Ticketus, one of Rangers three major creditors, Craig Whyte and HM Revenue and Customs, being the others, have announced they will no longer work with the Blue Knights (or it is Blue Knight) consortium in an effort to buy Rangers.
Ticketus were crucial to Duff and Phelps hopes of being able to acquire Craig Whyte’s shares in Rangers. Although anyone who actually listened to Mr Whyte will know how unlikely this was, their withdrawal from the process formally brings an end to this fantasy.
Without Rangers shares, Duff and Phelps cannot sell the club. Mr Whyte also has security over Ibrox stadium, so they cannot sell the stadium either.
Some weeks ago suggestions were leaked to the media that Ticketus had agreed to forgive all but £10m of their debt. It was even suggested this figure would be repayable on easy terms. Now the company will take their place alongaspirationsside other creditors. In the event Rangers remain in business long enough to sell tickets for next season, revenue from the first (circa) 25,000 tickets sold for each game goes directly to Ticketus.
The charade is over.
Those hoping to see a club resembling Rangers form in the future have had months to secure a stadium, club licence, stadium, players, stadium, and commercial infrastructure. Instead they have stalled, chasing an unattainable CVA.
There is no time left, there will be no CVA and the chances of a phoenix next season is increasingly remote.
#OneteaminGlasgow,
There’s only one team in Glasgow.
One team in Glasgow,
There’s only one team in Glasgow.
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Celtic FC prove there really is only one real club in Glasgow
Charity Fund donates £25k to Mending Broken Hearts Appeal
By: Newsroom Staff on 27 Apr, 2012 14:45
CELTIC Charity Fund, the charitable arm of Celtic Football Club today announced that it has made a £25,000 donation to the British Heart Foundation.
The BHF was the principal beneficiary of the recent Celtic Charity Fund Sporting Dinner and the funds donated will go specifically towards the Foundation’s Mending Broken Hearts Appeal.
At the moment, there is no cure for a broken heart. Once the heart muscle is damaged by a heart attack, it can never fully recover. But there is hope. We need to spend £50m to fund groundbreaking research that could begin to literally ´mend broken hearts´ in as little as 10 years time.
Celtic has joined forces to support the BHF and this work can give hope to hundreds of thousands of people across the UK.
A spokesperson for the BHF said: “British Heart Foundation Scotland would like to thank the Celtic Charity Fund for the spectacular donation of £25,000 following the 2012 Annual Sporting Dinner in support of our Mending Broken Hearts Appeal.
“We rely on donations of time and money to continue our vital work, so this outstanding amount will help us to give hope to the thousands of Scots living with heart failure, many of whom live in Glasgow”.
Celtic Chief Executive Peter Lawwell added: “Celtic has always been more than a club and Celtic Charity Fund continues to make an important difference to the lives of so many.
“The British Heart Foundation appeal is one which we are delighted to support and we hope such funding will allow the charity to continue its excellent research work tackling a very important issue.”
I’m going for Monday too, seems a good time to pull the plug.
Bobby Murdoch CUW. 14.57
Your just like the wife,my birthday is your birthday.Can a man not have one day to himself.
RalphWaldoEllison-is Neil Lennon Season 2011-12 on 27 April, 2012 at 14:50 said:
Its rainy so much here in deepest darkest Warwickshire that the ducks on the Grand Union Canal are trying to get in the ol’ bhoat.
So disappointed to hear that Luther Pendragon is not a person and that Merlin conjured him up
traditionalist88
If I am being honest I will see this rolling on until the contracts revert back to their previous state for players.
I can see the 1st of June being D-Day.
Just in time for the jubilee weekend!
LB
Bobbyrussell- Boomtown Rats-I don’t like Mondays?
