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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ET and Sevco fans and players getting soaked in Brechin. Hehehehehehehe!
Huns gettin an early wash.
Lennybhoy
5stars are on seam at bottom of strip (for now lol)
HH brother
Jim Weir’s team-talk under a shed with a corrugated roof. It’s chucking it down and they’re into extra-time. Who wouldn’t want to watch this utter humiliation, this comedy, this preview of the next 20 away games for them. Hilaroius.
that Senegal line up would scare the crap out of the SAS and that`s them just singing the anthem. They look like a mean bunch of mentalists, this could be fun against Uruguay …..
Think brechins superior play and fitness will triumph!
Tears of joy and laughter streaming down ma face.
Still raging at Green I demand an explanation CSC
Can the R*nkers Fighting Fund not buy Fat Swally a brolly….or a Rain-Mate…?
Regardless of how this game now goes the long road back will clearly not be a walk in the park for them.
The Humiliation will force away their “loyal” fans once the bad weather hits and even with league reconstruction you canny see the Fat PLG doing much with those players and a transfer ban.
Happy days.
paulsatim is neil lennon on 29 July, 2012 at 16:54:
Pass, that’s why I was asking, pointless I would have thought having them on a seem that you cannot see…
Keep the Faith!
Hail Hail!
Come on folks, be fair. A draw after 90 minutes away from home against a team from a higher division is a triumph for Sally.
Priceless,elbows whining to the ref about getting elbowed lol.
Brechin should be ashamed of themselves. Third division opposition and they can’t put the them away.
Brechin Quick News will be in meltdown in half an hours time. Their CEO Sandy McLawwell, the sharp sports direct tracksuited man, is thinking more about his bottle of Glenmorangie bonus than he is about getting Brechin in to the lucrative and glamorous latter rounds of the Ramsdens Cup.
Typical.
The huns are gettin’ soaked! Priceless! McCoist trying to look like a manager/coach as he gave the troops a pep talk! Pathetic! Cmon Brechin!
PMSL!!!!
HH!!
Elbows getting a taste of his future life in Div3 and no likee!
Har de feckin har har.
…………..and now go out there and risk your career on this quagmire…….
;)
lashing down now. Nearly the perfect day.
have they been up to their knees in anyone’s blood yet?
Ha! (ad infinitum)
1st day of the season shocker , div 2 Brechin taken to extra time by new club Sevco.
Weir must go, sack the board!
Tears of laughter streaming doon ma face CSC
Hail hail
Bundoran Bhoy – RAISING AWARENESS OF NEUROBLASTOMA (GOD BLESS WEE OSCAR) on 29 July, 2012 at 16:58:
Cheers mate…
Keep the Faith!
Hail Hail!
Does this go to penalties ? Or will they get a ” I’ve seen them given” award beforehand.
Free kick and dead ball now … Canny beat them at football in 90mins. 90k. wages a week. Charlie Green will be well impressed
You can get 289 of these clubs for the price of a Charlie Green season ticket.
HH
Did I just see a Sevco sub wearing no. 12? Surely not!
Snake Plissken on 29 July, 2012 at 17:00 said:
Regardless of how this game now goes the long road back will clearly not be a walk in the park for them.
===================================
To be honest, when they went 1 up I was thinking how could the SPL standard players they still have, particularly the ones who are not rangers minded, not be embarrassed by this?
How long until Wallace, Goain and others walk away?
However, having seen the second half they may feel they have found a league in which they will be challenged and perhaps found their level ;)
bankiebhoy
I know you can walk away tomorrow and play for a club in a top league, but I want you to put all of that in jeopardy. Put your life on the line, your season on the line. And play for me!
Hi. What did green say exactly. I missed that part of the comedy show. Thanks
Redneck for Brechin – allowing a Third Division team to take them to extra-time on their own pitch.
Wallace is he only decent player in thems team …..and they huvnae paid for him
The Obese Paul LeGuen wants to be portrayed as the tortured soul – he wants to be seen trying to ignore the elements as he ‘struggles’. Remember his ‘almost too far down the tunnel to be seen by the cameras, hand shaking exercise’? The guy is a media whore, who has taken all he’s learned from TV and wrapped it in Establishment.
Dick Snowball could give him a nod re hair implants…
U
Where’s their logo badge with their 5 stars on it? EE..HEE..HEE..!
Thunder lightening and hail stones ..replay coming up ?
See Sevco wearing 5 stars on their shorts and tracksuits but not on their football tops this shows us that Sevco themselves are aware of the legal standings concerning the Newco. Although not to be able to buy a full new kit maybe gives an indication of desperate money flow problems.
Panic!!
If Sevco go out will the SFL expand the Ramsdens Cup? Can the Ramsdens Cup thrive without Sevco? IS this the death knell for the Ramsdens cup? Surely we need Sevco in the final as they will bring at least 200,000 fans plus Chelsea supporters to Hampden.
I demand to know……
Robert Tressel
I think there might be one or two more walking away shortly. The foreigners are a dead cert especially if Sevco get a couple of hundred grand for them.
They will struggle all season with call offs from bad parks, young inexperienced players playing against more experienced pros and the demoralization of knowing this will be their place of work for the next few years in the lower leagues.
They should have better players but they clearly will struggle on heavier parks against determined teams.
They haven’t even had a pre-season remember.
scotlands shame on 29 July, 2012 at 15:30 said:
if it looks like a turd and smells like a turd…..
>.>.>.>.>
then it must be ‘the ragers’…
:-)
glasgowbhoy on 29 July, 2012 at 17:03:
“Did I just see a Sevco sub wearing no. 12? Surely not!”
What are they bringing all their fans on in a desperate attempt to cause an upset?
It wouldn’t be the first time they have entered the pitch right enough.
SevCo’s next game is against East Fife in the 1st round of the LC in ten days time
A 1945 ko. With their wage bill they will need a crowd in excess of 30,000
Now imagine if the game is shown live?