Review of the business and results for the year

‘In November 2009 the Society ran a very successful celebration evening to commemorate Morton attaining top spot in the Premier League. The evening was enjoyed by all who attended but,regrettably, after the evening it became apparent that the Society would not enjoy the expected financial benefit as a result of what appeared to be financial irregularities. The board at the time conducted its own investigations and made a complaint to the police but this was not pursued due to the lack of an adequate paper trail.

Your board then decided to explore the possibility of a civil action against the individual they believed responsible for the shortfall. In May 2010 eight new board members were appointed and these included a chartered accountant with wide experience of investigation work and a lawyer. It was decided that these two would form a sub committee to independently review the “Stars of 79”celebration with input from one of the main organisers of the evening. That work is ongoing and it is hoped that a settlement can be reached in order to allow the Society to fully move on. Apart from the gentlemen mentioned above the new board has acquired significant expertise in areas such as website development and event management and I am confident that future events will be run in a much more professional and controlled manner.

For the purposes of these accounts we have not anticipate any recovery of losses from the evening but we remain hopeful that monies can be recovered’.



….but officers have now completed their investigation – and say no one will be prosecuted.

Detective Inspector John Dearie, of Greenock CID, said: “We interviewed the individual at the centre of it and the end result is there will be no charges.

“There is no criminality we can see at this stage to prove any charges. There has to be a proper paper trail and accounts and in this case that was missing. It is a civil matter between the organisation and individual.”

DI Dearie also confirmed his team had established a small shortfall in funds from the event, which was held in November to honour the famous Ton team from 30 years ago.

He said: “There is a shortfall of a small amount of cash but this is probably due to the haphazard way it was organised.

“The shortfall is not a significant sum and nowhere near the sums talked about initially – it could be accounted for by bad business practice.”

The complaint was FULLY investigated!!!!

Mortonjag is of the opinion that certain Trust Committee members are pathological LIARS.