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.
smugas, difficult questions to answer but here’s some thoughts:
1. The recent (‘ish) history, say 1978-85, shows that the crowds disappeared when Rangers were rubbish and Celtic pretty good, Aberdeen and Dundee United decent. As to whether it would lead to the kind of cleansing you refer to, we can’t know. But they didn’t disappear over these lean years (in Rangers fans’ terms). There has to be a chance that the rump left after a period of lower league obscurity would include the ‘undesirables’ clinging to the negatives of their history.
2. What’s driving the policy to try sustain the old ‘Old Firm’?
The managerialists – Regan and Doncaster’s and many club directors’ perception (mistaken in my view) that they need the money that Rangers attract to Scottish football.
Conservatism – it’s easier for blazers to have no change
Friends in high places not willing to face and deal with the reality of immoral and corrupt practices or deliberately choosing not do so.
David Murray was a good strategist – he harnessed the strengths of Rangers’ position in Scottish football to the max (see friends in high places) and played a willing media well using Media House. The benefits of that to Rangers haven’t disappeared just because he no longer owns the club.
Re the potential for ‘unauthorised retun of capital’ I go back to an interview from Alastair Johnston just after Sir Cardy packed in the gig as Chairman.
The Herald makes reference as below but I am sure on the radio AJ also mentioned that Sir Cardy had also spoken of ‘compensation’.
Its either true of an early part of the Brouges PR plans to oust the spivs
It still stinks to high heaven and the lack of accounts, annual return info etc should have T’Rangers fans worried.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Alistair Johnston, the former Rangers chairman, said last week that Smith had told him “you’ll be astonished at what’s going on with regards to share transfers”.
http://www.heraldscotland.com/news/home-news/the-unravelling-of-rangers.21842437
Unauthorised Return OF Capital (I had originally read it as return ON capital).
Coupled with PMG’s continual hinting at reduced monies raised might the 22m publicly reported as having been raised not quite all have been converted into RIFC shares then? Or alternatively, converted into shares and promptly cashed back out again thus repaying some ‘key’ investors in double quick time (thus part of the 22m raised immediately repaid the holders of the original TRFC shares as opposed to going into the company per se)?
Essentially the company is buying back its own shares, its just not waiting for them to go to the market first.
Help eco!
There are lots of Rangers fans out there who are prepared to show some form of humility for the way the club conducted themselves over the past 20 odd years. However, if you put it to them that they should be stripped of any awards that were gained through the unfair/illegal practices of the past they refuse to countenance it. Every other sport has clear guidelines in this respect. If you cheat you will be stripped of your title(s). Scottish football should have been no different but decisions made by those in charge of our game went against this practice. These decisions have caused a rift which will be difficult to heal.
If Rangers fans had been prepared to accept the correct punishments that should have been carried out then this problem would not have arisen. They chose the path of resistance and will have to face the consequences of this.
Non Rangers fans are not anti-Rangers, they are anti-corruption and favouritism. For the good of the game we need good governance. Sadly that has been missing for a long time.
http://gersfamily.com/post/58487725023/prayforoscar-teamoscar-wee-oscar
There is hope – on the above page you can touch it.
StevieBC says:
September 20, 2013 at 2:11 pm
This is one of the many reasons why I despise the entity now playing at Ibrox
McMurdo and his ilk, blithely throw about numbers like this £50 million, with never a word of apology for all of the creditors they stiffed, as they did walking away, with the brass neck to tell us that they are the same club
The quicker they are gone, the better it will be for the rest of us
And if that leads to civil unrest, then I’m sure Mr House with his Met Police tribute act, will be able to deal with it
[TSFM – Totally insulting and totally off topic. ]
Tif Finn says:
September 20, 2013 at 1:29 pm
Angus1983 says:
September 20, 2013 at 1:21 pm
The point is, when he was found out to be a chancer would your response have been …
——
Aye, you’re quite right. Aberdeen fans are of a completely different mindset to Rangers fans, though. We’d have been completely ashamed and embarrassed.
But that’s not what Ryan said. He said he was delighted at the time. Which I can’t believe any fan of any club wouldn’t be. e.g. Celtic have signed some reasonably big names in the past 20 years, undoubtedly on unfeasible salaries at the time – and I don’t recall any cries of caution or suggestions of swickery.
We should be wary of extrapolation, that’s all. Because Ryan expressed his past delight doesn’t mean we have to jump down his throat and demand apologies or contrition from the poor guy.
Smugas says:
September 20, 2013 at 2:51 pm
Unauthorised Return OF Capital (I had originally read it as return ON capital).
Coupled with PMG’s continual hinting at reduced monies raised might the 22m publicly reported as having been raised not quite all have been converted into RIFC shares then? Or alternatively, converted into shares and promptly cashed back out again thus repaying some ‘key’ investors in double quick time (thus part of the 22m raised immediately repaid the holders of the original TRFC shares as opposed to going into the company per se)?
Essentially the company is buying back its own shares, its just not waiting for them to go to the market first.
Help eco!
==============================================================
Phil and I have differed on the IPO amount raised but I now see that we could have been viewing it at different times.
