gunslinger 270 Posted October 26, 2011 Share Posted October 26, 2011 So you were lying about craig whyte telling journos we are a test case..wasn't difficult was it.given I never said that I don't see how I could be lying when I never said it. good to see you've given up on that bain nonsense though. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted October 26, 2011 Share Posted October 26, 2011 given I never said that I don't see how I could be lying when I never said it. good to see you've given up on that bain nonsense though.Stop tying yourself in knots, either whyte said it or he didn't ? who did he say it to ?I have given up after providing you with the info needed, whether you accept that is a matter of supreme indifference to me.. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted October 26, 2011 Share Posted October 26, 2011 Stop tying yourself in knots, either whyte said it or he didn't ? who did he say it to ?I have given up after providing you with the info needed, whether you accept that is a matter of supreme indifference to me..you have never provided any evidence he doorstepped bain. and I never said whyte said anything about the tax case. Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted October 26, 2011 Share Posted October 26, 2011 Filthy phill really isn't letting up on his pursuit of our downfallProper cunt It's blog after blog after blog about our club Has he openly admitted that his job is to fuck us up because it's a witch hunt against us constantly I hate Celtic more than any man but I wouldn't constantly try to do what he doesI think he has mental issues Maybe one day someone stabs him in the eye with a bic pen (for the old bill reading , i do not condone the use of violence on any persons with a bic pen) Quote Link to post Share on other sites More sharing options...
Dennis 1,011 Posted October 26, 2011 Share Posted October 26, 2011 Its quite simple mate. Last season we had a £15 m overdraft facility that we used quite a bit as we have for probably most of the foreseeable past. Last season at various points we got an amount of cash from CL that added up to £16m or thereabouts that we wont have this season.Very simply, if Craig Whyte hasnt kept to his promise then at some point this season, our cash will run out. Even if he has kept to his promise then the cash he has put in should see us through all of this season, but we then face the exact same issue next season should we not get into the Champions League again. Or we could have enough money until the transfer window opens and sell Jelavic.Whyte has already said that we are paying out more than we take in and it has to change very soon. Quote Link to post Share on other sites More sharing options...
RM Monitor And Standards Officer 112,939 Posted October 26, 2011 Share Posted October 26, 2011 Or we could have enough money until the transfer window opens and sell Jelavic.Whyte has already said that we are paying out more than we take in and it has to change very soon.Again the old regime including "Rangers number 1 fan" are to blame for that!Did i ever tell you they found 25 million quid they had spare lying around? Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted October 26, 2011 Share Posted October 26, 2011 Again the old regime including "Rangers number 1 fan" are to blame for that!Did i ever tell you they found 25 million quid they had spare lying around?actually that's not so. Mr whyte has said its because of the rise in the wage bill since he took over. the old board did pretty well getting costs and debt down while keeping winning. Quote Link to post Share on other sites More sharing options...
SirWalterSmithLegend 206 Posted October 26, 2011 Share Posted October 26, 2011 Filthy phill really isn't letting up on his pursuit of our downfallProper cunt It's blog after blog after blog about our club Has he openly admitted that his job is to fuck us up?I am actually sure he did admit this Gillete. Live on Radio Snyde with Britney in the studio. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,638 Posted October 26, 2011 Share Posted October 26, 2011 Again the old regime including "Rangers number 1 fan" are to blame for that!Did i ever tell you they found 25 million quid they had spare lying around?ssshhh dont you know you cant slag AJ and co on here anymore Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,638 Posted October 26, 2011 Share Posted October 26, 2011 actually that's not so. Mr whyte has said its because of the rise in the wage bill since he took over. the old board did pretty well getting costs and debt down while keeping winning.if they didnt make a complete james hunt of the finances we could have covered a one season miss of the CL money, as it stands we couldnt and relied on overdrafts Quote Link to post Share on other sites More sharing options...
Zappa 358 Posted October 26, 2011 Share Posted October 26, 2011 ssshhh dont you know you cant slag AJ and co on here anymore Says who? Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted October 26, 2011 Share Posted October 26, 2011 I am actually sure he did admit this Gillete. Live on Radio Snyde with Britney in the studio.Wouldn't surprise me whatsoever Quote Link to post Share on other sites More sharing options...
nvager 498 Posted October 26, 2011 Share Posted October 26, 2011 Looking forward to seeing the accounts Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted October 26, 2011 Share Posted October 26, 2011 if they didnt make a complete james hunt of the finances we could have covered a one season miss of the CL money, as it stands we couldnt and relied on overdraftsthat's a historical problem related to sdm. frankly we also would be facing 7 in a row from celtc if Murray hadn't spent so I am loath to complain about that part of his tenure Quote Link to post Share on other sites More sharing options...
