Blowhards + compliant media = liquidation

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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.

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  1. philvisreturns on

    Awe_Naw_No_Annoni_Oan_Anaw_Noo – as long as its a battle that can be won we will attempt it. That´s the British army for you – It helps with re election

     

     

    Like that blatantly pro-Churchill advert that was WW2. (thumbsup)

  2. Sir Paul

     

     

    When.. Whytie, first made his Appearance as a Serious.. and as it subsequently turned oot..ultimately, becoming a Successful Buyer, of Murray’s Folly(copyright, Nutsy.. Las Vegas.. 2012;

     

    Ah… Jist couldae understaun, Why He wid Even Consider Buying intae Such a Financial Morass..

     

     

    Noo ..in Clear ,as Crystal. Hindsight..

     

     

    It noo , Becomes…Crystal Clear.. which is even Clearer than ..Clear as Crystal!…

     

     

    That.. Whytie, had it awe figgered oot..

     

     

    And Whit did he Figger?

     

     

    Well.. Exactly.. whit is Noo Going oan .. at Ibrox in the Marsh!

     

     

    Noo. Ah realize ..that Whytie is jist no an Ugly Face.. wi’ Piggy Eyes.. and a Shifty Manner!

     

     

    Na..

     

     

    He is a bit o’ an Evi Financiall Genius.. intae the Bargain!

     

     

    Part o’ me… Is Obligated tae Admire Him.. and Anither Part of Me..is Ashamed of the Part of Me, who is daeing the Admirin’!

     

     

    Oh Weel.. like, Ah hiv oaften done tole ye,pal..

     

     

    Ah am a Very Complex Personality!

     

     

    Anyway..

     

    Ah guess, then . Tomorrow , is the Final Day of Reckoning.. Regarding ,who Hit John.. or.. it wull turn oot..

     

     

    Tae NO BE…the Final Day of Reckoning o’ Who HIt John..

     

     

    which,hisnae Anything tae Dae wi .. the Subject under discussion..

     

     

    But, Ah jist Threw that in.. jist tae Keep the Confusion Goin’!

     

     

    Kojo

     

    Still Laughin.. And Laughin and. Laughin’

  3. Jingle Jackson’s idea of journalism is to be on first name terms with everyone (like a ludge meeting) and simply write or say whatever they tell him to.

  4. Celtic Mac:

     

     

    Can just imagine all those Armani suited flash harry huns sitting on mauve coloured PVC seats ( wae the yellow foam sticking oot)…walking tae the tuck shaup wae their Italian leather shoes sticking tae the baldy carpets…eating concrete hard pies & drinking stewed tea fae polystyrene cups in places like Ochilview or Shelfield…ahhhh that would be sweet!

  5. philvisreturns on

    macjay1 – Not her intention,I`m sure.

     

     

    But not-not her intention either.

     

     

    Obviously her main intention was to liberate the Falkland islands.

     

     

    She was happy to see the end of that evil regime as well though. (thumbsup)

  6. Regarding the Falklands war, and the saving of the plucky islanders from the clutches of fascism, we shouldn’t forget that the war wouldn’t have been won without the help of that nice General Pinochet.

     

     

    I sometimes wonder what the people of the Chagos Islands made of it all.

  7. macjay1 for Neil Lennon on

    AndyM on 19 April, 2012 at 14:19 said:

     

    Argentinian aggression against Chile in `81 is often forgotten or ignored.

     

    Thanks for the reminder.

  8. philvisreturns on

    ernie lynch – We wouldn’t have won WW2 without the assistance of that lovely Mr Stalin. (thumbsup)

  9. Keep Up,Awe Naw…

     

     

    At the OAS Conference last week,The Greatest Leader Who Has Ever Walked The Earth ‘re-christened’ the Falklands..

     

     

    The Great Zero declared that henceforth,they shall be referred to as the ‘Maldives’..

     

     

    Do you think he has plans to resettle the inhabitants of the doomed Indian Ocean archipelago,before it sinks beneath the waves,as a result of frequent ‘fact-finding’ visits by Lord’Two Jags’ Prescott and his comely aide ?

     

     

    Up The Hoops…!

