The stage is set. Dundee United, the club who were last to beat Celtic, stand in the way of their treble ambitions, as the clubs meet on three consecutive occasions next month. The first game, a Scottish Cup quarter final at Tannadice, is the most crucial.
United lost their best two players last week but they remain they will know that beating Celtic at home will make them favourites for the Scottish Cup. They will be far less confident at the following week’s League Cup final, Dundee United expectations are always low at Hampden, but pressure will be on the club to win their home game.
A note on the suitability or otherwise of a director of a public company. In the UK, only the courts can ban you from being a company director, HMRC cannot ban you, any more than they can ban you from driving. In the UK, public companies are held to a higher standard than private companies. If anyone presents to you claiming, “HMRC have never banned me from driving/being a company director”, you know your being misled. The same is true for most jurisdictions.
The AIM market requires companies to have nominated adviser (nomad), which carries out regulator duties on behalf of the market, and ultimately shareholders. The fact that UK, or other, courts have not prohibited you from being a company director implies nothing about your suitability as a director of a public company. When it comes to the AIM market, this suitability is judged by your effective regulator, your nomad. A recent history of financial criminal activity, for example, will give your nomad plenty to consider, as would a recent history of being a director in a liquidated public company. Far more would decline such a candidate than approve.
808 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- ...
- 22
- »
Jackie. May your dad rest in peace and may perpetual light shine upon him.
So McCulloch survives the 3pm deadline to get charged? Again….
jackie mac,
Go raibh suaimhneas siorrai aige.
Árd Macha
RIP Jackie Mac’s dad
Mike in Toronto
Doing fine – as you may have seen on here, I became a grandfather 2 1/2 weeks ago so that has been great excitement.
Wee Jay is such an inspiration – I had to comment. Seeing things like that lift the whole day up.
Hope you bought your good lady the Rembrandt I suggested (Saturday night I think?)
Jackie Mac -RIP HH
winning captains
Works just fine (no ads) on my Huawei semi-smartphone :))
RIP Jackie Mac’s dad
WC
There’s a typo in the first article Latest News Headline.
jackie mac
Condolences on losing your Dad
He certainly will not be walking alone.
May he RIP
So neither Neil McCann or David Tanner called the compliance officer, – this is how it works isn’t it?
Delia indeed. Oh dear, must do better!
Jackie
May your dad rest in peace.
Also RIP the 20 year old Forfar defender who died suddenly. PS say there were no suspicious circumstances. So sad for both families.
Weefra HH praying to Wee Oscar.
“Inter are a good, strong team, especially in midfield, and with strikers who are capable of scoring. They won their group easily. We know that the game will be a tough one for us, but there are possibilities, because we know that Inter have weaknesses as well as strengths. Our objective is to reach reach the round of 16 in the tournament and to reach the objective we need to pull out two good performances, at home and in Italy. I know that we are capable of doing it and we will try our best”.
Ronny Deila
RIP Jackie’s dad
RIP mr Mac senior.
RIP to your Dad Jackie, candle lit in Burgas chapel tonight my friend.
Jason Talbot accepts 2 game ban for his tackle against Hearts.
McCulloch?
.
Why is the Norwich CEO Picking the Celtic Team..?
Summa
Looking out,theres snow on the mountains to my left(first time),in front the Aegean looks like the North Sea in winter,its totally baltic,and this stupid monster of a dug,is sitting 6 inches from my face,bullying me into taking her out.
G,rrrrrrrrrr.Mrs TB sitting giggling at the dugs antics.
Oh well,”Just stepping out.I may be some time”
Jackie Mac
A fine tribute to a fine sounding Celtic man.
May your Father Rest In Peace ( I hope he meets ma Da’ up there, the craic would be great)
Starry
Jackie Mac
My sincere regrets on you fathers passing, may he RIP..
Jackie Mac
Condolences on the loss of your Dad.
RIP Mick
Jackie Mac
Please accept my condolences on the passing of your dad, may he rest in peace.
Real Sons of Struth read the Record.
JM sincere condolences at this sad time
Jackie Mac
Very sorry to hear of your loss
Jackie mac
thoughts and prayers for your father, yourself and your family.
Hravtski
I may have missed that post. Congrats! As if you weren’t busy enough!
I did mention your post to KT… not surprisingly, she agreed with you, and suggested that she owed you a drink when you are next in town.
HH
BlantyreKev 14:23 on 10 February, 2015
The Nomad is a bit like an auditor. With an auditor you can provide a series of reports and assurances and evidence in your plea for a clean audit report. This can be an extensive and extremely stressful period of negotiation.
