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Gio Di Stefano has Got his Rangers Share


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Regarding the reply by the administrators:

 

1. On 14 February 2012 the Company was insolvent in accordance with criteria set down in S.123 of the Insolvency Act 1986, as quite simply, it was unable to meet its liabilities as they fell due. Principally, liabilities of in excess of £12m were due to HM Revenue and Customs in respect of arrears of PAYE/NIC for the tax year 2011/2012, notwithstanding a number of other liabilities both liquidated and contingent.

 

Does this line actually confirm the amount of "due debt" which sent us into administration. As opposed to any number being mentioned from 55m upwards? For while the latter was there and the EBT decision to come, it was not money that actually led the club into administration?

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Regarding the reply by the administrators:

 

 

 

Does this line actually confirm the amount of "due debt" which sent us into administration. As opposed to any number being mentioned from 55m upwards? For while the latter was there and the EBT decision to come, it was not money that actually led the club into administration?

 

It was the unpaid PAYE/NI that put us into Administration. Whyte stated that he was going to look into Administration, HMRC forced his hand!!! The £55m was total debt owed by the club, but without the HMRC stuff, it was manageable.

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Regarding the reply by the administrators:

 

 

 

Does this line actually confirm the amount of "due debt" which sent us into administration. As opposed to any number being mentioned from 55m upwards? For while the latter was there and the EBT decision to come, it was not money that actually led the club into administration?

 

at that time its essentially all we owed.

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@DEVILSADVOKAT why would #rfc accept an illegal ban? What am I missing here ?

GIOVANNI DI STEFANO let's see what happens in Italy today

 

@DEVILSADVOKAT i wonder why Charles green is in Italy do you know why?

GIOVANNI DI STEFANO yes discussing situation with aurelio

 

@DEVILSADVOKAT GIO do you reckon that rangers could be gettin bought over again very shortly ? keep up the good work mate #WATP

GIOVANNI DI STEFANO I don't know if "rangers" can be bought but certainly Sevco could well be whether it has a valid claim on "the club known as Rangers" is another story and may well be a matter for the courts but if Aurelio does buy Sevco it will not be an issue I would contest as a shareholder so we see.

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GIOVANNI DI STEFANO‏@DEVILSADVOKAT

 

Seems that mr Craig Whyte may well now tell his side of the story even though by doing so may well prejudice his position

 

GIOVANNI DI STEFANO‏@DEVILSADVOKAT

 

And he has made the classic mistake of most once upon a time rich men... Under estimated his wife... As all will see in due course

 

If there were any truth in this, how good would that be?

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