I hear there are rumours in the old media today that David Longmuir prepared a plan with Charles Green and Peter Lawwell before briefing Scottish Football League clubs this week. I suppose the rumours are half right. No one from Celtic was involved in this nonsense.
Special mention to Gavin Masterton, owner of 94% of Dunfermline shares, who last month told the BBC “The football club is debt-free. There is no bank debt. The debt is to myself and the other directors.”
This new kind of “debt-free”, talked about by Dunfermline and one other lower league club is more dangerous than it seems as just three weeks later Dunfermline admit they expect HMRC to apply for a winding up order.
Fans have raised around £250k, enough to pay HMRC in full, but they are asking Masterton to value his shares at a level they would reach if an administrator was appointed, which will happen if the fans don’t pay. Masterton’s recovery plan was to issue £500k of shares for around 25% of the club. Nice, for him.
Nine years ago Masterton and Dunfermline director John Yorkston were embroiled in the financial calamity which afflicted Livingston. This tale of woe is worth reading, as is the story about the downfall of Bank of Scotland by Iain Fraser, who writes, “The rot set at Bank of Scotland in when the likes of Gavin Masterton and Peter Cummings started handing millions of pounds to their pals, without doing much in the way of due diligence.
Fraser also speculates “Foolishly, Cummings and his predecessor Gavin Masterton handed [Sir David] Murray a total of £760m on a “no questions asked, handshake only” basis and, in the current environment … realised he hasn’t much chance of paying this back”, in an interesting article on the Bank and the liquidated football club.
Mr Masterton is clearly the only qualified candidate as the next president of the Scottish Football Association. After Mr Peat (former director of liquidated club Airdrieoneans) and incumbent Mr Ogilvie (former director of liquidated club Rangers) the bar has been set at an astonishing level.
“Utterly astonishing”, as our old friend used to say.
Be wary of people to say they are debt free when what they mean is they have no bank debt. Be very wary of bums who try to convince you that them being denied bank lending is a good thing.
If company credit rating equals zero, credibility rating equals (I’m away to find out if a whole number is required here).
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Witness us.
Watch us as we fly like winged Mercuries to speed the dance of Oscar and his tribe!
Jeezo…..it’s effin’ early!
My wee brother arivves today. Excited? You betcha.
YEEHAH!
4 in a row?
Nah……..5!
Are yez aw just waitin’ fur me tae get tae? Paranoidally aggrieved….
: > )
Morning Celts
Hey Micki your so fine!
HH
Nah. Just waitin to see what you say next :))
Happy Friday Celts, the weekend beckons and Glasgows Green & White.
Jobo rain down here.
V
Jobo rain everywhere. Jobo no fair :( Jobo no care for other people! Jobo baaaddd mannn.
Jobo go for sun dance and park run.
Miki67,
U and your bruv have a good un’
FFM
Was it a full moon last night :>)
☑
Vmhan,
No! hence my unusual behaviour ! :)))
Hope you like this song, amigo! :)
http://www.youtube.com/watch?v=El693R7JbsM
miki67
05:27 on
15 March, 2013
http://en.wikipedia.org/wiki/Great_Famine_(Ireland)
Mo Chara
As you will know it is a misnomer to describe the Irish Holocuast as a Famine. Ireland at the time was an exporter of vast amounts of food. The Irish peasentry were denied access to this by armed British troops. By willfull design or otherwise the fact is that the British allowed over 1 million Irish men, women and children to starve in a land of plenty.
Hope you in the best of spirits today
Is é ár lá anseo
Good morning friends and a Big Happy Friday from a rather wet, grey and miserable looking East Kilbride.
acgor
from 1amish :)
it really wound me up that gallas ” had the cheek” to celebrate his goal
but my memory differs from yours regards the dive for the penalty
i think that was early in the 2nd leg in london … put the tie to 0-2 and effectively killed us off.
wenger stated boruc had ” touched” eduardo so it was not a dive.
i lost any respect for their club, manager, gallas and eduardo and still bear a grudge
vmhan
did you find that book you mentioned last week?
are you still planning on 1am at the five ways ?
