AyrshireTon Posted March 9, 2012 Share Posted March 9, 2012 BBC Sport Chris McLaughlin"Players now leaving MP. No news yet on agreement." 0 Quote Link to comment Share on other sites More sharing options...
Drooper Posted March 9, 2012 Share Posted March 9, 2012 So they aren't going to walk away from £24m, right. They're unlikely to walk away, but if they've been suckered into making a deal, they might well not have a leg to stand on. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted March 9, 2012 Share Posted March 9, 2012 Craig Whyte sold off four years of Rangers season tickets — one month before he bought the club. The embattled owner flogged the seats to London-based Ticketus to fund his entire takeover last April — four weeks before he persuaded Sir David Murray to sell up for just £1. Sportsmail can reveal Whyte convinced Ticketus to advance him £24.4million on the proviso that he would then buy Rangers. That cash was deposited into a client account with his London-based lawyer Collyer Bristow on April 7. Daily Mail 0 Quote Link to comment Share on other sites More sharing options...
Newbornbairn Posted March 9, 2012 Share Posted March 9, 2012 From the BBC - Degsy T, Kelvindale, via text, on 80295: "Scottish football is far too expensive, the cost is the same as the EPL. It should be cheaper than the Championship. But I do think that Rangers should charge away fans double until we get out of administration. That would be a great gesture of support from other clubs 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted March 9, 2012 Share Posted March 9, 2012 So cards on the table, they are still fucked or it's gotten slightly better for them? Well, there's still a big, fat elephant in the room. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted March 9, 2012 Share Posted March 9, 2012 Well, there's still a big, fat elephant in the room. No, according to SSN coisty has left for the day. 0 Quote Link to comment Share on other sites More sharing options...
MEADOWXI Posted March 9, 2012 Share Posted March 9, 2012 Shouldn't have to sort things like that. I walk away in shame at my mistakes, feel free to pass this ethos on to anybody you think needs to use it. 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted March 9, 2012 Share Posted March 9, 2012 So they aren't going to walk away from £24m, right. Right. But theres a big difference between not walking away and actually being entitled to anything back. Potentially around £24m of a difference. 0 Quote Link to comment Share on other sites More sharing options...
Drooper Posted March 9, 2012 Share Posted March 9, 2012 Daily Mail That account sounds plausible given the remainder (£3.6M?) of the £24M that the administrators and others are bickering over remains in that account. 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 9, 2012 Share Posted March 9, 2012 It seems to me that a number of people are accepting the D&P statement that Rangers can walk away from the Ticketus deal. That's a big assumption. Nae chance - they don't do walking away. Wocka Wocka 0 Quote Link to comment Share on other sites More sharing options...
placidcasual Posted March 9, 2012 Share Posted March 9, 2012 All these saviours who are crawling out of the woodwork now, where were they when Murray had the club up for sale for long enough? Surely they were in a better nick then than they are now. It's not as if Murray wanted a fortune for the club. Paul Murray, Dave King et all. They just want their 15 minutes of fame. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted March 9, 2012 Share Posted March 9, 2012 Nae chance - they don't do walking away. Wocka Wocka Is that the guy that's going to be playing in goal for them next season? 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted March 9, 2012 Share Posted March 9, 2012 He says the Ticketus deal was secured against his or his companies' assets. That may or may not be true, obviously. As someone has said it may take the courts to sort out the Ticketus situation. More than likely. 0 Quote Link to comment Share on other sites More sharing options...
KnightswoodBear Posted March 9, 2012 Share Posted March 9, 2012 All these saviours who are crawling out of the woodwork now, where were they when Murray had the club up for sale for long enough? Surely they were in a better nick then than they are now. It's not as if Murray wanted a fortune for the club. Paul Murray, Dave King et all. They just want their 15 minutes of fame. Paul Murray had a bid dismissed at the same time as Whyte bought the club. A bid that appeared to be based on cost cutting and paying off Lloyds over a set amount of time. 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted March 9, 2012 Share Posted March 9, 2012 No, according to SSN coisty has left for the day. Ba-dum tish! 0 Quote Link to comment Share on other sites More sharing options...
EdTheDuck Posted March 9, 2012 Share Posted March 9, 2012 Curiouser and curiouser http://news.stv.tv/scotland/west-central/300201-rangers-administrators-and-ticketus-heading-for-battle-over-24m-season-ticket-deal/ 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted March 9, 2012 Share Posted March 9, 2012 It is, but you'd have to think it carries more weight than someone on here simply saying they cant. From the STV report: "However, STV understands Ticketus has taken legal advice on several occasions about the validity of the deal and the company remains confident it will withstand any future court challenge from the administrators. The firm, which has long experience in deals with football clubs in severe financial difficulty, believes that the arrangement would stand regardless of whether Rangers’ assets are sold to a new company and the old one liquidated. It has stated it has already bought the season tickets from Rangers FC Plc, not loaned the club money, and it is therefore the legal owner." Nah nah nah nah nah nah. 0 Quote Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 9, 2012 Share Posted March 9, 2012 From the STV report: "However, STV understands Ticketus has taken legal advice on several occasions about the validity of the deal and the company remains confident it will withstand any future court challenge from the administrators. The firm, which has long experience in deals with football clubs in severe financial difficulty, believes that the arrangement would stand regardless of whether Rangers' assets are sold to a new company and the old one liquidated. It has stated it has already bought the season tickets from Rangers FC Plc, not loaned the club money, and it is therefore the legal owner." Nah nah nah nah nah nah. One applauds thy maturity. I hope you also had tongue out and thumbs in ears! 0 Quote Link to comment Share on other sites More sharing options...
placidcasual Posted March 9, 2012 Share Posted March 9, 2012 Paul Murray had a bid dismissed at the same time as Whyte bought the club. A bid that appeared to be based on cost cutting and paying off Lloyds over a set amount of time. From memory, Paul Murray appeared on the scene almost as Whyte's bid was accepted. In other words he had no chance of it coming to fruition. 0 Quote Link to comment Share on other sites More sharing options...
chico Posted March 9, 2012 Share Posted March 9, 2012 I reckon Lloyds Banking Group will have to investigate the funds to pay off the debt, as someone said above. There's no way they can say Rangers paid it off without any questions. More to come on that, be interesting if a business journo digs away at the ins and outs of it. 0 Quote Link to comment Share on other sites More sharing options...
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