Rangers Rumours Archive April 20 2012

20 Apr 2012 21:12:22
Awww well thats it!!

It pains me to say it but i believe monday will be the end for us. TBK have let us down imo along with brian kennedy. TBK were the guys who claimed would save our club, failing that kennedy would be plan b!! Well yer man miller has called their bluff. An offer in excess of 12 million n a plan to stabilize the club long term n service debt by monday or liquidation!! I cant see anything but liquidation now n im absolutly gutted.no more rangers means i cannot take my kids to their first rangers game like my auld man did with me 20 years ago, no buzz come the start of the season n no rush to be the first to get the new sgrip. my kids will never experience this n thats whats hit me hard after today. loved every minute of supporting the rangers n will always class myself a rangers man. i will always have the memories but will forever be haunted with the fact david murray n craig whyte have destroyed a club. 2 men who in the space of 21 years between them have ended a 100 odd year old club that meant so much to so many. barring a miracle monday 23rd april 2012 will be the date rangers end. loved the banter at times on here n all the best to my fellow rangers fans n even the celtic lads.
J1985

Monday is the day the preferred bidder will be named..........get a grip...........other bidders can still come in at the 11th hour...........game of poker...........hold your nerve......

I'm a Celtic supporter, and it's for guys like you I hope rangers survive. 15 or so years ago your story could have been mine and that of many other Celtic fans. For the genuine rangers fans I hope your club survives and the banter carries on for generations to come.

Be carefull rfc fans you did not back ur club in a share rights a few years ago millar does not care either

There will always be a Rangers ... The only question being decided right now is whether it is existing or Newco form, plus who will own it ... Personally, if it ends up going Newco, I'd far rather the fans stumped up the cash themselves and took ownership of the new debt free club themselves ... I'd be happy to stump up for that cause ...

Strong words spoken from the heart you seem like a genuine supporter who rightly feels letdown by sdm and cw but you never know hope you are able to view this reply no gloating

Im a Celtic fan and am not here to stir S***, but on that clyde 1 paul clarke came on and said that with miller liquidation is more of a possibility. Tbh a think he was pleading for the BK to come in with a new offer. But if you were to go id hate it, its great the feeling you wake up with on an oldfirm morning, wouldn't be the same with a new co.

St Mikey

Don't give up ! No protest why ?
Going out with a wimped why?
We're are u ?
Claiming your history is is all?
No still hear he haw WTF
CELTIC WITH OUT RANGERS IS THE END!
Protest peacefully or just hide !
Show the world.
Stunned
Once again your silence is DEFENING !

Briggies "

Thank God your kids will never experience the cheating, bigotry that you lot have been up to for 140 years.ha

Lol at hold your nerve! Still deluded

To the first reply.....its a game of poker?? I have lost count of deadlines n scheduled announcements to declare a preferred bidder over the last 2 months. unless a man like abramovic who has money to clear out debt without denting his fortune n is willing to lose money year on year for the sake of a hobby becomes interested overnight then thats it, we're done. To put it in terms you'll understand.....bill miller has been dealt pocket bullets, tbk 7n 2, kennedy pair a queens. Ace, king, king comes out on the flop.......miller full house, tbk out at the first hurdle n kennedy looked ok initially until the game got goin. miller means liquidation which in turn means we're done!!
Cheers to the celtic lad. wont be the same for a lot of u boys without rangers i know, greatest rivalry in club football comin to an end is a shame for the sport but through no fault of anyone other than murray n whyte i feel it will be ended imminently.
J1985

Briggies must've been on the buckie and windolene coctails again when he come up with that sonnet eh!!

Usual bile from the fail fail team
& usual sensible posts from 1 or 2 celtic & rangers fans

unfortunately i have to agree completely with 1st poster
for those that say we can't 'dissapear' as a club - think Third Lanark - it can happen!

bill72

Is this guy for real,,,,mate stay off the anti-depressents,,,,worst case scenario is a newco which nobodys wants but we will still be there at ibrox,,,,as for tbk and bk there is a little thing in business called a smokescreen,,,,act as if you dont want it so it makes it easier to get,,,,,come monday we will be fine,,,,,tbk and ng and the est will be desperate to get there hands on us,,,,,,,,,,what was it big marv once said

BIG MARV? Was it no "Were's ma dug"

Club to be liquidated on monday yet no fans protesting. what the hell are you all playing at.

Paul Murray I'm afraid is as big a joke this week as he was last week. Why pay off ticketus over 9 years when u can get rid of them at a stroke?
Blue Knights lol... Grown business men lol.
Only clean liquidation as per laws of the land sorts this.

