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. Ulsan/Black Isle Celt @ 07:55

     

     

    To be honest, I stopped reading this once I reached the phrase, ‘smart card’: you’re obviously havin’ a laugh …

     

     

    ;-)

     

     

    FF

  2. pedrocaravanachio67 on

    Drat

     

     

    Didnae work!!!!

     

     

    Anyway, it’s a rugby match that’s being played, right noo…in Australia ( I think )

     

     

    Rebels v cheetahs

     

     

    I thought it was funny :-(

  3. Europa league –

     

     

    Last 16

     

     

    Spurs Benfica

     

    Alkmaar Anzhi

     

    Basel Salzburg

     

    Porto Napoli

     

    Rube Fiorentina

     

    Ludgorets -Valencia

     

    Lyon Pilzen

     

    Seville Betis.

     

     

    Should have been Lazio instead of Ludgorets but 2 absolute howlers from the Lazio keeper handed progression to Ludgorets.

     

     

    Lovely day, sunny ,clear blue sky , 23 degrees at 10 am -way down south

  4. Next Gen series Chelsea v ac Milan on Eurosportbjust now.

     

     

    Chelsea up 2-0.

     

     

    Islam Feraz is having an absolute howler.

     

     

    Honking.

  5. I see Annabel remains ever popular amongst her many admirers.

     

     

    Since there is not a lot happening I thought I would drop in a little humour on this wet and weary Friday morning.

     

     

    When she was born the midwife slapped her mother.

     

     

    Was driving her car last week and popped her head out of the window to ask directions. She got arrested for mooning.

     

     

    If you have heard them before then too bad!

  6. So the Glib and Shameless one comes out and attacks the board. He then suggests a scheme whereby the board won’t get the money they need up front, but it can only operate with their agreement. Incredible, but not as incredible as the fact that some of them buy into his pash.

  7. Mmmm —–

     

     

    Much hilarity in Italia ( for more than 1 reason ) re Antonio Conte s ( Manager of Rube ) statement that –

     

     

    ” Italian referees are the best in the world ”

     

     

    Asked to comment on the Rube -Fiorentina Europa League thing , Vincenzo Montella, Manager of Fiorentina ,said this ——–

     

     

    ” They are favorites but we know we can beat them. It is to our advantage that both games will feature neutral officials “

  8. Right. There’s something that I don’t quite understand. When the sevco share price was dropping like a stone many were interpreting this as a sign of their imminent demise. There has been much talk of this demise based on various pieces of evidence including running costs outstripping income, borrowing 1.5 million etc. Now the share price has risen by around 20% in the last couple of weeks. I can’t square this up with the predictions that they are going to the wall. I have to add that I don’t understand the stock market but given the evidence coming from there, it doesn’t look as though there is a lack of confidence in them. Anyone?

  9. moonbeams wd. kano 2000 \o/ supporting neil lennon 29.9%. champions. c’mon wee oscar.

     

     

    08:55 on 28 February, 2014

     

     

     

    Is that not called a bank?

  10. All this talk of a dodgy Dave trust for season book money – as a lower division club why don’t they go for pay at the gate. That way they’d be able to understate the crowd, rather than overstate it as they do now, and trouser 25% of the takings?

     

     

    The fans would be happy, the owners would be happy and the only loser would be the taxman. It is in their history. Their predecessor club liked to screw the taxman.

  11. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    kevtic

     

     

    23:45 on 27 February, 2014

     

    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.

     

     

    >>>>>>>>>>>>>>>>

     

     

    Spot on……DD’s contribution to our development has been diluted by those who feel he should throw money at the Club…….I recall being slightly frustrated by DD not having a higher Club profile……but my fears were more than allayed when he announced the £15m Lennoxtown share issue, where he was guarantor for the full some, as required by Law….. As it turned out, we bought £11m of the £15m, and Dermott only had to contribute £4m…..

     

     

    WE ARE IN GOOD HANDS and, while I am on my high horse, anyone who criticises Peter Lawell needs their head looked…..ONWARDS AND UPWARDS FOR THE BHOYS….!!!!

