Quantcast

Oh Charlie (swept aside) Green, you’ve got Celtic wrong!

1150

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.

Click Here for Comments >
Share.

About Author

1,150 Comments
  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. 8
  10. 9
  11. ...
  12. 31

  1. ElDiegoBhoy on 28 July, 2012 at 19:36 said:

     

    An interesting point from RTC is that the zombies haven’t yet played at their midden and have an away game tomorrow.

     

     

    Not allowed into the midden perhaps?

     

    ——————————

     

    was there not a match report recently where fat sally was reported to be in the directors box shouting instructions, seem to remember it was bibs vs no bibs!!

  2. Paddy Gallagher on

    The last wumin to give me a dirty look was a judge, ah the good auld days. :-)

  3. Paddy Gallagher on 28 July, 2012 at 20:39 said:

     

    The last wumin to give me a dirty look was a judge, ah the good auld days. :-)

     

    ——————————————————-

     

    That was just last week.

  4. An Fear Dearg on

    Good day out at Solitude this afternoon. Great to meet a legend in Danny McGrain, though his beard is a little more grey than when he captained the Celts the first time I saw them in North Belfast in 1984. And good to meet wee Oscar’s father. Hope he and his helpers raised plenty from their collection. And hopefully the wee man will be able to make it up to Solitude to do mascot in the near future.

  5. •-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on

    Apparently the owners of MálagaCF, rumoured to be in financial difficulty, are ‘prepared to listen to offers’.

     

     

    Now that would be better than Portsmouth ;)

  6. GOLDSTAR 10

     

     

    Looking forward to meeting you I will be propping up the bar with Old Tim

  7. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    Interesting……..let the debate begin …..!!!

     

     

    The BBC and Mark Dalys — The Men Who Sold The Jerseys strongly suggested there may be a conflict of interest in Duff and Phelps administration process of the Ibrox club.

     

     

    Lord Hodge while making no comment of the contents of the BBC documentary instructed Duff and Phelps to show him evidence that they had not acted under a conflict of interest and he did that on 22-6-12……….. 3 weeks was considered ample time and indeed D+P said they would be delighted to furnish Lord Hodge with that crucial information.

     

     

    5 weeks later Duff and Phelps have yet to get back to Lord Hodge who had also instructed D+P that they must not sign off on the administration process until they had satisfied his demands. Apart from anything else this means that BDO cannot start their liquidation of Rangers F.C.

     

     

    My main point is that if Duff and Phelps did act under a conflict of interest then all documents and contracts signed under their administration of the Ibrox club is immediately nulled and voided meaning, amongst other things that Charles Green own zip of the assets of the Ibrox club.

     

     

    Yes – No ?

  8. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Commisserstions to Andy Lee. He was outclassed by the champion Julio Ceasar Chavez.

     

     

    HH

  9. •-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on

    67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors on 28 July, 2012 at 20:50 said:

     

    ……..meaning, amongst other things that Charles Green own zip of the assets of the Ibrox club.

     

     

     

    Charles Green may well be hoping for that…..

  10. HT

     

     

    will be great to meet up with you again met you at raymie,s do in Glasgow last year

  11. Malorbhoy

     

     

    I remember well mate, you made a contribution to my SCIAF fund for walking the West Highland Way!!!

     

     

    Won’t be golfing either hence the need for clearance :-)

  12. The commentator on the Beeb olympics programme is having a Craig Burley of a night. After criticising a Gold medallist for being too fast he’s already mistaken China for Japan (Zheng Zhi CSC) and made some comment about Michael Jackson being in the pool.

  13. Tricoloured Ribbon on

    All Ireland Senior Football Quarter-Final draw,

     

     

    Donegal v Kerry

     

    Down v Mayo

     

    Dublin v Laois

     

    Cork v Kildare

  14. Jackson Irvine, who I thought was a midfielder, looked very composed at CH when he came on today. Twarzyck also looks a very good prospect. Hopefully this season we see youngsters get a chance in the SPL. Rather see these young guys than signing journeymen squad fillers.

  15. lefthandpillaroldjungle on

    dee.s…got a great pair of brothel creepers in there not so long ago……BUT… i remember went into crazy house at the cross…i bought a pair of high waisters in there…then went into dee,s and the auld wummin tore open the parcel and said these are crap lol……1974 bye the way….

  16. So Commons doubtful, whats the latest on Stokes?

     

    What was the crowd today would guess no more than 20,000 ?

     

    Hoping there are still a lot of celts on their hols

     

     

    HH

  17. Bloke

     

     

    Had a wee search there for you. It would appear that the GB weren’t happy that today’s game wasn’t on the season ticket so decided not to attend. At best a few individuals from the group were there.

  18. bournesouprecipe on 28 July, 2012 at 21:37 said:

     

    Before dark in the ole quarter of Marbella town

     

    ———————————————————-

     

    Cannae remember that bit………wish I did.

  19. theglasgowcelticway on

    PFayr

     

    Cheers! Better news than I expected because it looked a bad one.

  20. Apparently Peter Latchford pulled a muscle saving Dixie Deans penalty at half time.

  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. 8
  10. 9
  11. ...
  12. 31