Scottish clubs are now subject to Uefa Licensing and Financial Fair Play Regulations which insist club’s pay creditors in a timely manner or become subject to sanctions. These pesky rules should prevent debts reaching a maturity of more than six months old and becoming subject of a Winding-up Order. I am sure old Heavily Conflicted, also known as the SFA president, will have sprung into action on hearing recent news.
The Rangers yesterday issued a short statement following Channel 4’s story that Orlit Enterprise threatened a Winding-Up Order, insisting, “Rangers Football Club is capable of meeting any debts presented legitimately and we would like to stress to our supporters there is no threat to the Club whatsoever”. They really need to stay on-message… football clubs are never threatened; it’s only the Company which can be liquidated! Apparently.
I hear Charles Green is on an international bucket collection, Dubai and then onto Australia. Meanwhile, it is crucial no one disturbs his important work. When you think of the people who could have taken ownership of Ibrox last year, he has been absolutely perfect.
On other matters……..
The new edition of CQN Magazine is out and available for your consumption. Written by and for Celtic fans, it is another Celtic joy!
I’m also delighted to report we have been seriously diss’ed by the Italians ahead of Tuesday’s Champions League game. Notes for the dressing room wall coming up soon!
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Yogiy-ditto Steven Whittaker.
!!Bada Bing!!
….when found guilty, shurely?
yogiy – nice to hear that mate, fair play to the man.
Celtic Mac – hehehe.
HH
What a scum of a club .. Screwing everyone in their path ( is that language ok fholks?!)
Pay your dues!!!
HH
Kayal33
I think he meant ,Gothenburg for it’s’ stunned ‘ women.As in “those ff pigs have let themselves go”
Bada bing …
Seems lie another attempt by the authorities to accommodate the Huns
If they’re guilty ….they should lose all the titles and cups …
from zombie media
some of chuckles fables to supporters in perth, australia
1. He’s sent a letter to the prime minister over issues regarding the club.
2.kit deal has or will be signed today with manufacturers and sponsors, can’t disclose info for maximum impact.
3.At ECA meeting sat around table with AC Milan, lazio and juve. Juve chief asking is everything we read about your club true, green replies depends were you read it!! Auchenhowie will be available for use for juve during their stay in Glasgow(not sure if joking or not ha ha).
4. Talks are ongoing and nearly confirmed for a pre season game at ibrox against Arsenal where Arsenal will hand back the sold shares,,, absolute class if true!!
Seen On TSFM Greensbeans :))
What Greens telling the Aussies.
From KDS:
1. He’s sent a letter to the prime minister over issues regarding the club.
2.kit deal has or will be signed today with manufacturers and sponsors, can’t disclose info for maximum impact.
3.At ECA meeting sat around table with AC Milan, lazio and juve. Juve chief asking is everything we read about your club true, green replies depends were you read it!! Auchenhowie will be available for use for juve during their stay in Glasgow(not sure if joking or not ha ha).
4. Talks are ongoing and nearly confirmed for a pre season game at ibrox against Arsenal where Arsenal will hand back the sold shares,,, absolute class if true!!
There’s the stutter again :))
So Charlie is going to get their 3-year European “ban” overturned? And how exactly will they qualify? Did he not see the cup game on Saturday?
@AngelaHaggerty how come a WUO can be served on “Hearts” or “Kilmarnock” but never the company that runs them? mmmm ….
At ECA meeting sat around table with AC Milan, lazio and juve.
Maybe Juve will tell him about how they were demoted after cheating…..
Re earlier post about Steven Whittaker, just shows what a few months away from the theatre of hate can do for you.
celtic mac
Thought the same, why dont the zombies just buy it back debt free.
“The Rangers” are NOT banned from European compentition. In fact, they are not eligible for european competition as the club cannot produce 3 years of Audited accounts.
The reason why the club cannot produce 3 years of audited accounts is because they are a new club.
When the club has been in existance for 3 seasons, they should be able to prodice audited accounts for 3 seasons, and become eligible for european competition (subject to qualification).
Is tiss the sound of some pennies dropping on DEADclub media
kelvd1873, on 07 February 2013 – 02:26 PM, said:
Straight from the horses mouth at Perth WA meeting, Mr Charles green said,,,,
This issue is over a investor advisor who reckons he is owed more than the usual 5 to 7% because our floatation has been so successful. After negotiations there is an agreed amount to be paid!! As usual nothing to it!!
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REPLY
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That does not sound feasible though.
The advisor would only be able to progress a winding up order if he had a legal claim for more than 7%. The contract would have had a % written into it, which would be pretty obvious. You cant just wind a company up because you think that they should give you more out of the goodness of their hearts.
Anyway, if the scheme was successful, then he would have got 7% of a larger amount, giving him a better return.
Not saying its not true, just seems a little odd.
——————
BBC claiming that no agreement has been reached now. So either BBC & Channel 4 are lying, or something isn’t right.
If nothing else, the longer this festers the more it will affect the share price. Some proper clarification and not some “unworthy of comment” brush off wouldn’t go amiss.
Auldheid,
No letting it lie:o)
It was thommos show, he chaired the discussion and allowed misinformation to be aired unquestioned, he is responsible for what he broadcasts and in this case he broadcast unquestioned misinformation. As a respected journalist he must surely consider it his duty to ensure all information proffered on his show is properly scrutinised and questioned ?
glasstwothirdsfull
15:06
They’re forgetting the ‘A’ factor.
I mean, not even the chip shop cup.
Long may it continue.
Maybe the advisor is basing his commission on the quoted £22m they were boasting about rather than the £9m which may be closer to reality.
