Oct 312012

Court of Session Delivers Final Blow to OldCo (In Liquidation)


“Whilst over at Ibrox…”


“irony – noun (plural ironies) – the expression of one’s meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect”

“karma – noun (mass noun) – the sum of a person’s actions in this and previous states of existence, viewed as deciding their fate in future existences.”


Today, the Court of Session in Edinburgh officially agreed to allow Rangers Football Club to be placed into the control of liquidators, BDO. This is the end of a long and tumultuous road for the OldCo.

Of course, for those of you who may not have noticed, today is Halloween, a day of festivities linked to the Celtic Samhain of old. The Samhain, which stemmed from the Celtic nations of Scotland and Ireland, has gradually been overtaken in popularity by it’s pumpkin carving, door chapping, trick or treating counterpart. The Samhain celebrates the end of harvest season, and the beginning of the darker half of the year.

However, over the course of time, the world develops and progresses. And, just as Samhain has been outshone by it’s newer rival, so to has the success of one Football Club contributed somewhat to the demise of another. Rangers Football Club was founded in 1872, and it has now drawn it’s final breath in 2012.

In 1888, an upstart in the east end of the city set sail on a proverbial voyage that would, less than one hundred years later, lead them to the pinnacle of the footballing world. Celtic’s European Cup victory will live forever in the tales and stories passed down the generations, both from those old enough to remember it, and those lucky few who fortunate enough to witness it first hand.

When Rangers failed to break Celtic’s record of nine league titles in a row, those in charge of the Ibrox club would choose a path which led to the court hearing chaired by Lord Hodge this morning. Emulating the Hoops’ achievement in 1967 was now the ultimate goal, and Murray and co were determined to use any means necessary.

The financial doping and tax evasion which ensued would soon come to cripple the club, which has finally been put out of it’s misery today. Despite all of this, Rangers Football were unable to match Celtic’s feat and become the Champions of Europe. The reference to karma, in this regard, is fairly clear. “Cheats never prosper” after all.


In the style of Mr Brown, “Buy aw ra shares”


“So, where does the irony come in?” I hear you ask.

Well, it’s beautifully simple. Not only were Rangers driven into the abyss by a man called Whyte (on his magic train, remember? He was, eh, the driver, eh, but, eh, it was Sir David Murray who eh, set it on that track), and not only was a new club founded by a man called Green, they were placed into administration on Valentine’s Day (a day of peace, harmony and love) and banished from the land of the living on Halloween (the day where evil creatures are said to emerge to stalk the world).

The “zombies” officially became “zombies” on Halloween. I mean, seriously, you couldn’t write this stuff. And, best of all, there’s likely still many laughs to be had in the future, as Mr Green’s NewCo “share issue” creeps closer, and BDO take the reins of the OldCo at last.

Karma’s a cruel mistress, eh?




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