Rangers Rumours Archive September 14 2011

14 Sep 2011 18:12:05
wish folk would stop talking and writing total s**t. go to the official rangers website and see the chairmans statement to find out whats happening. whyte has paid off our bank debt and we kept some key players and signed a few more, yes more players coming in would have been great and some marqee players would have been better but our squad is more than capable of winning this league so give ally and the board some rest bite and back the team to win the league!

Ha........ "paid off our bank debt". Classic. No, he has not paid off your bank debt, he has transferred the debt to his Wavetower company. He is servicing the debt. Whyte owes the bank around £18-£25 million. He could face a small tax bill of upto £4m including penalties and interest. And then he could be forced to pay a far larger tax bill of upto £53m. Add to this monies owed to Bain and installment payments to Rapid Vienna and you will see the perilous state of the clubs finances. Do you honestly think the official website is going to highlight and address these issues? No. Also, why did Whyte not allow any Cameras into the press conference? I would imagine its because he doesnt want anyone to see the strain on his face as he's trying to stop himself sh*****g his pants.

Thats alot of coulds and maybes pal. Servicing or paid off you're splitting hairs the outcome is the same, RANGERS HAVE NO DEBT. Mr Whyte is more than capable of looking after Rangers finances, you don't make the money that guy has by being a dumb ass like some of the people that feel the need to comment on him.

Wtf is rest bite?respite?

But thats the point.... How has Whyte made his money. Can anybody actually name a successful company that he has been involved with? A check of companies house records will show you that his previous two ventures in the UK have ended up in bankruptcy. He has severely bitten off more than he can chew and he practically admits this in this interview. When asked about his plans for the future of the club should the big tax case go against rangers he simply says "we'll wait and see what happens". Now, this interview was designed to appease some of the genuinely and rightfully disgruntled supporters. But it has highlighed that Rangers will be cutting more wages, a possibly major sale in January and hasn't answered any questions of how this so called whyte knight is going to address the looming tax case. As you might have gathered i am not a rangers man but you must agree that his very handpicked press meeting has dredged up more questions than answers.

Bank paid.......yeah......

Were talking about rangers debt not whites. rangers have no debt and assets of 70-80 million. tax case, they have not even had a total callculate, so no bill as yet! some dims should stick to there on page :O)

The guy was supposed to buy the club for 30 odd million and some of that was to pay off the debt. Then he was told about w 2.4million tax bill that was comming in so Murray then sold the club for a quid as an act of goodwill.

What the hell has happened to the season ticket monies that folks paid in ? The money that he spent on "stadium upgrades" and player purchases looks like it came from the ticket sales.

He talks about he put in 8million worth of bids around Europe... Bidding isn't the same as buying. Looking at these contracts he renewed ... They'll be off by the end of the January Fire Sale as he has more or less put it out there that Rangers are skint !

How the hell could he come out with the statement that we are in a worse state than he thought ? He was looking at the books for the best part of half a year !!

Bitten off more than he can chew is a bit inaccurate but I know what you mean, he has had a bit of a rude awakening since the new season started. I am a Rangers man and I'm willing to give the guy a chance. He "handpicks" the journalists he trusts, in my opinion, to protect himself which isn't such a bad thing so early in his reign in charge, he did say he wouldn't be taking any of the s**t that murray let be said about the club. At least this guy stands his ground. True he has suffered bankruptcy but his record for turning around failing companies is good and although the business practices may be slightly different in the football world, Rangers are a struggling business after all. Mr Whyte (just like Ally) is on a bit of a learning curve. Don't mistake my confidence in these men for naivety, but what ever happens best case or worse case Rangers will survive

Losers, all you supposed fans of rangers, who sit and just make stuff up, which is prob like 90% of the posters on here

LOSERS and NOT fans. doom and gloom merchants. should be celtic fans.

Its amazing through hard times there are lunatics that just want to be negative and drag everyone down,

LOSERS!!

Here another slight on things you own a football club with a tax tribunal coming up , are u gonna let hector the tax collector think your buisness is rosey or are u gonna let him think your struggling so as to get a more leniant decision should things not go your way hmmm would u not also hold back money until its all settled incase hector takes that to, i know would be , makes more sense especially for someone whos dealt with bamkruptcy and taxmen before

Brilliant, very insightful. Your carer knows that you're using his computer right?
That's what the sights about, peoples rumours and opinion on those rumours. Grow up

Totally agree with the initial comment, im behind rangers ally n whyte, everything else is just rumors and nobody knows what the final outcome will be.

14 Sep 2011 16:29:44
any news on abelairas

Yes, he is from Argentina and he makes the best bbq'd steak I have ever had in my entire............. other than that, nuffin m8

Not signing. Unfortunately.

His trial period ends on friday but dont know any more than that!

