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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Starry Plough – thinking about you and your loss.
Also today, remembering John Thompson.
Paul,
excuse my ignorance on these things and perhaps asking obvious questions.
But is it normal practice for a striking off notice to be placed if Annual Return is only a few months late?
By late, I’m presuming this is 2 months in addition to the 10 months to file accounts after their end of year?
Would we expect the return to have the details of who owns the stadium and any floating charges etc held over that?
My gut feeling that they are delaying because they have something to hide feeling ( stating the obvious)
What I’m wondering is whether publising the AR will provide the missing details?
Thanks in advance.
Lawrenzo
the exiled tim @13.07 superb link
im now paranoid that they are more paranoid than we ever were paranoid
Tet.. It’s a tangled web eh! Not intending to waste any time on it……..
Maybe to get Murray and Mr Micawber back on board,thems might have to finally admit the fact of being a new club?
Starry Plough – Really sorry to hear about your Mum, our thoughts and prayers are with you all! God Bless
Paul 67
AC Milan
” the notion that a malaise has settled over the Club .”
Yes ——- that malaise includes there being a dreadful relationship between Berlusconi and the Manager , Massimiliano Allegri .. The latter lives and works with the constant threat of being sacked . .
Yes —–that malaise includes a big fall in attendance . Average attendance at last season’s home CL Group Games was @ 28 k.[Anderlecht / Malaga / Zenit
Yes ——-that malaise includes Ultras holding mock funerals for the Club when Berlusconi punted Ibra and Thiago Silva [ Berlusconi promised the support they would not be sold .]
Yes —–that malaise includes Berlusconi denying that season ticket prices were to be increased and then increasing the prices .
FORMER Hearts midfielder Craig Thomson
was put on a plane back to Scotland after
his prospective new Cypriot club
discovered he was a convicted sex
offender.
The former Tynecastle defender had a
successful trial with second division
outfit AEP Paphos FC and was paraded as
the club’s first new signing of the
summer.
However chairman Christos Glykis said
the club decided not to sign the 22-year-
old.
He told The Cyprus Daily: “This player
did come on trial here but we did not
sign him.
“To be honest with you, his character
was a bit off and he simply didn’t fit in
with the rest of the squad. He was given
permission to tryout with another team
but that too didn’t work out. I paid for
his ticket to return to Edinburgh and, as
far as I know, he is on his way back to
Scotland”.
The near signing of Thompson has
prompted criticism from children’s
rights campaigners in Cyprus.
Cyprus Commissioner for Children’s
Rights, Leda Koursoumba said the
incident pointed to a wider problem of
abuse throughout the island.
She said: “We cannot lay the blame on
this football club or even the police [for
the player arriving on trial at AEP]. This
is an issue that needs to be addressed at
government level and at the House Legal
Affairs Committee because there are no
laws, like the ones in the UK and other
European countries, in which sex
offenders are properly monitored. There
are no laws to protect children from
predators or potential predators in
Cyprus and that is something that I am
continuously trying to challenge.
“It is especially vital that people that
have been convicted of sex offences
against minors are kept away from areas
where they may come into contact with
young children”, added Koursoumba.
“Swimming pools and sports clubs are
such areas where they must be kept
away.”
When the SMSM kept on saying that there was only 10 Million left in the bank that was to hold the followers at bay, I would lay odds that they will be lucky if there is half that and they are trying to juggle the figures and the can not get anyone to sign them off, that place is a fish bowl now back in the day we wouldn’t have had a sniff at the skulduggery that went on in that place, but now we all sit and watch them trying to get back to where they where, and they still do not get it, it is a (well getting closer to it) level playing field now and you have to play to the rules, you are no longer the people (what ever that was ) and you must abide by the rules same as the rest of us do, until then the rest of us will wait on you catching up on the 21st. Cent. ………Lurking Huns, read it and weep. god Bless Johnny Thomsom, and HAIL HAIL.
Paul67..in the event of a striking off.do the assets not resort to the Government?..Hmmmmmm?
Sounds like Milan will have a new manager by the time we play them.Might be best opening fixture we could have got.
Starry Plough
Deeply sorry to hear about your loss.
RIP
I know this is a difficult time right now but hopefully soon you’ll be sitting with your family laughing and remembering the good times and the happy memories.
I lost my father this year (only a few weeks ago in fact) but I had no relationship with him for a variety of reasons but like you it is fresh in the memory. The pain and the shock was different but it is never easy so my deepest sympathies and always remember the good times and the special memories.
