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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CQN Saturday Naps Competition
Lads, for those who are in the CQN Saturday Naps competition, please go back and post today’s selection at the end of the previous article :
“Strachan lessons as Milan looms”
All the best, fleagle1888
CQN Saturday Naps Competition : Week 5 results & standings
Bada Bing was last week’s platinum tipster (Platinum @10/1) !
Bonbhoy (Confessional @15/2), Rockon (Rhombus @7/2), valentinesday (Nearly Caught @3/1), and BMCUWP (The United States @2/1) also napped winners…
+£12.50 Bada Bing (2)
+£10.50 Rockon Neil Lennon (2)
+£ 9.50 16 roads (2)
+£ 7.00 bonbhoy (2)
+£ 4.00 fleagle1888 (1)
+£ 4.00 valentinesday (2)
+£ 3.50 What is the Stars (1)
-£ 0.50 MHARK67 (1)
-£ 0.80 voguepunter (1)
-£ 1.25 Che (1)
-£ 1.50 BULL67 (1)
-£ 1.50 twists n turns (1)
-£ 2.00 BMCUWP (1)
-£ 2.50 PF Ayr (1)
-£ 3.19 Burgas Hoops (1)
-£ 3.20 Sponsored by Cheetah (1)
-£ 5.00 El Madrigal
-£ 5.00 gordybhoy64
-£ 5.00 green T
-£ 5.00 Kilbowie Kelt
-£ 5.00 leftclicktic
-£ 5.00 Magnificentseven
-£ 5.00 pedrocaravanachio67
-£ 5.00 petec
-£ 5.00 Som mes que un club
-£ 5.00 tommytwiststommyturns
-£ 5.00 unionbearBhind
*No selection (wk 5) : Magnificentseven, gordybhoy64
*Non-Runners : Sponsored by Cheetah
Cheers, fleagle1888
Aye you bhoys rub it in..going for long walks..long walks..
A thing of the past…
Healthy cqn Saturday until the rolls n square sausage with fried egg and tottie scone…o))
Did someone mention sqwerr sausage ;)
Off oot for a walk :)
Ffm.
I’ll lamp you with my crutches on 28th..8-))
Tbj.
Was fishing for EN or tauranga bhoy…
Not happy flight to Palma delayed will now miss the game…..f$@@@ jet2
HH
Mick
BT
Ive not had a roll n sqwerr for nearly 24hrs …
Went for a beer the other night with an older gent from blantyre .. met up with his good lady after the bingo in the kosc . Lovely couple. .. your name was mentioned ;)))
Tbj.
They are on an early morning flight to Derry.
Im ordered to the club first thing this morning. .
No rest for the wicked as they say..
BT
We were chatting about the trip to Derry. .. your mum was reminiscencing of a previous trip to belfast… when she was saying hail marys in the car when the ruc pulled them over ;)
Can anyone help put me in touch with Vmhan?
I have a message to get to him from A Stor mo chroi
Ta
IS that because the auld yin wouldn’t shut his mouth.? 8)
Smashy.
Email me at blantyretim@aol.co.uk.
Ill send you his mob number.
BT
You sure were talking about the same guy :))))
BT @ 07:12
:)) No probs, do it after 6pm as my pain barrier is miraculously lifted at that time.
Tbj.
Shrinking violet springs to mind. .
Taking mini for new top tomorrow. Told her she isn’t getting 1d on it..
Good morning friends from a pretty bright and dry (and calm too) East Kilbride.
Read back from the top of this page and just about to type a word that, so far, has appeared just the once – excited that in a few hours I get the privilege to yet again cheer on CELTIC to victory.
Jobo
ps Celtic
Ffm.
Ill be too drunk to either remember or lift them..o))
BT
Get the wee yin 1D …. and louis Walsh
Jobo,
Interested in your thoughts on this scoundrel who claims to be able to predict the weather in China?! :) Expect his great grandad also predicted the amount of tea in the place.
http://www.youtube.com/watch?v=x3EUzV5_TUs
Off to my scratcher for a few hours.
BT,
I’ll need them to get home so bring some spares please – need ones that go sideways though :))
G’day fholks. Off to my pit for some zzzs.
Guten Morgen CQN. You’ve heard of the Effen Bee, well here’s his Brother:
Part of the Cabal
BT definetely gonnae make a wee slab of square tomorrow. Just got a pound of minced pork to try for a change. Burnin the roll is always problematic.
Celtic 4 Jam tarts 0. wee tip just for Mr Black. I have to say still waiting for a purple , orange and pink to appear in series three of Zombieland. Great comedy.
Like Neil Lennons public notice about getting it right in the SPHell if you want the glory of the Champions League. Only champions need apply. Hail hail
…must be bkfst time at home… Who’s cookin’ the skwerr, black pud, tattie scones, beans, mushrooms, fried breed and tomatoes??
…..oh, forgot the poached eggs.. I’m on a diet!!
Smashy. Just txt you Vmhan’s contact details buddy.
MWD
…..an well fired, crunchy rolls
desertbhoy
Dont you start with the skwerr patter its bad enough with the jolly japesters from Lanarkshire every week .
Oh and just so you know I get home on wednesday and may join them next week.
HH
On Wednesday 28th August, the day CELTIC played SK, I was in a wee cafe in Helensburgh and had a roll and square sausage. It was the best square sausage I had tasted for a very long time. It was to be a good start to a day that was going to develop into a most excellent day.
Aff oot.
Ohits… Will be about another month for me…. An ah’m just visualising first meal… No matter time of day.
Pogmathonyahun –
Clever stuff ;-)
Wee bit cloudy and damp underfoot in aul Chilterns, but setting out to be a good day.
Looks like we’ll get a looksee at some new bhoys, Lenny not holding anything back for Hearts.
A good quality performance to set us up for the San Siro Will be great but we are up against a hungry young Hearts team.
Hearts 0-2 Celtic
Morning Celts,
In a bit of a quandary here. I’ve got a ticket for the Wheatfield Stand at Swinecastle today. I bought it off their website when they went on sale around the time they went into administration and desperate for cash. I actually thought ‘ach, I’ll buy a ticket and give them some money, I can just go and sit quietly and take in the game when it comes around’. I live in Edinburgh and it’s only a 30 minute walk.
Now I’m not so sure. The atmosphere is bound to be pretty charged and if one of their cloggers injures one of our players or if we score a screamer I don’t know if I’d be able to contain myself. Don’t think I could next to or near some idiot giving abuse to our manager either.
Anyone got a spare for the Celtic end???
4hrs until kick off at Tynecastle ..
Wondering if I should drive to embra now but I detest that dump and their scum fans
Suppose its the salubrious Ritz Bar in Cambuslang for me.
Hertz 0 – the famous Glasgow Celtic 3
Morning,
Expect a hard game today.
This quote is a belter. Selling the assets is for their own good. lol!
“Let me say to every single fan: We will not be deterred.
“We will continue our rebuilding and even though our support have had to deal with scaremongering of the worst kind, they will, in time, see that everything the board are doing is for the good of Rangers.”
ipaddy hell mend you for trying to save the diet huns! :-)))
MWD
Time to run…..
Caledonia Road starts from Cathcart Rd. in the Gorbals, and runs East to Shawfield.