BEARGER 339 Posted March 10, 2012 Share Posted March 10, 2012 Ticketus tried to fuck us over intentionally; they had no interest in The Rangers Football Club unless it was profitable to them.Craig Whyte has personally underwritten the Ticketus deal from one of his own companies. (Good luck on that guarantee).The Ticketus contract, as it stands relies on the ability of Craig Whyte to enforce the aforementioned contract.All of a sudden a big hairy pudding fell out of the sky.Paul Murray and the potential Rangers Fans ‘Presidents’ strike a deal with Ticketus.Stinks like fuck.Fool me once, shame on you!Fool me twice, shame on me (us)!Nice to see Whyte Shyting himself and Ticketus having a colonic irrigation, shame on RST.Murray, Whyte, Ticketus or ambitious self centered “Rangers Supporters” have no right to determing OUR clubs future by agreeing to this deal.We Cannot Accept This Deal!Most of the time I talk shite, but this aint one of these times.Why mention only the RST? The Supporters Association and the RSA are also behind this. I will make up my mind whether to invest or not once I have read their prospectus, I would think most will do the same.Once again fans who have actually done something are critisised, what have you done? Do you have a cunning plan? Quote Link to post Share on other sites More sharing options...
Bluedell 14 Posted March 10, 2012 Share Posted March 10, 2012 There are reporting on radio Scotland that the deal white struck with ticketus is illegal under Scottish law.The agreement will be subject to English law. The location of the club is irrelevant to the terms of the contract. Quote Link to post Share on other sites More sharing options...
jimatcaledonia 32 Posted March 10, 2012 Author Share Posted March 10, 2012 Why mention only the RST? The Supporters Association and the RSA are also behind this. I will make up my mind whether to invest or not once I have read their prospectus, I would think most will do the same.Once again fans who have actually done something are critisised, what have you done? Do you have a cunning plan?Apologies, I was only making a point that any supporters groups that would consider Ticketus as a way forward were acting on their own personal agenda.I.e. get supporters clubs ‘Presidents’ on the board at any cost! Quote Link to post Share on other sites More sharing options...
'o'rangerblue 89 Posted March 10, 2012 Share Posted March 10, 2012 The way I see it Ticketus options are-They have the same deal with Murray then they'll get all their money back + profit so that'll be upward of 30million.If they are a creditor (and I'm not sure they are) and accept a cva, even at 50% the'll only get around 12Million.Liquidation will mean they get very little if anything.Go after Whyte for the money, good luck with that lolUnderstandably they are going for the option that will make them money not lose it.How much of this have I made up in my own head? Quote Link to post Share on other sites More sharing options...
BEARGER 339 Posted March 10, 2012 Share Posted March 10, 2012 Apologies, I was only making a point that any supporters groups that would consider Ticketus as a way forward were acting on their own personal agenda.I.e. get supporters clubs ‘Presidents’ on the board at any cost!Ok, still not sure what this "Presidents" on board means. Anyway here's my thinking and not being a financial guru may be a load of nonsense.Ticketus have been stung for £20M, they seem to believe that they can get their money back from ST sales over the next 3/4 years no matter who takes over the club. They may be looking at a long legal fight with all its costs etc. but still lose. Could be they think a swap of equity for the debt is the best way of getting their money back. For that to be a goer the club would need to be run on a sound financial basis for a while to allow Ticketus to sell off their equity and get their money back (and profit ?. That would not be bad news for us, no? Quote Link to post Share on other sites More sharing options...
