Celtic Banter Archive September 27 2011

27 Sep 2011 22:46:00
" {Ed007's Note - There has been no statement because no one knows yet. That is still ongoing, in the official document Rangers shareholders got there is no mention of it. There is no record of it at companies house.}"

That is because shareholders and companies house are not entitled to receive it. If they were, then it would have been provided.

But if you again go back to Bain's statement to the court which Whyte did not challenge. If Bain's claim was untrue why did Whyte not challenge it, as he could use it to discredit Whyte. The only reason is because it is true. {Ed007's Note - Why would Whyte use something to discredit himself?}

27 Sep 2011 21:50:39
Just had a look at the stats for the rangers game tonight. 23 shots on goal is one of the highest ive seen in a game in the spl, although they only won 2-0. It seems like they are starting to improve like the end of last season while we don't seem to be any better then 2 year ago. Do you think we have a good enough team to take the league back Ed ? I haven't seen much lately to fill me with confidence. {Ed007's Note - Yes.}

They were playing Kilmarnock.... the mob that let in 3 in the first 7 minutes on the final day of last season, but the fixture list that gives them the opportunity to go 10 clear in Sept. proves that this europa league will be more bother than it's worth. {Ed007's Note - Didn't you just post as a Rangers fan?}

Just to split hairs, Rangers only had 9 on target with 14 off target. Not 24 "on goal".

Rangers are average, Celtic are average but Rangers still manage to grind wins when they play bad.

27 Sep 2011 19:34:13
Ed007, going in a moment to watch Bayern-City game, but what are your opinions on this?
I have been reading some articles on Rangers Tax case, the general theory seems to be that Whyte is protected no matter what happens, but some people are of the opinion that Bank Of Scotland are still the protected ones as Whyte has not taken on the debt, papers were supposed to be lodged at companies house and have not been. This is not mandatory but good practice.
Also the opinion is that Murray knew exactly what was going on and wanted only Whyte's bid to succeed, apparently there were at least 1 other bid apart from other board one we heard about, but for some reason Murray did not entertain them.
Now we hear Bain could call Murray and ex board members to give evidence against Rangers, this could get quite murky, seems bears fans might have a lot more worrying to do than they seem to think.
Timalloy {Ed007's Note - David Murray has also supposedly applied for residency in Monaco as well. Whyte has the deal set up so that he personally will not lose money, but the debt still exists and until there is a clear statement about who owns the floating charge on Rangers' assets (Whyte or Lloyds) there is no indication of who will control Rangers future if they do go into administration.}

I'll be more interested to see if City can come back from 2-0 down...

From the information supplied to the court by Martin Bain in his recent case against Rangers it is clear that Whyte has a security of £18m over Rangers assets. This was assigned to Whyte by LBG when Whyte took on the £18m debt. As it was a security that was held by a bank then it would be a first ranking security. As such if Rangers do go into administration Whyte will have first call of £18m on Rangers assets.

For Bain to claim this in evidence to a court makes it reasonable to believe it is correct. Had it not been correct, then Whyte would have challenged it, which he did not. {Ed007's Note - Do you have evidence of the written statement that shareholders would get regarding this?}

Timalloy still obsessed with the Gers I see

Wait and see what happens ffs. So many financial experts around in green tinted specs. If Rangers don t lose any tax case, more worrying for cellic faithful, they will have to come up with something else. {Ed007's Note - And Rangers/Whyte need to come up with £18 million to pay the debt, plus the £10 million 'black hole' that Whyte has admitted to. If they win the case the bank wants it money.}

Shareholders would not be entitled to receive a written statement for this.

In any event, why would Bain claim this if it were untrue, knowing that Whyte would challenge it, which he didn't. {Ed007's Note - Shareholders would need to know the financial details regarding the debt.}

No they wouldn't.

In fact Ed you make this point yourself "but the debt still exists and until there is a clear statement about who owns the floating charge on Rangers' assets (Whyte or Lloyds) there is no indication of who will control Rangers future if they do go into administration.}."