markybear 136 Posted October 26, 2011 Share Posted October 26, 2011 Looking forward to seeing the accountsWhat do u expect to see?Good, bad, indifferent?The tims reckon we are running on empty and won't be able to pay the staff/players wages either on Friday or the end of next month.They are all getting rather exited about it Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,638 Posted October 26, 2011 Share Posted October 26, 2011 that's a historical problem related to sdm. frankly we also would be facing 7 in a row from celtc if Murray hadn't spent so I am loath to complain about that part of his tenurehow do you work that out? If Eck had been better backed or PLG been better backed then strachan may well have lost his first 2 leagues, Quote Link to post Share on other sites More sharing options...
Blue Atheist 194 Posted October 26, 2011 Share Posted October 26, 2011 What i reckon will happen is a settlement in the region of £20m. Whether that forces administration or not who knows but i doubt it. All this "New Rangers" nonsense is a complete non-starter for me. Why? well, because a "New Rangers" would have a trophy count of..... i cant even say it!.Oh how i would laugh if we won the case. Those on the other side would implode big time! And the bloggers can go back to moaning about daft songs... Quote Link to post Share on other sites More sharing options...
nachothelegend 1,932 Posted October 26, 2011 Share Posted October 26, 2011 I think the above will happen as well. Quote Link to post Share on other sites More sharing options...
minstral 5,375 Posted October 26, 2011 Share Posted October 26, 2011 that's a historical problem related to sdm. frankly we also would be facing 7 in a row from celtc if Murray hadn't spent so I am loath to complain about that part of his tenureHave to disagree that we would be facing 7 in a row. Quote Link to post Share on other sites More sharing options...
Blue Atheist 194 Posted October 26, 2011 Share Posted October 26, 2011 Nacho - if its £20m do you think that would force administration?Would mean Whyte is down £38m already. (including the money he paid Lloyds)Maybe he's thinking he can do that and then sell the likes of Greegsy and Jela and then pocket a large chunk of the cash? Thats what i'd be thinking but i'm no businessman and i'm sure Whyte has more than one trick up his sleeve. I just wish he never agreed the other day that there *could* be a "New Rangers". Maybe he was thinking worst case scenario but as i said previously this just isnt an option. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,638 Posted October 26, 2011 Share Posted October 26, 2011 20mill bill that they demand up front and in 1 payment will send us to administration imoIf they allow us to pay it off at say a million a year (where have i heard an agreement like that before lol) then we may get away with avoiding administration Quote Link to post Share on other sites More sharing options...
Blue Atheist 194 Posted October 26, 2011 Share Posted October 26, 2011 Jim - Couldnt Whyte "loan" the cash to the club? He did say admin was a last option so if its simply a case of bite the bullet now and pocket some extra cash later that he wouldnt have originally then its certainly one way to go..He can make the money back. Quote Link to post Share on other sites More sharing options...
Guest Posted October 26, 2011 Share Posted October 26, 2011 IF and i stress IF we were to lose the tax case i doubt any penalty we get be it 20 million or 50 million would be asked to be paid up front. HMRC know that would send us into admin and ,correct me if im wrong, they would run the risk of not getting all their money back if that were to happen ?Surely if we agreed a payment plan of 1-2 million a year we would be able to operate without going into admin and still able to comepete no matter how big the bill ? Quote Link to post Share on other sites More sharing options...
markybear 136 Posted October 26, 2011 Share Posted October 26, 2011 20mill bill that they demand up front and in 1 payment will send us to administration imoIf they allow us to pay it off at say a million a year (where have i heard an agreement like that before lol) then we may get away with avoiding administrationIf that was the case, it would be in their best interest to agree a payment plan or to accept a smaller one off payment. Putting us into admin would see them gain no cash and a lengthy legal bill for their troubles.Sometimes im a bit unsure about whyte but the way he's set this up (him being the only secured creditor) was a stroke of genius looking back in hindsight. If he had written the debt off straight away we would have very little leverage left (if any) if hmrc win this case Quote Link to post Share on other sites More sharing options...
OlegKuznetsov 10,816 Posted October 26, 2011 Share Posted October 26, 2011 No offence, but you guys appear to know fuck all.I'm gonna have a we gander at KDS since they always know what's happening before it happens, even if it's about 5 centuries before. Quote Link to post Share on other sites More sharing options...
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