There are so many plot lines in the epic story that Scottish football has become it’s easy to lose track, especially when the chief executive of the SPL insists that he still doesn’t know if Rangers have a case to answer in connection with improperly registered football players – a completely untenable position on week 11 of the inquiry.
He should know. If he doesn’t, he should resign and allow someone else to pick up the baton.
While this drama has dominated headlines the important storyline happened off-stage. 11 days ago the Blue Knights consortium, fully aware of how time-critical events were, said their accountants needed to be place at 9am on Saturday 12 May for Rangers to achieve a CVA. Even more importantly, they also said that a Newco would not work.
If the Blue Knights men were in place on 12 May creditors could have voted on a CVA this time next week. As it is, creditors still have nothing to vote on, the prospective buyer has not been able to put a deal to them.
Green’s failure to produce an offer since being appointed nine days ago, alongside missing his own deadline to announce a creditor’s meeting on 6 June, are the most important acts in this month’s play, so far. He has to find funders who are able to see a return on investment which Paul Murray and Brian Kennedy tell us does not exist. It’s worth noting that both of these men will be far closer to the financial realities of running Rangers than anyone Green will find in Bangalore.
Unless a consortium can be pulled together that will offer money for the assets of Rangers FC, the company will expire next week when it runs out of money. No CVA, no Newco, no matter what Neil Doncaster does.
Don’t be surprised if Mr Green walks away soon.
You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.
The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.
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Apologies if this has been posted already.
http://sport.stv.tv/football/clubs/celtic/102713-rosenborg-expecting-a-formal-bid-for-celtic-target-markus-henriksen/?
Ernie,
Sadly due to muscular skeletal shit and asthma my Marathon days are past. I did record a 3hr 6 min personal best for the Glasgow (full) marathon and the Dunoon half marathon 13.1mls of 82 mins in monsoon conditions.
I bet you really wanted to know that :>)
Now over the hill CSC
Hx2
ernie lynch on 22 May, 2012 at 18:21 said:
Any trial will take place at Glasgow Sheriff Court rather than in the pages of the Daily Record and the Sun.
I don’t read the record or the sun ernie I noticed the story on the BBC website , but thanks for informing me that any trial will take place at a court.
HH
We should never sign anyone from the EPL but it’s great nicking players before they hit the big time.
Hopefully Hoops and FF sign on for more drama and fun with us.
FF seems to be the WGS of keeper for us, some very strange comments on here, it’s like posters were looking to hate him.
ah,a wee bit of pathos at last
Bada Bing:
A slightly better than average (if ageing ) player like Nolan on that kind of lolly is really quite frightening.
Then people wonder why Pompy nearly went to the wall…possibly followed by Bolton. What would have happened to Villa if Bannock heid had achieved relegation? Same to a perilous Wigan. Blackburn? Cannot see a club like Fulham sustaining such massive debt either.
Economic checks & balances of the wider financial climate operating in the real world will inevitably come into affect at some time. It must do. Football is not a closed system, the wider macro-economic system will eventually enforce greater austerity on the Diamonti bling of dat der Premiership.
I was surprised at how slight Tony Watt is, I’d heard all the stories about him but really he looks no bigger than Hooper, or am I wrong
I’m certainly staying well clear of any WGS talk.
What did I just say there?
JimPhil don’t be so twitchy, yir man Disnae know ye know, he’s informing, it’s good that ye know.
Ps
I’ve a pal in Derry Ireland who finishes every sentence with “ye know” ……. Big Paddy is an absolute through and through Celtic Mhan, ye know!
Hx2
Celtic team: Forster; McGeouch, K. Wilson, Findlay, Blackman; Ibrahim, McCourt, Commons; Watt, Hooper, Stokes
The huddle:
Hooper is fiercely strong- with the stocky power of that low centre of gravity frame.
Watt will mature.
greenjedi on 22 May, 2012 at 14:50 said:
No one should have called you a fud. Jeezo
I share some of your concerns re. Board over the piece …. I continue to believe they lack energy and imagination
Howevah,
On the current situ I do believe they are playing a stoater of a game.
Why create an opportunity for thems to deflect current mess they created to our club?
That is precisely what would happen …. They peepul need to blame sumbdy
Ok for all those other clubs to speak out. If celts speak out… Different story
Deflection is assured
Nah we stay schtum!
Let them die on their own sword
Relax it’s all gonna happen mate
HH
M
good luck to young Stuart Findlay – really smashin lad !!
very young bhoy altogether
terrific left-foot on him
plays a sweet curling pass down the left channel
look out for it
just finished his exams too
:)
The Huddle-I would say he’s about 6ft ,if you watched any of the recent Thai Tims stuff from Lennoxtown,you might be surprised how tall he is.HH.
With the glut of good midfielders we have at the club it seems strange we’re signing another one.
The boy Henriksen must be a cracker ( Carsonesque? ). Too good to turn down, me thinks.
Great name right anuff.
