A former close business associate of Sir David Murray is set to be paid a visit from the boys in blue any day now, and no I don’t mean players from Sevco.

This colourful business wheeler-dealer, who some claim would make Del Boy look like the Bank of England’s Governor Mervyn King, also worked on the Board of the Daily Record and Sunday Mail Ltd with Murray’s close friend and former financial advisor Sir Angus Grossart.

The ex-pupil of the private boarding school Loretto in Musselburgh is expected to be charged following enquires over financial irregularities in a business venture backed with tax payers money through Scottish Enterprise.

The much hyped venture went down quicker than Nacho Novo in the penalty box. It left a trail of debt with the tax payer at the top of the queue and several enraged sports stars and business people following behind. Among the star names said to have invested in the doomed project were Celtic Captain Scott Brown along with Gary Naismith, Gary Caldwell and Kenny Miller

It is not known if Sir David or Sir Angus will be called as character witnesses for the ‘businessman’ who once used offices at Ibrox Park; if David and Angus give their testimony it might be well worth listening to!

A developing story…

Comments

  • captainmoonlight

    Phil,where can I buy the new book?
    Hope to see you back at the Columba Club in the not too distant future.
    Hail Hail

  • petegrant

    hi anybody tell me when the new book comes out
    Downfall ,

  • Huckleberrytim

    Any plans for a book signing at Waterstones, Sauchiehall Street, Phil – or would that be too hot for them to handle? Anyway, I am going to purchase the book from them – so that I can see what sort of display they give it. I have no reason to believe that it won’t get good exposure, but I am curious.

  • Colin S

    I see someone has used an analogy from my favourite film JFK,another one is ” It’s a mystery wrapped in a riddle inside an enigma”,let’s hope the relevant authorities get to the bottom of it.

    • Blogiston

      “I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma…” :- Winston Churchill, 1st October, 1939

  • jjbhoy

    hi phil,a wee bit off of the conversation but had to say in case nobody had pointed this out already,santa cruz in a division 4 game only last year had the REAL world record of 59,166.this only confirms as before that the”journalists”in scotland still tell lies!!! aha aha aha!!! keep up the great work phil and good luck with the book!!!

  • Slugger O'Toole

    Boys in blue good , Sevco bad .

  • The Wallace

    This could be the start of the dominoes falling, although I was looking forward to synchronised dawn raids and people being led into black maria’s with jackets over their heads.
    On another topic my sympathies go out to the Falkirk PA announcer who was hauled over the coals for calling the team that play at Iboaks “The Sevco Franchise” instead of the legally and morally doubtful ‘The Rangers’, it is like something out of Orwell’s novel ’1984′ or maybe more appropriately ‘Animal Farm’. The thought police are after anyone who does not adhere to the Rangers still exist mantra.

  • BartinMain

    What a sorry affair, can’t imagine anyone coming out of this looking noble.

  • Dougie

    Bring it on, and bring ‘em down ……..

  • a cannie w8 4 the big curtain tae cum doon oan ‘em,this is pure dead brilliant phil DEFINITELY a blockbuster of mammoth proportion, hope they aw’ end up same funny farm,cumtae think of IT THEY’RE ALREADY THERE tee hee

  • Keep being “relentless” Phil
    Ps book pre ordered from amazon :0)

  • Antonious F

    The back scrathcing these guys were deoing for each other, seems to be developing into a permanent itch. In this case, the doctor will have to make them take their medicine.

  • Frankier

    Greenallover – My wife doesn’t need to have any friends in corporate banking for me to know that you can’t get £23million pounds handed to you without a genuine, within the law type of security and a team of expert lawyers and accountants to boot. I can’t see Ticketus going away. After all, they provided the cash to allow Lloyds Bank to walk away.

  • Gerry

    The troubles with sevco & their orchestrators is as long as its deep.

    My concern is that there are so many lines of enquiry over so many issues that some will be left in the long grass.

    Whatever happened to D&P’s report to Lord Hodge for example & when do BDO get involved in the mix?

    I am concerned by the time the relevent authorities get involved a laisse faire mmindset might prevail as opposed to a tenacious investigation to bring wrongdoers to book.

    Time will tell.

  • greenallover

    You get the feeling this is gonna explode sometime Phil.It seems that we cannot discount even the wildest rumours on the net.Once BDO have the powers to investigate i expect major problems for The rangers.This would explain Green’s haste to get onside with the peepil,he needs the cash to flow till BDO,coupled with the SFA,HAVE to close this whole sorry mess for good.For The rangers fans to expect a company like Ticketus to simply drop £26 million is incredible.A friend of my wife works in corporate banking, and she reckons the guarantees Whyte would have needed to gain that money would have been ridiculous.And we have not mentioned Octopus,who’s tentacles are still snaking round ibrokes.I look forward to reading your book,im sure it will be very enlightening. HH

  • Island Mac

    Phil

    If your story is in fact true, and I do not doubt it, then I hope it is the first of many on this particular topic. Scottish Enterprise, has squandered millions of public money over the years, much of it to its’ own favoured projects. There is a parallel here in fact with the activities of the Bank of Scotland over the past twenty years or so, in terms of what the FSA report on HBOS, called a tendency towards financing what are referred to as “single names” I suspect the subject of your story comes into that category.

  • tallybhoy

    Phil

    You did not say if this ‘individual’ had any dealings with Craig Whyte?! I wonder?!

    Dont expect to read anything about this in the Scottish msm!

    Interesting few days ahead!

    HH!!

  • Oh what a tangled web we weave, when first we practise to deceive!

    Could this be the start of Rangers’ Jericho Walls tumbling?

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