Wednesday 22 February 2012

SPL - Double Standards At The Double

Some of you may recall in the not too distant past, Celtic Chief Executive Peter Lawell, playing down IRA chanting by the Celtic support by describing it as “offensive rather than sectarian”. Of course since that time further spins have been put on this conduct even suggesting “its political not sectarian”

Poppycock.

Lets nail this once and for all. Sinn Fein were the political wing of Irish Republicanism, the Irish Republican Army, was, and still is a proscribed terrorist organisations who engaged in a terrorist war committing murder and undertaking sectarian killings. If anyone cares to deny this go and google Kingsmill Massacre.

But Lawell's actions were motivated by a realisation that neither he, nor others within the Parkhead echelons would be unable to stop the regular support afforded to this terrorist organisation.

Funnily enough a similar conversation has entered the arena in recent times concerning the word “hun”. This is despite the fact Scotland's prominent anti-sectarian charity, Nil By Mouth has the following to say on the use of the word....


Quote
"Offensive sectarian language is still used in Scotland on a daily basis, with abusive terms such as “Hun” and “Orange bastard” being used negatively against Protestants (or those perceived to be) and others such as “Fenian” and “Taig” used negatively against Catholics (or those perceived to be)."


Lets not get bogged down arguing the rights or wrongs of this...but instead look at its ramifications and consequences, and accept it as something of a benchmark whether we like it or not.

On Saturday some Rangers fans mocked referee Ian Brine's gross incompetency by singing “Whose the fenian in the black ?” As a consequence Rangers are now under investigation by the SPL - unacceptable conduct - for sectarian chanting. Ok fair do's given the Nil By Mouth benchmark.

However for several weeks now the rest of Scotland have been treated to Celtic supporters singing and displaying scarves making reference to “Huns”. In addition the old IRA choruses have not stopped either. Despite this however no investigations have been launched by the SPL despite it meeting the same benchmark for sectarian behaviour which gave rise to an investigation into Rangers ?

The SPL should tread very carefully. Documented evidence of Celtic supporter's bigoted chanting in recent weeks has been catalogued on the internet.

http://doublestandards.bplaced.net/

Whats good for the goose.....

Sunday 19 February 2012

A Question of diligence

“Due Diligence”

I have to admit I had to look it up to fully understand what it meant. These words keep cropping up in conversations about my club, and I felt it was important to fully appreciate the meaning. For those who haven't yet looked it up let me save you the bother...

"Due diligence" is a term used for a number of concepts involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for acquisition.

We shall return to this term and its significance in due course.

This story starts way back in October 2009 with the news that Donald Muir had joined the Rangers board. Described as having “more than 25 years' experience of strategy implementation and business transformation activity internationally in a variety of industry sectors” he was regarded as something of a turnaround specialist. The Rangers support was initially told that Muir, who had a remit to oversee the MIH empire and was not employed by the bank but by Sir David Murray.

The following 2 articles written and published by the Rangersmedia website were composed on the strength of those assurances given to the support.

http://home.rangersm...-the-truth.html

http://home.rangersm...hin-redux-.html

The media also were sown the same line though the ever cynical James Traynor sniffed something was amiss (Even a broken clock is right twice a day)

http://blogs.dailyre...crossroads.html


Its perhaps worthy to mention that by the time Muir was appointed in October 2009, Sir David Murray had stepped down as chairman leaving Alistair Johnston to replace him 2 months previously.

But all was not well and rumours were rife about the exact nature of Donald Muir's role at the club, with matters coming to a head on October 24th 2009 with manager Walter Smith publicly declaring "As far as I'm concerned the bank is running Rangers."

It eventually emerged that Muir's role at the club was not as had been previously described but hat he Muir was placed on the board by Lloyds Banking Group as a condition of them extending Rangers’ credit facilities.

http://www.express.c...sts/view/238170

One begins to wonder. given the events of the last few weeks. if lying to the Rangers support is a condition of ownership.

Moving away from football for a minute to a world undergoing something of a recession Sir David Murray's own business interests were not enjoying the success they once had ,with Lloyds bank having to inject £150 million in equity into the group as the group underwent restructure.

http://www.bbc.co.uk...siness-12975048


Could it be that this, along with the heavily underwritten shares issue in 2004 , was trying the patience of Lloyds with the mercurial entrepreneur ?

