There was a degree of anticipation that we would hear the official announcement today of the creditors meeting Duff and Phelps planned to hold on 6 June, where a vote would be held on the proposed CVA. Creditors must receive notification of a meeting, with proposals, 14 days in advance, with notice normally given by post and by advertisement.
STV today revealed that the administrators hope to send details “at some point this week”. Tomorrow is the last postal date for items to be delivered on time for a 6 June meeting, but it’s seldom administrators would leave themselves at the fortune of the final postal collection. It would be embarrassing if Duff and Phelps were unable to even get to the stage of putting a proposal to creditors.
Inspired by the stories of three children, Celtic Quick News readers this year have raised a considerable sum of money for research into Neuroblastoma. One of them, Niamh Curry, age 5, slipped away yesterday. There are no words or sentiment of consolation to offer, but our thoughts and prayers go to Niamh and her family.
You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.
The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.
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alex thomson@alextomo
But I strongly suspect they will not want any comeback on report – so will want every possible player investigated. Just sayin.
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2m alex thomson@alextomo
Scottish Premier League boss says nothing to report in public on the dual-contracts probe.
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16m alex thomson@alextomo
Am speaking to ND soon
alex thomson @alextomo
TOMOBLOG – The Mother Of All Oversights?
Coming soon…
NFL
gives it big THANKS to the GB
Was on huns media (I know but It gives you an insight ino how sick minds work) there and they have a post about RTC and they’ve put a guy’s name who posts alot on there and the town he lives In, there also basically giving his street address aswell. Wasn’t long ago on here someone wanted to know who was involved in the RTC website and was quickly advised how stupid this could be. Was posted from that horrible VB bunch, there the lowest of the low In huns and thats saying something from that lot. There not even 100% sure, they say “we are led to believe”, what if this poor guy has nothing to do with the RTC website, even If he does Is he not allowed to post anything about there demise, the naming of him has got to mean the police getting involved surely?
NFL
trim the squad, but 3 or 4 quality in.
Mulgrew a role model for all young players.
Tomo blog
http://blogs.channel4.com/alex-thomsons-view/revealed-rejected-bid-buy-rangers/1593
NFL
fave game Udinese away.
fave goal – Joes the day we won the league.
Give the SpL 2 years notice,who knows where we might end up.No gun to our head,turn it back on the alleged powers that be.
NFL
message to the fans.
privalage to play for you,
Channel 4 News has seen a copy of an account held in the Malaga branch of La Caixa – a major Spanish savings bank.
That’s my bank!!!!!
Just dropping in to say how gutted I was when I heard about little Niamh early this morning. Totally devastated for her & her family. Rest in peace little one xxx
Will check in again later guys. Off out with the kids for pizza. Oscar is allowed to be around his wee sister again :-)
Knoxy
Gordon J,
Don’t think I ever got past the first paragraph of Tolstoy as a child / youngster.
Never tried as an adult – think I always preferred stuff I could relate to.
Loved Kidnapped, but never got past the first page of Treasure Island or A Tale of Two Cities.
Maybe I should re-visit all these old classics.
I think Mr Tolstoy will forever remain an unexplored mystery to me though.
.
If I had 500 million euros, I’m not sure I’d be leaving it lying around in a Spanish bank at the moment…
!!Bada Bing!! on 21 May, 2012 at 18:54 said:
Agreed. When the inevitable happens give the SPL our 2 year notice. That will kill the TV deal stone dead and also any deal for a Clydesdale Bank league sponsorship replacement next year. Inform the SFA why we have resigned from the SPL and tell them we expect them to uphold the sporting integrity of Scottish football and ensure that we are playing in the top Scottish league in 2 years time. Inform UEFA what we are doing and tell them we expect them to ensure that the SFA comply with their FFP measures and that all clubs meet their registration requirements.
Sparkleghirl,
dont suppose your husband is called Maurizio Giglioni? :-))
gordybhoy64 on 21 May, 2012 at 19:05 said:
No……but he’s obviously loaded, likes football and lives nearby…….I might check the phone book :)
Poor taste in football like..
Kayal 33-Of course we must see how this plays out,but I think we all know we will be getting shafted to rehabilitate the hun.
Alasdair
Did you get my mail?
Where was this guy and his backers when they were up for sale for 5 years and when they were available for a £1? porcierto.
Thomson of Dundee United now got his excuse to vote for newco…..
Fans group warn of SPL ‘meltdown’
Dundee United fans group ArabTRUST has warned the SPL could go into meltdown if there is no Rangers next season.
The group, whose chairman is former Tannadice director Derek Robertson, has estimated a top flight without the Ibrox club would see the Tangerines revenue drop by £1.4 million.
Alasdair,
I haven’t read War and Peace but did get through the other three you mentioned many years ago. Never really got on too well with Russian authors to be honest.
Alex Thomson’s latest blog is just bizarre.
He has clearly been set up.