I had always found it difficult to believe that the £22m claimed as raised wasn’t raised because if it was a lie it was bound to come to light at some stage or a massive cover-up involving a slew of professionals would have to have been perpetrated. So what’s new I hear being shouted from the cheap seats 😆
Seriously I reckoned the money came in but now I recognise a possible mechanism for it not sticking and if it went straight back-out then Phil is correct that the amount raised wasn’t what was claimed in the sense that the ‘expenses’ were much higher than anticipated and went further than the normal costs and commissions normally associated with an AIM flotation.
I became very curious after the original claim to the fan meeting addressed by Mather and Stockbridge that none of the IPO money was left and therefore what was in the bank was basically ST money. There was an almighty scramble within days to claim that the money in the babk wasn’t all from ST money but included IPO cash.
That set small alarm bells ringing for me – not because Stockbridge didn’t seem to have passed Accountancy 101 – but because there appeared to be a ‘need’ for Bears to believe that some of IPO money remained. Perhaps because a thinking Bear might be demanding to know exactly what income the club had received and where it had been spent.
Heaven forbid if that showed an IPO amount raised less than £22 million less exes. But if it did you then have to explain why this was never previously stated. Obviously I would be gobsmacked if anyone at Ibrox Board Level suggested any scheme to ‘massage’ the figures which was either illegal or contrary to good accounting practice.
And I feel confident that if anyone had made a mistake with the accounts that Deloitte could be trusted to draw attention to the blunder. But as I say surely no such cock-up could possibly have taken place.
I’m with scapaflow here, it’s too simplistic a view to condemn all Rangers supporters. I can’t be the only one who’s had to endure sad, sorry bile and anger coming from so-called fans of my own team directed at both our players and opponents? A good number, far too many, of Rangers fans seem to revel in the hateful ‘nobody likes we don’t care’ nonsense but I don’t see as many paragons of virtue at real, live football matches as appear to post on TSFM on this subject.
My own take on Ryan’s plea of absolution of all blame on Rangers’ fans is pretty simple.
Rangers’ fans as individuals have absolutely no legal or moral responsibility for the conduct of the club in any way.
However, when one supports an institution, then one gives succour to it and by extension, one is complicit in the failings of that institution. This is now where the Rangers’ fans stand. In short as individuals whilst they are not responsible for any of the conduct of this regime or of the previous incarnation’s faults, their very support en masse, is what feeds the greed, the supremacism and the intolerance of the club’s leadership.
I would, were I a Rangers’ fan, have abandoned the club long ago.
I have, as it happened , abandoned Celtic financially ( I still have the emotional ties obviously) because of actions of far less criminality, or dishonesty or wilful deceit than those of Rangers.
I believe that the decision to abandon all of the rules of football and allow SEVCO – a brand new entity owned by persons unknown – to become part of Scottish football and wear the cloak of Rangers was so outrageous that no part of Scottish football deserves my support: no merchandise, no tickets, no subscriptions to TV channels – nothing.
I do not advocate others do this – it is my choice not to fuel a corrupt system.
In many other areas of my life I similarly choose to behave as ethically as I can; I see football being qualitatively no different.
If I were Ryan ( I am not) I would find it impossible to continue with any financial or moral support for the club. Whether my emotional attachment could survive such betrayals of trust and such successive acts of irresponsibility is not something I can answer.
arabest1 says:
September 20, 2013 at 1:08 pm
“”….When Maradona infamously hit the net with the assistance of the ‘hand of god’..”
—-
Saw a greetings card yesterday which had a picture of cheat supreme Maradonna shaking hands with the opposing captain, and the caption was ‘not so hard- that’s my goal-scoring hand’.
iceman63 says:
September 20, 2013 at 3:54 pm
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Hat’s off iceman, a reasoned position, clearly presented without rancour.
iceman63 says:
September 20, 2013 at 3:54 pm
10 0 Rate This
My own take on Ryan’s plea of absolution of all blame on Rangers’ fans is pretty simple.
Rangers’ fans as individuals have absolutely no legal or moral responsibility for the conduct of the club in any way.
However, when one supports an institution, then one gives succour to it and by extension, one is complicit in the failings of that institution. This is now where the Rangers’ fans stand. In short as individuals whilst they are not responsible for any of the conduct of this regime or of the previous incarnation’s faults, their very support en masse, is what feeds the greed, the supremacism and the intolerance of the club’s leadership.
I would, were I a Rangers’ fan, have abandoned the club long ago.
I have, as it happened , abandoned Celtic financially ( I still have the emotional ties obviously) because of actions of far less criminality, or dishonesty or wilful deceit than those of Rangers.
I believe that the decision to abandon all of the rules of football and allow SEVCO – a brand new entity owned by persons unknown – to become part of Scottish football and wear the cloak of Rangers was so outrageous that no part of Scottish football deserves my support: no merchandise, no tickets, no subscriptions to TV channels – nothing.
I do not advocate others do this – it is my choice not to fuel a corrupt system.
In many other areas of my life I similarly choose to behave as ethically as I can; I see football being qualitatively no different.
If I were Ryan ( I am not) I would find it impossible to continue with any financial or moral support for the club. Whether my emotional attachment could survive such betrayals of trust and such successive acts of irresponsibility is not something I can answer.
