gunslinger 270 Posted May 24, 2012 Share Posted May 24, 2012 These are extremely serious allegations, and taken at face value, raise serious doubts concerning Duff & Phelps’ independence in the administration process. Roger Isaacs from the Institute of Chartered Accountants for England and Wales has claimed this is one of the starkest conflicts of interests he has ever seen means this now needs urgent investigation and the Rangers Supporters’ Trust will be writing to the appropriate agencies requesting a full investigation of Duff and Phelps’ role."The number one priority must still remain Rangers exit administration under new ownership and any action against Duff and Phelps should not destabilize this process.“However, Duff & Phelps need to be independently investigated by the appropriate professional and regulatory bodies. The evidence presented so far suggests that Craig Whyte, Collyer Bristow and representatives of Duff & Phelps were possibly involved in constructing a financial arrangement that is potentially illegal and has done irreparable damage to Rangers FC - no stone should be left unturned in the investigation." Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 24, 2012 Author Share Posted May 24, 2012 good luck with the thread I'm sure it will go as expected. Quote Link to post Share on other sites More sharing options...
elephants stoned 2,994 Posted May 24, 2012 Share Posted May 24, 2012 Fine, investigate away. After we have new owners and are safe. Glad to see even RST accept D&P will complete the job first. Quote Link to post Share on other sites More sharing options...
Rfc#1. 1,877 Posted May 24, 2012 Share Posted May 24, 2012 I don't think we should hang them out to dry because of a tv show but an independent look at everything wouldnt go amiss.Edit:I don't want anything holding up a cva/ sale. Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted May 24, 2012 Share Posted May 24, 2012 Who are the RST? They don't represent me.Although even they see changing administrators right now would be damaging. Quote Link to post Share on other sites More sharing options...
TheLawMan 6,240 Posted May 24, 2012 Share Posted May 24, 2012 I agree they have to be investigated but im quietly confident with their response that the evidence doesnt stack up the way it was portrayed last night.The statement from D&P and Grier today stacks up in my book, though would still like some verification Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted May 24, 2012 Share Posted May 24, 2012 These are extremely serious allegations, and taken at face value, raise serious doubts concerning Duff & Phelps’ independence in the administration process. Roger Isaacs from the Institute of Chartered Accountants for England and Wales has claimed this is one of the starkest conflicts of interests he has ever seen means this now needs urgent investigation and the Rangers Supporters’ Trust will be writing to the appropriate agencies requesting a full investigation of Duff and Phelps’ role."The number one priority must still remain Rangers exit administration under new ownership and any action against Duff and Phelps should not destabilize this process.“However, Duff & Phelps need to be independently investigated by the appropriate professional and regulatory bodies. The evidence presented so far suggests that Craig Whyte, Collyer Bristow and representatives of Duff & Phelps were possibly involved in constructing a financial arrangement that is potentially illegal and has done irreparable damage to Rangers FC - no stone should be left unturned in the investigation."How many shares do the rst have do you know because i don't know how much influence they have left.Would a letter from them do any good.Not belittling, just do not know the answer. Quote Link to post Share on other sites More sharing options...
WVB 2,560 Posted May 24, 2012 Share Posted May 24, 2012 "The number one priority must still remain Rangers exit administration under new ownership and any action against Duff and Phelps should not destabilize this process."I applaud the RST for this. Quote Link to post Share on other sites More sharing options...
Blue Army Faction 28 Posted May 24, 2012 Share Posted May 24, 2012 "The number one priority must still remain Rangers exit administration under new ownership and any action against Duff and Phelps should not destabilize this process.The only priority is getting Rangers out of administration, subsequent investigations and actions must not get in the way of saving our football team. Quote Link to post Share on other sites More sharing options...
The Godfather 71,741 Posted May 24, 2012 Share Posted May 24, 2012 I welcome a full investigation into everything and people who have been calling for D&P to leave should take note nothing has been proven. I feel their responce to last nights BBC program and the fact the courts appointed them is a good reason not to foam at the mouth in anger at this moment in time. We still have a CVA to get done and dusted! Quote Link to post Share on other sites More sharing options...
