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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705 Comments

  1. calabam

     

     

    Yes, you are correct they have, – but only a European nights to support UEFA, SKY yada yada, yada – and they have, because it suits.

     

     

    But unfortunately we have Sky Scotland which is a different animal with a parochial slant.

  2. Bournesouprecipe

     

     

    My son showed me the vile tweets and threats issued to him today. He needs support from fellow journalists and the broader football community. His only crime is truth.

  3. Neil Lennon & McCartney on

    Dutch MP claims Gareth Bale’s Real Madrid transfer was bogusly financed by bankrupt Bankia

     

     

    On the first of September 2013 the Spanish football team Real Madrid made public its acquisition of Gareth Bale, for a record price of 100 million Euros. Real Madrid has a debt of close to 600 million, financed in large parts by Caja de Madrid, a regional bank which is now part of Bankia. Bankia, a bank recently saved through the ESM for no less than 18 billion Euros, now backs this purchase by Real Madrid as well. Certainly these European funds cannot be used as a backstop for these unsustainable practices.

     

    Is the Commission aware of this situation and if so, how is it going to respond to European taxpayer’s money being used in such deals?

     

     

    http://djeppink.eu/en/blog/real-madrid-bale-out#sthash.sHEuDvWm.dpuf

  4. Neil Lennon & McCartney on

    Detergent and Bargain Hunters Kept Away

     

     

    Interim director Gaston Sporre is pleased that SC Heerenveen topschutter Alfred Finnbogason has preserved. The IJslander was in the interest of various clubs, but its price tag of ten million euro showed a large obstacle for the interested parties.

     

     

    “To our supporters, fans and sponsors, this is a clear signal that we want to make our sporting ambitions. The supporters are as far as I am concerned, the big winner”, says Sporre on the website of the Frisian club. “It is around Finnbogason a few days hectic. That is why it is good that we have a clear line in the sand drawn, that has worked detergent and bargain hunters kept away.”

     

     

    http://www.fcupdate.nl/voetbalnieuws/241584/sporre-het-was-hectisch-rondom-finnbogason/

  5. Im no oan here anymore but had a wee look in.

     

     

    Always loved Jackie as a player. Not the best but great effort, and in truth not that bad. Play in any position. On song Id have him in team every game. And Captain. Off song Id still have him on bench to come on and stiffen and cajole others. As manager of our opponents I dont really give a feck what he says. If he was a pundit that might change (Provan).

     

     

    Not seen the whole debate but the boy who posted the versions of the Billy Boys i thought was just showing what the huns are trying to do to get the song reinstated. They feel they are on a high (stupid huns) cause they got away with all sorts a coulple of times last season. Queens Park I think being one. To them it establishes precedence that they couldnae get done now.

     

     

    Even if the guy who posted, and id give him benefit of doubt, is a rancid hun getting his rocks off by posting bile lyrics on here, who actually gaf. Just shows them, yet again to be feckwits. Hun sites are debating how to get a song about a murdering fascist strike-breaking scum from 80/90 years ago back on there songsheet. That in itself is depressingly relevant, especially when apologists say a reformed, Third Rangers would be good for Scottish Football. Probably better they debate that than the pantomine board clusterfeck going on. Get yer weans Xmas money saved, cos surely this time the money will go to the Big Hoose rent.

     

     

    Anyway, hope you are all well. Greetins from Partizan Wansbeck. Hun free (but helluva loads of Geordies)

  6. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS forza Oscar and Mackenzie on

    PARTIZAN

     

     

    Good to hear from you-life still treating you well?

  7. bobby murdoch,

     

     

    Thanks mate, lots of tribulations. Getting married next year. But fiance has badly hurt her back so having to move to bungalow. Nice enough but not really what we would have choosen. Still, in comparison to the mess Id been making of my life, things are not bad at all. Absolutely no chance of getting to games just now. Just me faithers mate texting all the time how he hates Lenny. I reckon its just a case of a good Celtic man who reads and falls for the MSM guff. So I slag feck oot him :) . Silver linings. Hope you and all the other folk on here I used to talk to re still good. Hamilton Tim Celtic First SwanseaBhoy but many others. Oh and Im aff the swally 2 and half years.

  8. Sincere condolences to Starry Plough, Mums are so Very Special, it is a common denominator really for All on CQN and throughout Gods creation.

     

     

    Tom, I hope you are back on song, on the blog, right as rain, as soon as possible. Mrs GCT obviously Loves you dearly and you are Blessed indeed.

     

     

    HH and I hope it all goes well for you m8ty.

  9. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS forza Oscar and Mackenzie on

    PARTIZAN

     

     

    Aye,I knew you had kicked the demon drink,and congrats on that. Two-and-a-half years,I wouldn’t last two-and-a-half days (not kidding either)

     

     

    SB not posting too much these days,but I reckon you’d remember most of us!

     

     

    Congrats also on yer upcoming nuptials. Some change in your life in those thirty months….

