Rangers have sold their main striker for around £6 million, well under his true value. For some this represents the point the club lost the league. They are wrong though we lost the league because of Naismith's injury, or more accurately management's inability to cope with his enforced absence. Jelavic? Good player yes, but his heart is not in it and we can always find someone else to take the penalties.
Monday was the day the league became inconsequential. It's the day Craig Whyte publicly admitted he paid for Rangers by mortgaging the club's season ticket money for FOUR seasons and exposed the truth behind his takeover. Even assuming we were to win the tax case (unlikely) how exactly is the club supposed to fund its day to day operations without its primary source of income/cash for four years?
We have given the guy the benefit of the doubt. We were wrong. Rangers fans as a group have generally shown loyalty to the club this last year. There is a thin line though between loyalty and sheer stupidity. Too many were quick to dismiss the stories emanating from rangerstaxcase.com as blinded by bias when so far the majority of the key points raised on there by the mystery blogger have been proven to be correct. There is certainly a good deal of gloating on there but there can't be many left who subscribe to Mr Whyte's assertion that "what they are saying is 99% crap".
£25m was raised through the mortgaging of the season tickets. Jelavic has just been sold for £6m. Why? How have we managed to burn through £25m in half a season?
Even without the loss of the tax case we now owe well in excess of this £25m figure when unpaid NI/PAYE and general trade creditors are factored in. We only owed Lloyds £18m when he took over.
I am actually too angry at the moment to write in a considered and coherent fashion. Insolvency is now a matter of when and not if regardless of the tax case.
This weekend Rangers are facing Dundee Utd in the cup at Ibrox. I never ever thought I would say this but I believe the time has come for a boycott of this game and then next year's season tickets. Whyte is strangling the club and not a penny of the money fans spend will benefit the team. We are limping on with no obvious benefit to anyone except Whyte. Let's be done with it. We need to go through administration, cross our fingers that the wealthy Bears long rumoured in the Glasgow business community to be waiting to buy the business and assets (not the shares of the limited company which means taking on the liabilities) step forward and let us take whatever punishment is dished out by the football authorities. Rangers Football Club is not a limited company it is a football club, a tradition, a community and a need. It will survive through this but only if the fans face reality.
On Sunday Ally McCoist's biggest worry will no doubt be who plays up front. In truth he would be doing us all a favour if he resigned. Even now with today's news I think it will take something this dramatic to wake up some of our support. McCoist has been sold down the river just as much as the support. He more than anyone has the chance to come out and reveal what is really going on. Time to walk Ally and bring this dark, dark chapter to an end.