Rangers FC to go into administration

[SHEEDY]

The Old Firm's rather amusing habit of getting papped out of Europe before the schools go back mean that the SPL has significantly less Champions League places than the EPL, hence only the top two go into the CL, and not the top 4. 

After the success of the documentary about Liverpool's victory in the 2005 Champions League called One Night in May, Everton decided to produce a similar tribute to their performance the following season. It was called Two Nights in August

now that joke definitly is later than a davy weir tackle.  did we dust off a 5year old joke book?

[LeoMc]

The Old Firm's rather amusing habit of getting papped out of Europe before the schools go back mean that the SPL has significantly less Champions League places than the EPL, hence only the top two go into the CL, and not the top 4. 

After the success of the documentary about Liverpool's victory in the 2005 Champions League called One Night in May, Everton decided to produce a similar tribute to their performance the following season. It was called Two Nights in August

now that joke definitly is later than a davy weir tackle.  did we dust off a 5year old joke book?

Or a 5 year olds?

[Main Street]

Some good news for the cash strapped SPL clubs owed money by RFC, is that football debts have a priority and will be paid first and foremost. That development should see Dundee utd and  Dunfermline get the money they're owed for ticket sales.

It may be premature to get too excited about the SPL investigation into illegal payments by RFC to their players since 1989, which if proven (according to the Scotsman), "the potential sanctions which could be imposed include stripping the club of the seven titles they have won since the SPL was formed in 1998."

The rotting carcass of RFC is now under attack from all sides, the tax authorities, the SPl and the police.

[Lecale2]

Some good news for the cash strapped SPL clubs owed money by RFC, is that football debts have a priority and will be paid first and foremost. That development should see Dundee utd and  Dunfermline get the money they're owed for ticket sales.

This only applies in England.

[LondonCamanachd]

Some good news for the cash strapped SPL clubs owed money by RFC, is that football debts have a priority and will be paid first and foremost. That development should see Dundee utd and  Dunfermline get the money they're owed for ticket sales.

This only applies in England.

Correct.

But post liquidation rangers may face a vote to get back into the SPL.  Paying off these debts might influence some SPL chairmen.

[Main Street]

Rangers are in administraton not liquidation, therefore the administrators can make  certain decisions as to the running of the club (huge rattling cough) as a going concern. As they are still a part of the EPL which the SFA administers, they are obliged to follow the rules  and is there not a rule which says that debts to other clubs must be cleared first?

from the daily record
http://www.dailyrecord.co.uk/football/spl/rangers/2012/03/06/spl-chief-neil-doncaster-insists-rangers-won-t-receive-any-special-treatment-in-probe-into-ibrox-crisis-86908-23776758/
The SPL Board was spared a disciplinary hearing on Rangers' conduct yesterday when the club's administrators paid Dunfermline in full for ticket money that had been withheld following last month's match at East End Park.
Doncaster said: "A disciplinary hearing was scheduled to take place immediately after our Financial Fair Play discussion.
"There were 18 different sanctions we could have imposed on Rangers if the ticket money hadn't been paid, ranging all the way from an official warning to expulsion from the league. There are clear rules about the payment of gate receipts to fellow clubs in the SPL."

[deiseach]

Even if Rangers could have avoided paying Dunfermline, it would have been folly to do so. Imagine trying to get their vote should Rangers 2012 Ltd (of whatever) have been in the position of having to reapply to the SPL having bilked Dunfermline for what is a lot of money to them

[Main Street]

Possibly under the rules they could have delayed the payments due, but not for long and certainly they could not have avoided those payments.

[LondonCamanachd]

Rangers are in administraton not liquidation, therefore the administrators can make  certain decisions as to the running of the club (huge rattling cough) as a going concern. As they are still a part of the EPL which the SFA administers, they are obliged to follow the rules  and is there not a rule which says that debts to other clubs must be cleared first?

That rule only applies to football governed by the English FA, AFAIK it's not a UEFA restriction, and it's not a scheme that's been adopted by any of the four governing bodies of Scottish football (yep, a nation of only 5 million people, has four national football associations).

I think the disciplinary hearing would've been for late payment i.e. reneging on a contract.  The "football first" priority of debt in England, I think, refers to CVAs.

rangers are under no obligation to pay off other clubs, I was just suggesting a reason why they might suddenly be keen to do so.

EDIT: TL;DR? Basically what the two posters above me have said...

[omagh_gael]

the exodus begins:

http://www.bbc.co.uk/sport/0/football/17221172

[Main Street]

Rangers are in administraton not liquidation, therefore the administrators can make  certain decisions as to the running of the club (huge rattling cough) as a going concern. As they are still a part of the EPL which the SFA administers, they are obliged to follow the rules  and is there not a rule which says that debts to other clubs must be cleared first?

That rule only applies to football governed by the English FA, AFAIK it's not a UEFA restriction, and it's not a scheme that's been adopted by any of the four governing bodies of Scottish football (yep, a nation of only 5 million people, has four national football associations).

I think the disciplinary hearing would've been for late payment i.e. reneging on a contract.  The "football first" priority of debt in England, I think, refers to CVAs.

rangers are under no obligation to pay off other clubs, I was just suggesting a reason why they might suddenly be keen to do so.

EDIT: TL;DR? Basically what the two posters above me have said...

Failure to pay would have meant they would have been subject to disciplinary action under the current rules by the SPL.
The disciplinary board was all set to meet to discuss the very matter but Rangers came to a last minute agreement with the 2 clubs in question.
That suggests to me that there is an obligation for Rangers to pay the debts and if they wanted to continue to be a part of the SPL, they had to pay.

Whereas a club can be tardy with their own players' wages
Doncaster said: "At the moment the SPL needs to wait until we have received a complaint from players who have gone unpaid. Late payment is not a breach of SPL rules as things stand but that could change.

All afaiaa,  of course.

[johnneycool]

the exodus begins:

http://www.bbc.co.uk/sport/0/football/17221172

Does that mean Rangers won't get a transfer fee for these lads?

[muppet]

the exodus begins:

http://www.bbc.co.uk/sport/0/football/17221172

Does that mean Rangers won't get a transfer fee for these lads?

Over here another name for Voluntary Redundancy is Voluntary Severance. If, as it sounds, the redundancy is a full and final settlement then there could be no fee.

[LondonCamanachd]

the exodus begins:

http://www.bbc.co.uk/sport/0/football/17221172

Does that mean Rangers won't get a transfer fee for these lads?

Over here another name for Voluntary Redundancy is Voluntary Severance. If, as it sounds, the redundancy is a full and final settlement then there could be no fee.

Redundancy is, as the Irish name suggest, a severance of links to the previous company.  rangers have no contract with these players anymore, and therefore no entitlement to a transfer fee.

The players are unemployed.

[johnneycool]

Would they then not be better paying these lads till the end of the season and then sell them?

That way they'd at least get some return on transfer fees, no?