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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Zbyszek on 28 April, 2012 at 00:43 said:
Saint Stivs, DB’s post.
thats just a wonderful tribute to a man from another special man.
better to be a tim, that any of the horrible others out there , thanks for posting it.
another wee favorite –
time to say goodbye.
http://www.youtube.com/watch?v=QbN0g8-zbdY
Four Green Fields
Click my nome de fo my favoroutie Irish ballad. Four Green Feilds is my second fave of all time and your nome de is the best vesrion ever recorded.
For Pablo -Don’t think it was his fave from this band but defo mine.
MWD
Before I go.
Now everybody knows what “Kano Foundation” stands for.
Stve was one of the guys who made it the institution with bank account etc.
Kano
You are as well the guy to be in thoughts. I hope you are your family are well.
Neil canamalar Lennon hunskelper extrordinaire,
I have a wee feeling that Neil will play Paddy this weekend and I hope he destroys Rangers from midfield with his passing and his vision, Celtic have not explored this side of his game enough IMO and a central berth for the man where he can run the game when there is no real risk must be going through Neil’s mind.
Paddy Prosinecki ;))
Paddy McCourt deserves to finish Rangers off in true footballing style.
One for Pablo…
Genesis… Many Too Many,,,
http://www.youtube.com/watch?v=bJ8XsWSdcOg
petec on 28 April, 2012 at 00:50 said:
I’ll believe it when I see it! The Delly pelly will be oan the telly and hopefelly I’ll be eatin ma jelly oan Sundelly
My fave rendition of MWD song
Loving the posts for pablophanque. Some of you know him as Steve Reynolds, I only ever chatted to him through this site, and it was always positive. The heartfelt tributes and reposts tonight show us he was a good guy, who was cherished by a lot of people for his generosity of nature. We swapped a few music links, but, as you do with any community of people that you value, I felt his loss and rooted for his family; I still do, and if his kids are looking in, I hope the positive influence your dad left on here persists strongly in your own lives.
This is a song I know we both liked.
Lucky
GyEmarald
Thanks for your reply.
I am now well and truly sick of the nonsense
that comes with Scottish football.
There is no level playing field.
Decisions do not even themselves out.
There is only bias at all levels.
Ready to chuck it.
Zbyszek on 28 April, 2012 at 00:43 said:,
Thanks for that Zbyszek.
Dick Byrne,
I have read your post before but I’m absolutely balling like a child here.
Go raibh míle maith agaibh
Árd Macha
RIP Pablo
Never met you but read ur posts n listened to your music.
All the CQNers ive met that knew you said many great things about you
HH
God Bless Celtic
Gil Scott Heron-War Is Ugly
MR Z
THANKS FOR REPOSTING DB’s post.
MWD
Anybody know why my posts are not showing.When i try to repost it says duplicate but it’s still not on screen.Wonder if this one will make it? :(((
Hurrah!
Pharcyde
http://www.youtube.com/watch?v=_zmmBfbpFM0&feature=related
Three-in-a-row?
http://www.youtube.com/watch?v=bI-eMXfA1rM
BaBa there has been some problems with CQN these last few nights. Not sure what it is. It starts off with what you see then increasingly throughout the UK night time no access. Happened these last 3 nights. I suspect CQN is being DOS’d.
Moonbeams WD. Kano \o/ Neil Celtic FC. We are the Champions. Ignore the WARTS. on 28 April, 2012 at 00:49 said:
in a Pablo momemt
radiohead are feckin pish.
TAL TAL TAL
in loving memory of all our lost people.
we stand on the cusp of conquer.
they put us down, they held us back.
we won the long game.
GIRFUY
brown brougue shiny button blazered cheats.
the poets and ballad makers kept the spirit alive –
Uí hUiginn – Ó hUigin – O’Higgins – Higgins
http://www.youtube.com/watch?v=d2gHDIFLNUY
Margaret McGill on 28 April, 2012 at 00:54
Thanks for linking that Mr Kite video again, it’s a quality video and must come under the obscure really as it is a hidden gem.
I’m sure it was a link from your good self when I first watched it.
The stage is indeed set for the Derry Pele and the man deserves to Finish them off for good.
petec
I’d love to see it (Paddy from the start, destroying the Boche) but I don’t think we will. I take heart from Paddy’s cameo last week – he played well and looked for a good pass, not just the shifty runs – but I don’t think NEil rates him enough to start against anyone, never mind the huns.
