Stewart Regan today gave a welcome update on the SFA’s on-going investigation into Rangers. In response to Hugh Adam’s comments in today’s Daily Mail, Regan said:
“We are, however, aware of the most recent allegations made against Rangers FC today by a former director of the club. We shall investigate this matter thoroughly before making any further comment.”
SFA president, Campell Ogilvie, was general secretary and director of Rangers from 1978 until 2005. News broke about HMRC’s dispute over Rangers Employment Benefit Trust in 2010, you knew then, I knew then, the SFA knew then, but Ogilvie was subsequently elevated to the role of SFA president in 2011. He is still on the SFA board.
We have waited almost two years the hear the SFA would investigate this matter. Now, with all the old certainties crumbling down around them, they realise they must act.
Can I be the first to congratulate Dundee FC on winning the Scottish Cup in 2003.
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HENRIK
The point JIMTIM and myself,and no doubt many others are making is that there is no acknowledgement.
Now,that’s fair enough if the point is fairly trivial,but when the inner circle start raising hypotheses,or pointing out certain facts,long after they’ve been raised by others,it is a source of minor annoyance for the person with the original thought.
Or at least the original post on the subject.
As an example,I posted weeks ago,and I’m sure I’m not alone-ROGUE LEADER,for one,was on the same topic,about the likelihood of the huns going out of business for good.
On the day D&P were appointed,and everyone was questioning it due to their previous,I even used the expression that HMRC might be giving them enough rope to hang themselves,after an explanation as to why.
I’ve been battering on about this whole situation since 2004,and I don’t care who gets the credit,I just want them gone.
Just pisses me-and obviously a good few others-off when our thought processes and research are hijacked.
Does that explain it?
BMCUW
good point – well made and acknowledged :-))
DBBIA
Of you are around – I will be on Tennants tomorrow- Jelly and Ice Cream, West End style!
Cheers
Craig Whyte does know how to pick ’em!!
I don’t know if this has been posted before, apologies if it has.
Whyte’s lawyers in bankruptcy fear:
Victoria Weldon and Helen McArdle
THE law firm at the heart of Craig Whyte’s Rangers takeover could face bankruptcy if a legal ruling forces it to pay out millions of pounds for its involvement in an alleged sham investment scheme.
craig WHYTE: Hired Collyer Bristow to oversee his takeover of Rangers last year.
The revelation comes as Rangers players prepare to learn their fate, with the administrators expected to outline the toll of redundancies on the squad today.
Solicitors Collyer Bristow – the London-based firm Whyte hired to oversee his purchase of Rangers last year – are awaiting a court decision as a joint defendant in the £50 million case, which has been raised at the High Court in London by 500 investors. The claim against the firm concerns a complex investment scheme, known as Innovator One.
However, it has been alleged the initiative – a tax-advantage vehicle which Collyer Bristow is accused of promoting – was a fraudulent scam and certain legal conditions were never fulfilled.
The company is alleged to be liable for any dishonest conduct of the individuals who organised the scheme. It is also accused of acting negligently and breaching both contract and fiduciary duties. A four-month hearing on the case ended last month and a ruling is due later this year.
There are concerns that if the firm loses the case it will have insufficient funds to cover potential losses, amid claims of negligence by its insurance broker, Lockton Companies International.
Collyer Bristow has since launched another legal action against Lockton in a bid to ensure the money will be available if it is forced to pay out.
The solicitors alleged Lockton failed to put adequate insurance cover in place during the period of the Innovator One claims. The law firm claims it could be on the brink of collapse if it does not resolve the shortfall. A full hearing on that issue will be heard in May.
Meanwhile, administrators Duff and Phelps are expected to make an announcement on staffing levels at Rangers today, amid speculation some first-team regulars could be heading for the exit door.
In a statement issued yesterday, they said discussions were “ongoing regarding potential cost-saving measures”.
