54andcounting 627 Posted April 4, 2012 Share Posted April 4, 2012 Kennedy waits to make Gers bidSale Sharks owner will not let club go into liquidationLast Updated: April 4, 2012 8:56amBrian Kennedy: Sale Sharks owner will make a late bid for Rangers if it prevents the club going into liquidationSBrian Kennedy says he will only make a late offer to take over Rangers if a rival bidders' approach is to take the club into liquidation.The SPL giants were placed into administration back in February and several parties have expressed an interest in buying the club.Rangers' administrators are expecting to receive up to five bids by Wednesday's 5pm deadline and reports claim that US consortium Club 9 Sports is moving towards preferred bidder status.However, there are reported concerns about Club 9 Sports' future plans for Gers and Sale Sharks owner Kennedy is waiting to see how the day develops."Whatever euphemism you may want to use, we are ultimately talking about the liquidation of Rangers FC and the selling of its assets into a newco, with all the issues which result from that." Brian KennedyQuotes of the week"The prospect of a newco frightens the living hell out of me," Kennedy told the Daily Record."Whatever euphemism you may want to use, we are ultimately talking about the liquidation of Rangers FC and the selling of its assets into a newco, with all the issues which result from that."If this is the only option left standing, that's when I will come back in."The financial model involved in a newco situation does not work unless you are prepared to invest many millions of pounds and take a four-year view on the club's finances. You would need to accept losing excessive amounts of money."These guys will be looking for a decent return. They are not doing it for the love of Rangers so why enter into a deal like this?"The existence of the club is at stake and the next 48 hours could be crucial."Read and weep Tims! Quote Link to post Share on other sites More sharing options...
Smile 26,622 Posted April 4, 2012 Share Posted April 4, 2012 Good stuff. Quote Link to post Share on other sites More sharing options...
RFC55 110,086 Posted April 4, 2012 Share Posted April 4, 2012 Instead of saying if that's the only alternative can he not just bid again? Or join forces with tbk? I have a feeling if he joins with tbk then more or less all of the support will back their bid Quote Link to post Share on other sites More sharing options...
4MenHadADream 122 Posted April 4, 2012 Share Posted April 4, 2012 The only problem is that his last bid was a few million, he will need to up that considerably to have any chance. Surely at this stage it would be better for him to pledge financial support to the Blue Knights Quote Link to post Share on other sites More sharing options...
4MenHadADream 122 Posted April 4, 2012 Share Posted April 4, 2012 Instead of saying if that's the only alternative can he not just bid again? Or join forces with tbk? I have a feeling if he joins with tbk then more or less all of the support will back their bidSpot on. I would rep u mate, but I'm on the phone. Quote Link to post Share on other sites More sharing options...
boyd09 390 Posted April 4, 2012 Share Posted April 4, 2012 Sounds like the guy for me, always seems to talk a lot of sense, iam sure Souness would be a great addition back at ibrox someone to stand up for us against the filth and jokers who run scottish football, and let Ally get on with bringingthe title back home next season Quote Link to post Share on other sites More sharing options...
broxibear87 129 Posted April 4, 2012 Share Posted April 4, 2012 Instead of saying if that's the only alternative can he not just bid again? Or join forces with tbk? I have a feeling if he joins with tbk then more or less all of the support will back their bidAgree 100% mate. Quote Link to post Share on other sites More sharing options...
scottyboyblue 61 Posted April 4, 2012 Share Posted April 4, 2012 Instead of saying if that's the only alternative can he not just bid again? Or join forces with tbk? I have a feeling if he joins with tbk then more or less all of the support will back their bidAs far as i'm concerned, with the choices we seem to have at this moment (unless some mega money offer comes in at the last minute, which i don't see happening), this would be the best outcome for our club by a mile Quote Link to post Share on other sites More sharing options...
Alnic3856 358 Posted April 4, 2012 Share Posted April 4, 2012 I think what he is saing is yes his bid was lower but he did always state he was a last resort, and that now if the best bid is one that includes liquidation then he will step up and match that bid or beat it with a non liquidation proposal. He must be getting nothing fae the wife, it's a very good umbrella to have well done BK. Quote Link to post Share on other sites More sharing options...
Ed Force One 30 Posted April 4, 2012 Share Posted April 4, 2012 "The prospect of a newco frightens the living hell out of me," Kennedy told the Daily Record.I read elsewhere that it was the Club9 Sports bid that frightened the living hell out of him. Is this the usual misquoted pish from the Daily Record, or did he say this about both things?Either way, he's my preferred bidder. Something in my bones tells me he won't be the successful one though. Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted April 4, 2012 Author Share Posted April 4, 2012 He has expressly said that, he will not work with a consortium, therefore I think that if the BK are not the preferred bidder then, he will bid if liquidation is on the cards, I would then expect all those that wish to stop us being liquidated, would offer support to him (including finical support). Quote Link to post Share on other sites More sharing options...
alukotheblackmessi 22 Posted April 4, 2012 Share Posted April 4, 2012 I like what i hear about Brian Kennedy but i just wonder if he is in this to get his profile up!! By the looks of it he doesn't have enough money to outbid the americans so he wont be in a positon to stop us from being liquidated, however in saying that i hope his bid is succesful. Quote Link to post Share on other sites More sharing options...
Smile 26,622 Posted April 4, 2012 Share Posted April 4, 2012 Instead of saying if that's the only alternative can he not just bid again? Or join forces with tbk? I have a feeling if he joins with tbk then more or less all of the support will back their bidThe Tbk maybe dont have the funds to facilitate him working with them, Id rather a clean break from previous board members.Lest face why do you think Bains give up his court fight as he maybe see's himself back in his old job. Quote Link to post Share on other sites More sharing options...
minstral 5,375 Posted April 4, 2012 Share Posted April 4, 2012 Anyone who save us from liquidation will do for me. Quote Link to post Share on other sites More sharing options...
Smile 26,622 Posted April 4, 2012 Share Posted April 4, 2012 Anyone who save us from liquidation will do for me.Agree that's the bottom line for me as well but still hoping we get someone with real funds to take us forward. Quote Link to post Share on other sites More sharing options...
islandblue 366 Posted April 4, 2012 Share Posted April 4, 2012 I think this guy would be a better option than TBK as he seems prepared to use his own money.The Singapore bid also sounds promising Quote Link to post Share on other sites More sharing options...
Dl2068 17 Posted April 4, 2012 Share Posted April 4, 2012 Don't think we will see much happening till after 1pm guys................... Has there been anymore from Frankie or Gersnet about the Singapore bid ???? Quote Link to post Share on other sites More sharing options...
dan_ger 1,454 Posted April 4, 2012 Share Posted April 4, 2012 Instead of saying if that's the only alternative can he not just bid again? Or join forces with tbk? I have a feeling if he joins with tbk then more or less all of the support will back their bidGood point. He has not really ruled that out with what he is saying, so maybe that would be a way of him coming back in. I still think he is working on this a lot more than he is suggesting to the media. I think he is playing a bit of a game to give him a good hand at the table. Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted April 4, 2012 Share Posted April 4, 2012 He obviously is pretty confident with what money he could offer. Quote Link to post Share on other sites More sharing options...
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