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. Stivs

     

     

    I Have yet to book flight, the wedding is June 30th. I’m likely to be in town for 2 weeks. Aye, wood be great to see Tricia, I hope shes well.

     

     

    I have seen the wee fella on youtube, watched it many a time when the drink takes over. One o ma favs.

     

     

    tal

  2. Zbyszek

     

     

    I would not worry too much about TSD’s obscure allusions.

     

     

    I think he was suggesting that if Joe McCarthy had not persecuted socialists in the US in the 50’s then the Berlin Wall would not have fallen in 89.

     

     

    By alluding to some kind of Butterfly Effect you could just as well assert that Lech Walesa was inspired by J. Edgar Hoover’s cross-dressing tendencies.

     

     

    Anyway- one more for Steve Reynolds

     

     

    And your bird can sing

  3. bjmac on 28 April, 2012 at 00:10 said:

     

    Shady – a wee funny, loosely related to Pablo. – apologies to those whom I’ve previously bored with this;

     

     

    —————-

     

     

    never bored, its a funny funny story. you did your duty .

     

     

    em

     

     

    twice

  4. Pablo,

     

     

    I’ll be down in Donegal (a place I know enjoyed) for some hunskelping. Hope you are enjoying their demise.

     

     

    Cronaím igconai thú a chara.

     

     

    Árd Macha

  5. 67Heaven ... I am Neil Lennon..!!..Truth and Justice will always prevail on

    Their ‘Assault on Precinct SFA’ tomorrow should be interesting ……… Don’t know what they think THAT will achieve ……..night all …..!!!!!!!!!!

  6. Art of War on 28 April, 2012 at 00:19 said:

     

    Play Paddy in the hole instead of Commons whose mind is elsewhere now.

     

    Anywhere else in the world and we would be able to play our best team to show them how football should be played, but hey ho win the battle first and let the kids come on and rip the >>>> : )

  7. Cheers for the Pablo stuff.

     

     

    Whitedoghunch – they used to serve pints on the blog? We should know the identities of those that have ruled to stop this.

     

     

    PRB – not quite your usual edgy tunes but fine none the less.

     

     

    Battery just about gone and and early swim lesson for the brats.

     

     

    Time for bed.

     

     

    S

  8. Stivs,

     

     

    A friends daughter an ex girlfriends daughter to be precise. Kristina Murphy will marry John Reid both of the Port.

     

     

    HH

  9. Greenwells Glory on

    Pablophanque, Salve salve ;- never met you, but you always treated me kindly, may God bless and keep you and may your children flourish. I raise a (large) glass of Abunadh to your memory, happy birthday.

     

    Greenwells

     

    Deus commodo muto consisto quem meus canis sententia existo

     

     

    Wasn’t your cup of tea but what the hey

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

    Just in from dinner (ah’m five hours behind most of youse lot).

     

     

    Happy Birthday Pablophanque

     

     

    Friday nights are still great, but we miss you.

     

    Still got my CQN badges you sent me before you went to Ireland.

     

     

    Paul’s the brains behind CQN, you were like the heart of it.

     

    The tradition prevails.

     

    HH

     

    Night Night

  11. GyEmerald on 28 April, 2012 at 00:27 said:

     

    —————–

     

    As you say, win the battle and win the day!

     

    Up at 6 so better say nite all.

     

     

    HH an g’bless bhoys!!!!!!!!!!!!!!!!!!!!!

  12. whitedoghunch on 28 April, 2012 at 00:19 said:

     

    St Stivs

     

     

    count yourself lucky in the early days of this blog I was stuck with Pablo and Noel for a pint

     

    I am lucky to call them both friends.

     

     

    —————-

     

     

    thats not luck, that fate.

     

     

    i bet it was magic, magic.

     

     

    totally off the music track ([pabloesque there see what i did)

     

     

    a wee favorite , the good the bad the hunnish

     

     

    http://www.youtube.com/watch?v=Ga_EP7RObKw&feature=fvwrel

  13. shady on 28 April, 2012 at 00:30 said:

     

     

    you need dental records to get identities on here

  14. Margaret McGill on

    BABASONICOS71..what Radio station are you listening to…can I have it?

     

     

    the singing detective.. I agree w/you mate I hope Obama wins tae!

  15. Setting Free The Bears

     

     

    I thought it was Radio Yerevan where that interview with Gorbachev came from.

     

     

    On the better note.

     

     

    I just read Dick Byrne’s post from 4 May, 2011.