  10. philvisreturns on 19 April, 2012 at 14:33 said:

     

    ”ernie lynch – We wouldn’t have won WW2 without the assistance of that lovely Mr Stalin. (thumbsup”

     

     

     

    Not quite the same is it?

     

     

    It wasn’t Uncle Joe we have to thank, it was the people of the USSR.

  11. macjay1 for Neil Lennon on

    yorkbhoy on 19 April, 2012 at 14:34 said:

     

    Yes old Maggie hated facist dictators… General Pinochet?

     

     

    Can

  12. Does anyone know how liquidation be announced? Will it be a solemn pronouncement from Wedge and Lever or will a different firm of liquidationrs be appointed first? Or will a sun tanned MBB announce it from a Monaco cafe? Will there be a definitve moment when we should start drinking the champagne?

  13. philvisreturns on

    ernie lynch – Not quite the same is it?

     

     

    Not if you’re determined to believe otherwise. (thumbsup)

  14. Paul67 and David Peter Deans,

     

     

    Didn’t Lester Piggot do some porridge for tax evasion in the 80’s? I can only imagine that he horsed himself good and proper in the ole evidence stakes (differences in Scottish and English Law notwithstanding). This mob of shysters at the poundland dome are taking HMRC for a ride and saddling a nation with their debt while they hoof it to a Newco. It’s an absolute mare. As ole Lester said “Oine enirnyoyo neronyeo”, and I for one am in no position to argue.

     

     

    That is all.

     

     

    Swiss

  15. Tim Malone Will Tell on

    picinisco

     

     

    thats a hell of a good question.

     

    I suspect that you’ll hear somebody on Clyde or Shortbread muttering something about hybrid administration before getting tore into Neil Lennon.

  16. Kojo – I think we all guessed at what Whyte had in mind as it was the only thing that made any sense but I also think we all thought nobody could be that mad.

     

     

    We were wrong….

  17. macjay1 for Neil Lennon on

    yorkbhoy on 19 April, 2012 at 14:34 said:

     

     

    Can`t remember Michael Foot`s condemnation of assistance from Pinochet.

     

    Can you?

  18. philvisreturns on 19 April, 2012 at 14:39 said:

     

     

    Were the Chilean people involved in helping the UK over the Falklands or was it only the fascist junta?

  19. Thanks for that overwhelming response to my cry for help at 14.09 (Not). Perhaps I need to go back to the neil Lennon debate to get some reaction?

  20. My dear,dear,dear,friend.. Ernie Lync

     

     

     

    The Time in Las Vegas is Six Thirty Nine.

     

     

    and..

     

    If ye believe that Ah Kojo ..is NOT in Las Vegas

     

     

    Ask

     

     

    Sir Paul..

     

     

    Ah am sure he Wull be maist Obliging .. and

     

    Tell Ye ..

     

     

    That .. Kojo is. well.. Soitenly.. a Legal Resident.

     

    at this Very Time..

     

    In

     

     

    Las Vegas, Nevada.. U.S.A.

     

    and

     

    From where he is noo.. sitting at his Computer

     

     

    in his Oaffice.. surrounded by..

     

     

    Six o’ his assistants..

     

     

    Writing, this stuff ,whit Ye are Readin’!

     

     

     

     

    Kojo

     

    Yer pal..who likes ye aloater

     

     

     

    Still ,Laughin’

  21. Kilbowie Kelt on

    ernie lynch on 19 April, 2012 at 14:37 said:

     

     

    What time is it in Las Vegas?

     

    _____________________

     

     

    :¬))))))

     

     

    …………..But, aren’t they wonderfully astute in that part of the world ?

  22. macjay1 for Neil Lennon on

    ernie lynch on 19 April, 2012 at 14:42 said:

     

    philvisreturns on 19 April, 2012 at 14:39 said:

     

    Were the Chilean people involved in helping the UK over the Falklands or was it only the fascist junta?

     

     

    The fascist junta of Chile or the fascist junta of Argentina?

  23. picinisco 14.37

     

    What a great question.

     

    IMHO Dupe & Duper will get the nod from “our hero” jump into the nearest phone box and change their administrators suits for new black shiny liquidators ones. Then meet up with their boss (our hero) & withey to start counting just how much they have made out of the hate factory.

     

    HAIL HAIL

  24. philvisreturns on

    macjay1 – The fascist junta of Chile or the fascist junta of Argentina?

