Trending
Celtic News Now
Celtic Quick News on News Now
Celtic Quick News
You are at:»»Liverpool v Celtic, Live updates

Liverpool v Celtic, Live updates

1739
By on CQN BLOG & Comments

Live updates will appear below after 17:00.

Click Here for Comments >
Share.

About Author

1,739 Comments
  1. Pages:
  3. 1
  4. ...
  5. 39
  6. 40
  7. 41
  8. 42
  9. 43
  10. 44
  11. 45
  12. 46

  1. stephbhoy on

    celtic were out numbered about 3 to 1 in Dublin stadium, which is not bad considering Scottish football is undesirable in comparison to the EPL. the problem is Irish boys in the south grow up with an EPL team (first) and have a wee soft spot for the hoops. the spfl will never match the EPL, however, the CL dwarfs the ELP and celtic can get exposure to a wider audience via that particular tournament. the CL’s value to celtic far exceeds the prize money.

     

     

    the spfl is poor at the minute cause the english league is given monies from us in Scotland, as tax payers (t.v licence) and subscription to sky sports etc… which is then given directly to the english leagues, while our football is given a fraction of its true value, which impoverishes our league (a double edged sword if you like).

     

     

    If the spfl is serious about making our league better, more desirable it should be looking at far better t.v. highlights, radio deal etc… or developing its own television channel etc… where Scottish football fans can buy Scottish football.

     

     

    I would hazard a guess that about 500k people watch Scottish football, pro to amateur, its our national sport and remains our main passion.

     

     

    a 150k t.v pool at £12 per month is: £21.6 per year

     

    3000 pubs paying £350 per month is12.6 per year

  2. lionroars67 on

    Lord Vegetable ‏@HenrikVegetable 8m

     

    Looking forward to the new book by @chrisgraham76 and @Richwilsport Follow us again we will.The story of how they save the corpse they saved

  3. charles kickham on

    A young sardine saw his first submarine,

     

    He was scared and looked through a peephole.

     

    “Oh come come come” said the sardines mum

     

    “It’s only a tin full of people”

  4. Saint Stivs on

    McCoist offers to take pay cut as Dave King warns over Rangers’ finances

     

     

    Richard Wilson

     

    Sports writer

     

    Sunday 11 August 2013

     

    Ally McCoist says he is willing to take a pay cut if the Rangers board believes it will help to protect the club’s financial future.

     

     

     

    Rangers players clear paper thrown onto the pitch by fans demonstrating during the club??s match with Brechin CityPhotograph: ?�Jamie Simpson

     

    The Ibrox manager made the pledge at the same time as Dave King, the Scottish businessman and former Rangers director based in South Africa, reiterated his grave concerns about the club’s cash flow.

     

     

    Brian Stockbridge, the Ibrox financial director, insisted at a meeting with fans on Thursday that the club’s finances were sound.

     

     

    Stockbridge revealed the accounts will show £10 million in the bank. This includes most of the projected £8m in season-ticket income, as well as £1.5m from commercial partner Sports Direct.

     

     

    This suggests the vast majority of the £22m raised in last December’s Initial Public Offering of shares has been spent, prompting growing concerns at the amount of cash that has left Ibrox in the past eight months.

     

     

    This includes the salaries of the management team, who all remain on the wages they were paid – as with other existing staff – before administration. McCoist is believed to earn in the region of £700,000, but now says he is prepared to take a cut if it is required to protect the club.

     

     

    “Have I been asked to take a pay cut? No. Would I be prepared to do so? Yes,” McCoist said. “Brian said the club is all right in the respect it’s not losing money every month. Some months it is making money.

     

     

    “I would be very hopeful we are not haemorrhaging money and going down the same road as we did before. It would concern me greatly if there was a chance [administration] could happen.”

     

     

    King was a lone voice last year when he insisted that Rangers Football Club plc would be liquidated, which is what eventually happened.

     

     

    He has closely monitored developments at Ibrox since the consortium fronted by Charles Green bought the business and assets last summer before floating Rangers International Football Club last December on the Alternative Investment Market (Aim).

     

     

    King is one of several wealthy Rangers supporters approached in recent weeks by a London broker claiming to be able to sell 6.4m shares, with an asking price of 50p. King believes that a more true reflection of their worth, taking into account the club’s financial position, is a net asset value closer to 25p.

