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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RobertTressell – 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.
What are they striking for this time? (thumbsup)
Twists
Jock Steins fault will soon be Lennys
Hail HAil
Remember when the days were long
And rolled beneath a deep blue sky
Didn’t have a care in the world
With mommy and daddy standing by
When “happily ever after” fails
And we’ve been poisoned by these fairy tales
The lawyers dwell on small details
Since daddy had to fly
But I know a place where we can go
That’s still untouched by man
We’ll sit and watch the clouds roll by
And the tall grass waveS in the wind
You can lay your head back on the ground
And let your hair fall all around me
Offer up your best defense
But this is the end
This is the end of the innocence
O’ beautiful, for spacious skies
But now those skies are threatening
They’re beating plowshares into swords
For this tired old man that we elected king
Armchair warriors often fail
And we’ve been poisoned by these fairy tales
The lawyers clean up all details
Since daddy had to lie
But I know a place where we can go
And wash away this sin
We’ll sit and watch the clouds roll by
And the tall grass waveS in the wind
Just lay your head back on the ground
And let your hair spill all around me
Offer up your best defense
But this is the end
This is the end of the innocence
Who knows how long this will last
Now we’ve come so far, so fast
But, somewhere back there in the dust
That same small town in each of us
I need to remember this
So baby give me just one kiss
And let me take a long last look
Before we say good bye
Just lay your head back on the ground
And let your hair fall all around me
Offer up your best defense
But this is the end
This is the end of the innocence
haha
excellent
:)
=========================================================
Injury Lawyers For You Claim Form For Stress/Trauma Caused By Adolescent Hysteria/Petulance/Reactionary Petulance/Irrational Panic Over Hun Crisis:
Please Select As Appropriate To Your Emotional Distress –
1) You believe Glasgow Rangers Fc (In Administration) will escape extinction because:
A – The financial figures involved in their current crisis are over-estimated and will eventually be proved irrelevant by creative accounting and fiscal prudence leading to a glorious future bedazzled with moonbeams.
B- Some stupid Huns in the pub told you so/texted you some outlandish recovey theory.
C- Duff & Phelps (In Magnificence) declared it so.
D- You cognitive reasoning skills are overwhelmed by the emotional fire in your brain every time the remotest mention of escape from the jaws of death is hinted at.
E- None of the above. Mordor will burn, and the flames will be righteous.
2) You believe the boad of Glasgow Celtic Fc (Champions,financially sane) must act immediately and issue a damning statement about all things Glasgow Rangers Fc (IA) and the SFA/SPL because:
A- Despite being in full possession of the facts about ultimate outcome/sanctions/procedure/pinkie-puller shenanigans the board should publically vent their frustration at the slow death of our mortal enemies and rub their royal blue noses in it because I want tae cackle wi’ glee every time I read it in the MSM or see it on the telly.
B- Basically, I want it NOW! And I can’t take the pressure of waiting every day as newco proposals are hinted at and masonic conspiracies loom above sporting integrity and how come the f’in board don’t get in their with their big sticks and whack a few dirty schemin’ hun heids ‘cos I just CANNAE TAKE THE INSECURITY ANY MORE!
C- It’s not about Celtic and strategy and appropriate behaviour relating to a Public Limited Company’s boad of directors; it’s about ME! And my PANIC!
D- None of the above. I expect to have a saved and regularly watched short video clip in both my phone and laptop of Peter Lawwell at a presser chuckling like Robet De Niro in Goodfellas sometime soon.
3) There is no 3. Your over-emotional rantings take up too much blog space and spark mass hysteria among others who walk the tightrope between balanced rational thought and the fall into deep flakery.
Remember the mantra around this whole unprecedented historical episode:
Keep Calm And Carry On…
…Laughing.
=======================================================
TheOriginalSadiesBhoy on 10 May, 2012 at 11:15 – agree.
bournesouprecipe on 10 May, 2012 at 12:34 said:
Just had a packet of cheese n onion crisps, that had no cheese n onion flavour?
Poor show Walker, poor show.
————————————————-
Whit’s Andy Walker (pundit without equal) got to do with the flavour o’ your crisps?
