The Immortality Project

Avatar ByHumble Pie

The Immortality Project

The Immortality Project – or – Death and Denial – Guest Post by Humble Pie

Death has a tendency to put everything else into perspective.

My family recently suffered a bereavement. It wasn’t a sudden death but it was still far too quick and far too soon for any of us to get our heads around. As our loved one’s illness progressed, each of us, in our own way, began to prepare for the inevitable. In the end, whilst it was not unexpected, it was nevertheless very traumatic, for everyone concerned.

Grief is a strange and often debilitating set of emotions. Even now, a few months on, when the intense sadness and tears have given way (mostly) to disbelief, we still find it hard to fully comprehend what has happened. We might never completely ‘come to terms’ with that fact, however, we do accept that it DID happen, much as we all wish that it hadn’t.

Many of you will be familiar with the Kubler-Ross model of the five stages of grief; Denial, Anger, Bargaining, Depression and Acceptance. Well, I am aware of having experienced each of these stages over the last year, as well as a couple of others which I wasn’t prepared for (a lot of personal reflection, a little guilt and a not insignificant amount of pain).

It seems to me that the Rangers supporters have been purposefully ensnared in an interminable cycle of the first two stages of KR; alternating between the denial of the death of Rangers and anger at what they feel has been done to their beloved club then back again to denial. This, as any first year psychology student will tell you, is a very unhealthy state of mind which, if not addressed, can quickly lead to physiological and behavioural problems.

At its lowest level, for example, people throughout the ages have continued to set places at the dinner table for their long-dead loved ones. They know in their hearts that the person has died but are comforted by the familiarity of doing the same things that they have always done. However, in extreme cases people have even kept and maintained the actual cadavers of the deceased, dressed them, talked to them and watched TV with them, in a state of absolute denial.

In archaeology, accepting and recognising the inevitability of death through conducting ceremonial burial services is considered to be one of the very first signs of a civilised people. You see, grief is a uniquely human and cathartic process i.e. it can produce ‘a feeling of being cleansed emotionally, spiritually, or psychologically as a result of an intense emotional experience’.

In short, grief is ultimately a good thing which leads you through a series of natural psychological steps towards acknowledgement of an unalterable situation, allowing you to take stock, re-evaluate and start to move on with your own life in a positive way.

That is what should have happened with the fans of the old Rangers.

Instead, this ‘never-ending cycle of the undead’ was positively encouraged by those many unscrupulous individuals who saw a way of making a fast buck from maintaining the ‘Then, Now and Forever’ illusion. Worse still, this resurrection fantasy is being facilitated by the very people whom we have entrusted to stop this kind of thing from happening in the first place. If only the SFA or the MSM had told them the truth, they might have had a chance to actually face up to the situation.

Unfortunately, these two bodies were so complicit in Rangers demise, so right up to their necks in the brown smelly stuff, that they were too afraid to face the inevitable anger which would have rightly come their way. So, they made up grim fairy tales to feed to the bereaved souls about non-existent ‘holding companies’, the ethereal ‘club’ which transcends death and by suggesting that it is ‘all a matter of opinion’.

Ernest Becker, in his 1973 Pulitzer Prize winning book ‘The Denial of Death’, posits that “human civilization is no more than an elaborate, symbolic defence mechanism against the knowledge of our own mortality”. This fear of death acts as an emotional and intellectual response to our basic survival instincts.

‘By embarking on what Becker refers to as an ‘immortality project’, in which a person creates or becomes part of something which they feel will last forever, the person feels they too have become part of something eternal; something that will never die, compared to their physical body that will die one day’. When this ‘immortality project’ is threatened it leads inevitably to fear, depression, loss of identity and sense of purpose.

In that case, the initial reaction of the fans to the imminent demise of Rangers was entirely predictable and understandable. “No way, this can’t happen to us, we are the people”. However, as soon as the full realisation of their club’s inexorable slide into liquidation began to sink in, came the expected anger. But towards whom should their righteous wrath be directed?

“Who did this to us, who are these people?” they cried. “Not I”, said Sir Murray of the Mint, “for I was duped”, “Nor I”, said President Ogilvie, “for it was never my role”. “Nor I”, said Mr Smith, “for I never knew nothing or nothing”. “Not us”, squealed the media monkeys in unison, “for that’s what we were told”, “Nor us”, said the SPL “it was nothing to do with us”.

“Who then?, we demand to know who these people are”, howled the horrified hordes. “T’was the Whyte knight”, they all concurred, “he alone caused this calamity”. “And the bampots”, sneered the slimy slug. “And the taxman”, puffed the pundits. “And the unseen hand of Mr Lawwell”, whispered the bilious bears from the safety of their den.

There were even those who tried to warn them, not least Hugh Adam, Phil Mac and RTC but they didn’t want to know. Even when their very own Messrs Green and Traynor spelt out, in no uncertain terms, that liquidation meant the death of their club, still they chose wilful ignorance. The MSM, with access to the same information, encouraged them to keep their heads firmly ensconced, ostrich stylee, on the banks of that ironically blue and white river in Egypt. Which just goes to show ‘you can lead a lamb to knowledge but you can’t make it think’

The point though is that the Rangers fans have heard the truth and once you have heard something you cannot unhear it. Even if you reject it, even if you deny it, it gnaws away at the back of your mind, infecting your subconscious.

Almost a year ago, I posted the following on TSFM. http://theinternetbampot.wordpress.com/2012/09/ in which I postulated that the SFA were too frightened to say anything which might imply that The Rangers were a new club.

Looking back at that post, I am amazed at how little the landscape has changed.

A year on and it has become apparent that the corporate cancer that destroyed Rangers has continued to metastasize in its new host. Charlotte’s revelations may have shown us that the rabbit hole goes much deeper than we first suspected. However, in my humble opinion, the information provided has only succeeded in ‘poisoning the well’ and deflecting attention from the main culprits in this disaster. Layer upon layer of complexity has been added to an already opaque story and the majority of her utterances appear designed to engage the more enquiring minds on this forum and consume their excess mental energy.

I know that some people are bored with this ‘debate’ but, to my mind, the single most important step for the redemption of Scottish football is the fan’s acceptance that The Rangers, who currently ply their trade in the SPFL First Division, are a new club. Once they have accepted that then everything else that they perceive has happened to them will begin to make sense. They will see that rather than everyone having a fly kick at them when they were down, most were actually trying to help them. It will also dawn on them that the very people who have been telling them that there is an anti-Rangers conspiracy against them are actually the same ones who are screwing them over.

Rangers were not relegated to div 3, The Rangers applied as a new club and were granted entry into the bottom tier of Scottish football. They are not banned from European competition, merely ineligible as a new club without the requisite financial ‘history’. Any reference to ‘rulings’ from ECA, ASA, the BBC Trust and any internal or so-called ‘independent’ enquiries are completely irrelevant, as none of these bodies are the final arbiter in this case. Scots Law is clear that there is no distinction between club and company after incorporation, when the company dies the club dies with it. That is not a matter of opinion, it is a matter of fact.

Sooner or later The Rangers fans are going to realise this fact and when they do, there will be hell to pay. Until they do, their new club can never become truly cleansed. Only then can they move on and only then can they join together with fans of other clubs to root out the real cancer at the heart of Scottish football.  That’s why the MSM and the SFA are still petrified to say anything. In the meantime the real creators of this disaster are sneakily positioning themselves further and further away from the scene of the crime.

