chilledbear 16 Posted April 10, 2013 Share Posted April 10, 2013 On BBC over purchase by Whyte from Murray. 0 Quote Link to post Share on other sites More sharing options...
blueflag 378 Posted April 10, 2013 Share Posted April 10, 2013 and the plot thickens..... Police have carried out a series of raids relating to the purchase of Rangers Football Club by Craig Whyte from Sir David Murray. Police Scotland said they had "carried out a number of searches" in at addresses in both Scotland and England. The statement said: "These searches related to both domestic and business premises. "This remains an ongoing investigation, and no further information can be provided at this stage". Mr Whyte bought the club from former owner Sir David Murray in May 2011 for £1, taking over his controlling 85% share holding. Rangers were subsequently forced into administration then liquidation over non-payment of VAT and National Insurance totalling about £14m. The court appointed administrators, Duff and Phelps, passed information to the police after a preliminary examination of the company accounts. It emerged that Mr Whyte was able to fund his takeover by selling future season tickets to Ticketus, leaving the investment firm a key player as administrators searched for new owners. Ticketus won a High Court challenge to force the businessman to repay £18m plus interest and court costs. Investigations Former Rangers' chairman Alastair Johnston also asked the Crown Office to investigate the take-over shortly after the club were placed in administration in February 2012. There is also a separate police investigation into alleged leaks of confidential information relating to "oldco" Rangers long running tax dispute with HMRC. Rangers won the so-called Big Tax Case last year. HMRC said they will appeal. The club has been taken over by a new company after the assets were sold to a consortium run by Charles Green. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted April 10, 2013 Share Posted April 10, 2013 Hope Minty's offices are being raided. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,306 Posted April 10, 2013 Share Posted April 10, 2013 Wonder if they spoke to the two bhoys who were running LBG's Scottish business division at the time of the takeover ? surely they'd nothing to do with the takeover. Did they? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 10, 2013 Share Posted April 10, 2013 good to see this is being taken seriously. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted April 10, 2013 Share Posted April 10, 2013 Good news. I hope they get to the truth who is behind all this. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,290 Posted April 10, 2013 Share Posted April 10, 2013 (edited) The company running Rangers were subsequently forced into administration then liquidation over non-payment of VAT and National Insurance totalling about £14m. Added the line these tossers of the BBC are only too keen to leave out. I really start dislikening these scumbags with a passion. NB: And again the BBC hacks are the first to report it. NB 2: Out of interest, has HMRC actually appealed? Edited April 10, 2013 by der Berliner 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted April 10, 2013 Share Posted April 10, 2013 This shit just got real. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 10, 2013 Share Posted April 10, 2013 Added the line these tossers of the BBC are only too keen to leave out. I really start dislikening these scumbags with a passion. NB: And again the BBC hacks are the first to report it. NB 2: Out of interest, has HMRC actually appealed? thats what happened and yes they have appealed. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted April 10, 2013 Author Share Posted April 10, 2013 The raids are due D & P info passed to the polis. 0 Quote Link to post Share on other sites More sharing options...
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