MIH and subsidiaries are a good example. Accounts for years were reported last minute or late. This not because the accounts department were dilatory, it is because they would rather risk the fine and the compliance rebuke than file accounts with an audit qualification. The ramifications are huge for borrowing, credit facilities, trading etc. Even if that means the arguments and pleas go long into overtime. Revaluing assets was always a favourite to address ‘technical’ insolvency where the numbers simply don’t add to a positive number. You create more numbers till they do. Then there’s cash and selling subsidiary crown jewels, having share issues underwritten, cross guarantees and of course friends at the bank with ‘facilities’.
An auditor takes all of that and needs to find comfort in issuing an audit report that attests to the accounts being ‘true and fair’ . The accounts will state in the Directors’ Report that the basis if reporting is that of a Going Concern, so is that true and fair? The auditor needs to view 12 months ahead from the sign off date and agree to that before giving an unqualified report.
So who holds the stick to beat an errant auditor? Simple their regulatory professional body and the shareholders. After a case called “The Bannerman Case” audit reports in the UK were re-worded to give audit assurance only to shareholders, no other stakeholder or 3rd party. In the Bannerman Case lenders relied on the clean audit report to lend. Turns out the company was bust. Bannerman Johnson Maclay were successfully sued. So the profession changed the wording to protect its members, effectively.
When you’ve exhausted all avenues, exerted as much pressure as you can, paid and promised fees of astronomical proportions and still get a report with an emphasis of matter on going concern you know the goose is cooked. The last two RIFC audit reports have emphasised the matter. Can you imagine the nature of the discourse before they went to print with that?
Likewise in your quest to stay compliant with the AIM regulator you need a Nomad responsive you your point of view on the regulations. When your Nomad jumps ship you know their Professional Indemnity Insurers perhaps don’t share the same point of view! Reaching that point must be one hell of a bumpy ride. Oh to be a fly on the wall of those negotiations. To wade through three such deliberations and Nomads is pretty much self fulfilling in forming a view on compliance and regulatory fortitude.
The Nomad, like the auditor, is accountable to shareholders and their regulatory body. So where does the risk point tip between fees and claims on your PI. In the case of RIFC we are told that Dave King mounting the see saw catapults the current (or currant) incumbents off. Even if you found and enormously fat Nomad to mount Dave King’s side it is already out there that a heavyweight shareholder will definitely be facing you down and breathing down your neck at every turn. Who is seriously going to take that on for the fee that King could pay? That exposes RIFC to leaving AIM, and shareholder action anyway as it is not in their interests.
This is only just beginning.
In short think about the extraordinary, protracted, stressful, costly negotiations that must be going on at all levels now, for months before and for the foreseeable future. Is it any wonder no one has any time to spend averting the slide of the sports team part of the group into the abyss? Gardening leave, a caretaker and late loans are as temporary and ill conceived measures as you could expect in the circumstances.
There is no obvious easy end to this. King needs to save face. Ashley doesn’t get beaten. Positions are entrenched. An alliance between Ashley and the three bears, exclusive of King is what I expected and may well transpire.
Rangers will be turning in their grave.
Class and informative essay.Thank you.
:-)
HH
Jackie Mac –
Sorry to hear of your dad’s passing
Blantyre Kev
Incisive and insightful piece of writing mate, good to see you back on the blog..
Jackie Mac – Condolences on the passing of your Dad. Keep your head up.
RIP Mick
Jackie Mac
Thoughts with you and yours at this time,
Those that have gone passed on a fine legacy with The Celtic
More than a football club
« Prev
1
2
3
4
5
bournesouprecipe
15:52 on 10 February, 2015
So neither Neil McCann or David Tanner called the compliance officer, – this is how it works isn’t it?
———————————————–
How does it work? I was under the impression that anyone could contact the SFA Complaince Officer and ask for an incident to be considered for review. Certainly clubs can contact him with complaints. The general public? Appears not from the posts on here earlier. On the other hand, they seem to pick up on some incidents themselves – e.g. Jason Talbot. Or was he reported by Hearts?
Jackiemac
Sorry to hear about the loss of your father
may he rest in peace
HH
http://www.scottishfa.co.uk/scottish_fa_news.cfm?page=2566&newsCategoryID=1&newsID=14287
McCulloch sited 8)
Ole EPL about to generate 4.4 Bn of your British pounds for TV rights.
Ha!
As long as we are guaranteed the ole Friday Night Dismalfest we are in clover.
RIP JM’s Da’
Thoughts are with you and your family at this time.
Thought I asked this before, but is the SFA gov’t funded?
HH
gsu