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. “Celtic Trust @TheCelticTrust · 36s 36 seconds ago

     

    Res 4 re-election of Brian Wilson #ticagm”

     

     

     

    God only knows….:)

  2. neganon,

     

     

    its not sarcasm, it salient points.

     

     

    not one of my very large expended family has told me lately they aint working , or not getting benefits, or being arrested because they are a celtic supporting , catholic , descendent of irish people.

     

     

    my nephew did have to pay a spot fine for drinking in the streets of greenock, with his mates while indulging in some loud sing song.

     

     

    he deserved it, he wasnt wearing a celtic tap, and they didnt know he was irish ish till they took his name.

     

     

    i dont recognise this sectarian society you claim. its not where i live.

     

     

    there are bigots, for sure, there are bad polis and corrupt politicians, there are even nasty blue meanines that would like to shut me up for being an uppity tim.

     

     

    but hey ho, i think we are winning the long-game.

     

     

    their grandchildren wil be celtic supporters.

     

     

    in an independent scotland

     

     

    or in a united ireland.

     

     

    i aint feart, change will come

  3. Snake.

     

     

    Now that is a rant. Living in a democracy means you need to put up with stuff you don’t like.

     

     

    Plus de change.

  4. St stivis I’m glad you and your family haven’t been a victim. What would you say to the many families who have been subject to dawn raids etc?

  5. NegAnon2

     

    11:22 on

     

    21 November, 2014

     

    St stivis perhaps I haven’t been arrested because I am scared to bless myself in public……..,

     

     

    —————

     

     

    wow, that scared.

  6. Read back about the last 10 pages. Wish I hadn’t. Delighted Brooney signed. Congrats to PL on that one. Lets see what if anything the AGM throws up.

  7. Nye Bevans’ rebel soldier @ 10.42hrs.

     

     

    “Genuine question : was it the same stewards for the two international games at CP.

     

    _________________________________________________________________

     

     

    Yes,I know someone who is a supervisor at CP”

     

    ———————————————–

     

     

    Many thanks for your reply, now that does raise more questions. If wonder if their instructions were identical.

     

     

    Would and should they treat the Tartan Army differently from the Celtic support.

     

     

    Naw, that wouldn’t be right, would it?

     

     

    HH to you.

     

     

    PS : I see the leader of Glasgow City Council stating this morning that incentives would be put in place for all who pay the Living Wage. Now that will appeal to our custodians to do the right thing.

  8. Neg Anon2

     

     

    The point is all of those things I listed we DIDN’T need to put up with if we had voted YES.

     

     

    Those things are coming because 55% of people in Scotland stupidly chose to remain part of the madness

  9. NegAnon2

     

    11:25 on

     

    21 November, 2014

     

    St stivis I’m glad you and your family haven’t been a victim. What would you say to the many families who have been subject to dawn raids etc?

     

     

    ——————-

     

     

    i would say hey you are are victims of a bad law.

     

    you have my support to change that law, lets go fight back.

  10. NegAnon2

     

    11:16 on

     

    21 November, 2014

     

     

    I think you do know. For 2 reasons:

     

    1) you are not doing it as an action towards opposing fans;

     

    2) I suspect there have been thousands if not tens of thousands of people bless themselves at football games since the OBA was introduced, none of whom have been arrested for doing so.

     

     

    Another ridiculous example where you might fall foul. You’re going to the football with the Six Nations on the radio. The Irish national anthem is played, and the sounds waft out your window. Plod pulls you over. At best you’re inconvenienced. The presumption here is that because there’s a Celtic game on and that song is coming out your car you’re at the wind-up. Anti-Celtic, not anti-Catholic.

     

     

    It’s a stupid law that needs binned.

