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.
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Vp
Granda posted it here today.
Lubo on 20 April, 2012 at 20:23 said:
googybhoy,
Easy. EBT’s.
Lubo.
Exactly…….these players have to be asked.
There has to be a independent enquiry into Rangers and the SFA.
am on BB season 3
Walter White
ha
what a funny name
Sir Walter Whytey
the zombie
what a mess?
Is there anybody who’s come out of the rangers debacle well ?
Che
No way mhan,I read every bit of this blog..
………except the bits about Celtic,ragers,hoarses,
Ibox players ,music,china sinks ,weather,tweets,
snyde,holiday pubs that show the gemme and
GOLF.
From an “impeccable” source….Billy boy Miller is “plumbed intae the moon”! That is all.
Oh aye well done granda Twists.
I haven’t heard much about the fabled Rangers Fighting Fund recently.
Perhaps the donations have slowed from the inital stampede of a trickle down to a drip-drip.
Stupid huns.
VP
What’s with the China Sink Debate?
I have pretty strong views on china sinks.
“Stick em up punks” it’s the Fun Lovin’ Criminals (No not minty moonbeams)
http://www.youtube.com/watch?feature=player_detailpage&v=7Zqu73j67BA
The Battered Bunnet
Remember when I bought house in Burnside
(long before it went to pot and folk like burnside
harp moved in) was ripping it apart ,pulled out
old china sink ,right onto my toe,fekkin aching
for weeks.
Wife replaced it with new china sink.
How zat fir mer sink patter?
Full time from Blantyre:
Blantyre Celtic 0-1 Blantyre Shame
When is BB5 out?
Paul 67, When all this Hun demise thing is over could we do a Quiz on the death, and the lead up to their death? eg clowns, jelly & ice cream etc?
Can we?
That would be fun.
GiggsyBhoy on 20 April, 2012 at 20:45 said:
Blantyre tims putting us all to shame,
disband that team.
this seems kinda apt….
“and the lesson today is – how to die” (jelly and ice cream)
http://www.youtube.com/watch?v=o2I84-A9duY
jackie mac on 20 April, 2012 at 20:34 said:
what a mess?
Is there anybody who’s come out of the rangers debacle well ?
Yeah mate.
Scotland and Europe.
Mr X loves having a “fly kick” on 20 April, 2012 at 20:37 said
I was told that some women who painted weans faces on one of the “family days” – I know irony – was due £400+ and paid by the trust.
Sums them up!!
In fairness to “trailer trash” Bill, he didn’t amplify his statement by using the Septic Tank hackeyed expressions (which mean nothing in a civilised society) such as ” awesome”, “gotten” or “done”.
God bless ya Bill.
Bloke109 is Neil Lennon on 20 April, 2012 at 20:25 said:
———————————————————————
Agree mate. One point that is missing is the MIB’s.
I truly believe in my hyper-paranoid state that there has been collusion between this group of lovelies and their masters.
I am not saying that payments have been made, rather favours returned.
If you had a written report that stated A, and your colleague submitted a report that stated B and this was then used as the basis for disciplinary action against C (Neil). If one was proved wrong then it follows that A or B was lying.
Action against A or B should follow (follow).
On that basis, who has been disciplined?
HH
AoW
Vogue
thanks very much.
On the horses, they usually lose as you will know. Just got lucky this time I guess. You should be thanking me for not posting my tips regularly. Saving you a fortune!
jmccormick on 20 April, 2012 at 19:49 said:
having a quiet Friday night in , no coaching duties tonight, so 2012 at 10 pm tonigt and beer for tonight is Furstenberg , going old school.
Any other favourite Friday night off bevvy?
Furstenberg….Ahhh I’ve had many a good night I can remember nothing about on the Furstenberg.
Scared to drink it now.
Had a Grolsch last week for the first time in years, the real Grolsch with the bottle top not the pretend stubbie bottles.
Got a can of Tyskie , a can of Lech and a bottle of Lions Gate red for tonight and some Stella if I can remember where the fridge is after them %)
Saw the news tonight regarding Bill Miller’s offer for the huns-Is he serious?
twists n turns on 20 April, 2012 at 20:51 said:
Twists ,cheers.
No such thing as a sure thing,but we’ll keep
trying.
Hail hail…….you baby sitting yet?
Art of War
Sure, wouldn’t disagree with that at all. Might take a wee bit longer for that one to come out in the wash.
Was Craig Thomson’s firm one of those owed money?
Hows it goin Bhoys is CRC doin the magnificent Quiz tonight?
twists n turns on 20 April, 2012 at 20:51 said:
A belated congrats on the gramps status :-)
HH
CRC
VP
Can’t comment I’m afraid, envisaged some bother down there, so stayed well back! Just received a text from the game. Ridiculous it had to be played under such circumstances though.
HH
Giggs
enjoy the quiz bhoys, still not recovered from the flu some brain cells dumb
Bloke109 is Neil Lennon on 20 April, 2012 at 20:54 said:
——————————
Yep, Huns’r’Us have thrown their toys out the pram about it! :-)
HH
GiggsyBhoy on 20 April, 2012 at 20:55 said:
Giggsy ,where were they playing?
Twisty
Thanks for the tip. I was too late for your first tip, but I am now off to buy more jelly and ice cream with my return from Valmina. Hope you go well at Ayr tomorrow
Evening Bhoys and Ghirls. The Friday night footie quiz is nearly upon us. 5 rounds of all things Green & White. Tonight will you be or Champion Bhoy or our Timposter?
Rules are simple. No googling, no incubation periods and no walking away.
Round 1 coming up in a couple of minutes
HH
CRC
Furstenberg used to bring out a beer at Christmas ( limited addition ), many happy memories, some I had to be told about. Don’t know if they still do it.
On your marks…
ASonOfDan on 20 April, 2012 at 19:34 said:
Ralph
If you have a problem with it blame Mary Shelley.
Sums them up beautifully right enough…
HH
…
Dan’s bhoy, (was out for a while)
Context is everything, and that quote attempting to compare something like that with RFCIA crossed a line for me, regardless of it’s literary source. Then maybe I’m just a sensitive old git
If Mary Shelley had posted it I would have said the same thing to her, but in her defence I think she knows an orc or two anyway.
HH
Round 1: If you know your History against the Murders?
(2pts per first correct answer: 1pt per answer if you are correct but not first. Remember only 1 submission per round)
1) How many league goals have we scored this season against Murderwell?
2) Wha was the score in the earlier game at Fir Park this season?
3) Which 2 Celtic players have scored the most goals against Murderwell this season?
4) How many goals has the Mothers scored against the Hoops this year?
5) Other than Fraser Forster, name the only Hoop to have played in all 270 mins regulation time against Murderwell this season?
6) Counting only 90 minutes regulation time, who has played the most minutes on the pitch as a substitute against Murderwell?
7) And one for the history buffs,. In Sept 1982, the mighty hoops skelped the Murders 7-0 at the bog of Fir Park, with ChicNic getting a hat-trick that day. Which Hoop playing midfield that day, scored a brace?
Good luck
CRC
no googling/? whit aboot the guys who answer
after they’ve seen everyone else answer?
AYE YOU KNOW WHO YOU ARE
When the plug is finally pulled, what obligations do the creditors have in selling off the assets?
Are the obliged by law to take the highest offer? Would creditors and unsuccessful bidders have any right to clain should they opt for a lower offer?