From Rex Kramer on KDS: http://t.co/cvPcTkuU
I think Thommo is playing them like a big salmon.
He is paying out a bit of slack here as it is his first webcast and he can’t be seen to be too hard on them.
But they have pissed him off by trying to intimidate him and he will nail their sorry carcasses to the floor IMHO of course.
Thommo has been excellent and will get to the bottom of the whole stinking mess whilst others wouldn’t have bothered.
pfayr,philbhoy-Got to be the minimum punishment when they found guilty,can’t be any less.
corsica1968@corsica1968
Just a thought; can BDO attempt to block any WUO against Sevco o grounds of possible gratuitous alienation?
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23mNowoldandgrumpy@Nowoldandgrumpy
@corsica1968 If the debt is for getting investors for Chuckie, why does the club owe the money?
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15mcorsica1968@corsica1968
@Nowoldandgrumpy Cos its rolled up in loan from CG to Sevco which is being repaid with interest, etc. Mind that initial £8.5m loan at 15%?
Nowoldandgrumpy@Nowoldandgrumpy
@corsica1968 So in order to buy the assets of the club from the administrators he increases the debt of the club he is buying the assets off
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6m corsica1968@corsica1968
@Nowoldandgrumpy Correct, you have just passed your spiv exam. Welcome to spivvery. Just remember, 25% of all profits are owed to me
Laptop Loyal bringing you yesterdays CQN News today…
The company which runs Rangers Football Club faces the prospect of a winding-up order over an unpaid bill, despite denials from the club.
BBC Scotland understands no agreement has been reached between Rangers and a Singapore based company, Orlit Enterprises.
That is despite a spokesperson for Rangers saying a deal had been reached subject to paperwork.
It is thought two disputed bills amount to around £400,000.
BBC Scotland understands Orlit Enterprises are investigating the possibility of raising a winding up order against the company which currently runs Rangers within the next seven to 10 days, if the dispute continues.
Orlit Enterprises is run by the Singapore-based businessman Chan Fook Meng. He is a former business associate of the current Rangers chief executive Charles Green.
Mr Green is a former chairman of Mr Chan’s company, Nova Enterprises. That company is also linked to current Rangers finance director Brian Stockbridge, who was an advisor during his time at the stockbrokers Allenby Capital when it was called Tembusu Investments Ltd.
Forres Dee@ForresDee
@corsica1968 An old fashioned switcheroo, to place the new company/club beyond BDO by winding up the new(first) holding company, very sneaky
Nowoldandgrumpy@Nowoldandgrumpy
@corsica1968 Oh no, how am I ever going to look my children in the face again. Forgot, I am now a spiv so I do not care.
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54s corsica1968@corsica1968
@Nowoldandgrumpy Sell them. As the holding company you’re entitled. Get some new ones and just transfer the registration over
And the ostrich syndrome continues….
Butcher6
I would follow ally to hell if he asked Join Date: 29-04-2011
Posts: 4,339
Calling all rangers fans!
——————————————————————————–
The dark forces are still at work trying to blacken our name and succeeding to a extent.
So can we not all pull together and start fighting back!!
There must be rangers fans in high places somewhere who can help we need as much muck and dirt as possible on these creatures as possible and if there is none lets make some up it works for them!!
Its getting to stage that these people know they cant kill us but want to make saying the name rangers some sort of moral crime we have to fight back so what should be the first steps people??
ASonOfDan
Theres that name again :)) whenever I see Stockbridge I pay close attention:)). (IMHO) a major player in this whole scam.
Brian Stockbridge, who was an advisor during his time at the stockbrokers Allenby Capital when it was called Tembusu Investments Ltd.
leftclicktic 15:38 on 7 February, 2013
@corsica1968 An old fashioned switcheroo, to place the new company/club beyond BDO by winding up the new(first) holding company, very sneaky
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So this is a scam? Green is in on it and wants the winding up to happen? Oh it’s just as confusing as it ever was. And just as much fun :)
The Confederation of African Football (CAF) suspends Tunisian referee Slim Jdidi after his performance in Wednesday’s African Cup of Nations semi-final between Burkina Faso and Ghana.
Jdidi controversially gave Burkina Faso forward Jonathan Pitroipa a second yellow card for simulation that sees the 26-year-old miss Sunday’s final against Nigeria.
“Referees are graded on each performance and based on his marks the referee from Tunisia is now suspended for a period of time still to be determined,” general secretary Hicham El Amrani said,
That Peter Lawell sure is a semi-shadowy figure – Dan Brown’s next ‘novel’ could well be based on him.
‘The unseen fenian hand and a taig in a high place’ might be a bit cumbersome as a title – but it’s a start!
HH!!
•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-•
He bought the assets of RFC changed it to TRFC, then changed it
to RIFC almost immediately,
If BDO come after anything to do with RFC or TRFC ,Green can say NOTHING TO DO WITH ME MISTER :)).
switcherooooooooooooooooooo
ithinkcsc
ps did you get post removed last night ?
Sounds to me like Green is trying to stiff an ex business partner, now who does that remind you of.
DOn’t know, didn’t go back to check.
I know it’s not the end of the world & I don’t really mind that people here know, but having the two together like that just makes it too easy for other people to make the connection.
Oh well.
BTW today they printed pictures. I got a mention for Celtic in ALL the local papers :)
Leftclicktic-all these conmen cut from the same cloth eh,the fabric of society maybe?
•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-•
Fame at last
just remember your auld pals :))
One of Sally’s £10 mil hit list,Messi signs new contract with Barca til 2018