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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)

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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)
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Last Trade:

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Last change/update: Mar 17 at 01:21

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.

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

    You are correct Tinytim.

    After the share issue, you will still be a part owner of the club, but because 50 million more shares are going to be issued, your original stake has been diluted.

    Going back to my example, where you had 10 shares and owned 50% of the club; if you did not take up your rights to buy new shares, your stake in the club would fall to 16.66% i.e. your original 10 shares divided by 60, which is the new, higher amount of shares in circulation following the share issue.

    Glad to be of assistance.

     
  • At 28/10/05 21:56, Blogger JonG said…

    Hello Dontbrattbackinanger:

    I think i have heard the tribute band you speak off.

    Is the singer still a member of the European parliament or am i getting mixed up with The House of Lords?

    Had a lovely Puffin Tikka Massala a few months back.Thoughroughly recommend it.

    Glad to see your weather is picking up!

     
  • At 28/10/05 22:02, Blogger JonG said…

    Thoroughly is not an easy word to say at this time off night.

    Try it!

     
  • At 28/10/05 22:03, Blogger scotcelt56 said…

    8:10 GM. Surely your example doesn't tell the whole story in that the value of the "club" following the shareholding will actually have changed (hopefully upwards) due to the influx of cash - otherwie there was no point to the exercise apart from lining the pockets of a few corporate bankers who don't need the money.

    I've been off post for a while so my apologies if this has been discussed subsequently.

    P.S. From earlier; I'm one of those salesman turned managers but as to journalism then I've never tried that - is it tasty?

    Noel90 - thanks for the nice comment. You're a gent (and Karren has a lot going for her as well).

     
  • At 28/10/05 22:04, Blogger Kojo said…

    My dear Hugh,

    Posited......Should CelticFc acquire a STRUCTURAL ACADEMY?

    My thoughts on that Subject have Flitted To and Fro.

    The"TO".... Said ......No!

    Fro"FRO"....Said ......Yo!

    Now that it has been determined that the Dream of Having a True Bona Fide...Darn Tootin'...Academy COMPLEX.....Is not only possible, but PROBABLE........

    It's a Resounding..... YO,Babee!

    For you see,Hugh.......A Complex is a Wunnerful IDENTITY ENHANCEMENT!

    You are probably aware that in the World that we live in......

    Form will always win out, over the Old Fashioned....Substance!

    Go, if you can, to Any Modern Music Concert........And the First thing you will notice is.......

    PYRO-TECHNICS and Lots and Lots of Flashing Giant Screens.....

    If You are darned lucky, you may....Just May...... Be able to hear a snatch or two of the Performers Repertoire....

    And Believe me when I say this....

    I KNOW ALL ABOUT THIS SUBJECT....Trust Me!

    Most of the Fans (who attend in droves) ........ are only interested in the HAPPENING.......... The Being Part of... a Being a Part of!!!

    Back to the posited subject matter.

    Everything that you mentioned in your submission is 110percentum, spot on.

    Sure, Celtic do not need a Structural Academy Complex.....

    But the Mantle that Celtic wishes to Wear, of a World Class Team....

    DEMANDS IT!.. as A PREREQUISITE to World Wide, Recognition!

    Celtic's Aim From Now On .....to Paraphrase, my good friend,Sir Paul........

    TOTAL WORLD DOMINATION........

    Parochial?......SHMochrial!!!!!

    WORLD, Babee!.......WORLD!!!


    Hail! Hail!

    Kojo.

     
  • At 28/10/05 22:04, Blogger Paul67 said…

    dontbrattbackinanger, I am not a natural humorist (as you may have noticed), but I feel compelled to comment; your shipping forecasts have been hitting the spot recently and your 9:40 ditty was simply excellent.

    ‘Rap-up-well tonight up there. Geddit?

     
  • At 28/10/05 22:06, Blogger Another Alex Frae Govan said…

    BigJoewhoisbacktonormal
    Sounds good for you - how about the rest of us?
    Should we be pleased, concerned, extremely worried, or what?
    Cheers
    Wee Alex

     
  • At 28/10/05 22:07, Blogger noel90 said…

    JonG-

    I just said it-

    Sounded like thurrrufffly.......

    :p

    noel.

     
  • At 28/10/05 22:09, Blogger GM said…

    Shammy, you're not an idiot. Therefore no need for a guide!!

    If you decide to buy shares, your bank will be able to point you in the right direction. But please heid the words of Paul and Kojo: never, EVER, invest money you can't afford to lose.

     
  • At 28/10/05 22:12, Blogger JonG said…

    Aye,me too NOEL:

    KB says hello!

    Thinks your grandfather is to die for!

     
  • At 28/10/05 22:13, Blogger Kojo said…

    Sir Paul,

    Touché,mon ami!

    But no way would, that Elevated Exchange Value, get past the Eagle Eye of the Trustworthy...Mabel!

    Hail! Hail!

    Kojo.

     
  • At 28/10/05 22:15, Blogger Big Joe said…

    Thoroughlyyyyyyyyy

    Wasent that bad………………….

     
  • At 28/10/05 22:24, Blogger Paul67 said…

    Kojo, on the “world domination” subject. There is a deal to be done – and believe me, I do not buy this “out of our hands” business that I have been offered once to twice.

    As we both know, the deal is there to be done, the other players are in situ. Kudos to DD for today, I am encouraged mostly as I believe the man has initiated a profitable investment.

    He needs to follow through now. If he does, the people of Madrid, Milan, Munich and Turin will live in our shadow.

    Scotcelt56, I always introduce myself as a salesman, not everyone gets it. Without salesmen we would still be wiping our bums on leaves in the woods, and engineers would be working with wooden tools.

     
  • At 28/10/05 22:25, Blogger JonG said…

    Hellobigjoefaetherigswhosemotherisawayhomeandheisfreetoimbibeintherioja.

    Hows it goin?
    Glad to see your logged on tonight!

     
  • At 28/10/05 22:26, Blogger jack said…

    Paul, something just struck me, must be that 3rd can of miller sinking in!!

    you have stated a few times recently "Celtic are looking forward to a generation of Glasgow domination – and you can take that to the bank!"

    are you taking it for granted that glasgow domination guarantees trophies? what about the upstarts from edinburgh - both lots? do you, like me think that they are not too much to worry about, or are you being cute when you say "glasgow domination"? - eg you think there IS a challenge from the east?
    just curious ;o)

     
  • At 28/10/05 22:29, Blogger st.anthony said…

    ekbhoy68 - bang on with Peter Grant, sent off on 1 May '85 and 24 March '91.

    I'm also indebted to twm for suggesting mad Mahe and after a bit of research he is also correct. Mahe was sent off on 8 Nov 1997 and the infamous game on 2 May 1999.

    So that was 4 in total.

    I have a 'doozy' for Monday which requires around 15 answers, however let's hope for 3 points on Sunday first.

    Night night.

     
  • At 28/10/05 22:32, Blogger Timmy7 said…

    JohnG 8.40. at the risk of sounding unPC - an ugly burd is an ugly burd.

    Martybhoy and Big Joe (good to have you back to yourself), I know the Marques very well, one bottle left in the cellar. What about the Siglo (in the hessian sack) yeah or nay?

