As newco chief executive, Derek Llambias reported to his AGM yesterday, he meets the SFA today to discuss further involvement of Newcastle United owner, Mike Ashley at his club. Ashley is nearing the end of a power-struggle between his faction, which appears to include the Easdale brothers, and pretty-much everyone else who goes to Ibrox, as well as Dave King and other worthies noticeable by their absence when the assets of oldco were to be paid for.
One of this morning’s newspapers appears to suggest SFA board member Peter Lawwell may retire from this meeting on account of him apparently having a conflict of interest, however, I believe this would be extraordinarily unlikely. Peter is no more or less incentive to see business being conducted appropriately than anyone else.
That’s not to say there’s not a conflict of interest. SFA president, Campbell Ogilvie, will also attend the meeting. Ogilvie passed his Rangers shares to his wife when he became an executive director of Hearts. SFA Articles of Association expressly forbids a person from having an influence with one club while “directly or indirectly” being a shareholder in another without the prior written consent of the SFA.
Mr Ogilvie may have attained prior written consent of the SFA on this subject before accepting the Hearts job, but if he did, I don’t see the need to transfer his shares to a family member. This makes Ogilvie look like a tawdry ducker and diver, wholly inappropriate to lead the Association. If I was Llambias I’d challenge Ogilvie the first moment he opened his mouth.
As I said earlier in the week, don’t get too hung up on Ashley’s shareholding. If it proves a stumbling block he could play The Offshore Game and quickly disinvest to an entity based in the British Virgin Islands (seems to be the hot location for these types), the control of which could never be traced to him.
Those hoping the SFA will inhibit Ashley’s land-grab of retail and other rights are also likely to be disappointed. JJB and Wigan Athletic owner Dave Whelan established precedent that he was able to conclude extensive trading contract with other clubs while in charge of Wigan without compromising multi-ownership principles. Ashley can own and exploit all commercial rights of newco.
The key point Ashley will be concerned about in SFA rules is article 13. (3), which forbids persons from having “any power whatsoever to influence the management or administration of another club”.
The rules permit the SFA to grant Ashley permission to increase his shareholding but the phrase “any power whatsoever” is patently clear. Ashley cannot appoint board members or offer loan players.
The Dear Green Place
Yesterday’s uncertainty alarmed many in Glasgow but the reality of the news brought disaster to some. May God help each of them.
There’s always a spring in the step when news of our pal Kano arrives. That changed when I opened the email from Carolyn yesterday to hear Martin was in Intensive Care. We know through his time on the blog that Kano brought vigour and resolve to his life years before his illness struck. If anyone can overcome this, it’s him.
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What’s happening to the most competitive league in the world ????
12 points and it’s not even Christmas, the championship is turning into a bigger joke than sevco HH
jamesgang
Merry christmas on the day to you and yer lovely family. See ya saturday kiddo. :-))
Weefra HH praying to Wee Oscar.
dena29
22:41 on 23 December, 2014
There already dead mate
Jude
You used to say the same about Daly :-)
Night Night Timland. COYBIG. :-))
Weefra HH praying to Wee Oscar.
Jungle Jim Hot Smoked
21:45 on
23 December, 2014
AULDHEID @ 21:37
That is a superb summary of events. I can understand the anger felt by so many but that post should pacify the majority.
Thanks.
JJ
It should,but it wont.
Great stuff Auldheid.
hun sleeper- Indeed!
Also, what happened to “the journey”, looks like the sat nav packed up.
Cowiebhoy
Hope your girl is ok
its never easy losing a friend
Hail Hail
Cowiebhoy & HT
sad news, prayers and thoughts.
!!Bada Bing!!
22:32 on
23 December, 2014
bgx- I’ve been boring guys on here for over a year re League Reconstruction, if/when Sevco flunk the Play offs, many disagreed, I think it’s a cert.
—————————
No just boring fholk on here…whit aboot when yir in the pub?
sleeper/skelper- crap autocorrect.
I wish everyone and all Happy Christmas. I hope time spent with those who are close to you give you more strength and more faith. My thoughts are with those who lost their loved ones like Knox family and with those who suffer like Kane family.
goldstar10
22:43 on 23 December, 2014
Haha the journey, think they took a wrong turn along the way, heading for a dead end by the looks of it HH
jude2005 is Neil Lennon \o/
Whatever happened to that other Utd striker you wanted us sign a wee while back??
