Mckay 146 Posted May 14, 2012 Share Posted May 14, 2012 New Rangers owner Charles Green admits he is 'not confident' of achieving a company voluntary agreement (CVA) that would preserve the history of the club.Gers' administrators confirmed on Sunday an offer made to buy the financially-stricken club by Green's consortium had been accepted.The former Sheffield United chief executive has made it clear a CVA is the consortium's preferred route out of administration rather than restructure the company and create a newco, with £8.5million in the pot for the club's creditors.But Green, who claimed he was "mad" to buy the troubled club, admits HMRC and Ticketus are not certain to vote the agreement through.http://www1.skysports.com/football/news/11781/7755676/Green-not-confident-over-CVA Read more.... Quote Link to post Share on other sites More sharing options...
Dennis 1,011 Posted May 14, 2012 Share Posted May 14, 2012 Any quotes? Quote Link to post Share on other sites More sharing options...
rayq81 231 Posted May 14, 2012 Share Posted May 14, 2012 This kind of reporting makes me bloody angry, that is not what he said on the Interview yesterday it is the usual Scottish press trying to put a downer on everything to do with Rangers, thank feck I live in England now as Scotland is now in the top 10 of countries in the world run by a dictatorship and lying press. Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted May 14, 2012 Share Posted May 14, 2012 That's not the way I heard that at all at that Press Conference; but there you go. Quote Link to post Share on other sites More sharing options...
ogbg 20 Posted May 14, 2012 Share Posted May 14, 2012 Any quotes?It's just taken completely out of context from the press conference which we have all seen Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 14, 2012 Share Posted May 14, 2012 what did he say? Quote Link to post Share on other sites More sharing options...
chucknorris 0 Posted May 14, 2012 Share Posted May 14, 2012 I got the opposite impression from the press conference. seemed pretty confident to me. Quote Link to post Share on other sites More sharing options...
scottyc06 6,927 Posted May 14, 2012 Share Posted May 14, 2012 Any quotes?Aye, here's the quote... Nothing like the way it's being reported here! He said: “No, we can’t be confident. The major creditors, as everyone knows, are HMRC and Ticketus.“Who could have imagined that Chelsea would beat Barcelona home and away? No one.“On the same basis, we can’t assume that HMRC and Ticketus are going to vote it through.” Quote Link to post Share on other sites More sharing options...
Polo 1,435 Posted May 14, 2012 Share Posted May 14, 2012 Sensationalist pish.Although he did say that he wasn't "confident" (i.e. he doesn't think it's a foregone conclusion), it's clear that both he and David Whitehouse are optimistic a CVA can be agreed. Quote Link to post Share on other sites More sharing options...
BEARGER 339 Posted May 14, 2012 Share Posted May 14, 2012 I got the opposite impression from the press conference. seemed pretty confident to me.He sure did give that impression. Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted May 14, 2012 Share Posted May 14, 2012 what did he say?GS, in that press conference he spoke about the rationale of creditors accepting a CVA, in particular about the HMRC, and he said it made sense for them to accept a CVA; they asked was he confident of that, and he said no, in the sense he wasn't hanging his hat on it. Quote Link to post Share on other sites More sharing options...
bluenose_72 198 Posted May 14, 2012 Share Posted May 14, 2012 Sounds like he's not counting his chickens and giving false hope. A CVA is possible but we shouldn't be expecting it. He wants us in Europe to maximise income so he will try his hardest to ensure we are only out of Europe for one season. Quote Link to post Share on other sites More sharing options...
WaltersGotStyle 160 Posted May 14, 2012 Share Posted May 14, 2012 It would be stupid to be smug about a CVA...It could rub the creditors up the wrong way. Quote Link to post Share on other sites More sharing options...
Skip 13 Posted May 14, 2012 Share Posted May 14, 2012 I got the opposite impression from the press conference. seemed pretty confident to me.Agree Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 14, 2012 Share Posted May 14, 2012 GS, in that press conference he spoke about the rationale of creditors accepting a CVA, in particular about the HMRC, and he said it made sense for them to accept a CVA; they asked was he confident of that, and he said no, in the sense he wasn't hanging his hat on it.I can't see us not getting a cva. Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted May 14, 2012 Share Posted May 14, 2012 As in the Record article, no name associated with this article, wonder why Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted May 14, 2012 Share Posted May 14, 2012 I can't see us not getting a cva.I agree, and I think some are hoping it is their exit strategy as well as ours. Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted May 14, 2012 Share Posted May 14, 2012 If he wasnt confident, then why would d and p have given him the keys. Scaremongering to incite the fans who use newspapers and the news as their only resource base, which is no fault of their own. Quote Link to post Share on other sites More sharing options...
1873bear 192 Posted May 14, 2012 Share Posted May 14, 2012 At least he has a plan b unlike tbk who thought they could secure a cva with pennies.....I'm sure he's playing the game surely if a cva fails the creditors will get almost nothing. Quote Link to post Share on other sites More sharing options...
Mckay 146 Posted May 14, 2012 Author Share Posted May 14, 2012 Its a joke how much of that was taken out of context..... Quote Link to post Share on other sites More sharing options...
Jack The Flipper 5,936 Posted May 14, 2012 Share Posted May 14, 2012 YAWNThe closer to the source you get your information from, the more accurate the information you receive will be.Why anyone would listen to SSN or the pathetic newspapers when we have a full news conference which is readily available - I do not know.Does the club mean so little to some fans that they have to have everything summed up in little sound bites in pathetic articles?My advice - listen to the source, make a decision and move on.Listening to the actual press conference made me feel quite confident about our future, so if the articles written by the press put such a slant on what was actually said as to undermine my previous opinion on the whole thing, it goes to show how pathetically inaccurate the reporting is.Therefore, why should we trust them with any other "information"?Not to be trusted - move on. Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted May 14, 2012 Share Posted May 14, 2012 As in the Record article, no name associated with this article, wonder whySurely it would have had to have been Keith Jackson; was he the one who asked that particular question or one relating to it? Quote Link to post Share on other sites More sharing options...
Mckay 146 Posted May 14, 2012 Author Share Posted May 14, 2012 Any quotes?He told the Daily Record: "No, we can't be confident. The major creditors, as everyone knows, are HMRC and Ticketus."Who could have imagined that Chelsea would beat Barcelona home and away? No one."On the same basis, we can't assume that HMRC and Ticketus are going to vote it through." Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted May 14, 2012 Share Posted May 14, 2012 YAWNThe closer to the source you get your information from, the more accurate the information you receive will be.Why anyone would listen to SSN or the pathetic newspapers when we have a full news conference which is readily available - I do not know.Does the club mean so little to some fans that they have to have everything summed up in little sound bites in pathetic articles?My advice - listen to the source, make a decision and move on.Listening to the actual press conference made me feel quite confident about our future, so if the articles written by the press put such a slant on what was actually said as to undermine my previous opinion on the whole thing, it goes to show how pathetically inaccurate the reporting is.Therefore, why should we trust them with any other "information"?Not to be trusted - move on.That ignorance you sum up is exactly the same ignorance the media play on. Media and politics if very similar in that respect. Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted May 14, 2012 Share Posted May 14, 2012 I don't know what to think over the CVA, there doesn't seem to be a clear answer on how much the creditors would gain from liquidation. Quote Link to post Share on other sites More sharing options...
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