Has whyte bought rangers

In particular, they are yet to be convinced about Whyte's ability to meet any financial sanctions imposed by HM Revenue and Customs over an outstanding tax investigation. Johnston had confirmed earlier this week that he will stand down as chairman on 16 May, while Michael McGill and Donald Muir have resigned immediately from the board.

Whyte has announced his first appointment to the board as Phil Betts, a year-old businessman with expertise in refinancing and restructuring companies. Top Stories. Live Live From the section Football. However, under Whyte's stewardship, the Rangers business went into administration and then liquidation in Whyte, who is now 50, was charged and later cleared of fraud in relation to the takeover.

Loathed by Rangers fans and lauded by some supporters of other clubs, Whyte still maintains he should never have been painted as the villain. Whyte, who now does most of his business in South America, admits he could have been more open about his funding of the takeover. He used the company Ticketus to secure a loan based on future season ticket sales - effectively buying the club with fan money. It is an argument that is unlikely to make its way into the history books. Whyte knows he will forever be the main villain one of the darkest chapters in the history of Rangers - something that is justified, according to journalist Stephen McGowan, from the Scottish Daily Mail.

I don't think history will remember him in any way in any fond or benevolent manner. Whyte admits his brief association with football is not one he is keen to repeat.

Asked how he would look back on his time at Rangers, he used the word "nightmare".