Stop press: charade continues

1208

Prospective Rangers owners, Brian Kennedy and the Blue Knight (I refused to continue to pluralise a singularity) have submitted a joint bid for the club, which they consider to be “substantial”, which should mean it’s worth a lot more than the £11.2m Bill Miller spoke about last week.

The offer is conditional on a CVA being approved and Craig Whyte’s shares being acquired.  For a CVA to be put to the unsecured creditors, the secured creditor, Craig Whyte, would have to be satisfied first.

Whyte’s security as a creditor is valued (by him) in the order of £30m.  All proceeds from the sale of the club up to this value go to him unless he waves his rights or is subject to lengthy legal challenge.  Only money over and above this value will be available to the non-secured creditors, most importantly HMRC and Ticketus.

So, unless Kennedy and the Blue Knight have bid considerably north of £30m, we’re not talking pennies in the pound, we’re talking pennies in the £100m.  In the event a CVA is concluded, Ticketus own circa the first 25,000 tickets sold for each game for the next three years.

Apologies for repeating the same story now for ten weeks: Craig Whyte is the only show in town, he always has been.  Unless you agree to purchase his shares and security, any bid is a fantasy.  I think I can hear Mr Whyte laughing from here.  Perhaps they’ll now stop blaming Raith Rovers.

Apparently, the charade continues.

One team in Glasgow,
There’s only one team in Glasgow.
One team in Glasgow,
There’s only one team in Glasgow.

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  1. okay , this will probably get lost in the quiz posts, and I am not smart enough to take part, but I have a couple of questions of my own…

     

    what the feck is Sandy Jardine all about?

     

    why does he get a platform?

     

    what is his purpose?

  2. Che:

     

     

    That Juggernaut is rolling down the hill of fate into the Wall of self-destruction…Sneaky, Murray, Jardine et al are all squeezed in the cab screaming like inconsolable babies that have lost their rattles…crazed eyes savagely popping at the inevitable outcome…as the wall gets closer…Sneaky takes over the wheel…but he canny drive…he’s an imbecile jumping on the peddle…a chimpanzee wearing a truckers hat…everybody else is trying to get out but the doors are locked…jammed…as the brakes have went…their locked in for the end…collectively closing their eyes as they dream of alternatives to the carnage to come…but the wall of self-destruction is immovable, invincible & inevitable…SMASH! CRASH! BANG! Then a serene sane silence reigns over the landscape of Scottish football.

  3. prestonpans bhoys on

    EurosportHD says “world snooker” on the header but press to look and get screaming women instead, what’s going on………………………

  4. Celtic Soul Brother- Supporting Kano 1000 on

    Okay.Usual scoring system-one point for any correct answer but 2 points for whoever answers first correctly.

     

     

    Round One :Red Mist

     

    1.Name the 6 members of the current playing squad who have been sent off for Celtic against the Huns.

     

    2. Name the 5 members of the current playing squad who have been sent off for the Huns against Celtic.

  5. TBB

     

     

    excellent synopsis

     

     

    Mccoist and Jardine …provide yet more reasons why we will all be better off by their demise …hopefully the last throes of the dying man

  6. I also watched the Mccoist interview and it really is a disgrace.

     

     

    I do not condone his words – far from it – but out of curiosity, is there any chance that between the comments that were interpreted as an apology and the denial of an apology, he was reminded to consider his own safety?

  7. RalphWaldoEllison-is Neil Lennon Season 2011-12 on

    The Battered Bunnet

     

     

    So McCoist, in addition to all the rest of his misdemeanours this week, is actually prepared to effectively admit that he knew who the panelists were before he recorded the interview on RFCIA TV.

     

     

    Are you there Mr Regan. Were you watching the interview with Lamont?

     

    Premeditation Mr Regan. This compounds his offence.

     

    I expect that nothing will be done in advance of Sunday’s game, but if no charges are intimated after that, then you have capitulated too.

  8. 1.Name the 6 members of the current playing squad who have been sent off for Celtic against the Huns.

     

     

    Foster Cha Rogne Brown

     

    Mulgrew Watt

     

     

    2. Name the 5 members of the current playing squad who have been sent off for the Huns against Celtic.

     

     

    Whittaker Edu Lafferty Papac Goian

  9. wonkyradar on 27 April, 2012 at 21:06 said:

     

     

    And stupid stupid ally tried to hit the brake but missed and put his foot on the accelerator instead.

  10. The Comfortable Collective on

    wanyama

     

    forster

     

    cha

     

    ledley

     

    brown

     

    emilio

     

     

     

     

     

    whitticker

     

    bartley

     

    lafferty

     

    bacanegra

     

    edu

  11. The Lizard King on

    1.Name the 6 members of the current playing squad who have been sent off for Celtic against the Huns.

     

    Forster

     

    Izaguirre

     

    Mulgrew

     

    Cha

     

    Wanyama

     

    Brown

     

    2. Name the 5 members of the current playing squad who have been sent off for the Huns against Celtic.

     

    Whittaker

     

    Bocanegra

     

    Naismith

     

    Broadfoot

     

    Edu

     

     

    HH

     

     

    TLK

  12. The Spirit of Arthur Lee on

    1 izzy

     

    2 forster

     

    3 mulgrew

     

    4 victor

     

    5 browny

     

    6 ch d rea

     

     

    1 whitacker

     

    2 bartley

     

    3 bocangero

     

    4 papac

     

    5 Edu

  13. Tim Malone Will Tell on

    forster, izzy, commons, wanyama, brown, mulgrew

     

     

    whittaker, boccanegra,

  14. 1 cha wanyama izzy brown rogne wilson (m)

     

    2 whittaker broadfoot elbows naisy laugherty

  15. Stringer Bell on

    Round One :Red Mist

     

    1.Name the 6 members of the current playing squad who have been sent off for Celtic against the Huns.

     

     

    Brown, cha, Vic, Charlie,, Forster, big glenda.

     

    2. Name the 5 members of the current playing squad who have been sent off for the Huns against Celtic.

     

    Mcgregor, Naismith, bocanegra, Whittaker, broadfoot,

     

     

    P.s. Healy should count in this answer. He deserves to. Turd.

  16. Hope we put the best team possible out against them on Sunday and give them a right doing.The next two games play some of the fringe & young yins Then on presentation day again play the best team against the minis and put them in their place. As Kojo says sounds good to me.Come on you Bhoys in green

  17. 1.Name the 6 members of the current playing squad who have been sent off for Celtic against the Huns.

     

    Izzy, Forster, Mulgrew, Cha, Wanyama, Ledley

     

    2. Name the 5 members of the current playing squad who have been sent off for the Huns against Celtic.

     

    Whittaker, Bartley, Bocanegra, Naismith, Papac.

  18. theglasgowcelticway on

    cha; wanyama;broon;forster;

     

    Whittaker,boconegra,broadfoot

     

    thought the quiz was off this week.

  19. jmccormick on 27 April, 2012 at 21:05 said:

     

    okay , this will probably get lost in the quiz posts, and I am not smart enough to take part, but I have a couple of questions of my own…

     

    what the feck is Sandy Jardine all about?

     

    why does he get a platform?

     

    what is his purpose?

     

    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++

     

    Simple answer to all your questions: hes a Head Hun

  20. TET

     

     

    I was too clever for my own good. I thought he’d been sent off against Rangers and thus missed the QOTS final. Turns out it was St. Mirren- easy mistake to make, eh Chico?

  21. Stringer Bell on 27 April, 2012 at 21:18 said:

     

     

    Aye didn’t come out as intended!! :-))

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