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.
860 Comments- Pages:
- «
- 1
- ...
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- »
http://www.celticfc.net/news/7360?
Bring a tear to a glass eye, that wid.
Away to my kip with a smile on my face.
Perpetually locked into something I do not want to think about… Loss.
Which makes me think…Frequently…
Do not Celebrate Christmas.
Appreciate It.
PJ
Wise words
Football fans forced the huns to start in the third division. Most clubs would have let them start in the first division but for fan power.
The Celtic board voted to stop 25,000 fans turning their back on the club.
Our board have played the “lots going on behind the scenes” card with regard to the preferential treatment the huns got and continue to get.
When crowds continue to dwindle it’s not because of armageddon it’s because many of us are fed up the way the club is run.
I don’t expect a top class manager at CP or world class players the game has moved on financially.
I do expect the club not to take a cheap managerial gamble and try to market him as the new Klopp. I also expect the board to support a new manager even though he shouldn’t be near a club our size with some money to buy not loan a shower of misfits.
Wee Jay saying “this is for Oscar”, i have a new hero.
Good morning CQNers,
I won’t have much time over the next few days to check CQN so may I take this opportunity to wish you and your’s a joyful Christmas.
https://www.youtube.com/watch?v=V8BJxxnPBNk
Happy Christmas
murdochbhoy
Pharaoh’ts a grand old team, eh Eurochamps.
Doubtless SoT will be on shortly with today’s list of Christmas songs, one of which, surely, will include the word Sheikh in it?
Doubt Sheikhin Stevens’ Merry Christmas Everyone would be permitted at Castel SoT though.
Top of the morning to you all on this Christmas eve from a wet & windy Fife.
I look back on the Celtic year with mixed feelings, our stewards have not covered themselves in glory, but what’s new.
Good to see the GB back, Ronnie doing O’K & our friends across the river continuing to provide us with conduct that is beyond parody.
Hail Hail and have a good time with family & friends.
This is the best day of the year.
HH.
Of course, a bit of The Smith’s This Sharming Man wouldn’t be out of place.
I would go out tonight…
Morning all.
Still dark, cold, wet and windy down here.
How is the mood on CQN? In spite of everything, I hope everyone experiences some peace and joy at Christmas.
Personally I cant be ersed with this time of the year.
My two weeks off work are almost spoiled by the pubs closing at stupid times, the taxis being a rip off and the shops being that busy that even getting a loaf of bread is a hassle
At least theres some top quality sport on a lot of the time. but even that stops on a few of the days. harumph.
BahHumbugCSC
Morning bampots. If you’re not at work. Why are you here? Get festive. Merry Christmas.
Ploughing a lone pharoah there me sphinx TBB.
EC67
LostconnectionbythepoolCSC
Cowiebhoy
Have been very busy of late, so just had chance to catch up. My prayers and thoughts are with Laura and I hope that her sadness will be eased soon. My prayers have also been with the families of those who lost loved ones. I will continue to prayer for all the dead, especially Stephanie. RIP.
Even in these sad circumstances, I wish you a blessed and happy Christmas. I pray the Christ Child will bring your daughter and all who suffer comfort in these difficult times.
PFayr
If you’re still on can I just thank you for your advice, help and support last week my friend.
foghorn leghorn
08:55 on
24 December, 2014
==============================
I was a bit bah humbug too mate for many reasons. I recently took my 3 year old grandson to see Santa, the look on the wee mans face just melted me. Count blessings pal and cheer up ya miserable sod ;-)
Poolside music courtesy of Biffy Cairo presumably
bawsman,
ok
im off to see santa then to see if he gets me into the seasonal spirit
he might have his work cut out though
;-)
Connaire 12
Thank you very much, that means a lot – I will forward that message onto Laura
Lennybhoy
A huge thanks to you as well, she has dropped me a note, delighted with your connection and message
Hail Hail
foghorn leghorn
09:28 on
24 December, 2014
bawsman,
ok
im off to see santa then to see if he gets me into the seasonal spirit
he might have his work cut out though
;-)
===================================
1st step taken………..well done you :-)
All the best mate.
cowiebhoy
09:33 on 24 December, 2014
A small thing to do my friend. It must be hard for her at this time of year and with loss of her dear friend. It is at times like now that we need a wee message from those that care.
A Happy and Holy Christmas to you, H and the rest of the family.
And a Happy and Holy Christmas to all of the CQN community and their families, especially to you lurkers, you mean as much to the this dear green place as the bloggers, even to you not of the Celtic persuasion.
Keep the Faith!
Hail Hail!
I see Tony Watt is lining up a move to his 5th senior club at the age of 20, in the shape of Charlton. I didn’t realise he hadn’t become involved in ‘proper’ football until he was 15. Perhaps he simple can’t get into that mindset of actually looking on training as his job. Seems a pity that he can’t sort it out.
I see Lenny has signed Emile Heskey – isn’t he about 40 by now? And he wasn’t very good in his prime either.
Festive reasons to be cheerful part 67
You never hear ronan keatings version of fairytale of New York on the auld wireless
Gordon_j
37 in about two weeks time
Incredible.
And I guess he will earn north of £15/20k a week too…..
Som mes que un club,
I wasn’t too far out then. I always though Heskey was so over rated. or a big guy who looks like a boxer he is always easily bullied by defenders and goes down so easily. And his goals record s nothing stunning either.
The big crumbling hoose over Govan way.
Is it Castle Greyskull or Snake Mountain ?
Greyskull for me.
HH.
It Was Christmas Eve Babe
My friends in Celtic,
While mindful of the devastation and tragedy to affect so many families on Saturday, I would like to respectfully wish all on CQN Peace and Happiness this Christmas.
HH to all.
Apologies Monday
Sandman 00.43
Agreed, Henrik is and will always be a legend, reading back my comment looks bonkers, sometimes what we think and what we type reads different, there was no malice towards the King of Kings, apologies for that mind-bending post
Greenpinta
Greyskull SOUNDS more fitting but Snake Mountain is more accurate.
JJ
Interesting to see that Lenny has finally managed to sign long time hoops targets Gudjonson and Heskey.
Can only be a matter of time before Hakan Yakin becomes a Trotter – or is he still too young?
RD said he was going to keep guys rather than spend next month,who’s getting a new deal then?
Commons,Gordon,? Could also be read as,we are not going to buy to improve the squad.
“The origin of Castle Grayskull was related in the read-along book “Castle Grayskull” [2] as once being the beautiful “Hall of Wisdom,” the “center of Eternian culture and a storehouse of all knowledge of the universe……It is a frequent target for the Forces of Evil.”
In the drunk tank
Tim malone,
He’s next up after Ian Harte :)