Right on cue Duff and Phelps have pulled out another rabbit from a hat with a 10am media conference to announce Charles Green as this week’s preferred bidder.
Less than 10 days after announcing Tennessee trucking tycoon Bill Miller as their preferred bidder Duff and Phelps have switched horses to back the controversial former Sheffield United owner as the latest savior of Rangers.
With the final match of the season taking place at St Johnstone this afternoon it really is mission accomplished for the bungling administrators who have been in charge at Ibrox for three months without taking Rangers a single step forward.
Dozens of deadlines have come and gone with red herrings appearing at regular intervals to distract Rangers fans from the inevitable liquidation of their club.
Various consortiums have enjoyed their 15 minutes of free publicity being linked to the club without ever addressing the real issues with the gorilla in the room of the big tax case barely given a mention.
Matched by the fear and incompetence of the SFA and SPL Duff and Phelps have managed to smooth their way through three difficult months without encountering open supporter revolt or demonstrations.
With the football season over the spotlight lowers, no longer will Ally McCoist be delivering weekly upbeat messages about financial matters he has no grasp of.
Green comes into the spotlight recently vacated by Miller and Bill Ng as preferred bidder for a business with a dozen issues that would prove alarming to most football clubs.
Matters involving HMRC and Ticketus are far from resolved with no clarity over Craig Whyte’s shareholding or the ownership of Ibrox and Murray Park. What happened to the beloved Arsenal shares is another matter entirely.
For five years the Scottish business community has looked the other way when the issue of owning Rangers has surfaced, no-one in Scotland wanted to touch that part of David Murray’s empire.
Green will soon uncover a football club under threat from all sides, one that has completed a season with no intention of paying for their expensively acquired players or squaring up with HMRC for Income Tax and National Insurance.
With no audited accounts since 2010 there will be no licence to play in European football next season and a question mark over whether they should be licenced to play domestically.
Add in a transfer embargo and no clarity over season ticket revenue and it wouldn’t be the greatest shock of the year if Green’s interest comes to a halt at any point this week as another individual realises that Rangers as a business are unsustainable.
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Galatians, Chapter 6, Verse 7;
“As ye sow, so shall ye reap.”
Whyte….Green…. there’s some sort of sequence here, and after he figures out it isn’t worth the trouble of proceedings, the next one should be…..Gold, of course! It’ll probably take Fort Knox to pay off all that they are due to repay.
I suspect we are all thinking the same thing though eh? Somehow these worms are going to wriggle out of this unscathed.
The delays are all part of the game, buying the establishment time to get their corrupt little plans straight before they sit diwn and pretend to thrash out an agreement and hand out what is likely going to amount to a non-punishment.
The establishment will be as corrupt as ever in making this go away, and watch what happens next. As soon as they save their club, rules will change again to make it impossible for other teams to be afforded the same favouritism.
They are corrupt and always have been.
My view since day one, Joe. We need to get out of here,as soon as possible pure and simple and you can bet your last penny they wont be rushing to coax us to stay.
God give me life to see the day we leave here.
While they wait for June 6th….giving them plenty of time to walk away after hearing the double whammy of losing the Big tax case and the outcome of the dual contracts debacle. Meanwhile players will already be making plans to head elsewhere Absolutely no chance of a CVA, despite the usual hot air and we go back into the melting pot of liquidation.