Hottest ticket in management lurches in the wrong direction

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Right now our former captain, Paul Lambert, is one of the hottest tickets in football management so it’s no surprised that Norwich City have been unable to hold onto him.  Inside three years he transformed the club from one that lost 1-7 to Colchester United (then managed by Paul) to one of the most improved teams in Europe, earning two consecutive promotions and a mid-table finish in the FA Premier League.

If Lambert ended up at Liverpool, or even Chelsea, you would not have been surprised.  Instead, he’s set to go to Aston Villa.  During their Martin O’Neill era Villa splurged cash they ultimately realised they couldn’t afford.  Martin walked out days before the start of the season in August 2010.  Since then they pitched Gerard Houllier at the job before poaching Alex McLeish from relegated city rivals Birmingham.

In short, Villa looks like a club without the vision to build stable progress.  Unlike Norwich, who seem to know exactly what they are doing.  They even coped with the loss of Neil Doncaster, who left the club a few months before the arrival of Lambert.

Norwich City is the better job.

I’m on Radio Scotland with Jim Spence around 16:15 today, talking about social media and football, square sliced, the price of milk and lawn care.

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831 Comments

  1. Partizan on 3 June, 2012 at 05:38 said:

     

    >>>

     

    It’s tumbleweeds time here on the ole prairie……em, I mean,website.

     

    ~~~~~~~~~~~~~HH!

  2. miki67

     

     

    As it’s only you and me, what do you think of the Scotsman article?

     

     

    We can’t really complain when the mainstream media actually listen (copy and paste).

  3. Just wondering if “Taylors attack on Rangers” is a new front in the battle?

  4. Show us the money

     

     

    Richard Wilson Sports writer. The Herald

     

     

    Since holding his first press conference 21 days ago, Charles Green has only become a more elusive figure.

     

     

    Rangers fans were reluctant to challenge Charles Green but now fear season ticket money could be used to buy the club again Photograph:Brian Stewart

     

     

     

    His plans for Rangers remain vague, he has yet to provide any funds, and he cannot declare with any certainty which backers, if any, are committed to his loose consortium.

     

     

    Only Duff & Phelps, the administrators, appear to have any faith that Green will be able to complete his £8.5 million deal to buy the club.

     

     

    In 11 days a creditors’ meeting will be held at Ibrox to determine if Rangers exit administration through a Company Voluntary Arrangement. Should that vote fail, Duff & Phelps claim they already have a binding agreement in place for Green’s consortium to buy the assets for £5.5m in a newco scenario.

     

     

    Yet it is not even clear if they have received the authority from the creditors to sell those assets without allowing bids from an open market.

     

     

    The Sunday Herald also understands that Green’s consortium has not committed any funds beyond the £200,000 exclusivity fee, despite the fact that the CVA proposal being sent out was due to trigger a seven-figure payment.

     

     

    Green has contradicted himself throughout the past three weeks, talking of 20 investors, then five or six; talking about playing a long-term game then admitting he will try to turn around a share issue in the short-term; talking about having £20m in place but seeking significant investment from local Rangers-supporting businessmen; and talking about the club never being in debt again, then trying to buy it with a loan that carries 8% interest.

     

     

    The only certainty is that Green has seen an opportunity to exploit the club’s circumstances.

     

     

    “He is playing an immaculate hand as an acquirer from distress,” an insolvency expert told The Sunday Herald. “He came in late; he came in apparently high; he came in at the point where the leverage had switched in favour of the acquirer from the administrators.

     

     

    “He has not, of course, backed his words with cash. Weeding out tyre-kickers is an essential skill of insolvency practice: finding the buyer with the passion and the willingness to complete often outweighs the top-dollar hold-out; failure to go with the most willing buyer at best prolongs the deal and at worst creates a Dutch auction.”

     

     

    Rangers fans were initially cautious about Green. As the buyer Duff & Phelps had chosen, he represented the club’s best hope of finding a way out of adminis-tration. Yet that tacit acceptance is beginning to erode; Green has so far failed to convince.

     

     

    The CVA proposal published last Wednesday was the final proof for many supporters that it was time to make a stand for their club.

     

     

    The proposal is worth demonstrably less to creditors than other offers Duff & Phelps received. All four bidders were told they must provide funding from June 1 – last Friday – yet Green has not.

     

     

    Instead, £3.6m is being deducted from the creditors’ pool to cover the Administration Trading Shortfall. Rangers are also due £3.7m in transfer fees, but this has been written down in the proposal to £2m.

     

     

    Duff & Phelps claim that funds are in place to pay running costs until mid-July, when Green would be expected to finally pay some money, so where has that come from?

     

     

    A number of players can leave for set fees when the transfer window opens, yet at least a percentage of any transfer income should have been offered to creditors as part of a more viable CVA proposal.

     

     

    Supporters have also grown alarmed that season ticket money would be used to cover running costs and are now demanding that Green meets them to provide credible proof of funds, or they will not back the season ticket campaign, which is due to begin before the CVA vote.