Surely you meant Lineker! ;-)
HH
philvisreturns on 10 May, 2012 at 12:50 said:
You sound just like Jock Stein during the miners strike.
Paul67 – Again, cease and desist with the adolescent hysteria
Paul, I’m with you, but the Celtic support at large loves an emotional rollercoaster.
If Rangers supporters are always ready to believe the most optimistic of moonbeams, Celtic supporters are equally ready to believe the blackest of rumours.
Not all of us are blessed with the poise or sang-froid of a Paul67 or a Craig Whyte. (thumbsup)
@BBCchrismclaug
Graeme Souness tells BBC Scotland he has not been contacted by consortium looking to takeover #Rangers.
Another one bites the dust.
ernie lynch – You sound just like Jock Stein during the miners strike.
Thank you Ernie. (thumbsup)
Livibhoy
“knowing the area” was the problem for us. Such a small village everybody knew who ye were, yer maw, yer da and yer brothers and sisters. I got many a clout around the lug weeks after “the event” when one of the neighbours would shop me to ma da in the pub!
Awe Naw
I really like that Don Henley track. Would have liked it covered by someone else though….maybe Springsteen. I feel it deserves a “stronger” vocal. Keep em coming tho. Would love a look through your music collection some day.
Does the Keep Calm and Carry On message mean we’re supposed to renew straight away, or wait until it’s clear what we are buying into?
Twist n Turns 12.44
You hit the nail on the head,when you said “I see them on my visit back home”They are still Living in the past,mindsets are the same as their parents.
They are unaware that there is another world outside their bigoted wee village.
In a world full of hundreds of races,they still chant “we are the peepil”how stupid they look to the rest of the human race.Sad really.
Twists
Awe Naw has a point. We have changed too.
Our parents and grandparents put up with a great deal to build the platform for us that they did. Mine would never call me an ingrate because they loved me too much. It doesn’t mean I wouldn’t deserve it.
The football club the Glasgow Irish founded, whose ground they donated their labour free of charge to construct, who counted on their support through thick and thin thrived. It triumphed in the greatest football competition there is, against all the odds. And after that we all looked at life in a new way.
latest from D&P: we believe that the numbers 3, 6,7,27,33,41 will stoat on saturday’s lottery.
Quandary time.
Newco Ragers V East Stirling
I know we are supposed to go for the underdog,but there’s
no way I’m wanting the huns to win any game.
twists n turns – Awe Naw’s music collection is all The New Christy Minstrels, Loony Luau, and “Ballads of the Green Berets” by SSgt Barry Sadler. (thumbsup)
TNT
Do you remember we used to slap our own backsides to make ‘the horse ‘ go faster?
Hi all.
Just a wee post for some of the long-established CQN community.
I have a fairly mundane office job but on occasions I can escape the shackles of my desk as I have to go to various parts of the country for meetings. Such an occurance happened three weeks ago (I’ve not been able to post since) when I travelled from sunny Tyneside to Northampton.
I shan’t bore you with the details of the meeting I attended but on leaving the room, the chap who I met said to me in his Scottish accent something along the lines of…
“My family history is Irish and with a name like yours I guess yours is too.” He then asked if I was a Celtic supporter which I again confirmed and added my role in Tyneside No1 etc.
“I don’t suppose you go on CQN?” he asked. “Yes I do. I’m St. Martin’s Bhoy, I don’t post as much as I’d like to but Paul has been kind enough to let me write a couple of articles for the magazine.”
The reply came back that he did not post much now either but did I remember seeing “McGrain in Spain” on the blog? “Most certainly” said I. We decided to grab a quick pint together and share stories before heading our separate ways.
Yes, I went to Northampton a couple of weeks ago and met “McGrain in Spain” and he was asking after many of you. He rattled some names off, nearly all of which I’ve forgotten – sorry – but I do recall Kitalba and Celtic First being two of them as well as our host. I am happy to pass on that he is in fine form.
Maybe not the most amazing event but a thoroughly enjoyable one!
One wee footnote, we met on April 23rd and as we sat chatting about all things Celtic over a Guinness, a squad of locals who had been out celebrating their Patron Saint Day gave the pub a rendition of “no surrender to the………” as they dragged their knuckles along the floor.
