I was out of mobile phone range for most of yesterday and returned to read more histrionics. On Tuesday I wrote: “Whatever ‘good news’ Duff and Phelps come out with later”, knowing full well (you all knew too) that news of Bill Miller’s departure would soon be countered by a fantastic (literally) piece of optimism from Rangers administrators. They didn’t disappoint.
Today’s Guardian tells us that one bidder has “proved to Duff and Phelps they have a means of securing current owner Craig Whyte’s shares.”
Administrator, David Whitehouse, explains: “One of the bids is for a stand-alone CVA and there are a number of hurdles which need to be overcome. Our view is that it is challenging, but it is not impossible. The purchaser who is talking to us about a stand-alone CVA has demonstrated to us that they have got a mechanism where Craig Whyte’s shares are not an issue.”
Ah, the illusive mechanism! So Craig Whyte is irrelevant again.
We are three months into the process, Craig Whyte is no more irrelevant today than he was on 14 February, he remains the Only Show in Town. Once he stops being the main event, HMRC take top billing. After them, the players will have their 15 minutes of ‘action’. Then you will hear more of the story. If there is anything left after all this, the SPL and SFA will have their say.
Prior to appointing Bill Miller preferred bidder Duff and Phelps explained why a stand-along CVA was no longer possible. No amount of creative thinking will change this fact. The season ends on Sunday, Rangers last chance to pull a deal together passed on Monday, when Duff and Phelps were unable to present a proposal to the SPL.
Even IF a phoenix is assembled for next season, or the season after that, it will be a humbled shell of what was once Rangers.
Rangers Football Club is disintegrating and will do so at an increasing rate in the weeks ahead. Again, cease and desist with the adolescent hysteria. Chill. Go for a walk in the rain and spare a thought for those football fans with genuine worries.
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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TimsinOhio on 10 May, 2012 at 12:26 said:
Tobagostreet, Greetings from Hun free Trinidad and Tobago.
Of course you are in the islands, you’ve been everywhere else in the world!
Things are good, need to get some stretch pants because of all this
Jelly ‘n’ Ice Cream!
They’ve shut down the Forwells on the corner of University and King.
‘Our place’ is no more!
Tobago
ps sorry for the personal message lhads.
tomthelennytim on 10 May, 2012 at 15:49 said:
Green Maestro – what about as a comedy?
___
Yes, but they are touting the club to the wrong people. Should be phoning the Comedy Unit.
I’d also have to ammend the player position if there is a continuation of admin. When the players contracts revert to full pay, there will need to be a clear out. The “buying” clubs, can sit out D&P knowing there isn’t enough cash to pay all the players. So some will have to be laid off right away, some may be held onto with a view to taking what they can before the window shuts, some kept on with a view to selling before teh window shuts AND who’s wages could be paid until the next window, some will be held onto. [You’ve got to wonder why they didn’t cut the playing staff as soon as they went in the door, hey ho.]
Was just driving hoem and heard that the final day for accepting a new bid is now Tomorrow. You think that’ll be “over the weekend” by tomorrow and Monday on Saturday.. That ship has sailed.
bye bye RFCiA
Blue Knights bid for Rangers stands, says Brian Kennedy
By Alasdair Lamont
BBC Scotland
Brian Kennedy insists the Blue Knights’ bid for Rangers stands and he has been informed he will hear by Friday morning whether it can proceed.
Kennedy says his lawyer held a meeting with administrator Duff & Phelps and was told it would “revert to us with an answer one way or the other” by Friday.
The offer is the same as the one beaten to preferred bidder status by Bill Miller last week.
“To clarify, we were asked to get to a quantum, which we did,” said Kennedy.
“And, having been told it was acceptable, we made a written offer.”
cardiffbhoy
Disappointed that Souness no going back to Ayebroke, with the likelihood that that the Circle may not be unbroken after all. Still I now have hopes that Ray Wilkins could become the new face of Rangers.
ASonOfDan on 10 May, 2012 at 16:03 said:
>>>
Ah,it’s those darn unknown unknowns again. They get you every time.
HH !
The offer is the same as the one beaten to preferred bidder status by Bill Miller last week.
“To clarify, we were asked to get to a quantum, which we did,” said Kennedy.
“And, having been told it was acceptable, we made a written offer.”
The Administrator clearly said on BBC Scotland last night that this was nonsense.
Doesn´t Alisdair have contacts at BBC Scotland ?
