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SFO, IPO, hell will freeze before SFA act

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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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  1. Now its here for everyone to see around the world their dishonesty,their corruption and nefarious ways can anyone be in any doubt that they won previous titles honestly.

  2. mearns 2 milton on

    KevJungle – “Walk-On” in the Jungle = Bliss

     

     

    I had a ST for many. many years. I currently have a two year old another due next month. I pay for Sky Sports, should I not be able to watch my team on tv as I cannot make games as reguarly as I once could?

  3. folly folly:13:24 on 25 April, 2013

     

    >>>>

     

    Brilliant, that.

     

    It’s criminal that such insightful analyses are never acted on.

  4. .

     

     

    Talking of Germany..

     

     

    Was there Not a Ex-Celtic Player..

     

     

    That Played..‘In Germany’..for Bayern..’In Munchen’.. to the Power of *Big Big Giant Number*..?

     

     

    Summa of RamblingRamboCSC

  5. Oh Dearie me…….

     

     

    Ibrox fans’ rescue plea to ‘buy-out’ tycoons…

     

    By MATTHEW LINDSAY

     

    THE multi-millionaire Rangers fans who were thwarted in their attempts to buy the Ibrox club last year were today urged to return to the fold.

     

     

     

    Former director Dave King could put more cash into Gers

     

    Former Rangers chief executive Charles Green has told the club board he wants to sell his shareholding to Greenock bus operator James Easdale.

     

     

    But former director Dave King has also revealed he is interested in investing in the club he supported as a boy growing up in Castlemilk. He is “information gathering” on the institutional investors in the club and hopes to open talks with some of them soon in a bid to gain a controlling interest.

     

     

    And other figures who emerged this time last year when former owner Craig Whyte put Rangers into administration have been encouraged to get involved.

     

     

    Glazing magnate Brian Kennedy, motoring tycoon Douglas Park and entrepreneur Jim McColl all expressed a serious interest in taking control of the club.

     

     

    John Macmillan, general secretary of the Rangers Supporters Association, is optimistic more wealthy Rangers fans will show their hand soon. He said: “If someone is a supporter and can show they have been a supporter for some time then I think it helps the situation.

     

     

     

    “It shows they are not just in it for the money. It shows they are in it to help the club. Fans are going to have reservations about anybody who comes in that is not a fan given what we have been through in the last 18 months or two years.

     

     

    “I gather there are businessmen watching the situation and waiting to make a move. I would not be surprised if one of the group that comprised McColl, Park, King or Kennedy came back in.

     

     

    “We certainly appear to be in a better position than we were a year ago. We have to be careful and we have to get the right people in, people who are able to take the club forward.”

     

     

    Meanwhile, Macmillan expressed hope that the investigation into Charles Green’s take-over of Rangers is completed swiftly.

     

     

    For he fears fans may be reluctant to snap up season tickets for the 2013/14 season – and over 38,000 of them did so this season – if there is any doubt over who is running the club.

     

     

    He said: “The investigation into the alleged links between Charles Green and Craig Whyte is going to continue. I hope that is concluded as quickly as possible. We are coming up to the time when season books are renewed soon – the renewal forms normally come out in the first and second week of May – and it is very important to get the fans to support this.

     

     

    “The fans have been magnificent this season. If there is still uncertainty off the field they may not put their money into the club. There needs to be calm if the club is to move forward. Hopefully there will be.”

  6. From the zombies fighter for truth & justice…………

     

     

    WHAT HAPPENS WITH SFA AND SPL IF WHYTE SENT DOWN FOR FRAUD

     

    THE net is closing in on conman Craig Whyte.

     

    There are so many police investigations into shyster Whyte going on that it is hard to keep track of which one is which.

     

    However, I am in possession of information from a highly credible source that one police probe is nearing its conclusion with only two people remaining to be interviewed.

     

    They are Garry Withey, the disgraced lawyer who was a Collyer Bristow partner when that London legal firm helped Whyte with his illegal Ticketus scam, the one which funded the deal which led to the purchase of Rangers. Withey, you may recall, later went on the run.

     

    And the other person still to be interviewed by Taggart is the man at the very heart of the scam, the old twister himself, Craig Whyte.

