The wisdom of Hearts owner Ann Budge’s comments to the BBC that “Borrowing money for a particular capital programme you can understand, but running up debts that are prevalent in football is beyond my understanding really” is now, in 2014, surely beyond dispute.
Clubs are at liberty to borrow for infrastructure, or in exceptional circumstances, but in the normal course of business, borrowing for football costs should limited to covering the short-term fluctuations in cash-flow.
This thinking was orthodoxy until Sir David Murray led Scottish football by the nose into a spiral of debt accumulation. The Murray Gospel found many converts among us, those who spoke against it were hounded as heretics. Debt accumulation was the new crusade, the promised land could be reached with just one more brave act, apparently.
Suggesting this was self-harming nonsense to adherents who had supported a debt-fuelled battle for years attacked a fundamental pillar of their belief system. Reactions were seldom considered.
It’s in this light we should consider the real lunatics. Those who encouraged a business model which ended in liquidation, only to come back to the table demanding a fledgling incorporation ‘act like a big club’. There’s a fair amount of research suggesting humans are hard-wired for religiosity. We search for something to believe in, then stick with it as best we can. If you have grown to believe that one more outrageous act will deliver European glory, a good harvest or a rain cloud, part of you will buy into it.
Stewart Regan’s “concern for the Scottish game” at newco Rangers financial position will be genuine, although the “Armageddon” merchant from the SFL has long left the scene. He notes, “Rangers have got a strong economic impact, not just for Glasgow, but for Scotland generally”. Well, oldco sure had an economic impact, on the public purse and several hundred creditors. Mr Regan’s words should be a warning.
This morning Rangers International served notice that their AGM would take place on 22 December, just days within the permitted time period. Accounts are normally issued with this notice, but for some reason, they were not on this occasion. They are required 21 days before the meeting (i.e. within days); I’ve no idea what to expect, but it’s sure to be a quintessential Rangers document.
Some great offers on Celtic books and DVDs at CQNBookstore, a name already telling only part of the story!
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Sevco will do what they want, and when they want, they have the backing of evey other supporter in Scotland accept us,.
No one complains accept us.
No one cares accept us.
No one takes on the establishment accept us.
And no one has been saying the truth about the SFA/SPFL/SFL accept us.
No one questioned LNS accept us.
No one keeps telling the SMSM the truth accept us.
And that my fellow Tims is it in a nutshell, no one gives a feck but us, it truly is a sad state of affairs.
Lurking HUNS GIRFUYs……….I care.
still go there at weekends although I am based in Rutherglen. Chapmans is also a good celtic shop. our bus still picks up at the parkville
PL said they were very unhappy at refusal of standing areas at CP by the cooncil.Not going to let it go and actively pursuing it just now.
Well done TET.
Sent to all the huns I know.
P.s you would think that they could have got Ian Black over to paint it better than that after all he does f all else :-)
What’s the latest on the ‘cereal’ R*****s haters?
A buncha ‘regular’ ghuys!
HH!!
THE EXILED TIM
13:11 on
26 November, 2014
Afternoon Timland from a warmish hun free mountain valley.
The Belfast shop……Airport shop next ???
ashley’s got loads of shops where he can sell their tat..
but them’s might not go in to buy it..
Was in Chapman’s with Gordon and vogue punter when the orcs descended in Blantyre during summer.
Tonev appeal next Thursday (4th Dec)
TALLYBHOY
Yer auld fella lived his life like he listened to his music.
Turned up to eleven.
Fair play,I doubt he had much unfinished business.
R I P,a fella we could all learn from!
Ronny has had a quite easy run for the last few weeks. We have been playing against run of the mill SPL teams who we would normally expect to beat even in the lean times, or even when we are not at our best.
Rangers are deid, so the biggest competition domestically is the likes of the dandy dons or even the amicable accies
Thursday however is something completely different. The austrians are hardly Chelski or Barca or even Basle or Benfica for that matter, but they seemed to be one of the better sides we have faced this season. (Probably Legia were the best)
This game will be more of a yard stick and an opportunity to see if we have progressed or improved from our early season Euro batterings or if we are just currently doing well against a poor standard of scottish opposition.
Such was the poor start to the season that i reckon a home draw against the Austrians would indicate an improvement of sorts, but an improvement nonetheless.
Lets see how much progress Ronny and the visionettes have made now that we are half way thru the season and hopefully claims of a “team in transition” have died down.
Aw the best to big Tam, Lion Heart indeed!
Why men shouldn’t write advice columns
Dear John
I hope you can help me.the other day I set off for work,leaving my husband in the house
Watching tv,my car stalled and then it broke down about a mile Down the road,and I had to walk to get my husbands help.
When I got home,I couldn’t believe my eyes,he was in our bedroom with the neighbors
Daughter!
I am 32,my husband is 34 and the neighbors daughter is 19,we have been married for ten years,when I confronted him,he broke down and admitted they had been having an affair for
The past six months,he won’t go to counseling,and I’m afraid I am a wreck and need advice
Urgently,can you help please?
Sincerely, Sheila
Dear Sheila
A car stalling after being driven a short distance can be caused by a variety of faults with the
Engine.