Hail Hail
Canamalar,
If you’re still about, I’m really struggling to get into Glasgow tonight. Hate to do this, but I’ll need to take a rain check. Being a self-employed semi-functioning alcoholic has its costs. Many apologies ! Let me know the next Thursday you’re about..
i>Ah, breaker one-nine, this here’s the Hector Duck. You gotta copy on me, Big Derm, c’mon? Ah, yeah, 10-4, Big Derm, fer shure, fer shure. By golly, it’s clean clear to Flag Town, c’mon. Yeah, that’s a big 10-4 there, Big Derm, yeah, we definitely got the front door, good buddy. Mercy sakes alive, looks like we got us a Craigy Bhoy…
Was the dark of the moon on the sixth of June
In a Kenworth pullin’ logs
Cab-over Pete with a reefer on
And a Timmy haulin’ hogs
We is headin’ for bear on I-one-oh
‘Bout a mile outta Glesga Town
I says, “Big Derm, this here’s the Hector Duck.
“And I’m about to put the hammer down.”
[Chorus]
‘Cause we got a little Craigy Bhoy
Rockin’ through the night.
Yeah, we got a little Craigy Bhoy,
Ain’t he a beautiful sight?
Come on and join our Craigy Bhoy
Ain’t nothin’ gonna get in his way.
We gonna roll this truckin’ Craigy Bhoy
‘Cross the Govan way.
Craigy Bhoy!
[On the CB]
Ah, breaker, Big Derm, this here’s the Duck. And, you wanna back off them hogs? Yeah, 10-4, ’bout five mile or so. Ten, roger. Them hogs is gettin’ in-tense up here.
By the time we got into Glesga Town,
We had eighty-five trucks in all.
But they’s a roadblock up on the cloverleaf,
And them bears was wall-to-wall.
Yeah, them smokies is thick as bugs on a bumper;
They even had a bear in the air!
I says, “Callin’ all trucks, this here’s the Duck.
“We about to go a-huntin’ bear.”
[Chorus]
‘Cause we got a great big Craigy Bhoy
Rockin’ through the night.
Yeah, we got a great big Craigy Bhoy,
Ain’t she a beautiful sight?
Come on and join our Craigy Bhoy
Ain’t nothin’ gonna get in our way.
We gonna roll this truckin’ Craigy Bhoy
Stuff the SFA.
Craigy Bhoy!
[On the CB]
Ah, you wanna give me a 10-9 on that, Big Derm? Negatory, Big Derm; you’re still too close. Yeah, them hogs is startin’ to close up my sinuses. Mercy sakes, you better back off another ten.
Well, we rolled up to liquidate
Like a rocket sled on rails.
We tore up all of our swindle sheets,
And left ’em settin’ on the scales.
By the time we hit that Glesca-town,
Them bears was a-gettin’ smart:
They’d brought up some reinforcements
From the Northern Irish Guard.
There’s armored cars, and tanks, and jeeps,
And rigs of ev’ry size.
Yeah, them chicken coops was full’a bears
And choppers filled the skies.
Well, we shot the line and we went for broke
With a thousand screamin’ trucks
An’ hundred green hooped Friends a’ Jesus
In a chartreuse micra-bus.
[On the CB]
Ah, Hector Duck to Hunbuster, come over. Yeah, 10-4, Hunbuster? Lissen, you wanna put that micra-bus in behind that suicide jockey? Thomson, he’s haulin’ dynamite, and he needs all the help he can get.
Well, we laid a strip for the Clyde shore
And prepared to cross the line
I could see the bridge was lined with bears
But I didn’t have a dog-goned dime.
I says, “Big Derm, this here’s the Hector Duck.
“We just ain’t a-gonna pay no toll.”
So we crashed the gate doing ninety-eight
I says “Let them truckers roll, 10-4.”
[Chorus]
‘Cause we got a mighty Craigy Bhoy
Rockin’ through the night.
Yeah, we got a mighty Craigy Bhoy,
Ain’t she a beautiful sight?
Come on and join our Craigy Bhoy
Ain’t nothin’ gonna get in our way.
We gonna roll this truckin’ Craigy Bhoy
Stuff the S-F-A.
Craigy Bhoy! Ah, 10-4, Big Derm, what’s your twenty?
Craigy Bhoy! OMAHA? Well, they oughta know what to do with them hogs out there fer shure. Well, mercy
Craigy Bhoy! sakes, good buddy, we gonna back on outta here, so keep the bugs off your glass and the bears off your…
Craigy Bhoy! tail. We’ll catch you on the flip-flop. This here’s the Hector Duck on the side.
Craigy Bhoy! We gone. ‘Bye,’bye.
hi paul and the rest of the guys on cqn. dont often post but read every day, ANYWAY, came up with a cracking idea.
why dont wee start a campain until the results of the duel contracts enquirey comes back, and start wearing t-shirts ect ect with
” celtic the tax payers champions 16 in a row”
or similer . it will be true and would drive the undead mad . it can work and would also highlight to everyone that they cheated. hailhail
67 coming to a radio near you soon…
Jim Spence @bbcjimspence
Sportsound tonight 810 mw we’ll also talk to Paul Brennan editor of Celtic quick news. 6.10 pm
Jim Spence @bbcjimspence
Sportsound tonight 810 mw we’ll also talk to Paul Brennan editor of Celtic quick news. 6.10 pm
Laird of the Smiles aka PMTYH on 10 May, 2012 at 15:43 said:
>>>
i’m sure i’ve seen that moosh in the stands @ the bigotdome.
