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.
1,150 Comments- Pages:
- «
- 1
- ...
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- ...
- 31
- »
nice one
Brasil team…
http://www.youtube.com/watch?v=3p3Fqs3Odro
Just heard Alex Salmond on the radio say that it`s now time to move on with Rangers and talked about this being the start of a remarkable comeback as they progress from Div 3 back to the Premier league.
The man is an idiot! Did the SNP not lose out on West Dunbartonshire after his previous soft soap comments? :-)
“Impeach Bawface”
Tallybhoy on 29 July, 2012 at 11:39 said:
If Brechin win, the shutters will be going up all over Scotland, never mind Brechin…….Lepards don’t change their spots
Brechin have had sparkys on 24hour standby making sure the ‘big screens’ don’t break down.
Local police are stopping any cars registered in the London/Chelsea area.
Local police have admitted to being stumped in regards to people wearing ‘old Rangers strips’ as technically they all will be…
u
Ian Black in for the long haul
Published: 29 July 2012
Ian Black has signed a three year deal with Rangers
By Paul Forsyth
THE crazy, upturned world that is Scottish football was underlined yesterday when Ian Black admitted that he had ignored interest from clubs in the country’s top flight to sign a three-year deal with one that has only just been voted into the Irn-Bru Third Division.
The 27-year-old midfield player, whose last game was for Hearts in the Scottish Cup final, could make his debut for Rangers in this afternoon’s Ramsdens Cup first-round tie against Brechin City at Glebe Park, where the relaunched Glasgow club, under the ownership of a new company in Scotland’s bottom tier, will make their bow.
If Black is on the team sheet, it will be as a trialist. Having been granted only conditional membership of the Scottish Football Association late on Friday night, Rangers must wait until later this week to complete the player’s registration, together with that of Andy Little, the striker who has swapped oldco for newco.
Effectively, though, they are both now on the books of the Ibrox club, which is what Black has been waiting to hear since last month. Although dropping almost the entire length of the Scottish football ladder, the man tipped for an international call-up last season insists he is excited by the challenge.
“I’m delighted to be here,” he said. “The move has been a long time in coming, with all the talk there has been in the papers. About four weeks ago, there was a bit of interest shown and after that it was just a waiting game for me. I was really excited to hear the manager was interested in me.
“Now I’m thrilled to get the opportunity. I had a good few other clubs wanting me to sign for them, but coming to a club like this is great. I had opportunities to stay in the SPL, and people might criticise me for not doing that, but I want to win things here now. I know Rangers are in the Third Division, but you only get an opportunity to come somewhere like here once. Playing in front of big crowds will be great. Craig Levein will be at the game today and assured me and Ally that playing in division 3 will not hamper any Rangers players international prospects.”
“It is exciting to be part of things at Rangers just now. To be in the squad that goes into the Third Division and to try to bring the club back to the SPL again is something certain players would like. The whole squad would be remembered for a long time if we were able to do that because, for the club to come through everything it has been hit with would be great.”
It has been a traumatic summer for Rangers, who in their former guise were forced into liquidation, and expelled from the SPL. The club that emerged from the rubble was then denied entry to the Irn-Bru first division. Now, they find themselves preparing for league matches against Annan Athletic and East Stirlingshire.
Today, the first tentative steps of a new era will be taken in a knockout competition for the country’s lower-ranked teams. As if that ignominy wasn’t enough, they play Brechin, a club from the division above. It is a perilous challenge for McCoist’s side.
That is how it will be every week for “The Rangers”, as they are officially termed. Black, whose experience will be vital in what is likely to be a youthful dressing-room, recognises that it will not be easy. “It’s going to be tough for us. We know it’s not going to be a walk in the park. We’re going to have to work hard and in every game. But there’s great ability throughout the squad from our youths through to the first team.”
All in all, it is the most bizarre episode in Scottish football history. Until late on Friday night, McCoist didn’t know whether his club would be allowed to play anyone this season, never mind what his team would be against Brechin less than 48 hours later. Since then, Chris Hegarty and Andrew Mitchell have signed for the club, but with the manager allowed to field only two trialists, they are likely to miss out.
Among the subplots to this never-ending soap opera is the 12-month transfer embargo, which starts on 1 September, and McCoist’s undisguised contempt for the SPL, which is continuing its investigation into the oldco’s alleged use of dual contracts. Suddenly, the SFL are McCoist’s “friends”.
Expect more of that in the weeks ahead. Charles Green, whose Sevco Scotland consortium relaunched the club, adopted a similar tack yesterday when he said that Rangers were through the worst.
“It’s the end of the problems for Rangers, but it will be the beginning for many other clubs,” he said. “I think it will be hugely difficult for Scottish clubs. There is no doubt Scottish football has been going downhill. If you look back to 14 years ago, when the SPL was formed and Sir David Murray started using EBTs … since that time, Scotland hasn’t qualified for a major competition. Incomes have not grown and there really has to be a look at where Scotland as a football business is going.”
He said that there would be no redundancies at Rangers, and claimed that they were on a better financial footing than many of their Scottish counterparts. “It has been a long hard road for the fans but now… Rangers is debt-free. We even saw Celtic appealing for Celtic fans to buy tickets. We are making the same appeal and what we want to do is to set an example to the rest of Scottish football – particularly the Premier League – that Rangers fans are united. We are walking with our heads held high.
“When we consulted the fans, they overwhelmingly said they wanted to go to Division Three, and they have their wish. We as a board and investors said it had no fears for us and we are going to enjoy the journey.”
Believe that should have been “in case.” What’s happening to me today?
The gemme’s abogey……….Simples!
