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.

http://news.stv.tv/scotland/west-central/276215-businessman-creates-two-new-glasgow-rangers-companies/?utm_source=twitterfeed&utm_medium=twitter

 

Businessman creates two new 'Glasgow Rangers' companies

 

Club denies any involvement as Glasgow Rangers Limited and Glasgow Rangers Football Club Limited are incorporated.

 

A businessman based in England has set up two new companies which have been incorporated featuring the name Glasgow Rangers.

 

Glasgow Rangers Limited and Glasgow Rangers Football Club Limited were both registered with Companies House on Tuesday, with both registered at an address in High Wycombe.

 

Mr Gerard Moran is listed as the sole director, with his registered address the same as that given for the two companies. Moran was not available when STV contacted one of his other companies.

 

The businessman is also registered as owning Gaselectric Renewals Limited and Credit Agreement Auditors Limited, which are both based in High Wycombe, Buckinghamshire.

 

However Craig Whyte, who purchased an 85% share in Rangers Football Club plc in May this year, has denied any knowledge of the companies’ creation and says they are not linked in any way with the SPL club.

 

A spokeswoman for the club said: "Craig Whyte knows absolutely nothing about this."

 

The financial stewarship of Rangers has been under intense scutiny because of the club's impending tax case against HM Revenue and Customs.

 

Mr Whyte has stated that administration is "one option" for the club if the case goes against them, but he told STV that he was doing everything in his power to prevent it happening.

 

http://news.stv.tv/scotland/west-central/276215-businessman-creates-two-new-glasgow-rangers-companies/?utm_source=twitterfeed&utm_medium=twitter

 

May I please draw your attention to my post of 22nd Oct @ 7.41pm.

 

Feel free to draw your own conclusions.

 

Mr Shyte is in it for himself

 

 

Fuck the Huns

 

Who are ye? maybe?

http://news.stv.tv/scotland/west-central/276215-businessman-creates-two-new-glasgow-rangers-companies/?utm_source=twitterfeed&utm_medium=twitter

 

Could be an opportunistic Celtic fan

Could be an opportunistic Celtic fan

 

Or that thought process, could alternatively just be a smokescreen

They had an anti-BBC banner on display yesterday 

Seemingly they are having some sort of protest at BBC in Glasgow sometime soon.  A hun I was speaking to after the game is taking part in the protest, but at the same time was looking forward to watching MOTD last night for the goals in the Chelsea v Arsenal game!  You couldn't make it up!

 

Also, "If you hate Alex Salmond clap your hands" was one of the song yesterday! 

Rangers face a ban from European competition next season should the Scottish Premier League leaders go into administration this term. (Sunday Post)

 

Rangers face the prospect of three years without European football if forced to start a new company because of their tax dispute with the HMRC. (Scotland on Sunday)

 

Here's hoping

I see some agent is suing them for over £100,000 as well 

 

 

My only fear is if hearts and the hun do go bust there might be some sort of panic/domino effect and half the senior clubs in Scotland would vanish in their current form. I'd be interested to see a list of the clubs from the 4 senior divisions that DON'T have a debt (or at least not a significant one)

I see some agent is suing them for over £100,000 as well 

 

 

My only fear is if hearts and the hun do go bust there might be some sort of panic/domino effect and half the senior clubs in Scotland would vanish in their current form. I'd be interested to see a list of the clubs from the 4 senior divisions that DON'T have a debt (or at least not a significant one)

 

 

There's not a single scenario I can think of where the Hun (and/or Tims) go under andthings aren't better than they were bfore.

 

Fuck them.

 

There's not a single scenario I can think of where the Hun (and/or Tims) go under andthings aren't better than they were bfore.

 

Fuck them.

 

ditto

 

 

Also, "If you hate Alex Salmond clap your hands" was one of the song yesterday! 

 

What's not to like about that?

The fact that it was meant as a pro-Unionist chant?

SPL - Rangers 'could be docked 75 points'

Mon, 31 Oct 12:02:00 2011

 

SPL leaders Rangers could be docked as many as 75 points if they are forced to become a new entity due to their current financial problems, according to the Daily Record.

 

The Ibrox giants are facing a £49 million tax bill which early this month club chairman Craig Whyte admitted was "paralysing" the club.

 

The Scottish champions are involved in two separate disputes with HM Revenue and Customs, relating to payments before Whyte completed his takeover.

