TRFC submit incomplete Annual Return

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Companies House published the long overdue Annual Return for The Rangers Football Club Ltd (previously Sevco Scotland Ltd) today.  Although only received by Companies House yesterday (12 Sep 13) it was dated 29th May 2013, however, the submission was incomplete.

A company is required to detail all their shareholders since their previous Annual Return (or as in this instance, since formation).  Companies House say the Annual Return must detail “the name of every shareholder (or joint-shareholders) who has ceased to be a shareholder since the made-up date of the previous annual return (or in the case of a first return, since the incorporation of the company)”.

The only shareholder detailed on this Annual Return is Rangers International Football Club PLC (RIFC PLC).  RIFC PLC was not formed until 16 November 2012, nearly four months after Sevco Scotland Ltd was formed, so could not have been a founding shareholder.

And there’s more…….

The Rangers Football Club Ltd issued a Statement of Capital to Companies House, dated 31 October 2012, showing the same number of shares in issue as this Annual Return (33,415,200), some two weeks before Rangers International was formed.  The Statement of Capital was submitted by Caroline Nicholls of Field Fisher Waterhouse LLP, who should be in a position to assist the directors.

I’d never really given any consideration to who owned Sevco Scotland Ltd  prior to the shares being consumed by Rangers International, but this omission is curious.  The story will move on now with auditors Deloittes taking centre stage.  They have plenty on their plate prior to signing off the PLC’s accounts so may be happy to turn a blind eye to the reporting requirements of a subsidiary company.  Companies House already have an active issue over submissions for Sevco 5088 Ltd, it remains to be seen whether this one passes below the radar.

This is all so unnecessary as I am sure the correct information would be perfectly appropriate and in good order.

Can you imagine what we would be doing if our ‘club’ was being run in this manner?  This story is being played out while all those who should be asking questions are being distracted by a player betting against his own club!

In the grand scheme of things it doesn’t matter if Ian Black hedges against himself, or what embarrassingly light punishment he receives.  The real story is so much bigger, it is being written in large type, visible from the moon landings, but the football authorities appear happy to stand back and let events take their course.

No looks of surprise next time around – from anyone.

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  1. Tried to sell the CQN site to a friend of mine so penned this. Thought I would share with you lot but I am preaching to the converted.

     

     

    CQN

     

     

    This is undoubtedly the very best Celtic Blog site out there. It’s main aim is to give Celtic fans an alternative to the mainstream media.

     

    It’s strap line is “No lazy journalism”

     

     

    It is a blog se up by Paul67 to give an alternative daily perspective for the fans to debate and discuss. The issues of Rangers administration and liquidation were well known to those of using the site about two years before it was dared to be mention in the “succulent lamb” servings of the Scottish Media

     

     

    Dallasgate broke on CQN first and may otherwise have been swept under the carpet in the halls of the SFA.

     

     

    It is also full of characters who contribute every day. Most do so from a font of knowledge of law, accountancy, business and management. Many more lurk and read and keep up to date.

     

     

    It is a site for “grown ups”. Meet any three random CQNers and their combined aged will be plus 120 years. No foul language allowed and we treat each other with respect.

     

     

    You can keep up to date with every match as the regulars watch throughout the world and type their updates. It is a worldwide bunch and each passing hours brings on contributions from USA, Canada, South America, Europe, the Middle East, South Africa to Australia and New Zealand. As the sun moves over our planet the CQN day is illuminated.

     

     

    Two of it greatest attributes are intertwined with our club and our Celtic family. Charitable deeds and a huge charity of spirit.

     

    The site and the good work of those on the site contributes to many charities. The charity of spirit is best seen on the news of illness, death, bad news, good news and birth.

     

    It can infuriate and inspire. Make you laugh and make you cry.

     

     

    The greatest Celtic Blog.

  2. With our opening game of Group H now less than one week away, the excitement is building ahead of this season’s UEFA Champions League campaign.

     

     

    Neil Lennon and the Bhoys will travel to Milan next week safe in the knowledge that Celtic Park will be full to capacity for all three of our home matches, which will provide a timely boost as they prepare for a tough opening fixture against AC Milan in the San Siro.

     

     

    As was shown during last season’s thrilling European campaign, a full house at Celtic Park can lift our players to greater things, and the team will be looking forward to the full backing of our support as they attempt to replicate last year’s success.

     

     

    A Celtic spokesperson said: “The Club would like to thank our supporters who have responded magnificently and ensured that we´ll have three sell-out nights at Celtic Park.

