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    Comment on Bad Money? by John Clark.

    Ex Ludo 5th August 2019 at 22:34

    '..I sense another summit on the horizon.'

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

    Ah, yes.Probably.

    And what will it be but  another bumping of the gums of gutless members of the football establishment whose commitment to the Big Lie renders them utterly untrustworthy and devoid of any kind of moral authority , in conjunction with  politicos (even more untrustworthy by definition!), and with a wholly partisan, monocular SMSM  ready to misreport if need be?

     

    John Clark Also Commented

    Bad Money?
    easyJambo 7th August 2019 at 00:06

    '..then they collectively control 81%, so more than enough to vote through anything they want.#

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

    I thought I had seen a reference in something from the TOP to the effect that the concert party could not use the additional shares they were allowed to obtain to increase their voting power or some such. I didn't understand it then ( couldn't really see how they could be denied the voting rights attached to the extra shares) and am probably mistaken. . Any recollection?


    Bad Money?
    'Disgraced MP struck off as Solicitor'.(page 13 report in today's print version of 'The Scotsman')

    Why was she struck off?

    Oohhhh? because she had been convicted of lying to the Police/CPS to try to escape a speeding conviction.

    Question: what might happen were a solicitor in Scotland to be publicly belted in a Judgment by a High Court of Chancery Judge for telling an untruth  in  written submission to the Court aimed at misleading the Court? 

    One wonders!

    ( and one wonders again at a little additional piece to the report: the Solicitors Regulation Authority had asked for £22,762 costs of their strike-off action. They were awarded £6,562 -because the Chairman of the Solicitors Disciplinary Tribunal had "anxiety about the number of hours that have been claimed" [40 hours]

    Surely our solicitors do not deliberately overclaim ( or lie!) or even make honest mistakes on such a scale in calculating what work they have done?

     


    Bad Money?
    What is it about people in the world of finance generally and any relationship with factual truth?

    Here is a statement I just came across this morning. It is in the business magazine insider.co.uk on 29/05/19. Ken Symon (reporter) cites it as a quotation from the lips of one Ken Pattullo, of Begbies Traynor (Scotland)LLP:

    " “The huge waves caused by Rangers’ administration and subsequent journey through the tables have now settled down, [my italics] and to some degree have contributed to benefiting and stabilising other clubs.”

    What kind of 'insolvency' practitioner' can Mr Pattullo be, I wonder, if he doesn't know his arm from Liquidation, and fondly imagines either that a liquidated football club can exist in Scottish Football or that a new club founded in 2012 and admitted for the first time to the SFA in 2012 can be the very same club that even now is awaiting final dissolution by Companies House?

    I do not think I will be recommending Begbies Traynor LLP to anyone as any kind of expert company.

    [I'm not gong to waste time checking if there is any relationship between the 'Traynors' or the 'Pattullos', other than a shared capacity to deny a plainly obvious fact:that RFC of 1872 was Liquidated, and did not make any kind of 'journey through the tables'.]

    Honest to God!


    Recent Comments by John Clark

    Celtic’s Questions to Answer
    bigboab1916 17th November 2019 at 22:15 

    '…Reading this I would be inclined to think if I purchased shares they would be shares in a club established in 1872, surely this is misleading the public, ..'

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

    Precisely. 

    And the fact that a query four and a half months ago from a member of the public on the point  has not been replied to kind of suggests, to me at least, that the FCA might have a wee problem.

    If they saw, and see, nothing wrong in their authorisation of the IPO all they have to do is say so, and explain how so to simple minds. 

    Just as the SFA, if they think the award of a UEFA licence to Whyte's 'Rangers' was legitimate, could simply produce the evidence and shut us all up.

    Neither the SFA nor the FCA has taken that course.

    There might be some excuse for the numpties in office as members of the governance bodies of a sport( non-statutory, private companies) 

    There can be no excuses for a body which, charged under statute to ensure that potential investors are not misled by false information given in an IPO prospectus, nevertheless authorises the publication of an untrue and misleading prospectus!

