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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Tet@00.03
Didn’t hate you before but do now lol.
It was the”slowly working the way thro them” that finally did it.
HH and Nollaig Shona Tet
Celticrollercoaster supporting Shay,our bhoy wonder along the way
sorry only seeing this now
Yes I am M you?
HH
Celtic AGM Highlights
gearoid1998
Sorry bout that :)
E usted gearoid1998
Take care and god bless
HH
margaret mcgill
00:14 on 24 December, 2014
Would never ask you your age, but thank goodness CQN wasn’t about in the 80s try and enjoy Celtic & Cqn and other things we have at our disposal, take care and have a nice Christmas roll on Ross Co on Saturday. I would guess I am a bit older than you, in my lifetime, when Celtic are top of the league nearing a new year May is usually good to us, take care & God Bless, if you are not spiritual, just take care
67Heaven … I am Neil Lennon ….The angels are with Wee Oscar in Heaven.. Ibrox belongs to the creditors
22:56 on 23 December, 2014
https://twitter.com/football__tweet/status/547435254932193280
==============================
What a privilege it was to have watched him, live, from beginning to end, to see his legend rise and flourish, his star become a superstar, and for the global football audience to learn and speak of Henrik and Celtic – eternally synonymous.
The saviour who came unheralded to blind us with glory and break the black hearts of the huns. The King of Kings. We will not see his like again. Thank you for it all, Henrik Larsson.
Man, I miss him.
Sandman……
Celtic legend ?
Henrik, goals the lot (& left) ???
Paul McStay, goals (and stayed) ???
Loved them both but Maesteo for me god bless & take care
We can have more than one hero.
The Maestro and Henke both fit the bill.
Hail Hail.
Gerryfaethebrig
00:35 on 24 December, 2014
Sandman……
Celtic legend ?
Henrik, goals the lot (& left) ???
Paul McStay, goals (and stayed) ???
Loved them both but Maesteo for me god bless & take care
==============================
Are you – from some alternative acid-saturated dimension – actually disputing Henrik Larsson’s credentials as a Celtic legend?
I saw the Maestro too, loved him. But Henrik’s the best I’ve ever seen in a Celtic jersey, and ever will. If, that is, our loan bid for wee Lionel in January fails…
Fred C. Dobbs, heres all 242 of the King of King’s goals, just for you.
https://www.youtube.com/watch?v=LMt_vCidSsA
Very nice indeed.
A Ceiler Gonof Rust,
I’m away to watch that…I may be gone some time :O).
Hail Hail.
Weefra, bring the baccy next Saturday, I’ll take it off your hands. You obviously don’t need it.
Golden Virginia you say………………….hmmmmmmm the baccy of choice:_)
Enjoy Fred. Some of the quality is not great. On the other hand, the quality is excellent.
Maggie, behave yourself. Aulheid, a patsy FFS!!
Acgr did Oldtim call you?
Answered my phone tonight and was told ACH I dindnae want to talk to you I was looking for Acgr…
Nothing like being left deflated. O((
Dena29
Will see you then with Christmas cheer :-)
HH
CRC
125 Years of UNbroken History
Been reading back and find it hard to comprehend the amount of posters saying they didn’t expect a statement from Celtic re the death of the hun.
I expected a statement. I wanted a statement, and I’m still angry that we did not get one.
However, the time for a statement was badly overlooked and has come and gone. Celtic could and should have killed the bullshit on day one. The day the HMRC rejected the CVA and BDO were brought in to liquidate the hun was Celtic’s golden opportunity to do it and do it right. I’m not talking about a gloating statement, I’m talking about a statement that would have worked and not have led to the myth that Celtic need to protect their employee’s and supporters from hun retribution. A statement that the hun horde would have enjoyed. A statement of sympathy at the loss of our rival of 125 years and how we looked forward to any form of new rangers incarnation blah blah.
Celtic have some clever law and council. I’m sure they could have come up with a suitably worded script that would have killed dead any pretence of incubators, company’s that run, corporate husks and all the other pish that has since been pedalled. We had a chance go put a massive boot into the balls of the SFA, Reagan and Doncaster and shat it. or blew it, or didn’t grasp the fact it was the time when a statement would have set the record straight
Why Celtic did not do this is beyond me, it seems naïve in the extreme.
Celtic were weak and allowed the chance to get the whole support onboard pass them by. Any statement now would reek of petty vindictiveness. The best Peter Lawwell can do is a joke at the AGM and perhaps a dig when we meet the new team in our league, if they ever get there.
I’m very disappointed in Celtic for letting the chance to kill the hun / MSM / SFA / SPL lie dead, when the opportunity was staring them in the face.
Celtic shat it when they should have galvanised the whole of Scottish football.
A Ceiler Gonof Rust,
WOW 242 goals and I only counted 19 pens.
Watching that made me think, Jinky & Henke must be the two bravest players I have ever seen.
Hail Hail.
New book; Sally and Happy hour at the Siam Inn… A CQN 5’s publication! Naw, surely not!
TBM
BT, ha ha. Aye the auld yin phoned me. I’d inadvertently dialled his number this morning (I sat on my phone) and he was returning my call.
