cyderspaceman Posted October 20, 2012 Share Posted October 20, 2012 Sevco 5088 still exists :-One of many sources Some extracts from that page (the ads prevent copy/paste of the whole thing) Address 35 VINE STREET LONDON UNITED KINGDOM EC3N 2AA Legal Information Company Registration No.:08011390Incorporation Date:29 Mar 20126 Months oldFinancial Year End:31 MarCapital:£1.00 on 29 Mar 2012Information checked: 17 Oct 2012 - Refresh Now! Directors and Secretaries Charles Green3 May 2012 ⇒ Present (5 Months)Director The SFA rules state that to obtain a football licence from them a company must be registered in Scotland (I'm not going looking for that, it was well documented at the time). So Chuckie formed a company Sevco(Scotland) in Scotland and transferred assets to it from Sevco5088 The , very important, question is, What assets were transfered, all or only some? SEVCO 5088 LIMITED Document: AD01 - Change of situation or address of registered office REGISTERED OFFICE CHANGED ON 04/05/2012 FROM 14/18 CITY ROAD CARDIFF CF24 3DL UNITED KINGDOM Filed on: 04 May 2012 Orcs moving to Welsh League? 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 20, 2012 Share Posted October 20, 2012 Is that the P&B version of 'which school did you go to?' No as it wasn't a question. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 20, 2012 Share Posted October 20, 2012 Same old disrespectful, lying, stupid, deflecting, moron. You can't be arsed to read my post (or are you "guessing" at the meanings of the longer words), yet you can comment on the writing style in your inimitable way and in the end it's the "same old Norman". As you requested what seems like a lifetime ago, I gave my opinion on the man, and the relevance of his behaviour to his blog. I invited you to explain why you thought his personality rendered his opinions invalid. You have failed to do so repeatedly. There is every chance that you know something more about this man than I do, which is why I have asked you, repeatedly, to enlighten me. I observed the Compensation scam as many did, as a major disgrace involving a large number of the legal profession, and dozens of law firms. In what way was McConville's conduct more deserving of condemnation than dozens of other lawyers? I am dodging nothing - you, however, have failed to tell us why you doubt the veracity of McConville's output more than you do that of Traynor, for instance, or Charles Green. Although your spelling is slightly better than Tedi's (only two errors this time round), I am rapidly coming to the conclusion you are wilfully presenting yourself as more stupid than he is. Oh dear Normans calling me names again and after all he's had to say about name calling too According to you on 4 posts now, McConville is free to be a lawyer again and that is that. Which isn't 100% true now is it? Picking up on typos, especially when you took the huff over someone pointing out your typos the other day, what a hypocrite you are. 0 Quote Link to comment Share on other sites More sharing options...
WhiteRoseKillie Posted October 20, 2012 Share Posted October 20, 2012 No as it wasn't a question. Maybe not, Bennett, but mine was. I'm still awaiting your reasons for dismissing McConville's posts. As you're an obvious expert on the man and his actions, I'm sure you don't have to trawl Google for the facts. I'd say "in your own time", but I was hoping for an answer before the next twitch of your dead club's unlovely corpse, or the FTT findings as you may prefer to call them. 0 Quote Link to comment Share on other sites More sharing options...
WhiteRoseKillie Posted October 20, 2012 Share Posted October 20, 2012 (edited) Oh dear Normans calling me names again and after all he's had to say about name calling too (1) According to you on 4 posts now, McConville is free to be a lawyer again and that is that. Which isn't 100% true now is it?(2) Picking up on typos, especially when you took the huff over someone pointing out your typos the other day, what a hypocrite you are. 1. There's a difference between name-calling, insulting, and describing. 2. Ooooohhh, large lie right there. I stated he can practise as a solicitor, but is banned from partnership. I may be wrong, but that's why I'm asking you for your side of the story. Like this: A LAWYER sanctioned following disciplinary proceedings is now working at Hamilton Citizens' Advice Bureau. Paul McConville was carpeted by the Scottish Solicitors' Disciplinary Tribunal after failing to properly progress miners' compensation claims. Following a hearing in Edinburgh, the 45-year-old was told he was guilty of "fundamental misconduct". McConville will not be able to work as partner within a law firm for 10 years. He will, however, be able to work as a solicitor... but only with Law Society approval and under the supervision of the firm for whom he works. Kinda what I said, really, but you apparently know different. ETA: If I used the word "partner" I apologise, that would be incorrect. I do not believe I did so. If I used "lawyer", I was correct. To avoid confusion, Wikipedia quotes from Black's thus: A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law."[1] Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political and social authority, and deliver justice. Working as a lawyer involves the practical application of abstract legal theories and knowledge to solve specific individualized problems, or to advance the interests of those who retain (i.e., hire) lawyers to perform legal services. Edited October 20, 2012 by WhiteRoseKillie 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted October 20, 2012 Share Posted October 20, 2012 So it would appear that a version of 'rangers' has lost the tax case appeal. I don't know if that's oldco, newco, newclub or oldclub since newclub claims to be oldclub but newco is not oldco although newclub has oldco's stuff but not its history or debt and it's very confusing. I am really looking forward to the endgame when newco, newclub, oldclub and oldco finally get nailed into the coffin and buried. After assets have been sequestrated and titles have been stripped, of course. 0 Quote Link to comment Share on other sites More sharing options...
