pansypotterthedirtyrotter Posted May 9, 2012 Share Posted May 9, 2012 (edited) lawrie on SSB, rangers are cheating c***s jamie on SSB wants the government to bail them out like they did with RBS. Edited May 9, 2012 by pansypotterthedirtyrotter 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted May 9, 2012 Share Posted May 9, 2012 C**t Beaten to it! Chick was almost talking sense there, suggesting that Miller was quite right to bugger off once he had seen the books! 0 Quote Link to comment Share on other sites More sharing options...
ray_of_licht Posted May 9, 2012 Share Posted May 9, 2012 (edited) Who finances Rangers in the meantime? IF H&D are to be believed - season ticket sales. I typed that with a straight face Does anyone seriously believe the statment from Duff & Phelps tonight saying that the club will be in the hands of a new owner by the weekend? Judging from Twitter and FB - the more deluded fans ie. most of them Where have these "buyers" been hiding? In the shadows Edited May 9, 2012 by ray_of_licht 0 Quote Link to comment Share on other sites More sharing options...
Londoner Posted May 9, 2012 Share Posted May 9, 2012 C**t Haha...there's a few Glasgow folk here (Cape Verde) not sure if I should breach the subject! 0 Quote Link to comment Share on other sites More sharing options...
Hipster Dufus Posted May 9, 2012 Share Posted May 9, 2012 In the shadows 0 Quote Link to comment Share on other sites More sharing options...
Handsome_Devil Posted May 9, 2012 Share Posted May 9, 2012 The club's emergency funding runs out in 3 weeks time yet a CVA would take a minimum of 6 weeks to organise (with no guarantee of success). Who finances Rangers in the meantime? If any credit is extended to them, that is more debt for any prospective buyer to pick up....not to mention the administrator's fees. Does anyone seriously believe the statment from Duff & Phelps tonight saying that the club will be in the hands of a new owner by the weekend? Where have these "buyers" been hiding? The prospective buyer could either fund the business during the six weeks or the administrators could sack players to bring the wage bill down. I'd assume selling players, if you could get someone to pay cash immediately, could also be used to fund the going concern rather than being considered liquidating an asset for the creditors but you'd need a legal/financial opinion on that. D+P are being very careful with their words and the sports media aren't picking them up on it. Rangers cannot be under new ownership by the weekend, it is legally impossible. You can have a preferred bidder in place or someone who has bought assets and moved them to a Newco. 0 Quote Link to comment Share on other sites More sharing options...
jester Posted May 9, 2012 Share Posted May 9, 2012 The sketch: A customer enters a lawyers office. Mr. Miller: 'Ello, I wish to register a complaint. (The owner does not respond.) Mr. Miller: 'Ello, Miss? Owner: What do you mean "miss"? Mr. Miller: I'm sorry, I have a cold. I wish to make a complaint! Owner: We're closin' for lunch. Mr. Miller: Never mind that, my lad. I wish to complain about this football club what I purchased not half an hour ago from this very boutique. Owner: Oh yes, the, uh, the Ibrox Blue...What's,uh...What's wrong with it? Mr. Miller: I'll tell you what's wrong with it, my lad. 'E's dead, that's what's wrong with it! Owner: No, no, 'e's uh,...he's just...in administration. Mr. Miller: Look, matey, I know a dead football club when I see one, and I'm looking at one right now. Owner: No no he's not dead, he's, he's restin'! Remarkable club, the Ibrox Blue, idn'it, ay? Beautiful strip! Very loyal. Mr. Miller: Loyalty don't enter into it. It's stone dead. Owner: Nononono, no, no! 'E's just consolidatin is assets! Mr. Miller: All right then, if he's consolodatin', I'll wake him up! (shouting at the cage) 'Ello, Ibrox Blue! I've got a lovely £11million for you if you show... (owner hits the Ibrox Blue) Owner: There, he moved! He's walking away! Mr. Miller: No, he didn't, that was you hitting him! Owner: I never!! Mr. Miller: Yes, you did! Owner: I never, never did anything... Mr. Miller: (yelling and hitting the cage repeatedly) 'ELLO !!!!! Testing! Testing! Testing! Testing! This is your nine o'clock alarm call! (Takes club out of the cage and thumps its on the counter. Throws it up in the air and watches it plummet to the floor.) Mr. Miller: Now that's what I call a dead football club. Owner: No, no.....No, 'e's stunned! Mr. Miller: STUNNED?!? Owner: Yeah! You stunned him, just as he was wakin' up! Ibrox Blues stun easily, major. Mr. Miller: Um...now look...now look, mate, I've definitely 'ad enough of this. That club is definitely deceased, and when I purchased it not 'alf an hour ago, you assured me that its total lack of movement was due to it bein' tired and shagged out following a prolonged and difficult season. Owner: Well, he's...he's, ah...probably pining for Europe. Mr. Miller: PININ' for the EUROPE?!?!?!? What kind of talk is that?, look, why did I find a black 'ole in his finances the moment I got 'im 'ome? Owner: The Ibrox Blue is 140 years old sir! Remarkable club, id'nit, squire? Lovely strip! Mr. Miller: Look, I took the liberty of examining that club when I got it home, and I discovered the only reason that it had been still on its feet was because it 'ad been propped up with dodgy tax returns and a significant number of EBTs! (pause) Owner: Well, o'course it was propped up! If it hadn't been propped up, it would have crept up to the border, and VOOM! Feeweeweewee! Off to England! Mr. Miller: "VOOM"?!? Mate, this club wouldn't "voom" if you put four million volts through it! 'It's bleedin' demised! Owner: No no! 'E's pining! Mr. Miller: 'It's not pinin'! 'It's passed on! This club is no more! It has ceased to be! 'It's expired and gone to meet 'is maker! 'It's a stiff! Bereft of life, it rests in peace! If you hadn't propped it up with other peoples money it'd be pushing up the daisies! 'Its metabolic processes are now 'istory! 'It's off the twig! It's kicked the bucket, shuffled off 'is mortal coil, run down the curtain and joined the bleedin' choir invisibile!! THIS IS AN EX-CLUB!! (pause) Owner: Well, I'd better replace it, then. (he takes a quick peek behind the counter) Sorry squire, I've had a look 'round the back of the shop, and uh, we're right out of football clubs. Mr. Miller: I see. I see, I get the picture. Owner: I got a building society if that's any good to you. (pause) Mr. Miller: Pray, does it feature regularly on Sky sports? Owner: Nnnnot really. Mr. Miller: WELL IT'S HARDLY A BLOODY REPLACEMENT, IS IT?!!???!!? Owner: N-no, I guess not. (gets ashamed, looks at his feet) Mr. Miller: Well. (pause) Owner: (quietly) D'you.... d'you want to come back to my place? Mr. Miller: (looks around) Yeah, all right, sure. As long as Chick isn't there. 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted May 9, 2012 Share Posted May 9, 2012 In the shadows Age differences? 0 Quote Link to comment Share on other sites More sharing options...