Two Tims in middlle-England merely looked at each other, took a drink, laughed and counted our Blessings.
If you’re looking in “Mr McGrain”, Paul67 sends his best and I’ll speak to you soon.
Hail! Hail!
jamesdoleman on 10 May, 2012 at 12:56 said:
@BBCchrismclaug
Graeme Souness tells BBC Scotland he has not been contacted by consortium looking to takeover #Rangers.
How can he be sure? Souness, I mean. He probably still thinks it would be champagne and private jets, but these days a consortium looking to takeover Rangers is more likely to conduct its business using that pre-recorded automated spam phone call technology …
“Hello hello. You have been chosen to take part in a fantastic business opportunity … .”
@BBCchrismclaug
Graeme Souness tells BBC Scotland he has not been contacted by consortium looking to takeover #Rangers
===========================================================
Sheesh………That is SO this mornings news.
Walter is the NEW Messiah!!!!!!!!!!!!
All hail Walter!!!!!!……………….That’s a Blue nose type hail, no wan o those Timmy wans.
lennon’s passion on 10 May, 2012 at 12:50 said:
………
Brilliant.
St Martin’s Bhoy – One day we’ll find ole Cadizzy too. (thumbsup)
Twists
the Boss did cover this track as well.
It was Bruce Hornsby that wrote it.
Maybe I will cover it for my groupies SOAL and BT … those bhoys cant get enough of my dulcet tones !!!
Anytime your in or passing through the fatherland mate
Hail Hail
Paul67 in recent articles sounds confident the improper player registrations will result in rankers recent ‘titles’ being transferred to us….
So what are we going for next season?
12 in a row?
I think that CQN has been instrumental in bringing the huns to oblivion. From the start CQN told us what was really happening in Scottish football and the financial mess of Rangers in particular, information which the loyal pressmen refused to even think about until forced to
Hello all ,
Happy with the Celtic statement , didn’t really need one but it settles folk down a guess and applies a wee bit of public pressure.
I’m enjoying the show , these days will live with us forever.
Hard to understand why the rags are still peddling this utter nonsense and putting there names to it , it’s totally shameless.
On another note is it me or is Seb Coe a tad annoying.
St Martin’s Bhoy
Fantastic news. I must catch up with McGrain in Spain.
We had a brilliant day together in about 2008. I was at a conference and he picked me up and took me to the airport, via Torrevieja to watch Celtic beat Inverness 0-2 and then to a wee place near where he was living for the lunch of the decade. It was absolutely magic. I remember it very vividly (although not the exact year, obviously).
A fine, fine, fine mhan.
6pm in Morrisons: Small pile of DRs left, positive ranjurz story; big pile of DRs left, DR has a true story about ranjurz.
I would love to know who will be the first to take Duff&Duffer to court for telling a bidder to put an offer in with a value 50% less than the last time.
Looking after the interests of the Creditors?
BSR
Eh naw, “slapping oor ain backsides”. Jist you BSR, just you.
EC67
photographicboyhoodmemoryCSC
philvisreturns on 10 May, 2012 at 13:05 said:
St Martin’s Bhoy – One day we’ll find ole Cadizzy too. (thumbsup)
Ha! Ha!
I wonder how many meetings I’d need to go to before I bumped into him?
Good afternoon CQN
Now the proud owner of a CQN badge
Will wear with pride
Paul just can’t get enough of all this good news you keep posting
Keep up the good work
Big jelly and ice cream party coming soon
Keep the faith
Hail Hail
Steinreignedsupreme on 10 May, 2012 at 12:01 said:
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.
………………………………………………..
I suppose he would look big if you were trussed up on the floor and he was kneeling over you with the pliers in hand?
Hope Craigy boy hasn’t signed over his shares in blood.
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 10 May, 2012 at 12:51
One of my all time fav songs old bhoy.
brimmer
I admire a bit of parody in adversity at Ibrox
Pass the pound when rangers die
Celtic_First on 10 May, 2012 at 13:00 said:
A nIce one
Big Jock contributed much to our outlook. But it was all those men and women who built the platform that gave him the resources to achieve a wonderful period… History will show that legacy eventually did for the currants
Thems never enjoyed those benefits and mebbe they are more to be pitied than scorned
Then again…