Generic Sevco / Rangers meltdown thread

[sadtom]

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I think the tape itself is inadmissible i.e. it couldn't be played, but the conversation could be be discussed and because the contents have now become public knowledge D&P would look pretty foolish if they tried to deny it took place or dispute what was said. They could claim the tape was a mock-up and the BBC was 'duped' by CW, but the BBC claim to have used a voice recognition expert so I think they'd be on a sticky wicket.

Cheers again. Thats pretty much what i though the situ would be.

[sadtom]

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The Sheridan tape was hardly inadmissable was it. It got him charged with perjury.

It wasn't the tape that got him charged with perjury. It was lying in court that did that.

I may be wrong but i'm not sure that the jury even heard the tape in court, i cant remember. In fact, IIRC, they were unable to prove that it was TS on the tape. That would mean it was even less likely to have been used as evidence in a perjury trial.
To be honest, i know a couple of people on the 'pro' and 'anti' TS side within the SSP and had heard the truth within days of the actual SSP meeting, long before the trial. As such i didn't pay as much attention to the actual court details.
However like yourself, i do seem to think i have heard of trials where illicit recordings had been made of people, which had been used as evidence in court. So i'm still unclear what the legal position is. I'm sure there is something regarding using subterfuge to record people, but dont know what.

[LeighLoyal]

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It wasn't the tape that got him charged with perjury. It was lying in court that did that.

I may be wrong but i'm not sure that the jury even heard the tape in court, i cant remember. In fact, IIRC, they were unable to prove that it was TS on the tape. That would mean it was even less likely to have been used as evidence in a perjury trial.
To be honest, i know a couple of people on the 'pro' and 'anti' TS side within the SSP and had heard the truth within days of the actual SSP meeting, long before the trial. As such i didn't pay as much attention to the actual court details.
However like yourself, i do seem to think i have heard of trials where illicit recordings had been made of people, which had been used as evidence in court. So i'm still unclear what the legal position is. I'm sure there is something regarding using subterfuge to record people, but dont know what.

This is a similar debate to whether Whyte can be pursued by Ticketus, I suspect he can be. Comrade Tommy, I think the tape surfacing after his initial court win (the Gretna vs Real Madrid fiasco ) was key in forcing the perjury charges. If it was wholly inadmissable he wouldn't have made such a big fuss claiming the CIA and Murdoch had hired Rory Bremner and John Culshaw.

[green glory]

https://twitter.com/markdaly2/status/261495766491754496

More goodies tonight.

[grunt]

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https://twitter.com/markdaly2/status/261495766491754496

More goodies tonight.

Can someone please post tonight's news on here for those of us away from BBC Scotland? Thanks

[Mon Dieu4]

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Can someone please post tonight's news on here for those of us away from BBC Scotland? Thanks

D and P are recorded telling Whyte to lie and say they where not aware of the ticketus deal as if HMRC found out they would remove them

there are also emails telling him the same

[LeighLoyal]

Zombies seem to think BDO cannot unwind this dodgy Sevco deal but surely it has to be done now.

[Jack Hackett]

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D and P are recorded telling Whyte to lie and say they where not aware of the ticketus deal as if HMRC found out they would remove them

there are also emails telling him the same

Looks like Craig has been covering his derriere since Day 1. Charlie must be ordering his toilet paper from a wholesaler

[greenginger]

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Presumably, though, his claim was adjudicated by D&P and rejected.

And I think it was a floating charge too.

What value could be put on any of the Duffers adjudications now ?

[CropleyWasGod]

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What value could be put on any of the Duffers adjudications now ?

£5.5 m?

[lord bunberry]

Is it possible that bdo could say the sale of oldco rangers assets was unlawful and seize them back and if so how likely is this to happen

[CropleyWasGod]

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Is it possible that bdo could say the sale of oldco rangers assets was unlawful and seize them back and if so how likely is this to happen

Not so much that it was unlawful, but they do have the power to force D&P to justify the deal.

