It’s not often CQN quotes the Daily Record, so hold onto your bonnets……….
Most of us have been watching the old media/new media for years. Actual news is now well and truly in the domain of the new media but when it comes to some matters, the authority of the old media seems to be greater than the new.
Think back to those scenes at Inverness last year when Jelly ‘n’ Ice Cream was given its first outing. That reaction came after the Daily Record put their weight behind the notion that many of us had been saying for weeks/months/years, that Rangers were going out of business. It wasn’t actual news, everyone had heard the same stories many times, but when the Record went on-record, the remaining doubters were convinced.
Viewed through this prism, when today’s Record raises the spectre of police and liquidator action, even the most sceptical must know things are serious. This morning they urge Newco’s chairman Malcolm Murray to:
“Tell the stock market his board understands the explosive nature of Whyte’s claims and that they are on top of their duties. He should order his own investigation, hire independent accountants and lawyers to examine all evidence, while co-operating in full with the police and with liquidators BDO.
“That’s the kind of decisive action Murray should be taking this morning and I suspect it’s precisely what he wants to do. But if he does not emerge at some point today or tomorrow then it means he is being undermined by his fellow directors who have baulked when implored by him to do the right thing.
“His allies – if any – should go with him because if they share his concerns but fail to act upon them they too risk massive reputational damage. Maybe even worse than that if the police become involved. That’s how serious the situation has become”.
The allegations made by Craig Whyte last week are more serious than any charge previously levelled at a football club board in Scotland, infinitely more serious than what has been alleged about Craig Whyte, Sir David Murray or Campbell Ogilvie. They have, of course, come from a man who has been shown to be liberal with his use of facts, but they have been made about Green, who has admitted he tells people what they want to hear in order to get his way.
The Record have also realised the consequences of Green and Whyte colluding during the administration process:
“Green was eventually allowed to pick up the club’s assets for the paltry figure of £5.5m. A deal agreed with Duff and Phelps which excluded rival bids from any other party.
This was as unfathomable agreement that may have cost creditors millions – and which was triggered the second Green’s group stumped up enough money to secure preferred bidder status.
Now it has been further claimed that in order to help scramble that deposit together, Whyte dumped £137,500 into an account belonging to Ahmad’s mother.
Again, this will be of great interest to the authorities because, essentially, this was the very moment Green and his backers were given a clean run at picking up a £50m business for a pittance.”
Newco’s independent non-executive directors, including the chairman, are in a difficult position. If they were not previously aware of the collusion between Green and Whyte they may be of a mind to resign, but as non-execs, it was their job to look after the interests of stakeholders before the smelly stuff lands, which they have clearly failed to do.
Scottish football has had a troublesome couple of years as it prepared for and dealt with the consequences of the liquidation of Rangers. Unless Whyte’s claims can be proven to be without foundation, and unless BDO take a kind view of Charles Green’s agreement with Craig Whyte, the months ahead will at least provide some finality. Stewart Gilmour at St Mirren will have a great deal to think about ahead of his board meeting on Wednesday.
Just think, without so many people backing Charles Green the ‘Rangers’ brand could be in the hands of Brian Kennedy right now! If you see someone preaching the gospel according to Charles Green, don’t try to undermine their faith.
Photo by Vagelis at Biglens
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ggh
Matt McGlone has put on twitter, according to a good source, we are at home to ict.
Weefra HH
garygillespieshamstring
20:34 on
8 April, 2013
Selling of the Council housing lead to a reduction in social housing available, which in turn lead to the bedroom tax, which in turn will lead to the downfall of another Tory Government, go Maggie.
che
20:31 on
8 April, 2013
Please tell me greengo did not play the no surrender orange card!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
He actually DID, a few months ago, and the LL laughed it off …… Held mend them….they are heading for a fall….the whole bunch o’ them…..
I’m a Yorkshire Man!! Chuckles is like a hilarious Harry Enfield character.
Sipsini
Just home from graft at 8pm… heard about the party in geo sq… but my belly asked for fillet steak… chips.. washed down by the champers that’s been chilling since 14th feb 2012… when I quaffed the special reserve I had for year’s.
Gotta big chocolate cake… and red stripe too.