     

     

    Sales would normally bring in £16m – with 75% of the income normally received by now – but fans do not want their money to be used to buy the club, which was effectively what Craig Whyte did.

     

     

    “If he can prove that the wherewithal is in place to see us through then take us forward, we’ll be encouraging people to buy season tickets,” says Andy Kerr, president of the Rangers Supporters Assembly.

     

     

    “If people are being asked for the season ticket money based on the circumstances we have right now, I would imagine that the vast majority would say, ‘you ain’t getting a penny until I know that you are holding up your part of the bargain’.

     

     

    “That might make us appear dogmatic and challenging, but it’s our club and we’re the biggest investors in it. I read the CVA proposal and it just seems as though we will be paying for it. But if this guy drops the ball, there is somebody waiting to pick it up.”

     

     

    The administrators know two other bidders are ready and able to step in right away should Green’s deal collapse. A third is also prepared to move.

     

     

    All three believe Green does not have the funds and want to save the club, with at least one confident the CVA proposal can be picked up and altered to make it more attractive to creditors without delaying the process.

     

     

    The reluctance of fans to challenge Green was in part due to the fear that the alternative was liquidation. They are now realising the fate of the club remains in their hands.

  5. The administrators know two other bidders are ready and able to step in right away should Green’s deal collapse. A third is also prepared to move.

     

     

    All three believe Green does not have the funds and want to save the club, with at least one confident the CVA proposal can be picked up and altered to make it more attractive to creditors without delaying the process.

     

     

    The reluctance of fans to challenge Green was in part due to the fear that the alternative was liquidation. They are now realising the fate of the club remains in their hands.

     

     

     

    =====

     

     

    Hahahahahahahahahaha

     

     

     

    As has been said,

     

     

    Stupid Huns!!!!!

     

     

     

     

    It can be torn to pieces elsewhere. CVA aint ever going to happen.

     

     

    I’m not on here much these days, so my prediction means nowt.

     

     

    No RFC at all next season. Maybe Cowdenbeath Rangers the season after,

  6. Son of Warsaw on

    Andrew Smith has contracted moonbeamitis.

     

     

    Back up bidders, a better CVA deal……….

     

     

    Stupid huns.

  7. kitalba on 3 June, 2012 at 07:10 said:

     

    >>>

     

    Reminds me of Mason Boyne……Or is it the other way round?

     

    HH!

     

    :-)))

  8. •-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on

    Morning all

     

     

    Just reading some of last night’s posts. Someone posted a NL tribute video.

     

     

    I left Scotland 7-8 years ago and as the squad changed I quickly became a bit disconnected from Celtic – they were players I’d never seen before and it didn’t feel like my team anymore. I’m not saying I stopping supporting them – just that I felt a bit left out in a stupid kind of way.

     

     

    Not now. The coaching staff are MY players and the connection has been restored.

     

     

    HH and watch out for those Orc Walks today :)

  9. •-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on

    DAVID Taylor, the joint general secretary of Uefa and former SFA chief executive, said last night the football world was united in condemning the actions of Rangers in going to the Court of Session to overturn the 12-month transfer embargo imposed on them by the SFA.

     

     

    From Sunday Herald

  10. Mountblow tim on

    Good morning CQN from a sunny Clayton Park in Fife

     

    Paul congratulations on another fine performance on the radio

     

     

    I see Charlie Green likes the horse racing well he’s

     

    Backed a big donkey this time

     

     

    1st WE’RE ON THE ROAD TO NOWHERE

     

    2nd KEEP ON RUNNING

     

    3rd IT’S ALL OVER NOW

     

     

    Keep the Faith

     

     

    Hail Hail

  11. “Sales would normally bring in £16m – with 75% of the income normally received by now – but fans do not want their money to be used to buy the club, which was effectively what Craig Whyte did.”

     

     

    I might be just plain thick here but don’t ticketus get money from the first 25,000 or so season tickets?

  12. Maybe this time around on the thug’s magic roundabout we will finally be shot of the nazi scum that RFCia has become.

     

    The bbc,instead of slagging Poland and Ukraine to death for some right -wing football fans,should be taking a long hard look at what’s on their own doorstep.

     

    But they haven’t got the guts to confront the o.o.,the sdl,or any of the other fascist scum using rfcia as an ‘established’ outlet for their murderous beliefs.

  13. Silver City Neil Lennon on

    Kitbila, Rangers fans are alarmed that season ticket money will be use to cover the running cost of the club? I’m not surprised. For decades they’ve relied on money stolen from the tax man and other football clubs.

  14. Perhaps the most heartening thing I can see this morning is the Huns twisting in the wind.

     

     

    I know lots of you good folk want to talk about Celtic. So do I.

     

     

    I’ve not posted on here for a good few weeks.

     

     

    But I’m loving the slow, slow death of the Huns.

