Expectations from QC report

1044

There appears to be a degree of confusion over the report Rangers International FC PLC have commissioned into the conduct of its directors.  This report resulted from the revelation that Craig Whyte was a director of Sevco 5088 Ltd, the company which paid for exclusivity rights and had an irrevocable agreement to buy the assets from Rangers administrators, Duff and Phelps.  Several RIFC directors were unaware of links between Whyte and Sevco 5088 and were so concerned they demanded this independent inquiry.

In short, the board need to know if information given to them by fellow director, Charles Green, is wholly correct and reliable.  Another PLC has also told the stock market they have made a report to the Serious Fraud Office, for a company director, this cannot get more serious.

The report is unlikely to come to any hard conclusions as to the legal status of assets like Ibrox Stadium, that is a matter the courts could later take a different view of, or of the club’s entitlement to associate membership of the SFA, which will be a matter for Mr Ogilvie and his board.  It will more likely do little more than inform the RIFC board if they have reasons for alarm.

On becoming aware of a potential serious corporate matter directors must take steps to confirm any disputed information, consider potential consequences for the company and correct any stock market announcements which were subsequently found to be inaccurate.  This is the road the RIFC board have gone down.

If the report indicates that the courts are unlikely to rule that Sevco 5088 Ltd can be considered a part of RIFC group, and that its entitlement was inappropriately assumed by Sevco Scotland Ltd (now The Rangers Football Club Ltd), the directors will then, and only then, have enough information to decide if some of their worst fears will be realised.

If Mr Green found his grilling by STV difficult, he will find the forensic accountants and lawyers no less taxing.  In answer to their questions I wonder if he’ll say, “Define Craig Whyte”.
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  1. The King Vic 67

     

    This is from Golfbidder ( Google it) today:

     

     

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  2. 'crushed nuts?' 'Naw, Layringitis!' on

    squire danaher

     

     

    21:49 on 1 May, 2013

     

    Sky pundits talking about Bayern wingers Robben & Ribery working like dogs for the team and tracking back to help their full backs.

     

    >>>>>>>

     

    Have sky punheids mentioned how Robben couldn’t cut it in the premiership? :-)

  3. Gene's a Bhoy's name on

    Celticrollercoaster

     

    Was on jury duty a couple of years ago – what a farce -didn’t even get into court – there were 3 no shows -skipped bail. Runs at a snails pace. A waste of taxpayers money from top to bottom

  4. KV 67

     

    Spend some of the money on a set of lessons most pros do 4 for the price of 3 that would be about £75, then get shafts that suit your swingspeed and clubhead speed , in short if they swing like a stretcher they are too firm you would need something with more flex, and good luck

  5. squire danaher on

    clink\o/ 21:57

     

     

    I was bold enough to suggest last week after the first legs that the torch has indeed been passed

     

     

    Bayern out-Barca’d Barca tonight – Barca can’t compete physically with teams like Bayern who have physical strength and tactical organisation

     

     

    Real Madrid exposed at this level as a one trick pony and Ronaldo will leave when Mourinho goes

     

     

    VorsprungDurchTechnik CSC

  6. Since Monday whenever i try to get onto CQN on my samsung phone i get the error message.. ‘Connection problem the page contains too many server redirects’

     

     

     

    Anyone any ideas why this is the case and how do i fix it?

     

     

     

    Iv been reduced to talkin to and interacting with actual human beings during my lunch break at work now. Please help

     

     

    B-)

  7. Looking forward to my receiving my two tickets for the CL final at Wembley. Next year I hope to be going to Lisbon to watch Lenny’s Lions!

  8. Bhoylo83

     

     

     

    22:09 on

     

     

    1 May, 2013

     

     

    I got this when using my phone last night. I just went to Google and typed in CQN and accessed from there.

  9. The Boy Jinky on

    King vic

     

     

    Are you sure your from penilee

     

     

    Two of you go up to the farm. One stands in the tottie field… the other beside the hedge. Wait for duffer to cut one into the field… your mate grabs the ball then taunts happy gilmour( pyt yabazza).. happy gives chase… you nick his clubs … simples :)

  10. bhoylo

     

    type 109.228.19.152 into google that will take you to cqn..

