Admins flash the bling instead of paying creditors

971

Can you believe these Duff and Phelps people?  They can’t afford to pay Rangers taxes, or other SPL clubs monies due, but today they tried to increase their payroll today by asking the SPL to register Daniel Cousin.  Can you imagine what the out-of-pocket creditors feel about this?

These people are in place to make sure the company trades long enough to repay creditors.  They can trade perfectly well with the three dozen or so players they have, what kind of justification could they possibly give to the court for playing Football Manager with other people’s money?  No wonder HM Revenue and Customs fought their appointment.

What an absolute shower. It’s almost as though that place is some kind of lightning rod for a special type of competency. It’s not your money you’re spending, pay the club’s bills and stop looking for football bling, that’s what got the last lot into trouble in the first place!

Fancy writing something for CQN Magazine? Drop me an email and let me know what you would like to write about before you get started, just in case someone else has the same angle covered: celticquicknews@gmail.com.

There has been some incredible action today on the eBay action for the signed Celtic top in aid of the Vanessa Riddle Appeal. I’m stunned, check out the link below. You are pushing the reputation of supporters of Celtic Football Club ever higher.

Bid and help send Vanessa for the treatment she needs by clicking here. Only one day left.

If you would like to read CQN Magazine online (for free), click here. You can download a pdf of the magazine using the button at the top of the page, second from the right. Click on the link below to order a hard copy of the magazine.

Ship to:

You can support the online edition by making a discretionary donation here.

Click Here for Comments >
Share.

About Author

971 Comments

  1. The Singing Detective on

    Petec.

     

     

    Squeeze me Virginia !

     

     

    Now you’re quoting me the Gospel from The Book of Kojo….

  2. pigalle says:

     

    18 February, 2012 at 01:53

     

     

    Are the Bricks going to be taken by the many unhinged Orcs? :)

     

     

    How does one do that italic in such Vincent Kompany.

  3. So everyone knew Rangers were in trouble years ago.

     

     

    And in their clubs and meeting places in the posh parts of town they discussed it and made their plans.

     

     

    We will drive Rangers to liquidation.

     

     

    We will wait.

     

     

    And then we will build again.

     

     

    Perhaps someone has sold up for hundreds of millions, I can’t quite mccoll his name right now.

     

     

    Perhaps land around Braehead could be turned into a stadium like the millenium stadium, except with a permanent stage at one end.

     

     

    Millions could be earned on a kind of Emirates Stadium model.

     

     

    Perhaps there has been a plan all along.

     

     

    Celtic, if this were true, would know all about it.

     

     

    And would be breaking their necks to get out of Scotland before the Establishment Tsunami breaks.

     

     

    We need to move, and move quickly.

     

     

    Our day will come.

  4. The Singing Detective says:

     

    18 February, 2012 at 01:58

     

     

    Aye and Kojo is the Son of John Titor……………

     

     

    And anyone who dismisses this out of hand without even checking things out IS a threat to National security and likely to have multiple to links to an Iranian Granny and be a Nuclear physicist.

     

     

    Kojo talks straight and it upsets people especially people who are HELLBENT on sticking to what they have been educated with, usually by the Most amazing people in their lives.

     

     

    This is how the faceless SCUM that THE EXILED TIM mentions directs and dictates how Humanity goes.

     

     

    What flavour of Ice Cream would you like Sir Singing Detective

  5. .

     

     

    I really Wish Lenny did not Mention Stripping them of Titles..

     

     

    Consentrate on the Treble Lenny.. And win the Title by at Least 20 Pts or this Title will Never be Recognized for the Magnificent Comeback it has Been..

     

     

    Summa

  6. pigalle

     

     

    HEHE

     

     

    I don’t think it will just be local media covering this game later today my friend.

     

     

    Apologies again for my mistook before. hh

     

     

    I think there will be a defiance outside the “HOUSE” Bingo Boys.

  7. Summa of Sammi

     

     

    I disagree. I want to win this title by 9 points. They will ,of course, claim that the 10 point deduction was the difference

     

     

    My answer? ‘Now you know what it’s like to feel cheated’

     

     

    A 20 point victory makes the 10 point deduction moot!