    Back to business, never had the wherewithal to buy shares before but there is a wee bit of spare cash ahora, Mrs Timmy permitting - more sound advise Kojo. What is the minimum spend on this new offer?

     
  • At 28/10/05 22:32, Blogger EKBHOY68 said…

    Thx st.anthony it was a lucky guess and lets hope the hoops are 11 clear of tfod by sunday night

     
  • At 28/10/05 22:35, Blogger JonG said…

    Shooting off now BHOYS,back Sunday.

    1-3 the Bhoys on Sunday.

    Good night from a happy Celtica home.

    Hail Hail!

    JonG

     
  • At 28/10/05 22:37, Blogger Paul67 said…

    Jack, I think Hearts and perhaps Hibs can pull a challenge together, especially this season, when we are in such a period of change.

    Financial might will out in the end, and neither Edinburgh club has any to speak of.

    The phrase ‘Scottish domination’ is far less emotive.

    ‘Glasgow domination’ has only two sides to consider. What is going on at Celtic, and the cataclysmic commercial failure going on elsewhere.

    Rangers should know that we are not going to dominate them purely as a result of good work at Celtic, we are going to dominate them because they have been so inefficient and wasteful of the advantage they had.

    In the 1990’s their turnover was 80% higher than ours.

     
  • At 28/10/05 22:46, Blogger noel90 said…

    Timmy 7-
    "An ugly burd is an ugly burd."

    I take you are below drinking age.....

    Let me tell you something.....

    After 12 PINTS of Stella....

    There IS NO such thing as an ugly burd......


    :p

    noel.

     
  • At 28/10/05 22:48, Blogger Timmy7 said…

    Noel90, I'm well above that age - after 12 pints of stella even the blokes look good

     
  • At 28/10/05 22:49, Blogger dessybhoy said…

    Hi all
    Certainly good news about the bricks and mortar of Lennoxtown being funded but hardly unexpectedly through a share issue as Paul67 has repeatedly stated.BFDJ was mumpin that it takes years for this to produce a player capable of playing regularly for the first team, has he missed something in relation to Celtic, there appear to be many playing, on the fringes waiting their chance, and many, if the reports are accurate developing nicely for the next couple of years.This will really piss them off over MP way who went for bricks and mortar first. I really do think that Celtic in the right environment could grow the club massively into the club we as supporters know it can be.Only playing in the SPL is stopping us for now.

     
  • At 28/10/05 22:55, Blogger chennaiseabird said…

    Paul

    I know, under that calm bloggermeister exterior....We've all had to do it. I'd love to know the full Fan-Fan story, but (courtesy of another poster on CQN) I read what the PSG fans thought. Lived up to his reputation at Livi, I believe.

    Kojo, yes. The atrium, the echoing spaciousness, the studs on ceramic tiles, the trail of mud. No doubt some troughs with growing green things in them. But I just want the knockers of our youth system to think. It is the best in the land, maybe the world. Seriously.

    I took my son to Old Trafford a few years ago to see Man.U. play Rapid Vienna (spit) in a Champions' League qualifier. They won 2-0, goals by, I think, Beckham and Scholes. Mildly disappointed I was for my son, who were these kids? Why didn't Cantona score?

    We are growing them, our kids, now. We will keep the best, and sell the rest. Better for their time with a club that nurtures, not stifles, talent. (Sorry, Stephan, you're the older exception.)

    Noel90, I think we should wipe them off the park. But I thought that last November too. You're right about teams raising themselves, that's the one doubt I have. They have enough capable defensive players to make it hard for us to score - remember Inter. If they defend that well and get one break...

    I have too many memories over the years, especially the last five, of patently better Celtic sides losing to them. That's why it's a test. Not of ability - of character.

    I think we'll come through.Because we have a team, and a manager, of ability....and character.

     
  • At 28/10/05 22:56, Blogger noel90 said…

    Apparently its the same for women-

    us blokes get "less ugly.."

    BigJoewhosemammyhasgonebackhomeand
    lefthimtogoontheriojalikea
    greyhoundoutofthetrapsIdidnyreally
    thinkyouwereinthekkkjustthealicante
    cscandmaybereadyforworldnevermind
    glasgowdominationbecausewedeserveitaswearethebestsupporters
    intheworld
    withthebeststripsandthebesthistory
    andthebestyoungplayerscomingthrough
    sincethedaysofthelisbonlionsandthequalitystreetkids........

    Enough ?

    :)

    noel.

     
  • At 28/10/05 22:56, Blogger dontbrattbackinanger said…

    mes copains du c.q.n.-i have a dilemma-do i stow away tomorrow to go to minas morgul or to the'love ulster'rally in belfast.and by love ulster they do not mean wee daniel o'donnell

    celtic are proving so popular here that the seafarers mission are reserving the first 3 rows in front of the tv for genuine seafarers. as they have a 14"black and white murphy set i have gone on a crash course of lime avoidance to appear suitably scorbutic by kickoff time on sunday.
    otherwise i'll be firing up the navy surplus radio and keeping my fingers crossed for another 5 star jamboree.or 3 points courtesy of a last minute own goal.
    fire and skill,celtic,fire and skill

     
  • At 28/10/05 22:57, Blogger The Bald Ego said…

    Paul67,

    Can you set out in plain English the best way to go about purchasing the Subscription shares?

    My understanding is that a minimum of 500 can be bought at a price of 30p per share. So 150.00?

    Who do we apply to?

    I'm just drafting my list to Santa...

    TBE.

     
  • At 28/10/05 22:58, Blogger Big Joe said…

    Thanks very1 for the tips…………………

    On the shares……………………….

    Its appreciated………………………..

    Alex…………………………..
    Mmmmmmmmmmmmmm……

    Not sure m8.……………………..

    Try the Rioja experience……………

    Its one 2 remember…………………
    I think………………………

    JonG………………………

    Cheers m8 as I said b4... its been a trying week.

    But I am rejuvenated………………….

    And the pills seem 2 be working………


    Did any 1 see 2days press conference…

    When 'lil admiral' ……….

    Was asked if McManus would play as e left back

    He replied………………….
    We will see in the next few months……………..

    Timmy7 ……………………….

    Any Rioja is good, but I recommend….

    Comportillo Crianza 2002.…………..

     
  • At 28/10/05 23:00, Blogger Big Joe said…

    st.Anthony ………………………………

    Cheers m8 it’s a good diversion

    from the main stream………….

    Keep it up………………………

     
  • At 28/10/05 23:07, Blogger Big Joe said…

    Noel ……………………………

    You have kicked the..................
    ssssssssssssssss........

    Oot of the stella 2night

     
  • At 28/10/05 23:12, Blogger Historyreader said…

    Re the share issue and whether it represents good value. If you are investing in the shares in the hope of realsiing some level of profit then as the man ( Kojo is a man, yeah?) says, Furgetttaboutit!

    If you need a profit to feed the family do not invest; if you are prepared to help Celtic Football Club fund an academy building, pay someone money to watch football players across the globe or pay off a debt rung up by the directors then buy some shares. I know I will.