     

     

    “Our supporters make a huge contribution and they´ll play an important role as we look forward to our games against Barcelona, AC Milan and Ajax.”

     

     

    Our Group H campaign kicks off with a trip to the San Siro to face AC Milan on Wednesday (September 18) before our first home fixture against Barcelona on

  3. leftclicktic oscar in our thoughts on

    Electronic Tims‏@ETimsNet25m

     

    See all you nutters & bampots of all clubs bar Sevco, you are responsible for not letting them get away with it. Take a bow, the lot of you.

  4. My Dear Kojo….

     

     

    How’s Dem Aipples..?

     

     

    Should Be Interesting Against Milan…

     

     

    We Have A Brand New Team……

     

     

    And Don’t Know How They Will Line Up..

     

     

    And Play Off Each Other….

     

     

    But Neither Do The Milan Scouts…

     

     

    The ‘Unpredictability’ Factor In Our Game Plan Should Give Us An Edge…..

     

     

    However,If The Italians Are Allowed To Use The Same Illegal Tactics To Thwart Us At Corners And Free Kicks….

     

     

    It Will Be A Difficult Night….Without The Inspiration Of Big Mick And Darren O’Dea..

     

     

    By The Way…..

     

     

    Being Resident In The ShowBiz City….

     

     

    Have You Ever Come Across Osbert Humperdink Pumpernickle..?

     

     

    http://bbb-news.com/blog/2013/09/11/collie-who-never-wobbles-look-no-paws-amazing-balancing-act-of-the-dog-on-a-tightrope/

  5. googybhoy ♥ Celtic

     

     

    17:29 on 13 September, 2013

     

     

    CQN was bought and sold way back us gamblers prefs are even gone whatever that means

     

     

    pak choi oyster sauce and noodles

  6. it is the Greatest Celtic blog but can I just make a wee side comment –

     

     

    It is a site for “grown ups”. Meet any three random CQNers and their combined aged will be plus 120 years.

     

     

    that could be GL2 and two of our 20 year old posters.

     

     

    and

     

     

     

    No foul language allowed and we treat each other with respect.

     

     

    you missing out the night shift and the moonhowlers then ?

     

     

    lol.

     

     

    thumbsup,

     

     

    whatever happenned to Philvis

  7. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    greendreamz

     

     

    I agree with most of that but have my suspicions. They need Celtic to keep the game afloat until they return OR there will be nothing for them to turn up too. Their mentality is that they own the game. In fact they own almost everything by controlling the SFA. They only will deal with us if it is of use to them. They are not interested in reality and have enough power and corruption to bring us down to their level. We should no longer be playing their parochial little game. They only know how to horsetrade. A full vote and a hun launch of the new SPFL for a seat on the board. The Old Firm Derby will never be buried. That means a strong Rangers. Celtic are turning a blind eye saying nothing ..moving politically away from the support with regards the new offensive legislation and the tory cabinet like appointment of a complaints commission.

     

     

    You are just looking at the next four years and booing that will be the case. My lifetime of experience along with the last 5 years especially tells me differently. Its mass excuse the pun …mass denial.

     

     

    Football in Scotland needs cleaned up for the benefit of the game and the spirit and soul of those that follow avidly our national sport. Not for the benefit of the industry as it is so corrupt and unworthy of the sport. It needs cleaned up. UEFA and the ECA are a mirror image but if we will only join in to protect our own wee patch and let them do what they must then we are not cleaning up the game from the useless incompetent parasites that presently own our game. If we are not prepared to then the game is Old Firm for ever and ever amen in Scotland.

     

     

    So unless the protection racket is exposed and eradicated they will not die.

     

     

    HH

  8. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    RWE

     

     

    Lol ….with my dunces hat on doing my pretend winching in the corner ..classes in rapture …teacher cliped me to my parents

     

     

    Ahhh memories

     

     

    Thanks for that ;-)

     

     

    HH

  9. googybhoy 17.29. Great post, if I was to make any alteration I’d have slipped in “except for a small few eejits” somewhere in the text.

  10. corkcelt

     

     

    17:48 on 13 September, 2013

     

    googybhoy 17.29. Great post, if I was to make any alteration I’d have slipped in “except for a small few eejits” somewhere in the text.

     

     

     

     

    When you are selling something you never tell them about the eejits.

     

     

    Let them find out.

