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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I wouldn’t wish an injury on any footballer, but in Black I will make an exception, I hope someone does him big time, I will also extend that to clubfoot, they and a few of the other huns are a disgrace to the profession.
Fan shouts to Broadfoot ‘get yer head up’. To be fair, it’s more the knuckles that need lifting.
Celtic would be 10 up against Brechin without breaking sweat. The Sevco lineup was as close to the last year’s RIA
Just waiting for the cracked Sevco crest lol!
Lovely goal by Brazil in the real football game – 3-1, game over.
as makes no difference.
Just watched the Brazil game. Who is this Rangers everyone’s talking about? I thought they died? #NoOldFirm
Just turned Alba on, interested to see what strip they were wearing…
Same top, same badge but no five stars…I know the retro tops I’ve seen have them on the sleeves but their tops today do not have them on the sleeves.
Anybody else notice?
Keep the Faith!
Hail Hail!
Bottles crashing
What players are going to join this mob ??
if that`s Brazils “second string” , then football is truly blessed.
Rob McLean on Shortbread just said it’s, “106 years old Brechin against weeks old Rangers.”
Superb third goal for Brazil in stoppage time. Neymar sets up Oscar with a back heel. Most of this Brazil team are in the full squad and it will take a great team to stop them winning the World Cup in 2014 on their own turf. FT 3-1 Brazil.
Anything else worth watching? Brechin going into ET ?
Swally been tearing his hair out?
Looking at the FPLG’s head he’s gonna be calling Carpetright soon.
Absolute weirdos
Woman’s beach volleyball on the BBC and a lot of so called Celtic supporters have developed an interest in watching lower division football
….any fighting in the stands……….. yet?
Fat Sally keeping up his cup record. lol!
2 mins of injury time….
T4
Just to annoy the SevCo hordes even more
Laughatme scores for Sion in their 3-0 win at Luzern
…when’s the penalty?
Page 3 or Div 3, you’re still pretty much talking about tits.
Bloke, it’s brazil under-23s with overage players. Still a hell of a lot better than what you’re watching. Just saw Neymar brilliantly set up a goal.
Lennybhoy…Supporting Neil Lennon and CFC until I die on 29 July, 2012 at 16:51 said:
Just turned Alba on, interested to see what strip they were wearing…
Same top, same badge but no five stars…I know the retro tops I’ve seen have them on the sleeves but their tops today do not have them on the sleeves.
==============================
were they not hidden away on a seam down the side of the shirt?
Are you sure it to extra time? I thought the park was needed for the local car boot sale.
iBhoy
Depends what you’re after. Comedy value here. Extra-time comedy value at that,.
Oh Dear…
lol!!!
and the Gold medal for humiliation goes to……..
Wee Aiden scores Spartak equaliser in their 2-1 win. Joint top the table now Spartak
1-1 at Brechin. Humiliation for SevCo
I know I shouldn’t be watching this but it’s the same if you pass a car crash u just can’t help but look.
BTW ……….green must be asked to explain exactly what he meant by his comments…………..
Still raging CSC
Like the Senegal strip.
Would like Celtic to bring out similar
Blood and snotters Ramsden cup game with two evenly matched teams lol!
This is brilliant
Ah the rain, thank you :oD)))))))
1-1FT
Totally embarrassing ..even if they do win in ET
Thems have seven full internationalists playing for them
Btw their three youngsters are cac…if that’s their best three they’re in bother
Sally’s appalling cup run continues
1-1 full time monsoon conditions as city take cover .
Extra time
PMSL laughing at the drookit sevco and the increasingly follicularly challenged Fat One.