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well said iceman
best post in a long long time.
explaining what you feel about Celtic and why you feel so disillusioned with Celtic’s involvement in the total b4stard15sation of the rules and regulations of football governance in scotland.
you are 100% correct. Celtic are complicit and i fully agree with your stance.
last year, i also decide
no more celtic games
no more merchandise
no nore fixed odds
[used to do it at the bookies inside celtic park]
no more half-time draw
no more sky tv [or any other PPV tv]
obviously on here, i keep an “interest” in “what’s going on” and still look out for the celtic score, but that’s it.
i bought an indoor Gym with the money i saved by not going to Celtic games and have lost half a stone to boot!
http://www.onfieldsofgreen.com/aftershocks-and-broken-clocks/
Every effort the authorities make to help Rangers hurts them instead. This is the law of unintended consequences …
It makes you glad to be a Celtic fan!
http://www.bbc.co.uk/sport/0/football/24180669
Sevco still got money to spend
. . .nowt in the SMSM news about any allegations of dossiers handed to the ‘old bill’ . . nowt from AIM either !?
Re the IPO
Can I just point out that, had c£22m been raised as was claimed that would have been a failure, by quite some distance. The target was £27m with £10m coming from the fans rather than the institutions.
The issue to the fans missed it’s target by about 50%. The overall issue missed it’s target by about 19%.
If some of that money was effectively instantly “repaid” to some of the “institutional investors” particularly if it was with a profit (if they bought for say 30p and got say 70p back) then it really isn’t a huge leap to suspecting fraud, and at the expense of the fans who actually put their money in to support the club they love.
scapaflow says:
September 20, 2013 at 1:32 pm
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Bill1903 says:
September 20, 2013 at 9:49 am
As a Celtic fan, who loathes the IRA baggage, i find that statement more than a little bonkers.
______________________________________________________________________
Second that.
http://www.telegraph.co.uk/sport/football/teams/rangers/9602394/Rangers-investors-have-doubled-their-money-says-Charles-Green-ahead-of-20m-stock-market-flotation.html
The original investors will have “made a profit of 100 per cent”
I’d be surprised if today’s allegations are not related to the facts behind this statement.
Another reason to not lament the Death of the Old Firm
http://www.scotsman.com/news/education/link-found-between-old-firm-and-domestic-violence-1-3104303
http://sgo.sagepub.com/content/3/3/2158244013504207
http://www.bbc.co.uk/news/uk-scotland-scotland-business-24181481
Oh dear, seems Companies House were as unimpressed as us by the Sevco annual return.
That’s another name on the enemies list then
“The Big Companies House must stay open.”
Perhaps if they’d lodged it at Clumpanies House it would have been fine.
http://www.urbandictionary.com/define.php?term=Clumpany&defid=7143814#.Ujx1MWRWJ38.twitter
Lamp Post Sannies says:
September 20, 2013 at 5:05 pm
8 0 Rate This
http://www.bbc.co.uk/news/uk-scotland-scotland-business-24181481
Oh dear, seems Companies House were as unimpressed as us by the Sevco annual return.
That’s another name on the enemies list then
———–
On the other hand, it’s been so long since anything of this kind emerged from Ibrox that perhaps they’ve actually forgotten how to do them!
Danish Pastry says:
September 20, 2013 at 5:48 pm
They lack the All Seeing Eye of the Great Administrator to keep them on the level, and, on the square
I’ll get ma coat, (cooking at the mo the Floyd way hic 😛 )
@scapaflow
A generous slurp from me then 🙂
You got any idea exactly what the “Unauthorised return of share capital” is — in plain man’s Scots? (@smugas, I dinnae know what ye mean, or I should say, what it means in practical terms and what’s so egregious about it)
———–
@CharlotteFakes
Unauthorised return of share capital and other shenanigans inside RIFC. The cover up has gone on long enough. The Murrays are fully aware.
1:53pm – 20 Sep 13
The two Rons tightening their grip?
Douglas Fraser @BBCDouglasF 36s
#Rangers announces Sandy Easdale now has voting rights over 24% of #rfc holding company, with shares worth £7.7m
I saw a post this morning pointing out that Leggo or Mc Murdo were digging deep into Celtic’s finances but get this .He is looking into the possibility that the ground around CP is worthless so he believes that Celtic have been declaring an over valuation of CP .
Now the IRONY of this was not lost on me and neither was his “watch this space” boast at the end of his blog .
The thing is this comes hot on the heels of the Celtic hidden debt kite that was being flown last month ,now call me a cynic but all these accusations could have been aired many months/years ago when we were warning the dead clubs supporters about their financial distress ,so why now ?
Me thinks the bears are being softened up for the news of renting the assets of the old club .
The big question is how much will Chuckles and co demand for the history he bought .
>>>>>>>>> iceman63 says: September 20, 2013 at 3:54 pm
I have to say I agree with your viewpoint on the way the Scottish Football Association have handled this scandal.
And that’s what it is – it’s a scandal. But I would take it a bit further.
Not only have the Scottish Football Association responsible for proving without a shadow of a doubt, that they are not willing or not fit to govern the game in an impartial manner, without fear or favour – but by their own actions, they have allowed the mob to rule Scottish Football.
They have allowed lies like “holding companies” to be accepted as truth – they have allowed innuendo and confusion to take the place of truth and clarity.
