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. leftclicktic oscar in our thoughts on

    Awe_Naw_No_Annoni_Oan_Anaw_Noo

     

     

    Sevco signed up with Elites electronic cigarettes yesterday in a sponsorship deal similar to ours

     

    Hmmmmmmmmmm.

     

     

    Hope you are well

  2. Livi Bhoy

     

     

    “With the position of goal keeper being a very specialised one surely getting a kid of say 15 and coaching him from now until the first team would result in us having a very good keeper.”

     

     

    I am afraid that talent is still the biggest variable. Our keepers are getting specialised coaching from well before the age of 15. At the boy’s club I was involved with in the 90s, the best keepers were getting goalie coaching from much younger so I am sure the semi-pro teams and SPL youth set ups were even better. The goalie we had was a superb prospect, IMO, and excelled against semi pro teams when we got the chance to play them. Despite all that he has not made it to the Senior ranks because the competition and churn rate is so great. One of the best outfield players we had was let go by a Div. 3 club last year after one season but guys that we did not rate as high will have gone onto pro ranks. It’s not as straightforward a route to progress as you’d think.

     

     

    We criticise the youth set up for not producing the number of first team ready players that we’d like but it is damn hard to break into our first team and, though we are encouraging to those that make their debut, we end up slaughtering and writing off anyone who has played more than 6 games an dhas a stinker. Well, senior established players go off form too.

     

     

    I was quite impressed with Scott Fox in goal at Thistle. He could not displace the keepers ahead of him at CP but went away and continued to develop. Maybe, if he keeps going, he will get a 2nd chance. Likewise,a way from goalies, might Stephen O’Donnell or Niall McGinn but they need more than one good season with a lesser club to be good enough for us.

  3. Tom McLaughlin

     

     

    Tom, good to have you back. Take care, give yourself some time and don’t over do it.

     

     

    HH

  4. LiviBhoy - God bless wee Oscar on

    setting free the bears supports Celtic’s best fighter- Wee Oscar Knox

     

     

    Thanks for the response. Always wondered whether a keeper could be coached and make the first team. Like I said not an expert but I reckon an average keeper can become a great keeper with the right coaching. Just my outlook on it.

     

     

    LB

  5. No Bobby Does It Petta on

    SFTB

     

     

    I’d rather he realise this “frightening potential” elsewhere on loan.

     

     

    CL group matches not the place.

     

     

    HH.

  6. leftclicktic oscar in our thoughts on

    From the official Celtic Website last night under 18′s …..Celtic 2 Rangers 1 headline is a lot more significant than the scoreline?

     

    ——————–

     

    Sometimes its the wee things that turn your stomach :((

     

     

    Anyone have John Pauls twitter contact

  7. desetbhoy

     

     

    “Can’t comment on his work ethic etc,”

     

     

    Well, you can see that in his training effort before every game and in half times at away fixtures.

     

     

    “What does worry me more though, is if he has lost confidence in “coming out” and not utilising his obvious assets with a commanding presence, thenI would be very doubtful if he ever will.”

     

     

    I don’t recall him ever being a confident “comer outer” so he has lost nothing in that respect. I think he has a good enough conceit of his own abilities and, for that, i am fearful we will lose him to England like Gary Hooper, but he expresses his confidence less overtly than Artur. It does help to have confidence and big men like Schmeichel, Buffon and Boruc had that but I see other good quality quieter keepers like Reina, Cassilas and Given.

  8. Give me a Keeper who

     

     

    Is an Exellent..

     

     

    Shot- Stoapper.

     

     

    Fur being Able tae Prevent a Shot frum Getting Past Him..is

     

    ..

     

     

    In Ma opinion..

     

     

    Whit it is awe Aboot.

     

     

    Vive.. Le Shot- Stoapper!

     

     

    And Forster is an Excellent wan of Those..

     

     

    Yep… Ah hiv not Wan Complaint agin this Kid..

     

     

     

    Kojo

     

    Still,Laughin’

  9. LiviBhoy – God bless wee Oscar

     

     

     

    15:12 on 13 September, 2013

     

    ………………………………………………………..

