Apologies for preaching to the converted, but it has been so many weeks since we heard Rangers recovery stories, all of which lauded in the press, none of which worth as much as the £1 the club was bought for 11 months ago.
Ticketus and Blue Knights join forces. So what?
Players who cannot play for anyone else until the summer agree to take a pay cut until 31 May. Big deal.
Duff and Phelps delighted that Ticketus judged to be a creditor [but whisper it, Rangers (IA) cannot set their deal aside]. Can you believe this was portrayed as good news for Rangers? Really?
All along the one man everyone needs has been vilified. Attitudes have hardened as Rangers best chance of coming through these times intact – doing a deal with Our Hero – has been made politically impossible.
Bill Ng’s opportunistic attempt to gain control of a cheap football franchise has ended with a few fascinating comments:
“We have serious concerns over the deliverability of the shares on offer”.
Have any of you offered Mr Ng a controlling block of Rangers shares? Unless you’re chilling in Monaco right now I doubt you have the authority. I think I’ll try to sell the Singaporean investor the Eiffel Tower. I don’t own it, but you get the picture. Ng also added:
“We would like to highlight that we have become increasingly uncomfortable and frustrated with the process dealing with Duff and Phelps, and the length of time that it has taken to reach this stage.”
Duff and Phelps are attempting to sell a metaphorical Eiffel Tower without owning it. Only Craig Whyte can sell Rangers, only Craig Whyte can release security to Ibrox and he will want tens of millions to do so. Unless a bidder is prepared to cover Whyte’s position all he is doing is wasting time. The administrators’ comment that Rangers major shareholder was “irrelevant” is perhaps the most damaging thought in 140 years of Rangers history.
Whyte is, as you know, the only show in town. Had Duff and Phelps made this clear to begin with, the recovery would have started weeks ago.
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£11.2m bid. So they are now worth less that Tore Andre Flo!!
Could be that the trucking Tennessee tycoon is intending to Phoenix by buying Hatch End FC who play in the Harrow Sunday League.
Chelsea enter and leave to the sound of Liquidator ..
Maybe Bill’s Test Tube Huns will enter and leave to the sound of a tune called The Incubator .
The bitter ones that sit just a little bit too out of earshot in my office, are a little bit het up. There’s much dicussion of Leeds at the moment.
Arf!
And there is more from our new hero:
He told Sportsmail: ‘I hope the Rangers representative at the SPL meeting votes in favour of all of the proposals as I believe they are in the best interest of the league and its members – including – the Rangers.’
“As a final step in the process, I have held a series of talks over the past week with officials from the SPL and SFA in an effort to ensure Rangers play in the 2012/13 season without further points deductions, fines or other punitive sanctions, relating to either the terms of my purchase or the actions of the prior administrations, beyond those levied during the 2011/12 season. My offer is contingent upon the regulatory bodies agreeing that the club will begin play in the 2012/13 season in the SPL and that they will do so without any loss of points and with all historic titles intact. I will not acquire the club unless I receive written assurances from both regulatory bodies to this effect. It is my strong view that Rangers and their fans should not continue to be punished in the future for the past failures of others. Rangers need a fresh start and I will always stand up for the Club.”
So he wants to keep the clubs history but forget about their financial doping by having two contracts and avoiding paying tax?
Step aside Craigy bhoy, we have a new hero on CQN…
Gaun yersel Tommy from Glasgow.
This could turn out to be as good as Nike (F5) Friday.
Cue more laughing fits.
I can only read the statement in instalments because I end up in tears.
greenmaestro on 20 April, 2012 at 14:47 said:
philvisreturns on 20 April, 2012 at 14:30 said:
Fortunes Favour Mibbes – Daft huns in a coma, I know, I know, it’s serious….
Meet me at the cemetry gates
A dreaded sunny day
so I meet you at the cemetery gates
Duff and Phelps are on your side
A dreaded sunny day
so I meet you at the cemetery gates
Duff and Phelps are on your side
while Whyte is on mine
————————————————
Do you claim these words as your own?
All of you who are calling Mr Bill Miller names remember….
People in little glass boxes shouldn’t throw stones!!
Why are the SFA/SPL in talks with someone about the consequencies of league rules/articles of association on there taking over a club in administration?
Does this conflict the meeting on April 30th?
Why is this guy having talks with the SPL/SFA regarding anything.
Surely the SPL/SFA should have politely told him where to go.
I understand that in the face of a barrage of telephone call, e-mails, etc. from the fine denizens of Mordor, the administrators are now having to take names and promise to return calls in due course. Presumably the time and associated cost (I don’t have the hourly rates to hand sadly) of returning all said calls, and replying to all said carefully crafted and polite e-mails, will be charged to RIA and ultimately reduce the amount of funds available to try to avoid liquidation…?
Kris Commons @kcommons15 Reply Retweet Favorite · Open
Just finished the photo shoot for the brand new home kit next year! Can’t tell u wot it’s like just yet but it will get u all talking!!!!
ASonOfDan – a question has to be asked who was he discussing this with at the SPL and have all clubs been informed of the contents of these discussions and were all clubs given the opportunity to be present. Were the discussions at the very least held with the SPL board
‘The healthy heart and the healthy patient (The Rangers Football Club plc) will then be reunited through merger’
-it sounds like The Hundead have put themselves in the tender mercies of Dr FrankNgStein.
What could possibly go wrong?
Agent Craig “Green and” Whyte!! on 20 April, 2012 at 14:52 said:
All of you who are calling Mr Bill Miller names remember….
