North Rd

http://www.dailymail.co.uk/sport/football/article-2234195/Dave-King-invest-Rangers.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490&utm_source=twitterfeed&utm_medium=twitter

Someone gives their slant on it all http://scotslawthoughts.wordpress.com/ Too deep for me to fathom.

FORMER Rangers owner Craig Whyte is preparing to claim millions of pounds from the remains of the old club that collapsed earlier this year. The controversial businessman is hoping for a huge payout from the sale of the assets to new owner Charles Green's Sevco consortium. Whyte told The Herald he believes the RFC Group he used to buy the club and pay off its £18 million debt â?? using future season ticket sales â?? held a valid security over the Ibrox outfit's assets sold to Mr Green for £5.5m. If successful he will be placed ahead of other creditors when the remaining money brought in by the liquidation of the failed Rangers company is distributed. Whyte said: "Everyone knows there was a security there. All these things are being dealt with." A recent progress report by administrators Duff & Phelps showed the old company had around £2.3m of funds â?? although a further £2.8m is estimated to be owed through outstanding transfer fees and millions more could be realised from outstanding litigation. The administrators were also pursuing an unquantified sum held by Uefa as a result of players participating in matches for their national teams. In their report Duff & Phelps also said they believed Whyte's company was not owed anything. London ticket agency Ticketus bought the season ticket rights from Whyte and is pursuing him for more than £20m paid to RFC Group to help him complete his disastrous takeover of Rangers. That money was used by RFC Group to pay off Rangers' £18m debt with Lloyds Banking Group.

LOL on RM it was GS and ED! here it is GS and STB , say one thing GS, you fairly like a good old fashioned debate lol

Is this a worry? http://thedemiseofrangersinpictures.blogspot.co.uk/

Is this not what Leggo forecasted today ?

Update from BBC http://www.bbc.co.uk/news/uk-scotland-glasgow-west-19920930

So, the share issue would be to the above club! not the holding company ?

I cant see many fans investing, christ, 23000 lost out last time, why will they invest when they do NOT know who is pulling the strings?

Isnt that what The Rangers Football Club Ltd are?

I think this is when Charles will come back down to earth with a bump......who in their right mind will buy shares in a holding company when we dont know who owns it (Ticketus)?

Good post Frankie........ I want to see Green's business plan for next 3 years at least. we must be vigiliant with the share issue that we are not buying shares to pay the running/wages of club.

I'm just worried when the share issue comes up where it will go towards.

Cheers mate

Anyone had a look at this yet! https://docs.google.com/spreadsheet/lv?key=0Aq2m3ggkEX2RdER0WURDZEhOdmxVWGo5aFZEUVdMS1E&pli=1 Is it reliable ? Has Green a business plan?

That's is thanks Zappa

Cheers mate, so I can relax!

Also, I've seen that name Carby mentioned before in RM I'm sure, so, when I saw this, alarm bells rung in my head

After the last mess, I check all forums now,

Seen this on the RTC site, anyone know who this Keith Carby is? I'm sure I've read other Bear mention him. The motivation to invest £5.5 million into a club which you have no conceivable interest in has baffled people all over Scotland ever since Charles Green intimated that he wanted to take control of Rangers football club. Some think £5.5 million seems to be a bargain now that the club has been liquidated but at the time when Charles Green came onto the scene it was potentially a £140 million money pit. Green was still intent on purchasing the club through a CVA but with a paltry offer of £8.7 million for creditors, some would say a deliberate low offer to induce the Liquidation of the club thus ridding Charles Green of the HMRC bill. So Charles Green bought the assets of Rangers football club for £5.5 million and started a new company called Sevco 5088 which will operate from the premises which used to house Rangers football club. So the question is still, what is Charles Greens motivation? First of all Octopus Investments are the parent company of Ticketus. Ticketus are the company who were left £26 million out of pocket when Craig Whyte put Rangers into Administration. Ticketus were Rangers second biggest creditors (first being HMRC) when Rangers went into Administration. Octopus are investors in the company Zeus Capital who are running Sevco 5088 with Charles Green. Let me bring to your attention Imran Ahmed and Brian Stockbridge. Imran Ahmed founded and was Chief Executive of a company Allenby Capital Limited. Brian Stockbridge worked as a nominated adviser at Allenby Capital. Allenby Capital were brokers and advisers for Octopus on numerous occasions in different business transactions. On January 2012 Brian Stockbridge joined Zeus Capital and in April 2012 Imran Ahmed also joined Zeus Capital. On the 14th of June Charles Green bought the assets of Rangers and installs these two guys to help run Sevco 5088. How does Charles Green fit into the Octopus/Zeus cog? Charles Green is the only man in the whole equation that has any back ground in football or sports when it comes to business in all of this. Zeus Capital worked with Charles Green when he was at Sheffield United. Zeus worked with Charles Green when he disposed of Sports Management company, Gresham PE. Now Formation Group. Remembering that Octopus are financial backers of Zeus Capital and Zeus are nominated advisers and brokers for Octopus there is only one man for the job. Charles Green. And the job is? Getting the Ticketus money back. It was very recently announced that Sevco 5088 will be using Metro Bank as their banking facility as RBS refused an arrangement with Sevco 5088 and Fast Pay a direct debit company. I believe this to be bullshampoo. Octopus will get their money backâ?¦â?¦â?¦â?¦â?¦ Through a company called Caerus Wealth. Their Group Investment Director is Ronan Kearney who is also the Venture Fund manager at Octopus Investments. Their Chairman and CEO is Keith Carby who is the founder and Non Executive Director of Metro Bank. (return of the friendly bank manager) Octopus get their money without the Sevco 5088 fans even knowing it. Once the money is recouped, Green, Ahmed and Stockbridge sell the assets and thatâ??s their bonus. Or if an offer comes in that covers all cost and monies its a quick sale and thanks for the £memories£. A foot note to all of this. If any Chairman of any football team reads this. Sevco 5088 will not be investing in Scottish football in any way shape or form. So if they arenâ??t investing in the product, the quality will go down, the footfall of supporters will go down and your club will go down. Its far better to allow a small club to grow than it is to have a big club rot and take you down with it.â??

THE Board is delighted to confirm that the official name of the company that owns Rangers is being changed to The Rangers Football Club Limited. This process was completed following an Extraordinary General Meeting of 'oldco' shareholders today when procedures were approved that enable Sevco Scotland Limited to change its name to The Rangers Football Club Limited. Charles Green, Chief Executive of The Rangers Football Club, said, "The process that took place today is the penultimate piece of the jigsaw that will see The Rangers Football Club move forward, with the transfer of SFA membership being the final piece. "As every fan knows, Rangers is Rangers - it always has been and it always will be. The Club still has its 140 years of history and we are now embarking on the next 140 years. "We are back playing football and the Board is focused on rebuilding this great Club over the next few years. "Our fans were fantastic on Sunday at Brechin and their support at Ibrox and away from home this season will be instrumental in helping the team achieve the success we all desire." http://www.rangers.c...article/2866402

Its because selic are playing home on the Saturday and as we are Div 3 club we have to move to the Tuesday.

http://forum.rangersmedia.co.uk/index.php?showtopic=232732&st=0 Page 3 lol

http://forum.rangersmedia.co.uk/index.php?showtopic=232732&st=0 Page 3 lol

Check RM it's on there, his letter to D&P it's Dynamite if true, they knew about Whyte and maybe the SFA knew also, he's talking about an injunction and putting the leagues back to what they were.