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. blantyretim is praying for the Knox family on

    Vp

     

    You could have asked him to sign your willie wallace book..

  2. Paul – I assume that my email shows up to you as a registered user?

     

    Could you do me a huge favour and email me as I’ve got a question I’d like to ask you in confidence.

     

     

    Thanks

     

    JamesGang

     

     

    PS – to y’all. It’s not:

     

     

    where do babies come from?

     

    tell me about the bad old days when the forces of darkness XI still existed?

     

    why do CQN-ers argue so much when the club’s on top?

     

    I have a rash….

     

     

    Nothing like that!

  3. There is something magic on this site on a day like this.

     

     

    For all our differences we form a huddle round Starry Plough.

     

     

    Lean on our shoulders Starry we will help you through the loss of your Mam.

  4. blantyretim is praying for the knox family

     

     

    20:29 on 5 September, 2013VpYou could have asked him to sign your willie wallace book..

     

    VG

  5. VP KO'd by fearless Oscar Knox on

    BT

     

     

    I could have asked to sign my book …if that wee fekr fae the Calton(no u Calton

     

    tongues another wee fekr) had actually returned it.

     

    That’s the last thing I buy from CQN ,you hand the cash over and get nought in return

     

    ……a wee bit like a hun share issue.

  6. NatKnow - Supporting Wee Oscar on

    leftclicktic oscar in our thoughts

     

    17:37 on

     

    5 September, 2013

     

     

    Appointment with a inquisitve nurse at hospital tomorrow :))

     

     

    1st Movi-prep drink finished one to go,

     

     

    I may be popping in & out tonight folks .

     

     

    Ps I’m starvin, starting to look at the grandweans arm and picture it spinkled with salt & pepper.

     

     

    Haha! Totally bust out laughing there! Cheered me up no end. Best of luck for tomorrow mate.

  7. Saved the link below off twitter last night to use as ammo against the dumb Huns when they come their denial nonsense during pub ‘debates’ (these usually end up with me laughing, shaking my head and just saying ok aye, sarcastically)

     

     

    http://touch.fifa.com/worldfootball/news/newsid=1977017.html

     

     

    Pretty conclusive I think.

     

     

    Anyway, what about helping our deluded cousins with their words and writing by constructing a formal letter of complaint regarding the lies (tee hee) and misrepresentation of the facts in the article. We could make it hunnishly provocative, and just wait for the official reply. Then try to get that reply mainstream.

     

     

    Could it work? Could we get some truth printed? Who knows?

     

     

    KC

  8. blantyretim is praying for the Knox family on

    VP

     

    I told oldtim he was paranoid when he told me HT was ignoring him.

     

    I sent him a text when I said this morning, still bo reply…

     

    Bad bhoy ole HT..

  9. VP KO'd by fearless Oscar Knox on

    Doc

     

     

    I just caught that…….just because I was a metrosexual before that David Beckham

     

    had bumfluff………….detect a hint of jealousy there?

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

    the exiled tim

     

     

    15:33 on 5 September, 2013

     

     

    ….as per my moniker…….is evidence now emerging that they don’t own ipox ? C’mon, make my day,TET……

  11. SUNNI CAMLACHIE on

    My wife asked me how many women i have slept with, “only you ” i replied ,

     

    the others kept me up all night making love,

     

    So as she is throwing my clothes out of the window, she wishes me a slow and painful death,

     

    I said to her “so you want me to stay now”

     

     

    Happy Celticing

     

     

    GBWOK

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

    Haven’t read back ……what’s the latest with sevco’s late acconts …….

  13. Just got my hands on my All Ireland ticket for the final on Sunday,

     

     

    Oh Rebels here, Rebels there

     

    Rebels every f***ing where,

     

    and we love you, we love you, we do.

     

     

    Come on Cork.

  14. leftclicktic oscar in our thoughts on

    VP KO’d by fearless Oscar Knox

     

     

     

    20:45 on 5 September, 2013

     

     

     

    BT

     

     

    I could have asked to sign my book …if that wee fekr fae the Calton(no u Calton

     

    tongues another wee fekr) had actually returned it.

     

    That’s the last thing I buy from CQN ,you hand the cash over and get nought in return

     

    ……a wee bit like a hun share issue.

     

     

    _________________

     

    Again sir you succeed in making me laugh :))))

  15. 67Heaven

     

     

    No can do sorry, jst thinking out loud, was wondering about who is fighting with who over what.

     

     

    I reckon your moniker will be proved wrong, sadly, the creditors haven’t a hope in hell of getting their money back, or even a small % of it.

     

     

    The spivs have carved everything up.

     

     

    HH

  16. leftclicktic oscar in our thoughts on

    Jim Spence ‏@bbcjimspence 1m

     

     

    Quite a 24 hours for me. Now Dundee United inform me that BBC and me are not allowed any interviews……

  17. garygillespieshamstring on

    Vp

     

     

    I don’t suppose Nafos is up there with you in stan’s top ten cqn posters? :)

     

     

    Would stan’s moniker be notafanofnafos?

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