How is it possible, in the best interests of our SPS, that Operation Ibrox hides behind a secret agreement granting them immunity? Let us hope that the following will help to illustrate that the creditors of the Oldco Rangers were narrowly defined in the 5Way and do not allow open end liability to be imposed on Newco. The agreement itself was intended to bridge the legal gap between the two companies (Oldco and Newco) regarding the conditions under which the SFA would transfer Oldco membership to the SFA and the league bodies that would allow Newco to operate a football team in its competitions. It is simply a contract that governs the privileges granted to a new company in exchange for the assumption of certain debts of the former entity. From a legal point of view, Newco could not be held responsible for Oldco`s debts unless it agreed to assume them. That was the quid pro quo. In case of dispute about the agreement, case is clearly competent. It is very strange that the three bodies that talk about Scottish football come together with a society that cannot maintain its membership in two of them and which can quickly follow its newly created and appointed successor to the structure. This agreement will then be kept secret. www.vanguardbears.co.uk/the-five-way-agreement.html “We are pleased to confirm this agreement on all outstanding issues regarding the transfer of scottish FA member between Rangers FC (in administration) and Sevco Scotland Ltd , which will be the new owner of The Rangers Football Club.
A conditional membership will be issued Sevco Scotland Ltd, which will be the new owner of the Rangers Football Club. » . I don`t buy trade secrets! There shouldn`t have been a chord wrapped on the pants legs! In the end, Sevco were not allowed to play in the Scottish Fitba. End of the. This document is confidential for a reason. The content of the document will not be too well received with the football (and probably above) public. Treating the payment of public fees with such contempt is a detestable practice, but easily fits with the SFA mantra This document is contrary to all the laws of the game because of the illegal purpose of its design. If there was something integrity in him. Even a hint of honesty would surprise me very much.
It`s just a charter of crooks, built and entered by crooks, and for the sake of crooks! This document is only an attempt to legitimization of their actions, if the Brown substance were to hit the most confused thing! An ass cover maneuver at the highest level! A piece of corrupted paper to protect the corrupt The word “confidentiality” used as a veneer of seriousness. It`s a secret! No more, no less. A secret between our governing bodies, a disgraced Oldco and a cabal of secret investors who qualify a Newco. A Newco that is not allowed to participate in our leagues and trophies. The organizations involved in this document are breaking the rules of the game. As such, they are…. Crooked, bent, corrupt! It`s a secret society. Our support has been treated hard in the agreement and the rest of the country really thinks we have been slipped into the league that was established at the back of the deal. Despite the fact that many clubs around the world continued intact after similar and identical financial issues. No other club has the level of punishment that our rules have changed to move us away from the league and degrade us 2 levels under a club that, in my opinion, was guilty of the worst possible offense.
Match fixing and bribes for years, Juventus In fact, I would go so far as to say that if the Newco Rangers simply accepted the SFA`s jurisdiction to hear the case, he would have been buried quietly.