54andcounting 627 Posted April 20, 2012 Share Posted April 20, 2012 DUFF AND PHELPS, the administrators of Rangers Football Club, issued the following statement tonight.Paul Clark, joint administrator, said: "At the end of a frustrating week we'd like to provide an update to the fans regarding the bidding process."It should be reiterated, however, that no unconditional bid has been tabled by any party."There have been a number of complicating factors in recent weeks, not least the cloud of possible further SPL sanctions against the Club and the withdrawal of one of the parties last week when it emerged they had no formal agreements in place with their partners."This, combined with uncertainty regarding the role of Ticketus in any future ownership, has led to delays that we and all Rangers supporters would prefer not to have occurred."Let me be clear - we could not have moved more quickly during the past week as there was not a bid capable of acceptance."Despite suggestions to the contrary, it is not a case of the administrators refusing to nail down their choice - we can only accept a bid that is unequivocal."Today, we have seen the Singapore consortium led by Mr Bill Ng issue a statement announcing withdrawal from the process whilst indicating the possibility of launching a bid again at a later time."This has been reflective of the changing position of bidders."We have also read the statement by Mr Bill Miller that sets out a vision for the club, but acknowledges it as being dependent on possible SPL sanctions."We can however say that if these issues could be addressed the structure of the bid has potential."As things stand tonight, the Blue Knights have informed us they are in discussion with Ticketus."We will consider what progress they are making with a view to making a final decision at the beginning of next week."We realise the frustrations of the Rangers fans who want this process to come to a swift conclusion."In Rangers' case, we have been in administration just more than two months. A lot has been achieved during this time and in comparison to other British football clubs that have entered into administration, it has still been a relatively short spell that we have spent in administration so far."However, not every club in administration will have had to deal with the complex issues that Rangers face - the present owner, Ticketus and sanctions from football authorities."Unfortunately, we cannot wave a magic wand and make these issues go away. Even beyond our role, the strategy of each bidder in addressing these matters is of vital importance."Ally McCoist spoke at his press conference today about the need to build for next season - we are keen to see this happen as soon as possible."We are well aware of the problems that sustained delays may have upon the management and the team."The team have been tremendous during this difficult time, as has the wonderful support of the fans. "We would ask the fans to remain patient for a few more days. Discussions will continue over the weekend and we will have an update as soon as there are notable developments." Quote Link to post Share on other sites More sharing options...
GMac 1,405 Posted April 20, 2012 Share Posted April 20, 2012 In other words no one has actually made a bid. Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted April 20, 2012 Author Share Posted April 20, 2012 "We would ask the fans to remain patient for a few more days" Ok then! Quote Link to post Share on other sites More sharing options...
Chesh 28 Posted April 20, 2012 Share Posted April 20, 2012 Miller on Monday? Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 20, 2012 Share Posted April 20, 2012 good luck to them getting an unconditional bid. Quote Link to post Share on other sites More sharing options...
BRITNEY IS NOT FEELING IT 8,293 Posted April 20, 2012 Share Posted April 20, 2012 FFS GET YOUR ACT TOGETHER Quote Link to post Share on other sites More sharing options...
GMac 1,405 Posted April 20, 2012 Share Posted April 20, 2012 good luck to them getting an unconditional bid.We'll offer £12 million as long as there's no bad stuff. That seems to be the story with all the bids. Quote Link to post Share on other sites More sharing options...
Scott-RFC 308 Posted April 20, 2012 Share Posted April 20, 2012 What is the point of the blue knights if they cant put a bid in?Was their plan to just be given the club? Quote Link to post Share on other sites More sharing options...
scottyboyblue 61 Posted April 20, 2012 Share Posted April 20, 2012 FOR FUCK SAKE, that is not what they said on stv news, i can't remember what one it was, clark i think sais the miller bid was acceptable and if no one bettered it by monday then miller would be named as the prefered bidder, now they're trying to shift the fucking goal post already Quote Link to post Share on other sites More sharing options...
