Rangers Banter Archive May 03 2012

03 May 2012 23:19:28
yes and if you read it all,that they dont need a cva to continue,"the cva at some later date,some months not days or weeks",to me that means they will send out the season ticket renewals now and we will all pay for them and then once they have all the money then they will tell us they had to liquidate the old company, i for one think that it stinkswhat does everyone else think as our history will be GONE WATP

To remove CW from the situation the newco has to start as getting rid of the rat will take months. CheltBlue

A cva will only take a few weeks for the simple reason that the cva pot will go down the longer it takes to reach agreement.

If hmrc cut a deal soon they will at least get a few million if they drag it out they will get nothing.

The oldco Rangers company will just be shell with no assets so whats the point of trying to chase it around for money it does not have?, it will only cost them money to do so.

It will be a face saving exercise now where Rangers admit some liabilty for the use of ebts and get a cva in return the paye/vat will be paid back over a number of years everyone is happy, apart for the Celtic fans.

03 May 2012 22:57:53
In two minds over the Bill Miller bid - I am desperate for my club to be saved but have severe question marks over this Mr Miller. Why is he buying Rangers? What is there to stop him taking over the club as a Newco then selling playing assets in the summer making a good few million then pulling out the CVA deal and saying sorry folks a cant help you. We have to scrutinise and watch this guy like a hawk like we all failed to do with Craig Whyte.

Gers1986

In internet parliance, I think that's considered "Concern Trolling".
;)

Concern Trolling?

You gotta ask what's in it for him

@3. Profit? CheltBlue

03 May 2012 22:41:19
Ed what happens to the people who have shares in the club? {Ed001's Note - do you know what, I don't know sorry. I had completely forgotten about that, I will try and find time to read up on it.}

03 May 2012 22:15:56
So that's hooper on 24, stokeys on 21 not bad for a striking partnership so how have you lot got on with your strikers this season?? Ha ha !

If you could tell me how many strikers we have that played the same amount of games as those two id like to know smart arse

Your so called barca style football has bought you 6 more league goals than a team that has had no striker for 5 months. Well done great attacking. NOT.

What 24 stone and 21 stone outragious no more pies for them ps a scale only goes up to 20 stone next thing youl be signing tam cowan doug

Lol,one walked away after he thought league was won,another injured himself by diving into a tackle seekin revenge,another barred for not toeing the line,another still learning to play his imaginery flute..the little one learning from the best player rfc have aluko,who will get a well deserved move,after paying his own way!

What u talking about fat sally aye! Lol

At least he,s got a decent set of knashers lol doug

03 May 2012 21:49:18
If Miller goes ahead with a newco does that mean that the newco will have the rights to the shops and franchise etc...

03 May 2012 21:37:08
To everyone who is doubting edu - this guy is one of the most athletic guys in our team. a key aspect of a footballers game nowadays.

The guy has scored several vital goals and set up another. on his day he can be really effective.

his loyalty cannot be questioned, even before taking a %50-%75 wage cut.

With our impending new owner being american and us having several american players - one being edu - this guy could be key to our recovery and marketing strategy especially in the US.

get behind your players

I've seen the ghost in my loft more than we seen mo edu in the last old firm game, no wonder Davis had been struggling at tines this season playing alongside that lump of wood, edu is stinking. End of.

Any excuse to prevent critisism of the "blue eyed boy" Davis!! I would rather have Edu as part of a 3 man midfield with Ness and McCabe next season than Davis. Far too many fans let Davis off with poor performances because he's a "die hard"....well i can say with some confidence that as soon as the transfer window opens he'll be one of the first to go. Edu offers more of a physical presence than Davis and does the dirty work well IMO. If Davis isn't interested it's evident, if Edu's struggling at least he bursts his arse for the team. Same can't be said about Davis.
J1985

03 May 2012 21:41:16
Some good comments here in support of BM. You have to admire the man, there's a myriad of problems still to be resolved with the club, SFA, SPL, CW, HMRC etc, it says something, I think, that he is even prepared to take it on.

Surely that depends on his motives?.........green jhedi

03 May 2012 21:03:10
Seen some numbers being banded around regarding bill miller's wealth or lack their of, most quoting around £25m mark.
Looking around on the net his company miller industries had a turnover of $412m which is about %35 increased growth on last year.
Miller Industries is currently valued around $150m and seems they have no debt to speak of.
With Bill Miller being the major shareholder i would imagine his wealth to be much higher than quoted (no expert though).
Obviously he's not just going to plough this into Rangers and he stated himself we will live within our means but at least he has the kind of dosh it's going to take to nurse the club through until we are on an even keel.
Just a wee bit of info on the new chairman in waiting...

03 May 2012 19:58:13
Evening ed could you put this on please . Green jehdi had a bit of banter with you a few times was just wanting your thought about bill miller being announced prefered bidder cheers ... Kenny bluenose

03 May 2012 19:13:31
Listen guys I think we all have concerns that Miller is another whyte, god forbid.

However he is the only one that has stuck about, he is the only one that has deposited £500k, he has told us for some time what his plans are, and whilst not ideal, the fact is that he is going to be the one to take us forward.

