Did Dave King honestly say there would be a “forensic investigation” before newco, under his control, would repay Mike Ashley’s £10m loan? This, before the second tranche of the loan, which the club will need to meet payroll, is paid, and while Ashley could acquire an array of property and IP assets by simply not transferring the money when expected.
Unnecessarily provoking the source of short-term finance your club is dependent on is a bizarre tactic.
If it is indeed “the end” for the current newco board, as King promises, said board have a matter of weeks to secure whatever assets they can for those who have previously invested in the club and provided loans.
The crux of King’s comments are reported as:
“Would we pay [Ashley] immediately, I don’t think so no. We would complete a forensic investigation.
“If David Somers’ indication is correct that there has been some malfeasance then it is possible that the club would have a claim then I would attach the money and make a claim.
“If any individuals behaved improperly then it is important that they are held accountable.”
There’s a scene in Pulp Fiction when an unfortunate predator, “Z”, is informed that some African Americans are about to “Get medieval on his ass”. We don’t get to see what this means but stay tuned, between now and the EGM, Mike Ashley might just provide a demonstration of what Tarantino had in mind.
Remember, Ashley is not at Ibrox because he fancies being the next David Murray. He is not interested in the godforsaken world of having to run a football club in Glasgow, he’s happy to allow others to carry this burden.
He may well allow King to ‘win’ the EGM, but the spoils of victory will be very much on his terms. Trying hard not to imagine Paul Murray in a leather mask now.
Today is World Cancer Day. This disease has taken too many from the blog already, not to mention millions across the globe. There is a lot of good news, though. Progress is being made, but many in the developing world need access to simple preventative treatments, methodologies and information.
The preventative message still needs to get through to a great many in the developing world, before it’s too late. Here’s a video outlining where the battle is at the moment:
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Children of the Sun
See your time has just begun
Searching for your ways
Through adventures everyday
(thumbsup)
I hope Stuart Armstrong got his essay in on time. :-)
Happy Wednesday all.
Big two weeks ahead, Scottish Cup, the Glasgow derby and then a wee team from Italy.
Who needs them?
Not I.
HH
my computer is @@@@@
Jim Plunkett top 10!! H H
Reservoir Monkeys.
NHIT
Ulcyr
There’s a scene in Pulp Fiction when an unfortunate predator, “Z”, is informed that some African Americans are about to “Get medieval on his ass”
“Zed’s dead, baby. Zed’s dead.” (thumbsup)
Tony McGlennan,finger out on Elbows assault on Griffiths,and possibly Guidetti too.
John Fleming,finger out on Thomson’s officiating on Sunday.
SFA,finger out on TRIFCo trampling over every rule and sense of fair play that other clubs abide by.
MSM,finger out on your ridiculous fear of reporting the facts about that lot.
Too late for the last one,that boat has sailed. But the other three,they will show if the times they are a-changing.
Not holding my breath.
really I’m getting strange things at the bottom of my screen
elements, pockets lots of symbols and numbers and when I type anything the beginning of a lot of sentences goes awo
looks like a new one asap
Any news on KC contract yet?
HHl
cancer.. horrible disease.
Theres barely a family who hasnt been affected by it.
“It’s not a football club baby its an embarrassment”
“Who’s embarrassment is this?”
“Z’s”
“Who is Z?”
“Z is dead baby, z is dead”
And Ronny drives off.
Jims dad Jimmy poured me my first pint in Neesons pub now called the Barnyard.
1/5d. It was the old pint of light. None the smooth guff you get nowa days.
“Did Dave King honestly say ”
———
Errrrrr, flaw there already, Paul!
It’s all building nicely toward an interesting EGM across the city
PAUL67
I know it’s a bit rich coming from me,but I thought Paul Murray’s face WAS made from leather.
Certainly looks as though it’s been tanned once or twice.
Paul67
Was the james mcclean move a possibility at all ?
Whats latest with commons… ?
Hard call for board. Id like to see him stay but not sure about 2years.
Seems unfair but i do feel its a tough call for the board.
jude2005 is Neil Lennon \o/
12:49 on
4 February, 2015
I work with his son. Sad times. It was nice to see your kind words yesterday.
Truth_Beauty_and_Freedom
12:43 on
4 February, 2015
I hope Stuart Armstrong got his essay in on time. :-)
:-))
HH
Reservoir Dogs 2: Reservoir Huns
Starring:
Mister Whyte – the mastermind of the heist
Mister Green – the con artist planning to rip off Mr Whyte
Mister Brown – the Deedsfinder General
And introducing Alistair Murdoch McCoist as Mister Blobby – the guy who waddles away with all the money. (thumbsup)
From chimps to gimps.
Could the game be about to enter the fifth quarter?
Hi Paul67,
When are you going to change the Blog name to ‘TRQN – The Rangers Quick News’? Or perhaps ‘OFQN’ might resonate better with you?