soulboy 2,513 Posted April 20, 2012 Share Posted April 20, 2012 If ticketus want any of their money back and rangers to survive they have til monday coz I just can't see how the Miller bid with his clauses will be accepted by the spl Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted April 20, 2012 Share Posted April 20, 2012 good luck to them getting an unconditional bid.so mini had no signed and sealed deal with Ticketus, does that not smack as him being naive ? Just a thought. Quote Link to post Share on other sites More sharing options...
kanjo 26,294 Posted April 20, 2012 Share Posted April 20, 2012 Just hope theres good news. Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted April 20, 2012 Author Share Posted April 20, 2012 Ticketus will not accept Miller bid, SFA/SPL will not agree to his demands,BK will rebid and be named preferred bidders. Quote Link to post Share on other sites More sharing options...
Madina 3,722 Posted April 20, 2012 Share Posted April 20, 2012 Out of curiousity how much have Duff and Phelps racked in from us in fees etc? Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted April 20, 2012 Share Posted April 20, 2012 Aww fuck off you couple of wankers. It's the same shite coming from them every time they release of of these shite depressing statements. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted April 20, 2012 Share Posted April 20, 2012 Out of curiousity how much have Duff and Phelps racked in from us in fees etc?Nothing yet, they get paid along with the creditors. Quote Link to post Share on other sites More sharing options...
JM1872 3,694 Posted April 20, 2012 Share Posted April 20, 2012 Even if we got all they sanctions and stayed in the SPL we wouldn't get relegated, the teams in the SPL are fucking pish. Quote Link to post Share on other sites More sharing options...
Madina 3,722 Posted April 20, 2012 Share Posted April 20, 2012 Nothing yet, they get paid along with the creditors.How much are they likely to get? A couple of million? Quote Link to post Share on other sites More sharing options...
sergio 1,199 Posted April 20, 2012 Share Posted April 20, 2012 It just shows you, this club could be purchased for as little as 12 Million, if we won the £25 Million case or even half of it, the new owner would be in instant profit - makes you think ... Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted April 20, 2012 Author Share Posted April 20, 2012 How much are they likely to get? A couple of million? Plus two red and black scarves. Quote Link to post Share on other sites More sharing options...
MosesMcNeil 1,664 Posted April 20, 2012 Share Posted April 20, 2012 good luck to them getting an unconditional bid.Well, that's a major problem that the bidders must accept. And the SPL. If we don't get an agreement, liquidation follows.And if liquidation follows prior to the SPL meeting on the 30th, the current rules are that go to division 3. Without passing go.SPL TV deal collapses, SPL away attendances take a massive hit, other SPL sponsorships collapse, their competition becomes a non-event until our guaranteed return. The SPL will lose millions. Probably enough to push more clubs over the financial edge.Miller spelt out enough of the realities to the SPL when asking for conditions that eradicate more penalties than we have already suffered.Will the SPL walk on the side of the economic realities or will they stick to their - ha fucking ha - principles.We'll know very soon now. Quote Link to post Share on other sites More sharing options...
corkinator 611 Posted April 20, 2012 Share Posted April 20, 2012 Mmmmmmm. The spl have played a blinder, this may be the final nail in the coffin. These fucking arseholes at the spl knew what they were doing and knew the timing was everything, fuck them, fuck them all. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted April 20, 2012 Share Posted April 20, 2012 Out of curiousity how much have Duff and Phelps racked in from us in fees etc?If murray and whyte had not taken our club to this position, there would be no fees for them and they take their money from the pot, after being agreed by the creditors and of they object at the fee they can ask the court to look a their bill.Madina they are getting paid a going rate fro doing a job. Quote Link to post Share on other sites More sharing options...
bailbo 9 Posted April 20, 2012 Share Posted April 20, 2012 well it's clear to me Bill Miller is asking will the SPL hold him as the new owner Accountable for the previous owners mistakes and Breaches, if he did it before there new rules how can they ? because we would be out of Administration and legally his rangers are a seperate company to the old one, so can they punish us for previous owners breaches, if he was to get Whyte, Ticketus and Hmrc to agree that his rangers are seperate from the old one but still 'rangers' how can they punish us Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted April 20, 2012 Share Posted April 20, 2012 FFS x 10000000000000000000 Quote Link to post Share on other sites More sharing options...
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