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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Half time 1-1 fair result bellarussian’s are resolute brazil are finding there groove.
…SO FECKIN SHOITE!
Watching this is torture…..sevco are not going to sell SB’s for this every week …. Did you see rougues gallery there …..LOL …… OH, HOW THE MIGHTY HAVE FALLEN….!!!!
AAAAAHHHHAAAAAA!!!!!
Huns defend in numbers ,at corner.
I suspect the masonic hand of sir watty in this.
Brechin score
Yeehaaa 1-1 !
T4
DOOOOO DOOOOOOO
ha ha ha ha ha 1 -1
GOAL Brechin!!!
Well well well well well. :)
…..and now it gets ‘ugly’…………………………
Hahahahaha.
Yesss!!!
Get in there. My tenner on Brechin is looking good.
Brechin score
HAHAHAHAHAHA
YAAAAAS
dancer
LMAO
Brechin equalise 1-1
Nice goal son!
GOAL !!! Brechin :)))))))))))
Take that back:O)
Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha
The first goal ever conceded by Sevco.
GOALLLLLLLLLLLLL
order restored,2nd division team score.3rd division newco shock may not be
on the cards. half time approaches 1 each.
wrt Miguel Cervantes…………
“For in those plains and deserts where they engaged in combat and came out wounded, it was not always that there was some one to cure them, unless indeed they had for a friend some sage magician to succour them at once by fetching through the air upon a cloud some damsel or dwarf with a vial of water of such virtue that by tasting one drop of it they were cured of their hurts and wounds in an instant and left as sound as if they had not received any damage whatever.”
Really is time to move Celtic.
No succour here for us.
The baw is well and truly burst!
Regards & Hail Hail
TBM
ASonOfDan@15:44
‘I cannot see Goian and Bocanegra putting up with this for a season’
The reason they are still there is because their agents cannot get them as good a deal than they are currently on at SevCo
Ha ha. Brechin equalizer!
…questions now must be asked about The Ally’s competence………….for the third division.
Shirley?
Schadenfreude
What does that mean again?
U
Just fell off the couch laughing…….
ya bums, you made me flick over for a second, back to Dr Who now.
Ya dancer I missed it as well….
Just woke the cat up with my laughing,
wife telling me to shut up,is that grounds
for a divorce?
Glasgowbhoy
Green has no money.
SFA dont want to and are not allowed to rumble the sting
HH
I have tears of genuine laughter running down my face.
Come on the Brechin
Mtt
Todays ‘event'(!!) at the Hedge stadium is the latest chapter in a never ending saga of deceit and corruption unparralleled in the annals of fitba’!
They are being billed as ‘The R*ngers’ – some mistake surely?! Is that not the old club crest (boak!) that they are sporting? Is Hector tuning in to this farce? Are BDO sharpening their pencils in anticipation? I feel bloody sick – going for a cold beer or six!
HH!!
Brechin fans singing just can’t get enough
HAHAHAHAHA
I am not watching any more. I could die laughing