Cenkos involvement worth attention


There is a realisation that the information issued by Craig Whyte last week is only the beginning of what promises to be weeks of salacious details.  Ownership of Ibrox, Murray Park and other assets purchased by Sevco 5088, a company which Charles Green signed a Companies House form for on 27 December 2012, but which Craig Whyte claims to be a significant interest holder in, is in doubt.

This matter could take weeks to play out and months, or longer, to settle.  The evidence provided thus far is interesting but courts are notoriously more concerned by paperwork than recorded conversations.  If Craig Whyte has paperwork to back his claims he will feel by far the more comfortable of the two parties.

Of more immediate concern will be what Cenkos Securities knew.  Cenkos were the Nominated Advisors for Rangers International’s recent Initial Public Offering and Newco’s directors would have been required to inform them of any claim over assets, no matter how spurious or disputed.

City Regulators move quicker than the courts and will want early information on when Whyte’s claims were made, what was revealed to Cenkos and how the board minute-d these matters.  Keep your eye on this one.

Having used David Longmuir to get at SFL clubs in an attempt to sink league reconstruction plans Charles Green, who has made no secret of his opposition to them, turned to St Mirren chairman Stuart Gilmour.  Gilmour, who was incandescent with outrage last year when SFL clubs refused to make a space in their top flight for Newco, plans to acquiesce.

He should reconsider before the St Mirren board meet to discuss this on Wednesday.
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  1. jungle jam67 on

    na na na na na craigy whyte..craigy..craigy whyte na na craigy..craigy whyte



    more jelly and ice cream







  2. Saint Stivs


    17:03 on


    7 April, 2013


    I really do need to grow up.



    was on my way to milton grass parks this morning and took wrong trun off maryhill road when i spied 5 seconians waddling doon, and gave them a wee friendly zombie gesture.



    they wurny happy.



    couple of mins later i had done a full loop on the road and was in front of said zombies in front of a blue lodge and 20 others mates.



    hasty exit.



    oh the banter.

  3. The web of deceit and lies is utterly incredible …


    Never mind the SFA


    never mind LNS


    Never mind the SPL


    Never mind UEFA


    Never mind HMRC


    The police and Westminster need involved in the disgusting scandal

  4. EasterRdDavie on

    Apologies if this has already been posted – I have been suffering from a heavy cold & feeling pretty ropey over the last week and so haven’t been able to properly catch up on all the previous comments on CQN from Paul’s recent articles – but if you can click on the attached link it consists of a fairly excellent summary of the whole murky ran*ers fiasco,and in my opinion this certainly deserves a wider audience!







    …doubtless this one will run & run….




  5. prestonpans bhoys on

    Ten Men Won The League


    17:01 on


    7 April, 2013



    Is there not a bit of history between him and the rest of the board??

  6. Podium?



    According to Professor Emeritus Robert K. Barney, the University of Western Ontario’s founding director of Western’s International Centre for Olympic Studies, the idea of having winning athletes mount a podium while they received their medals, is a Canadian idea born in Hamilton, Ontario in 1930.


    Professor Barney’s 25-page research paper in the International Journal of Olympic Studies indicates podia were first used at the 1930 British Empire Games (now Commonwealth Games) in Hamilton and subsequently during the 1932 Olympic Summer Games in Los Angeles and Winter Games in Lake Placid.



    Well there you are!




  7. swatson Neil Lennon's 6ft skinny twin! on

    Leftclicktic and you too was a delight meetin all the guys, just catching back up, was shopping, swing park, dogwalk, now to make dinner. Spot who’s givin up the smokes lol.

  8. prestonpans bhoy



    He is only a part of the consortium that controls St Mirren. I might be wrong, but going by Paul’s comment at the end of the blog post, if he doesn’t change his point of view, it looks as though the rest of the board will overrule him and vote yes.

  9. Apologies to everyone who has already read this obvious re-post from an earlier article:





    The youth football club from which i take my CQN name (Giffnock Soccer Centre) are trying to raise fund for a new 3G pitch and to support the Johari Foundation, which supports child education and promotes self-sustainability in Kenya (particularly in Kibera which, with 1 million inhabitants is the biggest slum in Africa and one of the biggest in the world.)



    To this end we are selling raffle tickets on (http://www.ebay.co.uk/itm/Sky-Box-Package-Celtic-Park-/181111831611?), with the prize being two tickets at the Sky Box at a Celtic home match, with full hospitality, courtesy of Lomond Audi



    With Paul67′s permission, i hope to advertise this another once or twice between now and 19 April, when the draw is made.



    Thanks in advance.



  10. Paul67, We raised and extra £277 from the contributions for the banner and those who contributed agreed to give the money to a charity of your choosing.


    Message sent via Facebook. Let me know what you think.


    And thanks for letting us use the logo.

  11. Tim Malone Will Tell on

    Chuckles is toxic – if Gilmour doesn’t have the sense to distance himself then you can only conclude that there is more to this than meets the eye.



    And while we’re on the subject – what was the purpose of Chuckles sitting in the stand last week with a St.Mirren tie on? More hubris? – trying to make it clear to the hun hordes that he was actually the man pulling the strings when Gilmour voted “naw”?



    Seems to me that Green might have been better keeping his profile low and his gob shut – but that’s clearly beyond his very limited capabilites.

  12. Steinreignedsupreme on

    All these revelations are making the Zombies look more confused than they usually are.



    From supporters bus to boardroom, Sevco are a complete shambles.



    But you have to laugh…

  13. Valentine's Day on

    Sir David Murray a erstwhile King……who’s lost


    control of his pawn’s.

  14. jude2005 is Neil Lennon \o/ on

    Holy Family & St Pats from N I in the final of the singing comp on BBC1 now!!

  15. Steinreignedsupreme on

    Tim Malone Will Tell 17:20 on 7 April, 2013



    Charlatan Green can’t help himself.



    This chancer has been allowed to say and do pretty much as he pleases – unchallanged by the Zombies, the media and the jokers who are supposed to be running Scottish football, that he has no sense of how to conduct himself.



    As you say he is toxic … but everything to do with Sevco is toxic.

  16. prestonpans bhoys on

    googybhoy ♥ Celtic


    17:25 on


    7 April, 2013



    There’s not much on the telly to keep us amused, 20mins of the hun game was mince, OPR is awful and the Hannover game did not have a shot.




  17. jude2005 is Neil Lennon \o/ on

    Can I Have Raspberry



    Let Raemon always be remembered!! His parents tho broken hearted must be very proud of him!!

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