     

     

    He would like to lead a group of fan investors who will provide funds for the club in return for new shares being issued, which would dilute the stock held by the current shareholders but provide fresh capital.

     

     

    “I believe Rangers will run out of cash within six months,” King said in an interview with the Sunday Herald.

     

     

    “They have the season-ticket sales to bail them out for a few months, but they can’t make Christmas without new cash … and who will supply that? Fan investors.

     

     

    “I see no other source when the cash runs out. We don’t need ‘Administration 2’. I believe that [Walter Smith’s departure as chairman last Monday] is an early signal we are heading towards the next crisis.

     

     

    “It seems that the ‘original’ shareholders [the consortium fronted by Green] will not make their shareholding available other than at a substantial profit.

     

     

    “That goes against my desire to get new funding into the club rather than to reward investors who got shares on the cheap and want to exit after running up massive losses and creating another looming financial crisis.

     

     

    “We need a changing of the guard at the shareholding level in favour of people whom the fans would regard as a safe pair of hands but that can also fund the structural deficit in the funding plan. I would like to lead such a group.”

     

     

    King has long maintained that Green’s business plan would eventually require additional funding. He believed this would occur when Rangers returned to the top flight, since Green’s intention was to run the club at minimal cost. However, the operating expenses and costs associated with the IPO appear to have eroded Rangers’ cash balance.

     

     

    This prompted a group of shareholders, including the major financial institutions which took stock holdings last December, to requisition a general meeting calling for Stockbridge, the chief executive Craig Mather and the non-executive director Bryan Smart to be removed from the board and replaced by Paul Murray, the former Rangers director, and Frank Blin, the former executive chairman of PricewaterhouseCoopers.

     

     

    They are backed by Jim McColl, the leading Scottish businessman whose stature, experience and business contacts would be utilised in the rebuilding of Rangers.

     

     

    Their intention is to stabilise the club, deliver a business plan that allays the concerns of the financial institutions, and so be able to seek the additional funding that Rangers require.

     

     

    They also want to repair a board, described as dysfunctional by Smith, that forced Green to stand down last May, invited him back last week as a consultant and has now pledged to meet again this week to discuss sacking him again following a furious reaction among fans.

     

     

    King believes the fixation on personalities diverts attention from the critical issue, which is the need for additional investment, with the football infrastructure in particular needing funded.

     

     

    “Based on the club’s massive ­revenues compared to its opposition in the lower leagues, we should be repaying the fans’ loyalty by building reserves for the re-emergence into the top flight when a significant cash injection will be required to compete with Celtic,” King said.

     

     

    “The ­opposite is happening. Celtic are building reserves by selling top players that they won’t need until Rangers are back competing with them. The way our finances are being run we could end up with a gap that is too large to bridge.”

     

     

    If appointed to the board, Blin would instigate a forensic investigation of the club’s transactions, in particular the costs associated with the IPO and commercial deals.

     

     

    Alistair Johnston, the former Rangers chairman, said last week that Smith had told him “you’ll be astonished at what’s going on with regards to share transfers”.

     

     

    The wage bill remains the second highest in Scotland, but McCoist is adamant he is acting within the boundaries set by the board.

     

     

    “The wages are down again this year,” said McCoist, who only attends the section of board meetings on football matters. “It’s the board’s job to keep an eye on the finances. If someone said to me, ‘your wage bill is too high or your staff is too high’, then I can do something about it.

     

     

    “[The comments of King and Johnston] have to be a concern. I definitely have a healthy respect for those two gentlemen, not just in the business sense but as Rangers men. They have voices that should be listened to.”

  5. desertbhoy on

    Have to be well down the road in negotiations for Alfie.. On recent performance medical takes days, we haven’t got.

  9. ASonOfDan on

    What happened to the naming rights of ibrox? I assume no-one wanted their name attached to a death trap…

  10. Saint Stivs on

    Stockbridge revealed the accounts will show £10 million in the bank. This includes most of the projected £8m in season-ticket income, as well as £1.5m from commercial partner Sports Direct.

     

     

    —————

     

     

    projected £8m in season ticket income.

     

    so its not all in the bank yet, and probably is pay up instalments like a lot of season book offerings. let ponder that , say 15,000 or so, are pay up instalments, and at £300 a book.

     

    that £4.5m . lets say instalment 1 at £100 is in, but £200 is still to be paid, thats £3m they are waiting on.

