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    Comment on Bad Money? by OttoKaiser.

    Intersting, from the 2011-12 UEFA Regs.:

    Article 3 Integrity of the competition 3.01 To ensure the integrity of the UEFA club competitions, the following criteria apply: a) no club participating in a UEFA club competition may, either directly or indirectly: i) hold or deal in the securities or shares of any other club participating in a UEFA club competition,

    https://www.uefa.com/MultimediaFiles/Download/Regulations/competitions/Regulations/01/63/02/44/1630244_DOWNLOAD.pdf

    Now, when did the bold Craig sell those shares!?

    Seems the rule was in place prior to 2011/12 season also so on that basis, old incarnation would seem to fall afoul of that rule as Arsenal were in CL alongside them in 2010-11 and 11-12 and would have been in contravention every other year the rule was in force and both played in UEFA competition.

     

    OttoKaiser Also Commented

    Bad Money?
    tykebhoy 11th July 2019 at 13:55

    John Clark 11th July 2019 at 16:31

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

    Nice detective work chaps! And the UEFA document confirms:

    https://www.uefa.com/MultimediaFiles/Download/Regulations/uefaorg/Regulations/02/55/82/82/2558282_DOWNLOAD.pdf

    Clause 42.01 – 43.04 specifically.

    I guess it comes down to what list they put the goalkeeper on. I'm not sure if UEFA makes those documents publicly available.

    Having a dig through that UEFA doc. this also caught my eye:

    5.01 To ensure the integrity of the UEFA club competitions, the following criteria apply: a. No club participating in a UEFA club competition (i.e. UEFA Champions League and UEFA Europa League) may, either directly or indirectly: i. hold or deal in the securities or shares of any other club participating in a UEFA club competition;

    I am not sure when this rule came into being but I am fairly certain the previous incarnation held shares in Arsenal until Craig Whyte sold them off.

    A Catch-22 argument possibly in the making viz. Holding shares in another club in contravention of above rule; no that was a different club / Playing a keeper listed (potentially) in the incorrect list; no, its the same club!

     

     


    Recent Comments by OttoKaiser

    Accountability via Transparency.
    IIRC the case between Orlit Enterprises and TRFC Ltd. was scheduled for the Sheriff Court the week before last over the disputed £200k "finders fee".

    Anyone know if it in fact took place?

     

    Seems to have dragged on since 2013!


    Accountability via Transparency.
    Just on a quick skim read it seems that all of the arguments put forward by Rangers failed and that, quelle suprise, they are looking to go to the Court of Appeal 


    Accountability via Transparency.
    Judgement published:

    http://www.bailii.org/ew/cases/EWHC/Comm/2019/1419.html


    Accountability via Transparency.
    John Clark 29th April 2019 at 17:26

    bordersdon 29th April 2019 at 20:52

    ————————————————-

    Not sure if the judgements drop elsewhere quicker but they are usually uploaded here eventually:

    https://www.bailii.org/ew/cases/EWHC/Comm/2019/

    The previous judgements are up there in Feb/March.

    Purely going by the general trend between hearing and judgement being handed down it looks to be 3-4 weeks, so might be a few weeks yet before anything is heard.

     


    We’re Gonny Need Another Baw.
    https://www.bailii.org/ew/cases/EWHC/Comm/2019/207.html

     

    For those interested in the most recent round of litigation (SDI vs. RFC Ltd.)