This is a dead football club

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We are five days away from the end of the season, Duff and Phelps have spent 10 weeks trying to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.

The stadium remains in Craig Whyte’s hands.

The SPL has not offered a place in the league.

The players can choose to become free agents on Sunday.

Duff and Phelps have no money to pay anyone or anything after 31 May.

Are you getting the picture?

Whatever ‘good news’ Duff and Phelps come out with later, or ‘Rangers to benefit from Miller withdrawal’ you read about tomorrow, not one piece of positive news has gone Rangers way in weeks.

This is a dead football club. If there was an accountancy term beyond liquidation, perhaps uber-liquidation, they would be uber-liquidated (there’s not, but if this gets any worse the English language will need some re-work).

Yesterday’s delay was the most complete confirmation possible, for anyone still harbouring doubt, today’s message from Miller should be no surprise to Celtic Quick News readers.

Miller’s parting shot:

“After hearing the message from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.

…has the makings of a topic for a business doctorate, if anyone is looking for one.  I’d elaborate but reckon we’re all a little carried away at the moment for serious debate.

The histrionics since yesterday and, if you don’t mind me saying, lack of appreciation of these historic times, would dishonour teenage girls (no offense teenage girls).

Please stop with all the silliness, indignation and faux trauma.  Some football supporters have real issues to worry about.

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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  1. Folly Folly on

    BT

     

     

    To the local cafe for some jelly and ice cream, methinks …

     

     

    FF

  2. No NewCo,then?

     

    It’s always a mistake to make assumptions where that lot of brobdinagian spinmeistere are concerned.

  3. blantyretim on

    FF

     

     

    ha, I will need to phone Mrs BT to pick the jelly up on the way home…

     

     

    plenty of ice cream in reserve…

  4. ernie lynch on

    Miller was never going to buy, was he?

     

     

    The question is, who got him to play out his part in this charade and why?

     

     

    Was it just to see them through to the end of the season without any decisive action being taken? Playing for time?

  5. johann murdoch on

    Paul 67,re “good news” it will be construed as ” leaving the way clear for the blue knights”…just watch the headlines and soundbites

     

    dear oh dear

  6. 'crushed nuts?' 'Naw, Layringitis!' on

    Miller made it clear to Stan & Ollie on Friday that this bid was not coming in, Sandy Jardine’s pleas went unanswered and the supporters told the yank to go home! As Ally says: ‘be careful what you wish for!’

  7. Paul67…..how did you get that article up when you must’ve been shaking with laughter.

     

    Now the gruesome twosome are saying there are more bids on the table.

     

    They must be at a séance.

  8. mattgallscot on

    as REM put it.

     

    it’s the end of the Gers as we know it

     

    it’s the end of the Gers as we know it

     

    and i feel fine.

     

    after 40 odd years waiting for this it might acctually be happening,

     

    but i will save the Champain and a trip back to Scotland when there gone for sure.

     

    oh happy days.

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