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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Paul 67
Although I never heard you well done for going on BBC radio gutsy and I’m sure you put your points well.
If CW has agree to sell his shares for a pound do you think this will include his floating charge over the stadium and training ground?
heehee, old robert bitchslapped by guidi.
old guy said he wanted the huns to go down to division 3 to punish other clubs!!!
then contradicts himself by hoping they stay in SPL.
dithery old hun.
Bada Bing
Hugh Adam said it all started MID-90’s.
Mid is 1994-96
Bang in the middle.
Hmmmmmmm
West Wales Celt 19.05
I agree.I would keep Glenda before Wilson.
On another point .
I rate Rogne as a player ,but he is very injury prone and therefore we cannot rely on him on an extended basis.
Having seen Wilson play several times for Forest i stated that he wasn’t a player.
I was told to wait until i’d seen him in a Celtic shirt.
Now that i have.He is even worse than i had feared.
Time for a refund i think.
Lets hope Fojut is better.
Very disappointed in Neil’s Lennons judgement on Wilson as a player,but ecstatic on his judgement in brining back The Prodigal son.
TT
Nice to hear wee Dawyll let slip names of 2 beneficiaries of the EBTs.
Says (leading on from discussing the £86m transfer spending): wee General went to Minty and asked to sign Flo @ £12m and Konterman @ £5m and had to use EBTs to pay them.
Ragers problems would be over if they just went to
Mr WONGA.com and asked for loads & loads & loads & loads & loads & loads & loads & loads loads & loads & loads & loads & loads & loads & loads & loads…………………………of Wonga with a 500 years payback scheme.
Thanks, TC …
Snake-He’s trying again mate.HH.
Darryll couldnae sound more like a stupid hurtin hun if he tried….
henryclarkson on 10 May, 2012 at 18:39 said:
http://www.radiofeeds.co.uk/mp3.asp
I gave this link out a few months ago now for us bhoys oversea’s
No luck for that radio station i’m affraid.
Working fine in the ole Vaterland, Nordrhein Westfalen.
Paul67:
Well done, Traynor’s an _______…
A thought crossed my mind this evening. They are all desperate to say their 140 year history but why!
Why would anybody not want to save the fabric of Scottish society, who operated a policy of discrimination for over 100 years. Who have cheated and not paid their dues for the best part of the last 20 years?
Why are they not queuing up at the front door with their cheque books in their hands to save the Club that is a Bastion of Scottish Society?
Could the answer be that those that could save them do not want to be associated with 140 years of shame!
I humbly submit they are not the fabric of Scottish Society but they WERE Scotland’s shame for the last 140 years and that is what they will be remembered for. A bigoted, cheating Football Club.
RFC (IA) 1872-2012
R.I.P.
We will certainly not miss you. Fortunately you are gone but unfortunately you will not be forgotten or forgiven for the shame you brought upon Scotland.
Be gone with, be gone…
Keep the Faith!
Hail Hail!
archdeaconsbench on 10 May, 2012 at 19:23 said:
Darryll couldnae sound more like a stupid hurtin hun if he tried….
…………………………………………
Oh, i think he’s got loads of milage left in the tank :-)
In concert hall waiting patiently on Thai Tims & Support Acts. 3 rows from stage right in middle with wee MWD. Already met MurdochAuldandHay & Mouldy67 up to my left.
Well done on RadioHunland Paul67. Very well directed debate.
MWD
Lennybhoy
Do you cast out devils in your spare time:o)
Terry is on now
Dawwell wanting the taxpayers owned Bank to take a hit to save his favourite Club,hunbelievable.
West Wales Celt
I think Kelvin Wilson looks great when he’s ushering the ball behind for a goal-kick, well, nine times out of ten. He’s not that great at calm passes to midfield or striding forward into space and doesn’t seem to be good at the primary necessities of heading, keeping his man in sight and tackling or the secondary one of being a goal threat. Loovens ticks most or let’s say some of those boxes and has been decent on occasion, but the best solution is unfortunately neither, as without being too harsh, you wouldn’t get a Charlie from both of them moulded together.
