It’s not often CQN quotes the Daily Record, so hold onto your bonnets……….
Most of us have been watching the old media/new media for years. Actual news is now well and truly in the domain of the new media but when it comes to some matters, the authority of the old media seems to be greater than the new.
Think back to those scenes at Inverness last year when Jelly ‘n’ Ice Cream was given its first outing. That reaction came after the Daily Record put their weight behind the notion that many of us had been saying for weeks/months/years, that Rangers were going out of business. It wasn’t actual news, everyone had heard the same stories many times, but when the Record went on-record, the remaining doubters were convinced.
Viewed through this prism, when today’s Record raises the spectre of police and liquidator action, even the most sceptical must know things are serious. This morning they urge Newco’s chairman Malcolm Murray to:
“Tell the stock market his board understands the explosive nature of Whyte’s claims and that they are on top of their duties. He should order his own investigation, hire independent accountants and lawyers to examine all evidence, while co-operating in full with the police and with liquidators BDO.
“That’s the kind of decisive action Murray should be taking this morning and I suspect it’s precisely what he wants to do. But if he does not emerge at some point today or tomorrow then it means he is being undermined by his fellow directors who have baulked when implored by him to do the right thing.
“His allies – if any – should go with him because if they share his concerns but fail to act upon them they too risk massive reputational damage. Maybe even worse than that if the police become involved. That’s how serious the situation has become”.
The allegations made by Craig Whyte last week are more serious than any charge previously levelled at a football club board in Scotland, infinitely more serious than what has been alleged about Craig Whyte, Sir David Murray or Campbell Ogilvie. They have, of course, come from a man who has been shown to be liberal with his use of facts, but they have been made about Green, who has admitted he tells people what they want to hear in order to get his way.
The Record have also realised the consequences of Green and Whyte colluding during the administration process:
“Green was eventually allowed to pick up the club’s assets for the paltry figure of £5.5m. A deal agreed with Duff and Phelps which excluded rival bids from any other party.
This was as unfathomable agreement that may have cost creditors millions – and which was triggered the second Green’s group stumped up enough money to secure preferred bidder status.
Now it has been further claimed that in order to help scramble that deposit together, Whyte dumped £137,500 into an account belonging to Ahmad’s mother.
Again, this will be of great interest to the authorities because, essentially, this was the very moment Green and his backers were given a clean run at picking up a £50m business for a pittance.”
Newco’s independent non-executive directors, including the chairman, are in a difficult position. If they were not previously aware of the collusion between Green and Whyte they may be of a mind to resign, but as non-execs, it was their job to look after the interests of stakeholders before the smelly stuff lands, which they have clearly failed to do.
Scottish football has had a troublesome couple of years as it prepared for and dealt with the consequences of the liquidation of Rangers. Unless Whyte’s claims can be proven to be without foundation, and unless BDO take a kind view of Charles Green’s agreement with Craig Whyte, the months ahead will at least provide some finality. Stewart Gilmour at St Mirren will have a great deal to think about ahead of his board meeting on Wednesday.
Just think, without so many people backing Charles Green the ‘Rangers’ brand could be in the hands of Brian Kennedy right now! If you see someone preaching the gospel according to Charles Green, don’t try to undermine their faith.
Photo by Vagelis at Biglens
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Pogmathonyahun aka Laird of the Smiles
08:13 on
9 April, 2013
Now at 26, could it be number 1 this week?
——————–
Think it’s No 18 now
Had to get No2 daughter to purchase for me
Is Charlie giving Yorkshire a bad name? Is Yorkshire full of Charlies?
Is it possible to be racist about an english county?
Ive bumped into quite a few white settler yorkies up here and I think they make Aberdonians look generous by comparison.
Ive just remembered my mothers from there.
BAMBOO
Careful,you’ll be giving Charlie ideas about hosting a fleg day….
croppybhoy
How are Sevco going to make a couple of million a year?? From pie sales??
.
If You Hate Someone for over 20Years ..
That is 20 Plus Years they Have Lived Rent Free in Your Head..
Not to Mention Poll Tax..;-)))
Summa of DetachmentCSC.
vmhan/SmashingMilkBottles
Surely Zombies are technically dead already?
————————————————————–
having watched the walking dead from 1 to 3
zombies sure are died
but to banish them from this world
the old bullet to the heid puts them in the grave
a bit like when craigy whyte arrives back at ipox
and puts sevco in the grave
a zombie has feelings u know ;-)))))
because all the ones i know are hurtin like hell
jam67
BBC News still trying to convince us we lost a “natiional treasure” yesterday.
The Onlooker
I think the price of season tickets coming down is inevitable.
