Green, Whyte, Sevco 5088 and the St Mirren link

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After 11 months of innuendo and unanswered questions the Sun today publish confirmation that Charles Green was a frontman for Craig Whyte.  The news will be a bombshell to many but few in the Celtic online community will be surprised.

The Sun today report that Craig Whyte and partner, Aiden Earley, are majority shareholders in Sevco 5088 Ltd, the company which bought Ibrox, Murray Park and other assets from Rangers’ administrators’ Duff and Phelps.

They also claim Charles Green subsequently transferred Sevco 5088’s assets into Sevco Scotland Ltd, which Whyte said was done without his permission.  Green was given considerable opportunity to respond to the claims but despite pages of comment does not deny the central claim that Whyte and Earley were majority shareholders in the company which purchased assets from Duff and Phelps.  The rest of the story amounts to little more than gratuitous detail.

Where does this leave things?

Whyte’s QC has started legal action, seeking control of Ibrox and other assets.

Duff and Phelps (presumably unknowingly) discretely sold Rangers assets to the man who appointed them and who is currently subject to an investigation into the collapse of the club.  Rangers’ liquidators, BDO, can cancel the sale of assets and claim them for creditors if they believe it was not conducted in an appropriate manner – and this is anything but appropriate.

When Sevco 5088 Ltd was negotiating with the SFA Green assured the SFA that Whyte was not part of his consortium.  This was a condition of the Newco being granted associate membership.  The SFA are now duty bound to investigate (although with president Campbell Ogilvie in place make no assumptions here).

What has any of this to do with St Mirren, you may ask?

St Mirren chairman, Stewart Gilmour, appears to have made a pact with Charles Green, who I hear has given Green his assurance that he will vote against league reconstruction plans, which the SPL are due to vote on 15 April.

Questions like who owns Ibrox, whether the Newco is a legitimate associate membership of the SFA, whether BDO will declare the sale to Sevco 5088 void, in the event this circus makes it to next season, whether anyone will buy tickets to the shambles, all remain unanswered….

…but Stewart Gilmour is making plans with Charles Green.  St Mirren fans should be outraged.  Mr Gilmour should be careful who he does deals with.[calameo code=0003901714557cf2d2048 lang=en page=134 hidelinks=1 width=100% height=500]

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  1. Jobo Balde

     

    Glad the stings were pulled this morning but a bit surprised any bees or wasps around in EK at this time of year.

     

     

    Watch out for the two legged versions of the latter this morning.

  2. On Motherwell being gubbed I would not bet on it. McFadden gives them something that improves their overall game.

  3. kevinlasvegas on

    Be Safe today Bhoys, they will be raging and looking for bother today and that’s just the Police,

     

     

    God Bless all those involved today in the march, our ancestors would be proud.

     

     

    Hail Hail!!

     

     

    KLV

  4. 'crushed nuts?' 'Naw, Layringitis!' on

    dontbrattbakkinanger

     

     

    06:57 on

     

    6 April, 2013

     

    Whither the cash strapped scrofulous hillbillies the day

     

    >>>>>>>>>>>

     

     

    If scrofolousness (S) is calculated at an assumed 1 atmosphere, 15°C(T), where Delusional nutcases (Dn), alcoholic journalists (Aj), Laptop Loyalists (LL), then:

     

     

    S= Dn -£22M×(Aj×LL)÷Dn

     

    Scrofolousness is measured in Jakies; √scrofolousness = huns

  5. •-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on

    Good luck to the demonstrators today, Don’t let them either wind you up or grind you down :)

  6. Afternoon bhoys from a sun drenched mountain valley.

     

     

    Good luck to all going to the demo today, stay safe.

     

     

    Will be there in spirit, and watching on the web cam.

     

     

    HH

  7. South Of Tunis on

    BRTH @ 10 08.

     

     

    The Novation thing is of great interest .

     

     

    It has always been a favorite with those who like to make money from selling futures. .

     

    Scratch my back now and I’ll give you a great scratch later CSC —-Way down south.

  8. The Boy Jinky on

    Sons of erin

     

     

    I think that challs set a precedent for lying to con someone. .. hard to see how a tribunal would rule against fransan

  9. I just realised I said “my city” when I haven’t lived in Glasgow for years.

     

    You can take the bhoy out of Glasgow…….

