I was at Fir Park on Saturday and spent the first half wondering how on earth Dundee United were bottom of the table against an abject home side. Then Motherwell scored with their only venture into the opposition final third, which told the recent story of both clubs. United, led by the evergreen Steven Fletcher, flipped the result in the second half, Motherwell were just too poor to earn a point, even at home to the team bottom of the table.
Oddly, they do better against teams above them in the league, having beaten Hearts, Hibs, St Mirren and Livingston in a recent run of form. The only points they have dropped since early February were to Kilmarnock, Newco and that loss to United.
It will all be about Celtic tomorrow. No one has left Celtic Park on domestic duty this season with as much as a point, even when the champions have an off day, they still retain the firepower and determination to win.
With several players nursing an injury, or on the path to recovery, Ange Postecoglou will have a plan to get his squad in peak condition for the Scottish Cup semi-final, a game that has towered over the fixture list for weeks. If we don’t see Reo Hatate at some point, I doubt he will have much to contribute next week.
I had some of my most confrontational issues in business as a creditor, in dispute with an administrator. An administrator’s duties is to release money for creditors. On occasion, professional fees dwarf funds raised for creditors. Creditors’ claims are dismissed, then disputed, then reluctantly accepted, before seeing pennies in the pound left over after fees are paid. The cynical creditor could be convinced he was being played.
In completely unrelated news, when administrators Tenon went bust in 2013, I shed no tears.
Elite Sports Group Ltd’s administrator, Kroll Advisory, seem like nice chaps by comparison. However, be in no doubt, the game they engaged in yesterday is to relieve Newco of millions of pounds. They have contracts between Elite and Newco, and expensive legal advice backs up their action. They have taken the decision to use creditors’ money to fund a court case against Newco, to a value initially estimated at £9.5m.
A judge yesterday ordered Newco to open their books to Kroll Advisory, allowing the administrators to fine-tune the sum they are suing for. This was a minor detail and may result in the sum being reduced. The confirmed news is that Kroll are in play (previously in doubt); Newco made no provision for this action in their accounts.
It could take months for the fine-tuning to take place, then many months for a court date. After that, parties will wait for a written decision (more months). And, of course, appeals could add another year. I reckon 2025 or 2026 before this is over. Until then, a cloud of financial doubt will hang over the club, affecting credit worthiness and investor appetite. If they were wise (I know!), they would start to make savings in order to pay a potential liability. We wouldn’t want them hit by a sudden and unaffordable bill!
All of this is unnecessary nonsense and harks back to the indecent haste Newco showed when attempting to extricate itself from deals with Mike Ashley’s Sports Direct. I regretted the day Dave King left town and will celebrate if he ever returns.
Good governance never features on a league table, but the consequence of bad governance eventually shows up on the Scottish Premiership table. On one truly fabulous occasion, it even showed up on the SFL League Two table!
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Finally Friday.
AIPPLE, I’m only here to keep you company. I’m up in Canada. Not sure where all the Europeans are.
T
TOBAGO STREET
We have the place to ourselves! Let’s go bonkers.
More cash boosts to look forward to for the huns. The lucky devils.
Interesting article.
Oh the Rangers are $hite!
Welcome AN DÚN, pull up a chair we’re about to go bonkers!
T
Deal with the here and the now not stuff further down the line, will Sevco be granted a licence to play in Europe next season considering they are being propped up by the sale of shares with a ficticious price?
Why would any sensible business minded person burn Millions of pounds buying these if it is there own money?
lol
their
Does this mean Beale will have to draw in his horns as he travels Europe to discuss terms with elite players in his quest to match the CL elite?
Happy Friday afternoon chaps….
Bonkers izzit.
https://youtu.be/ISy0Hl0SBfg
Tee hee.
CELTIC TV
Big shout out to the Celtic TV team who sprang to my rescue and sorted my access to tomorrow’s game.
It’s comforting to know we are not only the best on the field but we are also the best off it.
Now I can go back to sleep knowing I’ll see the champions tomorrow.
The midfield that starts tomorrow will start at Hampden imo. Calmac- Iwata- MO’R looks most likely.
Lovely!
‘GG on 21ST APRIL 2023 12:28 PM
Does this mean Beale will have to draw in his horns as he travels Europe to discuss terms with elite players in his quest to match the CL elite?
