It’s still difficult to differentiate news which sounds important with information that is important. Rangers doing a deal to retain their (underperforming) players for their remaining meaningless leagues games was news, but not important information.
Administrators amended their contracts to include release clauses. This means that although top players have taken a hit on their wage packet, they will at least earn something, whereas redundancy would have left them without pay until the summer. Their agents are also able to line up deals for them with other clubs.
In other unimportant news, Steven Davis and Neil Alexander both put their homes on the market yesterday.
The important information came from Ticketus, who own what will be the vast majority of season tickets for the next three seasons, and have partnered with Paul Murray and various supporters’ organisations to bid for Rangers. Ticketus will not be top of Murray’s list of partner organisations but he will realise the club is in their control.
The consortium’s stated aim is to emerge from administration via a CVA, which I still regard as absolute fantasy. As Phil Mac Giolla Bhain reminded me with his article from January, HMRC already rejected an offer of £10m to settle from Craig Whyte, notions that they would be prepared to accept less now is hilarious.
Rangers will liquidate. Duff and Phelps plan to sell their league membership share to a new company leaves Ticketus ownership of the tickets in place. Plans to sell the league membership to a consortium headed by the company that enabled Craig Whyte to work his magic, and a director from the old improper-contracts regime are, literally, incredible.
We must remain resolute and do everything in our power to escape from this sorry messy of a league.
CQN Magazine issue 6 has sold out, many thanks for all your support.
268 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- »
raymac
typical of an Irish bar abroad..
Celtic game not listed as showing tomorrow..
St Mirren equalise 2-2. FT.
F C D
I thot and still do think that MoN should taken Hartson off and put Beattie on that fateful day at Motherwell. B J was on his knees!!
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 10 March, 2012 at 14:14 said:
Bsr
Huns played 3 Irish players before WWII
————
got any links to who these guys were ?
Kitalba
Yes, Robert Duvall (Gordon McLeod) had it in for Ally (Jackie McQuillan) for the way Ally treated Ally’s ex-wife/Robert’s daughter, not for being a Tim.
Ally being Ally…art imitating life ?
“Justice for the Knockies”.
TVBB
How can we take up_over_goal’s link about Marcelo Bielsa seriously?
In the list of candidates to replace Guardiola, Walter Smith’s name is not mentioned once.
Up_over – no chance of a career in the Scottish Sports Media I’m afraid.
Hail Hail / LOL
Raymac
The Mbassy as Blantyre tim says is good for Celtic fans and the CSC there are usually there in force.
If the game is son Sky they’ll show it.
Failing that go to Nic Nowego which is not too far away. They show Celtic games as well.
http://www.nicnowego.com/
There is the Irish Arms as well but they don’t open until late.
The Mbassy is full every weekend with expats and Uk and Ireland visitors.
Nic Nowego is usually much quieter.
Both have incredibly beautiful barmaids who all speak English, tell gullible punters that they are single and would like to meet with you later. Later turns into too many pints and you forget all about it while you’ve parted with 400-500 zloty.
Take it from a man who knows. I’ve seen it many a time. So long as you keep spending money, they’ll smile sweetly but then again I love the MBassy as I saw us win the title there on Tommy Burns Thursday.
Take it easy with the Zywiec (nice beer to start with, later you’ll feel like death).
Enjoy Krakow.
Hail Hail
blantyre tim, as far as I know that is still their policy.
I spoke to a Spanish journalist on holiday in 2002 who told me they adhered to it strictly. It is incredible.
BRTH, I certainly will be looking out for them more now, their all round play was just fantastic, taking the ball in tight spaces, shifting the ball around brilliantly, short passes, triangles, perpetual motion, it was a geometry lesson !!
TJ
Chairbhoy
Unless someone spills I don’t think we will ever know who is behind the Ticketus investment. No doubt the next figurehead will be the cleanest of the clean. All very dignified. However the money will be filthy dirty & clouded in mystery. They are desperate to do a CVA to preserve their tainted history. Surely HMRC wont deal but TBH I wouldn’t be surprised by anything at this stage.
I only hope Celtic are watching carefully and maybe have an escape route already lined up. As what we are watching just now in regards to Rangers, The SFA, Media & the gang of ten is IMO the biggest con trick in history.
Tommy Joad
Fascinating stuff – many thanks. Love those wee anecdotes that give you an insight into a person’s character. Partitioning the ground with tape? I’ve had similar thoughts myself about Ibrox, but for non-footballing reasons…
athletic bilbao fans and celtic supporters
have a good history between them
http://www.philmacgiollabhain.ie/rangers-still-have-to-walk-the-green-mile/#more-2245
Article from Phil. a bit of realism
HH
Mike
The Van Beuren Bhoy:
Got to admit I missed the start. Pity about the penalty miss at the end. Had he scored the huns were toast.
Lads maybe the ticketus guarantee when they loaned whyte the cash was for him to liquidate them and them to take over.
Maybe I’m just confused who knows.
ellbhoy
As far as I know there isn’t one specific investor in Ticketus. They are owned by an investment company called Octopus who invest investors funds in a variety of schemes, one of which is Ticketus.
The idea is you give your money to Octopus and they give you a return each year on your investments. Your money is split and goes into a variety of schemes.
