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Rangers Are Still Alive


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Guest bigda
Posted

Some Mistakes in the Mainstream Media regarding RFC/sevco/newco/club 12/ zombies

 

Some Mistakes in the Mainstream Media regarding RFC/sevco/newco/club 12/ zombies

 

Charles Green does not own Rangers Football Club. Rangers Football Club are still in administration and still being run by Duff and Phelps until such time as the court appointed liquidators step in to finally close them down. Rangers Football Club is dead. It still has its history but that history now has a line under it, it cannot be added to.

 

Charles Green is the CEO of either Sevco 5088 or Sevco Scotland. He wont say which. One or possibly both of these companies have purchased the assets of Rangers Football Club. These assets consist of Ibrox stadium, Murray Park and the Albion car park.

 

Sevco is not Rangers Football Club, has never been and can never be Rangers Football Club, it also cannot be The Rangers Football Club for the time being anyway.

 

Sevco is not a football team. It is not registered with any Football Association nor does it have a league to play in. It does not hold the registration papers for any football players, neither can it hold the registration of any professional football player until it is a registered football team.

 

Sevco has no automatic right to enter the professional game in Scotland. It is a newco, a new company and a new club. It has no history. It has no place in any league, therefore it cannot be 'relegated', it cannot be 'demoted' it can only be admitted.

 

If Sevco is to be admitted to the professional game in Scotland then it must first apply to join the Scottish FA to become a member. It must then apply to enter the third division, the bottom tier of Scottish Football.

 

This application process will be open to any club that wishes to participate, It is likely that there will be strong applications from Spartans FC, Cove Rangers FC and possibly some others. These clubs have been through this process before, they are aware of the necessary criteria for applying and they will meet this criteria by providing amongst other things three years accounts.

 

Sevco cannot produce three years accounts therefore it fails to meet the necessary criteria for admittance to the SFL third Division. Any move to circumvent the already established process and criteria for entry into the professional game in Scotland in order to favour one hopeful club over another, will result in a legal challenge by the disaffected clubs, which will suspend the beginning of the Scottish season.

 

Sevco are not banned from Europe for three years they are not permitted to play in European competitions because they are a new club and cannot provide three years audited accounts, unlike the SFA, UEFA will not bend nor ignore their rules just because it is Rangers. Another point to be noted, it will actually be four seasons before sevco can play in Europe because they have now missed the cut off point for submitting this years accounts.

 

Because they are not banned from Europe the only punishment Rangers Football Club has so far received for their years of corrupting the Scottish game to their own advancement and financial gain has been to be deducted ten points, an automatic penalty for entering administration. They have also been fined a paltry £160,000, It is unclear if this fine remains with Rangers Football Club or is to be transferred to Sevco. So when you hear it said Rangers have been punished enough ask in what way have they been punished.

 

They have not been banned from Europe, they have not been demoted, they have suffered no financial penalty of note. Everything that has happened to Rangers Football club has been their own doing, their own choice rather than pay off the debts that they accrued whilst attempting to be the most successful team in Scotland they chose administration, they chose liquidation, they chose to form a Newco.

 

 

Guest bigda
Posted

we have had a Whyte, a Green now a Brown but it is too late it is now owend buy Coffin Dodgers, not tax Dodgers in Canada pension fund

Guest bigda
Posted

one thing about rangers they will be back biggar stronger so make the best of it now while yous can ,

 

 

THERE IS MORE HOPE, OF A CAMEL WALKING THROUGH THE EYE OF A NEEDLE

Posted

we have had a Whyte, a Green now a Brown but it is too late it is now owend buy Coffin Dodgers, not tax Dodgers in Canada pension fund

and you know all about TAX DODGING dont yi danny :001: :001: :001:

Guest bigda
Posted

and you know all about TAX DODGING dont yi danny

YOU bought yer season ticket yet, every little helps. yer first game is away

to cove rangers

Posted

Been told tonight brown offered 8.7 million and Green said not enough and if "we" don't get the money "we" want then Ibrox will be turned to dust.

 

Green has no money but being backed by Craig Whyte or ticketus or both

 

The company of the new Rangers (sevco) will be placed into administration leaving the asset's of Ibrox albion car park and Murray park transferred over to a new company. This will mean all club official's,players and staff will not be paid and rangers football club will be dead.

Posted

I believe the stadium has been sold to a Canadian pension fund who will lease it back to Green for 3 million a year.

The ex gers are past the point of no return .....admin looms again.

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