People in little glass boxes shouldn’t throw stones!!
….
But I like living in an incubator.
BTW Agent Green etc, you’ll need to change your moniker after this.
Agent Craig “Green and” Whyte!! on 20 April, 2012 at 14:52 said:
Or in Bill Millers world: People in little stone boxes shouldn’t throw glass!!
An Fear Dearg
Hourly rate of administrators – £394
This is from their proposals to creditors document.
Mort
With all these huns phoning D & P in London….
Does that mean bigger profits for the Orange network!!
‘See to be honest, this is a total mess’
Copyright, FF.
It is HMRC policy that without a viable business plan they will reject any CVA.
How can a viable business plan be put forward for a company, proposing to operate as a football club, but have no assets to do so?
Latest image from inside the Ng-cubator
Kayal,
Red white & blue?
It looks as though all the fat bhoys will be able to get the new strip next season if Mr Commons is in the photo shoot.
Well done Celtic
Slimbhoy
I can’t seem to face up to the facts
I’m tense and nervous and I
Can’t relax
I can’t sleep ’cause my head’s on fire
Don’t touch me I’m a real live wire
Psycho Miller
Qu’est-ce que c’est
fa fa fa fa fa fa fa fa fa far better
Run run run run run run run away
Psycho Miller
Qu’est-ce que c’est
fa fa fa fa fa fa fa fa fa far better
Run run run run run run run away
You start an administration you can’t even finish it.
You’re talkin’ a lot, but you’re not sayin’ anything.
When I have nothing to say, my lips are sealed.
Say something once, why say it again?
Psycho Miller,
Qu’est-ce que c’est
fa fa fa fa fa fa fa fa fa far better
Run run run run run run run away
Psycho Miller
Qu’est-ce que c’est
fa fa fa fa fa fa fa fa fa far better
Run run run run run run run away
Ce que j’ai fais, ce soir la
Ce qu’elle a dit, ce soir la
Realisant mon espoir
Je me lance, vers la gloire … OK
We are vain and we are blind
I hate peeple when they’re not polite
Psycho Miller,
Qu’est-ce que c’est
fa fa fa fa fa fa fa fa fa far better
Run run run run run run run away
Psycho Killer,
Qu’est-ce que c’est
fa fa fa fa fa fa fa fa fa far better
Run run run run run run run away
oh oh oh oh oh oh oh oh….
RalphWaldoEllison-is Neil Lennon Season 2011-12 on 20 April, 2012 at 14:56 said:
Never im sticking by our hero till the end.
Also got a slight feeling this yank dude might just walk away.
Now wouldn’t that be a BIG surprise.
Kayal33
Image of CW instead of Tennents????
Kayal33 on 20 April, 2012 at 14:55 said:
Kris Commons @kcommons15 Reply Retweet Favorite · Open
Just finished the photo shoot for the brand new home kit next year! Can’t tell u wot it’s like just yet but it will get u all talking!!!!
————————————-
And KC has since tweeted that it will be green and white hoops…
Are we all living in an alternative reality today?
I have read that statemement twice now and it is the most mental thing to come out of rangers in administration so far.
rangers in administration really is the gift that keeps on giving. I am going to go back to February and start printing off all the stories and quotes and put them in a scrap book.
One day I might end up in a care home bored out my nut and I know if I have my wee scrap book “every day will be like a box of chocolates” as Bill Miller would say…
Run Bill! Run!
Go raibh maith agat, a Mhort! Hopefully several D&P staff will have to spend the next few weeks or longer returning calls, arguing the toss with the, er, tossers who rang them, and all the while racking up near four hundred sheets an hour to come off the pot that RIA need to try to stay alive. Carlsberg don;t do irony, etc.
Jim White just crawled on to SSN bet he gets all excited about Dustys statement.
Silly Hun Barsteward
So lets get this right
Bill Miller “So who is selling the Club?”
D&P “Craig Whyte”
Bill Miller “I’m no talking to him”
D&P “And Ticket Us are a preferred creditor”
Bill Miller “I’m no talking to them, but here’s £11.2 million pounds, shut up”
Is it this stupid?
He He He stupid Huns
The Pantaloon Duck – Are we all living in an alternative reality today?
Yes, and hurry up and get back to Earth before the Stargate closes. The chevrons are locking! (thumbsup)
You just know that all the usual sport hack succulent lambers out there will be googling for what the hell an ‘incubator company’ is exactly and how it can be best spinned.
sfa just sent email to mr miller “aye not ready yet”
For the past couple of weeks I’ve been listening to a fantastic young southern rock band called Alabama Shakes.
But I think that my new favourite band could be the outlaw country stars The Tennessee Incubators.
BBC NEWSFLASH
Bill Miller to make new Rangers bid by Monday
Prospective Rangers owner Bill Miller has declared to fellow bidders that “there is no time left for empty promises and grand-standing”.
The American’s existing offer to the administrators is the only one still on the table, though Bill Ng, the Blue Knights and Brian Kennedy may return.
Miller plans to bid £11.2m on Monday, creating an “incubator” company.
He said of his new offer: “I have proposed a purchase through a CVA. I have no plans for liquidation.”
More to follow…
CultsBhoy loves being 1st on 20 April, 2012 at 14:44 said:
is Miller Genuine?
—————————–
Miller Genuine Daft
Awe Naw at 1500:
Latest statement from Psycho Miller…
Gadji beri bimba glandridi
Lauli lonni cadori
Gadjam bam bim beri glassala
Glandridi glassala tuffm i zimbra