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Hellooooo?
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No1???
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Podium?
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Finance – aint got a scooby about it.
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Will clubs need to re-evaluate now or will there last evaluation stand.
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So let me read between the lines here Paul67 - they cooked the books and will be found out as and when anyone looks at them clsely for dsue diligence re. a sale or investment? They are really knackered aren't they?
1st!
In terms of a "real" post anyway - I'm revaluing the podium to suit my own agenda
;o)
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Paul, what in your opinion is a more accurate valuation of ibrox?
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'their' last evaluation. Must check my spelling.
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"closely for due diligence "
typing too damn quickly to get the early posting...
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How can Murray get away with pulling a figure out the air and saying thats what ibrox and muraay park at worth.
Surely a proper survey would need to be undertaken.
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Shamrock Diary,
I’ve just sussed who you are..!
Let me take this opportunity to pass on my best wishes.
I am a regular listener to the phone-ins and you are one of the Celtic fans I look forward to listening to.
You always articulate your points well and I think it is fair to say that you have the respect of the Jocks who are out to shock. Not an easy task..!
Keep up the good werk.
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Paul
Based on the potential impact on Ipox valuation can just see the DHL Express bag fleeing out of there today.
Dear Comrade Bailmeootshkie
Please rushkie the roubles,I can hear the KGB(Keep Govan blue) mobski baying at the gates.
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Paul67
if I am reading this correctly all clubs will be required to value their grounds according to the new rules and standards.
What I am unsure about is what happens if the new valuation of Rangers owned properties say comes in at a hypothetical £69m
Does that mean that in this hypothetical case £50m comes off the balance sheet as the existing valuation is not sustainable?
if that is the case will the organisations be allowed dispensation to adjust this over a period of time or would the attitude be one of "you have enjoyed the benefits of an inflated value for a period of time now you have to live with the adjustment"?
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Paul - do Celtic not own land aside from the actual stadium? - i.e. the bits where the police mounted charge was many years ago (Janefield Street?) - if so - and I wouldn't imagine Rangers own any of the surrounding land at Ipox - and if the grounds are similar size CP/surrounds should be worth more.
Have Celtic not already been writing down the value of CP in the accounts? I thought the P(ocket) C(alculator) brigade insisted on this.
TB
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Paul,
all these recent articles regarding R***ers financial problems has me thinking that you're building us up for something about to happen over at Mordor (ie total financial meltdown).
Can we expect some major news from "The Dark Half" in the near future (and Im no talkin of mystical £100m investments here)?
Peat
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Although mentioned previously, The Mirror reports this morning that Dave Whelan, through JJB, is buying the r*****s stores, And there was me hoping DM was going to be pulled for the securitas robbery:-) Investment my arse, nothing like robbing Peter to pay Paul!
Heres comes the boycott of all JJB stores!
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Fatfink-
ok the games-a-bogie.
I am the man that phones in all the time-how did you suss me ....?
shamrock dairy.
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Sorry Jockybhoy but I'm sure you won't begrudge possibly the oldest ever first poster his lap of honour round the podium.
In truth I was just passing by and saw this big fat 0 under the number of comments on an obviously brand new article by Paul.Couldn't believe nobody was there thus the opening 'Helloooo'. TBH I suspect I had plenty of time to write a proper post.
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fatfink 12.39
many thanks for very kind words but unfortunately I have to respectfully decline the gracious compliment
I only occasionally listen to the phone-ins normally if I am driving home from work between 6 and 7 at night and I have to say that I never call them.
I do hear the occasional Celtic supporter giving excellent points to the panel and stating their case eloquently and with some logic but I cannot claim to be that erudite.
Thanks anyway for thinking of me and being so nice but I'm afraid to paraphrase the line of the famous Shaggy song "it isnae me"
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With regard to the valuation of football stadia; the finanacial requirements of any business will necessitate the annual valuation of it's property assets, the preferred method of valuation, by the RICS and financial regulatory bodies, is one that reflects the market value of the property. There are many types of property where there is no, or at best a limited, market and consequently no market evidence of value. The appropriate method of valuation is therefore the Depreciated Replacement Cost which seeks to value the property in terms of it's worth to the business by reference to what it would cost to replace it but with an allowance to reflect that the bricks and mortar depreciate with age, (in very simplistic terms.)