TBM
Lennon n Mc…..Mjallby,
If there is a Greggs in Brechin,it will be the centre piece of a lifeless town. It has always seemed a fairly hunnish town to me but maybe today`s visitors will open the eyes of Brechin`s own pseudo variety and make them realise what we have known for years. ie The Huns are a bad lot.
bankiebhoy1 on 29 July, 2012 at 12:21 said:
Brilliant……RIGHT, CQNers, THAT’S HIS NAME FROM NOW ON
sally = BAWFACE …..!!!! …….LLLLLLLLOOOOOOOOLLLLLLLL … So appropriate …!!!
theglasgowcelticway
You probably remember the promenade like this…..
http://www.flickr.com/photos/marshallpinsent/259871083/in/pool-cleveleys/
This is it now…..
http://www.flickr.com/photos/ianclamp/1411896329/lightbox/
HH
Seen this on RTC earlier
Bawface up to his fat neck in it
corsica says:
29/07/2012 at 9:49 am
15 0 i
Rate This
RayCharles on 29/07/2012 at 3:07 am
Hugh McEwan @ 5.24
However, HMRC gave the Green light to Sevco when they issued their statement.
It was only through fan action that Sevco didn’t end up in the SPL or the First Division.
At best, HMRC took their eye off the ball with their statement.
At worst, they scored a spectacular own goal.
********
Thanks for putting that together. What it actually highlights to me in six-foot high letters is “political interference”. HMRC have been allowed their head on a spike, but they have had to allow a phoenix “rangers” which they would never have normally allowed. I’d lay £1,000 that that is the reason why the Scottish government will never release the records of discussions between Salmond and HMRC (for the avoidance of doubt, let me also add I think Westminster was in on it too).
As you say, that’s how Green et al can carry on as if rangers have never been liquidated.
If the hun loses it’ll be ‘Brechin Through To The Other Side’.
OOOOPs I had Salmond as bawface but SALLY WINS IT :))))
Have we established the status of today’s match?
If Sevco wins, is it a classic cup giant killing on account that Brechin is in the division above?
We should be told.
all new Ford Ranger
http://www.ford.co.uk/Cars/Ranger
Aw Naw – quality!
Just stuck a tenner on Brechin at 15/2. Good price for a team up against an entirely new club!
T4
Any news on the Commons/Stokes injuries?
JJ
Kelvin Wilson has shin splits !!
HH
leftclicktic on 29 July, 2012 at 12:31 said:
Or perhaps HMRC were hoping to maximise the revenue / assets they could use to get some of their money back…?
Jobo et al, any idea how many ST’s Celtic have sold?
When we discussed this back in Sept I thought it was about low 40k? Is there any way of checking that figure now?
HH
So which members of our pioneering sports media shall be sent to cover the big cup game today?
Bedoya has walked out on rangers and the yanks + Goian are not playing.
Should be a good afternoon.
I’m away out for a bit, if der hun are getting beat can someone email or text me so I can get more jelly n ice cream in…..
Thanks in advance
HH
TopCorner on 29 July, 2012 at 12:36 said:
all new Ford Ranger
http://www.ford.co.uk/Cars/Ranger
———————————————–
Needs re-badged.
ernie lynch on 29 July, 2012 at 11:23 said:
I hope we get to find out the detail on the financial link between MIH and the oldco….
Summa of Sammi…. on 29 July, 2012 at 11:21 said:
==================================
There is only one question which your statement propagates:
At the same time?
So who is out for Wednesday? Wilson it seems. What about Rogne?
Commons and Stokes both picked up injuries yesterday so there must be some doubts for both.
The powers that be continue to make it up as they go along; to win in the long run by wearing down, drawing out the shenanigans, marginalising the dissidents, smoke filled rooms and funny handshakes, and introduce some ‘innovative’ (sic) lawmaking, accepting ‘punishment’ on their terms if it’s not too inconvenient eh!
In effect, moving the goalposts, again and again and again and again…………..
All for the good of one group/club/clique/order/member/whatever…………..
Disappointed, disenchanted, disgusted, disheartened, disillusioned, dismayed………….
Disparate (Scotland’s) Football authorities…………..
One rule for one eh!
TBM
Does anyone know the Gaelic for penalty for the club formerly known as R*ngers?
Just askin…
Gordon_J
The manager said yesterday that Kelvin Wilson should make it. Scott Brown, Thomas Rogne and James Forrest should also be okay.
I think due to the nature of the injuries it will be a last minute decision on Stokes and Commons.
Have they got 11 players?
Vmhan
I was at the ticket office this morning purchasing tickets for HJK game
I had a wee craic with the bhoy who was serving about the availability of STs .He showed me the map of the stadium , looked pretty full to me , it is very difficult to get two seats together , a number of singles dotted around
saltires en sevilla
Ah! Holyport, that brings back a few memories – used to drink with my mate from
Maidenhead in a pub there in my crazy Reading rock days.
Happy 50th…….It’s no sair.
Teuchter ár lá
RamonesCSC
Lol honestly guys …..
It just shows you how much the media pulls off the Internet ….
From us bampots ha ha ha
I wrote on arsenal website talking about wanyama that I was at the game yesterday and that he bullied a strong inter mid and that sneijder never got a sniff …
Thathe is a hard working,hard player of huge potential and occasionally pops up with a screamer of agoal from time to time …
And!!!! That me potentially could’ve the new Roy keane …
Now look at this ….
http://mobile.newsnow.co.uk/A/590083636?-10583
That he potentially could be the new Roy keane*
Oh and I also said that he had already proven himself against the likes of udinese athletico and Rennes
Will the bbc alba website be showing the match? I went to the site,but find it difficult to suss whether they will be showing it there…or not.
Down here in Ingurland bbc alba isn’t available on Virgin.
Ta.