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.

Guy on your call just now

 

'I cant take 2 defeats out of 3 Jim'

 

And Mccoist was out in the press saying they had the best fans in the world?

Rangers’ administrators Duff and Phelps confirmed pre-match that several Ibrox players would lose their jobs on Monday as part of the cost-cutting process.

Useless fucking cunts could at least have beaten hearts for us today before they all get the sack on Monday.

Once a cunt always a cunt

By ANDREW SMITH

Published on Sunday 4 March 2012 00:00

 

CRISIS-HIT Rangers Football Club received a new blow yesterday when its administrator admitted the chances of the team playing in Europe next season had now all but vanished.

 

In comments that will further disappoint staff and fans at Ibrox, Dave Whitehouse, from Duff and Phelps, said it was highly likely a 31 March deadline to satisfy football authorities that the Glasgow club was able to meet its financial obligations would be missed.

 

To obtain a Uefa licence to play in the money-spinning Champions’ or Europa leagues, the club must demonstrate to the Scottish Football Association by the end of this month it can satisfy the requirements of HMRC, which forced Rangers into administration last month over an unpaid tax bill of up to £15 million.

 

However, at present, administrators are still seeking to unravel the club’s finances since the ill-fated takeover by owner Craig Whyte last May, and a new ownership bid by a consortium of businessmen has yet to materialise.

 

Yesterday, Whitehouse stated: “The 31 March deadline is technically still possible but highly problematic.

 

“We will know much more by 16 March [when “indicative” bids for ownership are required]. There comes a point where we have to decide who is a genuine bidder with a capacity to deliver and who is posturing. That is the process we are going through now.”

 

Rangers lie in second place in the Scottish Premier League after a ten-point docking for going into administration.

the gift that keeps on giving

 

 

Don't think it was ever a possiblity that they would manage to meet the relevant criteria to obtain a licence as it is a requirement that audited company accounts need to be submitted and it sounds as if they're still as far away from that as ever.

 

 

Oh lumping fuck that's funny!!

 

I think that single post is the most I've ever laughed while on this site. Fantastic photo!

 

Oh my word.

 

 

File this under "R" for ROFLMAO!

For all the Huns you know....

 

Craig Whyte's father isn't allowed back in the UK, he currently resides in Calgary and all money siphoned from Rangers is routed offshore. I'm lead to believe the father is the mastermind behind it all.

http://www.bbc.co.uk/sport/0/football/17221172

 

cuntage.

I find it hard to beleive that not one player will have to leave, something fishy going on there.

The Scottish Premier League are to investigate the alleged non-disclosure of payments made to players by Rangers.

 

The probe will examine whether further payments were made in addition to main contracts and if SPL rules and regulations were breached.

 

The Scottish FA have already said they are aware of the claims, made by former director Hugh Adam .

 

Adam said that some payments were not included in official contracts that were registered with the SPL and SFA.

 

A brief statement from the SPL reads: "The SPL Board has instructed an investigation into the alleged non-disclosure to the SPL of payments made by or on behalf of Rangers FC to players since July 1, 1998.

 

"SPL rules F1, G1.1 and G1.5 give the SPL Board wide powers of investigation into potential breaches of the SPL rules.

 

"SPL rules D9.3 and D1.13 impose a prohibition on players receiving payments for playing football or participating in an activity connected with football except where such payments are made in accordance with a form of contract approved by the SPL and require that all such contracts are submitted to the SPL within 14 days of being entered into."

 

In a Daily Mail interview, Adam claimed that Ibrox directors were aware of the widespread use of an Employee Benefits Trust scheme.

 

A high-profile first tier tax tribunal will deliver a verdict soon on the EBT arrangement deployed by Rangers under the stewardship of former owner David Murray.

 

Regardless of that ruling, any 'off-the-books' payments to players would be a clear breach of SPL and SFA statutes.

 

"We will be looking into it and taking whatever action is necessary," said SPL chief executive Neil Doncaster.

 

"We'll be dealing with the administrators at Rangers to establish the facts, to establish whether there were any payments that were made that were undisclosed at that time.

 

"If there are, then we'll take that forward.

 

"Our role here is to apply the SPL rule book.

 

"We'll conduct the investigation as quickly as we can."

"We will be looking into it and taking whatever action is necessary," said SPL chief executive Neil Doncaster.

 

They're given a little present and allowed to go free?

 

They're smacked and told not to be naughty, but basically let off?

 

 

Another day of talks and no action by the administrators. Did Motherwell, Dundee and Gretna get all this time to cut the wage bill?

Biggest. Anti-Climax. Ever.

Sky claiming top earning huns have offered to take 75% cut in the final offer to the administrators.

Still going to be on 100k plus a year

Still going to be on 100k plus a year

 

Or in the case of Steven Davies who is on £28k per week, that'll reduce his basic wage to marginally over £350k per annum. Steven Whittaker will be on a mere £250k per annum......fucking tough life isn't it

Or in the case of Steven Davies who is on £28k per week, that'll reduce his basic wage to marginally over £350k per annum. Steven Whittaker will be on a mere £250k per annum......fucking tough life isn't it

 

Probably is if you look like Steven Whittaker.