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.

On my phone so can't post a link but the spl statement early today suggested to me the huns are withholding documents from doncaster's independent inquiry.

May I just add:

 

Haha haha hahahahaha haha haha hahahahahaha

Well I think that dispels any myth that BBC Scotland can't do a proper investigation on the huns.  I ran out of popcorn after half an hour!

 

A few folk seem to be in untenable positions - D&P as administrators, Campbell Ogilvie, Neil Doncaster for being a cretin.  Hopefully some legal implications for some of the others who received EBTs as well.

Ross County DoF is also on that list of EBT's, so we know what way they'd be voting 

 

Duff and Phelps, administrators of Rangers Football Club, issued the following statement tonight.

 

Paul Clark, joint administrator, said: "The use of EBTs at Rangers goes back many years and was a matter of public record in the annual accounts. Our primary focus has been ensuring the survival of Rangers Football Club and attracting a new buyer for the business as well as investigating the financial situation at the Club since the takeover in May 2011. We and the Club will continue to give every assistance to the football authorities on issues affecting the Club. It should, however, be noted that the First Tier Tax tribunal has yet to publish its findings in relation to the use of EBTs."

My take on the BBC show.

Alot of the stuff mentioned was already known and out there but the show gave a good over view of the situation and came up with a few more nuggets.

 

The EBTs seem to have been as widespread as suggested and I can't see anyway that the Huns will win the BTC (but then I don't think anyone ever thought they would).  The burden of proof required is significantly below a criminal case and the only question is just how big a bill will they get.

 

The double contracts I think is less clear and Daly used some choice editing of sources to suggest they existed but I'm not sure we've had the smoking gun yet.  Of course with Rangers seemingly helping Doncaster to slow the investigation to an absolute crawl, and so many players and officials to investigate we may struggle to get any resolution before rangers are liquidated.

 

The real shocker was just how involved D&P were with the takeover, which makes their case against Whyte's lawyers superfluous.  Their running of the administration process has been bizarre from week one, when compared to previous similar situations, and I would imagine HMRC and or Ticketus will be considering trying to get them removed from the process.

 

Other than that we had the hilarious figure of Andrew Ellis claiming Whyte had told him Prince Michael of Monaco was behind the rangers takeover, a pornographer designing the huns ebt scheme, Souness getting a payment via EBT while manager of Blackburn (eh?) and suggestions that despite all his bluster Murray never actually put a penny into rangers, instead using the "bonkers" HBOS.

 

Oh and what a great soundtrack we had.

 

The cherry on top is that Rangers Media has decided that Sammy the hun featured is actually a Tarrier actor plant.

Superb

Off to watch Newsnight, with the comedian Paul Murray featuring.

 

Meanwhile: http://www.bbc.co.uk/news/uk-scotland-glasgow-west-18148818

There are cases with side letter evidence dating back to 1996. They've been doing this for at least 16 years!

Billy Dodds denying he knew about EBTs:

http://soundcloud.com/celticresearch/ebt-dodds/s-ItEEn

 

Billy Dodds

Scotland international arrived in a £1.5m deal from Dundee United. Scored 21 goals in four years.

£190,000

No

 

Edit to add I forgot to mention Sir Minty getting KB'd by Joanna Lumley. 

Souness getting a payment via EBT while manager of Blackburn (eh?)

 

On the celtic kerrydale forum a few posts say its something to do with Jean-Alain Boumsong getting sold.

http://kerrydalestreet.co.uk/topic/8691149/1/

On the celtic kerrydale forum a few posts say its something to do with Jean-Alain Boumsong getting sold.

http://kerrydalestreet.co.uk/topic/8691149/1/

The BBC programme suggested it was the Too-gay deal as Souness was at Blackburn at the time and bought him a few weeks later.

I think there have been questions about the Boumsong deal for years.  According to someone on P&B it was that deal that triggered HMRC's interest in the huns in the first place.  They knew the deal was rotten to the core but couldn't prove it, they then discovered the EBT scam.

http://soundcloud.com/celticresearch/ebt-dodds/s-ItEEn

3.15 in Dods denys it

Prince albert of monaco??!!! FUCKING PRINCE ALBERT OF FUCKING MONACO??!!!!