It seems to me that far too many of your articles are about that team from the Championship. I wouldn’t dare to make assumptions about the Celtic Support in general or indeed about CQN readership in general, so I will speak solely for myself here, and hope my thoughts resonate with more than a few CQN readers.
I have to say that other than hoping that their Club/Company dies, never to be reborn, and sinks with everything that is bad about them, I am not in the least interested in reading about them. It is frankly boring and repetitive and nauseous… Thank God there are lots of good CQN’rs on here who just want to talk about the Celtic!
Yours in Celtic,
TB&F.
Dave King outlines the future for Sevco, speaks of the interests of transparency and vows that nothing will be swept under the carpet. The task, he says, will be similar to that of the Truth and Reconciliation Commission in South Africa.
Judge Southwood:
“We saw King testify in chief and in cross-examination for four days and are unanimous in finding that he is a mendacious witness whose evidence should not be accepted on any issue unless it is supported by documents or other objective evidence. It was remarkable that King showed no sign of embarrassment or any emotion when he conceded that he had lied to the Commissioner in a number of his income tax returns. In our assessment he is a glib and shameless liar….As his evidence progressed it became clear that he has no respect for the truth and does not hesitate to lie”
Can’t think of a better man to head up the Commission.
Paul67
I’m not ‘au courant’ with business practices in these days of Trump Golf Courses and Sir Alan Sugar Tv Series…
But is it common practice to bit the hand that feeds you more than once? – especially when there’s no other food on the immediate horizon?
Indeed Warren Buffet has it better…
‘Indeed, if you aren’t certain that you understand and can value your business far better than Mr. Market, you don’t belong in the game. As they say in poker, “If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy.”‘
JUDE2005
Do you remember Lorimer’s from the late 70s?
Ushers by another name.
Their lager looked like heavy,their heavy looked like Guinness,their light looked like your worst nightmare.
All undrinkable.
JP R I P
Proudbhoy, expect Commons to stay, no info on McLean.
GlassTwoThirdsFull, aye, very good!
When the game enters the Latin Quarter, they’re really in trouble.
BOBBY MURDOCH’S, I hear you.
Truth_Beauty, aye, I know. So few rules on what you can write about on this place. Good job, too.
ulysses mcghee – Indeed Warren Buffet has it better
Alistair McCoist has never walked away from a Buffet. (thumbsup)
Dave king riding in to save the club !!!!
3 years to late Dave :-) HH
Dave King … truth, honesty …
I can’t actually be bothered. It’s just too easy to be any fun.
PROUDBHOY
Kris’ game has never been about pace,it has always been-with us,at least-about playing regularly and when he does that he does the business for us.
Look at the way he made the space for the goal on Sunday. That wasn’t pace,that was quality.
Btw,you’ll gather I watched the highlights someone posted!
Paul67
To be fair, Truth_Beauty, wasn’t commenting on what could be written, more on how many times it has been written por cierto
Philvis
Especially a sausage roll buffet…
U
BMCUWP
I do remember Lorimers. Was there not also a Robert Burns Ale at that time. Dreadful stuff as well I think
Jimbo67
Paul67
Cheers.
What King says to the public via the media should be taken with a pinch of salt. His Private conversation with Mike Ashley will be quite different- I reckon it would have gone like this:
Now I’m the king of the swingers, the jungle V.I.P
I reached the top and had to stop
And that’s what bothering me
I want to be a man, man-cub, and stroll right into town
And be just like those other men
I’m tired of monkeying around
Now don’t try to kid me, man-cub, I’ll make a deal with you
What I desire is man’s red fire to make my dreams come true
So give me the secret, man-cub, clue me what to do
Give me the power of man’s red flower so I can be like you
Ooh-bi-doo, I wan’na be like you
I want to walk like you, talk like you, too
You see it’s true, an ape like me
Can learn to be like you, too
Now don’t try to kid me, man-cub, I made a deal with you
What I desire is man’s red fire to make my dream’s come true
So give me the secret, man-cub, clue me what to do
Give me the power of man’s red flower so I can be like you
Ooh-bi-doo, I wan’na be like you
I want to walk like you, talk like you, too
You see it’s true, an ape like me
Can learn to be like you, too
Break it down boys, break it down boys, break it down
Break it down boys, break it down boys, break it down
Now I’m the king of the swingers, the jungle V.I.P.
I reached the top and had to stop
And that’s what bothering me
I want to be a man, man-cub, and stroll right into town
And be just like those other men
I’m tired of monkeying around
Ooh-bi-doo, I wan’na be like you
I want to walk like you, talk like you, too
You see it’s true, an ape like me
Can learn to be like you, too
Can learn to be someone like me
PHILVISRETURNS 1258
You can retire after that one,mate.
Excellent.
Hi Paul67.
Thanks for the reply, and the gentle reminder :-) that even slightly(?) provocative contributions like mine at 12:55 are always welcome on the Blog. :-)
Yours in Celtic,
TB&F.