Corporative governance, dubious integrity, who else could it be?

732

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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  1. DUPED AGAIN ! Shafted by Minty ! Shafted by Craigy ! Shafted by Green !

     

    Stupid stupid Zombies ! Get the Four Horsemen if the apocalypse out again Bhoys a think we’ve got a wee addition to the tifo ! Now next question where do we position chuckles ideas anyone !

     

    What about halfway up Craigys erchie lol !

  2. So Aidan Earley was appointed a director of Sevco 5088 on May 9 and Chuck authorised it.

     

     

    They are F*****!

  3. GlassTwoThirdsFull on

    Auldheid 18:00

     

     

    Although I don’t disagree with you that the SFA will do anything to have some form of “Rangers” in Scottish football, I think the instructions are coming from higher up.

     

     

    I really don’t think Regan’s “social unrest” comment was his own – I think he had been briefed and told there had to be a “Rangers” playing football. Hence no invitation to Spartans, Cove, etc.

     

     

    I also think this is why BDO hasn’t done anything (yet anyhow) re Ibrox being sold clearly well below its true value.

  4. Fortune Favours Mibbes

     

     

    At least you hit the submit button in the right plaice. ( Groan) Unlike myself a couple of hours ago .

     

     

    It’s a whilst since I read War and Peace but I am pretty sure Natasha ends up quite happy. And Bezukhov has a fling with the Masons

     

     

     

    Jimbo

  5. New music download to rival that woman’s tune …

     

     

    Don’t walk away Don’t walk away not now , now I’m lying ooooofffffftttt !

  6. The appointment of Craig Whyte to Sevco 5088 is dated three days before the company signed deal for Rangers’ assets.

     

     

    Dodge that one Ogilvie!

  7. Marrakesh Express on

    God bless the Scottish msm. Once again they refused to dig deep on Green, as they did Whyte, and all because they couldnt afford to lose the Sevco readership. And what an outcome!

     

    I despise our msm but I really shouldnt. They’ve played a major role in the death of Oldco and now Newco.

  8. I have no doubt that Green and the Huns will claim the link with Whyte was with one of the other Sevco companies and not the one who bought the Huns.

     

    The SFA /SFL will take time to look at this and come up with nothing as that’s what they have to find or they incriminate themselves or show themselves as being incompetent,

     

     

    Any result will come out long after Green is gone. Longmuir will be a worried man now, he’s blown his credibility with a number of clubs.

     

    Sit back and enjoy the fun

     

    When two Huns go to war one is all that you can score CSC

  9. Who do the bozos at the SFA answer to and that’s the question, why the silence from all of the clubs including our own.

     

     

    There will never be a better time to pull the whole plaice down and start all over again, gut the whole thing and create a new body..

     

     

    Now wouldn’t it be really really weird if there were some fishy politicians who need this scandal just to go away…

  10. Pmsl ! Brian a deluded Zombie ! Everything’s ok Charles got whytes number !! Lol lol !

  11. Taranis

     

     

    Had a meal in the Glass House on Easter Monday with the family.

     

     

    Very nice.

  12. GlassTwoThirdsFull on

    Dodds talking about “doing the percentages”. Okay Billy – if you get £180,000 and pay tax at 40% what does that leave?

  13. So Sevco 5088 bought the assets. Sevco Scotland “acquired” the assets.

     

     

    Am I missing something here? I’m pretty sure Craig Whyte didn’t sell them for a £.

  14. How long must this disgrace of an ” institution ” continue to embarrass Scottish Football

  15. PFayr

     

     

    For as long as the SFA masonic cabal aided by Salmond’s lot are happy to put up with it.

  16. Looks like the Servconian minions will be watching their fitba on the pavements soon ! Watch out Zombies those Kettling tactics and helicopter surveillance can be the death of yeez !

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