Rangers Rumours Archive May 12 2012

 

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12 May 2012 21:09:45
Heard theres been 500 security been booked for ibrox for monday , anyone heard anything

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I heard you are talking craig whyte

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I believe so but its not what you think....barry and derek are coming back to boot duff and duffer oot of ibrox....no6

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Heard it, but it came form the easr end og glasgow and it has been around for weeks, just keeps getting updated every week, dont listen to it

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Heard the same. Think it's liquidation personally. Hope I am wrong but if it is, the 3rd division looms but we will come back stronger it's the rest of the spl that will be hurt in the pockets

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Rumour of tax case verdict against us,£68m. tax man wants at least 20p in pound so £13.6 straight up.liquidation? i really hope this rumour is bulls"!t.

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Just heard this rumour too ! And the figure we owe to H M R C is 66 million which they will not accept any less than 20p in the pound ! Liquidation will happen on Monday ! Thanks Sir David !

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Where you hear that? Similar rumours in past been load of rubbish. Maybe not this time tho...

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Aye craig whytes picking up his phone charger he left./biggles

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Heard the same story yet to be confirmed

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Apparently liquidation is being announced

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Sorry for the bad spelling in the comment I made, What I meant to say was "Heard it, but It came from the east end of Glasgow done its rounds , it has been around for weeks and keeps getting updated every week, dont listen to it".

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I would imagine it is to announce the new owner of Rangers and as predicted it it will be through a CVA.

Anorak.

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I think rangers will be in the 3rd division next season, cove rangers.

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If the were announcing liquidation and expect trouble from Angry fans why the hell would security be hired from some one like g4s? I'm pretty sure the police would have to deal with this! Utter nonsense

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12 May 2012 20:30:39
Fellow bears,I've just been told a strong rumour but Plz dnt shoot me down in flames,
Former chief exec of Newcastle united Freddie Shepard gas been linked to be interested in rangers

Jambo 1980

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True unfortunatly :(

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I am a newcastle fan and its been doing the rounds down here, this guy left newcastle in a terrible state, mike ashley had to put 100m into the club to clear debts and run the club after paying 134m for the club. All sponsorship deals were paid up front meaning no money came in later on in the deal. spent massive money on owen, viana, luque gambling on european football. Mike ashley said there was a good chance we could have ended up in administration if they were left in charge.

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Yes i have also heard this guys! Also that Joe Lewis is heavily involved with green and shepard lets hope so!!

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Freddie shepard has nothing to do with deal although if he wishd to pay in a cheque he coud be from Chars Greens own mouth at press confrence

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12 May 2012 16:33:35
ssn says its gattusos last game for ac milan this weekend and he wants to play for rangers for a final season of football as long as he plays for nothing

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Omg no one can join the club just now where have you been ?

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So what. Even if he did want to 'kiss the badge' again he couldn't. The embargo goes as far as free signings of any sort. This is just the kind of p1sh that I'd expect from him.

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Could give him a double contract saying he is two 18 year olds!!

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I dont think he would fancy playing against Queens park in the 3rd division.
67Coatbridge

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I see the timmys are still obsessed with everything Glasgow Rangers. No-one said he was joining Rangers again dhumplings lol

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He will have to wait until Rangers can sign players so I hope he is patient. Perhaps he will get another 2 contracts and a tax dodge wage.

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Yawn Yawn Yawn same old timothy's obsessed with scotlands best.

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Typically timmies just about to get the championship trophy and all they can talk about is us. Its their inbred inferiority complex, they are terrified by The Rangers, they know they cant stop us

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Gattuso claimed a few years back that he would like to return to Rangers, particularly if the boss (Smith) was ever back. Unsure if this will be possible considering the SFA (sorry for swearing) transfer embargo still may stand

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I am surprisingly a Celtic fan and think this will happen....some players actually do play for the love of the game and club...he is one!

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Of course. Any time Simons from this foul wants to post on a Celtic rumour it's a wake up call or an honest opinion but the other way around it's obsession. Aha very good.

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For Scotlands best read Scotlands shame.

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He could come back if he was to play for nothing. We can not sign anybody as a pro however amature contracts would be allowed

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So what! I like the rest of us we read that in the paper where do you live mars!!

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12 May 2012 16:07:33
ROME: Gennaro Gattuso says playing one final season at former club Rangers would be the ideal way to cap a career spent primarily with AC Milan.

The combative midfielder will bring down the curtain on his 13-year relationship with Milan during Sunday's San Siro clash with Novara.

And despite his many achievements with the rossoneri, the 34-year-old still holds a candle for the Scottish giants, who are currently fighting for their survival after entering administration.

Key to any move back to Ibrox could be his wife Monica Romano, a Scot of Italian descent.

"I have to speak with my wife, she's the one who decides, but if I have a say my dream is to return to Rangers," said Gattuso.

"But the club are in a deep crisis, they're in controlled administration.

"I went there when I was unknown and they improved me. I'd like to go back there for a year."

Gattuso started his career at Perugia in 1995 before moving to Rangers for a year in 1997.

He was very popular with the Rangers faithful and his game seemed ideally suited to the rough and tumble of British football, but after just one season and the arrival of Dutchman Dick Advocaat he was sold to Salernitana.

After one year at the newly-promoted Serie A side he caught Milan's eye and went on to play a part in one of the club's most successful eras, winning two Champions Leagues and two league titles.

"Those were fantastic years, it was a dream, 13 years are not insignificant," he added.

"When you wear the jersey you dreamed of wearing since you were a child... but life goes on.

"I hope my eyes will be fine, I still want to fight on, I'm not finished as a footballer."

