Published on Thursday 12th April, 2012 by Celtic Trust
The announcement by the SPL of the proposed rule changes to deal with Clubs who fall into administration and/or liquidation has angered many Celtic fans and fans of other Clubs. The fact that it has also angered the RST on the grounds of being too severe is, at one and the same time, bizarre and entirely predictable given the state of denial in which that particular organisation exists. More importantly, however, is what we are going to do about it.
The Celtic Trust have asked for a meeting, as a matter of urgency, with Celtic to ascertain what their thinking is in relation to the vote on these resolutions. There have also been a number of calls from members and other supporters to look at boycotts of away games. In addition there has been a proposal from within the membership to let the sponsors of the SPL know that we will take action, in the form of boycotts and other actions, against them if they fail to bring pressure to bear on the SPL to maintain the sporting integrity of the league competition. Other members have already suggested that Celtic should tender their resignation from the league in protest if these resolutions are passed,
Whatever happens, and whatever action we choose to take, it is absolutely vital that we stand together on this one. Not only should all the Celtic supporters' organisations and individual supporters unite to defend the integrity of the game but, if at all possible, we should be standing shoulder to shoulder with the Club in opposing the introduction of a 'get-out' clause for Clubs who have effectively cheated for years on end and who have defrauded the citizens of this country.
If the SPL think they can be all things to all men on this one they need to be informed, and quickly, that nothing short of a robust and impartial defence of the integrity of the game will do.
A competition without integrity is not one which many people will be willing to pay money to watch - not now and not ever.
If ALL Celtic fans agree to a boycott of away games then this boycott must be without exception. Suffice to say, A TOTAL boycott must be observed including cup games ESPECIALLY those played at the National Stadium. This is where the SFA generate most of their income so it will hit them hard. Lets prove once and for all "We don't need the OLD FIRM".
Thanks for this Thai Tim. You would certainly not know this from the discussions we have heard so far.
Once a company is in liquidation the liquidator undertakes the following tasks:
Sell any remaining assets and collect any debts
Deal with any claims over the assets of the business – e.g. reservation of title claims
Investigate the affairs of the company and report on the conduct of the directors
Agree the claims from creditors as to how much is owed
Distribute any funds from realising the assets to the company’s creditors
Close the liquidation and place the company into dissolution
The whole liquidation process can take from 6 months to many years depending upon the complexity of the case and the issues to be addressed. Further details of the liquidation process can be found at http://www.liquidationhelp.co.uk.
Article Source: http://EzineArticles.com/1467573
So if Rangers FC are “liquidised” all Assets MUST be sold to pay off creditors. That means the sale of Ibrox, Murray Park and transfer fees for all players must be used to pay off the creditors.
Any Newco will have to put together a completely new squad of players, and presumably would need to RENT a football ground. There is no way this process could be done by the start of next season.
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