Malky, Craig, redundancies

1217

I got it wrong on Malky MacKay.  In August I wrote, “Malky’s unforgivable sin is not racism, homophobia or anti-Semitism, these matters are often overlooked as ‘banter’, after all.  He’ll not get another job because he blew millions on players who were useless to Cardiff.  That’s the only kind of offence football really tales notice of.”

Then up stepped Dave Whelan, a man who is widely respected in the sports retail and football, largely for not being Mike Ashley, but who has watched his club slip from the Premier League and now sit in a relegation spot in the Championship.

Football is harsh enough without clubs creating their own distractions.  Wigan and Malky are unlikely to prosper.

So Craig Whyte faces up to four weeks in jail if/when he is arrested.  You have to wonder what his police interviews will reveal.  Craig doesn’t strike me as someone to take a fall for anyone.

Redundancies are sometimes necessary for a company losing money and without the resources to pay bills, but Newco Rangers cutting the payroll by 10, none of them from the well paid football department, is pointless tokenism.  Savings made will keep the lights on for only a few days more, so why do it?

I have some sympathy for their new management.  They need to make significant cuts into football costs, but those costs are contracted to the end of the season, or beyond, these cuts are perhaps a gesture towards what’s ahead.

Management have a problem, how do they meet commitments to creditors and protect shareholder value?  No bank has ever extended credit to this club, and I suspect HMRC have them on a short leash.  There will be some trade creditors, but they are likely to be of the face painter variety.  By far the biggest creditor, and therefore most influential after an insolvency event, is Mike Ashley.  He would be in a position to appoint an administrator, and to approve any settlement.

Dave King continues to play an important role, encouraging fans not to support or spend with the club.  I fully endorse his views.

King still thinks he is playing poker but his hand has been called and we all know he’s all out of aces.  His rantings are not part of a coherent plan.  His calls could precipitate the end, but he has no way of transforming this into a new dawn.

Remember to keep an eye on the long-term fundamentals, you cannot operate a large football club with the size of Newco’s infrastructure without regular Champions League income.  Nothing that has happened in the last three years has changed this.

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  1. .

     

     

    WeeFraTheTim..

     

     

    WeeFra l don’t know if you can See Me but l washed Your Invisibility Cloak in Hot water and l think there was a Red Herring in the Wash..

     

     

    But don’t Worry it seems to be Working better that Ever Methinks..

     

     

    Hope you are enjoying being the CQN WeeMuse..;-) and Having for on the Corner..

     

     

    If l am Home for the Semi Final l might again Run The CQN Sammi Shammy Shuttle to the Game as last one was a Blast..Me getting Lifted apart..

     

     

    Hmmm Wonder if the Little Blue three wheelers are Available to Hire..;-) as l could Park it on the Ash..

     

     

    EnyWhooo Talk soon and KTF (Keep The Firm)..

     

     

    Summa of WeeFrasInvisiblePalCSC

     

     

    Ps..If You Bump into Winning Captains ask Him if He wants to Borrow the Invisibility Cloak..lol

  2. jimmynotpaul

     

     

    Why doesn’t that surprise me.

     

    I’ve met her. So my fear, love and admiration are equal in their fulsomeness.

     

     

    Disagree with you on her beau. He is the Brad to her Angelina. I mean, he’s on telly n everything!

     

     

    :-)

     

     

    HH jamesgang

  3. VP

     

     

    I’ll meet you one day!

     

    Till then I’ll squint at every can I see in toon!

     

     

    KeyserSözeCSC

     

     

    HH jamesgang

  4. Magnificentseven on

    Delaneys Dunky

     

     

     

     

    21:14 on

     

     

    20 November, 2014

     

     

     

     

    Dallas

     

     

    I remember that game. Was following us everywhere at that time. Often in misery.

     

    I got off to a bad start in that mental school, it didnae get much better till 5th year. :)

     

     

     

    3rd year before I had my playground spat, not a pie, a ball was the cause, similar result but I got away with it, I looked like the class swot, St Tams was a breeze after that day :-)

  5. Ian Black must be worth a couple of tins of Dulux.

     

    Lee McCulloch could be useful as hardcore for the A9 upgrade.

     

    Super Salary could be considered for a swap deal with a Gregg’s sandwich board.

     

     

    That’s my three.

     

     

    There is value in that team.

  6. Jamesgang.

     

    Brilliant, I was with H.T. at Dingwall but clearly deemed too ugly to be shown beside the lovely Brad.

