An appropriate course of action when you are the chairman or a non-executive director of a PLC when a fellow director and, until last week, chief executive, has been reported to the Serious Fraud Office for matters in connection with the company, would be to immediately contact the accuser asking for full and immediate disclosure of information which could materially affect investors and the company’s trading position.
The “compelling evidence that Messrs Green and Ahmad received a letter before claim in December 2012, having received previous correspondence, and chose to ignore it” sounds like a signed-for receipt. If this was received before 22 December, the date of Rangers International FC PLC’s IPO, it is of critical importance that the board ask for sight of the evidence, irrespective of what Mr Green says about its existence.
This season’s Third Division has nine days to run and it would inconvenience many if these matters were brought to a head before then, but the duty of directors is clear; they cannot postpone attending to the interests of investors until after the football season.
Lawyers acting for RIFC PLC should politely request full disclosure from the other party, without delay.
Some in the SFA may be tempted to attempt another Grand Plan to prepare for and accommodate and almighty collapse at one club. Grand Plans don’t work in these circumstances; the last one led to the current Lawyers at Dawn scenario.
We await the SFA acting in relation to RIFC PLC’s claim that Sevco 5088 Ltd, a company Craig Whyte is a registered director of, is part of their group. This is in direct contradiction to an earlier representation made to the SFA, and breaks a condition of their membership of the Association.
Current SFA president, Campbell Ogilvie, is a former Rangers director. My prediction is that hell will freeze over before he allows the SFA to act on this matter. The SFA shall wilfully ignore its own rules.
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BlantyreTim – didn’t realise you hadn’t been well. May your recovery be speed and complete.
All the best. RT
speed = speedy
d’oh
Gerry
ongoing complications of compound fracture from years ago..(the good old days)
too young for a new knee so upper tibial osteocapthy or something..
palacio67-stories of guys going to TO to renew and being moved a few seats/rows
greendreamz
18:59 on
25 April, 2013
I feared that that was what you were hinting at. You are making a crass assumption. So all Protestants supported Rangers? What errant nonsense. Many despised them. Do all Catholics support Celtic then? Thanks for answering my question but your point is very much wrong.
greendreamz
Platini had the chance to change football for the better , IMO up until now he has failed miserably .
HH
HH
as mentioned above, the deflection tactics of SSB,SMSM & general sevcovians is comical. I d one even wanting to talk about fishing!
Not ONE journalist is prepared to challenge anything or anyone, which highlights how unusual it was to get to hear ” bomber Brown” turn over Tom English..
The collective denial is adding to their failures . Always best to own up quick, as it often passes quicker..
Tomorrow could be ” a changing day”
JCGE
BT 19.05
Minx’1888 bed doubtless provides many therapeutic delights. Good to know.
Palacio67
18:22 on
25 April, 2013
Palacio, no info but perhaps the JS Upper will be closed depending on ST uptake?
Makes sense in terms of stewarding, atmosphere etc if uptake is less than 45K.
mrs masty of all people has just commented that some sort of conversation on facebook regarding the re-locations, some saying it may have summit to do with a safe standing area, dont know how to do the facebook thingy so only repeating the gaffer.
tommysbhoy:
Relax my friend.
The more desperate the analysis the more desperate the situation.
Hannah’s line that sevco are vital to Scottish football is old hat, the standard MSM line on the protracted sevco death throws.
The reality is that cleansing itself of the corruption implicit to sevco’s existence is what is vital to Scottish football. The SFA, MSM and hunndom more generally will be forced to acknowledge that fact even if the doing of it will stick so firmly in their throats a good proportion of them will be as liquidated as their favourite tribute act.
They are shafted. Enjoy their pain…
could it just be possible that david murray still owns ibrox and has been controlling the club through proxies like whyte and green all along???????
Pneumonia,eh
I never had it myself but Mrs DJBEE had it and was off work for five weeks, she has been back about 3 or 4 weeks and still going for xrays.
Wouldn’t wish it on anyone, well nearly anyone.
As long as those who run the SFA are in
place…….the hun will be with us, in one form
or other…..no matter what they have done,
or do.
west csc
19:21 on
25 April, 2013
could it just be possible that david murray still owns ibrox and has been controlling the club through proxies like whyte and green all along???????
Showusrapound
BT + oldtim
Sorry to hear of your ailments and I know its nothing to do with going to the bar or buying your round as I have been a wee bit tipsy in both your company a few times, all ending up the one way.
I am going to the the Wayside do in the Hilton on Saturday and will toast to both your healthy with quite a few sherbets.
Speedy recovery to you both.
Kikinthenakas
Tommy on live now.
http://www.spreaker.com/user/glasgow-radio-online/7pm_live_sevco_show?autoplay=1
Che, 18:32
Len Brennan, 18:38
There’s a lot going on, fret not.
