Fit & Proper test opens Pandora’s Box

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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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  1. fergus slayed the blues on

    KevJungle – Put the Green Brigade into a new JUNGLE says:

     

    2 December, 2011 at 12:53

     

    Regards your point that FM had no intention of taking on DA ,IMO we should thank him for that as look where the DA /DM way of running a club have got them .

     

    FM may not have did everything right but IMO he was one of the best things to have happened to our club .

     

    You list things that you disliked about his tenure ,do you think he did anything you liked during his tenure

     

    hail hail

  2. .

     

     

    Jackie Mac..

     

     

    Cheers Buddi..

     

     

    Bhoys.. Tech Help..

     

     

    Is there Any way of Making the Text larger on the iPhone4 on Portrait Mode..Seems to be Only CQN that l struggle..Thanks in Advance..

     

     

    Summa

  3. goldstar10 says:

     

     

    3 December, 2011 at 09:01

     

     

    I really don’t know why people are responding to the attention seeker

     

     

     

    I’m not going to respond to that.

     

     

    :-)

  4. fergus slayed the blues on

    goldstar10 says:

     

    3 December, 2011 at 09:01

     

    I think your right

     

    hail hail

  5. jhilday:

     

     

    When the huns go out of business, and they will unless God grants a miracle or the masons rewrite all laws known to man, then there will be so many attention seekers and bleeders you won’t know whether to laugh or get out the bubbly and dance the night away… and then laugh. Sometimes choices can be a real bitch.

  6. fergus slayed the blues says:

     

    3 December, 2011 at 09:01

     

     

    You list things that you disliked about his tenure ,do you think he did anything you liked during his tenure ?

     

    ………………………………………………………………………………………………………………………………..

     

    Fergus…..

     

     

    Got all the fans together again but, it wasn’t long until the cracks appeared in the shape of his, drag-yer erse policy of signing players.

     

    Some say that Fergus got rid of Farry but, surely Fergus would have known that, Farry wasn’t conspiring against Celtic all on his own ?

     

    So, the question has to be asked….why did Fergus bail-out and, leave us like sitting ducks for Farry’s hench-men to take revenge ?

     

    Fergus came into Celtic and, immediately shot himself in the foot by bringing in an, in-experienced manager who had 1 year of management under his belt at Killie ?

     

    When Fergus brought in the right management team in, Wim and Murdo, Fergus saw fit to get rid of the double winning managers in preference to the despised Jock Brown ?

     

    The Celtic support put more finance into Celtic than Fergus did, through numerous share-issues and, despite all the shares bought by fans, we’re still on the OUTSIDE looking in!

     

     

    Hail! Hail!

  7. Kit, If you are arounbd, just tried returning your earlier call…Connor then you couldn’t ghear me…..terrible linbe. Apooligies for crap spellking here but focus and coordination isn’t brilliant.

     

     

    Speak later.

     

     

    Hail Haul

     

     

    Estadio

  8. jungle1967 says:

     

    3 December, 2011 at 09:39

     

     

    Kev,You do know that Brian Dempsey has been made bankrupt.

     

    ………………………………………………………………………………………………………………………………

     

    This is now….that was then!

     

     

    Incidently, how much of the Celtic fans money did Brian Dempsey EVER take ?

     

     

    Hail! Hail!

  9. When Fergus asked him to invest he either didnt have the money or wouldnt invest. Your other hero Macari refused to move to Glasgow from England and only spent a couple of days here a week- another chancer.

  10. Our captain looks set to sign a new 4 year contract. IMHO the signing of the season. Our most influential player. I’m a happy bhoy.

  11. kitalba says:

     

     

    3 December, 2011 at 09:12

     

     

    jhilday:

     

     

    When the huns go out of business, and they will unless God grants a miracle or the masons rewrite all laws known to man, then there will be so many attention seekers and bleeders you won’t know whether to laugh or get out the bubbly and dance the night away… and then laugh. Sometimes choices can be a real bitch.

     

     

     

    share

     

     

     

    I’ll go for the bubbly, laughing, dancing and then laughing option.

