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Scottish Premiership - Aberdeen v Dundee

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I completely disagree.

 

There's absolutely no way I'd accept any sort of pay cut to try to save someone else's job, I'd sooner take my chances with the administrators and redundancy.  It's not like anyone's going to struggle to find employment with a new club.

 

I'm in total agreement with you, almost posted the same thing last night but thought it looked too much like hun sympathy.

 

No one can just accept a 75% wage cut without noticing it.  That sort of cut would seriously change someone's circumstances and with families to support and bills to pay its no wonder they refused it. Of course the players could cut back accordingly but that can hardly be done over night.

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By ANDREW SMITH

Published on Sunday 4 March 2012 00:00

 

CRISIS-HIT Rangers Football Club received a new blow yesterday when its administrator admitted the chances of the team playing in Europe next season had now all but vanished.

 

In comments that will further disappoint staff and fans at Ibrox, Dave Whitehouse, from Duff and Phelps, said it was highly likely a 31 March deadline to satisfy football authorities that the Glasgow club was able to meet its financial obligations would be missed.

 

To obtain a Uefa licence to play in the money-spinning Champions’ or Europa leagues, the club must demonstrate to the Scottish Football Association by the end of this month it can satisfy the requirements of HMRC, which forced Rangers into administration last month over an unpaid tax bill of up to £15 million.

 

However, at present, administrators are still seeking to unravel the club’s finances since the ill-fated takeover by owner Craig Whyte last May, and a new ownership bid by a consortium of businessmen has yet to materialise.

 

Yesterday, Whitehouse stated: “The 31 March deadline is technically still possible but highly problematic.

 

“We will know much more by 16 March [when “indicative” bids for ownership are required]. There comes a point where we have to decide who is a genuine bidder with a capacity to deliver and who is posturing. That is the process we are going through now.”

 

Rangers lie in second place in the Scottish Premier League after a ten-point docking for going into administration.

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Don't think it was ever a possiblity that they would manage to meet the relevant criteria to obtain a licence as it is a requirement that audited company accounts need to be submitted and it sounds as if they're still as far away from that as ever.

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The Scottish Premier League are to investigate the alleged non-disclosure of payments made to players by Rangers.

 

The probe will examine whether further payments were made in addition to main contracts and if SPL rules and regulations were breached.

 

The Scottish FA have already said they are aware of the claims, made by former director Hugh Adam .

 

Adam said that some payments were not included in official contracts that were registered with the SPL and SFA.

 

A brief statement from the SPL reads: "The SPL Board has instructed an investigation into the alleged non-disclosure to the SPL of payments made by or on behalf of Rangers FC to players since July 1, 1998.

 

"SPL rules F1, G1.1 and G1.5 give the SPL Board wide powers of investigation into potential breaches of the SPL rules.

 

"SPL rules D9.3 and D1.13 impose a prohibition on players receiving payments for playing football or participating in an activity connected with football except where such payments are made in accordance with a form of contract approved by the SPL and require that all such contracts are submitted to the SPL within 14 days of being entered into."

 

In a Daily Mail interview, Adam claimed that Ibrox directors were aware of the widespread use of an Employee Benefits Trust scheme.

 

A high-profile first tier tax tribunal will deliver a verdict soon on the EBT arrangement deployed by Rangers under the stewardship of former owner David Murray.

 

Regardless of that ruling, any 'off-the-books' payments to players would be a clear breach of SPL and SFA statutes.

 

"We will be looking into it and taking whatever action is necessary," said SPL chief executive Neil Doncaster.

 

"We'll be dealing with the administrators at Rangers to establish the facts, to establish whether there were any payments that were made that were undisclosed at that time.

 

"If there are, then we'll take that forward.

 

"Our role here is to apply the SPL rule book.

 

"We'll conduct the investigation as quickly as we can."

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Still going to be on 100k plus a year

 

Or in the case of Steven Davies who is on £28k per week, that'll reduce his basic wage to marginally over £350k per annum. Steven Whittaker will be on a mere £250k per annum......fucking tough life isn't it ::)

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