Gaol for the Rangers

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I hear regular reports that Our Hero is fastidious, clever, experienced and has expert legal advice on company rescue matters.  But I read (on Random Thoughts’ blog) that he doesn’t always take great care when filling out forms or doing paperwork.

Now he has a formidable foe on his case.  Alastair Johnston, the non-exec who may have been asleep at the wheel when Rangers FC PLC (in administration) were industriously working on schemes to avoid taxation, has written to the Crown Office asking them to investigate the acquisition of Rangers by Craig Whyte.  No Surrender Johnston, as he is knows in some parts, a sleeping giant of the sports industry, is awake and he’s darn irritated!

I love good irony.  Can you believe, he wrote to the CROWN Office!  Forces of the Crown are all over this situation already.  You have to wonder how deeply Her Majesty’s officers will delve now they’re on the case.

As anyone who has followed recent perjury trials in Scotland will know, not all alleged crimes are investigated, on occasion, action needs to be in the public interest, but you have to think that if our hero has failed to cross a t or dot an i, No Surrender Johnston will pursue Our Hero like the well-pensioned accountant he is.  If his suspicions are correct, I’m sure he will not rest until it’s Gaol for the Rangers miscreants.

Fancy writing something for CQN Magazine? Drop me an email and let me know what you would like to write about before you get started, just in case someone else has the same angle covered: celticquicknews@gmail.com.

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343 Comments

  1. Official statement from octopus

     

     

    Octopus Investments would like to clarify the position of Ticketus with regard to the current Glasgow Rangers coverage.

     

    Ticketus is one of the many entities into which Octopus Protected EIS invests. Ticketus has purchased tickets for Glasgow Rangers games for a number of seasons in advance, as it has done for a number of years previously with the club.

     

    Ticketus does not lend money; Ticketus is the owner of assets – the tickets. Octopus is continuing to work with the administrators and Glasgow Rangers on this matter.

     

     

    http://www.octopusinvestments.com/press/news.html?newsId=363

  2. RobertTressell says:

     

    17 February, 2012 at 12:26

     

    THE EXILED TIM says:

     

    17 February, 2012 at 12:21

     

     

    It’s difficult to see what reason they would have for honouring season tickets for Saturday other than concerns about security/the response from the hun hordes. They’re missing a big opportunity to get in some much needed cash. Good !

  3. BlantyreKev at 12:36

     

     

    April 95, Celtic on the brink, Fergus taking over, Celtic Park packed, great expectation and rallying call, Celtic 1- Motherwell 1

     

     

    Pretty sure that was March 1994 as it was my first ever game at Celtic Park. It was also 1-0 to Motherwell and was the first game after Fergus took over. CP was not full but the biggest non-Rangers game attendance of the season. Still have programme and ticket from the game.

     

     

    Mort

  4. Morning Bhoys.

     

     

    I need a little help from some of you if at all possible. I am trying to take Hugh Keevins to task for his remarks about me after my call to Clyde on January 16th. My lawyer has requested I send him a list of people who heard the show ASAP as he believes it will strengthen my case.

     

    So if any of you did hear my call and Mr Keevins’ subsequent remarks, and would like to help, could you please drop me a message via my facebook page. Only people who genuinely heard the call please. All I need at the moment is your name and how to reach you.

     

     

    Many thanks in advance.

  5. Found this interesting report on Untold Arsenal.

     

    http://blog.emiratesstadium.info/archives/18808/comment-page-1#comment-143173

     

     

    What you read about administration, liquidation, corruption and Rangers might not be the whole story

     

     

     

    by Tony Attwood

     

     

    Years back, when I started to work as a journalist, one thing struck me very hard. There was an agenda. No matter what area I worked on, there was an agenda, a message, an approach, a vision.

     

     

    In football, for example, it was “Liverpool are good”. You couldn’t knock them, suggest that it was odd just how many penalties they got in the last 10 minutes of games, or anything. They were untouchable. “Write another piece like that sunshine,” I was once told, “and there won’t be any need for you to write anything else.”

     

     

    We see the same today. If there is any suggestion that football is bent, then it must be accompanied by clear evidence that it is the football of these silly foreigners that is bent, not British football. If it becomes too obvious that something is wrong with British football, then we must put it down to foreign gambling syndicates. The notion of an Italian style scandal in which clubs influence which referee they can have refereeing their match, is just not on.

     

     

    Much the same is true with football finance. Clubs are not run by crooks, even when the people running such clubs (from Portsmouth to Darlington to Rangers) have some unfortunate brushes with the law in the past. Clubs go into administration (that story can’t be ignored) but it is just the British way. Besides it is usually the fault of the greedy Revenue and Customs. Anyway, the clubs always come back. As for football clubs being used for money laundering – that’s just something that Untold Arsenal says. No one else says it, so it can’t be true.

