At Leeds United, we’re no strangers to the unwelcome feeling and experience of your club in crisis. We’ve seen our beloved Whites pushed to the brink of actual expiry and ejection from the league; we’ve seen administration and League sanctions. Spectacular collapse and the plummet from the heights of the game to the depths of despair was a process raised almost to a perverse art form by United – to the point that it became known as “doing a Leeds”. So we know what crisis, despair and poverty are all about – the only thing that can really surprise a Whites fan these days is to see a club in straits even more dire.
Which brings me on to Glasgow Rangers FC. There is no need for me to re-hash here exactly what has happened to them over the past few years. In short, it was a precipitous fall, and an unprecedented reduction in status. From being permanent members of a top two cartel, Rangers were sent spinning into the gloom and obscurity of Scotland’s lowest major league. The journey back is well under way, but problems beset them still. On Sunday, for the first time since their fall from grace, Rangers face Celtic in the Scottish League Cup semi-final at Hampden Park. The Old Firm rivalry is back, right? Well, not according to the hardly unbiased fans of Celtic FC. Take a moment to look at the rationale espoused by a group of their fans in an advert placed recently.
Celtic fans – are they kidding?
Now, surely – these Celtic fans cannot be serious? It’s a wind-up, right? Are they quite barking mad, these loose-lipped Bhoys? What are they worried or insecure about, that they should resort to this? The whole “argument” stated above smacks of trying too hard, a mean-spirited attempt to cast back down a club trying to recover from an almost terminal decline. Whatever the rights and wrongs of Rangers’ fall – and without declaring any particular affiliation on either side of the Old Firm divide – this blog has to state in the strongest possible terms that what we have here is a bunch of partisan yet clueless fans talking fluent rubbish.
Whatever arguments you might summon, whatever contortions you might go through, leaning over backwards to show that black is white – surely the one thing any set of football fans must agree on is the major factor in any football club’s identity. It is the fans, it has to be. The fans embody the tradition and continuity of any club. Football shirts might change colour, as with Cardiff. Ground moves are commonplace these days and have never been unknown. Players, directors, managers and staff come and go, without necessarily having any real connection to the clubs they serve for a time.
So what is the one thread that runs right through a club’s very soul and being? It is the fans, the loyal supporters who follow, follow, through thick and thin, passing on the supporting tradition down the generations, wedded to their club in good times and bad. And it is those Rangers fans, the ones who have stuck by the Rangers FC as they sank to the depths and rose again – they embody Glasgow Rangers and in so doing, they give unquestionable continuity to the institution that is Glasgow Rangers FC. They also make a total mockery of this laughable stance from a set of fans who feel just as passionately about their club – and who have thus allowed themselves to go out on a limb, in trying to kick a club when it’s down, succeeding only in making arrant fools of themselves.
I wouldn’t particularly care, normally, who wins on Sunday at Hampden. I miss the Old Firm games for their passion and spectacle, it’s for those reasons that I always tune in to watch and would one day like to attend one of these occasions. The tradition of atmospheric support from both sets of fans, with tempers frequently running high on the park and referees praying for the final whistle to come with as little as possible actual violence – that’s so much of what football should be about. These are factors which are gradually being marginalised in the modern game as a whole, with increasing gentrification everywhere and a diminution of the raucous passion we of a certain age remember. But all of that is still present at certain fixtures – Leeds against Man U is one, Newcastle versus Sunderland bears a mention – there is el Clásico, of course. But the grand-daddy of them all is the Old Firm game – even if a lot of the cause and reason behind this fact isn’t of a particularly savoury or relevant nature.
So where do these Celtic fans get off, trying to defuse, deflate, diminish all of this? Don’t they realise how much the game north of the border needs its return, and in full rude health at that? For goodness’ sake, Celtic need it. Surely, these pompous, paragraph-quoting fools are kidding. If they’re not, then they deserve the ridicule that should be coming their way. And, for the record, against my normal neutral Old Firm stance – I would say to them “If you really do mean this – then you’re idiots; and I hope you get stuffed out of sight on Sunday”.
Life, Leeds United, the Universe & Everything 
An old man moved into my Granda’s house after he died. He kept the same curtains up, kept all the furniture and wore all my Granda’s clothes. He even kept the garden the same and kept my Granda’s name plate on the door. But never once did I chap that door and say hello Granda….. I couldn’t kid myself.
Sounds kinda familiar its pretty simple liquidation happened in 2012
they are dead stone dead and its nothing but a tribute act courting the colors, there house even there so called support … the new act are masquerading as the same act to simply appease the hoards …
We as Celtic supporters are not getting off we are stating the facts as they are… FACT.
it was sad to see it go but ultimately they could not sustain the model they operated in for the best part of 25 years which caused there own downfall.
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But you call it your Granda’s house, NOT the old man’s new house…. What are you lot worried about, exactly? You’ll win on Sunday, won’t you?
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I KNOW a lot of things and trust me Rangers are the same club.
It’s been confirmed by everyone that matters.
Best just leave the mentals to bang their heads against the wall telling themselves over and over there’s no Rangers (while squabbling and ripping each other off over tickets to see us at Hampden tomorrow)
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Consider yourselves lucky, the Glasgow club were consigned to liquidation, that is a terminal condition well beyond administration. Don’t be taken in by the limp claims of club being separate from company. That simply in a legal sense is total nonsense, all football “clubs” are businesses and when incorporated, cannot be deemed a separate entity. Therefore, when consigned to liquidation ( check the definition ), it is final. Leeds are a proud club, with a long and glorious history that sadly experienced administration, do not put your credibility at risk by suggesting that a certain Glasgow club survived liquidation.
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Buthey did, they’re there, and they’re facing you on Sunday, backed by all the fans that will have been there for the last Old Firm game before all this happened. Are you lot in denial??
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Rob you keep using this word denial, but you have just penned an entire article which rests entirely on your rejection of facts. Whether not you or I consider Rangers to be a new club, the fact is they are.
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What I reject is the spurious legal/financial basis to the position struck by the advert. It’s a departure from the basic premise of fan support and club rivalry. Leave that to the suits in the boardroom and the fat-cat money men. We’re FANS, for fuck’s sake. Where would we be without our rivals and the history of that rivalry? I can’t believe so many are blindly backing up this crap.
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Hi Rob, obviously not as much as the fans of the now deceased club, or you for that matter of fact. Do you know that the present entity bought the history of the deceased club, bought it ?, if they were a continuation of the original club, why did they have to buy the history ? I deal in fact and actuality, a trait developed during my career in engineering, fairy tales and dreams are stuff out of Hollywood, and now it seems Ibrox and dare I say it, Leeds.
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You’re full of crap, Rangers Football Club were sold by the Administrators, who exercised their power, under the Insolvency Act to see ALL or ANY PART of the business, that they deemed fit. There is no restriction in the ACT that prevented them doing what they did, None, at all.
THAT’S THE LEGAL FACTS, so spare us your drivel.
LORD NIMMO SMITH and CHARLES FLINT QC (from the Tribunal Report)
“On the 14th of June 2012 a newly incorporated company, Sevco Scotland Ltd., purchased substantially all the business and assets of Oldco, INCLUDING RANGERS FC”
“a Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to anotherowner and operator.”
“In legal terms, it appears to us to be no different from any other undertaking which is capable of being carried on, bought and sold.”
THAT’S THE LEGAL FACTS.
Law Lord’s look at the Insolvency Act before deciding issues, on an insolvent business. They don’t listen to half-wits, banging their gums, on celtic blogs.
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You are an imbecile with limited knowledge of what the Celtic supporters statement really means.
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And you’re the victim of a hormonal tantrum. Care to explain it, then?
