If you’ve been here for 12 years you’ll know that Celtic Quick News started because there was a great untold financial story going on in Scottish football. Celtic were castigated by many, including a large portion of their own support, as “prudent”, while Rangers, then under the majority ownership of Sir David Murray, were lauded for their willingness to ambitiously push the boat out.
But there was a problem. Celtic were losing millions every year. Rangers were losing a lot more, £35m in one season alone. David Murray’s company, Murray International Holdings (MIH), were ½ a billion in debt to Bank of Scotland, and rising.
By this stage MIH’s steel business was dwarfed in significance by its property portfolio. They borrowed from the bank and, perhaps with an eye on the fantasy Ibrox Super Casino, gambled that the market would rise inextricably.
For a few years the debt kept rising. “What’s the problem?” many said, if the Bank are prepared to lend MIH and Rangers, their strategy must be sound. These were difficult times to be preaching financial responsibility in Scottish football, but the reality was written in mile-high font for many of us. “They’re going to crash and burn”, seemed inevitable.
Today we read the news that MIH are, like Rangers before them, finally liquidated. Ignore the reported £200m that Lloyds Banking Group (now owners of Bank of Scotland) lost, that’s just the loose change. The Bank had swapped debt for shares in MIH as clouds gathered. The true financial cost to Lloyds (significantly owned by UK taxpayers) is vastly higher.
Much of the story of David Murray will never be told, not while he’s alive, anyway, as it took place well away from verifiable sources. This might change after he’s dead. The one redeeming positive he brought to football was to end the sectarian signing policy at Rangers in 1989. For that he should be lauded, many before him had the chance to do the same but chose not to.
That aside, the influence of Murray and MIH was poisonous to his club. He sold out for £1 to a liquidation expert in May 2011, against the wishes of his own board’s advisory committee, as his club claimed its last ever league title. The rest, is poetic history.
As luck would have it, tonight I’ll be with some Celtic supporter friends. We’ll raise a glass to Sir David and his legacy. Thanks for all you achieved, David, it could never have happened without you.
Erik Sviatchenko is a lesson in the difference good players make to a team. He’s started 11 games since joining in January, we’ve lost four goals over that period. In our previous 11 games we lost 12 goals. His impact on team performance has been phenomenal.
We’ll miss him tomorrow – so should make tactical changes to accommodate the perceived risk.
Motherwell are on fire. Less than two months ago they were in the play-off spot. Now they need just one point to guarantee a top six finish. They will battle every second for that point. If we are going to win tomorrow’s game, we will need to put in our of our best shifts of the season.
Time to get it together, Celtic.
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https://www.youtube.com/watch?v=JL3rcYKhT1k&nohtml5=False
Lloyd Cole
Rattlesnakes
LloydknewwhattocallthemCSC
5INAROWCSC
DD
Long ol night and had to make up 3 tie breaker questions!
Will I see you tomorrow?
Charlie Gallagher…legend.
Goodnight Troops
HH
PJBhoyNYC
Always worth a read mate.
RC
Peace be with us next Sunday. I am glad that me and all my family will be nowhere near Hampden next Sunday. Canny share a stadium wi scum fake cheats.
Macjay, very sorry to read about the death of your friend Kevin. He sounds like a solid bloke and a true Celtic man.
Sincere condolences.
HH lost brother.
Bus at 10.30 in morning for Motherwell. Hopefully everyone will make it.
We had a memorable night with Tosh and three Lisbon Lions, who all posted on here earlier. Hope they behaved themselves!
The sense that Jock Stein was too quick to discard players was the overwhelming theme. All three regretted leaving Celtic and all thought it happened way too soon.
Tommy has now mastered his remote controls for Sky and BT and even had time tonight to take a pop at me for asking the Lions about bias in Scottish refereeing.
Cowiebhoy and BRTH were both on great form and Giggsy and Wee Andy were other CQNers.
Celtic sent the league trophy – the nearest it will get to Aberdeen this year – and the Big Cup.
