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| DISRUPTER |
 Posted: Fri Jul 13, 2012 9:17 pm |
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Joined: 16 Jul 2011
Posts: 755
Location: The "B" is for Bargin!
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I Think Anton Ferdinand is a Black Cunt,
But I am sarcastic so its ok.
Disgrace that the Scumbag got off scot free, i wonder how the Luis Suarez fiasco would have went down in court. |
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| Caomhaoin |
| Posted: Fri Jul 13, 2012 9:23 pm |
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Joined: 06 Jun 2005
Posts: 3472
Location: Madrid
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| It seems everyone had the cunt, and he is a cunt by all accounts, hung drawn and quartered before this went to court. No witness, no case and thats the way it has to be. I doubt anyone has changed their opinion of the man regardless. |
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| Loki |
| Posted: Sun Jul 15, 2012 7:05 pm |
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Joined: 06 Jun 2005
Posts: 932
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i'm a bit bewildered by European football at the moment. Teams like Liverpool are content to throw tens of millions at rubbish players and loan them out or sell them on for pittance (Carroll, Aquilani, Keane); AC Milan, the biggest team in the world when I was a kid, have sold arguably one of the best defenders going and a class striker to Ligue 1; Man Utd (who I follow) signed someone of blatantly inferior quality in shady circumstances for 7.5m despite clearly having financial difficulties, and spunked 16m plus wages on someone like Ashley Young when they've got a 38 year old, a Brazilian who can't seem to get fit and a sadly almost-retired from illness Darren Fletcher in the middle of the park..
...Man City effectively give a player 4 months leave for bringing the club into disrepute then welcome him back; you can loan a 28 year old on 200,000 a week out of the club to score against anyone except his owners (Utd did something similar with Howard a few years ago at a key moment)...Rangers are practically in the bin and Celtic think that's great for some reason, and Spain are good internationally. it's all very confusing. |
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| Shunyata |
| Posted: Sun Jul 15, 2012 8:23 pm |
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Joined: 23 Jul 2009
Posts: 1436
Location: Let's get fucked up
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Loki wrote: Rangers are practically in the bin and Celtic think that's great for some reason
I'm going to address that, because quite frankly, while it shouldn't need addressing, too many people are horrendously misguided about the "celtic-rangers relationship" and also what rangers have actually done for (or should that be to) Scottish football in the last 20 odd years.
You basically need to go back to the Marlborough family, and their sale to David Murray. Scottish football at this point was in a minor state of flux, with an Aberdeen side beginning to fall apart, a financially unstable Celtic, and a Dundee Utd team that wasn't quite there all challenging each other and Rangers for the first Division. David Murray saw a power vacuum and sought to fill it. And he did this in the same manner he'd accrued the ownership of Rangers FC - spending other people's money. You see, David Murray didn't purchase anything from the previous regime, he assumed control of their (at the time) £6m floating charge (ie. debt), which he then transferred from the club to Murray International Holdings, a shell of his company.
Once at Rangers, Murray gained a series of loans that were granted under dubious circumstances from the Bank of Scotland (later to become HBOS). The money from these loans were pumped into the club, but the debt transferred to MIH. Rangers had already had a few English players lured north by the promise of European football by Souness, but under Murray, Smith was able to lure players from all over Europe with promises of lucrative deals that the rest of the continent were simply unwilling to match. This in turn, guaranteed European football, which with the formation of the Champions League guaranteed more money which... Murray also went down the route of share restructures after seeking foreign investment, which allowed him to do things like seek £20m investment from ENIC and later, Dave King, then restructure the shares so their investments were worthless.
The rest of Scottish football were left to either chase Rangers down a financial black hole, or settle for looking at them in the distance. Celtic attempted to match them, leading to David Murray's infamous "for every fiver celtic spend, we'll spend £10" statement. After Celtic had a period of dominance under MON, Murray came out with a "share issue" to raise money for Rangers, needing £52m, the fans raised... £2m. Murray came out in public and stated he would put in the rest himself. What a hero. He did, in the shape of a bank loan, leveraged against... MIH. However, in the mid-2000s, Murray's empire began to crumble. HBOS themselves faced financial issues and Loyds bought them over. Murray had previously used the assets of his company to stave off the banks, now he had to use the assets of Rangers to do so - and he did this by selling off everything, bar the stadium and training complex (yes, Rangers, as a club, make nothing from their catering or car parking facilities), to shell corporations, and then using Ibrox etc as leverage in loans (massively inflating their value in accounts during the process). This meant Rangers were operating under debt and needed to save money, hence the (now) much-publicised EBT scheme (which it has been suggested certain players and directors were already on anyway). This leads right to the liquidation of Rangers FC.
It is great Rangers are in the bin. For Scottish football it means teams will downsize and cut their cloth to suit their means (Celtic have been a selling club for over a decade now, and without a (cheating) team to compete against, should continue in that). It means a realistic re-evaluation of the finances of the league and teams that will result in short term pain for long term gain. And lastly, it removes a blight on society who have robbed the taxman, individuals, the banks and most of all, the nation(s) of millions.
Incidentally, if you do the maths, David Murray has never put so much as a penny of his own money into Scottish Football. He has removed over £40m in dividends and bonuses. |
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| Loki |
| Posted: Sun Jul 15, 2012 8:43 pm |
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Joined: 06 Jun 2005
Posts: 932
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your comprehensive summary of Rangers is spot on. my (personal) take on it, as someone who used to work for Celtic, is that they're a horrible club with a plastic, atmosphere-less stadium that's trading on something of a false identity. I think they and Rangers deserve one another - though I take your points about Rangers' financial scumbaggery entirely - and would happily have them both wiped out.
all that said Rangers deserve everything they get but if we're going to consign teams to the bin based on financial irregularity and unfairness then a fair few will be going with them. |
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| GOLIATH |
| Posted: Mon Jul 16, 2012 4:19 pm |
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Joined: 07 Jun 2005
Posts: 4351
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THANKS SHUNYATA FOR THAT GREAT EXPLANATION.
I KNEW PARTS OF THE STORY, BUT THAT EXPLAINS IT! |
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| richardanthonyc |
| Posted: Thu Jul 19, 2012 11:26 am |
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Joined: 26 Oct 2010
Posts: 1045
Location: Longford
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Ledley King has retired  |
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