Robbed of the ability to accept credit cards, or roll-over Standing Order fans’ payments, by all accounts season ticket renewals at Newco Rangers has been considerably less than those of fellow lower league club Hearts.
Notwithstanding all of this, the Ibrox club’s remarkable PR people this morning published an article titled “Season ticket waiting list”! Waiting list!! Every word is priceless.
I’ve long maintained that anyone looking for a strategy in any of this was misguided but one thing you can be sure of, the lawyers will be giving advice on when to flush the club down the lavvy (ven.).
Newco have banked season ticket cash from a few thousand people, giving them a liability to stage football games until May next year. If they are unable to stage those games, they cannot spend, or continue to accept, that money. None of this was relevant before deadline day, but the extended deadline passed yesterday, so the club now have their primary indicator of how much income they will receive this financial year.
If the board believe they do not have enough income to finish the season, they must stop spending – and accepting – season ticket money, and ask the court to appoint an administrator. Despite the apparent inevitability of this, the board can roll the dice for a while yet.
They can reasonably claim to have an expectation thousands of more tickets will go before the season starts, or that the club can embark on another share issue, but in the meantime, they must continue to pay wages and other costs. Cash is king when you don’t have bank support and hundreds of staff will continue to earn wages over the summer months.
Wages and other costs will need to be met for May, June and July, before Newco’s biggest vat bill of the year becomes payable in the first week in August. Ticket sales would need to pick up incredibly in the coming weeks to see them through this.
I don’t expect administration this week. The club has cash in the bank, has a theoretical chance of turning things around and, as far as we know, is meeting all liabilities when due. The more likely time administrators would be required is when creditors cannot be paid on time.
There’s an interesting media angle on all of this. Graham Wallace is a hired professional, there to deliver a future for a football club in distress, no more and no less. Sections of the media compliant with ‘the rebels’ (cough) are now telling readers he has made several sackable offences.
It suits King & co if anyone with a modicum of competence to leaves the premises. This campaign is brutal, but remember, don’t go looking for a coherent strategy, there isn’t one.
Speaking to season ticket renewals
Saturday’s magnificent Scottish Cup Final had a fitting home at Celtic Park but the Celtic show only rolls on if you, me and tens of thousands of our close friends want Celtic succeed as much as Newco’s fans want their club to fail, by buying our season ticket.
The most important ticket deadline in football is THIS FRIDAY, 23rd May. Be there, or be less shamrock shaped. When it comes to supporters, faithfulness trumps loyalty any day.
After watching St Johnstone win the Scottish Cup, in what was a genuinely thrilling final on Saturday, you could not come to any other conclusion that this was a fantastic season for Scottish football. Celtic were irresistible in the league, Aberdeen and Dundee United resurged, Motherwell were again Best of the Rest, which is not quit the league title it could be, but still an achievement. I’m loving the game this way.
Congratulations to Atletico Madrid for achieving what seemed impossible only a few months ago. Congratulations also to Barcelona fans, who applauded the league winners in recognition of that achievement. There are some good guys in the game.
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GlassTwoThirdsFull
I believe he is hovering around in periphery and will return in some capacity when the time is right. The media love him so every now and again they will mention him so he does not go completely off the public radar.
We should not forget he was instrumental in selling the season books every bit as much as his sleekit protégé sally
Smith never walked away although technically he did after the gullible parted with their cash but the media spinned he quit for altruistic reasons which was bullcrap of course.
So far Smith has come out clean in all this but he was a recipient of an EBT and while HMRC are still on this case a clear away ahead for him is not guaranteed
I expect he will continue to dab his big toe in the mix from time to time just to let us know the gullible has not gone away
The Myth hung around long enough to be in the Penny a Share Club,these gullible halfwits can’t see it……….
weeminger
16:27 on
19 May, 2014
Yes they are unshackling themselves from the present cart but the old cart once driven by Smith is still very much to their liking
I believe they have aspirations of a King/Smith “dream team” and the huge amount of copy these 2 characters will sell
ger57
17:34 on
19 May, 2014
Monaghan 1900
Surely if Colin Kingsnorth had any sensitivity he would have called his investment vehicle “Eastern Star”?
Indeed. I’m beginning to think they’re right though. Someone is now ripping the Lillian Gish right out of them.
