minnbear 30 Posted May 7, 2011 Share Posted May 7, 2011 As I have picked this up , Wavetower were set up by to handle buying the Gers. It is owned by Whtye with the guy he appointed to the our board a director in Wavetower. In the statement from the stock exchange where it said that Wavetower had bought Murrays' shares for a £1 it also said they had taken on the debt from Lloyds with an obligation to clear this debt. The £1 was in part a good will gesture from Murray but also the money that he would have got (£5 - £6 million) is being used to pay the £2.8 million tax bill that appeared with the rest of that money bieng added straight to the fund for players. The independant committee with AJ, Bain, Grieg, Mclellend and I forget the other guy are concerned about the HRMC tax case if we lose it. They don't know how Whyte will cover any loss but how the hell were they going to cover any cost? This was their major concern hence the statement.I am no financial whiz but this is what I think I have picked up from following this thread since November and what guys ( you know who you are )with more knowledge and sources (notice I said knowledge and not wisdom) than I (I have none) have posted. I know there are questions that need answered it and may go against the grain but can we not be positive for at least 48 hrs and enjoy this support the team in there 3 massive games, send of our legend of a manager in the style he deserves, welcome our legend of an ex player on his new post as the Main Man and as someone once said KEEP BELIEVING and I for one do believe the future will be Blue & Whyte. WATP Good post, I'm going to let the tarriers worry for a while. Link to post Share on other sites More sharing options...
Ace 3,556 Posted May 7, 2011 Share Posted May 7, 2011 Whyte & Bain sitting side by side at the game today.After Bain being a signatory of the statement released last night, that is odd ??? Link to post Share on other sites More sharing options...
stampyurie 203 Posted May 7, 2011 Share Posted May 7, 2011 Whyte & Bain sitting side by side at the game today.After Bain being a signatory of the statement released last night, that is odd ???Bains new job as whytes new tea boy Link to post Share on other sites More sharing options...
ricksen_da_best 2,034 Posted May 7, 2011 Share Posted May 7, 2011 Whyte & Bain sitting side by side at the game today.After Bain being a signatory of the statement released last night, that is odd ???Did Bain say anything publicly?AJ is making quotes, and Bain is being included in this " group " against whyte. Link to post Share on other sites More sharing options...
Ace 3,556 Posted May 7, 2011 Share Posted May 7, 2011 Did Bain say anything publicly?AJ is making quotes, and Bain is being included in this " group " against whyte.Bain was part on the Independent Committee who issued the statement criticising the Whyte takeover & questioning the funds & where they were coming from. Link to post Share on other sites More sharing options...
jdocherty72 215 Posted May 7, 2011 Share Posted May 7, 2011 Anyone got the link to the video about spangles? hahaha Link to post Share on other sites More sharing options...
MARK92GERS 807 Posted May 7, 2011 Share Posted May 7, 2011 Anyone got the link to the video about spangles? hahahaIm sure this is it mate hahaha funny as fuck Link to post Share on other sites More sharing options...
cornelius11 74 Posted May 7, 2011 Share Posted May 7, 2011 The lads at the Distillery hear about the takeover.. Link to post Share on other sites More sharing options...
Amac9 2,060 Posted May 7, 2011 Share Posted May 7, 2011 Craig Whyte has described attending Ibrox for the first time as Rangers owner on Saturday as 'a great day'.The businessman completed his £52.5m takeover of Rangers on Friday after more than six months of negotiations."It's a great day; very exciting. The main priority is to hopefully win the league," Whyte told BBC Scotland."We want to take the club forward and I think we have some very exciting times ahead."Whyte was arriving to watch Rangers' Scottish Premier League match at home against Hearts, which the Ibrox side went on to win 4-0.The 40-year-old opted to walk the last 100m to the main door of the stadium, as fans cheered and applauded.Whyte has pledged to give Ally McCoist, who will become the team manager at the end of the season, £25m over five years to strengthen his playing squad.When asked if he would be discussing budgets with Walter Smith's successor, Whyte said: "Perhaps not today, but obviously it's a conversation we're going to have."The Stock Exchange announced late on Friday that Whyte had taken ownership of Sir David Murray's majority stake for just £1 via the company Wavetower.However, the whole package of money for servicing the club's debt and for providing fresh capital comes to over £50m.Despite the transaction going through, the independent takeover committee on the Rangers board again voiced concerns.The committee, which included the outgoing chairman Alastair Johnston, expressed doubts that Whyte has sufficient funds to meet the club's financial needs - and in particular to pay any forthcoming HMRC tax bill. Link to post Share on other sites More sharing options...
