forlanssister

Because what the Record claims HMRC are investigating began while the previous board were still in place, nothing out of the ordinary in HMRC questioning the previous board regarding this matter.

It's because he already holds the (lengthy) lease and new legislation gives him the right to buy the freehold for a pittance, it's not all it first appears.

Sandy Jardine told all those present that if the press asked they were to say John Greig was on holiday, which he wasn't. It was Greig's choice not to attend, he didn't attend a signing session they held the previous week either.

As poor as Wylde was today playing him on the right wing to accommodate a left back at left wing an does both players absolutely no favours.

Just before Weir originally signed for us West Brom offered him £17k pw (basic).

When we played FC Zeta in Podgorica, Barry Ferguson was interviewed at pitch-side by Kheredine Idessane who was wearing and I kid you not an official BBC Celtic v Porto, Seville 21/05/2003 commemorative Polo Shirt.

As far as I'm aware you are indeed correct.

Got you now! Don't think there was any intentional to mislead on this occasion. ( not like me to defend Whyte !! :surprised: ) I found this remark quite interesting, it reads like they're taking the matter very seriously maybe it's a lot more problematic than a mere "technicality"?

By the intents and purposes of the rules we are the 'issuer' the Corporate Advisor stuff is irrelevant.

That's what happened today they withdrew the trading facilities for our shares.

http://www.plus-sx.com/infostore/New-Applications/IssuerRules.pdf

It also removes a layer of corporate governance and some limited protection for the 26,000 shareholders that aren't named Craig Whyte.

There's also a difference between what's good for Rangers and what's good for Craig Whyte and he's made it pretty clear whose interests come first.

I expect him to say "I'm busting my balls to try and keep this club, it's history and traditions alive and I will not allow this club to be liquidated."

If Bears don't take their head out of the sand after the "current custodian" basically said he doesn't give a f*&k about the last 140 years what hope is there?

Take a look at Whyte's track record there's absolutely nothing there to suggest he could/would save RFC, however there's ample evidence of him going down the liquidation route.

Absolutely, Murray was the one who bludgeoned us with a blunt instrument (EBT's) leaving us clinging on to a life support system but Whyte will be the one who flicks the switch and pulls the plug out of the socket without so much as a hint of a tear.

The shareholders circular uses the term "insolvency event" liquidation is most certainly an "insolvency event".

But what is good for Whyte will prevail the rest of shareholders, bondholders et al will be told to go f*&k ourselves. Whyte will need to convince the fans that all's well and we're still the Rangers while simultaneously convincing all other creditors including HMRC that the 'newco' is absolutely nothing to do with Rangers, could make for some very interesting discussions in the not to distant future.

It's our old friends the Bank of Scotland (now LBG) who hold the security over his castle! ( I know!, I know!....:wub:)

I think we could assume the wording of the shareholder circular to be not worth either the paper or the pixels it's written on..... (e) The Rangers FC Group is to contribute to the Club the amount required to meet a liability owed by the Club to HM Revenue & Customs in relation to a discounted option scheme tax; .....being a prime example.

Well Whyte could just settle any bills as they fall due, what odds would a bookie offer for that outcome ? He could attempt a CVA but the odds of HMRC agreeing to take one up the arse in the current climate are between pretty slim and non existent. He could appoint a Liquidator and form a newco, that would be where the fun really starts!

Liquidation was inevitable the moment he handed over his £1, his business history consists entirely of liquidating companies they are all 'sum of the parts' deals, there isn't a single example of him successfully running a company then selling it on for a profit.

Of course if he pulls the plug and appoints a liquidator he doesn't need to publish audited accounts or have an AGM where he may face some very awkward questions.

Has he actually put pen to paper ?