Home :: About :: XML/RSS Feed
'
[an error occurred while processing this directive]
'
'
[an error occurred while processing this directive]

Celtic PLC shares are traded on the Alternative Investments Market (AIM). Celtic Quick News cannot be held responsible for any loss due to incorrect information found here.
All information is provided 'as-is', to you use it at your own risk. Always seek professional financial advice before making an investment decision.



Previous Articles


:: Strachan Press conference update – My vision is to... ::
:: Financial realities will push Celtic look to a gen... ::
:: Celtic v Motherwell Live Updates ::
:: Celtic labour against Kilmarnock ::
:: Kilmarnock v Celtic Live Updates ::
:: Press Conference report – Celtic look for their mo... ::
:: Celtic midfield gamble fails against Hearts ::
:: Celtic v Hearts Live updates ::
:: Strachan can point to a remarkable turnaround with... ::
:: Celtic - The Premiership and EU Competition Commis... ::


Celtic Links

Sixtee7 - cool Celtic t-shirts

Dateline: 25 May 1967
Dateline: 23 May 1967
Dateline: 19 October 1957
Jimmy Johnstone
Brian Quinn interview
Martin O'Neill era ends
More thoughts on O'Neill
State of the club report 2007
BBC: Celtic win European Cup
Celtic 2 Inter Milan 1, Guardian
The Copydesk


Common Questions

 >>How to add a comment on Celtic Quick News
 >>Stevie21's Link Creator
 >>Subscribe to Celtic Quick News podcast •






WebCQN


[an error occurred while processing this directive]

Celtic Quick News: quicknews Archives

Recently in quicknews Category

Thursday, May 1, 2008

Paris St Germain banned from next League Cup Paris St Germain have been banned from defending the League Cup next season after some of their fans unfolded an abusive banner during this season's League Cup final, the French League (LFP) said on Wednesday. (Guardian)

| | Comments (0)

McManus targets top team return McManus suffered a calf injury in last week's 3-2 victory over Rangers but is confident he can play in Celtic's final three league games. (BBC)
| | Comments (0)
[an error occurred while processing this directive]

Celtic PLC shares are traded on the Alternative Investments Market (AIM). Celtic Quick News cannot be held responsible for any loss due to incorrect information found here.

All information is provided 'as-is', to you use it at your own risk. Always seek professional financial advice before making an investment decision.

Friday, October 28, 2005
Celtic announce £15 million share issue

Celtic have announced plans to raise £15 million through a share issue with major shareholder Dermot Desmond underwriting £10 million of the issue.

The issue has two objectives; the building of a training facility and youth academy, and to strengthen the balance sheet – both matters which have been discussed extensively here.

To say I am very pleased at this is an understatement.

The training facility has been costed at £7 million, which will leave £8 million for other purposes – though all £15 million will be added to the balance sheet.

I have said here many times that Celtic would only have a share issue if there was a genuine belief that the club would move to another league – we are not a charity after all, and there is no value for shareholders while the club remains in the SPL.

As Celtic Quick News has suggested once or twice before; Celtic are looking towards a generation of Glasgow domination. This news, coming as it does when our city rivals are on their knees, will ram our advantage home.
Posted by Paul67 at 5:39 PM :: 

557 Comments:
  • At 28/10/05 17:46, Blogger scotcelt56 said…

    I'll take up my allowance (first post as well).

     
  • At 28/10/05 17:47, Blogger curly said…

    Paul -

    I am not a financial type. Will non-existing-shareholders like me be allowed to purchase any of these shares?

    Curly

     
  • At 28/10/05 17:48, Blogger curly said…

    This post has been removed by a blog administrator.

     
  • At 28/10/05 17:50, Blogger Rubicon said…

    I'll be keen to see the detail in the offer document. While I genuinely appreciate DD's underwriting support, I will want to see how this may affect his level of control over our club's destiny.

     
  • At 28/10/05 17:53, Blogger southampton celt said…

    Good to know that training fascilaties are to be dragged out of dark ages. But I still do not see the reason why a man with as much money as DD is not providing the funds himself. It would not hurt him and any true celltic fan would do it if they were in his position with his wealth.

     
  • At 28/10/05 17:57, Blogger Green Dog said…

    For anyone interested, all information regarding the Share Isuue can be found on The London Stock Exchange at http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1095401&source=RNS

    Southampton Celt - As a PLC, I believe Celtic cannot accept gifts from a sugar daddy, he is however underwriting the issue to the tune of £10M

     
  • At 28/10/05 17:58, Blogger BhoyLondon said…

    southampton celt

    Rich people get rich for a reason. They are not rich because they hand out 15Million quid and not expect any return.

    I am not denying that DD has an 'emotional attachment' to Celtic - simply implying that he has a more emotional attachment to his money.

    He is a business man before he is a fan. He wants to make money. The fact that he is underwriting this share issue makes me very hopeful that the bigwigs no more than has so far been let on.

    Here's to EPL Domination!!!!!!

     
  • At 28/10/05 18:00, Blogger southampton celt said…

    Green dog
    Thanks for answering my question but i bet there is a way round this if he truly wanted to

     
  • At 28/10/05 18:03, Blogger gerry said…

    well it's come true.............maybe Tosh will get his job back on RC radio......:-)

    I would urge all Celtic fans to take up as much as you can afford on this share issue.

