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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My Dear Kojo…..
Did Ye Hear Aboot Yon ‘Potty-Moothed’ Comedian Fae Georgia,USA…..
Who Caused A ‘Ruckus’ At The PFA Awards Dinner This Week….!?
Also Apparently Makes Jokes Aboot The Irish…& The Jews….In His Live Stand-Up Shows….
Cannae See Him Gettin’ An Invite….
Next Time BMCUW & The BarHowlers….
Hiv Anither Wan O’ Their ‘Soirees’……
(But Ah Might Be Totally Wrang…?)
http://www.dailymail.co.uk/news/article-2316441/Reginald-D-Hunter-repeatedly-used-word-n—PFA-awards-2013.html
Still….Laughin’
Saint Stiv, Thank God for the correction, I was wondering what you were on about.
zbyszek,
Have enjoyed reading some of your previous contributions on CQN,
keep on posting and don’t let some of the Twats on here put you off.
Seen one the other day who said something someone posted,was the most
horrendous thing they had ever encountered (or suchlike)
Glad they don’t operate in the real world or they would not last five minutes!
http://www.precious.csc
sipsini
22:42 on 1 May, 2013
Well said paul 67
To much bitching of late.
It’s you’re forum and your rules.
Abide or hide and lurk.HH
SIPSINI
Succinct,and totally accurate,and grateful thanks.
That just about sums up the whole blog in the last ten days or so.
I really wish I had said that-although I might not have made that wee spelling error.
Moon howling time,and I’m allowed to be pedantic,but nevertheless you are spot-on,bud!
BobbyM
You are a bad mhan >}
Stringer Bell
Heard abt Norrie today. Where abouts did he live? I know he worked in the Mint. ML5 man masel.
Offski
Keep it lit
When the Moon Howlers emerge I realise its time to go. Not because I don’t enjoy them but I don’t have the stamina to last the course, When I scroll back in the morning I just love when someone says goodnight about 5.45 and the next ghuy says good morning at 5.46 and neither of them are joking.
CB Bhoys, Norrie who cooked in the mint?
Bhoys and Ghirls,
Goodnight and God bless.
For myself: One final thought for tonight.:- If NFL had lost 7-0 on aggregate to any team would this forum be calling for his head.??
Debating all things Celtic and more is what this is about, Score for today 7.5.
HH, Always in Celtic.
Zbyszek.
you have mail.
My Dear,dear,dear,friend.. The Singing Detectiv..
Pal.. Ah know awe Aboot Potty Mouthed Comedians.
Ah hiv nevah needed tae go doon that Route…
Howevahhhh..
Let me say this…
In a Sorta.. Kinda.. Defense of.. Potty Mouthed Comedians..
And it is this..
There wid Be NO POTTY MOUTHED COMEDIANS.
If
Thur Wur
NAE…
POTTY MINDED
AUDIENCES!
It’s the AUDIENCE.. that .. Moves the Movin’ Finger..
Ye Get a feel .. fur the Types of Audiences..that ye appear afore..and believe me..
Some Audiences.
Deserve awe the Potty Mouthed Jokes that they kin Get!
Redd Foxx, who was a Real .. Potty Mouthed Comedian..tae end.. All Potty Mouthed Comedians…
Howevahhhhh..
Always. Started His Act.. the same way.. in each of his appearances..
He Opened with a Fairly.. Mild.. Off Color Joke
and….He noted the Response to it from his Audience.
As tae Wether ..It is wis. Insipid and weak.. or… If It wiz.. Uproarious and Noisy…
He then.. Told Them..
“Noo , Ah know .. Exactly whit You Folks Kin Handle… so Ah wull
Tailor Ma Jokes.. accordingly..
And..
He Did.
Smart Man.. Ah Luvved Him.. And Ah miss Him.
Anywey..
How aboot those Youngsters of OOrs..???
Didnae Ah tell ye..
Atajic.. wiz a Brammer in waiting..?
n
How aboot..
Young Denny, didn’t he .. Mak his Presence Felt wi a Bang?
Yep
We are well.. set.. fur .. Able Strikers.. so we are..
In a Few Years.. we wull be able tae Hiv a Cadre of Home Grown Wans In the First Team.
If..that is.. If the Coo disnae Dr up.. or the Crik disnae.. Flood!
Nice Chatting/
Kojo
Yer pal…who likes ye aloater.
Still..Laughin.
TSD
One of the regulars on this site with whose opinions I regularly disagree is KEVJ
He was cordially invited along to the hootenanny but could not make it for family reasons,as was the case with many others.
Disagreements are not to be used as a reason for exclusion,few people share all my opinions,and few people share all of anyone else’s opinions.
The offer is open to you as much as it is open to all on here,which is that we had a smashing day on Saturday,and all are welcome for the next one.
Simply let me know when you are available,and I will sort the arrangements.
As was the case with all-and I do mean all- on Saturday,it will be a pleasure to meet you.
Gotta Go… Mo
Seeya
Kojo
Still…Laughin’
GREENPINATA
Did you catch my reply about The Winton?
