RANGERRAB 3,307 Posted November 4, 2012 Author Share Posted November 4, 2012 After all he's said about SPL cannot believe CG would have gifted last season's prize money to them 0 Quote Link to post Share on other sites More sharing options...
54andcounting 0 Posted November 4, 2012 Share Posted November 4, 2012 it was in return for membership. Was it coughed up at 9.30am on the day of the Brechin game? Was that the aforementioned blackmail? (tango #9) 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 4, 2012 Share Posted November 4, 2012 Was it coughed up at 9.30am on the day of the Brechin game? Was that the aforementioned blackmail? (tango #9) it doesn't really matter it was oldco.money anyway. we were never getting it. Charles likes to make out he's been robbed but its really the creditors that were robbed. 0 Quote Link to post Share on other sites More sharing options...
tango 0 Posted November 4, 2012 Share Posted November 4, 2012 Not sure when it was coughed up but I do remember hearing at the time that was one of the conditions on us getting a license 0 Quote Link to post Share on other sites More sharing options...
frost 0 Posted November 4, 2012 Share Posted November 4, 2012 Our sharp operator of a CEO held the fate of Scottish football and ours in his hands and he folded like a cheap suit. 0 Quote Link to post Share on other sites More sharing options...
54andcounting 0 Posted November 4, 2012 Share Posted November 4, 2012 it doesn't really matter it was oldco.money anyway. we were never getting it. Charles likes to make out he's been robbed but its really the creditors that were robbed. Let me get this straight (excuse my ignorance) The SFA in order for us to get membership insist the money goes into the SPL coffers rather than the creditors so that the SFL can then have a vote to decide if we get to play in their league? 0 Quote Link to post Share on other sites More sharing options...
Ergatrude 0 Posted November 4, 2012 Share Posted November 4, 2012 Let me get this straight (excuse my ignorance) The SFA in order for us to get membership insist the money goes into the SPL coffers rather than the creditors so that the SFL can then have a vote to decide if we get to play in their league? No, we had been voted into the SFL already. The SPL/SFA made it a requirement that we waive our prize money as a condition for them giving us a membership share which we cannot play without. It all went down on that final day when it was boom or bust for us. 0 Quote Link to post Share on other sites More sharing options...
54andcounting 0 Posted November 4, 2012 Share Posted November 4, 2012 No, we had been voted into the SFL already. The SPL/SFA made it a requirement that we waive our prize money as a condition for them giving us a membership share which we cannot play without. It all went down on that final day when it was boom or bust for us. Right I'm slightly getting it but gs said this.... it doesn't really matter it was oldco.money anyway. we were never getting it. If we weren't getting it anyway, what was the deal? Probably better gs explains that rather than you Erga, cheers 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 4, 2012 Share Posted November 4, 2012 Right I'm slightly getting it but gs said this.... If we weren't getting it anyway, what was the deal? Probably better gs explains that rather than you Erga, cheers it seems to be, I say seems to be because there's a bit of deliberate misinformation going about but it seems like this. the money was to be left behind in the oldco. d&p insisted on this at one time and criticised tbk for making a claim on it. as such it really should belong to the creditors. however d&p came out and said they had sold it to green. green then surrendered it to the SPL. the whole thing reeks and I'm surprised no creditors have questioned it. what did they sell the prize money for? I doubt it was the 2.4 million we were due so if not what was going on. green likes to kid on the SPL robbed it from us but its far more likely they robbed it from the oldco. 0 Quote Link to post Share on other sites More sharing options...
Ergatrude 0 Posted November 4, 2012 Share Posted November 4, 2012 I think it's true we were never getting it. They would have withheld it citing the membership was revoked or that we broke rules or something. CG or D&P would have taken it to court if the SPL withheld the money and that would have meant the money would have been ringfenced, probably for a long time. The SPL needed this money, CG knew this.. but the SPL knew that CG knew this so used the membership as a gun to his head so he would waive the money which then saved Rangers and saved the SPL. All of the above may be wrong, but that is basically how I read it at the time. 0 Quote Link to post Share on other sites More sharing options...
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