No surrender Green, surrenders

1159

BBC report that Newco Rangers chief executive and major shareholder, Charles Green, has indicated to his board that he will resign.  Two weeks ago the last owner of Oldco Rangers revealed that he was also a director of Sevco 5088 Ltd, the company who had an irrevocable agreement to buy the assets of Rangers from administrators Duff and Phelps.

The entitlement of Sevco 5088 was subsequently assumed by Sevco Scotland Ltd (now Rangers Football Club Ltd, a subsidiary of Rangers International FC PLC).  Sevco 5088, which Green remains a director of, is now owned by Worthington Group PLC and has started legal proceedings against Rangers Football Club Ltd, claiming ownership of their assets, including Ibrox, Murray Park and all intellectual property.

Green initially rebuffed Whyte’s claims, insisting they were invalid, but his decision to surrender and.… walk away, is sure to add to speculation to what is coming next.  Boom!

Reporters are desperately trying to find out when Zadok the Priest was heard at Ibrox Stadium, releasing Green from one of his hilarious commitments.

NEW SERVERS ARE LIVE AND READY TO ROLL

The current CQN server was commissioned in June 2011.  When we approached the annual renewal time last year, like a lot of the media companies mentioned above, I thought, with no Rangers, interest will fade, there’s no point increasing infrastructure.

The traffic peak we endured in May 2012, when the server played its part in some major issues, hasn’t been matched since, but server resources continue to be stressed.  Last week I bought three new servers (we now have three physical and one virtual) and shortly after full time at Tannadice tonight, our man Andrew in Belfast will bring the system down and start the migration process.  We will be offline for a few hours.

After we’re back your existing user accounts will remain active.  The domain name (celticquicknews.co.uk) will point to a new server (IP) address but it can take hours (or days) for each internet service provider to update their records.  As a result, celticquicknews.co.uk might not find the new server immediately.

Once we are live I will let you know the server IP address (a series of numbers you can type into your address bar), which will enable you to get onto CQN before your ISP has updated their records.  Check Twitter (twitter.com/cqn)  or Facebook (CQN-Magazine) for the address.

Let’s hope it goes smoothly…….
[calameo code=000390171e93e6000b08d lang=en page=1 hidelinks=1 width=100% height=500]

Click Here for Comments >
Share.

About Author

1,159 Comments
  1. Pages:
  2. 1
  3. ...
  4. 8
  5. 9
  6. 10
  7. 11
  8. 12
  9. 13
  10. 14
  11. ...
  12. 31

  1. O.G.Rafferty

     

     

    “CEASE & DESIST”

     

    Has Craigy gave him time to cash in before going to court with the nail for the coffin :))

  2. A Ceiler Gonof Rust on

    O.G.Rafferty, I note that you are back in “full tease mode” once more:-)

     

     

    Excellent.

  3. 50 shades of green on

    ASonOfDan

     

    17:00 on

     

    19 April, 2013

     

    What is it about these huns and France?

     

    Sir Minty had a vineyard, Bain bought property there, Craigy bhoy in Monte Carlo and now Chuckles is hiding there.

     

    ———

     

     

     

    my hope is they all get ta France:-)

  4. leftclicktic/O.G.Rafferty

     

     

    Interesting too see where this goes. SFA wiIl have to act, although

     

    if its a legal battle they can sit on their a*re as usual.

     

     

    HH

  5. celticrollercoaster on

    Doc

     

     

    Why do you have whisky, wine and beer in your freezer?

     

     

    HH

     

     

    CRC

  6. i can the sfa now getting ready with their reason for not withdrawing licence, it was two bad men who did this, it would be unfair to punish the club as they were victim’s in all of this.

  7. NatKnow - "We welcome the paper-chase..." on

    First day of sunshine in about 14 months and yet….I have a strong urge to sit in front of a computer all night hitting Refresh…

  8. The Obese Paul Le Guen demands to know where the war chest is in Charles Green’s absence. And also if he can go and buy some more players with names like Sandy and Alex and Zander and Ander and Francisco…

  9. leftclicktic, 17:50

     

    This is one iceberg not of Craigy’s making and the Captain has now taken the only lifeboat

  10. NatKnow - "We welcome the paper-chase..." on

    ulysses mcghee

     

    17:57 on

     

    19 April, 2013

     

     

    The Obese Paul Le Guen demands to know where the war chest is in Charles Green’s absence. And also if he can go and buy some more players with names like Sandy and Alex and Zander and Ander and Francisco…

     

     

    Surely Charles will have left the £10M cheque for Ally on the CEOs desk. It’ll be next to the famous St. Mirren tie.

  11. Anyone know the terms of Sevco’s associate membership?

     

     

    Can find an details on the SFA website.

  12. Before I go 2 wks ago it was greens company ,he appointed Malcom Murray and others onto board, and he was sevco end of.

     

     

    I dont see how he would leave himself open to be removed UNLESS it suited him:))

  13. Chuckles Green bought a share in Craig Whytes movie rights the proposed film

     

    100 ways to shaft a stupid duper ! is set to be a world record box office sellout with 500 000 000 servconians pledging to be in attendance !!

     

    Ooooooofffffffftttttttt !!!!!!!

  14. NatKnow - "We welcome the paper-chase..." on

    Kevtic

     

    17:59 on

     

    19 April, 2013

     

     

    Anyone know the terms of Sevco’s associate membership?

     

     

    Can find an details on the SFA website.

     

     

    Now THAT is a surprise. Normally they’re scrupulous with this sort of thing.

  15. Phil MacGiollaBhain ‏@Pmacgiollabhain 6m @Mac9974 This saga has a while to run yet. However the #Sevco insolvency will be a watershed moment for the Scottish game IMO

  16. petec

     

     

     

    18:03 on

     

     

    19 April, 2013

     

    John Terry must be the epitome of everything that is wrong with Football.

     

     

     

    ————

     

     

    I believe he has a rival in Govan.

  1. Pages:
  2. 1
  3. ...
  4. 8
  5. 9
  6. 10
  7. 11
  8. 12
  9. 13
  10. 14
  11. ...
  12. 31