Rangers bosses knew about Craig Whyte's shady business dealings BEFORE Ibrox takeover

[simplythebest 0]

Correct it was 14 June...

 

 

http://www.gersnetonline.co.uk/vb/showthread.php?29857-Keith-Jackson-has-been-banned-from-Ibrox&highlight=Keith+Jackson+Ticketus

 

Some pearls of wisdom on that thread....

 

Were ticketus mentioned in that then?

[the gunslinger 3,366]

that's probably my picture though I don't recall for sure.

[forlanssister 3,050]

were ticketus mentioned in that then?

 

By name no but there's not one iota of doubt that it's the Ticketus deal Jackson refers to.

 

It broke on the RTC site nearly a fortnight earlier and I'd assume that's where Jackson picked it up from (they didn't name Ticketus intially either).

 

The MG05's (not 50's as Jackson states) were received on 26/5/11 and anyone with Rangers on their watchlist at Companies House would have been aware of that perhaps a day or so later.

 

Byline: Keith jackson

 

Ally mccoist will meet with craig whyte today to discover how much money he can spend this summer - as fears grow over how the new owner plans to fund a transfer spree.

 

McCoist has yet to be given the full details of his budget but with only two weeks until the start of the new manager's first pre-season, he has already made initial moves to bolster his squad. He has urged turn to page 55

 

From back page whyte to discover if Aston Villa will allow top target Carlos Cuellar to return to Ibrox. And today, advisers of Israeli international Tomer Hemed will arrive in Scotland to discuss the striker's possible bosman move from Maccabi Haifa.

 

But McCoist is still waiting to be told the full extent of his kitty, which is why he will sit down with whyte today for a crucial round of face-to-face talks with the man who bought out Sir David Murray's controlling interest of the club for just pounds 1 - in the face of fierce opposition from within the club.

 

Record Sport has been alerted to a Companies House document in the names of Whtye and his newly-appointed right-hand man in the boardroom, Phil Betts. This has raised concerns among prominent supporters at Ibrox.

 

Brink the paperwork was lodged on May 26, just days after a night of the long knives that saw chief executive Martin Bain suspended and former chairman Alistair Johnston booted off the board.

 

And there are growing fears Rangers could be run along similar lines to the business models which forced english giants Leeds and Newcastle to the brink of financial ruin.

 

Analysts say the document - called an mg50 - could signal Whyte's intent to mortgage off the next four years' worth of season-ticket money as a security against some form of loan.

 

It was this kind of high-risk scheme which was blamed for the crisis that saw Leeds plummet into the third tier of english football and almost forced them out of business.

 

In 2007 newcastle had to be rescued by mike ashley's pounds 100million bail-out after over-extending themselves with a similar strategy.

 

Now Rangers season-ticket holders will want to know where their hard-earned cash is going and if Whyte plans to use it to finance his initial takeover, which saw him agree to wipe out an pounds 18m debt with lloyds bank.

 

Whyte has also pledged to hand mccoist an initial fighting fund of at least pounds 5m, inject up to a further pounds 5m as working capital and find almost pounds 2m to refurbish parts of the stadium.

 

But one Rangers supporter with a background of financial expertise told us last night: "we have to be told if Mr Whyte is using our season ticket money to fund all of his promises.

 

"If that is indeed his intention then the long-term financial health of our football club could be exposed to serious risk.

"There are very glaring questions here which need to be answered."

 

But he will be speaking to mccoist today as the rookie Rangers manager finds out how much of Whyte's money will be allocated to the bid to secure a fourth successive SPL crown.

[RANGERRAB 3,258]

I've said b4 & I'll say again the real villains were LBG who forced SDM to sell to CW. Who were these people at LBG ? I know who they are . Do you?

[Guest Dummiesoot]

I thought the paul murray counter offer came in around the time that the board were warning all about whyte.

[the gunslinger 3,366]

I thought the paul murray counter offer came in around the time that the board were warning all about whyte.

 

it did but Lloyds rejected it.

[Guest Dummiesoot]

Something to do with most of it going to the team and maintaining our agreed payment plan with lbc.