Marching Newco into the Sea one insolvency at a time

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‘Starve your club of money until I get what I want’ is just about the measure of Glib and Shameless’ statement yesterday.  No one at the SFA, SPFL, the Glasgow City Council, the Co-op/Vatican Bank or Celtic could do as much damage to the Fledgling Rangers as Dave King’s pronouncement.

These people have taken so many wrong turns in this episode it is like they are being operated by a compulsive Karmic puppeteer.  There is a time for withholding ticket sales, Celtic fans did it 20 years ago next month, but Celtic fans had a plan, grassroots support, investors on hand, unencumbered by Fit and Proper concerns, or the law against directors of a liquidated business working in a company using the same or similar name.

Most importantly the Celtic ‘old board’ included some, like Kevin Kelly, who was committed to change, while even the hold-outs were died-in-the-wool Celtic men, if clearly misguided.  None of the decision makers would ever consider razing the stadium.

Fledgling Rangers are at the mercy of hedge funds, some spivs and a couple of ‘Rangers’ men, who must be increasingly frustrated at the attempts of others to usurp what they legitimately bought and paid for.

Before stepping off the ledge – and make no mistake, stopping fans from buying season tickets is the only way to kill not just a club, but any successor clubs – you need to be sure you are in a position to cut a deal, and that you have the cash to make it all possible.  If you don’t have a watertight plan, you are working towards the end of your football club and its dilapidated remains.

I would be utterly amazed if the Easdales or Laxey Partners submit to this Glib and Shameless series of demands.  If they do, I have seriously misread them.

King was on the oldco board when they walked slowly to the gallows, all for the want of the kind of money he now says is needed to make Newco competitive with Celtic.  His chance to bang the populist drum and raise some cash was in the years before the club, stadium, stock and bike were sold for a combined total of £1.

It makes you wonder if there is a plan to march the entire club, and all its symbolism, into the sea, before picking up the driftwood after another liquidation.  For a fan of the club that would be horrendous, but think of the rich pickings available to whoever can grab the assets.

This is high stakes poker, but those forcing the issue don’t have any skin in the game.  Even if the whole thing is washed away in the storms, they will avoid most of the blame.

Delighted to read Fergus McCann on the club site this morning:

“I am very proud when I see Celtic’s progress, its status in Scotland, and its worldwide reputation. Especially when I see the great work of Celtic FC Foundation carrying on the legacy of Brother Walfrid.”

Despite the perspective that the events of 2012 gave us I still meet people who just don’t get what he did for Celtic.  No football fan is under any obligation to worry about their club’s finances but the man at the top is, and when our top man wore a bunnet, our transformation was outstanding.

There is a little over two weeks to go before the CQteN St Patrick’s Night Dinner on Friday, 14 March, at the Kerrydale Suite, Celtic Park.  The beneficiary of  the night will be Kholoni Primary School, Malawi, where we will fund Mary’s Meals to build a kitchen for 1200 kids who currently don’t have meal facilities.

We have received some incredible assistance already (more on what happened in Germany and Belgium when I get the next stage of the development ready), but you can get involved by ordering a personalised beanie hat, with your name on one side and CQN on the other.

Hats cost £15 each and if you order before 7 March you can collect yours at the CQteN Dinner.  If you’re not attending the dinner (and why not?) the £15 will cover postage and packaging.  If you ordered a Virtual Ticket, you’re personalised hat is part of your package.  All profits go to the school kitchen.

Take a look at the front and back of the hats.  To order, email hatfrompat@celticquicknews.co.uk with name, whether you are attending CQteN and address if not, and I’ll get your message to Pat.

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835 Comments

  1. Hamiltontim is praying for Oscar on

    I don’t think that anyone would say that either Tommy Burns or Paul McStay were without fault, however, to claim that they put personal agenda before the cause of Celtic is scandalous.

  2. BFDJ is clearly a liar.

     

     

    The RFCil players and fans celebrated the policy. They were proud of it.

     

    Even today when they talk about returning the club to their traditions and values, that is what they mean: going back to the Struth era and policies – specifically NO CATHOLICS.

     

     

    It must be a constant source of pain to the zombie hordes to accept the fact that the supremacy of the Murray/Souness era was so signficantly aided by Catholic players.

     

     

    When they play back their DVDs/videos off those days and see Judas scoring (in particular) do they simply wipe a tear from their eye or mutter under their breath how much it pains them to see a Roman Catholic wearing the ‘royal blue’ ?

     

     

    BFDJ: you not only knew about the policy and endorsed it, you celebrated it.

     

    You could hardly avoid it, at every game the ugly hordes sang songs about it.

  3. Jude,

     

    There is not a no signing policy at Sevco.

     

    There was at Rangers when BFDJ signed and played for them both times.

     

    Sevco, a new club founded in 2012, have never had a sectarian signing policy as far as I know.

     

     

    EC67

     

     

    DontbegettingyourdeidclubandyournewsevcoclubmixedupCSC

  4. jude2005 is Neil Lennon \o/ on

    TET

     

     

    Good job he made it as a footballer cos as a comedian (as he thinks he is) he wdnt have filled a phone box.

