legalbeagle
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Posts posted by legalbeagle
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My understanding is that BK/TBK bid is £5m + debenture holders debt (which takes the total over £11.2m), but that BM bid is £11.2m + debenture holders debt, which takes him up to £19m.
On that basis, it is £11.2m from BM v. £5m from BK/TBK, which doesn't sound like much of a decision to make.
Happy for someone to correct me, it isn't easy to get all the facts in this.
If the above is the case, as has been reported, then honestly BK/TBK need to get a grip, because it is a pathetic offer.
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Aye, he's been open and transparent but TBK want to keep us in our current entity. That's not the route Miller is wanting to go down.
They may want to, does a £5m CVA pot guarantee it?
I am just concerned that we get fooled into believing in their good intentions, and the end result is the same anyway.
Bill Miller WANTS to keep us in our current entity, he also has a plan that he is open about as the alternative.
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The Miller bid is complex with regard to newco or not, and most of that seems designed to put pressure on Whyte, but it also removes him as a potential obstacle to our ongoing existence.
The 'Haymaker' bid is (if it is as reported) pathetic. BK originally offered £5m, and oh look, he has offered £5m. TBK originally offered to remove ticketus' £25m from the creditors list (which was dismissed by the administrators) and now they are offering to remove £8m of debenture credit from the list (which Miller seems to have done anyway as well).
If there was no other option, then the BK/TBK bid would be acceptable, but in reality, we have something that looks like another half-hearted attempt. Did they not know what Miller's offer was? Because everyone else in the country did. A Haymaker bid would have smashed him out of the water, with clarity.
Those who denigrate Miller should consider:
Who has been open and transparent about their bid and plans?
Are BK/TBK guaranteeing a CVA?
Is Bill Miller guaranteeing a newco?
Anyone reading some of my previous posts might assume I would say this, and that I have some anti-TBK agenda, I don't. My favoured option from the start was Brian Kennedy, I honestly believed that this time, they would join forces in our darkest hour and save the day, and what I have read about their bid today just makes me feel thoroughly disappointed.
If the administrators choose Miller, and he liquidates the club, forms a newco, and all that, don't blame him, he always said it was possible, don't blame the administrators, their choice seems clear based on the options, blame the other bidders who have failed, repeatedly, to step up to the mark.
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I remember paying a ridiculous amount for a ticket, driving up in the afternoon, listening to 5 live telling everyone how much fun it all was, and confused because there was no traffic anywhere near the stadium, parked really close, but thought I was in the wrong place until I saw a few bears to follow, turned a corner, and there it was.
Atmosphere inside the stadium was so positive, even in defeat, the fans applauded the Zenit players (who were just better than us, especially Arshavin) and I left the ground feeling disappointed, but proud of the boys, and then heard about the trouble as I was driving home later and was just puzzled to be honest.
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On the super-logical approach of the OP.
Would you be happier to go down to the 3rd Division if Barcelona and Real Madrid were going to be in it along with us?
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I think we all want to believe anything that looks like good news.
Firstly, we don't have anything other than a cryptic message to go on here, secondly, after Sunday's message board fiasco, I don't believe much of anything before I actually see it happen.
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Buy a ticket, give £42 to them, leave the game and don't get any value for your money. Also, has no impact on the SFA.
The way to protest is to continue to do what we are doing, target the sources of income for the SFA, target the sponsors.
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Thought the Apprentice was filmed months in advance
On the show it was a 12.30 kick off, so, October?
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We're not in liquidation.
It's been a long week.
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The reason the RST is so small is because we have so many other fans groups who refuse to associate (until this week)
Cuunts on forums constantly bad mouthing the RST certainly isn't helping the matter.
I don't side with any group but I am a member of the RST as should all other bears. Regardless wether you are VB, UB, TBO etc etc.
Once everyone has joined then they will have the power to make the changes we all crave.
And it's £10 per year to join or £100 lifetime membership.
just over 2.7p per day ffs
Ambitious argument, all the people who haven't joined the RST should unite behind it (not that the RST should unite behind a separate group I guess), all bears should because then they will make the changes we all want? Because we all agree?
What if you don't believe in fan ownership, or what if you don't believe in giving over the odds to buy a share, so that you can give your vote to someone else, who will head off on a subsidised ego trip with your money?
