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. kevinlasvegas on

    LOL. I havn’t said much with the Evil dead 2, Dead by May. But Really after this are we going to have “third time Lucky” tribe? or an Army of Darkness? anyway. There must be a movie in all this somewhere, Pity Marty feldman is dead for our hero.

     

     

    KLV

  2. petec

     

     

    Likewise amigo – laughed there. Several naughty non-messiahs here :))

     

     

    Jimbo,

     

     

    Regan must surely regret getting involved in this. Genuinely duped I’d expect. RCO is the funny one. He MUST be the big cheese what wears the giant goat’s heid and polished chaps while reading out weekly instructions to the rest, including Bawface, Minty and Jabba. That’ll be why he’s the only one we’ve all been too scared to nickname. He’s the head anunaki honcho for Scotland :))

  3. prestonpans bhoys on

    OK here we go quiz night from Prestonpans

     

     

    Q1 How many goals did Brian McClair score for Celtic?

  4. I’d be happier with the Sevco situation if I had any confidence that the SFA would deal with them according to due process of law…

     

     

    No doubt the great Scottish Institution will need to be saved again …..all for the benefit of the poor fans ……sickening

  5. The the the the rangers saga is akin to those wee Russian dolls, you strip one off and there’s another one underneath.

  6. prestonpans bhoys on

    Q2 Which two bhoys missed in the penalty shoot out against Aberdeen in the 1990 SFA Cup final?

  7. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    ….pfayr

     

     

    21:08 on 12 April, 2013

     

     

    BDO are going to seize the assets…….no doubt about it ……… it’s the only way forward legally, and from a business (Liquidation) perspective………!!!!!!!!!

  8. Che

     

    21:08 on

     

    12 April, 2013

     

    The the the the rangers saga is akin to those wee Russian dolls, you strip one off and there’s another one underneath.

     

     

    Indeid. They Russian dolls are full of themselves as well….

  9. taranis

     

     

    19:14 on

     

    12 April, 2013

     

    Googybhoy, the Tullie has really changed since the renovation. There are very few young uns in, no sky sports, no live bands etc. but did I mention the free beer ?

     

     

     

     

    Meet you in there next time I am up the road.

  10. Che

     

    21:08 on

     

    12 April, 2013

     

    The the the the rangers saga is akin to those wee Russian dolls, you strip one off and there’s another one underneath.

     

     

     

    More like bad gremlins except uglier and more evil.

  11. prestonpans bhoys on

    small race tonight

     

     

    The Spirit of Arthur Lee 3

     

    The Boy Jinky 3

     

    channelislandcelt 2

     

    jimbo67 2

     

    charles kickham 1

  12. 67 Heaven…

     

     

    That would actually be pretty funny. And then you read the comments. Nitwits

     

     

     

    Jimbo