I am sure the majority of us would happily accept a new Rangers, cleansed of its financial, emotional and supremacist baggage. A club that all decent Rangers fans could support without feeling any guilt about Rangers downfall or that they were being taken for mugs. The prospect of a new dawn in Scottish football, where sporting integrity took primacy and clubs lived within their means was very real. However, as usual the SFA couldn’t miss an opportunity to miss an opportunity.

The truth is that Scottish football is in the state it is in, not because Rangers died but because those with the power and mandate to effect the prognosis sat back and did nothing. I am sure that they believe that ‘time heals all wounds’ and that the longer this injustice is allowed to stand the more likely it will be accepted by the man in the street. No doubt the authorities feel it is in the national interest to ‘let sleeping dogs lie’. However I cannot accept this. I believe that it is vital that we are able to face up to reality so we can move on for the benefit of all football supporters.

Scottish football is at a crossroads right now, I think we all feel it. Rampant corruption has become so mainstream that many of our fellow supporters have began to accept this as the norm. However, it just doesn’t sit right with me and I suspect that many regular contributors and readers of this blog feel likewise.

We have quite lost our way and we live in a society which spends vast amounts of money paying people like Jack Irvine to ensure that we stay lost. The mainstream media treat us like little imbeciles and demand that we conform to their assumed ‘professional superiority’. The PR machine plays up to our stereotypes and feeds our fantasies while the poorest people pay to swallow their poisonous propaganda and relentless trivia.

So what can we do ? Clearly, battering out a few blog posts and strongly worded letters to the various authorities involved has been rewarded by the square root of FA.

How can we make this an opportunity for growth rather than contributing to the destruction of Scottish football ? It is not good enough to tear down a system unless we have a better system to replace it. However, I believe that it is not the system itself which is broken. It is that those charged with administering the system are hopelessly corrupted, hugely conflicted and unable to apply their rules without fear or favour.

By their incapacity and inaction (wilful or otherwise) the SFA have facilitated a motley crew of various spivs, chancers and con-artists to glean the last few meagre pickings from the bones of the emaciated loyal supporters of this new club purporting to be the once mighty Rangers. They have permitted these ne’er-do-wells to collectively appropriate many tens of millions of pounds from the Rangers fans, the creditors and the public purse. They have already allowed this corporate malignancy to spread to a new host, ‘The Rangers’, and the absence of ‘moral hazard’ makes it more likely that the disease will continue to spread.

Benjamin Franklin once said, “‘Nothing can be said to be certain, except death and taxes.”

Someone else once said, “The wages of sin are death, but by the time taxes are taken out, it’s just sort of a tired feeling.”

I sense that we are all beginning to get tired of this. It is time to stand together, all football fans, face the facts and direct our anger against the officers of the SFA who have allowed this sham to develop into a catastrophe.

I have no doubt that my humble opinions expressed here will raise the ire of many deluded souls. However, I am comfortable in the knowledge that the only people who get mad at you for speaking the truth are those that are living a lie.

RIP Big Man.

 

About the author

Avatar

Humble Pie subscriber

3,959 Comments so far

Avatar

ecobhoyPosted on7:07 pm - Sep 13, 2013


fergusslayedtheblues says:
September 13, 2013 at 5:25 pm

Ecobhoy
Interesting one regarding the members subscription scheme ,lets face it there are plenty of members taking their seats every second week at Ibrokes already 😯
All I can say to them is keep a bit back for a very good law firm to go over any sales doc from Sevco otherwise they might find the assets they were expecting went to someone else .
On an entirely different subject ,anyone heard from CW recently . 🙄 🙄
============================================================
As to CW I am sure people will have heard from him although I doubt it would be openly confirmed.

As to the subscription thing – it sounds fine in theory but as you say it all depends what you are buying but more more problematic IMO would be who would re responsible for repairs and upkeep and if it was TRFCL or its successor then how do you make them spend the cash?

And in a sale and lease-back situation I can’t see the spivs wanting to tie-up the property if it encumbers the asset in any way. So I think any subscription scheme is beset with pitfalls for the ordinary Bear.

View Comment

Avatar

Tif FinnPosted on7:15 pm - Sep 13, 2013


ecobhoy says:
September 13, 2013 at 4:46 pm

==================================

It would not be unheard of for HMRC to pick a case to run with, one they are confident of winning and to go with that. Taking advice from top accountants and lawyers obviously. In criminal cases they and the Police are keen to pick a “stick on” particularly when new legislation comes in. Why would you make your test case one which you think is going to be difficult to prove.

It just so happens that for EBTs Rangers are unlucky in that the nature of the relationship between the player and the club (and his agent) is likely to produce some sort of contractual obligation, whether verbal or in writing. They are unlikely to accept a contact based on a nod and a wink, like say the financial director or ceo would.

If the Police happened to come across such evidence and passed that over to HMRC then they really would be keen on a, raising the assessments and b, going all the way with the appeals. In fact they were probably hoping for the appeals and were pretty much guaranteed them with the amounts involved and Rangers’ financial position.

View Comment

Avatar

Danish PastryPosted on7:18 pm - Sep 13, 2013


Allyjambo says:
September 13, 2013 at 5:26 pm
14 0 Rate This

Danish Pastry says:
September 12, 2013 at 8:51 pm
This just popped up as a retweet on my twitter. Insult to injury?
———-
RangersMedia News
@RangersMedia
Fifty six journalists murdered in Russia since 1992. One Scottish football reporter heckled in the street #bitofperspectivepleasejim
__________________________________

As so often, what they write, in an attempt to reduce the seriousness of their actions ….
———-

Exactly, we’re expected to think they’re fine fellows because they haven’t actually murdered anyone. How sick are these people?

View Comment

Avatar

broganrogantrevinoandhoganPosted on7:23 pm - Sep 13, 2013


newtz says:
September 13, 2013 at 2:29 pm

Newtz,

Since you made this post, have you had a chance to consider the effect of the annual return which has now been lodged?

Interested to hear your views.

View Comment

Avatar

Tif FinnPosted on7:42 pm - Sep 13, 2013


A thought occurs.

I believe the last figures (released by the PLC I think) consolidated the new club and it’s holding company into one set of numbers.

Will they be able to do this again, or will it be obvious from the holding companies accounts if the new club is a substantial debtor.

View Comment

Avatar

fergusslayedthebluesPosted on7:45 pm - Sep 13, 2013


Ecobhoy
I too was wondering about the repair expense .
Do you think if the gullible could raise a substantial amount of cash to buy the white elephant the spivs would go for it and run
If so how much do you think would be acceptable
I always maintained that the fans would always be the one’s to pay for Minty’s folly and that has been the case so far .
do you think the fans purchase is a wee scheme dreamed up by the real ragers men ready to step in and play their part in the grand (master) plan

View Comment

Avatar

ecobhoyPosted on7:48 pm - Sep 13, 2013


Rangers opposition group claim boardroom compromise was blocked

http://news.stv.tv/west-central/239373-rangers-opposition-group-claim-boardroom-compromise-was-blocked/

Quite informative story on the latest boardroom moves at Ibrox and takes of the Rangers Nomad blocking a deal – all very strange.

View Comment

Avatar

Not The Huddle MalcontentPosted on7:56 pm - Sep 13, 2013


Darren Cole and Fran Sandaza (although I believe sandaza has been compensated) have an excellent argument to appeal their treatment at the hands of Sevco

discuss.