I just love Terry O .
Dawyll is Robert Peston !!!
HardHiitingJjournalists CSC
˙sʇɹɐʍ ǝɥʇ ǝɹoubı ˙suoıdɯɐɥɔ ǝɥʇ ǝɹɐ ǝʍ ˙ɔɟ ɔıʇןǝɔ ןıǝu /o\ ouɐʞ ˙pʍ sɯɐǝquooɯ on 10 May, 2012 at 19:26 said:
In concert hall waiting patiently on Thai Tims & Support Acts. 3 rows from stage right in middle with wee MWD. Already met MurdochAuldandHay & Mouldy67 up to my left.
————————————————————————————-
Tell Mouldy a certain Bam from Germany was asking for him and ask him if he’s got any chillies with him.
Dessybhoy. There is one thing as sure as there is hair on a dog Craig Whyte has allways intended walking away from Rangers having made a great deal of money.He has not taken this amount of pressure and hate for nothing.He is a clever man he knows he is not safe in Scotland that the orcs blame him big time and he is deflecting there anger away from Sir David Murray and he will want paid big time for that and for sure he is not going to tell a journalist how he proposes to do that.H.H.
Daryl King stumbles on to something there but canny join the dots:
Murray
Whyte
Ticketus deal
The bank getting all their money back
Murray’s relationship with the banks
Men on the board of Rangers who worked for the bank
I wonder if Mark Daly can join the dots.
Thank God for sanity on Snyde,he must be one of us,educated man.
Terry effectively gets King to say that he can’t give an opinion, he has to wait for the facts. Laughable.
Well done Paul. Traynor and Chic very condescending, but you made all the sense.
Terry is right.
They cannot make this decision without all the information and NONE of it has been given to the clubs and the Chairmen
ElDiegoBhoy on 10 May, 2012 at 19:28:
I cast out Devils for a living…:)
Keep the Faith!
Hail Hail!
ItaliaBhoy
One thing about Chic he made it very clear that The Beast is not interested in coming back to the darnel. Another load of p..h hit on the head.
Auldheid
I luv him tae(:-)
He’s a funny guy.
In a Henry Hill way,and not in a Tommy Devito way.
Anyway,what was he saying?
TT
Auldheid
Warm enough for ye ?????
Hottest day of the year so far here.
I get a daily quote from a webservice and today’s is quite apt.
Today’s Quote is The quest for riches darkens the sense of right and wrong.
BY Antiphanes, ancient Greek dramatist (I wonder if Sammi knows him)
Wife’s watching Corrie and Emmerdale but I can’t be bothered with these long running soap operas with their implausible story lines and comic characters so I’m away to catch up on what’s happening with the R@ngers……………
…….oh, wait a minute………………………………
Kojo,
I hope you are well.
If you or one of the coterie are looking in.
Give us an update on how your Jiggin is gaun.
TT
Wee dawwell, moaning about LBG taking all the money they were owed by rankers as though they did something wrong. Should LBG not be getting plaudits for getting all the money in from a major debtor?
Paul and Terry both playing blinders today.
Facts wins a freeckick on the left wing after being brought down by utter nonsence. Facts flights the ball over the smoke screen and onto the head of the flying even more facts and the ball whistles past lazy journalist.
Facts 1 create illusion 0
Well done Paul!!Just listened to the link.Totally agree with the comparison to Ranger’s of the 90’s rather than Celtic of the 70’s.
Anyone know if we got paid today from Rangers for tickets for our 3-0 game?
Auld Neil Lennon heid on 10 May, 2012 at 19:08 said:
You absolutely nailed that one on the head mate.
Every club being herded around like cattle into pre arranged meetings and being expected to vote on new rules to allow the newco back into the league not knowing the extent of the deliberate cheating and theft is totally outrageous – would any trial in any court or land where laws exist for crimes committed declare a verdict before the facts had even been read out!?
Maybe once upon a time – however the verdict was usually the worst punishment available – a hanging or other form of death and certainly not going out of their way to let the accused walk free