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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ibleedgreenandwhite1 on 20 April, 2012 at 16:42 said:
So what exactly is being announced at 5 pm?????????????
Hail hail
…………..
I think the Huns are going to announce that it’s time for the
Magic roundabout ha!
V
Gregor Kyle @gkOnTheHuddle
Very best of luck to @charliegrant5 and the lads at Blantyre Celtic for their big derby game tonight. K/off 7pm at Castle Park in Blantyre.
I know this is greedy, but I don’t want liquidation yet.
I want the season ticket forms to go out, I want to see 10,000 uber-chimps buy them, I want to see Ticketus and D and P squabbling in court over the proceeds, and THEN I want liquidation.
We need some entertainment between May and the CL qualifiers…
is the 5pm gig live on Sky, cameras covering all angles ?
RogueLeader on 20 April, 2012 at 16:44 said:
Think I will have to hang on at work with the laptop until I know now……………………..
Thanks K33
Didn’t realise it was as late as 1932.
Wonder why they changed?
The Big Incubator must stay open, that’s the bottom line.
Reading Bill II’s statement on SSN I couldn’t quite believe my eyes…is this ferret for real? My first impression was that it was ludicrously preposterous- yet over at Hun Media he has been coronated as a stand up guy, even declared in some nethery quarters as the newest new Messiah since the last new one…delusion springs eternal on the southside. But the really important question for me is: does your name have to be Billy to put in a bid? Where the krauts a bunch of Hannoverian Willheims? Berlin Bill? What are the chances of a guy from Singapore having a name like Billy who just happens to be interested in der hun? Just a weird coincedence or a crowd pleasing alteration of moniker?
RogueLeader on 20 April, 2012 at 16:48 said:
Loads of them finish at 4 on a Friday anyway. I worked there once for a short time. It was that or have no rent money, I rationalised it thus – money from Rangers spent on Celtic (and food etc).
thai tims sing for the mayor
http://www.youtube.com/watch?v=N3jV1KiULgM
This is the day This the day That the lord flushed them away. I Hope
hen they were younger, so much younger than today,
they never needed Duff & Phelps in any way.
But now these days are gone, and nothings left obscured,
Now they find they’ve changed their minds wíth bids thrown on the floor.
Help me if you can, I’m going to drown
And I don´t appreciate being kicked around.
Help me, to get my penny in the pound,
Won’t you please, please help me.
And now my lifes prearranged in oh so many ways,
My attendance will surely vanish in the haze.
But every now and then I feel so insecure,
I know that I just need you like I’ve never done before.
Help me if you can, I’m going to drown
And I don´t appreciate being kicked around.
Help me, to get my penny in the pound,
Won’t you please, please help me
When they were younger, so much younger than today,
they never needed Duff & Phelps in any way.
But now these days are gone, and nothings left obscured,
Now I find I’ve changed their minds wíth bids thrown on the floor
Help me if you can, I’m going to drown
And I don´t appreciate being kicked around.
Help me, to get my penny in the pound,
Won’t you please, please help me
The next bid will be a “hybrid incubation”, I think that’s like wan a remm fancy microwave thingies.
Notafan
Mark Hately…
Cracker.
Nice to see Mr Miller has learned from the current owner. With that incubator he can avoid paying VAT. Well, at least on the Greggs gear – if the staff don’t mind waiting for the steak bakes to heat up.
P67
real liquidation as apposed to …unreal liquidation …whit ?
another derivative such as hybrid,partial etc
what are these loonies on ?
Ole Paul67 been twittering like mhad today.
I fell about laughing when I read it Paul.
Astounded of forehead!
Hail hail
MME
ChampionsCSC
weeminger – you might be right and it is normal. Just passing on the info to the troops :)
P67
i“ve seen many things for offer in pubs in Bellshill
Would the last person to leave Ibrox please turn the incubator off.
….PFayr on 20 April, 2012 at 16:56 said:
P67
i“ve seen many things for offer in pubs in Bellshill
————————————————————-
Was a wummin involved?
Can anyone calling Snyde or any other Hun based talkshow/phone in thing ask the following questions.