WhiteRoseKillie Posted October 20, 2012 Share Posted October 20, 2012 (edited) So it would appear that a version of 'rangers' has lost the tax case appeal. I don't know if that's oldco, newco, newclub or oldclub since newclub claims to be oldclub but newco is not oldco although newclub has oldco's stuff but not its history or debt and it's very confusing. I am really looking forward to the endgame when newco, newclub, oldclub and oldco finally get nailed into the coffin and buried. After assets have been sequestrated and titles have been stripped, of course. I've no doubt all this, and more, will be explained in the next episode of "Soap"........ ETA: I've seen a few people post that a verdict has been reached - Sauce please? Edited October 20, 2012 by WhiteRoseKillie 0 Quote Link to comment Share on other sites More sharing options...
wunfellaff Posted October 20, 2012 Share Posted October 20, 2012 "CHARLES GREEN, Chief Executive, issued the following statement today: “There has been renewed speculation and media comment recently regarding the current shareholders in The Rangers Football Club. “A full list of current shareholders will be published in the share prospectus which will be issued within the next few weeks. “A lot of attention has focused on investment funds which have taken a shareholding in the Club to date. "For example, I would like to clarify that in the case of Blue Pitch Holdings, the legal beneficiary is Mazen Houssami and not Arif Naqvi of Abraaj Capital. "Mr Naqvi is a personal friend of mine and I approached him early on in the process about a shareholding but he has not proceeded on the basis that the investment fell outside the core geography he invests in.”" Hmmmmm.............. 0 Quote Link to comment Share on other sites More sharing options...
Bairnforever1992 Posted October 20, 2012 Share Posted October 20, 2012 Hmmmmm.............. Blue Pitch Holdings? That is the BDO so could it mean Chuckie cheese could be leaving? 0 Quote Link to comment Share on other sites More sharing options...
wunfellaff Posted October 20, 2012 Share Posted October 20, 2012 Blue Pitch Holdings? That is the BDO so could it mean Chuckie cheese could be leaving? Possibly but RTC tweeting as we post that it will be hard for HMRC to prove Pheonix company unless evidence of shadow directors.......... Poo 0 Quote Link to comment Share on other sites More sharing options...
Bairnforever1992 Posted October 20, 2012 Share Posted October 20, 2012 Possibly but RTC tweeting as we post that it will be hard for HMRC to prove Pheonix company unless evidence of shadow directors.......... Poo Shadow directors? Here's a link about the liquidating a company. Guide Liquidate your limited company/club @Rangers-Tax-CaseIf no oldco directors are involved in Sevco, there are no rules. They bought the branding- as happens in lots of insolvencies. 0 Quote Link to comment Share on other sites More sharing options...
