ECA, Interpol, another day at the office for Scottish football

Pleased to see the Club recognised for CelticLive, the stadium WiFi and content imitative by the European Club Association.  Anything which builds our profile at the ECA is welcome.

Today’s Telegraph assures us Newco Rangers chief executive, Graham Wallace, is set to  leave the club with his plans to raise £4m at a pending share issue still in the balance.  The newspaper further asserts the club is a “toxic brand” and is trying to secure an emergency loan from Newcastle United owner, Mike Ashley.

The club, which informed the Court of Session on Friday that it had only £1.2m cash left, and last night informed the Telegraph it was losing £1m per month, requires vastly more money than the £4m they are struggling to raise in order to finish the season.

Some credit is due to the Daily Record for their splash with photo and leader, “Rangers director Sandy Easdale and a criminal wanted by Interpol tried to negotiate an Ibrox bailout yesterday”.  They are reporting two years after Paul McConville’s blog initially broke the news of said Interpol-interested character, Rafat Rizvi.

Rizvi, who can take refuge in the UK as we don’t have an extradition treaty with Indonesia, is allegedly wanted for corruption, money laundering and banking crime, denies the charges, which he has already been convicted of.  He should fit in quite well.

As we said at the weekend, irrespective of short-term events, the long-term fundamentals remain unchanged.  The only thing to be decided is which of the characters hovering around the carcase will get to pick on the bones.

All credit to Sir David Murray.

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