Admin less likely in short term

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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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705 Comments

  1. squire danaher

     

     

    You can put Legia Warsaw for Poland there. We need only one point in three last games to be the champions.

     

    I have bad feelings we will meet :-)

  2. stevenagebhoy on

    Anyone else find the ‘toon fans just a tad arrogant?

     

    They feel like a tad like the Northern English orcs….

     

     

    http://www.newcastleunited-mad.co.uk/news/tmnw/could_lennon_replace_hughton_833222/index.shtml

     

    ________________________________________________________________________

     

     

    The shining wit (see what I did there?) who pens the keech for yon NUFC site is a twit. He’s clearly a closet hun who finds the most arcane reasons to mention Celtic and then make racist comment (‘trot back to our bogs’ was one of them).

     

     

    When FF was on loan at Celtic this cretin printed several stories that we couldn’t afford him / he’d never sign for a crappy small time club/he wasn’t that good anyway otherwise Newcastle wouldn’t consider selling him.

     

     

    The ‘author’ is a sad bigot best ignored.

  3. Blantyre

     

     

    Fair enough. I’ve faced off against their hatred and bigotry all my life. It diminishes yearly in influence but whatever it’s size and noise factor I haven’t shirked the buggers yet and when they are I’m front of us in some format I ll be cheering on my team…

  4. squire danaher on

    zbyszek

     

     

    21:36 on 19 May, 2014

     

    I would like to avoid Celtic and would like Celtic to avoid Legia this year.

     

     

    I agree

     

     

    Hopefully your Legia make it to the Champions League as well as Celtic :D

  5. blantyretim is praying for the Knox family on

    Wavy

     

    I want my daughter to enjoy going to games without fear of being caught up in anything that that game causes.

  6. squire danaher on

    natknow

     

     

    21:41 on 19 May, 2014

     

     

    I get the impression he’s not a fan…….

  7. Blantyre

     

     

    That’s fair. Same with my little boy and it’s only right you’d keep them out of harms way….but personally I ll be there…

  8. CL Seedings

     

     

    Celtic will be seeded higher than any opponent in the qualifying stages; however, nothing is guaranteed. Bate Borisov were seeded higher than us last season but were knocked out by Shakter Karagandy in Q3.

     

    So whilst we should fear no team, we cannot be complacent.

     

    If players are to be bought or sold, it’s best if any deals are done as soon as possible. The World Cup makes this unlikely as I can’t see any international manager allowing transfer business to interfere with match preparations.

  9. squire danaher

     

    21:43 on

     

    19 May, 2014

     

    natknow

     

     

    21:41 on 19 May, 2014

     

     

    I get the impression he’s not a fan…….

     

     

    Delaneys Dunky

     

    21:46 on

     

    19 May, 2014

     

    Natknow

     

     

    Quite a favourable review! :))

     

    ————————————————————-

     

     

    I’ve not heard it yet myself – so I’m gonna reserve judgement…! :-)

  10. Offski.

     

     

    Regards to Derbyshire bhoy and others who are having a tough time.

     

     

    Hail hail.

  11. Hi Ghuys

     

     

    Someone mentioned (16 r0ads i believe)that Linfield were the most successful club in football . I reckon that this is correct- it was in a quiz in Gaa club of all places- but its probably as tainted as Sevcos achievements.

     

     

    Anyhow I see that they were fined 1200 pounds last week for their fans singing the Billy Boys(against Coleraine). I caught this on the radio despite it being much suppressed by the media in general

     

     

    Now wheres Cliftonville Celt when you need him??

     

     

    HH

     

     

    Phil

  12. St stivs

     

     

    I think the oldest season tkt holder Davie we met on way back from Dublin

     

    For Liverpool game last season.

     

     

    What a character drinking half n half’s and asking if any of us were going to Karagandy as his daughter and grand daughter with him wouldn’t let him go could he come with us.

     

     

    Everyone else was knackered after a long weekend on booze he was

     

    Telling them he was going down the club when he got back to ???

