Admin less likely in short term

705

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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  1. angelgabriel

     

     

    19:03 on 19 May, 2014

     

     

    Bizarrely, I always thought Brines let the game flow and brightened up many a dull game , by infuriating just about everyone in the ground.

     

     

    I’m sure he sent Neil off at home versus Falkirk (?) , many years ago , in a bonkers moment, but I never formed the impression that Brines had it in for Celtic …..

     

     

    HH

  2. Had no idea there was a Danny McGrain that played for Clyde, apologies to ger57 for the wee dig .

  3. Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma

     

    18:03 on

     

    19 May, 2014

     

    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.

     

     

    ————-

     

     

    going up celtic way (how good does that sound), i dropped a pound into a bucket and walked on. got to the gates saw another bucketeer giving out badges for a poon donation

     

     

    “haw hwn, theres another pound , i gave allready doon there, can i get two badges”

     

     

    “aye ok, hows about 3 for 2 pounds”

     

     

    aye sounds good

     

     

     

    muggins saint stivs.

  4. whitedoghunch

     

     

    I have seen you post some good things about Michael Caines on here. I have seen him many times on television but only last week I noticed he had a prosthetic arm or part of the arm. Huge respect for the man and his achievements.

  5. WeefratheTim on

    BRTH

     

     

    You are, of course, very welcome to the ole poultry ferm. And just for you,,,,,,,,,, We will have creme eggs (as long as ye gie us notice). Looking forward to it. :-)))))))

     

     

    Weefra HH praying to Wee Oscar.

  6. angelgabriel on

    EKBhoy

     

     

    I agree Brines was by no means the most biased against us,

     

    just another in a long line who somehow find their way to the

     

    top tier of Scottish football without displaying much talent.

     

    The penalty box catch by Duberry being an example.

     

     

    Why do so many “old bill” find themselves at the top end

     

    of the scale ?

     

    Are there nae plumbers who know the rules of fitba ?

  7. Morrissey the 23rd on

    From the timeline of jake the snake

     

    @celticservant

     

     

    Possible opponents for Celtic in 2nd Qualifying round. pic.twitter.com/l6aaLrsCUK

     

     

    Possible opponents for Celtic in 3rd qualifying round (3 teams still to be determined). pic.twitter.com/ILE6S52STY

     

     

    Possible opponents for Celtic in 4th qualifying round (2 teams still to be determined). pic.twitter.com/sMkmTkLRbU

     

     

    If everything goes to plan these are the 4 pots for champions league. pic.twitter.com/yjFDCq5GVE

     

     

    http://kassiesa.home.xs4all.nl/bert/uefa/seedcl2014.html

     

     

    Calendar for Champions league qualifiers & group stage games. pic.twitter.com/XKl8J85uQM

     

     

    All dates here. pic.twitter.com/egeaPIMi2w

     

     

    If everything goes to plan these are the 4 pots for champions league. pic.twitter.com/yjFDCq5GVE

  8. !!Bada Bing!! on

    borgo67

     

    19:19 on

     

    19 May, 2014

     

    whitedoghunch

     

     

    I have seen you post some good things about Michael Caines on here. I have seen him many times on television but only last week I noticed he had a prosthetic arm or part of the arm. Huge respect for the man and his achievements.

     

    Not a lot of people know that…..

  9. I will never forget (although I MIGHT forgive) Brines’ reaction to McCoist winding up our manager after thon game. Brines made a breenge for our manager. Rag tag. Utterly incompetent as a ref.

  10. Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma on

    Borgo67

     

     

    The Danny McGrain that played for Clyde was a wee red haired fella. Not a bad player as I recall.

  11. WeefratheTim on

    whitedoghunch

     

     

    The ole egg is precious to mrsweefra and masell. Can I recommend duck and/or goose eggs for those with cholesterol problems. The top Michelin Star chefs are now using them in their menus, as, they say, are much more healthier for us. Their words, not mine. Anyhoo, you are also welcome should you need a wee drive oot wan day. As long as ye don’t stay near Awe naw. Hahahahaha :-))

     

     

    Weefra HH praying to Wee Oscar.

