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.

I'm guessing something to do with this...

 

I see big Walter might do walking away afterall wonder what his involvement is now lol

starting to wish i hadn't blocked all the bigots on facebook 

I'm guessing something to do with this...

 

 

If that's true then surely SFA and SFL should be investigating.

And he's off.

http://www.bbc.co.uk/sport/0/football/22220035

 

Charles Green has indicated to the Rangers board he will leave his role as chief executive of the club.

 

Green became chief executive after leading a consortium that purchased the assets of the liquidated Rangers Football Club plc.

 

He is now to subject of an independent investigation, commissioned by the club's board, following allegations of covert dealings with former Rangers owner Craig Whyte.

 

Green is Rangers' biggest shareholder.

 

The Englishman, who has just under 8% of the overall shareholding, has been unavailable for comment.

Getting out before the arrrest warrant issued?

@alextomo: I can't say more but it's clear the Whyte camp believes it owns Murray Park and Ibrox and intends making good on that claim.

LOLz.

Well, this brightened up my day  

It's fucking hilarious, especially if Whyte still owns things.

Sounds like Chuck has been rumbled.

 

But fuck knows where this puts newco/sevco/SFA/SFL/Rangers-share-issue now, it all looks highly dodgy.  What a sorry mess.  Have to admit it is difficult keeping up with the status of the club, the company, and who is running it.  Highly amusing though.

 

If only they'd let Cove Rangers in there would have been none of this nonsense.

 

Fucking love a good chuckle on a Friday afternoon

 

Beers just around the corner, one week to go and then offski on holiday, could NewCo be wiped off the face of the earth whilst I'm away 

I'll raise a toast to the cunts, unparalloled!

Pumped by Peterhead 

 

 

Funny, BBC don't even mention it, even on the actual rangers section. Fuck them 

 

Well done peterhead!

The gift that just keeps on giving 

 

Hat off to Rory McAllister

Well done Peterheed!

Are we now the only club in the world not to have beaten them at the Hunnery recently? I know we're not but it feels like it!

Are we now the only club in the world not to have beaten them at the Hunnery recently? I know we're not but it feels like it!

 

Was thinking exactly the same thing Tyrant.

Are we now the only club in the world not to have beaten them at the Hunnery recently? I know we're not but it feels like it!

 

No there are many clubs who have not beaten them at the hunnery during their 1 year History.

Charles Green has sold his 8% to a couple of brothers who own bus firms in Inverclyde. One of the brothers has been to jail for not paying vat...

Former chief executive Charles Green has agreed to sell his shares in Rangers to Greenock bus tycoon James Easdale, BBC Scotland understands.

    Easdale and his brother, Sandy, already own around 6% of Rangers, but they want more - and a presence on the board.

    However, Sandy Easdale was jailed for VAT fraud in 1997, a matter thought to concern current Ibrox board members.

    The board met on Tuesday to discuss the possibility of the Easdales increasing their stake.

    It is possible the family will look to buy even more shares in Rangers in an attempt to take some form of overall control of the Division Three champions.

    The Easdale family owns McGill's Buses, a Greenock-based company that has become the largest independent bus operator in Scotland.

Surely, eventually, the financial "wizards/stock exchange police" will be investigating, "properly"?

 

So even if the "authorities" here do nothing, they really must be screwed?

 

ETA: surely it's pretty clear from the players they're desperate to offload they really need to trim wages? Cammy Bell for Neil Alexander??

The Scottish FA is seeking further information from Rangers regarding allegations of Charles Green's dealings with former owner Craig Whyte.

 

The SFA wrote to Green, now the club's former chief executive, a fortnight ago seeking clarification.

 

Having received a response, they have asked for more details on certain matters.

 

Whyte has alleged Green agreed to act as his frontman and believes he still has a claim to the club's assets.

 

Assurances from Green's consortium last summer that Whyte had no involvement was key to the SFA granting Rangers a licence to play in the Third Division.

 

Green stood down as chief executive on 19 April after the Ibrox board ordered an independent investigation into the allegations of his secret dealings with Whyte, who took the club into administration in February 2012.

 

On Wednesday, Worthington, a firm buying into Whyte's businesses, said it would be sending a file to the Serious Fraud Office about Green's practices when the consortium he was fronting bought Rangers' assets for £5.5m.

 

Two weeks ago Whyte lost a court case with Ticketus, the company that funded his purchase of Rangers from Sir David Murray. He has been ordered to pay the finance firm £18m.

If Whyte is found still to be the legal owner of ground etc does that mean Ticketus have a claim on them following court ruling last week?

which you can't help but imagine is cw's endgame.