Rangers Rumours Archive April 17 2012

 

Use our rumours form to send us rangers transfer rumours.


17 Apr 2012 23:02:50
What on earth was the Blue Knights plans for Rangers?Seems to me that a group of "rangers minded" businessmen wanted to gain control of the club using fans money! As of now there seems no way of avoiding liquidation,factor in the UEFA licence needed to play in the SPL(which a newco would have to wait three years to attain) and the picture is bleaker than ever before.This is now looking like a long,long road back to the SPL.

Believable36 Unbelievable9

The uefa licence is only required to play in europe. not the spl.

we all know newco wont play in europe for 3 years.

the spl have created a path for us to retain our history and albiet with penalties, carry on.

Agree0 Disagree0

They aint got the cash end of

Agree0 Disagree0

Is the UEFA license not just for Europe?
DaveG

Agree0 Disagree0

Uefa would grant the licence to play domestically but not in europe. i hadnt heard of this till yesterday but seems a bit daft

Agree0 Disagree0

Everyone stop and think, TBK could not put up 500,000 between them, so why should they get our backing. I am waiting for TBK to suggest that the fans put it up, and you know what? they will and we end up with nothing to show for it.

Agree0 Disagree0

Wrong ! No club can play in spl without a UEFA club licence
Fact!

Newburgh"

Agree0 Disagree0

THe question is, why are D + P charging half a million non refundable deposit just for preferred bidder status, D + P are as bad as the guy they are working for, Craig Whyte. It all stinks.

Agree0 Disagree0

It doesn't stink, its just most folks are not experts on complicated administration processes and keep quiet.

Agree0 Disagree0

Non refundable deposit designed to sort out the time wasters - obviously it did.

Agree0 Disagree0

17 Apr 2012 22:50:54
All this talk of cheats and deception,how our club has treated the rest of scottish football,and how we have not paid our way, but its not we the fans fault, we have paid our way for generation to generation, we have paid for each and every seat at each and every game with our hard earned cash, we have subscribed to the club paper, tv station and supported it with loyalty and belief, the sad fact the people cheated most by this mess is our own , we need a conclusion to this all now, we need to get back to what it should always be about , the football.
wibblyblue

Believable41 Unbelievable12

Agree with you - the most cheated are the loyal Rangers fans so why is there not more anger at the people who did this?

Too much lashing out at any criticism of the club and it's past ways.

Agree0 Disagree0

Well said,from a celtic fan...algarvebhoy

Agree0 Disagree0

The fans did not cheat anyone - but het the club did more ways than one

Agree0 Disagree0

Rangers fans have been treated with total contempt

Agree0 Disagree0

At last the most sensible post ever posted on the RANGERS rumour page in its whole entire HISTORY. TOTAL TRUTH

Agree0 Disagree0

You are right the fans cheated no one but they are left not knowing whats going on, being fed rubbish . Well it is said being loyal comes at a cost and what a bl##dy cost to the fans who paid their way only to be duped by those they trusted. Maybe by Friday you will get some information that is positive and not more B/S...all the best A Celtic Fan

Agree0 Disagree0

Dont you get it yet? fans are now seen as a cash cow, to pay for a lavish life style for a few.....don't believe me? then why can't TBK put up 500,000 between the millionaires, because its their money and not ours

Agree0 Disagree0

Nice post mate,but id like to say the fans have sat back and took this s**t,if our club goes then we havev done nowt we let it happen,we raised £300000 in rff which id like to congratulate them on doing but its a drop in the ocean,can you imagine your life without rangers football club

Agree0 Disagree0

I remember when the talk was that the Celtic Board were fleecing their fans, it looks like they were only playing at it. Rangers have fleeced everybody

Agree0 Disagree0

Gers fans can not have it both ways, you can not attach yourselves to a successful club and make superiority claims like, " simply the best ", " we are the people " and " we are the champions ", and then when your club fails miserably, its nothing to do with you.

Failure by association is as relevant as success by association, you must learn to live with this failure, you are no longer the people.

Agree0 Disagree0

Wibblyblue I have a good deal of sympathy for youself and Rangers fans like you but there seems to be an involuntary defense mechanism in a lot of Rangers fans that made the current predicament almost inevitable. Something that Murray and Whyte both appreciated and exploited. Your unswerving loyalty and a pandering media meant, to be honest, that no one was asking the difficult questions. Any criticism was seen as Timmy propaganda regardless of its source. Whyte played on this from day one, leading to the immortal line which I've mentioned in here several times before "ICWT". Murray practically bought the silence of Scottish journalists by stuffing their faces with "succulent lamb". As I've stated before I'm a Celtic fan, I think fanzines like Not The View did my club a power of good, it questioned everything that pathetic excuse for a board at Parkhead was doing in the early 90's. I'm not saying he would have acted any differently but when Fergus McCann took over he already knew anything he did would be heavily scrutinised. I think that has made all Celtic boards since a bit more aware of fan power and their own accountability. Regardless of the damage previously done by Murray the day I would have got worried as a Rangers fan was the day John Greig walked. Don't buy into the hype would be my advice, don't get sold on utterly nonsensical soundbites "In Craig We Trust", "We Don't Do Walking Away". And rest assured, if it is in Bill Ng's best interests he will fold Rangers in a heartbeat, you will be given some sob story like "The situation was much worse than we appreciated, blah, blah, blah" That's what due diligence is for, everyone and their dog had access to the accounts several weeks back, 276 creditors and the potential of the Big Tax Case looming, the quandary as to what exactly is Ticketus legal standing, no European football next season, endless investigations into conduct under Murray. Even if you get Ng to swear it in his own blood I wouldn't buy into it 100%. Short of raising cash I cant see how Rangers fans can do very much currently but from the establishment of the next board onwards subserviance and blind faith wont cut it.

Agree0 Disagree0

Sorry that long post was from Gaz lol.

Agree0 Disagree0

"Gers fans can not have it both ways, you can not attach yourselves to a successful club and make superiority claims like, " simply the best ", " we are the people " and " we are the champions ", and then when your club fails miserably, its nothing to do with you.

Failure by association is as relevant as success by association, you must learn to live with this failure, you are no longer the people."

...........................

Da peepul have said they have 200,000 loyal wordwide - just divvy-up the £134mill back between them then all is sorted and back to business. Simples

Agree0 Disagree0

I sympathise with the plight you guys are going through but I don't remember you guys having much sympathy for Airdrie when you had your good times and SDM was the hero who had brought you all the glory.

SDM:"I apologise to Airdrie's supporters but something had to be done about this debt. Business is business and Carnegie Sports also have wages to pay."

Agree0 Disagree0

Gaz your right, Murrays PR had doped too many for soooo long. They were conditioned, & those who spoke up where too few & too late.

To original post. The supporters invest multi millions, what has whyte invested? £1! For all murray spent, the debts he left behind cancel that out. So why the hell are the real investors WE the supporters being held to ransom by these cheap spivs. Dumb & Dumber treat us fans like we don't even exist! Yet look how much WE are giving them!
It's we the supporters that have to come up with something to sort this out, as its clear that the suits cannot be trusted!

