As newco chief executive, Derek Llambias reported to his AGM yesterday, he meets the SFA today to discuss further involvement of Newcastle United owner, Mike Ashley at his club. Ashley is nearing the end of a power-struggle between his faction, which appears to include the Easdale brothers, and pretty-much everyone else who goes to Ibrox, as well as Dave King and other worthies noticeable by their absence when the assets of oldco were to be paid for.
One of this morning’s newspapers appears to suggest SFA board member Peter Lawwell may retire from this meeting on account of him apparently having a conflict of interest, however, I believe this would be extraordinarily unlikely. Peter is no more or less incentive to see business being conducted appropriately than anyone else.
That’s not to say there’s not a conflict of interest. SFA president, Campbell Ogilvie, will also attend the meeting. Ogilvie passed his Rangers shares to his wife when he became an executive director of Hearts. SFA Articles of Association expressly forbids a person from having an influence with one club while “directly or indirectly” being a shareholder in another without the prior written consent of the SFA.
Mr Ogilvie may have attained prior written consent of the SFA on this subject before accepting the Hearts job, but if he did, I don’t see the need to transfer his shares to a family member. This makes Ogilvie look like a tawdry ducker and diver, wholly inappropriate to lead the Association. If I was Llambias I’d challenge Ogilvie the first moment he opened his mouth.
As I said earlier in the week, don’t get too hung up on Ashley’s shareholding. If it proves a stumbling block he could play The Offshore Game and quickly disinvest to an entity based in the British Virgin Islands (seems to be the hot location for these types), the control of which could never be traced to him.
Those hoping the SFA will inhibit Ashley’s land-grab of retail and other rights are also likely to be disappointed. JJB and Wigan Athletic owner Dave Whelan established precedent that he was able to conclude extensive trading contract with other clubs while in charge of Wigan without compromising multi-ownership principles. Ashley can own and exploit all commercial rights of newco.
The key point Ashley will be concerned about in SFA rules is article 13. (3), which forbids persons from having “any power whatsoever to influence the management or administration of another club”.
The rules permit the SFA to grant Ashley permission to increase his shareholding but the phrase “any power whatsoever” is patently clear. Ashley cannot appoint board members or offer loan players.
The Dear Green Place
Yesterday’s uncertainty alarmed many in Glasgow but the reality of the news brought disaster to some. May God help each of them.
There’s always a spring in the step when news of our pal Kano arrives. That changed when I opened the email from Carolyn yesterday to hear Martin was in Intensive Care. We know through his time on the blog that Kano brought vigour and resolve to his life years before his illness struck. If anyone can overcome this, it’s him.
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Joe Filippis Haircut
20:06 on
23 December, 2014
I gave you the constraints I see Celtic working under as I see them.
If I’m wrong I’m misleading myself not being misled.
….pfayr supports weeoscar
20:48 on 23 December, 2014
That unfortunately I cannot answer. I hope and Pray that something has been done.
I think the main point I am trying to make is that if we do say something publicly the MSM will twist it as usual.
Keep the Faith!
Hail Hail!
Live coverage of hearts v Cowdenbeath on radio shortbread, seriously? ?
burghbhoy
20:51 on 23 December, 2014
Auldheid is, indeed, a Celtic legend and he has my eternal admiration / respect for his contribution to the pursuit of Truth and Justice…..
I also would have wanted the Celtic Board to go for the jugular, but I have been in the resistance camp all my life and, believe me, if CELTIC had wiped the floor with them, we would have been dragged into the mire alongside the new entity……..rightly or wrong, I tend to lean towards not disturbing the enemy when they are destroying themselves, which they did, despite the immortality myth…
OUR DAY CAME
lennybhoy
I would have wanted us to say something I just never expected it.
!! Bada !!
As you are such a good guy, you can have it 0:-)
JJ
Jungle Jim Hot Smoked
(from earlier)
I think all us “neutrals” should be hoping that Hibs get a bit of consistency going.
It would be great to see the two Edinburgh teams in the Premier league next season – back where they belong
Ha ha
kdc
Why not? Regardless of the Division they are in, Hearts are still a big Club.No?
JJ
Just scrolling back.
I don’t know neganon from Adam but it was good to see some support for him.
I don’t always agree with him but he is entitled to his opinion as much as anyone else.
