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Big Rangers Administration/Liquidation Thread - All chat here!


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,also included was deferred income and accruals to various places which is of course for goods and services not yet received, it has to be declared as a liability for accounting purposes but it is definitely not a debt.

If you are somehow suggesting that goods and services already received somehow, magically, do not need to be paid for in the future, just because you haven't received an invoice yet you are clearly bonkers.

Whether it is 'debt' or a 'liability' is exactly my point. Total liabilities is what Rangers owed out in June 2010. Classifying some as 'debts' and others as 'liabilities' is completely irrelevant to the overall financial state of affairs.

The total debt stood at £27M which included the bank debt of £19M (£1M payable in a year), finance leases £4M and bank O/D and other minor loans of £4M which had fallen £4M from the previous year, the unaudited accounts for 2011 showed a further significant drop but I am not counting them due to being unaudited.

This number is irrelevant. The total is £66 million. Amounts that need to be paid out in the future. Where to or of what form is of absolutely no significance. Do you think the £2.2million figure for trade creditors is irrelevant? Should it be discarded just because it isn't a 'debt'? Or did Rangers owe that money? Of course they did. Just like everything else in the liabilities section.

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You really area c**t,aren't you. Wonder how No.8 will spin this pish out?

It's ok though, as none of your The Rangers supporting mates think wishing cancer on someone is low either.That about sums up your teams fans ,offended by everything,ashamed of nothing.

Think what you like, matey. That's my feelings towards Whyte, a true c unt who does not give a flying for the feeligs or hardship his actions caused thousands, neither you nor anyone else will change those feelings towards Whyte, it may be crass but when you have been one of his victims financially then comment, until then give it a rest. Neither 8 or any other Rangers fans on this forum has to spin anything, i'll reply for myself, hope that clarifies. Once again we see another who does not condemn Whyte for the damage he caused to thousands because the club and support who suffered most was Rangers, but hey have a go at someone for saying what he feels towards this fraudster.

I'll tell you what, i'll withdraw the cancer jibe when you and many others on here condemn this man as the c unt and criminal he is and who was intent on destroying the finances of many people through his and others conspiracy to de-fraud for millions irrespective of how you feel towards the club and support.

Edited by youngsy
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Think what you like, matey. That's my feelings towards Whyte, a true c unt who does not give a flying for the feeligs or hardship his actions caused thousands, neither you nor anyone else will change those feelings towards Whyte, it may be crass but when you have been one of his victims financially then comment, until then give it a rest. Neither 8 or any other Rangers fans on this forum has to spin anything, i'll reply for myself, hope that clarifies. Once again we see another who does not condemn Whyte for the damage he caused to thousands because the club and support who suffered most was Rangers, but hey have a go at someone for saying what he feels towards this fraudster.

I'll tell you what, i'll withdraw the cancer jibe when you and many others on here condemn this man as the c unt and criminal he is and who was intent on destroying the finances of many people through his and others conspiracy to de-fraud for millions irrespective of how you feel towards the club and support.

'Rangers suffered....'

........Ken suanters off to fetch his tiny violin.......

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I'll tell you what, i'll withdraw the cancer jibe when you and many others on here condemn this man as the c unt and criminal he is and who was intent on destroying the finances of many people through his and others conspiracy to de-fraud for millions irrespective of how you feel towards the club and support.

I agree, he is. That's what made him the perfect candidate to take over your old, deceased, cheating club.

For £1 :thumsup2

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Still can't believe that Whyte is getting the brunt of the abuse over the whole debacle.

Murray done far more damage and Green has left it far harder to sort out. Whyte was just a chancer on the make who got shafted by McCoists lack of managerial ability.

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Think what you like, matey. That's my feelings towards Whyte, a true c unt who does not give a flying for the feeligs or hardship his actions caused thousands, neither you nor anyone else will change those feelings towards Whyte, it may be crass but when you have been one of his victims financially then comment, until then give it a rest. Neither 8 or any other Rangers fans on this forum has to spin anything, i'll reply for myself, hope that clarifies. Once again we see another who does not condemn Whyte for the damage he caused to thousands because the club and support who suffered most was Rangers, but hey have a go at someone for saying what he feels towards this fraudster.

I'll tell you what, i'll withdraw the cancer jibe when you and many others on here condemn this man as the c unt and criminal he is and who was intent on destroying the finances of many people through his and others conspiracy to de-fraud for millions irrespective of how you feel towards the club and support.

We condemned him as a c unt and criminal when he took over. No-one wanted to listen then and I'm willing to bet you won't listen now. Just a word of warning though. Self pity is like a drug and can rapidly lead to depression. While I wouldn't piss on you if you were on fire I wouldn't wish an illness on anyone.

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Still can't believe that Whyte is getting the brunt of the abuse over the whole debacle.

Murray done far more damage and Green has left it far harder to sort out. Whyte was just a chancer on the make who got shafted by McCoists lack of managerial ability.

