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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BADA BING!! 1430
A Fire Risk Assessment from someone who has years of experience behind him plus on-the-job training,as opposed to someone wi a piece of paper which says he ticked the correct boxes in the multiple-choice exams.
Oh,and better paper qualifications anyway.
Hmmm.
DBBIA has an expression for that……..
Best of luck,bud. I might return to this subject occasionally.
Just for the free advertising
pabloh, 2012
Yes. And the aftermath
Ernie it would also be appropriate to speculate on whether there would have been a different outcome if Celtic fans had marched/rioted/attacked the sfa and any number of other actions.
Doesn’t make it the correct action at this stage.
If the Huns are in SPL next season does that mean that not renewing season tickets was harmful for Celtic?
!!Bada Bing!! on 22 May, 2012 at 14:30 said:
BMCUW-Fire Risk Assessment mate.The law says a place of business must have one.Your insurance will most likely be null and void, if in the event of a fire you don’t possess one.Plus you might be liable if anyone is injured .Thanks for asking,HH.
~~~~~~ ~~~~~~~~~~~~ ~~~~~~~~~
Sorry,forgot to c&p the post to which I referred……
BMCUW-Cheers :}
aren’t in the SPL
celticinthesun on 22 May, 2012 at 14:39 said:
If the huns are in the SPL next season it’s because Celtic allowed it to happen.
If the Board are havering on what to do for the best, renewing or not renewing could influence how they resolve what action to take.
Those renewing and claiming the moral high ground for doing so might be heading for a fall.
…the company will expire next week when it runs out of money…
Shurely, they couldn’t have spent all of the JBB money…
;o)
St Andrew’s House, Regent Road, Edinburgh EH1 3DG
http://www.scotland.gov.uk
abcde abc a
Chief Medical Officer, Public Health and Sport Directorate
Sport and Physical Activity Policy Division
E: footballcorrespondence@scotland.gsi.gov.uk abcdefghijklmnopqrstu
Mr Francis Healy
abcdefgh
___
April 2012
Dear Correspondent
Thank you for your correspondence to Scottish Ministers about statements made on
developments at Rangers Football Club. I have been asked to reply.
The Scottish Government fully recognise that it is vital that both individuals and organisations
pay their taxes in a timely manner as taxation is essential to the economic and social
development of Scotland. I would like to reassure you that any comments made by members
of this Government have always stressed the fact that we expect Rangers FC, or any other
football club or business for that matter, to meet its obligations to the taxpayer. We have
also recognised the importance of an agreement being reached between the club and HM
Revenue & Customs which ensures that tax liabilities and debts are met.
Duff and Phelps are the appointed administrators and we want to see an outcome in the best
interests of the staff at Rangers, their supporters and the game of football in Scotland as a
whole. We have offered the administrators the support of our national programme for
responding to redundancy situations, Partnership Action For Continuing Employment
(PACE) to assist any employees who may be facing redundancy and PACE representatives
are maintaining close contact with the administrators. PACE support is always available and
is always offered to anyone and everyone facing redundancy, PACE have offered this type
of assistance to Scottish football clubs in the past and stand ready to assist any football
clubs and other companies in the future.
You will appreciate that the administrators are taking forward the process of assessing the
business and securing an outcome in the best interests of all the creditors. It is therefore too
early to comment on potential outcomes however I want to be clear that no public money
would be offered to bail out any football club and this remains the case with Rangers.
Yours sincerely
DEREK GRIEVE
Head Of Sport and Physical Activity Policy
BadaBing
You do fire risk assessment? Where are you based?
67Heaven … I am Neil Lennon..!!..Truth and Justice will always prevail on 22 May, 2012 at 14:07 said:
Whit am a like …… Still posting on previous article….LOL
One worth repeating
greenjedi on 22 May, 2012 at 10:41 said:
You are rapidly approaching FUD status…..to be so naive as to why Celtic are monitoring developments, and not ‘shouting their mouths off’ publicly, is, quite frankly, astounding, I’m afraid…..
………………..
You see I’m old enough to know that Celtic boards always do right thing!
Aye right!!!!
I trust the Board as far as I could throw them up a hill. The Board IMO are penny wise pound foolish. This is a time when Scottish Football needs leadership on what to do. So far we have heard from Kilmarnock, Dundee Utd and Hibs ( I may have missed someone others out) have tried to do so with various statements, but we, the biggest Club in the country have kept schtum. Somebody earlier replied to Hamilton Tim that while the Board are mibbie playing a blinder and waiting for the right moment, it could also be that they are about to have a disaster on their hands.
