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Posts posted by the gunslinger
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David Leggat - giving it to you straight
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Wednesday, 13 June 2012
STILL TIME TO STOP GREEN AND DUFF AND PHELPS
THERE is still time to stop Rangers plunging into Liquidation. Still time to stop Duff and Phelps selling out Rangers to Charles Green and his dodgy gang.
Still time to stop Charles Green getting his grubby money making paws on the title deeds of Ibrox Stadium, the Milngavie training complex and the Albion car park.
There is still time to save Rangers.
But it will mean that whoever steps forward will have to be brave and bold and be willing to go head-to-head and toe-to-toe with under investigation insolvency practitioners, Duff and Phelps.
By calling Duff and Phelpsâ?? bluff and stopping them handing over Rangers Crown Jewels â?? worth more than £100M â?? to greedy, grasping Charles Green and his bunch of secret cohorts
And by calling Charles Greenâ??s bluff too.
To find out if Charles Green and Duff and Phelps are prepared to have their actions and their motives forensically examined under oath in the witness box of the Court of Session
For if Duff and Phelps hand over the Crown Jewels to slippery customer Charles Green, Rangers, as generation after generation of supporters have known them, will cease to exist.
Oh, sure there will be a Rangers Football Club. But it will be a football club with no prime assets. They will be just another football club. No bigger and no more powerful than any other club in Scotland.
With the notable exception of Celtic. Leaving Celtic to go on and on and on to title after title after title, until they sprint past the proud world record of 54 crowns won by Rangers, before disappearing over the horizon.
And all the time the only winner will be grubby money grabber Charles Green, as he coins in the cash from a lease back or similar arrangement of Ibrox Stadium, the Milngavie training complex and the Albion car park.
For that will be the only way for Charles Green to make money from Rangers if his stitch up with Duff and Phelps â?? who are still being investigated by the Insolvency Practitioners Association â?? goes all the way to Liquidation.
Liquidation means a three-year European ban, plus almost certainly sanctions from the Scottish Premier League and the Scottish Football Association which would hinder Rangers, making it impossible for them to thrive in the top flight.
Meaning there would be no profit to be made there by Charles Green.
And remember, a fast buck is all Charles Green is interested in.
As for the moral high ground of Charles Green insisting that Rangers be allowed to leave the SPL and begin again in the Third Division?
I doubt if even armed with a map and compass and in the company of a spiritual guide, Charles Green is capable of finding the high moral ground.
Since Charles Green first appeared on the scene and was so eagerly welcomed by under suspicion Duff and Phelps, I have been flashing red lights and sounding alarm bells.
But now it is going right down to the wire and Thursdayâ??s meeting of creditors at Ibrox Stadium.
Will it be the last major occasion at the famous old Stadium before Rangers lose the title deeds to their historic field of valour to get-rich-quick chancer, Charles Green?
Or will BDO, appointed by HMRC, and their team led by no nonsense Malcolm Cohen, march through the main doors of Ibrox tomorrow and kick out Duff and Phelps?
Malcolm Cohen and his BDO team are now they key to the whole sorry mess Duff and Phelps and Charles Green have landed Rangers in.
There is still time to stop them. But time is running out.
http://leggoland2.blogspot.co.uk/2012/06/still-time-to-stop-green-and-duff-and.html
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their duty is to look at why we were liquidated. the big tax case has no part in that. indeed nothing Murray did other than selling to whyte has.
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I don't think the players were - it was more the agents and, as usual, the players were happy for them to act.
The guys did a great thing taking a short term pay loss but they're not going to sacrifice their careers and I wouldn't expect them to.
agreed Frankie. I think people need to prepare themselves here its going to be carnage.
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Players like Naismith will leave - it's as simple as that.
he was the main protagonist in asking for release clauses. or so an agent told me.
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Paul Murray knows nothing.
HMRC are going to investigate years, not 9 months.
as ever p Murray nailed it.
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someone help me please who now pays the bill for duff and phelps ?????
green and everton.
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he talks some shite. miller didn't pull out in march and liquidation before the end of the season was never an option.
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I've said this before and people get all upsett with me when I do but we will loose a shit load of players to this newco.
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we still exist until Thursday at least.
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Healthy with a 75 million tax bill hanging over us.
Aye ok.
whyte knew about that. everyone did.
no any illegality will be whyte and d&p as p Murray said.
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Not how mini missed out 'Sir' David's name in that.
As bad as the rest is Paul Murray.
I can't see them investigating sdm he handed over a healthy company.
whyte and d&p will be the main targets as p Murray said.
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It would be extremely interesting to find out exactly what Duff & Phelps have indeed "tried their best" to do over the past 4 months.
p murrays hoping the investigation by hmrcs liquidators can do so.
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Aye, you're wrong. I replied to your post in another thread about this. The SPL voting on a Rangers newco (according to what's been said today) will be 8-4 and Rangers will have a vote, so we only need 7 other clubs to vote in favour.
I think he means of we agree to remove the 11 to 1 current voting level on rule changes then we get the other 7 votes we need for this.
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Green said on Rangers tv that he will name the investors on Thursday and that he will name the new board .
http://www.tv.rangers.co.uk/articles/20120612/we-will-move-forward_2254024_2809706
hopefully before its to late.
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Makes no difference now.
very much does as to who's to blame.
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the newco buys the history.
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Murray's fault, 99.5%, you can perhaps give Whyte 0.5% blame.
and if we win the big tax case?
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Especially since my reading of HMRC's statement is that they are pursuing the big tax case as well in that they said Rangers can start afresh debt free. If the CVA had gone ahead the club would have had to deal with that if found guilty. If not found guilty I cannot understand HMRC's actions.
the cva dealt with the big tax case.
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Really folks, some behave like this folk who camp in front of a book shop to get the earliest available copy of a new Harry Potter or somesuch. You will know the names in due course.
yeah impatience is why we should know. doh
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then he knows who is who and we can be told.
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D&P = Bad
Green = Bad
TBK = F#*king marvellous
That about it:D
that will pretty much cover it.
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Right GS we get the drift can we talk about what's actually thread topic or better still start your own thread about D&P
I'm going offline for a week in an hour or so mate. or at least mostly off line. you can talk about whatever you want. I'm sure most can surmise my opinion on most subjects without me.
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plenty more to come out on this. the key is d&p are no longer In control
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though I have to say a newco under tbk or ng is no more appealing to me.
the fact d&p have forced us to this is disgusting.
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leggo - still time to stop green and duff and Phelps.
in Rangers Chat
Posted
I am not sure even I believe green will do a sale and lease back. but it is a threat no question about it.
who knows what he's capable of. he can't keep his facts straight anytime he opens his mouth after all.