Rangers: The CVA Failure

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8 Responses

  1. Jertzee says:

    Let’s hope the Duyndee United chairman is right when he suggests that Rangers won’t have much sympathy.

    It needs a big club to be removed from a top league in order to stop the clubs taking the piss and using the tax payers money to fund their football team.

    I would throw them out of the league but would accept the Scottish 3rd Division.

  2. DR says:

    Rangers apparently owe Rapid Vienna a fair chunk of money on the Jelavic transfer in 2010, & Rapid aren’t happy – especially as Jelavic was sold to Everton this January, cash to Rangers.

    This brings UEFA and FIFA more directly into the fray, potentially, which makes the forthcoming SPL vote even more fascinating.

    Time is running out re the 2012/13 season for Rangers. One further challenge to Green or any element of the process, and a Rangers-free Scottish league likely becomes reality.

    Btw Private Eye published this week has a piece regarding why Craig Whyte’s late 1990s problems with the DTI & subsequent disqualification arose.

  3. Alan Jones says:

    Not surprised, as HMRC has always voted against CVA’s ever since they lost their ‘preferred creditor’ status around 10 years ago.

    Rangers should start at the bottom and work their way up. In fact, they should resign from the SPL before the vote and ask to join the SFA.

    At least now there will be a full invenstigation in how the company went bust, with Murray and Whyte being the protagonists.

    But I did notice the administrators ‘costs’ total £5.5m for around 5 months work. Surely there should be an investigation into those as well !!

  4. Albert Ross says:

    I can’t help but contrast the difference in approach between the FA and the SFA…. Darlington fail to agree a CVA, and are treated as a brand new club with a demotion to the Northern League – effectively an extra 2-3 relegations; Rangers fail to agree a CVA, and the club are in with a fair chance of playing in exactly the same league as previously, with a vote that includes themselves and a lot of other clubs who stand to lose out financially from a couple of large attendance games not happening if Rangers aren’t allowed back in….

  5. SW says:

    Good point Albert. And the predictable ill disguised bullying threats coming out of Rangers and their mouthpieces in the media about the consequences for Scottish football do them no credit. Precedents have been set with Livingstone and Gretna – Rangers must be subject to the same rules and punishments as everybody else in the same situation. No more and certainly no less.

  6. Johnny says:

    Albert/SW, I am not sure which teams you guys support, but (as a fan of a lower-reaches SPL club) I very much want to see Rangers punished properly (or whatever the newco is called, if that’s what ends up happening). This can surely only mean that they have to re-apply to join the SFL in Division Three. There is no way an essentially new club should be allowed to waltz into the top league.

    But my main reason for posting this here is to make it plain that, whatever the Scottish press may say and whatever our chairmen may end up doing, the appetite of the fans of most teams outwith the Old Firm is for the scenario I describe to the one that unfolds. I am not sure what this website’s policy on linking to others is, so I don’t do it, but will merely say that the fan attitudes I describe can be seen on the mammoth thread on Rangers’ shenanigans in the forum on a Scottish fans’ website called Pie and Bovril. Unless you have lots of time, you won’t be able to read it all (it weighs in at 1700+ pages at the last time I saw it) but the merest dipping in would show how other fans feel. You might not feel the need to see that and that’s ok, but I wanted to highlight this as an example to show that Scottish football fans as a whole DO NOT think it’s ok for a club to cheat on their taxes and engage in financial doping.

  7. Gaffney says:

    Here is one plain and simple reason they should not get back into the SPL. They have £3.3m they owe to other football clubs for loan wages and transfer fees. Morally for fans and the clubs, Rangers haven’t and won’t ever pay fully for these players who shouldn’t have been playing for the club. So unless Newco pays all £3.3m to the football clubs, it’s a define strike against letting them back in.

    Strike two with how they brought the game into dispute which includes using legal loopholes to save ridiculous amounts of cash.

    Strike three with the sheer amount of debt they collected in an uncompetitive fashion that hasn’t been paid.

    Strike four the potential dual contracts issue.

    Then tip that off the reputation of the Rangers fans who would want to help them. Plain and simple there is no way on earth that they should get back into the SPL.

  8. Borys says:

    Eagerly awaiting the terrible length address :)
    Nice summary – although the P&B board is on top of events it usually lacks the occasional summary.

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