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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Best wishes Kojo
Kevtic @ 17.43
That easily beats any of my posts.
Right and Wrong
Couldn’t agree more!
roccobhoy on 7 May, 2012 at 19:05 said:
12:30 mate. There is a bit of a bevy down Gallowgate after the game. Facebook Miss Prestonpans and she’ll give you info, if interested. Not me though, do not do bevy in Glasga on a Sunday :(
Hearts game is 12.30 I think NOT 12.45
either dunfermline or hibs wont have a say in this vote as doncaster has confirmed,
very convenient is it not?
stand corrected it is 12.30
Did someone forget to close a tag?
Can I print in dark .H.H.
Did it take them 6 hours of debate to agree to thems request for an adjournment?
If we get into page six this BOLD crap will disappear………
Kilmarnock F.C. @killiefanpage
Seems 100% of Killie fans want to see Rangers in the 3rd division football. Tweet #NoToNewCo trending to get our voices heard
Retweeted by Electronic Tims
No one like us we don’t care…
We are Newco no one like us
We don’t care..
Paul67 ……. I think you’re right…….I don’t think Miller will buy them…….and they will then be fully liquidated…..Doo Doo
Mighty Tim
Cheers my friend.
Hail Hail
Roccobhoy
.
Kojo..
All the Very Best for Tomoz Buddi..
Take the Morphine and Trust Me Buddi..
You’ll Still be Laughin..
001Bhoy
PS.. And the Nurses are Better Now..;0)
I think the only way to STOP newco from entering the SPL is to get all fans together in a meeting and hear their thoughts.
Neveralone
Just noticed your correction of mighty Tim.
Cheers.
Hail Hail
Roccobhoy
All the best tomorrow Kojo.
Great to see the SPL shambles deteriorating even more.
They have fixed every path for the OldCo the NewCo, they have held back on punishments and have buried the wrong doing, the authorities have done everything in their power to facilitate R@ngers and still they have to pospone.
It was up to the R@ngers stakeholders and supporters to rescue their club, the have been woefully inadequate.
Some unknown American, under resourced, under briefed and under motivated is their only hope.
The fallout is going to be huge and many Scottish Football officials will be picking up their P45s with egg all over their face.
Kojo on 7 May, 2012 at 18:40 said:
Best of luck to you, hope it goes well.
gorbalstam
sorry big man – yes – you are correct
well spotted, gonna be a tight match, i’d imagine
Olivier Giroud of montp – top scorer on 21 goals
they’ve a chance, tho psg favourites mibbe now
Summa
haha
he is some lad, that fella
nae “Billy McNeill pies” in that neck o the woods, i suppose
he’ll just have to stick to the old liquid diet
but the Qatari’s are blessed to have him
great lad, EN, the finest
:)
So, in essence, the meeting was to punish them, they asked for a postponement, and it was granted….. HaHaHaHaHaHaHaHaHaHaHaHaHaHaHaHaHaHa
Kojo all the best buddy.
hen1rik on 7 May, 2012 at 19:17 said:
I think the only way to STOP newco from entering the SPL is to get all fans together in a meeting and hear their thoughts.
you seem very keen on meetings!!!!!!
I think you will find that all the clubs know their fans feelings on this……they know if they vote them in then the game is finished… no need for meetings…..it’s over the hun is dead
What is the Stars on 7 May, 2012 at 18:22 said:
Cheers, need a stronger thread :)
Lets hope there arent any black or poor people treating KKKojo.
He has made it clear on here many times he has no time for people like that.
hoped i was going to get my post in bold for a minute there….
Radio Snyde say SKY NEED TO BE QUIET AT THE MOMENT, SO WHO TOLD THEM THEY NEEDED 4 GAMES ………..MORE SHOITE FROM THE LL
Haven’t heard it yet but
CelticResearch @CelticResearch
Neil Doncaster on Radio Scotland tonight http://snd.sc/KQENjE
Paul 67, great post, and I really wished I shared your optimism – fact is that I just don’t trust them! They will do whatever it takes and will fight very dirty (no surprise there) and I fully expect them to be in the SPL next year – newco yes, but still “The Rangers”, by hook or by crook.
Listening to SSB and ears pricked up at brief call from (David, I think) when he asked Hugh Keevins about a story being “sat on” by 4 journalists till next week. I almost missed it, so apologies if I misquote him, but I thought he said that the word is that Celtic are poised to resign from the SPL next week.
Now that would liven things up a tad and give Messrs Doncaster and Regan something to think about!
I think that to date, Celtic/PL have played this perfectly and that their silence has been powerful – why show our hand too early – and anyway, as nothing has been determined yet, what is he supposed to say.
I for one would love David’s call to be correct – this could be PL’s Atticus Finch moment – when the right thing must be done, simply because it is the right thing to do.
If PL/DD took this stand, I’m in no doubt that all Celtic fans would back him to the hilt – I really believe this is a fight for the soul of Scottish football and Celtic MUST
Something inside so strong!
HH
Granger-Banyard on 7 May, 2012 at 19:24 said:
Lets hope there arent any black or poor people treating KKKojo.
He has made it clear on here many times he has no time for people like that
lets hope there are… he might learn something
Neil Doncaster, apparently the new poster boy of FF.
The Quiet Man
please please make it so
Paul67
Beyonce
neveralone on 7 May, 2012 at 19:06 said:
thomthethim on 7 May, 2012 at 18:56 said:
That would be true ttt only if the share transfer is made unconditional. If such a decision was made Scottish Football would go nuclear!
******
Thanks for the response. I thought I’d been typing with invisible ink today.
Would a conditional transfer not invoke the”can’t punish a Newco for Oldco’s sins” defence?
Apologies for changing the issue for a tad but due to V bad planning i miss the game this sunday as i will be in Torremolinos. Any body know a pub i will be able to catch the game bearing in mind the EPL climax is the same afternoon.
Cheers
M7
I think people like him learn nothing and forget nothing sadly- but we can still hope.
TopCorner on 7 May, 2012 at 19:20 said:
Montpellier and Lille are two teams that seemed to have challenged the bigger French teams, especially since Lyon started to fall away. Good competitive league.
Kojo, getting the hamstrings sorted for next season?
Good luck .
Excellent article Paul,
A situation punctuated by no one willing to take control. And who can blame them? Can anyone here imagine trying to reconcile all the interests?
Craig wants money from someone for the stadium & training ground
Ticketus want money from someone for 108,000 tickets – perhaps Craig (if Craig gets money for the stadium) or someone else. Doesn’t matter who
Buffalo Bill wants a gift wrapped product
Doncaster wants not to be lynched
Duff & Phelps want more £25,000 days
HMRC want blood
Murray wants to be kept out of this (nae luck Dave, neither Rupert nor Canute could push back the tide and nor can you)
Regan wants UEFA to get off his back and Rangers fans to get off his back (Sorry pal – its an either/or situation)
Sandy wants bygones to be bygones
The media want Rangers to survive (some for ideological reasons, others to pay the mortgage)
What a mess.
Hail Hail