On the face of it, it’s just too crazy. Why would Craig Whyte become a director of Sevco 5088 Ltd, the vehicle his collaborator and Our New Hero, Charles Green, would use to buy the assets of Rangers from the administrators?
What options did he have?
He was, is, and for the foreseeable future, will be… the only show in town.
Whyte had controlling shares in Rangers and a security over Ibrox and other assets, as well as personal guarantees to Ticketus. If he wanted to realise the value of these assets, and protect himself from the consequences the Ticketus action which materialised this week, he was probably the only man at Ibrox last year you could guarantee would not, walk away.
Either Whyte had to find a 100% secure proxy to carry out his actions or he needed controlling interest in Sevco 5088, and Whyte is not a man who strikes me as having many strong trust bonds out there.
The Companies House form which STV produced (again, credit where it’s due) was always going to be fatal to Whyte’s plans, if produced, but it would have been no more than an insurance policy against Our New Hero going rogue.
The form hitting Companies House is not the moment you become a director in a company, that happens as soon as an offer is made and accepted. The company is obliged to inform Companies House within a short period (lazy journalism moment, I can’t be bothered looking it up), but failure to do so only incurs a small penalty fine.
Whyte and Earley were controlling directors and, in case Green reneged on their agreement, they would have documentary evidence to prove it. If Green had performed on demand, they may never have had to produce the document.
A number of possibilities could explain the fact that Green transferred the assets of Sevco 5088 to Sevco Scotland:
He thought that Whyte would be reluctant to incriminate himself further and would simple go away.
He thought he could transform the business and compensate Whyte with the proceeds.
He is simply not smart enough to know how these things operate.
Or he may have a subsequent agreement with Whyte terminating his involvement with Sevco 5088, although this contradicts his evidence to STV cameras earlier this week.
The weeks ahead are likely to be so busy it will be hard to retain focus on the critical path. Green has known for some days that he would have to go and replace himself with someone he can sell as a ‘true Rangers man’ to the most gullible people to walk on hind legs before season ticket renewal time, but even that date will seem a long way off.
Whyte will not budge until and unless his money is covered. We’re talking £18m to Ticketus and no doubt some more for his trouble. In playing the Sevco 5088 director registration form, his Doomsday Card, he has invalidated Newco’s associate membership of the SFA. He has called into question the fair and open disposal of assets by Duff and Phelps and the entire administration process. He even stayed quiet until Green flushed out a fair amount of supporter cash.
Some of the least trustworthy looking people in history, assisted by a supporting cast who were willing to bat away all concerns and warnings for a crumb or two from their table, have trashed every last inch of what we used to know as Rangers Football Club. This was not the act of Green, Whyte and Sir David Murray alone, many authors wrote this story.
On any measure of humanity, the monkeys, the organ grinders, the cheerleaders and their flunkies screwed the Rangers fan in the street to a ridiculous degree.
The next actions are for the stock market and some technically minded police officers as they try to figure out the Great Football Swindle.
At this side of the city we’ve been warning about exactly this link since Green told everyone Craig Whyte was happy to walk away for £2. It was astonishingly stupid for anyone to believe that. Really, really, really stupid. The most stupid thing a whole bunch of stupid people has ever done.
Ever.
Just stupid.
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Always gets the hairs on the back of my neck tingling
http://www.youtube.com/watch?v=HYEU91d8ngc&list=PLCE6F86312700055F
How quickly we forget!
Worth the 3 sec ad skip.
http://www.youtube.com/watch?v=6BU6VvcmnbA
What chuckles really wants:
http://m.youtube.com/watch?v=MSoTz3qVgH8&feature=related
Fortunes Favour Mibbes
Hehe
Yer doing fine m8ty.
But heres a good laugh.
http://www.youtube.com/watch?v=GLBW8L198GQ
Danny Mac was the greatest ever right back.
Bobby was the best passer of a ball.
Jinky mesmorised the Bernabau
Henrik was the best i’ve ever seen.
