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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Are they deid yet?…..
My ice cream is melting!!!
long haired yins man on 20 April, 2012 at 18:34 said:
Sorry fholks, had to listen to Clyde tonight, does anyone get the feeling that Delahunt is enjoying tonight……?
……………………………………………………….
Yeah, me too.
It seems that the Tim within Jim Dela, wants to come out to play :)))
Hail Hail
Scottish football is rotten to its sectarian core.
Rangers FC are rotten to their sectarian core @ Gerry McNee 2007 :)))
Hail Hail
Delahunt says Ibrox not worth what the books say they are worth.
HAHAHAHAHAHAHAHAHAHAHAHAHA
Kevjungle
Do you still think the Huns are going to do a Houdini ?
Jam67
Dont quite believe this – Duffer on Shortbread saying they will go with the Miller bid on Monday; which lunatics are running the asylum now ?
Shakespeare was one shrewd operator:
An Incubator, an Incubator, my football club for an Incubator.
Richard III was very underrated.
Now is the winter of our discontent
Made greasy square sausage
by the butcher of Brigton-
& All the Clouds that lour’d upon our Big House
In the deep vault of the bank buried…prescient or whit?
Beware! Beware! Thou long shadow cast
by dooms long approaching night
does hangover Ibrox way- but not all Knights
are Whyte: foe of huns, friend to fenians;
many are but bams disguised in honourable armour
playing hero to manky minions…
Snake Plissken on 20 April, 2012 at 18:45 said:
Delahunt says Ibrox not worth what the books say they are worth.
HAHAHAHAHAHAHAHAHAHAHAHAHA
lol lol lol lol lol lol lol
Hail hail
Hope you all noticed a young Mr Kayal in training there on the news.
Hurry back chief, hurry back.
Lads get yer dosh on 3-0 Celtic next sunday!!
Snake Plissken on 20 April, 2012 at 18:45 said:
Delahunt says Ibrox not worth what the books say they are worth.
You could hear and sense Keevins cringe. And Glee Delahunt skweems “it’s twue it’s twue”
So, let me get this right,accept the Bill Miller bid and they’re liquidated, or…..reject the bid and they’re, erm, liquidated? Difficult choice.
Jobo
Would love to see Kayal back for the Huns game,,,send him out Roy Keane style to sort Elbows out once and for all!!
Hail hail
Son of Gabriel on 20 April, 2012 at 18:48 said:
Hope you all noticed a young Mr Kayal in training there on the news.
===========================
That Kayal33 gets about does he no?
Dn’t all get carried away, Brian Kennedy, the stupid Edinburgh born Billionaire has said he’ll sort it all out if no one else has a spare £150 Million lying around.
I assume he has no problem paying the Big Tax Bill and doesn’t mind ponying up the £15 Mill to them from this year. Ticketus and all the wee small businesses that were going to get stiffed are now in line to pick up the full money owed.
Heck, he’ll even give them all a wee bit extra for the inconvenience.
Because as we all know that is how Billionaires act. They are rich, therefore they are decent. Just like David Murray and others. Honest to the core.
Away to google Stockport County………
Kev Jungle – correct …… He can’t hide it’s brilliant stuff. Do you remember the Rab C show when his brother Shug kids himself on and moves to Sidcup and marries into the middle class. Rab arrives for a visit and after three days Shug is shouting ” mad Shug fae Polmadie is back”! Great stuff, like Dela tonight, letting it all out…..Ibrox not worth it!
I really want Miller to buy them.
£11 Million.
Heck I’d buy them for that.
Blue Monday.
Snake Plissken on 20 April, 2012 at 18:45 said:
And that is what has put them in the shoite……… No audited accounts
Just in from, but from what I’m hearing so far, it’s
BYE BYE RANKERS, RANKERS BYE BYE……ON MONDAY….!!!!!!!!
Sorry, I need to go and lie down ……!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
RT they will not surrender to a timmy buying the club…… forget that ….. move on to preferred bidder….. must be riding a white horse ha!
V
THE SPL FAN SURVEY UPDATE
There have been a total of 13820 responses.
If Rangers are liquidated and reformed as a Newco, should they be allowed immediate re-entry into the SPL?
No (13238) – 95.79%
Yes (582) – 4.21%
In the event of a Rangers Newco being allowed immediate re-entry how, as a supporter of another SPL/SFL club would you respond?
