Dieter's Heeder Posted January 8, 2018 Report Share Posted January 8, 2018 Very much doubt it. You don't go out and make a signing even just a loan to then go into administration almost immediately after. Can't see it, but would love them to go tits up. 0 Quote Link to comment Share on other sites More sharing options...
RAG Posted January 8, 2018 Report Share Posted January 8, 2018 3 hours ago, Fudger said: Heard on twitter it’s a group of Celtic fans who all bet on it and the bookies suspended it whilst investigating.... You wouldn't blame them! 5000 or 500-1 and Rangers to be relegated on a technicality is the bet of the season. 0 Quote Link to comment Share on other sites More sharing options...
C4mmy31 Posted January 8, 2018 Report Share Posted January 8, 2018 1 Quote Link to comment Share on other sites More sharing options...
RAG Posted January 8, 2018 Report Share Posted January 8, 2018 (edited) 31 minutes ago, piffer said: £1million losses in a month is crazy and can’t continue. That could be enhanced this month with no games for three weeks and the agents fees etc they will have to fork out over the transfer window. Not scooping up McInnes and Hearts renaissance along with Lennon at Hibs will not have been budgeted for either! Chuck in SC and ourselves into the mix and they could be goosed. The whole business models based on the other teams being weaker, poaching their managers, players and European football. Celtic will have 4 qualifying rounds for the Champions League next year, as league champions! Edited January 8, 2018 by RAG 0 Quote Link to comment Share on other sites More sharing options...
KillkieBoab Posted January 8, 2018 Report Share Posted January 8, 2018 1 hour ago, C4mmy31 said: It would be a 25 point deduction unfortunately..... https://www.google.co.uk/url?sa=t&source=web&rct=j&url=http://www.heraldscotland.com/sport/13215104.FIFA_step_into_new_row_over_Rangers__old_or_new_club__status/&ved=2ahUKEwi948e4r8nYAhUGCsAKHadXB20QFjABegQICRAB&usg=AOvVaw0veqiP7tXmwYYe4NlHSzoU Putting them two points behind Ross County. Oh dear, how sad, never mind. 0 Quote Link to comment Share on other sites More sharing options...
Asasaid Posted January 8, 2018 Report Share Posted January 8, 2018 (edited) Edited January 8, 2018 by Asasaid Killie since conceived in '66 0 Quote Link to comment Share on other sites More sharing options...
Fletch Posted January 8, 2018 Report Share Posted January 8, 2018 I wouldn't be surprised if Rangers are currently £20M-£25M in debt after last seasons losses and the way they've recklessly spent this season. If they're quite certain that a 15 point deduction won't have too bad an impact on them I wouldn't be surprised to see them take a voluntary administration event and I wouldn't be surprised to see them do it now. It would read to me that with the expensive Caixinha disaster and a huge wage bill that they need to cut drastically that they might see this as a way to cheat their way out of contracts. Into admin, release the big earners, no major fear of relegation. This would obviously be dependant on the transfer embargo issued. 25 points would put them bottom of the league but only by a few points. They probably would view even that as a way to clean the slate and finish mid table if they act now. 0 Quote Link to comment Share on other sites More sharing options...
CB Posted January 8, 2018 Report Share Posted January 8, 2018 37 minutes ago, C4mmy31 said: Third Lanark mair like. One for the olds there. 0 Quote Link to comment Share on other sites More sharing options...
Scooter Posted January 8, 2018 Report Share Posted January 8, 2018 Apparently they've been shopping around insolvency practioners to see if they can get it done on the cheap... https://philmacgiollabhain.ie/2018/01/03/a-hypothetical-administration-at-sevco/ 0 Quote Link to comment Share on other sites More sharing options...
Fletch Posted January 9, 2018 Report Share Posted January 9, 2018 1 hour ago, Dieter's Heeder said: Very much doubt it. You don't go out and make a signing even just a loan to then go into administration almost immediately after. Can't see it, but would love them to go tits up. Daniel Cousin? 0 Quote Link to comment Share on other sites More sharing options...
Scooby_Doo Posted January 9, 2018 Report Share Posted January 9, 2018 It would be a 15 point deduction as there hasn't been an insolvency event for five years. The creditors are mostly the board anyway so a CVA is more likely, presuming Hector is up to date. It would still be funny though. 0 Quote Link to comment Share on other sites More sharing options...
Scooby_Doo Posted January 9, 2018 Report Share Posted January 9, 2018 Added to that - a lot of people (mostly Celtic fans to be honest, hoping for juicy tidbits) avidly read the site Scooter linked to and John James. Both have been reporting on Sevco heading for the crapper for a few weeks. Since bookies base relegation odds on the actual fitba, the odds on Rangers are long. These folks pile in at 150-1, so the bookies suspend it because a lot of people lumping on at 150-1 for anything is suspicious. Irony is that if Sevco can't even afford to pay the administrators, then it's straight to liquidation and the bookies won't pay out anyway. Although I think most of them would be happy with that outcome anyway! 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted January 9, 2018 Report Share Posted January 9, 2018 10 hours ago, RAG said: I dont think so. Some bookie has cocked up offering an overly generous 5000-1 on them finishing bottom. Odds of that happening are not 5000 or 500 to 1. Nothing like it, hence why markets been suspended. Maybe 10-1 or 5-1 would be more realistic. 500-1 a crazy price given last 6 years of Scottish Football - bookies covering their backside here. Aye but all bookies? 0 Quote Link to comment Share on other sites More sharing options...
gdevoy Posted January 9, 2018 Report Share Posted January 9, 2018 It seems to be betting was suspended because the odds were much too long and the bookie could not underwrite the losses they would carry if they had to pay out. As someone else posted on this thread, 5000/1 is way too long for any team. There remains always a finite possibility of very unlikely events, even Ceptic could fall victim to a Nigerian investment scam. an air disaster or who knows. Nothing is certain and 5000/1 is just too big a hit for a bookie to take with 10,000 punters sticking a fiver on it. -1 Quote Link to comment Share on other sites More sharing options...
