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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A signing rumour. From a guy on the HB who is based in Scandanavia (i think)
Bjorn Bergmann Sigurdarson, 21 year old Icelandic striker currently playing with Lillestrom in Norway. £1m fee.
googybhoy
“Think Mo is in Baghdad with Sierra Leone.”
Jeez! Mo’s spends his summers working as a UN Peacekeeper?? Hope the blue helmet doesn’t ruin his hair.
A signing rumour from Ragers “…………………………………………………………………………………………………….”
The BBC programme is only going out on BBC Scotland – is that a sign that the BBC think it’s only a perochial issue
BSR -you’ve been given some bum gen on the ole photocopier stats.
Think Zheng Zhi’s cup tied.
As Summer arrives in Glasgow there’s hunners of Celtic fans driving round Norwich looking for Kerry Oot Places.
A signing rumour. From a guy on the HB who is based in Scandanavia (i think)
Bjorn Bergmann Sigurdarson, 21 year old Icelandic striker currently playing with Lillestrom in Norway. £1m fee.
Might be a good signing we,d make the fee back in a week with shirt sale and names on them.
Pax Bangurica.
We can all sleep soundly in our beds, kno’in’ ole Mo is vigilant in his sentry box.
A signing rumour of a rangers player-
Tuesday,2.30pm,fortnightly.
bournesouprecipe on 22 May, 2012 at 17:11 said:
I’ve just found out that people photocopying their buttocks are the cause of 23% of all photocopier errors worldwide.
How does that work?
Ask the bums in Govan mate!
H H
Here’s another potential “Gers” signing ▒▒▒▒▒▒▒▒▒▒▒▒▒▒ ▒▒▒▒▒▒▒▒▒▒▒▒▒▒
Forgot to say – they’re well genned-up on shredders too.
H H
Arty
43% of statistics are Buttocks
Gene’s a Bhoys name on 22 May, 2012 at 17:14 said:
Mark Daly’s first one only went out in Scotland at the initial airing. It was subsequently repeated on News 24 for national broadcast. Probably the same again.
Some pucs of the Bhoys in Norwich.
Is that Blantyretim going for a dip?
According to twitter, the EDL (Nazi scum) are attacking Celts in Norwich.
it’s important that Celtic supporters stay in numbers, they are looking for one or two on their own.
Stay safe Celts.
Hx2
The ole Ragers Logo
googybhoy
cheers for the link! Pretty sure one of the guys in there is the new owner of the Hoops bar on the Gallowgate but won’t point him out just in case, can’t be too careful these days
HH
bournesouprecipe on 22 May, 2012 at 17:03 said:
There’s a guy sitting opposite me on the subway wearing a Turtle Neck sweater, whilst reading the Telegraph.
Must be a tourist?
The Turtle neck seater/Telegraph reader is a well known unwanted consequences resulting from the random vicissitudes of the Global Village…
Looking forward to seeing some of the young guard impress tonight against a very decent Norwich side.
wonkyradar
*How to get Setanta Ireland – scratches head*
bournesouprecipe
About 50% of my cheek is a statistic! The other one is just BIG!
H H
Good pics Googybhoy
Hx2
Bourne I have setanta china, Aus, Canada n Ireland will I send ye the details :>)
Traditionalist
More news and pics from Norwich
vmhan
A CQN commentary?
googybhoy
cheers:)
HH
Vmhan on 22 May, 2012 at 17:35 said:
Good pics Googybhoy
How is the weather in the Costa Fylde? Tropical, no doubt.
Think that Norwich site may be updated as day goes on.
Might be worth a look later.
Give me sunshine in your smile
give laughter all the while
happy going bust summer everyone
PJBruce
Agreed, Paul is probably is doing a better job than others are getting paid for. It’s now obvious with all this heel-dragging and smokescreens that the people at the top are determined not to jettison Rangers from the SPL.
Just reflecting back on the European Cup final and Chelsea’s cattenaccio tactics it appears that players with shooting power from distance with accuracy is a forgotten art. Players like Bobby Charlton, Ari Haan of the great Dutch team of the 70’s and Tommy Gemmell could smash open packed defences with power shooting.
The latest blog from RTC should have us all concerned.
If he is correct.
A Newco will be in the SPL free of debt and without penalty,and at worst meaningless penalty.
This is what i mean that Rangers will ALWAYS be our mortal enemy.
Ibrox Stadium is not going to be Cathkin Park,and a new Rangers will be playing there with 50,000 Hun hordes ,believing that they are the peepil.
Celtic MUST get out of this stinking SPL.
Liquidation helps them.
Celtic cannot allow them to go relatively unpunished.
TT
Googybhoy aye it’s brill, I’m sitting soaking it up right now, the auld caravan park would be good for a few days!
Take a break CSC
@NorwichCityFC @adamdrury78 @holty30 @Ebenno88 @Pilkington_11 @ZakWhitbread celtic fans are really drunk dont think they’ll get in!!!
Want a bet pal…
HH
TT that’s my preferred option and has been since the MIB lying game v DU
Hx2
SSN……………………………………….Didier Drogba announces that he is suffering from
Caulieflower Bottom syndrome
Season Ticket renewal update By: Newsroom Staff on 21 May, 2012 15:24
NEIL Lennon’s side delivered the SPL title back to its rightful place at Paradise and already thousands of supporters have signed up for the new campaign.
The club is delighted with the magnificent response from fans and season ticket renewal sales are up on the same point last year.
Supporters are looking forward to seeing the team bid to retain the SPL trophy, while there is also the prospect of UEFA Champions League football on the horizon, with the first of Celtic’s qualifiers included in the season book.
European nights at Paradise are always great occasions and Celtic Park is renowned throughout the football world as a special venue to play.
Due to the high volume of renewal forms received over the weekend, the Ticket Office will spend this week processing all forms. This also provides you with a last chance to guarantee your seat for next season.
You can also renew online HERE until midnight on Friday, May 25. The facility will close after that, but you can still renew until 12noon the following day at the Ticket Office counter only.
Relocations will start from 12noon on Saturday, May 26 and will run through Monday. Thereafter, all seats in the stadium will go on general sale. Any seats that have not been renewed by the start of relocations on Saturday at 12noon cannot be guaranteed to be available for next season.
Relocations can only be completed at the Ticket Office or by calling the enquiry line 0871 226 1888* (Option 1, Option 2)
Thanks again for the fantastic support and we look forward to seeing everyone back for an exciting season next year.
*Calls cost up to 10p per minute, telecoms provider dependent. Mobile and other provider charges may vary.
Brown: “If I’ve got a vote then I certainly will not let Rangers in without sanctions. That will not happen.” http://t.co/gCEOVJsU
Via Twatter