We have to support him because frankly there is no other option. I for one will renew my ticket this year providing whyte is not there in any shape or form.

The concern is that he is a business man and has no love for us, probably never seen us play, but the fact that we have several Americans that play for us and the new owner is American it might well make us more attractive to the vast
USA market, if there is money to be made he will surely know the market.

Let's get behind him and give him a chance.

So when the incubated company is through it's CVA and is healthy....who owns that? Whyte does.Miller is only taking Whytes assets and using them while the other compnay is sorted out with the CVA.

03 May 2012 19:07:39
Fellow bears first and foremost let's give this guy a chance. let's see what he has to offer and take it from there. Let's face it things cannot get any worse. Unlike the other interested parties this guy has went about his business behind the scenes and I'm sure he will not walk in to this blind.

As for the incubator company and people dismissing this idea. Is this not in the same mould as the banks in this country and there toxic assets being put aside? I stand to be corrected by some more knowledgable posters on this subject. Also by doing this I believe this leaves mr craig why're out of the equation as technically rangers as we know it is his and the newco can take the reigns hassle free and sort us out.

Again let's get behind mr miller and give him our full backing and together emerge from this mess and have another successful 140 years.

WATP and Rangers will never die!!!!

You don't have a clue mate. Whyte out of it he still holds the keys to Ibrox and Murry park. As for ticket us think they will be back soon.

Given the statements from HMRC , duff and phelps and both the SFA and the Spl , somebody is telling porkies

Ticketus will be part of the CVA

ryanrfc

03 May 2012 18:51:44
D&P lie again, they said in today's noon statement that Bill Miller had assurances from SPL that there will be no more sanctions, SPL statement later in the day says not so! D&P also say in same statement that HMRC have been approached regards a CVA, HMRC statement later in the day say no approach! D&P are constantly telling lies, I hope I am wrong but I have a very bad feeling about all this!

SounessesThighs

He will walk after due diligence.

Is it not possible that HMRC and SPL are the liars?

@2: try phoning HMRC tomorrow and tell them they've lied about your tax lol Seriously, though, why would they lie?

There you go again everybody else is telling lie,s we will have to wait an see.garlar07

They said "we beleive he has assurances"
they didnt say he had assurances

ryanrfc

I did phone them end of last year and they told me it was up to date then they accused my accountant of filling my tax return in wrong then they admitted they were in a bit of a mess anyone want their edinburgh phone number ? doug

03 May 2012 18:31:10
Paul Murray surprised he and the BK's were not name preferred bidder!
Does he not know the highest bidder usually wins... Money Talks... Bull**** walks!
Lets hope Bill Millers plan works... :-/
Blu Dru

03 May 2012 18:11:42
When Rangers FC is liquidated ie 'the oldco' and I firmly believe it will be. Then the history gets liquidated along with it

Any new co that doesn't amalgamate with the old co ( as its now defunct) is effectively just that- a brand new company. No history, nada, starting from scratch

Are we all clear now?

Mojo

Everyone is clear except you mate, your talking complete bull!

Mojo you sound like you know what your talking about, but I've got a feeling you havnt a clue, fo you have any GCSEs? I very much doubt it.

Mojo do you not listen maybe you can't read it's been all over the tv their is no liquidation think a will go with the experts that no what their talking about not some daft timmy that wants to see rangers 1872 dead ... Kenny bluenose watp

If he went to school in Scotland, he definitely won't have any GCSEs.

I have a degree and I don't have any GCSEs - how does that work? Maybe it's because I completed all of my education in Scotland...

1903

03 May 2012 17:32:35
is there something im missing but isnt craig whyte still the owner ? said he wont leave until he gets a pay off ? so all this hes the new bidder in wait is all just spon fed jobbies ? because until whyte says ill go then you are still in the same trouble ?also dont understand how there was a 'protest' about miller....the blue knights had there chance & tried to grab a bargin & failed.

hey hoe to a the 'newco' bye bye rangers,

lenny

Lenny apparently you can put a anything online and say you aren't the author so you are lucky it's not a cheeky reply. Has to the most pathetic defence ever.

Still no answer to the question tho ? This is as bad as big eck at the levison enquirey

Lenny

03 May 2012 17:13:04
That's it rangers no more finished Tell you this that's me finished to 25 years season ticket holder followed them everywhere. Go on Saturday to say my goodbyes to the famous Glasgow rangers and the great supporters I will not step back inside ibrox with this man in charge he's going to strip everything down from trophies to paintings. American owner my eye. Been better going with Murray and Kennedy real rangers man god bless them

Since when has Kennedy been a Rangers man?

Don,t go back then.we,re in the sh*t and nobody has came forward not even a concrete bid from the blue knights if miller takes us on when no one else will we have got to give him a chance coz where we are at this moment in time is at deaths door.do you think mccoist and jardine will spin us along ?no so at least we,ve got to trust them.oh and by the way i would have rather had tbk on board. airdrie bear

It has been left to a yank to rescue or attempt to rescue Glasgow Rangers. A small sum from each "supporter" and the club would have been saved. When your club needed you "walked away". No doubt you will all come flooding back if the glory days return. Same on you!

