Charles Green’s media team did well a week ago today. The Sun had an extremely damaging story on Green but demoted it to page six while dedicating its front page to the man himself, but the consequences of the story remain.
The Daily Record, who today confirms they are being fed stories by Ally McCoist, also reveal that The Rangers International board’s chairman, Malcolm Murray, is one vote short of being able to sack chief exec Green. Adding, without a hint of irony, “once again, it falls on this newspaper to inform the fans of what is really going on”.
Sacking Green should be fairly straightforward but while this will remove one pantomime act from the stage, the corporate governance issues remain. While he is in charge at least Green is available to assist the club prepare against charges by Craig Whyte that it inappropriately acquired* assets belonging to his company [“You are Sevco”: (Green)], Sevco 5088 Ltd.
If the chairman fails to sack the chief exec and fellow directors, Brian Stockbridge and Imran Ahmed, at next week’s board meeting, several non-executive directors might find it difficult to continue to pick up wages for providing oversight on behalf of stakeholders to ensure the club’s business was conducted appropriately.
Fortunately for Green he retains the support of his fellow collaborators, although his enablers in the media and support are diminishing by the day (bless all their sterling work). Green will go when it suits Green to go, most probably when he has found a suitable proxy to ensure his interests on the board are protected (as Whyte believed he had a year ago). This is likely to happen when he wants season ticket renewal money in. He’ll drift away, “true Rangers men” will front things for a while, but pantomime isn’t over. The serious corporate governance questions overhanging the club right now grow by the day.
I wonder if journo who moved to Ibrox as he couldn’t stomach the dubious integrity of the media industry (Green’s former chief-enabler) has the front to come out batting for Green. Or is he too scared?
Speaking about dubious integrity….. has anyone thought of the excuse the SFA will come up with to overlook the link between Whyte and Green on Newco’s associate membership application? I expect they will appoint Mr Bryson to head up an inquiry which will find, “There was a link but as we didn’t know about the link at the time we cannot take any action”.
* Tried really hard here to think of a less pejorative word or phrase than the one which initially sprung to mind.
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If only there was a joke about the harm that can be caused through hunting beaver …
STV ‘Exclusive’ the business link between Whyte & Green ?
A shambles if LIARS ! more proof Craigy n Chuckes had other buisness dealings together ! Stv !
Well done the young hoops. You’ve done the jersey proud. Hope to see some of these boys in the first team soon. The futures looking green and white!
Oh the Zombies are dead ! Oh the Zombies are dead !! Ooooooffffttttt !
http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4362942/Im-not-here-to-be-loved-Im-here-to-FIX-Rangers.html
Doncha jes’ love big-hearted big-handed Challs
You are Sevco!
HH
Comical juxtaposition
… SFA & Due Diligence
….CO & integrity.
…..Sevco & a future..
HH
RAMAN N JOHN lookin down tonight…
The SMSM Fallin over each other in a rush to escape…
Oh dear challs its all starting to unravel,
Paul
If this link between challs and craigy is proven and bearing in mind the SFA preconditions is the current licence at risk?
Lets not even think about the risk to their first ever trophy being withheld
Nailed !………In black and white !
Well that has to be licence revoked? :)
STV (who would have thought it) revealing Whyte signed on as director of 5088 by none other than Charles Green.
Rangers asked for a response – CG’s response “I’m not speaking to that Pxxx! “
taranis
17:42 on
12 April, 2013
Popped out for a quick pint and found the local has a chap from Arran ales dishing out free beer ! Reckon I might hang around a little longer…..
Would you be in the Doghouse???
Is there still time for the Sevco shares to drop back to 1p ! SSB ! BFDJ is hammering the chairman of Sevco Malcolm Murray ! Lol ! Oh the elephant gun is oot ! They’re all gettin it ! Ps BFDJ your complicit with yer LIES also ! Anyone for a Wobbly 99 !!
Wit’s happening? Wit’s all the excitement about? Are they deed?
Weefra HH
Bombers was Right Whyte has the deeds ! Big fat Derek Johnstone stil in denial ! Lol lol !
BFDJ’s brain leaking out of his ear noo..
leftclicktic
17:25 on 12 April, 2013
If green takes the history with him, im sure it wouldn’t take much cash to buy their cheating titles and throw them on thatchers pyre.
This is all getting a bit messy. Dancer!
STV
Rangers chief executive Charles Green signed off on Craig Whyte’s appointment as a director of the company behind his planned buyout, according to documents lodged at Companies House.
Documents seen by STV show Mr Green’s signature verifying the appointments of Mr Whyte and his associate Aidan Earley as directors of Sevco 5088 Limited.
This appears to contradict a statement made by Mr Green in an interview with STV this week. When asked what part did Mr Whyte and Mr Earley have in Sevco 5088, he said: “Neither of them had a role in Sevco 5088.”
The revelations are the latest in the dispute between the former Rangers owner and the current chief of the club.
Rangers have not yet responded to STV and it is unclear whether they accept the validity of the documents.
The directorial appointment forms, which have been filed several months late, show the signatures of the former Sheffield United chief executive, alongside those of Mr Whyte and Mr Earley. It is believed the forms were signed during a meeting in London on May 9, 2012, three days before Duff and Phelps signed an offer letter with Sevco 5088 in a £5.5m deal for the club’s assets.
