Dictionaries across the English speaking world will need to be updated for the term ‘loose cannon’, currently- noun, a person whose reckless behaviour endangers the efforts or welfare of others. In future they should be appended, ‘Charles Green’.
For months Charles has been busy telling anyone who would listen to him that his The Rangers club will never appear in the Scottish Premier League. Now, he has told the world the Scottish Football League are set to propose reconstruction which would see the end of the SPL and create one fewer step between his new club and top flight football. He told TalkSport, “I understand that the Football League [presumably he means the SFL]on Wednesday are having a meeting of clubs and it’s the intention of the executive to unveil what they think would be a restructuring plan for Scottish football.”
Green is one of the few from the SFL who have had anything to do with the plan, few were aware of it until his announcement yesterday. I hear the other architects of the plan inside the SFL are chief executive, David Longmuir and Airdrie United director, Jim Ballantye. My source also told me SFA president, Campbell Ogilvie was “in on the ground floor with the SFL plans”. They will all, surely, be frustrated that Green was out there with the news before the league were.
As STV today reported, the SFA have set a deadline of 30 November for the leagues to agree a reconstruction plan, “threatening they would instead push through with their own plans to bring about change by the 2013/14 season if an agreement could not be reached”. That’s next summer!
Timing here is everything, and is urgent.
The SPL Commission will soon convene into Improper Registration of Players at Rangers…
the predecessor club of The Rangers…
whose SFA membership The Rangers benefited from in order to compete in league football with less than three years accounts…
and who consequently are liable for penalties served on Rangers.
If found guilty, and no one is holding to the pretence otherwise anymore, the consequences for The Rangers are enormous. Forget about the inevitable stripping of titles, this is of historical consequence only, prize money [of circa £15m]will also be reclaimed and a punishment levied.
As I have said before, the toxicity of the old club is simply not viable to continue with. Newco Rangers either have to start from scratch, or the structures of Scottish football need to brought down with any penalties due wiped from the slates.
The Rangers share prospectus, now overdue, will have to detail these risks to the company unless an alternative narrative can be agreed and presented.
The chances of the SPL giving this Longmuir, Ballantyne and Ogilvie plan serious consideration are remote. It is a nonsense, will be rejected by the SPL and may even face opposition from those clubs within the Scottish Football League who stand to benefit from the change, but will find the motivations behind it unsupportable.
Scottish football is enjoying a well-earned renewal this season, no thanks to the game’s administrators, but the serious allegation, that many leagues and cups were won for over a decade by a club which was paying players against the tax laws of the country and against SFA, SPL and Fifa regulations, has yet to be resolved.
Until we know the truth, hear the consequences, know that those responsible are no longer in control of the game and have been banned for life from future involvement, there can be no talk of expedient change.
STV’s revelation that the SFA have imposed a 30 November deadline is the greatest illustration yet why “heavily conflicted” Campbell Ogilvie should have been on garden leave months ago. All those who carried out the duties which led to this shambles, and who have legal responsibility for it, should receive the life ban from the game that was promptly applied to Craig Whyte.
A swift rebuttal of this nonsense with a clearing of the decks is required. There can be no discussions on these matters while inquiries are on-going and those responsible for recent events are still running the game.
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Kilbowie Kelt
I say ‘Nay’.
From the slideshow: Asbestosdome=£65mill Training ground=£14mill
And he got them for £5.5mill!!
If I was a major creditor, I’d be after him and DandP.
Something stinks down Govan way.
SPF
RE the IPO slidefarce :
Management Accounts?
Profit / Loss projections?
Cashflow statement?
It amounts to : Look how much Man U earn, gie’s yer dosh NOW!
Guys just got back from the big smoke but managed to catch up with some comments. I may be getting on my high horse here but I think that we need to get supporters of all clubs acting as one here. We need to start flooding the radio, press, blogs etc with the questions we need answered. When I say we I mean all of the true decent Scottish football fans. We need some fundamental questions asked here:
Why are people who have direct association with Oldco still at the heart of the SFA.
What Is the main aim of League construction?
Will Servco a team with 6 months history be at the heart of the new league? If so why.
Can Mr Green explain how he can access European football without gaining access to the highest League in Scotland?
Sorry I could rant for the next hour but someone needs to start asking the MSM, Phone Ins, Mr Green, and the SFA some fundamental questions.
I am off on holiday for the next couple of weeks but would be very willing in getting interested / involved in getting this off the ground.
Scottish Football is bigger than Servco and the sooner they realise that the better.
Always remember RFC football club is dead and buried do not let the Zombies dictate the future.
As someone else has asked before, what on earth has the income of NFL teams got to do with SevcoFC???
SPF
The IPO also, repeatedly states they will remain free of Bank debt, nowhere does it say they will stay free of debt! So who will/do they owe money to.
Where will they get a line of credit if not from the bank, will they be able to operate without bank credit?
I take it it is real. Not a joke, it would be more believable it was a gag.
Mr Kilbowie
Noooooooooooooooooooooooooo!
Doc Is Neil Lennon – For “Free of Bank Debt” I read “Can’t Secure Credit Facilities”
doc…,
what you highlight is that no bank will extend the credit or an overdraft :oD)))
creative writting at its spiv best :oD))))))
good spot
hail hail
Embdy in the know……….
How much would that presentation have cost them ????????
Cos, even with my limited computer litracy, I could have done it in a couple of days.
