Devil in the * detail over Whyte shares

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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.

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469 Comments

  1. Bhoy Oh Bhoy what a fantastic night at the Concert Hall tonight

     

     

    Well done to all concerned for a truly brilliant night of Celtic songs and excellent entertainment with the Thai Tims stealing the show

     

    They certainly had the place rocking,one of those occasions your just proud to be a

     

    tim superb stuff

     

     

    New song for the weekend

     

    Joe Ledley’s caridigan

     

    what a shocker:)

  2. 67Heaven ... I am Neil Lennon..!!..Truth and Justice will always prevail on

    Art of War on 10 May, 2012 at 23:31 said:

     

     

    Sorry, the only suggestion I can make is to google BBC Alba…….

     

     

    I actually meant to says” God bless Paul LENNON…….but……God bless Paul Brennan also……LOL….l!!!!!!

  3. 67Heaven ... I am Neil Lennon..!!..Truth and Justice will always prevail on

    Can’t believe I missed out on the concert……..so bloomin’ busy at work … Sounds as though it was a great night….

  4. lochgoilhead bhoy on 10 May, 2012 at 23:31 said:

     

     

    Sorry to interrupt – but my da did the ceilings in the Clyde tunnel – you know that ones that keep the water out. The only bit that really matters in my book.

     

     

    S

  5. Fortunes Favour Mibbes on

    praecepta @ 22:42

     

     

    Thanks for sharing that. Very interesting to hear.

     

     

    My own Granda was a respected union leader on the docks – he died when I was 4, but can recall the day. 3000 at his funeral at St Augustines, Milton. His brothers wanted him to join the Knights but he refused. Wish I could have known him better but my only memory of him is him shouting at me from the armchair when I chucked a dirty rag at him and told him he was het :) Oh, and the in the same year, when he took me to my first Celtic game :))

  6. !!Bada Bing!! on

    garygillespieshamstring-I read a stat about your moniker in tonight’s Evening Times,which surprised me.He played 86 games in 3 seasons,I would have guessed about half of that number.His nickname around me at that time was The Rigger,2 weeks on 2 weeks off.

  7. macanbheatha on

    praecepta on 10 May, 2012 at 23:37 said:

     

    I was referring to the Belfast yard

     

    Seriously they still boast about getting someone to clock them in while they went off doing homers thus earning two wages

     

    The place was heavily subsidized for years thus prompting this reaction

     

    from Harold Wilson

     

    http://www.youtube.com/watch?v=_1XbfR-yaqA

  8. H&W story by my Grandfather – retold by my mother:

     

     

    Boy turns up at H&W for a job as an apprentice.

     

     

    Formalities over – he is then asked what religion he is?

     

     

    Boy says – I am an atheist.

     

     

    He is then asked – what religion his parents are.

     

     

    Boy says – my father’s RC and my mother’s Prodestant.

     

     

    He is then told – tell your Granny on your mother’s side she can start on Monday!

  9. praecepta

     

     

    I was brought up an Episcopalian, piss in the pail as I remember what I was called at school, small town, not really much of a problem with religon as I recall.

     

     

    Not much a problem with anything really, no money, people had a problem feeding themselfs, that is what I remember.

     

     

    One thing I am gratefull for is my Da not standing in my way of being a Celtic supporter, he tried to discourage me, telling me the game was rigged, and that only one team were the beneficiaries of the system, and that it wasn’t Celtic, he knew, everybody knew, but he never stood in my way, for that I thank him with all my heart.

  10. Neil canamalar Lennon hunskelper extrordinaire on

    cults.,

     

    shipwrights, the birth of all scaffolders, I know because I’m related to the guy that argued did they wand a labourer to decide or an ecperienced shipwright,. when they accepted shipwright as a skill they accepted scaffolders, he’ll know who I’m talking about, happened round the same time as Reid.

  11. macanbheatha on

    BTW that’s a great site for any of you bhoys that want to search out your Irish roots

  12. Fortunes Favour Mibbes on

    Canamalar,

     

     

    you back in already ?? :)

     

     

    Be in Molly’s Hope St on Saturday if you can make it. Owe you a few pints now.

  13. Only shipyard story i have is that my brother left school in the 70’s with no qualifications but got in as an apprentice at Marathon (later UIE) in Clydebank.

