Green, Whyte, Sevco 5088 and the St Mirren link

1131

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]

Click Here for Comments >
Share.

About Author

1,131 Comments

  1. TCC,

     

     

    If today is anything like Love Street ’86, it will be one of my greatest memories. Mind you, it’ll have to raining and really should be the last game of the season. Vut what a day to be a Tim!!!

  2. got to love Glasgow city council and the police ~ fans against criminalisation and against a bill that goes against one’s human right are told they cant march.

     

     

    yet last year the local government granted permission for ‘sevco now fans’ to march for a club that robbed the government and hundreds of businesses out of about 100 million pounds and openly sing hate songs about Irish/ Catholics etc… every other week

     

     

    The local government also allow openly hate marches just about every week under the banner of culture heritage, would they allow Nazi’s or the KKK to walk under the same banner?

     

     

    Q. a don’t think so

  3. Lost my battle to be at the demo today! Wife’s 50th birthday lunch with loads of family in attendance.

     

     

    Tried to get it moved to tomorrow, tried to make it dinner but to no avail.

     

     

    Will be with you all in spirit. God bless each and every one of you (he has made a good start with weather).

     

     

    Keep safe and enjoy!

     

    AoW

     

     

    Ps. Plenty of pics please.

  4. All the best to the Mhen, Whomen, Bhoys and Ghirls at George Square today. Although I am 300 odd miles away my spirit will be standing shoulder to shoulder with you comrades.

     

     

    On another note – the best news I have heard in donks was the news about our Wee Hero Oscar the other day – what a wee star!

  5. The Comfortable Collective on

    parkheadcumsalford

     

    In the 125 year history of Celtic, there have only been 43 days in which the fans coykd celebrate winning the league.

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

    the comfortable collective

     

     

    11:44 on

     

    6 April, 2013

     

    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

     

    >>>>>>>>>>>>>>>>>

     

    I’ll never forget his rendition of ‘I’ve Got A Lovely Bunch of Coconuts!’ Whilst wearing a very fetching Carmen Miranda number as he announced the Albert Kidd goal at Love St!:-)

  7. Was watching the web cam pictures from the Square of the crowd gathering. Suddenly at 2 minutes to 12, the pictures ceased. Co-Incidence ?.

  8. The Comfortable Collective on

    ‘crushed nuts?’ ‘naw, layringitis!’

     

     

    11:58 on 6 April, 2013

     

     

    Ho, ho, ho.

     

     

    Although we’ve all done it, especially at the weekend.

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

    the comfortable collective

     

     

    12:02 on

     

    6 April, 2013

     

    ‘crushed nuts?’ ‘naw, layringitis!’

     

     

    11:58 on 6 April, 2013

     

     

    Ho, ho, ho.

     

     

    Although we’ve all done it, especially at the weekend

     

    >>>>>>>>>>>

     

    Just the weekend? Amateur!!! :-) ))))

  10. corkcelt

     

    where the link to the pictures the previous link does not work on my laptop

  11. Corkcelt

     

     

    Just like the 7-1 game when the lense cap wasn’t removed which prevented the game being televised????

     

     

    Like u I smell a rat.

     

     

    Anyway just in from Burghbhoy juniors victory this morning and off oot to guzzle a couple o swallies before the bus to paradise.

     

     

    Hail Hail to all at the demo and Hail Hail to the championees !!

  12. iPaddy McCourt on

    On way to demo with Yossarian 67 and a non CQNer. You can bet your bottom dollar the polis will be on beat behaviour in front of politicians, councillors, lawyers and TV cameras.

     

     

    They’re fooling no-one.

     

     

    Hail Hail

  13. I just clicked on an earlier link that was on this blog and I still have the pictures. Not very Computer savvy and dont know how to share the info with ye.

  14. Morning All,

     

     

    To all going to the demo today, be safe and remember you are not only representing yourselves, the GB and every single person harassed and convicted by a crass and vindictive law but also you also stand for every Celt worldwide.

     

    We will not be criminalised, we will not be treated as lesser human beings for supporting our culture and our team.

     

    Walk with pride.

     

     

    Hail Hail

  15. Demo just mentioned on Beeb news.

     

    FAC- “.. an offshoot of the Celtic support..”

     

     

    Hmmmmmmm…..

  16. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    Timabhouy 09:35 on6 April, 2013

     

     

    God bless her majesty

     

     

     

     

    Timabhouy 09:37 on6 April, 2013

     

     

    for producing the love child that is Craig white/whyte

     

     

    ~~~~~~~~~~~ ~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~

     

     

    Haha,effin’ briliant!!!!!!!!

  17. 19LisbonBhoy67 on

    As mentioned on here earlier, D&P required £550k upfront.

     

     

    This figure split 4 ways equals £137,500. Green yesterday publicly states that Whyte transferred £137k into a bank account.

     

     

    Who is the 4 way split between then?

     

     

    Green,

     

    Whyte,

     

    Stockbridge

     

    Earley.

     

     

    I think Green has made a big mistake with this public admission….

  18. I’d say more like 5000 Kayal but its hard to guess it from the pics. They still appear to be coming, It was 12.00 they were starting at, wasn’t it.