Sevco owner, Charles Green, got himself a bit confused last night when talking about Celtic, saying, “Our main rivals, or our former main rivals, across the city, they have had three different companies in their lifespan. In fact if you look at their corporate structure now it’s more complicated than Rangers”.
For the record……..
Celtic were formed in 1888. The officeholders of the club accepted personal liability for all debts until the club became a limited company on 12 April 1897. On that day registration number SC003487 was given to The Celtic Football and Athletic Company Limited – a private limited company.
In 1994 Fergus McCann opened the club up to 10,000 supporters by making the club a public limited company, which then became known as Celtic PLC. It is the same company, with the same registration number, SC003487. On the same day the company became a PLC, Fergus, in his wisdom, registered a new company, with exactly the same name as the old company (The Celtic Football and Athletic Company Limited), in order to prevent another party registering the name, which retains an historical association with Celtic. The new company is wholly owned by Celtic PLC.
Celtic now have in the region of 29,000 shareholders. They, alongside every shareholder in our 125 year history, have made sure that every debt was settled. Go to Companies House web site, click ‘Find Company Information’, search ‘CelticPLC’, for 115 unbroken years of limited liability history.
Swept aside
Green’s problems, of course, are not that people don’t understand Celtic’s corporate structure, they are that last month he told a BBC TV camera that if Rangers were liquidated “the history, the tradition, everything that’s great about this club is swept aside”. Even he must suspect that he is not the best guy to lead his new club forward.
On the alleged illegal registration of players issue, Green was more contrite: “HMRC has still to reach a decision or announce their decision. I understand the SPL has put a panel together to look at this issue and we will contest it every inch of the way. The view of the club, the fans and indeed newcomers like myself is that those titles and those games were won fairly and belong to this (sic) club. We will fight it to the finish.”
At last we can agree. If Rangers won trophies fairly they must (and will) retain them. Speaking to Sky News in March Sir David Murray could not have been clearer that no Rangers players had dual contracts while his board was in charge. If this is the case, Rangers have no case to answer.
However, if the old Lumley-troubler’s memory of this issue has failed him, then matters will take a different course. If Sevco inherit Rangers SFA membership, they will be looking at many years of penalties to compensate for their decade or more of illegal player registration.
Prima Facie Evidence CSC.
The first issue of CQN Magazine for the new season will be with you soon. If you would like to advertise, drop me an email, celticquicknews@gmail.com.
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Oh yes
away to read the article now
Hail hail the Celts are here…..the
huns are somewhere else.
and again a hatrick :)))
Kicked off the line by VP ;)
HH
Commons looking doubtful for Wed night according to Lennon.
Paul67
Here’s hoping ole Charlie reads CQN,
just to keep himself right.
Always have been. Always will be. SC003487.
Tweet That.
Good Article Paul
Now what about Juhninos EBT and the Lawell Regan Fenian Conspiracy to subvert the worlds most successful club (eh apparently that was Rangers (IA) soon to be (IL)
Insert smiley face here
Paul67
Lumley-troubler. Ouch.
Charlie probably doesn’t believe any of what he said anyway. But he had just backed down and had to placate the angry masses. He may well fear for his safety, who knows?
Chuck is a sitting duck
Sevco = disaster waiting to happen
HAIL HAIL
gallagher on 28 July, 2012 at 17:01 said:
Kicked off the line by VP ;)
HH
————————————-
Now now,don’t get greedy G,look what
happens when you get greedy,you may
stop paying taxes,you may wash yir money
or you get a big belly like sad sally
Ole Charlie should try and get his own decrepit house in order and let his manager pander to the bigots.
Glasgow’s Green and White.
See that Charlie…….he’s a proper Charlie !
Kris Commons’ injury, how disappointing. If I were a Helsinki representative the one player I would gladly have missing Wednesday’s game was Kris. Sod’s law.
Awful feeling a deal has been done to get them back in the top league next year – or as close as dammit.
Otherwise there is simply no sense in players like Black and Beattie signing on.
VP 17.05
I’ll have you know i’ve just paid my penalties for being late to HMRC, I wish i had a surplus to wash/launder and this 5ft 10″ 11stone 52yr old has a stomach like a washboard ;)))
HH
An Absolutely Fab article Paul; no wonder ole Lumley hangs about with the Ghurkas:)
Jeg er Neil Lennon-Greeninbingley on 28 July, 2012 at 16:43:
“Agree with all you say about Gravesen – i watched him at Goodison for Everton and was ecstatic when we signed him.
“Only thing i could say in his mitigation was that his life was apparently unravelling when he was with us, which ended up in some kind of a breakdown after he left us.”
That would explain a lot.