Mort
Snake
it is the pub I was in behind the catherdral …
I agree 100% re Zywiec.. best to stick to vodka.. no mixer…. o))
Tommy J
cheers…
St. Stivs
http://en.m.wikipedia.org/wiki/Alex_Stevenson
HH
What time is the kick off tomorrow please?
1.15 Phil
Re Krakow,
I think all Polish lagers are lovely and crisp, Lech, Zyweic and Tyskie, but all qualify as wreck the hoose juice, about 6%. Mental.
Love that city though, main square is superb.
TJ
Strictly speaking, that depends on what you mean by ‘Irish’, but I’ll take it you mean players from the Irish Free State (Republic of Ireland). Only four players from the Republic of Ireland have been on the books of Rangers: Alex Stevenson (who would later go on to manage the Irish national side), Alex Craig, James Lowry McAuley, and Reuben Evans, although the latter never played for the first team. As for players from Northern Ireland, the list is far too long for me to mention!
Once, when, financially, I was doing well, I put a few quid into a VCT (Venture Capitalist Trust) for the tax relief.
I now get loads of mail soliciting more investment from me in VCTs. I
I’m pretty sure I received some from Octopus.
They must have been off their heads, putting small investors’ money in Rangers.
Athletic Bilbao article referred to by BRTH is in this issue:
http://en.calameo.com/read/00090105219351418ab17
This will get your toes tapping as well:
http://www.youtube.com/watch?v=4xxIvjBWB2s
Guapa Leones!!
Mort
So what your saying is an individual investing in Octopus would have no control to where their money is directed?
Was Octopus not something to do with one of the current Admin team?
jmccormick on 10 March, 2012 at 12:23 said:
a podium for my birthday?
……..
You need to be quick to beat Coorslad, oh and happy birthday!
V
Ellbhoy
Yeah, once you give them your money, you have no control on what they do with it but overall they are quite successful for investors.
Don’t know about the second part.
Mort
Ellboy – I am Neil Lennon, YNWA. on 10 March, 2012 at 14:45 said:
Thing is, IF they are all interconnected in some way (and it’s not beyond the realms of possibility) then surely D&P would have had to declare any interests (or conflicts of interest) at the time of their appointment? I know we’re dealing with some shady people here but these two are part of a bigger, respected company and surely the stakes would be just too high?
Celtic U19s 4-1 Kilmarnock U19s: Goals from Filip and Patrik Twardzik, Liam Gormley and Callum McGregor earn win for young Celts
Brilliant news in the U19s league – table toppers Hearts lose 3-1 meaning it’s all in Celtic’s hands now
Paul,
Although like others I will have a good laugh should it happen, in the longer term, I hope that liquidation does not take place.
Liquidation will only give the cosmetic shield of a newco to those, including DD and PL who might like to sweep some of the present morass, and the embarrassments it entails, under their carpets.
BT
Thanks!
I am still at the office and am trying to work out how early I need to get in tomorrow to make a dent in the workload.
:0(
It is a strange place football to put clients money as Octopus have done, football is known to be a money pit ask the many millionaires have seen millions pour away in there football dream. However, before ticketus put a single penny into Rangers they must have had some security currently the problem is no one but ticket us and Craig Whyte know what the security is.There is much more to come out of this and anybody who thinks Rangers are even near to being out of the mire is deluded.H.H.
RE Phil’s article:
I have a pal who used to work for Brian Kennedy on the business side at Sale Sharks. When I mentioned the idea of Brian Kennedy buying Rangers his comment was ” Well if he buys it then I hope the Rangers fans don’t expect much by way of investment! He doesn’t do big on investment!”
I think Kennedy’s interest will wain, but if he does buy I think you will see some for of Rugby at Ibrox as well as football, and I don’t know how well that will go down in Govan.
———————————————————————————————————–
It is Athletic Bilbao, and they had a number of famous English managers one of whom managed them wearing a bowler hat! There is some story or other, which I forget at the moment, which meant that he had to order 20 or so at a time. I think his name was Fred Pentland.
Anyway, very interesting club!
Billy Dodds on shortbread, “it’s been a good week for Rangers”
Comic gold, looking forward to his “column” in the Herald tomorrow,
lovely wee bloke.
The only ‘news’ in the ticketus consortium as I said this morning is that Rangers friendly media are back to their default position: pulling the wool over the eyes of the ‘Loyal’ Followers (note: very few leaders among them).
Please nobody tip them off.
The same morons as before running Ranjurs suits me just fine.
The IMPORTANT stuff is probably no longer them uns demise the other 10’s response to it.
I can’t imagine Dermot D and Pete L are sitting on their hands but the Celtic support will not be found wanting in demanding fair treatment for ALL clubs – including of course, our own.
We have our backs to the wall. The Celt in us is at his and her best when that’s the case……..
Just got the bhoy a League Cup Final ticket from the batch returned by Killie, delighted.
Great article Paul; It sure does put the optimism aired on Shortbread into perspective.
I would also like it to be known that the money I pledged to them I’m not paying. Much in the same way as they don’t seem to pay for anything.
I think the ROI came into being in 1949 so technically the statement is true in that the Huns have never had a player who was born in the Republic
sparkleghirl
I would have to agree with that but the way this has been dealt with thus far. The admin certainly hasn’t been working to clearing the clubs creditors. ????
For D & P or some their representatives to have also been involved from the initial takeover along with Octopus. Well suffice to say something foul is smelling here