"Supposedly"? Pish! in the years leading upto Whyte they had reduced the debt from circa 30m to 18m. Plus he wiped out the board therefor clearly more overheads. It's funny timmy believes the bits Craig Whyte said that suited them eh? Held off? Are you forgetting he been trying to sell for years? And that the bank was forcing his hand? I know who Paul Murray is and I think you'll find he put together a rushed bid at the last minute but was told it was too late things had progressed with Whyte. So don't believe everything you read in the Internet!
Wow. There's nothing like deliberately misremembering things to suit your point, is there? Was that during the period that Lloyds put a man on the board to get the debt down? Was that during the same period that Walter said he was "working with one hand tied behind his back" whilst having the most expensive squad in the country? Was this during the time that the fans complained publicly about the man responsible for all of this ("The Enemy Within")? The person that reduced your debt was Donald Muir not David Murray and every Rangers fans group and the management team at the time gave him pelters for it.
Eh, what have I misremembered to suit my point? Infact, what is YOUR point? The facts I have stated are exactly that, facts. I don't see what your point is.
Allegedly it says on the HMRC website "we don't do CVA's" They will negotiate pre CVA, see Hearts, but I would guess there was no chance of a negotiation on 100 tax bill when Rangers offered around a 10th of that They may have negotiated on the 9m bill if the BTC didn't exist
There is a certain criteria that HMRC will deal with CVA's on, none of which Rangers qualified for. As soon as Murray sold Rangers to Whyte, we were ****ed.
Funny how Chappers ignores the stone-cold facts that you ran at a £4m loss during administration whilst having slashed costs. Why was the bank forcing his hand? They wanted to call in their debt because they feared the BTC would wipe you out and it'd become unrecoverable. Why did no-one come up with a better offer than Whyte? They were scared by the potential for BTC liability. And my point about Murray was not that he was ever likely to hold out for someone else, merely that if he had, liquidation would not have come about. And the reason he didn't hold out was ultimately the BTC.