johnnyk

It's not all about money, these things don't happen very often yet people still moan when they do. I think this has cheered up millions of people in the UK (and the world) even the skint ones who like the Royals. The ones who moan they don't want to watch it why don't they just turn over to another channel there is plenty on SKY of even freeview these days or just switch it off! Wouldn't it just be better to ignore it rather than moan about it unless of course you like a good moan!! I hardly seen any live stuff about the Jubilee but watched some on SKY+ and found some of it very good and have to admit I love watching all the union flags flying it's a great site to see. The Queen IMO works hard and has done during her reign, she certainly does more than people think but everyone is entitled to their opinion. I'd rather celebrate something British than the likes of St Patricks day or special visits from foreigners!

why wouldn't he be, his future is on the line and i'm sure most of the out of contract players are doing the same......

didn't he say recently he wanted to stay, we'll soon see.....

Hope he stays, good young versatile player who will IMO get better the more playing time he gets for us.

signed........

No thanks i'd rather play a young boy before the likes of Black............

I am all for giving youngsters a chance but not all young players are at the same level. If we 'have/had' to play them due to our circumstances we might end up ruining some players careers if they are played too much at such a young age. I'm sure Rangers would/will get the blame if this did happen though!!

What about playing a team of youngsters (we might have to anyway)? To raise more money could we instead create a small league of decent teams in Europe who also do not have European football next season playing home and away with the home teams keeping the money? I'm sure we could sell out 3 or 4 games midweek with decent opposition to make up for no European games, get the club some money, give our young players experience against European teams and give the fans something else than dull Scottish football or is this against Uefa rules?

I think it's mainly in the best interests of Rangers, they seem to be the only ones talking who do seem to care what happens to us but seem to be just coming up short with their bids or D&P just don't like them I don't know. Green doesn't have the best of backgrounds with Sheff Utd and unless more details come out in the open fans are always going be against it IMO.

It looks like TBK are still fighting for us, surely D&P must see sense and accept their bid as they seem the only ones really interested in saving us!!

This just shows D&P are just lying bastards!!!

