269miles Posted March 2, 2012 Share Posted March 2, 2012 Seems as if they are more interested in chasing money from Walter Mitty than making the Cull. http://www.bbc.co.uk...otball/17232197 Best of luck with that one So , it's like this : Rangers Craig Whyte's administrators are pursuing the club's owner Craig Whyte for up to ?9m in money that was contractually promised at the time of his May 2011 takeover. Lawyers acting for Duff & Phelps, who were appointed as administrators on 14 February who helped Whyte buy the club in the first place , have gained a court order to seize a preliminary ?3.6m from Whyte's solicitors Collyer Bristow. Absolutely no conflict of interest there. No sir. Link to comment Share on other sites More sharing options...
colinmaroon Posted March 2, 2012 Share Posted March 2, 2012 Douglas Fraser - #Rangers player cuts: an announcement now looks unlikely before Monday. This is taking the "Beattie" ploy to ridiculous lengths! Link to comment Share on other sites More sharing options...
Munch Posted March 2, 2012 Share Posted March 2, 2012 Some huns are still hanging on to every word CW Says and to think they called him the " Ghost " in this article. http://www.dailyrecord.co.uk/football/spl/rangers/2011/05/07/craig-whyte-i-m-looking-forward-to-making-rangers-a-leading-force-in-football-86908-23113156/ I Think CW Tells Lies Link to comment Share on other sites More sharing options...
hawaii Posted March 2, 2012 Share Posted March 2, 2012 Out of contract this summer = Papac, Healy, Aluko, Wylde, Little, Kerkar & Bartley. Surely to god Bartley should have been shipped back to Arsenal before now? Comedy gold that Broadfoot & McCulloch still have another year left - genius contractal decision Link to comment Share on other sites More sharing options...
colinmaroon Posted March 2, 2012 Share Posted March 2, 2012 It is, I am confusing my orcs with my goblins. Rangers FC - the Balrog of the Darkest Mines of Govan Link to comment Share on other sites More sharing options...
Munch Posted March 2, 2012 Share Posted March 2, 2012 Out of contract this summer = Papac, Healy, Aluko, Wylde, Little, Kerkar & Bartley. Surely to god Bartley should have been shipped back to Arsenal before now? Comedy gold that Broadfoot & McCulloch still have another year left - genius contractal decision Clubfoot will be away in the first wave of the Cull Link to comment Share on other sites More sharing options...
rossthejambo Posted March 2, 2012 Share Posted March 2, 2012 Out of contract this summer = Papac, Healy, Aluko, Wylde, Little, Kerkar & Bartley. Surely to god Bartley should have been shipped back to Arsenal before now? Comedy gold that Broadfoot & McCulloch still have another year left - genius contractal decision I'm stunned he's not already, especially considering he's injured as well. Link to comment Share on other sites More sharing options...
hawaii Posted March 2, 2012 Share Posted March 2, 2012 I'm stunned he's not already, especially considering he's injured as well. His loan fee payments could surely save someone's job at Ibrox for a year, and I hate to think how much Papac earns a week. Surely this must be the first time administrators are doing deals with players & management - don't they just normally get sacked? How many non football playing staff at Ibrox will be made redundant just to appease Super Ally?? Link to comment Share on other sites More sharing options...
Boab Mugabe Posted March 2, 2012 Share Posted March 2, 2012 Statement coming up in the next half hour... :greggy: Link to comment Share on other sites More sharing options...
The Comedian Posted March 2, 2012 Share Posted March 2, 2012 Statement coming up in the next half hour... :greggy: moar misury plaz Link to comment Share on other sites More sharing options...
hmfc_steve Posted March 2, 2012 Share Posted March 2, 2012 Statement coming up in the next half hour... :greggy: from who ? Link to comment Share on other sites More sharing options...
Boab Mugabe Posted March 2, 2012 Share Posted March 2, 2012 Link to comment Share on other sites More sharing options...
Fermit the Krog Posted March 2, 2012 Share Posted March 2, 2012 (edited) . Edited March 2, 2012 by Crazy Harry Link to comment Share on other sites More sharing options...
Boab Mugabe Posted March 2, 2012 Share Posted March 2, 2012 from who ? The administrators. May be an update from them and no redudnancies announced, but worth finding out. Source: Sky Sports News Link to comment Share on other sites More sharing options...
