Milanese mistakes, Sevco Annual Return

705

Milan’s mistake with their Champions League squad – they inadvertently included Stephan El Shaarawy in their restricted A List of players, instead of the B List, denying a place in either list for M’Baye Niang, is welcome news. Their squad is strong, with or without Niang, but the oversight lends credence to the notion that a malaise has settled over the club. Director, Umberto Gandini apologised, but already the Milanese are focused on what they don’t have in their armory as a result of the oversight – an excuse for failure is ready made.

I met the owner of an IT company shortly before they went into liquidation and asked him who he had on his board.  “Are you not on our board too?” was his jocular response.  The company had already gone through a couple of difficult years.  With each passing period investors became increasingly concerned; they all wanted a place around the boardroom table, convinced that their gilt-edged experience would be able to guide the company through its troubles.

The chief exec had to cope not-so-much with a boardroom full of captains of industry (which they were), as another pressure group to satisfy, along with clients, creditors, staff and the bank (they may have been weeks from liquidation, but they still had borrowing, this was not a Metro Bank deposit account-only operation).

The chief exec understood the industry and, left to his own devices, stood a sporting chance at survival, but when the boardroom table became occupied by a parcel of rogues the game was up.

On a completely separate matter, I am delighted at the prospect of Paul Murray and John McClelland having a second shot at being a non-executive director of a football club.  Wikipedia’s definition of the roles of a non-exec is worth a cursory glance to indicate why.  They did so well last time.  The others, who it is proposed will share a place at Newco’s table, also appear perfect for the role.  If only Sir David would come out of retirement and join them.

Will one of the many directors insist that The Rangers Football Club Ltd submits its Annual Return to Companies House? Under its previous name, Sevco Scotland Ltd, The Rangers Football Club Ltd bought liquidation assets from Duff and Phelps, and which, according to Rangers International’ PLC’s interim financial statement in March, was incorporated into the PLC’s group.

The Return is over two months late.  Perhaps, with so many directors available for comment, one will be asked by a journalist or shareholder why the company which bought all the assets has not submitted basic information, revealing ownership details. Perhaps not. No hurry, a striking off notice will be weeks away.
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  1. VP KO'd by fearless Oscar Knox on

    Leftclicktic

     

     

    Cheers big ghuy.

     

     

    GaryGillespiesHS

     

     

    To be honest ,,,Stan didny mention ole CQN,I wished him well and all the best for

     

    Sunday.He rushed off to do a press conference… singing ‘eff the sfa and nafos ‘all

     

    the way up hope street.

  2. blantyretim is praying for the Knox family on

    Oldtim

     

    Don’t think the oldyin is going..

     

    Spoke to him tonight and he said he didn’t think he would be there..

  3. TET

     

     

    CRC currently sending me I.T advice – filled it in and dragged it – God knows where it’s gone.

     

     

    Think I have gone easy on a WGS doing (also known as a gallant loss)!

  4. VP-Shocked Stokes never got banned for moving the ball back 4 inches.Paton from DU called him a cheat,CFC should have complained IMO

  5. garygillespieshamstring on

    Vp : cannae believe he disnae mention cqn. Probably lurks on some inferior forum.

     

     

    Banda bing : cheers. Heard the bombers result on reporting Scotland. No mention of gunning though.

  6. leftclicktic oscar in our thoughts on

    THE EXILED TIM

     

    He is still getting annoyed by the stupid deluded ones fae govan. led by the parasite with a twitter account that has backed every landlord that drove a nail into their box, and has now backed mccoll.

  7. VP KO'd by fearless Oscar Knox on

    Bada

     

     

    It will always be so mate.Never going to get a balanced response from

     

    media…

  8. #Fearless Wee Oscar is on a Celticrollercoaster on

    Remember Bhoys and Ghirls

     

     

    First game tomorrow night for predictor is 6pm

     

     

    Get your scores in pronto

     

     

    HH

     

     

    CRC

  9. !!Bada Bing!!

     

     

    Thanks to CRC – was busy trying to upload the predictor and Murray had gone out to 80/1 – by the time I looked at the bet he was out!

     

     

    A but ‘n’ ben saved. :-)

  10. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    If Scotland get anything out of the game tomorrow, it will be down to WGS alone….

  11. So it’s only because the BBC showed Gunning’s kick in the highlights, and talked about it that the SFA took action. Now Dundee Utd have ceased communication with them and banned them from Tannadice.

     

     

    Pathetic.

  12. VP KO'd by fearless Oscar Knox on

    Oh for Heavens sake! not another one? This is getting monota…manoto..mino..

     

    boring.

     

     

     

    Zlatan Ibrahimovic, the Sweden striker, has described the atmosphere at Celtic Park as “the best I have experienced” as three of his former clubs prepare for trips to Glasgow in this season’s Champions League group stage.

     

     

    The 31-year-old has played for Barcelona, AC Milan and Ajax during his career – clubs which will each face Celtic in Group H. The Swede first experienced the atmosphere at Parkhead while with the Dutch club – a 1-0 win in a Champions League qualifier which was played in front of a crowd of 58,575 – and has yet to play in a match which has emulated the experience.

     

     

    “When I played for Ajax we came to Celtic in the Champions League qualifiers,” said the Paris Saint-Germain forward. “When I got out on the pitch I tried to communicate with my team-mates, but I heard nothing. The crowd were too loud to hear anything. It was an incredible atmosphere, probably the best I have experienced.”

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