HH
Bada
You might get done for slandering half wits
Parkheadcumsalford
Not sure of the absolute whereabouts of the Barber’s shop but assumed it would be opposite the original park which would place it between London Road and Tollcross I would have thought.
I am not familiar with the name Rinns but can go and look it up.
Thanks
Has the Celtic Way been vandalized? Read a bit abt in the paper this morning.
Seeing all those comments on FF, courtesy of Monaghan 1900, from the apoplectic berrz makes me think back to those days when those self same berrz were waving £10 notes in their buses as they were passing us.
Don’t ya just love it?
KarmaCSC
Just back from US Post Office in Longboat Key, FL ..and as usual some banter with those in front of and behind the counter.
Guy behind me in thick German accent, upon finding out I am Scottish, tells me that his wife is author of Scottish “Historical novels” (his words) and he is posting some off to internet buyers. She is Sue-Ellen Welfonder on this site http://welfonder.com/
Content warning for those of a nervous disposition though…
Titles on main page of site are…
“Seduction of a Highland Warrior”
“Sins of a Highland Devil”
“Temptation of a Highland Scoundrel”
All book cover images are renditions of a muscly males with long flowing ‘Sammi like locks’ & androgynous features while sporting a tartan sash across otherwise naked upper torsos.
Fact – Sammi has been moonlighting in areas other than singing and shampoo ads.
HH
Talking about poor Sevco
Was thinking back to those bygone days of yore
What happened to the Blue Knights . Paul Murray & Brian Kennedy.
What happened to US businessman Bill Miller
Where is billionaire tycoon Jim McColl these days
Is former chairman Malcolm Murray still standing
Where is Charles Green ( big handed Yorkshire man ) these days
Where is the great Waldo Cardigan when you need him
Where is John Greig when you need him
Blue knights ??? much preferred the Barron knights they were a great tribute band in the grand old days of yore
Never see much in the MSM about these great sevco men these days. mmmmm
Do I care . just keep on laughing. The story that keeps on giving
“Sue Ellen – You’re nothing but a drunk, a tramp n unfit mother.”
Dallas CSC
Good result for the Celtic FC Charity Foundation with the sale of the badges on Trophy day.
£16,000 raised for the homeless in Glasgow.
Real Madrid have won the European Cup /Champions League a record nine times.
Yet supporters of the old dead club claimed that their club was the most successful club on the planet.
Going by that logic then,and now the old club is dead… Linfield FC are now the most successful football club in the world.
I have never in my heard a Linfield claim that they are the most successful club in the world.
Bizarre logic indeed, it is impossible to reason with such nonsense.
Sad,deluded lunatics.
Scudamore off the hook. Just goes to show how popular you are if you make loadsamoney for folk…..
Prime Minister David Cameron says a member of his cabinet would not survive had they admitted to sending sexist emails like Richard Scudamore.
Em, maybe not. But is there any chance they would admit it?
Good evening all
BRTH & DBBIA
I take it, due to your dislike of eggs, I can cross you off the visitors list to visit the ole poultry ferm. :-))))))
Weefra HH praying to Wee Oscar.
Monaghan1900
Class.always a new menu for them to eat themselves.:-))
TheOriginalSadiesBhoy
You cannae have me divulging how young i am(cough)and then not say what you were thinking?
Well you can but it would be nice to hear why you think my age would matter about not bearing a grudge towards AM and instead directing it at the man who sent his players out that game with a specific game plan?
I think you probably mean that if i had been old enough, saw and understood exactly what had went on in THAT game then i may have held a grudge as well and perhaps i would.
Anyway it would still be interesting to hear what you WERE thinking?
Jim Duffy new Morton manager.
BRTH
Huge well done to all concerned – fabulous fundraising.
Burning question (apologies if answered here or elsewhere)
How do those Tims serving in foreign fields get/buy a badge or three?
HH
The Scudamore email trainwreck is very similar to the Dallasgate email saga.
Both subscribed to an equality protocol that they privately laughed at and despised.
They got found out cos their hubris overtook their integrity.
Both undermined confidence in the impartiality of their organization from those who have to trust the judgment of this bodies.