RogueLeader
I’m struggling to derive any factual information that relates to Sevco from that presentation. I know that CG is now confident about being able to say anything to the Sevconians but he can’t seriously expect outside investment to come from that fairy story.
I’m disappointed because I want him to succeed. He’ll take them for every penny.
He reckons they have 17 mill in cash
Rogue leader, I read the same.
He has to have borrowed from somewhere, outgoings are higher than income, internal debt?
Investors have loaned not invested?
More questions than answers. The way of the Spiv and assets stripper.
It just rhetoric to whip up Sevcovians into investing.
whilst I had a good chuckle at that first year marketing student level PowerPoint pack that Charlie and the Boys have cobbled together, I SMELL SH*TE ,and not all of it is coming from Govan.
Is it a coincidence that the enquiry was delayed today due to illness but no future date set?
Getting back to Charlies sales pitch , lovely to see that a full board of directors is not yet in place and their biggest” triumph” is a non -exec , with previous baggage and a publicly stated desire to keep a distance from any decisions, Haud me back ! , how much do you want?
The comparisons with the EPL .and even more bizarre the NFL, are signs of desperation, comparisons with Portrugal and Holland are more accurate but would not dazzle any half witted Hun with more money than sense.
So my point is.. Charlie knows he needs help ,so he needs his new mates at the SFL and a couple of quislings in the SPL to give his dead cat a bounce. There is “summat queer” going on as Charlie himself would say.
feck them all , justice for the 41.
Canamalar
Exactly what I was trying to highlight.
scotpatsfan
20:27 on 13 November, 2012
As someone else has asked before, what on earth has the income of NFL teams got to do with SevcoFC???
SPF
Have you ever watched the mean machine, criminals v bent prison guards…….that’s what they could be talking about .
The IPO PowerPoint,
It doen’t look real, at the start click on ‘public’ top left-hand side and it takes you to ‘follow follow’s Skydrive’. mmmmmmm
Rogue leader, Doc is
Just finished helping one of my kids with homework for higher business management.
Having subsequently read the Rankers IPO document , I suspect this level of expertise of the authors would struggle with the O Grade.
I am sure there will be plenty of low level emotional investments, but I can’t see Warren Buffet getting too excited
No, non, nein, niet, naw…!!!!!
HH!!
Doc…,
if the banks wont extend credit, what chance any institutional investors :oD))))
the moon bhoys.
I come across your point everyday at work,that Celtic fans are bigots because we won’t accept the huns have had enough punishments and thems are privelaged to be where they are.
Im a never.hh
Sevco…hahahahaha……no stop it……hahahaha….been out for a long boozy lunch with mrs kikinthenakas and some pals…..noooooooo……hahahaha….please, let me lie doon and relax……..nae mare…..hahaha…..
To be brutally honest, who in there right mind would invest in this tainted sham….
We know a few currants might part with a couple of quid….
But a serious business investor, with any credibility….
Their desperation is their for all to see,
With good old “walt the u turn” on the board… (or is that u bend)
Not to mention the convienent postponement today….
Bag of straws anyone…………..
Nononononononononononononononononononononononononononono
…..and someone is on the wind-up with that presentation…..so many untruths …load of old cobblers…….. I’m starting to actually believe that zombies2 are heading for the knackers yard too…. If they are lucky enough to make, say, £4m, it will have to go to cover the ongoing cashflow problems …….who buys shares in a club which has no creditvatvthe bank ?….doooo doooo
gerry – the document came from there. Confirmed legit apparently
canamalar – that my friend, is it in a nutshell!
Why would a hard nosed investor give them a 6 figure sum when a normal banks business department will not even extend a small overdraft facility at a fraction of their turnover?
so by the sound of it the books are transparent, in fact so transparent they are invisible :oD))))
RogueLeader
20:41 on
13 November, 2012
gerry – the document came from there. Confirmed legit apparently
it probably is legit, let’s face it, it’s to the same standard as the presentation to the SPL
kk’s question best answered here
http://www.easypolls.net/poll.html?p=50a2a4c5e4b007bdc40ae57c
courtsey of FFM
Canamalar
None whatsoever, this is no more than an emotional plea to those who want to see The Rangers as Rangers, or Zombies to you and me, and he was many small investors who can be fleeced.
There is nothing in that, that any institution could take seriously. No accounts or projections.
They are toast, as has been said before.
canamalar
WTF, 3% voted yes…. o((
Kilbowie Kelt,
I called for such a vote earlier today. Definite NO from me. I hope never to have to put up with their vitriol ever again. For those “supposed” Celtic fans who call up Clyde or any other radio station, missing playing thon deid team: why don’t you start up yer ain XI and call it something like The Celtic and apply to join Division 3 and you can play them to your hearts’ content? Gie the rest of us peace.
WARNING
beware friendly huns,
they are just trying to get fags brought back from Euro trips :oD))
RogueLeader ,
Cheers, if that is real, my God…….do they not want to raise any money? lol
gerry
20:37 on 13 November, 2012
I thought it was suspicious too. How can the ‘colts’ team possibly be in there, unless Charlie knows something we don’t?
KK
I mean it when I say that I hope CELTIC FC never have the misfortune to ever have to take to the field to contest a football match with a certain illigitimate abomination ,in short it’s a no from me
celt55 – did you read the article you are posting on RE Charlie knowing?
RIGHT ,who voted yes? Must have been that kiddy oan Cellic fan on snyde.