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.
[calameo code=000390171c1dd95770bec lang=en page=100 hidelinks=1 width=100% height=500]

Click Here for Comments >
Share.

About Author

705 Comments
  1. Pages:
  2. 1
  3. ...
  4. 8
  5. 9
  6. 10
  7. 11
  8. 12
  9. 13
  10. 14
  11. ...
  12. 19

  1. weeminger

     

     

    That’s what you get with TV coverage (quid pro quo) – Wilson/ Loovens.

     

     

    Hansen has taken a pasting post-MOTD for highlighting off-the-ball incidents in the EPL – take the TV money – take the flack!

     

     

    If it was down to me I would dissect every game on a Monday and dish out retrospective punishment – if only to highlight the incompetence of match officials.

  2. weeminger

     

     

    aye Gunning had nothing to do with it at all!

     

     

    Are they paranoid as well noo?

     

     

    It’s catching

  3. THE EXILED TIM

     

    22:17 on

     

    5 September, 2013

     

    I noticed that Jackie Mac didn’t shake Lenny’s hand after the game.

     

     

    ……………………………………………………………………………………………………………………

     

     

    I said the same on here after the game, but another poster said he did.

     

     

    Didn’t notice it myself tbh.

     

     

    HH!!

  4. Praecepta

     

     

    If it was down to me I would dissect every game on a Monday and dish out retrospective punishment – if only to highlight the incompetence of match officials.

     

     

    I have been saying that for years, it’s a very simple thing to do, sort the referees, sort the problem.

     

     

    Over to you Pedro.

     

     

    HH

  5. RobinBhoy - Supporting Wee Oscar and Mackenzie on

    Jackie Mac did shake Lenny’s hand. Lets not crucify a good Celt.

  6. jude2005 is Neil Lennon \o/ on

    Just watched the Tony Watt interview at his new club. He looks like he’s hurting inside but so wd I if id just left the club I love.

     

     

    Come back soon T!!!

  7. TET/ Tallybhoy

     

     

    Jackie Mac has got a long-term chip on his shoulder (see M74/M6 trip to Wolves and his agent DJ).

  8. Sevco will soon have 3 or 4 more directors. Hopefully John Greig and Walter join the gang as well. Hopefully David Murray, Campbell Ogilvie and special guest High Dallas can make a return. If so why does Alistair Johnston and Donald Muir not jump on the bandwagon too ; what about Gordon Smith as hopefully his parents are not taking up too much of his time. OK why not Green & Whyte too.

     

     

    These fine upstanding gentleman have all put one thing first…….yep their own vested interests. Is it any wonder that the club sank without trace as they all extracted whatever was there for the taking.

     

     

    The tribute act is heading the same way with a mixture of spivs and the failed old guard. We could not have invented such an array of characters in our wildest dreams to eliminate the original club. I am already looking beyond the 2nd admin and wondering what parcel of rogues will start the game again.

     

     

    The gullible have parted with their money twice and still don’t know who owns their club.

     

     

    Surprised Jim McColl would get involved with these cowboys, maying he is starting to realise the swamp that awaits and he will quietly exit stage left.

     

     

    Yep Jim that would the smart thing to do.

  9. Celtic get no benefit from the thugs ban he played the full game, I thought the incident with Mikel, I refuse to call it a challenge as he led with his leg out front then jumped, was worse

  10. Back to Basics - Glass Half Full on

    Evening All,

     

     

    For anyone who missed it – the Exiled Tim posted this link earlier today.

     

     

    Totally Hilarious

     

     

    http://img571.imageshack.us/img571/4172/cfcweb1nujcm8r.jpg

     

     

    The author/composer should make a movie.

     

     

    Perhaps call it “Conspiracy Theory” starring Mel Gibson as a New York Taxi Driver.

     

     

    Wait a minute – they can’t use Mel Gibson – he is also part of the timmy conspiracy !

     

     

    Hail Hail

     

     

    Re

  11. Seen this posted – Heh! Heh!

     

     

    The Sevcos have come up with a novel way of deciding who should be on the board.

     

    At the next board meeting Big Peter has arranged a game of musical chairs, played to the tune of “Ye canny shove yer Granny aff the bus”……

     

    The last three sitting on a chair will be announced as the ‘new’ board members.

     

     

    Gawn yerself, Big Peter……….

  12. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    weeminger

     

     

    22:10 on 5 September, 2013

     

     

    Incredible……kicking another player is ‘violent conduct’ whether or not the victim is injuried as a result of the unprovoked assault……. how can anyone try to express sympathy…..only in this Country …….. As witnessed by the ‘shame game’ …….

  13. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    dessybhoy

     

     

    22:32 on 5 September, 2013

     

     

    ….. We get all the refs who have failed their eyesight tests……LOL

  14. Marrakesh Express on

    Latchford

     

     

    I enjoyed that cliche / metaphore laden post about Sevco.

     

    ‘Parcel of rogues’…Burns sums them up nicely.

     

    Nice work.

     

     

    hh

  15. I see that they are doing an”X-Factor”poll on Permarage Media,to decide which version of that “Glasgow folk song”Hollow Hollow should be sung.Below some of the more popular choices16) Hullo, Hullo, we are the Billy boys

     

    Hullo, hullo, you’ll know us by our noise

     

    We’re up to our knees in Rebel scum

     

    Surrender or you’ll die

     

    For we are the Bridgeton Derry boys

     

     

    17) Hullo, Hullo, we are the Billy boys

     

    Hullo, hullo, you’ll know us by our noise

     

    We’re up top our knees in Celtic scum

     

    Surrender or you’ll die

     

    For we are the Bridgeton Derry boys

     

     

    18) Hullo, Hullo, we are the Billy boys

     

    Hullo, hullo, you’ll know us by our noise

     

    We’re up top our knees in Paedo scum

     

    Surrender or you’ll die

     

    For we are the Bridgeton Derry boys

     

     

    19) Hullo, Hullo, we are the Billy boys

     

    Hullo, hullo, you’ll know us by our noise

     

    We’re up to our knees in terrorist scum

     

     

    I really love/hate reading this guff.It makes it all the sweeter when the day comes when they burn and crash.Vermin.

  16. What is the Stars on

    Ah Turkeybhoy

     

     

    So We have had “Irish Twat ”

     

    “Plastic Paddy ” and now this nonsense

     

     

    hmmmm

  17. http://t.co/D3QIwumXt4

     

     

    Jack getting twitchy.

     

     

    Journo Jack

     

    Journo Jack

     

    Journo Jack

     

    and his black and white blatt

     

     

    Early in the morning journo Jack

     

    is blocking

     

    all the sevco bad news in his head

  1. Pages:
  2. 1
  3. ...
  4. 8
  5. 9
  6. 10
  7. 11
  8. 12
  9. 13
  10. 14
  11. ...
  12. 19