Generic Sevco / Rangers meltdown thread

[Baldy Foghorn]

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Look away for half a day & miss 8 pages!
Any kind soul care to summarise in a tweet length précis?

King - "Nothing to see here, move along......Try stripping our titles and we will take action"....... Wind and gusto

[leggeto]

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Reading today that they are prepared to sell players at the break if the price is right. They can only be referring to Waghorn and Tavernier, they are the only ones they would get money for, that would be a BONUS!!

Are both of them no on loan

[CropleyWasGod]

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Are both of them no on loan

No. They're bought.

Dunno if they're paid for, mind :)

[Ozyhibby]

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Look away for half a day & miss 8 pages!
Any kind soul care to summarise in a tweet length précis?

Nah, nothing much happening, just shooting the breeze.


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[Gmack7]

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Reading today that they are prepared to sell players at the break if the price is right. They can only be referring to Waghorn and Tavernier, they are the only ones they would get money for, that would be a BONUS!!

The sale of future engerland keeper will surely solve all there financial woes

[ano hibby]

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King - "Nothing to see here, move along......Try stripping our titles and we will take action"....... Wind and gusto

Ta. Not unpredictable then.

[BIGK]

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That statement from King must be one of those "restrained and tempered" responses that the ibroxnoise website was banging on about due to the usual Rangers dignity!

It was quite clever actually, whipping the knuckle draggers up. Bet he sells 1000 half season tickets off the back of it, Kitchener would be very proud, your club needs you to repel the foaming hoards bull.

[Ozyhibby]

Herald running with same angle as the Record. Clearly a concerted campaign. Thank goodness for the Internet.

@jamesdoleman: Almost seems like a different case to the one I was at

:)

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[Jack Hackett]

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No. They're bought.

Dunno if they're paid for, mind :)

Just like their history...on the cheap

[Ozyhibby]

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[Ozyhibby]

Here's James Doleman's report on today.
http://bellacaledonia.org.uk/2015/11...ith-the-truth/



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[GreenLake]

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He should have taken over Crystal Palace for all the stones he likes to throw from glass houses.

[CropleyWasGod]

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Here's James Doleman's report on today.
http://bellacaledonia.org.uk/2015/11...ith-the-truth/



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Doesn't he have that first bit wrong?

He talks about the alleged fraud during the IPO. That took place while he was in post, not before.

I think he's getting mixed up with the alleged fraud of the assets sale.

I wasn't aware that the IPO was dodgy as well. Did I miss that?

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[MKHIBEE]

I bet Lord Doherty is quaking in his boots at the thought of a lying King taking him to task if he decides for Chucky regarding club/company status.
And I have a feeling Mike Ashley will be pleased at present events.

[Brunswickbill]

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Celtic would be claiming the titles for 2nd place too I rekon

They would reclaim the "9 in a row" franchise. Rangers doing the same really p***ed them off.

[Ozyhibby]

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They would reclaim the "9 in a row" franchise. Rangers doing the same really p***ed them off.

It won't change old Rangers 9 in a row


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[Ozyhibby]

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Doesn't he have that first bit wrong?

He talks about the alleged fraud during the IPO. That took place while he was in post, not before.

I think he's getting mixed up with the alleged fraud of the assets sale.

I wasn't aware that the IPO was dodgy as well. Did I miss that?

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Not exactly sure but are not charges over both?



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[jacomo]

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Again looking at the French FA website they are still listed as champions in 1988/89 - 1991/92 so not sure if they did

Will Rangers get relegated then?

Can we overtake them in the League first please?

[Ozyhibby]

Rangers defence today was that they are only liable for Charlie's actions from when he bought the assets mid June 2012.
Charlie claims it is from when he started working for Sevco.


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[jacomo]

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Reading today that they are prepared to sell players at the break if the price is right. They can only be referring to Waghorn and Tavernier, they are the only ones they would get money for, that would be a BONUS!!

It's alright. Warburton did his due diligence before accepting the job.

[Just Alf]

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Love the way they are all quoting Lord Nimmo Smith without having paid the fine.
The Sevco way.


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This bit you mean?

"In common speech a Club is treated as a recognisable entity which is capable of being owned and operated, and which continues in existence despite its transfer to another owner and operator. In legal terms, it appears to us to be no different from any other undertaking which is capable of being carried on, bought and sold.”

Don't know why, but they always seem to miss this bit?


“This is not to say that a Club has legal personality, separate from and additional to the legal personality of its owner and operator. We are satisfied that it does not, and Mr McKenzie did not seek to argue otherwise. So a Club cannot, lacking legal personality, enter into a contract by itself.”

[wookie70]

Certain players may not have signed for the club without the perceived benefit of personal tax savings, but there was no general advantage for the player squad, or the performance on the pitch"

That sounds so contradictory to me. We got players who we might not have got, our first choices in fact, because of the Tax evasion but there was no sporting advantage in us getting these preferred players. Why not just get the cheaper players and pay taxes in the first place.

[greenginger]

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Rangers defence today was that they are only liable for Charlie's actions from when he bought the assets mid June 2012.
Charlie claims it is from when he started working for Sevco.


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Green's legal cover clause is near the end of this article.


http://www.dailyrecord.co.uk/sport/f...d-deal-6510560


" ........any proceedings as a result of his having been chief executive of Rangers Football Club or the company. "

not 100% clear if this would cover actions before the " company " was formed. ( Sevco Scotland formed 29/5/2012 )

[Ozyhibby]

http://www.onfieldsofgreen.com/a-ver...ball-part-one/

Excellent Story so far from James Forrest

[ano hibby]

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http://www.onfieldsofgreen.com/a-ver...ball-part-one/

Excellent Story so far from James Forrest

Agreed. That's quite a long but very good read.

[Scorrie]

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http://www.onfieldsofgreen.com/a-ver...ball-part-one/

Excellent Story so far from James Forrest

A really good account. It would make some film script but nobody would believe it....

[CallumLaidlaw]

http://www.scotzine.com/2015/11/for-...d-of-old-tosh/

[CropleyWasGod]

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http://www.onfieldsofgreen.com/a-ver...ball-part-one/

Excellent Story so far from James Forrest

Not so sure about his version of how HMRC became aware of the EBT issue. Other than that, thus far seems pretty decent.

[Scorrie]

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http://www.scotzine.com/2015/11/for-...d-of-old-tosh/

So Jim Traynor wrote The Rangers / King press release yesterday. I thought he'd moved on from Ibrox. If not then he certainly sounds rattled going by yesterday's statement and also suffering from selective / inaccurate memory.

[s.a.m]

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Not so sure about his version of how HMRC became aware of EBT issue. Other than that, thus far seems pretty decent.

Seems to be a useful, well-written chronological account of the whole shenanigans. If only someone could write up a glossary of the key initials and issues*, those of us whose cog-wheels creak at times like these, as we try to separate our BTCs from our WTCs and our LNSs would be greatly helped.


* and sticky it!