Miggy Sinclair 179 Posted April 3, 2012 Share Posted April 3, 2012 AN Anglo-American consortium last night emerged as favourites to land Rangers.The syndicate is represented by Chicago-based Club 9 Sports and are said by administrator David Whitehouse to be backed by “substantial resources”.The group of wealthy mystery investors from the US and UK have leapt ahead of Paul Murray’s Blue Knights consortium, whose proposal was described as having “logic” but not matching up “economically or arithmetically”.Both bids will, however, be considered tonight after the latest deadline for a possible takeover.They will be examined along with two others from a Singapore-based syndicate and a London group of financiers.A fifth is also expected from Edinburgh-born businessman Brian Kennedy, who had pulled out of the race last week.Club 9 Sports confirmed last night they themselves would not be bidding for control of the club, but were acting as a member of a consortium. A statement on their website said: “Representatives of Club 9 Sports have been involved with investigating, analysing and considering a potential purchase of Rangers Football Club on behalf of a group of interested parties from the US and UK.“However, at no time has Club 9 Sports itself offered a bid to acquire the club. Our role has been as a member of a proposed consortium.“We can also confirm we have not met, spoken to or otherwise been associated with Craig Whyte in any way.“We understand that it has been strongly rumoured that our group planned to ‘liquidate’ the club.“It should be made clear that any party that attempts to acquire the club, eliminate the debts, affect a turnaround, invest monies and put the club back on solid ground is in fact ‘saving’ the club from liquidation and preserving its past and its future.”After 48 hours of talks with potential buyers, Whitehouse is confident a new owner will be in place to take over just after Easter.“Our aim is to give one or other group preferred status position on the basis of what they are offering is deliverable, commercially viable and having the best chance of being acceptable to the creditors including HMRC,” he explained.“The offer from America provides very attractive levels of investment as indeed does one other. The US group have demonstrated to us they have substantial resources and are respected businessmen in the United States.”Whitehouse revealed a “large gap” existed between Blue Knights’ bid and others. “Their economics are not right, their arithmetic is not right, but there is logic and a value in their proposals as the deal with Ticketus would mean they would no longer be a major creditor,” he said.FFS..... Quote Link to post Share on other sites More sharing options...
markybear 136 Posted April 3, 2012 Share Posted April 3, 2012 Guess work. The bids aren't even in yet. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 3, 2012 Share Posted April 3, 2012 oh dear. the end is nigh. Quote Link to post Share on other sites More sharing options...
Mr Struth 137 Posted April 3, 2012 Share Posted April 3, 2012 Plus they pulled out? Quote Link to post Share on other sites More sharing options...
minstral 5,375 Posted April 3, 2012 Share Posted April 3, 2012 This is all we need to hear. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 3, 2012 Share Posted April 3, 2012 where is this from? Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted April 3, 2012 Share Posted April 3, 2012 Source please m8? Quote Link to post Share on other sites More sharing options...
ClintonGrey 365 Posted April 3, 2012 Share Posted April 3, 2012 I would happily welcome Club 9 over the Blue Knights. Quote Link to post Share on other sites More sharing options...
markybear 136 Posted April 3, 2012 Share Posted April 3, 2012 Express is the article source Quote Link to post Share on other sites More sharing options...
BlueThunder 8,454 Posted April 3, 2012 Share Posted April 3, 2012 Anyone else think that statement was written by Craig Whyte, or at least the guy who has been writing Craig Whyte's stuff? Quote Link to post Share on other sites More sharing options...
Miggy Sinclair 179 Posted April 3, 2012 Author Share Posted April 3, 2012 Source is The Express.http://www.express.co.uk/posts/view/312451 Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted April 3, 2012 Share Posted April 3, 2012 Guess work. The bids aren't even in yet.This. The only quotes are those we've heard today that offer nothing in the way of substance for the headline.I reckon TBK will have an offer similar to the others, lacking only a little in finances. They've been made out to be a bunch of poor supporters compared to "an American sports company who have a multi billion $ empire".No journalist or fan will know what these offers are until admin tell them. Quote Link to post Share on other sites More sharing options...
The Godfather 72,645 Posted April 3, 2012 Share Posted April 3, 2012 How dows anyone know what D&P see as the best.bid when all are not in yet.More guess work than anything else. Quote Link to post Share on other sites More sharing options...
Thermopylae 15,287 Posted April 3, 2012 Share Posted April 3, 2012 The sad thing is it's people who know very little of our club who will decide its fate . TBH I think we can only hope for the best while preparing for the worst Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 3, 2012 Share Posted April 3, 2012 let's not forget they talked a good game about Tranmere then had no cash. Quote Link to post Share on other sites More sharing options...
Gash07 26 Posted April 3, 2012 Share Posted April 3, 2012 Bye bye history. Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted April 3, 2012 Share Posted April 3, 2012 How dows anyone know what D&P see as the best.bid when all are not in yet.More guess work than anything else.I wonder if what they consider best is what the rest of us would consider best. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 3, 2012 Share Posted April 3, 2012 I wonder if what they consider best is what the rest of us would consider best.almost certainly not. Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted April 3, 2012 Share Posted April 3, 2012 let's not forget they talked a good game about Tranmere then had no cash.I sense this is possibly a little bit different, and it worries me what their role will be in all of this. Quote Link to post Share on other sites More sharing options...
Miggy Sinclair 179 Posted April 3, 2012 Author Share Posted April 3, 2012 I would happily welcome Club 9 over the Blue Knights.So you want Rangers to be liquidated ? Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted April 3, 2012 Share Posted April 3, 2012 The sad thing is it's people who know very little of the club who will decide its fate . TBH I think we can only hope for the bestI don't think so... preserving the club is in the best interest of both creditors and fans, as well as admin to a lesser extent. If Duff and Phelps see Rangers get a CVA, that will give them a MAJOR increase in economy-props, and will likely attract more business.All the bidders, even the club9 sports representative have stated they want the club's interests, as well as the supporters kept. It could be fabrication, but I think each of the bidders will have multiple plans for the club, some of which involve the CVA, some liquidation (either as a plan, or as a precaution), or the mutant hybrid of the two. Quote Link to post Share on other sites More sharing options...
The Godfather 72,645 Posted April 3, 2012 Share Posted April 3, 2012 The sad thing is it's people who know very little of our club who will decide its fate . TBH I think we can only hope for the best while preparing for the worstTrue although those who knew all about our club lead us to this horrible situation. Quote Link to post Share on other sites More sharing options...
markybear 136 Posted April 3, 2012 Share Posted April 3, 2012 http://www.dailymail.co.uk/sport/football/article-2124756/Rangers-crisis-American-Club-9-Sports-reveal-plans.htmlNot ashamed to say I shed a tear after reading the above link Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted April 3, 2012 Share Posted April 3, 2012 I don't think so... preserving the club is in the best interest of both creditors and fans, as well as admin to a lesser extent. If Duff and Phelps see Rangers get a CVA, that will give them a MAJOR increase in economy-props, and will likely attract more business.All the bidders, even the club9 sports representative have stated they want the club's interests, as well as the supporters kept. It could be fabrication, but I think each of the bidders will have multiple plans for the club, some of which involve the CVA, some liquidation (either as a plan, or as a precaution), or the mutant hybrid of the two.I am sad to say this, but I think you are so wrong on many levels. Quote Link to post Share on other sites More sharing options...
WVB 2,560 Posted April 3, 2012 Share Posted April 3, 2012 Bye bye history.Have you been diagnosed with Alzheimers? Quote Link to post Share on other sites More sharing options...
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