Sunday afternoon statement from Rangers - clarifies the position over end of season payments/loans

[mdingwall]

Rangers have received many media enquiries regarding how our own resolution is progressing.

A spokesman for Rangers advised that Rangers Company secretary, James Blair, has had several email exchanges with the SPFL legal adviser, Rod McKenzie.

Remarkably, we have learned from an email received from Mr McKenzie that our proposed resolution is deemed unnecessary because the SPFL board already has the authority to provide loans to member clubs which can be exercised by the SPFL at any time.

The Inverness CEO, Scot Gardiner, confirmed on national radio yesterday that SPFL representatives made it clear on several conference calls that it was necessary to approve the SPFL resolution in order to release funds which would relieve the financial hardship being experienced by many clubs.

Member clubs will be shocked to learn this is not the case and any club facing short term financial difficulties should request a loan from the SPFL immediately.

Our resolution was never intended to release end of season fee payments but instead to provide loans as an advance on such payments. It is now apparent that this is already within the power of the SPFL.

This provides further evidence that an independent investigation is urgently required.

 

[Valley Bluenose]

F*cks sake, so they don't need our Resolution to pay out loans in advance of end of season prize money. SPFL have shot themselves in the foot here. Why not just tell us that rather than say our Resolution is 'not competent'. Wankers.

 

[insanicdrunk]

So they have fucked it, vote for this or no cash as this is the only way, but we do have a way to give you cash but we wont talk about that as we want to 'end' the season.

Boom!

 

[TheBlueLizard]

Doesn't give any clarity on the missing vote fiasco.

 

[GazzaG]

Doesn't give any clarity on the missing vote fiasco.

The statement is from Rangers.
We voted.

 

[dh1963]

Corrupt bastards, their whole season ending resolution is built on a lie

 

[Willger]

Crucially, all club chairmen will now know they are being led up the garden path.

 

[The Crimson King]

F*cks sake, so they don't need our Resolution to pay out loans in advance of end of season prize money. SPFL have shot themselves in the foot here. Why not just tell us that rather than say our Resolution is 'not competent'. Wankers.

Because had clubs known that before the vote, they would not have felt pressured into voting yes.

 

[insanicdrunk]

Doesn't give any clarity on the missing vote fiasco.

Thats not our (public) issue at this time.

 

[Mr Wilton]

How incompetent are the SPFL that they’ve dug themselves into such a hole and are continuing to do so! Take them to the cleaners Rangers!

 

[JD1872]

If I’m understanding this right we also still have the information the whistleblower brought forward.

This is just a wee taster

 

[TwoBadMice]

So they held the clubs to ransom utter shower of arse’s

 

[Brick_Top]

Corrupt lying bastards.

Every club has been financially bribed based on a lie.

The SPFL needs gutted.

 

[dh1963]

So they have fucked it, vote for this or no cash as this is the only way, but we do have a way to give you cash but we wont talk about that as we want to 'end' the season.

Boom!

Exactly!

 

[kirkiebluenose]

So the rules are already in place for urgent financial payments but the SPFL deny they exist

 

[PaisleyBlueBear]

Fucking hell. Proof that the SPFL / Scum fc are blackmailing clubs to vote Yes.

 

[Blueranger45]

Doesn't give any clarity on the missing vote fiasco.

it got "lost" like most things in Scotland or Dundee have tried to use it as a bargaining chip for down the line with certain clubs

 

[stonewall Jackson]

So McKenzie is now confirming the letter McLellan sent out today is in fact lies regarding payments.

 

[insanicdrunk]

Its often not the lie that gets you, but the cover up. Lets hope its true here.

 

[Theresa May]

Doesn't give any clarity on the missing vote fiasco.

Patience dear boy, patience.

 

[Zwingli'sSausages]

F.ucking scum

 

[belshoi's bluebell]

Rangers have received many media enquiries regarding how our own resolution is progressing.

A spokesman for Rangers advised that Rangers Company secretary, James Blair, has had several email exchanges with the SPFL legal adviser, Rod McKenzie.

Remarkably, we have learned from an email received from Mr McKenzie that our proposed resolution is deemed unnecessary because the SPFL board already has the authority to provide loans to member clubs which can be exercised by the SPFL at any time.

The Inverness CEO, Scot Gardiner, confirmed on national radio yesterday that SPFL representatives made it clear on several conference calls that it was necessary to approve the SPFL resolution in order to release funds which would relieve the financial hardship being experienced by many clubs.

Member clubs will be shocked to learn this is not the case and any club facing short term financial difficulties should request a loan from the SPFL immediately.

Our resolution was never intended to release end of season fee payments but instead to provide loans as an advance on such payments. It is now apparent that this is already within the power of the SPFL.

This provides further evidence that an independent investigation is urgently required.

