Scandal Afoot Down Edmison Drive

[Greentinted]

Looks like some misappropriation of pennies has occurred at Sectarian Central.



Martin Bain - odious individual.

[steakbake]

I'm glad to see the back of Bain. He's always been a dismal apologist for the nasty element in the Rangers support.

[Stevie Reid]

http://news.bbc.co.uk/sport1/hi/football/13518277.stm

[adhibs]

dunno why but ive always hated bain. Him and that club went together well though

[NORTHERNHIBBY]

What a message this new bloke would have sent out, if he had given John Grieg his pansy potters. Talk about nobody being bigger than the club. I always though Bain and Rangers were supremely well matched. Rude and arrogant, complete conceit of themselves and a misguided interpretation of their own importance.

[Hibs Class]

This just seems a natural step in the inevitable path towards Bain being chief something or another at Hearts.

[JackRegan]

This is just the start....

Wait till who Whyte is fronting is revealed.

[3pm]

This quote is hidden because you are ignoring this member. Show Quote

This is just the start....

Wait till who Whyte is fronting is revealed.

Neil Lennon...

[steakbake]

This quote is hidden because you are ignoring this member. Show Quote

This is just the start....

Wait till who Whyte is fronting is revealed.

You can't pile on here and leave that hanging. That's like farting in a lift just before you get out.

Is there anything which has allegedly happened, or is there a wee "let's say for example x happened" scenario which might be the case?

[Andy74]

This quote is hidden because you are ignoring this member. Show Quote

This is just the start....

Wait till who Whyte is fronting is revealed.

I believe his investment company handles a lot of funds on behalf of the Vatican. Rangers could be a nice wee investment for the Catholic church. Can't see how that would go down badly?

[JackRegan]

This quote is hidden because you are ignoring this member. Show Quote

You can't pile on here and leave that hanging. That's like farting in a lift just before you get out.

Is there anything which has allegedly happened, or is there a wee "let's say for example x happened" scenario which might be the case?

The guy who ran the Scotzine website got a letter from Carter Ruck for less. Yes Carter Ruck of super injunction fame got onto some loner Tim with too much time on his hands.

A few people have been asking similar questions over the structure of Rangers’ takeover. It is more productive to write a post about this rather than answer the same question many times. The interesting part about this comes from the obsessive secrecy surrounding this transaction. The secrecy is a bit of a surprise given that one of the few logical reasons for buying a football team is to get a lot of free publicity (David Murray got to go gambling with a billion pounds of HBOS’ cash due to his ability to cultivate an image through his ownership of Rangers. He was not keeping it a secret).
Murray International Holdings Ltd sold its 85% shareholding to a company that was then called Wavetower. Wavetower also purchased Rangers’ £18m bank debt from Lloyds. They did not clear that debt. Rangers FC now owes its parent company this money. (An additional £10m or so is also owed to other creditors. This has also not been cleared).

Wavetower changed its name to The Rangers FC Group Ltd. on 12th May.
The directors of The Rangers FC Group Ltd. are:
Craig Whyte
Andrew Ellis
Phillip Betts

The single share issued in the company that owns Rangers is held by:
Jordan Nominees (Scotland) Ltd.

Nominee shareholdings are used to hide the identity of the shareholders in a company. There are legitimate reasons why you might do this e.g. if Shell had just developed a new type of fuel and did not want its competitors or partners on other ventures to know that it was behind the new invention. They would register the patent under a company that uses a nominee shareholder to disguise the true owner. The nominee shareholder is obliged by contract to act on behalf of the real “beneficial owners”.

So, if you did not want your name in the papers as being an owner of Rangers FC, then you can hide behind a nominee shareholder while still having legal authority over your investment.

Given that Craig Whyte, Andrew Ellis, and Phillip Betts are listed with Companies House as directors, they do not get much benefit from secrecy. Presumably there is someone else behind the scenes who would like to keep a low profile.

The secret of who really owns Rangers would be of interest to virtually the entire population of Scotland and many people beyond. Do not expect anyone in the Scottish media to even dare raise this issue.

Oh and this is before what has gone on at Ibrox under the watch of Murray, Bain etc.

