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) Alan McInally
2) Pierre
3) Robbie Keane
4) Gravesen
5) Di Canio
6) TKOK
7) Chris Sutton
8) Roy Keane
9) Tony Cascarino – who unbelievably has played for 5 (yes FIVE) previous winners!!
10) Paul Lambert
oops – no you haven’t
http://www.bbc.co.uk/news/uk-scotland-glasgow-west-22366285
Dalmarnock re-opens close to Celtic park
Ok Gravesen. Don’t do it again.
clunks
13:34 on
2 May, 2013
1) Alan McInally
2) Pierre
3) Robbie Keane
4) Gravesen
5) Di Canio
6) TKOK
7) Chris Sutton
8) Roy Keane
9) Tony Cascarino – who unbelievably has played for 5 (yes FIVE) previous winners!!
10) Paul Lambert
Paul only played for 2 – us and dortmund
lambert?phyllis
Yee-hah! Just ordered my season ticket over the phone (it only took about 5 mins) and now I’m feeling epic.
I’m more enthusiastic about next season than I was about this one for some strange reason. This has been a strange season without Them but I was glad we did not have to play them. I think it will take time for us to fully adjust to their absence because we have been conditioned to the OF for a long time. In my case for the past 50 years of supporting Celtic. I am glad that the OF no longer exists.
Dion Dublin
butsybhoy 13:01 on 2 May, 2013……….
Skiving again???????
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS 13:26 on 2 May, 2013………….
Wonderful innit!!!!!!!!
TBM
southside
Ha, indeed, what a tragedy that would have been.
Mort
1) Alan McInally
2) Pierre
3) Robbie Keane
4) Gravesen
5) Di Canio
6) TKOK
7) Chris Sutton
8) Roy Keane
9) Tony Cascarino – who unbelievably has played for 5 (yes FIVE) previous winners!!
10) Dion Dublin – well done to GlassTwoThirdsFull !!
Woohoo, got 1000th. That’s better than a podium.
Mort
Sad story reported on BBC Sport.
Goalkeeper of AIK (Sweden) was found dead at the age of just 32
http://www.bbc.co.uk/sport/0/football/22382633
RIP
1) Alan McInally
2) Pierre
3) Robbie Keane
4) Gravesen
5) Di Canio
6) TKOK
7) Chris Sutton
8) Roy Keane
9) Tony Cascarino – who unbelievably has played for 5 (yes FIVE) previous winners!!
10) Dion Dublin – well done to GlassTwoThirdsFull !!
11) Stephane Henchoz
Test
thebarcamole
13:23 on 2 May, 2013
…..and God Bless you…..I’m the same….hahahahahahahaha
Gregory Ioannidis @LawTop20 2m Greek Media report today that Celtic are interested in PAOK FC’s Liam Lawrence!
Mort @ 13:26,
“Think we should have stuck with him…”
Indeed, then there wouldn’t be that 9iar.
Hail! Hail!
add_filter(‘the_content’,’hightlight_the_paragraphs’);
function hightlight_the_paragraphs($output) {
if(!is_page()) :
$output = str_replace(”,”,$output);
$output = str_replace(”,”,$output);
endif;
return $output;
} Test again
Damn
Change browser…
dmacb88
13:47 on
2 May, 2013
1) Alan McInally
2) Pierre
3) Robbie Keane
4) Gravesen
5) Di Canio
6) TKOK
7) Chris Sutton
8) Roy Keane
9) Tony Cascarino – who unbelievably has played for 5 (yes FIVE) previous winners!!
10) Dion Dublin – well done to GlassTwoThirdsFull !!
11) Stephane Henchoz
We now have a full 11 starting line up.
so were playing with no keeper.
1 defender
2 midfielders
1 attacking midfielder
7 strikers
dont know how many goals we’ll ship but i think we’ll manage to get a few too! :o)
67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors 13:48 on 2 May, 2013………
Thank you……… Why is it though???????? :)
TBM
Evander Sno ???
Lee(elbows) mcluggoch says lifting silver as captain of berrs a childhood dream.
……………..
Same here ,I used to idle away the hours dreaming of the hoops lifting the 3rd division trophy.
think pauls waiting on herts goin booom before he posts or is it o.g’s story??
hen1rik
I’m catching up with CQN and i’ve only just come to your link re Jill Dando this morning. That was shocking – I made the mistake of following that link and the further links therein. I can’t believe it nor can I believe you posted something like that here on CQN.
Sorry to pollute the blog with tales from the darkside, but my attention has been drawn to one of their latest threads. Cannae stop laughing……
G.C.C. – I Have contacted the GCC regarding the school in front of parkhead football ground asking why the gates are left open every home game for directors to park there cars inside C.F.C dont own the the school grounds so why is it left open I also emailed regarding no bus lane cameras on the gallowgate yet there is one on duke between the bristol and the louden i mentioned is it because ceptic fans use the gallowgate so you cant put a camera there i have had no reply the email regarding the school i have had three different replies just passing the buck this council is pure corrupt.
Proof positive that Unemployment is a terrible thing, is it not…..
NEW Article
Cascarino’s 5? Celtic, Marseille, Chelsea, Aston Villa.
Who’s the 5th?
Tony cas 5?
Villa Celtic Chelsea marseille.
Who else
FOUR of Celtic’s title-winning squad have been included in the Scottish Professional Football Association’s SPL Team of the Season.
Adam Matthews, Kelvin Wilson, Charlie Mulgrew and Victor Wanyama are all included in the team, which was selected from votes by SPL players.
The full PFA Scotand’s SPL team of the season is:
Darren Randolph (Motherwell)
ADAM MATTHEWS
Shaun Hutchison (Motherwell)
KELVIN WILSON
CHARLIE MULGREW
Nicky Law (Motherwell
VICTOR WANYAMA
Andrew Shinnie (Inverness CT)
Niall McGinn (Aberdeen)
Michael Higdon (Motherwell)
Leigh Griffiths (Hibernian)
No Celtic strikers in team of the year. Baffling?
Tandolph before Forster? Madness?
LB
Yeah! That’s two of us wanting to know. Who’s the mysterious 5th?>
———————
not posted.
—————————–
yet.
LatelunchdesperadobaitingCSC ;)
hoopsmon 14:02 on 2 May, 2013
“Proof positive that Unemployment is a terrible thing, is it not…..”
Surely it’s proof positive that stupidity is a terrible thing.
Henrik also had 4
67Heaven, BMCUW,………
Dunno, it’s daft but it’s like seeing your kids graduate or scoring the winning goal in the Junior Cup Final…………..Naw, no like that, not as self reflecting but still……….
Really is a strange feeling……… I know, I’m crackers!!!!!!!!!!!
And hey, butsybhoy before you ask , no I’m not on the vino………….
Nowellyouknow………
TBM
Red star belgrade