If Newco think SFA board member Gary Hughes is likely to be a thorn in their side due to his Celtic supporter credentials, or because he referred to (Oldco) fans as “the great unwashed” in 2006, I suspect they are mistaken.
Hughes was a member of the SFA board which last year decided decline the SPFL’s decision to investigate Oldco’s practices. What has now happened, due to the Daily Record’s splash on Hughes’ comment this morning, is that he is effectively neutered on the subject of Newco/Oldco.
None of this is likely to impact on the forthcoming action of Rangers licence to compete in European football in 2011, Gary Hughes has no influence there whatsoever. But it helps create a beleaguered narrative, should matters go against the Rangers group of clubs. And that lot, great or otherwise, do love a beleaguered narrative.
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No great loss being banned from the sh*tehole that is Ayebrokes.We should go the full Monty and ban them completely.
Siege mentality developing over at the home of the sevcomedians and it will only end in tears.
It can only be to Celtic’s advantage – less damage and more income from selling food, Paradise windfall tickets and more people visiting the superstore, etc.
Come on Celtic you know it makes (financial) sense, ban the twats.
If the Huns are anti Ian Maxwell, that can only be a good thing for us…….
Perhaps change is coming to the SFA afterall?
Too late for me, but always look for the positives!
HH.
A total ban.
The only way to deal with those reptiles.
HH.
Well HunMedia is split over cutting our allocation. Away support are miffed (raging really) but others see it as a massive victory.
However their mathematicians ain’t too bright. They see it as adding £3m a year. The forget about the approximate £700k we contribute and the single match tickets they sell.
In reality it won’t add much to their income.
Then again an extra £1m is a lot to them!
KTF
It’s a beautiful evening for making a scenic bus trip from the highlands to Glasgow using the old bus pass, thanks for the info Friesdorfer.
Just idle speculation…so not unlike much of what passes for news in the SMSM..
If you ran a business that was also a professional football club, and you were also involved in the running of a previous incarnation of that club that was liquidated owing 135 million pounds….
Would you be more or less inclined to learn from that event, so that “moving forward” you and the new club could avoid the same fate?
Sevco has had at least 3 owners in it’s short life of 6 years (Whyte & Green, Green & then King) – a fact in of itself that should scream out at the body that is supposed to govern the professional game in Scotland. We deliberately ignore the 3 owners in the last 8 months of the life of the last incarnation ( SDM, Whyte & the Administrators)
All of these owners (except Duff & Phelps) :o) have the same qualities & antecedents – glib, shameless, dishonest & with a history of financial wreckage in their past. That too should scream even louder to the SFA. If only because that is the identical type of owner who corrupted the game in Scotland all the while as he syphoned off cash from the insolvent previous incarnation for himself & his family business.
The new club (for reasons that defy logic in the real world of adults) has been run from the start of its short life in a manner identical to that which brought down the old club and once again, the SFA should be on a high DefCon setting as a result. They appear not to be & it’s hard to tell if that’s because they’re incompetent or are afraid of where some of their skeletons are to be found if they look too closely at things.
Within the last 4 weeks though, the armageddon train for Sevco has gathered speed, in my opinion.
They have debt of approximately 18 million pounds, most of which is in soft loans to current directors or their friends.
They have no bank credit or overdraft facilties.
They have no appreciable income source other than ticket sales & season books.
They have no golden nugget players to sell on for a profit.
The chairman is currently dodging legal court orders & the implications for his failing to follow the instructions of the Takeover Panel, who found him guilty of “fraudulently acquiring a controlling interest” in the new club.
Those instructions included setting aside in a separate account, 11 million pounds for the purchase of shares from those who were secondary victims of his fraudulent hostile takeover of the club.
The same man has borrowed some 4 million pounds from a fringe city finance company which has to be repaid next month. The collateral for this loan is unknown.
Two weeks ago this same person recruited a high profile ex player with no managerial experience to the post of manager of this new club.
Two days prior to this announcement though, two directors abruptly resigned for unknown reasons.