Sad but the crooks who robbed this club from the decent supporters are sitting back in there mansions they really dont care walter included take your punishment for your sins liquidate and start again.

To the guy about the share rights issue it was only for the rangers share holders and not the public

If they are so desecrate to get hold of you why are deadlines always passing and no deal done ! Wake up to the fact your fu"""d

You let yourselves down. heads were in the sand to long.
i am a celtic fan and told my rangers pals about this 18 months ago but was told it wont happen to us. pity they didnt believe me as you could have did something about it.

On the old 606 Celtic fans were berated for stating that the end was nigh and rangers would have a fire sale.

Well, Rangers fans were right, never before has a football team in liquidation been able to keep assets that they have.

How can a sporting team keep the players they have not paid for and play them against the clubs owed money. Its like stealing a formula one car then being able to compete.

Rangers will be liquidated and a fan base that have always trusted the suits rather than form their own opinions will wake up to no club. Any new club will not be able to enter the spl, that is a fact. I expect Rangers and probably the sfa will be investigated by uefa regarding ebts, especially when it is rumoured that...

How many players in the Rangers squad (1st team and subs) that won the SPL title on the last day of the season on 22 May 2005 had an EBT? That is correct- every single one of them.



whilst every effort by the authorities and media is being made to ensure the survival of rfc, its not going to happen, the circus may make it to the end of the season but then its all over. In 4 or 5 weeks time the players will return to their original contracts.

It was not the goose that laid the big tax case that finished rangers but the behaviour by all since the threat existed, including saint walter who spent a fortune on players and then claimed to have no cash. He was spending many millions when he knew about the big tax case and the fans also knew about it. Head in the sand, go away nasty debt, but it did not work.

I feel yer pain, its a scandal, and as a celtic fan who loved to give you stick at every opportunity and who stood with head held high when on the receiving end from the rangers fans I can honestly say, this isn't banter anymore, peoples jobs and family lifes are going to be affected by this. I don't know how many people Rangers employ but it will be devastating for them and the other companies who relied on business from rangers to survive. Its not a laughing matter, its not the reason to celebrate and a year or two down the line when you don't have the other half of the old firm to slag us you will realise its the existance of rangers and all that they have stood for over 140 years that drives our team to try to be more successful than them. Without rangers we may become the most successful team in scotland but the price we will pay is meaningless games in the league from around christmas every year and a patheticly low standard of football there after.

Lay off the anti depressants?? Listen pal im bein realistic here, a newco is a new club. Rangers as we know it would be gone. i dont care what you say if we are liquidated n come back as a newco then its the cowards way out. so we run up all this debt n just liquidate n start again? If your happy to support that then fine but i wont. as soon as liquidation is announced thats it, regardless of a newco, the league titles, domestic cups n european triumph will have no relevance to a newco. i would rather the club sacraficed 10 years without silverware n pay our debts off over that period n then when we're financially stable we can try to push on n compete for trophies again. i'm sure i'm not in a minority.
J1985

Buying a company in administration regardless of size and stature is a glorified game of poker, it is quite an unsavoury process of bluffs and raises. The presence of Ticketus( =CW floating charge) has added a dutch auction element to the game. Ticketus seem to hold all the cards to any CVA and share sale, they know it and so does the administrator. The administrator has called time on the dutch auction and wants an unconditional bid with Ticketus on board, on Monday., Either Bill Ng or TBKs or both will return on Monday with their final final bid and the highest will be accepted.

ITS NEVER OVER TILL THE WOMAN WITH GENEROUS PROPORTIONS SINGS.

NW.

To the original poster
i never in my post said i was happy with a newco rangers,,,but rangers is in my heart,,,,with or without 140 years of history,,,,its the crest,,,its the royal blue,,,,its the famous ibrox stadium,,,,so you asked am i happy to support a newco rangers,,,,honestly no,,,,but i was born a blue nose and i shall remain one till my dying day,,,,so rangers 1872 or rangers 2012,,,,dates irrelevent to me,,,,and our history will be with us forever,,,,,the way you talk if it goes newco,,,,,then greigs statue will go because he never played for us,the plaque for the 66 dead will be removed because they never supported us,,,,,no bill struth main stand as he never managed us,,,,turn trophy room into a cafe as we havent won anything,,,,rip down the hall of fame board as nobody has played for us,,i could go on and on,,,,,get real nobody wants a newco rangers but they can never takeaway our history,,,,,as for me i will take my boys to the match,,,,will rush out to get them the latest kits,,,,because im not a manufactored bluenose,,,,