  8. The Singing Detective on

    Petec …afore I finally go..

     

     

    Good websites for keeping check what’s going on in the M.E. :-

     

     

    warsclerotic.wordpress.com/

     

     

    debka.com/

     

     

    All Clues and No Solutions..

     

     

    Am I Right,or Am I Right …?

  9. petec says:

     

    18 February, 2012 at 02:29

     

     

    They will blot their copybook tomorrow for sure.

     

     

    But can their reputation sink any lower, one might ask ?

     

     

    They have nothing to lose, everything to sing for.

     

     

    We will see/hear their true colours (and they won’t be fine)

     

     

    But surely Pat Nevin will be ALL-EARS when they are up to their knees in our blood

     

     

    He promised to report sectarianism and now seems like a good time.

     

     

    Oh well.

     

     

    CowPat LOL

     

     

    pigalle

  10. jtsTICks says:

     

    18 February, 2012 at 02:30

     

     

    My Big Sis was getting Married the day after Seville………………. Partick Thistle fan, His Dad would not allow him to follow any of the Big teams, comes from Maryhill and Married the Wonderful Mary.

  11. The Singing Detective says:

     

    18 February, 2012 at 02:37

     

     

    TSD, Thanks for the heads up on sites to check out.

     

     

    Right now I trust no sites, I put my faith in sites that have no following apart from the grass roots that stick as closely to the Bible as possible. America is out of Order if it thinks its a Christian Nation.

     

     

     

     

     

    Linked them many times before in my spanner

  12. I can’t sleep.

     

     

    Them going down is taking a toll on my life.

     

     

    Shaveless.

     

     

    Unwashed.

     

     

    Nothin done.

     

     

    Should I be applying to be a hun ?

     

     

    ok.. forget about that.

     

     

    pigalle

  13. So Rangers face Kilmarnock at Ibrox.

     

     

    What does the average bear think?

     

     

    Well we are F**ked for the league and I can get pished for less money.

     

     

    He never had to suffer.

     

     

    Our People cried forever, then we got a wee foothold.

     

     

    We started to build communities, wee worlds where people cared.

     

     

    We don’t cry now, but we remember.

     

     

    I will help you through this.

  14. pigalle says:

     

    18 February, 2012 at 02:42

     

     

    Auldheid has always advocated Patience.

     

     

    I think the man should be lauded often, especially as he is a senior person. It would be very easy for Auldheid to just take it easy. He is driving things on a Spiritual Level as much as anything else with his words.

  15. For the Treble betters…

     

     

     

    Over 2.5 @ 2.00

     

    Millwall v Bolton

     

     

    Over 2.5 @ 1.80

     

    Norwich v Leicester

     

     

    Over 2.5 @ 1.73

     

    Ipswich v Cardiff

     

     

    ………………..

     

     

     

    Odds will be over 6/1.

  16. Imatim and so is Neil Lennon on

    2010 Never Again

     

     

    The hun paranoia is ramping up.

     

     

    Next up they will be saying “The Unseen Fenian Hand” has played a clandestine part in the demise of the hun <:-)

     

     

    ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

     

     

    Today, 13:39

     

    Gordy61

     

    FF Squad Member

     

     

    Join Date: 19-03-2010

     

    Location: milngavie

     

    Posts: 858

     

     

    John Reid

     

     

    Don`t forget his role in the celtic plan.He`s a bitter bigot and political thug who made a career of manipulating people.He left the board but he hasn`t gone away,

  17. petec says:

     

    18 February, 2012 at 01:35

     

    ———————————-

     

     

    Semantics, I know, but I think that dingbat goes by the classy nom de plume of grandmaster suck.

     

     

    The earl of leven character is another ‘incoherent fool’ and it’s hard to tell the difference.

  18. just reading this article after getting in from the pub, I can’t believe the huns actually had the nerve to try and ADD to their payroll though really we shouldn’t be surprised at just how low they would stoop.