  5. Hamiltontim is praying for Oscar on

    Received my CQN beenie hat this evening so many thanks to Paddybhoy1888.

     

     

    Magic quality and extremely fetching on any discerning Tim!!!

  6. The stuff I read didn’t have David Murray in Switzerland.

     

     

    ” Corsica was able to track him (Green) to Zurich where UEFA and FIFA are not and that CW, DK and Ellis went there as well at same time”

  7. HT.

     

    Paul McStay stayed with our club through some of our worst times.

     

    Why did he do that?

     

    Love of the club.

     

     

    He had opportunities to leave make more money, but he didn’t.

     

    He thought about it, but stayed.

     

    Hero.

     

    To question Tommy Burns love of Celtic is, well strange.

     

    He had an agenda true, the betterment of the club.

  8. Mea Culpa….

     

     

    Think BFDJ was lying when he said he was unaware of their sectarian employment policy,only he will know exactly why he said that.

     

     

    Strangely enough ….have always thought of him as thicker than my auld granny’s ham broth but never thought of him as the archetypal DeadRangers bigot.Might be due to him being from Dundee rather than West of Scotland though.

  9. ryecatcher

     

     

    Wasn’t referring to you, sorry if that is what you took from it.

     

     

    I was referring to the earlier posts about TB and The Maestro. No need to rake such mud at all.

  10. Jude

     

     

    For all he is a first class fud, and no a comedian, at least he calls Lenny by his first name, stupid I know, but he is a footballer, and he at least shows a tad of respect, still a fud tho.

     

     

    HH

  11. Tom molach….

     

     

    You might well be right but my memory puts Minty at the meeting,and maybe even Rizvi?

     

    .

  12. jude2005 is Neil Lennon \o/ on

    Ryecatcher

     

     

    You must have been able to stand the spoon up on its own if it was that thick.

  13. When the SPL originally announced an enquiry into the use of side letters and ebts and a failure to notify the SFA, the original date from which an enquiry was asked to examine was July 1998 when the SPL started.

     

     

    In the event the date to be covered was changed when LNS was commissioned to begin on 23 November 2000.

     

     

    The letter at

     

     

    http://scottishfootballmonitor.wordpress.com/

     

     

    explains why and asks SPFL lawyers to look at the evidence supplied and advise the SPFL on the implications of the earlier date for the whole LNS Commission (and it does have them).

     

     

    The letter and evidence went to Harper Macleod and was copied to the SPFL CEO and SPFL Board members. It went last Thursday but on Sunday a Denial of Service attack on TSFM rendered the site all but unusable. Fortunately the old site was still available and the article which is only about restoring honesty to our game has now been publish as was indicated in the letter to SPFL lawyers.

     

     

    The chances are still that the evidence of dishonesty will be ignored as if it never happened but the more who write to H&M to ask what they are doing (or email them) about the letter and evidence the better the chances that it will not be buried.

     

     

    Celtic are represented on the SPFL Board but there is a greater chance of supporters concerns being addressed if it comes from the wider fan base, hence the TSFM blog. In that context contacting the SPFL lawyers is a better avenue for Celtic supporters as this is at heart a league and not Celtic problem.

     

     

    The actual evidence is not published but a few reliable folk have seen it and think it sound and it is but a matter of time before the authorities have to accept that the genie is out the bottle and will not go back in.

  14. Paul, the power play across the city is there for everyone to see in the small print on sevco.co.uk. Fortunately AIM membership means that you have to publish your largest shareholders. The magic number is 50.00001% of the shares, or more accurately, voting rights for said shares. Easdale + Laxey + Artemis + the other fund managers is easily above 50%. For any rights issue, they need a majority of shareholders to agree. Ergo, Glib and Shameless can’t get near control, no matter how much money he’s got. Easedale + Fund Managers are in control and they have hired a credible CEO to do their bidding. Unless Glib and Shameless makes a formal offer, he won’t get near control. Easdales + Fund Managers, IMHO, will try to trade their way out, but it will mean austerity measures. G&S is just a rabble rouser…..

  15. it is said that there should be no room for sentimentality in the football managers psyche.

     

     

    i agree with that, maybe a place on the bench for a long serving player, and in a specific game, but never ever in the starting line up , if you need to win first.,

     

     

    there are two particular cases though, imho, where the CLUB could have, should have , and would have basked in it for ever.

     

     

    Danny McGrain should have been retained for 1 year in 1987.

     

    You dont know what will happen in the next season, but even if we had won nothing, Danny should have been there as we celebrated 100 years.

     

    If he had stayed on and the same events unfolded, the man could have played some games, and been a talisman, and a hero, well because thats what he was.

     

     

    Paul Mcstay should have been retained for 1 year , on his same wage in 1997.

     

    Same reasons as above.

  16. eddiegreenhillsbhoy on

    Greendreamz

     

    Have to say I’m surprised that a celt to compare paul maestro mcstay to that of stillian petrov as similar was shocking.paul mcstay best celtic midfielder since lisbon lions to date, .