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Harmonal tantrum? whatever. Why should I have to explain it to you, you are the one that has written a very poor article without fully researching the reasons why the supporters decided to release this statement, not very professional in my opinion.
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Nicely backed out of – not.
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You’re the imbecile. Of course, you too stupid to know that.
You know better than Law Lords what’s legal don’t you?
It’s the Law Lords that don’t know insolvency Law, according to you, isn’t it?
These statements are all wrong, according to you,aren’t they?
LORD NIMMO SMITH and CHARLES FLINT QC (from the Tribunal Report)
“On the 14th of June 2012 a newly incorporated company, Sevco Scotland Ltd., purchased substantially all the business and assets of Oldco, INCLUDING RANGERS FC”
“a Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to anotherowner and operator.”
“In legal terms, it appears to us to be no different from any other undertaking which is capable of being carried on, bought and sold.”
*****NEWSFLASH*****
YOU’RE THE IMBECILE. NO-ONE ELSE. JUST YOU (and your dopey tim pals, of course)
Ask your father, if you don’t believe me.
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The advert/statement you have posted is the wrong one. Not entirely your fault as the many media outlets have posted this same draft which was actually meant as a dummy! Please search social media or give me your Twitter handle and I will tweet you the article that was published in The Sunday Herald.
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@RobofLeeds – I await enlightenment
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Sent!
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Could you oblige me further by explaining exactly how that differs, substantially, from the article I posted in my piece?
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Supposed dead Rangers but Celtic fans’ obsession with us lives on. :>)
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Not the sharpest tool in the shed are you Rob. (That’s a rhetorical question – http://bit.ly/1s7Nsnx)
95% of clubs agree with the statement in last Sunday’s Herald.
If Rangers are the same club – let them pay back the £250 MILLION that they stiffed YOU and ME for.
Will the face-painter ever get their £197.63 that he is owed?
What about the NHS? Yeah, stiffed them too.
So if they are the same Rangers – Pay up.
The have no interest paying up – reasons?
They are a new club.
Go to FIFA.com – Go to the Rangers Page – click on it to see all the info about the club – you can’t because they haven’t got 3 years audited accounts.
Celtic Fans know –
95% of Scottish football know
FIFA know
UEFA know
Now YOU KNOW.
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You’re just recycling the same corporate bollocks that this ridiculous ad relied upon. And I can see you’re upset, by the fact that you’re resorting to childish insults. It’s about the fans and the history – end of.
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Their history has been disgraced, and their fans, well they already did a great job of that themselves anyway. Neither things you would expect anybody to cling onto.
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More proper fan bollocks. Keep it going…
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History and fans???? In a fair world Rangers would have had the league titles they won during the time they cheated. That would have been fair. The precedents in sport are ther Check out Melbourne Storm and the titles that were removed due to their salary frauds. Their
history is tainted
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History Steve ? If its historical titles you’re talking about you’ll be quite happy to lose all Celtics titles, cups and games due to the child abuse and cover up at Celtic Park during the Torbett years as well then. Now that is what I call a disgraceful history that has gone unpunished. Celtic (or should that be Pacific Shelf since they too changed their holding company when they were in administration) are a truly disgusting club.
Precedents Steve ? Check out Penn State USA and the punishment their governing body gave them for child abuse.
Tainted History Steve ?
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£250million my arse! Rangers debt had been £32million, had reduced to £18million and would have continued reducing dramatically if the rug had not been pulled by Lloyds on David Murray and his companies who were shit scared of the so called ‘Big Tax Case’ that, whether timmy likes it or not, Rangers won!! In then stepped Craig Whyte who, having bought rhe club for £1.00 appears to have defrauded Ticketus in obtaining the money to pay of the £18m to Lloyds – so at that point Rangers were largely debt free – it was further fraudulent behaviour by Whyte in not paying NI and PAYE receipts that plunged the club first into administration and ultimately liquidation so, simply put, Rangers were the victim of a massive fraud by Whyte and quite probably others too and a number of people including Whyte are currently on police bail whilst the OB carry on with their extensive investigation!
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I’ve said my piece now, both in the article and in reply to comments. I’ll leave you lot to quibble over the legalities – just don’t forget, it’s all about fans, glory, grief, history and tradition. Or at least it used to be and I strongly believe that should always remain the bedrock of the game.
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Bored of the tax case chat but I had to comment.
Rangers did NOT win the tax case. It wasn’t a football match. The score wasn’t 62-38. Rangers lost 38% of the EBT cases a well as admitting, before court, to evasion. So that 38% should be higher.
Someone up for ten murders, found guilty of only four doesn’t walk away innocent because they ‘won’.
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Here we have another senario from a Ranger (IL) fan.
Was it Whyte who didn’t pay PAYE, NI contributions, or was it Rangers.
Again you try and absolve Rangers of all blame.
Is it then another club because David Somers operated the club to the extent that HMRC had a winding up order processed in the last month.
I make that more than 1 club
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The standard for continuation is repayment of debts? What about the debt written off by hearts in the summer during their insolvency?
Charles Green and his Consortium purchased Rangers for circa 6m. It’s not unprecedented. Ken Bates did the exact same thing in 2007 with Leeds. The oldco was liquidated and the newco docked 15pts while the FA membership transfered and llayers TUPEd.
Coventry did the same process at the beginning of this season. The whole thing happened in a matter of days, FA membership transferred to newco and barely a peep was mentioned.
So why are Rangers different to the dozens of clubs in the UK alone? Well they have dominated Scottish Football with 54 chamionship titles and Celtic simply can’t bear it. They’d fo anything to erase that, inc pay 3 thousand quid for a laughing stock of newspaper ad.
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£250m.
Where did you pull that one from you mad bheast?
Craig Whyte withheld £10m in PAYE and NI.
We won the big tax case. We know that still pains you to this day.
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It’s went from £24million to £250million, next year it will be £500million…….Habitual liars and fantasists.
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il keep it short and sweet
they are a deluded bunch, despite numerous SFA,SPFL,UEFA press releases and their failure to grasp the basic concept of business asset management, they come up with some really embarrassingly creative ways to make people cringe at them, even their own. i have some celtic fan acquaintances who are actually incredibly embarrassed after the advert taken out, but i have a theory, i think its because they constantly play second fiddle to a team in the scottish championship, when you read our national newspapers, more often than not there is rangers plastered all over the back pages for good & bad, celtic are only really in the papers close to match time, people could argue that its because of rangers struggles in recent years and although this is A reason it is not THE only reason, me thinks they thought celtic would take over the medias minds when it hasn’t because it was, always has been and always will be about the RANGERS, even when they got kicked out of the champions league qualifiers twice in 1 season ( this season ) people only really talked about it for 1/2 days then all the focus was back on rangers playing falkirk at the weekend,
your article was a good read, plenty of food for thought mate
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Follow follow bollocks! Rangers cheatedby breaking rules for years and stole money that belonged to schools, businesses and hospitals to pay players ridiculous sums of money they could not afford to win trophies and force other Scottish clubs into financial trouble trying to keep up. They robbed the state and and Scottish football and the state killed them. A new team called Sevco, now THE Rangers took their place and yes they do have the same fans but they are not the same club. It won’t matter soon anyway, they’re going the same way as the last club the fans supported. Ask a Scottish football fan abt rangers, it’s not just Celtic fans who have no sympathy for the team or the fans because they almost destroyed Scottish football.
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Is any of this the fans’ fault? A Leeds fan should know better than to go with all of the money arguments. It’s about the fans the passion and the history.
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Another ill informed load of tosh . Several star players and staff at the club with 3 companies running it are under investigation of tax evasion .
Also why will no celtic fan admit that BJK
Child Abuse is far worse than any legal tax avoidance scheme
just ask Alan Brazil
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What’s winning got do with it. The old club died. FACT.
