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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HT
grapes you say?
still flipping waiting…
Mea Culpa
10:37 on
26 April, 2013
“Pump and Dump”
http://www.investopedia.com/terms/p/pumpanddump.asp
Rife on AIM.
Burghbhoy said @ 09:52 on 26 April, 2013
Celtic Park is magic now.
Mind u I preferred my days in the Jungle, in a sea of Fenian humanity .
Also a sea of p..s if I’m honest.
Great days indeed , all our yesterday’s .
In my winching days (quite a while back) I took a burd to the Jungle to see a Dryburgh Cup semi final (told you it was a while ago) agin Aberdeen. She was wearing wedge-shaped shoes at the time and when we scored the crowd jumped and surged, as it did back then. When we got back to our starting point eventually she was one shoe down and wanted me to go down THERE among all THAT to get it back for her. While I was prevaricating, my best mate did the decent thing and returned, manky, but with the shoe. Belive it or not she is now still Mrs Emeraldbee, but has declined most invites to return to Paradise.
Morning CQNers
I’m just trying to get the picture here. Have SB holders from the – lower sections been relocated or, is it the upper sections ?
The reason I ask is – I gave my SB to my bro a few seasons ago(WGS era) and the seat was in the – JS Lower section 139. I haven’t spoke to my bro yet so, I’m in the dark about it.
My hunch told me that – the upper SB’s would be moved to the lower to save embarrassment wi the stadium looking half / full / empty ?
To cut a long story short – I think the SPL / SFA or whoever…have to pursue the German league’s style with – standing room creating a good looking spectacle and brilliant atmosphere. imo
I mean – Scottish fitba is now a wee backwater in the game so – what’s the problem ?
The Taylor report ? Was that bill not in some sort of conjunction with UEFA ?
If it was…why can’t we have standing room ?
I’m going to be cynical here….I think that the SB era is over.
There used to be a gun at fans heads – held by the boreds of us and that died team that went along the lines of – “If you don’t by a SB – you wont get into the O## F### game.
I don’t buy this £100 gesture p### !!! Aye, right.
Neil is at it as well wi his tantrum about the POTY nominees.
Neil…Cellic were Brill in the CL. Absolutely BRILLIANT. imo
But, Neil…domestically – no one is being fooled anymore – the park is half / empty / full.
Have you ever stopped and thought as to why that is ?
Also…Neil – you’ve just done Leigh Griffiths Cup final team talk.
Trying to restore some balance to the blog CSC
Happy Clappers v The Malcontents
Bring it on :)))
Off oot.
Latest from Celtic
Celtic Park reconfiguration
By: Newsroom Staff on 26 Apr, 2013 10:19
OVER recent months, Celtic Football Club was pleased to undertake extensive research among our supporters to make sure we continue to provide first-class service and to look at any areas where we can improve.
Our fans are the lifeblood of the Club and it is vital that at all times we listen and act accordingly to meet your needs.
Following an extensive survey of our season ticket holders, we have seen strong demand from supporters for a new and improved matchday experience. Clearly, there are many ways in which we can do this and one of the measures we have identified is a reconfiguration of seating within the stadium.
As we attempt to improve the atmosphere, provide a new matchday experience and focus on the development of a new family facility, this may involve a small number of relocations. This will take place from the start of next season. It will mean a small percentage of season ticket holders moving seats and we are in the process of communicating the details of this process directly with any supporters affected.
We understand that many people will welcome this opportunity to move to a new location within the stadium. Indeed, during the course of the season we receive many requests from fans to do just that.
Those season ticket holders who have received a letter from the Club can visit/call the Ticket Office on 0871 226 1888, option 1, option 2* and Ticket Office staff will be happy to assist supporters in selecting a new seat for season 2013/2014.
This is an initiative which we believe is in the best interests of the Club and our fans. It will create a much improved atmosphere at Celtic Park for all our supporters at most matches and the club would like to thank all supporters for their co-operation.
