****e Taig WUM Thread

**Magic Laudrup 11** · 07/02/2012, 08:40 AM

Classic case of 'hate them more than love my team' syndrome

**Mind The Step** · 07/02/2012, 08:41 AM

Originally Posted by Medro Pendes:2251115

Tomorrows headlines;

Craig Whyte kicks cat to death for fun!

Craig Whyte, worse than Hitler?

Craig Whyte pushes child out of wheelchair!

Now you're just making stuff up

**Medro Pendes** · 07/02/2012, 08:41 AM

Originally Posted by Cossy

Craig Whyte and Rangers FC. The gift that keeps giving.

Do you mean silverware?

**Mind The Step** · 07/02/2012, 08:43 AM

Originally Posted by Medro Pendes:2251125

Originally Posted by Cossy

Craig Whyte and Rangers FC. The gift that keeps giving.

Do you mean silverware?

yeah Whyteys actions last season won you the league

**Go Go Yellowscreen** · 07/02/2012, 08:44 AM

Registrar Simmonds' ruling in the case appears to contradict the testimony Mr Whyte gave at Glasgow Sheriff Court in December 2011.

Registrar Simmonds ruled that "the assets of the company (Vital UK) were put out of the reach of the creditors on a somewhat dubious delayed basis".

The ruling continued: "Shortly after that Mr Whyte put the company into a members' liquidation disclosing promissory notes as an asset.

"This seems to me to be a self-seeking action with regard to the company. If this is too harsh, then the degree of recklessness shows Mr Whyte to be thoroughly unfit to be a director."

About a month before some of Vital UK's assets were shifted, another of Mr Whyte's companies, Pelcroft, allotted £600,000 worth of new shares - almost half of which went to an address in the Bahamas.

The future of Rangers

**anportmorbhoy** · 07/02/2012, 08:44 AM

Originally Posted by Medro Pendes

Do you mean silverware?

Indeed he does - i firmly believe thanks to Craig we are about to see a period of unparalleled success for Celtic

**Bib Fortuna's Maw** · 07/02/2012, 09:37 AM

So the guy has a history of taking over companies, putting their assets out of creditors reach and defaulting/liquidating.

He has claimed has has "planned for every eventuality for Rangers"

Why would this concern a bear, Timmy?

3IAR nae dough

Seriously, none of this worries you?

You'd rather just show defiance than hold the people responsible to task?

...And that, ladies and gentleman, is why you're in trouble

**SaTan's Evil Twin** · 07/02/2012, 09:39 AM

Huns in bunker mentality shocker?

**Medro Pendes** · 07/02/2012, 10:14 AM

Originally Posted by anportmorbhoy

Indeed he does - i firmly believe thanks to Craig we are about to see a period of unparalleled success for Celtic

Yeah but then you lot have been predicted a lot in the past 3 years.

Remember the Mowbray revolution?

Rab E Keane winning you the league?

Predicting Rangers would go to the wall every season

Predicting Rangers would sell all their decent players

...and yet here we are, 3IAR Champions.

You keep making predictions, we'll keep winning the league.

**Bib Fortuna's Maw** · 07/02/2012, 10:21 AM

Originally Posted by Medro Pendes

Yeah but then you lot have been predicted a lot in the past 3 years.

Remember the Mowbray revolution?

Rab E Keane winning you the league?

Predicting Rangers would go to the wall every season

Predicting Rangers would sell all their decent players

...and yet here we are, 3IAR Champions.

You keep making predictions, we'll keep winning the league.

Yeah, you tell Whyte and Murray and the people who are destroying the club you love.

Stick it to them, son

**MrT** · 07/02/2012, 10:48 AM

Whyte is not stupid. The biggest concern is what he sees as his preferred outcome; whether Rangers are at the core of his concerns or if it is his bank balance.

I fear the latter. Googly-eyed ****.

**Cossy** · 07/02/2012, 10:55 AM

I wouldn't be surprised if Whyte gets all this dosh out of the reach of creditors, lets Rangers go into liquidation and he then has a clean slate to start a new Rangers with some money behind it.

Whether he gets away with it remains to be seen.

**SuperStuKFC** · 07/02/2012, 11:29 AM

Hypothetically if Whyte has to face charges for his past illegal activities he would fail the SFA good guy to be a director test - who would then step in to fill the 10m annual operating loss (only 4.5m this year following Jelavic sale)? Is the other guy that was previously chatting about taking over rangers not on the board now? He could get rangers without the Lloyds debt although the HMRC bomb still ticking overhead.

**SaTan's Evil Twin** · 07/02/2012, 11:36 AM

Originally Posted by SuperStuKFC

Hypothetically if Whyte has to face charges for his past illegal activities he would fail the SFA good guy to be a director test - who would then step in to fill the 10m annual operating loss (only 4.5m this year following Jelavic sale)? Is the other guy that was previously chatting about taking over rangers not on the board now? He could get rangers without the Lloyds debt although the HMRC bomb still ticking overhead.

I think matters will have come to a head one way or t'other before the SFA get round to doing anything.

The other person, Ellis, didn't have the financial muscle to take over Rangers and unless he won the Euromillions recently he still doesn't.

Rangers didn't get £5.5m for Jelavic. They agreed on a deal of £5m + add ons with £3.5m paid up front.

The pertinent questions are:

- If Whyte stumped up £18m of his own money + £24m from Ticketus + £3.5m for Jealvic + the money for Bougherra and the freed up wages, where is it all?

- If he's already spent three seasons worth of season ticket money how is he going to keep Rangers going as a business concern after this summer? He either has to borrow more or go into Administration

- What does Whyte have to gain from all of this? As the BBC have shown, he is apt at putting money offshore in accounts that are difficult for the Court to get to. Is this where the money has gone?

**Magic Laudrup 11** · 07/02/2012, 11:42 AM

Originally Posted by SaTan's Evil Twin

I think matters will have come to a head one way or t'other before the SFA get round to doing anything.

The other person, Ellis, didn't have the financial muscle to take over Rangers and unless he won the Euromillions recently he still doesn't.

Rangers didn't get £5.5m for Jelavic. They agreed on a deal of £5m + add ons with £3.5m paid up front.

The pertinent questions are:

- If Whyte stumped up £18m of his own money + £24m from Ticketus + £3.5m for Jealvic + the money for Bougherra and the freed up wages, where is it all?

- If he's already spent three seasons worth of season ticket money how is he going to keep Rangers going as a business concern after this summer? He either has to borrow more or go into Administration

- What does Whyte have to gain from all of this? As the BBC have shown, he is apt at putting money offshore in accounts that are difficult for the Court to get to. Is this where the money has gone?

Has anyone of thought of checking under his mattress?