The Disreputable David Murray back on Scotland’s rich list with £150million fortune

[Walterbear 557]

Collyer Bristow coming out of this pretty badly at the moment. It's a good Twitter feed fs.

[union 0]

mcgill's answer as to due diligence on whyte is absolutely mind boggling,a total disgrace.

[forlanssister 3,050]

mcgill's answer as to due diligence on whyte is absolutely mind boggling,a total disgrace.

 

If you know what you're going to find then there's no point in looking.

[Walterbear 557]

Lots of stuff today but what stands out is Collyer Bristow appeared negligent in backing up Whyte by confirming their client had appropriate funds ( this is a big deal for lawyers to do that). Also before Whyte was on the scene the club was being run in a reckless manner as evidenced by the 39 month notice period for Bain (and the EBT gamble). Total lack of corporate governance. It seems Murray put lots of clauses in the contract with Whyte to ensure the club was run properly and that Whyte became accountable for tax debt, stadium, players. It appears that the extent of Whytes reliance on ticketus was concealed fromMurtay by Whyte (and possibly CB) but that Murray and mcgill had advised Whyte it was an option for peaks and troughs.

 

What also stands out is HMRC turned down 10.5m to settle the BTC.

 

Overall impression is 2 groups of shysters trying to do the dirty on each other.

 

I am however delighted all of this is in the public domain. It reenforces Rangers and our fans are the victims.

[Walterbear 557]

If you know what you're going to find then there's no point in looking.

 

They needed the sale. That doesn't make Whyte innocent however. It's like a harbour full of pirates.

[pete 2,499]

Lots of stuff today but what stands out is Collyer Bristow appeared negligent in backing up Whyte by confirming their client had appropriate funds ( this is a big deal for lawyers to do that). Also before Whyte was on the scene the club was being run in a reckless manner as evidenced by the 39 month notice period for Bain (and the EBT gamble). Total lack of corporate governance. It seems Murray put lots of clauses in the contract with Whyte to ensure the club was run properly and that Whyte became accountable for tax debt, stadium, players. It appears that the extent of Whytes reliance on ticketus was concealed fromMurtay by Whyte (and possibly CB) but that Murray and mcgill had advised Whyte it was an option for peaks and troughs.

 

What also stands out is HMRC turned down 10.5m to settle the BTC.

 

Overall impression is 2 groups of shysters trying to do the dirty on each other.

 

I am however delighted all of this is in the public domain. It reenforces Rangers and our fans are the victims.

 

I think that was a well known fact but they did settle with other teams and that makes it suspicious.

[union 0]

In my opinion what we have heard says s lot more about murray and the bank than it does about whyte,murray and the bank should be in the dock also,not masquerading as injured parties.

[boabie 230]

The contract between Whyte and Murray is available online. As well as the money details there was also a clause stipulating that ownership of the club would revert to Murray if Whyte didn't follow what had been agreed between them.

But we all know that Murray simply wasn't interested in being left with the parcel when it finally exploded.

[colinstein 294]

Lots of stuff today but what stands out is Collyer Bristow appeared negligent in backing up Whyte by confirming their client had appropriate funds ( this is a big deal for lawyers to do that). Also before Whyte was on the scene the club was being run in a reckless manner as evidenced by the 39 month notice period for Bain (and the EBT gamble). Total lack of corporate governance. It seems Murray put lots of clauses in the contract with Whyte to ensure the club was run properly and that Whyte became accountable for tax debt, stadium, players. It appears that the extent of Whytes reliance on ticketus was concealed fromMurtay by Whyte (and possibly CB) but that Murray and mcgill had advised Whyte it was an option for peaks and troughs.

 

What also stands out is HMRC turned down 10.5m to settle the BTC.

 

Overall impression is 2 groups of shysters trying to do the dirty on each other.

 

I am however delighted all of this is in the public domain. It reenforces Rangers and our fans are the victims.

 

I think it was Withey who handled it and Collier Bristow later sacked him

and HMRC's decision to knock back £10 million and get nothing instead is incomprehensible

[forlanssister 3,050]

Lots of stuff today but what stands out is Collyer Bristow appeared negligent in backing up Whyte by confirming their client had appropriate funds ( this is a big deal for lawyers to do that). Also before Whyte was on the scene the club was being run in a reckless manner as evidenced by the 39 month notice period for Bain (and the EBT gamble). Total lack of corporate governance. It seems Murray put lots of clauses in the contract with Whyte to ensure the club was run properly and that Whyte became accountable for tax debt, stadium, players. It appears that the extent of Whytes reliance on ticketus was concealed fromMurtay by Whyte (and possibly CB) but that Murray and mcgill had advised Whyte it was an option for peaks and troughs.

 

What also stands out is HMRC turned down 10.5m to settle the BTC.

 

Overall impression is 2 groups of shysters trying to do the dirty on each other.

 

I am however delighted all of this is in the public domain. It reenforces Rangers and our fans are the victims.

 

Hence the haste with with which Collyer Bristow's insurers pumped out a £24m settlement to BDO.

 

They needed the sale. That doesn't make Whyte innocent however. It's like a harbour full of pirates.

 

Surmising the evidence so far it would seem Whyte was way out of his depth, Whyte a mere amateur whilst the bankers and Murray were Champions League players.