     

    As I said, right at the start, the net looks to be closing and the metaphorical noose tightening on Craig Whyte’s guilty neck.

     

    Perhaps that is why Whyte chose to try and muddy the waters earlier this month by launching a raft of allegations, coupled with threats to sue, threats which he soon passed on to a company he had been previously involved with and who he has now sold out to.

     

    But what if Taggart does snap the handcuffs on Craig Whyte? What if the Crown Office proceed with a prosecution? What if Whyte is found guilty of perpetrating a fraud in order to buy Rangers?

     

    That is something the recent ruling in the Chancery Court in London, in favour of Ticketus and against Whyte, who was again branded a liar, will make the job of the Crown Office of securing a conviction against Whyte, easier.

     

    So, let’s fast forward to later this year. Craig Whyte is lifted. Now let’s fast forward again, this time to the early part of next year. A High Court Judge tells Craig Whyte he has been found guilty of perpetrating a massive fraud on one of Scotland’s most venerable institutions, adding that legally Craig Whyte never owned Rangers and that the Rangers shareholding should revert to the position it was in, in April 2011.

     

    Pandemonium!

     

    Let’s leave it to the most skilled and expensive of m’learned friends to work that one out and to come to an accommodation with those who are the current shareholders.

     

    For the moment, let us turn our attention to football matters. To what such a judgement would mean to the Stewart Regan-Peter Lawwell-Rod Petrie-SFA Axis and to the Neil Doncaster-Peter Lawwell-Eric Riley-Rod Petrie-SPL Axis.

     

    At a stroke it would nullify any crime committed against the law of the land or the rules of the football authorities during the period when Craig Whyte laid fraudulent claim to owning Rangers.

     

    So, no problem for Rangers with withheld PAYE and VAT, meaning no Administration. So, no ten point deduction by the SPL in February 2012. An action which gifted Celtic the title last season.

     

    And no Liquidation. Leading to no need for Rangers to apply for the transfer of their SPL share from Oldco to Newco and the SPL’s subsequent refusal. Meaning Rangers should have been competing in the SPL this season. Something which would also cast doubt on Celtic’s second successive title.

     

    And then there is the matter of the Five-Way Agreement which saw Rangers have to go against a Court of Session judgement and accept an SFA transfer ban which had been declared unlawful and to give up their £2M SPL prize money as a condition of being granted a licence to play by the Scottish Football Association, a licence they would never have lost had they not gone into Liquidation, something which would never have happened had Craig Whyte not been laying an illegal claim to owning Rangers.

     

    Therefore, should Craig Whyte be nicked and found guilty of perpetrating the fraud on Rangers, which former director Paul Murray has again recently stated he believes is what happened, the Scottish Football Association and the Scottish Premier League would be in a pickle. In fact they would be up to their necks in a pickle.

     

    Rangers supporters want to see that shyster of a conman, that low life liar, Craig Whyte get his just desserts. But that would not be the end of it.

     

    Whyte being banged up in the Bar-L would be just a start.

     

    In fact the Stewart Regan-Peter Lawwell-Rod Petrie-SFA Axis along with the Neil Doncaster-Peter Lawwell-Eric Riley-Rod Petrie-SPL Axis must be secretly hoping that Whyte emerges from the police probe, which is closing in on him, as an innocent, reputable and entirely trustworthy businessman.

     

    And the chances of that happening?

     

    I’ll tell you when the pigs have stopped flying past the windows of the sixth floor at Hampden.

  7. Danso 13.29

     

     

     

    Bang on.

     

     

    The other clubs ,including Celtic ,want some form of Rangers .

     

     

    Otherwise they would be forcing the issue.

     

     

    Celtic want a weaker , injured Rangers,but they still want them.

     

     

    All IMHO off course .

     

     

    TT

  8. South Of Tunis on

    ” Glasgow City Council would be delighted to welcome Paramount Pictures to the city in June to hold a premiere or special screening of World War Z ”

     

     

    Glasgow Evening Times 25 /4 /2013..

     

     

    World War Z is a film about a zombie pandemic starring Brad Pitt —-rather aptly some of it was shot in Glasgow.