If a clear written statement had to be given to shareholders then the situation you have described would not exist. {Ed007's Note - There has been no statement because no one knows yet. That is still ongoing, in the official document Rangers shareholders got there is no mention of it. There is no record of it at companies house.}

Dont be too scared mate yeez might even take the title race to the last day if we get some points deducted along with the sion fiasco another proud year looms for the great celtic a just cant laugh enough jmgers {Ed007's Note - Yeez oh!! It is basic English, the plural of you is just actually 'you'}

Sorry ed didnae meen tae hit a wee nerve wae ma post i thought you might have hit back wae some witty banter but yer clearly too angry for that deepest apologies jmgers {Ed007's Note - Angry over what? I'm absolutely delighted with the arrest count and Broadfoot starting fighting in the tunnel. Good to see the players upholding the reputation of the 'Dunfermline' supporters.}

Ed, don't know why you're not getting this. If LBG transfer a security for £18m over Rangers to Whyte, no party are required to notify shareholders of this and companies house do not have to be notified. This is standard practice for a security.

You call it a floating charge, it is not a floating charge, it is a security.

The transfer of the security is also clearly laid out in Bain's court papers. Bain states "Mr Whyte did not eliminate the debt. Rather he took over the debt so that he could enjoy the security which the bank held for it's debt".

As such, Whyte hold a security of £18m over Rangers and as it came from a bank there is no doubt that it will be a first ranking security. As such, in the case of administration, Whyte is entitled to the first £18m of Ranger's assets. {Ed007's Note - I don't know why you are not getting this, Whyte owes the bank £18 million, what is that secured against? Nobody knows. The bank will still want their money one way or another.}

You are correct Ed, Whyte does still owe the bank £18m and you are also correct that we do not know what that is secured against.

However the point here is that it is a separate company that Whyte owns that owes the bank £18m and not Rangers.

If Rangers go into administration, it is not Rangers that owe the £18m to the bank, it is Whyte's separate company that owe the £18m. {Ed007's Note - I have never said it was Rangers that would owe it, I have said that Whyte doesn't have the money himself to pay it and no one knows what he has secured it with. Whyte botched the paperwork to mortgage four years season ticket money (MG05s) and it was never amended and re-applied for.}

I'm absolutely delighted with the arrest count and Broadfoot starting fighting in the tunnel...

Jeez! You need a holiday ED, think this 3 (4) years of failure is getting to u, eh? {Ed007's Note - My life is just one long Mardi Gras. Paste the full reply:

I'm absolutely delighted with the arrest count and Broadfoot starting fighting in the tunnel. Good to see the players upholding the reputation of the 'Dunfermline' supporters.

Was it Kilmarnock fans in the Rangers end last night?}

27 Sep 2011 16:48:52
Good afternoon Ed007 and Tony, back from my sojourn to the bright lights of Blackpool. Tony how are the anger management classes going? Found a couple of pubs in Blackpool you would be at home in the Air Balloon and the Pump and Truncheon or for a man of your age a 70.s bar called Flares, went to another pub The Grand and mysteriously when I left someond had added "Old Team" on the sign.
See all the bears are saying they will be 10 points clear by Saturday, bring it on Celtic welcome the challenge. Timalloy (HMRC Emerald CSC1) {Ed007's Note - Welcome back Tim.}

Celtic will be chasing a lost cause if they fall ten points behind..better points on the board than games in hand..ect

No one has posted Rangers will be 10 points clear. We don't count chicks before the hatch. We will take. One game at a time. It was Everton fans that put Old Team to the end of that pubs sign. You must know by now that Celtic fans stole that song from them lmao.
Ps timalloy did you get one of those candy dicks to suck on? You will get alot of enjoyment from that lmao.
Bigbear

Hi Bigbear good to see you follow my posts on both sites, keep tuned for more revelations. Sorry pal not biting on your everton jibe, all the football teams, including your own copy versions of our songs. LOL Timalloy

Welcome back Tim, hope you enjoyed the holiday.......your pals from the darkside have not stopped talking about you....did you bring them a rock dummy! Half of them have spat it in your last posts!

DazzaBhoy {Ed007's Note - Hi Dazza mate. Strange that half the time the tell Tim to get to f*** yet when he isn't on for a few days they start missing him educating them ;-)

Hi DazzaBhoy thanks for the compliments, strange thing more bears seem to miss me than bhoys ha ha Timalloy ( see gers won, oh well just need to wind them up with tax case!)

