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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GORDON J
I feel the world would have been a better place without her,but I-cannot in all conscience celebrate her death.
Maybe twenty or thirty years ago I would have been dancing in the street-I took the rest of the day off when she resigned,it turned into the rest of the week-but she died a long time ago,tbh.
I still despise her,and her legacy.
And I always will.
Pray for the souls those innocent children that her troops murdered with lethal baton rounds,on the streets of Belfast.
Celtic 67Live @the_eriugena 2m
Clarification: The holding company that controls #Thatcher has died
Retweeted by Phil MacGiollaBhain
Margaret Thatcher in happy times
Agreed Dublinbhoy. Today is for sad reflection of all those who died by her hand.
Some black humour on twitter
Clarification: The holding company that controls #Thatcher has died
OH NO DAVID CAMERON IS ALIVE.
Right im off to London with a hammer, wooden stake and some silver bullets just in case.
I will never celebrate anybody’s death.
I will, however, not be doing any mourning.
My thoughts today will be more with those lives that she blighted so cavalierly, most particularly our mining communities, & the 600 young men that she mercilessly, & un-necessarily, ordered to be drowned like rats in the freezing waters of the South Atlantic.
Sometimes the idea of a Heaven & a Hell has its attractions.
Kilbowie Kelt.
I agree with these sentiments wholeheartedly.
Jim
bournesouprecipe
13:26 on
8 April, 2013
Margaret Thatcher in happy times
Ra bomber beside Maggie…………………..the mind boggles
The Chairman hates Green, The Manager hates Green, it appears it is just his little p**i friend who likes him…
but there is clearly an invite now from McCoist to the chief exec to stick to his promises.
“Charles has gone on record as saying there is £10 million to spend when it’s available – and there will be money to spend,” he said.
“The vast majority of the promises have been made in public. We would certainly hope they are to be kept – and I’m certainly not expecting anyone not to stick to their word. I don’t believe that will be the case, far from it.”
BOBBY MURDOCH’S CURLED-UP, ha!
Ten Men Won The League, don’t know how the rest of the St Mirren board will view this.
Richie, you better believe the Record had this one checked out.
sipsini, I hear you.
GlassTwoThirdsFull, aye, sorry about that!
New Article not coming
Electronic Tims @ETimsNet 3m
Sevco thinking about a dignified mins silence for Thatcher. There will be soldiers absailing, cannons firing, flags flying & Hell awaiting.
Sevco’s Green & Whyte! :)
2 in a year!
Lets hope she disnae return as The Thatcher!
Her and Pinochet can have devil weans together.
Ps I hope thers no black arm bands or flags at half mast at Celtic Park about this. No matter what John Reid says!!!
Bobby Sands MP – 5th May 1981
Francis Hughes – 12th May 1981
Raymond McCreesh – 21st May 1981
Patsy O’Hara – 21st May 1981
Joe McDonnell – 8th July 1981
Martin Hurson – 13th July 1981
Kevin Lynch – 1st August 1981
Kieran Doherty – 2nd August 1981
Thomas McIlwee – 8th August 1981
Mickey Devine – 20th August 1981
Troon Tim et al
Maggie Thatchers legacy?
http://www.youtube.com/watch?v=ReIAna459sg
HH!!
She done more damage to Britain than Enemy bombers
Celtic Trust @TheCelticTrust 4m People of all ages engaged in political action in support of a just cause – some people don’t like that #somethinginsidesostrong
Paul67
That crimson is doing serious hurt to my eyes.
New Celtic Spring Wallpaper
Mon the Split CSC
Me thinks Linfield will just hand all their tickets back for saturdays game at Cliftonville now – can it get any worse for the flegging community !!!!!!!!!!!
CHAMPIONS ALL ROUND BY SATURDAY AFTERNOON
Thatcher was elected 3 times . Many people got what they wanted .. Prats like Galtieri and Scargill made things easier for her..
If that tosser Cameron suggests a state funeral, I predict a riot !!!
” We are a corpse”
My Dad worked 30 years in the shipyards before the Tories did their best to kill the industry on the Clyde.
He was lost without his work as he had been their his entire adult life. He died only 10 weeks after he was made redundant at the age of 49.
I sincerely hope Thatcher suffered and is still suffering in her hell hole in the afterlife.
The world is almost certainly a better place for her passing!
Hope you can rest in peace now Dad!
HH
/Bishop B
Ernie,
On the Chuck Green tie thing, I postulated yesterday that ole Chuck cant resist a bit of grandstanding and probably couldn’t resist a wee photo opportunity for the hun hordes where he could say “look who’s really pulling the strings”.
The CNN obituary picture of Thatcher is of her with Jimmy Saville!
Is laughing at that wrong?
Well, if she does get a state funeral and a 12 gun salute, I hope they point their rifles at the coffin just to make absolutely sure
Visit it this week. http://justiceforminers.org.uk
Craigy White, Craigy White, Craigy Craigy White,
He’s got no dough but he owns SEVCO
Craigy Craigy White!
V
Coming out of my lurking mode about Thatcher’s death..Like many others i have witnessed at first hand the policies of Thatcher at work in the six counties and her ruthless war on the working class in Britain; I find it hard to rejoice in her death but her death cannot wash away the sins that she committed. Already the media are in Britain are in full tribute. The true legacy of thatcher can be seen in the Jeremy Kyle show and the working class area’s of Britain. May her god forgive her.
hope the sfa dont impose a minutes silence on sunday at hampden i could not pay any respects to the mass murderer,i appealto celtic and utd fans to disobey any minutes silence
Thatcher, lobhadh i ifreann soith tú. Bain sult as do fanacht i Hades (Rot in hell)
Downing Street: Ceremonial funeral with military honours. The service will be held at St Paul’s Cathedral
First thing I did – listen to Elvis C (tramp the dirt down)
Burial? Probably sincethe lady is not for burning…though those of a faith may beg to differ
Hope it’s hot we’re She’s gone, destroyed so many families in Scotland and north east of England