Accountability via Transparency.

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Where transparency exists accountability inevitably follows.​


This is an extract from a post on SFM from 2015. The subject was Transparency and Slow Glass.

The message then was that football governance has to catch up in realising that football has to become more transparent in its dealing with supporters and so more accountable to them.
That transparency is already here via social media because of the ability to share, but the light of truth is constrained by Slow Glass.
Slow Glass from a short story by Bob Shaw slows down the light passing through it.
http://en.m.wikipedia.org/wiki/Light_of_Other_Days
In the story and others, you have Slow Glass of different thickness in terms of the time it takes for the light to emerge.
You have Glass a day thick/long to Glass ten years thick/long and more.

Resolution 12, if measured from the Celtic AGM in 2013 when it was tabled and adjourned, has taken 6 years for the light of truth to emerge, although it could have happened sooner had main stream media removed the dust of PR that slows the light, but light is inexorable and it is emerging at an archive of events since 2011 that can be read at

https://www.res12.uk/ 

It is in two parts.

Part One
relates to events in 2011/12 including a very interesting link between UEFA Licence 2011 and the commissioning of Lord Nimmo Smith to investigate use of EBTs with side letters by Rangers FC where non-disclosure benefited Rangers FC in 2011 AND 2012.


Part Two
concentrates SFA activity (or lack of it) from 2014 to date as result of the adjournment of Resolution 12 in November 2013 that provided shareholders with the authority to seek answers.
The archive has been constructed in chronological sequence to help readers understand better the detail and separate what took place in 2011/12 which is in the past, from the SFA handling of shareholders legitimate enquiries from 2014/15 to date, which remains current and is a mirror of SFA performance in respect of the national football team.
Many narratives will emerge as a result of the transparency, some Celtic related, but a system of governance, that is accountable in some way to supporters as stakeholders in the game, can only benefit the supporters of all clubs and they are encouraged to read through the archive.

As Phil Mac Giolla Bhain has written here in respect of Celtic and the SFA


https://philmacgiollabhain.ie/2019/04/03/resolution-12-information-on-new-website/


accountability has to be the outcome of transparency to wipe the face and soul of Scottish football clean.

How that is achieved will be up to Scottish football supporters everywhere to take forward via their Associations and Trusts, in collaboration with the clubs they support, but it does seem to me, and I know others with more legal experience, that the SFA would find it difficult to resist a challenge to their refusal to engage with people (in this case minority shareholders of member clubs) who are affected by decisions that they make.

326 COMMENTS

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  1. Have Hearts become the new Aberdeen when it comes to playing sevco,is big Craig taking tactical lessons from wee Deek. They started the season so well but have fallen by the wayside.

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  2. Mike Ashley lost £150m when Debenhams went"bust". Could he be about to recoup a large chunk of that from The Rangers? The outcome of the court case will be eagerly anticipated by him and a lot of others.

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  3. Should the SFA be having words with TRFC overe Mr Robinson's admission in court that he only has responsibility for day-to-day matters and takes instruction from the chair of the RIFC board for all else ?

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  4. paddy malarkey 20th April 2019 at 18:16

    '..Should the SFA be having words with TRFC overe Mr Robinson's admission in court…'

    *********

    The SFA must know the reality of the governance of TRFC Ltd, namely, that Robertson  (I think you meant to write?) is in the same servile position as Eichmann : only obeying orders!

    Telling a Court  -presumably on oath-  as much doesn't really add anything. 

    And Roberson  surely knows that whether King was/ is acting as a de facto director  does not let him (Robertson)off any hook if it were ever to come to, say, the Directors of TRFC Ltd being held personally responsible for the (alleged)'damages debt ' in the event that TRFC Ltd cannot pay and get no time to pay, but have to go into Administration.

     

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  5. paddy malarkey 20th April 2019 at 18:16
    15 0 Rate This

    Should the SFA be having words with TRFC overe Mr Robinson’s admission in court that he only has responsibility for day-to-day matters and takes instruction from the chair of the RIFC board for all else ?
    ………………….
    Seeing that Mr king has never been passed as a fit and proper person( the same as Alistair johnston, oh by the way how is that going SFA?) To take charge of any football related matters, you would expect the SFA to be all over this.
    Hello, hello the SFA, WAKE UP YOU FECKING CLOWNS.
    sorry about the language.