  12. The Singing Detective on

    Fortunately,neither Kenya or Sierra Leone qualified for the Africa Cup…so Victor and BangBang get to enjoy the full delights of our Scottish Winter.

     

     

    On the other hand,El Khaddouri’s Morocco HAVE qualified….Inconsolable !!

     

     

    :-(

  13. fergus slayed the blues on

    KevJungle – “Who’re the masons on the board ?” says:

     

    3 December, 2011 at 09:25

     

    Would that be the rookie manager that had wattie (the legend )sweating and thanking the flying pig for saving his ass

     

    Any owner/board can make mistakes in any manger they choose

     

    What club in the world do you know whose board owner has put more money in than the FANS .Has even the money the Man city owners at the moment eclipsed the contributions their FANS have made in their team .Owners come and go the fans are the CLUB .

     

    IMO no one stood up for Celtic at that level more than Fergus ,when he was at the helm the SFA and their friends wished he wasn’t .

     

    He stated he would be here for 5 yrs and in those 5yrs I believe he only lost two fights

     

    1.To be allowed to fly the tricolour at Hampden

     

    2.the John Collins transfer to Monaco

     

    Both were lost to the SFA ,I believe

     

    1. Fergus was told the flying of the flag was a deal breaker (make of that what you will )

     

    2. Apparently the SFA did not send the appeal papers on time

     

    As for him leaving us to the wrath of the SFA ,IMO he would still be here today and beyond trying to rid that place of our enemies ,so maybe he thought their were better things to do with his time

     

     

    As for Fergus dragging his ass over transfers ,could that have been that the wee man had the bells to tell half of those mercenaries that the deal that was on the table was all they were getting .IMO if there were many more owners /chairmen in the game like Fergus the game would not be in the state it is in

     

     

    Anyway you have your views on the guy and I have mine ,I think it’s best to agree to disagree

     

    Hail hail

  14. .

     

     

     

    Joe Ledley has ruled himself out of Celtic’s Scottish Premier League clash with Dundee United at Tannadice on Sunday afternoon.

     

     

    Midfielder Ledley picked up an ankle knock against Atletico Madrid at Parkhead on Wednesday night and is still waiting on the results of a scan and will miss the trip to Tayside.

     

     

    Midfielder Victor Wanyama has not yet fully recovered from a dead leg while Badr El-Kaddouri is back after being cup-tied for the game against Atletico.

     

     

    Summa

  15. Kit

     

     

    Ive sent Estadio a txt. Awaiting a reply.

     

     

     

     

    Kevhunsun…

     

     

    I’ve just scanned back the blog and I reckon I have worked out your problem. It’s sleep deprivation allied with a touch of vibration whytefinger. You havent been off the blog for about 24 hours which obviously is not allowing you the sleep your body needs and the speed of your typing and replies to so many is giving you the whytefinger.

     

     

    Can I suggest you lie down with your arms by your side, close your eyes and drift off into a deep sleep. We’ll al sing rock-a-by baby if you feel it might help.

     

     

    That way we can ALL GET SOME PEACE

     

     

    MWD

     

     

    PS. I love how you can slag someone of in one post and then use the very same person to defend your point against someone else in your next post. It’s truly amazing.

     

     

    Sleep well Jack.

  16. polishturnstile Anthony R. Hamilton

     

    #Celtic captain, Scott Brown, has signed a new extended contract until summer 2015.

     

     

    Good news

     

     

    Indio

  17. fergus slayed the blues on

    hamiltontim says:

     

    3 December, 2011 at 09:54

     

    Great news ,if correct

     

    hail hail

  18. Estadio says:

     

    3 December, 2011 at 09:30

     

    Kit, If you are arounbd, just tried returning your earlier call…Connor then you couldn’t ghear me…..terrible linbe. Apooligies for crap spellking here but focus and coordination isn’t brilliant.

     

     

    Speak later.

     

     

    Hail Haul

     

     

    Estadio

     

    …………..

     

    An earlier post from Estadio

     

     

    V

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