Jinky67, on 04 March 2012 - 14:22, said:
Pish and you know it.
The only reason Whyte is in charge is because Murray was forced to sell because of years of overspending.
If the club wasn't overspending and out more money towards clearing the debt the pressure wouldn't have been on Murray to sell to the first available chancer that came along.
For every fiver Celtic spend we will spend ten. Epic quote and a mantra that has caused a chain of effect which brought Whyte to Rangers
Before Whyte came in what was the debt of the club? Not the operating costs yearly,the debt. It was £18 million. Murray was looking to offload,very true but the fact is the debt had been reduced to the figure quoted. If the club had been ran with fiscal prudence by Whyte instead of playing his money games than the club would not have had to go into administration as of now. If the tax case goes against the club then in all probability it would.
You keep going on about this £5,£10 quote,a nonsense quote from Murray without a doubt at a time when the club had to start reducing cost,no argument there but the fact is that the club shouldn't be in administration at this moment with what was an £18 million starting point. That debt was sustainable,Whyte made it unsustainable and Murrays negligence in not carrying out a proper due diligence on Whyte is a major fault in the club being where it is at the moment. Whytes a crook,no doubt in my mind but Murray should have ensured 100% that he had his own independent funds to takeover the club,Murray failed to do this and his negligence in doing so is costing the club dear.
This post has been edited by youngsy: 04 March 2012 - 15:03