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Why did Green have to deal with Whyte

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Why did Green have to deal with Whyte Empty Why did Green have to deal with Whyte

Post  Tokin Jester Sun Apr 07, 2013 10:07 am

at all?

Thought i'd make my first post a good one.
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Post  TheDesertFoxhat Sun Apr 07, 2013 12:09 pm

Because, initially, whyte still owned the majority of shares...

Much the same as at Dunfermline anyone wanting to buy them would have had to deal with Masterton...

Not the case now tho as he's handed his shares over...

Still owns the ground...

Pretty sure this is leading to something else tho......
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Post  TinyHandsOfConcrete Sun Apr 07, 2013 7:26 pm

Teejay does like to drip-feed us
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Post  Tokin Jester Sun Apr 07, 2013 10:49 pm

It was the administrators that were looking for a buyer, not Whyte. Whyte had no way to veto or stop the administrators selling to whoever they chose. The club going into administration took it out of Whyte's hands. That's what administration is.
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Post  therrawbuzzin Sun Apr 07, 2013 10:58 pm

Whyte had to agree to hand over his shares.
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Post  Tokin Jester Sun Apr 07, 2013 11:46 pm

What would have happened had he not agreed?
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Post  TheDesertFoxhat Sun Apr 07, 2013 11:50 pm

The administrators run things and make decisions...

They don't own anything tho...



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Post  TinyHandsOfConcrete Sun Apr 07, 2013 11:59 pm

Tokin Jester wrote:What would have happened had he not agreed?
i don't know that he did agree - the business was put into liquidation so at that point share ownership becomes irrelevant i.e. you've lost them
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