Cover up CSC
Rinns the Barbers Dalmarnock Road ,Taylor Bros, and im sure there was a Doctors Surgery.there to ,plenty of shops and boozers and the famous Pawn Shop in Playfair street, im glad I seen all of that growing up in Mordaunt street ,and the Oronge Order had a hall there to.
rwe @ 18:01
Sporran rippers?
Our weather is simply depressing. We seem to be getting wetter and wetter by the week. I blame it on all those Yes men.
My season ticket (& 2 bhoys) automatically renewed – roll on another un rangers season!
Parkheadcumsalford
18:27 on 19 May, 2014
Climate change, innit.
The world’s turning, and we’re not learning.
http://www.youtube.com/watch?v=onM8qVZT0bk
Embdae any good contacts for golf in Albufeira? Ta in advance.
In the shop and noticed a headline in front of the Daily Mail – “Can the dead send you messages?”.
Looks like they’ve missed that season ticket renewal letter from Graham Wallace…
“as Dead as a Deadline” could be a new saying……
16 roads – celtic über alles…
18:04 on 19 May, 2014
Real Madrid have won the European Cup /Champions League a record nine times.
Yet supporters of the old dead club claimed that their club was the most successful club on the planet.
Going by that logic then,and now the old club is dead… Linfield FC are now the most successful football club in the world.
I have never in my heard a Linfield claim that they are the most successful club in the world.
Bizarre logic indeed, it is impossible to reason with such nonsense.
Sad,deluded lunatics.
———————-
Cheers for that, it’ll be used in work to rip a few of them a new one.HH
Serie A
AC Milan finish in 8th place .Man on the radio said no Europe for the first time in 20 years . Much rumour that Berlusconi will sack Seedorf ..
Off to Rome tomorrow , then flight to Lisbon on Wednesday . Going to the CL final with my Atletico supporting mate . I dont care who wins .
Just finished these —————-
Simply Thrilled -The Preposterous Story of Postcard Records ( Simon Goddard )
Buck Em ——The Autobiography of Buck Owens (Buck Owens & Randy Poe )
Both highly recommended..
Och Aye Ra Noo Wave CSC-way down south ( warm and grey today )
RWE
Not sure about that. Pretty sure if you go on the website you will be able to find out.
The Lions night in Greenock will also raise funds for the foundation and working on others.
Weefra
Ha — no a day oot at the Poultry farm is fine by me — off later tonight for my usual walk past the Lama farm!
sipsini – in any other country in the world, a person whom made such ludicrous claims would be questioned under the mental health act.
HH.
Ger57
I remember driving to a game against the scum one Sunday lunchtime
I’m sitting in my XR2 with my scarf on my passenger seat and I pull up at the lights at the end of Glasgow green with a bus load of oldco thugs beside me.
Obviously someone spots my scarf and I swear the bus leaned to my side as they all pressed against the glass waving their tenner pocket money at me while loads spat out the windows onto my car
I smiled and blessed them as I thought of the irony of those muppets thinking that in some way they were better or wealthier than me
Our day will come … And theirs certainly has :)
WeefratheTim
the humble egg is well thought of here http://www.leggs.es/
On the matter of Fowl play I believe http://stbridespoultry.wordpress.com/
will feature on ‘great british menu’ tonight where one fat lass and two very talented chefs will
do what they do on these programmes.
Anywhoo buy the chicken it is the one our friends at Cail Bruich and the Honours use- having taken the lead from me and some guy Fairlie ?
‘n’ Gromit will soon be despatched down the marble staircase………
…….part of the charade
demands that ra berrz have a convenient scapegoat
(no sniggering), who is not a ranjurs man..
… No, he’ll be packaged with the other panto cast members – Whitey and Hee-Haw
( but never The Busted Flush) who sold the jersey’s.
The crime-scene must be sanitised before The Journey is completed.
Behind the scenes, The Lying King, The Auld Indulged Ned and the Usual Suspects of media flunkies are preparing for one last
putsch.
Oh aye…………..
I see brother Iain Brines has blown his last whistle.
Seemingly retired.
Age, or has his incompetence caught up with him ?
Anyone remember the incident against St Johnstone
when Duberry ( I think ) caught the ball with both hands
then dropped it. No penalty !
Nick Frost on The One Show, added to FF banned list after urging people to wear more green :-)