    I speculate that just as the SFA has a problem, so does the FCA.

    Ultimately all due to SDM!

     

     

     

     


    Celtic’s Questions to Answer
    Cluster One 17th November 2019 at 20:31

    '..That got me thinking (I know, i know)
    I have had a look but could only find this.'

    You may be better placed to find the court transcripts better than me.

    ++++++++++

    Thank you, Cluster One. The relevant reference is to

    Green v Rangers International Football Club Plc [2017] ScotCS CSOH_90 (22 June 2017)

    This was the judgment in the Green claim (in 2015) to have his trial expenses paid, that was not published until 2017 because at the time of the original hearing the criminal trial was still not concluded.

    I think it was reading that judgment that must have made me , a long time afterwards, think about looking at the IPO prospectus: at the time, I have to say , I scarcely was able to grasp the arguments about whether Green was or was not the CEO of RIFC plc or only the CEO of SevcoScotland /TRFC Ltd  ( and note how Sevco 5088 is mentioned with no indication of why it  is replaced by SevcoScotland!)

    If nothing else that judgment is a comfort to me in that it is clear that other minds were thinking that the IPO Prospectus may have been misleading to potential investors, and not the feverish  fantasy of some Australian-tanned, sculpted-bodied but geriatric arthritic 'Rangers hating' practitioner of natation.

    The link to the judgment is:

    https://www.bailii.org/cgi-bin/format.cgi?doc=/scot/cases/ScotCS/2017/[2017]CSOH90.html&query=(charles)+AND+(alexander)+AND+(green)

     

     


    Celtic’s Questions to Answer
    Cluster One 17th November 2019 at 17:42

    '..I wonder if they still have this.'

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

    Ha, ha, Cluster One, you can fairly dig out the material!  Your archive material must be worth a small fortune.


    Celtic’s Questions to Answer
    Allyjambo 17th November 2019 at 15:25!..

    '…I'd even open that challenge up to any of the millions of words written by all and sundry about Rangers FC that just might hint, even slightly, to the existence of two Rangers entities prior to the club failing to achieve a CVA in 2012'

    +++++++++++

    Ah but.but..but, Aj, we had the omniscient, omnipotent (but now defunct itself) BBC Trust  AND the Advertising Standards Agency ( like they would know!) telling the BBC and the rest of us that there was a dead club and a continuing entity that was not to be referred to as a new club"-silly, deceitful oul' s. ds and s.desses that they were!

    You are absolutely right : the Big Lie simply must be defeated and the truth proclaimed .

     


    Celtic’s Questions to Answer
    Timtim 17th November 2019 at 13:51

    the signature is of Douglas Odam  the finance Director"..

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

    That sent me on an enjoyable trawl through Companies House and sundry other interesting bits and pieces more or less loosely related to "Rangers"

    Not the least interesting item ( in a general knowledge kind of way) is that Murray International Holdings which was dissolved following liquidation on 29 January 2016 was restored [under section 1029 of the Companies Act 2006] to the register by Lord Doherty on 21st February 2017 on the petition of one Samantha Thomson 

    link 2OhBbSqE%2FhZq03gVTz51nTGw%3D%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=84a44313391c8658ce9f2a3d49aea030b5f4834ffacf4999942b93126b88ec92

    [ CH entry  " 21 Mar 2017Order of court – dissolution void"]

    It was dissolved again on 27 March 2018.

    Of interest in understanding how the arch-cheat dumped Rangers of 1872 in the proverbial while looking after himself it's worth having a look ( if you haven't already done so previously- (it was new to me) have a read at

    https://www.insider.co.uk/news/revealed-how-murray-international-holdings-10575967

    It makes my broadly socialist head birl to visualise all the (no-doubt perfectly legal ) multiplication of companies  and interlinked deals and swops.