Do you know what the Celtic Board
1. Want to happen?
2. Are doing anything to achieve it?
Now it could be that the answer to 1 is the complete destruction of the huns and the answer to 2 is they are quietly working on ensuring that. Result – everybody happy if it works!
HOWEVER
It could also be that the answer to 1 is to retain the staus quo and the answer to 2 is hee haw as its all ready been decided that will happen.
I hope its the 1st option, but I’m old enough to know that Celtic boards are capable of anything!
If that in your eyes makes me a fud, I guess I can live with your disapointment!
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 22 May, 2012 at 14:47said:
Just had the same reply.
I cant understand why renewing your ST is seen as some sort of treachery by some on here. Its the Huns who should suffer not us.
ernie lynch on 22 May, 2012 at 14:46 said:
celticinthesun on 22 May, 2012 at 14:39 said:
If the huns are in the SPL next season it’s because Celtic allowed it to happen.
If the Board are havering on what to do for the best, renewing or not renewing could influence how they resolve what action to take.
Those renewing and claiming the moral high ground for doing so might be heading for a fall.
……………….
Ernie, you and I don’t often agree, but on this issue I agree with you totally!!!!
So…
Today is 22nd May…
Money runs out 31st May…
Volunteer required from that date to fund Club until…
A CVA agreed, which at best will take 6 weeks…
Player contracts re-instated…
Player sell-on prices triggered…
No season ticket sales…
Deficit £400000+ per week…
Methinks the Teddy Bears have had their picnic.
Lennonist
I never read it like that. I read it as Celtic fans wanting to avoid treachery.
Hail Hail
ernie lynch on 22 May, 2012 at 12:05 said:
hamiltontim on 22 May, 2012 at 11:31 said:
”I think that Celtic have played a blinder in this.”
Would it not be more accurate to say either
‘I hope Celtic have played a blinder in this’
or
‘Celtic may have played a blinder in this’?
The truth is none of us know, and have no way of knowing, until it’s too late.
ERNIE
Compare your disparaging description of HT’s post-above-with your post at 1446
To me,you seem to suggest that HT is presenting opinion as fact-which,by the use of the words “I think..” he clearly is not,and then you look calmly into your crystal ball and state for us our future.
With no equivication.
Some man,Ernie.
ernie
So far I don’t know anyone who won’t be renewing but not one of them is renewing so that they can gain the ‘moral high ground’ as you call it.
They’re renewing because they see it as the right thing to do.
greenjedi on 22 May, 2012 at 14:54 said:
ernie lynch on 22 May, 2012 at 14:46 said:
celticinthesun on 22 May, 2012 at 14:39 said:
If the huns are in the SPL next season it’s because Celtic allowed it to happen.
If the Board are havering on what to do for the best, renewing or not renewing could influence how they resolve what action to take.
Those renewing and claiming the moral high ground for doing so might be heading for a fall.
……………….
Ernie, you and I don’t often agree, but on this issue I agree with you totally!!!!
======================================
My fear is you could be right.
My expectation is you will be wrong.
I claim no moral high ground in renewing ticket (D Debit)
But the club knows I will cancel if they don’t do what needs done.
They know ’cause I told them!
hamiltontim on 22 May, 2012 at 14:57 said:
………and because they love Celtic………..why would any Celtic fan not renew?……to send a ‘politcal’ message ?? ……..we are Celtic supporters….. !!
Ernie,
You’re getting tedious again……LOL
I just cant see the logic of the “dont renew “campaign. In what way does a financially weakened Celtic benefit the fight for sporting integrity?
Hamilton Tim
I think the record season tickets sales are a testament to guys like yourself and naturally Lenny’s champions and not to mention the reasonable prices but mainly guys like yourself.
I think the plc might be making a mistake if they think that their will not be a downturn if newclub are in the SPL next season.
I expect Celtic to play against a newclub next year and that newclub to be punished. In fact I will go as far to speculate that Celtic have demanded this.
I do not see the punishment as being intended to actually punish newclub Rangers but more of an exercise in allowing our supporters who have bought a ST to believe that something was actually done about it.
15th June the fixtures come out ….. so not long to wait …. or will there be extensions
I think this will be the summer of extensions a go go
Celtic have nothing to comment on as Neil Doncaster is doing our commenting for us.
