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http://scotlandonsunday.scotsman.com/football/Sale-of-Rangers-FC-39will.6650410.jp

 

Quote

Sale of Rangers FC 'will go ahead by mid-January'

 

Published Date: 05 December 2010

By Tom English

 

A DEAL to sell Rangers Football Club to Scots venture capitalist Craig Whyte will go though by the middle of January, according to senior sources at the club.

Whyte, 39, met with Ibrox chairman Alastair Johnston in Glasgow to discuss the purchase of Sir David Murray's shareholding in the club.

 

The proposed £33 million deal will wipe out the existing debt that has stymied Rangers in the transfer market for two years.

 

Yesterday, sources at Rangers said the deal, barring any late hitches, could be completed before Christmas but it is more likely that it will be done by the middle of January. "We can't say with 100 per cent certainty, but Whyte has the money and is very convincing. We think the deal will happen," said the source.

 

Murray has presided over Rangers for 22 years but has been keen to sell his stake for some time.

 

Hopefully the debt thing is not true as that is what is holding them back at the moment.

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Damn!

 

I was hoping to catch some paranoid tim-sympathisers ;D

God his guy would almost make me buy the Telegraph.  Has he ousted that sycophantic prick Roddy Forsyth as their Scottish correspondent?

 

http://www.telegraph.co.uk/sport/football/teams/rangers/9429885/Rangers-go-the-wire-haggling-over-SFA-membership.html

 

It's understood that Green's Sevco Scotland Ltd have deigned to accept a 12-month signing embargo from Sept 1 and a fine of £160,000 from the SFA but are still unwilling to "accept" any future punishments from the Scottish Premier League over Rangers' alleged use of dual contracts.

 

Should Rangers be found guilty of improperly registering employees for over a decade, the fear - as expressed by manager Ally McCoist - is that Rangers will be punished by having all trophies and cups won during that period stripped from them.

 

One might argue that such an outcome would not, indeed, be a punishment at all but merely the automatic result of having found to have cheated opponents during the period in question by fielding players they would not otherwise have been able to afford.

 

The real punishment would follow. Take, for example, the case of disgraced sprinter Ben Johnson. He set a new world record of 9.79 seconds in winning the 100m at the Seoul Olympics in 1988.

 

However, the urine sample supplied by the Canadian afterwards contained traces of the steroid stanozolol.

 

Johnson, whose coach, Charles Francis, admitted that the athlete had been using performance-enhancing drugs since 1981, was stripped of his gold medal.

 

That, though, was a consequence of having cheated: the penalty handed down to Johnson by the International Amateur Athletics Federation was a two-year ban from all competition.

 

Green, like McCoist, does not wish to be similarly inconvenienced for any wrong-doing on the behalf of his predecessors.

 

The SPL, for their part, wish to be able to deliver a sanction in keeping with the seriousness of the charges which have been brought and their lawyers, Harper McLeod, have already stated that there is a "prima facie" case for Rangers/Sevco to answer.

 

It is now 14 days since Sevco was allowed to join the Scottish Football League in the Third Division. The deadline for being granted the SFA membership which will allow them to play competitively this season expires at close of business on Friday.

 

Green, it might be argued, is merely doing what any chief executive would do in comparable circumstances: ie, negotiate the best deal for his company.

 

The problem for him is that the oldco whose membership he wishes to be transferred and whose history he is anxious to assume, have already been found guilty of many serious transgressions, from wilfully refusing to pay their taxes to leaving a trail of football debt across Europe.

 

On top of that, there are the verdicts pending in the dual registrations cases as well as the Top Tier Tax Tribunal's investigation of the alleged misuse of Employee Benefit Trusts.

 

These issues, while linked, are not interchangeable and there is no reason why the SPL would need to wait for the HMRC findings before announcing their own.

 

Given that, the only bargaining chip Green has at his disposal is the potential size of Rangers newco's support and their appeal to broadcasters. Even so, he will feel that he is right to take this particular Mexican stand-off right to the wire.

 

He will remember, after all, how Stewart Regan and Neil Doncaster, the chief executives of the SFA and SPL respectively, attempted to catapult Sevco Scotland Ltd into the First Division ahead of 20 other SFL clubs, only to have their scheme categorically rejected by the SFL members.

 

Consequently, it would be surprising if that embarrassing episode was not at the back of his mind during this Mexican stand-off. Green will see himself as Clint Eastwood to Regan and Doncaster's Eli Wallach and Lee Van Cleef as the rest of Scottish football waits to see who will blink first.

 

The reputation of the national game has been tarnished by the events of the last five months at Ibrox and by the response to them from those in power at Hampden. There has been little credit to share between the participants: not so much the good, the bad and the ugly as unforgiven.

 

Prevarication has been the order of the day for the two ruling bodies and that unwillingness (or inability) to take control of the situation has made bad worse.