Agree0 Disagree0

Whilst Bears fans cannot be held personally responsible for the misdeeds of their Club, they equally shouldn't be whingeing when said Club is brought to account/penalised for it's misdoings. It's equally not the public's fault that they got away with stealing £100 mill of public funds before being caught for yer dreams of European glory

Agree0 Disagree0

The fans were very gullable - they believed minty would fork up every time

Agree0 Disagree0

We the fans are the life and soul of the club, yet we are being shut out and kept in the dark, we hold up red cards as a protest, and hold our breaths and hope it will all be ok, i love my club and I for one am angry, we need the answers now! we need an end to this we need to be given our voice and our place, we need to get off our backsides and let whoever gets the club that they are only the custodians and the that the club belongs to all its people, Wibblyblue

Agree0 Disagree0

Rangers fans were given the opportunity to be the life and soul of the club when SDM offered shares in Rangers to the fans.

He ended up buying 85% himself, the fans did not want to be the life and soul of the club, you are now reaping the rewards for your disloyalty and apathy.

It makes one wonder what motivates Rangers fans, and it seems to be associating themselves with power and success.

The feel good factor is over, lets see what the real Gers fans are made of.

Agree0 Disagree0

17 Apr 2012 22:32:11
Duff and Phelps issued the following statement:

Paul Clark, joint administrator, said: "We would like to inform all Rangers supporters that today discussions have been held between members of the administration team and the two remaining bidders in the sale process.

"A number of issues have been examined and we have made it clear to all those involved in the bidding that it is of paramount interest to the football club that a satisfactory deal be concluded without any further delay.

"It is our intention to announce a preferred bidder this week and we can assure all supporters of the Club that we are doing everything in our power to make that happen.

"We can also confirm that we have instigated legal proceedings against Collyer Bristow, the former lawyers of the Club, and The Rangers FC Group Limited in the High Court in London for substantial damages suffered by Rangers Football Club."

Believable14 Unbelievable8

More smoke & mirrors

Agree0 Disagree0

Look D&P asked for 'BEST' and 'FINAL' bids. Now that Kennedy and TBK are out, they cannot get back into the game. They had their one shot at it and their bids failed.

Strangely Ticketus have denied TBK statement that they have a better deal with Ng. And Ng denies he has an agreement with Ticketus. This leads me to believe that Paul Murray is telling porkies. He couldn't scratch the 500k and made up that ticketus joined Ng.

Agree0 Disagree0

Think it the total debt owed to Ticketus, now they know they cant put that debt on CW so try and put it on them

Agree0 Disagree0

More money on legal fees for D&P!

Agree0 Disagree0

More smoke and mirrors from d&p, not a chance in hell of getting anything from c&b, even if they do where do you think the money would go?

Agree0 Disagree0

Will someone tell me where all the money for this action and the legal fees is coming from as the club is supposed to be short of cash?

Agree0 Disagree0

17 Apr 2012 20:02:22
Its very clear from comments in the media Rangers do not have any money to continue much longer than the end of the week. Even with a preferred bidder there is a few weeks of due diligence. If the bidder then decides they want to go for it they have to propose a CVA which all creditors have around 4 weeks to mull it over. Were talking at least another 6 weeks!

The administrators are keeping the fans in the dark! Whts happened to the fighting fund have they spent it all cos its al went quiet there too?

Believable18 Unbelievable14

Fighting fund ? How much did it in up there was talk of £25million at times
How much did it end up?

Agree0 Disagree0

The fighting fund pays for d&p to continue, thats all.

Agree0 Disagree0

Perhaps they have paid off the moneies owed to the small traders in Milngavie

Agree0 Disagree0

Last I heard it was like 330,000

Agree0 Disagree0

I think this is too big a conclusion to jump to, I doubt the 500k was to pay the bills, the administrators stated the pay cuts woud take the club to the end of the season, its not the end of the season, they could not have miscalculated by this degree.

Agree0 Disagree0

Perhaps Celtics obsession with Rangers will stop if Rangers liquidate....or mibees naw.

Agree0 Disagree0

The FF pays for d&p to continue? Don't think so, do they not get paid last? I think the FF is to get the club through the season

Agree0 Disagree0

Most probaly why the administrators are pushing to sue CW lawyers for £25million which the believe should apparently be in Rangers account. Chins up lads!

Agree0 Disagree0

What rocket thinks D&P get paid last you people must be the thickest supporters on the planet.

Agree0 Disagree0

It has already been stated that the players drop in wages has allowed all remaining fixtures to be fulfilled. What has changed?

Agree0 Disagree0

D&P published accounts showed they made a loss over their time at the club with D&P fees alone being larger than all income. So what pays for all the other ongoing bills?
Answer zilch, da nada, fresh air,.....
The accounts showed £3million cash only....that's blown already.

I'm sure the guys running the FF are understating the money going in there also!

Agree0 Disagree0

How do fans find out how much has actually been gathered in the fighting fund. The official RFC site only has mention of it being launched and not much else.

Agree0 Disagree0

Walter and Sandy run it.
Walter has told some big pork pies in the last few weeks (perfectly well run club up until Whyte?) aye right Walter, jog on son.
So who can we trust?

Agree0 Disagree0

Motherwell fans raised more

Agree0 Disagree0

Its not a fighting fund its a folding fund.

I hope you lot are as relaxed and laid back when rangers liquidate, what an infective fan base.

The fighting fund is just delaying the inevitable by funding d&p.

as for getting 25 million from cb, lol for what ? CW bought the club fair and square and sdm must have known more than he lets on.

Agree0 Disagree0

Cw didnt buy the club fair and square you moron.it has been well documented that he didnt fulfill his obligations to the club.he signed a contract stating that he would invest in the club,stadium repairs etc.sdm stated that questions were being asked of his commitment to the club towards the end of last year.where was the cash he promised.by that time it was too little too late.questions should have been asked before the start of the season when the promised transfer fund didnt materialize,and the forced sale of players which should have sounded alarm bells.instead mcoist was being slaughtered for his tactics,team selections and players he brought in.meanwhile cw was plotting the downfall of the most succsesful club in football history.

Agree0 Disagree0

17 Apr 2012 19:22:18
ha....duff n duffer have started legal proceedings against whytees legal firm for substantial damages incurred to the bears....25 mill.....brilliant tactical move that may well include the words "checkmate".....long drawn out affair but they wouldny do it withoot proof.....whytees goin down.....drop yir pound n take off ....deecee

Believable22 Unbelievable18

Take at least 2 years to sort out. Don't hold your breath for quick out come.

Agree0 Disagree0

1) How long is that gonna take? Rangers need a buyer or investment not a long drawn out court case.

Agree0 Disagree0

More stalling tactics...think about it, These guys d&p were hand picked by Whyte, why would they be starting legal proceedings against their master? it seems all smoke and mirrors to me to get the club to the end of the season and fufill their fixtures. If HMRC had got their way back in Feb 14th the administrators they wanted would have sorted this mess out alot quicked alla Motherwell style, quick cull of players and staff then go from there short and sharp.....think about the first 24 hours at motherwell, then 24 hours at rangers? administrators compromising with players wages?? Really? I bet the Motherwell players would have loved to negotiate....makes you think doesn't it?

Agree0 Disagree0

We also need justice. These schister lawyers and the puppet master Whyte need to be brought to justice. Robbing baskets the lot of them! LB

Agree0 Disagree0

How they going to pay ? Could take years I think RFC now in deep s**t ! This is getting worse by the minute .

The end is nigh!

Agree0 Disagree0

What has whyte done wrong. He bought rangers for £1, borrowed from ticketus to complete the deal.

its like arranging a mortgage, going for a house, if you get the house you take up the mortgage and if you don't the you do not take up the mortgage.

you guys are sleep walking to liquidation and hanging on every story thats thrown your way.

