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The All New Sevco Back in Yer Bin Thread; Taking out the trash
Topic Started: 29 Apr 2018, 04:24 PM (2,086,569 Views)
the iron tim
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Everyone's Fantasy Football first pick
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Gothamcelt
22 Jun 2018, 08:16 AM
Rangers PR team working overtime, "one of the world’s biggest clubs" and "in about 11 months’ time it will have seen us have a very successful campaign".

Season aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first season
The Light Blues are in Spain for a pre-season training camp as Gerrard and Co ready the players for the new campaign
Spoiler: click to toggle
Spoiler: click to toggle


New theme every day? Like hat day?
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DhenBhoy
Everyone's Fantasy Football first pick
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johnny88
22 Jun 2018, 08:21 AM
Darth Balls
22 Jun 2018, 08:01 AM
johnny88
22 Jun 2018, 07:08 AM

Quoting limited to 3 levels deepDave King in new court proceedings over failure to make £11m Rangers shares bid
Martin Williams @Martin1Williams
Spoiler: click to toggle
https://www.sfm.scot/to-comply-or-not-to-comply/?cid=175032
Sevco rangers football club is a company
Club/Company incorporated, yes. RIFC hold no legal footballing role.
That statement cannot be true as the SFA (or SPFL?) applied restrictions to and fined Ashley for his involvement and shareholding in RIFC.

They went to court or a tribunal and the punishment/fine was upheld, IIRC.

RIFC is recognised, according to the authorities, as the owner of the club which is why they could interfere with Ashley's involvement in RIFC.

Edit: (It's RIFC accounts which are assessed/looked at for the application for the UEFA licence, so they have a role there. However I agree they are technically not "the Club" or SFA/SPFL member and licence holder, but the authorities do have power or control over them as the club "owner" as demonstrated in the past)
Edited by DhenBhoy, 22 Jun 2018, 08:52 AM.
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Mjallby'sMane
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the iron tim
22 Jun 2018, 08:31 AM
Gothamcelt
22 Jun 2018, 08:16 AM
Rangers PR team working overtime, "one of the world’s biggest clubs" and "in about 11 months’ time it will have seen us have a very successful campaign".

Season aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first season
The Light Blues are in Spain for a pre-season training camp as Gerrard and Co ready the players for the new campaign
Spoiler: click to toggle
Spoiler: click to toggle


New theme every day? Like hat day?

Monday's theme will be finger painting, wee Josh loves it but needs to watched incase he eats the paint

Tuesday's theme is sandpit and water play

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londonroad
First name on the team-sheet
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Mjallby'sMane
22 Jun 2018, 08:38 AM
the iron tim
22 Jun 2018, 08:31 AM
Gothamcelt
22 Jun 2018, 08:16 AM
Rangers PR team working overtime, "one of the world’s biggest clubs" and "in about 11 months’ time it will have seen us have a very successful campaign".

Season aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first season
The Light Blues are in Spain for a pre-season training camp as Gerrard and Co ready the players for the new campaign
Spoiler: click to toggle
Spoiler: click to toggle


New theme every day? Like hat day?

Monday's theme will be finger painting, wee Josh loves it but needs to watched incase he eats the paint

Tuesday's theme is sandpit and water play

They should tell Josh that the paint tastes like eggs - he hates them

"It doesn't taste like omelettes Josh, it tastes like eggs"
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Kingslim
69 and counting
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Good PR from the Huns

Jabba to Flanagan "Just say you're here for the title, and they'll forget the fact you booted eff out yer missus"



Edited by Kingslim, 22 Jun 2018, 09:09 AM.
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corsica1968
Occasional Substitute
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johnny88
22 Jun 2018, 08:21 AM
Darth Balls
22 Jun 2018, 08:01 AM
johnny88
22 Jun 2018, 07:08 AM

Quoting limited to 3 levels deepDave King in new court proceedings over failure to make £11m Rangers shares bid
Martin Williams @Martin1Williams
Spoiler: click to toggle
https://www.sfm.scot/to-comply-or-not-to-comply/?cid=175032
Sevco rangers football club is a company
Club/Company incorporated, yes. RIFC hold no legal footballing role.
Sevco Scotland is a company and a football club (in the exact same way that Rangers Football Club was). It is 100% owned by RIFC plc which is also a company.

