Bluedell 6,129 Posted March 3, 2012 Share Posted March 3, 2012 dB, he doesn't care. A post-pre pack or liquidated club that still owns the stadium, MP and is debt free can be sold for £15-20m, even if it is in the third division. Not a bad return for an investment of £1. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 4,174 Posted March 3, 2012 Share Posted March 3, 2012 Can't see how he's getting that money from anyone though. On a related note, Traynor and Jackson have another exclusive, saying that the admins trying to force Whyte out. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 6,129 Posted March 3, 2012 Share Posted March 3, 2012 Why wouldn't he get that money, dB? A debt free club is worth at least £40m and there's quite few who would look to buy it at the price I mentioned. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 4,174 Posted March 3, 2012 Share Posted March 3, 2012 Well, I for one can't see some businessman investing these 15m on a 40m club that is sure to get essentially no real income for the next 3 to 5 years, if we are going to start in Division 3 again. 0 Quote Link to post Share on other sites More sharing options...
Guest Dutchy Posted March 3, 2012 Share Posted March 3, 2012 The land itself is a salable asset, which is maybe what Whyte was thinking all along. It certainly doesn't need to be a football ground and it's on the front of Ibrox that is listed. Flats could be build behind it. On that article by Traynor and Jackson. The only reason the admins are asking Whyte to do the decent thing is because a court case would take too long to sort out, thus putting our team in an even more precarious position than we already are, if that's at all possible? We'll soon find out if Whyte has Rangers' best interests at heart, which I'm doubting, big time. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 6,129 Posted March 3, 2012 Share Posted March 3, 2012 We'll soon find out if Whyte has Rangers' best interests at heart, which I'm doubting, big time. I'm genuinely surprised that there's still doubts in anyone's mind. 0 Quote Link to post Share on other sites More sharing options...
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