Whyte has done nothing wrong, the real question is who else knew what his plans would be sir ?

Agree0 Disagree0

Motherwell = quick, you mad, motherwell were in admin for 2 years, although the admins are acting a bit shifty, players staying on severly reduced wages is better than getting rid of a lot of players, it would make sense to get red of someone with resale value if a buyer coming in would need more money to replace that player plus the obvious point that they would bring in money when the transfer window opens.

Agree0 Disagree0

Best form of defence is attack......ha...deecee

Agree0 Disagree0

This is more smoke&mirrors from D&P immitating they are not on Craigys side.
It will come to nothing.

Agree0 Disagree0

Hey read the post again about the cull at Motherwell.....it WAS a QUICK 24 HOURS, where the Administrators came in and QUICKLY culled the wages, players and staff at the club. There was no messing about negotiating wages for players.keep the prized assets and let the rest go. not like this mob...smoke and mirrors, you can lead a horse to water but a pencil must be lead sort of thing...

Agree0 Disagree0

To the guy who asks what craig whyte has done wrong it is illegal to borrow money to buy a company against its assetes which in this case was future seats through ticketus thats what he did wrong now he must pay the price for breaking the law

Agree0 Disagree0

Whytes appointed administrators suing his lawyers-- there all in it together. rangers and there support are being shafted bigtime

Agree0 Disagree0

Collyer Bristow is an LLP which means that even if it lost a £25m it can put itself into administration and liquidation put in place a CVA or pay hee haw to its creditors and the partners can emerge unscathed.
#ironic

Agree0 Disagree0

To the guy who asks what craig whyte has done wrong it is illegal to borrow money to buy a company against its assetes which in this case was future seats through ticketus thats what he did wrong now he must pay the price for breaking the law.
----------------------------------------
Craig White bought RFC for a pound, he did not need to borrow money from any asset to acheive this. You are wrong.

FYI the future ticket sales are not an asset and this has been confirmed, he borrowed against future sales which is neither wrong nor illegal. The fact he made this arrangement prior to the purchase is neither here or there, he could not have signd the agreement with Ticketus until he owned the shares.

However it seems both CW and his legal team were economical with the truth in informing RFC and SDM the source and nature of the 25 million they were investing in the club. It depends what conditions were put in the sale agreement, but if I know lawyers it would have been vague enough to conceal the source and nature of the 25 million funding. It may be the cheque from the lawyers for 25 million shown to SDM as a sale condition was technically not valid until after the sale. However since both deals were in effect signed on the same day I think D&P are being optimistic in declaring this as a funding misrepresentation.

Agree0 Disagree0

Wake up folks, if D&P were acting soley in the interests of CW then they are hardly likely to sue CW''s legal team.

Agree0 Disagree0

Doe`s anyone believe that the Admins will get a cent from Whytes lawyers? Its a stalling tatic used by D.P. And a good money making one for them! What about ticketus are they next (again) on the admins list?

Agree0 Disagree0

D&P can not get a CVA agreed until the debts of the company are formalised, this includes the BTC figure.

They are not stalling anything until this happens.

Agree0 Disagree0

17 Apr 2012 19:15:20
Rangers Administratirs D&P are suing Craig Whytes takeover solicitors Collywr Bristow for £25million.
CB call the move highly speculative and shall robustly defend the accusation.

(more smoke and mirrors and legal cases from CW his lawyers and his administrators?).

Believable20 Unbelievable4

It's all Craig's boys drawing out the financial demise of our beloved Gers. D&P suing lawyers using their Lawyers on hopeless cases. Keeping S&P at Ibrox longer and everyone taking Rangwrs pennies.

Agree0 Disagree0

Intresting route to take, the question I have is how does the club pay for the lawyers fees and the QC fees if the money is running out?

Agree0 Disagree0

Sounds desparate. Lawyers suing lawyers - that can only mean both are on the make.

Why has nobody said anything about accounts? The CB account with £3.6m should, apparently, had much more than that. Where is the money?

Agree0 Disagree0

Its quite an interesting move, its obvious the lawyers issued a cheque for 25 million made out to RFC as proof of funding, which may have been a condition of the £1 sale.
I think the problem being the 25 million did not technically exsit until after the sale of the shares. In effect the lawyers acting on behalf of CW were misrepresenting the existence of funds that could not exist if CW did not own the shares. The resignation of the lawyer involved tells me there is a case against the legal firm. It does not matter if CW signed the Ticketus deal 30 seconds after handing over his pound, he did not have 25 million before he handed over his pound. The lawyer acts as a middle man in fnancial transactions and this was two deals going through on the same day, but and its a big but, these two deals were in the wrong chronological order to be both valid and true.

Agree0 Disagree0

Since the funding was made available after the sale, there is no breach of conditions of sale. The issue is really about the misrepresentation of this funding. Its a technicality but maybe an important one, what would have happened if CW had bought the shares for a £1, and then the Ticketus deal collapsed, the cheque shown to SDM would be worthless and the condiions of sale breached.

Agree0 Disagree0

17 Apr 2012 18:57:48
D&P going after Collyer Bristow for £25m for negligence in relation to CW takeover.

Source: reporting Scotland

Believable12 Unbelievable6

So it's taken them this long to sue whytes lawyers why didn't they press at start for this. So tired of then about less words more action please. I honestly beleive they are stringing this out so that eventually we won't be able to fund there thousands a week they costing the club for what more deadlines passed and went

Agree0 Disagree0

Heard today from a mate thats a steward that the players have now informed the manager they want a meeting to discuss their commitment and the lack of movement on a buyer.Do you blame them.This is absolute murder

Agree0 Disagree0

More conspiracy nonsense from frustrated gers fans, stop trying to blame this complete fiasco on the people paid to sort it out. The legal dispute is over a law firm showing a cheque for 25 million as proof of funds and the funds were conditional not actual.
CW had an agreement with Ticketus for 25 million once he was the owner, the lawyers misrepresented the conditional nature of the funds and the cheque.

Agree0 Disagree0

17 Apr 2012 18:09:25
Ally McCoist pressing D&P to end uncertainty and appoint preferred bidder saying team has guys leaving and needs new players and needs to plan pre tours before next season. Also 75% wage reduction to address.
Ally needs to work with those with exclusivity ASAP.

Believable10 Unbelievable6

Pre tours new players are you serious

Agree0 Disagree0

Think there will be job losses before removing any pay cuts. Safe assume RFC will have to suck both. no option as administration and club costs have run too long and now with potential reductions in revenue for next season as result of new SPL rules, Ally needs to be looking at tightening not loosening the belt.

Agree0 Disagree0

Pre tours? Aye that'll be the mystery bus tour to ayr or fife away ya baw heed !

"briggies "

Agree0 Disagree0

Lol, new players, no chance, liquidation looms.

Agree0 Disagree0

I think Ally is being just a tad optimistic, the party is over in terms of new players.
The first thing any new owner will do is sell all the high wage earners and buy low wage earners. RFC was being run at a 10 million loss if no CL group stages, there is no Europe next year, and there may not be Cl stages for some years ( Celtic 2008).

Forget liquidation, if the CVA bids did not offer more to creditors then why ask for a 500k deposit from CVA bidders ?