WeefratheTim :-))))))
good night Weefra see you Saturday
HH
Night Fra.
Margaret McGill
21:55 on
23 December, 2014
Auldheid
I am sorry
but you have become a patsy
================
There you go talking shoite again……but Jingle Bells anyway ….hahahahahahaha
Zbyszek
nice words
Happy Christmas to you
HH
Auldheid
Can I ask you a question ?
Am going to anyways :)
See if Res 12 is shot down for whatever reason, and I pray it’s not.
Will the resolutioners take it further ?
Playing devil’s advocate, the club seem to be dragging their heels, on many things the governance that is scottish football, be it cheating, rule bending, bent officials…..jez the list is endless……I understand that the suits first obligation is to the shareholders, but as has been pointed out by myself and many others on many occasions, the suits with their lack of action re the theft of monies due re CL entry, the theft of monies due re titles being won……………..ach you know fine well what I am getting at.
Why the silence on this ?
Why are they not doing their utmost for the shareholders they represent ?
Why has it taken the bold Canman to get Res 12 up and running ?
I could go on all night, but questions need answered, the support are walking away as I type this.
I am asking you this cos I trust you, I don’t always like what you tell me, but your judgement is A+ IMO.
Where do we go from here ?
HH
!!bada bing!!
22:32 on 23 December, 2014
Don’t think it will mate, the clubs would need to vote and the championship clubs won’t because it’s big bucks for them and the premiership clubs won’t because the fans don’t want them HH
zbyszek
22:45 on 23 December, 2014
A Happy and Holy Christmas to you and yours.
Keep the Faith!
Hail Hail!
Zbyszek
Have a great Christmas if you’re not on here over the next few days.
Margaret McGill is right our club is cowardly and they know it.
hun skelper
22:42 on
23 December, 2014
dena29
22:41 on 23 December, 2014
There already dead mate
As long as they are playing in any form newco or oldco its not enough for me.
they need to be stomped out
:-))))))))
HH
Thanks ghuys, see yez saturday. Night. :-))
Weefra HH praying to Wee Oscar.
I have a huge admiration for Auldhied – he is a very intelligent and decent guy who plays by the rules. The problem is that he is up against people who flout or rewrite the rules to suit themselves. Not sure what the answer is to that one – sometimes Tony Donnellys GIRFUY has a bit of merit.
Goodnight Timland
May not be on tomorrow so
A healthy , happy and holy Christmas to you all,
may Christmas be everything you wish for ,
Hail Hail
https://twitter.com/football__tweet/status/547435254932193280
cowiebhoy
So sorry to read that. Laura is a strong and resourceful girl and I hope that she is able to call on her courage in these difficult times. I hope she is able to make the most of her time in Australia given the circumstances.
Oops, sorry, that last post was to dena29 and HT. :-)) incidentally, still aff the fags, 7 weeks yesterday. Dead chuffed. KTF.
Weefra HH praying to Wee Oscar.
Dena29
Don’t know if you read James Forrest’s blog?
There will always be some of them shovelling in a pile of horseshit trying to find a pony……
Dena, lennybhoy , thanks and all the best to you.
Hamiltontim I won’t be but will speak to you soon. Please pass my best to your good lady.
Auldheid……
Please keep doing what you are doing
In my eyes you can respond to people if they question you
But really if these people want answers, let the them question
I reiterate
Auldheid…
Please keep doing what you are doing
Take care & God Bless
WeefratheTim
well done you do you feel any better for being off the coffin sticks.?
HH
BIG-CUP-WINNERS
NO I dont read that blog should I have a wee peek?
I usually rely on cqn
HH
Huns= Consigned to history
Celtic, Champions of Europe 1967 (year o ma birth) Still making history, 126 years and counting
here we go to 4iar (10iar) take your pick ??
I sleep well every night
Huns on tv yesterday asking wtf is sleep. roon ye ya sevvie supportin deniar. No Jason by the way
hun skelper-i think the ‘for the good of Scottish football…’ , mince will come to the fore, threats of no TV money,lay offs etc etc
dena29
Nope, don’t feel any difference. But I have 7 50gms packets of Golden Virginia lying in my kitchen. Hahahahaha Seriously. :-))
Weefra HH praying to Wee Oscar.