Celtic Banter Archive February 21 2012

21 Feb 2012 23:18:53
So Strachan thinks Celtic supporters that want to see Rangers go under are "warp minded" and only "one or two" feel like that.Dream on.....DH

21 Feb 2012 23:03:57
Heres an interesting development.Paul murray and his consortium think that the way forward is a 50% split with fans to own the club.This is a great idea,i think it may be the way forward for smaller clubs.What i am curious to find out is how many of the rangers fans will take the offer up bearing in mind david murray was stung to the tune of 50m when he tried it.Early figures suggest £1000 for one voting share.so lets see you step up fans,cos we did................green jhedi

You and I both know that a takeover pre-liquidation will never happen.

If a takeover ever happens it'll be with a newco and a lower league. Not so appealing.

Wont happen itll be money men that buys shares supporters groups are talking about it but 1 not every body can afford in this climate a grand 2 the trust is at a bottom low at the minute, i for one would think twice.. i think itl will be a consortium with a fans place on the board but think a 50/50 wont happen personally not sure if id like it too either because financially might work against us... craig+babybear selling whyte toilet paper cheap cheap

21 Feb 2012 22:54:35
Copied From BBC.co.uk

Craig Whyte has admitted using money from the sale of future season ticket income "to complete the takeover" of Rangers football club in May 2011.

A statement issued by Mr Whyte said Ticketus paid £20m in return for ticket revenues for the next three seasons.

Rangers was forced into administration last week after failing to pay a multi-million pound HMRC tax and VAT bill.

The administrators said there was "widespread concern" about the Ticketus agreement.

The statement confirmed the money allowed his takeover to be completed and provided working capital.

In a separate statement, David Whitehouse from administrators Duff and Phelps, said: "Following information received, it is now apparent that the proceeds from the Ticketus arrangements amounted initially to a sum in the region of £20m plus VAT."

He said that £18m was subsequently transferred to the Lloyds Banking Group, who were owed money when Mr Whyte bought Sir David Murray's majority stake in Rangers.

"The application of the remainder of these proceeds is subject to further examination," Mr Whitehouse added.

The administrators confirmed that inquiries into the purchase of shares at the time of the takeover would continue.

The administrator said: "We are now investigating all the circumstances surrounding both the purchase of the majority shareholding in Rangers Football Club plc and the flow of funds which stemmed from the transaction and were intended to fulfil the purchasers' obligations at the time of the sale."

In his statement, Mr Whyte denied trying to make a "fast buck" out of Rangers while he was chairman of the Glasgow football club.

He said he was personally "on the line" for £27.5m in guarantees and cash, in connection with a controversial deal agreed with Ticketus.

Further examination
Mr Whyte said: "The arrangement with Ticketus - which was a three-season deal not four, as has been reported - was originally to provide additional working capital as had been the case previously under the old board.

"My corporate advisors came to me with the proposition that it was entirely possible, as well as highly beneficial, to negotiate a deal with Ticketus that would allow us to complete the takeover and maximise working capital for the club's day-to-day business."

The multi-million guarantees made by Mr Whyte, he said, showed he was committed to Rangers' future.

He added: "By any stretch of the imagination that is a very substantial commitment to the football club of which I have been a supporter since I was a boy and dearly wish to see through this crisis so that Rangers emerge as a financially fitter and stronger institution.

"I am the biggest stake-holder in Rangers and I face huge financial losses personally if the restructuring fails or is not allowed to proceed."

The statement went on to claim that Mr Whyte regretted not being more open about the arrangements he made with Ticketus.

He said, however, that Ticketus may not have been "very happy" if he had breached their confidentiality.

"It also has to be remembered that this was not me working alone and in isolation," said Mr Whyte.

"I hired top-rate corporate, financial, legal and tax specialists to guide me through this process and when you're paying for that kind of advice, it would be daft not to follow it."

Mr Whyte claimed that continuing losses would have meant Rangers going into administration, if not now then "some time in the future".

Looking to the future, Mr Whyte said he would not continue as Rangers Chairman after any restructuring by the administrators.

He said if he emerged from administration still in control of Rangers FC he would give "immediate consideration" to gifting the majority of his shares to a supporters' foundation.

****

Oh Dear!

TerribleBeauty

. This is goin well for us gers fans. Be debt free and ready to go again in no time!

21 Feb 2012 22:21:33
Have to laugh at the Rangers support whinging about slagging and gloating the Celtic support are handing out, the beauty of this is they aint seen nothing yet starting tomorrow night,with an old firm game at ipox to come and one at Paradise that should be enough to tip them over the edge.. Just remember ostriches in the words of our glorious leader This is not the end it's only the beginning.....Stevie

21 Feb 2012 21:53:32
OMFG

look out your life jackets as this will have you flooding the house with laughter
the latest goon post is saying the real villian in the saga known now as Administration Street is MARTIN O' NEILL

i just hope jebus did die on the cross or he's next in line for the blame

so PMSL

Lubo25

Actually I am that goon and I am a Celtic supporter,if you read the post its made in JEST, but the irony is the Matin Oneil years set in motion what we are seeing today. JS

JS
My hands up bud im big enough to admit when it get it wrong
im not a follower of the forces of denial

i wasnt meaning you being the goon
i meant the goon page
sorry if you took that part the wrong way

Lubo25

Excuse typos :)

Aw that was to good, daft mhanks!
WATP.gers

No PROBS Lubo :) JS

21 Feb 2012 20:52:13
Ed see coz they r in admin can they qualify for Europe? If no how many seasons r they not allowed to play in it for? {Ed001's Note - they can't play in Europe while in admin. They will have to re-apply the next time they are in a position to qualify and have come out of admin. I did read reports of it meaning a 3 match ban, but I have tried to find that in the regs and can't see it. Doesn't mean it isn't there mind! Those regulations are pages and pages of mind numbingly boring and tedious gobbledigook.}

They have to be out of admin by 31 March to qualify for Europe and only then, if their accounts have been submitted by 31 March, which were due for submission to companies house on 31 Dec 2011.

