Newco, the Record and the police

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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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  1. cliftonville celt from belfast on

    Gerry Adams comments on her death I would say sum it up quite well …….. Even though you’ll never hear them on the BBC although first on C4 news I had even forgotten how the great lover of democracy snubbed our votes and refused our politicians to be heard on tv or radio

  2. !!Bada Bing!! on

    David Cameron has now written a personal letter to the thatcher family, it starts” after the sad events you now have too many bedrooms”

  3. It looks like the wagons are being circled again. Chuck is on the outside looking in again. Not sure the cardigan and Sally will play ball this time. Chuck has a decision to make in the short term : walk away or fight for control of the ibrox club.

     

     

    Currently he has a proxy control because the cardigan/Sally have given the green light to supporters to buy STs . The second this is withdrawn , it’s over for him and his investors whoever they are. Is there someone in the background ( it could only be McColl or Dave King or possibly Alistair Donald – who Murray spurned over Whyte ). Murray couldn’t afford ex CEO of Accenture taking over ( with 40 m investment lined up ) and discovering the crap as the enemy within put it.

     

     

    The traditional Ibrox men will be working in the background to take Green out. ( Whyte may be the spanner in the works ). M Murray, McCoist and Ibrox orientated media figures are pointing their guns at Green.

     

     

    I find it hard to believe Green could convince St Mirren and Elgin to scupper the SPL deal. That could only be done by the old order , not some snakeskin salesman.

     

     

    On a separate note it was funny to see Sally give the sky reporter on Sunday a normal handshake and Gordon Smith the grip at the end of the post match interviews.Pathetic really , truly the mafia of the mediocre.

     

     

    Anyways this one will run all summer and then some. If Chuck decides to stay the ibrox club will sell less than 10k tickets and be in admin over the close season.

  4. !!Bada Bing!! on

    Neil Lennon calls a player a ‘fanny’ and is immediately disciplined by SFA.

     

    Charles Green calls someone a ‘paki’. SFA silent!!

  5. St.John.Doyle on

    pggtips2

     

     

    18:24 on 8 April, 2013

     

    **********************************

     

     

    You must have missed Salmond’s tribute to Thatcher and have you not seen the opinion polls today your wee dream of an independent scottish stormont will be over in about 500 days.

     

     

    I will really celebrate when this shortbread tin fantasy project is over for another 25 years and the SNP implodes into the rump it was under John Swinney.

     

     

    Please remember it was the SNP that supported the Tories to bring in Thatcher and devastate this country, the same SNP that agreed to collaborate with Hitler during WW2, as they thought scottish nationalism would prosper if Hitler defeated England.

     

     

    I will say nothing on Thatcher I hate her too much to be objective.

  6. spikeysauldman on

    “Thatcher’s dead . Let’s not forget the misery she caused to millions , her description of Mandela as a terrorist , the destruction of our manufacturing base , her deregulation of the banks , her privatisation of our national assets including North Sea Oil – so the rich got richer – her fascist friends like pinochet and Saddam hussein and her support for apartheid in south africa and the way she prolonged the troubles in Northern Ireland – the mother of so many deaths and so much misery”

     

     

    Terry Christian

  7. Thatcher and her works partly shaped my politics and my values.

     

     

    They are the opposite of hers.

     

     

    As a fourteen year old I used to watch TV news coverage of Miners fighting for the right to work and for the right to have a community. I watched them being cavalry charged by Thatcher’s police force. Utterly heartbreaking.

     

     

    Not to mention Wapping.

     

     

    Not to mention the 10.

     

     

    Not to mention her other crimes in Ireland.

     

     

    Not to mention Hiilsborough.

     

     

    Not to mention the Poll Tax.

     

     

    Not to mention 3m people unable to get work.

     

     

    If I don’t celebrate her demise can I at least be very happy about it?

     

     

    What a vile human being she was. I’m glad she’s gone.

  8. buick makane on

    A very close and dear friend of mine celebrated his birthday today,he is away for a few days with the wife n kids so i texted him a birthday greeting,his reply was that he got the best present ever today. No arguments from me, ding dong

  9. traditionalist88 on

    The fact that she was despised by so many people for so many DIFFERENT reasons tells you all you need to know. She can rot.

     

     

    On a more positive note good display on and off the park on Saturday… couldnt be at the game or at George Square but will be ready to support the cause next time..hopefully there wont have to be a next time but if so we’ll be ready.

     

     

    HH

  10. tomcourtney, that auto suggestion thing works. Was at a comedy show years ago and a Comic was getting people to shout out words describing mannerisms and linking them to different Nationalities, to this day when I read & hear of those Nationalities, I associate them with the mannerisms the Comic put on them.