There are many more reasons to belong at Celtic Park next season and these will become clearer over the coming weeks.
For full details on 2013/14 Season Tickets go to http://www.celticfc.net/beceltic
HH
Dixie Deans superstar!
It’s funny how a lack of sevcovian misery, on a daily basis, now upsets me..
I WANT MORE!
HH
Totally agree with all the comments about upgrading the facilities at CP.
When the stadium was “completed” it was a magnificent achievement and a lasting monument to Fergus McCann who triumphed over the many doubters. Obstacles they said were unsurmounable were overcome ie The pylon at the Celtic End, the Graveyard behind the jungle etc etc.
However the stadium and facilities should be an ongoing project. The whole area has been redeveloped and regenerated and we can now confidently take a prospective player on a guided tour to CP.
The days ( many good times) of pubs like the Grange where some on here will remember being served through a hatch, are rapidly deminishing and I agree with PL that this is 2013 and culture has changed. IMO providing fit and proper facilities can be in place then they should approach the Licensing Board Asap.
Ref the Spartek game I asked a policewoman why there were huge queues near kick off time when it was an all ticket game.
Her reply was poginant:- because they are all like you, grabbing the last pint before rushing to the ground.
HH Always in Celtic.
Kevj is Peter Lawwell
Luckily ive been to Lourdes HT, but Medjugorje was breath taking.
Heading back there this year all going well.
burgas hoops
11:01 on 26 April, 2013
#####
Medjugorje, or as it’s known in pilgrimage circles ‘The Lourdes’ ;))
KevJ, people are being asked to moved seats to get a better atmosphere, if that means the cameras cant see empty seats its just a happy coincidence, ya old cynic ye.
The biggest advantage of having a season ticket this year is price, matchday tickets wont come down enough to make them value in comparison.
It also gets you the right to get tickets for the CL games should we get there.
BT, glad you’re home, save me some medication
HT, I played 5’s a couple of weeks ago, couldnt walk for days.I blame CRC.
Going back next week though.
BT
I’ve got your grapes here. I’m going to save some of the Lourdes water and turn it into wine!!
CanaCSC
Crushed Nuts
Why is it I laugh just when I see your moniker???? :-)
Burgas
I’ve been to Medugorje twice. I’ve not been the same since, it was genuinely a life changing experience.
Kev J
I’ve had a season ticket since the 89/90 season. Tickets even for the games against the huns weren’t a problem and I don’t remember anyone holding a gun to my head back then.
another Jphn Ford classic on Film 4 Cheyenne autumn
Morning all
Kev Jungle
Agree with quite a few of your points though the £100 reduction in season ticket prices doesn’t seem a bad thing to me. Quite the opposite. I’d imagine that converting areas of the stadium- probably the lower tiers of the Lisbon Lions and Jock Stein Stands- would present a few logistical problems but it’s surely worth trying?
Totally agree that NFL’s comments re POTY have potential to really rebound on Celtic come the final. Don’t know why he and so many others are wasting so much energy on this point.
Regarding the idea of having bars at the park I am not sure. Not saying there haven’t been times when a beer or a dram wouldn’t have gone amiss at CP – and I dont see why the great and the good should be able to drink inside the suites whilst us riff-raff can’t – but it’s hardly a deal breaker either. The polis won’t wear it anyway
As the fella said ‘off oot’
Jimbo
Huns shares 56 p – tora, tora, tora
Mea Culpa @10:37 it’s possible, but certainly illegal.
It’s unlikely to entice any 3rd party to buy.
The problem is this.
Let’s say you agree to buy them off me @ 67p and I agree to buy back @68p (duboius legality). You buy and I renege. I have your dosh and you have some useless paper.
Let’s say the agreement was in writing. You try to enforce it. You’re then going public with evidence of potential criminal wrong doing. To sit alongside the existing audit trail.
In addition the stamp duty (0.5%) payable on such large sales is significant.
