Podcast Episode 1

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Neepheid says: February 17, 2014 at 8:59 am GeronimosCadillac says: February 17, 2014 …

Comment on Podcast Episode 1 by GeronimosCadillac.

neepheid says:
February 17, 2014 at 8:59 am

GeronimosCadillac says:
February 17, 2014 at 1:50 am

I don’t think that is what happened. see my post above. Sevco 5088 were the legal beneficiaries of the 5 way agreement but Sevco Scotland ended up with all those benefits.

Legally a Big problem for Duff & Phelps and the SFA/SPL and its succesor
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I think you are confusing the agreement with Duff & Phelps to buy the assets of RFC, and the 5 way agreement, which was for the transfer of the RFC membership of the SFA to Sevco Scotland.

At the time of the sale agreement with D&P, Sevco Scotland didn’t exist, and the agreement was definitely between D&P and Sevco 5088. By the time the transfer of assets actually took place under the agreement, Sevco Scotland had been formed, and in effect received the benefit of the agreement, we are told by a deed of novation, which D&P must have a copy of.

The parties to the 5 way agreement were the SFA, SPL, SFL, D&P as administrators of RFC, and Sevco Scotland. That agreement had nothing to do with the assets, which Sevco Scotland already had by then.
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You’re probably right.

I was thinking that all of the paperwork to sell the assets and transfer the membership under the 5 way agreement would have originally been drawn up in Sevco 5088’s name as the planning and discussion with the SFA etc would have been taking place at the same time as the proposed sale and therefore the benefit of the 5 way agreement was also novated or the agreement was altered to give Sevco Scotland the membership.

GeronimosCadillac Also Commented

Podcast Episode 1
The £1.5M is just enough to get TRFC to the end of April and to win League 1 and then Admin will follow.

The SPFL/SFA don’t want another mid- season crash. It is their worst nightmare.


Podcast Episode 1
Esteban says:
February 23, 2014 at 8:42 pm
Bobby Clark was a great goalie and lang may his lum reek. His erstwhile record included league games in which Aberdeen played several diddy teams and, as has been pointed out, he had no Scottish Cup games to negotiate.

In addition, Aberdeen played no league cup games that autumn, having been soundly gubbed by Hibs in the section games, including a 4-0 at Easter Road. Hibs had a great team then, too, of course. Plus, there were no European distractions because Aberdeen had already made history by being the first team to go out on penalties after parallel 3-1 results against Honved. I don’t think Bobby saved any of the Honved penalties.
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Bobby Clarks record is better than Fraz Fosters and I can say this with confidence because Aberdeen are a Diddy team.


Podcast Episode 1
Castofthousands says:
February 23, 2014 at 12:15 pm

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I think there is something in the human instinct that delights in putting one over on some trusting soul.
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It’s not in the human instinct but people behave in that way because of the economic conditions they live under. In many societies and in common everyday interaction we don’t seek to cheat each other.


Recent Comments by GeronimosCadillac

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ParanoidWellFan says:
February 15, 2014 at 1:19 am

GeronimosCadillac says:
February 15, 2014 at 12:51 am
2 1 Rate This

jockybhoy says:
February 15, 2014 at 12:43 am

Sorry to disagree with you Ryan but when Celtic beat Barca all the coverage was of The Great Wall (forster). Seems the Catalan press can give credit where it is due…

The tone of the press coverage is.obvious to me:
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Two Clubs wrecked Scottish Football with their money grabbing tendencies and anti competition ethos – only one of them is still in existence – they are getting less competitive by the match.
The 11-1 is proof that they were mutually dependent. Oh and I used to work at Celtic Park and know that Peter Lawwell and Martin Bain met every month to compare strategies and ensure their mutual interests were being looked after
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The 11-1 was an OF imperative but when it came up recently for voting it was endorsed by the clubs (sans Rangers) with Aberdeen being the culprits.and so the 11-1 stands thanks to Aberdeen. Correct me if i am wrong.

