forlanssister

Yes as ordinary creditors as opposed to Ticketus's view that they were secured creditors and held property rights to the seats. For as much as I think Duff & Phelps are dodgy as f*&k I think they did what was required in this instance, I'm rather more puzzled as to why they did nothing to nullify the 'floating charge'.

That was under Scots Law, Ticketus v RFC Group Ltd will be under English jurisdiction, pretty sure action against Liberty Capital would be heard in England too even though they are registered in the BVI. Given how long commercial court cases can drag out just makes the fact that court proceedings haven't yet commenced all the more stranger.

Isn't Ferguson one of our multi-millionaire fans? He could invest some of the £2.5m tax free he got out of the EBT.

Green has no problem with accepting it, McCoist however does have a problem with it.

You have to remember it was Ticketus who effectively rumbled Whyte when they submitted the VAT repayment claim to HMRC. I don't think Ticketus are guilty of anything other than sheer greed and if they end up with f*&k all it will serve them right. In saying that I find it strange they haven't stared court proceedings against Whyte for the so called 'guarantees'.

Didn't approve that either though did they?

Had it been in their interests to approve a CVA then they would have, it wasn't so they didn't.

They waited till there was a CVA proposal and decided it held no value.

Generally on Whyte related matters he's been spot on (though not quite 100% of the time).

I have absolutely no idea.

NEW TWIST IN RANGERS FOOTBALL CLUB SAGA: DI STEFANO CALLS IN THE FBI http://ireport.cnn.com/docs/DOC-816272

From one of the few posters that's worth reading on the RTC

The Guardian the paper written by hypocrites for hypocrites......

The private buying of the shares is perfectly legal as demonstrated by the various attempts by would be buyers to obtain Whytes' shareholding.

Can't it's a powerpoint type presentation.

Click this link it will download without you having to visit FF http://forum.followfollow.com/attachment.php?attachmentid=377&d=1342451333

They want one this year! Should make for a very creative and interesting prospectus.

I doubt that considering the haste that they seem to be in to launch a share issue, even in times of bull markets and economic boom no SFL3 club is going to be valued at anything approaching £50m, institutional participation will be negligible at best and fans will not buy anything approaching £50m, personally I'd buy in the market as opposed to the floatation.

Agreed, the way some people viewed it as looking for £50m to sell up was simply plain wrong.

Sad thing is all things being equal we should be worth at least £50m.

Well my particular banning was the result of exposing Whytes' hiving off of the catering income to Close Leasing by posting copies of the MG05's from Companies House. FF merely deleted my thread but RST posted links to the documents an hour later. This was the only site where the thread stood unaltered, in fact it took a mod from here to get me unbanned at RM. This is a far more grown up site that ever RM or FF could ever be.

I've had one c*&t of a week but by f*&k that made me laugh !

I'd defer to Bluedell !

No but Lord Hodge ruled that they held 'no real or property rights over the seats'. Anyway their contract was with the soon to be defunct The Rangers Football Club plc.

I find this strange.