Club Statement Re: Raith Rovers

[Moody Blue 9,349]

Great statement and just reiterates why they're all shitting themselves now.....the big bad Rangers are coming and hell mend the lot of you.

[Mazy74 57]

probs they thought its just another chance to stick the boot into Rangers FC ..theyll know better now !

[Hutchy WATP 462]

Another diddy team that won't be long in realizing we aren't the same wounded bear we were the last few years.

A board willing to slap them down for being petty morons and a squad capable of destroying them.

Oh how I wish we destroy them, would be a nice time for all our shots on target to click an hit the fuckers for 10.

[kcd1983 25]

They'll be shiting on the streets of Raith tonight

[eejay the dj 31,964]

Is this Eric Drysdale not part of the corrupt cabal that runs Scottish football ?

[BigAmo'sThighs 848]

They'll be shiting on the streets of Raith tonight

That happens most nights in Kirckaldy mate

[FrozenTundras 120]

Is this Eric Drysdale not part of the corrupt cabal that runs Scottish football ?

Aye.

"The current SPFL Board is made up of Neil Doncaster (CEO), Ralph Topping (Chairman), Eric Riley (Celtic), Stephen Thompson (Dundee United), Duncan Fraser (Aberdeen), Eric Drysdale (Raith Rovers), Mike Mulraney (Alloa Athletic) and Ken Ferguson (Brechin City)"

[mrmojorisin 13,611]

Excellent statement

No one fucks with Rangers now

[simplythebest 11,453]

Just another pathetic wee club in Scotland

[ritchieshearercaldow 22,137]

The club shouldn't have asked for an apology, they should have demanded one, plus a bunch of flowers for Davy's wife.

[GMac 1,405]

Is this Eric Drysdale not part of the corrupt cabal that runs Scottish football ?

Yep, the same cabal that administer the rules that he is unsure about over a decision that the same cabal took in releasing Ryan Hardie.

[Smile 26,600]

They are trying to get us back for signing Ross Perry.

[B1872 20,699]

Aye.

"The current SPFL Board is made up of Neil Doncaster (CEO), Ralph Topping (Chairman), Eric Riley (Celtic), Stephen Thompson (Dundee United), Duncan Fraser (Aberdeen), Eric Drysdale (Raith Rovers), Mike Mulraney (Alloa Athletic) and Ken Ferguson (Brechin City)"

Not one Protestant amongst them!

[boss 1,941]

Eric Drysdale is one of the haters who sat on the tribunal that imposed an unlawful sanction on Rangers. Here's my article at the time that shows what an unfit person he is to hold office. The difference between his views on Airdrie during their troubles, and us during ours, tells you all you need to know about the fool.

----------------------------------------------------

Eric Drysdale - Is he Fit for Purpose?

Was Eric Drysdale a fit and proper person to sit on the discredited SFA Tribunal and pronounce judgement on the 140 year old institution that is The Rangers?


Raith Rovers

Drysdale has been a director of this provincial club for more than a decade. He signed the most recent accounts to 30 June 2011. Here are some extracts:
- loss for the year £162,000 (2010: loss £73,000)
- balance sheet insolvent to the tune of £1.4m (this is my WTF point 1)
- this excludes £201,000 of unpaid rent that the landlords have waived for the moment but retain the right to claim later
- net current liabilities £310,000 i.e. it owed more in the short term that it had available
- payroll taxes and VAT outstanding of £78,000 (2010: £118,000), see later for comments on this
- was only able to pay some of its bills because other directors paid in £52,000
- going concern emphasis of matter by the auditors which cast "significant doubt on the company's ability to continue as a going concern".
- disclosure that "the company does not have formal funding facilities in place that allow it to meet its liabilities as they fall due".
- disclosure that a group restructuring took place in 2005, the terms of which were "incorrectly documented" and an "assumed waiver of the loan ... has not in fact been made".

Drysdale owned 0.0003% of the 327,400 ordinary shares and 0.5% of the 10,000 preference shares. If he has made any money in banking, it doesn't appear that he has invested it in football.

Although there were payroll taxes and VAT due at the year end, these weren't necessarily overdue at that time. How £78,000 was paid in full the following month when there was only £27,000 in the bank at 30 June would be a legitimate question to ask. Likewise the year before, £118,000 taxes due but £44,000 in the bank. In the interests of transparency, perhaps Drysdale would like to make a statement confirming that, during his directorship, Raith Rovers have never been late with any tax payments. If he is sitting in judgement of Rangers on these matters, surely that's the least we can expect?


B&B Limited

Drysdale was a director of B&B Limited when it was dissolved at the instance of the Registrar of Companies on 23 June 2009.

- the accounts which he signed in August 2008 state that he had been a director since at least 1 December 2006, but his appointment form states that he was appointed in 2008 (that's my WTF point 2)
- loss for the year of £7,000
- I'd love to tell you what the loss was in 2006 but there are no comparative figures in the profit and loss account (that's my WTF point 3, a breach and completely unheard of)
- balance sheet insolvent to the tune of £15,000 but no disclosures regarding going concern or ability to continue trading (and indeed it was dissolved less than 12 months later)
- it should have submitted its annual return in December 2008, but didn't
- this is a breach of the Companies Act for which the current maximum fine is £5,000
- Drysdale also signed the accountant's report. What? Since when was he an accountant? What qualifications or experience does he have to sign that? Especially when the accounts contain (or not!) a number of non compliance matters and omissions. (that's so bad it qualifies as my WTF points 4, 5 and 6 - never in a quarter of a century in the profession have I seen this, a director who is not an accountant signing the accountant's report)

Given Drysdale's demand to punish Rangers to the maximum scale and beyond, one wonders whether he feels it would be equitable for him to also have been punished to the maximum for these breaches.