How do you know he isn't signing? I'm not sure, not seen anything on him signing or not signing. I do know though that he played a bounce game out of position I believe? I thought he was more of a left winger than central midfielder. I'd be surprised Rangers signed somebody else when they said they want to reduce the wage bill though. WATP.

Heard it from a good mate of mine at Murray Park. No funds in place to sign him now, will only sign if we free someone else. The usual excuse of he's not match sharp and had a long standing injury will be trotted out but the basic truth is we're skint and cant afford another wage. Which is a pity as by all accounts he has looked very sharp in training but then so does Kerkar and he never gets a sniff of a game.

QUOTE ''HEARD FROM A MATE OF MINE AT MURRY PARK'' yeh what aload of p*sh man. LOSER

I heard the opposite, mccoist very keen to sign him and discussing it with whyte

Yeah and i was told that grass was red once, but its green. no news yet, so no one here can know

If I was McCoist I would offer the boy a contract to january and if he plays in 70% of games in that time he gets an automatic 1 year extension or he can choose to leave either way. No real risk involved. Short term deal that could put the player in the shop window or form a career at rangers for him. Could suit both parties

14 Sep 2011 08:04:46
So Whyte spent 6million including transfer and agent fees, We've yet to see the Bougherra money and on top of that he had to pay off Beattie with 1million quid!! Why have the doom and gloom crew not been banging on about that? Maybe its time for the anti- whyte campaign to get off his back and realise he's trying to fix what's happened under the old regime!!

I think you'll find that the net spend during the transfer window was £500,000

Think its time for rangers fans to unite and stand along craig whyte and the rangers board. he is trying to stabilise the club that was crippled by the previous owners. Good luck craig whyte and lets do our business on the pitch.

Eh how can it be a net speand of 500k if we have received no money for Bougie or Adam yet?

Do you actually think when people buy players they pay up front? that doesnt happen get a real.

We have no champions league money , our wage bill has went up 6million a year, we have bought about 7 players, we have a massive tax bill hovering over us, yet you still wanna spend 15 million, its NEVER going to happen so stop dreaming about it. We have won 3 in a row with this squad and added some good players to it to make it 4 in a row. We need to star developing players and selling them on for a profit.

Some fans just live in a fantasy land and for all the fans giving martin bain sympathy, just remember he was on the board who sactioned payments into the EBT so he has got a cheek trying to expose rangers in the papers.

We don't know enough about the situation to have an informed opinion,what I would say is that the previous board Bain include left the club in a mess and would have needed to face the same tax difficulties.Craig whyte is trying to sort the mess out ,he didn't create it .www need to calm down and allow things to take there course there is no magic wand let's keep behind ally and the team and be what we claim to be SUPPORTERS

Back the man and give him a chance to sort out the mess, he didn't make his fortune not knowing what he was doing. Great thing this country innocent until proven guilty

"Do you actually think when people buy players they pay up front? that doesnt happen get a real."
they also don't pay 5 years wages up front either, so that blows that argument out the window.

Bain never sanctioned EBT payments either, it was already in place before he joined

Personally i think Mr Whyte is keeping as much money as he can get from transfers incase we get slugged by the taxman.He's took on a sinking left by Murray and co,lets get behind him,Ally and the club.The last thing they need is the fans mumping and moaning he's no spent the money on players.WATP and dont forget it! 2-1 on Sunday!

Our wage bill has went up 6 million a YEAR not 6 million over 5 years you fool!

So are Mr Bains best friend? Clearly you are not very clever!

Martin Bain has been on the rangers baord since 1996, these payments are from a period between 1999-2003. so by my calculations he was there.

Also how about you try and support your team instead of coming on here and talking nonsense, or are you from other side of the city and your scared? 4 in a row!! watp!

The airport bear ... sorry to say but the last bear bleating on about martin bain needs hid head checked out , personaly the old board should be hung in george and left to rot ! the quicker craig whyte sorts this mess out the better ... follow follow !

You're not getting it....he hasnt spent 6m, that would the case if it was a year from now. his net spend is 500k.

and no, i'm not Bains friend, neither am i a fool, but i can tell you as a matter of fact, that he didnt sanction EBT's, he wasnt in that position of authority to do so, the only 2 people who could do such a thing were murray & ogilvie

Whatever the actual situation is, we must back Whyte and Rangers.
He bought the Club despite knowing there was going to be a fight with the tax man.
The debt is NOT his fault and we all must back him to do what he thinks is proper.
If anything, Bain should be made liable for any past debts which arose when HE was overseeing the Club's financial affairs.