Now I am in no way suggesting that the investors in whatever their name is would stoop to such dubious practices or worse still double cross each other.
Been to ticket office this morning to attempt to move 3 adult n 4 kids tix as per Celtic’s request. Turns out this is not possible at this time due to there not being another 7 seats together available.
Wasn’t to worried about moving as I have moved 4 times since 1995.
Lady in office explained reason for moves is to bring people at back further down in an attempt to relocate using up redundant seats vacated by non returners. There are a couple of hundred seats in each area that if people moved along a seat or 2 the single seats available could then be grouped for resale or offered to existing SB holders for relocating their groups to a better seat in same section.
Actually makes sense for club to attempt to do this but I imagine it will be a logistical nightmare to manage.
MWD
The Grange……….feck it was like the Tardis, didn’t know you could get that many folk in a pub.
Bma
Tomtheleedstim
You’ll soon no even be able to buy a caramac bar wi one of their shares :-)
#celticrubikscubeconfiguration
I know that it must be incredibly frustrating for those who are being forced to relocate to new seats at Parkhead, especially supporters who have built relationships over the years with those around them.
My understanding is that the need for this has been created by Celtic’s desire to establish an ‘elevated seating area for disabled fans’.
In my opinion this is long overdue. A guy from my bus, who travelled everywhere to see Celtic, recently lost both of his legs. The club is a massive part of his life and the angst he felt at not being able to attend games was clear for all to see. Only because of contacts was he able to secure a seat in the existing disabled section in the stadium.
For too long CFC have ignored the need to upgrade for those in similar situations.
Bt is Barry Norman……………while the rest o us work.
Keep that leg up.
Bma
Moonbeams @11:12 that’s the best post I’ve seen on this whole business and if I were you I’d repost it a few times.
It suddenly made me realise that the Ticket Office staff have a bit of a job on their hands, not helped by the unilateral and ultimatum style of Celtic’s initial letter.
Perhaps Celtic ought to have you proof read or write their releases on this thorny subject.
Re the front page sevco story.
Can that mob sink any lower?
I’m hearing the SFA offices are closed today, they will re open in 2017 when they hope everything will be hunky dory.
HT
Your injury result in a sick line for tomorrow?
That’s three explanations proffered so far for the relocations: create a family section, create a disabled section and get everyone closer to the pitch.
Any more?
On the alcohol sale at CP.
It is possible to do it in a controlled way. Your ST could be swiped at the bar and you are allowed 1 or 2 pints.
I know it may be abused but I think staff should be able to refuse drink to anyone too p***ed and most fans would be responsible in its use.
Photos on ST ‘s could also be used.
Just a thought.
Good Morning Bhoys from a dull but dry Airdrie. I hope all is well. The rags have Shiels (negative Celtic) opening his big gub again i see and Pat Fenlon (positive Celtic) and guess what one is all over Celtic Newsnow, Yup the Negative one. On the season ticket issue, i know its a case by case but hopefully you guys will be getting better seats and closer to the action, it should have been done earlier in the season for next season and they could have asked who wanted to be moved first rather than rail roading it now. Anyway i hope one chucks their tickets because of it.
Hail Hail and is today not supposed to be a Big news day in the land of mordor?
KLV
Ernie
subliminal attempts to start a CQN list will not be tolerated.
Ernie
what about saving money on stewards etc..
police showed Celtic how to kettle the fans on the Gallowgate now Celtic will kettle us into Celtic park
blantyretim @ 11:08
I’m trying to finish performance reviews, I’ve got the washing to hang out and I’ve a pot of home made soup bubbling away on the gas (needing stirred regularily) and now you mention a classic .. Cheyenne Autumn … how am I meant to earn a crust?
PS – good to hear you’re home. Keep it lit
P
that should have read “NO ONE” chucks their tickets because of it. ;)
KLV
And just noticed ‘Ice cold in Alex’ is on next !
…..its Friday…..