All ths nonense about HMRC not doing deals, of course they do, they make deals involving tax avoidance all the time. They are not going to forfeit 10 million of tax payers money out of some obscure principle. HMRC will settle.

Agree0 Disagree0

HMRC will not settle.really.its about time you guys started reading the tax case blog.the guy has been spot on in everything so far

Agree0 Disagree0

Ally did say all OP on bBC website.

HMRC won't deal with Rangers, they chased them down valiantly, no politician will get involved undermining HMRC unless they want their career finished including salmons and Cameron.

Agree0 Disagree0

The taxman may do a deal with an honest business who were maybe mis led. rangers are srial tax cheaters and the tax man goes the whole way to get the money owed back ore liquidates

Agree0 Disagree0

I have read all the comments on the Rangerstaxcase blog, nowhere does he state categorically HMRC will not accept a CVA, he states it is unlikely however he is not a spokesperson for HMRC.
He is entitled to his uninformed opinion but that does not make it a fact, if HMRC are offered 12 million in a CVA and 2 million in liquidation then they have to accept the highest offer or look like fools. I want to know why HMRC allowed CW to trade for 9 months without paying any contributions, and throwing away another 10 million of my taxes does not disguise their negligence in this matter.

Agree0 Disagree0

I disagree with the idea that HMRC have to take a deal or look stupid.

This is one of the first cases being brought against companies who have used EBTs in a questionable manner. If HMRC let Rangers off with paying a tiny percentage of what they (may) owe then every company will follow Rangers lead and fight till the bitter end knowing they can get away with it.

I expect a zero tolerence approach from HMRC. I am convinced they will block a CVA (which they are entitled to do as they are owed more than 25% by value of Rangers' total debt.)

What I can imagine happening is that HMRC will demand the full amount but agree to be paid over a number of years to allow Rangers to keep trading. I may be wrong but I believe that is what Alex Salmond was angling for.

Mac

Agree0 Disagree0

Mac,

HMRC are not letting Rangers off with anything, they are in administration.
HMRC can not insist that the BTC debt be excluded from the CVA, and if they do not accept the offer then liquidation will ensue costing us tax payers 10 million.
HMRC do not want to let CW off and they will insist he must not be part of any deal.

CW obviously led HMRC up the garden path and made them look negligent, he must have promised to pay all the Tax arrears in the January transfer window and nothing happened. HMRC basically trusted a new owner to pay 9 months arears, I want to know why he was given such a unique priviledge ?

Agree0 Disagree0

17 Apr 2012 17:23:13
Moving on from all the doom and gloom I would like to congradulate the the young teddy bears in the glasgow cup last night.

Believable31 Unbelievable12

Well done to the lads but it looks increasingly likely that these boys may be the backbone of next seasons first team.

Agree0 Disagree0

17 Apr 2012 16:49:16
Ng said there is no deal AT THE MOMENT, the plan appears to be that if hes given the preferred bidder status ticketus will make a deal and be removed from the cva pot, leaving a much later p/£ deal for HMRC that will give us our deal to get out of admin

Believable8 Unbelievable14

The bottom line is all 3 bidders are bottom drawer efforts. None promise a safe future for Rangers and all expect fans to pay big ( like for watching Gazza, Laudrup, Ammo, Mols, etc....) but get dross for 3 years.

Agree0 Disagree0

If you do not involve Ticketus in the deal then it is liquidation.

Agree0 Disagree0

Only a couple of weeks since we were treated on here to bears explaining how bears had very important friends in very important places and how Billionaire Americans and Singaporeans were fighting over Rangers big bright future. Giving it GIRFUY to Sellik fans.
The Blue Knights are out.
Two Liquidators are left.
Ally needs money for summer pre season tour of Australia.

Agree0 Disagree0

Rangers are sucha dead beat washed up outfit, who gives a hoot?
Party on elsewhere, enjoy life, live, love.... Move on.......
This once young love is now a spent old sow that has had too many piglets suck her dry for too many years.

Agree0 Disagree0

Love your optimism "no deal at the moment " come tomorrow there'll be no deal at all!
The bidders are absolute dross
I think RFC will be liquidated and then someone will come in and pick up the scraps ! Years in lower divisions only only 2 winners SDM off the hook and CW a big pocket of cash

Agree0 Disagree0

The day's of players like Gazza and Mols
playing in glasga are over the only reason they ever came was because the rules were bent by some people I.E Sir David.

Agree0 Disagree0

Liquidation is the plan and always has been. You have to get real.

Agree0 Disagree0

And the EBT will be the final nail.

Agree0 Disagree0

I assume the no deal is referring to one between ticketus and Ng?

Agree0 Disagree0

Will Ticketus be sold down the river twice I wonder? If they go with Ng and the company then goes insolvent Ticketus will get nothing.

Agree0 Disagree0

The only problem with including Ticketus is that it could backfire.
HMRC look very dimly on deals which seem to give one creditor a bigger slice or preferential treatment, and of course this is what Ng would be doing.
EG Ticketus could get close to everything they are/will be owed, while the taxman is expected to take pennies/pound.

Agree0 Disagree0

This is 100% ending in liquidation, there is no chance if hmrc win the big tax case they will accept a cva.
they have spent more in four years legal costs than they would get in a cva.
Rangers will be liquidated and if not very very soon they will not even be able to form/buy a newco in time for next season.
There is every chance that there will be no Rangers playing in scottish football next years unless they get the finger out and admit defeat now.
jimd

Agree0 Disagree0

17 Apr 2012 16:26:47
We have not agreed on any terms with Ticketus at the moment," Ng told BBC Scotland.

"At the moment" are the key words here
obviously still negotiating ...

HURRY UP !!!!!!!!!!

Believable13 Unbelievable10

There is no hurry, no CVA deal can be agreed until the company's debts are formalized. This can not be done without the debt figure from the BTC.

This fiasco has at least another 6-8 weeks to run.

Agree0 Disagree0

6 to 8 years at least.

Agree0 Disagree0

17 Apr 2012 13:55:32
Bill Ng denies any deal with Ticketus? More lies let's get a few thousand supporters together and march on Ibrox and demand answers from D&P as to what's really going on!

A noisy Protest is what's needed!

Believable32 Unbelievable15

Why complain to D&P? It was Murray/BK who told press that Ticketus had done deal with Ng.

Agree0 Disagree0

There is too much uncertainty and it has been going on far too long, a noisy protest is a good start, we need to do something as this craziness has gone on way too long. Deadline for bids, deadline for preferred bidders - no more deadlines - we need action!!!!

Agree0 Disagree0

I am disappointed that BK have pulled out of running, I don't feel the Singapore consortium has any idea what RFC is all about, we are not Cardiff City! Let's get a protest going where are the fans leaders? let's get a march through Govan show our feelings!

Agree0 Disagree0

Was that no needed months ago, sleepwalking to oblivion

Agree0 Disagree0

Ok let's all meet up and chip in for a taxi!!

"briggies"

Agree0 Disagree0

What will you protest about?

Agree0 Disagree0

Naw, what`s needed is bills paying.

Agree0 Disagree0

Never trust a man with no vowels, or is it values ?

Agree0 Disagree0

Protest ?

Things are going ok, stop being so impatient, no deal can be done anyway unil the BTC debt is formalized.

If you ask D&P any questions it will cost you about 2 grand, up front and non-refundable of course.