To no name. your no more of a supporter than i am. i have grown up a rangers fan n like i say i will not support a newco simple!! When the day comes that rangers are liquidated forget the crest, forget the statue n forget the achievements because like i said it will not have relevance to a newco....this aint a game of football manager where you can just restart when you feel like it.....if we are liquidated then no more rangers......
J1985

Mate thats your opinion,and to be honest the team are better off without you,but as the guy above says its not over till the fat cow sings,i do honestly believe youre on here to stir the pot,,,,through good and the bad,,,times of happy and sad,,,it will always be rangers for me,,,,,newco or not,,,,,,so to answer your question your are iam more of a rangers fan than you,,,,,ship jumper,,,,,as super ally said,,,,,rangers is my club,,,,,,but we will be saved on monday

If new rangers has any links to old rangers then hmrc know were to get the rest of their cash.

To those who state categorically HMRC does not do CVA deals involving EBTs.

Dream on, HMRC have never had to make a decision that would guarantee them nothing, instead of 10 million. Their refusal WILL be the cause of liquidation, no ifs or bus, and they will get nothing.

There is a light at the end of this tunnel.

NW.

Calm down Bears, there will be a Rangers in Scottish Football, the mighty Cove will live on! You can blame one man for this fatal mess you find yourselves in, Sir DM run your club in to the ground, in effect cheating the Football opposition and Tax Payers alike. Genuinely sorry for the true Rangers people, but feel nothing towards the ' glory hunters'

The teams better off without me?? Why because if we are liquidated i wont support a newco?? Get a grip pal, i've been with rangers through it all n never once has my support of the club been questioned. i dont need to go and claim im more of a supporter than anyone else. i renew my season ticket n buy the strips year after year im as much of a supporter as anyone else inside ibrox on a saturday. aw n by the way i do not come on here to stir. i've been a regular poster for well over a year on here n always leave a name because i support my opinion 100%. Like i say barring a miracle, by that i mean miller not being named preferred bidder on monday, then you'll have your newco to support.
J1985

Mate i dont want a newco as much as you dont,,,but what im saying is that i cant just turn off the feelings i have for rangers,,,,judging by your name 1985 is your date of birth which makes you about 27(means nothing i know)but thats means you where about 13/14 when the little general took over and where maybe just getting into following the rangers seriously,,,,so you probably loved having players like gio,deboers,mols and probably loved winding up your shellic minded mates about us spending millions upon millions in the transfer market and they were spending peanuts,,,,so to turn round now and say its not a game of football manager,,,,,you probs worshipped players like gazza and laudrup as we all did,,,,loved when we had world class players,,,,,,so dont moan about it now is went tits up,,,,,,,,we all hate the mess we are in,,,,,we all know we didnt need to spend the money we did to win the spl,,,,,murray chased the champions league,,,,,he made a mess of it but i didnt hear anyone complaining at the time so dont be a hypocrite noe,,,,,,ps if 985 isnt your date of birth then i have just talked one lot of s*****

Thats right im 27. First game was leeds in 91/92. Occassionally went throughout that season when ma auld mans pal couldn't make the saturday games, following season he gave it up n since then it's been mine. Used to go to partick to see rangers train whenever my auld man could take me....even saw bjorklund score in training so i would say by 7/8 i was serious enough. Stood in the p*****g rain outside ibrox to get as many autographs n photos with the likes of hately, ally, gough, mccall, durrant n goram but i also chased guys like gary mcswegan, davd mcpherson, neil murray, stephen wright n ally maxwell to get photos n autographs cause in my eges every rangers player was as much of an idol to me as any other. i have had the privelage of the reynas, tugays, de boers n albertz but like any other fan i've sat n supported the emersons, capuchos, vanolis n letizis. so perhaps you may be older but just because you maybe started supporting rangers by the age of 13/14 dont assume im the same. i'll say it again.....your no more of a supporter than me.
J1985 - 27 sherlock.