  12. Maybe Honest Dave is a Nigerian prince.

     

     

    I think I’ve received e-mails from him asking for money!

  13. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    a ceiler gonof rust says hail hail big fraser

     

     

    00:04 on 28 February, 2014

     

    67 Heaven, for one last time and just for you as it was your birthday last week. I give you the Celtic Choir. And no, I don’t know where they’ll be sitting but I know where I’d like them to:-)

     

     

    http://www.youtube.com/watch?v=Hq5i-6cJMJs

     

     

    >>>>>>>>

     

     

    Will you behave yourself…..hahahahahahahahahahahahaha

  14. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    Some….????……predictive text my erse….hahahaha

  15. After hearing about the Rebeca Brooks trial, Lee McCulluch has enquired about a career in computer hacking, stating while he is not overly familiar with computers, he has decades of experience in hacking.

     

     

    Not sure he gets it.

  16. NatKnow - Supporting Wee Oscar on

    twists n turns

     

     

     

    08:10 on 28 February, 2014

     

     

     

    Ulsan

     

    Thanks.

     

     

    Not sure though that this could possibly work.

     

     

    So, Dd is holding let’s say 25000 x £350 = £8.75m. For week 1 he transfers £8.75m/ 18 = £ 486k to Sevco and does this for the duration of the season? If they want to buy a player they approach Dave for the money?? If the floodlights need repaired at £ 15k they go cap in hand?

     

     

    Match day 2 away from home.

     

     

    ” hello (hello) is that Dave”

     

    “Aye (ready)

     

    ” it’s Graham here. The bus has packed up on the m8 east on the way to Tynecastle”. We need a new fuel pump”

     

    ” how much is it?”

     

    ” £ 140 plus VAT

     

    ” what’s VAT?”

     

    ” it’s a kinda tax Dave”

     

    ” what’s tax”?

     

     

    I just can’t see this arrangement working…..

     

    ——————————————————————-

     

    LOL! Belter!

     

     

    Thing is – some of them appear to think handing over money to a convicted fraudster is a Good Thing. I wouldn’t give Dave King my ginger bottles to go to the van…

  17. BRTH

     

    are we going to get “live updates” of the CQTen soiree? Mibbees guest posters?

     

     

    wishiwasthere csc

     

    HH

  18. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    doctor whatfor

     

     

    09:28 on 28 February, 2014

     

     

    Best to stick to the stark reality, which THEY can’t accept……they’re deed…!!

     

     

    The tribulations of this new clubs are entertaining, and once the dust settlles, BDO WILL BE RIGHT IN THERE…….my impression is that the UTT decision will be the catalyst for BDO / the destiny of the assets…….ask yourself why noone at the club / media etc is saying anything about asset ownership……..sit back and enJoy

  19. Goal of the Week … ?

     

     

    ‘I wouldn’t give Dave King my ginger bottles to go to the van…’

     

     

    FF

  20. leftclicktic We are all Neil Lennon on

    twists n turns

     

    If Virgil loses his appeal he can come along to CQTEN :)))

  21. 67 heaven

     

     

    I’ll be needing my heid looked at then.

     

     

    I don’t have issues with the financial running of my club. Applause and wonderbra to all for that.

     

     

    It is the peripheral GIRFUY to the fans and the ongoing mistreatment of sections of our support that I will alsways have a go at both Lawell and DD for. Untill they stop colluding with Mr House (he of Hilton infammy) and shafting our fans then I will dig him whenever i please.

     

     

    MWD away to get his heid looked at.

  22. 67heaven … i am neil lennon, supporting wee oscar..!!.. ibrox belongs to the creditors

     

     

    Oh I’m clear that they’re deid. Jist a bit confused about sevco. Anyway, you’re right. We should just enjoy!

     

     

    HH

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

     

    08:26 on

     

    28 February, 2014

     

    Can I ask who is going to run the fans trust thingy proposed by Dave King?

