Quote:
Originally Posted by Bagor
What's not to like? When they went into liquidation they essentially ceased to exist as a registered member of the SFA.
The newly formed company/club can't automatically inherit a terminated registration and must rejoin the league. Why should they join at the top tier?
Technically speaking Rangers FC that was formed in 1872 has ceased to exist.
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Quote:
Originally Posted by Bagor
I'm well aware of all that but it changes nothing in that the matter was dealt with fairly.
I don't agree with all this baying for blood that you speak off.
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So if RFC went into administration, had their assets liquidated and can't automatically inherit a terminated registration, how on earth can the SFA even consider transferring existing punishments to Rangers newco? A transfer embargo and hundreds of thousands of pounds in fines for a new club, born out of the ashes of the previous debt-ridden one? Really?
This behaviour typically does not exist in the business sector over here. If your company goes into liquidation and has to start up again (newco), you are not liable for the debts of the previous failed enterprise.
The transfer embargo might kill of Rangers completely. They are hemorrhaging players and do not have the ability to sign new ones. How they are going to be able to field a team? 18-year olds?
The SFA feel that they need to be seen doing something - anything - over this issue, and through it they run the risk of eliminating one of the two most important clubs in the country. Goodbye future Sky/ESPN TV revenues. Goodbye gate receipts. Goodbye money.
If that doesn't smack of bloodlust, I don't know what does.
Rangers: SFA confirms the power to transfer punishments
The Scottish FA has confirmed it has the power to transfer existing punishments to 'newco' Rangers.
A year-long transfer embargo and fines were handed down to the previous incarnation of the club.
Rangers sought a Judicial Review at the Court of Session, which set aside the embargo and referred the matter back to the SFA's appellate tribunal. However, the SFA has revealed it can attach discretionary conditions to Rangers' application for membership.
Rangers received the embargo and a £100,000 fine from the SFA in April for bringing the game into disrepute.
In addition, the club was issued with a £50,000 fine for going into administration in February and a £10,000 penalty for failing to ensure that owner Craig Whyte acted within rules concerning fit and proper officials.
The transfer embargo meant the club could only sign players under the age of 18 for a season.
http://www.bbc.co.uk/sport/0/football/18873231