I would continue to attend SPL fixtures as normal (1638) – 11.85%
I would NOT attend any SPL fixtures at all (7186) – 52.00%
I would continue to attend SPL fixtures but boycott any fixtures involving the Rangers Newco (4481) – 32.42%
I support an SFL team so don’t attend any SPL fixtures (515) – 3.73%
Do you back the SPL’s Financial Fair Play Proposals?
Yes (5288) – 38.26%
No (8532) – 61.74%
In all seriousness, how can one single club attract so many crooks, liars, freaks and madmen?
FFS, never mind Whyte, Miller, Billy Ng or Minty Moonbeams himself…..I still can’t get over the fact that a bunch of grown men are going round calling themselves the Blue Knights lol!
After so many false alarms, it looks like Monday really is THE DAY.
Then i feel the real fun will start.
Paul67 , great stuff ,keep telling it as how it is.
No.7 on 20 April, 2012 at 18:48 said:
Lads get yer dosh on 3-0 Celtic next sunday!!
Who missed the 3 Hun penalties ?
Jam67
Alistair just makes an absolute a**e out of Keevings re Lenny’s Hampden stats. Most enjoyable show this evening. Wee Delahunt sounds as if he is really on a roll tonight.
Jam 67
Duff & Phelps or Bill Miller take yer pick.
bonfanti1888 on 20 April, 2012 at 18:53 said:
In all seriousness, how can one single club attract so many crooks, liars, freaks and madmen?
Have you ever seen your local ludge photie in the papers? Mentalists to a man.
jungle jam67 on 20 April, 2012 at 18:46 said:
Do you still think the Huns are going to do a Houdini ?
…………………………………………………………………………………..
Yes.
Public-Disorder issue’s will decree that the hun will not be allowed to die in ‘Protestant-Scotland’ imo!
But, If the above does happen…the ball is burst in Scottish football because, If/when the huns are allowed to walk back in un-scathed then, I predict that fans from almost every other club will not attend the fitba here so, the baw is burst and, the hun has burst it IMO!
Hail Hail
Wouldn’t it be really really funny if the big tax case result was announced on MondayV
Maybe THEY won’t be around next Sunday?
No.7 on 20 April, 2012 at 18:48 said:
Lads get yer dosh on 3-0 Celtic next sunday!!
Don’t be daft!
There might not BE a Rangers come next Sunday! :-)
This is the end.
On the other hand if Bill Miller plays it right we could have Oldco huns and Newco huns in the SPL.
obonfanti1888 on 20 April, 2012 at 18:53 said:
In all seriousness, how can one single club attract so many crooks, liars, freaks and madmen?
FFS, never mind Whyte, Miller, Billy Ng or Minty Moonbeams himself…..I still can’t get over the fact that a bunch of grown men are going round calling themselves the Blue Knights lol!
================================
Literally LOL!!!!!
A colleague of mine said they were like the Robin Hood character in the old weetabix ad. He charges up to the sherrif of Nottingham sees him eating his weetabix and turns on his heels……….
‘Should he escape back to Sherwood, course he should, course he should course he should’
The Knights who said No………
How am I going to get to sleep tonight, let alone on Sunday?!
I’m like a little child on Christmas Eve!
On Monday morning I plan on opening my bedroom window and serandaing a variety of Victorian tradepeople (street vendors, chimney sweeps, chestnut roasters, etc.) in a falsetto voice:
‘Who will buy, this wonderful morning…’
Just had another thought … If they go with Bills bid and 2 rangers exist side by side… One will still be in administration come next season…. So who gets the 10 point penalty?
This bid is absolute nonsense as the chap on Clyde is making clear right now,
ibleedgreenandwhite1 on 20 April, 2012 at 18:40 said:
Administrators on SHortbread just now saying that Miller has indeed spoken to the SFA-SPL!!!
Somebody is telling porkies????
They are saying Miller told them he had spoken to them. Slight difference.
Are these admins real! Do they believe anything anyone says to them.
TBK, BK, Ng, Well I suppose they do!
long haired yins man on 20 April, 2012 at 18:50 said:
…………………………………………..
Absolutely correct m8!
Superb stuff :)))
Hail Hail
Would the bookies pay out on 3-0 of der hun liquidates prior to game?? Easy money lads.