Generic Sevco / Rangers meltdown thread

[Ronniekirk]

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The tramps have had a 150k bid for Ali Crawford rejected

Another derisory offer .Are they offering to pay this up in instalments as well .
No doubt it will get upped to £175,000 after Hamilton reject it

[Aldo]

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The tramps have had a 150k bid for Ali Crawford rejected

They have no class whatsoever!

[Jack]

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Another derisory offer .Are they offering to pay this up in instalments as well .
No doubt it will get upped to £175,000 after Hamilton reject it

They are collecting Barrs Irn Bru bottles as we speak and are hoping to put in an improved offer before the deadline ... 31st December when the 30p deposit on Barrs bottles ends.

[Billy Whizz]

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The tramps have had a 150k bid for Ali Crawford rejected

The lad that Hearts let go as a teenager

[PatHead]

Hamilton are obviously bigots not letting this lad join his heroes.

[Eyrie]

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Chris McLaughlin (@BBCchrismclaug)
31/08/2015 20:02
Former #Rangers CEO Charles Green to be interviewed by Police Scotland tomorrow. Likely he'll face charges relating to his time at club

Not a lot of detail so far.

[steakbake]

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Not a lot of detail so far.

https://theclumpany.wordpress.com/

Nothing but conjecture so far, and we should be cautious about Keith "Off the Radar" Jackson, but things going nuclear at Ibrox would be interesting.

[AndyM_1875]

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https://theclumpany.wordpress.com/

Nothing but conjecture so far, and we should be cautious about Keith "Off the Radar" Jackson, but things going nuclear at Ibrox would be interesting.

We should definitely treat with suspicion the writings of Mr Jackson whilst also taking with a pinch of salt the spittle flecked, keyboard rage of the axe grinders and agenda peddlers of the blogging world.

It'll all come out in the wash anyway.

[Cropley10]

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It'll all come out in the wash anyway.

I'm not sure it does though Andy. There are a bunch of reasons why the print media in Scotland have zero interest in actually pursuing the Sevco stories.

Take Big Chuck, a born liar, huge hands - the idea he wasn't in chaoots with Whyte & D&P seemed ludicrous at the time and does now; he bought the whole lot for £5.5m (by providing The Rangers with a loan!) then said it was worth £20m. Let's not forget there was circumstantial evidence that Green swindled Whyte using the Sevco 5088/Sevco Scotland switcheroo...

[grunt]

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We should definitely treat with suspicion the writings of Mr Jackson whilst also taking with a pinch of salt the spittle flecked, keyboard rage of the axe grinders and agenda peddlers of the blogging world.

Yes, but they can be fun, too!

https://rangerssupportersloyal.wordp.../#comment-2623

According to Keith Jackson, who has dined well on the travails of Rangers, we are now on the brink of justice. Before I continue it’s important to note that Keith Jackson is a Rangers man. He followed Rangers as a boy and at one time played for a Rangers under 14 side. The perfect credentials for a career in SMSM. Mr Jackson and his former boss Mr Traynor have selective memories. Day after day they both regaled us with PR puff pieces on Craig Whyte. According to Jackson & Traynor he was a self-made millionaire who had successfully played the markets. Mr Traynor, who was at the centre of the media feeding frenzy, came to the conclusion that he was a billionaire.
No-one checked. No-one even asked the most obvious question as to how Mr Whyte managed to avoid the 2008 crash.

At a sumptuous dinner at SDM’s Jersey home, Mr Traynor and others were presented with a choice. They could lavishly dine on PR pieces from Stephen Kerr, or they could go against the grain and be blackballed. So when Craig Whyte arrived in Glasgow, having acquired the 84% holding of SDM, there was no due diligence by the so-called Scottish mainstream media. The media were hoping that the old back-scratching relationship would continue.