SPFL … declined to comment to a CNN reporter
Eoghan Macguire @EoghanMacguire · 6h 6 hours ago
SPFL declined to respond when I asked if #Rangers r same club by law. Conspiracy theorists, make of that what u will http://cnn.it/1ETsHlh
They only exist in their fantasy world of make believe.
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law, statute law or company law – that’s all irrelevant. Do you want to reduce support and rivalry to prosaic legality?? Apparently you do – because it suits your book. Rangers live on, their fans still have their club to support. Suck it up.
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Oh dear,I can feel the Hurt! it,s not Celtics fault,that their old disgraced tax dodging rivals went to the wall,the above statement is in fact, FACT! anyone who disputes this is indeed IDIOTS! and as for the childish ‘hope you get stuffed remark’ the club you are trying to bring back to life along with your own club, Have been well and truly STUFFED!
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The spite always emerges when you really get under someone’s pallid, soft skin. Pathetic.
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‘Tax dodging’ that the court accepted was legal?!! LOL timmy lies and half-truths as ever!!
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SPFL declined to comment when pressed by CNN reporter if they were the same by law.
http://cnn.it/1ETsHlh
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Law, money, money, law. All bollocks. Fans, history, tradition – they’re what matters.
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Rob! They cheated Scottish football and the fans of all clubs out of millions of pounds. Celtic fans are not worried about playing a club from Ibrox what we are concerned about is the lies being told by our games governing bodies/press. You can’t have a league with its foundation built on lies and deception or what’s the point in competing at all?
A dangerous precedent is being set. There is nothing to stop any club from wracking up debts, either legally or illegally that they can never afford to pay back. All they have to do is liquidate and start again as the same club. This is not about Rangers Fans but the integrity of our sport.
All the best to Leeds Hail Hail!
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Money, money, money. What about the fans?? It makes me sick.
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Do the fans of other clubs not count?
Rangers fans are victims in this as well but at least they benefitted from years of cheating. I sincerely hope they get their club back but this time on solid foundations not one propped up by deception.
Deception that can no longer be tolerated or we may as well rebrand ourselves in line with the WWE.
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Fans of other clubs – how are they affected by the way? Shouldn’t they declare an interest before condemning a global institution as non-existent? I’ve never heard such crap. You lot are running scared, THAT’S how it looks.
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a quick google search would verify rangers actually won the EBT and the big tax case, and as for the club getting liquidated, you can’t liquidate an asset of a company, rangers were an asset of a company that was liquidated, hence the reason the club still lives on because zed asset was sold,as stated above the failure to grasp BASIC business asset management is truly unbelievable
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The fans weren’t complaining when they were spending money they didn’t have or winning trophies they couldn’t afford and have offered no contrition since. Alex Rae Dead Rangers player… “We can now say 140 years of history have come to an end”
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And that clinches it, does it? I’d rather listen to the thousands of fans still following their club. It shocks me to see a Leeds fan coming out with rubbish like this – a bit too close to home.
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Poor deluded twisted orclets .. your club died, get over it. You cry like babies everytime someone mentions it … Remember Livingston … your bullying thugs bleated long and hard … Zombies enraged over name calling … glorious.
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At least there’s some proper fan passion and rhetoric there, even if it IS bollocks. Thank you for not pushing the irrelevant financial/legal crap.
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All you keep rattling on about is history Rangers (1872) are history forever.
The club died with the debts.
This new club we play on Sunday have no history with us.
They qualified for Europe season ending 11/12 why did they not play in Europe the following season rob (They being Rangers )
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Crap. Next.
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Nothing bollix about mate. They died on the liquidator’s slab with the body parts being sold to the highest bidder, Least the guts made more than Whyte;s pound.for the whole thing ..
CNN, now the BBC … everyone with a functioning brain knows they were ‘liquidated’ whilst incorporated.
The fans can follow follow whatever they want, they can pretend but the rest of us will laugh and point at your delusion.
Celtic 8 Sevco 0 … enjoy.
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Yeah, I can just see you laughing. I’ve rarely met such a deluded bunch.
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BBC news at 6 tonight reporting truth for once. ‘Rangers were liquidated, and reformed as a new club in the bottom tier’
They’re finally getting it … enjoys the psih ripping on Sunday if you stay to watch it … reckon they’ll be filing out by half time. They even had trouble selling their tickets … Celtic were offered more.
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New club, same tradition, same fans, same history behind the name. Like it, or lump it.
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Recent history bought with non disclosed side letters and Ilegal EBT’s.
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Answer the question rob ?
If Rangers qualified for Europe season 11/12
Why didn’t they play the following season in Europe ?
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I’m sure either SFA or UEFA made some ruling. Does that make your case for you? Does it even make it right? Don’t get me started on football ruling bodies.
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New club, same moron following (see spivs coining it in for proof), same traditions (See McCoist fleecing the club) and the history bought .. not won.
You must be proud … “set brogues to staunch swagger”.
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If Greece default will they be called some other country ? NO, therefore don’t be ludicrous Pacific shelf
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Rob this is very simple. Celtic fans cannot accept that Rangers have more trophies than them. They know for a fact that they would never overtake our world record haul fairly on the pitch. For years they claimed the reason was they were cheated by corrupt officials in Scotland. Now they claim the club doesn’t exist. Waste no more of your time trying to reason with them as I promise you this, you are wasting your time. Prove it beyond all doubt and they will deny it as they are utterly consumed with Rangers. Their life is dominated by a rival club, a genuine obsession. Thanks for your balanced view, I would recommend you look no further into the antics of Scotland second club, it will give you nightmares.
Sadly for Celtic supporters they have to accept they are unique in other ways. And make no mistake they do stand alone in many respects.
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The reason you went bust was David Murray chasing European glory on borrowed money & flawed tax schemes. Oh that’s right, how many Eurpean Cups have you won?
You can keep your titles nobody wants them. Just for once show some humility and hold your hands up to the truth. It shouldn’t be that difficult or do you want to continue to watch a lie forever more. We should all want a fair league free from corruption/charlatans. God knows your club has has its fill of the later for long enough. We may be your enemy on the pitch but for the good of our game off it we should share a common goal.
Genuinely good luck for Sunday 54 tiles I hope your New Club gives us a decent game.
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Fairly ? Thats ironic
The financial doping your dead club used to obtain numerous titles is hardly playing fair.
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Was rangers, is rangers always be rangers. watp
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Fans of other clubs – how are they affected by the way? Shouldn’t they declare an interest before condemning a global institution as non-existent? I’ve never heard such crap. You lot are running scared, THAT’S how it looks.
###########################
Fans of other clubs paid years of season ticket money in good faith, yet what they were watching was a rigged game. Clubs lost fortunes in European TV income with Hearts probably the biggest loser incl Celtic. This income may have protected that club from Administration. Continuing the lie of Same Club is simply not an option for fans of all clubs & I include Rangers fans in this. As nobody wants to continue watch a lie.
Adios Amigo & good luck to Leeds!
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ceptic admitted they used ebts aswell or is your memory selective (juninho)
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You’re a moron …. the Juhinho EBT has been discredited .. what rock are you living under?
He brought the EBT request to the club.
Celtic immediately queried it with the taxman, disclosed all relevant documents and paid the tax.
Our club didn’t issue side letters, shred documents and try to pretend it wasn’t going on. The EBT’s only came to light when your club was being investigated by the police for something else.
Do you see the difference …
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Selective memory, think it’s you who is suffering – Celtic declared Juninho’s ebt as didn’t think it was kosher and paid the tax, check the facts you fool, no side letters, no dual contracts, no cheating – how many ebts did ra gers have on the go?
