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.
620 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- ...
- 17
- »
Paul67
I think I will put your article to music.
How are you as a singer ? ;-)
Hail Hail
googybhoy ♥ Celtic and Liquidation on May 25th.
Thank you for your offer earlier sorry nut I am working all day Saturday.
No worries mate. Meeting up with some of the Tommy Burns Manchester CSC crew.
If you see us staggering around throw me in the back and Tottington is my destination :o)
Celtic Cross
I see you and your son in the lounge.
It is also galling to see fans pay per match as pay much less than those who pay there money upfront.Celtic need to look at this.
I too pay for two tickets in the lounge ,and realise the huge expense that it is.
Celtic are getting this wrong.
TT
Glendalystonsils likes a mr whippy with his lime green jelly on 22 May, 2012 at 12:52
A stake through their heart would be extremely hard, as I doubt the Orcs actually have one ;o)
Celtic manager Neil Lennon has said that James Forrest will not be playing for Team GB at the London Olympics.
Forrest had been tipped for a place in Stuart Pearce’s squad for the games and with FIFA rules stating that players called up would not be able to choose club over country, Celtic feared they would be without the Scotland international for crucial Champions league qualifiers.
Speaking to STV, Lennon said that he had been told that Forrest would not be selected for Team GB after discussions between Pearce and Celtic. The manager said that no Celtic players would be part of the united British team.
“Certainly not the British players, we’ve spoken with Stuart on that,” Lennon explained.
“James Forrest will not be going because he’s been injured. Stuart’s aware of that.
“As regards the rest of the [non-British] players, we’ll speak to the other federations regarding that and hopefully there will be some sort of resolution where they are playing with Celtic when the time comes.”
Lennon also confirmed that Forrest had been part of Pearce’s initial plans.
“He was in his thoughts but the fact that he’s been out for so long probably rules him out.”
TTT
You have no choice when your son puts it like that (;-)
TT
So the question is – when will Chuck Green chuck the Blues?
I’ll get my coat.
Árd Macha
The Token Tim on 22 May, 2012 at 12:36 –
Excellent, it always warms my heart to see you happy, smiling face puffing and panting up the stairs!!
Naw, good news bud and I also renewed my seat. Had been seriously thinking about dropping it, not due to the current issues blighting our game, but due to only being able to make around half the games this season past.
R u making the gowf this year?
Yurcl
Neil Doncaster’s position statements are exposing the SPL for what it really is:- A cartel of businesses that trade in entertainment industry. As head of the cartel his role is to maintain and grow the value of the cartel. He will see off any threat to the total ‘wealth’ of the cartel in whatever way he can, whether that is by proposing new rules, (And including arbitrary voting criteria for each vote – How did he get away with that) or peddling misinformation to help mitigate the threat.
He’s acting more like a pension fund manager than a sporting administrator IMO.
We need to get out of this ‘league’
As if a lunchtime bask in the George Square sun wasn’t enough Paul67 cheers me up with a very optimistic article. Happy days.
I heard the talksport pundits earlier today praising the wisdom of managers being put on a rolling contract. Guardiola, Mourinho, Hitzfeld and Ancellotti have all been employed in this type of deal. Funny how we were ridiculed by the LL for adopting the same policy with MON. Was WGS also on a rolling contract?
hh
“As a Scottish club, they are a permanent embarrassment and an occasional disgrace”
Ian Archer (RIP) CSC
I quite enjoy seeing the rancid scumbags suffer daily, get false glimmers of hope and generally be depressed because they are totally donald d*cked!!
I can understand why Celtic fans want to see them liquidate quickly but when you frequent followfollow and feel their pain, it consistently brings huge joy to me. I definitely am enjoying their slow, painful death. It could not happen to a more appropriate bunch of bigoted vermin.
expressWHATuREALLYfeelABOUTthem CSC :)
Hail Hail
Roccobhoy
Sure it’s a grand old team to play for,
Sure it’s a grand old team bedad,
When you read its history,
It’s enough to make your heart grow sad,
God bless them.
the huns will be no more i have faith in that bhoys keep the faith
I hope when the Orc’s try to start a Newco that any conceivable name involving the word rangers, has already been registered by one of us to get it right up them and they end up as a United or City :o)
Marrakesh Express on 22 May, 2012 at 13:00 said:
……………………………………………………………………
I don’t know about WGS ?
But, I think Neil is on one ?
Hail Hail
P.S. Sorry for adding to the confusion :)))
I fear we are sleep walking towards a Newco in the SPL not with Mr.Green at the helm but a consortium including Paul Murray.Doncaster yesterday was testing th water and not interested to find out what us the fans say but to see what the SPL chairman would say and there silence is palpable.H.H.
No disrespect to ole clever clogs A.Thomson but if I had 850M worth of euros burnin’ an ole hole in my pcket I wouldn’t be using it to invest in the ole scrofulous cash strapped Hillbillies.
It maks sense tae me, and it maks sense tae Mo.
dont you just hate sitting in work when its a good day outside.
so rather than do work , i read CQN and listen to BTW.
Go on, you know you want to,
http://www.spreaker.com/page#!/user/homebhoys/beyond_the_waves_matt_mcglone_interview
I have it on good authority that Teresa May is advising Duffer and Duffer on how to manage your deadlines. Expect all paper work to be complete in two and half weeks a full 48 hours before they are due.
sorry, spilt the page
doh
roccobhoy on 22 May, 2012 at 13:02 said:
“As a Scottish club, they are a permanent embarrassment and an occasional disgrace”
Ian Archer (RIP) CSC
………………………………………………………………….
Also…”Rankers are rotten to their sectarian core!”
And….”For Manchester 2008, read Barcelona 1972!”
Gerry McNee (hunskelper extraordinaire!”)