RIFC plc is owned by its many shareholders such as the fans, King, Park, Letham et al. You or I (if we were so stupidly inclined) could purchase shares in that company.

The relationship between the two is actually no different to the relationship between Murray Group plc and Rangers Football Club (except in so far as Murray Group never owned 100% of Rangers Football Club).

Three further, linked points:

1.RIFC plc should have no standing whatsoever with any football authorities as it is a holding company only (which could have interests in any number of other companies and activities just like the Fenway Sports Group). The grey area is that this is exactly what Southampton tried and failed to argue when they went bust.
2. I know sevconians cannot and will not understand this (it's a bit like explaining debt to a hun), but this is why their beloved Rangers is dead: the company and club were inseparable and indivisible (a bit like the Holy Trinity - maybe that's why they can't grasp it?) and entered liquidation together, never to be reanimated.
3. Sevco Scotland bought the "basket of assets" which did not include the "history" (as that is goodwill which disappears in liquidation). The "history" was allegedly given to Sevco Scotland by the 5-way agreement and is therefore - in my view - not actually legally enforceable.

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Wanyerma
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Always wondered why this didnt apply to Sevco:

https://www.companydebt.com/liquidation/section-216-the-re-use-of-a-liquidated-company-name/
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Tiny Tim
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corsica1968
22 Jun 2018, 09:28 AM
johnny88
22 Jun 2018, 08:21 AM
Darth Balls
22 Jun 2018, 08:01 AM

Quoting limited to 3 levels deepDave King in new court proceedings over failure to make £11m Rangers shares bid
Martin Williams @Martin1Williams
Spoiler: click to toggle
https://www.sfm.scot/to-comply-or-not-to-comply/?cid=175032
Club/Company incorporated, yes. RIFC hold no legal footballing role.
Sevco Scotland is a company and a football club (in the exact same way that Rangers Football Club was). It is 100% owned by RIFC plc which is also a company.

RIFC plc is owned by its many shareholders such as the fans, King, Park, Letham et al. You or I (if we were so stupidly inclined) could purchase shares in that company.

The relationship between the two is actually no different to the relationship between Murray Group plc and Rangers Football Club (except in so far as Murray Group never owned 100% of Rangers Football Club).

Three further, linked points:

1.RIFC plc should have no standing whatsoever with any football authorities as it is a holding company only (which could have interests in any number of other companies and activities just like the Fenway Sports Group). The grey area is that this is exactly what Southampton tried and failed to argue when they went bust.
2. I know sevconians cannot and will not understand this (it's a bit like explaining debt to a hun), but this is why their beloved Rangers is dead: the company and club were inseparable and indivisible (a bit like the Holy Trinity - maybe that's why they can't grasp it?) and entered liquidation together, never to be reanimated.
3. Sevco Scotland bought the "basket of assets" which did not include the "history" (as that is goodwill which disappears in liquidation). The "history" was allegedly given to Sevco Scotland by the 5-way agreement and is therefore - in my view - not actually legally enforceable.

Debatable whether the history was transferred under the 5 WA. Rangers' football records, yes. Whether it should have been is another matter, but as things stand, they are entitled under the 5WA to claim Rangers records. So they can claim a ECWC, but deep down, tey, and the SFA know that the club that won it was liquidated.
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DhenBhoy
Everyone's Fantasy Football first pick
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Wanyerma
22 Jun 2018, 09:47 AM
Not the same directors/owners is my guess.

Edit: And the fact the liquidators/administrators gave them permission to use it, would be another.

However the fact that their blatant assertion that they are the same business/company, i.e. a football club, is not challenged by those regulating this matter is a mystery. The answer to that could be found in the lodges, is my guess.
Edited by DhenBhoy, 22 Jun 2018, 10:11 AM.
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DhenBhoy
Everyone's Fantasy Football first pick
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Tiny Tim
22 Jun 2018, 09:51 AM
corsica1968
22 Jun 2018, 09:28 AM
johnny88
22 Jun 2018, 08:21 AM

Quoting limited to 3 levels deepDave King in new court proceedings over failure to make £11m Rangers shares bid
Martin Williams @Martin1Williams
Spoiler: click to toggle
https://www.sfm.scot/to-comply-or-not-to-comply/?cid=175032
Sevco Scotland is a company and a football club (in the exact same way that Rangers Football Club was). It is 100% owned by RIFC plc which is also a company.

