So what do we know?
Need for clarification
Rangers’ potential new owner has asked for clarification on what he is buying, a franchise with a place in the SPL or the middle of a doughnut, with the ability to apply for membership to the Scottish Football League.
That clarification has not been delivered, which must undermine Rangers sale.
Rangers want an extension
Despite needing clarification, Rangers administrators, Duff and Phelps, failed to attend the meeting and asked for a further extension (it’s like the 2007-08 league season all over again). Curious, to say the least. Clearly they were not in a position to offer the SPL information that would assist their case.
To be revealed before 30 May
The next meeting is on 30 May, by then the First Tier Tribunal on Rangers Employee Benefit Trust will have reported. There will also be a considerable amount of information in the public domain on how Rangers operated under Sir David Murray. With all this information available, it will be impossible for the SPL to further delay publishing the findings of their inquiry into Improper Registration of Players by Rangers. In disciplinary terms, this is the big one.
What about Craig Whyte?
Bill Miller was appointed preferred bidder on Thursday but, as floating charge holder, Craig Whyte can ask the court to block stop Duff and Phelps disposing of Ibrox. We don’t know Craig Whyte’s mind, or if he has a deal with Miller, but if they are not working in partnership, you can expect a late and effective legal block put in place to stop the disposal of Ibrox.
So what does it mean?
The chance of a Newco being in place, in the SPL or SFL, for the start of next season has never been more remote. On 7 May they don’t have a buyer, after 10 weeks they don’t have the stadium and the moral outrage over what looked likely to be voted through today is beginning to gain traction.
Today was the best chance Rangers had to cut a quick deal with the SPL. Further delay only means more time for the other clubs to work on contingency plans and to be lobbied by their own supporters.
We are six days away from the end of the season and Duff and Phelps have to put enough of a confirmed deal in place to convince someone to part with £11.2m. They don’t have passage into the league and they don’t have a stadium to sell.
If Bill Miller stays in the game until the end of the week and submits a formal offer for the stadium and other assets, we can expect Craig Whyte to go to court to halt the process. I cannot see how or why Miller, who doesn’t even have a passport and has made no moved to come over and negotiate in person, would put £11.2m on the table when he doesn’t know what he is buying, or what sporting and financial penalties are coming his way.
Rangers will have to overcome all these obstacles long before 30 May if they are to stay in the game long enough for Newco to inherit their place in the SPL but their chances of surviving that long is dependent on a positive outcome from the meeting that has now been postponed.
They look marooned; I don’t think they are going to make it.
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SFTB
Excellent stuff.
Bhodran Man
When did you change your moniker ???
And we demand to know why you changed it as well :>)))
Richard Wilson @timomouse
Will properly blog on the Celtic rumour going round tonight in the morning, but my thoughts on it are these:…
Richard Wilson @timomouse
There’s no option left to them – Doncaster’s words have shown that NewCo will forced in whatever. The only way to stop it is withdrawal.
Richard Wilson @timomouse
The gamble is that the SPL will cave – without Rangers, it’s viable, without Rangers and Celtic, it’s dead
Richard Wilson @timomouse
Even if Celtic don’t follow through on it, the fact that it’s on the table will be enough to sort the matter out
I hope all of this turns out to be true.
At the moment, it’s all I got
Sftb
May I just say
YEEHAA!!!!
Load of TOSH!!!!
ok 8-4 who are the 8 and who are the 4?
4 : Celtic, Aberdeen, Hearts……
8 awe the rest including Hunco?
who/what am I missing?
There was a caller on SSB this evening who asked if the panel had heard anything about a rumour that Celtic had resigned from the SPL.
I expected Keevins to ridicule the notion, in his usual manner, but he didn’t, he said he knew nothing about it and kind of went off at a tangent and changed the subject.
We are living in strange times.
Swansea boss
Rodgers calls for
fans to dress like
Elvis Presley
Swans manager asks supporters to
celebrate their extraordinary season
by mocking the fact that
bookmakers had given them less
chance of staying up than a return of
the King
People talked about the four journos sitting on a huge story.
Might it be resignation from the league?
The fact that the rumour is out there might just focus a few minds.
Smoke and fire spring to mind on this rumour.
Summer’s comin
Defo offski this time…….. night Celts.
TET :¬)
The Four;
Integrity,Honour,Decency,Strength
The Eight;
Dishonesty,Distrust,Cheating,Greed,Masochism,Sabotage,Inequality,Weakness
Sftb
Circle the wagons. Brill!!!!
setting free the bears on 7 May, 2012 at 23:15 said:
You forgot about Doctor Doncaster and his morphine!!
Margaret McGill
Some twit on Twitter said Hibernian was the fourth.
The nights are gettin longer it won’t be long”…………
When You Say Nothing At All”
It’s amazing
How you can speak
Right to my heart
Without saying a word,
You can light up the dark
Try as I may
I could never explain
What I hear when
You don’t say a thing
The smile on your face
Lets me know
That you need me
There’s a truth
In your eyes
Saying you’ll never leave me
The touch of your hand says
You’ll catch me
Whenever I fall
You say it best
When you say
Nothing at all
All day long
I can hear people
Talking out loud
But when you hold me near
You drown out the crowd
Try as they may
They could never define
What’s been said
Between your
Heart and mine
You say it best
When you say
Nothing at all
You say it best
When you say
Nothing at all)
The smile on your face
The truth in your eyes
The touch of your hand
Let’s me know
That you need me
You say it best
When you say
Nothing at all
You say it best
When you say
Nothing at all)
The smile on your face
The truth in your eyes
The touch of your hand
Let’s me know
That you need me
You say it best
When you say
Nothing at all
You say it best
When you say
Nothing at all
Margaret
A useful addition to the character list.
