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The All New Sevco Back in Yer Bin Thread; Taking out the trash
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Topic Started: 29 Apr 2018, 04:24 PM (2,086,569 Views)
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the iron tim
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22 Jun 2018, 08:31 AM
Post #9141
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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 seasonThe 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 By Alan Potts MICHAEL BEALE insists Steven Gerrard wants to make sure the Rangers players have fun at work. The new Ibrox first-team coach believes creating an enjoyable work environment will help bring success on the park. The former Chelsea, Liverpool and Sao Paulo coach has been impressed with how the squad have adapted to the new regime. Beale refused to reveal what their targets are for the season, but he says that doesn’t mean the players don’t know them. He said: “Football is a simple game and I think as a staff we have to make it simple and fun. “You are working for one of the world’s biggest clubs so we are in a privileged position and it is important we remember that. “What we are trying to do is theme each day so we give them one or two messages each day. We don’t want to race ahead, this is a period of time where we lay strong foundations. “We are improving our mentality and standards as a group, our understanding of each other, our physical and mental fitness. Diet and nutrition, we are controlling that and slowly but surely we are pulling the team together. “There will be incomings and outgoings pretty much every other day, but that will calm down over the coming weeks. “We are building strong foundations now so in about 11 months’ time it will have seen us have a very successful campaign. “I don’t think anyone is shouting out high aims but that doesn’t mean in house we aren’t setting them. “I don’t think things could have gone any better. Everything is so positive and new and the players are on their best behaviour.” Speaking to Rangers TV, he added: “Everyone at the club has been fantastic on and off the pitch. “I couldn’t be happier and having experienced other clubs I feel right at home here and that is a good sign.” https://www.thescottishsun.co.uk/sport/football/2820642/michael-beale-steven-gerrard-rangers-targets-laid-down-players-first-season/
Spoiler: click to toggle
New theme every day? Like hat day?
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DhenBhoy
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22 Jun 2018, 08:36 AM
Post #9142
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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 deep Dave King in new court proceedings over failure to make £11m Rangers shares bidMartin Williams @Martin1Williams Spoiler: click to toggle REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares. It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues. Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there. The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”. The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26. Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK. Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley. That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced. It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers. It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006. Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information. The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling. On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money. The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds. Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4". Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him. During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless." Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming. A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4. He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018". Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply." He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.” The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015. But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming". In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015. But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share. Lord Carloway on March 1 announced that a fresh appeal would be refused. Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". http://www.eveningtimes.co.uk/news/16305959.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/ 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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22 Jun 2018, 08:38 AM
Post #9143
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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 seasonThe 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 By Alan Potts MICHAEL BEALE insists Steven Gerrard wants to make sure the Rangers players have fun at work. The new Ibrox first-team coach believes creating an enjoyable work environment will help bring success on the park. The former Chelsea, Liverpool and Sao Paulo coach has been impressed with how the squad have adapted to the new regime. Beale refused to reveal what their targets are for the season, but he says that doesn’t mean the players don’t know them. He said: “Football is a simple game and I think as a staff we have to make it simple and fun. “You are working for one of the world’s biggest clubs so we are in a privileged position and it is important we remember that. “What we are trying to do is theme each day so we give them one or two messages each day. We don’t want to race ahead, this is a period of time where we lay strong foundations. “We are improving our mentality and standards as a group, our understanding of each other, our physical and mental fitness. Diet and nutrition, we are controlling that and slowly but surely we are pulling the team together. “There will be incomings and outgoings pretty much every other day, but that will calm down over the coming weeks. “We are building strong foundations now so in about 11 months’ time it will have seen us have a very successful campaign. “I don’t think anyone is shouting out high aims but that doesn’t mean in house we aren’t setting them. “I don’t think things could have gone any better. Everything is so positive and new and the players are on their best behaviour.” Speaking to Rangers TV, he added: “Everyone at the club has been fantastic on and off the pitch. “I couldn’t be happier and having experienced other clubs I feel right at home here and that is a good sign.” https://www.thescottishsun.co.uk/sport/football/2820642/michael-beale-steven-gerrard-rangers-targets-laid-down-players-first-season/
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
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22 Jun 2018, 08:50 AM
Post #9144
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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 seasonThe 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 By Alan Potts MICHAEL BEALE insists Steven Gerrard wants to make sure the Rangers players have fun at work. The new Ibrox first-team coach believes creating an enjoyable work environment will help bring success on the park. The former Chelsea, Liverpool and Sao Paulo coach has been impressed with how the squad have adapted to the new regime. Beale refused to reveal what their targets are for the season, but he says that doesn’t mean the players don’t know them. He said: “Football is a simple game and I think as a staff we have to make it simple and fun. “You are working for one of the world’s biggest clubs so we are in a privileged position and it is important we remember that. “What we are trying to do is theme each day so we give them one or two messages each day. We don’t want to race ahead, this is a period of time where we lay strong foundations. “We are improving our mentality and standards as a group, our understanding of each other, our physical and mental fitness. Diet and nutrition, we are controlling that and slowly but surely we are pulling the team together. “There will be incomings and outgoings pretty much every other day, but that will calm down over the coming weeks. “We are building strong foundations now so in about 11 months’ time it will have seen us have a very successful campaign. “I don’t think anyone is shouting out high aims but that doesn’t mean in house we aren’t setting them. “I don’t think things could have gone any better. Everything is so positive and new and the players are on their best behaviour.” Speaking to Rangers TV, he added: “Everyone at the club has been fantastic on and off the pitch. “I couldn’t be happier and having experienced other clubs I feel right at home here and that is a good sign.” https://www.thescottishsun.co.uk/sport/football/2820642/michael-beale-steven-gerrard-rangers-targets-laid-down-players-first-season/
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
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22 Jun 2018, 09:09 AM
Post #9145
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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