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  6. John Clark 20th April 2019 at 18:51
    12 0 Rate This

    paddy malarkey 20th April 2019 at 18:16

    ‘..Should the SFA be having words with TRFC overe Mr Robinson’s admission in court…’

    The SFA must know the reality of the governance of TRFC Ltd, namely, that Robertson (I think you meant to write?) is in the same servile position as Eichmann : only obeying orders!
    …………………
    Put that along with king, i did not know about anything murray did but his office was two doors down. Ogilvie it had nothing to do with me…. even though my signature is all over it.
    To Gordon smith I could not do my job, but hey the pay is good.
    to walter chairman, i don’t have the first clue what i’m doing here but if it sells season tickets and i’m getting paid great.

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  7. Cluster One 20th April 2019 at 20:21

    '…you would expect the SFA to be all over this…'

    %%%%%%%%%%%%%%%%%

    May I move a small amendment to your statement, Cluster One? 

    I move that , before the words 'you would expect' the words ' if it weren't for the 5-Way Agreement and the suspicious failure to have the Res 12 issue thoroughly and independently investigated..' should be inserted.

    Recent history, I submit, has shown that what we can 'expect ' from the SFA is deceit, double-dealing, abandonment of Sporting Integrity and a 'Governance policy' paralysis:

    and, basically, utter incompetence at Boardroom level. [ Thankfully, there are  administrative people doing a competent job of keeping the mechanics of the game functioning reasonably well, and they are not at all subject to my censure]

     

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  8. And a light-hearted anecdote: 

    I happened to be in a supermarket in the south of Edinburgh earlier today ( against my natural inclinations, of course, but wives are wives, and have to be obeyed) and there was a guy with a Scotland national team shirt on as we waited at checkout. 

    I turned to him and said " right! You've got the job!"

    His response was " Well, I couldn't be any worse than what we've had!"

    And we laughed.

     

     

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  9. Eye-catching headline from the DR;

     

    "SFA appoint former Aberdeen striker as director in first sign of boardroom shake-up

    Malcolm Kpedekpo is seen as being a major moderniser in the bid to shed the blazer culture still shaming the top of the game’s hierarchy…"

    By Gordon Waddell 06:00, 21 APR 2019

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

    Sounds promising?

    The article then goes on to disclose that this guy will actually be a Non Executive Director.

    The clue is in the name: he will have zero Executive authority to drive the long overdue changes needed at the SFA.

    He will probably attend or chair various sub-committees.

    A 'moderniser' for the SFA?  Don't think so.

     

    But…it does smack of a pathetic attempt by Petrie to soften the resistance to his upcoming, unopposed elevation to SFA President.

    A cheap PR stunt to try to appease the fans who demand change.

     

    The SFA continues to bumble along, and blithely treating the paying customers with utter contempt at every opportunity.

    angel

     

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  10. StevieBC 21st April 2019 at 10:21

    '….The article then goes on to disclose that this guy will actually be a Non Executive Director.'

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

    According to the UK Institute of Directors, non-executive directors are expected to focus on board matters and not stray into ‘executive direction.'

    They're also expected to provide independent views on standards of conduct.

    Not that I'm likely ever to be asked, I think I might find difficulty in being a non-exec director on the Board of  a sports governance body which refuses to have an open investigation into why ,by any ordinary reckoning, an unentitled club was granted a UEFA licence, deriving a few million pounds from being granted that licence: 

    or which could so abandon sporting integrity as to create the Big Lie of the  5-Way Agreement.

    Both of those matters clearly involve questions of  ethical 'conduct' in deciding what is good for the business.

     

     

     

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  11. I was just fiddling about on the SFA website (as I do from time to time) looking to see who  the current non-exec directors are ( there appears to be only one at the moment-Ana (sic) Stewart , appointed 2017), when I noticed that there is a Professor Grant Jarvie on their Equalities and Diversity Advisory Board.

    Can this be the same Prof who dismissively and deflectingly told  a gathering of (largely overseas) students) that my questioning of Regan ,who was addressing the gathering on the workings of the SFA, was just about 'a west-coast inter-club rivalry thing' ?

    Is this  rhetorical question?broken heart

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  12. I suppose with Petrie's appointment to President, the SFA is publicly signalling that it is prepared to continue ignoring its ‘2020 Vision’ objective of;

     

    "Respected and Trusted to Lead"

     

    for several more years?

