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.
1,217 Comments- Pages:
- «
- 1
- ...
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- »
Celtic Trust @TheCelticTrust · 43s 43 seconds ago
Lawwell – Guidetti’s agent in next week. Ball in Commons court re his contract. #ticagm
Auldheid
I’ll definitely put to your sheet :-)
Celtic Trust @TheCelticTrust · 46s 47 seconds ago
Lawwell – Gordon on a 3 year contract #ticagm
Celtic Trust @TheCelticTrust · 44s 44 seconds ago
Floor asks what is going to be done about SMSM with regards Amsterdam. Stop buying their products #ticagm
macjay has free speech,
he just doesnt do it to answer questions.
he can mock from the tree all he wants, someday he might answer a direct question with a straight answer.
his target the last few days/nights has been the celtic trust.
you know, them that support the celtic in words and deeds.
lionroars67
12:26 on
21 November, 2014
Celtic Trust @TheCelticTrust · 27s 27 seconds ago
Lawwell – Proposal coming soon on FFP in Scotland. Uefa open to regional leagues #ticagm
==============
Any more on this?
Cheers
Did PL actually say he wanted them back ? ……someone please tell me he didn’t say THAT …… telling us it costs us £10m per season without them doesn’t mean he, or Celtic, want them back…..
http://carljunglebhoy.blog.co.uk/2013/11/27/amsterdamned-travesty-of-justice-17094670/
Ball in Common’s court doesn’t sound too good. Ball was in Sammi’s court this time last year.
And they think It’s all over…….
Celtic Underground@celticrumours·13 secs14 seconds ago
And now time for tea and biscuits ! #ticagm
Mea Culpa…. I have taken to Western Sydney Wanderers…. their fans do the huddle and just remind me of Celtic fans (they even play in Hoops although it’s red and black).
Stupid tackle and his manager should be piling into him for it !!
I once saw the Italian hardman Bergomi get sent off after coming on as a sub for them V Norway after about 30 seconds for clattering a boy and then walking backward and stamping on the poor lad after getting his booking..
Pen Wellington !!
Is there any evidence in the last 3 year accounts that shows that the death of the orcs costs us £10m per year?
traditionalist88
12:31 on
21 November, 2014
Sorry mate only the messenger here
Im sure there will be more expansive reports on the AGM before the day is finished
Celtic Trust @TheCelticTrust · 12s 13 seconds ago
In other news. Cunningham and MacAskill out of justice dept. Not a bad days work. Laters folks
I think the Bio Bus is destined to go down the pan but they will probably keep the lid on it .
Lots of Celtic chat to be had, i am off to do mine in the real world
Enjoy your day CQN
auldheid
12:28 on 21 November, 2014
NO, YOU CANNOT RETIRE NOW ….. !!!!!!!!!!!!!
Rob: I only watch the glory games to keep my father-in-law company. Every week I say the same thing: Perth Glory are the worst footballing team in the league.
They may get results but they play crap football.
Tonight has been hoof the ball stuff all night.
LIVIBHOY
Sadly,some fantastic and underappreciated pubs have disappeared,no matter which town or city.
IIRC Estadio posted a portfolio of them on here a few years back. Just the Glasgow ones,and I’m sure I waited outside all of them wi a wee glass of lemonade and some crisps!
Turning fourteen saved me from hypothermia,IMO…
lionroars67
Thanks for the updates mate..
lionroar67. Doesnt sound promising re Commons weve heard that before with other players who are no longer at Celtic. H.H.
blantyretim is praying for the Knox family
12:34 on
21 November, 2014
No I suspect that revenue’s can be shown to be down by that much on a like for like, and it’s convenient to blame the loss of Rangers.
Cheers minger, didn’t think so…
My friends in Celtic,
A point to ponder :- If and its a big IF the cost of not playing a certain dead club is £10m.
It must be even more imperative for them. Tick Tock.
HH.
lionroars67
12:34 on
21 November, 2014
traditionalist88
12:31 on
21 November, 2014
Sorry mate only the messenger here
Im sure there will be more expansive reports on the AGM before the day is finished
======
Cheers for the updates!
HH
I see quite a few games and the standard is ok. Not seen much of Perth this season so can’t judge them but they do seem a bit one dimensional on today’s evidence.
Thanks for the updates Bhoys!!
Did we win?
Commons although very influential and has been a great signing for Celtic is not the most naturally fit player and at 31 I’d say we’ve only offered a 1 year deal. I’d say he’s looking for 2 years and thats the sticking point
HH
This for me is most surprising statement, and if true, then all the more reason to be prepared for the CL qualifier, which we blatently were not
Question on liquidity p30 of annual report
We have £14m at end June & subsequently sold
FF with £23m to spend
Lawwell – huge challenges in Scottish football no rangers costs 10 m a year.
We are being sensible with forward planning
Lawwell – we are providing for liabilities in next few years & have plans to strengthen to do with challenges in next 3-4 years #ticagm
Re This macjay nonsense, he posts what he likes, people who disagree with him are equally free to post what they like, or as in my case are free to scroll on by. He is no better or worse a Celtic man than any of the rest of us. He posts that “His only concern is Celtic”, most people here are the same. We all still have different views, being motivated by a genuine desire to see Celtic thrive & prosper is very laudable it still doesn’t mean that everything you post is good.
Rob: wonderful achievement by WSW this year (and every year so far). Just goes to show how important it is to get the right manager.
who in the celtic board room won the “where is desmo ” sweep ……..
the winning ticket was
“the kaiser suite, sandy lane”
I think Kris Commons should tell us how many kilo’s he’s lost under the new diet and fitness regime.
Lionsroar67
Cheers for updates:-)
HH
lionroars67 @ 12:34 on 21 November, 2014
Celtic Trust @TheCelticTrust · 12s 13 seconds ago
In other news. Cunningham and MacAskill out of justice dept. Not a bad days work. Laters folks
——————————————————————————————————————
To be replaced by Michael Matheson formerly of St John Bosco’s. That’s a massive step in the right direction. Remains to be seen whether he’ll find a politically expedient way to dump the Offensive Behaviour act.
this is like the live update match blog.
waiting on them coming out for the 2nd half.
It seems to me that we are stockpiling cash, and ignoring the short term state of the team.
Guidetti’s agent is in next week, but are we willing to splash any of this ?
It was indeed. I couldn’t find the game being shown on any channel here so was disappointed to miss the final. Seems like it wasn’t a game for the purists though.