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Rangers survival: ‘In broad terms’

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Administrators for Rangers FC PLC (in administration) yesterday released a statement that had emotions swinging.  Subsequent headlines heralded the news:

 

“Administrators assure supporters that club will continue to exist”

“Rangers ‘will continue as a club’”

“Rangers will survive”

 

The administrator from Duff and Phelps actually said, “In broad terms, supporters can be reassured that Rangers will continue as a football club”.

“In broad terms”, Clydebank FC survived as a football club, they are away to East Kilbride Thistle on Saturday.  This is a completely empty statement.  Duff and Phelps have given no assurance that a deal to save the club has been reached or that they can compel such a deal.

Off to the juniors with them.

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  1. The Moving Finger writes; and, having writ,

     

    Moves on: nor all their deviance nor sh1t

     

    Shall lure it back to cancel half a Line,

     

    Nor all their Tears wash out a Word of it.

  2. Dontbrattbakkinanger on

    While I’m pleased that hoopslegend Dan Mastronovitch has had his red card rescinded his performance on Saturday was Sieve-licious.

     

     

    He makes me as nervous as when a fabulously wealthy Motherwell born businessman asked me for my bank a/c details, claiming he had inherited a Nigerian oilwell.

  3. From BBC’s Alasdair Lamont: Willie McKay, Daniel Cousin’s agent, leaves Murray Park, saying he believes the player’s deal with Rangers will go through.

     

     

    If that is true, how on earth can the administrators justify themselves as acting in the best interests of creditors?

  4. HECTOR - Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. on

    HOW MANY TIMS DAE A NEED TAE SAY THIS

     

     

    THE NEW IBROX NECROPOLIS with an A-LISTED FACADE.

     

     

     

    Built on the ground of the forebigots were at a tax of £1690 (above normal funeral costs) they can be laid to rest were their HEROES played and cheated.

     

     

    MWD

  5. Mort

     

     

    Who would buy a football stadium for £20m?

     

     

    The only people interested would be whoever buys Ibrox and I doubt they could afford that on top of everything else.

     

     

    The only other use I could think of would be a Music Promoter buying it and converting it to a full time Concert Venue.

  6. macjay1 for Neil Lennon on

    David Prowse says:

     

    16 February, 2012 at 11:51

     

    Big Dan red rescinded!

     

     

    Predictable shift would appear to be on the cards.

     

    Uppity Tims holding sway.For now.

     

    Hip pocket nerve kicks in.

     

    The fenians have won this league anyway,so what`s the downside?

     

     

    Sweetness and light from the M.I.B.s

     

    For now.

  7. Vinibhoy - Named Neil Lennon on his birth certificate on

    Afternoon bhoys,

     

    So with Big Dans red card being rescinded, does that mean that operation “Butter up Timmy” is now underway.

     

     

    I’d rather see Dan miss a few games and McLean demoted tbh.

  8. garcia lorca —-

     

     

    No shortage-

     

     

    reprobate

     

    rake

     

    bad ‘un

     

    wrong ‘un

     

    bad lot

     

    bad egg

     

    rotten apple

     

    thief

     

    freeloader

     

    freebooter

     

    cheat

     

    liar

     

    blackguard

     

    scoundrel

     

    crook

     

    conman

     

    rat

     

    villain

     

    low life

     

    cad

     

    bigot

     

    nasty bit of work

     

    skunk

     

    degenerate

     

    heel

     

    Hun

  9. Yes Alex, defend them. God knows the country needs them…

     

     

    First song on Saturday

     

    ——————————————————————————–

     

    Quote:

     

    Originally Posted by sprally

     

    Hello hello, just take out one word.

     

     

    Nope go for the whole f *cking lot, time to draw a line in the sand, the taigs have got away with pish all season.

     

    We should unite and sing and I mean the whole stadium giving it full on TBB and put two fingers up to the lot of them.

     

     

     

    modfella

     

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    #27 Yesterday, 12:56

     

    santefisio

     

    Trialist Join Date: 01-02-2011

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    without doubt is should be TBB!

     

     

     

    santefisio

     

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    #28 Yesterday, 12:56

     

    MMC1987

     

    On The Bench Join Date: 18-04-2011

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    TBB will happen, i have no doubt.