     

     

    can’t make a silk purse from a sow’s ear!! Got to have it initially to improve.

  10. My son’s pal plays for Sevco. I won’t mention his name. He’s not a first team regular but he told my son that he had to take some medical document up to Ally McCoist’s office a couple of weeks ago. He knocked on the door and was told to come in. He entered to see Ally lying on a leather couch talking on his mobile phone. He was taking some bad news and was cursing. My son’s mate waited until he finished the call with. “I know. Tell me about it. And to make matters worse, those jammy c**** got into the group stages anaw.”

  11. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS forza Oscar and Mackenzie on

    mickbhoy1888

     

     

    15:03 on 13 September, 2013

     

    lilys grandpa-me and lily backing oscar

     

     

    13:37 on 13 September, 2013

     

     

    Always seems to be the poor that can afford a taxi to the gemme

     

     

    ~~~~~~~~~~~~~~~~~~~~

     

     

    Care to expand?

  12. Tom McLaughiin.

     

     

    Glad ye ur oan the Road tae Recovery,pal..

     

     

    Ah understaun how ye feel.. Ah hid a wee bout of Something, masel..last Year..

     

     

    Anyway.

     

     

    Ah luv Inside Information.. Disnae everybuddy? Sure Dukes,they Dae!

     

     

    Keep it comin’…

     

     

    Kojo

     

    Stilll Laughin’

  13. The tribulations facing BBC Scotland football

     

    pundit Jim Spence over the last week have

     

    again highlighted the intimidation tactics

     

    faced by some journalists in Scotland over

     

    the coverage of Rangers FC’s financial

     

    collapse.

     

    The issue has even caught the attention of

     

    the International Federation of Journalists – a

     

    body that speaks for the profession within the

     

    United Nations. The organisation, more used

     

    to defending journalists in less stable parts of

     

    the world, described the situation as

     

    “unacceptable”. Meanwhile, the BBC and NUJ

     

    have come out fighting after Spence received

     

    “vile and disgusting” emails and texts and

     

    the BBC received over 400 complaints over a

     

    comment about the status of the club

     

    following its liquidation in 2012.

     

    But the level of abuse directed at Spence over

     

    his comment was reported to have left him

     

    considering voluntary redundancy, fuelling

     

    concerns that intimidation tactics against

     

    journalists reporting on the story have not

     

    eased. Professor of journalism and Guardian

     

    media blogger Professor Roy Greenslade has

     

    described the situation as “very worrying” and

     

    BBC Scotland sports pundit Stuart Cosgrove

     

    said the “incoming fire” was forcing

     

    journalists away from reporting the story.

     

    “I think that they’re facing an alarming

     

    situation in Scotland where newspapers and

     

    broadcasters are being intimidated into

     

    concealing reality and concealing the truth

     

    and that is very worrying indeed,” said

     

    Professor Greenslade.

     

    “Clearly, a journalist should never face a

     

    threat for merely carrying out his job. It’s

     

    unacceptable to abuse someone who has

     

    merely attempted to report the truth.”

     

    Last year, Channel 4 News broadcast a

     

    segment revealing a Scottish QC, Gary Allan,

     

    had been given anti-terror guidance from

     

    Scottish police after sitting on an SFA panel

     

    examining potential rule breaches by

     

    Rangers. Another panel member, chairman of

     

    Raith Rovers Football Club Turnbull Hutton,

     

    described a phone call from Fife police

     

    informing him that people had been “lined

     

    up” to torch the Raith Rovers stadium.

     

    The incidents were part of a bigger picture. In

     

    last year’s Channel 4 News broadcast, NUJ

     

    Scotland organiser Paul Holleran said he had

     

    been contacted by more than 30 journalists

     

    in Scotland who had reason to be concerned

     

    for their safety after working on the story. But

     

    although he says indications are that the

     

    situation has calmed in the last 12 months,

     

    he says he believes the tactics have resulted

     

    in censorship for some.

