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to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.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from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.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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The great dignified Scottish sporting institution has been reduced to such a level of mind-numbing stumbling incompetence they couldn’t pick up crabs in Betty’s bar.
SSN..
Dim White saying..
Bill Miller been subject to thousands of emails from huns warning him not to buy the huns.
BM..the debt is MUCH MUCH MUCH worse than he thought and even he could see no way of turning it around.
Ragers till July looks optimistic
Why do the Huns always get what they want?
‘Yank go home’ and he does.
Hahahahahaha
Grant Russell @STVGrant
Rangers supporters deserve transparency in a moment of crisis, not PR bluster extolling bids out of nowhere and stupid deadlines.
Retweeted by Fritz A. Grandold
Poor wee huns everybody is taking the piss out of them..
Paul67 et al
Armageddon outta here!
Holy Moly, just when you are getting bored with the whole sorry mess they manage to throw in another twist.
Got to say love the fact the Miller re-acted to the knuckle draggers telling him to take a hike, nothing like biting the hand that feeds you.
Vaultbhoy
I sense a disturbance in the force… Its almost as if… As if… A great evil has been removed…
Jedininjadangermouseknightscsc
Hahahahahahahahahaha
Hahahahahahahahahaha
Hahahahahahahahahaha.
My sides.
Kojo, you must have a great summary for this one mate.
Hail hail
Bould Hector, to you too.
johann Murdoch, yes, perhaps.
miki67, aye, sure there are.
Steinreignedsupreme, indeed.
Bill Miller discovers that Mary Shelley was a fictional novelist not a leading edge medic………
HH
Green Lantern – Isn’t vapourisation beyond liquidation?
And beyond that annihilation!
This is the hunnish equivalent of the K–T extinction event.
The dinosaurs are looking towards the skies, staring with dumbfounded incomprehension at the debt asteroid hurtling towards them. (thumbsup)
Guys I think its about time we all did the right thing……………lets all put a tenner in a bank for paul and then he can go buy them…………….then we can take suggestions what we can turn it into!!!!!
It would be an excellent and Celtic minded way to mark the Queen’s Jubilee for them to go out of business on June 5th.
Now Miller has gone it is not a Title celebration anymore on Sunday, but the best wake you could ever hope to attend!
HH
The Miller fiasco was run as a success story by MSM before he had even started due diligence.
No wonder the peepil are angry, MSM are causing this, I think they should be told and UEFA should remove Duff and Phelps, forthwith.
Jim White SSN reporting that Bill Miller’s enquiries into rangers has revealed a financial black hole – Bill – CQN could have told you that months ago.
Vinny
What a great Birthday gift.
Jamie
Taken from Rangers Media They hurting GoooooD
Here we f*****g go again. Wake me up when this is all over, f*****g sick of this now. I will be amazed if theres a Rangers playing competitive professional football next season
Don’t you just love MATER’S last couple of words
“God Speed rangers”
Hahahahahahahahahahahahahahahahahahahahaha
Hehehehehehehehehehehehehehehehehehehehehe
Oh ma sides!
Were Duff & Phelps the two lookouts in the crows nest on Titanic?
They seem to be steering this ship in the same direction.
Watch for the break up when the BTC strikes
TopCorner on 8 May, 2012 at 17:39:
“♫…aaaaaand theeeeeey gave us James McGrory and
Paul McStay…♫ ”
Are you tone deaf? That second note is a mile out…
I wonder if Bill Miller understands the size of the bullet that he has dodged
SSN……………………………Sally demands to know the names of who chanted Yank go Home.
Dead and Loving it – I wonder if Bill Miller understands the size of the bullet that he has dodged
http://s4.hubimg.com/u/1058515_f260.jpg (thumbsup)
When does the liquidation sale start? surely the creditors must be wanting their money back by any means possible now, time is up, bring the whole lot down.
Maybe they will be pulled in to the ‘black hole’ that SSN are reporting on.
Vaultbhoy
A wee note on the Anti Yanks banner last week
They had three playing for them!!!
Stupid Duped huns…….
HeHe
Amazing how things can look different in 24 hours, isn’t it ?
Honestly, I have been writing about Rangers financial plight for four years, through title wins long after they should have been dead, through buying players they could not afford, through the days we are in now, where the team behind Soap are running the show, and crafting stuff they would not have dared put on the show.
Throughout all of it, until Miller came along, I could not see a way they could survive without a piece of blatant rule-bending so incredible there would be an outcry. Miller’s plan seemed to be such a piece of sleight of hand, a move so brass-necking I could barely believe it.
Yet I believed it could – maybe would – work. No matter how scandalous and blatant it looked, it looked as if people were willing to waive this guy through the starting gate. Could the plan have worked long term? Doubtful, but Rangers would have been in the SPL, and probably with minimal sanctions.
Now? Jesus … Now, I haven’t got a clue. I’ve been writing about this for years, waiting for it, hoping for it, dying to see it … and then I thought the rug was getting pulled. Now? What now? Hell … I have no idea.
The administrators “three new bids” story is fantastically entertaining, a clear sop to the Rangers fans to help them wrap their brains around this shambles, this appalling mess, but once again they look a hair’s breath from being dead.
I love that he has blamed their fans though. That’s the cherry for me.
But what now? For the first time I am honestly too stunned to even think about it. One thing is for sure; yesterday I was dreading the next phase in this, the phase where Miller’s plan went into motion, where the SPL would certainly have waved it through, where the SFA was already making plans.
Now I can’t wait for the next installment. This … this is too crazy. I can barely wrap my brain around how ridiculous this has become. These are not great days for journalism, for the game’s governing bodies, for the Rangers fans … but boy, oh boy, they are exciting times for us!
STV………………….. are claiming that three new bidders have come forward inside 35 minutes of Millers statement, – when they had none in five years?
Hmmmmm CSC
Wonder if we’ll pinch any of their players?!
HH
…apparently (SSN) he received hundreds of abusive emails from angry huns…my goodness…they really are completely bonkers.
A said did’t A, A told them they don’t like to be called Yankees.
Would they listen?
Do they ever listen?
Ach Well!
When’s the Champion League draw?
“I wish Rangers fans, supporters and employees my very best. I hope all your dreams and wishes come true. You certainly deserve it.
…
“God Speed, Rangers!”
It’s almost as if he’s intentionally trolling them.
Couldn’t be… could it? (thumbsup)
anyone else’s posts going missing..?
It hurts to set you free
But you’d never follow me.
Bournesoup – Brilliant!
But how long before Celtic fans get the blame of sending the emails and going to Ibroke disguised as Rangers fans waving red cards chanting Yank go home :-)
Loved getting that text today telling me Miller walked away!
bournesouprecipe – STV………………….. are claiming that three new bidders have come forward inside 35 minutes of Millers statement, – when they had none in five years?
I’m Spartacus. (thumbsup)
Celtic_First on 8 May, 2012 at 17:25 said:
Toto. Get back fae that curtain.
SUPERB!!!
Starryhope