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For Sale: Rangers FC. Several Careless Previous Owners.


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It kept me awake, so I wrote a blog about it...

 

The battle to own Rangers Football Club seriously heated up on Friday. Administrators Duff & Phelps confirmed three concrete bids had been received on their stated deadline, with one more supposedly imminent over the weekend. The 3 publicised interested parties are 'The Blue Knights', headed by Paul Murray, rugby primo Brian Kennedy, and a Chicago-based consortium possibly called 'Club 9 Sports'. The belated bid is alleged to be from Singapore headed by Glasgow businessman Shazad Bakhsh.

 

Ibrox Noise: For Sale: Rangers FC. Several Previous Careless Owners.

 

Having looked at all the options, do you agree with my conclusions so far?

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"After having our fingers burned by a Whyte Knight, we no longer wish to be pawns in any game."

 

And how can we stop that from happening?

 

Money and/or ego's mean more to those with power than the club.

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"After having our fingers burned by a Whyte Knight, we no longer wish to be pawns in any game."

 

And how can we stop that from happening?

 

Money and/or ego's mean more to those with power than the club.

 

I don't know. I'm more concerned than I was about the options we have. We have the problematic Knights, the reluctant Kennedy, and the unreliable Club 9 Sports.

 

None of these bids inspire me now.

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I don't know. I'm more concerned than I was about the options we have. We have the problematic Knights, the reluctant Kennedy, and the unreliable Club 9 Sports.

 

None of these bids inspire me now.

Danny what happened to the Singapore bid? As I understood it they spent £150,000 preparing the ground work only to not declare yesterday. Now they wouldn't have done that if they had not been serious, surely?
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I don't know. I'm more concerned than I was about the options we have. We have the problematic Knights, the reluctant Kennedy, and the unreliable Club 9 Sports.

 

None of these bids inspire me now.

Danny what happened to the Singapore bid? As I understood it they spent £150,000 preparing the ground work only to not declare yesterday. Now they wouldn't have done that if they had not been serious, surely?
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After having our fingers burned by a Whyte Knight, we no longer wish to be pawns in any game.

 

That particular Whyte Knight hasn't left the board and has no intention of doing so, watch out for him shouting cheque mate!? (somebody else's of course)

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The bids will all be subject to the CVA being agreed.

 

I would say we have received NO concrete bids so far.

 

Only someone who intends to liquidate would bid without the appropriate caveats.

 

This administration process is being handled very, very unusually.

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