    Paul67...... do you think this 15M is will solve our financial problem we have the now or do we need more money in??

    Lets hope this share issue is OVER subscribed.

    Hail Hail.......roll on Sunday

     
  • At 28/10/05 18:04, Blogger Andy said…

    I see from the announcement in the offcial site that the club is being de-listed from the London Stock Exchange and moving to an AIM listing. Does this mean that DD can purchase more shares without going above the threshold where he has to make an offer to all shareholders?

     
  • At 28/10/05 18:06, Blogger southampton celt said…

    time for a laugh. lets hope there are more than 1 or 2 irrate huns on the radio football shows.
    Better than any top 40 ..music to my ears

     
  • At 28/10/05 18:09, Blogger scotcelt56 said…

    Andy, I don't know about the 30% limit but I do know the costs of maintaining a full listing can be very high and the reporting requirements are more onerous. Celtic, after all, aren't actually that large a company in turnover terms (yet) so I suspect this move is about removing unnecesary costs as much as anything.

    One of the accounting experts can no doubt add to this. I would be interested in a fuller answer myself. Do the new IFRS rules have a part to play?

     
  • At 28/10/05 18:11, Blogger CarfinGerry said…

    Maybe now all the Dermott Desmond knockers will get off his back

     
  • At 28/10/05 18:14, Blogger gerry said…

    scotcelt56.......try this link.....

    http://www.companyannouncements.net/cgi-bin/articles/200510281729003508T.html

     
  • At 28/10/05 18:18, Blogger Green Dog said…

    Andy

    The differances between the Stock Exchange listing and AIM can be viewed at http://www.londonstockexchange.com/en-gb/products/companyservices/ourmarkets/aim/

     
  • At 28/10/05 18:22, Blogger scotcelt56 said…

    Gerry, thanks.

     
  • At 28/10/05 18:25, Blogger malone19 said…

    The fact that the training complex is expected to cost £7 doesn't really guarentee much these days. I wouldn't be suprised if the cost keeps rising and rising.

    How much did Murray Park cost BTW?

     
  • At 28/10/05 18:31, Blogger tinytim said…

    Can anyone answer .
    How does this effect the value of my current shares?

    My brain seems to tell me that they will be worth less?

     
  • At 28/10/05 18:33, Blogger gerry said…

    malone19....
    murray park was 14M......

    when you build something like this you get a fixed price......I can't see any way the price would go up on a constriction like this, it will be straight forward.

    But we must get the plans in fast and getting building fast, if it dragged on for years the price would rise.

     
  • At 28/10/05 18:34, Blogger tinytim said…

    Any fresh money coming into the club should be welcomed.

    I am a fan of DD.
    He deserves a return on his investmentment,and the gamble he is taking in underwriting the share issue.

    Roll on The EPL.

     
  • At 28/10/05 18:38, Blogger Bhoydell said…

    A couple of questions for the accountants amongst us.

    1. Does moving to AIM mean DD doesn't have to make a complete offer for the club?

    2. There seems to be suggestions of 33% and 50% ownership meaning he has to make a bid for all shares, can someone clarify?

    3. If MIH announce £250m debt against a £100m value, surely this means they are insolvent? or is much of the debt in long term loans?

    4. Anyone know how long McLeish's contract has to run (and therefore Rangers exposure if they dump him)?

    5. Finally, there was a suggestion that there would be incentives for current shareholders to invest in the issue, anyone know what they are?

    Ta

     
  • At 28/10/05 18:38, Blogger Kojo said…

    Sir Paul,

    Pinkety Pinkety Thumb to Thumb,
    Wish a Wish And it is Sure to Come!

    You and I, My Friend, have been Vindicated.

    You Have remained QUIETLY Confident... A Trait that I could adopt....But don't worry, guys .....I WON'T!

    The Hirsute One, Has indeed Placed His Money,where his Heart Lies...Notwithstanding, the Poppycock that has been scattered, regarding DEMETRIUS' Allegiance to Croesus.....Not Celtica!

    During my Conference Call with the 4 ANGELS....(See My Previous Submission, made just before this new thread was posted). This very Subject Was discussed at
    Length.....

    As I mentioned last night.......

    "Celtic needs Fresh Streams of Income......"

    Fifteen Mazooolllaaaaaas!

    Loverly, Loverly.........

    Pressure may.....I say MAY..... Be off, regarding the Much Discussed Bouyant Bulgar's Exit!

    But Pierre is adamant ....I say ADAMANT,SIR!.... That there will be no more Deals Made,which will Cripple the NEW CELTIC !

    You can take that to the Bank!

    Now comes the Tough Part.....

    How to Spend the Welcome SPENDOLA!!

    Verrrrrrrry Intereeeeeeeeesssssssting!

    Celtic on the Rise,

    It's Jake in Paradise!


    Kojo.

     
  • At 28/10/05 18:40, Blogger JohnBhoy said…

    If there's some kudos to be had for getting the first post in a thread, what do you get for submitting the last post? Kuros? (Down, Mrs Peschisolido. Unhand me!)

