It only took the offer of Life Presidency to get David Murray to hand his beloved Rangers over to Craig Whyte.
The business head of the man that ruled Ibrox for over 20 years wanted shot of the troublesome millstone to his empire but an ego required massaging.
Having found Whyte prepared to take on the multitude of problems facing the club Murray allowed the price to drop from £30m to a single pound coin.
The salesman however had to get something for himself from the deal with the title of Life Presidency ensuring that any little problems such as where Whyte’s funding was coming from was overlooked.
Court shown email from witness to Whyte and Phill Betts 3 March 2011
1/2— James Doleman (@jamesdoleman) May 17, 2017
“one last deep breath to get over the line..the slam dunk on this issue would be to get Sir David to write a confirmation letter”
2/2— James Doleman (@jamesdoleman) May 17, 2017
Bryan says they wanted David Murray to know there was an “institution” involved in the takeover.
— James Doleman (@jamesdoleman) May 17, 2017
“When the customer bought the ticket the money wouldn’t go to the club”
2/2— James Doleman (@jamesdoleman) May 17, 2017
Draft letter shown to court says David Murray had been offered, and accepted “Life Presidency” of the club.
— James Doleman (@jamesdoleman) May 17, 2017
Former Ticketus employee Ross Bryan was giving evidence at the trial today.
Although not officially a bank or lender Ticketus were able to advance 90p in the pound on advance ticket sales and had been used extensively at Ibrox as Lloyds Bank turned off the tap that had helped fund success alongside tax evasion.