Rudy T Posted March 2, 2012 Share Posted March 2, 2012 (edited) Rangers. Expect a statement that says absolutely nothing. Apparently the players are raging at the Admins after they used the good guy good guy "W***" good guy "W***" method to decide who stays and who goes ! Edited March 2, 2012 by Rudy T Link to comment Share on other sites More sharing options...
Hagar the Horrible Posted March 2, 2012 Share Posted March 2, 2012 Apparently the players are raging at the Admins after they used the good guy good guy "W***" good guy "W***" method to decide who stays and who goes ! That must have been good....W W W W W W GG W W W W W W W W W Link to comment Share on other sites More sharing options...
John McClure Posted March 2, 2012 Share Posted March 2, 2012 statment coming up in 5 to 10 minutes apparantly no mention of redundacies of players and staff according to they boy on skysports news just now Link to comment Share on other sites More sharing options...
hawaii Posted March 2, 2012 Share Posted March 2, 2012 The Sky Sports News boy outside Ibrox looks like he's dressed to go to a funeral. And in some respects... Link to comment Share on other sites More sharing options...
Fermit the Krog Posted March 2, 2012 Share Posted March 2, 2012 Something deeply dislikeable about that Charles Paterson tosspot. Link to comment Share on other sites More sharing options...
John McClure Posted March 2, 2012 Share Posted March 2, 2012 Something deeply dislikeable about that Charles Paterson tosspot. because hes a hun bassa, just like his co-worker jim white Link to comment Share on other sites More sharing options...
Dean Winchester Posted March 2, 2012 Share Posted March 2, 2012 That must have been good....W W W W W W W W W W W W W W W W Fixed that for you. Link to comment Share on other sites More sharing options...
Fermit the Krog Posted March 2, 2012 Share Posted March 2, 2012 As it's not about redundancies the statement can only be about the administrators chasing the 3.6m. Link to comment Share on other sites More sharing options...
Jezza Posted March 2, 2012 Share Posted March 2, 2012 Something deeply dislikeable about that Charles Paterson tosspot. He's a sound lad who is more into golf that football. My dad worked for his dads company (Paterson plumbers) for 30 years and knows Charles really well. Link to comment Share on other sites More sharing options...
Jezza Posted March 2, 2012 Share Posted March 2, 2012 because hes a hun bassa, just like his co-worker jim white No he's not. Link to comment Share on other sites More sharing options...
Fermit the Krog Posted March 2, 2012 Share Posted March 2, 2012 No he's not. Hibby? Link to comment Share on other sites More sharing options...
Jezza Posted March 2, 2012 Share Posted March 2, 2012 Hibby? He doesn't really follow a side in Scotland but used to go along to Tynie when he was a lad as his dad sponsored the matches occasionally. Statement time. Link to comment Share on other sites More sharing options...
Fermit the Krog Posted March 2, 2012 Share Posted March 2, 2012 DUFF and Phelps, the administrators of Rangers Football Club, issued the following statement today. Paul Clark, joint administrator, said: "We appreciate this has been an extremely difficult week for all the staff of Rangers Football Club and the supporters. "As administrators, we had anticipated completing our review of staffing levels and cost structure of the Rangers business this week but the participation of a number of players in international fixtures did interrupt the process. "In short, the Rangers business is trading at a substantial loss and we have no alternative but to fill an approximate ?4.5 million shortfall by the end of the season. It is therefore imperative that we find savings of approximately ?1 million per month to ensure the ongoing viability of the business. "As has been widely publicised, there have been a number of discussions this week in an effort to achieve the necessary cost reductions. We are determined that all realistic options should be explored and today discussions have been ongoing with Ally McCoist who, in turn, has been speaking to his players and the PFA Scotland. "We would prefer to reach a consensual position but as the day has gone on and tomorrow's very important match against Hearts looms larger, it has been agreed that any final decisions have been postponed until early next week. "On other matters, we can report that we made this week an emergency application to the High Court in London to secure money held in the client account of solicitors, Collyer Bristow, who had acted for the purchaser of the Club in May 2011.We can confirm that following the court hearing Collyer Bristow paid approximately ?3.6m to our lawyers, Taylor Wessing, to be held securely by Taylor Wessing until the High Court decides whether or not it is the Club's money. "Collyer Bristow will also disclose to Taylor Wessing details of the payments of funds out of their account on behalf of the Club since May 2011.The High Court in London will hear further representations on the administrators' claim to the money and our request for further information from Collyer Bristow on 8 March 2011. "Since legal proceedings are ongoing we cannot provide further information but this is a positive step in the administrators' investigations into the Club's financial affairs. "Right now, the situation is quite simple - income generated now will help secure the future of Rangers and we encourage supporters, who have shown tremendous backing for the Club throughout this process, to buy tickets for the Hearts game at Ibrox tomorrow and future home matches. Link to comment Share on other sites More sharing options...