RIFC plc is owned by its many shareholders such as the fans, King, Park, Letham et al. You or I (if we were so stupidly inclined) could purchase shares in that company.

The relationship between the two is actually no different to the relationship between Murray Group plc and Rangers Football Club (except in so far as Murray Group never owned 100% of Rangers Football Club).

Three further, linked points:

1.RIFC plc should have no standing whatsoever with any football authorities as it is a holding company only (which could have interests in any number of other companies and activities just like the Fenway Sports Group). The grey area is that this is exactly what Southampton tried and failed to argue when they went bust.
2. I know sevconians cannot and will not understand this (it's a bit like explaining debt to a hun), but this is why their beloved Rangers is dead: the company and club were inseparable and indivisible (a bit like the Holy Trinity - maybe that's why they can't grasp it?) and entered liquidation together, never to be reanimated.
3. Sevco Scotland bought the "basket of assets" which did not include the "history" (as that is goodwill which disappears in liquidation). The "history" was allegedly given to Sevco Scotland by the 5-way agreement and is therefore - in my view - not actually legally enforceable.

Debatable whether the history was transferred under the 5 WA. Rangers' football records, yes. Whether it should have been is another matter, but as things stand, they are entitled under the 5WA to claim Rangers records. So they can claim a ECWC, but deep down, tey, and the SFA know that the club that won it was liquidated.
So do you believe that UEFA will recognise them as the the holders of a ECWC?

Given the changes coming for coefficient points and awarding past winners points, will UEFA recognize a secret 5WA?
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allthewine
Club Captain
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Flanagan is a good player. Not sure if he is fully over his injuries though.
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spartacusthethird
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Dance as if no-ones watching, sing as if no-ones listening and live every day as if it was your last
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Mjallby'sMane
22 Jun 2018, 08:38 AM
the iron tim
22 Jun 2018, 08:31 AM
Gothamcelt
22 Jun 2018, 08:16 AM
Rangers PR team working overtime, "one of the world’s biggest clubs" and "in about 11 months’ time it will have seen us have a very successful campaign".

Season aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first season
The Light Blues are in Spain for a pre-season training camp as Gerrard and Co ready the players for the new campaign
Spoiler: click to toggle
Spoiler: click to toggle


New theme every day? Like hat day?

Monday's theme will be finger painting, wee Josh loves it but needs to watched incase he eats the paint

Tuesday's theme is sandpit and water play

Wednesdays theme is grass day but that one has been temporarily postponed.
Edited by spartacusthethird, 22 Jun 2018, 10:42 AM.
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Luca
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Off treasure hunting in Holland
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spartacusthethird
22 Jun 2018, 10:41 AM
Mjallby'sMane
22 Jun 2018, 08:38 AM
the iron tim
22 Jun 2018, 08:31 AM

Quoting limited to 3 levels deepSeason aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first season
The Light Blues are in Spain for a pre-season training camp as Gerrard and Co ready the players for the new campaign
Spoiler: click to toggle
Spoiler: click to toggle


New theme every day? Like hat day?

Monday's theme will be finger painting, wee Josh loves it but needs to watched incase he eats the paint

Tuesday's theme is sandpit and water play

Wednesdays theme is grass day but that one has been temporarily postponed.
Squad harmony might be affected if they’re singling out Lee Wallace and honouring a whole day to him...poor management.
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MILLIGANS ISLAND
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....give us a glimmer......
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allthewine
22 Jun 2018, 10:39 AM
Flanagan is a good player. Not sure if he is fully over his injuries though.
He was very decent at liverpool, he's totally lost his way since though.
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Arsene Parcelie
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¡ǝʞɐxnɟɹnɟ ɥo
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allthewine
22 Jun 2018, 10:39 AM
Flanagan is a good player. Not sure if he is fully over his injuries though.
Would he get a start in the Celtic team? The bench?