View Comment

Avatar

newtzPosted on8:07 pm - Sep 13, 2013


broganrogantrevinoandhogan says: September 13, 2013 at 7:23 pm

You got me all excited ….
Only its a change of Accounting Reference Date ….
Shortened to end on 30/6/2013 ….. from 30/11/13
hmm …

View Comment

Avatar

john clarkePosted on8:20 pm - Sep 13, 2013


ecobhoy says:
September 13, 2013 at 7:48 pm
“……Quite informative story on the latest boardroom moves at Ibrox and takes of the Rangers Nomad blocking a deal – all very strange.” (link to http://news.stv.tv/west-central/239373-rangers-opposition-group-claim-boardroom-compromise-was-blocked/
——
Well, one of the responsibilities of a NOMAD is
‘…To advise the company on any changes that it may wish to make to its board of directors. This would include ensuring that proposed new directors are suitable for the company and are fit to be a director of a public company. The Nomad may, for example, check some of the information supplied on a director’s CV.’
Perhaps one or other of the proposed directors has been found not to be fit?

View Comment

Avatar

Tif FinnPosted on8:29 pm - Sep 13, 2013


john clarke says:
September 13, 2013 at 8:20 pm

Maybe the one who was a director of the old club when it was sold for £1 to a total crook, after having been part of the board whilst the previous crook ran it into the ground and stole millions of pounds.

View Comment

Avatar

fergusslayedthebluesPosted on8:30 pm - Sep 13, 2013


ecobhoy
my take on the whole debacle is this and it’s just MY opinion .
Quite a few years back DM knew the way the wind was blowing regards his businesses and RFC in particular ,so he got up for many a dance but always went home alone ,plenty of RFC suitors danced with him but none were willing to commit to a taxi home because DM was in a relationship with a certain Hector .
Certain dance partners told David that they would be happy to commit but only if Hector was off the scene .
Enter CW a willing strumpet happy to draw Hectors attention away from David .CW had a credit line with Ticketus to dress himself up and doll himself up to the nines .
The trouble was that the ticketus credit card was maxed immediately though CW thought he could keep up the payments as he was handed a potential £10m pay check from the peepil in the 6th floor and no one would find out .
Then he sat in dismay as his £10m pay check disappeared in 4 games .
At that moment the gig was up and CW had to come clean and he did .
The customers that he was relying on to pay his credit card and the peepil in the 6th floor were told in no uncertain terms that they were in the brown stuff .
So after thinking Hector was out the picture ,suddenly Hector was not only back he was going to be asking for more money .
The fans were dismayed the peepil on the 6th floor were sh****ting a brick but that paled into insignificance compared to the credit company ,they were in for £18m with a real threat of getting nothing back .
Whilst duff n duffer were touting the dead horse round all possible suitors Ticketus were reported to be in talks with all possible buyers ,all it seems bar one ,the one who finally bought it .
Strange I thought ,though when you think how many STs CW would have sold once the gullible found out about his deal with Ticketus ,not so strange after all .
IMO Ticketus were not willing to ” do walking away” so sought another way of getting their cash back .
When they have what they deem is sufficient recompense and only then ,the original dance floor flowers will make their commitment as not only were they unwilling to commit till Hector was out the picture ,they were unwilling till Ticketus was out of the picture also .

View Comment

Avatar

ecobhoyPosted on8:38 pm - Sep 13, 2013


fergusslayedtheblues says:
September 13, 2013 at 7:45 pm

Ecobhoy
I too was wondering about the repair expense . Do you think if the gullible could raise a substantial amount of cash to buy the white elephant the spivs would go for it and run. If so how much do you think would be acceptable.

I always maintained that the fans would always be the one’s to pay for Minty’s folly and that has been the case so far. Do you think the fans purchase is a wee scheme dreamed up by the real ragers men ready to step in and play their part in the grand (master) plan.
===========================================================
Who knows – I’m not really a speculating kind of guy unless I have some solid facts to work with. But I’m not sure that the fans will be able to raise that much dosh in any case. They raised £5 million for the IPO although the expectation was for double that.

Since then I think there’s a lot of war-weariness and I believe there will be a reluctance to part with a lot of cash until they see if things will settle down. And there’s no Walter this time. I think you could be in the £2-3 million region at a guess. But I reckon it all depends whether the spivs have the bottle to sell the place to Tesco or the like and run away.

They will have an exit strategy but we don’t know what it is but there are lots of options. I think we will see a PR sweetener from both sides pulled out the hat like a rabbit to try and get the agm votes. But the bottom line – if the spivs intend staying – is how much do they need to cover running costs this season and next; how do they raise it; and are they capable of cutting costs to the bone from the top down?

And they really do need some kind of substantial cash injection to get to the end of this season – a lot depends on just how much leeway the accountants are prepared to allow in the accounts. That really is the next big hurdle.

Some accountants can produce healthy figures out of thin air but Deloitte are well aware how these accounts will be scrutinised and if Rangers go down within 12 months through running out of cash then it would rebound on them so I think they will be ultra-careful and need to be totally satisfied with what they are told and presented with.

View Comment

Avatar

ecobhoyPosted on8:47 pm - Sep 13, 2013


john clarke says:
September 13, 2013 at 8:20 pm
ecobhoy says:
September 13, 2013 at 7:48 pm

“……Quite informative story on the latest boardroom moves at Ibrox and takes of the Rangers Nomad blocking a deal – all very strange.” (link to http://news.stv.tv/west-central/239373-rangers-opposition-group-claim-boardroom-compromise-was-blocked/
——
Well, one of the responsibilities of a NOMAD is
‘…To advise the company on any changes that it may wish to make to its board of directors. This would include ensuring that proposed new directors are suitable for the company and are fit to be a director of a public company. The Nomad may, for example, check some of the information supplied on a director’s CV.’ Perhaps one or other of the proposed directors has been found not to be fit?
================================================================
Tbh if one of the McColl camp was found not to be fit I think we would already have read about it in the papers. It appears that the other Easdale’s cv has passed muster of course and I assume he will be going on the board as an addition.

Being a cynic I think the Nomad is being used as an excuse. It would appear he has made his decsion without having any contact with the McColl camp. The candidates from there certainly have much more experience than some of those left on the Rangers Board if we are into comparing CVs IMO.

View Comment

Avatar

policeandthievesPosted on8:49 pm - Sep 13, 2013


Tweet from Stan Collymore (re-tweeted by Phil)
“Apparently i can’t go to a Glasgow derby game according to some. Current logistical issues.Haha.”

Be interesting to see how the hoards deal with this little poke from Mr. Collymore, given his position within Talksport, which until now, has been an unquestioning supporter and platform for Sevco.

View Comment

Avatar

PhilMacGiollaBhainPosted on8:49 pm - Sep 13, 2013


@ecobhoy
“Who knows – I’m not really a speculating kind of guy unless I have some solid facts to work with. But I’m not sure that the fans will be able to raise that much dosh in any case. They raised £5 million for the IPO although the expectation was for double that.”
Did they?
£5 million?
You have had eyes on the documentation?
#Chapeau

View Comment

Avatar

PhilMacGiollaBhainPosted on8:51 pm - Sep 13, 2013


@ecobhoy
Then my TWO sources must be wrong and independently wrong of each other.
I’ll need to have a word with BOTH of them.

View Comment

Avatar

Not The Huddle MalcontentPosted on8:52 pm - Sep 13, 2013


sevconians will never unite to save their club…their supporters groups leaders are all in it for themselves – just like the spivs

today, various prominent sevconian ringleaders were invited to a meeting with McColl and P Murray – this was the extent of the information handed out to the proles

“Jim McColl and Paul Murray invited various fans groups to meet with them, to discuss the ongoing situation with our Club.

This meeting took place today, and Jim McColl confirmed that he and the requisitionists have not walked away, and that they remain committed to board room change.

