This is a dead football club

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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to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.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from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.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. 3 little bids

     

     

    Don’t worry bout a thing cause every little thing is Gonnae be alright.

     

    Rise up this morning, there in the rising sun, 3 little bids beside my doorstep, singing sweet songs of melody pure and true this is my fable to you.

     

    Don’t worry…..

  2. corrib04 is Neil Lennon on

    P67,

     

    It not a ‘…dead football club’, its merely …. resting?

  3. Just received an email from a “Harry Baum” … no joke – gave me a chuckle

  4. 'crushed nuts?' 'Naw, Layringitis!' on

    Ally walkin’ away like he’s got a cooking apple up his erse!

  5. Does this maen The Pars will not be relegated as Satan F.C. goes up in a puff of smoke?

  6. borderlandbhoy on

    i can remember when celtic were invited to play preseason in america, was it by sport world? not sure, but der hun took the hump asking why they were’nt invited, surely we would enhance the series, we are massive in yur cuntree, etc

     

     

    they were told in no uncertain terms that the “r*ngers” brand could not be sold in north america, sports fans across the pond dont do racism and bigotry.

     

     

    think mr.miller has just experienced this first hand

     

     

    hh

  7. 'crushed nuts?' 'Naw, Layringitis!' on

    Objects in the rear view mirror appear closer than they are!

  8. A song for all of you enjoying today:

     

     

    Oh what a beuatiful morning

     

    oh what a beautiful day

     

    I’ve got a beutiful feeling

     

    The YANKEE is walking away!!!!!!!!!

  9. Jobo Baldie on

    Good evening friends from (it’s gonna be a ) a bright (bright), bright (bright) sunshiney EK!

  10. Stairheedrammy on

    So wild Bill Towtruck does walking away and we get to watch them try to turn shite into gold, yet again. rANGERs- the gift that keeps giving

  11. ‘By late Monday night, it

     

    became clear to me that

     

    preliminary information,

     

    discussions and analysis

     

    were, unfortunately, more

     

    optimistic than reality.

     

     

    That is what happens when you read the Daily Record!

  12. So after Saturday’s double page spread in the Record, about Bill’s supermodel wife will tomorrows exclusive reveal she’s a bad cook, terrible in bed, terrible driver,or simply just had a sex change

  13. Brian McNally ‏ @McNallyMirror

     

    White adds BM aide said emails were “full of disgusting language which have disgusted Bill Miller to the point he feels enough is enough“

     

     

    Stupid Huns

  14. Oh dear, Miller has withdrawn his bid? Dear oh dear.

     

     

    A Celtic ‘minded’ chap I know (he is not a supporter as such but wishes us well) keeps asking me, every time there is a new bidder (in fact he has been asking me since Whyte took over) ‘what’s the story? are they saved?’ and I have ever increasingly answered him – it’s all Bull plop, give it a week or two and you’ll see.

     

     

    And I have been right every time. We have been right every time. When this all broke (them owing mega sums and being bust) we all thought they would get away with it. Our experiences, our so called paranoia (which turned out just to be excellent perception) led us to conclude that they would fall in the Clyde and come out with a Salmon in their pocket.

     

     

    But as time has gone on, as they have lurched from farce to farce, crisis to crisis and back again, made up story to made up story, excuse to excuse and on and on and on some of us, most of us have started to get past the belief that they are untouchable for one reason: the cold hard facts.

     

     

    HMRC

     

    EBT

     

    Dual Contracts

     

    Craig Whyte

     

     

    They cannot get around any of them, no matter how the MSM try and set the agenda, or their pals in high(ish) places try and get them off the hook.

     

     

    Bye Bye Rangers.

     

     

    And get this FACT straight fholks:

     

     

    Newco is not the Rangers that we have suffered for 140 years. A simple FACT that no one can get round. But if Newco starts to look and smell like Oldco then it will inevitably draw the attention of Oldco’s biggest problem – HMRC. It already has the attention (even though it does not exist) of another fly in it’s future ointment – UEFA FFP rules.

     

     

    Oldco are gone, Newco are jiggered before they get going.

     

     

    Enjoy the show.

  15. You cannot get a pssport in the U.S. ” in a matter of days…..”

     

    You can,however,be scunnered by bigots.

  16. With that absurd meeting yesterday which was delayed again,..I knew that was the last chance they had to somehow pull that horrible club out of the fire…I had a horrible feeling that something was afoot.Maybe that sfa are in on it (yet again)…Absolute terror filled me.

     

     

    With todays developments, we can’t quite yet celebrate the death of a cultural cancer.However it ain’t gonna stop me smiling now,….they have drew theyre final breath….This is as clear as it gets now….

     

     

    Its just about done.

  17. 'crushed nuts?' 'Naw, Layringitis!' on

    SNYDE: Chris: any of the three bidders got links to Craig Whyte?

     

    RH: He’s looked at the books, and thought this doesn’t do me!

     

    JD: Preliminary information was more optimistic than reality (some bassa telt a pack o’ lies!)

     

    RH: Bill Miller had no intention of dealing with CW, you need to try and get agreement with Ticketus, he didn’t send someone to engage with the support.

  18. has anyone posted the Belfast Telegraph story on James McClean receiving hate mail for choosing the Republic over the Sick Counties?

     

     

    The class just oozes out of these people!

  19. borderlandbhoy on

    ah really feel for ally, ah mean he looked that happy when duff & duffer announced they had a prefered bidder, fair booncy on the touchline, big smile on his chops and now a thunder bolt from the blue, chin up ally !!!

     

     

     

     

     

     

     

     

     

    BAHH HAHAHAHAHAHAHAHAHAHAHHAHAHAHAHHAHAHAHAHAHHAHAHAHAHHAHAHAHAHHAHAHAHAHHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHHA

  20. This made me laugh. From the BBC story on Miller withdrawing his bid:

     

     

    ‘after receiving fresh information on the SERIOUSNESS of Rangers finances’

     

     

    thank God for due diligence! Or was he just pointed in the direction of CQN??

  21. Auld Neil Lennon heid on

    Paul

     

    Mjrvjebujpo is the word beyond liquidation, one letter beyond.

     

     

    Pity it is unpronounceable.

     

     

    Auldheidnothingelsetodo.

  22. Minx1888

     

    I understand three bidders will be Farmfoods, Nisa and Iceland

     

    GentrificationStillaWaysAwayCSC

  23. bournesouprecipe on 8 May, 2012 at 18:23 said:

     

    Kyle Lafferty not seen at Ibrokes since he apparently misread the go home banner.

     

    =======================

     

     

    That deserves a Laugh Out Loud!!!!

  24. I would like to be the first to congratulate Dundee on their promotion to the SPL.

     

     

    HH

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