     

    I’ll always be a Glaswegian, and everyone perceives me as such.

     

    Extraordinarily proud of my heritage, and the big part youse have had in reinforcingly restoring it.

     

    HH!

  10. This is most up to date list. Copy, add your name and repost if you are joining us.

     

     

    iki is being accompanied by

     

     

    Doc

     

     

    The Bhoy Jinky

     

     

    BT

     

     

    Johann Murdoch

     

     

    Cowiebhoy &

     

     

    Miss Cowieghirl

     

     

    mighty tim

     

     

    WDH (For WDH Only: join us at George Square then jump taxi)

     

     

    TenMenWonTheLeague

     

     

    Catman

     

     

    FourGreenFields

     

     

    FourGreenFields Jnr (16)

     

     

    Four Green Fields Jnr Jnr (10)

     

     

    Murdochauldandhay

     

     

    MWD

     

     

    Mini MWD

     

     

    Troon Tim

     

     

    daviebhoy1965

     

     

    Eurochamps67

     

     

    Richie

     

     

    Vmhan

     

     

    Neganon

     

     

    Palacio67

     

     

    sipsini

     

     

    gerry123

     

     

    leftclicktic

     

     

    SwanseaBhoy

     

     

    Hamiltontim

     

     

    Jonathan from Perth Aus ✊

     

     

    Minx1888

     

     

    Vale Bhoy

     

     

    Gallagher

     

     

    KevJungle

     

     

    Roy Croppie

     

     

    Timabhouy

     

     

    Gordon 64

     

     

    voguepunter

     

     

    Willy O ,the bold Fenian Mhan (lurker)

     

     

    petec

     

     

    Aidan (12) so no pubs.:)

     

     

    Celticrollercoaster

     

     

    Mrs CRC (if I can persuade her)

     

     

    Caityrollercoaster

     

     

    Deccyrollercoaster

     

     

    Miss Doc

     

     

    Karen

     

     

    Martin (16)

     

     

    Dominic (8)

     

     

    Hail Hail

     

     

    SOAL

     

     

    Fred C. Dobbs

     

     

    BHOYS IN SPIRIT

     

     

    bognor bhouyle

     

     

    Glasgow Dave

     

     

    Frae

     

     

    alibalif

     

     

    Mr alibalif

     

     

    stairheedrammy

     

     

    67heaven

     

     

    Timabhouy

     

     

    Oldtim67

     

     

    dim sam

     

     

    Jungle Jim

     

     

    bamboo

     

     

    Che

     

     

    Shaunbhouy29

     

     

    Dontpatmadug(+3)

     

     

    mic1888

     

     

    The Bhoy from Oz and Junior

  11. .

     

     

    Miki67..

     

     

    Re; Ross Kemp..

     

     

    I Totally disagree with You..and i wish Scottish Celebrities would Highlight the Problem..

     

     

    Ross Kemp is Not Louis Therox..But Hey he Tries..He Did NOT in any Way Slag Glasgow he Slagged Local Government/Authorities….

     

     

    This Problem is in Nearly every Westernised City i have ever been to..

     

     

    When this wa hown in the UK..I Read on FB the Outrage that he Used Glasgow..Jeezo..Iwish there were More People like Him in London..

     

     

    For the Record..I Don’t like his Docos..it was the Subject Matter that Made me Watch it..

     

     

    Summa

  12. A Ceiler Gonof Rust on

    TET, if your still up for thursday I,ll drop you a mail once i,ve sussed out a course. Heading off to glesga airport shortly.

     

     

    Hail Hail the Celts are here.

  13. Unable to make demo or game today however Mrs T and no 2 son in attendance.Hope all enjoy the FAC demo and peaceful stroll to Celtic Park ! Please remember to refrain from any type of goose stepping and robust swinging of ones arms coz it could be deemed as a form of marching lol ! What about a Gene Kelly type of pavement movement now that can’t offend anyone surely ! Am swinging to the game am swinging to the game …. Do do do do do do do do do do do ……

  14. Senor Pablo Diablo on

    MWD – you missed a few late entries on your last.

     

     

    I’m going and meeting a friend at the square, leaving now.