  11. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    !!bada bing!!

     

     

    21:27 on 8 April, 2013

     

     

    IT IS ABSOLUTELT RIDICULOUS….SURELY THEYBWILL BE TAKING ACTION

  12. mickbhoy1888 on

    celticrollercoaster

     

     

    20:57 on 8 April, 201

     

    squire danaher

     

     

    21:13 on 8 April, 2013

     

    67heaven … i am neil lennon..!!.. ibrox belongs to the creditors

     

     

    21:05 on 8 April, 2013

     

    smoke and mirrors

     

     

    20:57 on 8 April, 2013

     

    the boy jinky

     

     

    21:04 on 8 April, 2013

     

     

    Thatcher had her faults but she was never as ruthless as the perpetrators of this atrocity

     

    See if it makes you smile CRC

     

     

    http://saoirse32.wordpress.com/2012/08/15/sometimes-i-just-go-to-bed-and-cry-for-oran-3/

  13. sftb @ 21:22

     

     

    if saying her policies will be her judgement is a generous tribute, i hardly think what constitutes condemnation

     

     

    apart from that

     

     

    question for the unionists

     

     

    given that london and her elites are happily praising the lovely maggie and will do so for at least the next week with hour to hour broadcasts, decent programmes cancelled, millions of column inches with almost unanimous praise, do you like it is right that Scotland continues to be governed without its consent?

     

     

    thatcher’s what ya gonna get if ya do

  14. squire danaher on

    cliftonville celt from belfast

     

    21:25 on

     

    8 April, 2013

     

     

    BBC news was very careful to edit his soundbite regarding that issue

     

     

    The website continued to quote him saying that she censored the Republicans while simultaneously maintaining illicit channels of communication with senior SF leaders.

     

     

    So we can throw the tag of HYPOCRITE on the funeral pyre

  15. spikeysauldman on

    for anyone who is offended by some of the anti-thatcher comments – what exactly were your responses when she was running riot all over these isles ?

  16. West Wales Celt on

    Faced her ‘storm troopers’ at Wapping.

     

    Picketed in the great miners’ strike.

     

    Ding Dong!

  17. st.john.doyle

     

     

    labour collaborate with the tories on a daily basis so your attempts at judging the snp are totally embarrassing yourself and who you call your people

  18. SFTB

     

    I’m not quite sure why you think that by reading a newspaper article I would change my view on not celebrating someone’s death.

     

     

    SPF

  19. prestonpans bhoys on

    so we have to wait another day for the split list due to Police and Sky TV. We only have two home games left and Hunderwell are one of them. Get the first game at CP full crowd and box office attraction on sky as first plays second.

     

     

    notrocketscience.csc

  20. st.john.doyle

     

     

    just yesterday harriet harman was looking for ways to cut welfare benefits for people in a way that would win votes

     

     

    i’ll repeat

     

     

    labour collaborate with the tories on a daily basis

     

    labour collaborate with the tories on a daily basis

     

    labour collaborate with the tories on a daily basis

     

    labour collaborate with the tories on a daily basis

     

    labour collaborate with the tories on a daily basis

     

    labour collaborate with the tories on a daily basis

  21. Margaret Thatcher and misapplied death etiquette

     

    The dictate that one ‘not speak ill of the dead’ is (at best) appropriate for private individuals, not influential public figures.

     

     

    Glenn Greenwald

     

    guardian.co.uk, Monday 8 April 2013 15.41 BST

     

    Jump to comments (1231)

     

     

    Margaret Thatcher Photograph: Don Mcphee

     

    News of Margaret Thatcher’s death this morning instantly and predictably gave rise to righteous sermons on the evils of speaking ill of her. British Labour MP Tom Watson decreed: “I hope that people on the left of politics respect a family in grief today.” Following in the footsteps of Santa Claus, Steve Hynd quickly compiled a list of all the naughty boys and girls “on the left” who dared to express criticisms of the dearly departed Prime Minister, warning that he “will continue to add to this list throughout the day”. Former Tory MP Louise Mensch, with no apparent sense of irony, invoked precepts of propriety to announce: “Pygmies of the left so predictably embarrassing yourselves, know this: not a one of your leaders will ever be globally mourned like her.”

     

     

    This demand for respectful silence in the wake of a public figure’s death is not just misguided but dangerous. That one should not speak ill of the dead is arguably appropriate when a private person dies, but it is wildly inappropriate for the death of a controversial public figure, particularly one who wielded significant influence and political power. “Respecting the grief” of Thatcher’s family members is appropriate if one is friends with them or attends a wake they organize, but the protocols are fundamentally different when it comes to public discourse about the person’s life and political acts. I made this argument at length last year when Christopher Hitchens died and a speak-no-ill rule about him was instantly imposed (a rule he, more than anyone, viciously violated), and I won’t repeat that argument today; those interested can read my reasoning here.

