BBC report that Newco Rangers chief executive and major shareholder, Charles Green, has indicated to his board that he will resign. Two weeks ago the last owner of Oldco Rangers revealed that he was also a director of Sevco 5088 Ltd, the company who had an irrevocable agreement to buy the assets of Rangers from administrators Duff and Phelps.
The entitlement of Sevco 5088 was subsequently assumed by Sevco Scotland Ltd (now Rangers Football Club Ltd, a subsidiary of Rangers International FC PLC). Sevco 5088, which Green remains a director of, is now owned by Worthington Group PLC and has started legal proceedings against Rangers Football Club Ltd, claiming ownership of their assets, including Ibrox, Murray Park and all intellectual property.
Green initially rebuffed Whyte’s claims, insisting they were invalid, but his decision to surrender and.… walk away, is sure to add to speculation to what is coming next. Boom!
Reporters are desperately trying to find out when Zadok the Priest was heard at Ibrox Stadium, releasing Green from one of his hilarious commitments.
NEW SERVERS ARE LIVE AND READY TO ROLL
The current CQN server was commissioned in June 2011. When we approached the annual renewal time last year, like a lot of the media companies mentioned above, I thought, with no Rangers, interest will fade, there’s no point increasing infrastructure.
The traffic peak we endured in May 2012, when the server played its part in some major issues, hasn’t been matched since, but server resources continue to be stressed. Last week I bought three new servers (we now have three physical and one virtual) and shortly after full time at Tannadice tonight, our man Andrew in Belfast will bring the system down and start the migration process. We will be offline for a few hours.
After we’re back your existing user accounts will remain active. The domain name (celticquicknews.co.uk) will point to a new server (IP) address but it can take hours (or days) for each internet service provider to update their records. As a result, celticquicknews.co.uk might not find the new server immediately.
Once we are live I will let you know the server IP address (a series of numbers you can type into your address bar), which will enable you to get onto CQN before your ISP has updated their records. Check Twitter (twitter.com/cqn) or Facebook (CQN-Magazine) for the address.
Let’s hope it goes smoothly…….
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Boom
Good
Fire up the server.
No… we need chuckles
Bye bye chuck
If we get new servers will we get new balls?
Don’t forget Chuckles bought the history.
I can see it appearing on ebay any day now.
Paul67
Magic!
crushed nuts?’ ‘naw, layringitis!’
14:30 on
19 April, 2013
Fat sally, the oldest young manager in the game; the coach of the ‘worst ever football side’; the gaffer who has been kicked out of the most cup competitions consecutively; the schmuck who threw away a record point lead, can now ‘add losing the largest number of people I can work with’, to his CV!
Ernie
Charles stated categorically .. that he bought the history.. and no one would be taking it from him
This is bad news for clubs like …………………….eh ?
And the St Mirren club tie? Does he get to keep that? And what of the Crackerjack pencil?
I know he is a man of principle and won’t take a penny from the £22m account. Every penny counts these days. Bills to pay and all that.
Wouldn’t want to put his beloved The Rangers in any financial difficulty I’m sure
Top Ten, no bad. Charlie,take CO with you
Paul67,
“Reporters are desperately trying to find out when Zadok the Priest was heard at Ibrox Stadium, releasing Green from one of his hilarious commitments.”
hahaha Classic!
HAIL! HAIL!
Token
Mark Hately, (no you were right first time!)
“WHEN Charles Green first walked through the front doors of Ibrox the biggest fear among Rangers fans was that they were getting landed with another Craig Whyte.
Five months on, it’s beginning to look as if what they’ve actually got is their very own Fergus McCann.”
leftclicktic
14:24 on 19 April, 2013
From earlier in the week
politically incorrect warning :))
Charles Green – This Is My Life (Walks away)
http://www.youtube.com/watch?v=dzjMLqRQtRM
————————–
Does he take his history with him :))
O.G is this anything to to with Jabba working frantically last night or just another gift from the gift that keeps giving
Green for gone!
Sorry boys but watch out for the heralding of Walter and the Barren Knights to the rescue.
MSM – Ally wins over sacking request as Green parts to spend more time with…….
Hope St Mirren get their tie back!
So which big English club is rollin’ out the ole red carpet for football’s man with the Midas touch?
Paah !
Typical service providers.
As soon as you discuss financial penalties they start acting like Celtic strikers ;-)
HH
summa of sammi….
14:32 on
19 April, 2013
.
and shortly after full time at Tannadice tonight, our man Andrew in Belfast will bring the system down and start the migration process. We will be offline for a few hours.
Google Translate: Carfin to English..
Me and Andy in Bellshill are Watching Ra Gemme in The Carfin Vaults ..and We are Gonnae Pull the Plug on CQN (Cause Yir No talkin Aboot the Gers)..for a Few Hrs cause we will be P*shed..) as we caned to Migrane..:-(
Summa of PaulJungleCSC
Ah Chuckles has chucked it, i liked him he was soooooooooooo funny.
God bless the ‘unseen Fenian hand’ (there must be a song in that!)
Another Bun walks away is it never ending :)
Just broke the news to a sevconian by text ,He disnae believe me Waaaahhhhaaahhhahaha
and all intellectual property.
Are we talking about the same club?
That word doesn’t go in conjunction with that mob.
Phil MacGiollaBhain @Pmacgiollabhain 7s
I am hearing that the Dallas Cowboys are in utter turmoil at the news coming out of #Sevco HQ.
Phil MacGiollaBhain @Pmacgiollabhain 1m
Ah this could get wonderfully messy…
No, seriously.
Charles Green walkin’ away is ‘like a new signing’ -Mark Hately.
Did Chuckles leave the deeds? ;-)
Son Of Gabriel
“and all intellectual property.”
What? He’s taken away both brain cells??
Oh no! What has he recorded?
What will the former journalist now leak to the press?
Will the hold onto super manager Swally?
Loads of questions and Sevco fans scared of the answers.
Hope the servers can handle the traffic!
LB
leftclicktic, 14:33
No!
It’s yet another gift
You still could not embarrass the huns or any of their MSM cheerleaders.
We’ll see in due course what concessions Whyte and Worthington can force out of RIFC plc as regards the old switcheroo. The issue of uncertainty over the title to the assets sold by D&P is so utterly nihilistic for RIFC plc that they simply cannot risk a reversal at court. They need certainty, and certainty comes with a price.
Question is at a local level:
Does Green’s going scupper any backroom deals he has stitched together in terms of league structure etc?
Or enhance the chances of such a deal being stitched together given that the club is going to be run by “proper Rangers men” again?
Just saw Jim Traynor logging into Monster. He must have received the Scottish Press Award for the most ill-advised career move of the year.
Hope the 500,000,000 worldwide fans arnt too upset today! No surrender my ……se
….we’ve all seen an Orange Walk…….
…………..now we’re getting to see a Green
….walk
HH.
;)
That’s what happens when you fall out with the owner i suppose. Gutted all the same, is that the Dallas Cowboys partnership finished? Will Man U still want The Rangers in the premiership?
Just seen Craig Whyte giving Charles a backy down St Vincent Street on that bike he nicked from the Blue Room. They’re both laughing like hyenas.
I have a feeling that this weekends going to be a good weekend lets do it lets do it lets do it cause….
HH.