According to the title deeds lodge with the Registry of Scotland, the floating charge transferred to previous owner Craig Whyte is still outstanding over the Murray Park training ground in Auchenhowie Road, Milngavie. The standard security to the Scottish Sports Council over the facility, created in 2002, is also still active according to the registry.
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So the £27m FC followed the assets and neatly takes CW out of the liquidation picture away from HMRC and in a position to trade off any rental of Ibrox and MP against the £27m Ticketus debt
Meaning
Any buyer of the club is faced with repaying Ticketus £27m unless he is prepared to give CW at least £30m for the assets
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Can anyone explain this post from RTC in workies English ?