forlanssister 3,114 Posted February 14, 2012 Share Posted February 14, 2012 That is a completly seperate issue and in effect would lead to SDM basically having to come back , my point is that Ticketus have no claim on their money once we go into administration , what Whyte did with it is bye the bye in that regard You're way off the mark. Whyte is trying to use his floating charge to appoint administrators. HMRC are disputing the validity of that charge to appoint their own administrator. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,266 Posted February 14, 2012 Share Posted February 14, 2012 You're way off the mark. Whyte is trying to use his floating charge to appoint administrators. HMRC are disputing the validity of that charge to appoint their own administrator. I know that , but what has that to do with the Ticketus deal , they just become another creditor 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,679 Posted February 14, 2012 Author Share Posted February 14, 2012 That is a completly seperate issue and in effect would lead to SDM basically having to come back , my point is that Ticketus have no claim on their money once we go into administration , what Whyte did with it is bye the bye in that regard I'm not sure that it is a seperate issue and it wouldn't necessarily mean that SDM would have to come back. Whyte claimed that Ticketus had the money secured on assets on one of his other companies. We don't know what one but Ticketus are part of a large financial group and you wouldn't expect them to have worthless security, but who knows. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,266 Posted February 14, 2012 Share Posted February 14, 2012 I'm not sure that it is a seperate issue and it wouldn't necessarily mean that SDM would have to come back. Whyte claimed that Ticketus had the money secured on assets on one of his other companies. We don't know what one but Ticketus are part of a large financial group and you wouldn't expect them to have worthless security, but who knows. From what I have been told by my mate in the press their understanding is that if CW breached his agreement on buying the club SDM would be required (not forced I agree ) to take back control , again this is a seperate issue from the Ticketus money , it was not secured against Rangers 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,665 Posted February 14, 2012 Share Posted February 14, 2012 Rangers have until 3.30pm today to appoint their administrators or the HMRC case stands. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,266 Posted February 14, 2012 Share Posted February 14, 2012 Weve won the administrator bit , get moving Whyte , 3.30 and counting 0 Quote Link to post Share on other sites More sharing options...
rbr 1,266 Posted February 14, 2012 Share Posted February 14, 2012 Frankie this is a massive victory if CW can get an administrator in place by the alloted time 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,665 Posted February 14, 2012 Share Posted February 14, 2012 Frankie this is a massive victory if CW can get an administrator in place by the alloted time Agreed. I'd have thought this was now a formality but you never know. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted February 14, 2012 Share Posted February 14, 2012 Frankie this is a massive victory if CW can get an administrator in place by the alloted time The end of The Rangers Football Club plc is a massive victory? 0 Quote Link to post Share on other sites More sharing options...
54andcounting 0 Posted February 14, 2012 Share Posted February 14, 2012 .....get moving Whyte , 3.30 and counting Can I change my username to that? 0 Quote Link to post Share on other sites More sharing options...
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