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Don’t lump Leeds in with Sevco. Leeds are Leeds. just because both teams have financial problems that’s that’s where similarity ends. David Murray the rangers knight who landed them in this position effectively liquidated Airdrie a proud Scottish football club over an insignificant debt and and what was the call from rangers fans then? … You should have paid your bills!
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Celtic admitted they used 1 ebt which differed from the rangers ones because they declared it to sfa and hector and paid the tax due on it. If Rangers had paid the tax due even after losing lieing they’d still be rangers not Sevco/THE Rangers
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If Greece default they’ll be made to pay money bk or at least some of it. thats why they are still called Greece. That’s what has hamstrung Leeds if all debt could just be written off there wouldn’t have been all this misery
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“The balance sheet turned out to be negative – insolvent. Other liabilities – even a big tax claim for Paul Elliot – had to be met. It would’ve cost less, and left the previous owners with nothing, to go into liquidation. But it would also be humiliating for Celtic. So we paid all the bills”.
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Aye Celtic are still Celtic, Leeds are still Leeds but Sevco aren’t Rangers!
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Declared it after the rangers ones came out, we have kept our history and in 3 or 4 seasons we will be adding title number 55 in the top league. are youse called celtic or celtic athletic or pacific shelf ????? If we arent rangers then why are people like you on every forum trying to persuade everyone were not, scared that we will be back and youse will slip back to being the 2nd best team in glasgow. Nice to see your attendances have dropped and I guarantee you will have full houses again once we are back
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Because your not. Your Charlie Green’s pay cheque. The Celts will beat you and enjoy it because it’s always nice to beat zombies
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I don’t remember Celtic owing millions, having a cva rejected and consequently being liquidated…
Yeah that definitely didn’t happen, Celtic paid their debts along with other Scottish clubs who are living within their means…
Rangers are in liquidation, they died in 2012, please rest in peace and leave Scottish football alone – you’ve done enough damage, we don’t need you, your establishments sense of entitlement, or your cheating ways, show a bit of humility rather than blaming everyone else. The same ethos is prevailing in this media driven lie of a Phoenix club. I know fans of the ibrox club who have class and dignity and are ashamed at what has went on, it’s not their fault but they don’t blame anyone else for the internal debacle that seems to rattle on and on… if I was them I’d start again with a new Rangers – to me that would be more like keeping the spirit of the same club alive
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Gallus Pioneer
Rangers blogger then, Rangers blogger now, Rangers blogger forever
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HOMEABOUT
CELTIC NEWCO – THE PROOF
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HIGHLIGHTS
– The Celtic newco set up in 2001 is the main trading company. It receives all the income and pays all the players and costs.
– But remarkably, the Celtic company from 1897 owns the stadium and owns the players, in other words the players are owned by one company (1897) and paid by another company (2001).
– The 1897 company does not receive the matchday income, or the media, UEFA, merchandise or any other income.
– The 1994 newco describes its activity as “football club management” and may therefore be involved with the football club licence, but otherwise is not the main trading company.
BACKGROUND TO THE 3 COMPANIES
Original 1897
Celtic plc – company number SC003487, incorporated in 1897, formerly called The Celtic Football and Athletic Company Limited
Newco 1994
The Celtic Football and Athletic Company Limited – company number SC153534, incorporated in 1994, formerly called Pacific Shelf 595 Limited
Newco 2001
Celtic FC Limited – company number SC223604, incorporated in 2001, formerly called HMS (402) Limited
When Fergus McCann took over in 1994, the original 1897 company changed its name and reregistered as a plc. The new name (Celtic plc) did not change anything – that was, and is, the original 1897 company, albeit with a change of name.
At the same time, the 1994 newco was set up, and is the “football club management” company. It was owned by the 1897 company.
Later the 2001 newco was set up. It was (and is) owned by the 1897 company. At the same time, ownership of the 1994 newco was transferred from the 1897 company to the 2001 newco. So the structure is: the 1897 company owns the 2001 newco, which in turn owns the 1994 newco.
WHY THE 2001 RESTUCTURE?
Obviously we can’t know the full picture, but an obvious result is that the losses since 2001 (an incredible £32million) gets reflected in the profit and loss reserve of the 2001 newco which has been trading since then. This keeps that £32million of losses away from the 1897 company’s profit and loss reserve.
PROOF THAT THE 2001 COMPANY IS THE TRADING COMPANY
Extract from the 2012 accounts for the 2001 newco. The turnover of £51m is basically the whole income for the Celtic group of companies:
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PROOF THAT THE 2001 COMPANY HAS MADE £32MILLION LOSSES
… and does not own the players in its balance sheet even although it is the trading company:
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PROOF THAT IT IS THE 1897 COMPANY THAT OWNS THE PLAYERS AND THE STADIUM
Extracts from the 2012 accounts for Celtic plc (the 1897 company):
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COMPANIES HOUSE EXTRACTS FOR ALL 3 COMPANIES
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This entry was posted in Uncategorized on March 15, 2013.
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Wow this looks really legitimate – when were Celtic liquidated? Oh that’s right they weren’t – Rangers were, stop clutching at straws and deal with it. This holding company/club argument is complete nonsense and deep down every ra gers fan knows it – you can see it in their faces whenever the subject arises
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If ur going into that rubbish go to companies house search Celtic plc and see the record stretching bk over 125 years having paid their bills every year resulting in Celtic still being Celtic. You can’ t do the same for Sevco or Rangers though, two different teams and Sevco have only been around a few yrs
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What has that got to do with the points I’m making??
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celtic plc only came about in 94 after your share issue, the previous company is still running and has £2 in cash reserves and £45,000 i assets
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Great article and spot on. Celtic always have and always will live in the shadows of Rangers(Scotland’s most successful team). All this clutching at straws desperate to be right, and when your proved wrong by the Scottish football authorities,the European football authorities and the law of the land you lot still can’t accept. If you want to be a bigger club than Glasgow Rangers then do it on the park and match our history. Trying to become bigger than Rangers on a technicality is a total embarrassment! Rangers then,Rangers now,Rangers always…
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Think it was Rangers trying to match Celtic that inevitably killed them tbh, chased and matched 9 in a row with an over expensive, unaffordable squad but never won (and never will win) European club footballs ultimate prize…
First British club to win the European cup and the only British club to win everything possible in a season – the only British club who have landed a quadruple, check it, it’s called a fact 😄
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Rob, you are to be congratulated trying to speak sense with Celtic supporters, but it’s a exercise in futility. we’ll be dressed up as Zombies on Sunday and they’ll have their usual attire of hatred and IRA supporting nonsense. We’ll fight hatred with humour and we’ll win at the end of the day.
As for Tax Avoidance. If you know anyone that’s Scottish you’ll have heard all about the 30 yrs from the early 1960’s when the Celtic board under the Kelly’s and the White’s continually lied about gate receipts thus cheating the British Taxpayers out of tens of millions. That only ended when Fergus McCann took over. Now the (heavily controlled by Celtic FC) SFA/SPFL (or whatever they call themselves) have declared that anything that happened prior to Rangers using EBT’s is to be considered out of bounds… Well, they would…
Brave attempt at trying to reason with a group of people where hatred has long trampled out any sense of reason or rationale. They’ll keep on at you until you back down, that’s how these hate-filled people have operated for many many yrs.
For more a wee look at our history look at my spreadsheet. Next one out will be: Rangers 1872 – 2016 Results (spreadsheet)… Thanks Rob.
http://www.mediafire.com/download/qzu2cydqwo8wk23/Rangers+1872-2014+Results+-+2nd+Half+%28of+file%29.xlsx This particular update has been downloaded almost 1,000 times.
