Jump to content

Gary Whitey Arrested In Police Raid


Recommended Posts

Gary Withey is his name - he just gives me the boak!!

Is this not the cretin that was interested in buying our club and met with Gilmour? hmmmm.......

http://www.bbc.co.uk/sport/0/football/17528646

***************************************************************************************************************************

Four men have been detained by police following an investigation into the sale of Rangers Football Club in 2011.

Gary Withey, David Grier, Paul Clark and David Whitehouse were held during early morning raids in England.

Mr Clark, Mr Whitehouse and Mr Grier worked for Duff and Phelps, the firm appointed as Rangers' administrators.

Mr Withey worked for law firm Collier Bristow, which represented Craig Whyte before he bought Rangers from Sir David Murray for £1 in 2011.

All four men were held during early morning raids at addresses across the UK in an operation which involved officers from Police Scotland, Surrey Police, Cheshire Police and Thames Valley Police.

Police Scotland have been investigating the sale of Rangers from Sir David Murray to Craig Whyte for over a year.

'Ongoing investigation'

A spokesman for Police Scotland said: "Four men have been detained as a result of the ongoing investigation into the alleged fraudulent acquisition of Rangers Football Club.

"Around 6am on Friday, Police Scotland officers, assisted by officers from Thames Valley Police, Cheshire Police and Surrey Police, attended a number of addresses in England and detained four men."

The development is the latest twist in a three-year saga involving Rangers.

Mr Whyte bought Rangers from Sir David Murray for £1 in May 2011 and gave an undertaking to settle its £18m Lloyds Bank debt.

_78985736_78985734.jpgCraig Whyte (right) bought Rangers from Sir David Murray in 2011

It later emerged he paid the debt by selling three years of season tickets to finance firm Ticketus for £25m.

Rangers entered administration on 14 February 2012, while under Mr Whyte's control, over non-payment of tax totalling about £14m.

Mr Clark and Mr Whitehouse from Duff and Phelps were appointed as joint administrators.

HMRC subsequently rejected a creditors agreement to allow Rangers to exit administration.

The resulted in Charles Green's consortium taking control and Rangers being accepted to play in the Scottish Third Division.

The administration of Rangers resulted in Mr Whyte's deal with Ticketus being declared void. The finance firm successfully sued him for £18m over the failed deal.

Mr Whyte was later banned from being a company director for the maximum period of 15 years after a judge heard his conduct in dealing with Rangers was "shocking and reprehensible".

Edited by Mearns Saint
Link to comment
Share on other sites


Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...