Same on you too.

Its spelled SHAME and i went to school in scotland doug

03 May 2012 17:06:19
I will be shocked if rangers are a force in next 3 years, it will be at least 5 before gers challenge again, long road back.

03 May 2012 15:54:52
Far too many "what ifs","this will happen","I read this", when FACT is this ..... NOBODY KNOWS A THING ABOUT ANYTHING!! Its all just speculation.What's worst that can happen, LIQUIDATION ?? We all expected that anyway so every day now is a Brucy Bonus. Get a grip and give the guy a chance !! SkiptheTON

We gave Craig whyte a chance and look what happened, this is not the time to take a chance, we don't want to be in the sane position again 2 years down the line.

I agree not my preferred choice but will give him a chance not going to listen to all the other doom and gloom about the newco crap if the blue knights had got it all u would have heard is they don't have the money liquidation is on the way we will live on WATP

03 May 2012 16:12:40
Bill Miller days we need to live within our means, ed do you think that means selling anyone who is on a certain amount of money a week? I feel mcshagger, Whittker, Davis, naismith, lafferty are all gone in summer, what do you think ed? {Ed001's Note - that depends, there will be an overall wage cap, if they can keep within that, then those players will stay. It is likely that at least some of them will have to make way though.}

03 May 2012 15:47:58
Two points...

Can people stop going on about Miller being no good because he has no emotional ties o the Club. That is just stupid, naive and short minded in the extreme. Look at the mess we're in because of the last "fan boy" with a cheque book who owned us!!

Ths club needs someone to manage it first ad foremost as a business. So STOP this crap about him not having emotional ties to the Club.

Did Abramovich have "emotional ties" to Chelsea?...the Saudis who own Man City?...

I may personally still have some suspicions but those are probably borne out of the trust which has been shattered by CW's calamitous reign over the past year. So we must UNITE and get being Miler....cause he was the only one willing to get behind us!

SPM

Very true,and again right on the money.......green jhedi

No but Abramovich and the Saudis have money to gift to their clubs. Owning a football club is a hobby for them. They can withstand huge losses without endangering their clubs, unless they withdraw their patronage. In addition the cash involved in the EPL is on a different scale to that in Scotland and it could soon get a lot worse. Miller is not in this league and I believe Rangers fans have every rightto be suspicious of his motives.

Your logic does not follow. BM is making a business decision, based on who knows what.

By all means get behind the team on the terraces but project any hero status onto BM until you have seen him perform.

03 May 2012 14:47:08
Bill Miller Statement

BILL MILLER says he is honoured to have been given the chance to buy Rangers after being announced as the club's preferred bidder today.
Miller said: "It is a great honour and privilege to have the opportunity to buy Rangers Football Club.
"I respect the club as one of the world's great sporting institutions and one of the UK's most venerable football clubs.
"What Rangers, which includes supporters, players, staff and anyone with the club at heart, have been put through, particularly in recent months, is a travesty and from what I can see they have been badly let down by a number of individuals.
"This will not happen on my watch should I become the custodian of this great club.
"Under my stewardship, Rangers will be managed with fiscal discipline such that the club not only conforms to UEFA Financial Fair Play regulations but also such that Rangers will never have to suffer this kind of anguish again. From now on, Rangers will live within its means - no excuses.
"I have fought hard to try and offer Rangers a fresh start and I hope all Rangers fans will continue to rally round the club as we endeavour to leave behind this distressing chapter in the club's history.
"Finally, and perhaps most importantly, we have worked hard to ensure that there is no loss of history, no loss of tradition and no liquidation of Rangers Football Club. I wouldn't have it any other way."

03 May 2012 14:52:36
BILL MILLER says he is honoured to have been given the chance to buy Rangers after being announced as the club's preferred bidder today.

Miller said: "It is a great honour and privilege to have the opportunity to buy Rangers Football Club.

"I respect the club as one of the world's great sporting institutions and one of the UK's most venerable football clubs.

"What Rangers, which includes supporters, players, staff and anyone with the club at heart, have been put through, particularly in recent months, is a travesty and from what I can see they have been badly let down by a number of individuals.

"This will not happen on my watch should I become the custodian of this great club.

"Under my stewardship, Rangers will be managed with fiscal discipline such that the club not only conforms to UEFA Financial Fair Play regulations but also such that Rangers will never have to suffer this kind of anguish again. From now on, Rangers will live within its means - no excuses.

"I have fought hard to try and offer Rangers a fresh start and I hope all Rangers fans will continue to rally round the club as we endeavour to leave behind this distressing chapter in the club's history.

"Finally, and perhaps most importantly, we have worked hard to ensure that there is no loss of history, no loss of tradition and no liquidation of Rangers Football Club. I wouldn't have it any other way."

"Should i become custodian" Expecting to find a problem Bill.Or are you saying what whyte tells you?

03 May 2012 14:44:20
bill millers statement no liquadation,people have let this great club down and it wont happen in my watch again,we will comply to fifa fair play regulations and live within our means that is the jist of what he is saying,happy with the words hope he puts them into play

03 May 2012 14:33:53
How is 11.2M anywhere near enough?

It's not even as much as Tore Andre Flo cost.

