How many times have we warned against internecine strife over the years? No one from outside a football club can really lay a glove on it, any real damage can only be done from the inside. Yesterday was Internecine Strife Day for one of the world’s biggest West of Scotland clubs.
Following on from Stewart Regan’s assertion to the media on Wednesday that an unnamed member of Rangers senior management did not properly disclose the damaging Employee Benefit Trust arrangements to the company’s directors, one of those directors, Dave King, has lodged a £20m claim against the club to compensate for the £20m he invested in shares in 2000.
There are so many acts in play at the moment it is difficult to know exactly what outcome King is hoping for here. The company is broke and at most will pay pennies in the pound to creditors, but Mr Regan’s assertion that some managers did not discharge their duties correctly opens up wide-ranging ramifications for those he referred to.
Regan excluded SFA president and former Rangers director, Campbell Ogilvie, from his allegations but it is unclear where his information came from. Concern is that it may have been directly from Ogilvie and that Regan spoke without an independent investigation being conducted. We hope that the SFA chief executive would not be so foolish as to attempt a cover-up of these matters.
Good corporate governance practices not only reassure the public, they protect chief executives from embarrassing resignations.
His silence on who conducted the inquiry that cleared Ogilvie and established that someone “higher up the chain” hid facts from Ogilvie, and perhaps King, is alarming. The SFA is not an old boys club, we need to know, did they properly investigate Ogilvie’s role or is something more sinister underway?
Who at the SFA knows about the inquiry which cleared Ogilvie? My previously-reliable sources at the Association were not aware the matter was investigated. It would also be good to know if the SFA board received the report that allowed Mr Regan to clear Mr Ogilvie. After all, the SFA are acutely aware of the dangers when important matters are kept “higher up the chain” from board members. What a sorry mess that would be.
I could cynically guess at these answers but after hearing Stewart Regan, it’s perhaps better to establish the facts first.
Let’s hope someone asks Mr Regan and he is able to clear the matter up. Better still, let’s hope someone keeps Fifa up to date with these developments and the ones we covered yesterday – don’t leave it to someone else, make sure they hear from you.
The Herald today listed charges including tax evasion, fraud, racketeering and money laundering against Dave King, but explains why he is crying foul play against the current, previous and potential future owner of Rangers.
In fairness to King, he has seen many obvious pitfalls in the Green proposition, perhaps a bit more internecine strife at the right times would have been better than blissful ignorance.
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TTT-Just got email,good to go,HH.
philvis…,
there is the small matter of scotland potentially being expeld from international competition, a strategy they will have no problem using.
The beaks of the sfa will have no problem playing their part, te board must address this issue.
A statement on the hun is not needed, but a statementy on he intentin of the sfa is.
Philvis
“Best thing to do is just try not to laugh out loud while they march over a cliff.”
Youve left me with an image of wee furry lemming type creatures resplendent in Rangers tops or bowler hats and white gloves plummeting to their deaths.
And Im not supposed to laugh out loud?
Jim Spence @bbcjimspence
“United Chairman also says Scottish football can survive without Rangers and that he is in talks about a new deal for manager Peter Houson
Tokes- of course.
Maks sense tae me, and it maks sense tae Mo.
Zbsyzek -have a great tournament, on and off the pitch.
Bada (and others since I posted the link)
Approved (thumbsup)
;-)
HAIL! HAIL!
Token
PS – Philvis hope i’ve not infringed any CQN copyright there??
Dontbrattbakkinanger on 8 June, 2012 at 14:18 said:
Click on the Greece fans icon top right,you and me against the world.
Zbsyzek
I echo DBBIA’s comment – but watch out for Big Sammi the night!
Take care.
Neil canamalar Lennon hunskelper extrordinaire – I have faith that neither Celtic nor the other taxpaying SPL clubs, nor even the SFA, will allow Scotland to be expelled from international competition.
Sentiment is hardening against the Chancers and the rest of Scottish football is imagining a future without them. (thumbsup)
the long wait is over – They’re like the crack suicide squad from Life of Brian
That showed ’em, huh? (thumbsup)
I think it as sign of the times that the HMRC has already appointed BDO as the liquidator in the event of the CVA failing. This would suggest that the HMRC are not going to go along with the CVA in any fashion. So Rangers will be liquidated, and that will be that.
However, the behaviour of the SFA throughout this entire debacle has been amatuer to put it mildly. Reagan has proved himself to be nothing but a toadie for Ogilive, and surely his position became untenable quite some time ago. What I find most surprising is that people like Paul67 are providing us with revelations on a daily basis. Sometimes several new twists and turns within a day. And yet, throughout all this, Celtic, and the other clubs have been remarkably quiet.
Let’s face it, the decision by the Court of Session to overturn the penalties handed out to Rangers by the SFA was days ago. FIFA, and EUFA were known to be monitoring the situation. Despite this, the SFA have not responded with anything further. Does this mean they are going to do nothing? Do they think think it will simply all go away?
The lack of action by the SPL is also an indication of just how badly our game is run in Scotland.
The entire Scottish game, with only a few exceptions, seems ot be run by cheats, the corrupted, thieves, and swindelers. And all with a veneer of respectability. The veneer has worn through.
The time has come for Celtic to either move to another league, or to lead a revolution to make the game in Scotland honest. Hoping that the SFA/SPL will do this is just a waste of time.
