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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Kris Commons @kcommons15
Enjoyed the game 2day especially 1st half and capped off with a TAP IN!But ended on a sour note with a swollen ankle. Fingers crossed 4 wed.
Anthony Stokes @stoksey10
Ankle is not broken, bruised and swollen but hopefully it’s not too bad! Will be on the ice machine for the rest of the day… Shud b fun!
roy croppie,
Was Rogne rested yesterday rather than injured?
saltires en sevilla on 29 July, 2012 at 08:54:
Well done in reaching the 50s Club…I will be joining it myself soon, God willing…
Keep the Faith!
Hail Hail!
voguepunter on 29 July, 2012 at 12:48 said:
>>>>>>>
Big car…..
wee…
…club.
HH!
Gordon_J
Yip, Rogne was rested as was Scott Brown, he had surgery in June and they are being careful with him.
A warning for the good people of Brechin…………
Lock all doors and windows, batten down the hatches, don’t go out in daylight.
If you don’t believe me ask the residents of Manchester, Birmingham, Newcastle, Barcelona and every SPL team.
Don’t say I didn’t warn you! The Sevco billy boys are in your town, lock up your womenfolk
Good game between the kiwis and egypt on just now 1.1 54 min
HH
PFayr thanks, sounds like well over 40,000 mark, not to bad considering the financial climate.
Talking about climate, its hissing down again so decided to stay in today ……. fridge beckons :¬)
HH
miki67
Don’t know about virgin but you can get BBC Alba on this frequency by adding channels.
11954
H
27.5
2/3
Brechin DJ…….?
“Send in the Clowns…”
Good chance of lighting thunder and hail stones at Glebe park today mmmmmmmmh.
HH
Who’s the MIB for todays joust ?
Will he be from the Turnbull Hutton type mould of sporting integrity or the Thomson, Gollum, Murray, Norris, Dallas school of match fixers ?
I’m with Auldheid and TET on this refs thing, unless and until we get uber transparency on selection and independent accountable performance assessment then we’ll all be spitting feathers about honest mistakes for many a year to come, imho.
HH
Brechin DJ
“Who are You?”
The Who
gallagher
The most ironic thing for me is all their years of cheating on and off the park, they still can’t dominate us.
Just goes to show how good we really are.
Sort the referees, sort the problem, simples…..
TET
ABSOLUTELY SPOT ON……AND THEY CAN ‘TAKE THAT TO THE BANK ‘ …..no, sorry….no bank will have them…..LOL
ASonOfDan on 29 July, 2012 at 12:48 said:
Hateley saying they should sign Andy Goram. Will be like signing two players and can play for RangersIA and Sevco at same time.
Burghbhoy on 29 July, 2012 at 13:12 said:
A warning for the good people of Brechin…………
Don’t say I didn’t warn you! The Sevco billy boys are in your town, lock up your womenfolk
==================================
Dear God you forgot to tell them about the livestock……… is it too late?
Goat owners: act now!!!
Brechin DJ –
Poison…….
If Brechin score, I’m heading for the local…….all bhuns ……and they ALL know me ………LOL
Auld Neil Lennon heid on 29 July, 2012 at 13:27 said:
ASonOfDan on 29 July, 2012 at 12:48 said:
Hateley saying they should sign Andy Goram. Will be like signing two players and can play for RangersIA and Sevco at same time.
—————
aGREED.
Brechin DJ
“Please, please, please, let me get what I want” The Smiths
Dedicated to FPLG
From Hitthebyline.com.
How old media killed Rangers FC….and how new media danced on its grave.
Posted on July 28, 2012
PART 1 – How old media killed Rangers FC
by Mr Custard – a Hitthebyline contributor
A grand title with lofty claims. How can this debutant guest writer live up to such outlandish claims and roll with it? No bother at all. The truth is out there. The internet bampots have had their whiff of power and they like it. The new media do it for the love, do it because it feels right, do it for the banter and incessantly because they want to. The old, tired media have been caught with their pants down. They have had their day in the sun. Technology has caught up. Move over Grandaddy. The people are the new media; more power to them.
David Murray in his pomp had the Scottish media in his back pocket, and in many respects this was to be expected. A brief rattle through the history of time here:
The Murray/Souness era began in 1986, and after 9 barren years, they won the Scottish title at first ask. This was helped in no small part to the free spending of Murray, backed by the riches of his then thriving steel empire and the accidental advantage of being able to offer top English internationalists European football during the post Heysel English ban. It was a mighty roll call and it brought in the honours and fans, leaving in the dust the like of Celtic, Aberdeen and Dundee united who had dominated the last decade of the Scottish game with the latter two successful in Europe also: Butcher, Woods, Steven, Stevens, Francis, Wilkins, Roberts……they crushed everything before them. All bow to David Murray, the chequebook ruled supreme, he had invigorated the Scottish game? Hail to him! Without going over old ground, we have heard all the quotes ad nauseam lately… “deep pockets”, “succulent lamb”, “for every fiver…..”, “there is a massive moonbeam of success waiting for us” etc etc. Rangers and Murray could do no wrong as a sycophantic and compliant media knelt on their very knees to grace the new messiah.