No seriously I cant understand how that will be enough to save us and how and if he plans to put more money in to us in the future. Also he wont make money out of owning Rangers so I want to know why hes interested in buying us.

03 May 2012 14:14:43
Can the creditors (HMRC, Ticketus etc) not block the purchase/transfer of assets from the Oldco to the Newco if they feel it does not meet their valuation? So a CVA is required before the assets can be transferred is it not?

If it was that easy wouldn't we be hearing about this sort of thing all the time with loads of different companies? {Ed022's Note - Is this rhetorical or aimed at me?}

@ed022 - I was hoping we could all join in.

The answer is yes, HMRC in particular has to agree to the sale of what will be the majority of the assets. {Ed022's Note - No worries.}

D&P before Lord Hodge tomorrow morning........obvious time for creditors to raise issues if they have any! I think they have all given up because they know that we rule football in Scotland and they want us more than we need them.........losers!

@2: that's the spirit, we don't care about those we owe money. Stuff them, eh? Get a life, you selfish person.

03 May 2012 14:05:30
BBC
Now, the "incubator" idea would leave an "old company" saddled with the club's debts and aiming to deal with its creditors via a Creditors Voluntary Arrangement [CVA].

Administrator Paul Clark explained that the two entities would later reunite, saying he thought it was an "entirely workable strategy".

--

OK, so not really any liquidation then. Clever idea. But as oldco would be worth nothing [1] after the CVA, liquidation of "oldco" would have achieved the same thing for creditors.

[1] Other than the snag that its shares will still be owned by CW who colud hold them as ransom for some kind of payback. Which he will likely get as BM is a friend of a friend. So maybe a million or two left in oldco to fund that. Very clever.

03 May 2012 13:47:10
Just where is Craig Whyte when all this is going on?

Is he on the way to becoming a past tense?

One of the most confusing situations in football.

Under BM's plan, CW's "oldco" will not be liquidated but will offer a CVA. It could well be worth something even after the CVA. So when oldco and newco merge, CW will sell his shares to newco.

Now do you see how BM, CW and D&P have organised all of this? (Yes, I do think BM is a kind of stooge in all of this).

To poster 1, if that's the case then it's turning into a Russian doll stooge-fest with SDM to Whyte to Miller.

03 May 2012 13:43:39
What is the difference between
Craig Whyte and Bill Miller?...
About 12 Months.....
hail hail Timalloy

As long as that? Alas I fear the worst too. This is not the end.

Know your history Timmalloy, it is not that much different to what Fergus done in 1994.

Was totally different ya fool. Fergus paid the full debt in order to take a 51% share of the club. The debt wasn't as unserviceable as Rangers. And before you say "Oh, you changed your name, well, in our case, when you float a company, you have to so that's a name change that's 'allowed'. Now, quit comparing your club's finances to ours. The simple case is that we're not, and have never ever been anywahere near this kind of mess.

@ 3 load of b****cks mate, both teams were on the brink, both required a saviour. your lot had to move to a public limited co from a private institution run by the kelly/white dynasties regarding the shares.Newco will do the same and can still keep history etc. Oldco will try and service the debt. Debt is still debt.

03 May 2012 13:35:42
Okay so duff and duffer have decided its Miller time, lets hope things dont get any worse. Just read over Millers statement from a few weeks ago and theres a bit where he says that he will create an incubator club with duff and duffer continuing to be on the pay roll to try and get a cva so they are still bleeding us dry

One big money-go-round, for those who haven't yet figured. All at creditors' expense.

03 May 2012 13:07:28
Can anyone please explain this to me. Miller setting up newco an transferring the assets of old co over? It is still a new company therefore how on earth will the history and all the records go if going forward with a newco? The new company will not have had any honours surely? I just can't get my head round it

The newco club will contain the heart of the club which is its SPL Share, Assets, Titles, Records, Trophies etc.

It is the same as what happened at Leeds, Plymouth, Crystal Palace and Fiorentina. The toxic debt dies with the old skeleton form club, however the transferred assets live on.

Leeds Utd are considered by the Football League AND more importantly UEFA to have not had a break in their history. This was in the Herald this morning

Celtic did exactly the same thing in 1994 when they changed from Celtic Athletic to the newco Celtic FC Plc.

Tell me something how many trophies have Rangers plc 1889 won?

Er none Rangers football club is the one with the histrory not the parent company.

@2; Again with this rubbish.get your facts right.........green jhedi

@2: what Celtic did was nothing like what miller has in mind. There was no newco involved in 1994.

1903

What does is all matter the main thing is f all the snipers and the gers carry on playing football ,the ones that want to stay away from newco do it cos you wont be missed yous probably werent there pre souness anyway doug

The people disagreeing with my earlier post obviously know nothing about what they are disagreeing with.

1903

As a rangers fan i agree with gj this is totaly different BIG D

I disagree with everything you say 1903, it makes me happy.

Ha ha - do those disagreeing care to explain why they think Celtic was a newco or are they too scared to look like fools when they are inevitable corrected?

1903

@9: I'm glad I'm bringing some happiness into your wee life, nameless one. Still doesn't alter the fact that McCann didn't launch a newco in 1994.

