The very last thing anyone connected with Rangers wanted to read this morning is that Andrew Ellis, Craig Whyte’s former associate, is suing the Rangers owner for 24.9% of the club’s shares. This puts a further legal impediment in the way of any potential transfer of shares or stadium assets from Whyte to a new party. It remains to be seen if Ellis is in a position to legally enforce his claim however the veracity of his claim may be moot.
Prospective Rangers buyers do not have time to spend in court hearings and appeals before the start of the new season. If a phoenix (or even a CVA) is to be put in place it is likely that those with a claim, any claim, will need to be satisfied.
This development comes a week after Whyte transferred the security over Ibrox he holds through Rangers FC Group Ltd to Liberty Corporate Ltd.
Legal issues over ownership of shares and assets aside, Rangers’ administrators still have to deal with creditors, in particular, HMRC, who will soon learn if their tax demand against the club has been upheld by the First Tier Tribunal, and Ticketus. Duff and Phelps were denied the right to set aside the deal which Ticketus struck with Rangers to buy thousands of seasons tickets, leaving a path open for Ticketus to present a legal challenge to any deal which does not recognise their interests.
Chances of an early exit from administration appear to be diminishing by the day. Motherwell were in administration for four days short of two years between April 2002 and April 2004. If Rangers are not out of administration on the morning the new season kicks off they would start on minus 10 points.
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Jude 2005
sorry forgot to mention you were in the pub as well,the other place was Playa De La Arena
Philvis
Kerbie or Kerby
HH
row z
Thanks for explaining all of that. I do think that today’s revelations re a 23% claim on Craigey bhoys shares now opens a whole new can of worms that will have a dramatic effect on that ticking clock!
row z – Thank you my friend in Celtic, but no.
Kirby was the game where you bounced a ball off the kerb opposite you. I’m thinking of the one where you flipped coins at a wall to win money based on who got closest. (thumbsup)
Re Terry point on ssb 2 night.Ud think the investigative journalism gene would kick in with Guidi & co wouldnt you?
“a legend” couldn’t type for laughing while thinking back lennybhoy.
HAIL HAIL
philvisreturns on 10 April, 2012 at 22:57:
“I had an idyllic childhood in Coatbridge, it really was a marvellous place, the Athens of North Lanarkshire.”
Presumably because of the ruins in Dundyvan…
tommy asks mark when can he pick up the tainted medals.
http://soundcloud.com/jinkylarsson/terry-on-clyde
cheers Jinkylarsson, folloed it on from your soundcloud links.
brilliant.
tal
philvis
“I was quite good at that game where you flip coppers at a wall to win money. Can’t even remember what that was called though. :(”
I think it was called Kray Twins Police Officer shakedown scam
or maybe Pitch & Toss
philvisreturns on 10 April, 2012 at 23:01 said:
row z – Thank you my friend in Celtic, but no.
Kirby was the game where you bounced a ball off the kerb opposite you. I’m thinking of the one where you flipped coins at a wall to win money based on who got closest. (thumbsup)
—–
CHIP’N’ TOSS :-)
HH
TET I am behind you all the way on the fawning of the billy boy it makes my blood boil to see so called celtic supporters and lech who supporters dictate to us on a subject that they have not a clue about. As for the billy boy they are all the same bigots and anti catholic haters one and all and they will never change.
hail hail
Re Gollum and his stepping up to the plate today – he’s always there for that. He was the first one to jump on board when Steven Craven denied the alleged death threats, which were claimed by a certain odious individual responsible for SFA spin.
His disgusting speech today seemed to hit the headlines before Charlie Richmond’s news.
It is not only taxpayers money that this shower are abusing, but in terms of football supporters, we are again paying more than any other club for this treatment.
Gollum seemed very comfortable with his lies today.
I suspect Goat Blood has been consumed.
I’m glad I have a conscience – how empty must their souls be !!
link the right thing dunder heid
http://soundcloud.com/jinkylarsson/tommy-calls-mark-hately
HT
Yup……. and that’s just the start of litigation. Litigation is not often quick.
The only quick option I can see is a post Large Tax Case CVA.
If that happens I’ll be astounded of forehead.
The longer Duff and Duffer string this out the better.
HH
Coorslad
aye -ah know-just trying to reign maself in
Chip n toss….it’s really popular amongst the young uns’ just now.
For some reason they prefer the added dimension of playing it on the road and use the kerb instead of a wall!!!
ET..if your are still on..hh mon amigo
Zbyszek
Just count them remember :>)))
‘Tic talk….tick tock,tick tock. Waiting for Rankers Cankers to be excised from football is worse than being in the queue at the P.O. waiting to see if the government has given you your pocket money. Will they? Won’t they? It’s all a bloody lottery….much like Life.
I was more of a chap door and runaway kind of guy !
Saint Stivs on 10 April, 2012 at 20:37 said:
Thanks.