If Aberdeen or Hibs had sign(ed) a player of his calibre, would you be worried?
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johnny88
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DhenBhoy
22 Jun 2018, 08:36 AM
johnny88
22 Jun 2018, 08:21 AM
Darth Balls
22 Jun 2018, 08:01 AM

Quoting limited to 3 levels deepDave King in new court proceedings over failure to make £11m Rangers shares bid
Martin Williams @Martin1Williams
Spoiler: click to toggle
https://www.sfm.scot/to-comply-or-not-to-comply/?cid=175032
Club/Company incorporated, yes. RIFC hold no legal footballing role.
That statement cannot be true as the SFA (or SPFL?) applied restrictions to and fined Ashley for his involvement and shareholding in RIFC.

They went to court or a tribunal and the punishment/fine was upheld, IIRC.

RIFC is recognised, according to the authorities, as the owner of the club which is why they could interfere with Ashley's involvement in RIFC.

Edit: (It's RIFC accounts which are assessed/looked at for the application for the UEFA licence, so they have a role there. However I agree they are technically not "the Club" or SFA/SPFL member and licence holder, but the authorities do have power or control over them as the club "owner" as demonstrated in the past)
I cannot see Ashley anywhere in companies house for RIFC

https://beta.companieshouse.gov.uk/company/SC437060/officers
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Tiny Tim
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DhenBhoy
22 Jun 2018, 10:01 AM
Tiny Tim
22 Jun 2018, 09:51 AM
corsica1968
22 Jun 2018, 09:28 AM

Quoting limited to 3 levels deepDave King in new court proceedings over failure to make £11m Rangers shares bid
Martin Williams @Martin1Williams
Spoiler: click to toggle
https://www.sfm.scot/to-comply-or-not-to-comply/?cid=175032
Debatable whether the history was transferred under the 5 WA. Rangers' football records, yes. Whether it should have been is another matter, but as things stand, they are entitled under the 5WA to claim Rangers records. So they can claim a ECWC, but deep down, tey, and the SFA know that the club that won it was liquidated.
So do you believe that UEFA will recognise them as the the holders of a ECWC?

Given the changes coming for coefficient points and awarding past winners points, will UEFA recognize a secret 5WA?
Dunno. I know what the answer should be, but since UEFA could have put this to bed 6 years ago, I'm not putting too much faith in them.
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tomtom
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spartacusthethird
22 Jun 2018, 10:41 AM
Mjallby'sMane
22 Jun 2018, 08:38 AM
the iron tim
22 Jun 2018, 08:31 AM

Quoting limited to 3 levels deepSeason aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first season
The Light Blues are in Spain for a pre-season training camp as Gerrard and Co ready the players for the new campaign
Spoiler: click to toggle
Spoiler: click to toggle


New theme every day? Like hat day?

Monday's theme will be finger painting, wee Josh loves it but needs to watched incase he eats the paint

Tuesday's theme is sandpit and water play

Wednesdays theme is grass day but that one has been temporarily postponed.
They have a Lee Wallace day?

Note to self: Read all posts before commenting :doh:
Edited by tomtom, 22 Jun 2018, 11:25 AM.
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Kingslim
69 and counting
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MILLIGANS ISLAND
22 Jun 2018, 10:48 AM
allthewine
22 Jun 2018, 10:39 AM
Flanagan is a good player. Not sure if he is fully over his injuries though.
He was very decent at liverpool, he's totally lost his way since though.
Burnley fans didn’t think much of him :lol:
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bigkev
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DhenBhoy
22 Jun 2018, 10:01 AM
Tiny Tim
22 Jun 2018, 09:51 AM
corsica1968
22 Jun 2018, 09:28 AM

Quoting limited to 3 levels deepDave King in new court proceedings over failure to make £11m Rangers shares bid
Martin Williams @Martin1Williams
Spoiler: click to toggle
https://www.sfm.scot/to-comply-or-not-to-comply/?cid=175032
Debatable whether the history was transferred under the 5 WA. Rangers' football records, yes. Whether it should have been is another matter, but as things stand, they are entitled under the 5WA to claim Rangers records. So they can claim a ECWC, but deep down, tey, and the SFA know that the club that won it was liquidated.
So do you believe that UEFA will recognise them as the the holders of a ECWC?

Given the changes coming for coefficient points and awarding past winners points, will UEFA recognize a secret 5WA?
Sevco. A company like no other
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