Not sure how to approach this game,. other than we view it as must-win – complacency not an option – which is the aspect that worries me most about Neil and his team motivation and selection. I don;t think our problem is bottle, I think our problem is attitude – sometimes the players look like they don’t want the win enough, and by the time they decide or are reminded that they do want it, it’s too hard to achieve. Sunday needs to be like Kilmarnock 6-0, full-on from the start; not Kilmarnock 3-3, where they suddenly remember who they are and who they are playing for.
Surely our manager cannot be so spiteful as to seny the best approximation to Lubo, put the boot into his oppressors, what other country in the world would his talent disappear
Mags,
When it comes to modern technology and it’s associated jargon i’m a 90s mhan,the 1890s.DOS’d?
GyEmerald
Nice one!
While you posted that, I was looking up this on the theme of the huns horrible life and slow death.
Enough
This is a good,barely known Irish band.
Hal
http://www.youtube.com/watch?v=bU-pKJCm5ak&feature=related
BABA
Denial Of Service, where hackers attack websites or hosts. Often it’s political, like targetted attacks, for example, after the arrest of Julian Assange and the subsequent refusal of PayPal and MasterCard to accept donations to support his freedom fund, hackers blocked both of those websites with resulting inconvenience/chaos.
Not sure what’s happened this week, and it may not necessarily be anything sinister. But maybe it is. Just because you’re paranoid etc
Gordon64 on 28 April, 2012 at 00:59 said:
No Probs thank you Gordon,
Kudos to Paul67, RTC, Phil Mac & Alex T for exposing the dark underbelly. My parents moved to england over 40 yrs ago and still believe the crap thats dripped through the MSM. Thanks to the aforementioned pioneers for forcing the truth into the light. Will Scotland move forward? It needs people like these and Auldheid to force through change, I would hate to see Celtic become a franchise elsewhere, yet its time to end their oppression of Celtic and what we stand for.
Denial of Service …some hun is asking CQN’s DNS name server for CQN resolution so many times a second no one else can resolve CQN. It starts of slowly..could be that or some SQL injection attack into the CQN database. Last night CQN was incommunicado from the USA for about 5 hours.
and our leader tells Hugh Keevins –
http://www.youtube.com/watch?v=H4Rr5kCLSns&feature=related
Not usually around at this time of night on a Friday, usually missing the Friday quiz, and all the music postings, but glad I dropped by tonight to read the comment by Zbyszek and my all time fav, MWD. X x
My tune for Pablo;
http://www.youtube.com/watch?v=nvrE2ZQX0Y0
He’d have hated it, but that it’s in Irish, for which I think he had a wee soft spot.
Árd Macha
tarrant on 28 April, 2012 at 01:05
Revenge will be upper most in Celtic players minds this Sunday, even though we are CHAMPIONS. They were cheated out of that last game against them and the huns know they were helped to that victory.
I have no doubts the Celtic players will have the perfect attitude for Sunday. ;))
http://www.youtube.com/watch?v=NbuiQtxEZ40
A mellow relaxing tune for this time on Sunday
The Stunning – Half Past Two
Margaret McGill 0112
Thanks for the explanation.
HAMILTON TIM told me it was my fault because I dissed him around 2am.
I’ve been feeling guilty all day!
tarrant on 28 April, 2012 at 01:07
The difference between us and them : )
The shirt of GilScottHeron Snr inside Celtic Park
Paul67
My paptop is fecked and I’m struggling to keep up with That Twitter. Thanks for this blog
Sitting with 001bhoy in a Dubai bar last night we talked how we wouldn’t have known each other if it wasn’t for CQN, thanks, seriously thanks Paul67, he is a majic ‘****’ like th rhttp://www.youtube.com/watch?v=5Op7uuIc23c&sns=fbest if the full Ive met from CQN, Apart from that MWD fella that tells folk he is my Brother as if its a boast.
EN
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS on 28 April, 2012 at 01:19 said:
LOL!
Hamiltontimmerism has the same symptoms! Trust me.
tarrant,
Grassy arse mi amigo.
Here’s a tune for you (going by the name and year of this poster i reckon i went to St.Lawrence’s and Notre Dame with him);
http://www.youtube.com/watch?v=T0eQFrPNuaM