     

     

    Just my opinion.

  15. I’m waiting for the transfer market to get up a head of steam and we can see what kind of team we’ll be heading into 2012/13 with. And rfcia can become the lesser story,even though it’s shaping up to be the biggest scandal in football history.

     

    There’s so much more that could be said,but as Paul67 reminded us,the word ‘allegedly’ needs to be liberally employed.

     

    Anyway…

     

    …”Glasgow’s Green And White!!”

  16. CultsBhoy loves being 1st forever & ever on

    I thought Speirs story was well written. I read it as something written with ironic overtones a kind of unwritten sense of ‘the band played believe it if you like’..

     

     

    He’s no fan of Murray di I was disappointed to hear him say he believes that Minty was genuinely duped. That lacked credibility.

     

     

    I read everything he writes differently now that he is free lance and currying favours for his next job.

     

     

    Today I thought he got the tone right. He reported the D&P story with a truckload of dkepticism

  17. CultsBhoy loves being 1st forever & ever on

    Celtic squad next season needs more shedding of existing players than additions.

     

    Additions remain centre back and Goalkeeper.

     

     

    A mature ( 28 yr old) captain like CB required…

     

     

    I don’t feel there will be a lot of change. I’m half expecting Hooper to depart which wil be regretful ..

  18. sixtaeseven: No NewClub in SPL and it's Non-Negotiable! on

    Morning all from gay Paree, overcast with rain to come (20C max.)

     

     

    As the saga lurches on through the close season, one satisfying thing is that the “Old Firm” tag will be finally ditched forever.

     

    The current state of affairs is that we are “firm” while they are “infirm”.

     

    When the new season kicks off in two months time there will be just “Celtic FC”.

     

     

    RFC(ia): Time to Pay the Wages of Sin

  19. Just a quick word of thanks to Partizan for staying up all night to keep an eye on the blog …

     

     

    The party was great, by the way: you should come next time and let some other silly bu**er look after t’internet …

     

     

    FF

  20. What’s vexing my brain this morning (as if I didn’t have better things to think about!) is : where is the moolah comin’ from to meet the huge wages bill for that lot this month?..reportedly paid..yet they willnae pay one single creditor one thin dime,including the paper shop….les cretins.

     

    NoFinancialExpert CSC

  21. Jeg er Neil Lennon-Greeninbingley on

    Morning from dreich Oslo where the sky is porridge and the rain is coming down in lumps.

     

     

    What i can’t get is D&P saying the Ticketus deal has been “torn up”. Wish I could do that with my bills.

     

     

    EvenlessofafinancialexpertCSC

  22. Miki

     

     

    My thoughts exactly …where is such a significant sum of money coming from

     

     

    Administrators are supposed to be in place for the benefit of the creditors ….thus far they have lined their own pockets and paid no one

     

     

    They will be fortunate to avoid claims to their professional competency

     

     

    Btw have they paid RFCia’s taxes since taking over the running

  23. sixtaeseven: No NewClub in SPL and it's Non-Negotiable! on

    miki67 on 3 June, 2012 at 09:03 said:

     

     

    Worse than that for me, is this…

     

    If RFC(IA) have paid no PAYE or NIC since D&P took over, how can their “second place” finish in the SPL be allowed to stand?

     

    Indeed, how can they possibly be in line for any prize money?

     

     

    Wasn’t the MBB’s non payment of PAYE/NIC one of the main reasons they went into Admin in the first place?

  24. What Might Happen to Rangers at the Re-Heard Appellate Tribunal?

     

     

    Some lenghty reading for a Sunday, in which I attempt to answer the question of what Lord Carloway’s Appellate Tribunal will decide about an additional sanction on Rangers. In the process of reaching a conclusion on this, I consider the following.

     

     

    What did the Judicial Panel think of the gravity of Rangers’ offence?

     

     

    What options are open to the Appellate Tribunal?

     

     

    Why I do not think ejection from the Scottish Cup is either competent or appropriate.

     

     

    What effect would suspension, expulsion or termination have on Rangers.

     

     

    What could Mr Green do, in the event of any of the above three penalties being imposed?

     

     

    Can Rangers agree a shorter signing ban with the SFA?

     

     

    What will happen before Lord Carloway?

     

     

    If unhappy with the decision can Rangers appeal further, whether to the Court of Arbitration for Sport, or to the Court of Session?

     

     

    And I conclude with a foray into Shakespearean adaptation!

     

     

    http://scotslawthoughts.wordpress.com/2012/06/03/what-might-happen-to-rangers-at-the-re-heard-appellate-tribunal/

  25. Why does the weather in London today, give me a warm feeling inside me :)) to watch hundreds of loyal racists on banks on Thames waiting on the racist German family and they are soaked :)

     

     

    st

  26. Folly Folly

     

     

    Ok

     

     

    Puttin ma hands up.

     

     

    But shirley it stops?/?

     

    Och anyways.