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tax avoidance! That’s lies anyway(if not point me to a story) but Rangers went a lot further than avoidan ce, it was refusal! Sevco to get skittled by a big team on Sunday but don’t worry it’s no disgrace and at least you’ll know Celtic have paid our players rather than letting hector pick up the bill as many lower league teams weren’t shown the same respect from the now deceased rangers
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Celtic’s Biscuit Tin and their Brown Envelopes to players well known.. Tax Evasion clear and simple.
As for the EBT’s Celtic did one or two NO? Also, for our friends down south can you tell them why we offered to settle with HMRC and they didn’t settle while in England the big teams had the FA batting for them. Arsenal used EBT’s to the tune of £300 Million and settled with HMRC for £100 Million. Same with other big clubs down south, going rate was around 1/3… Rangers had used EBT’s to the tune of much less than the final amount in 2009 when Murray offered them a settlement of £9 Million they refused despite that being roughly 1/3 of the total usage, they never even engaged at all by coming back and saying £10-11 Million and we’ll talk…
Now, Celtic’s attachment to the Labour Party (Reid etc etc etc etc) and HMRC is well known, maybe that’d explain their unwillingness to settle? I see in the House of Commons when questions were asked re this the standard answer was ‘It’d cost too much to find out the answers’… That despite it costing the huge sums they’ve wasted so far.. £9 Million plus appeal after appeal after appeal after…
Now, another point for our Friends down South. Why oh why the level of hatred re Rangers re EBT’s and NO HATRED ANGER towards Arsenal etc etc? I never hear Celtic fans on talksport and other outlets going on about huge sums being ‘stolen’ and OAP’s dying because of unpaid tax… Soldiers dying because they don’t have the proper equiptment… etc etc (though that was really rich when I think of the huge sums of money given by Rangers fans to the Armed Forces – while they aren’t allowed at Parkhead, are they?).
That’s just scratching the surface as Celtic have been dining and wining GCC officials to the end we all know about. Then there’s the Boys Club Scandal that’s been hushed up and not really looked into. There’s oooh so many areas your club have been shown up as immoral and yet when we were under attack you’ve been claiming the moral high ground. It;s all very staggering but these things are what make Rangers fans good people, we get hit by illogical hatred yet continually come back smiling! (to your great annoyance).
But have the last word mate because as a Rangers Fan I know that arguing with the hate-filled is like drowning in a sea of futility – I’ve had a wee shot at clearing the picture for you, if you don’t want to see the picture you’re clearly not gonna see it…
WATP and Power To The People!
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Im pretty sure ceptic will win, the clubs are in 2 different places at the moment but we will be back, jelly in 1 hand ice cream in the other, ooops sorry your lot will be like that 😯
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Seams to me Rob you have pissed off our friends north of the border.(No sense of humour) their lucky the FL are can,t get involved in matters.
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True 😊👍
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Some deluded spanners on here .. Celtic’s company (which holds the trading name) is still the 1897 company the same company number.
Sevco … formed in 2012 because the old club couldn’t pay their bills.and were liquidated .. died.
Simple facts … all our financial obligations were met.
Zombie FC followers … enjoy your humiliation on Sunday as your fat overpaid players take to the pitch ..
Dundee Utd players was it? .. said “we knew we were going to win because their players were breathing hard after 10 minutes” …
LMAO !!
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Rob. I think you are a very very funny man! Hail hail
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And yet,every single thing in the published article is FACT! Irrefutable,previously determined FACTS!
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No. I can see why you’re sticking to that, it’s all you have. But there are conclusions in there which purport to spring from the facts. And it’s the conclusions which are, as I have tried to explain for the benefit of the hard of thinking, bollocks.
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Rob you’ve not pointed out why the facts don’t mean a new club apart from they have the same fans. If the old rangers fans start supporting Newcastle does that make them rangers
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I’m sorry, but that’s a REALLY stupid argument, based on a premise I’ve already rejected. You people are desperate and desperately insecure, it seems.
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Lord Nimmo Smith and Charles Flint QC, obviously, aren’t aware of your, so-called ‘facts’. They made it clear, in their report, that newco had purchased Rangers Football Club from the Administrators. The Administrators, under the Insolvency Act (which doesn’t require approval from half-wits) had the power to sell the business as a WHOLE or ANY PARTS together with the assets. The club was the business operation part of oldco. The Administrators sold it, legally, to newco, the new owner/operators. It’s that simple. It is done. Finalised. There is no legal challenge to that fact, nor will there be one. Suck it up.
Lord Nimmo Smith and Charles Flint QC (from their Tribunal Report).
“On the 14th of June 2012 a newly incorporated company, Sevco Scotland Ltd., purchased substantially all the business and assets of Oldco, INCLUDING RANGERS FC”
“a Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to another owner and operator.”
“In legal terms, it appears to us to be no different from any otherundertaking which is capable of being carried on, bought and sold.”
Companies House and the London Stock Exchange have no problem with these facts, at all.
Celtic’s owner, Dermott Desmond, knows the law. He knows that Rangers Football Club is the same Club once operated by oldco.
Only the morons who, occasionally, attend Septic (State-Aid) Dome have difficulty understanding the law.
Dermott Desmond:-
“Rangers is a fantastic club with a great history,” he said. “With the support that they have, they will come back.” “They will, in not too long a time, be back in the SPL. I have no doubt about that.”
“They’re needed for Scottish football because of their following and the size of the club and especially their history.”
LOL
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Just like to point out that I’ve not received any type of valid retort from either Rob or the poster with the sick inappropriate name initialled BJK, so I assume you have no argument…
shame really,
good luck to Leeds – hope you make it back to the top some day, it’s been a tragedy but you’re a massive club who deserve to be in the top flight, keep going about it in the right way an you’ll get there,
PS you used to have a cracking striker by the name of Mr Viduka 😉
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Thank you for taking the time to consider the difficulties facing Rangers. As a Leeds fan you will know all to well how it feels to have your club stolen from you and how powerless the average football fan can feel when something they love is abused. If you want to know what set us apart from our city rivals it is that Rangers are a football club, Celtic are a cult. That’s the diffidence.
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Celtic are a cult?
Why are there so many rangers fans afraid to admit they aren’t unionist, protestant, loyalist royalists?
LOL
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Its laughable celtic fans are driven by fear that much they are saying this…..did their history stop when they became an asset of pacific shelf 585?.Rangers are still the most successful club in thr world so get over it and concentrate on how your own team has gone backwards on the field during rangers unfair and scandalous demotion to the third tier .I sense D King the threeb ears and co will gain control soon and the gers will be competing fot thr spl title in no time…
please stop this rangers are dead nonsense you starting to embarrass yourselves……RICKSEN 2
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Rob has already rejected it. Case closed Rangers live. Well in Robb land anyway. In real life their greed killed them and Celtic will thump the life out o their desperate old fans come Sunday. No fear just truth.
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Ricksen was a fierce opponent it’s very sad what he is going through, great turn out at ipox for the little menace.
Celtic doing well, dominating domestically as will be highlighted Sunday and building for champions lge next yr, Celtic have been as successful in Europe since rangers died as they were for 20 years before they died.
