[soi 2]

I don't think you'll find many Rangers supporters calling for Scottish independence...

Seems Craig Whyte has fled the country, trouble is these asset stripping owners/chancers can get away with it with teams with a less fanatical support but Whyte must have a death wish to try it at Rangers.

If the taxman wins the case then a lot of English clubs are next.

[soi 2]

It's weird the big tax case wasn't the thing that finished Rangers. Losing it would have, but it hadn't gone to court. David Murrays lawyers were optimistic of a favourable outcome to it. They reckoned Rangers had a good chance with it.

It's the unpaid VAT/ PAYE tax since Whyte took over that put Rangers into administration. Rangers income this year should be enough to stay afloat and pay all bills.

So does make you wonder whats Whyte done with all this money ? Where is it ? What's he planning to do with it ? No one knows what's going on apart from Whyte.

[soi 2]

Administrators probe 'missing' £24 million.

http://www.bbc.co.uk/news/uk-scotlan...-west-17067141

Has Craig Whyte the audacity to sell four years of season tickets, then go into administration and lose the money ?

[tom]

Originally Posted by soi 2

Administrators probe 'missing' £24 million.

http://www.bbc.co.uk/news/uk-scotlan...-west-17067141

Has Craig Whyte the audacity to sell four years of season tickets, then go into administration and lose the money ?

He's obviously worked the administration angle (not paying 9 million VAT and tax) to enable him to fuck-off the unsecured creditors i.e. everyone bar himself, and then sell on the new debt-free Blue Nosed Bastards Ltd, or whatever the new entity will be called. Not very nice, but it appears he has a strong hand and couldn't give a toss about Rangers FC per se. Not much different from the Glazers or Fenway really - except that he's skint and tends to fuck-up a lot.

[soi 2]

http://www.dailymail.co.uk/sport/foo...v-230-000.html


Under-fire Craig Whyte faces allegations he cashed in a piece of Rangers history in the latest twist to the financial crisis.
The embattled owner allegedly flogged 16 shares in Barclays Premier League side Arsenal for £230,000 to a consortium called Red and White, fronted by Alisher Usmanov, before he placed the club into administration last week.

The shares formed a historic link between the two clubs dating back 102 years when Arsenal had their own money problems.
It’s believed Rangers attempted to help out by buying two shares in Woolwich Arsenal because their manager, George Morrell, had previously worked for the Ibrox club.
Around 20 years later, a resurgent Arsenal gifted Rangers a further 14 shares in return for their support.

But Whyte ignored their sentimental value when he sold the shares for £14,375 each to Usmanov, who owns a 27 per cent stake in the Gunners worth £198m, reports The Daily Record.
Whyte then blocked a move for the cash to be paid into the Rangers bank account, demanding instead it stayed lodged in one of his own companies, Pritchard Stockbrokers in Bournemouth.

Pritchard’s assets have now been frozen on the orders of the Financial Services Authority and Rangers’ administrators, Duff and Phelps, may attempt to recover the missing money as they seek to clean up the financial mess at Ibrox.

What a shady bastard.

Wouldn't like to be in Craig Whytes shoes when some pyscho Rangers fans meet up for a discussion

[Fork Handles]

Originally Posted by ROLAND

Wouldn't like to be in Craig Whytes shoes when some pyscho Rangers fans meet up for a discussion

Forgotten his name, but there was a Rangers lad used to drink in Catz. About 5 feet nothing in every direction. Had something of a reputation.


Edit: Derek. Hard nut.

[Frankie]

^^^
Looking at Soi 2 posts/link above.

Most football clubs will try and create the most tenous of "traditional" links.

Maybe I was unware of this but as far as I knew Arsenal and Rangers were NEVER connected.

Just now it seems one club helped the other survive many years ago. Seems strange to me?

[soi 2]

I'd never heard of Rangers owning any shares in Arsenal. Even if it was a nominal amount. Rangers fans have no connections at all with Arsenal. If any English team has some affection from Rangers fans it would be Chelsea. The issue here though is, Craig Whyte selling them and the money disappearing.