Mate im not for one moment saying that you are less of a bear than me,,,,what im saying is you cant moan about the way we are and say you will abandon the team,,,,when you probably loved us spending money,,,,,and no i didnt start supporting rangers when i was 13/14 but it is when i started understanding what our great club stands for and is about,,,,i too stood down at partick wathing us train,,,,,,but what im saying is this and only this,,,,,,you probably grew up with a rangers who had world lass players,,,,,ok in the last 7/8 years the quality hasnt been the same but weve still had great players,,,,,i bet you didnt shake your head in disgust every summer when we were being linked with big name after big name,,,,,so dont do it now,,,,,,,,,,,,,,as far as im lead to believe our discussion is pointless as we will be saved tomorrow,,,,,,,,so lets remember we both want the same thing and thats to survive,,,,,but the fact that i would and you wouldnt support a newco rangers is totally an opinion,,,,,remember we are the people,,,,,,all the best to you my fellow bear

Its a load of s**t. rangers will never die FACT

20 Apr 2012 20:34:33
I am confident that the Blue Knights will come back in over the weekend and secure the preferred bidder status by Monday at latest. they are definitely my preferred option over Miller and will prevent liquidation hopefully.

I would actually quite like to see Blue Knights and Brian Kennedy (if he is still interested) coming together on this one and make a stronger proposition and give our great club the best chance possible to come through this mess in tact.

Wullie

If ed reads all these emails he will know I have no clue what the end game will be but I now believe that our only hope is a deal between TBK and kennedy!if that does not materialise then I think this will be my last post

Sorry eh "Wullie" :) but GREAT clubs don't CHEAT!

20 Apr 2012 18:57:17
Can someone explain something to me? If the club is liquidated then do the clubs assets ie ibrox, Murray park etc. get sold and money received gets paid out to creditors?

We,ll soon find out,artybhoy

Yes dont believe the lies that say the creditors will get more money for a CVA. They will simply breakup the club and SELL it all off.

CW has security over them, so gets his 30m first and rest goes to creditors

Fixed Charge Holders
Fixed charge holders such as the Bank who have Mortgages over properties, Debentures over book debts, Hire-purchase companies who have financed vehicles and equipment.The fixed charge holders are paid first, out of the proceeds from the sale of the assets, which they have a charge after the costs of realisation
Preferentail Creditors
The next group of creditors to be paid from a surplus are the preferential creditors, who are Customs & Excise for Value Added Tax, Inland Revenue, National Insurance and employees arrears of wages and holiday pay.
Floating Charge Holders
The next group of creditors to be paid from the surplus are the floating charge holders, who will have a charge over the floating assets such as stocks and work-in-progress.
Unsecured Creditors
All other creditors are unsecured and they will only receive a dividend from a surplus after the first three classes of creditor have been satisfied in full
Shareholders
The shareholders are last in line for any dividend, which will only be paid to them once the first four classes of creditor have been paid in full.

If it was a straightforward case that creditors would get more monies owed to them through liquidation then the administrators have a legal duty to seriously consider this, although it is also a risk, what if ibrox cant be sold at a good price, the front section is listed, what if murray park cant be sold for housing, I believe there is a 100 year condition against housebuilding. It is all a gamble on the creditors getting the best return on money owed BUT also keeping the business running to facilitate this.

U do NOT own Murray Park. SDM is the owner so forget abour getting money from the sale of it. Will SDM allow you lot to use Murray Park if you can't payfor it?

There's an old park down barrowfield that has been empty for a few years that you could take squaters rights to lol

Richybhoy

Craig Shyte has the ownership rights to the lot. Final part of the master plan I am afraid fellow bears. Craigy bhoy is waiting his £30m pay off and then his big grand plan is complete.

In theory,yes.As previous poster says though,as floating charge holder,along with any fixed charges(Close bros for around £2.5m i believe) will be paid in full first.anything left will be divvied up to the unsecured creditors,inc HMRC.
Whyte and close are reported to be owed around £30m between them.As no bid has reached this amount,it would seem that there will be nothing in the pot for anyone else.
As regards a CVA,do you think that Whyte?Close are going to vote for this and take 5-10p in the pound when they can have the lot,thought not.A CVA is most unlikely.Liqidation and a sale of assets gives CW his best return,but he's known that all along.Also,if you think HMRC will accept a few pennies because "it's better than nothing",you're in for a shock.

What happens to the Rangers Rumours pages if Rangers are liquidated?
Can they be sold as assets?

Richybhoy, yet another pathetic little tim showing your ignorance.
There is no such thing as squatters rights in Scotland

20 Apr 2012 18:23:39
now that Ng is away that leaves Ticketus
in the s**t. They either become a creditor a
and take 10p in th pound, they will
have to go back to Murray and do
a deal with them. that leaves Murray
in a great position to negotiate a better
deal. Kind of backfired on them, shame
If the Miller deal is 11.2 m then surely if
BKnights can better that.

Look out for a deal done over weekend that
will leave BKnights in pole position.