If a football ground ceased to be used for the purpose it was built tomorrow, it is unlikely that there would be a market with a potential purchaser who would wish to acquire it for it's existing use, (there may be the odd exception.) What would become of the redundant asset then? The most obvious answer to this question is to consider the next most valuable alternative use, for example if the area was of an industrial character redevlopemnt as an industrial estate or an office business park may be viable, or housing in a residential area or perhaps even a Las Vegas style super casino!
Of the major football grounds in Glasgow, it is likely that the next most valuable alternative use would be for residential devlopment so the alternative use value would be it's value for residential development, less costs of demolition, servicing and insfrastructure and any decontamination work. It is highly unlikely that any of the major football stadia in Glasgow would generate a net alternative use value of much more than £10-£20m.
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Hi all
Back from Wales having checked up on my cunning plan for a Celtic take-over of the world!
I have three daughters, two of whom live in Wales and are the proud begetters of three Celtic supporting sons (one of them is only 18 months but he does have hooped pyjamas and I read him bedtime-stories)
The other D lives in Spain and I am sure will fulfill her destiny soon enough!
I work out that in a few more generations we should have substantially increased Celtic's turnover and worldwide fanbase!
And all down to one man's vision (and eye for a nice well turned Welsh ankle and cute bottom - female I hasten to add).
Thankyou BQ if you are reading this!
Just e-mail me and I will send you details of where to post the cheque or complimentary season book/swipe card for future seasons.
Anyway as it is now Lent, I have decided to regrettfully give up writing sensible contributions, and for the next six weeks or so, unadulterated dribble will fill the ether.
To that end, I was thinking of extending the mystery and intrigue of Estadio, Angelina, and JohnBhoy,(if you read it that is) to a few more episodes, hopefully involving the characters (as I see them) of the regulars who also post on this site!
I can't promise that you won't meet a grizzly doom at the hands of a big mr bad, but I can tell you that I intend to base it around a CQN convention, hosted by hopefully Paul67 (if he agrees) and attended in the tradition of such mysteries by lots of suspicious characters.
I may even allow the important halves, who have started to appear on the site, a crucial role in preparing the buffet!
Any way, if you don't want your handle used, then just let me know and if a critical mass is reached then I will get on with my day job.
For those who haven't got a clue what I am talking about, I will post a link (later) to the original nonsense so as you can see the diseased mind you are dealing with.
Anyway, so as to keep the Celtic theme, I would just like to let you know that followin a text from Celtic on Tuesday, my Account has been debited for the CIS final ticket, and I am also going for a jog up to Celtic Park to submit voucher 61 for the Alan Shearer ballot!
Hail Hail
Estadio
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Well done to Timoot for popping his 1st post cherry......
noel.nosourgrapesfromme csc.
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Just realised that I have a close namesake as a fellow blogger in Shamrock DAIRY
To paraphrase our old friend KOJO - pure buttah - only I am assuming in your case Kerrygold.
THE DIARY AND THE DAIRY - must be a play or film script in there somewhere.
Now where did I put my copy of Juno and Paycock?
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Shamrock Diary-
one of us is an imposter.
is it you ?
Shamrock Dairy.
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I think we are starting to get a bit carried away here. While I agree that mordor's valuation has been over-cooked there must have been some justification for it. DM could not simply pull the figure out of thin air. I would think that this figure would be linked to the value of the potential revenue that can be generated from the stadium, i.e. match tickets, blue nosed burgers, concerts etc. Or possibly this could even be the value of a sale of the stadium with the orcs leasing it back from a third party (another DM company no doubt).
This is a valuation quite different from a depreciated 'bricks and mortar' figure which would be much lower.
DM will undoubtedly come up with millions for his new manager this summer, however this valuation - together with the JJB sale example - is nothing more than a short term fix. Over the longer term they will undoubtedly struggle.
Long may it continue.
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stevie67 - thanks for that - we don't have to revalue the company property each year - haven't done for 6 or 7 years. Is there a ruling that says Football (or other business types/sizes need to but wee guys don't?
Are you of the view that with the new reporting system Celtic are fairly OK with a bit of a hit but Ran*ers are stuffed?
TB
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Shamrock DAIRY
now I am getting suspicious!
there is a strong whiff of subterfuge here and it is not coming from Estadio's adventures in Tenerife so I suspect you may the imposter
but and it is a big but, anyone with a shamrock name couldn't possibly be an imposter so perhaps I will take the positive from this and see your posting as a compliment and your desire to be one of the "aul hauns"
Now just remembering last night - was it CQN Widow or Noel's Missus who was going on about needs and desires?