  11. Celtic Trust @TheCelticTrust · 30s 30 seconds ago

     

    Res 12 Living Wage

     

     

    Celtic Trust @TheCelticTrust · 1m 1 minute ago

     

    SLO has been an important step forward, Trust agrees to adjournment #ticagm

     

     

    Celtic Trust @TheCelticTrust · 3m 3 minutes ago

     

    Trust Chair Joe Di Paola speaks

     

     

    Celtic Trust @TheCelticTrust · 3m 3 minutes ago

     

    Board recommends res 11 be adjourned #ticagm

     

     

    Celtic Trust @TheCelticTrust · 4m 4 minutes ago

     

    Board welcomes proposals of Celtic Trust and reviews will be implemented #ticagm

  12. Corkcelt,

     

     

    What’s this about broony?? Genuine question.

     

     

    I’ve only been able to dip in and out today and there’s too much pash to make me scroll back

     

     

    HH

  13. Celtic Trust @TheCelticTrust · 19s 20 seconds ago

     

    Chair reiterates £7,85. Ph . Jeanette Findlay takes the floor #ticagm

  14. Celtic Trust

     

    ‏@TheCelticTrust

     

    Chair reiterates £7,85. Ph . Jeanette Findlay takes the floor #ticagm

  15. Weeminger

     

     

    I’ve spoken to a Catholic priest who last year managed to get a sit down with Cunningham re the OBA. He told her that during any minute’s silence at a football game it his habit to close his eyes, recite de profundis and bless himself at the end.

     

     

    He asked if under this legislation he risked arrest.

     

     

    The answer was yes, if it was ‘deemed’ to be offensive.

  16. well done the celtic supporters and the trust who cared enough to become mobilesed and vocalised on the living wage subject.

     

     

    no mandate required , your true celts in the spirit of walfrid.

  17. Celtic Trust @TheCelticTrust · 34s 35 seconds ago

     

    JF – We would like LW to be paid to ALL employees #ticagm

  18. 67Heaven ... I am Neil Lennon ....The angels are with Wee Oscar in Heaven.. Ibrox belongs to the creditors on

    sydneytim

     

     

    10:52 on 21 November, 2014

     

     

    Dooooooohhhhhhh…..

  19. Celtic Trust @TheCelticTrust · 31s 32 seconds ago

     

    JF – Top table looks a lot more comfortable this year we welcome that #ticagm

  20. notthebus

     

    11:30 on

     

    21 November, 2014

     

    Jannette Findlay takes the mix.

     

     

    scratches the decks, and goes into a “celtic rap”

     

     

    yo mister chair, over there,

     

    with your big bonus

     

    you dont care

     

     

    about a living wage,

     

     

    give me a yo …………….

  21. Celtic Trust @TheCelticTrust · 5s 5 seconds ago

     

    JF – Many big companies have signed up to be accredited LW employer.

  22. Sooooooooo…

     

     

    Celtic plan to pay permanent staff an hourly rate of £7.85.

     

     

    Hearts plan to pay the living wage, which in Edinburgh is £7.50 (?)

     

     

    How evil are that Hearts board; condemning their staff to the shackles of the Living Wage. Miserly…

  23. Celtic Trust @TheCelticTrust · 49s 49 seconds ago

     

    JF- I stand here with 10,000 signatures to become an accredited LW employer #ticagm

  24. Hamiltontim

     

    11:31 on

     

    21 November, 2014

     

    Weeminger

     

     

    I’ve spoken to a Catholic priest who last year managed to get a sit down with Cunningham re the OBA. He told her that during any minute’s silence at a football game it his habit to close his eyes, recite de profundis and bless himself at the end.

     

     

    He asked if under this legislation he risked arrest.

     

     

    The answer was yes, if it was ‘deemed’ to be offensive.

     

     

     

    ———————–

     

     

    thus denying the mans right to practice his religion.

     

     

    i think that would be a great court case.

     

     

    even donald findlay could get him off.

  25. Celtic Trust @TheCelticTrust · 40s 41 seconds ago

     

    JF – Plaque outside should say Celtic Football Club, Accredited Living Wage Employer.

  26. Is i just me or is anybody else fked off with this living wage pash???

     

     

    Can Celtic not just pay more and NOT sign up for it??

     

     

    Oh look at me…I’ve signed up. Woopty doo.

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