    For all those who feel free to cast jibes at DD (and, as he said, it is a free country), I would only ask this question:
    Where would Celtic be without him?
    Sure, he has a bob or two, and could probably drop me a big fat cheque in the post and not notice the difference ("pretty please!"), but the simple fact is that the share issues he has underwritten in the past and is now set to underwrite again have saved this club from bankruptcy.
    He has not been knocked down in the rush by other Celtic-minded millionaires clamouring to take those shares off his hands.
    If Martin O'Neill says that every Celtic fan should be grateful for the support Dermot Desmond has given this club, then that's good enough for me. Thanks, Mr D.
    (Anyone else go to Mr D's in Shawlands? Ah, happy nights!)

    Kojo, Thanks for the mention, pal. I'll try to keep your conference-call colleagues up to date. ;-)

     
  • At 28/10/05 18:42, Blogger tinytim said…

    Kojo

    As always you have been proven to be in the know.

    Does this meanthat you think Stan will stay?

    Or do you still think that he will be oferred terms that are less than he is on?

     
  • At 28/10/05 18:46, Blogger tinytim said…

    It seems that as part of the conditions of the share issue DD has asked that the 30%+ takeover rule be waivered in this instance.

    Therefore if the share issue is approved then he will not have to make a bid to take over.

     
  • At 28/10/05 18:50, Blogger Polmikcfc said…

    Paul 67 - Help me on this one, DD stating quite clearly that he does NOT want to take over, BUT according to Rule 9 of the Takeover Code he has to ...Can the Stock Exchange put the KIBOSH on this deal if they don't agree to this ???

    "Mr Dermot Desmond has agreed to underwrite up to £10 million of the Share Offers. Mr Desmond has indicated that he does not wish to obtain control of Celtic by reason of his underwriting of the Open Offer. Accordingly, irrespective of the take up under the Share Offers, Mr Desmond will not hold
    more than 49.9 per cent of the voting rights of the Company following completion of the Share Offers.

    If Mr Desmond is required to subscribe for New Ordinary Shares in the Share Offers in excess of his pro rata entitlements, it is possible that Mr Desmond will increase the proportion of his shareholding with voting rights to more than 30 per cent of the voting share capital. This would mean that, unless further action is taken, Mr Desmond will, in accordance with Rule 9 of the Takeover Code, be required to make an offer for the entire issued share capital of the Company not then held by him.

    The Independent Directors of the Company are therefore seeking approval from the Independent Shareholders for a waiver granted by the Panel from the obligations
    that would otherwise apply to Mr Desmond under Rule 9 of the Takeover Code on his subscription for New Ordinary Shares under the Share Offers."

     
  • At 28/10/05 19:14, Blogger Phil01 said…

    Polmikcfc,

    Part of the resolutio that needs to be approved by share holders begore the share issue can go ahead is to allow DD to own up to 49.9 % of the shares without the need to offer to buy the rest of the Celtic shares.
    If the shares are not fully subscribed and DD has to take up the £10 Million worth that he subscribed then this will take his holding to beyond 49.9%. By Stock exchange rules he would then have to offer to buy all the remaining Celtic shares. As DD do not want control of Celtic he is wanting the share holders to approve that if in the event that he has to take up the £10 million worth, that he would not have to buy out the rest of the Celtic shares.

    The £10 Million underwriting that DD gave is only to take up any slack from the share issue up to £10 million shares worth. If all the shareholdes take up their entitlement then there will be no slack left so DD will only have to take up his own entitlement. In this instance the % of share ownership will not change from what it is today.

    For those that don't trust DD, they better take up all their share entitlement. As this issue is open to new share holders also , this may well mean that if they all take up full entitlement and apply for new shares DD may not even get any. DD share holding will actually decrease instead of increase.
    The bottom line is that we are trying to raise £15 million and DD is saying that to ensure that we raise some money he is prepared to take up to £10 million worth of shares IF NO ONE ELSE WANTS IT. If we want it and take up our entitlement then he doesn't get the shares.
    Doen't sound to me as if he is twisting our arms as some people will have us believe.

     
  • At 28/10/05 19:20, Blogger gerry said…

    The thing I find exciting about this, is it is an Open issue......
    I wonder if DD horse racing mates will take up some shares? if they put in 1M+ each then for me we are for the off to a new league some time soon

     
  • At 28/10/05 19:20, Blogger Big Joe said…

    I have a couple of questions…………………………..

    I ament as bright as all you office Bhoys……………..
    And ghirls……………………………….........

    So bear with me………………please………

    1... Is their different types of shares………………………
    If so what ones should I buy………………………

    2... Where do I purchase them………………………….

    3... If I hang on to them for ………….say 5 years…………..
    Would they be worth more or less……………

    Bigjoewhowants2
    invest few
    urointhehoops

     
  • At 28/10/05 19:31, Blogger Kojo said…

    My dear friend, Johnny,

    It was Just Justice, that your name was bandied.

    You deserve it, mi amigo!

    My dear friend, Tinytim,

    As I have remarked before........

    Regarding the Ultimate Outcome of the Pending Petrov Contract talks......

    I have absolutely no INSIDE INFO!

    What I Expounded on, was my own-- and mine alone........ Prognostication, of the a PROBABLE DENOUEMENT!

    But I can Add, without fear of contradiction...... Monsieur Pierre, is a Very Very CANNY NEGO!

    Now you no how THAT goes...


    "I CANNY gie ye This and I CANNY allow that and I CANNY......."

