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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Big Bill Miller makes magic incubators that are made by his company ‘Panacea’- they specialize in placing incubators inside incubators ( russian doll style)…Big Bill has had a lifelong obsession with incubators- he has put everything from his garden tomatoes, his children, gazebos, flying squirrels, square sausages & even football clubs into his incubator- many of his friends have described big Bill as a chronic incubator…he swears by the power of the incubator to make a better future not just for the world but football clubs: “we can save the world if we can put it in an incubator” said Bill.
My mate whilst waiting on a haircut was reading his local paper which was highlighting that it’s 20 years ago this month that Celtic put forward their proposals to move to Cambuslang.
Oh how we were mocked by the huns, oh how they poured scorn on us and our desperation. Oh how they ridiculed our squad and our lack of success on the field of play.
Well they’re not laughing now.
TopCorner on 20 April, 2012 at 16:53 said:
thai tims sing for the mayor
http://www.youtube.com/watch?v=N3jV1KiULgM
****************************************************************
Cant wait to see the Thai Tims perform for the Lord Provost in Glasgow it will be a very special occasion for Glasgow, the Banqueting Hall in the City Chambers should be rocking, hope we can get it posted on YouTube.
Got this off the bbc sports
Miller added: “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.
“It is my strong view that Rangers and their fans should not continue to be punished in the future for the past failures of others.
Take it he will be walking away as well. ;)))))))
Jam67
My dear,dear,dear,friend.. Agent Green..
Pal.. that’s A Wonderful Summary… and in
Great Rhyme, tae Boot..
Ah wid Think bye the Metre..
that you are wearin’ Esadio’s Suit!
Kojo
Yer pal..who likes ye .. aloater.
Even if Ye are NO ESTADIO.
Still, Laughin’
Lest we forget why they should hurry up and die
Rangers part of the fabric of Scotland
http://www.youtube.com/watch?feature=player_detailpage&v=9sMSaUErAY4
change of style from Phil
frankenstein 1931
http://t.co/nC9DKg3h
And the penny drops…
Bears & Bearettes
I think it’s time for us to face the
truth, something we have been
trying to ignore for far too long. For
me, liquidation is more and more
inevitable every day that passes.
I sincerely hope that I am wrong,
and somehow one of the bidders for
the club can step forward with a
credible plan for a CVA which will
allow the club to continue in it’s
present form.
However, for me all of these delays
are to ensure that there is no
alternative. We are at least a week
past the final date for naming the
preferred bidder and we are no
further forward, plus it seems like all
of the bidders are being scared off
by Ticketus (and therefore kind of by
definition, Craig Whyte) moving the
goalposts constantly. I think we are
past the point of rescue and
liquidation is the only way that any
kind of “New Rangers” will be able
to compete in any level of Scottish
football.
However, at what level and indeed
how competitive that team will be is
more than open for debate! We will
be a team with no history, little in
the way of money coming in,
probably unable to gain anything by
the way of a credit rating (not that I
would be looking for much) and a
split fan base with more than a few
voices declaring that they would feel
no draw towards a newco team. We
would also have a team made up of
journeymen at best, with youngsters
making up the vast majority of the
team! Would this be good enough to
challenge and keep the fans coming
through the turnstiles?
The next few weeks could see the
death of a giant of world football,
the most successful club side in the
world could be no more. If it can be
avoided (which seems scant hope to
me now to be honest) then all well
and good, but I reckon the points
above about the team would still be
the same. We as ‘ordinary fans’ can
only sit, hope and pray until the
outcome becomes clear. We can
hope for the best, but in my view the
time has come to prepare for the
worst!
I would appreciate comments on
this, bear in mind that I am only
airing my own personal views!
Join us on the forum to discuss this
and other debates with fellow bears
http://www.dothebouncy.com/
home/showthread.php?44859-Time-
to-face-facts
Song 5 by the”incubators” seems very appropriate ” Dead River Blues”.
Jim White looking drawn and tense on SS while the dollybird looks like she is enjoying his discomfort…I am.
