Rangers in administration (Non WHU)

[York Ham(mer)]

Link to to the PDF: https://www.rangersshareoffer.com/Prospectus.pdf

Loss from operations before player trading £3,776,000 in three months ?

[the pink palermo]

So, a club that was so skint a year ago , unable to pay local catering firms and travel agents , along with HMRC , has property assets valued at £79.2m .

Is it any wonder HMRC take a dim view on football ?

Also, note of the money they are seeking to raise, £4.5m of it is for land aquisitions adjacent to Ibrox .

Here comes the real plan.......a casino .

[QuintonNimoy]

So, a club that was so skint a year ago , unable to pay local catering firms and travel agents , along with HMRC , has property assets valued at £79.2m .

Is it any wonder HMRC take a dim view on football ?

Which they apparently acquired for the grand total of £1million IIRC. Also IIRC correctly the point was made that selling off assets at a massive discount to their market value when a company is in duress at the expense of the creditors losing out is illegal. I wonder if anyone will be revisiting this episode?

[Johnny Byrne's Boots]

Rangers should leave Scottish football if restructuring goes ahead (BBC)

Rangers will consider leaving Scottish football if plans to restructure the leagues are pushed through.
Clubs are set to vote on a proposal which would create three divisions, with 12 teams in both of the top two leagues and 18 in the third flight.
But Rangers chief executive Charles Green is not in favour of the plan.
"If that's what we have sat here eagerly awaiting, my advice is the quicker we can leave Scottish football the better," he told the club website.

The subject of Rangers and Celtic leaving Scotland has long been discussed but Green knows there is no existing escape route.
Any club playing matches in Scotland needs the blessing of the Scottish Football Association, Uefa are currently opposed to cross-border leagues and England's top-flight has rejected the notion of welcoming the Old Firm.
"On first glance, of course, there is nowhere for us to go because Fifa have made their feelings known on cross-border leagues," added Green.
"Hand on heart, there isn't an option but that doesn't mean we shouldn't start looking for an option.

They do love playing the oppressed victim, don't they?

[DaveWHU1964]

So there isn't an option but they're going to look for one anyway? That's just brilliant.

I'm going to apply that very same principle to my kitchen. I know that there are no Fray Bentos steak and kidney pies in my cupboard (I've eaten them all) but I'm going to defy reason and logic and have a look in my cupboard for one anyway. I'll keep you updated.

[vmixture]

"In what league do you win a division and then end up playing the same teams again the following season? There is no meaning to it, in reality."

Erm try the SPL. You helmet.

Perhaps the Welsh league will have you.

[York Ham(mer)]

Astonishing rant on their website:

http://rangers.co.uk/news/opinion/item/3085-remember-sporting-integrity

THE shape of things to come, three divisions of 12-12-18, has been agreed in principle.

This abomination will now be pulled and stretched by selected members of the SPL and SFL in a desperate attempt to make it more presentable.

Good luck with that.

It would be easier trying to iron out the lines on the face of the old broad, Madge, in Benidorm.

Dignity is not something that appears to come easily to them.

['Appy 'Ammer]

Perhaps thaey should play Liverpool week in week out. The game would never start

[Wembley1966]

They're a bit fed up because they'd been led to believe by their friends in the SFA/SPL that with a reconstruction that they would get back to the top quicker - the proposal at the moment means it will still take another 2 seasons at best.

They also stated in their share offering prospectus:

the fact that any restructuring of Scottish football may enable the Club to return to the top division of Scottish football sooner than currently anticipated and to therefore benefit from access to different sources and levels of income.

[Paddy O'Hammer]

Dump them both on Rockall.

An old firm derby every week - Sky would love it, just love it

[MargateHammer]

This link on the official site is interesting, specifically, a certain paragraph:

http://www.rangers.co.uk/news/headlines ... laim-boost

Quote: "“We have this slight anomaly where for a period newco were not members of the SFA from June 14 until being granted membership on August 3."

This then begs the question: who did Brechin play in the Ramsdens Cup??

According to that, they fielded 11 (plus subs) illegally registered players since they were not members of the SFA, SFL and/or SPL.

It seems to me that, based on what is quoted above, if you get a group of blokes together, call yourself a team, you can play in the Ramsdens cup!!!!

Totally idiotic!!

[Antwerp_Lad]

This link on the official site is interesting, specifically, a certain paragraph:

http://www.rangers.co.uk/news/headlines ... laim-boost" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;

Quote: "“We have this slight anomaly where for a period newco were not members of the SFA from June 14 until being granted membership on August 3."

This then begs the question: who did Brechin play in the Ramsdens Cup??

According to that, they fielded 11 (plus subs) illegally registered players since they were not members of the SFA, SFL and/or SPL.

It seems to me that, based on what is quoted above, if you get a group of blokes together, call yourself a team, you can play in the Ramsdens cup!!!!

Totally idiotic!!

They were given a temporary license.

And Wembley: Trust me when I say there is nobody at Rangers who either expects or wants to be fast-tracked into a higher division.

Other fans love to claim they do, because it doesn't sit well that Rangers are perfectly content to work their way up through the normal system.

I mean, it's far easier to think Rangers are desperate, right ?

Btw, hilarious what kind of a shitstorm Green has caused by his comments.
Seems like it's perfectly fine for one club to want out of Scotland, but when Rangers mention it it's different ?
Everyone knows it won't happen, Green said so literally but that doesn't seem to matter to some.

I would agree that Green could do with a bit more restraint in his comments, but for almost 20-30 years Rangers had nobody to stand up when the media took the usual shots at the club, now there's a Yorkshireman who doesn't hold back and it seems like some people have issues with it

[stammer]

Rangers aside, all the reshuffling proposed and that has gone on in the past makes not a jot of difference. The same teams, same number of people willing to watch substandard football which at the pinnacle will only ever be won by 1 of 2 teams. Rearranging the deck chairs on the Titanic springs to mind.

[stammer]

"In what league do you win a division and then end up playing the same teams again the following season? There is no meaning to it, in reality."

Erm try the SPL. You helmet.

Perhaps the Welsh league will have you.

why not add the EPL, bundesliga, serie A or any other top division in a country, surely you knew that he meant win a lower division, no?

[Antwerp_Lad]

why not add the EPL, bundesliga, serie A or any other top division in a country, surely you knew that he meant win a lower division, no?

When I read it that's what I assumed right away too.

[Hammers Dad]

Surely all Rangers have to do if they want to join a different league is quote Berwick Rangers as a precedent.
An English team playing in a Scottish League would seem to negate any objection FIFA may have.

[Antwerp_Lad]

Surely all Rangers have to do if they want to join a different league is quote Berwick Rangers as a precedent.
An English team playing in a Scottish League would seem to negate any objection FIFA may have.

Berwick played in Scotland because they weren't allowed into the English league, they had no choice.

English clubs have already said they are opposed to the idea.

[sendô]

Plus Cardiff, Swansea and Wrexham playing in the English league despite being registered with the Welsh FA.

I'm still surprised that when Rangers were reformed and told they would have to start again at the bottom of the SFL they didn't try harder to get into the bottom of the English league system.

[Ted Fenton]

Dump them both on Rockall.

IIRC Ireland has laid claim to Rockall, so they could play in the League of Ireland.

[beckton]

I'd suggest they go play on the moon but there'd be no atmosphere at games.