We’ll all know more next week
Decisions, decisions, Basel v the London huns ITV HD or Fenerbahce v Benfica ITV4 HD
Mon Basel…
Plenty of cops yesterday in Basel for the arrival of the Chelski fans…
Once again, I am so proud of NEIL ………. It is a complete and total nonsense that a Celtic player wasn’t in the last 4……… More evidence of the bitterness throughout Scottish Football against the team that is keeping them alive…….. how NEIL managed to remain calm during his interview is beyond me……. I would have ‘ripped the F*nnies one’ ……. anyway, we know our Grand Old Team is a beacon of honesty, integrity and character, amidst a cesspool of ingrained bias / bigotry from the small-minded cretins still living in the 17th Century….
One good thing, though, is that they are now struggling bigtime to ressurect the zombies, and there is more to come out about the arrogant corruption over many years…….
ONWARDS AND UPWARDS FOR THE FAMOUS GLASGOW CELTIC……AND GOD BLESS NEIL LENNON……..THANK YOU SO MUCH FOR A FANTASTIC SEASON, NEIL…… I WILL NEVER FORGET THE BARCA GAME..
I don’t want the Sevco shares to drop in price.
The more future owners have to pay to acquire them, the less they will have to spend on rebuilding them.
TT
Masty
Felons or shamrock good for starters but need to be at Boucher road early traffic there is always a nightmare never mind the mobilisation of the red army !!!!
Telling ya get down for about 1.30 enjoy a pint & a sing song then a wee stroll up – I’m getting too old for this rushing about carry on !
Tinytim,
Agree ; the more share purchase money that is trapped in a future legal case the better.
Egos competing with Green and Whyte will make for great entertainment.
My money is on our hero Whyte ( from my legal advisor , who is close to Pedro and employed Paul McBride QC RIP ).
The game has only started.
If BFDJ’s voice gets any higher I’ll need to get the dog to translate.
He must regret coming back to SSB.
Not listened for ages but this is comedy gold.
Seville67
cliftonville celt from belfast
we are booked into the ibis on castle st…any good…? deffo meet up. speak nearer the end of week mo chara.
Whyte has been demonised by the MSM …..he has nothing to lose
Once again the MSM assist in the Hun demise
What a gig for Southgate and Dixon
I caught Jackson on shortbread earlier. What a hypocrit. He’s on about working 24/7 for the last year and a half on the Sevco saga, then he decides its safe to bad-mouth Chuck.
This guy was never off Talk-Garbage praising Chucky. In fact I wonder if Keys and Gray will invite Jangles or Challs back on for an update of events.
minx1888
sent you a reply; keep forgetting to check fb :)
Duff & Phelps announced they will be taken private by a consortium of PE firms. Valuation $665.5m.
All of D&P profit growth from 2011 to 2012 can be attributed to RFC administration.
Next question for Bomber.
How much is in the bank?
As posted last night, my hun friend says that was the major topic today.
The bank statement is showing a deed pigeon and a empty packet of golden wonder(plain)
cliftonville celt from belfast, 19:32,
Lucky man. Was there in 1979 but will be watching online this time.
Interesting decision to drop GSTQ beforehand.
A Reds treble, Celtic double and a decapitated Zombies before summer?
Jelly and ice cream all round my good man
Palacio67
19:05 on 25 April, 2013
Forced relocations at CP , anyone in the know?
davidmccallumcsc.
HH
The wife and I got a letter through the door today, telling us we HAD to pick new seats or they will be picked for us.
After having our seasonbooks for 17yrs to say we are alittle miffed is an understatement.
Seriously thinking of giving up our books and just picking and choosing our games now.
HH
Blantyre Tim
Three days in bed? Is that the medical prognosis?
Ben Casey CSC
They should just stop all this arguing and give POTY to Scott Brown for the next 5.
PeaceMakers.csc – Assisi branch (olive).
Lucky Cody
I would prefer Whyte to come out on top.
They would melt like snow on a BBQ.
What I am hoping for is that the £21 m raised in the IPO, is eaten up in operational costs.
If I we a Sevco fan , I would be banging the door down to establish, if they are actually losing £1m a month.
If this is true , then they MUST slash current running costs.
The lack of a truly investigative press is also killing them.
The are self harming at a level that most mental institutes would not cope with.
The new born baby is eating it’s siblings.
TT
Not impressed that some of us are having to move seat.
I’ve sat at my seat for 16 years and now I have to move. Not best impressed.
Does anyone know if Celtic are going try and be sneaky and charge extra for moving us? My seat was only 430 last season. If I have to move to a different seat surely they have to give me a at the same price?
Totally gutted. Love my seat.
Anyone know what the improvement is?
It better be out of this world amazing!!!!