I didn’t hear the scores of other games this weekend until today when I read a red card protest (remember the day Celtic fans gave birth to this concept?) occurred at Ibrox to demonstrate disapproval to any potential new owner who plans to liquidate Rangers.
It would be preferable to everyone if Rangers paid their bills, restoring a degree of dignity, although apparently no one is offering to do this. Publicly bidders for the club will all confirm their preference is to exit administration via a Creditors Voluntary Arrangement (CVA). Offering pennies in the pound for a company is unquestionably a great deal, for the buyer, but whoever is nominated as preferred bidder this week is likely to have a serious option to liquidate the club.
Demonising the liquidation option carries risks for Rangers fans. Short of raising considerably more money than they have thus far and paying their bills, there is little fan power can do right now. If liquidation is the best option for creditors it will happen, better to accept the reality of the situation. Whatever the resulting phoenix club is called, if the new owners inherit animosity from the start it will only diminish the potential of their new club.
We’re looking for articles for CQN Magazine again. If there is something you would like to write about email me, celticquicknews@gmail.com.
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Paul 67 –
Aye. The old red card protest was a hoot right enough.
It may have been more effective had they demonstrated 18 months ago when people like yourself and Phil Mac Giolla Bhain were warning of the impending dangers facing the club with an extremely chequered history.
But they chose to laugh, mock and abuse instead. I believe the phrase is ‘too little too late’…
TimBhoy2
Can’t see Hooper going anywhere. he wants to stay & Lenny wants him to stay. We don’t have to sell. We will sell squad players. HH
Gordon_J
It’s not just about those individual players, it’s how they combine together. I mentioned before the Killie game that the midfield of Brown, Ki and Ledley, with Commons playing behind the strikers looked to be our strongest, although we only had the Dunfermline home game to go on. Now we have the 1st half at Killie – they blitzed the opposition midfield. Can’t see past them right now.
Can’t copy and paste properly,going to pub no greater feeling living in a hun invested town when your the champions.
BT that post from oldtim that you posted early this morning, it was brill mate, I’ve saved it for a rainy day when I need cheered up…. Loved every bit of it….. I love Celtic……
I have a feeling we’re on the cusp of something special, if the support (and that’s a given) and the board back Neil Lennon …… We’re going start doing some great stuff in Europe again……
Ps BT thanks for posting…. Thanks oldtim respect.
V
If HMRC accept less than they are due from the huns, by way of a CVA, does that not amount to state aid for a football club?
There’s no difference between HMRC writing off tens of millions of pounds of debt and the state giving the huns a cheque for tens of millions of pounds.
So maybe every club in the SPL should be demanding a hand out from the state.
Paul 67
Duff £ Phelps will want to propose a CVA , in order that HMRC take the blame for taking Dignity (IA) down via a winding up order , as soon as the FTT is announced.
I suspect that the FTT findings wil be shocking and will expose Dignity (IA) to further ridicule , as it would appear that directors, players and agents had their noses in the tax free trough, whilst dancing to SDM’s tune.
I further suspect that HMRC will be just fine with taking Dignity down before the end of the season thus taking them to zero points for this season …….
…..also Duff £ Phelps desperately need the £1m non-returnable deposit for the preferred bidder to keep the show on the road …… Doing the sums Dignity are a busted flush with no cash anytime soon, Friday 13 April 2012 , is as good a day as any to be consigned to history!
Cashiskingcfc
P67
Animosity from the start is pretty much unavoidable with that mob.
Anger,petulance, arrogance and bitterness all come free in the price.
Paul67
Good article, somewhat removed from ‘the reality’ of the the situation where ‘Gers fans’ and MSM are awaiting a new owner, a simple skip out of administration and a
‘carry on’ as if nothing had happened routine.
Whilst we still enjoy our richly deserved Championship win, we’ve still to endure the Blue Knights takeover which will be rolled out and heralded as a triumph as early as this week.
My guess is that we’ll get propaganda, and deceit until HMRC make know their decision, only then will any red card to liquidation symbolism, be truly meaningless.
Vmhan, BT and oldtim
Great quotes there from oldtim. Here’s one from Big Jan to add to the list:
“When I first arrived at Celtic, I thought I understood the tradition of the club, but I didn’t. The Scottish boys helped me. I had to learn and I was soon addicted to Celtic. I started to understand the culture and in time it became like an infection. It’s still with me. Regardless of your nationality, Celtic never leaves you.” Jan Vennegoor of Hesselink
Paul67
Stuck in France for while at airport on Saturday, with a media company owner (used to be my neighbour). Had a meeting with Whytey in Dec last year & wanted to liquidate them then & will make millions when they phoenix. Also says Jack Steadmans (ex bankie owner) son is involved with USA bid for huns, may only be UK pr part of it. Jabba has 2 daughters in Oz, that is why he has spent so much time there, apart from his redundancy at record. Jabba total snake, likes a wee chorus of the sash when away in Europe, has had a few run ins with him.
He is not in written press.
Have the ‘business’ journalists had long enough to consider the currant situation so that they can advise their colleagues in the ‘sports’ sections to put a bit of forensic clarity to the situation…………
Still carrying the ‘perfumed-pig’ idea eh?
Funny that.
PFayr on 9 April, 2012 at 13:35 said:
There is nothing actually there to save. They need to redefine their business model, build up their scouting systems, get the right coaching in so it is football and not rugby they coach (the Danny Lennon, Kenny Shiels approach as opposed to the Myths ).
That will not happen overnight, Celtic are now beginning to benefit from our whole approach but mistakes were made on the way, they will make mistakes too.
The quicker everybody SFA/SPL/Rangers/the Game accepts this reality the better, but on Saturday their support was holding red cards up to it.