    Mr. Petrov's Advocate is entitled to ASK!

    It is Another matter entirely, of what He will GET!

    No question.....Mr.Petrov's Star Is PULSATING MIGHTILY.....at the Momento.....Let's hope it does not turn into a SPUTTERING and SPENT SHOOTING STAR, after all!

    I will reiterate...... Monsieur Lavalle........ He is a Hard-Nosed Son of a Gun!

    Just ask his Barber!

    Hail! Hail!

    Kojo.

     
  • At 28/10/05 19:33, Blogger Big Joe said…

    Oh and one more thing………………..

    All you bright sparks……………….

    If the shares are 30 pence each……

    How come the stock…………………
    market as them at £ 43.00.…..

    Sorry..............
    Should have stuck in at school….

    Any 1 please………………….

    Bigjoewhowants2
    investfew
    Eurointhehoops.

     
  • At 28/10/05 19:37, Blogger whitedoghunch said…

    does Desmonds clause asking the shareholder to waiver Rule 9 lead me to rightly think that he doesn't have any friends in the wings waiting to buy up sizeable chunks?
    Surely if he knew we were heading south this information would be passed on to his colleagues and they would be biting our hands off for a bit of the business and there would be no need for the clause?
    Maybe his usual contacts are geniunely out of the football game but there would surely be other investors around if the going south optionn is really on the cards?
    Any thoughts ?

     
  • At 28/10/05 19:46, Blogger Historyreader said…

    Celtic Trust fails to quickly respond to new shares issue

    I was looking to see if there was a response form the Celtic Trust to the news of the share issue.

    Nothing at present on their website which is being revamped. However there is an article responding to criticism from something or someone called e-tims that will give a good introduciton to an overview of The Celtic Trust

    I'd assume they would support this share issue and urge everyone to take up the share offer.

     
  • At 28/10/05 19:51, Blogger st.anthony said…

    So the much maligned Mr Desmond opens his wallet again...........

    Paul - can you state his total investment in Celts since '95 ? Would make interesting reading. One wonders where we would be without him. Busy little day for you, eh Paul ?, but go easy on this 'dominance' theme. There's very little between both in terms of finance and also teamwise.

    And to the quiz. Tonight's little teaser is straight forward.

    Name 3 Celts to have been sent off twice in OF games ?

    Shouldn't be too taxing tonight then.

    Answers around 10-ish.

     
  • At 28/10/05 19:51, Blogger Historyreader said…

    Two blogs in the one day at CQN.

    What's that all about?

    Call me suspicious but is Paul 67 open to accepting bribes and other inducements to allow the favoured few to be the first poster, the very first poster on a new blog.

    Like TheMadMurph ...

    I'm not bitter.


    No really I've got over it.

     
  • At 28/10/05 19:56, Blogger Martybhoy said…

    Big Joe

    just cracked open a bottle of faustion....now its gone.

    we might move on to marques de caceres....with our steak

    A generation of domination....I like that ring.......

     
  • At 28/10/05 19:59, Blogger Historyreader said…

    Sorry I forgot to pass on some breaking news.


    It's actually a bit serious regarding a public helath issue to do with the avian flu and a possible epidemic in the west of Scotland.



    The news concerns significant levels of a new strain of avian flu.


    It's clear that this form of avian flu has been spread among large numbers of the population going by the display of symptoms being shown ... signs are a blue nose and feeling as sick as a parrot.

    My coat is that black one there, Karren!

     
  • At 28/10/05 20:07, Blogger JonG said…

    A few questions:

    Kojo:

    Are the movers and shakers aware through their viewing of this site,how much the fans {yes,you included}wish to keep Stan.,and build the new side around him as club captain.

    DD

    Timing:

    Why could this share issue not have been brought forward,and in doing so saved Tosh Mckinlay from resigning his radio slot.

    Seriously,any influx of new monies must be welcomed by all parties.Aye, me as well!

    It is obvious that the board did not instigate this idea,and that it is being driven by DD.He either has an alterior motive,or as has been suggested by other contributers on here,is a dyed in the wool fan.

    As he has stated his intention not to go for a full takeover,it can only be seen as a shrewd move,one which at this current moment can only add to the "feel good" factor currently sweeping the terraces of Paradise.

    I have no doubt the figures are being crunched by our resident financial experts on here,and i look forward to some real hard nosed efforts on them in the coming week.

    Johnbhoy:

    I read your blog regularly,and the insight to what is happening on the youth front is a smashing read.
    Could you give us some more info on young TEDDY BJARNASON,as i get the impression we may have a real class act here.

    JonG

     
  • At 28/10/05 20:08, Blogger noel90 said…

    Historyreader-

    Two blogs in one day.....

    I think Paul is and has to be seen to be "whiter than white".

    By my reckoning a new "live updates here " will be posted Sunday between 11am and 1.30pm.

    I,m into that...

    See what you have started...

    Well done Scotcelt-youdahmaaaan.

    Big Joe-

    how are you ?

    Did you manage to get that big pointy pillowcase off your head ?:p

    The share price you are talking about is 43 pence -

    If it was £43 there would be a few CQN people posting from Bermuda.

    I think the timing of this share issue is excellent ,giving the woes that are afflicting the blue third of the city at the moment-
    "If they spend a fiver..."-

    Chickens come home to roost ?

