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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Blindlemonchitlin
And shouldn’t it be Partick Chardon? (checks carefully for typos before posting!)
Another question – how much of the Celtic TV money is profit that can be used to support football operations and how much is going to keep the TV show running?
Auldheid:
I’d like to think I’d fight for the right of rights for future generations.
This is a c&p from RM, the one stop shop for loyal boars:
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the fans want security over assets for buying their season tickets. a totally unworkableplan that no boar would agree too.
So all the peeple that bought a Newco Calendar will get a refund for the eight month balance? :-)
RobertTressell
Good post.
Raise some good points there.
LB
TonyDeeDumplin6’sand7’s
You do make me larf.
I have another part of my anatomy that too is XXL. You have one on your head.
MWD says Aye
What happened to the XXL toothbrush money?
I have another part of my anatomy that too is XXL. You have one on your head.
MWD says Aye
_____________________________
Must be play time.
Traditionalist88
If i change my mind and say I’ll buy my season books do you think the Tic will give me the Stadium?
Cracking plan.
MWD says YES
GerryBhoy:
Chemise is it a man’s shirt and is chemisier a woman’s blouse. Though is it “une chemise et un chemisier”? which would make the masculine, feminine, and the French a bunch of travestis confuses.
Oh aye
http://www.clyde1.com/news/local/pub-boss-fined-for-showing-sky-football-match/#.U1kJ5yUQ1tk.twitter
TawnyDumblinmissSixty7
It is. Skipping or balls?
MWD says Aye
kitalba
16:04 on 24 April, 2014
GerryBhoy:
Chemise is it a man’s shirt and is chemisier a woman’s blouse. Though is it “une chemise et un chemisier”? which would make the masculine, feminine, and the French a bunch of travestis confuses.
Ha ha………..Touche! :-))
and the French a bunch of travestis confuses.
Kitalba, I lived there for 4 years and I’m still not sure!
;-))
Not the ole CQN chemise debate…
Its a pity Kings no called Billy.
Big girl’s blouse?
Feminine?
Khamis
GerryBhoy:
I’m trying to learn the language and the other night I got asked that question in a quiz… chemise, is it masculine or feminine. I got it wrong then and I too don’t know if I got it right now.
I’m thinking of quitter après I master Yes and No.
Vive the funny French.
French is weird.
The word for man bits is feminine and the word for lady parts is masculine.
Go figure.
MWD
I’m glad you’re able to joke about withdrawing FULL support. It appears you’re not that bothered.
Almost as if you were looking for an excuse.
Mightytim, now theres a bhoy with a gripe, and you can tell its tearing him apart…can’t say the same for you.
Strange.
HH
Vive the funny French.
I’ll have to say aye to that, since my first wife was one!
Boa tarde,
Back at work today, after the state holiday for St George yesterday.
Fair bit of Libertadores action last night and a significant suprise with Lanus elimiating Santos. This means Mexico now join Peru, Ecuador and Venezuela in having no further interest in the tournament.
Final first leg game (El Arse v Union Espanola) tonight, will stick something up about that, after I’ve been for my lunchtime peece.
Read on….
Nacional 1 v Velez Sarsfield 0
I started to watch this game (and fell asleep). Nacional, the 16th seed, playing the Velez, the top seed and it looked like it for the first half. Velez never looked ruffled and always threatened thru, that man Lucas Pratto. Oddly enough his strike partner, Zuratta never left the bench all night, which manager Turu Flores said was a “tactical decision”
Nacional scored in the 42nd minute of the second half with a “was it handball/was it over the line” from Benitez.
Still, fancy Velez to do the business at home next week.
San Lozenzo 1 v Gremio 0
A well taken Angel Correa goal was all that separate these two sides. Gremio minus several key players, looked very lop-sided in this. SL pressed high (which isolated the Gremio front men), but failed to turn possession to their advantage.
Gremio hoping that a full house (and a fully fit team) will do the business next week. SL hoping that their Number One fan puts a good word in for them before that.
Atlético Nacional 1 v Atlético Mineiro 0
A very lethargic Galo thought they’d done just about enough to secure a draw in this one, when up popped Cardenas with a 20yd screamed in the 46th minute of the second half.
Nacional unlucky (again) not to be several goals in front, as they peppered the Galo goal throughout this match.
Two other players worthy of mention here – Galo keeper, Victor who had (yet another) night when he played out of his skin and National’s striker, Duque who had a barrel load of chances in this game.
Galo will fancy themselves at home. National will be hoping that they have Medina fit.
Santos Laguna 0 v Lanus 2
Without a doubt the shock of the night.
Lanus came out and went at Santos all night. Both Lanus goals coming from terrible Santos defending (second goal was a pen). Santos also had Renteiro sent of for trying to “McCulloch” an opponent.
Lanus now proceed to face Bolivar in the QF’s. Santos need to sort their defence out.
Allegedly, at the ole Ramsdens Cup Final *winning* Kareoke night
Super Sallary drank so much orange liqueur, he was completely out of
cointreaul.
où est l’argent Aiden McGeady????????
gerrybhoy
15:51 on 24 April, 2014
Le Celtic porte une chemise verte et blanche CSC
Non shrinkez a fit
franglaiscsc
où est l’argent pour Seville ?????
Who was the Celt that wore his top outside his shorts?? I know btw……
How do you get the grave accent easy (or is it aigu) – è = alt 138 or alt + quelque chose
quantum
16:26 on 24 April, 2014
où est l’argent pour Seville ?????
Il est perdu……..toute a fait!
Pourquoi un autre faux número Neuf?
Kitalba, my German keyboard is of no help there!
glasstwothirdsfull
14:35 on 24 April, 2014
leftclicktic We are all Neil Lennon 14:07
Daily Record Sport@Record_Sport·1 hr
Stewart Regan on R*ng*rs 120 day review: No contact with Graham Wallace, review is a club matter. Unaware if club has submitted accounts.
———
@Record_Sport What? Accounts for 2nd biggest budget in Scottish football were due 31/3/14 and SFA chief exec doesn’t know?
——————————————————————————————
I’m taking a guess that he would know if they HAD been submitted……?
VG- :))
traditionalist88:
Never judge a book unless you’ve read it’s story….
Bhoy o Bhoy
bit lively today with loads of insults flying around.
The German sense of humour is no laughing matter after all
KINGLuBO
Dyslexic Zombies could be coming for your boldo.
Quand Philvis revenir?