Agree0 Disagree0

Dont forget d&p were appointed by the gangster that is cw!..so its in their intrest to drag this out as long as they can...whilst milking our club for what little we have left.
how many companies have entered admin...and exited again since 14feb...makes one wonder how we are still in this mess over a month later.
ryan

Agree0 Disagree0

If we are going to protest we should do it by not going into ibrox until the game kicks off! all those empty seats before kick off would get the message across, this is what Ibrox will be like if we go under!

Agree0 Disagree0

Im usually late anyway pal ....... We cud always leave 10 mins early instead! Oh subway loyal already thought of that one! LB

Agree0 Disagree0

How many companies have entered admin...and exited again since 14feb
-------------------------------------

How many companies in administration are awaiting the outcome of a BTC ?

Get real with the administrator dragging its heals, the only quick option was liquidation, is that what you want ?

Agree0 Disagree0

Kennedy told Duff and Duffer to get a move on, The blue knights told Duff and Duffer to get a move on, NG told them to get a move on, Ticketus told them to get a move on and name the prefered bidder so they can strike a deal with them, and the Duffers told ticketus to make a deal then they can name they prefered bidder. Stale mate and who benefits from that ?. Duff and Duffer. Catweazle-talkingbone.

Agree0 Disagree0

Once the BTC is over Mr NG will have no say Rangers will die, TRUST ME IT WILL BE GOOD NIGHT TEDDY BEARS, and once again people who want to listen will say told you so.
P.S Remeber a short time ago you's were told Admin was coming and we were all laughed at well who is LAUGHING NOW ?.

Agree0 Disagree0

Come on people, you owe £140million not fifty grand. So far as I see nobody wants to help and you guys want to go on a march!

Get real, you have no right to expect anything now other than the club to disappear. You could then have soirees and watch old games on your cooncil tellies. Where are the 200,000 who went to Manchester. Where are the real fans you boast you have so many that it would be skoosh case to club together and buy your club. But perhaps Rangers only means so little that you might weigh in a pound each. It looks to me that everyone is walking away accept those who want to march to Ibrox. Why not start with the millionaire Ex Rangers players. Mr Hately Mr Fergie Mr McCoist etc etc. All the Boardroom Brigade. I do not see any Scots doing a toss because the probably do not give a toss. A Texan and a man from Singapore who have never set foot in Scotland are the only people on earth who want to sort out the club. It looks like Third Lanark all over again to me.

Start helping yourselves rather than waiting for others to do it for you. Do not get angry with Duff and Co they are only doing what every liquidation expert does. They get paid first always. They will make more than any creditor and are laughing all the way to the bank.

The man with the white raincoat should have motivated the fans to join the Blue Knights to put up pledges of financial support. That together with his stash may have made a difference.

Liquidation is now on the cards and oblivion to follow follow.

Agree0 Disagree0

Hahah I guess a "noisy protest" is much cheaper than putting your hands in your pockets. You had your chance and no true rangers fan in the world has dug into thier pockets. Says it all.

Agree0 Disagree0

17 Apr 2012 13:39:36
BBC news reporting that there is no deal between NG and Ticketus confirmed by NG himself. So why has Paul Murray pulled back from the deal. As fans feel yet again we are being kept in the dark, FFS tell us what is happening this is turning into a complete joke, as for Duff and Duffer what exactly is their remit

Believable18 Unbelievable2

Push came to shove and TBK wouldn't put their own money at risk, not even £500k as a downpayment, couldn't care that much. Ticketus obviously looking for best deal for themselves which you can't blame them for. Annoyed at BK as they have filled Bears with false hope and promises like they did pre-Whyte purchase.

Agree0 Disagree0

If Ng is not doing a deal with Ticketus then his offer is based on liquidation.

Agree0 Disagree0

Cannny believe rangers fans still listen to the BBC ffs one of the chief editors is Ohara the great great grandson of a Celtic founding member says it all good news in press BBC will do there utmost to belittle it Ticketus are in both camps but canny agree a binding deal untill they know who is proffered bidder is

Agree0 Disagree0

There working for Craig whyte trying to get the best deal for whyte the higher commission or bonus they make riding it out as long as possible for there exspencies so at the end everything into the d&p and whyte fund there pRt of this robbing b**tards plan.

Agree0 Disagree0

Paul Murray and the True Blue Knights were demanding some sensible assurances. Firstly that the True Blue Knights would be given access to move quickly to renegotiate the contracts of those players who have low buy out clauses as a reward for taking a 75 per cent wage cut. This is a priority in order that Alastair McCoist can start planning for next season.

Of course the True Blue Knights also, again sensibly, wanted some sort of assurances from those wee sneaks at the Scottish Premier League and the Scottish Football Association, plus UEFA, that there are no more bombshell surprises being cooked up inside any smoked filled rooms. Especially inside Hampden.

The True Blue Knights, as any sound sensible good corporate citizens would, also insisted on assurances from Duff and Phelps that the administrators can deliver the CVA Rangers need in order to escape from administration and go into next season on a level playing field.

Agree0 Disagree0

OMG! last poster; stop parroting that moron leggat! True blue knights? not true enough to show the colour of their cash though eh?

Agree0 Disagree0

This is to flush out bill Ng and eliminate him from the process

Agree0 Disagree0

How can any administrator assure any buyer that their CVA offer would be accepted by the required percentage of creditors, until the debt is formalized ?

Agree0 Disagree0

Blue Knights struggled to "raise" the £500k needed to pay Greed and Greeder, even the administrators are corrupt as f***.

Says alot about the other offers if it was the preferred one

Agree0 Disagree0

WTF has a news editors grandad got to do with this? You did this to YOURSELFS FFS.

Agree0 Disagree0

17 Apr 2012 13:34:54
Ticketus say no deal has been agreed with Bill Ng & they're still talking to all parties interested in buying Rangers.

Believable10 Unbelievable2

Is this chaps name spelt Ng or NG or ng or nG ?

regards:

T-shirt seller.

Agree0 Disagree0

Is this chaps name William Ng, Bill for short ?

Agree0 Disagree0

Clearly still talking to CW the Rangers owner.

Agree0 Disagree0

17 Apr 2012 12:43:49
not really a rumour more of an idea, if as we r gettin told bill ng and ticketus strike a deal to get rangers, the ppl from singapore have said they wish a scottish representative at board level to help with the running of the club. if thats the case why not the blue knights? would be more money? just a thought :)

Believable15 Unbelievable13

CW might still want to be involved and be that representative. Cheaper than buying out all his shares. That really would set the cat amongst the pigeons.

Agree0 Disagree0

More money?
Is this the same Blue Knights that could`nae find 500k
They are a bunch of chancer`s want them no where near the club.
Wish this Paul Murray would just disappear he is Mickey Mouse.

Agree0 Disagree0

Why is it Gers fans think the solution to eveything is more money ?

It was precisely this philosophy that got your club into this mess in the first place.

Try " operate within your means ", you will sleep better at night.

Agree0 Disagree0

But if we had more money operating within our means would be easier

Agree0 Disagree0

But if we had more money operating within our means would be easier
----------------------------------------

lmao, yes but its actually called operating at a loss, and we know how easy that can be.

Agree0 Disagree0

What is Ng short for ?

I blame texting for all this abbreviation.