  11. leftclicktic oscar in our thoughts on

    ‏@Pmacgiollabhain

     

    Is in a good mood today :))

     

     

    putting up a few of his old predictions of doom for “klan and their deid club”

  12. Garcia

     

     

    thanks, gottit, very well put, gottit immediately, very efficient with words is thou

     

     

    HH

  13. On CFC and the zombie tribute act

     

     

    Always surprised to see that some fans want the board to be more vocal.

     

    One only has to see what has happened to Jim Spence in Dundee to see what would be likely to happen if anyone at CFC were to speak out

     

    It is not so long ago that people were getting death threat and bombs through the post

     

    Why should CFC make any statement – when many on here are confident that the zombies are heading for administration or worse?

     

    Better to let them devour themselves and let them take out their anger on each other rather than provide them with a common outside enemy to rail against!

     

     

    On Fat Sal and betting against your own team

     

     

    Pathetic response from the fat slag

     

    However this time last year we were all laughing at some of the zombie results – perhaps there was more to it than Fat Sal’s incompetence!

     

    Remember that list of 100 names?

     

    Was Fat Sal’s at the top along with the rest of the squad?- that would take them up to about 90!

     

     

    On footsie

     

     

    Really looking forward to the game tomorrow!

     

    Lets stick it to the Jambos!

     

    Hope that the new bhoy gets some game time!

     

    COYBIG!

     

     

     

    HH

  14. My dear,dear,dear,friend.. The Singing Detective

     

     

    Hiya, Palomine???

     

     

    Great tae greet ye..

     

     

    Na.. Ah hivnae.. met up wi’ … Osbert…The Amazing Tight Rope Walkin.. collie???

     

     

    According tae his Photo.. Ah am no sure that He is A Collie,anywey..

     

    he looks tae me like a Mutt.

     

     

    a Collie, should alwiz be .. Black n White.. except when he is wan o’ they…half Assed Lassie,collies..and he disnae look like eethur of them.

     

     

     

    anyway..

     

     

    If Neil, diz whit Ah told Him..

     

     

     

    and .. Sets his Table.. Fur a DRAW.. agin the Italians..

     

     

     

    Then Ah wull Be Happy.

     

     

    We must Play awe o these Upcoming C.L. games.. very Cagey..

     

     

    We must tap intae oor Experiencesm which we we hiv Gathered frum past Confrontos wi

     

    the Continentals.

     

     

    And .. Playing fur a Win.. in oor Opponents Hame Is..

     

     

    Wan Big Mistake.. We hiv, surely,Learned that wan.

     

     

    We should Pack oor Defense wi Boadies.. Stand Shooder tae Shooder..

     

     

    Grit oor Teeth.. n Stick oor Tongues oot.. and Cry

     

     

    “Come N get us… Fur it is a Lead Pipe Cinch. that

     

     

    We wull No be Coming at YOU!…”

     

     

    That is How Ah wid Play This Wan.

     

     

    NIce Chattin,pally

     

     

    Kojo

     

    Still, Laughin’

  15. Pointless: pointless answers to celtic managers were willlie, dr jo, lou mac, and another I can’t remember.

  16. Ellboy - I am Neil Lennon, YNWA. on

    So you only get a 3 game ban for betting against your own team.

     

     

    The illegal betting syndicates will be rubbing their hands with glee.

     

     

    How bent is our game?

     

     

    Love our club but just can’t enjoy a single minute of our involvement in Scottsh football.

  17. ASonOfDan @17.28 hrs.

     

     

    “HM Revenue and Customs’ appeal against the

     

    Rangers tax case will be heard in public, it has

     

    been announced.”

     

     

     

    Very interesting, no need to name names then. Transparency can only be good, but again more questions than answers in all things associated with the dead club.

     

     

    If I read this correctly, does it mean that four of Minty,s companies are to be included in this First Tier Tax Tribunal appeal? If so, then HMRC have actual money to chase rather than paper money.

     

    On the “Valid ” EBT’s and the loans that are “recoverable” by the trusts. Is this a Red Herring or can the loan or part of the loan be called in??

     

     

    Until I read this, I was under the impression that even if the appeal was successful it would only increase the amount of unpaid debt the dead club ( Oldco ) was liquidated over.

     

     

    HH, Always in Celtic

     

     

     

     

     

    .

  18. Agin the Hearts..

     

     

    Ah wid Play ..Pukki… as oor Main Striker. ably assisted by none other

     

     

    than oor.. Wonderful.. Wonderful?… yes. Wonderful…

     

     

     

    Shadow Man , and INSIDE LEFT..

