Comments reported today from Paul Murray, Rangers director during their infamous EBT period, get to the heart of the immediate problem facing Duff and Phelps. Murray said:
“On Monday I made it clear that, in the best interests of the club, the Blue Knights were prepared to take a step back from this process.
“We did so because we did not want to further delay the absolutely critical task of selecting a preferred bidder.
“But we also made it clear our offer was still on the table.
“Now, in the light of the lack of activity over the subsequent 48 hours, I am reconsidering our position.”
Murray’s Blue Knights, no doubt in common with all other bidders, were offered a period of exclusivity as preferred bidder in return for paying a non-refundable £500k. The Blue Knights declined and no one else has been prepared to put their cash on the line.
The Blue Knights are “reconsidering [their]position” about what? They left their bid on the table and refused to pay the £500k. If they reconsidered this can only mean they have removed their bid completely or they have agreed to pay the £500k.
The last thing Rangers need is another blowhard using a compliant media to make people believe he will put cash on the table without actually doing so. Murray goes on to use phrases like “absolute urgency” without realising put up or shut up time happened weeks ago. Liquidation draws near, if he cannot pay to become preferred bidder he is a (welcome) distraction.
You would have thought this guy did enough damage when he was director during the EBT years! It’s almost like there is a group of malevolent CQN’ers teasing the administrators with promises and media campaigns in an attempt to consume all available rescue time. Every couple of days one will pop up full of bluster and inaction. We’re talking about £500k for a consortium presumed to have multi-millionaires; so what if they lose, the cash goes to the creditors and surely it’s worth taking the chance?
If it was Celtic, you, me and thousands of our friends would have put the cash on the table weeks ago.
The most recent deadline to appoint a preferred bidder is tomorrow. If Duff and Phelps cannot do so you can be assured that there are no proper bids.
As we have said from day one, despite Duff and Phelps magnificently inaccurate “irrelevant” comment, there is only one show in town and that’s Craig Whyte. More on him, and why he’ll not walk, away this afternoon.
The charity auction on eBay for a unique Neil Lennon painting ends at 20:44 BST tonight. This guy’s image is worth more than any other sportsman, we’re now over £4k! Rumours of the decline of his legend are completely fabricated.
Buy a hard copy of CQN Magazine, issue 7, by clicking on the button below. You can read online here.
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Celtic need to employ Alex Thomson to investigate the blatant sfa/RFC pact and a good lawyer in the mould of Paul mcbride and take case to uefa .
Lennon rt on twitter a comment we need to get out of this league.
Paul or anyone do you believe we are letting all the evidence build up to give us a strong case to approach uefa about leaving this rotten league ??
Auld Neil Lennon heid on 19 April, 2012 at 12:31 Like you,I will not miss them one bit,of course we enjoy a win but the thought that we are not competing on a fair basis,with facts to prove it,removes any notion that it is an occasion to be enjoyed.
I can take a defeat what I cannot take is the intervention of an official awarding game changing decisions,which in Cup contests DO NOT even themselves out.
Perhaps we did play badly and the team format in both Cup games could have been better,however we reserve the right to make errors,and have an off day,without the intervention of cheats posing as officials.
Until their involvement we were still,playing badly by our standards ,in both games.
The sooner RFC is gone and the influence it generates the better.
The end draws nearer.
Myself, I would like to see Rangers liquidated and a newco based at Ibrox, with a different name, admitted to the bottom tier of the SFL.
That’s just so you know where I am coming from when I say:
a) It’s called a “league” for a reason – these clubs are in league, and always have been. All of them. And though we fans, and the journalists, avert our eyes from this fact, the owners, at least the ones with any brains and/or a conscience, do not.
b) What would be best for Celtic is not a million miles away from what’s good for the league that we are members of. In this case we are in the happy position of being able to do something that’s the right thing for our club and the damaging thing for our great rivals: that is, set up a more equitable distribution of matchday income in the SPL. Twenty-five or thirty percent of matchday income to the visitors will be a handicap to ourselves, but a near-unbearable burden for a club obliged to pay millions a year to a well-funded and hard-hearted creditor with prime claim on ticket sales.