Purely wishful thinking. Ticketus are only one of the major obstacles standing in the way of any new owner. These include:

The Big Tax result
Punishment for the Craig Whyte 'fit and proper person' fiasco
Potentially severe penalties arising from the dual contracts / EBT tax avoidance scheme
The broken business model (losses of £1m per month)
The lack of European revenue
The difficulty in arranging a CVA
and most importantly Craig Whyte! you cannot escape the fact that this guy owns the club and is looking to be paid off handsomely.

Rangers as a business proposition has become a basket case and anyone touching it is either insane or picking over the carcass for a quick buck.

Ticketus are in total control of this situation. They can block a cva, which they would as they want all of their investment back not pennies in the pound or make a deal with whoever will offer them the best return for their initial outlay. Part of the reason this has dragged on is due to them playing rivals off against each other to get the best possible deal for them. Liquidation is sadly inevitable but more worrying will be the return of Craig Whyte when it does!

I have said it before, between them the BK don't have a pot to p1$$ in! so what makes you think they will be the saviours? pure fantasy!

No they don't, they can force you to liquidate and get more money that way. The assets are sold in liquidation and the creditors get some money. They will get more this was than through millers bid, £10 million quid to cover over £100 million of creditors. No way they will accept 10 p in the pound

Purely wishful thinking. Ticketus are only one of the major obstacles standing in the way of any new owner. These include:
---------------------------------------

I disagree that it is wishful thinking, it is entirely feasible, administration bids are often glorified Dutch auctions.

Lets have a look at your obstacles:

The Big Tax result: Part of CVA, regardless of amount.

Punishment for the Craig Whyte 'fit and proper person' fiasco: No worse than starting as a new company.

Potentially severe penalties arising from the dual contracts / EBT tax avoidance scheme: No worse than starting as a new company.

The broken business model (losses of £1m per month) : Sell high wage earners, reduce costs and make redundancies. All of which would be necesary for a new company without the bonus of selling of players.

The lack of European revenue: Part of the new business model, and again no worse than a new company.

The difficulty in arranging a CVA: HMRC are as likely to accept 10 million as to accept nothing.

and most importantly Craig Whyte! you cannot escape the fact that this guy owns the club and is looking to be paid off handsomely.: Craig Whites shares are worthless, as long as Ticketus money is secured he will accept a nominal amount.

I am not saying any of these obstacles are easy to overcome but in a business sense they are not insurmountable.

Keep the faith..its never over till the woman with generous proportions sings.

Some of the points above are valid as no one, regardless of 'insider' knowledge knows if HMRC will be willing to do a deal or not.

However my point was the BK's are not going to swoop in and sort all of these problems as they are essentially more trouble than they are worth.

Two more points to consider:

1) The penalties from the dual contracts / EBT scheme could be much more sever than starting as a New Co, particularly if UEFA get involved. If the dual contracts are proven then this will almost certainly happen due to the amount of Uefa tournaments Rangers played in during this time and the likely complaints from defeated opponents (Porto already rumoured to be ready to lodge a complaint and demand for compensation)

2) In the probable event of liquidation there will likely be a lengthy legal squabble between Whyte, Ticketus, D&P, Ellis et al. In the meantime would any New Co be able to purchase or use the badge, name, stadium etc. if their ownership can't be determined. It is a distinct possibility that Rangers in any guise will not be represented in Scottish football for at least next season

20 Apr 2012 17:27:48
I fear that the house of cards are starting to shake...if we believe all
we read then we should at least add 50% to the debt (just in case there
is some over and above-CW etc.. always are) so we are looking at about 200Million££££'s

The guys who have tried to save us have done their sums and are walking away. I fear we will be left with the Sharks who will kill RFC and start again.

50K fans paying.

Well done Sir David Murry - NOT

I agree the end looks to be nigh. As I mentioned in an earlier port The terms of any CVA has to be accepted by those owed the money. Offer 10p in the pound? 20/30? CVA's can and are often rejected by the creditors. That leaves liquidation- Then Divvy up the assets and creditors might get 10p in the pound anyway. The Gers are in deep trouble. Any business minded person who had £100mill to burn would let the company die - pick up the carcass for pennies and spend his £100mill on the new team. You don't throw good money after bad. That's how they stay rich - unlike sir davy!

20 Apr 2012 17:12:52
Any truth in the rumour that staff at ibrox were told to leave at 4pm today? saw it on another site but havent had it confirmed yet.

