Coop only time will tell. We need the investigation to be quick. Install a new CEO at the helm to ensure stability ASAP and reassure fans and shareholders alike.

However, I still believe we are in a better place than 12 months ago. We're promoted to SFL2, we still have our club and we're moving forward. It was never gonna be an easy ride and there will be more bumps along the way. But we'll ride them out and keep moving forward and upward on and off the park

is it possible that Rangers have been falsly registered with the SFA/SFL,and their membership would be void!

thank for any help in this matter everton in peace

Esctosh.....we're in a better place if Whyte's claims are false. If he's right and he has a claim on the assets we're fooked. I don't understand why D&P haven't come out with a statement explaining why they sold to Sev Co Scotland having agreed to sell to and had a 10% deposit paid by Sev Co 5088. For me this will be the nub of everything.

Sniper....nice of you to ask . I don't think so, as Green was asked if Whyte had anything to do with the buying company ..Sev Co Scotland...and he doesn't !! The doubt is if he was involved in Sev Co 5088 .

meuandcoop (U5293) thank for the help.so your club can't be punished with league drop or points knock of next season.would hash on the fans other wise

If green bought the assets then the title deeds would have to be with the properties, D&P can't sell them without the deeds, what whyte owned was with the oldco, that company was liquidated and a newco was formed, any dealings green had with him was pre newco, therefore whyte owns no part of rangers, he is at it. Greens big problem was he didn't come clean about his initial dealings with whyte. I can understand why he did it but it was a major mistake

I am told the assets are registered to Sevco Scotland Ltd with the Registers of Scotland.

Sevco Scotland became The Rangers Football Club Ltd which later came under the holding company Rangers International Football Club plc. It's the last of these in which shares were sold.

Is that clear now?

As Blue Heaven above has said, and as anyone can actually find out is they as the Keeper at the Registers of Scotland, the major assets of the club (Ibrox, Auchehowie etc) are owned by the club.

So if people can stop believing all the nonsense rumours and calm down, might be better....

If you buy assets including property from liquidators then the deeds come with it, when the company went t11 ts up then the liquidators take control including the deeds

The liquidators didn't take control of the old company till about October.

Look, it is very simple, D&P issued 2 reports - an interim one in July, and a final one when they handed over to BDO.

In both reports, which are lodged at the Court of Session, and are a factual representation of the events in question, D&P clearly state that the assets were sold to & paid for by Sevco Scotland Ltd.

Simple - D&P need not make other comment, neither need anyone else.

The facts are clear, and are easy to find.

Which automatically excludes bloggers & members of the press from finding them of course.....

Davie..... D&P agreed to sell to Sev co 5088 and took a 10% deposit (£550,000 )as surety of exclusivity. Whyte arranged for £137k to be paid into Imrhan 's maw's bank (??) being 25% of the deposit. Green then created Sev Co Scotland. Walter Smith an others offered $6m but were told by D&P they were too late as Sev Co 5088 had the exclusivity. Green then arranged that D&P sell the assets to Sev Co Scotland with whom they now sit. The problem is that D&P sold to a different company than that which had the exclusivity.

We've been over this again & again.

The proposal for sale, pre cva, was, in law "an invitation to treat".

Such an invitation can be altered by the offering party at any time prior to acceptance by the receiving party. So D&P could alter the terms any time before acceptance by Green.

Whyte did not pay for anything. Green paid for the deposit,

Whyte was not & is not a director of ANY Sevco company.

Smith & others did NOT have the cash up front - they wanted staged payments.

D&P detailed exactly what happened in their reports, which BY LAW must be an accurate history of the events as they happened.

Anything else is speculation ,and in the case, I am afraid of YOUR particular list of events, complete nonsense, with no basis in fact whatsoever.

This is like Kramer vs Kramer... the sequel

Coop vs Coop

There's only one way to settle it
























.... Fight !!!

I,m not saying Whyte was a director, I'm saying that D&P excluded Smith due to the exclusivity and sold it to another Co.

There isnt enough info in the public domain to state one way or the other.

Its likely Whyte is onto plums.

Bomber was wrong though, ibrox belongs to us. That is clear.

Smith was excluded because he did not have the cash ready in the same way as Green.

Added to the exclusivity agreement.

Basically, only Green stepped up to the plate when required. ALL others had big mouths & empty wallets.

Wrong....he had the £6m and D&P couldn't accept it due to exclusivity agreement with Sev Co 5088....and then they sold it to Sev Co Scotland !!! This is the nub of the whole case.

You have to understand the facts as they happened, not as you THINK they happened.

An OFFER was made pre CVA for the sale of the company & its assets to Sev co 5088.

When CVA failed, this offer failed, despite the and / if clause.

New deal with Sev Co Scotland Ltd put through.

Neither Smith nor TBK had the cash up front - they BOTH had longer payment terms than acceptable to D&P.

You also fail to understand the term exclusivity in this matter.

If D&P had seen a better offer, in terms of total cash available immediately, they would have been duty bound to return Green's exclusivity fee and take the other offer.

They did not, because no other offer got as much cash in immediately.

So as I said, others had big mouths, but empty wallets.

I'm not going to spend any time on this but you're chronology is wrong as is you're understanding of "exclusivity". Plus, do you honestly believe Jim McColl didn't have £6m available ??!

Lots of 'if', 'buts' and 'maybes'. We dont have the facts to know for certain one way or the other.

The investigation will answer it.

I am actually extremely familiar with exactly what kind of "exclusivity" was in place - and it was not the one you think. It was merely an agreement to not actively negotiate or undertake due diligence with others.

That others appeared in the press claiming they had more cash good to go is nonsense. BY LAW, D&P had to obtain as much as they could for the creditors.

The only deal that gave them that without tie ins etc was Green's.

The timeline is absolutely correct, as established not by bloggers & rags, but by Court of Session documents.

As to the investigation instructed by the board - this will investigate links only between Whyte & Green and the subsidiary companies. It will NOT investigate anything to do with D&P, McColl, SMith, TBK or anyone else.

IF those are to be investigated, then it would be BDO who would do that. And they will only do so if it netts out more cash.

Wrong again, BDO WILL investigate D&P and be assured this will prove that they acted precipitously and possibly fraudulently in accepting Sev co Scotland over Smith. The same mantra being repeated doesn't make you right, you know !

Read it again - I said that the BOARD investigation will look at Whyte, and BDO at the rest.

Just because you hate Green and wanted "Rangers men" (is that our version of Celtic minded?) in charge, does not mean the facts change to suit.