HelpMordorPolis
Really? That's your suggestion? Ok lets follow that through.
PBN starts registers an SPV and starts to raise cash from fans. £18m is the reported figure Whyte paid + capital to date, so we need to raise at least that I would guess.
So I'm stellar and get all regular 40,000 fans to cough up £500 each and raise £20m. I pay Whyte off and install myself as Chairman.
2 months time the taxman comes and cleans me out and the club have nothing left.
So I've just cleaned the supporters out of £20m and changed nothing.
Awesome me.
Ek- If you go under would you let Whyte stay in control?
We may have mortgages on houses but not when our funds are being ring fenced and facing crippling fines which may terminate any chance of future revenue.
We fooked mate.
Paisley-
Whyte has just done something very similar, except Ticketus provided the cash. All you have to do is turn up for the next 4 year's, whether you want to or not.
Whyte has been brought in to make it as unappealing as possible for HMRC to put the club under.
Why do you think HMRC are spitting feathers over this and Craig Whyte?
When MIH owned Rangers, MIH was liable for any Rangers tax bill as it was a subsidiary of MIH and no doubt the club was backed by a PCG to allow them to borrow the amounts they did.
So what happened? Murray sells the club to a man who specialises in struggling businesses. Said man, structures the ENTIRE deal such that he is preferred creditor and removes the deep pockets of MIH from HMRC's grasp.
Not only that, knowing that there is a risk of administration (where Whyte is protected), he stalls on paying a £4.3m debt to the taxman because he thinks, why pay them £4.3m now, when if I wait and they put me into administration, they'll get diddly squat?
I might not like what is happening at the club, but it's been structured to allow the club to try and survive.
The real villain in all of this is Murray for getting us into this mess and cutting us loose after it.
Whyte is doing pretty nasty job that needs doing to try and save the club.
What you are alluding to would see Whyte in the pokey. No chance.
Really HMP? What is illegal in what I've suggested?
Company sells ailing football club to focus on core business? Legal
Buyer of said club structures deal so he is preferred creditor? Legal
Buyer of club has complaint over application of penalties and interest on tax debt? Legal
Club hit by tax bill and goes into administration, repay secured credit (buyer) everyone else gets 1p in the pound? Legal, happens every day.
So what is going to get Whyte locked up?
"Surely a spellchecker to follow?"
Erm... No.
Whoooooosh!
"Whyte is doing pretty nasty job that needs doing to try and save the club."
And why would a succesfull billionaire lose all his respect in the business world if he had any
Paisley yer like a drowning man clutching for the last available straw with this nonsense hee hee face it
your fooked
IKNOWSIT
UKNOWSIT
EVERYCVNTKNOWSIT
"your fooked
IKNOWSIT
UKNOWSIT
EVERYCVNTKNOWSIT"
Fat Lady hasnt sung yet my friend
No-one knows a thing....everyone is just assuming we are fooked.....thanks to a story in the Daily Record.
Tax case is still my biggest worry......Jelavic being sold should keep the club going till that is resolved.
What happens after the tax case decision is made will determine what Whyte is all about...I'll hold fire till then and hope whatever team Rangers can put on the park can still compete with your mob...which at this present moment they are still doing
St3vie...Thats Jelly an Everton player now
WBT
Ah hold on, you'll need to slow down here, one minute he's a skint pretender, the next he's a Celtic man in disguise and now he's a successful billionaire?
Why would Whyte, an unknown business recovery specialist buy Rangers at a time when it is facing financial hardship and being chased by HMRC for £49m? You tell me why, because he did it.
Let's see how this one pans out, imagine after putting the club through administration he sells them on for a tidy profit? Wouldn't that be what he normally does?
Why is my speculating any less valid than yours? Despite mine being lightyears more realistic in the business world?
st3vie, you can put lipstick on a pig but hey ya wanna know something it' stil a fvcking pig
Record printed a story that i posted on here in july ???? Wonder why the time delay?? even the daily ranger have had enough of SNAW. No more cosy succulent lamb dinners snaw only has toast n tea.
ROUNDYEEZ
Paisley-
He is deliberately withholding monies due to the vat man. PAYE, VAT from Ticketus advance plus the fine. £14 million apparently. This will get you bird.
Paisley.........We tried to to tell ya,aww this spending would come back an haunt youse
Celtic man Snaw way he's too ugly and i think it has been proved he aint no billionaire Who says it will be admin??? could be liquidation
Keep clutching paisley you're are getting extremely desperate trying to defend a person who you should be enquiring as to what his real intentions for the club are like.
Frontloaded Warchest
He would pay off lloyds with his own money
Why aluko couldnt even get bought without him paying his own way ????
4 years worth of season book money gone, thats why you have to pay up front if you want one next season no more DD payments ??? he needs the dosh ASAP.
And all this is without the taxcase keep defending him
Are you really serious if so i'm happy because i just cannot wait til the balloon bursts
The excessive use of emoticons suggest you are unhinged and the pi5h you just posted proves it <ok?
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Page 3 of 3
posted on 31/1/12
HelpMordorPolis
Really? That's your suggestion? Ok lets follow that through.
PBN starts registers an SPV and starts to raise cash from fans. £18m is the reported figure Whyte paid + capital to date, so we need to raise at least that I would guess.