     

     

    cash flow crisis, keeps getting whispered.

     

     

    fag packet calculations is easy to guess that whats really cash in hand is less than £6m.

     

     

    based on last years monthly outgoings, they might make it to halloween.

  13. TroonTim on

    Morning all in CQN land.

     

     

    Front page of the Herald – “Fresh fears over Rangers finances as manager McCoist offers to take a pay cut”.

     

     

    If anyone has shares in Greggs – sell, sell, sell

  14. Monaghan1900 on

    Gordon_J backing Neil Lennon

     

    11:02 on

     

    11 August, 2013

     

    The Sunday Herald’s view on those poor supporters of an impoverished new football club:

     

     

    Fans who deserve better

     

    ——-

     

    So the pestilent hordes deserve better because they bought cheap season tickets?

  15. ASonOfDan on

    Air of unreality as 140 years of history is formally

     

    ended in less than nine minutes

     

    Published on 15 June 2012

     

    Richard Wilson

     

    It was over in nine minutes.

     

    The Rangers creditors drifted in through Exit 50

     

    at Ibrox Stadium just before 10am and by

     

    10.09am they were on their way out. In those few

     

    minutes 140 years of history had been rubbed

     

    out.

     

    Of the few owed money by the club who attended

     

    yesterday morning’s meeting at the Ibrox Suite

     

    most didn’t want to talk, and the few that did

     

    struggled.

     

    “We’re in shock,” admitted debenture holder

     

    Stewart Boal. “The club’s gone. We’ve got to

     

    move on and start again.”

     

    In truth, everyone knew the meeting was a mere

     

    formality after HMRC announced earlier this week

     

    it would reject Charles Green’s terms for a

     

    company voluntary arrangement (CVA).

     

    Few of the 276 creditors, who are owed

     

    somewhere in the region of £134 million and

     

    range from a face painter and magician to the

     

    local newsagent, turned up for the meeting.

     

    Those that did were clearly shocked by the speed

     

    of the club’s end. Asked to sum up his feelings,

     

    as he left Ibrox, Mr Boal said he found the whole

     

    thing “unreal, very, very sad”.

     

    Fellow debenture holder Robert Killen attempted

     

    to look ahead. “It’s a new beginning,” he said.

     

    “We’ll make the best of it, I suppose.” But the

     

    uncertainty in his voice told its own story.

     

    Most of the money from Mr Green and his

     

    backers will now go to the administrators Duff &

     

    Phelps, leaving the rest of the creditors to pursue

     

    what they are owed in whatever way they can.

     

    Did Mr Boal and Mr Killen have faith in Mr Green

     

    and his team? “I don’t know who they are,” said

     

    Mr Killen simply, before the pair wandered off,

     

    still reeling at what they had just sat through.

     

    Inside, it was a sombre affair, but conducted

     

    briskly and curtly, as if dealing with little more

     

    than a minor point of order rather than

     

    confirming that Rangers Football Club plc will

     

    eventually be liquidated.

     

    In a sense, the meeting was a formality. The

     

    precise outcome of the vote on the CVA proposed

     

    by Duff & Phelps was academic, since HMRC had

     

    already indicated its decision to vote against. It

     

    is currently owed £21m out of a £55m debt pile,

     

    and with the holders of 75% of the debt having to

     

    vote in favour for the proposal to pass, there was

     

    no chance of the CVA being approved.

     

    Lawyers queuing up outside chatted like old

     

    friends, and discussed who they were

     

    representing. “I’m here for Ticketus,” said one.

     

    “Are you? I’m here for Palermo,” said another.

     

    They all took notes during proceedings, although

     

    Paul Clark of Duff & Phelps refused to take

     

    questions from the floor because too many

     

    journalists were in the room.

     

    Once HMRC’s formal rejection had been read out,

     

    Mr Clark explained there was £30m represented

     

    in the room, which contained 30 people. When he

     

    asked if any others wished to reject the CVA,

     

    three arms were raised. He then asked for

     

    abstentions, and one hand was raised. Everybody

     

    else voted in favour.

     

    After explaining that the administrators would

     

    remain in charge of the affairs of Rangers

     

    Football Club plc for another six to eight weeks

     

    before BDO, the HMRC-appointed liquidators,

     

    take over, he handed the microphone to a pale

     

    and drawn Mr Green.

