Only those with no sources and a less than critical eye would have considered yesterday’s Lite AGM a damp squib. Have a look at the following photograph from the event at what is known locally as The Armadillo:
The individual to the right of The Bent Brief. James Blair, is from Campbell Dallas. The individual to the right of the inordinately bent Andrew Dickson is Lite’s director of football Mark Allen. King came in to the auditorium mob-handed. There was an attempt to gloss over the conspicuous absence of a first team coach. Apparently the search is thorough. So thorough that no fewer than three approaches have been made to McInnes’ agent. However what will happen if McInnes is a man of integrity and is true to his word? Let’s be crystal clear about the failings of this rogue board. Let’s point the fingers at Robertson, Dickson and Park who foisted an imposter with a line of soft credit on the Lite support and when his tenure began to unravel made no provision for succession planning.
King, as glib and shameless as ever, highlighted the fact that it can take 3 months to hire an executive at his bent corporate concern, which is listed on the JSE as MMI. However three months is a long time to entrust a professional football team to a youth coach. Had it not been for an appallingly bent display by Andrew Dallas, Lite would have lost three games on the bounce and gone into Sunday’s game against Aberdeen with Tavernier and McRorie both suspended. I add the caveat that Lite would have abused the appeal process and that the Lite-facing Judicial panel would have rescinded both red cards.
No-one was accountable for performances on the park. They might as well have put a tub of lard in Allen’s place as he had nothing of value to add. Having dodged this bullet King then became cocky and had a mendacious go at The Easdales. King knows full well that David Somers was duty-bound as Chairman of RIFC plc to advise the Takeover Panel of irregular concert party activity. So what was he playing at? He was attempting to con the audience that they had made the right choice when voting for a convicted criminal as their Chairman, and simultaneously having a sly dig at the only opposition to Resolution 11.
Given that King has denied voting rights to the Easdale proxy and arranged for James Blair’s Club 1872 to buy off Ashley, Resolution 11 is a shoe-in. When King disingenuously claimed that he was not at liberty to disclose the £3m pay off everyone knew that he was lying and had spun the outcome as a victory for his tenacity. Ashley had pulled King’s panties down and caned him until he coughed up. Had King gone to court Lite would have been circa £5m out of pocket. This is instructive of what occurs when a career criminal is given free rein in a PLC.
King pointed out that Lord Bannatyne had yet to publish his findings. When the former Scottish Lord Advocate, Baron Davidson of Glen Clova, who is a member of The Speculative Society and a 32nd Degree Freemason, asked a fellow member of The Craft for some leeway apropos King, does anyone have any confidence in Bannatyne’s conclusions? King anticipates the fix being in. One can but hope that justice will be seen to be done.
The main takeaway from yesterday’s conclave was that King is going to face the Cold Shoulder with impunity. He is not going to step down as Chairman. He is planning to maintain the lie that NOAL is the shareholder of the RIFC equity and that he is at Arm’s Length from this BVI trust fund. A trust fund that is curiously prepared to loan funds to a distressed company at his apparent beck and call. King stepped down from the board at MMI for the second time – the first time was to face racketeering charges – to insulate his company from The Cold Shoulder. However when it comes to RIFC he does not give a flying fuck. He might have conned the audience at The Clyde Auditorium but make no mistake about it this glib and shameless bastard is going down irrespective of any high jinks in high Masonic places.
In further news the quantum of the sale of Barrie Mackay, who was on his way to LB Leipzig for £6m according to Keith Jackson, was deemed bad management. Will Stewart Robertson be reprimanded? Of course not. The £6m fee was a a figment of Traynor’s imagination. Had he been sold for this quantum Lite would have recorded a modest 6 figure loss as opposed to £6.7m. It was a squirrel and we saw right through it.
Yesterday lit the touchpaper on a two-bob rocket in a milk bottle. Its trajectory is hard to predict but it’s safe to assume that The Old Lady of Edmiston Drive will have singed petticoats and eyebrows.