And in doing so they have created a blue monster that bites at anyone who dares speak the truth about Rangers.
Now we are witnessing a situation where journalists are being attacked because they dared to say the truth about Rangers. It could all be sorted so easily if the Scottish Football Association stated, unequivocally – that in football terms,
• The club was the company and vice versa.
• Transferring a membership does not mean transferring a club.
• There was no holding company involved in the liquidation.
• Charles Green did not buy the “club”
When Charles Green said the SPL kicked them out, no-one in Scottish Football hit back to state the obvious – they weren’t kicked out. They went bust. Gone. Kaput.
They had a ridiculous situation at Tannadice in the Scottish Cup when Charles Green played the victim card by saying Dundee UTD treated his club badly “last time”. Er excuse me Charles, there was no last time for you – you just formed a new club, remember?
We have gone from a situation where everyone in Scottish football knew what was in store when a CVA was rejected – it meant the end of Rangers FC.
Now fast forward a year, we’ve had no explanation of the justification of how a club that began as Sevco could pretend to be a club that just went bust. And there will be none either.
Every football fan is simply being told by the Scottish Football Association:
“Forget truth, forget integrity, forget liquidation – this is what we’re doing – we watched a club overspend to the extent it went bust but we’re doing everything we can to pretend it never really happened.
We’re not telling you why we can justify this, we’re not telling you how many rules this goes against, it’s really none of your business anyway. We’re in charge and if we want to pretend Rangers never went bust then that’s what we’ll do.”
Except this would never have happened to Dunfermline or Hearts. It didn’t happen to Airdrie. There isn’t a hope in hell it would’ve happened to Celtic in 94.
Now why is this allowed to happen?
• Is it because the Scottish Football Association does not want to lose one of the biggest clubs in Scotland? So they’ll simply blag this for a few years until no-one is talking about it anymore?
• Is it because the Scottish Football Association are actually physically scared of the repercussions of telling the truth about Rangers? (they did go bust you know)
• Is it because there are too many “Rangers” men involved in or with the Scottish Football Association who are doing all they can to “protect the institution” even though it goes against every rule in the book?
Whatever the reason, like iceman, I could not justify giving one more penny to the corruption that is Scottish Football. And never will again as long as we are forced to accept lies just to keep the mob happy as well as the people in suits happy (and I include those in the Celtic boardroom)
The next time you hear a cry of “We are the people” from The Rangers fans – think about it for a minute – they might actually be right. Has the mob mentality won?
Because threats and intimidation from the mob and a complete disregard for rules, integrity and transparency (one of Stewart Regan’s favourite words) have combined to prove beyond a shadow of a doubt – Scottish football is rotten to the core.
Fans had the chance to change it – but the momentum has gone and Regan & Ogilvie are still in nice cushy jobs. Not to mention Doncaster – the man who said “same club, different owners”. Oh really Neil? Can we all do that trick – spend £100m and just let it disappear through liquidation but pretend it was the company, not the club?
And to think the SFA actually tried to bribe everyone into putting the new Rangers right into the SPL.
The next time there is a “Dougie Dougie” moment – where you have paid your money into the game and you watch the referee blatantly cheat – don’t complain. No really, don’t complain.
By paying into Scottish football now, you are accepting cheating on a much higher scale.
Rules are for mugs.
Threats, intimidation, lies & a total disregard for the actual rules are what Scottish Football is all about.
Angus1983 says:
September 20, 2013 at 3:28 pm
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Tif Finn says:
September 20, 2013 at 1:29 pm
Angus1983 says:
September 20, 2013 at 1:21 pm
The point is, when he was found out to be a chancer would your response have been …
——
Aye, you’re quite right. Aberdeen fans are of a completely different mindset to Rangers fans, though. We’d have been completely ashamed and embarrassed.
But that’s not what Ryan said. He said he was delighted at the time. Which I can’t believe any fan of any club wouldn’t be. e.g. Celtic have signed some reasonably big names in the past 20 years, undoubtedly on unfeasible salaries at the time – and I don’t recall any cries of caution or suggestions of swickery.
We should be wary of extrapolation, that’s all. Because Ryan expressed his past delight doesn’t mean we have to jump down his throat and demand apologies or contrition from the poor guy.
……………………………………………………………………………………………………………………………………
From one Angus loon to another, yes my team celtic did buy some big names over the years but I can assure you I was far from pleased at this policy (Ok,the club probably were thinking of shirt sales) but I can’t think of any that floated my boat….. Ian wright,Juninho, Keane (either of them) Ljungberg, etc….IMO were only there to top up their pension pot or just to say “I played for Celtic”, it sickened me as I’d rather the club used the money spent on these players improving unknown youngsters coming through.
