Generic Sevco / Rangers meltdown thread

johnbc70 · 21-02-2012 06:59 PM

Originally Posted by CropleyWasGod

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

You really think so?

He will claim not to know where it came from, but yes he more than likely knew and turned a blind eye or did not care where it came from.

**oregonhibby** · 21-02-2012 06:59 PM

I note according to the BBC a Hibs supporter is interested in Rangers. One Brian Kennedy!

***CropleyWasGod*** · 21-02-2012 07:00 PM

Originally Posted by johnbc70

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

He will claim not to know where it came from, but yes he more than likely knew and turned a blind eye or did not care where it came from.

**DH1875** · 21-02-2012 07:05 PM

Originally Posted by CropleyWasGod

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

Rangers aren't due anything to Ticketus.Ticketus bought season tickets for the next 4 years (3 if you believe CW). They will then sell these to supporters, at a profit.As for the liquidation question.... if these tickets are worthless in a future RFC scenario, they appear to have been underwritten by CW.

Aye, cause Whytes got the money for 80,000 season tickets at £500 a pop

.

***Jonnyboy*** · 21-02-2012 07:07 PM

Originally Posted by oregonhibby

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

I note according to the BBC a Hibs supporter is interested in Rangers. One Brian Kennedy!

Indeed! Maybe he could do a Stockport County on them

***CropleyWasGod*** · 21-02-2012 07:10 PM

Originally Posted by DH1875

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

Aye, cause Whytes got the money for 80,000 season tickets at £500 a pop

.

Well, if he is giving Ticketus a guarantee, you would expect them to do some due diligence on him.

Just like SDM did

**EuanH78** · 21-02-2012 07:26 PM

Originally Posted by CropleyWasGod

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

Rangers aren't due anything to Ticketus.

Ticketus bought season tickets for the next 4 years (3 if you believe CW). They will then sell these to supporters, at a profit.

As for the liquidation question.... if these tickets are worthless in a future RFC scenario, they appear to have been underwritten by CW.

I thought RFC owns MP.... the admins seem to think so, too.

Seems legit to me

**thekaratekid** · 21-02-2012 09:39 PM

Apparently Rangers owned 16 shares in Arsenal. They probably held historical significance for the club.

Whyte sold them in December.

***Hibernia&Alba*** · 21-02-2012 11:07 PM

Originally Posted by johnbc70

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

So we know he lied when he originally denied he used the Ticketus money to buy the club, today he has admitted he did indeed use that money. Interview on Sky has said that is illegal to buy a business using the assets of that business, it is a breach of the Finance Assistance Rules.

I think it comes down to the fact that he paid £1 for the club, therefore he bought the club fair and square for £1 from SDM. SDM however would only sell him the club on the basis he proved his own wealth by depositing £18M into an account, this was done with the Ticketus money but SDM must have been under the impression it was his own money so he agreed to sell, when infact as we now know it was Rangers own season ticket money that was mortgaged to Ticketus. So SDM is the fool in this case as he sold him the club thinking he has his own wealth.

So looks like he bought the club in a fair manner, he has fooled SDM though as the money was not his in that account it was Rangers own money. So I think he has done nothing wrong in the actual buying of the club? The non payment of tax and national insurance etc is another matter though.

Its great entertainment though!

That's how it looks. Whyte has invested the princely sum of wan poon in Rangers

. He's lied through his teeth about the funding of the payment to Lloyds and has been found out. He must have thought he'd make an absolute killing, potentially making millions for a one pound stake if the club comes out of administration debt free. And if they're liquidated, wouldn't Ibrox and other assets be his to sell off? A con man.

***Spike Mandela*** · 21-02-2012 11:58 PM

Tom English dissects the Whyte statement for the fabric of lies it is, great stuff...............

http://www.scotsman.com/sport/footba...ions_1_2130718

***Hibernia&Alba*** · 22-02-2012 12:18 AM

Originally Posted by Spike Mandela

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

Tom English dissects the Whyte statement for the fabric of lies it is, great stuff...............

http://www.scotsman.com/sport/footba...ions_1_2130718

Thanks for the link. I defy anyone to read that without forming a grin as wide as the Forth Bridge

**JeMeSouviens** · 22-02-2012 02:46 AM

Originally Posted by Spike Mandela

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

Tom English dissects the Whyte statement for the fabric of lies it is, great stuff...............

http://www.scotsman.com/sport/footba...ions_1_2130718

Hell hath no fury like a second rate hack scorned. English must feel a right tit given the amount of Whyte's PR he regurgitated last year.

***Viva_Palmeiras*** · 22-02-2012 06:59 AM

Rule Britannia!
Craig Whyte smiles and waves
Britain never, never, never
Shall get paid!

**green glory** · 22-02-2012 11:56 AM

Apparently CW has flogged the shares Rangers have held in Arsenal since the 1930's for 200 grand. The Teddy Bears on Verminmedia are very non-plussed indeed. Ho Ho.