H72 265 Posted May 7, 2011 Share Posted May 7, 2011 I must say, I think it's great that he did walk the last 100m through the Rangers support before entering Ibrox as owner for the first time.The future is bright! Link to post Share on other sites More sharing options...
boss 1,941 Posted May 7, 2011 Share Posted May 7, 2011 I must say, I think it's great that he did walk the last 100m through the Rangers support before entering Ibrox as owner for the first time.The future is bright!He is certainly walking the walk so far. All his PR/advice etc. has been promising to date. Link to post Share on other sites More sharing options...
stampyurie 203 Posted May 7, 2011 Share Posted May 7, 2011 No been in yhis thread in s while has csniadian bacon been adout Link to post Share on other sites More sharing options...
boss 1,941 Posted May 7, 2011 Share Posted May 7, 2011 No been in yhis thread in s while has csniadian bacon been adoutWe tend to use the English spelling of words in this thread. Link to post Share on other sites More sharing options...
stampyurie 203 Posted May 7, 2011 Share Posted May 7, 2011 We tend to use the English spelling of words in this thread. Fuck off u, dumb touch screen fone charecters to close to each other. Link to post Share on other sites More sharing options...
forlanssister 157 Posted May 7, 2011 Share Posted May 7, 2011 He is certainly walking the walk so far. All his PR/advice etc. has been promising to date.It's certainly been very well spun but it may well turn out to be all spin and no substance.It's all been a bit of the Emperors new clothes so far.Our manager was given several opportunities in the post match Sky interview to give him a ringing endorsement but quite pointedly declined to so.May have to wait just over a week or so to hear Walter's true feelings on the matter. Link to post Share on other sites More sharing options...
markybear 136 Posted May 7, 2011 Share Posted May 7, 2011 It's certainly been very well spun but it may well turn out to be all spin and no substance.It's all been a bit of the Emperors new clothes so far.Our manager was given several opportunities in the post match Sky interview to give him a ringing endorsement but quite pointedly declined to so.May have to wait just over a week or so to hear Walter's true feelings on the matter.Walters not interested one bit bout the takeover, he only cares about utd and killie. After that it's not his problem. I also sure he's on record as saying he would've preferred the takeover to happen a wk on Monday at the earliest Link to post Share on other sites More sharing options...
forlanssister 157 Posted May 8, 2011 Share Posted May 8, 2011 Walters not interested one bit bout the takeover, he only cares about utd and killie. After that it's not his problem. I also sure he's on record as saying he would've preferred the takeover to happen a wk on Monday at the earliestWell you won't have to wait too long to find out. Walter cares very much about the takeover. Link to post Share on other sites More sharing options...
markybear 136 Posted May 8, 2011 Share Posted May 8, 2011 Well you won't have to wait too long to find out. Walter cares very much about the takeover.U may be privvy to some inside into but reading his body language and listening to his tone of speech when he's interviewed he sounds as though he's not interested. The spl is all he's focused on at this minute in time. This is the way I read it, feel free to enlighten me though Link to post Share on other sites More sharing options...
djbroxybear 660 Posted May 8, 2011 Share Posted May 8, 2011 Thank fuck the saga is over, lets look forward to exciting times ahead. Link to post Share on other sites More sharing options...
Craigie79 67 Posted May 8, 2011 Share Posted May 8, 2011 Read in the paper that one of the 1st things he do to the stadium is renovate the toilets.Wonder if he will install some pots in the loo's for us all to piss in Link to post Share on other sites More sharing options...
Bears r us 30,791 Posted May 8, 2011 Share Posted May 8, 2011 Read in the paper that one of the 1st things he do to the stadium is renovate the toilets.Wonder if he will install some pots in the loo's for us all to piss in Link to post Share on other sites More sharing options...
blueben_d 40 Posted May 8, 2011 Share Posted May 8, 2011 Read in the paper that one of the 1st things he do to the stadium is renovate the toilets.Wonder if he will install some pots in the loo's for us all to piss in Link to post Share on other sites More sharing options...
Jamie1807 146 Posted May 8, 2011 Share Posted May 8, 2011 The guy's wee pad in Morayshire Link to post Share on other sites More sharing options...
RFC55 108,800 Posted May 8, 2011 Share Posted May 8, 2011 Has spangles been around recently? Link to post Share on other sites More sharing options...
markybear 136 Posted May 8, 2011 Share Posted May 8, 2011 The guy's wee pad in Morayshire I wonder if he'll have lots of pots about the place or WC's Link to post Share on other sites More sharing options...
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