Joey Jo Jo Junior Shabadoo

All I am saying is that Ranger's total debt did not go up from £18million, far from it. It was already way, way, more than that. Per the accounts. If the total liabilities were £56m at the end, then it is not a million miles from where it was when he took over. And I managed to find this: http://www.dailymail.co.uk/sport/football/article-2126212/Rangers-crisis-Craig-Whyte-claims-Rangers-better-shape.html <<<<<<<<<<<<<<Craig Whyte Do I win £5?

All I have written is correct. Lifted straight from the accounts. With references so you don't even need to go through the whole thing. No ifs or buts. Just because you don't understand doesn't mean it isn't true.

That's what I wrote. I just mentioned that using Bank Debt as a comparative to Total debt is erroneous.

I don't know the breakdown of the £56million. I think I got that figure off of you. All I am saying is that the level of debt that Craig Whyte bought into was over £60 million per the accounts, so how could he possibly have increased it by £38million as claimed by you earlier? I sense once I get a link to explain the breakdown of the £56 million I am going to look like a right twat though... Any takers?

OK, here we go: The £27.1m (note 25) includes bank debt, finance loans etc. It does not include other liabilities like trade creditors, taxes and accruals which count towards the total amount the company owe. If the company weren't due to pay it, it wouldn't be sitting on the balance sheet. So the £65 million holds when in comparison with the £56million. That was the total amount Rangers owed at the end, not only the financial debts. In those statements there is no account made of the potential tax bill, so I am afraid your last sentence is incorrect. P.35 Note 27 'Contingent Assets/Liabilities' only mentions a possible £100,000 inflow with no mention whatsoever of a potential tax bill.

This was debunked ages ago. See my previous edit. When Whyte took over BANK debt was £18million. This figure reduced to £0 while Craig Whyte was there, as he securitised Season Tickets instead. The £56 million figure you refer to is directly comparable with the £65million from the accounts I have linked. So therefore it looks as though he reduced debt in the period after he took over. One thing he definitely did not do was increase debt from £18 million to £56 million. And since I have explained this before in reply to you (I have very few rep points so the post in question was very easy to track down (#111314)) I have to assume it is deliberate misrepresentation of the facts on your part.

On the contrary, the £18million 'bank' debt was only a fraction of Ranger's total debts but was the figure banded about the press in order to sugar coat a perilous financial situation. Check the last accounts before Whyte took over, it is all in there. ETA: http://www.isdx.com/infostore/Company-Accounts/RangersFootball/rangers2010.pdf p.28 Total Liabilities £65million

To be honest it was a rhetorical question, but yes. Yes I do.

I think it would be nice for someone to explain exactly why Craig Whyte didn't just buy the 'club' off the cuntpany in the first place? SInce the 'club' is a separable entity, yes?

I think we can guarantee your reaction had he been announced as an executive Chairman: links to Sarbanes Oxley and the Combined Code aplenty, highlighting the fact that having an executive at Chairman isn't best practice.

You do realise that best practice dictates that the Chairman has to be a Non-Executive? Silly question...

'She called me a PC thug.' 'I've been called a greasy thug too, Lisa, and it never stops hurting. Here's what we're gonna do: Grease ourselves up real good and trash that place with a baseball bat.'

People's Chariot? One refers to it as a Scum Shovel.

I was in that one.

I don't believe it.

Great episode. When Homer picks up the book titled 'How To Tunnel Out Of Prison'. 'Mmmmm, this could come in handy' and then batters Moleman over the head with it and runs away. And: 'That's what you get for not hailing to the chimp'.

Turns out they aren't the Messiah. They've been very naughty boys.

'Now for some unpleasant news, I have learned that someone in the room is a squealer. We've narrowed it down to either Johnny Tightlips or Frankie the Squealer.'

'OK, don't panic. She can't have gone far, she has no arms.'

I absolutely love that bit. Up there with the best.

People that queue at a petrol station in order to have the pump on the same side as their petrol tank filler. Do they not realise that the pump will reach round to the other side of their car? It shouldn't bother me because it generally means I can get in and out quicker but the stupidity of some people seriously annoys me.

I did a beef stifado last week. Really tasty: 1 Packet Cubed Beef Onion 4 or 5 Shallots 2/3 Cloves Garlic Half to 3 Quarters of a carton Passata Glug of Red Wine Glug or two of Red Wine Vinegar 3 or 4 Allspice seeds Cinnamon Stick 2 Bay Leaves Fried off the onions/shallots/garlic and browned the beef in olive oil first, added salt and pepper then bunged everything in the pot. Cooked for about 10 or 11 hours at low.

It still wasn't a turkey of an effort though. They were most definitely game.

Altern8 filming a new video? 'Orient8'?