MCLACHLAN1 Posted June 27, 2012 Share Posted June 27, 2012 Rangers’ takeover consortium has hived off Ibrox and Murray Park to a separate new company.Sevco Scotland Limited has applied to the Registers of Scotland for the title deeds for the stadium and the training ground Murray Park, as well as the Albion car park, to be disposed to it.The company, whose sole director is Charles Green, is separate from the 'newco' that was due to receive the club’s assets as previously identified by administrators Duff and Phelps.According to proposals sent out to creditors owed £124m by the club, the new business entity that would hold the assets of the club was Sevco 5088 Limited, established by London law firm Field Fisher Waterhouse, which is advising Mr Green’s consortium on the takeover.Sevco Scotland Limited, which was incorporated on May 29, made applications to transfer the title deeds of the property on June 15, the day after Mr Green held a media conference at Ibrox with the consortium’s 'financial adviser', Imran Ahmad, where he announced the purchase of the club’s assets had gone ahead.The asset sale to a newco came after the proposed company voluntary arrangement (CVA) offer to creditors, funded by an £8.5m loan from Sevco, was rejected by HM Revenue and Customs (HMRC).According to the title deeds lodge with the Registry of Scotland, the floating charge transferred to previous owner Craig Whyte is still outstanding over the Murray Park training ground in Auchenhowie Road, Milngavie. The standard security to the Scottish Sports Council over the facility, created in 2002, is also still active according to the registry.Under the purchase of the club’s assets outlined by Duff and Phelps, Green’s consortium wear to put £5.5m into Rangers FC plc, before the property and other assets were transferred to the newco, Sevco 5088.The relationship between the two Sevco companies is currently unclear, while Mr Green is also listed as the sole director of another business entity called RFC 2012 Limited, which was incorporated last Thursday, June 21. Quote Link to comment Share on other sites More sharing options...
Johnson Posted June 27, 2012 Share Posted June 27, 2012 Fuck me. Where did you get this from? Does this mean that wee cnut Whyte is still involved? Quote Link to comment Share on other sites More sharing options...
MCLACHLAN1 Posted June 27, 2012 Author Share Posted June 27, 2012 Fuck me. Where did you get this from? Does this mean that wee cnut Whyte is still involved? it appears so Quote Link to comment Share on other sites More sharing options...
beerbelly Posted June 27, 2012 Share Posted June 27, 2012 According to the title deeds lodge with the Registry of Scotland, the floating charge transferred to previous owner Craig Whyte is still outstanding over the Murray Park training ground in Auchenhowie Road, Milngavie. The standard security to the Scottish Sports Council over the facility, created in 2002, is also still active according to the registry.wheres the proof? until some provided i will say total utter pish Quote Link to comment Share on other sites More sharing options...
The Godfather Posted June 27, 2012 Share Posted June 27, 2012 When it rains it pours. It's just one wave of pish after another for us fans to deal with it seems. Green really needs to let fans know his intentions or this will get ugly imo. Quote Link to comment Share on other sites More sharing options...
trueblueal Posted June 27, 2012 Share Posted June 27, 2012 What the fuck is going on. Still time to get down to Ibrox tonight and demand answers. Green is a snake. There's a reason every Rangers man in the inside has walked. Quote Link to comment Share on other sites More sharing options...
Shuggy Posted June 27, 2012 Share Posted June 27, 2012 I remember DM used to play funny games with various companies related to the club and all under his Murray Holdings umbrella companies?Sevco obviously have a right to the title deeds, its part of the takeover deal. I presume your problem is with it not being transferred to the "Rangers 2012" company that is currently being set up?But yes, some clarity would help instead of defaulting into conspiracy mode. Quote Link to comment Share on other sites More sharing options...
MCLACHLAN1 Posted June 27, 2012 Author Share Posted June 27, 2012 wheres the proof? until some provided i will say total utter pishyeah it's been 'total utter pish' all along hasn't it? Quote Link to comment Share on other sites More sharing options...
