Quantcast

Clusterstaunch

519

Under the cover of coronavirus, Dave King resigned as chairman of Newco.  Four months ago he said the club needed £10m before the end of the season.  In his farewell statement, released  last night, he noted a hoped-for round of funding “has been put on hold”.  With the postponement of fixtures since last month, the funding requirement could now be as much as £20m.

The statement was unnecessarily wordy, had he got to the point, he would have said ‘The proposed funder has bailed out and so have I.  You’re on your own.’

Claiming he hoped to extend his tenure as chairman until after the coronavirus crisis, but was unable to as South Africa authorities insisted he self-isolate for 14 days, insults the intelligence of even his advocates.  The world is self-isolating at the moment and the rest of us have figured out how to communicate by phone or videoconference.

This football club needs tens of millions to pay the liabilities incurred to get this close to Celtic.  Hopes of selling its player assets for inflated figures have disappeared from their fantasies.  Ex-pats prepared to sink millions into covering previous losses do not exist.

Without Dave King menacing to get his hands on the club within days of Charles Green buying Oldco’s assets, Newco would now be solvent and competitive.  Instead, Green was forced to cut ticket prices and pay Ally McCoist and his squad over the odds in order to keep the fans onside, blowing his business plan apart from the off.

The architect of this clusterstaunch has left the scene, unwilling to be held accountable for what happens next.  Dave, you will be welcome to make the Paradise Windfall draw any time the South African authorities permit you to travel – but I realise you are unlikely to visit Glasgow again.  When the history of our 20-in-a-row, or whatever the sequence becomes, is written, there will be a chapter dedicated to fools like you who made it possible.

Click Here for Comments >
Share.

About Author

519 Comments
  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. ...
  10. 14

  1. PHILBHOY on 28TH MARCH 2020 11:46 AM

     

    If coronavirus disney get me it will be alcoholic poisoning.

     

     

     

     

     

     

    Need to review my spare time!

     

     

    MELBOURNE MICK on 28TH MARCH 2020 11:47 AM

     

    Hello again all you young rebels.

     

     

     

     

     

     

    When this horrible crisis is over i’m thinking of a wee business

     

     

     

     

    venture, a kind of mystery tour thingy using rickshaws, and it will

     

     

     

     

    be called… HUNT A HURTING HUN.

     

     

     

     

    Think i might be run off my feet 8-))

     

     

     

     

    H.H . Mick

     

     

    BLANTYRETIM IS PRAYING FOR THE KNOX FAMILY on 28TH MARCH 2020 11:48 AM

     

    FOURSTONECOPY

     

     

     

     

     

     

    eBay for under £20

     

     

    MARSPAPA on 28TH MARCH 2020 11:48 AM

     

    Great to see some of the old team making an appearance….. To name but a few….

     

     

     

     

     

     

    Jamesgang, Ritchie, Acgr,Mwd, Vfr, Dena, Teuchtar it would be great to see them posting regular again.

     

     

     

     

     

     

    Time for breakfast, went a walk at the back of 2 this morning and slept in… Absolutely starvin.

     

     

     

     

     

     

    Catch yeez.

     

     

    AN TEARMANN on 28TH MARCH 2020 11:53 AM

     

    Canamalar

     

     

     

     

    I read your news about your Dad.

     

     

     

     

    May he rest in peace.i will say a prayer in support of you and your family at this time.

     

     

     

     

     

     

    In answer to your question please stay put.

     

     

     

     

    It is a difficult time for you.i would support BGFC’s post bout advice from virologists colleagues at this time.stay put.

     

     

     

     

    Foreign office in meltdown as all countries change attitude to people in/out of their

     

     

     

     

    country due to covid.a lot are stranded at moment,so please stay put.

     

     

     

     

    I wish you well

     

     

     

     

     

     

    HH

     

     

    Pages:«1234567891011

     

    LEAVE A REPLY

     

    Logged in as Philbhoy. Log out?