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22 Jun 2018, 09:28 AM
Post #9146
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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 deep Dave King in new court proceedings over failure to make £11m Rangers shares bidMartin Williams @Martin1Williams Spoiler: click to toggle REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares. It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues. Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there. The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”. The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26. Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK. Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley. That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced. It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers. It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006. Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information. The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling. On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money. The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds. Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4". Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him. During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless." Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming. A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4. He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018". Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply." He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.” The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015. But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming". In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015. But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share. Lord Carloway on March 1 announced that a fresh appeal would be refused. Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". http://www.eveningtimes.co.uk/news/16305959.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/ 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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22 Jun 2018, 09:47 AM
Post #9147
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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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22 Jun 2018, 09:51 AM
Post #9148
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"a Premier League player in all but status"
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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 deep Dave King in new court proceedings over failure to make £11m Rangers shares bidMartin Williams @Martin1Williams Spoiler: click to toggle REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares. It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues. Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there. The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”. The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26. Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK. Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley. That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced. It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers. It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006. Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information. The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling. On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money. The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds. Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4". Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him. During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless." Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming. A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4. He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018". Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply." He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.” The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015. But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming". In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015. But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share. Lord Carloway on March 1 announced that a fresh appeal would be refused. Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". http://www.eveningtimes.co.uk/news/16305959.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/ 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
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22 Jun 2018, 09:56 AM
Post #9149
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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
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22 Jun 2018, 10:01 AM
Post #9150
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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 deep Dave King in new court proceedings over failure to make £11m Rangers shares bidMartin Williams @Martin1Williams Spoiler: click to toggle REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares. It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues. Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there. The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”. The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26. Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK. Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley. That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced. It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers. It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006. Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information. The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling. On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money. The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds. Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4". Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him. During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless." Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming. A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4. He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018". Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply." He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.” The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015. But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming". In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015. But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share. Lord Carloway on March 1 announced that a fresh appeal would be refused. Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". http://www.eveningtimes.co.uk/news/16305959.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/ 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
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22 Jun 2018, 10:39 AM
Post #9151
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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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22 Jun 2018, 10:41 AM
Post #9152
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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 seasonThe 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 By Alan Potts MICHAEL BEALE insists Steven Gerrard wants to make sure the Rangers players have fun at work. The new Ibrox first-team coach believes creating an enjoyable work environment will help bring success on the park. The former Chelsea, Liverpool and Sao Paulo coach has been impressed with how the squad have adapted to the new regime. Beale refused to reveal what their targets are for the season, but he says that doesn’t mean the players don’t know them. He said: “Football is a simple game and I think as a staff we have to make it simple and fun. “You are working for one of the world’s biggest clubs so we are in a privileged position and it is important we remember that. “What we are trying to do is theme each day so we give them one or two messages each day. We don’t want to race ahead, this is a period of time where we lay strong foundations. “We are improving our mentality and standards as a group, our understanding of each other, our physical and mental fitness. Diet and nutrition, we are controlling that and slowly but surely we are pulling the team together. “There will be incomings and outgoings pretty much every other day, but that will calm down over the coming weeks. “We are building strong foundations now so in about 11 months’ time it will have seen us have a very successful campaign. “I don’t think anyone is shouting out high aims but that doesn’t mean in house we aren’t setting them. “I don’t think things could have gone any better. Everything is so positive and new and the players are on their best behaviour.” Speaking to Rangers TV, he added: “Everyone at the club has been fantastic on and off the pitch. “I couldn’t be happier and having experienced other clubs I feel right at home here and that is a good sign.” https://www.thescottishsun.co.uk/sport/football/2820642/michael-beale-steven-gerrard-rangers-targets-laid-down-players-first-season/
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.