Willie Wallace signed a Lions shirt in advance and the Three Lions tonight added their autographs. This shirt will be raffled on CQN this week. We had two – the other was in the raffle at the event last night in Stirling.
All money raised will go to Mary’s Meals for the next CQN school kitchen.
Hope to see you in Motherwell.
Beefheart @9.57.
As much as I think you’re an utter cock socket, I agree entirely with your assessment in that post.
We’re shite, but they’re shiter………………………………………..yup.
HH
HAMILTONTIM on 9TH APRIL 2016 1:17 AM
PJBhoyNYC
Always worth a read mate.
_____________
You do not know me. But I am aware of you… and your Commitment.
Your comment means more than you know.
HH
KTF
Would respond in more depth but bedtime for weans…
ACGR
I like the new mellow Carnoustie Golfer. This bud makes me like everyone. Peace be with you all.
HH
WC, did you get ay positive feedback from anyone on the blog re your request for “older” posters to visit Tommy? I wold have thought Celtic supporters would have jumped at the chance to spend time with a true legend in need.
Anyway, my previous offer still stands, auld JJ can make the tea and I can show Tommy how to get the porn channel on sky.
DD, are you suggesting I’ve tuped over?…………………………………………..:_)
——
Quiet On Here The Night….?
Willie Nelson:One For My Baby,And One More For The Road….
https://youtube.com/watch?v=IFA_RKXMwQk
——
Hmmm….
Coupla Fine Tunes Fae These Yorkshire Bhoys….
‘Ruby,Ruby..’ : The Kaiser Chiefs
https://youtube.com/watch?v=qObzgUfCI28
‘I Predict A Riot’ : The Kaiser Chiefs
https://youtube.com/watch?v=hamKI-su8PE
—–
ACGR
You a Tuper? Naw
——
TBJ has no trust in the PLCon
7th April 2016 8:01 pm
Sips
Sorry comrade but i have a issue regards your comment about india
Narendra Modi was elected prime minister of my second home in may 2014 and quickly assessed many of the economic issues in the country
He pulled in major companies like general electric. . Rolls Royce etc and told them that if they wanted to maintain the multi million dollar contracts they had for power generation, air craft etc then they would have to manufacture in India and generate work for many of the unemployed there.
The rate of pay and other resources is lower in India – much lower in fact . He convinced the big companies to set up and train Indians and as well as retaining contracts they could increase profits with lower costs
Gone are the days of the British empire using countries such as India as slaves.
Shri modi ain’t mahatma gandhi ( my hero ) but he is fighting for India against the multi nationals and I totally understand his stance
Know your enemy comrade .. it’s not the Indians – it’s the cowboys;
—————–
Dear Oh Dear…
Clearly…One “Comrade’s” Hero…
Is A Thinking Person’s RACIST..!
And what is THIS :
“Know your enemy comrade .. it’s not the Indians – it’s the cowboys;”
Are you paraphrasing the comments that the Ninety-Year Old Duke of Edinburgh made….
When he inadvertently referred to ‘Indians’ Botching Jobs….
Instead of ‘Cowboys’ Botching Jobs
When on a State Visit to India…
He was then shamelessly pilloried as a RACIST by the World Media, for months….
They declared that his impending Senility and Jet-Lag were no excuse..!
So,you feel free to use it…
As a Wee Conspiratorial ‘In-Joke’…
Complete with the ‘Wee Frowny” ?
To which Sipsini responded with a “Double Frowny”….
—
sipsinion 7th April 2016 8:42 pm
TBJ..
Must admit you are spot on about the clear out where I work, when does it stop though?
There will be nothing left soon, as we can’t compete with the cheap influx of steel, were be ibought from Brazi and manufactured in Asia , it is killing what’s left of our manufacturing base.
Liked your Cowboys v Indians analogy ;))
Hoist By Your Own Petards…
I believe…
Perhaps we could ask the Duke of Edinburgh’s Office….
For a Comment..?
We notice that your Marxist Pals didn’t call you out, over this….
