Ricky_ 893 Posted February 29, 2012 Share Posted February 29, 2012 I know what you mean here, but surely as it's Rangers Season Tickets he's selling, it would legally need to go through the club?really not sure abotu the ins and outs of owning a football club, but i guess as owner he could be entitled to spend that money how he sees fit. If that is the case then the so called "missing" 2m he could run away with. At least the synics will see it liek that, take out a 20m personal loan, pay lloyds 18m, keep 2m for yourself (call ita commission for the deal), and its all paid for by the revenue of a business you own (in this case future ST).or, if this is the case, he could be taking the view pioint he is not obligated to put the extra 2m into the club, so why bother doing it now when its most likely goign to go straight into someone elses pocket. If hes not obligated to put it in, he may aswell keep it gathering interest until the administrators do deals on the debt, as right now whatever funds, assests, and gaurenteed future revenue are probably all being tallied up so our creditors can see what we can afford to pay and evaluate a CVA on the table. Once this is done it woudl open the door for Whyte to put that 2m plus anything else hes thinking of investing into the club and it won't go straight to paying off debt.@Boss, indeed, im just speculating, and id like to think specuating in a positive manner, far to many posters dont even bother to give the situation some thought and simply post "ill kick that pricks heid in if i see him anywhere near ibrox again" Quote Link to post Share on other sites More sharing options...
CanadianBacon 2,088 Posted February 29, 2012 Share Posted February 29, 2012 They have made a tentacle enquiry to Octopus. Have a rep. Have a Kit Kat while you're at it. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted February 29, 2012 Author Share Posted February 29, 2012 Guys, feel free to guess away but even the Administrators will have to take legal advice on a number of issues surrounding the Club, so what chance us knowing how the cards will fall.Agreed but the administrators are briefing the press to put pressure on Whyte to cooperate, it’s clear he isn’t whatever he might be saying to the contrary Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted February 29, 2012 Author Share Posted February 29, 2012 really not sure abotu the ins and outs of owning a football club, but i guess as owner he could be entitled to spend that money how he sees fit. If that is the case then the so called "missing" 2m he could run away with. At least the synics will see it liek that, take out a 20m personal loan, pay lloyds 18m, keep 2m for yourself (call ita commission for the deal), and its all paid for by the revenue of a business you own (in this case future ST).or, if this is the case, he could be taking the view pioint he is not obligated to put the extra 2m into the club, so why bother doing it now when its most likely goign to go straight into someone elses pocket. If hes not obligated to put it in, he may aswell keep it gathering interest until the administrators do deals on the debt.You are correct about one thing...you don't know the ins or outs.... Quote Link to post Share on other sites More sharing options...
boss 1,941 Posted February 29, 2012 Share Posted February 29, 2012 Agreed but the administrators are briefing the press to put pressure on Whyte to cooperate, it’s clear he isn’t whatever he might be saying to the contraryThey are also briefing to put pressure on Collyer Bristow and Gary Withey. More news anon... Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted February 29, 2012 Share Posted February 29, 2012 You are correct about one thing...you don't know the ins or outs.... but i know about the old in out georgie boy. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted February 29, 2012 Author Share Posted February 29, 2012 They are also briefing to put pressure on Collyer Bristow and Gary Withey. More news anon...agreed they were also mentioned Quote Link to post Share on other sites More sharing options...
bilko89 507 Posted February 29, 2012 Share Posted February 29, 2012 really not sure abotu the ins and outs of owning a football club, but i guess as owner he could be entitled to spend that money how he sees fit. If that is the case then the so called "missing" 2m he could run away with. At least the synics will see it liek that, take out a 20m personal loan, pay lloyds 18m, keep 2m for yourself (call ita commission for the deal), and its all paid for by the revenue of a business you own (in this case future ST).or, if this is the case, he could be taking the view pioint he is not obligated to put the extra 2m into the club, so why bother doing it now when its most likely goign to go straight into someone elses pocket. If hes not obligated to put it in, he may aswell keep it gathering interest until the administrators do deals on the debt, as right now whatever funds, assests, and gaurenteed future revenue are probably all being tallied up so our creditors can see what we can afford to pay and evaluate a CVA on the table. Once this is done it woudl open the door for Whyte to put that 2m plus anything else hes thinking of investing into the club and it won't go straight to paying off debt.@Boss, indeed, im just speculating, and id like to think specuating in a positive manner, far to many posters dont even bother to give the situation some thought and simply post "ill kick that pricks heid in if i see him anywhere near ibrox again" Quote Link to post Share on other sites More sharing options...
boss 1,941 Posted February 29, 2012 Share Posted February 29, 2012 @Boss, indeed, im just speculating, and id like to think specuating in a positive manner, far to many posters dont even bother to give the situation some thought and simply post "ill kick that pricks heid in if i see him anywhere near ibrox again"That's cool - I've no problem with speculating - was just making the point that this is a complex legal area and we're all just guessing. Quote Link to post Share on other sites More sharing options...
trueblueal 2,117 Posted February 29, 2012 Share Posted February 29, 2012 That's cool - I've no problem with speculating - was just making the point that this is a complex legal area and we're all just guessing. I'd guess Whyte is being difficult to force us under which is his plan to shed our debt. He is one crazy guy. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,479 Posted February 29, 2012 Share Posted February 29, 2012 i thought whyte didn't pay the vat on the ticketus deal. If he only got 20 mill of the 24 mill deal then the vat must still be with ticketus. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted February 29, 2012 Share Posted February 29, 2012 Have a rep. Have a Kit Kat while you're at it. Should that not be 8 Quote Link to post Share on other sites More sharing options...
CanadianBacon 2,088 Posted February 29, 2012 Share Posted February 29, 2012 Should that not be 8 I'm assuming he'll have '8' his Kit Kat by now. Quote Link to post Share on other sites More sharing options...
boss 1,941 Posted February 29, 2012 Share Posted February 29, 2012 8 squid for an octopus flavoured KitKat seems a bit steep. Quote Link to post Share on other sites More sharing options...
BlueThunder 8,452 Posted February 29, 2012 Share Posted February 29, 2012 They are also briefing to put pressure on Collyer Bristow and Gary Withey. More news anon...Boss, can you elaborate on this please? Quote Link to post Share on other sites More sharing options...
trueblueal 2,117 Posted February 29, 2012 Share Posted February 29, 2012 Is there likely to be another official statement from duff and phelps at some point today? It's all gone quiet and we are filling the void with speculation. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted February 29, 2012 Share Posted February 29, 2012 I'm assuming he'll have '8' his Kit Kat by now. This and the one that followed from Boss , goes to show that the stress of this scenario at the club is getting to a few posters. Quote Link to post Share on other sites More sharing options...
Sandro420 398 Posted February 29, 2012 Share Posted February 29, 2012 It was just on SSN that they have found £6 million in a Collier,Bristow account they belive belongs to the club. Quote Link to post Share on other sites More sharing options...
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