Bluedell

I find it a little strange. The business plan is in place so why do they need further negotations with the bank. It's unlikely that anything will happen that would not be cover by one of the business plan scenarios.

Thanks for the prompt. Just ordered mine as well. I'll buy you a beer, mate....I'll claim it on my Gersnet expenses.

There doesn't appear to be any other bidders at the moment. The Park consortium seem to be unwilling (or unable) to meet the price that Ellis is, and I have not heard any rumours with any degree of reliability to suggest that anyone else has made a bid.

I'm struggling to come up with anyone. Lafferty was inconsistent and seemed to do his best to get into positions where he didn't have to challenge for the ball in the air. There was one occasion in the first half where we won a free kick just to the left of the area and Lafferty took up position behind free-kick taker rather than being in the box so he could use his height. Davis was not at his best either. I also didn't think Miller was significantly worse than anyone else in the team.

He got pilloried for going with Little and Fleck in the cup as much as not going with Miller and Boyd. Despite neither M&B being at their best, they would still offer a lot more than the likes of Little.

A wee reminder of that one.

Those of us with superior intellect have to stick together.

He had personal issues which were alleged to have affected him. Given he's an integral part of a CL semi-final team, I don't think that we did over-rate him.

Yeah, that was my thought too. Papac dived in needlessly on a few occasions and it cost us a goal.

If it was indifference, you'd hardly spend so much time commenting on it and trying to suggest that you didn't believe N_L. Whatever you're feeling, it doesn't appear to be indifference.

N_L outs himself as a tim.

Well done guys.

It's more difficult to be a silent backer these days for a significant period of time, although we don't know who owns the shares of the new Guernsey company (presumably Ellis himself) and who will own them in the future. The Guernsey Companies Registry is not as forthcoming with information as its UK equivalent. I recall that when Ken Bates owned Chelsea, a sizable percentage of the shares (26%) were owned by a mystery party through Guernsey coincidentally, and although a supporters group did speculate as to who owned the shares, it was denied by that party and nothing was ever proven. Ellis has obviously satisfied the relevant parties that he does have access to the finance involved, although it is very likely that this cash has not filtered into the new company yet. It would be fairly straightforward for some other people to become involved very quickly, and there are loads of reasons why they would not want identified at this point. However if this was the case then the previous statement about Ellis working alone would be misleading and would not be a promising start with his relationship with the club's support. It could be that Ellis IS working alone. Nobody seems to know much about him, and perhaps he has access to cash that we don't know about. Perhaps he is borrowing the cash. there are an number of possibilities at this point, and because we know so little it's impossible to speculate.

Whether Murray or MIH put it in is irrelevant. Rangers got the cash. The rights issue never was about the fans putting in cash, or else it would have been marketed more and not offered at a premium of over 30% (if my memory serves me correctly). It was purely a technique for Murray to reduce the debts that HE had created, and any extra cash was a bonus. But why miss an opportunity to have a dig at the Rangers fans?

Always a great night. I've been at the last few. Anyone else from Gersnet planning to go? Fancy meeting up?

Err, no. Murray Sports Ltd underwrote the previous rights issue. Not sure why you use the word allegedly, given the rights issue WAS underwritten. I see the rights issue asa success. Murray put in his �£50m as was always intended, and more cash was raised on top of that. Murray did not reduce his investment to the balance of the undersrite as he could have done. Why would any Rangers fan suggest it was a failure? ....but that's where you came in.

There has been a bit of discussion as to what is actually being bid for. If it is only MIH's shareholding then it is only 57% of the shares that the purchaser will end up with. Murray would still control the 34% holding owned by MSL. I'm not sure why he would want to do that though. He would have little or no influence on the running of the club, and how saleable would be the shares in the future? the shares that are being sold at the moment would have a premium for control. Why would anyone want to buy 34% of the shares in the future when it gives little say in the running of the club (just ask Enic or King)? That's not to say that the deal will not be structured like that, due either to financial constraints or contractual reasons. We are unaware under what circumstances MSL can sell their shares. If MSL sell their shares, the cash will end up with MIH anyway and it could be that King can prevent the shares being sold, and he has little incentive to see them being sold.

If N_L was bullshitting, you'd think he'd make up something more interesting.

I felt our fullbacks were our best players, and I'd also give it to Whitts.

There was with the 4-3-3 as well, with Prso played on the left of a front three.

My understanding is that Boyd is definitely away to Birmingham and has sold his house.

I thought people complained about McLeish going 4-3-3.

Thanks again. Seems strange that he was so insistent with anonymity with you guys but he revealed himself elsewhere.

So you think that the dressing room "is running away from you" is "rather different" from "losing the dressing room"? In what way are these statements "chalk and cheese"?

There are certainly some unanswered questions. Plgsarmy confirmed that the RST did not know the name of the backer, so how could the fact that the document was given to the club, perhaps by the bank, reveal who the backer was? How would the club know the name if it was the RST's document and they did not know the name?