The official "Takeover Completed" thread

[RFC55 108,800]

No idea , most likely Bears well GCL is but from other posters on FF he wasn't well liked over there either , kinda like TWB without the charisma , as for Spangles i have my doubts as he only ever appears in these types of threads ...

Now spangles is nowhere to be seen

[SirWalterSmithLegend 206]

Tanner on now SSN live at Ibrox

[ibroxgers25 18]

If the takeover goes ahead will we have any money ? I don't know anything about this Whyte bloke.

been thinking that aswell mate

[Bear 25]

No idea , most likely Bears well GCL is but from other posters on FF he wasn't well liked over there either , kinda like TWB without the charisma , as for Spangles i have my doubts as he only ever appears in these types of threads ...

cheers

[SirWalterSmithLegend 206]

On the brink

24 to 36 hours

Both parties talking today

[Stu1993 101]

Things are more advanced now then an hour ago.

[Broxi1872 183]

[ricksen_da_best 2,034]

Its happening , its happening

[Deanow 72]

Yeah mine too

Anyone????

Craig WHyte a hope your reading!

[Bear 25]

Rangers news just tweeted this

rangersnews Glasgow Rangers FC

Rangers bidder Craig Whyte has agreed a deal with Lloyds Bank which will see the asking price drop by up to £7m

[Stu1993 101]

Whyte and Ellis to come up to scotland in the next 24-36 hours to complete the takeover.

[4MenHadADream 122]

Been away for a few pages, whats the latest

[Ryan_1 1,136]

My trousers are firmly on the ground at this moment in time!

[djbroxybear 660]

Tanner on now SSN live at Ibrox

24 - 36 hours Whytes solicitors in London finalising deal with Slippery Dave..

[Deanow 72]

Rangers news just tweeted this

rangersnews Glasgow Rangers FC

Rangers bidder Craig Whyte has agreed a deal with Lloyds Bank which will see the asking price drop by up to £7m

Will it still clear all of our debt?

[RFC55 108,800]

Whyte and Ellis to come up to scotland in the next 24-36 hours to complete the takeover.

Tommorow or Friday press conference.

April the 1st

[ricksen_da_best 2,034]

I dont understand how Whyte and Lloyds have done a " deal " on the debt?

surely when Whyte buys the club , thats it , fineeto ?

[Stu1993 101]

STV understands the Lloyds Banking Group has agreed a package to resolve Rangers' debt, paving the way for Craig Whyte to complete his takeover of the club.

A source close to the deal between Rangers and Whyte has told STV the asking price for the club will now be adjusted from £32 million to a figure of £25-28 million.

It is understood Whyte is yet to view and sign off the paperwork which would move him a significant step closer to assuming Murray International Holdings’ 92 per cent stake in the club.

The approval of Lloyds for the takeover to proceed marks a significant step towards Whyte’s purchase, after negotiations over the level of debt outstanding from Rangers to the bank.

Whyte met with the Rangers board of directors and manager Walter Smith on Tuesday to discuss the takeover. He has been in talks since registering his interest in the club in November, had a £33 million offer pending to acquire control of the club.

Whyte has previously promised to invest £25 million in Rangers’ playing squad over the course of the next five seasons.

His deal also includes a 25 per cent stake which will eventually be controlled by Andrew Ellis, who failed last year with a takeover bid of his own.

More to follow...

[JTP 221]

Craig WHyte a hope your reading!

I now have visions of Whyte, Murray and Lloyds round the table while Whyte is skimming through RM on his Blackberry

[Stu1993 101]

GersnetOnline Frankie

Whyte has negotiated lower price due to further significant fall in debt - cost now less than £33million first agreed.

[Deanow 72]

Tommorow or Friday press conference.

April the 1st

Aw fuck off a hate april fools did I mention I hate it more when its on a day Rangers could be taken over at any minute...

[Nicika Jelavic 7]

So yeah...... this is erection worthy.

[JM1872 3,708]

Will it still clear all of our debt?

Yes, the debt is expected to have fallen by £7m upon release of figures, hence the lowering of the asking price.

[Orangeclement 570]

Now spangles is nowhere to be seen

Didn't need Columbo to work that one out

[jdocherty72 215]

CAN YOU HEAR THE CELTIC SING? NO NO, CAN YOU HEAR THE CELTIC SING? NO NO, CAN YOU HEAR THE CELTIC SING? NO NO A CANNAE HEAR A FUCKIN THING!