King’s statement, what it told you and what it didn’t

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Loved Dave King’s statement, absolutely loved it, as Kevin Keegan would say. On the positive side for Newco fans, “Rangers” beat Celtic 2-1 on the mention count. Well done, Dave, excellent result.

In short, Our New Hero confirmed five points:

 

The manager he appointed in 2015, Mark Warburton, was an improvement on Ally – I’ll tell the fans anything for money – McCoist, but he was not good enough when up against top-flight clubs.

He didn’t get a resignation from Warburton and his management team. There are now two club statements out there earnestly trying to convince you otherwise, but both are clear on the subject – there was no resignation.

They have burned £18m in less than two years to get into this mess.

“Our realistic expectation [for this season] was to come second”.

There will be jam tomorrow.

 

Warburton and his management team were sacked in the most dignified manner conceivable: informed by a journalist who read they were out of a job on the club web site.

Let the sacking sink in for a moment. Management were informed they were sacked by a journo who read an article on a web site! Years from now no one will believe such a thing could happen.

Who behaves like this? Sacking someone is never pleasant, but if you don’t have the cahonas to do the job in person, get out of the employer business. You have to wonder where their moral compass is.

The club appear to have acted after it became clear Warburton & Co. were not getting the Nottingham Forest gig and there would be no chance of a compensation payment heading to Glasgow. Forest didn’t buy the soiled merchandise, there’s no resignation letter nor even a meeting where a verbal resignation could have taken place. Not a concern if they don’t remain in business long enough for the legal process to run its course, though.

I’m pleased King made the financial facts clear: this is what overinvestment looks like at Ibrox. £18m shovelled into the furnace already, and there’s a good chance pushing that figure up to £30m will not be enough (according to King).

What “enough” is, is the question.

Their realistic expectation was to come second! Less of this “Going for 55” nonsense, please, you’re “Going for second place”, we all know it. There is no shame in this, the cold fact is that Celtic are out of reach.

Going for second place is a high watermark from now on. Pushing the £18m up to £30m or more will do nothing more than make the battle with Aberdeen and Hearts more interesting.

This season alone Celtic will earn £50m more than any other Scottish club. £30m, £50m, £70m over three or more years will still not bridge the gap at the top.

Then, when the last of these loans are made, the unpleasant business of reigning costs back to breakeven point will take place. What you didn’t read in King’s statement was any awareness that football clubs have to pay the piper. Financial responsibility is a foreign language.

Given his past football directorship, you’d think……..

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  1. What is the Stars on

    Willie Wallace

     

     

    Meanwhile enjoy watching this Celtic team, they’re very good.

     

     

    High praise indeed…..NO further comment needed

  2. The Spirit of Arthur Lee on

    HT

     

    On the move again mucker . you have had mare houses than a monopoly board

     

     

    Take care and mind update your postcode lottery details

     

     

    LOve

  3. Angel G

     

     

    Hola my friend. No different from the vast majority on here and your good self.

     

     

    SOAL

     

     

    It definitely won’t be ML2! X

  4. Macjay ( my answer in brackets)

     

     

    Speak for yourself by all means.

     

    (I do mate.)

     

     

     

     It is , however , naive in the extreme to make assumptions about my immigrant status.

     

    (Not talkin bout the form filling exercise.I mean in the sense of you, a born and bred glasgow bhoy lookin to better yourself((and yours) with a new life in Oz ) hope it worked btw.;-)

     

     

     I discuss issues. You discuss me.

     

     

    (Lol.imy post is aimed at the typer.well may as well introduce a 3rd party and take it a step up from duality trip your on :-)

     

    Refer to top paragraph and be proud of migrant heritage, being a first generation Scot I am lol)

     

     

     It will be interesting to see how your personal insults will be viewed by the moderators.  

     

     

    (The moderator may, like me, see comment from one migrant bout another as just a contrast,not meant to upset you and if it has put a blouse on ya big girl ;-)

     

     

    In the meantime , boak ( sic ) away.

     

    Only if you keep postin

     

     

    HH

  5. SOAL

     

     

    Mare houses?

     

     

    A spelling mistake, a colloquialism or a recognition of your links to the farming community?! X

  6. VFR800 is now a Monster 821 on

    WILLIE WALLACE, great insightful post.

     

     

    Fully agree about wee Jamesie; he needs to look at a recording of the Atletico game to see how wee Jinky was abused and how he went back in every time for more.

     

     

    I was privileged to see you play for a good number of years and always enjoyed your (often under-rated) performances. Back in the days when, IMHO, the mibbery was worse than it is now. the big difference is that there are more cameras covering it so it’s more evident. Wharton and Davidson could teach the current lot a thing or 2!

     

     

     

    KTF

  7. Gents,

     

     

    Have enjoyed the civil debate this morning .

     

     

    Off to the boozers.

     

     

    Canamalar, your excellent post deserves a more eloquent response than I have the time to give. I agree with some of what you say but not all. ( You’ll not be surprised to hear that )

     

     

    BT , cheers . Look forward to it.

     

     

    HH. To the best supporters in the land.

  8. Interesting to read Mr Wallace’s comments on wee Jamesie. This year Brendan has more often chosen him ahead of Roberts on the wide right berth.

  9. Celtic is and should always be a club open to all.

     

    If however one wishes to indulge in homophobia, racism, fascism, sectarianism, etc while part of our Celtic community then one should expect to be challenged on their attitude and behaviour, by the larger majority of our community.

     

    MWD’s character would hardly be accepted unchallenged by our community.

     

    We as a community have always, imo, self policed.

     

     

    That one set of political values is better than another is another totally different debate, as is one’s financial status, and one not befitting of our community as a whole. To blindly denigrate one’s love of Celtic simply based on their current social or financial status is utterly preposterous and wrong. Definitely not Walfridian.

     

    I also, firmly believe that those who abuse our club and community’s open to all ethos, to further their own narrow, political agenda betray the spirit of Walfrid.

     

     

    Why we are even contemplating this at a time when our football club/ team are on such a magnificent vein of form and fortune is puzzling.

     

    It is a grand time to be a Tim, whatever political persuasion, sexual orientation, race, colour or creed.

     

    Enjoy it.

     

     

    Eurochamps 67

  10. Oldtim

     

    How devil are you ? ( taking the meds i hope )

     

    I told you the last time we spoke about how much you are reveered by the CQN family. Well people keeping your posts from years ago, show how you touch the hearts and memories of your fellow posters :) i know how much you scrutinise your posts before hitting the send button …..Remember when i was with you , you asked me to check your grammar, punctuation and spelling haha …me check your erudite , articulate musings jeez ah nearly pissed myself !! Sorry i digress …..

     

     

    No unfortunately i’m not going on two accounts one being i could’nt afford it , i know that might sound alien to a lot of folk on here but thats the reality some of us have to deal with .

     

     

    The other well its of a personal issue .

     

     

    You keep posting btw .

     

    Ps ….i’m going to try and get a game of golf with philbhoy in the next 6-8 weeks ,hopefully we can pop in for a beer or two .

     

    Keep your chin up aul yin xxx.

     

     

    Catchye …

  11. EUROCHAMPS67 on 13TH FEBRUARY 2017 12:33 PM

     

     

    Good post. Unfortunately, even at a time of enormous success at Celtic Park, you will still get people looking to drive a wedge between the support and those running the Club. Its all very sad and best avoided.

  12. More power to the PR guru’s elbow; he’s feeding on the Ibrox carrion and succeeding in the almost impossible task of making Sevco even more ridiculous than their predecessor.

     

     

    GorgeyourselfJabbaCSC

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