Generic Sevco / Rangers meltdown thread

[CropleyWasGod]

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So how come they are talking about strengthening thier squad in January Transfer Window Where are they getting the money for this ?




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They don't need money to talk.

They do need to talk, however, to promote sales of half ST's.

[greenginger]

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AFAIK, there's no such thing as a "Cease & Desist Interdict". An interdict can only be granted by a Court, and would be in the public domain.

There is a "Cease & Desist Letter". It is possible that this could have been issued. Anyone can issue such a letter.

Not for the first time, JJ's inability to get basic stuff right calls into question whether he has the substance correct.

http://simply-docs.co.uk/Intellectua...rdCBoCRBTw_wcB


Cease and desist letters seem to be used as a warning for infringements of copyright and intellectual property. Probable first step if SD are flexing their muscles.

[Ozyhibby]

.

[CropleyWasGod]

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http://simply-docs.co.uk/Intellectua...rdCBoCRBTw_wcB


Cease and desist letters seem to be used as a warning for infringements of copyright and intellectual property. Probable first step if SD are flexing their muscles.

I've asked him if that's what he means.

Not sure I expect a reply. He doesn't seem to like my questions.

[greenginger]

I'm sure there was a couple of comments on that blog a short time ago. Now they are all deleted.

He must have pressed delete all button .

[poolman]

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For the older people amongst us ...

1001 cleans a big big carpet for less than half a crown!

2/6d 😁

[steakbake]

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You are right. The MSM would have reported it if it was true.

Honestly, I think the complete opposite. No chance. Jackson kind of broke ranks this week in asking about the investment and when it'll happen. Then the statement...

The main commentators in the media are either just as blinkered as your average Rangers fan, who think all is barry with the Warburton revolution - there's an increasing number though who are starting to hear the warning bells. Or they're too limited to imagine a world where lightning could strike twice on the club/company operating/playing at Ibrox. Or they have their own editorial agenda or personal game they need to play.

Chick Young was absolutely certain Rangers will be in the SPL next year. I hope he's as right about that as he was about Scotty Brown's name being "whispered in the corridors of power at Ibrox"

The last place I think we would hear about a ****storm at newco from, is in the Scottish media.

[HoboHarry]

How ferkin foolish is Craig Flannigan going to feel if the Huns go belly up? 😳

[HoboHarry]

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Sadly not; the guy is spouting utter nonsense.

Can you explain what parts are nonsense and why please? I have no clue about the merits, or lack of them, in his blog but I am curious as to why they are "nonsense" ......

[Ozyhibby]

Did we ever replace him? Can't remember seeing anything.


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[Brunswickbill]

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You are right. The MSM would have reported it if it was true.

In the main the SMSM don't to investigative journalism. They simply report yesterday's news that you can access on the web the day before.
They also regurgitate what is fed to them, like the Daily Sevco eulogies in the Herald.

While I'm on here can someone answer a query? Given that Sevco shares are not listed, would it be possible for someone to come along now and buy shares from willing sellers to take over the club?

[Ozyhibby]

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In the main the SMSM don't to investigative journalism. They simply report yesterday's news that you can access on the web the day before.
They also regurgitate what is fed to them, like the Daily Sevco eulogies in the Herald.

While I'm on here can someone answer a query? Given that Sevco shares are not listed, would it be possible for someone to come along now and buy shares from willing sellers to take over the club?

I think so. It's just a bit trickier. I think that's their best hope of avoiding an insolvency event. It would need to be Ashley buying out everyone else as he is the only one with the cash.


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[greenginger]

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I think so. It's just a bit trickier. I think that's their best hope of avoiding an insolvency event. It would need to be Ashley buying out everyone else as he is the only one with the cash.


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Yeah, but Ashley already owns a football club and was told by the SFA he was not allowed to buy a bigger stake in Sevco.

I think the SFA fined him £ 10,000 or something.

[greenginger]

http://lmmx.co.uk/companies/profile/...ball-club-plc/


Rangers shares can be traded on this site bringing together willing sellers with willing buyers.

Not been any business since August when 750,000 or so were bought. Hopefully that was Rangers First and Rangers Trust emptying their coffers and reducing any funds that might be used to pay the running costs at Sevco.

