boabie 230 Posted December 16, 2017 Share Posted December 16, 2017 " Date: 11 December Form: PSC01 Description: Notification of Alastair Johnson as a person with significant control on November 15. " I saw this elsewhere and it appears to have sent the mank rumour mill into overdrive once more. King selling up and David Murray taking control again is the line with that mob. Imo due to the shares offer business King is merely dodging another bullet and allowing Rangers business to continue. Any thoughts guys ? 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,424 Posted December 16, 2017 Share Posted December 16, 2017 Have you got a link to CH? 0 Quote Link to post Share on other sites More sharing options...
boabie 230 Posted December 16, 2017 Author Share Posted December 16, 2017 (edited) Have you got a link to CH? No mate. But I've found the blank form referred to. https://www.gov.uk/government/publications/give-notice-of-individual-person-with-significant-control-psc01 EDIT. Sorry. It's this one. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/649307/PSC01_V3.0.pdf Edited December 16, 2017 by boabie 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,408 Posted December 16, 2017 Share Posted December 16, 2017 It doesn't mean anything in this case. Rangers have all the directors as Persons of Significant Control (PSC). Barry Scott was also added as a PSC. The concept of a company declaring a PSC is a new one, being introduced last year. In many cases it would be the majority shareholder but as Rangers don't have that, it seems that they have decided to use the directors. 0 Quote Link to post Share on other sites More sharing options...
boabie 230 Posted December 16, 2017 Author Share Posted December 16, 2017 It doesn't mean anything in this case. Rangers have all the directors as Persons of Significant Control (PSC). Barry Scott was also added as a PSC. The concept of a company declaring a PSC is a new one, being introduced last year. In many cases it would be the majority shareholder but as Rangers don't have that, it seems that they have decided to use the directors. Thanks BD. I'm ignorant when it comes to these things. But it has certainly got the unwashed all excited. 0 Quote Link to post Share on other sites More sharing options...
Gonzo79 14,143 Posted December 16, 2017 Share Posted December 16, 2017 But it has certainly got the unwashed all excited. That doesn't take much, to be fair. They wake up thinking about Rangers. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,408 Posted December 16, 2017 Share Posted December 16, 2017 (edited) Thanks BD. I'm ignorant when it comes to these things.But it has certainly got the unwashed all excited. It would be interesting if AJ was the only one, and it sparked my interest briefly but a a quick check showed the real position. . Edited December 16, 2017 by Bluedell 0 Quote Link to post Share on other sites More sharing options...
boabie 230 Posted December 16, 2017 Author Share Posted December 16, 2017 The Sun seem to be running with it as important. --- " Former Rangers chairman Alastair Johnston is now an ‘individual person with significant control’ at Ibrox, according to new documentation filed with Companies House. US-based Johnston was appointed chairman of the Light Blues in August 2009, replacing David Murray, before being ousted from the post two years later by new owner Craig Whyte. The 69-year-old made a spectacular return to the club’s board in June 2017, and it has now been revealed by The Scottish Sun that he has been designated as having ‘significant control’ at the club as he increases his powerbase. Recently announced director Barry Scott, a Hong Kong-based businessman, has also been afforded the same title in the club’s ‘People with Significant Control’ register with Companies House. In the document, it is stated that “The person has the right to exercise, or actually exercises, significant influence or control over the company.” It is written on the department for business, innovation and skills website that: “A person of significant control is someone that holds more than 25 per cent of shares or voting rights in a company, has the right to appoint or remove the majority of the board of directors or otherwise exercises significant influence or control.” Companies House’s ‘People with Significant Control’ register went live last June. OPINION After being ousted from his position as Ibrox chairman in 2011, this would seem to mark a big return to the club for Johnston. The lifelong Rangers fan completed two years as chairman before losing his job under Craig Whyte, and he will be delighted with this turn of events. In reality, the US-based businessman will probably have very little say in the day-to-day running of the club, but it is an interesting development nonetheless. " 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 17, 2017 Share Posted December 17, 2017 Much ado about nothing 0 Quote Link to post Share on other sites More sharing options...
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