More Rangers woe...

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Why?.....no that's a cheap shot.

Seemingly Whyte gave personal guarantees to Ticketus.
So he needs to pay them back the £27m to avoid the case.

As I keep on saying there is no authority to this, just some loose tongues in the city probably.
 
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Well going by your logic that he is being sued but is yet not guilty of anything he should give money back, so does that mean that if you get charged with a crime don't bother with court and just head straight to "the big hoose?" (see what I done there?)

That is why your argument is garbage.
 
It was not just loose talk then.

CVA is the only way out now, that is why Whyte's worthless shares were so valuable.

No group are interested in Rangers assets as they do not cover the debt.
It is only the football business that will save them now. With the SFA sanctions in place that is a real long term punt, 5 years @ £6-10m a year before they are anywhere near solvent.
 
Especially the clubs still owed money.
SS2 said:
Duff and Phelps couldn't get laid at a nymphomaniacs' convention in a bed showroom next to a free brewery. Seriously, these guys take £6,000 a day in fees for almost 3 months now and the feckin' Chuckle Brothers could have done a better job.

What happens now is anyone's guess. Probably lots of arguing and fees being paid to administrators, lawyers, QCs, accountants, agents.... A sad time for the whole of Scottish football.
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I hope they go into liquidation and cease to exist - leaving behind a legacy of bigotry and cheating.

They should be stripped of all the silverware they have cheated their way to over the years, and if they re-emerge as a new club, should start in Division 3.

Their history should read - Founded 2012.Trophies won - 0.
 
chris661 said:
I would be surprised if liquidation DOESN'T happen to be honest.........
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I am just catching up after a few days away and Rangers and Green and Whyte has a certain ring to it.:whoo:

Green and Whyte are in cahoots along with D&P.All the while TBK were sniffing around apparently Green,who has previous dealings in cahoots with Whyte,has been going thro the books and surprise surprise Whyte is ready to sign over for nothing!

The CVA will be proposed and and refused as it will be more sensible to flog the asset/s.Expect liquidation to happen and Whyte to be a very very happy man as his game has been seen thro to a winning end.
 
Very interesting times ahead in Scottish Fitbaw.

Should be a very interesting couple of months ahead, need to make sure that I've got a plentiful supply of popcorn.
 
thecraw said:
Very interesting times ahead in Scottish Fitbaw.

Should be a very interesting couple of months ahead, need to make sure that I've got a plentiful supply of popcorn.
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Thing is they don't have a couple of months. The league need the teams finalised for the 4th of June for the fixtures to be published so in essence they have 2 weeks for a cva to be agreed :mad: the law says creditors have 28 days!! Liquidation is IMO inevitable.
 
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