SFM Podcast #6: Dave King & Oldco


Valentinesclown 25th September 2015 at 7:29 pm …

Comment on SFM Podcast #6: Dave King & Oldco by Corrupt official.

valentinesclown 25th September 2015 at 7:29 pm

“So below decide if this is the DR crew or Ibrox directors board”
Looks more like a saturday afternoon in Govan next season. 😆

Corrupt official Also Commented

SFM Podcast #6: Dave King & Oldco
upthehoops 25th September 2015 at 3:59 pm

“Take the spirit of Rangers to the completely new club and kiss goodbye to the various fly-by-night’s and chancers forever.
I think there has never been a more pressing need for fans of TRFC to form a breakaway club more than now.
As it stands i believe they are looking at a 50/50 chance of total obliteration. Guilty or not guilty.!
I am not in a position to even consider putting a probability figure on the eventual verdict, that will only be decided by the courts, but my feeling is that any guilty verdicts will not mark the end of it…….merely the beginning of a new chapter.
This time the outcome of the chapter, will be decided by the courts, and real legal law….not the SFA.
I will also hazard a guess, that guilty verdicts may widen the scope of the current investigations,
Maybe a plea bargain will be entred into, and the charge of involvement in organised crime, will be reduced to the lesser charge of involvement in dis-organised crime. 😈

SFM Podcast #6: Dave King & Oldco
i have seen some claims that Chicco has been charged with launching a fraudulent IPO. I have no idea if this is the case, but it surely follows that it will be the case if any impropriety is proven re the asset sale.
Who would the shareholders approach for redress if this is the case?…Is it buyer beware?
What chance of getting a listing, if it transpires that one market has already been bumped?
Does the fat lady do requests?

SFM Podcast #6: Dave King & Oldco
CG does not own the assets bought in the liquidation sale, and to my knowledge, never has. The assets were purchased by Sevco Scotland, and again, to my knowledge, legal title is theirs.
They came into Sevco’s hands through the actions of their office bearer, CG, who then launched an I.P.O. on behalf of the company raising £22m, and the assets in question, formed a large part of the sales delivery.
The capital proceeds of the IPO, then became the capital asset of Sevco, to do with as their want.
Therefore Sevco received a double whammy through CG’s actions re the asset sale. The assets themselves, and the sums raised.
It’s difficult to say he was not acting for the benefit of the company.

Recent Comments by Corrupt official

Who Is Conning Whom?
    Would it have been less embarrassing for the Sevco statement to merely have iterated. “Sorry, but we’re skint!”

Who Is Conning Whom?
DBD….Don’t you want to discover who killed your club and how?. (Because the simple fact you dismiss, is that Yes!..It did die !) Don’t you want to know who assisted them, have them exposed, and removed from office, or prosecuted if warranted?. Don’t you want rules, and governance to prevent it happening again?
   No need for a glass door to see some folk coming.

Who Is Conning Whom?
   I hear Sevco will be sending out a strong message at the AGM


Enough is enough
   “The club” can never be defined by SFA membership…The club existed before the existence of the SFA. The SFA may very well have granted another club a membership, as a vacancy had arisen, but it was still granted to another club. 
   It could easily have been the wheeltappers and shunters, or Club biscuits, but in this case it was Sevco Scotland. 
   As everyone but bare-faced liars know, a few days later Sevco Scotland changed their name. D’Oh

Enough is enough
UPTHEHOOPSNOVEMBER 11, 2017 at 12:56 CLUSTER ONENOVEMBER 11, 2017 at 09:35 To me this is a statement saying….Feck we hope Murty can pull it off.this statement is just a delaying tactic
As things stand I don’t know why they don’t just give Murty the job. Perhaps if he wins the next two games that will give them the reason they need to do so.
   I imagine he is on the fitba equivalent of a zero hours contract at the moment. Real contracts cost money.  It would be a good time for Murty to negotiate his position….Before a season ticket salesman rears his head.

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