None, andrew dickson works for rangers.tv and he said on twitter its total rubbish

20 Apr 2012 16:07:44
i feel that d&p are are like most of ther bidders ,a waste of time ,why cant the all the supporters ass and trust come together and come up with the cash to drag this club back to its feet ...i feel sad that our great club is being dragged from piller to post

The Blue Knights were a ruse, Brian Kennedy was a ruse to the ruse......Bill Ng sniffed it out.
Old board causing trouble.
The agenda is D&P liquidate, CW starts newco, sells newco zero debt for £50m.

Me as a fan am weirry of all the bidders which is why I haven't pledged any funds besides fighting fund and red and black scarf. TBK seemed to just point fingers at everyone else insted of trying to help. They said everything must be open but where is their money at? The American wont get prefered bidder because he will NOT do business with Ticketus or Whyte so they will deny it ever happening. We are in for a rough time. Makes me sick.

Didn't they already do that; the 'fighting fund'?

It wasn't nearly even nearly enough. I don't think they even raised a million.

As a tim I feel sorry for you bud. As usual it's joe blogs/ the fans that get shafted. Make sure the fans own the newco

Fans had the chance some time ago when SDM had a share issue - which was largely ignored

20 Apr 2012 15:42:31
Is it not a worry that TBK can't raise £500,000 for the coveted "preferred bidder" status yet they want to run the club?

KerrBear

How many times does he have to say that they offered the money to D&P

Don't worry, be happy!
- Bob Marley

These guys can all say things as much as they like. We don't believe any of it anymore.
If they offered the 500k why wasn't it taken? It wasn't offered.

In agreement with the last post,if it was offered there would be no need for this question

KerrBear

Shows they wont even put any of there own money in they only want back in to line there own pockets looks like game over

20 Apr 2012 15:16:41
Hahaa! Bill Miller was willing to wire £500K today – but now he is waiting until Monday just in case other bidders…..
Obviously not that serious – if he was a serious player he would snap up club now – not wait until Monday for increased offers from other bidders – you could not make this up. Perhaps best to fold the tent now and get a new one..

Snap up the club? no one wants rangers, thats why murray sold it to whyte, whyte was the only one willing to be known as the man who put rangers into liquidation which was his plan allalong and which WILL happen.

He's an outsider. He can't buy club with Blue Knights & Kennedy out there in the media saying they have a better plan. He's put his cards on the table and wants the others to do the same for the best hand to win.

Ther won't be a new one!!

bill72

20 Apr 2012 14:56:13
just a thought, could bill miller not tell d&p if you dont select a preffered bidder by a set date then we will withdraw our bid and just see what d&p reaction is. d&p seem to be dragging their heels wherever possible. tbk and bk should do the same. d&p's trousers are going to fall down soon with their pockets being so heavily lined.
Rangers54

20 Apr 2012 14:47:33
NG....15 mins of fame...
KENNEDY.... 20 mins of fame
MURRAY.....15 mins of fame...
MILLER.....15 mins of fame....
none of those boys with egos as large as their bank accounts but thats all it evere was......
duff and duffer have not handled this situation too well and the more it unravels the more we see they are all tied up together....whyte d&p...sdm....
if we liquidate i feel a full investigation into those w**kers must take place.......
just waitn see...hmrc just the 24 mill. wi no penalties theyll awe be fightin each other at the gates .....geez the keys....aghm in....deecee

On this occasion i believe d&p had no option but to let all these so called bidders have their 15 mins of fame.If they had accepted any of these bids as preferred bidders then the club would be on a one way ticket to oblivion as none of them has any real financial clout behind them

The administrator has been willing to accept unconditional bids from day 1. All this negotiating is normal, its just buying and selling.

The outcome or amount of the BTC debt is irrelevant under a CVA, please remember the administrator is representing the creditors and in this case the fans. If liquidation was the best option it would have been done by now.

Stay cool.

Let us put this administrator conspiracy to bed once and for all, if D&P had announced a preffered bidder under a CVA 6 weeks ago nothing would have happened.
The bid can not be put to the creditors to accept or reject until the BTC debt is formalised.
Therefore any delays in nominating a preferred bidderare not benefitting D&Ps nor damaging Rangers, they want an unconditional bid and no one wants to tender an unconditional bid.Their reluctance to do so has nothing to do with the BTC, since the actual debt figure is not relevant to the buyer, it is all going to be written off anyay.

20 Apr 2012 13:57:20
Just been watching TV news there sayingbill ng withdraws from buying Rangers. Ng says ticketus keeps wanting more money. Im begining to fear the worst for our Team Glasgow Rangers for ever.
Billy D

The whole problem is that Rangers belongs to Craig Whyte its not your team nor anyone else's team its Craig Whytes team anyone wishing to buy must deal with Craig Whyte!!!

