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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Huns singing ‘when the gers go up
to lift the Ramsden cup ..:O( I’m embarrassed
for them.
When the gers o up to lift the ramsden cup we’ll be there “……….ahhhhhhhaaaaahhaaaaa
Priceless
I think we’ll let them have the Ramsden’s cup.
We’ll always have 1967. This new club’s best hope of a trophy will be this thing.
What a disgusting corrupt übershambles to have THAT team playin’ a competetive match like it was all okay after robbin’ cheatin’ and blooterin’ for decades.
It’s like me rippin’ all of you off,then comin’ back as THE miki67,actin’ like that would be okay.
I don’t think so.
They need to be humbled…….pronto.
TotallyDisgusted CSC
Pretty clear Huns expect league reconstruction asap – no way they can sustain that wage bill for long.
Oh, I almost feel sorry for them. But not quite.
C’mon Brechin!
Foul on Brechin player in the lead up to the goal. Even against a team withmuch lower financial clout. They still have to cheat. Scum
cannot believe that people on here are expecting or asking the SFA to take Green to task for his stupid comments. Waken up!
The SFA ,SFL and SPL have had ample opportunity to kill the beast but have all shat their collective underpants. Today Scottish football reached a new nadir, a club is playing in a fully sanctioned SFA tournament ONLY because of who they were, no other reason.
I would not be allowed to enter my boys team in the local league without sanctions being applied and a “temporary” membership does not apply, so today we see a team called “Rangers” , that`s what they are called on the BBC, playing in full view of the world, shameless. The collusion and acceptance will now continue apace, many people on here said that Sevco would never play again, too bad. Now we expect the muppets who allow them to profit to step in and punish them again.
Scottish football died today and the corpse will feed the bigoted establishment for many a season, Celtic , my club, should play no part in this pantomime.
Time to go.
C’mon Brechin….
miki67 on 29 July, 2012 at 15:15 said:
See if you came back as The miki67..ah would
be pure beelin.
Sevco………giant killers………..!
;))))
Scottish Football’s death certificate will record for history
Time of death 15:00 hrs July 29th 2012
In my view turning the other cheek on this is wrong, we have been turning the other cheek for months now and I for one want PL to tell it as it is.
Ignoring these ignorant rantings in my opinion legitimises what Green and McMoisty are saying.
We now need make a clear and concise statement inlanguage these gonads understand.
ItaliaBhoy on 29 July, 2012 at 14:55 said:
The ditching idea occured to me. Occam’s razor though suggests the man is an idiot.
ItaliaBhoy@15:15
If the leagues are reconstructed for the start of next season, then the fix will have been hatched in the last few weeks
Scottish football will be dead to me if that transpires
94 days have passed since sleekits ” who are these people ” comments.
RRC,
100%
the corruption is complete
THAT REF IS A SIGN OF THINGS TO COME
Little off the park holding his foot
I sincerely hope it is nothing trivial
‘Pattersony’ just said ‘silky soccer’ in connection to ‘Buzz’……….
No, seriously……..
If you had told me this time last year in 12 months the huns (they will always be huns) would be playing Brechin in the Chip Shop Shopachek Cup I’d have bit yer flipper aff.
Relax and grin.
We now need make a clear and concise statement inlanguage these gonads understand.
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I don’t think that pair of thoss pots would understand ”clear and concise”.
I know sevco will probably doo wee Brechin but does the ref have to give Sevco everything and Brechin nothing. The hate filled side below the cameras will be a scary place to be for any Brechin player.
Glasgowbhoy
Have you ever seen an incomplete dot to dot picture and immediately knew what it was ?
HH
I actually hope Sevco go on to win this (cup)… Watching them doing a lap of honour at Starks Park wi the trophy would be the final indignation.
Steven Craigan ecstatic at Sevco’s goal,a great new addition to the Shortbread Loyal.
Sandy Jardine writing script for Green.
…If this was Celtic does anyone else think that the naughty issue of the actual name of the defhunct klub would have been debated at length and with forensic accuracy…………..
Rob, seems a ready convert already.
Aye!
Ten Men 15:13
lol!
Auldheid
Do they have banking facilities in place
Assuming the will operate at a loss who will give them a line of credit ….they would have to be lunatics
jmccormick on 29 July, 2012 at 15:16 said:
I am in complete agreement.
This is a stitch up and is merely the first step in their rehabilitation.
Bring the force of HMRC down on them.
Channel 584 virgin
Belarus 1 Brazil 1
Good game
They really don’t like it when you refer to them as SevCo
I thoroughly recommend using it and watching them nearly combust in anger
Awe Naw…yes, but why so confident? And I’m asking because I hope you’re right. I just have a feeling that they may get one. On the other hand I have no idea how the financials can add up for them?
I had thought that the NewHuns would struggle against agricultural tackling in this game.
But if anything, Brechin are the silkier side!!
Bankiebhoy
The whole thing from name to history to EBTS etc would have been debated at length …..all in a pejorative fashion
Elbows gets elbowed,greeeeaat.
I see the fans are at least acknowledging that “there’s NOT A TEAM like th glasgow rankers” ……. LOL
Seriously, though, the whole thing is a pathetic sham, by desperate men …!!!