It’s not even a hard case to comprehend.
excathedra44,
“The sooner RFC is gone and the influence it generates the better.”
it will not be gone, just look at dougal and dullass, I expect it to get worse yet, especially when they’re gone.
ASonOfDan, patience.
Voguepunter, aye, I know what you mean.
RogueLeader, bizarrely, for a man who speaks to the media so often, no one has asked Paul Murray if he received an EBT from Rangers.
Auldheid, aye, Nicollo knew strategy.
canamalar, my money is on your latter suggestion.
KevJungle, knoxy, can you believe a consortium of millionaires in collaboration with all major fan groups are not wanting to commit £500k?
excathedra44, aye.
KINGLUBO, you raise a good point. He should fail any test.
Sheik Yerbouti, indeed.
proudbhoy, it’s a lot more complicated than that. Also playing to the galleries regarding Neil would be a mistake. Neil goes into the hearing today with his lawyer, this is the correct way.
Auldheid
I’m with you on that, would much rather becoming competitive in Europe again for big games with great atmosphere.
You missed one point about dodgy referees & ‘OF’ games… I wouldn’t miss Stuart dougal/Dallas coming out on the Monday morning praising the ref no matter how bad his decisions!
I have heard from some rugby boys in Edinburgh that this guy Kennedy wants Rangers (IA) ground to play rugby on for Scottish rugby. They will not allow him to use Hampden and the facilities are poor at Firhill.
Rugby is about to become big business and much to most people’s amusement in Scotland there are a lot of people into rugby. With the cost of football tickets and the general unfriendliness of the match experience at most grounds parents will turn to rugby for their children and the matchday experience is probably more to their liking. We now live in an era where people have more cash but choosy about what they spend it on. You can have a drink at the rugby but not at the football. That too is appealing for many fans. There is no grief at the rugby with tribalism, rivalry or bigotry. This guy Kennedy is smart. He can get a very good stadium for a fraction of it’s value and a free training ground thrown in. He can also host concerts at Ibrokes and make even more cash. Would he mind if the new football team from Govan used his facilities? Probably not but it will be his interest in rugby that will see him enter the fray again for the Rangers (IA) bid.
Keep your eye on this guy. He wants that ground for Glasgow rugby as both Edinburgh and Glasgow want to become big players in the new rugby arena and there is a lot of cash to be made!
LB
Craig Whyte doesn’t do walking away!!!!!!!
LB
Its not as if he’s never done that before now is it?
LiviBhoy – you mean he is going to do EXACTLY what he did with the last club he owned? Never :)
Just like Our Hero did EXACTLY what he has done with every other company he has ever been involved in.
The funniest part of this whole debacle for me is that the self styled protectors of Rangers’ public image and gorgers of succulent lamb, have cut and pasted their way from PR releases to the doom of the club they love.
It is delicious.
Om nom nom
Awe_Naw_No_Annoni_Oan_Anaw_Noo – (from earlier on)
If I may interject…
If the Malvinas was so vitally important why are the left so exposed after only 30 years ?
I don’t think they’re exposed exactly. The defence force on the Falkland Islands is considerably beefier than it was in 1982.
Sure, if Argentina committed all of its military resources to an invasion, they’d likely win due to weight of numbers and the fact that they only have about 300 miles to travel as opposed to 8000 miles for any British relief force. But they’d know they’d been in a fight.
The simple fact is this: the Falklands aren’t vitally important to the UK. But we can’t allow hostile foreign powers to simply annex our territory. No British government, whether Tory, Labour, or the current human centipede administration, could survive the political fallout from such a scenario.
Argentina has no claim on the Falklands, it was never part of Argentina in the first place. The islanders don’t want to be part of Argentina, and the British government has a duty to defend its citizens.
The current leather-faced fascist in charge of Argentina is stirring up nationalist fervour over the Falklands for the same reasons her leather-faced fascist predecessors did 30 years ago: Argentina is a pathetic basket-case economy with runaway inflation thanks to the incredible ineptitude and rampant criminality of its own government.
