New Rangers owner Charles Green has denied having any previous business link with Craig Whyte after purchasing his shares for £1.
New Gers owner denies having 'business relationship' with Whyte
New Rangers owner Charles Green has denied having any previous business link with former owner Craig Whyte after purchasing his shares for £1.
Gers entered administration under Whyte's ownership in February and are yet to emerge, with the club hoping to achieve a Company Voluntary Agreement with its creditors.
Reports surfaced over the weekend that one of Green's companies had business dealings with a finance firm connected to Whyte back in 2000.
However Green, whose consortium saw their bid to buy the club accepted by Rangers' administrators over the weekend, has rubbished any suggestion of a previous connection.
Meeting
He told the
Daily Record: "I met Mr Whyte for the final time last week when he signed the legal documentation exclusively with my group to pledge his shares and his debenture to this bid on the basis that the CVA would proceed.
"Have I ever met him before? Never. There was a comment in the press that I had a business relationship with him through a company which was a financial services company I was chairman of in 2000. That's as serious as saying you all have relationships with him because you all shop at Tesco and so does he."
Green confirmed he had given Whyte £1, the same value he paid former owner David Murray, for his 85 per cent stake in the club.
He added: "I was asked if I had paid him money for the shares. Yes. I paid him £1 because legally I had to.
"He paid £1 to David Murray, I gave him his £1 back."
