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:
[calameo code=0003901710a55b5798f06 lang=en page=48 hidelinks=1 width=100% height=500]
827 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- ...
- 22
- »
HT
Parents’ evenings are rubbish for all concerned. Time to liven them up
StickOnYarJammiesCSC
HH jamesgang
Good evening friends.
Tonight’s Yankee – Aberdeen, St Mirren, Everton and Man Utd
Aye Stein. Agreed. Fed up with it also. How come you can’t vote?
Steinreigned
“I don’t have a vote”
Aw naw! What are you doing porridge for this time? ;)
Evening CQNers.
Aberdeen will drop points tonight. Celtic will win the league tomorrow.
Geordie Munro 18:16 on 25 March, 2014
“I don’t have a vote”
Aw naw! What are you doing porridge for this time? ;)
Trying to read books…
The Government don’t like that sort of thing.
SFTB@Owned-By-Chris-Torey
So,The Football League Block Italian Businessman,Massimo Cellini,From Taking Ownership Of Leeds Utd,Because He Was Not Thought To Be A ‘Fit & Proper’ Person…
Because He Had Been Found Guilty Of Tax Invasion In 2012….
Having Failed To Pay €388,500 Import Duty On His Yacht,’Nellie’…..
Hmmm….Seems Pretty Small Potatos Compared To Dave King’s Alleged Tax Irregularities In South Africa…..
A Struggling Third-World Nation….
Perhaps Massimo Would Have Better Luck If He Tried To Buy The DeidHuns Instead….?
I’m Sure Campbell Ogillvie Would Eminently Amenable….
Perhaps Giovanni Di Stefano…..
Major Rangers Shareholder And Philanthropist…..
Could Offer His Legal Services To Help Finesse The Deal..?
[ Isn’t He Currently In Bar-L…? (Might Be Wrang!).. Ed]
~~~~
http://www.theguardian.com/football/2014/mar/18/massimo-cellino-leeds-united-takeover-tax-evasion-guilty
Vaya Con Dios !
Steinreigned
I can only imagine what kinda books. Lol
To win the league Celtic need 4 more points. Or they need Aberdeen to drop 4 points. Or a combination of the above that adds up to 4.
Hoping it’s Saturday myself as this gives me the perfect excuse for a (ahem) day oot!
John O’Neil 18:15 on 25 March, 2014
“Aye Stein. Agreed. Fed up with it also. How come you can’t vote?”
I don’t live in Scotland and I’m not likely to move back. Been away too long.
Geordie Munro 18:22 on 25 March, 2014
Those charges were dropped…
Big thumbs up to Untd fans
http://www.thecourier.co.uk/sport/football/dundee-united/job-done-dundee-united-fans-answer-chairman-s-call-to-snap-up-ibrox-tickets-1.286549
HH
Even if the referendum result is ‘Yes’, it will be followed by years of wrangling about how to split control of things between Edinburgh and London. A referendum result of ‘Yes’ is merely a desire for Scotland to be independent, it does not guarantee it will ever happen
While since I’ve looked in.
This is a sorry blog now.
Ron ….more coke and slice ….. :) braw
myboysnowatim
18:30 on
25 March, 2014
While since I’ve looked in.
This is a sorry blog now.????
…………….
then get posting laddie ……….braw
Chick – “Rangers have always been a club who have gone out and bought players other clubs couldn’t afford.”
Em, no. Rangers WERE a club who bought players THEY couldn’t afford!
How he ‘singing’ one and the one from Vegas is still tolerated and allowed to post saddens me.
Hell I’d welcome back Cultsboy in a shot compared to those arses/arse.
What happened to cultsbhoy like?
Mrs Gall went to Firhill today & got 1 parent & 1 child ticket for tomorrow, for the main stand. She was asked Celtic End or Thistle end & said Thistle end cos she thought it was s test..,.
Shes no daft ye know
Geordie Munro
18:39 on
25 March, 2014
What happened to cultsbhoy like?
……………..
probably be too obvious thinking he joined a cult … :) braw
Burnley78
You didn’t fly via Amsterdam on that trip by any chance?
LB
I would love to say that these were my three favourite words,but they are my brother Geralds…..3 braw words that have made me laugh since I knew them ….any time I am no sae braw I think on these 3 wee words ….aye …Beef ,Sand and Bollocks……
awfy braw …..
I see that there is some kind of big vote coming up over there, I sure hope you use “Voter ID”……..
——————————————————————————–
Subject: Fwd: Voter ID
Ever wonder why voter ID is necessary?
Wonder why NC now requires voter ID?
In 59 voting districts in the Philadelphia region, Obama received 100% of the votes with not even a single vote recorded for Romney. (A mathematical and statistical impossibility).
In 21 districts in Wood County, Ohio, Obama received 100% of the votes where GOP inspectors were illegally removed from their polling locations – and not one single vote was recorded for Romney. (Another statistical impossibility).
In Wood County, Ohio, 106,258 voted in a county with only 98,213 eligible voters.
In St. Lucie County, FL, there were 175,574 registered eligible voters, but 247,713 votes were cast.
The National SEAL Museum, a polling location in St. Lucie County, FL had a 158% voter turnout.
Palm Beach County, FL had a 141% voter turnout.
In one Ohio County, Obama won by 108% of the total number of eligible voters.
NOTE: Obama won in every state that did not require a Photo ID and lost in every state that did require a Photo ID in order to vote. Imagine that!
ARE WE THE DUMBEST NATION ON THE PLANET OR WHAT????
Guys no idea if he’s still on the go (old history) but the fact that those two are still tolerated on here is staggering.
Aah the old transfer war chest line just got rolled out on BBC Scotland.
These dicks never learn.
Enjoy yersels.
myboysnowatim –
you should post more often.
Jobo
Where?
‘You would be forgiven for thinking Honest Dave King is a bit preoccupied by the C word.’
Two thoughts on that – one, that it’s ‘c’ for comedy and it being the Glasgow Comedy Festival then Dangerous Dave’s getting his act in.
And two, that the ‘c’ word will be the favoured prefix to his name on FollowFollow as soon as he’s pumped the Penny Dreadful loyal for all their fiddled buroo money once more.
Weeman67.
I recommend snopes to debunk any nonsense emails. It’s free to use.
http://www.snopes.com/politics/ballot/2012fraud.asp
John O’Neil
18:02 on 25 March, 2014
‘If Catholics are under such threat from a yes vote, why was the Catholic Church so friendly, up until the gay ‘marriage’ issue, with the SNP?’
###
Because Salmond appealed to O’Brien’s (remember him?) vanity.
A large vulture called Gandalf has disappeared in Central Scotland. Does anyone know where a vulture would circle in the central belt?
With our manager openly answering questions and inviting job opportunities down south,i don’t think we will be seeing posters being berated when speculating on the manager’s position or replacements.
Looking at booking a holiday,can any bhoys down south let me know when the schools stop for summer holidays,thanks.
Ernie Lynch
Great chatting with you last night and enlightening too. Hope you are well today. :-))
Weefra HH supporting Wee Oscar.
Frantic07
I saw a huge bird fly west in the slateford area of Edinburgh on Sunday. I thought it might be an eagle or something.
Said to the wife about it and she looked at me like I was daft!
LB