debear 603 Posted February 21, 2012 Share Posted February 21, 2012 DUFF and Phelps, Administrators of Rangers Football Club, today issued the following statement.David Whitehouse, joint administrator, said: "Since being appointed administrators last week there has been widespread concern raised with us, not least by Rangers supporters and season ticket holders, about the agreement between the Club and Ticketus."Following information received, it is now apparent that the proceeds from the Ticketus arrangements amounted initially to a sum in the region of £20 million plus VAT. Subsequently, £18 million was transferred to the Lloyds Banking Group."The application of the remainder of these proceeds is subject to further examination."We are now investigating all the circumstances surrounding both the purchase of the majority shareholding in Rangers Football Club plc and the flow of funds which stemmed from the transaction and were intended to fulfil the purchasers' obligations at the time of the sale."We cannot comment further on these matters while enquiries continue." Quote Link to post Share on other sites More sharing options...
Clemdog 39,389 Posted February 21, 2012 Share Posted February 21, 2012 I actually can't believe him.Fucking brass neck, cunt. Quote Link to post Share on other sites More sharing options...
whitey126 42 Posted February 21, 2012 Share Posted February 21, 2012 "Following information received, it is now apparent that the proceeds from the Ticketus arrangements amounted initially to a sum in the region of £20 million plus VAT. Subsequently, £18 million was transferred to the Lloyds Banking Group.IE the debt that Whyte inherited when he bought the club? The debt which he apparently paid off/moved onto another one of his companys? Quote Link to post Share on other sites More sharing options...
The Godfather 71,878 Posted February 21, 2012 Share Posted February 21, 2012 It's like the storyline from a soap opera. What comes next? Quote Link to post Share on other sites More sharing options...
markybear 136 Posted February 21, 2012 Share Posted February 21, 2012 Whytes a fucking dead man ! Quote Link to post Share on other sites More sharing options...
Columbo 588 Posted February 21, 2012 Share Posted February 21, 2012 So he paid off the debt with the ticketus money which is something he has consistently denied.More grim news Quote Link to post Share on other sites More sharing options...
Agoram1 42 Posted February 21, 2012 Share Posted February 21, 2012 So it's been conformed he bought us using the ticketus money. I had given whyte the benefit of the doubt but now this has been confirmed I hope he is nowhere near our club again. He has got some balls to do something like this! Quote Link to post Share on other sites More sharing options...
FirrhillLoyal 318 Posted February 21, 2012 Share Posted February 21, 2012 Fuck sake. Quote Link to post Share on other sites More sharing options...
Mikhailichenko 90 Posted February 21, 2012 Share Posted February 21, 2012 So that confirms it. However it will remain to be seen what security over our tickets that Ticketus actually have. If Whyte is to be believed they don't have any. Quote Link to post Share on other sites More sharing options...
MrSifter 181 Posted February 21, 2012 Share Posted February 21, 2012 Whytes a fucking dead man !Aren't we all? It's unavoidable. Quote Link to post Share on other sites More sharing options...
The Godfather 71,878 Posted February 21, 2012 Share Posted February 21, 2012 IE the debt that Whyte inherited when he bought the club? The debt which he apparently paid off/moved onto another one of his companys?Basically he funded the takeover of the club with 3 years of season ticket money.The £1 was all his though....so the story goes. Quote Link to post Share on other sites More sharing options...
Columbo 588 Posted February 21, 2012 Share Posted February 21, 2012 Basically he funded the takeover of the club with 3 years of season ticket money.The £1 was all his though....so the story goes.He probably stole the quid from a charity box judging by his character Quote Link to post Share on other sites More sharing options...
rossDas 1,071 Posted February 21, 2012 Share Posted February 21, 2012 Is this the smoking gun then? Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted February 21, 2012 Share Posted February 21, 2012 And so it continues...... Quote Link to post Share on other sites More sharing options...
Agoram1 42 Posted February 21, 2012 Share Posted February 21, 2012 So that confirms it. However it will remain to be seen what security over our tickets that Ticketus actually have. If Whyte is to be believed they don't have any. That's the thing. He has been proven to be a liar time and time again. Wots to say he isn't lying about that?? Quote Link to post Share on other sites More sharing options...
allistera 10 Posted February 21, 2012 Share Posted February 21, 2012 Who wants to bet that the other 2 million went into revamping the stadium? He has put FUCK ALL into the club. Quote Link to post Share on other sites More sharing options...
whitey126 42 Posted February 21, 2012 Share Posted February 21, 2012 I had given whyte the benefit of the doubt but now this has been confirmed I hope he is nowhere near our club again. I was the same, but not after this. Think this will be the final nail in the coffin for Whyte for the vast majority - if not all - of the support.A fucking disgrace Quote Link to post Share on other sites More sharing options...
BlueCafu 3 Posted February 21, 2012 Share Posted February 21, 2012 Can someone sum the statement up in an easier to understand way? Quote Link to post Share on other sites More sharing options...
Weird_Beard 99 Posted February 21, 2012 Share Posted February 21, 2012 So this was the real reason for the Craig Whyte statement. I literally feel sick. I suspected it all along but and clung on to all hope banded about this forum, but, I literally feel sick now. Quote Link to post Share on other sites More sharing options...
Mikhailichenko 90 Posted February 21, 2012 Share Posted February 21, 2012 That's the thing. He has been proven to be a liar time and time again. Wots to say he isn't lying about that??The Administrators should get to the bottom of this pretty quick then we will know for sure. I'm not sure which scenario suits us best. If Whyte has the liability could he in turn pass this onto Rangers further increasing his percentage as a creditor. Ach I don't know my brains pickled with all this. Quote Link to post Share on other sites More sharing options...
Shetland 76 Posted February 21, 2012 Share Posted February 21, 2012 So that confirms it. However it will remain to be seen what security over our tickets that Ticketus actually have. If Whyte is to be believed they don't have any. Pretty sure a lot of us made the mistake of believing him The ticket money is probably held over Ibrox or something ridiculous.. Quote Link to post Share on other sites More sharing options...
54andcounting 627 Posted February 21, 2012 Share Posted February 21, 2012 So my ST money is used to buy my club, it then is put in to administration, docked 10 points, lose the league, spend the rest of my life being humiliated by tims, some fucking deal. Quote Link to post Share on other sites More sharing options...
debear 603 Posted February 21, 2012 Author Share Posted February 21, 2012 Can someone sum the statement up in an easier to understand way?Craig Whyte bought the club using Ticketus money.And is a lying cunt. Quote Link to post Share on other sites More sharing options...
Dietspam 733 Posted February 21, 2012 Share Posted February 21, 2012 And i get the feeling that this is not the end of the rabbit hole. This guy has more skeletons in the closet. Quote Link to post Share on other sites More sharing options...
markybear 136 Posted February 21, 2012 Share Posted February 21, 2012 Aren't we all? It's unavoidable.Yes, but sooner than would be considered natural Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.