killingfloorman Posted October 20, 2012 Share Posted October 20, 2012 No as it wasn't a question. my team isn't on the drop down list, if that makes you feel better 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 20, 2012 Share Posted October 20, 2012 my team isn't on the drop down list, if that makes you feel better Well it bloody well should be 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 20, 2012 Share Posted October 20, 2012 1. There's a difference between name-calling, insulting, and describing. 2. Ooooohhh, large lie right there. I stated he can practise as a solicitor, but is banned from partnership. I may be wrong, but that's why I'm asking you for your side of the story. Like this: A LAWYER sanctioned following disciplinary proceedings is now working at Hamilton Citizens' Advice Bureau. Paul McConville was carpeted by the Scottish Solicitors' Disciplinary Tribunal after failing to properly progress miners' compensation claims. Following a hearing in Edinburgh, the 45-year-old was told he was guilty of "fundamental misconduct". McConville will not be able to work as partner within a law firm for 10 years. He will, however, be able to work as a solicitor... but only with Law Society approval and under the supervision of the firm for whom he works. Kinda what I said, really, but you apparently know different. ETA: If I used the word "partner" I apologise, that would be incorrect. I do not believe I did so. If I used "lawyer", I was correct. To avoid confusion, Wikipedia quotes from Black's thus: A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law."[1] Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political and social authority, and deliver justice. Working as a lawyer involves the practical application of abstract legal theories and knowledge to solve specific individualized problems, or to advance the interests of those who retain (i.e., hire) lawyers to perform legal services. It only took you 5 attempts to get the under supervision and law society approval part right Normy but i knew we'd get there in the end. In other words he is not to be trusted. 0 Quote Link to comment Share on other sites More sharing options...
mylothedog Posted October 20, 2012 Share Posted October 20, 2012 It only took you 5 attempts to get the under supervision and law society approval part right Normy but i knew we'd get there in the end. In other words he is not to be trusted. Think you are spot on there Bennett. From this whole saga i think we have all realised that the football authorities, the successive chairmen of your club, most other chairmen, D+P, Leggo, most of the MSM, Jimmy Savile, Mcoist, most of the posters on here etc.. are basically full of it. Nobody knows whats going to happen, sure we all have our opinions, and how we would like to see things pan out, but its all up in the air. 0 Quote Link to comment Share on other sites More sharing options...
WhiteRoseKillie Posted October 20, 2012 Share Posted October 20, 2012 It only took you 5 attempts to get the under supervision and law society approval part right Normy but i knew we'd get there in the end. In other words he is not to be trusted. No, Bennett, it took that long for you to avoid giving this as your reasoning. Also, I don't believe it did - I posted a while back that he could only practise in a limited fashion, and could not be a partner in a firm. Maybe that was after word 10 in one of my posts, Shall I post the remainder of that article, where it states the problem was his (and others') negligence, NOT dishonesty, which led to the sanctions? Not to be trusted? As I stated before, he is a member of the least trustworthy profession on earth. I am not trying, and have not tried, to excuse the man's character. The salient point here is, as it always has been, is he competent to comment on your club's death throes or not? I believe he is at least as qualified as anyone I have read trying to justify the clubs' behaviour. to My question to you remains: Why would you believe this man less on the subject of the law than you would journalists such as Traynor, and the rest of the pro-rangers lobby? And again with the disrespect, and the deflection, and the pure lack of any reasoned debating ability. Half the day it's taken you, and you still haven't come up with a sensible reason for doubting this man's knowledge of the law. But hey, they're stereotypes for a reason, eh? 0 Quote Link to comment Share on other sites More sharing options...
Bairnforever1992 Posted October 20, 2012 Share Posted October 20, 2012 Charles Green and Craig Whyte – Connections or Coincidences? 100bjd contributed an excellent post yesterday, having analysed the portfolio of Allenby Capital. This was a company set up by Imran Ahmad, who sold up at Allenby recently to join Zeus Capital, and who has now quit that company to take on a full time role at Ibrox. That piece raises the possibility that there could be links, either deliberate or coincidental, between Mr Green and Mr Whyte. One of the companies to which Allenby Capital has acted as an adviser is Merchant House Group, which is very closely connected to Craig Whyte. It is, of course, possible that Mr Ahmad had nothing at all to do with MHG in his time at Allenby, although, as the top man in the business, he might at least have been expected to be aware of this major client. Mr Whyte has been closely involved with MHG over a number of years, and the other office holders in MHG, such as Mr