I have asked this before to no avail but how can Green buy assets reputedly worth up to £115 million for only £5.5? Surely this is why HMRC want to appoint their own liquidator? To get the best price possible and to have a clearly independant investigation into the whole sorry mess.
Well, that and the fact they clearly don't trust DnP as far as they can throw them.
Also, wasn't Whyte charging vat and paye while he was in charge and not passing it on to HMRC? Sounds like clear cut fraud to me. Where did those millions go? A secret account in Monaco???
Where is the £115m worth of assets? We have covered this before. Players contracts are Null and void. On Thursday Rangers will have no players.
The Stadium and Training ground are worthless, well....ok not worthless but worth no more than any other derelict ground in or around Glasgow of which there are literally hectares waiting for someone to buy them.
HMRC will now have the power to appoint their liquidator who can now legally mount a challenge to any individual(s) who illegally avoided paying the taxes.
I have a feeling however than Murray & Whyte will be untouchable. I`d be surpised if they HMRC found anything on them that could stick.
It seems HMRC despise Whyte and i reckon if Whyte still wasn`t involved in some capactiy they may have given the CVA some more consideration.
I still have an immense feeling of relief. Before things could get better, they had to get dramatically worse....and this is as bad as it gets.
What doesn`t kill you makes you stronger and soon we will see the green shoots of recovery and light at the end of the tunnel for the long suffering, paid up good fans who follow Rangers.
) However I doubt TBK are the answer they didnt have the money and their entire CVA had ludicrous clauses in it. However as a newco theres nothing to stop them from putting their money(????) where there mnouth is and buy shares in the newco.