     

     

    That’s.. Stokesy. . tae You. .Non Cognoscentos!

     

     

    Stokesy,is A Wonderful… Old Fashioned.. Inside Left.. which. should become the New Fashion.

     

     

    But,, It wullnae.. Fur Neil.. is No oan the Same Page as Ah am!

     

     

    and . he disnae see that Stokesy,is Much,Much Bettah as Being a PROVIDER.. than a

     

    Taker…

     

     

    If Neil , ever Tumbles tae that.. We wid hiv a far Mair Productive Strike Force.

     

     

    Kojo

     

    Still.. Laughin’

  19. thomthethim for Oscar OK on

    There appears to be a flutter of activity around the Govananters today.

     

     

    The Bishopp’s letter leaves no room for doubt, in his eyes, that there is no difference between club and country.

     

     

    FF and friends, seem to be passing the denial stage and approaching acceptance.

     

     

    The heavy hitters of the NUJ have called out both the dregs and fellow journalists in Scotland. Even the European branch have taken notice.

     

     

    An exSpencesive mistake by the hoardes.

     

     

    There will be no Blin man on the Sevco board, or within an asses roar of the club.He saw the light.(He was reckoned to be a good guy).

     

     

    The, more questions than answers, Annual Return, does them no favours.

     

     

    All this has happened and we haven’t laid a glove on them.

     

     

    To me, this suggests that the club’s stance is, to date, the correct one.

     

     

    At any time and especially now, for Celtic to express the feelings that we all share, would only serve to fan the flame of their dying embers.

     

     

    Greenpinata quotes the golden rule, about “for evil to triumph, good nothing”.

     

     

    I agree with that rule, but to every rule, there is an exception and, I believe, saying nothing in this case is still, for the moment, the best course of inaction!

     

     

    Especially when you consider how well they are doing amongst themselves.

     

     

    TET.

     

     

    You are correct about the refs (last night’s post), but, sort out the SFA and the rest will look after itself.

     

     

    As an outsider now from Scotland, I am coming to the opinion that if the ruling Government in Scotland can’t or won’t deal with the social, corporate and sporting issues that have surfaced over these last two years, then, I’m afraid, Scotland is not ready for Independence.

     

     

    Sorry for the long winded post, just passing the time till the rice is boiled.

     

     

    PS.

     

    Not looking for any sort of argument over my opinion, just a few random thoughts.

     

     

    PPS. Unqualified agreement would be welcome, though. : > )

  20. Sevco in this round?

     

     

    Former Celtic full back Lee Naylor will help

     

    make the draw for the second round of the

     

    William Hill Scottish Cup on Monday

     

    afternoon.

     

    Lee, who lifted the Scottish Cup in 2007, will

     

    be joined by the Scottish FA’s vice-president

     

    Alan McRae, and David Lynn, Head of

     

    Sponsorship at William Hill, in conducting the

     

    draw.

     

    Lee, who also won two Scottish Premier

     

    League titles whilst in Scotland, was part of

     

    the Celtic side that reached the last 16 of the

     

    Champions League in 2007 and in 2008,

     

    clinching famous wins over Manchester United

     

    and AC Milan, Celtic’s opponents on

     

    Wednesday night, in the process.

     

    The draw will take place at 2pm and will be

     

    streamed live on the official Scottish Cup

     

    YouTube page.

  21. Big Georges Fan Club - Hail, Hail, Wee Oscar on

    Hi folks.

     

     

    Does anyone have a couple of spare tickets that I could purchase for me and Wee BGFC for Saturday’s game against the Jam Tarts?

     

     

    HH

     

     

    BGFC

  22. Big Georges Fan Club - Hail, Hail, Wee Oscar on

    Just read Colin Bishopp’s (UTT Judge) directions. Clear and logical – well argued and expressed – the boy will go far.

     

     

    HH

     

     

    BGFC

  23. thomthethim for oscar ok

     

     

    Totall agree regarding independence.

     

     

    An avid FF following zombie expressed the opinion to me in work today they were gubbed and would end up in administration. He was not talking about there being a club left but that people should be investigated by police and done.

     

     

    I was speechless as first time any of them have admitted it.

  24. Thomthetim

     

     

    I think you might mean

     

     

    “no difference between club and company”

     

     

    I knew what you meant anyway.

     

     

    HH

  25. thomthethim for Oscar OK on

    In case anyone read my post @ 18.19,

     

     

    Country = company,

     

     

    Although, perhaps it wasn’t a slip, Dr. Freud!

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