Well Well Posted May 9, 2012 Share Posted May 9, 2012 (edited) Sky Sports report that Ng is back in talks with Duff and Duffer Edited May 9, 2012 by Well Well 0 Quote Link to comment Share on other sites More sharing options...
Johnny van Axeldongen Posted May 9, 2012 Share Posted May 9, 2012 The Chick Young Scenario. 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted May 9, 2012 Share Posted May 9, 2012 Sky Sports report that Ng is back in talks with Duff and Duffer C*nt and C*nter...sorry, Traynor and Young said that on Sportsound too. 0 Quote Link to comment Share on other sites More sharing options...
WaffenThinMint Posted May 9, 2012 Share Posted May 9, 2012 Suppose the pertinent question in this case is as follows... would a company investing in such work in Govan, Glasgow see the same returns as doing so in Highbury, London; and do alternative development opportunities not available in Highbury, London similarly not exist in Govan, Glasgow? It would work for the simple reason the ludicrously overpriced flats at Highbury worked, selling to the wallies wanting to live where Arsenal lived. There will be Orcs that will happily flog their children for scientific experiments and live the rest of their lives on Pot Noodles to pay for the privilege of living on the hallowed ground where the Dark Tower Of Mordor once stood. 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted May 9, 2012 Share Posted May 9, 2012 It's no where near as simple as how various blogs and reporters are making out, possible yes in this case no. No offence, but I think I'll side on the weight of, substantiated, evidence. Is it not the case that a hive down is not moving the assets away from the creditors, in the manner you suggest, for two reasons 1) A CVA still needs to be agreed with the oldco 2) If the oldco liquidates then newcos assets then become "fair game", for want of a better phrase 0 Quote Link to comment Share on other sites More sharing options...
pozbaird Posted May 9, 2012 Author Share Posted May 9, 2012 It would work for the simple reason the ludicrously overpriced flats at Highbury worked, selling to the wallies wanting to live where Arsenal lived. There will be Orcs that will happily flog their children for scientific experiments and live the rest of their lives on Pot Noodles to pay for the privilege of living on the hallowed ground where the Dark Tower Of Mordor once stood. Would flats built on the Sellik End be cheaper? 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted May 9, 2012 Share Posted May 9, 2012 It would work for the simple reason the ludicrously overpriced flats at Highbury worked, selling to the wallies wanting to live where Arsenal lived. There will be Orcs that will happily flog their children for scientific experiments and live the rest of their lives on Pot Noodles to pay for the privilege of living on the hallowed ground where the Dark Tower Of Mordor once stood. And if you put a cemetry in there, you could sell houses to people who wanted to spend the rest of their lives dancing on Rangers' grave(s). 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted May 9, 2012 Share Posted May 9, 2012 If potential buyers need a cash injection to fund a CVA and take Rangers forward why do they not sell future season tickets to raise cash. Apparently there is a company called Ticketus who specialise in this sort of deal. 0 Quote Link to comment Share on other sites More sharing options...
pansypotterthedirtyrotter Posted May 9, 2012 Share Posted May 9, 2012 some johnny come lately to the party just asked "where has the money gone" on SSB 0 Quote Link to comment Share on other sites More sharing options...
MarreZ Posted May 9, 2012 Share Posted May 9, 2012 Naismith wouldnt commit there to saying he would transfer his contract with a newco - translation, he wouldnt. 0 Quote Link to comment Share on other sites More sharing options...
WaffenThinMint Posted May 9, 2012 Share Posted May 9, 2012 Duff and Phelps have confirmed that all three parties bidding for Rangers have the financial resource to a complete a deal - and they have reiterated that they want to get it done by this weekend. 0 Quote Link to comment Share on other sites More sharing options...
Drooper Posted May 9, 2012 Share Posted May 9, 2012 (edited) This saga is starting to get way too far-fetched. I'm beginning to wonder if I've stepped through a worm-hole and entered an alternate universe. I fully expect to see Alice and the Mad Hatter shortly. Edited May 9, 2012 by Drooper 0 Quote Link to comment Share on other sites More sharing options...
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