On the other side of the city an old, tired, going nowhere family dynasty was being ousted by fan power, who were sick of being second best to their loud next door neighbours and demanded change. Rallies and organised boycotts appeared within a siege mentality to counter the newspapers who week after week, season after season, put the boot in, mocking the hoops, their biscuit tin mentality, “celts in crisis” endlessly bannering each sports page, staging a hearse photoshoot outside Celtic Park. There was an uprising, people putting their money where their mouths were to force change. With the club finally on the up, Wim Jansen’s Celtic stopped 10 in a row. A sleeping giant had finally woken up, and now had a shiny new stadium boasting the highest capacity football ground in the land.
The height of Rangers big spending was during the Dick Advocaat ‘Oranje boom’. With a bruised ego due to failure to reach ten in a row Murray dealt with the defeat in the only way he knew – by spend, spend, spending. Circa £60m in funding obtained from ENIC and Joe Lewis helped this. 5 out of 6 domestic trophies were won in Dick’s first two seasons and still the big signings kept coming. Nothing could go wrong, or could it?
Murray the ‘money man’ enjoys a good laugh – and with good reason.
Indeed, what could go wrong? Just sit back and watch the carnage unfold. After the hit and miss of Jo Venglos’s tenure and the flop of the Dalglish/Barnes partnership Celtic finally struck gold with Martin O’Neill winning the treble in his first season and overturning the points deficit in his first season by 35 points. O’Neill’s first signing was Chris Sutton, a snip at £6m from Chelsea. The team was further galvanised by the signings of Valgaeren, Thompson, Agathe, Douglas and teacher’s pet, Lennon, who joined the existing players of calibre of Lambert, Boyd, Petta, Moravcik, Petrov and Larrson. The first derby meet in August ended 6-2 to the new pretenders with Chris Sutton scoring in almost the first minute. So how did David Murray react to this? True to his word he literally spent a tenner for Celtic’s fiver. He outdid Celtic doubly by paying Chelsea £12m for Tore Andre Flo. A symbol of a last throw of the dice gamble to try and stop the switch of power across the city. An epic fail. In total Advocaat spent over £80m on transfers, meaning an unsustainable £50m net spend. Ouch. And also a debt of £50m too.
So what happened next? With Celtic in rude health and able to meet and exceed Rangers spending power something had to be done. Over the next few seasons Rangers began to try and gain back their spending advantage by playing fast and loose with an EBT scheme, the brainchild of flamboyant pornographer Paul Baxendale-Walker to bypass the traditional PAYE and NI route that football clubs traditionally took, necessitating the use of dual contracts that weren’t lodged with the SFA. So that was a saving made. What about a share issue? Well that didn’t work. How about selling the jerseys and closing the Rangers shops and doing a deal with JJB to gain £18m short term? Who cares about the long term? Murray being such a good salesman would have offloaded the club by then wouldn’t have he? How about selling Barry Ferguson and Jean Alain Boumsong for a tidy total of £15.5m to Blackburn and Newcastle United? Who just happened to be managed by Graeme Souness who for some reason was himself a beneficiary of the EBT scheme a decade after he left the club. Things that make you go hmmm indeed!
And so it carried on, still no alarm bells ringing anywhere. No press questions, even in 2007 when there were simultaneous City of London police dawn raids at Portsmouth, Newcastle United and Rangers FC no press questions were asked. It seems the Boumsong transfer the catalyst for the HMRC investigations. The normal check and tests were not conducted. The media stood idly by. No wait, they did more than that. The media were rampant cheerleaders. Year after year after year of published yearly losses did not result in any probing questions. Hugh Adam’s prophetic words were put down to being the mad ramblings of a disgruntled ex-employee. David Murray had the cheers ringing in his ears and in this vacuum, with no-one there to reign in these stupendous shows of grandeur more liberties were taken and like the boozed up betting addict in the bookies chasing his Friday pay poke doon the swannee the further into trouble he fell, the more dangerous and desperate he got. Criminal are we about to find out?
In 2008 amidst all this debt the redtops circulated stories of £700m super stadiums with floating pitches and Chelsea like villages and super-casinos. Sheer unadulterated propaganda. Anyone with common sense knew this to be a nonsense. People were now awakening to the internet and were reading the source stories on Newsnow and fans forums a full day before the mainstream media put their spin on it. People were now making their own mind up.