1903

I think your all missing the point i dont think hes saying celtic started as a newco. rather that rangers are not either ! how can you say its a newco when oldco still around agreeing to a cva then merge again? no newco then mark.

03 May 2012 12:39:28
Protest protest ibrox the nyt come on 6pm until they listen to fan power 12th man lets be the 12th man the nyt this bill miller is another Craig whyte we can't let the same again happen come on please all fellow bears get to ibrox the nyt 6pm and lets protest let them hear our voices

When will you people realise that Bill Miller was the only real bidder we had. There is no way of getting rangers out of this mess via a CVA as craig whyte will not give up his shares unless he gets a massive payout which TBK's and Miller have said they will not give him. This means a CVA cannot even be started so its doomed from the start.

Newco is the ONLY way forward. And that is not Bill Millers fault

Go away loser....

How can anyone at this stage say he is another Whyte, bottom line is nobody else putting up cash[BK all talk] so for god's sake wait and see what happens, the idea of protesting is so stupid, do you want to chase THE ONLY HOPE we have.

03 May 2012 13:14:22
Why is everyone slating Bill Miller? FFS the club is slipping into oblivion and TBK have had plenty of chances to come up with the goods which they have not done.

Give this guy a chance, we need someone on board with a plan to try and rescue the club so lets get behind the guy, continue to support the club and give what we can. If we all stick together then I'm sure we can get through this, it will be tough but we can pull through.

The Pilot!

Good shout pilot , I'll support anyone aslong as they don't do the big L word to us, but I'm just not sure mate !
PaulRFC

Its better to have somebody than nobody at all theres no pleasing some fans at ibrox ,i listen to some who sit behind me in the govan front victor meldrew hasnt a look in with some of them if they dont like it f off back to their house get their binoculars and go plane spotting on the middle of the runway at glasgow airport doug

Agreed. TBK may yet end up with something but they never did have the financial commitment to buy the club, only to manage the CVA which D&P can do anyway after sale of club to newco. BM's offer is really the only one on the table, but I don't trust he's doing this for any other reason than to make a quick return somehow.

McWulf

Well that big bad L word is whats happening no matter what dross,spin,tripe yous are fed..when rfc plc goes into the big L TURN THE LIGHTS OFF ON WAY OUT PAUL,,,STEVO

Stevo, do you have a stammer?

@5: he obviously has a stauner about the prospect of Rangers going out of business.

1903

03 May 2012 12:38:28
As the old saying goes, �Once bitten, twice shy�.
I�m a Celtic fan, and honest one at that so I won�t hold back on what I�m going to say here. I wouldn�t expect Rangers fans to hold back either.
Rangers are toast! Bill Miller, although being the only person who had enough cash to even put in anything near a decent offer for your club, has in his eyes made a business deal, pure and simple. He has no emotional attachment to the club, he wants to asset strip it and change the name, history and risk losing thousands of supporters in the process.
Look guys, I don�t want Rangers to die. Yes, I am enjoying the hard time you�re getting at the moment but that�s what being a supporter of the Old Firm is all about. I now worry for the future integrity of Rangers.
The support for Rangers will never die, that�s for sure. One thing I feel is happening though is that this �Newco� Rangers will not have anything near the attraction and prestige that the current team has in term of it�s history and I will be sad if that goes because in a funny way, Rangers are part of my history and I suppose vice versa. That what happens when you�re rivals. You�re always measured by the other side and it�s been going on for years.

If he does liquidate or �incubate� the club then that will be a shame, and contrary to what some Rangers fans say on here, the rivalry will be different once your timeline has broken. Celtic learned 20 years ago the importance of the business side of the game and had to live with Ranger�s dominance for a number of years before getting back to the good stuff.
Rangers, in whatever form they are, will win titles again but would you rather do by wriggling in and out of all the rules, or by biting the bullet and going to the 3rd Division.
Honestly, if it was my team? I�d go to the third.

What I�m trying to say to you is this. You now have a name of a person that�s going to try and take you forward. You now have the chance to be vocal towards the very person who is going to decide your future. This is a one chance deal and I hope to see the support voicing their opinion very soon to keep Mr Miller in check as I feel his intentions have always been somewhat dubious.

Good luck Bears. See you at Parkhead soon for another whipping (I�d say that anyway even if you weren�t in administration).

Does this not now officially make us the Billy Boys?

"Honestly, if it was my team? I’d go to the third."

Well as your team is Celtic, I'd be happy for you to down to the third as well.

;)

Up to your knees in monster trucks?

What a load of tosh, do the owners of Chelsea or Man city have an emotional attachment to them?, we've had 2 Rangers fans in charge for the last 26 years and look where that has got us.

This idea that Miller will take over one day and Ibrox and millions of fans and 140 years of history just vanish into thin air the next is laughable.

People also on here talking about Liqudiation when they don't even know what that entails is even more laughable.

Celtic fans will be eating some amount of humble pie next week when Miller takes over.

Mate, you can try and be all nicey nicey with your posts and talk about lost history and broken timelines but you dont have a clue what you are talking about.

