This is a dead football club

899

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to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.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from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.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. Stephen Morrow of Stirling Uni (RTC???!!!)

     

     

    Trying not to laugh on Newsnight right now…

  2. 67Heaven ... I am Neil Lennon..!!..Truth and Justice will always prevail on

    Right, ‘paused’ Newsnight Scotland, took a couple of paracetamol, getting over-excited….off to watch the next ‘episode’ ……. Won’t sleep tonight, that’s for sure….

     

     

    I CANNOT WAIT FOR SUNDAY……..

  3. ScotPatsFan – here’s one

     

    ———————

     

    Millur ya big trukr, keep yure filthae mitts aff wur klub or therl be boolets in ra post!

     

    ohthecolors1690

     

    ——

     

    HH

  4. jude2005 is Neil Lennon \o/ on

    Heard Riegart Demolition are one the new bidders. They need some bricks, turf, seats, goalposts, nets,light bulbs, coffee stalls, doors, marble steps,picture frames, tainted silverware, toilets seats, showers, big gates. HaiL haiL

  5. The bould Hector’s bhoys….. Tá ár lá anois on 8 May, 2012 at 23:09 said:

     

     

    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.

     

     

    What about William O’Range? Rick O’Shea?

  6. Magnificentseven on

    may67 on 8 May, 2012 at 23:09 said:

     

     

     

    Have Mark Dingwall and Captain Pugwash ever been seen in the same room?

     

     

     

    have Dark Migwall and Dark Mingwall ever been in a room together……is there a room big enough

  7. 67Heaven ... I am Neil Lennon..!!..Truth and Justice will always prevail on

    Sorry, but what’s a LEGACY CONTRACT ….???

  8. And just to send everyone off to the Land of Nod with a smile on their faces, there is a thread on FF currently running entitled…

     

     

    “Only David Murray Can Fix This”

     

     

    Thank you, and goodnight!

  9. 67Heaven … I am Neil Lennon..!!..Truth and Justice will always prevail on 8 May, 2012 at 23:13

     

     

    That’s what you sign when you buy a hybrid incubator…

  10. James Forrest is Neil Lennon! We are ALL Neil Lennon! on

    Oh yes, how did I forget this one?

     

     

    “Extra Contract allegation – subject to an SPL investigation which, if a prima facie case is established would then either refer it to an independent commission to investigate and decide the punishment if they are found guilty, or it would be done by the SPL Board or a sub-committee of the SPL Board.”

     

     

    Now, having PROMISED an independent commission would handle this, this, the MOST SERIOUS ISSUE EVER TO FACE SCOTTISH SPORT, he is now reversing his position by seeming to suggest the SPL board, with all its commercial considerations, “might” do it instead.

     

     

    This has all the hallmarks of exactly the blatant, stinking stitch-up we are worried about. Their determination NOT to punish Rangers is rock solid.

  11. ItaliaBhoy

     

     

    The first time I saw Stephen Morrow on the box talking about them, I posted the same, RTC, I was informed, can’t remember from whom that I was wrong, still not convinced btw.

     

    We will find out soon enough who he is, maybes.

  12. ¡ǝsoɥ ǝɥʇ ǝɯ ssɐd ‘sʞɔıʞ ʎןɟ ɥbnouǝ (o) /o\ z ʍoɹ on

    Miller Towing Roadkill formally identified as endangered species derhun

  13. Thursday night’s ThaiTims concert was always going to be a special occasion, but I think the roof is going to come off the Concert Hall!

     

    And then there is a full house on Sunday to look forward to.

     

    :-))))))

     

     

    SPF

  14. I shall keep reminding everyone on CQN once or twice per week….

     

     

    This is just a dress rehearsal. The main event is yet to come.

     

     

    “Improper Registration of Players” – a blockbuster showing at a TV screen near you soon.

  15. ¡ǝsoɥ ǝɥʇ ǝɯ ssɐd ‘sʞɔıʞ ʎןɟ ɥbnouǝ (o) /o\ z ʍoɹ on

    3 new bidders:

     

     

    Vulturenewco

     

     

    Hyenanewco

     

     

    Sonealunewco

     

     

    HH

  16. jude2005 is Neil Lennon \o/ on

    So Mr Miller received hate mail??. Best someone tells him bombs and bullets might on their way!!

     

     

    Night U ALL.

  17. James Forrest is Neil Lennon! We are ALL Neil Lennon! on

    Sabre67:

     

     

    As I said above, Neil Doncaster has tonight indicated to the CSA and Trust that this issue might be handled by the SPL board or even a “sub committee” of the SPL board. If you expect them to expel Rangers from the league you are kidding yourself on mate. Prepare to be severely scunnered.

  18. starry plough

     

     

    “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.”

     

     

    I am predicting the bidder will be the same guy that bid £10m for Jelavic last summer

  19. hen1rik on 8 May, 2012 at 22:56 said:

     

    >>>>

     

    Is that a vulture circling above?

  20. tommytwiststommyturns on

    Still waiting on my season card renewal….what to do, what to do?

     

     

    Hope everyone’s powder is bone dry!

     

     

    Night night

     

    TTTT

  21. Starryplough – I suspect the ‘hybrid incubator…’ will never be heard of again… A shame… Really

  22. fanadpatriot on

    Jude 2005

     

    Cannot wait any longer,bed calls.Alarm set for 6.00.Any news contact me at —————.Slan

  23. setting free the bears on 8 May, 2012 at 23:19 said:

     

     

    Ole Chris McLaughlin will keep us in the know though he’s defines the phrase “investigative journalism” look forward to giving him another roasting on Twitter..

  24. CultsBhoy loves being 1st forever & ever on

    Anybody catch Steven Davis brief comment tonight? Am I alone in reading his body language/facial expressions as saying – ‘who cares – I’m outta here asap!’

  25. Marrakesh Express on

    Its like the huns keep playing Russian Roulette…..with all six chambers loaded..

     

     

    Hh

  26. Jude 2005

     

    No tickets for Thursday. Still looking for more for some friends.

     

    Will know by the w’end for Sunday’s game.

     

     

    SPF

  27. James Forrest is Neil Lennon! We are ALL Neil Lennon! on 8 May, 2012 at 23:08 said:

     

     

    There is a man who deals a lot in doublespeak and obfuscation.

     

     

    I’ll deal with the sanctions first of all. The two situations aren’t mutually exclusive and it’s important to separate the individual actions from the eventual outcome. He’s right, you can’t apply the OldCo sanctions(say 10 point penalty for easyness) to the NewCo, that would be illegal. However you can make it a condition entry to the SPL that in season one they shall start with a 10 point deficit. If NewCo does not wish to accept that they will not be granted the SPL place. Two separate actions that have the same outcome. I suppose there’s potential for the entry requirements to be seen as restriction of trade or something similar but I doubt it.

     

     

    The whole registrations issue is very cloudy. There would be nothing to stop NewCo owning and paying a player but having him unable to play because he wasn’t able to be registered. I can’t foresee a circumstance where any owner (or player) would be happy to do that, nevertheless it’s possible. Same with TUPE, the player contracts could transfer from OldCo to NewCo, even if the registration to play did not. This would mean OldCo would hold the asset to sell. Having just written that I’ve realised the registration ban could allow them to trade players without ever registering them to play. Interesting take from ND there.

     

     

    Probably very little of what he says is actually untrue, technically. Just highly unlikely ever to come to pass or swamped in semantics.

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