03-05-2017, 14:54
Findlay getting to the meat on the bones of why murray punted dead gers to Whyte
1) Whyte was the only one with a bid
2) bank made it clear that unless the deal was done by April 2011 then Murray would lose Murray metals. Option to buy it from MIH for £1 only available if deal goes through.
Lloyd's reply to Murray letter now being shown Is dated 21 Jan 2011.
Denies request to sell metals business to Murray unless.
Unless "RFC is sold prior to the end of April..as previously agreed"
Findlay "If the Rangers deal is done the metals business is released for £1?"
Shanks "That's one way yes"
Findlay "only way to be sure is do deal for Rangers before the end of April?"
Shanks "Correct
So whyte the only game in town, that Johnstone the rangers chairman at the time, didn't want to sell to, is Murrays only way of getting out from under the best part of 1 billion pounds worth of debt.
Who was conning who??
1) Whyte was the only one with a bid
2) bank made it clear that unless the deal was done by April 2011 then Murray would lose Murray metals. Option to buy it from MIH for £1 only available if deal goes through.
Lloyd's reply to Murray letter now being shown Is dated 21 Jan 2011.
Denies request to sell metals business to Murray unless.
Unless "RFC is sold prior to the end of April..as previously agreed"
Findlay "If the Rangers deal is done the metals business is released for £1?"
Shanks "That's one way yes"
Findlay "only way to be sure is do deal for Rangers before the end of April?"
Shanks "Correct
So whyte the only game in town, that Johnstone the rangers chairman at the time, didn't want to sell to, is Murrays only way of getting out from under the best part of 1 billion pounds worth of debt.
Who was conning who??