[Ollie Reed]

I get mixed up between these two gents...





Pretty sure both of them are *******s though.

[DaveF]

This quote is hidden because you are ignoring this member. Show Quote

The guy who ran the Scotzine website got a letter from Carter Ruck for less. Yes Carter Ruck of super injunction fame got onto some loner Tim with too much time on his hands.

A few people have been asking similar questions over the structure of Rangers’ takeover. It is more productive to write a post about this rather than answer the same question many times. The interesting part about this comes from the obsessive secrecy surrounding this transaction. The secrecy is a bit of a surprise given that one of the few logical reasons for buying a football team is to get a lot of free publicity (David Murray got to go gambling with a billion pounds of HBOS’ cash due to his ability to cultivate an image through his ownership of Rangers. He was not keeping it a secret).
Murray International Holdings Ltd sold its 85% shareholding to a company that was then called Wavetower. Wavetower also purchased Rangers’ £18m bank debt from Lloyds. They did not clear that debt. Rangers FC now owes its parent company this money. (An additional £10m or so is also owed to other creditors. This has also not been cleared).

Wavetower changed its name to The Rangers FC Group Ltd. on 12th May.
The directors of The Rangers FC Group Ltd. are:
Craig Whyte
Andrew Ellis
Phillip Betts

The single share issued in the company that owns Rangers is held by:
Jordan Nominees (Scotland) Ltd.

Nominee shareholdings are used to hide the identity of the shareholders in a company. There are legitimate reasons why you might do this e.g. if Shell had just developed a new type of fuel and did not want its competitors or partners on other ventures to know that it was behind the new invention. They would register the patent under a company that uses a nominee shareholder to disguise the true owner. The nominee shareholder is obliged by contract to act on behalf of the real “beneficial owners”.

So, if you did not want your name in the papers as being an owner of Rangers FC, then you can hide behind a nominee shareholder while still having legal authority over your investment.

Given that Craig Whyte, Andrew Ellis, and Phillip Betts are listed with Companies House as directors, they do not get much benefit from secrecy. Presumably there is someone else behind the scenes who would like to keep a low profile.

The secret of who really owns Rangers would be of interest to virtually the entire population of Scotland and many people beyond. Do not expect anyone in the Scottish media to even dare raise this issue.

Oh and this is before what has gone on at Ibrox under the watch of Murray, Bain etc.

So if they won't reveal this wonder secret, who will.

If it anyone other than the Pope you are letting us down Jack.

[Baldy Foghorn]

This quote is hidden because you are ignoring this member. Show Quote

I get mixed up between these two gents...





Pretty sure both of them are *******s though.

[Ollie Reed]

This quote is hidden because you are ignoring this member. Show Quote

So if they won't reveal this wonder secret, who will.

If it anyone other than the Pope you are letting us down Jack.

That's cos it probably is Jack himself.

Well done on acquiring Rangers, Jack.

[steakbake]

This quote is hidden because you are ignoring this member. Show Quote

So if they won't reveal this wonder secret, who will.

If it anyone other than the Pope you are letting us down Jack.

It is possible to find the suggested name on another internet site. A look on google will probably help.

[JackRegan]

This quote is hidden because you are ignoring this member. Show Quote

So if they won't reveal this wonder secret, who will.

If it anyone other than the Pope you are letting us down Jack.

Dunno, maybe the Pope's nazi past will cut him some slack wi ra Bears.

This name is not on any celtic site either, but the guys who got it (and got pretty much everything on rangers, whyte among others) will be bale to confirm it in the next two weeks.

Suffice to say one of the individuals concerned is suspected of serious organised crime and that his money is as clean as the wee guys who watch yer moatir when you visit that wonder of 20th century architecture and engineering that is Celtic Park.

[Andy74]

This quote is hidden because you are ignoring this member. Show Quote

The guy who ran the Scotzine website got a letter from Carter Ruck for less. Yes Carter Ruck of super injunction fame got onto some loner Tim with too much time on his hands.

