ibroxgers25 18 Posted May 6, 2011 Share Posted May 6, 2011 dont think i ever been soo happy for this to be over lol Link to post Share on other sites More sharing options...
crombie1873 142 Posted May 6, 2011 Share Posted May 6, 2011 http://news.bbc.co.uk/sport1/hi/football/13292829.stmSo it's done? Just needing to be checked over and signed by an independent takeover panel which will surely just read it over and sign it being late on a Friday i'm sure they just want to get home for a pint! Link to post Share on other sites More sharing options...
Sasa_Papac_No1_Fan 605 Posted May 6, 2011 Share Posted May 6, 2011 Link to post Share on other sites More sharing options...
SteveJ 743 Posted May 6, 2011 Share Posted May 6, 2011 Documents have been signed that should allow the ownership of Rangers to be transferred from Sir David Murray to Craig Whyte.And, with the paperwork now being checked by the independent Takeover Panel, the deal could be approved by midnight on Friday.The parties involved had worked through the night to try to finalise details.Whyte arrived in Edinburgh on Thursday morning, hoping to conclude the purchase of Murray's shares.However, "technical issues" further delayed the completion of a takeover, which has already rumbled on for six months.Motherwell-born Whyte has agreed terms with Murray to buy his 85% share in the club and to pay off Rangers' £22m debt.Rangers chairman Alastair Johnston had told BBC Scotland on Thursday afternoon that he expected Whyte to complete his proposed takeover of the club within 24 hours.Whyte, a London-based venture capitalist, has been negotiating with Rangers since mid-November but has been in Scotland's capital in an attempt to finally conclude the deal.Continue reading the main story I'm confident that the efforts of the board have improved the deal significantly for the benefit of the clubAlastair Johnston Rangers chairmanJohnston, who confirmed that he is to stand down as chairman later this month, insisted he had no regrets about raising concerns over the deal.He is part of an independent sub-committee of board members that questioned Whyte's long-term plans for the Ibrox club.On 19 April, Johnston released a statement casting doubts about the level of investment coming from Whyte and asking for time to consider an alternative.A week later, Johnston made something of a U-turn, saying: "The committee are now much closer to viewing Craig Whyte's bid as the right one for Rangers."And now the committee, who only ever had limited powers to delay the deal, no longer stand in the way."A great deal of work has been done by the board and I'm very proud of that," said Johnston."I'm confident that the efforts of the board have improved the deal significantly for the benefit of the club."Our views will come out in the future and I'm comfortable with that, but I don't want to stand in the way of progress."I will resign as intended on 16 May but will be working hard until then to make sure Rangers secure the SPL title."After that, I will go back to being the club's number one fan."One of Whyte's early promises was to provide £25m over five seasons towards strengthening the playing squad.However, a source close to the negotiations told BBC Scotland in early April that the businessman had decided to make available "significantly more" than the average sum of £5m-a-season to Ally McCoist when he succeeds current manager Walter Smith at the start of next term.The terms of the proposed takeover will see Murray receive £6m, the amount he paid to take over at Ibrox in 1988.http://news.bbc.co.uk/sport1/hi/football/13292829.stm Link to post Share on other sites More sharing options...
Rab_Rangers 38 Posted May 6, 2011 Share Posted May 6, 2011 :21: Link to post Share on other sites More sharing options...
ekrfc87 6 Posted May 6, 2011 Share Posted May 6, 2011 I want it over so I can get my life back. Arguments with the Gf all the time cause am on checking this every 5 mins. Don't know what il do with my days now lol Link to post Share on other sites More sharing options...
jdocherty72 215 Posted May 6, 2011 Share Posted May 6, 2011 GIRFUY NEIL LENNON YAAAA WANK! Link to post Share on other sites More sharing options...
papaguy51 912 Posted May 6, 2011 Share Posted May 6, 2011 This is taking so long that I have baw ache. Link to post Share on other sites More sharing options...
krissg910 110 Posted May 6, 2011 Share Posted May 6, 2011 I know I'm thick as pig shit, but why is there a need for a takeover panel? it's Murray's club and he's agreed the deal. Why don't they just shake and sign? call me old fashioned. Or is it a legality? is it some independent legal team that have to dot the i's and cross the t's?its to make sure that its all been done in accordance with the stock exchange rules and the paper work is legal ect ect ect Link to post Share on other sites More sharing options...
hooooootchy 405 Posted May 6, 2011 Share Posted May 6, 2011 ssn Live to ibrox later this hour . Link to post Share on other sites More sharing options...