Holmes, have been close associates of Mr Whyte over many years. Whilst this does not place Mr Green immediately in contact with Mr Whyte, it does provide a close link to him, and perhaps makes it easy to see why Mr Whyte was in position to effect an introduction for Mr Green’s consortium to Duff & Phelps. As well as the financial adviser connection through MHG, Allenby Capital and Mr Ahmad, there seems to be a further connection in the legal field, if you pardon the pun (which of course won’t become apparent as a pun till later in this piece). The Legal Connection The Lawyer magazine reported in May as follows:- Field Fisher Waterhouse has been instructed by Rangers FC’s would-be owner Charles Green, as the former Sheffield United chief executive negotiates an £8.5m deal to purchase the struggling Scottish football club. Sport head Patrick Cannon is leading the Field Fisher team, working alongside corporate partners Christine Phillips, David Wilkinson and Amerjit Kalirai with support from insolvency consultant Robin Tutty and associate Shash Dayal. Green, who is backed by a global consortium of 20 individuals from the UK, Asia and the Middle East, became the preferred bidder on Sunday (May 13) after US trucking tycoon Bill Miller withdrew his bid for the club, citing worse-than-expected financials and a negative response from Rangers fans. Field Fisher’s relationship with Green dates back several years, after the firm acted for AIM-listed construction management specialist Formation Group when Green was chairman. We will pass over for now the reference to the 20 individuals making up the consortium for Mr Green, as many of them seem to have melted away, like snow off a dyke. Sevco 5088 Ltd and Sevco Scotland Ltd were formed by Field Fisher Waterhouse (FFW) on Mr Green’s instructions. As the piece says, Mr Green has had dealings with them for some time, dating back to the Formation Group. As Ecojon wrote on this site in July:- Green has apparently been jet-setting across Europe in the last few days presumably in a last gasp attempt to raise funding before the end of the month when the purchase price has to be paid. Help has come from two financial advisors, Imran Ahmad and Brian Stockbridge, previously associated with Nova in Singapore, who are now directors with Zeus Capital in Manchester which claims to have invested in SevGers along with anonymous associates. The two have been given seats on the SevGer board indicating their pivotal importance to Green. Charlie and Zeus have crossed paths before as the company provided advice to the Formation Group while he was in the chair and in 2009 they advised on the sale of Proactive Sports Management, which Mr Green had previously chaired, to Gresham Private Equity for £22m. So not just a connection with FFW through Formation Group, but also with Zeus Capital. FFW is a major player in the European legal field, focussing, as it says on its website on “companies that are highly regulated and those with intellectual property and technology driven business models”. I am not quite sure where Rangers Football Club Ltd fits into the portfolio of “highly regulated” companies or where the “intellectual property” or “technology driven” business models come into play. FFW is a large enough company however to be able to deploy experts in many fields and, as The Lawyer noted, experts in the areas of Sports Law, Corporate Law and Insolvency Law were all engaged by Mr Green on this task. As a highly respected and profitable firm, it would not be a surprise for Mr Green to be involved with such a company as his advisers. I wrote in May about a “six Degrees of Kevin Bacon” style connection between Mr Green and Mr Whyte. That “connection” came via links to John Michael Edelson, who twice stepped down as a director of a company as Mr Green took up the role, the companies being Gillpollco (No 1) Ltd and Sheffield United PLC. Mr Edelson is now a Manchester United director and previously held directorships at Regenesis Group Ltd (substantial shareholder in Regenesis Holdings Ltd) and Worthington PLC. Mr Edelson is described on Wikipedia as:- “He is an angel investor, venture capitalist and philanthropist who has been instrumental in creating numerous cash shell companies on both AIM and PLUS. As a result of these, he was nicknamed “The Shellmeister” by Richard Rivlin in an article in the Sunday Telegraph in 1996 and the nickname has stuck to this day.” As I wrote in May:- “When Mr Edelson stepped down as director of Worthington PLC in July 2010, he was replaced by Peter Townsend, a director of Regenesis Holdings Ltd (not Regenesis Group Ltd). Regenesis Holdings owns 14% of Worthington PLC. On 12th August 2010, a company shown as based in Geneva acquired a 7.54% shareholding in Worthington PLC. This amounted to 890,000 shares. The Company is Liberty Capital Ltd, Route de Trelex 8, 1266, Duillier, Geneva. The contact name is Craig Whyte! Worthington PLC has a connection too with Mr Whyte as it is an investor in the Jerome Group PLC Pension Fund. On 12th March 2012, CQN reported that the Pension Fund was a claimant of sums held by Mr Whyte’s former solicitors, Collyer Bristow, in the name of Rangers or Rangers Group. It was suggested by Worthington that the Fund was looking at lending money to Rangers and that these funds had been released by the solicitors without authority. As a final cherry on the cake, the sole director of Regenesis Holdings Ltd is Mr Wulstan Earley. If