You would be forgiven for thinking Honest Dave King is a bit preoccupied by the C word. Every time he extrapolates where the club he supports (through an accomplished undermining strategy) is heading, the subject returns to knocking Celtic off their lofted perch.
This task could take £30m-£50, King estimates, a burden he is willing to share with others, although he does not appear to put a figure on his own piece of the action. Ploughing £50m into newco Rangers over the next five years would certainly help, but it would still leave them short of Celtic’s projected income over the period, and in this town, success is a zero sum game.
Top dog gets a crack at Champions League income, which is a bit of a chicken and egg situation. For a Scottish club to get into the Champions League in a responsible manner, they need Champions League income more seasons than not. Alternatively, they can gamble recklessly, build up contractual commitments which stretch out for years into the future, in the hope that they out-perform the other would-be top dog.
We’ve seen this movie before, it is the arms race that David Murray bulldozed Scottish football into. It was calamitous for his club, which was sold for £1 to an insolvency specialist before being liquidated.
It had consequences for Celtic too. Fergus McCann build a stadium and left us almost debt free, but in the intervening 20 years Celtic lost far more than they would have, if they had copied the lavish spend (and tax) policies Murray undertook with Rangers.
Things are different now. We have cash in the bank, a winning team on the field, who have qualified for the Champions League group stages twice in succession, and we’re guaranteed to be seeded to qualify again next season. We also have a secure long-term borrowing facility, so in the event of a reversal in qualification, the club would not be put in jeopardy.
Starting an arms war with this Celtic team would be an act of remarkable courage. Observers will also note that the upper limit of King’s expected requirement, £50m, is just a little less than 10 times what the highest bidder for Rangers assets managed to clean up with, when the supporter’s need was greatest.
There is an alternative football development strategy, it’s called sustainability. Budget to spend no more than what you expect to earn, appoint good coaches and scouts, pay your tax and look the world in the eye.
Engage fans in this sustainability model. Tell them the road to the top will have twists and turns, and will take a while, but they can be sure their club will never be liquidated. This is the only way to run a football club, whether your Celtic, Aberdeen or newco Rangers. It’s not always popular, there will often be calls to speculate a little more, but it will ensure the club survives.
King is a smart guy, so he will know this. He’s even lived through all the pain and drama once before, so the sustainability question will be intimately familiar to him. The question, therefore, is why is he attempting to lead strategy into the Clyde, flute in hand, like some latter-day Pied Piper of Govan?
He seems reluctant to underestimate Celtic but I detect a belief that the hedge funds, not to mention the Easdales, can be shoved around. That is courageous.
Keep up the good work, Dave.
Here we Go for 10 In a Row!
The 10th annual CQN charity golf day is set for Aberdour Golf Club on Friday 4th July. As ever it will be oversubscribed so if you’re interested in attending drop an email to BlantyreKev and Taggsy at cqnopen10IAR@gmx.co.uk as soon as you can.
Cost for the full day’s entertainment including golf is £80. There are a very limited number of non golfer evening places at £45.
Further detail will be released nearer the date and when places confirmed.
Seville – The Celtic Movement:
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Ernie
He didnt seem to know either! He gave me tablets (which dont seem to work)
So as i say im at a loss
Weefra
Is bsr really a doctor?!
The Comfortable Collective
21:29 on 25 March, 2014
Think your cheap bhoying the sales price! Selling 3 of the CQteN dream team plus Matthews > £20m IMO.
Not that I would be wanting to sell mind!
HH
CRC
Stalemate 1-1final whistle, just need to win tomorrow night!
Hoops need a win tomorrow.
Mon the Bhoys.
jinkyredstar cuts it back for neil lennon
21:36 on 25 March, 2014
Yes, me…want to win the league at Paradise….
jinkyredstar cuts it back for Neil Lennon
21:36 on
25 March, 2014
Sorry if I sounded astonished but are there folk who want Aberdeen to win tonight?
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Yep. Those who intend to go to Celtic Park at the weekend will be able to see the league won there.
So, we can win the league tomorrow night. The sooner the better.
Who knows a good City centre pub for a title celebration tomorrow night
2 points needed for the title.
Well, I would rather we clinched the title at home. But I guess a win in the big Glasgow derby isn’t too bad a prospect
”It was a goal as soon as it left Toure’s foot”
How could that be exactly, would all of the ball have crossed the line?