    :)

    noel.

     
  • At 28/10/05 20:12, Blogger Historyreader said…

    st anthony

    One question and one question only


    My answer is actually four players a couple of which are guesses though two I'm sure about

    Guesses
    Johnston
    McAvennie

    Sure things
    Thompson
    Lennon in one of or next two things for being ginger

     
  • At 28/10/05 20:12, Blogger Paul67 said…

    Curly, yes, new subscribers will be able to buy shares.

    Rubicon, if the small shareholders buy their allotment this will dilute DD’s control. He has only underwritten the issue.

    Southampton celt, green day, forget about a rich man donating money to Celtic. We are not a charity, it he has money to give away there are more worthy causes.

    Gerry, this is more than enough money to see us over – and you can take that to the bank.

    Carfin Gerry, today’s news is nothing that new. The “Dermot Desmond knockers” will simply have to become more creative in future.

    TT, your shares are not worth less.

    Kojo, we sure are vindicated – and not for the first time in recent months.

    Is sure is fun spending Christmas money.

    JohnBhoy, well said. Celtic baiting is a popular sport as DD has learned to his cost.

    Polmikcfc, I have not read the detail of the offer, however, the final decision on any takeover rests with the shareholders.

    If DD has asked that his opportunity to mount a takeover is waived is would indeed thoroughly vindicate my faith in him.

    This is time time.

    This is the opportunity for DD to make his move to takeover our club. With the share price so low and the club so in need there will never be a better time. If he has waived his rights, we all owe him thanks, and some owe him an apology.

    What happens next is largely up to the small shareholders. I have my strong views on this, but I’ll write them up after some consideration.


    Big Joe

    You ask an important question.

    Buy ordinary shares. They are the ones with votes – though they have not had a dividend in over a decade.

    These are the most important shares to hold.

    St Anthony, DD’s investment in Celtic until today has been £4m in 1994 and I believe £11m in 2001. He also paid Fergus for most of his shares.

    As far as Glasgow domination goes; there is a quantum difference in the perspectives of finances of the two teams.

    Celtic are looking towards a generation of Glasgow dominance, mark my words.

    Historyreader, I certainly am up for inducements on being the first poster.

    I also broke this story at 5:39 this evening, and was still hearing broadcasters claim an “exclusive story” at 6:05.

    I wonder if we will get our DD interview now?

    I also wonder how Mr Bombastic is feeling tonight Noel.

     
  • At 28/10/05 20:28, Blogger GM said…

    Big Joe, they were 43p at the close of business. I think (don't know for certain) the market was closed when the Club made this announcement.

    Tinytim, I'll give a basic example on how the value of your existing holding is affected. I've no idea of your financial acumen, so forgive me in advance if I simplify things too much.

    Say you own 10 shares of Celtic plc out of an entire share count of 20 i.e. you own half the club!!

    Now assume the shares trade at £15 each. The value of your holding is therefore £150. This compares with the entire value of the club (the market capitalisation) of £300 (a total of 20 shares times £15).

    Now assume the club announce a two for one share issue i.e. you are entiltled to buy 2 new shares for every one share you already own.

    Since you own 10 shares, you are entitled to buy a further 20, which means you now have a total of 30 shares.

    This also means that the TOTAL number of shares in issue goes up from 20 to 60 (40 new shares plus 20 original shares equals 60).

    IN THEORY, the share price will fall to £5. In finance there is no such thing as a free lunch. The club was worth £300 to begin with (20 original shares at £15), so why should it be worth any more than this after the share issue? The share price will therefore adjust to reflect the new, higher amount of shares in issue i.e. there is now 60 new shares in issue, which trade at £5, which means the total value of the club is still £300 (60 times £5).

    Also note that you still own half the club: you have 30 shares out of 60 and the value of your holding is still the same i.e. £150 (even though the share price has fallen to £5, you now have 30 shares).

    Hopefully you can see that the value of you shareholding only remains constant if you take up your new shares. If you don't i.e. stick with your original 10 shares, when the share price adjusts to £5, your holding is only worth £50. A new share issue will "DILUTE" existing shareholders unless they take up their new shares.

    Hope this helps.

    p.s. to all. please note I used the words "IN THEORY" to predict how the share price will react. In reality, thE share issue may be taken really well i.e. proof that our directors beleieve a move to the EPL is in the offing, for example, or it could be taken badly i.e. we are crippled by debt. I honestly have no insight in to what will happen to the share price. Tune in on Monday morning!

    Finance types, don't you just love 'em:-)

     
  • At 28/10/05 20:33, Blogger Historyreader said…

    Paul 67

    Good news about the first poster position. As you know I've just missed out on this on a couple of occasions and I don't even feature iin the league table of first posters. Could someone let me us how it feels to be the first poster.


    Anyway but hey just great to hear that you can be bought.

    Please can you contact me at financialinducements@hotmail.com

    Just let me know a few minutes before you're going to post. I suppose you want to be well looked after. I have some lovely shiny lamps and and I know someone who knows Karen Brady. Just you say the word.

     
  • At 28/10/05 20:38, Blogger JonG said…

    History Reader:

    Is it Karen Brady from Braehead by Forth you talking off or,the ugly one.