If BDO aren't satisfied with that, they can have the sale reversed.... which is complicated and expensive..... or they can sue the Newco for the "fair value".

However, if they think that there has been collusion (ie with intent to defraud the creditors), that would be a police matter.

[s.a.m]

So.....for those of you who understand how the various regulatory players involved here work (like liquidators, HMRC, polis etc...): are the revelations of the last two nights likely to come under consideration, or can they be brushed under the carpet?




Edit: you may just have answered that for me! Although I'm wondering about the likelihood of investigation.?

[ballengeich]

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Not so much that it was unlawful, but they do have the power to force D&P to justify the deal.

If BDO aren't satisfied with that, they can have the sale reversed.... which is complicated and expensive..... or they can sue the Newco for the "fair value".

However, if they think that there has been collusion (ie with intent to defraud the creditors), that would be a police matter.

As BDO would have no chance of getting "fair value" out of Newco or a sale reversal, could they sue D&P? They'd surely have more chance of recovering something for the creditors that way.

If D&P have sold too cheaply, why should the purchaser suffer if there's been no collusion? If all Green and his group have done is spot a bargain, it seems unjust that they should have to cough up more money later simply because the seller undervalued an asset.

[ancient hibee]

I have a feeling that administrators are appointed as individuals and not as representatives of the firm.If so this will be the defence-that the two administrators knew nothing about Ticketus.

[CropleyWasGod]

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As BDO would have no chance of getting "fair value" out of Newco or a sale reversal, could they sue D&P? They'd surely have more chance of recovering something for the creditors that way.

If D&P have sold too cheaply, why should the purchaser suffer if there's been no collusion? If all Green and his group have done is spot a bargain, it seems unjust that they should have to cough up more money later simply because the seller undervalued an asset.

In my view, something is worth what somebody is prepared to pay for it. That will be D and P's defence, of course.... but then the extendable noses of the Green empire told us last week that the assets were worth £80m.

You're right, though..... D&P had better make sure that their Professional Indemnity Insurance is up to scratch, in case BDO go that way.

[green glory]

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In my view, something is worth what somebody is prepared to pay for it. That will be D and P's defence, of course.... but then the extendable noses of the Green empire told us last week that the assets were worth £80m.

You're right, though..... D&P had better make sure that their Professional Indemnity Insurance is up to scratch, in case BDO go that way.

Is it not the case there were offers higher than Greeny's at the time?

[shagpile]

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Is it not the case there were offers higher than Greeny's at the time?

The answer to that question is most probably found between pages 1 & 706 of this thread!
Which is why i will not be trawling for it, but did not the Blue Knights have an offer of around the same as Greens? Kennedys offer tooIIRC? The Blue Knights & Kennedy together?
The Millar offer was double that of Greens , but i think he saw sense before it was too late & he seemed too honest for der hun anyway.[Maybe i should say he was not on the same corruption level as the rest]

[StevieC]

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i will not be trawling for it, but did not the Blue Knights have an offer of around the same as Greens? Kennedys offer tooIIRC? The Blue Knights & Kennedy together?

IIRC the Blue Nights (or whatever consortium was on the go at the time) were proposing £8m after the CVA failed, but by that time D&P were stating that they were tied into the Green proposal.

To be fair, the £8m offer was verbal (via the papers) so it could have been taken with a pinch of salt.

[cabbageandribs1875]

http://www.thescottishsun.co.uk/scot...ims-Whyte.html


CRAIG Whyte claims Rangers were STILL using the controversial EBT scheme when he came on the scene last year.


i hope that **** murray ends up in jail hopefully he hasn't got a leg to stand on and they can whip that stupid knighthood off him to start with, and hopefully that sniveling little creepy crook whyte ends up in the adjoining cell

[sadtom]

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IIRC the Blue Nights (or whatever consortium was on the go at the time) were proposing £8m after the CVA failed, but by that time D&P were stating that they were tied into the Green proposal.

To be fair, the £8m offer was verbal (via the papers) so it could have been taken with a pinch of salt.

