calum_gers Posted October 16, 2015 Share Posted October 16, 2015 Can someone phone Bayern Munich and tell them they're embarrassing themselves please. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 16, 2015 Share Posted October 16, 2015 (edited) S'pose the QC has been to busy to post. MER Rangers chief Charles Green and oldco owner Craig Whyte have appeared at court today. The two are among seven charged with fraud and organised crime relating to the purchase of Rangers in 2012. The two were seen entering the High Court in Edinburgh shortly before 10am. It was not clear if the other five have appeared in person at court. Imran Ahmad, the former commercial director, joint administrators David Whitehouse and Paul Clark, along with Gary Withey and David Grier are also facing trial. They are accused of conspiracy, fraud and involvement in serious organised crime relating to the alleged fraudulent acquisition of Rangers. Green and Ahmad also face a charge under the Companies Act. The hearing got underway with legal discussions which the press and public were not permitted to attend. It is the first time the case has been called publicly in court since the men were indicted last month. The preliminary hearing does not involve hearing from witnesses, nor is it held in front of a jury. The case of the seven had been due before the High Court in Glasgow. I t was moved to the High Court in Edinburgh on the same date for better management of proceedings. The indictment is understood to run to 75 pages of charges, with one charge alone taking up 12 pages. The men are all facing charges connected to the sale of club assets in 2012. Edited October 16, 2015 by bennett 0 Quote Link to comment Share on other sites More sharing options...
Mersey Bear Posted October 16, 2015 Share Posted October 16, 2015 Do the likes of Liverpool and madrid count them as major trophies? Nobody does. 50 trophies is a achievement, that wasn't matched at the time. 40 isn't, and was already achieved by a team in your league. Therefore it would of been a little embarrassing for you, I agree with that. 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted October 16, 2015 Share Posted October 16, 2015 The 5 start thing is pretty funny. First off the fact that it was a cringeworthy classless move to trump Celtic and Aberdeen's euro achievements. What are Aberdeen's achievements that we would try to trump? And, please don't say the super cup. So if Rangers had have managed to win the Super Cup instead of being beaten by Ajax, they wouldn't have counted it as a major trophy and included it in their honours list? 0 Quote Link to comment Share on other sites More sharing options...
Mersey Bear Posted October 16, 2015 Share Posted October 16, 2015 Officially it might be, but so is the charity shield in England. So it wouldn't be a major bragging right 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted October 16, 2015 Share Posted October 16, 2015 Officially it might be, but so is the charity shield in England. So it wouldn't be a major bragging right It would be if you'd won it and somebody else hadn't. Liverpool include both the European Super Cup and the Charity Shield in their honours list. 0 Quote Link to comment Share on other sites More sharing options...
Mersey Bear Posted October 16, 2015 Share Posted October 16, 2015 It would be if you'd won it and somebody else hadn't. Liverpool include both the European Super Cup and the Charity Shield in their honours list. I have just told you that it is counted in the honours list. The super cup is the the European equivalent of the charity shield. Would your club not celebrate winning 50 titles? 0 Quote Link to comment Share on other sites More sharing options...
muirkirk nil Posted October 16, 2015 Share Posted October 16, 2015 https://rangersfraudcase.wordpress.com/2015/10/16/the-indictment/ Five people appeared in court in Edinburgh today, Craig Whyte, David Grier, David Whitehouse, Paul Clark and Charles Green. For legal reasons we cannot report the bulk of proceedings but can summarise the charges as they stand at the moment. The indictment read to the court is 20 pages long but can be broken down to three sections. The first set of charges relate to allegations that Craig Whyte fraudulently acquired Rangers Football Club (RFC) by concealing the fact he was funding his takeover using money borrowed from “Ticketus” (Octopus investments) instead claiming to various bodies that he was using his own personal wealth. He also committed fraud by not disclosing he had been previously banned from being a company director. David Grier David Whitehouse and Paul Clark are charged with conspiring in this alleged fraud to the sum of £28,262,094 with Whitehouse and Clark also accused of conspiring to pervert the course of justice by not disclosing information to a court. The second set of charges relate to allegations of a conspiracy between Whyte, Whitehouse, Clark and Charles Green to place RFC in administration and then, after appointing Duff and Phelps as administrators acquiring the assets of the business for a sum significantly below the market value using a company, Sevco 5088 as a vehicle. This, the prosecution say deprived the company’s creditors of money that should have been due to them. Greens consortium, the Crown said, paid Duff and Phelps a £200,000 “exclusivity fee,” of which £137,500 of which was refunded by Craig Whyte. Green is also charged with misleading investors and others about Whyte’s role in the transaction. The third set of charges relate to Green transferring the assets of the club to a new entity “Sevco Scotland Ltd,” hence taking possession of a “non-cash asset” without the approval of the directors of Sevco 5088. This also deprived investors in Sevco 5088 of a financial benefit and later led to inviting the public to invest in shares at an Initial Public Offering while depriving them of pertinent information, ie the potential claim of Sevco 5088 on the company. No pleas or declarations can be reported. The case continues. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 16, 2015 Share Posted October 16, 2015 The Rangers fraud case website, oh my..... 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted October 16, 2015 Share Posted October 16, 2015 The Rangers fraud case website, oh my..... Another boast? How many football clubs have a fraud case website dedicated to them! You guys are 'big time'. 0 Quote Link to comment Share on other sites More sharing options...