A 16 team league will allow Celtic to do this. It also allows the club to take part in more pre-season and mid season friendlies/tournaments that make us more money from one match than winning the SPL does.
To look at the big picture I think bringing is a bigger (16 team league) needs to happen from a national team point of view too. The Scotland team will be better served with a 16team league than the current format. Players will be able to play with a bit more freedom if they know they will be in the top league for a few years. At the moment 25% of clubs are concerned about relegation each season and this leads to the hammer thrower style we are watching most weeks. Players risk losing their jobs with relegation.
Look at Dundee. They have followed the age old trend of getting an ex Ranker hammer thrower as manager because one thing is certain. they will kick everything above the grass and have more chance of winning games than trying to play fitba.
A bigger league will produce a better product on the pitch and the reduced tickets across all stadiums will allow more people through the doors. It must happen. Prices have to come down. People just can’t afford to go to the fitba regularly anymore. In ten years time if the prices continue to rise it would cost over £60 to watch an SPL game. My wages are not rising at the rate that the SPL prices are!
LB
Roma Lazio —–last night.
6 people stabbed .
20 people hospitalized.
Shops looted.
Ambulances attacked.
Police injured.
Tear gas used.
Warm and sunny —way down south.
Barcamole
Give me his first name to jog memory.
Auldheid
Surely there cannot have been two people at Cowglen with the surname Barcamole? :-)
I have been trying hard all day not to hate but I have failed. Ding Dong! The Witch is dead. Which old Witch? The Wicked Witch! Ding Dong! The Wicked Witch is dead
and a wee dram or two. bitter sweet. she had what many of her victims didn’t have, a peaceful life and death.
Good news is that I have no one else to hate. Let’s all laugh at The Sevco
South Of Tunis
11:54 on
9 April, 2013
Roma Lazio —–last night.
6 people stabbed .
20 people hospitalized.
Shops looted.
Ambulances attacked.
Police injured.
Tear gas used.
==========
I blame the GB!!
leftclick @11.30
Perhaps you don’t realise the extent of the bank’s “cut”.
Once the debt has been repaid – via a sell off of assets as the market permits – MIH then has to settle the terms of the bank’s shareholding.
The terms of the bank’s shareholding are such that it is virtually impossible for MIH to redeem the obligations against the Preferred Ordinary and Cumulative Preference shares the bank holds.
Each year, as assets are sold below book value to recover cash, the bank takes yet more equity to backfill the balance sheet loss.
By the time the debt is fully repaid, the company will be worthless, yet the bank will still be due hundreds of millions of pounds in interest and accumulated dividends, plus the coupon value of their shares (currently £382M much of which compounding at Libor +10%)
David Murray works for the bank. When the bank has finished with MIH, there will be nothing of it left. By that time, should he live as long, Murray will be as old as Methuselah.
Tom English @TomEnglishSport 8m
Link to my online chat about Rangers. Green, Whyte, Ahmad, Ahmad’s mum, racism. The works. Starts at midday http://thesteamie.scotsman.com/viewpost.aspx?id=693 …
Spl website crashed?
Jungle jim,
Weston tried to shoot down a guy who linked police brutality at the battle of Orgreave with their actions at Hillsborough. The young man called Owen came across very well, basically saying that the police tactic of heavy handedness emanated from the miners strike of five years previous, and with tragic consequences. Weston would not accept it as a Thatcherite and went off on one, shouting over Owen as he spoke.
setting free the bears 11:57 on 9 April, 2013
Auldheid
….Cowglen
——————————–
As I remember it then in the late sixties/early seventies many of the ‘Celtic’ persuasion worked there, probably because the recruitment process was not a case of ‘which school did you go to?’
South Of Tunis
Is the Italian press blaming Catholic Schools?
I’ll be glad when your dead, you rascal you……………
http://youtu.be/hwLFexFhSb0
oops
The Battered Bunnet
Thank you sir.
I did NOT realise the financial implications for Murray :))
I feared the ludge would hand him it back all shiny ,debt free and clean, so Good news.
Thank you again for info
Where’s Philbhoy these days………….has he not been back since he flounced off, after everyone ignored his friends health problem?
Phil……….if you’re lurking………get back posting………..missing all your kind wishes & prayers….
Paddy & Ryan
XX
Kayal
I’m 99.999999% positive that UEFa have a top limit of 38 games in a top league in each country. Thats why the EPL moved from 22 teams to 20 for example
.
Hear is what a Young Czech Couple think of the ‘Party’ at George Square ..and Our Celtic Family..
Translated from FB..
Personally I would say that for the new year celebrations of one’s death is not in a civilized society. .. political views aside not??? Ugh I mean!
