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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shady
very emotional night…
over nd our bhoys…
Rip Pablophanque, I would not have met so many fantastic people without your influence & example.
Looking forward to Kano night tomorrow. BEST advice I can give for anyone going is…..
DON’T GET STUCK STUCK BEHIND MWD IN THE BUFFET QUEUE ;-))
hh
bjmac
HT
I’d happily take you up on that.
Now that would be one powerful statement.
Walk out an congregate outside Main Stand sing our fun king hearts out.
MWD
Moonbeams
A lovely hymm would suffice to diffuse their hatred.
Any suggestions ?
bjmac – a buffet you say. You better be kidding! ;-)
BJmac
God help capatalism with you on the business ownership model.
Holy macaroni!!!
With the Carluke Shamy there I’m sure I’ll be last in the Queue. Warned Richard off today to keep that mic away from me.
MWD
MWD
Too short notice sadly.
If we’re going to get our point across, now and in the future, then any protest or demonstration must be focussed and organised. I like the GB’s idea for Sunday though, if everyone participates then visually at least it will have the desired effect.
Bjmac
Well done, there’s something special about being your own boss.
As someone better than me once described it. ‘It’s so great to no longer have one single boss to kick yer ass. Now you’ve got loads (clients)’
S
Crank it up now, a proper rebel song, superb violin btw.
http://www.youtube.com/watch?v=jTJQkhWZekI&feature=related
G64
‘Make me a channel of your peace’
Quite apt I think :-)
Sorry if this has been posted already.
Ally McMoist football video game
There have been numerous games throughout the history of the genre which have fallen by the wayside: Sierra’s Ultimate Soccer Manager, Elite’s Complete Onside Soccer and… Ally McCoist’s Director of Football.
Released in 2001, the game allows you to manage some of the less glamorous sides of the game, including the expansion of your stadium, negotiating contracts and finding sponsorship. If you ever wanted to be part of the decision making process on the number of car parking spaces by your stadium, you genuinely can in this simulation.
At the end of each in-game season your club is presented with a tax bill, but you can decide to risk further repurcussions by only paying a fraction of the money owed.
The screen reads: “You can reduce the amount of tax by 50 percent, at the risk of being caught and facing a large fine. Do you wish to adopt this tax evasion?”
Back to the future anyone……..
Gordon64
I’m the non organised religion type. I don’t do hymns.
Would love a wee rendition of Four Green Feilds though.
MWD
CSB,
That was a great wee track.Like the title.
Here’s one of the best white soul/blues voices ever.And the band aren’t too shabby.
http://www.youtube.com/watch?v=wIjUY3pjN8E
Steve would have been 50 tomorrow and Steve being Steve
would not be happy if we didn’t wait till midnight…
Spanish, Irish, who cares
http://www.youtube.com/watch?v=Z9mH0rPunmg&feature=related
help nwrdy bloggera .
Google not working
trying to search
“Do you know a handsome hun”
search says
“no cause there is not one1
Jobo – yes about buffet, no in relation to MWD ;-)
I heard the reason it is a Michael Buble tribute act is because MWD ate the real MIchael Buble…
hh
TET
Good stuff.
Met Mrs Emus the other day. She gave me a lift home to Halfway.
Told me of her encounter with the Spanish cave man.
HH
Deffo Irish, the wife has been singing this all day.
http://www.youtube.com/watch?v=LXdaEihEyUc
Interviewed recently by Glenn Beck on Fox TV,Mikhail Gorbachev stated quite bluntly,”Ah’m no tellin’ the coos how tae eat them cabbages…but if it wasn’t for the Magnificent Joe McCarthy,Zbyszek would still have a T-54 tank parked oan his front lawn…an’ you can take that tae the Bank”.
Goodnight Wishy…
The Strokes – The End Has No End
http://www.youtube.com/watch?v=xLdwjUHPNJ0
Right, a bit late for this early riser so enjoy the rest of the evening and hope there’s some fine music for my morning scroll back.
HT
Sorry pal us proddies don’t know any good hymms.
But i’ll sing it anyway.
Unfortuntely for me Pablophanque preceded my time on this blog. With his birthday in 15 minutes, it would be cool for me and other noobs if someone could post a wee history of what appears to have been a excellent person.
Also, anybody’s best story – after midnight of course.
S
G64
Was delighted Mr and Mrs Emu made a wee visit, it wasn’t ideal as we had a full house, maybe next time they are here, this July I think.
Smashing family, see what I did there :>)
the absolutest bestest definitive Tommy Makem FOUR GREEN FIELDS
http://www.youtube.com/watch?v=grwZo6dxXDA&feature=related
im no gettin into it..
64 and ht
luv u nearly as much as a luve the hoops..
The Waterboys:”Mad As The Mist & Snow”
http://www.youtube.com/watch?v=HHSPSL64R-8&feature=youtube_gdata_player
I’ve had a sh*tty week,got the domestic blues and it’s looking ropey for the future.But this wee,very underrated song always cheers me up.This tune deserves a wider audience.
The video’s worth a gander too.
Band of Skulls – Fires
http://www.youtube.com/watch?v=5fxykGHHYkM
The Singing Detective 23:45
?????
So how is NFL going to set up on Sunday?
I think the experimental back 3 will go.
In it’s place – Matthews – Rogne- Chuck – Izzy
Mid
Broony – Victor – Joe
Forward
McGeouch – Hooper – Sammi
I predict a few goals to the good 2- 0
HH
miki67
Fishermans blues for me
BT
We all love the hoops.
Cheiftans on Jools
MWD
BABSONICO71 – Hope it not that bad mate. Try and work it out if possible.
HH
This would be in my desert island discs, no doubt about that.
http://www.youtube.com/watch?v=uCcwNoVSt2E
Junior was super excited when I told him we were going to pass Gary Hooper’s big hoose tonight on the way home from 5s…. He is now totally over the moon cos he spotted Hoops playing Kris Commons at snooker!!!
God, I feel like a snooper
As would this song
http://www.youtube.com/watch?v=_mRFWQoXq4c