Quote:
Originally Posted by Henkesghost
You really don't bother with facts at all do you? It's happening again tick tock tick tock. Define liquidation? Oh and why are you not allowed to play in Europe, not that you'll ever achieve it. A new yes new club must have 3 years of accounts, your club has none. Yer a footballing non event now bye bye
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Ok explain to me this, a company doesn't win titles a club does! Fact one,
the club was bought before the old company that owned it went into the liquidation process, as the judge says also, the club is a separate entity from the business that owns it and can be bought/sold to another company, also explain why all the governing bodies, ECA, FIFA, UEFA, SPL, SFL, SFA all recognise that Rangers are the same club that started in 1872, and i quote from lord Nimmo Smith to your rep' a Mr McKenzie this...........In common speech a Club is treated as a recognisable entity which is capable of being owned and operated,
and which continues in existence despite its transfer to another owner and operator. In legal terms, it appears to us to be no different from any other undertaking which is capable of being carried on, bought and sold. This is not to say that a Club has legal personality, separate from and additional to the legal personality of its owner and operator. We are satisfied that it does not, and Mr McKenzie did not seek to argue otherwise.
It's pretty easy to understand, well, only if you are capable of accepting facts that is! your comment about the club must have 3 years of accounts is nonsense! It's the
business running the club that needs 3 year's accounts and that business is not the same thing as the club, yes, we must have 3 years Accounts for the company, the club is still the same club. Even your top shareholder Mr Dermot Desmond has said we are the same club, so get your facts right!