A few people have been asking similar questions over the structure of Rangers’ takeover. It is more productive to write a post about this rather than answer the same question many times. The interesting part about this comes from the obsessive secrecy surrounding this transaction. The secrecy is a bit of a surprise given that one of the few logical reasons for buying a football team is to get a lot of free publicity (David Murray got to go gambling with a billion pounds of HBOS’ cash due to his ability to cultivate an image through his ownership of Rangers. He was not keeping it a secret).
Murray International Holdings Ltd sold its 85% shareholding to a company that was then called Wavetower. Wavetower also purchased Rangers’ £18m bank debt from Lloyds. They did not clear that debt. Rangers FC now owes its parent company this money. (An additional £10m or so is also owed to other creditors. This has also not been cleared).

Wavetower changed its name to The Rangers FC Group Ltd. on 12th May.
The directors of The Rangers FC Group Ltd. are:
Craig Whyte
Andrew Ellis
Phillip Betts

The single share issued in the company that owns Rangers is held by:
Jordan Nominees (Scotland) Ltd.

Nominee shareholdings are used to hide the identity of the shareholders in a company. There are legitimate reasons why you might do this e.g. if Shell had just developed a new type of fuel and did not want its competitors or partners on other ventures to know that it was behind the new invention. They would register the patent under a company that uses a nominee shareholder to disguise the true owner. The nominee shareholder is obliged by contract to act on behalf of the real “beneficial owners”.

So, if you did not want your name in the papers as being an owner of Rangers FC, then you can hide behind a nominee shareholder while still having legal authority over your investment.

Given that Craig Whyte, Andrew Ellis, and Phillip Betts are listed with Companies House as directors, they do not get much benefit from secrecy. Presumably there is someone else behind the scenes who would like to keep a low profile.

The secret of who really owns Rangers would be of interest to virtually the entire population of Scotland and many people beyond. Do not expect anyone in the Scottish media to even dare raise this issue.

Oh and this is before what has gone on at Ibrox under the watch of Murray, Bain etc.

I think that's all a bit dramatic. Nominee accounts are pretty mundane to be honest and far from being some cover for people they are generally used by banks/investment companies to manage their holdings in various entities under the same identifiable name.

[JackRegan]

This quote is hidden because you are ignoring this member. Show Quote

It is possible to find the suggested name on another internet site. A look on google will probably help.

You might get names bandied about on Twitter, but until such times as they appear on two sites, you willnot know ithey are genuine or not.

Kerrydalestreet, Huddleboard and CelticMinded moderators are removing any posts who name this guy.

[Killiehibbie]

This quote is hidden because you are ignoring this member. Show Quote

Dunno, maybe the Pope's nazi past will cut him some slack wi ra Bears.

This name is not on any celtic site either, but the guys who got it (and got pretty much everything on rangers, whyte among others) will be bale to confirm it in the next two weeks.

Suffice to say one of the individuals concerned is suspected of serious organised crime and that his money is as clean as the wee guys who watch yer moatir when you visit that wonder of 20th century architecture and engineering that is Celtic Park.

Did I hear him advertising his new charm offensive to be read in The Sun this week?

[DaveF]

This quote is hidden because you are ignoring this member. Show Quote

The guy who ran the Scotzine website got a letter from Carter Ruck for less. Yes Carter Ruck of super injunction fame got onto some loner Tim with too much time on his hands.

A few people have been asking similar questions over the structure of Rangers’ takeover. It is more productive to write a post about this rather than answer the same question many times. The interesting part about this comes from the obsessive secrecy surrounding this transaction. The secrecy is a bit of a surprise given that one of the few logical reasons for buying a football team is to get a lot of free publicity (David Murray got to go gambling with a billion pounds of HBOS’ cash due to his ability to cultivate an image through his ownership of Rangers. He was not keeping it a secret).
Murray International Holdings Ltd sold its 85% shareholding to a company that was then called Wavetower. Wavetower also purchased Rangers’ £18m bank debt from Lloyds. They did not clear that debt. Rangers FC now owes its parent company this money. (An additional £10m or so is also owed to other creditors. This has also not been cleared).

Wavetower changed its name to The Rangers FC Group Ltd. on 12th May.
The directors of The Rangers FC Group Ltd. are:
Craig Whyte
Andrew Ellis
Phillip Betts

The single share issued in the company that owns Rangers is held by:
Jordan Nominees (Scotland) Ltd.

