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spangles

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Everything posted by spangles

  1. Where we gaun, dae a need tae buy a new hat... :lol:
  2. fuk me! pissless pots, nominees, wheelbarrows wi' nae wheel. money no tae burn, dodgy car parks, Armageddon in the board room, divide and conquer... dude...
  3. I wouldn't trust you as far as I could throw you, to the last taig site you were enjoying visiting..... quisling...
  4. You aint got the brains to make a point, hence your rocketry..
  5. Unfortunately there may be a further delay until the AGM and the Chairman's address. an address as to further restructuring. You may take restructuring whichever way you like or see fit.
  6. You will have to address that to SDM, seems it's his "idea" and we know how enforceable they are.
  7. Under an obligation to whom and by whom did Wavetower-goodbye transfer this "obligation" along with everything else to "the new Wavetower-goodbye" aka...The Rangers FC Group Ltd. Perhaps our leader out of the kindness of his heart has given us free gratis debt release, the sort of thing vulture capitalists do every day of the week More importantly who does our debt now belong to, and what is the security covering that debt. I digress we are of course debt free.. For a deal with an overling pot to the sum of £1...lots of very loose ends need nailing down and double tied..
  8. I am reminded as to why the expression "wind and piss" is applicable, every time I see one of your erudite posts,... :lol:
  9. Accuracy at all times, not your strong point, still you will go downhill with age...
  10. The holding company for whytes untold zillions is not registered in the UK. Accuracy at all times.... you know it is the way to go..
  11. We are owned (allegedly) ultimately by an offshore entity, Liberty Capital, which is registered in the BVI, at a rusty hinged post box. The holding company for whytes untold zillions is not registered in the UK. The smart money is on whyte taking Rangers private, by that time who knows what we as a club will own, the Albion is hint that people who should know better are seemingly ignoring. But what do I know the experts say that despite the name change and shifting of shares Wavetower-goodbye are still really the owners of our great club, laugh I nearly cried at the experts insight...
  12. As title. SUSPENDED Rangers chief exeucitve Martin Bain has threatened to sue the club after allegations of "financial irregularities" were made as new owner Craig Whyte sacked two board members and suspended two more. Whyte sacked chairman Alastair Johnston and fellow director and rival bidder for the club Paul Murray. http://www.<No links to this website>/2011/05/25/suspended-rangers-boss-martin-bain-threatens-to-sue-over-financial-irregularities-claim-86908-23155033/
  13. And with that he was gone, Tom English: Self-styled No1 fan still the one who won't talk the talk Published Date: 25 May 2011 By Tom English EVEN before Craig Whyte removed him from the board on Monday evening, Alastair Johnston had a deep-seated suspicion about the new owner of Rangers. We can only guess how he is feeling now. There must have been considerable animus in the air the other night. Johnston, we can only assume, must have been furious. It was no surprise that Johnston spoke yesterday. As far as valedictory speeches go, though, his was a let-down. This was his chance to go nuclear in his war against Whyte, his opportunity to put meat on the bones of all those things he has been hint ing at for a while now, all these comments he's made about Whyte maybe not being the right person to take Rangers forward, all that questioning of his motivation and his money. If Johnston had damaging information about Whyte, yesterday, in the hour of the former chairman's humiliation, was the time to produce it in one heavyweight interview. But he produced nothing bar more of the same. The same old generalisations expressed in the manner of the drama queen. "He needs to walk the walk and not just talk the talk," said Johnston. Funny, that. Some would argue that, when Whyte gave Lloyds Banking Group £18m, that was a fairly clear signal that he wasn't just a mouth almighty. We'll all see soon enough how he meets his promise of significant investment in the transfer market, but the £18m has already changed hands. It's done. Lloyds are virtually off Rangers' back. But Johnston seems to give Whyte no credit for that, which is odd because, until Whyte turned up, that's all Johnston seemed to be banging on about - the debt, the bank and the damage done. Rangers people will recall that when Johnston took over as chairman his stated ambition was to find an owner for the club. He spoke about it at length. He wanted to rid Rangers of debt by finding somebody among his fabulously-wealthy milieu who would buy the thing from Sir David Murray. Johnston found nobody. His great contribution to the ownership debate has been to try and scupper things. If he has had substantial misgivings about Whyte, he has not really elaborated on them. If he sees something hair-raising in Whyte's plan for the club he has not said what it is. Who's talking the talk and walking the walk in this story? All he said is that he wonders if Whyte has the money he says he has, while ignoring the fact that Whyte has already handed over £18m to get Rangers out of the financial pit that they were in. Johnston saw trouble in the Whyte proposal and yet he was apparently content with the flim-flam of Paul Murray's "bid". And yesterday we heard some pearlers from him. You could almost hear the cattiness in his voice when he spoke (yet again, just in case we missed it before) of his lifelong devotion to Rangers. tom english, whyte/murrayite angling for traynor's succulent lamb position...?????
  14. We already have a new managing director/CEO responsible for the day to day running of the club, he owns it, allegedly.
  15. Because Minty wouldn't let him..simples..
  16. Andrew Ellis ? allegedly mister 25% of mister 85%..
  17. Have you ever heard of.... Global Sports Management. http://webcache.googleusercontent.com/search?q=cache:-euszxC-Dk0J:test.globalsportsmanagement.co.uk/team+andrew+ellis+sports+agency&cd=1&hl=en&ct=clnk&gl=uk&source=www.google.co.uk
  18. But we do know he is Concerned with a capital C, about murderwell supporters ...you know the rest..
  19. Whyte is removing any no matter how innefective, safeguards that the fans would have had on the board. It's a new dictatorship... believe it.
  20. A big is going to be bought for £1...... can you guess who is going to be invited to piss in it.... ps....... £1 crops up in Countryliner Group too.
