There are so many plot lines in the epic story that Scottish football has become it’s easy to lose track, especially when the chief executive of the SPL insists that he still doesn’t know if Rangers have a case to answer in connection with improperly registered football players – a completely untenable position on week 11 of the inquiry.
He should know. If he doesn’t, he should resign and allow someone else to pick up the baton.
While this drama has dominated headlines the important storyline happened off-stage. 11 days ago the Blue Knights consortium, fully aware of how time-critical events were, said their accountants needed to be place at 9am on Saturday 12 May for Rangers to achieve a CVA. Even more importantly, they also said that a Newco would not work.
If the Blue Knights men were in place on 12 May creditors could have voted on a CVA this time next week. As it is, creditors still have nothing to vote on, the prospective buyer has not been able to put a deal to them.
Green’s failure to produce an offer since being appointed nine days ago, alongside missing his own deadline to announce a creditor’s meeting on 6 June, are the most important acts in this month’s play, so far. He has to find funders who are able to see a return on investment which Paul Murray and Brian Kennedy tell us does not exist. It’s worth noting that both of these men will be far closer to the financial realities of running Rangers than anyone Green will find in Bangalore.
Unless a consortium can be pulled together that will offer money for the assets of Rangers FC, the company will expire next week when it runs out of money. No CVA, no Newco, no matter what Neil Doncaster does.
Don’t be surprised if Mr Green walks away soon.
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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Exactly which channel is the match on if you don’t have sky….which I don’t.
Get a grip of yourselves.
Thesugarplumfairycsc
O.G.Rafferty on 22 May, 2012 at 20:48 said:
Oh I can’t wait.
O.G.Rafferty on 22 May, 2012 at 20:48 said:
sparkleghirl, 20:46
Green is a front. Lots to come on that story
I love when you do that.
Hail Hail
“What’s that comin’ over the hill……..?”
Doner kebab dressed as lamb
Commons inches over. Fine hit
Keeper saves a good shot from KC
Bhoys started well
With you on that one sparkleghirl; gotta love the players who become fans…
Some of our best too; Henke, BBJ…
Green, like a lot of this story, will be a footnote. It’s just a question of when
O.G Rafferty:
Míle buíochas.
I still remember your moniker playing for Linfield when I followed the Reds in the early 80s. It always makes me smile, bringing back some great and not so great memories!
Árd Macha
Mah
Yes
Fair enuff…..am now officially headwrecked….will someone please post highlights on YouTube or summat for later viewing…whatever…I give up.
Love the comments on twitter from english fans. Celtic fans are doing us proud tonight.
Look at us, we’ll take thousands to midweek fixtures, we’ll drink your bars dry and we won’t trash your town.
miki:
are you looking for footballstreaminginfo because I can’t give you any on this site…
David Villa confirmed as being out of Euro 2012.
Vicente del Bosque currently looking to see ig Gary Hoopero has a Spanish Granny.
Good run by Blackman. Norwich have made a lot of changes and are passing and moving well.
Andre Blackman playing well. Good back up for Izzy next season.
i want delias scarf
Árd Macha, 20:53
Lives long in my memory too… on the Kop and old Bald Eagle, who had a half brick miss him by inches as he jogged on, lying there on his muddied arse and the ball nestling in the back of their net.
What a season.
Peter Lawwell asking Delia for pie recipes there.
Paul Lambert went to Germany to get his badges
pass and move
Delia shouts “Where are you Charles Green? Let’s be ‘aving you!”
sparkleghirl on 22 May, 2012 at 20:46 said:
Dream scenario
Wed: Daly doc
Thu: Green walks away
Fri : Death certificate signed. 25 yrs to the day since Lisbon.
Karma. I get a feeling.
………
That has been my hope for a wee while.
Can someone please tell the commentator how to pronounce McGeouch…
That Delia is a looker.
There, you all happy now…
MurdochauldandHay on 22 May, 2012 at 20:49 said:
Is the young lad with the red hair Findlay from the u19 squad?
@@@
Yes, playing in defence.
BT
He could have got them aff CRC and saved the travel
ASonOfDan on 22 May, 2012 at 20:59 said:
good recovery.
tal.
This commentator is starting to annoy me. Keeps saying McGoo for McGeouch!!
West Wales Celt on 22 May, 2012 at 20:56 said:
>>>
Oh well,streaming sites are usually kack,and they don’t work on iPads,well not the ones I’ve tried.
This is one happy occasion type match I really would’ve liked to see.
Anyway,life is good & I’ll always be Green and White!
: )))
HH!
Estadio Nacional on 22 May, 2012 at 20:40 said:
Im fed up with all this ‘The fans are great, well done’ carry on while we are getting beat in Europe yet again.
When will we ever learn?
===================
Can’t believe that Lawwell has yet again let us go in to Europe without getting the players we need. Lenny should walk away. He isn’t getting tha backing.
The season has been over for nearly two weeks and still no signings. Don’t give me that crap about the transfer window not being open. Lawwell should have been prepared for that and the board have done nothing to remove the window.
I demand a public statement now.
tongueincheekCSC
Soal
he got them from us as he was still a player when he was let go to Germany
ASonofDan:
You’ll be telling us next that she can cook as well…
…sigh
A bit more heartening.
St Johnstone chairman Steve Brown insists a newco Rangers must face penalties.
“If I’ve got a vote then I certainly will not let Rangers in without sanctions,” Brown told STV.
“The feeling from the people I’ve spoken to from within the chairmen’s ranks is that they won’t let Rangers in with a ‘get out free card’.
“I think Rangers themselves and the majority of supporters accept that they’re going to have to get some form of punishment. That’s wholly accepted throughout the game. It has to happen.”
Hibernian chairman Rod Petrie has previously insisted that “sporting integrity is beyond purchase”
Tried to get a sausage, but all I can get is Alan Partridge.
Full stadium doing the huddle when thems die
Hahahahahaha