ritchies75 Posted March 2, 2012 Share Posted March 2, 2012 Administrators statement: DUFF and Phelps, the administrators of Rangers Football Club, issued the following statement today. Paul Clark, joint administrator, said: "We appreciate this has been an extremely difficult week for all the staff of Rangers Football Club and the supporters. "As administrators, we had anticipated completing our review of staffing levels and cost structure of the Rangers business this week but the participation of a number of players in international fixtures did interrupt the process. "In short, the Rangers business is trading at a substantial loss and we have no alternative but to fill an approximate ?4.5 million shortfall by the end of the season. It is therefore imperative that we find savings of approximately ?1 million per month to ensure the ongoing viability of the business. "As has been widely publicised, there have been a number of discussions this week in an effort to achieve the necessary cost reductions. We are determined that all realistic options should be explored and today discussions have been ongoing with Ally McCoist who, in turn, has been speaking to his players and the PFA Scotland. "We would prefer to reach a consensual position but as the day has gone on and tomorrow's very important match against Hearts looms larger, it has been agreed that any final decisions have been postponed until early next week. "On other matters, we can report that we made this week an emergency application to the High Court in London to secure money held in the client account of solicitors, Collyer Bristow, who had acted for the purchaser of the Club in May 2011.We can confirm that following the court hearing Collyer Bristow paid approximately ?3.6m to our lawyers, Taylor Wessing, to be held securely by Taylor Wessing until the High Court decides whether or not it is the Club's money. "Collyer Bristow will also disclose to Taylor Wessing details of the payments of funds out of their account on behalf of the Club since May 2011.The High Court in London will hear further representations on the administrators' claim to the money and our request for further information from Collyer Bristow on 8 March 2011. "Since legal proceedings are ongoing we cannot provide further information but this is a positive step in the administrators' investigations into the Club's financial affairs. "Right now, the situation is quite simple - income generated now will help secure the future of Rangers and we encourage supporters, who have shown tremendous backing for the Club throughout this process, to buy tickets for the Hearts game at Ibrox tomorrow and future home matches. Link to comment Share on other sites More sharing options...
Tenor Posted March 2, 2012 Share Posted March 2, 2012 Rangers need to find a saving of ?1million PER MONTH to the end of the season!! Link to comment Share on other sites More sharing options...
jamboinglasgow Posted March 2, 2012 Share Posted March 2, 2012 So the ?3.6m is frozen, they have not got it back. Still amazes me how they keep putting off. Link to comment Share on other sites More sharing options...
:shitwine: Posted March 2, 2012 Share Posted March 2, 2012 Rangers need to find a saving of ?1million PER MONTH to the end of the season!! That's a lot of players :greggy: The administrators are on their knees begging fans to buy tickets. Link to comment Share on other sites More sharing options...
Brandt Posted March 2, 2012 Share Posted March 2, 2012 Still manage to mention Hearts again! Link to comment Share on other sites More sharing options...
Radge21 Posted March 2, 2012 Share Posted March 2, 2012 Jim White asking Rangers fans to to their utmost. As his club to their utmost to starve all the other SPL clubs of money due to them. Any gate money generated at Ibrox tomorrow should go to Dunfermline,Hearts and Dundee United. Link to comment Share on other sites More sharing options...
rossthejambo Posted March 2, 2012 Share Posted March 2, 2012 A million a month?! That's the big earners coats on a shoogly peg as well. Their squad isn't big enough to cut off the low earners/squad players and save that kind of money. Link to comment Share on other sites More sharing options...
vegas-voss Posted March 2, 2012 Share Posted March 2, 2012 Surely to **** players will def be out the door by Monday as they have no game next week and will be paying them for doing **** all. Link to comment Share on other sites More sharing options...
givememychoice Posted March 2, 2012 Share Posted March 2, 2012 He doesn't really follow a side in Scotland but used to go along to Tynie when he was a lad as his dad sponsored the matches occasionally. Statement time. I agree. Source? Me. I went to school with the lad. Far keener on golf, but certainly sound and not a bear. Link to comment Share on other sites More sharing options...
hughesie27 Posted March 2, 2012 Share Posted March 2, 2012 I assume if they get the money from Whyte's account then it's all rosy again? Link to comment Share on other sites More sharing options...