     

    “The situation has improved with far less

     

    complaints being registered with the union.

     

    However, every now and again, like this week,

     

    the situation reverts back to high levels of

     

    abuse,” he says.

     

    “It is of course a way of attempting to censor

     

    journalists and stop them raising certain

     

    issues. I believe there has been some self-

     

    censorship because of the levels of abuse.”

     

    Holleran said he has intervened three times

     

    with employers in a bid to tackle the problem

     

    and said the NUJ would take all steps it

     

    could to support those being targeted.

     

    “We exist to protect journalists and

     

    journalism and we will not stand by and do

     

    nothing. We have taken steps this week which

     

    we believe will send a message out to the

     

    worst offenders but it is a problem for wider

     

    society to tackle.”

     

    Of the latest developments in the now long-

     

    running saga, a spokesperson for the

     

    Brussels-based International Federation of

     

    Journalists said: “We stand firmly with all the

     

    journalists who have been targeted by these

     

    threats and urge the Scottish authorities to

     

    take them seriously, investigate them

     

    thoroughly and bring those who are behind

     

    them to justice.

     

    “Together with our regional group, the

     

    European Federation of Journalists, we

     

    consider that these reported threats to

     

    journalists in Scotland are an attempt to

     

    intimidate our colleagues and stifle public

     

    debate, something which is unacceptable.

     

    He added: “There are legitimate venues for

     

    redress to those who wish to raise their

     

    concerns over publications in the press but

     

    threatening journalists with violence should

     

    not be tolerated in a democratic society.”

     

    The Jim Spence incident comes almost

     

    exactly a year after the Scottish Sun pulled a

     

    serialisation of a book on the Rangers story,

     

    Downfall, by campaigning journalist Phil Mac

     

    Giolla Bháin, following a massive backlash by

     

    Rangers fans.

     

    Upon publishing an interview about the death

     

    threats Mac Giolla Bháin had received after

     

    breaking many of the major stories charting

     

    Rangers’ descent into crisis, the journalist

     

    who conducted the interview, Simon Houston,

     

    was then deluged with abuse himself on

     

    social media.

     

    “He wasn’t prepared for that,” a source close

     

    to Houston told The Drum. “He called police

     

    in when it became clear on Rangers fan

     

    forums that there were attempts to track

     

    down his address. There was some really

     

    horrible stuff said about his family members.

     

    He came off Twitter for a while to let it die

     

    down.”

     

    Mac Giolla Bháin believes the levels of abuse

     

    facing journalists in Scotland have impacted

     

    on their ability to do their jobs properly for

     

    fear of the consequences.

     

    “Several journalists based in Glasgow have

     

    told me that they ‘tone it down’ when they

     

    are required to write about the behaviour of

     

    that section of Rangers supporters who

     

    indulge in racist and sectarian chanting

     

    because of direct threats made to them or

     

    because they know of what has befallen other

     

    colleagues,” he says.

     

    “I think this is one of the reasons that sports

     

    journalists in Glasgow were slow to

     

    investigate the impending financial collapse

     

    of Rangers in 2010 and 2011.”

     

    Mac Giolla Bháin, who lives in Ireland, is

     

    another on the list of journalists who have

     

    called in police after serious safety concerns.

     

    “When my home address in Donegal appeared

     

    on the Follow Follow website and there was a

     

    free flowing discussion then about how and

     

    why I should be killed,” he went on.

     

    “Further threats were made against me this

     

    year on two separate occasions via Twitter

     

    and once more the police here in Ireland were

     

    excellent.

     

    “That was in June and although An Garda

     

    Síochána have been very diligent in keeping

     

    me in the loop I have not heard of any action

     

    being taken in Scotland about these threats.”

     

    For some, the Rangers story has been a

     

    prime example of an emerging problem

     

    presented by the tools and influence digital

     

    technology now offers and there could be

     

    wider implications for the media if forms of

     

    intimidation online are not faced down.

     

    Director of creative diversity at Channel 4 and

     

    BBC Scotland football pundit Stuart Cosgrove

     

    said the “democracy of debate” was being

     

    threatened.

