Quote:
Originally Posted by LondonRoad
If you're trying to look for similarities to what happened to Rangers (RIP) last year, then there are quite significant differences.
|
Yes. For a start Rangers were quite possibly the victims of criminal acts in their purchase, they were run into the ground by a man who the SFA and SPL were warned about numerous times yet did nothing to stop and were put in administration and had a CVA rejected on the basis of a tax bill that didn't actually exist. Hertz were just mismanaged and the plaything of an owner who got bored and threw them away.
When they rose again, as the same club according to the SFA, UEFA, FIFA and everyone else who has an opinion that actually matters, they play in the same stadium, in the same colours, with the same history.
Hertz probably won't have that. Tynecastle has a greater property value alone than what's being offered and the finances and holdings are remarkably complex. If the only current bidders to break cover and declare what they have money wise are club9 things look very bleak for them.
Quote:
Originally Posted by colin25
I see you are still trying to deflect the shame that Rangers brought to football (not just scottish football)
|
No I'm trying to make a serious point. Hertz are in the brown stuff very, very badly and the powers that be are sticking their heads in the sand. They already ignored them being insolvent and let Dundeeget relegated and now there is the very real chance of them going out of business mid season. That's before the £50,000 fine for going into administration BTW.
If they follow the precedent set by Rangers (same club according to everyone except the obsessed) then they will have to be demoted to the lowest league. How will that work when games have already been played?