Gattuso has made only five appearances this season, in large part due to a debilitating eye problem he developed.

Although it has largely cleared up, even since his return he has been unable to earn a starting berth in the team.

And it is that more than anything that has convinced him the time has come to move on.

"The time had come to go, I decided to take a another path but after that, we'll see. Now I'll see where I go to play," he said.

Gattuso's departure comes at a time when Alessandro Nesta and Filippo Inzaghi have also announced the end of their Milan careers.

Clarence Seedorf and another veteran Gianluca Zambrotta are also expected to leave, meaning only club captain Massimo Ambrossini will remain from the group of players who reached three Champions League finals between 2003 and 2007.

"A cycle has come to its end, just like those of the Dutchmen (Ruud Gullit, Marco van Basten and Frank Rijkaard) or (Paolo) Maldini and (Alessandro) Costacurta.

"Our time has come now but I hope the tradition continues, that they won't lose the respect there is in the dressing room.

"I don't want to be a deadweight for anyone, even though the club wanted to keep me, I felt the need to go.

"It's not easy but you have to make tough decisions in life and I think I've made the right one.

"I couldn't give any more on a footballing level, I felt empty, I didn't feel like a warrior any more but more like a mascot, a pennant.

"I didn't expect to have a fixed place (in the team), the only one of those is death.

"It's normal that no-one likes to sit on the bench but I've always respected my coaches."...jsm

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And i know he cant transfer embargo the op is just passing on the news....mark

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He was on the ebt and is losing his site!!
Don't need no hasbeens!!!!!!!!

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He`s a born winner and weather or not he was on the ebt was rangers fault not his-advocaat should of never sold him he would of been a rangers great-id take him back just for his influence and mentality but he would have to get paid " peanuts" and thats if we win the embargo case
stg

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GOD help me !

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12 May 2012 16:02:20
I read this interesting article on RM and reposted it on Follow Follow. Took them 7 minutes to ban me from FF. I wonder if the 'Great Dingwall' banned me himself but I think their actions speak volumes about who may be a spanner in the works to Rangers success.

This is quite long but stay with it as it is important toa nyone with our club's interests at heart.

It was genreally agreed that Paul Murray and Brian Kennedy gave an oscar winning performance to the media yesterday afternoon and on later interviews on tv, and if only their bid was as good as their words we would have been out of this mess many weeks ago.

From information gathered from various sources close to TBK, the administrators and club officials, together with the email from Kennedy's laywer released yesterday afternoon, it is about time all Rangers supporters were shown the truth behind the myth about TBK
bid for the club.

Lets start at the beginning of this, which is when D Murray was about to sell to CW after months of protracted negotiations. P Murray came out and told everyone that CW was a bad sort (no arguments there!) and that he had offered D Murray £28M to buy the club but D Murray refused to sell it to him as he wanted to sell it to CW. At the time it sounded like sour grapes from an outgoing board member but remember the figure they quoted of £28M.

Fast forward to February of this year and our entry into administration after weeks of speculation. On 1 March P Murray arranged a meeting with some high profile Rangers fans and some fans reps to explain his plan to buy the club with a view to getting some fans support. Paperwork was shown with bits of their business plan and it all sounded very impressive. Items including a massive board of Directors including many fans reps who would represent the new tiers of shareholders which would be created with a massive share issue sometime during the 12-13 season. There were to be three levels of shareholders, the lowest starting at £1000 a share but with pay-up options to ensure fans could contribute from as little as £10pw. Democratic elections of these fans reps would ensure accountability. No issues would be excluded from the fans. All very good news. When it came to discussions of funding, it was claimed at that time that there were around 10 Blue Knights in situ, and discussions were ongoing to take that number up to 20 before the bid was due to go in. To qualify as a Blue Knight an investor would have to part with £1M minimum. Obviously this would give TBK a pot of cash to buy and finance the club of around £20M, plus the income generated from a fans share issue which was estimated could be another £20M. This would pay off the club debts, give it a firm footing, and would ensure the club would come out of admin in a much stronger position.

The next major incident came when TBK announced that they had negotiated a deal with Ticketus to take them out of the CVA pot. The deal was that Ticketus would accept a payment of £10M (much higher than they could have expected through a CVA) and in return would offer TBK an overdraft facility at competitive commercial rates of up to a further £10M. This rang alarm bells for some of us who wondered why this was happening when D&P had correctly won a court case to ensure Ticketus were not preferential creditors and were to go into the CVA pot along with other creditors, and would be repaid a fraction of the money they had given to CW to finance the purchase of the club. Up until this point Ticketus were seen as the bad guys who had done a deal with CW for OUR future season tickets in exchange for money to pay off LBG. Now this deal was hailed in some quarters as a fantastic piece of business that secured CW's shares (it was believed Ticketus would get CW's shares in exchange for not pursuing him for his personal guarantee for the £20-odd Million loan) and it was seen as the final piece of the jigsaw that would see TBK win the race to buy the club.

On two consecutive weekends it was believed that TBK had won the race and would be declared Preferred Bidder (PB) on the Monday morning only to be scuppered on both occassions by the very same Ticketus that it was claimed were now not the bad guys, but very happy partners. The first time Ticketus tried to shaft TBK by running to Bill Ng looking for a better deal with him than they were getting from TBK. After Ng chased them away they came back to a now raging P Murray who reluctantly swallowed his pride for the good of his bid and agreed the same deal as before. Again D&P were happy to name them PB on the Monday, and this story broke widely over the weekend and things were looking good for TBK. Unfortunately for TBK, Ticketus again pulled the plug on the deal, admitting that they had no agreement with CW for his shares and therefore they were not able to proceed.

