I can’t tell you how many statements I’ve read from those trying to bring down Newco Rangers (bonne chance) but not one comes near to approaching the key question: what can they offer the the men and women who own shares in Newco to convince them to accommodate their future aspirations?
Threats, intimidation and blackmail are all possible incentives, but no one has actually put a case forward which would compensate the investment made by the shareholders who, let’s remember, own all club assets.
An enormous assumption appears to have been made that hedge funds and various Easdales will capitulate and simply walk away and sign their paid-for assets over to a group who are regularly abusive towards them. It’s like 2012 all over again, when parts of the world assumed HMRC would capitulate and agree to a CVA for Oldco, despite all genuine evidence (i.e. published policy) indicating otherwise.
Game Theorists would have a ball with this scenario. Shareholders are being offered a choice, hand over your assets to a hostile opponent or attempt to continue with a vastly reduced business. The former option should not be taken seriously.
Question is, where does this particular game end? It’ll not be in an outcome satisfactory to many of those dreaming of ‘competing with Celtic’ anytime soon.
This mind-set should be familiar. It’s the same one which blamed Celtic, or small-minded small clubs, the SPL and/or SFA, blamed anyone, in fact, apart from those who endorsed years of overspend at Rangers, for their eventual demise.
Walking headlong into unsustainable debt is no different than walking headlong into a conflict with hedge funds who would sell your valued acre for landfill rather than be held to ransom.
I’ll renew my season tickets tonight (still annoyed I didn’t do so in time for the free ticket draw). Whatever happens in the wider scheme of Scottish football, one club will be supported ‘through and through’.
Yogi Bare – The John Hughes autobiography:
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TonyDonnelly
Are you saying that the Celtic Company Secretary is misleading shareholder representatives or that he in turn is being misled by his bosses?
He is the point of contact on this issue and if you are correct or your source is correct then Celtic are deliberately misleading shareholders.
Which is it? Celtic are dealing honestly with the issue or lieing to shareholders?
The Onion Flans:
THE ONION FLANS
W
“We expect to see full detail of who will be providing the £30-£50M required to take Rangers back to the level we should be operating at, in the absence of this board accepting the offer of investment from Dave King.”
Auldheid:
See this is where you and me differ, I think there is every point in taking them to court. Not to make money out of it, we’d lose money, but we’d win the case and written into bold big letters would be there for all to read from that day hence. That is worth putting EUFA’s nose outta joint over.
Should Kelly have played in Hungry?
Should Kelly have brought down the Tricolour?
Should Bosman have gone for a beer?
Like I said the other night, in life there are some things which can’t be bought, integrity and courage are both in that barrel.
No wonder I am daily being driven further away from that which I love because of gutless fence sitters.
Tell me this mate, in your opinion why did we brick it to give the swivel finger to the summit that is the starting block (or the most recent one) of all this angst?
How can a Tim who’d give Celtic his soul if he thought it would help be so disgusted?
HT are you real? You told me that wasent the original post, I took your word for that, now your playing silly little games, saying I posted it, your not right .
THE ONION FLANS
Working together to take stupidity to new levels
“We expect to see full detail of who will be providing the £30-£50M required to take Rangers back to the level we should be operating at, in the absence of this board accepting the offer of investment from Dave King.”
kitalba 15:26 on 24 April, 2014
Celtic would not be able to take part in European competition if the club went to court with the SFA.
Frank Ryan’s Whiskey:
A lot of historians think Smith was the reason the Allies won the war. A lot don’t. You know he joined the IRA and do you know the IRA sacked him.
Wiki is not the Gospel.
When is payday at the bigot dome?
Steinreignedsupreme:
Am I right in thinking that you are putting money before principles?
Bosman beat EUFA, I think if push came to shove so too could Celtic PLC and its flock of legal eagles.
GM- Got mine on Monday mate.
Auldheid
Listen, resolution 12 has gone out of your hands, it has nothing to do with you, you are kite flying in here very day, please no more it’s gone, you dropped or who ever will put there hand up dropped the ball, the suits reamed all of you, so don’t try and turn it on Celtic cause flecked up, you know you had an option and you never took it, or who ever it was, you sold out the people who gave you there proxy, and only you know why, so don’t point fingers at me, I wasent there,.
!!Bada Bing!!
No, he doesn’t, you’re correct. But he knows what we mean, and he knows we’re right.
Ernie-a bhoy posted that it should be today,last Thursday of the month.
Sometimes CQN is the best place in the world, sometimes the most frustrating. When we have a common enemy or a common cause we are outstanding when we don’t we get bored and pick at each other like children. I’m a better Tim than you, my Dad is bigger than yours etc etc.
Some observations.
‘Bon chance’ is what French people say to friends when they want them to do well, for example in exams. Pour examle. ‘Bon chance dans le Baccalauriat’.
‘Bonne chance ‘ or, more properly ‘Bonnes Chance’ is what they say to each other when they want someone to do badly. Donc: ‘ Vous jouez le foot comme une grandes chemise des filles, Stephan, allez a Partick Thistle tres vites’.
I blame Catholic schools for making us so clever.
A bientot .
!!Bada Bing!! @ 14:54,
“you have to admit,this is good…”
True, very true.
It’s took a while but they seem to be all over the goings on at Ibrox like a cheap suit…
Now for the solution ……. Ah???
Hail Hail
kitalba 15:32 on 24 April, 2014
Am I right in thinking that you are putting money before principles?
——-
I don’t put money before anything.
But it is les about money that survival.
Celtic rely on European football for survival. The future of the club is the most important issue. Therefore I don’t think the club should cut the nose off to spite the face.
