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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I don’t hear no portly woman singing yet.
Their dinner ticket is about to get put in the washin’ machine.
U
The ‘here for the party’ mob will get nothin now.
Laters.
joke of a PENALTY to you-know-who
Aluko dives for a penalty, given obviously
2-0
My dear,dear,dear,friend..AntrimKev
Pal..
Dinna Despair.. We kin Hope fur the Best.
Today’s Game , ain’t over,yet.
Anyway, We are noo Cookin’ wit Gas.. and The G.A.
are Runnin’ oota.. Gas.
So.. it is only a matter of Us,
Winning, Every Game ,from noo oan.. and
We wull be Hame Free.
Maks Sense tae Me.
Kojo
yer pal..who likes ye aloater
Steve Conroy just oot for wee laugh the day
guy should be on Royal Variety or somethin
haha
My dear,dear,dear,friend… Over and Over
Sound Philosofeeeeeeee.. Pally.
Couldnae Agree Mair.
Kojo
yer pal..who likes ye mair and mairer.
Ole Gordon J right with his penalty predication earlier..
Pars pull one back 2-1
YESSS !!!
2-1
freedom of DebtMountain to run thro and WHOOSH !!
goal !
game is on VIPbox.tv
Ya dancer just when I was going switch off BBC!!!
thats more like it Pars
P R E S S U R E
they dont like it
get the ball to Farquhar, out of there
starry plough,
Didn’t have any money on it unfortunately.
Maybe the ref will even things up??
Ana big wa’ fell doon…
Believe people.
U
Antrim Kev, I believe the only team to make a bid fir Donnelly has been brentford. 75k on the table.
SffS
My dear,dear,dear,friend.. Top Guy
See…
It ain’t over,till it’s Over!
Thanks fur the update,pal..
Goat Any mair..
LIKE THAT?
Kojo
yer pal..who likes ye aloater
Seven Fishes Four Steaks says:
3 December, 2011 at 15:36
i think the reds will be looking double that + a lot of add ons
Just saw the hun pen,truly hilarious. Aluko,the Nigerian Greg Louganis.
Steve Conroy, total diddy.
The thing that gets me with supposed Celtic supporting MIbs
is how they feel that they MUST not/never be percieved to show anything
other than to be favourable to the huns.
Hun supporting refs are of course, completely the opposite when it comes to us.
brimmer
Kojo
Get that arms out & do the Broony!
HH
Koj
Attention gained.
Your assumption isn’t misplaced, but elapsed.
I was a member when in the vicinity, but no longer am – on both counts.
The TCSC is still going, but I fear nowhere near as strong…
You display a minor grasp of Japanese culture when you probe Celtics popularity wane post Nakamura san.
I used to watch Celtic on “Sky” in Japan – due to Naka.
But now the hoops are a shadow – a tumbleweed – in the Japanese psyche.
~~
Oh dear, the huns just bagged a dive of a penalty … Budda wept.
~~
Snowed today.
Made my lad’s 4th birthday end on a high.
In 2 week I’ll be in Glasgow.
I’m the boy before Xmas!
Cannae wait.
Hail Hail
tbdJ
Aberdeeeeeen bottom of the SPL as it stands, nae luck Granpa’ Broon, ain’t that karma a bitch!!
Jelly fains a foul….”hall refereeee”
1second later…
up !…
…bombin doon the wing
haha
loses the baw
antrimkev
seven fishes
ma bhoy plays for the under 13’s and has been raving about him as have a few scouts, Fulham taking a particular interest.
Just popped back in………..
Some eye catchin’ schtuuufff agin.
I’m away back into the shed, away to watch some paint dry…..a rather handsome chest done in “mouses back”.
I kid you not!
(what’s the chances thems get anurra penalty?)
Antrim kev, I believe the 75k would have been accepted if they loaned Donnelly back to the end of season. I believe a 6 figure sum will be accepted. Just what I’m hearing.
SffS
BBC reporting unrest among the orc crowd since the Pars pulled one back…
new article posted.
Kojo, cap’n
here’s a good one for ye
Jelavic is playin utter shengaloid !!
:)
HT
2-1
TopCorner 15:02
Great link on Mary’s Meals you posted – thank you
…. all it takes is $10 to feed a child for an entire year- absolutely humbling
http://www.youtube.com/watch?v=ZnXk3-rHyB0&feature=g-all&list=PLA02A15AE776B6200
Symmetry.
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