     

     

    Hope yer lass’ back improves,mate. How else is she gonna carry you over the threshold?

     

     

    Post more often,that way your Dad’s views will be tempered by those of us who appreciate Neil more. Though we reserve the right to question him,of course!

  10. Partizan

     

     

    02:12 on 6 September, 2013

     

     

    bobby murdoch,

     

     

    Thanks mate, lots of tribulations. Getting married next year. But fiance has badly hurt her back so having to move to bungalow. Nice enough but not really what we would have choosen. Still, in comparison to the mess Id been making of my life, things are not bad at all. Absolutely no chance of getting to games just now. Just me faithers mate texting all the time how he hates Lenny. I reckon its just a case of a good Celtic man who reads and falls for the MSM guff. So I slag feck oot him :) . Silver linings. Hope you and all the other folk on here I used to talk to re still good. Hamilton Tim Celtic First SwanseaBhoy but many others. Oh and Im aff the swally 2 and half years.

     

     

    _____________________________________________________________

     

     

    It is Great news to hear things are (actually) going well for your Fine self, old chap. The old devil wants you back where you were, so he is chucking obstacles continuously in your way.

     

     

    Stay Strong.

  11. Thanks Petec,

     

    It aint the devil though, it’s just me and my battered mind and body. It’s only me that can make choices. Spent 30 years making the wrong ones, so need to be aware. But it aint God or the Devil that;s made the right choices these last 30 months. That’s been me. Same fella that made all the bad ones.

  12. Morrissey the 23rd on

    Saint Stivs @ 15:02

     

    did ASA every come back with their findings ?

     

     

    Basically they said they asked Traynor and he said it was fine but then they would actually investigate it. So Sevco withdraw the claim. Result. Sevco cannot claim to be the most succesful club.

     

     

    Auldheid @ 19:13

     

     

    Time for a reminder.

  13. Partizan

     

     

    02:46 on 6 September, 2013

     

     

    Thanks Petec,

     

    It aint the devil though, it’s just me and my battered mind and body. It’s only me that can make choices. Spent 30 years making the wrong ones, so need to be aware. But it aint God or the Devil that;s made the right choices these last 30 months. That’s been me. Same fella that made all the bad ones.

     

    _____________________________________

     

     

    A Brutally honest answer, I Love that. I am of the same kind of mind, anything that has went wrong in my life has been my own fault, it took a wee while to realise that. BTW life was perfection before I was enticed into these fruits. My first Girlfriend was the perfect person but I really messed it up…. I wanted to go and hear this at Clubs and Pubs Metro Party People.

     

     

    All these Liberal programmes, Mass Mind control Shows, saying you should play the field etc……

     

     

    The Family Unit has been systematically destroyed.

  14. I’m not fond of this time of day. Nobody to read (or talk to). That’s what happens when you live on the other side of the world. This internet machine is the best invention ever.

     

    I’ll be back lurkin again tomorrow. Slow typer me. Can’t talk too fast so this is probably the best time o the day for me. Any insomniacs out there?

  15. The big thing was, I wanted to go and hear it every Saturday. There is a story behind this story and Joanne was with me at that Very first visit to the Metro and looking back, I know now how Dark and Mischevious the Devil is, and Ultimately powerful, unless protected by Jesus Christ.

  16. mungolian bhoy

     

     

    Here check this oot as Obama readys himself to bomb innocents.

     

     

    Bohemian Grove

     

     

    Imagine Putin set up a Foundation, Gorbachev, Raisa, Gates, Earth Summit, MAURICE STRONG, Rockefeller.

     

     

    Distribution of Wealth, Globally, will only be WAN way, really.

     

     

    snookered.csc

     

     

    Political correct activists are probably highly paid for being the SCUM of the Earth, excuse my French.

  17. A Roman Catholic as well.

     

    My Views are very clear, Jesus Died to take away the Sins of Every Wan of us sinners. That is FundaMENTAL.

     

     

    It is never easy to tell a Parent they might be wrong, and that was because Dad was watching the Ancient Alien PRopaganda, He is retired and is being fed this sky/Virgin shit and despite him being old it is likely to sink in as being Truth.

  18. ~Moravcik Magic~ on

    Sevco have perfect justification to claim to be

     

     

     

    “The most successful club”

     

     

     

     

     

     

    just don’t forget to append “… ever to go into liquidation !! “

  19. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS forza Oscar and Mackenzie on

    Latest 4-4-2 has an interview with Alan Stubbs.

     

     

    “If I had a choice between an England cap and Celtic,it would be Celtic. I loved it there”

  20. Is that the correct spelling for deid ? I usually say dead because I am in North America (Canada) and most people don’t know “deid” I believe (in celtic) therefore I am.

  21. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS forza Oscar and Mackenzie on

    MUNGOLIAN BHOY

     

     

    That’s how I spell it,but since I am from Kilwinning,I could be wrong!