Media careers have been lost on less, but not for Mr Traynor who decided to join Stephen Kerr at Rangers. Mr Traynor received a lucrative salary and share options and then continued to influence others to write pro Rangers stories. Mr Traynor continues to earn from Rangers at Level 5. Informed speculation suggests that his fledgling company has earned circa £600,000 from their part in the underfunded coup d’etat. The phantom @exposingphil claimed that he had a relationship with the Level 5 protagonists and when I put it to him that this organisation would earn £1m from Rangers this year he responded that £1m was accurate, excluding the work preparing for and delivering the coup d’etat. Traynor/Kerr gave us the 3 Bears narrative to assuage our concerns that a convicted criminal was being given the reins at Ibrox. We were led to believe that the consortium of Taylor, Park & Letham were backing King and the implication was that even if King was a heavily indebted white collar criminal, three men of integrity had his back. I’m sure King considers it money well spent. Not his money of course. The invoices are to RIFC at Edmiston drive. The Rangers ST holders paid this bill and will continue to pay the Level 5 invoices.

So all this talk of justice leaves me cold. As Police Scotland continue their inquiries, it’s fairly obvious that Craig Whyte is going to be the fall guy. He is alleged to have falsified records, so I would be surprised if the prima facie evidence did not lead to a conviction for gaining a pecuniary advantage through deception. However, I fail to see the pecuniary advantage. He lost his home and is now personally liable for the £26.5m borrowed from Ticketus and their litigation costs. Is this the justice that Mr Jackson is referring to?

Chris McLaughlin wrote the following in 2012: “After HMRC rejected proposals for a creditors agreement that would have allowed the old club to continue, administrators Duff and Phelps negotiated a sale of assets to a consortium led by Mr Green for £5.5m. He has since formed a new club, now playing in the Scottish Football League Third Division.”

So where is the justice for Rangers fans? We were led a merry dance by the SMSM all the way to administration and beyond. Our club was carved up and sold as distressed assets. Our trademarks, crests and the Rangers brand were sold for a song. We were not allowed to acquire the Rangers SPL share and we find ourselves on a journey back to the top tier that has resulted in a minimum of four seasons in lower tier football and the absence of UEFA participation, We have also had to suffer the ignominy of being called a new club by the state broadcaster and our detractors

I don’t envisage any justice. Just a slap on the wrist for some corporate malfeasance which pales to insignificance when compared to the white collar crime of Dave King.

Jackson and Traynor have not been called to account. Until such time as they are, there will be no justice.

[greenginger]

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https://theclumpany.wordpress.com/

Nothing but conjecture so far, and we should be cautious about Keith "Off the Radar" Jackson, but things going nuclear at Ibrox would be interesting.

My only concern would be that if enough dirty dealings and connected party fiddles are uncovered , the whole onerous contracts Sevco setup could be undone and The Rangers FC emerge in a much stronger position financially.

[Sylar]

The administrator of 'OldCo', David Whitehouse is also under arrest apparently!

[CropleyWasGod]

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The administrator of 'OldCo', David Whitehouse is also under arrest apparently!

Pretty sure that he was arrested and charged some time ago,no?

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[Sylar]

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Pretty sure that he was arrested and charged some time ago,no?

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I just seen it as a 'breaking news' story on my Twitter feed earlier on. He's been detained by police today apparently?

[CropleyWasGod]

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I just seen it as a 'breaking news' story on my Twitter feed earlier on. He's been detained by police today apparently?

Just checked.

He, and the joint administrators, were arrested in November. Can't post the link.


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[greenginger]

The Daily Record bum-lickers getting it tight from the Guardianestas .


http://www.theguardian.com/media/gre...record-rangers

[Sylar]

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Just checked.

He, and the joint administrators, were arrested in November. Can't post the link.


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http://news.stv.tv/west-central/1327...olice-custody/

[CropleyWasGod]

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http://news.stv.tv/west-central/1327...olice-custody/

That makes twice then

http://m.accountancyage.com/aa/news/...ngers-takeover

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[NAE NOOKIE]

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The Daily Record bum-lickers getting it tight from the Guardianestas .


http://www.theguardian.com/media/gre...record-rangers

Preaching to the converted Mr Greenslade ........... we dinnae call it the 'Daily Ranger' for nuthin'

[AndyM_1875]

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I'm not sure it does though Andy. There are a bunch of reasons why the print media in Scotland have zero interest in actually pursuing the Sevco stories.