[Ozyhibby]

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Yeah, but Ashley already owns a football club and was told by the SFA he was not allowed to buy a bigger stake in Sevco.

I think the SFA fined him £ 10,000 or something.

The SFA would change the offside rule if they thought it would help new Rangers.


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[Ozyhibby]

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http://lmmx.co.uk/companies/profile/...ball-club-plc/


Rangers shares can be traded on this site bringing together willing sellers with willing buyers.

Not been any business since August when 750,000 or so were bought. Hopefully that was Rangers First and Rangers Trust emptying their coffers and reducing any funds that might be used to pay the running costs at Sevco.

I think Rangers First is only allowed to buy shares.


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[greenginger]

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I think Rangers First is only allowed to buy shares.


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At the moment , but I think I read somewhere that there is a proposal to change their constitution and by January they will be allowed to make loans to the football club which will be converted into shares at a later date.

[CropleyWasGod]

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Did we ever replace him? Can't remember seeing anything.


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Whae?

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[Billy Whizz]

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Whae?

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Our strength and fitness coach, Craig Flannagan who recently joined Rangers

[Ronniekirk]

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At the moment , but I think I read somewhere that there is a proposal to change their constitution and by January they will be allowed to make loans to the football club which will be converted into shares at a later date.

Yes that looks like the route they are going to have to go down and if that goes through they are working tirelessly behind the scenes to get supporters clubs on board
I am no expert on this but from fans I have spoken to that have seen them through to this stage they will get behind whatever it takes to get them through the season so unless there is some other game changing event to pull the rug out from under them ,they will do what it takes to get promoted and income streams will increase .

How they deal with Mike Ashley and what he wants in the medium to longer term I have no idea but at some point this has to sorted out but King seems content to leave that for now as he clearly isn't going to dip into his own pocket to do that

Unless we can secure first place I don't see them being derailed from this


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[CropleyWasGod]

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Our strength and fitness coach, Craig Flannagan who recently joined Rangers

Cheers.

So many names, so many cowboys...

[Hibrandenburg]

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https://johnjamessite.wordpress.com/...se-and-desist/


If this is true , will Hibs have to lend them a set of strips on Sunday ?

No way, last time we lent out strips to a team from Glesca we never got them back. In fact they're still wearing them.

[Jim44]

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Yes that looks like the route they are going to have to go down and if that goes through they are working tirelessly behind the scenes to get supporters clubs on board
I am no expert on this but from fans I have spoken to that have seen them through to this stage they will get behind whatever it takes to get them through the season so unless there is some other game changing event to pull the rug out from under them ,they will do what it takes to get promoted and income streams will increase .

How they deal with Mike Ashley and what he wants in the medium to longer term I have no idea but at some point this has to sorted out but King seems content to leave that for now as he clearly isn't going to dip into his own pocket to do that

Unless we can secure first place I don't see them being derailed from this


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This is the bottom line. The progress and dominance of the team and the near certainty that they will get promotion won't be squandered. Money will come from somewhere to see them back in the Scottish Premiership. As for King and cronies, Green and Whyte and Mike Ashley, their circus will continue to entertain.

[Onceinawhile]

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No way, last time we lent out strips to a team from Glesca we never got them back. In fact they're still wearing them.

Hahaha.

[JimBHibees]

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No way, last time we lent out strips to a team from Glesca we never got them back. In fact they're still wearing them.

Also didnt return the players that were inside the strips also.

[Ozyhibby]

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This is the bottom line. The progress and dominance of the team and the near certainty that they will get promotion won't be squandered. Money will come from somewhere to see them back in the Scottish Premiership. As for King and cronies, Green and Whyte and Mike Ashley, their circus will continue to entertain.

It never came last time?
It's a lot of money they need and it will take some time for those fans groups to get permission to use the cash they have (not enough anyway) for working capital.
All the will in the world won't trump arithmetic. They need someone to give them free cash that won't be returned and will offer nothing as security. And there is a good chance that all of it will go to Charles Green's lawyers or Mike Ashley.
They could go to the fans but they would then have to admit the trouble they were in and outline a credible plan to get out of it. And the fans won't be keen if they think it's going to Ashley or Green.
This could all end today if someone comes forward with the cash.