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Do Rangers have any choice in this or is the fact that they're not listed on the FTSE, for example, have any impact on this?
Isn't it just as likely that Murray will have 800 people value Ibrox and go with the highest value as a loophole?
I'm yet to be convinced that Murray's been totally caught out here.
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stevie67 12.51.........
I'm with you re ground valuation ............. if your not playing football in them ...........then, all they are good for is housing..........would you buy 10 acres (or what ever it is) for 100M.....now we are having a laugh.......:-)
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Shamrock-
I think you might be onto something with the "aul' hands" and the impostors.....
PLATO ! ! ! ! !
noel.
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Try this for Naka's 2 assists for japan :-CLICK HERE
The Japanese commentators are superb !! Setanta take note !!
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Surveyorcelt
The valuation is based on DRC and not revenue or alternative use value. The RICS have introduced monitoring of all Surveyors who carry out valuations for regulated purposes so in future any valuations will need to comply with appropriate standards as all Surveyors in this sphere risk having their work 'called in'. THE surveyor decides upon the level of depreciation taking account of physical and functional obsolesence amongst other factors. these are properly established in discussion with the client. The valuation is the value to the company. I think the point here comes down to the level of 'depreciation' applied.
Sorry if this post is rambling using a handheld and memory (its not mine!)about to go!!
hermes
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gerry
That's a fair point on valuation. From memory Hearts had agreed to sell Tynecastle to Cala for £20m before Romanov came in.
Now if a highly desirable site in the centre of Edinburgh is worth £20m how much for a site in Govan or for that matter the east end of Glasgow?
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Hermes
Cheers for the explanantion, much appreciated. I'm an RICS surveyor, however i practise in a totally different line of work.
I think that the crucial comment you make is that the depreciation is "properly established in discussions with the client". I wouldn't trust the information DM puts before me, directly or indirectly. His previous with the media would suggest that he knows a thing or two about massaging the truth.
All the best
Surveyorcelt
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Big Liam 1.26
Thanks for the link to Nakas game - didn't realise it was in Japan - I thought they had played over here in Europe
Anyway the Bosnian goalkeeper looked to be doing an "Artur" on that first goal
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Yes! Another Surveyor!
QS by any chance?
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Surveyorcelt 1.23
I wouldn't underestimate "the mint" on this one.
One part of the empire that does seem to be holding up is the property development division so he does know his way around this or at least he is guaranteed to be surrounded by people who do know what it is all about.
There will be little need for him to overly manipualte as I'm sure the top Surveyors in his organisation are already planning a strategy to minimise the damage
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Otto
I too am a QS
We'll get rid of the mason tag yet!
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noel90
I thought Plato went last night to a cave to find his muse or it might have a been a cove to find his moose -
I had too much to drink last night and by midnight wasn't quite sure what I was posting.
I'll try and remain sober tonight
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stevie 67...thats how i understand the valuation criteria as well.....
it does raise the question of why a 60,000 stadia is expected to cost £39 million to replace whilst a 50,000 stadia 4 miles away in a similiar type of area , is deemed to cost over £100 million to replace....
i guess this comes down to the fact that accounts are only the directors view of the business.
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surveyorcelt
No problem. As you state the mint knows how and who to play.
I'm a GP surveyor - ottokaiser don't get too excited !
Ok signing off for now!
hermes
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I was at the Ireland V Sweden game last night. Really enjoyed seeing Henrik getting a standing ovation when he was substituted.
After the game I met a Scottish guy (raised in Jersey) in Sruffy Murphy's who named his son Larsson Jacob Reid. Hats off to you, I couldn't imagine any woman in Ireland allowing their lad to be Christened such. He even showed me the wee lads hoops top that he'd hoped to get signed. If you see this Gary, take care hombré!
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Hermes/Lovejoysalegend
Hands up from me to being a QS also!