     

     

    and jesus, duff and phelps seem to be doing all they can to enforce their rather ‘dodgy’ image.

  19. jtsTICks says:

     

    18 February, 2012 at 03:08

     

     

    Thanks for the Link m8.

     

     

    Seeing my Big Sis happy took away the hurt from the night before. I Know we will be back where we really belong in the future.

     

     

    The whole ESTABLISHMENT KNOW Celtic are too big and too clever for this Country.

     

     

    The FUTURE OF CELTIC has never looked BRIGHTER.

     

     

    Fergus McCann to unfurl the Flag is essential now, and that is only if the Great Man Fergus can spare the time to do so. We must respect, as we always do, others wishes.

     

     

    The reception Fergus would get would Blow the ROOF of the Holy Ground.

  20. Yesterday I ventured into my office. I am still on sick leave, and the principal reason for my visit was to deliver my doctor’s letter. I could have mailed it, or my wife could have delivered it, but when I spoke to the CIO on the phone on Thursday afternoon, he said it would be great to see me, even on a flying visit, so I decided to go in.

     

     

    Australia being Australia, my work colleagues are multi-national, from England to South Africa to Japan to South America and beyond. Not forgetting a few Aussies and Kiwis of course.

     

     

    As we sat in the staff lounge, there was a steady stream of well-wishers offering me kind words of encouragement etc. It was a very relaxed atmosphere, until one Kiwi guy – not a nice person at the best of times – told a joke about Catholic priests and child abuse. Nobody laughed except the joke-teller, as is his wont. I just rolled my eyes and let it ride. He didn’t get the message. He told another joke in the same mould.

     

     

    “You know Locky,” I said. “In the UK you can be sacked for jokes like that.”

     

     

    “I’m glad I don’t live in the UK then,” he said. “Anyway, the Catholic Church embroils itself in this sort of stuff, so they have what’s coming to them.”

     

     

    My Irish colleague Angela had her say.

     

     

    “I just find it very said,” she said. “That as a parent, you find child abuse a subject to be laughed at.”

     

     

    At that, Locky got up and made a huffy exit.

     

     

    I don’t think Angela or I will be on his Christmas card list this year.

     

     

    Apparently later, after I had gone, Locky volunteered the opinion that “Tom’s stroke has affected his brain” – now that IS funny – at which point he was roundly told to “go forth and multiply”.

     

     

    As I said, not a nice person.

  21. pigalle

     

    thanks fothe banter past few nights

     

    been laffin myself silly at

     

    yer patter

     

    haha

  22. Tom McLaughlin says:

     

    18 February, 2012 at 03:23

     

     

    TAM, Keep posting as often as you can m8.

     

     

    And check with the doc the jelly and ice cream intakes.

     

     

    HH m8

  23. petec –

     

     

    Thanks mate.

     

     

    You know, I bet the sales director of the company that sells jelly and ice cream in Scotland, is sitting at home right now, looking at spreadsheets and scratching his head as he contemplates why sales have risen by 850% in the past week.

     

     

    Hail Hail

  24. Tom McLaughlin says:

     

    18 February, 2012 at 03:39

     

     

    Tam.

     

     

    Keep posting the MONSTER articles of olde m8 if your health allows, if not keep dropping prescient comments like you always do.

  25. Imatim and so is Neil Lennon on

    2010 Never Again

     

     

    We live in interesting times

     

     

    http://www.bbc.co.uk/sport/0/football/17079011

     

     

    Scottish FA to launch Rangers inquiry

     

     

    The Scottish Football Association is to hold an independent inquiry into the activities of Rangers.

     

    In December, the SFA said they would investigate Craig Whyte after the Rangers owner admitted that he had been disqualified as a company director.

     

     

    Now Rangers are in administration, the governing body say they are looking into “potential breaches of the SFA’s articles of association”.

     

     

    “We are concerned by the developing situation,” read an SFA statement.

     

     

    “New information has come to light since the appointment of the club administrators, Duff and Phelps.