In an interview yesterday, Whyte insisted the cuts were necessary to “make Rangers a stronger business”, and re- iterated his belief he had not been responsible for any financial wrong-doing during his tenure.
“Every penny is in the club and every penny is accounted for,” he said.
It coincided with a statement from Ticketus – which paid £24m to secure the right to sell the club’s future season tickets in a deal which provided cash for Whyte’s takeover – calling for a “rapid and successful conclusion” to the administration process.
The company said it was “committed to going to the lengths necessary to ensure the future of the club is preserved and its agreement with Ticketus fulfilled”.
In a move that is bound to be seen as a swipe at Rangers, Chief Secretary to the Treasury Danny Alexander will court controversy today by comparing tax dodgers to benefit cheats, and making a specific reference to football clubs.
He will tell the Scottish Liberal Democrat conference in Inverness: “People who dodge taxes are on the same moral plan as benefits cheats. Whether you are a wealthy person or a small business, a football club or a bank, our message is simple – you must pay the tax you owe and we will make sure you do.”
Hail Hail
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 2 March, 2012 at 15:50 said:
I didnt realise they were so steeped in History.. The things they didn’t teach at St Pius
Just for you peter I forgot R.I.P twice
Hail Hail
Look what they’re up to now to try and raise cash
http://www.youtube.com/watch?v=TSVTQRy30Qo&feature=channel
Tax dodgers are worse than benefit cheats.
I suppose I should give credit where credit is due to the article I just posted, so here’s the link:
http://www.heraldscotland.com/news/home-news/whytes-lawyers-in-bankruptcy-fear.16903554
Hail Hail
Anyone seen this yet?
“Since the mighty Rangers Football Club entered administration there has been no shortage of people and clubs lining up to put the boot in and revel in our misfortune. We will not forget these people. It is important however, to remember those who stand by us.
The board and management of Dunfermline Athletic were affected more than most by our administration missing out on £80,000 due from ticket sales. This had serious impact on their cash flow culminating in them being unable to meet their wage bill in full this month. Again, despite this, they refused to put the boot into Rangers, much to the dismay of some in the media.
On the 24th of March Dunfermline are at home to St Mirren. I along with many other Rangers fans plan to attend this game as a token of thanks for the support. The added bonus is that Dunfermline can get some much needed income. Plans are afoot to run buses from the Glasgow area and to book out Lourenzos night club for a party before the game so we can really make a day of this.
This is an opportunity for all Rangers fans to show that we look after those who support us. It does not mean diverting much needed cash away from Rangers just helping out someone else. There is significant media interest in this and it is a great opportunity to read and hear something positive about the club in these tough times.
Ticket information will be published on here in the coming days as will details of buses and any other relevant news.
24th March 2012 – Bears Day Out.
Let’s show that we truly are The People.”
LB
RobertTressell on 2 March, 2012 at 15:47 said:
Picked this idea up on RTC. It’s about levelling up the finances in the scottish game. I’d be for it:
“Rather than hand these clubs (SPL also rans) a windfall every time they visit Celtic Park (someone suggested giving 40% of revenue from each game to the away clubs in the SPL), why don’t Celtic hand them two or three thousand tickets free, and allow them to sell them to their supporters at whatever price they decide, and keep the proceeds”
######
Seems like a good idea. CP’s rarely full for league games so this would cost next to nothing. If the away team was keeping the money they’d be sure to try to shift the tickets, even if it means selling them for a tenner each. Maybe even offer them free with every, say, five home tickets bought. Could only improve the atmosphere.
Afternoon all.
I haven’t been able to get online for most of the day. I take it there haven’t been any redundancies down Govan way today. Strange….
Could anyone tell me what time our game against Aberdeen is tomorrow? I take it we’re on the TV.
TWISTS N TURNS 1600
Cheers,bud.
Rant over,haha!
Still up for the podium decider on LC final day…….