IamNFL1888 on 22 May, 2012 at 18:34 said:
What strikes me here is that Doncaster represents the SPL clubs so wouldn’t he require at least tacit support from those clubs to spout his drivel.
Someone suggested that Celtic might be leaving him to talk his way out of a job, but more and more Celtic supporters are becoming disgruntled that his utterings are not being challenged. Well notwithstanding internet bampots.
Vmhan on 22 May, 2012 at 18:46 said:
No worries mate .
Anyone that’s seen any of the video with the cops standing idly can only be disgusted.
The point I was trying to make was that it seems to have been swept under the carpet in the mainstream media for the most part especially now it’s known that an of duty cop was involved.
Best of luck to the hoops the night.
HH
seems like hateley’s hoovering the carpet for, er em, er Alistair to walk away on.
Right, change the subject.
I’m steamin in Jo’burg, just about to get on the flight to London. Flight’s callled. Had a long steaming 4hr flight up to now. Gotta pretend I’m sober. Hey ho. If you hear from me before tomorrow I’ve bee bumped.
Anyway, coming home to Bonnie Scotland.
Who cares?
Mon THE cOUNTY!!!!!!!!!!!!….
Evening all, just in….
Game on TV / web anywhere?
Thanks in advance
TJ
quonno on 22 May, 2012 at 15:29 said:
According to today’s Herald Donald Trump was thinking of buying THEM but walked away when he saw the figures. Who was the luckiest? HIM or THEM.
———————————————————-
Incorrect, he walked away when he saw the unbelievable barnets!
Wonkyradar, WGS no again;-)
On promoting the young uns:
We have a manager and management team who have great talent coming through the rank. The right message to send these young Lenny Lions is that if you’re good enough then you’re in. I sense that is the way it is at CP just now, it’s that atmosphere that could (potentially) make us great again.
In summary next season, I will be happy to mix the youth in with the, admittedly young 1st teamers, but remember there is a degree of experience in there innaw!
Thinking out loud CSC.
Hx2
Tommy Joad on 22 May, 2012 at 18:57 said:
Premier sports, Setanta Ireland
The huns dead yet?
oh and Celtic TV for overseas Bhoys.
ernie lynch on 22 May, 2012 at 16:02 said:
Auld Neil Lennon heid on 22 May, 2012 at 15:11 said:
‘Is it the Chinese who say crisis brings with it opportunity.’
I think it was Lisa Simpson who said that the Japanese word for crisis is the same as for opportunity.
Apparently it’s nothing of the sort.
—————————————————
the japanese word for crisis is Rainchars!!
My post about the young uns works whatever league or non league we play in next season.
KTF
Hx2
Amid hun lies all over twitter about fighting, EDL attacks and pubs getting smashed up,
This Norwich fan had this to say:
Elliot Holman @ElliotHolman
An amazing atmosphere in #Norwich for @adamdrury78 testimonial! The #Celtic fans are incredible! Can’t wait! :)
Retweeted by Celtic Hub
Sad sad huns no team to follow follow..
gorbalstam, much obliged mate
TJ
Wonky radar
Glad you are about
You thought I was being abusive to you challenging your GS views the remother night?
I put a smiley after “are you on the mungo jerry?”
Sooooo realaxxx maaannnnn
It’s only a blog
Ermine thinks it’s his opirtunity to deliver a party political broadcast fur the socialist unionist perty tho’
That gives me a bellyache wi’ the chortling’
HH
M
Bourne if Yir still around ( he may be on a ryanair to setanta Ireland),
I was unimpressed with Beyonce’s shower work, I mean …. She made a complete ass of it, poor thing is a taker n disnae ken the art of erm true showering, in the words of the LL we deserve bitter.
Beyonce’s chucked CSC
Vmhan
Full marathon and a half marathon, jeez but I am impressed.
I only ever did one half marathon in Milton Keynes many moons ago, and it took me 2 hours 6 mins. I think I walked the last mile.
Just about to login for CelticTVs coverage of the game..
HH
What times the KO? I’m sitting in the sun and reluctant to come in until the famous Glasgow Celtic take the field…….
Funny all this talk about the EDL, whatever in Norwich – last time I was there – in January, my band (16 Guns – punk band) played a gig, we were headlining, think it was opposite the Temple Bar, one idiot and his girlfriend actually walked out because I was wearing a Celtic shirt……….
paulus lamberticus
https://twitter.com/#!/Holtamania/status/204996051034316801/photo/1
Bad moon rising tune
I see the celtic are uprising
I see the title on the way
I see the fans are having a party
When we’re crowned champions in May
Glasgows Green and White and the huns are fucking shite and
and I see the titles on the way
We didn’t start the fire……..
Chorus
We didn’t pay our taxes, we were always cheating
while our drums were beating.
We didn’t pay our taxes
Hector didn’t like it and we tried to fight it
…… A wee GB song!
Just found out the game’s on in Chapmans for any Ruggy Bhoys. I was going to be good tonight as well. Ach well, I’ll be good tomorrow.