Dave king isn’t going to save Sevco, it’s too late. He’s just there to pick up the pieces and start Sevco 2
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Thank you for commenting on the situation at Rangers. As a Leeds fan I am sure you know how it feels to have your club stolen from you. As you say Rangers are a Scottish institution and a football institution. Thanks for your kind words. The difference between Rangers and our city rivals is that we are a football club and they are cult. We focus on football, Rangers have thrived for over a 140 years and will continue to do so and hopefully one day Leeds and Rangers shall meet again in a battle for the Champions League spot as we did in 1992. In the spirit of football, let football be the winner. Those were the days……………………
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Those saying Rangers FC are a new club are speaking through sheer bitterness and talking utter nonsense. If newco hadn’t purchased the Rangers Football Club, from the Administrators, the creditors would be all over newco and the directors personally, for operating a club with a prohibited name. A prohibited name also includes the trading name. For example, Dundee Football Club LTD owns and operates a club that trades as Dundee Football Club. Likewise, The Rangers Football Club LTD (a subsidiary of The Rangers International Football Club) owns and operates a club that trades as Rangers Football Club. This would be a criminal and civil offense if they hadn’t purchased the club from the Administrators. This even applies to any name that is too similar, as to give the impression that they are the same business/club. Never mind, trading with the EXACT name. Further to that, newco stated, openly, that they operate the same club, once operated by oldco. They have done so, repeatedly. They have informed the London Stock Exchange and sold shares to shareholders based on this submission. They have registered the same information at Companies House. The number of offenses would be numerous indeed, and they would be joined in the dock by the Insolvency Practitioners who also stated, openly, that they sold Rangers Football Club to newco.There is no legal challenge to newco. None, at all. The simple reason, for that, is that newco DID buy Rangers Football Club, from the Administrators. The sale took place under the ‘Insolvency Act’. Under the act the Administrators have the power to either sell the business as a whole or ANY PART, as well as the assets of the business. There is no prohibiting regulation in the ACT that prevented the Administrators from acting as they did. Their powers are enormous under the ACT. They can dispose of the business in any way that THEY, the Administrators deem fit. Many people think that Administrators have too much power, under the Insolvency Act, but that is neither here nor there. They had the power to do whatever they deemed fit, under the ACT, and they sold Rangers Football Club to newco. When a business becomes insolvent, it is the Insolvency Act that regulates it’s future. All else is meaningless. You might not like it, but that’s how it is. This is a petition for judicial review by the Rangers Football Club plc, a company presently inadministration. Lord Glennie (talking about Rangers Football Club PLC) That company presently operates Rangers Football Club (to whom I shall refer as “Rangers”). Lord Nimmo Smith and Charles Flint QC. They found that while oldco was responsible for the debts incurred while they operated Rangers Football Club, the ‘sanctions’ imposed by football authorities followed the club when ownership was changed to newco. As Rangers were the same club, the ‘sanctions’ remained in place. “It is the club, not the owner, who plays in the league,” he said. “The rules clearly contemplate sanctions upon a club, in distinction to upon the owner or operator.That power must continue to apply, even if the owner at the time of [any] breach of rules hasceased to be a member of the SPL and its undertaking has passed to another owner or operator.” Lord Nimmo Smith and Charles Flint QC (on the legality of the sale of the club). “A Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to another owner and operator.” “In legal terms, it appears to us to be no different from any otherundertaking which is capable of being carried on, bought and sold.” All parties who have any legal involvement with newco and Rangers Football Club have no problem accepting that Rangers are the same club as that operated by oldco. If this was not so, Companies House, the LSE and BDO would make more charges, than a bull at a gate. Rather than listen to the terracing lawyers, or anyone who ‘feels’ it isn’t the same club, it’s best to leave it to the experts on Insolvency Law, I think. Perhaps the words of Celtic’s largest shareholder, a man who might know a thing or two about business and the law, might help in this matter. Dermott Desmond:- “Rangers is a fantastic club with a great history,” he said. “With the support that they have, they will come back.” “They will, in not too long a time, be back in the SPL. I have no doubt about that.” “They’re needed for Scottish football because of their following and the size of the club and especially their history.” The SPFL website only states the facts. If you cannot deal with that i suggest you take a look at your lives because they must be empty if a football club surviving causes you all so much distress. http://spfl.co.uk/clubs/rangers/
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Now, Rob, it’s interesting to note that many of the critics on here, who are very quick to adopt the term Sevco to Rangers, still completely ignore the fact that Celtic FC haven’t existed since 1995.
The team formerly known as Celtic is, in fact, Pacific Shelf 595.
lol
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Celtic have paid bills and refrained from robbery since 1888, check out Celtic plc on companies house. you cannae do same for Sevco or Rangers because they are two different cubs rangers ends a few yr bk a few days later Sevco starts.
Trish that’s a load of legal bollocks but if ur determined to go down that route the law states ur not allowed to use same name if same people are involved which they arent.
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The problem with your take is that the open and repeated statements, made by the Administrators and Newco, that they sold, or bought and operate, the same Club once operated by Oldco, would constitute a fraud, if they hadn’t sold, or bought and now operate, that same Club.
London Stock Exchange and Companies House would all over them like a rash.
London Stock Exchange
Description of the business –
Rangers International Football Club plcDescription of business:Rangers International Football Club plc following admission will own and operate The Rangers Football Club Limited. Rangers Football Club, based in Scotland, has become one of the world’s most successful clubs, having won 54 League titles, 33 Scottish Cups, 27 League Cups and the European Cup Winners’ Cup in 1972. Playing at the 50,987 seater Ibrox Stadium, Scotland, and benefiting from the world class 37 acre Murray Park training facility, the club has been a dominant force in Scottish football for decades. The club generates revenues from match-day sales, broadcasting rights, retail and merchandising as well as other media rights
Do you, really, think that Lord Nimmo Smith and Charles Flint QC don’t know the Insolvency Act. Do you think they don’t know the powers the Administrators hold, to dispose of the business in whole or in any part, together with the assets, as they deemed fit.
They were crystal clear in their Tribunal Report:-
“On the 14th of June 2012 a newly incorporated company, Sevco Scotland Ltd., purchased substantially all the business and assets of Oldco, INCLUDING RANGERS FC”
“a Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to anotherowner and operator.”
“In legal terms, it appears to us to be no different from any other undertaking which is capable of being carried on, bought and sold.”
Despite the bile and bellyaching of the unwashed, there is no legal challenge to Rangers. There will be no legal challenge to Rangers.
Even the Celtic owner knows it’s the same Club.
“Rangers is a fantastic club with a great history,” he said. “With the support that they have, they will come back.”
“They will, in not too long a time, be back in the SPL. I have no doubt about that.”
“They’re needed for Scottish football because of their following and the size of the club andespecially their history.”
Keep on making an a*se of yourself. Real football supporters know, exactly, where you lot are coming from.
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Oh, I should add that the former owner/operators of the Rangers Football Club are still in the process of being liquidated.
BDO, the liquidators, would be very interested in anyone claiming to have purchased the Club from the Administrators, if they hadn’t.
Of course, BDO know, full well, that the Club is now under new ownership. They have even received some of the proceeds from the sale. They are even collecting cash settlements from those who acted, criminally, against The Rangers Football Club PLC, allowing another, who has been charged with fraud, to take oldco into Administration.
BDO have problems with the criminal attack which, in conjunction with the scandalous actions of HMRC and their failed (twice, legally) bogus tax claims, led to oldco being acquired fraudulently.
BDO have no problems with newco’s purchase of Rangers Football Club. None, at all.
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What a bad article, he says he doesn’t take a side but clearly he does. And I couldn’t even finish this uneducated nonsense. He takes rangers side cause his club is in/went thru same thing wtv. He talks about name calljng on hear at posters yet tells them to f off, double standards eh. He talks of history and as long as you can remember your the same club, yet it shows rangers history stopped 2012 and now had to take new legal name. From rangers to the rangers, just cause they play in same stadium with fans doesn’t mean same club. Yes they are Celtics rivals and the fans still have have a go cause they are from the same city. No one is against that, just tgat its a new club and behining.Why do you think Murray sold them? Cause he knew the end was up and wanted to get out to distance himself. Never mind all the ebts stuff. Celtic were close to liquidation but they paid their bills in time and avoid all the stuff rangers went thru cause they couldn’t/wouldn’t let it lose its history. Rangers have not paid any bills back to the regular Joe workers. But your defense is just it’s all big fat cat stuff, well laws are laws and it’s clear. I guess the rule in the game of no handball or yellow/red cards are big fat cat stuff to eh. Let’s all do what we want and say we own Manchester City cause we wear a shirt cause that makes it true right?