     

     

    Besides, it has always gone on. Accrington were the first league club to go bust in 1896 – although by then they had resigned from the league, and it has been happening ever since. It even happened to Arsenal in 1910.

     

     

    But the Arsenal case was different from today’s cases, because the man who took over the club – Henry Norris – paid off every single penny of every debt, football or otherwise, from his own pocket. He even paid off one huge debt concerning the building of one of the stands at the Manor Ground which was not shown on the accounts when he agreed to take on the club. He then invested much of his fortune in the club and built Highbury. That’s called being honourable.

     

     

    Today it is a little different. Portsmouth are going into admin for the second time in two years. Rangers are going bust owing the tax man (ie you and me) £70m or a lot more.

     

     

    Rangers have been to the Scottish press what Liverpool were from the 1980s until a couple of months ago. Untouchable. That Craig Whyte, Rangers’ chairman, is under investigation over his acquisition of the club is generally left unsaid.

     

     

    What’s more, as far as I can see, Rangers have not been paying money owed to other football clubs for quite a while. So the small clubs who get a boost to their crowds when Rangers come to town are massively out of pocket, having had to pay for much bigger than usual police activity in the ground, but getting not a penny back from Rangers. If this is true, paying off the football debts first could be difficult, because the football debts are just too big, even before the tax debts are looked at.

     

     

    The simplistic notion put about by many Scottish football writers and writers on Scottish football (not always the same thing) is that if Rangers go bust, there can be no league. This is rubbish – for of course there can be a league. There can be a league which is the same as now, but without Rangers, or there can be a completely different sort of league created to deal with this situation. I’ve often suggested that Arsenal Reserves ought to play in the Scottish League, others speak of combining the league with that from other countries. There are many options.

     

     

    Now we hear that there is a chance that Rangers will go into administration and come out the other side within weeks as Rangers 2012. But they might not.

     

     

     

    My experience comes from a situation about 5 years back when Company A who owed my company (HHM) money for some copyright material they had leased, went into administration. Company A had only bought the rights to use the copyright material themselves, and even then had only got those rights once they had paid my company for the rights.

     

     

     

    And so since Company A was going into administration and would soon not exist, I contacted the administrator and told them that I had good reason to believe that Company A had items that were the property of HHM, and that under no circumstances should the administrator allow that material to be sold on to any firm buying up Company A.

     

     

     

    The administrators refused to co-operate, and said that looking for data on computers was not their business. I said it most certainly was – they now knew that some of the property in Company A’s computers was not theirs to sell, and to allow it to be sold would be a criminal offence, but they wouldn’t budge. Then I found that the administrator was about to sell Company A to Company A (2005) Ltd – the same guys who owned Company A buying the company back, in a new name, but walking away from all their old debts. In other words they would get the data, without paying for it.

     

     

     

    What the administrators were doing showed a corrupt link between themselves and their client. I passed the documentation to the Office of Fair Trading, and they investigated, and arrested both the directors of Company A and the administrators. 1-0 to Tony.

     

     

     

    Do we have a cosy agreement between the administrators of Rangers and Rangers FC? Of course I have no evidence and make no allegation. But… to do the quick turnaround into Rangers 2012 Ltd that people are now talking about 75% of the creditors needs to agree to the deal. But the administrators admit they don’t know how much debt there is, and whether they can get away with a “football creditors” deal. Rushing it through would seem suspicious.

     

     

     

    Further we do know that David Grier of Duff & Phelps the administrators of Rangers was with Craig Whyte the Rangers owner at a game last season. Duff & Phelps also own a consultancy firm that did work for Whyte as he bought Rangers.

     

     

    There is much talk that Rangers will rise from administration within a month or two but I am not 100% sure about this. The people who for the past two years have been saying “Rangers is in very serious trouble here” are now telling me two more things. I can’t verify them, I don’t have the background knowledge, and once again I make no allegations – just pass on the gossip. One group tell me that Rangers will go into liquidation and that gives the SPL a problem. The other group tell me that Craig Whyte will come out of this owning the Rangers ground, but not the club. He will then try and lease the ground to the club for a mega profit.

     

     

    Which, curiously, is a variation of the story of Arsenal in 1893, as you will be able to read when Woolwich Arsenal, the club that changed football” is published later this year. In Arsenal’s case the ploy failed, the evil baddy didn’t get his way and Arsenal reformed to become Woolwich Arsenal FC

  6. Have Rangers as a club issued any public apology or

     

    indeed showed any contrition for their misdeeds.

     

     

     

    rangers pub name

     

     

    HECTORS HOWF

  7. sparkleghirl says:

     

    17 February, 2012 at 12:37

     

    Official statement from octopus

     

     

    Octopus Investments would like to clarify the position of Ticketus with regard to the current Glasgow Rangers coverage.

