gunslinger 270 Posted January 31, 2012 Share Posted January 31, 2012 So if we've mortgaged season ticket income for X number of years to provide cashflow for this season, how will we be funding our normal operating expenses in the future?we can't. not without Europe and thats highly unlikely. Quote Link to post Share on other sites More sharing options...
OceanRain 2,845 Posted January 31, 2012 Share Posted January 31, 2012 ticketus Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted January 31, 2012 Share Posted January 31, 2012 now I see why everyone on more than 16k a week has to be sold. Quote Link to post Share on other sites More sharing options...
TheCutch 4,340 Posted January 31, 2012 Share Posted January 31, 2012 So if we all just decided to stop buying Season Tickets, the club would be screwed?Is this story supposed to put pressure on us fans to keep ploughing in our hard earned? Quote Link to post Share on other sites More sharing options...
Gaffbear 4,101 Posted January 31, 2012 Share Posted January 31, 2012 Watch season ticket sales plummet for next season should we at least not attampt to keep this league by signing 3 or 4 players today.Bottom line we need the CL money for next season or we're in trouble.We knew Whyte was going to do this as it came out in the summer but what i'm worried about is so many people blindly followed this guy as our saviour while guys like Johnson,Bain and Greig could see through his disguise.I truly worry for our club now..He should sell the naming rights to Ibrox and that may bring in revenue as i'm sure most of us wouldn't mind that.. Quote Link to post Share on other sites More sharing options...
krissg910 110 Posted January 31, 2012 Share Posted January 31, 2012 the games a bogey, whyte used the season ticket money to buy his fuckin castle. Quote Link to post Share on other sites More sharing options...
TheCutch 4,340 Posted January 31, 2012 Share Posted January 31, 2012 Watch season ticket sales plummet for next season should we at least not attampt to keep this league by signing 3 or 4 players today.Bottom line we need the CL money for next season or we're in trouble.We knew Whyte was going to do this as it came out in the summer but what i'm worried about is so many people blindly followed this guy as our saviour while guys like Johnson,Bain and Greig could see through his disguise.I truly worry for our club now..He should sell the naming rights to Ibrox and that may bring in revenue as i'm sure most of us wouldn't mind that..Not what we want but If it needs to happen, then nobody should stand in it's way.A History is wonderful, but A Future is essential!! Quote Link to post Share on other sites More sharing options...
Dennis 1,011 Posted January 31, 2012 Share Posted January 31, 2012 Is this a lot of shite then? Quote Link to post Share on other sites More sharing options...
Dennis 1,011 Posted January 31, 2012 Share Posted January 31, 2012 Maybe this is what Whyte was doing in the stands on Saturday, counting how much he's getting. Quote Link to post Share on other sites More sharing options...
Clemdog 39,389 Posted January 31, 2012 Share Posted January 31, 2012 Awww ffs. Quote Link to post Share on other sites More sharing options...
Clemdog 39,389 Posted January 31, 2012 Share Posted January 31, 2012 For anyone with the paper, does he actually 'admit' he's done it? Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted January 31, 2012 Share Posted January 31, 2012 Honest to God for the first time i'm actually scared of what's going on at Ibrox!Remind me not to go to war wae you Quote Link to post Share on other sites More sharing options...
paisleyroad 894 Posted January 31, 2012 Share Posted January 31, 2012 So are there actually any "quotes" from Whyte in there as the headline claims he "admits" this? Quote Link to post Share on other sites More sharing options...
OceanRain 2,845 Posted January 31, 2012 Share Posted January 31, 2012 He admits he's sold off the season tickets.Claims the £18m to settle the debt came from one of his own companies though.EDIT: So that's £21m plus £5m VAT debt we now owe to Ticketus. As well as the £49m we owe HMRC. Quote Link to post Share on other sites More sharing options...
AGM_72 3,705 Posted January 31, 2012 Share Posted January 31, 2012 He admits he's sold off the season tickets.Claims the £18m to settle the debt came from one of his own companies though.EDIT: So that's £21m plus £5m VAT debt we now owe to Ticketus. As well as the £49m we owe HMRC.So, does he say what was the 21m season ticket money mortgaged off for, exactly?Cashflow for this season?? Quote Link to post Share on other sites More sharing options...
OceanRain 2,845 Posted January 31, 2012 Share Posted January 31, 2012 So, does he say what was the 21m season ticket money mortgaged off for, exactly?Cashflow for this season??Give me a few minutes, mate and I'll type (scanners fooked) out the relevant section Quote Link to post Share on other sites More sharing options...
AGM_72 3,705 Posted January 31, 2012 Share Posted January 31, 2012 Give me a few minutes, mate and I'll type (scanners fooked) out the relevant sectionCheers mate, much appreciated Quote Link to post Share on other sites More sharing options...
gersandy 594 Posted January 31, 2012 Share Posted January 31, 2012 So, does he say what was the 21m season ticket money mortgaged off for, exactly?Cashflow for this season??No cash has been flowing this season. Quote Link to post Share on other sites More sharing options...
bluepeter 5,627 Posted January 31, 2012 Share Posted January 31, 2012 Can you and the other admin crack the whip at the tim infestation on this thread?I'd love to mate, but I'm on the phone so no can do Quote Link to post Share on other sites More sharing options...
OceanRain 2,845 Posted January 31, 2012 Share Posted January 31, 2012 Craig Whyte sold off four years' of fans money to help fund his buy-out of Rangers.And Record Sport can also reveal high-ranking HMRC officials are investigating alleged non-payment of VAT since last May. Current director Dave King and former board member Paul Murray are being quizzed by tax authorities as part of their enquiry which has revealed £24.4million has been borrowed against future season ticket sales. Four seasons worth have been sold to Ticketus, a London-based company linked to Octopus, and it's claimed this deal helped finance Whyte's operating costs after the takeover.Whyte himself last night confirmed he has sold off the tickets but denied he used the money to pay off Lloyds Bank. He insisted the £18m came from one of his own companies.There's 5 pages of this stuff.No specific mention of where the money has gone to though. Quote Link to post Share on other sites More sharing options...
bluepeter 5,627 Posted January 31, 2012 Share Posted January 31, 2012 As well as the £49m we owe HMRC.Fuck sake, has that verdict been announced already? Quote Link to post Share on other sites More sharing options...
Clemdog 39,389 Posted January 31, 2012 Share Posted January 31, 2012 Not sure if I want to read this part coming up Hope to fuck it's not been cashflow. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted January 31, 2012 Share Posted January 31, 2012 Don't say you weren't warned rolls are loaded second edition is running, I will be delivering them later.Can I have a bacon one and a square sausage Wae tomato sauce? Quote Link to post Share on other sites More sharing options...
OceanRain 2,845 Posted January 31, 2012 Share Posted January 31, 2012 Fuck sake, has that verdict been announced already? You know what I mean... Quote Link to post Share on other sites More sharing options...
paisleyroad 894 Posted January 31, 2012 Share Posted January 31, 2012 Can I have a bacon one and a square sausage Wae tomato sauce?Brown Sauce Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.