     

     

     

    MMC1987

     

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    #29 Yesterday, 12:57

     

    replay

     

    Gold Star Poster Join Date: 28-07-2006

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    The Billy Boys

     

     

     

    replay

     

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    #30 Yesterday, 12:58

     

    bigbluebear74

     

    Trialist Join Date: 26-02-2010

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    derrys walls but change the words to ibrox walls ?

     

     

     

    bigbluebear74

     

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    #31 Yesterday, 12:58

     

    scottya86

     

    Falkirk True Blues Join Date: 06-05-2008

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    TBO/UB need to leave out their ultra p1sh and we can sing songs that all the fans know

     

     

     

    scottya86

     

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    #32 Yesterday, 13:01

     

    lankylad

     

    Whale,oil,beef,hooked. Join Date: 03-08-2006

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    I would like to see all that tannoy sh*te turned off and let US make the pre-match atmosphere like the old days.

     

     

    Let’s air some of the classic songs we’re (in)famous for !!

     

     

     

    lankylad

     

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    #33 Yesterday, 13:03

     

    GaryMcLean1

     

    Glasgow Rangers Champions ! Join Date: 09-03-2009

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

     

     

     

    GaryMcLean1

     

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    #34 Yesterday, 13:04

     

    tdb1873

     

    Gold Star Poster Join Date: 04-08-2006

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Derry’s Walls for me

     

     

     

    tdb1873

     

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    #35 Yesterday, 13:08

     

    krack182

     

    WATP Join Date: 29-07-2006

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    TBB it should be. It’s not as if Celtc have cut out their crap and we’ve stopped that for about 6 years now.

     

     

    Most of the players will never have heard Ibrox belt out TBB either.

     

     

     

    krack182

     

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    #36 Yesterday, 13:09

     

    largsbluenose

     

    On The Bench Join Date: 12-07-2010

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Whyte must go

     

     

     

    largsbluenose

     

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    #37 Yesterday, 13:11

     

    GaryMcLean1

     

    Glasgow Rangers Champions ! Join Date: 09-03-2009

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    http://www.youtube.com/watch?v=_q08f…eature=related

     

     

     

    GaryMcLean1

     

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    #38 Yesterday, 13:11

     

    KennyP2519

     

    Trialist Join Date: 17-06-2011

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Derry’s Walls

     

     

     

    KennyP2519

     

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    #39 Yesterday, 13:12

     

    BarcaBillyBoy

     

    Wir sind schlau, wir sind fans vom HSV!!! Join Date: 22-11-2007

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    We’ll support you evermore, then onto Follow Follow and end with We Love you Rangers before blasting Derrys Walls like it’s our last!

     

     

     

    BarcaBillyBoy

     

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    #40 Yesterday, 13:13

     

    theateam

     

    On The Bench Join Date: 11-04-2010

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Quote:

     

    Originally Posted by GaryMcLean1

     

    Would love the Billy Boys! Just change 1 word .

     

     

    it’s been said before

     

    up 2 wur knees in rebel blood,

     

    but to many may not change i fear.

     

     

     

    theateam

     

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    #41 Yesterday, 13:13

     

    The Predator

     

    BF1 Loyal Join Date: 30-07-2006

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Quote:

     

    Originally Posted by angiegascoigne

     

    I think this will happen to be honest. I really do.

     

     

    I hope it does and believe it will

     

     

     

    The Predator

     

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    #42 Yesterday, 13:13

     

    Battlefield Bear

     

    Gold Star Poster Join Date: 17-03-2008

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    I despair.

     

     

    No threads about what we can do to help, but people falling over themselves to justify singing a stupid fecking song.

     

     

     

    Battlefield Bear

     

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    #43 Yesterday, 13:16

     

    The Predator

     

    BF1 Loyal Join Date: 30-07-2006

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Quote:

     

    Originally Posted by Battlefield Bear

     

    I despair.

     

     

    No threads about what we can do to help, but people falling over themselves to justify singing a stupid fecking song.

     

     

    Its our anthem and its the one song that unites us all.

     

     

     

    The Predator

     

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    #44 Yesterday, 13:17

     

    andy-1

     

    Bouncing about BF1 Every Other Saturday! Join Date: 23-04-2007

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Follow Follow into the Billy Boys

     

     

     

    andy-1

     

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    #45 Yesterday, 13:17

     

    BroomloanWATP

     

    Ally McCoist’s Blue and White Army Join Date: 22-09-2009

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Super Ally.

