There has been an enormous amount of guff said and written during the last five months but last night’s statement by Inverness Caledonian Thistle chairman, Kenny Cameron, is surely is up there with the most bizarre.
“All clubs will now have to live with the repercussions of this decision. Scottish football was at a cross roads today in terms of what was on the table for all clubs regarding reorganisation, financial distribution and a road map that would have taken the game forward.
“But this has now been thrown in to disarray by this decision. This is a sad day for all clubs in Scotland.
“Certain clubs in the SFL have perceived the financial information they were receiving as a ‘big stick’ to beat them into accepting Newco in the First Division. This was definitely not the case, as far as I am concerned. What they were being told was the reality of the situation.
“We will be convening an emergency board meeting over the weekend to discuss the very serious financial implications for us as a club going forward.”
Instead of explaining to the people of Inverness that buying season tickets will prevent the club making non-football staff redundant he seems to be preparing the ground for significant cutbacks.
This is the reality for every club in the SPL and several in the SFL. Fans, including Inverness fans, demanded that a sporting element was retained in their game. Now they’ve gotten their way, Inverness and the rest should be putting out the clarion call for fans to buy tickets.
As football fans, this is our responsibility. 35 out of 42 clubs voted to reject Sevco into anything other than the bottom level of Scottish football. Now we must step forward.
P.S. You don’t really need me to tell you, but buy a season ticket now!
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Greenlion2 on 14 July, 2012 at 18:53 said:
As you know in Gods town we focus on manly sports and have no time for ‘big lassies’ games….
—————————
did you no represent inverclyde at netball ?
cmon, be honest.
Gordon64 on 14 July, 2012 at 19:12 said:
GB
Disagree.
HH
I am not in a position to influence this matter. I have no vote in the matter. I do not trust the present SNP politicians to deal with the major issue of Anti Irish Catholic sectarianism.
El Diego
How are you??? Is it still raining??
Neil south uist @ 18:28
I had the pleasure of watching Father McLellan on the series An Island Parish
Old School and a real gentleman
RIP
GORDON64 1903
We will defo have to break bread in October,so many similar ish ideas and similar ish memories.
As I said before,we can each fill the gaps.
Watching Rugby League on Bbc2.
What is Clare Balding doing presenting this???
God help us. She maybe covering Div3 matches next season?????
BMCUWP
Very well said.
Felt the hairs on the back of neck stand up.
The fightback starts now.
Paul67 et al
Over 10,000 for a pre-season friendly. Saturday afternoon football, what a novel idea. Wouldn’t be a bad idea to have the two Dundee clubs in the same league. Maybe not this time, since I do not think Dunfermline would have been relegated had it not been for the prevarication of Neil Doncaster and Stuart Regan.
GB
Agree with your sentiment
but they are our problems to solve.
And hopefully we are moving in the right direction.
googybhoy
Just been out on the decking. It’s really nice tonight. Sunny and reasonably warm.
Behind me are fields with cattle, the nearest tonight being maybe 20 yards from my property. Really lovely on nights like this.
My daughters are heading home from Sharm later arriving in GLA about 02:00 so I’ll kip for a couple of hours before they get home.
Take care mate.
GL2
“The old I was on the mens beach volleyball site aye right or do they also wear the tight shorts and cut off tops……”
I’ve never understood the attraction of old perverts like yourself to women’s beach volleyball. They are no more scantily dressed than track and field athletes or swimmers. And If it was the women that played the game up here you might want them to wear more layers.
I don’t follow the beach game and I played it only a handful of time because sand is a very irritating and muscle sapping surface on which to try and jump. I’m just amazed that the GB Men’s coach for beach volleyball comes from Greenock and the female competitor who played beach for GB in Sydney came from Whitburn.
I must ask Awe Naw where Whitburn Beach is.
