Allegations have been made on rangers media and twitter of dodgy dealings over the land owned by GDC which was according to the accusations exchanged to Celtic and other land where Celtic were given very favourable mortgage rates by GDC to obtain the land, allegedly. Well one SEVCO fan, named Ross, in September emailed GDC with his accusations. Result he was sent a reply by GDC, which showed. 1. There was no exchange of land between the two. 2. Celtic bought the lands outright with no mortgage facility provided. BUBBLE WELL AND TRULY BURST. I have heard these accusations along with the Co-operative Bank accusations. It turns out that the key word which sevconians could not read was FACILITY. No loan taken. Only a facility at 1.5% above the Bank of England Lending Rate. A rate which is normal for businesses with a sound financial history and standing, which of course celtic are. BAWS BURST AGAIN. if Celtic fans come across this type of filthy muck raking accompanied by downright lies, use the above info to refute it. GDC site can be visited for minutes of the meetings and the confirmation that Celtic purchased the lands concerned at market value..........not to be confused with the DEPRECIATIVE REPLACEMENT value placed on Ibrox, which allowed Â£80M to be borrowed against assets later valued at Â£5.5M along with the Goodwill. DR is something which should never be applied in that manner by Actuaries. Hmmmmm. Are Soca still investigating matters at Asbestosdome?