Getting your edge. Re-writing Newco history

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I didn’t realise until watching TV last night it was Keith Lasley that Anthony Stokes ‘did’ on Saturday, the player who put Adam Matthews out of the game for a couple of months.  It’s a physical game, and I’m not going to concede violent behaviour is acceptable, but it would be super-human to not be affected by earlier violence.  We need to rise above this.

On a similar theme….  Another incident I missed at the game was James McFadden wresting Fraser Forster, who was holding the ball, early in the second half.  Minutes later Fraser threw himself to deny McFadden what looked like a certain goal.

Players need an edge to be able to summon their very best performances, and a wee nyaff climbing all over you is as likely to give you an edge as anything.  McFadden has a few years left in him.  He’s at a well-run club who will give him the platform to excel, if he can find the focus to deliver.

I see some re-writing of history today and over the weekend on where responsibility for Newco Rangers acute financial plight lies.  Among throwing blame on convenient scapegoats, one-time-hero-though-transparent-chancer Charles Green, and financial director, Brian Stockbridge, few seem prepared to offer up the prized oaf.

They banked £22m from a share issue and cash from circa 30,000 ticket sales, enough to see them through to top flight football, as long as they didn’t blow it on football bling.  So who was responsible for doing exactly that (if you can stretch the definition of bling to Jon Daly and even lesser appealing gems)?

Sure, Stockbridge and Mather signed off, and they certainly knew the financial situation the club was in, but we know enough of the story to explain why it happened.

Despite having a budget close to 100 times their opponents Newco suffered considerable humiliation at the hands of fourth-tier clubs last season.  Without reinforcements their chances of progress from the third tier was far from guaranteed – if they continued to allow Ally McCoist to run football operations.

McCoist was unsackable.  He played the fans perfectly, earning a ridiculous contract and shares a 1p each for his ability to put bums on seats.  Mather had to throw enough talent into the squad to ensure promotion with McCoist in charge, then rely on Charles Green to pull together another share issue.

The question you have to ask is, once McCoist had his reinforcements, who torpedoed the Charles Green supply ship?

No one is going to tell you Charles Green is a man you would want associated with your club, but before mob-rule ensured his attempts to raise investment cash were quashed, should someone not have asked the questions, why did the board find it necessary to bring such a pariah back and what happens if we throw him and his investment plans out?

We’re about to find out.

If suggestions that Newco will come close to expiring cash in hand before season ticket income arrives are accurate I expect they will get there, even if players don’t agree to a wage cut.  Companies can control when to pay creditors, even HMRC, who despite what is likely to be an acute interest in Newco, would take months to complete a debt recovery action.

Don’t get too drawn in the minutia of this, whether an insolvency event happens or not does not change the fundamentals, which we touched on last week.  Newco had a gamblers chance of turning into something resembling Oldco.

Spooking the SPL into giving them a ticket into top flight football would have seen them debt free and competing for last season’s SPL.  Three years of paying our bills while losing the league would have been pointless.  I genuinely think only one of Glasgow’s big teams was ever going to survive the SPL decision on Newco.

Had they liquidated Oldco, then flooded Newco with talent and won the league, Celtic would not have recovered, a reality that should be remembered when journalists talk about Scottish football harming itself in 2012.  It was them or us.
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627 Comments

  1. morrissey

     

     

    Spoke to you on twitter the other night and you sounded a bit down. I asked what the problem was, but didn’t get your reply. Maybe because I went to bed:). If you retweet those aberdeen fans tweets, I will certainly sign up. Cheers buddy.

     

     

    Weefra HH supporting Wee Oscar.

  2. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    Naismith looks like death warmed up…..ah, wait a minute …. Hahahahaha

  3. Can I Have Raspberry On That Champions League Ice Cream

     

     

    21:43 on 20 January, 2014

     

     

    djynwa67

     

     

    21:37 on 20 January, 2014

     

    Can I Have Raspberry On That Champions League Ice Cream

     

     

    21:33 on 20 January, 2014

     

     

    djynwa67

     

     

    Couldn’t be? Could he?

     

     

    Based on what evidence Your Honour?

     

     

    Your asking is enough

     

     

     

    My asking what? I really don’t wanna call a fellow Tim paranoid but unless you state a good reason for making such an absurd accusation towards me then I will not hesitate in my next post to you.

  4. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    31003

     

     

    21:47 on 20 January, 2014

     

     

    Did you feed the meter..?……. Just getting my coat…

  5. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    Where’s KevJ …….just wanted fo tell him to get oot ….

  6. leftclick Together we will get justice for the Dam 5 on

    jude2005 is Neil Lennon \o/

     

     

     

    21:47 on 20 January, 2014

     

     

     

    Did I hear Mc Allister call sumdae a right d*ck??

     

    ——-

     

    Was he looking in the mirror :))

     

     

    Good night all

     

    Morrissey the 23rd Viva Resolution 12!

     

    Good to have ye back :))

     

    Ps did you get that wee enquiry I sent you regarding the Billy No’well song

     

    Subterranean Homesick Blues?

  7. djynwa67

     

     

    21:49 on 20 January, 2014

     

    Can I Have Raspberry On That Champions League Ice Cream

     

     

    21:43 on 20 January, 2014

     

     

    djynwa67

     

     

    21:37 on 20 January, 2014

     

    Can I Have Raspberry On That Champions League Ice Cream

     

     

    21:33 on 20 January, 2014

     

     

    djynwa67

     

     

    Couldn’t be? Could he?

     

     

    Based on what evidence Your Honour?