  7. Scott Brown is one of the great Celtic captains.He will be a future legend.Invaluable to our team.

     

    Best news in ages.

  8. Dallas Dallas where the heck is Dallas on

    Let’s all do the Broonie.

     

     

    Jimmynotpaul, Sam Cooke was crucial to the breakthrough of great soul music in the sixties.

     

     

    A wee bit of trivia about the Cooke & Womack families.

     

     

    After Sam was murdered, his widow married Bobby Womack who played guitar in Sam’s band and became Sam’s daugther, Linda’s, step dad.

     

     

    Years later, Linda ( who resembles her dad) married Bobby’s brother, Cecil.

     

     

    Linda& Cecil had great success with Love Wars & Teardrops.

  9. I didn’t write this …the bloke below did

     

     

    By: Paul Cuddihy on 20 Nov, 2014 20:46

     

     

    CELTIC are delighted to announce that Scott Brown has signed a new extended contract that will keep him at the club for a further four years, until summer 2018.

     

    The midfielder, who is captain for club and country, is an inspirational figure for the Hoops and has led the team to three consecutive league titles. And he’s determined to make it four-in-a-row this season under Ronny Deila.

     

    Scott joined Celtic from Hibernian in May 2007, making his debut for the club against Kilmarnock on August 5, and he has gone on to make nearly 300 appearances for the Hoops, scoring 29 goals.

     

    Speaking exclusively to the official Celtic website, Scott Brown said: “It’s an absolute privilege to extend my contract with Celtic, a brilliant football club and with such incredible supporters. This is a place that I call home.

     

    “Being Celtic captain is a tremendous honour and it is a role which I cherish dearly. The team is in a great place just now and we’re all right behind the manager and the backroom team as they build for the future.

     

    “I will do all I can with the manager and all the players at the club to deliver the success which our supporters deserve.”

  10. jimmynotpaul

     

     

    Ach away. You’re the stunt double the brave handsome one!!!

     

     

    Asked mrs jamesgang – what do you think handsome does for a living?

     

     

    Bouncer?

     

     

    Pmsl !

     

     

    HH jamesgang

  11. VP

     

     

    Hilarious!

     

     

    Sips

     

     

    Only ‘Chuffed to bit’

     

     

    Is that slightly subdued chuffedness?

     

     

    HH jamesgang

  12. Awe Naw

     

    Brilliant analysis of the disaster that is Sevco and an old

     

    thicko like me can understand it.

     

     

    Great news Broony has signed on for another 4 years he

     

    may not be the most talented player but over my 55 years

     

    supporting the bhoy’s i’ve always loved the guy’s who give

     

    their all for the cause and imo Scott does that.

     

    H.H Mick

  13. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Melbourne Mick

     

    21:35 on

     

    20 November, 2014

     

     

    I live 5km away from Offenbach (In a nice place) Offenbach is like down town Istanbul these days. An Offenbach Eintracht game is a Derby to behold

     

     

    HH

  14. delighted to hear Broonie has resigned for four more years. Terrific news and handily timed for big Peter ahead of tomorrow’s agm.

     

     

    just reading through Board’s comments on living wage and particularly irked by their great employer, all employees, even junior ones can receive up to a 20% bonus statement.

     

    Note that Eric Riley’s bonus is 43% and PL’s is 76%.

     

    Doing my sums if THEY were restricted to a 20% bonus on their already pretty fat salaries we’d have the K£500 they claimed this would cost at last year’s agm to fund the living wage additional cost.

     

    Wonder if that will be mentioned tomorrow…..

  15. The Battered Bunnet on

    Picking up from SFTB’s suggestion…

     

     

    I understand Sevco would accept offers in excess of £1M for their brick sh!thouse stalwart…

     

     

    …Ed Miston-House

  16. Jamesgang.

     

    Now that really made me laugh out loud.

     

    Your wife is perceptive. Lol.

     

    Davidopoulos.

     

    It’s nice to know that others on the blog like him.

     

    A change is gonna come, he wrote that after hearing Dylan singing the Times are a changing. He thought that Bob had led the way and it would allow him his protest song to be published.

  17. ....PFayr supports WeeOscar on

    Cynical me thinks the new Broony deal is well timed for the plc

     

     

    Perhaps they expected a fairly eventful AGM

  18. Dallas Dallas where the heck is Dallas on

    Delaney’s, I was in Govan the day of that game but was attending an Otis Redding at St Constantine’s.

     

     

    St Tam’s would have been a bit mental with pupils fae Temple and from Langholm Street.

