It was Back to the Future on Saturday afternoon, listening to Aberdeen rescue a point against Dundee was more like 1985 than 2015. TV highlights suggest Aberdeen pounded Dundee, but three excellent goals were enough for the visitors to set the stage for Celtic to return to the top of the league against Motherwell on Wednesday.
Aberdeen have been imperious in recent months. Incredibly, apart from Dundee and Celtic, they have failed to keep a clean sheet only once (at drubbing at Hamilton) since September. That’s title challenging form in any language.
This run is unlikely to endure as the vagaries of form and fortune catch them up, but it appears our long wait for a notional title rival looks to be over. Which is good.
Any business with operating expenses in the region of £33m a year, which is £2.75m a month or just over £600k a week, that had to borrow £500k in the first week of the month in order to pay an unexpected tax bill of the same magnitude, will by now be in urgent need of funds to pay rates, other tax liabilities, electricity and gas (no matter how little they used on Friday), while wages day is approaching. And remember, those gardens don’t ‘duty’ themselves.
Newco Rangers will need a loan, or to sell a player for cash, to avoid imminently slipping into insolvency. If Dave King is confident about carrying shareholders at a March EGM, and has the resources, he should loan the club money to get them through the next two months, no strings attached. A bit like John Keane did for Celtic in 1994. With insolvency looming, Keane, currently a Celtic director, but at the time an agitator for boardroom change, wrote a seven figure cheque, no strings attached, to pay-down Celtic’s overdraft, as the Bank of Scotland threatened to call in administrators.
Anything less than this is playing into the hands of Mike Ashley.
CQN11 St Patrick’s Day Dinner Dance is on Friday 13 March, at the Kerrydale Suite, Celtic Park. The focus of an excellent night’s entertainment will be funding the construction of a kitchen at Chibwata Primary School in Malawi, for Mary’s Meals.
Email me if you would like to reserve a ticket, celticquicknews@gmail.com or book directly via the links at the bottom of this page.
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Sandy Easdale buys another million secco shares.
Strange
HH
Joe_joe_john_bobby_teddy,
Just wait and in about 18 months the walking away managers will be airbrushed into history as well. That lot make more things disappear than the Pyongyang Times.
AR
This will be in my head all day now, to the tune of blankety blank:
We don’t do,
walking away, walking away
[Do do]
Walking away, walking away
[Do do]
Walking away, walking awaaay…. walking away
[Do do do do doooo]
Repeat ad infinitum
Thought I’d share the pain
12 months notice bwahahaha
Can you imagine, bwahahahaha
In a statement to the Stock Exchange, it was revealed that Easdale, who is the chairman of the club’s board, bought 1,014,000 shares at 1p each on Friday.
The plot thickens.
1 p ?
So the Fan€£¥₩ First group have a radio campaign all weekend boasting of being like Bayern Munich Barca and even Hearts having 600 thousand shares in the Omnishambles then Easedale gazzumps them for a million lol lol !!
One way of putting the hun hoards in place ! Sit back and watch the septic epic unfold Magic Innit ;)
1p Yip – now you would think with all this jockeying for power the price might be higher and it also makes me think, why would he buy even at 1p if they are about to go down the u-bend?
!!Bada Bing!!
23:49 on 19 January, 2015
SOAL-Exactly ,get some fresh blood in, to get ripped into this mob at Hamdump
_________________________________________________________________
EXACTLY fella – Hail Hail
The “only” way to deal wi the huns, on and off the pitch is to get flucked right in aboot thum.
Never mind awe the egg-shells p#sh, civil unrest or any ither feared hoodoos…just git it roon thum.
Mr Stein loved skelping the huns.
Martin O’Neill loved skelping the huns.
Neil Lennon loved skelping the huns.
Tony Mowbray took all the huns p#sh on the chin – thats why WGS’s recommendation of a replacement for himself – big Mark McGhee – should have been listened to by the ‘bored’ but, we should all know by now that the ‘bored’ are feart fae the huns – otherwise they would have buried them during the ‘honest-mistakes’ to get CL-money for the huns era.
Anyway…RD’s in place and, I hope he’s lining up a severe/karma/skelping of the evil ones at Hampdump – nothing gets it right up the huns more than, seeing a team in green & white hoops doing a lap of honour in front of an ecstatic Celtic end. waving a trophy bedecked in green & white ribbons – bring it on.
Btw…Celtic fans who are going to the game…dont at any time become isolated coz the huns are always looking for a cheap oppurtunity to show that they are the people.
