The High Court in Edinburgh was treated to more financial gymnastics today as those associated with Coral tried to justify not paying out on Rangers being relegated in 2012 without using the dreaded L word.
A number of representatives of the booky were questioned as they wriggled around trying to explain how a club and company which they claim to be the same can move from the SPL to the Third Division of Scottish football without being relegated.
A long day, thanks everyone for RTs etc. Was hard not to laugh out loud at some of your great comments.
🙂
— James Doleman (@jamesdoleman) January 18, 2017
Clare “The new Rangers applied to go back into the lower divisions is how I understand it.”
— James Doleman (@jamesdoleman) January 18, 2017
Intrepid reporter James Doleman kept thousands amused and entertained as various excuses were put forward to explain why the booky had refused to pay out on a £100 bet thatwent into liquidation was priced at 2,500/1.
Corals were forced into a number of awkward moments rather than admit that the club that competed in the 2011/12 SPL went into liquidation during the summer and haven’t kicked a ball since- blowing apart the bizarre survival myth hatched in the months following the death of a so called institution.
Coral are in the process of merging with Ladbrokes, sponsor of the SPFL who share the same PR company as the cash strapped Ibrox tribute act.
Counsel asks why Vaughan Williams’ report fails to mention they ended up in the 3rd division?
“I was comparing the constructive parts”
— James Doleman (@jamesdoleman) January 18, 2017
Counsel “it’s not transparent if you just make up the rules after the event”
Vaughan Williams refers again to “common sense”
— James Doleman (@jamesdoleman) January 18, 2017
Counsel notes report says “Rangers were not relegated in any real sense of the word’ but later “,there is no set definition of relegation.”
— James Doleman (@jamesdoleman) January 18, 2017
Counsel asks Vaughan Williams if his report is “just what he was told” by Coral.
Replies it was based on documentation received
— James Doleman (@jamesdoleman) January 18, 2017
Clare “question if it is the same Rangers or a new Rangers, is a different company.”
— James Doleman (@jamesdoleman) January 18, 2017
QC now shows Clare a printout of an article from Coral’s website
Rangers are back in the big time..After being relegated.”
— James Doleman (@jamesdoleman) January 18, 2017
Clare “Coral does not believe Rangers were relegated.”
Poole asks about online promotions and their news site..
— James Doleman (@jamesdoleman) January 18, 2017