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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ACGR
That`s funny……who told you it?
JJ
PS 0:-)
Good to see the SFA’s stringent governance of our national game has again been vindicated.
Even the dogs on the street knew the sales of Rangers and then their Zombified carcass were bent transactions. But the SFA deemed it all to be “fit and proper” as anything was acceptable to them provided it enabled some form of Rangers to continue in Scottish football.
Please put me down for the Ireland list.
Not putting my name on any list in case folk jump ship:)
So it’s MO’N’s Ireland for me.
Hail Hail – Off oot.
Hibernia
Ireland for me please
Corky, are you aff yer nut?
Of course it’s deserted, they’re all in the BV plundering ra bevy aff OldTim.
Might see you at the Salzburg game, although I appear to have lost my brief….FFS!!!
HH bruv
JJ, do me the honour of allowing me one original thought per day:-)
HH
This is turning into a very fine Friday indeed!
Born in Glasgow. Maw from Dublin, da from Donegal.
Ireland for me.
Ireland, please. Aiden to score.
Paul67 et al
Scotland for me.
Caledonia 3 Hibernia 1
ACGR
Are you staying in Glasgow after the Salzburg game?
JJ
ACGR – Scotland, there can be only one.
Off to watch Pole dancing………………………..I mean Poland.
C’mon Alba!
I’m actually having to limit my enjoyment of the ibrox soap opera to about 1 hour a day now.
I see Burton have apologised etc per http://www.bbc.co.uk/news/uk-scotland-glasgow-west-30053689
But while you read the article, I have a challenge for you:
The original photo is included in this piece. Look the players in the eye one by one and try not to laugh.
Once you’ve done that, identify which of them gave rise to, or otherwise inspired, Ben Turpin characters.
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. )(
Thomthetim,
Aye I know. Just joshing neebs ;)
JJ, probably but nothing booked yet.
Fancy it?
ireland for me please
ACGR
I just read it again……and it made me laugh again!
HomersimpsonCSC
ACGR
Yes.
JJ
If Justafan means Jessica Alba, I want to be on that list as well!
bournesouprecipe
15:20 on
14 November, 2014
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?
========================
Absolutely but given we are now in criminal territory I think it will be much more difficult for SFA to carry on as if nothing has happened and the SFA played no part in it.
The Save Rangers At All Costs has been in play since 2011 right through to date including UEFA 2011 licence and LNS, but all costs now means the cost of our game and any testimony by the arrested that will only confirm what Charlotte Fakes put out there will make it impossible for SFA not to respond to charges of incompetence if not compliance.
I would not sit amongst/near the SFA dignitaries at the game tonight!
Mum from Glenties ,Donegal,added to that i find it difficult to be enthusiastic about this country,a draw for me.
Sir Paul
Never Furget this Advice… Son..
“Whenevah Wan Decides tae Invest Wan’s..Money ..
the Following Two Rules must be peyed attention..
Rule Number One: NEVAH Mak an Investment..
To LOSE Money.
Rule Number Two: NEVAH Fugeet.. Rule Number One!
Kojo’s Two Rule Dictum…….. concerning, the Investment of Wan’s Dough..
Is.. Inviolable.. that is..
If ye ur considered tae Hiv Awe Yer Marbles!
Of Course, If ..As it Appears tae Me..
There ur a Hellava Loata Investors in the Sevco Carcass…
Who..are Soitenly No..Playing wi a Full Deck!
It maks me wonder…
If M.A. is Awe that he is Cracked up tae be..as a Bizness Tycoon.
He could be a Mug… Possible?
Hey..if looks ,tae Me, that He is~ Mair n Mair.. it sure Diz.
Whita Mess..
Anywey..the Ibrox Chanty must be Ready tae Burst…
Doncha Think?
Ah Dae!
Kojo
Still,Laughin’
The Battered Bunnet
15:51 on
14 November, 2014
The original photo is included in this piece. Look the players in the eye one by one and try not to laugh.
Once you’ve done that, identify which of them gave rise to, or otherwise inspired, Ben Turpin characters.
++++++++++++++
At least two and I had to laugh.
TBB
A couple of Ben Turpins there but I liked the Hoops and One Star. Most apt.
JJ
Cut and paste and add yerselfs.
Lazyfeckers csc
Sipsini
COYBIG.
get intae them
Strange that neither BBC or STV have any mention of CW arrest warrant?
Has the UFH hacked the Scotsman site, it is indeed far reaching.
auldheid- We can only hope the SFA are under pressure to have verified the legalities of anything Oldco/Newco,but who will put them under pressure? UEFA/FIFA were not interested.HH
https://pbs.twimg.com/media/B2ZB_ZmIUAACjG1.jpg
Manna from heaven,a wee Christmas earner for those pesky rogue T -shirt sellers
SCOTLAND –
Jobo
67 European Cup Winners
Craigellachie 10
bournesouprecipe
Robcfc
Kölncelt
Gene
cadizzy
M6bhoy
Sipisini
bigrailroadblues
Kilbowie Kelt
Oldtim67
Jamesgang
SFTB
Blantyretim
Richie
IRELAND-
Philbhoy
CaltonTongues
Jane Field Street
The Exiled Tim
FourGreenFields
Frank Ryan’s Whiskey
Mike in Toronto
corkcelt
Kilbowie Kelt
Jamesgang
TBB…………………..ha ha belter. There’s not one of them that doesn’t have pontoon eye’s.
Nothing’s changed in three generations then.
Scotland
SCOTLAND –
Jobo
67 European Cup Winners
Craigellachie 10
bournesouprecipe
Robcfc
Kölncelt
Gene
cadizzy
M6bhoy
Sipisini
Jonny the Tim.
HH
Rock Tree Bhoy
15:26 on
14 November, 2014
Fess19 at 14.44
so according to the beeb they were never liquidated OR relegated…..think just maybe they are trying to get their ban rescinded…
————————————–
Of course Charlie G’s Rangers were never “relegated” because the were a NEW club and had never existed before. They had to apply as a new club to join SPL/SFL and as we all now they were allowed to join.
The old currant buns are dead just like the Blue Parrot, and after today’s announcement
I hope they are consigned to history and we never have to face them again.
HH
HH
Mike in T….cold shower for you :-)