Dungaster probably has nocturnal visions of a bloated bigot, like Moby Dick wearing a baseball cap, waiting at SPL HQ on giro day- they are particularly dangerous on Giro day- an opaque gaze suddenly appears in the glassy eyes…high on microwave pizzas/whitelightning…Neily boy probably imagines some “big house must stay open” type charging at him like a dumb beast in mating season (the hun version is giro day)…an insane elephant bull with a riot of evil cjemicals in its tiny brain as it catches a scent of an SPL adminstrator…smashing with blind rage through metal barriers, the blood boiling thick & warm like nitroglicerine…he catches Dungaster with an aluminium NHS crutch then proceeds to maul him in a maniac frenzy of deranged violence…
Its all moving in on Doncaster.
kayaal.
i posted the Arab trust statement yesterday.
i read it as the club will lose money but the trust don’t care and they are a NO TO NEWCO
If any business man had 850m euro to invest …why pick a stricken SPL team
what would their return be
as for the guaranteed 6% return investment bond ….bollox
The Honest Cover-up on 21 May, 2012 at 19:13 said:
”Alex Thomson’s latest blog is just bizarre.
He has clearly been set up.”
It sounds like it.
There’s no point asking for documentation to establish credibility, documents can be faked.
Someone claiming to be operating at that level must be known to people in the public sphere who could confirm whether or not he’s genuine.
And why would money that was earmarked for a property development in Canada be switched to a football club in Glasgow?
meant to add
Thomson might be taking the Michael ….why not they`ve been abusing him for months
Tristan….??
Not that cheeky japester Tommy at it again is it…!?
Newco Rangers could avoid sanctions from SPL
By Alasdair Lamont
BBC Scotland
Rangers could start next season as a new company in the Scottish Premier League without incurring any sanctions – such as a points deduction or fine.
A vote will take place next week to decide what should happen to clubs who come out of administration in this way as “a new company”.
“I am not entirely sure why a distinction is made between the two routes out of administration”
Neil Doncaster
SPL chief executive
Fans of other clubs have been demanding tough sanctions.
But SPL chief executive Neil Doncaster said: “Newcos have been allowed within UK football for many years.”
Rangers hope to exit administration via a Company Voluntary Arrangement under the consortium led by Charles Green.
But the former Sheffield United chief executive and his group may seek a “newco” route if such a proposal is rejected by creditors.
“Newco is typically the way businesses in general escape from administration,” Doncaster told BBC Scotland.
“It’s far more common than a CVA.
“So I am not entirely sure why a distinction is made between the two routes out of administration.”
SPL clubs will meet at Hampden Park on 30 May to debate new financial fair play rules, having twice delayed voting on the proposals.
kayal/siant stivs
i read it as saint stivs …
Tristan Loughran
Have a think, it’s a load of old malarkey to discredit AT, €500m in a Spanish bank! Aye right, has he just moved it fom the Greek bank, then to the Portugese bank before finally clearing it through the Provvy bank just in time for it to be moved thru the Loadamince bank just in time to buy them for under a pound or a pair of sports socks, 3 for a pound, sports socks…..ha ha ha…
….PFayr on 21 May, 2012 at 19:20 said:
Perhaps, but would he really use Channel 4’s website to do so?
All very strange.
The famous Tommy from the Huddleboard is said to be involved in this one.
KOJO my old palomine if you’re lurking
Not heard from you in a while, hope your wee procedure went well and if you want to be known from now on as “Gloria” that’s fine by me!!!
Seriously, hope you’re a lot better now and looking forward to your great posts.
Hail Hail
KINGLuBO
agreed, smear tomo campaign undeway
“Newco is typically the way businesses in general escape from administration,” Neil Doncaster told BBC Scotland.
“It’s far more common than a CVA.
“So I am not entirely sure why a distinction is made between the two routes out of administration.”
The last sentence is an indictment of this foolish man and the role he has.
He has not got a clue why a distinction is made between the two routes out of administration. A distinction that we all know about: one alows the creditors to be part of the solution while the other one doesn’t. In his view, as long as the club comes out of administration, the route and the real cost and collateral damage is immaterial.
That he is prepared to say this in a publicly reported interview is breathtakingly inane.
In effect, I don’t know what I am talking about, but I still think this is a good idea.
Please tell me SPL that you have more than this.
Please tell that I am not surfing the net from Florida for these inanities.
Please tell me that you have more than the deluded ramblings of an adminstrator
Jack Nicholson CSC
Anyone clear something up for me,
am sure i read that the proposed £8.5M bid for the huns included
payments to duff and duffer,if his is the case surely there aint gonna be
much left in the pot for creditors
This is my first post after along time out there ‘lurking’. Thanks to CQN for informing, educating and keeping me entertained during these times, unparalleled in the history of Scottish football. I hope some of you find my thoughts at least slightly interesting and take the time to read them. Based on todays pronouncements from Neil Doncaster over the ongoing farce which is RFC(IA) my mind drifts to that press releasse a number of weeks ago by the SFA about them looking to bring the Scottish league structure fully under its control. At the time , it was thought of a whimsical side-story – now I am not so sure. Maybe our beloved Celtic will take the lead and start the exodus under the SFA banner (who would have thought that!) and save Scottish football from the blind walk into oblivion as a sport based on integrity. We would become no better than WWF or any other wrestling franchise that dresses itself up as a sport.
Final thoughts on my first post are with family of Niamh on their sad loss.Be comforted by the fact that she is now safe with the angels.
saint stivs
I read the Arab trust statement as a no to newclub
The post on Alex Thomson’s page is either a wind up or he has been made to look rather foolish