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I'm a BS
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The RICS is full of Tims:-)
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Curly :- I thought such well researched questions deserved answers so I hope this helps :-)
1. Barry Ferguson is 78 yards away from the referee at Ibrox and
Bob Malcolm is 65 yards away. If 'Bazza' can run at 21mph and Bob can
run at 16mph, who will be sticking their vein-bulging forehead into the
hapless whistler's face first, assuming Bob does not stop to stamp
on an opponent on his way.
a) Mr Feguson gets there 0.7122 seconds before Mr Malcolm
2. If one minute of time is taken up in a game for substitutions
and one minute for injuries, how much injury time will be added on by
the referee if Rangers are losing at home?
a)One minute per goal needed, although not legally correct this is a moral decision to allow for the time wasting antics of visiting teams ;-)
3. 'Bazza' is a Scotsman. Express, as a percentage, the number of
internationals he has missed on a Wednesday evening compared to the
miraculous recoveries he made for the following Saturday.
a) No where near enough in my opinion, he is paid to play for Rangers.
4. Glasgow Rangers FC are one of the "giants of world club football".
How many more European Cup Finals have they appeared in than Steaua
Bucharest? (For one extra mark; How many more than Reims?)
a) None at all, but any student of the game will tell you this is due to biased refereeing and a conspiracy against my club winning, being Celtic fans you would never have come across this so wouldn't recognise it ;-)
4a. How many more times have Glasgow Rangers won the European Cup
than Nottingham Forest?
a) see above
5. You are the referee at Tynecastle. How near to a visiting
defender does a tumbling Sorti Kyrgiakos have to be to earn a penalty if he
goes down in the box? (Note: Round your answers down to the nearest
20 yards.)
a) As Mr Kyrgiakos would be the visiting defender this seems more a metaphysical question, therefore I would guess the answer is related to the number of angels that can dance on a pin head.
6. Probability. Express the statistical probability of visitors to
Ibrox being awarded a penalty. Compare this with the probability of
opponents of Glasgow Rangers being awarded a penalty home or away,
and then discuss if a penalty awarded to Glasgow Rangers would be
awarded to their opponents in identical circumstances.
a)0.043 and even then only due to underhand cheating on the visitors part
On Rangers side the probability is close to 1, both due to the number of attacks and the cynical attitudes of opposing defenders
7. Mark "The Hun" lives in Brechin. How much does it cost for him
and his two sons to travel to the Theatre of Silence every other
weekend, including limited edition matchday programme, a few drinks and a
macaroon bar all round? How much could he save per week if he
watched his local team instead?
(Note: Round your answers down to the nearest hundred pounds).
a)I'm sorry to inform you that you need to see an optician urgently, you are colour blind, Mark is actually dressed in green and white and is of the hoops persuasion, otherwise this point is 100% correct, he should indeed support his local team :-)
8. Kyrgiakos is 6ft tall and very strong. How much pressure need be
applied to make him tumble over in the opponents penalty area?
(Note: Answers must be in lbs per square inch.)
a)Mr Kyrgiakos suffers from attitudional vertigo, shame on you for mocking the afflicted
9. What is the total number of chickens counted before they were
hatched by Glasgow Rangers and their supporters who thought
Hibernian were a pushover.
a)I struggled hard to find the data to answer this, but due to draconian measures to combat bird flu this information is now a state secret.
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Timoot - 12.48 & Noel from the "nosourgrapes CSC"
I was only kidding (y'know that ;o) bit...) - making a joke about revaluation, changing the rules to suit your own purposes...y'know like Murray & Ibrox...
Ach, I'll stick to securisation posts in future :o(
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Hermes - does that mean you're wear wellies and a barbour jacket?
Whitedog - building surveyor or the other BS?
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Travelbhoy 1.06, not sure of the financial regulations as to when and how often companies must value their assets, however, my experiaene in this field has been in providing property valuations for businesses for accounting purposes. I've provided the figures they put them in their accounts or annual reports or just a dusty old file somewhere.
Gerry 1.13, If I was going to buy some real estate for residential development I'd start looking in Thorntonhall, Bothwell, Newton Mearns and work my way down. i don't think I'd get so far down the 'property ladder' as to arrive at the site in question. If it ever comes to pass that there was a major residential development opporunity in this part o the city, I'd be advising propexctive devwlopers to seek some additional grant funding to make it stack up!
surveyorcelt, hermes, ottokaiser, lovejoysalegeng; me too GP division. Any of you going to the golf?
I understand from a colleague that at a recent RICS Red Book seminar, a surveyor from a well known firm asked a lot of questinos about the depreciation of football stadia and deprecitation in the context of DRC and asset valuations. Seems the firm had some concerns about the requirements of a client in terms of such valuation practice.