     

     

     

    BroomloanWATP

     

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    #46 Yesterday, 13:18

     

    jorgsleftpeg

     

    On The Bench Join Date: 07-08-2011

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    As long as its loud and sung by all, it should get the team going…

     

     

     

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    #47 Yesterday, 13:18

     

    williewoodburn

     

    0.003 goals per game Join Date: 25-07-2010

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Quote:

     

    Originally Posted by The Predator

     

    Its our anthem and its the one song that unites us all.

     

     

    …..and gets us into deeper shit.

     

     

    For fecks sake, grow a brain !

     

     

     

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    #48 Yesterday, 13:18

     

    jack flash

     

    Idiot wind, blowin’ every time you move your teeth. Join Date: 01-08-2006

     

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    Re: First song on Saturday

     

     

    ——————————————————————————–

     

     

    Quote:

     

    Originally Posted by Denver_Ba

     

    What should be the first song sang on Saturday?

     

     

    Gloria Gaynor’s “We will survive”

     

     

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    #49 Yesterday, 13:19

     

    GaryMcLean1

     

    Glasgow Rangers Champions ! Join Date: 09-03-2009

     

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    Re: First song on Saturday

     

    ——————————————————————————–

     

    Whole stadium taking part in The Bouncy ?

     

     

     

    GaryMcLean1

     

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    #50 Yesterday, 13:20

     

    jack flash

     

    Idiot wind, blowin’ every time you move your teeth. Join Date: 01-08-2006

     

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    Re: First song on Saturday

     

     

    Quote:

     

    Originally Posted by modfella

     

    Nope go for the whole f *cking lot, time to draw a line in the sand, the taigs have got away with pish all season.

     

    We should unite and sing and I mean the whole stadium giving it full on TBB and put two fingers up to the lot of them.

     

     

    But that might incur a points deduction – oh wait….

  10. The Ghood will … @ 11.15

     

     

    1) Why the TFOD / why CW?

     

     

    The TFOD are the perfect target for bottom feeders like CW.

     

     

    It had a large pre 2002 floating charge.

     

    He is then first in the queue and he can set the agenda with the administrator.

     

    Strong cashflow wth multiple opportunities to manipulate it to your advantage.

     

     

    All for the investment of £1 – perfect.

     

     

    2) Ticketus deal

     

     

    £24.4mill out to CW / TFOD.

     

    £3mill back to Ticketus in June / July 2011.

     

    It was supposed to be £9.5mill but CW renegotiated.

     

    Became a 4 year deal instead of a 3 year deal.

     

     

    Ticketus are surely not that stupid.

     

    Consequently they must have some sort of security over the outstanding advance.

     

    Looks to me as if the floating charge has been transferred over to Ticketus.

     

     

    I think the floating aspect of the charge means that the figure can go up and down over time.

     

    The other view is that the charge is not ‘fixed’ that is specific to a particular set of assets.

     

     

    Consequently it might have been £18mill to LBG but it is now £30mill+ to Ticketus.

     

    Total speculation on my part but Ticketus are not a charity.

     

     

    Not sure how they work regarding RoR / interest rates.

     

    From what we know 27K tickets = £9.5mill.

     

    Possibly 24K tickets = £8.5mill plus ST inflation say a round £9.5mill?

     

     

    Original deal for TFOD – £24.4mill in / £28.5mill out.

     

    Paid in 3 instalments – 3 months / 15 months / 27 months.

     

     

    Revised deal for TFOD – £24.4mill in / £38mill out.

     

    Paid in 4 instalments – 3 months @ £3mill / 15 months / 27 months / 39 months.

     

    Three equal instalments still outstanding at £11-12mill each?

     

     

    Consequently if Ticketus are only in for an £18mill floating charge security they are going to lose out on the deal.

     

    So to answer your question Ticketus are either – Stupid / got security / in on the scam.

     

    Take your pick.

     

     

    Finally any thoughts on who owns / runs Ticketus?

  11. Paul et al.

     

     

    My life is a mixture of sheer enjoyment and a wee bit of frustration at the moment. The enjoyment is self explanatory and you and many a fine poster on here are producing most of it. I’m also enjoying the sheer disbelief on the faces of some I work with and also those in the media that this is actually happening – despite the fact that most have been told for months and months that this would happen. I am the old McDonalds advert. I am loving it!