While none of these two events were directly TBK fault, it shows that their choice of partners was at best suspect, and confirmed to those of us who questioned Ticketus's motives all along that if they were willing to break rules to get CW the club, they could not be trusted to act in the best interests of our club for anything.

What the deal with Ticketus proved more than anything however, was that TBK original claims of having a number of investors and a large pot of cash was now fanciful at best. It was clear that they had not been able to convicne invetors to join their group, and instead of going with Ticketus, a deal that was claimed was the only way forward for the club, they should have either asked the fans to join them and bring forward the investment vehicle, or admit defeat and try to join forces with another interested party.

Instead they continued with their black propaganda campaign, heavily involving their supporters from RST/FF and certain media outlets, into blackening the name of any other interested bidders, pressuring D&P to name TBK as PB when they could not realistically do that due to the level of bids involved, and continuing with the emotional balckmail of Rangers fans into believeing that they were the only true bid to take the club forward.

This was never more carefully orchestrated than when Bill Miller was named as PB by D&P. Bill Miller spent hours talking to McCoist and Jardine but didnt want to go public to the fans until the deal was done so as to not get the fans hopes up too much. The feedback from these conversations were good, he answered all the questions asked of him, and it looked like the best way of explaining his interest would be to compare it to what McCann done for celtic. He wasnt a fan but a businessman from North America who spotted the chance to buy a massive institution for a low price, turn it around and make it work properly, and sell it on for a much higher price some years later. He also refused to comment on the negative campaign being waged against him, as he believed it gained nothing but a split in the support. How right he was. The reasoning of his decision to withdraw may or may not have had anything to do with the over 1,000 negative emails he received, but he certainly took into consideration that if there were 1,000 fans taking the time to contact him negatively BEFORE he took over, it would make his job much harder to convince them to buy season tickets and back his custodianship, and it can be argued that it may have been the tipping point that made him withdraw. We will probably never know for sure.

The one thing that we can be sure of is that Bill Miller had a much better chance of success than TBK of getting a workable CVA. That is why they were named PB. In cash terms TBK offer was only £1.5M, with other later add-ons bringing it up, but only £1.5M of cold hard cash to buy the famous Rangers Football Club. Quite a far cry fromt he £28M P Murray was supposed to have offered a year previous.

This brings us up to the present time. With the collapse of the Miller bid, there was talk of new interest including from a UK consortium, later publicised as being fronted by Mr Green. Lets cut to the chase now on what is happening with the two bids just now. The Green bid is £8M cash. Write a cheque, put it into the CVA pot, and move forward. Nice and simple.

TBK latest bid is £9.1M as per the email from BK's lawyer to D&P which was publicly released yesterday in conjuction with the heart-warming press conference. Lets examine the £9.1M bid. It includes extra payments into the pot from Eurpoean success in the next few seasons, including a mention of some extra money if RFC makes the CL QF. While I would love us to be cometing at this level, even the most optimistic Bear would admit the CL QF stage is not something I would want my future income depending on, so it has to be ruled out by D&P. TBK have also added in other conditions which mean that extra payments will be made to creditors during the course of next season. Of course, this means that it is not TBK paying this, but the club (i.e. you and me). It would not be too far a push to suggest that the share issue is in mind to pay for this. David Hinchcliffe (DH) (BK's laywer who wrote the email) tries to argue with D&P why they are taking out £3.5M from the £9.1M because it is money due to the club from other football clubs. How can you possibly include £3.5M of transfer payments due from other clubs for players previously sold into YOUR bid for the club. That is quite shocking.

Instead DH asks why D&P are not giving TBK credit for saying they will meet the 2012-13 expected trading losses of around £10M. Again, why should this be relevant at all. If TBK take over the club for the start of 2012-13 and make a £10M loss in their first year, why should they be given any credit for funding this. In any event, again it looks likely that it will be the fans share issue that is funding this shortfall, not TBK investment.

This is why the word "quantum" is being overly used these days. TBK bid is all pieced into future payments. It might all add up to around £9.1M, but it is clear that the cash offer is no more than £2M. While £2M is an improvement on their embarrassing £1.5M offer of the last round, it is still embarrassing and hardly going to be acceptable.

Do TBK really believe that they should be allowed to purchase RFC for an initial investment of £2M, plus add-ons?

D&P are well out of their depth in this administration. That much is a given. Have they made mistakes? You bet they have. Is it their fault TBK are not the owners of RFC? Absolutely NOT. That fault lies 100% purely and squarely with TBK and their failure to raise sufficient funds to buy the club in a professional manner.

I hear that the Green consortium will be named PB by Monday, but having been caught out before I take that with a pinch of salt and ask others to do likewise. However time really is running out for TBK to come up with the cash up front that would buy them the club.

They either put up a sensible cash up front bid of £8M and take our club forward with all their great ideas and fans share issue, a large democratic board, Rangers men in all significant positions. Or they give up trying to steal the club for a bargain basement price and then get the fans to pay for everything in later years and let/back the Green consortium get on with the job of ensuring there is a Rangers left to follow.

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I agreewith the person who posted this, tbk have had every oppertunity to get the winning bid in but maybe duff and duffer do have the liquidation agenda and that really p****sme off

We really need for d&p to get this right for the sake of the history and tradition that being a rangers fan means.
There must be something the fans can do as I am now expecting the worst as I don't fancy the idea of supporting a NEW rangers as their is nothing there and with that no 54 titles and world records that I am proud to say we have got,

david murray knew all along who he was selling to and a campaign to have him stripped of his knighthood just like fred goodwin who also brought down an institution. Then there is Craig Shyte the biggest conman football has ever seen, lets hope the police and courts do something with him as he needs to be taught a lesson.

