Gio Di Stefano has Got his Rangers Share

[pete 2,499]

Hell hath no fury like a woman scorned.

[Guest Dutchy]

Ah! I see you've been scorning women yourself pete, hence your knowlede of the reaction. lol

[Daniel Amokachi 0]

http://news.bbc.co.uk/sport1/hi/football/teams/d/dundee/3419865.stm

[der Berliner 3,744]

Daniel, we don't want to give the BBC any more clicks than necessary, will we?

 

Di Stefano steps down

 

Last Updated: Thursday, 22 January, 2004, 11:52 GMT

 

Giovanni di Stefano has called upon the Marr brothers to follow his example and resign from the board of Dundee.

 

The controversial lawyer has stepped down ahead of the debt-stricken club's annual general meeting, scheduled for 15 February.

 

Dundee, who went into administration in November with debts of around £20m, have also lost the services of commercial manager Jim Connor.

 

Meanwhile, administrator Tom Burton is talking with a consortium of Lithuanian businessmen with a view to buying the club.

 

The Lithuanians want to use Dens Park to showcase talent from the Baltic state.

 

Di Stefano appeared as a self-titled saviour of Dundee in August and offered to invest £26m to save the club but his position as a director was never ratified by the Scottish Football Association.

 

The Anglo-Italian businessman helped bring in big-name players Craig Burley and Fabrizio Ravanelli, but they, along with 13 other players, were sacked by the club when they were placed in administration.

 

At the end of December, he offered to buy Dens Park, while he also announced that he had formed Dundee City Football Club Ltd to take the place of Dundee should they become extinct.

 

Di Stefano has now called on club owner and chief executive Peter Marr and his brother Jimmy, the chairman, to step down so new owners can move in.

 

"I call upon both Peter and James Marr to resign and to assume the liabilities incurred by their management into their own private companies," said Di Stefano.

 

"And allow the club to survive under the management of whoever seeks to advance football at Dundee.

 

"It has been stated by both Peter and James Marr that my remaining on the board of directors precluded the club from obtaining short, medium and long-term finance. I have no doubt such is not the case.

 

"Nevertheless, no opportunity must be waived in the quest for the club to survive. We shall now indeed see if any other investors truly do come forward."

 

45-year-old Connor, who joined the club in 1996, is to join accountancy firm Avantis Sports Solutions.

 

This article in 8 years old, BTW. Not sure what your aim was with this article, Daniel, but while he may be a failure in this field above, who says that he's a failure as a lawyer too?

[forlanssister 3,114]

we?

This article in 8 years old, BTW. Not sure what your aim was with this article, Daniel, but while he may be a failure in this field above, who says that he's a failure as a lawyer too?

 

He has no legal qualifications, he most definitely isn't a lawyer.

[UCF2008 0]

He has no legal qualifications, he most definitely isn't a lawyer.

 

He's more of a conspiracy theorist and 'truth' seeker. Not quite Jesse Ventura, but so long as his investigations and legal foray's on behalf of our club don't impede justice being served, I don't see the harm in what he's doing so far.

[Steve1872 4]

GIOVANNI DI STEFANO‏@DEVILSADVOKAT

 

The Craig Whyte conversation will be online later today

[ian1964 10,724]

He's more of a conspiracy theorist and 'truth' seeker. Not quite Jesse Ventura, but so long as his investigations and legal foray's on behalf of our club don't impede justice being served, I don't see the harm in what he's doing so far.

 

Absolutely,the more digging he does the better for Rangers,keep up the good work Gio

[Blue Moon 1,289]

C W story now up.

 

GIOVANNI DI STEFANO‏@DEVILSADVOKAT

 

THE CRAIG WHYTE SHORT STORY AND A CONVERSATION IN MONACO By Giovanni Di Stefano and Tiina Paivarinta http://eturnkeysec3340002378c9.users.site2you.com/content/sitenewsreadmore/infobox/news/template/default/active_id/1027

[ian1964 10,724]

Craig Whyte does not on the face of it seem to have a care in the world. The “ex” owner of Rangers Football Club has seen his companies fail, Rangers drooped to Division 3 if the SFA grant a license to play football, and a police probe in Scotland and New York and worse than all his marriage fall apart.

 

Yet of late he has been enjoying himself in Monaco a place that not so long ago had made him a persona non grata over certain shady business dealings with a Russian Oligarch.

 

He ‘escaped’ Scotland in 2000 when his company Vital UK fell apart and took refuge in Monte Carlo. He married his then wife Kim in a luxurious ceremony in Miami even though at the time he was not eligible for a US Visa having failed to declare to the INS that he had been arrested three times in the past.

 

 

Nevertheless, his life in Monaco was one of glitz and glamour all paid for with the proceeds of a number of frauds and companies failing. He attended the glamorous Red Cross Annual Ball and was seen in the company of rich and powerful people.

 

Then at the Beach Club on the invisible border between Monaco and France he made a fatal mistake of trying to induce a Russian Oligarch into one of his usual ‘get-rich-quick’ deals. Craig Whyte got rich whilst the Russian lost nearly $2 million dollars but it was not the loss that mattered to the Russian.

 

It was the fact that he had been made to look a fool.

 

Craig Whyte promised that the Russian would be reimbursed but it would be a few years before that actually happened and with the money from Rangers Football Club PLC.

 

Whyte realised that he simply had to leave the luxury of Monte Carlo and fled to a country with no extradition with the European Union: - Costa Rica. But even there his ability to induce people into parting with money flourished. A real estate company headed by the wife of an ex Minister of Foreign Affairs of Italy suffered and Whyte was even able to infiltrate a fraud perpetrated by top Italian fraudster Tiziano Mugnaio in Cuba.