     

     

    Davidpoulos, what a wonderful world it would be, cliqueing the night away.

  19. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Hopefully Broonie as I suspect is on reduced terms as he is not worth what he is on. An above average player in a poor Celtic team

     

     

    HH

  20. mike in toronto on

    I dont share the enthusiasm about Scott Brown signing a new contract, unless it means that we can get something for him if/when he is transferred.

     

     

    He has a great engine, and will run all day for Celtic .. no doubt. He may be a great guy, and a great teammate (all of which I have heard), but when he plays, he throws off the shape and balance of the team.

     

     

    He isn’t disciplined enough, or doesn’t read the game well enough, to be a pure holding mid. And his ball and passing skills aren’t good enough to be the midfield general we are crying out for. So we end up with a bit of a vacuum in the middle of the park.

     

     

    His energy can work when used on the right of a midfield three…. but we have others that are better suited to a wide right/forward role (e.g., while he may not provide the defensive coverage that SB does, Forrest will chip in with more goals)

     

     

    When he and his pal were at Hibs, I thought they might be the future Scotland midfield, but neither fulfilled the promise they showed.

     

     

    I dont know his salary, but can make a pretty good guess, and just dont think he brings enough to justify that sort of salary. I think we could get more bang for our buck elsewhere.

  21. jamesgang,

     

     

    I never checked before I hit the post button :(

     

     

    I reckon Broonie has been playing his best commanding football of late…I’m over the moon that Celtic have also realised this and got Broonie to put pen to paper. HH checked :))

  22. Delaneys Dunky

     

     

     

     

    20:52 on

     

     

    20 November, 2014

     

     

     

     

    AT

     

     

    You have just reminded me of my first day at St. Tam’s. A guy from Yoker, my neighbouring scheme, snatched my pie from my plate. I ended up at the headmaster’s office, he ended up in the nurses room with a bust nose.

     

    ————————

     

     

    Brought back memories of my 1st year in Sacred Heart, Paisley in the early 70’s. The old unscrewing of the salt dish was a standard prank at the time. Unfortunately ‘Fat Lee’ (3rd year hard man) sat at our table in St. Ninian’s dinner hall that day and put the contents of the salt dish onto his pie.

     

     

    I would love to say that ‘Fat Lee’ saw the funny side of the prank that day……..

  23. Dallas.

     

    Being a Priesthill bhoy, I thought I had seen all the really rough areas like Dormanside etc.

     

    When Melly stayed in Whiteinch he took me to Langholm St for a visit.

     

    What a mental street that was.

  24. I think the quote from the worlds greatest manager is apt for Scott Brown…

     

     

    ‘ Celtic may not have been my first love , but it will be my last’

     

     

    Well done Broonie

  25. reilly1926

     

    21:45 on

     

    20 November, 2014

     

    Delaneys Dunky

     

     

    20:52 on

     

     

    20 November, 2014

     

     

    AT

     

     

    Brought back memories of my 1st year in Sacred Heart, Paisley in the early 70′s. The old unscrewing of the salt dish was a standard prank at the time. Unfortunately ‘Fat Lee’ (3rd year hard man) sat at our table in St. Ninian’s dinner hall that day and put the contents of the salt dish onto his pie.

     

    ———————————

     

    Yir no trying to tell me fat a Lee went to Sacred heart?

  26. By: Paul Cuddihy on 20 Nov, 2014 20:46

     

     

    CELTIC are delighted to announce that Scott Brown has signed a new extended contract that will keep him at the club for a further four years, until summer 2018.

     

    The midfielder, who is captain for club and country, is an inspirational figure for the Hoops and has led the team to three consecutive league titles. And he’s determined to make it four-in-a-row this season under Ronny Deila.

     

    Scott joined Celtic from Hibernian in May 2007, making his debut for the club against Kilmarnock on August 5, and he has gone on to make nearly 300 appearances for the Hoops, scoring 29 goals.

     

    Speaking exclusively to the official Celtic website, Scott Brown said: “It’s an absolute privilege to extend my contract with Celtic, a brilliant football club and with such incredible supporters. This is a place that I call home.

     

    “Being Celtic captain is a tremendous honour and it is a role which I cherish dearly. The team is in a great place just now and we’re all right behind the manager and the backroom team as they build for the future.

     

    “I will do all I can with the manager and all the players at the club to deliver the success which our supporters deserve.”

  27. Dallas

     

     

    Scotstoun, Whiteinch and Partick bhoys were not shy either at St. Bams. Celtic F. C. united us all though. :)

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