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gunslinger

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Then the question becomes, who is giving them the information and to what end?

The administrators are giving them the information, happens all the time in politics, leak bad news so that when it becomes official no ones surprised. My theory by the way. Can't prove it.

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The administrators are giving them the information, happens all the time in politics, leak bad news so that when it becomes official no ones surprised. My theory by the way. Can't prove it.

Sorry can't agree with that, there's people playing games and our club is suffering because of it. Information was getting out about the Tax case etc. long before the administrators became involved.

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The Beano's more of a trustworthy source than the Record, I'll take these claims seriously when there's evidence to back it up and more quality media sources confirm it.

The record have been spot on up to now and a hell of a lot more trustworthy than CW at the moment.

Sad sad state of affairs.

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Sorry can't agree with that, there's people playing games and our club is suffering because of it. Information was getting out about the Tax case etc. long before the administrators became involved.

But that was then. Who else could have leaked the info now? Its happened a couple of times since the admin people took over. The info is then confirmed a couple of days later.

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The only opinion or comment that matters at this point in time is that of the court appointed Administraters.

Everything else until substantiated by people directly involve with the administration of the club is no more than rumour that may or may not be true, it should not be regarded as fact and treated with the scepticism it deserves.

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Dave King, a director Whyte tried to oust last week, jetted in for talks with the administration team yesterday

FEARS are growing that stricken Rangers could hit the buffers within days – because Craig Whyte’s lawyers won’t show them the money.

The Ibrox club’s crisis was deepening last night with administrators still waiting for vital clues which could lead them to as much as £4.5million.

Duff and Phelps’ experts have been on the paper trail of cash they believe belongs to Rangers since they took over the running of the club nine days ago.

And there are genuine fears that without this money the chances of Rangers surviving will be much slimmer.

The man who has so far failed to respond to pleas for help is Gary Withey – Rangers’ own company secretary.

This latest twist came as Dave King, a director Whyte tried to oust last week, jetted in for talks with the administration team and as ex-chairman Alastair Johnston questioned whether the Whyte takeover is still legally sound.

Johnston has written to the administrators looking for control of the club to be ripped from Whyte’s hands because the shamed owner may be in breach of his own takeover conditions.

But they’ll have to be quick, especially if the administrators continue to be blanked by Whyte’s lawyers.

Duff and Phelps’ duo Paul Clark and David Whitehouse are trying to track down money they reckon should still be in the Collyer Bristow client account set up to facilitate Whyte’s takeover.

But the joint administrators can’t get answers – even though Withey is a partner with Collyer Bristow.

Clark and Whitehouse have been trying to find out how much cash is sloshing around in the account but Withey hasn’t gone out of his way to assist and it’s now believed someone else has been put in charge of this part of his firm’s business.

The lack of financial clarity has made survival even tougher.

By close of play last night the team fighting to keep Rangers alive were still waiting for Collyer Bristow to play ball and disclose how much went in AND out of the account.

The Ticketus millions flowed through the account but there would have been more than just the £24.4m deposited in exchange for huge chunks of future season tickets.The strength of this ticket deal is likely to be challenged by the administrators but at a later date. The priority now is today and then each one after that as they strive to keep Rangers playing.

That’s why they must get their hands on every penny due to the club and it’s thought the £2.8m Whyte said he had to settle the “small tax bill” might still be in the account.

Whyte also said he had £1.7m for stadium refurbishment and that should also be there.

These are figures Whyte included in the takeover circular and they’re now seen as vital for Rangers’ survival.

But that same circular may now be used by those who believe Whyte could be ousted.

Record Sport has discovered he could be taken out if King – or any other Rangers shareholder – launch a court case against the validity of his takeover.

If it can be shown he has failed to deliver on his key pledges he could be legally challenged and that would raise the possibility of him losing his preferred creditor status.

King’s sudden arrival can’t be underestimated and might unnerve Whyte who moved to axe him from the board last week.

But the South African-based businessman assured Duff and Phelps he is legally still in place as a club director.

He then demanded to know the true extent of the mess Whyte has left behind while Ally McCoist was also seeking answers from Clark and Whitehouse.

It’s understood McCoist was given details of how much cash he and his players, who have agreed to take wage deferrals, will have to sacrifice in order to save jobs throughout the club.

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Yet the Administrators made a public statement over the weekend that the solicitors handed over documentation to them.

At later they gave conformation that the season tickets that had been pre-paid for had indeed been used to clear Llyods.

So.......................................

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A nice bit of positivity to start the day, always better than taig meeja shit and punters who fold like cheap suits or two bob deck chairs. 21.gif

Rangers situation is positive, say administrators as fans, partners and sponsors praised

Last updated at 7:58 PM on 22nd February 2012

Administrators have described the situation at Rangers as 'positive' after they took control of the running of the club last week.

Financial firm Duff and Phelps were called in last Tuesday over an unpaid tax bill accrued since Craig Whyte's takeover of the Scottish champions last May.

They have praised the continued support of fans, business partners and sponsors - as well as the Scottish Premier League and the Scottish Football Association - as they work towards securing the club's survival.

David Whitehouse, joint administrator, said in a statement: 'Overall, I would describe the situation as positive.

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I said on Saturday/Sunday that the club faces liquidation but I got hell for it,there is buyers interested in buying the club but they cant purchase Rangers until there is clarity on certain issues. I have never spoke like this on here but Craig Whyte you really are a wanker!

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I said on Saturday/Sunday that the club faces liquidation but I got hell for it,there is buyers interested in buying the club but they cant purchase Rangers until there is clarity on certain issues. I have never spoke like this on here but Craig Whyte you really are a wanker!

Hardly a showstopper, to be fair.

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