     

    “Online abuse is unacceptable in any context

     

    and passion for your club is not a credible

     

    excuse. We have gone through a period of

     

    extreme tribalism over the last year and some

     

    web forums have heightened emotions. It is

     

    now very easy to make ‘cut-and-paste’

     

    complaints and therefore to use complaints

     

    as a tactic of intimidation.

     

    “Some journalists can’t be bothered with the

     

    incoming fire and so avoid controversial

     

    football subjects which compromises the

     

    democracy of debate. When people bring a

     

    journalist or broadcaster’s kids into the fray

     

    you wonder if they have abandoned their

     

    humanity in the name of football.”

     

    He added: “If you cannot advance reasonable

     

    opinions then something has gone wrong

     

    with the democratic mood and all titles and

     

    broadcasters should want to protect that

     

    fragile idea. All reasonable people whether

     

    they are journalists or hard-core football fans

     

    should respect diversity of opinion.”

     

    According to the NUJ, BBC Scotland’s plans

     

    to back Jim Spence include taking its fight to

     

    the BBC Trust and challenging a ruling made

     

    in June that upheld complaints that the

     

    broadcaster’s use of the terms “old” and

     

    “new” to describe Rangers FC did not meet

     

    accuracy standards, despite liquidation over

     

    a year ago. Professor Greenslade has thrown

     

    his full backing behind plans to fight the

     

    case.

     

    “I think the BBC Trust should reconsider their

     

    ruling in the light of better evidence that

     

    shows that BBC Scotland reporters were

     

    attempting to tell the truth and their ruling

     

    was a mistake.

     

    “There were clearly unaware of the special

     

    circumstances and BBC Scotland should

     

    return to argue the case. They need to

     

    understand the situation better.”

  14. Nothing to worry about as Chuck has never told a lie…

     

     

    Alasdair Lamont @BBCAlLamont

     

    Rangers Fans Fighting Fund says Charles Green’s promised he won’t sell or mortgage Ibrox or Murray Park (or other property assets).

  15. leftclicktic oscar in our thoughts on

    Phil MacGiollaBhain‏@Pmacgiollabhain3h

     

     

    Frank Blin Doing Walking Away is highly significant.

     

     

     

     

    Frank Blin is the best in the business at what he does.

     

    He was being put on the RIFC board to halt Spivco in its tracks.

     

     

    If Sale/Leaseback is now in play for Spivco then the green half of Glasgow have really no idea of how much Jelly n Ice cream they will need!

  16. Livi Bhoy

     

     

    I approve of coaching. It can make an average player quite good but it will not make him great. The magic formula ratio of talent to work-rate to personality is hard to discern. There are plenty of talented players who did not work hard enough (Riordan) or who had personality flaws (George Connelly, Viduka) or were not fit enough (McCourt, Moyokoulo).

     

     

    There are others where fitness and application got them further than their talent merited (Scott Brown, Stuart McCall, Rino Gattuso, Bertie Vogts, Paul Dickov) and others whose personality added to a modicum of talent made them great or better than they should have been ( Billy McNeill, Jock Stein and Stephen McManus as players).

     

     

    I remember Craig Brown saying that one of the players in his squad was much poorer than the rest in terms of basic skills at keepie-up, trapping, passing accuracy and general discipline but still excelled in the games at what he was supposed to do. He was describing Ally McCoist at the time.

  17. Hahahahahahahahahahahahahahaha

     

     

    Think not what the blazer can do for you. Think what you can do for the blaze

     

     

    hahahahahahahahhahahahahahahaha

     

     

    Carpothagic heights are being reached

  18. BlantyreKev-thoughts and prayers with Wee Oscar and family on

    Frank Blin “accountancy expert” [(c) Keith Jackson] walks away. Oh dear.

     

     

    Paul Murray hanging around like Peter Odemwingie in QPR’s car park. It’s embarrassing.