GORDON64 1930
At oor age,wur lucky tae hiv hairs there………….
from http://www.thedemiseofrangersinpictures.blogspot.co.uk/
___________________________________________
The motivation to invest £5.5 million into a club which you have no conceivable interest in has baffled people all over Scotland ever since Charles Green intimated that he wanted to take control of Rangers football club.
Some think £5.5 million seems to be a bargain now that the club has been liquidated but at the time when Charles Green came onto the scene it was potentially a £140 million money pit. Green was still intent on purchasing the club through a CVA but with a paltry offer of £8.7 million for creditors, some would say a deliberate low offer to induce the Liquidation of the club thus ridding Charles Green of the HMRC bill.
So Charles Green bought the assets of Rangers football club for £5.5 million and started a new company called Sevco 5088 which will operate from the premises which used to house Rangers football club.
So the question is still, what is Charles Greens motivation?
First of all Octopus Investments are the parent company of Ticketus. Ticketus are the company who were left £26 million out of pocket when Craig Whyte put Rangers into Administration. Ticketus were Rangers second biggest creditors (first being HMRC) when Rangers went into Administration.
Octopus are investors in the company Zeus Capital who are running Sevco 5088 with Charles Green.
Let me bring to your attention Imran Ahmed and Brian Stockbridge.
Imran Ahmed founded and was Chief Executive of a company Allenby Capital Limited. Brian Stockbridge worked as a nominated adviser at Allenby Capital.
Allenby Capital were brokers and advisers for Octopus on numerous occasions in different business transactions.
On January 2012 Brian Stockbridge joined Zeus Capital and in April 2012 Imran Ahmed also joined Zeus Capital. On the 14th of June Charles Green bought the assets of Rangers and installs these two guys to help run Sevco 5088.
How does Charles Green fit into the Octopus/Zeus cog?
Charles Green is the only man in the whole equation that has any back ground in football or sports when it comes to business in all of this.
Zeus Capital worked with Charles Green when he was at Sheffield United.
Zeus worked with Charles Green when he disposed of Sports Management company, Gresham PE. Now Formation Group.
Remembering that Octopus are financial backers of Zeus Capital and Zeus are nominated advisers and brokers for Octopus there is only one man for the job. Charles Green. And the job is? Getting the Ticketus money back.
It was very recently announced that Sevco 5088 will be using Metro Bank as their banking facility as RBS refused an arrangement with Sevco 5088 and Fast Pay a direct debit company. I believe this to be bullshit.
Octopus will get their money back……………
Through a company called Caerus Wealth.
Their Group Investment Director is Ronan Kearney who is also the Venture Fund manager at Octopus Investments.
Their Chairman and CEO is Keith Carby who is the founder and Non Executive Director of Metro Bank.
(return of the friendly bank manager)
Octopus get their money without the Sevco 5088 (t)rangers fans even knowing it. Once the money is recouped, Green, Ahmed and Stockbridge sell the assets and that’s their bonus.
Or if an offer comes in that covers all cost and monies its a quick sale and thanks for the £memories£.
A foot note to all of this.
If any Chairman of any football team reads this. Sevco 5088 will not be investing in Scottish football in any way shape or form. So if they aren’t investing in the product, the quality will go down, the footfall of supporters will go down and your club will go down.
Its far better to allow a small club to grow than it is to have a big club rot and take you down with it.
Don’t vote Newco, 1st 2nd or 3rd
Neil South Uist
Sorry to hear the bad news,in our prayers.Is Eriskay the island you see in the distance just before the ferry reaches Lochboisdale?I’m sure I watched the sun set over it,gorgeous.
Dexy’s new album is absolute quality.
ElDiegoBhoy on 14 July, 2012 at 19:33 said:
googybhoy
Sharm is great. Make the best of the weather mate.
Gordon
Hope you are right. I voted yes in the 70s referendum as I thought it was the only way of getting a greater degree of socialism inScotland.
SFTB I dont know if i’ve asked you b4 but i played with a guy who also played volleyball I think with Paisley. He was known as Spike Milligan. He was a good few years older than me so he would be around your age…
Heading out talk to you all later
jackie mac
A fantasy come true genre? If there wasn’t before there is now!
