Sevco FC deliberately planning not to pay their debts

[AguyIknow]

There were The Rangers fans saying that another Administration would be "magnificent". Just what was needed to purge the club of an inept board and grossly overpaid players.

But the selling of naming rights for 1 Pound - an asset that's sold in various other places for multi millions of pounds can only point to one thing.

The The Rangers are planning for Administration and whoever bought the naming rights was complicit with them. He didn't want to spend the going rate on naming rights only to be left high and dry when the The Rangers goes into Admin so he clearly came to some short term deal - for the minimum fee.
Thus when the The The Rangers, or Sevco II, or whatever the next entity to play out of ibrox is called, is up and running the Naming Rights will go for a lot more.


I wouldn't pretend to be a financial expert - heaven knows there's enough pretend financial experts swimming around the Pretendgers, but if deliberated down pricing in preparation for coming out the far side o

[CB_1874]

You seem to post an awful lot about a 'dead club' and their reincarnation. Any particular reason?

[AguyIknow]

They tend to be in the news a lot. Them and the rule bending to get that guy in late for Celtic.

And it annoys me that anyone would so blithly not pay their debts. If I was to carry on and spend a tenner for every fiver I had then tell folk that give me the goods to go whistle I'm sure plod would be chapping on my door.

[happytim]

any creditor of rangers/sevco who lets themselves be screwed deserves to be, after what went before. i doubt anyone would be daft enough to let it happen twice.

also there isnt much scottish football can do about rangers situation at present as they are not in debt. they might not have much in the pot but that aint illegal.

time will tell but another administration for the club who reside at ibrox and it would be difficult to imagine anyone doing business with them in future.

i would imagine creditors want paid upfront even now.

rangers simply have to get things in order soon or they wont be able to come back from another administration, surely there comes a point where the sfa or uefa would say enough is enough.

another liquidation would mean sliding back to tier 4,then trying to climb again, a bit like snakes and ladders.

doesnt matter though, rangers could spend the next 3 decades having multiple administrations and liquidations and supersally would still believe it was t

[AguyIknow]

Don't know what has you so happy about the situation Tim. Didn't your Peter Lawell say that it costs Celtic millions in lost revenue each year that Rangers, or The Rangers, or The The Rangers aren't competing in the top tier?

The SPFL can't even get a sponsor at the moment. And meanwhile the EPL down the road is having something like 3Billion thrown at it in TV money.

OK in Scotland things are going to be a scale smaller but instead of being say one tenth the size of the English game the finances appear to be approaching one thousandth.

Transfer fees in England (might even be just the EPL) was 830 Million Pounds. It was 2 Million Pounds in Scotland. Scary. And it's likely to continue as long as teams like Hearts Hibs and Rangers are outwith the top tier.

I beleive there was hassle in Kilmarnock FC with the players demanding their wages be paid yesterday. Not Good.

[happytim]

im not happy with the situation especially the bit where the epl is about a thousand times better off than us when the population is only 10 times as much, clearly something is wrong there.

as for rangers situation, i couldnt give a fek what peter lawell says, rangers have shafted scottish football and it is thier own fault where they are.

many people seem to think rangers should be allowed to do what the fek they want but get into the top tier just to give money back to scottish football, lawell forgets that other clubs havent suffered one bit as a result of rangers demise, and sporting integrity is the first priority otherwise the games a bogey.

rangers will have to play within the rules soon or they will be consigned to history for ever.

[braincapers]

[quote="AguyIknow". Just what was needed to purge the club of an inept board and grossly overpaid players.

But the selling of naming rights for 1 Pound - an asset that's sold in various other places for multi millions of pounds can only point to one thing.

The The Rangers are planning for Administration and whoever bought the naming rights was complicit with them. He didn't want to spend the going rate on naming rights only to be left high and dry when the The Rangers goes into Admin so he clearly came to some short term deal - for the minimum fee.
Thus when the The The Rangers, or Sevco II, or whatever the next entity to play out of ibrox is called, is up and running the Naming Rights will go for a lot more.


I wouldn't pretend to be a financial expert - heaven knows there's enough pretend financial experts swimming around the Pretendgers, but if deliberated down prici

[AguyIknow]

A question was raised by one of the 25,000 odd The Rangers fans on Clyde yesterday regarding the status of their Season Tickets should the club go into Administration. Each of those 25K people are in effect creditors of The Rangers

So if the 15,000 The Rangers fans who stayed away to starve out the Easdales get their way and Admin occurs - what happens the money the 25,000 fans already sunk into The Rangers for this season.

And will they have to spend more money on season tickets for The Rangers II while the 15K who stayed out only have to pay once for the dubious privelage of watching The Rangers.

Who's to say The Rangers II would be a success if the 25K fans decided they didn't want to be disadvantaged compared to the 15K who've held on to their money thusfar.

It could all get very messy because there wasn't a coherent plan put in place and it was left drift on and on.

[CoveKreep]

Transfer fees in England (might even be just the EPL) was 830 Million Pounds. It was 2 Million Pounds in Scotland. Scary. And it's likely to continue as long as teams like Hearts Hibs and Rangers are outwith the top tier.

I don't find that scary in the slightest - feel we've been cleansed from the bull$hit and are getting back to the game those of us of a certain generation were brought up with.

The EPL is a circus - I would actually hate to be a Man City fan now - that club used to have a bit of soul, but the Etihad is sterile.

[AguyIknow]

But if just over the border they're giving out wads of cash even to mediocre footballers then underage talent will inevitably get sucked south thus making the Scottish game even poorer.

This in turn does nothing for the Scottish national team.

I think it's a deplorable situation that the EPL has become so hyped as to completely dwarf everything by comparisson. It didnae used to be this way.

EPL cash will eventually bubble and burst with a lot of teams going to the wall in England but meanwhile it would seem that the Scottish game could go like a goldfish bowl being drained. If the EPL doen't burst soon then Scottish football may have very few professional teams left. Sevco being top flight or not will be irelevant.