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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1,075 Comments

  1. TheOriginalSadiesBhoy on

    When I lived in Coatbridge in my youth, the best rolls in the world were Dalziels. The bakers van drivers would shout out DAL- ZIELS RO -ELLS!!!!!.

     

     

    They also sold their rolls in paper pokes with the slogan, ” A good roll does satisfy!” It is only in later life that I realise how naughty that slogan was:-))

  2. A desperate rant if ever there was one.

     

     

    “I know we are on the right track. I also know money hasn’t been disappearing without trace and that assets are not going to be sold off but there are some who simply will not believe that no matter what I or the other directors say.

     

     

    “The company’s annual accounts will be published in the near future.”

  3. …….Mornin’ troops……..

     

    Today our foe lies to the east

     

    ………. and our business in the ‘capital’ is clear

     

    – Victory, Victory, Victory…………

     

     

    HH

  4. googybhoy ♥ Celtic

     

     

    Liked your intro to CQN,and CQN’rs around the world. Just tell him “The Sun Never Sets on the Celtic Empire”.

     

     

    See some of them want to draw us in the cup. Great day for all to put bet on 4 nothing for us using “Ian Black” as our “Nom De Plume” (oldtimer here)

     

     

    HH

  5. Marrakesh Express on

    Tonydonnelly67

     

     

    According to my old man ( me too young), Caly road ran from Cathcart rd to the Coronation bar, corner of Rutherglen Rd. A good 1/2 mile from Shawfield.

     

    I expected a Gorbals man of your years to know that…;0)

  6. I am reading it but find it hard to believe. GCC are at it.

     

     

    TWO of Scotland’s largest football stadia face the “realistic potential” of a terrorist attack if details of their safety plans are made public, it has been claimed. Glasgow City Council, which awards safety certificates to both Celtic Park and Ibrox, said it was not in the public interest to publish details of the issues discussed at meetings with Celtic and Rangers. But terror experts claim non-disclosure of the information is part of a wider trend of public authorities using security concerns as an easy option to curtail inquiries often in the public interest. Amid much speculation about the safety of both grounds, which can host up to 110,000 people on any given weekend, the authority said there were currently no issues with the structural integrity of either stadium. It also said the decision last month by Celtic to shut a section of the stadium occupied by the notorious Green Brigade “had been taken by Celtic Football Club of its own initiative”, but that given ongoing concerns about safety it believed the closure decision to be “a proportionate and reasonable response by the football club”. The Herald requested under Freedom of Information legislation all correspondence between the council and Celtic and Rangers regarding the renewal of stadium safety certificates, as well as minutes of meetings. However, the request was refused on the grounds that disclosure of the information would, or would be likely to, “endanger the physical or mental health or the safety of individual spectators at the stadium”. The responses from the council’s chief executive’s department, said: “Given the high-profile nature of both stadia there is realistic potential for information relating to safety and security arrangements to be utilised in the perpetration of an act of terrorism or similar malicious act and, therefore, endanger the physical or mental health of the spectators. “On balance, the council is of the view that the risk of information being use for malicious purposes that could realistically endanger persons outweighed the public interest in the release of this information.” Professor Stephen Vertigans, head of the School of Applied Social Studies at Robert Gordon University in Aberdeen, said the chances of any terrorist attack on the stadia was extremely remote. Professor Vertigans, who has written extensively on terrorism, added: “In the past decade or so there’s been a trend of public authorities using new powers they’ve been allocated. “Groups concerned with civil liberties are increasingly worried about how this legislation is applied, what is in the public interest and how that is dominated by security concerns. “The lack of transparency in that process does raise major concerns. It’s used as the easy option and is a deterrent to exploring and public understanding.” Dr Andrew Sanders, a research fellow in Diaspora, Conflict and Diplomacy at University College Dublin, said: “In my own view, it seems a little sensationalist to deny access to information regarding public safety on this basis. Football stadiums are considerably safer than they were in the mid-1980s, but fan safety needs to be continually scrutinized in order to ensure high standards are met.” In August, soon after having its safety certificate awarded for a further 12 months, Celtic closed section 111 in its ground, which is used by the Green Brigade, claiming it had been “left with no option”, referring to the inability to operate without the consent of the council. But the authority said: “For the avoidance of doubt, it is the management team of any football stadium in Glasgow that has ‐ultimate responsibility for the safety of their spectators.” A council spokesman said it had refused several requests for the information on the same grounds.

  7. Just about to nail a bacon & a square roll before heading 2 Burghbhoy juniors game at Bkackburn.

     

    Nae ticket for the game so BT sports for me.

     

     

    Hertz 0 Hoops 5 ( Pukki 3 Ambrose & Og)

     

    Precise or what?

     

     

    Oh and by the way it has to be broon sauce with the square & bacon roll.

     

    Don’t understand anybody who puts on ketchup!!!!!!’

     

    Are they mad?

  8. Istanbul?

     

     

    New Israeli signing Nir Biton will be unavailable today but could feature against Milan after the club make a complicated completion of his work permit application. Someone from the club will collect Biton in Tel Aviv and then take him to Istanbul where the paperwork will be completed and the work permit granted. Celtic have needed his passport but have been unable to take it while he was on international duty.

  9. Burghboy.. Ambrose Og… An there’s me believing fur mah whole life it was Angus!!

     

     

    Never too old to learn, eh!

