Wednesday 17 October 2012

THE SCOTSMAN KNOWS! Last paragraph


Former Rangers owner Craig Whyte breaks silence to say he introduced Charles Green to club administrators

Former Rangers owner Craig Whyte says he introduced Charles Green to Duff and Phelps
Former Rangers owner Craig Whyte says he introduced Charles Green to Duff and Phelps
THE controversial former owner of Glasgow Rangers Craig Whyte says he helped usher in current chief executive Charles Green to the club.
Monaco-based businessman Whyte says that he introduced Charles Green, who leads a consortium which now owns the Ibrox side, to club administrators Duff and Phelps when they were looking for a buyer earlier this year.
In an interview with the BBC, Whyte also says that Duff and Phelps were aware of his deal with Ticketus before his purchase of the club was complete.
The former Rangers owner financed his purchase of Rangers with £24m in Ticketus money - mortaged against future season ticket sales.
Ticketus are now taking legal action against Whyte
Green’s consortium bought the assets of Rangers FC, including Ibrox stadium and Murray Park, when their Company Voluntary Arrangement was rejected by major creditor HMRC.
The ‘oldco’ club is currently going through liquidation process with a newly-formed Rangers currently plying their trade in the Third tier of the Scottish Football League

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