 

The club have not paid a £2.8m tax bill which first emerged in April, relating to payments made to staff between 1999 to 2003. They are believed to be disputing a fine that goes with it.

A tax tribunal, which could cost the club £49m, will resume in November.

 

Now the Daily Record is claiming that there would be no way that Rangers could possibly pay that money back, and that the penalty for entering a club into the SPL under a new guise would be severe.

 

If such a situation transpires, then the Record claims that Rangers could face an extra 15 point deduction on top of the usual 10 point deduction that goes to a club that enters administration.

 

In the piece written by James Traynor, the paper also claims that such a penalty could be imposed for three consecutive season meaning they would be docked 75 points in total.

If Rangers were forced to rebrand themselves as a new club, they would also face being banned from European football for three seasons by UEFA under recently introduced guidelines.

 

http://uk.eurosport.yahoo.com//31102011/58/spl-rangers-docked-75-points.html

 

     

     

 

Manc, I've just cum in my pants reading that

Now the Daily Record is claiming that there would be no way that Rangers could possibly pay that money back, and that the penalty for entering a club into the SPL under a new guise would be severe.

 

Im sorry

entering the spl under a new guise???

Dont recall Airdrie simply re-entering the First division under a new guise

Dont recall Gretna being offered the option to 'Re-enter' the SPL under a new guise

 

If Glasgow rangers FC ceases to exist then there is a spare space in the scottish league up for grabs and they should have to go through the same crap Annan, Ross County, Caley Thistle, Elgin, Peterhead and Airdrie United had to. If 'wearedapeoplebyraway United' were let simply let straight back into the SPL I would hope UEFA would ban scotland from international football until they were sent back to the 3rd division where they belong.

 

Be even more of a joke if they were let back in with a 75 point penalty

Surely if they have to

rebrand themselves as a new club

thay'd ahve to apply for membership of the SFL first, if not some junior league, let alone the SPL?

 

A la Clydebank?

 

 

Edit: I see Tom has the same idea 

I've always liked Jim Traynor. 

 

Why did Livi get put back to the 3rd division but Dundee only got docked points?

 

Obviously Rangers would be exempt from a similar fate to Livi's.

I'm thinking they would find a way of paying it back, so would probably only be fucked for a couple of seasons. Obviously I hope that's wrong but I just can't see them going under.

I'm thinking they would find a way of paying it back, so would probably only be fucked for a couple of seasons. Obviously I hope that's wrong but I just can't see them going under.

 

A couple of seasons is better than none  

I've always liked Jim Traynor. 

 

Why did Livi get put back to the 3rd division but Dundee only got docked points?

 

Obviously Rangers would be exempt from a similar fate to Livi's.

 

My understanding, and I realise this sounds fucking insane, was that the difference was that Dundee went into administration mid season while Livi did so out of season.

The fact that it was meant as a pro-Unionist chant?

 

It was more likely against the bill to tackle sectarianism anyone they believe might be a football fan doing anything anybody may deem as being inappropriate.

My understanding, and I realise this sounds fucking insane, was that the difference was that Dundee went into administration mid season while Livi did so out of season.

 

From drink damaged memory the main difference was Livingston could not give guarantees about completeing the fixture list and Dundee could.

From the BBC Sport ticker:

 

Rangers keeper Grant Adam charged in connection with an alleged sectarian breach of the peace

 

From the BBC Sport ticker:

 

Rangers keeper Grant Adam charged in connection with an alleged sectarian breach of the peace

 

 

Is he Charlie's brother 

Is he Charlie's brother 

 

You're right, he is!

 

A football player is due to appear in court charged in connection with a sectarian breach of the peace.

 

Rangers goalkeeper Grant Adam, 20, the brother of the team's former midfielder Charlie Adam, is alleged to have committed the offence in the early hours of this morning in the Merchant City area of Glasgow.

 

Grant Adam has been a member of the Old Firm club since leaving school and is now the third-choice keeper for the team.

 

He is expected to appear at Glasgow Sheriff Court on Monday.

 

A spokeswoman for Strathclyde Police said: "We can confirm a 20-year-old male has been charged in connection with an alleged sectarian breach of the peace, in relation to an incident in Ingram Street on Sunday November 6."

 

Charlie Adam, 25, is now a Liverpool midfielder and has played for the Scotland international team.