     

     

     

    CQN joins FAC demo Sat 6/4

     

     

    VERY IMPORTANT: Please read this link re. your rights with regards Police and your attendance on Saturday

     

     

    http://scalp.noflag.org.uk/legal-guide

     

     

    UP TO DATE LIST OF CQNers ATTENDEES INCLUDED BELOW- try to keep up and use this. Doh!

     

     

    Doc has organised 2m*3m banner. (Will require £5 from everyone turning up to help cover costs – anything collected over cost will go to CQN charity funds).

     

     

    Demo starts at 12 in George Square.

     

     

    Plan to meet at Gallery of Modern Art (GOMA) around 11:45. Couple of coffee shops in vacinity Costa/Cafe Rouge (sells beer) for early starters. If you miss us there look out for the CQN banner in George SQ.

     

     

    This is most up to date list. Copy, add your name and repost if you are joining us.

     

     

    Doc

     

     

    The Bhoy Jinky

     

     

    BT

     

     

    Johann Murdoch

     

     

    Cowiebhoy &

     

     

    Miss Cowieghirl

     

     

    mighty tim

     

     

    WDH (For WDH Only: join us at George Square then jump taxi)

     

     

    TenMenWonTheLeague

     

     

    Catman

     

     

    FourGreenFields

     

     

    FourGreenFields Jnr (16)

     

     

    Four Green Fields Jnr Jnr (10)

     

     

    Murdochauldandhay

     

     

    MWD

     

     

    Mini MWD

     

     

    Troon Tim

     

     

    daviebhoy1965

     

     

    Eurochamps67

     

     

    Richie

     

     

    Vmhan

     

     

    Neganon

     

     

    Palacio67

     

     

    sipsini

     

     

    gerry123

     

     

    leftclicktic

     

     

    SwanseaBhoy

     

     

    Hamiltontim

     

     

    Jonathan from Perth Aus ✊

     

     

    Minx1888

     

     

    Vale Bhoy

     

     

    Gallagher

     

     

    KevJungle

     

     

    Roy Croppie

     

     

    Timabhouy

     

     

    Gordon 64

     

     

    voguepunter

     

     

    Willy O ,the bold Fenian Mhan (lurker)

     

     

    petec

     

     

    Aidan (12) so no pubs.:)

     

     

    Celticrollercoaster

     

     

    Mrs CRC (if I can persuade her)

     

     

    Caityrollercoaster

     

     

    Deccyrollercoaster

     

     

    Miss Doc

     

     

    Karen

     

     

    Martin (16)

     

     

    Dominic (8)

     

     

    Hail Hail

     

     

    SOAL

     

     

    Fred C. Dobbs

     

     

    BHOYS IN SPIRIT

     

     

    bognor bhouyle

     

     

    Glasgow Dave

     

     

    Frae

     

     

    alibalif

     

     

    Mr alibalif

     

     

    stairheedrammy

     

     

    67heaven

     

     

    Timabhouy

     

     

    Oldtim67

     

     

    dim sam

     

     

    Jungle Jim

     

     

    bamboo

     

     

    Che

     

     

    Shaunbhouy29

     

     

    Dontpatmadug(+3)

     

     

    mic1888

     

     

    The Bhoy from Oz and Junior

     

     

    Embramike

     

     

    Jobo Baldie + mini

     

     

    Gourockemeraldbhoy + jnr + 3 pals

     

     

    praecepta

     

     

    Senor Pablo Diablo +1

  15. Tim Malone Will Tell on

    Just remember – if you get huckled by plod, only tell them your name and senior citizen bus pass number.

     

     

    Stay safe – CQN could be an awfully lonely place this afternoon.

  16. midfield maestro on

    Would love to be at FAC demo, stuck in McDonalds Darling Harbour. Missing my beloved Celtic. COYBIG. Hx2.

  17. roy croppie

     

     

    The CQNers will probably be the auld guys all wearing bunnets sitting at a corner table, each downing a ‘hauf ‘n’ hauf!’ :-)

     

     

    HH!!

  18. Tim Malone Will Tell on

    Roy Croppie

     

     

    One to get everybody started – Jim Traynor is Kev Jungle

  19. Big Georges Fan Club on

    11:24 on

     

    6 April, 2013

     

    MWD – you missed a few late entries on your last.