 

Mugnaio was caught in Cuba sentenced to a substantial term of imprisonment but in January of this year was pardoned by Fidel Castro in a general amnesty. He was however, thrown on a private jet headed to Italy where the Italian Police were awaiting his arrival at Fiumicino Airport.

 

 

 

 

 

 

He now sits in jail in Civitavecchia serving the sentence of 4 years 3 months that he had evaded 11 years previously. His story will be interesting in due course as he will certainly be a person the Scottish Police and FBI will want to interview for the general background into Craig Whyte.

 

 

 

 

Whyte’s usual bolthole of Monaco is not one chosen at random. Monaco being within the Council of Europe but not a member of the European Union any attempt at extradition is not quite as easy as would be for a fellow EU member.

 

The Monaco Bar is restricted to a handful of lawyers and time limits can be years rather than days. Bail within the Principality is common providing a cash sum is deposited. In fact in Monaco all that counts is money.

 

 

 

 

When Craig Whyte returned to Monaco in 2006 after a spell away for his own safety he used monies that he had accumulated in Costa Rica to partly repay the Russian Oligarch and with substantial interest.

 

The balance was paid in January 2012 partly from an account at HSBC and SocGen in Monaco both banks that have of late received penalties for irregularities.

 

 

 

Having unceremoniously dumped his ever suffering wife and children and refusing even to pay the minimum of maintenance whilst he spends almost £2000 per day on accommodation at Hotel De Paris, L’Ermitage and Le Meridien to ensure that any ill-wisher does not know his nightly abode, occasionally even staying at the Carlton Inter-Continental in Cannes, his latest flame many years younger as is the custom in Monaco is deemed to be intelligent.

 

 

 

A close friend of Giovanni Di Stefano himself a one time resident of Monaco met Whyte quite by chance (but perhaps on purpose) at the Beach Club and obtained the following story from Whyte. Di Stefano’s close friend is now a retired investor living in the Hotel De Paris but had previously been a top Mossad agent.

 

Below is a verbatim note of the conversation with Whyte.

 

He said “When I was negotiating to buy the damn club the deal was basically that I had to pay the bank dent to Lloyds Bank of nearly £20m but that the bank had promised, and I have emails to prove, that as soon as the bank dent was repaid then the bank would grant an overdraft facility of the amount equal to what had been repaid. I knew that the cash flow was good and a player was sold so the company had a lot of cash not all of it in the company bank account some of it in side companies but there was a good few millions so although Rangers owed money it also had money. Anyway MCR the wide boys I used to help me get Rangers and other stuff put me on to one of their friends clients that would loan me like £30 million short term and that once I paid the bank then the bank would give us the same amount back by overdraft. The crafty bastards of course would charge a hellova lot more in interest for OD than for a loan but as Rangers had lots of money coming in it was OK I thought I could do it. MC ha they even did deals in MC (get it Monaco) fixed it all up and got the first tranch and I think we paid Lloyds something like £19m or £20m and then another £10m which I was a bit pissed off over because half of that I was going to give to the tax people although we only owed them few millions but had couple of legal cases that my lawyers said would be OK. The problem came when Lloyds the wankers not bankers suddenly backed out and I ended up in a screaming match because I was relying on them giving us the OD without that would be trouble. But the bank said that Head Office had refused to sanction or some stuff like that because the bank itself was having problems and could not be seen giving Scottish club money and they had refused couple of English clubs. So this ticket company were pushing for money and we had wages to pay and I managed to pay them a few million if they then gave it back as another loan but the greedy bastards asked for high interest and security which I had no choice but to give. Lloyds screwed me over they got their money back but if I had known they would back out of their deal, I mean I had it in emails, I would have found another bank to do that. You don’t know how this is all going to end because when I took the company over it was already well in the shit and had so much pressure and everyone looking at me and what I had done and yeah you know I had some companies that went down but nothing serious. MC then got took over but basically it was the same guys except that this time they kept harping on about being broke being broke and they know that way back I had a problem and at the end I just couldn’t take paying out any more money I did not have. You know the Russian here (XXXXXXXXX name withheld) who married to the English woman that now has kids but is out of favour in Russia I paid him what I owed and he helped out. I mean he got like three times what I owed so helping me out when he himself is in shite is great help. But I can’t do much so I will stay it out but the bank screwed me over and had I known I didn’t need to do the Rangers deal I was doing OK.”

 

 

 

That of course is what Craig Whyte said over a lunch and chilled bottle at the Beach Club near the sea.

 

It may be right or it may be partly right.

 

What is known is that David Murray certainly sold his shares in Rangers Football Club PLC to Wavetower Limited on the strict understanding that Wavetower Ltd would repay the Lloyds Bank debt at that time close to £20m but it also transpires that Lloyds held other accounts and those accounts were owing some £10m so all in all Craig Whyte may well be correct.

 

If the bank did renege on such a deal that Whyte alleges then Duff & Phelps (MCR BC as it then was) could well be held liable in negligence. But it is a typical move on banks of late making promises that ultimately they fail to keep.

 

But then if that is so the ultimate victim is RFC PLC. Craig Whyte was able to con one of the greatest fugitive offenders around at that time Tiziano Mugnaio.

 

It would seem poetic justice if Craig Whyte were himself duped by a British Bank save that Whyte lives in style in Monaco with a leggy blonde a foot taller than him whilst hundreds and thousands of shareholders and supporters face a life without a club that formed the SFA.