Internecine strife, Regan, Ogilvie, Fifa and King

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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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348 Comments

  1. So our squad looks like this at present

     

     

    GK – Zaluska

     

     

    RBs – Matthews & Lustig

     

     

    LBs- Izzy

     

     

    CBs – Mulgrew, Rogne, Wilson

     

     

    CM – Ledley, Kayal, Brown, Wanyama & Ki

     

     

    LM – Samaras & Hooper

     

     

    RM – Forrest & McCourt

     

     

    CFs – Hooper, Stokes & Bangura

     

     

    Now thats 19 (if I counted correctly and didn’t miss anyone out). I expect we’ll probably loose Ki, Wilson and mibbie Sammi. So I’d say we’d need 4 to come in and to supplement them with the bhoys.

  2. Philbhoy and Vmhan , thank you.

     

    I have no problem with you who are going to support Sammi and Greece.

     

    I hope everybody enjoys this tournament. I hope those who are in Poland and Ukraine will be back tto their homes with only great memories.

  3. Philbhoy - It's just the beginning! on

    If Sammi is leaving us I will be very sad!

     

     

    However, if he has a great tournament, the £10million pounds will ease the pain.

     

     

    Considerably.

  4. SSN – Wolves agree fee with Lillestrom for Sigurdsson, the striker we were linked with

  5. up_over_goal on

    Good luck, Cha – a smile that could melt the hearts of donegaldanny and Sydney Tim as they ran through the meadow, laughing at the whimsy of it all.

  6. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    up_over_goal on 8 June, 2012 at 14:55 said:

     

     

     

    Good luck, Cha – a smile that could melt the hearts of donegaldanny and Sydney Tim as they ran through the meadow, laughing at the whimsy of it all

     

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

     

     

    Quel exaj…..

  7. Fantasy football update! Just remembered it after the Euro 2012 predictor, and here is the final league table top 10! I think 250 of us joined, with a number of serious contestants by the looks of things!

     

    1. Destructoron – 93 pts

     

    2. FC Smirnoff – 90 pts

     

    3. Celtic United – 88 pts

     

    4. The Bogatron – 85 pts

     

    5. Third Degree Byrne – 84 pts

     

    6. Tequila Wasps – 84 pts

     

    7. Hampden in the Sun – 84 pts

     

    8. The Dingo Warriors – 83 pts

     

    9. Catmans Celts – 82 pts

     

    10. TEAM FASH!!! – 82 pts

     

     

    Well done to you all, especially Destructoron!!!

     

     

    Special mention to celticrollercoaster, who came 5th from last, and pauls ununited who came last ;o)

     

     

    HH

  8. 67 European Cup Winners on

    KevJungle – “1st Flag on the JUNGLE roof for LENNON’S LION’S” on 8 June, 2012 at 13:03

     

     

    you have my attention today – well said

     

    I agree – I would rather talk about things Celtic

     

     

     

    67ECW

  9. tommytwiststommyturns on

    Zbyszek – my main bet will probably be on France to win the tournament, but how far do you think your boys can go?

     

    Hope it’s a great success for your country anyway. Enjoy the party mate!

     

     

    TTTT

  10. NatKnow - "We welcome the paper-chase..." on

    I’ve not seen the Panorama programme on racism but note that it was broadcast at a point in time when the England squad have significant problems of their own in relation to allegations of racial abuse. Team England seem to have dealt with this potential friction by removing the black guys brother from their squad “for footballing reasons”.

  11. greenjedi

     

     

    Blackman, Ibrahim & McGeouch are all considered first team squad members.

  12. The Token Tim on

    WITS,

     

     

    Im guessing you are looking forward with a wee tad excitement for the Euros and a certain team in particular’s fortunes????

     

     

    ;-)

     

     

    HAIL! HAIL!

     

    Token

  13. Sixteen roads to Golgotha on

    Eire and Polska for me.

     

     

    Think that Russia are a great outside bet @ 20/1.

     

     

    Holland to win it though,but i sincerely hope that i am wrong with that prediction.

     

     

    I can’t have Dutch people anywhere about me.They are not funny.

  14. TTTT

     

     

    Russia is my dark horse of this tournament. I think we can make second place in the group A. If I’m right, we will play against Germany. We drew against them few months back but I can’t see us winning against them,

  15. Sixteen roads to Golgotha on 8 June, 2012 at 15:08 said:

     

    I can’t have Dutch people anywhere about me.They are not funny.

     

    —————————————————————————————————–

     

    Isn’t that weird?