A lot of people are great when it comes to talking principles, but when it comes to practice it’s a different story.
Corkcelt
Aye! And then there is tonyDonnelly awe 6’s and 7’s fawin oan his heid.
Wit tae dae?
MWD says aye.
Bada,
That’s nae gid to me neebs;)
I ain’t got mines yet. I was just wondering if others are delayed of if it’s lying at my old address.
TD67
Genuinely I don’t have a clue what you’re on about so probably best just to leave it there.
Hail Hail
I have always been sceptical of the King of Red Herrings.
Sevco have bamboozled zombies into parting with their hard earned giros since their inception two years ago through a cunning array of snake oil salesmen. I see this as no different.
I understand that there is a short window in late May between the ending of the 2013/14 season and the start of the 2014/15 season. A particular club could conceivably go into admininstration, dump their big contract ‘stars’ (including management) and come out the other end in days without incurring penalties
Not long after ITV’s coverage on Tuesday night ended, Athletico & Chelsea decided to keep playing until the game was resolved…
… it’s still 0-0…
ernie lynch 15:31 on 24 April, 2014
“When is payday at the bigot dome?”
Today.
kitalba
15:30 on
24 April, 2014
Frank Ryan’s Whiskey:
A lot of historians think Smith was the reason the Allies won the war. A lot don’t. You know he joined the IRA and do you know the IRA sacked him.
Wiki is not the Gospel.
===
I never knew he was an IRA volunteer so there ya go i did learn something from CQN Timiki cheers.
Blindlemonchitlin:
What does that translate to in English?
Blindlemonchitlin
“Pour examle”……… But not perfect!
ernie lynch
I think it is today:))
But I have been wrong often, as someone said the last thursday of the month.
Tony Donnelly
I simply take your point to its logical conclusion.
If you are right Celtic are deliberately misleading shareholder representatives.
I am confident you are wrong and it is to everyone’s benefit that you are.
HT
neither does TDA6’sA7’s
He’s on space dust or the like!
MWD says YES
Isn’t ‘chemise’ masculine? Only asking like
Steinreignedsupreme :
“A lot of people are great when it comes to talking principles, but when it comes to practice it’s a different story.”
I couldn’t agree more.
La chemise est feminin, …………non?
The Battered Bunnet
Tell the children that the cat is not dead, just a bit run down.
Put it in a cardboard box, and tell them, in no uncertain terms that the cat lives on as long as they don’t lift the lid on it…
If they do, it’s as deid as a deidco!
greendreamz
13:39 on
24 April, 2014
The Irishman who put down the Indian Mutiny of 1857 was………………….born in Lisburn.
http://en.wikipedia.org/wiki/John_Nicholson_(general)
——————————————————————————————————————–There’s a big statue of him in Market Square Lisburn
If he’s a statue errected in Lisburn in his honor he’s defo a hun …………………….remember only council in civilised world not to open book of condolence for Nelson Mandela but have massive statue to the UDR !!!!!!
Horrible place worked there for many years
Le Celtic porte une chemise verte et blanche CSC
Kitalba
We do not disagree. It would be a different world if principles had ascendency over politics but they do not.
If it is a choice of achieving nothing by sticking to principles or achieving something of an improvement by following the politics which way do you go if it is you that has to make a choice affecting more than yourself?
Sometimes in life it is the lesser of two evils rather than good over evil.
MWD
And then there’s you, the only guy in CQN with a XXL tooth brush.
The Season Book is of course a great way of ensuring income for the club and if people are in a position to buy one then I think they should…..
HOWEVER! I also think Celtic are missing a trick (still) and particularly in these straightened times when you have (a) and absence of real competition in the SPL (b) a very hard hitting recession which may well have hit our fan base more than others (c) a huge skewing of competitive football in Europe by ludicrous TV money deals elsewhere
So what trick is being missed? The membership trick. The £50 a year (or whatever you want it to be within reason) that guys like me would willingly pay in the absence of being in a position to buy a Season Book. In reality you could ask most Celtic supporters for £10 a month for ‘membership’, send them out a nice wee membership card, give them discount off home match tickets and more than double the money….. details can be worked out.
Anyhoo, a question and a thought – I have been to Paradise three times this season. I have paid for 2 adult tickets, 2 kids and an OAP on each occasion. I have bought two home tops at full price from the Celtic Shop in Belfast, scarves, hats, other bits and peices.
So the thought is – am I supporting Celtic financially any less than a SB holder and the question is – when I buy merchandise from the club shops am I supporting the club financially more effectively than buying authorised gear elsewhere?
Maybe Celtic, apart from the big SB push every year need to start looking at maximising the match to match ticket buyers, who, before Fergus McCann came along, were the lifeblood of the club. I reckon the core SB buyers are probably still based on the first wave of Fergus McCann era SB buyers when the stadium was limited to about 30K as it was redeveloped. Those folks are getting older, more family commitments etc. Have we done enough to get the next generation as firmly attached to the Celtic experience?
There are a myriad of reasons why attendances are down and no single one of them is the entire story. If a top Euro team come to town in a Euro competition the place will be filled, guaranteed. I think we should be aiming to get 40k at every home domestic match as a minimum and I think that would be a realistic and sustainable target core fan base. In the meantime, £10 a month from overseas punters like me, and those in Scotland who can’t get all the time, old grannies like my own (God Rest Her) who never saw Celtic in the flesh but was still a Celtic ‘supporter’ in every other sense, older guys and middle aged guys and gals who have other roads to spend their money on that SB’s but still want to contribute – these people are out there and it’s beyond time Celtic FC engaged with them.