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Newco may face admin and more, but not relegation

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No one can touch the bookies when it comes to promoting their business. One week into the winter break a simple statement saying they suspended betting on Newco being relegated drew interest to the Scottish football betting markets at a time when no games are being played.

Even if they suffered an insolvency event, their 15 point penalty (new club/same club debate does not matter as Rangers insolvency event happened more than 5 years ago) would leave them seventh in the table. Lots can go wrong at a club in administration but Newco are safe from relegation and bookies would be happy to price the risk accordingly.

And let’s remember, Coral established that removal from a league by liquidation (not on the cards, but let’s give Dave King time to work his magic) is not relegation.

Benefactors will need to be found for wages and other costs between now and the end of the season. Then there is the small matter of Dave King having to find £11m to offer shareholders. Factor in his reluctance to do so, the consequences of which could be quite fabulous, and you know why an insolvency event at the five year old incorporated entity occupies so many minds.

Either Dave King makes good on his £50m promises or administration and maybe worse (better) is in the post, but not relegation. You can put money on it.

The CQN Podcast: A Celtic State of Mind (EP28) with former Celtic director Tom Grant

Paul John Dykes and Kevin Graham are joined by Celtic’s ex-director, Tom Grant, who offers a fascinating insight into the running of the club in the 1980s and 1990s.

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Tom Grant explains exactly why Celtic refused to complete the Mo Johnston transfer in 1989, and lifts the lid on audacious efforts by Billy McNeill to recruit Peter Beardsley and Steve Bruce.

Tom Grant also dissects his relationship with Fergus McCann, and the impact of the ‘Celts For Change’ movement in overturning the ‘family dynasty’ board in 1994.

RightBackTo67ADVERT5

Jim Craig made two of the three goals in the 1967 European Cup Final. There’s a great wee video below for you to enjoy. Get Jim’s new Lisbon Lion Diary – Right Back to 67 from CQNBookstore.co.uk and you will receive a signed copy from the man himself plus a FREE copy of That Season in Paradise – Ten Months of Celtic Heaven signed by fellow Lisbon Lion Bertie Auld! Simply order Jim Craig – Right Back to 67 and the second book will be sent automatically.

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  1. That’s me done for the night, once more Thanks to all the Bhoys who sent Birthday Wishes.

     

    This place can be mental at times but no fitbaw is akin to a Full Moon for this site.

     

    Anyway Good Night & God Bless All.

  2. Cosy Corner Bhoy on

    Hamilton Tim: Business done re OBAF Act

     

    Hope you will post more regular type posts on the blog as you used to do and not just on behalf of an albeit just cause.

  3. Israeli citizens are normally denied visas to the UAE however, and entry might be denied to Israelis travelling on another passport, or other nationals who were born in Israel – check with the UAE immigration department or your nearest UAE embassy in that case.

  4. Big Georges Fan Club - Hail, Hail, Wee Oscar on

    HAMILTONTIM on 9TH JANUARY 2018 11:11 PM

     

    Folks the link is back up and running. Let’s condemn the OBaF Act to history! It’ll honestly only take you about 2 minutes.

     

    https://t.co/Jp8txCpZ7J

     

    Supporting your team is not a crime.

     

     

    ——————–

     

     

    HT – emails away.

     

     

    Very easy for us lazy Bhoys !

     

     

    HH and good luck.

     

     

    BGFC

  5. Big Georges Fan Club - Hail, Hail, Wee Oscar on

    ACGR young CORKCELT

     

     

    Happy Birthday from me and Wee BGFC

     

     

    HH

     

    BGFC

  6. No Return To The Status Quo on

    IANBHOY929 on 10TH JANUARY 2018 6:52 AM

     

     

    “Subservient and Tory” wouln’t have gone amiss.

  7. HT,

     

    re OBAF e-mail campaign,

     

    received a reply to my E-mail from Richard Leonard MSP,

     

    well worded and as expected in full support of repeal of an illiberal piece of legislation,

     

    HH, and well done the FAC action.

