chris661
Money List Winner
Who are this Airdrie you talk of, they disappeared 10 years after Murray called the administrators in on them.
Was that not for thirty grand?
Who are this Airdrie you talk of, they disappeared 10 years after Murray called the administrators in on them.
Was that not for thirty grand?
I've read the main jist of this thread and the likely outcome for Rangers.
I will just give a comparison as to what happened to our local 'non-league, semi-professional team'. Nuneaton Borough as was lived beyond their means, a local businessman was seen as the saviour - of course he wanted to look at the books etc and to cut a long story short there was no way he was going to take on the debts and the only option left was liquidation - familiar I think.
He then bought the remaining assets which I believe is what has happened/is happening at Rangers. The club was told by the local FA that they could reform at a level 2 divisions below where they were and not allowed to use Borough in the new name (from being in Conference North to Southern League Midland division). Consequently this was the outcome and the club that should have been relegated from Conference North was reprieved - now I don't see that as being much different to Rangers Newco being allowed into Division 3.
A lot of the players showed loyalty to the club and remained with them under revised contracts and now after 3 promotions in 4 years as Nuneaton Town they are in Conference Premier. For the fans there was the pain of visiting some places that were not much more than council pitches with a barrier but having a club to support was the most important thing. I have no allegiance at all in this but to say a club should disappear completely I find vindictive.
Celtic will not suffer the most, Celtic can take a hit of a few million a season easily, St Mirren with a turnover of £3.5m is a different story not to mention clubs with debt.
At this moment Green is paying the wages of players, Naysmith is on £15k a WEEK, many don't earn that a YEAR.
With the fans of newco not buying season tickets he has no obvious cash coming in.
I think we are starting to look at Admin Two.
He hasn't payed any of them yet, today is a crucial day in The Rangers future. Players turning up today technically are deemed to transfer to newco and will expect payment, players not turning up will be viewed as not willing to transfer and not eligible for salary.
Interesting day today, it's like Eastenders :rofl:
Celtic will not suffer the most, Celtic can take a hit of a few million a season easily, St Mirren with a turnover of £3.5m is a different story not to mention clubs with debt.
I heard that the were going to re-instate the Glasgow Cup with the final being played over five legs!!
Was that not for thirty grand?
At most! Do you think the fans of the team previously known as Clydebank want The Rangers in the SFL after what they were put through?
A quick google reveals Airdrie went bust with debts of over £3 million; some of it to Rangers, yes.
For those that don't know, when Airdrie United restarted as a newco they bought out Clydebank FC and transferred the registration into their name; reviving their club but killing Clydebank.
Are you seriously saying the villains in that tale were Rangers?
I heard that it was a Rangers fan that started the great fire of London!
I was also told that the iceberg that sank the Titanic had a Rangers crest on it!
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It is a shame that the clubs who tried to reach the SPL's 10,000 all seater stadium targets seem to have been hamstrung with the debt.
Airdrie, Livingstone and Falkirk. They were all doing OK with thier old stadiums but now due to the financial problems the fan base has more or less drifted away.
What Elvis is doing at Falkirk is fabulous, that is what I would watch in the brave new world.
A quick google reveals Airdrie went bust with debts of over £3 million; some of it to Rangers, yes.
For those that don't know, when Airdrie United restarted as a newco they bought out Clydebank FC and transferred the registration into their name; reviving their club but killing Clydebank.
Are you seriously saying the villains in that tale were Rangers?
EDIT: Closer reading shows that SDM got an interdict to arrest some of Airdrie's cash for a debt owed to one of his other​ companies. So even more tenuous to blame Rangers.
Don't think anyone was blaming rangers but Murray. According to him it was just business that he got the windog up order issued.
A quick google reveals Airdrie went bust with debts of over £3 million; some of it to Rangers, yes.
For those that don't know, when Airdrie United restarted as a newco they bought out Clydebank FC and transferred the registration into their name; reviving their club but killing Clydebank.
Are you seriously saying the villains in that tale were Rangers?
EDIT: Closer reading shows that SDM got an interdict to arrest some of Airdrie's cash for a debt owed to one of his other​ companies. So even more tenuous to blame Rangers.
Don't think anyone was blaming rangers but Murray. According to him it was just business that he got the windog up order issued.