Comment on SFM – The Next Steps by GoosyGoosy.
Cluster One says:
Member: (166 comments)
May 30, 2015 at 5:27 pm
However, in 2012 they as an organisation made a statement that the club playing out of Ibrox is more important than any other. They failed due to fan power but there has never been any admission of wrong doing, let alone an apology. They attempted to cheat and make it official. How can people who did that be trusted by anyone?
They also sent out a letter.
In full: Document sent to SFL clubs to put Rangers into the First Division.
Complete financial meltdown.IF RANGERS TERMINATED OR SUSPENDED.
“Rangers Terminated or Suspended”
A well run SFA would have sought the support of all clubs to bury sectarianism in the ashes of RFC
That Regan did not even mention the issue says it all
They were not prepared to do anything when they had the chance
Cutting out this cancer is not on the SFA`s agenda and never will be
It will take government action to make any progress
GoosyGoosy Also Commented
SFM – The Next Steps
Have I got this right?
When a Co is liquidated
Both Ordinary and Preference shareholders get nothing if the Creditors aren`t paid in full
To be a Creditor you need to prove to the Liquidator that you were owed money on the date when the co went into liquidation
And to prove you were owed money you need to show that the co being liquidated had contracted to pay you for the goods or services or loan that you gave them
Murray Sports Ltd was the holding co for RFC plc just as RIFC plc is the holding co for the newco TRFC Ltd.
MSL had a rights issue in 2001. This presented Minty with a bill of £32.3m if he wanted to maintain his pro rata share holding of MSL
DCK stepped in and bought £20m of the diluted MSL shares all of which came from Minty`s £32.3m allocation of rights shares. So DCK became a major shareholder of MSL (and indirectly a major shareholder of RFC)
When Minty sold RFC for £1 in May 2011 it was conditional on a debt of £18m to Lloyds Bank being repaid immediately
The Sale Agreement makes no mention of any other debt being repaid by the Purchaser
So we have to assume that all debts owed by RFC up to the Sale Date would now become the responsibility of the new Owner
Any debts owed by RFC to Murray Sports Ltd would now become the responsibility of the new owner
If DCK is a Creditor of RFC then it is because MSL is a Creditor of RFC of and he owns a chunk of MSL
So far so good
So as the 2011 sale of RFC for £1 approached, DCK faced losing virtually all of his £20m investment in RFC Via his MSL shares
Murray Group Holdings are listed as being owed £279k
But MSL are not listed as a Creditor of RFC
Since RFC did not publish accounts in June 2011
What this all means is this
1. DK personally loaned money directly to RFC plc prior to the 2011 sale of RFC plc and the debt rolled over after the sale took place .If so DK must be able to prove to BDO that this loan existed despite there being no loan shown in the 2010 RFC accounts.
2. DK loaned money to RFC after the May 2011 sale and he has the agreement of the Purchaser that this loan actually took place
3. One thing is absolutely certain
DK is not a Creditor by virtue of indirectly holding shares in RFC via MSL.
Shareholders are not Creditors
Which raises the question
What is the most plausible option that would persuade BDO to put DK on to the Creditor List for a massive sum?
It’s Option1. above
Minty, DK and the Purchaser deliberately agreed that the sale should go ahead with a massive £20m millstone hanging round the neck of the Purchaser in addition to the £18m LBG debt and the potential HMRC liability
This sort of deal would only make sense if the intended end game was for DK to become the
biggest Creditor if RFC won the BTC bu t still went into liquidation
If its Option 2 above
It is saying that DK loaned the Purchaser £20m AFTER the sale of RFC for £1
Which is an incredible story to swallow as it implies that the Purchaser managed to get through an additional £20m before going into Administration in Feb 2012
SFM – The Next Steps
Member: (1397 comments)
June 16, 2015 at 1:56 pm
The Cat NR1 says:
Member: (467 comments)
June 16, 2015 at 1:27 pm
The headline screams
“Rangers shareholders back board over Sports Direct loan”
Remember this is the loan that had Llambias and Leach under investigation by the New Regime for crimes against the people – now officially endorsed by the shareholders – as advised by the board – what can be the explanation be for not wanting to regain control of Murray Park, Edmiston House, Albion Car Park, the trademarks, the restriction on borrowing against Ibrox and 26% of merchandise profits?
