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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HH
Sevco are the wildebeest supping water at the calm waterhole, all the while not noticing the eyes of the Craigycrocodile but 2 ft away!!!
Getting closer,closer…….
BOOOOOM
James Forrest…
10 outta 10 for that article, fella
A really good read and recommended for anyone on here who hasn’t seen it already
Brilliant summary.
it seems like just yesterday that jabba the hun was announcing that he was going to write a book about the rangers fall from grace and subsequent re emergence
I wonder what made him think the story was over
if he didn’t know the story wasn’t over, then frankly, he didn’t know nearly enough to write a book about it
The moon bhoys , because the considered opinion is that the bhold Jon will spend more of next season on the treatment table (sans physio) than on fields of green
Listen to Keevins & Co still tell us to get Vipers Nest FC into the SPL.
North Korea couldn’t do worse than the mingin’ zoot suits running our game.
At least they can hurl almighty bluffs.
Our overseers just endlessly fall off cliffs they built themselves.
Lemmings on acid.
Green and Whyte in court battle!!
[pesky tims!!!]
Not an ounce of sympathy for McCoist from me
Ratbag coward
My Dear Kojo….
Would You Consider It A Pragmatic Move..
To Postpone The FAC Demonstration….
Scheduled For Tomorrow Afternoon…..?
With Sevco Not Playing Until Sunday…
There Will Be A Lot Of Very Angry Huns Around…..
Not All Of Them In Strathclyde Police Uniform….
With All The Fresh Tribulations Visited Upon The Huns…..
It Would Be Foolish For Celtic Fans To Risk Being Caught Up In An Incident..
Contrived….Or Otherwise….
Which Would Shift The Focus Off The Fresh Troubles And Disarray..
At AsbestosDome……And The Corridors Of The SFA….
Especially On A Day When Celtic Have A Chance Of Clinching The Title….
Too Much Ice Cream & Jelly…..
For Just The One Day…
Leave It To The Enemy…….
To Make The Mistakes…
“BBC Scotland has obtained documents, text messages and secret recordings which may cast doubt on Green’s claim that Whyte had nothing to do with the deal to acquire the assets.”
No another prima facie case? We know how the last one went.
Vmhan
17:32 on
5 April, 2013
Afternoon Celts I’m at George square, been waiting here since 120clock ☕
———-
the braeside bus goes from kilblain street now.
I too have NO sympathy for Sally. And would not be surprised if he knew exactly what was going on ALL ALONG. How many shares was he given? No I dont believe he paid a penny for them. He was bought, why didnt he endorse the Paul Murray bid? Or the souness/Kennedy bid?
The Rangers, shafted by one of their own.
Such fun.
The Rangers, shafted time after time by one of their own.
sannabhoy – injury prone – hadn’t heard that, in which case better their treatment table than ours.
Off Topic.
Now is a very good time to sell shares. Be Bold, Capitalise and sell at the markets height and then Capitalise and Buy them Back when the market depresses.
Brutal honesty is feasible.
I took advantage of the high market price this week. I’d advise everyone to cash in if their company shares are abnormally high at the moment. If you believe in that system you will have x times as many shares when you go to buy them back in the future.
http://www.youtube.com/watch?v=S9s5R8uSoq8
Sympathy for the Devil may be, but McCoist! Not going to happen on here anyway.
JF great read.
Saint pity any sevconian getting shafted by Sally , two ton of dynamite and a two inch fuse and all that.
Sympathy for McCoist????
Yer havin a laugh, surely…..naw really, ye are int ye…..Cmon be serious, yer just messin…..
Hamiltontim
just re-read my comments to make sure I am happy that I do not appear to be a Sally sympathiser…….feeling happy , and stand by my comments.
Sevco’s Green an Whyte.
“He says he has tape recordings of Imran and me saying that he is Sevco 5088. Which is all true.”
“What we had to do at the start was get the confidence of this guy for him to give us the shares”
“We told him what he wanted to hear. Imran told him because we needed to keep him sweet to prise the club away from him.”
BOOM!…..And goodnight Chuckles, it’s been a ride.
miki67
17:45 on 5 April, 2013
http://www.youtube.com/watch?v=9fPYyoY49Bc
parallel Universe.
James Forrest
Great article
This really is pure dead brilliant.
Im so excited by today’s developments I don’t think I’ll sleep tonight.
Is Ally an innocent pastie in all of this???
Ghuys n ghals
You do know that by 8pm this evening that SEVCO story about Glasgow’s Green & White will not have ever actually occurred!
MWD
Just catching up on the latest Green & Whyte fiasco and thought of the following film: The Ipcress File!
From Wiki:
Deighton’s protagonist is nameless; this is maintained through all the sequels (although later in the series called “Charles”).
WOOC(P) is a small department and the nameless hero (Harry Palmer) has a great deal of autonomy. He is also quite paranoid, keeping an “escape package” containing money, a false passport and other documents circulating in the mail. Once a week he picks up the package from an accommodation address, a seedy London shop, and re-mails it to that address in a fresh envelope. He is also a gourmet who enjoys good food.
The plot involves mind control, the acronym IPCRESS of the title standing for “Induction of Psycho-neuroses by Conditioned Reflex under strESS” (or brainwashing of the hordes for short). :-)
Absolutely no word on the Sevco shenanigans on Shortie sports news.
Are they for real or just hurting Huns in denial?
The Honest Cover-up 17:38 on 5 April, 2013
“There seems to be a few folk feeling sympathy for McCoist.
“It’s worth remembering that he only started drumming up support for Green after Chucky handed him a big pile of shares (£500k worth)
“McCoist is certainly as thick as a pound of mince and maybe he didn’t know what Green was up to but he is as greedy as any of the spivs involved in this. That’s why I don’t have an ounce of sympathy for him.”
Ally Absolutely is certainly not ‘thick’. Sleekit. Yes. But behind the old joker act he is extremely calculated in his dealings.
Still, he’s a totally shite manager. And he deserves every misfortune that comes his way.
Keevins will bottle every Sevco question,too early to say this and that,legal minefield blah blah
googybhoy ♥ Celtic18:08:
Having just watched him on STV, I would say he resembles that remark…:)
Keep the Faith!
Hail Hail!
Hail hail on a brilliant sunny evening in Glasgow!
Did anyone notice the item on the news before SSB – the one about HMV coming out of administration and therefore being able to use the Nipper the dog logo?
Delusional hyper ventilating hun first on SSNB tonight….
If you were able to pick the main contributors to this fiasco at the asbestosdome you wouldnae want to replace any of the existing idiots.
Anyone know how chuckles transferred the body parts of Rangers (IL) from Whyte’s Sevco 5088 to his Sevco Scotland ?
That’s the bit I don’t get – how did he not need Whyte’s signature ?
Hamiltontim
17:59 on 5 April, 2013
Would you have sympathy for the Queen?
Oh My God what a horrendous job she has. She is a human being after all, nothing more and nothing less.
I will never ever take on a Leadership role, purely because I am always in two minds about one thing.
http://www.dailymail.co.uk/news/article-508238/What-butler-Paul-Burrell-said-Queen-Prince-Philip-Charles—himself.html
We are INSTRUCTED to pray for our Leaders, whoever they are.
Shortbread first talking point-a nice flat pitch at Inverness tonight……..bbbbbwwwwwwaaaaaaa
Christopher Biggins to at Ally in the film about Sevco.