Summa
ICT sunday April 21st then Motherwell away the following week – according to STV Grant.
Celtic are set to be handed the chance to retain their SPL crown when they take on Inverness Caledonian Thistle in their first fixture after the split.
Neil Lennon’s men were forced to wait to claim the championship after their 3-0 win over Hibernian after Motherwell drew 2-2 with St Mirren.
The Scottish Premier League are yet to publish the fixtures in full but STV understands Terry Butcher’s side will head to Glasgow on Sunday, April 21.
It is also understood Celtic will travel to face Motherwell the following weekend.
Ron bacardi
Indeed. I mention that factor in a chapter of an upcoming publication Bigotry, Sectarianism and Scottish Football due out in June.
quonno
11:06 on
9 April, 2013
Do you actually remember the state of the country when Blair took over from the witch?
NHS with demoralised staff, decrepit buildings and 2 year waiting lists to see a specialist, GP funholding gave you the cheapest option.
Schools falling down due to lack of maintanance, again demoralised staff as teachers were the Tories ‘place to go’ for scapegoats, today it’s the disabled and immigrants..
No minimum wage
No Sure start
No FOI act
I made a life for myself because comprehensive education gave me a foothold. 4% of school leavers back in Thatchers day went to University, nowadays nearer 50% go on to further education
University towns and cities have been transformed to cater for this massive industry with accomodation, eateries, drinkeries etc built to cope post thatcher.
She gave us greed, she gave us ‘the city slickers/bankers/sloan street SPIVS,
I didn’t celebrate her death but had a nice claret in respect to the country’s family silver that was reappropriated to her friends.
The Premier League and Football League will not be asking clubs to hold a one-minute’s silence in memory of Baroness Thatcher at their upcoming fixtures.
The former prime minister died in London on Monday, aged 87, after suffering a stroke.
Lady Thatcher was Conservative prime minister from 1979 to 1990 and won three successive general elections.
The county cricket season starts on Wednesday but so far no team has any plans to mark Lady Thatcher’s passing.
There was no minute’s silence before Monday night’s Manchester derby between Manchester United and Manchester City.
As well as Premier League games this weekend, the FA Cup semi-finals take place at Wembley, which come under the auspices of the Football Association.
It is understood the FA has no plans at present to mark Lady Thatcher’s death.
One minute silences were not held in the Premier League when former Prime Ministers James Callaghan and Edward Heath died, although respects were paid after the death of the Queen Mother.
It will be left to individual clubs to decide whether they want to pay tribute
David Icke@davidicke19h
The leader of one of the most paedophile-infested governments and close friend of Jimmy #Savile has died
David Icke@davidicke17h
Police chief Peter Spindler quits Operation Yewtree celebrity sex abuse inquiry for watchdog role
Whatever happened to Steven Messham?
LiviBhoy
Sorry for delay in getting back …. work getting in way
Agree on the prices per ticket but we know that income is linked to our ability to attract / keep players . If we reduce our prices and do not fill the void we lose more players to lower leagues elsewhere.
When I first moved to Scotland in 1983 it was £2.50 to stand in the Jungle and £3 to attend the 2 screen cinema ‘complex’ in your home town.
The Onlooker
Looks like we could win the League without kicking a ball. Rumour is that Motherwell will play on the Saturday.
!!bada bing!!
11:53 on
9 April, 2013
BBC News still trying to convince us we lost a “natiional treasure” yesterday.
……….
Did Craig Whyte pass away???
The Onlooker
I think you raise a good point on comparable entertainment. I think a kid can go to a cinema for a £1 on a Saturday morning. Their parent paying £5-£10. That’s around £11 maximum cost for around 2 hour entertainment in a dry warm environment. Even allowing for some snacks at the over inflated kiosks it is still much more than less the cost of two tickets for a football match.
You could also attend the local swimming pool and still not break the cost of the tickets minus trabsport to attend a football match.
Something must be done
LB
Big Issue of the day
I have an issue with the Green Brigade
On Saturday afternoon during the Hibs game I heard them sing that they were having a party when the Zombies die.
Surely Zombies are technically dead already?
******************
I agree the GB have got it coming to them! Not only are they non-accountbale and undemocratic, I heard them sing about what would happen if Paddy McCourt was sold.
No way have they applied for permission to hold a riot
asonofdan-just said to a mate dont be surprised if SFA try to make title win a damp squib to suit their “armageddon” agenda.
The elephant in the room is Scotland can’t support all these clubs. Within a 5 min drive I have Falkirk, Stenhousemuir, Eaststirlingshire and Camelon juniors.
They are all after the same 6,000 that still go to football matches. Less the Celtic, Jambo and sevco fans that attend their games.
It can’t be done anymore.