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How would the 12 month signing ban affect a newco?


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I could be wrong,but how can a newco get punished ?

 

The ban is against the member club a newco is just that a new company in control of the same member club so the ban stays I think, as for the transfer of contracts if the player is already registered with the SFA it shouldn't be a problem the ban is on the new registration of players. We can still buy a player but we can't register him with the SFA so can't play him, a nice way of getting out of the restriction of trade arguement.

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The ban is against the member club a newco is just that a new company in control of the same member club so the ban stays .

 

If that's correct and i believe it is then why should the existing member club have to re-apply to join the SPL ?

 

If it's still the same member club and punishment is carried over to the newco ( if that is what road we are forced down) then surely that kills off claims from the darkside and some among our own ranks that a newco would not be the same Rangers football club as formed in 1872 .

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If that's correct and i believe it is then why should the existing member club have to re-apply to join the SPL ?

 

If it's still the same member club and punishment is carried over to the newco ( if that is what road we are forced down) then surely that kills off claims from the darkside and some among our own ranks that a newco would not be the same Rangers football club as formed in 1872 .

 

And there is the twist mate the bastards want their cake and eat it. We have to apply for the transfer of share/licence of the SFA from the oldco to the newco so they will say the punishment goes with it but the Mhanks are screaming that we can't take the history of that same club with us only the punishment.

 

You couldnt make it up.

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IMO, a newco is a fresh entity therefore can not have broken any rules or regulation. How can you punish a company that has broken no rules?

 

It's only newco when it suits them.

 

Just the same Rangers when it doesn't.

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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.

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