But then….You’re not Carole Thatcher..
( We Think…? )
——
Indians treated as ‘Slaves of the British’
?
Don’t think so…’Comrade’ .
Saviour of the Hindus Millions…
More Like.
So, What did Gandhi,The High Heid Brahmin, do about the Racist Caste System in India….
Which IS basically, “Institutionalised Slavery”
Not a Lot..!
And he wasn’t very keen on African Blacks either….
https://www.washingtonpost.com/news/worldviews/wp/2015/09/03/what-did-mahatma-gandhi-think-of-black-people/
[Note: This view is entirely consistent with Hindu philosophy, which places Brahmins at the top of the food chain, Sudhras next, and so on down to the Untouchables. Interestingly enough, in India this classification broadly approximates to skin pigmentation, with Brahmins often being indistinguishable from Europeans]
Bear in mind that Gandhi was already practicing as a London-Trained Lawyer in S.A.
When he made the remarks referred to in the above article…
(And There’s SO Much More..)
P.S. The Indians chose to settle in South & East Africa for their own reasons…
Mainly with aim of setting up as traders..
They were neither forced nor coerced into seeking their fortunes in Africa,by the British..
The Truth About Gandhi By Stefan Molyneux :
https://board.freedomainradio.com/topic/38282-the-truth-about-gandhi/?_e_pi_=7%2CPAGE_ID10%2C7495431776
Rose-Tinted Glasses CSC
—–
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setting free the bears for Res. 12 & Oscar Knoxon 8th April 2016 10:15 pm
TBM
That poster has been regularly called out for his attitudes.
Tonight, I think CQN decided to ignore him.
It is always a difficult decision but I would not mistake the lack of comment or reaction as approval.
There are a few (or one hard working) posters who stray into areas that are more than casual racism but there’s not one of them that can meet with CQNrs in public and admit to it. The vast majority here are decent people and don’t condone anything like that.
The Donald has been unraveling again and seeking a reaction. I would not care to try and talk sense into him either when he is in that phase of his cycle.
——-
Dear Oh Dear….SFTB
It’s Been Very Apparent Lately..
That You Have Been Struggling To Find Enough Of Other People’s Quality Posts About Celtic..
On CQN And Other Celtic Blogs…
To Steal And Plagiarise…
Cut & Paste…
Then Pass Off As Your Own…
In A Dreary,Dreary Adulterated Form…
Especially After Sir Kojo Withdrew His Wit & Wisdom From The Blog…
After Years And Years Of Hounding…
By ‘Comrade’ Cambuslang & His Merry Band Of 11-Plus Failers….
You Were Such A Sad Person That You Haunted The Blog 24/7….
Using The Satanic Sol Alinski’s ‘Rules For Radicals’..
As Your ‘Bible’…
Smearing Posters With Unfounded Accusations Of Racism….
At Times When Normal Folk Are Off To Work..
Did You Never Think Of Getting Yer Ain Job..
To Contribute Something,Anything…
To The Country That Fed,Educated,And Clothed You…
Despite Your DEEPLY Subversive Antipathy…
Towards Our Ancient & Tolerant Scottish Society ?
In Your Jaundiced Gimlet Eyes….
Jock Tamsons Bairns Can GT*…
Did You Realise That Kojo/John Would Post Till After Midnight…
Because He Knew You Would Take The Bait….
And Thereby Deprive Yourself Of Your Much-Needed ‘Beauty Sleep’….
Oh How We Laughed,As We Tucked Into Our Buttermulk Dainties & Steaming Mugs Of Earl Grey..!
It Has Always Puzzled Me That Paul ’67 Has Tolerated The Bolshevik Marxists Views Espoused By Your ‘Merry Gang’…
Given That He Was Raised In The Bellshill/Mossend Community…
And Surely Must Have An Intimate Knowledge Of The Atrocities Committed By The Bolshevik Marxists, After They Took Power In An Armed Coup In1917..
From The ‘Red Terror’..
