the gunslinger 3,366 Posted May 17, 2012 Share Posted May 17, 2012 The signing embargo wont affect a newco. However a newco would be unable to play in Europe as you need 3 years accounts before you can play in either the CL or EL. A newco of course would not meet this criteria for 3 full seasons, perhaps 4 depending on the timescales. This has always been my main problem with a newco route. Not the history, player registrations etc as all these are covered legally and to our satisfaction. It is the lack of Euro involvement (and cash) that will see this club on its knees for many years. Saving the existing company through a CVA is the only way to achieve a Euro licence. The history is our history and will forever be our history. Nobody can take that away if we dont let them. A newco would be able to assume our identity and history in a sporting sense, not a company formation sense. The players would all be moved automatically to the newco under TUPE legislation, as it does with every other business in the country that is bought over as a going concern. There is no way football is an exception to the laws of the land in this case. Employment law is very clear in such matters. and employment law allows everyone to decide if they will be tupe or not. but I agree with your post on the whole. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 17, 2012 Share Posted May 17, 2012 Ok I'll bite why would they not want to move to a newco, genuine question? 3 year euro ban. maybe spl sanctions. the domino effect if a couple of good ones don't and the squad quality is reduced. opportunity for a free transfer and big bucks. fall out with manager. head turned by agent. don't lime the new owner. youths that don't like Sinclair. all possibilities and I am sure there's more. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted May 17, 2012 Share Posted May 17, 2012 I have heard rumours Sinclair is a Celtic man, is this true? How can he possibly have our best interests at heart? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 17, 2012 Share Posted May 17, 2012 I have heard rumours Sinclair is a Celtic man, is this true? How can he possibly have our best interests at heart? most certainly true. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted May 17, 2012 Share Posted May 17, 2012 3 year euro ban. maybe spl sanctions. the domino effect if a couple of good ones don't and the squad quality is reduced. opportunity for a free transfer and big bucks. fall out with manager. head turned by agent. don't lime the new owner. youths that don't like Sinclair. all possibilities and I am sure there's more. Good points don't agree with all but time will tell. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 18, 2012 Share Posted May 18, 2012 Good points don't agree with all but time will tell. football is football if you offered any squad in the world the chance of free transfers about half would walk for one reason or another. most out of sheer greed. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted May 18, 2012 Share Posted May 18, 2012 I actually agree with this. Let us rebuild and watch the rest die. Half the SPL will be out the game by Xmas without us. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted May 18, 2012 Share Posted May 18, 2012 football is football if you offered any squad in the world the chance of free transfers about half would walk for one reason or another. most out of sheer greed. I'm hoping we have some with a few morals, honestly think Davis, Whittacker & Lafferty will out the first chance they get fingers crossed they prove me wrong. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted May 18, 2012 Author Share Posted May 18, 2012 (edited) Seems as though there's a lot of uncertainty as to the actual answer to the main question of this thread which is will the transfer ban be transferred over to a newco if the CVA is rejected and we end up in a newco scenario? I see a lot of people of seem to be quite certain that the SFA sanction wouldn't apply to a newco, but if our SFA membership & SPL share are getting transferred to the newco then I can't get my head around how we could argue that the sanctions wouldn't transfer too. Now, that might sound extremely negative, but hear me out! If they allow us to transfer our SFA membership & SPL share to a newco and insist that the SFA's player signing ban and fines along with SPL sanctions are transferred to the newco too, then why wouldn't the SFA have the power to transfer our European licence as well?? Edited May 18, 2012 by Zappa 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 18, 2012 Share Posted May 18, 2012 it will transfer. of course it will. 0 Quote Link to post Share on other sites More sharing options...
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