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Arrests, Celtic nations, absurd fantasies, selling the silver

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By on CQN BLOG & Comments

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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  1. petec on

    setting free the bears for Res. 12 & Oscar Knox

     

     

    00:53 on 15 November, 2014

     

     

    A nice wee bit of LSD. I love it when musicians get loose and ragged live.

     

     

    Lake Street Drive

     

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

     

     

    Pretty good stuff, I was drawn in by the Title I’m afraid to say, hey, what can I say.

     

     

    Are hun Supporters really just rich girls?

     

     

    Anyway, from Bach in the day, a bit of NorthSide, I really hope Aberdeen go from strength to strength and the rivalry that is being formented, creates a crossbreed of firms, so Scotland can get better. It is all about Celtic though, the most Creative Club in the World.

     

     

    Sleep Paralysis is an end event of “opening up your mind”.

     

     

    There is always a solution, och aye there definitely is.

  2. setting free the bears for Res. 12 & Oscar Knox on

    BGX

     

     

    I hate curtain twitching hypocrisy. If that scenario fits your people….

     

     

    These things were visited upon Celtic and Celtic fans by the SNP. Some of their agents work very hard on here to convince us it had nothing to do with their hurried legislation and bloc voting. I admire the Yes men who were not party hacks and know that this wrong needs to be righted.

     

     

    Meanwhile you give it out to the Irish on here and to the Scots who sing Corries songs.

  3. TheLurkinTim on

    Thanx BRTH,

     

     

    normally : I’d ave given something short shrift, but my bloods up ;-))

     

    ta H.H.

  5. macanbheatha Oscar Abú on

    BRTH

     

    I still have that LP must be 50 yes now

     

    The sleeve is in tatters and quite a few hops and skips when it’s played which it is every now and again. The eldest son used sigh and say “AW no ma da’s playing his big CD again ” :-)

  10. Delaneys Dunky on

    G64

     

     

    Hope your son is not attending the game on Tuesday. I know for a fact that every scheme in Glasgow is going into the town looking for violence with English casuals.

  11. BGX on

    SFTB.

     

    as i have said before..i dony vote SNP..i think the OB should be repealed..and i dont understand your last paragraph…

  14. Gordon64 on

    roy c

     

    Well said.

     

    Whatever narrative spin

     

    i was there and witnessed the ugly side of Scotland.

     

    We might have won a football match but

     

    we as a nation are diminished.

     

    HH

  15. Margaret McGill on

    Whats worse….

     

    Irish sectarianism or Scottish sectarianism ?

     

    Scottish I guess coz we have huns

     

    You can thank Celtic for that

     

    oh yeah and WGS is a proddy dog anyway!

  18. Up like a bird on

    (sing’s)…….”And sent them homewards tae think again ! ”

     

     

    Naw you never ,ye voted Naw !

     

     

    Co Kds

  20. TheLurkinTim on

    BRTH

     

     

    dammit, sounds like one of them ephemeral faerie mounds i once stumbled upon ;-))))) either that or i was mega stoned ;-))

     

     

    H.H.

  27. the_huddle on

    ticgaz

     

     

    Sky news reporting a 22 y.o fan died at Celtic Park tonight

     

    after falling from a stand.

     

    ————-

     

    Fucking awful

  30. Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma on

    WC

     

     

    Gratuitous Alienation — at 1:20am Gratuitous Alienation occurs when the woman in your life says “get off that feckin computer or piss off into the spare room — and no I don’t give a shit that the wee bug eyed shyster is on the run or what he uttered….. or to who….. and switch the light off on your way out!”

     

     

    That is gratuitous alienation!

  32. Just Another Tim on

    Gordon64

     

     

    There are always going to be idiots, no matter what age, beliefs or loyalties. It is unfortunate your boy has witnessed the events and has soured how you both feel about your support for the National Team.

     

     

    It is embarrassing how the louts and bigots behave in our names. it is more than embarrassing, it is rage inducing. Unfortunately, you sound in the same situation as myself. I love Scotland, I love living here and I love Celtic. Sadly we are both in the minority within a stadium of supporters representative of our nation.

     

     

    I gave up a long time ago attending Scotland matches for the same reason, I am still a Scotland fan though :)

     

     

    HH

  41. petec on

    Fred,

     

     

    I agree, very sad. A family will be devastated because 22 is very young.

     

     

    Delaneys D,

     

     

    That is not good to hear. I’m sure Police Scotland will give this the same attention that they give the Green Brigade.

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