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to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.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from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.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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What is it with that mob wanting People to “Go Home” all the time!!?
As for the three new bidders , who is it this time? Moe,Larry and Curly!!
You could-nae make it up!
McGuireCSC @TomTim67
Incubator OFF _/\__/\__________________
Retweeted by Celtic Stream
blantyretim on 8 May, 2012 at 17:57 said:
VP
does she work for Duff N Duffer?
——————————————————
If she did,I would have grown a beard by the
time negotiations were done,that would be a hell
of a long time considering it took me 20 yrs
to grow a see through tache.
jamiebaby on 8 May, 2012 at 17:46 said:
Vinny
What a great Birthday gift.
Jamie
……….
Aye Jamie, although it’s seems like everyday is a birthday Ha!
Where ye been?
Mrs BT cheating..
Ice cream n smarties…
only smarties have the answer…
Mingwall on FF encouraged the hate campaign on Miller,probably at the behest of TBK.
The three new bidders are Jabba, Young and Chris McLaughlin (he’s got to get one right)
ND, Kilmarnock, various other club chairmen, and MSM, all desperate to lift their skirts for BM – and for free. Only to be rejected in the cruelest fashion.
Life’s a bitch huh
Y’know,I truly believe that this time they are DEAD.
Mind you,I still have a stake,some garlic and a silver bullet just in case.
Three new bidders
moe , larry and curly
as reported by big mark
There can be absolutely no doubt whatsoever that D+P knew before yesterday’s SPL meeting, that Miller was pulling out. The SPL have effectively given them until the 30th to find a buyer
I know it’s an unfashionable view, and will tip the Celtic hardcore over the edge…but this Bill Miller incubator-plan could work.
Copyright Britany
Apparently the Thai Tims have been told no Celtic songs at schools, no Celtic tops. Apparently a parent has made a complaint to the director of education. Only in Glasgow!!
SNP getting ripped a new one over their ‘loaded’ independence question as well.
Carlsberg Tuesday!
No one likes us we don’t care.
What not even a tiny, tiny wee bit?
@ CelticResearch
hahahahahahahahahahahahahaha….oooooooooooo……..feck me ma sides have just burst
text from a r*ngers fan workmate
“this has just been a ploy buy the “real” money men to test the waters and see what the reaction to a newco would be”
hahahahahahahahahahahahahahaha……..thump !!!!
sh*te ma heed jist hit the flair
deluded wee diddies
Steinreignedsupreme
hhhhhhhhhhhhhhhhhaaaaaaaaaaaaaaaaaa !!!
iceberg, dead ahead !!!!!
:)
☼ ☼ ☼ ☼ ☼
Kirsty Gallacher is thoroughly enjoying herself this evening
I am convinced she can barely contain her laughter
So … Three bids … Miller P, Kennedy and ???
Is there a new deadline? Or an indicative timetable? Or just a big fat mess?
Well, according to STV, nobody should panic, as Duff & Phelps are now claiming tgat there are 3 bidders waiting in the wings. Shucks, crivvens, help ma boab.
To (mis)quote Miller, God speed, Rangers, to your eternal rest.
Lest we forget!!!
Alison Robbie @AlisonRobbie
It’s a clean sweep for #Celtic at Clydesdale Bank Awards. Neil Lennon manager of year, Charlie Mulgrew player & James Forrest young player
Bill Miller:
“i was duped.”
And
Fritz A. Grandold @fritzagrandold
Charlie Mulgrew has clean sweep of PFA, Celtic, Writers and Sponsors Player Of The Year awards. What an achievement.
Well played Charlie Bhoy..
I hear Ally has just gone out and bought himself a pair of those new exploding underpants.
I think the dj at celtic park on sunday should play a song for RFCIA
knock knock knocking on heavens door!!!!!!!!!!