HH
Mickbhoy1888
I too watched Father Maclellan on “The Island Parish” and thought he would be a wonderful man to meet and talk with.I’ll light a candle and say a prayer tomorrow.
Notthebus 19.36
What does craigie boy gets out of it.?HH
GB
Cheers pal.
I don’t know and it will be a leap of faith
but one i am willing to take.
HH
Neil South Uist
Would he be a relation of Caileain McClellan a guy I went to uni with (he’d be about 29/30 now)? Whether he is or isn’t RIP Father.
Notthebus
Cracking post, thanks for the info. The last few old rangers fans that have been hanging around this new club will be seething and will probably decide not to renew their season tickets now causing another liquidation. But I am sure if they have to apply to get another football club registered they will still try and claim it is the the same rangers?
Ps I don’t get why people don’t tell huns like Smith that it can’t be the same club under a different name when they have to apply for a new license from the SFA for a new club under a different name? The huns keep saying that Celtic changed name in the 90’s but nobody ever seems to point out that we didn’t have to re-apply for a license for a new football club?
The Honest Mistake loves being first on 14 July, 2012 at 18:45 said:
Good point.
Googybhoy ……
Tend to agree with you, since politicians will keep the majority happy. However, I do believe we have made great progress by ourselves to reduce the possibility of the bigots being allowed to promote their horrible culture. The oo is a shadow of it’s former arrogant / violent zombie pact.
Just had a thought………. Is it possible that the SFA were desperate to place newco into as high a position as possible in the league, to strengthen their case for the liquidator not selling off the assets, which would be the end game for the derbhun ………….with derbhun in DIV3, their case for asset retention / derbhun survival would be greatly weakened…….?
GL2
I knew a few of the Paisley Boys (but no-one called Milligan) and one of them still drinks in BBs. I met two other ex-Paisley boys in Celtic hospitality. Another was head of PE at Stonelaw. I will ask about your mate next time I bump into one of them.
thanks everybody for your kind words .
theglasgowcelticway
eriskay is next island to the south of uist your prob right
Hail Hail
https://www.youtube.com/watch?v=BmZAxRH3Ibs
So do I have this right.
Zeus the octopus has its tentacles all over the ex hun clubs dosh and they don’t even want to play ball but sell the assets as a bonus for Green and White.
That’ll do for me.
….meanwhile……….in an overgrown, neglected patch of disused land by the the Edmiston Folly there is a rustling in the weed-laden undergrowth…………and a familliar accent pipes up……………….
” Ally!………Ally,
……Ally,…………………………ALLLLLLLLLY,
…….Ally,……………..AL,……………………..
…….
…………………………..
………………………………………..
Al…………….
Coisty!………….it’s me,……….. wor….GAZZA!………..
Ha’way bonnie lad………….
Pit dooon tha’ steak-bake, son and come away fishin’ wi’ me………..we’ll bomb doon t’ Duck Bay Marina,
it’ll be lush………………..jus’ like old times…………………………ye’ll pay fur nowt…aye………..
jus’ like oul’ times……….
;)
http://www.zeuscapital.co.uk/news/news-article.php?id=48
Intrresting
Some dude on twitter
I will be doing a blog on ex Rangers players and their Tax Secrets for next week on 9/7/2012.
But first how the money is being siphoned out of Ibrox back to Ticketus
The motivation to invest £5.5 million into a club which you have no conceivable interest in has baffled people all over Scotland ever since Charles Green intimated that he wanted to take control of Rangers football club.
Some think £5.5 million seems to be a bargain now that the club has been liquidated but at the time when Charles Green came onto the scene it was potentially a £140 million money pit. Green was still intent on purchasing the club through a CVA but with a paltry offer of £8.7 million for creditors, some would say a deliberate low offer to induce the Liquidation of the club thus ridding Charles Green of the HMRC bill.