HH
In a few years will we say
http://www.youtube.com/watch?v=qSl7bD3EqjI&list=PLCE6F86312700055F
Winning Captain
Surely you jest?
Never knew that. I have been googling all variations on “who was arrested for …” etc and read no mention of his name.
Well smack me silly with a kipper and call me Roberta.
Did I break it???
http://www.youtube.com/watch?v=FHixChYgGRI&list=PLCE6F86312700055F
Pink and fluffly
petec @ 01:09
HH Amigo. All around us. :((
I hear ye.
http://www.youtube.com/watch?v=tdLrPdRn7iU
Heard Keevins tonight “the ranjers board also want to know what’s going on”.
And so it begins again…this isney ranjurs, this a big bad bogey man.
Imagine Fergus doing what Green & Whyte have done? Would that have been Celtic?
You bet it would.
I thought there was only one Gorilla in the room over at asbestos park…,
Turns out there were two!
https://twitter.com/fu99ie/status/322844713344454656
Neil Lennon listens to The Fu99ie Dew
01:32 on
13 April, 2013
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muhhahahahahahhaah
Just Class, listen all the way thru………..beautiful
http://www.youtube.com/watch?v=_wn6UHWXiyc&list=PLCE6F86312700055F
There’s only so much we can say on days like these, amigos.
G’night !!
http://www.youtube.com/watch?v=0NFV8dHrZYM
Night All
Learned something new and had a laugh at Sevco 5088 Ltd and Sevco Scotland Ltd whats not to like.
clunks
01:25 on 13 April, 2013
One of my all time favourites.
And here is my last one of the night from the seriously good Sabres of PARADISE.
http://www.youtube.com/watch?v=ZXWo9nW2uK8
Oh ok then another one squeezed in for good measure……
http://www.youtube.com/watch?v=Xa_iOGzoY9A
:)
NN & HH
Owen
Not widely known but part of the fun to follow!
apparently chris graham is on the look out for a five finger kitkat !!!!!!!
petec
Quench has been added to the playlist
Challs Says (makes as much sense) always tell your mummy
http://www.youtube.com/watch?v=4si4UOAXaaE&list=PLCE6F86312700055F
See you Sunday Neil
What if the document is a fake / Craigey forgery? I’m too drunk to work out the implications of that, but maybe Challs is telling the truth????
Then again, mibbey naw :-)
BGFC
Where are the bdo .hmrc. The met fraud squad . The stock exchange when u need them
Big Georges Fan Club
Who cares if its fake.
The very fact that somthing it has came out and taken life will hurt them whether it is fake or not.
Truths are something they have troubles in dealing in.
Let them work out the truth.
Meantime, just laff coz…………it funny
Fred C,
You never disappoint :))))
Night,
HH
Some goodies from Shallow shallow,
Is anyone else just depressed?
First attempt at a thread but here goes
After reading about the shenanigans at our club all day and now tonight’s late statement from green, I am truly in a state of depression. I haven’t touched a drop for weeks but tonight had a huge headache brought on by reading about our beloved club and the chancers In charge so I took 2 aspirin and drank a bottle of glayva
Yes I’m a bit tipsy but my overriding emotion is one of depression, I like many bears can’t make head or tail of all the goings on, I’ve seen things about companies house I don’t even now what that is? It’s just lie after lie and as a bear who just goes to work makes sure the family are okay and pays the bills so I can go to ibrox on a Saturday , where will this nightmare all end?
Was just wondering if anyone on follow follow feels the same, all the high faluting talk is Chinese To me
Hopefully tomorrow Walter will sort all thi out once and for all at the board meeting something’s got to give surely?
Off to bed head bursting
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Not really.
I’m actually of the belief that it’ll soon come to light, and I mean all of it.
Police investigation gathering speed, the board meeting tomorrow with perhaps the removal of Green (can that happen tomorrow ?),…
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Lets hope so mate, let’s hope so how long can this drag on
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Certainly not depressed. I take the view that no matter what has turned up from companies house there is still no link between Craig Whyte and Sevco Scotland. For me that makes our license to play beyond the SFA.
