This is a dead football club

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to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.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from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.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