Someone forwarded me the statement from US based Bill Miller which I read and ignored, thinking it was a wind-up. Incredibly, it’s ““Real””.
Bill tells us he will invest £11.2m into the club and:
“There is no way that Ticketus would agree to accept a “pence on the pound.
“It is apparent that there will be several lawsuits that will emerge in relation to a potential CVA exit.
“In order to preserve the club’s history, records, championships and assets, I will put the “heart” of the club into an “incubator” company while Duff & Phelps works to make the “sick patient” healthy through a CVA process that effectively works to “radiate” the toxicity of past administrations’ sins out of the patient while the “healthy heart” is preserved and moves forward.”
The above is an actual quote. I’m not even sure the pubs are open in America at this time of day.
But Bill, the “sick patient” owns the stadium, and as you suggest, a CVA would be prolonged. Craig Whyte owns security over the stadium and your refusal to deal with him might make playing there…. awkward. Any creditor, like HMRC or Whyte, could and perhaps would challenge a disposal of assets like the one you suggest.
He goes on:
“Any suggestion that Rangers history is lost by such a process is preposterous.
“Using such logic, Rangers would not actually have a 140-year history as its current corporate structure was only created in 1899. To suggest that Rangers thus have only a 113-year-old history is absurd.”
We’ve explained this one before. Rangers were incorporated 113 years ago; “Real”. The same entity, owning the same assets, existed pre-incorporation as an unincorporated football club.
Buying and selling history is almost as entertaining as buying the Eiffel Tower in cash off a guy in a Bellshill pub. If it’s possible, I demand Celtic PLC get off their bums and buy the history of ancient Greece.
Bill adds:
“My offer is contingent upon the regulatory bodies agreeing that the club will begin play in the 2012/13 season in the SPL and that they will do so without any loss of points and with all historic titles intact.”
Ah, “contingent upon”. A condition; just what Duff and Phelps asked to be excluded. You’ve underplayed this one, Bill. If the SPL will agree to this they will surely agree to give you a 10 point bonus next season, just for being so nice.
“The time for talk is over. The club is in serious jeopardy of dying. “Real” [sic]liquidation is looming.”
I like this guy. He sounds like a “Real” level headed custodian for Rangers. Alas, I fear Duff and Phelps will be in sombre mood when next we hear from them.
Buy a hard copy of CQN Magazine, issue 7, by clicking on the button below. You can read online here.
[calameo code=0003901711c929f537703 lang=en page=64 hidelinks=1 width=100% height=500]
1,206 Comments- Pages:
- «
- 1
- ...
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- ...
- 32
- »
Bill Murray
I ain’t fraid of no ghost
Rangers til the 23rd of April,
Yer Rangers til the 23rd of April
“There’s not a bid for the Glasgow Ragers ”
No not one CSC
“incubators” “heart” “sick patient”??? “hover pitches & casinos” “blue knights in tights” “wealth of the radar”
One thing wacky Bill and I agree on is that FPLG is the man to lead them on!
As much as I want them dead and buried how much fun is this?
HH
Bill Murray comedy gold
#letthemdiecsc
“Oh baby I’m dreaming of Monday,
Oh baby will I see you again
Oh baby I’m dreaming of Monday.”
TheJam CSC
When a friend asked if Celtic currently had Schadenfreude in the dressing room, Scott Brown asked
“Was he the German boy we had on trial?”.
Allegedly CSC
So if this newco inherit their history that means they will inherit all their crimes and all their debt. Think I spelt inherit wrong
Please god let this be it, i need to dry out, been border line hammered for 6 months, it needs the end soon.
“We cannot wave a magic wand and make these issues go away”
Duff and Fibbs CSC
Ghuys,
Not long to go now!
The cash must be near as damn finished , touch and go if they can make it to the end of the season.
The pantomime season has come early with the various bidders, pure farce….. a poster on RTC now indicating that emails going around a favourite HMRC insolvency company, which may indicate that Duff & Phelps have lost the creditors vote to continue on as the liquidators.
When they liquidate , it stil looks like any offer for the ground, shares etc will be pitifully low and will require bridging finance from Ticketus , followed by a share issue to the bears ………. No chance for any football at Dignity next season …. Blue Knights will get the keys to Ipox but at a very very heavy price .. marvelleous….
Bill Murray Movies to consider:
Little Shop of Horrors: Watch as administrators Duff and Duffer try to work their way through 20 years of cooked books and bad debts ….
Mad Dog & Glory: Johnny Adair returns to Ibrox for a match next season and finds a kids amusement park and a Tesco instead ….
