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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  1. LiviBhoy - God bless wee Oscar on

    Sandman

     

     

    Fergus was disliked by people who believed the media spin about him.

     

     

    LB

  2. The Spirit of Arthur Lee on

    Within 48 hours of signing Viduka, with his then partner Ivana, was on his way back to Australia suffering from stress which was nothing compared to the anxiety that Fergus McCann was feeling after splashing out £3m on the striker.

  3. Bawsman

     

    12:28 on

     

    27 February, 2014

     

    What happened to the flat when McLeish moved out?

     

    ======

     

    Someone bought it for a pound …….. there was other stuff included as well.

  4. Under no circumstances do I want Dave King to gain control at Ayebrokes.

     

     

    He is has previously lost £20m helping put a team on the park they couldn’t afford.

     

    A team that did umpteen trebles and 9 in a row.

     

     

    He is willing to lose a similar sum again.

     

     

    Whilst all this goes on ,we would be run prudently and they would mop up more trophies.

     

     

    I am 50 ,I couldn’t take it all again. (:-)

     

     

    I want the Easedales the austerity ,and hedge fund borrowing that goes with them.

     

     

    TT

  5. jude2005 is Neil Lennon \o/ on

    Dont like the way King assumed we wd win 10 in a row. Might be 12 – 13 – 15?? Cheeky burglar!!

  6. @T.D. your scan? painless and over in jigtime, had one when

     

    ill recently(scepticemia) as part of various scans done at the time.Hope All is well mate.

     

     

     

     

     

     

    H.H.

  7. tonydonnelly67 @13 35.

     

     

    ” whats the script ”

     

     

    Best avoided. Person doing the scan will have been educated by teachers and will have form as a student.

  8. I'm Neil Lennon (tamrabam) on

    Sing a song of Sevco

     

    And ask the question, “why”

     

    Did sally get paid a million

     

    When he is just a pie?

     

     

    When the admin 2 came calling,

     

    The Sevco men began to sing;

     

    The celtic should be scared

     

    Cos now we’ve got Dave king

     

     

    Sure king was in his counting house,

     

    Counting out his money;

     

    But Craig Whyte was owning Ibrox

     

    And pals with Vincent Lunny.

     

     

    So Kings pockets must be very deep,

     

    If he wants Ibrox back,

     

    When before he didn’t say a peep

     

    Or give fat sally the sack!

     

     

    I mind he wouldn’t pay one pound

     

    To own his boyhood heroes

     

    In fact the amount that he put in

     

    Was measured just in zeroes

     

     

    So sevco don’t get hopeful

     

    Of winning back your crown

     

    Cos if past records counts at all

     

    Dave will bring will you down

     

     

    And don’t think it means you’re ready

     

    To emerge out of the fire

     

    Cos everyone already knows

     

    That Dave king is a liar

     

     

    And ask the SFA

     

    If hes a person who is fit

     

    or is the king really just

     

    a lying little git

  9. Mouldmaster………now that brings back memories……….painful ones………….and tears to the eyes.

  10. Hugh Bonkle fae Dallas on

    Just my opinion and whilst I do appreciate more each day that Fergus is (or wasn’t) David Murray or Charles Green or Craig Whyte. I believe that the term legend is bestowed too easily. For me he will never be a Celtic legend in the way that people such as Tommy Burns, Wee Jinky, Paul McStay and others are. And not just because they played for the club but because they got what Celtic was about. I always felt that Fergus never lost any sleep over Deidco winning niar. The thin dimes concerned Fergus more than our heritage and prestige.

     

     

    As I said just my opinion….

  11. livibhoy – god bless wee oscar

     

     

    13:42 on 27 February, 2014

     

    Sandman

     

    Fergus was disliked by people who believed the media spin about him.

     

    LB

     

    Very true as I’ve said many times this was before ‘tinternet and REAL news sites like CQN

     

    Too many people (myself included) used to believe the sh*te that was written in the rags by so called celtic men like mcnee and the others on Minty’s payroll

     

    Hail Hail to Oor Paul and CQN!!

  12. Paul,

     

    ‘These people have taken so many wrong turns in this episode it is like they are being operated by a compulsive Karmic puppeteer.’

     

     

    You’ve become very good at this writing business.

     

     

    I always felt we scrapped and fought, as a body of fans and a community, to save our club. We all recognised the absurdity of our position and the solution was the simplest possible – let that unity and common purpose become a business, and give it some of those values. That might sound glib to some, but, I’m only offering a broad summary. We were too big to fail, and we proved there is truth in that idea.

     

     

     

    Meanwhile, Rangers fans seem intent on proving the opposite. It should be fascinating, it should be an astonishing example of a ‘community’ that’s broken, an almost implausibly appropriate counterpoint to our successes, as a club, business and community. I only say ‘should’ because it’s almost unbearable to spend too much time engaged with their world. I find myself laughing at the absurdity, then cringing at the stupidity, but, after a while their world is no more interesting to me than the ugly gossip of the tabloids.

  13. Mouldmasters bouncing off the frozen heelprints indented on an icy ash park.

     

    straight into yer jewels. Thanks Mr Lyle.

  14. I certainly was NOT one of the ‘many'(!) who – allegedly – hated Fergus.

     

     

    I demand to know who these people were/are!

