http://scotlandonsunday.scotsman.com/football/Sale-of-Rangers-FC-39will.6650410.jp

 

Quote

Sale of Rangers FC 'will go ahead by mid-January'

 

Published Date: 05 December 2010

By Tom English

 

A DEAL to sell Rangers Football Club to Scots venture capitalist Craig Whyte will go though by the middle of January, according to senior sources at the club.

Whyte, 39, met with Ibrox chairman Alastair Johnston in Glasgow to discuss the purchase of Sir David Murray's shareholding in the club.

 

The proposed £33 million deal will wipe out the existing debt that has stymied Rangers in the transfer market for two years.

 

Yesterday, sources at Rangers said the deal, barring any late hitches, could be completed before Christmas but it is more likely that it will be done by the middle of January. "We can't say with 100 per cent certainty, but Whyte has the money and is very convincing. We think the deal will happen," said the source.

 

Murray has presided over Rangers for 22 years but has been keen to sell his stake for some time.

 

Hopefully the debt thing is not true as that is what is holding them back at the moment.

Tyrant is your signature deliberately a JMG reference? 

No. I'm a JIGGER.

http://sport.stv.tv/football/clubs/raith-rovers/110394-turnbull-hutton-sees-opportunity-for-other-clubs-in-rangers-pantomime/

 

“The best suggestion I had was that all the SFL clubs should send their mascots. Our Roary Rover and Sammy the Tammy from Dunfermline should go up arm in arm up the stairs at Hampden.

 

“It would be a fine pantomime finale for what has turned out to be a pantomime all through.”

As said on the other thread, the cunty cunty cunts that run the clusterfucking cunt of a game in Scotland really want a 2 "team" league.

 

That's all folks

Well as they are making it up as they go along I'm not sure there is an answer to this.

 

More bullcrap, horsehit and fucking cuntery from the SPL

So the SPL are keeping options open to see what outcome of vote is on Friday then.

Come on afc, are you part of this or not?

 

Keeping the door open for newco if they are not accepted into SFL1?  Even though that would definitely be the end of Scottish football.

 

In other news, seemingly AFC have sold 9000 season tickets.

I never thought i'd see the day when Scottish football would be proved to be more corrupt than the Italians. Berlesconi would be proud 

I never thought i'd see the day when Scottish football would be proved to be more corrupt than the Italians. Berlesconi would be proud 

 

Wonder what Berlusconi would think as well? 

Fuck it, Mugabe would be embarrased by this

I'd actually be happy with Mugabe and thon disgraced FIFA board member fae the West Indies to come in and replace Regan and Doncaster.

Rangers Football Club lost almost £4m from the time it was placed in administration until the end of June.

 

An interim creditors report from joint administrators at Duff and Phelps has revealed trading losses at the Ibrox club of £3,956,375.

 

The report also shows administrators fees from 14 February up to the 29 June 2012 of just over £2.8m.

 

Rangers assets were sold to the Charles Green consortium for £5.5m after a deal with creditors could not be reached.

 

The club, which dates back to 1872, will now be wound up by liquidators BDO after a thorough investigation into its financial affairs over the past few years.

 

The report, issues on Wednesday, reveals that the Charles Green Consortium paid just over £2.7m for Rangers player contracts and registration.

 

Some of the previous squad have elected to transfer over to the new company (newco) which he is attempting to have placed in the lower divisions of the Scottish Football League (SFL).

 

Other players have elected to transfer to other clubs, claiming they are free agents with old Rangers facing liquidation - this claim is contested by Mr Green.

 

The creditors report also reveals a legal claim for more than £25m by Duff and Phelps against former owner Craig Whyte's lawyers Collyer Bristow is now unlikely to be heard until summer of autumn of 2013.

 

Duff and Phelps also state that they hope to claw back at least half of the £223,214 value of the Arsenal shares, that Rangers owned, which were sold by Pritchard Stockbrokers during Mr Whyte's tenure at the club.

Looks like its SFL1 if SFL boards comments on BBC are anything to go by.

Looks like its SFL1 if SFL boards comments on BBC are anything to go by.

 

Looks like it. Scottish football is fucking over.

Looks like it. Scottish football is fucking over.

 

It is for me.

It is for me.

going to wait for the fat lady to sing first myself

going to wait for the fat lady to sing first myself

 

She is just clearing her throat. Can you see any other outcome now?

going to wait for the fat lady to sing first myself

 

She is at the gates of Ibrox, oh hang on that's just Gazza waiting for his new contract.

going to wait for the fat lady to sing first myself

 

She's in the taxi after the gig on her way to a rohypnol pump off McGregor.

She is just clearing her throat. Can you see any other outcome now?

 

I never saw ten spl clubs voting against re-admittance to the spl to be fair  so i'm going to wait and see what friday brings.  The propoganda machine is in overdrive at the moment and to be honest I'm so sick of it all,

 

Doris said it best

 

 

More like.

going to wait for the fat lady to sing first myself

 

She is just clearing her throat.

 

Are you feckers spying on me? 

Are you feckers spying on me? 

 

Sorry, did I say McGregor? I clearly meant CtS.

Calm doon a'bdy

 

Raman Bhardwaj ?@STVRaman One SFL chairman has told us this is ''unnaceptable''.

 

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Raman Bhardwaj ?@STVRaman Another SFL chairman, whose club is undecided re vote, reckons proposals have ''significantly reduced chances of us voting newco in Div 1''

To be fair, that's only a couple. We need unanimous denial of the hun / spl2 / sfa.

To be fair, that's only a couple. We need unanimous denial of the hun / spl2 / sfa.

 

Well technically we only need a majority but yeah

 

Still no reply from Duncan Fraser

Henry McLeish in today's Scotsman.

 

If you don't want to be patronised then look away now...

 

“The clubs are taking a big ?decision for Rangers on Friday but an even bigger decision for Scottish football. They have to see the wider implications. If you looked at the SPL option [for Rangers], that would have ticked the box about keeping finances to the fore but would have done nothing as a fit and proper ?punishment.

 

“If you look at Rangers playing in SFL3, that ticks the box in terms of a fit and proper punishment but it raises concerns about finance and the future for Scottish football. If you look at Rangers playing in SFL1, then to me it can tick both boxes. It brings to a conclusion, I would like to think, the range of punishments that have been meted out. But it also satisfies the fact that a huge punishment has been delivered to the club ?in terms of their integrity and credibility.

 

“It is a balance and the fans may want to extract the maximum punishment, which is the Third Division. If you lived in an ideal world, a purist’s world, that would be fine. But we don’t have the luxury of that. In the position we are in, we can’t ?afford to take those lofty and philosophical decisions.

 

“I congratulate supporters for putting integrity and good governance of the game to the top of the agenda. The fans have done a good job, but it’s now time for them to join us in ?addressing the other issues in Scottish football.”

 

McLeish admits there is no hard proof of the apocalyptic figures which have been produced in recent days to illustrate the losses which would be suffered if Rangers are placed in the Third Division, but he is convinced it would cause significant problems for many clubs.

 

“I don’t have any empirical evidence to justify it but, in terms of the research I did, there are a lot of clubs in a very precarious situation,” he said. “How that would fall if Rangers went into the Third Division, you can’t identify the detailed consequences.

 

“But there is an instinct which many people share that it wouldn’t be positive for those clubs who are struggling on the margins. We are not like the Premier League in England where they are sitting on a fantastic amount of money. The game in Scotland is currently starved of investment. Much of that has to do with ourselves. We have to put our own house in order. No-one owes us a living.”