To The ‘Manufactured’ Ukrainian Famine Of The Early ’30s (The ‘Holdomor’ )
From The Gulags,To The Savage Occupation Of The Baltic States And Eastern Poland, In 1940…
Katyn Wood…
The Slaughter Of The Cossacks And Ukrainians Repatriated From Austria,,
At The End Of WWII.
In Fact,It Is Precisely BECAUSE I Am Aware Of This HISTORY…
That SFTB Sees Me As An ‘Existential’ Threat To His Carefully Cultivated ‘Revolutionary Hero’ Persona..
In His Mind, I Am His Own Personal KRYPTONITE…
Responsible For Everything From His Receding Hairline…
To His Athletes’ Foot..
[Mair Like Woolfie Smith & The Cambuslang Revolutionary People’s Front…
Wi’ BMCUWP Playin’ His Beret-Wearing ‘Better Half’…
After Maggie McGill ‘Defected’..? Ed ]
Andrie Solzhenitsyn,Nobel Literary Prize-Winning Author,And Longtime Inmate Of The Marxists’ Notorious ‘Gulag Archipelago’…..
Pulled No Punches…
In His Famous 198 Book,”200 Years Together’,Final Volume Of A Trilogy..
His New York Editors Declined To Publish An English-Language Edition..
[Why was that..? Ed ]
Though It Is Available In Russian,French & German Editions….
A Partial English Translation Of The Volume Is Available On The Net,In PDF Form…
With Most Of The Original Chapters….
200 Years Together pdf
(Available To Download For Free At Many Sites On Google )
Any Honest Tim Should Acquaint Hiimself With The True Horrors That The Marxist Bolsheviks …
Perpetrated Against The Orthodox Church And The Christian People Of Russia….
Upwards On 60 Million Slaughtered Or Starved To Death……
Before They Listen To Some Sad, Posturing, Che Guevara WANNABE..
Fae Darkest Cambuslang….
Who Denies The Existence And Poltical Aims Of The Notorious Marxist ‘Frankfurt School’…
Whose Goal Was To Infiltrate Western Christian Society….
“To Undermine & Destroy It From Within..”.[Leon Trotsky 1920]
Breaking Up The Stable Family Unit..
Promoting Abortion On An Industrial Level…
And Pan-Sexualism/ ‘Gender Confusion’
Dividing Children From Their Parents etc etc etc
The Spawn Of SATAN…
http://www.whale.to/c/frankfurt_school1.html
Right..? Darned Right..!
~~~~
For all the assimilated tims out there settling for an excuse to stop supporting Celtic, hell mend ye all.
https://www.youtube.com/watch?v=cWefMny-Lvs&nohtml5=False
——
Right…Ah’m Away Back Tae Spotify…
Be Nice Tae Each Other…
And NO FIGHTIN’…
Up The H-O-O-P-S !
~~~~
The Donald
Are you Michael Kelly?
Buy a season ticket ….faith, hope and charity.
https://www.youtube.com/watch?v=ejjusCKkk38&nohtml5=False
A CEILER GONOF RUST on 9TH APRIL 2016 1:32 AM
Macjay, very sorry to read about the death of your friend Kevin. He sounds like a solid bloke and a true Celtic man.
Sincere condolences.
HH lost brother.
=============================================================
How nice of you to say so.
” Lost brother ”
Great phrase.
THE DONALD on 9TH APRIL 2016 2:12 AM
So, What did Gandhi,The High Heid Brahmin, do about the Racist Caste System in India….
Which IS basically, “Institutionalised Slavery”
========================================================
Yeah.
The ” untouchables ” for one.
Love to see these kernels of truth amidst all the lionising.
Remember the gross hypocrisy of ” Sir ” Sonny Ramphal ,a man of Indian descent raging about South African apartheid ?
Not a word about Indian racism.
Still in full bloom.
Lymmbhoy
Paging Lymmbhoy
Hertz on Setanta (aka Be In sport ) the noo.
macjay1
Very spooky…..was just catching up, got it on in the background :)
.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Not been on for a few days so only just seen your sad news.