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Stevie
Can't go to the golf as I no longer live in Scotland
Hmmm.....I wonder if that particular surveyor was nervous about a previous valuation?
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My post 2.39, sorry about spelling, I'm a surveyor not a typist.
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EdwardUrsus - "attitudinal vertigo"
:-)
Keep up the good work. Are you sure you're not a Tim in disguise??
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So we can surmise that surveyors of all types are workshy bloggers?
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Estadio 12.53. Your post seems to have been missed in the general flurry of the annual convention of the non masonic chartered surveyors institution.
Anyway, your idea is a good one but hasn't Christopher Brookmyre already stolen it for "One Fine Day in the Middle of the Night"? I know that was set on a disused oil rig rather than a golf course in Fife but would anyone notice the difference?
Anyway, I would go for it.
T
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Correct Martybhoy!
I will be at the evening part of the CQN golf day - unusually for a surveyor I cannae play it.
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Martybhoy
Im on a holiday, cant speak for the rest, but theres a good chance theyre skiving
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ottokaiser I aint no building surveyor
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EdwardUrsus 2:33pm
I would like to thank you from the heart of my bottom for taking the time to answer those questions. Unfortunately I cannot take the credit for compiling them since they were passed to me by a friendly bear in the office. I have taken the liberty of copying your response in an e-mail back to him.
On your answers (my replies in italics) -
1. Barry Ferguson is 78 yards away from the referee at Ibrox and
Bob Malcolm is 65 yards away. If 'Bazza' can run at 21mph and Bob can
run at 16mph, who will be sticking their vein-bulging forehead into the
hapless whistler's face first, assuming Bob does not stop to stamp
on an opponent on his way.
a) Mr Feguson gets there 0.7122 seconds before Mr Malcolm
Take it this must be before his operation next week to cure his injury - the operation that shall take place after your team's last meaningful match of the year?
2. If one minute of time is taken up in a game for substitutions
and one minute for injuries, how much injury time will be added on by
the referee if Rangers are losing at home?
a)One minute per goal needed, although not legally correct this is a moral decision to allow for the time wasting antics of visiting teams ;-)
From memory, we didn't waste any time sticking one past you on our last visit to your £100 million (+) stadium
3. 'Bazza' is a Scotsman. Express, as a percentage, the number of
internationals he has missed on a Wednesday evening compared to the
miraculous recoveries he made for the following Saturday.
a) No where near enough in my opinion, he is paid to play for Rangers.
Think you may get some support on here for that stance - ref JFK
4. Glasgow Rangers FC are one of the "giants of world club football".
How many more European Cup Finals have they appeared in than Steaua
Bucharest? (For one extra mark; How many more than Reims?)
a) None at all, but any student of the game will tell you this is due to biased refereeing and a conspiracy against my club winning, being Celtic fans you would never have come across this so wouldn't recognise it ;-)
Don't know why put down Steaua, after all they are Romanian just like that winker that crocked JFK. Quite correct, davy syme, hugh dallas, et al were not biased in any way, shape or manner, were they? *¬))
4a. How many more times have Glasgow Rangers won the European Cup
than Nottingham Forest?
a) see above
Did you know that we have won the big cup?
5. You are the referee at Tynecastle. How near to a visiting
defender does a tumbling Soti Kyrgiakos have to be to earn a penalty if he
goes down in the box? (Note: Round your answers down to the nearest
20 yards.)
a) As Mr Kyrgiakos would be the visiting defender this seems more a metaphysical question, therefore I would guess the answer is related to the number of angels that can dance on a pin head.
OK, so the "visiting" was a mental aberation, but the correct answer was "within sight of Andy Davis"
6. Probability. Express the statistical probability of visitors to
Ibrox being awarded a penalty. Compare this with the probability of
opponents of Glasgow Rangers being awarded a penalty home or away,
and then discuss if a penalty awarded to Glasgow Rangers would be
awarded to their opponents in identical circumstances.
a)0.043 and even then only due to underhand cheating on the visitors part
On Rangers side the probability is close to 1, both due to the number of attacks and the cynical attitudes of opposing defenders
Agree with the numbers, but methinks you have the arguments mixed up? *¬))
7. Mark "The Hun" lives in Brechin. How much does it cost for him
and his two sons to travel to the Theatre of Silence every other
weekend, including limited edition matchday programme, a few drinks and a
macaroon bar all round? How much could he save per week if he
watched his local team instead?
