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Rangers are Rocking; Scottys Financial insight inside.


Speirs  

64 members have voted

  1. 1. Was Speirs talking the truth or lying

    • Yes
      54
    • No
      10

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15 minutes ago, SMcoolJ said:

Anyone following the Craig Whyte trial?  Some rather interesting stuff coming out.  QC Findlay turning up evidence that would appear to throw oldco and newco under the bus. 

 

Rangers had a seven figure maintenance obligation relating to safety of the roof in 2011. Six years later, nothing done to roof but Rangers are self certifying in each intervening year.

Letter from HRMC in 2010 confirming specific tax debt, yet Rangers granted Euro License in 2011 as the tax debt had "not been confirmed" at that time according to SFA.

Lloyds were going to foreclose in 2011 if the Whyte deal didn't go through.  From this, it could be suggested that it was indeed David Murray who killed Rangers and then passed the corpse to Whyte.

 

It would appear that truths are coming out which might benefit Rangers fans in terms of knowing what really went on - but some that may not be that helpful to Rangers moving forward.

(David Murray now giving evidence - will be interesting to see how QC Findlay handles him)

PS. Don't shoot the messenger!!

 

It was Murray that f*cked Rangers from 1990 onwards they started to accumulate debts that they couldn't trade their way out of which was only going to have one outcome.

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1 minute ago, Larky Masher said:

It was Murray that f*cked Rangers from 1990 onwards they started to accumulate debts that they couldn't trade their way out of which was only going to have one outcome.

That certainly seemed the case - I think this will make it definitive.

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5 minutes ago, Larky Masher said:

It was Murray that f*cked Rangers from 1990 onwards they started to accumulate debts that they couldn't trade their way out of which was only going to have one outcome.

agreed. whyte saw the chance to make some cash but it was murray who f*cked it.

 

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28 minutes ago, Larky Masher said:

It was Murray that f*cked Rangers from 1990 onwards they started to accumulate debts that they couldn't trade their way out of which was only going to have one outcome.

IIRC, Larky, you were the one Rangers fan i can recall being critical of Murray the board and concerned about what they were doing. 

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I haven't read through all the detail of the Whyte trial but I have caught some of it.

It seems Donald Findlay is painting the picture that financially Rangers were effed long before Whyte arrived on the scene?

The board had considered administration as a way out as early as 2009? Yet, still awarding themselves bonuses. And McCoist had a contract that meant he was due a significant payout if he didn't get managers job.

 

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1 hour ago, Larky Masher said:

It was Murray that f*cked Rangers from 1990 onwards they started to accumulate debts that they couldn't trade their way out of which was only going to have one outcome.

The earliest post on here i can mind from you, is you going on about Murray being an accident waiting to happen.

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42 minutes ago, Big Col said:

I haven't read through all the detail of the Whyte trial but I have caught some of it.

It seems Donald Findlay is painting the picture that financially Rangers were effed long before Whyte arrived on the scene?

The board had considered administration as a way out as early as 2009? Yet, still awarding themselves bonuses. And McCoist had a contract that meant he was due a significant payout if he didn't get managers job.

 

Well Donald should know all about that.

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7 hours ago, Larky Masher said:

It was Murray that f*cked Rangers from 1990 onwards they started to accumulate debts that they couldn't trade their way out of which was only going to have one outcome.

he also f**cked the whole of Scottish football

 

other clubs trying to keep up and encouraged a living beyond your means and foreign imports over youth development mentality

 

we've never / never will recover from it

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6 minutes ago, Bino's said:

he also f**cked the whole of Scottish football

other clubs trying to keep up and encouraged a living beyond your means and foreign imports over youth development mentality

we've never / never will recover from it

Correct. Scottish football was showing real signs of breaking out of the OF dominance at that point. So along came Souness and with Murray's dodgy chequebook he just bludgeoned the sprouts back into the mud.  You can chart the decline of our game since then. They killed themselves but they also killed the game in Scotland (commercially), all willfully aided and abetted by the SFA. Very sad. They should be both held accountable for it.

Edited by thplinth
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The fatal move for FRC 1899 was to bet the house with HMRC on the advice of a porn star.

That is what killed your club.

RFC had 100+ year history of burning every penny of investor money in order to win titles. That is the whole ethos of the rangers way, the 'business'. You see it even now post liquidation catastrophe. 'We need someone to put in 50m'... but never any thought of them taking it out ever. That is the deal. You pay for the success. But they got away with it as someone was always willing to take over the mantle and bail them out and fund them back up until they too are too drained and then the next rangers man comes along...

Where that changed was when they got themselves into such a big bill with HMRC that it became better to let them sink. Even for very rich very bluenosed people. That was a bill no one was prepared to swallow. That was what killed them. 

 

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35 minutes ago, thplinth said:

The fatal move for FRC 1899 was to bet the house with HMRC on the advice of a porn star.

As an aside to this, i was reading the other day he actually sold his porn company for $25 million.

Suppose we will find out good a tax lawyer he was on the back of the Supreme Court ruling.

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12 minutes ago, Stu101 said:

As an aside to this, i was reading the other day he actually sold his porn company for $25 million.

I seem to recall an interview with him where he was wearing a silk dressing gown, possibly a cravat and smoking a pipe... claims RFC just did not follow his advice 'properly'. As ridiculous as this all is he may be right. :lol: 

I still cant accept this will be anything other than a result for HMRC. If it is not we might as well give up. RFC will have destroyed the entire country not just Scottish Football and themselves...it will be like contagion gone mad. 

When do the supreme court (of dodgy handshakers) pronounce on this? If that goes against RFC I suspect it will eventually lead to title stripping. So maybe it wont.

Edited by thplinth
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1 hour ago, macy37 said:

Struggling to find anything in MSM about this trial.

Funny that eh?

 

33 minutes ago, macy37 said:

Tonight? Didn't see that. I'm maybe looking in the wrong places and also don't purchase papers and concentrate online for news. 

Some interesting things. 

:blink:

 

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25 minutes ago, thplinth said:

I seem to recall an interview with him where he was wearing a silk dressing gown, possibly a cravat and smoking a pipe... claims RFC just did not follow his advice 'properly'. As ridiculous as this all is he may be right. :lol: 

I still cant accept this will be anything other than a result for HMRC. If it is not we might as well give up. RFC will have destroyed the entire country not just Scottish Football and themselves...it will be like contagion gone mad. 

When do the supreme court (of dodgy handshakers) pronounce on this? If that goes against RFC I suspect it will eventually lead to title stripping. So maybe it wont.

You don't half post some hyperbolic pish. RFC will have destroyed the country? 

Lay off the glue. 

I'll wait till the end of the trial before I make up my mind on any of this. 

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Guest BlueGaz
26 minutes ago, thplinth said:

I still cant accept this will be anything other than a result for HMRC. If it is not we might as well give up. RFC will have destroyed the entire country not just Scottish Football and themselves...it will be like contagion gone mad. 

:lol::lol: Speaking of 'gone mad' .....

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Guest BlueGaz
1 hour ago, thplinth said:

Correct. Scottish football was showing real signs of breaking out of the OF dominance at that point. So along came Souness and with Murray's dodgy chequebook he just bludgeoned the sprouts back into the mud.  You can chart the decline of our game since then. They killed themselves but they also killed the game in Scotland (commercially), all willfully aided and abetted by the SFA. Very sad. They should be both held accountable for it.

Even for someone who regularly produces mad comments on all subjects except football, on a football forum, this is fvcking mental.  

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