Green For Go With HMRC

27 May 2012 10:56
Charles Green is confident that the CVA to save Rangers will go ahead.

Rangers latest saviour Charles Green has claimed that he has reached an agreement with HMRC over the Ibrox club's debts. Letters are due to be sent out to the club's creditors seeking agreement to the CVA - worth a total of £8.5million - on Monday. The deal is said to be an offer of 1p in the pound. He said: "HMRC have given us the nod but we need it in writing. We are in the very final stages of completing the CVA and that's expected very, very shortly." Green's plans to meet with Celtic's Peter Lawwell before Wednesday's summit of SPL clubs when possible sanctions for Rangers if they fail to agree a CVA will be discussed. As he prepares to take full control of the club, Green criticised the management of the previous two owners, Craig Whyte and David Murray, while outlining how he would do things differently by appointing independent directors to the board. He said: "The problem with the club historically is there has been no corporate governance. There was no accountability, no corporate balance. What we need to do is get people who haven't got shares on the board so they are not influenced by the share holding. When they make a decision then it's made on the basis of what is proper and what is right, not what is in David Murray's interest or that of David Murray holdings or in the interest of Craig Whyte."

Source: FOOTYMAD