As the heading says – a few quick questions.
Mr Miller plans to acquire the assets of Rangers – does this mean everything, including Ibrox, Murray Park, players, rights to income (ie SPL prize money) and “goodwill” (ie history)?
Is his offer a flat payment of £11.2 million, with no extra sums derived from future income to go to creditors?
Therefore, is it fair to say he has valued the assets and business of Rangers, debt free, at £11.2 million?
Do D&P believe that there is no way that a higher sum can be achieved in the INTEREST OF THE CREDITORS (Carthago delenda est) by a fire sale of players then liquidation?
What “guarantees” have been given to Mr Miller by the SPL and SFA?
Have any such guarantees been approved by the respective Boards?
When will the SPL consider the application for the share transfer?
How do the SPL intend to effect the transfer of players’ registrations from oldco to newco?
Does Mr Miller agree that, as the Herald reported this morning, players can refuse to join newco and walk away as free agents? If not, why not?
Will the SFA penalties apply to newco or oldco?
Have HMRC “approved” the Bill Miller plan, even though the FTT has not reported?
If not, why did D&P say it had?
Will D&P listen to an increased offer from the Blue Knights?
As D&P consider that administration of oldco will last many months (at fees of £200,000 per week) what will be left to put into an oldco CVA?
As a successful oldco CVA will mean that Mr Whyte owns 85% of oldco, debt and asset free, how does Mr Miller propose to merge the oldco and newco, which is an integral part of his plan to save the history?
Is Mr Miller’s plan therefore an admission that the “history” dies with oldco if liquidated?
If Mr Miller does not complete the purchase, and the Blue Knights walk away, is it inevitable that D&P wild Rangers up?
What happened with the creditors’ votes?
How on earth are “Rangers” being allowed to carry out a plan which seems to ride a coach and horses through “Financial Fair Play” and “sporting integrity” circumventing all of the SPL and SFA rules on licences, shares, membership etc?
Will “Rangers” who play at Perth on 13th May be oldco or newco?
I will try later on to offer some answers to the above, if I can!