simplythebest

Yep really mate, i'm just been honest.you will get loads of folk saying they would spend all there money on Rangers but in most cases it would be all talk when it comes to handing over £m's.

When the prize is 106 million you could put a lot in and still be set for life.

Never thought i would say this but if i won the money, Rangers would be getting none of it in terms of buying the club.

 

Maybe in a few years if i had turned it into more money but i would not buy any football club tbh.

Really?

I wouldn't want to buy a football club myself but i'd certainly use a fortune like that to contribute to a CVA and to stop the club running out of money.

I got 2 numbers and both lucky stars.

How much did that win?

Rolled over again?

The likes of Adam and McCormack surely can't be counted whatever they're doing now, they never managed to establish themselves for us and left for peanuts.

Tell me where to renew and i'll do it.

I can afford it and the club needs financial support more than it ever has.

Any memory of that man should be wiped from Rangers.

One thing the emails do prove (the first one from Whyte to Grier) is that Bill Millers "incubator" scenario was not thought up by Miller at all but by Whyte (point 3 in the first email), so either Whyte or Duff & Phelps pushed the notion to Miller/Club9.

Bill Miller could easily have decided that himself. It is the most obvious option after a CVA.

I can't see the difference except the repayment terms.

Gradual repayment and 'we went our money now'.

Hardly a small difference.

An appeal panel can't give us a higher punishment can they?

We go into administration, we exit it by CVA or newco - and still we are in debt. You don't have a clue what the plans are for the future, so you can't guarantee anything.

Not being in debt to HMRC, Ticketus, banks etc is the big thing about a CVA or newco.

The plan with the loan is a common one, if they're people that are actually aiming to destroy us by demanding the debt to them as soon as we're bought then the game's a bogey.

I was pretty shocked a reply to me resulted in someone getting a ban.

Debt is debt once someone decides to call it in.

They won't be calling in the debt with any matter of urgency though, it'll be a gradual pay back scheme to eventually make a profit once Rangers are fit and healthy again. Clubs are in debt to owners all over the place.

A loan from a company to Rangers which is to be paid back with interest. The figures involved are different, I grant you.

The difference is this company will be owning us, Ticketus didn't own us at all.

The difference is huge.

It's an inaccurate statement, the loan plan and Ticketus is very different whatever you think of Green.

You're hardcore though.

Not really, wasn't trying to suggest i'm better than anyone else.

I'm lucky enough to live in Glasgow and be able to afford it.

I'll be buying a season ticket regardless of what is said, the club needs us and our money more than ever.

* runs out to buy a couple of tickets *

We've got till tomorrow evening to buy tickets haven't we?

I certainly wouldn't try buying a football club when I have no idea how to even run a business.

I would contribute to a CVA pot however.

if green fails its d&p we need to question not green.

Again, to me doctors that just couldn't save us from something too serious.

I may be taking the piss with the medical analogies but it's the best way I can think of to describe.

It's all about opinions which is why forums such as these are good fun.

 

Do you think his CVA is a great deal for the club and creditors? Do you think it's possible the terms of his deal may have changed over the last fortnight? Are you confident in his claims he has money to fund club? Do you think a share issue on AIM will be successful? I could go on all day!

 

Loads of questions and, while I agree people are perhaps a bit over suspicious, these questions are valid and we need a bit more comfort if we;re to fully trust Green.

Charles Green didn't create this situation at all, yes it will be a disappointment if the CVA doesn't work but he nor any of the investors are oil tycoons, so there's no way to force HMRC's hand. Especially considering some think they could be willing to take less money to make a big example.

The questions are valid, it's just my opinion that they're a bit pointless considering our situation, maybe that's me giving up too easily. We're seriously ill on life support, Green to me is a surgeon having a last minute go at trying to save us, and can't really be faulted if he fails.

That's fair enough but it's not just Traynor asking the questions. Our fans are too.

Which to me is mainly based on the idea no-one can be trusted after the last two owners, rather than real genuine concerns.

IMO anyway.

Creditors are entitled to ask a few things; namely is the CVA proposal best value, would more than £5.5million be raised from any newco asset sale and, finally, approve D&P's fees. Not to mention conflict of interest concerns.

Any challenge towards the administrators has to go through the courts, I doubt not knowing enough about Charles Green would be considered valid.

actually a lot of us are creditors and are due answers.

Creditors are due the CVA proposal, not much else as far as i'm aware.

Frankly, they don't have to explain anything. Administration is meant to be a quiet private process generally, they've probably given more through the media than they should have.

Rangers are special to all of us but we are realistically just another business in administration.