Why did a convicted Sex offender who managed an SPL team not face the wrath of the press?
Why was he not booed, heckled and hated by the support in Scotland?
Was their a witch hunt against this former criminal by the SFA?
Did referee’s treat him differently to other managers who have acted in a similar manner to him?
Did officials lie to rid football and this team of this manager?
Why did a convicted sex offender get an easier life in Scotland than an Irish Catholic?
LB
PFayr, 6 ours ago Wild Bill was the last remaining worry.
voguepunter, easy pickings today.
Mark \o/ McGhee’, yes, an Astounded of Forehead moment.
Can anyone tell me where to buy one of those incubators. Sounds like the answer to all my woes.
When Ragers were born they were so ugly the doctor slapped everybody.
An incubator is better than some of the stuff an adminstrator replaces it with.
Tennessee Bill.
bournesouprecipe on 20 April, 2012 at 17:00 said:
When Ragers were born they were so ugly the doctor slapped everybody.
lol lol lol lol
Hail hail
My wife has a cold. To ensure habitual matrimonial continuity I am going to go out with her blonde pal tonight while she is returned back to health.
Is that the idea?
These recent events have given me the best laughs in a long long time. Initially with Wullie and the bluenoses and now this guy Miller it is so entertaining you almost don’t want it to end. Can you imagine if roles were reversed and we were being put through this hell?
bournesouprecipe on 20 April, 2012 at 17:00 said:
When Ragers were born they were so ugly the doctor slapped everybody.
———————————————–
Doc slapped himself ,cause he could not believe
such an abomination.
LiviBhoy on 20 April, 2012 at 16:58:
Why don’t you phone in and ask?
I think bill is really rancho franco at the wind up!..with edits from our beloved declan.
Sir Paul
Ah will explain..
In Roon aboot.. 1998,
Bill ,and his Board ..wiz accused of Telling Lies,By a Group of Investors,concerning HIS Company’s Earning.. in Falsifying The Earnings in order tae sell. and Boost The Shares.
Bill.. defended this Accusation, Vigorously..
and After a THREE YEAR Court Battle..
He and his Board were.. Vindicated, in their Denial of Any
Falsyfing or Cooking The Books tae Their Advantage.
Bill and his Cohorts goat a Clean Bill o’ Health fae the Court.
Again..
In 2002..
Bill and a Partner. a Mr. Jon Pritchett,who is Noo the C.E.O.. ah think.. of Club 9 Sports..
were accused by a Group of Investors.. of Frittering Away the Princely sum of..
FIFTY MILLION DOLLARS.. of The Investors Money..
in a Cockamamie Scheme which the Two Partners Floated..in Trying tae Introduce a Brand New Company . called.
T.R.A.C. Team Racing Auto Circuit..
Which….Flopped.. Miserably.
And .. FIFTY MILLION DOLLARS of Investors Money..
Disappeared doon the Swanny…
Again, Bill Defended the Suit.. and He and Pritchett.. came oot of it.. smelling like Roses..
Vindicated and Found .. Not Guilty of any Malfeasance.
Howevahhhhhhh..
Several OTHER. members of the Board of Directors of
T.R.A.C. were found to be responsible for the Stealing of the Investors Funds.and were Punished.
Yep.. Bill, is a Very Slippery Character..
And Is No Dilettante at the Ole.. Shell Game.
Ah hope that He WIns the Prize.. and Becomes the Next Owner of ..the Former..
” Murray’s Folly”
They deserve him..
Kojo
Still Laughin’ .. fit tae Burst.
Surely an obvious question for ole Windy Miller is what happens when the big tax case hits?
If Oldco still exists then surely it has to be killed off at that point rather than “merged”. Or is he assuming (or kidding on) that HMRC are just going to shrug their shoulders and wander off?
Am I missing something in the grand plan?
I suspect this 5pm thing maybe a damp squib. It wouldn’t be the first time they’d scheduled a pc then abandoned it.
Steinreignedsupreme
I don’t listen to them. I just read the rage on here.
What’s the numbers?
LB
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