The following is incorrect;
"....Whyte sold his controlling interest in Rangers for £2 to a consortium led by Charles Green on 13 May 2012..."
This is not the case. On 13 May 2012, the administrators agreed to sell the club to Green for £8.5 million assuming a CVA was accepted. The comment about "£2" was a joke Charles Green made about Whyte's initial purchase of the club in 2011. Anyway, the CVA wasn't accepted, the club/business went belly up and final acquisition of the assets (for £5.5 million) wasn't completed until June (2012).[1]
References
[Charles Green completes Rangers purchase despite Walter Smith bid "Charles Green completes Rangers purchase despite Walter Smith bid"]. BBC News. 14 June 2012. Retrieved 1 September 2015.
