“I brought Charles Green in to buy Rangers”

851 Comments

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1. Che on 18th October 2012 12:26 pm

   jungle jam67

    

    

   absolutely, and by running the club/company at a £4m loss they were actually more financially astute than the previous and possibly current regimes,

    

    

   Give it back to D&P I say

    

   They knew what they were doing.
2. blantyretim on 18th October 2012 12:27 pm

   Had to laugh this morning

    

   Radio advert for the original Glasgow derby. He he
3. The Battered Bunnet on 18th October 2012 12:29 pm

   C_F

    

    

   Are you suggesting I’m Chloe Smith? :¬)

    

    

   The Sevco business model is ‘unorthodox’. No new business, provided it is well capitalised, should be reliant on external investors to support cashflow within months of start up.

    

    

   No one has explained why Sevco needs to float so quickly.

    

    

   Or indeed, why they need to at all.

    

    

   The smart play would have been to run the business at a profit while they climbed the leagues, and float when they were promoted to the top flight, thus allowing the original investors to get out with a profit in the manner of Fergus McCann.

    

    

   Doing so now, thus diluting the original investors, when the company oughtn’t need the money, suggests they were not adequately backed in the first place, or there is an undeclared need for cash.

    

    

   And that’s all the Secretary of State has told me, as of lunchtime today.
4. miki67 on 18th October 2012 12:29 pm

   And yet the duffers walk away with £3million for stitching up the admin. and the creditors still have zero….apart from the odd sop or two flung towards a couple of clubs.

    

   Who will get the juicy admin. bidness I wonder when the newcon goes under?
5. DontPatmadug on 18th October 2012 12:30 pm

   RIP Sylvia Kristel
7. hoopeddreams on 18th October 2012 12:31 pm

   Jungle Jam

    

    

   I am unsure what BDO will be doing once they are in position. They may not be at all interested in D& P, and it might take a formal complaint from a disappointed creditor to the appropriate professional body before there is any kind of formal investigation.

    

    

   My point is that the relationship between Whyte & D & P is controversial and the BBC has all the relevant evidence to prove this. I cannot believe that any broadcaster would take the risk of impugning the integrity of a firm like D & P without being sure what they were saying was true.
8. ernie lynch on 18th October 2012 12:32 pm

   Hun season book prices ‘start at’ £258.

    

    

   I don’t know what the average price is so the overall income is conjecture. Whatever it is the figure includes VAT at 20%.

    

    

   The wage bill is down, but is still very substantial.

    

    

   The other running costs will be much the same as they were, eg Ipox has a rateable value of £1.9m ( £400,000 more than Greene paid for both it and Murray Park together. Which is odd.)

    

    

   Advertising, sponsorship and prize money? Buttons.

    

    

   They ain’t in a good place financial wise.
9. greenjedi on 18th October 2012 12:33 pm

   CF

    

    

   Its not life in Division 3 that is expensive (as other clubs prove it is very cheap to be a 3rd division club as their players all practically amateurs, its Ibrox, Murray Park and all their employees that is expensive
10. Gretnabhoy on 18th October 2012 12:33 pm

    Kit alba 10.11

     

    Well done for resurrecting that piece from 2002. Very very interesting and at least shows the insight and intelligence of one of the Ibrox Directors. Of course I recall he got pilloried for it at the time. If only they had listened to him, thankfully they didn’t !! lol. HH
11. JohnBhoy on 18th October 2012 12:41 pm

    From Traynor’s ridiculous, and unprofessional, mix of reportage and MediaHouse-fed opinion in the Daily Record:

     

     

    “To be fair to Whyte, he did introduce Green to one of the administrators – but it was in a Chinese restaurant in London days after Zeus had brought in the Yorkshireman to mastermind the takeaway, sorry, takeover.”

     

     

    Green says Duff & Phelps brought in Zeus Capital in February after they were recommended to them (by whom?) for their “experience in football”.

     

    Zeus (Imran Ahmad and Brian Stockbridge, who had no prior “knowledge of football”) then brought in Green (former Sheffield United chief executive).

