Rangers go into Administration | Dossier passed to police

Discussion in 'Football Forum' started by Anna_Livia, Feb 13, 2012.

  1. Feb 13, 2012
    #41

    noodlehair "It's like..."

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    If Rangers really do go under (seems hard to believe that will happen), the worse case scenario, and not exactly that unrealistic, is that it spells the begining of the end for the Scottish League system being independent of England's...or at the very least Celtic and a few others abandoning it once the FA bow to pressure and give them the green light.

    You can imagine the mess there too. The FA assess which level a new club should enter the League system at based on their current playing level, facilities, financial structure, etc. You'd have to presume Celtic would be quite high up, and then they'd have to take someon'e place. It'd probably end up in the courts.
  2. Feb 13, 2012
    #42

    holyland red Full Member

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    I'm sure you don'e mean that. The game needs its big clubs, and they don't come much bigger than Liverpool.
  3. Feb 13, 2012
    #43

    Anna_Livia A jumped up pantry bhoy, who never knew his place.

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    Jim "Red Blue and" White looks sick as a dog on SSN. Poor Jim.
  4. Feb 13, 2012
    #44

    Randall Flagg Worst of the best

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    Cant see them going under, even with a 10 point deduction they still finish 2nd

    But where has the money gone? They spend very little on signings and from what I can tell their wage bill is not an insane amount.

    They get large crowds and sell lots of merchandise too.
  5. Feb 13, 2012
    #45

    McLovin Bites pillows thinking of John Terry

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    Does Gio now become a United supporter?

    Get in.
  6. Feb 13, 2012
    #46

    The Neviller Full Member

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    Nev smash!!
    Nonsense. Sky only pay the TV money to the Scottish League because they are guarenteed 4 Old Firm ties a season. Take those away, and where is the interest in the Scottish League? Who is going to pay millions of pounds a year to broadcast Celtc versus Falkirk or Dundee United? The clubs rely on each other, the only interest in that league is the Old Firm rivalry. Take one away and the other goes with it.
  7. Feb 13, 2012
    #47

    Red Dreams Full Member

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    IF the Scottish teams are allowed to join the English league, can you imagine some of the travelling some of those teams will have to do?

    I think eventually a return to the old North and South leagues if I remember correctly for the lowest two league may be the answer.

    The whole thing is mind boggling and sad as much as I dislike Rangers.
  8. Feb 13, 2012
    #48

    noodlehair "It's like..."

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    They've already run out of money to run the club with, and the taxman hasn't even asked for his £49m back yet.

    They're fecked. The only realistic way out is by rescue, and Rangers Football Club isn't a very attractive prospect. There's no promised golden land of the Premier League for any propspective owners to launder themselves some benefit from.
  9. Feb 13, 2012
    #49

    Cheesy Full Member

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    They did spend a lot of money. Back when they were winning 9 in a row and after that they spent a lot of money. It wasn't massive in comparison to some English clubs, but for the time then and for Scottish football, it was way too much.

    Even in recent times, they have still bought. Despite the fact they've been skint for years, they've still be going out and making some signings, with Jelavic being an example.
  10. Feb 13, 2012
    #50

    Guy Incognito Full Member

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    The majority of the income goes towards paying outstanding debts.

    Regarding their business plan, no one knows for sure, not even the Rangers fans.
  11. Feb 13, 2012
    #51

    Sojiro Formerly MST3K

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    I imagine some staff/board members are on a hefty wage packet too.
  12. Feb 13, 2012
    #52

    Anna_Livia A jumped up pantry bhoy, who never knew his place.

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    They don't own anything excepot the stadium. And for years they cheated on their accounts, balancing the books by valuing that at a ludicrous amount (something like £80m i think) when no-one in their right mind would pay that for a football stadium because, well what do you do with it other than play football in it?

    At least a decade of hubris and dishonesty is catching up with them here. The new guy in charge is a conman too. They're screwed. I'm loving it. Who worries about the hangover at the start of the party?
  13. Feb 13, 2012
    #53

    acnumber9 Full Member

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    Who celebrates their upcoming wake?
  14. Feb 13, 2012
    #54

    Pexbo Takes body parts and sells them on Amazon.

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    Rival fans that are gloating about this don't have two braincells to rub together.

