Just a few days after the Blue Knight’s offered Craig Whyte £500k for his shares in Rangers Our Hero sold to Charles Green, who is now owner of the embattled football club, for £2. Craig has doubled his money in a year after buying Rangers for £1 last May, but as he accepted a bid for his shares a quarter of a million times smaller than that of the Blue Knights, curiosity has peaked.
For many months Celtic Quick News has billed Craig Whyte as the only show in town, that he would only sell to someone who paid his substantial asking price, or who was his proxy. No one is suggesting Whyte has pocketed £2 for his trouble and dropped off the scene in a sudden bout of benevolence. There is clearly tons we don’t know about this deal.
We’re grateful to Paul McConville for his research on Charles Green today. I am sure Paul only spent a short time researching the subject but it was nonetheless a fruitful endeavour.
I may have missed specific reference to his security over Ibrox but Mr Green does not have the disposition of someone who owns a football club without a ground, so it would be reasonable to assume that Whyte’s security is now in the control of Green. In time we’ll find out how these assets changed hands but I suspect nothing will be said publicly on this subject for now.
Craig Whyte did not start the Rangers crisis, he never had an EBT from the club and he repaid all of Rangers bank debt. He has been enormously entertaining during his 53 weeks in charge and, from the little information provided on the 20-or-so mostly-anonymous venture capitalists who now own Rangers, he has passed the club onto what looks like an equally rewarding group of people.
If nothing else, he parted ensuring what is left of the club didn’t get into the hands of the Rangers support, accompanied by a pushy investor with deep pockets.
Cheers for that, Craig. Once this blows over, we need to get you in for the Paradise Windfall.
I’m still freezing. Hug a radiator CSC.
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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SDM tapping Wee Fergus’s phone.
I Widnae put it past him as it seems he was tapping everybody else!
Tricoloured ribbon
you are entitled to be suspicious of their impending demise ….they are a shower of scheming,cheating wretches
however
they`re goosed this time
if not forever certainly for a long time to come
Thanks Paul
SwanseaBhoy
Safe journey home to all from Derry.
Laird of the smiles.
So we had a genuine incompetent and not a bigoted one?
The other linesman in front of us is Jambo season ticket holder……..
Another fecking hun story,we are the champions feck them. Cheating barstewards
40 minutes of Charles Green presser
That’s a geeat day.. My youngest first communion.. It poured.. Chapel and singing beautiful.. Spiritual .. Said a wee prayer for MWD too..
Hooper awesome .. Family gathering .. Folks coming in on way home from Paradise…
A wonderful life affirming day..
Neil Lennon I salute you!!
Thank you ..
God bless the Celtic family..
HH
Just listened to FPLG on news saying he wanted to sit down with Charles in the next 48hrs to discuss preseason. Swally, save yersel the bother pal, get an aviva or mcgills bus tae Neilston Juniors, Arthurlie, Johnstone Burgh & Glenafton Juniors. Problem solved.
Okay, I’ve read through a few bits of news on the Rangers sale. Through all the bluster, only this statement seemed clear:
“Mr Green has secured, via a substantial financial commitment, a period of exclusivity to complete the purchase of the club and this is expected to be finalised at a creditors’ meeting on 6 June.”
I’m no financial expert, though I do pay taxes and VAT, but ‘complete the purchase’ by ‘6 June’ does not spell SOLD to me. If they have bought Whyte’s shares, as claimed, what the hell is there left to complete.
If anyone from the Scottish sports media is lurking, just for once, please, please, please spend a few minutes of critical analysis and try reporting the story rather than just the headline.
Shaking head.
S
dixiebhoy
Why are we surprised??
PFayr mo chara,
How do you see this panning out? Newco? If it is rest assured they will be back in the SPL.
quelle suprise Rangers on first on sportscene
this guy green just sounds dodgy lol
“This club will never have debts again.” Hmmmmmm. A statement that could be read in more than one way.
