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to solicit an offer for the assets of the company and the only one they were in a position to consider has now been withdrawn.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from Rangers supporters and fans loud and clear (“Yank go home!”), I notified the administrators today that I have withdrawn my bid for Rangers”.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. If there was ever a reliable hunameter for measuring crisis amongst the Orcian horde then meltdown on the message boards is it…all their sites are down with a clear sign of mass panic!

  2. sparkleghirl on

    I still soooooo hope that Craig Whyte will one day declare himself to be an embittered Airdrie fan.

  3. Bill Miller sings:

     

     

    Show me the way to go home

     

    I’m tired and I wanna go to bed…………..

  4. SoccerReportExtra ‏ @BobbySoccerRep

     

    Bill Miller with history of turning round bad businesses passes on Rangers – a bit like being turned down by a hooker

     

    Retweeted by VagelisGeorgariou

     

     

    twitteeheehee

  5. donegalpaul on

    the three new bidders have been revealed its PAT MICK & THE IRISHMAN get it right u@ them

  6. What is the Stars on

    And still the silence from the Celtic board is deafening

     

    Betrayed again

     

    Forced to sit down the back of the bus and eat soup and tug our forelocks just like our fathers and forefathers and forelockers

     

     

    Sorry the above is meant to be sarcastic so please nobody take it serioulsy,though there must be some uber rebels out there who are convinced that the Celtic board are colluding and conspiring to keep Rangers alive

     

    Ernie ??

  7. SoccerReportExtra ‏ @BobbySoccerRep

     

    Bill Miller with history of turning round bad businesses passes on Rangers – a bit like being turned down by a hooker

     

    Retweeted by VagelisGeorgariou

     

     

    _______________________________________________

     

     

    Ok that made me drop my tea lol

  8. Saying that the fans don’t want him and that the numbers don’t stack up Mr Miller withdraws his bid. Didn’t take long for this not so silly American Billy to realise that for the average denizen of Ibrox, the only numbers that add up at all are ONE, SIX, NINE, ZERO.

  9. Sandman Is Neil Lennon on

    Neil Doncaster just been on BBC Scotland.

     

     

    Why on earth does he persevere with that decomposing ex-Ted, angry-lesbian-activist hairdo?

  10. Did Wild Bill have his incubator with him when he walked away? Come to think of it does he always walk around with his incubator- strapped to his back or on wheels like a pram?

  11. Highland Tim on

    Paul

     

    I have been stuck in meetings in Sheffield all day, so I missed this.

     

     

    I have known you for many years. You’re humour and wit has always made me smile. You have lightened up dark times. But until now you have never made me howl with laughter.!!!

     

     

    HH HT

  12. Loving the way the laptop loyal are trying to spin this.

     

     

    bye bye rangers…

  13. wonkyradar on 8 May, 2012 at 18:45 said:

     

    If there was ever a reliable hunameter for measuring crisis amongst the Orcian horde then meltdown on the message boards is it…all their sites are down with a clear sign of mass panic!

     

     

    MASS panic. Surely a typo.

  14. ernie lynch on

    What is the Stars on 8 May, 2012 at 18:46 said:

     

     

     

    ”there must be some uber rebels out there who are convinced that the Celtic board are colluding and conspiring to keep Rangers alive

     

    Ernie ??”

     

     

     

    I haven’t said anything even remotely close to that.

     

     

    You’ve either been unable to understand my posts or you’ve chosen to misrepresent them.

  15. archdeaconsbench on

    Sandman Is Neil Lennon on 8 May, 2012 at 18:49 said:

     

    !!!!!!!!!!!!!!!! lol!

  16. Tennessee Tim on 8 May, 2012 at 17:33 said:

     

     

    Has anyone seen Bill Miller and Tennessee Tim in the same room? Mmmmmm? Eh?

     

     

    Suspicion abounds . . . . . . .

     

     

    Curly (who is NOT buying les hun along with Mo and Larry cos as a good Teuchter I know the value of a pound, and ratners fc aren’t worht that much)

  17. FFS

     

     

    Bamber Gascoine on SSB

     

    NEWCO huns funding scottish business startups, money to clubs and percentages here and there to appease anyone

     

     

    Lie down ya clown !

  18. Stars – some of our less gruntled fellow travellers might not be enjoying the taste of the humble pie after the total over reaction and misreading the meaning of yesterdays events!

     

     

    Still they can always help the situation by refusing to give Celtic money ever again, just because………

  19. Auld Neil Lennon heid on

    Its hard to feel sorry for them, in fact it is impossible to feel sorry for them.