     

    Ticketus is one of the many entities into which Octopus Protected EIS invests. Ticketus has purchased tickets for Glasgow Rangers games for a number of seasons in advance, as it has done for a number of years previously with the club.

     

    Ticketus does not lend money; Ticketus is the owner of assets – the tickets. Octopus is continuing to work with the administrators and Glasgow Rangers on this matter.

     

     

    ————————————————–

     

     

    Interesting.

  8. That’s Portsmouth gone into admin. They wont be too happy if the huns get special help now will they?

  9. So far, how much have the administrators saved? And how much have they racked up in fees?

     

     

    That will all change after Saturday’s game. They wanted to sell as many tickets as possible, as many programmes as possible (assuming the club hasn’t sold off future programme rights) and get as many people into their not so Super Store as possible.

     

     

    Next week Sally will be given a new wages budget. It will be a damn sight smaller than the current one, and he will be told to get rid of enough players to fit his new slimline budget.

     

     

    (Do I win a prize for first ever use of Sally and slimline in the same sentence?)

  10. The Honest Mistake loves being first on

    Ticketus is one of the many entities into which Octopus Protected EIS invests. Ticketus has purchased tickets for Glasgow Rangers games for a number of seasons in advance, as it has done for a number of years previously with the club.

     

     

    Bang! Headshot.

     

    The old board looks for the piece of head that just hit the floor.

  11. All conspired by the LL/MSM to make Whyte look bad and be nice to THEM? BEHAVE!!!

     

     

    THE BIG TAX CASE IS ABOUT THE EBTS – 100% PRE-WHYTE.

     

     

    Or do you still think HMRC are going to be swayed? They are in High Court today ti wind up Portsmouth, and they are relentless in their pursuit of this. THERE IS NO DIFFERENCE – not even for ‘Establishment’ clubs.

  12. Best 3 games I attended:

     

    A. 7-1

     

    B. Lisbon

     

    C. Winning league with 10-men against Rangers ( not then in administration ).4-2.

     

     

    Most miserable:

     

    A. Milan

     

    B. Dunfermline Cup Final. 1960

  13. The down and out

     

    The devils dues

     

    The duck and dive

     

    The missing millions

     

    The poisoned chalice

     

    The HUNgry taxman

  14. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    HAMILTON TIM 1155

     

     

    You were looky! (Four Yorkshiremen sketch)

     

     

    You were too young to have a harridan and yer mate’s harridans waiting in their finerie,all dolled up,sharpening the tongues and the knives for our arrival!

     

     

    I think a harridan is the least of your worries though,a certain punter from The Vogue may have taken exception to your comment about his hostelry of choice.

     

     

    I suggest that you cultivate the current school bully,he might come in handy!

  15. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    The Honest Mistake loves being first says:

     

    17 February, 2012 at 12:45

     

     

    Couldn´t be Murray that brokered the Ticketus deal and gave the security on the loan

     

     

    Naw I forgot he has a knighthood

     

     

    HAil HAil

  16. HECTOR - Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. on

    Reiperman

     

     

    I heard your call and left a comment on the blog to you the minute I heard his statement.

     

     

    Happy to stand for you.

     

     

    I’ll ask Paul67 to pass my email to you.

     

     

    MWD

  17. Pub Names

     

     

    The Smoke and Mirrors

     

     

    The Busted Flush

     

     

    or to reflect future attendances The Three Bears

     

     

    I did also hear someone suggest that HMRC could sponsor Ibrokes and rename it the Inland Revenue Arena

  18. Rieperman says:

     

    17 February, 2012 at 12:39

     

     

    Hugh Keevins wasnt on SSB on the 16th. If you go to the RC website you can replay the SSb for 16th , think it was Andy Walker and Darryl King on that night , it may have been the night before but you can listen to the old broadcasts from 7th Feb

     

     

    Everyone can have a listen to what he said to you so you have audio evidence. Let you Lawyer requiest a copy from RC before they delete it.

     

     

    Best of luck

  19. The Honest Mistake loves being first on

    Awe_Naw_No_Annoni_Oan_Anaw_Noo 17 February, 2012 at 12:48:

     

    There’s no way he would have done that last year, as he had done in years previous to that.

     

    The knighthood would have put an end to those kind of dodgy dealings.

  20. I'm Neil Lennon (tamrabam) on

    gordon j

     

    my own thoughts entirely

     

    who in their right minds would lend 24 million quid to a club that is known to be weeks away from admin

     

     

    it disnae make sense, and in my opinion when it disnae make sense, someone is generally lying

  21. Rieperman,

     

     

    Keevins was on SSB on 13th FEb, look at the platback of the SSB shows on RC website.