     

     

    Your asking is enough

     

     

    My asking what? I really don’t wanna call a fellow Tim paranoid but unless you state a good reason for making such an absurd accusation towards me then I will not hesitate in my next post to you.

     

     

     

    CQN protocol , and I haven’t even called you it yet.

     

     

    CalmdownCSC

  8. Can I have raspberry on that champions league ice cream.

     

     

    Would you want Anelka anywhere near Celtic and if so why?

     

    Do you think he would do anything for this club on or off the park?

  9. DjYNWA67

     

     

    Was it Joes 150th game not recent?

     

     

    Positive i read on the celtic twitter feed that he hoped he had lots more games to go

  10. Morrissey the 23rd Viva Resolution 12! on

    WeefratheTim @ 21:47

     

    Sorry about that. Quoting Morrissey can at times come across like that. I’m nourished.

  11. Can I Have Raspberry On That Champions League Ice Cream

     

     

    21:55 on 20 January, 2014

     

     

    I’m cool man even though I should be offended by your condescending retort.

     

     

    Hail Hail!

  12. embramike @ 21:02,

     

     

    “Sevco were only granted associate membership of the SFA which is why they did not have a vote and had to start the SFA Scottish Cup in the early rounds with other clubs of that ilk – exactly like any other new club would.”

     

     

    Not the case I’m afraid…

     

     

    There is a lot of myth and legend associated with Newco’s status, I asked questions but could not get the answers.

     

     

    I did my own research and asked Stewart Regan direct – the straight question about Newco’s membership, he replied by return.

     

     

     

    “Dear Chairbhoy,

     

    >

     

    > Thanks for your considered comments below. In response to your specific question, I am happy to confirm that the Board of the Scottish FA did not issue a new membership to Charles Green’s consortium when they purchased the assets of Rangers FC. The application, well-documented in the press, was for a transfer of membership and this was granted under Article 14.1.

     

    >

     

    > I hope this helps.

     

    >

     

    > Kind regards

     

    > Stewart Regan”

     

     

    Now you will hear a lot of stuff about – conditional SFA membership…

     

     

    Associate members of the League…

     

     

    They are “The Rangers” now not Rangers…

     

     

    Well the great pity is that I fell for that smoke & mirrors – Newco has exactly the same name, exactly the same membership as the liquidated Club.

     

     

    It’s what Paul67 called the great Football swindle.

     

     

    You can say that many Rangers supporters are in denial – their Football Club was liquidated and they refuse to believe it – that is true.

     

     

    Yet if Celtic supporter’s don’t believe that Newco don’t have the same name and don’t have the same SFA membership you are equally in denial.

     

     

    DjYNWA67 @ 21:18,

     

     

    “By that time Wayne Rooneys barnet will have been relayed more times than Susan Boyles pitch.

     

     

    :-) Well let’s hope so, they are certainly doing their best to self destruct, I hope they’re uncompetitive for many years.

     

     

    Of course they don’t have a licence, they don’t have the certification for Europe, but the way I see it, whenever they reach these hurdles they will be lifted over.

     

     

    Hail Hail

  13. can i have raspberry on that champions league ice cream

     

     

    22:04 on 20 January, 2014

     

    caltontongues#teamoscar

     

     

    22:03 on 20 January, 2014

     

    Anelka, ???,

     

     

    Would rather have fletcher and he’s crap….PERIOD….

     

     

    Would rather have Norman Stanley Fletcher.

     

    ===================================

     

     

    Exactly, thank you.

  14. morrissey

     

     

    Cheers for that, and loved the video. Brilliant song. Followed them both and waiting for contact. You have still not answered my question, “nourished” is not an answer. Are you keeping well??? That’s a straight yes or no. Will stop my concerns for you. :)))

     

     

    Weefra HH supporting Wee Oscar.

  15. Morrissey the 23rd Viva Resolution 12! on

    leftclick Together we will get justice for the Dam 5 @ 21:54

     

    Cheers! I did. Was on my to-do list. Just had a look. “This video does not exist”.

     

    I will speak to Billy No’Well then get back to you.

  16. Chairboy, did Regan sent this to you electronically? Also, do you find a bit strange that he was “happy” to continue a football licence (which your saying it is even in the transfer) given they’ve had not had audited accounts, which I believe is the requirement to hold onto a licence?

  17. DjYNWA67

     

     

    Took a bit of finding but here it is…..

     

     

    Celtic Football Club ‏@celticfc Dec 21

     

    Joe Ledley: “I have enjoyed every minute of it, and hopefully I have a lot more games to go.” (MH)

  18. caltontongues#teamoscar

     

     

    22:07 on 20 January, 2014

     

    can i have raspberry on that champions league ice cream

     

     

    22:04 on 20 January, 2014

     

    caltontongues#teamoscar

     

     

    22:03 on 20 January, 2014

     

    Anelka, ???,

     

     

    Would rather have fletcher and he’s crap….PERIOD….

     

     

    Would rather have Norman Stanley Fletcher.

     

    ===================================

     

     

    Exactly, thank you.

     

     

    My pleasure.

     

     

    Bedtime

  19. clunks

     

     

    22:19 on 20 January, 2014

     

     

    DjYNWA67

     

     

    Took a bit of finding but here it is…..

     

     

    Celtic Football Club ‏@celticfc Dec 21

     

    Joe Ledley: “I have enjoyed every minute of it, and hopefully I have a lot more games to go.” (MH)

     

     

    _______________________________

     

     

     

    I’m also pretty sure that he was very vocal about it during the summer. Victor Wanyama was the same declaring “I wanna be here for many many years to come”. Turned out he couldn’t get out the door quick enough.