Agree0 Disagree0

Blue knights? didnt some of them work under david murray? think they wanted in to cover up the mess mobear

Agree0 Disagree0

Blue knights? they are potless, paul murray and the rest of them are positioning themselves to pick over the scraps when the hammer falls.
They want Rangers and they dont care if its liquidated, but they dont want to be seen as being involved in it happening.
They do not have enough money to pay 500k for rights so how can they raise enough to fund the running of the club( already running at a loss of 10 million a year) plus no european football for three years.The whole lot of them are chances, especially that clown Dingwall!
Jimd

Agree0 Disagree0

17 Apr 2012 12:41:46
Could this Bill Ng offer actually work out good for us? No liquidation, he has some wealthy peoplein his economy, possibly a couple of jewels in the asioan market like Nakamura. Take the hit on being out of Europe for a year then build on success from next year in league and cups is possible. I feel that if Liquidation was to happen, it would be done by now.

Believable9 Unbelievable15

No matter what happens next season is going to be depressing. But no more than this season

Agree0 Disagree0

Liquidation is the last resort and always has been. So the statement 'if it was going to happen it would be done by now' is as inaccurate as it could be. If it is going to happen, it will be at the end of the season.

Agree0 Disagree0

The key figure will be Whyte! What does he want? Does he really care about Rangers? I doubt it.

Agree0 Disagree0

They only want to bring us into liquidation.....There is no other way out....We owe everyone......I am thinking that there will be no rangers next season!

Agree0 Disagree0

If D&P are asking a preferred CVA bidder to submit an unrefundable deposit of 500k, then its not a wild guess to assume the CVA offer is better for the creditors than liquidation.

Agree0 Disagree0

Iagree. i feel a CVA is the way we will go. I dont like ducking out on our payments but at the end of the day, i as a supporter, am not at fault here. I want to see my team playing well everyweek. Would i have traded Gazza, Laudrop etc to avoid the mess we are in now, honestly....no. Would i accept being called tax dodgers for success on the park.....honestly yes.

Agree0 Disagree0

I wish to put all Rangers fans minds at rest about dodging paying your debts through a CVA. It is no worse than dodging paying your debts through liquidation and starting in Div 3.

Its hardly the fans fault their owners can not read a profit and loss balance sheet.

Agree0 Disagree0

17 Apr 2012 12:38:42
Does anybody know whos in Bill NG consortium ?

Believable6 Unbelievable8

I believe its Craig white , Gazza and Benny from crossroads

"briggies"

Agree0 Disagree0

Lies from last post it's actually:
The Sugarpuff monster
Jay from the Inbetweeners
The banana splits
Andy Carroll
And The pigeon from the final we won one nil

Agree0 Disagree0

The consortium is called " The unpronouncables ".

How do you sing " There is only one Bill Ng " ?

Agree0 Disagree0

Will N.G ?...well he's got to be better than Will.i.am.

Agree0 Disagree0

Peter Lin

Agree0 Disagree0

Ng is pronounced "ing" !

Agree0 Disagree0

17 Apr 2012 12:33:21
You know, I'm getting a bit fed up both stes of supporters telling me there will bo no history left if Rangers liquidate. There are even Rangers "supporters" claiming they will not return if it happens... Well, it won't erase MY history with Rangers! My first trip to Ibrox, Taking my family ti Ibrox for the 1st time, the cup finals the wins the loses the cheap hot dogs, the European nights, the singing, the friends I've made over the years at Ibrox and grounds around the country! No one can take that from me and I will take it back to Ibrox with me this season and next season and for as long as I can go, newco or not!

BB

Believable35 Unbelievable17

How did you manage to get a cheap hot dog? You obviously dont sit in the East Enclosure lol

Agree0 Disagree0

That, my friend is called nostalgia. Rather like how an Aidrie Fan will treasure the memories of their 1924 Scottish Cup win. It has nothing to do with the honours (lack thereof) of the Club which replaced it.

In relation to carrying honours, the easiest illustration is to think of the 5 stars the former Rangers carried on their jerseys. Do you honestly believe EUFA would permit a newco to wear these stars upon commencement of operations when the successor has never before competed on European competition, nor is eligible to?!?!

Agree0 Disagree0

The history will always be there it just will have no link to the newco. The titanic sank but it's still part of history. You will not be supporting the same team when the newco forms, you need to accept that!

Agree0 Disagree0

Exactly my sentiments my friend has anyone actually looked up the word history ?
Our history shall never die just like our faith and our support
Born A ranger, A ranger till I die

Bertyboy watp

Agree0 Disagree0

Should have went to Celtic Park the first time mate, much nicer people there!

Agree0 Disagree0

Said that from the start. William Wallace is dead but that doesn't mean that nothing happened involving him. I don't get that sort of outlook from anyone. It might not carry over but, it certainly won't disappear. Especially not from history.

It's either doomsayers from our own crowd, or Celtic fans who are doing nothing more than taking childish insults and putting them here to wind people up.

"u'z ur aw gawn ootay biznuss! Hayl hayl!"

Agree0 Disagree0

No one can erase history, this is not some Pol Pot year zero venture. All Rangers history will remain in the history books (except perhaps titles they will be stripped of, 9 in a row etc) Fans history of going to ibrox will obviously still be there. What is clear though is that history will not be transferred to a newco and no one should want it to. In the annals of scottish footbal RFC 1872 will have 54 titles (minus whatever is stripped for dual contracts), Newco Rangers will start next season with no titles and no history as they have just been born

Agree0 Disagree0

Your history is safe, liquidation is not the best option for the creditors.

Your history will be written by the honest creditors who didn't get paid and by the honest teams you cheated out of silverware.

Agree0 Disagree0

Why do so many show their ignorance by thinking that by forming a newco history will be gone? Nonsense - the newco will share a hell of a lot if not nearly everything with RFC when it comes to history. If a newco is formed where does it play? ibrox. What is it called? RFC? The guys that run it might be different but RFC remains RFC? As for losing titles - anyone who thinks that will happen is so sad. Not a chance.

Agree0 Disagree0

That's not what's meant, they mean the new club will have no history even in a few years they will only win a few cups/titles so you then can't say that your club is successful, even Aberdeen will have won more

Agree0 Disagree0

It's either
a) newco dumps the toxic debts, stiffs the taxpayers etc but retains the history of oldco. HMRC would possibly see that as a phoenix club and come after the tax money again.
b) newco dumps the toxic debt, stiffs the taxpayer and starts a new history free from HMRC clutches.

Agree0 Disagree0

Of course you will keep your history, you just wont add to it!
Thats why its called history.
jimd

Agree0 Disagree0

The 5 stars has absolutely nothing to do with Europe. One star represents 10 league championships, if a newco is formed, those stars will seize to be. Celtic could have 3 stars, though they prefer to have the one star that represents winning the European Cup.

Jolly Green Giant

Agree0 Disagree0

17 Apr 2012 12:26:46
STV mobile article saying Ticketus stating TBK bid still stands and it's for D&P to decide if Bk or Ng offer is best.

Ticketus with foot in both camps and challenging Administrator to choose. Clever!

Believable11 Unbelievable7

Unless £500k deposit is paid by preferred bidder then nothing for D&P to choose. BK have said they can't/won't pay it, so that's that.

Agree0 Disagree0

Or STV(rangers media partners) are playing games.

Agree0 Disagree0

If nobody pays the £500k then we are back to square one - again!

Agree0 Disagree0

The BKs have withdrawn their bid because Ticketus have found a better partner, a partner whose deal with Ticketus they can not match.

Agree0 Disagree0

Clever? What about paying the bills? What about honesty? What about integrity? What about cheating?