    However, in buying the shares it is not for financial reward but to support the aim of Glasgow domination. In doing so you might expect that such claims upon the numerous Celtic shareholders should be rewarded by a fan on the board; I know I do.

    When it comes down to it, this is not an opportunity for investment but another form of Celtica taxation.

    Who was that said there should be "No taxation without representation!"

     
  • At 28/10/05 23:16, Blogger Paul67 said…

    Chennaiseabird, you may remember when Fan-Fan signed there was a ‘he chose Rangers because Celtic were not professional enough to get the deal done story’.

    David was setup with this one.

    Celtic never had an interest in the player as Gordon Strachan testified to after the event, but DM was led to believe differently. There was a series of telephone calls, the fool bought it. He underestimated someone at CP – a big mistake.

    This really is an excellent story, but there are too many fingerprints on it to relay.

    And here is another reason to believe Alex McLeish is a good manager. DM bought the player.

    Football clubs are largely dominated by the vain and the foolish. We are lucky to have the aloof, Rangers are unlucky enough to have a vain fool.

    TBE, I have not got my hands on the prospectus yet, will do so in plenty of time.

     
  • At 28/10/05 23:16, Blogger Timmy7 said…

    Good Night and Hail Hail to all, Timmy junior's game is off tomorrow - lie-in city - woohoo.

    I'm off to watch Apocalypse Now now.

    P.S. Is it just me or is this blog getting more and more surreal?

     
  • At 28/10/05 23:18, Blogger Kojo said…

    My dear friend, The Bald Ego,

    If you go to the Celticfc Official Site.

    Left hand side of the Home Page.

    Click CORPORATE.

    Then Click INVESTORS

    Then Click ANNOUNCEMENTS.


    Now you will find the Complete Announcement of the New Issue,

    Plus instructions on how to Acquire.

    Hail! Hail!

    Kojo.

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

    Paul67

    Please dust off the fingerprints and give us all the juicy details.Just love it when "Mr.Murray" gets shown up.........By the way,where is he?Off on his private jet signing up a new messiah???

     
  • At 28/10/05 23:32, Blogger scotcelt56 said…

    Timmy7. My personal last surreal post but you are right.

    The Wicker Man was on one of those wierd (weird?)digital channels tonight and not one blogger mentioned it to remind me. One of the finest films etc, etc.

    However, for some reason Fargo, Kojo et al always seem to me to be embroiled in that industry so perhaps Kojo could explain why Hollywood have seen fit to remake the film with a duff cast and a complete change to some of the central characters? Anyone who can point out one thing wrong with BE dancing naked to some existential folk music is a better man than I am!

    Sorry, if I'm off post. It is late on a Friday!

    P.S. Regarding Britt Eckland. During the filming of Get Carter, BE and Michael Caine never actually met each other. Anyone who has seen the telephone sequence may find that a surprise...!

     
  • At 28/10/05 23:35, Blogger SanFran_Tic said…

    Check this out. TV Ad from Japan with Naka wearing the hoops.

    http://shunsuke.com/topics/051022orc_flash_30h.html

     
  • At 28/10/05 23:36, Blogger Paul67 said…

    Twm, I might give the impression that I am on safe ground at CP, but I push my luck more than you (or anyone at CP) would believe. I'll keep my counsel on this one.

    I will tell an allegorical story about two characters called Ray and Pierre - if the opportunity arises - in a couple of weeks.

     
  • At 28/10/05 23:36, Blogger Historyreader said…

    Karen Brady - a looker. Karen Brady

     
  • At 28/10/05 23:40, Blogger Timmy7 said…

    Scotcelt, I'm not away yet, saw a wee bit of 'The Wickerman' earlier, I can also see 'Get Carter' on the dvd shelf as I type - but i'm sticking to my first choice.



    Definitely going now. 'Weird' is one of those that breaks the rule btw.

     
  • At 28/10/05 23:40, Blogger Corpachbhoy said…

    Apologies for going off topic, but I aint the first and I probably won't be the last.

    LAST POST 4:01 PM, TerryO'Neill said…

    ... when Naka scored the other night we were treated to the strains of Japanese boy. My own personal favorite is a song by Hachidai Nakamura ... It was recently used in one of the 3 network ads.

    Quality song Terry. However, isn't the topic a bit sad. I think the lyrics can be translated as:

    I look up when I walk so the tears won't fall
    Remembering those happy spring days
    But tonight I'm all alone

    I look up when I walk
    Counting the stars with tearful eyes
    Remembering those happy summer days
    But tonight I'm all alone

    Happiness lies beyond the clouds
    Happiness lies above the sky

    I look up when I walk so the tears won't fall
    Though my heart is filled with sorrow
    For tonight I'm all alone

    Whistling


    That bird from the ad might give Oor Artoor a run for his money though : )

     
  • At 28/10/05 23:45, Blogger No Bread No Cakes said…

    Interesting this should come up on a day when the blog swung back to the finances for a wee while.

    What do you say Madmitch?
    Whats your take? Positive News?

     
  • At 28/10/05 23:46, Blogger noel90 said…

    historyreader

    Nooooooooo-

    I,ve been off the Brady
    for nearly FOUR days.....

    Thats it started again....


    noel.

     
  • At 28/10/05 23:48, Blogger up tae the borucs said…

    This post has been removed by a blog administrator.

     
  • At 28/10/05 23:49, Blogger noel90 said…

    corpachbhoy-

    that is nuts...

    :)))


    noel.

     
  • At 28/10/05 23:49, Blogger scotcelt56 said…

    Timmy, I knew that. Spelling was one of the few things I was really good at.

    Anyway, we clearly have similar taste in films which is what matters - the long version of The Wicker Man is a stunning film. First brought to my attention by a Rangers suppporter from NI but that's another story.

    Here's to good results from both green and white teams over the weekend.

     
  • At 28/10/05 23:51, Blogger Big Joe said…

    SanFran Tic…………………..

    Thanks for the post………………….

    Its hard 2 believe, but Naka is

    the Japanese……………….

    Beckham

    Bigjoewhoisontherioja

     
  • At 28/10/05 23:53, Blogger supercelt said…

    Karen,button yourself up woman!

    Is it halloween already!

    Sorry Noel.

     
  • At 28/10/05 23:54, Blogger mcklintop said…

    Guys very excited by news of the new share issue,
    I'll admit now I was never a fan of McCann, true he told us that he was only here for 5 years, and then he was selling his shares. But he was always only here for the profit. DD on the other hand has bought shares when their value was in freefall. The man deserves no criticism. DD I salute you.

    A few people have talked about the dominance of the Celtic youth even without the academy. However a word of caution the latest Scotland Victory Shield first X1 has 6 gers players in it.

    But in two games against N. Ireland and Wales they have 1 point, and Robert Fleck's nephew John is playing, hard to believe but he is even uglier than his uncle.

    Do not despair though the outstanding player thus far is Wotherspoon, a Celtic youth player who can play anywhere on the right, a true star in the making.

    With the news tonight I feel like a sing song will any one join me? Hail ,Hail the Celts are Here, What the hell do we care...

     
  • At 28/10/05 23:54, Blogger noel90 said…

    Anybody got any photos of Karren Brady wearing The Hoops.........?

