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Devil in the * detail over Whyte shares

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By on CQN BLOG & Comments

Breaking news!  Craig Whyte agrees to sell his shares for £1*!!!

So the story goes.  The * is important.   *He’s agreed to sell his shares for £1 if a CVA is agreed.  Coincidentally, this decision comes a day after Ticketus inform journalists (and perhaps Mr Whyte’s briefs) that they will sue the Rangers owner for £27m.

Of course, if a CVA is agreed, Ticketus still own the tickets for the next three seasons they bought from Rangers in the early months of Whyte’s tenure.  They therefore cannot pursue Craig Whyte.  Get a CVA – get Ticketus’ lawyers off your case.

Channel 4’s very well informed, Alex ‘Tomo’ Thompson, who appears to have spoken to Mr Whyte tonight, reminds us all of the crux of the matter:

“And then that leaves the floating charge Mr Whyte has over Rangers – effectively another large separate financial stake in the club and I can reveal this is still to be negotiated away somehow. This is where the tough-talk has still very much to be done.”

Despite the headlines, it appears that Craig Whyte remains….. The Only Show in Town.  He’ll assist a CVA but the “tough-talk” over the stadium, his real asset, has still to take place.

Let’s not mention the chances of getting a CVA past HMRC.

You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.

The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.

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  1. Big Nan on

    Vinibhoy – Named Neil Lennon on his birth certificate on 10 May, 2012 at 21:17 said:

     

     

    ps. I couldn’t believe Chic’s comment about McBride being killed!? A slip of the tongue but a mistake that any half decent reporter would avoid!

     

    ……………………………………………………

     

    There is a school of thought that there was more to it than came out at the time.

     

    Perhaps Chic is of that school?

     

    http://scottishlaw.blogspot.co.uk/2012/04/deadly-deal-secret-negotiations.html

  4. Agent Craig "Green and" Whyte!! on

    Anyone who missed the Thai Tims on BBC ALBA tonight, like me, the programme is repeated at 4:30 on Sunday.

     

    So celebrate the league trophy, hurry home and watch it.

     

    There’s nothing else on, only some overated footie title decider with two teams who are in over a billion pounds of debt, and not one of them are the huns!!

  8. jackie mac on

    well well

     

     

    there’s life in the dead dog yet

     

     

    is there any chance the CIA are behind this – they funded bin laden, it’s that mad it’s got to be a front for something big

  9. tommytwiststommyturns on

    pintaguinness – NYLON….the New York LONdon option according to the scriptwriters on Coronation Street !

     

     

    T4

  10. pintaguinness on

    Useless facts – Round 2

     

     

    Why are goods often priced at 2.99, 5.99 and not whole pounds, a sales ploy?

     

     

    Not at all, it originated in the U.S. and was devised to stop theiving salesmen. If a customer paid for goods valued 5 dollars and handed over 5 dollars, he needed no change and a salesman could refrain from ringing it up and pocket the dosh. If it was 4.99 the customer wanted his 1 cent change so it had to be rung up

     

     

    I thank you

  13. lochgoilhead bhoy on

    THE EXILED TIM on 10 May, 2012 at 21:52 said:

     

     

    Just like Lochgoilhead – the midgies are due this weekend.

  14. ArranmoreBhoyLXV11 on

    The youngest ARRANMOREBHOY makes his first communion Sunday at 3.. So we miss the title party..

     

     

    That said.. Motherwell and Scott Mc Donald ruined a previous communion of ours..

     

     

    So on Sunday I ll reflect how far life has come and rejoice with the family on our day and the demise of Rankers..

     

     

    Paul B -once again.. Fantastic on radio tonight .. Thanks on behalf of the Celtic family..

     

     

    HH

  18. jude2005 is Neil Lennon \o/ on

    knoxxy2000

     

     

    Can you give me the details abt what hospital & ward Oscar is in? The jude family wd like to send a wee card if thats alright with you?

  21. Estadio Nacional on

    Why don’t we just forget about them?

     

     

    The ultimate annoyance to them is ignoring the insignificant defuncters.

     

     

    I’ll sigh when there manly history is over, they are insignificant.

     

     

    Then again I’m oot celebrating the Celtic 1997 title win, what I say tonight is Puuure utter bunkum.

     

     

     

    #InLawwellWeTrustCSC

  22. blantyretim on

    Knoxy

     

    lochgoilhead bhoy on 10 May, 2012 at 21:19 said:

     

    For those who missed it Paul 67 can be heard here Paul 67 Podcast

     

     

    previous page

  27. THE EXILED TIM on

    lochgoilhead bhoy

     

     

    I don’t know what is the worse, mossies are easier to get rid,though the bites are worse midgies are a feckin nightmare,

     

     

    I must admit I’m not prepared, they must have hatched in the last couple of days, have all the things at the ready, this time last year I got bitten on my eyelid, not a good place I have to say :>)

  29. Doc is Neil Lennon on

    bournesouprecipe on 10 May, 2012 at 21:17 said:

     

    Paul67

     

    I have to admit I had thought of turning my back on Scottish Football if the Newcheats were allowed back in.

     

    I had decided to bide my time, let things develope, watchful waiting.

     

    I’ve been persuaded that I don’t need to wait for anything.

     

    Reading what guys like you have said, BRHT’s brilliant input yesterday was moving and persuasive.

     

    I have never had a season ticket, although I get along to a good few games a year. Always have, work demands mostly. I’ll still miss some games next year, but”……..

     

    Next year I will have a season ticket as will my daughter, she’s been coming with me for a few years.

     

    Celtic don’t need no stinkin Rangers, but they need us.

  32. maisy dribble on

    Paul67

     

     

    brilliant stuff on BBC tonight , it’s good to see a balanced arguement on BBC Scotland for a change,Jim Spence seems to plough a lonely furrow.

     

     

    the LL seem more concerned with their own careers than the well being of Scottish Football.

     

     

    liking your articles just now ,they’re keeping me calm ,also quite a few non-Celtic fan friends and Colleagues enjoying your stuff too.

     

     

    HH

  35. CultsBhoy loves being 1st forever & ever on

    whatever happens to the Huns – win-win for me..

     

     

    If they go good riddance, if they stay they stay as a disgraced defeated bunch of also-rans..

  37. bankiebhoy1 on

    The recent events seem to keep the boul’ Sleekits subdued as well.

     

     

    That’s good.

  38. pintaguinness on

    Setting free the bears

     

     

    You are cheating using google

     

     

    Women blink nearly twice as much as men.

  41. Mark \o/ McGhee's \o/ Eyeliner \o/ AKA Mark Guidi on

    Agent Craig “Green and” Whyte!! on 10 May, 2012 at 21:54

     

     

    Cheers bro :-)

     

     

     

    Paul 67

     

     

    listened to you tonight as I was painting the kitchen ceiling,

     

     

    Thanks, you made that chore slightly more enjoyable :-))))

     

     

    Hail hail

     

     

    MME

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