As for you working at Celtic Park and watching the two at work. I doubt you are high enough up the pay grade to be anywhere near a meeting like that.


The Blind Men and the Elephant, a cautionary tale
justshatered says:

February 7, 2014 at 9:07 pm

Phil Mac’s piece spoke about Wallace steering the club/company towards a quick administration to rid them of contracts, that were signed by companies in good faith, that ‘The Rangers’ think are inhibiting their growth.
So less than TWO years after promising the earth to these companies to get them in on the first place they plan, if Phil is correct, to stiff people again.

Can some one of a legal mind advise would these contracts be nulled by Administration?
I thought it would only be liquidation that could do that.
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Campbellsmoney is your man for this sort of stuff but I’m thinking pre pack which is what they mean by controlled administration.


The Blind Men and the Elephant, a cautionary tale
parttimearab says:
February 7, 2014 at 9:51 pm
Various news outlets now picking up on the board statement( BT Sport, Eurosport and presumably others).

Presumably all over the SMSM tomorrow.

In other words anyone who was unaware that there were “numerous allegations about the business affairs of Rangers Football Club.” circulating in cyberspace will sure be aware of them tomorrow.
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Credit to Phil on getting it out there but as he continually says to the MSM : ” is there any one of youse out there brave enough to run with the story”.

I think we already know the answer and until press ownership, issues of professionalism and press freedom are tackled it will be more of the same.


The Blind Men and the Elephant, a cautionary tale
GoosyGoosy says:
February 7, 2014 at 9:27 pm

Aberdeen Fans could do their Club and Scottish Football a big favour by applauding Neil Lennon at tomorrows game
All genuine fans will understand the significance
The MSM wont report it
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They should also be made to sing “there’s only one Neil Lennon”. Let’s not get carried away – it is a Scottish Cup game carrying the right to meet Rangers in the Final. It needs to remain competitive.


The Blind Men and the Elephant, a cautionary tale
arabest1 says:
February 7, 2014 at 8:39 pm

Slimshady, I do understand the frustration of Celtic fans over the Nevin thing, it is reasonable to assume the BBC we’re got at by the Ibrox PR machine and Nevin may have been naive, but let’s be fair. Nevin has said he could no longer take his kids to Celtic Park because of elements of the support were engaging in sing-songs that were unsavoury, to say the least. Is it inconceivable that Pat heard those unsavoury ditties on his approach to the stadium? That Nevin heard those songs coming from Celtic fans on cup final day in Glasgow is a copper bottomed certainty, (I know I have countless times) so when asked about it he gave an unequivocal condemnation, to withdraw the condemnation or start back peddling would have left hi open to ridicule from all sides. I get the point about songs erroneously labelled ‘sectarian’, and no doubt JI muddied the water there to assist his agenda, but the song list in and around the stadium may have contained more than TFOA!

Dare I suggest the Celtic fans are engaging in a bit of whataboutery here? Perhaps we should all move on from this and the vendetta should be called off!
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I will be upfront. I have a wee soft spot for Pat after watching him destroy Motherwell in a Scottish Cup game when he played for Clyde and also because he went to the same higher educational establishment as me (I recall he was on one of the Diddy courses).

The day after the game I was greetin’ intae ma dinner in the canteen (or Refectory as some might prefer) telling my Celtic pal Big Jim how Pat had played a blinder. Big Jim pointed across the room and said ” there he is over there”. On the way out I stopped at his table and said to him ” you played a blinder last night wee man” and he said “aye thanks”.

I think he was “duped” by a mentality in Scotland that is hell bent on finding a compensating error if one of the Old Firm or their support do anything right or wrong. It’s a form of whataboutery but the media cannot talk or write about one without bringing the other into it. For me it is a mindset I’ve always rejected. Pat probably does too and as Arabest says Pat is one of the good guys in the noble quest to rid our country of sectarianism – whichever side it comes from because it makes for a bitter place to live in.


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