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.
[calameo code=000390171873c910154bd lang=en page=106 hidelinks=1 width=100% height=500]
705 Comments- Pages:
- «
- 1
- ...
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- ...
- 19
- »
With regards to bearing no grudges, my good lady has fancied Gordon Ramsay for years, something to do with his cooking skills she says. Anyway, I spent an hour in his company over the weekend (he borrowed a road bike from me so he could continue with his Ironman training while in Denia filming) and he was as polite as polite could be. Not an F-word to be heard – at least not until I explained to the wife who I had been with.
Barney Battles
Ah bhoys, you should have seen him!
RWE
Yes, Sir Fuwious was indeed consulted.
The board narrowed it down to Van Gaal and another mystery candidate, and asked Fergie to choose.
He chose the mystery man, so congratulations Aloysius!
I see Ryan Giggs has retired
I expect it is to spend more time with his family….ahem
Joe Carruth anybody?
Could have been one of CFCs all-time top goalscorers if only WW2 had not intervened, as well as a serious injury.
Never met him but knew a sister and brother of his, and went to school with one of his newphews big Mick McM…..
HH!!
The person who cheated Celtic in the Athletico encounter was a referee who despite an evening of unrelenting thuggery, lacked the guts to call a halt to the proceedings.
It is also arguable having witnessed events at Celtic Park, Celtic should simply have handed the tie over to Athletico.
I make no bones about it. I am one of those who have never forgiven them. And as for this week’s Champions League Final, which I won’t be watching, Real winning will only be the lesser of two evils.
Thindimebhoy
Notty!!!!!
Six Celtic players sent off in Europe this Millenium….
jude2005 is Neil Lennon
Tongue firmly in cheek of course
BMCUW- Can you email me googybhoys email addy,if you are back up and running ? Ta
Siesta time zzzzzzzzzzzzzzzzzzzzzzzzzzzz
Bobo red card,Scott Brown
Douglas
Balde
Majstorovic
Brown
Biton
Balde, Broony, big rab
Yesterdays cup final highlights on Celtic TV if uv got it.
Biton, big Dan
Rab (Jack) Douglas
celtic football companion
sat 8th sept 1973
league
celtic……………………………………5-0…clyde
lennox…..3..03pen-40-84mins
dalglish…1..08min
mcgrain…1..78min
every celtic player had a No8
on his shorts to commemorate
the club’s 8 successive championships
Brian McLaughlin
was carried off with a serious injury-sub johnstone
their was a mcgrain in clyde team
mcvie also played
hail hail
For those in doubt about Athletico…
http://www.youtube.com/watch?v=CpxoTiKkvw8
Ref was as poor as their players were nasty
McFadden rumours started yet?
Marrakesh Express
I stand corrected. I remember a stramash after the tackle and Cesar being restrained by several team mates. BMcL was an outstanding prospect too. He was being touted as the successor to Jinky.
GlassTwoThirdsFul
“McFadden rumours started yet?”
—————————————-
Are you suggesting a new three amigo,s. LG, AS and Faddy.
Barbers, you have been warned.
HH.
GlassTwoThirdsFull
Aye McFadden to sign for newly promoted Hamilton!
BRTH,
I was chatting to my Dad this morning about groundsmen at Celtic Park. He couldn’t really add anything to what you know already, apart from his belief that the Dohertys lived in Delburn Street. FourLeafClover would know better about that.
Brian McFadden looks a certainty to sign and sing in the Kerrydale Suite prior to every game next season.
MWD says Aye
wullie mcvey now owns a winners and losers in larkhall, how ironic.
Clyde’s Danny McGrain had to retire from the game after fracturing his skull heading the ball off the line on a dreich soggy day, he was club captain at the time. It was caught on camera tae.
I was led to believe that he was oor Danny’s cousin.
Atletico
I don’t know if there had been such thuggery in a European tie before that game although Davie Hay has said that Big Jock warned the lads beforehand to keep the head if any rough stuff started. (ie No repeat of Montevideo)
I don’t blame the referee, but UEFA, who should have awarded the tie to Celtic.
After reading Keith Jacksons piece in the record (online) I have come to the conclusion he is greasing the way for a Walter Smith return to the fray at some stage.
Smith is a focus they will rally round more so than King but timing in this saga is everything and I expect Smith will only show his face again once the present board has been replaced.
Of course they would have to go bust again for that to happen
But the “rebels” are in disarray they are in fact rebelling against each other
Which kinda defeats the point of being a rebel
I guess we should cut them some slack here this rebel stuff is not something you can learn quickly
It takes years of oppression to get in the mode
Joe Carruth anybody?
-his ole grotto is sadly no longer with us.
I don’t know where else in town that’s a good source of holy pictures.
SFTB………………………….
KINNAIRD OUCHTERLONIE????
what a belter of a handle!……………
…..a name ripe for presidential misconduct.
:))))
Thindimebhoy 16:20
I was wondering what had happened to the Myth. The MSM were clear to point out that he was only retiring from Rangers – NOT from football. Three years on – how many jobs have came up in England? You’d think a genius manager like him would be well in demand…..
TSOB….
Re Athletico… I’m with you, ails was there that night. Never have I witnessed such a blatant display of thuggery and hatchet men.
Well mibbes after Joanna’s on a Monday night!
Can’t forgive, will never forget!!
Thindimebhoy
16:20 on
19 May, 2014
If you follow Keith Jackson on twitter, it’s notable that his tweets don’t always follow a party line. It could be (although I doubt it) that they’re slowly unshackling themselves from the RIFC cart.
Trading with knowledge of insolvency is an offence. Knowledge is the key. Minutes of meetings are a terrible thing for enforcing governance.
I imagine every single one of them is concealing some sort of audio taping device at each meeting with anyone they don’t trust 100%, and when you’re a spiv that’s everyone, maybe even your brother. Knowledge is protected, concealed, communication moves in ever decreasing circles.
You cannot imagine the tension, subterfuge and olympian spivvery in the big hoose.
She’s gonna blow.
dbbia
Had a good view of ‘Carruth’s Grotto’ last Saturday during the hootenanny.
Opposite McChuills of course.
Sad.
HH!!
ger57
16:20 on 19 May, 2014
Atletico
I don’t know if there had been such thuggery in a European tie before that game although Davie Hay has said that Big Jock warned the lads beforehand to keep the head if any rough stuff started. (ie No repeat of Montevideo)
I don’t blame the referee, but UEFA, who should have awarded the tie to Celtic.————————-nail hit on the flat bit (why is it called a head .?)
NL 4/1 fav for Fulham job
A fella on TSFM has just posted about raberzz being in a “Catch twenty blue” situation. Sorry, can’t do the link thingy.
You can be sane and crazy at the same time.
If they refuse to buy season tickets, it shows they are sane. Refusing to buy STs will make thems insolvent which would be crazy. Hahahaha!