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Breaking News: Rangers to be sold before Xmas


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My initial reaction.... here we go again!

 

Until pen is on paper, I am not going to get overly excited about this.

 

I would expect some digging around this guy Whyte, his background and possible intentions to come forth in the next 24 hours once the initial euphoria dies down.

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It's interesting that the RST have announced on their website that Craig Whyte is "buying the club" before the stock exchange has been informed.

 

Individuals found guilty of market abuse offences such as insider dealing would face a minimum penalty of �£100,000, while those guilty of other breaches would have to hand over up to 40pc of their salary and bonuses.

 

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5760792/Individuals-face-minimum-fine-of-100000-for-insider-trading-as-FSA-cracks-down.html

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Quote Originally Posted by Bluedell

 

A martin david ellis was appointed to the board of Liberty International Holdings Ltd in September. Don't have a clue if it's the same company and/or person or just coincidence.

 

 

That company certainly doesn't appear to be the Liberty that is the focus of our buyout.

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There's a fine line between saying something may happen, which is what most reports do, and saying it is happening, which is what the Trust have done, when the information is market sensitive. :admin:

 

Absolutely...

 

Don't they have a members' forum now where that point could be made and their statement changed to reflect the rules.

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There seems to be some confusion about Liberty's and Ellis's.

 

I don't have much information but if you go onto Liberty Capital's website, it states

 

Liberty Capital provides funding to businesses that are capable of strong cash generation within 12 months of our investment. We also acquire existing businesses for our portfolio where there is already strong positive cashflow.

 

Liberty also specialises in providing finance to 'Turnaround' situations where an established business has cashflow problems and requires both cash and expertise to turnaround the business.

 

Liberty Capital was founded by entrepreneur Craig Whyte and has offices in London and Scotland. Liberty currently has investments across several market sectors including Marketing, Communications, Ticketing and Commodities Trading, with operations in the UK, The Netherlands, Switzerland, Russia and France.

 

If you go onto the "contact us" section of the website and details:

 

Head Office:

Liberty Capital Ltd.

Aldermary House, 10-15 Queen Street

London EC4N 1TX, United Kingdom

 

However, what is strange is that there is no such (British) company called "Liberty Capital Ltd". :confused:

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