Rot in hell witch
asonofdan
You mean this one
http://m.youtube.com/index?gl=GB&hl=en-GB&desktop_uri=%2F%3Fhl%3Den-GB%26gl%3DGB
http://www.guardian.co.uk/commentisfree/2013/apr/08/margaret-thatcher-death-etiquette
weefra Cheers. The lost weekend beckons.
they say “only the good die young”. 87 year old milk snatcher, the earl of hell awaits ye.
greenyin
City the better side in the battle of the Mancs.
Same old, same old …..why would the ref stop extra time at that crucial moment…..ldearie me ….I favour neither Utd nor City, but that was STRANGE…
There are a group of my pals going out for a session tonight to celebrate. Must admit I declined an Invitation to go along. I’m knackered and have a heavy day tomorrow.
Doc Can’t happen soon enough.
Aspnofdan
George ‘Integrity’ Whitebread is apparently considering legal action against The Chuckster.
Jimbo
mighty tim
petition signed hx2
I’m swimming against the tide tonight, but I’ll not be joining in the celebrations on the death of Thatcher.
In fact, I hope I never feel the urge to celebrate anyone’s death.
SPF
Asonofdan – sorry
Some shameful comments on here tonight. Let he who is without sin …
When the Celts went up to lift the Scottish Cup
WeWe’reThere CSC
I think this site has been shamefully abused today. Wouldn’t blame Paul67 for closing it down for a few days.
The post revisionist nonsense used by the media to report on Thatcher’s death is nauseating
A greater leader in the class war ….really
Channel 4 had Alexie Sayle on ….and that mad woman Mensch …Sayle being his flippant self ….Mensch …just plain mental
earlspark1
20:53 on 8 April, 2013
Some shameful comments on here tonight. Let he who is without sin
agree some folk arent celebrating
DISGRACEFUL!!!!!
Don’t want to mock the dead (other than the zombies, who are technically undead), but I did have a laugh at this one!
masty is neil lennon
13:49 on
8 April, 2013
margaret hilda thatcher born grantham 13th october 1925, died london 8th april 2013, sadly missed brighton 12th october 1984.
HH
CRC
Eldiegobhoy
In what way has it been abused?
Jimbo
As I said, shameful.
My daughter is on the way home, said the square is dead.
I won’t say what her follow up was :-))
To those not celebrating, I do understand your viewpoint. I would consider myself a committed Catholic and am painfully aware if you hope for forgiveness then you must forgive. I have always practiced this and I can truely say I do not hold a grudge against anyone in the world. However I just can’t forgive that evil bitch, its in Gods hands now and I will leave it to him.
Just seen on sky sports there that there was ugly scenes in Manchester just before the derby tonight….juleon lescott n Carlos tevez stepped off the team bus…
Celtic Trust have now sent 3068 e-mails via their site to MSP’s asking for action to be taken regarding police brutality of Celtic fans.
BFDJ hilarious on Clyde tonight.
Helium voice
Graham Spiers @GrahamSpiers 1m ago
N Patey:“Technically its a new club – it couldn’t be sold as a going concern, its assets were sold off. But in spirit its the same Rangers.”
Further to my thread on Saturday evening. I’ll make the banner ………………?
I am surprised at some of the posts on here tonight – wouldn’t be out of place on the dark side, and i am someone who lived thru those dark years.
As kevj would say off oot
Graham Spiers @GrahamSpiers 4m
N Patey:“Technically its a new club – it couldn’t be sold as a going concern, its assets were sold off. But in spirit its the same Rangers.”
Many of you have eloquently put forward how I feel about the death of Thatcher (finally).
So all I will say to my Mum who passed away nearly 29 years ago – for everything you had to go through thanks to Thatcher and her policies – hopefully you are smiling tonight.
A wee tune from some Scousers
Wah!!!!!
https://www.youtube.com/watch?v=wcXi-VYy_Yw
scotpatsfan
I’m not celebrating her death, but I am certainly not unhappy about it. The only wish I have is, it happened 35 years ago.
Weefra HH
20:38 on
8 April, 2013
Any bets on the first post split fixture being a Wednesday night at tannadice to try to prevent us having a party?
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I seem to recall the 2008 title win there as bring pretty decent…
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