Mr McColl said: “If the board think this has gone away, they are delusional. The issue has merely moved to the AGM. The requisitionists still want change, and have not wavered from this final objective”

The fans groups remain committed to liaising with Mr McColl and shareholders in the run up to the AGM.”

To be fair – even the FF orcs are sick of the behaviour of Dingwall etc treating them like mushrooms – but so long as they have leaders like that, they will NEVER save their club

Oh, and with saviours like McColl and Murray – they are fecked anyway.

View Comment

Avatar

broganrogantrevinoandhoganPosted on8:54 pm - Sep 13, 2013


Newtz

They lodged the annual return for Sevco Scotland this morning.

All shares owned by RIFC — even though it was formed after Sevco Scotland.

View Comment

Avatar

ecobhoyPosted on8:59 pm - Sep 13, 2013


fergusslayedtheblues says:
September 13, 2013 at 8:30 pm
===================================================
I am happy to concede this could have been a well-planned scheme from Day 1. However it may well just have been a spiv seeing an opportunity and seizing it and they are where they are after a series of unexpected clusterf*cks.

It must be remembered that most the main players in this since February 2012 onwards weren’t Scots and I don’t think the spivs realised just how different an environment they were operating in and few understood the reality of what drives the majority of West of Scotland football fans and also the attitude of most other fans to the Glasgow teams. Only Green had any football experience and he didn’t do very well the last time either according to all the books.

View Comment

Avatar

Carfins FinestPosted on9:00 pm - Sep 13, 2013


http://rangers.co.uk/news/headlines/item/5078-craig-mather-statement

View Comment

scapaflow

scapaflowPosted on9:11 pm - Sep 13, 2013


Carfins Finest says:
September 13, 2013 at 9:00 pm

I believe this was Mr Mather’s original statement before Mr Irvine got at it…

View Comment

Avatar

PhilMacGiollaBhainPosted on9:15 pm - Sep 13, 2013


@ecobhoy
“I am happy to concede this could have been a well-planned scheme from Day 1. However it may well just have been a spiv seeing an opportunity and seizing it and they are where they are after a series of unexpected clusterf*cks.”
Nailed it-they have been making policy on the hoof since they tussled with Turnbull Hutton. 😉

View Comment

StevieBC

StevieBCPosted on9:19 pm - Sep 13, 2013


Carfins Finest says:
September 13, 2013 at 9:00 pm

http://rangers.co.uk/news/headlines/item/5078-craig-mather-statement
===============================
Jeezo, yet another rambling, pointless statement from the CEO and 1,336 words long this time !

He should have said nothing at all, or simply: “Wait for the AGM.”

View Comment

Avatar

ecobhoyPosted on9:28 pm - Sep 13, 2013


PhilMacGiollaBhain says:
September 13, 2013 at 8:51 pm

@ecobhoy
Then my TWO sources must be wrong and independently wrong of each other. I’ll need to have a word with BOTH of them.
———————————————————————————————–
I hadn’t previously realised that you were contesting both the ‘offer’ and ‘placed’ amounts raised by the IPO and thought you were previously only referring to the placement by the institutional investors. I now assume you are saying that the ‘Offer’ raised less than the approx £5 million which has been reported.

All documentation I have seen refers to the figure I have used including the LSE AIM notifications. So if lies have been told then heads will roll once we get a whistleblower to pass on the figures to the SFO. If a number of people are aware of the scam there is little chance of a whistleblower exposing themself. And since its 9 months at least since they would have become aware of the scam their tracks should be well-covered.

I realise you have posted a lot on the figure supposedly raised not being correct. I have no sources which are in a position to confirm whether it is correct or not. To be honest I am not sure, at this juncture, how important it is to the current financial position and future prospects of Rangers.

That’s not to say it won’t become important if evidence is supplied to the police or discovered by them that shows the IPO was rigged in some way. But that I suppose will be down to the SFO and I don’t even know if they have any current interest in Rangers.

View Comment

ianagain

ianagainPosted on9:30 pm - Sep 13, 2013


StevieBC says:

September 13, 2013 at 9:19 pm

0

0

Rate This

Quantcast

Carfins Finest says:
September 13, 2013 at 9:00 pm

http://rangers.co.uk/news/headlines/item/5078-craig-mather-statement
===============================
Jeezo, yet another rambling, pointless statement from the CEO and 1,336 words long this time !

He should have said nothing at all, or simply: “Wait for the AGM.”
=====================================================

Chicolodion parroting.

Rangers – Dissapointed- Media-Enemies-Put up- shut up.

Jack Really don’t you have any new material.

Not worth the fee.

Sack em.

View Comment

Avatar

ecobhoyPosted on9:31 pm - Sep 13, 2013


PhilMacGiollaBhain says:
September 13, 2013 at 9:15 pm

@ecobhoy
“I am happy to concede this could have been a well-planned scheme from Day 1. However it may well just have been a spiv seeing an opportunity and seizing it and they are where they are after a series of unexpected clusterf*cks.”
Nailed it-they have been making policy on the hoof since they tussled with Turnbull Hutton. 😉
=========================================================

Glad we agree on something 😆

View Comment

Avatar

johnnymancPosted on9:33 pm - Sep 13, 2013


Carfins Finest says:
September 13, 2013 at 9:00 pm
http://rangers.co.uk/news/headlines/item/5078-craig-mather-statement
————————————————————————————————————————————–
Let me paraphrase for those fed up with the guff from TRFC – “we’ve fobbed off the serious players (McColl & Blin) with the help of our City Insiders, and ridiculed Paul Murray, so can you please give us peace to strip every last bit of value from TRFC. Don’t worry about seeing an Annual Return, it’ll be all over by then. Trust me I’ve got Rangersitis………………………..it’s happening again 🙂

View Comment

Esteban

EstebanPosted on9:33 pm - Sep 13, 2013


Danish Pastry says:
September 13, 2013 at 7:18 pm
17 0 Rate This

Allyjambo says:
September 13, 2013 at 5:26 pm
14 0 Rate This

Danish Pastry says:
September 12, 2013 at 8:51 pm
This just popped up as a retweet on my twitter. Insult to injury?
———-
RangersMedia News
@RangersMedia
Fifty six journalists murdered in Russia since 1992. One Scottish football reporter heckled in the street #bitofperspectivepleasejim
__________________________________

As so often, what they write, in an attempt to reduce the seriousness of their actions ….
———-

Exactly, we’re expected to think they’re fine fellows because they haven’t actually murdered anyone. How sick are these people?

——-

Yes, but lest we forget, Neil Lennon, Paul McBride, Trish Godman, Paddy McCourt and Niall McGinn were all on the receiving end of packages ‘designed to cause real harm’, in the case of the first three, and parcels containing bullets in the case of Lenny and the two players.

None is a journalist, but the implication that the deady bears knew (and know) where to draw the line is at odds with the painful realities of spring 2011.

View Comment

Avatar

fergusslayedthebluesPosted on9:37 pm - Sep 13, 2013


Eco /Phil
I cede to those of a better insight ,but my take on it is
1.That CW was sourced and did not stumble upon it
2. I was set up to crash but not as quick
3. All was ok till Sally showed how bad a manager he was.
4. and since then Ticketus have been trying to get their cash back ,Hector was always going to sing for his .
5. The only other hurdle was the Scottish football fans telling their board that they had to go .
Phil I still can’t believe no one has asked why anyone would hand any Scottish football club £18m up front ,especially one that had a potential £60m tax bill hanging over it’s head .
What is your take on this .
All that has happened since is B*****cks and wind

View Comment

Avatar

john clarkePosted on9:37 pm - Sep 13, 2013


StevieBC says:
September 13, 2013 at 9:19 pm
‘.yet another rambling, pointless statement from the CEO and 1,336 words long this time !