  21. Fuck me! care in the community has escaped from its lunchbox... Where the fuck do these mentalists come from... :lol:
  22. So, if the bank was running the club with a rod of iron.....who is responsible for missing alleged financial irregularities The more I see what is going on here, the more I am reminded of Country Liner Group. Rangers Football Club Plc Statement re purchase of shares by Wavetower Li... The Rangers Football Club plc (the `Company') Holding in Company Information on Wavetower Further information on the Acquisition and Strategy Dispensation from obligations under Rule 9 of the Takeover Code to make a general offer in cash Appointment of Directors Resignation of Directors Holding in Company The Company announces that it has been informed that Wavetower Limited (`Wavetower') has an interest over 92,842,388 ordinary shares in the Company, representing approximately 85.3 per cent. of the Company's issued share capital. Wavetower acquired its interest in the Company (the `Acquisition') from Murray MHL Limited (the `Vendor'). The Company's issued share capital comprises 108,791,499 ordinary shares of 10p each. Information on Wavetower Wavetower is a newly incorporated company formed for the purpose of the Acquisition. The directors of Wavetower are Craig Whyte and Phil Betts, all of whom have been appointed directors of the Company. Further details on Craig Whyte and Phil Betts are set out below (see `Appointment of Directors'). Further information on the Acquisition and Strategy Pursuant to an agreement made between Wavetower and the Vendor, Wavetower has agreed to provide £5 million for investment in the playing squad together with further money available for the infrastructure of the stadium and working capital. In addition, Wavetower has stated its intention to invest a further £ 20 million over a four year period. Wavetower has also committed to maintain the Company's PLUS Markets listing. Craig Whyte, stated "After more than six months of negotiations, I am delighted to confirm that agreement has been reached between myself, Sir David Murray and Rangers FC, and that Wavetower now holds the controlling stake in Rangers. `As a keen Rangers supporter, the directors and I now look forward to helping the club secure its future as a leading force in Scottish and European football. 'My pledge to the manager, his backroom team, the players and, most importantly, the loyal supporters that I'll do all I can to ensure further success in the weeks, months and years to come. `Rangers is a great club with a great future. It has the best supporters in the world and I will do all can to protect and enhance the club's standing going forward" Dispensation from obligations under Rule 9 of the Takeover Code to make a general offer in cash Under Rule 9 of the Takeover Code, if any person acquires an interest in shares which, when taken together with shares in which he and persons acting in concert with him are already interested, carry 30 per cent. or more of the voting rights of a company which is subject to the Code, that person is normally required to make a general offer in cash to all shareholders in the company at the highest price paid by him, or any person acting in concert with him, for an interest in such shares within the preceding 12 months. As a consequence of the consideration for the Acquisition being £1, and following consultation with the Company and its financial adviser, Noble Grossart Limited, the Panel has waived the obligation under Rule 9 for Wavetower to make a general offer in cash to all shareholders. As a condition of this dispensation, Wavetower is required to send to shareholders, no later than 16 May 2011, a circular providing further details on Wavetower and further disclosure in relation to the terms of the acquisition. Appointment of Directors The Company announces that Craig Whyte and Phil Betts have been appointed as directors of the Company with immediate effect. Craig Whyte Craig is a Scottish entrepreneur and investor born in Motherwell in 1971. Craig has built his career on his expertise as a turnaround specialist financing and managing established businesses experiencing cashflow difficulties. He is founder and chief executive of Liberty Capital which currently has investments across several market sectors including technology, financial services, ticketing and commodities trading, with operations in the UK, the Netherlands, Switzerland and France. He also holds interests in a large number of other companies specialising in areas such as finance, corporate recovery, investment and stockbroking. Current Directorships: Directorships in last 5 years: Cairnwell Investments Limited Countryliner Group Limited Merchant Corporate Recovery Plc LM Logistics Group Limited^ Merchant Interactive Limited Merchant House Financial Services Merchant Strategic Renewal Plc Limited Tixway UK Limited Merchant Turnaround Plc Zemfill Plc Phil Betts, Finance Director Phil, aged 48, has over 30 years' experience in the banking and finance industry with particular expertise in asset finance. He started his career with Midland Bank before moving to Royscot Trust Plc as a hire purchase and leasing specialist, arranging funding facilities for SMEs across a number of different industries. Phil then moved to Fraser Russell chartered accountants (now Baker Tilly) as their in-house asset finance specialist advising clients on fixed asset purchases and suitable funding mechanisms. In 2005, Phil formed Primary Asset Finance LLP, which specialises in refinancing and restructuring companies, and has helped many businesses to raise funding and worked closely with them to support their turnaround. Current Directorships: Directorships in last 5 years: Countryliner Group Limited Countryside & Suburban Ltd Merchant House Finance Limited LM Logistics Group Ltd^ Merchant Turnaround Plc Obsideo Investments Limited Primary Asset Finance LLP ^ On 18 August 2010 an administrator was appointed to LM Logistics Group Ltd, Craig Whyte and Phil Betts were directors of the company within the year prior to appointment. The deficit to creditors was estimated at £3 million although the administration is continuing. No further disclosure pursuant to Rule 71 and paragraph 18 of Appendix 1 of the PLUS Rules is required in relation to the appointment of directors. Resignation of Directors Michael McGill, and Donald Muir have each resigned as directors of the Company with immediate effect. Alastair Johnston has confirmed that he will resign as director and Chairman of the Company on 16 May 2011. The directors of The Rangers Football Club plc, accept responsibility for the information contained in this announcement and, to the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case) the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. Noble Grossart Limited is acting exclusively for The Rangers Football Club plc and no-one else in connection with the Acquisition, and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Noble Grossart Limited or for providing advice in relation to the Acquisition.
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