     

     

    Is he in charge of the monies etc?

     

     

    Possibly the son of a deposed South African prince.

  24. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    twists n turns

     

     

    07:47 on 28 February, 2014

     

     

    Cracker….hahahaha…..silly bhuns

     

     

    They’ll be deed by then, though

  25. Just wee msg to ask use to keep the missus in your prayers

     

     

    Had pretty big surgery there on wednesday nyt and gonna be 4-6week recovery.

     

     

    Hopefully the problem has been solved.. Will know more in couple of days.

     

     

    Thanks

  26. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    twists n turns

     

     

    07:40 on 28 February, 2014

     

     

    This proposal of Dodgy Dave about putting the season ticket money into a ” holding fund” and only paying per game. How will that work then? So, I’m a fan ( I’m not, honest) and I send my 350 bucks to Dave’s dodgy deals company, and I then want to go to see the 1st game. This is gonna sound daft I guess when you all come back and tell me the answer, but, how do I get into the game? I’m serious. How does it work? Anyone?

     

     

    >>>>>>>>>>>>>>>

     

     

    Will you stope it…..ma sides sore

  27. LiviBhoy - God bless wee Oscar on

    Dave Kings proposal is akin with a wee boy holding his baw until he gets in the winning team at a kick about up the park.

     

    It’s farcical and the rantings of a madman.

     

    The football club/company whatever they are this week will be burst if his plan goes through.

     

    Nobody in their right mind is going to agree to hand out season tickets and get drip fed the money on a game by game basis.

     

    It’s like the emperors new clothes every week with our media. On one double spread they have McCann and on the other they have King. The comparison could not be greater.

     

    When Fergus does come over in August I hope he grants every newspaper an interview on the condition that they print their previous lies about him and apologise.

     

     

    LB

  28. CelticFC SLO ‏@CelticFCSLO · 1m

     

    20 Years on, lets pay tribute to the wee man tomorrow, he definitely stole the show!! pic.twitter.com/MMg6CTJiZ3

     

     

     

     View photo

     

     

    wear your bunnet tomorrow i know i will, bunnet day at paradise tomorrow

  29. I can the headlines already….

     

     

    Dodgy Dave claims that season ticket money was ” just ‘resting’ in my account”

  30. Leftclicktic

     

    Then for sure he will be at the game! That appeal has as much chance of succeeding as the Iibroke paper boy getting a Christmas tip.

     

     

    67 Heaven

     

     

    I was being serious bud…I can’t get my Heid roon this proposal.

     

     

    Natknow

     

     

    Aye you n me both mate!

     

     

    Ra Rangers have kinda turned an age old problem on its head. Used to be too many patients and not enough donors.

     

     

    They solved the donor problem through spin to an extremely gullible audience, but then someone keeps nicking the donations:-).

     

     

    Ya gotta laugh really. As for that ould proverb ” fool me once shame on you, fool me twice shame on me”, it’s kinda lost It’s flow now ” fool me once shame on you, fool me 83552 times…..

  31. BBC gossip page has Real Madrid,Barca,Atletico Madrid,Juve and AC Milan after Forster.If he is going in the summer ,make it public,create a market and get the most money you can.

  32. NatKnow - Supporting Wee Oscar on

    tonydonnelly67

     

     

     

    07:29 on 28 February, 2014

     

     

     

    This is a lot of bears, but! They’re united, hahahahahahaha

     

     

    We, The Union of Fans, unite all fans groups as one to show how united all us fans really are. The Union of Fans currently comprises representatives of the following fan groups – The rsa, the rst, the rsa2, the rsvp, the rspb, the rspca, the blue order, the blue lagoon, new order, the union bears, the vanguard bears, the grizzly bears, the sons of struth, the sons of bears, and the sons of blue vanguard trust bears assembly.

     

     

    United we stand. 15 blazers thanks

     

    ————————————————————————-

     

    LOL! Fantastic!

     

     

    BTW – best of luck with you Abominable Scan today. Don’t think you’re leaving us just Yeti…