Date / Time Bet Type Leg Sort Market Event/Selection Result Stake Returns Reference
13 May 12 / 00:42 Single 1 Celtic v Hearts – Match Handicaps Celtic -2 goals @ 11/4 Won £100.00 £375.00 O/4494117/0000010/F
Thank you Celtic.
i know it dosent matter
but 3 calls out of 3 in the 1st half by the linesman
that were totally wrong
and totally 100% against Celtic
does he not know there is no “Old Firm” match to be promoted to?
Really?
Orcs on Sportscene first, wtf?
The BBC Scotland are taking the mick.
Have Sportscene really started with anything other than the Champions?!
Stupid Hun bassas….
T4
Lennon’s passion
Agreed 100% – too much hun chat on this forum.
CHAMPIONEES
Two of the most satisfying things in a day full of behaviour which epitomises Celtic…
Sammy clean through on goal with only the keeper to beat, SELFLESSLY feeds Gary Hooper for the second goal.
Broony who has never failed us from the penalty spot, SELFLESSLY moves aside for Hoops to complete his hat-trick.
This kind of SELFLESSNESS is what defines Celtic Football Club.
Brother Walfrid would be proud of today’s Celts.
( Or as he would have said,..’ Today’s KELTS.’ )
Just let that lot have a summer of head spinning nonsense and half-truths. They are in a mess,no matter how the likes of arch ned Moisty spins it.
We are the Champions and have a positive Euro campaign in the offing!
Anyway,I can now concentrate on sorting out another holiday in Malta; brilliant place!
I am having second thoughts about cancelling the Sky now,as i am convinced that we are destined for the CL Group Stages.
Theglasgowcelticway
Not surprised. I know they are hurting and will do anything to spoil my jelly and ice cream……
Just back in… what. a. day.
I love everybody tonight… I don’t care if I get no replies, I’m happy as a drunk monkey neck high in bananas
http://www.youtube.com/watch?v=6nZGv8VTBVE
BBC Scotland not the worst.Not by a long shot.
Mark Daly gonnae deliver the coup de grace next week..
typical bbc bias
son of Warsaw,could well have been,they were to stay around Glasgow until near 6,they were booked to sail out of troon,but all P&O ferries were cancelled..they have boarded a boat as we speak,I hope legally lol
I would say that the ESPN coverage of the Kilmarnock game has been the best yet,the Sky coverage is pathetic…but BBC Scotland is the real poison.
Listening to CG press conf.
Money not paid over (not a penny?) until CVA agreed. How will they keep going until then? Did I miss something?
BBC Scotland reinforce Dodo FFC’s sense of entitlement.
Horrible
Mendacious
Rotten
Channel
Oh Celtic did play today. Was getting a bit worried there with sportscene plus all this EPL lark I’ve heard today.
Kilbowie Kelt,
Just thinking about ye ma old Clydebank friend.
Up the Bisley!
Get the names of the producer and editor for tonight’s programme.
T4
I cancelled my Sky —the whole package. I have replied to them online via their response emails (What did we do wrong/fail in?). My main reason was their Skysports news coverage or lack of it regarding Celtic,and their fawning on Rangers. Got a phone call earlier this evening from them.A Scots lad, and I left him in no doubt why I left.Apparently all this has to be reported back to the HighHeidYins.So get dancing and let them know the truth.A level playing field is all we want.
coorslad on 13 May, 2012 at 22:37 said:
Does Ryanair still do flights from Derry to Prestwick?
I will never set foot on one of those boats again.They are alright when we get a bit of decent weather,but sure,that very rarely happens,and when it does – the season is already over.
Exiled Tim, we’ll see what comes out. Strap yourself into your seat before watching it.
Blow. You. Away.
Hello beautiful thing, maybe you could save my life…
http://www.youtube.com/watch?v=J8PB1a1c9zA&ob=av3e