OlegKuznetsov 10,816 Posted March 10, 2012 Share Posted March 10, 2012 Ticketus tried to fuck us over intentionally; they had no interest in The Rangers Football Club unless it was profitable to them.Craig Whyte has personally underwritten the Ticketus deal from one of his own companies. (Good luck on that guarantee).The Ticketus contract, as it stands relies on the ability of Craig Whyte to enforce the aforementioned contract.All of a sudden a big hairy pudding fell out of the sky.Paul Murray and the potential Rangers Fans ‘Presidents’ strike a deal with Ticketus.Stinks like fuck.Fool me once, shame on you!Fool me twice, shame on me (us)!That reminded me of the last clip here, but they're all amusing... Nice to see Whyte Shyting himself and Ticketus having a colonic irrigation, shame on RST.Murray, Whyte, Ticketus or ambitious self centered “Rangers Supporters” have no right to determing OUR clubs future by agreeing to this deal.We Cannot Accept This Deal!Most of the time I talk shite, but this aint one of these times. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted March 10, 2012 Share Posted March 10, 2012 The agreement will be subject to English law. The location of the club is irrelevant to the terms of the contract.can I ask a question? well I'm going to ask one. if you can answer I would appreciate it. what's the likelihood ticketus are creditors who will vote on the cva. Quote Link to post Share on other sites More sharing options...
Bluedell 14 Posted March 10, 2012 Share Posted March 10, 2012 can I ask a question? well I'm going to ask one. if you can answer I would appreciate it. what's the likelihood ticketus are creditors who will vote on the cva.According to Mark Dingwall they are being treated as creditors by the administrators and I've no reason to doubt him, and therefore they would get to vote on the CVA. It would be clear enough when the list of creditors is produced anyway. Quote Link to post Share on other sites More sharing options...
nachothelegend 1,932 Posted March 10, 2012 Share Posted March 10, 2012 So we can safely say that if we Trust the Trust ,Murray and Ticketus they will take Money out of the Club, and we will be back to square one.Agreed.By the way to Rub Salt in to our wounds ,Jelavic Scores for Everton .Now Whyte you little Shite where's the Transfer Money for him? Quote Link to post Share on other sites More sharing options...
BEARGER 339 Posted March 10, 2012 Share Posted March 10, 2012 So we can safely say that if we Trust the Trust ,Murray and Ticketus they will take Money out of the Club, and we will be back to square one.Agreed.By the way to Rub Salt in to our wounds ,Jelavic Scored for Everton Winning Goal.Now Whyte you little Shite where's the Transfer Money for him?Where are you getting that from? I think we are all in danger of jumping to conclusions that possibly could be well wide of the mark. Why not wait and see what the detail is before deciding one way or another. It is possible that Ticketus are doing an equity for debt deal. Quote Link to post Share on other sites More sharing options...
'o'rangerblue 89 Posted March 10, 2012 Share Posted March 10, 2012 So we can safely say that if we Trust the Trust ,Murray and Ticketus they will take Money out of the Club, and we will be back to square one.Agreed.By the way to Rub Salt in to our wounds ,Jelavic Scored for Everton Winning Goal.Now Whyte you little Shite where's the Transfer Money for him?That's just capital, but isn't it just half time? Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted March 10, 2012 Share Posted March 10, 2012 According to Mark Dingwall they are being treated as creditors by the administrators and I've no reason to doubt him, and therefore they would get to vote on the CVA. It would be clear enough when the list of creditors is produced anyway.cheers bludell. any idea when that's likely to be? Quote Link to post Share on other sites More sharing options...
OlegKuznetsov 10,816 Posted March 10, 2012 Share Posted March 10, 2012 According to Mark Dingwall they are being treated as creditors by the administrators and I've no reason to doubt him, and therefore they would get to vote on the CVA. It would be clear enough when the list of creditors is produced anyway.I'm sure I heard the Administrators say that they have no evidence of any claim Ticketus have on any assets of Rangers.Also, I think they have definitely stated that the deal is of a questionable nature given the manner of it's agreement-i.e. assets which Whyte did not have access to.Whyte has claimed that he is personally on the line for the £24.4m from, but there is indeed much which he has previously claimed.I simply cannot see how they have a right to assets of the club based on an agreement with someone who had no legal right to those assets.Surely they need Whyte to be the owner to access those assets via their claim against him. Quote Link to post Share on other sites More sharing options...