     

    After a pause, he said it was time for unity,

     

    “whoever owns the club”, before revealing that

     

    the newco would be called The Rangers Football

     

    Club. Manager Ally McCoist was sitting at the

     

    back, next to the director of football

     

    administration, Andrew Dickson, and his face was

     

    set firmly.

     

    “That then concludes the business of the day,”

     

    said Mr Clark.

  18. Saint Stivs on

    doesnt 14 months seem to have just flown bye.

     

     

    —————–

     

     

    Air of unreality as 140 years of history is formally ended in less than nine minutes

     

    Published on 15 June 2012

     

     

    Richard Wilson

     

     

    It was over in nine minutes.

     

     

    The Rangers creditors drifted in through Exit 50 at Ibrox Stadium just before 10am and by 10.09am they were on their way out. In those few minutes 140 years of history had been rubbed out.

     

     

    Of the few owed money by the club who attended yesterday morning’s meeting at the Ibrox Suite most didn’t want to talk, and the few that did struggled.

     

     

    “We’re in shock,” admitted debenture holder Stewart Boal. “The club’s gone. We’ve got to move on and start again.”

     

     

    In truth, everyone knew the meeting was a mere formality after HMRC announced earlier this week it would reject Charles Green’s terms for a company voluntary arrangement (CVA).

     

     

    Few of the 276 creditors, who are owed somewhere in the region of £134 million and range from a face painter and magician to the local newsagent, turned up for the meeting. Those that did were clearly shocked by the speed of the club’s end. Asked to sum up his feelings, as he left Ibrox, Mr Boal said he found the whole thing “unreal, very, very sad”.

  19. roy croppie on

    ASonOfDan

     

     

    11:16 on 11 August, 2013

     

     

    What happened to the naming rights of ibrox? I assume no-one wanted their name attached to a death trap…

     

     

    Wonga decided to go with Newcastle instead…

  22. Monaghan1900 on

    More confusion, paranoia and misery:

     

     

    “why would ANY of the shareholders want Rangers to go bankrupt or go into Admin? it would destroy there share price!

     

    Because they can extract the same amount if not more from the club before then? Because they’re being paid to kill us off so by a 3rd party enemies? The whole thing stinks.

     

     

    Transparency NOW!!”

     

    ——

     

    “We aren’t in debt supposedly though?”

     

    ——

     

    “I don’t think I could handle admin a second time. Think id crawl into a corner and hide for a decade.”

  23. Tallybhoy on

    New Cumnock, Drongan…?

     

     

    A good friend of mine – a big Tim – hails from Patna!

     

     

    He managed to escape years ago, and now lives in Troon.

     

     

    He’s a retired psychiatric nurse!

     

     

    HH!!

  25. DontPatmadug on

    ASonOfDan

     

    10:55 on

     

    11 August, 2013

     

     

    Guidis readership do not want to read anything positive about Celtic.

     

     

    Mark knows where his bread is buttered. That coupled with the fact

     

    he is a buffoon define him.

  31. jungle jam67 on

    summa of sammi….

     

     

    11:46 on 11 August, 2013

     

    .

     

     

    News conference at Ibrox at 11:55

     

     

    Ally gone..?

     

     

    ——————————-

     

    noooooooooo

     

    stakebake must stay

     

     

    jam67

  32. charles kickham on

    Summa of Sammi….

     

     

    11:46 on 11 August, 2013

     

     

    with their creativity with figures I would have thought they would round it up to noon

  34. Dontbrattbakkinanger on

    Maybe Chas is walkin’ the ole plank; I expect he’ll have a suitcase formed with readies on him when he goes.

  35. Kayal33 on

    Alex O’Henley ‏@OHenleyAlex 50m

     

    #Celtic working hard to bring in another striker who I believe to be Alfred Finnbogason. Set to test Herenveen’s resolve with a £3.5m bid.

  38. Tallybhoy on

    News conference at the Victorian toilet?

     

     

    They’ve found another billionaire!

     

     

    HH!!

  40. Dontbrattbakkinanger on

    The Conference is to announce that Mr Creosote has won this year’s Nobel Prize for Economics.

  1. Pages:
  3. 1
  4. ...
  5. 39
  6. 40
  7. 41
  8. 42
  9. 43
  10. 44
  11. 45
  12. 46