     

    #

     

    Maybe Bishopbrigs

     

     

    absolute gem of a guy and he was 93 or 94.

  13. Morrissey the 23rd on

    ger57 @ 21:47

     

     

    Agreed. Our first qualifier is 2 or 3 days after the final.

  14. Delaneys Dunky on

    BT

     

     

    Hear hear. I am loving my 8 year old granddaughter learning about and watching Celtic in an environment that her mother didn’t enjoy in the 90s, when I took my daughter to a game v them.

  15. Celticrollercoaster luvs his luminious lime boots on

    Cowiebhoy

     

     

    £392, well done mate. Bet the food and drink bill was higher :-)

     

     

    Well on your way to the target of £500.

     

     

    HH

     

     

    CRC

  16. WeefratheTim on

    praecepta

     

     

    From earlier, thanks for you advert for our duck eggs. No commission is payable, but if yer ever over this way, yer on a 1/2 doz on the hoose. :-))))

     

     

    Weefra HH praying to Wee Oscar.

  17. John O’Neil

     

     

    Scudamore should have been sacked. If your mum, wife, sister or daughter was referred to in the language he used, I doubt you would be quite so blase about it. Sexism has no place in sport especially at Celtic.

  18. Geordie Munro on

    Did we get the sixth player sent off for the hoops in European competition this millennium?

  19. c2

     

    21:51 on

     

    19 May, 2014

     

    St stivs

     

     

    I think the oldest season tkt holder Davie we met on way back from Dublin

     

    For Liverpool game last season.

     

     

    What a character drinking half n half’s and asking if any of us were going to Karagandy as his daughter and grand daughter with him wouldn’t let him go could he come with us.

     

     

    Everyone else was knackered after a long weekend on booze he was

     

    Telling them he was going down the club when he got back to ???

     

    #

     

    Maybe Bishopbrigs

     

     

    absolute gem of a guy and he was 93 or 94.

     

     

    ———————

     

     

    shurely their great geat grand weans will be celtic supporters

  20. From those seaded I think Zenit St. Petersburg will be this year the team with highest coeficient. Something above 70.

  21. Phil – they’ve been fined twice recently, ironically first time in a game against cliftonville.

     

     

    Their success has always been predicated by a cosy relationship with the IFA and the subsidising each year of Windsor Park…sounds familiar ?

     

     

    This year they won no major trophies and are constant whipping boys to cliftonville…

     

     

    The unseen Fenian hand is everywhere at the moment

  22. BT & Big Wavy

     

     

    There is signs up heading into Stirling ( put up yesterday) to avoid certain routes this weekend 24th due to a large Public Parade, better known as an Orange walk.

     

    Leaving from Bannockburn’s new Visitor centre at the battle site into Stirling, coincides with the heavily promoted Bannockburn day, and Armed forces day in Stirling.

     

    Where do the council get £250k to waste on policing this waste of public funds

     

    So to all avoid Stirling this weekend

     

     

    Hail Hail

  23. Delaneys Dunky on

    Natknow

     

     

    So far it seems to be a good album to fall asleep to, after a 12 hr Monday shift.

     

    Zzzzz :)

  24. CowieBhoy, I noticed those signs, and I am heading out of Dodge Saturday.

     

    The route goes close to yours btw.

     

    Does the dog bite?

  25. St Stivs

     

     

    What a character… he had my bhoy(14) in stitches moaning they had only got him

     

    A single whisky when he had clearly asked for a double to go with his Guinness.

     

     

    94 and more hair than me

     

     

    : > )

  26. CowieBhoy, Bannockburn and Armed Forces day is 24th June, or there abouts though.

     

    Bad enough with 20,000 OO walking through town, never mind the other two on the same day.

  27. Cowiebhoy

     

     

    Sadly this way of life will be a feature way after we depart…but it sure as hell is fading…

  28. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    big wavy

     

     

    21:27 on 19 May, 2014

     

     

    Big Wavy…bye bye…..away over to ff and tell them you miss them…..I have never yearned for evil to be part of my life ….that lot thrived on it