My favourite line from The Prophet is
“Pain is the breaking of the shell that encloses your understanding”
The idea of losing their identity is just too painful for them to face. But when reality makes them face it, they will realise how unhealthy their understanding of reality has been for them.
ernie lynch on 9 April, 2012 at 13:44:
“If HMRC accept less than they are due from the huns, by way of a CVA, does that not amount to state aid for a football club?”
It’s just not going to happen. There is more chance of someone coming in and paying all their debts off, than HMRC doing a deal over the debt – and that is never going to happen either.
Sir Paul
jist In…
Liquidization… Liquidization.. Liquidization.
Cased Closed!
Maks Sense tae Me!
Kojo
Still , Laffin’…
BBC NI
Showcasing what they call…The Titanic Season……..
Apt.
;)
Wow
First I heard the Huns got 3 pens on Saturday.
Fortunately, these things even themselves out over the season.
bournesouprecipe
Next game they can stick their heads in place where no light shines – it won’t save them, as the skies over Ibrox darken at the approach of Slim Pickens atop the giant tax meteor.
Yeeehaaa!!!
slimpic
Paul67 et al
As confirmed by Maureen Leslie (MLM Solutions) on Newsnight Scotland, HMRC have a clear stated policy as regards CVAs. They have been hampered, in England by the Football Creditors rule, a rule they are now challenging in the courts. She also stated, and I am paraphrasing here, that she could not see any prospect of an investor, or investors being prepared to take responsibility for £134 million of debt. So, if HMRC not party to CVA, liquidation looms. If I am not mistaken, Portsmouth have already had a CVA, and are now back in administration, thirty five workers sacked, one player still being paid £30,000+ per week. Not exactly a model solution now is it? Of course Rangers could always turn to Alex Salmond for help, this is the guy who gave Amazon £10 million towards a new distribution centre in Dunfermline. Amazon, you know the company that generated £7.5 billion of sales in Great Britain over the last three years, and paid exactly zero in Corporation Tax. Yes that one!
stephbhoy on 9 April, 2012 at 13:25 said:
I tend to leave all the intricacies of building a squad to any manager, and NEIL has done brilliantly, working with PETER and the BOARD ……… within the obvious financial constraints of playing in Scotland, we are moving forward admirably …….l AM A DELIGHTED TIM, BECAUSE I AM NEIL LENNON ……… HAIL HAIL to you, Stephbhoy, and to all on CQN……
If we get to the Scottish Cup Final, I may break my 12 year Bhoycott and go to Hampden …….. I’m even thinking of going to all away games again, if the ‘penny has finally dropped’ that ‘favouring’ any one team destroys the SPORT ethic …….. It shouldn’t be difficult for the SFA / ESTABLISHMENT to revert to fairness for all teams, since their former favourites have very badly damaged Scotland’s football reputation world-wide……..
ernie lynch on 9 April, 2012 at 13:44 said:
Check this.
UEFA on State Aid
up_over
What’s that coming over the hill?
…..as the huns got 3 pens from Wullie at the weekend, does that mean they officially get to keep him?
Stringer Bell on 9 April, 2012 at 13:54 said:
Wow
First I heard the Huns got 3 pens on Saturday.
————-
Hopefully the 1st of a few more penalties they are likely to receive in the next couple of weeks. A multi million £ from Hector one to start with and then another one or 2 from the SFA. :-)
If I could somehow slap the guy in the Go.Compare advert, would anybody on CQN give evidence against me?
bankiebhoy1
turd polishing
Stringer Bell on 9 April, 2012 at 13:54 said:
Over two season sactually.
Collum gave them three v Dundee Utd last season in what looked beforehand to be a difficult game. I think he may have ordered off players as well.
A strange fellow Mr Collum.
PF
Harsh!
I’m doing ma best under difficult circumstances ffs!!!!
;))))
Memories of the waaaaaaaayyyyyyyyy wwwweeeee were
BarbaraStreisand CSC BBC 2 the noo
I posted this for the amusement of the nightshift last night.
It is an article from a Rangers website called “Do The Bouncy”
It is delusionally funny. They are beyond parody.
tainted title
Hey,Paul67,do you never sleep? Ta for the article,by the way;it gives us all a new topic to rip into Rankers with after one of the best weekends I can remember in Celtic’s illustrious history.
Our title being called ‘tainted’ by ANYONE is a total irrelevance. We have won…end of. The undead over in Govan have brought their woes upon themselves,and the likes of Gollum givin’ them THREE soft penalties can change NOTHING. As the league has been won,fairly,and with players we could afford,the record books will show this. The amount of points means nothing….on October 15th. 2011 the naysayers wrote us off. Here we are…the most incredible turnaround and karma catching up with Rankers.
I’m still revisiting the many vids from Rugby Park and still buzzin’!
Many thanks to the ENTIRE Celtic Community for making an older mhan feel like a younger bhoy! HH!
bournesouprecipe on 9 April, 2012 at 13:59:
“If I could somehow slap the guy in the Go.Compare advert, would anybody on CQN give evidence against me?”
He’s a big fullah – I reckon his reply could make quite an impact…
bsr
Agreed.
For every fiver I spend, you’ll slap a tenor.
Steinreigned
Sometimes I think I’d chance it ;-)
Stringer Bell
they do
he gave them 3 ..denied us 1 ..that`s about even NO ??…
bankiebhoy
they`ve owned that fecker for years …sold his soul…invertibrate
oglach on 9 April, 2012 at 13:59 said:
Lots of LOL……
up_over
too funny
Has DBBIA risen yet?
ResurrectionCSC
Teuchter