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.

Given that tax evasion is illegal, as well as HMRC getting the money they are due next month, or not if Rangers go tits up, will Strathclyde Old Bill be feeling Sir David Murray's collar, resulting in him being wheeled into Bar L?

Does anybody know why Craig Whyte got involved?  Surely he did due diligence so must have known this was coming.  Is/was he expecting Rangers to get away with it, just because they're Rangers!?

 

And if David Murray ends up in court, it sounds like he'll barely have a leg to stand on.

FFS sake I only missed it. 

 

Anyone know if it's on iPlayer?

Its not been shown on TV yet!  It's tonight!

:-[

http://www.bbc.co.uk/news/uk-scotland-glasgow-west-15377454

 

I guess due diligence went out the window.

 

megamegamegalawl!! :lolabove:

 

This is the stuff!

A fairly entertaining watch 

Due diligence meeting at Lloyds.

 

"Hus he goat it?"

 

"Aye"

 

"He's wur man"

Whyte taking legal action: http://www.bbc.co.uk/news/uk-scotland-glasgow-west-15395427

FFS sake I only missed it. 

 

Anyone know if it's on iPlayer?

 

Yeah. For a week.

Yeah. For a week.

 

 

Good because I only went and fucking missed it fo real this time. 

 

Although I looked on iPlayer last night and it wasn't on. How long does it take before it's available on iPlayer?

http://www.bbc.co.uk/iplayer/episode/b016bh4z/BBC_Scotland_Investigates_2011_Rangers_The_Inside_Story/

 

Good because I only went and fucking missed it fo real this time. 

 

Although I looked on iPlayer last night and it wasn't on. How long does it take before it's available on iPlayer?

 

http://www.bbc.co.uk/iplayer/episode/b016bh4z/BBC_Scotland_Investigates_2011_Rangers_The_Inside_Story/

 

Not watched it yet, but the jist of it I am getting is that he has badly ran companies in the past and was banned as a director for makinig companies going bust - but then continued to run companies who also racked up debts before going bust. And by buying rangers for a £1 if they go bust owing him money he will still get 0.01p in the £ of all of Rangers assets?

 

 

Not the greatest programme in the world and seemed to be primarily about historical events (which I suppose can show a pattern of behaviour) but alot of it seemed to be rumour, suggestion and inuendo with very little proof., meanwhile I'm still not that clear on the current financial predicament.

Still it'll get the huns backs up and that's always good for a laugh

ps The presenter's voice is fucking annoying

Just finished watching it. Had a grin on for most of the program! It certainly paints the future of RFC football club in a very gloomy light and I've thouroughly enjoyed it!

http://www.bbc.co.uk/iplayer/episode/b016bh4z/BBC_Scotland_Investigates_2011_Rangers_The_Inside_Story/

 

Not watched it yet, but the jist of it I am getting is that he has badly ran companies in the past and was banned as a director for makinig companies going bust - but then continued to run companies who also racked up debts before going bust. And by buying rangers for a £1 if they go bust owing him money he will still get 0.01p in the £ of all of Rangers assets?

 

 

Think it was saying that because he has paid off the bank overdraft, he is now the only secured creditor so would get any monies realised from the sale of assets first leaving nothing left for any unsecured creditors

 

 

Craig Whyte admits Rangers are in crisis:

http://news.stv.tv/scotland/275784-craig-whyte-admits-rangers-in-crisis/

Think it was saying that because he has paid off the bank overdraft, he is now the only secured creditor so would get any monies realised from the sale of assets first leaving nothing left for any unsecured creditors

 

Which makes you think that he has known exactly what he was doing all along.

Rangers go into administartion, Whyte is only secured creditor, everyone else is fucked over.

Glasgow Rangers 2012 Ltd or whatever rises from the ashes, and Whyte is laughing, and 130 years of

Hun's history is wiped

That would be such a shame! Devastating even

Craig Whyte comes out fighting against the BBC in this interview with the Scotsman:

 

http://www.scotsman.com/sport/football/spl/interview_craig_whyte_owner_of_rangers_who_has_come_out_fighting_against_tv_allegations_1_1925040

 

However...

 

Let’s look at this closely. They said you were disqualified as a company director. Is that true?

 

I’m not comfortable getting into the specific allegations.

 

If its not true then surely he could have simply denied it! 

:lolabove:

The deluded rantings of a madman.