Mad town,this.
Few beers earlier in non-Celtic company.
Not changed much,but fortunately I am used to it.
Always got an answer.
Usually involves a few effs,mind.
A mindset which will absolutely never change.
God Bless Pablophanque
My Dear Kojo….
Good Tae See That We Are Signing Young Players With An Adequate Physique….
For The Modern Game……
No Teams Of Tricky 5’5″ Midgets….
Who Can Get Brushed Aff The Ba’…..
When They Reach First Team Level…..
We Need Physique And Athleticism….
Allied To Natural Skill And The Right Attitude…..
In Oor New Recruits For BoysToon….
The Likes Of Jinky And Messi Are Few And Far Between….
Short In Stature,Hard As Nails….
Brave As A Lion…..
And (Virtually)…..Indestructable….
I Do Wonder If It Was Willie McStay’s Persistence In Signing Up The All The Wee Guys……
As Had Been The Traditional Policy….
That Led To His Replacement As Coach…
Well done young hoops tonight.
And as no one else seems to have noticed, well done John Kennedy an Stevie Frail. I hope CFC are rewarding these guys with £££££ an not just a pat on the back. These 2 are ones to watch, an I bet plenty already are. HH
Zbyszek
22:39
We spoke some time ago about the Warsaw ghetto,about the plight of the Jewish people
and the Allied response,or lack of same.
Your obvious concern and sympathy for the Jewish population shone through.
You have no need to prove anything to anybody.:-)
Hail Hail
I haven’t been on much lately and missed Pablophangues anniversary.It doesn’t seem two years since passed on.I miss him still.my thoughts are with his family at this time.
A final wee thought for PABLOPHANQUE,or SR,a fella who it seems I would have had a rerr terr with.
http://m.youtube.com/watch?v=ljnv3KGtcyI&desktop_uri=%2Fwatch%3Fv%
Not missed,just remembered.
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS ..
I’m really sorry I missed out on meeting you. I hope to be at the last game of the season and if your going. I’ll meet up with you.
OLDTIM67
Hope you are getting over that lung infection-sorry,I canny spell pneumonia.
Missed a good day.
Still a blank to me too,largely!
Petrovschef
Aye, mate, Norrie from The Mint. Tragic.
OLDTIM67
No,mate. Doubtful if I will be back till about October,but you and my Dad can compare ailments about then!
Last game,11th May,I am hoping to have a wee sesh organised in Bristol.
Loadsa trains that I can miss from there…..
Are you keeping a bit better at the moment?
Zbyszek:
I wish you would go on a long holiday in the sun.
ps I have a spare bedroom. The sun however is at God’s discretion but generally he is quite generous in that particular department.
You won’t want for beer or wine but bring your own music unless you’re happy with the rebel songs and the massed pipe bands.
You keep the chin up mate and keep the faith.
DICK BYRNE
Nice to see you back-I’ll leave you in charge of the moonhowlers shift.
Bed for me,busy day ahead.
I have a day of keeping my Mum sweet.
No easy task,and thirty years too late!
KITALBA
Good to have you back,and congrats on the 125.
Days.
I doubt I could have lasted 125 minutes unless I was asleep or working.
So that is a hail,hail,hello,welcome back,and goodnight all in one go!
kitalba
Great to see you back on the blog.
I pray that SFTB has a rethink and gets back to posting.
Quality posters are what the blog needs.
But I suppose it’s all about hits <{
HH
Kit
Well,hullawrerr.
Nite Timland.
HH and KTF
Man never landed on the moon BTW, never been close to it, but, never let a good lie get in the way of the truth, as for the 9/11 thing, dearie me, it was all them bad Muslims, aye right.
And the huns are still the huns, sad to say, that is a FACT.
ConspiracytheoriesrusCSC
Zbyszek ,
As I was reading your post about Pablo’s anniversary this morning THIS was playing on the radio…spooky …in a good way :O).
sannabhoy, anybody crazy enough to jump off a platform from 170 feet with an elastic band roon their ankle for a worthy cause deserves all the support they can get.
Make certain your elastic band is not 170 feet long bro, I’d suggest something a helluva lot shorteri:-).
ACGR’s donation will be made tomorrow.
Hail Hail
Twomacaroons ,
Pedro Lawwell will pay John Kennedy and Stevie Frail the bare minimum. That’s his style as nothing will stand in the way of his bonus.
I would not be surprised if either walked despite their loyalty to Celtic.
I hear John Parks is suitably compensated with a sizeable bonus for identifying bona fide first team diamonds ( incl Gary Hooper who Lenny proclaimed several times as his signing as a not too subtle hint for monetary reward ).
Celtics strategy is the correct one ; I just hope Lawwells penny pinching undermines it’s success.
http://www.celltech.com.au/images/truck%20500.jpg
Does this firm belong to any of our Aussie Tims?
Its a company who specialise in building cell blocks ( Jails to us )
HH
Oh look. A picture of our hero with DD. Beware the unseen hand
weeminger
Who is on the left of the great DD ?
Or his right