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  13. Andrew Smith's (rather hidden/buried) article in the Scotsman/Scotland On Sunday:

    'As depressing as any of the myriad muck-ups exposed by the inevitable jettisoning of Alex McLeish this week was the universal shoulder-shrugging that accompanied the Scottish FA putting their latest manager out of his misery.

    The football-supporting fraternity in this country are losing their passion for the national team. And that may be the greatest charge that can be laid at the door of the SFA suits. The cataclysmic 3-0 thumping in Kazakhstan last month may have made McLeish’s position untenable. But what, it seems pertinent to ask, could ever make the positions of the SFA president or his vice-president untenable? Infuriatingly, the answer is absolutely nothing, it would seem.

    Alan McRae should have left the building after he toe-curlingly talked of bringing in a friend whose testimonial committee he had headed up three decades before when, as president, he went in front of the cameras as McLeish was introduced to the media 14 months ago. The honorary president of Cove Rangers and partner-in-crime and SFA vice-president Rod Petrie were told by everyone they wouldn’t listen to that it wasn’t right to turn to a man who had struggled in the dug-out for most of the preceding decade.

    Yet, now that everyone they chose not to listen to has been shown to have been wise ahead of the event, neither man has even fronted up to offer any pleas in mitigation for their mess: a mess they caused while the SFA was without a chief executive after Stewart Regan was forced out for a failed, and ultimately haphazard, pursuit of Michael O’Neill. At least, though, O’Neill was a figure whose attractiveness for the post was beyond question.

    McCrae will head off into the sunset in a couple of weeks at the end of a four-year tenure in which the Scottish national game has endure new lows.

    That he will be replaced by Petrie feels like a sick joke. If the pair weren’t so utterly shameless – which makes for a lethal combination when wedded to their hopelessness – they would recognise that they should have stepped away the moment they pushed McLeish out of the door. It isn’t just in the cabinet of the UK government that any notion of collective responsibility appears to have completely fractured.

    Petrie is a man who would take the charm out of any charm offensive. A shunner of public pronouncements whenever possible, as Hibernian chairman he presided over the club’s longest exile from the top flight in their history. Yet he never appeared to consider whether he ought to retain his position within the Easter Road hierarchy. An unctuous individual, the idea that he would have any input into choosing a successor to McLeish causes the heart to sink. McLeish was a symptom of the mismanagement of the national team, not the root cause of it.

    It is understood that chief executive Ian Maxwell will take charge of the recruitment process. Does anyone really believe, though,
that Petrie won’t be lurking somewhere in the background as a malevolent presence?

    The bowling club mentality that pervades as a consequence of the SFA’s structures – which Regan, to his credit, set about modernising – appears a permanent impediment to real progress. It also, ultimately, drains the association of the funding necessary to facilitate real change. Any board member of the SFA might want to consider the turn-off the national team has become to the very people that they must attract to the game. A crowd of around only 15,000 is expected when Cyprus take to the Hampden turf for a Euro 2020 qualifier on 8 June. The figure appears set irrespective of who is in charge of the Scotland team. Nevertheless, the desperate talk is of some short-term fudge even Theresa May would blanche at, with performance director Malky Mackay and under-21 manager Scot Gemmill being appointed on an interim basis. That would practically have the turnstiles grinding to a halt.

    Such an attendance would once have been an outlier at Scottish football’s home for a competitive fixture for the national side. Now, it is merely a norm, with McLeish’s four games in charge never seeing the arena even close to half full. Indeed, across the past three years, only three times have there been more than 22,000 for a Scotland game at the stadium. This apathy has taken such root that the 36,000 turn-out for the Euro 2016 qualifier against tiny Gibraltar feels as if it belongs to a different footballing lifetime.

    Maxwell must seek to adress this drop-off by avoiding the temptation to be clever-clever and ponderous in signing up a replacement for McLeish. That means quietly, and quickly, making the necessary move to put Steve Clarke in charge. The Kilmarnock manager as good as said he would be interested on Friday. There is no reason to look beyond a man whose coaching calibre is beyond dispute, in part fashioned among the glitterati of Chelsea and Liverpool. The 55-year-old has made the Rugby Park side so much more than the sum of its parts with a remarkable revitalising of the club across the past year-and-a-half.

    Scotland’s parts are burgeoning with the stratospheric gear-shifts that the careers of such as Andrew Robertson, Ryan Fraser, James Forrest, Callum McGregor, Kieran Tierney and Scott McKenna have enjoyed in the past couple of years.

