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It has dragged on for sure,but it certainly looks like going ahead though mate.................................................................then again????:grin:

 

I guess we will find out in 48 hours.:rfc:

 

 

 

or not.:frown:

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It has dragged on for sure,but it certainly looks like going ahead though mate.................................................................then again????:grin:

 

I don't know what to think about the takeover any more Ian. Don't know if it'll happen and don't know if it'll be a good thing if it does. All we can do is hope that things work out well for the club.

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THE intervention of Sir David Murray has pushed the Craig Whyte takeover bid towards the finishing line.

 

Talks will continue today to iron out two details before moving matters on to the Takeover Panel. An announcement that Whyte is the new owner of Rangers could be made today or more probably tomorrow.

 

The �£52.5m deal was opposed last week by the independent committee of the Rangers board, but a summit meeting on Sunday tilted the balance towards Whyte.

 

It is understood Murray, who has owned Rangers since 1988, strongly supported the Whyte bid against the alternative proposal put forward by Paul Murray, the Rangers non-executive director, who is part of a consortium headed by Dave King.

 

 

 

Murray, though, is still pushing for Whyte to ring-fence the �£25m of transfer funds earmarked over five years for Ally McCoist, who will take over from Walter Smith as Rangers manager at the end of the season.

 

The Whyte camp has previously insisted this was contrary to good business practice but it is likely some sort of compromise will be found to allow the club to be taken over. Whyte, too, has indicated he will, this summer, give McCoist more than the �£5m originally anticipated.

 

Alastair Johnston, the Rangers chairman who heads the independent committee vetting the takeover move, announced last week that the group was sceptical of Whyte’s ability to produce the money to take the club forward.

 

However, such dissent has evaporated in the face of the reality of the situation. Paul Murray’s bid has been rated too little, too late. The Lloyds Banking Group – the club’s major creditor – has consistently indicated it was content with the deal to pay off the debt negotiated with Whyte.

 

“There was no appetite for renegotiation on the part of Lloyds with another party,” a banking source confirmed last night.

 

http://www.heraldscotland.com/sport/spl/rangers/whyte-into-home-straight-as-murray-intervenes-1.1098118

Edited by chilledbear
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You have to give this guy credit , if indeed it does go ahead , as he's had every possible obstacle thrown at him , sectarian fans , HMRC bombshell , poor squad , no money etc etc etc , yet he still stayed the distance

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You have to give this guy credit , if indeed it does go ahead , as he's had every possible obstacle thrown at him , sectarian fans , HMRC bombshell , poor squad , no money etc etc etc , yet he still stayed the distance

 

Aye,he does want to own the Rangers,of that there is no doubt

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You have to give this guy credit , if indeed it does go ahead , as he's had every possible obstacle thrown at him , sectarian fans , HMRC bombshell , poor squad , no money etc etc etc , yet he still stayed the distance

 

Yes, every single obstacle that could have been placed in front of him he has hurdled.

 

However, one he's over the finish line the race isn't over - he just has more laps to go. The HMRC issue, UEFA censure issues and much more still exist and may in fact become harder to jump depending on his approach.

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