chilledbear

This. Surely not difficult.

I would rather he was at a Club in a higher League, but lets not condemn the move out of hand. Remember Bobby Russell came from Shettleston Juniors at 20 years of age. These lower Leagues can certainly toughen you up.

I guess we all knew, but reading this brings a tear to the eye. http://www.bbc.co.uk/news/uk-scotland-glasgow-west-15041278 A judge who froze £480,000 of Rangers assets has said the club's new owner recognises it could go under if it loses a disputed £49m tax claim. The detail emerged in a published opinion from judge Lord Hodge, who is hearing former chief executive Martin Bain's case for unfair dismissal. The judge said the takeover deal for Rangers had been structured to protect the new owner if the tax case was lost. He said this was "an appreciation...of a risk of insolvency". Mr Bain is pursuing a £1.3m damages claim against Rangers at the Court of Session in Edinburgh. He raised the claim alleging breach of contract following the takeover at Rangers FC by venture capitalist Craig Whyte from former owner Sir David Murray. 'Not persuaded' On 13 September, Lord Hodge granted a warrant to ring-fence £480,000 of the Ibrox club's assets, pending the outcome of Mr Bain's case, after deciding there was "real and substantial risk of insolvency". Martin Bain is suing Rangers for unfair dismissal This centred on the, as yet undecided, outcome of a disputed tax claim from Her Majesty's Revenue and Customs, which totals £49m in tax and penalties. In his written opinion, Lord Hodge stated: "I am not persuaded on the material placed before me that Rangers is presently insolvent on either of the tests of practical insolvency or absolute insolvency." The judge, however, said he did believe there was a genuine threat to the club from the tax case and believed the new owner fully recognised this threat. Lord Hodge referred to a circular sent to shareholders of Rangers on 3 June 2011. He stated that this document "disclosed that The Rangers FC Group Limited (formerly Wavetower Limited) had purchased 85.3% of the shares of Rangers for the cash sum of £1 and had given certain undertakings". Continue reading the main story â?? Start Quote I would have expected the chief executive of a public company to be aware whether or not his employment contract had the needed shareholder approvalâ? End Quote Lord Hodge Judge Lord Hodge said The Rangers FC Group Limited had taken over Rangers' £18m indebtedness to the Lloyds Banking Group, "and obtained an assignation of the bank's securities over Rangers' assets". According to the circular, this debt would be waived if Rangers had "not suffered an insolvency event within 90 days of the club's appeal in relation to the tax claim". The judge noted that until the case was settled, and the debt was waived, all investment in Rangers by The Rangers FC Group Limited would be treated as increasing the club's debt to it. Lord Hodge concluded that "this carefully structured deal" through which The Rangers FC Group Limited has secured a charge over Rangers assets and made the waiving of the club's debt conditional on a positive outcome to the tax case, "shows an appreciation by The Rangers FC Group of a risk of insolvency resulting from that claim". The judge added: "When I asked Mr Napier (Rangers QC) if he could clarify Rangers' position in relation to the HMRC claim for £49m...he was not able to assist as he had no instructions in relation to that matter. "I must therefore treat Mr Bain's assertions as to the extent of HMRC's claim as uncontradicted, although I acknowledge that the claim itself is the subject of an appeal by Rangers." Elsewhere in the opinion, Lord Hodge noted that Rangers pointed out that Mr Bain had a 39-month contract agreed with the club in September 2009. The club's QC said that a long-term service contract of this length was prohibited under the Companies Act 2006 unless it had been approved by a resolution of the members of the company. Mr Bain's QC said his client did not know whether the members of Rangers had approved the contract. Lord Hodge added: "I found that surprising as I would have expected the chief executive of a public company to be aware whether or not his employment contract had the needed shareholder approval."

He slows us down. The vital point about the second half on Sunday was the pace we moved the ball. The point about last night was the pace we didn't move the ball. That is where I would blame Ally, you could see after 10 minutes what was happening, he should have been on the touchline shouting.

Perhaps there was a figure discussed, and then one of the parties changed their mind.

Agree with this, having watched the game again, I must say both teams were rubbish in the first half. As I have said, we hit far too many long balls, can't agree with this at all, never good to give the ball away. Second half we were as good as I have seen us for quite a while, especially in these games. Their full backs were crap and we ran them ragged.

What I am trying to say is, the same people do the abusing. If the abusers were put away, there would be very few abuse calls. They are blaming football, instead of the culprits. IMO

Do the same ones not do it at other times of the year.

26 and 27 http://willievass.photoshelter.com/gallery-image/200911-Rangers-training/G0000o89Hpbwdge4/I0000eLi0sbsJQyk

I don't believe there are people who abuse their partners only on old firm week-ends. Alcohol will be the main cause, not football. Is football going to be blamed for every evil that happens in Scotland ?

I still think 4-4-2 leaves us short in midfield. We can usually get away with it in the the SPL right enough. I thought first half Sunday we hit too many long balls, whether because of being short in midfield, I'm not sure. But it is a fault in our play I wish we could eliminate.

This playing in Europe on a Thursday is a strange one. It only seems to affect a team from the East, heard it a few times on the TV yesterday. If they moved South of the river, it's never mentioned

Darren Clarke in the Ryder Cup summed it up when he said he would hold the ORANGE bit.

I posted this last week. 'McCoist has been trying to get McCulloch fit, a wee while last week, and a bounce game yesterday. I'm with Frankie, I think he will go with 5 across midfield, more trying not to get beat, than going for a win. Prove me wrong Ally' You just went and done it Ally. I thought it was a brave call, well done.

Anybody else think he should go there every Rangers v Celtc game ???????????

They met them twice??

He's beeling with Bain.

This talking to the Supporters is heady stuff. Pleasant change from the previous lot.

It could be, we would be able to sell them for the maximum, instead of players being on the last year of their contract.

Whytes brainwashed me. Either that or it's what the wife told me I could spend.

The' fiver for every tenner', was when I first began to question his stewardship of Rangers.

McCoist has been trying to get McCulloch fit, a wee while last week, and a bounce game yesterday. I'm with Frankie, I think he will go with 5 across midfield, more trying not to get beat, than going for a win. Prove me wrong Ally.

I wish people would stop the 'Bain is a Rangers fan'. He is an ex-employee trying to get money for unfair dismissal. Would anybody say, nah Rangers need a million, more than I do. I don't think so.

So did Murray know about this all along, or did it just come to light when the books were looked at during the takeover?

Not sure this case going on for years, is in Rangers best interests.