     

     

    I use a Samsung.

  11. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    Where are you, BDO ….. come out, come out, wherever you are…….your silence is a world record….

  12. fanadpatriot on

    Am I the only one who doesn’t get excited by the under 20s winning a cup.IMO guys at 18plus should be getting experience at first team level or should be loaned out to play 1st

     

    /2nd division football.They will learn nothing playing youth football IMHO.

  13. Kojo,

     

     

    Interesting comments on what is required of young players in order to break through.

     

     

    I agree with you totally on that.

     

     

    Furthermore, so do Celtic, as that is one of the facets of Jim Mc.Guinness’ job at Celtic Park.

     

     

    He has to assess the youths’ attitude regarding all things that it takes to make a top player and inform Neil Lennon on which players he can “trust” and those whom he cannot.

     

     

    If he gets that right, then we should see more players develop.

  14. Thanks lads thats done the trick now i have a lot of reading back to do…

     

     

    Back to lurkin!!

     

     

    HH

     

     

     

    B-)

  15. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    what’s ios6?……apparently, I need it to update the weather channel app…..!!???

  16. *THE KING VIC 67*

     

     

    As others have said, 2nd hand the way to go.

     

     

    You can get some real bargins, I got a set of Pings for 75 euros, as good as new, a tenth of the new price.

  17. the bould bhoys on

    Tonights Mastermind–

     

    Which team played their first league game in Scotlands 3rd division last year?

     

     

     

    Mon the Humphreys

  18. Celtic_First on

    “Define ‘slave labour’?”

     

     

    Shopper in Primark, asked on Radio 4 about Pope Francis complaining about how poorly paid the factory workers in Bangladesh were.

     

     

    Charles Green’s influence is more widespread than we think.

  19. thomthetim

     

     

    More than a few players from Jock Stein’s era actually played Junior Football before graduating, and as you know there were a lot of good teams, and good players at that level, in those days. Not suggesting that route is still there, but we would surely all agree that too few young players are failing to make the step up to be professionals and even when they do there are questions about their application and attitude to their footballing careers. Too many to mention, and not just Celtic players that is for sure.

  20. Had to an: “aff oot” only to come back and find it ended 0-3. :-(

     

     

    That’s the old come back 4/1 double (2 or more goals) up in the air – kind of thought it was on a shakey nail after Real scraped a late 2-0 win last night – back to the drawing board for me.

     

     

    Will be interesting to see what ‘crazy’ prices will be offered for Bundesliga players by EPL sides this summer.

     

     

    Maybe Barca will have a clear-out and we pick up a bargain? :-)

  21. The King Vic 67.

     

     

    If your just taking up golf for the first time, try a charity shop first you get some good buys in golf clubs.I wouldn’t spend £250 if it’s your first golfing experience,a few duff shots can make you give it pretty quick.If you had been left handed I could have fixed you up with a set of golf clubs,Talking about charity shops,I bought two ping woods for a £1 each,that was last year,so there are b argains out there.

  22. Michael, it is up to each user if they want to leave their proper name on CQN. If you want to ‘out’ anyone, be a big boy and leave them your own contact details first, I am sure they will be keen to know who is showing an interest in them.

     

     

    Note to all:

     

     

    It’s been four years since we had a conversation about the rules of the blog. Conduct is more than acceptable, so it has not been necessary to repeat or even publish the rules since. So a gentle reminder:

     

     

    CQN is not a platform to hurl abuse at other users. Write something that is likely to result in an unpleasant confrontation face to face, and your comment will be removed.

     

     

    Bhoylo83, I’m on the case. In the meantime, if you put the www in front of celticquicknews.co.uk you should get here.

  23. It’s my second post for at least one month. First one today was for passed friend.

     

    For that time I only read some of the comments posted on 28th and today. The posters who are here longer know why these dates.