    Personally, as much as I hate Liverpool (a rivalry that is equal on a football basis to the Celtic-Rangers rivalry but obviously does not contain the same religious sectarianism), I'd hate to see them going bust. Football is competition, it is rivalry.

    How would you lot feel about the Premier League with highlights for us against Bolton, Aston Villa or Fulham?

    The same thing is going to happen in the SPL. Celtic romp to victory each year and look forward to games against Motherwell, Hearts and Dundee. Imagine the Scottish FA then trying to sell the TV rights for that abroad?

    This could kill the SPL altogether.
  15. Feb 13, 2012
    #55

    The Neviller Full Member

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    They had a tax issue.

    Worrying thing is, i've heard from a Rangers supporting mate who seems in the know that the tax issue they have has massive implications for other clubs in Britain. By all accounts they were using some form of legal loophole to avoid paying as much tax, and also to have their payers paid in what amounts to an interest free loan, loopholes that other big clubs use. Rangers are the first to fall foul of it, and are seemingly being used as a test case. If the Inland Revenue succeeds with the case against Rangers then they are set to go after the other big clubs too. No idea who exactly it will effect, because i've no idea what other clubs use these loopholes, but it could hit football in England hard too.
  16. Feb 13, 2012
    #56

    Oggmonster Full Member

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    I don't think as United fans it can really compare because there is so much competition that if City were to go bust (example..obviously never happen now) then there is still rivals, Chelsea, Liverpool,Arsenal and Tottenham could all step up and there still is competition though it'd be a shame to see a big rival go bust because that's t he excitement of football, games like City vs United, United vs Liverpool etc. You're losing a great game of football.

    I can understand to an extent the giddyness of it all but it really does have potential to ruin the SPL, it's not a no mark team just disappearing. It's the biggest in the league (or 1 of 2.) I'm not suggesting it should be bailed out, they've fecked themselves over but if they don't get rescued by someone it will be awful for that league. Like has been said there's no attraction to an SPL club for the rich unless they're fans. I bet there's more money to be made with a midtable premiership club than there is one of the top two in the SPL.
  17. Feb 13, 2012
    #57

    The Neviller Full Member

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    Nev smash!!
    You're a self confessed Celtic fan, cheering the potential demise of Rangers, somehow ignorant of the fact that if they go, you go too. Scottish Football IS the Old Firm. Without it Scottish Football has nothing. Don't be so naive.

    And as for your "What do you do with a football stadium other than play in it?". It's property, it's land. You sell it to a developer who builds houses or apartments, or sticks a massive Tesco on it, like other clubs who have sold their ground have done. They don't still play football at Highbury do they?
  18. Feb 13, 2012
    #58

    Red Dreams Full Member

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    looking at the bigger picture, assuming this is true, do you really see the IR taking on the national game?

    My gut feel is the bigger clubs in England have some pretty darn good tax accountants who wont be putting their clients in trouble.
  19. Feb 13, 2012
    #59

    el eric Full Member

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    In fairness that amount of land in glasgow would only be worth a fraction of the value of highbury in London at the best of times and at the moment land isnt worth as much as it once was. Look at Valencia, building a new stadium on the strenght if the value of the old one only for it to all go tits up.
  20. Feb 13, 2012
    #60

    Cheesy Full Member

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    Obviously there's the idea that Scottish football will die without Rangers, because a lot of the money comes from the Old Firm games and Celtic will dominate each year, but I'm not so sure.

    Without Rangers, there will be a second spot available for whoever can get it. They may not qualify for the CL group stages, but even competing at all will help them to improve their finances. This probably involves the likes of Dundee United and Motherwell for anyone who's not so sure about who the most likely to come 2nd is.

    Then, you've got the lack of Old Firm revenue that will come into Celtic. Obviously, whatever happens, Celtic are going to be the biggest club, however if this scenario happens, it gives others a chance to possibly even things about a bit, and at least compete with Celtic for the title.
  21. Feb 13, 2012
    #61

    noodlehair "It's like..."

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    No, but what Arsenal gained through getting rid wouldn't have been enough to help Rangers.
  22. Feb 13, 2012
    #62

    golden_blunder Admin

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    interesting..any youngsters worth nicking?

    RIP full time Scottish football. Welcome to part-time leagues!
  23. Feb 13, 2012
    #63

    stubie Full Member

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    John Fleck?