20 Apr 2012 13:31:51
I'm a season ticket holder and life long fan and I have a feeling that we are being lied to to by the two administers I think Whyte is working them from the back ground. They are building Walls each time there is an opportunity to get out of administration. They are stalling ALL THE TIME and use every reason to get us into liquidation, which is what Whyte planned for us from the start. Is there no fan in the legal side can advise the supporters side of the club that every thing is being done to help us survive
Scooby bear

Give big Donald "the bigot" QC a phone

Briggies"

Our Best hope is Donald Findlay QC but Iam sure he is already watching these events unfold like the resr of us.

Try the tax case blog mate,he's been all over it for 18 MONTHS.

They are undoubtably stalling for time. On a positive note if rangers went into liquidation now they would definately no question go into the third division. So some good from that, also the company would be wound up in three month following filing for liquidation. If you had go into liquidation then players contracts could only have been held for three months (and even that would be indispute). Would that have got you to the transfer window? D&P will want to stay in adminstration untill the opening of the transfer window and the moving of players.

DOH< everyone has been telling you for months what was happening,but you refused to believe it,stating it was just "TIMMY" bad mouthing rangers.you did,nt listen,you did,nt act and now it is too late. !! dd

Everything is being done to help you survive.

None of this would be happening if Rangers fans had bought the shares offered by SDM.

THE PRICE OF APATHY.

Us! our club! my team! the bears! the Club is essentially controlled by one man Craig Whyte, its his' baw' to do as he pleases with!

None of this would be happening if Rangers fans had bought the shares offered by SDM

As a celtic fan I'm not sure I agree with that statement. The shares on offer were to cover approx £80 million odf debt, but would still leave Sir Minty as majority share holder. That was pricing gers at about £140million, further more the flotation was in a micky mouse exchange with "loose" accounting standards. If the same offer had been made to Celtic fans I'm not sure there would have been many takers either. And this is quite different from the bunnet's flotation.

Murry's was a patently obvious attempt to play on fan loyalty to sting the fans for £80 million.

Agree with you , whytes plan was liqiudation allalong and david murray knew allalong, liquidation is certain, nobody in their right mind would buy rangers with hmrc lurking.

I just do not get all the hysteria about the administrators, the only conspiracy in this whole debacle concerns the 18 month silence of the Scottish media since Jan 2010. Why were the fans not being told the truth about the consequences of losing the BTC ?

20 Apr 2012 13:13:15
no bidder to be announced today just on sly sports

20 Apr 2012 12:33:32
The blue knights working franticly to get a bid that will be accepted by d&p today, if this does not happen rangers will cease to exhist as the rangers football club as we know it, the yank is lying through his teeth if he says we wont be liquidated hes only in it to make a fast buck, we cant fall for it again can we? good luck paul murray you are our only hope!!! col.

Old board members, how do you think you got yourself into this mess.then again anyone will do.......b

All D&P asking for is their original offer to be unconditional and £500k deposit. Should take them 5 minutes to send email confirming and job done, they'll get preferred bidder status this afternoon.

So don't understand why they are running around or are they waiting for the Euromillions draw tonight?

Unforuany your rite. At this stage anyone wuill do

The end is nigh fellow bears. Craig Shyte and his Duff and Duffer crew have nuked us. There is no hope. Why would anyond buy the toxic mess that these buggers have created??

The toxic mess was made by SDM and CW found a way out, its got nothing to do with the Administrators.

Wait and see, Millers bid is the lowest because it is assets only and the ordinary creditor ( inc HMRC) will get nothing.
The Blue Knights can broker a deal with Ticketus and get an unconditional offer under a CVA that will offer creditors more. Also CW will sell his shares for a £1 if the Blue Knights pick up all the Ticketus tab, if not then the difference will be the price he wants for his shares.

ITS A POKER GAME NOW FOLKS, FIRST TO FLINCH LOSES.

It's a sad day folks when our only hope is the Blue Knights, are these not the same people who last week couldn't even raise half a million quid without borrowing even more from tickitus.

They talk a good game but when it comes to hard cash....................

With the exceoption of John Greg No former Board member should be allowed anywhere near our club. As for Paul Murray a source at Lloyds was quoted as saying he tried to bid for the club at the same time as Whyte but he was "Trying to get the club on the cheap" Nuff said!

Handing over 500k when you don't know if HMRC are going to accept a CVA is not good business.

I keep saying this, its not about how much the bidder is worth, its how much the business is worth, SDM thought it was worth a £1.....and he may have been right.