(Note: Round your answers down to the nearest hundred pounds).
a)I'm sorry to inform you that you need to see an optician urgently, you are colour blind, Mark is actually dressed in green and white and is of the hoops persuasion, otherwise this point is 100% correct, he should indeed support his local team :-)
Afraid you are way off the mark here Eddie Baby, the clue is in the guys name - Mark "The Hun". Time for a rethink there
8. Kyrgiakos is 6ft tall and very strong. How much pressure need be
applied to make him tumble over in the opponents penalty area?
(Note: Answers must be in lbs per square inch.)
a)Mr Kyrgiakos suffers from attitudional vertigo, shame on you for mocking the afflicted
I will have you know that I have never mocked a gers fan i my life (why is my nose getting bigger?)
9. What is the total number of chickens counted before they were
hatched by Glasgow Rangers and their supporters who thought
Hibernian were a pushover.
a)I struggled hard to find the data to answer this, but due to draconian measures to combat bird flu this information is now a state secret.
This is of course the result of an establishment conspiracy designed to prevent your mob from looking bad at anything from fitba to creative accounting. Never mind, in 50 years under Freedom of Information Act . . . .
Curly
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Doirbhoy, clubs have a responsibility to ensure that their financial statements are accurate and in line with guidelines every year.
Jocky bhoy, Rangers didn’t cook the books, what they done was legitimate, but has introduced a potential vulnerability. If the asset (stadium) valuation falls, and there is significant scope, there will be consequences.
Shammy, we can compare Ibrox to Celtic Park, valuation £37m. DM has every right to value at what he did based on the rules three years ago. These new guidelines introduce another potential problem.
St Gris, Ibrox was surveyed properly. The valuation was conducted on then current guidelines.
Shamrock Diary, if a football stadium is valued at £50 less as a result of the new guidelines, the club would lose this from the balance sheet at its next reporting date.
This could cause insolvency at some clubs.
TravelBhoy, Celtic and Rangers have taken very little depreciation charges on their stadiums. Celtic do own land around the ground.
Peat Blog, Rangers will not fail financially, there is a clear trading route out of their problems, though this will not be without pain.
Count me in Estadio.
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I think I'm going to become a surveyor.
I hope to be at the golf day...when is it again?
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I work in advertising where everybody is workshy.......or pretending to work by phoning their mates...i do both....
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Martybhoy
In true surveyor style 'When do you want it to be?'
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Martybhoy
Ach, its a great occupation until a subbie or labour only, comes along, only threatening to burn your house down, just because you dare to question their measurements.
Other than that we're whistling dixie the rest of the time
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Paul
The new standards (and therefore valutions) do not apply to AIM (and presumably OFEX) companies until accounting periods starting after January 2007. Both Celtic and Rangers therefore will not have to comply (unless they do so voluntarily) until they are reporting for the year ending summer 2008.
If the company was to be taken private (a la Man U and now Hearts) there is no timetable for compliance and so far will not have to comply at all.
De-listing or sale avoids the problem, but where will the wheel of fortune stop?
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This place is toooooo slow this afternoon..........
we need some GOALS !
noel.
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Noel, I believe the pace is fine for surveyors - maybe even a bit quick.
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Scotcelt-
I was just looking for any excuse to stick that video on........
:P
noel.
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lovejoy - you need to get in on the client side of things. Beats being stuck in a porta-cabin in a muddy field in winter.
I'm away back to ma hammock now.
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Jees
I stay off CQN for a couple of hours and suddenly it's populated by surveyors.
As I'm one, it's heartening to see so many Tic supporting surveyors out there.
When I started out years ago I was the token tim in the office.
Changed days.
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Does anybody think this lad
might make a player......?
noel.
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Otto
Found the private side of things very monotonous, thankfully Im not site based, but people tend to find out what office your based in.
Scotcelt
Surveyors can pick up the pace, I can live in the fast lane, i used to have a Lada Samara you know:-)
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Noel……………………………….....
Cheers for brightening up my afternoon……………………
joethehuge
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there is a plot of land for sale on springfield road suitable for 60(I think) flats and I'm fairly certain it was £900K.
So no where near the £120M. Tho' is that place not a listed building? (It probably makes a few lists).
Hail Hail
Phob
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big joe-
you are welcome- More Riquelme
noel.whothinksbigjoeshouldbecheeredupbeforehegoes
backtofrighteningkidnappers.