There is only one explanation. The simple fact is that Dave “first out the taxi, last to the bar” King does not want to spend his money on The Rangers. When will the fans begin to understand that
what we are really witnessing is a fight between two scorpions
Each trying to get the other to take the blame for a close season liquidation
One which will shed some of the onerous contracts and pave the way for the assets to be sold by an Ashley nominated Liquidator to an Ashley surrogate Buyer
SFM – The Next Steps
Stewart Robertson, who was previously on the board at Motherwell, has become managing director at Rangers.
The former chartered accountant will be in charge of the day-to-day running of the Scottish Championship club.
How does a chartered accountant become a former chartered accountant?
Is there some secret ritual only the BBC know about?
Recent Comments by GoosyGoosy
Launch of SFSA Fans’ Survey
JULY 28, 2017 at 11:42
I really think that the SFSA could – and should – grasp an opportunity like the SPFL statement to assume a moral leadership of fans of Scottish football. I’m not sure what it is they hope to provide in terms of moral authority if they are not fearless enough to address directly the biggest and still evolving scandal the game has seen. I am hoping that like Celtic, they are taking time to respond. The question is, how can they ignore it?
Its not all that difficult
.At their next Board meeting the current SFSA Board should vote on whether they are prepared to make upholding sporting integrity the prime goal of their Mission Statement. All other goals will be subservient to this aim. Key Performance Indicators should then be developed to measure whether the governing bodies are upholding integrity going forward. Regular reports should be emailed to members when, as we expect corruption continues to be manifest in mismanagement of current rules and the law of the land. However The SFSA should avoid public involvement on any topic until they have a fully functioning democratically elected Board comprised of Fan Directors.
The focus on integrity should automatically make resolving corruption the number one goal for the immediate term. It would enable an umbrella coalition to be established between the SFSA and other groups solely responsible for pursuing the Judicial Review route. The idea would be that the SFSA address an d measure progress on long term implications of removing the elephant while the rest of the coalition get on with shoving it out the window
Steps should be taken immediately to introduce democracy to SFSA using as a voter roll the names of all those for whom they have email addresses. Groups claiming to represent many unnamed members should be charged with adding them to the email voters roll by a target cut off date. The election of Fan Shadow Directors to overlap with the current Board should proceed on a democratic basis shortly after the cut off date. Whether this is by direct election or through some temporary representative body should be thought through and voted on by email.
The views of the Celtic Board are no longer relevant
They had the opportunity to stand up and be counted .Instead they cooperated by their silence in a disgraceful, unethical and shameless strategy. Their focus now should be removing Bro Walfrids Statue from Celtic Park before it falls over in shame
Launch of SFSA Fans’ Survey
AULDHEIDJULY 27, 2017 at 22:11
Goosey GooseyWhen there is 0% chance of opening the door, 20% is worth backing.
Like I said
I`ve yet to meet the person with 80% integrity
Or put another way
I don`t trust people who have proven untrustworthy on an integrity issue on even one occasion
Sometimes I have no choice but to put my fate in their hands
Some worked out. Some didn`t work out
But because I had no choice I went along with it unwillingly
That wasn`t trust. It was Hobsons choice
When I have the choice not to trust them because there are other options
I don`t trust them and go for an alternative
Having said that
Its a free country (apart from what we both agree on)
People may put their trust in SFAS using whatever criteria they deem most important
For me when dealing with corruption there is zero room for compromise.
Its an issue of integrity, right or wrong ,good or evil, black or white
I won`t trust SFAS
So as I said before
Launch of SFSA Fans’ Survey
AULDHEIDJULY 27, 2017 at 21:32 goosygoosyJuly 27, 2017 at 20:38 (Edit)
Read my post about capacity building. Have you anything better to suggest be done in their place? Are you going to do the work those volunteers do or are you happy just to snoop and snipe?
i have great respect for you and your track record in opposing corruption
I am too long in the tooth now to believe platitudes without checking the facts. I am happy to contribute to a crowd funding initiative seeking a JR of the corruption associated with the recent past
I`m not snowed either by face to face meetings with people who have proven they lack integrity.
