Carsons Dog 9,878 Posted January 17, 2014 Share Posted January 17, 2014 Are we getting a cut of his transfer fee? Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,890 Posted January 17, 2014 Share Posted January 17, 2014 Yes mate,though the money goes into creditors pot of 'oldco' Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted January 17, 2014 Author Share Posted January 17, 2014 Yes mate,though the money goes into creditors pot of 'oldco'Cheers Quote Link to post Share on other sites More sharing options...
elephants stoned 2,994 Posted January 17, 2014 Share Posted January 17, 2014 Is there a source for this? I just dont see craig shyte putting sell on clauses into he deal when he knew he most likely wouldnt be around to collect the cash. Good boost for the oldco if true though. Quote Link to post Share on other sites More sharing options...
Figo 91 Posted January 17, 2014 Share Posted January 17, 2014 I always thought this although the mail are reporting that the "newco" will also recieve £300,000 from jelavics fee.http://www.scotsman.com/sport/football/latest/rumour-mill-rangers-pay-cut-celtic-hearts-1-3271805 Quote Link to post Share on other sites More sharing options...
MayboleLoyal_atb 3,688 Posted January 17, 2014 Share Posted January 17, 2014 The sun reporting we will get the money. Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted January 17, 2014 Share Posted January 17, 2014 The sun reporting we will get the money.We paid the debt to Rapid Vienna didn't we? So that would be fair IMO. Quote Link to post Share on other sites More sharing options...
Creampuff 22,628 Posted January 17, 2014 Share Posted January 17, 2014 Cool . Quote Link to post Share on other sites More sharing options...
trueblue68 2,497 Posted January 17, 2014 Share Posted January 17, 2014 The club’s liquidation means all monies raised for deals struck by the oldco are split evenly between the newco and the liquidation pot.As such, the current board will only see £300,000 of the Jelavic cash while twice that amount would have been heading their way had liquidation not occurred.A Rangers spokesperson confirmed: ‘The club will benefit financially from a sell-on clause that was in the original transfer agreement with Everton.‘The money will be split between the club and the liquidation estate in accordance with an agreement that was made with the joint liquidators from BDO LLP.’http://www.dailymail...-cut-costs.html Quote Link to post Share on other sites More sharing options...
Figo 91 Posted January 17, 2014 Share Posted January 17, 2014 excellent thats good news. Quote Link to post Share on other sites More sharing options...
MayboleLoyal_atb 3,688 Posted January 17, 2014 Share Posted January 17, 2014 We paid the debt to Rapid Vienna didn't we? So that would be fair IMO.Aye a think that's correct. The tims certainly won't like a so called dead club receiving money Quote Link to post Share on other sites More sharing options...
Creampuff 22,628 Posted January 17, 2014 Share Posted January 17, 2014 Shouldn't we then be due the rest of the transfer fee from Everton that's sitting in an envelope at Hampden? Quote Link to post Share on other sites More sharing options...
Smile 26,600 Posted January 17, 2014 Share Posted January 17, 2014 The money goes to prop up the Knewco Spl. Quote Link to post Share on other sites More sharing options...
Bobby Hume 13,035 Posted January 17, 2014 Share Posted January 17, 2014 At least we are getting a cut, as they say, "every little helps" Quote Link to post Share on other sites More sharing options...
there'sonlyoneamoruso 1,724 Posted January 17, 2014 Share Posted January 17, 2014 Shouldn't we then be due the rest of the transfer fee from Everton that's sitting in an envelope at Hampden?I suspect that money is long gone, but I that is a totally different topic! Quote Link to post Share on other sites More sharing options...
BertContraband 282 Posted January 17, 2014 Share Posted January 17, 2014 Yes mate,though the money goes into creditors pot of 'oldco'so thats a no then Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted January 17, 2014 Author Share Posted January 17, 2014 We paid the debt to Rapid Vienna didn't we? So that would be fair IMO.Did they beat Villa though? Quote Link to post Share on other sites More sharing options...
Blue corn flakes 1,282 Posted January 17, 2014 Share Posted January 17, 2014 Much did he go for? Quote Link to post Share on other sites More sharing options...
jcb 1,167 Posted January 17, 2014 Share Posted January 17, 2014 This agreement was explained in the BDO report dated 22/05/13 under book debts.To my untrained eye it looks like we were entitled to 100% of the Jelavic money (BDO took legal advice on this and wanted to avoid expensive litigation costs) but settled on a 50/50 split. Quote Link to post Share on other sites More sharing options...
pcbear 10,913 Posted January 17, 2014 Share Posted January 17, 2014 Much did he go for?Bump? Quote Link to post Share on other sites More sharing options...
MayboleLoyal_atb 3,688 Posted January 17, 2014 Share Posted January 17, 2014 Bump?£6.5 million apparently Quote Link to post Share on other sites More sharing options...
elephants stoned 2,994 Posted January 17, 2014 Share Posted January 17, 2014 £6.5 million apparentlyCrazy that a player whos had no form for a year and played mostly sub appearences can go for more than we got for him 2 years ago simply because hes now a EPL player and not a SPL player. Quote Link to post Share on other sites More sharing options...
Bighouse 1,012 Posted January 17, 2014 Share Posted January 17, 2014 Really does illustrate how much we got ripped off in selling him Quote Link to post Share on other sites More sharing options...
Figo 91 Posted January 17, 2014 Share Posted January 17, 2014 Really does illustrate how much we got ripped off in selling himtrue but we can only sell for what people are willing to pay Quote Link to post Share on other sites More sharing options...
SirAlistairofMcCoist 91 Posted January 17, 2014 Share Posted January 17, 2014 Score for fun up here Quote Link to post Share on other sites More sharing options...
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