There was a flutter of excitement yesterday at news from the Court of Session that Rangers liquidators, BDO, did not object to Dave King becoming a director of newco. King sought permission from the court to prevent a subsequent challenge from one of Rangers unpaid creditors, but the phoenix club are now free to appoint him as a director.
The question of whether he is fit and proper to run a football club remains. King has employed professional PR and appears to have a clutch of journos doing his bidding, I even heard one ask yesterday if the SFA would dare hold him to a higher bar that that of the highest court in the land – either deliberately or accidentally misunderstanding legal process.
The ‘highest court in the land’ was asked to adjudicate what turned out to be a matter which was not contested. The SFA is another matter.
The SFA will not seek the view of Rangers creditors, they will consider the words of Lord Nimmo Smith’s inquiry into some of Rangers misdeeds while Dave King was a director of the club:
“There is no evidence that the Board of Directors of Oldco took any steps to obtain proper external legal or accountancy advice.
“The directors of Oldco must bear a heavy responsibility for this. While there is no question of dishonesty… we nevertheless take the view that the nondisclosure must be regarded as deliberate.
“Given the seriousness, extent and duration of the non-disclosure, we have concluded that nothing less than a substantial financial penalty on Oldco will suffice”.
The SFA will also consider Mr King’s 41 criminal convictions last year for breaking tax law in South Africa. They will consider an earlier assessment by Judge Brian Southwood’s that King is a ‘glib and shameless liar’.
They will not consider some of the 281 charges of dropped as part of his plea bargain, including charges of money-laundering and racketeering.
They will consider the actions taken by King to displace the previous newco board, which led to the resignation of nomad WH Ireland and the subsequent de-listing of the club from the stock market. The possibility of shareholder legal action in light of the de-listing was disclosed last week, opening another new stage for reputational damage.
Newco Rangers can go ahead and appoint Mr King this afternoon. There is no SFA ‘Fit and Proper test’. Instead, clubs are liable for retrospective punishment should they appoint someone who the SFA subsequently regard as not fit and proper to run a football club.
To avert retrospective action, Mr King has asked the SFA to settle his fitness in advance.
If the SFA consider judge-issued phrases such as “directors of Oldco must bear a heavy responsibility”, “nondisclosure [to the SFA]must be regarded as deliberate” and “glib and shameless liar” as being appropriate to run a Scottish football club, we have no fit and proper criteria whatsoever.
His fitness is linked to his suggestions made some months ago that tens of millions of pounds will need to be invested in newco and that he was the man to make it happen. If he has the money, he will invest whether the SFA pass him or not.
This entire issue is a faux precipice. King could easily appoint his own people to the PLC board, he would be able to attend board meetings and bark whatever orders necessary. So why not just appoint a board full of experienced non-execs and set about running the club?
It could be that the tens of millions required are not there and he’s looking for a get-out, but I honestly don’t see that. Whether he invests the necessary money or not, he’s there for the long haul. This is about authority over the SFA.
Our fabulous Open Golf Hospitality auction for Mary’s Meals ends tomorrow, fill your boots…….
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Bankier is an arse. At AGM he made a statement and everyone, including the rest of the board , burst out laughing. He said ” Why are you laughing?” He has no connection with football fans or the average person. Condescending and aloof.
Jerry Cornelius 11:52
Did you know Bobby Lennox in his 18 seasons at the club never finished as top scorer.
—————
Read Bobby’s book and seem to recall a story about getting a bronze boot for being third top scorer in. Europe (68 or 69?), so surely must have been Celtic’s top? Unless difference between league goals and all goals?
Noticed this on RM
I’ll never set foot in another Scottish ground out-with Ibrox until my dying days.
HH;)))))))
You are welcome Murdochbhoy. He has certainly made some gaffes.
Has El Glassico been postponed?
I saw that last night there was a proposal to buy bricks to commemorate CQN’ers that have sadly passed on.
It was an excellent idea and I’d be happy to contribute if there has been anything set up.
I just knew DerbyshireBhoy from another web site, though. I think I could make a guess of where he lives via Google.
However, his family might be wary of getting a letter from somebody, mentioning the brick, completely unknown to the family and they might think that it’s some sort of scam.
I’m not sure what the best approach is.
Maybe somebody else does know him personally from way back or whatever?
twists n turns
Mr Struth will be spinning in his grave.
CAPTAINBEEFHEART 1300
And?
Most of the criticism of him is because of his record as Chairman of Celtic Football Club. In fact,I hazard all of it,the rest is collateral.
Like I said,I care not for his politics. He can vote whichever way he sees fit,and live with his conscience. As we all do.
Now,since I’ve defended him on that,perhaps you might like to defend him on his role as Chairman of Celtic Football Club?
I’ve got all day,bud…
I really could not give a toss who is running the Huns.They are,and will continue to be a basket case.As one poster put it,”We should be happy they are being run by liars and crooks”.Through in a fantasist,and you have a board you could only have nightmares about.
So many obstacles and pitfalls,regarding cash still to come.Onerous contracts,merchandising,loans,its all right in front of TGASL.We should be looking forward to it.C’mon the SFA.Do the decent thing and pass him.