     

     

    HH!!

  15. timaloy29 @13.40 hrs,

     

     

    Yes it is undeniable that Fergus wasn’t universally popular with all the fans. Maybe some fans just didn’t see the bigger picture at the time.

     

     

    They do now.

     

     

    HH. Fergusmccannstandcsc

  16. Great stuff lads much appreciated , seems simple enough, I was wondering if I would have to change my underpants, according to that video there’s no need, that’s good cause I was hoping to get another couple of shifts with the ones I have on now ;) , but seriously thanks again.

  17. can i have raspberry on that champions league ice cream

     

     

    14:08 on 27 February, 2014

     

     

    You don’t need to tell me mate, I don’t believe the bull in the hun or daily ranger pity others do they want people to think..

     

    King must be the answer he’s already lost £20m and he’s willing to put in more haha Murray, whyte, green and king all cut from the same cloth thank god they weren’t looking to ‘invest ‘ in a club in 94 thing could have been so different.

     

    Hail hail fergus

  18. Shieldmuir Celtic on

    Timaloy 29

     

    Brian Quinn was booed when introducing the newly formed Celtic Supporters Club from Villareal. Fergus was booed when introducing Mrs Stein who was unfurling the Championship flag.Let’s hope we can show how much we have all grown up on Saturday when Brian Quinn pays a tribute to Fergus.

  19. KK,

     

     

    Exactly. As long as the meaning isn’t lost spelling mistakes are ok in my book.

     

     

    Regarding King,

     

     

    Is it just me who hadn’t heard of the word ‘glib’ before thon judge said it?:)

     

     

    Mustabeendoinggardeningthatday csc

  20. Surely Campbell Ogilvie will pave the way for the shameless and glib liar to be transformed into a fit and proper (welcome back Dave) person? Cant see any other reason for CO still being in situ at the SFA.

  21. TinyTim

     

    13:46 on

     

    27 February, 2014

     

     

    Documents for his case with the SA tax Authoritues showed that he received payments from Rangers of at least 200M Rand. Which I’ve seen equated to anywhere between £12-16M.

     

     

    As far as I’m concerned (and the reason he’s trying to knock the price down further), the only reason he’s get involved again is to buy cheap and run it at a profit for himself until such time he’s recovered his losses or it can be sold at sufficient profit to cover them.

  22. Hugh Bonkle fae Dallas-Remember the industrial scale cheating, we had to contend with when Fergus was in charge.HH

  23. Lisbon Lions Upper on

    Wee Ferguson did not seek popularity, admiration, or even acceptance, he simply sought to do the right thing for the future of he football club. Yes also at great benefit to his bank balance, an aim he never denied from day one.

     

     

    The comparison and contrast to the litany of charlatans waxing and weaving down Govan way is stark.

     

     

    We have a lot to be grateful for. I’m not sure about renaming parts of the ground etc – we’re a football club and it should be football people we bestow such honours on in my opinion – but I hope on Saturday Fergus finally gets the reception and recognition he has deserved and not received for too long.

  24. GuyFawkesaforeverhero on

    I’m happy to see the anniversary of our revolution being remembered and celebrated by the current club custodians.

     

     

    Hope Fergus is wearing his bunnet when he takes to the pitch in August. I’ll have mine on.

     

     

    During a week when the football’s proved sticky for Celts, at least The Comedy Channel is still broadcasting from its south-side HQ.

     

     

    At this time last year, Sevco splashed its 12 month deals for kit and shirt sponsor so that there’d be a couple of good news stories in the dispiriting interim accounts.

     

     

    What rabbits are available to pull out of the hat this year?

  25. Huns planning a Dave King themed ‘tifo’ with scarves, t shirts and banners for the Albion Rovers game!

     

     

    Cannae wait – should be a right hoot.

     

     

    HH!!

  26. Oscar positive thoughts unionbearBhind on

    totally nothing to do with CQN or dk

     

     

    Just wasted a whole morning and part afternoon, and todays moral is if its not broke don’t tamper! Thought I had everything under control (worst behind me) managed to copy all relevant system and data onto my brand new ssd (solid state drive) opened side of year old small form factor desktop, and WOW! inside is busier than Argyle St on weekend before Christmas, and getting at the hard drive is impossible without striping the whole thing apart so have decided will just leave it as is and keep the ssd for when/if needed? Should have had a wee peek at inside before ordering a ssd, but my son put one into my laptop and the difference was day and night, thought if he could do it on a smaller computer/laptop how hard could it be to install one in my desktop as I thought I know my way about computers? to put things in perspective, remember when you used open a box and wondered why it was half empty, that is what old desktops are like when opened up, plenty room for numties like me to potter about without to much damage, so if anybody’s thinking about similar better forewarned than going in blind,

     

     

    I wonder if Dave King thinks new rankers will be same as Ye Old rankers just a thought!

     

     

    HH

  27. Tallybhoy

     

    14:23 on

     

    27 February, 2014

     

    Huns planning a Dave King themed ‘tifo’ with scarves, t shirts and banners for the Albion Rovers game!

     

     

    Cannae wait – should be a right hoot.

     

     

    HH!!

     

    fake Krugerrands all round

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