    I,ll just get me coat....

    noel.......

     
  • At 29/10/05 00:01, Blogger Corpachbhoy said…

    I,ve been off the Brady
    for nearly FOUR days.....

    Thats it started again.

    aarghh! that's me off to join the foreign legion with Stan & Ollie!

    Beau Chumps BTW for the burgeoning CQN film buff society

     
  • At 29/10/05 00:04, Blogger Negative Anon said…

    Mmmm

    And so it came to pass.

    I kind of retired - but before I really do.....

    So - we see a share issue and a delisting that will effectively mean that DD can take more ownership than stock exchange listings will allow.

    Oh I wonder why........?

    The Premiership is clearly closer - DD's nonesense over I don't want control should be ignored - I want more than 30% should't

    My fellow hoops - are you ready to be taken to the cleaners?

    Paul - I wondered why you had posted on our mythical domination before this.

    You serve them well.

    See you in hell......

     
  • At 29/10/05 00:07, Blogger Corpachbhoy said…

    Now that the accountants have all gone off to bed with their Horlicks

    Embdae think that Alan Shearer asking for us as his testimonial opponents is a bit of a kick in the teeth.

    The lyrics of the song that follow "We could have Shearer" must be common knowledge amongst senior players.

    What ironic genius then, to have ask self same fans to pay their hard earned cash to applaud and cheer the player (who if you ask me is accurately described in the song) that they deride (I appreciate that it is a testimonial committee not just the player and that we are undeniabley a cash cow).

    I for one won't be going! The Lennon incident is only one from a long catalogue! (scowley looking emoticon inserted here)

    Corpachbhoy

     
  • At 29/10/05 00:10, Blogger Big Joe said…

    Negative…………………

    In the past…………………
    You were thought well off

    On this site……………………..

    Now u have just lost the plot………….

     
  • At 29/10/05 00:11, Blogger Negative Anon said…

    What plot is that Joe?

     
  • At 29/10/05 00:11, Blogger twm said…

    Mcklintop

    Don't want to put pressure on the bhoy,but I know for a fact,that one of the Rangers youths is a season ticket holder at Celtic Park.I know,I find it hard to believe as well..........

     
  • At 29/10/05 00:13, Blogger Paul67 said…

    Neg Anon, you dismiss all your previous predictions of the man.

    You dismiss the possibility that DD is about to forgo his right to make a takeover bid.

    Your hypothesis is retired.

    On every objective measure your predictions have not come true. Do not feel the need to strike out against me. Celtic might just be in for a helluva ride, do not get your creative conspiracy theories book out, enjoy the ride.

    Celtic need watchers, not wolf criers.

     
  • At 29/10/05 00:14, Blogger pat simpson said…

    Best day on this site for some time, no doubt feel good factor from Wednesday night and share issue news is the reason, hopefully won't hear any more nonsense about DD's intentions. It would also be nice to think that all the bickering and backbiting on slow news days would go away and possibly be replaced by some thoughtful and plain language discussion about how we are doing and where we are going. Kojo and his pals are entertaining a little bit if you have time to figure out what they are saying, today was ok, but then when you are confirming good news that's been predicted it's easy.
    November is going to be a big month for us and our opponents and lets hope our progress continues through this time and we will still be in a position to gloat at the end of the year We have a long way to go.
    Hail Hail

     
  • At 29/10/05 00:15, Blogger Kojo said…

    My dear friend, Neg Anon,

    Do not depart,my friend, in Dudgeon so High.

    It does no become you.

    I have a suggestion....... Take a deep Breath... and start all over again.

    You are a valued contributer to the Blissful Blog.

    We all need a little injection of Cynicism now and again.

    I for one will be sad if you have retreated from this scene of all Things Celtic.

    However, a man has to do what a man has to do!

    Is Reconsideration, so out of the Question?



    Hail! Hail!

    Kojo.

     
  • At 29/10/05 00:16, Blogger stevie21 said…

    Guys - there aren't enough hours in the day to allow me to read and digest every post.

    However, I do intend to piece together a decent FAQ. Amortisation, LennoxTown and Jinky Johnstonism are all current topics. Actually I just made them up - if you have anything topical, feel free to inform me. I'm currently reachable via stevie21.com.

    If I could stay off the vodka long enough to create something here I'd be onto a belter.

     
  • At 29/10/05 00:17, Blogger supercelt said…

    KOJO, take note -

    http://sport.telegraph.co.uk/sport/main.jhtml?view=DETAILS&grid=&xml=/sport/2005/10/29/sfncel29.xml

     
  • At 29/10/05 00:18, Blogger mcklintop said…

    TWM,

    I respect your knowledge, so apparently is Chris Burke as was Neil McCann. My point is that they are doing the business for gers. Will it hurt less if it is they rather than Bazza who scores against us, I think not, I am am idealist and I must admit I was shocked and no little dismayed at how MCCann celebrated when he scored against us. I would be equally dismayed if the player you discuss was to score against us.

    I want us to sign all the good youngsters regardless of background.

     
  • At 29/10/05 00:22, Blogger supercelt said…

    NOEL / STEVIE21 could one of you fine gentlemen give me an idiots guide to creating a link.

     
  • At 29/10/05 00:22, Blogger Historyreader said…

    Share issue

    Anyone want to take up Negative anon's point about AIM.
    We went into AIM when Fergus took control then went for a stock market listing now we are going back to AIM.

    What is this? The hokey-cokey?

    Of course, there is an aspect of this that says no bloody wonder the Board don't want Celtic fan/small shareholding representation as there is some more taxation to come.

    The rich get richer; and remember which ever way this share issue goes Celtic will gain and Dermot Desmond will not lose out, or is it the other way about?

    It could be worse, we could have signed Pierre Fan-Fan Dancer, ya beauty!


    Team selection

    And the final point for the evening, Gordon is, in my humble view, making a well-judged approach to the management of change (one measly shitty result aside).


    He continues to keep Thompson, Hartson, Sutton and Lennon in the team to good effect. My view is that all of these players should play over 30 games this season. Beattie Maloney will be on 20+.

    4-2-4 was the preferred option of Jock Stein and he also had it that in terms of team selection the defence was rarely changed, the midfield looked after itself and the forwards were rotated as horses for courses.

    Whatever happens this season, we must finish first in the league. Anything else, like Karen Brady, is just a distraction.

    1-3 to the Celtic.

     
  • At 29/10/05 00:23, Blogger Serutiku said…

    Paul67 9.48pm - go on, don't be shy - or worse - a tease, won't tell a soul, cub scout's promise.

    So what's the REAL Balamory about the Fan-Fan transfer nonsense and the Hoofed Lord of Haloween?

     
  • At 29/10/05 00:23, Blogger Negative Anon said…

    Paul,

    Quite the opposite - the key to the share issue is the delisting. As you know this allows for a greater share ownership for DD without the troublesome nature of having to bid for the rest of the club.

    Those of you who have supported Fergus must be outraged - he tried to prevent this.

    Oddly Paul you were against this - you felt that concentrating share ownership was wrong - yet tonight you are happy. Delisting as you know allows more concentration of shares. How can you be happy with what you didn't want?

