Boys in blue turn to Ibrox

661

Its seven months since the Worthington Group, who represent the interests of Craig Whyte, reported Charles Green and Imran Ahmed to the Serious Fraud Office over the ownership of Sevco 5088 Ltd.

Sevco 5088 Ltd bought and paid for irrevocable rights to buy the assets, including Ibrox Stadium and Murray Park, of Rangers Football Club PLC, in liquidation.  Those rights were subsequently assumed by a different company, Sevco Scotland Ltd, now called Rangers Football Club Ltd, who are a football club in the third tier of Scottish football.

The question is, how did Sevco Scotland acquire those rights?

When this question was raised back in April, it was reported that Rangers International PLC instructed Pinsent Masons to investigate the matter, but instead, Pinsents reported on whether Craig Whyte was involved in Sevco Scotland Ltd, a company he claimed no connection with.

The BBC, who broke the story yesterday evening, suggest Police Scotland are investigating if Craig Whyte is still involved with “Rangers”.  Although this would break the terms of Newco Rangers entry into Scottish football, it is not, of course, a crime, nor something the police would concern themselves with.

More importantly, the BBC suggest police want to speak to Charles Green, former chief executive of Rangers International PLC, about a document submitted to Companies House.  The dispute over the ownership of Sevco 5088 Ltd has played out through documents submitted to Companies House, not all of which can be legitimate.

Perhaps the biggest challenge of all to the Newco is that these matters have a history of taking a long time to resolve.  Time is not a commodity a company without bank borrowing or positive cashflow can afford.

If only any of us saw this coming………
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  1. A football great ———-

     

     

    Entertaining[if rather schmaltzy] dramatisation re the life of the great Gigi Meroni on Italian tele last night .

     

     

    Fabulous player . 2nd best footballer I’ve seen [ after Gianni Rivera]..

     

     

    Died ,aged 24 ,in 1967. [ he was hit by 2 cars whilst crossing a street in Torino.

     

     

    Fabulous,fabulous player

  2. Sorry all, got dragged into a quick meeting there! booooo

     

     

    1. Zoff, Buffon, Fuser, Burgnich & Santon. Other contenders;

     

    Ferraris, Vierchowod, Loik, Grezac and De Sanctis

     

     

    2. Who is the only team in football that is made up of only vowels? WOLVES

     

     

    Thanks for your participation folks.

     

     

    HH

  3. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    the battered bunnet

     

     

    13:44 on 12 November, 2013

     

     

    THAT is the best and funniest post I have EVER read on CQN…..although I don’t fully understand the full financial / legal detail, I understand enough to appreciate the fact that, as stated by many on here, they ARE deed, and sevco are heading the same way…….

     

     

    And our Board have been silent because they knew / know where this is all going to end up ….. now where are my sedatives ??

     

     

    Hahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

  4. The Battered Bunnet on

    PF

     

     

    Yip, it’ll be an interesting time come spring when, between pups, pigs and whatnot, chickens are roosting too. A veritable farm yard.

     

     

    Someone’s going to have to put their hand in their pocket. Any nominees?

  5. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS backs Resolution 12 on

    Robert is a fairly common name in Scotland.

     

     

    Been reliably informed in the past that no-one called Rab has ever played for Rangers.

     

     

    Including Bobby Russell,or Rab as he had always been known until signing.

     

     

    Dunno why.

  6. Kevin’s mother struggles to love her strange child, despite the increasingly vile things he says and does as he grows up.

     

     

    But Kevin is just getting started, and his final act will be beyond anything anyone imagined……………he signed for Sevco

  7. Easy ———–

     

     

    Aldo Bet

     

    Ivano Bordon

     

    Felice Borel

     

    Gastone Bean

     

    Enzo Bearzot..

     

     

    Can come up with more if you want

     

     

    It takes 90 minutes to travel from Montalbano land to Catania on a supporters bus . They do quizzes !

  8. delaney’s dunky @ ages ago

     

     

    Dixie Deans did indeed score six against Thistle *I was there* but who scored Celtic’s other goal in a Seven goal thriller.

     

     

    NoGoogling CSC

  9. There apparently have been lots of Rangers players who were really called Kevin or Rab.

     

     

    Ally McCoist has demanded to know the names of these people.

     

     

    His wish is my command. Ally, the names of these people are Kevin or Rab

  10. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS backs Resolution 12 on

    SOUTH OF TUNIS

     

     

    Not much use to most of us if they’re in Italian…..

  11. Art of war,

     

     

    The other one I stumbled over when reading about buffon was another Mr buffon.

     

     

    Grandfathers cousin.

  12. SoT – Forgot to say that you were barred from participating! :-)

     

     

    I only had 3 of those in my extended list (that i didn’t publish, honest).

     

     

    HH

  13. BMCUW

     

     

    as I posted earlier, Billy Drinkel lost his place in the team to Judas. This was at the time they found out his real name was Kevin and that’s why they were burning their season books

  14. The Battered Bunnet

     

    14:14 on

     

    12 November, 2013

     

    PF

     

     

    Yip, it’ll be an interesting time come spring when, between pups, pigs and whatnot, chickens are roosting too. A veritable farm yard.

     

     

    Someone’s going to have to put their hand in their pocket. Any nominees?

     

    ………………………………

     

    wee lad in class joke ………….got ma hand in ma pocket Miss….something about 3 inches long,,,skinny with a head on the end ……….” Get out of my Classroom Timmy”

     

    only a matchstick Miss …but shows yer thinking ………..braw

  15. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    art of war

     

     

    14:12 on 12 November, 2013

     

     

    Took me a minute, but got 2……..LOL

  16. LiviBhoy - God bless wee Oscar on

    Is it the quiz hour?

     

     

    Who scored the other goal when Big Jackie scored 4 against Partizan Belgrade.

     

     

    LB

  17. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    ….pfayr supports weeoscar

     

     

    14:04 on 12 November, 2013

     

     

    CORRECT…..!!!!!!!! GETS BETTER EVERY DAY

  18. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS backs Resolution 12 on

    CADIZZY

     

     

    Aye,I noticed that just after I had posted.

     

     

    Always the bridesmaid….

  19. In the aftermath of Celtic’s four headed goals victory, against Ross County statisticians *anoraks* – were scouring the internet.

     

     

    Jimmy McGrory noted for his astonishing prowess in the air scored eight times against Dunfermline in 1928 Scottish League game.

     

     

    Not one of them with a heider CSC

     

     

    bournesouprecipe CQN

  20. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    livibhoy – god bless wee oscar

     

     

    14:24 on 12 November, 2013

     

     

    Partisan..?

  21. Kevin came from Dumfries and Galloway.

     

    Hitch-hiked his way over Govan way.

     

    Changed his name along the way

     

    so everyone though he was Billy

     

    He said hey babe wanna play for the dark side,

     

    Said, hey honey, wanna play for the dark side,

  22. Steinreignedsupreme on

    Joe Filippis Haircut 11:00 on 12 November, 2013

     

     

    “I sometimes think you Bhoys who think the Rangers will go out of business think if you say it often enough it will come true.”

     

     

    Rangers did go out of business.

     

     

    This is a matter of public record. Opinion does not come into it.

  23. Big Pierres 2 front teeth on

    AOW

     

     

    el shaarawy was the first one that popped into my head after all his trash talking about us before the game at the San Siro!

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