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- Pages:
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TBJ
Too long,I reckon.
Months without an R in them,nae use.
Turkeybhoy
14:04 on
19 May, 2014
quantum,
Not allowed to pay at turnstiles now.They will have to get tickets from TO.
Thats scenario is a long way into the future for them.Least of their worries.
——————————————————————————————-
Thanks for that.
Still forsee a massive logistical problem.
Wonder how long ole Rooney will last under Van Gaal…..?
dontbrattbakkinanger
14:29 on 19 May, 2014
ole Godwin’s Law out in force the day
…………………….
Absolutely. Nazis indeed.
leftclicktic
But what exactly were you mumbling when you walked away from him…
naevacationshere CSC
BMCUW 14:36
Months without an R in them,nae use.
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I hate days with a Y in them…..
glasstwothirdsfull
14:36 on 19 May, 2014
Wonder how long ole Rooney will last under Van Gaal…..?
Don’t think he will. RVP will be his main man and captain, can also see him trying to sign Robben.
TOSB
“Any Celtic fan who was there or who was of an age to properly understand the magnitude of what they did at the time and doesn’t hate, loathe and detest them, is a peely wally, lily livered, fence sitting apologist who should apologise for having masqueraded as a Celtic supporter.”
I was there and I fulfill all the characteristics.
I can still harbour a resentment to every member of the 1974 AM set up and, if I ever meet him, Georg Schwarzenbeck will never have to buy a pint in my company.
However, I can see no reason to visit my annoyance with 74 Atletico on 2014 Atletico. I can hate their fathers and grandfathers but I give the kids a bye. It was not of their doing.
Similarly, I do not hate Graeme Souness for the years of sectarian apartheid at Ibrox. Thankfully, Graeme has many other assets which are detestable and serve to fill the gap created by his lack of responsibility for the years of app.1914 to 1989.
So, Celtic players, past and present with Christian names and surnames beginning with the same letter.
e.g. Jimmy/Jinky/James Johnstone
WillieBhoy
at 13.53.
Jist read yer Submission,pally.
Ah found that You n Me, babe..ur Sharin’…wanna they.. “Meetin’s O’ the Mind”,
that ye hear aboot.
Ye Sure Ticked awe the Boaxes.
So Un-Commensensical… it wiz..n..it .. STILL…IS!
n
Yer Quotation o’ that wise Quotation.. Sums up Ma Ain Thoughts ,Precisely, oan the Matter, under Discussion…
which is…
“Ur Celtic No Doin’ a Great Joab o’ Rearin’ it’s Weans…or..Ur Whit?”
Ah agree wi’ thee,pal..
Ye Goatta Rake a Hellava Loat o’ Didgies.. Afore Ye Find a Lucky Wan!( or. So .. collie tells me.. Me? Ah don’t even know whit a Didgie..Is!)
Anywey, Pal. Ah jist Wanna tell ye that .. You n Me ur in Lock-Step..oan this wan
Right doon the Line..
n….Especially.. Yer Proposal that we.. At least, tak a look at
the Benefits that may Accrue..if.. we Brought in A Wee Bit Help fur oor Present Coaching Staff. fae the Continent.
Nice..
So Refreshin’ tae tae hiv a wee Chat wi a Guy who Thinks sae Clearly.
Kojo
Still,Laughin’…
Gary Gillespie
Mark McNally
Harry Hood
setting free the bears supports res. 12 & oscar knox
14:42 on 19 May, 2014.
………………………….
Ach you’re just a peely wally, lily livered ………… etc, etc.
;-))
Harry Hood
IGC
Tommy Twists Tommy Turns
and
Sammi
MWD :-) says Aye
setting free the bears
Don’t get me wrong. I seriously hate Athletico Madrid and hope they get a right Royal humping on Saturday. Unlike your good self and others, I will never forgive them.
Dixie Deans
Jackie jackinofsky
Malky McKay
Bmcuw
Are you a pirate ?
Fraser Forster
Looking for a bar that might show the Champion League Final next week in Fort Myers area of Florida, any help appreciated
Bobo Balde
Murdo Macleod
Over the years since my 1st match in 1965, I have seen Celtic involved in some really tousy games. The two that stick in my memory are the Racing Club and Atletico battles. Both teams’ tactics were to stop Celtic playing at all costs.
The worst tackle committed against a Celtic player IMO was by Danny McGrain of Clyde on Brian McLaughlin, after which he was never the same. Cesar had to be restrained from meting out instant justice that day. Should I hate Clyde for ever more because of that tackle? Should I hate Atletico and Racing Club for ever because of those games?
Only askin’ like.
TSOB – I was under 5 at the time but I am capable of understanding the magnitude of their cheating on that night and also the Latin “win at all costs” approach that has blighted many a tournament before and since then. Saying that, anyone who saw the last World Cup final witnessed the “total football” Dutch team resorting to “Latin” tactics against the best footballing team in the world – which happened to be “Latin”.
Call me all the names you want, I am a faithful and lifelong Celtic supporter but I see no reason to hate a team in 2014 for what a team did in 1974 – all of 40 years ago. Paul congratulated the AM team for an unexpected and merited league win, I concur. They have been a breath of fresh air the last 2-3 years in Spain and in Europe, challenging the status quo and the establishment. Despise what their club did 40 years ago, absolutely in agreement with you – but I am not going tar their current players and staff with the same brush as their predecessors.
I’ll leave it at that. I respect your right to hold a different opinion.
Kris Commons (Sounds the same)
MWD Aye
Naka Nakamura.
Geordie Munro
In a wonderful quip of ironic coincidence, which I have no doubt you meant, your suggestion of ‘Jackie jackinofsky’ actually gets a point.
Dariusz Dziekanowski
Murdo Mcleod
Willie Wallace
McBhoy
We’ll use a wee bit of poetic license on the auld Dianbobo one.
I have hated eggs for the past 58 years.
I am not allergic to them; they just make me want to throw up.
On the other hand I enjoy a nice roast chicken.
Igc
I was racking ma last cell trying to think of the smart arsiest answer. ;)
TOSB
I don’t think I have forgiven them.
It is their kids that I do not have to forgive.
DBBIA
What the feck is the difference?
Personally I think they both taste like Sloth.
MWD says uh huh hu
IGC
Willie Wallace
Smart erse indeed ;)
I’m still waiting on the man whose swan-dive led to ‘THAT’ free kick from Naka v Man U