 

BWAHAHAHAHAHAHAHA

Hahahahahaha

HAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!

 

Jesus christ!!!

 

Pure dead brulliant byrraway!:-D

Duff and phelps are unfit admunistrators. Surely hmrc can take legal action on this?

Well I think that dispels any myth that BBC Scotland can't do a proper investigation on the huns.  I ran out of popcorn after half an hour!

 

 

Totally agree Kow. Sat and watched that and every time I thought they had delivered the "coup de grace" they maanged to move on and reveal something even more damning. Whilst appreciating it is only one side of the story, I think there are a number of folk who must be looking over their shoulders after that. Reckon BBC will be 100% certain of their facts before they broadcast that last night.

 

 

 

Surely there's no way they can get away with this? See if it was any other club outwith the Old Firm they simply would no longer exist right now.

 

I thought last night's show had a few damning facts (the d & p ticketus fiasco especially)

But most of it was old news mixed with amateurish production in the way only BBC Scotland can.  What the fuck was all that 'data room' pish for?

If anything the fact the program looked like it was put together as part of a school project on an Amiga detracted from some of the underlying investigative journalism.

I wonder how many folk gave up and switched off before the end and therefore missed the ticketus revelation? you could have fitted the real hard hitting stuff into a 20min show.

 

And what illness does the presenter have, that makes his head change direction with every syllable?

Overall I was disappointed given the build up it had this week.

By Chris McLaughlin Senior Football Reporter, BBC Scotland

 

The Scottish Premier League has set a deadline for Rangers to hand over key documents relating to an investigation into possible dual contracts.

 

A request was made by the SPL in March and BBC Scotland has learned they are still awaiting information from the club's administrator Duff & Phelps.

 

If the club fail to comply, it is understood the league will look to impose some form of sanction.

 

The investigation concerns Rangers' use of employee benefits trusts.

 

The EBTs are the subject of a long-running HM Revenue and Customs tax tribunal, which could result in a £75m bill for Rangers.

 

A BBC documentary, 'Rangers - Who Sold the Jerseys' - revealed that over 70 players and coaches benefited from the scheme.

 

Meanwhile, Scottish FA chief executive Stewart Regan says his organisation has no plans to step in to investigate possible dual contracts at Rangers, insisting he will leave it to the SPL.

 

The SFA will act as the appeal body should one be needed after the SPL investigation.

The deadline will be next Monday, if the documents are not made available it will be moved to the following Monday ETC ETC ETC.

The deadline will be next Monday, if the documents are not made available it will be moved to the following Monday ETC ETC ETC.

 

or they hit with them with a sanction....................

How about a signing ban?

Or a singing ban?

Another utter cock opens his mouth and forth doth spring shite!

 

If Rangers go down to the Third Division, I think it would kill Scottish football”

 

John Macmillan

 

Secretary of Rangers Supporters' Association

 

NO IT FUCKING WON'T YA DICKLESS WONDERS

So fucking be it. At least we emerge with our integrity.

 

If this was Aberdeen, Dundee United, Hibs, Hearts etc would we still be in business/in SPL? Absolutely not - don't even know why we'd even pretend differently.

 

In Italy, Switzerland, France we have had clubs being relegated, banned etc and the leagues still exist. If Scottish football can't survive with the loss of one club then shame on fucking us for letting that happen, and yes it will be tough, but sporting integrity should be the priority.

 

Let's assume Rangers then paid the refs off for every game next season, won every game, and then it was discovered the refs had taken a bung. Would that be ok, because we can't afford to lose Rangers?

 

A lot of bollocks.

So fucking be it. At least we emerge with our integrity.

 

Indeed.

 

If a few clubs are brought back down to earth it might actually be a good thing.

The better quote is from Michel Platini.

 

Football is a game before a product, a sport before a market, a show before a business.

Surely someone has reported the affair to fifa by now