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
- ...
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- ...
- 31
- »
PL must come out with a statement to put this dangerous idiot in his place. That mob dont need any coaxing to take up violence.
hh
Kayal33, spot on.
Roy – 2 out of 3 ain’t bad :-)
C’mon the Chins !
Stuff Sevco , Stuff the Huns , stuff the corrupt charade that is Scottish football .
A sunny summer afternoon —— bar on a beach , sea like a tepid bath . Frozen Mohito at 3 euros a pop .
Good DJ ——-
Spacer —– Sheila and B Devotion – Spacer.
Crying at the Discotheque —–Alcatraz .
Sueno Latino – Sueno Latino
and then segueing into Joe Smooth’s mighty – Promised Land .
Way to go – DJ .
Buona Domenica tutti !
Vougepunter
Correct mate
“Carthago delenda est”
I’m afraid this is what happens when you appease bullies like Green. You get no thanks for it, indeed see their aggression vindicated and turn it up a notch.
The SFA and SPL may well have contrived to preserve the worst bits of RFC – and make them worse!
Whither the cash strapped scrofulous new hillbillies the day?
Green is rapidly becoming the best weapon we have if he continues to mouth off in the Alistair vain he will destroy any chance they have of playing football, the more loose canons the better as they say down Govan way..
Bomber Sally and now Greeny, carry on boys show us just how stupid and bigoted you really are and mobilse the whole of the Scottish Football Supporters against you again..
South Of Tunis on 29 July, 2012 at 15:00 said:
Gonnae shut up ,yir depressing the rest of us.
BBC Alba using the iconography of RFC in its opening titles.
As clear a case of phoenixing as I have ever seen.
See ALBA are calling them rankers……LOL …….
Happy birthday to ole Cadizzy.
Haw Rizla!
T4
Huns in Gaelic!
AAAAAAAAHHHHHHAAAAAAAAAA!!!!!!!!!!!!!
Dontbrattbakkinanger on 29 July, 2012 at 15:02 said:
Happy birthday to ole Cadizzy.
————————————————-
Happy birthday….?…where do you send the
Birthday cards?
C’mon Sally keep up that cup record that makes you the greatest Sevco manager EVER!!
See the stupid huns have stole the Paddy McCourt chant.
bigotry = intolerant
he sums me up with that description, I am intilerant of corruption. sectarian racism, in fact there are a load of subject I am intolerant about, bigot and happy to be :o)
South Of Tunis on 29 July, 2012 at 15:00 said:
Swap ye for a rainy Swiss valley!!
Promised Land mighty mighty it was always my last track back in the ole day!
Ref…………… George Salmond………………?
…couldn’t be,
could it?
Magic…newco? sevco? shitco? good on
the Alba commentator …. he didnae say the last one.
Celtic respond to Greens bigot remark and then they legitimise his comments. They are not worthy of a response from Celtic. Green playing the orange bigot card strikes me as being the action of a desperate man. They will not get a license next Friday. Brechin will be in the next round if they get beat 37.0 today.
HH
Is that the oldco crest they are wearing, HMRC..????
Why are Bocanegra and Goian still there?!!! That might screw my bet on Brechin….bassas.
T4
MEET THE NEW HUNS SAME AS THE OLD HUNS
Disgraceful ,shameless cretins
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 29 July, 2012 at 15:05 said:
Correct….
Ian Black looks just right in that kind of strip.
Huns coming out, wheres their stars, same strips, no 1873 on the ready badge, 2 smoke bombs let off.
That is some wages for a Third Division team with 600 seasons ticket holders!
T4
This is big game btw….some more of Sally’s cup magic will do nicely
100% correct he’s our new guy on the inside..
“Let The Fools Rage”
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 29 July, 2012 at 15:05 said:
Agree 100%
Let them mouth off. They are doing a good job killing themselves off without us doing a thing as it is.
A cup sponsored by a Pawnbroker, how very apt!
Audlheid@14:53
I’ll need to update this a bit given the SB price is known but I reckon they can only afford £1,636 a week on average say £46,000 pw for 30 players.
Elbows, Bocanegra + Goian fill that £46k a week on their own
IMO Green has been assured by Reagan + Doncaster that there will be a SPL2 for 2013-14, and is now needing SB money to keep the bandwagon rolling
Ach well
Brechin.. you’re mingin.
trialist scores
Awe naw why are you sure they won’t get their licence on Friday? Genuine question!
Cup shock on the cards as 3rd Div side take the lead against 2nd Division Brechin
when the gers go up to lift the ramsden cup we’ll be there :oD)))))))