((HT: Rangers their own selves))
The appeal of Rangers in front of the SFA for the Craig Whyte-inspired punishments is set for next week. Administrators Duff and Phelps are still hacked that the league isn't differentiating between Rangers then and Rangers now...
The Blue Knights consortium went public today with their displeasure of not being considered for preferred bid status.
Here's part one of the Blue Knights presser...
((HT: youtube))
David Whitehouse, Duff and Phelps joint administrator, took an extraordinary step of commenting on confidential activity:
"Throughout the process Mr Kennedy told us repeatedly he would be the 'last man standing'. As Mr Kennedy today made a virtue of explaining publicly details of his bid we are in a position to comment on those remarks. Of the £5.5 million cash on 'day one' figure Mr Kennedy quoted, £3.5 million of that would be provided by us in any case from the Club's debtors.
"The bid structure also factors in performance in Europe, and reaching the later stages of the UEFA Champions League which cannot be achieved next season for example.
"We therefore find it extraordinary and very disappointing that Mr Kennedy in particular should assert that the amount being offered is irrelevant. Time and again he and others have been afforded the opportunity to become the best bid in play and it has not happened. We have a statutory duty to accept the best bid that is deliverable."
Preferred bidder status is now set for a consortium linked to former Sheffield United CEO Charles Green- known for his ruthless nature of guidance for business on the pitch.
Current manager Ally McCoist has been advised to watch his back if Green's group gets Rangers.
Here's the look at the Lap of Honour again...
((HT: SkySports/youtube))
One final thing, Ticketus finally got smart and is now chasing after Whyte for their 27-million pounds...
About time...
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