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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Celtic support, as ever, outstanding
O.G.Rafferty on 22 May, 2012 at 20:27 said:
When you say ‘tomorrow’s news’ do you mean the Daly doc or is there more?
Sffs correction posted just in time to avoid a mini riot in the Glasgow household!
I’d keep Paddy but would understand if he left for more first team football … If I was NL, and I know we all are, I’d hold onto him.
Any info on the new song? :-)
POM&PMFA
HH
EN you arab tims know yir onions aw right!
Hx2
sparkleghirl, 20:29
yes, just that small tsunami
O.G.Rafferty on 22 May, 2012 at 20:27 said:
Go raibh maith agat.
I’ll be sorely disappointed if the BBC show tomorrow night does anything but sink them without a trace.
Árd Macha
Nice work from Watt, poor final ball
When you think about it, we have an outstanding young squad.
The reason I did not think twice about renewing my season ticket.
I want to be a part of this as I believe it is going to be special.
Vmhan 20:31
Aye we sure do…
Theres only two ways Paddy McCourt will leave Celtic, 1. Over my dead body. and 2. If he moves to Qatar as rumoured a few weeks ago, that might just be allowable…
Hope alls well mate.
EN
O.G.Rafferty
But can this impending tidal wave stop clowns like Doncaster from achieving their objective of gaining the Newclub entry to the SPL? And I appreciate it would only be an opinion.
O.G.Rafferty on 22 May, 2012 at 20:32 said:
A small tsunami will do me.
2 Celtic goals in the second half methinks, ye know what if not, it disnae matter…… the Celtic support are making this…… even the Norwich support are joining in….. keep it up me Bhoys ….. n Ghirls!
Hx2
Best performance; away support hands down, phenomenal effort bhoys…
lazydynamite
Thanks for the headsup regarding tonight’s game. Caught last 5 minutes of 1st half. Excellent quality of stream.
What channel is it on?
Enjoying the game with our very young and very attacking line up.
Tony Watt looking direct enough to maybe save us a few bob in the transfer market. Is he any good in the air? Neil will probably give him a rocket for being greedy but I like a striker that wants to score.
Fans in great voice
Árd Macha, 20:32
I know it’s still very much being put together at this moment and so many things can change right up to transmission.
I suspect that the important thing will be that the documentation and detail will be made public – the context and the editorial line will be provided by others – the few non-lamb eaters north of the border and Alex Thomson south. The timing though is vital.
You can really we have the better players. Norwich use what they have well- almost a case of maximising their limitations. Our bhoys look very comfortable on the ball all over the park. Norwich are more direct though. You can see they are sharper too, but that’s probably because of their line up. Is young Dylan playing left back? He looks way out of his depths there- looks a very good player but defo not a right back.
I might be biased but I think our bhoys really look far superior technically. Norwich are just more streetwise- and we look naive at the back. But I can really see a LOT of positives in some performances: Watt. Ibrahim ( looks remarkably comfortable on the ball). Blackman (pace. Good touch. Decent passer). Paddy ( Immaculate as ever).
Fans have vivified Norwich with all their magnificent maniac joy- SUPERB.
BEST FANS IN THE FECKING WORLD!
Celtic support have been in excellent voice.
Im fed up with all this ‘The fans are great, well done’ carry on while we are getting beat in Europe yet again.
When will we ever learn?
OperationEuropeanAwayWinCSC
Will he? Won’t he? Green’s like a virgin bride. The Rankers fiasco is farce gone wrong.
John Hartson loves Celtic, defending our team and manager at every turn. Proper Celtic legend
Sorry lads just realised it is on computer!
No offence to Drury but his missus is mutton dressed as lamb…
she is nice.
natural.
shame on you.
Neil Lennon, 20:41
Hartson was a Celtic great on the pitch and is now a Celtic great off the pitch and it doesn’t happen to many. Top man
ASonOfDan on 22 May, 2012 at 20:44 said:
No offence to Drury but his missus is mutton dressed as lamb…
share on F’book or Twitter
Crass comment.
Dream scenario
Wed: Daly doc
Thu: Green walks away
Fri : Death certificate signed. 25 yrs to the day since Lisbon.
Karma. I get a feeling.
wonky:
Agree mate.
Like the look of Blackman going forward especially.
Ibrahim has been neat and tidy as well.
Watt shows promise and a few moments from McGeouch.
Keep it up going forward and tighten up at the back and we’ll do well second half…
ASonOfDan, 20:44
His wife is his wife. What’s it to you?
ASonOfDan on 22 May, 2012 at 20:44 said:
No offence to Drury but his missus is mutton dressed as lamb…
That type of garbage has no place on here.
ah, but would you describe her as mutton dressed as succulent lamb?
Thanks to lazydynamite.
First Ive watched a stream for a while and have got the ole headphones blaasting the dulcet tones of the Faithful. The singing is something else. Phenomenal. No–one does it better.
Loved the few rounds of The Soldier’s Song….Nearly in tears.
What a run by weed Dylan on 24mins, a joy to behold.
sparkleghirl, 20:46
Green is a front. Lots to come on that story
WTF
weed — wee
re Hartson and others like him.
I love these players, Maybe because I’m an ‘outsider’ myself with no celtic family connections. They wind up in Glasgow almost by chance and fall in love with Celtic just like I did.
Is the young lad with the red hair Findlay from the u19 squad?