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.
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Stepek used to get my dad tickets for games usually Wembley
must be Lithuanian thing
Ive been in Mr Stepeks house
Lennox,Blackpool and the late JD all correct BADA!
!!BADA BING!! on 29TH MARCH 2020 6:11 PM
A trainer allowed on the pitch?
——–
Were you there?
BHOYLO83
Spot on. Football authorities would in effect be incentivising struggling clubs to enter admin.
If one chairman decides to take a fixed term loan to see out this crisis he is entitled to see his club better off than one that decided to enter admin and pay pence on the pound.
A club in admin starting the season level with a club that stood over its debt is morally repugnant.
Re Stepek
An ole workmate our of mine complained that he couldn’t get a job in stepek because he was
a proddy .
My reply…” It’s a bastard ain’t it”?
Tumbling In
VP- ya rascal ye…😁
Trainer question.A wet sponge to the HAWMAWS.
http://www.glasgowtimes.co.uk/news/18343513.coronavirus-punters-defy-social-distancing-rules-pack-strathclyde-country-park/
Fekn eejits!
JC2 on 29TH MARCH 2020 6:17 PM
Stepek used to get my dad tickets for games usually Wembley.
His premises were on Bothwell Rd
I started working for him in 75…. Not for long though.
His daughter stays facing my mums house, speak to her man now and then when I pass by.
Uncle:
No.
Jan Stepek liked the Accies was chairman if i remember correctly
Mustard
You’ll know the end is nigh for them when you see ‘Save Our Game’ headlines appearing in the SMSM.
The sickening irony is the taxpayer could end up bailing them out.
Celtic, who have been sensible and properly run will get hee haw.
JC2 on 29TH MARCH 2020 5:45 PM
WAS only kiddin.he took a dog for a date once.she really was.
HOTSMOKED that is a clue.
Uncle:
All you need is the store.
FU- VG
Favourite uncle
woosh over my head :-)
watched cup rerun on whatts app
with guys in Engurland /Canada aswell as
EK and Ruggy we were all game together a wee bit of memories
Mostly good but remembered my youngest just turned 18 decided he was getting carry oot for walking from Rutherglen to ground and got his old da
a 3 litre btl of frosty Jack (not so good)
probably bankrupt him now
YouTube is a tremendous resource to while away the time between meals.
I should be practising keyboard skills or application tutorials, but instead I’m watching old Celtic games, broken up by music videos and the occasional steam train trip.
Don McLean Crying was followed by the Eagles New Kid in Town.
Every musical taste, or none, can be found with a quick search.
And of course I can have a wee dip into CQN at the same time.
Just reading the news there, chief medial officer saying the measures could be relaxed in 2-3 months. There is still a decent chance the season could be finished in June/July if the remaining 8 League games are compressed into 3 weeks. Wed/Sat/Wed/Sat/Wed/Sat/Wed/Sun. There is a good chance however that supporters wont get into football matches until next season.
1)The first ever fully sponsored Premier League match was at Firhill.Celtic were the visitors,there were two sponsors one was Hoover the other a Glasgow store.Name the missing sponsor?
Lord Lucan
2)Who was the last Lisbon lion to retire from playing?
Don’t know, Bertie Auld, Jim Craig, John Clark, Willie Wallace, Bobby Lennox and John Fallon could still be playing.
3)Vic Davidson signed for Celtic for £30,000 in 1979 from which English club?
Can’t remember but I remember it did not work out.
4)Ten men won the league in ’79 who was sent off?
Anyone wearing a green and white shirt was fair game for this.
And a non Celtic question..What was introduced for the first time by trainer Donald Colman in the 1920s at Pittodrie stadium Aberdeen?
Boiled Sweets or a Flag Day
SFTB
That was funny :O)……you been drinking?
Just started watching Sky 115 Motherwell v DU, if you see the titles at start,check out Peat’s coupon when Broonie lifts the cup,bitterness out of every pore…
Bada
Was it summit like this ?
fikklefame.com/rowland-smith-blue-bell-boy/lon-chaney-sr/
Bada.7.19
Sweet as nectar.
When not out with BSR in the early 70’s I used to regularly party at the Stepek abode on Union Street, just along from Peacock Cross.
Usually after the Clachan, County, Ewing’s, Crown and Silver Tassie up Almada Street.
TBB
When I was a boy my big brothers promised to take me to the preseason “trials”. They explained what trials were and so the night before I Dubbined up my boots — maybe new laces too. Well I never got on the field. My brothers said there were too many wee boys to chose from. Fortunately, Duncan Mc Kay was doing OK at right back.
en.wikipedia.org/wiki/Lon_Chaney#/media/File:ChaneyPhantomoftheOpera.jpg
See if this works Bada…
JNP- BBC have a few finals they are showing, check out the opening titles mate,as you say sweet.Same reptile who said it was really bad that Celtic were winning everything, can you imagine the Chief Exec of EPL said the same of Man City?
VP- you know what they say about auld yins and technology…😜
Bada
It’s a government conspiracy :O)
God Bless the olde Hugh who comes from the Emerald Isle for every game.
I took one of his sweets once, never again. He has dentures that likely mash the hardest boiled sweets ever. I know I’d be losing mair parts of me gnashers if I kept on receiving his free gift.
Amazing Support for the Hoops Howevaaah.
Thats the Main thing.
Rumours were that Wetherspoons were going to open up the old Stepek building on Quarry street I think Mortimer., maybe other landlords objected to it..
Eurochamps67-only the Tassie left now
Marspapa-was the old Bairds no going to be a pub as well?
2017 final
https://youtu.be/Cdz_I1oTw1w
Walked to Rutherglen after this game. Limo driver fecked of with our carry out. Bass a never showed up after the game. Ended up in Chapman’s. Place was jumpin’
T
UEFA have confirmed that they will not be instructing member leagues how to finalise this season standings – that is matter for the leagues. They will however want nominations for next season’s EUFA competitions by 30th June.
The SPFL will need to grasp this nettle.
AD- UEFA desperate to protect the CL and EL,which they have written off this season, they want names for next season. My prediction is UEFA will make about 10 Groups as they won’t have time for CLQ’s,and Celtic will go straight in.