You would be forgiven for believing you lived in a parallel universe if you read Newco Rangers director, Paul Murray, today, who told us, “the benchmark in Scotland is Celtic”. “First and foremost, we don’t want to put the club into financial risk”, he told reporters.
Yes, I know, it’s supposed to be the company, or maybe the holding company, that’s put at financial risk, not the club, the club can sail on regardless of financial realities. With an impressive sense of entitlement, but we’ll not press Murray to square that circle.
Let’s instead remind him of the roles of a non-executive director. PricewaterhouseCoopers define the roles of a non-exec as:
Constructively challenging and contributing to the development of strategy
Monitoring the performance of management
Satisfying themselves that financial information is accurate and that financial controls and systems of risk management are robust
Succession planning and determining appropriate levels of remuneration for executive directors.
Paul Murray, you will remember, was a non-executive director of oldco Rangers, and that club was well and truly put into financial risk, costing hundreds of creditors money, ending in liquidation.
Businesses have non-executives to offer help but also to be the eyes and ears of ordinary shareholders, creditors, customers, staff and any other stakeholders. It’s their job to sit at board meetings and ask the questions of the executive management, ensuring the company is able to meet all obligations.
They should be banging fists on the table demanding risks are brought under control. If they are unable to impose control on management, they should resign.
It was Paul Murray’s role to ensure that financial controls and systems of risk management were robust at oldco. He was paid to constructively challenge strategy, and to ensure management performed their duties.
In this respect, Murray was magnificent.
22 years ago we went through a rebirth. The old board, unable to take the club forward, limped off the scene. Imagine for a second that a few years later Fergus and his fellow directors were swept aside by the old board (who remember saw the writing on the wall and appropriate took steps).
It’s unthinkable. The benchmark in Scotland is indeed Celtic, where those susceptible to vanity spending on football bling at the cost of financial security will never be the eyes and ears of the club’s fans and shareholders.
These people are perfect in every way.
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Macjay,
my condolences re Kevin Gaffney, id met him a couple of times, sad news may he RIP
TET
My gag yesterday about guzzling buckfast and pis*** my troosers…got stymied by a typo:)
Hope it got a few laughs anyway.
HH
Coolmore Mafia
But who beat them in 455 and what was the score?
Did they get relegated to the bottom division of Empires or did they re-apply as a new nomadic tribe?
Did the Roman Empire collude in a 5 way agreement with the Huns, Goths, Byzantines and even the Celts?
so many questions…… :-)
RIP Kevin Gaffney.
Nicely spoken MacJay.
Auldheid, I know you won’t let them get you down, walk tall.
You should be proud of what you are doing.
Also keep in mind, they are now very worried.
Canamalar, the word Hun TUPEd, very funny:-)
Good question Matt, son of Hun also raises interesting questions, but I don’t want a red card for foul and abusive language!
Please keep in mind Libby, a friend, who faces the hardest fight in the next few days.
Philbhoy’s pulled a burd, back in 10 minutes… :-)
TGM
I noticed :-)
Keep doing what you are doing, I fully understand how it’s a release for you.
HH
CONEYBHOY
Asking the wrong fella. The Green Man will know.
My own opinion is that Stewus Regus and Campus Ogilvus reinstated them,hence their rampage almost a thousand years later.
Let’s hope it takes the current lot at least as long!
PS-did you get out of the pub in time for your flight last weekend?
DOC
Please pass on my best wishes to Libby. Sounds like she knows how to fight!
Auldheid….worried? You are right, they should be. Yer a real Celt sir!
——–
——
THE GREEN MAN SAYS SACK THE BOARD on 8th APRIL 2016 10:54 AM
——
My Dear Friend In Celtic….
Nay..Nay..And Thrice Nay..!
I Believe You Are Mistaken.
No-One Could Confuse Your Posts…,
With Those Emanating From CQN’s Most Notorious Crazed Cambuslang Blogger.
Like Those Of The Indefatigable KevJ…
Your Posts Stand Out On Account Of Their Wit,Style,And Perspicacity…
And You Do Not Affect A ‘Faux’ Middle Class Gentility…
Like We See From The ‘Poster From Darkest Cambuslang’….
With The Crazy ‘Ena Shairples’ Hair-Net…
And The New-Found Addiction To Those Mystical Tunnocks Tea-cakes…
BLESS..!!!!
———–
Mark McGhee Seen Walking Down Bellshill Main Street….
Lookin’ Pleased With Life…
As He Whistles,”Fields of Athenry”…
Tunefully.
Is He On His Way To Lennoxtown For A Medical….?
Who KNOWS..??
Time Will Tell..
Off OOT…
~~~~
new article posted.
TET
I think most people on the blog would be surprised if they happened to meet me.
When im not drunk and smashing windows…im fine:)
HH
My friends in Celtic,
I’m sure the four of the Res12 Bhoys were expecting threats and intimidation from the forces of darkness. They would have embarked on this journey knowing that it was inevitable.
