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…….
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SSN…………Sally and Myth just been spotted buying hunners of lottery tickets in garage on paisley road west.
“They are trying to secure the future of their club” stated a club cleaner
Kayal33
15:14 on 19 April, 2013
greengray1967
14:44 on
19 April, 2013
Alex O’Henley@OHenleyAlex7m
And somewhere in Monaco a “google eyed” former billionaire is stroking his white cat!
Thanks for that! Now trying to wipe the coffee off my laptop
ha, I replied
alan gray@greengray1h
@OHenleyAlex Genius quote Alex, luckily no coffee was in hand at the time I read it
And from behind the shower curtain……it’s Craigy Bhoy…..!!!
My boss,
I should add that I think the reasoning was to from bomb blast, as the closes would act like a chimney and carry the force of detonation up through the building.
Bad news for the winchers too!
That should read see through the mists
At a time when THEY are being asked to renew season tickets THEY should not forget that REAL RANGERS such as Wattie and Coisty,perhaps reluctantly did give Chuckles their backing.
LiviBhoy
“FOR THE GOOD OF THE GAME”
greengray1967, 16:16
More to come from the Motherwell born cat-stroker too. He’s just so chatty these days
ERNIE LYNCH,
I owe you an apology. I should have stated that on CQN you seem to be a bitter person. You may be different outwith the CQN world. This is not irony. Sorry again.
SSN………………………Sevco announce new CEO,……….. THE Charles Green.
@garyamilar
Will the old server be put out to grass on the server farm?
Will it retain its history or will server 5088 inherit it?
Confused in NJ.
STV News (@STVNews)
A holding of 50,000 shares were sold in Rangers International Football Club this afternoon by an unknown seller http://t.co/jne5eUGObq
leftclicktic
That’s a banker!
LB
thomthethim
16:17 on
19 April, 2013
They were known as baffle walls.
My boss.
* missing word ” protect”.
Livibhoy ‘they’ve suffered enough…’
quonno-the Lapdogs will let us know that Sir Walter on his White Horse ,was the man who seen Challs oot the door
/Not walking away/Walking away/ not walking away..
It’s turned into the hokey-sevcokey.
John O Neil…
What does “outwith” mean?
Do you mean “outside”?
Surely BDO and the FSA must take a hand now?
Does anyone think there was a phone call today from Paisley to Dingwall?
left holding the baby csc
“WenWullWalterEmerge?”
Just checked the share status. Someone is buying up shares in Poundland FC.
Unless I am reading it wrong.
LB
I wonder if the next CEO will be a guy called Mr. Gold
tomthethim
Cheers, I had never heard of this before, tried google but cant seem to find any reference, I will tell her to get her erchie into the Mitchel Libraby
Thaks again
I hear that the buffet-fondler Mr T, even before Hannibal walked out of the A Team today, has been getting a bit cross of late.
Never nice having to answer questions that you can’t filter out before hand from pesky journalists, eh? It’s almost as if they had some uncomfortable truths for him that he just couldn’t answer
I wonder if Challs will be flying in to compare books with Celtic at the end of the season??
Why the turnaround on Green from all sevco friendly players in this charade and I mean all ?
2wks ago it was fine .
What and who are behind it ?
Or is it as simple as they finally realised that what we have been telling them for a couple of years, that Craig boy is the “only show in town “, is true please let it be so.
What was it ?leaseback over 20yrs at £1:8million per annum to start with
The stars are aligning and their is only one man that has the skills and business background to takeover from Green and Whyte.
It must be David Gold of West Ham.
o.g .rafferty
and your news has still to break?..ohh ffs.what a weekend its gonna be…what a week its gonna be..what a season ….oh ma jaws are killin me
h.h
leftclicktic
You have to respect Whyte’s timing. Green is almost certainly looking at charges and being struck off for misleading everyone during the share issue.
Interesting times ahead.
LB
googybhoy ♥ Celtic
we alredy have comedy gold.
Till later all
Last time promise
I have 2 kids tickets for Sunday in NS lower, 102. Free to a good home.
HH
“Charles Green can be to Rangers what Fergus McCann was to Celtic”
Mark Hateley – Sevco Sage
leftclicktic, 16:31
He’s the only show in town.
My boss is Peter Principle
16:25 on 19 April, 2013
http://www.ourglasgowstory.com/comments.php?sid=191&start=&end=&id=
Phil MacGiollaBhain @Pmacgiollabhain 16m @bribhoy7 They have a cash flow crisis and a looming legal wrangle over the ownership of their main assets. HMS Sevco is doomed…
Hammer House Alert!!! SSN threatening to interview zombies.