He should have said nothing at all, or simply: “Wait for the AGM.”
—-
I agree.
The man has done nothing except convince people that as far as snake-oil salesmen go, he’s not even in the second division.
How could he have thought that such a poorly constructed ‘statement’ like that would restore any credibility to the Board?
Any one of literally scores of posters on this blog could have written a two paragraph statement that would have had the hordes massing in his support.
Mather seems not to know the right buttons to press!

View Comment

Avatar

jimlarkinPosted on9:40 pm - Sep 13, 2013


Esteban says:
September 13, 2013 at 9:33 pm
0 1 Rate This

Danish Pastry says:
September 13, 2013 at 7:18 pm
17 0 Rate This

Allyjambo says:
September 13, 2013 at 5:26 pm
14 0 Rate This

Danish Pastry says:
September 12, 2013 at 8:51 pm
This just popped up as a retweet on my twitter. Insult to injury?
———-
RangersMedia News
@RangersMedia
Fifty six journalists murdered in Russia since 1992. One Scottish football reporter heckled in the street #bitofperspectivepleasejim
__________________________________

As so often, what they write, in an attempt to reduce the seriousness of their actions ….
———-

Exactly, we’re expected to think they’re fine fellows because they haven’t actually murdered anyone. How sick are these people?

——-

Yes, but lest we forget, Neil Lennon, Paul McBride, Trish Godman, Paddy McCourt and Niall McGinn were all on the receiving end of packages ‘designed to cause real harm’, in the case of the first three, and parcels containing bullets in the case of Lenny and the two players.

None is a journalist, but the implication that the deady bears knew (and know) where to draw the line is at odds with the painful realities of spring 2011.

…………………………………………………

And did the ‘panel member’ (from Raith rovers) not get threatened as did Angela haggerty et al…

View Comment

Avatar

fergusslayedthebluesPosted on9:41 pm - Sep 13, 2013


Phil
on the £5m raised by the supporters ,I heard that the present regime included anyone with any affiliation with the old club in this figure .
Is this your take on it also

View Comment

AllyJambo

AllyJamboPosted on9:53 pm - Sep 13, 2013


Carfins Finest says:

September 13, 2013 at 9:00 pm

http://rangers.co.uk/news/headlines/item/5078-craig-mather-statement
___________
That must be equally reassuring to supporters and investors alike. They must be particularly reassured by this:
“… the Company is currently completing its annual audit and annual accounts will be published in the near future when this has been completed.”

Still completing the annual audit and annual accounts, so they’re not ready yet, and no indication of when they might be ready (near future). And, of course, they won’t include any income (if any) and expenditure (a few million) since the accounting date… I wonder if Mather charges by the word in official statements?

View Comment

Avatar

Resin_lab_dogPosted on9:54 pm - Sep 13, 2013


StevieBC says:
September 13, 2013 at 9:19 pm

3

0

Rate This

Carfins Finest says:
September 13, 2013 at 9:00 pm

http://rangers.co.uk/news/headlines/item/5078-craig-mather-statement
===============================
Jeezo, yet another rambling, pointless statement from the CEO and 1,336 words long this time !

He should have said nothing at all, or simply: “Wait for the AGM.”
__________________________________________________________

…A rant from within the besieged bunker methinks.
As to his RFC financial commentary, its like the pilot of a plane with a broken engine flying through the mountains trying to convince the passengers that ‘height above sea level’ is the same thing as ‘ground clearance’ .

View Comment

Avatar

redlichtiePosted on10:02 pm - Sep 13, 2013


ecobhoy says:
September 13, 2013 at 7:07 pm
As to the subscription thing – it sounds fine in theory but as you say it all depends what you are buying but more more problematic IMO would be who would re responsible for repairs and upkeep and if it was TRFCL or its successor then how do you make them spend the cash?
===========================================================

I was working on the basis that TRFC would have an FRI lease.

FRI? Usually “Full repairing and insuring” but in this case more like Fecking Rangers Idiots.

Never in the history of dupedom have so many been duped by so few.

Scottish football needs a strong Arbroath.

View Comment

ianagain

ianagainPosted on10:02 pm - Sep 13, 2013


From the new Rangers rumours finance page: its sinking in and my old hero he of the protests and self financed flyers George is now disconsolate.
+++++++++++++++++++++++++++++++++++++++++++++++++

13 Sep 2013 16:46:58
There is a more compelling reason to forget the Ian Black case. It will be a footnote compared to the corporate and financial train crash that Dave King eloquently warned us about. It seems that our new brokers, who have gone to ground unchallenged, have stepped in to force McColl’s allies into a Faustian pact with the current abhorrent regime in order to secure an AGM by October 31st. While the corporate politics are near impenetrable, it is not good news that financial guru Frank Blin has withdrawn from the entire process and huge doubt cast on the level of shareholder support the EGM requisitioners can muster. The main fan groups need to reconvene urgently to ask some critical questions in the jockeying for power. Will McColl and Murray stay involved? Is Blin cleverly blindsiding while awaiting an invitation from a new Board? And crucially, what weight do local, knowledgeable Bears put on the rumours down here that a King/Kennedy/Souness-led group is hovering in the wings? I would love to be optimistic that Machiavellian forces for change are quietly at work, but I fear that the Bad Guys may be winning. Gers fans here are worried and distressed about today’s developments. A cleansed, transparent Boardroom, boosted by serious investment from Rangers men of means, has suddenly moved even further away.

Senior London Bear

13 Sep 2013 12:18:10
Sorry to say this fellow bears but apathy wins.

Protests died death when Mather strung this out till McColl fed up I believe same with Blin.

November NO MONEY as in my old firm long firm warning

ibrox and Murray Park sold in near future

Rangers consigned to a long slow torture next 10 years.

My false hopes were me thinking with my heart like baybear season situation.

Should have stuck to my guns and carried on with 10000 flyers.

I am up for Arbroath game but heartsick at thought I try to do protest and 10 show up

Yours in Rangers totally fed up with us not geting a break as fans from these persons. george

View Comment

Avatar

ecobhoyPosted on10:03 pm - Sep 13, 2013


broganrogantrevinoandhogan says:
September 13, 2013 at 8:54 pm

They lodged the annual return for Sevco Scotland this morning. All shares owned by RIFC — even though it was formed after Sevco Scotland.
=================================================================
I think it’s important to remember that the Annual Return lists the total of allotted shares at the made-up date for TRFCL which was 29 May 2013 so it isn’t really relevant that RIFC was formed after Sevco Scotland or more correctly TRFCL as there was a name change.

Always bearing in mind there is a bit of a discrepancy in share numbers and there is the separate Sevco 5088 factor which although important don’t impact on the point you have made.

What happened was the investors in TRFCL – some of whom were investors in Sevco Scotland and indeed some were even investors in Sevco 5088 – were offered a 1-for-1 swop with their TRFCL shares being replaced by RIFC Plc shares.

I had previousdly assumed that these TRFCL shares in effect ceased to exist – shows you how much I know about things – but these approx 33 million shares are now held by RIFCL who are shown as the current and only shareholders in TRFCL. That is correct as far as it goes.

What the Annual Return has failed to provide is the previous shareholding details which would include Green and quite a few other individuals, trusts and companies – basically the people who held the 33 million shares before swapping them for RIFC Plc shares.

