More from OnlinePubCo
- GIOVANNI DI STEFANO 'THE DEVILS ADVOKAT' SET TO INTERVENE IN EBT HEARING IN NOVEMBER
- SCOTTISH PREMIER LEAGUE LTD PRIMA FACIA INSOLVENT! CELTIC FC FOUNDED THE SPL MONTHS BEFORE SCOTTISH LEAGUE ANNOUNCED SPLIT INVESTIGATION FINDS.
- ONLINE PUBLISHING COMPANY AND ITS ASSOCIATED PAPERS SEEKS THE HOME SECRETARY TO RECOMMEND A FREE POSTHUMOUS PARDON FOR OSCAR WILDE FOR HIS CONVICTION IN 1895
- RANGERS FOOTBALL CLUB CLEARED FOR SPORT BUT QUESTION MARKS STILL HANG OVER THE ADMINISTRATION OF RFC PLC
- NEW TWIST IN RANGERS FOOTBALL CLUB SAGA: DI STEFANO CALLS IN THE FBI
GIOVANNI DI STEFANO THE DEVILS ADVOCATE MAKES HIS MOVE ON RANGERS FOOTBALL CLUB PLC
They say the Devil strikes when the furnace is hot and in the midst of the burning sun Giovanni Di Stefano better known as the Devil’s Advocate made his move on acquiring what remains of the corporate shell The Rangers football club PLC after the buzzards had taken all the meat.
Last month multi-millionaire Charles Green paid the Administrators £5.5 Million British Pounds for the assets of the company. His offer of a few pence in the pound to the creditors was rejected and the company was destined for the sporting ‘knacker’s yard’ after two centuries playing in top leagues.
Di Stefano announced via social network site Twitter that he was convinced The Rangers Football Club PLC had been the victim of a massive fraud that in his own words “reached so far at the top that all those involved- “the dramatis personae- and bit players wanted Rangers dead as soon as possible which would make the investigation harder and more time consuming.”
His letter to Duff & Phelps made the offer of £1 for the corporate shell stating: “By selling the company to me any remaining creditors are in a no worse position than by liquidation and if I am successful in any application to the English Premier or Football League there may well be a good chance that creditors will be repaid more than what was offered in the CVA. In any case at the moment they stand to receive nothing further than the proportion they received from the sale of assets.”
Di Stefano’s plan is to use the corporate shell that he says “has no assets and arguable no liabilities” and make an application to the English Premier or Football League. Yesterday the English Football Association stated that any decision on playing in England was “entirely a matter for the Premier or Football League.”
On Friday 13th July 2012 the Scottish Football League meet to discuss the admission of Sevco 5088 Ltd the company that acquired the assets from the Administrators to the Scottish League. Sources say that the deal on offer is for ‘Rangers’ to be admitted to Div.1 with no sanctions allowing Scottish Football a season to reorganise itself.
That may well be a solution but the Rangers fans are not keen on any favours to the top tier league and prefer a Div. 3 route but many also simply want to play in what one supporter said was “proper competitive football.”
Di Stefano has made clear that his aim is to ensure that The Rangers Football Club a founding father of international football does not die a death after two centuries of existence. “The forces though are against me because of the serious financial irregularities that have taken place from Directors, Bankers, Lawyers, Accountants, Media, and even political figures that simply turned a blind eye. I estimate over £50 million missing from the Rangers Football Club that made its way into the hands of companies with similar names and disguised as fees, consultancies, and now the easy way of hiding all of this is simply to kill off the company,” said Di Stefano.
Last month Strathclyde Police announced a criminal investigation into the affairs of the club but to date that seems to have stalled. “ If you think that one director of the company was disqualified and one only had to access the website of Companies House to see such yet nothing was done and the sale of a major international club was permitted to go ahead simply because at the end of the day millions in fees were earned,” said Di Stefano.