rossthejambo Posted March 2, 2012 Share Posted March 2, 2012 I assume if they get the money from Whyte's account then it's all rosy again? I thought that but reading that statement would suggest that they'd still need to save ?1 million a month on top of that. Presume that money would be ringfenced for HMRC. Link to comment Share on other sites More sharing options...
jamboinglasgow Posted March 2, 2012 Share Posted March 2, 2012 I assume if they get the money from Whyte's account then it's all rosy again? nope, they are trying to balance the income and costs at the moment, they then have to move onto the big issue of creditors. Link to comment Share on other sites More sharing options...
h-e-a-r-t-s Posted March 2, 2012 Share Posted March 2, 2012 I'd have thought, in the scheme of things, tomorrow's game is about as inconsequential as any Rangers v Hearts game at Ibrox for years relative to matters off the park. But what do I know, I guess it's not my legal obligation to look after the interests of the creditors. Link to comment Share on other sites More sharing options...
ibpc Posted March 2, 2012 Share Posted March 2, 2012 (edited) Its really rather beautiful, isn't it, Francis? I'd far rather the pain be as protracted as possible for them as well. All this pull the plug now chat completely misses the joy that can be had in the schadenfreude of their situation. You can almost taste their anguish.... I love it. Here's to an extremely long & painful death rattle That'll be the Nuer tribe - or the NewR - angers. Edit: Clearly this witty remark has nothing to with this post but one somewhere else in the general area! Edited March 2, 2012 by ibpc Link to comment Share on other sites More sharing options...
hawaii Posted March 2, 2012 Share Posted March 2, 2012 I hope that the Hearts fans at Ibrox tomorrow treat Lee wallace with respect and don't laugh at him every time he gets the ball. I also hope that Gary McKay got his agent fee paid in a lump sum, but Craig Whyte doesn't tend to structure deals like that...maybe Gary also got a percentage of the catering profits?? Link to comment Share on other sites More sharing options...
Back to 2005 Posted March 2, 2012 Share Posted March 2, 2012 What a disgrace. Since when did the importance of a match matter to administrators? Link to comment Share on other sites More sharing options...
Francis Albert Posted March 2, 2012 Share Posted March 2, 2012 "A difficult week for Rangers staff and supporters"? Mmm. A bit more difficult for Dunfermline's staff. But Dunfermline are just one of the creditors, who cares about them. Link to comment Share on other sites More sharing options...
Jezza Posted March 2, 2012 Share Posted March 2, 2012 (edited) I agree. Source? Me. I went to school with the lad. Far keener on golf, but certainly sound and not a bear. Said up the page mate, my old man worked for his dad's company for 30 years and knows Charles well. Mentioned the golf part too Today, 17:33 Crazy Harry, on 02 March 2012 - 05:25 PM, said: Something deeply dislikeable about that Charles Paterson tosspot. He's a sound lad who is more into golf that football. My dad worked for his dads company (Paterson plumbers) for 30 years and knows Charles really well. Edited March 2, 2012 by Jezza Link to comment Share on other sites More sharing options...
Diego10 Posted March 2, 2012 Share Posted March 2, 2012 The scale of savings needed makes the lack of action even more bizarre. Link to comment Share on other sites More sharing options...
Munch Posted March 2, 2012 Share Posted March 2, 2012 nope, they are trying to balance the income and costs at the moment, they then have to move onto the big issue of creditors. A Million pound per month black hole to fill you got to hand it to Craig Whyte he knows how to run a business. INTO THE GROUND Link to comment Share on other sites More sharing options...
davesmith Posted March 2, 2012 Share Posted March 2, 2012 What a disgrace. Since when did the importance of a match matter to administrators? ????? Link to comment Share on other sites More sharing options...
marshallschunkychicken Posted March 2, 2012 Share Posted March 2, 2012 Derek Johnstone suggesting on Real Radio that Rangers should take ?10 from the accounts of everyone with bank details on their system to raise cash, and if people don't want this to happen, they can opt-out. Speechless. Link to comment Share on other sites More sharing options...
Francis Albert Posted March 2, 2012 Share Posted March 2, 2012 Derek Johnstone suggesting on Real Radio that Rangers should take ?10 from the accounts of everyone with bank details on their system to raise cash, and if people don't want this to happen, they can opt-out. Speechless. Why not? Another day, another scam. The Whyte motto. Link to comment Share on other sites More sharing options...
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