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It’s all about Insolvency Law, Bob. Not your opinion, or the opinions of your fellow dimwits.
Lord Nimmo Smith and Charles Flint QC (from the Tribunal Report)
“On the 14th of June 2012 a newly incorporated company, Sevco Scotland Ltd., purchased substantially all the business and assets of Oldco, INCLUDING RANGERS FC”
“a Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to anotherowner and operator.”
“In legal terms, it appears to us to be no different from any other undertaking which is capable of being carried on, bought and sold.”
Celtic’s owner has brains enough to accept the facts.
Dermott Desmond:-
“Rangers is a fantastic club with a great history,” he said. “With the support that they have, they will come back.” “They will, in not too long a time, be back in the SPL. I have no doubt about that.”
“They’re needed for Scottish football because of their following and the size of the club and especially their history.”
It’s a done deal, Bob. You can stamp your feet, pull your hair (if you’ve got any) do whatever you like. It will change nothing.
There is no legal challenge to the new owners of Rangers Football Club.
There will be no legal challenge to the new owners of Rangers Football Club.
There is nobody stupid enough to mount a legal challenge to Rangers. Unless, of course, you and your pals are considering it.
LOL
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In effect these utterly obsessed fans of Celtic,themselves a “newco” club several times over,are also attempting to say that the history of Bremner,Lorimer and Clark etc is also no more because Leeds Utd did not exit administration via a CVA. “We went through administration in 2007 and lost 10 points, which almost saw us relegated to the third tier of English football,” Cooper said.
“We didn’t exit administration via a CVA but Mr Bates managed to retain control of the club and we started the following season on minus 15 points.”
http://www.eveningtimes.co.uk/rangers/leeds-turmoil-proves-rangers-fans-have-grounds-for-concern-over-ibrox-164302n.24274522
This is what we are up against here in Scotland,the lunacy of those who support Scotland’s second most successful club Celtic (or should that be Pacific Shelf 595 Limited) is unlimited.
Of course here in planet reality all sensible people and those not driven by bitterness or jealousy know that Leeds Utd,like Rangers,retain their proud history,and the status of the clubs remains unchanged. This obsession shown by fans of the newco Celtic really has been staggering in it’s intensity,and one wonders the mindset of a person who’s whole life it seems revolves around a football club surviving..ye gods they even made a complaint to the Advertising Standards Authority,lost,appealed,and lost again! “We consulted with UEFA, which explained that its rules allowed for the recognition of the “sporting continuity” of a club’s match record, even if that club’s corporate structure had changed. We also consulted with the SFA, which confirmed that its definition of a football “club” varied depending on context, and could sometimes refer to an entity separate from the club’s corporate owner. The SFA further pointed out that, following RFC’s transfer to a new corporate owner, Newco did not take a new membership of the Scottish FA but rather that the previous membership was transferred across to them so they could continue as the same member of the Scottish FA. We considered that consumers would understand that the claim in question related to the football club rather than to its owner and operator and we therefore concluded that it was not misleading for the ad to make reference to RFC’s history, which was separate to that of Newco.” We consulted with UEFA and the SFA.
http://asa.org.uk/Rulings/Adjudications/2013/12/The-Rangers-Football-Club-Ltd/SHP_ADJ_224406.aspx#.VMxCFWB1pLM
This as i said is what we are up against,UEFA,The SFA,SPFL,European Club Assoc.,Advertising Standards Authority,all declare Rangers FC to be the same club yet STILL these obsessed fans of newco Celtic ignore them all and continue with this sheer (and very tedious) claptrap. It beggars belief frankly. They should wake up smell the coffee realise they are making complete idiots of themselves and that not one organisation that matters will ever listen to their never ending diatribe. The official website of the SPFL..accept it and for goodness sake move on your boring us all to death!
http://spfl.co.uk/clubs/rangers/
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Unfortunately for yourself and all those institutions you names, law trumps. Both Scots Law and British Sports Law say new club.
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You’re spot on Rob. It is the fans, first and foremost, who decide who a Club is. Fans support their team, not legal entities.
Having said that, the morons from Celtic Park, who think they are football fans haven’t a clue about the legalities involved here.
ALL legal and official bodies that have had any involvement with Rangers over the past few years, and today, not only KNOW that, legally and emotionally, Rangers are the same Club, they have stated, clearly and repeatedly.
Only, the anti football twits at Celtic Park stick their fingers in their ears and mutter, unadulterated Cr*P.
As for their claims about Rangers not being able to be separated from the company that, formerly, owned and operated them?
What utter nonsense. If newco hadn’t purchased the Rangers Football Club, from the Administrators, the creditors would be all over newco and the directors personally, for operating a club with a prohibited name.
A prohibited name also includes the trading name. For example, Dundee Football Club LTD owns and operates a club that trades as Dundee Football Club. Likewise, The Rangers Football Club LTD (a subsidiary of The Rangers International Football Club) owns and operates a club that trades as Rangers Football Club.
This would be a criminal and civil offense if they hadn’t purchased the club from the Administrators.
This even applies to any name that is too similar, as to give the impression that they are the same business/club. Never mind, trading with the EXACT name.
Further to that, newco stated, openly, that they operate the same club, once operated by oldco. They have done so, repeatedly. They have informed the London Stock Exchange and sold shares to shareholders based on this submission. They have registered the same information at Companies House.
The number of offenses would be numerous indeed, and they would be joined in the dock by the Insolvency Practitioners who also stated, openly, that they sold Rangers Football Club to newco.
There is no legal challenge to newco. None, at all. The simple reason, for that, is that newco DID buy Rangers Football Club, from the Administrators.
The sale took place under the ‘Insolvency Act’.
Under the act the Administrators have the power to either sell the business as a whole or ANY PART, as well as the assets of the business. There is no prohibiting regulation in the ACT that prevented the Administrators from acting as they did. Their powers are enormous under the ACT. They can dispose of the business in any way that THEY, the Administrators deem fit.
Many people think that Administrators have too much power, under the Insolvency Act, but that is neither here nor there. They had the power to do whatever they deemed fit, under the ACT, and they sold Rangers Football Club to newco. When a business becomes insolvent, it is the Insolvency Act that regulates it’s future. All else is meaningless. You might not like it, but that’s how it is.
This is a petition for judicial review by the Rangers Football Club plc, a company presently inadministration.
Lord Glennie (talking about Rangers Football Club PLC)
That company presently operates Rangers Football Club (to whom I shall refer as “Rangers”).
Lord Nimmo Smith and Charles Flint QC.
They found that while oldco was responsible for the debts incurred while they operated Rangers Football Club, the ‘sanctions’ imposed by football authorities followed the club when ownership was changed to newco. As Rangers were the same club, the ‘sanctions’ remained in place.
“It is the club, not the owner, who plays in the league,” he said. “The rules clearly contemplate sanctions upon a club, in distinction to upon the owner or operator.That power must continue to apply, even if the owner at the time of [any] breach of rules hasceased to be a member of the SPL and its undertaking has passed to another owner or operator.”
Lord Nimmo Smith and Charles Flint QC (on the legality of the sale of the club).
“A Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to another owner and operator.”
“In legal terms, it appears to us to be no different from any otherundertaking which is capable of being carried on, bought and sold.”
All parties who have any legal involvement with newco and Rangers Football Club have no problem accepting that Rangers are the same club as that operated by oldco.
