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Bizarre fantasy-rant from Miller

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By on CQN BLOG & Comments

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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  1. The Token Tim on

    Praecepta

     

     

    no real value on Barca (-1) to be honest IMO

     

    Much more so on Barca (-2) > PP offering 15/8.

     

     

    HAIL! HAIL!

     

    Token

  3. THE EXILED TIM on

    praecepta

     

     

    Barca @ -2 are only 6/4 ish, not good, I will prob leave it, but they will go through

     

    …………………..

     

    the _huddle

     

     

    They are no worse than anyboyd else, apart for Celtic, we have had a few in the days of yore, but no more :>)

     

    ………………………

     

    BT

     

     

    Aye, they cheated us, sad that a top epl club has to cheat a diddy team for scotland, but they had to.

     

     

    But he is not there now, so it’s allowed…

  5. patbhoy on

    James Forrest 23.37

     

     

    Absolutely brilliant article from yesteryear.

     

     

    Took me 3 Peronis to get through it but thought provoking all the same and very relevant

     

     

    Hail Hail

  8. Mort on

    Chaplin

     

     

    Yet it appears they just have.

     

     

    Anyway, it was written by a man who thinks Craig Whyte paid google to delete his internet history and that’s why scottish journos didn’t know he wasn’t a billionaire or had been disqualified as a director.

     

     

    Mort

  10. Gordon64 on

    Tet

     

    Fabregas need to improve.

     

    He’s not as good as the english media or

     

    he think he is.

     

    Spanish footie is so far ahead of the EPL.

     

    I’ll go for 4 out 4 in the 2 European finals are Spanish.

  11. blantyretim on

    TeT

     

    I still dislike Madrid manager because his tema cheated us in a cup final 9 years ago….

     

     

    I dislike Giggs for cheating us also..

     

     

    don’t get me started

     

    on the MIB

  14. praecepta on

    gordybhoy64 on 20 April, 2012 at 23:51 said:

     

    Praecepta,

     

    never noticed if you posted any info,

     

    how did you get on with your Masters bets?

     

    _________________________________

     

     

    Answer to HT got buried amongst the injury time pen. Got 50 back – had bet @ 33/1 – 2nd bet was after the off so @ 16/1 = 50/1 divided by 5.

     

     

    Kind of followed their logic – gave me free Grand Nat bet by way of apology – had the 2nd (on the line) @ 16/1 ew .

     

     

    After steward’s enquiry and semi-final bet – think I am 20 in front! :-)

  20. Gordon64 on

    Footie has become more of a mental game.

     

    It’s about reading the pass and making the correct runs.

     

    Barca are the masters.

     

    We must learn.

  24. praecepta on

    TET + TTT

     

     

    The Barca ‘in-play’ might be the bet .v. Chelsea – with 5mins to go had them @ 6/1 when they hit the post. :-(

     

     

    Sure Chelsea will defend deep – Barca will be a decent price if they have to win the game in the second 45mins.

  25. THE EXILED TIM on

    G64

     

     

    Aye, my local team who would be in about div 135, would blow the lower reigons of the spl away, and I mean that, as long as they were refereed fairly, you have to see it to believe it, even the school kids are budding stars, alas not to be,there are not the places for them all, shame really, but just the way it is.

     

    ………………………..

     

    BT

     

    Have another bottle, or glass, no need to get worked up about them cheats, it’s a given we are cheated, it’s what makes us strong mi hermano.

     

    ………………………..

     

     

    Bed time, sore, the shoulders are creaking now.

     

     

    Take care and god bless

     

    HH

     

    KTF

     

    Somos el Celtic

  27. blantyretim on

    TeT

     

     

    Glenmorangie, got a wee cold so it is a beechams Glenmorangie… o))

     

     

    I am chilled mate.. ha

  30. The Token Tim on

    I want Barca to win tomorrow and think they will, but a Mourinho team at better than 4/1???

     

     

    Might be forced to have a wee wager on that…….

     

     

    HAIL! HAIL!

     

    Token

  33. petec on

    Good Evening CQN,

     

     

    After watching the events over the last few weeks it is quite obvious to me, the SFA/Establishment were not going to allow Celtic to win in style this season. Norris, like Gollum and Murray before him made sure this was not going to be the Season it should have been (like many others before).

     

     

    What made me happy was seeing the fire in Neil Lennon’s belly again, he has played a blinder despite these cheaters trying to get this amazing young up and coming manager down by cheating him out of both cups and a memorable title win at Ipox.

     

     

    Celtic are going to Grow from these bad experiences, Neil will utilise these things to harden these young men quicker for future Celtic successes, of that I have no doubt.

     

     

    It will be very interesting to see what transpires when Neil is up before the SFA the next time.

     

     

    A song for our extremely intelligent manager, not that he needs the inspiration as he has decided he is all in now and he is the figurehead of the real Celtic Men Women and Children.

     

     

    Don’t let the Establishment grind you down

  38. Celticbhoy on

    One for my baby tune:

     

     

    Its quarter to three

     

    There’s no one in Kinning Park cept you and me

     

    So set em up Joe

     

    I got a little story I think you should know

     

    Were drinking my friend

     

    To the end of a shit football team.

     

    So make it one for the Celtic

     

    And one more for the EBT

  40. The Token Tim on

    praecepta,

     

     

    took Barca in running in “nd half myself at 4s.

     

    wasnt to be but theyve won me a looooot more than theyve cost me the last 2 seasons.

     

     

    HAIL! HAIL!

     

    Token

  41. The Token Tim on

    OK Bhoys’n’Ghirls

     

     

    time for my bed.

     

     

    Night All and God Bless

     

     

    HAIL! HAIL!

     

    Token

  42. Gordon64 on

    Petec

     

    I’m not so sure pal.

     

    Questionable team selections, dodgy tactics

     

    and strange substitutions.

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