Rangers Rumours Archive May 19 2012

19 May 2012 17:48:21
if cva doesn't go through mr green's shares will revert back to mr whyte. FACT

green has spoken about this

Have you not been paying attention, if CVA is not agreed then Charles Green is obligated to go down the newco route. Why dont you back up your "FACT" with a source or a link to a website outlining to compexities of the deal which you are obvioulsy in on with all the info you have?

No name
no proof

FACT!

bil72

Has Whytes shares been officially re-assigned to Green at Companies House, Edinburgh? Is Green registered as the Owner of Rangers at Companies House? I don't think he is!

Radio clyde mentioned it on more than 1 ocassion today even replaying mr green's interview. it is true whether u like it or not. craig whyte ain't goin anywhere.

Whyte/Ticketus want liquidation . They want ibrox and Murray park. Sell / rent to rangers 2012.

STV online has stated Green isn't the Owner of Rangers until 6th June (after a successful CVA).

Listen guys u just don't give a guy £2 and he hands you a bit of paper and that's the shares sold. Lawyers from each party need to be involved and accountants and companies house and the stock exchange. Green doesn't have the shares in his name apparently.

How can CVA be agreed on June 6th when BTC result date is unknown and HMRC needs to agree the CVA.
Putting the cart before the horse.
Wouldn't be logical for Mr Spock.

Lol mr FACT i think ul find tht in the cva fail the shares are irrelevant as the old co will b liquidated after the savable asssets have been moved to the newco and the big guy at the end the BTC has nout to do with the CVA the hand HMRC are holding is whts commonly known as the WTC(thts wee taxcase not world trade centre)oh and u with the whyte/ticketus want liquidation thy can want all thy want both are irrelevant whyte has signed over ownership to green in wht was unconditional 6th of june is the date for official announcement

Floating charge and shares are separate. Crucial distiinction.

Shares in a company that will no longer exist.

Whyte won't have any say in what happens to the assets, the liquidators will sell to the highest bidder.

If a CVA isnt agreed,then Green doesnt need Whytes shares as they will be going down the NewCo route and the company he has his shares in wont exist
DaveG

FACT?. graeme

But in Green is not the Highest Bidder who can form a NewCo that is anymore the true Rangers than anyone else?

Stop moaning the bottom line is this was the game plan all along.Rangers debts became to much for them to afford.So this was the simple way to get rid and start afresh.Are we happy with it no the last few months have been murder even if it turns out creig whyte was a genius and and left us in a better state than he found us we will never forgive him or david murray.Why because even at CVAs being total legal its the way it has been handled that stinks it has just become one embarrassment after another.But i think the majority of people now realize that rangers will still be here next season one way or another.

Neither Green nor the people associated with him have anything to do with Rangers. They want to make money for themselves. They don't feel sorry for Rangers, empathise and feel the need to be generous.
I'm very very wary........... This Nanny McPhee patter is very disconcerting. Yes he'll disappear but with what? And how much dosh? I heArd Murray Park is targeted for developing into a spa hotel resort for expensive clients.

Wise up guys, if the share reverts to CW so does the SPL share for league participation. I fear this attempted CVA may be a charade to play out time for blue knights etc. to implement their plan. Expect Green to walk 7th June

Nanny McPhee?

Rangers will survive in some form, but beggars can't be choosers. Green and his ilk is as good as it gets. There is no chance of an Abramovich or a Mansour pulling up outside Ibrox. Even a rollover Euromillions winner wouldn't have enough money to make it work on their own.

So you are left with opportunists, streetwise operators and wide boys who see an opportunity to club together to make money out of exploiting a "brand".

I suspect that, after the initial purchase, the supporters will end up providing the bulk of the working capital, one way or another. That would probably be the case even if (perhaps especially if) Paul Murray and Brian Kennedy bought the club.

The supporters provide most if not all the cash for most clubs. there arent many abramovichs around

Something funny going on -
a) CVA agreed - Then CW will be expecting Green to honour the Ticketus deal, probably in black & white somewhere.
b) Liquidation - newco set up CW holds Ibrox and Murray Park via the flaoting charge. He will use them to pay off Ticketus in some way.
No way CW is stupid enough to give Green control of the shares (successful CVA) and then Green gets to tear up the Ticketus contract leaving CW the debt and nothing to use to pay it with.
c) Ticketus - At the moment only D&P can attempt to breach the contract, but I think it would fail. They have to act in the interests of ALL creditors and adding Ticketus to the CVA pot doesn't do that.

Lots of court cases on the horizon.

