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. Feel at a loose end here in Sheffield today

     

     

    Spent the week crunching numbers, working out available resources

     

     

    Couldn’t get it work,

     

    I am in Glasgow in spirit with all my fellow CQNrs,

     

    Stay Safe, Bhoys

     

    And let’s hope we are celebrating being crowned SPL Champions, Again

  2. weet weet weet on

    that tour bus has been there for ages,wonder if the driver parked and joined the demo

     

     

    HH

  3. South Of Tunis on

    Robert Ebert RIP

     

     

    ” No matter what they’re charging to get in ,it’s worth more to get out “

  4. lionroars67 @09:243 thanks for your post.

     

    3 appeal court judges last week upheld the Shrieval conviction of Kevin Maguire. A conviction was for wearing a T-Shirt emblazoned “”INLA” and “FUCK YOUR POPPY REMEMBER DERRY” at a a Celtic Rangers game.

     

     

    This was not brought under the Act.

     

     

    Salmond is desperate for the criminal appellate system to stop at the border.

  5. greengray1967 on

    What great news about Wee Oscar, little man is just pure champion.

     

     

    As for the Green and Whyte show, it just gets better and better. As weve all said before, the gift that keeps giving!

     

     

    So wish I was a the demo and match after but the Irish Sea and work kinda got in the way! There in heart and Soul. For any of you guys at the demo reading this, keep safe, dont let plod wind things up and remember we have won awards from FIFA for good behaviour. HH.

  6. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    NTASSOOLLA

     

     

    I doubt it can be used in court then,as it casts doubt on calibration.

  7. I’m going to guesstimate the attendance at 6,000. One way or the other it was an impressive gathering, it will at least comfort The Green Brigade that they do not walk alone. As for changing the law we can but hope.

  8. ————Forster————

     

    Matthews Wilson Mulgrew Gershon

     

    —–Rogic Wanyama Ledley —–

     

    ——McGeouch Watt Stokes—–

     

     

    Subs

     

    Zaluska Hooper Samaras Ambrose Kayal Izaguirre Atajic

  9. Aye, summa of sammi, I see your point of view re. Ross Kemp and that someone is actually highlighting sorrowful social problems, but I know for a fact there are people working unsung to address the dreadful suffering endured by the vulnerable in a wealthy society.

     

    Kemp may dramatise the issues, but it’s on the level of ‘car crash’ tv, the simplistic Danny Dwyer viewpoint cheap tv documentary.

     

    But I do take your point, and I don’t think for a second I have any answers for such pitiful and painful sorrow of the suffering shown on my nice big flat screen.

     

    Society has become so unbalanced, uncaring. Ir’s heartbreaking.

     

    On that I’m sure we can find common ground.

     

    HH.

  10. I’m watching the webcam but these must be library photos as the sun is out and I can see shadows.

     

     

    S

  11. corkcelt,

     

     

    not sure it even looks half of that. i predicted this morning there would be between 2500 and 3000 and i dont reckon im far off

     

     

    camera distance can be deceptive though

  12. BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS @12:41

     

    “NTASSOOLLA

     

     

    I doubt it can be used in court then,as it casts doubt on calibration.”

     

     

    Ach Bobby. Here was me all excited about the prospect of our city fathers seeing into the future.

  13. hoopy-do there’s software that counts a crowd.

     

    Sevco have a pirate version that has been fixed to times five.

     

    The polis have another version that divides by five.

  14. The Battered Bunnet on

    Looks as if the George Sq webcam is on a continuous loop of earlier images.

     

     

    Not saying it is, just kinda looks like it…

  15. We will wait for eye witness reports hoopy-do. Maybe I’m letting my heart rule my head a bit but I will stick to my figure for the while.

  16. South of Tunis

     

     

    Yes I did!

     

     

    It was not pretty!

     

     

    I would refer you to my post on this thread at 0808 this morning.

     

     

    Buona giornata!

     

     

    HH!!

  17. Wouldn’t it be funny to organise a demo. The polis to mobilise their offensive. And then no one turn up. Or is that just my twisted humour.

     

     

    I mean, do organisers have to provide guarantees of minimum numbers when applying for license?

  18. Funny you should say that TBB but I did get the impression that the crowd grew & shrank in some sort of rotation.

  19. The Battered Bunnet on

    Can’t recall ever seeing a big red tour bus reversing on George Sq, not least as George Sq is a one way system..

  20. BIG-CUP-WINNERS on

    Lets play spot the difference:

     

     

    28/4/12:

     

     

    The authority approved the rally but declined permission for the march on the grounds the organisers had failed to comply with the required 28 days’ notice to hold a street procession.Speaking ahead of the event, Ch Supt Andy Bates, of Police Scotland, said he was “slightly concerned about the dispersal at the end of the rally”.

     

     

    6/4/13: Chief Superintendent Andy Bates, Divisional Commander at Strathclyde Police said: “We understand that passions are running high at the moment and appreciate that people feel the need to demonstrate their feelings.

     

     

    A spokesman for Glasgow City Council confirmed that the procession had been approved to go ahead by council officers at a meeting on Friday afternoon.

  21. Game today possible Title Winner. Fairly dramatic changes by Lenny. Hooper, Izzy & Ambrose dropped to bench and all I’m fixated on is the Demo.

  22. Doesn’t appear to be a large police presence in the square. No doubt the riot squad are parked out of view of the web camera

  23. Looks more like 5000 to me. I counted 10 people at the far left of the main crowd. Used that size x 10 to get 100 people. Then used that size x 10 to get a thousand. And there were 5 of those in total.