Rangers share issue raises Â£22m

Gambol · Apr 13, 2013

DevAdvocate said: ↑

Don't say i'm not good to you, this is "One" view:

So What Did Happen?
As the Sun reported on Friday:-
Whyte will argue that he and Aidan Earley were the moneymen behind the move. Green transferred the assets — including Murray Park and Ibrox — to new company Sevco Scotland just days after sealing the deal. Whyte claims the assets were transferred ILLEGALLY because Green did not have the permission of Sevco 5088’s backers — himself and Earley. Sevco Scotland Ltd later changed its name to The Rangers Football Club Ltd.

Whyte’s London-based lawyers will demand up to Â£50million to cover Ibrox stadium and Murray Park training ground. If Whyte is successful and Green does not stump up, the assets will return to the original Sevco — which includes him.

Mr Green’s representative on 27[SUP]th[/SUP] June 2012 was quoted as saying:-
“For the avoidance of doubt, Sevco 5088 Limited bought the assets of the Rangers Football Club and then transferred them to Sevco Scotland Limited so that all the assets would be in the Scottish registered company that is Rangers FC.”

What is an Exclusivity Agreement ? An exclusivity agreement, also known as a lock-out agreement, is an agreement between parties which provides for certain restrictions on either or both for exclusivity in terms of supply of goods, services or other dealings, sometimes for a stipulated time period, to any other parties other than on the terms of the agreement. Such agreements are also commonly used during periods of important or sensitive negotiation between parties who are considering entering into important business arrangements with each other. The agreement sets out covenants and restrictions for a party to not engage in a particular business activity with third parties for a specified period of time.
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Ok. Reading aw that is on ma TO-DO list. Or bucket list. Dependant on ma health.

DevAdvocate · Apr 13, 2013

Gambol said: ↑

Ok. Reading aw that is on ma TO-DO list. Or bucket list. Dependant on ma health.
Click to expand...

Either way it does not for happy reading make.

Rangers share issue raises Â£22m

Gambol George Clooney's wee brother

DevAdvocate Gigging bassist

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Rangers share issue raises Â£22m

Gambol George Clooney's wee brother

DevAdvocate Gigging bassist

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