RAG Posted January 9, 2018 Report Share Posted January 9, 2018 (edited) 47 minutes ago, Squirrelhumper said: Aye but all bookies? It's as Scooby Doo was saying. The bookies have priced the market on what happens on the pitch, looks like there's a chance what happens off the pitch could impact on it. 94% of the cash placed for the bottom team is on Rangers, leaving the bookies exposed as they priced it wrong as a purely sports market or they just think that some Celtic fans got inside info. Could be a bit of hysteria after Murphy coming in on loan, or something much bigger. I suspect they'll dump the debt and (poor merchandising deals) for a 15 point deduction - after the top 6 split. Edited January 9, 2018 by RAG 0 Quote Link to comment Share on other sites More sharing options...
fmcc Posted January 9, 2018 Report Share Posted January 9, 2018 Remember, certain bloggers and 'obsessed' folk have been saying that they're going under again (sic) pretty much since they were allowed access into the 3rd Div. Until it happens, I'll not be getting my hopes up, but one things for sure, they're the gift that keeps on giving. 0 Quote Link to comment Share on other sites More sharing options...
PrestersKtid Posted January 9, 2018 Report Share Posted January 9, 2018 Guy at my work (celtic fan tbf) said this coming monday there might be movement on this. Something to do with ousting Dave King, his source apparently knows a guy on their board. I think if it were to happen they would only get docked 15 points though. You could say because they are a new club and this is their first offence or oldco have not been in admin for over 5 years so they get 15 instead of 25. Would be delicious if it happened again. Do enjoy some jelly and ice cream. 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted January 9, 2018 Report Share Posted January 9, 2018 1 hour ago, gdevoy said: It seems to be betting was suspended because the odds were much too long and the bookie could not underwrite the losses they would carry if they had to pay out. As someone else posted on this thread, 5000/1 is way too long for any team. There remains always a finite possibility of very unlikely events, even Ceptic could fall victim to a Nigerian investment scam. an air disaster or who knows. Nothing is certain and 5000/1 is just too big a hit for a bookie to take with 10,000 punters sticking a fiver on it. Cetlic could have an air disaster and still win the league. Also, the chances of an air disaster are slightly higher than 5000/1! 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted January 9, 2018 Report Share Posted January 9, 2018 20 minutes ago, PrestersKtid said: Guy at my work (celtic fan tbf) said this coming monday there might be movement on this. Something to do with ousting Dave King, his source apparently knows a guy on their board. I think if it were to happen they would only get docked 15 points though. You could say because they are a new club and this is their first offence or oldco have not been in admin for over 5 years so they get 15 instead of 25. Would be delicious if it happened again. Do enjoy some jelly and ice cream. I've seen the text he's seen, no way of knowing of where it came from. I would be surprised but delighted If there is any truth in this. 0 Quote Link to comment Share on other sites More sharing options...
Fletch Posted January 9, 2018 Report Share Posted January 9, 2018 1 hour ago, Squirrelhumper said: I've seen the text he's seen, no way of knowing of where it came from. I would be surprised but delighted If there is any truth in this. It's kicking around Twitter. It doesn't look terribly believable. Plus it starts "My sources say" which is generally around the point where I switch off. 0 Quote Link to comment Share on other sites More sharing options...
killieblues Posted January 9, 2018 Report Share Posted January 9, 2018 If I remember correctly, they were already about £38m in debt when they arrived back in the top flight. (or arrived for the first time depending on how you look at it!) 0 Quote Link to comment Share on other sites More sharing options...
Prahakillie Posted January 9, 2018 Report Share Posted January 9, 2018 15 hours ago, Dieter's Heeder said: Very much doubt it. You don't go out and make a signing even just a loan to then go into administration almost immediately after. Can't see it, but would love them to go tits up. The old Rangers signed some Swedish player on a 3 year contract in January 2012. 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted January 9, 2018 Report Share Posted January 9, 2018 44 minutes ago, Prahakillie said: The old Rangers signed some Swedish player on a 3 year contract in January 2012. They also tried to re sign Daniel Cousin whilst filing for Admin! 0 Quote Link to comment Share on other sites More sharing options...
Bullitt Posted January 9, 2018 Report Share Posted January 9, 2018 1 hour ago, killieblues said: If I remember correctly, they were already about £38m in debt when they arrived back in the top flight. (or arrived for the first time depending on how you look at it!) http://www.heraldscotland.com/news/15640863.Rangers_and_the_mounting___20_million_loan_debt_needed_to_remain_a_going_concern/ 0 Quote Link to comment Share on other sites More sharing options...
Prahakillie Posted January 9, 2018 Report Share Posted January 9, 2018 30 minutes ago, Bullitt said: http://www.heraldscotland.com/news/15640863.Rangers_and_the_mounting___20_million_loan_debt_needed_to_remain_a_going_concern/ "The club board say their forecast calculations are "critically dependent on the football performance for the current season and next season, including the participation in European football competition". " was that not where it all went wrong for the old Rangers? if it is performance dependent our hopes for Admin II are still very much alive. 0 Quote Link to comment Share on other sites More sharing options...
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