     

    But Green says he needed Whyte to introduce him to the administrators in May so that “they could take me seriously”.

     

     

    As for Whyte, he says he introduced the “buyers” to Duff & Phelps.

     

    Zeus Capital are the office boys. Green is the loudmouthed frontman.

     

    Who are the REAL buyers?

     

    Ticketus? Leo Knifton? Rafat Rizvi? Minty Moonbeams?

     

    This stinks to high heaven.
12. A Ceiler Gonof Rust on 18th October 2012 8:54 pm

    Thanks to all who responded to my renat last night re my multiple link post re the complete works of Billy Nowell and apologies to P67.

     

     

    For WMD if he still has his popcorn…………………….

     

     

    In no particular order.

     

     

     

    The Complete Works of Billy Nowell Part 1.

     

     

    1. Billys Lament by Billy Nowel

     

    l

     

    http://www.youtube.com/watch?v=IMyh1cGUUBs

     

     

     

    2. The Laughing Tim by Billy Nowell

     

     

    http://www.youtube.com/watch?v=oqiXRNqPMwk

     

     

     

    3. Stadium of Silence by Billy Nowell

     

     

    http://www.youtube.com/watch?v=ylucI-soxJ4

     

     

     

    4. You Are Dead by Billy Nowell

     

     

    http://www.youtube.com/watch?v=t_Bj3OnPoIM

     

     

    5. Sir Minty by Billy Nowell

     

     

    http://www.youtube.com/watch?v=X-4s-P8-2Rk
13. A Ceiler Gonof Rust on 18th October 2012 8:56 pm

    The Complete Works of Billy Nowell Part 2.

     

     

     

    6. Subhuman Hunsick Blues by Billy Nowell

     

     

    http://www.youtube.com/watch?v=RriKdXTAfvI

     

     

     

    7. Yes We Will Survive by Billy Nowell

     

     

    http://www.youtube.com/watch?v=ZZMR3Xt1NIY

     

     

     

    8. Murray Murray Murray by Billy Nowell

     

     

    http://www.youtube.com/watch?v=Iee8EFQeVWE

     

     

     

     

    9. A Story by Billy Nowell

     

     

    http://www.youtube.com/watch?v=RQEb-rJgy9I

     

     

     

    10. Goodbye Glasgow Rangers by Billy Nowell/Celticminded.com

     

     

    http://www.youtube.com/watch?v=0zi4FwUGsX4
14. A Ceiler Gonof Rust on 18th October 2012 8:57 pm

    The Complete Works of Billy Nowell Part 3.

     

     

     

    11. Smelt like Dung by Billy Nowell

     

     

    http://www.youtube.com/watch?v=4ybPBXIpEis

     

     

     

    12. The Trophy Stripper by Billy Nowell

     

     

    http://www.youtube.com/watch?v=KuzLvBuxxfo

     

     

     

    13. League With No Shame by Billy Nowell

     

     

    http://www.youtube.com/watch?v=JgKXfEcZlMY

     

     

     

    14. Always Chasing Rainbows by Billy Nowell

     

     

    http://www.youtube.com/watch?v=XzdZA7ZhA2M

     

     

     

    15. Charlie Said by Billy Nowell

     

     

    http://www.youtube.com/watch?v=QYXIhxBPvpQ
15. A Ceiler Gonof Rust on 18th October 2012 8:59 pm

    The Complete Works of Billy Nowell Part 4. Plus 101 goals versus the huns bonus.

     

     

     

    16. He’s more Than A Hero to Me

     

     

    http://www.youtube.com/watch?v=-HyPCe73fdw

     

     

     

    17. He’s a Tim by Billy Nowell

     

     

    http://www.youtube.com/watch?v=4zt06w1eEOs

     

     

     

    101 goals v the huns

     

     

    http://www.youtube.com/watch?v=pnphuMb1IrM

     

     

     

    HH
16. A Ceiler Gonof Rust on 18th October 2012 9:00 pm

    renat = rant

     

     

     

    Haw:-)