All we can do now is hope d&p get it right with the next preffered bidder or it is a new hobby for me. watp
andygers74

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First time poster, also should clarify i am a celtic fan.
I have just read this on rangers media and thought it was spot on. Not surprised follow follow banned you for posting it, I don't think they don't like points of view that aren't their own(not a dig just my opinion) and have been the biggest supporters of the blue knights. All the best hope to play you next season

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I don't disagree with much of your comments, at the end of the day BK can not say newco bids will be withdrawn just because one newco bid was withdrawn.

Therefore if the recent newco bids deliver more to the creditors then they must match them, or wait and see if they collapse.

There is one thing that puzzles me, why include Ticketus in the original bid if it was not necessary to secure CWs shares or get rid of CWs floating charge ?

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Here Here well written and spells out the real situation with TBK. Paul Murray would join forces with the Pope himself and agree to build a chapel at Ibrox if he thought the Vatican would give him the cash to take over Rangers.
This guy jumps from person to person hoping to squeeze a bit of cash out of them. I honestly think if someone with a couple of bob agrees to talk to him he starts spending their money before he has even had the meeting. He reminds me of Del boy "This time next year we will all be millionaires " He comes across to me as the type of guy who buys a 3.0 Merc because they are selling cheep. Then cant drive it because he cant afford the Insurance never mind Petrol. He just cant be taken seriously any more.
B13

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Allyrangers74....... comparing rbs and rangers as both being institutions is just the kind of thinking thats got rangers where they are now

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I've been suspect to Dingwall ever since he admitted that he had a meeting with CW and after that meeting he took free tickets in the box from CW. This is stated on the HandH podcast. from his own mouth. So where is his dignity? Thank you for your service Mr. Dingwall now step aside. This is why the suporters can't be united. Too many self centered people with blowhorns. I hope all this brings the real heart of the fans together. WATP

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Evening folks , is it just me or does any 1 else think this kennedy is a complete disgrace all he has done is publicly pressured d & p now, if they were really wanting to save rfc then why did they not just get the same amount as bill miller bid have the fans behind them and win control charlatans im afraid

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2nd poster i do not understand why you wouldnt support a NEWCO Rangers if you are indeed a 100% bears fan. yes the history may be gone with titles etc and your saying that you would not support them because of this but unless you are 140 years old you are only losing part of this history and obviously supported the club alot later than when they established and had trophies/and league wins well before u decided to be a bear.

once a bear always a bear. This will find out the Rangers TRUE support no matter what happens.

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I have to say this is pretty much spot on - I was a backer of tbk but have always been open to the idea of all bids - anything which will save our club. I wont bite the hand that feeds me - i think thats what guys like dingwall and the sort need to remember. avoid FF like the plague - unless its something that they agree with - banned. the lot of them are morons.

rangers fans are already split - rst, rsa,rsc and they couldnt agree on the colour of sh1te

ryanrfc

ryanrfc

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Good balanced and sensible post young man

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TBKs lawyer`s letter to D&P refers to TBKs including mony to pay for TUPE which is what happens when employees change companies after a takeover
Sounds fine except TBK are not talking about a takeover that ivolves TUPE thats on ly relevant to a Newco moving employees out of RFC
Expanation?
TBK envisage liqudation

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Excellent post, I have been a Rangers fan for more years than I care to remember and I know if I had the money I would be doing something, anything that had to be done to do my bit (as I suppose I have done by donating to the fighting fund, not alot but something), Brian Kennedy has the wealth, so why not put your money where your mouth is and Paul Murray has no real wealth so he has been attaching himself to every and any wealthy supporter he can to try and finance this "takeover"

As for FF, I have always found it a Rangers propaganda dirt sheet and avoid it like the plague ....... Big Dave

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Very good post and spot on including all comments, im not a rangers fan and ive been disgusted with comments some fans have made, but this proves there is good decent rangers fans out there

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TUPE may not be relevant for the players but the non playing staff will need to be retained for whatever squad is assembled

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A fine article. I find it staggering TBK have offered such a paltry amount up front. There is still a lot to be played out over the coming days, weeks. Craig Whyte and David Murray before him may well have had piece of paper saying they owne RFC but the club has and always will belong to the fans. Doesn't matter what league RFC play in next year, the important thing is for there to be an RFC next year.

ps I'm a Celtic fan but I feel for all the genuine non-bigoted RFC fans who are suffering over this. {Ed022's Note - Good man.}

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Back the Charles Green consortium get on with the job of ensuring there is a Rangers left to follow

But for how long going by this track record he's another business disaster like Whyte.If this is anything to go by a year tops, maybe less before he gives up!

http://company-director-check.co.uk/director/907595268

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Excellent post and a great read. They are playing rangers fans for fools

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Great read and thanks for posting it. Its clear to me now the reason Mr Dingwall is so heavily backing TBK's is for his own gain. He wants to be that fan sitting at the Boardroom table as you mention early in your piece and at any price, hence his post on FF urging fans to write to BM etc. All fans all want what's best for Rangers, he wants what's best for Rangers and him and if that means TBK's then thats what it'll be. Did you notice his inability to look Graham Spiers in the eye when GS was talking about the fans who wrote to Millar when they were on Scotland Tonight together last Monday. TBK's are clearly trying to get the Club for the lowest possible price, who wouldn't but D&P despite their failings are duty bound to accept the bid that delivers the most for creditors, not for the Club and at present it seems clear from this article and other info out there that the TBK's bid does not achieve this.

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At last some clarity on the situation as i posted before with a vast fortune allegedly mr kennedy should up tbk bid or quit next?

