Gang of 10 Arab Spring rebuked by Duff & Phelps

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Comments from Duff and Phelps yesterday that they were not in favour of changing the SPL voting system were intriguing.  Kilmarnock chairman, Michael Johnston, was pretty blatant about his agenda when speaking to the BBC on Saturday, suggesting the actions of the Gang of 10 was a “pro-democracy movement” similar to the Arab Spring, saying:

“It might make it easier for the [Rangers] administrators to get whatever they are going to try to achieve whether it is a CVA or new company to be informed and re-joining the SPL and SFA.

“The support of the 10 clubs might be needed at some point.”

Too right the support of the other 10 clubs might be needed at some point if a new company is to join (not re-join, for goodness sake!) the SPL and SFA.

Back in October last year we predicted Rangers would be liquidated, a Newco would be formed and would be voted straight into the SPL, with only Celtic arguing the need to maintain sporting integrity.  Everything we have heard since has reinforced this view.

The debate among the Gang of 10 has matured so far they see no issue in openly offering to support a Newco’s entry into the league in return for money (which we predicted earlier this month), mostly generated from Celtic fans, as it happens.

We await Johnston responding by sticking to his high-minded principles and telling any Newco they will not enjoy Kilmarnock’s support.

Duff and Phelps still have an enormous amount to achieve before they will even be in a position to apply for entry to the SPL on behalf of a Newco but if they do, they will surely offer the Gang of 10 a take-it-or-leave-it proposition. The Gang of 10 will take it. This debate is not about democracy, it’s about directors at clubs like Kilmarnock, who I believe now have debts of over £10m, finding a way to deal with their years of unchecked overspend.

The debate around St Mirren director, Ken McGeoch, would surely outrage sensibilities in any country in the world so I’m pleased his fellow directors have called for his resignation.  In November last year McGeoch invited Rangers company secretary Gary Withey to a meeting at the St Mirren boardroom where he revealed player contract details.

St Mirren are up for sale and could be purchased for what previously amounted loose change at Ibrox; McGeoch met Withey to discuss him purchasing the club from his fellow directors and shareholders.

For a Rangers director, influence like that should be impossible to acquire.

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1,001 Comments

  1. RogueLeader

     

     

    If I remember rightly the Bomb Disposal guy confirmed that the devices were viable.

  2. Som mes que un club on

    The pair face a separate allegation of dispatching an item on 3 March to Mr Lennon at Celtic Park with the intention of inducing him to believe that it would “explode or ignite”.

     

     

    Charges were dropped last Friday by the Crown and a further alternative allegation contrary to the Explosive Substances Act of “unlawfully and maliciously conspiring” to endanger life or cause serious injury was also dropped.

     

    ++++++++++++++++++++++

     

     

    So, here we are, a lesser charge of assualt is what we are left with…

     

     

    This place stinks.

  3. Auld Neil Lennon heid on

    Rogue Leader

     

     

    Rangers’ strategy of consistently alienating themselves from those on whom their life depends does not seem to be bearing fruit. (from their perspective, from ours it is working wonderfully well.)

  4. lionroars67 on 29 March, 2012 at 11:20 said:

     

     

     

    The SNP have many faults, comparing them with Hitlers Nazi party is ludicrous

     

     

    I agree Robert Mugabe is a better analogy

  5. A witness came over all forgetful.

     

     

    Maybe that’s why the attempt to murder charge has been withdrawn.

  6. Snake Plissken on

    Scotland again today displayed all the consistency and predictability in it’s courts as Mississippi in the 1960’s.

     

     

    Mississippi Burning.

  7. There are internet trolls getting six months in the nick- surely these web fingered mutants can expect at the very least a few years despite the reduction in charges.

     

     

    I wouldn’tbe surprised if they become folk heros in the festering underbelly of the Orange sub-culture. Feted as after dinner speakers at the various lodges here & in the Sick Counties…a book deal? Red top exclusives? A movie? Free lifelong season tickets for Hun Utd at their new stadium in Ayrshire? Loyalist icons pictured with Mad Dog and Donald Findlay? Wined & dined by various establishment figures?

     

     

    Nothing would surprise me.

     

     

    Beginning to feel very very depressed.