One wonders who is responsible for writing the Stock Exchange releases for Rangers. I have mentioned before the fact that, in every LSE statement, there is mention that the “Club” is managed by Ally McCoist “who is still the Club’s all time leading goalscorer”.
One wonders if they will ever mention his managerial skills, which might seem more relevant for investors reading the releases.
One also wonders if the people who write these statements on behalf of Rangers realise that there is such a thing as “over-egging the pudding”.
Yesterday’s statement contained a masterpiece of the art. Did you spot it? Continue reading
At the end of my post this morning about the Pinsent Masons investigation into “the connections between Craig Whyte and former and current personnel of the Company and its subsidiaries” I wondered how the mainstream media might report matters.
The answer has come quickly.
The BBC has a story, which can be found here, headlined “RANGERS CONFIRM NO LINKS BETWEEN CRAIG WHYTE AND CHARLES GREEN.”
The Scotsman’s website has a similar story here. That has the headline – “RANGERS PROBE FINDS NO GREEN-WHYTE LINKS”.
The Daily Record’s headline, on its story here, is – “RANGERS’ INDEPENDENT INVESTIGATION FINDS NO LINKS BETWEEN NEW REGIME AND CRAIG WHYTE”. Continue reading
So the verdict has been pronounced…
30 May 2013
Rangers International Football Club plc (the “Company”)
Conclusion of Independent Review
On behalf of Rangers International Football Club plc, the non-executive directors of the Company (the “Investigation Committee”) engaged the law firm Pinsent Masons LLP to investigate the connections between Craig Whyte and former and current personnel of the Company and its subsidiaries (the “Investigation”).
The Investigation was overseen by Roy Martin QC.
The Investigation concluded on 17 May 2013 and Pinsent Masons and Roy Martin QC have reported to the Investigation Committee. The Investigation Committee is satisfied that a thorough investigation was conducted despite the inherent limitations of a private inquiry. Continue reading
Your assertion that because a different company now owns “Crystal Palace” means that the club is a different club is not quite correct.
Crystal Palace was incorporated as in 1905 and remained within this legal structure until 1984 when a new company was set up called “Crystal Palace FC (1984) Limited” and set ups as a subsidiary of “The Crystal Palace Football and Athletic Club Limited”.
“Crystal Palace FC (1984) Limited” took over the operation of the business and assets of the football club but remained as part of the group structure of “The Crystal Palace Football and Athletic Club Limited”. It changed its name to “Crystal Palace FC (1984) Limited” in May 1986 before being placed into administration in March 1999. Continue reading