It was interesting when a couple of posters were having a pop at him, that yesterday’s word of the day bullying wasn’t used.
sixtaeseven
Your “neutrals” made me smile. I will certainly be a very enthusiastic “neutral” when they play Sevco on Saturday 0:-)
JJ
winning captains
I think you’ve misre my post mate. I’d agree with everything you said.
My point was merely that I never expected a statement from Celtic on their demise.
kdc
21:00 on 23 December, 2014
Live coverage of hearts v Cowdenbeath on radio shortbread, seriously? ?
!
dontchaknow? It’s the bestest, magicest,brilliantest,skilfulest,competitivest, wonderfulest,excitingest, football league in the whole widest World- Mark Hateley.
Not been on CQN for last couple of days, too near the holidays, thoughts and prayers with everybody connected & affected by the recent tradegy in Glasgow, as for that other mob new or old, we know, they actually know the truth, if they want to regurgitate same old lies company/club/new/old let them go with it, SFA ? Sweet F A is what they do, debate about Celtic don’t argue about that other mob whatever happens will happen, by the way they probably lost the Battle of the Boyne but just kept telling everybody year after year that they won it, hope every single person reading this, race, colour or creed has a nice Christmas and just remember how lucky we all are, am probably offline till Friday so will apologise now if any single poster replies and I don’t respond, I would love to sign Guidetti but think Secopvic & Grittiths are due a wee start on Saturday…. Take care & Hail Hail
2-0 Jambos, excellent!
Pains me to say that the one club that has come out with any credit for taking no sh**e from Sevco and Sevconians are Dundee Utd, to the eternal credit of Stephen Thomson.
Maybe that’s why I didn’t mind losing on Sunday (as much as I normally do).
I don’t think the club making some kind of statement would have done much good other than making a section of our support feel better.
When one of the top law lords in the land concludes that serious financial doping did not lead to any kind of advantage on the field of play, it confirms that you are playing at a rigged table.
having said that, I am one of those who would have felt happier had we taken some kind of stance.
Hearts now two up.
That Zlatan’s got some opinion of himself.
He’s not even their top footballer, let alone their overall sports person.
http://www.bbc.co.uk/sport/0/football/30589052
Do Celtic not have a duty to its shareholders to act in their best interests?
Surely it was obvious that keeping quiet on decades of cheating and lost revenues would be damaging for our long term prosperity. I think Celtic (PL/DD) have been extremely shortsighted in this and if they think everything will normalise when Sevco return then I think they are very much mistaken. What do they expect, we all just carry on like nothing ever happened?
Who cares what other clubs financial worries were/are they should have been more concerned about dropping revenues from the only viable cash cow in Scotland. Celtic and they still should be.
H.H!
Just back from a trip to Trader Joes, the U.S. equivalent of Lidl (if probably a bit higher end, but same German owner).
Bubbly, both champagne and prosecco purchased in copious anounts.
I will be toasting tonight in no particular order Kano, those unfortunates that lost their lives yesterday and their families, emergency workers the world over (my best friend here in the US is a fire service paramedic), the Celtic Family, those that work tirelessly on our behalf as the Celtic diaspora (Auldheid, don’t you ever dare give up – as someone younger than you, you provide pointers every day on how to live a decent life in general).
Lastly to Paul, who has provided this forum for the rest of us to share our views and it is my fervent wish for the new year for everyone to attempt to find more common ground on their opposing beliefs and opinions.
Apologies in advance for the sappy post, but as two family members walk the route daily on their commute of yesterday’s most unfortunate events, I suppose I’m feeling a little more appreciative of life today.
Hail Hail.
Burghbhoy….
Weeron
Yes they died. That fills me with glee.
I want justice for their cheating.
Looks like I ain’t going to get it as our custodians don’t have the balls to say anything .
———————————————-
Yes, that justice should have come from LNS. I totally agree that the ‘Inquiry’ was a sham.
I don’t believe (could be wrong) that Celtic FC had Standing at that Inquiry. As such they would have been unable to examen the witnesses or influence the outcome.
I do agree with Auldheid’s Celtic Serenity Prayer however.
Good thing about Celtic keeping a dignified silence ???? Not 1 death in the streets at a football match in 3 year. Hail Hail
Jungle, cause it’s a total joke, how much coverage have Inverness utd and Aberdeen had of their midweek games. It’s all part of the propoganda
Hello again all you young rebels
Christmas eve here, and although it’s a sunny 26 degs that wee vid. of
Hue and Cry and mother Glasgow, dark and rainy, but it brought a wee
lump to my throat, i’ll always miss it.
