Tag Archives: Brian Stockbridge

The Blue Knights Return? Stockbridge/Mather/Smart in Firing Line

A busy day for Stock Exchange announcements from our favourite source of news!

After the return of Mr Green, there was still time for a further announcement. Continue reading

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James Easdale Now Director of The #Rangers Football Club Limited – Maybe to Help Them Make Returns on Time?

James Easdale, the recently appointed non-executive director of Rangers International Football Club PLC (the company which owns the company which owns the assets and business which make up Rangers Football Club) is a very successful Scottish businessman and entrepreneur. He has a wide experience in business, having served as director of a large number of limited companies.

As required by Stock Exchange Rules, his appointment to the PLC Board was accompanied by an official statement.

However he has also achieved an additional position within the “Blue Room” at Ibrox, which could conflict with his non-executive role. Continue reading

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SFA v Craig Whyte Calls At Glasgow Sheriff Court This Week (On Conference Call)

Glasgow Sheriff Court has a very 21st century (or at least 20th Century) method of dealing with court actions under the Commercial Procedure. For disputes of a commercial nature, and if the pursuer in the action chooses to do so, there is a streamlined process designed to focus quickly on the issues in dispute and to reach a determination as quickly as possible.

This is achieved by having cases allocated to a particular Sheriff to take the dispute through all of its stages, and by having a procedural hearing (or Case Management Conference (CMC)) take place by conference call, rather than dragging lawyers from across the city or the country to the court to sit awaiting a slot in the diary.

Instead the nominated Sheriff assesses at an early stage what is in dispute in any case, and what each party is going to have to do to achieve victory. This can include the Sheriff pinning down solicitors as to the nature of a defence, or regarding witnesses to be called to court and the nature of the evidence they will give. The Sheriff can order production of expert reports and tell parties to have experts meet to clarify issues in dispute. Continue reading

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Filed under Civil Law, Courts, SFA

Rangers Show “Title Deeds” to Sunday Mail. But That Doesn’t Answer Mr Whyte’s Claims

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

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Filed under Charles Green, Land Registration, Rangers

Mr Ahmad Leaves the Rangers Stage – Does This Leave Only One Director of the Rangers Football Club Ltd?

According to the BBC, Rangers have confirmed that Imran Ahmad, the Commercial Director and close ally of Charles Green, has left the club.

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Of course, as a listed company, and as Mr Ahmad is a “key employee” (as described in the Prospectus, RIFC PLC needs to be careful about how it publicises the information, lest it be accused of releasing market-sensitive information inappropriately.

Mr Ahmad was of course not on the PLC Board, but he was on the Board of the Rangers Football Club Ltd. Continue reading

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