The BBC report that police in England detained four men in early morning raids in relation to an inquiry into the purchase of Rangers by Craig Whyte (not one of the four) from Sir David Murray. This one has been a slow burner so far and although this is a significant step, there are still many layers to be unpicked. It’s been three years since I heard of what was going on in the dying days of Rangers, this step seemed inevitable, but as the years passed I wondered if anything would happen.
Please remember this is a serious legal proceeding, so act appropriately here and elsewhere online. Failure to do so could prejudice future prosecutions – and we don’t want to do that. No speculation on who is involved and what they may have done.
Why are we reading that the European Commission confirmed Celtic did not benefit from state aid? Good grief, if six of you get together and badgered someone into checking if Ronny Deila is in the Norwegian Red Brigade, would anyone subsequently report this nonsense?
Absurd fantasies being denied is not news, unless you’re analysing the absurd fantasists.
I see there are complaints aimed at Ibrox that they are “giving away the family silver to keep the lights on”.
What kind of fool has silver in the drawer but can’t put money in the meter? Football clubs, like all companies, have to keep the lights on and pay all creditors. If they cannot pay, they are legally obliged to sell assets. Failure to do so will result in the court appointing someone to dispose of those assets for them.
This is where Newco Rangers are now. The utter contempt for financial responsibility which has endured at Ibrox for over two decades, means that no one can afford to cherish whatever silver remains. It is perhaps even more futile to blame major shareholders for not accepting an offer to dilute their control and destroy shareholder value – which is an accurate description of Dave King’s recent approach.
Those shareholders were heralded a short time ago for putting their money where their mouths were when the legions of ‘Rangers men’ kept their hands in their pockets. Offering shareholders a deal which would jeopardise their chances of the financial return they expect was a waste of everyone’s time.
Newco is owned by people who have put tens of millions into it and who are looking for a financial return. Any forward plan has to recognise this reality. With trading conditions are severe as they are, the club will sell-off anything they have to compensate these shareholders and meet obligations to tax and trade creditors. Costs will be cut, and if income subsequently falls, cut again.
Having checked out Burton’s online this morning I think I’ve got Christmas sorted. I really hope we see the Sports Direct ‘flash mob’ protests deployed at another of Britain’s major retailers. They are up there along with State Aid campaigns as a productive use of time and energy by people with unparallelled levels of vision and clarity, who really need more focus more/tone down the hissy fits.
I’ve never been one for patriotism but if you’re off to Celtic Park tonight, remember to sing both anthems in the battle of the Celtic nations. This advice may change on Tuesday. It will be great to see Aiden, Shaun, David, Robbie, Martin and Gordon grace Celtic Park one more time. So many great memories…
You can get copies of Caesar & the Assassin, Billy McNeill and Davie Hay’s accounts of managing Celtic from Jock Stein’s departure until the appointment of Liam Brady, here. We’ve stopped taking orders for signed copies, which will only be available at author events going forward.
A CQN’er (and absolute star) has kindly donated two North Stand tickets to Tuesday’s Scotland-England game on Tuesday. He doesn’t want any money, but asked if I could get something for Mary’s Meals for them. Face value is £60 each. Email me before midnight tonight if you’d like them, celticquicknews@gmail.com
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Davidopoulos
16:05 on 14 November, 2014
GerryBhoy
15:51 on 14 November, 2014
You could put me on either list (born and raised in Scotland to Irish forebears) but if I really have to chose only one, put me on the Scotland list. )(
—————————-
Irish forebears or Four Irish Bears?
Coitenly not Mhan!
Re Post. Was missed first time around.
Put me on the Scotland list please.
International football – what a waste of a good week-end!
On the Huns
Sooner or later this all ends up back with Minty and his buddy GM
There must be a reason why no true blue RFC1873 men NEVER wanted to touch it!
Might take years a a couple of trials but I think that we will get there in the end
CFC can do very little to help all this roll along apart from keeping a low profile
Yesterday’s decision by the EC on the ridiculous accusations shows the lengths the Huns will go to to cause bother
As Paul67 says “never interrupt your enemy when he’s making a mistake!”
ebenezerscroogeCSC
HH
Who has Sally backed, from the guys who got lifted?
Text from Miss Prestonpans two hours ago “heading back to Edinburgh as boyfriend forgot tickets” and my reply was “serves you right for going out with a Hertz fan”
Chance for Georgia well over the top. Still nil all 22 mins gone.
Chick Hun already baking Minty’s cake, with a large file in it.
Succulent sausages & mash.
Justafan @ 17:11
I commend you for your good taste (in women, if not in football teams) .
And I will bow out …. not because I’m afraid that Torontony will show this blog to my better half …. absolutely not because of that …. but, Torontony…. you wont, will you?
The Green Man,
Why are you so negative?.They were put into administration in Scotland,they were liquidated in Scotland,they have gone from disaster to disaster in Scotland.They may have had lots of help from the powers that be,but I can really understand these peoples reasoning.No matter what some of us say,we do have a two horse race,which gets us our TV money,our attraction to the wider world.If you think different,your head is in the sand,like the hordes that think they did not die.We had guys come in,who had no connection to the mortally wounded animal,who were under orders to maintain the SPL.