     

    I read it twice.

     

    Dick Byrne

     

    Absolutely stunning post that tells who Pablophanque was.

  16. I’ve been on this blog4/5 years now and Fridays were always good fun. First Guinness tonight will be a toast to Pablo and the music.

  17. What is the point of continuing in this league ?

     

    We play with a flair and abandon leaving us vulnerable to

     

    defensive counter attacking sides.

     

    The referees and asst refs do not support attacking play.

     

    They make decisions that are beyond our comprehension.

     

    You would think they do not want us to win.

     

    As i said what is the point ?

  18. ahoy bhoys

     

     

    BBC earned their licence fee tongiht. Jools Holland, what a life he must have.

     

    A tad disappointed that there was no collaboration between the Chieftains and Jack White, but they were both there. And Norah Jones, who I;’ve never really rated, was good; and Alabama Shakes, who are everyone’s favourite new band this week – except me. They are good, but what worries me is that their best work is a Zep cover – this plea to Duff and Fuff about deadlines.

     

     

    <a href='How Many More Times ‘ target=’_blank’ >How Many More Times

  19. montreal_bhoy on 28 April, 2012 at 00:31 said

     

     

    good stuff, Paddy reids bhoy by chance ?

     

     

    ping me closer to the time, that might well be fair friday as well.

  20. Zbyszek on 28 April, 2012 at 00:37 said:

     

    Setting Free The Bears

     

     

    cut and paste over please.

  21. Was away for 15 minutes there.Was watching an owl,perched on a tree up the back of the garden.Awesome.

     

     

    Anywho,here’s my 11 for Sunday,again.

     

     

    Lukas

     

    Adam

     

    Thomas

     

    Charlie

     

    Milo

     

    Kris

     

    Big Vic

     

    Joe

     

    Sammi

     

    Gary

     

    Tony S

     

     

    http://www.youtube.com/watch?v=91TeyTd48jE

  22. stivs

     

     

    You know, I’ve never met his family, all I know is he has a sister and that they come from Northfield, next to St Stivs.

     

     

    I’ll email nearer the time.

     

     

    HH

  23. Saint Stivs, DB’s post.

     

     

    Dick Byrne, I hope you don’t mind.

     

     

    Dick Byrne on 4 May, 2011 at 13:00 said:

     

     

    I hope the daytime crowd will indulge me by allowing me to re-post this from last night (I suspect the link at the end won’t work this time round);

     

     

    I haven’t been able to get into CQN since last Thursday morning. I don’t just mean that I couldn’t log in or post – I literally couldn’t get the site to open. Thanks to Paul for putting things right today.

     

     

    Going without CQN is a hardship at the best of times but given what happened to Steve over the weekend it’s been almost unbearable on this occasion. I was dependent on receiving updates on his condition via texts & e-mails & it was so frustrating not to be able to get on the blog – I felt very isolated. No doubt it’s stretching things to say that Steve’s condition & CQN’s unavailability were in any way connected – but that’s the way it felt to me.

     

     

    Despite the bleak news coming through from Maastricht I always felt that Steve would pull though. He was such a tenacious wee so and so that I just couldn’t see him succumbing & I was deeply shocked when the news came through on Sunday that he had passed away. I haven’t had the time, or the heart, to read back yet.

     

     

    Like many CQNers I first came across Steve when he was doing the late night music shift. I hadn’t had the pleasure of meeting him at that point but I used to kid him on regularly about his taste in music – although, to be honest, other than his twin obsessions with the Beatles & Radiohead, I couldn’t actually tell you what his tastes were. He seemed to be in to just about every genre going & just when you thought you had a handle on him he would come up with something totally out of left field (having said that, I don’t know if he was actually a fan of Leftfield). I suppose the best word to describe his taste is “catholic” although I can almost feel him looking over my shoulder as I type saying “make sure you spell catholic wi’ a wee ******* “c” ya ****“.

     

     

    It’s not so long ago that he posted a link to Summer (The First Time) by Bobby Goldsboro & I slagged him rotten about it – he just shrugged in that Pablo way as if to say “so what?”. I never actually admitted to him that I’d already had it on my iPhone for ages. In retrospect, it strikes me now that he was totally without pretension – in everything, but particularly when it came to music. Unlike many of us (certainly myself at any rate) he didn’t care about musical trends or what might be regarded as cool or uncool. He just unashamedly liked what he liked & if it had some sort of emotional or nostalgic pull on him (like Sara, for example) then so much the better.