     

     

    I’m going and meeting a friend at the square, leaving now.

     

     

    CQN joins FAC demo Sat 6/4

     

     

    VERY IMPORTANT: Please read this link re. your rights with regards Police and your attendance on Saturday

     

     

    http://scalp.noflag.org.uk/legal-guide

     

     

    UP TO DATE LIST OF CQNers ATTENDEES INCLUDED BELOW- try to keep up and use this. Doh!

     

     

    Doc has organised 2m*3m banner. (Will require £5 from everyone turning up to help cover costs – anything collected over cost will go to CQN charity funds).

     

     

    Demo starts at 12 in George Square.

     

     

    Plan to meet at Gallery of Modern Art (GOMA) around 11:45. Couple of coffee shops in vacinity Costa/Cafe Rouge (sells beer) for early starters. If you miss us there look out for the CQN banner in George SQ.

     

     

    This is most up to date list. Copy, add your name and repost if you are joining us.

     

     

    Doc

     

     

    The Bhoy Jinky

     

     

    BT

     

     

    Johann Murdoch

     

     

    Cowiebhoy &

     

     

    Miss Cowieghirl

     

     

    mighty tim

     

     

    WDH (For WDH Only: join us at George Square then jump taxi)

     

     

    TenMenWonTheLeague

     

     

    Catman

     

     

    FourGreenFields

     

     

    FourGreenFields Jnr (16)

     

     

    Four Green Fields Jnr Jnr (10)

     

     

    Murdochauldandhay

     

     

    MWD

     

     

    Mini MWD

     

     

    Troon Tim

     

     

    daviebhoy1965

     

     

    Eurochamps67

     

     

    Richie

     

     

    Vmhan

     

     

    Neganon

     

     

    Palacio67

     

     

    sipsini

     

     

    gerry123

     

     

    leftclicktic

     

     

    SwanseaBhoy

     

     

    Hamiltontim

     

     

    Jonathan from Perth Aus ✊

     

     

    Minx1888

     

     

    Vale Bhoy

     

     

    Gallagher

     

     

    KevJungle

     

     

    Roy Croppie

     

     

    Timabhouy

     

     

    Gordon 64

     

     

    voguepunter

     

     

    Willy O ,the bold Fenian Mhan (lurker)

     

     

    petec

     

     

    Aidan (12) so no pubs.:)

     

     

    Celticrollercoaster

     

     

    Mrs CRC (if I can persuade her)

     

     

    Caityrollercoaster

     

     

    Deccyrollercoaster

     

     

    Miss Doc

     

     

    Karen

     

     

    Martin (16)

     

     

    Dominic (8)

     

     

    Hail Hail

     

     

    SOAL

     

     

    Fred C. Dobbs

     

     

    BHOYS IN SPIRIT

     

     

    bognor bhouyle

     

     

    Glasgow Dave

     

     

    Frae

     

     

    alibalif

     

     

    Mr alibalif

     

     

    stairheedrammy

     

     

    67heaven

     

     

    Timabhouy

     

     

    Oldtim67

     

     

    dim sam

     

     

    Jungle Jim

     

     

    bamboo

     

     

    Che

     

     

    Shaunbhouy29

     

     

    Dontpatmadug(+3)

     

     

    mic1888

     

     

    The Bhoy from Oz and Junior

     

     

    Embramike

     

     

    Jobo Baldie + mini

     

     

    Gourockemeraldbhoy + jnr + 3 pals

     

     

    praecepta

     

     

    Senor Pablo Diablo +1

     

     

    Big Georges Fan Club, plus Wee BGFC, plus Princess BGFC

  20. The Comfortable Collective on

    Today’s game will be like a throwback to the ’80’s, with the crowd eagerly awaiting news of another game to see if Celtic are to be crowned champions, although smart phones having replaced the tranny.

     

     

    Not exactly Love St. ’86 I know, but I’m looking forward to news of St. Mirrens winning goal, scored with 3 minutes to go filtering around Celtic Park.

  21. BRTH

     

     

    Excellent piece

     

     

    Green’s bluster may have one for him this time …

     

     

    Hoist by his own petard ..