That is another reason why they deserve our thanks, support and patience.
When we quarrel, we should always be mindful that ultimately we share the same aspirations.
Ps: Fine tribute Macjay. You did your pal proud.
BMCUWP
I did make it last week! Biggest achievement of the year – 1.5 hrs kip. Slept on the plane.
Only had time for one pint before game so went to my usual haunt. Sorry I missed you.
Great meal in City Merchant later as well.
Some majorly pushed bhoys on the flight home – they had a great time in Glasgow and gave us all a good few chuckles
PL fault ?
BOURNESOUPRECIPE on 8TH APRIL 2016 11:37 AM
Celtic have won only 50% of all SPL meetings at Motherwell.
Macjay; condolences to you on the loss of your good friend Kevin. Prayers will be offered for him and his family. RIP.
Thanks for your testimony to your friend which speaks volumes about all you bhoys and ghirls who keep the Celtic spirit alive in far of lands. Remember always – you never walk alone.
The Huddle, around 11.00 pm last night on the GPS thing,
I have no idea why these players were selected at certain points during the season. That is what I am trying to understand. I could retort, why have Jo Hansen and GMS been selected at certain points during the season? They certainly run around a lot but are often ineffective.
The only way to get at thetruth would be for RD to explain it….something that he is not likely to do. So, we are left with trying to figure it out on our own….with variable results.
Thanks for reading and responding. Sorry I did not see your posting earlier,
Rebus
Very quiet … horses here today?
Druids Nephew 5.15 Aintree
CATHAL
Believe it or not,that’s my pick too!
Well,we can’t both be wrong…
The Druid’s Nephew 515 Aintree
Dommersen 16:50 @ Lingfield Park.
I’ll try Goonyella in the big one
Gl all
Posting from a wet krackow.
Will go for silviano continue in the national
5.15 Aintree The Druids Nephew
Best of luck to all today
Cheers GFTB
13:45 @ Aintree – If In Doubt – NAP!
Good luck everybody.
Lads,
Grand National selections (or others) on here today please…
I’m pretty sure that the winning memories of Red Rum (1978) & Grittar (1982) plus the countless hard luck stories including Spartan Missile, Zongalero, Durham Edition, Uncle Merlin etc. are a big factor in my interest in the gee-gees today.
Good luck everyone… hope that someone finds that elusive GN winner !
Cheers, fleagle1888
Lads,
Week 36 results are updated here :
http://www.celticquicknews.co.uk/tax-man-cometh-scottish-gov-front-after-oba-protests/comment-page-17/#comments
16 roads has extended his lead at the top of the table, after napping Duke Street @7/2 last weekend.
Cheers, fleagle1888
Goonyella…5:15 Aintree.
What’s the difference between Leninism and Trotskyism?
Don’t ask TSD,he clearly hasn’t a scooby.
Ooooops,wrong article!
Sorry,lads…
Collum on the whistle today at Motherwell. Although he has been on his best behaviour since his brainstorm at ICT-Aberdeen game,
http://uk.soccerway.com/referees/william-collum/45012/
all the ducks are in a row for him to “have an impact” on this game. Live TV, Celtic, a significant game for both teams, a traditional hard place for Celtic, a rejigged Celtic DF, a return to the big time for Collum and Celtic’s next game being a SC SF.
Unbelievably, Paddy Power are 11/10 Celtic over 10 points. The bet wins with 2 Celtic yellow or a Celtic red card.
The anticipated circumstances of the game, ie Celtic to huff and puff against inform opposition, their longstanding absence of a ‘plan B’ and the anticipated bizarre display by Collum, all suggest that the routine 6+ Celtic corners should arrive.
4/6 Skybet (away over corners market).
Both prices are wrong and have been backed accordingly.
Modest profits will hopefully assist in Grand National expenses.
Be lucky, Bhoys.
3 against the field in GN
THE DRUIDS NEPHEW
GALLANT OSCAR (not necessarily through sentimentality
GOONYELLA
All priced 16-20s, shop about
Bet 365 apparently refunding half stakes on losers?
All 3 selections performed eye catchingly at 2015 Cheltenham, have been trained this season with today in mind.
Goonyella needs extreme trip and soft so hopefully will go close.
GOscar form recently franked by Bless the Wings at both Chelt/Irish GN.
In a terrific National I’ll go for
SILVINIACO CONTI
Best of luck
EC67
Got time to pick a horse today and then find out……everybody else has picked the bloody thing.
Will go for The Last Samuri 5.15 Aintree instead.
You should learn to walk before you crawl.
C’mon the Ronny Deila, C’mon the Ronny Dee.
Look under the Celtic hood
National 17:15
Morning Assembly
HH.
Goonyella has the look of a National winner, however It appears the majority of CQN’rs have adopted the same train of thought? So I’ll go with:
*Many Clouds @5.15 Aintree
Nap today Lingfield 310 Winterlude
Good luck everyone
Saint Aire for me for the National. Yes Bet365 refunding 50% stake on any losses in National.