Green, Whyte, Sevco 5088 and the St Mirren link

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After 11 months of innuendo and unanswered questions the Sun today publish confirmation that Charles Green was a frontman for Craig Whyte.  The news will be a bombshell to many but few in the Celtic online community will be surprised.

The Sun today report that Craig Whyte and partner, Aiden Earley, are majority shareholders in Sevco 5088 Ltd, the company which bought Ibrox, Murray Park and other assets from Rangers’ administrators’ Duff and Phelps.

They also claim Charles Green subsequently transferred Sevco 5088’s assets into Sevco Scotland Ltd, which Whyte said was done without his permission.  Green was given considerable opportunity to respond to the claims but despite pages of comment does not deny the central claim that Whyte and Earley were majority shareholders in the company which purchased assets from Duff and Phelps.  The rest of the story amounts to little more than gratuitous detail.

Where does this leave things?

Whyte’s QC has started legal action, seeking control of Ibrox and other assets.

Duff and Phelps (presumably unknowingly) discretely sold Rangers assets to the man who appointed them and who is currently subject to an investigation into the collapse of the club.  Rangers’ liquidators, BDO, can cancel the sale of assets and claim them for creditors if they believe it was not conducted in an appropriate manner – and this is anything but appropriate.

When Sevco 5088 Ltd was negotiating with the SFA Green assured the SFA that Whyte was not part of his consortium.  This was a condition of the Newco being granted associate membership.  The SFA are now duty bound to investigate (although with president Campbell Ogilvie in place make no assumptions here).

What has any of this to do with St Mirren, you may ask?

St Mirren chairman, Stewart Gilmour, appears to have made a pact with Charles Green, who I hear has given Green his assurance that he will vote against league reconstruction plans, which the SPL are due to vote on 15 April.

Questions like who owns Ibrox, whether the Newco is a legitimate associate membership of the SFA, whether BDO will declare the sale to Sevco 5088 void, in the event this circus makes it to next season, whether anyone will buy tickets to the shambles, all remain unanswered….

…but Stewart Gilmour is making plans with Charles Green.  St Mirren fans should be outraged.  Mr Gilmour should be careful who he does deals with.[calameo code=0003901714557cf2d2048 lang=en page=134 hidelinks=1 width=100% height=500]

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  1. Green Lantern (((((0)))))

     

    15:12 on

     

    5 April, 2013

     

     

    Re H*N mates

     

    “This guy is an intelligent middle class leftist leaning person but he has undoubtedly been corrupted by online sites like FF”

     

     

    Contradiction in terms mo chara – an intelligent person being taken in by FF. The fact that anyone would believe anything on those site would render anyone referring to that individual as intelligent somewhat moot!

     

    Anyway i have no comparisons as i have no former Rangers or Sevco fans as friends or indeed casual acquaintances (Not sure if that is a good thing or not).

  2. Gene's a Bhoy's name on

    After his interview on ssn how about

     

     

    “How green is our sally”

  3. ASonOfDan

     

     

    15:18 on 5 April, 2013

     

     

    Police are NOT allowing Celtic fans to march to Celtic park tomorrow.

     

     

    What is the difference between us and zombies marching on Hampden last year?

     

    ______________________________________________________________________

     

     

    http://www.youtube.com/watch?v=rju9b_Uk8Sw

     

     

    I hope we get an incredible crowd tomorrow now, if we don’t turn out tomorrow……*****

     

     

    I would view anything less than 10000 a failure, harsh I know. Do people know what is really at stake here?

  4. Well this is new…

     

     

    7000 Sevco shares just been bought but as an uncrossing trade.

  5. ArranmoreBhoyLXV11 on

    HH

     

     

    FAIR PLAY Jim Goodwin, standing up for Lenny.. Pity no one from Celtic appears to be allowed to say anything…lest it be twisted by the MSM ..

  6. I just hope I get kettled with someone nice tomorrow and who does not suffer from poor hygiene…

  7. philvisreturns on

    petec – Excellent choice!

     

     

    We are the music makers, and we are the dreamers of dreams.

     

     

    Hail Hail and a big thumbs up to you, gentle sir. (thumbsup)

  8. hendrix67

     

    Agree with your summation ” No contrition at all” never mind the millions we owe (it’s not the tax mans” WATP (we are total P**h)

     

    Best of luck to all at George Square tomorrow, wish I could be there but its a lomg walk from Jakarta.

     

    From previous threads the ASA are looking at “the most successful team in Scotland” why are the financial authorities not looking at inflated gate figures (+25%) when raising a share issue.

     

    Again “Best Of Luck to all CQN’rs at the meeting and hope we can conclude business at Parhead.

     

     

    NOTE: can we start reporting that SEVCO are from “Ibrox” (hence name of asbestos dome). I am from Govan and hate them to be associated with my birthplace

  9. The good ship Celtica..Frantic07 & Mrs07 also in attendance tomorrow. See you at GOMA. I am the one who looks like yer Da! Is everyone wearing name tags? Would be like one big telly game show!

  10. Green Lantern (((((0))))) on

    oglach. Fair point, but I think it’s a case of none so blind as those who will not see.