williemillersmoustache Posted October 16, 2015 Share Posted October 16, 2015 (edited) I have just told you that it is counted in the honours list. The super cup is the the European equivalent of the charity shield. Would your club not celebrate winning 50 titles? Maybe, one day in a couple of hundred years time, yours will. Edited October 16, 2015 by williemillersmoustache 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted October 16, 2015 Share Posted October 16, 2015 https://rangersfraudcase.wordpress.com/2015/10/16/the-indictment/ Five people appeared in court in Edinburgh today, Craig Whyte, David Grier, David Whitehouse, Paul Clark and Charles Green. For legal reasons we cannot report the bulk of proceedings but can summarise the charges as they stand at the moment. The indictment read to the court is 20 pages long but can be broken down to three sections. The first set of charges relate to allegations that Craig Whyte fraudulently acquired Rangers Football Club (RFC) by concealing the fact he was funding his takeover using money borrowed from “Ticketus” (Octopus investments) instead claiming to various bodies that he was using his own personal wealth. He also committed fraud by not disclosing he had been previously banned from being a company director. David Grier David Whitehouse and Paul Clark are charged with conspiring in this alleged fraud to the sum of £28,262,094 with Whitehouse and Clark also accused of conspiring to pervert the course of justice by not disclosing information to a court. The second set of charges relate to allegations of a conspiracy between Whyte, Whitehouse, Clark and Charles Green to place RFC in administration and then, after appointing Duff and Phelps as administrators acquiring the assets of the business for a sum significantly below the market value using a company, Sevco 5088 as a vehicle. This, the prosecution say deprived the company’s creditors of money that should have been due to them. Greens consortium, the Crown said, paid Duff and Phelps a £200,000 “exclusivity fee,” of which £137,500 of which was refunded by Craig Whyte. Green is also charged with misleading investors and others about Whyte’s role in the transaction. The third set of charges relate to Green transferring the assets of the club to a new entity “Sevco Scotland Ltd,” hence taking possession of a “non-cash asset” without the approval of the directors of Sevco 5088. This also deprived investors in Sevco 5088 of a financial benefit and later led to inviting the public to invest in shares at an Initial Public Offering while depriving them of pertinent information, ie the potential claim of Sevco 5088 on the company. No pleas or declarations can be reported. The case continues. It looks to me like the Crown believes both Sevcos to be fraudulent entities if that piece is accurate. That would mean that the Crown believes the club currently calling themselves Rangers are a fraud? 0 Quote Link to comment Share on other sites More sharing options...
muirkirk nil Posted October 16, 2015 Share Posted October 16, 2015 The Rangers fraud case website, oh my..... bennett,oh my.... 0 Quote Link to comment Share on other sites More sharing options...
LuoAnLai Posted October 16, 2015 Share Posted October 16, 2015 We cannot and ought not to debate the merits of any action at this time. My only questions is how many Rangers fans actually supported/lauded individuals involved in this case at some point or other. Apart from the outcome of the case, maybe Rangers fans need to think about how they should act in the future in respect of 'owners' of their club, given that we all agree that the the spiritual/moral owners of any club are the fans. 0 Quote Link to comment Share on other sites More sharing options...
mythstoliveby Posted October 16, 2015 Share Posted October 16, 2015 Do the likes of Liverpool and madrid count them as major trophies? Nobody does. Ok taking that on board how about we remove the stars that are there for contentious reasons - lesser euro trophies and 10x domestic leagues (snigger) and instead just stick to the universally accepted reason of one for ever European Cup win. Now I wonder how that goes...... 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted October 16, 2015 Share Posted October 16, 2015 I have just told you that it is counted in the honours list. The super cup is the the European equivalent of the charity shield. Would your club not celebrate winning 50 titles? No you didn't. 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted October 16, 2015 Share Posted October 16, 2015 We cannot and ought not to debate the merits of any action at this time. My only questions is how many Rangers fans actually supported/lauded individuals involved in this case at some point or other. Apart from the outcome of the case, maybe Rangers fans need to think about how they should act in the future in respect of 'owners' of their club, given that we all agree that the the spiritual/moral owners of any club are the fans. owners of the (holding) company that owns their club. Get with the programme. 0 Quote Link to comment Share on other sites More sharing options...
nacho Posted October 16, 2015 Share Posted October 16, 2015 ame="Mersey Bear" post="9872699" timestamp="1445005822"] Aberdeen are the only Scottish club to win 2 European trophies. You honestly telling me you wish it wasn't Rangers/Sevco who managed to win them and not have the trophy presented in a broom cupboard? If Celtic added a star for every 10 league titles we have won, I would find that embarrassing the embarrassing thing was celtic attempting to copy rangers stars by sticking a star on their shirt the year after us, but of course you dont see it like that 0 Quote Link to comment Share on other sites More sharing options...
nacho Posted October 16, 2015 Share Posted October 16, 2015 Another boast? How many football clubs have a fraud case website dedicated to them! You guys are 'big time'. we hacve hundreds of websites dedicated to us, many by lunatic obsessive fans of other clubs, posting absolute garbage that never comes true, how was us going into admin today? that did happen right? its what the like of phil was claiming would happen and was lapped up by moronic fuds like yourself 0 Quote Link to comment Share on other sites More sharing options...
nacho Posted October 16, 2015 Share Posted October 16, 2015 It looks to me like the Crown believes both Sevcos to be fraudulent entities if that piece is accurate. That would mean that the Crown believes the club currently calling themselves Rangers are a fraud? nope, hope that helps 0 Quote Link to comment Share on other sites More sharing options...
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