     

     

    Your Comment

     

     

    ADVERTISEMENT

     

    LATEST COMMENTS ON CQN

     

    An Tearmann on Signed Roy Keane shirt, Hearts lay it on the line

     

    NorrieM on Clusterstaunch

     

    Park Road 67 on Clusterstaunch

     

    Philbhoy on Clusterstaunch

     

    Melbourne Mick on Clusterstaunch

     

    ADVERTISEMENTS

     

    ADVERTISEMENTS

     

    CELTIC QUICK NEWS

     

    Welcome to the new look Celtic Quick News where you will find the latest Celtic news and features, posted 365 days a year! You can join the conversation too! Simply register and have your say below the blog posts at the top of the site. For more information please email celticquicknews@gmail.com

     

     

     

    QUICKLINKS

     

    Latest News

     

    Celtic Quick News

     

    Football Matters

     

    LIONS & LEGENDS

     

    CQN Bookstore

     

    Match Report

     

    RECENT

     

     

    28TH MARCH 2020 7

     

    Clusterstaunch

     

     

    28TH MARCH 2020 0

     

    BROONY OR VAN DIJK? CALMAC’S VERDICT

     

     

    28TH MARCH 2020 0

     

    THE HEAVE FROM HOOPS: LEGEND RECALLS HOW JOCK MADE CHANGES AT CELTIC

     

     

    28TH MARCH 2020 0

     

    THAT SEASON IN PARADISE: DECEMBER – HOGMANAY HORROR ON TAYSIDE

     

     

    28TH MARCH 2020 0

     

    GOOD BUYS AND GOODBYES: WORDS AND IMAGES OF THE SEASON: JULY 2019

     

    POPULAR

     

     

    19TH SEPTEMBER 2014 3353

     

    Textbook away performance, Brand Britain

     

     

    29TH AUGUST 2014 3233

     

    Europa door ajar for Celtic

     

     

    8TH APRIL 2016 2883

     

    MIH poison, poetic history, value of good players

     

     

    22ND JULY 2017 2751

     

    Look at me, but not at my face

     

     

    6TH SEPTEMBER 2014 2690

     

    Warning from Blue Knights comes home to roost

     

    ARCHIVE

     

    ARCHIVE

     

    LATEST NEWS

  2. Melbourne Mick on

    PARK ROAD 67

     

     

    Would you believe it, people turning up expecting to gather together

     

    on the beaches today again, honestly i think they have a death wish.

     

    Police now issuing fines, madness.

     

    Hope you and the good lady are safe and well.

     

    H.H . Mick

  3. A quick guess

     

    £12 m to close bros

     

    £8-10m to Ashley

     

    £1.2m to memorial walls

     

    £5m to Hummel

     

    £3m to elite sports

     

    £10m shortfall, before the shutdown

     

    £3.5m to cover April & May payroll

     

     

    So just short of £50m to clear feet

     

    Then we have probably

     

    £30m share issue to takeover the club

     

     

    £80m to start with

     

     

    Then try to fund next season, as Gerrard wants a new squad 🤔🤔🤔

     

     

    Anyone see it happening ???

  4. Melbourne Mick on

    Thank you PHILBHOY

     

     

    Didn’t realise i wrote that much but it’s appreciated.

     

    H.H . Mick

  5. This came into my mind this morning and, given the lack of football, I thought I’d share it. In March ‘67 it appeared in the Celtic View, written by a fan before the semi-finals of the European Cup. To the tune of We Shall Not Be Moved.

     

     

    First came plucky Zurich, here for just a day

     

    Gemmell’s goal sulphuric sent them on their way

     

    Then came Nantes

     

    We put paid to their tricky taunts

     

    With a smooth display

     

    Out in Vojvodina, a blunder made us grieve

     

    In our own arena we evened up through Steve

     

    Then Billy rose to head the winner goalwards

     

    With a mighty heave

     

    We’re heading for the trophy for which the Champions play

     

    Though Milan,Prague and Sofia will stand in our way

     

    But Jinky’s there to singe Herrera’s hair

     

    And Stein will shout Ole!