Rest in peace Kevin
A wee song for the Panama Papers, the NeoCons, David Cameron, Hilary Clinton, Wall St and the rest of them…
http://www.youtube.com/watch?v=4Sje2VYw99A
LYMMBHOY on 9TH APRIL 2016 3:21 AM
Mate
Kevin was much younger than me.
Just tragic.
Away to watch Hertz doing us a favour.
Jeez……..I remember Celtic beating Hearts at Celtic Park to present the league to the huns.
But I doubt if they do.
Cheers
I fancy there will be a few players out tomorrow to secure or ensure their place in the Hampden squad or better still the starting XI.
The midfielders will be busting a gut to control and create.
The defenders will want to be solid and secure.
It’s a double whammy tomorrow.
We capitalize on Aberdeen’s slip up and we create momentum for the semi final.
There’s no need for motivation from RonnyD. Or me.
The away fans will be buoyed by the Tynecastle result and will lift and inspire the side.
The anticipation of cuffing the undead will hang heavily on our minds and three points will send us all home united against the establishment.
Spring has sprung
‘GG on 9TH APRIL 2016 3:43 AM
A call to arms.
Good man.
Autumn has sprung.
:-)
Ma wee brother is over in Scotland.
The Fam – Grindesville.csc
Amazing.
I know that Ronny is the Man.
Ronny getting to know all the YOUNG players, news to me, Beautiful news to me.
GG
You , I and your tomatoes (if it was the season) all know Spring is far from Sprung.
Over many years we have both been happy clapper espy, because we love our club, traditions and heritage.
But c’mon Sir, even you have your doubts, I do not mean about supporting the Team.
I mean about supporting a bent ‘franchise’ next year.
This semi is the shallow end inviting us into the warm shallow waters of a cess pit.?
No?
Macjay
Aberdeen’s maximum points is 83.
We have 6 games to acquire 10 points to match their maximum.
I reckon the next six games will be one big celebration party.
Even Derek McInnes has acknowledged Don have lost their slim chance of the title.
The title is gone for us – Aberdeen boss Derek McInnes
4 hours ago From the sectionFootball
Share this page
Aberdeen
Aberdeen now sit five points behind league leaders Celtic, who have played a game fewer
Aberdeen manager Derek McInnes says it would take a huge collapse from Celtic for his side to snatch the Premiership title after losing to Hearts.
The Dons slipped to a 2-1 defeat at Tynecastle and remain five points adrift of the league leaders.
“The title’s gone for us, I would imagine,” McInnes told BBC Scotland. “Celtic can only absolutely throw it away and I wouldn’t expect them to now.
“It’s not over, but Celtic will go on, I would imagine, and win the league.”
Celtic play Motherwell in Saturday’s early kick-off at Fir Park, their final fixture before the league split.
Or is it irresistible ?
Always Respect people……
Shut UP
PJ
For me the wins are even sweeter when I know that the Huns are crippled.
62 years ago last month I saw my first game, and I have experienced the institutionalised cheating and bias from Park Gardens, Paisley Road West and Hampden.
It just made the victories sweeter.
I think I told the story of traveling to Glasgow Airport last year when we saw Ibrox through the early morning darkness.
When my son pointed it out, all three of us looked and spontaneously burst out laughing.
They are a busted flush and will remain a visible canker sore on the embarassed face of Scottish football.
An eternal reminder of their cheating, self aggrandizement and fall from power.
No class. No cash.
GG
I would never dare to tarnish that memory…
Peace.
HH
‘GG on 9TH APRIL 2016 4:16 AM
Macjay
Aberdeen’s maximum points is 83.
We have 6 games to acquire 10 points to match their maximum.
I reckon the next six games will be one big celebration party.
=================================================
Thanks for those stats. , G.G.
It certainly puts things in perspective and gives me a bit of anxiety relief.
( And anxiety is what I felt during the Hearts game)
As you probably know , my opinion is that this would be a league won ” by default.”
I will really celebrate when the present incumbent is gone.