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Today's BBC Sports Gossip


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Not sure if this was posted over today but was just vowing the BBC Gossip section and saw tha following:

Bill Miller, chairman of Tennessee-based Miller Industries, the world's largest manufacturer of towing and recovery equipment, says he plans to "clean up" Rangers' potential £134m of debt and that liquidation is not an option he is considering as part of his takeover bid.

Full story: The Herald

Businessman Bill Miller has confirmed he is the sole party in the American bid for Rangers after Club 9 Sports' attempts to involve him in a consortium disbanded and he hopes to take the club out of administration through a company voluntary arrangement and with Ally McCoist as manager.

Full story: The Scotsman

Bill Ng, a director at private equity firm Financial Frontiers, says his Singapore consortium can offer Rangers' creditors 20p in the pound in a deal worth £20m - twice that being offered by former Rangers director Paul Murray's Blue Knights.

Full story: The Sun

Singapore-based tycoon Bill Ng, who is chairman of Hougang United in his homeland, wants to take Rangers out of administration through a company voluntary arrangement, appoint a board of Scottish directors and avoid liquidation.

Full story: Daily Express

Rangers owner Craig Whyte maintains he still has a £30m guaranteed stake in Rangers and that he will return to Ibrox one day.

Full story: Daily Record

Following the disclosure that Rangers total debt could be as high as £134m, owner Craig Whyte says the club's liabilities decreased by more than £10m during his time as chairman.

Full story: The Scotsman

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:lol:

I just won a bet, I had money on you replying to that post within 10 minutes! :D

Please explain how it's reminiscent of what you say it is?

good for you. you can use the money to buy a ban stick for people who threaten your members and mods who hand out names of members to vb.

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"The goal would be to try to do something that is along the lines of a CVA, for sure. Something that protects the right to play and obviously the fans' view of history and a continuing operation.

direct quote from herald interview

something like a cva that protects the history.

so a newco.

plain and simple.

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something like a cva that protects the history.

so a newco.

plain and simple.

also seems to mention that he wants european football asap and if its a newco it wont happen for 3 years....

HOWEVER i believe that it would be churlish to think that all bidders havent considered liquidation as the most viable business option, although i cant see it happening.

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also seems to mention that he wants european football asap and if its a newco it wont happen for 3 years....

HOWEVER i believe that it would be churlish to think that all bidders havent considered liquidation as the most viable business option, although i cant see it happening.

hope your right.

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