A win tomorrow night and we are Champions, C’mon Celtic!!!!!!
Och, a want tae win at PARADISE….need to look for a ticket noo for tomorrow night noo….
ernie lynch
21:28 on
25 March, 2014
ryecatcher
21:12 on
25 March, 2014
Jimmyquinsbits…
‘Less corporation tax generally means more jobs in a developed economy.’
####
The SNP’s pledge is to have corporation tax 3% lower than the rest of the UK.
Who do you think that message is aimed at?
It’s nonsense on a pogo stick.
Did you have to? ;-)
Derk and Pukki up front the morraw
Too many noos….hahahahaha
Tallybhoy
I thought exactly the same about Moyes. I think he is a good manager. He did tremendously well for Preston and Everton.
67heaven
Understandable but I like winning asap!
Been to some great away wins though – Brockville in 74 being quite notable :-)
Hail hail
jinkyredstar cuts it back for neil lennon
21:36 on 25 March, 2014
Sorry if I sounded astonished but are there folk who want Aberdeen to win tonight?
Guid question, but should one “tonight” too much? Only time I ever wanted them to win was when they played the deidco. Other than that…?
Chris Torey
I read your comments when travelled by the train early morning today. The website is open for all, also for the individuals like you. It’s fluctuating from sublime to the lowest low. You dragged it very down last night. I would normally ignore your lies about Auschwitz but taking into account that for some people this website might be the school I dare to correct your so called facts.
Murdered
Jewish – 1 – 1,3 mln
Polish – 75 000 – 90 000
Romani people – 21 000
Russians (POWs) – 15 000
Others – 15 000
As for gas chambers. They did exist and I saw them. You are trying to be smart guy and come with Frederick Leuchter revelations. If you decide to visit Auschwitz I would be first to make donation for your journey. I remember that gas chambers in Auschwitz are in bad conditions. They are placed outside, walls and bricks are still moisted with chemical substances. Snow and rain have no good impact on them. Maybe you would fancy volunteer job?
gordybhoy64
21:35 on
25 March, 2014
Magnificentseven,
sorry mucker,will have a look back to see if I can find the posts
no worries, as I said, I think it might be DD, got a feeling it is
the spirit of arthur lee
21:42 on 25 March, 2014
Hahahahahahaha
Ole Hamilton Tim hoovering up all those tickets for the bus to Firhill for thrills.
I feel sorry for Moyes – he’s been left a bag o gic
martybhoy59
21:40 on
25 March, 2014
Who knows a good City centre pub for a title celebration tomorrow night
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http://www.tripadvisor.co.uk/Restaurant_Review-g293968-d3216844-Reviews-Irish_pub-Tashkent_Tashkent_Province.html
Hang on – what city are you in…?
SOAL-VG ,I would
Bhoylo
Yip. :-)
Weefra HH supporting Wee Oscar.
67Heaven … I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors
21:39 on
25 March, 2014
jinkyredstar cuts it back for neil lennon
21:36 on 25 March, 2014
Yes, me…want to win the league at Paradise….
ditto
Delighted about the Aberdeen result tonight – win the league in the Glasgow Derby and return on Saturday to Paradise :-)
Hail hail
Pouring rain and wind here on the Gold Coast. Can’t wait to get back to Glasgow for some decent weather.
jackie mac
I feel sorry for Moyes – he’s been left a bag o gic
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Moyes was never good enough for a top job, he was left the champions of England, sure the league was poor last season and Fergie got lucky (but its still pretty poor this year, look at the dross in there).
Man U almost finished with a record points total last season, and Moyes is struggling to finish top 7/8. The points swing is huge.
Magnificentseven,i had a trawl back,it was indeed DD I should be posting to
To those discussing winning the league I would prefer Saturday as I have a few friends up from England for their first game,including a wee 5 year old who is Celtic daft
Personally, I couldn’t care less where we win the league, so long as we win it.
Mastermind McInnes has no game plan for a Dingwall win.
SOAL
Cynic
Bhoylo83 ,
http://www.migrainetrust.org/factsheet-exercise-and-migraine-10714
Parkheadcumsalford
21:49 on
25 March, 2014
Personally, I couldn’t care less where we win the league, so long as we win it.
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Hmmm. Ye think we can do it…?
Remember when you couldn’t get a league decider between the two Glasgow teams?