View Comment

Avatar

john clarkePosted on10:04 pm - Sep 13, 2013


“… the Company is currently completing its annual audit ”
—-
Does that mean that the prepared accounts are now in the hands of the external Auditors? (Which firm has that brief, btw?)
or has the Board still to complete them and submit them to Audit?
Not a heckuva lot of time to get them done and dusted and printed off for the AGM ?!

View Comment

Avatar

beatipacificiscotiaPosted on10:09 pm - Sep 13, 2013


ecobhoy says:
September 13, 2013 at 9:28 pm

PhilMacGiollaBhain says:
September 13, 2013 at 8:51 pm

@ecobhoy
Then my TWO sources must be wrong and independently wrong of each other. I’ll need to have a word with BOTH of them.

++++++++++++++++++++++++++++++++++++++

I think the problem is Phil has been hinting at this and has suggested he has solid, reliable sources – but won’t go beyond hinting. I agree, Ecobhoy, enough has been reported on the figures and that includes regulatory reporting. I can only assume that the figures are correct – minus the usual costs and commissions.

Phil, if you have evidence, or information that you trust, that contradicts the regulatory reporting then I would be delighted to see it. Throw down the numbers you believe to be true, let’s see if you are right.

View Comment

Avatar

fergusslayedthebluesPosted on10:22 pm - Sep 13, 2013


ianagain
Any future tribute act 2 that involves Souness IMO tells me they have learnt nothing through this whole sham

View Comment

ianagain

ianagainPosted on10:31 pm - Sep 13, 2013


fergusslayedtheblues

Yes but they love a “figurehead” don’t they. Gets em every time.

View Comment

Avatar

Drew PeacockPosted on10:33 pm - Sep 13, 2013


Resin_lab_dog says:
September 13, 2013 at 9:54 pm

StevieBC says:
September 13, 2013 at 9:19 pm
Carfins Finest says:
September 13, 2013 at 9:00 pm

http://rangers.co.uk/news/headlines/item/5078-craig-mather-statement
===============================
Jeezo, yet another rambling, pointless statement from the CEO and 1,336 words long this time !

He should have said nothing at all, or simply: “Wait for the AGM.”
__________________________________________________________

…A rant from within the besieged bunker methinks.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Not so sure – let’s not forget they have a clever PR strategist in their pay. So every media release is done for a reason. I only skim read the drivel Mather was spouting. I think the PR Gurus let him write it so that it looked amateurish either that or the semi literate JT had a hand in it. Anyway – it serves to cast doubt on the motives of McColl & Co and their lack of concern for the long term future of TRFC and again rubbishes Murray.

View Comment

Avatar

fergusslayedthebluesPosted on10:33 pm - Sep 13, 2013


ianagain
ever decreasing circles

View Comment

valentinesclown

valentinesclownPosted on10:34 pm - Sep 13, 2013


From Mather statement.

Over the last couple of months this Club has had the great misfortune to have been saddled with the threat of an GM all because a group of individuals, most of whom have never done anything for Rangers, some of whom never having invested felt they should become directors. No plan. No investment. No vision. Just an obsession to wear a tie and sit in the Directors’ Box.
——————————————————————————–
That sounds like the blueprint from way back to when DM took over (he invested nothing) The board knew nothing, done nothing, signed everything and got paid well (by EBT’s). The shirt and tie were also worn track side with a nice pair of shinny brogues ( you canny hide class). You may hide side letters but class you just canny hide.

View Comment

Avatar

newtzPosted on10:36 pm - Sep 13, 2013


broganrogantrevinoandhogan says:September 13, 2013 at 8:54 pm

Ok, got it.

The number ties with the Oct filing which groups all shares alloted and ties in with the IPO doc.(I believe)
No change then.Still does not answer the original point ….

View Comment

Avatar

Tif FinnPosted on10:38 pm - Sep 13, 2013


john clarke says:
September 13, 2013 at 10:04 pm

If they have to have the AGM during October then surely they will need the audited accounts out within the next few weeks. If the auditors don’t even have them yet that will potentially be problematic I would have thought.

View Comment

Avatar

torrejohnbhoyPosted on10:39 pm - Sep 13, 2013


Liked the wee bit in the STV report:
“High profile shareholder,Jim McColl”
Current shareholdind worth-£2.
Also states he’ll not be putting any cash in,ditto Paul Murray and Blin walks.
Apart from rhetoric what do these people offer?.
The MSM talk about a consortium led by Jim McColl.Who’s in this consortium and are they willing to commit more money than McColl & Co(wouldn’t be hard)?.
I’ve said before,my 1st question to McColl and Co if asked for investment would be:
“How much are you putting in?”.
If the answer is nothing,the conversation’s over.
I’m asking you to invest in this football club even though,as one of Scotlands richest men,I wouldn’t touch it with a bargepole!.
Unique selling point. :mrgreen:

View Comment

Avatar

Drew PeacockPosted on10:46 pm - Sep 13, 2013


john clarke says:
September 13, 2013 at 10:04 pm

“… the Company is currently completing its annual audit ”
—-
Does that mean that the prepared accounts are now in the hands of the external Auditors? (Which firm has that brief, btw?)
or has the Board still to complete them and submit them to Audit?
Not a heckuva lot of time to get them done and dusted and printed off for the AGM ?!
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Deloitte are in the hot seat for this one. I suspect the biggest, but not the only, hurdle to signing them off will be the issue of demonstrating TRFC is a going concern. The AGM in October won’t happen.

View Comment

Avatar

coatbrigbhoyPosted on10:54 pm - Sep 13, 2013


PhilMacGiollaBhain says:
September 13, 2013 at 8:49 pm

10

3

Rate This

@ecobhoy
“Who knows – I’m not really a speculating kind of guy unless I have some solid facts to work with. But I’m not sure that the fans will be able to raise that much dosh in any case. They raised £5 million for the IPO although the expectation was for double that.”
Did they?
£5 million?
You have had eyes on the documentation?
#Chapeau

**********************************************************************************

I am pretty much sure in his recent STV interview,Green stated that fans had bought £4.5m worth of shares, just a thought, were the Easdales in the fan buying group or the institutional investors group

View Comment

Avatar

broganrogantrevinoandhoganPosted on10:55 pm - Sep 13, 2013


ecobhoy says:
September 13, 2013 at 10:03 pm and Newtz @ 10:36pm

Yes the annual return submitted gets the number of shares correct, and indeed the company name and number.

However, as has been pointed out this is the first annual return and as such is not a snapshot of the company at any given time, as the first annual return is meant to show the history of the shareholding until the date of the return.

Now this return has been submitted by FFW who should know their stuff.

It should show all the original shareholders in Sevco Scotland and all of those who received shares in return for cash or other investment at the outset.

In other words it should show who was in Charlie Green’s consortium from the date of Incorporation ( 29th May 2012 ?) to the date of the return.

Yet it doesn’t.

Instead we get further evidence that everything is being done to hide who is involved here.

Now who is that information being hidden from?

The SFA? The Press? The Fans? who?

The document filed is such a simple document — so why is it months late?

What possible reason can you have for submitting this so late?

All very mysterious, and all pointing to anything other than the required transparency as mentioned in the statement made earlier tonight>

View Comment

Avatar

aenmac75Posted on11:15 pm - Sep 13, 2013


@BBCDouglasF

If #Rangers board thought Jim McColl’s backed off from his challenge, this should make them think again: bbc.in/161iTmx #rfc

@JackIrvine

@BBCDouglasF Douglas, have you seen The Bullshit Billionaire’s business plan? No? That’s funny, neither have Rangers.