    Dismissing me may make you feel happy. I have no influence. But you are now happy with what you professed you didn't want. I am an easy target on this site. It saddens me that our complacency is so rife.

    Will we ever learn.

    DD must be laughing at our stupidity.

    Wolf crier indeed. I am Jack's inflated sense of hipocracy!

     
  • At 29/10/05 00:24, Blogger spikeysAuldMan said…

    without salesmen -

    no feckin crazy consumerism like plasma feckin tellies, windaes that you need to live to be 236 to beat the costs, "hoovers" that can clean yer dug and oh the ways and means of genocide and destruction or was that last bit the engineers' faults.

    dont really know what kind of political system or mentality actually values salesmen over engineers.

    financial and sales types -

    you've got to love them

    ps there are meny teams wi loadsa money around europe. i'll settle for another 9 in a row and euro final in that time.

     
  • At 29/10/05 00:29, Blogger twm said…

    McKlintop

    Point taken.Agree with you 100%Background is not paramount,dedication to the team is.

     
  • At 29/10/05 00:30, Blogger Negative Anon said…

    Kojo,

    Value is in the eye of the beholder.

    My eyes are closed. When you can change nothing is there any point in flogging the horse?

    I value all of your opinions but the cosy cabal is never the best place to discuss and seek change.

    I thought this site might just be the place.

    But......its only football eh?

     
  • At 29/10/05 00:31, Blogger Paul67 said…

    Pat Simpson, agree totally. Can I do a ‘Big Joe’?

    November is a big month.

    Two Rangers games.

    Rangers sack their manager.

    The above will be packaged differently.

    MIH sneak out their figures, ouch.

    Can I suggest a song?

    Twice at Celtic Park we sing:

    ‘Fourth in, the SPL
    Fourth in, the SPL
    Fourth in, the SPL
    Fourth in, the S, P, L.’


    Force the issue home, sing it from start to finish.

    I am beginning to enjoy this football stuff.

     
  • At 29/10/05 00:32, Blogger noel90 said…

    supercelt 12.17-



    Don,t you KNOWhow to make a link ?

    :p

    noel.

     
  • At 29/10/05 00:37, Blogger supercelt said…

    NOEL, you wee tease

    Hope your not fell out with me over the K.brady comment.

    Paul, I think that wee chant may just take of.
    Hope we are still singing it in may!

     
  • At 29/10/05 00:39, Blogger No Bread No Cakes said…

    Negative Anon

    Many a nae saying and many warning of woe.

    can I ask you for a prediction for the demise of Celtic if this is your worry?

    I have never really got a handle on all your negativity. I was in edinburgh today. had a drink with a m8 who used to work in KPMG we were talking about romanov as my m8 is a Jambo. I asked about his fears for romanov and the transfer of hearts debt to romanovs bank etc. In the end after an hours rambling he basically called it that romanov is a business man who will make money without shafting hearts but by hoping too get 3 runs in europe every 5 years. I asked his opinion of D Desmond and put forth the fear based views put forth on this blog. His opinion is that DD must be a fan as no one would have left their money in the club for so long. His opinion is that if DD was in it for money he would have cashed in the £4 million he put up with Fergus at the same time as fergus cashed it his as reinvestment in other commodities would have paid him many times over what leaving his cash in Celtic ever will.

    Whats your take on this?
    Do you have investement comparisons on £4 million invested in 1994 in CFC vs £4 million invested in other commodities over the same 11 year period?

     
  • At 29/10/05 00:40, Blogger Kojo said…

    My dear friend, supercelt,

    I have duly visited the link that you so thoughtfully provided.

    The report is at least 48hours old.

    Nothing, that I could see, of any street value.

    And remember......... RORY is always with us.......

    If Mr.Petrov elects to stay.... then so be it.

    I wish him nothing but the best.

    But I warn.........Monsieur Pierre is a Formidable Adversary.

    Hail! Hail!

    Kojo.

     
  • At 29/10/05 00:42, Blogger Paul67 said…

    Spikey, if the engineer that developed the process did not ‘sell’ his discovery, no one else would pick it up.

    Seruiku, remind me at the time of the Rangers games and I will pitch the story well, promise.


    David Murray gave an interview to The Herald in March 2000, this is the article that followed.

    I have featured this before and fully intend to headline it next month, but lets enjoy it one more time:

    Murray's Blueprint
    The Herald, March 2000
    KEN GALLACHER
    Just as promised, Rangers are moving on to another level from the rest of Scottish football, as chairman David Murray announced a new investment of £53m for the Ibrox club, with a further massive cash boost soon to follow.

    The eventual cash injection could soar as high as £80m as Murray guides the club into what he believes will be a new, golden era for the Scottish champions. The money involved, the biggest financial boost for any Scottish football club, will enable them to move into Europe's elite over the next few years. Yesterday, however, Murray maintained, as always, that he will not turn his back on Scottish football to play in any other league, and that while he remains in charge of the club, he will retain a responsibility to the domestic game."

    It is clear from this latest move, however, that the Glasgow giants are setting an agenda that no other Scottish club can match - and that appears to include their Old Firm rivals, Celtic, who are trailing by 15 points in the Premier League championship and are now looking at a financial gap which the Parkhead club might not be able to bridge. There have been hints around Glasgow that Celtic could be ready to attempt a share flotation of their own, but it would seem unlikely they would be able to match the financial clout that Murray has put together. The Ibrox chairman promised his shareholders good news and a more prudent financial strategy at the last annual meeting of the club. He has now delivered this by taking on board several very heavy financial hitters, South African-based David King is worth around £300m - £20m of which he is investing in the club he followed as a young man in Glasgow."

    The Ibrox chairman has spent several months and many sleepless nights piecing together the plans which will eliminate Rangers' debt, currently sitting at around £40m, provide finance for the new training centre and the soccer academy which will be housed there, and still allow cash to invest in new players. He said: 'I want to make it clear from the outset that while our small shareholders, our supporters who have an interest in the club, will have the opportunity to invest again if they want, there is no pressure on them to do so. The bulk of the rights issue is being taken up by myself and David King and some other smaller investors, including Alastair Johnston, who is a long-time Rangers' supporter.'

    'We also have Trevor Hemmings coming in as an investor and Tom H***** will join us some time in the future. Essentially, the investment we require is in place and we also have a major media deal in the pipeline which is very exciting and will bring in further serious investment to the club. I told you earlier this week that I had run the club up to now on a high-risk strategy which has involved carrying large debt. These days are over. The whole method of running the club is going to change, because we are in a situation right now where we do not need to take the risks we have had to take in the past. We don't have to spend the same money on players, for example, as we have had to do over the past two years when we were restructuring the team after the arrival of Dick Advocaat. At the moment, we have two new players set for next season, Allan Johnston and Fernando Ricksen and Dick is looking for another quality striker. He is working hard on that right now.' 'Dick and myself know what we are aiming for.

    We want to be in the Champions League every season. This is what we want for the club and this is what we have been working towards. However, we shall not be going on any wild spending sprees in the transfer market.' 'We have a player or two to add to the squad - a top-class international front player, as I said, but we don't need to buy Numan, van Bronckhorst, Mols, Reyna, or McCann - because we have these lads in place already. Believe me when I tell you that we are going for it this time - we want to be successful in Europe, and the money we are raising now will take us there.'

