Whyte’s criminal trial, 5088 and the Summer of Love


There are two types of people you don’t want to mess with, those with enormous resources, and those with so little going for them, they have nothing to lose. It doesn’t matter how self-righteous you feel, if you go to battle against either, you will likely end up a loser.

You and I agree that Mike Ashley is one of the last people you would want with an undue influence on your football club, but Mike is not a guy you do battle with. He’s simply too powerful, too rich, with too many good lawyers to stand a hope against.

On the opposite end of the scale, you have Our Hero, Craig Whyte, who pitched up at Glasgow High Court this morning, for his trial in connection with his purchase of Rangers in 2011, prior to the clubs descent into liquidation a year later.

The Great Football Swindle was not a one-man job, but Craig is the only man in the dock. He has nothing to lose, no friends to protect and no reason to respect discrete courtesies.

Rangers’ administrators, Duff and Phelps, entered into an irrevocable contract to sell the club’s assets to Sevco 5088 Ltd during the Summer of Love (2012), a company which Whyte claims a controlling interest in. Those assets were, however, sold to Sevco Scotland Ltd, later renamed The Rangers Football Club Ltd (and sitting third in the Scottish Premiership).

That transaction has been disputed since, and four years ago yesterday, Newco Rangers founder, Charles Green, announced his intention to resign, after Craig Whyte revealed he was a director of Sevco 5088 Ltd, a company publicly represented by Green at the time it entered into a contract with Rangers’ administrators.

Evidence revealed at this criminal trial will be of enormous interest to many.

Oh, and the ‘Our Hero’ thing, Craig Whyte is no one’s hero, I’m mocking those who treated him as such when they should have worked to protect their club. He was a very transparent exploiter.

Click Here for Comments >

About Author


  1. Findlay suggests “football clubs are also businesses” Smith agrees and confirms as a director he had “fiduciary duties”

  2. TURKEY BHOY 10.27,


    My post of 9.53…”Utter Nonsense” ?



    For any “Soup takers” to come out with their Paid for Opinions…..tell me this… What WEIGHT if ANY does the paid for opinions of Soup takers carry ?


    In past years in the work I have voted for strike action, and my and my workmates at the time gained total success, I have also staged a “One Man”, when (I ALONE “Downed Tools”) strike in later years and again I was successful.


    Sometimes until you try something, you will never know how it would have panned out unless you actually TRY to take Action, by saying “Enough is Enough” !


    Other then maybe next seasons Scottish Cup..what else would Celtic be banned from ?



    I stand by every word of my post….”I shall not be moved”.



  3. TURKEYBHOY ( and possible others),


    Should Celtic YET AGAIN be the innocent victims of blatant cheating by officials and Hun players on Sunday, and we also get knocked out the Cup….I take it that you will NOT be on here complaining of that blatant cheating and Hun Thuggery ?


    There will be NO feckin point in greetin and moaning about blatant cheating and thuggery ( yet again)…AFTER it has occurred, cos nothing will happen.



    I am FULLY AWARE that Celtic FC would not ( in all probability) be in support of The Celts walking off the pitch on Sunday, no matter what happens, but you offered NO ALTERNATIVE to my suggestion of The Celts walking off, so I can only assume that for you it’s ” nothing to see here, move on” ?






    Back in 1967 V Racing Club….would you have supported the Celtic players and Jock Stein IF those Bhoys had ALL simply walked off in protest at the blatant cheating, and blatant thuggery of Racing Club and the feckin Officials….or would you be in total disagreement with that course of action, and possibly fully supportive of the then Celtic Board FINING Celtic players for defending themselves ?



    It’s funny how many on here and in pubs and clubs are angry with Celtic FC NOT appearing to be standing up against the blatant cheating and thuggery,…….and yet when a Celtic Man merely suggests possible action …it is called “Utter Nonsense” ??????



  5. patmcgrathtakesapenalty on

    PHILBHOY on 21ST APRIL 2017 10:01 AM



    If you want to be bothered and have their number, type it into Google and you’re almost certain to find references to it as a scam.

  6. ..



    Big Jimmy..



    I take in You’ve never watched any European Fitba..



    Or Your a Union Man who every Monday mornin would shout Fae the back of the Meeting.. ‘Hit The Cobbles’ ¯\_(ツ)_/¯



    Summa of StandAndFightCSC

  7. STARRY PLOUGH 11.05,


    With Respect mate, at NO TIME in my post did I suggest that the Celtic players would have a say in such “ACTIONS”….in fact I would support that for there to be any such “Walk Off Protest”, that decision is NOT in the hands or the feet of the players .


    It would be a course of “POSSIBLE ACTION” sanctioned by The Board with Brendan BEFORE the match.


    I do NOT intend to argue or fall out with anyone over my suggestion as I made it perfectly clear when posting it is only my opinion, however….as I pointed out ( respectfully) to TURKEYBHOY, in a later post…..he FAILED to offer up ANY ALTERNATIVES, as you have also now did ?


    The SFA, SPL, and Cup and League Sponsors need Celtic much more than we feckin need them.


    I will deliberately be avoiding ANY posts on here after Sundays game, that contains moaning and greeting about blatant cheating and unpunished thuggery by THEM and the MIB in Sundays game ( and beyond), IF those same posters FAIL to offer up ANY other alternatives to The Celts simply walking off the pitch in the face of such cheating and thuggery.


    I just hope that I am NOT in a position to post after Sunday’s game….”Told you So” ?





    It is NOW time

  8. SUMMA OF SAMMI 11.29,


    So you are another poster who offers up NO ALTERNATIVE to my suggestion of the players being taken off by Celtic FC ?


    Glad that I didn’t have to depend on workmates like you in the past.




  9. When you see others and/or yourself being treated like SH@t by certain people in authority….whats feckin wrong in “Hitting the Cobbles”…..or simply walking aff a football pitch IF you are left with NO other alternative ?



  10. The Bhoys of ’67 , and The Celtic Board would have been FULLY SUPPORTED by ALL Celtic fans, IF they had walked off the pitch against racing club.



  11. IF Craig Whytes Court Case was taking place in JERSEY……..would Wattie Smith be held in Contempt of Court for wearing a feckin CARDIGAN ?

  12. i'vehadtochangemyname on

    we’re gonna win the cup


    we’re gonna win the cup


    ee i mee addio


    we’re gonna win the cup




    So the players would have no say in giving up a treble, this would be foisted upon them by the manager and the board..



    Sounds like a plan Jimmy.))

  14. I’m going for a Grand National double. I can’t see past. Vicente @ 3.55 Ayr



    Good luck and happy punting Bhoys!

  15. Gerryfaethebrig on

    3.55 Ayr



    Shotgun Paddy for me…..



    Surely wee Paddy won’t miss an open goal this semi final :-)



    Best of luck to all especially VP it takes some doing to be level with me in picking donkeys :-)



    Cheers GFTB

  16. Lads,



    get your Scottish Grand National – or alternative selections – on here today, please…



    Good luck to everyone!




  17. L’AMI SERGE 2:45 Ayr…



    Thanks to BMCUW for posting my selection last week.



    Regards & Hail Hail



  18. 16 roads - Celtic über alles... on

    18:30 @ Nottingham – Forever Song – NAP!



    Good luck everybody.