If I had had the time and the inclination, we could have had the Kilmarnock chairman cast s Gabby Johnson, uttering unintelligible gibberish which always ends with hornswoggle.
setting free the bears on 7 May, 2012 at 23:55 said:
LOL! I know what you mean. Its kinda difficult to weave in any kind of symbolism using the world’s sexiest midget!
I let my mind wander there and allowed it to imagine Celtic did,or threatened to,resign from the SPL.I wondered how the hun would react.Obviously the first response that springs to mind is rage,their default setting.But then i thought about it some more and i came to the conclusion that ultimately they would be beaten,we would have taken any bargaining power they had away in a flash.They would be as deflated as a Branson balloon.Lost,hurting,helpless and angry but overall,flat.
Anyway i soon came back to reality. :(
http://www.youtube.com/watch?v=TB54dZkzZOY&ob=av2e
Sky Sports Vicki Gomersal is stunning btw,she sure would be baaad to you, sweet dreams bhoys.
HH
KTF
“Someone’s gonna have to go back to Ibrox and get a sh*tload of dimes.” ;-)
Baba
And a tow truck as well!!
Just before I go, I was trawling through some old CQN posts and came across this belter from Estadio, sums up the way things are for me.
……………………………………………….
Bail Out
It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit.
On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.
The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer.
The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel.
The guy at the Farmers’ Co-op takes the €100 note and runs to pay his drinks bill at the taverna.
The publican slips the money along to the local hooker drinking at the bar, who has also been facing hard times and has had to offer him “services” on credit.
The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.
The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything.
At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.
No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism.
And that, Ladies and Gentlemen, is how the bailout package works
BABASONICOS71 on 7 May, 2012 at 23:57 said:
Celtic resigning from the SPL..yeah I think all the hun beggars would follow Celtic like a dog begging for chocolate to the new Scottish Parody League! Look what they are doing now.
Margaret,
Allow me my dreams.Reality is such a bind.
some guy’s posting upside down, somebody’s saying that our board support the newco, someone else says that because ranjurz have been caught cheating, he’ll never watch celtic again. why are we happy to believe the worst?
They’re done, finished, dead. newco is a pile.
Fight with fire.
I reckon we put it out there that we will resign fron the spl if a Bigot Newco is allowed to slither back after commiting fraud on a grand scale and corrupting the sfa.
See what that kicks up. See what Sky say then. See how many people say that the spl needs US.
We need to stir it up.
And anyway, how much more mibbery are we expected to tolerate as well?
Might as well throw that into the mix.
THE EXILED TIM on 8 May, 2012 at 00:03 said:
Great wee allegory there. One wee problem. Hookers in Greece cost €200. Some of us know these things.
Margaret McGill
Secrets, don’t be giving those away now:>)))
There is a football team in Scotland who have:-
Stolen from the taxpayer
Cheated to win trophies
Threatened and attacked innocent people.
Spread hatred through their doctrine and beliefs.
Their supporters are calling for all people (sic) of their ilk to support their team/club financially to ensure their club survives.
There is a football team in Scotland who have:-
Won trophies fair and square.
Upheld integrity at every turn.
Promoted charitable opportunities at every turn.
Have organised a once in a lifetime event for 40 deprived children from Thailand.
Their supporters are calling for boycotts and to withhold money from their own club.
Only in Scotland!!!
Goodnight. Hail! Hail!
estorilbhoy on 8 May, 2012 at 00:10 said:
No true Celtic supporter wants to deprive Celtic of anything. This is a historic moment where Celtic need to do the right thing and do all in their power to exorcise Scotland of this cancer or at least its symbol, and I hope and I pray they are not in collusion with them for a few more bucks.
Is the hotel owner not still 100 euro out of pocket from the hooker?? :)))))
Anyone remember when anything but white socks were called ‘nasties’?
My mother didn’t subscribe to this view.Hence the long term mental trauma as a result.Kids can be cruel.Mums too.
Margaret, history ( inherent tapes) tells me that is not the case.
Excellent article Paul, succinct and to the point.
ET- I remember when Estadio posted that and it worried me. NOT any more. I firmly believe that they are finished.
The Miller thing is a fantasy of Hansel & Gretel proportions. Sally will find that any crumbs of comfort to be found lead to Greggs (a well worn path).
Miller has no money – well not enough – and has not one clue about his, ahem `investment’. This is a stall by Duff & Duffer to put a check on the players contract demands. Smoke and mirrors.
In the words of Tom Jones – Die. Die .Die…………………….
HH
Margaret McGill
I don’t think the suits are, I have thought long and hard about it, talked to people who would have a bit more insight than most who post on here, even talked to members of the goat breeding fraternity, and they are all waiting for Hector.
The things you hear of the golf course.
200 seems a lot btw, down in Granada, times are tough as well, there are some stunning girls there,they line the streets, 1 euro a min, not that I have frequented them mind you, somebody told me.