Of course by this time Sir David had apparently tired of his plaything, despite assertions years earlier that his bloodline would take over the club after him, and the club was on sale. Of course the news that an alleged misuse of EBT's during Sir David's reign made selling the club akin to Mission Impossible. Well nearly. For Donald Muir during his time at Rangers had produced a Global Prospectus with the intention to attract multi-rich buyers.

http://www.heraldsco...-hunt-1.1027050

Ethan Hawke ? Well I suppose that would added some variety to the vultures already at our club.

But there are those 2 little words again in that article...due diligence. The investigation into these prospective buyers had revealed that they did not meet Sir David's criteria of taking the club forward. Among other things of course. Another name emerged on the scene as well – that of Andrew Ellis, a little known character with something of a questionable past. I assume due diligence was exercised with regard to the aforementioned hence why that interest came to nothing.

Amidst all the doom gloom surrounding Rangers finances a new name appeared on the scene that of Craig Whyte with Donald Muir promoting the sale to Whyte as a viable option for the club.

A quick google search on Craig Whyte actually revealed very little on him, and those who dug a little bit deeper could find little with regard to his finances. Yes some reports have suggested he is a mutli-millionaire or even billionaire. And this may be the case – but the evidence to support this assertion cannot be found in terms of pounds shillings and pence.

But that of course is just the limited searches of your average bear on the internet. I would imagine the due diligence in respect of the take over of a football club and business warrants considerably more investigation than any interested or concerned fan in the street can muster.

The deal of course to sell our club to Craig Whyte of course materialised and the rest as they say is history.

Which leaves me with a number of questions for Donald Muir...and indeed Lloyds Bank.

What process of due diligence was undertaken by Donald Muir that caused him to promote the sale of our club to Whyte.

If any kind of due diligence was carried out why did it not reveal that Andrew Ellis was connected to Craig Whyte ?

If it was undertaken and the Ellis connection was discovered why did the sale go through when an earlier bid appeared to have faltered ?

What we do know is that when our board at the time got wind of the sale to Whyte they resisted it tooth and nail with both Alistair Johnston and Paul Murray trying to raise funds, in a vain to prevent his purchase.

Did they read the same due diligence report on Whyte which Donald Muir had read ?

So what did Alistair Johnston and Paul Murray see that alarmed them so much, yet Donald Muir promoted the sale ?

And 1 final questions for Donald Muir.

Whose interests were you acting when you promoted the sale of Rangers football club to Craig Whyte, Rangers or Lloyds Bank ?

Thursday 16 February 2012

Scotland Beware...Our Standard is Raised

Its funny how things can turn around. Ask any Rangers supporter who has been following our club's saga on message boards, social networks, news channels and printed media. If this was a tv soap it would be criticised for having too much drama. Where it will end goodness only knows, this bear has long given up trying to even remotely predict the outcome.

Instead perhaps it's worth turning our attention to what we do know.

On the announcement of administration for Rangers there were a fair few people who could barely contain their joy, they texted about it, they tweeted about it and they openly laughed and joked about it.

But they ain't laughing now.

In fact they are sitting watching events unfold with increasing alarm and a dawning realisation.

Its not the fact that every 5 minutes or so news commentaries are describing Rangers as the most successful club in the world, nor is it even that we are being hailed as the biggest and best supported club in Scotland or that we are an institution, which is an integral part of Scottish society, and part of the identity of millions of people not just in this country but around the globe. Neither is it that politicians, from first ministers to prime minsters and commentators from the world of sport and beyond sport, are openly encouraging Rangers to survive and come through this troubled time.

No, what is causing mass trepidation amongst those who hate Rangers is that the events of the last few days have shaken the colossal beast which is the Rangers support out of hibernation. The fabled army has risen and is on the march and God help anyone or anything which gets in its way.

The majority which has been silent for far far too long, have finally found their tongues. In cities, in towns, in villages, in glens, in valleys, in shires the call to arms for the Rangers is being answered. But don’t think this mobilisation will be restricted to merely a football club and sport. That's the problem with kinetic energy, once you get a huge mass moving who knows where it will stop. Perhaps that's why so many politicians wish to be seen to be supporting Rangers cause in these troubled times. I suspect they realise that not only have the Rangers support remembered how to use their voice, but also their vote.

Even now the foot soldiers of this army are starting to ask the awkward questions and identify those who appear to stand in their way, the enemies of this club are being noted, and they will not be forgotten. Not now. Not ever.

