Directors bail as court orders served

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Walls are closing in on Dave King with the news that the Takeover Panel were granted a court order to force the Newco chairman to offer to comply with count instructions that he buy out shareholders outside his concert party.  Money for the offer, totalling £11m, has to be in place before it can be made, which is the sticking point.

While all of this MAY be no more than an administrative oversight, Newco have just announced the resignation of two directors: Paul Murray and Barry Scott.  Murray, a director of former Rangers, has been an absolute charm.  How Newco will survive without his Midas Touch is unknown.

Directors of a business are liable for its conduct, have a duty to protect the interests of all shareholders and creditors.  If they fail in this duty, they can be prosecuted.  Paul Murray was a close ally of King, especially during the years the Glib and Shameless one agitated to get control of the club he supported all of its life.  To paraphrase Deepthroat, follow the rats off the ship.

The Newco experiment has failed.  It is a shambles at every level, drowning in toxicity, with regulatory, legal and funding challenges out with its control – and things are not going too well on the field either.

Remember, current custodians and fans groups chased the Easdales (actual benefactors) and one of Europe’s richest men (who loaned Newco five players), out of town.  For what? They knew the money they had.  They knew there would not be a Nomad in place “within 48 hours”.  They were not Fergus McCann-type newbies to football, they knew the resources required to run a football club.

They knew all of this better than you or I, but we were the ones pointing out the blatantly obvious.

Where is the Mea Culpa from those who led the fans?  Who is there left with clean hands?  When will fans be told how bad things actually are (they are very bad, btw)?

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  1. i'vehadtochangemyname on

    There’s a post from a resigning club 1872 director on FF – interesting from a history of scottish football point of view .

  2. SFTB

     

     

    Sure you can get in a line about everybody knows there aint such thing as Sanitary Clause.

     

     

    Coat. Got.

     

     

    Jimbo67

  3. Goooooooooood Evening CQN- hope you are all just Champion ?

     

     

    Kikinthenakas – very hooopy birthday ( would love to be listening to the music at your party ??)

     

    BRTH – like your LinkedIn post, shared and donated, awesome J, what you are doing there ??

     

     

    Now, I hear the ship is sinking, or empire crumbling, your choice, let’s hope there is not re-incarnation through Admin

     

     

    Hail Hail

  4. Delaneys Dunky on

    Emeraldbee

     

     

    I am in 102 row Z seat 12. Say hello. Would love to meet you.

     

    YNWA

  5. Many moons ago my Gran used to send me to the butchers to get a tub or two of the potted hough, I loved it, I also use to get her any other stuff she wanted, I recall on more than one occasion getting sent back to the butchers to complain that there was too much fat on the beef, the butcher never said a word, just gave me another piece of meat with much less fat, as for stovies, never had better than she made, never, I could say that for most of what she made right enough, those were the days :-)

  6. A new Celtic site Celtic Day One which will be getting populated over the next few weeks.

     

     

    Great wee piece on Tommy Burns.

     

     

    Please have a look!

     

     

     

    KTF

  7. Big Packy

     

    A bit down, but it is for the best, the vet said it went fine, he is very groggy from the anesthetic, we will hopefully get him back the morra, he should be able to walk quick enough as he hasn’t had the use of it for a while, it should be easier in reality, still a drastic thing to do but it was dead so.

     

    Take care and look after your two.

     

    HH

  8. B****S After reading these pages that’s my Full Monty fry up every Saturday gone for a burton

     

     

    Though did enjoy Pog’s piece & pie only mine s was on a roll :))

     

     

    Cordon bleu csc

  9. Brogan Rogan Trevino and Hogan on

    NorrieM on 2nd May 2018 9:23 pm

     

     

    Norrie my old china I will be honest and tell you that I have no idea what I am doing when I get there!

     

     

    I believe that I will be painting walls, clearing yards, and doing all sorts of practical things which I am completely shite at but am willing to have a go!

     

     

    For those who have no idea what this conversation is about, I have agreed to go out to Malawi in June to work for the CFC Foundation and Mary’s Meals to help with the 67 kitchens and various school projects operated by Mary’s Meals and supported by the Celtic Charity Foundation.

     

     

    They were looking for someone practical and who could be useful but found that someone dropped out and they had a place to fill so they are stuck with me — the world’s number one useless bozo.

     

     

    Mind you if they are looking for someone to make the kids laugh and sing and to tell them stories then they have struck gold!!

     

     

    N — beyond that I am off to London (again) in the wee small hours for the first of a series of big meetings with ra crooked banking fratenity to see if I can get some big wedge out of organisations which have ruined people’s lives.

     

     

    They are at the stage where they have been forced into paying something and we are now at a question of how much. No matter what comes of it the sum will never be enough to compensate for ill health, broken marriages, evictions, depression and all that has gone on for the past ten years but the verbal kicking will bring some satisfaction and the eventual cheques will do some good.

     

     

    Beyond that I neither know nor care what day it is!!

     

     

    Hope yer well and that yer yoghurt pot is overflowing!!

     

     

    HH

     

     

    BRTH

     

     

    Oh and if anyone wants to make a donation to my wee Malawi effort the link is here:

     

     

    As I once won a very poor Sydney Poitier Look-a-like competition I have called it:

     

     

    Guess who’s coming with dinner?

     

     

    https://mydonate.bt.com/fundraisers/jamesmcginley3

  10. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    BROGANROGANTREVINO&HOGAN

     

     

    Sounds like the people-watching has also seen Celtic-watching from around the 30s. The tales we could tell-or be treated to!-if we could maybe get a representative from each decade as far back as possible,sit them round a table wi a few libations no some rolls and skwerr,haha!!!

