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. Dave king Dave king Dave king…

     

     

    All I hear from media… Sevconians… SSB

     

     

    But nobody mentions the elephant in the room….

     

     

    SFA fit and proper guidelines…..

     

     

    I have no doudt he has sevcos best interest at heart along with his own….

     

     

    BUT……

     

     

    I’ve no doubt vladimir romanov would pass it….

     

    Which makes me 100% sure that big Dave won’teither

  2. Of they reply to Auldheid on TSFM blog it might disappear in moderation haha

     

     

    HolierthanthouTSFMCSC

  3. Doc is Neil Lennon

     

     

     

     

    23:25 on

     

     

    27 February, 2014

     

     

     

     

    Auldheid, is the meeting tomorrow?

     

    ———————

     

    Today actually. Very useful. Something short and sweet out tomorrow or Saturday.

  4. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    Paul McStay was Celtic’s major asset when Fergus walked through the door-even the stadium at that time was a liability!

     

     

    It was widely known even then that he was carrying a major ankle injury which,at 29yo,threatened to derail his career.

     

     

    I wonder how things would have worked out had he been told to take the rest of the year off to get it repaired?

     

     

    We’ll never know,and it would have been a tall order in the first place,but we were never gonna stop the huns in Fergus’ first full season anyway,so for me,it would have been a risk worth taking.

     

     

    Definitely our best home-grown talent since The Quality Street Kids,and worthy of every accolade bestowed upon him.

     

     

    Here’s one….

     

     

    LEGEND!

  5. Great that Mr McCann is getting fully appreciated.

     

     

    Would Fergus have been as successful without the backing of DD?

     

     

    Would Celtic have emerged as Scotland one super power club without the influence of DD and his insistence on appointing Martin O’Neill?

     

     

    Without the DD/MON factor rangers and murray would continued to boss Scottish football.

     

     

    McCann built the foundations but DD blew them out the water.

  6. Auldheid, to be clear, wondered if there was going to be a public response, or, worryingly, silence. I hope to hear more soon.

     

    As you know, I’m concerned, silence and a non responsive stance from the club, well that is a cause for, well, that consternation.

  7. embramike supporting wee Oscar and Res 12 on

    Auldheid

     

     

    Intriguing … patience I suppose for a restless Res 12 er

     

     

    … and a coincidence about the DoS ???

  8. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    doc is neil lennon

     

     

    23:10 on 27 February, 2014

     

     

    Anyone who questions Paul’s loyalty to Celtic is (quite simply) a bhun…..

  9. BMCUWP…..

     

     

    The Maestro could have played in any team / any league between 1986-1994.

     

     

    Feckin marvellous player in his prime.

     

     

    Know something though….even though he admitted his time ended ‘acrimoniously’,I still think he won’t regret staying put and carrying us all those dark,depressing years.

     

     

    Just the type of guy he is…..Celtic to the core!!

  10. Just clocked in for a late night lurk,glad i did.

     

     

    Auldheid.

     

    If ever anyone deserved a positive outcome its you and the

     

    guys behind Res 12.

     

    The latest engagement using TSFM is a master stroke.

     

    Spread the word.HH

  11. A Ceiler Gonof Rust Says Hail Hail Big Fraser on

    Auldheid, I’ve just logged and not read back on so apologies if this has been asked already. The meeting Doc is asking you about, is this on resolution 12?

  12. Did anyone ever have the legendary Danny McGrain pouring pints for them in his pub at Parkhead Cross?

     

     

    Danny Mac pouring your swally then talking fitba with you in Danny Macs.

     

     

    FootballingheavenCSC

  13. Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma on

    Spent the day with Auldheid, Canamalar and Morrisey23rd followed by Paul67, Winning Captains and Celtfish.

     

     

     

    Jasus — them bhoys can talk forever ;-0)

  14. ryecatcher

     

    you have a problem with people from Dundee?

     

    we tried to sign bfdj but would not anti up his expectations of a signing on fee.

     

    he played for st. francis boys club in Dundee. in the hoops.

  15. Doc is Neil Lennon

     

     

     

     

    23:48 on

     

     

    27 February, 2014

     

     

     

     

    Auldheid, to be clear, wondered if there was going to be a public response, or, worryingly, silence. I hope to hear more soon.

     

    As you know, I’m concerned, silence and a non responsive stance from the club, well that is a cause for, well, that consternation.

     

    ===============

     

    Same form as before general message to all.

     

     

    There is absolutely nothing to be concerned about in terms of the perceived silence. We appreciate folk are impatient for clarity but the fact is more needs to be done to get that.

     

     

    Two and a half hours were spent with four representatives chewing over detail, issues etc with the Company Secretary, a lawyer with a firm grasp of the issues. This skill is needed to work through the 7 UEFA Articles and other related factors that surround the issue..

     

     

     

    What the eventual outcome will be is impossible to predict and that stage is still a way off, but remember, and this is important, Celtic will have to respond to the shareholders not the guys handling the nitty gritty, so it cannot just fade away.