There is not one person on this earth who would hand over 500k without knowing what unconditional means, as for paul murray, he was on the board when we cut the debt by half and won numerous trophies and got to a euro final, duff and phelps are making it very clear there plan all along was to cream as much money as they can from rangers, and by the way , who gets to keep the unconditional 500k?

My concern is not the unwikllingness to part with 500K it is the inability to raise 500K when claiming to have the funds to rescue the club. As far as paying down the debt is concerned who knows what he was invol;ved in while on the board. For me all former board members are tainted

Agree that Paul Murray is our best hope , BUT how do we know that Bill is lying? A coupke of Rumours he is on this site, and a couple of idiots on a radio station and a paper that changes it stories more than Hibs Change managers and we all believe them.

I love posts like this. Presumably the poster has inside info allowing him to see exactly what the blue knights are up to. Maybe they have phoned him or her to tell them.
I cant wait till we hear that a white night has mounted a dawn raid to leverage a tranche of shares from old CW.
Please someone hurry up and post such a message.

Thought john greig was a ebt man who took his 30 pieces of silver melt the statue down

20 Apr 2012 12:25:42
ive never ruled out the possibility of us coming out of admin and getting a cva, but now i think we are f$uk$d, i hope not , but its incresingly looking like liquidation. but like all gers fans ill keep beleiving till what could be the end... timmy is right we havent done enough to make our feeling heard... for the first time i sense doom and gloom....the administrators are obvisouly working for whyte and they should be investigated for monkeying around and delibretly screwing the bidding process up......jsm

Surely they are regulated by someone,time for all gers fans to complain

20 Apr 2012 11:40:50
SFA say there will be no announcement about Craig Whyte & Rangers today due to the schedule of evidence. Verdict "early next week".

Source: Central News

Is that ''early the next week' after the final nail in our coffin

bill72

Clearly holding off any announcement so that any decision can take into account the changing situation at Rangers.

20 Apr 2012 11:04:58
BBC and other sources now reporting that Ng has withdrawn his bid to buy Rangers - rumours were rife that he didn't have the financial muscle anyway. Being honest, this is a good thing for Rangers - as this 'bid' sounded a bit pie in the sky.

Must put the American bid as the front runner - unless Kennedy puts his revised bid in writing (which I don't will be as good as Miller's).

In all honesty though, who is Bill Miller and is he really the way forward OR is it a case of anyone will do?

#SPL

No one will buy your club until liquidated and rangers fans still sit on there hands and do nothing thought your fans don't do walking away

Make no mistake about it, bill miller wants to liquidate our club.

Bill Ng is saying he had serious doubts over the deliverability of shares and the price went up to 17 million. The other Bill have been unclear over his intentions. Its honestly not looking good its looking more like liquidation.

Bill ng withdrawl a good thing??? If these yanks get a hold of us we will b Liquidated and risn as a phoenix club, h
Get ur head out the sand n realise that whyte is pulln the stri gs and tearing us apart from the inside, what do u think the £500,000 was for decoration? The preferd bidder fee is duff n phelps cut,....govan_front87

You will take anyone even if they get the club for 10 mil you will come on and say yes we are saved.....b

It's all been a set up from the start Milner will go next !
RFC will NOW BE LIQUIDATION VERY VERY SOON !

But there is no Proof he will, Infact he left the Club 9 Bid BECAUSE they wanted to liqudate,

The fact that players are not required to join a newco makes Rangers even less (if thats possible) of an atractive proposition their asset value has possibly disappeared in the minds of any potential buyer!

Club 9 - look where that is now!

Its like a sticky plaster thats been on a hairy arm for a week, the only way to get over the pain is to do it quick. The only route back to the SPL is Liquidation.

Miller hasn't spoken to Whyte or Ticketus which is a clear sign that he favours liquidation rather than CVA. No need to talk to them if you believe liquidation will leave them behind.

Ticketus want all their money included in any deal, they are in a win-win position, they are under CW's floating charge umbrella in the event of liquidation or CVA. Bill Ng was not guaranteed delivery of the shares because he would not guarantee no liquidation in the future, believe it or not CW is preventing liquidation.

I think Blue Knighs have called Ticketus bluff and they will now do a deal, they were obviously playing off both bidders in a dutch auction.

Its not over, its just the beginning.

Does everyone realise how humiliating this is for our great club to be dragged through the mud like this. We have been ripped apart by a series of cash grabbers and we need a leader to step up to the plate just now and get rid of the mugs who are running administration. I would love to see a reputable big name Rangers supporter step up to the plate and lead us through this-not necessarily invest money-but just give us some direction. Any names?