The scenario would be the same as leeds, fiorentina, crystal palace and plymouth. they all transferred the assets, history, trophies etc across to a newco and in the eyes of UEFA and their respective FA's they have do NOT have a broken history.

I know that must be hard to take but that is the simply fact of it. The fans will give the gers fans a hard time about it, saying when we win the SPL again "you have only won 1 title" but in actual fact it will be number 55 and your opinion does not matter.

03 May 2012 12:37:55
I may get a bit of hounding for saying this, however I believe the Blue Knights were hoping Miller would decide to withdraw his offer with the SFA sanctions imposed and they would get Rangers for their lesser offer.
I find it amazing how they have dilly dallyed for 2 months to get control of Rangers, these are meant to be Rangers men. Surely they would do all they could to get the club? At the end of the day, they have ended up looking like mugs! Them being there last night together is embarrassing. It may turn out(I believe it will) that Miller is going to asset strip Rangers and has no interest in the History or what the club means to all Rangers supporters. This is only the start like it was with Craig Whyte, so no-one should be celebrating! If anything, we should be worried about what is next?! Rangers like most are a massive part of my life and I have found the last few months very difficult to understand. How Craig Whyte is not in Jail for what he has done with Rangers & other companies is beyond me. The fact the guy borrowed the money to aquire Rangers itself is illegal, never mind the shear cheek of selling off shares which were in the club since 1910.As a club we have been taken for a ride and supporters lied to from day 1.
The Scottish league itself is in immediate need of changes, forget about the Rangers fines, the game itself needs to start from scratch. Not the correct people running the SPL/SFA from within Hampden, not football people. It should be 1 governing body, with a new appeal system like in England, 16-18 teams with playoffs for all divisions. It's so boring and stale its criminal these people just keep debating about change and never make it for the good of Scottish Football.

COISTY09 {Ed001's Note - Murray advised him to sell those shares before he sold him the club.}

With you on the second part at least. There should be one governing body not three. Then teams can be penalised by relegation from SPL rather than have to apply to SFL separately.

Teams should play each other once per season, with extra matches at the end to decide relegation and Euro places. Maybe a "super cup" too for teams already with Euro places, top 3 plus cup winner. That should give a similar tally of games as we have now, and more meaningful that the 6+6 divide which is a joke.

03 May 2012 12:30:30
A thought there is a press call at 12 d&p probably call it off till Monday these guys are a bunch of muppets a wonder how much cw is making a day out of this crooks!!!

03 May 2012 12:29:39
Ed I'm probably going to be a pain in your arse mate (not in that way) could you explain to me what an incubator company is , and where does this leave our debtors and also in your opinion mate , where will this lead to for RFC? Good or bad ed ?
PaulRFC {Ed001's Note - I apologise to any business people, I know I won't be using correct terms but this is the way I understand it from what I have been told and read. Basically Miller is going to create a new company, to take over Rangers SPL share and play in the league. I believe his intention is to just cherry pick the best bits from the old company. I assume his intention is then to wait until the debts are statute barred (if that is the correct term) and then merge the 2 companies together, under the banner of the original club. That is how I understand it anyway. I am not sure if it is legally possible, it is certainly morally reprehensible and a way of avoiding paying creditors money they are owed.}

Cheers ed

03 May 2012 12:24:36
Rangers 1872 are finished and the creditors will get nothing sad sad day

The creditors will get something if CW is willing to give up his shares and allow a CVA to happen

03 May 2012 12:19:24
I wish people would try to see sense, Miller is the only bidder than could be accepted, doesn't matter if you don't want him, without him we would probably cease to exist altogether, so just give the guy time & if things are not working out then protest all you want.

03 May 2012 12:13:36
As if there was ever any doubt that rangers history will go down the pan. Let's ask a man who really knows the truth. Step forward would be Rangers owner Brian Kennedy:


�Miller plans to have a newco, Rangers 2012, playing in the SPL next season while the oldco � the Rangers which means so much to so many � is sitting on a shelf somewhere gathering dust and cobwebs, perhaps never to be seen again.

03 May 2012 11:57:54
Just wondering if we were de-moted to div 3. scottish footbal would benefit as every small team would have an increased revenue stream for atleast one season.

ps ...........its miller time

Remember the whyte knight lmao!!!

03 May 2012 11:54:12
duff and duffer could just be the straw that broke the camels back, they are now in the same bracket as murray, and whyte, in it all for themselfs!!!!

03 May 2012 12:06:03
Bill miller has just been named preferred bidder! Thank you very fecking much duff an duffer you ate now that bit closer to killing my club !
PaulRFC

Paul, ask yourself why TBK haven't been named the preferred bidder.

I'd rather ask someone who nos more than I do to be honest mate ...... Anyone seen stevo ? Probably still in his bed , I'll ask him later !
PaulRFC

AM here .lol...what your head is thinking is on the money paul,end of days for your beloved club.Company SC004276-The Rangers Football Club plc will end up with the status LIQUIDATION..swo dont let your heart rule your head anymore m8..was doing the garden m8,be a few mortified bears digging theres up to go bury themselves,to make it simple for you m8,the yank is dumping all debts onto rfc,then starts brand new 1,who will never thru time revert back,got that now?also no mention of whyte,taxman,ticketus,,if you thoght last few months were bad,this the start of even bigger problems..stevo

03 May 2012 12:04:25
I have a company. It's run up enormous debts, not paid its taxes and awaiting the results of an HMRC investigation.