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Luca
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22 Jun 2018, 10:46 AM
Post #9153
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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 deep Season aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first seasonThe 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 By Alan Potts MICHAEL BEALE insists Steven Gerrard wants to make sure the Rangers players have fun at work. The new Ibrox first-team coach believes creating an enjoyable work environment will help bring success on the park. The former Chelsea, Liverpool and Sao Paulo coach has been impressed with how the squad have adapted to the new regime. Beale refused to reveal what their targets are for the season, but he says that doesn’t mean the players don’t know them. He said: “Football is a simple game and I think as a staff we have to make it simple and fun. “You are working for one of the world’s biggest clubs so we are in a privileged position and it is important we remember that. “What we are trying to do is theme each day so we give them one or two messages each day. We don’t want to race ahead, this is a period of time where we lay strong foundations. “We are improving our mentality and standards as a group, our understanding of each other, our physical and mental fitness. Diet and nutrition, we are controlling that and slowly but surely we are pulling the team together. “There will be incomings and outgoings pretty much every other day, but that will calm down over the coming weeks. “We are building strong foundations now so in about 11 months’ time it will have seen us have a very successful campaign. “I don’t think anyone is shouting out high aims but that doesn’t mean in house we aren’t setting them. “I don’t think things could have gone any better. Everything is so positive and new and the players are on their best behaviour.” Speaking to Rangers TV, he added: “Everyone at the club has been fantastic on and off the pitch. “I couldn’t be happier and having experienced other clubs I feel right at home here and that is a good sign.” https://www.thescottishsun.co.uk/sport/football/2820642/michael-beale-steven-gerrard-rangers-targets-laid-down-players-first-season/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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22 Jun 2018, 10:48 AM
Post #9154
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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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22 Jun 2018, 10:50 AM
Post #9155
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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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22 Jun 2018, 11:12 AM
Post #9156
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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 deep Dave King in new court proceedings over failure to make £11m Rangers shares bidMartin Williams @Martin1Williams Spoiler: click to toggle REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares. It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues. Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there. The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”. The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26. Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK. Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley. That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced. It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers. It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006. Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information. The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling. On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money. The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds. Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4". Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him. During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless." Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming. A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4. He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018". Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply." He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.” The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015. But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming". In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015. But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share. Lord Carloway on March 1 announced that a fresh appeal would be refused. Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". http://www.eveningtimes.co.uk/news/16305959.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/ 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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22 Jun 2018, 11:14 AM
Post #9157
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"a Premier League player in all but status"
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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 deep Dave King in new court proceedings over failure to make £11m Rangers shares bidMartin Williams @Martin1Williams Spoiler: click to toggle REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares. It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues. Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there. The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”. The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26. Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK. Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley. That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced. It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers. It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006. Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information. The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling. On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money. The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds. Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4". Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him. During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless." Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming. A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4. He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018". Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply." He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.” The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015. But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming". In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015. But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share. Lord Carloway on March 1 announced that a fresh appeal would be refused. Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". http://www.eveningtimes.co.uk/news/16305959.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/ 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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22 Jun 2018, 11:24 AM
Post #9158
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First name on the team-sheet
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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 deep Season aims Rangers coach Michael Beale reveals Steven Gerrard has laid down targets to his players for his first seasonThe 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 By Alan Potts MICHAEL BEALE insists Steven Gerrard wants to make sure the Rangers players have fun at work. The new Ibrox first-team coach believes creating an enjoyable work environment will help bring success on the park. The former Chelsea, Liverpool and Sao Paulo coach has been impressed with how the squad have adapted to the new regime. Beale refused to reveal what their targets are for the season, but he says that doesn’t mean the players don’t know them. He said: “Football is a simple game and I think as a staff we have to make it simple and fun. “You are working for one of the world’s biggest clubs so we are in a privileged position and it is important we remember that. “What we are trying to do is theme each day so we give them one or two messages each day. We don’t want to race ahead, this is a period of time where we lay strong foundations. “We are improving our mentality and standards as a group, our understanding of each other, our physical and mental fitness. Diet and nutrition, we are controlling that and slowly but surely we are pulling the team together. “There will be incomings and outgoings pretty much every other day, but that will calm down over the coming weeks. “We are building strong foundations now so in about 11 months’ time it will have seen us have a very successful campaign. “I don’t think anyone is shouting out high aims but that doesn’t mean in house we aren’t setting them. “I don’t think things could have gone any better. Everything is so positive and new and the players are on their best behaviour.” Speaking to Rangers TV, he added: “Everyone at the club has been fantastic on and off the pitch. “I couldn’t be happier and having experienced other clubs I feel right at home here and that is a good sign.” https://www.thescottishsun.co.uk/sport/football/2820642/michael-beale-steven-gerrard-rangers-targets-laid-down-players-first-season/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
Edited by tomtom, 22 Jun 2018, 11:25 AM.
