Generic Sevco / Rangers meltdown thread

[bighairyfaeleith]

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Grab yourself a cuppa (or five) and find a quiet spot for a couple of hours. Quite staggering reading

http://www.scribd.com/doc/93212354/S...asons#readcast

cheers, started to read it but suspended it now until tomorrow night when I don't have glass of wine in my hand

[1875godsgift]

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Yeah, I read and re-read that this morning. Had another sip of coffee, and re-read it. Considered mis-quotes, and re-read it.

And then said to myself (given that I was on a crowded train and didn't want one of those YouTube moments).... "they cannot be effin serious!"

Outrageous, and D&P were right to tell them to GTF.

They seem to be saying " We'll have all the best bits for **** all, and we'll leave all the crap for somebody else to deal with. Oh and we're not guilty if the **** hits the fan. "
Is that about right?

[Tynie01011973]

Why do they think that Duff & Duffer chose the Yank's bid of over £ 11m when they are offering peanuts that the Creditors are never gonna accept
as a CVA [Company Voluntary Agreement]

Lets not forget that the Big Tax Case ISN'T completed or included in the Administration process YET !!!!

[down-the-slope]

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Why on earth do these muppets think that a CVA can be achieved with a pot of £5.5m ? It gives the creditors virtually nothing and they would be much better gambling on liquidation.

And where have they been for the last month that they haven't heard that a 12 month transfer embargo has been placed on these criminals ?

indeed..there are so many caveats in there that would have made it hit the buffers (I know a fair amount are standard contract stuff...but with full knowledge of the circumstances there is no point having them when they cant be met)

the players will do 'walking away' and they do have 'football debt' which SFA & UEFA will not miss....although if you are the local florist owed money you can wistle...a part of the community and long standing institution...aye right

[Gus Fring]

I've just heard that with his recent winnings, Duff and Phelps are expected to announce Pudsey the dog as the new preferred bidder on Monday Morning.

Not sure how well that'll go down, afterall "They don't do walkies"



(Couldn't Resist)

[Www1875hfc]

Ive been told that Duff and Phelps have asked for extra security measures to be in place on Monday morning.

Liquidation ?

[Levenhibee]

At last we are fast approaching the end game.

[Saorsa]

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At last we are fast approaching the end game.

No fast enough.

[Hibs Class]

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Ive been told that Duff and Phelps have asked for extra security measures to be in place on Monday morning.

Liquidation ?

[Haymaker]

Convinced that Monday is the day of liquidation.

[Saorsa]

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Convinced that Monday is the day of liquidation.

[Hibernia Na Eir]

Death to RFC.
sink the evil hoors.

[SteveHFC]

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Convinced that Monday is the day of liquidation.

[stokesmessiah]

Anyone got a logon for swallow swallow they fancy sending to me in a pm?

[AFKA5814_Hibs]

I am so bored with all this. End result will be that Huns FC will be in the SPL next season. :-(

[stokesmessiah]

A lot of talk on twitter and other sites tonight that green is looking to buy the club lock, stock and barrel for 8.5 million quid up front. Does this not mean he would just inherit all the liabilities though?

[CropleyWasGod]

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A lot of talk on twitter and other sites tonight that green is looking to buy the club lock, stock and barrel for 8.5 million quid up front. Does this not mean he would just inherit all the liabilities though?

If he is buying the shares, then yes. But that would suggest he's wanting a CVA

If he is buying the assets, though, it sounds like he wants a Miller-type deal.

[stokesmessiah]

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If he is buying the shares, then yes. But that would presume he's wanting a CVA

If he is buying the assets, though, it sounds like he wants a Miller-type deal.

Straight £8.5m Sale of club No PB status

@GersnetOnline: Not hearing good news. No preferred bidder but an actual straight deal to sell club to Green for £8.5million. Hope I'm wrong! #wrongchoic

This is what was on twitter. Been talked about in the bears den also.

