Murray

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Gambol said:
Rangers only real way out of admin is newco.

Arguments going on about keeping that newco in the SPL but with sanctions (rumours of 10-15 point deduction and seizure of up to 75% of the clubs revenue - possibly for more than one season). Add to that the transfer embargo.

Personally, I'd rather see us compete in the 3rd than be completely uncompetative in the Premier (and possibly relegated anyways). Spend 3-4 seasons rebuilding back to the top of the SPL.
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Why is the only way out of admin a newco?
 
MD 20/20 full stop said:
I don't think its in HMRC's interests to lose out on all the money compared to some of it.
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They still get money if we liquidate and newco. They get a share of the money made selling all the assets.

So, I guess it's what kind of precedent HMRC want to set. Do they want to be seen agreeing a penny in the pound deal (CVA) on £9 million unpaid tax? My understanding is that they won't do that, but I don't know for certain.
 
Gambol said:
I would say so.
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Why let green do a newco? Start your own and have fan ownership from the start you'll get Ibrox back in time after fans embrace the new club. You'll be able to sign players as you have no connection to the old club and rent elsewhere in the meantime.
 
Thomas The Cat said:
Why let green do a newco? Start your own and have fan ownership from the start you'll get Ibrox back in time after fans embrace the new club. You'll be able to sign players as you have no connection to the old club and rent elsewhere in the meantime.
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Could ground share with Celtic in the interim.
 
Thomas The Cat said:
Why let green do a newco? Start your own and have fan ownership from the start you'll get Ibrox back in time after fans embrace the new club. You'll be able to sign players as you have no connection to the old club and rent elsewhere in the meantime.
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Honest answer? Canny be bothered. Let sumby else do it and I'll join in. <laugh>
 
monaco is right - spl and cva is far and away best option - even with penalties a newco spl is better - realistically even if you get back to back promotion each year you will not challenge for the spl titles for 5 seasons id say

get newco spl and you are back in 2 or 3

or - and this is out the box i know - form a streetdance company instead
 
Thomas The Cat said:
Why let green do a newco? Start your own and have fan ownership from the start you'll get Ibrox back in time after fans embrace the new club. You'll be able to sign players as you have no connection to the old club and rent elsewhere in the meantime.
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I said this a while ago tell the guys in suits to **** off as they have well and truly ****ed you's and rent hampden, we did. In the long term this will probably benefit you more than be crippled in the spl for the next 3 years under the ownership of chairman with murray like ego's.

A cva/newco seems like a stop gap solution and you'll probably be back in admin just like portsmouth and all the other clubs in the next year(s).
 
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