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Posted
Greig Ingram from Dons Supporters Together has been invited to participate in a discussion on the possibility of a Rangers Newco during Sportsound this Saturday 9th June.

 

The feature will include an interview with Stephen Thomson, Chairman of Dundee Utd followed by a discussion with fans reps focussing on the pressure being placed on clubs by fans in relation to a possible vote on a Rangers newco being granted entry to the SPL.

 

The piece should be on at some point between 2 and 3.30pm tomorrow afternoon.

 

Did anyone listen?

 

Posted

Just seen this it has a lot of good points

DST issued the following statement earlier last month with regards to the ongoing situation with Rangers FC.

 

DST views with increasing concern the possibility that SPL clubs will vote to allow direct entry of a newco to the SPL with minimal penalties. The overwhelming opinion of supporters in Scotland is that a newco should enter senior football by applying for admission to the SFL 3rd division and working their way up again in a sustainable and honest way. Rangers like all other member clubs must be seen to comply with the rules and honour their debts, otherwise why should fans ever bother to turn up again, knowing for sure that the league is permanently rigged in their favour.

 

The mantra being repeated by most pundits and the officials of the SPL is that it is in the member clubs’ financial interest that a Rangers newco is immediately admitted to the SPL. The purported

grounds are that Rangers along with Celtic bring about £700,000 a year to the other clubs by their fans attendance at matches and the TV deal. The message now being put about is that integrity and fair play is trumped by the financial imperative to survive since Scottish football will supposedly cease to be viable if Rangers are not in the top league. How can this stance be squared with Rangers and Celtic’s insistence in recent years that their departure to England/an Atlantic League would not be detrimental to Scottish football?

 

These assertions must be strongly challenged by the SPL club chairmen. Firstly, who are making the assertions? Many of the proponents of the “status quo” being essential have a vested interest. Media  pundits and the press pack know that there will be far less appetite for their blanket coverage of the Old Firm if there is a transfer embargo and Rangers are facing East Stirlingingshire twice a season rather than Celtic. Their jobs hang in the balance. Clearly Rangers officials and supporters want their club at the top table winning trophies every season with guaranteed European football. They also have a vested interest for either financial or emotional reasons.

 

Now for the financial reality. In the case of our own club, in a season when AFC is in the top six, Rangers will normally add about 8000 over 2 games to the overall attendances for the season. Including

programmes, food and other ancillary sales, the annual revenue is therefore about £200,000. Rangers’ fans represent about 4% of Aberdeen’s gate revenue in an average season, and if we have a good run in Europe, such as 4 seasons ago their effect is reduced to 2% of gate revenue.

 

Should Dundee (probably the best supported club in the SFL 1st division) be promoted into Rangers place, they have historically brought at least 2000 fans to Aberdeen matches, so the Rangers effect is reduced to £150000. If only 300 AFC fans fail to renew their season tickets and walk away from the club next season as a result of a misguided vote to allow a Rangers newco direct entry to the SPL, the  effect of any Rangers support attending Pittodrie will be cancelled out. This is an entirely plausible scenario, which may well be repeated across all the SPL clubs given the strength of feeling being

demonstrated across Scotland on this issue. SPL club chairmen will only finally count the cost of their decision when season ticket sales fail to materialise, by which time it will be too late to persuade the fans that the SPL is not permanently rigged in favour of the “too big to fail” clubs. The SPL chairmen should indeed “be careful what they wish for” if they vote for finance over integrity.

 

The TV deal melt-down scenario must also be challenged. If imaginative thought is applied, an alternative TV deal could be put together which would replace the current tired format. Rugby Super League in England has a £90m 5 year deal with Sky despite having lower attendances than the SPL. That is a better deal than the SPL had, so why can a minority sport with lower support do it and the SPL can’t? Probably because we are competing with the EPL and UEFA games, and therefore get less money and the lunch-time, Friday and Monday evening kick-offs to fill in the TV schedule gaps. If we go for summer football, we would be the only show in town for several weeks of the year and our product would be much more valuable. We could increase the league

size as the customers want, have bigger play offs to keep the end of the season alive, and if OF games are actually essential to the deal, re-introduce the old League Cup qualifying groups at the start of the season with Rangers and Celtic in the same 4 team group to start the season with 2 OF games before the league starts. Overall, a revised programme for the season could easily generate the same cash as before from a TV deal, whether Rangers are in the SPL or not.

 

Finally let us address the potential absence of £500,000 a year income from TV. This could be replaced by increasing the average home gate by attracting only 1000 extra fans to every home game. The latent support for a successful Aberdeen FC is there to be had. 18,000 made the long trip to Glasgow for a 1215 kick-off only last month. If the AFC product on the pitch was more attractive and marketed as enthusiastically as a certain well known North-East house building company’s product, a target of 1000 extra season ticket fans to replace the TV income could easily be reached.

 

In summary, AFC like all the other SPL clubs does not need Rangers in the SPL to survive and thrive, and must vote for integrity in our national game.

 

Posted

Rangers could sign new players before exiting administration

By Alasdair Lamont BBC Scotland

 

Rangers could attempt to sign new players before the club is officially out of administration.

 

Charles Green is aiming to have a Company Voluntary Arrangement approved on Thursday, after which there is a 28-day cooling-off period.

