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Big Rangers Administration/Liquidation Thread - All chat here!


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Aye mate, I've been to Inversneckie on many an occasion .. littered with brainiacs ... NOT !!!

I agree with your sarcasm, hunners of Rangers and Seltic tops wandering about the Eastgate every day.

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hahahahaha - I see it is Charlie's Green's turn again to take the brunt of Leggo's semi-literate and poorly constructed rantings :D I did enjoy his one suit comment tho!

http://leggoland2.blogspot.co.uk/

The RanjursMedia fanboys will not like this! :lol:

CHARLES GREEN'S ACHILLES HEEL

CHARLES GREEN'S Achilles Heel is finding the money to keep Rangers running until the club exits administration.

That is to say, if the watered down CVA he has presented to creditors with its tiny pot of money, which could be cut to just over a measly million, is accepted by those who are owed money by Rangers. Including the Revenue.

And that is why the statements by two Rangers supporters groups' leaders, urging fans not to buy season tickets have been vital in the fight to save Rangers.

John Macmillan, the General Secretary of the official Rangers Supporters Association has joined Andy Kerr from the Assembly, in issuing a clarion call to Ibrox followers not to hand over their hard earned money to Charles Green, until they know where it is going and who he has got backing him.

Supporters are now sussing out Charles Green and seeing through his shadowy wheeling and dealing.

He is the emperor with no clothes. Or at least, only one suit.

Rangers fans are also now counting the mounting tally of lies he has spouted since he first burst on the scene from out of nowhere to be given the immediate approval of controversial and under investigation administrators, Duff and Phelps.

That Duff and Phelps backing, in itself, was enough to start the first peel of alarm bells ringing.

There then came the Charles Green statement that he had a world wide consortium of 20 investors lined up.

Rubbish!

We don't even know if he has the five or six he is said by some sources to have signed sealed and delivered. Delivered funding, that is.

My belief is that's rubbish too.

Charles Green also said that he had access to £20M funding.

Rubbish!

The CVA proposals had to be delayed for four days as Charles Green scrambled frantically to raise more than the measly £1M which was all he had in the pot on the day he had originally been due to send out those CVA proposals.

Charles Green also said his plans meant Rangers would emerge from administration debt free.

Rubbish!

At best, Charles Green may have access to £8.3M.

But that will be loaned to Rangers. With interest.

Therefore, if his CVA plan is accepted, Rangers will emerge from administration owing Charles Green a staggering £13.3M

That's not far away from the sum Rangers were in debt to Lloyds when the Bank forced David Murray to sell out Rangers to Craig Whyte just so they could get their money back in a lump sum.

Therefore, Rangers supporters must balance the numerous lies Charles Green has told them, against the risk of paying out their hard earned money, cash that could be used for their families.

Cash that will not go to Rangers!

The questions Rangers supporters have to ask themselves are simple.

Why should I trust Charles Green?

Why should I invest my money, my family's money, not in Rangers, but in Charles Green?

Just who are Charles Green's investors?

As far as those investors are concerned, we now know for certain that Charles Green has turned in desperation to the man who brokered Fergus McCann's takeover of Celtic, self confessed unreconstructed Celtic fan, David Low, in an unseemly last ditch scramble to find money.

We also know that within days of the first meeting between David Low and Charles Green, Green had the first of at least three meetings with Douglas Park.

What we also know is that despite Charles Green's pleas for him to invest what David Low called "Blue Money," Douglas Park has not handed over one thin dime to Charles Green.

Those who had been willing to give Charles Green the benefit of the doubt now see this as something which has badly undermined what little confidence there is in Charles Green.

For Park is well known to be a shrewd and careful business investor. His lack of enthusiasm for Charles Green speaks volumes to many.

Then there is what I believe to be the continued involvement of David Low, who is still, I am told, scratching around to find some "Blue Money" to increase Charles Green's pitiful pot.

It would not surprise me in the least if the name of another businessman to be approached by David Low on behalf of Charles Green emerges in the next day or two.

And if it turned out that he too has snubbed the approach.

Charles Green is under pressure. Big time. And despite having had assurances from Duff and Phelps, who are under investigation and whose senior partner, David Grier played a big part in the sell out of Rangers by David Murray to Craig Whyte, sensible Rangers supporters remain a long way short of being convinced Charles Green has got the money needed to keep Rangers running for the next six weeks.

And that doubt, that uncertainty, is Charles Green's Achilles Heel.