    If they go bump I think Celtic will have to leave Scottish Football.
  24. Feb 13, 2012
    #64

    Red Dreams Full Member

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    it will take an awful long time for any other club to take on Celtic. Celtic will be grabbing the best talent available.

    If Celtic survive what happens to Rangers, they will become very stroong in the years to come.
  25. Feb 13, 2012
    #65

    The Neviller Full Member

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    I answered a question asking what do you do with a football ground other than play football on it. My answer was sell it. I didn't say how much it would be worth or whether it would help Rangers, I just answered the question. There are other things you can do with a football ground other than play football on it. Knocking it down and selling it being one.
  26. Feb 13, 2012
    #66

    Cheesy Full Member

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    Nope, Fleck was overhyped as a youngster and hasn't delivered. Mince.
  27. Feb 13, 2012
    #67

    Team Brian GB Baby Cameron loves X-Factor

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    They are the biggest jobsworths going.
  28. Feb 13, 2012
    #68

    The Neviller Full Member

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    I don't dispute that. As i've said, that post was in response to a question asking what can you do with a football ground other than play football on it. The answer is sell it. I've no idea what it is worth as retail land, or development property.
  29. Feb 13, 2012
    #69

    golden_blunder Admin

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    sign of the times. these things may have been overlooked in the past, but in the current climate the government is going to squeeze every penny they can get out of everyone..including football clubs
  30. Feb 13, 2012
    #70

    davisjw Full Member

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    Funny how all the world's financial problems are seeing the domino affect and all of them are based on the same simple mistake: Borrowing more than you can afford. Then borrowing more to compensate for the first lend.

    Piss poor management. Celtic and the SPL would not survive without Rangers.

    All part of the plan to force the EPL to accept them?!
  31. Feb 13, 2012
    #71

    golden_blunder Admin

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    If the likes of Rangers cant substain themselves in Scottish football, I wonder how many of the likes of Hearts, Hibs, Aberdeen etc will survive?
  32. Feb 13, 2012
    #72

    Team Brian GB Baby Cameron loves X-Factor

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    You were right in what you said, what is more the land beneath Ibrox is probably worth more than that of any significant football ground in the country outside of London as Glasgow these days is a wealthy city.

    The Scottish FA would give them Hampden Park on an ultra cheap lease if that is what it took for them to survive.
  33. Feb 13, 2012
    #73

    lem8sh Full Member

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    My heart bleeds
  34. Feb 13, 2012
    #74

    green demon Caf Nostradamous 2008

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    I could imagine that if Rangers do go completely tits up then there will be moves to create a Celtic League amalgamting the top divisions of Scotland with the two Irish leagues and maybe even the top Welsh teams (outside of the English system that is) like they do in rugby.
  35. Feb 13, 2012
    #75

    davisjw Full Member

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    Disagree immensely on the Celtic point. Celtic may remain the strongest in the SPL and the divide between them and the rest will increase, but on the global stage they would become extremely weakened.

    Celtic depends on Rangers and the revenue the two create for one another. Without Rangers, Celtic just would not have the same amount of money which means it cannot bring in top quality players. No one is going to play in bloody Scotland without big wages.

    The only way the Scottish league will ever balance out is if Celtic followed Rangers into administration and the league had to reset itself.

    Scotland won't let any of that happen though.
  36. Feb 13, 2012
    #76

    Cheesy Full Member

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    Hearts are in massive trouble at the moment. They haven't been mentioned as much because they're not as big as Rangers, but they're threatened with liquidation as well.

    The others aren't doing too bad financially at the moment. Hibs are pretty stable with the money they got when selling players like Scott Brown for a lot of money. Aberdeen aren't in trouble either as far as I know.
  37. Feb 13, 2012
    #77

    Red Dreams Full Member

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    EPL?

    The Old Firm would barely make it into the Championship if that.
  38. Feb 13, 2012
    #78

    lem8sh Full Member

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    I think they would really struggle to get promoted from the Championship for quite a few years.
  39. Feb 13, 2012
    #79

    Red Dreams Full Member

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    never been a big fan of Scottish footbal, though I used to look for Celtic's results.

    But if this is the tip of the iceberg, its bloody sad. Is not their league older than ours even?
  40. Feb 13, 2012
    #80

    Man Utd Mrs We all love our MUM

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    Wow, didn't see that coming !

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