  17. garygillespieshamstring on

    Dave king is not the messiah.

     

     

    He’s just a very naughty boy.

     

     

    Lifeofdave csc

  18. 1995 on the eve of the cup final.

     

     

    “… three years ago, McStay threw his shirt to the crowd on the “Jungle” terrace, anticipating that he had played his last game for Celtic. There was talk of a transfer to Everton, or Udinese, or even across the city. (A letter to one paper quipped: “McStay for Rangers? Sounds a fair swap to me.”)

     

     

    Although he eventually re-signed, (Tommy) Burns concedes he might have benefitted from a move. ‘If Paul had wanted to further his football education he should actually have gone in 1988. He’d just completed a double-winning year when he was head and shoulders above everyone else.'”

  19. gincher67

     

     

    23:18 on 27 February, 2014

     

     

    You are right about control, but they need money. Where will it come from?

  20. Saint Sivs……

     

     

    Great post…..

     

     

    I just feel a tinge of sadness and disappointment that Danny and Paul just missed out on two of the biggest seasons in our history.

     

     

    Two of my all time heroes and glad I witnessed both of their last appearances in the Hoops.

     

     

    If I had known at the time it was both of their last games then would have blubbed like a wean I think.

  21. New Article by Auldheid taken from TSFM

     

     

    45 Gordon Street

     

    Glasgow

     

    G1 3PE

     

    19 Feb 2014

     

    Copy sent to SPFL CEO and Board Members *

     

    Dear Mr McKenzie

     

    We the contributors to The Scottish Football Monitoring web site write to you in your capacity as the legal adviser employed by Harper MacLeod to assist the Scottish Premier League (now the Scottish Professional Football League) to gather evidence and investigate the matter of incorrect player registrations involving concealed side letters and employee benefit trusts as defined in the eventual Lord Nimmo Smith Commission.

     

    We note from the then SPL announcement that set up an enquiry that the initial date range to be covered was from the inception of the SPL in July 1998, but that was changed to 23 November 2000 because, according to our understanding, that is the date of the first side letter supplied by Rangers Administrators Duff and Phelps. It is also our understanding that the SPL asked for all documentation relating to side letters as well as the letters themselves.

     

    It is a matter of public record that Rangers Administrators failed to supply the SPL all relevant documentation. Indeed the seriousness of not complying with SPL requests was the subject of an admonition of Rangers/Duff and Phelps from Lord Nimmo Smith under Issue 4 of his Commission.

     

    Quite how serious that failure to comply or concealment was in terms of misleading the Commission and so Lord Nimmo Smith can now be assessed from the information contained at Annexes 1 to 10 attached.

     

    We think that as legal advisers to the SPL (now the SPFL) you have a responsibility to make them aware that their Commission was misled by the concealment of documents starting on 3 September 1999, and signed by current SFA President Campbell Ogilvie, whose silence on the ebt matters referred to in the attached annexes* is questionable at the very least.

     

    This letter but not attachments is being posted on The Scottish Football Monitor web site as this is matter for all of Scottish football and support for the issue being pursued to establish the truth can be gauged by responses from supporters from all Scottish clubs once the letter has been published there.

     

    A copy of this letter with Annexes has also been sent to the SPFL CEO and members of the SPFL Board.

     

    Acknowledgement of receipt and reply can be sent by e mail to:

     

    (Address supplied)

     

    Yours in sport

     

    On behalf of The Scottish Football Monitor contributors and readers. http://www.tsfm.org.uk/

     

    Addressees copied in

     

    Neil Doncaster CEO

     

    The Scottish Professional Football League

     

    Hampden Park

     

    Glasgow G42 9DE

     

    Eric Riley (Celtic),

     

    The Celtic Football Club

     

    Celtic Park

     

    Glasgow G40 3RE

     

    Stephen Thompson (Dundee United),

     

    Tannadice Park,

     

    Tannadice Street,

     

    Dundee, DD3 7JW

     

    Duncan Fraser (Aberdeen);

     

    Aberdeen Football Club plc

     

    Pittodrie Stadium

     

    Pittodrie Street

     

    Aberdeen AB24 5QH

     

    Les Gray (Hamilton),

     

    Hamilton Academical FC

     

    New Douglas Park

     

    Hamilton

     

    ML3 0FT

     

    Mike Mulraney (Alloa)

     

    Alloa Athletic FC

     

    Clackmannan Road

     

    Recreation Park

     

    Alloa FK10 1RY

     

    Bill Darroch (Stenhousemuir).

     

    Stenhousemuir F.C.

     

    Ochilview Park

     

    Gladstone Road

     

    Stenhousemuir

     

    Falkirk

     

    FK5 4QL

  22. If Danny’s last appearance was at Swinecastle I missed it.

     

     

    If it was at Paradise I witnessed it.

     

     

    ConfusedCSC

  23. Tom Molach.

     

    “Even across the city”

     

    Paul McStay would have laughed at that approach.

     

    Udinese was true, as were other opportunities but, the great mhan stayed.

     

    He stayed for one reason.

     

    Love.