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Kingslim
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22 Jun 2018, 11:39 AM
Post #9159
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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
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bigkev
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22 Jun 2018, 11:39 AM
Post #9160
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Retired and now a BT Sports pundit
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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 deep Dave King in new court proceedings over failure to make £11m Rangers shares bidMartin Williams @Martin1Williams Spoiler: click to toggle REGULATORS have brought fresh legal action over the failure by Rangers chairman Dave King to make a judge-ordered £11 million bid for most of the club’s shares. It has emerged that representatives of the Takeover Panel were in the Court of Session on Tuesday in a private session in front of Lord Doherty as the impasse over the issue continues. Last month the Takeover Panel was granted a court order which forbid any attempt by Mr King's South African-based Laird Investments (Proprietary) Limited from making the mandatory offer to thousands of shareholders without a third party confirming that the funds to support it are there. The Rangers chief who says he has the funds in South Africa rather than the UK has since accused the Takeover Panel of “bullying” while confirming the club hoped to raise £6 million of fresh capital from a share issue “before June”. The Rangers chief has already been told that he is in breach of takeover rules by failing to make the shares bid by a deadline of April 26. Rangers International Football Club plc stated in early May that it understood that the funds for the offer are there and that Laird was seeking South African government approval to allow the money for the offer to be transferred to the UK. Lord Carloway at the Court of Session dismissed an appeal in March forcing a bid for 70 per cent of the shares to be made after agreeing that Mr King and others acted together to force their way into the Ibrox boardroom three years ago and ousting a board of directors said to be allied to Sports Direct founder Mike Ashley. That meant under the code of takeovers and mergers, an offer should be make to all other shareholders at the highest price paid in the 12 months before the offer was announced. It came after the Takeover Panel originally decided that a formal takeover should have been triggered after the Three Bears group led by Mr King secured more than 30 per cent of the voting rights in Rangers. It is understood that no decision was made at the Thursday hearing which is understood to relate to having an order in relation to Section 955 of the Companies Act 2006. Section 955 provides a route for the Panel to apply to the court to enforce requirements as well as requests for documents and information. The Panel can make an application where there is reasonable likelihood that a person will contravene a requirement imposed. But it is not normally expected that the court would rehear substantively the issues giving rise to the original ruling. On April 24, the Takeover Panel received "certain orders" which were aimed firstly to ensure that the bid is made while supported by actual funding making it Takeover Code-compliant, and secondly to ensure that no offer is made to shareholders without that money. The move came after the panel said an initial share bid announcement by Mr King did not comply with the Takeover Code, as it was not supported by cleared funds. Mr King's Laird firm had said in the March 29 announcement that the bid would be funded "using the receipt of dividends" amounting to £13,074,842.90 which was "to be declared on April 4". Mr King had gone through a lengthy battle through through the courts to stave off pressure to buy the shares fearing the heavy financial toll it would place on him. During an October hearing, Mr King's advocate Lord Davidson of Glen Clova QC argued that the Rangers chief "is penniless" adding: "Any order wouldn't secure compliance. It won't. It is pointless." Under Takeover Code rules, a written offer to shareholders had to be made within 28 days of Laird making the bid announcement on March 29 - but it is still not forthcoming. A letter by John Bennett, the chairman of an "independent directors" group of Rangers International Football Club plc on April 4 to shareholders agreed that the original Laird announcement had not been "cash confirmed" and said that "this will be addressed promptly" after April 4. He said that the bid announcement was expected to be followed by the actual offer to shareholders "no later than 26th April, 2018". Mr King claims the Takeover Panel had "changed the requirement" in insisting funds were held in the UK and said at the beginning of May: "I'll need time to comply." He added: "You can’t ask me to do it, get my acceptance to do it and not give the extension to comply. That’s absurd.” The King-led takeover group – which included Park's Motor Group founder Douglas Park, Rangers Supporters Trust and Rangers First member George Taylor and Rangers fan George Letham – had always denied that they had acted 'in concert' to purchase shares in Rangers on December 31 2014 and January 2, 2015. But the Takeover Appeal Board (TAB) last year said that " the case for concluding that... Mr Letham and Mr King, at least, were acting in concert in purchasing the relevant shares becomes overwhelming". In December Lord Bannatyne ruled in favour of the Takeover Panel that Mr King acted in concert with other shareholders when he bought a controlling stake in 2015. But Mr King argued that a judge went "too far" in ordering him to make a mandatory offer at a price of 20p a share. Lord Carloway on March 1 announced that a fresh appeal would be refused. Lord Bannatyne in a previous hearing said that Mr King's argument that he did not have the funds to make the offer was "irrelevant". http://www.eveningtimes.co.uk/news/16305959.Ibrox_chief_in_new_court_proceedings_over_failure_to_make___11m_Rangers_shares_bid/ 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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