EASYJAMBOAUGUST 15, 2017 at 18:56       1 Vote  Homunculus August 15, 2017 at – The Scottish Football Monitor

EASYJAMBOAUGUST 15, 2017 at 18:56       1 Vote  Homunculus August 15, 2017 at …

Comment on On Grounds for Judicial Review by Cluster One.

EASYJAMBOAUGUST 15, 2017 at 18:56       1 Vote 
Homunculus August 15, 2017 at 17:53 I believe Supporters Voice Limited is a wholly owned subsidiary of Club 1872 Limited.If it isn’t speaking for Club 1872 then it’s difficult to imagine who it is speaking for. =========================Arguably it is only speaking on behalf of its members, and it is still just a minority shareholder in the club. I know it has a common board member with the club in Jame Blair,
Is there not a rule that says
“All members shall: (b) be subject to and comply with (i) the Articles (ii) this protocol and (f) behave towards the Scottish FA and other members with the utmost good faith”.
Sending out a statement with a clear attempt by Hibernian manager, Neil Lennon, to incite trouble and We also expect the SPFL to take action against Mr Lennon over his failed attempt to incite trouble.We hope that Police Scotland will speak directly to Mr Lennon over the coming days and at the very least give him a warning.
The SFA to take action and police scotland to give him a warning, Is not acting in the utmost good faith.
Or am i way off the mark

Cluster One Also Commented

On Grounds for Judicial Review
UPTHEHOOPSAUGUST 31, 2017 at 20:30
—— That Hearts what are they like, not selling a player undervalue to help make a strong rangers. Club 1872 statement and boycot to follow.
More news to follow….10 Ok i’m trying to get into this deadline day tickertape thing16

On Grounds for Judicial Review
ALLYJAMBOAUGUST 30, 2017 at 15:27  I am sickened by my club’s refusal to sell Jamie Walker to TRFC at a knock down price – by instalments. How dare any football club refuse to sell to the Govan club at whatever price.
Hearts have been burned before by an ibrox club when waiting for the final instalment. Why would they accept a sale of a player now to an ibrox club if the payment is in instalments.They may be not as cash strapped now and don’t have to accept a deal from an ibrox club.
Hearts have agreed a cut-price deal with Rangers over the remainder of the transfer fee for Lee Wallace.
The cash-strapped Tynecastle club were due to receive £500,000 this summer as the final payment on his £1.5m move to Ibrox in July 2011.
But BBC Scotland has established that the clubs agreed last week Hearts would receive £400,000 immediately as full and final payment for the defender.
The Scottish Football Association insisted Charles Green’s consortium must pay all “oldco” Rangers’ football debts when it transferred the club’s membership to his “newco”.

On Grounds for Judicial Review
ALLYJAMBOAUGUST 31, 2017 at 11:58  the refusal of our clubs to make it clear that TRFC are not ‘Rangers’ will cost them all (with the obvious exeption of Celtic) as young, impressionable players, continue to believe they have the oportunity to sign for that once mighty club. I am sure the likes of Jamie Walker would believe the media’s published view that this ‘Rangers’ ‘return to glory’ is just around the corner, and sees signing for them will take his career to heights unimaginable at Hearts.
Like the Lad Ryan jack.
“Obviously coming to a club like Rangers, it’s always exciting and the European football is a massive appeal. That’s something I’m looking forward to, a European night at Ibrox.
He got his wish “A” European night at Ibrox.

Recent Comments by Cluster One

To Comply or not to Comply ?
GUNNERBJULY 15, 2018 at 20:04
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CLUSTER ONEJULY 15, 2018 at 19:25____________________
Thanks for the correction CLUSTER ONE, Hummel Park is not part of the Close Bros security and I seem to remember Sport Scotland still have an interest in that facility
Something i was pondering on when unsure about the security on the hummel training centre from earlier,and your post just reminded me.
Does sports scotland have any say on the naming of the training centre?
If hummel are giving the ibrox club money to rename the centre do sports scotland get a share?

To Comply or not to Comply ?
REDLICHTIEJULY 15, 2018 at 20:06
(a) DCK/NOAL have a problem getting money out of SA – this was stated in court(b) Rumours of directors seeking to have their loans repaid(c) Rumours of directors resigning(d) A need to repay or extend the Close loan in the coming year(e) Nearly everything is in hock to Close(f) legal action against DCK/RIFC/TRFC is underway on various fronts with uncertain consequences if they go against these folk.
At what point does this translate into a formal recognition by the interested parties (RIFC/TRFC Boards, SFA/SPFL & Campbell Dallas PLUS Close) that “a material uncertainty would exist which may cast doubt over the company’s ability to continue as a going concern…”?
By asking questions like that you have no hope of getting a job on the SMSM16

To Comply or not to Comply ?
TIMTIMJULY 15, 2018 at 19:29
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JC  – I believe the same club* scenario only came into play when it was clear the supporters weren’t going to back Green,
Only 250 season tickets sold july 6,2012

To Comply or not to Comply ?
CLUSTER ONEJULY 15, 2018 at 19:25
—–But if i remember there was something about “other securities”
 the stadium catering outlets the Ibrox public address systems  the bowl TV and the WIFI system 

To Comply or not to Comply ?
GUNNERBJULY 15, 2018 at 15:00

Just wondering about the engine room subsidiary finances. Is it that the directors of RIFC have loaned money to RIFC who have then provided funding to their loss making football operation? Have Close bros loaned directly to TRFC and this is secured on Hummel Park and other bits and pieces owned by TRFC? What happens in the event of TRFC not being able to meet bills as they fall due and the parent company are in no position/unwilling to offer further financial support.
Was looking up the close brothers loan to see if it was secured against no longer murray park,now called Hummel training center or something.
RANGERS have lodged details of a finance company’s security over a £3 million funding facility against a car park and a derelict building.
Security documents now lodged with Companies House confirm that both properties have been put up as collateral for the funds which come after the board said they were faced with a multi-million pound shortfall for this season and next season.
But if i remember there was something about “other securities”
Someone with a better memory will keep us right04
What happens in the event of TRFC not being able to meet bills as they fall due.
Rangers managing director Stewart Robertson had insisted there was no risk of club chairman Dave King and his fellow investors withdrawing their backing.
The board said it had discussed the club’s forecast cash shortfall and reached agreement with Mr King’s New Oasis Asset Ltd company to provide additional loans as necessary.
Dave King and other investors had agreed to extend their exisiting loan facilities to July, next year.
The board said at the time that it was “satisfied that those parties will continue to provide financial support to the company and have satisfied themselves to the validity of the undertakings”.
And directors have acknowledged that without the assurances then “a material uncertainty would exist which may cast doubt over the company’s ability to continue as a going concern…”
The board said that financial support committed before the new credit facitlity was sought “more than covers the projected the shortfall for this season and beyond”.
Sorry for long post.

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