I hear the SFA had asked for clarification on Craig Whyte’s alleged disqualification as a director, without getting confirmation one way or another, since the issue was initially brought to their attention by the landmark BBC documentary, Rangers: The Inside Story. Rangers disclosure to the Plus Exchange (where the club’s shares are traded) on Wednesday that this specific BBC allegation was correct, was the information the SFA needed before they were in a position to act and apply a Fit and Proper Person (FPP) test to Whyte.
Dramatic though it sounds, failing a FPP test, in itself, is only likely to cause superficial damage to a club or its owner. An owner would need to resign as a director but he could allow the other directors to continue running the business, or he could appoint a proxy to take control of the business, which is often the way controllers run football clubs anyway.
What is of more interest, however, are matters likely to be disclosed as part of the SFA investigation. The Association would require Mr Whyte to explain what he did to be barred from holding a directorship for seven years, something the BBC lawyers would be able to question Whyte on in the witness box, should he actually sue, instead of repeatedly threatening to do so.
Of most interest to the SFA will be Rangers financial submission for their Uefa licence, which enabled the club to be nominated as Scotland’s participants in this season’s Champions League. A condition of participation in Uefa competitions is that no debts to tax authorities due on 31 December the preceding year remains unpaid on 31 March.
In September HM Revenue and Customs gained permission from the court to freeze £2.3m of Rangers money in connection with an unpaid tax bill. The principle element of this bill has not been disputed by Rangers. The SFA will now be keen to establish if any part of this bill was in connection to taxes due in prior to 31 December 2010. If it was, Celtic were entitled to be Scotland’s Champions League representatives, when overcoming the likes of Malmo stood between them and a £15m pay-day.
This is a legal minefield for the SFA chief exec, Stewart Regan, who has my sympathy. Things are about to become interesting.
While we are on the subject of that £2.3m tax bill, HM Revenue and Customs are due to get their hands on the cash after Friday next week, the last day Rangers are able to dispute the debt. If Rangers enter administration prior to that date, the cash would revert to the administrator and the club’s secured creditors would be entitled to it.
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tarrant,
Thanks for the tunes fhella.TPE,class.
Cheers again bud. :-)
BABA
3 great links, it’s hard to beat Marvin. Here’s 3 for you, wildly different and united only by their brilliance.
http://youtu.be/kAMwzwY-UsQ
http://youtu.be/X5HDJpM-pBY
http://youtu.be/sBTzKvd78A0
All,
Enjoyed your company!
God bless you and yours,
sTICks
It’s getting cold outhere – Shine on in Celtic
Link for Drambowie Celt
DC, obviously you’re upset about something, but consider your forum and your audience – what do you need to say, who do you need to say it to, and what do you want to achieve?
JimmyQ
Huge respect to you, but how do you become involved?
Frank
The Clash
http://www.youtube.com/watch?v=GqH21LEmfbQ
The Skids
http://www.youtube.com/watch?v=X1Jis2d4W_Q
CaltonTongues says:
3 December, 2011 at 01:13
I love that: New Firm finished the Old Firm (aargh) dominance.
Facts are: during the Fergie/McLean 8 season crossover period, Celtic were champions 4 times and runners up 4 times; the ‘New Firm’ were champions 4 times and runners up twice. We had top goal scorer 4 times, the New Firm once.
The New Firm finished third between them more times in that 8-year period than they won titles and, as stated above, Celtic never once finished below 2nd place during that period.
During Ferguson’s first year in charge, Aberdeen dropped 13 points (under 2 for a win) and two places from the previous season, whereas Caesar’s Celtic gained 12 points, 4 places and ultimately won the league. McNeill would win 3 titles to Ferguson’s one during their 5-year crossover period.
I never say but it’s honking tonight
‘mon the mods
Drambowiecelt says:
3 December, 2011 at 02:13
To what end would you have us tell you that we knew his dad?
Frank,
involved in what
DC,
do you know that Barry Mason posts on here, and is likely to be doing so tonight after an evening of mugging and stabbing?
Does it matter who he supports?
And can some random posters commenting from all over the world really help you?
I was stabbed a few years ago, I know you’re angry and frustrated, but realistically you’re not likely to get much practical help on here.
