Prism of failure gives King chance to bring Newco down

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After the failure to launch season ticket renewals at Ibrox in the wake of the Ramsdens Cup final last week, by Friday morning marketing staff, PR people, web designers and printers would all have been primed to press the button this morning, after the anticipated humbling of Dundee United in the Scottish Cup semi-final.

Things started to go wrong later Friday, when Dave King popped up with an intervention.  King, who was a director of Original Rangers in the years up to and including their liquidation, appears intent on sending the Newco Rangers to an equally liquidated state.  Should we erect a statue to this guy?

For those of you in doubt, his latest questions to Newco Rangers board are priceless:

“Does the board agree it is unfair to ask fans to buy season tickets before they consider the business review?”

No club in the country is asked to submit business plans to supporters before asking them to renew season tickets.  What’s more, there is an assumption by King that spending plans should be expansive, exactly as they were at Original Rangers, when King & co presided over the club’s failure.

Newco’s (even newer) management should be allowed to match expenditure with income.  This is the message that fans should be asked to back, the days of empire are over.  Anyone who tries to undermine a breakeven strategy at Newco is practically ensuring another failure.

“Does the board agree that, given the present financial position of the club, it is appropriate to provide Ibrox Park and Murray Park as security against season ticket advances?”

This is an interesting one.  King suggests Newco offers Ibrox up as security (Murray Park is largely irrelevant).  If they are boxed into a corner and concede this one, those in a position to utilise that security, which in Dave King’s plan would be Dave King, would have an incentive to see Newco liquidated.

“Does the board agree that in the latter half of December 2013 it was in discussions to obtain finance that would be needed prior to the end of the current season?

“Does the board agree that in the latter half of December 2013 it provided public assurances to the fans that the club had sufficient cash to last until the end of the current season?”

King has been there before and will know more than most how financial forecasting works; there is a clue in the name, it’s forecasting.  If a company seeks contingency borrowing for less than 5% of its expenditure (or 2 weeks costs), earlier projections could not have been that far off.

None of this matters right now.  Newco’s manager failed to win two hugely important games and that is the prism through which fans will evaluate the performance of their club.  King could accuse them of being responsible for his own role in Original Rangers liquidation and some would believe him.

Season ticket sales are the most fundamental aspect to the health and wellbeing of every Scottish football club.  This is true even at Celtic, with or without Champions League revenue.  Ticket sales will have a greater impact on Celtic’s season ahead than Champions League qualification.

Right now some hedge funds and the Easdales own Ibrox.  Ideas of bully them into submission will fail, although it will be enormously entertaining.  Go for it, Dave, we’re 100% behind you.

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  1. Tontine Tim

     

    12:41 on

     

    14 April, 2014

     

    stpatricksbhoy

     

     

    10:00 on

     

     

    14 April, 2014

     

     

    Sannabhoy and 2000 kids say Hail Hail to Pablo’s family

     

    09:49 on

     

    14 April, 2014

     

    TET , sorry to hear about Peter.

     

     

    Sannabhoy, I saw TET’s post last week about Peter I knew him form my days in St Michael’s Boys Guild,he was from Brucehill and had a brother Joe.Please keep us posted on him,prayers being said.

     

    Hail Hail.

     

    stpatricksbhoy

     

     

    *The summer before I went up to St Pats the assistant heidie to Rinty Monaghan passed away, I believe his name was Joe Watters.

     

     

    More likely Rinty’s assistant was Matt Bryson. Joe Watters taught in the primary section of the school.

  2. livibhoy – god bless wee oscar

     

     

    15:25 on 14 April, 2014

     

     

    I agree, May not better than Leigh or Anthony. It is all about getting a balance for me, we should not go out and sign a Scottish Player simply because he has scored circa 26 goals. By all means sign quality Scottish Players but we should consider what their all round game brings to our Team; there may be better out there, that is down to the Scouts.

     

     

    I have not seen enough of May but from I have seen, not for me.

     

     

    Keep the Faith!

     

     

    Hail Hail!

  3. Dj67YNWA

     

     

    Pistorius claimed that he was on his stumps when he shot through the bathroom door four times, (which is supported by the fact that the bullet holes are below door handle level) before returning to the bedroom to put on his prosthetic legs and then breaking down the door with the cricket bat. The prosecution disputes part of this testimony, while conceding that marks higher on the door could support the defendant’s version. In short then, at the time of the shooting Oscar Pistorius was not wearing his prosthetics.

     

     

    Then again Paul’s article is about Barry Roux’s other client, Dave King.

  4. Four men killed a team

     

    bader, pernod, nosurname and mcsleekit

     

    They had no money, no strips not even a ball

     

     

    But they still carried on

     

    even though they were deid

     

    that mob and they’re following

     

    are no right in the heid

  5. Tontine Tim

     

    15:34 on

     

    14 April, 2014

     

    quonno

     

     

    15:25 on

     

     

    14 April, 2014

     

     

    Given Celtic’s apparently Pontius Pilate stance it is difficult to see how the club can avoid being burned.