That kinda rings a bell but i thought it was even dodgier.
Were they not looking for bids to take them on as a going concern which didnt see too many bidders. Only when they announced that the club was to be liquidated did more potential buyers start to show interest but D&P claimed that a deal had already been struck with best bid to that point.
It was almost as if they stopped the bidding as soon as potential interest started to increase when in effect it became a fire sale.

[Haymaker]

Catching up on the last few days worth of news has defo put a smile on my face! I hope this is the start of the end... Again!

[Part/Time Supporter]

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http://www.thescottishsun.co.uk/scot...ims-Whyte.html


CRAIG Whyte claims Rangers were STILL using the controversial EBT scheme when he came on the scene last year.


i hope that **** murray ends up in jail hopefully he hasn't got a leg to stand on and they can whip that stupid knighthood off him to start with, and hopefully that sniveling little creepy crook whyte ends up in the adjoining cell

Unfortunate choice of phrase...

[cabbageandribs1875]

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Unfortunate choice of phrase...

well spotted

[down-the-slope]

just when you think there is little more to wring out of this story you find another chapter.....

what I want next is the tape of Whyte & Green

Whyte - whats the plan Chuckie

Chuckie - you sell shares to me and i'll get the monkey of your back

Whyte - whats in it for me, not losing my wedge

Chuckie - keep yer heid down for a few months and you will get your wedge & more

Whyte - hows that going to happen

Chuckie - we will buy the scraps for a pittance, polish the turd with some help from our friends at the SFA / SPL...when the hordes of gullible eejits lap it up we will sell it to them...and hey presto...big bucks that we can split..

Whyte - genius...its yours for a quid.

Chuckie - tell you what i'm no crook...i'll give you double that

[Kaiser1962]

Alex Thomson's blog about tonights news

http://blogs.channel4.com/alex-thoms...gers-fans/2891

[johnbc70]

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Alex Thomson's blog about tonights news

http://blogs.channel4.com/alex-thoms...gers-fans/2891

I wonder why this is not being reported by the mainstream Scottish media. I still think the McCoist "I want to know who these people are' rant has been brushed under the carpet. I wonder if he really cares what his comments did to this man and his family? How would he feel if it was his family. No Scottish journalist seems to follow it up.

[LeighLoyal]

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I wonder why this is not being reported by the mainstream Scottish media. I still think the McCoist "I want to know who these people are' rant has been brushed under the carpet. I wonder if he really cares what his comments did to this man and his family? How would he feel if it was his family. No Scottish journalist seems to follow it up.

It takes someone like Thompson outside the pro Sevco Glasgow media up here to tell the truth - the same truth that hun hacks claim Zombies want to hear! It does show the hypsocrisy of them in full, the way they put the boot into Romanov but were silent on Whyte, except to claim he was a billionaire, until the English press published the Ticketus funding facts, and then let Sally and Green off lightly with outrageous and inflammatory outbursts while failing to look into D&P. They even published the full names of the panel after the malicious Sally demand, furthering them to more threats of hun thuggery. These poodles are a disgrace to their profession.

[johnrebus]

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It takes someone like Thompson outside the pro Sevco Glasgow media up here to tell the truth - the same truth that hun hacks claim Zombies want to hear! It does show the hypsocrisy of them in full, the way they put the boot into Romanov but were silent on Whyte, except to claim he was a billionaire, until the English press published the Ticketus funding facts, and then let Sally and Green off lightly with outrageous and inflammatory outbursts while failing to look into D&P. They even published the full names of the panel after the malicious Sally demand, furthering them to more threats of hun thuggery. These poodles are a disgrace to their profession.

I think, as will become apparent tonight on C4, that a good few of these Journos are not in the Hun camp, but are too **** scared to write about the truth.........,

[Caversham Green]

It seems Sevco were after the add-on for the sale of Charlie Adam - Green reckons they bought the right to it along with all the other stuff for £5.5m

A bit of detail about gratuitous alienation in there as well.

http://scotslawthoughts.wordpress.co...mpions-league/