you search this blog you will find a number of mentions of him and his brother Aidan Earley. Indeed the Earley brothers are involved with Banstead Athletic Football Club, which benefited from a £250,000 payment from Rangers prior to it entering administration! So, in the footballing Kevin Bacon game, I start at Charles Green, move to Michael Edelson and thence arrive at Craig Whyte. If being pernickety, you would force me to add in Peter Townsend of Regenesis/Worthington as an extra step. Bearing in mind that Mr Green has said he has only ever met Mr Whyte three times (and I hasten to say I am not doubting him when he does so), that might have been through bad luck as they move, or seem to have moved, in similar circles. Does this mean anything negative about Mr Green? Of course not. What about his consortium of 20 people? Until there is transparency and clarity regarding them, then no one, especially the Rangers fans, will know.” Where do FFW come in to the equation? Clearly they are trusted advisers to Mr Green. Would it be surprising that other parties also made use of their services? Of course not. Might it raise an eyebrow to discover that FFW in 2009 were involved in a substantial dealing involving all of the following? In 2009 the four parties mentioned below were linked in a contract for subscription by Regenesis for shares in Liberty. Craig Whyte Regenesis Trading Ltd Aidan Earley Liberty Corporate Ltd Regenesis Trading Ltd is a company, now dissolved. Its two directors were Peter Townsend, mentioned above too as a director of Regenesis Holdings Ltd and Wulstan Earley, brother of Aidan Earley. It was owned by three companies – Regenesis Holdings Ltd, Chariot (UK) Ltd and Corporate Services Associates. Chariot (UK) Ltd is a non-trading company, where the present directors are Wulstan and Aidan Earley. Martin Eberhardt and Peter Townsend are former directors. Talking of dilution of shares, the 2009 accounts, being the most recent I can access, show that there are over 90 million issued shares, with a nominal value of 0.01p each. Chariot (UK) Ltd is an AIM listed company. Corporate Services Associates Ltd is a company of which Peter Townsend is a director. It has net liabilities of nearly £400,000. However most of that is owed to Mr Townsend. In any event, it does not seem to be doing much, other than owning shares in other Townsend related companies. Liberty Corporate Ltd is a non-trading company. The sole human director is Thomas Whyte, Craig Whyte’s father. It is owned 100% by Liberty Capital Ltd. That company is apparently owned by Craig Whyte and is incorporated in the British Virgin Islands. Tied in with all of the above are Cairnwell Investments Ltd, a company where Mr Whyte was director. Merchant House were also inextricable involved, with loan funding passing from one Whyte related company to anther. Cairnwell, in turn, is closely linked to Pritchard Stockbrokers – recently insolvent. This is important because of the identity of the solicitors who acted in connection with the subscription agreement. We can be certain that this firm was involved as their name is disclosed in the relevant documents – it goes by the name of Field Fisher Waterhouse. So we have FFW acting for Mr Green and in connection with companies he has been involved in over recent years. Similarly we have FFW acting in 2009 in relation to a deal involving Mr Whyte, and for at least one of the four parties, three of which are closely linked to Mr Whyte, with Mr Whyte himself being the fourth. Does any of this imply wrongdoing by Mr Green, Mr Whyte or FFW? Of course not. These parties move in circles which mean that what might at first sight seems unusual is simply coincidental. Bearing in mind the various rumours, extravagant and trivial, flying around about this situation, any connection is going be carefully scrutinised. As I wrote in May about financial and share issues regarding Rangers, and will repeat now:- “Until there is transparency and clarity regarding them, then no one, especially the Rangers fans, will know.” Posted by Paul McConville PS I see Mr Green has issued a statement promising that the Prospectus will reveal all. I will write about that soon. 0 Quote Link to comment Share on other sites More sharing options...
Bloomogganners Posted October 20, 2012 Share Posted October 20, 2012 Bearing in mind that Mr Green has said he has only ever met Mr Whyte three times says met 4 times. 0 Quote Link to comment Share on other sites More sharing options...
Bendarroch Posted October 21, 2012 Share Posted October 21, 2012 There must be some mistake here as we were informed pre season by those in the know on P&B that we would be lucky to have 15,000 fans per game at Ibrox. Would these people be the same ones who promised to rally around the SPL clubs to ensure bumper season ticket sales? Possibly even the ones who sponsored some Annan players instead? Remarkably, there's every chance that The Rangers will have attracted more people to one game than the the rest of the SPL and SFL combined this weekend. 0 Quote Link to comment Share on other sites More sharing options...
Bendarroch Posted October 21, 2012 Share Posted October 21, 2012 (edited) Posted by Paul McConville A man who is only allowed to do his job if supervised. Phil Mac Goebbels bestie. Edited October 21, 2012 by Bendarroch 0 Quote Link to comment Share on other sites More sharing options...
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