     

     

    *did you know that Pontius Pilate was born in Fortingall, a small village in the Perthshire Highlands.

     

     

    Sounds familiar but I am not absolutely sure that I ever heard that one. What is more certain is that he left plenty of his genes floating about places such as the SFA offices.

  6. quonno

     

     

    More likely Rinty’s assistant was Matt Bryson. Joe Watters taught in the primary section of the school.

     

     

    *aye yer right wee Matt was still there when I arrived but Joe I think passed away, I’ll have tae ask Mrs. TT as she was born up Brucehill and grew up in Castlehill.

  7. leftclicktic We are all Neil Lennon on

    !!Bada Bing!!

     

     

     

    14:44 on 14 April, 2014

     

     

     

    Richard Gough.There’s a man with a secret.

     

    :)))))

     

    I was wondering who they would get to stand with them and him and Souness came to mind.

  8. eddieinkirkmichael on

    Snodgrass would be my preffered option for a summer buy and we could do worse than Ross McCormack aswell, though he may be out of our price range if the interest from West Ham is true, I read this morning that he is valued between £4m-£5m.

  9. Steinreignedsupreme on

    Margaret McGill 15:06 on 14 April, 2014

     

     

    “Doesn’t matter what company fronts the club that plays at Ibrox. It’s still Glasgow Rangers. The other half of the old firm. Now if it was converted to a woolworths equivalent like Wal Mart!”

     

     

    It is if you buy into fiction, which many Zombies, most of the media and even some Celtic fans do.

     

     

    But if you stick to the facts. There is no way of getting around liquidation as the same club. That is simply not possible.

     

     

    Everyone knows this. Some opt of fantasy to help them deal with the loss. Their choice.

  10. LiviBhoy – God bless wee Oscar

     

     

    Whittingham is very similar to Commons and played a similar role in the Championship to Kris. Certainly I’d have been happier if we’d signed him then Derk at the start of the season.

     

     

    How much would you expect to pay for Snodgrass? He seems very comfortable at Premier League level and we would be expected to compete with any number of lower level Premier league teams to get him. Even if he’s a Celtic fan that will only matter to him if money and the all singing all dancing EPL doesn’t matter more.

  11. LiviBhoy - God bless wee Oscar on

    eddieinkirkmichael

     

     

    I don’t see a lot of value with McCormack to be honest.

     

    If he was available on a pre-contract then he would be worth getting in the door but I don’t think he is worth more than £2m. He is over valued in England due to him banging goals in for a club like Leeds who should be able to compete for the league they are in with the squad they have but aren’t.

     

    I believe Pirlo is out of contract this summer. If Celtic offered to pay him £50k a week would the fans be happy with that? I think they would. I think extra season ticket sales and shirt sales would pay for his wages. Dream signing to be honest and I doubt it would happen but if we are going to shell out big money on a transfer fee for someone it would be in the clubs best interest to get a pre-contract player in like Pirlo who would justify the money spent on wages and put a big crowd in the stadium every home match.

     

     

    LB

  12. LiviBhoy - God bless wee Oscar on

    cavansam \o/

     

     

    I would hope IF Norwich go down we would get Snodgrass for under £3m possibly with add ons. I doubt know when his contract expires but that would be the main factor on his fee and wages. Norwich may have something written into his deal that ages go down with relegation and he may have a release clause. I would be surprised if we can buy him for less than £5m though. Norwich have a lot of big earners signed in the summer though including Gary Hooper and the Dutch striker. I suspect they will have to offload some bodies. If they go down that is.

     

     

    LB

  13. Could somebody clever explain what ticketus are doing about their £27m?

     

     

    They cant have been that stupid?

  14. thomthethim for Oscar OK on

    livibhoy – god bless wee oscar

     

     

    15:28 on 14 April, 2014

     

    thomthethim for Oscar OK

     

     

    I think we signed Derk and Pukki with that in mind and they couldn’t get us a result against Morton!

     

     

    ******

     

    And therein lies the problem.

     

    We cannot recruit players of the level needed,so, we just have to do our best with who we can get and try and “do a Morton” against teams with better players.

     

     

    No one’s fault, just the facts of SPFL life.

  15. Lwio

     

    Scrolling back and would have to agree with I hoy @14.15. There is no way in this or any other world that PN would have been oblivious to their sectarian songbook as one would assume that they would be listening to the commentary.