As a footnote, as I was driving past Station Park this afternoon i noticed the t.v. gantry is built & the t.v. vans are in laying the cables for the Loons game on Sunday,yes Forfar are going to make some good money this season on the back of sevcos visits + the league cup game but given that they too have spent imo on far to old players (Douglas,Andrews & Dodds) is the money being used wisely? The end of the season will answer that……….. A cheeky double for the loons would make me 😆 though 😉
Rangers International Football Club plc
(“Rangers”, the “Company” or “Club”)
Holding in the Company
Further to the announcement on 17 September 2013 regarding Alexander Easdale’s holding in the Company, the Company announces that it was notified on 19 September 2013, that on 10 September Alexander Easdale also acquired voting rights over 12,641,338 ordinary shares of 1 pence each in the Company (“Ordinary Share”) representing 19.42% of the issued share capital of the Company, pursuant to the terms of proxy agreements entered into with other shareholders of the Company which remain in place until further notice. As a result, including the Ordinary Shares held directly by Mr Easdale, being 2,842,957 Ordinary Shares representing 4.37% of the issued share capital of the Company, Mr Easdale has voting rights over, in aggregate, 15,484,295 Ordinary Shares representing 23.79% of the issued share capital of the Company.
Danish Pastry says:
September 20, 2013 at 6:09 pm
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@scapaflow
A generous slurp from me then 🙂
You got any idea exactly what the “Unauthorised return of share capital” is — in plain man’s Scots? (@smugas, I dinnae know what ye mean, or I should say, what it means in practical terms and what’s so egregious about it)
———–
@CharlotteFakes
Unauthorised return of share capital and other shenanigans inside RIFC. The cover up has gone on long enough. The Murrays are fully aware.
1:53pm – 20 Sep 13
_____________________________________
“what it means in practical terms and what’s so egregious about it”
… in words of 1 syllable…
Theft. Fraud.
Another thing that has been niggling at me is .
Is the Blue Knights crew not suing CB for 25m because CW promised certain funds when he took over and because of this they abandoned their bid .
In any other instance this claim would be so ludicrous it would be laughed out of court but remember who we are dealing with here and how many astounding decisions have been made in the last 2 years .
Would any of us here be surprised if TBKs won their farcical case and that an insurance fund ended up bankrolling their buyout of the spivs .
creditors
banks
taxpayers
charities
debenture holders
sevco supporters
why exclude insurance companies for funds
HirsutePursuit says:
September 20, 2013 at 4:58 pm
…………………………………………..
“The investors rescued it so are entitled to profit…”….Charles Green 11/10/2012
………………………………..
Rescued what?
Lamp Post Sannies says:
September 20, 2013 at 5:26 pm
…………………………………..
I’m guessing it’s a fine…that won’t get paid!
Paulmac2 says:
September 20, 2013 at 6:45 pm
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HirsutePursuit says:
September 20, 2013 at 4:58 pm
…………………………………………..
“The investors rescued it so are entitled to profit…”….Charles Green 11/10/2012
………………………………..
Rescued what?
——————–
His purchase of the assets, otherwise he had no money?
Does it now? I beg to differ. While I think it tends to the overblown, even a cursory reading of it suggests that it is a site which sees itself as having much bigger fish to fry than our little west of Scotland problem.
But feel free to chip away! 🙂
scapaflow says:
September 20, 2013 at 5:03 pm
———————————————-
There are lies damned lies and statistics.
I will believe this latest piece of nonsense if they carry out another survey, covering the period since April 2012, and tell us that the instances of domestic abuse have dropped dramatically since the death of Rangers. Frankly there are no actual statistics given in the article and I don’t believe for a moment that there will have been a significant drop in cases over the past 18 months.
It is an endemic problem in Scotland and the west of Scotland in particular. But it is as specious an argument as blaming the monks of Buckfast Abbey for youth alcoholism in Scotland when only 1% of the eponymous tonic wine is sold in Scotland whilst the 99% sold elsewhere round the globe causes no such problems.
It is politically convenient to hit supporters of Rangers and Celtic at the moment, as evidenced by the Offensive Behaviour at Celtic and Rangers matches bill – shame on the BBC, police and politicians who jump on a cheap soundbite to cover up the inadequacies of legislation and enforcement over many years.
re. the BBC article
http://www.bbc.co.uk/news/uk-scotland-scotland-business-24181481
The document submitted on 12 September contained no details of shareholding during the return period from the company’s date of incorporation.
Annual returns usually provide details of the identities of shareholders.
———————————————————–
So if this is ‘usual’, do they mean it is up the the company if they want to do so or not, or it it a mandatory requirement that they submit this information? Anyone know?
slimshady61 says:
September 20, 2013 at 6:57 pm
Sorry Slim, really can’t agree with this one, speak to anyone who has worked casualty, or in an emergency social work team on evenings after old firm game, and they will tell that there is a definite up tick.
scapaflow says:
September 20, 2013 at 7:15 pm
slimshady61 says:
September 20, 2013 at 6:57 pm
Sorry Slim, really can’t agree with this one, speak to anyone who has worked casualty, or in an emergency social work team on evenings after old firm game, and they will tell that there is a definite up tick.
__________________________________________________________________________________
Scapa,
I think that the A&E and domestic violence “evidence” is very compelling – but nonetheless anecdotal. There may be some justification for the intuitive belief that there is a cause and effect thing going on surrounding Celtic Rangers matches, but as Slim says, evidence has to be gathered in a rigorous, scientific manner before any remedial action is to be taken.
History is full of knee-jerk reactions causing bigger problems than those they were designed to fix.
TSFM says:
September 20, 2013 at 7:25 pm
I linked the report, as well as the Scotsman story, did you read the report?