This week, we are advised that the position of another 3 directors are in a “pending resignation” status, one of whom is based in the USA & the remaining two are related.
We also know that these 5 directors are most likely the same men (and their friends) who made the soft loans and who along the creditors for the 18 million current debt.
We are also aware that several creditors are pushing for payment of outstanding high value accounts?
Is it possible that the new manager will assume control of football affairs next week, but also be the front man for a syndicate that will take control of this club?
Why would 5 directors who are all owed money fron the club resign or be very likely to resign just as an apparent football managing ingenue takes control of the main business of the club?
Why would that ingenue take the post that is rightly regarded as the most toxic in British football, when there is such high risk to his personal reputation, somethign that is for an integral part of his employability & image?
Why would the man who would be king appoint such an inexperienced & unproven coach to this post, even allowing for any temporary boost to next season’s ticket sales? His last 3 manager appointments all had greater experience, yet were failures.
Have the directors who have/will resign been told that they are unlikely to get their money back in the foreseable future if ever?
Is the Chairman going to do an SDM?
Is he going to receive 1.2 Euros or 16 Rand for this club?
If he did it would benefit him.
The soft loans mentioned above are not his personal liability and will not be protected by the rigourous collateral, caveats & conditions that a bank would require – so he walks away from them.
Would the 11 milion pounds that the Takeover Panel require him to place in a escrowed UK account would no longer be required if he no longer has any financial interest in the club?
Particularly, if the club is deliberately placed into administration, would the Takeover Panel themselves walk away from enofrcing their ruling?
If he divests himself of his interests in this club to the right “people” then all his problems will evaporate.
They would “buy” the club for a pound, but take responsibility for the known debts (perhaps except the soft loans which would explain why these directros are leaving). That debt would include the Close Brothers 4 million and the outstanding unpaid invoices of anxious creditors.
The price of this syndicate assuming respnsibility for these debts would include their man AND men in key positions at this club, because they’re not stupid enough to allow the existing regime to have anything to f=-do with things.
So, next Friday when Gerrard sits in front of press will there also be some annnoucemts about restructuring & personnel changes in the boardroom?
Or will the syndicate be silent partners hiding behind offshore companies with obscure & exotic names because the charade of RRM rnning the club has to be maintained for commercial intergity?
Just idle speculaion after all, but for me, it allows the casual observer to make more sense of the farce that is unfolding at Scotland’s newst professional football club.
HH
What a statement from Celtic.
Are you listening over there, are you listening over there.
You cut our allowance then we have no trouble filling seats when we cut your allowance.
http://www.celticfc.net/news/14458
hi all not been on since saturday, had a skinful of stella, and joan has said i upset you ghuys over kevj ,so she banned me from the blog, in all sincerity and honesty, i apologise from the bottom of my heart, i love this blog and everyone on it, i know some of you have told me to scroll on by which i will do if that is what you want, but would you let frankie and benny and joan post now and again, luv ya to bits ghuys, and bobby please get back on here.asap. finally kevj ispoke to the exiled tim on saturday about the problem, he said to me keep out of it, which i will do in future, no harm to you bud, so ill finish with kev, post but ffs dont abuse your fellow tims.luv ya to bits hh. and god bless all of you.
Just got a pic from Sevco website saying arrangements with Celtic stays the same…fake news?
from the official site
An unprecedented Double Treble and historic season for the Club has led to a phenomenal level of demand from supporters to be part of Celtic.
We are happy to reciprocate in terms of ticket allocation, something which will give us the opportunity to meet this huge demand to visit Celtic Park.
Delighted the huns are cutting our allocation, had I been them I would have banned us altogether, their ground is unholy, not a place for good people.
As for the figures, I can see them actually losing money over this, fuds.
Banralotathemhunbandits fae Paradise.
John51
Great post. Think you are bang on the money sir.
HH
This monkey hosting SSB, giving it the royal ‘we’ all things Sevco…..a stuttering muppet anyway
Sevco better be careful. If they rile Dermot & Peter again they could be in for some real punishment. How did the gloating by their directors at the semi final work out for them? I think the statement by Celtic shows that we are being ran by real professionals throughout the whole club. The media guys have really been on the ball recently. Is this anything to do with Gerry McCulloch coming in?