It’s as if Dave Cameron tried to distract us all from how crap his government is by threatening to invade the Faroe Islands.
Quite simply if the Argentinains wanted them back they can take them and there is
nothing we could do about it according to every British miliatry expert
It seems that it was expedient to invade them when they did … mmmhhhhhhhhhhh.
Cock-up rather than conspiracy. Britain tries to be a first-rate power with a third-rate defence budget. It has always been thus.
At least we still have Trident. (thumbsup)
Livibhoy 12:50.
rangers IA have been playing rugby there for years.
LiviBhoy on 19 April, 2012 at 12:50 said:
“Rugby is about to become big business “…..aye right , if thems go out of business altogether a few of the surname clan would take young Fraser along with young Cameron and Baxter for a wee while, but that would be it.
Sorrry , we are a football nation.
LiviBhoy on 19 April, 2012 at 12:50 said:
for info, Glasgow Rugby is owned 100% by the SRU. The SRU do not currently allow private external investors to control or part-own the 2 professional teams.
Kennedy owns Sale Sharks – an english club, but he has no involvement at all in Glasgow Rugby.
LiviBhoy @12.50
“Rugby is about to become big business and much to most people’s amusement in Scotland there are a lot of people into rugby.”
There are currently 6 countries in the world who take rugby seriously. Scotland are ranked 11th – Fact!
There are only 7 people living in Scotland today, who have watched a live rugby match but who haven’t received at least one Scottish International Cap – Fact!
;-)
Afternoon Bhoys,
I agree it is time for the Board/PL to step up to the plate for Neil.
Either they think it is acceptable for the MIB’s to continue cheating us and stay silent or back Neil to the hilt.
Neil has had to face everything that the scum we have for sport’s media throw at Celtic and him in particular for the last two years whilst constantly having to look over his shoulder for the next attack from the Billy Boys.
PL has to produce this secret dossier (if there is such a thing) and back Neil or go to the back of the bus again.
Neil has made mistakes in terms of confronting the cheats and some mistakes with the Team as well but these are trivial in my opinion.
Neil has had it with the MIB’s and so have the Fhans.
Paul talks about blowhards re RFC(IA) but we also seem to have some in our own support it seems (unless they have been mostly huns masquerading as Celts in these purile phone-ins).
The abuse Neil has taken since Sunday has been obscene.
It’s time for all Celts to stand behind Neil in this vindictive attack by the SFA.
I am Neil Lennon.
YNWA !
Hail Hail !
Heard there was thirty odd thousand at a recent Edinburgh rugby game, Heiniken Cup? Anyone know if this is true? Club rugby is growing more popular and the orcs do play a semi rugby kind of style so could be true.
Certainly would explain some of their bad tackling………….maybe they’ve taken lower wages whilst they are being retrained as rugby players……..better warn the SRU!
The so-called bidders for RIA whilst pretending to be potential saviours are nothing but a bunch of vultures waiting to pick over the entrails.
Everyone
Now
Thinks
Rangers
Are
In
Liquidation
Soon
auldheid. ernie. barcabhoy
TO YOUR KNOWLEDGE HAS THERE EVER BEEN AN ADMINISTRATION HANDLED LIKE THIS ONE. BRITISH RAIL HAVEN,T HAD AS MANY DELAYS ..AND ALL PLANNED DELAYS AT THAT..FOR THE BENEFIT OF THE ORCS .
JIMTIM
.
Can anyone tell me when the hearing is today, please…?
Paul67 –
“It’s almost like there is a group of malevolent CQN’ers teasing the administrators with promises and media campaigns in an attempt to consume all available rescue time.”
We are all Paul Murray…
Excuse me for apearing to be a bit slow Guys, i thought anybody caught evading paying taxes, were commiting offences that usually warrants a court case, with the offenders sent to prison if proven guilty. Surely all the directors and people who have been running Rangers for the last 30 years or so should be facing years in prison for tax evation. I can hope cant I. Laugh out loud.