     

    It’s probably only one post, the one that I owe my friend Setting Free The Bears.

     

    Ntassoolla

     

     

    You are bitter arrogant. When it was about me I kept my mouth closed but I just learned that SFTB is not posting anymore, then I read couple of your posts where you mentioned SFTB. I’m writing about your post with “purgatory” word and about post with SFTB’s proxy. Another few interesting comments I found in the article from 23 rd of April. Why you have that much to say about SFTB ?

     

    Some time back after one of your posts I said that you were not funny and that what you wrote was one of the stupidest things I have ever read on this blog. I was speaking about timing of your post and about it’s content. After that you wanted to have a word with me. When the occasion came, you attacked me for using the term the Jew and suggested I was anti-Semite. You said : Referring to “The Jew” is not acceptable on here. So? Where is that “here”? In Scotland? In UK? On this blog? In your house?

     

    If “here” is the blog then I was never ever been accused of anti-Semite. Can say more. My English is not good. My grammar is very poor but been here since 2006 and I have never been ridiculed for my English, or accused for using terms that are acceptable in here that is Poland, but not correct in UK.

     

    In one of your posts from few days back you said : “STFB I found out on here that the Millibands are Jewish.

     

    I’ll “call out’ anyone who seeks to draw negative inferences based on that. “

     

    I guess that was about me. Good man, really? You must think you are, but where was my negative inference based on that in my post?

     

    Why I say that?

     

    It’s probably too many keyboard heroes and fighters here these days, Ntassoolla. Here, I mean on this blog.

     

    Why I said I owed this post to my friend SFTB? When I was attacked by you, SFTB stood by me and wrote in his post: “Never ever let concern about your mastery of the nuances of English, stop you from expressing your thoughts on this site.

     

    There are enough intolerant nutters appearing without us losing the best of our site.”

     

    It looks like SFTB was wrong at that time. First you took revenge on me, now you keep reffering to SFTB, found good occasion to take revenge on my friend.

     

    Ntassoolla

     

    Did you find anti-Semite? You know you did not but why I should take a risk and post something when there can be somebody like you replying to me and making remarks like last time? Ahh, the mastery of the nuances of English. I see it’s too hard for me to learn them. I doubt I will reply to you if you again want to have a word with me. If I decide to write reply to you I will do it in Polish, or maybe in Russian or German. I leave the choice of the language for you.

     

    There is very easy question to answer: should I be here when my friend is not here and attacked by the nutter ?

     

    You were wrong SFTB in your post directed to me.

     

    Please do not refer to my post.

  24. Marrakesh Express on

    Oldco still in the record books for a big cup semi defeat, just.

     

    12:4 v Eintracht Frankfurt 1960.

     

    Sits nicely alongside their other record…..7:1, biggest British major cup final loss.

     

     

    Hh

  25. Clashcitybhoy on

    CRC

     

    Did the same myself late last year.

     

    I was appalled at the waste of public funds.

     

    The wigs spent most of the time pontificating, with no apparent appreciation of the costs to individuals or their employers.

     

    I have no idea what the solution is, but there must be a smarter way that delivers justice for all, and diverts resources to job creation, healthcare, schools and preventing problems arising

     

     

    All

     

    John Kennedy – future Celtic manager , possibly next Celtic manager ?

     

    Thoughts ?

  26. Paul67 – well said. No doubt you will receive a few…………………..

     

     

    Hear! Hears!

     

     

    Rhubarb! Rhubarbs!

     

     

    ………….. and a few – who me’s??

     

     

    :-)

  27. Well said paul 67

     

     

    To much bitching of late.

     

    It’s you’re forum and your rules.

     

    Abide or hide and lurk.HH

  28. Celtic_First on

    Zbyszek

     

    22:39

     

     

    You are held in very high regard by this community. You can tell by the way almost everyone on CQN communicates with you. You do not have to worry that the people who have conversed with you since 2006 would think of you as anti-Semitic. We know you are a good person.

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