They are evil and, the police will go for you in any clash between rival factions thats why we’ve got to be ‘super’-switched-on and cute, dont show fear and they will back off. The only time ‘anyone’ has stood up to them was at the Hampden Riot when the huns realised that theyd dialed the wrong number. Aberdeen fans have faced them off as well – good for them.
HH
typos – gremlins
Morning all.
So, is McCall, the self-confessed (supposed neutral commentator) fan, a shoo-in for the undead to try and stop us at any cost?
Paddy Gallagher
07:44 on
20 January, 2015
In a statement to the Stock Exchange, it was revealed that Easdale, who is the chairman of the club’s board, bought 1,014,000 shares at 1p each on Friday.
The plot thickens.
—————————————————————————————————————–
Surely the shares must have come from someone who originally bought the shares for one penny – all other dealings are around the 23/24 pence mark.
McCoist has 1 million ‘penny’ share – probably Green has also.
My money would be on Green – there is no doubt a tie-up somewhere between Green & Ashley – both have control of some ‘onerous contracts’
Obviously this sends a message to King, that EGM, or, no EGM, this board is determined to hold on to power.
Alfie Noakes
08:10 on
20 January, 2015
Thanks for the reply bud: Statement below.
Copy & paste.
RANGERS shareholder and chairman of the football board, Sandy Easdale, has increased his shareholding in Rangers by 1.24% to 6.45%.
The club announced the move, which now gives the Greenock businessman voting rights of 26.12%, in their latest 7am statement to the London Stock Exchange this morning.
While catching the eye of fans following the boardroom saga, the purchase of one million shares means only a fractional change to Easdale’s voting block.
The statement reads: “The Company announces that it was notified on 19th January 2015 that Alexander Easdale purchased 1,014,000 ordinary shares of 1 penny each in the Company (“Ordinary Shares”) on 16 January 2015.
********
Get yer sevco shares here, hunner for a pun, hunner for a pun.
Does that make ears dale the biggest shareholder ?
BMCUW –
You don’t work for JMW do you?
Parkheadcumsalford
08:10 on
20 January, 2015
Morning all.
So, is McCall, the self-confessed (supposed neutral commentator) fan, a shoo-in for the undead to try and stop us at any cost?
yes and if LASLEY does not play on wed night he will get a free transfer to his SPIRITUAL home.like how SPIRITUAL is now used in HUNS context,thought it was too KAFFLIKY for them.
Is there a breakaway club on the horizon
There is no way McDowall will be replaced for the foreseeable future unless they can get someone on a similar wage. McDowall is off because they promoted him from assistant to manager without a wage rise.
He’ll be expected to work his notice. There will be no Stuart McColl or anyone of any standing. They could promote Durranty I suppose. Or how about the bigoted kit man?
Sectarian racists to the right, football supporters to the left.
Who will the SFA support ?
Will the sectarian racists get use of hampdump ?
Easdale buying up penny shares suggests he anticipates someone buying the club in the future and he is preparing to make a killing.
tom mclaughlin
08:49 on 20 January, 2015
….or possibly ensuring a majority EGM vote ?
Who to believe?
Some Milan based journos have claimed that Inter’s Captain, Ranocchia has a long term knee injury .
Inter have issued a statement confirming an injury but deny that it is long term.
He would be a big loss.
Dinner with elderly Inter fanatic last night.- mightily annoyed re the 0- 0 at Empoli.- playing for themselves/ not fit to wear the shirt etc etc.
A very grey 14 degrees / might rain / way down south.
Twitter reporting that the naming rights for ipox have been agreed….Beachgrove Garden….
SoT –
How do the Inter fans in particular and Italians in general view the Celtic tie?
Is it regarded as an easy draw or are they treating it as a tough test?
I think the term ‘1p shares’ is merely technical.
It’s the nominal share value,the minimum at which shares can be issued.
‘A share will have a nominal or par value: 1p, 10p, £1 or any other sum in any currency. And it is an absolute rule that a share cannot be issued fully paid for anything less than its nominal value – that is, it cannot be issued at a discount. A company cannot issue a £1 share fully paid for 99p or less. A company thus has no ability to issue free shares (but it may buy shares in the market and give them as free shares to employees, say, as part of an incentive scheme).’
Rangers 1p shares were originally floated at 70p and are currently around a third of that. The current price will be approx how much Easdales paid for his new ones.
Probably in £1 and £2 coins.
BMCUW
do you mean that he’s bought just over a million shares at approx 23p each ie an investment of roughly £230k.?
Not been on much recently as I had an eventful festive period and also a lot to sort at work regarding consultation and working hours.
CQN11 sounds superb. If it is half as good as CQteN it will be an incredible night.
Unfortunately I will not make it as a good friend of mine is getting married and decided to have his stag weekend on that date. Gutted doesn;t cover it.