Philvis
I thought it all dependent on the airfield.
If the Argentinians grab it then the Malvinas will be there´s unless the UK gets military handers so to speak.
So as I stated before it was a convenient tub thumper for Maggies relection and part of the UK government Oil exploration portfolio
We should give it back to the American indians .. they were they first …. and planted a flag
Hail HAil
Hail Hil
excathedra44 on 19 April, 2012 at 12:45 said:
Auld Neil Lennon heid
Let’s say that all of our critics are correct.
Neil picked the wrong team.
Neil applied the wrong tactics.
The players were rubbish.
In spite of all that, it still took a referee to split the two teams ….. yet again.
For the older ones
new murray mint, murray mint,
to good to hurry mint
I’ve read on here in the last few days that Neil will be represented by Derek Ogg QC but reading the Herald this week I notice that D. Ogg is involved in the ‘Gerbil’ murder trial. I think the trial is adjourned for the day because of a bereavement in the family of one of the prosecution team but that has only been decided in the last few days after news that Ogg would represent Neil Lennon was first revealed on here by (I think) Mickbhoy 1888.
Does anyone know for definite who is representing NL?
I would think Ibrox is too big a stadium for rugby matches. Edinburgh usually get 5,000 for their Murrayfield games – they did get 30k for the Toulouse game but taht’s a one off.
In fact, a lot of people think they would get a bigger crowd if they played in a smaller stadium :-)
No – it would be a big risk financially to stake all on a rugby team at Ibrox. His team, Sale, after all, don’t get big crowds.
Just listened to SSB.
The panel seemed to be arguing that Neil is wrong to be saying that the decisions are personal and at the same time saying that referees are only human and will tend to decide against Celtic because of previous criticism.
Self contradiction compounded by their admission that if they were referees that is exactly how they would behave.
theirs
TheOriginalSadiesBhoy on 19 April, 2012 at 13:10 said
This mornings press says it will be Mr Ogg QC
Preffered bidder=some mug to throw £500000 down the drain
Tick tock. Tick tock
Havingapartywhenthehunsdiex csc
Newco Bidders – The Opera
http://www.youtube.com/watch?v=GFwjp3GfEGM
Re Keevins.
Like myself, he is approaching the stage where he will soon have to give an account of his stewardship.
Bad an’ all as I am..and I am, I wouldn’t like to be in his shroud when the time comes!
Whatdoesit profitCSC.
DJBEE on 19 April, 2012 at 13:09 said
OMG that makes me an ‘older one’ :-(
So who is the preferred bidder ?
DJBEE on 19 April, 2012 at 13:01 said:
Heard there was thirty odd thousand at a recent Edinburgh rugby game, Heiniken Cup? Anyone know if this is true? Club rugby is growing more popular and the orcs do play a semi rugby kind of style so could be true.
+++++
There was 38,000 at the quarter-final of the Heineken Cup. They are expected to sell 10,000 for the semi-final against Ulster in Dublin.
deliasmith
Clubs with much bigger stadia will be penalised much more and so that will mean Celtic and us as supporters will be subsidising the rest of the league. We already give so much in terms of away fans filling stadia up and down the country, it would be wrong to ask for a contribution from our home gates too.
Two main flaws with a simple 25% matchday income to away clubs:
a) Larger stadia require many more overheads to run; and
b) Ticket prices are different for each team.
Using figures for 2010/11 and assuming each ticket costs £25 and giving away clubs 25% of matchday income shows that:
Celtic would have been £4.45m worse off;
Rangers would have been £3.58m worse off.
Hibs +£16k better off;
Aberdeen +£500k;
Dundee United +£1.1m (Due to an extra game at Ibrox)
Hamilton +£1.1m (Due to total home attendaces of 55k)
ICT +£870k
Kilmarnock +£750k
Motherwell +£1.1m
St Johnstone +£1m
St Mirren +£800k
It’s a laudible suggestion but completely unworkable and unfair to those who already give so much more than they receive.
Mort
This would fit in with sir moonbeams moving from football to rugby
Hail Hail