I am guessing your right and they are going to try and go for a newco.....if this is true. Also, you have to wonder if this guy has seen the books yet and when he does will he do a Billy Miller and bolt?

[Onion]

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Very good article as you say

What a joke of paper. The Sun, which is still pilloried in Liverpool for its infamous crass judgement, tries to join the good side after months of openly supporting criminals and criminal acts. This paper is as embarrassing to Scotland as RFC and should be mothballed like Ibrox.

[Onion]

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Straight £8.5m Sale of club No PB status

@GersnetOnline: Not hearing good news. No preferred bidder but an actual straight deal to sell club to Green for £8.5million. Hope I'm wrong! #wrongchoic

This is what was on twitter. Been talked about in the bears den also.

I am guessing your right and they are going to try and go for a newco.....if this is true. Also, you have to wonder if this guy has seen the books yet and when he does will he do a Billy Miller and bolt?

£8.5m is pocket change in football terms. Sounds like a fly bid just to see what he might be able to pick off the bones.

Didn't mad Vlad value the Yams at £50m ?

[stokesmessiah]

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£8.5m is pocket change in football terms. Sounds like a fly bid just to see what he might be able to pick off the bones.

Didn't mad Vlad value the Yams at £50m ?

And worth every penny

[RickyS]

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£8.5m is pocket change in football terms. Sounds like a fly bid just to see what he might be able to pick off the bones.

Didn't mad Vlad value the Yams at £50m ?

sure that was just Andy Driver

[stokesmessiah]

From the bears den..

"Davis out for £2m and Gattuso in on a free would be good business"

Clearly still not getting it.

[joe breezy]

I was just reading that Green is buying the club, Huns also have a rumour that the big tax case has been agreed at 11 million

What about the EBT thing? Is that the same as the big tax case?

I just want them to hurry up and close, I've enjoyed the entertainment but no way do u want to see them get out of this in any way

[seanshow]

Two shepherd's have appeared on the scene, but are they wise men?





+ stable door, white horse bolted etc.......

[TrickyNicky]

I'm not sure where this debate of losing TV money has come from ?

I really feel the SPL have nothing to fear in regards to TV money if they decide to do the right thing, which really is the only option here if they are to have any respect for their position and abide by the rules.

What successful company would pull out of a TV deal because the authorities have shown integrity and made a decision that is for the benefit of the game.

That would be THE worst bit of PR ever and not one that SKY - whose business is pretty much " Sport " would be able to justify in any shape or form.

Q: " Why did you guy's pull the plug "
A: " Oh, we thought that honesty wasn't the way forward ".

Rangers might do walking away but I don't think Sky would have a choice in the matter.

[Matty_Jack04]

The longer this drags on the more I think somehow there going to escape this and it stinks

[Ozyhibby]

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The longer this drags on the more I think somehow there going to escape this and it stinks

The longer this drags on the less likely they will have a new club up and running that can play in any league in time for august.
They still have to secure a stadium to play at and a license to play from the SFA, eufa and the SPL.
If they get to liquidation without a preferred bidder then who gets the right to start the new club? Craig Whyte? Blue knights? Brian Kennedy?
Most likely whoever controls Ibrox which is most likely going to be Craig whyte. He won't give it up until he is free from ticketus and the bidder don't seem to have enough money to cover that.
I think things are proceeding at just the right pace for me and I think there is a good chance there will be no rangers playing in Scotland next season at all.

[lapsedhibee]

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I think things are proceeding at just the right pace for me and I think there is a good chance there will be no rangers playing in Scotland next season at all.

See that Guantanamera - brilliant tune so it is by the way.


no Glasgow Rangers, there will be no Glasgow Rangers
no Glasgow Raaaaangers, there will be no Glasgow Rangers

[Just Alf]

@Daily_Record: Rangers: Premier League new boys Southampton keen to land Rangers skipper Steve Davis http://t.co/jhgrxXwS

The vultures are circling!