Demonising liquidation carries risk

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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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990 Comments

  1. @alexthomson on Twitter:

     

     

    RFC is to sport what RBS is to banking. It’s abt broken capitalism in 21st c and morality. What it’s not about, is football.

     

     

    Well we know that Alex, have you seen them play :-) Seriously, this guy just keeps getting better.

     

     

    Momentum. Ye cannae whack it.

  2. Before anyone calls me a hvn, I have posted here since CQN’s 1st year in 2004 and have met many of the regulars on several occasions.

     

     

    I am not trying to be in any way controversial, but I am genuinely concerned that Joe O’Rourke’s Titanic tweet is being airbrushed into banter. Joe needs to resign. I am prepared to give him the benefit of the doubt that he is not a bigot, but perception is everything, and his tweet in no shape or form represented me. My club is better than that. Probably doesn’t matter, but for the record I am an atheist.

     

    =======

     

    What did he say that ‘offended you’ What part of his post was bigoted?

  3. Lennon n Mc....Mjallby on

    I would like to think Willie Collum has a close family and enjoys their company often.

  4. LENNYisAwarMACHINE on

    Bloke109 is Neil Lennon on 10 April, 2012 at 11:49 said:

     

    @alexthomson on Twitter:

     

     

    RFC is to sport what RBS is to banking. It’s abt broken capitalism in 21st c and morality. What it’s not about, is football.

     

     

     

     

    This guy is very quickly becoming a hero of mine.

     

    Unmasking the MSM’s compliance for all these years and with all the subtlety of a bull in a china shop.

     

     

    He has them on the run.

     

     

    PS – is the Jackie Mac that was posting the same one that lives in sleeps Hollow, with his 3 awesome dugs, and 2 ladies?

  5. Oglach – he wished death on Protestants. It’s not difficult, subtle or complicated. If Donald Finlay had tweeted the equivalent we would all be (rightly) up in arms.

  6. LENNYisAwarMACHINE on

    Bryce Curdy: where is the full tweet?

     

    I skipped several pages instead of reading right through.

     

    Could you point me in its direction please.

     

     

    Thank you

  7. Bryce

     

     

    I agree, he should resign for being stupid! HTF did he think that wasn’t going to be picked up and used to slam him, the CSA and the Club itself?

  8. Bobby – if I remember correctly it was your goodself who sent me a DVD of the 1967 World Club Championship, so (and I know you’re joking) my hvn free credentials are hopefully intact.

  9. Lennon n Mc....Mjallby on

    Joe O’Rourke does not hold the same position in society as Donald Findlay.

     

     

    If one of the RST nutters said similar,in the same context,they’d still be getting on telly.

  10. Bryce Curdy on 10 April, 2012 at 11:55 said:

     

    Oglach – he wished death on Protestants. It’s not difficult, subtle or complicated. If Donald Finlay had tweeted the equivalent we would all be (rightly) up in arms.

     

    =======

     

    No he didn’t – he stated that if the ship was full of the people that built the ship when it sank it would have been no bad thing. He was clearly referring to the real sectarian bigot’s endemic in H&W shipyard Belfast those ‘innocent protestant’s who built the ship. You know those same ‘innocent’ workers who murdered and assaulted their fellow ship yard workers for the crime of worshiping in a different church to them, the same workers who boasted and sang songs about throwing Catholics into the Lagan the same workers who led pogroms against Catholic enclaves in East Belfast.

     

    Wind your neck in.

  11. Lennon n Mc….Mjallby on 10 April, 2012 at 12:02 said:

     

    Joe O’Rourke does not hold the same position in society as Donald Findlay.

     

     

    If one of the RST nutters said similar,in the same context,they’d still be getting on telly.

     

     

    ………….

     

     

    However, we are better than that mob!

  12. LENNYisAwarMACHINE – I’m struggling away on an iPhone. If you google Joe O’Rourke and twitter I’m sure it will be quoted verbatim on the 1st page. I pride myself on being a more decent person than the average Hun. This sort of stuff seriously challenges my belief.

  13. Went to see what the fuss was about,Joe Orourke has deleted his

     

    twitter account,getting pelters on RM that quickly descends into

     

    child abuse stuff

  14. Lennon n Mc …. Mjallby – agreed, but doesn’t make it right. We are better than that.

  15. Buddy Morrisey on

    re Celtic SUpporters Association leader and twitter

     

     

    Wishing death upon others for implicit sectarian employment practices is lacking a degree of empathy some would regard it as a sin and certainly against the teachings of the Christ.