     

     

    I remember he used to post overnight while he was working in Longannet (I think) when he was going though some difficult times in his personal life. I was quite taken aback by how open he was about it & I remember feeling quite uncomfortable reading this guy I’d never met laying himself bare on the blog. I e-mailed him to try & buck him up a wee bit – I was well intentioned enough but I don’t think I had anything particularly insightful to say. All the same, I think he appreciated the fact that I’d got in touch & we kept in contact after that.

     

     

    Then, as many of you will know, I lost my 17 year old son Christopher in a knife attack in January 2008. The response from the entire CQN community was immense & needless to say Steve was one of the first to offer his support. The boot was on the other foot now & he was a constant source of solace & encouragement during what was a very difficult time.

     

     

    I finally got to meet him one summer afternoon in 2008 in Babbity Bowsters. I’m not sure now what the reason for the get-together was – it was a week day during the close season – but I remember that Martin42, WDH, PFayr & Oldtim were there, among others. I wasn’t really sure what to expect from a guy who had seemed so…well…sensitive (but not in a gay way) during our e-mail correspondence but he certainly wasn’t anything like I had imagined him. We sat down over a few pints, he got through a few roll-ups & we got on like a house on fire.

     

     

    Looking back, I reckon I was only ever in his company around a dozen or so times at most but he had a knack of making you feel as though he’d never been away.& you were just continuing the conversation you were having previously – it was as if he’d just popped out for a smoke. He had strong opinions & could be intense at times but just when you thought he was getting on his high horse you would catch a wee glint in his eye & realise that he was reeling you in. Gordon_J, DBBIA, SFTB & myself saw him off to Holland with a few drinks (on the opening night of the last World Cup, I think) & I saw him for the last time a few months ago in BBs after a game.

     

     

    I’m sure it’s been said already but his weak spot was definitely his children & I don’t think I ever met him without him slipping Jonathan or Sara into the conversation at some point. If anyone can find the posts about his efforts to get the kids over to Cork for Christmas a couple of years ago it would be much appreciated – it was more heart warming than anything Hollywood could ever come up with.

     

     

    One last thing before I close. Some of you will remember Paul67’s article here following the tragic death of Raemonn Gormley. Someone had made an anonymous donation of £1000 to Raemonn’s charity fund with the covering note “In memory of my good friend Dick Byrne” & I had asked Paul to include a message of my gratitude at this fantastic gesture in his article.

     

     

    A couple of days later I got an email from “someone” confirming that he had donated the money. He had planned to keep quiet about it but was concerned that I might be annoyed at not knowing who it was, so he decided to come clean on condition that I keep his identity to myself. I have to confess now that I broke my promise & did tell a couple of people at the time but I don’t suppose there’s any harm in telling the rest of you now that it was Steve who donated the money.

     

     

    It’s without a doubt the most generous gesture I’ve ever known but, now that he’s no longer here, I can honestly say that the best thing about it was being referred to as his “good friend”. It’s an absolute privilege to have been called that by Steve.

     

     

    This one is for my good friend Pablophanque;

     

     

    Summer (The First Time)

  24. I see no point in perpetuating the midden

     

    that is called Scottish football.

     

    It has been exposed as a complete sham

     

    and is now a international embarressment.

     

    The league is no longer worth a tuppenny toss.

     

    And we are being asked to fork out big bucks for another season.

     

    Peter L talk to us.

  25. Gordon64 on 28 April, 2012 at 00:39 said:

     

    We play with a flair and abandon leaving us vulnerable to

     

    defensive counter attacking sides.

     

    Unfortunately as Barca found out that is part of the “magic” of football

     

    As to you’re other points , previously i’ve thought we should remain faithfull to our roots and those of the men who built our club, but even with the removal of warts like dullas and mcdonald the problem still remains, maybe its time to leave them to their own mire of corruption and filth

  26. Also liked the girsl that did Peggy Gordon, although that;s my dad’s song so no one woill ever do it properly.

     

     

    Got him the Sinead O’Connor sean-nos album a few years back, nearly fkng died when I read the sleeve notes where Shinner suggested Peggy Gordon was a lesbian love song! The da would not have approved! Of course, he doesn;’t read sleeve notes on CDs (if I’d got him a vinyl LP gatefold covers etc then he would have) so he’s no wiser as far as I know.

     

     

    Here’s a Sinead song for Sunday.

     

     

    The Last Day Of Our Acquaintance

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