    This crop, and a clutch of others, offers the sort of raw materials that Clarke has proved he would be more than capable of moulding into a competitive, effective football team.

    When he was placed in charge of Kilmarnock, then bottom of the Premiership, there was a dwindling interest in the club across the Ayrshire town – it was said this represented a permanent decline. He demonstrated that this wasn’t the case. As an audition for Scotland, it seems entirely apposite.'

    https://www.scotsman.com/sport/football/andrew-smith-it-s-time-the-leaders-at-hampden-paid-for-their-failings-1-4912219

     

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  14. Jingso.Jimsie 21st April 2019 at 19:39

    '..Andrew Smith's (rather hidden/buried) article…'

    I disagree with Andrew Smith  when he says 'The football-supporting fraternity in this country are losing their passion for the national team. And that may be the greatest charge that can be laid at the door of the SFA suits' . 

    In the abstract, and speaking in the most general terms, surely the greatest charge that can be laid at the door of any sports governance body is that it itself is a cheat!

    Honest men can be incompetent, inefficient, ineffective. (I myself have occasionally been described as being   all three, sometimes simultaneously, and in highly colourful language, at that!) 

    And, of course, they have to be replaced  by competent people.

    Dishonest men , however gifted in terms of competence, efficiency and effectiveness, are a different kettle of fish.

    And dishonesty  concomitant with incompetence etc would be a right recipe for disaster.

    Wouldn't one say?

     

     

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  15. The Sevco 5088 case has been niggling away at my disjointed memory synapses .

    I know that at some point the word 'novated' appeared somewhere as an explanation why SevcoScotland's name surprisingly appeared on the SAP agreement instead of Sevco5088.

    Can anyone pinpoint where that was, who used it and in what context? Was it the Administrators, or CG, or someone in the SMSM? 

    I can remember that at the time I wondered whether Sevco5088 had simply changed its name, (in the same way that RFC plc changed it name to RFC 2012 to mislead people into thinking that it was some entity other than Rangers of 1872 that went into Liquidation!) 

    If there had been 'novation' then there would have to have been a SAP agreement that had been signed by Sevco 5088. If there was/is no such document, then whoever trotted out the 'novation' explanation was lying. 

    Of all the many liars variously involved in the saga, who was it in particular that thought of the 'novation' idea?

     

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  16. JohnClark@22.54

    I think you might be thinking of a deed of novation which I believe is the legal document required in transfer of ownership? Again from memory this document required the signatures of Messrs Whyte and Green but there was some doubt over the authenticity of one of these gentleman’s signature. 

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  17. JC,

    Imran Ahmad provided Sevco 5088 with a £200k loan before the existence of the current club (TRFC) or its holding company (RIFC).

    Thr RIFC board agreed to repay this loan on the basis that Charles Green was the sole shareholder and director of Sevco 5088 (and therefore a related party to RIFC).

    My memory says that the debt was purportedly novated from Sevco 5088 to Sevco Scotland on the word of CG and IA – but no paperwork was ever produced.

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  18. Ex Ludo 22nd April 2019 at 00:35

    HirsutePursuit 22nd April 2019 at 00:47

    easyJambo 22nd April 2019 at 00:54

    *****

    And it all comes back to me. Thank you, gentlemen all.

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  19. I’ve just read the Ecojon blog and it highlights yet again, as if it was needed, that nothing in this entire saga has ever been straightforward. TRFC, born in confusion and riddled with mysteries ever since.

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  20. I think the SFA blazers may have heard the fans' complaints regarding the McLeish appointment.

     

    I fully expect an announcement in due course;

    The SFA's very own 'Dream Team' of

     

    Malky Mackay as manager.

    Scott Gemmill as assistant.

     

    Both available.  Both cost nothing.

     

    Mibbees an interim arrangement, but if they actually beat Cyprus… well who knows…

     

    If the diddies at Hampden want to complete their ruination of the national set up, then another dreadful appointment should do the trick.

     

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  21. Re the Tale of Two Sevcos.

     

    Was there not something about the SFA making enquiries (i know, i know its almost inconceivable) about the ownership of 5088 and suspecting it was Whyte?

    If it was Whyte then as personal non grata Sevco could not have been admitted to the SPL or SL because he was not a fit and proper person.

    Therefore, Sevco Scotland was required to take the place of 5088 apparently without Whyte.

    Green gets paid off through the AIM proceeds and as the Switcheroo becomes public (through the CF material) he manufactures an excuse (racist comments about Ahmed) and resigns pretty quickly.