St Mirrens ex Chairman said on RS earlier the only person who can understand the SPFL rules is Rod McKenzie.

Clearly not.

 

[Der Berliner]

But sure that was an honest mistake by the right honorable Mr. McKenzie!

 

[Virgil Hilts]

Corrupt bastards, their whole season ending resolution is built on a lie

It revolves around the premise that CeItic want an unearned title pronto.

There will be sponsors bonuses contingent on #9*

 

[Marstonbear]

It seems clear to me that the SPFL, assuming they had the best interests of their members at heart, would have at some point advised all clubs that “anyone experiencing financial problems due to COVID-19 should contact us to discuss a loan”

The fact they do not appear to have ever communicated this tells you all you need to know about the SPFL

 

[Mview83]

Timing is everything Bears

 

[Gordy Boy]

This is a parallel universe.

Someone wake me up once it's done.

 

[Disco Deejay]

The only paper McKenzie will be shuffling at the moment is Andrex.

 

[GazzaG]

If I’m understanding this right we also still have the information the whistleblower brought forward.

This is just a wee taster

Separate entities mate!

The whistleblower evidence was in relation to the attempts to bully clubs.

 

[Scrubs UK]

Bullseye.

Absolute bullseye.

The ace up our sleeve beyond this which would bury them is the evidence which will be given out at an independent inquiry.

 

[Not2shabby]

F*cks sake, so they don't need our Resolution to pay out loans in advance of end of season prize money. SPFL have shot themselves in the foot here. Why not just tell us that rather than say our Resolution is 'not competent'. Wankers.

It's a piss take mate, you know it , I know it, every twat knows it

 

[Echo_1]

So we have it in writing from Rod Mckenzie that the reason our resolution couldn't be put forward is because they already have the power to issue these loans?

But responded in a public statement saying it was incompetent and pointed towards the wording of the resolution?

Surely, I mean no chance in hell can they talk themselves out of this one.

 

[Virgil Hilts]

.....

 

[Alex Venters]

Crucially, all club chairmen will now know they are being led up the garden path.

....and some will still follow their leader.

 

[TukTuk to Bangla]

Crucially, all club chairmen will now know they are being led up the garden path.

This is it, hopefully we now see a few speak up.

 

[SuperGers07]

Doesn't give any clarity on the missing vote fiasco.

Nor should it. We do not give evidence away for them to simply try blame someone else. We want them all out. Patience

 

[4ladsHAD]

Patience dear boy, patience.

ITK or guesswork ?

 

[DJ Blue]

Trying to dig their way out a hole by digging a bigger hole.

 

[Scrubs UK]

Also this -

When a governing body is not only refusing to consider options to benefit members clubs but is actively lying to those member clubs then calls for an investigation are fully merited.

 

[super coop11]

corrupt to the core

 

[Robert Prytz]

Drip feeding the evidence , like it.

 

[Brother Crockett]

So, do I read this correctly? There is a mechanism whereby short term loans can be issued to clubs (based on future prize money??). This power already exists. However, this fact was denied by the Celtic Cabal in order to force through the reconstruction and the tainted title. What was in fact already in existence and possible was offered an an inducement to the clubs.

 

[weetam3106]

Honest to God if those clowns were in Harry Potter they’d be in slytherin. They are snakes.

 

[Sancus]

So McKenzie is now confirming the letter McLellan sent out today is in fact lies regarding payments.

That’s what I took from it. McKenzie is contradicting McLellan.

 

[Geerfc19]

If I’m understanding this right we also still have the information the whistleblower brought forward.

This is just a wee taster

I like it

I mentioned this earlier in another thread. It's exactly how you should play it. Drip feed them and let them hang themselves. Which is what's happening.

Sometimes you don't need to deliver the hard blow in the end up

 

[belshoi's bluebell]

Drip feeding the evidence , like it.

Best way. Death by 1000 cuts

 

[The Pontiac Bandit]

Doesn't give any clarity on the missing vote fiasco.

We can't get involved in that openly....yet.

 

[dh1963]

Surely to God other clubs will now speak up and ask for the vote to be abandoned.

 

[BertsEBT]

So McKenzie is now confirming the letter McLellan sent out today is in fact lies regarding payments.

It would be a shame if they started pointing fingers at each other as this unravels

 

[Number Six]

The SPFL hold guns to clubs heads and say pass this resolution and you get prize money on Monday, vote no and who knows how long it could take to get prize money released (weeks months)

So the SPFL put in the rules to their resolution that if you vote ‘YES’ you can’t change it but if you vote ‘NO’ it can be changed within the 28 days

After the votes are in and they almost have enough ‘YES’ votes that can’t be changed they then confirm via their lawyer that they can in actual fact release funds to clubs at any point they want (the schematics is the term prize money or loan which are in essence both the same thing here)

Creatures