“I have commissioned a full investigation into this matter and what I have seen so far only touching the tip of the iceberg in February of this year there is no way Rangers were insolvent and no way should it have called in Administrators the same firm that had been commissioned and retained by Craig Whyte to acquire Rangers Football Club PLC. There may well be nothing wrong but it’s not about what is wrong with a conflict of interest but what is seen to be wrong,” stated firmly Di Stefano.
Di Stefano awaits hearing from the Administrators but in the meantime the questions he had drafted for the Parliamentary Committee from the Media, Sport and Culture will now not take place. “I heard from the Media, Sport and Culture Committee the enquiry scheduled this week would be adjourned. Yet more intrigue and yet more questions that dare not be answered,” said Di Stefano.
Last month multi-millionaire Charles Green paid the Administrators £5.5 Million British Pounds for the assets of the company. His offer of a few pence in the pound to the creditors was rejected and the company was destined for the sporting ‘knacker’s yard’ after two centuries playing in top leagues.
Di Stefano announced via social network site Twitter that he was convinced The Rangers Football Club PLC had been the victim of a massive fraud that in his own words “reached so far at the top that all those involved- “the dramatis personae- and bit players wanted Rangers dead as soon as possible which would make the investigation harder and more time consuming.”
His letter to Duff & Phelps made the offer of £1 for the corporate shell stating: “By selling the company to me any remaining creditors are in a no worse position than by liquidation and if I am successful in any application to the English Premier or Football League there may well be a good chance that creditors will be repaid more than what was offered in the CVA. In any case at the moment they stand to receive nothing further than the proportion they received from the sale of assets.”
Di Stefano’s plan is to use the corporate shell that he says “has no assets and arguable no liabilities” and make an application to the English Premier or Football League. Yesterday the English Football Association stated that any decision on playing in England was “entirely a matter for the Premier or Football League.”
On Friday 13th July 2012 the Scottish Football League meet to discuss the admission of Sevco 5088 Ltd the company that acquired the assets from the Administrators to the Scottish League. Sources say that the deal on offer is for ‘Rangers’ to be admitted to Div.1 with no sanctions allowing Scottish Football a season to reorganise itself.
That may well be a solution but the Rangers fans are not keen on any favours to the top tier league and prefer a Div. 3 route but many also simply want to play in what one supporter said was “proper competitive football.”
Di Stefano has made clear that his aim is to ensure that The Rangers Football Club a founding father of international football does not die a death after two centuries of existence. “The forces though are against me because of the serious financial irregularities that have taken place from Directors, Bankers, Lawyers, Accountants, Media, and even political figures that simply turned a blind eye. I estimate over £50 million missing from the Rangers Football Club that made its way into the hands of companies with similar names and disguised as fees, consultancies, and now the easy way of hiding all of this is simply to kill off the company,” said Di Stefano.
Last month Strathclyde Police announced a criminal investigation into the affairs of the club but to date that seems to have stalled. “ If you think that one director of the company was disqualified and one only had to access the website of Companies House to see such yet nothing was done and the sale of a major international club was permitted to go ahead simply because at the end of the day millions in fees were earned,” said Di Stefano.
“I have commissioned a full investigation into this matter and what I have seen so far only touching the tip of the iceberg in February of this year there is no way Rangers were insolvent and no way should it have called in Administrators the same firm that had been commissioned and retained by Craig Whyte to acquire Rangers Football Club PLC. There may well be nothing wrong but it’s not about what is wrong with a conflict of interest but what is seen to be wrong,” stated firmly Di Stefano.
Di Stefano awaits hearing from the Administrators but in the meantime the questions he had drafted for the Parliamentary Committee from the Media, Sport and Culture will now not take place. “I heard from the Media, Sport and Culture Committee the enquiry scheduled this week would be adjourned. Yet more intrigue and yet more questions that dare not be answered,” said Di Stefano.
What do you think of this story?
Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
Be and editor! Choose an option below:
iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.
© 2013 Cable News Network. 
Comments