http://news.stv.tv/scotland/99503-in...d-for-rangers/ From: The Consortium known as the known as the Blue Knights Consortium (the Consortium) and Brian Kennedy To: Mr Paul Clark and Mr David Whitehouse The Administrators of The Rangers Football Club plc â?? In Administration Duff & Phelps Limited 43-45 Portman Square London W1H 6LY 28 April 2012 Dear Sirs Offer Letter - SUBJECT TO CONTRACT The Rangers Football Club plc â?? In Administration (the Company) We are writing to make an offer, subject to contract, by a consortium headed by Paul Murray, known as the Blue Knights Consortium (the Consortium) and Brian Kennedy, such offer to be subject to legal and financial due diligence, to purchase the shareholding of the Company and the business and assets of the Company (the Shareholding and Business and Assets). 1 PRICE 1.1 Subject to the matters set out below, we are prepared to purchase free from all liens, charges, equities and encumbrances such right, title and interest as the Company has in the Shareholding and Business and Assets, and in Ibrox Stadium and Murray Park (together the Premises) for a consideration of: 1.1.1 £5,000,000 (subject to paragraph 1.3 below); 1.1.2 the discharge of the debentures for £8,000,000; 1.1.3 an additional sum of £500,000 payable in consideration of and payable on the successful acquisition of the shares in the Company held by Craig Whyte and/or persons associated with or connected to him (which amount to at least 85% of the entire issued share capital of the Company); 1.1.4 the assumption of the football debts (up to a maximum of aggregate amount of £1,000,000) owed by the Company to Scottish football clubs; 1.1.5 on Rangers Football Club successfully qualifying for the group stages of the UEFA Champions League competition to be held in seasons 2012/13 and/or 2013/14, an additional £500,000 (for the avoidance of doubt, the maximum amount payable under this paragraph 1.5 is £1,000,000); and 1.1.6 on Rangers Football Club successfully qualifying for the quarter final stages of either of the UEFA Champions League competition to be held in seasons 2012/13 or 2013/14, an additional £1,000,000 (for the avoidance of doubt, the maximum amount payable under this paragraph 1.6 is £1,000,000). 1.2 The apportionment is subject to further discussions and will be agreed in the contract. The structure of the purchase vehicle and the Company will be in whatever form is necessary to comply with regulations as stipulated by the Scottish Football Association (SFA), the Scottish Premier League (SPL) and UEFA. 1.3 A deposit of £250,000 shall be paid forthwith on confirmation that we have been granted preferred bidder status and on the entering into of a binding exclusivity agreement to our satisfaction providing exclusivity in accordance with paragraph 9 below. Such deposit will become a non-refundable on the satisfaction of all of the conditions to our offer and set out in this offer. Until such time, the deposit shall be entirely refundable on notice from us in writing to you and until the deposit becomes non-refundable, it must be held in Duff & Phelps' client account, on trust for us. On successful completion of the purchase of the assets by us pursuant to this offer, the deposit will be deemed to be a part payment of the amount referred to in paragraph 1.1.1 above. 2 PAYMENT 2.1 The total consideration will be paid in full on completion following the sale and purchase of the Shareholding and Business and Assets, and Premises. 3 ASSETS BEING ACQUIRED 3.1 The Premises; 3.2 The SPL and SFA Shares; 3.3 The Player Registrations; 3.4 The plant, machinery, office furniture and equipment owned by the Company in relation to the Business whether situated at the Premises or elsewhere; 3.5 The goodwill of the Company relating to the Business including the right to use the name "Rangers Football Club"; 3.6 Stock, raw materials, finished products and work in progress relating to the Business including any deposits received by the Administrators after the date of the administration relating to any of the customer contracts which we may acquire and complete; 3.7 The existing order book and customer contacts of the Company relating to the Business; 3.8 All intellectual property rights, licenses and trademarks of the Company relating to or used in the Business; 3.9 Any monies owing to the Company including football monies, which we understand to be circa £3,500,000, however, the running losses of the business through the administration period and the administrators' fees and expenses will be deducted from this amount; 3.10 The books and records of the Company relating to the Business excluding the records created by the Administrators for the purposes of the administration; 3.11 The vehicles owned by the Company and used in the Business; 3.12 All and any other assets of the Company. We would expect all assets of the Company to be included in the sale, except for such assets of the Company that are needed (subject to our due diligence and agreement) to pay creditors within the administration and to pay the reasonable costs of the administrators and their advisors. 4 EMPLOYEES We shall only take over responsibility for those employees which are employed in the Business as at the date of actual completion. We also require the benefit of the Company's insurances in respect of actual or prospective claims by such employees, particularly in respect of health and safety matters. Any employees located at the Premises who are engaged either wholly or substantially in other areas of the Company's business or within the Company group will not transfer to us. The offer made takes into account the Transfer of Undertakings Regulations and we will require full due diligence in respect of the action taken by the administrators in relation to the employees of the Company and in particular the players recently released. 5 ACCESS TO RECORDS As part of the due diligence exercise you will allow us access to the Company's records relating to the Business and Assets and Premises and in particular to its suppliers and its principal customers, including details of all present and future orders placed by those customers (subject to any reasonable and appropriate confidentiality agreement being entered into). As part of this requirement, our client also requires access to all necessary information in order to submit an application to UEFA for a license to compete in UEFA competitions by the appropriate deadline. 6 THIRD PARTY ASSETS All assets owned by third parties, whether on loan, hire, hire purchase, lease or any similar arrangements but presently in the possession of the Company at the Premises in relation to the Business are excluded from the sale. Neither the Company nor the Administrators will object to and will use their respective best endeavours to assist us in any negotiations to continue possession and use of or to acquire title to any such assets. 7 CHARGES/SECURITIES The existing charges or securities registered against the Shareholding and Business and Assets and Premises will be released in full on completion of the sale and purchase. 8 TERMS AND CONDITIONS Our offer is made subject to the following: 8.1 that a CVA is issued to creditors within 2 weeks of the date of this offer in a form acceptable to us; 8.2 that a CVA is agreed by the requisite majority of creditors and the period for challenge of the CVA expires with no challenge being made; 8.3 that we are granted exclusivity until the date of the creditors meeting to approve the CVA and if the CVA is approved at the creditors meeting, the period of exclusivity shall automatically extend until such time as SFA and SPL agree to transfer the Shares; 8.4 that the SFA and SPL grant approval to the transfer of the Shares in the SFA and SPL to our Newco purchasing vehicle; 8.5 that we are satisfied with the results of legal and commercial due diligence reviews to be undertaken by us and our advisors; 8.6 to acquire, in accordance with the Code (as defined below), at least an 85% shareholding of all shares held in the Company to our satisfaction, including those held by Craig Whyte and/or persons associated with or connected to him. Nothing in this letter represents a legally binding offer for the shares (or any of them) in the Company nor by virtue of this letter will we acquire any interest in any shares in the Company for the purposes of the City Code on Takeovers and Mergers (the Code) nor does this letter constitute or evidence a firm intention on our part to make an offer for shares in the Company for the purposes of the Code; 8.7 all onerous contracts are terminated prior to the CVA with such onerous contracts to be approved by us; 8.8 that the purchase of the Shareholding and Business and Assets and Premises may be by a different group company or through a newly incorporated company as appropriate; 8.9 the release of all security over any assets of the Company including in particular the security originally granted in favour of Bank of Scotland and understood to have been assigned to Craig Whyte and/or associated parties; 8.10 we being satisfied that we have a full understanding of the all penalties, sanctions, and the like which have been or may be imposed upon the Company or Glasgow Rangers Football Club by the SFA, SPL or UEFA and/or any other relevant bodies and the ramifications thereof including any potential penalties in respect of breaches relative to player contracts arising from the EBT Scheme or any other matters, 8.11 that Ticketus has no legal ownership of future season ticket revenues and only has status as an unsecured creditor in respect of any claim it may have; 8.12 that this offer is made under English law and jurisdiction is within the English Courts. 9 EXCLUSIVITY The Company and the Administrators will agree not to enter into any contractual negotiations with any other party until such date is called for the creditors meeting to approve the CVA. 10 FUNDING We confirm that we have funding in place to finance this offer and confirmation of the availability of this funding will be provided by Barclays Wealth on 30 April 2012. 11 COSTS AND VAT Each party will be responsible for its own costs and expenses in connection with the matters contemplated in this offer. We assume that this will be a transfer of a going concern and that no VAT is chargeable. 12 CONFIDENTIALITY Following completion there shall be a bar on publicity by either party of the proposed sale and purchase unless jointly agreed in writing. 13 NO INTENTION TO CREATE LEGAL RELATIONS Notwithstanding anything contained in this letter, this does not and shall not in any circumstances be taken to constitute or form the basis of a contract between the parties who do not intend to create any legal relationships between them. Neither the Company nor the ourselves shall have any obligation to the other until the formal sale and purchase agreement reflecting and/or providing for the matters herein contemplated shall have been signed and exchanged between them. We look forward to hearing from you as soon as possible so that we can proceed to the formalities of the sale and purchase. Yours faithfully