     
  • At 28/10/05 20:38, Blogger Shammy said…

    GM, at last, a clear and simple explanation, the penny has finally dropped!!

     
  • At 28/10/05 20:40, Blogger JonG said…

    Sorry :

    Remembering the other night on here it should have read"the not too glamorous one"!

     
  • At 28/10/05 20:41, Blogger GingerAvenger said…

    GM,

    That's how share issues were taught in 1st year at Uni (memories)- a great piece that surely everyone will understand.

    GingerAvenger (in NYC)

     
  • At 28/10/05 20:42, Blogger Parkheadcumsalford said…

    Paul,

    Since Wednesday night, life just seems to get better and better for us. Here's hoping we don't allow the media to cause any rift between ourselves and the board and that those of us who can afford it take up the option of buying the shares.

    All my wildest dreams would be fulfilled if we soon got entrance into the EPL and the other lot sank into a financial quagmire (of their own making)never to emerge.

    Can things only get better? It's looking like it. The future's bright; it's green and white.

     
  • At 28/10/05 20:44, Blogger JohnBhoy said…

    I'm glancing in at this financial talk as if I know what I'm reading. Ach well, at least I'm showing interest.
    (Coat-to-goCSC)
    But Hail Hail to wee Gordon for brightening up my day with his quote when some reporter asked him today:
    "How far away is Du Wei from a first team place?"
    Li'l Admiral: "About 5,000 miles. He's over in China preparing for an international match!"

    JohnG: Teddy Bjarnason scored for a ridiculously young Reserves team on Tuesday. As I said on my last match report, Bjarnason, Charlie Grant and Ryan Conroy will be stepping up to the Reserves pretty soon. The Icelandic lad has that same effortless control that big Morten Wieghorst had. A joy to watch, as are most of our youth players.
    And they're all playing to the same formation as the first team, with the same emphasis on slick passing, possession play, fitness and discipline. Happy days are here to stay!
    (http://celticfcblog.blogspot.com)

     
  • At 28/10/05 20:47, Blogger Shammy said…

    Paul, your making me nervous with all the domination talk. It reminds me so much of the Murray interview just before MON arrived, about how they were moving to the next level and leaving the rest behind.

    If someone has the link please post ( I think it was an interview with broadfoot in the Herald).

    I don't feel comfortable with these claims, especially when we're only second in the league and have a double header with the huns that could realistically put the brakes on our feel-good factor.

    Don't count the chickens yet !!

     
  • At 28/10/05 20:47, Blogger Paul67 said…

    Kojo, just read your wee ditty on the previous article, thanks for your encouraging support.

    As a slightly less well known JFK once said, “Ask not what your club can do for you….”

    Your conference call happened at an interesting moment, which was not coincidental I am sure.

    Parkheadcomesalford, you have caught the mood exactly. In case I did not mention earlier:

    Celtic are looking forward to a generation of Glasgow domination – and you can take that to the bank!

     
  • At 28/10/05 20:50, Blogger Kojo said…

    My dear friend, JohnG,

    It would rather strain the Bonds of Trust, that the Boss has Forged with his Contacts,should I divulge all or any of the discussion in question.

    Therefore I am restricted to disclosing mostly Innocuous Tidbits.

    Suffice to say......... CQN is a Veritable CrackerJack Box of CURRENT FAN SENTIMENT!

    Many a Gem, for Future Board Discussion, has been pulled from the Goodies therein!

    After all....... what do you think all those Board Meetings are all about??

    The Celtic Fans ARE Celtic....

    There is no Internecine War taking Place.....

    It Vexes many People, when Press Corps Nonsense, is Promulgated by some of the Fans.........

    I know that the members who are doing so.....are doing so ..... ABSOLUTELY UNINTENTIONALLY.......!

    Press Propaganda is an Insidious Thing!!

    Every piece of public information emanating From the Rancid Rory... that concerns Celtic.. should should be discounted out of hand!

    Look back..........

    Jackie Mac......... ALL NONSENSE...And you can take that to the Bank!(My The Bank is Busy Today,Mabel)

    Pan Boruc........All TWADDLE...Way Above and Beyond Nonsense!

    Now the Shares Issue.........BULLPUCKY( Like that?....Not mine..... Thanks to a colleague)

    Even some of our Brother Forums believed the Yellow Press on this one!

    Where was I?...Oh! Yes!

    Bottom line......... The Board does have its Collective Ear to the Terra Firma..... You the Fans are Being NOTICED.......

    "In the land of Celtica there dwells a Bunch,

    Of Hard Headed men,

    Who work for Lunch,

    When they can earn,

    A Whole LOTTA More,

    By simply Walking out the DOOR!

    Hail! Hail!

    Kojo.

     
  • At 28/10/05 20:54, Blogger JonG said…

    Thanks for that Johnbhoy:

    Sunday.Any one want to change the team?

     
  • At 28/10/05 20:55, Blogger noel90 said…

    Paul-

    The only thing that worries me about this share issue are the words my grandad uttered with his last...gasping...breath.

    noel.

     
  • At 28/10/05 20:57, Blogger Stephenwithaph said…

    Fantastic news and so good to see so many positive comments.

    Well done CFC and DD !!!!

    I would love to see Stan take over as captain next season signed up on a new deal HOWEVER he has to continue with the kind of performance we saw on Wednesday night at CP.