     

     

    To refer to something 100 years ago and wish that thousands of lives lost could have been added to, seems a remarkably stupid comment. And he is supposed to represent the best that Celtic stands for?

     

     

    When people do wrong they need to accept responsibility.

  16. Lennon n Mc....Mjallby on

    A daft remark that the ghuy obviously regrets,there’s no need to join a witch hunt,last word for me.

  17. I believe that what Joe was thinking & feeling were sincere & valid judgements on the bulk of Harlands workforce at that time.

     

    What he actually WROTE was, at best, ill-judged.

     

    It happens to all of us at one time or another.

  18. Oblast – who knows exactly what he meant, but at the very least he is guilty of utter stupidity for allowing reasonable people to perceive him as a bigot. While I’ve never song one and never will, I think the IRA songs are more morally defendable than this.

  19. We are The Champions,and there’s absolutely nuthin’ that Gollum and his ilk can do to take that away from us!

     

    “Celebrate good times,come on!”. HH!

  20. Bryce Curdy

     

     

    You just used the word ‘hun’, I feel you should resign from CQN immediately or was it just banter?

     

     

    Glass houses are a basturt… ;)

  21. Liquidation would be just. I can’t think of another business of this size who would have been spared the Reapers Scythe with these financials and history . Well I can think of one, but MIH are being asset managed to a lingering death rather than outright liquidated.

     

     

    Whilst we wait for the FTT to commence open season on Murray and his actions, it’s as feel to remember the issue that marches in step with EBT misuse, and thats the question of registrations.

     

     

    The issue is much wider than just the SPL. Rangers are accused of improperly registering players not just for the SPL

     

     

    They are also accused of playing improperly registered players in the Scottish Cup, which makes it an SFA matter

     

     

    They are also accused of playing incorrectly registered players in the League Cup (in whatever guise) . That makes it an SFL matter as this is their competition

     

     

    They are accused of playing players who were not properly registered in European competition. That makes it a UEFA matter.

     

     

    Their players also represented many countries whilst not properly registered at club level. That makes it a FIFA matter

     

     

    This is the scale of the problem. Sion were hammered by UEFA and the Swiss FA.

     

     

    The SPL and the SFA better get to the bottom of this. No whitewash. Rangers have now had 2 consecutive thoroughly discreditable owners. There has been an accumulation of unethical, immoral and dishonest behaviour going back decades.

     

     

    I have yet to hear a single word of apology for unethical, immoral and dishonest behaviour. All we have had is a couple of lines from Murray about being duped and he regrets that.

     

     

    Murray is shameless. He is the most disreputable individual ever to play a role in Scottish football. Whyte is a mere footnote compared to him

  22. I’m amazed by the amount of people who post stuff on F/book and Twitter without realising who is able read it, and in what context they make of it.

     

    There are people in my work on final written warnings about what they’ve written about co-workers.

     

    At my daughter’s school, there have been fights between the mother’s of children all over what one kid is saying about the other. I kid you not!

     

    There are other horrible stories that I could tell, but you all probably have heard similar stories before.

     

     

    SPF

  23. Marrakesh Express on

    jungle jim 10-26

     

    The Larkhall story is unbelievable but true. It beggars belief the a local council are seen to more or less condone the actions of these morons. The town’s name is synonimous with bigotry and you would think someone in power there would attempt to create a better image. Larkhall is closer to Hicktown Alabama circa 1950 than it is to Western Europe 21st century. Sadly there are others just as bad, like Shotts, Harthill and Kilwinning.

     

    Another embarrassing blight which makes Scotland in my opinion, the most socially backward country in the EEC. ‘Best wee country in the world’ has to be a joke.

     

     

    hh

  24. Channel 4 journalist in assault threat over Rangers reporting and claims of “destroyed” media in Glasgow

     

     

    Channel 4 News chief correspondent, Alex Thomson, has revealed he has been physically threatened by a Scottish journalist in a hostile media atmosphere in Glasgow during his current investigation into the tangled financial affairs of Rangers FC.

     

     

    Thomson, who has covered 20 wars across the globe in his 22 years with Channel 4 News, claims that asking questions about Rangers FC “clearly angers some in the Glasgow media in a way I’ve never seen in 25 years of global reporting.”