Had a good chat wi the man. Nice to catch up with him. He always brings a smile to my face.
Are you going to the game on Saturday? Let me know and I’ll bring you a wee sample dram as promised.
HH bruv
Fred C. Dobbs, I watched that vid three times last night and I’m still amazed at the number of goals Henrik scored with his head, he was pretty fantastic with his noggin.
In fact, he was just pretty fantastic.
Glad you enjoyed it. I’ve saved it in my favorites for them rainy day’s.
HH
Barcamole, how you doing, I hope all is well with you after the trauma you endured last year.
Are you here or there?
A Ceiler Gonof Rust,
He was so brave, that’s why Jinky came to mind.
Both would go “Where Angels Fear to Tread”.
Hail Hail.
Acgr
Won’t be there Saturday I’m afraid…
cowiebhoy
Thoughts with Laura and all those who have lost friends and family yesterday.
KTF
A Ceiler Gonof Rust
01:09 on
24 December, 2014
I was thinking on reading your post its a pity that was not done but do not forget the idea that it was still RFC did not take hold immediately Rangers were put into liquidation.
Certainly not in the media who more than any have punted the same club idea. In fact they were quite clear that Rangers had died at the time.
By the time the holding company crap had emerged the opportunity had gone because at the time a clarifying statement would have been made it was not needed.
Anyone any idea when the holding company idea first emerged from where and how long before it was seized on and peddled?
A statement, a statement, gie’s a statement Celtic……
Like that would change anything?
Fact is, “thems” are deid and the tribute act is up sh!t creek and just lost the last paddle.
Rejoice ~ the good ghuys have won……some of us just don’t seem to have grasped the reality.
Merry Christmas & A Guid New Year to all CQN’ers
HH
ACGR
ok
Auldhied. Apologies. That was unwarranted. I appreciate all the information you have provided Celtic supporters and support all your endeavors I just dont trust our board. they are Old Firm.
After looking into it RIFC the Holding Company were registered on 16 November 2012
This is what the BBC were reporting in JUNE 2012.
http://www.bbc.co.uk/sport/0/football/18413384
So it took 5 or 6 months for it to become something different from what was first reported.
croppybhoy
23:16 on 23 December, 2014
Auldheid
Just on to say a quick but heart felt thank you for all your efforts. You have shown huge amounts of perseverance, determination and courage to keep going in the face of a widespread conspiracy of silence on the part of the media. You are doing a job that by rights they should have undertaken.
That you also have to put up with sniping from some of those who are supposed to be on the same side is frankly appalling!
Keep up the good work!
HH
~~~~~~~~~~~~~~~
well said croppybhoy – appalling – spot on!
Auldheid ~ more power to your elbow, you’re doing a grand job.
HH
Margaret McGill
01:38 on 24 December, 2014
Auldhied. Apologies. That was unwarranted. I appreciate all the information you have provided Celtic supporters and support all your endeavors I just dont trust our board. they are Old Firm.
~~~~~~~~~~~~~~~~~
Well done ~ I applaud your ability to reconsider & apologise when appropriate.
HH
Fred C. Dobbs, you’re damn right he was brave. I just watched that again after commenting on the number of goals he scored for us hith the head.
I counted 70 from 242. Quite incredible.
As sandman said, I miss him.
Margaret McGill
01:38 on
24 December, 2014
Cheers. De nada.
It would be a mistake to think that I do totally.
The more you trust folk the more you provide them the opportunity to deserve it or lose it.
Maggie doll, well said.
Now what about that week away in the Cotswalds, jist you and me and some lube and a fry up?
ACGR, Thanks pal, we are fine and we are here but will be heading back again early February, all being well and God willing… Cannot really afford to continue to stay on here with no income, and this is not a moan but when we are back there money is not an issue (for us) so choices are made or determined if you like but hey no worries. You ok pal???
TBM
Auldheid, the first concoction of “the holding company” I remember was when the trucker was involved, although he used the term “incubator” and talked about taking the good bits into the incubator and leaving the shit outside.
My point was that we had a perfect opportunity to issue a sympathetic but unambiguous statement that our rivals were dead.
Celtic blew the chance, shat it or decided for their own reasons it was not in their interest. In doing so they lost support and we are still divided on the issue.
The best one so far though has to be “the corporate husk”. That is a doozie piece of bullshit from the mouth of the hun.
TBM, I’m good. I spent all day today stuffing my bird on the kitchen table. Mrs ACGR was not amused:-)
Still, she’ll enjoy it tomorrow when that big plumper is served up with all the trimmings.
Are you heading back before the Belfast hootenanny? Or will you make that then head to the sun?
HH bruv
Auldheid
Just like to say a big thank you for your efforts and wish you and your family a great xmass.
However, the notion that Celtic were compliant to aid other SPL clubs doesn’t wash. Lawell has now stated on 2 occasions the loss of the 10M, coupled with DD statement points to their wishes.
I gave up my season book of 20 years when Longmuir said Rangers would keep their trophy’s regardless, as well as LNS.
I still have my shares and been to a couple of euro games but without LNS being revisited my stubbornness will not allow me to give up the golf to prop up a rigged game.
I pray LNS is revisited, what are my chances?