Infrequent poster here but big fan of CQN
I always wondered who is really behind trying to save Sevco from extinction? Is it DM, or CO, or someone else; the ‘establishment’ or a secret brotherhood? Or maybe this was part of a long-term plan?
I found it odd how outsider Stewart Regan was appointed Chief Executive of the SFA in 2010 – who’s sporting experience includes Chief Exec of Yorkshire County Cricket Club. When Neil Doncaster (born in Devon apparently) was appointed in 2009 as Chief Exec of SPL – who’s previous experience included Chief Exec at Norwich City and work with the English FL and English FA – it seemed like he had suitable experience at the time.
Is it possible that Yorkshireman Charles Green (who incidentally owned a farm in Devon) and Neil Doncaster were already acquainted with one another when they were Chief Executives of Sheffield United (1996-98) and Norwich City (1997-2006) in the League 1?
Could Green, Doncaster and Regan all have met one another previously?
I’m probably reading too many CQN conspiracy theories but just wondering if there is a bigger picture and this has been pre-planned all along.
BMA/Pod I
I shall desist in the coming weeks..
mea culpa @ 10:37
The price suddenly goes up because someone wants to buy and no-one wants to sell at the prevailing price. The price will go up to a point where it becomes attractive for someone to sell.
The same in reverse. The price falls because there are sellers without buyers lined up. The price falls to the point that it attracts buyers.
I don’t think there is anything sinister. I too don’t understand why anyone (except fans looking for birthday presents) would buy shares in sevco, but then I’m not a gambler.
Went to Wembley to watch Celtic in the Wembley Cup. You could buy pints. It was the watered down variety and was £4 a pop.
The facilities are not good enough in my opinion to support a drinking area. The toilets need to be increased in size for a kick off.
There needs to be more areas to rest your pint on while you read your programme or check out your phone or whatever. Where do all the empties go? They would need huge bins or something similar. It’s a bit of a logistical nightmare but would be a huge earner for the club. No doubt about that.
If you can drink at other sporting events and at football in England I think it is worth doing. Celtic will have to pioneer it and it may be worth trialing at a friendly or something similar to see if it is possible and how it impacts the facilities (toilets, etc).
What Celtic are doing is thinking outside the box. How can we maximise revenues?
How can we improve fan experience?
How do we get fans to the ground as early as possible to stop the wave of supporters near KO time?
Pre match and half time entertainment which will ensure fans are in earlier. I think some kind of build up magazine show on the big screens would be a start. A 30 min show for people to watch previewing the match with ex players and classic games between the teams. I don’t know how much that would cost to put together but most of it would come from the club archives anyway. It would be a case of putting it together. Some of these clever chaps on YouTube do it pretty quckly.
I think Celtic are going in the right direction. The match programme should be reduced in price and contain the match basics. The programme is dying in it’s current form. An online version for Internet/Phone/tablet should be designed and the team sheet can be added to make it more relevant and interactive. The actual match programme should be as cheap as possible to ensure the sales are higher as it is out of date as soon as it is printed. Special souvenir programmes can still be printed in their entirety for big matches.
Celtic are definetly going in the right direction. Some things will work. Some things won’t but everything must be looked at, trial if need be and put into practice if it is a success.
I have been to the rugby and you can listen to the referee by purchasing special headphones and tuning in whilst in the stadium. May be worth having our own radio set up for matches and relay the commentary. People in the ground can tune in (not everyone can see all that well). People not at the game can also tune in via the Celtic FC app on a phone/tablet or the CFC website. Not a big cost again but the atmosphere would certainly come across better on our own production and it would also stop people tuning into the other stations offering commentary. There could also be a phone in after the matches for some comment and interviews. Let our people interview the players and managers and provide the sound bites to the others.
Just a few thoughts on what we are doing and what could be done. Most of that may already be in place or going to be put in place or my own drivel. Helps me get through the day typing it out and getting off my chest though!
LB