     

     

    In one blog, he asked why nobody saw that the club’s former owner Sir David Murray’s was crumbling, and nobody at the club, the Scottish Football Association and the Scottish Premier League questioned whether current owner Craig Whyte really was the man to buy Rangers FC.

     

     

    “Because – like the bankers – everyone was having too much fun living the dream? Partly yes, but partly a crucial check and balance to all the Ibrox hype had all but gone,” claimed Thomson.

     

     

    “For years too much football ‘journalism’ in Glasgow had been too lazy, sycophantic and incapable of asking awkward questions.” ~

     

     

    In another blog, Thomson, an Oxford university graduate who began his broadcasting career with the BBC in Northern Ireland, explained: “I’d expected the paranoia, insults, spin etc – hey – this is ‘fitba’ after all and I welcome it good, bad and ugly, from fans within and without Glasgow. Indeed I’ve gone out and asked for it.

     

     

    “What I didn’t expect were the insults (and in at least one case a direct physical threat) not from fans but from Scottish journalists. Sarajevo, Mogadishu, Kabul, Islamabad, Tripoli, Baghdad…I could bore you with more – in none of these places have I ever got this interesting reaction from local journalists.

     

     

    “Only in Glasgow. So something’s up. Something’s different. Something about asking questions about RFC clearly angers some in the Glasgow media in a way I’ve never seen in 25 years of global reporting.

     

     

    “Equally, a number of fine Glasgow journalists have been incredibly helpful, encouraging and agree there has been something deeply wrong for far too long in the culture of reporting RFC.

     

     

    “They know who they are, male and female, working in papers, radio and broadcasting and every single one has encouraged me to dig around in an area many cannot, will not or are prevented from, exploring.

     

     

    “I refer of course to ‘succulent lamb’. Graham Spiers, seasoned football writer in Glasgow was there the day it happened.

     

     

    “He and other reporters dined with Sir David Murray – then Rangers FC owner, in the Channel Islands. Murray – as ever – was talking big on the Rangers dream-theme, laying out plans for the club that seemed to go well beyond the mere limit of the sky.

     

     

    “There duly appeared copy praising the ‘succulent lamb’ that was eaten – the ‘fine red’ that was drunk.

     

     

    “The food and drink were taken – so was this man’s dream of Rangers – all without much question in some quarters.

     

     

    “I make and imply no criticism at all of the reporters present – what intrigues as an outsider is how many people years later around Glasgow happily talk about ‘succulent lamb’ journalism.

     

     

    Thomson goes on to quote Spiers, who recently left The Times as its Scottish football correspondent, at length from an interview for Channel 4 which can be viewed on its website.

     

     

    Reported Thomson: “Let Graham explain – he was actually there, after all:

     

     

    ‘Succulent lamb journalism means a culture – and I hold my hand up here too – a culture of sycophantic, unquestioning, puff journalism that went on around Rangers generally and Sir David Murray particularly.”

     

     

    Thomson continued: “Of course you’ll see it to some degree across sport, across football. But it was, many Glasgow journalists say, more damaging here.”

     

     

    “’Look’, added Spiers, ‘you are making a pact with the devil if you like. You get thrown the best scraps. You get something for the back page or whatever. But there’s a tacit deal. You don’t dig too deep. You don’t cause any trouble’.”

     

     

    “So Big Dave’s dream was shouted across Glasgow. Fans loved it. It shifted papers. Everyone (in blue) wanted in, needed to believe.

     

     

    “So it went on – year after year. On one side the directors at Scotland’s football ‘governing’ bodies didn’t ask much. On the other, large sections of Glasgow football journalism declined to delve.

     

     

    “How else to explain Ibrox’s boom to spectacular bust? How else to deal with the fact that when Craig Whyte took over it was stories of a ‘billionaire’ with ‘off the scale riches’ that were pumped out?

     

     

    “Ten minutes on Google or in Companies House could’ve ended that. But no. It was dreamland the fans wanted, dreamland much of the media bought into and a club already financially crippled was about to be further injured.

     

     

    “Legions of fans sold out again, as it would turn out.

     

     

    “Succulent lamb culture has permeated to a degree that, as one prominent Glasgow tabloid journalist put it: ‘The press -a really critical check and balance in the normal way of things, had been more or less destroyed in Glasgow’.

     

     

    “So are things any better today? Is succulent lamb off the menu – replaced with humble pie?

