Frankie 8,570 Posted June 4, 2012 Share Posted June 4, 2012 I'd also emphasis the point that while it may be true that Green can't get the money together as it stands, he probably does have investors ready should certain issues be finalised. A risky strategy though - no doubt about it! He has a slight advantage in that D&P are under a lot of pressure to have shown they picked the right guy this time. As such, Green is perhaps being given some leeway he wouldn't normally have otherwise. 0 Quote Link to post Share on other sites More sharing options...
trueblue 64 57 Posted June 4, 2012 Share Posted June 4, 2012 I expect Green to complete. The sanctions are the biggest threat to this not happening. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted June 4, 2012 Share Posted June 4, 2012 PM had thrown Ticketus out but it remains to be seen what/if Kennedy would have been owed anything. Good deal or not, Green has said the club would be debt free and that wasn't strictly true. Unfortunately, as much as most of us want to believe he's the real deal, it's inconsistencies like that which make people suspicious. The guy or may not be the next owner but either way our support are entitled to ask certain questions given the annual investment (on top of any share issue) that we offer every season. That goes for any new owner. Debt free never means that you don't owe any money at all. Green's point was that we weren't going to be owing fortunes to the likes of HMRC. 0 Quote Link to post Share on other sites More sharing options...
caseyjones 0 Posted June 4, 2012 Share Posted June 4, 2012 Murray bought us with 6M bank loan, Mini would have had 10M ticketus debt. We owe Sevco 8.2M but no btc, stc, 18M Loyds, 24M ticketus or even £1 debt to the shyster, good deal IMHO. I find this use of whataboutery extremely tedious. Green should be judged on whether his deal is good for Rangers, not on whether it's less bad than someone else's plan. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,570 Posted June 4, 2012 Share Posted June 4, 2012 Debt free never means that you don't owe any money at all. Green's point was that we weren't going to be owing fortunes to the likes of HMRC. That's a strange interpretation of debt-free. I must use it the next time I visit the bank manager. Bank: Do you have any debt? Me: No, I'm debt-free... Bank: What about your car loan? Me: That doesn't count. Bank: Cool - here's £27million. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,570 Posted June 4, 2012 Share Posted June 4, 2012 PS: The bank guy's name was Masterton... 0 Quote Link to post Share on other sites More sharing options...
caseyjones 0 Posted June 4, 2012 Share Posted June 4, 2012 Debt free never means that you don't owe any money at all. Green's point was that we weren't going to be owing fortunes to the likes of HMRC. By definition, it does. There is a reason that he omitted to tell everyone that his deal involved a loan that we would pay back. What do you think that was? 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted June 4, 2012 Share Posted June 4, 2012 Celtic have been calling themselves debt free for years, but it's certainly not like they don't owe a penny. The main point of it is not having unsustainable an crippling debt. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted June 4, 2012 Share Posted June 4, 2012 By definition, it does. There is a reason that he omitted to tell everyone that his deal involved a loan that we would pay back. What do you think that was? His plans probably weren't in full motion then, and it's a a strategy used throughout football, it's not like Whyte using season ticket advances to buy the club. 0 Quote Link to post Share on other sites More sharing options...
caseyjones 0 Posted June 4, 2012 Share Posted June 4, 2012 Celtic have been calling themselves debt free for years, but it's certainly not like they don't owe a penny. The main point of it is not having unsustainable an crippling debt. What do Celtic have to do with it? 0 Quote Link to post Share on other sites More sharing options...
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