     

     

    But the key point is this: those who admire the deceased public figure (and their politics) aren’t silent at all. They are aggressively exploiting the emotions generated by the person’s death to create hagiography. Typifying these highly dubious claims about Thatcher was this (appropriately diplomatic) statement from President Obama: “The world has lost one of the great champions of freedom and liberty, and America has lost a true friend.” Those gushing depictions can be quite consequential, as it was for the week-long tidal wave of unbroken reverence that was heaped on Ronald Reagan upon his death, an episode that to this day shapes how Americans view him and the political ideas he symbolized. Demanding that no criticisms be voiced to counter that hagiography is to enable false history and a propagandistic whitewashing of bad acts, distortions that become quickly ossified and then endure by virtue of no opposition and the powerful emotions created by death. When a political leader dies, it is irresponsible in the extreme to demand that only praise be permitted but not criticisms.

     

     

    Whatever else may be true of her, Thatcher engaged in incredibly consequential acts that affected millions of people around the world. She played a key role not only in bringing about the first Gulf War but also using her influence to publicly advocate for the 2003 attack on Iraq. She denounced Nelson Mandela and his ANC as “terrorists”, something even David Cameron ultimately admitted was wrong. She was a steadfast friend to brutal tyrants such as Augusto Pinochet, Saddam Hussein and Indonesian dictator General Suharto (“One of our very best and most valuable friends”). And as my Guardian colleague Seumas Milne detailed last year, “across Britain Thatcher is still hated for the damage she inflicted – and for her political legacy of rampant inequality and greed, privatisation and social breakdown.”

     

     

    To demand that all of that be ignored in the face of one-sided requiems to her nobility and greatness is a bit bullying and tyrannical, not to mention warped. As David Wearing put it this morning in satirizing these speak-no-ill-of-the-deceased moralists: “People praising Thatcher’s legacy should show some respect for her victims. Tasteless.” Tellingly, few people have trouble understanding the need for balanced commentary when the political leaders disliked by the west pass away. Here, for instance, was what the Guardian reported upon the death last month of Hugo Chavez:

     

     

    To the millions who detested him as a thug and charlatan, it will be occasion to bid, vocally or discreetly, good riddance.”

     

     

    Nobody, at least that I know of, objected to that observation on the ground that it was disrespectful to the ability of the Chavez family to mourn in peace. Any such objections would have been invalid. It was perfectly justified to note that, particularly as the Guardian also explained that “to the millions who revered him – a third of the country, according to some polls – a messiah has fallen, and their grief will be visceral.” Chavez was indeed a divisive and controversial figure, and it would have been reckless to conceal that fact out of some misplaced deference to the grief of his family and supporters. He was a political and historical figure and the need to accurately portray his legacy and prevent misleading hagiography easily outweighed precepts of death etiquette that prevail when a private person dies.

     

     

    Exactly the same is true of Thatcher. There’s something distinctively creepy – in a Roman sort of way – about this mandated ritual that our political leaders must be heralded and consecrated as saints upon death. This is accomplished by this baseless moral precept that it is gauche or worse to balance the gushing praise for them upon death with valid criticisms. There is absolutely nothing wrong with loathing Margaret Thatcher or any other person with political influence and power based upon perceived bad acts, and that doesn’t change simply because they die. If anything, it becomes more compelling to commemorate those bad acts upon death as the only antidote against a society erecting a false and jingoistically self-serving history.

  22. Aamer Anwar on Twitter:

     

     

    @AamerAnwar: those who hated miners, t unions, blacks, irish,immigrants, and loved Pinochet,Zia Ul Haq, shoot 2 Kill, apartheid, poll tax-mourn 2day

  23. The Comfortable Collective on

    Celtics 5 games will be

     

     

    ICT at home

     

    Ross County away

     

    Dundee Utd away

     

    Motherwell at home

     

    St. Johnstone away

     

     

    I think.

  24. celticrollercoaster on

    mickbhoy1888

     

    21:31 on

     

    8 April, 2013

     

     

    “Thatcher had her faults but she was never as ruthless as the perpetrators of this atrocity”

     

     

    —————-

     

    Are you really sure about that, or are you just showing a bit of apathy in your comments?

     

     

    HH

     

     

    CRC

  25. at least maggie lived to see how well britain’s money was spent arming the taliban and saddam hussein tax free, interest free

  26. spikeysauldman on

    i dont much about her daughter, but surely to jesus nobody feels sorry for her son ?

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