TET
My wee mammy used to mourn when I got a ticket for Ibrox games. She told me that I was entering the most evil building in Scotland. She would recite several decades of the rosary during the match for my safe return. Will never forget the look of joy and delightbin her eyes when I told her that I would never visit the Ibrox masonic temple ever again. I will keep that promise to my mother forever.
Boycott doomdome!
….There must be some right “Big Jessies”…………..in that hun support………………..
if they are gonna get aw upset aboooot being referred to as The Great Unwashed……
Sniff-sniff
;)
HH.
Ungrateful bar stewards.
How many parties have we invited them to in the last few years?
Typical huns.
Killjoys.
” Have you seen a Handsome Big Jessie?……No hoh!
…noh, hoh……
Ho ho Ho ho ….ho…….ho!
:)
Has Odsonne signed yet? I need to know. Please put me out of my misery. These withdrawal symptoms are driving me crazy,
Celtic fans have brought this ticketing situation on themselves what with the continuous 90 minute partying, celebrating goal after goal and spilling jelly and ice cream all over the concourse.
No amount of pot pourri and scented candles was ever going to make up for that.
Bada bing
Big Judith on ??
Billy Bhoy
Earlier, I replied to your reply to my post from yesterday about the trophy count.
Franny.
In case you didn’t scroll back.
I left a message for you this morning.
Chris Lennon played and scored the second.
Hail Hail.
DD @6:06
Am with you no tims should go near that hell hole HH
Jimmynotpaul
Yes seen it cheers mhate HH
JOHN51
Cracking post and I imagine you would be far away with your summation..
Something always stinks to high heaven over there…
HH
Well said Celtic…..
H.H
Delaneys
The last time I was at a game there was the day of the disaster, long before mobiles, my parents were beside themselfs, I didn’t have a clue when I got home what had happened.
I ventured back there in the mid 80s, not to a game I hasten to add, but to sell them stuff, I was doing Ok from them for a year till minty bought them, then it changed from 30 days to 120 days payment, that was it for me.
I am not bothered about making a few bob from them, in fact, it makes their coin all the sweeter knowing that a Tim is getting it.
HH
Franny.
The club have been impressed with Chris.
In my opinion he’s quickly made himself the number 1 striker.
Hail Hail
Ooofft. Great statement from Celtic.
Put them back in their box big time. Let’s see what happens when it’s a treble treble and their season ticket sales plummet!
KTF F
Reduced number of huns at CP? Oh well! I suppose it means the cleaning staff will have fewer banana skins and peanut shells to pick up…every cloud ‘n’ that!…
Another squirrel from Glibby the ticket thing, get the crazies onside.
whaursmaorangetap.com
Franny- she looked radiant tonight ?
Not that ah give a flyin….but is there a minimum % that should be offered ?
Just like in europe ?……….Ah feck….they wont know hee haw about that anyway.
Feck them….I dont go tae the games v scum..
and chances of catchin some disease reduced….
HH
SP
Long live the King at doomdome.
He is our greatest ally there since Green and Whyte.
Instant Karma’s gonnae get you!
John Lennon CSC
let them rot in their own midden , we don’t need them, tell them to stuff their tickets.
weebobbycollins
Bathrooms-R-Us share price just dropped as they anticipate an unexpected drop in business & turnover in the coming financial year.
Their main customer is Celtic Football Club.
HH
Deracinate /dɪˈræsɪˌneɪt/
verb
1. to pull up by the roots; uproot; extirpate; eradicate.
2. to isolate or alienate (a person) from a native or customary culture or environment.
Derived Forms
deracination, noun
Word Origin and History for deracinate
n.
1590s, “to pluck up by the roots,” from French déraciner, from Old French desraciner “uproot, dig out, pull up by the roots,” from des- (see dis- ) + racine “root,” from Late Latin radicina, diminutive of Latin radix (see radish). Related: Deracinated.
KTF