    Whytes pay off is the court case settlememt the nuisance value 5088 causes and because he was only ever interested in the asset value of old Rangers. That is his "business"

    Notwithstanding the novation it doesn't take away the basic fact that the SFA were Party to an agreement they suspected an unfit person was involved in.

     

     

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  22. Bogs Dollox 22nd April 2019 at 12:45
    Green gets paid off through the AIM proceeds and as the Switcheroo becomes public (through the CF material) he manufactures an excuse (racist comments about Ahmed) and resigns pretty quickly.
    ……………………..
    I often found it strange after charles left the building and was fined ny the SFA for that.(racist comments about Ahmed) He came back as a consultant during an ibrox power grab.
    https://mobile.twitter.com/ClusterOne2/status/1120311811792936960?p=v

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  23. Bogs Dollox 22nd April 2019 at 12:45 Green gets paid off through the AIM proceeds and as the Switcheroo becomes public (through the CF material) he manufactures an excuse (racist comments about Ahmed) and resigns pretty quickly. …………………….. I often found it strange after charles left the building and was fined ny the SFA for that.(racist comments about Ahmed) He came back as a consultant during an ibrox power grab.
    Ghttps://mobile.twitter.com/ClusterOne2/status/1120311811792936960?p=v
    SORRY FOR DOUBLE POST

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  24. Belated Easter Greetings everyone

    There appears to be a growing consensus on Twitter that the way ahead for Auldheid and his Res 12 pals is to leave the Celtic-sphere behind and concentrate on raising support on a wider basis amongst fans of other clubs. Perhaps try to crowd-fund legal representation for a challenge to the SFAs refusal to engage with shareholders of any club.

    My feeling is that the clubs would do almost anything to avoid a challenge in court to that rather dubious tenet of their own supremacy – perhaps even tell the truth to avoid it?

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  25. Big Pink 22nd April 2019 at 15:56
    Happy easter.
    …………………
    My feeling is that the clubs would do almost anything to avoid a challenge in court to that rather dubious tenet of their own supremacy – perhaps even tell the truth to avoid it?
    ………………….
    I believe it is now time for a challenge in court.
    Let’s see who blinks first.

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  26. Big Pink 22nd April 2019 at 15:56

    '..My feeling is that the clubs would do almost anything to avoid a challenge in court to that rather dubious tenet of their own supremacy – perhaps even tell the truth to avoid it?'

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

    And Easter greetings to you, BP -and everyone else, too.

    Whatever Professor Jarvie would have foreign students believe),the Res 12 issue and the 5-Way Agreement are matters that affect Scottish Football as  whole, in that they suggest that there may have been malfeasance on the part of the very Governance body itself.

    No rational and sensible football supporter of any club can shrug his/her shoulders and simply accept the possibility that the sport may be rotten to the core. For the good of the game, and the good of any club and team participating in the sport, Governance has to be the very essence of Integrity and trust.

    Our Governance body MUST be made to accept that they are accountable , and that the days of secrecy masquerading as 'commercial confidentiality' or some such cant are well and truly over.

    They must govern. Of course they must. But they must govern openly and honestly and be prepared to answer legitimate questions raised about decisions made which prima facie  raise serious doubts about their Integrity.

    So I'm all in favour of  working towards getting the Courts involved if possible. 

    Civil actions are expensive, though. My preference would be ( if it has not already been done) to get a criminal lawyer's opinion as to whether what we have on the Res 12 issue could be taken to the Polis with a request for investigation into whether a crime has been committed.

    If that is a no-goer, or if it is tried and the Polis refuse to investigate, or if, having done so ,their (or the PF's) conclusion is that a criminal prosecution cannot/will not be brought, then an approach through the civil Courts could be tried ( finances permitting).

     

     

     

     

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  27. I think the major problem with the governance of Scottish football is that there are an awfy lot of skeletons rattling around in an awfy lot of cupboards , and there is a fear that an outsider will defenestrate all the committee men , past and present by going public . (Dave likes big words ). A lot of reputations will need to be defended .

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  28. paddy malarkey 22nd April 2019 at 21:49

    '….there is a fear that an outsider will defenestrate all the committee men ,.'

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

    What a lovely picture that conjures up:defenestration from the 6th Floor of Hampden!