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Where will this insanity end? We are finished!

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12 May 2012 15:57:01
Once again another deadline passes and we are no further forward. It is now time my fellow bears to come to terms with the fact that liquidation is a cert. I believe this was the intention from D&P from the start and they are playing the game to get to the end of the season.

I hope i am wrong but i don't think so anymore. I don't think D&P know the meaning of the word DEADLINE, i've now lost count of the amount they have issued over the past few weeks.

Wullie

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D&p are killing the gers {Ed022's Note - Agreed.}

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12 May 2012 15:42:21
If everything is true in today's papers then s 140 years history is washed away. In 1 year with that b**tard Whyte he screwed our club for everything let's not for get David murry he new plus he did plenty himself he should be striped of his knighthood our club is finished hope they 2 f***s are happy .. Kenny bluenose

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The rangers fans have been treated like cannon fawder lied to while the blazer suits have taken full advantage with our loyalty none of these custodians of our club should never be in charge again i would have been happy not won anything in the golden years than spending beyond our means we sat back took the glory now we have the price to pay it will never be the same rangers again in the future these are the hard facts was it worth it NO fed up bear

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Think david murray was only doing what was right , all he did was get rid of a toxic part of his business...for murray it was the correct call ,

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The toxic part he poisoned

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Christ n.o 1 reply you sound like me
feel so so let down by them all .left my son with no football future this is wrong in so so many level,s for other fans for us for me for my son not only have they stole our future they have h@cked up our past....les

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Think david murray was only doing what was right , all he did was get rid of a toxic part of his business...for murray it was the correct call

You need to stop thinking, stick to things you do well, like believing that celtic and peter liewell stand for sporting integrity

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12 May 2012 13:58:27
i hope the administrators are not taking the weekend off, seems very quite today...jsm

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Don't hold yer breath m8 the administrators will make an announcement today and that announcement will be that their will be NO announcement till monday. thay continue to move the goalposts at every turn wallopers better tell us somethin the day.

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Dunno about that but i think its a bit quiet lol

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I think theve had 3 months off ,they dont know their ass from their elbow doug t.s.o

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Maybe they are in that situation where they lost their keys and their mobile...jsm

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Maybe there just trying to find the best solution for all the businesses you's have shafted.it must hurt that not every1 or everything revolves round rangers!!grow up and look at it from a neutral.what would you's be doing or saying if it was Celtic?? Exactly...rusty the tim

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I prefer things quiet it's more business like. I 'd like to think those intent on buying Rangers have more pressing issues at hand than drip feeding us and the media tittle tattle.

That would result in us having to make up rumours to keep this site going and that would never do.

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Just as well the take the weekends off , its costing Rangers 700 per day to employ them

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At £600ph they'll be working.Can't be much left in the kitty and they'll want as much as they can get.

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The admins will hopefully be talking to the 2 remaining bidders, both of whom have more realistic offers than TBK

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All the bids D @P have had so far are just not good enough. Are any of better than what D @ p would get from liquidation ? the answer is obviously NO.D @ P are there to get the best financial deal FOT THE CREDITORS of which there are over 240. They are NOT there to look after rangers football club. It is the CREDITORS they are there to look after. Why is that simple fact not getting through to rangers fans ? Anyway, read the Daily record today - for once they have done a good job of explaining the whole situations. rangers people are going to end up in court facing criminal charges. One year tranfer embargo ? rangers are lucky they didn't get tossed out the league !

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12 May 2012 13:52:31
So kennedy n tbk feel they had the most deliverable bid. hearing him on ssn last night i have to think he may be right. Time is up now, no chance of agreeing a cva. i liked the idea of walter n souness returning in some capacity, if they guys dont know something about football then its not worth knowing. a team to look after the footballing side of the club n a seperate team to concentrate on the commercial side.......sounds ideal to me. the club needs structure n i believe thats what kennedy n tbk would have set in place.
My conclusion is i believe d&p are obstructing the only bidder who wants to maintain our tradition n exit this mess via a cva. they are filling us fans with bs about this consortium n that consortium to simply waste time until june 1st when no money will be available to honour the players original wages or operate the club full stop. we'll all hear excuses from d&p about millers withdrawel n sfa sanctions holding up a takeover. then they have no other option but to liquidate. no club in history has been able to keep a full quota of players when in administration, why are we an exception?? Because d&p need an excuse to liquidate n that'll be when we cannot afford to pays these guys original wages. hope im wrong but i cant see a resolution especially at this stage of the season.
J1985

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Duff and Duffer must back down and name the Blue Knights as preferred bidders, if Rangers liquidate then D&P company will be worth s**t because of their handling of this administration, this admin must be one of the longest for any football club and again it will not stand the duffers in good stead, company will avoid them like the plague!

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There was NEVER a chance of a CVA.A visit to the HMRC website would tell you this.A few posters on here have alluded to this but BK,TBK,the media kept pushing it and people swallowed it.HMRC want paid.they don't do deals when tax has been deliberately avoided.Any bidder today who says he can arrange a CVA is talking rubbish.

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Kennedy and TBK's bid was not good enough - D @ P would get draged over the coals if they accepted a bid that would have generated less money than liquidation. They are there to look after the creditors interests NOT rangers read the record today. rangers people are to blame , NOT the SFA or anybody else for that matter. Open your eyes !

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A couple of points:

It is not too late for a CVA, there is still some wriggle room, so no need to panic just yet.

TBK-BK bid is the best option for Rangers, but as it stands it may not be the best option for the creditors.

D&P can not assume the recent newco bids will be withdrawn after due diligence. Since they are offering more to the creditors than TBK-BK, then these offers must be considered.

