Marching Newco into the Sea one insolvency at a time


‘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 with name, whether you are attending CQteN and address if not, and I’ll get your message to Pat.

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  1. Shieldmuir Celtic on



    Apologies for the delay. I understand that Brian Quinn will be making his trbute to Fergus on Saturday either before kick-off or at half-time. Let’s give them both the great reception they deserve!

  2. leftclicktic We are all Neil Lennon on



    Welcome to the madhouse :))



    So far 1200 have signed up to with holding season ticket money (so much for they all support King).


    I hope they get to about say half 15 or 16k the outcome will not be good (for thems) as spivs invest to make money and already TRFC allegedly owe RIFC about £20m.



    As the old saying goes “Never bite the hand that feeds you”.

  3. LiviBhoy - God bless wee Oscar on

    hun skelper



    I don’t understand how it can be cheaper when it’s our ground. Total madness. Aberdeen fans can enjoy our facilities for cheaper than we can. Makes no sense to me.




  4. Livibhoy @1651



    If you need that one explained to you…..deary me.




    Cup final of olde.



    A Celtic and rangers fan get together after a Scottish cup final for a few pints.



    Conversation turns to ticket prices. ‘haw sur! How comes your ticket is ten bob dearer than mines?’ says Billy.



    The Celtic fan replies ” we’ve got singing and dancing in oor end!”

  5. I hate to be negative but its peculiar that we backed Fergus with great attendances but will not back the current board even though they are “better” times on the field in terms of success.



    Why is this? Financial difficulties have definitely contributed but that doesn’t explain the amount of season book holders seats lying empty. The departed club isn’t the sole reason either because attendances had started to dip already.

  6. Livibhoy,



    I missed out a few smilies ;)



    Bottom line is ra sellic will not be appearing at the less expensive game.

  7. LiviBhoy - God bless wee Oscar on

    Geordie Munro





    One my auld man used to tell me as a kid.


    It’s been a quite afternoon. I am grumpy and wanted a rant!


    Feel better now though.




  8. LiviBhoy - God bless wee Oscar on




    People are skint.


    Ticket prices are too high.


    People can watch the game in the house on a live stream.



    The last one is new to fitba and is causing clubs the most grief.




  9. livibhoy – god bless wee oscar



    16:58 on 27 February, 2014



    £80 to watch Celtic




    £60 to watch Aberdeen


    For me it’s a no brainer mate the celts every time HH

  10. Hamiltontim is praying for Oscar on

    Anyone planning to go to CQN10 but also planning on going to Rugby Park first?

  11. traditionalist88 on

    Geordie Munro


    16:47 on


    27 February, 2014





    I’m thinking the rest of the football world hold Palace and Norwich in higher regard than you;)





    Most probably;) Just saying I’d rather sell players to Barca than Palace/Norwich and I think players would prefer to go to Barca too;)




  12. Livibhoy,



    Twas the old Tim at work that first told me that one. I’m having a shocker at work today too.



    If only cqn had stayed on the Racist of Oz stuff from this morning my bonus woulda been fine :)

  13. Livibhoy



    SFL and SFA hire stadium from Celtic and dictate seat prices for their respective cup finals


    Being a season ticket holder let me assure you that the prices you quote for Saturday are vastly overpriced and are not value for money for a league match against ICT .a fairer price in my opinion would be £50 adults and £20 for weans 5-18yrs.


    Season ticket holders for the lounges pay approximately £70 for their seats on a three match package for Champions League group matches

  14. So, which horse will super salary back this time?



    Given his previous backing for …..well….err….everybody from Whitey to oor Graham, where will he lay his hat this time?

  15. Mickeybhoy – re the King’s goal fest. Agree, he was better than Jinky but look at the service he got from Lubo, Sutto etc, fantastic aand thanks for the memories




  16. bournesouprecipe



    17:18 on 27 February, 2014



    He’s right but some supporters clearly don’t agree

  17. Ok tech guys question, I’m going into town the morra, I’m going to the apple store in Buchannon St, will I be able to purchase a connection form my I pad to my telly? And if so what am I looking for? Please and thanks.

  18. Oscar positive thoughts unionbearBhind on

    twists n turns



    that’ll be king £30m didn’t just pop into slimeballs head reckon its been another behind the scenes proposition?




  19. Hail Hail everybody,


    Just in to get changed for 5 a sides. Need to go straight back oot to meet my fellow CQN 5 a siders.


    Thanks to Paul it looks like I’ve a bit of work to do tonight responding to these beanie emails.


    Get your very own personalised beanie here



    It’s freezing and hailstones here just the weather for wearing my beanie to the 5 a sides.


    Get your orders in pronto for Cqten and collectt on the night.



    Hail hail PB


    Away to run rings round CRC and he’s in the same team haha

  20. good afternoon cqn


    TD 67 I went for my test this morning at VOL hospital,when ultrasound was finished the lady who did it,said everything was perfect,I would receive a letter in a few weeks,with the result


    I already know,and to hand it in to my doctors practice the next time im in,to be put on my records,in and out in minutes painless.


    Did ask what percentage asked to attend was turning up she said 80%,


    I would say the other 20% are daft,like everything medical these days if there is a problem early diagnoses could save your life. H H

  21. kinglubo



    17:19 on 27 February, 2014



    Never seen jinky play in the flesh but seen plenty of clips and heard a million stories about the guy from family for me he was the greatest player to play in the hoops, the king was class but don’t think he was better the jinky HH

  22. Try again.


    This one has got me really intrigued and I’m sure I’ve read it somewhere but can’t find it so would appreciate any “expert” input on this most topical of subjects.


    Any takers?







    16:56 on


    27 February, 2014


    Can someone clarify the following for me?



    When an attempt is made to acquire a controlling interest (30%+?) in a company,is it the case that the person/group attempting to gain control has to buy the necessary shares at the highest price they were at in the preceding 12 months?



    If this is true,does that mean that anyone attempting to gain control of RIFC would have to buy 30%+ at 92p each?



    How much would it cost them?



    Who,in their right mind,would buy at 92p when the current price is around 26p?



    Need some info on this from you stock exchange type experts