    'This is the last part of the jigsaw for me, but we shall always be a part of Scottish football and we will take our domestic responsibilities seriously. We respect the other teams in the Premier League and we know this news will make them try even harder against us. But, so be it. 'Barcelona don't win every week. Bayern Munich don't win every week. Manchester United don't win every week. Yet, our supporters expect us to do so and we shall always try to do that. What we do know is that to be in the Champions League, we have to win the Scottish title, and that is our aim every season. We shall always be here with our roots.'

    However, the mega-deals Murray has been working on are sure to carry Rangers out of the reach of their rivals here at home and unless Celtic can somehow find the means to strengthen their own financial standing even the age-old rivalry between the Glasgow giants will be threatened as the Ibrox men grow ever stronger.

    ‘Fourth in, the SPL
    Fourth in, the SPL
    Fourth in, the SPL
    Fourth in, the S, P, L.’


    Paul said: I added that last bit.

     
  • At 29/10/05 00:43, Blogger Serutiku said…

    Paul67 - ooops - apologies, just seen your 11.16pm post - dib dib dib.

    PS
    Can we have a cessation of fantasities re. KB?

     
  • At 29/10/05 00:47, Blogger Negative Anon said…

    No bread,

    As supporters we tend to see what we want to see.

    I have never really looked to DD for altruism (though I always had my fingers crossed).

    My point is, and has always been, Celtic are right for a killing. A share price so deflated that on balance sheet values we are worth around £16M - for a priceless institution - recognised around the world and almost at its performance peak.

    You concluded Romanov would seek profit without shafting Hearts - well I think the shafting of Hearts does not matter to him as long as the money is good.

    £4M invested in Celtic may yet yield £40M in the right circumstances - a yield that any investment manager would envy.

    This latest nonsense is about getting closer to that dream. Is he doing it cause he loves us? Nope - we all know what he thinks of us.

     
  • At 29/10/05 00:47, Blogger supercelt said…

    KOJO- If supermo wants him to stay then thats that!
    ;)

     
  • At 29/10/05 00:49, Blogger Negative Anon said…

    Paul - care to respond?

     
  • At 29/10/05 00:50, Blogger jmyjnstn67 said…

    As one of the fans that booed Quinn,and still believe at the time it was the right thing to do,I have to to applaud DD if he is true to his word and invests £10m.

    Paul,I assume we would in a years time be able to sell Barrowfield.Do you know how much or little we would be able to make from this?

    Also ,assuming David Murray is not reading this can you think of any way he can get out of this mess?
    The way I see it he will have to eventually write off the £50m and sell,therefore DM and not Rangers will lose out.

    I admit I am no financial expert.Could you please advise.

     
  • At 29/10/05 00:50, Blogger EdwardUrsus said…

    Hi Paul,
    Re your 12.31 post, I agree November is a big month, and it may well go the way you say, on the other hand couple of gritty ground out results could be a turning point in the Rangers season, cause a break in the high confidence currently enjoyed by a relatively young Celtic team and allow them to start chipping away at the current point difference. You may well be right about the song, it sounds the kind of consolation song a witty support would come up with, be careful though that the song heard from the other end is -Only sing when your losing ;) But seriously and back to your first point, I agree a bad November and Mr McLeish will be away, though my opinion is that it will be presented as a resignation, with a good chance of it being a genuine one.

     
  • At 29/10/05 00:54, Blogger spikeysAuldMan said…

    too true paul67 but the inference that human progress depends more on salesmen than engineers is lets say up for debate....

     
  • At 29/10/05 00:56, Blogger SanFran_Tic said…

    Paul67
    I agree we are seeing real distance growing between ourselves and TFOD. We shall dominate Glasgow but does that mean by default we shall we dominate Scotland?
    If the speculation turns out to be true re: the shortlist for the Hearts managers then we are seeing the emergence of a viable antagonist in the East. The caliber being touted is unknown outside the Old Firm, I feel it is a marker of intent and ambition.

    What has the Romanov Dynasty spent thus far? Do we have any idea what proclivity to spend might be, how deep are the pockets, what there forecasted budget may be? I heard earlier in the season they enquired about Ryan Giggs, shocking but another indication.

    Where will Romanov make cash from Hearts? Real estate, move to Murryfield, or CL cash. Maybe both.. They can not compete on a Global level with the Celtic Brand I feel but they can seek to steal our CL cash. Know thy enemy, the environment is changing.

    Can we match them dollar for dollar, how does there cost structure compare to ours, is it a sugar daddy relationship, or do they turn even a small profit, any idea of their debt level?

     
  • At 29/10/05 00:56, Blogger spikeysAuldMan said…

    posted that murray pish on follow follow once or twice - now banned ;-)

     
  • At 29/10/05 00:56, Blogger Kojo said…

    My dear friend, supercelt....

    You are so correct.

    It's just that I had this Supercilious notion, that......

    Nevertheless,you soon returned me to the tried and true realm of the Hoi Poloi.

    I bow to your superior logic.


    Hail! Hail!

    Kojo.

     
  • At 29/10/05 01:04, Blogger Paul67 said…

    Neg Anon, DD has underwritten an issue. It is not a closed issue, it is open to you and me and non shareholders.

    If he declines his opportunity to make a takeover bid he has passed up the easiest opportunity to do so. No amount of navel glazing will change this FACT.

    Moving to AIM has the hallmark of PL all over it. Cut non-football costs. If we were moving the other way I can imagine your reaction.

    DD has now presented a plan where the ordinary fan can participate in the ownership of the club – crucially, this act will reduce his overall control position after his convertibles convert in 2007.

    Celtic spent in the summer against your prediction.
    Celtic spent on transfers, not wages, against your prediction.
    Celtic increased their debt, not reduced it last season against your prediction.
    DD will now strengthen the balance sheet against your prediction.

    On every objective measure, you were wrong. Time to find another cause to rebel against.

     
  • At 29/10/05 01:05, Blogger Emjay said…

    Paul,
    i might leave a few copies of that "murray exclusive" lying around my work!

    just to remind them!!

    as the porter once said to georgie best....where did it all go wrong?

    Emjay

     
  • At 29/10/05 01:06, Blogger SanFran_Tic said…

    Kojo/Paul67/Neg/ Bread and Cakes - it is Friday night Brothers. No game tomorrow - no libations?

    Men of steel for sure.

     
  • At 29/10/05 01:07, Blogger SanFran_Tic said…

    Edward, are you babysitting again?

     
  • At 29/10/05 01:08, Blogger No Bread No Cakes said…

    Neg

    I still dont know what you are worried about.
    Will DD sell off the decent players, lease the stadium and have us playing in scottish division 2 in the next 3 years?

    Thats the kind of concern i am talking about.

