There are two stick on guarentees for today:
1) D&P to set a new deadline for bids and a statement confirming they expect the deal to be done before the end of the season
2) A revised bid from TBK/BK
There is no time for TBK/BK to mess about with pitiful offers of CVA as they previously did. Its time to club together & give D&P the best possible offer they can do or leave these potential new bidders to do there thing.
How much time has been wasted by these clowns Murray & Kennedy already??
The only offer D&P could accept was £11.2m, this needs to be matched at least IMO & needs to be done today
Predictions For Today
posted on 9/5/12
Strong rumours kicking about that Bert and Earnie are lining up a triple swoop with big bird
posted on 9/5/12
i think theyve probably taken more than 11.2m from Rangers themselves.
posted on 9/5/12
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posted on 9/5/12
It's over. Rangers will be liquidated in a matter of weeks if not days. No newco will emerge to play in the spl next season, there's no time.
I predict a season without Rangers then a watered down version will appear in the SFL the following season.
posted on 9/5/12
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posted on 9/5/12
Why would that be the only offer they can accept?
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I meant it was the only offer they did accept.......from Miller.
TBK/BK offered less than half that!!!
IMO they need to offer at least £10m for any hope of a CVA, no time to barter with wages back to 100% in 3 weeks and SPL/SFA will need to sort out fixtures soon for next season.
posted on 9/5/12
Nnh
heard that rumour, better hurry tho, shergars bids already in
posted on 9/5/12
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posted on 9/5/12
A guy called Jack has offered some magic beans...
posted on 9/5/12
How does that add up though? Millers bid was 11.2m and he reckoned it was not financially viable so surely any bid would have to be considerably less than this?
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TBK/BK want a CVA though, therefore they need to agree this with creditors for their plan to happen. They will not get a CVA for less than that if the FTT dismisses the appeal IMO.
If BM thinks its not financially viable for the £11.2m to do a CVA & then pump in the required funds to take the club forward.........I fail to see how TBK/BM offering £5m for a CVA & getting knocked back is going to help anyone.
As I said, if they REALLY want to stop liquidation they need to make an offer D&P think the creditors will accept. The sort of offers touted by TBK/BM fall well short of this hence they did not get preferred bidder status.