     

     

    The frustration comes with the refusal to even begin to countenance the view that we, and the rest of Scottish Football, can not only exist but, in the longer term, prosper from this mess. “Rubbish”. “That’s nonsense”. “I don’t know how you can say that”. These all are responses I’ve heard. The Radio and TV wallers are no better with their constant ” they must survive” buffoonery. Please don’t get me started on the former players, not just ran*ers players, who are only to happy to join in.

     

     

    However, I’m beginning to overcome this frustration by linking it back to my enjoyment. It’s the disbelief I’m enjoying. That disbelief was and is borne out of their refusal to listen. A refusal to listen to facts, cold hard facts. Not the rantings of madmen and women just cold hard facts.

     

     

    Ernest Hemingway once said ” “I like to listen. I have learned a great deal from listening carefully. Most people never listen and thus, never learn.” Good old Ernest! How right you were then and are to this day.

     

     

    THEY are going and I believe they are going fast. I was in contact with an esteemed friend (if I may be so bold!) this morning and, if I understand correctly, there was a consensus that any offer letters from Celtic re tickets for a game on March 25th may well be worth collecting. :-)

     

     

    I’ve quoted Hemingway and I’ll finish by quoting Paul67 “Enjoy these days. Chill.”

     

     

    Hail! Hail!

  12. Ah! That’s better. I had intended to post last night that I was always keen to see an independent Scotland reliant on it’s own resources to survive, but after Salmond said that we should not lose what the hun’s bring to Scottish culture I thought my dear God this man has lost the plot and this is not a culture that I want to celebrate never mind belong to. Politicians would sell their granny into bondage if they thought it would be to their benefit. Moral of the story, never trust a jambo.

  13. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    up_over_goal says:

     

    16 February, 2012 at 12:11

     

     

    If that is true .. they they are trying their best for Sir Skinty

     

     

    No Rangers = No Big Tax Bill = Harder to jail him

     

     

    Hail Hail

  14. Afternoon all, from a quick glance I see, the usual and very sensible ‘de-spinning’ job on the facts by Paul! And some very informative data on the real value of £49 million + in lost taxes! I look forward to JoboBaldie’s usefull insight into the weather prospects that Clydebank FC (not original version) can expect on Saturday! What an exceptional public service this site truly is! Enjoy the rest of your day! sTICks

  15. Dear Mr Salmond,

     

     

    Your support for tax evaders is very puzzling.

     

     

    Do you realise that if Rangers FC PLC (in administration) had not been evading paying the tax that they owe, you would have had enough extra money in the kitty £75M+ with which you could have built enough new prisons to lock up all of Scotlands Tax Evaders! This would have had a seriously beneficial effect on the country’s economy as the rate of payment of tax would improve greatly. With this Scotland would enjoy a period of prosperity rarely seen before. In fact so prosperous would the country be that this football mad nation would spend like never before on attending football matches and buying their teams merchandise. The Scottish Game would enter a new era of success off the field quickly followed by success on the field thereby creating a virtous circle of success This would foster a feeling of great confidence in the country as a whole and this would result in an overwhelming yes vote for independence and you would be hailed as the architect of this new Scotland. It would be a prosperous Scotland free from bigotry and facing the future with great anticiaption and excitement.

     

     

    Instead you chose to promote tax evasion and cheating on a grand scale thereby creating a feeling in the country of “if they are not paying their tax then I’m not going to either” which will lead the country to become a Greek Ruin.

     

     

     

    This and your recent pronouncements make me believe that you are not very far sighted and you wont be in a position to decide anything very much in a wee while. This is a fate that you will deserve.

  16. MBB reckons huns will be out of administration next month, is this possible or just waffle, onSS1

  17. Marrakesh Express on

    Three questions I’d like cqnrs opinion on.

     

     

    1. How will the huns handle the mother of all wind-ups/parties/celebrations at their hoose on March 25?

     

    2. Will UEFA get involved in the hun scandal, in light of Platini’s strong views on financial doping?

     

    3. Will Penny Arcade be dropped from the Ibrox playlist?

     

     

    hh

  18. ianbhoy

     

     

    When asked about this quote from Whyte the administrators said that was very optimistic. In admin speak this means bollocks or it is just the usual lot of whyte that the orcs are fed.

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