  10. ASonOfDan

     

     

    08:56 on 14 September, 2013

     

     

    ‘GCC are at it.’

     

     

    ###

     

     

    I suspect both GCC and Celtic are at it.

     

     

    Jobsworths who have been called out, each trying to hide behind the other.

  11. Marrakesh Express on

    Td67

     

     

    Ruggy rd ran up to Shawfield. Bit pedantic of course, but not if your from the Sooside.

  12. Desertbhoy- if you have been following “Speaking Our Language” on BBC Alba, you would have learned that Ambrose is the South Uist name for Angus. True.

  13. Marrakesh Express on

    Listening to Kasey Kasem on Smooth 70’s..(retro 1970s top 40)

     

    He said that one way to draft dodge the Vietnam war was to have or get a criminal record. One ‘crime’ that qualified was being a ‘litter bug’ it seems.

     

    There was me thinking they emptied the jails to fight that futile war. Maybe Kasey got told that one in a pub.

  14. TheOriginalSadiesBhoy on

    goldstar10

     

     

    08:51 on 14 September, 2013

     

    TOSB- I remember those pokes, a picture of a horse rolling around?

     

    Quite apt, a picture of a horse’s a**e with the name Dalziel- ring a bell?

     

     

    ……………………………….

     

     

    Spot on :-)) I couldn’t remember if it was a horse or a cow but you’ve just refreshed my memory. You’re right about Gordon D.

  15. Phyllis Dietrichson on

    Tonydonnelly – if you want pedantic then I’m your man. Caledonia Road runs from Cathcart Road but stops at Saint Bonaventure’s where it then becomes Rutherglen Road, which has Richmond Park on the north side, Polmadie Road on the South Side where Celtic fans drink in the Mols Mire, where they stop en route to Shawfield where Joe McBride’s pub is across the road.

  16. TheOriginalSadiesBhoy on

    goldstar10

     

     

    09:22 on 14 September, 2013

     

    Desertbhoy- if you have been following “Speaking Our Language” on BBC Alba, you would have learned that Ambrose is the South Uist name for Angus. True.

     

     

    ……………………………..

     

     

    Do you or any other CQN poster know if Morag/Mhoraigh is the Gaelic equivalent of Sarah? (Family matter).

  17. desertbhoy- How can you survive without it?

     

     

    Come to think of it, any time we have a delayed live match on Alba we never win.

     

    Maybe not a bad thing for you, in that case.

  18. TOSB. & Goldstar10,

     

     

    Spot on, at lunchtime from school we’d go up to the bakery and get a big poke of yesterday’s cakes for 5p.

     

     

    Thar’s when we couldn’ t get cheap fish & chips or chicken from Zamboninis, of course if we were feeling flush a knickerbocker glory from Capocci’s would suffice, well you have to have something healthy in a balanced diet.

     

     

    But you right couldn’t beat Dalzeil’s rolls, my Dad used to sell them.

     

     

    Hail Hail

  19. TheOriginalSadiesBhoy on

    Chairbhoy

     

     

    As a former heidie, I am ebsolutely (sic) appalled at your school boy eating hebits! My mate and I had an individual fruit pie and a packet of crisps every day.

  20. VP KO'd by fearless Oscar Knox on

    Jamie Carragher in the Mail.

     

    The Champs league….5 things to look out for..

     

    #3 Celtic..

     

    It has been said Celtic have been given a nightmare

     

    draw but isn’t the opposite true?

     

    What an experience awaits them,with games in the

     

    San Siro,the Nou Camp and the Amsterdam ArenA.

     

    I’m sure there will be plenty of memories- from on

     

    and off the pitch- when the group is over.

  21. TheOriginalSadiesBhoy on

    desertbhoy

     

     

    Thank you for that. The reason I wanted to know was I have made contact with my long, lost cousin after 40 odd years. Her name is Morag and my sister told me yesterday that she was called after my mother (Sarah) as I am SadiesBhoy.

     

     

    The info you have given me has made me very happy.

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

    Hi – last attempt before me and Wee BGFC head out.

     

     

    Does anyone have two spares for the game today????

     

     

    If not, we are going to drive up to Edinburgh and try the old-fashioned way.

     

     

    If you see us on the M8 (red Mazda Estate) with Wee BGFC making a big “T” sign out the window, give us a big CQN Toot :-) (or even better, sell us two briefs for the game!!!)

     

     

    HH

     

     

    BGFC

     

     

    ArmageddonMyAr5eCSC

  23. TheOriginalSadiesBhoy on

    big georges fan club – hail, hail, wee oscar

     

     

    09:55 on 14 September, 2013

     

    Hi – last attempt before me and Wee BGFC head out.

     

     

    Does anyone have two spares for the game today????

     

     

    If not, we are going to drive up to Edinburgh and try the old-fashioned way.

     

     

    If you see us on the M8 (red Mazda Estate) with Wee BGFC making a big “T” sign out the window, give us a big CQN Toot :-) (or even better, sell us two briefs for the game!!!)

     

     

    HH

     

     

    BGFC

     

     

    ArmageddonMyAr5eCSC

     

     

    ………………………………………

     

     

    In our house when I make a big ‘T’ sign, it means I want a can of Tennents from the fridge. I usually have to go and get it myself as no one else in the house can understand sign language :-))