tug benson
Survived the Tour O the borders 2013
- Location
- Alloa
Eh well I am a Rangers fan so I am going to post in here, you've just come on to tell lies and talk bull sh!t
Rangers Liquidation
- Thread starter edwardd67
- Start date
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KneesUp
Guru
What I understand cannot be a lie. I may be mistaken, of course. But I think legally it is quite clear that the 'Rangers' that was formed in 1872 does not exist anymore.
When a company is liquidated its business activities cease to exist. The business of Rangers FC Plc was football. When Rangers FC Plc was wound up, so were the football activities of Rangers FC Plc i.e. the football club and associated merchandising etc. The BBC recognised this fact when they observed that “The Rangers Football Club PLC is a public limited company registered in Scotland (company number: SC004276) and was incorporated on 27 May, 1899. When the current company is officially liquidated, all of its corporate business history will come to an end.” https://scotslawthoughts.wordpress....ers-fc-guest-post-by-johnbhoy/comment-page-1/
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User6179
Guest
You say legally it is quite clear Rangers that formed in 1872 do not exist , To be fair legally no football club exists , I believe the Company that runs the club only exists as a legal entity and the club/business is an asset of that company .
To be honest ,what does it matter , one side will believe one thing , the other side another.
If you go onto the Rangers shares page you will find like minded folk , both Celtic and Rangers who have debated this for 2 years on a daily basis .
KneesUp
Guru
no football club exists ... the company ... exists as a legal entity"
So they do exist then?
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User6179
Guest
Hong Kong is slow
What do you mean started a few leagues higher? , they started at the bottom , not demoted as you say though .
tug benson
Survived the Tour O the borders 2013
- Location
- Alloa
the company does...you can't kill a football club
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User6179
Guest
I am saying Rangers old company is in liquidation , the new company runs the club/business .
AndyRM
XOXO
- Location
- North Shields
Was there ever any chat about them going all the way down to the South of Scotland League? I don't remember (and I doubt it would have been more than wishful thinking by Sellick), plus I don't think the 'pyramid' was properly in place until this season.
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User6179
Guest
I doubt this would of been on the cards back then .
I wonder if say Hibs went bankrupt where they would start from now though ?
KneesUp
Guru
The new team started in Division Three - rather higher than any other new team might have expected to start.
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User6179
Guest
Actually they started in the 2nd division , there is no division 3 !
AndyRM
XOXO
- Location
- North Shields
Yeah I'm sure I'd have remembered. A move like that would have been mental, even for the clowns that run the game.
KneesUp
Guru
They did well to win the Third Division title then ...
http://www.bbc.co.uk/sport/0/football/21984540
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User6179
Guest
2nd division was the fair way I thought , I for one did not want special treatment and paying of old companies football debt was also fair , the signing ban was a bit silly though .