     

    We Shall not, we shall not be moved…..

  6. Hi again Mick , E has just reminded me it’s 3 years since we met up in Melbourne can’t believe it !

  7. Melbourne Mick on

    Watched the third series of OZARK today absolutely brilliant.

     

    Jason Bateman outstanding actor, for everyone in lockdown

     

    do yourself a favour and give it a view.

     

    H.H . Mick

  8. What’s the chance of administration, points deduction thus making us champions and the league being shut down “as is” with the SPFL having dodged the possibility of Rangers complaining that the title award was unjust?

  9. Melbourne Mick on

    PARK ROAD 67

     

     

    3 Years, really? Not had a visitor since you were here.

     

    Haven’t heard from BIGYINMILAN for a while and he

     

    was due over again, just emailed him in France so hope

     

    him and his family are good.

     

    H.H . Mick

  10. Geebee1978

     

    Not sure admin will help with Close Bros owning several assets which will prevent the use of the Hovel

     

    Read Ashley has put in place actions which will prevent Admin from costing him his money owed

     

     

    Sevco 2 could be a bit away, and playing out of Hampdump

     

     

    Hopefully the flies all go to watch the rugby, and give us all Peace 🙏🙏🙏

  11. Ah… but wee Billy McStaunchface 1690 on Twitter says Dave King is the greatest modern day Ranger, a hero who saved the club

     

     

    And he would know better than Timmy

     

     

    WAPT 🇬🇧

  12. MELBOURNE MICK

     

    I know Melbourne is a big city. But do you happen to know a Stevie Marley. Been out there for about 30 years

  13. Melbourne Mick on

    PARK ROAD 67

     

     

    Remember that big Aussie saying to you ” Luv that

     

    Celtic top, don’t know much about soccer, but those

     

    orange bassas will never march in our town ”

     

    That’s why i will end my days here, a place where the

     

    weemhan and even wee Grace can wear their Celtic

     

    tops without fear of being harmed in any way.

     

    H.H . Mick

  14. Melbourne Mick on

    ST TAMS

     

     

    Don’t recognise the name but i will ask PADDYMACOZ as

     

    he knows everyone who’s anyone.

     

    Really incredible how many Celtic minded people are here

     

    in Oz, Celtic really need to maximise that with more….

     

    Fecks sake here i go again with a rant.

     

    H.H . Mick

  15. ‘Dave, you will be welcome to make the Paradise Windfall draw any time the South African authorities permit you to ‘

     

     

    ####

     

     

     

    I take it the Paradise Windfall Draw isn’t a financial activity covered by the Cold Shoulder?

  16. ERNIE LYNCH on 28TH MARCH 2020 12:32 PM

     

    ‘Dave, you will be welcome to make the Paradise Windfall draw any time the South African authorities permit you to ‘

     

     

     

     

     

     

    ####

     

     

     

     

     

     

     

     

    I take it the Paradise Windfall Draw isn’t a financial activity covered by the Cold Shoulder?

     

     

     

    —————————–

     

    Maybe we could double it with a crossbar challenge ?

  17. Marx Bros movie “Duck Soup” line……..

     

    Groucho has just been made president of ” Freedonia”…

     

    and the rich Posh Burd says…

     

     

    ” Your Excellency…its a GALA Day for you”…

     

     

    Groucho replies..” A GAL A DAY is enough for me, as I couldnt handle many more ” !

     

    HH

  18. Melbourne Mick on

    BIG JIMMY

     

     

    Class.

     

    Just catching up with some posts and seen your question

     

    about LE PETITE MERDE, the little shit in French.

     

    How apt was that title for him?

     

    Wish you had caught him when he bothered your burd,

     

    H.H . Mick

  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. ...
  10. 14