I seem to recall joyously stating months ago it was a race to extinction for hertz and rangers.
I dont care which of them goes first. Imagine a world with neither? Can you imagine the plesant aura and deep joy this wid bring? Oyaa.
ENDOF
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I seem to recall joyously stating months ago it was a race to extinction for hertz and rangers.
I dont care which of them goes first. Imagine a world with neither? Can you imagine the plesant aura and deep joy this wid bring? Oyaa.
ENDOF
Court has taken a 10 minute break to instruct lawyers. News expected shortly. How exciting!!!
Not much I can add to what CWGod and others have said. One point to make though, the administrator is an officer of the court not HMRC or Craig Whyte and he is expected to act in the best interests of the company, not the successful applicant for administration. I think HMRC have just said the legal equivalent of "Aye, right to that b*ll*cks".
Quite a few on here have said they thought there was a plan behind what Whyte was doing. Now if us humble Hobos can see that it's odd-on that the Revenue would have spotted it as well.
Is this to do with the huns, the wee huns or something else entirely? :wink:Quote:
Originally Posted by CallumLaidlaw
Taken from FF :greengrinQuote:
If they wind up our Club I'll seriously consider leaving this country so they never get another penny from me.
Well, that's a good start....:greengrinQuote:
Originally Posted by The Story So Far...
The hunsQuote:
Originally Posted by hibs0666
Only another few hundred thousand to go then!Quote:
Originally Posted by The Story So Far...
I know James a bit. He's a hibby.Quote:
Originally Posted by pogo
Some of the comment son that story are beyond belief. Some folk are oblivious to the reality of the situation.Quote:
Originally Posted by Spike Mandela
Has any noticed that mr whtye is a SECURED CREDITOR which means he got rangers for a pound raised money from Ticket us to pay of the bank 18 million and guess what he is the first to be paid even befor HMRC should they go into Administration so for his pound he will get £18 million return
in other words not a bad bit of Business
It's amazing that they don't seem to realise that this is money that has, in effect, been stolen from them, the Rangers fans, both in terms of their season ticket money, and money that should have been available to government / local authorities to spend improving the dump that is Govan or wherever they happen to be. This isn't the big bad HMRC trying to shut down an innocent club, this is HMRC fighting for all of us to get a substantial amount of cash that WE are due.
Let them and any other club guilty of the same burn for it. Especially in these times, such wilful cheating of the taxpayer must be punished to the maximum.
Quote:
Originally Posted by ardecos
Good reading
"Hibs kingpin Rod Petrie" :greengrin
Its amazing what the press dont report, celtc fans fighting amongst them selfs up in Inverness where one fan was slashed across the face with a knife over songs being sung about the IRA. :rolleyes:
And some folk want to have a sing song with this **** on Sunday.
I wonder how many _________ (fill in blank with nurses, teachers, schools, hospitals, pot holes etc) £75m would pay for?
I fully expect the Glasgow press to start campaigning in this vein immediately so the taxpayer has surety that full value is extracted from the tax avoiders in Govan.There again maybe not.
Why is no Scottish journo interviewing the taxpayers alliance on this?
:cb
Don't think there would be any 'exciting news' coming out today will there?Quote:
Originally Posted by CallumLaidlaw
I'd have thought the exciting times would come after the administrator, whoever appoints them, gets a look at their books and makes a decision on their future, surely there won't be any real significant news today, other than the fact they will go in administration but we knew that was likely to happen yesterday.
BTW, not sure if everyone else is the same but the huns have completely dissapeared off my facebook page, nothing about them saying they will be ok, none ****ing themselves and none biting back, where have they all gone? they surely cannae be supporting someone else already can they?
:agree: Well said. There are plenty innocent people with diminished services or no services at all, who would no doubt be livid if RFC were allowed to cheat them out of their basic needs in this way.Quote:
Originally Posted by ScottB
According to one of the STV journalists, Court papers are on their way to appoint administrators:
Lawyer for #Rangers told court paperwork on its way to appoint administrators. HMRC questioned the validity of this move.
This looks like Whyte trying to forestall HMRC by appointing his administrators now, instead of next week.Quote:
Originally Posted by The Story So Far...
Can't imagine that all of that has not already been done, i.e. the establishing of the RFC financial position! :rolleyes:Quote:
Originally Posted by bingo70
... So... It's on! :thumbsup:
HMRC's legal argument is they Rangers can't appoint an administrator for five days, ie after the period specified in yesterday's legal filing. The Huns will need a sympathetic judge...Quote:
Originally Posted by GloryGlory
I just posted a message on my FB saying exactly the same.....very quiet.Quote:
Originally Posted by bingo70
Whether he ends up as a preferred creditor will, amongst other matters including those of a "technical" nature, depend upon the actual circumstances of how the Lloyds loan was repaid and by whom and, if by CW or a company owned and controlled by him, whether the security to the lender for that advance to RFC to allow repayment of the Lloyds £18million was properly constituted, executed and registered! :cbQuote:
Originally Posted by happiehibbie
:agree: And as Whyte admitted on TV last night that Rangers cannot afford to pay the tax bill, I would think HMRC's counsel would be highlighting this to the judge (not to mention Whyte's previous as an unreliable witness and unfit company director). It would be a brave judge that took Rangers' side, because I would imagine HMRC would appeal immediately to the Inner House.Quote:
Originally Posted by Part/Time Supporter
Looks like Whyte's last, desperate throw of the dice, IMO!
No he won't.Quote:
Originally Posted by happiehibbie
He paid off the bank with £18m, and at that stage was a secured c reditor.
IF (and that's not clear yet) he used the Ticketus money, then he is no longer a creditor. Indeed, he owes RFC £6m.
:rolleyes: which is very likely.Quote:
Originally Posted by Part/Time Supporter
it appears sellick have just won the league today
So if it is proved the Ticketus deal was done prior to the purchase of RFC, that throws his whole secured creditor status out the windae?
I think they won it the day they overtook a 15pt difference.Quote:
Originally Posted by cabbageandribs1875