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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.

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He needs to keep the fuck away from the Rangers debacle.

 

That would probably involve him keeping his cave shut so don't expect that to happen.

I dunno about this.  Its going to only take two clubs to vote against it for them to be screwed.  If Mad Vlad is still in charge i reckon thats one vote against straight away, especially as they are getting screwed by the huns to a tune of a mill

 

rumours going around today that us, United and Tom Sellick have already "agreed" to vote them out.  No idea if this accurate or not but it certainly did the rounds today.

rumours going around today that us, United and Tom Sellick have already "agreed" to vote them out.  No idea if this accurate or not but it certainly did the rounds today.

 

Lets hope that this is true. Just spoke to a sellick fan tonight and he wants the huns to survive because apparently Scottish football is fucked without them. :o :o Couldn't give me a good reason on why they should be saved though.

rumours going around today that us, United and Tom Sellick have already "agreed" to vote them out.  No idea if this accurate or not but it certainly did the rounds today.

 

Just to clarify, is this if they go into liquidation and/or emerge until a different name?  Or are people trying to get them thrown out just because they are in administration?

 

I'd be amazed if Milne voted to chuck them out.

http://www.bbc.co.uk/news/uk-scotland-glasgow-west-17067141

 

The administrators running Rangers have said they do not know the whereabouts of £24m which was lent to the club.

 

The money was lent to the club by Ticketus, a firm which hoped to profit from future season ticket sales.

 

David Whitehouse of Duff and Phelps said they did not have "visibility" of where the money had gone.

 

Mr Whitehouse said he believed the funds went through a parent company account rather than the account of the company now in administration.

 

He added that the administrators were checking with Rangers' former lawyers.

 

He said the Ticketus debt was not secured against the assets of the football club.

 

It means the ticket firm is unlikely to be repaid in full should Rangers exit the administration process.

 

Instead, Ticketus and other creditors would be asked to agree to a Company Voluntary Arrangement (CVA) to receive a percentage of what they are due.

 

Rangers FC Group, a separate entity from the club itself, remains solvent.

 

Ticketus loaned Rangers the money in return for flows of future season ticket sale revenue, a primary source of the Ibrox club's income.

Each hour passes by and it becomes more and more obvious that this was Whyte's intention all along. He's been lining this up since before he even bought the club and the cunt is going to get away with it.

Just to clarify, is this if they go into liquidation and/or emerge until a different name?  Or are people trying to get them thrown out just because they are in administration?

 

I'd be amazed if Milne voted to chuck them out.

 

In the event of liquidation, i.e. a phoenix club.

These cunts are well and truly fucked.  ;D

 

No more than this disgusting organisation deserves. They will return is some guise or another, but they should be made to suffer for their years of cheating to all SPL teams, their creditors and HMRC.

 

I am fucking loving every minute of this.

 

 

 

New rangers football tops are out

 

gerse.jpg

Jesus would indeed have wept BB.

 

Ash yes. Let's not have facts get in the way of a vitriolic personal attack.

Ash yes. Let's not have facts get in the way of a vitriolic personal attack.

 

Facts? So you decide who the cunts are and they're the facts are they?

 

And I thought Salmond was the jumped up little Scotsman....

no one will vote the cunts out. otherwise, why wouldn't we, or anyone else, just have voted against the terms the OF have dictated to us before??

 

It is now abundantly clear that Whyte is going to have all this laid at his feet (probably while he remains out of the country). Whether liquidated or not, the huns (or huns 2.0) will be charged with say 1/3 of what they actually owe, but the dates of repayment will be renegotiated with HMRC and the next owners of the club.

 

Does anyone genuinely think this is going to involve any semblance of justice?

 

This missing £24 million and the 'Rangers FC Group' worries me.  Could Whyte have hidden away all that dosh, the Jelavic fee, Ticketus money etc with a view to paying HMRC the 'big' tax fee, whilst all the other creditors are left out of pocket because of the administration process?

 

I have no understanding of these things, but Mr Whyte obviously has.  Is it possible he and Rangers could come out of this scenario clean and wealthy in a matter of weeks?

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This missing £24 million and the 'Rangers FC Group' worries me.  Could Whyte have hidden away all that dosh, the Jelavic fee, Ticketus money etc with a view to paying HMRC the 'big' tax fee, whilst all the other creditors are left out of pocket because of the administration process?

 

I have no understanding of these things, but Mr Whyte obviously has.  Is it possible he and Rangers could come out of this scenario clean and wealthy in a matter of weeks?

 

He has clearly had his plans ready from the start and has done this before. He wont be losing any money thats for sure and for something so high profile he will want a good payout. I think you may be right.

New rangers football tops are out

 

gerse.jpg

The end is neigh.

I thought Davie Weir had left them?

Ash yes. Let's not have facts get in the way of a vitriolic personal attack.

 

Are you mental?

 

Seriously, are you?

 

Once again, do you agree with what Salmond said? I think he's a cunt for WHAT HE SAID.

Alex Salmond is an appalling cunt.

 

As the above quote makes clear, you did not make it clear as to why you went on Alex Salmod attack mode. You just made a nasty comment without context.

 

Actually in this instance I do not thnk he is right and do think he should keep out of this. Nicola Sturgeons even handed statement should have been enough.

 

I'm glad your here dragging the debate up to higher levels of cerebral analysis though. well done. A witty and clever insult. Did you make it up yourself, or did you form that opinion reading the Daily Mail?

The title of the thread is the context of the insult.

 

Next.

I thought Salmond was a cunt before he said this shit about the huns.

Milan Mandaric interested in buying crisis-hit club Rangers

 

Former Portsmouth and current Sheffield Wednesday chairman Milan Mandaric is interested in buying Rangers.

 

The administrators revealed on Thursday they had already heard from parties interested in the crisis-hit club.

 

And BBC Scotland has learned the Serbian - last week cleared of two counts of tax evasion - is one of those to have contacted Duff and Phelps.

 

Mandaric, who has also been in charge at Leicester, took over at Hillsborough 11 months ago .

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