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Directors bail as court orders served

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Walls are closing in on Dave King with the news that the Takeover Panel were granted a court order to force the Newco chairman to offer to comply with count instructions that he buy out shareholders outside his concert party.  Money for the offer, totalling £11m, has to be in place before it can be made, which is the sticking point.

While all of this MAY be no more than an administrative oversight, Newco have just announced the resignation of two directors: Paul Murray and Barry Scott.  Murray, a director of former Rangers, has been an absolute charm.  How Newco will survive without his Midas Touch is unknown.

Directors of a business are liable for its conduct, have a duty to protect the interests of all shareholders and creditors.  If they fail in this duty, they can be prosecuted.  Paul Murray was a close ally of King, especially during the years the Glib and Shameless one agitated to get control of the club he supported all of its life.  To paraphrase Deepthroat, follow the rats off the ship.

The Newco experiment has failed.  It is a shambles at every level, drowning in toxicity, with regulatory, legal and funding challenges out with its control – and things are not going too well on the field either.

Remember, current custodians and fans groups chased the Easdales (actual benefactors) and one of Europe’s richest men (who loaned Newco five players), out of town.  For what? They knew the money they had.  They knew there would not be a Nomad in place “within 48 hours”.  They were not Fergus McCann-type newbies to football, they knew the resources required to run a football club.

They knew all of this better than you or I, but we were the ones pointing out the blatantly obvious.

Where is the Mea Culpa from those who led the fans?  Who is there left with clean hands?  When will fans be told how bad things actually are (they are very bad, btw)?

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449 Comments

  1. Latest rumour from the most gullible fanny’s sorry fans, is that red bull are bank rolling the Gerard move and £30million for transfers…… I could go on but really, how stupid are these peepel?

     

    Hunbelievable

     

     

    D. :)

  2. The Battered Bunnet

     

     

    That is the stuff. My mum was originally from Hamilton and swore by it. I liked it despite my misgivings about what was in it. Not seen it in years. Wish I could remember the poem my mum used to recite about the shops near her I juust remember. Something about the butcher where :

     

     

    You can get potted haugh

     

    And then next door there’s the Troc.

     

     

    Jimbo67

  3. i'vehadtochangemyname on

    great posts today bhoys (‘can’t wear green boots’ hahahahahah).

  4. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    BIGPACKY

     

     

    Fighting back,mate. Thanks for asking.

     

     

    HH

  5. I remember my auld maw eating something called tripe, a milky fishy thing, no what is coming out Dodgy Daves gub.

     

     

    D. :)

  6. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    SANDMAN

     

     

    You’re a very bad man. In a Dick Emery style…

  7. thomthethim for Oscar OK on

    Dinner ready. I hope it’s no’ bliddy sausages.

     

     

    I hope none of these sausages contain recycled pooch.

  8. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    JIMBO67

     

     

    Google Brawn,it is very similar.

  9. tucobenedito on

    Mahe

     

    The corned beef comes in tins or can be bought sliced. Everyone makes Stovies different though.

     

    White Puddings in batter are great when munchied. Not deep fried though.. Wrap in foil and bake it in oven.

     

    I liked your photos of California.. I have family in San Diego, Carmel Valley, San Jose and Menlo Park. My wife is American from Menlo Park.

     

     

    JNP

     

    When Jim Spence said Fred Ingins he meant Fried onions. That’s how it is pronounced here..Fred Ingins

     

     

     

    Hail Hail

  10. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    DAVID66

     

     

    One of the delicacies my Papa introduced me to. Won’t go into the details on here as I know how much the description can upset people. But,fantastic stuff.

  11. Mahe the Madman on

    WDH,

     

    Have you ever tried white pudding in batter yourself ?

     

    Im afraid no starbucks in my little village but next time Im in the big smoke might try. The mother in law does the daily starbucks drive through on the way to work,,like millions of others. Not even that keen on their coffee personally.

     

    Being a foodie like yourself the States is an unexplored heaven. Its made to eat and drive.

     

    Surrounded by food of all sorts constantly the main question is what type of food.

     

    Mexican has grown on me , and the chinese food here isnt as greasy as there thats for sure.

     

    A good dim sum session is truly wonderful.

     

    I recently seen Baconfest advertised,,the 3 B’s the board said,,Bands,,Bacon, and Beer.

     

    My old Irish mother pointed at the corn dog in one of those trucks,,bit into it and turns to me and says theres a sausage in the middle ! God knows what she thought she was gonna get.

     

    Hope your well and Hail Hail

  12. mike in toronto on

    BP …. Seamus is growing like a weed…. all good here.

     

     

    David66 …. tripe? love it!!! usually a cow’s stomach ….but it can be any ruminant ….in scotland you boil it with onion and potatoes in milk … italians cook it with (what else) tomato sauce …. chinese cook it with turnip …. anyway you cook it, it is delicious.