So sad too for those families who lost their loved ones at George square
and for kano and our own Bobby Geddes family in Oz bad times, it really puts
a lot of the guff we argue about on here into perspective.
I will only be lurking over the festive period as i’ve no doubt a few haufs
poured into this auld body and i’ll just print out gibberish, so i wish you all
a very happy Christmas when it comes ( even the trolls, after all were all human )
H.H Mick
not to challenge sevco on their identity as a new club is cowardice of the highest order,
rangers old co cheated its as simple as that and by accepting new co with out telling the truth is cowardly, and auldheid much as I like you I think you know our club our cowards money is god.
Having had a little think about it (very little), I would say that Celtic will be afforded many opportunities to make seemingly banal comments before the LC game against Sevco.Comments that would cause no offence to all but the most rabid eg ” Yes, of course I am looking forward to the game.I know they are not Rangers anymore but the atmosphere will be just the same.” By ` Celtic `, If the Manager, the Players and the Executive present a united front of this ilk, I think most will be at least partially satisfied.
JJ
At the same time they run down the premier league in our country at every opportunity
Ellbhoy
I agree
However DD is the major shareholder ..he wants the Rangers back …or so he says …
TontineTim
Nice post Te Sweeney family.
Heartbreaking watching news tonight.
God Bless the families.
Spent afternoon compiling stats for Boxing Day fixed odds. Had table competed twice and Ipad froze!
Anyway
Best division for draws is English Championship, 32% of matches drawn. Worst for draws is SPL at 26%.
Best for aways is English 2 at 40% of matches away wins…followed by SPL at 39%.
. Home Draw. Away
English Pr. 44. 27. 29
Ch. 42. 32. 26
Division 1. 38. 27. 35
Division 2. 40. 20. 40
SPL. 45. 16. 39
Ch. 46. 20. 34
Scottish 1. 46. 25. 29
Scottish 2. 44. 19. 39
I have done well this season with 3 selections from tight games in top 2 English leagues, with home team at least evens. Take 1X In3atches, equals 8 trebles. Ipswich last week were a generous 7/4 at home to Middlesbrough. Wolves’ 9/4 the draw. If you get 1 draw, fair return. 3 draws pays on average 3/1. AND, you can have your three 1X selections with 3bankers for a bet of 8 sixfolds. If they all pull then it’s gardening leave time !
No ‘media’ allowed at yesterdays agm, shareholders only, yet most of our ‘media’ can give analysis of conduct and comment. Which tells us…….
ellboy – i am neil lennon, ynwa.
21:15 on 23 December, 2014
Agree with you also, but difficult for our Board
Melbourne Mick
A Happy Christmas to you and yours as well as A great new Year
Hail Hail
san diego bhoy
no need to apologise for the “sappy” post, it does you good to let it out. One of the good things about blogs like this and/or Twitter is that it allows people to have contact with other people, especially at this time of year.
I have known people to go seriously off the rails at this time, with the recent Glasgow events, there is even more need for people to reach out to each other.
I am so lucky to have freinds and family around, many are less fortunate.
melbourne mick
21:20 on 23 December, 2014
I wouldn’t worry about posting gibberish, swally induced, or not. Gibberish is the order of the day on here at times and I’m presuming some folk don’t have the excuse of alcohol! Post away!
:-))
Kdc.
A point I made in work today.
Wilson and Lamont of BBC freely admitted they attended.
kdc
I am most definitely on your side re the ridiculous bias in favour of Them in Scotland. I can , though, see that a case , an honest case, can be made for arguing that Hearts, Hibs and Sevco in the second tier makes the second tier more worthy of coverage than it normally would be.
JJ
Surely we all know they are died ?? No doubt about it. Anyone questioning the fact are in denial just like the hun media. Celtic FC know it , DUFC know it . Big man fae Raith, Turnbull knows it . Even the side breezered , sash singing ex hun noo at coewden knows it. What mare ???????
melbourne mick
21:20 on 23 December, 2014
P.S.
I ought to add that I really enjoy your stories and anecdotes.
67 heaven
What’s difficult about it
Seems that we are supposed to frightened of the bullies lest we slight them
Feck them I say …grind them to dust and the problem disappears