Thats a virtue you either have or you don`t have
I`ve yet to meet the person with 80% integrity
So as far as SFAS are concerned
Launch of SFSA Fans’ Survey
Oh Dear as PMG might say
I fear I may have tripped over a can of worms in my previous post at 14.56
Thinking back to the sterling work done by the combined efforts of talented posters on the RTC Blog
I thought it might be fun to have a look at SFSA in a bit more detail
Current Office address 4 Woodside Pl, Glasgow G3 7QL
If you Google Earth this address and postcode there`s a man walking along the pavement who looks awfully like a member of the SPFL. Can`t be sure of course as faces are blurred with Google Earth but the odd way of walking seems familiar.
It was enough to pique my curiosity so I had a look elsewhere on the web
Lo and behold
Up comes the following
Official Launch early April 2015
“The SFSA, which says it has reached 40,000 pledges of support from Scottish fans’ groups at club level, will include a national advisory group.
It will contain experts on football and governance matters, including former First Minister Henry McLeish and Maureen McGonigle, founder of Scottish Women in Sport, and from academia and the business world.
They will work with a football advisory group that so far includes fans from Aberdeen, Ayr United, Celtic, Dumbarton, Hearts and Rangers”
Does 40,000 pledges of support from a Club Group mean every member of that Club has registered an email address with SFSA?
Or does it mean one person from each supporters group registered on behalf of their members with or without their consent? Does this explain why the SFSA had 40000 members before it was launched ?
“Whereabouts on the current website can you find the names of the fans on the Advisory Group from Aberdeen, Ayr United, Celtic, Dumbarton, Hearts and Rangers”
Why are members of the Advisory Group selected by the unelected CEO and Chairman of the SFSA Board and not elected by the members?
The Fans’ Manifesto
Fans want change
Scottish football needs and deserves a future. As a movement of some 50,000 fans (and growing) the Scottish Football Supporters Association (SFSA) believes that it really is possible to renew, reform and reclaim the game. But the engine of that transformation has to be those who love and follow the game. That is what this Fans’ Manifesto is all about.
In 2015 we asked football supporters across Scotland what they wanted to see for the future. We got an amazing 10,000 responses.
Among the mass of ideas and comments there were aspirations large and small. In this document we have distilled some of the biggest ones, and combined them with ideas that have now been in circulation – buttressed by a number of other surveys – for some time. This Manifesto contains nine key pointers towards the future of football game in Scotland. It is intended not as an end, but as the beginning of a renewed national conversation that needs to reach out well beyond the established boundaries if it is going to bring credible action
RENEW THE GAME
01 Bring back the fans through competitive pricing and family facilities at every club
02 Make football in Scotland media-friendly and innovative at every level
03 Re-market the Scottish game, pressing for financial fair shares and transparency REFORM THE GAME
04 Rebuild the game with larger divisions, more variety and improved competition
05 Equip every club to be a ‘community hub’ for wellbeing and entertainment
06 Re-invest in youth through fresh plans for training and education
RECLAIM THE GAME
07 A ‘diversity drive’: 25% fan representation on all governing bodies in five years, 50% women, a permanent place for the national fans’ body
08 Regular, independent auditing and review of the performance of governing bodies and clubs
09 Extend community and collaborative ownership, create a fans’ right to bid or buy when clubs are for sale, create a fans’ bank or fund
Did any of the 10000 fans who responded to the survey mention that there might be a problem with corruption at the SFA and SPFL?
Were they so few in number that their concerns were excluded from the Fans Manifesto?
Did any of the 10000 fans who responded to the survey mention sectarian singing, intimidation of officials, letter bomb training, assaults in the street as potential issues being ignored by the governing bodies?
Or in a nutshell
Did any of the 10000 fans who responded to the survey mention dissatisfaction at the manner in which the SFA and SPFL were handling the Rangers situation?
Or to summarise the above
Did the SFSA sanitise the 10000 responses of their own volition or did they do so at the request of a 3rd party?