    From a personal point of view. I have given nothing to celtic apart from my cash to view a product be it on the park or on a dvd. How does this differ from going to see a Band or buying a CD? [OK not many bands you see week in week out] but i hope you understand what I mean. I have made no massive personal investement, I cant afford it. So I dont feel like I own Celtic in any way same as i dont feel I own any part of the bands i've seen time and time again or whose cds I have bought over the years. So I dont see a massive difference - they are a team, I love them, I dont own them, I support them financially in my own small way - but I get a product, I get to see football. I dont send them cash on a weekly/yearly/whenever basis without any return - The transaction is money for entertainment, joy, elation, grief, woe, hurt.
    In my view we are fanatical consumers.
    Am I completely doo lally in thinking this?

    You need to spell it out m8 cos I dont get it. If someone is willing to gamble Millions then arent they entitled to some sort of pay off?

    Do you think DD has asset stripping in mind and will leave Celtic penniless in the next couple of years ?

    As I say, I dont get it, I am not being deliberately obtuse, I honestly dont get it. Help me understand your point of view.

     
  • At 29/10/05 01:12, Blogger big liam said…

    Sweet news today.


    Fourth in, the spl
    fourth in, the spl
    fourth in, the spl
    fourth in, the spl

    Quality.

     
  • At 29/10/05 01:13, Blogger Paul67 said…

    Edward, I enjoy our chats, and respect your for staying the course during these difficult times.

    David and Alex have already had ‘the chat’ – you can take that to the bank. November will be the month.

    Spikey, I liked your comment, there is an excellent debate there, that is for sure.

    I am not saying I would rather spend an evening with a group of salesmen mind you. Urgh.

    SanFran Tic, the Edinburgh ‘festival’ winds down in the autumn. No worries.

    Cheers big Liam.

    ‘Fourth in, the SPL
    Fourth in, the SPL
    Fourth in, the SPL
    Fourth in, the S, P, L.’

     
  • At 29/10/05 01:15, Blogger pat simpson said…

    Neg Anon
    I know I am falling for it and

     
  • At 29/10/05 01:17, Blogger jack said…

    paul,

    i have been partaking of this estimable blog for the lat 2 months or so, and i must say i have never saw you so bullish as you have been tonight. i too, and many others no doubt, have enjoyed the last few days immensely. however, i do not share your glee at the thought (in your 1231am post) that when/if Big Feck bites the bullet in Nov it is a good thing. Now,I happen to share your views that Murray is a fool, but in my opinion this does not mean that the former ginge(yes, he uses just for men) is not. the man has a track record of destroying teams- this time is just all the sweeter for us - BUT I DONT WANT HIM SACKED!. If he goes, there is still time for the new man to galvanize them ,and the men who proudly wear specsavers on their shirts.

    Oh and one last thing - the article you posted from the Herald in 2000. if it showed me one thing, it showed me that we should not get carried away by our current feelings of ascendancy- look what happened 3 months later whem MON blew into town!!

    dont get me wrong, i hope(and have a hunch) that you are right to be bullish, just thought i'd lob a couple of cautionary grenades in

     
  • At 29/10/05 01:20, Blogger SanFran_Tic said…

    Really Paul? That flippant? You don’t think with experienced proven managers in the mix for consideration they (Hearts) are not telling them a story of longer term plans (available spend and objectives). I don’t think it would be to settle for 2nd place and hope they can battle through CL qualifiers each year.

     
  • At 29/10/05 01:22, Blogger Half_full said…

    Glad to be getting my first post under my belt. Hope to finally get involved in some of the excellent Celtic discussions i've been reading for so long!

    Anyway, I agree todays anouncement is a step forward for Celtic. DD hasn't indicated this far that he's looking to milk Celtic for financial gains and i'm sure that will remain regardless of how many other shareholders take up their quota.
    Desmond is clearly intelligent enough to realise the backlash he'd receive should he make a strong takeover bid for the whole company. I just can't see it happening...

     
  • At 29/10/05 01:28, Blogger Al Obundy said…

    Well what is there to say, Desmond pulls it out of the hat or does he?.

    If the 15 million is indeed raised, which part pays for the training ground (lovely little bit of land that is}, and which part pays to steady the good ship lollipops bank balance.

    If peoples fantasies come true and Celtica and all who sail in her move south or abroad, who would benefit from a mass purchase of share. Is the aquirement of land to be beneficial to those with the small bucks to invest or to those who have the means and where with all to purchase lock stock and barrel. Is not the concentration of shares a step in the direction of one man one say.

    What will be the clamour for shares by the small investor, will there indeed be one?.

    Glazier, Romanov ,Abramovich, Wigan, Middlesborough, Rangers Villa(within months}, is this the way forward, do these guys know something we dont.

    Why be willing to underwrite 10 million and not 15, why not underwrite 15 in a 20 million share issue, or 25 in a 30.

    Do people think that by purchasing shares they are buying into a very nice wee plot of land or paying back interest in loans.

    What ever slant you put on it and there will be many of them, the rich will get richer and the poor will get poorer. Let Desmond and co buy into the debt relief (it was them who saddled the club with it} and the small purchasing supporters into the training ground.

    No im not convinced I will be parting with any of my hard earned spondadoolies thank you very much.

     
  • At 29/10/05 01:30, Blogger pat simpson said…

    Neg Anon
    I know I am falling for it and 67 advised not to but...

    having been a Celtic supporter for over 50 years and been through the ups and downs of a few different owners/controllers of the club I can confidently say that the present regime are the best, most astute and most honest and dedicated runners of the club we have had in most of that time...I cannot talk of the early years but lots of my family, the celtic family were there, and they do not disagree.

    I do know though that nowadays any institution is open to legal charges of misadministration but you wouldn't go that far cos you are a tim aren't you, just like 67???

     
  • At 29/10/05 01:33, Blogger Subterranean said…

    ...I think a note of caution is due...football has an uncanny habit for surprise...we won well on Wednesday...Friday brings exciting prospects yet...a couple of reversals against tfod in november and...and maybe it won't change the longterm picture but a match is seldom won before it is played...remember, one game at a time and all that...

    Chris

     
  • At 29/10/05 01:34, Blogger Negative Anon said…

    Paul - yes the issue is open to all and if we all take up our allocation... but that rarely happens.

    You have not answered what I said -aren't you worried about share concentration any more.

    Lets take your points:

    Celtic spent in the summer - against my prediction. Celtic did indeed spend the first money sonce Seville - but then again you predicted (for over a year) a £20M spend, then (eventaully) a sustainable £7M a year forever - now its - no cash - jam tomorrow eh?

    Celtic spent on tranfers - yes they did - but they had - the situation had become untenable. But what have they really bought - where is that asset management?

    Cletic increased debt - well where do I start - for over a year you have ignored my observations (i.e. celtic reserve money for projects that dont warrant it)

    Strengthen balance sheet - things have got so bad that, even by your own prediction we would be technically insolvent - it had to be done - we are so undervalued as to make it laughable.

    But you believe what you want to believe - next time you are in the comfy seats and you feel the discomfort - remember.

    Takeover bid - he is still awaiting the EPL news - this way he has a bigger share without buying the club - clever bhoy dd - or are you arguing he is doing it cause he loves us Paul

    No bread

    By all of our avowed views you wown celtic as much as the next man. The great collective that is celtic - you are part of it (and the most imprortant part).you win and lose with us. Celtic are the support.

    I am worried about what happenned after Seville - we were sacrificed on the alter of DD's financial ambition (see all my previous posts). We are DD's investment - he will do with us as he sees fit.