  9. Half expect there to be a new company called Sevco Football Association which is allowed to buy the SFA for £1 then set up a new ‘professional’ senior league above the SPL with teams invited by Sevco FA to be part

  10. Just read the article, not read back.

     

    Paul67, I’m sure most on here agree, the SFA will do SFA, but what about the clubs, surely the fans of Peterhead et al feel just as cheated as the SPL clubs did last season.

     

    Will the clubs demand action of the SFA, or will they seek legal intervention if the SFA won’t apply the rules.

     

    After all we have only ever asked for the rules to be implemented and upheld.

  11. Just heard on Italian tv news that Silvio Berlusconi is in Dallas for the ‘grand opening’ of this centre.

     

     

    Has he, and the ‘man’ who it is dedicated to actually read a book I wonder?

     

     

    Or visited a museum?

     

     

    http://www.bushcenter.org/

     

     

    HH!!

  12. Has the relocation of ST holders from the JS stand, anything to do with accommodating the newly formed Celtic Choir, who have been in training for the past few months?

     

     

    I remember reading about the wish to ” balance” the singing, by having a choir at the other end of the ground.

  13. Talkybhoy

     

     

    Just heard on Italian tv news that Silvio Berlusconi is in Dallas for the ‘grand opening’ of this centre.

     

     

    Has he, and the ‘man’ who it is dedicated to actually read a book I wonder?

     

     

    Or visited a museum?

     

     

    http://www.bushcenter.org/

     

     

    HH!!

     

     

    I think he me have have just looked at the name…..

  14. All this No TV, 3 o’clock Saturday is harking back to a mythical past.

     

     

    First Sunday game I went to at Parkhead was v Aberdeen. 55,000 against an average of half that. I had taken a Saturday job because I had to.

     

    First daylight game in ages. The atmosphere was electric. Lots of young guys like myself who could only make Wednesday night games, whose fabled atmosphere and attendance was in significant part down to guys like myself at the time.

     

     

    That particular game they closed the turnstiles to The Jungle and routed us to the Rangers end. We weren’t happy about that but when we got there what a noise we made. It compensated somewhat.

     

     

    BigNoisySheds.CSC

  15. kayal33

     

     

    13:54 on 25 April, 2013

     

     

    He blames everyone except the main culprit.

     

     

    David Murray.

  16. some form of ranger’s is required for money making,it’s how business men think, and it’s

     

    business that know control’s football, as the don [not aberdeen supporter] would say it’s not personel it’s only business, in reality when stripped down they are all gangster’s in on some shape or form.and a clone ranger’s is about making money, as i say it’s JUST BUSINESS.

  17. BTW no way was there 55,000 at that game. The Rangers end was tight, The Jungle rammed and the stand full. More like 75,000.

     

    The polis were letting people out of The Jungle but no-one in.

     

     

    CashWasKing.csc

  18. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    LIONROARS67. 1256

     

     

    Jee-zoh….

     

     

    Aye,but she was great,eh?

     

     

    She should rot for each and every one of those instances highlighted.

     

     

    And for the many more for which she and her ideology were responsible.

     

     

    Pity Old Nick took so long to be persuaded to take her…..

  19. I’ve got a better idea, why don’t we just scrap all rules concerning the Rangers because others need them.

     

     

    It’s just business after all and it’s just silly rules after all.

  20. Steinreignedsupreme on

    Zombie Lindsay – the poor man’s Keith Jackson.

     

     

    His pain is obvious. A desperate character.

  21. Tallybhoy

     

    13:34 on

     

    25 April, 2013

     

     

    Beauty! lol Almost got thrown out of the room was laughing so much :)

  22. Gordon_J backing Neil Lennon

     

    14:09 on

     

    25 April, 2013

     

    Tallybhoy,

     

     

    Berlusconi: “The Bush Centre is opening? Of course I’ll be there,”

     

     

    …………………………………………………………………………………………………………

     

     

    The clincher for the old lothario was when he was informed that…”Laura Bush will be there.”

     

     

    HH!!

  23. I’ve just deleted the last ever cel ran game on me sky box but kept cel barc , tony watt tony watt tony tony watt

  24. thomthethim

     

    14:03 on

     

    25 April, 2013

     

    Has the relocation of ST holders from the JS stand, anything to do with accommodating the newly formed Celtic Choir, who have been in training for the past few months?