It looks like we're getting buggered by everyone. SDM, then Craig Whyte, the SFA and for the last few months D&P and now this comes out. It's very worrying and certainly looks like they couldn't care less about us, depressing news.......

As a matter of extreme urgency the three leading Rangers fan organisations have asked for an immediate meeting with the club administrators, Duff and Phelps. In view of the recent history of the club and the purchase process all Rangers fans are highly nervous about the identity of potential owners and that they have the ability to deliver promises made in bidding for the club. Fans are the major investors in Rangers and deserve clarity on potential owners and the plans they have for the club ahead of completion of a deal. ANDY KERR, PRESIDENT, RANGERS SUPPORTERS ASSEMBLY JOHN MACMILLAN, GENERAL SECRETARY, RANGERS FC SUPPORTERS ASSOCIATION GORDON DINNIE, CHAIRMAN, RANGERS SUPPORTERS TRUST http://www.twitlonger.com/show/hcsrti

SSN reporting the London consortium to be named PB shortly ............

From FF: @mattslaterbbc In meantime, D&P says it will be tomorrow morning now for decision, sounds like this new lot in pole position #RFC

STV News‏@STVNews Rangers crisis: Administrators say there are two bids left on the table after Blue Knights withdrew from running http://bit.ly/JlryXv

Rangers FC Official ‏ @RFC_Official AMcC - Spoke to the administrators & they were very positive and said they were very close to naming a preferred bidder. Rangers FC Official ‏ @RFC_Official AMcC - I know one of the gentlemen involved in one of the bids for the club. I'd be very positive about this gentlemen but I've not met him.

I was just going to say the same, it was reported he sold them to the consortium for £1....

I think Villa have been unlucky with injuries this season, with little or no money to spend either McLeish has kept them up and i'm sure he will be there for at least the start of next season. They have a few youngsters there who look good prospects but they need to invest or will be a bottom of the league club from now on.

