McCoist 'shocked' to hear debt revelations
Saturday 25 February 2012
Rangers manager Ally McCoist admits he was "shocked but not surprised" by revelations that owner Craig Whyte used money for future season-ticket sales to complete his takeover of the club.
Whyte himself, and Rangers administrators, this week confirmed that the £18 million debt owed to Lloyds Banking Group was paid using some of the £24m from investment firm Ticketus, who bought rights to the club's future season-ticket sales over several years.
Whyte, who purchased Sir David Murray's majority shareholding last May for £1, had previously indicated otherwise. Asked for his reaction to the latest developments, McCoist said yesterday: "My reaction was shock but not surprise. Shock because it's obviously not a good situation but I would have to say not a surprise because all the journalists and newspapers were heading in that direction."
McCoist has not spoken to Whyte since before Rangers went into administration on 14 February over an unpaid tax bill of £9m accrued since the takeover. The manager was asked for his opinion of Whyte now and added: "Until I speak to Craig – if and when – I'll keep my own counsel. The most important thing is that I've got a job to do here and I'll continue to do that to the best of my ability."
The administrators have reassured fans Rangers will fulfil their home fixtures after some doubts were raised over the payment of policing bills.
Strathclyde chief constable Stephen House was yesterday quoted as saying the force would not police more matches at Ibrox unless the bill for the previous game was paid. However, joint administrator David Whitehouse said: "We have had a number of constructive and positive meetings with Strathclyde Police and we can assure fans that matches will continue to be played at Ibrox."
Latest in Sport
Newcastle 0 Manchester United 1: Louis van Gaal describes performance as 'maybe our best match of the season'
Cristiano Ronaldo: Real Madrid superstar 'sends his hair stylist to look after his waxwork once a month'
Six things we learnt: Louis van Gaal is watching a different Manchester United; Henderson becoming the genuine heir to Gerrard
Terminally-ill Club Brugge fan Lorenzo Schoonbaert delays euthanasia appointment to see his beloved football club 'win one last time'
Arsenal's Gabriel suffers 36th-minute hamstring injury and is subbed off...Twitter reacts
- 1 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 2 Have sex with your iPad thanks to the new sex toy no-one asked for
- 3 The 'sex selfie stick' lets you FaceTime the inside of a vagina
- 5 Why you're almost certainly more like your father than your mother
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin