Arrests, Celtic nations, absurd fantasies, selling the silver

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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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1,736 Comments

  1. Jungle Jim Hot Smoked on

    Gene

     

    Thanks. Just looked it up. Pretty difficult for the standard of crossword I was doing!

     

     

    JJ

  2. nice of the police to time the announcement with the arrival of thousands of irish fans in glasgow.

  3. Marrakesh Express on

    Anybody know whats goin on over at the house of bigots?

     

    My mate just textd to say he passed by and a tv van was getting rigged up, with a red carpet rolled out.

     

    I waited on the punchline but no jest.

     

    Anyone?

  4. Jungle Jim Hot Smoked on

    As regards the Scotland / Ireland support list, put me down for : Darcey Bussell Dances Hollywood which is on at the same time. Ya Dancer!

     

     

    JJ

  5. Jungle Jim Hot Smoked on

    Marrakesh

     

    ….and after the red carpet came a mahogany desk and a swivel chair, perhaps?

     

    JJ

  6. 67Heaven ... I am Neil Lennon ....The angels are with Wee Oscar in Heaven.. Ibrox belongs to the creditors on

    As my moniker stated for over 2 years, TRUTH AND JUSTICE WILL PREVAIL ……please note my current moniker …..IBROX BELONGS TO THE CREDITORS ……… . Now, where are my sedatives……..!!!!!!!!!

  7. 67Heaven ... I am Neil Lennon ....The angels are with Wee Oscar in Heaven.. Ibrox belongs to the creditors on

    Me, ireland

  8. italiabhoy

     

     

    15:00 on 14 November, 2014

     

    nice of the police to time the announcement with the arrival of thousands of irish fans in glasgow.

     

     

    ——-

     

     

    I suspect that the guilty ones will struggle to mingle in and disappear in that crowd!

     

     

    Almost at the Big G! Bhoy I have a druth!

     

     

    HH jamesgang

  9. mike in toronto on

    In spite of the fact that I was born in Paisley, and haven’t been back to ireland (donegal) since I was a kid … and in spite of the fact that some players I worshiped (e.g., Charlie, Paul McStay) played for Scotland, it is Ireland for me all the way. (although I hope that Maloney does well)

     

     

    Always liked GS (not always the football his teams played), and used to think that he ‘got’ Celtic…. however, his comments of late have made me think that he is simply smart enough to play to his audience, and was maybe playing to us… lost some respect for him.

  10. bournesouprecipe on

    SCOTLAND –

     

    Jobo

     

    67 European Cup Winners

     

    Craigellachie 10

     

    bournesouprecipe

     

    Robcfc

     

    Kölncelt

     

    Gene

     

    cadizzy

     

     

    IRELAND –

     

    Philbhoy

     

    CaltonTongues

     

    The Exiled Tim

     

    FourGreenFields

     

    Frank Ryan’s Whiskey

  11. The Battered Bunnet on

    Put me down for Scotland.

     

     

    On second thoughts, please don’t, that’s a bit severe. Just include me in the list of those looking for a Scotland win tonight.

  12. Jungle Jim Hot Smoked

     

    14:54 on

     

    14 November, 2014

     

    Crossword help required:

     

    “Good man on film to leave the script as it is (4).”

     

    I have : -T-T.

     

    JJ

     

     

    STET

  13. prestonpans bhoys on

    Scotland/Ireland list

     

     

    If you are first generation scots does that mean you can add your name to both :0)

  14. bournesouprecipe on

    SCOTLAND –

     

    Jobo

     

    67 European Cup Winners

     

    Craigellachie 10

     

    bournesouprecipe

     

    Robcfc

     

    Kölncelt

     

    Gene

     

    cadizzy

     

    The Battered Bunnet

     

     

    IRELAND –

     

    Philbhoy

     

    CaltonTongues

     

    The Exiled Tim

     

    FourGreenFields

     

    Frank Ryan’s Whiskey

  15. Comical ally on SSN saying he can’t comment on a police investigation then comments on it, he looks ill and baldy HH

  16. Stet is a form of the Latin verb sto, stare[1] used by proofreaders and editors to instruct the typesetter or writer to disregard a change the editor or proofreader had previously marked. This usage comes from the third person singular form, present tense, active voice, subjunctive mood of the verb. This usage, called the jussive subjunctive,[2] is typically translated as, “let it stand.”[3]

     

     

    This convention is usually marked by writing and circling the word stet above or beside the unwanted edit and underlining the selection with dashes or dots.[3] Alternatively, a circled tick may be used in the margin.[4]

     

     

    In connection with this usage, stet is also sometimes used as a verb, e.g., “Stet that colon.”[3]

     

     

    It has also been used on the blackboard in school rooms to mean “do not erase this work”.

  17. thomthethim for Oscar OK on

    Thanks to all for the pub suggestions. Looking forward to seeing some happy Irish fans on the 5.30 News.

  18. I know I doctored the list but ye all keep dropping my name off the Ireland section.

     

    Infamy Infamy

     

    Come on ye Boys in Green

     

    Glasgow is Green & White

     

    All together now “Soldiers are we”

  19. bournesouprecipe on

    What a shambles.

     

     

    The whole show should have been quarantined for the 2012/13 season while the truth was established. The rush to get them back into the league created a monster and it has attracted all sorts of unsavoury characters into the game.

     

     

    Scottish fitba will never properly move on unless…

     

     

    1. “Rangers” start again. Properly this time. No history. New club. Trophies bought with EBTs are wiped from Oldco’s history.

     

     

    2. Root and branch purge at Hampden. Ogilvie, Reagan, Doncaster, Bryson et al should get their jotters.

     

     

    If this had been done properly in 2012 we’d probably have a financially stable, fan owned, Newco Hun moving through the leagues, more transparent governance and far less bitterness between supporters.

     

     

    The lesson wasn’t taken last time and I doubt it’ll be learnt this time around either.

     

     

    How much longer are we going to allow these deluded, self-entitled, innumerate fantasists to shame the sport?

     

     

    eionel_jessi

  20. Marrakesh Express on

    I’ve jumped ship to Ireland but its 51-49 if I could put a number on it.

     

    Main reason is the masonic ridden, corrupt, Ogilvie influenced, hapless, insular, ball and chain round the ankle of Scottish football, SFA.

     

    That swayed it.

     

    I’ll remain a hypocrite for the 90 mins though and if Scott Brown scores I wont mind.

  21. A Ceiler Gonof Rust on

    SCOTLAND –

     

    Jobo

     

    corkcelt

     

    67 European Cup Winners

     

    Craigellachie 10

     

    bournesouprecipe

     

    Robcfc

     

    corkcelt

     

    Kölncelt

     

    Gene

     

    cadizzy

     

    The Battered Bunnet

     

    acgr

     

    corkcelt and his family

     

     

    IRELAND –

     

    Philbhoy

     

    CaltonTongues

     

    The Exiled Tim

     

    FourGreenFields

     

    Frank Ryan’s Whiskey

  22. isn’t it amusing and telling that the BBC article on the four arrests does not use the word ‘liquidation’. impartial? my bahookey. I ask myself why I pay the license fee.

  23. Jane Field Street on

    SCOTLAND –

     

    Jobo

     

    67 European Cup Winners

     

    Craigellachie 10

     

    bournesouprecipe

     

    Robcfc

     

    Kölncelt

     

    Gene

     

    cadizzy

     

     

    IRELAND –

     

    Philbhoy

     

    CaltonTongues

     

    Jane Field Street

     

    The Exiled Tim

     

    FourGreenFields

     

    Frank Ryan’s Whiskey