Scottish Football

I Come To Bury Rangers, Not To Praise Them

By on Jun 22, 2012 in Finance, Latest, Scottish Football | 26 comments

The scriptwriters for soap operas must be under enormous pressure to produce dramatic yet feasible storylines every few days. But if the pressure gets too much for them, which some might argue it already has, they can always consult whichever twisted mind writes Rangers’ stuff these days. Twice in the past few days – nope, make that three times – I have had to...

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Rangers: The CVA Failure

By on Jun 13, 2012 in Finance, Latest, Scottish Football | 8 comments

So farewell then, Rangers’ Company Voluntary Arrangement (CVA) and farewell too, Rangers’ administrators Duff & Phelps (D&P). The announcement that HM Revenue and Customs (HMRC) are going to oppose D&P’s proposals to take Rangers out of administration came as news to many followers of national and local newspapers, TV and radio in Scotland, while it has...

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Rangers: The Sheer Brassneckery Of Administration

By on Jun 4, 2012 in Finance, Latest, Scottish Football | 21 comments

The rural west of Ireland is quiet at its noisiest. And two weeks away from the noise of the Rangers saga was blissfully quiet. I knew I was returning to something major, however, as I was aware that the BBC’s Mark Daly had fronted another Ibrox insolvency-related documentary and that administrators Duff and Phelps had finally published their “best-and-final” CVA....

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Match of the Weekend 2 – The Scottish Cup Final: Hibernian 1 Heart of Midlothian 5

By on May 20, 2012 in Latest, Scottish Football | 3 comments

Having waited 118 years for a second all-Edinburgh Final, the Scottish Cup final ended up being a disappointment for neutrals, and especially Hibernian fans, as Heart of Midlothian ran out comfortable 5-1 winners, for their eight victory in the competition, their third Cup win in fourteen years. It was a game overshadowed by controversy, especially concerning the...

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Now That Rangers Are Saved, Part Three

By on May 17, 2012 in Finance, Latest, Scottish Football | 1 comment

Rangers’ spell in administration was best summed up deep in one of Court of Session Judge Lord Hodge’s many Rangers pronouncements over recent months. Paragraph fifty of his directions to administrators Duff & Phelps on the once thorny subject of Ticketus began “Administration has developed as a very flexible procedure to cope with the likely or actual...

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Rangers: It Was The Daily Record Wot Won It

By on May 12, 2012 in Finance, Latest, Scottish Football | 7 comments

We have it in England too, of course. If the Daily Express newspaper doesn’t lead with a “news” item on Princess Diana, Madeleine McCann, freak weather or an EU “scandal”, something is seriously wrong. But the Daily Record newspaper’s near-obsession with the ‘Blue Knights’ consortium, which exited stage left for the very last time honest yesterday afternoon, has...

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Rangers: Miller’s Crossing Off

By on May 9, 2012 in Finance, Latest, Scottish Football | 5 comments

So…farewell, then, Bill Miller. Executive members of Scotland’s football authorities spent much of the weekend with their backs bent over – those that had spines in the first place – in order to facilitate his acquisition of Rangers. But the only progress to be made anywhere was newspapers’ discovery of a second picture of the now Rangers ex-preferred...

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Rangers Creditors Volunteer To Agree?

By on May 7, 2012 in Finance, Latest, Scottish Football | 3 comments

More “lies”? Rangers co-administrators, Paul Clark and David Whitehouse have been relatively normal in at least one aspect of their Ibrox operations. Wherever there are co-administrators, one dominant personality emerges. When insolvency practitioners such as Andrew Andronikou (Portsmouth) and Brendan Guilfoyle (Plymouth) are involved, these dominant personalities...

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