Generic Sevco / Rangers meltdown thread

[Alan62]

Another twist as the Motherwell-born billionaire heads for the Court of Session ... http://www.heraldscotland.com/news/1...creditors_pot/

[steakbake]

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That article headline might as well read:
WARBURTON ISSUES "COME AND GET ME" PLEA TO ALL ENGLISH FOOTBALL CLUBS

I look forward to the WCM jumping into action to secure his dream move and bullying TRFC into agreeing to release him early from his contract...

[Scorrie]

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Warburton's sevco story, for downsouth consumption,


http://www.dailymail.co.uk/sport/foo...brox-boss.html


" Financial irregularities saw Rangers demoted to the 4th tier of Scottish Football "

Aye well it is the Daily Mail though. I wouldn't trust them to get the date right at the top of the page

[Treadstone]

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Warburton's sevco story, for downsouth consumption,


http://www.dailymail.co.uk/sport/foo...brox-boss.html


" Financial irregularities saw Rangers demoted to the 4th tier of Scottish Football "

300,000 fans at the UEFA final now.

[CropleyWasGod]

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Another twist as the Motherwell-born billionaire heads for the Court of Session ... http://www.heraldscotland.com/news/1...creditors_pot/

I'm with BDO and D&P on this one.

Security only exists when there is a debt. Unless I'm missing something, there is no debt here, either to CW or any of his web of associates.

[greenginger]

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300,000 fans at the UEFA final now.

Yep , and and more damage to Manchester City Centre than the IRA bombs !

[greenginger]

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I'm with BDO and D&P on this one.

Security only exists when there is a debt. Unless I'm missing something, there is no debt here, either to CW or any of his web of associates.

The first security and floating charge The rangers F C Group ( Wavetower ) was on 24th March 2012, a few weeks after rangers F C Oldco was put in administration.

https://beta.companieshouse.gov.uk/c...filing-history

I do remember something about Liberty Capital putting up cash at the outset, the Ticketus cash was just used to pay off the Bank overdraft.

But £ 20 million, I don't think so.

[CropleyWasGod]

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The first security and floating charge The rangers F C Group ( Wavetower ) was on 24th March 2012, a few weeks after rangers F C Oldco was put in administration.

https://beta.companieshouse.gov.uk/c...filing-history

I do remember something about Liberty Capital putting up cash at the outset, the Ticketus cash was just used to pay off the Bank overdraft.

But £ 20 million, I don't think so.

For that reason alone, it would be refused.

Looking at the signature, it looks like Craig Whyte or Gary Withey, neither of whom would have any authority at that point.

[NAE NOOKIE]

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Warburton's sevco story, for downsouth consumption,


http://www.dailymail.co.uk/sport/foo...brox-boss.html


" Financial irregularities saw Rangers demoted to the 4th tier of Scottish Football "

Or to be accurate. Sevco were admitted to the 4th tier of Scottish football .... there was no Rangers to be demoted.

[Alan62]

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For that reason alone, it would be refused.

Looking at the signature, it looks like Craig Whyte or Gary Withey, neither of whom would have any authority at that point.

It's fascinating that they keep trying though - presumably at huge expense in terms of legal fees.

[jacomo]

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That article headline might as well read:
WARBURTON ISSUES "COME AND GET ME" PLEA TO ALL ENGLISH FOOTBALL CLUBS

'I've tapped up the local market', admitted Warburton during his lengthy photo shoot.

Certainly tapped up a player contracted to Hibs. How did that turn out?

[greenginger]

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For that reason alone, it would be refused.

Looking at the signature, it looks like Craig Whyte or Gary Withey, neither of whom would have any authority at that point.

Yeah, Oldco FC were put into administration but the Rangers F C Group have never been in administration. Could there be anything in the take over documents pledging assets of the Oldco to their new owners , the Holding company ?

These guys are past masters at asset stripping , I think they will have a rabbit to pull out of the hat. I also see in the Standard security forms , that English Law shall be used in any disputes.

[CropleyWasGod]

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Yeah, Oldco FC were put into administration but the Rangers F C Group have never been in administration. Could there be anything in the take over documents pledging assets of the Oldco to their new owners , the Holding company ?

These guys are past masters at asset stripping , I think they will have a rabbit to pull out of the hat. I also see in the Standard security forms , that English Law shall be used in any disputes.