     

     

    I remember reading about the wish to ” balance” the singing, by having a choir at the other end of the ground.

     

    ===========

     

     

    A Celtic Choir in training -WTF!! Are we going to have operatic interludes where Verdi replaces the old favs. Contemplating buying a SB even though i am rarely in the Scotland these days however one caveat to my buying a SB will be that i am seated near the GB -hopefully they’ll out sing the choir ;-)

  25. Paul, surely now that Mr lawell has sorted out season ticket pricing he can focus his attention on the SFA and its failure to respond to the comdey show with The Sevco and what was agreed in the mythical 5 way agreement. He is after all a member of the SFA professional game board who surely must discuss the goings on with all current professional clubs expecially the Newest Member, the one with no accounts or history.

     

     

    the members include all of those who the fans have lost faith in, maybe the Celtic trust can set up an e-mail campaign (simialr to the one for FAC and MSP’s) to contact these guys to pressure them and then a demo at the SFA agm in June.

     

     

    SFA Professional Game Board:

     

     

    Chairman: Rod Petrie (Scottish FA)

     

    Members: Jim Ballantyne (SFL), Neil Doncaster (SPL), Peter Lawwell (SPL), David Longmuir (SFL), Alan McRae (Scottish FA), Campbell Ogilvie (Scottish FA), Stewart Regan (Scottish FA), Sandy Stables (SHFL) and Ralph Topping (SPL).

  26. Summa do you accept my point that a lot of youngsters work Saturday jobs and have to be considered?

     

    When I scored tickets for the Real Madrid game my Saturday job purchased 3!!!

     

     

    Henry Healy’s.

     

    The requirement was to work Wednesday and Friday afternoons and Saturday. The manager agreed 2 of us could share the job and alternate when I put it in terms of getting to the game. Very good of him. He was Celtic daft and couldn’t make it himself.

     

    His name was Pat. Which doesn’t narrow it down very much in Henry Healy world.

  27. Steinreignedsupreme on

    Candygram Graham has been very quiet today.

     

     

    He had a busy night going through the ole scrapbooks removing Bombur’s angry heid from any photos he may have appeared in.

     

     

    Hunners of Bombur’s angry heids chucked in the box under the bed with the pictures of the Whyte Knight and Challs.

     

     

    Job’s a good un.

  28. Off topic.

     

     

     

    Back in from the offy, it has been totally revamped in the space of a week! Can’t find any of the usual stuff – gutted!!

     

     

    wicklowbhoy

     

    12:32 on 25 April, 2013

     

    Pogmathonyahun aka Laird of the Smiles

     

    ah you are quite close to bielefeld , paderborn, osnabruck . do you go see any of them play ? and more importantly whats the beer like up there :)

     

    ———————————————————-

     

    I used to live in Bielefeld and used to go and watch them play, very civilised watching football with a beer and a Bratty. Did have problems supporting a team that played in blue, unfortunately financials caught up with them! Also go to watch Dortmund on occasion, big Celtic following, especially in Europe. A good BvB pub in Dortmund is Wenker’s with many of the staff wearing Celtic tops. Can you spot the Hoops? :

     

     

    Wenkers

     

     

    As regards beer, plenty of good beers up here if you like pils then my favourites are König, Veltins ( say that quietly in front of Dortmund fans) and Krombacher. Also Herforder is quite popular up here. There is also a German bar in Bielefeld that does excellent Guinness, even better than the local Irish Bars. May favourite tipple is Weißbier which is available anywhere in Germany, I like Erdinger, Franziskaner and particularly Maisel’s (Bayreuth).

     

    You cannot get the Helles beers up here that abound in Bavaria, which is a pity.

     

    I love my Guinness, has to be normal not the cold, but I think Weißbier shades it for me.

  29. oglach

     

    14:29

     

     

    I wish I was in the choir.

     

     

    Verdi would be a great choice.

  30. gamriestu @1424

     

     

    Glad you enjoyed it!

     

     

    It’s good to laugh!

     

     

    Off oot!

     

     

    HH!!

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