So I'm stellar and get all regular 40,000 fans to cough up £500 each and raise £20m. I pay Whyte off and install myself as Chairman.
2 months time the taxman comes and cleans me out and the club have nothing left.
So I've just cleaned the supporters out of £20m and changed nothing.
Awesome me.
posted on 31/1/12
Ek- If you go under would you let Whyte stay in control?
posted on 31/1/12
We may have mortgages on houses but not when our funds are being ring fenced and facing crippling fines which may terminate any chance of future revenue.
We fooked mate.
posted on 31/1/12
Paisley-
Whyte has just done something very similar, except Ticketus provided the cash. All you have to do is turn up for the next 4 year's, whether you want to or not.
posted on 31/1/12
Whyte has been brought in to make it as unappealing as possible for HMRC to put the club under.
Why do you think HMRC are spitting feathers over this and Craig Whyte?
When MIH owned Rangers, MIH was liable for any Rangers tax bill as it was a subsidiary of MIH and no doubt the club was backed by a PCG to allow them to borrow the amounts they did.
So what happened? Murray sells the club to a man who specialises in struggling businesses. Said man, structures the ENTIRE deal such that he is preferred creditor and removes the deep pockets of MIH from HMRC's grasp.
Not only that, knowing that there is a risk of administration (where Whyte is protected), he stalls on paying a £4.3m debt to the taxman because he thinks, why pay them £4.3m now, when if I wait and they put me into administration, they'll get diddly squat?
I might not like what is happening at the club, but it's been structured to allow the club to try and survive.
The real villain in all of this is Murray for getting us into this mess and cutting us loose after it.
Whyte is doing pretty nasty job that needs doing to try and save the club.
posted on 31/1/12
What you are alluding to would see Whyte in the pokey. No chance.
posted on 31/1/12
Really HMP? What is illegal in what I've suggested?
Company sells ailing football club to focus on core business? Legal
Buyer of said club structures deal so he is preferred creditor? Legal
Buyer of club has complaint over application of penalties and interest on tax debt? Legal
Club hit by tax bill and goes into administration, repay secured credit (buyer) everyone else gets 1p in the pound? Legal, happens every day.
So what is going to get Whyte locked up?
posted on 31/1/12
"Surely a spellchecker to follow?"
Erm... No.
Whoooooosh!
posted on 31/1/12
"Whyte is doing pretty nasty job that needs doing to try and save the club."
And why would a succesfull billionaire lose all his respect in the business world if he had any
Paisley yer like a drowning man clutching for the last available straw with this nonsense hee hee face it
your fooked
IKNOWSIT
UKNOWSIT
EVERYCVNTKNOWSIT
posted on 31/1/12
"your fooked
IKNOWSIT
UKNOWSIT
EVERYCVNTKNOWSIT"
Fat Lady hasnt sung yet my friend
No-one knows a thing....everyone is just assuming we are fooked.....thanks to a story in the Daily Record.
Tax case is still my biggest worry......Jelavic being sold should keep the club going till that is resolved.
What happens after the tax case decision is made will determine what Whyte is all about...I'll hold fire till then and hope whatever team Rangers can put on the park can still compete with your mob...which at this present moment they are still doing
posted on 31/1/12
St3vie...Thats Jelly an Everton player now
posted on 31/1/12
WBT
Ah hold on, you'll need to slow down here, one minute he's a skint pretender, the next he's a Celtic man in disguise and now he's a successful billionaire?
Why would Whyte, an unknown business recovery specialist buy Rangers at a time when it is facing financial hardship and being chased by HMRC for £49m? You tell me why, because he did it.
Let's see how this one pans out, imagine after putting the club through administration he sells them on for a tidy profit? Wouldn't that be what he normally does?
Why is my speculating any less valid than yours? Despite mine being lightyears more realistic in the business world?
posted on 31/1/12
st3vie, you can put lipstick on a pig but hey ya wanna know something it' stil a fvcking pig
Record printed a story that i posted on here in july ???? Wonder why the time delay?? even the daily ranger have had enough of SNAW. No more cosy succulent lamb dinners snaw only has toast n tea.
ROUNDYEEZ
posted on 31/1/12
Paisley-
He is deliberately withholding monies due to the vat man. PAYE, VAT from Ticketus advance plus the fine. £14 million apparently. This will get you bird.
posted on 31/1/12
Paisley.........We tried to to tell ya,aww this spending would come back an haunt youse
posted on 31/1/12
Celtic man Snaw way he's too ugly and i think it has been proved he aint no billionaire Who says it will be admin??? could be liquidation
Keep clutching paisley you're are getting extremely desperate trying to defend a person who you should be enquiring as to what his real intentions for the club are like.
Frontloaded Warchest
He would pay off lloyds with his own money
Why aluko couldnt even get bought without him paying his own way ????
4 years worth of season book money gone, thats why you have to pay up front if you want one next season no more DD payments ??? he needs the dosh ASAP.
And all this is without the taxcase keep defending him
Are you really serious if so i'm happy because i just cannot wait til the balloon bursts
posted on 31/1/12
The excessive use of emoticons suggest you are unhinged and the pi5h you just posted proves it <ok?
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