There are stacks of angles to the above which could be addressed by many of the fine posters who inhabit this blog
Whats clear so far is that SFSA are not a democratic organisation despite being in existence for well over a year
Its also clear that despite their “plan” to eventually become democratic they are unfit in the immediate term to represent Fans concerned about the way the Rangers saga has been corruptly managed by the governing bodies
Indeed their own manifesto specifically ignores the biggest scandal in Scottish football in living memory
Launch of SFSA Fans’ Survey
This post might be unpopular
I`ll stand corrected if I`m wrong
If there is one thing suspicious in all of this corrupt saga it`s the convenient emergence on the public stage of the SFSA in the last fortnight
This self-appointed body with apparently no funds is stuffed with self-appointed politicians One of them at least has been found guilty of having dirty hands. It has created a community company appointed its own Board and defined its own remit before its public launch. It doesn`t once use the words morality or integrity or fairness or corruption to justify its existence. It doesn`t even mention a goal of being transparent to its members It has invited German football academics to tell their unelected Board what sort of questions Scottish fans should be asked about. It has went on to unilaterally approve a bland survey questionnaire that will consume a few months help dissipate the anger of some fans and tell us nothing we don`t know already.
The official SFSA top down remit will take years to completion. It smacks strongly of how the English Child Abuse Enquiry was set up years ago by politicians determined to protect politicians and their establishment allies. Its Terms of Reference were deliberately set so wide that many of the accused and their victims passed away before their case got considered. And that`s exactly what could happen here.
Or put more simply
It’s not an organisation claiming the simple raison d`etre of upholding sporting integrity
The survey document smacks of long term civil service thinking. It starts from the premise that things might actually be hunky dory, so let’s take the next few months to quantify the “general level of disquiet”. This top down approach is a recipe for time wasting and switching off the members. It is frankly smacks of the sort of approach you would expect from Soviet era Trade Unions. The festering sore that is the Rangers tax case doesn`t qualify for a mention. SFA and Police management of sectarian behaviour is ignored, Nothing is asked about how our corrupt governing bodies are paralysed about physical intimidation in football.how keeping the peace outranks morality. This is despite letter bomb training, street assaults and threats to torch a football ground. Most of all is the complete absence of an SFSA declaration of transparency.
Corrupt SPFL Statement
Its early days for the SFSA
So far they have not commented on the SFA and SPFL Statement. Does their Board have no opinion?
Is it because the leadership of the SFSA is well aware it is not a “Fan Elected Body”?
It has no mandate to speak for its members. So they are obliged to keep quiet.
However, having no mandate also means they should not respond to any appeals from our corrupt authorities to engage in private discussions
It is clear that the governing bodies wish to avoid discussing the corruption crisis in terms of sporting integrity. Their strategy is moving the goal posts from integrity to legal mumbo jumbo. Their aim is to confuse the peasants. Their premise is that limited knowledge of the judicial system will force the peasants into disgruntled forelock tugging compliance
Move along peasant
If its legal and immoral then its ok
If it’s against integrity but within the rules its ok
Sometimes rules have to be bent if we think it’s necessary
Trust Us. That`s what happens in business
They forget that we peasants have simple minds. We see issues in terms of good and evil, right and wrong. We expect integrity to be the backbone of organisations who claim to be trustworthy.
Whats more worrying
I would not be a bit surprised if the SFSA are the first to be invited by the corrupt SPFL and corrupt SFA to come and talk to them in private about their forthcoming “Independent” meaning corrupt Review. Indeed they might even end up as “Representing the Fans ” on this stitch up.
That would be outrageous
Unelected politicians one with dirty hands representing you on integrity issues with that lot
I don`t see the SFSA fulfilling the role of speaking for fans in the specific one off battle against the corruption witnessed over the past few years.
The current un-elected SFSA Board may attempt to act in this role by cooperating with the so called SPFL Independent Review or try to subvert the timetable of the Judicial Review that is currently gathering momentum
If this happens
it will be a sign that they see themselves as budding members of the establishment. People who are in cahoots with the corruption we are trying to root out.
And as for representing fans to the governing bodies on any other issues.
The acid test will be whether they replace the SFSA Board with elected fan representatives BEFORE they have their first formal meeting with the SG or football governing bodies.