Hail Hail
ASonOfDan:
Why sign McCormack? Hes no better than who we have but IS another wee man. Dont get me wrong,. I like him, would have signed him 3 years ago and hes a better player now, good striker. But why sign someone who is the exact same dimension as the players we have at present?
If the worst should happen and we end up selling Hoops or Stokesy then yeah go for him.
We have to lose strikers before we sign more of tht ilk. Not to mention, signing players like that will hamper the development of the likes of Watt, who surely deserves a chance.
It does becomes a different story if our forward line sheds some weight though.
On other post: I was under the impression James was injured. But tht said I dont care if its true or not, as long as hes fit next year. Id say pulling out injured is the safe option, he has less games, doesnt risk repercussions on his international career for scotland but wont get vilified if he ever moves South.
Curly,
ha ha and to think i was sort of hoping that you wouldnt renew due to the odd sunny day at Paradise when the sun bouncing off your baldy bonce blinds half of Section 113 sitting behind ye :-)
I shall indeed be at the gowf once again mate…….and this year i have no driving duties, so a wee beer or 3 shall be consumed.
Look forward to seeing which of us can be slowest to the bar ;-)
HAIL! HAIL!
Token
clank CLUNK CLUNK…
That’s the sound of the wheels coming off Green’s ‘investment vehicle’….
You do t need to mystic meg to see that coming.
Re previous discussion thread
‘will CFC (PL) do the right thing buy the Celtic fans?’…
As a well documented Lawwell sceptic I trust him this time on this issue. I think he’ll do us proud for all the right reasons but even if he reverts to his (IMO) default position of self interest , he will vote against NEWCO ..
Celtic accessing Champion’s League and winning SPL unchallenged is good for ‘Peter Lawwell plc’
I have no doubts about Celtic’s position or tactics on this issue,
A SON OF DAN 1256
James has dodged a bullet there. Pearce isnae fit to manage the fencing squad-and I mean the ones around the perimeter.
He is tactically inept,and fond of playing “name” players to the team’s detriment.
His idea of motivation would be to remind everyone it was the jubilee year,shout “ENGLAND EXPECTS” and play GOD SAVE THE QUEEN.
The SEX PISTOLS version….
TT,
They do need to address it , but you know they won’t, in fact just the opposite , they put the price up. Last time I saw you was back row at Rugby Park. Why is it they always give me back row , Rugby Park, Ibrox, Inverness. Not just once but every season . Hopefully no Ibrox back row next season , hopefully no Ibrox next season :)
Curly ,
of course TTT will be at the gowf this year , got to get his annual game in , and they’ll need a driver for the minibus :-)
TTT,
kids do have a way with words , more than women.
Next season will be the last mine will be a kid, so it will be double price next year.
Looking forward to the gowf .
Celtic_Cross
SSN: Mourhino agrees new contract with real madrid until 2016, FPLG can rest easy!
Marrakesh
I remember the ridicule directed at us and MON over the rolling contract. In fact, the DR article claimed that he was only on a one year contract and used that to undermine Celtic, MON and the fans. Cheap headline and no story.
As usual, if the the mighty RFCIA were not doing it, it was dismissed as more Timmy fantasy.
Wonder what ever became of RFCIA?
Kev Jungle
I’m sure there are many journalists out there over the years have stated what the Huns are and what they represent. They all know what they represent. Unfortunately very, very few have stated their true feelings publicly for fear of reprisals.
Hail Hail
Roccobhoy
If Alex Thomson is right and this guy Tristan Loughrey is indeed a massively wealthy bidder waiting in the wings ready to inject cash into rangers then surely the last thing we want is for Mr Green to walk away?
Anyone seen TORRAVIEJA JONNYBHOY’s post on RTC at 0712?
Belter.
One of my hun mates came round for a visit about 1115 for an hour or so.
He had intended staying longer,but he read that and effed off to the pub to drown his latest sorrows.
He is really starting to wish he’d listened to me all those years ago……..
Son of Gabriel
Agree, McCormack might be an option if Stokes goes.
TT/Celtic_Cross,
once the wee mhan uttered those words i had no choice whatsoever.
Out of the mouths of babes etc…….talk about playing the emotions??
Whilst I will renew his ticket, i think I’ll choose the opt-out for him this season though. Paid £120 (as opposed to the £50 for the opt-out) last season only for Celtic to then charge me an extra £15 for both huns games to upgrade to adult ticket.
In effect paid £50 for the ticket for both huns games! No chance this coming season…….especially as there wont be a huns game to pay the extra for :-)
Look forward to seeing you both again at Aberdour in August!
HAIL! HAIL!
Token
DontB @ 13:07,
Agreed, Alex Thompson has penned and articulated some excellent pieces, but aul’ Tristan is a bzarre one.
Still great name for a Knight.
roccobhoy on 22 May, 2012 at 13:17 said:
…………………………………………………………..
Too true m8.
Hail Hail
The legend of Lovejoysalegend returns! And not before time. Been a while dude.
With NeilR back in the fold, all we need is Noel90 and Theboywhoatetheboiledhamraw to complete the set.
AsonofDan
Paul McGowan before Ross McCormack…
Return of the prodigal son – the sequel ( following in the footsteps of C MulGrew,
I thought that was one of the most astute points made by Lenny when discussing Charlie’s second coming…
He said something to the effect of
‘Charlie should be an inspiration to any young player released by a club that there is a way back if they work hard enough’
I honestly feel Paul McGowan could be a revelation….
DBBIA 1307
I think it’s a spoof-a dangerous one-to show how ridiculous you can look when you go to press on what is essentially hearsay.
It satirises the MSM reporting of Murray’s grandiose plans over the years,and the MSM lickspittle reporting of it.
That’s how I read it. But it is very much open to interpretation!