Fourgreenfields
haha. hope you were right;)
HH
JohnnyClash on 27 April, 2012 at 15:02 said:
so thats
1 – 3/4 = 1/4 – 1/2 = ?
still a lot of wage ya tax dodging git
RalphWaldoEllison-is Neil Lennon Season 2011-12 on 27 April, 2012 at 14:53 said:
Too true bud
“Far from it” says it all , the lack of remorse for the sorry mess they are in and the effect on anyone else is shameful, although not expected .
They say they are going to fight back ….”no surrender” attitude, well then they should expect no mercy, but that is what they ask for ….saying they are a special case etc …..they are a shambles
HH
JP
Gordon_J backing Neil Lennon on 27 April, 2012 at 14:57 said:
Thanks and yeah, how disappointing.
I imagined a black soul singer in full length velvet robes talking Q-Gaelic.
http://www.ligue1.com/ligue1
en France…
5 games to go
Montpellier currently 2 pts ahead
with a match tonight at 1800hrs GMT
Toulouse v Montpellier
top 2 teams run-in…
Montpellier Paris Saint-Germain
Week 34 Toulouse (a) Lille (a)
Week 35 Evian TG (h) Saint-Etienne (h)
Week 36 Rennes (a) Valenciennes (a)
Week 37 Lille (h) Rennes (h)
Week 38 Auxerre (a) Lorient (a)
traditionalist88
Can I extend my Huns expiry date ?
BobbyRussell – Oooh it gets dark
It gets lonely
On the other side from you… (thumbsup)
No obviously he doesn’t, well not acording to Mc Shagger
Phil MacGiollaBhain @Pmacgiollabhain Reply Retweet Favorite · Open
TBK and Brian Kennedy. I am hearing “disarray” and an apparent reluctance to stump up the £500k fee
Don’t worry bears. D+D will just set another ‘deadline’
STUPID HUNS
the demise will be formally announced 26th May just in time for the Erin go Bragh Dance in Beal Feirste
Tickets sold Out before you ask.
PHILVIS RETURNS 1454
I AGREE.
Under the circumstances it would be a miracle for him to have turned out otherwise.
He was a MARVELLOUS player at one time.
One of the scumbag bombers is to appeal!!!!!
Kennedy bought Stockport, used them to do up the stadium, transfered the stadium to Sale Sharks and then charged them to rent the stadium after he got rid of them.
BTW, The Blue Knights are not Jedi Knights, they are Sith without a doubt!!!
With Ticketus doing a Fernando, it is expected to be announced by D&P later today that the Blue Knights will have to compete with a new and surprise new bidder…The Baron Knights…:)
Keep the Faith!
Hail Hail!
Celtic_First on 27 April, 2012 at 14:34 said:
The Barça Mole
Great to see you posting.
Ask yourself this. You are a business man and run companies. If Rangers was one of your ventures, how would you get them out of their present predicament?
There is no answer. No one knows how to do it. Ergo, they are staring oblivion in the face. They don’t seem to like the look of oblivion very much.
A big manly hug and hail hail to you and the better looking members of your family………
S, thanks for the response, and V (the ‘slightly’ better looking half) appreciated the ‘compliment’ …… We might well be passing through Chester in June, if so, will give you a shout…..
Re ‘If Rangers was one of your ventures, how would you get them out of their present predicament?’……….
Most importantly, IMHO, it wouldn’t be a business decision (if I was that way inclined), much as buying shares in Celtic was never a business decision for US……. No, even though their (previous attempts at) flotations have not been supported from the ground up, there are surely still the ego driven types of the Whyte (sic) charger variety who may/will spend the mortgage money to see them survive. That is my fear…………. Business, no, for me, its not about business, more about perpetuating the supremacist myth. Yes, they may (eventually) go to the wall but only when the OO and their masonic cohorts breathe their last………Melodramatic, maybe, like I said just my take.
Whatever, my friend, take care and say hello to ‘I the driver’ when you next see him.
God Bless you and yours.