GG
Don’t be so disrespekfool
Eez finkin fings froo
;-))
Well if pursued and settled even outacourt,it will be an expense.so I would suggest it may have an impact on how much
D’you need popcorn?
Some vegi bakes sent from Greggs?
It may be busy here with business pretendery and lots of articles in our Orwellian media bout imaginary cash boosts.:-) reality biting them soon
HH
AT
Gregg’s vegan sausage roll would be welcome.
CQN
Celtic news, not lazy journalism…..
I read articles on Alistair Johnston this morning; his mam is from Newtonards, near Belfast.
He probably knew more about what he was coming into than has been portrayed up to now.
Cracking player , but sounds a top bloke as well
As TOM MCLAUGHLIN humorously alluded to last night, Savage’s co-commentary was as abject as Manure’s performance.
It took 20 minutes for him and Darke (stick to pugilism) to notice that De Gea’s pass out to Maguire was preceded by Maguire gesturing for the ball, yet Savage by his own admission kept “go going on and on” about what De Gea was thinking of.
I know that Savage offers next to no tactical analysis or insight, but he could at least pay close attention to the game on which he is being no doubt well-paid to commentate.
Reminded me of a certain Sevco Ladies team assistant coach.
Money for nuttin’.
MARSPAPA re: Bonkers izzit.
Aye, bonkers just like that!
Tee, hee, no provision 😂
Who are their auditors?
Talking of good Celtic songs, who remembers this,
Aye, aye aye aye
Simpson is better than Yashin
Big Yogi is better than Eusebio
and Johnstone is better than anyone
KINGLuBO
KINGLUBO,
Shirley it was ” ….Murdoch is better than Eusebio …”.
Or are the intervening years taking their toll on me and my memory banks?
LOL.
Whilst I fully recognise how difficult it is for a team from the SPFL to win a game in the CL group stage, I’ll stick my neck out and say I hope and pray we are in the same group as Manchester United next season for what will surely be a guaranteed 6 points for Ange and the Bhoys.
Bring it on 🤞
EMERALDBEE
KINGLUBO is correct. It was BIG YOGI IS BETTER THAN EUSEBIO.
Abada trained today, Reo and Jota didn’t
Bada Bing – interesting on Reo. I have a friend who has been at the training ground all this week and he said Reo trained with the rest of the team yesterday though Jota didn’t.
Good article Paul.
Roll on tomorrow.
As for the other stuff … yet another example of Sevco as the bad guys versus a bunch of people who are not necessarily good guys.
I’ll hazard a guess that Kroll Advisory have either associates, affiliates or just guys they know from the golf club who are experts in
– retail law
– retail finance
– corporate law
– corporate finance
– sportswear marketing
– forensic accounting
…. all of whom will be essential in proving a liability of £9.5m (or a different figure).
Creditors : wave goodbye to it !
PAULSTHROUGHBALL88 on 21ST APRIL 2023 1:16
He was talking so much pish I turned the volume down!
PAULSTHROUGHBALL
“ Money for nuttin “
Absolute belter, don’t think many recognised that
little gem.
H H. Mick
PRESTONPANS BHOYS @2:59pm.
Don’t blame you. My masochistic streak made me keep listening just to see how bad Savage’s punditry got. He didn’t let me down.
I suppose if I managed to listen to Supersalary the other week (forget which game now) saying how he didn’t like players surrounding the referee after an adverse decision, I can listen to anything.
He seems to have forgotten a certain midweek Cup replay loss to us when assistant manager of Rangers ( in liquidation) during which Bougherra and El Hadj Diouff were never out of the Mib’s face (Callum Murray?).
Bougherra even tried to make him put the yellow card he was about to show back into his top pocket.
We all know what happened next.
KINGLUBO @ 1.37 and TOM McL @ 1.49
Re which Tim was better than Eusebio I will of course defer to you guys.
Two always beats one! (Well, nearly always.)
Ave Ave
MELBOURNE MICK
Cheers, Mick.
So excited for tomorrow.
Is Jota really injured then ?
If so not good.
Good Abada maybe back though.
Tomorrow will be another chance for our 2 newer Japanese to shine again perhaps.
Any press conference from Ange today ?
Good evening all from the Albert and Lion, Blackpool. A fine view of the shimmering Irish Sea.