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to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.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from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.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.
899 Comments- Pages:
- «
- 1
- ...
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- ...
- 24
- »
So is it next monday then for the big “L”????
The Singing Ranger
pmsl
http://www.youtube.com/watch?v=ZHcFqMxH0gc
67heaven
I suspect it’ll be the extra £80M still owed to MIH.
MWD
Is Sone Aluko one of the new bidders? Will Sally demand to know?
Sone Under the Radar Aluko???
We should be told.
HH
Electronic Tims @ETimsNet
So Glasgow Labour Party got into bed with Orange Order to mobilise unionist vote at council elections? Scumbags
Best thing about it all is guys like Jabba, Winter et al are spewing, utterly spewing.
TAL.
That Dingwall looks like a typical bhun …….
Fana going to bed? Ur gonae miss the 3 new bidders bids!!
Miki67:
Who would have thought a death knell could sound so majestic?
To my ear the big horn sounds like Beethovens 9th.
Ian Davidson describes a biased referendum question is like having a match where the referee supports one of the teams.
A truly tragic indictment of Scottish society that this clown gets airtime then again they are the huns plus ca change..
The sooner the better I say I hope Hector sticks it to them big time this week..
¡ǝsoɥ ǝɥʇ ǝɯ ssɐd ‘sʞɔıʞ ʎןɟ ɥbnouǝ (o) /o\ z ʍoɹ on 8 May, 2012 at 22:55 said:
Seeing Dark Mingwall reminds me of the old Monty Python Cartoons where the fat guy starts to eat the person he is talking to. I keep waiting for him to turn round and consume Spiers whole……….
a wafer thin mint !!
So bye bye wee American guy,
Done a dash wae yer cash cause Ibrox was dry,
Us good old Bhoys laughed so much that we cried,
Singing this will be the Huns died,
This will be the day the Huns died..
Moonbeams …..as I stated on here the other day, that’s exactly what I think it is …..DOO DOO
They don’t like it up ’em….
(repeatedly)
;0
SSB slipped in that Wolves might interested in Lenny tonight!!
Why is it taking so long for this taxcase ?
I hope no-one told old Kojo about today’s news. Those stitches of his will be bursting as his laughing goes into overdrive. Nurse!! I like you aloater. :-)
Boss Hogg Miller took one look at the fine details of the ‘legacy contracts’ and realised rangers were a corpse floating face down in a tide of financial filth.
The ‘legacy contracts’ being Ticketus and the mortgaging of the catering.
Duff&Duffer also stated these were irrelevant at one point as well.
They are either the worst administrators in history or have played a blinder for Craigy bhoy and his goal of the liquidation of rangers.
I am backing the second one.
HH
haha, Scotsman front page:
Storm clouds gather over Ibrox as truck tycoon Bill Miller walks away.
TAL.
Did Sally wince when Miller pulled out knowing that he had rectum? ;-)))))
Chris McLaughlin @BBCchrismclaug
Fair amount of scepticism re D&P’s claim about new #Rangers bidders. Their claims still need to be reported whether fans believe it or not.
Ach ma auld pal Chris is tweeting again, welcome back Chris..
Ole Bill’s gotta lovely smile….Inny..!
bbc2 now lads
Mibbe they mean there’s three Buds on the table cos the Miller’s gone!?!?
I went onto follow follow for a lurk some time ago.
What a bad move that was.
They are not very polite are they.
Tictalker talking tic
I’d love to see the emails sent to Windy Miller from the huns!
SPF
Just had a quick look at the Sky Movies listings for the noo and, someone’s at it:
For the huns:
The Good the Bad & the Ugly
Species
Deliverance
The Hurt Locker
Disclosure
Bled – to be followed by Stag Night of the Dead
Animal Instincts 2
In the Name of the King: A Dungeon Siege Tale
Royalty Apart
For us Tims:
Happy Endings
Barry NormanCSC
These Rangers boys are not to be messed with, more emails to Miller.
Ha Ha Ha, clowns.
Finally, I understand karma.
Huns fans, encouraged by Grandmaster Suck himself, bombarded Miller with abusive emails, thus demonstrating to him more clearly than anything else, just what a cesspit he was about to buy into.
As a result, the coffin lid is slammed shut on their odious club.
bbc2 shot of ibroke as a truck drives passed with DUNNE sign on the side of it………………ho ho ho!
Hun skelping sounds so much better in that southern drawl :)
I’m happy tonight, happy that I’m a Tim and I don’t have to hear munters like Mingwall and McCoist representing my club, you two sleekit cowardly slugs deserve all ye get and I hope it’s sore, really sore for you both…
A lifetime of suffering would be too good for you..
Neil in tomorrow’s Scotsman say huns irrelevant to Celtic’s plans
huns irrelevant full stop.
According to the smart American chap on Newsnight, sounds like the RFCiA fans wern’t exactly welcoming… ‘several hundred’ emails delivering varying levels of abuse. ‘not worth spending a chunk of his kids inheritance on’…
Assurances from SPL wern’t in place
The Celtic Trust team didn’t have listen to one load of baloney tonight.
I know it’s not strictly kosher to call someone a liar, but to paraphrase a famous Parliamentary exchange, if Doncaster is not drunk he is certainly incapable.
“SFA had imposed a 12 month registration embargo (not a transfer embargo so players can go out to a Newco for instance)”
Tell me what that means, in English. Isn’t the “registration embargo” as opposed to the “transfer embargo” precisely WHY the players can’t go to a Newco?
They then seem to contradict this later with this line …
“c) Newco would be obliged under the TUPE regulations to take on all employees (who wanted to transfer) on the same terms and conditions – so they would, in fact, have all the player registrations.
In my understanding, under TUPE, they do NOT own the player registrations; the players need to RE-SIGN for the club and thus a whole new set of registrations are required here.
“The sanctions imposed on Rangers (Oldco) would not pass to the Newco.”
So, there it is, at last, publicly accepted. A Newco is the full-scale Get Out of Jail Free card I suspected it was. If Rangers NewCo then they get off scott free, with all of it. No debt. No penalties.
Which is then contradicted by this bit:
“The application to join (ie to have the Rangers share passed to Newco) could be on the basis that they would shoulder the sanctions imposed on Rangers or it could be that they would not shoulder this responsibility.”
That sounds legally un-enforceable considering the above. What are they hoping for? A gentleman’s agreement? Nonsense ….
And my favourite part, and please don’t shoot the messenger ….
“UEFA are not involved in this at all except in relation to their own competition. In that regard, a CVA would lead to a one year ban from European competition and a Newco would have a three year ban (as a consequence of having to provide three year’s accounts to take part in the competition). UEFA are currently looking at increasing the CVA penalty to three years and ND/IB interpret this as UEFA saying that there is little difference between the two possible routes out of administration.”
I told you, do NOT look to Nyon for a resolution here. They are not going to get involved in this, in any way.
To be fair though,…Bill maybe shouldn’t have taken those Go Home Yank emails so seriously.
Im sure Ishmael T Glove, U.R Indeshitt, Rose R. Rebeads, Vincent De Paul, S.P.L. Naemare, Bill D.Gallows, Kerry Dalestree, Joos Kahn Getanov, and ole Jurgen Bustjakunts were just havin a laugh.
Have Mark Dingwall and Captain Pugwash ever been seen in the same room?
Duff and Phelps statement tomorrow – delight at new bidders that have come forward since Bill Miller withdrew his bid, and are looking forward to picking the preferred bidder.
*tumbleweed*
Tomorrows news – today on CQN