Moreover lessons have been learnt. The placing of trust in certain individuals, and following faithfully without question have been exhausted. I have a feeling once realised this will extend beyond the spheres of Rangers FC to the very fabric of the society they live in. Isn't kinetic energy a bitch ?

There may come a day when football supporters accept with a mere shrug of the shoulders that their football club is all but gone.





But this will not be the day. Nor will it be Rangers FC.

Friday 3 February 2012

The Tale of 2 Chairmen

If you were to read through most of the Scottish Press, and the current pantomime which is our beloved football club, you be forgiven if you hissed at the mention of Craig Whyte and cheered when mention was made of Sir David Murray. But of course just like panto...all is not as it seems.

Its ironic that one of the few Scottish journo's who has criticised SDM's financial stewardship of Rangers Football Club was one Graham Spiers aka Odious Creep. But don't be fooled for a minute that this was done out of journalistic conscience...the truth probably lies in a conversation SDM had with Spiers some years ago where he referred to him as “the Judas Iscariot of Scottish journalism”. Spiers has been like the proverbial scorned woman ever since, allowing his festering bitterness to betray his journalistic integrity and impartiality. Its not without coincidence that the 2 newspapers he has worked for recently have seen their sales figures drop and both have decided that Spiers was dispensable.

But this is not about Creep...this article is about something significant...the portrayal in the press of 2 Rangers Chairmen.

David Murray rode into Rangers like a Knight Champion embracing and taking ownership of a football club which was going through a dramatic resurgence under the direction of David Holmes. The latter had shocked Scottish Football by appointing Graeme Souness as player manager and made monies available which lifted this great club out of a period of stagnation and failure. It seemed like a marriage made in heaven Scotland's greatest football team and one of Scotland's most successful businessmen. An Ayr United supporter as a boy, David Murray had sought to involve himself with his boyhood heroes but had been knocked by by the board. It looked like their loss would be Rangers gain.

Perhaps Murray's first AGM gave an insight to the future. A shareholder had the temerity to ask a difficult opening question and was swatted down by an ebullient David Murray. Another shareholder then pointed out to Murray that that was no way for a Rangers chairmen to behave, particularly towards the Rangers support. An apology was duly forthcoming...but alas the lessons were never learned.

As Laudrup's and Gascoigne's amongst others adorned the famous blue shirt, this squad of superstars triumphed, as did David Murray's profile. He had the press eating out of his hand but behind the scenes all was not as it seemed. Despite what some sadly still believe to this day, the money for all these superstars was not coming from David Murray's pockets but Rangers FC, and the amounts involved were simply not sustainable. In short David Murray ran up huge debts which eventually caught up with him and Rangers FC. When the bad news emerged, David Murray disappeared from the board leaving the hatted John McLelland to face the angry Bears. When the going got tough...David Murray got going...into voluntary obscurity. He re-emerged, surprise, surprise, when football matters took a turn in the right direction.

Some argue to this day that David Murray got caught up in the dream of Euro success, he took a gamble to raise Rangers to a higher profile, and it failed. Whatever the reasons his actions crippled our club financially and the Laudrup's gave way to the Ostenstad's. Its perhaps misplaced loyalty that many Bears still viewed the now Sir David Murray as a hero, despite the fact the bank's trust in his ability to manage the business side of Rangers appeared to have all but evaporated.

Under the stewardship of Sir David Murray Rangers FC had been run into the ground financially. Despite previous promises that his sons would take over the legacy of Rangers FC, alas the only legacy the outgoing SDM left was a tax case which has the potential to lead our club into administration.

Craig Whyte on the other hand has been a Rangers supporter all his life, as was his father before him. And that is not the only difference between the 2 chairmen. Craig Whyte has taken over a club few would relish owning at this time. A shambolic financial mess, and having to deal with a potentially ruinous tax case, courtesy of the previous administration.

He is walking where other fear to tread. And I would hazard a guess its not to raise his own profile, nor as some Rangers haters based in Donegal would like us all to think...to make a quick buck. Furthermore Craig Whyte appears to feel the urge to defend Rangers FC and the support, something the previous administration appeared not to have the stomach for.

Craig Whyte has not come out with bombastic statements or press friendly soundbites, instead he plays his cards very close to his chest, only time will tell how good a chairman he will be for Rangers FC.

And yet despite all this it is the latter chairman who attracts the negative press attention.

2 chairmen – One Knight.

I know which one I want defending my club's honour and future.