On 30 April 2012 the SPL Clubs will consider a range of proposals to amend the Articles and Rules of the SPL. A brief description of the effect of adopting the Resolutions is provided below. Resolution 1 proposes an increase in the sporting sanction (points deduction) on any Club which suffers or is subject to an Insolvency Event from 10 points to the greater of 15 points and 1/3 of the Clubâs SPL points in the preceding season. Resolution 2A proposes further sporting sanctions in the event that any Club undergoes an Insolvency Transfer Event (i.e. transfers its share in the SPL to a new company where this occurs because of the insolvency of the transferor) of 10 points in each of two consecutive seasons from the Insolvency Transfer Event. Resolution 2B proposes revisions to the fee payment arrangements i.e. SPL fees to any Club which has undergone an Insolvency Transfer Event will be reduced by 75% in each of three consecutive seasons from the Insolvency Transfer Event. Resolution 3 proposes extending sporting sanctions where an Insolvency Event is suffered by a Group Undertaking of a Member Club of the SPL (Group Undertaking is defined in Section 1161(5) of the Companies Act 2006). Resolution 4 proposes updates and extensions to the definition of Insolvency Event in the SPL Rules. Resolution 5 proposes updates and extensions to the definition of Insolvency Event in the SPL Articles and clarifies the process in the event that a Member which is the subject of an Insolvency Event is required to transfer its share in the Company. Resolution 6 proposes a specific requirement in the SPL Rules that Clubs must pay their Players in terms of their Contracts of Service on due dates and places a duty on any Club to report any failure to pay its Players in a timely manner to the SPL. Failure to pay Players and / or to notify such failure to the SPL would be a breach of SPL Rules. Resolution 7 proposes a requirement in the SPL Rules that Clubs report to the SPL any failure to make payments to HMRC in respect of PAYE and NIC (a Default Event). Any Club suffering such a Default Event will be subject to a Player Registration Embargo. Any failure to report a Default Event shall be a breach of the SPL Rules. Resolutions 2B and 5 require the support of a minimum of 11 Clubs to be adopted; all other Resolutions require the support of a minimum of 8 Clubs to be adopted. If adopted the amendments to the Articles and Rules will have effect from and including 14 May 2012 (the day after the last day of Season 2011/2012). No further comment will be made in respect of these proposals until after the General Meeting on 30 April at which they will be considered by the Clubs.
From what I can make out it seems that they want the Newco Gers in the SPL but will cripple you with deductions for a few years. I am probably wrong though.
Not without any players, you could also be hit by a player registration ban for colapsing the company while money is owed to HMRC.
I can't see the logic in this. Why not just make it that all resolutions "require the support of a minimum of 8 Clubs to be adopted"? Or, better still, that all resolutions require the support of a simple majority? Beeling here.
I am surprised it did not mention that clubs were not allowed to have players on two contracts or to pay players or legends from a special fund so that neither player or legend can get paid devoid of UK taxes. I would have thought that any club that had paid a legend by means of an EBT should be forced to remove any images or statutes of honour immediately.
Rangers winning these games at the moment , is going to mean a bigger reduction next season assuming they don't get out of administration . With Craggie digging his heals in , looks very unlikely they will get out any time soon !!
This report was released on the very day D&P were to announce the new owners of Rangers FC. This is all an orchestrated campaign by Peter Liewell and his cronies at the SPL/SFA to keep Rangers down. .....More here..... .....Tomorrow!
It doesn't state if res 1 will be applied once or in each season they remain in administration but I think it reads that it will be applied once for the event occuring.
Relaunched Rangers could face penalty under SPL proposals http://www.bbc.co.uk/sport/0/rugby-union/17681268 Dunno why it says rugby-union in the link. I know Rangers like to play physically but that's probably going too far.
LAWWELL, AND THE CELTIC FAMILY STITCH UP RANGERS Peter Lawell has proved just how much sway he holds over Celtic loving Stewart Regan the ALLEGED bigot who leads the SFA. Joe O’Rourke, the man who wants to see Protestants drowned, obviously had a hand in this too, that much is clear. A wee bird tells me that O'Rourke - the PROVEN hater of Protestants - was asked to draft this new legislation because the SFA could not think of anyone who hated Rangers more than the man who wants to see Protestants drowned. Tainted by sectarianism! Tainted by hatred! And tainted by bigotry, that's The SFA for you, because let's be clear hear and not mince words or beat about the bush or talk around corners, this is a direct attack on PROTESTANTS. That much is clear as crystal. And that, by association leaves the Scottish Football Association, where Lawwell shares the Hampden boardroom with SFA chief executive, Stewart Regan, also tainted. By association, with Lawwell and his silence, through to the bigot, O’ Rourke, the SFA is tainted. The SFA is tainted by its association with Peter Lawwell, a man who will not speak out against Joe O’Rourke’s sectarianism but will vote to HAMMER Rangers for a trifling mix up in finances. Strathclyde Police have already revealed that they have been in touch with the hate filled bigot O’Rourke and given him a final warning not to repeat his call for Protestants to be drowned or his call for Rangers to be punished unfairly for a small mix up which could have occurred at ANY CLUB IN SCOTLAND. My sources tell me that Celtic have been getting backhanders from the ROMAN CATHOLIC CHURCH to keep their vile bigoted club afloat. But there has been no word, not even a whisper from inside the Hampden corridors of power where Peter Lawwell rules supremely,alongside other Rangers HATERS like that Guy from Dundee Utd, and that other guy from Aberdeen and some guys form the other DIDDY clubs. We can only hope that PAUL MURRAY's True Blue Knights, all good Rangers men and fine upstanding Prodd... I mean businessmen will step up to the plate and stand against this cowardly attack. Maybe MSP Murdo Fraser can get some handers form Alex Salmond and tell thse upstarts at the SFA, as well as Protestant hating Bigot JOE O'ROURKE of the OFFICIAL Celtic Supporter's Group where they can stick their unduly harsh punishments. MORE TOMORROW EXCLUSIVE I will explain the part Odious Creep played in all of this chicanery and skulduggerey. Leggo