**John_the_angus_hibby** · 22-02-2012 12:46 PM

Ouch! :)

** Rangers 'treated fairly' over tax **
The tax authorities deny claims that Rangers Football Club is being treated unfairly over its tax debts.
< http://www.bbc.co.uk/news/uk-scotlan...-west-17127983 >

Sent from another universe!

***ano hibby*** · 22-02-2012 01:03 PM

Originally Posted by JeMeSouviens

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

Hell hath no fury like a second rate hack scorned. English must feel a right tit given the amount of Whyte's PR he regurgitated last year.

Correct, Whyte had him in his pocket for a while. This is the start of some decent revenge mind you

A worthwhile read.

**jgl07** · 22-02-2012 01:38 PM

Originally Posted by VivaPalmeiras

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

Rule Britannia!
Craig Whyte smiles and waves
Britain never, never, never
Shall get paid!

If Rangers get away with this the song will become:

Rule Britannia,
Britannia waives the rules

***Hibernia&Alba*** · 22-02-2012 03:19 PM

I had a read of a couple of Hun forums earlier, and it's like witnessing the collapse of the Third Reich

***Sylar*** · 22-02-2012 03:20 PM

http://www.bbc.co.uk/news/uk-scotlan...-west-17128997

Can Craig Whyte account for his whereabouts?

***CropleyWasGod*** · 22-02-2012 03:25 PM

Originally Posted by green glory

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

Apparently CW has flogged the shares Rangers have held in Arsenal since the 1930's for 200 grand. The Teddy Bears on Verminmedia are very non-plussed indeed. Ho Ho.

Actually, on a moral level, this is almost as bad as it gets for me. I struggle to find sympathy for the "wee arra people" mentality, but this shares things harks back to the days when there was a bit of dignity and morality about football.

CW really has sold off part of the club's heritage here, a part that they should feel proud of.

The ironic thing is that, according to Keith Jackson, he paid the cash into his stockbroking firm's account......

..............which has been frozen by the FSA.

***easty*** · 22-02-2012 03:33 PM

Originally Posted by Spike Mandela

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

Tom English dissects the Whyte statement for the fabric of lies it is, great stuff...............

http://www.scotsman.com/sport/footba...ions_1_2130718

I wouldn't particularly call it great....it borders on amateurish in my opinion. If someone had posted it on here as there own opinions/post then that would have been good, but for a 'journo' to pass that off as an article for a news website is pretty poor.

**Since90+2** · 22-02-2012 03:34 PM

Originally Posted by green glory

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

Apparently CW has flogged the shares Rangers have held in Arsenal since the 1930's for 200 grand. The Teddy Bears on Verminmedia are very non-plussed indeed. Ho Ho.

Im surprised that football clubs are allowed to hold shares in other clubs , does anyone know of any other examples of this?

***CropleyWasGod*** · 22-02-2012 03:36 PM

Originally Posted by SunnyLeith

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

Im surprised that football clubs are allowed to hold shares in other clubs , does anyone know of any other examples of this?

There is probably a limit.

Rangers only had 22 shares in the Arse, and it was symbolic rather than commercial.

A bit like ma shares in Hubz...

**ancienthibby** · 22-02-2012 03:46 PM

Originally Posted by SunnyLeith

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

Im surprised that football clubs are allowed to hold shares in other clubs , does anyone know of any other examples of this?

It goes back more than 100 years though, so I'd imagine there's been some changes in the meantime.

If someone offered me £14,000 for each of my Hibs shares, I might just be tempted to sell one!

On another matter, 'one booted-outed by CW' director, Dave King, seen leaving Castle Greyskull accompanied by the pie-munching manager.

http://www.bbc.co.uk/sport/0/scotland/17130753

It's been a slow day for soap opera developments!

**truehibernian** · 22-02-2012 04:32 PM

News coming through that the SPL are going to investigate Rangers for alleged sectarian chanting against Kilmarnock......good....about time they get absolutely hammered, and hopefully yet more points docked or worse. Let's hear Salmond defend this 'institution' who on Saturday had thousands being 'institutionally sectarian'.

***CropleyWasGod*** · 22-02-2012 04:35 PM

Originally Posted by truehibernian

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

News coming through that the SPL are going to investigate Rangers for alleged sectarian chanting against Kilmarnock......good....about time they get absolutely hammered, and hopefully yet more points docked or worse. Let's hear Salmond defend this 'institution' who on Saturday had thousands being 'institutionally sectarian'.

Kick a man when he's down, why don't they?

**Andy74** · 22-02-2012 04:40 PM

Bad timing on our part to be p1sh. Could have been a big Champions league qualifying clash tonight!

**Andy74** · 22-02-2012 04:43 PM

Originally Posted by CropleyWasGod

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

Kick a man when he's down, why don't they?

Why not?

Seriously though, I think this will bring out the elements in the support that they have been trying (not oo much though) to keep under control.

There were certainly threads on their fans' sites to that effect that they might as well just do as they like.

The authorities need to make sure that they are still required to refrain from all this stuff whether they are goosed or not.