Also the media campaign to discredit Charles Green might well play into the hands of any would be Rangers minded suitor.
But a blind man could now see that Rangers have been the victim of a massive fraud that will engulf Whyte, Whithey, Duff & Phelps and most probably others.
—————————————————————————————————-
The club is a laughing stock and stumbles from one car crash to another. The last 3 owners have been lying, duplicitous double dealing scumbags. The team and manager are woefully inadequate. The stadium requires millions of pounds worth of investment.
I am also depressed.
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t’s a total head fu(k. There is so much to take in it’s hard to make sense of it all. I just want some concrete answers. All this guess-work is a nightmare. I’m really hoping tomorrow’s board meeting will uncover some answers and shed some light on what’s been going on behind the scenes.
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Not depressed – just angry and up for a fight. I’m an Ulsterman and that’s what we do when the going gets tough. Don’t throw the towel in Bears – ‘When you are going through hell…keep on going’.
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Scunnered at the state of things & all the sh**e flying about about our club
But galvanised to fight against all our haters because by f**k they are all nailing their true colours to the mast & should never ever be forgotten in this episode of our history.
Delahunt in particular tonight
Look forward to the day we are back to on the park matters & not off it.
And to be honest when Green etc are gone & we have people we can truly trust at the helm.
Until that day & beyond we will fight on.
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No, I’m actually fine.
Why? All this week my wee fella has been at the Rangers soccer school with over 100 other kids at the Ibrox complex. It has been a fantastic experience and he has loved every minute. He met Templeton during the week, got pictures and things signed ect, then today he got presented with his certificate (as well as all the others) by the legend Ian Durrant.
Next week all the kids will be playing on the pitch at half time (some of them are doing it tomorrow).
Seeing all those young bears today, all the coaching staff, and everyone else involved to make it possible, warmed my heart. This off field stuff just now is a pain in the arse, but I won’t let it ruin what has been a great week for a lot of kids who are the future of Rangers Football Club, which shall always be here for years after Charles Green has left.
————————————————————————————————————
I am alot better than I was last summer anyway.
We will come out the other side of this.
————————————————————————————————————
For the past 14 months the mhongo hordes tried to kill us and failed,
Now they are going down another route, to discredit CG at every turn,
Lie after lie, coming out with false statements being fed to them by sources
CG at this moment is what we have, and his spokesman says it in the hands of the lawyers and the police, then good,
I honestly hope it all comes out sooner rather later and start taking these ##### to court. we the Rangers family deserve to know the truth..
WATP.
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Fortunes Favour Mibbes,
G’night :O).
zimmerman
the best hun quote
‘The club is a laughing stock and stumbles from one car crash to another. The last 3 owners have been lying, duplicitous double dealing scumbags. The team and manager are woefully inadequate. The stadium requires millions of pounds worth of investment.
I am also depressed.’
Did you awe naw this?????????? Genius
http://www.youtube.com/watch?v=__rO4E2InsQ&list=PLCE6F86312700055F
Clunks – don’t you just love their chaos????
The amount of sh!t we had to put up with during their (now shown to be fraudulent) “glory years” – I hope every one of them is pig sick to the stomach with worry about what is going on.
Losing sleep sleep, dreading to read the papers, hating hearing the sports news – that’s what we went through – I remeber it very well.
But our pain was was ‘just’ losing to they fekers – for them, this is much, much worse – I hope it is torture – ram it right, hard into them!!!!!
HAIL HAIL
BGFC
I honestly hate Hampden. Maybe that season we had there sickened me, but I just cannae stand going near the place. Will be there on Sunday,but yuk :O(.
Zimmerman,
“No, I’m actually fine.
Why? All this week my wee fella has been at the Rangers soccer school with over 100 other kids at the Ibrox complex. It has been a fantastic experience and he has loved every minute. He met Templeton during the week, got pictures and things signed ect, then today he got presented with his certificate (as well as all the others) by the legend Ian Durrant.”