Was not aware of TAL=’Tims are laughing.’
TAL is far more significant than that.
I will stick to the original.
ZBYSZEK,
Emotional & informative post.
THANKS.
Terrymac,
Behave yourself with this playboy lifestyle.
Bankies DON’T DO all this exotic junketing.
Get back to the Esquire House before it is too late. :¬)))
Whitecrook
Thers a crackin wee Tapas Bar on the hill as you walk into Playa Da La Arena. Rolled out of there many a hot afternoon!!
Ps I was feezin ML5 watchin the game. Wd have loved to have been in Los G
leftclicktic on 10 April, 2012 at 22:57:
I know who Cha is and of his infamous stories, indeed a legend. However, I don’t know him that well. It was Barra that started the use of “Cha”. Cha used to visit me regularly in a previous place of work. Will explain when we meet for a beer.
philvisreturns on 10 April, 2012 at 22:57:
Yes, there is not a lot of other Teams supported in Coatbridge other than the Tic. That’s why I love it.
I live in Strawberry Fields, you may know it better as Southerhouse Park, where the old british steel works were and not far from where Peter Grant’s Father-in-Law had his Scrapyard.
It is indeed a green green place.
Keep the Faith!
Hail Hail!
Hi Lennybhoy,I have heard of “rammies” and can also tell you where the term comes from when I see you on Sunday as it is quite derogatory and not for public consumption. As for the Cha reference I think you made that one up,ha ha.
On another completely different matter middle daughter just sent me a picture of my grandson beside the Jock Stein picture at the Park.Makes you feel proud and humble at the same time safe in the knowledge that when we (me and you LB) are long gone the support for the Bhoys goes on.
HH
Steinreignedsupreme – Presumably because of the ruins in Dundyvan…
Only ruins I can remember there was the church. Unless you mean the Banks Club. (thumbsup)
setting free the bears; Art of War – I’m sorry guys, maybe it’s just my swiss cheese memory, but I don’t think it was called pitch n toss or chip n toss when I was a kid. (thumbsup)
Celtic champs elect (change yer user name btw!)
Some of them are good guys on a day to day, one to one basis, but when they get together something disgusting and strange takes a hold of them
it’s like watching a mogwai being fed after midnight!!
HH
Stein
Watch it. My first house was on Dundyvan Rd.
patbhoy – The term “Rammies” is not derogatory, it is descriptive. And that family did well to pull themselves out of poverty. (thumbsup)
Lennybhoy…Supporting Neil Lennon and CFC until I die – I live in Strawberry Fields, you may know it better as Southerhouse Park, where the old british steel works were and not far from where Peter Grant’s Father-in-Law had his Scrapyard.
I know exactly where you mean. I did smile when I first heard a housing developer had called it “Strawberry Fields”. :)
I love going back to the place, my wife and I have a particular fondness for Fratellis. (thumbsup)
FFM
I’m as sound as a pound, thanks for your thoughts.
…………………………
CCE
Just the way I feel mi amigo, just the way I feel.
…………………………………………
johann
:>)
HH
Should have the outside finished in the next week or so, the grandweans are taking up much of the time, I will post the pics when it’s done.
philvisreturns
in the frozen wastelands of Airdrie we called it Wally.
Kilbowie Kelt on 10 April, 2012 at 23:06 said:
Saint Stivs on 10 April, 2012 at 20:37 said:
Thanks.
Was not aware of TAL=’Tims are laughing.’
TAL is far more significant than that.
I will stick to the original.
—————————–
aye, we like the original as well.
i think the parody is that any huns looking in will see us using TAL and assume its the previous meaning.
for me, it means both.
TAL.
like my own Keep it Lit.
very few have ever picked up on it.
keep it lit
I take your point Phil,but some people did use it in a derogatory fashion,been in County Coatbridge longer than my learned friend Lennybhoy and know that from experience
HH
Philvis
That’s the posh name for it………… but then I’m a proper Weegie not a yokel…..
HH
There’s certainly a lot of fawning going on tonight….
Good night and may your God go with you.
TTTT
Philvisreturns
Marbles – i think they were called boules – spelling??
Roy Croppie
in the frozen wastelands of Airdrie we called it Wally.
Thats what we called it in Mossend then I emigrated up to sunny Coatbridge.
HAIL HAIL
patbhoy on 10 April, 2012 at 23:07:
I see you got your password sorted. I will explain to you on Sunday about who Cha is.
It will be a few good years before you and me take our leave of ‘Paradise’ and hopefully take our place in the eternal Paradise, well me anyway…:)
You’ll need to show me the photograph on Sunday.
philvisreturns on 10 April, 2012 at 23:11:
Fratelli’s food is good. Let me know the next time you are in the area, meet for a pint. lennybhoycfc@gmail.com
Keep the Faith!
Hail Hail!
I’m very fond of fawns,
Is that fawning enough?
Anybody know a good sauce for venison?