TW says:
September 20, 2013 at 7:11 pm
Annual returns usually provide details of the identities of shareholders.
———————————————————–
So if this is ‘usual’, do they mean it is up the the company if they want to do so or not, or it it a mandatory requirement that they submit this information? Anyone know?
___________________________________
It is mandatory. You have to list all shareholders. (I leave this stuff to my accountant/wife but she tells me they threaten fines if return not made on time/incomplete).
TSFM says:
September 20, 2013 at 7:25 pm
——————————————-
Agree entirely TSFM
I would be happier if the focus of the report was actually doing something about curing the malaise of domestic abuse. Rather it seems the report – which received public money – was prepared with the sole objective of targeting a particular group of football supporters to blame and simultaneously salving the nation’s conscience.
Domestic abuse is greater on a Friday evening that a Monday morning – should we ban all Friday evenings? Domestic abuse is greater when alcohol has been consumed – should we ban all alcohol? etc.
This stain on society was around long before there was such a thing as the old firm, and surprise surprise is still very much around long after the demise of the old firm – what does that prove? What exactly was the purpose of the report, and why was it given public money – given that old firm matches no longer exist?
Domestic abuse arises through lack of education – education that should start at home and continue through school, education that ought to have as one of its main objectives the giving of respect to all.
It is all too typical of the knee-jerk society, as TSFM rightly terms it, that the police, the bleeding heart academics, the rent-a-quote politicians and the MSM latch on to this “more proof” (c. BBC Scotland) as a rod to beat football fans with – no apologies for the choice of words – the overwhelming majority of whom go to, and return from, football matches with not the slightest thought or intent to abuse anyone, verbally or physically.
I have had enough of apocryphal stories – someone told me one last year, namely that there was more domestic abuse after Scotland’s draw with Serbia than at any old Firm game in the previous 5 years. I didn’t necessarily believe that more than any of the other such stories.
Let’s have the facts and then we can decide, and let the facts cover the last 5 years and not conveniently exclude the last 2, old firm-free years.
Having some knowledge of Social Work emergency services in the past,(Standby)there are a multitude of reasons for domestic abuse,not least alcohol,unemployment,poverty.None of these are excusable,but football comes way down the list.
blu says:
September 20, 2013 at 3:47 pm
I’m with scapaflow here, it’s too simplistic a view to condemn all Rangers supporters. I can’t be the only one who’s had to endure sad, sorry bile and anger coming from so-called fans of my own team directed at both our players and opponents? A good number, far too many, of Rangers fans seem to revel in the hateful ‘nobody likes we don’t care’ nonsense but I don’t see as many paragons of virtue at real, live football matches as appear to post on TSFM on this subject.
———————————————————————————————————————————————
I have posted a number of times on the kinds of discussions I have had with decent Rangers fans, some of them family. These are good guys.
I genuinely fail to understand how they bear to be associated with Rangers as was and, possibly even more so, as is.
No insult intended.
Since I believe that all violence is reprehensible, I’m at a loss to know why statistics on domestic violence after football games are worthy of publication, analysis, debate and judgment, while statistics of sectarian violence following certain football results are deemed worthy of destruction on the orders of the Scottish “government”!
I’m sure some of my many Scottish friends can explain. 🙁
Sorry Scappa I am with Slim on this one, and this is something I do know about, the Agency I work for not only serves victims , we also have an incredible offenders program too. The abuser who only beats his partner after Celtic beat Rangers or vice versa simply does not exist. These people are abusers and abuse throughout the year. No abuser gets out of bed and thinks this is the day I will beat my partner. Abusers need to be able to control any situation and when something happens that they cannot control, this is a trigger. Abusers will usually have two or three triggers, they all have individual triggers, many will have alcohol triggers, they could just as easily be a Motherwell fan (sorry Motherwell fans) who like to gamble and the result has bust their coupon, or it could be someone doesn’t even like football but his boss does and he knows the boss will be in a bad mood all week and no-one will get any overtime, Celtic -v- Rangers games is just something that can result in multiple abusers sharing a trigger. The other point to make is that people are now much more aware of Domestic abuse and are more likely to call the Police if they hear their neighbour being abused.
Zilch says:
September 20, 2013 at 8:14 pm
back in the RTC days, someone, (Slimshady I think), posted a good piece on how peoples backgrounds helped to determine which sort club they gravitated towards. Football clubs can be a huge part of someone’s identity, criticising their club can be too big a leap for some, no matter how educated, or intelligent they might be, its a primal thing….
phoenixhere says:
September 20, 2013 at 8:17 pm
Agreed. isn’t that the point, though, one less trigger?
“Charlotte Fakeovers @CharlotteFakes 1m
Rangers lawyers spring into action this evening and successfully remove docs from Scribd.”
The infamous side letter to the 5 way agreement has been removed at the request of FFW, farting against thunder considering the number of views/downloads….
Bolted, stable doors and horses springs to mind! 😀
While correlation does not always equal causation, the emotional tension associated with an Old Firm game was huge. It was the only game that meant anything to the fans outside of Europe and it can’t be a surprise that with the tension and blanket coverage, it probably triggered incidents of abuse. Did some policeman to say something similar four or five years ago?
Maybe if Scottish football had been more competitive, there wouldn’t have been so much tension built up around these games.