————

Jack is on a bit of OT tonight

View Comment

Avatar

newtzPosted on11:21 pm - Sep 13, 2013


broganrogantrevinoandhogan says:September 13, 2013 at 10:55 pm

Exactly.
I meant to edit the prev post to include the date…. 29/5/2013

What/who exactly are they hiding ? ………..

@BRTH …. just a question …
What if any single beneficiary holds greater than 10% … ?

View Comment

Avatar

Not The Huddle MalcontentPosted on11:27 pm - Sep 13, 2013


Charlottes posting

Nomads and the requisitioners.

Cenkos refused to give approval for the appointment of James Easdale to RIFC. This decision was not based on anything inappropriate, more a case that they felt such a position should be offered to someone with more experience in a company of that size and related field.

The instruction to announce the appointment of James was delivered to Cenkos after Walter Smith brokered the deal, with the result that the GM would now be avoided.

Sometimes partnerships fail to work out, despite the best intentions of all. In such a situation it would be expected that Cenkos would assist in a smooth transfer to another Nomad.

Sadly this proved not to be the case.

Cenkos hatched a plan to launch a coup against the current board of directors at RIFC having drafted the proposals that have been floating around for the past months. Rather than exit gracefully, it appears that they turned their fury against their clients. Such behaviour cannot be endorsed under any circumstances.

The plan was to gather in as many prominent persons as possible into the coup, including McColl, Hargreave Hale, and Artemis, to name but a few. Cenkos would lead this operation, but of course it had to be secret, otherwise reputations were at risk.

The requisitioners may have called for transparency but they certainly didn’t play by the same rules.

My advice to RIFC would be to go and seek recovery of past fees from Cenkos due to acts of treachery and also to further consider the conduct of all those involved.

Then again, the board might want to bury this sort of news, for they have form for doing so this past year, especially relating to financial matters.

View Comment

Avatar

aenmac75Posted on11:28 pm - Sep 13, 2013


Charlottes tweeting

@CharlotteFakes

Nomads and the requisitioners. Cenkos refused to give approval for the appointment of James Easdale to RIFC. (cont) tl.gd/n_1rme4sj

View Comment

Avatar

ecobhoyPosted on11:31 pm - Sep 13, 2013


broganrogantrevinoandhogan says:
September 13, 2013 at 10:55 pm
ecobhoy says:
September 13, 2013 at 10:03 pm and Newtz @ 10:36pm

It should show all the original shareholders in Sevco Scotland and all of those who received shares in return for cash or other investment at the outset. In other words it should show who was in Charlie Green’s consortium from the date of Incorporation ( 29th May 2012 ?) to the date of the return.

Yet it doesn’t. Instead we get further evidence that everything is being done to hide who is involved here. Now who is that information being hidden from? The SFA? The Press? The Fans? who?
The document filed is such a simple document — so why is it months late?
====================================================================
I think the problem is either a connection that can’t be revealed like Rizvi.

Or, the fact that the original placees were actually Sevco 5088 investors with share placement letters in the name of Sevco 5088 and they eventually became TRFCL shareholders (apparently through verbal agreement with anonymous Sevco 5088 directors) and subsequently became RIFC Plc shareholders. There could be a problem there that might assist CW’s claims – I can’t figure it yet but it’s possible.

And from somewhere in the back of my brain – does an AR not need to list debentures?

View Comment

Avatar

fergusslayedthebluesPosted on11:35 pm - Sep 13, 2013


BRTH
Exactly , yet Sevco fans still sit doing nothing .
You would think that after the CW/CG fiasco they would be grabbing the pitchforks and heading down Govan .

View Comment

Avatar

fergusslayedthebluesPosted on11:40 pm - Sep 13, 2013


aenmac75
That’s strange as JI never used that term of phrase for CW who we are led to believe had wiped his internet history .
MC,oll must be sleeping

View Comment

Avatar

ecobhoyPosted on11:41 pm - Sep 13, 2013


aenmac75 says:
September 13, 2013 at 11:28 pm

Charlottes tweeting

@CharlotteFakes

Nomads and the requisitioners. Cenkos refused to give approval for the appointment of James Easdale to RIFC. (cont) tl.gd/n_1rme4sj
==========================================================
I think we have to be very careful in accepting this actually is CF. Just like when she first appeared we were cautious. This tweet suits the current Board and in reality is a wonderful PR piece for them.

This just doesn’t ‘feel’ like Charlotte to me – so unless someone has a separate email for her and can confirm it’s her take care out there ❗

View Comment

Avatar

aenmac75Posted on11:46 pm - Sep 13, 2013


Echobhoy

I am just posting what was tweeted from that account which i was still following.

View Comment

Avatar

Galling fiverPosted on11:49 pm - Sep 13, 2013


looks like the monitor is being monitored, you have a pm. ➡

View Comment

Avatar

Not The Huddle MalcontentPosted on11:51 pm - Sep 13, 2013


Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers plc board meeting 29/05/2013

scribd.com/doc/168037134/…
Reply
Retweet
Favorite
More optionsDetails
2m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers plc board meeting 6/5/2013

scribd.com/doc/168037125/…
Details
2m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers plc board meeting 23/04/2013

scribd.com/doc/168037036/…
Details
3m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers Plc Board Meeting 13/04/2013

scribd.com/doc/168036900/…
Details
4m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers Plc Board Meeting 13/02/2013 (prev released)

scribd.com/doc/168037579/…

View Comment

Avatar

BangordubPosted on11:52 pm - Sep 13, 2013


Charlotte in overdrive,
Multiple tweets- Board meeting minutes

View Comment

Avatar

Drew PeacockPosted on12:04 am - Sep 14, 2013


ecobhoy says:
September 13, 2013 at 11:41 pm
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

It’s a bit on the mentalist side of things. Multiple identities?? How was this ever allowed to happen on the interwebnet.com

View Comment

Avatar

coineanachantaighePosted on12:45 am - Sep 14, 2013


policeandthieves says:
September 13, 2013 at 8:49 pm
Tweet from Stan Collymore (re-tweeted by Phil)
“Apparently i can’t go to a Glasgow derby game according to some. Current logistical issues.Haha.”
===================================
Surely he can? There’s one on the 27th October.

View Comment

Avatar

redlichtiePosted on1:18 am - Sep 14, 2013


Those Board minutes – some snippets :

13-04-13

“ The purpose of the meeting was to discuss the recent tapes that had been released publicly by Craig Whyte which included the CEO and Imran Ahmad being recorded in the early stages of the transaction. In addition, the payment of £137,500 that was purported to have been sent to the bank account of Imran’s mother by Craig Whyte was discussed. These matters appeared to be related to Sevco 5088 which never acquired the assets of OLDCO. However, it was decided that comfort would be required that Craig Whyte had no legal claim over the Club.”

“It was agreed by the whole board that an independent investigation would be desirable to verify that there were no links between Craig Whyte, Imran Ahmad and Charles Green in relation to The Rangers Football Club”

“Charles Green agreed to step down for two weeks pending the outcome of the investigation.”

“The Finance papers prepared were not discussed and it was decided to discuss at the next board meeting.”

23-04-13

“…the Finance director was asked to invite Ally McCoist to become a director of the Rangers FootballClub Limited. The Chairman deferred discussion on this until the next board meeting.”

“it was explained that there had been a meeting of Rangers Football Club Limited at 5pm on 22 April 2013 and that at that meeting it had been resolved by the majority of directors present to appoint Iain Morgan and James Easdale to the board of Rangers Football Club Limited subject to SFA approval.”

