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. Why do the latest Charlotte Fake documents say Published by CharlotteFake2?

     

     

    Martin O’Neil wins one game against Celtic and gets offered Ireland job amazing!!

  2. leftclicktic oscar in our thoughts on

    The Chairman attended a meeting at the SFA alone withoutinforming the acting CEO. The SFA was expecting Walter and theacting CEO to attend and was told by the Chairman that he did notknow where they were. The SFA expressed their dissatisfaction tothe acting CEO

     

     

    (b)

     

     

     

     

    The SFA mentioned to the Acting CEO that the Rangers Boardsituation needed addressing as the SFA understood thatinformation was leaking from the Chairman to Paul Murray whowas then speaking to Keith Jackson at the Daily Record

     

     

    (c)

     

     

     

     

    At a meeting between Bryan Smart, the acting CEO and the FinanceDirector, Malcolm Murray was asked a number of times if he hadmet with Paul Murray. After denying it, eventually Malcolmadmitted to having met with him on two occasions and spoken tohim on several others

  3. Enjoy watching them get dragged screaming and kicking into the 21st century

     

     

    If you need inspiration bhoys this tune works wonders and got a few of us through the bad times

     

     

    Faith of our Fathers

  4. I hope Hearts give the Celtic defence a lot of problems later on Today. The DU game was controlled expertly, IMO.

     

     

    The AC Milan lads will test our defence big Time, so a ding dong battle Today is just what the Doctor orders.

     

     

    Efe, it’s Time to shine brighter than Ever!!!!

     

     

    I know you will.

  5. Morrissey the 23rd on

    Team Oscar ‏@hen1rik

     

    So the bampots think @CharlotteFakes could be a plant this time round hmmm could be on the money here

  6. acgr@hotmail.co.uk - Only 46 free Zadok The Priest ringtones left to give away - Get them while stocks last. on

    Has anyone checked out the fixture list on the sfpsfpl (whatever we’re now playing in) website for our October fixtures?

     

     

    They have us playing at 19.45 Friday 18th of Oct v St Mirren at home and also list us as a 12.45 kick off v Hibs away on Sat 19th Oct.

     

     

    What’s that all about? Fixture congestion already.

     

     

    I know these guy’s a re athletes but that’s a wee bit on the tight side.

  7. acgr@hotmail.co.uk - Only 46 free Zadok The Priest ringtones left to give away - Get them while stocks last. on

    Petec, your accommodation is sorted for the hootenanny. You and FFM got the last room at the inn.

  8. “The SFA mentioned to the Acting CEO that the Rangers Board situation needed addressing as the SFA understood that information was leaking from the Chairman to Paul Murray who was then speaking to Keith Jackson at the Daily Record”

     

    ————————————————————–

     

    Why would the SFA bother about leaks from Malcolm Murray to Paul Murray?

     

    How would they even know? Keith Jackson a grass?

     

    What were they afraid of that Malcolm Murray knew?

  9. Morrissey the 23rd on

    @pieandbov

     

    Charlotte Fakeovers returns with all guns blazing on the same night that Jack Irvine presses the self destruct button. #Popcorn

  10. Confidential Information

     

    It’s in a diary

     

    This is my investigation

     

    Its no a public enquiry

  11. Treachery and Treason

     

    There’s always a price for it

     

    And when I find the reason

     

    I can always make use of it

  12. greenyinfurrafenian on

    Subbuteo

     

     

    still got all my teams in me auld maws loft gathering dust. About 50 of them, nae goals or pitch tho. If anybody wants a geme ye’ll need tae bring them.

     

     

    Oh aye n a baw as well

  13. bournesouprecipe

     

     

     

    Firstly may I say sir I enjoy your contra views on CQN. Life as we know is not so black and white or in Sevcos case green and whyte with a bit of blue now and again

     

     

    Neil Lennons book now that’s a story and a half already never mind that whisper worth a chapter or 2 or maybe its own book

     

     

    Hail Hail

  14. acgr@hotmail.co.uk - Only 46 free Zadok The Priest ringtones left to give away - Get them while stocks last. on

    – Monday the rancid huns abuse a dog in a celtic top………………..FFS

     

     

    – Tuesday the rancid huns abuse Jim Spence and his wife in Dundee.

     

     

    – Thursday the rancid huns abuse Craig White in Inverness.

     

     

     

    Who will they be abusing tomorrow.

     

     

    There is no beginning to their so called dignity.

  15. acgr@hotmail.co.uk – Only 46 free Zadok The Priest ringtones left to give away – Get them while stocks last.

     

     

    00:36 on 14 September, 2013

     

     

    – Monday the rancid huns abuse a dog in a celtic top………………..FFS

     

     

    – Tuesday the rancid huns abuse Jim Spence and his wife in Dundee.

     

     

    – Thursday the rancid huns abuse Craig White in Inverness.

     

     

    Who will they be abusing tomorrow.

     

     

    There is no beginning to their so called dignity.

     

     

     

    __________________________________________

     

     

     

    Friday? I’m…..

  16. acgr@hotmail.co.uk - Only 46 free Zadok The Priest ringtones left to give away - Get them while stocks last. on

    Petec, no problem bruv, glad to help out. Thanks for the wee zep toon. Now at the bmcuwp hootenanny you can show this diddy how to link properly.

     

     

    Only 45 Zadok tones left guys, get some in and make that hun’s life unbearable

     

     

     

    C’mon, whats not to like:_))

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