Johnny Hubbard 280 Posted May 24, 2012 Share Posted May 24, 2012 D&P are saying the email BBC has about their contact with Ticketus refers to the clubs previous use of Ticketus and has nothing to do with the takeoverBBC didn't comment on this in the programme that I can remember Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 24, 2012 Author Share Posted May 24, 2012 How many shares do the rst have do you know because i don't know how much influence they have left.Would a letter from them do any good.Not belittling, just do not know the answer.100k ish probably. Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 24, 2012 Share Posted May 24, 2012 I welcome a full investigation into everything and people who have been calling for D&P to leave should take note nothing has been proven. I feel their responce to last nights BBC program and the fact the courts appointed them is a good reason not to foam at the mouth in anger at this moment in time. We still have a CVA to get done and dusted!The court didn't appoint them, Rangers did. HMRC petitioned, unsuccessfully, for a court appointed administratorHow many times will people use this crock of shit to firm up their argument? Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted May 24, 2012 Share Posted May 24, 2012 The court had to approve them, basically the same thing. Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted May 24, 2012 Share Posted May 24, 2012 100k ish probably.Sorry, I meant as a percentage of the overall mate but cheers for that. Quote Link to post Share on other sites More sharing options...
The Godfather 71,741 Posted May 24, 2012 Share Posted May 24, 2012 The court didn't appoint them, Rangers did. HMRC petitioned, unsuccessfully, for a court appointed administratorHow many times will people use this crock of shit to firm up their argument?The court could easily have said no and appointed their own administrators…..guess what it? It didn’t happen. Quote Link to post Share on other sites More sharing options...
ray 105 Posted May 24, 2012 Share Posted May 24, 2012 These are extremely serious allegations, and taken at face value, raise serious doubts concerning Duff & Phelps’ independence in the administration process. Roger Isaacs from the Institute of Chartered Accountants for England and Wales has claimed this is one of the starkest conflicts of interests he has ever seen means this now needs urgent investigation and the Rangers Supporters’ Trust will be writing to the appropriate agencies requesting a full investigation of Duff and Phelps’ role."The number one priority must still remain Rangers exit administration under new ownership and any action against Duff and Phelps should not destabilize this process.“However, Duff & Phelps need to be independently investigated by the appropriate professional and regulatory bodies. The evidence presented so far suggests that Craig Whyte, Collyer Bristow and representatives of Duff & Phelps were possibly involved in constructing a financial arrangement that is potentially illegal and has done irreparable damage to Rangers FC - no stone should be left unturned in the investigation."Can we possibly have the name(s) of the signatories so they also can be filed under quislings and bbc lackeys. Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 24, 2012 Share Posted May 24, 2012 The court had to approve them, basically the same thing.It's not the same thing at all. Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted May 24, 2012 Share Posted May 24, 2012 It's not the same thing at all.What is the difference then? Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 24, 2012 Author Share Posted May 24, 2012 Sorry, I meant as a percentage of the overall mate but cheers for that.oh very small. less than 1 for sure. a lot less. Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted May 24, 2012 Share Posted May 24, 2012 oh very small. less than 1 for sure. a lot less.So its basically a good idea but pie in the sky then Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted May 24, 2012 Share Posted May 24, 2012 John Macmillan, of Rangers Supporters' Association, said: "Virtually every fan is unhappy with their performance."Asked if supporters of the Ibrox club had faith in the company, Macmillan added: "No, absolutely not."I think Duff & Phelps' handling of this adminstration has been a shambles from day one. Another shitebag who claims to speaks for the fans then. Quote Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted May 24, 2012 Share Posted May 24, 2012 Rst? Let's kick d&p but let's trust them to do a Cva first - surely you either trust them or not - an enquiry after a sale seems bizzare Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 24, 2012 Share Posted May 24, 2012 The court could easily have said no and appointed their own administrators…..guess what it? It didn’t happen.In the space of two posts you have gone from saying that D&P were appointed by the court, to saying that they were not. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted May 24, 2012 Share Posted May 24, 2012 The mighty rst nowadays Quote Link to post Share on other sites More sharing options...
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