“The Chairman explained that he had met with Sandy and James Easdale who had mentioned that, in light of his increased voting position and business experience, James Easdale wished to be put forward as a director of Rangers International Football Club plc. Some concern was expressed amongst certain board members at this and the Chairman deferred discussion on the point until the next board meeting by which time he would speak to senior management and conduct some background research.”

06-05-13

“ Ian Hart acted as the Chairman for this meeting.”

“ Following discussion on the minutes of 13 February 2013, the Chairman decided that the minutes would be passed over for approval at the next Board meeting.”

“The position of Charles Green as a director was discussed given the compromise agreement that had been signed.”

“The Chairman attended a meeting at the SFA alone without informing the acting CEO. The SFA was expecting Walter and the acting CEO to attend and was told by the Chairman that he did not know where they were. The SFA expressed their dissatisfaction to the acting CEO”

“The SFA mentioned to the Acting CEO that the Rangers Board situation needed addressing as the SFA understood that information was leaking from the Chairman to Paul Murray who was then speaking to Keith Jackson at the Daily Record”

Lots of negative comment on MM – leading to him being sacked. “The resolution was passed by a majority of directors.”

29-05-13

“Craig Mather had questioned Chris Morgan and James Easdale on the reason for the resolutions to remove directors and was told that in relation to Malcolm Murray it was due to their concerns over leadership and in respect of Phil Cartmell it was due to him being seen as too closely aligned with Cenkos and being too far removed from the business in Scotland.”

“Ian Hart did not consider the appointment of James Easdale to be sinister. Bryan Smart, Craig Mather and Brian Stockbridge agreed based on the information that they had seen.”

“None of the Board was supportive of a resolution to remove Phil Cartmell.”

“The position of Cenkos was discussed and it was unanimously agreed by the Board that the quality of the advice received from Cenkos had been below the standards expected.”

“Craig Mather expressed deep concern that Cenkos had arranged meetings with Paul Murray….”

“Ian Hart was disappointed that Cenkos had tried to bring people on to the board and considered that this was a matter for the Board to decide rather than for the Nomad.”

“THE INVESTIGATION Bryan Smart explained that he had limited the access to the report by Malcolm Murray and Charles Green because Malcolm had directed the report in a way that was outside the scope of the review and Charles was about to leave the board.”

“Since the report is subject to legal privilege it is vital that the report does not leak out causing the whole exercise to have been a waste of money. Bryan explained that he had taken legal advice and that this position was justifiable in order to preserve the integrity of the report. The Board agreed with this approach.”

“The Board discussed a revised letter of Claim that had been received from Craig Whyte and it was decided that Pinsent Mason would complete a second report update taking into account the new information received and would then pass this information over to Allen & Overy who is advising the Company on the claims from Craig Whyte. It was explained that the conclusions from Pinsent had not changed following receipt of the revised latter of claim. A shorter revised announcement to the market setting out the position that Craig Whyte had no claim on the assets of the Club and that there were no links with Existing Rangers employees was agreed at the Board meeting and released the subsequent day.”

“The position of Imran Ahmad – it was unanimously agreed by the Board that IA would be removed as a director of Rangers Football Club Limited”

“Announcement of Laxey – it was agreed that an announcement would be made of the arrangement between Charles Green and Laxey to transfer shares.”

“Deloitte Forensic – It was agreed that a separate meeting would take place between Charles Green and Deloitte Forensic to cover off certain of the financial matters included in the report.”

Notes :

Little discussion of the financial position and apparently agreement on Board minutes is a problem. Reading these Minutes does not give the impression of a well-run, thriving business. The absence of discussion of financial matters is extremely odd. The SFA getting involved in stopping leaks? Why?

Scottish football needs to rid itself of this soap opera.

View Comment

Avatar

Drew PeacockPosted on1:25 am - Sep 14, 2013


redlichtie says:
September 14, 2013 at 1:18 am
+++++++++++++++++++++++++++++++++++++++++++++++++++++++

A serious lack of financial reporting to the Board who spend their time discussing personality clashes and trying to unearth the faithless!

View Comment

ianagain

ianagainPosted on1:33 am - Sep 14, 2013


redlichtie says:

September 14, 2013 at 1:18 am

Those Board minutes – some snippets

============================

RL good snippets

And note the Saint Cardigan in attendance at all but one

View Comment

ianagain

ianagainPosted on1:38 am - Sep 14, 2013


Note Pinsents being deflected

View Comment

ianagain

ianagainPosted on1:42 am - Sep 14, 2013


Someone grab these docs quick. Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers plc board meeting 29/05/2013

scribd.com/doc/168037134/…
Reply
Retweet
Favorite
More optionsDetails
2m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers plc board meeting 6/5/2013

scribd.com/doc/168037125/…
Details
2m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers plc board meeting 23/04/2013

scribd.com/doc/168037036/…
Details
3m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers Plc Board Meeting 13/04/2013

scribd.com/doc/168036900/…
Details
4m

Charlotte Fakeovers @CharlotteFakes
Minutes of Rangers Plc Board Meeting 13/02/2013 (prev released)

scribd.com/doc/168037579/…

View Comment

Avatar

Drew PeacockPosted on1:43 am - Sep 14, 2013


Ian Hart is the main actor in a lot of this. Who he?

View Comment

Avatar

john clarkePosted on1:49 am - Sep 14, 2013


How nice to see Charlotte back.

” Ian Hart

Non-Executive Director | Age 67 | Appointed 7 December 2012

Biography

Ian has a broad knowledge of Scottish business and has worked for a number of charities in Scotland. He was appointed Senior Partner in Hacking and Paterson in 1990 and still contributes to this operation, as well as being on the Scottish Committee of Barnardo’s.

View Comment

ianagain

ianagainPosted on2:01 am - Sep 14, 2013


Re Charlotte

Early doors all oldish CW tapes audio and alleged old disk drives. Mail redirects.

A wee turn towards a mania with Ibrox asbestos.

Bash up with Jack.

Tonight repeated and current.

Love it.Just don’t know how.

View Comment

Robbyp

RobbypPosted on4:41 am - Sep 14, 2013


Does anyone know if William Hill or any other betting company has issued a statement re Black’s punishment at the hands of the SFA? I can think of no other act, that comes closer to match fixing, than actually betting against your own club. It must impact negatively on the gambling companies if they are perceived to be offering odds on a rigged league, and who’s to say that they haven’t already been hit for millions by a syndicate/s following ‘inside’ information. McCoist has already announced that he has a list of hundreds of bets laid by players. Well, if I was CEO of Ladbrokes et al, I’d like to know just how many of these could have affected the results. A just response is required here and it has to be seen to be done. That just response has to offer an effective deterrent to all players who might consider match fixing as an alternative income stream. In recent years the cricketing authorities handed out bans ranging from 1 year to 3 years to jail time (I think) to several Pakistani international cricketers. In Rugby League in England, a player was banned for 1 full season recently for his involvement in ‘throwing’ results. These are real deterrents when participation in the sport is also your livelihood. In Scotland a player gets a three match ban and fined a week’s wages. Why the silence?

View Comment

Avatar

ecobhoyPosted on6:54 am - Sep 14, 2013


Lots of gossip in the CF stuff posted last night a lot of which was either known previously or strongly suspected in general terms.

But no meat – no financial reports or any other reports. That is what is really important. We see a board where deflection was taking place to prevent discussion of the important things like the reports. But they were submitted so they exist and that’s where the real gold lies.

View Comment

Leave a Reply