Hail Hail
St Mirren season ticket sales up 15% on this time last year.
Looks like the fans are giving an alternative view to the laptop loyal’s ‘scottish football needs cheats fc’ mantra
Neil canamalar Lennon hunskelper extrordinaire on 8 June, 2012 at 14:18:
The issue is being dealt with next week. Surely we should wait and see what the punishment is before making any comments.
Celtic haven’t made any comments up to this point and things have got considerably worse at Ibrox.
If we comment, they pull together – if we don’t they turn on each other.
‘Angela Merkel thinks we’re at work’ Irish tricolour spotted also on route to Poland!
HH
Dontbrattbakkinanger and Philbhoy
Thank you. Greece have only one great player. One player against eleven can’t win. Can he ;-)
I think I would like to add our Hero Whytey’s signature to my autograph collection.
The man who jacked the hun defibrillator.
“The A-Z Of Why They’re Dead”
http://maleysbhoys.com/2012/06/07/twenty-six-reasons-why-rangers-f-c-1872-will-die/
:)
Kayal33,
That’s probably more to do with the fans’ takeover they are trying to finalise at St Mirren.
But anything showing fans are not running away from the game at the thought of no huns is a good thing.
Glendalystonsils likes a mr whippy with his lime green jelly on 8 June, 2012 at 13:43 said:
They are hanging on to the edge of the cliff by their finger nails and here comes hector with a pair of nail clippers.
~~~~~~~~~ ~~~~~~~ ~~~~~~~~~~~~~~~
Sod that. Hit those fingernails with a good,old-fashioned baseball bat.
The Token Tim – I invented the (thumbsup) and it is my gift to the world.
My only modest hope for recognition is that I should be immortalised in a great work of art.
Perhaps they could repaint The Creation of Adam in the Sistine Chapel to show God giving the (thumbsup) to Adam. (thumbsup)
VP -good to see so many Engerlund supporters in the ole group.
it’s ole Dick Byrne’s confident assertion that I know ‘nothing about football’ so I’m hoping to prove him right.
Afternoon Celts Que pasa?
Polska CSC
BhoyinEngland
Good post. Can’t argue with any of that.
Hail Hail
Away to the shops.
Why is there not a law written down somewhere
that says men don’t need to go shopping?
Ambivalent about the night. We have our links with Poland.
Then we have Sammi.
I guess when push comes to shove I’ll be rooting for Greece.
Sorry Zbsyzek.
DBBIA/Philbhoy,
Big Sammi currently 18/1 1st scorer today with Betfair………
Sorry Zbyszek!
HAIL! HAIL!
Token
Zbyszek
My sister married a Polish lad, name of Chernovsky.
He’s a decent lad, so I can’t lose no matter who wins tonight, if you see what I mean.
At Tynecastle a young man came out of the crowd and assaulted Neil Lennon the manager of Celtic. He was arrested and charged accordingly. He went to court where he pleaded guilty to assault… the jury found him not guilty.
The jury (of our peers, and his) FOUND HIM NOT GUILTY.
What if Campbell Ogilvie pleads guilty? He is not just another ned in a crowd, will he be found guilty of breach of the peace too or will he be found guilty of jaymanagement.
Hope Big Sammi plays well, and maybe even score (though he’ll probably not), but I’ll be cheering on the Poles and the Russians in today’s games. Hope both qualify.
Perhaps Chas Green Esq has paid CW £2 for a short to medium term loan of his shares with an agreement that sees CW take a percentage of the interest on the £8.5M loan over the 8(?) years that the loan has to run. They get the huns up and running and flog the whole lot in 2020 or earlier depending on how things pan out. If the huns are saved the orcs will have forgotten the pain and and anguish agent Whyte caused them and all it cost Craigy boy was a not a single penny, up £1.00 on the deal, providing Ticketus don’t shaft him.
Funny how the huns can be bought and sold for either one or two pounds or, if your Minty, for nothing.
I still think Hector will sink them in their own liquid!
Hail! Hail! PMTYH
Zbyszek as promised, I’m wearing my Polska top in Ireland ( thumbs up)
It’s just good to have some football to talk about over the next few weeks.
CHA DU RI has signed for Fortuna Dusseldorf after spending nigh on two years with the Hoops.
The German-born South Korean internationalist returns to football in the land of his birth after making 44 appearances for Celtic, during which he scored twice.
Everyone at the club would like to wish Cha every success in his future career.
Many thanks Cha!!!
Celtic fairly free up a wad of wages. I hope Neil is allowed to put it to good use.
Celtic right now is were Green wants rangers to be in 5 years.
The pain is just beginning for the stupid huns…
Civil war ain’t so civil, one will die and the other will carry the wounds forever more.
Departures so far….
Cervi, M.Wilson, Cha, Majstorovic, O’Dea, Juarez, McGinn & Towell gone or released.
Loovens, Rasmussen, Thompson & Murphy on the way out
Bets for today,
Big Sammi 1st scorer @ 18s
Poland/Russia Dbl @ just over 4s,
Draw/Draw today @ 8s
Pavlyuchenko 1st scorer @ just over 8s.
there’s my additional interest in the games!
HAIL! HAIL!
Token
vmhan,
pic on FB please ;-)
HAIL! HAIL!
Token
Kayal -we’ve freed up a lot more money than the cash-strapped Hillbillies [IA].
D and P seem to be struggling to understand what being in administration involves.