     

     

    “I leave it to others to judge if that succulent lamb cozy Glasgow football culture has really gone away.

     

     

    “How come nobody saw Sir David Murray’s Rangers empire was crumbling?

     

     

    “How come nobody at the club, the SFA, the SPL questioned whether Craig Whyte really was the man to buy RFC?

     

     

    “For years too much football ‘journalism’ in Glasgow had been too lazy, sycophantic and incapable of asking awkward questions.

     

     

    “Some notable exceptions of course – but the dismal rule stand out thereby. And it’s not clear things are getting all that much better even when faced with the massive corporate car-crash which is Rangers today.

     

     

    “The culture of taking wild stories at face value and pumping them out appears alive and well in Glasgow – the record will show the MSM [mainstream media] in that city have been left standing time and time again by bloggers getting the facts in their spare time often many miles from Glasgow.

     

     

    “Media studies PhD anyone? Tis fertile ground,” he concluded.

  25. Joe O’Rourke tried to be funny, many of us do it on here all the time, and sadly many fail, including myself on many occasions. He tried to be funny replying to an old joke that’s been doing the rounds about Potestants building the Titanic and Catholics building an ice-berg. Context and the restrictions of social media come into this.

     

    He said:

     

    “Brilliant, the only problem is, the ones who built it didn’t sail on it.”

     

     

    He has now apologised and admitted the comment was wrong. Given his position with the CSA he should have been more careful. I can see where the calls for his resingnation come from but I’d go further.

     

     

    I’d make him watch the film in 3d for punishment-twice!

  26. Buddy Morrisey on 10 April, 2012 at 12:15 said:

     

    re Celtic SUpporters Association leader and twitter

     

    re Celtic SUpporters Association leader and twitter

     

     

    Wishing death upon others for implicit sectarian employment practices is lacking a degree of empathy some would regard it as a sin and certainly against the teachings of the Christ.

     

     

    To refer to something 100 years ago and wish that thousands of lives lost could have been added to, seems a remarkably stupid comment. And he is supposed to represent the best that Celtic stands for?

     

    When people do wrong they need to accept responsibility.

     

    ======

     

    I have little doubt that Joe regrets the comments and to voice such an opinion in Scotland obviously leaves him open to misinterpretation and condemnation from the usual sources. However everyone should get a grip. Why should Joe show a greater degree of empathy than anyone else? I fail to see what the teachings of Christ have do with this unless being a Christian is a prerequisite of being a member of the ACSC.

     

    As far as forgetting things that happened 100 years ago – well take a wee look across the water at the celebrations and money being spent on the commemoration of the Titanic in Belfast. The history of H&W has been airbrushed clean no mention of murder, pogroms or bigotry in the yards. Perhaps Joe has merely passing an ironic comment.

  27. Irrespective of the validity or otherwise of Mr.O’Rourke’s comment, I have always been uncomfortable, even pre Internet, of headlines that proclaim,

     

     

    “Celtic Fans’ Chief Says….”.

     

     

    A secretary of any organisation does a very important job. He/ she is responsible for the smooth running of their organisation.

     

    nothing more, nothing less.

     

     

    They do not speak for their grouping and should not speak, or use their position to speak, on anything that pertains to their members: unless it is in the form of a statement passed by the members or committee.

     

     

    In the case in question, it was either a case of crass stupidity or arrogance that allowed the author to be quoted thus.

     

     

    In either case, he should step down.

     

     

    He has made his Association look cheap and shallow and Celtic supporters are better than that.

  28. My dear,dear,dear,friend..A SonofDan

     

     

    Pal.. Ah’m wit you!

     

    Gordon, is a Failed ‘Keeper..

     

     

    He has Dis-Improved.

     

     

    and that’s a Very Bad Sign…fur..

     

     

    A Journeyman, o’ withevah occupation..is expected tae..

     

    No dae THAT..in fact.. he is expected tae dae the Exact Opposite!

     

     

    And Gordon .. hisnae..

     

     

    He is HIs Turned intae ,whit is Known in the Trade..

     

    As…”A Kipper.. No.. A Keeper!”

     

     

    Neil, is no daftie.. neither is Martin O…

     

    and Martin.. Has Made it very clear that This Particular..Gordon is No fur Him…nor..may Ah Add. Fur Me!

     

     

    Kojo

     

    yer pal..who likes ye aloater.

     

     

    Still Laughin’