Hail Hail
Will the day come when daddy tells sony to switch that correographed WWF nonesense over to the football, only for sony to reply, ok lets watch a corrupt competition instead.
Lennonist on 22 May, 2012 at 15:04 said:
Go back and read the CQN archives for goodness sake.
Your about 8 weeks behind.
Hail Hail
Whether or not Newco can ever happen is still in the realm of speculation, but Dungcasters fervent willingness to accommodate them back to the top table is not in doubt. The perverted butcher has made sausages out of whatever is good in Scottish football & proceeded to sell whatever’s left over as bad mince- in doing so he has sold off Scottish footballs credibility with this malingering sham in the service of the Big Lie: we need Rankers at all costs. His overcooked flim-flam has went anabolic, like subterfuge on steroids- but his big problem is that he has all the conjuring skills & anaemic charisma of a door to door salesman. The straw man can’t sell the Big Lie, therefore he has been unable to hoax, we the fans, with the treacherous bluff that is this tarantella of organized hypocrisy. Doncaster is a professional prevaricator of the worst kind, a stooge for hire: he could eat the gammon with his forked tongue. He has also repeatedly embarrassed himself with a rare enthusiasm for deliberately misrepresenting facts, which in a sense is tantamount to lying. His weeks of glossy window dressing & shuffling on the fence are over & he has finally concluded what side he is on: Mammon, ergo Rankers. It could make a crocodile cry. He now seems on a roll, drunk on whatever is in his poison chalice. But our meretricious dope will get snared in one of his own mouse traps. He has already thrown out enough rope to hang himself. Now all we need are some decent journalists to finish the job off: any laptop hangmen out their with big enough cojones to string him up?
What do our Old Firm supporters first and foremost fail to understand ?
HAil HAil
so will the people advocating not renewing be the same ones who criticise the board for not strengthening squad in close season?
i will be renewing as I
a – want to watch celtic
b – want to be part of the club
c – want to make a small contribution to back the team and manager
d – couldnt give a flying duck about rangers, they are an irrelevance to me.
When the champs lge music goes next year and the haris stand up, treachery will be the farthest thing from my mind.
looking forward to the Norwich game tonight.
Probably have a lot of periferal bhoys out tonight.
Any one think Grant Holt is the battering ram centre forward Neil has been searching for.
I think he is in the Hartson mold and would do a good turn for us up here.
Cheers
HH
Mike
Awe_Naw…,
come on pal, do you honestly believe anything the board tell us about season ticket sales :oD)))))
Ernie Lynch
A lot will depend on how many share your view where the only indicator of success or failure is Newco in the SPL.
This is a black and white approach to a situation where the reality is there will be a number of shades of grey, any one of which will be enough to persuade supporters who want to have a reason to keep supporting that Celtic made the best of a bad job.
It would be wise imo to wait and see what emerges and why, not set up non negotionable judgement lines before all factors are known.
I can think of some conditions that if imposed will satisfy sporting integrity and change the sick culture of Scottish football forever.
Is it the Chinese who say crisis brings with it opportunity.
I would be more critical of Celtic if that opportunity were not taken than if they were unable to stop a vote for Newco
Rangers will not be appearing in the SPL next season in any shape or form.
canamalar
No sure not its a wee pat on the heid to the Old firmists
Hail Hail
Auld Neil Lennon heid
I think if your post instead of “success and failure” stated more accurately as it should “clean or dirty” it will read differently.
Hail Hail
Awe_Naw_
I do keep up with supporting my club. I don’t keep up with those who want Celtic to declare some sort of Jihad when they know F’all about what is actually happening.
;0)
AsonofDan
a Jihad … LOL
If your demented enough to pay good money to help protect Rangers protection racket at this juncture in history and that is what might well happen then you are the worst thing that could happen to Celtic and deserve a jihad
:-))
HAil Hail
scotlands shame
Your post sums up what every Celtic supporter I know feels. It only seems to be on-line that you get the bhoycott Celtic mob, who probably dont go to games anyway.
AWE NAW 1506
I’m not quite as old as you,and HT is younger still. We still have hope in our hearts despite our- fewer-years of battle-hardened experience.You have a year or two on us in tems of hard-earned cynicism,in other words.
I would hate you to be right-not because it’s you,obviously-but because if you are,the game’s up,the ba’s bust and we might as well chuck it!
I genuinely believe you are wrong on this,but if you are right then it will be a slow death for Celtic.
That is not something I wish to contemplate,nor is it something that I believe has been overlooked at board level.