Kojo on 20 April, 2012 at 17:37 said:
Cheers
When i get angry an thats all the time
i never shout out i just talk in ryhme
So…6pm?
It’s ridiculous so it is, how all this is played out in front of everybody, we are the people can we Naw just do the deal through the ludge, what’s changed? I’m away to batter the wife.
Bighouserfc
Fans needed for US produced old firm documentary. Must be passionate+able to debate. contact eurorivals2012@hotmail.com
When are the next salaries due to be paid ?
Our history goes back to a crib. Their history, – to an incubator.
At last, its here the Big game if the week…
El Blanterico
Blantyre Celtic v Blantyre rangers.
Charlie Grant’s Celtic need a point to win the league.
Kick off 7pm Blantyre time.
Gregor Kyle doing updates on that Twitter @gkOnTheHuddle
Son ofWarsaw
a very pertinent question
I should have changed my blog name there…….
Any suggestions for an Alt blog name?
Gregor
The big hoose
Walking this way
Aye right
Ready aye ways
Etc
V
Iki:
Are the huns possessed by incubi- is ibroke an incestious breeding ground for demonic forces? Maybe we have a Rosemarys Baby moment down south Govan way- we need a Holy Roman priest to dispel the beast within…quick: give Duff & Duffer the 24 hour exorcism hotline number!
Hector-MurdochauldandHay on 20 April, 2012 at 17:22 said:
Rumours are that Bill Miller may be a Scientoligist
Thats just science fiction says Ron L Hubbard
======
Aye,, but is he a protestant Scientologist????
(Stolen from someone on RTC)
http://www.youtube.com/watch?v=i4-i-yYbloU&feature=related
Start your weekend of with a smile.
This is an excellent video to bring back Celtic memories.
However, it wouldn’t have been this way only for the cheating rangers, remember !!!
The hun chant for next season: we love you incubator fc we love we love you incubator fc we do…long live the incubator!
I have been listening to the half hour news broadcasts about the Miller bid on different stations, BBC, Clyde, Talksport.
I was about to congratulate the announcers on keeping a straight voice but I swear the last one at 17:30 on Talksport was starting to lose it.
Don’t blame her.
My dear,dear,dear,friend .. Agent Green
Who ere ye me Be..
Ye hiv Stoatin’ Repartee!
and
You Are a Great Rhymer.. that’s
Obvious, tae Me..
Welcome,pal..
Ye are a Brammer.
Kojo
Yer pal…who thinks ye’re Swellegant.
Still, Laughin’
The key word omitted from that statement is….
Drum roll…
TAX
come on hurry up
i`m dying get started on the bevvy here
Paul a few yrs ago we had a managing director called Bill Miller and he was caught cooking the books.
What a laugh if it was same Bill
MadraRua on 20 April, 2012 at 17:48 said:
Super video brought back the old days
Just goes to prove they 1 of our title wins by fair means was worth 9 of theirs win through cheating
Jam67
that “time to face facts” piece sounds like the hitler in the bunker videos
http://www.youtube.com/watch?v=ci7xjJrvrFM&feature=related
Paul67
Surpassed yourself today, two superb articles and especially loved the Eiffel Tower
analogy.
alex thomson @alextomo Reply Retweet Favorite · Open
Ok – Miller has categorically not spoken to the SFA.
Whit a spanner…
PF just go for it pal, yir Gonnae anyway.
V
Is the 500k fee demanded by Duff and Bluffer for them to keep or to pay the next wage bill ?
STV……………………… ignoring the lack of news on Raaaaaaaaaaaagggggggeeeeeerrrrrssssssssssss
Delahunt on Twitter Rangers Administartor Paul Clark on SSB at 6 Dynamite he tweets/
The Maestro
http://www.youtube.com/watch?feature=player_detailpage&v=7Vry20TZAnE
classic
rangers will never die
warning – wee sweary words
http://www.youtube.com/watch?v=H8x_59EjZOs&feature=related
Clark on SSB???
No Press Conf then?