The Man Who Knew Too Little: The True Life Story of Gordon Smith
Groundhog Day: A Rangers fan relives the same day over and over and over again, the day Neil Lennon lifts his ninth league title in a row ….
Lost in Translation: A Celtic fan tries to explain the realities of liquidation to a thick hun ….
All You Need is Cash: The Story of the Liquidation of Rangers starring Craig Whyte as himself ….
Zombieland: Need I say more? The walking dead take over the SPL ….
I’m scratching the surface here ….
A quote from Frankenstein or rangers in administration…
“I, the miserable and the abandoned, am
an abortion, to be spurned at, and kicked,
and trampled on.”
Is the guy on Clyde on the drink celebrating thems demise?
Thanks TopCorner :)
Normal service resumes on Snyde – alleged Celtic fans commenting on NFL, time to switch off
Clyde had to put at least one of “them” fans on… couldn’t help themselves.
A Celtic Supporter who wants Houston to get the manager of the year…
Shakes head in disbelief and then headbutts the screen..
Three ahem, Tims on SSB tonight :)))
Although, I know that some of us find HK quite difficult to wear at times, underneath, he IS one of the ghood-ghuys IMO!
God Bless Them ALL.
Hail Hail
Celtic fan
Lennon embarrassing
Doesn’t deserve manager of the year.
Well played radio Clyde production team, home to RAL ( rockets against Lennon).
Away to make pancakes.
For sir crag
*craig!
KevJungle – “1st Flag on the JUNGLE roof for, Lennons Lions” on 20 April, 2012 at 19:25 said:
Three ahem, Tims on SSB tonight :)))
Although, I know that some of us find HK quite difficult to wear at times, underneath, he IS one of the ghood-ghuys IMO!
God Bless Them ALL.
Hail Hail
Keevins a good guy,,,,your at the wind up surely???
hail hail
Not listening to Clyde. Listening to The Band. I had forgotten just how magical they were.
RIP Levon. RIP Richard. RIP Rick.
Bill Murray movies?
Ed Wood
Kingpin
Rushmore
Scrooged
Celtic 3 Rangers 0
Some java plugin crashing is stopping me from listening to the Clyde1 comedy channel. Hmmm. I think I’ll make another batch of ice cream.
ASonOfDan on 20 April, 2012 at 19:23 said:
Line crossed with that comment.
*** EVEN MORE SHOCKING NEWS***
What may have been lost in all of tonight’s developments is that I’ve just noticed that The Kano Foundation Predictor competition scores have finally been updated!!
Jobo
Delahunt s very chirpy tonight does he like jelly n ice cream
ibleedgreenandwhite1 on 20 April, 2012 at 19:27 said:
……………………………………………….
Any time I speak to HK, he strikes me as one of the ghood ghuys.
Don’t be fooled by any of his – red herrings :)))
Hail Hail
ta boldy bain
So em is is folla folla init?
Rigte so am ur in the right place….. right peoples, cause that is whut we ur, the peeples.
Am interested in what yoo wull be finking ye ken a um a fancy dood…. A ment yull be thinkng whit is the big man daing on the folla folla blog the night, I ken a shid be on the telly giving it big aboot…,’; um the big hoose, ye aw ken me ….full stop…couse that is ma catch frase int it, don’t be worried aboot conve..talk… chat ing to me on the folla folla cose a wull answhere aw yir postss…. Talking aboot post ings……a maself did yoose ti b a post man but chuked it when that progrum came on the tv… ken the wan….. post man pat…. Pure efin ragin man……onyway got to watch wat am ur doing on follur follur cose them fenian ef’s are reading wur secret messeges…. We do nut dae walkin awae people watch ma no sir ender videee oh…. Ye wull see whit a cee ……nae sir ender and naw wlk in awae.. full stop
http://www.youtube.com/watch?v=qDJwbq1o6bg
at ….wis…. vol yum wan ….. a um awae …fur a leke
Ralph
If you have a problem with it blame Mary Shelley.
Sums them up beautifully right enough…
HH
Methinks Dela’s been told to calm the jets…..either that or he’s reading the blog……Dela – Forza Celtic!
Great gags james forrest,
Shhhurely the end is nigh
ASonOfDan on 20 April, 2012 at 19:34 said:
Ralph
‘If you have a problem with it blame Mary Shelley.’
Eh, naw.
The next sentence is
”Even now my blood boils at the recollection of this injustice.”
You’ve quoted her out of context.
I for one am sickened at the feeding frenzy on here at the Huns imminent death!!
You all need to take a good look at your self!
Hail hail
Dont listen to phone-ins normally…………………………unless there is bad news about th huns, and, o bhoy, is there bad news tonight.
Go Clyde One!!!!!!!!