So Charles Green bought the assets of Rangers football club for £5.5 million and started a new company called Sevco 5088 which will operate from the premises which used to house Rangers football club.
So the question is still, what is Charles Greens motivation?
First of all Octopus Investments are the parent company of Ticketus. Ticketus are the company who were left £26 million out of pocket when Craig Whyte put Rangers into Administration. Ticketus were Rangers second biggest creditors (first being HMRC) when Rangers went into Administration.
Octopus are investors in the company Zeus Capital who are running Sevco 5088 with Charles Green.
Let me bring to your attention Imran Ahmed and Brian Stockbridge.
Imran Ahmed founded and was Chief Executive of a company Allenby Capital Limited. Brian Stockbridge worked as a nominated adviser at Allenby Capital.
Allenby Capital were brokers and advisers for Octopus on numerous occasions in different business transactions.
On January 2012 Brian Stockbridge joined Zeus Capital and in April 2012 Imran Ahmed also joined Zeus Capital. On the 14th of June Charles Green bought the assets of Rangers and installs these two guys to help run Sevco 5088.
How does Charles Green fit into the Octopus/Zeus cog?
Charles Green is the only man in the whole equation that has any back ground in football or sports when it comes to business in all of this.
Zeus Capital worked with Charles Green when he was at Sheffield United.
Zeus worked with Charles Green when he disposed of Sports Management company, Gresham PE. Now Formation Group.
Remembering that Octopus are financial backers of Zeus Capital and Zeus are nominated advisers and brokers for Octopus there is only one man for the job. Charles Green. And the job is? Getting the Ticketus money back.
It was very recently announced that Sevco 5088 will be using Metro Bank as their banking facility as RBS refused an arrangement with Sevco 5088 and Fast Pay a direct debit company. I believe this to be bullshit.
Octopus will get their money back……………
Through a company called Caerus Wealth.
Their Group Investment Director is Ronan Kearney who is also the Venture Fund manager at Octopus Investments.
Their Chairman and CEO is Keith Carby who is the founder and Non Executive Director of Metro Bank.
(return of the friendly bank manager)
Octopus get their money without the Sevco 5088 (t)rangers fans even knowing it. Once the money is recouped, Green, Ahmed and Stockbridge sell the assets and that’s their bonus.
Or if an offer comes in that covers all cost and monies its a quick sale and thanks for the £memories£.
A foot note to all of this.
If any Chairman of any football team reads this. Sevco 5088 will not be investing in Scottish football in any way shape or form. So if they aren’t investing in the product, the quality will go down, the footfall of supporters will go down and your club will go down.
Its far better to allow a small club to grow than it is to have a big club rot and take you down with it.
Don’t vote Newco, 1st 2nd or 3rd
2/7/2012
I will be doing a blog ex Rangers players and their Tax secret for next week on 9/7/2012
Brian Stockbridge’s Overview
Current
Finance Director at The Rangers Football Club
Director at Zeus Capital
Past
Director – Corporate Finance at Allenby Capital
Associate Director at Noble & Company
Senior Manager at Grant Thornton
Ra Bommur,ra rummy.
: – )
BB
How did XRFC deal with an out of control alcoholic?
Feed him more drink and let behave like an a**e.
Shameful.
For those of you who knew Joe McBride
Funeral mass at 0930 hrs Wednesday 18 July at his local parish
Can anyone tell me why Andy Mcinnes isnt the sports editor of the Express ?.
Thanks in advance
As far as I am comcerned we need to get the SFA cleared out followed by BBC SSB because 1. We are tax payers and 2. They are an
extension of what has been happening !.
Happy Years !.
Gordon64
My dearly departed dad was a recovering alcoholic for the final 35 or so years of his life.
Please don’t treat that matter so lightly.
DJBEE
In Streatham now. Re Tooting, the gastropubifying of Jack Beard’s, a fine Celtic Supporters pub, means I only pass through Tooting these days. Shame, some great nights there during the run to Seville.