    That's quite a long way ,physically ,to fall.broken heart but nowhere near as long as the moral fall from Integrity, Truth ,Honour and the Sporting Ideal.

     

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  29. The simple fact that Petrie – of all people – is set to become SFA President is transparent validation that the SFA doesn't understand or desire accountability at Hampden.

     

    Petrie's promotion is a crude, two fingered salute to all us numpties who have poured so much money, time and emotion into a corrupt Scottish game.

     

    But, it is OUR game and always will be our game.

     

    And it will be the fans – as in 2012 – who will ultimately have to impose their will on the SFA – and the clubs as well.

     

    It could be via crowdfunded activity and/or boycotts of national games, Hampden, Scottish Cup ties, merchandise, etc.

     

    The SFA only understands money.

     

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  30. Big Pink 22nd April 2019 at 15:56

    ———–

    Makes sense at this stage. I don't Twitter so I don't know how the momentum is gathering, but the only success so far has been through the mobilisation of fans' views on the issue of where Sevco (Club 12?) would be admitted to the leagues and thereby play Brechin.

    Auldheid and friends would need to recruit influential and respected members of other clubs' communities to make the case to the fans' forums though, there is a lot of ignorance out there and a lot of misinformation through the smsm that this is a Celtic / "Old Firm" / West of Scotland thing.

    I would guess that there would be a will among fans to support Res. 12, even if only through disaffection, but the case would have to be made simply and in such a way that fans can clearly see how their own club has been disadvantaged.

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  31. macfurgly 22nd April 2019 at 23:07

    '..there is a lot of ignorance out there and a lot of misinformation through the smsm that this is a Celtic / "Old Firm" / West of Scotland thing.'

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

    Yes.

    There is a doctoral thesis for some graduate ( perhaps not for an Edinburgh University graduate!) in examining how the entire Press corps in Scotland operated as de facto propagandists on behalf of a corrupt sports club and a corrupt sports governance body. If not in actual words, by their silence!

    From the day that Mark Daly (praise to him and his BBC producers at the time) exposed the EBT stuff there has been nothing like a serious investigation into the dirty work, and nothing like any kind of journalistic insistence that the SFA should bloody well answer the hard questions about possible complicity in the dirty work that Rangers FC of 1872 was involved in  and the even dirtier mess of SevcoScotland and the 5-Way Agreement.

    There has not been one journalist who has openly acknowledged that Rangers FC of 1872 was liquidated in the same way as Gretna, and like Gretna, ceased to exist as a participating football club in Scottish professional football.

    They have all bought into the fiction that 'Rangers' merely changed hands. The facts are so to the contrary that that makes them actually liars. They know the truth, but lie to themselves and to us.

    Routinely.

     

     

     

     

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  32. macfurgly 22nd April 2019 at 23:13

    '..New retail arrangement signed with the UK’s largest sports retailer, Sports Direct '

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

    A belly laugh indeed!angry

     

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  33. John Clark 22nd April 2019 at 23:57

    Rate This

    —–

    "Following the rejection of a Company Voluntary Arrangement by creditors, the Rangers Football Club plc was put into liquidation and subsequently Rangers International Football Club plc was created, incorporating The Rangers Football Club Ltd into the Group".

    Que?

    I can only hear that in the voice of Groucho Marx, as in, "The Party of the First Part… " 

    There is no Sanity Clause.

    .

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  34. John Clark 22nd April 2019 at 23:57

    Rate This

    ———–

    "We were delighted to have listed on AIM, a market operated by the London Stock Exchange in December 2012; it represents a key milestone in our plans for bringing Rangers back to its glory days".

    Indeed.

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  35. John Clark 22nd April 2019 at 23:57

    Rate This

    "It is essential, however, that the Club does not over-extend itself in future as such an approach is unsustainable, regardless of the playing environment".

    Wise.

    …and so on.

     

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  36. macfurgly 23rd April 2019 at 00:30

    '..the Rangers Football Club plc was put into liquidation and subsequently Rangers International Football Club plc was created, incorporating The Rangers Football Club Ltd into the Group".

    ******

    What an absolute distortion of the truth that was! No mention of  the SevcoScotland application to join the SFA as a new club. 

    I just wish I had the money to get right into that , to my mind, wholly false IPO  prospectus . 

    In my opinion, pure unadulterated lies were foisted upon the stock market and potential investors by those who marketed SevcoScotland/TRFC ltd as being continuity Rangers of 1872.

    And were too readily believed. And unquestioned.

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