Nah.Quote:
Originally Posted by crabis
Murray's other companies are in too much deep doo-doo to allow him to even contemplate that!
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Nah.Quote:
Originally Posted by crabis
Murray's other companies are in too much deep doo-doo to allow him to even contemplate that!
yep!! the very sameQuote:
Originally Posted by banarc7062
the E.F.A. didnt want them and the police didnt want them either.
I have been trying to follow the Rangers recent financial woes but I am confused. As I understood it Whyte is now the major creditor, even though he appears to have paid off the bank (who were the biggest creditor) with season ticket "futures". If the tax bill comes in and they go into liquidation, the HMRC don't have first dibs- as one would assume- but Mr Whyte. In his position a less honourable man might welcome that outcome as now he could trouser any mullah that can be realised by sale of the assets i.e. Ibrox and environs, Murray Park etc. And since he paid nothing for the club and bought the debt with the clubs own future income, anything he gets is pure profit.
Administration, I would have thought, could scupper this perfect scam.
Where have I gone wrong here?
What does the typical hun think of David Murray?
Find out here................http://forum.rangersmedia.co.uk/inde...t&p=1059764274
I've always thought the taxman took precedence over all other creditors including secured ? ??:confused:Quote:
Originally Posted by banarc7062
Get talksport on by the way. Getting torn into rangers and hearts about the situation. Very good listen
from the thread, pure comedy gold...............Quote:
Originally Posted by Gettin' Auld
"There has to be some of campaign to get this man stripped of his knighthood, if it can happen to Goodwin The Queen really should take a look at this."
Don't know why so many people are getting so excited by all this. The likes of Motherwell and Dundee have shown that administration means nothing and even with a 10 point deduction Rangers will still walk 2nd place. Forget administration, it's liquidation that we want.
Quote:
Originally Posted by Gettin' Auld
They seem to be forgetting about the millions he pumped into the club out his own pocket
But a debt free Rangers would be pretty profitable and risk free.Quote:
Originally Posted by ancienthibby
Rangers current debts to the big guys:
HMRC - quoted now £75m
Ticketus - £20m
Craig Whyte - £18m
Over £100m, just hold that thought. £100m and Whyte is the only secured creditor.
If I'm reading this right then the CVA requires HMRC to agree a settlement of Xp in the £? Isn't the CVA wholy dependant on HMRC accepting this offer?
More likely he stripped companies in the group of any cash to fund his Rankgers ambitions.Quote:
Originally Posted by Hermit Crab
As in the case of acquiring one Paul Gasgoine.
Oh how the mighty are fallen!
Highly likely and the SFA / League would no doubt be keen to accomodate the Hun surviving in some form or other.Quote:
Originally Posted by Mikey
Hopefully both bodies will recognise that the club that was Glasgow Rangers FC has voluntarily run itself down, and as such when they do emerge, with a nod and a wink and maybe even a pat on the back from the footballing establishment to help them along, the bodies that adminster Scottish Football will feel that all the honours won by the now defunct club pass with it and the new entity starts from year Zero - clean start eh?, the price of parking all that debt / shafting everyone they leave behind, including their very own Majesties Revenue and Customs.
Murray tended to pump other peoples money into Rangers rather than his own. He conned his wealthy friends into 'investing' in Rangers and they ended up losing the lot.Quote:
Originally Posted by Hermit Crab
DAVID MURRAY KNEW?Quote:
Originally Posted by crabis
i think he did as you say. get out and come back on a big white horse after the smoke settles.
Quote:
Originally Posted by Gettin' Auld
Obviously no swear filter on that site !!! I wonder what the poster who got removed actually said. :confused:
They didn't have a £50 million court case around their necks.Quote:
Originally Posted by DH1875
I actually agree though - todays move was about calling HMRC's bluff - if they don't blink first then liquidation is a distinct possibility.
Believe it when I see it. :greengrin
Andy Gray on Talksport saying the league wont exist without Rangers or Celtic?? Thoughts.
Andy Gray is a prick :aok:Quote:
Originally Posted by Hermit Crab
Just one, who gives a toss what that tit says.Quote:
Originally Posted by Hermit Crab
I thik your spot on here, it'a about upping the ante to HMRC. Will the 'cold hearted taxman' really not have the expertise to see through this?Quote:
Originally Posted by BroxburnHibee
Whyte when asked if he will continue to fund Rangers ' to a limit' obviously not a billionaire then :)
Refer him to Mr Lawwell of Cfc.:greengrinQuote:
Originally Posted by Hermit Crab
Crown preference was abolished years ago.Quote:
Originally Posted by EasterRoad4Ever
Where are Celtic going?Quote:
Originally Posted by Hermit Crab
And, that is rubbish, it will exist. A tv deal wouldn't be worth nearly as much but with most clubs having the chance to win the league attendances would go up for all other teams and the folk who support the bigots would need to find another team to support.
Pants. When we were in the 1st Div we reg got crowds if 9 to 10 thousand maybe a bit more. That's cos we were winning.Quote:
Originally Posted by Hermit Crab
That's more than double the likes of St Johnstone and St Mirren get now. Yeah we would loss income from the OF but would like to think we could compensate for that should we get a half decent team??
Exactly what it is. Whyte is using the administration process to say to HMRC 'negotiate a lower settlement with us, or risk getting nothing.'Quote:
Originally Posted by PaulSmith
The HMRC will probably challenge the administration process and insist on liquidation.
This will drag on, but it will put the Huns current creditors in a very difficult position. It should also deter (a la the Jambos) any sane party doing credit with the Huns.
Hmmmmmmmm.........andy gray is a complete ****ing twat who makes a living talking out of his arse?Quote:
Originally Posted by Hermit Crab