Hmmm, I'm still unconvinced.

I also note the name of one Richard Spurway in all of this. Years ago, I had dealings with a Henry Spurway, and I'm wondering if they are related.

[greenginger]

Thinking back, Whyte and his associates thought they were getting the Club back through Sevco 5088 until Mr Green employed the switch to Sevco Scotland.

This security claim might be a last desperate gambit rather than a planned course of action.


Henry Spurway, of Easibet Bookmakers ?

The other Spurway is a Richard James Spurway born 1954

[CropleyWasGod]

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Thinking back, Whyte and his associates thought they were getting the Club back through Sevco 5088 until Mr Green employed the switch to Sevco Scotland.

This security claim might be a last desperate gambit rather than a planned course of action.


Henry Spurway, of Easibet Bookmakers ?

The other Spurway is a Richard James Spurway born 1954

The very same. Pal of John Gibson, and a wannabe impresario.

[steakbake]

Steve Clarke now 1/10 favourite to take over at Fulham. Reading vacancy coming up... respectfully, they'll definitely want either a proven City Trader or to capture the signature of a world class manager...

[Moulin Yarns]

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Steve Clarke now 1/10 favourite to take over at Fulham. Reading vacancy coming up... respectfully, they'll definitely want either a proven City Trader or to capture the signature of a world class manager...

Considering I read this about 6:30 this morning, I'm not surprised.

http://www.bbc.co.uk/sport/0/football/34866335

[steakbake]

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Considering I read this about 6:30 this morning, I'm not surprised.

http://www.bbc.co.uk/sport/0/football/34866335

That internet - it moves so fast... like that time Scott Brown was about to be the latest signing at Rangers.

Anyway, there's a vacancy coming up at Reading. Had a look at their forum and Warburton's not on the radar of most of their fans. You could say, he's off the radar - which is the Rangers Way, of course.

Someone suggested him and the more or less collective response was "who?"... A real impact.

Stubbs is 20/1 for Reading - wonder if that's enough to make him "tipped to take over" for the Record's journalists ahead of any games we have coming up?

[greenginger]

http://www.oddschecker.com/football/...r-manager-odds

Warby still getting a mention in the QPR betting.

But Reading, now that's not too far from the city Trader's home base of Potters Bar.

[steakbake]

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http://www.oddschecker.com/football/...r-manager-odds

Warby still getting a mention in the QPR betting.

But Reading, now that's not too far from the city Trader's home base of Potters Bar.

A dream move to the biscuitmen.

[greenginger]

Where's Caversham Green these days ? he was a Reading attender.

Get the demand for warby moving.

[GreenLake]

Sources will suggest that Waghorn and Tavernier will be traveling down with him.

[steakbake]

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Sources will suggest that Waghorn and Tavernier will be traveling down with him.

A dream move...

[Ozyhibby]

http://www.philmacgiollabhain.ie/personal-not-business/


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[Caversham Green]

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Where's Caversham Green these days ? he was a Reading attender.

Get the demand for warby moving.

No chance - Brentford got decent results but they played a nasty version of football. Not something I want to watch every week. I'm hearing he is in the frame though, along with Pearson and Sherwood.

I have an inkling (based on nothing whatsoever) about Martin Keown - his boy's on the books and I believe he has some other connections at the club.

[jacomo]

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http://www.philmacgiollabhain.ie/personal-not-business/


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Frankly unreadable tosh, with a full house for buzzword bingo.

[Ozyhibby]

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Frankly unreadable tosh, with a full house for buzzword bingo.

I did manage to read it but you are correct, it has nothing to say.


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[Treadstone]

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Frankly unreadable tosh, with a full house for buzzword bingo.

So you never clicked the donate button at the bottom?

[southsider]

Perhaps so, but it made me lol. The more bad things that happen to Sevco the better. Anyone got any idea when Green v Newco may be decided ? Judge taking it under consideration I believe but what is the usual timescale on the things ?

[Ozyhibby]

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Perhaps so, but it made me lol. The more bad things that happen to Sevco the better. Anyone got any idea when Green v Newco may be decided ? Judge taking it under consideration I believe but what is the usual timescale on the things ?

The journo's at the trial thought around two weeks but they were not that sure. Given its not exactly the Chilcott enquiry I would expect something in the next week or so.


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