HibeeJibee, on 05 February 2012 - 22:41, said:
If you take his responses at face value, then you get a bit of an insight into what's going on. Rangers have big debts, run at a defecit, and spending their way out of trouble isn't an option. Whyte has put up some of his own money, e.g. in clearing some debt upon purchasing the club, but he wants it to start washing its own face. (His plan is presumably Fergus McCann style... sort things out, then sell it for profit in X years... or he just enjoys the challenge).
It might be lies-n-smokescreens, of course, but it's interesting to read his perspective.
I'd say the football business plans of Bill Hiddleston, Brooks Mileson, Robert "Thames Valley Royals" Maxwell, Harry Redknapp and even TartanArmani playing Football Manager 2012 had more honesty, integrity and sustainability to them than that jumped up spiv Whyte's does or ever will. The man will die the way he lived - falling off the back of a lorry.