     

     

    Splitters. (thumbsup)

  25. philvisreturns on 19 April, 2012 at 14:44 said:

     

    ”ernie lynch – Was Joseph Stalin our ally in WW2? (thumbsup)”

     

     

     

    For some of it, yes.

     

     

    Harry McShane used to tell a story about a march/demonstration he organised in Glasgow during the war when he was a CP official.

     

     

    The march set off from George Square with a set of demands and by the time they got to Glasgow Green the demands had been reversed.

  26. Steve Davis up for player of the Year?! Is that a JOKE!

     

     

    IF they have ANY player who is up for POTY then it has to be Bocanegra…Mulgrew HAS to win it. Easy decision.

  27. philvisreturns on

    ernie lynch – The march set off from George Square with a set of demands and by the time they got to Glasgow Green the demands had been reversed.

     

     

    At least they had demands in those days.

     

     

    Modern hard-left revolutionary protests are rubbish. (thumbsup)

  28. My dear,dear,dear,friend.. Rogue Leader

     

     

    Ah wiz definitely, wrang..as well. We wur awe.

     

     

    Ah hiv noo done a Wan Eighty.. and am Noo ..

     

    of the Opinion ,that thur ur Nae Flies oan Whytey..

     

    He planned it ..and if worked oot..

     

     

    Exactly, tae his satisfaction.

     

     

    The only question , that remains.. is

     

     

    How MUCH dis He want fur .. “That Dug..in the WIndae?”

     

     

    Ten . Twenty.. Thirty . Forty.. Million??

     

     

    Man.. Ah am Enjoying this .

     

     

    It jist Keeps oan gettin’ . Bettah and Bettah..

     

     

    Kojo

     

    yer pal..who likes ye aloater

     

     

    Still, Laughin’, tae.

  29. Wonky

     

     

    McCarthy yes, Hemingway no. A Farewell To Arms, For Whom The Bell Tolls and Death In The Afternoon as powerful as books come.

     

     

    RogueLeader

     

     

    Thanks, thought as much. So it is a “we reckon we’ve got around £14m to put up for ownership of a debt free Rangers but we’ve got no idea whether this amount will even buy the shares never mind pay off the debt” kind of offer? Easy to make a quick guess as to what some of those pesky conditions might be then.

  30. POTY nominations : Mulgrew, Davis, Daly & Shiels

     

     

    YPOTY nominations : Forrest, Russell, Mackay-Stevens & McLean

     

     

    no Ledley in POTY or Wanyama in YPOTY??

     

    no Motherwell player given they’ve been 3rd place all season?

  31. Auld Neil Lennon heid on

    iki on 19 April, 2012 at 13:07 said:

     

     

     

    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.

     

    —————————————————

     

    I really like how you have expressed that because were it McCoist in the frame Rangers would still win,grinding out a result as they call it.

     

     

    Refereeing simply has to be made more accountable. The police have similar authority as referees in terms of deciding to curtail another persons freedom, but they are accountable if they misuse the law.

     

     

    Referees face no such check and all it takes is a wrong un in a position to influence, and the conditions for misuse are present.

     

     

    That is why the appointing of referees has to be a joint matter between SPL and SFA and the evaluation has to be with the SPL. They can bring in ex refs from anywhere but Scotland to do the evaluation. That evaluation would be linked to pay and good performances would be rewarded by higher pay and poor ones would see pay reduced.

     

     

    Such an evaluation sysytem would also bring a level of consistency as it would become obvious over time if a referee was making the same mistake or making it one game but not another.

     

     

    You cannot manage what you cannot measure and it appears there is no standard of measurement that applies gtame to game.

     

     

    This is not rocket science and resistance its not anything underhand on referees part either, they just enjoy the blanket authority they currently work under and would resist attempts to change it. In their shoes I might do the same but for the good of the game and the long term good of referees the way things are MUST be changed.

     

     

    We want professional referees, professionally managed and monitored with professional pay (that seems to be the case currently in terms of hourly rates). If the SFA cannot recruit and train enough to the required standard then foreign referees can fill the gap. Their authority on the park needs to be upheld and their power off it significantly diminished. They are servants of football not its masters (bar the 90 minutes plus injury time).

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