Solution: park all that in a soon to be liquidated company making sure creditors get pretty much bugger all; start up again with a new company with a similar name. Take every thing I can salvage from that old liquidated company and switch it over to my newco(mpany). Simples?

Any one else see the huge flaws in the argument?
Any one else expect him to actually buy rangers?

Mojo

It's done all the time , same with directors etc the just start up a new company in almost the same last breathe as the dieing company, we just have to hope some good comes out of all this.

Present owner disqualified from being a director for seven years for placing assets outwith the reach of creditors .Potential new owner's plan is ...?

Paddy Malarkey

03 May 2012 11:59:57
The BIll Miller CraigWhyte connection will soon be revealed, and won't we all feel a bit stupid.This man is not going to save RANGERS , he is going to asset strip

03 May 2012 11:37:57
if bill miller turns out to be another craig whyte can the administrators be held occountable for makeing the wrong choice ?...jsm

03 May 2012 11:32:59
ssn: miller preffered bidder
god help us....jsm

03 May 2012 11:24:50
Rangers administrators have revealed American tow-truck businessman Bill Miller has been named preferred bidder for the club.

Administrators for the crisis-hit club informed non-playing staff of the development at Ibrox on Thursday morning.

Duff and Phelps selected the US businessman as their preferred bidder, which now gives him a two-week period of exclusivity in which both sides are expected to carry out due diligence.

03 May 2012 11:21:24
good performance last night,wasted by the non stop sectarian chants,come on rangers fans were better than that, OLD BOB.

What Chants??

03 May 2012 11:14:26
Bill miller preferred owner it's a joke white will be rubbing his hands he is in on this we have been duped twice in a year I will never set foot Back in ibrox when these croocks r incharge

03 May 2012 11:10:45
bill miller been appointed
preffered bidder ssn

03 May 2012 10:46:35
Good Day Fellow Bears
Firstly great game last night, well done the teddy�s.

We the Rangers supporters made our feelings abundantly clear during the Dundee United game.

Nice to see Murry and Kennedy at the game, then there integrity and heart for the club have never been questioned.

However. Mr Miller if you were listening to the songs or reading the banners then maybe you will now be having second thoughts about buying Rangers.

Given what happened with the previous thieving, asset stripping bone picking regime, the new owners need every single fan on board, they need everybody buying into their vision.
(Point in case. Fergus McCann)

Unfortunately for Mr Miller at this moment in time, nobody appears to have an inkling of what his strategy is, due to a lack of information and communication, we the fans are understandably frightened that he could be another Craig Shyte.

Rightly or wrongly, alarm bells are ringing because Miller has not yet shown his face in Glasgow, I find it more than a little strange that someone seriously contemplating ploughing upwards of £10m into a business venture has not yet been over to have a look at what he is getting for his money. The fact he hasn't yet made the effort to come over and get a feel for the club is a major source of concern.

There is a real fear the current doomsday scenario could be replayed all over again just with a different cast of villains.

Who ever takes over our glorious club for sure has an up hill task on there hands, however the secret to his/there our clubs success will rely, on nothing more than honesty, clarity, transparency and the ability to surround himself/themselves with people who have a sound proven background knowledge of the game and our glorious club.

It�s great being a bear�.
Rosehearty true blue�����

03 May 2012 10:22:54
Look at the state of Football all over Europe and the sport has debts of colosal proportions. With the gate money coming in to all clubs that should be the limit of what players earn,singing on fees should be split 50/50 between the club and the player which could be made available to buy new players. I believe that a north atlantic set up will happen which clubs on the finincial abis from europe and north America could focus on a new way to stop the meltdown of football clubs there is always going to be a question mark over the few who take the turnstyle money from the many ie fans.All clubs and infostructure with the history should be owened by the fans with a prudent way in going forward.Do you agree or disagree.Please vote.

03 May 2012 09:40:10
I did a search myself on miller he's not a gates or trump:

Miller Industries, Inc.
http://www.millerind.com
Employees: 760
Employee growth: 8.6%

Miller Industries makes car carriers and multi-vehicle trailers and bodies for light and heavy duty wreckers. It is the official recovery team for some of the NASCAR races and Indy 500 races. Miller Industries, Inc. dominate the US market for wrecker bodies.

Sales: $412.7M
1 year growth: 34.5%
Net income: $23.0M
Income growth: 96.5%

03 May 2012 08:42:53
For everyone who still thinks rangers lose their history if they transfer all the assets to a newco, then maybe you should read this article from todays Herald:

"Is this liquidation?

As far as financial experts are concerned, it is a convoluted route to achieve what is effectively a liquidation. The only way around that assessment would be if he managed to effect a successful CVA for Rangers Football Club plc and merged it with the newco before the beginning of next season – Saturday, August 4. Miller would then, in theory, not have to apply to the Scottish Premier League for the newco to become a member of the league.