 

It is unfair on Brechin City, a club which needs money almost as badly as Sevco and one which has spent a significant (for them) sum on printing and distributing tickets and match programmes and selling corporate hospitality for their Alba Cup tie against Sevco, which may yet be cancelled less than 48 hours before kick-off time.

 

It is unfair on Dundee, who have still to receive their SPL membership from the Soon-to-liquidated Rangers oldco and who may, as a result, have to postpone the beginning of their league campaign.

 

It is unfair on Kilmarnock, who are due to host Dundee on Aug 4, because any switch to a midweek fixture would mean a smaller crowd and reduced revenue.

 

It is also unfair on Ian Black and Craig Beattie, players Sevco hope to sign on lucrative contracts and on whose behalf a press conference will be called on Friday, assuming membership is granted.

 

Most of all, it is unfair on the supporters throughout the country who will wonder - but surely not for long - whether their club would have been dealt with in such a fawning fashion if they had found themselves in a similar bind.

So is close of business 5pm or midnight?

 

 

 

 

Read on Inverness Reds link that all references to huns fc have been removed from SFL website in the last hour, including the Ramsden Cup game v Brechin.

 

WTF is happening now?!

they are correct

 

3rd division has 10th spot empty

sfl saying their site is undergoing maintenance. 

sfl saying their site is undergoing maintenance.

 

I got on there less than 10mins ago so unless there has been a sudden surge I think there is potential treachery afoot

I hadn't looked at SFL site before tonight, were they previously listed in 3rd Division?

I hadn't looked at SFL site before tonight, were they previously listed in 3rd Division?

Who knows

I got on there less than 10mins ago so unless there has been a sudden surge I think there is potential treachery afoot

 

Definitely have been sudden surge with all the rumours!

... not ruling out potential treachery though!

Apparently deal on the table to show 15 live games from the 3rd Div in a package with 50 games from the SPL.

I find it a bit depressing that we'll still have these scum bags filling our tv screens but would be funny if, as I think the rules state, all this tv money for 3rd div games is split throughout the sfl with most going to the 1st div and very little finding it's way to the 3rd.

Still can't quite comprehend why there is a negotiation about whether they scum accept punishments for EBTs or not but at least we should have an answer one way or another by the end of today.........perhaps.

Rangers fans have been able to buy more tickets for Sunday's game against Brechin City despite a continued delay in the new club receiving Scottish Football Association membership.

 

Tickets for the Ramsdens Cup game at the Second Division outfit's Glebe Park encounter had sold out on Monday.

 

But the Ibrox club said some more became available

 

Given the history of dodgy cash deals and the very small capacity of Glebe Park (not forgetting that fact it may not go ahead) am I the only one who would be suspiscious about this?

 

Would appear the Brechin fans will end up being dumped into their small main stand while the hordes piss on the hedge and vandalise the cemetery end terrace and trinity road stand

 

Given the history of dodgy cash deals and the very small capacity of Glebe Park (not forgetting that fact it may not go ahead) am I the only one who would be suspiscious about this?

 

Would appear the Brechin fans will end up being dumped into their small main stand while the hordes piss on the hedge and vandalise the cemetery end terrace and trinity road stand

 

Ooooh a cemetery end I like the sound of that.

I see they have them down as being founded in 1873.

 

Weren't they founded in 2012?

 

http://www.scottishfootballleague.com/club/rangers-fc/

 

Never mind that what's all this club honours shite???? They have won NOTHING!!!!!!  :hammer:

I have let them know their errors so they can change it.       

 

I wish to point out a couple of errors on your website, to my Knowledge The Rangers FC were founded in 2012 and not 1873.

I also notice that there seems to be a mistake in honours section, the honours listed belong to a now deceased club.

 

Oldco still exists though. It hasn't been liquidated yet.

22 Hours till the season kicks off and nobody has any certainty who the leagues will consist of, when games will be played or what TV and sponsorship revenue they will get.

Ominshambles doesn't even come close to covering it.

well thats close of business NUMBER 1 gone and apparently they dont have membershio

 

Come midnight (fuck you Spier's its membership before the season or nothing far as I'm concerned) and id say the each 3rd division team gets 4 extra days holiday

Bunch of fucking knob-goblins fucking about STILL! >:D:hammer:

Apparently on the verge of a temporary licence what ever the fuck that is. Must be questionable if that is even legal according to the rule book.

 

@STVGrant: SFA will give Rangers dispensation to face Brechin if they agree to sign off on certain conditions. SPL talks continue. http://t.co/VW4OjmmB

 

@STVGrant: Sevco must legally agree SPL share move to Dundee & sign off on deal to accept signing ban & football debt repayment http://t.co/VW4OjmmB

 

@STVGrant: The conditions asked of Sevco Scotland to gain Rangers' membership all things already verbally agreed upon. SFA want them done now.

 

@STVGrant: Rangers can register players with SFA under temporary m'ship. Down to SFL whether they can play in their competitions. http://t.co/VW4OjmmB

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