Starry you beat me to it again lol.
Yer lucky i ain’t a hun or i would have the angry mob at yer door lol.
The Knight won’t let it lie…
http://www.youtube.com/watch?v=2eMkth8FWno
Right bhoys off to work but i will be checking in for updates on here and twitter.
hen1rik on 10 May, 2012 at 16:46 said:
Jim Spence @bbcjimspence
Sportsound tonight 810 mw we’ll also talk to Paul Brennan editor of Celtic quick news. 6.10 pm
———————————————–
misinformation – misinformation
Jim Spence tweeted he is to meet the new preffered bidder at 6:10 pm, some guy called Paul Brennan.
well its about as credible as all the other announcements
Duff And Duffer statement..
“While it is certainly a long long time since anyone has seen or spoken to the Minotaur it is not beyond possibility that we will be having ongoing discussion with his representatives with a view to a successful completion of a Greek CVA”
—————————————————
The Minotaur was Cretan whereas Duff and Phelps are Cretins.
alex thomson @alextomo
Ticketus legal statement on Craig Whyte poss tonight – more likely tmrw whilst their lawyers sign off on it
FFM,
in london next week,
will give you a shout for the following week if I’m back up.
hail hail
Are we giving Rangers FC to the Thai Tims as a leaving present ?
Hail Hail
I keep hearing “quantum” from the blue nights. I’m guessing that’ll become the buzzword during the next transfer window.
Wheras before I would only associate it with physics (or james bond).
Neil canamalar Lennon hunskelper extrordinaire on 10 May, 2012 at 16:51 said:
———————————–
How’s the flat going? :-)
Awe_Naw – what have they done to deserve that?
AoW,
slowly, but you sound like you already know that :o)
Awe Naw
Somehow I don’t think that they’d thank us for that. It’s a bit like leaving a rancid, smelly, dead fish down the back of someone’s sofa!!
Just completed year 5 of renovation, already got the materials ordered :o)
hen1rik on 10 May, 2012 at 13:56 said:
FF_Fail @FF_fail
New post – School yard banter. Not to FF it isn’t. – http://followfollowfail.blogspot.co.uk/2012/05/school-yard-banter-not-to-ff-it-isnt.html Please RT. #FFF
>>>
Just as you reach the age when you think you’ve heard it all, then this comes along and makes your stomach lurch.
These are adults seriously verbally assaulting youngsters. The malice is vile,and the intent is clear.
This is what The Black&Tans were made of.
Duff and Duffer last statement
“we cant remember if this is like De Ja Vu or not”
Good afternoon friends. Just about to get the swim shorts and flippers on here and go out for a run. Coffee and CQN first though…
Neil canamalar – Aye some bum called Des in the Smiddy was waxing lyrical about it! ;-))
“With the fanbase and infrastructure that are already in place, there’s a good foundation to kick on from. Ally needs time and the money and I hope he is given it.”
>>>>>
Aye, sacked in the morning and a one way ticket to the seaside.
Canamalar,
Good mhan, keep me posted. Apols again.
AoW,
so you keep company with the brain trust then :oD)))
FFM,
no a problem,
will catch up soon.
hail hail
Canamalar
you holding out on me?
miki67 on 10 May, 2012 at 16:58 said:
hen1rik on 10 May, 2012 at 13:56 said:
FF_Fail @FF_fail
New post – School yard banter. Not to FF it isn’t. – http://followfollowfail.blogspot.co.uk/2012/05/school-yard-banter-not-to-ff-it-isnt.html Please RT. #FFF
>>>
Just as you reach the age when you think you’ve heard it all, then this comes along and makes your stomach lurch.
These are adults seriously verbally assaulting youngsters. The malice is vile,and the intent is clear.
This is what The Black&Tans were made of.
share on F’book or Twitter
Agreed matey they’re sick in the head that mob.
Jobo, running in flip flops is a dangerous hobby mate :-)
If THEY are allowed back in to the SPL then who cares? It is yet another marker set down by the establishment to remind us we are NOT the peepil! We will have to face another century of bigotry and sectarianism because of our religious beliefs. We have to remember why we were formed and continue to promote that ideal. The Thai Tims and the Vanessa Appeal are outstanding examples of why we exist.
If THEY want to live with their history then let them do so. I will sleep easy in my bed knowing my wonderfulo FAMILY CLUB was/is not a party to it. My grandchildren will be schooled in the same way I was schooled!
HAIL HAIL