I wish I could help you in a useful way, and I’m sorry for being glib earlier – call the police, if you’ve already done that sit down and have a whisky or a brandy and deal with your shock.
Indeed.
Perhaps you should come back when you’re sober.
dirtymac says:
3 December, 2011 at 02:23
wastin yer time, best sayin nuthin
JimmyQuinnsBits says:
3 December, 2011 at 02:25
Yup.
Right… so… ignore
Frank, what ya on about?
Drambowiecelt says:
3 December, 2011 – various,
Obviously you’re hurting but, this isn’t the place to vent so,unless you can answer the Canamalar Question honestly???
Do one!
JimmyQ
I work with boring infrastructure. Have always wondered if it can be applied somewhere else
Frank
Now, I know I keep on postin this…. and you amadan’s are probably sick of it… but its a slow burner; listen to it four times…. four times and you’ll be hooked
Viva Cuba
http://www.youtube.com/watch?v=y4r6HV3FfwI
BABASONICOS71 says:
3 December, 2011 at 02:30
That story is clearly made up; orcs drinking Tenants and not Tesco two-stripe?
Has bells on it mate ;-) <-winking smiley (just in case)
Frank
you’re tryin to mug me… elsewhere
in case you misunderstood the serious of the crime
Tarrant
Fine words and as most of the Celtic support is behind you, a wee word of warning.
“Mind your back.”
‘GG
Some salve
a blind genius…. taught by ould wummin Quinn… O’Carolan’s Farewell to Music
http://www.youtube.com/watch?v=0LPix1XahV8
Frank,
a wee word for you’re handlers… they need to learn subtlety
wee enigmatic phrases just won’t do…. you’re goin to get marked down for this one
JQB.
Carolan’s Farewell to Music…a wonderful piece of music.
I have often wondered why this piece and improvisations on the theme have not been picked up by Hollywood for the musical score of some classy blockbuster.
De Dannan covered it on their seminal album,”The Mist-Covered Mountain”,and I also had a CD of the late Derek Bell playing the Carolan repertoire..
Reminds me a wee bit of the theme music to the TV series,”Reilly,Ace of Spies”.
Drambowiecelt says:
3 December, 2011 at 02:52,
And, it was nice knowing you as well.
May your Hemorrhoids never see the light of day.
CSC
The Singing Detective says:
3 December, 2011 at 03:01
Couldn’t agree more
A wee favourite of mine, I’ve been known to murder this in various keys. But they won’t stop me… oh no they won’t
http://www.youtube.com/watch?v=7yf_HBkQkvw&feature=mfu_in_order&list=UL
Friday frank. Will maybe bump into your sister tonite at a bday party
If I get there early enough I will see her sober :)
ST,
apologies… if you’re vouchin for him
One of ma favourite Yeats poems put to song. Not the best version, but it is Ghaoth Dobhair
http://www.youtube.com/watch?v=d02dI9jBz3A
Jimmy vouching for who??
Everybody to their own, and I can’t preach…. but; most of us – we stand on the shoulders of folk who had nothing, but integrity. Small word, big responsibility.. When we, if we do, make it “good”, you need to look that ancestor in the face.
Mary Brookbank, The Jute Mill Song, or 10 and 9
http://www.youtube.com/watch?v=Ad-EN6fYANw
JQB.
Good tune!
Here’s another great song from Paul Brady,which he covered on the 1976 album he made with Andy Irvine…the best work ever done by either party.
Paul Brady 1977-Arthur McBride
ST,
Friday Frank
The Singing Detective says:
3 December, 2011 at 03:25
Somethin special… his Lakes of Ponchatrain is a treat annaw
http://www.youtube.com/watch?v=VAYsEb06StQ
Am aff, day with the daughter tomorrow…. I’m blessed
How that works as an atheist I don’t know, but I’m thankful anyway
Oiche Mhaith
..And it’s time for the Last Dance,doon at Kojo’s local….
James White(with the Cornel Hurd Swing Band)@ The Broken Spoke Honky Tonk
Mary Brookbank ? …she was the Socialist activist organiser in Dundee at the beginning of the last century…. There was a documentary about Dundee on BBC4 last year which gave a bit of her background.