     

    Remember last season how in the run in clubs they struggled to beat before the split were well beaten?

     

    Now we know why, Operation Save Rangers in full swing?

     

    Remember how it felt losing to ICT knowing they would not drop points in the run in?

     

    If they are allowed back as Newco it will be more of that as club chairmen look at what result bests suits their business and they want mugs to pay to watch?

     

    Hunbelievable.

  20. Alex Thomson

     

     

    “You sound a little bit sceptical,” said C4

     

    News’ Krishnan Guru-Murthy to me last

     

    Thursday as I spoke to him live at Ibrox.

     

    Well yes, I predicted then that Bill Miller’s

     

    takeover was just the latest wild gesture

     

    from the artistes of despair currently known

     

    as Rangers FC administrators Duff and

     

    Phelps.

     

    After a bizarre day where press conference

     

    questions were banned and administrator

     

    Paul Clark walked out of my interview

     

    because he’d said they’d only done “some”

     

    due diligence on Bill Miller. I had expected

     

    more than “some” after the previous

     

    takeover fiascos at this club – and he

     

    realised it too late.

     

    When those desperate to flog the financially-

     

    toxic club don’t mention by name any of the

     

    key creditors and shareholders, as they did

     

    not in their statement, you can feel the deal

     

    crashing all around you.

     

    All the while one key shareholder telling me

     

    this was going nowhere, that he’d been shut

     

    out – that other new deals out of sight

     

    would soon shove this nonsense aside.

     

    Then Bill Miller openly abusing Craig Whyte

     

    from the US. Hardly tactically astute when

     

    Mr Whyte enjoys major shareholder status

     

    whatever your plan. Craig Whyte knew it,

     

    saw it, read it, failed to see the funny side

     

    dontcha know?

     

    To cap it all a Glasgow tabloid then

     

    deciding the really smart thing is to start

     

    raking up the muck over Bill Miller’s marital

     

    situation, divorce and remarriage – would

     

    you want to come to Glasgow and spend

     

    millions? This – ladies and gentlemen – is

     

    just not how they do things among the

     

    country club set in Tennessee, nor Florida

     

    where Mr Miller has retired. Own goal –

     

    major own goal.

     

    We don’t know how genuine the fans’

     

    animosity was and I’ve yet to talk to Mr

     

    Miller but he at least says it was a major

     

    factor as well. And since so many RFC fans

     

    want demotion several divisions – though

     

    for various reasons – not the Miller Shiny

     

    Happy Rangers People, who can blame the

     

    guy?

     

    Then there’s the taxman, for whom all this

     

    Newco/Oldco shenanigans will go down like

     

    a cup of proverbial. They were never

     

    brought in, never fully consulted and

     

    resented what appeared to be the

     

    administrators briefing anybody daft enough

     

    tio listen, that they had been consulted. I

     

    mean, why brief the media that the taxman

     

    had been a part of this then make no

     

    mention of the taxman in your public

     

    statement. Omnishambolic.

     

    Neil Doncaster, the Scottish Premier League

     

    boss, has just been on to reassure me that

     

    it makes no difference to their 30 May

     

    meeting – postponed from yesterday – to

     

    deal with penalties for clubs who can’t

     

    manage their cash. He seemed pretty

     

    relieved frankly – at least one storm that it

     

    was all about shoehorning Bill Miller’s new

     

    Rangers back into Premier League football

     

    can blow itself out.

     

    There’ll be plenty more, as he’d be first to

     

    acknowledge.

  21. Once A Bhoy..... on

    Paul67……get the tanks oot quick!!

     

     

    I would like to thank you for a quality blog. Around 7/8yrs ago I first came across this site and it has been educational, entertaining and the charity work by members truly inspiring.

     

     

    I have been warning taxdodger’s fans for most of that time they were on the road to ruin citing the info from this site and latterly, RTC & Phil only to be told we don’t care as long as we are winning trophies.

     

     

    Well they care now. Oh and the trophies will soon disappear as well.

     

     

    Now I feel vindicated. Given the work you have put in I would imagine that is multiplied 1000 fold on your part. You have known all along you were right….now the world knows.

     

     

    Hail Hail.

  22. Mr X loves having a "fly kick" on

    The length time over which this huns death is being played out may now be boring to some people but not me. Nope.

     

     

    Loving it. Loving it I tell ‘ye.

     

     

    The slow, painful, agonising demise for their evil support is palpable. And utterly, utterly wonderful.

     

     

    I just can’t get enough.

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