Yet the timescales for achieving this are tight, and if he fails to effect the CVA in time and applies for his newco to gain entry into the SPL, there is little to be gained by merging the oldco further down the line. Also, Craig Whyte has so far refused to co-operate with the administrators in making his shares available to the Blue Knights, so why would he make them available to Miller on the other side of a successful CVA? They would be worthless, since it is the majority shareholding in a company with no assets.

What about Rangers' history?

This is an emotive subject, and part of the motivation for Miller to seek this hybrid route. To many fans the newco being a separate legal entity makes it distinct from the current Rangers' history. However, this was not what happened to Leeds United, to take one example from England, when their assets were moved to a newco in 2007. As far as the Football League and Uefa are concerned, Leeds have an unbroken history.

It is likely that if the SPL agree to transfer the league share from oldco Rangers to newco, they will consider the history to have transferred, too. This has never been an issue in England, but will be in Scotland, where rivalry is more fever-pitched. Another perspective would be this: the club and the company are close but still separate; as far as the sporting bodies are concerned any sanctions apply to the club regardless of the company that owns it, so the same would apply to the club's history."

Very true, I said a couple of weeks ago that the club will not disappear just the company, and it is the club that counts here.

GovanFR

The club is contained within the company. Rfc existed before rfc plc and shall probably exist long after (now anyway it appears). When anyone talks about "Rangers" in ten years that are still talking of the same entity Cooper, Baxter, Greig and Laudrup played for. Clubs don't generally die. No-one talks about Fiorentina 2005, it's just "Italian giants Fiorentina". I"d be saying it if the boot were on the other foot too. If Celtic were in this spot and had to reconstitue themselves it would still be the same club that one the European Cup. Companies come and go all the time- it's often necessary commercially as a company is treated as a "person" legally. The same is not true of a club. Those are the facts of the matter.

If there are too many obstacles to gaining control through a cva (getting shares off shyte etc.), then so be it.

Unless the second contracts thing turns out to be true,thats a game changer

Yes the last thing that can really affect our history is the possible sanctions from any result of the dual contracts investigation.

03 May 2012 07:41:46
Whether it was 43000 or 23000 at the game last night the truth is only 3000 of those fans actually paid for a ticket. That leaves a £175k+ shortfall which could have went towards helping your clubs debt. Really disappointing show from the fans who are quite willing to march onto empty buildings in a show of solidarity but won't show it via their pockets by attending games. There should be no complaints from these 'fans' when liquidation comes a calling.

Listen put last nites gate behind you its a wednesday night i work there is also two season ticket holders that work with me,its a good attendance,aberdeen last night 5000 kilmarnock 3000,and if you check a league game for celtic on a wed night id be suprised if they get 43000

03 May 2012 00:58:22
football wise, good the night we defo have some good talent plus some battle hardened pros out there so if we can keep most we would still do well in this sh8t league and if we lost our valuable guys then i still would be confident in 3 years back in the spl.holding grudges no but giving no respect to nobody. airdrie bear

Holding grudges and no respect,same old rangers then?

03 May 2012 00:32:09
If they play in blue and play at Ibrox, they are Rangers.

I don't like the idea of a newco but realistically that looks like what will happen.

They can moan and say our history has gone, well it might be to them, but who cares what they think. Leeds are still Leeds and will always be Leeds.

If this is what it takes for me to be able to take my Grandson to his first game, the way my Dad and my Grandfather did with me then so be it.

I love my club, they are probably the most important thing in my life, next to my family and good friends. I have had a season ticket for over forty years and hope my son is ther in forty years time. This time will be long forgotten and we will probably be on 75-80 titles, still a record.

These people that have ripped the guts out of our club should remember that fans have died supporting Rangers, they should hang their heads in shame.

Has it entered your head if liquidation happens there will be an asset sale ie ibrox,Murray park,arguably first in line is cw
Her maj,ticket us, the list goes on and on....
Maybe craigy will rent it back to zombie FC
Hoodbhoy

Jeez don't you Lot understand anything? HMRC are last as they have unsecured creditor status. Hoody? Explains it all really.Sorry for adopting a stereotype but you started it.

@1 that is not the case Miller/TBKs will buy all assets of Rangers fc, Ibrox Murray park, image rights etc for the £11m, he/They will own them then. If either goes down the newco route CW shares are worth nothing.

Rangers fc spl share will be transfered over to a club that shockingly enough would be called Rangers fc. Just like Leeds utd and many other English clubs have done over the last few years.

The ignorance of what a newco is among the Celtic support is amazing, its a change of company number and thats about it.

The preferred route out of admin for a lot of English clubs has been this hybrid newco path. If Leeds utd and Fiorentina who have both won European trophies and gone down this road before are still the same clubs then how is any different for Rangers.

If Celtic played Leeds in Europe in seasons to come would they be viewed any different than the Leeds that Celtic have faced in the past, doubt it the fact that most Celtic fans don't even know Leeds are a newco i think proves the point that nothing much has changed at that club, same with Rangers if that is the case.

Leeds did not go into Liquidation

Is Airdrie Utd still Airdrie........No, No history attached

Vambo