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[brog]

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In the main the SMSM don't to investigative journalism. They simply report yesterday's news that you can access on the web the day before.
They also regurgitate what is fed to them, like the Daily Sevco eulogies in the Herald.

While I'm on here can someone answer a query? Given that Sevco shares are not listed, would it be possible for someone to come along now and buy shares from willing sellers to take over the club?

Em, I'm pretty sure PatHead was being gently ironic with his comments about the MSM. As we know most Scottish reporters would struggle to find their own erchie in a darkened room never mind actually investigate Sevco!

[grunt]

Amusing little exchange on Twitter. Greenslade in the Guardian reported on the Daily Record here
http://www.theguardian.com/media/gre...record-rangers

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Daily Record football writers were stenographers for spin-doctors

---

Here's the Daily Record on Craig Whyte in November 2010:

"Financial whizzkid Craig Whyte stands on the brink of pulling off the biggest deal of his life...
Record Sport understands self-made billionaire Whyte has entered into the final stages of negotiations to buy control of the club he loves from Sir David Murray...
A deal worth around £30million is now believed to have reached such an advanced stage that sources say Whyte, a high-roller who splits his time between a home in London and the idyllic Castle Grant in Grantown-on-Spey, could even have the keys to Ibrox in time to fund a major refurbishment of Walter Smith's top-team squad in January...
By the age of 26, Whyte was already Scotland's youngest self-made millionaire. Now, 13 years on, and in charge of a vast business empire, his wealth is off the radar."

Here's the Daily Record on Craig Whyte in October 2012:

"A private investigation commissioned for Rangers showed Craig Whyte had a record of tax avoidance, failed companies and double dealings – before he was sold Sir David Murray's majority shareholding...
The report, prepared by private investigators Titon, described Monaco-based Whyte as a 'fuyant' – French slang for an evader or manipulator.
It warned there was no evidence to back claims circulated by Whyte's spin doctors that he was a billionaire with plenty of cash to finance Rangers.
In fact, it said, there was no evidence he was even a multi-millionaire. The report talks of "the questionable source and extent of his reported wealth".

And here's the Daily Record on Craig Whyte in August 2014:

"The taxman was chasing Craig Whyte for £3.7million before he took over Rangers. HMRC focused on Whyte's personal finances and made several failed attempts to get him to pay his dues before, during and after his catastrophic reign at Ibrox...
Documents seen by the Record show:
* The authorities instructed debt enforcers to chase Whyte with a bill for almost £4million and threaten him with bankruptcy in May 2011, the same month that he bought Rangers...
* Yet when he struck the notorious deal with Ticketus for funds to finance his Rangers takeover, he gave the firm a personal guarantee he was worth nearly £33million...
At the same time he was able to run up a further £15million in unpaid taxes and penalties during his nine months in charge of Rangers.
Whyte had bought Rangers for £1 from Sir David Murray in May 2011, while agreeing to wipe out the club's £18million debts...
A sizeable proportion of Rangers fans still hold Murray at least partly responsible for the club's demise, arguing he should not have sold to Whyte, whose reputation had already been questioned."

Perhaps the fans should be holding the Record to blame as well. When the paper was reporting on Whyte's hyped wealth it failed to mention the fact that serious questions were being asked in the blogosphere about the veracity of his claims.
How could the Record know that Whyte was a billionaire with "a vast business empire" and wealth "off the radar"? And when it did know otherwise, why did it take so long to inform Rangers' fans? And why no apology to its readers?
Note that 2012 reference to spin-doctors, as if it was all their fault rather than that of the paper's journalists for accepting what they were told without checking.
The age-old problem of sports reporting was the willingness of journalists to act like "fans with typewriters" (or, nowadays, fans with laptops).
The reporting of the Rangers' saga over the past five years has been a classic example of reporters being no more than stenographers for PRs offering them stories they didn't care to verify.

Asked for his comment, Keith Jackson replied

it's a disgusting piece written by a man with a highly dubious agenda.

[Ozyhibby]

Only idiots buy the Daily Record. It's a Rangers fanzine.


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[Lucius Apuleius]

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Only idiots buy the Daily Record. It's a Rangers fanzine.


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Not disagreeing but every hun I know think it is a celtc paper