OlegKuznetsov 10,816 Posted March 10, 2012 Share Posted March 10, 2012 Apologies. Double post. Quote Link to post Share on other sites More sharing options...
jimatcaledonia 32 Posted March 10, 2012 Author Share Posted March 10, 2012 Ok, still not sure what this "Presidents" on board means. Anyway here's my thinking and not being a financial guru may be a load of nonsense.Ticketus have been stung for £20M, they seem to believe that they can get their money back from ST sales over the next 3/4 years no matter who takes over the club. They may be looking at a long legal fight with all its costs etc. but still lose. Could be they think a swap of equity for the debt is the best way of getting their money back. For that to be a goer the club would need to be run on a sound financial basis for a while to allow Ticketus to sell off their equity and get their money back (and profit ?. That would not be bad news for us, no?Rangers have to agree liability, therefore allow Ticketus to recoup their losses.So in essence you are correct.You financial guru!Thank you for breaking to mirrors. Quote Link to post Share on other sites More sharing options...
jimatcaledonia 32 Posted March 10, 2012 Author Share Posted March 10, 2012 I'm sure I heard the Administrators say that they have no evidence of any claim Ticketus have on any assets of Rangers.Also, I think they have definitely stated that the deal is of a questionable nature given the manner of it's agreement-i.e. assets which Whyte did not have access to.Whyte has claimed that he is personally on the line for the £24.4m from, but there is indeed much which he has previously claimed.I simply cannot see how they have a right to assets of the club based on an agreement with someone who had no legal right to those assets.Surely they need Whyte to be the owner to access those assets via their claim against him.Whyte has personally agreed liability.The smoke clears and mirrors are broken.Good luck Ticketus, get to fuck away from our club, and take Paul Murray with you! Quote Link to post Share on other sites More sharing options...
californiadreamin52 339 Posted March 10, 2012 Share Posted March 10, 2012 Game set and match for TicketUS when it comes down to CVA But who is in control of TicketUS because they will control Rangers Quote Link to post Share on other sites More sharing options...
RangersMedia 35,961 Posted March 10, 2012 Share Posted March 10, 2012 they seem very clear that they own season books. if they do they are a creditor. until that's challenged in court they are.Simple Scots property law tells us Ticketus cannot own Rangers season tickets. Quote Link to post Share on other sites More sharing options...
donrfc737 30 Posted March 10, 2012 Share Posted March 10, 2012 got a sneaky feeling..... there in it to try and get their money back..... Quote Link to post Share on other sites More sharing options...
Sicknote 26 Posted March 10, 2012 Share Posted March 10, 2012 got a sneaky feeling..... there in it to try and get their money back.....Sneaky feeling? - fucking obvious that's what they want. They ain't fans and will put their shareholders first. Quote Link to post Share on other sites More sharing options...
LegendofCoop 17,472 Posted March 10, 2012 Share Posted March 10, 2012 IMO, anyone who has had anything to do with the previous two regimes (including Whyte) should be nowhere near any future running of the club. Quote Link to post Share on other sites More sharing options...
jimatcaledonia 32 Posted March 10, 2012 Author Share Posted March 10, 2012 Game set and match for TicketUS when it comes down to CVA But who is in control of TicketUS because the will control RangersSorry my friend, Ticketus has no contract with The Gers.Contact Mr Whyte, Monaco, Underhidding, Notinscotland, WitnessProtectionTicketus can be contacted via Octupussy Quote Link to post Share on other sites More sharing options...
jimatcaledonia 32 Posted March 10, 2012 Author Share Posted March 10, 2012 Simple Scots property law tells us Ticketus cannot own Rangers season tickets.Simple! Rangers fans tell Murray, Ticketus ……. GTFSimples! Quote Link to post Share on other sites More sharing options...
kp501 6 Posted March 10, 2012 Share Posted March 10, 2012 I think it's pretty clever involving Ticketus in a takeover deal, thus neutralising their debt in a roundabout sort of way in a silent partner type role. End of the day, that debt wasn't going anywhere fast, so any deal that allows us to manage that debt better is surely a good thing for Rangers FC.Although if CW could somehow be lumbered with it, then it would be a lovely leaving gift from us to him for all the great work he's done these last 9-10 months. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted March 10, 2012 Share Posted March 10, 2012 Simple Scots property law tells us Ticketus cannot own Rangers season tickets.shame English law applies. Quote Link to post Share on other sites More sharing options...
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