I was under the impression another CVA bid was being considered, even at this late stage.

Its not over yet by a long way.

Anorak.

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Every day that passes its not looking good correct there will be no cva the amounts of money involved is staggering its a scandal cant believe how our club has fallen

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Hmrc turned down offer of £10million, so how could bk bid of just £2.5million be in any way serious, and if that two million goes to d&p first then how can

1/2million be something hmrc and others will accept for the cva, when in liquidation the stadium is worth £50million+

......???

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Anorak, youve made some good posts on here but im afraid your way off the mark, a cva is not possible especially with the tax man, i speak personal on this he takes no prisoners

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Really don't get why people still think a CVA can be arranged. If hmrc were to grant one, thousands of businesses would go mental as an exception was made

D&p can't accept ridiculous offers from TBK. Stop blaming the administrators {Ed022's Note - They are awful administrators, it is very clear to see.}

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There are certain conditions under which HMRC will not agree to a CVA involving tax evasion or unpaid tax. Rangers CVA fortunately does not breach these conditions, Craig Whyte selling his shares removes one obstacle and no preferential status to unsecured creditors solves the other. HMRC policy is clear( read it), they will treat each case on an individual basis and will agree to CVAs if all conditions are met. Rangers meet all the conditions,subsequently it would be perverse to turn down the highest offer to the creditors.

HMRC turned down a 10 million settlement from a going conern with the intention of collecting the whole amount. Rangers if you have noticed is no longer a going concern, it is bankrupt. They will agree to the CVA.

Anorak.

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If the stadium was worth 50 million in liquidationt hen why has D&P not received a liquidation bid of 50 millon ?

In fact why has the administrator not received any liquidation bids for the assets in 3 months ?

Simple, the assets are not woirth anything to a non-football party, their only value is to a football concern and nobody is offering 50 million for the assets.
Bill Miller offered a quantum figure of 18 million for the assets under a newco and then withdrew. I think it is safe to deduct the value of the assets is less than 18 million. TBK-BK value them at 11-12 million.

Anorak.

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Yes anorak im sure they will accept a cva os some sort but not less than 20p in the £1 which is £16m min.

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12 May 2012 13:43:31
Ed any word on a statement coming today mate, or any word on anything really ?
PaulRFC {Ed014's Note - Sorry Paul I doubt anything will happen today.

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12 May 2012 13:43:54
dose ne one no if there is tickets left for tomowows game

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There is. I stay in Perth, not a Rangers fan and my mate's just popped in with 2 tickets for tomorrow's game. They are only available in the St.Johnstone areas or the main stand. You can get a ticket, just make sure you don't wear Rangers scarves.

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Be plenty getting sold outside the ground prior to k.o always is up there

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Cheers when is the ticket office open

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How much do thay roughly cost out side

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12 May 2012 13:02:49
...And another thing. With all the mud slinging that is going on, why don't D&P just pick a bidder, then tell us exactly why they chose it and why it is better than the other bids...? It can't be just about cash, it has to be able to work! It's gone WAY past the "keep your cards close to your chest" stage of the bidding, we are about to vanish FFS, so just speak out, stop the confussion in it's tracks AND GET THE DEAL DONE. Yes yes, I understand they have to do what's best for the creditors, but to do ANYTHING for them they need a feck'in buyer, so who is it to be, and why?
BB

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The problem fellow bear there creditors wanting paid huge debts playing staff non playing staff running costs and still running at a loss who in their right mind will buy our club with the dire situation we are in its needs real investment not 11 million pounds this isnt enough to start

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I understand that bud, but even if it means liquidation, it still needs a "buyer" to operate that process. So who is it to be and why them? In other words tell us whats going on...
BB

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Yes they need a buyer that makes it work. BUT...they dont care how it works after they have got the creditors the best deal they can. So if for talking sake this new consortium's offer guarentees more money in the pot to go to CVA for creditors but are a bunch of clowns who couldnt organise a piss up in a brewery. That is not really the administrators problem as long as they pass the fit and proper persons, due dilligence. Sad state of affairs but true unfortunately. I think that is what is happening here. And is why TBK havent succeded in buying Rangers.

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A newco bid does not have to work for the administrators to accept it, its not the same as a CVA. A newco bid just has to give the creditors a better return and it will be accepted.

I don't believe a newco will work, the newco sanctions and EBT penalties will put the newco back into administration within a year.

How many Rangers fas are going to watch an affordable but average Rangers, where they are prevented from finishing 1st due to point deductions and there is no point in finishing 2nd, 3r or 4th due to a European ban ?

I just do not see the incentive for 45,000 fans to turn up for 3 years to watch Rangers basically playing to avoid relegation.

Anorak.

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12 May 2012 12:43:19
K, I've said this before, I'm not the brightest bulb in the chandelier, so with that in mind, could someone let me know who the "household name with strong Rangers connections" is who D&P say is at a very advanced stage in the buying process ? Read the papers, searched the net... still none the wiser! Souness et'all are with BK, so it's not them. Help...?
BB

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12 May 2012 11:14:39
calling all teddy bears,surely we cant allow charles green in ibrox for 1 lookat the mess we are in at the moment and charles green has a very checkered past and we really dont need him at ibrox,we need someone who we can trust to get us out of this mess but i fear that time as past now that mr murray and kennedy have withdrawn i am not happy with duff and phelps handling of the bidding and tell me how much have they accured now in there pockets come on its time for them to get out of ibrox angery bear watp

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Hows does not allowing mr green not to save us just because u dont u dont like him help rangers. fans like u already scared 1 potential new owner off. if he come in and saves us thats good enough 4 me .