Airdrie

Airdrie supporters remember Drysdale kindly. When the old Airdrie died, and newco Airdrie applied for SFL membership, Drysdale was particularly sympathetic to their cause believing that Airdrie fans had suffered enough. Raith Rovers voted for newco Airdrie, although Gretna won the overall vote. Sympathetic to Airdrie following liquidation, but maximum penalty for Rangers - thanks, Eric.


Independence

On the Raith Rovers website www.raithrovers.net/directors Drysdale's "primary responsibilities are the management of cashflow [no laughing at the back], corporate governance [i told you, no laughing] and representation of the club at SFL and SFA meetings". Now we're talking. So he meets with the SFA. How many meetings with the SFA has he had? Who has he met with? Has anything ever been discussed at any of those meeting which is relevant, directly or indirectly, to the affairs of Rangers? Given the supposed independence of the Judicial Panel, will minutes of those meetings be published? In the intetests of transparency, you understand.


Banker

According to Drysdale's publicly available LinkedIn account, as a Sector Credit Policy Manager at the RBS he has responsibility for setting lending policy for certain key industries including professional football. Having all but bankrupted the country with their policies, the RBS know where they can shove those policies - the same Lawwell orifice in which Regan's tongue allegedly resides. But despite any other perceived failings, even I would find it hard to blame Drysdale for the catastrophic failures at the RBS.


Where does this leave Stewart Regan?

Appointments to the Judicial Panel are made by the Board of the SFA with reference to the Judicial Panel Terms of Reference. I have not been able to find this document on the SFA website. Perhaps in the interests of transparency, Regan should make it publicly available so that we can judge what procedures, including fit and proper tests, are carried out before appointing Panel Members. Regan did carry out a fit and proper test before Drysdale's appointment, didn't he?

It was reported today that Drysdale was "hand-picked for the tribunal" which is in accordance with clause 7.2.1 of the Judicial Panel Protocol, where each individual Tribunal is appointed by the Secretary. Who is that? It's Regan of course! So Regan decides exactly who sits in judgement on Rangers. (WTF point something, I've given up counting) He makes the appointments to each tribunal with reference to the Protocol for Tribunal Appointments. Once again I haven't seen this document and wonder whether Regan, in the interests of transparency, can direct me to its public availability.

We could ask Stewart Regan on Twitter for access to these documents but, ever transparent, he blocks Rangers supporters who ask difficult questions.

Rangers fans may now have zero confidence in Drysdale's fitness to serve on the Judicial Panel. And even less confidence in Regan's (hopefully soon-to-end) tenure as Lawwell's useful idiot. That is completely transparent.

[Prso's headband 35,426]

Great statment. Enjoying everything that's coming from the club at the moment. Handled with class and dignity as always.

[WilliamFyfe 1,438]

Good response

[Dutchy 1,200]

Great Statement, short and sweet. Whether you thing it could have been more, or less direct matters not.

What matters it was made, unlike the silence we've had to put up with for years and it sends out the signal, Rangers FC are not going to be messed with.

On the pitch, or in the press.

[eejay the dj 31,964]

Aye.

"The current SPFL Board is made up of Neil Doncaster (CEO), Ralph Topping (Chairman), Eric Riley (Celtic), Stephen Thompson (Dundee United), Duncan Fraser (Aberdeen), Eric Drysdale (Raith Rovers), Mike Mulraney (Alloa Athletic) and Ken Ferguson (Brechin City)"

Just coincidence then eh mate :-) Scumbags of the highest order

[kirkcolm 0]

Well said. It's what we now expect of our club. What a difference a few months make

[Malvern 11,329]

Good statement and certainly grounds for an accusation against those bastards as well for trying to besmirch us?

We did nothing wrong (not that that helps from past evidence) yet someone comes in and questions our integrity. I would fucking get into them personally!

[The Beast 9,207]

Aye.

"The current SPFL Board is made up of Neil Doncaster (CEO), Ralph Topping (Chairman), Eric Riley (Celtic), Stephen Thompson (Dundee United), Duncan Fraser (Aberdeen), Eric Drysdale (Raith Rovers), Mike Mulraney (Alloa Athletic) and Ken Ferguson (Brechin City)"

No friends to us in that shower of rogues

[cushynumber 25,178]

Vexatious is a great word.

I am terribly vexed.

[maverick1200 2,828]

Thou shalt not forget. Not only to Raith but for the rest of Scotland. Justice will be swift.

Whoever laughs last, laughs longest and with MW we will be laughing all the the way to the SPL title.

[kcd1983 25]

That happens most nights in Kirckaldy mate

Take a swift walk to the nearest pane of glass and proceed to lick it

[Inigo 32,526]

Had a wee looksee to see what the Raith fans thought of it on their "fans forum" (if you can call it that )

........

Not very good publicity for the club. I sincerely hope this isn't driven by any anti Rangers agenda.

I fully expect a right royal hammering tomorrow.

Then why make it public knowledge for the rest of the Scottish football world to snigger at our gaff.

Not one of our better judgements.

Deary me what were we thinking of.

Feel sorry for those souls making the journey through tomorrow in light of this.

Bad decision from Raith Rovers.

This adds unnecessary aggravation IMO and has massive potential to backfire big time on the pitch.

Worst comes to worst they take 6 or 7 off of us

:lol:

Really really really hope we pump these cunts rotten tomorrow.

Hoping for our biggest win of the season at the very least.

WATP

Aye. Seems a reasonable response from the Rovers fans. Suffering what we have in the recent past, in the sense that they have idiot-cunt owners.