Medro Pendes:2251115 said:Tomorrows headlines;
Craig Whyte kicks cat to death for fun!
Craig Whyte, worse than Hitler?
Craig Whyte pushes child out of wheelchair!
Craig Whyte and Rangers FC. The gift that keeps giving.
Medro Pendes:2251125 said:Craig Whyte and Rangers FC. The gift that keeps giving.
Do you mean silverware?
yeah Whyteys actions last season won you the league 
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.

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
<thankscraigmuir>

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.![]()

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?