27 Sep 2011 14:27:03
rangers fan in piece what do yous think of the youngster ferus leaving when he was well looked after by yous he did basically use Celtic but what do yous think of it

27 Sep 2011 13:55:47
hi Ed

ive been reading some of the posts in the rumour page and the banter page and it seems that a lot of Celtic fans are depending on outside influences helping celtic to winning the League ie HMRC, Administration, fire sale in january resulting in our best players being sold and now some celtic fans complaining that naismith ban covers two easy home games (in their words) do i sense a lack of confidence in your own teams playing ability to go out and win the League all on your own merit.

ref your comment on Hoopers elbow and the fact that the commentary failed to mention it you do realise Andy Walker was commentating on the game and he is impartial as chic young when the OF play lol

Tony {Ed007's Note - I can't sense any lack of confidence Tony, the CFC fans are quite rightly gloating at Rangers financial predicament. As for the Hooper elbow, no one mentioned it at the time, not even Rangers fans, it is just their small mindedness that has come to the fore once again because one of their own players was caught. They have spat the dummy out and started whining about Hooper. I would have expected better than that from you Tony. Is the Andy Walker thing just another straw to clutch at?}

Come on Ed are you trying to tell me Andy walker is is an impartial commentator when it comes to Celtic that's like me trying to tell you that Jim White and Chick Young dont tend to lean towards Rangers. personally i think Rangers have a stronger starting 11 than Celtic and if we can keep our players beyond January stay clear of injurys we will win the league Celtic on the other hand have a better quality of fringe players to turn to in case of injury or suspension.

Tony {Ed007's Note - I still fail to see what the commentator on the game has to do with anything, like DJ on the radio, you know what you are getting. An ex-player and supporter of the club.}

It was mentioned in various papers by sports journalists and old pros but the sfa missed it it's A CONSPIRACY

But ed yous can gloat all yous want about rangers financial position but yous are still second so we can gloat were top of the league {Ed007's Note - What a totally original and well thought out comeback. Did you think of that all by yourself or did your teacher help?}

27 Sep 2011 12:43:28
Poll:

Will the old firm go down to England ?

Argee - yes
Disagree - No

If yes, many years do you think ? & also what do you think would happen to the spl?

Come on you bhoys in green
Lenny

Would love it to happen but cant see it unless they start in the conference - which i would accept actually

27 Sep 2011 11:56:55
just an opinion with the old firm both knocked out of europe albeit celtic getting back in i honestly think when they get ellimenated again to once again along with rangers give scottish football a right showing up be refused entry to any future champions league competition as they are both way out their depth and should not be allowed to go in against the real big clubs i know it must be hard for their fans to bear they are top dogs in scotland but small diddy clubs in the real football world barca,r.madrid, ac,milan,inter,man.u,man,city,chelsea, etc,etc and so many more celtic/rangers big clubs not in this century, diddyclubs {Ed007's Note - If you are going to post here, even complete dross like this, will you please stop referring to Man Utd as Man U? It is offensive. You actually forgot to say what team you support and I guess the word diddy is quite familiar to you, I would imagine it is used as an adjective towards yourself quite often.}

'diddy' clubs ? A think you will find celtic have a world wide fan base that's as big if not big that your manchester utd chelsea, etc any where in the world & ask them to name a Scottish team & am sure the words Celtic or rangers would come to mind. As too the Europe statement aye we were both mince but it's like big fishes in a small pond, why do you think the EPL dont want Celtic & rangers in there league ? Cause they know they would get a struggle ( not straight away maybe after a few years 5/6 years) which then brings me back to the support all over the world if word cracked that we were to enter the EPL I personally think they would be a handfull of buyers ready to take on both clubs & fund them funny money like your Manchester utd/city etc 

Come on you bhoys in green
Lenny {Ed007's Note - If and it's a big IF, CFC and Rangers ever got into the English set up you would see the CFC board flex their personal financial muscle and Rangers would become a very attractive prospect to any potential buyers.}

You are right ed i never told you who i support i am a chelsea fan and you or rangers are not big clubs in world football, in scotland you are but thats nothing to shout about ,my club is a massive club in the modern day football terms, oh by the way the old firm will never play in the premiership no matter how much both grovel none of you are good or big enough and we could all do without the secterian garbage. oldfirmlol {Ed007's Note - How are they FFP regs working out for you club? Chelsea lmao!!}

27 Sep 2011 00:24:25
Good to see that they 3 Dunfermline fans got banned from football till their court case.I wonder if Rangers will ban them for life and take away their season tickets,they must have them surely they dont need a public sale to sell away games briefs. HAIL HAIL {Ed007's Note - I know mate. They 'Dunfermline' fans have a terrible history of sectarianism at games. I wonder if FARE have ever been notified about them..........}

Oh, I would think they would have had about a million calls fae the East end clypes... U remind me of the curtain twitchers. Just cannie WAIT to greet to sumone about sumthing!!