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The watp attatude is through fans like you no wonder nobody wants to buy us with this stupid attatude im sick to death of the watp brigade no wonder people dont like us

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What exactly has this green fella done wrong? I recall Kennedy being slated by Stockport fans. Now he's our only hope. Don't know who is working with green. Give em a chance.

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We are in no position to say who is or isn't going to take over Rangers, if he can put Rangers back on an even keel then thats good enough for me, this consortium is now our only hope, lets get behind it and show them that Rangers have the best support in the world, no more pathetic, childish emails, comments... WATP

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Agree with above posts , guilty until proved innocent clowns, I don't know how it will pan out but let's get behind anyone that wants to save our club

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I seriously think some gers fans need a reality check. You say BK'S are what the people want, (hate that saying) but i ask you is it? Paul Murray knew about the ongoing financial crisis at gers as a director, yet done and said nothing, new about ongoing tax evasion, yes true!!. Then we have Walter, i know held in very high esteem at Ibrox and rightly so, but again will be found that he too was on an EBT as was Souness, the Boumsong transfer is the one that caught the eye of HMRC and thus leading to an ongoing investigation of EBT's, which i may add you have been found guilty off, it's only now how much the taxman recoup's that is to be decided. So do you want 3 men with a clear history of cheating and turning a blind eye, or someone new, maybe with a history of stripping clubs to bear bone, keep things tight etc, but no tainted past, so what if he wants to make a fast buck and sell you on, if he stables the ship and makes a profit, then why not, the bunnet done it!!.

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EBT's did not start till about the year 2000, Souness left in 1991,so how could he have been on EBT's ??

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Can the poster above please post a link to the EBT tax evasion guilty verdict from the HMRC please as I have not yet seen it. {Ed014's Note - This has been covered multiple times.Rangers are appealing the size of the bill, fines and penalties.

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I would be happy for mr green or anyone with the proper funds to buy the club we have no other choice its attatudes like this that put off mr miller from buying the club and for watp attatude grow up we want the club saved how dare so called rangers fans put off potentials buyers its our club too

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Not happy with green? I know, you and your WATP buddies write him a few wee emails eh?

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12 May 2012 11:00:54
Duff & Phelps spokesman said yesterday that Liquidation would provide more to the Creditors than the Blue Knights bid. That is the reason why the had to say no to their ultimatum otherwise they would be failing in their duty which is first and foremost to the Creditors.

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Bill millers package was 11.2m, BK and TBK's was 11m. sorry am not buying dumb n dumberer's excuses any more. every day that passes they r being found to be more n more incompedent. :(

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They are just trying to drum up as much sales as they can. They have priorities -
1. To their employers (milk it as much as you can while seemingly trying to obtain best deal)
2. Get best deal for creditors (including us see point 1)

3. Taking over a really lost cause as there are too many negatives (see point 1)

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TBKs bid was nowhere near 11 million. Bit of a quantum leap to have Champions league quarter final revenue as part of the bid.

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TBK's bid was apparently based on getting to the CL quarter finals next season! How could that be taken seriously?

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At last correct poster a honest post

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Liquidation may get £50million from say aeg for Ibrox.... So hmrc and many others get paid more than any

Penny in pound deal.... From bk or ng or ?

Hmrc and others get to vote on any cva, if they don't like it, it's liquidation

So real bids with a chance of success are at the 60-70million level, those as 2..12million are jokes , d&p get first 2million of any deal- well done Whyte your pals get rich qucik

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TBK's have really went down in my estimation with that CL quarter finals nonsense, we couldn't get past jokers like Maribor who were a pub team in Europe last year and as far as I know, we're not even in Europe for the next 3 years!

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12 May 2012 10:05:14
It would seem to me that Murray ( as suspected ) was being held by the short and curlies. His decision was protect Rangers or protect his family!

He chose his family. Can anyone be blames for that?

However he lied when doing it. He knowingly gave the keys to the man who robbed us all. Almost the greatest swindle ever in football.

Because of that Murray has destroyed all our memories, forget the EBT's that is still undecided, however they would be the final nail in the coffin.

I believed the Administrators were doing a good job up until the last couple of weeks. If they had been transparent to us and the players to some extent and delivered the proposed plans asking who we would want in. I think we would all be looking for the Knights with Smith and Souness ( if true ).

And now we have Green! Big names who were going to blow us all away!!

WHO? Who the hell are these guys?

Our club is gradually being taken away from us all people. It looks helpless.

THE BANKS (WHO PUT US IN RECESSION)
MURRAY
WHYTE
DUFF, PHELPS

GREIG AND MCCLELLAND - They are a disgrace, they watched Whyte do what he was doing and all they did was walk away!!
WALKED AWAY WITH NO WORD TO ANYONE!!! THEY MAKE ME SICK!

THEY HAVE ALL DESTROYED US!

GDog
WATP

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Dont believe everything you read in the papers! Especially about John Greig. Bet you wouldnt risk your job to blow the whistle cos ur gaffer gaffer was tax dodging!

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Well according to rumour John Greig was talking 100,000 pounds a year in salary when he left, or until the gravy train was about to stop so agree with the original poster that they got enough out of the club then walked and kept stum

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Directors (like Greig) are legally compelled to report intentional misgovernment and fraud

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I vos just following orders....... Is not good enough.

If someone had the rocks to stand up and was counted you wouldnt be in this position.
Then you wouldntve had the trophies.

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"Dont believe everything you read in the papers! Especially about John Greig. Bet you wouldnt risk your job to blow the whistle cos ur gaffer gaffer was tax dodging!"

He resigned anyway so why not collar Whyte or blow the whistle?

