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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Nytol
Been a good day.
Take care and god bless Timland
HH
KTF
Meanwhile, Lennon, who has pulled the plug on a pre-contract move for injured Polish defender Jaroslaw Fojut, revealed that Celtic have bid £3m for a mystery player – believed to be 19-yearold Rosenborg attacking midfielder Markus Henriksen.
Read more: http://www.dailymail.co.uk/sport/football/article-2143967/Neil-Lennon-I-wont-sell-Gary-Hooper.html#ixzz1unMh3855
‘We bid for a player this week in excess of £3m, so the wheels are in motion to try to bring players in early,’ said Lennon.
The boss also cleared up any lingering doubt over his own future. ‘We have a board meeting on May 25, but there is nothing to resolve,’ he said. ‘I wouldn’t have thought there’s any doubt I’ll be here next season.’
Barton is a bargain for £3m… ;-)
Cults
So wd Messi.
Jude2005
we don’t need Messi we have DerryPele!
can you do that?
who has pulled the plug on a pre-contract move for injured Polish defender Jaroslaw Fojut
really?
antrimkev on 14 May, 2012 at 00:31 said:
can you do that?
Of course you can, that’s why it is called a PRE-contract.
so anybody we have signed on a pre-contract can tell us to feck off if he gets a better offer elsewhere?
that dosent make sense?
loovens has looked half decent recently – well compared to K Wilson anyway
weeron on 14 May, 2012 at 00:34 said:
so we signed joe Ledley on a PRE contract
he could have told us to do wan at anytime until then?
no then?
so we have shafted the guy then?
Cults
Love the guy but he’s off in afraid.
Sorry if I missed this but is the Green proposal been accepted as a preffered bidder proposal, or acceptance of formal ownership of the club?? The terminology is doin ma nut in!?,
Antrimkev
There is a specific clause in pre contracts to cover injury.
The lad had a scan in London this week, accompanied by the Celtic doctor.
This showed a cruciate tear, which would put him out for 9 months.
Celtic withdrew from the deal,correctly.
Tragic for the boy, who now finds himself severely injured and out of contract.
Anybody still up??
antrimkev @ 00:37
I guess there will be specific clauses in the pre-contract agreement which will name specific reasons which can cause the contract to be withdrawn. Injury to the player during the pre-contract period would seem like a sensible set of circumstances to name as a specific reason for which the contract can be withdrawn. It won’t be as simple as getting a better offer, or going off the idea, or whatever.
thomthethim CQN (genuine) Badge Wearer on 14 May, 2012 at 00:47 said:
thats grand mate
i knew you couldnt just say na feck it were out
we have shafted the fella – no club now?
AntrimKev
Any contractual agreement is always subject to a medical.
We are not doing the dirty on him.
He failed the medical.
TT
no we have shafted the guy
PS
This is Fojuts second cruciate tear.
Celtic cannot through millions away on Daniel Prodan type signings.
Well done the club doctor.
Tough on the boy , but Celtic cannot be woefully negligent with their scarce resources.
TT
Through= throw
TT
so the guy has no club now
he would have signed a new deal with the club he was at, then we came sniffing around him
then he signs a pre-contract with us
he then gets injured
we say Feck off
and the guy has no club – no money no nothing for 9 months
ok
TinyTim on 14 May, 2012 at 00:54 said:
PS
This is Fojuts second cruciate tear.
Celtic cannot through millions away on Daniel Prodan type signings.
Well done the club doctor.
Tough on the boy , but Celtic cannot be woefully negligent with their scarce resources.
———
Bang on how many ST’s is 4 mill. No need to answer just commercial facts. He will earn more than you or me over the piece I’m sure :)
estorilbhoy on 14 May, 2012 at 00:43 said:
Sorry if I missed this but is the Green proposal been accepted as a preffered bidder proposal, or acceptance of formal ownership of the club?? The terminology is doin ma nut in!?,
——–
Bhoys can anyone answer above please?
Is this 28 days later??? ( feels like it ya mad zombies:))
Fojuts with a cruciate tear is a desperation signing. We are not desperate. End of..?
Fantastic day, still defrosting though… Brrrrr.
Thank you Neil
From Celtic fc
http://www.celticfc.tv/presentation
CultsBhoy loves being 1st forever & ever on 14 May, 2012 at 01:05 said:
if we really wanted the guy, then whats 9 months?
he cost us nothing – we obviously wanted him – so what 9 months to us?
Loovens it is then, or rogne – whats that?
Injury prone
really?
MurdochauldandHay on 14 May, 2012 at 01:06 said:
did that really happen?
thats pash poor
Lenny planting the trophy down in front of the Green Brigade and standing back with his arms outstretched was a magnificent gesture. Lets hope its the beginning of something new and successful at Celtic. Who knows maybe change is in the wind. I don’t like the Man City Chelsea like approach either but maybe the dynamics are changing. No expected Barcelona Real Madrid CL final either. Lets hope that London club European CL success remains zero after May 19th.Then of course is whats gonna happen tae the huns…
…its going to get very very interesting very soon!
If Lenny bought Barton the one third Celtic supporters that I described last night
on CQN who think Celtic can do no wrong at any level would call it inspirational,
Timmery at its best, genius..even those who think he’s hun like today..and he is!
ANTRIM KEV 0109
I can fully understand your point of view,however the deal WAS subject to a medical.
No-one likes to be a b…..d in life,but sometimes life ain’t that simple.
I think if the injury was gonna keep him out till,say,November,we would probably have persevered with it,but February-at least!-was just too much.
But it is undoubtedly hard on the lad.
Margaret McGill on 14 May, 2012 at 01:12 said:
Lenny planting the trophy down in front of the Green Brigade and standing back with his arms outstretched was a magnificent gesture
really?
is this because the GB havent backed lenny since the UEFA and humping them banner thing?
GB, while being brilliant with displays etc havent covered themselves in glory with lenny
i think Lenny was saying 1-0 to him and GIRFUY GB
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS on 14 May, 2012 at 01:15 said
i understand that
but we had signed him?
if its a pre-contract – then any chunt can shag us?
it means nothing
antrimkev on 14 May, 2012 at 01:16 said:
Could be..but I doubt it!
ANTRIM KEV
He would have to deliberately fail a medical.
I’ll betcha BBJ is glad he failed his at the huns!
Come to that,a lot of us are…..
Duty calls for a few hours.
Have fun-and nae fa’in’ oot!