Friday, October 30, 2009

Rangers: What if? Worse Case Scenario

Here's an intriguing thought. I know Rangers Football Club are in financial difficulties following issues with their bankers Lloyds. They are looking at doing all they can in an attempt to stave off administration as a result, even considering a fire sale of the entire first team over the next 18 months. But my thought is what happens if they don't stop the worse?

I mean big teams have gone into Admin before now most notably Leeds. So what if Rangers were to do so? Being a supporter of a Scottish Club that has entered Administration I know what the precedent is that has been set. So if Rangers enter Administration will they face the same fate as Livingston, relegation to the lowest level of Scottish Football, with trips to Berwick, Montrose and Elgin to look forward to. Of course they'd also be guaranteed two trips to Hampden in the season to take on Queen's Park. Yeah Livingston are going to be at Hampden three times this season having already been there in the Scottish Cup to knock the hosts out last Saturday. But I digress.

If Rangers do go into administration and they are not relegated to the lowest tier, the owners of Livingston and indeed the creditors of wound up Gretna would have a case for a legal challenge that would throw the whole of Scottish football on its head. It would be challenged on the grounds of favoured status for the haves another for the have nots. I'm not even saying one rule for the rich one for the poor, Rangers's debt is £30m over 15 times what Livingston are said to have owed under Angelo Massone. So it would reek of the big cache of the Rangers name and any penalty not equivalent to the one that killed Gretna or the one that is disadvantaging Livingston's creditors would not go down well.

So after the precedent was set and voted on by a majority of the Scottish clubs who'd have thought that one half of the Old Firm may well have been next into the spotlight. I hope the worse doesn't happen this summer was a nightmare for me and all Livi fans, but if it does Scottish Football must be seen to be fair, no favourites.

1 comment:

Paul Freeman said...

It's not that I hope Rangers go into administration .... oh hang on...

If Scottish football was turned on its head, Rangers and Livi would return to the top flight and Celtic would be sent to the bottom.

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