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They had NOTHING to loose by shopping him. They, certainly Greig was supposed to bleed blue!!!

He's done what I suspected most of them did for so long. Take take take!

All of our money had been taken for granted and disposed of as they saw fit, in their own pockets.

They are no better than thieves, no better than government, all wanting the footballers life and no accountability!

EVERYONE OF US HAS BEEN STITCHED UP LIKE A KIPPER.

To be honest I couldn't stomach Paul Murray coming back, however Kennedy looks the real deal, and if Smith and Souness were part of the future then I would have put up with P Murray.

I include myself in this, we are all standing around watching, watching another bunch of no-hopers in Green potentially take control.

WE HAVE ALL BEEN KEPT IN THE DARK FOR 20 YEARS!!! ARE WE GOING TO BE KEPT IN THE DARK FOR ANOTHER???

GDog
WATP

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A lot longer than 20 years , mate. we are getting to the truth of the matter . it is rangers and rangers people who got themselves into this mess Read the record . Stop blaming SFA, SPL , Celtic, Politicians . You don't need to look outside Ibrox !

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Read my post I dont mention Celtic or anyone else. Back of to your own page.

GDog
WATP

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The banks never put You in recession, The club were spending more than they were earning, The Rangers were trying to buy the Champions League, which would never have happened, as they are just not good enough. I wish instead of giving it WATP Rangers would hold their hands up, and say we are wrong, we will accept our punishment, and build ourselves back up again, even if it takes a number of years, Because they just ain,t that special!

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Think that you'll find the country is in recession (two quarters(three months) of negative growth)and the banks are largely responsible. Rangers are in administration(inability to pay ones bills) you will see there is a difference. now please stop posting here as in a battle of wits you are clearly underarmed. There is a site which deals with intellectually disadvantaged like yourself called celtic rumours. leave those of us equipped to use big words

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Thought you lot didn't do walking away, and as for back to ur own page, iI believe this is an open forum?

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To those of you equipped to use big words try these. Liquidation, tax evasion, larceny, irresponsibility, petulance.

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12 May 2012 09:07:50
Surely there must be an investigative reporter out there somewhere that is going to look in to everything that has happened at our club over the last 12 months. Exposé whyte duff n phelps, all these bids and non bids, who's been linked to who with past business deals etc. like the guy who did the report on whyte for the bbc programme! Blow this whole thing wide open so the fans are actually told the truth about all this! I'm jst getting sick n tired of let Down after let down!
Big C

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Alex Thomson has been doing this for the past couple of months now ..but what he has found out and reported has not suited the Rangers fans and is therefore pilloried as a timmy..also the rangers tax blog likewise its not what you want to hear so it isnt trrue....you dont want a reporter to investigate you want someone to tell you what you think and what you believe is true...not the truth as it is but the truth as you want it to be...johnny G

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You're dreaming if you think it's only the last 12 months that need looked at. Whyte's an ideal blame figure but little of this is his fault.

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Has either alex thomson or rtc looked into the handling of the administration process by D&P and their links to Craig Whyte? I thought they were concerntrating more on the tax side of things?

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I think Rangers have had enough embarrassment in the past while, sending in an investigative reporter might turn up more than we need to know. We need to learn from the mistakes that have been made and rebuild in the third division. In maybe 4 or 5 years time we may be able to hold our heads up and be proud of what we have accomplished and not ashamed of our deceitful past.

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How is little of it Whytes fault? He withheld the payment of PAYE and NIC and that is what Rangers have so far been proven to be at fault for. He said his wealth was off the radar, so if that was the case why didnt he pay the tax and follow through on the numerous false promises he made. A lot of this along with others is Criag Whytes fault.

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Wed May 23rd, BBC 1,mate.Mark Daly part 2.What an investigative reporter does.SDM in the firing line I'm told.A lot of bad news coming for RFC I think.

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The club has been milked dry over the last 10years even sdm has lost millions we are reaping what we sow its the clubs own fault im sick to death of it all the money i have spent over the years

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It is the fault of the people in charge who made the wrong decisions. It is not the fault of the fans who have no say in the running of the club. Murray has gotten it wrong and dug a deeper and deeper whole. He has then handed the club of over to about the worst person possible.

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Thompson is right this isnt the same club i supported as a boy lies deceit dodgy dealings fans being led up the garden path this is certainly not the rangers i know and love fed up bear

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What about Traynor, King, Jackson, Guidi, English, Spiers and Keevins, surely they could apply their journalistic skills to investigate. I suppose we have to wait until the succulent lamb is digested

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After the last time there was an investigative piece on the BBC RFC fans had protest marches because the BBC were 'out to get them'

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12 May 2012 08:29:22
If D&P have to do what is best for the creditors and accept the highest bid the why aren't they doing so. It's very simple who has bid the most, "have the keys".
If it is not that simple then why?
If you bid (and it is accepted), you buy !
If you don't buy or ask for more time then your bid obviously is NOT a bid at all, if D&P did this from the beginning working their way through the prospected buyers then this would have been resolved by now (either new owner's would be in place or there was no real bids).
Sorry but it really IS that simple...

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You have a very poor understanding of a very well publicised process. D&P have only had one acceptable offer with out any conditions(BM). They are aware that there will never be an accepted CVA from the TBK bid as liquidation is worth more. Everyone else has had some sort of condition. D&P are not about save Rangers and give it to their fans favourite bidder they are about facts and figures. What appears to be the greatest fact is the only way D&P could have done this earlier would have been to liquidate there is no nice comfy way out of this without recompence and austerity. At some point th finger pointing has stop and a realisation for the fans that they have simply been let down by its own the directors and owners of the club!

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Exacty how we got whyte

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