Regards & Hail Hail
TBM
Paul67,
So is this good or bad new for them?????
hahahahahah
I wonder who’ll be first to register® the name………
PaulBlueNoMoneyKnightMurray
Narrowboat Tim
Do they stilll have the Cropredy Festival?
Can`t someone tell Duff and Co that they could save lots of money for RFCIA by adopting a scheme which could help Rangers avoid paying out lots of money needlessly. There is a thing called an `Employees Benefit Trust`, which, instead of paying players big wages, they pay them a small wage, and then give them loans, big great huge massive loans which they tell them they`ll have to pay back nudge nudge wink wink. Do any of our other readers think this is a good plan?
Ally McCoist on internet lunatics
“why would you go on the internet to make comments like school-kids to annoy people”
What is whispering in someones ear Sally? in the interests of transparency just exactly what did you whisper
Away kit revealed. And It’s a massive no no no from me, looks like a Tennants billboard.
http://forum.celtictalk.org/uploads/f8be18923351dec02f581642724c0f96.png
jimphil70 on 27 April, 2012 at 15:05 said:
Cheers. Look forward to the back turning on 15 minutes on Sunday.
NOT a huddle
Fourgreefields
Don’t be cheeky. Naw, yer oot
My game, my rules. Have to be fair on the other contestants;)
HH
this is shoorly good news for the rangers. with ticketbus gone there will be even more money available for alisdair in the summer. we all kno fine well the sfa will overtip the decision to embarge them from buying haddies. they will be back even stronger next year and we wont have the excuse of a ten point deducement. we need to give lennon big money or we will be left in ther dust. no way our board will do that so whilst we are laughnig they will be quietly getting ready to start another 9 in a row. i feel sorry for alisdair becoz the stuff he said has been taken out of contecks. there is no way he wanted bams to go and find those loon balls who made that stupid desishun. no way alisdair wanted that he is an onurable man who doesnt get involved in underlegged dealnigs like that. people should no him by now and saying anythnig else just make you look like a paranoyd bampod.
hail hail
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS on 27 April, 2012 at 14:39 said:
THE BARCA MOLE 1426
Holes in their putrid flesh?
Ach,we’ll send ye some photies along wi a cybergrave for you to dance on…….
BMCUW……….. Cheers, will pick them up in person next time I am in Ayr(shire)….Good man you are………
Regards & Hail Hail
TBM
Philvis @ 15.07
I`m bushed if I can work out why you posted that.
Declan Is Neil Lennon 1888 Hates being 2nd on 27 April, 2012 at 15:13 said:
Declan huv you been drinkin’ ??
Guys from the Celtic Hub website
http://forum.rangersmedia.co.uk/index.php?showtopic=218298&st=40
These guys are delusional no wonder they are in such a mess
‘The Best Things in life are Free’ , sang ole Luther Pendragon.
It’s one of the discs Craig Whyte is taking to his desert island, to escape the mob of deranged vengeful Hillbillies.
For some reason an e-mail has been sent from me to all recipients in my e-mail add book, sorry about that, I must have clicked the wrong button, don’t know how, I just opened a mail from someone and it sent it out.
Sorry again.
Computers and me are like a fish and a pushbike.
FANADPATRIOT
I can understand you not wanting to share,if I’m honest.
I can be a bit like that myself now and again.
FFS,I’ve even got a tin of Quality Street in the bedroom,haha!
But when it comes to birthdays,it should ALWAYS be an occasion for everyone to enjoy,and keeping it to yourself is,I think,just selfish.
Bearing that in mind,you are ALL welcome to the birthday after next for me,cos I DON’T EFFIN’ WANT IT!
oglach,
oh my god that away strip, have we been hoodwinked and its us who have been taken over by the bloo nights?
starry pluogh – aye how
http://www.youtube.com/watch?v=h81Ojd3d2rY
I have mentioned the fat lady a few times of late and here she is doing backing vocals on a prophetic wee number….we hope!
HH