With genuine news stories on Rangers breaking several times a day, recriminations for past failures have understandably taken a backseat to current events, although Sir David Murray and Our Hero have experienced a taster of what is to come.
When the buzz of excitement dies down people will start to ask, ‘Whose fault is this awful mess?’ Board-level management at most public companies includes both executive and non-executive directors. The executives, commonly: chief executive, financial director, and others depending on industry, such as: commercial, technical, HR, run the business on a day-to-day basis. Non-executives are there to ensure the business is on the right course and to act as guardians of shareholders’ interests.
Wikipedia gives a useful summary for non-executive responsibility, specifically for: strategy, performance, risk and people.
Risk is the word I would like to draw your attention to here. Wikipedia suggests:
“Non-executive directors should satisfy themselves that financial information is accurate and that financial controls and systems of risk management are robust and defensible”.
Former Rangers non-executive director, Paul Murray, didn’t have any responsibility for team matters. He wasn’t the man charged with preparing accounts. Health and Safety were not his remit. Paul Murray’s duty was to ensure that financial information was accurate and that financial controls and systems of risk management were robust and defensible.
Risk management! This is the guy who yesterday told the media he was keen to setup a rival bid for Rangers. Good grief! It was his job to ask questions of the financial arrangements at the club which other shareholders were unable to ask. He was there to dig deeply enough into these matters to satisfy himself that the executive directors of the club were dealing with financial matters appropriately.
Whether they win the First Tier Tribunal or not, Rangers have already paid a heavy price for this tax issue, responsibility for which rests squarely on the shoulders of the non-executives who enjoyed the prestige of being a Rangers director (I know) but failed to carry out their duties to a standard that protected the club from meltdown.
Give him the job!
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SKY SPORTS NEWS are really giving Whye and agers some stick at the moment.
Even suggesting that with-holding tax returns would likely lead to a jail sentence for you or I,for example.
Is it not about time wee Jum White stepped in and demanded his employers treat his club with the respect and dignity they deserve?
And on that subject,has anyone checked wee Jum is ok at the moment? Getting a wee bit worried about his state of mind.
wheres the divine cardigan
the man with one name
Should read Whyte and Rangers in the first line.
JJ 12.08
Look at what their most up to date Europa League story is too:
“Uefa charges Celtic over banner and fireworks against Udinese” (December 19th).
I thought there were matches in the Europa League last night?
BBC are a bunch of fuds.
Sky tweeting that Whyte has left the country apparently………
Jungle Jim- they can’t deduct the 10 points until Kirsty Wark talks Chico down from the ledge at Pacific Quay.
Reliable voices on Twitter saying there are enough clubs supporting Celtic’s veto of Newco SPL parachute to make it a no-go.
Awe_Naw_No_Annoni_Oan_Anaw_Noo says:
15 February, 2012 at 12:07
greenjedi says:
15 February, 2012 at 12:05
shouldn´t we wait until the FTT presents its findings ?
They may still be not guilty after all
Hail Hail
………
Its bases on a few things happening from BBs post
1. The Huns being found guilty dating back to 99
2. Celtic appealing the awarding of titles and trophies
3. The SFA, SFL & The SPL doing the right thing.
I’m confident of 1 & 2, but 3??????????????
Given Romanov has settled his dues, if the Huns really do get exterminated, does this mean the mini-Huns can be promoted to being the Huns…?
Skinty has done well.
for all you hunterlopers
THE HUNS HAVE ALREADY LOST THE TAX CASE THEY ARE ONLY APPEALING IT AND IF THEY WIN HMRC WILL “appeal and appeal and appeal again”
Oh happy days !!!!
HAil HAil
One thing that still baffles me and I dont understand how it was allowed. The head guy of the newly appointed administrators is in kahoots with Whyte, and helped him through the takeover of Rangers. Surely a conflict of interest or am I missing something ?
Roddybhoy
Declan
Are you Craig whyte’s brother ?
Just a wee HunCH ….ha ha ha
Havingapartywhenthehunsdiex csc
Apologies if posted before, but Jeremy Vine is talking about thems Administration on BBCRadio 2. Hopefullt we’ll get afew good calls from here or the RTC site.
HH
No to Newco
St Martin’s Bhoy, many thanks, and for the link.
LiviBhoy, I do. Busted.