    Pat - does that mean if I question I am not a tim? If so I reject your Newspeak - we are and always have been at war with Eurasia....

     
  • At 29/10/05 01:36, Blogger JohnBhoy said…

    McKlintop,
    Did you watch the match against Wales U16s? To my eyes, the only truly class player in the Scotland side was Michael Graham, the centre forward from Celtic. He had a first touch to die for and a burst of pace that left his oppponents for dead. I hope the only reason for his substitution was tiredness but, having watched this Scotland side's first two games against Northern Ireland and Wales, I remain unimpressed by the selection, leadership and tactics of the SFA placeman Ross Mathie.
    Yes, Rangers had a lot of players in this squad, but many of them lack the basics to be able to make it to the TOP level.
    They have the strength, height and aggression needed to get results at youth levels but that's all.
    Having seen young John Fleck, though, I thing that, at 14, he is a fair talent. But promise at that age does not always equate to a lengthy professional career.
    He was well handled by the Celtic full backs in the recent Under-17 game at Murray Park, yet scored a fantastic goal.
    As someone who has coached youth teams for the past nine years, I HATE to hear anyone speaking ill of any youngster. They're just kids after all.
    Although I think the presence of the main CHELSEA scout should have rung alarm bells down Murray Park way as far as the talented Mr Fleck is concerned.
    ;-)

    (http://celticfcblog.blogspot.com)

     
  • At 29/10/05 01:42, Blogger SanFran_Tic said…

    NegAnon
    Working with imperfect and incomplete information for the most part and conjecture to complete my picture. Your vision is as feasible and valid as any other I have read.

     
  • At 29/10/05 01:53, Blogger JohnBhoy said…

    Negative Anon,
    Just answer me this one question:
    If Dermot Desmond had never put a penny into this club, where would we be?
    In administration, perhaps?
    Or would you have found some charitable fellow to fill that 25million pound gap?
    Hey, there's still 15 million quid of shares out there begging to be bought.
    Go and get your gang of good guys together to stop that rogue saving our club again.
    I know you can do it, NegAnon.
    Don't let me down.....

     
  • At 29/10/05 01:58, Blogger pat simpson said…

    Cheers Johnboy
    I agree 100% .
    Lets talk football, our way

    Pat.

     
  • At 29/10/05 02:22, Blogger big liam said…

    Having great fun on chat lobbies with (fourth in , the SPL).

    Thanks Paul i've had fun with that one. ;¬)

     
  • At 29/10/05 02:26, Blogger PJBhoynyc said…

    Evening CQN..

    My my...an inflow of cash proposed and another stushie into the early hours...

    I consider myself wise enough to know what I do not. Reading the debate over DD's intentions is an education given my ignorance of the financial world and its semantics...

    Neg Anon...I would like to reiterate the views expressed by No Bread No Cakes...I am a consumer of a product that my family and community has a long standing emotional connection with...What are the possibilities here..

    A) DD will destroy the club a la Rupert Maxwell.
    B) DD has invested some of his money in a labor of love.
    C) DD gets a healthy return on his financial investment...while we do on our emotional one..when we move on to pastures new..

    I have no problem whatsover with B and C....as I had no problem with Fergus as soon as I saw that stadium being erected...

    It seems that a major concern of yours was the lack of investment after Seville...Maybe it was not possible because we were in the middle of a Five Year Plan which relied on MON's intial purchases / inheritance...And when you have a plan you must stick to it...

    Neg Anon.. I would genuinely like to know what end game you envisage...

     
  • At 29/10/05 02:31, Blogger Timmy7 said…

    Ken Gallacher - now there was a HUN.

     
  • At 29/10/05 02:51, Blogger mcklintop said…

    Johnboy,

    i agree that Graham looked a prospect, but Wotherspoon was the best of the bunch, Provan agreed.

    I am sorry if you feel I disparaged any players, I make no apologies for that. If you play for TFOD u deserve no respect. Sorry if that makes me a bad person but Cellic first anything else nowhere. I make no apologies for that.

    I stand by my assertion, Wotherspoon is a player, in the two games I have saw him, wing back vs NI and fullback back vs Wales he was outstanding.

    Young Fleck looked a prospect but he was still an ugly bassa.

     
  • At 29/10/05 03:29, Blogger Now Thats What I call CELTIC said…

    What a difference a few days make.
    After Kilmarnock we had debates about needing 2 or 3 transfer windows to get the right team.
    After Motherwell using the same 11 players, we are saying how good a team we are becoming.
    We are a fickle lot!
    Regarding Neg Anon's comments, if the fans take up the shares then DD cannot increase his percentage.
    In fact the option is there for those who have not presently got shares, as well as those that have, which surprised me.
    I am happy about the opportunity as i will be buying for the first time.
    Can anyone explain what the significance of moving to AIM?
    I have read it is to cut costs and make the share issue simpler, can anyone expand on that in more detail?
    Paul, you mentioned that this may indicate a move to the premiership, can you explain how this is linked?
    Also does anyone think there is any significance in announcing the share issue at the same time as Fergus is in Scotland this weekend?

     
  • At 29/10/05 03:47, Blogger PJBhoynyc said…

    Now Thats What I call CELTIC...

    That's a Significance I Overlooked..

    And That's What I call A Grand Name...

    KTF

     
  • At 29/10/05 07:53, Blogger dontbrattbackinanger said…

    the clocks going back brings to an end the puffin season,so it's back to the staple fare of winter greens,lemming and elk.the lemming are no trouble and almost cook themselves but elk are pretty big and sometimes you have to rely on roadkill.
    my simple rule with roadkill is if it looks worse than bob malcolm don't touch it
    come to think of it i don't eat a lot of elk

    last night lzynzryd skzynzyrd dedicated 'freebird'to stephane bonnes
    if i leave here tomorrow
    will you still remember me?

    gale 8 increasing severe gale 9
    imminent

     
  • At 29/10/05 08:26, Blogger noel90 said…

    dontbrattback-

    As you may be aware there are a number of lunatics roaming this site.....

    Are you their leader....?

    :p

    noel.

     
  • At 29/10/05 08:39, Blogger Martybhoy said…

    Morning all,

    Think it was elk in my kebab last night...leaves a bad after taste!

    Timmy 7

    Rioja is a wine best served in Spain. As I mentioned last night Faustino is available widely and will be in yer local spar....give it a go first, it's very palatable. No more than 2 bottles though.

    Negative Anon

    Don't go.....please we do value you even if you don't get on with the gaffer. The tories don't give up and not many listen to them.....

     
  • At 29/10/05 08:51, Blogger stevie21 said…

    supercelt
    To create a link :
    There's an "exhaustive" lesson here.

    Hail Hail.

     
  • At 29/10/05 09:47, Blogger supercelt said…

    cheers
    STEVIE21

     
  • At 29/10/05 09:48, Blogger noel90 said…

    stevie-

    Well done-

    I was trying to do that last night

    but my little fingers just wouldn,t

    do what they were told...

    :P

    noel.

     
  • At 29/10/05 09:51, Blogger noel90 said…

    Sorry-

    that should have read told.

    noel.

     

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