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Whyte’s criminal trial, 5088 and the Summer of Love

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There are two types of people you don’t want to mess with, those with enormous resources, and those with so little going for them, they have nothing to lose. It doesn’t matter how self-righteous you feel, if you go to battle against either, you will likely end up a loser.

You and I agree that Mike Ashley is one of the last people you would want with an undue influence on your football club, but Mike is not a guy you do battle with. He’s simply too powerful, too rich, with too many good lawyers to stand a hope against.

On the opposite end of the scale, you have Our Hero, Craig Whyte, who pitched up at Glasgow High Court this morning, for his trial in connection with his purchase of Rangers in 2011, prior to the clubs descent into liquidation a year later.

The Great Football Swindle was not a one-man job, but Craig is the only man in the dock. He has nothing to lose, no friends to protect and no reason to respect discrete courtesies.

Rangers’ administrators, Duff and Phelps, entered into an irrevocable contract to sell the club’s assets to Sevco 5088 Ltd during the Summer of Love (2012), a company which Whyte claims a controlling interest in. Those assets were, however, sold to Sevco Scotland Ltd, later renamed The Rangers Football Club Ltd (and sitting third in the Scottish Premiership).

That transaction has been disputed since, and four years ago yesterday, Newco Rangers founder, Charles Green, announced his intention to resign, after Craig Whyte revealed he was a director of Sevco 5088 Ltd, a company publicly represented by Green at the time it entered into a contract with Rangers’ administrators.

Evidence revealed at this criminal trial will be of enormous interest to many.

Oh, and the ‘Our Hero’ thing, Craig Whyte is no one’s hero, I’m mocking those who treated him as such when they should have worked to protect their club. He was a very transparent exploiter.

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390 Comments

  1. Young Hoops getting booted about by the young Huns.

     

     

    And now the MIB sends off a young Hoop to give his favourite team a chance.

     

     

    Plus ca change.

     

     

    FFS.

  2. All those weans’ hairstyles makes it look like a Charlie Mulgrew tribute match.

     

     

    ModernRomanceCSC

  3. No wonder Liam Henderson looks knackered half the time. I thought it was just a hrash training regime..

  4. Well done the young Hoops. Pumped them 2-1.

     

     

    Could have been 5 or 6.

     

     

    Hope the big Bhoys are more clinical on Sunday.

  5. Beelin Huns no enjoying handshake.

     

    Ref was a total wanker gave them everything then stepped up his game with a red.

     

    That load a shite needed more than a ref

  6. frannyb67 8:58 –

     

     

    “They don’t have birth certificates HH”

     

     

    Or umbilical cords.

  7. FAN-A-TIC on 20TH APRIL 2017 8:57 PM

     

    Beelin Huns no enjoying handshake.

     

     

    Ref was a total wanker gave them everything then stepped up his game with a red.

     

     

    That load a shite needed more than a ref

     

    —————————————————–

     

    I totally agree…though the wife did tell me to shut up and stop being such an eejit.

     

    :O( hun…….ny bunch.

  8. McInroy sent off because he was showing up the new Fleck. Huns need not worry about Chelsea signing him they will send him back within a year.Lightweight flopper who makes the odd pass

  9. 50 shades of green on

    Had you use the mute button second half, that tosser Smith makes Carragher sound like Albert Einstein

  10. thomthethim for Oscar OK on

    That game tonight is a blueprint for how Sunday’s game will pan out.

     

    They will fly into tackles and play the long ball and we will over play the ball and leave ourselves open for the break.

     

     

    We have to be more clinical with our superior possession.