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
- ...
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- »
Sevco obviouskly playing for the replay.
‘mon the Brecín.
HH
Newcos fitness beginning to show through, c’mon the part timers
HH
Awe Naw interesting times still ahead that’s for sure. Laughed at charlie at half time begging that the news will revert to football rather than finance. Don’t think so!
Hx2
Horrendous challenge from Black doesn’t even merit a talking to from the MIB
Someone posted on FF that “Broadfoot is struggling at 3rd division level”
To be fair to Kirk, I must point out that they are playing against a 2nd division club.
MJM
Losing the plot now ……He He
Why are Celtic Supporters on here commenting on brechin vs the rangers fc and the Ramsden cup? You can’t blast everyone else for treating the newco like the oldco when you do it yourselves.I suggest you stop talking about them and let them die in peace.
Loving the commentary, ‘McCulloch a whore ye’
Black booked. Same as it ever was.
“The Animal” gets his first card, 73 mins…
In other news, now that Charlie has bigots on his radar, what will he have to say about the songbook today?
Black eventually gets booked when he should be walking towards the dressing room
Black eventually booked
He cop a few sore ones putting it about like that in the lower leagues
Black is black, I see his temper’s back …..wow wow
Handball.
Stonewaller
No penalty.
Pathetic :))))
I reckon Tennents will find out they’re a Sevco sponsor only when the invoice arrives. “Oh it automatomatically transferred over, you know, like the player contracts”, they’ll be told.
Italiabhoy
Curly’s right……Lay off the Teuchters.
It would not be nice if I told you to awa’ an’ eat yer lasagna :)
Toscana ár lá
Broadfoot is one ugly guy.
I see Brechin are wising up and putting a few tackles in themselves. I sincerely hope someone gives Black a supremely sore one.
Black booked what a suprise
Vmhan on 29 July, 2012 at 16:26 said:
Not Frank the footballer but he had an uncle frank who just passed away a few months ago. The family are from the league 9finch road) originally
Can’t believe so many people on here are watching third division rubbish when they could be watching Brazil. Let them go.
Mncelt
I’m curious to see how the new addition to Scottish football are doing.They appear to have a big support,songs that I’ve heard before and a tendancy to cheat.I don’t think they’ll amount to much!
Black booked. 3 high challenges, when ball is there to be played he takes
the opportunity each time to leave a foot in while disguising it as a legal
attempt at gaining possession.
He is an odious wee hun runt.
The huns were chanting his name earlier.He fits their profile.
Tendency that is.
iBhoy
You do know if you’re watching Brazil you’re watching the Olympic squad? Or, if you prefer, newco Brazil.
Not so long ago the Huns hated Black for putting Jellylegs out the game for a few months. Football fans are so fickle!!
T4
I wouldn’t fancy going for a pint in Brechin if the score stays like this.Sevco are the reason Scottish football is in such a state. Playing a div.3 team and the div.3 team are playing what could be loosely termed football. I’m in agreement withTET and others on here—the Scottish referees need to be reined in and told in no uncertain terms that the game needs the rules applid evenly. I’ve seen better officials in Boy’s Leagues.
This is torture …….oh, the sevco are shoite…..
Ibhoy
I understand your point but my golf bets are down on the other channel while I still
have a 7/1 shot still alive on bbc Alba. Whats not to like. HH.
The game finishes today buoys. By hook, or by crook – but most likely a penalty after elbows goes down like a blouse…
U
Has the commentator been on the bevvy?! Can’t understand a word he says! It’s no’ me – only on my 5th beer since this morning! Like to pace myself!
HH!!
Sun advert at huns game”From page 3 to Division 3″ .Brilliant on far side corner flag hoarding
6 minutes til extra time. I may die laughing!
Charlie green looking like the Queen at the Olympics ceremony
Over on DoDo Media they are convinced the ref has denied them a couple of stonewall pens
iBhoy on 29 July, 2012 at 16:40 said:
Can’t believe so many people on here are watching third division rubbish when they could be watching Brazil. Let them go.
==================
Not me iB, I’m on the ladies beach volleyball on ch468!!!
Who would have thought that Brechin could afford electronic trackside advertising?
The Scottish Sun advert says “from Page 3 to Division 3”.
And they are all natural…..!
T4