Also, it’s well worth waving this report under Doncaster and Regans’ noses and pointing out the failing product they’re desperately trying to recreate has a more insidious impact than just running Scottish football into the ground.
Scapa. no you are missing the point, if there are 50 abusers who all have alcohol as a trigger, there is still 50 abusers who all have alcohol as a trigger, you just no longer have 50 abusers all drinking alcohol at the same time, if you have 50 abusers who like to gamble, you still have 50 abusers who like to gamble, they just didn’t all pick the same losing team
Danish Pastry says:
September 20, 2013 at 6:09 pm
I don’t pretend to be an expert in these things for a second but I’ll have a go for you DP. The following is my complete and utter guess at what the investigation by SFO may be looking at.
Lets say four men form a company called spivco scotland. Lets call them Mr W, Sir M, Mr R and Mr Tktus. So they each pump in money and receive a share in Spivco. Spivco use the cash to buy a distressed collection of assets going cheap. Now, given favourable trading conditions and indifferent regulatory overseeing it is decided to float a new company to the large institution MugsR’us. Part of the float is that MugsRus will receive 4 shares in the new entity (in return for dosh of course) and the 4shareholders in Spivco will also receive a share in the new entity in return for handing over their share in the original trading entity (for no dosh, of course).
Obviously the 4 original men could wait until the float is complete, wait for the shares to trade and sell their’s hopefully at a profit. Of course the 4 original men may be of the opinion that the share value will dive and want out sooner than that could happen – if doing so was, oh what’s the word -em legal?. However the ‘new entity’ has all the money generously donated by MugsRuS remember. Why don’t they use that to buy the new entity shares back off the original 4 and bob’s yer mither’s brither. Everyone’s happy (and the share price is higher than it otherwise would be).
Only they’re not happy, are they?
‘New entity’ has no cash any more (the original 4 have got it). God forbid ‘New entity’ is trading at a loss as a severe lack of cash could be disastrous for it.
Don’t panic say MugRUs there’s still the 4 original guys waiting to dip their pockets for the good of new entity. Only they’re not, are they? They’ve exchanged for cash and are long gone. God forbid ‘New entity’s’ flotation prospectus promised share exchanges to make sure we’re all in this together or something similar. And what of the shares in new entity that the 4 men sold. Why, New entity lists them on their balance sheet – they are theirs after all. They might be worthless pieces of paper, but they’re theirs for keepsies.
And finally, god forbid there are laws in place set up to specifically avoid such a ponzi scheme or artificial share price support ever being put in place. That would be really bad.
What was the point of releasing these domestic abuse stats on old firm weekends figures a year after the last ever old firm game was played .
Could it be that they think there could be even more when the tribute act reach the SFPL .which of course has changed it’s title to allow chuckles to keep his promise if needed that he will never let his new club play in the SPL.
As the CL anthem may just be a step tooooooooooooooo far
Smuggs
You paint a blue picture and I have to say you cannot be correct as for anyone to do that whilst under the intense scrutiny of the internet bampots even with the lamb eaters gorging themselves ,would have to be confident that the
Fraud squad
police
judiciary
HMRC
SFA .would all turn a blind eye .
Wait a minute ,Oh I see where you are coming from ,hell you maybe right
Smugas, i like your reasoning there.
The problem with most of these guys is they aren’t half as clever as they think they are. they have made the mistake of playing their games with a company that is not only in the public spotlight but under intense scrutiny from blogs like this.
The scary thing is there is loads of this going on and the majority is unseen.
iceman63 says:
September 20, 2013 at 3:54 pm
Peter says:
September 20, 2013 at 6:19 pm
____________
Points taken and I could have said the same, but since you did first, it’s maybe time to have a look back from a distance.Too much, but some is…
I can see that initially it was necessary to get some form of “Rangers” in senior football, and that the Highland / Lowland League entry is a decent attempt at repaying Spartans etc. who were done.
To do this Doncaster was either flying solo as CEO with responsibility for sponsorship and wet himself or he acted with the support of the Football Board, including, crucially, Celtic, via Eric Riley, when he attempted to force them into the SPL. Both I’d say.
All Chairmen underestimated the hostility from fans and our ability to organise a SB boycott, so they went into Div. 3.
Why the bending of rules, willful ignorance and tacit support for everything since? Ostensibly obvious: it was necessary to get them back. (Was it?)
Why does the SPFL website credit TRFC with the honours of another Club (TRFC after all could just as easily have been called Govan Blueshirts, with less chance of being done for Phoenixism ?)
Who is calling the shots here, and who is nodding?
The SFA? Historically culturally repugnant, but today, CO excepted, it’s hard to see the cultural power behind the throne. Someone briefed Bryson though.
Acceptance of threats, attempted torching of a Stadium, the Unseen Media Hand, whitewashes in response to demands for clarity,aggression from within and without Ibrox towards all that question the fusciaist line ? That is an active act, not passive ignorance.
The SPFL?
Why indeed? The commercial case has gone. They might as well start again for all the difference ir will make to sponsorship.
Why? Who wants what? The Culture Club want their history intact. This is paramount. The FM appears to be a Boy George fan. The SFA, SPFL, and their constituent parts want an easy life and appear to have had their fears assuaged somehow. How?