Potdog Posted June 27, 2012 Share Posted June 27, 2012 yeah it's been 'total utter pish' all along hasn't it?Don't know what you expect people to do? Quote Link to comment Share on other sites More sharing options...
gersandy Posted June 27, 2012 Share Posted June 27, 2012 I wonder if this was all part of Craig Whites plans when he put us into admin. We seem to be lurking from one disaster to another just now. Quote Link to comment Share on other sites More sharing options...
The Dude Posted June 27, 2012 Share Posted June 27, 2012 Where is this from? Who is it written by? What evidence is there to back his claims up? Quote Link to comment Share on other sites More sharing options...
King Jela Posted June 27, 2012 Share Posted June 27, 2012 Craig Whyte must die. Quote Link to comment Share on other sites More sharing options...
Big Al 55 Posted June 27, 2012 Share Posted June 27, 2012 "Where is this from? Who is it written by? What evidence is there to back his claims up? "--On STV News. Quote Link to comment Share on other sites More sharing options...
BawdeepLoyal Posted June 27, 2012 Share Posted June 27, 2012 Whomever it was, is illiterate.Amazing how lazy folk are nowadays - almost tarrier like. Quote Link to comment Share on other sites More sharing options...
Fastrax Posted June 27, 2012 Share Posted June 27, 2012 If this is true it sort of fits with bombers talk of Green not showing the title deeds, interesting and scary to say the least. Quote Link to comment Share on other sites More sharing options...
MarathonMan Posted June 27, 2012 Share Posted June 27, 2012 Where is this from? Who is it written by? What evidence is there to back his claims up?Its from STV.Frightening stuff. The man has to be stopped. Immediately. Quote Link to comment Share on other sites More sharing options...
trueblueal Posted June 27, 2012 Share Posted June 27, 2012 Even if Greens name is on the deeds we won't have a clue who is behind Green Quote Link to comment Share on other sites More sharing options...
don1972 Posted June 27, 2012 Share Posted June 27, 2012 Even if Greens name is on the deeds we won't have a clue who is behind Greencraig whyte ?????? Quote Link to comment Share on other sites More sharing options...
North Rd Posted June 27, 2012 Share Posted June 27, 2012 And did the players not state way back that if Shyte was anyway involved they could walk for nothing! Quote Link to comment Share on other sites More sharing options...
trueblueal Posted June 27, 2012 Share Posted June 27, 2012 Muddying the waters by moving assets around to different companies. Greens said he isn't rich he's a smalltime investor and an employee who can be fired. Why then is he the sole director of this new company. Who owns the shares and is allowing Green to move assets? We know fuck all about this guy and he's telling us nothing. This reeks, the signs are there and the ostriches shouldn't ignore them. Quote Link to comment Share on other sites More sharing options...
don1972 Posted June 27, 2012 Share Posted June 27, 2012 im just convinced he is lurking in the background...your right about the players well they are walking anyway.... Quote Link to comment Share on other sites More sharing options...
54andcounting Posted June 27, 2012 Share Posted June 27, 2012 AAAAH! not that name again, first it was him, then Green, is gold next! Quote Link to comment Share on other sites More sharing options...
RFCstuart Posted June 27, 2012 Share Posted June 27, 2012 So, Murray Park and Ibrox are being moved to a separate company, Green sells the club ('Sevco 5088') to whoever, then leases Ibrox/Murray Park back to us? Quote Link to comment Share on other sites More sharing options...
trueblueal Posted June 27, 2012 Share Posted June 27, 2012 http://www.firmmagazine.com/news/2954/New_owners_for_Ibrox_as_Form_2_lodged_at_Registers_of_Scotland.htmlThe stadium and training ground to be held by a separate entity from the footballing company. Doesn't sound good Quote Link to comment Share on other sites More sharing options...
thedarvelmarvel Posted June 27, 2012 Share Posted June 27, 2012 was warned last mopnth by sheffield fans,dont let him near your club.it looks like good advice. Quote Link to comment Share on other sites More sharing options...
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