David1872 21 Posted May 6, 2011 Share Posted May 6, 2011 SSN saying they are going live to Ibrox later this hour to talk about tommorows game.I think this could be when they announce it. Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 6, 2011 Share Posted May 6, 2011 You know all about being torn apart ... on this thread and many others. you have some opinion of your self. Link to post Share on other sites More sharing options...
photographystew 8 Posted May 6, 2011 Share Posted May 6, 2011 http://news.bbc.co.uk/sport1/hi/football/13292829.stmdoes this mean my beloved football team will be taking over while Im rattled in the pub?get in there!! Link to post Share on other sites More sharing options...
ibroxgers25 18 Posted May 6, 2011 Share Posted May 6, 2011 I want it over so I can get my life back. Arguments with the Gf all the time cause am on checking this every 5 mins. Don't know what il do with my days now lolsame mate dunno what i do now this is done lol Link to post Share on other sites More sharing options...
laudrupno1 3,932 Posted May 6, 2011 Share Posted May 6, 2011 Sportsound on BBC Radio ScotlandCraig Whyte and Sir David Murray have signed the deal to complete the takeover of Rangers - and it should be ratified by the Takeover panel this evening. Whyte has been in negotiations to buy Murray's 85% shareholding for months. The venture capitalist has promised to invest 25 million pounds in the squad over the next five years. Link to post Share on other sites More sharing options...
eastcoastbear 122 Posted May 6, 2011 Share Posted May 6, 2011 Fuck knows when the sport section will be on STV News, bloody election stuff! Link to post Share on other sites More sharing options...
thebooler 4,509 Posted May 6, 2011 Share Posted May 6, 2011 ♪♫ 5 minutes and you're almost there... ♫♪ or ♪ something better change ...♫♫so many apt Stranglers tracksone for the pessimists...♫ Nice 'n' Sleazy...♫♪Golden Son? Link to post Share on other sites More sharing options...
bombaybadboy08 15,660 Posted May 6, 2011 Share Posted May 6, 2011 Wonder how the tims are feeling... Link to post Share on other sites More sharing options...
aird 3,799 Posted May 6, 2011 Share Posted May 6, 2011 SSN are saying he's failed in his bid to takeover today Link to post Share on other sites More sharing options...
thebooler 4,509 Posted May 6, 2011 Share Posted May 6, 2011 I know I'm thick as pig shit, but why is there a need for a takeover panel? it's Murray's club and he's agreed the deal. Why don't they just shake and sign? call me old fashioned. Or is it a legality? is it some independent legal team that have to dot the i's and cross the t's?Somebody independent has tae check the pots, or rather that there's something in the pots. Link to post Share on other sites More sharing options...
hooooootchy 405 Posted May 6, 2011 Share Posted May 6, 2011 Shat myself there , the ssn guy said " craig whyte has failed in his attempt to buy rangers .................................................today" Link to post Share on other sites More sharing options...
David1872 21 Posted May 6, 2011 Share Posted May 6, 2011 SSN just said the Whyte has failed to buy the club today.I dont know what to believe. Link to post Share on other sites More sharing options...
1st_Jan_1994 4,868 Posted May 6, 2011 Share Posted May 6, 2011 SSN just said the Whyte has failed to buy the club today.I dont know what to believe.It just means it won't be approved before midnight, I'd imagine? Link to post Share on other sites More sharing options...
fiddyp 15 Posted May 6, 2011 Share Posted May 6, 2011 SSN just said the Whyte has failed to buy the club today.I dont know what to believe.I know. They get their stories wrong sometimes aswell. They got our debt levels wrong when the half yearly accounts were published. Have faith!! Link to post Share on other sites More sharing options...
SteveJ 743 Posted May 6, 2011 Share Posted May 6, 2011 SSN are saying he's failed in his bid to takeover today The fact that the takeover panel are looking at it this evening, means that it will be done tonight IF they see no issues, as they do not need the market open for the sale to be rubber stamped. The transfer of shares will have to wait until Monday but the announcement can be made tonight or tomorrow. Link to post Share on other sites More sharing options...
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