It’s my wife’s 40th this year and we have booked Barcelona in May. Anyone with any knowledge of the area regarding restaurants and things to do please let me know. I have been to Barcelona befoe but it was 2004 and I was pretty much blootered for 3 days and saw pubs and the Nou Camp.
My work situation may change in the months to come and may go 4 days per week to accomodate my wife’s situation with going full time.
Stressful couple of months to be honest. Embramike – If you are around apologies for not catching up for a few pints over Christmas and New Year. Hopefully get a pint in a few weeks.
As much as I enjoy a good debate on this site and enjoy the fitba chat it is the camaraderie, advice, help and genral feeling of being part of a group and a community. That would have been weird to me a few years ago but after joining this site after lurking on various Celtic forums and blogs for a year or two I have gained a lot from CQN. Had plenty support and kind words when needed. Met some wonderful people and took more out than I have put in most of the time. Hopefully I can find the time to repay the kindness of others whilst I am working 4 days a week and hope to be able to make more games in the future and meet more of you.
This is not just a football blog it’s a business advice site, financial support, etc ,etc.
There are times when I have put a lot on here and have always got support. I want to thank you all. Words of advice and support helped me more than you will ever know.
LB
Morning timdom
A stunning, cold day today.
Wrap up well.
HH jamesgang
Are these ALLEGED quotes from Goram I read on twitter true?
Andy Goram advocates more violence “Think Friday night’s scenes at Ibrox were bad? Well, you ain’t seen NOTHING yet!”
“Sell the rights to the stadium and the training ground and the Rangers board will see some real social unrest”
Easedale didn’t buy the shares for 1p each. Shares are always given a nominal value, usually 1p, and they’re called that whether you buy them for 25p (probably in the region of what he paid) or 76p (the current price of a Celtic 1p share).
Celtic Gardening News:
Today’s Gardening Question
Mike: Our question of the day, a very topical one, comes from Walter in Alva.
Thanks for joining us here this morning Walter, please put your question to Ally & Kenny.
Walter: ” As a result of the recent snow, the laurels that filled a great part of a raised garden area have fallen forward to such a degree the roots have been lifted. Is there anything I can do to save them, they are so heavy i can’t lift them enough to prop anything under them, please help!
Mike: Oh that is a worry Walter, perhaps Kenny can give you a few tips re this, Kenny?
Kenny: ” Yes thanks Mike. If I was you Walter I would just walk away, Leave them until they are frost free and then replant them. Any thoughts on this Ally?
Ally: ” Absolutely! Do as Kenny says Walter, walk away, great bit of advice there, absolutely.
Mike: ” Yes have to agree with both the lads there Walter, don’t rest on your laurels, do as the team says, walk away, no point in hanging about waiting for them
I’ve found that the roots are really tough and usually once they get going you cant get rid of them ” Thanks for that Walter excellent question and very well answered, onto our next horticultural poser por cierto
SPEYSIDELHAD
Pretty much.
‘penny shares’
Seems to be something of a misunderstanding abroad.
Face value – aka par value – is the minimum legal value of a share at issue, and the cumulative value of such shares represents the issue capital of the company.
It has nothing (well, very little to be fair) to do with the market value of the share, which is determined by the willing buyer.
Celtic’s share capital for example comprises 90 odd million ordinary shares of 1p each, 13M convertible shares of 100p each, and 13M preference shares of 60p each.
Each different share comes with different rights, and has a different market value.
The market value of the ordinary 1p shares in Celtic is 76p this morning, while the 60p Pref shares are trading at 62.5p.
At the last share issue, new 1p shares were offered at 30p each.
Par value 1p. Initially offered at 30p each, now trading at 76p.
It’s not the par value that matters, it’s the price you bought and sold at that determines value.
At RIFC, a number of individuals were able to buy 1p shares at par value before the public sale, typically as part of a contractual benefit or entitlement. Many others bought the same shares at 70p at initial offering. Since then, the value of these 1p shares has diminished substantially, and they are trading this morning at around 26p (up from a low point of about 18p last month).
Those who were able to buy in at a penny are still in profit (though greatly diminished), while those who bought in at IPO have been hammered.
The face value of the shares remains 1p.
Hope that’s helpful.
LEFTCLICKTIC
I do hope those are genuine.
Interesting you quoted two examples-is that one from each of him?
Btw,how’s life,big fella?
sally must be the biggest shareholder
Morning all,,
All this talk about 1p shares,worth 26p etc etc…… I’m lost!! again haha
Lilys
Read the battered bunnet @ 09:15
And you should be less lost!
HH jamesgang