From Celtic Underground twitter
Stewart Weir @sweirz
#Panic at #Rangers as ‘Yanks Go Home’ banner sees Edu, Bedoya and Bocanegra board flights for the USA. So does Kyle Lafferty who misread it
Okay after the short Celtic interlude back to laughing at the huns:
Paul McConville @Paulmcc12
@rangerstaxcase D+P now having a laugh. Any of new bidders has opportunity to conclude purchase by end of season! My aching sides!
Roger Hannah claims that D&P didn’t do their job! Anyone know of any Scuddish newspaper that criticised the deal to cut players wages against their resale value? My memory was that it was hailed as a triumph!
Ghuys
Miller time ended on Tuesday, I thought it would play out past this weekend. Quite incredibly Duff £ Phelps still milking it to get to the end of season,more money ( SPL place money) , more fees.
I can see no way that the SPL can allow Dignity to receive any prize money this year …. so Duff £ Phelps have now found another 3 bidders , beggars belief. The sooner the FTT hits the better and get this charade out the way.
Duff £ Phelps should be summoned to Hampden and given a dressing down for yesterday’s unprofessionalism and the opportunity to explain their timetable and current financial position.
Chillpillcfc
You can fool a bare all of the time…
BILL MILLER has announced that he has
withdrawn his offer for Rangers and
administrators Duff & Phelps have
announced that three other bidders are
in play.
David Whitehouse, joint administrator, said:
“We can confirm that Mr Bill Miller has
decided not to complete his purchase of
Rangers Football Club.
“Since Mr Miller was announced as
preferred bidder on Thursday of last week,
it is regrettable that more progress could
not be made to further the sale of the Club.
“We have been informed by his advisors
that there were a number of issues with
which he felt uncomfortable including legacy
contracts, the limitation of potential revenue
streams and the expectation of required
investment.
“As in any company takeover, the selection
of a preferred bidder does not guarantee
the completion of the sale. In this case, with
time and money for Rangers running out
quickly, it was essential to move the process
forward with urgency. Mr Miller’s bid was
deliverable to creditors and was the only
deliverable bid on the table at that time. We
had no other unconditional bid.
“Given the fact that Mr Miller did not enter
into an exclusivity agreement, we informed
all other known potential bidders at the
time the door was not closed.
“As a consequence of Mr Miller’s bid being
accepted, three other bidders have come
forward to express their interest in buying
the Club and these offers are being
evaluated with the utmost urgency.
“There is every opportunity for these
bidders to now complete the purchase of
the Club prior to the end of the season.”
3 new bidders confirmed as – Asda, Tesco and Sainsbury’s!
And Whytey sits on the sidelines, with his demonic smile, and awaits further developments….
Is it time for Celtic to come out and make a statement about all of this?
No. I thought not. I’m sure the folk on here who have been demanding action from our board over this farce will realise Celtic have in fact been doing the right thing by letting this joke continue without interruption.
The Celtic board is far from perfect but it is time to cut them some slack over this. We don’t need division or distraction. Just some patience.
I know its a bit premature, but… I really think they’re deader than a very dead thing
I can’t get the fat burd to stop singing
Who’s sorry now, who’s sorry now
Whose heart is achin’ for breakin’ each vow
Who’s sad and blue, who’s cryin’ noo
I can’t stop laughin bout you
Right to the end just like a friend
I tried to warn you somehow
You had your way, now you must pay
I’m glad that you’re sorry now
Ole Agent Miller doesn’t even need to return to base.
No Passport CSC
Please dont get me wrong. Their is no way back for Rangers FC. Newco we wait and see. Nobody is enjoying their freeze frame death more than me.
But……..
I want the whole F***** protection racket on a cold slab and I will not be removing the elastic band around the willy until we neuter their protection racket.
Once in a lifetime opportunitiy that I want to see delivered regardless of any blushing wee lassies virtue.
Job is far from over
HH
RH: you only need 10 or 11 mil and, OH I DONT KNOW, 5 mil to see out the season
hahahahahahaha!
SNYDE:John thinks that the bloo nites have ranjurz at their heart! That’s why they outbid Yosemite Sam then!