Take care pal.
starry
My sincerest condolonces on the passing of your mum.
May she rest in peace.
Thoughts are with you and the family.
Jc2 – “…likes flames”?! Allegedly!! :-)
T4
What the heck is a striking off notice?
NofinancialcloutCSC
Striking off notice?
Mean the books are ok ? Haven’t a clue, shot in the dark.
Or maybe books not ok?
Marius Zaliukas training with Sevco do these people not have advisors,on 2nd thought Shhhhhhhhhhhhhhhhhhhhhhh let them get on with it :))
Anyway it’s nearly 13:40 here in Castlemilk do you think it’s to late for me to hing oot my washing ?
Can I Have Raspberry On That Champions League Ice Cream
http://www.theanswerbank.co.uk/Business-and-Finance/Question206789.html
Till later all
Marrakesh Express
13:05 on 5 September, 2013
Just watched the manager’s post match (SK) interview.
The man has left McCoist standing. The msm portrayed him as a trouble-making ned from the minute Martin signed him. They whipped up a hate campaign which played a role in several serious incidences.
Neil Lennon has moved on despite this extreme provocation, while his one time rival Glasgow manager has gone backwards.
Fat Sally was never anywhere near Neil Lennon in the management stakes. Neil saw off his rival which was the Myth who walked away under the challenge.
HH
gsu
The Moon Bhoys
None so repressive than a converted podium chaser. :0)
Actually, page one has been pretty good after the usual top ten crowding onto the pod…
but see you on page two then.
Starry plough, very sorry to hear about your mammy.
Tom enjoy your weekend and goodluck on monday.
Take care of yourselves bhoys.
YNWA
The current manager of Italy – Cesare Prandelli – has stated that he will stand down after the World Cup finals in Brazil next year.
Current speculation lists – at least – six candidates to replace him:
Roberto Mancini (currently unemployed), Luciano Spalletti (Zenit), Claudio Ranieri (Monaco), Antonio Conte (Juventus), Alberto Zacherroni (Japan), and the, apparent, favourite Massimo Allegri (Milan) who has publicly expressed his desire to take the job.
Not very well renumerated ‘tho – ‘only’ €1.5 million a year.
HH!!
Why is it that all the news stories about McLelland are accompanied by a picture of Alfred Hitchcock?
Looked into that striking off thingie, said something about the IRA, Let me have another look…..oops a daisy……..it’s IRAS, sorry bout that
Good tae see Peter sloss back doing the weather.
Hasn’t changed a bit in 20 years
HH
Striking off .
A Companies Act 2006 thing .
Allows Companies House to remove a Company from The Register
Starry
Deepest condolences on your sad loss.
If ever you had a picture in your mind (well in my mind) of the grand puba in the Masonic lodge then McCelland would be the very chappie, fits the profile to a tee.
The Scottish Parliament public petition which aims to require judges, jurors, tax tribunal panels, etc. to declare their membership of secret societies or societies that discriminate against people of a race or religion is in need of more signatures.
Will you please consider signing?
http://www.scottish.parliament.uk/GettingInvolved/Petitions/judgesmasonregister
Thanking you in anticipation of your support.
H.H.
Starry Plough,
Very sorry to read about your loss.
Bless you all.
Tallybhoy @ 13 46 .
Heard a pundit on the radio this morning-suggesting that Allegri might be willing to pay 1.5 million euros to escape Berlusconi..!
Being bombarded by people trying to off load tickets for Italy v Bulgaria in Palermo on Friday night —– Sorry —Friday is bath night.
Fri. Bath night? Whether you need it or not? Lol.
Club coaches at UEFA forum in Nyon – UEFA.com – http://www.uefa.com/uefa/footballfirst/footballdevelopment/coachingeducation/news/newsid=1990459.html
Neil keeping good company this week.
The rule/law prohibiting McLelland and Murray from serving as directors is nothing to do with the SFA. It’s the law of the land. The Stock Exchange regulators will step in.
This will only confirm to thems the depth of the “tim conspiracy” to destroy their club. I’d like to see their contact chart explaining this one.
BTW, who is our resident mole in the Stock Exchange? As sally would say, “Give us the names.”
Isn’t it great to be a tim? HH
South of Tunis @1400
Will – possibly – watch the match on Friday.
I shall try and stay awake.
Siesta time.
Still quite warm – 31 degrees.
HH!!
Starry Plough
Deepest Condolences on your loss.
Marti