Zappa 0 Posted May 17, 2012 Share Posted May 17, 2012 I've been trying to get my head around why we were hit with the 12 month signing ban and now that the appeal has been rejected the question in my mind is what would be the story if we end up in a newco scenario? There's no clarification on this. Nothing has been outlined as to how the signing ban would affect a Rangers newco. Could the newco transfer the registrations of our current players at all? If so, then could the newco sign players to be registered along with the other players transferred? If not, then are the SFA essentially trying to block a newco, leaving us with nothing but U18s in a newco scenario? 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,831 Posted May 17, 2012 Share Posted May 17, 2012 It wouldn't affect a newco IMO 0 Quote Link to post Share on other sites More sharing options...
caseyjones 0 Posted May 17, 2012 Share Posted May 17, 2012 Existing players are omitted from the sanctions. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted May 17, 2012 Author Share Posted May 17, 2012 Existing players are omitted from the sanctions. They've said we can extend the contracts of existing players, but all of our existing players are already registered via our current company. If we exit administration via CVA then there isn't a question, but if we end up in a newco scenario and player contracts need to be transfered, then what's the story there as far as the SFA's signing ban is concerned? That's what I'm asking. 0 Quote Link to post Share on other sites More sharing options...
UCF2008 0 Posted May 17, 2012 Share Posted May 17, 2012 (edited) Existing players are omitted from the sanctions. Players who are currently registered can have their 'existing' contracts extended. There's no mention of a newco at all. According to the PFA the players would have freedom of contract in the event of a newco and meanwhile this ruling prevents us from signing ANY players (over 18) - including free agents. Edited May 17, 2012 by UCF2008 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted May 17, 2012 Author Share Posted May 17, 2012 It wouldn't affect a newco IMO What makes you think that Ian? 0 Quote Link to post Share on other sites More sharing options...
UCF2008 0 Posted May 17, 2012 Share Posted May 17, 2012 The more I think about this the more the uncertainties mount up. Is this another get out of jail free card for a newco or would the ban carry across along with the rest - ie our history, titles won, etc? If the ban carried across then yes, we would be left with an under 18' s squad and the only hope of holding onto any existing senior players would be to ship them out on loan for a season ...or resign our SFA membership ...now there's a thought 0 Quote Link to post Share on other sites More sharing options...
Owain 0 Posted May 17, 2012 Share Posted May 17, 2012 I don't see how it could affect a newco. If newco is a seperate company, with no debts and a new registration number then how can it be possible to apply this? Starting with a clean slate is the whole purpose of the newco. Otherwise no-one would bother with it. However, this latest crap does seem to me like we're having the newco option forced on us now. I was of the opinion that we should do all we can to get the CVA and hated the idea of div 3. I think after this evenings news my mind is changing. Newco & div 3 is our only way out of this IMO. Let them suffer, let us rebuild. 0 Quote Link to post Share on other sites More sharing options...
UCF2008 0 Posted May 17, 2012 Share Posted May 17, 2012 I don't see how it could affect a newco. If newco is a seperate company, with no debts and a new registration number then how can it be possible to apply this? Starting with a clean slate is the whole purpose of the newco. Otherwise no-one would bother with it. However, this latest crap does seem to me like we're having the newco option forced on us now. I was of the opinion that we should do all we can to get the CVA and hated the idea of div 3. I think after this evenings news my mind is changing. Newco & div 3 is our only way out of this IMO. Let them suffer, let us rebuild. Trouble is that we can leave debt's behind via a newco. We can even leave certain unwanted contracts behind. We don't however have full power over the situation - as the SPL are going out of their way to prove. Div3 is no escape either as this is an SFA ruling. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted May 17, 2012 Author Share Posted May 17, 2012 Newco & div 3 is our only way out of this IMO. I don't think it's the only way to go and I sincerely hope it doesn't end up that way. 0 Quote Link to post Share on other sites More sharing options...
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