So there we are, the “for sale” sign outside Ibrox for year follow year. When the “big tax case” story broke in 2010 we were told there was nothing to worry about. It was being appealed so wasn’t a real bill, and anyway even if it was a bill it would be picked up by MIH. Simples! Murray insisted he would only sell to those who would have the money to progress Rangers forward and along comes Craigy Boy Whyte. The press told us he was a success story, a” billionaire” no less…no scrap that…”off the radar wealth”. So Rangers FC were bought for the princely price of £1 with her Majesty’s head on the back of it. Given that David Murray had priced Rangers FC at anywhere between £150-£200m to the normal guy in the street this seemed a bit strange and still the old media asked no questions. In any vacuum of space something usually comes along to fill this. Rangers Tax Case appeared in this vacuum number 2. Someone had taken to t’internet to raise his concerns on these seeming irregularities. Very quickly there was a groundswell of research and digging which found out by fans of all clubs in Scottish football who knew something was a amiss. With just a few google searches it was quickly apparent that the bold Craigy boy was indeed a shyster. Far from being a success story the t’internet bampots could ascertain he had fled the country leaving a trail of destruction behind of failed companies involving cleaning companies run from portacabins in Bellshill and was heavily involved in Tinkerbell baby clothing shop in Motherwell. Still the media sat on their hands, denied any knowledge of the information now shared in the public domain. They instead printed bogus stories about warchests and the like. The Rangers fans were being openly deceived by the media, if the truth had come out there might be a Rangers still here today, there is not. Rangers FC as we know it were liquidated. A company called Sevco have bought the assets which may yet be reversed by the liquidators and still haven’t secured a place in Scotland’s fourth tier.
The printed lies are being bought less and less, the comedy phone-ins are dropping like flies too. The old media killed Rangers. Goodbye Rangers, goodbye old media. Dressed to kill, and guess who’s dying?
This was the story of how old media killed rangers. Keep your eyes on Hitthebyline.com this week for part two: “How the New Media danced on Rangers’ grave”.
TET 13.23
Hear Hear or is it Here Here ?
Anyways Hail Hail
Auld Neil Lennon heid on 29 July, 2012 at 13:27 said:
ASonOfDan on 29 July, 2012 at 12:48 said:
Hateley saying they should sign Andy Goram. Will be like signing two players and can play for RangersIA and Sevco at same time.
———
Agreed. You’re never alone with a schizophrenic.
Just heard real radio have scuppered the bhun phone-in………one down, one to go ……… Clyde……..if keevins gets the bullet, I’ll need a sedative…….LOL
From Paulo : Wanyama
Saw game today where Victor (captain for day) patrolled and bullied the very strong Inter Milan midfield.
Sneijder never got a sniff!
The boy has already proven himself with impressive performances in Europe last season v Udinese, Athletico Madrid and club Rennes.
I have been really, really impressed with this boy’s fitness,hunger,hardness and all-round game.
And he is known to pop up with the occasional screamer of a goal.
Reminds me of a young Roy Keane.
THE EXILED TIM on 29 July, 2012 at 13:15 said:
>>>>
Thanks for trying to help me out…..but I don’t get tv via sattelite dish…get it via cable,and there’s no re-tuning that.
HH!
67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors
Found this comment on some DEADclub media thread latley dont know anything about it ………
————————
I feel it is only right to mention to fellow b*******s that the recent acquisition of Real Radio was by the Global Radio group.
Global Radio is heavily backed by Celtic chief shareholder and director Dermot Desmond.
HAIL HAIL
miki67
Dodgy stream then :>))
http://www.youtube.com/watch?v=_MlNE9qDmAk&feature=youtube_gdata_player
Brechin DJ
Click on the video linked
How to remember all the footballers’ names
leftclicktic on 29 July, 2012 at 13:41 said:
LLLLLLLLLLOOOOOOOOOOLLLLLLLLLL………..!!!!
The KK*@krys1888
Key point to remember. Rangers FC (IA) remain a full SFA member & are not in action today. A different team with a temporary membership are.
Get used to it Baby..
connie mclaughlin @missconniemac
Weird to see the #Rangers team coming off the bus at Brechin and not recognising many faces.
Brechin DJ
http://www.youtube.com/watch?v=sKASPTQoBSs
paulsatim is neil lennon on 29 July, 2012 at 13:56 said:
prev post NSFW
sorry
leftclicktic,
good yto see people picking up on that at last
Rangers FC Plc are currently adninistered by Duff & Phelps, soon to be investigated for corruption by Liquidators BDO
:oD)))