Theverdict1
Well-known member
9 million for two if you are on Clyde with the sun journalist.
So it's the week after they go bust?
9 million for two if you are on Clyde with the sun journalist.
I fully agree BoabA company is a legal entity. An ethereal “spirit” of a football club is not.
By the UEFA definition therefore Rangers Football Club PLC, now RFC 2012 PLC (oldco) was the legal entity [a company] responsible for a football team [Rangers] participating in national and international competitions and which was a registered member of the SFA.
Oldco was a football club until 14th June at which time it sold all of the assets and business to Sevco. As the August report by the Administrators says:-
The sale of the business and certain assets included the sale of the Company’s right, title and interest in its SPL share and SFA membership. Following the sale of these assets, the sale of Ibrox and Murray Park and the transfer of the Playing Staff to Newco the Company was no longer in a position to meet the criteria for membership of any of the Football Authorities and therefore no longer operates a Football club.
What about “Rangers”, the football team?
It is not a legal entity.
It might be argued that it fulfils the remaining criteria, but it fails to get over the first hurdle. It is not a legal entity.
Now we have the Rangers Football Club Ltd, formerly Sevco Scotland Ltd or newco.
It fulfils the definition above too, at least now, as it is a legal entity responsible for a football team.
However, it was not a member of the SFA until 3rd August. Therefore newco was not a football club within the UEFA definition until then.
The question arising from this definition is how the football team, Rangers, operated by a football club, oldco, can still be the same team now operated by a different club, newco, where there was a hiatus of almost two months during which time there was no “football club” responsible for Rangers!
Fuck how can you get by the statue guarders and the flag pole gardersBut we know all this, your preaching to the converted, away over to follow follow and paste that into EVERY thread gies us aw a laugh
Radio Clyde pushing squirrels stating 4 mill for Cedric
" A statement confirmed: "Rangers are delighted to confirm Cedric Itten has joined the club on a four year deal for an undisclosed fee."
You’ve miss-spelled that mate it’s an undisclosed FREE “please,please take our shite, take his high wage away”Radio Clyde pushing squirrels stating 4 mill for Cedric
" A statement confirmed: "Rangers are delighted to confirm Cedric Itten has joined the club on a four year deal for an undisclosed fee."
it would mean they would likely be open to where the funding is coming from from their financially literate shareholdersthis might seem daft but why is it undisclosed?
could even be part of political shenanigans to keep the bull dogs voting union both from Westminster and StormontRangers appoint DUP councillor and Worshipful Master of the Orange Order as head of media
David Graham, a Belfast city councillor for Balmoral, succeeds Jim Traynor as club spokesman in Maywww.telegraph.co.uk
DUP have lots of cash!
Eh? What are you on about? I just called Alex Rae to ask him if this was true and he assured me you were talking nonsense. Apparently you are part of Lawwell's Vatican led conspiracy to cheat the great loyal statue defenders of their deserved and rightful silverware. And if you keep spreading these terrible lies then The Lying King's ultra successful lawyers will be seeing you in court!A company is a legal entity. An ethereal “spirit” of a football club is not.
By the UEFA definition therefore Rangers Football Club PLC, now RFC 2012 PLC (oldco) was the legal entity [a company] responsible for a football team [Rangers] participating in national and international competitions and which was a registered member of the SFA.
Oldco was a football club until 14th June at which time it sold all of the assets and business to Sevco. As the August report by the Administrators says:-
The sale of the business and certain assets included the sale of the Company’s right, title and interest in its SPL share and SFA membership. Following the sale of these assets, the sale of Ibrox and Murray Park and the transfer of the Playing Staff to Newco the Company was no longer in a position to meet the criteria for membership of any of the Football Authorities and therefore no longer operates a Football club.
What about “Rangers”, the football team?
It is not a legal entity.
It might be argued that it fulfils the remaining criteria, but it fails to get over the first hurdle. It is not a legal entity.
Now we have the Rangers Football Club Ltd, formerly Sevco Scotland Ltd or newco.
It fulfils the definition above too, at least now, as it is a legal entity responsible for a football team.
However, it was not a member of the SFA until 3rd August. Therefore newco was not a football club within the UEFA definition until then.
The question arising from this definition is how the football team, Rangers, operated by a football club, oldco, can still be the same team now operated by a different club, newco, where there was a hiatus of almost two months during which time there was no “football club” responsible for Rangers!
Eh? What are you on about? I just called Alex Rae to ask him if this was true and he assured me you were talking nonsense. Apparently you are part of Lawwell's Vatican led conspiracy to cheat the great loyal statue defenders of their deserved and rightful silverware. And if you keep spreading these terrible lies then The Lying King's ultra successful lawyers will be seeing you in court!
they were wrongedEh? What are you on about? I just called Alex Rae to ask him if this was true and he assured me you were talking nonsense. Apparently you are part of Lawwell's Vatican led conspiracy to cheat the great loyal statue defenders of their deserved and rightful silverware. And if you keep spreading these terrible lies then The Lying King's ultra successful lawyers will be seeing you in court!
Cause they dont do freebies when they are panicking. 9 mill spent on a Tuesday they owe Hagi and Kent fees, whos kidding who?this might seem daft but why is it undisclosed?
the bank of last resort can create moneyCause they dont do freebies when they are panicking. 9 mill spent on a Tuesday they owe Hagi and Kent fees, whos kidding who?
Spot on BL we keep they don’t have a pot to piss in ,aye but they just go out and sign players weather there good or bad ,question is were are they getting the money from ? We all been told they have nae money keep hearing the same old rhetoric aye there skinto but can still go and get new additions in, it baffles meCan we just stump up the money for Toney and stop dicking around. They haven’t a pot to piss in and have already spent 7m on kunt, 4mill on Roofe.