Start by checking that there is no debris in the fuel line,
If it is clear,check the vacuum pipes and hoses on the intake manifold and also check the grounding wires.
If none of these approaches solves the problem,it could be that the fuel pump itself
Is faulty,causing low delivery pressure to the injectors.
I hope this helps
John
Guys, Cheers for all the heads up on Celtic friendly bars in Lanzarote, I watched Saturday’s game in Brendan Behan through a poor stream. I’m about 10 minutes walk from the Old Town so will head over to Bohdran bar to watch it…thanks again..
Turkeybhoy
Latest per AGM: Celtic want to install a safe standing area.
Glasgow CC have rejected proposals twice, and now insist the decision is one for the Scottish Government.
Scottish Gov insist it’s a decision for the local authority Safety Advisory Group.
Although the Taylor Report did not apply in Scotland, the recommendations were implemented voluntarily here, and no one is prepared to make a decision that reverses what’s now considered to be orthodox best practice.
Bureaucratic tennis essentially.
Latest betting in the Huns v Killie game,
Eremenko Ligament damage 2/1
Eremenko Ankle injury 3/1
Eremenko Broken limb 6/1
Eremenko to require treatment anytime during game 1/7
Doubles and trebles accepted.
Thanks BB.
Best wishes to the best left back I have had the privilege to watch in a Celtic jersey. Get well soon, Tommy Gemmel.
13.22 TD67
Lets not forget that signatories om that filthy 5/way agreement were arrested last week.proof positive that it should be rippedto pieces on that fact alone.
BTW its except
Tonev appeal date set Celtic’s appeal against the seven-match ban given to winger Aleksandar Tonev for racially abusing Aberdeen defender Shay Logan will be heard on 4 December.
LB
BMCUW
Many thanks for the kind words. Yer some mhan.
Tear in the eye and lump in the throat time!
Off to put some vinyl on the turntable – up to 11 of course!
Feck the neighbours!
HH!!
LIVIBHOY
How many games have we played since his farcical ban?
We have effectively been unable to play him because of that charge hanging over him.
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS
No idea but I am sure he can play until appeal is heard. Could be wrong though.
LB
Favourite goal for today…
From an oft-forgotten Bhoy. A memorable goal as it was a late winner for the Celts against the Jam Tarts at Tyncastle after coming from a goal behind.
And the crowd go wild (well the Celtic fans did anyway)…
https://www.youtube.com/watch?v=rVd7Ycpj6O0
TALLYBHOY
Give it some laldy,bud.
I’ll do the same at the weekend.
I’ll always think of yer Dad wi his ear trumpet every time I put on Zep.
And turn it up just that wee tad for the hell of it.
Tamrabam,
Not totally in disagreement with you,but I think you are being a bit unfair with the timeline.To think that RD could come in and change everything in a few months is wishful thinking.He has been foisted with a few duds,had plenty of injuries,IE,Lustig,who when he plays makes the team click better,then injured again.Hard for RD to get any momentum.
January will be a defining month for all concerned.Will we chase the duds,sign JG,bring in others of RDs choosing.Will the board help?.
I would think he needs a season to get truly settled into the job.A wee treble would send confidence soaring in the team and the manager.
Bobby,
Tonev has made one squad since his ban and that was in Europe. Hmmmm
Oops. 3 domestic games missed.
Answerthequestion csc
RD: “Denayer, we will see right up to the game what’s happening. We aren’t sure yet.”
RD: “Wakaso has been sick and it will be tough for him. Lustig is out.”
Turkeybhoy,
Ronny d will have to deliver 3 successful trebles and 1 champions league before tamrabam thinks he’s doing ‘no bad’ :)
Gary67
I take it he’s sick as in not well.
Not sick as in cool B-)
Tonev still available as we appealed the ban and still not selected,back to Villa in 5 weeks,think we have seen the last of him.
Part of the problem with the progression of the Safe Standing at CP is the refusal of the authorities to recognise the precedent set in Germany – and the excellent safety record there.
Would be incredible for CP and for Scottish football to lead the way on the this. Pathetic that such excuses have been invented to halt plans so far and Celtic and other clubs in Scotland that wish to implement safe standing should not let this rest until approval is given.
HH
Neil Lennon in Europa League in his first full season as manager
P6 W1 D3 L2, failed to qualify for next stage
Neil Lennon in Europa League in his secons full season as manager
P6 W1 D3 L2, failed to qualify for next stage.
Perhaps RD is doing better than some give him credit for.
Bada,
It’s looking that way. Are we allowed to send him back early?
judester
You didn’t get my accept us humor, that’s ok ;)
GM- Doubt it,maybe of he’s injured but 1st January he won’t be our problem,useless anyway.
Gary67,
We were out Europe before September in lennys first full season.
Also I though lenny only had us once in europa league??
Bada,
He’s on a season long loan is he not?
Geordie Munro
14:07 on 26 November, 2014
Bada,
He’s on a season long loan is he not?
——————————————————–
Surely there is a reciprocal provision in the loan agreement that allows either Celtic or Villa to terminate early? Fingers and toes crossed!
My eyes were already that way…