Was that signed under SuperAlly1 perchance?? :)))
Oh jeezo. Just missed zimmerman’s post while I was typing – that made me happy :-)
BGFC
Fred C,
Gave up on bed, after watchin yon vid a 2nd time :))) (It lifts the spirits no end that video! Brilliant stuff. And of course, oor Lenny!)
Another cup of tea, and a good chat with some fellow Tims, I’ll be right as rain in the morn, as if I hadn’t missed a wink of beauty sleep :))
Clunks – don’t you just love their chaos????
The fact is they have made all this chaos themselves.
Can you imagine the CHAOS if this was us.
The msm are helping them out big time. Sky, radio, TV, internet, papers. Can u imagine the chaos if they were all let off there leash.
We have had to be so much better than them to win anything. So much better.
Loving the chaos but so dissappointed coz i know that the chaos they are looking at shold be anarchy.
Let there children be Tims.
Thats what I am looking forward to……………………………………………………or Partick fans……
Why are there no hun sites that ever have the level of forensic, or at least critical, analysis of what is going on over in Mordor?
Stupid question.
BGFC
Phelim Brady 00:56 on 13 April, 2013
Classic statement on FF – “are we too blind to listen to the truth?”
—————–
That really tickled me :). Still giggling.
Clunk – would settle for Jaggy Thistle fans – Glasgow needs two strong clubs ;-)
More funnies,
The last two weeks have not been good ones for Charles Green. He has become embroiled in three controversies – Craig Whyte’s re-emergence, the use of racist language in a Sun interview and an STV interview in which he was skewered by Peter Smith over some of the outlandish claims he has made in the press. Green cannot complain. He has brought much of this on himself although there is no question that some have used his slipups to full advantage. So, what now for Green and more importantly the club?”
——————————————————————————————————
terrific article yet again, Chris. Keep up the good work. You don’t fancy being CEO do you?
————————————————————————————————————
Outstanding article.
Whatever is going on has to be sorted out quickly.
Nobody wants to be dreading a summer of fighting and negative rumours and battles in the press.
A united front has to be presented from the club – this is how we are going forward and these are the ones taking us forward. Clear that up and make it clear that craig whyte is a dead issue to us.
——————————————————————————————————-
Good article ,amongst other worries one of my concerns regarding Green’s future position as C.E.O would have to be that when a microphone is thrust in his direction his ego would seem to take over and the waffle flows.
I don’t think that can be reined in by any amount of counselling on how to conduct himself whilst in front of a media awaiting the merest hint of a slip up in order to castigate both himself and the club.
It would take self control and I’m not sure he has that in his locker.
Also, has he inadvertently tarnished his image badly enough for it to affect future plans thus further damaging us.
I suppose the answer to that, if he is kept in place , remains to be seen but it has to be a major concern .
——————————————————————————————————-
is strange how the media wanted to push Green on the Man U & Dallas Cowboy stories, though I suppose it all balances out with nailing Liewell to the wall about his outlandish claims about a tour of Japan being booked a few years back to prevent an extension to the season.
Maybe I just dreamed that last bit.
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ire your article to the board Chris and let them see what the depth of feeling is amongst the fans.
We simply cannot endure another year like last year
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A cracking article.
“Green is prone to bluster and his sales patter always needs to be taken with a pinch of salt. He would also not be the first CEO of a Scottish club to make inaccurate claims about possible commercial ventures – tour to Japan anyone?”
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How long are we going to put up the the walking,talking disaster that is Charles Green?
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e expect the dark side and the truth o be mortal enemies. At Rangers we have always set higher standards and a CEO who finds the truth to be beyond him should not be heading Rangers FC.
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This becomes even more important after tonight’s STV report. A line needs drawn under this now before more damage is done.
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This becomes even more important after tonight’s STV report. A line needs drawn under this now before more damage is done.
————————————————————————————————————-
Lawell isn’t naive enough to put himself in a position where he would pinned down and pressed for an answer.
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•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-•
That FF one got me too – been chuckling away here to myself