Requiem mass when rangers die?
twists n turns on 2 March, 2012 at 16:03 said:
‘Tax dodgers are worse than benefit cheats.’
That can’t be true.
When did you last read about a tax cheat being sent to prison?
Parkheadcumsalford on 2 March, 2012 at 16:07 said:
Noon. ESPN.
Rangers latest on SSN….
…. potential redundancies
…trained as normal
…pfa at Murray Park..
…Administrators, McCoist and Wishart in meeting right now…
…Administrators wanted to make statement today…
…Unlikely however…
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS on 2 March, 2012 at 15:57 said:
I ain’t hijacking anything, I dont have time to read everyones posts and it just goes to show how sad some people are on here if they want to claim exclusives on something they said or they have researched.
If I don’t read a post it’s not out of ignorance it’s because I have a life at home to deal with, ie 2 kids, 1 at 3 and the other at 1, I’m giving my opinion and surely everyone is allowed an opinion on here even though someone else said it months ago, if you and jimtim can honestly remember everyones posts and their opinion when it was first said then hats off to you but not everyone has the time to look through every post and remember it.
How much does the lettering for a name on a fitba jersey cost?? I have just ordered a hun top online for ma hun friend, and I need to get TAX DODGING B******* printed along the back:-)
so away fans could watch games at CP for a tenner while home fans pay 25 quid ?
Hey Henrik
cut with the plagiarism bud. I said what you just said 3 weeks ago:-)
Afternoon cqn
The way duff & duffer are handling the rANGERs in administration
Appointment.
No new income / no cost cutting / No redundancies
There can only be 1 outcome to all this.
They are going to go straight for liquidation
This was the plan all along
Havingapartywhenthehunsdiex csc
Fao any cqners out and about in glasgow tonight. edinburgh country and blues band, the chilli dogs, standing in for frank o’hagan at the scotia, with yours truly on the fiddle, aka doing a craig whyte…
Where will the Commonwealth games organisers host the rugby 7s now?
I assume that’s what was worrying fat Eck last week…..
I think if we are going to do a musical we should have a scene with a villain full of pathos:-
Now we could have Paul67, in a darkened room busying away in front of a VDU – played by Keanu Reeves in Neo mode.
There’s a knock on the door.
Slowly Paul opens the door and a schadenfreudic smirk covers his face
It’s James Traynor played by Tim Curry in full the Rocky Horror Show regalia – he struts past Paul enters the room and belts out a heart-rending ballad thoughts of SDM roon his heid;
Take that look off your face! (Take that look off your face!) I can see through your smile! (I can see through your smile!) You would love to be right, I bet, you didn’t sleep good last night, couldn’t wait to spout all of that bad news at the door. Well, I’ve got news for you: I knew before.
I’f I’m not mistaken, can’t remember the year and I’m not very clear how it began… I noticed a change, but I just closed my eyes as only a Loyal Ger can.
No, I didn’t dig deep. (No, I didn’t dig deep.) I did not want to know. (I did not want to know.) Well, you don’t interfere when you’re scared of the things, you might hear. When he’ll be back with intent, he’ll put down his knife & fork and then….. sigh! Well, my timternet fiend you’re wrong again.
Silas on 2 March, 2012 at 16:15 said:
How about Murrayfield? That is the home of rugby isn’t it?
LB
twists n turns on 2 March, 2012 at 16:14 said:
LoL
M54/M6/M42 airport here I come. Fridays are fundays on the motorways…….
Later CQN.
So we weren’t paranoid after all, they were out to get us and anyone else that got in their way, wonder if that’ll get a mention in the LL,msm,shortbread,snyde etc.
When does the evidence of mibbery start unravelling ?
I keep thinking of another flame haired young manager of Celtic, Tommy Burns.
The below is a quote from the total muppet that is Craig Brown
“Their team has been fairly consistent and they haven’t had too many major injuries, unlike ourselves, and I think the results Celtic have achieved has come from consistency of selection.