Like you, I was really chuffed when we signed him from Real Madrid, but I quickly realised he was a liability for Celtic – and an expensive one at that.
from previous article
….PFayr on 28 July, 2012 at 16:46 said:
re Bangura, appreciate what you’re saying; if he that bad though, I’m surprised he’s even getting opportunities at all. There must be something that Neil likes about him, or he wouldn’t even be there. Jury still out for me.
gallagher on 28 July, 2012 at 17:11 said:
Remember when I was 11 stone,I was 16.
Some memory eh?
ItaliaBhoy on 28 July, 2012 at 17:08:
When did common sense dictate the actions of people at Ibrox?
Larrybhoy
I hope your right …
Canae see it masel
Paul67 – thanks for including the link to the interview with Charlie, I hadn’t seen that before. And glad that his(your) quote came just 1 minute 50 seconds into the 15 minute interview as I couldn’t be bothered sitting through any more! Unlike your own interview the other night, obviously ;-)
How on earth can sevco sign anyone? Who is paying the weekly wage bill for these guys? Some of their players are still earning five figure sums of money.
On today’s game, who gets to choose the MoM award? How Vic or sami were not in the frame was beyond me. Disappointed in the size of the crowd today. Even with holidays I thought us v Milan would be a bigger draw.
Could be worse, we could be playing on the chipshop cup in Brechin with borrowed strips and no proper name I suppose.
HH
Sometimes you just know that a player isn’t going to make it at Celtic Park, unfortunately Mo Bangura, in my opinion, is one such player. Another is Kelvin Wilson who may be heading south soon anyway.
Thought Big Vic looked the part today. Don’t be surprised if Inter send a couple of scouts our way between now and Christmas.
Worth the money for me and the wee fella just to see the Commons goal!
Regarding Bangura I’m beginning to think he’s a similar level to Murphy or at least no better.
The fact that he hasn’t looked like scoring should have alarm bells ringing.
I hope we can get a natural finisher in asap, even big Rasmussen would be a better shout. At least he has scored for us.
HH
/Bishop B
Green is a spiv who is just realising that accurate comment is not welcome at Hun FC
Hence his volte face re history etc
Quality Paul quality, Ole Charlie like his little mucker Sally are both suffering from the fact that they are in jobs that are just too big for them..
CEO and Manager of a Scottish Third Division Football Club which is in fact the fourth tier of our netional game is just a stretch too far for our intrepid dodos.
They should have started somewhere that matches their skillsets like under 18’s or something similar!!
Both seem to be losing the grasp on reality which is an absolute for running a SFL3 club and are harping on about a past and indeed a future which doesn’t exist, therapy beckons for both as they recover from this delusional behaviour.
I’m sure tomorrow’s match against the mighty Brechin City will hammer home to all concerned just how out of their depth the Desperate Two are…
Mon The Brechin..
What is the Stars on 28 July, 2012 at 17:04 said:
==========================
Tell you what mate if we played Juhnino’s whilst incorrectly registered we should be taken to task. Just as long as the “Worlds most successful club” are dealt with likewise.
I listened to Andy Cameron on Shortbread today. Like so many huns he got a bit upset about the cheating allegations. He appears to be of the opinion that we have no right to call them cheats until they are found guilty of the BTC. So are all huns going to put their hands up when the BTC goes against them ?
VP 17.13
Short term or long term memory loss is it or like our defence,a sieve ?
Only jokin about the defence i’m a happy clapper, who in spite of really being 18stone wi mair chins than a chinese phone book i’m happy wiTHIN myself :)
HH
Can we call it fourth division or fourth tier from now on?
PS. Hope Solo’s team 0-0 v Columbia.
I’m not sure we should be even responding to his comments …
Hail Hail.
Cathal.
Paul 67 –
It doesn’t bode well for this new club when they appear to be building their foundations on deceit.
Good article Paul, read CGs statement last night and it made me cringe, as well as moistys pash about celtic fans feling sorry for them blah blah, been punished too much blah blah.
Paul do you think PL will come out with a wee statement to put charlie right? i.e. the fact that we have never suffered Liquidation or even administration for that matter? Would love PL to mention that the old firm tag is past tense now never to come back as they are a newco, that would ruffle a few feathers.
Anyway pretty dissapointed with the home crowd today, whits happening we cannot get a decent crowd to watch Inter.Where was the GB? Decided to take the car as our supporters bus was sharing with another, pretty fast getaway. Thought we played ok today, albeit not creating enough chances, thought Inter’s best spell was the last 12,13 mins when we were down to 10 men, gutted that my namesake equalised, off now to change my moniker….
Hail Hail
Good afternoon CHAMPIONS
Great article Paul, didnae miss ole Chuck and hit the wa.
Weefra HH