Nominee shareholdings are used to hide the identity of the shareholders in a company. There are legitimate reasons why you might do this e.g. if Shell had just developed a new type of fuel and did not want its competitors or partners on other ventures to know that it was behind the new invention. They would register the patent under a company that uses a nominee shareholder to disguise the true owner. The nominee shareholder is obliged by contract to act on behalf of the real “beneficial owners”.

So, if you did not want your name in the papers as being an owner of Rangers FC, then you can hide behind a nominee shareholder while still having legal authority over your investment.

Given that Craig Whyte, Andrew Ellis, and Phillip Betts are listed with Companies House as directors, they do not get much benefit from secrecy. Presumably there is someone else behind the scenes who would like to keep a low profile.

The secret of who really owns Rangers would be of interest to virtually the entire population of Scotland and many people beyond. Do not expect anyone in the Scottish media to even dare raise this issue.

Oh and this is before what has gone on at Ibrox under the watch of Murray, Bain etc.

You might have credited the website where you lifted this from Jack.

And here was me thinking there was one Celtc fan who could express himself correctly

[Andy74]

A quick check shows this company is part of a company formation and incorpoaration service.

Looks lilely that it was just part of the set up of the new entity.

[JackRegan]

This quote is hidden because you are ignoring this member. Show Quote

I think that's all a bit dramatic. Nominee accounts are pretty mundane to be honest and far from being some cover for people they are generally used by banks/investment companies to manage their holdings in various entities under the same identifiable name.

In normal circumstances, I woudl agree, however bear in mind the following:

1.) Literally minutes after the takeover was announced, a statement appeared on Rangers website, denouncing Whyte. This followed statements to that effect made by Paul Murray, Alistair Johnston and Martin Bain. This statement remained for 6 hours before being removed.

2.) The above named, recently departed hun Directors, despite repeated requests, were never provided with an answer as to the source of Wavetower's funds.

3.) Two Rangers directors were fired today. Another two were suspended for "Financial irregularities".

4.) Rangers again offered, just last week an increased offer to settle their tax bill, it was rejected

Whyte does not have the money himself. Neither does Ellis and neither does Betts.

Only one is a Rangers fan (Whyte) and even then his first love was Motherwell.

They are front men, who helped Murray get off the stage before the music stops and this is the start of the blame game.

[silverhibee]

This quote is hidden because you are ignoring this member. Show Quote

Neil Lennon...

I am Neel Lenin.

[steakbake]

This quote is hidden because you are ignoring this member. Show Quote

Did I hear him advertising his new charm offensive to be read in The Sun this week?

Hmmm. As far as I have managed to dig, it is a pretty incredible suggestion that he would be the new owner of RFC.

I would be amazed if it was him. It would be funny as f.... but I would be genuinely amazed.

[JackRegan]

This quote is hidden because you are ignoring this member. Show Quote

You might have credited the website where you lifted this from Jack.

And here was me thinking there was one Celtc fan who could express himself correctly

Thing is, that one is normally always a day late

CelticResearch on Twitter and a certain Donegal based juornalist are usually the trailblazers here.

Said journalist was keeping his powder dry and the race is is on to name names first.

Believing in Conspiracies does devlop certain skills.

And not a Private Detective in sight.

[MussiHibee]

Bain is very dodgy. Sure he got a villa in Spain/ France out the Boumsong deal years ago.

[JackRegan]

This quote is hidden because you are ignoring this member. Show Quote

Did I hear him advertising his new charm offensive to be read in The Sun this week?

The Pope is running a charm offensive in The Sun?

[Seveno]

And if you really like conspiracy theories ..............

http://rangerstaxcase.com/2011/05/23...know-a-secret/

[Moulin Yarns]

This quote is hidden because you are ignoring this member. Show Quote

You might get names bandied about on Twitter, but until such times as they appear on two sites, you willnot know ithey are genuine or not.

Kerrydalestreet, Huddleboard and CelticMinded moderators are removing any posts who name this guy.

When are you going to post a 'shadowy image' of the named person