According to records at Companies House, Sevco 5088 was created as an off-the-shelf company by a Cardiff-based secretarial firm on March 29, over a month after Rangers were put into administration on February 14.
The appointment forms for the company, which is registered to the address of London legal firm Field Fisher Waterhouse, were lodged with Companies House on Friday.
Companies House confirmed the documents had been accepted but had not yet been scanned in to be made available on its website.
Quick response from deadclubmedia
CAN YOU HEAR THE PENNIES DROP :)
———————
The problem here is that SevCo 5088 did provide payment for the exclusivity.
If Whyte was a director and had paid to set up this firm, it could get messy.
Whyte might get a payout here.
—————————
He said only he was a director in the interview the other day, his lies are coming out mate and like it or not he will be lucky not to be chased out of here.
IMO his bullshit and denial of having anything to do with whyte is very concerning.
exactly mate that’s what is concerning , either he has blatantly lied the other day or the papers and the signatures are bogus , we deserve too know the facts and quickly
Sevco Green and Whyte
Glasgowbhoy, I am in the newly reopened Tullie Inn in sunny Balloch. There are not many takers so I am doing my best to help the sales guy out !
Is it any wonder Sevconians are easily duped time and again? If the oaf DJ is all they have batting for them, they are more to be pitied.
1985 cup final . I was 16 and drunk for the first time ( and not last) at a game.
Magic day as was 88
CRC…. Quiz tonight ?
HH
Agreed re BFDJ.. He s near greetin.. Slamming everyone but then it’s ” Mr Murray”…
Lickspittle … Creep..
So I assume CO will also resign forth with..
BFDJ & SSB.. …” Evidence not clear” indeed
But it will be..
Happy day
HH
Strip their ” title”
Stewart Regan shuffling his papers nervously just before going on national TV to tell the world that he’s not a Jim Goodwin and he has revoked Sevco’s license and ordered a full enquiry into the whole sordid affair and in the meantime he has plaiced Campbell Ogilvie on fishing leave until an investigation into his conflicting interests has been completed…
NotholdingmybreathCSC
Googybhoy, sorry just noticed your message. I came into the Tullie as I has been told they had St Mungo on tap. Then I came across the Arran ale chap and was convinced that free beer was the best way to go !
Chuckles seeks advice from google eyed salesman
According to STV the forms confirming Craig Whyte as a director of Sevco 5088 Ltd have only just been received.
Does that strike anyone else as rather odd – given that it actually happened a fair old while ago? I thought changes had to be submitted within 14 days?
Whyte Earley Ellis and Green
What a gang ehhhhh
Ellis is about somewhere :))
Just text a sevconion “TELT YE Asset strippers is their game”
response seven letters two words starting with F&O :))
Keep up the good work agents Green & whyte
Sorry if this has already been discussed but I have a question.
If Chuckles is given his P45 by Sevco Scotland Ltd and or Sevco 5088 Ltd does this end the embargo on him selling his shares?
Imagine getting beat 3-0 by every team in Div 3 lololololol
taranis
18:21 on 12 April, 2013
Glasgowbhoy, I am in the newly reopened Tullie Inn in sunny Balloch. There are not many takers so I am doing my best to help the sales guy out !
……………….
Spent many an hour playing pool in the Tullie or having acpintvwhile waiting for the train.
Missed a few trains as well.
Craigie! Craigie! Show us the deeds!
Craigie! Show us the deeds!
So Bomber’s state of the club address on the bighoose steps was pretty accurate. Instead of taking him as a mug, the huns have been mugged again by Jabba, Jangles and Chucky. They never learn.
Umpteen sackings
Linfield friendly
Shares dumped
Theremaybetroubleahead CSC
Auldheid @ 18:00,
Well said.
Who would have thought it could have gotten any more farcical. Words and phrases like “astounding”, “sublimely ridiculous” have been used up way before now, yet here we are again. We’re now rendered speechless at the institution that is at the root of all this nonsense. The SFA.
The tragic irony at the end of it all is that, after Jock Stein had taken this country to great heights, they have since ruined Scottish football, always and only with the sole (fish pun) objective of protecting one rotten football club. Now this rotten football club has proved it is beyond help.
Yet, Livingston were bankrupted due to Minty and his supporters in the banking industry putting on the pressure. Look at St Mirren now. Dunfermline. Hearts. All these clubs and more – including Celtic before Fergus stepped in, so this kills the theory of financial reasons for protecting the said club – considered absolutely expendable just to give that club another helping hand.
If the brown-brogued muppets at Hampden had made sure that all clubs had followed proper rules, not only would Scottish football be far stronger, but that rotten club would also be all the healthier for it, in so many ways. Culturally as well.
The ridiculousness of it all knows no end. Of course, for us our main concern is Celtic, but while stuck playing here, at least we’ve been well aware of the importance of playing in a healthy league. Due to our paranoia, we seemed to be the only club who understood the importance of decent football administration.
Or should we be blaming the football clubs, Celtic PLC included, for showing no desire to tackle (2nd fish pun) this issue properly since Farrygate?
Apols for the bad prose, like everyone, we’ve all got too much to say on this saga. I never did last the pace to find out how War & Peace ended. I only got as far as page 30 before I realised there were too many protagonists involved to keep up.