What Is The Five Way Agreement

However, the five-way agreement does not protect Newco from the CW Enduring Acts. In particular” “The SFA, Sevco and RFC accept that Sevco is responsible for all acts and/or omissions of the RFC and/or Rangers FC and the imposition of sanctions by the SFA at closing, with the exception of the CW exemption laws.” The five-way agreement was not a blank cheque. Remember that he also signed a statement that he signed on the Rangers accounts without knowing what was in them which (I think) is a misdemeanor, at least under HMRC regulations. You can`t fully understand Scottish football and what happened there without understanding it beforehand. I don`t buy trade secrets! There shouldn`t have been a chord wrapped on the pants legs! In the end, Sevco were not allowed to play in the Scottish Fitba. End of the. This document is confidential for a reason. The content of the document will not be too well received with the football (and probably above) public. Treating the payment of public fees with such contempt is a detestable practice, but easily fits with the SFA mantra This document is contrary to all the laws of the game because of the illegal purpose of its design. If there was something integrity in him. Even a hint of honesty would surprise me very much.

It`s just a charter of crooks, built and entered by crooks, and for the sake of crooks! This document is only an attempt to legitimization of their actions, if the Brown substance were to hit the most confused thing! An ass cover maneuver at the highest level! A piece of corrupted paper to protect the corrupt The word “confidentiality” used as a veneer of seriousness. It`s a secret! No more, no less. A secret between our governing bodies, a disgraced Oldco and a cabal of secret investors who qualify a Newco. A Newco that is not allowed to participate in our leagues and trophies. The organizations involved in this document are breaking the rules of the game. As such, they are…. Crooked, bent, corrupt! It`s a secret society. The late Paul McConville has written extensively on The Sevco Switcheroo, but what is at issue is essentially simple; Administrators Duff and Phelps were responsible for selling the Rangers` assets to a new buyer.