06-06-2017, 17:40
For everyone following the case, it wont have come as a shock that Mr Whyte has been found NOT GUILTY of fraud.
We have heard about the trouble Murray international holdings were in prior to the sale to Whyte, Probably trading insolvently.
We heard about Sir Daves desperation to get rid of a loss making Rangers.
We heard how Sir Dave was being incentivised to dump rangers to anyone, he was being allowed to buy back half of MIM for one pound which he had sold to the bank for 118m only 18 months prior.
We heard about the dysfunctional board who couldn't or wouldn't accept that the bank had turned off the free money tree, with various directors still wanting cash to spend on the team, while letting a tax bill grow by 500k because there wasn't the money to pay it.
We heard about members of staff being possibly illegally offered huge new contracts as the company was in trouble.
We constantly heard , " I don't recall" "I cant remember" even when shown documentation signed by them
The fraud was specifically that whyte broke his agreement and used money the Murray don't know was from tickitus.
Findlay showed that whyte spent millions following the agreement and that Murray should have know that was from tickitus as his staff defiantly did.
We where told that 2 other offers to buy dead co where turned down, that Whyte was the only game in town and Murray was desperate to sell 59 million in assets desperate.
We where told that the Big Tax Case was going to kill the club regardless and discussions at board level in 2010 show that administration was considered.
So it wasn't Whyte that killed Rangers, I suggest the culprit is Sir David Edward Murray, he and his hubris left rangers at one time 80m in debt, and when sold to Whyte 18m to the bank, 6 to tickitus and 10m to others including the wee tax case.
Over all this the BTC and its EBTs hung like a sword of Damocles, stopping any financially savy, able person saving the club.
Fergus told us in 1997 that rangers business plan was unsustainable, with tax evasion they manage to limp on for 14 years before it collapsed.
To any rangers fans have a long hard think about this and its causes, Whyte is innocent...so who is the guilty partys??
We have heard about the trouble Murray international holdings were in prior to the sale to Whyte, Probably trading insolvently.
We heard about Sir Daves desperation to get rid of a loss making Rangers.
We heard how Sir Dave was being incentivised to dump rangers to anyone, he was being allowed to buy back half of MIM for one pound which he had sold to the bank for 118m only 18 months prior.
We heard about the dysfunctional board who couldn't or wouldn't accept that the bank had turned off the free money tree, with various directors still wanting cash to spend on the team, while letting a tax bill grow by 500k because there wasn't the money to pay it.
We heard about members of staff being possibly illegally offered huge new contracts as the company was in trouble.
We constantly heard , " I don't recall" "I cant remember" even when shown documentation signed by them
The fraud was specifically that whyte broke his agreement and used money the Murray don't know was from tickitus.
Findlay showed that whyte spent millions following the agreement and that Murray should have know that was from tickitus as his staff defiantly did.
We where told that 2 other offers to buy dead co where turned down, that Whyte was the only game in town and Murray was desperate to sell 59 million in assets desperate.
We where told that the Big Tax Case was going to kill the club regardless and discussions at board level in 2010 show that administration was considered.
So it wasn't Whyte that killed Rangers, I suggest the culprit is Sir David Edward Murray, he and his hubris left rangers at one time 80m in debt, and when sold to Whyte 18m to the bank, 6 to tickitus and 10m to others including the wee tax case.
Over all this the BTC and its EBTs hung like a sword of Damocles, stopping any financially savy, able person saving the club.
Fergus told us in 1997 that rangers business plan was unsustainable, with tax evasion they manage to limp on for 14 years before it collapsed.
To any rangers fans have a long hard think about this and its causes, Whyte is innocent...so who is the guilty partys??