SwanseaBhoy, “Administraion Day Boxing Day” :-)
Ernie, no confirmed info on what money is in the account although that issue is why HMRC moved yesterday. If I know Our Hero as well as I think, I’d be surprised if there was enough to keep the toilet lights on.
Yes, an excellent idea, I’ll get onto the SPL right away.
From Garngad, it is a strange thing.
Steinreignedsupreme, so it is!
Pantaloon Duck, you are very welcome.
St Martin De Porres, I agree with you.
RogueLeader, yes, stunning advice.
If the FTT do find against Ranjurs, I think Walter’s Sirship is definitely not going to happen.
Jungle Jim at 12:08
Aye, that’s been annoying me too.
Their detailed “full table” is updated though:
1 Celtic 26 37 65 11 1 1 27 6 10 1 2 26 10
2 Rangers 26 36 51 9 4 0 26 8 10 0 3 25 7 <
BBC Scotland, grrrrrrrrrrrrrrrrr
Jungle Jim says:
15 February, 2012 at 12:08
Because the BBC are still in the Denial Stage……….
Arthur Daley is in Monaco, or is it Craig Whyte,
I wonder if Dermot Desmond has told PL to put the boot in
I get the feeling Dermot detests the huns as much as he does the scotish media
HECTOR-MURDOCHAULDANDHAY
I’m beginning to think DD hates them as much as we do!
Some interesting tweets suggestion DUFC and Aberdeen both planning a veto of the Newco strategy along with our good selves.
Should read “tweets suggesting”
GOD BLESS HER MAJESTY
S REVENUE AND CUSTOMS
Has this not went European wide yet?
Think of all the teams that the huns used an unfair advantage to send out of Europe.
Well there must be two or three that they drew against at least.
RFC are required to put up a notice on their official website stating that they are in administration and who the administratotors are. It is an offence not to put up th erequired notice.
Still not up…
Anybody surprised?
Craig Whyte has left the country? Was it a one way ticket – and did he have a big suitcase with him? Or maybe a suspicious looking chest?
sixtaeseven: Probably let the web admin team go already.
medtim says:
15 February, 2012 at 12:06
Folks.
A bit of help please (on a subject about to become highly topical I think)
Not so long ago on here there was a fairly lengthy debate on the “rules” if a rangers “newco” was formed after liquidation.
One view was that it was a matter for the 6 man SPL Board alone to consider.
The other view was that the vote on a replacement club for rangers when they go bust would be open to the current other 11 clubs.
Can someone clarify if this debate was finally resolved and,if so,what was the outcome.
Can see the outcome of this being of vital importance soon.
If it’s the 6 man Board,I can see them parachuting straight back in.
If it’s the 11 teams I think at least 2 will scupper it.
Thanks
medtim
Given the posts since I first put this up about Dundee United and Aberdeen voting against “newco” I thought I would resurrect this.
If I remember correctly,Paul67 was of the view it was the 6 man Board alone.
Paul,could you clarify where the debate ended up?
Thanks
medtim
off topic….
I noticed that the development squad are playing huddersfield again today for the second time in a couple weeks. does anyone know if its the first team squad that we’ll be playing against (i.e. jordan rhodes)? and does anyone know any other reason why we would be playing them regularly(as we seem to be doing)? what connections do we have with them?
HH
Has everyone seen the pic of MBB leavin and passing the nothing to declare sign? Peach if ever there was one to go with the jelly and ice cream. Was on twitter earlier
Gordon_J backing Neil Lennon says:
15 February, 2012 at 12:28
Suspicious looking chest ? you do know that DBBIA will be
posting soon?
League Table if league started on 6 Nov 2011
http://twitpic.com/8k8m3f
Mort
Monday,with the threat of administration,was a good start.
Tuesday,with it becoming real,and all sorts of knowledge-hardly revelations to many of us-being made public,was even better.
Now all we need to round this off is for a current or former ref to expose the skullduggery in the huns favour.
Well,I saw a shooting star last night and it would be selfish to ask for a lottery win…..
Speirs on twitter All over Scotland I see people dancing on Rangers’ grave. It is almost like a great cultural revenge for the varied sins of this club.
Have i missed David Murray and RFC being called CHEATS & THIEVES by the MSM yet.
HAIL HAIL
sixtaeseven at 12:27
All official documents will have to say Rangers Plc (In Administration)
Tickets for Ibrox if not printed yet will have this on them. :-)
Mort
That should tell Speirs something