Beram, Dan, Bangura, Izzy, Broonie have all had long term injuries
What a total buffoon that man is. You can see why he has universally failed as a football manager
Struggling to keep up with the comments. I hear there is some life left in the afternoon after all…………..
Clear the decks???????????
[RTC Guy:]
Regulators
we regulate any stealing of HMRC property
and we damn good too
But you can’t be any geek off the street,
gotta be handy with the steel if you know what I mean, earn your keep!
REGULATORS!!! MOUNT UP!
[RTC Guy:]
It was a clear black night, a clear white moon
Phil Mac G was on the streets, trying to consume
some skirts for the eve, so I can get some funk
just rollin in my ride, chillin all alone
[Phil Mac:]
Just hit the Eastside of the LBC
on a mission trying to find Paul Mc C.
Seen a car full of girls ain’t no need to tweak
all you skirts know what’s up with 213
[RTC Guy:]
So I hooks a left on the 21 and Lewis
some brothas shootin dice so I said “Let’s do this”
I jumped out the ride, and said “What’s up?”
some brothas pulled some gats so I said “I’m stuck.”
[Phil Mac:]
Since these girls peepin me I’ma glide and swerve
these hookers lookin so hard they straight hit the curb
Won’tcha think of better things than some horny tricks
I see my homey and some suckers all in his mix
[RTC Guy:]
I’m gettin jacked, I’m breakin myself
I can’t believe they taking Brennan’s wealth
they took my rings, they took my rolex
I looked at the brotha said “Damn, what’s next?”
[Phil Mac:]
They got my homey hemmed up and they all around
ain’t none of them seeing if they going straight pound for pound
I gotta come up real quick before they start to clown
I best pull out my strap and lay them busters down
[RTC Guy:]
They got guns to my head
I think I’m going down
I can’t believe this happenin in my own town
If I had wings I could fly
let me contemplate
I glanced in the cut and I see my homey Nate
[Phil Mac:]
Sixteen in the clip and one in the hole
CQN is about to make some bodies turn cold
now they droppin and yellin
it’s a tad bit late
RTC guy and Phil Mac G had to regulate
I laid all them busters down
I let my gat explode
now I’m switching my mind back into freak mode
if you want skirts sit back and observe
I just left a gang of those over there on the curb
[RTC Guy:]
Now CQN got the freaks
and that’s a known fact
before I got jacked I was on the same track
back up back up cause it’s on
C Q N and me
the Brennan to the Phil Mac G
[Phil Mac:]
Just like I thought
they were in the same spot
in need of some desperate help
the Paul Mc and the C-child
were in need of something else
one of them dames was sexy as hell
I said “ooo I like your size.”
she said “my Bentleys down and you seem real nice,
would ya let me ride?”
I got a car full of girls and it’s going real swell
the next stop is the Eastside Commonwealth hotel
[RTC Guy:]
I’m tweaking
into a whole new era
GOLD-Funk
step to this
I dare ya
Funk
on a whole new level
[Phil Mac:]
the rhythm is the bass and the bass is the treble
[RTC Guy:]
Chords
Strings
We brings
Melody
GOLD-Funk
where rhythm is life
and life is rhythm
[Phil Mac:]
If you know like I know
you´ll will wanna step to this
It’s the Generation of Lennon dominance-Funk era
funked out with a gangsta twist
if you smoke like I smoke
then you high like everyday
and if your ass is a buster
CQN will regulate
Hail Hail
Decks cleared here!
The Pantaloon Duck on 2 March, 2012 at 16:27 said:
Decks cleared here!
=================
and here, c’mon Paul67 help my poor heart out here!!
Are they going to blame their own players for not taking the deal?
My Boss is Peter Principle
“They had no ball, no football kit and used a bush on the green as a changing room.”
No ball??? That explains why they’ve been kicking lumps out the opposition ever since.
you had me at clear!!!
hail hail