  12. leftclicktic We are all Neil Lennon on

    Morrissey the 23rd

     

     

     

    17:29 on 19 May, 2014

     

     

     

    Feel free to add your comment to ‘Why Celtic need a strong Rangers’ : http://efootballnet.blogspot.co.uk/2014/05/why-celtic-need-strong-rangers.html

     

    Done :))

     

     

    Lennybhoy Thank you ,you know what for:))

     

     

    Jude massive congrats to Josh and his team, dont know about you but was on the edge of my seat waiting on twitter updates, BE PROUD Sir, does the person who told you about Houston have anything to do with a local newsagents :)))))

  13. kikinthenakas on

    Bada

     

     

    Played golf in Albufeira for the last 6 or 7 years, my pal does all the bookings. Will get the details of the company if you wish. Get my email from paul67 and I’ll sort out the contact for you.

     

    New hip helping the golf…beys round in a few years yesterday….

     

     

    Kikinthenakas

  14. BRTH

     

     

    Probably played just before I started being allowed to go to games . Used to read all the football annuals at that time and just don’t recall him .

     

    Anyway there’s only really one Danny Danny Danny McGrain

  15. whitedoghunch on

    borgo67

     

     

    Michael Caines -good guy, always available should a raffle,auction thing be needed.

     

    watch him do the omlette thing on saturday morning cook show -cooking one handed whatever next !

     

     

    WeefratheTim cheers

  16. ‘GG

     

     

    Oooer missus.

     

     

    I read an excerpt and the names are a giveaway too…

     

     

    Marjory, Alasdair and Kendrew. ( I think he was yon androgynous wan)

     

    Also bosom got a mention and one breast, although it was heaving.

     

     

    What they say in the borders..”Ken Drew, the plumber fae Selkirk, well he’s a pal o hingaby that’s goat a fag.”

     

     

    Hope you and Mrs ‘GG have watched the rest of that Rikki Fuklton YouTube stuff.

     

     

    HH

  17. !!bada bing!!

     

     

    18:32 on 19 May, 2014

     

    Embdae any good contacts for golf in Albufeira? Ta in advance.

     

    …………….

     

    Wife’s cousin lives in Lagos, she has rental properties out there and albufiera and the cliental are mostly golfers, she will be able to advise if ye let me know what your after. BT has my email.

     

    V

  18. My friends in Celtic,

     

     

    Celtic fans divided, and some trumpet their hatred of AM after 40 years.

     

     

    IMO this is an agreeable & desirable issue to split the blog. A footballing issue although it is undeniably a jumbo one, unlike last night.

     

    I can see both sides, but always seem to side against the establishment.

     

     

    HH.

  19. borgo 67

     

     

    No offence taken mate. I remember the game in question. BRTH is correct; he was a burly lad with long ginger hair and was a cousin of oor Danny.

  20. Daniel “Danny” McGrain (27 May 1953 – 30 August 2004) was a Scottish footballer who spent his entire senior career with Clyde.

     

     

    McGrain began his career with junior side Blantyre Victoria, winning the Scottish Junior Cup with them in 1970.

     

     

    McGrain signed for Clyde in 1971, and made his debut against Aberdeen in a Scottish League Cup tie in August of that year. McGrain was appointed Clyde captain the following season whilst only nineteen years of age, making him the youngest Clyde captain ever, a record which he holds to this day.

     

     

    In a game against Dundee United in February 1974, McGrain headed the ball off the line, sustaining an injury. He collapsed in the dressing room after the game, and was rushed to hospital with suspected brain damage. McGrain was forced to retire through injury at the start of the 1975–76 season, after playing 109 matches for the club in all competitions. He died in August 2004, after suffering a subarachnoid haemorrhage.[1]

  21. BRTH

     

     

    Danny McGrain of Clyde started at the EK Burgh , sure he had a blond , frizzy Barnett, little midfielder , plenty of energy.

     

     

    HH

  22. weeron

     

     

    Thanks for posting that about the other Danny McGrain. Makes for very sad reading

  23. ernie @ 18.32.

     

     

    I notice the new terminology of this year is climate change not global warming anymore.

     

     

    HH.

     

     

    polarbearnotbroxibearcsc

  24. bournesouprecipe on

    angelgabriel

     

     

    I agree Ian Brines wasn’t the most biased against, he was just biased against us.

     

     

    p.s. yes, – it was Duberry

  25. squire danaher on

    angelgabriel

     

     

    19:03 on 19 May, 2014

     

     

    Re: Brines

     

     

    He was the clown who booked Henrik for diving after he had rounded Motherwell keeper Gordon Marshall for a tap in, only for the keeper to pull the legs from under him

     

     

    An official whose inflated sense of importance was matched only by his buffoonery (eg W Young).

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