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

 

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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.

Looking forward to this.  This is surely just the start of the opening of a gigantic can of worms and having their dirty washing aired in public will make the fuckers squirm. Hope McCoist and Sir Watty get drawn into it too, they were clearly at it on some level.

 

Continuing stories of them not having enough cash to see out the season, but it's surely just a matter of time until King puts in his children's inheritance... 

 

 

Aye? I was under the impression it was all sunshine and lollipops in Govan now. They're certainly doing well on the park. Maybe that's just papering over the cracks. 

I pray you're correct Bobby! It's been doing my nut in that my hun mates have trying to gloat (they're a championship team ffs), but I have missed the hilarity on the park.

 

The only reason you don't hear about it now is because they're not a listed company anymore, so they don't have to disclose such cash flow issues (i.e. application for loans etc).  They might be doing better on the park but where's their income coming from?  May be selling a few extra tickets for matches these days, but that's it.

 

Having no income from merchandising will be crippling them. Their fans believe they are in a catch 22 situation - buy from Ashley he hangs around longer, boycott Ashley and the club has to buy the left over stock from Ashley at more than the RRP. Either way Ashley makes a bomb from it and Trigger's Broom FC will still be picking up a tab for leftover stock to some degree.

The only reason you don't hear about it now is because they're not a listed company anymore, so they don't have to disclose such cash flow issues (i.e. application for loans etc).  They might be doing better on the park but where's their income coming from?  May be selling a few extra tickets for matches these days, but that's it.

 

Having no income from merchandising will be crippling them. Their fans believe they are in a catch 22 situation - buy from Ashley he hangs around longer, boycott Ashley and the club has to buy the left over stock from Ashley at more than the RRP. Either way Ashley makes a bomb from it and Trigger's Broom FC will still be picking up a tab for leftover stock to some degree.

 

You have brightened up my day, thanks BB 

You have brightened up my day, thanks BB 

this

The unwashed hoards are once again spunking their giros on season tickets apparently. But as BB alluded to this is perhaps making very little difference to the bigger picture down at Greyskull.

 

Get in!

The unwashed hoards are once again spunking their giros on season tickets apparently. But as BB alluded to this is perhaps making very little difference to the bigger picture down at Greyskull.

 

Get in!

 

Castle Grayskull being where the good guys lived!

 

With regard to the charges brought, I really hope David Murray gets hung out to dry.

Castle Grayskull being where the good guys lived!

 

With regard to the charges brought, I really hope David Murray gets hung out to dry.

 

How else could they deal with him? Can hardly stand up for himself 

http://www.heraldscotland.com/news/13716072.Rangers_chairman_has_multi_million_claim_on___18m_oldco_creditors_pot_rejected/

 

Currently losing 0-2 to St Johnstone. BBC commentary is unbelievable. Almost begging St Johnstone to conceded a goal.

3 for St Johnstone. BBC commentator almost crying.

1-3 now. BBC claiming Sevco victory.

Finished 3-1 to Saints. Sevco well beaten on the night. Just a pity we have not had a chance to hammer them yet.

3 for St Johnstone. BBC commentator almost crying.

 

Liam Mcleod crying?

 

 

He's desperate to see the mighty dons rinse the orribles?

The amount of shite I saw on all the football fezbook pages this week I'm even more pleased by St. Johnstones triumph. Good for Scottish football, keeps them the fuck down. "Rangers can walk the championship and Premiership" 

Liam Mcleod crying?

 

Commentary was like listening to Rangers TV last night. They were desperate for Sevco to win. McLeod spent entire night talking up Sevco while continually talking down St Johnstone.

Commentary was like listening to Rangers TV last night. They were desperate for Sevco to win. McLeod spent entire night talking up Sevco while continually talking down St Johnstone.

 

BBC pressure finally starting to cloud his loyalty to the men in red then

Ticking over nicely

 

http://www.bbc.co.uk/news/uk-scotland-glasgow-west-34339216

You kinda have to admire the ballsiness of it

Jebus. Huns release their annual results with a loss of £7.5M and a note showing that they'll need £2.5M further investment to see them through to the end of the season..... in order to hide the fact that today the EBT appeal by HMRC was successful thereby fucking over the oldco too.

 

Awesome. Die you sevco fucks.

Luckily for them Oldco issues don't really affect them. 

Luckily for them Oldco issues don't really affect them. 

 

Apart from when asking: "how did an asset now valued at £62M on your books get acquired for £4M post oldco liquidation?"

Won't be getting too excited until something happens. If at all.

 

Won't be getting too excited until something happens. If at all.

 

 

But you'll get all excited about rumours of McInnes shagging his way through the squad?

 

Hun sympathizer