  13. DAVID66,

     

     

    I was just about to mention tripe. Haven’t had it in a few years. Love it. Just add some potatoes. My Dad preferred it with milk and onions. For me, it is just the tripe boiled in water, with salt and boiled potatoes. Magic.

  14. BMCUWP

     

     

    I mind an episide of Dad’s Army where the prize in a raffle was ‘ a brawn’ and looked it up last time I saw it. Very peppery.

     

     

    Jimbo67

  15. Tripe.

     

     

    Big fave of my late dad. I was never so keen on it .My mum once tried some fancier recipe with it. Worst thing she ever made.

     

     

    Jimbo67

  16. whitedoghunch on

    Mahe

     

    Prefer black pudding supper, perhaps one every couple of years

     

    confit bacon to push the boat out !

  17. Jimmynotpaul on

    It’s been good fun today. Glad I’m not on a diet though. :-)

     

    I should be though.

     

    I’ve being doing my usual resting with you tube on autoplay.

     

    Nobody’s child by The Traveling Wilburys.

     

    Yes that Nobody’s child that old Steak and Kidney and the rest all sung when I was growing up. How did I miss that The Travelling Wilburys had done a version of the old folk song.

     

    A wee shout out to Babasco.

     

    If you are lurking my friend, remember you are not alone.

     

    Hail Hail

  18. Out of curiosity does anybody know what the newly crowned world’s best coach record is with Liverpools under 18’s?

  19. mike in toronto on

    okay … I’ll put this out there … if you mention food, I love it …. except Durian … yuck… and not a big fan of marizpan, cow eyes, marmalade, walnuts (except in walnut pesto), candied fruit, christmas pudding,, thousand year old eggs, and, previously, I would have added sea urchin to the list, but it is growing on me…

  20. Davidopoulos on

    A couple of years ago a guy I worked with and I had a bash at making brawn from scratch – it’s a wonder I still eat meat at all…

  21. FAN-A-TIC

     

     

    Ole EuroChamp67 was telling me yesterday, that although Steven

     

    Gerrard is “a world class coach” © Daily Rainger his record isn’t good.

     

     

    Think he said 3 wins from 10 and won nothing at youth level just like Graeme Murty

     

     

    What a Surprise CSC

  22. BOURNESOUPRECIPE

     

    Strange none of the mssm have highlighted his actual coaching record while wetting their knickers over his potential arrival.

  23. Eurochamps67 on 2nd May 2018 12:58 pm

     

     

    Celtic, on winning the double treble sh

     

     

    Announce their intention to not enter the competition for the Scottish Cup in 2018/19.

     

     

    When asked why they intend to take this course of action,

     

    They should cite the conduct of the SFA officials

     

     

    a) denying a Judicial Inquiry requested by the SPFL, into all the Rangers EBT/liquidation/Sevco debacles and,

     

     

    b) The lack of progress from the Compliance Officer into the Resolution 12 issues.

     

     

    c) The same officials responsible for a and b remain in place continuing the lack of transparency in the SFA.

     

     

    Eurochamps67

     

     

    StrikewhiletheironishotCSC

     

     

    —————————————————————————-

     

     

    At last a fair minded and reasonable sugestion to highlight the shit we are putting up with.

     

     

     

    KEEP THE FAITH

  24. GlassTwoThirdsFull on

    Maybe Paul Murray just wants to spend more time with his hairbrush?

  25. The Battered Bunnet on

    To be fair, youth development isn’t about team results, it’s about producing the odd gem from a group of talented kids. Given Gerrard has been in the job for only 18 months, there’s simply no data to show whether he is any good at it – producing players.

     

     

    Neither is it a particularly good way to develop first team coaches, as the objectives and methods of each role are entirely different.

     

     

    Brendan is a good example: He spent a career (15 years) as a youth coach, and when he got his first gigs as a manager (Watford then Reading) found the going very bumpy.

     

     

    It takes time, years, to learn how to perform in any job, and managing a senior football team is no different.

     

     

    The roads travelled by the top guys today are very similar: Get your badges with a good club; Start in lower divisions as a manager, cut your teeth, learn the profession, and develop your career according to your talent. There are a few exceptions, but none I can think of who have worked their way up the youth ladder.

  26. Steven Gerrard is not a football manager:))

     

     

    Things you won’t read in the SMSM:))

     

     

    I wonder if he reads CQN:))

     

     

    Hi Steven, we’re on your side really:))

     

     

    YNWA

  27. Delaneys Dunky on

    The talk of food on here was making me starving on my journey home from work. Thankfully someone mentioned tripe. Put me off my dinner. Beelzebub’s food that my dad loved cooked in milk and onions. Liver in milk and onions was my favourite treat.

  28. Davidopoulos on

    Is it just me or Steve McMananananananamin slowly morphing into David Hasselhoff?

     

     

    Just me?

     

     

    Ok