Agree0 Disagree0

17 Apr 2012 11:43:57
Just seen on skysports news that brian kennedy has said he may return with a new and improved bid.

Mark

Believable10 Unbelievable17

He should team up with the blue knights.

Agree0 Disagree0

BIll Ng still in talks with Ticketus. The Blue Knights have stepped aside but could come back again and now Brian Kennedy has said he may be interested again if the administrators cant come up with a preferred bidder Its like Ariston it goes on and on and on and on Glad Im not a rangers fan this would do my head in

Agree0 Disagree0

Kennedy's last offer was behind BK, so no credibility. Of course there is going to be a preferred bidder, so he's actually not offering to anything at this time. All hot air. Just another publicity stunt by Kennedy.

Agree0 Disagree0

Has any1 actually listened to wot he has said? if a deal can't be struck with any1 he'll step in with a bid

Agree0 Disagree0

Kennedy is only interested in getting his hands on Ibrox. Not Rangers.

Agree0 Disagree0

Any deal that does not involve Ticketus is a liquidation offer. The Ticketus deal is secured through CW's floating charge of 30 million over the assets.

Agree0 Disagree0

Boll*cks, He's a Hibee!

Agree0 Disagree0

We should tell Kennedy to put up or shut up, fed up with him popping in and out. If he is so concerned make a bid now, if not then he's had his 15 minutes of fame

Agree0 Disagree0

Let me get this straght:

SDM sold RFC to CW, CW appointed D&P, BK is back, TBK are gone and Ng is the favourite ?

Confused ? You should be.

Agree0 Disagree0

Why dont they all team up and get this deal done.

Agree0 Disagree0

Why don't you get it, Glasgow Rangers is a company name, the bidders are not intested in a name, but the assets, regardless who wins, our team/club, will never be the same. IF TBk cannot come up with £500,000, between the supposed millionaires in that group, but have to go cap in hand to Ticketus, that shouts loud and clear that they do not have the necessary monies available, ergo the other bidders see an opportunity to get some first class facilities at a knock down price. Ticketus will go with who ever has the money upfront and will pay them back larger sums and faster than TBK. The game is up, we will be taken over by a group who will look to maximise their return and use whatever means to complete same

Agree0 Disagree0

17 Apr 2012 08:09:28
Just on Sly...Ticketus and Bill Ng talking about a joint deal....TBK taking a step back.

Bluebear

Believable21 Unbelievable4

A backward step...? More like "We are out of here, no thanks"! Face facts you lot are going doon the swanny.

Agree0 Disagree0

This is also mentioned on various web-sites.
Lets wait and see!

Agree0 Disagree0

I am not a Gers fan, but any Celtic fan on here claiming RFC will be liquidated is deluding themselves. If the administrator proves to all creditors that they get a better return from a CVA as against liquidation, then all creditors will accept, this includes HMRC.

HMRC can not justify knocking back 10 million for nothing, and in liquidation they will get nothing, as planned.

Agree0 Disagree0

I do hope it is right as i heard on radio
scotland down here in corby through sky
a loyal corby bear

Agree0 Disagree0

HMRC have already knocked back 10 million last year, what makes you thing they are going to accept it now??

Agree0 Disagree0

The poster who posted this:

" am not a Gers fan, but any Celtic fan on here claiming RFC will be liquidated is deluding themselves. If the administrator proves to all creditors that they get a better return from a CVA as against liquidation, then all creditors will accept, this includes HMRC.

HMRC can not justify knocking back 10 million for nothing, and in liquidation they will get nothing, as planned."

Is a deluded fool. You will get liquidated and HMRC will sell Ibrox, Murray Park and the players to get what they are due. So suck it up mate.

Agree0 Disagree0

HMRC is very wary of setting precedents by accepting CVA deals so may refuse to accept one from Rangers.

Agree0 Disagree0

Ibrox Murray Park and The Albion are owned by CW I am sure is this correct? So therefore cannot be sold on to pay RFC debt. If this is incorrect they are not worth any more than the 30m CW will be the 1st to get his hands on in the event of liquidation. Open your eyes its all a very well thought out plan by CW who is no more then SDM's fall guy. He has proved to us all on numerous occaisions he will always be 1 step ahead of the game. He does this for fun my friend and he walks away from HMRC scot free every time. I don't think for 1 second they will out smart him. If we are liquidated HMRC will be doing it out of priciple they will not see a penny. As much as we all hate him for what he has done to us. His grand plan may just be what saves us. Lets see how it pans out unless you fancy lending me that Crystal Ball?

Blue Stu

Agree0 Disagree0

If Rangers are going to go through the blender as the gent above suggests.
What is in it for the Singapore consortium if HMRC are going to sell all assets?

Agree0 Disagree0

Got to agree with blue stu,
I believe this is another chapter in Craig Whites master plan !
Hes playing a blinder !

Agree0 Disagree0

Blue stu. I've thought along similar lines from the start.

Agree0 Disagree0

This ultimately is the best outcome for everyone. Except HMRC that is. They have yet to play their hand in this game, so there can still be a twist in this tale

Agree0 Disagree0

HMRC have already knocked back 10 million last year, what makes you thing they are going to accept it now?
----------------------------------------

Because Rangers are in administration and the alternative is liquidation and HMRC get nothing, a big fat zero.

HMRC are not a secured creditor, CW and his 30 million floating charge is, HMRC is just another ordinary creditor that will get nothing in the event of liquidation.
Any money from the sale of assets will go to CW and then the employees redundancy settlements.

Its a master plan and HMRC can do nothing about it.

Agree0 Disagree0

What about the other creditors large and small that would have take a massive loss due to rangers CW withholding payments while still receiving goods !
Don't think its a result for them !
We don't do walking away (only if it means paying debts )

Last one oot turn aff the lights !!

"Newburgh"

Agree0 Disagree0

Is a deluded fool. You will get liquidated and HMRC will sell Ibrox, Murray Park and the players to get what they are due. So suck it up mate.
----------------------------------------
HMRC are not a secured creditor, they will see nothing from any asset sales and on liquidation all players contracts are null and void, there is nothing to sell. CW is a secured creditor and the employees redundancy settlements are a preferred creditor.

I aint a deluded fool or a gers fan, I am a businessman who has liquidated 3 companies and the only creditor to suffer was HMRC on all 3 occassions.

ITS COMMON PRACTICE.

Agree0 Disagree0

HMRC is very wary of setting precedents by accepting CVA deals so may refuse to accept one from Rangers.
----------------------------------------

Let me give you a press release from HMRC in the event of refusing to accept CVA.

HMRC has refused 10 million in favour of nothing to teach owners a lesson not to screw with us, however we accept the owner did not lose any money.

As long as CW is not the owner they will accept the CVA or look like fools.

Agree0 Disagree0

There will be some very unhappy trading creditors but they can recover their losses with future trade.
THIS GOES ON EVERY DAY IN THE BUSINESS WORLD, ITS NOT THAT UNUSUAL.

Agree0 Disagree0

If they are still in business !
Last post
"goes on in business all the time "
Your starting to sound like SDM the one who got you into this mess !
When he put Airdrie into Admin Over 50k
Then sympathises with them only to say business is business
What goes around!

Agree0 Disagree0

16 Apr 2012 23:52:50
Looks like NG is going to be named preferred bidder, let's see what happens, but I have a fear that liquidation is preferred option. I am sorry don't believe this trash that he saw Rangers in Barcelona, and is a life long supporter.