    Well done Celtic

    Hail Hail
    Stephen with a "ph"

     
  • At 28/10/05 20:58, Blogger TicTacJoe said…

    Paul67

    On the face of it great news. Can you explain in layman terms why the share price has gone south in past week?

     
  • At 28/10/05 20:58, Blogger Shammy said…

    Paul, or anyone in the know. Simple question:- If I have £1,000.
    1. Which shares should I buy ?

    2. How do I buy them ?

    3. Will I ever get my money back, with profit ?

     
  • At 28/10/05 21:04, Blogger JonG said…

    Right then NOEL:

    I've emailed your photos to KB who will be in later.

    Anyone attending the Brother Walfrid unveiling?

     
  • At 28/10/05 21:12, Blogger Kojo said…

    My dear friend Shammy,


    If you have indeed $2,700(?) to invest,consider this piece of advice...

    Think very carefully........

    Money is an important every day Commodity........

    Can You afford to tie up, such an amount?

    Would it change your life-style radically, if you should not obtain the Brass Ring after all?

    Would your nearest and dearest APPROVE of your investment?( A very very very very important factor!!!)

    if after suitable cogitation.......

    You still insist on investing in Celtic..........

    I would suggest Convertible Preference Shares.......

    And If YOU DO NOT KNOW WHAT THEY REPRESENT.........

    Then Investing is NOT FOR YOU!


    Claro?

    Kojo.

     
  • At 28/10/05 21:16, Blogger chennaiseabird said…

    Good stuff. Now that we can put our fingers into the spear wound, we are believers.

    The domination, as Paul points out, started five years ago. As I've said before, we didn't make enough of our opportunities in that time. And I don't just mean 2 championships. The green and whitewash wasn't long enough and didn't have enough goals in it.

    So what?

    We may not be talking 20 year cycle here, it may be something bigger. I have never known a time when the gap was as wide, and it's only just begun.

    But there are two tests. November, and Hearts. Then we'll know if what we've got is up to the Vision. I haven't doubted until now. Now that we have so many believers, I have the doubt. Not in the Vision. The test for Strachan (who has failed his first three major tests so far, apparently) is in the delivery.

    30 November. No more than 3 points off the top, with a better goal difference. And still in the league cup or whatever it's called now. That'll do until the next Hearts game. Then a WIN at Tynecastle.

    Back on topic, kind of. Why do we need a youth academy anyway? We've got a conveyer belt of talent that will keep us supplied with "give the bhoys a chance" for years to come. Evidence? Spear wound? Seen the under 19's recently? Look at the junior league tables for the last three years, read the youth development section in the programme? Maloney, Wallace McManus, Beattie, Kennedy? I'd stick with Barrowfield myself. Builds character. All Jimmy Johnstone needed was a school playground wall.

    And while I'm on the high horse, what's all that stuff about let Stan go?

    Believe. You are about to inherit the Scottish earth. (Glasgow domination means nothing, Paul.) And maybe something much more.

    Ommmmm.

    Hugh back in Madras.

     
  • At 28/10/05 21:16, Blogger st.anthony said…

    History reader - Thompson is correct and I have not included Lenny as one sending off was after 90 mins.

    McAvennie and Johnston are incorrect.

    2 to go. Clue :

    One from 80's/90's, other from 60's/70's.

     
  • At 28/10/05 21:21, Blogger JonG said…

    St. Anthony:

    Alan Stubbs and Anton Rogan.

    Could be wrong again though!

     
  • At 28/10/05 21:22, Blogger Kojo said…

    My dear friend, Shammy,


    Check that Dollar Amount.....

    Should Be .....$1783.........

    Mabel just corrected my error!


    Sorry about that, C.B.!!


    Hail! Hail!
    Kojo.

     
  • At 28/10/05 21:23, Blogger st.anthony said…

    Paul - You're the expert re finances so I take your word that ours are better than 'theirs'. However, I still have severe doubts that we can beat 'them' in November. No muscle in the middle of the park, no width in the side, and weak in both full back positions.

    I hate to be a pessimist and sincerely hope I'm wrong but I'm worried everyone is getting a bit carried away.

     
  • At 28/10/05 21:23, Blogger Big Joe said…

    I apologise to every 1 on CQN

    I HAVE NOT BEEN MY SELF……………….

    I have had my mum staying for a..

    WEEK ……………………………….......

    But I am now freeeeeeeeeeeeeeeeeeeee..

    So business as usual………………………


    Martybhoy………………………………....

    You have chosen a fine wine………….

    Carques De Caceres is…. like………….

    THE …………………………

    NEW CELTIC

    Quality to behold…………………………


    Noel………………………………....

    I have banished the KKK to my past……………

    I am all better now……………………………….

    Paul…………………………….

    Buy ordinary shares. They are the ones with votes

    Ok m8 got that 1 ……………………

    Sorry 2 sound dum………………….

    But what’s the difference………………….

    Any 1 please……………………………….................

    Bigjoewhoishomeforamonth
    Hassenthismumbackhome
    andisback2mormal?

     
  • At 28/10/05 21:23, Blogger tinytim said…

    GM 8.28

    A very good explanation i am indebted to you.

    Just to make sure that i have understood it correctly. If i do not buy more shares then my original investment is diminishing?

