Today’s Sunday Mail (though not yet online as far as I can see) solves the mystery over the “title deeds” to Ibrox and Murray Park. Brian Stockbridge, effectively the only Director of Rangers Football Club Ltd and, at least according to Companies House, the only executive Director of RIFC PLC, is pictured with the relevant Land Certificates. Land Certificates are what replaced “title deeds” in Scotland after 1979 – one neat document, including a plan, giving all of the relevant details about a property, including who owns it.
The “title deeds” prove that Ibrox and Murray Park are not owned by Craig Whyte, or Sevco 5088 Ltd or Worthington plc, or Mr Earley, or Mr Green, or even Mr Custard.
They will show either that the title is in the name of Sevco Scotland Ltd or Rangers Football Club Ltd. Those are in fact the same company, the name having changed on 31st July 2012.
The Land Certificate will not, I think, be in the name of RIFC PLC simply because it owns 100% of Rangers Football Club Ltd, and does not need directly to own the land and buildings.
So all is well – Mr John Brown can see the deeds and this proves that Mr Whyte has no claim!
Except it does not. Continue reading