     

     

    austinpowerscsc

  16. Neil Robertson‏@neilrobe

     

     

    From today’s RFC season ticket letter: “be assured… Rangers will always be Rangers.” My gran will always be my gran. She’s dead too.

     

     

     

    Retweeted by Beyond the Waves

  17. traditionalist88 on

    Think Sammi is going to frustrate the life out of some of you by scoring the 2nd goal tonight. And possibly the 3rd. But not the first.

     

     

    HH

  18. Institutionalised corruption permeating every aspect of a country cannot be undone except by revolution.

  19. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    I must say that I don’t think we really go in for JINGOISM in Scotland,and certainly not in Glasgow.

     

     

    Our healthy sense of cynicism ensures that.

     

     

    So I would be a tad dubious about the reception that the Olympic Torch will get there-deserted streets,shrugs of the shoulders,eff-all tae dae wi us onywey?

     

     

    But the organisers aren’t stupid-it’s timed for late-Friday afternoon.

     

     

    The pavements will be packed.

     

     

    Mainly because of the smoking ban in pubs,though………

  20. greenjedi

     

     

    Just thinking that Tony Watt must be considered as part of first team squad as well now.

  21. Stupid huns…

     

     

    RANGERS today posted season ticket renewals for the 2012/13 campaign and have for the fourth consecutive season frozen prices for all adult, juvenile and concession season tickets holders in every part of Ibrox Stadium.

     

     

    In a letter from Charles Green issued to all season ticket holders he assures fans that the consortium he is leading is fully committed to Rangers’ future and praises the fans for their unprecedented support.

     

     

    Green commented: “The events of the last season jeopardised the Club and everyone connected with Rangers is bruised by the experience but we are ready for a new chapter in the Club’s illustrious history to be written in Season 2012/13.

     

     

    “There is still uncertainty surrounding the structure of the Club as we await the outcome of the CVA meeting on 14 June.

     

     

    “However, be assured that no matter the business structure going forward Rangers is and always will be Rangers and with your support the Club will go from strength to strength.

     

     

    “Your loyalty, passion, pride, dedication and True Blue spirit has been nothing short of remarkable and sums up exactly what being a Ranger is all about.”

     

     

    “Rangers has been in existence for 140 years and it will be for another 140 years and beyond, with your continued support this Club will be a force once again.”

     

     

    Season ticket prices for 2012/13 start from as little as £98 for juveniles, £304 for adults and £211 for concessions and there are three easy ways for supporters to renew their season tickets ahead of the 2 July deadline:-

     

     

    • Online at rangers.co.uk by clicking here

     

    • Via the season ticket hotline 0871 702 1972 (option 1 then 3)

     

    • By post – returning form to Rangers Ticket Centre

     

     

    Supporters will start to receive their renewal forms in the post or by email early next week and fans are encouraged to renew as quickly as possible before the renewal deadline of 2 July.

     

     

    All season ticket revenues will be placed in a secure account that will go directly to the Club when the structure is resolved in the coming weeks.

     

     

    Season ticket holders who paid by Direct Debit last season will receive a confirmation letter containing a Continuous Credit Card Scheme application for non-season ticket games.

     

     

    Also incorporated in the renewal pack will be a voting form to allow season ticket holders to register their vote for the renaming of Murray Park.

     

     

    Andy Kerr, President of the Rangers Supporters Assembly, commented: “We all hope the Club is on the road to recovery and, as ever, the season ticket income is vital to running the Club.

     

     

    “We all await clarity on Charles Green’s financial position and I am sure our loyal fans will back the Club by renewing their season tickets.”

  22. I’ve taken Greece 2 v 1 and Sammi 1st scorer @ 100-1, worth a couple of Euro I thought. Probably not a wise spend but if it comes up the kitty will be good for the rest of the tournie

  23. Sixteen roads to Golgotha on

    Raymond van Barneveld – one of the greatest ever bottle merchants in the history of sport.

     

     

    How much money have you cost me over the years Raymond,how much?

  24. fanadpatriot on

    BMCUW.

     

    It is a truly selfish times we live in,how the driver and passengers could not have the decency,to help out a young girl,for a measly 20p,is disgusting.

     

    It is a parents nightmare to think their children could be deserted in their time of need.

     

    I hope the scumbag gets the maximum sentence possible,and then suffers when doing time.

  25. The Token Tim on 8 June, 2012 at 14:46 said:

     

    …….

     

    TTT will do when I get to the pub, waiting for the Oirish to get moving (thumbs up).

     

    Ps sent ye a pic o the Polska top and a fat Bhoy Tim wearing it!