     

     

    The alternative, ie reality, for these peepel is too unpalatable for them to contemplate, hence the risible attempts to rewrite history and misinterpret what is patently obvious to anyone with a modicum of sense or perception.

  11. Does this mean the Super Dupers Sellout Servconian celebration of their 55st or First title will be a new world record for the number of gullible Fudz who bought worthless shares in this green and whyte orchestrated sham being in attendance at any one time ! Or is the geme a bogey now lol ! Servconians the peepil who keep on giving oooooffftttt !

  12. prestonpans bhoys on

    Fess19

     

    15:40 on

     

    5 April, 2013

     

     

    Your NOTE is a good point. I also object to anyone calling Celtic Park “Parkhead”. I normally reply do Rangers play at Govan.

     

     

    PS not from Parkhead………..

  13. Mcoist on SSN “as a supporter myself I’m worried of course I’m worried, these things should be transparent, they should be discussed openly, I’m one of many rangers supporters to have put my hard earned cash into the business, and then to find out in the Sun of all places that Greggs steak bakes are going up by 20p is unacceptable, totally unacceptable”

  14. prestonpans bhoys on

    Question for everyone, got my semi tickets in for my group and each ticket is personally name. What’s that all about the seat number is associated with our ST’s.

  15. !!Bada Bing!! on

    Head Sun Hun Iain King tweeting jibes at The Record,and saying his pal Bomber was right all along about “show us ra deeds”.A bhoy posted earlier the Masonic Conspiracy got Broon to Dens Park to keep him quiet,same way as Murray told Masterton to take Calderwood,as he was promised the hun job by Murray.It’s all unravelling beautifully.

  16. The Good Ship Celtica. on

    Frantic07,

     

     

    :-)

     

     

    See you there.

     

     

    TGSC,

     

    Sailing On….

  17. Swatson, their licence is one of many significant problems.

     

     

    Chairbhoy, yes, all this should be the case. We’ll wait and see if the SFA can be bothered to investigate.

     

     

    Auldheid, it appears so.

     

     

    pabloh, yes, president Ogilvie is unlikely to turn his attention to this.

  18. Mike in Toronto on

    Green Lantern

     

     

    Question for you…. and I hope you do not take offence, for I do not mean any…. but your post touched on a subject that vexes me, and you seem like a reasonable sort, so I thought I would seek your input.

     

     

    It is about having sevco fans as friends…. I was brought up in a scottish/irish home, and definitely catholic… which I realize is not the same for all celtic fans…. however, because of that, I think I have always taken their bigotry more personally than some do (plus I have always been involved in religion and politics, both of which I take very seriously…. perhaps, too seriously sometimes). But the bigotry from that lot really offends me.

     

     

    My brother’s best pal seems like a genuinely decent sort… but I find that I tend to keep him at arm’s length…. he is married to a jewish girl, so I would assume he is not a bigot… but, after a few drinks, you get the odd ‘pape’ comment (said in jest, I hope).

     

     

    I would genuinely like to be more comfortable around him… but I have a difficult time because I expect, like your ‘friends’, that if they are sevco-minded (or not-minded is probably more accurate), that incipient bigotry is in them, and will come out at some point. Which makes me uncomfortable being around him.

     

     

    I know we all have flaws, and if we didn’t associate with flawed people, we wouldn’t have anyone to be with (including ourselves)…. but I do struggle with associating with people who support a racist instiution….

     

     

    Dont mean to single you out, and, as I say, no offence intended. But since you put it out there, I thought I would ask you.

     

     

    But would be interested in hearing anyone’s thoughts on the issue, as it is one with which I do struggle.

  19. philvisreturns on

    Paul67 – That red sure is hard to look at.

     

     

    Any chance you could change it to a nicer colour?

     

     

    Perhaps a pleasing shade of blue like David Cameron’s wise, kind eyes? (thumbsup)

  20. Sevco film:

     

     

    ‘A Funny Thing Happened on the Way to the 55th.’

     

     

    Pity Frankie Howard isn’t around to play the MMB.

     

     

    Under 35? Ask yer dad.

  21. !!Bada Bing!! on

    Whyte and Green carved it up so the CVA would fail and alas kill the huns,seems like Challs (short for charlatan) has stiffed our hero,but Craigy Bhoy is holding all the aces.I’m sure the intrepid Scottish Lapdogs are on the case…………….

  22. philvisreturns on

    !!Bada Bing!! – Craig Whyte – “I haven’t gone away, you know.” (thumbsup)

  23. philvisreturns on

    !!Bada Bing!! – Malcolm Tucker had the measure of Rangers supporters (thumbsup)

  24. prestonpans bhoys

     

     

    15:43 on 5 April, 2013

     

     

    ‘I also object to anyone calling Celtic Park “Parkhead”.’

     

     

     

     

    Generations of Celtic fans have referred to the stadium as Parkhead.

     

     

    There’s pedantic and there’s anal.

     

     

    I think you’ve strayed from one to the other.

  25. Mike in Toronto : What if your friend doesn’t believe the club he supports are racist ? What if he believes he supports a decent team the same as you believe that about our club . Devils-advocate.com

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