If I invest in Rangers, it will be with the full rights of a shareholder, and at the market price.
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We are in administration purely because of our situation with HMRC on PAYE. I wouldn't have been surprised if losing the BTC had put us into administration, that was always a possibility, but to be in this position before that ruling has even been made would have been completely unthinkable before Whyte took over.
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I'm sure they feel that they have been very transparent about it being secretive.
I know justice is meant to be blind, I don't think this is quite how that is meant to work.
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I'd have bought at 10p in the £.
£5.99 for cheap, processed, fatty meatballs dumped into a cardboard box.
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Thought they said on radio catholic last night that all the sanctions they're hitting us with the now transfer over to the newco.
The same people who lie about us 'losing our history', are absolutely determined that sanctions would have to transfer. They are a parody of themselves, any argument they can think of that feeds their hatred of us.
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While we cannot be sure if these allegations are true, or if Rangers fans of any sort are involved, we have been in a position this week of genuine off the park strength.
Those people involved in Scottish football who are not extremists have seen the punishment against us as over the top, as unfair, as draconian, and we are being successful in that PR battle. This is why we have had the SFA and their sponsors diving for cover.
If the moronic fringe element get involved to act like neds, it will lose us the argument.
Right now, the SPL clubs will have to decide if they want to suffer the same fate as the SFA next week, with their decision on Monday, and the SFA are under huge pressure to reduce their punishment. We could have seen the enemy going too far, and we could actually win out of this, we must just try to keep our head, and keep doing the smart thing.
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good film, made up of most of the old Airdrieonians players, Andy Smith, Jimmy Boyle, mad Johnny Martin, Paul Jack, Alan Lawrence etc...oh ye canny forget about the assistant at the time John McVeigh.
Good wee film, met andy smith the other month there, he does coaching course for the sfa, he still laughs at making the film
With the greatest respect, I might not use you as a film critic for my future viewing choices, it was a comically bad film.
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Simple fact is, why should a company like William Hill, in a very competitive market, pay money for sponsorship so that they can lose money.
Someone somewhere in their organisation will have to justify that if they continue to support the SFA.
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We have a man who has stepped up to the plate big style at the moment when we need an ambassador. He gives us any positive spin that we will ever get from the press, he galvanises the players and the fans, he cares, absolutely, passionately, achingly, more than any of us.
We are lucky as fans that he is our man, especially at this dark time.
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If they go down, maybe he should head to West Brom next? He could single-handedly destroy football in the Midlands.
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If the guy knew he was out of the final, he should've left him in peace, if he didn't know, what a great way to find out.
Nobody wants Geoff Shreeves pissing on their chips.
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Wouldn't make any difference, Football Associations are responsible to no one (not even fans) and they won't chuck out one without an overall majority.
The panic in the SFA over the GB Olympic team demonstrates that this is a real fear that they have. My level of loyalty or interest in anyone in Scottish Football who is not Rangers is zero.
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If we want to take over a club and regenerate, we should do it in England.
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Depending on just how serious we really are, we could contact FIFA with thousands of demands for answers as to why one state (the UK) is entitled to have 4 separate football teams.
This is already a popular view from many who don't like the special arrangement that the UK gets.
I appreciate that this is very harsh on the Welsh and Northern Irish, but rather than trying to cut back sponsorship money, success in this campaign would actually destroy the existence of the organisation of the SFA.
Go Team GB.
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I think that they will really struggle to overturn the sentence, given that they will just be accused of bottling it by the rest of the country. At least watching them squirm trying to find a way out of the ridiculous mess they have put themselves into is something.
There can be no claims of independent judicial reviews as a get-out for the SFA, they set the guidelines for the panel, they cannot try to absolve themselves from it, and they deserve every ounce of financial retribution that we, as a club and as a support, should ensure that we visit upon them for the rest of time.
Paul Murray details joint Rangers bid with Brian Kennedy (Bigger than £11.2m)
in Jimmy Bell's Kitroom
Posted
I hope that if Miller wins, and people are disappointed they don't blame him or D&P, responsibility must lie with BK/TBK, leading us up and down the garden path for months, self-publicising, PR against every other bidder, but NO SERIOUS OFFER.