A diminishing audience for a 4 year old tale of woe being one reason and watching lawyers being another as stories in the print media get far greater scrutiny than blogs.
Any nutcase can pump out a blog with all sorts of accusations and innuendo filled with rubbish like "my sources tell me ...." or "I am led to believe that...." Credit to him, Phil's been flogging that dead horse for years and he still has folk not recognizing him for the absolute spoofer that he is.. I recognized within days what I was reading on the blogs about the Rangers meltdown was bitter nonsense fuelled by agendas regarding perceived wrongs from the ancient past. I also wouldn't trust the MSM as far as I could throw it. The likes of the Sun and the Record especially are shockingly poor.

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Take Big Chuck, a born liar, huge hands - the idea he wasn't in chaoots with Whyte & D&P seemed ludicrous at the time and does now; he bought the whole lot for £5.5m (by providing The Rangers with a loan!) then said it was worth £20m. Let's not forget there was circumstantial evidence that Green swindled Whyte using the Sevco 5088/Sevco Scotland switcheroo...

Big Chuck was an absolute barrow boy, a crook IMHO. So was Whyte. The pair of them had in common a brass neck, an endless supply of bull**** and a ton of front.

Within a year though will any of this matter? Rangers will be in the Premiership (much to the relief of the Peter Lawell) and the engines will be re-started on brand Old Firm as it's hawked around and hyped up by SkySports. Clubs like Hibs, Aberdeen & Hearts will be kicked to the side by the MSM/New & broadcast media as Celtic and Rangers pursue common goals. Expect joint sponsorships and absolute utter nonsense to spew from the tabloids(Old Firm : We have to go to England etc) probably from the moment Rangers secure a place in the top flight.

Sorry if my cynicism offends

[grunt]

Rebecca Gray ‏@RGrayHT8m8 minutes ago#Rangers administrator David Whitehouse arrested. He is due at Glasgow Sheriff Court tomorrow

[Deansy]

How long are the Hun to be allowed to continually shame and disgrace our game and country ?. Surely it's time for the authorities to admit that they ARE a 'Bad lot' that continue to attract the type that has no respect for the law and continually flout it ?. There's an criminal-nature that's endemic at 'Greyskull' and there's no sign of there being any will for it to stop given that the current CEO is a convicted-criminal - you can almost guarantee what's going on currently will be replicated with King in a year or so !!

[steakbake]

A circus. What does it all mean, though? F••• knows!

[s.a.m]

Mike Farrell ‏@mikefstv 14s15 seconds ago Police Scotland confirm Charles Green has been arrested in 'investigation into the alleged fraudulent acquisition of Rangers FC in 2012'

[s.a.m]

Mike Farrell ‏@mikefstv 2m2 minutes ago Also, in the last few minutes, Rangers oldco owner Craig Whyte has attended a police station for questioning in Glasgow.

[CropleyWasGod]

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A circus. What does it all mean, though? F••• knows!

We won't have much of a clue until we know the charges. As I read it, the Court hearings will be in private, which doesn't help much.

My hunch, though, is that this has been instigated by the liquidator.

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[Just Alf]

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We won't have much of a clue until we know the charges. As I read it, the Court hearings will be in private, which doesn't help much.

My hunch, though, is that this has been instigated by the liquidator.

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Could this have any impact at all on the tribute act do you think?

[Spike Mandela]

Ahhh, those were the days..........

http://www.dailyrecord.co.uk/sport/f...-green-1271087

[CropleyWasGod]

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Could this have any impact at all on the tribute act do you think?

Can't see that it would TBH.

The only way I can see that, is if the alleged fraudulent sale was reversed, which the liquidator is entitled to ask for.
However, we discussed this about the 300 pages ago....and Cav convinced me that the liquidator, on behalf of the creditors, would more likely sue D&P to recoup any losses.

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[Just Alf]

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Can't see that it would TBH.

The only way I can see that, is if the alleged fraudulent sale was reversed, which the liquidator is entitled to ask for.
However, we discussed this about the 300 pages ago....and Cav convinced me that the liquidator, on behalf of the creditors, would more likely sue D&P to recoup any losses.

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Yeah, sort of remember that now you mention it....... Just wishful thinking!