Forget about the CVA, worry about....

As RFC stands they are ineligable for an SFA club license (no audited accounts).
As a newco the SFA license is non-transferable anyway.
This is outwith the SPL share, and the SPL has no rights in regard to the SFA club license.
could be hosed either way!

The BTC is in effect irrelevant because we can't pay it anyway. and if liquidation happens don't need to.

19 May 2012 16:08:14
Bears, from a good source, Mr Green backed by substantial money from far east, idea is to play hard ball with the creditors, make sure they dont bleed us dry, once the cva sorted the real funding will come in, the newco will have no debt, backed with a huge war chest and the ability to get more money from the banks. Word is they are looking for some kind of asian league with the big clubs from europe like barca, inter, liverpool, the gers and bayern. Heard that drogba yakubu and lampard have already been spoken to before the european cup final. Good times ahead at last WATP.

Drogba etc etc... Cheers for that, was a bit down with not being in the final and then I say this lol... Scott

Bleed us dry? Im a rangers fan and i feel we should be paying every penny we can. Whether it take a year or 10years! Cva's are shocking business practice

I live on planet earth,what planet u from... Have u woken up from ur dream...

Aha no

So you mean rangers will bleed the creditors dry, im sick of all you supporters who basically just care about warchests, money, big signings, this just shows that supporters like you have learned nothing from all this.
You have to ask yourself why would anyone throw the billions your talking about into a football club from scotland with all the baggage that goes with it, im sure this is probably wasted on you I give up with it all.

Nasty creditors bleeding you dry! You are off your head. I am all for free speech but this post is ridiculous.
Liah Smit

Bears, its idiots like this that let the side down.

I want some of whatever your smoking sounds like some good stuff

Yeh thats right make sure the creditors dont bleed you dry Thats your job to bleed everyone else dry. Get a grip take all your punishments change your ways and get back to being a team to be proud of

This surely is a wind up......DH

Even my boy who believes just about anything doesn't believe a word of this. Sounds like a Celtic fan on the wind-up.

Either that or a bear that's started on the sherry a bit too early. BB

I say this as a Rangers' fan, and it gives me no pleasure to say it...

CVA or liquidation, it makes no difference, Rangers' name will be forever tainted until they pay their dues. And I don't mean pennies in the pound.

You don't just wash your hands of wrongdoing as if nothing has happened, you do your penance.

There has been no humility or genuine remorse whatsoever from Rangers Football Club. Nor will there be, whoever takes over. And the more I hear from McCoist and Jardine on the matter the more disgusted I become.

RFFF paying for a QC to act on their behalf to appeal against the transfer embargo? They should be using the fund to pay off as many of the small creditors as they can.

It's the supporters who are going to have to lead the way, and show their football club how to behave. They should start a charity, completely separate from Rangers Football Club, to repair some of the damage caused by Whyte and Murray.

This God Almighty mess is not the supporters' fault, so they shouldn't have to make amends, but, hopefully, they have more class than the football club they support.

The sad part is that the OP is right as far as the stance that Green (or any other opportunist) will take regarding the creditors.

Would-be purchasers are not the original defaulters on the debt, so they don't see it as their responsibility to pay it off in full. They just pay as little as they can get away with to get their hands on the club.

No more booze for this eeejit! yakubu, drogba n lampard. are you mental? unless yakuba, lampard n drogba are the name of some u17 league players in china or summat that aint happenin! what a rocket you are
the tiger.

Easily by a trillion miles the best post ever on here, i cant stop laughing !!!!

Is your source Santa Claus or the tooth fairy ?

Asian league eh? What happened to Rangers need to stay in the SPL?????????????????? What happened to the rest of the teams in the SPL need Rangers???????????? Sounds like you want to up sticks and leave, well if you want to leave then go to the 3rd division if you are relegated instead of a kiddy on made up league which does not exist. Why dont Rangers pay the debt first please.

How did you manage to type this post?
I take it the ward staff let you out of the straight jacket once a day. Please remember to take your medication!

How can you get arrange a CVA and then talk about the newco having a warchest. Does a CVA being agreed not mean there is no newco? For the rest - what a clown.........martyc1888

Best pile a p1sh yet!!

& Get aff the swally

The Pilot!

OOOOOOOOOOOOOh
MYYYYYYYYYYYYYYYY
GoDDDDDDDDDDDD

wehave just entered the twilight zone ;-)

bil72

Haha brilliant post huge warchest! Green has already said Rangers will live within their means and UEFA fair play rule kick in some oh one last thing Transfer embargo

OP you've got to be a time on the windup

I'm away to lie down in a dark room. I must have dementia. I thought that someone said that Drogba is coming to Ibrox! It's ok I will phone NHS24.