Edited by Claymores
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Aye think about .. if the players transfer before he officially takes over .. any fee doesn't belong to them it goes to the club and creditors.

Fraudulent is the word springs to mind.

But you have a laugh at the guy who wrote it .. after all it's only your club.

:lol: :lol: :lol:

Well i suppose Paul McConville would know all about that :lol: :lol: :lol:

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You see, for me it's really important, which is why I brought it up a couple of pages back.

They're currently in trouble, pretty much for what's happened in the last year. However, it seems likely that even bigger crimes happened beforehand.

A big part of any Newco debate concerns whether they keep their history. I think it's really important that their already grubby history is suitably sullied by what they're alleged to have been up to in the last decade.

Of course, they'll still have won more than anybody else, but if 2nd contracts are proved to have been in operation, I see the removal of titles as an important declaration that they cheated.

I wouldn't remove them - i'd keep them in place and have a massive asterisk and the word CHEAT alongside the list of trophies that they have stolen.

Whatever way this pans out, they won't be known as The Gers, The Teddy Bears, The Sons of William or even The Buns, they will forever be nicknamed 'The Cheats'.

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Whatever way this pans out, they won't be known as The Gers, The Teddy Bears, The Sons of William or even The Buns, they will forever be nicknamed 'The Cheats'.

No. The Cheats will always be Dundee FC.

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I know we're all waiting for that ever-fraying thread holding the Sword of Damocles to finally part, and then the subsequent heavyweight book of the Rise and Fall of the Anti-Roman Empire. Might I suggest, if that's not a good enough title, in the spirit of financial jokery, The Currant Account?

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No. The Cheats will always be Dundee FC.

The cheating on show from Rangers eclipses anything on show from Dundee.

It really is ridiculous to see their management and players come out with statements about next season when they're on the verge of extinction. To be expected from such orcs though...

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....Posted by Paul McConville :lol: :lol: :lol:

Agree with you No8 for once. If it comes from McConville it is logically thought through and invariably he comes up with sound conclusions. Excellent work considering he has limited information from the data room, competing with attempts to create bluster and confusion from other sources.

It is just a shame some of your fellow Rangers supporters still can't see past their blind bigotry. And remember that pathetic (father of a fraudster) Sandy Jardine complained about the SFA panel 'not being football people' ( a code for being ex Rangers players). laugh.gif Just typical of the silly but dangerous nonsense.

But of course you are clever enough to see through that nonsense.

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Greenie for that ..

If Rangers fans had spent less time slagging people off and listening .. they may have organised themselves and put together a real fund. After all with their 'massive worldwide support' it would have not been too difficult. Let's say a minimum of 100,000 fans would have been only an average of £100 to raise £10 million which they could of 'ahem loaned' to Rankers ...

The reality is of course they spent too much time 'squabbling and denying' there was a problem rather than investigate for themselves and take action.

BLOODY FANTASTIC !!!!

Edited by Wokcomble
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Greenie for that ..

If Rangers fans had spent less time slagging people off and listening .. they may have organised themselves and put together a real fund. After all with their 'massive worldwide support' it would have not been too difficult. Let's say a minimum of 100,000 fans would have been only an average of £100 to raise £10 million which they could of 'ahem loaned' to Rankers ...

The reality is of course they spent too much time 'squabbling and denying' there was a problem rather than investigate for themselves and take action.

BLOODY FANTASTIC !!!!

Yup, the guys I know in the pub who 'support' the buns are doing hee-haw.

All I see is x x x x x L bun tops walking around with that blank look on their faces (yes, you know the expression I'm talking about).

Fans of the so-called smaller clubs, our own 'Save the Ton', the 'Save the Jags' and the 'Back the Bankies' campaigns amongst others fought tooth and nail to save their clubs and showed what it's like to TRULY SUPPORT their club.

Tick-Tock

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How about the BTC then - Big Time Cheats?

Why just not call them c***s ?

Charles Green and his sham CVA will be found out, he's going round with the begging bowl just now to buy the club, how's he going to run it ? Answer : He's not, the loan agreement with funds being able to be drawn down in July was purely a delaying tactic, it's not worth the paper it's written on. Another wide-o fly by night chancer, out to make a quick buck - it's great isn't it !

Player sales would've funded a CVA, they didn't need Charles Green, it all stinks wonderfully and anyone who doesn't think it's all too weird, weirder than a bottle of chips or a hip pocket on a shirt, needs their heads examined.

Just kill them, dissect them, gives us the reason for death and give us a laugh and let us all look out our dancing shoes.

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