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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Paul67 – excellent work again.
I LOLed when I saw the headlines this morning. I am long past the days of thinking ‘they’ll sneak out of it somehow, they always do’. The FACTS speak plainly – there is no way back for them.
One suggestion – when appealing for calm among our more excitable comrades use the word:
Chillax. It’s down with the kids……..
ChillaxCSC
Superb Paul
I admire your indefatigability.
The Original Sadie`s Bhoy and Livbhoy (What? Not the original? !!),
I, too, felt that that did not sit quite right then I thought: Hmmmm….. is Mr Lawwell , in fact, referring to RIGHTFUL in the sense that we won it honestly ie with RIGHT on our side as opposed to another team`s not so rightful titles?
JJ (who tries always to be positive about Celtic ans all who sail in her o:-) )
God bless her majesty
Paul67 – excellent article. Again. You continue to use facts, reason, and perspective. It will never catch on. :)
s , revenue & customs
and ffs hurry up !
Talking of real worries:
Please show some solidarity with Striking Civil Servants and Health Workers today. Join a demo or stand on a picket for a few minutes at lunch if you can.
Laters, work to do.
Its all very well Paul67 telling us all to calm down….but I like being this excitable….no work done for days…..jist bombing up n doon the oaffice….arms waving in the air….chase me chase me
Big Nan on 10 May, 2012 at 11:48 said:
I bumped into Frankie Fraser once or to be more accurate I nearly fell over him.
He looks like one of the Anthill Mob in real life – only shorter. We had a 22″ telly right enough so he might be about the same size.
Timabhouy on 10 May, 2012 at 12:00 said:
s , revenue & customs
and ffs hurry up
——————————–
Yes…if only to stop you posting
I see PL was so taken with my post yesterday that he decided to release it as a statement on the fishal site…
ha ha ha ha good one Timabhuoy…..how d’ye think these things up/….ha ha ha
Prediction before I go. One of tomorrow’s red tops will have reference to a ‘Warchest’ and/ or ‘Ally McCoists List of Targets (footballers to buy not members of judicial panels to intimidate that is)’
More laughter.
The Celtic statement is spot on ….. This is not our problem….like all other Clubs, we can only monitor the situation, only intervening where Celtic’s interests are in danger of being compromised….. In Celtic we trust (to coin a phrase, from the deluded bhuns)….LOL….!!!!!!!!
apparantly smashys in the bad books wi mrs bottles……in such a hurry tae gat tae the boozer he slashed her legs tae ribbons….
Afternoon bhoys, very warm on the hun free mountain range.
A day closer to oblivion then.
The club statement was as expected, said nothing as I thought it would.
What’s the plan today then ?
Their pain is worth it really, in many ways I want them to bumble along just as they are.
Robert Tressell
My weans say ‘chillax’ too. But I honestly think it’s a self-deprecatory post-ironic vibe when they do. I try to keep up, but they cannot take me seriously and I cannot really blame them.
Once I sent one of them a text message with Latin in it and she was with her friends. The wound is yet to heal.
good afternoon smashing milkbottles and
31003, how are you both this fine day ?
Jungle Jim
All for being positive about Celtic but that sentence didn’t sit right with me.
All about opinions.
LB
The Battered Bunnet
I detected an air of dissatisfaction yesterday
I thought it was me :-) or am I still not off the hook ? ;-)
Hail Hail
Timabhouy…..I’m fine old bean….how are you?
Is it lunch time yet?
Or, on the D&P clock is lunch time around 6pm?
The Club Statement:
We’re paying attention, we’ll do the right thing. Chill.
31003 & Timabhouy went to different schools together…
Gordon_J backing Neil Lennon on 10 May, 2012 at 12:06 said:
Is it lunch time yet?
Or, on the D&P clock is lunch time around 6pm?
———
Ask Roccobhoy….
Smashing Milk Bottles
Lol, learning the clock, 24Hr or otherwise is beyond my comprehension. I’ve tried and failed on many an occasion!! lol
Anyway, see you Sunday at some point, hopefully pre match.
P.S. Tell your good lady she is barred from having a social life this weekend (How inconsiderate of her not to appreciate Roccobhoy is in Glasgow at the weekend!! lol) and come out and drink with Roccobhoy, MWD, Blantyretim and a few others. Oh and bring a watch, if u dont, I could end up sleeping in your shed!! :)
Hail Hail
Roccobhoy
Update on the death by one thousand cuts;
we are at 993……….
Jungle Jim on 10 May, 2012 at 11:59 said:
He may well be inferring that we’ve been cheated out of so many titles and I’m more than O.K. with that but if it’s meant in the other sense i.e. ‘we’re Celtic and everyone else is something less than us’ then I would hope that we’re against that sort o’ ting :-)
A team of Philadelphia lawyers where asked today what they thought of the rangers saga
It is far to complicated for us
No.7
Are you GM from Mount Vernon?
Smashing Milk Bottles,
You are on a permanent lunch break as far as I can see!! :)
Hail Hail
Roccobhoy
31033
I feel a bit better from yesterday as i thought these new bidders
where going to spoil the party but looking on this site has
allayed my fears
The exiled tim
The place i was refering to is near albacete
cubas (cavehouses)
Paul67,
‘Chill. Go for a walk in the rain and spare a thought for those football fans with genuine worries.’
You should try working in the rain.
That’s us calm again….:-)
Anyone heard/seen Kojo and how his time in hospital went??
Off to make some last minute plans for Thai Tims tonight :)))))
Me & gang in block C 93-96.
Im like a big kid its magic being a member of the celtic family.
HAIL HAIL
Awe Naw
No change here. Still waiting impatiently to see if we have the courage of the convictions our forefathers left us as a legacy, or otherwise.
TBB
It is not a coincidence that the names being bandied about are; the beast, cardighun and sally ….. wee dick would have been a tiny genital too far at this stage …. once the EBT trickster trio are out the way I expect by next week to be hearing about Jean Alain Boumsong and wee dicks joint bid. There can´t be many people left to blackmail
Hail Hail
Roccobhoy….the bell rings at 12….
Best not say anything too witty on here as people tend to spit their coffee / tea/ sandwich around this time directly onto their keyboard….
It’s an already well known and established fact that keyboard repairs and sales go up during 12 – 2 (pm Roccobhoy)