In no way am i defending Murray but how the fucking hell did Murray do more damage than Whyte? Murray may well have been the root cause but Whyte and his co-conspirators had this lined up for a fraudulent takeover, knowing full well that admin and liquidation was their aim, in order to rid themselves of all debt, the EBT case being the main one, and then sit back after the assets were purchased, intent on making millions for themselves, not the club.

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We condemned him as a c unt and criminal when he took over. No-one wanted to listen then and I'm willing to bet you won't listen now. Just a word of warning though. Self pity is like a drug and can rapidly lead to depression. While I wouldn't piss on you if you were on fire I wouldn't wish an illness on anyone.

Oh please, do me a favour, go bother someone who's interested in your opinion, because i'm not.

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Still can't believe that Whyte is getting the brunt of the abuse over the whole debacle.

Murray done far more damage and Green has left it far harder to sort out. Whyte was just a chancer on the make who got shafted by McCoists lack of managerial ability.

A couple of days ago, I likened the Horde to a bunch of cats in a sack, blindly thrashing around to find someone to blame.

Well, youngsy has obviously found the focus for his hatred. Never mind due process, or waiting until the full facts are known, or that Whyte, at the time, was acting on behalf of rangers - Whyte single-handedly destroyed rangers, so cancer it is. Obviously fair enough in youngsy's view.

The only positive I can see from this is that the poster concerned, in common with many of the more "traditional" supporters, is getting on a bit, so this kind of mindset may eventually disappear through natural wastage. The rest of us just have to be patient.

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In no way am i defending Murray but how the fucking hell did Murray do more damage than Whyte? Murray may well have been the root cause but Whyte and his co-conspirators had this lined up for a fraudulent takeover, knowing full well that admin and liquidation was their aim, in order to rid themselves of all debt, the EBT case being the main one, and then sit back after the assets were purchased, intent on making millions for themselves, not the club.

Had Murray not gone with his "Tenner for every fiver" soundbites, stayed away from dodgy payment vehicles, and run the club in a sensible manner, nothing that followed would have happened. He'd have had plenty of folk willing to buy the club and not just the shysters and con men who were willing to take the flak that would follow what was obviously going to happen in order to make a buck.

Murray is the reason the club were unsellable, he is the reason that Whyte got involved, and he is the reason that Whyte was able to do what he done.

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In no way am i defending Murray but how the fucking hell did Murray do more damage than Whyte? Murray may well have been the root cause but Whyte and his co-conspirators had this lined up for a fraudulent takeover, knowing full well that admin and liquidation was their aim, in order to rid themselves of all debt, the EBT case being the main one, and then sit back after the assets were purchased, intent on making millions for themselves, not the club.

surely you were always going to win the BTC?

The hindsight triumphalism indicates that was what the rangers support thought all along and that they were not totally gobsmacked when (parts of) the verdict went in their favour.

that verdict is still being appealed, of course.

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And no doubt you'll have first class experience of being described as bitter and twisted for your opinions.

Indeed I have - I've also got enough cojones to defend those opinions.

So - cancer, then. Appropriate karmic punishment for financial wrongdoing? Do explain, I'm all ears.

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Had Murray not gone with his "Tenner for every fiver" soundbites, stayed away from dodgy payment vehicles, and run the club in a sensible manner, nothing that followed would have happened. He'd have had plenty of folk willing to buy the club and not just the shysters and con men who were willing to take the flak that would follow what was obviously going to happen in order to make a buck.

Murray is the reason the club were unsellable, he is the reason that Whyte got involved, and he is the reason that Whyte was able to do what he done.

We all know that Murray very much overspent and pulled the club into massive financial difficulties but this was a criminal conspiracy initiated by Whyte, certainly Murray's financial actions opened the doors for such a fraud happening but nevertheless the people who are responsible for the liquidation are those implicated in the fraud, there may well be others, we will wait and see on that.

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We condemned him as a c unt and criminal when he took over. No-one wanted to listen then and I'm willing to bet you won't listen now. Just a word of warning though. Self pity is like a drug and can rapidly lead to depression. While I wouldn't piss on you if you were on fire I wouldn't wish an illness on anyone.

No need, the club he loved pissed on him for quite sometime, and i don't think he was even on fire.

That has got to sting a bit huh.

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surely you were always going to win the BTC?

The hindsight triumphalism indicates that was what the rangers support thought all along and that they were not totally gobsmacked when (parts of) the verdict went in their favour.

that verdict is still being appealed, of course.

That would be the verdict on those cases which rangers weren't already found liable. of course, Ken. A bit like the "transfer ban" and all those other punishments, I'd suggest that hindsight has taken a back-seat to revisionism for a lot of these fuckwits - see some of the historic posts from the likes of Tedi and youngsy which are providing regular chuckles at the moment.

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I'll tell you what, i'll withdraw the cancer jibe when you and many others on here condemn this man as the c unt and criminal he is and who was intent on destroying the finances of many people through his and others conspiracy to de-fraud for millions irrespective of how you feel towards the club and support.

Never!

Long live Sir Craig of Whyte! :thumsup2

Hearts-v-Rangers-Craig-Whyte-pa_2669262.

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