     

    So for that reason Pat Nevin is still firmly ensconced as the number2 Soup taker after Maurice the Merde. Had a bit of a wobble after Marrakesh posted Keevins maybe a very close 3rd but only on the basis that Nevin has set himself up as some sort of an intellectual who should know better. Keevins is just an Amadon (fool)

  16. LiviBhoy – God bless wee Oscar

     

     

    If we’re going down that road there are some nice options in Germany and France as well Bafétimbi Gomis and Jimmy Briand from Lyon, Andreas Beck from Hoffenheim.

     

     

    I’ll build us a new squad in no time.

  17. Margaret McGill on

    steinreignedsupreme

     

     

    15:49 on 14 April, 2014

     

     

    Aah I see what you’re saying …… Errr no really

     

    Your just a smarmy driveler

     

    Altogether now Al Jolson like ….

     

     

    Way down upon the smarmy driveler

     

    Far far away ….

  18. No doubt that we will eventually host the New Rangers at Celtic Park. But Celtic should emphasise that they are a new club with a short history by stating that in the match programme

  19. LiviBhoy – God bless wee Oscar 15.55

     

     

    Would you take Hooper back too on a cut price deal?

     

     

    I’d like to see that Snodgrass deal done if 3M was the fee. That doesn’t seem unreasonable for a player in the last year of his contract.

  20. Pontius Pilate?

     

     

    He may have been born in Scotland – but it is highly unlikely.

     

     

    He was prefect of Judeae from c26-36 AD.

     

     

    The Romans did not invade Britain until 43AD.

     

     

    Ave ave!!

  21. LiviBhoy - God bless wee Oscar on

    cavansam \o/

     

     

    I think we have tried the youthful prospect route and it can be hit and miss. Getting experience in is usually a safer option and they can bring our youngsters on. A centre back with experience and a forward thinking player would help our youngsters.

     

    Rio Ferdinand is out of contract this summer. Not everyone’s cup of team but he talks about Celtic a lot. Would he come to Paradise? Not sure. There is plenty experience available.

     

     

    LB

  22. Ron Bacardi

     

     

    16:02 on 14 April, 2014

     

     

    ‘No doubt that we will eventually host the New Rangers at Celtic Park. But Celtic should emphasise that they are a new club with a short history by stating that in the match programme’

     

     

    ###

     

     

     

     

    Yeah, like that’s ever going to happen.

  23. LiviBhoy - God bless wee Oscar on

    cavansam \o/

     

     

    Not a big fan on players returning to Celtic. He has left and that door is now closed. Unless Norwich took Derk and gave us cash plus Hooper I wouldn’t take him back.

     

    Is that being a tad hopeful?

     

     

    LB

  24. LiviBhoy – God bless wee Oscar 16.06

     

     

    If you pull that deal off then Paul can tear down the Dave King statue and build one for you instead.

  25. Steinreignedsupreme on

    Margaret McGill 16:00 on 14 April, 2014

     

     

    What I fail to understand is why you get so angry when presented by facts.

     

     

    Why turn a rational discussion into childish insults?

  26. Griffiths, Stokes, Balde, Pukki, Watt & Samaras. In addition KC has played as a striker for most of this season.

     

     

    Even if Sammi leaves we won’t be signing another striker unless there’s a clear out of those already on our books.

     

     

    Watt appears to have burned his bridges so he’s more likely to be off than returning. Pukki and/or Balde would also need to leave before another striker comes in.

  27. Livibhoy

     

     

    Have you seen Norwich’s remaining fixtures?

     

     

    They will do well to get a point from their last 4 games!

  28. Thunder Road

     

    Have you seen Norwich’s remaining fixtures?

     

    They will do well to get a point from their last 4 games!

     

     

    Man Utd at Old Trafford is a banker 3 points for them. It is for everyone else!! ;-)

  29. LiviBhoy - God bless wee Oscar on

    cavansam \o/

     

     

    I trust Lenny and his team to get it. Interesting that he talked of Johan leaving a few weeks ago. Wonder how that would impact the backroom staff and who Lenny would look at as a potential number 2.

     

    I’m available!

     

     

    Thunder Road

     

     

    Strange things seem to happen at the bottom of the EPL table at the end of every season. I do think Norwich are down but there are a few twists and turns yet to happen down there.

     

     

    LB

  30. Neustadt-Braw on

    would be a lot of fun designing and filling out that Programme though ….

     

     

    Dear Newcomers ,

     

    welcome to Celtic Park (insert wee diagram and where to catch local transport etc ) ….leading onto a brief description of Celtic Football Club 1888.

     

    etc etc etc …lots of pics of our Big Cup ….

     

     

    offers for our Credit Cards etc …and as a welcome present a nice wee green and white party hat ….

     

     

    the Huntertainment is endless….. braw

  31. whitedoghunch on

    jude2005 is Neil Lennon \o/

     

     

    I am just amazed I know something about Scottish football that does not involve Celtic , the filth being away has let me enjoy other teams and players.

     

     

    I could be wrong about the card ‘mind

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