Paranoid? No that doesn’t work any more. Give me an alternative to culture and supine greed.
If you want integrity in your football, look away now, things are going to get very ugly over the next couple of years.
Macfurgly,
Agree. Regrettably though I cannot help but feel that such ugliness is being actively marketed as the intrinsic competitiveness in our game.
So Blue pitch and Margarita out and Alexander Easdale in.
I’m intrigued by early on large “embargoed until later dates” trades in he heyday of the price.
Were they “swaps” ?
Another fine mess.
IMO
Celtic will grow even better this term so the league as a contest will suffer for Celtic but why should it suffer for the other teams and their supporters .
Second place is up for grabs and so is Euro places for others ,forget the “how much will it cost the club brigade ” what will it mean to the club and fans to see the games and if they get a result how much can it make the clubs .
It is not just a British recession it’s affecting Europe as well ,glass half full people .
Right guys, we are where we are.
I can’t for the life of me see why the Kray twins are pumping money(?) into something we are all agreed is a basket case.
Follow the money we are advised, is this real money that’s being invested by the twins?
They promised to buy CG’s shares. Since CG got his shares for nowt even a penny a share is huge profit to CG and minor outlay for the twins, everybody peachy.
The Kray’s own a bus company, probably make a profit but some people are talking multi million pounds investment into 2nd Rangers……….where is this money coming from………this really stinks to he high heavens. The smellier the better, the longer the SFA says nothing, the worse for them too, times are indeed interesting.
Charlottes back
http://t.co/M48PnOYPcG
Nice to see that Companies House are now going to act and demand to know who the missing Rangers shareholders are. What is the big problem in putting pen to paper and saying who owns Rangers. Surely there isn’t some dark secret being hidden at Ibrox
But this isn’t just about TRFCL’s Annual return because that is also directly linked to the Sevco 5088 Ltd Annual Return which is also overdue by months.
Again the question has to be asked – What is the problem about revealing the owners of both companies? What or who is being hidden? And why?
ecobhoy says:
September 20, 2013 at 11:11 pm
What indeed echoboy. Surely a world class expert in reputational management must be telling both sets of his clients involved in this, that all this uncertainty is very bad for them, wouldn’t you think?
eco
what do you think regards TBKs claim against CB for the £25m because CW didn’t cough up the dough he promised at the point of sale .
Ano t sounds crazy but how many crazy decisions have gone the peepils way
And can they explain what they burnt 240k on? To the bears
Danish Pastry says:
September 20, 2013 at 6:09 pm
“You got any idea exactly what the “Unauthorised return of share capital” is…”
————————-
Could it be that some of the agreements to fund share purchases have broken down. We have witnessed how the interrelationship of companies during the shenanigans has produced chains of investments with companies holding interests in each other. Somewhere in any of these chains will be a pot of real money that holds the whole thing together.
Many of the RIFC shareholdings are obscure. If these holdings were secured using not just ‘cash’ but also the cash equivalent in shares in the purchaser’s company then this might resonate with Phil MacG’s assertion that the IPO didn’t raise as much as claimed: At least not in a reasonably liquid form (‘cash’).
If, as Hirsuit Pursuite suggested, the agreements weren’t entirely comprehensive, might this have facilitated a key investor in one of the chains to pull the plug on that funding source: Effectively reclaiming the funds that were supposed to be paying for the shares?
logging oooooot 🙂
Re CB here’s the latest I have. Someone I hope has an advance on this because I need to book a few days off for this one.
http://www.thelawyer.com/full-extent-of-rangers-fc-claims-against-collyer-bristow-laid-bare/1012303.article#
Smugas says:
September 20, 2013 at 10:11 pm
———————————————————
Even for me that is a harsh interpretation, and I have had long enough to be hardened. Not cynical, just quietly observant, as all of us who are older have been.
Nonetheless, if that’s what you think;
Marketing is commercial rather than cultural so it would have to be organised by the SPFL ….
and the marketers would have to ignore the real history…
and the SPFL includes…
and they would have to have gone along with Orange strips etc….
the msm would for sure…
but that is really dangerous ground..
and it would take Celtic fans like me a long way from the Prague Spring ethic..
and I have to say I even doubt whether the Culture Club would be comfortable with it.
I am too hardened to disagree, but who is doing it and on whose money and responsibility?
On the subject of that “world class expert in reputational management”, how’s he handling his very obvious conflict of interest?
Charlotte
FFW-Hope they provided that invoice Ken was looking for. What sort of FD authorises 240k payment without an invoice?
======================
Is this for Pinsents?
ecobhoy says:
September 20, 2013 at 11:11 pm
Nice to see that Companies House are now going to act and demand to know who the missing Rangers shareholders are. What is the big problem in putting pen to paper and saying who owns Rangers. Surely there isn’t some dark secret being hidden at Ibrox
But this isn’t just about TRFCL’s Annual return because that is also directly linked to the Sevco 5088 Ltd Annual Return which is also overdue by months.
Again the question has to be asked – What is the problem about revealing the owners of both companies? What or who is being hidden? And why?
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Is it because Spivs generally don’t like documentation. In this instance there is a pending legal case and SFO enquiry so best not to tell too many untruths.