     

     

    He tells of his 1st day there that he was told to watch out when he was coming down the ropes or `The Shagger’ would get you.

     

     

    1st tea-break the apprentices are coming down the ropes fireman style until a voice booms out – “I’m gonna shag ye!”

     

     

    Looking down, the apprentices see a man mountain at the bottom of the rope.

     

    Panic ensues with the poor guy at the bottom getting booted down into the embrace of “The Shagger”. After witnessing a horrendous dry hump the rest of the apprentices found alternative routes down.

     

     

    Always made me smile that story.

     

     

    Don’t know how my brother got in to Marathon but I don’t remember it being too difficult for him.

     

     

    HH

  14. harryhoodsdugbitme on

    Art of War 23.31. I’ve been going over to Thailand for an age. The work PL is doing is great. (see my post). Bringing the Thai royal family in to this discussion is unfortunate to say the least even if well meant. HH.

  15. MWD

     

    In the previous article you posted that you were in the 3rd row from the front.

     

    I was in that row also. Seats 7, 8 and 9 with MrsSPF and MissSPF.

     

    Were you in the next 2 seats up from us?

     

     

    SPF

  16. macanbheatha on

    THE EXILED TIM on 11 May, 2012 at 00:02 said:

     

    Is she the one with the whistle?

  17. remember reading once there were about 7k employed in H W and about 6 7 hundred were catholic,,,i think these figures were mostly correct although not 100% sure…roughly

  18. harryhoodsdugbitme – Already got a txt saying wtf! from my mate. I should have done a tiny bit of research before writing but fortunately NOT posting said letter.

     

     

    Well meant bit was right but ignorance of situation from me is not! Unfortunate is an understatement.

     

     

    HH

     

     

    backtothedrawingboardcsc

  19. Neil canamalar Lennon hunskelper extrordinaire on

    FFM,

     

    I took the lock out option, had my fill, then time for baw baws.

     

    dont do cyber pints so nothing owed here, already got a date for saturday in Bar67, if all goes well I might be allowed to stay out late :o)

  20. macanbheatha on 10 May, 2012 at 23:49 said:

     

     

    As I said in an earlier post – the H&W roots have spread far and wide from the southside of the river all those years ago.

     

     

    Neil canamalar Lennon hunskelper extrordinaire on 10 May, 2012 at 23:52 said: cults., discussed shipwrights………….

     

     

    My pal’s brother wanted to work for Weir’s of Cathcart (mid-60’s) – they were employing; shipwrights and capstan setters – join the lodge and get a job.

     

     

    2 milestones (in my family) in 1967 – the Lisbon Lions won the EC – my uncle became the 1st ever RC foreman draughtsman with Weirs.

     

     

    They have a lot to answer for!

  21. Fortunes Favour Mibbes on

    Intersting stuff on BBC2. How the Sex Pistols found themselves being challenged by religious groups and the headlines reflecting such, when their fight was with poltiics. Cannae whack the ole establishment. Always been a sneaky bollocks.

  22. macanbheatha on

    THE EXILED TIM on 11 May, 2012 at 00:12 said:

     

    You dirty old man:she’s only a child :-)

  23. Neil canamalar Lennon hunskelper extrordinaire on

    union dues collected in orange halls, they had to accept catholics to get the backing, regardless how they painted it, destruction of their dogma started there.

  24. Fortunes Favour Mibbes on

    canamalar

     

     

    If you can, drop me an email at info@tb-design.co.uk with your mob, and will try and meet Saturday late. In Molly’s til closing, and will probably head to Oran Mor for late lubrication.

     

     

    Otherwise, see you some other Thursday :)

  25. Im just home from a remarkable C(K)eltic night in the concert hall with the Lioness and all of the cubs. I was in the poor seat 9 rows back……

     

     

    We had outstanding music from around the world including pipe bands playing our countries national anthem, London bands playing i’m London Irish, Irish dancers but the highlight of the night was the young team. Their enthusiasm was infectious .

  26. Neil canamalar Lennon hunskelper extrordinaire on

    FFM,

     

    oran mor is local, unless hospital calls, I’m a player :oD)))))

     

    see you in oran mor on sat