If this was not so, Companies House, the LSE and BDO would make more charges, than a bull at a gate.
Rather than listen to the terracing lawyers, or anyone who ‘feels’ it isn’t the same club, it’s best to leave it to the experts on Insolvency Law, I think.
Perhaps the words of Celtic’s largest shareholder, a man who might know a thing or two about business and the law, might help in this matter.
Dermott Desmond:-
“Rangers is a fantastic club with a great history,” he said. “With the support that they have, they will come back.” “They will, in not too long a time, be back in the SPL. I have no doubt about that.”
“They’re needed for Scottish football because of their following and the size of the club and especially their history.”
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One very important take on this subject. The company which run Rangers hasnt yet been liquidated and may never be after an investagation in to this sham has taken place. Fifa uefa sfa spfl Eca Asa and lord nimmo have all confirmed what us bears already knew that we are still the same club. Funny how Celtic fans are spending hours on this page getting all upset abt a club that in there eyes doesnt exist anymore!! P.s To the tims who say we have no history well CLEARLY WE DO, it is also a better history than the DARK HISTORY that celtic carry with them. WATP.
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For the avoidance of doubt, let me point you in the direction of FIFA, UEFA, sfa, spfl, Neil Lennon, in fact everyone that actually matters, Glasgow rangers are the same team, same world records, same stadium, same everything. The great unwashed just need to suck it up and stop wasting their giro money, making themselves even bigger laughing stocks in world football, and just take it on the chin. You had your chance to do something remarkable in Scottish football with us gone, but……. Guess who’s back, back again……… Unfortunately, the average Celtic fan is more to be pitied than scorned. It’s actually a wee shame. God bless them one and all.
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Rob,
WOW!!!!,superb, but hornets nest come firstly into mind……..you won me from the very beginning………anyone who’s club has gone through the mill would feel the same…..its the fans first and last, lifeblood of their respective teams
whowever I feel its a bit like asking a chap from ow’er t border for sympathy, for our beloved LEEDS LUFC v devon lot
Cheers,
Don
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.A word about Leeds. Leeds unfortunately are a shadow of their former self .Poor management or what? .I remember being at the European Cup semi final in Glasgow when Leeds had a decent team and Celtic beat them both home and away .Is this all you have to write about, just wind up Celtic fans,does that give you some satisfaction? .What about your own team.? Do you have nothing to write about your Club.Have your Club sunk so low that you have to turn to this kind of crap,because unfortunately we have not thought about your Club in years.
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First of all, I’m a Celtic fan and very much looking forward to tomorrow, a match I don’t really have a problem calling the Old Firm as it’s about the fans.
I wasn’t a fan of the statement from my fellow Celtic fans. I don’t disagree with the content, though. I’ve read nothing but opinions backing their claim to be the same club, whereas Scots Law, the law of a nation, proves they must be a new club as, I believe, does British Sports Law.
Tomorrow morning I will wake up with the same mix of emotions. Possibly even more intense as Celtic cannot lose tomorrow. I doubt we will. If we play to our ability we’ll wipe the floor with them.
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The only Law that matters, in cases of insolvency, is the Insolvency Act. All cases of insolvency are settled through the ACT, all else is meaningless bluster.
Under the ACT, the Administrators have sweeping power. They can sell all of the business, as a whole, or break it up and sell ANY PART, they deem fit.
All legal and official bodies, who have been involved in these matters know that.
Only, the deluded refuse to accept what all credible parties have knowleged.
The Administrators sold Rangers Football Club to newco. There was no prohibiting regulation, in the Insolvency Act, preventing them from doing that. None, at all.
All the hate filled crowd know that as well. That is why they never point to the law that would have prohibited the sale. There isn’t one.
LORD NIMMO SMITH and CHARLES FLINT QC (from the Tribunal Report)
“On the 14th of June 2012 a newly incorporated company, Sevco Scotland Ltd., purchased substantially all the business and assets of Oldco, INCLUDING RANGERS FC”
“a Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to anotherowner and operator.”
“In legal terms, it appears to us to be no different from any other undertaking which is capable of being carried on, bought and sold.”
THAT’S THE LEGAL FACTS.
Law Lord’s look at the Insolvency Act before deciding issues, on an insolvent business. They don’t listen to half-wits, on Celtic blogs.
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Rob,this is about one thing and one thing only,that Glasgow Rangers are (the most successful football club in the world),and the morons posting here don’t like that,the fact is they want that,but even with the tainted titles that they are being given now they will not catch up,but we welcome the chase just the same.
Glasgow Rangers we are the people and always will be.
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As was explained in Twitter last night and to make this as simplistic as possible. Two clubs held two separate licences ate the same tiime. Now I am no maths genius but two does not and never has gone into one.
On top of that if The Rangers were indeed the Same Club they would have been seeded in the early rounds of the Scottish Club and entered as always through the Fourth Round of the competition. The fact is as a New Club they had to navigate through the early rounds.
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That’s rubbish – seeding is about current league status, not the history or identity of a club, new or old.
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LOL! They are a bitter bunch, the ceptic fans. If they really believe it’s a brand new club with no history, why on earth are they so obsessed with it, as proven by their spamming of these comments? I mean, if it’s just a wee new club, why are there more of them posting than there are Rangers fans?
Their very presence here and their continued obsession proves they don’t believe their legalistic nonsense. Why weren’t they saying all this in 1991 when Hibs went newco or even since? They don’t care about Hibs.
But they do care about Rangers, even more than they care about their own club. They want to pretend that Rangers can’t win more trophies so that their own club eventually overtake them in the trophy haul.
I bet they drop this nonsense like a hot potato if they get a flattering result on Sunday, but morally they don’t deserve it, as this vein attempt to pretend their rival has died is a form of cheating. It may even be a failed attempt at cultural ethnic cleansing, because they’re obsessed with all the historic religious nonsense, which they started.
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I hear all these comments from ‘The Greatest Fans In The World’ about how Rangers is dead. What I never hear is any mention of Pacific Shelf 595 Ltd. or HMS (402) Ltd. Celtic and Rangers – 2 Oldco’s or 2 Newco’s, you cant have it both ways
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Unfortunately Scottish football does not need the old firm game. Everyone in the SPL are doing fine. We now have the most competitive league in Europe. Young Scottish players are getting game time and the standard of football is improving.
Compare this with the lead up to the “big game”. Police have spent time visiting every pub in the centre of Glasgow because of concerns of violence. They have also visited the teams to warn them of their behaviour.. Stories in the papers with ex players ” praying” it doesn’t kick off etc etc etc. WHY does our game need it…?
The game of the weekend no doubt is Aberdeen vs United.
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SPFL the most competitive league in Europe? I KNOW a lot of things and you are talking rubbish.
Go for a lie down.
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Having a Kit Kat with my morning cuppa…. Used to be made by Rowntrees but now made by Nestle… Still a Kit Kat….
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I like you Rob, you dont take fools gladly. I felt sorry as a Leeds fan for the old crazy gang Wimbledon and hope they get back to their former glory just like I hope Leeds can too. I remember watching Rangers in Europe and they played exciting football regardless of what side of the fence you sit, its a shame the boardroom can hold the cards to a fans football team.End of
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Rob – Bheasts are too consumed by hate and bitterness to be rational.
Their club has a despicable past which plays on their conscience and they take that out on others.
Leave them to it.
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The Fact That Rangers Still Exist Is Confirmed By The Continued Bile And Aggression Shown By Scotland’s Underclass.
It’s Likely You’ll Win Sunday’s Game, How Will You Celebrate? Like You’ve Beaten A New Team, Or Like You’ve Beaten Scotland’s Most Successful Club?
Thought So.
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