Shut up about net spend n stop brown nosing bain he was part of the regime that caused this mess we are now in whether or not Whyte spent 500k or not its 500k more than we would have spent had he not been in charge so stop tryin to stir it you ARE a fool. Whyte was the only person willing to take us on and see if he could save us this guy has made an incredible living doing the same thing so get behind him and Ally lets win this title and shut the other mob up 1ce again they are stirring this purely because they know the title for them this season is a must without it they could be on the end of a further run of Rangers titles. Thats probably why they spend so much time on here coz they revel in mugs like you being all doom and gloom

Martin bain didnt join the board till 2000, so are you telling me he sanctioned this when he was just an employee with absolutely no say in the running of the club?

He sanctioned giving himself a pay rise not long ago when we were having to sell/release players. Now hes froze money n took us to court. Some gers fan that. Murrays yes man, glad we got shot. Get behind whyte, ally n the team or go somewhere else, thats the options, n if it aint door 1, il be glad to see the back of u, we dont need so called fans who turn on their own!

Who did u look up wiki for your source??

if you actually believe that Martin Bain is due this money and that he didnt have a VERY BIG hand in how badly our club has been run over the last 10 years then you really are deluded!!

I am glad to see there are more positive fans than these negative doom n gloom merchants. Our club was run poorly yes we enjoyed success big names and big transfers but look at the price we are paying now. It should be the previous regime that you aim these digs at not the guys trying to save this club. I hope we win this case because if we do Craig Whytes business expertees will come in to play and he will make us bigger and stronger than before with a larger marketing audience and that is when this club will become a truly powerful brand world wide and sucess will return.

Martin Bain stabbed alot of guys in the back to get where he got to at Rangers. It really doesn't surprise me that he is now trying to bleed every last penny that he can out the club. He is an utter disgrace!

Lotsa fans miss the point on Bain.His Court case is about unfair dismissal.Not whether he is a Rangers man.Its a big difference.As for Whyte,we have no option but to give him a chance.There is nobody with money waiting to replace him.

Mr Permatan should be advised not to show his sorry face around Ibrox any time soon. Awarding himself a pay rise when things were so bleak shows the character of the man. His inept performance of defending our club when we were being attacked by the pathetic politician accross the city is also unforgivable. He sanctioned Beattie being given a 2 yr deal at £20000 per week. When he was in charge we consistantly received bottom dollar for our assets.

Yes, bains case is about unfair dismissal,but when u look at the context in which he was doing his job ie badly, then whyte had every right to get rid n bring in people he can trust. would u want someone working for u who was wanting to screw u over?

Bain was too comfortable picking up his paycheck which no doubt has netted him millions over the years. He gave himself a pay rise at a time wattie, ally n the coaching team were working without contracts then claims hes got the clubs best interests at heart when attacking whyte. The guy is a two faced **** who has played his part in making us the financial mess we are now.

Hope he struggles for a job after this, not a good look

Am I the only one who picked up on the affection shown to mr Bain by both Walter smith and McCoist when we were collecting the trophy at killie last season. Walter obviously respected and trusted the guy so why are you all chastising him now he has been sacked. We all don't know the ins and outs of it so why comment.

Martin Bain along with other members of the board was man enough to stand up and say that Craig Whyte was not the best option for Rangers and that the option to in effect float the club and give the fans the opportunity to buy shares would be more benificial to Rangers in the long run. It cost him his job and I for 1 think he was unfairly dealt with by Whyte and also humiliated by him in the press after his suspension. He has every right to feel aggrieved at the way he was treated and every right to take them to court.

I love how people talk about the old regime and how they f***Ed us over. How many actually remember how badly ran the club was when Murray took over ? And then how spent year after year ?

The problem started when Advocaat took over and got it into his head he could compete with Europes big guns and totally over spent. The whole offshore payments was a common thing down in England with the "smaller" clubs punching above their weights. If we get found guilty so will alot of English clubs and then they will be up sh*t creek.

The only thing I'm annoyed with was selling the retail arm to JJB for quick cash.

I not complaining about the David Murray era, I admit I loved seeing Laudrup, Gazza and the de Boer twins in a Rangers top, but id much rather we hadn't spent as much and be where we are now. Even towards the end of the Murray era he was mis-managing. If I can give you and example, I work near Murray's old office in Charlote Sq and regulary had dealings with one of the directors, just after we signed Mendes, Davies and Edu I said where did the money come from for them and his reply? He had no idea! Again I'm not having a go at him but how long have the Rangers fans been asking what's going on at our club and why are we being kept in the dark constantly? Well we have our answer now. Whyte has my backing guys let's get behind him, cos I enjoy saying were the most successful club in the world and we ain't going anywhere!!!

15 Sep 2011 00:50:02
www.eveningtimes.co.uk/sport/editor-s-picks/fans-blast-martin-bain-over-court-action-1.1123645

this just sums up Martin Bains role!
Totally overpaid!