Oh and of course a really big shout out for all of our cyclists this morning. The very best of luck to each and every one of you.
i wish to make a special mention for two cqners… one is cycling for wee oscar today (mwd) the other is riding shotgun with him (t4)
on the eve of that challenge they both took the time to drive to east kilbride last night to pay their last respects to matt kane ( kanos dad)
with cqners like that … this site shows again its more than a blog ..
good luck today to all the oscar cyclists … and rest in peace matt kane.
for anyone going to the match on saturday im advised matts pic will be on the big screen pre match and half time
Summa
Let me know if you need anything while in Sydney.
See you ramorra.
Good luck to those taking part in the cycle event.
Well done all
acgor
just checked and in fact we lost the first leg 0-2 but second goal was a gary caldwell og.
the early pen in the second leg made it 0-3 with donati equalising on the night as a consolation
THE BOY JINKY
Having met both of the lads you mention-as well as a few others involved over the weekend-all I can say is that I am not in the least surprised.
Bestaluck to everyone involved over the weekend. I hope you have a tail-wind all the way….
Morning all!
A very happy Friday!
Mrs Tally arriving tomorrow for ten days – might not get to watch the match. Mind you she has an early morning flight, so I will suggest that she goes for a lie down about 1600 local time here!
HH!!
Good Luck to all the cyclists taking part today – special mention though for the poor logistics crew its not going to be easy with those views :-)
Seriously good luck to everyone taking part – Jobo any chance of getting an improvement on the weather for us?
Forgot to wish all the best to all those taking part in the cycling event.
HH!!
the boy jinky
06:51 on 15 March
…………..
Had a good look last night and haven’t got it Jinky, I bought 3/4 copies a few years ago in Derry and thought I kept one, alas no.
In my rummaging though I did find a book entitled last words, which is the last communications of the leaders of 1916 before they were executed, letters to their wife’s, family and friends and writings from the attending priests, it’s another heart rending book which I’ll read fully one day.
Anyway sorry about the BS’s book amigo, they’re no longer at home.
V
Good luck to the Kano Bikers in Scotland, England and Ireland.
V
Jinky
Aye 1pm at the 5 ways, also meeting Googybhoy and the Derry Celts, Daniel is going innaw.
Meeting Dr Whatfor at the Kerrydale lounge at 12:45 so busy wee day pre game. Are you going along to the 5 ways?
V
That was 3iar ✊
good luck to the Oscar bhoys over the weekend..
vmhan/jinky
I gave MWD my copy , I’ll ask him to pass it on to jinky when he locates it..
GoooooooooooooooooooooooooooooooooooooooooD
Morning………………………………………………………………………..
C…………………………………………..Q………………………………………N
BigJoe in daaaaaBLOG
To all the Wee Oscar cyclists may God go with you today and I’ll see you all in Girvan tonight.
Morning,
Neil starving the pond life of any oxygen.
Lennon refused to be drawn on Hoops
defender Charlie Mulgrew’s admission
during the week that if it was down to
him, he would ideally have Rangers in the
SPL.
“I told you before I am not going to
answer any more questions about
Rangers and the fact that you asked
Charlie the question the other day – that
disappointed me as well,” Lennon said.
“Charlie was there to promote PFA
Scotland player of the year and he ends
up answering questions on Rangers.
“Now I have told you before if you want to
pursue that line of questioning the press
conference is over.”
The best day this centaury in the Costas………………
But won see much O it…………………
Flying back to Glasgow………………….
First Celtic home game this season…………..
BigJoeCantwait.
Good luck to all CQN cyclists. May the spirit of Walfrid be with you!
Reading back on last nights posts, ACGR…. Brilliant posts mate, tae yirsel, enjoyed that!!
Did I miss Ard Macha with Bobbys diary last night? It’s inspirational!
Best of luck to all involved in helping wee Oscar through the bike race.hh
How the blazes to they get their ole bones on t’saddle?
http://www.odt.co.nz/files/story/2010/03/noel_andrew_oamaru_leads_a_national_penny_farthing_2017053189.JPG
Good morning from Jerusalem (we are everywhere)…temperature already 29*C and rising…good luck to all the cyclists, may they remain puncture free…and well done to Neil for putting the lazy ones in their place…