For g ds sake let pay off our debts firstly and get a bit of credit back at the club

Wot you smokin????

I'll have whatever you are on.... have you heard they are also going to be building a bridge to the moon, the hope is that we can have an intergalactic league with those aliens from Mars Attacks, Good times!

Well done mate - this certainly ranks as the most ridiculous post ever written on this forum.

A wee bit of advice: next time you write drivel like this, pause for a moment, read it and ask yourself "how likely is this to be true?".

If Carlsberg did CVA's...

I'd just like to add my 2 pennies in here. Although i don't agree with the OP, the UK law is such that it allows companies to rake in the debt and not pay back its creditors. With all due respect (and yes i think we should pay back the debt), the company cannot be blamed for following a CVA route or liquidation/newco. Millions of companies have done it and will continue to do it. If people have such a big issue with it, they should march on Westminster and get the law changed. There is no difference to Rangers FC or Vodafone or whomever following this route as the law allows it.

Let me ask you, if you were a businessman and your money was on the line (ignore morals and ethics), would you follow the route that cost you more or less when it was legally allowed by our law system?

I know what i'd choose...

19 May 2012 10:25:41
naismith is said to be keen on a move to everton to link up with former strike partner jelavic who has recommended the move to the toffees

Yep as I posted before Jelavic is talking up
Naismith to Everton. Talk about kicking us when we are down.

Im still of the belief that mcgregor davis lafferty naismith whittaker should move on to benefit the club in the long term. Massive reduction in the wage bill, in the region of 6million a year, as well as the transfer fees received

Naismith isnt leaving! give him some credit

Naismith is a quality player. He deserves a chance in premier league. Just a shame we won't get full value for him.

Although Naisy is determined to stay at the Gers, if Everton make a move and offer him decent wages, I can't see him knocking it back.

However, I don't believe for a second Jelavic is talking up, from what I am hearing, this is all just utter garbage.

TTG

Jelavic is part of the reason we lost the title. if not for him hidding in matches for over a month it might have been a different story. pains me to say this but who would want to play for us under such circumstances.

Jelavic hiding, the whole team were marked absent manys a match, the guy was class here when he got service and was allowed to play, move on he certainly has

Dont blame Jelavic for anything he was great for us. If anyone is to blame for lossing such a huge lead then it is Ally McCoist. A move to Everton would be a great move for wee Naisy - good luck to him and thanks for the memories.

If you where in a insecure job and being offered more money and security with another job what would you do?

I know what I would do family and your own well being come first no matter what team you support.

Why is ally to blame for losing a lead? It is what you said a lead. In that basis Lennon should have been sacked when he fell 9 real points behind. 11 players take the field. It isn't PlayStation stuff ally can't help it if whit makes a mistake or goian gets a red. They win as a team and lose as a team.

Was ally to blame for naismith injury? Was ally to blame for jelavic going missing for last month of his rangers career. I think the blame ally thing is a bit weak really. He did well to get us to end of November unbeaten. He signed two half decent centre halfs but needed a striker which we all knew he wasn't able to do.

DONT BLAME ALLY! IT WAS WHYTE! where was the £20mil first season? or even a mil, he was only allowed to buy guys with a 6 figure price tag! not what gers player usually cost! look at celik, goin, get a grip.

Wallace was a 7 figure sum

Wallace, name another two? or even another 1? we spent less on all ignings than we got for the single sale of jelavic, as i said, nowhere near what rangers pay for players. im waiting for that other 7 figure sum ally was allowed to buy?

Rangers have spent more than Celtic for the last three seasons summer window, u have spent more than Celtic. Whilst on your knees you told us, maybe you were actually spending what u could afford for a change.

Still shouting about million pound players?Seriously?!

Jamie Mac

I wish any Rangers player who leaves in the summer all the very best, they have been royally SHAFTED by the men in charge.

It's funny you don't blame ally for the results it's a collective thing ! But when the wee French man with a better record than ally was there you could not wait to get rid ! Lol

Naismith wants to go let him only going to be good for him future,does not want to play in the spl unlike scott brown wants to stay at celtic and not test his self at the top level he is s**te.

One of the best Scottish talents in a long time, he will do brilliantly no matter where he goes, if its Everton, i'll be watching him every week. Thank goodness we will still benefit from him with Scotland.

Good Luck!