Let's be brutally honest he will never make money buying Rangers, everyone knows that, so why is he bidding?

Can the Asian market be huge, I know it is for Epl teams but really for us?

Don't really get his suggestion that Singapore football will benefit, how? You don't have to buy a team to look at the Scottish model, and is the Scottish model worth looking at?
Don't think so, after all scottish football is dross.

Maybe the whyte episode has made a cynic of me but don't get where the money is to be made without liquidation. If we come out of administration we still don't own the strip deal, we can't increase the numbers going every week to make a significant difference. There is no or little tv income, no Europe, no catering income, ticketus needing paid back, where is the money?

I hope to God I am wrong but got a real bad feeling about this, anyone agree?

Believable51 Unbelievable18

The worst possible scenario misfortune Rangers is this guy Ng and Ticketus taking Ownership agreeing a CVA payback over 10 years. Remaining in SPL with penalties bug keeping history.

Agree0 Disagree0

2 rangers companies have been set up recently the names are rangers 2012 reg sc418962 and rangers football club of Glasgow reg sc417353 this a sign of liquidation?

Agree0 Disagree0

Totally agree with OP.

Agree0 Disagree0

Looks like Craigie boy Whyte is selling Rangers over to his old pals Ticketus through his selling agents D&P.

Agree0 Disagree0

What I'm angry about is its my money fans money they all ultimately need. Yet there's no attempt by any of them to inform or involve us. It's all cloak and dagger and we're last to know.

Agree0 Disagree0

Dont bring god into it pal as we all know the big man is a celtic bhoy,.,.kbarry

Agree0 Disagree0

"Can the Asian market be huge, I know it is for Epl teams but really for us?"

Can't put a figure on it, but when you expalin you're Scottish, rather than English the standard response is "Ahhh, Celtic? Rangers?"

No mention of the origin of the telephone, tarmac roads, the contributions to science, unification of light,electricity and magnetic fields. An entire culture who's outward face is the success of two football teams.

So a Singaporian owner of European football institution- yeah he'll sell a few shirts and pack a few stadiums over there in exhibition matches.

Agree0 Disagree0

Scottish Football dross? If Scotland had the TV money England gets we would be on the same level dont be fooled we have as good players as ELP

Agree0 Disagree0

With regards to how Singaporean football will benefit, I think he sees rangers as a stepping stone to get Singapore players into the epl etc. the manager of his club in Singapore was quoted as saying he often phones him during the night to discuss tactics... Bit worried Rangers might turn into the new Hearts

Agree0 Disagree0

With a cva there will be no further point deductions.

Agree0 Disagree0

Have to agree. Really don't understand what's going on here. The EPL has value and ManU are huge in Asia but the SPL does not (assuming that's where Rangers will be). I too don't believe he's a lifelong fan and he even seems like a stooge for another person or organisation as he really isn't that wealthy, by footy club owner standards. CW was more wealthy.

Agree0 Disagree0

Rangers will be liquidated and re established. A strong push will be put forward for a North Atlantic League. Its the only viable way for clubs to compete with La Liga and the EPL.

Rangers new owners are well aware there is no money to be made in Scotland, so this i believe, will be their aim.

Agree0 Disagree0

As far as asking the fans is concerned, when did any company ever consult it's customers during a takeover.

Make no mistake a takeoever is what this is. We can call it a rescue package as much as we like but the end result is that we are being tasken over.

If you throw into the mix the fact that CW is occasionaly fighting the process, it could be described as a hostile takeover!

Agree0 Disagree0

This is a plan to flush out Ng

Agree0 Disagree0

And we just sit and take it

Agree0 Disagree0

I have thought from the start that liquidation is the only answer to survive. Who ever gets it without liquidation will be swiming with an anchor round their neck. Lets get it over and start again - it will still be Rangers, same as Range Rover is still Range Rover.

We should start in lower division and work up as we will be out of Europe anyway for three years - three years to come up leagues. It will also let the "others" get what they want. No one likes us we dont care!

Agree0 Disagree0

There are two ways to make money out of RFC, selling on talent to the EPL, and CL group stages. If you run the club to break even in the SPL then everything else is cream. You can invest the cream wisely and increase the probabilities of future cream. Business is not rocket science, simply live within ones means and do not gamble 10 million per year to break even. Celtic and Rangers may qualify for group stages of CL once in every 3-4 years, its the new reality of the OF.

Agree0 Disagree0

I certainly dont think Ng will liquidate us when he inevitably takes control! My biggest worry is sanctions and punishments imposed by governing bodies, missing out on a Europe will be damaging. Youth is definitely they way forward and therefore having effective coaches and scouts will be crucial to future success. Becoming the "new hearts" is a worry but at least we may win a trophy again next season.

Agree0 Disagree0

Dont understand all this about benefit to singapore football its the size of arran i lived there for two years its junior football hope this is the right offer as we cant have another crag white

Agree0 Disagree0

Maybe NG are planning on taking Rangers out of Scottish football and setting them up in Singapore as a stepping stone to the premiership, hey stranger things have happened.

Agree0 Disagree0

D&P are not asking a prefered CVA bidder to stump up a non-refundable 500k, if liquidation is the best return for the creditors.

The deal is done, it will be a CVA and HMRC will accept the recommendation of D&Ps. The only penalty Rangers will receive is in Europe.

Agree0 Disagree0

Singaporean players will not be in the SPL unless they have work permits, which is unlikely.

Agree0 Disagree0

The first thing Ng will do is sell all the high wage earners, with no Europe for 3 years they simply can not afford them. He will then trim all operating costs to suit the new reality of an SPL turnover, this will involve redundancies and cut backs. For 3 years Rangers should still come second in all domestic competitions, although going by Celtics cup performances they may even win something.

Its not all bad news.

Agree0 Disagree0

Business in Singapore is cut n thrust. Expect 60-70% lay offs at Ibrox.
Expect no junket flights to look at talent. Expect the Managers salary to come down from one million pounds to about £200k.

Agree0 Disagree0

"The only penalty Rangers will receive is in Europe."

Eh, you forget the SFA penalties to be dished out later this week.

Agree0 Disagree0

The guy's stadium in Singapore has a capacity of 2,500 - get a grip. This is a rich man's fancy and will wear off as quickly as it did at Hearts.

Agree0 Disagree0

Whay is it no Europe for 3 years?

Agree0 Disagree0

More confusion, Lose the BTC then HMRC policy is no CVA consequently liquidation.
After liquidation Newco may be in SPL with "history intact" but Pre-SPL league,Cups and Euro records are not the SPLs "property" to give. If SFA decides Newco is a Newteam then so will UEFA and the SPL may have to toe the line as well.

Agree0 Disagree0

All willing to jump into bed with anyone lol.

Agree0 Disagree0

The benefit to singapore football would be access to coaches, fifa/uefa officials and all that comes with owning a major european club, think if platini or blatters secretary said the chairman of hougang united was on the phone they would take the call? i think not but rangers chairman.....

Agree0 Disagree0

Why is it no Europe for 3 years?
---------------------------------------

Apologies my error, one year only as it currently stands.

Agree0 Disagree0

Eh, you forget the SFA penalties to be dished out later this week.
----------------------------------------

I suspect this may involve further European bans, possibly another 2 years.

Agree0 Disagree0

 
Change Consent