     

     

    The statement says its because the requisitioners couldn’t be give guarantees that no other Board members would be appointed before 31 October and so they don’t know what Board they’d be joining. That’s just mental. So who’s going to be appointed? Let the fun begin. Ian Black says I can have 2/1 on Ahmad, 4/1 Green, 8/1 Rafat Rizvi and the value bet is 25/1 Craig Thomas Whyte.

     

     

    But Blin isn’t even going to wait till the AGM and put himself forward. In theory the current Board could be ousted and he’d be in, no possibility of rogue appointments.

     

     

    I reckon Blin is in fact a very savvy guy and wants hee haw to do with it. Time becomes a loop.

     

     

    My money’s on Monday 30 September.

  19. leftclicktic oscar in our thoughts on

    So Tin foil heid Grahams latest saviours after he backed Craigie & Chuckles are lying in tatters.

     

    see how it pans out

     

    keep it up Chris yer good fir a laugh (not)

  20. ASonOfDan

     

    15:27 on

     

    13 September, 201

     

     

    Great read.Many thanks.Good to hear the Beeb Scotland are going on the offensive.

  21. leftclicktic oscar in our thoughts on

    BlantyreKev-thoughts and prayers with Wee Oscar and family

     

     

    Had a look on deluded media

     

     

     

    I see they are claiming that Strand Hanson, the club’s nominated advisor (Nomad) and broker vetoed any deal.

     

     

    The mob that was put in place the day Chuckles returned for a couple of days :)))

     

     

     

    Stupid Stupid Huns

  22. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS forza Oscar and Mackenzie on

    BLANTYREKEV

     

     

    Monday the 30th?

     

     

    Blinkin’ flip,that’s no use.

     

     

    I’m back in Kilwinning then,and the news will render me housebound.

     

     

    I’ll never get through my front door wi a smirk that wide….

  23. acgr@hotmail.co.uk - Only 51 free Zadok The Priest ringtones left to give away - Get them while stocks last. on

    “CRAIG WHYTE needed a police guard as he ran gauntlet of angry Rangers supporters outside court yesterday — including one who warned: “I’ll burst your face.”

     

     

    There’s some major gloating going on over on deidco media and a call for huns to attend his next hearing.

     

     

    What a bunch of backward dullards.

  24. Mickbhoy

     

     

    No, my unemployed son in law did neither. A previous season ticket holder who cannot afford to go now. He has no i phone either. We should thank our lucky stars, we can afford to go.

  25. ASonOfDan

     

     

     

    15:29 on 13 September, 2013

     

     

     

    Nothing to worry about as Chuck has never told a lie…

     

     

    Alasdair Lamont @BBCAlLamont

     

    Rangers Fans Fighting Fund says Charles Green’s promised he won’t sell or mortgage Ibrox or Murray Park (or other property assets).

     

     

     

    I don’t think given the latest evidence that Chuckles was in any position to sell. When it comes out in the wash it will be Mighty Whytey that will hold all the cards.

     

     

    HH

     

    gsu

  26. Che (Standing Beside Wee Oscar) on

    So Chris Graham’s latest “he’s the one to save us” has walked away, dearie me Chris is as good at this as Keith Jackson, surely they’re not getting your information from the same source?

     

    If time was their your side I’d say that by the law of averages eventually they’d pick the right one, but it’s not so they won’t,

     

    As things stand they’ve had nearly as many second helpings as Pep Mcoist.

  27. BlantyreKev-thoughts and prayers with Wee Oscar and family on

    leftclicktic oscar in our thoughts

     

     

    Absolutely, this is becoming the practice. When rumbled, change, bury it.

     

     

    The asset purchase was a sham. Bury Sevco 5088.

     

    Sevco Scotland is a sham, place shares with RIFC, whatever that is.

     

    The IPO was a sham. Bury it with Cenkos.

     

    The shareholders never disclosed, file an incomplete annual return anyway.

     

    The directorate is a sham, blame faceless Strand Hanson.

     

    Accounts will be out by 31 August. Bury that with more dates about EGMs and AGMs.

     

     

    The chickens are out there though, and the rooster has a semi.