     

     

    That’s a podcast I’d listen to,for sure…

  11. THE EXILED TIM, thoughts and wishes, at least you will have him back tomorrow .keep me posted.hh.

  12. BROGAN ROGAN TREVINO AND HOGAN on 2ND MAY 2018 9:36 PM

     

     

    Whit happened tae the BRTH and ACGR raffle money? ????????

     

     

     

    KTF

  13. i'vehadtochangemyname on

    best of luck brth – I just stuck a few quid on – tell us all about it when you get back – I’d love to hear about the schools

  14. Delaneys Dunky on

    BRTH

     

     

    The moment I met and embraced you pre match in 102 North Stand Sunday, I knew.

     

    Magical, Mystical, Paradise does it all the time.

     

    We are a lucky team, and one only makes one’s own luck.

     

    ???????

  15. Hrvatski Jim on

    Celtic ghirl from our office had £5 on 4-2 Roma at 40/1.

     

     

    In the first leg she had £5 on 5-1 Liverpool at 100/1. Lost her bet due to the dodgy penalty near the end but benefited from the dodgy penalty tonight.

  16. mike in toronto on

    BRTH … good on you. A great thing to do.

     

     

    TET … Hope it all goes ok. There are a few three legged dogs in the area, and they all seem happy, so I know your guy will be well looked after and will do okay.

  17. They used to be a basket of assets but now they’re just a basketcase with no assets.

     

     

    HH

  18. Delaneys Dunky on

    MurdochAuldandHay

     

     

    You are in my expanding prayers for folk to Jesus Christ. Hope his hearing is good this May for his Mother Mary.

     

    Thank you so much for your gift to me.

     

    Muchos Appreciatos S.

     

    YNWA

  19. leftclicktic on

    John Higgins 12-12 now for final frame decider

     

    C,’mon the John Bhoy

  20. MiT

     

    He will get a couple more good years, hopefully more, his prob is his size and it’s his front leg, his spine is taking the brunt of the pounding and he has spondilitis (sp) of the spine, one of the best we have ever taken in, his nature is second to none, that’s a wee cracker you have, they are so sweet when they are weans :-)

     

    HH

  21. BRTH

     

     

    Good Luck in Malawi – you’re a lucky man.

     

     

    Mrs J51 & I were very close to making the same move after she was very taken with the video account of last year’s volunteers.

     

     

    See you in the video.

     

     

    HH

  22. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    HRVATSKIJIM

     

     

    I had £3 on 4-1,40s. That one was down pretty early,even if it looked close after 90 minutes.

     

     

    Also £5 home win at 8/5,had worse days.

     

     

    I’d think from watching highlights of all four semi-finals,which have returned TWENTY goals,that the final will be a boring 0-0 draw!!!

  23. Brogan Rogan Trevino and Hogan on

    ? on 2nd May 2018 9:41 pm

     

     

    BROGAN ROGAN TREVINO AND HOGAN on 2ND MAY 2018 9:36 PM

     

     

    Whit happened tae the BRTH and ACGR raffle money? ????????

     

     

    KTF

     

     

    Strange you should ask that!!

     

     

    The prizes for the big booze raffle are actually staring me in the face right now — untouched by human lip pr hand.

     

     

    The money for the big booze raffle remain in the same account as it has been sitting in for dunky’s.

     

     

    Both of these things are to my reddened shame as I have retained names of all the entrants on my laptop and indeed have the names of one or two others who sent me payment by cheque, postal order, smoke signals and pidgeon.

     

     

    Seriously, once e-bay were withdrawing support for the raffle because it involved booze I looked at a couple of ways to resurrect it but then circumstances overtook me and I have never gotten round to it.

     

     

    My aologies to everyone who bought a ticket.

     

     

    However, all is not lost. The prizes are still there. The tickets are still there. the names of the entrants are still there (Though we should have had more had we continued with it) and the will to resurrect it and complete it is strong.

     

     

    What I need at the moment is a glamorous assistant. An Isla St Clair or a Debbie McGhee type person who can help with this and get it over the line.

     

     

    Alas, in the quest to find such an assistant I have also failed miserably.

     

     

    The best I can come up with is a hairy bloke and a golfing gnome with a taste for whisky!

     

     

    More to follow from VFR and ACGR otherwise known as the Two R’rrrrrsssss.

     

     

    As you very well know!!

  24. Pogmathonyahun aka Laird of the Smiles ???‍♂️??? on 2nd May 2018 8:42 pm

     

     

    TONYROME on 2ND MAY 2018 7:42 PM

     

     

    Is McWhinnie’s still there?

     

     

    My maw used always get her butcher meat from McWhinnie’s in the days when it wiz jist square slice ?

     

     

    renfrewseptunecsc

     

     

    —————————————————–

     

     

    POG

     

     

    He’s still there and as I said the best square slice yet.

     

     

    KEEP THE FAITH

  25. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    BROGANROGANTREVINO&HOGAN

     

     

    Good luck in Malawi,mate. People who clearly deserve every help available.

     

     

    And …

     

     

    Good luck v these crooks. People who clearly deserve every kicking available!

  26. DD

     

     

    I’m in BB Seat 1 just two rows behind you – am almost right behind the fud who nearly started a fight at the last Sevco game, you may have noticed the disturbance, but to be fair he was fine (and sober) on Sunday so we all enjoyed the occasion. Will give you a shout next Wednesday (if I remember that far!).

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