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Whyte still wants his Millions


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FORMER Rangers owner Craig Whyte is preparing to claim millions of pounds from the remains of the old club that collapsed earlier this year.

The controversial businessman is hoping for a huge payout from the sale of the assets to new owner Charles Green's Sevco consortium.

Whyte told The Herald he believes the RFC Group he used to buy the club and pay off its £18 million debt – using future season ticket sales – held a valid security over the Ibrox outfit's assets sold to Mr Green for £5.5m.

If successful he will be placed ahead of other creditors when the remaining money brought in by the liquidation of the failed Rangers company is distributed.

Whyte said: "Everyone knows there was a security there. All these things are being dealt with."

A recent progress report by administrators Duff & Phelps showed the old company had around £2.3m of funds – although a further £2.8m is estimated to be owed through outstanding transfer fees and millions more could be realised from outstanding litigation.

The administrators were also pursuing an unquantified sum held by Uefa as a result of players participating in matches for their national teams.

In their report Duff & Phelps also said they believed Whyte's company was not owed anything.

London ticket agency Ticketus bought the season ticket rights from Whyte and is pursuing him for more than £20m paid to RFC Group to help him complete his disastrous takeover of Rangers. That money was used by RFC Group to pay off Rangers' £18m debt with Lloyds Banking Group.

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Why did he refuse to answer the question on how much money he made?

if he didnt make a penny and is looking at a loss he surely would have said so, to vindicate himself in a way.

but he just sort of smirked then refused to answer the question, when he was pushed on it, he went on a big deflection speach about how the only things that matters is rangers are still playing football.

we need to know how much money he made & how he made profit from this scandal.

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Even SCAPHISM would not be torture enough;

Scaphism is an Ancient Persian method of execution. According to Wikipedia, a naked person would be firmly fastened within a back-to-back pair of narrow rowboats (or in some variations a hollowed out tree trunk), the head, hands, and feet protruding from this improvised container. The condemned was forced to ingest milk and honey to the point of developing severe diarrhea, and more honey would be rubbed on his body so as to attract insects to the exposed appendages. They would then be left to float on a stagnant pond (or alternately, simply exposed to the sun somewhere). The defenseless individual’s feces accumulated within the container, attracting more insects, which would eat and breed within his or her exposed (and increasingly gangrenous) flesh. Death, when it eventually occurred, was probably due to a combination of dehydration, starvation and septic shock.

Plutarch writes that it took Mithridates 17 days to die by this method of execution.

That would be a nice way for 'bug eyes' to depart this world.

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Why did he refuse to answer the question on how much money he made?

if he didnt make a penny and is looking at a loss he surely would have said so, to vindicate himself in a way.

but he just sort of smirked then refused to answer the question, when he was pushed on it, he went on a big deflection speach about how the only things that matters is rangers are still playing football.

we need to know how much money he made & how he made profit from this scandal.

He received 27m from ticketus - he paid lloyds 18m. There 9m there.

He didn't pay any, or at least minimal money out.

He still received revenue.

The players took substantial pay cuts.

The staff took substantial pay cuts.

If he's not a tim, he's the very closest thing there is.

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FORMER Rangers owner Craig Whyte is preparing to claim millions of pounds from the remains of the old club that collapsed earlier this year.

The controversial businessman is hoping for a huge payout from the sale of the assets to new owner Charles Green's Sevco consortium.

Whyte told The Herald he believes the RFC Group he used to buy the club and pay off its £18 million debt – using future season ticket sales – held a valid security over the Ibrox outfit's assets sold to Mr Green for £5.5m.

If successful he will be placed ahead of other creditors when the remaining money brought in by the liquidation of the failed Rangers company is distributed.

Whyte said: "Everyone knows there was a security there. All these things are being dealt with."

A recent progress report by administrators Duff & Phelps showed the old company had around £2.3m of funds – although a further £2.8m is estimated to be owed through outstanding transfer fees and millions more could be realised from outstanding litigation.

The administrators were also pursuing an unquantified sum held by Uefa as a result of players participating in matches for their national teams.

In their report Duff & Phelps also said they believed Whyte's company was not owed anything.

London ticket agency Ticketus bought the season ticket rights from Whyte and is pursuing him for more than £20m paid to RFC Group to help him complete his disastrous takeover of Rangers. That money was used by RFC Group to pay off Rangers' £18m debt with Lloyds Banking Group.

Is this not an old story?

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Even SCAPHISM would not be torture enough;

Scaphism is an Ancient Persian method of execution. According to Wikipedia, a naked person would be firmly fastened within a back-to-back pair of narrow rowboats (or in some variations a hollowed out tree trunk), the head, hands, and feet protruding from this improvised container. The condemned was forced to ingest milk and honey to the point of developing severe diarrhea, and more honey would be rubbed on his body so as to attract insects to the exposed appendages. They would then be left to float on a stagnant pond (or alternately, simply exposed to the sun somewhere). The defenseless individual’s feces accumulated within the container, attracting more insects, which would eat and breed within his or her exposed (and increasingly gangrenous) flesh. Death, when it eventually occurred, was probably due to a combination of dehydration, starvation and septic shock.

Plutarch writes that it took Mithridates 17 days to die by this method of execution.

That would be a nice way for 'bug eyes' to depart this world.

Jesus , that's a nice wee way to go :matron: . Hope the wee cunt rots

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Even SCAPHISM would not be torture enough;

Scaphism is an Ancient Persian method of execution. According to Wikipedia, a naked person would be firmly fastened within a back-to-back pair of narrow rowboats (or in some variations a hollowed out tree trunk), the head, hands, and feet protruding from this improvised container. The condemned was forced to ingest milk and honey to the point of developing severe diarrhea, and more honey would be rubbed on his body so as to attract insects to the exposed appendages. They would then be left to float on a stagnant pond (or alternately, simply exposed to the sun somewhere). The defenseless individual’s feces accumulated within the container, attracting more insects, which would eat and breed within his or her exposed (and increasingly gangrenous) flesh. Death, when it eventually occurred, was probably due to a combination of dehydration, starvation and septic shock.

Plutarch writes that it took Mithridates 17 days to die by this method of execution.

That would be a nice way for 'bug eyes' to depart this world.

I'm tempted to ask how you happened on to this word and its God-awful meaning......but in all honesty, I'm too scared. :ohmy:

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