Everyone calm down

Right, I suppose after the past 2 years or so, the slightest thing sends folk into complete meltdown, but we do all need to calm down a bit here....

Everyone needs to calm the feck down.

All we have tonight is a form, freely available to anyone online, handwritten and reportedly sent off to Companies House.

Now the date on it is 9th May last year.

But Companies House requires all Director changes to be notified to them within 14 days of the event. Not 10 months later.

So that is where the first failure will be.

Secondly, the form has to be duly authorised - now Green said there is nothing signed by him. So perhaps Whyte has taken note of this and the form mysteriously has an "A" as the second same initial letter - I. Ahmad for example - not a director or secretary, but as he is best buds with Green, clearly an authorised person. But only if Green says he is.

So Companies House will look at this, at the delay in lodging, and then ask the company in question if this is a true representation of the company's wishes. Who will they ask? The Directors at the date on the form. Who are they? Mr Charles Green.

So that is where this fails for the second time.

Then, even if this form gets past those two hurdles, somehow, Companies House are NEVER going to backdate a form, if they accept it at all. So worst case, Whyte gets to be a director of Se vco 5088, as of 29th March 2013. Just in time to see it struck off the register (he'll be VERY familiar with that process).

I have seen nothing that is in any way not explainable by "Whyte being at it" as the reasoning.

You do not have a director's form and hold it for 10 months unsubmitted.

So then we look at the CVA proposal.

I just wish people would FINALLY recognise this was an OFFER by D&P to parties in question - i.e Green.

He will have advised D&P after failed CVA that he wanted to use Se vco Scotland Ltd as the asset purchasing vehicle.

This then gives us the D&P reports lodged at Court of Session.

So we have the assets going from Oldco, DIRECTLY to Se vco Scotland Ltd.

Payment - so the payment went from Se vco Scotland Ltd to D& P - they have to account for the source under AML rules (anti money laundering) which requires proof of ID, residency & where these funds originated. So Green paid the deposit, and the balance and got the assets.


Underpinning ALL of this is the fact that Whyte is up sh it creek with no paddle and a feckin big hole in his canoe. So his ONLY way of getting ANYTHING to help is to strike out in all directions.

Ticketus have got him banged for £18m + (and maybe more).
Police have raided his castle and other addresses.
Whyte has lied again & again & again and is, to quote learned source "wholly unreliable" as a witness.

Yet the media, for some reason are taking Whyte's word ahead of everyone else's??

The very worst Green is guilty of is twofold.

Firstly, some unfortunate language use.
Secondly, not completely explaining everything he had to do pre CVA with Whyte to try to get his shares.

Obviously post failed CVA he did not need the shares. I assume Whyte still has them, unless BDO have now got them.

In any & all events, the CLUB is what concerns us all.

Whyte has ZERO CLAIM WHATSOEVER in law over the club, its assets or funds.

If I was the Rangers Board, after speaking with Green tomorrow, I would be issuing a "cease & desist" writ against Whyte for the scurrilous & defamatory lies he is coming out with, as they are damaging the value of the club (shares) - and THAT is one of the prime responsibilities of the Board - especially as it is mainly non-exec directors - ie independent, non employees.

So, everyone, calm down.