 

But SPL rules state that, with board approval, clubs in administration may replace players whose contracts expire.

 

"If you are correct, that is an avenue open to the club," Green told BBC Scotland on Sunday.

 

Rule 6.20 of the Scottish Premier League's regulations makes provision for signings being made in special circumstances by clubs who have suffered an insolvency event.

 

While there is no guarantee the SPL board would approve any signings, with several players' contracts expiring, that could allow Rangers to use the rule to bring replacements in.

 

If the CVA is approved, which is still the subject of dubiety, the cooling-off period would take Rangers to mid-July.

 

The club had been banned from signing players for 12 months by a Scottish Football Association-appointed Judicial Panel, a decision upheld by an Appellate Tribunal but subsequently set aside by the Court of Session.

 

The Appellate Tribunal must now decide what punishment to administer.

 

In the meantime, Green has confirmed he had told a supporters' meeting on Wednesday that he has a list of 19 target players drawn up, five of whom are involved at Euro 2012.

 

And he says he has added £1.5m to the budget Ally McCoist and the administrators Duff & Phelps had been working to for next season.

 

Green had also been examining the possibility, if Thursday's creditors' vote goes in favour of a CVA, of setting aside the 28-day cooling-off period, to allow a swifter exit from administration.

 

But lawyers have advised that even if the two main creditors - HMRC and Ticketus - had been willing to agree to that, it would not be possible because other creditors had to be allowed the right to raise objections in that period and only a judge can bring the period of administration to an end.

 

Of the money raised so far (£5.5m is lodged with the lawyers Taylor Wessing, as confirmed by Simon Shipperley of Duff and Phelps at the fans' meeting), £2m has come from Singaporean investors, £2m from another major investor, with the remainder split.

 

Having closed the initial round of funding with £10m raised, Green says he will entertain a second round of investment with a maximum of £4m per investor.

 

Green also referred to a £10m stadium-naming deal with "an airline investor or alternative".

 

"I've been speaking to a number of people, some of whom are connected to our investors, some not," he added.

 

"I've said all along, stadium-naming is an emotive issue, but whatever we do it would always be Ibrox Stadium."

 

Posted

I can see the hun pushing thier luck, getting a couple of players on pre season agreements to see what balls the SPL board have. If they pass these players as elegible to play for them, then they knoe they have the whol shooting match in the palm of thier hands and so they can please themselves.

 

What needs to happen is the SPL board to say fuck off. You get no signings approved by us. Oh and here is your application form to division three, you cheeky bunch of cheating scumbags.

Posted

So if the fuckers get kicked out the league it will kill Scottish football but if they leave to go to England or the Atlantic so called league it will not.

How does this work

 

It doesnt. They and the SFA dont have an arguement in this regard.

Posted
HMRC consider that the decision will enable a liquidator to instigate a wider investigation into all of the financial affairs and management of the Club in recent years and to bring to task those they believe are responsible for its collapse
Posted
In a statement it said: "Liquidation will enable a sale of the football assets to be made to a new company, thereby ensuring that football will continue at Ibrox.

"The solemn promise I can make to Rangers fans today is that this club will continue as Rangers Football Club and will continue to play at Ibrox Stadium," said Yorkshireman Green.

 

Is it beyond the realms of possibility that a land developer or other such company could come in and try to buy Ibrox for more than Green is offering?  ;D

It seems to me that they are banking on Green being the only bidder for the ground, Murray park etc But surely if anybody bids more than Green for the individual assets, then they have as much rights, maybe even more so to buy them? I'd guess the creditors would have a say in that too?

 

Just sayin!

 

Posted

Does this mean no europe for three years at a minimum then as Newco will need to trade for three years to be able to produce 3 years audited accounts?

 

Indeed it does :thumbsup:

Posted

Is it beyond the realms of possibility that a land developer or other such company could come in and try to buy Ibrox for more than Green is offering?  ;D

It seems to me that they are banking on Green being the only bidder for the ground, Murray park etc But surely if anybody bids more than Green for the individual assets, then they have as much rights, maybe even more so to buy them? I'd guess the creditors would have a say in that too?

 

Just sayin!

 

It's certainly not beyond the realms of possibility but there are issues with both sites. For example, would Milne or Bett want the ground to build flats on? Not likely considering the surrounding area. Tesco or the like is a possibility but again in the surrounding area there's a massive ASDA.

 

There is every chance it's not Green - I'd be amazed if he has the money or the desire to go through with all this - but I still envisage it being used for football.

 

Hope not though!

Posted

There's already a tesco not far from Murray park so can't see them buying it.  Still milngavie is one of the nicer areas in Glasgow, it's not out if the question for mp to be turned into a residential area. 

Posted

How can they continue to play under the name of Rangers Football Club??? A newco will have to have a new name, Even if it is Rangers Football Club 2012 thats what fans of every other team will refer to them as.

Posted

Winna be happy till they demolish Ibrox red brick by red brick, and sell them to the minks who want to buy them. HMRC may well make a £400m profit if they charge a £15 a brick or something. The maths would need to be done and the bricks counted but for the taxpayer to get out this in credit would be sweet. We could then present Sir David Murray with a platinum crutch as a thank you. Just the one, mind. Lets not ging feel here.

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