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Estadio,
I was just thinking the other day of a man with great vision….
Brooks Mileson? (Dunno if that’s how you spell it.)
Anyways, my thoughts were “how many couples have tied the knot at that old romantic venue for elopers over the years and how large would the diaspora be today?”
I mean there must be thousands of couples watching the Gretna Cup run thinking to themselves – “We feel part of this, lets go to the final if they get there and cheer them on.”
Next thing you know they are getting in touch with the club to enquire about season ticket prices…
(It’s okay folks – my carer is coming to pick me up in half an hour!)
Shamrock Diary,
Apologies for mistaking you with the infamous JW, who phones all the radio stations and CTV.
JW,
If you do come on here – You are a mini legend in my house for keeping all those misinformed hacks right. Keep up the good work.
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Estadio,
You are spoiled for choice if you want to have a Quantity Surveyor in your tale. How about the competition and intrigue between them as they vie to get their new state of the art stand built at CP.
As for me if you can find a role for an Alsation in a Celtic top....
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Paul-
Can we start up a fund to buy Riquelme for Celtic ?
Here is my Tenner to get the ball rolling ..........
:P
noel.
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Noel, I don't know if Riquelme would come to Celtic as he might get a bit fed up being on the bench each week. Although I suppose he would be useful cover for Lennon in case he ever picks up an injury.
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Whitedoghunch
What's your sexuality got to do with surveying? ;-)
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My understanding of estimates worth of buildings etc (from some course I was one) was that it's entirely legitimate to self estimate as Murray did, but there was a requirement for this to be done by an independent surveyor every 6(I think) years.
I think what Murray was hoping would happen was that by the time a full independent survey was required the value of lands etc would at or near his previous estimates, thus the potential damage to the accounts would be diminished.
Do RFC not own a huge car park just up the street as well, or has that gone now?
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I know all about subbies and that malarky, Prophetofdoombhoy tells me all about how he hasn't paid his in the pub on a Friday, just before one of them chases him!!!
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If Ranger's are to re-evaluate their assets will this not have an effect on borrowing. I always thought to get a bank loan a business had to have a certain % of their balance sheet as assets... will decreasing this not make the banks consider calling in the loans?
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Malone19...here's hoping!
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Estadio,pardon my rudeness,but Grandpas do not "jog" anywhere.
Enjoy picking up your ticket,but please have a stroll and less of the jog rubbish.
Will have to get you Noel's electric buggy transport if you continue on with this rubbish.
On the subject of old contributors to this site.
And I do not mean the age of said contributors.
Kiwi Mick, welcome to our site here(sorry Paul,of course I meant your site).
If you do not mind Mick,I will take the liberty of posting something you wrote after Seville.
I should think that anyone who viewed the game would struggle to disagree.
Hope you don't mind me quoting you my freind,but I feel it is worth showing where you come from.
"........as the Porto fans celebrated, they were drowned out by a chorus of 'You'll Never Walk Alone' the like of which had not been heard in Spain, or Parkhead. It was a spine-tingling, lump-in-throat tear-evoking moment, and the Portuguese supporters were struck dumb at this display of loyalty by the Celtic supporters. As the anthem reached a crescendo, the Porto fans burst into spontaneous applause in recognition of the loyalty and passion of the Celtic fans, and the love for club and football which they share. For a few seconds, it was the Beautiful Game again. More importantly, the fans inside and outside the stadium had made a point to those who would turn soccer into a corporate conglomerate enjoyed only by the rich and the freeloaders. 'This is our game' they were saying. 'This is the People's Game and it will always be ours. We're the people who count, and no-one must ever forget that'. Overwhelmingly, it was the Celtic support in Seville who reclaimed the game for the people........"
*Wipes tear*...Trophies, who needs 'em?
Kiwi Mick,you are a true Tim,and one who is hard to replicate,apart from your propensity to accountancy,which shall be dealt with later.
I have read your wee inputs for many a year,and you, my friend deserve nothing short of a medal.
Don't know if you have been going since the halycon days of the internet csc days,but it certainly seems like it.
Long may you continue to call it as you see it.
Cos this is what is required.
Have you only discovered this site?
or have you only recently been willing to match it up publicly with E-tims?
Please,continue to contribute,as we coulddo with a few more of your "ilk"
Hail
Kano
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