Throw not through,DOH !!!!!!1.
maradominic
13:31 on 8 April, 2015Bankier is an arse. At AGM he made a statement and everyone, including the rest of the board , burst out laughing. He said ” Why are you laughing?” He has no connection with football fans or the average person. Condescending and aloof.
can’t better that summary.
Britannia waives the rules.
glasstwothirdsfull
13:33 on 8 April, 2015
Jerry Cornelius 11:52
Did you know Bobby Lennox in his 18 seasons at the club never finished as top scorer.
—————
Read Bobby’s book and seem to recall a story about getting a bronze boot for being third top scorer in. Europe (68 or 69?), so surely must have been Celtic’s top? Unless difference between league goals and all goals?
~~~~~~~~~~~~~++~~~~~~~~~~~~~
Bobby was unaware of his award or of the ceremony involved.
Until a board member,who had taken it upon himself to accept the invitation,the jolly,the hospitality involved,handed it to him.
Bunchac…s that lot. Thankfully we have moved on,eh? Our board is so much better now.
Gary67,
That’ll do for me neebs.
Guidetti or Griffiths, not fussed
HH
G67-Johansen more effective further forward IMO,Henderson…..? I know why he was sent on loan but ideal for Broonie tonight HH
Don’t wrroy aobut sepinllg msitkes, the barin olny ndees the frist and lsat lteters to dcehiper yuor wrods.
Gbbiresh on the ohter hnad………
BIGCUPWINNERS
Grauniad reader…l
Can’t stop laughing at the SSB podcast from last night. Sevcoite gets on and says ” its great to have King back at Ibrox, He’s the kind of guy we can all trust and believe in”
Phwwoaaa, they just don’t get it do they.
Bobby,
Apart.from a few daftcomments, what are his faults? Isn’t he good at his job?
!!Bada Bing!!
13:48 on
8 April, 2015
Johansen is better further forward but he will drop deeper tonight in Brown’s absence. He plays in the deeper position for Norway so he’s the obvious one to play there. I think him playing there on Friday was also with tonight in mind.
RD has said Henderson going out on loan was looking longer term and acknowledged he may have needed him in the run in.
mullet and co 2, 13:12
It’s not as if the £20m (or equivalent in dirty Rand, and there’s the rub) he’s fond of saying that he ‘invested’ went in one year and came back as lovely, clean £17m (Sterling) before a year was out.
I wonder why the SA taxmen thought that he could possibly be involved in money laundering.
Kitalba we have a very uncomfortable truth to face here. Celtic are complicit in corruption. They are betraying us. Yes they should act in the shareholders best interests but that shareholder is DD and we know what he thinks!!!
And I am sorry to say that they are putting up smoke screens for us too. I may even include Paul in that (sorry Paul).
Fit AND proper
http://hellogiggles.hellogiggles.netdna-cdn.com/wp-content/uploads/2014/07/08/Keira-Knightley-11.jpg
In Season 67-8 Bobby Lennox scored 32 league goals, and he topped the scorers’ charts for the only occasion.
His ‘usual’ bag was in the low to mid teens
OG Raff
I’ve heard this mentioned here and there from time to time – the cash merry-go-round – but can see no evidence of it.
Do you have any?
BMCUW
Bobby Lennox won a Bronze Boot for season 67 / 68 .
44 goals .
Director who went to Paris to collect it was —————–Jimmy Farrell.
BMCUW
Aye – I seem to recall Bobby wondering what the other two players would have been thinking – seeing a board guy collecting the award!
The statue of King Billy is across from the Provand’s Lordship building.
They regularly walk to the area as a result.
Interesting area with lots of history.
The IRA attempted to free some republican prisoners at the same spot, as they were being driven to Duke St prison.
According to Wiki [SIMBT]the peerless Eusebio won the ole Golden Boot in 67-8, with 43 goals- and this was before goals scored in diddy leagues were devalued.
It looks like Bobby wiz robbed…
So Ian Black didn’t manage a champions league game then? :))))
MWD said AYE
I posted on here before that every time a semblance of anything positive comes out of Ibrox, CQN slips into anti-board mode for the next 24 hours, kinda like a kid turning on its parents because it is raining.
Logged on an hour ago and read back. It should be nice when a theory is proved correct but I take no pleasure in being proved right here.
I am off to Glasgow in a few minutes to meet a friend over from Australia for a bite to eat before the Kerrydale then the Glasgow Derby. She said she was always impressed by my passion for Celtic and wants to witness it for herself so has flown up from London for the occasion.
I’ll gladly escape all this negativity.
4-0 Celtic.
Bye.
G67-do RD lurks on here….? :)
BMCUW
petition signed and posted on facebook
HH
Tom McLaughlin
Hope your friend enjoys the game and we have another tim in Oz
HH
Quick Google .
Boot award based on League goals.-Bobby Lennox scored 44 in all competitions- so he wiznae robbed
Totti won the Golden Boot whilst playing in midfield. . Goals in Serie A meant a lot ( and earned extra points) when Italian defenders were worthy of the job description.
-Tojo- – Do you live in Spain ?
Dontbrattbakkinanger
I think Bobby said that was the one season where he played mainly as a central striker. Think how many he’d have got if he’d played there his whole career….
Glasstwothirds- and think of the hundreds when he was wrongly flagged up for offside…