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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A SON OF DAN 0756
A first-class riposte from Neil,especially the one about Charlie. Poor bugger was ambushed by agenda-driven numpties,disgracing further the profession of which they so proudly proclaim membership.
Journalists,my arse.
The line-“that disappointed me”-could have been uttered by Michael Corleone. The “journos” present might do well to bear that in mind!
Good Luck to the CQN Hells Angels over the weekend
Born To Be Wild CSC
Morning..good luck to all the cyclists today on their brave journey for a great cause..may they stay puncure free and no misshaps..watch out for pot holes..aw the best bhoys n ghirls
Puncture free ..bliddy big thumbs!!
Well done Lenny ..give it to them tight!!wee dont need no stinkin meeja
blantyretim
07:45 on 15 March, 2013
……..,,,,,,,.
cheers BT, that’s a nice gesture to “pay it forward” great film ☑
How you doing, it’s been a while amigo, I know your busy but maybe catch up before the end of season?
V
Juast as I wqs thinking about the memorial to The Great Famine mooted for Glasgow, I happen to read PMGB’s excoriating article about the tax ‘submission’ to be served upon the city in the name of sevco.
Chunkles needs removed to an asylum, for his own and the public’s protection.
A new war of the roses is the lomits of this cretin’s ambition.
A repulsive being. A Gauleiter. And I’m being kind.
Good Luck to Marinello, Johan Murdoch, JonnyBhoy and all the other cyclists.
You really should get the equivalent of an Oscar.
Hail! Hail!
TT
My wee brother flies in TODAY!
Good morning from a sunny Nordrhein Westfalen -2*C at present. Good luck to all the cyclists and their helpers, may God bless you all and keep you safe. As me old mate would say ‘ where would you be with no lights on yer bike? ‘
1st day of the Trout season today
HH
GOOD luck to the cyclists …
Resisting placing an emoticon symbol lest CQN becomes a rash of emoticons.
Good luck in the presser Bhoys . Straight bat every press question..
HH
All the best to the cyclists, I hope you have a favouring wind!
Wouldnt like to be behind any cyclist wi a flavouring wind…c what a did there..weeeeeee theres a hill…….
Good luck to all involved in the wee Oscar cycle, stars all of you. Have a great time and tell the wee mhan how much love there is for him among the Celtic Family.
Miki67 thoughts and prayers for you everyday. Glad your brother is flying in to see you some great craic will be had I would imagine. Keep writing my friend and always stay an unrepentant fenian.
KTF, HH
miki67 05:30 on 15 March, 2013 acgr…..me old Coia’s mucker! How’s it hangin’?
………………………………
Miki, its hanging good. I hope you are in good shape buddy. Keep fighting, we’re all with you bruv.
Keep up the good work
YNWA
Good luck to all CQN’s brave cyclists today, may the wind be at your back and Eddy Mercx is your legs..
Good morning all you brave cyclists. I wish you all good luck, god speed and may the spirit of Bobby Sands be on your shoulder. Do great for wee Oscar, god bless him. HH
Glasgow to Girvan
Into the wind
And the rain
As they climb up past Ballageich.
Top Bhoys
The sun comes out when you reach Maybole…
Miki67, I’ll be in coias tomorrow before heading to the match. My young fella is eating for scotland with a three course challenge (Fish n chips, pizza and a big bowl of minestroni for desert).
Kids, eh, hungry wee bassa’s:-)
THE BATTERED BUNNET
Speaking of Maybloe,I think they should have taken the old coastal route to there.
The Electric Brae is weird enough in a car-on a bike,well,it ain’t quite so much fun!
Morning BobM, I tried to whip up a bit of interest in the 3E auction during the howl last night but alas it fell on deef eers.:-)
I’ll need to sort oota marketing course for CRC when he sobers up:-)
Don’t know if anyone has heard this clip from Raith Rovers. Turnbull Hutton explains how there would have been no invite into SPL2 for those clubs who had voted against sevco starting in Div 1. He also talks about league reconstruction and ridiculous prize money. It’s good to see things from a smaller clubs point of view. It lasts an hour but you can skip through it. 0-10 minutes is good.Raith Rovers meeting.