21 Feb 2012 20:04:31
So swiss tony used the ticketus cash to buy rangers before he had actually taken over.One obvious question is how? How could he gain written proof of ownership to be able to strike this deal? Could a certain person inside ipox have given some assurances in order to smooth the path to completion? Could this person be in such a rush,so desperate,as to make sure this deal happened? It is just me or has this got Minty Moonbeams stamped all over it?You have got to hand it to swiss tony,"lloyds were paid from one of my own companies",yes,after ticketus had paid the money through whytes lawyers.All the time spent telling "the peepil",all the timmy conspiricies,all the in whyte we trustees,and now they know.Stitched up,ripped off and facing liquidation. Anybody else feel that this might get even better?....green jhedi

James Traynor said on radio tonight
even more news out this week and its worse than what was released today

Lubo25

21 Feb 2012 19:28:28
Just been announced on the news that whyte HAS used the TICKETUS money to pay LLOYDS banking group,

I think fraud charges will be on there way

hail hail

Marco1888

21 Feb 2012 18:48:53
So Whyte has used Ticketus money to buy rankers! Anyone on here known this for a while?

DazzaBhoy

21 Feb 2012 18:32:11
Posted by a Rangers supporter on the Shame's page:

"That is entirely true and he isnt hiding that fact anymore, although if he had been more open from the start then people might understand more. what people dont realise is that the money from ticketus (which is not a loan as they own the tickets now) is secured against another of Whyte's companies. therefor he is liable, not Rangers. This paid off lloyds 18 million with the rest keeping the club running (still at a loss). it was other factors, primarily former employees ring fencing funds, that forced us into administration. The ticketus money will only become an issue if fans dont buy season tickets over the next two years. I firmly believe that Whyte has a plan and shudder to think what state we would be in (liquidation) if he hadnt done what anyone else wouldn't dare. He is a Rangers man and we shouldn't forget that. he is also very smart and surely understands the consequences of putting Glasgow Rangers out of Business for good, where could he hide?"

You just couldn't make it up. I'm beginning to really like Rangers supporters for all the entertainment they are giving me. Might hire one as a clown for my jelly and ice cream party.

They all believe in santa and the tooth fairy too....col

21 Feb 2012 17:59:16
when is ed007 gonna be back,cos these pages arent getting updated as often as usual?artybhoy {Ed001's Note - I don't know mate, sorry.}

21 Feb 2012 13:21:21
The brain cells of a Rangers fan, got both of these at work today.

1. Forget England, i have heard both Barcelona and Real Madrid have approched their league to see if its possible for Rangers to join, as a two horse race in Spain is boring.

2. We will never go bust, i dont fear liquidisation. I said, you mean liquidation, he said, both mean the same, one is the American word for it.

Joeshmo1888

Joeschmo1888: did you expect anything else mate? although the barca/real one is a classic! ...green jhedi

Joeshmo you said brain cells as though it had company,kb-bhoy

21 Feb 2012 12:48:00
There was apound coin thrown on the pitch at Ibrokes on Saturday, police are not sure whether to treat it as Assault or a takeover bid!

21 Feb 2012 09:20:02
Five things that Rangers Fc (IN ADMINISTRATION)
fans, now regret saying.

1) Mind the Gap
2) Motherwell will finish Second
3) even with -10 Rangers will still win SPL
4) In Ally we trust, he is a good tacician
5) Craig Whyte has a Plan

Bhoys/ghirls feel free to add your own
hail hail Timalloy

Nice one Timalloy

1) There are 2 American millionaires
2) There are 2 German millionaires
3) There are 2 Russian millionaires
i could go on .....
4) I ve seen Celik on you tube and he will rip you all apart
5) we dont do walking away ..lasted 70 mins last saturday

Lubo25

"Yeah 15 points, it's all over."

GoldCoastBhoy

1. RIP Celtic
2. Let's arrange for a hearse to drive around Celtic Park
3. Cousin will win us the league
4. If hibs and Motherwell and hearts and Kilmarnock and Dundee utd beat u and wee win the two old firms....etc
5. We've won the league again in November

Mikey Bhoy

4iar nae dough
Mind the gap
Making fun of our Manager !

Mrs E

No particular order:

1. "Jelavic is worth at least 10M".
2. "Craig Whyte is a billionaire".
3. "It's you lot who'll need to worry about finances considering you won't have any Champions League money" (funny on so many levels).
4. "In Ally we trust" (...to royally balls-up 6 competitions)
5. "We have quality over quantity" (true in some respects).

1?(As of 1994).... We all sit in the Govan stand and laught at you,,,, The BEGGARS.....
2/ WE ur the peeeple,
3/Timmy is to blame.
4/ The D---ly R----d has it in for us.
5/In Craig & Ally we trust... (chortle,sniggert)

20 Feb 2012 18:25:48
Very slow on here today,and no sign of 007.hope his wee niece isnt unwell again.artybhoy

20 Feb 2012 23:12:30
Ed is there any Celtic players with contracts expiring in the summer ? {Ed001's Note - try this link: http://www.transfermarkt.co.uk/en/suche/detailsuchespieler/suche.html?searchId=76407 that is a fairly reliable site.}

20 Feb 2012 21:51:52
Swiss Toni has said he plans to focus on his job
looks like he aint going away until he liquidates the place

Lubo25