     
  • At 28/10/05 21:24, Blogger Conamara Bhoy said…

    St Anthony.
    Seem to remember in the late sixties / early seventies, the "greatest Celt of all", James Connolly Johnstone, being sent off twice against rangers.

     
  • At 28/10/05 21:25, Blogger st.anthony said…

    Jon G - wrong twice - look at the clues given, both had 'fiery' natures.

     
  • At 28/10/05 21:25, Blogger 2gi said…

    test

     
  • At 28/10/05 21:26, Blogger st.anthony said…

    conamara bhoy - spot on with Jinky. Sent off on 1 Jan 1965 and 25 August 1973. Celts lost both games.

    Still one left............

     
  • At 28/10/05 21:27, Blogger JonG said…

    Kojo:

    The week has been successful.

    The result in midweek was sweet revenge.

    Today's announcement had TIMING written all over it.

    This is one happy Celtica household,this evening as i'm sure are others likeminded!

    Hail Hail

    JonG

     
  • At 28/10/05 21:28, Blogger Conamara Bhoy said…

    St. Anyhony
    Tommy Burns?
    Once at Hampden LC Semi
    The Other?????

     
  • At 28/10/05 21:29, Blogger Conamara Bhoy said…

    NOT Anyhony
    ANTHONY
    Tá Brón orm !!

     
  • At 28/10/05 21:32, Blogger JonG said…

    St Anthony:

    Our estaeemed Tommy Burns I gather and......... ....... ......
    still thinking.

     
  • At 28/10/05 21:33, Blogger st.anthony said…

    conamara bhoy - not TB either.

    Anyhony has a nice ring to it.

    Bet you've been with a few hony's yourself.............

     
  • At 28/10/05 21:33, Blogger EKBHOY68 said…

    Peter "pointer" Grant
    just a guess

     
  • At 28/10/05 21:34, Blogger Conamara Bhoy said…

    ANYHONY
    How did you know?

     
  • At 28/10/05 21:34, Blogger twm said…

    St Anthony

    Stephane Mahe????

     
  • At 28/10/05 21:34, Blogger Martybhoy said…

    Big Joe

    Imeanttosaythefirstbottle
    wasfaustinioviiaverygoodrioja
    tooandamnowabitpissedandreadytosingatkaraoke

    gladyouarebacktonormal

     
  • At 28/10/05 21:38, Blogger Shammy said…

    Kojo, thanks for the reply. I appreciate your advise on being cautious before committing to any investment.

    However, I think there are a few readers on here who will be keen to invest in the Celtica, but don't really understand how to go about it.

    I think a simple explanation on how the ordinary fan can take up the offer would be beneficial.

    GM, an idiots guide ?

     
  • At 28/10/05 21:40, Blogger dontbrattbackinanger said…

    this is an emotional,rather than a financial investment for the vast majority of celtic fans-the chances of getting you're money back are slim,as are the chances of having any real say in the way the club is run

    tommy burns as the fourth double sending off?

    the polish tribute band lynzyrd skynzyrd is playing at the 'berserkers arms tonight,and to great applause they sang
    i hear ally mccoist wrote about us
    i hear wee ally put us down
    but ally mccoist should remember
    a celtic man don't need him around
    sweet jackie dziekanowski
    with his eyes so cute and blue
    sweet jackie dziekanowski
    you love your woman and he does too

    rain later
    good becoming variable

     
  • At 28/10/05 21:48, Blogger Paul67 said…

    Noel, aye, but a beard is just a sign of a long weekend, much better than a moustache.

    TicTacJoe, I had not been watching the share price this last week, as it had been so solid in recent times. I really have no idea why the price has gone south.

    It means that the new investors will have an advantage over most of us existing ones.

    Shammy, as Kojo has suggested, be prepared to lose any investment you make.

    When it comes to buying, I only buy ordinary shares. The convertible preference shares are only useful because the eventually become ordinary shares but in the mean time pay a dividend.

    Kojo, I have £1,000 here, can you change it please?

    Chennaiseabird, I like the analogy for the Thomas’s out there.

    Sure Scottish domination is fine, but deep, deep down, I know how to ‘stoke the fire’ of Celtica imagination. ‘Glasgow domination’ speaks to more than just you and me, it speaks to the other side of the city as well.

    As David Murray knows well, at the first sign of vulnerability, ram your advantage home. Stir up some malcontention.

    Remember the strokes he tried to pull in the summer with that Fan-Fan nonsense. I would love to tell you the real story, it makes quite a read.

    Forgive me Edward, strategising in a predatory manner I am afraid.

    St Anthony, I agree. Plenty to do on the park this season. The big picture remains clear, though.

    Welcome 2gi. Very profound.

     
  • At 28/10/05 21:52, Blogger noel90 said…

    JonG-

    9.28pm-

    Did you not mean t i m i n g ? :P

    Hugh-back in Chennaise -

    I have watched some rangers games recently (know the opposition) and IMHO they have regressed dramatically in the last few months.

    They have two players-Prso and Ricksen-who are carrying the rest of the team.

    Barry Ferguson looks a shadow of the player he was before he went to Blackburn

    Even mediocre teams can rise above themselves to compete in a match against their main rivals.

    I cannot see rangers living with us at Celtic Park.

    (Right-green-tinted goggles off again.)

    :)

    noel.