  8. E-mails posted. Thanks and wonderful to see you are still very much involved in the search for justice despite all the difficulty placed in your and others way.

     

     

    Hope you and Helen are well. Delighted to see you back and hope you will continue to post on all things Celtic.

  9. Tory Bitch Esther “MCVILE” McVey in charge of Dept Work and Pensions !

     

    WE Disabled and the Needy are DOOMED.

     

     

    She was 2nd choice for the post as another Tory Minister refused it cos of the limited budget.

     

    tory spin docs now saying ” Esther is the best person for the post” ??????

     

    work that one out.

     

    This MCVILE creature caused MAYHEM when she last had power over Benefits and Bedroom Tax when under Ian Duncan Smith…another Tory Ratbag !

     

    So PM May thinks that Esther MCVILE will be a vote catcher…she will heap even more disgrace on the Government…to the cost of the disabled and the needy.

     

     

    The Tories must be kicked OUT asap !

  10. CULTSBHOY

     

    Just saw your post last night about Roger Hannah and SSB , I can assure you he is a dyed in the wool hun !! I know !

  11. Jings. Someone on the receiving end of a snide jibe because they live in East Devon?

     

     

    Glad I don’t post weather updates from Suffolk…

     

     

     

     

    It’s grey but mild btw…

  12. No Return To The Status Quo on

    PARK ROAD 67 on 10TH JANUARY 2018 8:39 AM

     

     

    Roger Hannah’, the filthy despicable hun, is related to Rodger Baillie the esteemed and respected football reporter, now retired. By marriage only.

  13. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    DAVIDOPOULOS

     

     

    Shocker,innit. Wait till he finds out where you live(!)

     

     

    And the fellas from the likes of Newton Mearns,Alloway,Largs,might as well just put their hands up to class traitorism and fifth-columnist infiltration of our fine site.

  14. BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS

     

     

    Aye, and those Aberdeen bhoys have some nerve showing their faces on here too…

  15. Hunderbirds are Gone on

    DAVIDOPOULOS

     

     

    “Full of inbred extra-fingered fascist farmers” would have done just as well ;-)

  16. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    This is surely sonclusive proof that football has gone mad.

     

     

    £20m for Walcott.

     

     

    Twelve years with one of the country’s top teams. Never a trusted first pick. A waste of a jersey more often than not,though with some outstanding moments. Now,so burnt out out that he can barely raise the energy to shave in the morning,£20m?

     

     

    Ffs…

     

     

    http://www.dailymail.co.uk/sport/football/article-5251821/Everton-favourites-sign-Arsenals-Theo-Walcott-20m.html

  17. Good words from Brendan about Moussa.In saying that,he has to give the boy a real run of games.Chopping and changing is not helping the strikers.We can all see by the lack of goals coming from this area.

  18. HUNDERBIRDS ARE GONE on 10TH JANUARY 2018 9:15 AM

     

    DAVIDOPOULOS

     

     

     

     

     

     

    “Full of inbred extra-fingered fascist farmers” would have done just as well ;-)

     

     

     

    Inbred,straw chewing,smock wearing,”Combine Arvester”owning,Cider drinking,Fascists with Range Rovers.

  19. BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS

     

     

    I used to feel that Theo was treated harshly – James Forrest levels of unfair criticism, however he is at the peak of his career now and still hasn’t delivered.

     

     

    I think part of that is down to the manager.

  20. Hunderbirds are Gone on

    Many in Suffolk and Perthshire took advantage a few years ago of this amazing deal…

     

     

    … Buy a Barbour jacket, matched with a pair of Hunter Wellies to get your free Range Rover.

     

     

    :)

  21. ACGR and Corkcelt

     

     

    Hoopy birthday Bhoys

     

     

    David chappie and Bobbio. I have a Barbour ya bassas and remain an unrepentant fenian socialist I’ll have yous know!! Best £200 I ever spent. Never off my back Sep – may!!!

     

     

    You ex pat sell oots forgotten how much it rains back home??

     

     

    ;-)

     

     

    HH jamesgang

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