They thought,we need the huns to survive this.All thoughts of whats right and whats wrong went out the window.Make sure the SPL survives,was the call.The two innocents abroad tried their hardest,under orders to make that happen.
I have no hate against these people,they had a job to do,and missing a box office draw was never going to appease the likes of Sky,sponsors,etc.
As time has gone by,and the initial panic,and talk of Armageddon has passed,we see a toning down of the appeasement offered to the dying animal.Yes,they still have Ogilvie on board,but whos fault is that?.
I amm not saying any of the people I have mentioned are saints,but,they had a job description when they took up their posts.Rightly,or wrongly,they thought that the hun was needed to complete this.
I am no apologist for these people,but next season ,if the hun gets promoted,we will see a bunfight from sponsors and TV companies to promote Scottish football,allied to a massive increase in Celtic ST sales.So we,as a support are not immune from the demise of the hun.
Many wont agree,but wait until next season,and tell me if I am wrong.
Ireland for me.
Bada b
:))
Almost a goal for Poland. Good stop by keeper.
two poor teams equally matched. Hope for an early goal for an exciting game. If Scotland don’t win then I hope Ireland do….a draw is not much use to either
Geordie munro@17:22
Contender for joke of the night :-)
MikeinToronto – Your secrets are safe with me for the time being, I loved the Irn Bru tablet scoff that Hvarski Jim brought ye. It was good to see you both at the club last week. I’m heading to the club for the game today, should be a good mix of scotch and Irish; Guinness for me of course.
slainte
tony
5.30 update
Additions or changes – just email me at jobobaldie@yahoo.co.uk next update at around 6.30… ;-)
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Due to circumstances beyond his control Craigy Whyte will not be able to attend the launch party for Caesar & The Assassin next Friday at the Greenock CSC. It’s a real pity as he would have been most welcome and would have enjoyed himself.
I was also looking forward to him telling us how much he would want to pay.
Tickets are on a pay what you can basis (min £1 , max £10 and it is heading for a complete sell-out. If you want to reserve tickets, email me, saying how much you want to pay per ticket, to david@CQNMagazine.com and we’ll send you a paypal link.
All the CQNers have choosen to pay £10 – with ALL the money going to the Inverclyde Foodbank.
Craigy bhoy? He prefers to pay a pound.
PS Got through the ASA hurdle AND the Herald so we are good to go, barring some wee text changes/ arguments ahead….
Great blog today.
I wonder if Cashley is reading this.
What is his game.
After today’s revelatons I think he’ll cut his losses and run. The stench can only damage his main business.
On the next episode of soap…….
HH
Sides actually sore from all the laughing today……
South Of Tunis @ 16.58hrs
“Euro fitba preview on Italian radio-
Pundit opined this re Scotland v Ireland-
” a typical British cup tie”
——————————————–
I’m sure I heard NFL describe the game in a similar vein.
I understand what they mean————–I think.
HH, and here’s to a cracking Friday night game.
Goof stuff winning captains. Any idea of the average sub per person needed to cover expenses.?
Torontony
Thought you might be lurking!
‘for the time being”?!
Enjoy the game, mo chara
Goof = Good
Italy v Croatia – Sunday night – Milan.
50 k tickets sold.Big by current Italian standards.Trouble expected..
Much hoo hah in the media re Conte doing a big about turn and including Balotelli.Media have suggested that stemmed from sponsor pressure.Modern fitba !
http://youtu.be/DkprUXMl8K8
A HUN at home tonight as the six o’clock news comes on the telly.
37 mins gone Georgia still nil all. Georgia have had a few chances but are Seboesque in their shooting.
Georgia miss the best chance of the game.
As Corkcelt says – Sebo.
C’mon Scotland.
Absurd experience of supporting blue team against green team at Celtic Park coming up.
Balanced by 10 on wee Sean to get 2 or more at 60/1.
And Aiden to score anytime at 7/1.
2-1 Scotland will do me.
Georgia miss great chance. Should have scored that one.
Best wishes to all Fenians and uncrushed rebellious Scots tonight,blood of blood,bone of our bone,This Is Our City ;)
WC-Great news re advert, given today’s news, timing could be crucial for maximum impact. HH
Irn Bru tablet. Fresh from the Celtic shop at Glasgow airport.
Oh, and if Duff & Phelps are found to have been appointed in illegality, then bottom line surely must be that original major creditors get to re-administer the assets with their own appointments…
Roll up, roll up, HMRC…
Jelly and ice cream?
Nah, this one’ll be Champagne and Caviar.
Right off to the pub for a “pear of teeth”
Poles miss a great chance
0-0
I’d quite like that final score.
Half Time Nil All. Poland look more dangerous in attack but Georgia have had a few chances but are wild in their shooting.
Not sure if I’ll watch the game …missed the BV session as couldn’t get away from work …huff
I’m ooot for an Indian, meal not lassie, will check in after game for either celebrations or condolences or stalemate.