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TBK & BK quantum was £11 million


tbblue

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Around £3 million of that was to football creditors and Rangers is owed something like £3.5 million from other football clubs. So, I make that a quantum of around £8.5 million and £2 million of that was contingent on European football. It all sounded pie in the sky to me.

Agreed. I don't see how D&P can act out there responsibilities in other way. They need an instant pot of money in exchange for the shares and the assets.

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So let's cut the BS about they did not put the money up, they clearly met the administrators required sum. d&P are clearly to blame....don't believe anything else as its complete bunkum!

Look Mate if your coming out with this Info ,then what are Duff and Phelps motives here .Their Legal right is to Creditors and if they are at it they will be found out .

What are they going to Gain by Screwing TBK/BK over in all this.

You cant just come out ,and say their in it with Whyte we need evidence of that .

And if its Whyte orchestrating the Bids, then we need Proof of that too.

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It's money up front for creditors for the last time ffs.

This is getting tedious trying to explain this to folk.

The creditors are here for the good of the creditors... Not the club.

And they want cash, cash on the table in front of them. Not with so many caveats.

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Perhaps a few who claim to be "in the know" should seek out and read the release of an e-mail from Mr Kennedy's lawyer to Duff & Duffer which rips the lie to shreds.

Serious allegations of mis-representing the bid and its details, so ask yourself why ? Why would D & P lie about what the leading bid form a group in the process from day one was actually presented, to chase 2 "new" bidders who have simply appeared overnight with no due diligence or history to refer to.

Criminal !

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Perhaps a few who claim to be "in the know" should seek out and read the release of an e-mail from Mr Kennedy's lawyer to Duff & Duffer which rips the lie to shreds.

Serious allegations of mis-representing the bid and its details, so ask yourself why ? Why would D & P lie about what the leading bid form a group in the process from day one was actually presented, to chase 2 "new" bidders who have simply appeared overnight with no due diligence or history to refer to.

Criminal !

What people forget is that if anything happens, a judge will see what's sitting on D&P's desk, the full written bids by all parties and any communication that occurred between the two. The admins don't just walk out the doors at the end-whatever way that may be, into the sunset unquestionably. Everything they do will be scrutinised. People conveniently forget that little fact. If D&P are doing anything criminal they'll be found out, and disbarred/sacked. Kennedy or the Admins may be lying, to save face. Who cares what the media says, I care what's actually on that written offer, and what a judge will say.

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