1. Log in now to remove adverts - no adverts at all to registered members!

David King: Liquidation Inevitable

Discussion in 'Celtic' started by Go G YellowScreen, Mar 7, 2012.

  1. Otto Flayshow

    Otto Flayshow Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    14,150
    Likes Received:
    3,751
    I can't see a new owner coming in till the result of the big tax case is known.
     
    #61
  2. Tina_old

    Tina_old Princess

    Joined:
    Jan 24, 2010
    Messages:
    19,851
    Likes Received:
    114
    What do you reckon the most likely outcome is going to be?
     
    #62
  3. Otto Flayshow

    Otto Flayshow Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    14,150
    Likes Received:
    3,751
    In the short term, basically what I said: a cull of the first team squad and we'll limp on with the kids. Longer term, it depends what happens with HMRC. If it's a killer bill, we'll go under and relaunch as a newco; if it's manageable we'll survive in our current form. Either way, we'll be starting with a bare bones squad and it'll take years to get back to our current strength.
     
    #63
  4. Tina_old

    Tina_old Princess

    Joined:
    Jan 24, 2010
    Messages:
    19,851
    Likes Received:
    114
    <ok>*
     
    #64
  5. eric cartman

    eric cartman Well-Known Member

    Joined:
    Feb 16, 2012
    Messages:
    3,451
    Likes Received:
    77
    Problem with this is HMRC will appeal regardless of the decision. Therfore this liability will hang over your club for years. That is why I cant see you coming out of admin as no one would be daft enough to buy yous, well apart from whyte and we all know why he done it, while this remains. Newco it is then, been the plan from day one.
     
    #65
  6. rogueleader

    rogueleader suave gringo

    Joined:
    Jan 22, 2010
    Messages:
    19,250
    Likes Received:
    8,235
    I`d go along with that being the most likely scenario assuming the running costs outwith salaries - such as policing etc - can be met. Fulfilling fixtures might then become an issue
     
    #66

  7. brb b0t

    brb b0t Active Member

    Joined:
    Jan 31, 2012
    Messages:
    1,103
    Likes Received:
    19
    and how long after that until you get to a respectable strength, capable of mixing it with the big boys of Scottish football like Celtic, Dundee United and Hearts?
     
    #67
  8. DevAdvocate

    DevAdvocate Gigging bassist

    Joined:
    Jan 21, 2010
    Messages:
    63,752
    Likes Received:
    13,027
    Liquidation looks to be the only realistic outcome in all seriousness.

    Unless some mad multi millionaire Gers fan - who cares not a jot for cash - comes in at the last minute to rescue them, I just can't see it happening.

    Newco Rangers looks to be the only solution, it will be a long hard road though and promotion from Div 3 to SPL in 4 years will be no easy task.
     
    #68
  9. RAVENBLACK

    RAVENBLACK Well-Known Member

    Joined:
    Jan 21, 2010
    Messages:
    24,877
    Likes Received:
    265
    Wouldn't it be funny if the SPL clubs started nicking all the young Rangers talent when they are in Division 3 for cut back prices and leave them in the stands to rot.

    How ironic would that be :emoticon-0103-cool:
     
    #69

Share This Page