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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Quickdraw
12:43 on
21 November, 2014
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.
————-
whit,
whit,
whit ?
u sure ?
is he a kafflik, in the snp,
whit,
how did that happen.
its a kid on, he wont have any real say.
michael eh, thats no his real name.
they are trying to kid on now, its a sham……………
3
Stivs
has ernie stole your log in ? 8)
That doesn’t mean much as frank mulhulland continues to tell us the ob is a great thing..
lol
bt, i am home this passed 2 weeks, its been torture, i dont know how you cope with being laid up so long,
all i have is the blog to torment people,
Stivs
blinking 3 months now, ,o ((
Hope to be back before Christmas just in time for 2 weeks holiday…
Oh and 5usa shows a western every afternoon. ..8))
CQN Magazine@CQNMagazine·25 mins25 minutes ago
Full Celtic FC Statement on Resolution 12 is available to read at http://www.facebook.com/cqnmagazine
.
Re; MacJay aka.. The Living Sage..
Never met a More Sincere Celtic Supporter.. Dodgy Tartan Scargs apart..
He is Evidently a Celtic Fanatic..
But..
What I don’t get is.. If All he is Corcermed of is Celtic ..
Why Disnae he Get a Taxi up Tae Yon SydneyTims Hoose some Night and Lamp the Fecker..
Ps.. I have Met Him as Well and he is a Big (4 feet 11 Inch) Celtic Supporter..
Summa of CelticFansCSC
traditionalist88
12:40 on 21 November, 2014
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
Nail on head there – player and his partner very keen to stay but need more than one year.
Glasgowdave
you heading to the swally in the valley?
glasgowdave
12:44 on 21 November, 2014
No, just looking after our long term financial future….without the zombified current bhuns
BT,
i watched some 70’s spy film other day , michael caine and the big nose guy from streets of san francisco.
helsinkin and russia,
cant remember it, but i was engrossed, killed a few hours.
Robcfc11 @ 12:21
I seem to remember a certain Nigel Pepper getting sent off for Aberdeen very shortly after coming on for his debut in ,maybe, early 2000’s. Whatever you do, DO NOT check the google images if you search for him.
glasgowdave
12:51 on 21 November, 2014
Just read it …… Good progress, when legal restrictions are taken into account
winning captains
12:53 on
21 November, 2014
traditionalist88
12:40 on 21 November, 2014
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
Nail on head there – player and his partner very keen to stay but need more than one year.
=============
Yeah, tough one all round – maybe he will decide to sign given how settled they are.
HH
An tearmann.
You said
Sorry mate your garglin marbles.Your posts are defining you as a sectarian bigot the more you silage spread about Scotland being institutionally sectarian
Hence you are calling me a bigot. I have given you evidence of why I believe scotland is sectarian. You have given me no answer as to why that makes me a bigot?
ENNISBHOY
Red rag to a bull,that-and I do see yer point.
And a few other things,many of which I wish I hadn’t!
Some of them remind me of a financial wizard who cast a spell upon a former rival of our club and turned them into the undead.
Scary stuff. Thanks for the warning!
(time to phone WEEFRATHETIM)
Rob: By the way, couldn’t you have kept Hersi?
How he gets game time I really don’t know.
Every time the ball comes to him, end of the move.
He gave a good cross right at the start tonight which led to an accidental goal but he nothing else. Yet, every time, he is in the first 11. I don’t get it.
Mind you, the other 10 are pretty crap too.
Good afternoon friends.
What is Peter’s agenda here .. Why can’t he just state lack of competition, and give no mention to any team playing out of Ibrox ?
At the Presser.
Chris McLaughlin@BBCchrismclaug·2 mins2 minutes ago
Peter Lawwell reiterates the point that no #Rangers in top league costs them around £10m a year. #Celtic
Rangers cost us 10m a year. Pure unadulterated fantasy.
PL is lying.
No discussion on his bonus.
No learning lessons.
Complacent and arrogant and hankering for our return for us to the back of the bus.
Res12 they have mired in bureaucracy. And honest they are working behind the scenes. Yeah right.
People not turning up purely down to lack of competition.magain complacent and lazy.migmoresncrap team performances.
Bassa stood me up!
.
MON..WGS and Lenny were happy with a One Year Rolling Contract..
And on a Day when we are Discusing Celtic Servants fighting for a HOURLY Wage..
Anyone Demanding a Two Year contract from Celtic FC can go and Florish in the Championship with Hooper.. Lol
Summa
Michael Mathieson and Frank Mullholland…..tims a tell ye .tims everywhere ..the place is full athim…secterian Scotland bigoted tae the core….
Afternoon bhoys
Im doing Movember for Downs & Proud this year so if anyone fancies donating to me please do so at the following link :-)
https://www.justgiving.com/Tommy-Melly/
Cheers for reading (and hopefully a wee donation)
HH
BGX can you even engage in debate or do you run away when it gets too hard?
Neganon2
Dearie me…..you are the liar…..youRe kidding yourself on…….utters tosh and liable
Tomthetim –
Very well said.
The abuse meted out to Macjay – a veteran of CQN with whom I seldom agree politically – is nothing short of disgraceful.
He believes that Celtic plc should not be coerced into implementing the Living Wage by external forces.
Again I disagree with his view, but he is entitled to hold his own opinion without the level of personal vitriol that has come his way, and over the course of at least two days.
A good number of posters, like Hamilton Tim to name but one, have engaged with Macjay in a reasonable and civilised way while pointing out the error of his viewpoint.
Others have gone too far and have behaved abominably towards a fellow Celtic supporter of many years standing.
It even got to the stage were another CQN veteran decided to break off his long-running personal friendship with Macjay . . . over a difference of opinion?
Sad. Very sad.
67 heaven what exactly am I lying about?
Tom,
are shareholders in the company external forces ?
I never made it today, but by reading the twitter feeds, i would think that the Board will be pleasently surprised at the smooth ride they got.
Like Neganon, I would have expected questions on PL’s bonus (maybe next year, which will reflect this years CL non qualifier ?)
And also, why our preperation was so shambolic ?
On footballing matters . I’m really looking forward to the game tomorrow, It’s been a while.
HH
Tom so far today I have been called a bigot and now a liar.
No substance to either claim but there you go.
NEGANON2
The £10m is very difficult to quantify. TV revenues,ST sales,merchandise and European income make up the vast bulk of our revenue.
TV-minimal loss as is our income from this source.
ST sales-not sure. I loved playing them and beating them. We all did. But I genuinely do not know one season ticket holder who wrapped it because we wurnae playing the huns.
Merchandise-worldwide,losing out because our product on the pitch is second-rate. Whose fault is that? Gunned in Europe on a regular basis. Locally,it should still be strong. And that is our core market.
European income-see above. Downsizing has not worked. Penny-pinching and useless speculation has cost us millions while trying to shave a quid here and there.
Overall,we have a board who are pennywise and pound foolish. I expect that next year when the huns get promoted we will be told that it cost us a fortune to keep up with them.
Whereas,from what we have been repeatedly told,their return should reap us a £10m dividend.
Tom McLaughlin:
Who was this poster that broke of a long standing friendship?
#neganon – you and those like you do not understand the business – you could not run a burger van. Peter Lawwell is a great asset to CFC – you would chase him away and replace him with whom? Matt McGlone & Janette Findlay – crazy
Saint Stivs –
Read my post again. It wasn’t my words.
I wonder what Baron Livingston of Parkhead would say to Mr Bankier ?
Phil MacGiollaBhain@Pmacgiollabhain·4 mins4 minutes ago
Bankier now blaming the government for this Living Wage issue