     

     

    The chairman and his panel will be briefed by the chief executive, Stewart Regan, next week and will consult further with the administrators, Duff and Phelps, as part of their inquiry.

     

    “We have been guaranteed full co-operation by Paul Clark, representing the company.

     

     

    “The Scottish FA’s previous efforts in obtaining information relevant to the Fit and Proper Person requirement has been restricted by the club’s solicitors’ continued failure to share information in a timely or detailed manner.

     

    Continue reading the main story

     

     

    We expect the investigation to be concluded as quickly as possible

     

     

    Stewart Regan

     

    SFA chief executive

     

    “We now feel there is no option but to undertake an independent inquiry to establish the clear facts and to determine the extent of any possible rules breaches.”

     

    Regan added: “Since we have been unable to receive any detailed information requested in relation to Article 10, we feel we have no option but to appoint an independent committee to investigate a number of concerns we have raised.

     

     

    “We expect the investigation to be concluded as quickly as possible and will confirm the outcome in due course. We will be making no further comment on the investigation in the meantime.

     

     

    “Finally, I would like to reiterate the need to learn the lessons from this unedifying episode. It is essential that we work together to improve the overall sustainability and competitiveness of the game in this country.

     

     

    This is a matter that the Scottish FA is already in discussions with the relevant league bodies to address.”

     

    Paul Clark, joint administrator at Rangers later said: “We welcome the announcement by the SFA and believe it will be in the best interests of Rangers and Scottish football.

     

     

    “As administrators of the club we will co-operate fully with such an inquiry, subject to the terms of reference, and have indicated this to the SFA.”

     

     

    BBC Scotland broke the news of Whyte’s disqualification as a company director.

     

     

    And the Ibrox club confirmed the seven-year ban in a statement to the PLUS Stock Exchange on 30 November.

     

    The SFA have rules regarding office-bearers of member clubs.

     

     

    Their articles of association state: “The board must be satisfied that any such person is fit and proper to hold such position within association football.

     

     

    “The board… reserves its discretion as to whether or not such a person is fit and proper… after due consideration of all relevant facts which the board has in its possession and knowledge including… he has been disqualified as a director pursuant to the Company Directors’ Disqualification Act 1986 within the previous five years.”

     

     

    Item 123 of the SFA’s articles of association states that “the board has the power to fine, suspend or expel any recognised football body, club, official, player, referee or other person under the jurisdiction of the Association who has brought the game into disrepute”.

     

     

    Item 124 states that “for an infringement of any of the articles, a recognised football body, club, official, player, referee or other person under the jurisdiction of the association is liable to a censure, fine, suspension or expulsion – or any combination of these penalties – as the SFA considers appropriate in order to deal justly with the case in question”.

  26. Ok, it’s a beautiful, hot and sunny Saturday afternoon here on the Gold Coast. My wife and step-daughter are taking me to the Surf Club for a couple of ice-cold stubbies and a spot of lunch overlooking the ocean. Thankfully, I can treat myself to a couple of beers now and then. I shall savour them and enjoy the company and the ambiance as I try not to think of events back in Scotland.

     

     

    It will be hard, but I’ll endeavour not to grin inanely too often, lest they start to think I really am losing it.

     

     

    I wonder if they have jelly n ice cream for dessert.

     

     

    Cheers CQN.

  27. Margaret McGill on

    GCT they are just Philistines.

     

    There will be a day and it will be soon and we will laugh our heads off. But beware they will just want to kick yours and mine in. I see you did not take my advice and avoid those wonderful tasty Aussie beach barbies…the ones you put shrimp on I mean.

  28. Tom

     

     

    Good to see you posting :)

     

     

    Question to all

     

    If the Huns sing banned songs during admin

     

    Is 100% of the fine paid or do SFA disciplinary board become another unpaid creditor ?

  29. Margaret McGill on

    Hunnery Mints hunnery Mints too good to hurry mints

     

     

    The 7 heavenly “shins”.

     

     

    Indignation. Inflation. Administration. Liquidation. Annihilation. Cremation. Jubilation.