Newco may face admin and more, but not relegation


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.


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.


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 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. jamesgang



    £200??? Do you know how many pairs of red corduroys you could buy down here with that sort of money????











    Three is the answer…





    I never mentioned Barbours,old bean. Nor commented on that minor thread much.



    I’m sure you look lovely in it,though. Wi them posh wellies and a shotgun broken off your arm.



    Suits you,sir.



    Best wishes to you and the better half,mate. Some catch-did you have a fishing rod and net in the above scenario?




  3. Bobbio



    I still can’t believe I landed this gem. Luckiest Bhoy ever!!



    Davido – you always make me smile bud!!



    HH jamesgang

  4. Jamesgang – Good thoughts and best wishes from Ms S and myself on your recent nuptials my friend




  5. 16 roads - Celtic über alles... on

    ACGR & Corkcelt – Happy Birthday Lhads.



    Jamesgang – Congratulations mo chara.




  6. 16 roads - Celtic über alles... on

    I try to copy and paste a piece of garbage from the Daily Reprobate from the zombie Florida escapade.



    There’s bad, and there’s bad however this is up there with the worst I’ve ever read lol.











    Still pinching yourself?



    Tell that missus of yours to get herself sorted,start acting like a loving wife,and she can do the pinching. Much more fun,apparently.

  8. 16 roads - Celtic über alles... on

    Rangers in Florida: Ibrox stars lap up phenomenal training facilities but it’s all about the top notch grub for hungry Press pack



    Scott McDermott focuses on the state-of-the-art base camp at Rangers’ US HQ – and the tasty food on offer – in his latest diary piece from Florida.





    21:57, 9 JAN 2018UPDATED22:17, 9 JAN 2018



    Everyone knows how crazy the Americans are for their NFL action.



    So we tried to sit through a Wildcard game on TV between the Jacksonville Jaguars and Buffalo Bills.



    Now, I’m no expert but it has to be one of the worst ever. I swear the score was still 0-0 after about two hours.




    But the Yanks are mad for it. The fans around us couldn’t keep their eyes off it, cheering every time the ball went out the park.




    Seriously? That happens every week in the Scottish Premiership and the players get absolute dog’s abuse.




    I’m all for trying to immerse myself in other sports. But give me Ross County v Kilmarnock over the Jags and the Bills any day.



    What strikes you over here is the crowds that even the college games get. It’s astonishing.




    And after travelling through to Tampa on Monday to meet some of the Rangers players and staff at their magnificent IMG training centre, that was reinforced.



    The facility for the college athletes is phenomenal. Andy Halliday was blown away by it.



    He told us that the dressing-rooms for the college American Football side are the best he’s ever seen.



    Above every player’s individual locker there’s an iPad which has the player’s profile, performance stats, diet sheets, you name it – all logged in.



    Incredible stuff.



    Jetlag hit Graeme Murty hard but maybe he was just making sure Carlos Pena left.



    The Rangers boys love their IMG base camp and the hard work has already started under gaffer Graeme Murty .



    After some interviews it was back to Orlando for us to get stuff written up before dinner.



    And what a dinner it was. Everyone knows the Americans don’t exactly hold back with their portions.



    And one member of the Press pack surpassed himself.



    His six-layer chocolate cake demolition was something to behold.



    Even yours truly wouldn’t have attempted it.

  9. 16 roads - Celtic über alles... on

    The zombie club don’t actually own thon training facility.



    Stop the world, I’m getting off (as the Stone Roses once sang).








    16 ROADS



    How about ye,pal? That has to be the worst piece of alleged journalism I’ve ever seen.



    It was like a 7yo writing about the previous day’s eclipse-which everyone missed because it was cloudy.



    I know he’s unlikely to get his jotters for that from that rag,but wow,journalistic standards have taken a wee boot in the bahookies.


    Changing the subject…



    I sincerely hope that reconciliation talks between the two Koreas achieve a positive outcome. It’s certainly a positive start even to know that they are talking.



    Let’s face it,North Korea has nuclear missiles. Which puts us all in danger.



    They now have the capability of hitting New York.



    And if he can make it there,he can make it anywhere…

  12. a scottish “journalist ” reveals that Americans have ipads and chocolate cake..



    Next it will be bears …do you know where they toilet ?

  13. Turkeybhoy.


    I’m in agreement with you about Moussa.


    He reminds of a Big John Hartson in that respect, the type of player who needs 4 or 5 consecutive games to get up to full speed.


    Hail Hail





    Noticed that too. I recall all those years ago pointing out to my kid sis that some footballers aren’t natural athletes.



    (Hartson was the example I used)



    That means they have to work to avoid getting their “natural” physique,to which they rapidly return upon retirement.



    Or any injury.

  15. Barbour ? ( and Belstaff and Prada ) .



    Barbour jacket / Belstaff jacket and a Prada winter raincoat with a hood . Best winter clothing purchases I ever made .Hijacking of lorries loaded with designer clothing isn’t confined to episodes of The Sopranos. Bought from the Mafia streetmarket in Palermo . Guys on a corner with black plastic bags full of goodies ( with minders keeping an eye out for Plod ). One step up on the crime ladder from the weans that bag snatch from the back of a souped Vespa..



    Money Money






    Nice one. I got a 15yo Glenfiddich yesterday for a tenner.



    Just thought I’d mention that…

  17. Good enough for SoT, deffo good enough for me!



    Though I’ll sheepishly admit I paid full price in Callander!



    I’m so not rock n roll compared to the mhan!



    HH jamesgang





    Whisky’s easily manageable,bud. Just don’t drink too much of it.



    (And has a quiet guilty giggle)





    I’m sure you could have knocked her down to a tenner,just saying,like…

  20. Bobbio



    She read your comment and smiled. So I thinking it’ll mibbee be a nice pinching not a bad punching!



    HH jamesgang

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