Ibrox blogger John James has claimed that the Park family is split over their continuing commitment to Sevco.
James provides a daily commentary on matters at Ibrox, plus the SFA and SPFL, and has been on the case with the dispute involving Kenny Miller.
Two and a half years into the Dave King regime there is no sign of the South African based criminal making good on his promises.
There is no Stock Market listing, no share issue, no retail deal and no mainstream banking facility with the shadow of Takeover Panel sanctions threatening to create havoc for the Park’s of Hamilton motor group.
Douglas Park has been supplying the loans to keep the club afloat but with his son Graeme central to the recruitment of Pedro Caixinha the departure of the former Santos Laguna boss is certain to involve further unexpected finance.
According to JJ: “My mole who provided the entire Lite first team five hours prior to the visit of Celtic; and apprised my readers of the schism between Miller and Caixinha prior to the SMSM having a sniff of it, has reverted to me with some disconcerting news.
“Park Senior and Junior are not on speaking terms. The former is spitting blood at the money his son spent on the Mendes second-stringers. Park Senior has decided to let Graeme twist in the wind for being played as a fool by the silver-tongued agent.”
Sevco have still to publish their audited accounts for the year to June 2017, a going concern warning is expected with the soft loans due to be repaid in December 2017 requiring to be re-scheduled.
