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Is ewing grahame taking over from english?


iang2911

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He calls up the spfl and asks if Rangers will get a 25 point penalty if admin2 happens, IMO it's not going to happen but heyho! And gets this response.

Lord Nimmo Smith ruled, at a hearing last February, that the current club was a continuation of the same entity

By EWING GRAHAME

Rangers would be deducted 25 points should they be forced into administration this season – even though Hearts were given just a 15-point penalty last year.

Under new rules introduced last summer when the SPL took over the Scottish Football League to form the SPFL, clubs which suffer more than one insolvency event in the space of five years will be hit with a 25-point penalty.

The SPFL board believes that, since Lord Nimmo Smith ruled, at a hearing last February, that the current club was a continuation of the same entity which went into liquidation in October 2012 when finding them guilty of not disclosing payments to their players, Rangers should face the heavier sanction.

Rangers are currently 23 points clear of second-placed Dunfermline at the top of League One.

The Ibrox club first entered administration in February 2012 and former director Dave King has warned that it could happen again.

SPFL sources also confirmed that Hearts will start 2014-15 on minus 15 points if they have not emerged from administration before the beginning of the season.

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TBH honest all this admin 2 is bollocks- it simply won't happen.

That's not apathy, it's that the current investors would loose everything. So they wouldn't let it happen.

And, all were doing is balancing the books. Yep, there are hard times and decisions imminent but it has to be done.

Also, and for argument's sake, Admin 2 did happen then we should get a 25 point penalty.

That would be a FURTHER confirmation (see LNS, ASA, UEFA et al) that we are the same club!!!

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TBH honest all this admin 2 is bollocks- it simply won't happen.

That's not apathy, it's that the current investors would loose everything. So they wouldn't let it happen.

And, all were doing is balancing the books. Yep, there are hard times and decisions imminent but it has to be done.

Also, and for argument's sake, Admin 2 did happen then we should get a 25 point penalty.

That would be a FURTHER confirmation (see LNS, ASA, UEFA et al) that we are the same club!!!

Agree mate, the quote from the SPFL board has rattled a few cages on their comments section.

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He calls up the spfl and asks if Rangers will get a 25 point penalty if admin2 happens, IMO it's not going to happen but heyho! And gets this response.

Another "if yer auntie had balls, and those balls had lumps, and those lumps turned out to be tumours" article.
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TBH honest all this admin 2 is bollocks- it simply won't happen.

That's not apathy, it's that the current investors would loose everything. So they wouldn't let it happen.

And, all were doing is balancing the books. Yep, there are hard times and decisions imminent but it has to be done.

Also, and for argument's sake, Admin 2 did happen then we should get a 25 point penalty.

That would be a FURTHER confirmation (see LNS, ASA, UEFA et al) that we are the same club!!!

They never quite explain why current investors would let their debt-free, asset-rich investment go into administration, risking all of that, in order to save some cash rather than resolve any possible, but improbable, cash flow issues.

What if Hibs went into admin, given that they are a newco, not that anyone cares about that?

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TBH honest all this admin 2 is bollocks- it simply won't happen.

That's not apathy, it's that the current investors would loose everything. So they wouldn't let it happen.

And, all were doing is balancing the books. Yep, there are hard times and decisions imminent but it has to be done.

Also, and for argument's sake, Admin 2 did happen then we should get a 25 point penalty.

That would be a FURTHER confirmation (see LNS, ASA, UEFA et al) that we are the same club!!!

Exactly. And for both of those reasons I actually like this story.

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