LeeWallaceRFC 3,920 Posted May 28, 2012 Share Posted May 28, 2012 Duff and Phelps, the administrators of Rangers Football Club, issued the following statement this evening.Paul Clark, Joint Administrator, said: "A formal notice of the CVA meetings will be sent to all creditors and shareholders of the Club tomorrow providing further details of the CVA process."The proposal will offer the best return for all stakeholders given the position the Club is in. If approved by the creditors, the CVA proposal will rescue the Company and finally enable it to exit administration."Details of the CVA proposal have been finalised today and there has been additional consultation with certain stakeholders. We had hoped the results of this consultation would have enabled us to publish the proposal today but administrative alterations mean the document will be published tomorrow. Rangers supporters should be reassured the CVA process is on track. The creditors' meeting to consider, and hopefully approve, the CVA will be held on Thursday 14 June."http://www.rangers.co.uk/news/football-news/article/2790824 Quote Link to post Share on other sites More sharing options...
Rfc#1. 1,877 Posted May 28, 2012 Share Posted May 28, 2012 Good stuff. Things moving along nicely it appears. Quote Link to post Share on other sites More sharing options...
bazza010 393 Posted May 28, 2012 Share Posted May 28, 2012 i will be very very surprised if this gets accepted,going through the motions if you ask me... Quote Link to post Share on other sites More sharing options...
JM1872 3,772 Posted May 28, 2012 Share Posted May 28, 2012 Please, please, pleaaaaseee!From the day I was born, I have taken supporting Rangers Football Club for granted. I looked on at other clubs entering administration and didn't think anything of it. I, like all my fellow Bears, have experienced the unsufferable throughout this dark chapter in this great institutions history. Administration is such a hard process for all involved - at any club. Hopefully now we are seeing light at the end of the tunnel and I am just hoping, with everything I've got, that this gets accepted and we can move on from this sorry state of affairs.No matter what happens though, we must stand shoulder to shoulder and remain united. Quote Link to post Share on other sites More sharing options...
ScottBF2 3,540 Posted May 28, 2012 Share Posted May 28, 2012 Another delay ffs fuck you Duff and Phe-... aw.Well this is new. Quote Link to post Share on other sites More sharing options...
stuart54 218 Posted May 28, 2012 Share Posted May 28, 2012 i will be very very surprised if this gets accepted,going through the motions if you ask me...Why would you be surprised if accepted? Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted May 28, 2012 Share Posted May 28, 2012 i will be very very surprised if this gets accepted,going through the motions if you ask me...What experience are you basing this on bud? Quote Link to post Share on other sites More sharing options...
Ryan_1 1,136 Posted May 28, 2012 Share Posted May 28, 2012 Better late than never I suppose.Looks like Thursday 14th June will be a massive day for this football club. Quote Link to post Share on other sites More sharing options...
Smile 26,622 Posted May 28, 2012 Share Posted May 28, 2012 i will be very very surprised if this gets accepted,going through the motions if you ask me... Can you explain to us why you think that ? Quote Link to post Share on other sites More sharing options...
Allanger 625 Posted May 28, 2012 Share Posted May 28, 2012 edited/ talking pish Quote Link to post Share on other sites More sharing options...
Ryan_1 1,136 Posted May 28, 2012 Share Posted May 28, 2012 Been off the board for a few days now Ryan so may have missed something but was it not the 6th of June?D&P delaying posting of the CVA proposal, takes a two week period, so the 14th is earliest possible date now.I think that's my understanding of it, although I'm no expert. Someone will probably confirm it. Quote Link to post Share on other sites More sharing options...
CanadianBacon 2,088 Posted May 28, 2012 Share Posted May 28, 2012 What experience are you basing this on bud?You are assuming that the poster is a 'Bud' when indeed he/she could be a 'Budette'. Quote Link to post Share on other sites More sharing options...
ginge224 3 Posted May 28, 2012 Share Posted May 28, 2012 Lets just hope this is a light at the end of the tunnel and not just the headlights of an oncoming train. Quote Link to post Share on other sites More sharing options...
watp_1972 5 Posted May 28, 2012 Share Posted May 28, 2012 im not religious but il be on my knees praying this cva gets accepted Quote Link to post Share on other sites More sharing options...
LegendofCoop 17,484 Posted May 28, 2012 Share Posted May 28, 2012 I'm astonished none of you so called Bears have picked up on something so obvious.....almost fate! CVA meeting is scheduled for 14/6/12. There's a critical issue to think on. The 28 day cooling off period before we can be sure to be fully out of administration.14/6/12 + 28 days = 12/7/12!!! It's fate I tell ye!! :crabflute: Quote Link to post Share on other sites More sharing options...
tbblue 167 Posted May 28, 2012 Share Posted May 28, 2012 Have I missed something, I thought it was the 6th June that the meeting was to be held? Quote Link to post Share on other sites More sharing options...
Agoram1 42 Posted May 28, 2012 Share Posted May 28, 2012 Good news. Hopefully this can be the beginning of the end of the whole process. Don't know if I can take much moreDo u think that is why the Spl have a date of 15.06.12 for the docs to be handed over?? Quote Link to post Share on other sites More sharing options...
Crespie6 334 Posted May 28, 2012 Share Posted May 28, 2012 I'm astonished none of you so called Bears have picked up on something so obvious.....almost fate! CVA meeting is scheduled for 14/6/12. There's a critical issue to think on. The 28 day cooling off period before we can be sure to be fully out of administration.14/6/12 + 28 days = 12/7/12!!! It's fate I tell ye!! :crabflute: What's significant about the 12th of July? 23 years since Mo Johnston signed? Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 28, 2012 Share Posted May 28, 2012 Have I missed something, I thought it was the 6th June that the meeting was to be held?Delay in forming the proposal has put that back by eight days. Quote Link to post Share on other sites More sharing options...
beattie72 170 Posted May 28, 2012 Share Posted May 28, 2012 12th of July you say Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 28, 2012 Share Posted May 28, 2012 i will be very very surprised if this gets accepted,going through the motions if you ask me...There does appear to be a growing body within the profession which agrees. Quote Link to post Share on other sites More sharing options...
LegendofCoop 17,484 Posted May 28, 2012 Share Posted May 28, 2012 What's significant about the 12th of July? 23 years since Mo Johnston signed? Quote Link to post Share on other sites More sharing options...
LegendofCoop 17,484 Posted May 28, 2012 Share Posted May 28, 2012 12th of July you say Aye, Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted May 28, 2012 Share Posted May 28, 2012 "Details of the CVA proposal have been finalised today and there has been additional consultation with certain stakeholders" Ticketus and HMRC I think!!! Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted May 28, 2012 Share Posted May 28, 2012 "Details of the CVA proposal have been finalised today and there has been additional consultation with certain stakeholders" Ticketus and HMRC I think!!!Some big words there mate Quote Link to post Share on other sites More sharing options...
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