Scottish football has been poor for years, value for money even when winning trophies is virtually non existent and has been for years. the season ticket prices won't be coming down but will continue to go up if we stay in the SPL, and if we don't I doubt it will come down much for us to keep surviving. I am really not enjoying going to games (except from the social side but even that has had it's down side for me this season lol) and it's only going to get worse from here for a long time. I am thinking along the lines I would rather spend my Saturdays or whenever with my family and for someone who has been going for years I didn't think I would be saying this. Then again I might think differently once the season nears

The next 2 home games could be my last ever, sad days. :sad:

http://www.dailymail.co.uk/sport/football/article-2138164/Rangers-look-set-newco-option.html Manager Ally McCoist insists the history of Rangers will never be lost â?? even if the Ibrox club are reborn as a newco. As another day passed without the appointment of a preferred bidder, McCoist expressed the view that a newco club, reapplying for membership of the SPL, now looks increasingly likely. That was later denied by Brian Kennedy, one of the two bidders in the frame, who insisted that he and Paul Murrayâ??s Blue Knights consortium still believe they can achieve their goal of a Company Voluntary Arrangement (CVA) with creditors and exit administration before next season. History boy: Ally McCoist is not concerned about the effects of a newco With time running out, however, Kennedy or American Bill Miller cannot rule out the possibility of dumping the toxic debts of old Rangers and buying up the assets to establish a new club, playing out of Ibrox. Supporters remain opposed to losing the heritage and history of the existing club, but McCoist believes it wouldnâ??t be a disaster. He said: â??If it happened, we would still have the history of the club, absolutely. I have done a bit of homework on it and newcos have happened at clubs like Plymouth and Crystal Palace. â??I can imagine people would try to wind up supporters about it â?? thatâ??s part and parcel of the game. â??But, make no mistake, we wouldnâ??t lose our history at all. We wouldnâ??t allow that to happen. â??If there is a team playing at Ibrox in blue shirts, itâ??s Rangers. I think Iâ??m right in saying we only became a plc in 1899, which was 27 years after we were formed. Nobody really recognises that change, but there have been changes all the way down the years. â??Rangers are Rangers and that would be the opinion of the vast majority of people.â?? Still in the game: Brian Kennedy is waiting to hear from the adminstrators Kennedy submitted a â??materially increasedâ?? conditional offer to the Rangers administrators on Saturday night and he awaits news of its fate from Duff & Phelps. The Edinburgh-born businessman has said all along that his offer is conditional on the delivery of a CVA and Craig Whyteâ??s shares and that remains his stance, despite McCoistâ??s view both bids could feature a newco structure. Kennedy told Sportsmail: â??There is still time to do a CVA. That remains our preference, but it is very difficult.â?? Miller has proposed setting up an â??incubator companyâ?? into which he would transfer the clubâ??s assets. Asked if his plan involved a newco in any shape or form, Kennedy said: â??The fact is that when people talk about a newco they donâ??t mean an investment vehicle. â??They mean that the SPL share will transfer from Rangersâ?? old company into a new Rangers company â?? and that is why they need to be accepted into the SPL. In the running: Bill Miller â??Itâ??s also why they canâ??t play in Europe for three years. Thatâ??s all it means.â?? Kennedy had hoped to be given the green light to move forward by Tuesday night, but McCoist believes the process could drag on until the end of the week. He added: â??Two potential purchasers are still in heavy negotiations with the administrators. â??They are really hopeful to have named preferred bidders very soon â??certainly before the end of the week and maybe before that.â?? â??I spoke to Bill Miller on Friday for an-hour-and-a-half. I also spoke with Brian Kennedy on Friday. â??They are both seriously interested and they are certainly asking the right questions of myself and the administrators. â??Right now, itâ??s looking like a newco. Iâ??m told that both potential purchasers have newco as part of their plan, but itâ??s not liquidation. â??Thatâ??s a very important point because I think the vast majority of the fans do not want liquidation. I would imagine there are some of them who wonâ??t be happy with a newco. â??I think if the newco is the best option without liquidation, then hopefully the fans will come round to it.â??

think it'll be an open game with both teams going for the win and city just to edge it..............

got a bet on Real Madrid from the start, hoping they get through and win of course, but well done Chelsea, not many gave them a chance!!!