Corrupt to the core.
HH
All the best to the cyclists for wee Oscar…I would have participated myself if i could have got a backie.
kidding aside i doff my cap to the cyclists.
Take care on the road.
Morning CQN. I was wondering if anyone can direct me to the route the tour de oscar is taking through the dear green place.
See today’s DR has got Celtic possibly getting a massive M£6 – yes SIX – if we sell Victor in the summer – a huge M£1 more than they claimed the Orcs received for Danny Wilson!
No wonder so many copies lie unsold in Morrisons every night in Greenock.
They just HATE to see us do well
Good morning CQNers,
My very best wishes to all the cyclists…..
May the road rise up to meet you.
May the wind always be at your back.
May the sun shine warm upon your face,
and rains fall soft upon your fields.
May God hold you in the palm of His hand.
Prince albert.kidd of hamilton
ive actualy just has a listen to that clip from t.s.f.m..hunbeleivable corruption..well worth a listen bhoys
JIMMCI
They’re unsold cos you move a coupla “VIEWS” to the top of the pile……….
Six million pounds widnae even pay for Vic’s wages over the next coupla years where he’s heading.
He’s heading South in a good way,the numpties who write their tripe are heading south in a terminal way.
Haven’t been on this week, been widely busy. I see Dunfermline are at the point of no return. Strangely all of the reports seem to refer to the danger of the club going into liquidation – there seems to be no recognition that it is only a company that would be liquidated and that the club would live on. That’s how it works, right?
good morning cqn
the msm questions to neil and charlie regarding the ragers
we all have our own views on sevco/ the ragers
every single journo are asking the wrong people these questions
the sfa /regan & RCO should be the ones to answer all the msm questions
are sevco the same club as ra gers 1872 ?
why are sevco in div 3 / should they not be in division 1 if thery were demoted ?
why are sevco not in europe this season if they finished 2 in the spl last season?
why did sevco start in a diffrent round in the league/ scottish cups ?
what info did sevco provide to the sfa/sfl in regards finance and no accounts as the last 2 owners of a club playing at ipox ran at a loss and were prepared to hide and conceal info from both hmrc /sfa ?
the celtic press team should be directing all to say we will only talk about teams we play
as far as ra gers 1872 they are in liquidation and sevco in division 3
then again this is scotland and any link by the media keeps up the pretence that the o## f### are alive and kicking
as they got to sell papers to the zombies
all the while the 3 blind mice continue in office over at hampdump
jam67
.
MacJay..
Just Arrived in Coogee.. Long Drive..
Might Need a Chauffeur Ha Ha ..
EN is on his way Over Just Now..
See You Tomoz ..
For the CQN (Marsupial Divison) Shindig..
Tell the Captain if He Wants a Spell I have My Skippers hat with Me..:-)
Summa of SydneyCelticCSC
Prince Albert_Kidd of Hamilton 09:34 on 15 March, 2013
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Fantastic link to Turnbull Hutton exposing the corruption by the SFA and SPL favoring sevco.
When was this interview? If this was recently then he better have a fire extinguisher and a bullet proof vest handy.
This man is definitely in the wrong job, but power to him just the same.
HH Turnbull Hutton.
Danny Wilson? Where is he now?
I posted this last night re VW after Kojo mentioned the article:
http://republicfootball.net/wanyama-leaving-celtic-could-be-the-road-to-nowhere/?
JIMMCI
I just read the “Vic” aricle. It’s written by some new guy on their team,who normally writes glowing stuff about sevco.
I guess this one is his reward for being a good boy,eh?
~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~
Prince Albert Kidd….
The revelation about anyone voting against that mob getting into SPL2 is frankly the worst thing I’ve heard about this while episode!!!!!
To say it beggars belief does it little justice….
summa of sammi.
Do me a favour pal. Would you give EN a whisky from me and I’ll return the favour sometime in the future.
One Turnbull Hutton, there’s only one Turnbull Hutton, one Turnbull Hutton…………….
turnbullthehunhatercsc
I see auld Craig is saying tomorrow might be his last match as a manager. Let’s hope we make it a memorable one for him!
Gordon
10-0 will do nicely