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

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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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732 Comments

  1. sixoclockatthechapel on

    Can anyone tell me when the Liquidators-BDO-move in on this charade?

     

     

    Thanks.

  2. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    sixoclockatthechapel

     

     

    19:43 on 12 April, 2013

     

     

    Think we may find they are working closely with the Police as we speak………..!!!!!!!!!!!!!!!!.

  3. petec

     

     

    19:40 on

     

    12 April, 2013

     

     

     

    Just listened to first 5 mins and didn’t think about it in that way (after years of trying to figure out what had happened) until I responded to your post this morning.

     

     

    Will explain by email

  4. charles kickham on

    14 year old at the masters been given a shot penalty for slow play – disgusting

  5. I'm Neil Lennon (tamrabam) on

    The boy jinky

     

    ma ain maw had a similar saying

     

    Davie Hay wull no pay yer fine wull he?

  6. sixoclockatthechapel on

    67Heaven-hope so!

     

     

    But jeezo-they have been very quiet going about their work since I first heard of their appointment-v.frustrating!

  7. It would be great if they were all sitting at their board meeting tomorrow and the door

     

    bursts open and there stands Craig Whyte waving a title deed and wearing a big s*** eating grin and all he says is ‘THERE’S YER CHICKEN DINNER’.

     

     

    HH.

  8. skyisalandfill on

    Guys. Does anyone know if tickets for Sundays game can be purchased at the gate so to speak.Me and a mate and his two boys were planning heading down from Elgin but he reckons you can only get breifs from the CFC ticjet office on Saturday.Any advice would be appreciated.

  9. thebhoyfromoz on

    SOAL

     

    All Set

     

     

    1830: Doors open

     

    1940: Echo and The Bunnymen

     

    2030: Interval

     

    2050: James

     

    2300: Show end

     

     

    I have tickets for the gig tomorrow, is that definitely the schedule? To be honest only going to see the bunnymen, not much of a fan of James. I was planning to get there about 8pm, inwhich xasexi would have missed a fair bit.

     

     

    HH

  10. The Spirit of Arthur Lee on

    I’m hearing only bad news from Radio Sevco,

     

    I’rn hearing only sad news from Radio Sevco

  11. I'm Neil Lennon (tamrabam) on

    its funny when you think back to the days pre Fergus mccann of packed huns buses waving handfuls of money at half full celtic buses that it would have turned around so much

     

     

    I heard it would happen one day but it just took so long to happen. it was probably worth the wait though

  12. stpatricksbhoy on

    charles kickham

     

     

    19:46 on 12 April, 2013

     

     

    14 year old at the masters been given a shot penalty for slow play – disgusting

     

     

     

    Why,the rules are the same for all golfers,he goes in the clock and then no improvement he is penalised.The biggest problem in golf at all levels is slow play.

     

     

    Hail Hail

  13. Joe Filippis Haircut on

    Fat sleekit McCoist says he has no problem with Charles Green just as long as he gets his 10 Million war chest he was promised.However,who will be sacked first should be the real question ? I dont expect the Scottish football authorities to do anything about todays disclosures they are to busy penalising Dunfermline Athletic they will air brush the Rangers situation and you bhoys who think this will be the end for the Ibrox mob have been on the sauce.H.H.

  14. prestonpans bhoys on

    I’m Neil Lennon (tamrabam)

     

    19:53 on

     

    12 April, 2013

     

     

    On our last two trips to the bigotdome I did exactly the same thing, took out 100 notes and watched their blank faces :)

  15. Looks like I picked the wrong day to give up the jelly and the ice cream.

     

     

    Lloyd Bridges CSC

  16. Fortune Favours Maybe

     

     

    Natasha was in the Russian Gymnastics team at the 1812 Olympics. Bezukhov played for Zenit St Petersburg before a shock move for 29 Roubles to Spartak. You know who the Masons were already.

     

     

    SaveyoureadingaverylongclassicCSC

  17. Can someone fill me in, heard snippets on the radio driving home, what has happened to poor sevco today?

  18. Ellboy - I am Neil Lennon, YNWA. on

    Lets just speculate for a minute that Sevco Scotland goes the same way as oldco.

     

     

    How can The New newco, probably with the man with no surname fronting it. Be moraly eligible for a licence?

  19. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    sixoclockatthechapel

     

     

    19:50 on 12 April, 2013

     

     

    The quiet one’s are the worst….hahahahahahahahahahahahaha

  20. SFA now hopelessly exposed here.

     

     

    What a mess Ogilvie et al have made of our game.

  21. skyisalandfill 19:52 on 12 April, 2013

     

    Guys. Does anyone know if tickets for Sundays game can be purchased at the gate so to speak.Me and a mate and his two boys were planning heading down from Elgin but he reckons you can only get breifs from the CFC ticjet office on Saturday.Any advice would be appreciated.

     

     

    I got mine the other day from the TO.

     

    Only behind the goals available.

     

    If you contact them and they allow you to order them over the phone, I’ll go and get them for you and I’ll meet you at Hampden.

     

     

    SPF

  22. I was listening to Snyde, “I know I know” did BFDJ get dragged away or did he fall ill, didn’t hear him speak for about fifty minutes.

     

     

    Fnarg. Hrrmph

     

     

    They did try and talk about golf for a while.

     

     

    HAHAHAHAHHAHHAHAHHHAHAHA

  23. Bfdj…a serious point made about the huns… cue the happy dafty laugh…still he who laughs last…looking like us.

     

    Then again how many more rabbits does ogilvie have in the deep masonic hat?