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. Hrvatski Jim

     

    17:15 on

     

    14 April, 2014

     

    YNWA Tonight.

     

     

    Based on the trailer, Celtic will get a good billing. Irrespective of the Celtic connection, it will be interesting to see who else claims it as an anthem.

     

     

    Maybe we should set a challenge to the MSM – how are you going to drag another Glasgow club into this one?

     

     

    ————————————

     

     

    YNWA always gives me goosebumps(in a nice way)

     

    Some of the renditions on Champions League nights are particularly spine tingling!

     

     

    Does anyone have a particular favourite rendition of the song?

  2. I think the Sevco Series should be numbered. A bit like Police Academy or Ghostbusters.

     

     

    Then after Sevco 4 or 5 they can offer their loyal client group such new formats as Sevco 3D, Sevco Deid/Deed Hunters, Sevco the Prequel (1690). Sevco Hubris – soon playing at the GFT for their arty types…

     

     

    The permutations are endless.

     

     

    Sorry Cultsbhoy – I can multitask on this one. Love the Hoops and enjoy FOD tumult at the same time.

     

     

    Not bored yet. And still loving my jelly n ice cream.

     

     

    HH jamesgang

  3. LeftClick

     

     

    It’s not a bank account in Nigeria per chance? Offering untold riches for a mere $10,000 investment? ;-)

     

     

    HH jamesgang

  4. bournesouprecipe

     

     

    17:41 on 14 April, 2014

     

    That awkward moment when a new barber asks you if you’re into Elvis.

     

     

    I got asked this morning….

     

     

    And the eyebrows too sir?

     

     

    GettingOld&HairyCSC

     

     

    HH jamesgang

  5. South Of Tunis on

    LiviBhoy .

     

     

    Pirlo ———–

     

     

    Yes , his current contract ends this summer. Pirlo tends to avoid the media ( to quote Lippi –” Pirlo talks with his feet ” but he has said ———

     

     

    Juve have offered him a 1 year contract .

     

    He hasnt said yes ,he hasnt said no .He will decide after the World cup.

     

    He has had offers from America and Australia -he said no .

     

    He is tired, his ankles hurt. He is looking forward to retiring to his vineyard / wine business..

     

    He aint interested in playing at a lower level ,however much it pays ..

     

    He admitted that he was flattered by the rumor that Real Madrid were interested.

  6. Big Cup Winners 17.36

     

     

    I believe that there is a real chance that our season ticket sales will drop by a considerable amount this season.

     

     

    This effects what we can spend on players.

     

     

    More season ticket income increases our chances of better players ,CL qualification ,and even more money for better players.

     

     

    TT

  7. leftclicktic We are all Neil Lennon on

    jamesgang

     

     

     

    17:41 on 14 April, 2014

     

     

     

    LeftClick

     

     

    It’s not a bank account in Nigeria per chance? Offering untold riches for a mere $10,000 investment? ;-)

     

     

    HH jamesgang

     

    ————–

     

    I seen somewhere last week the character from phonejacker asking for bank details was playing the part of KING and the UoF :))

     

    http://www.youtube.com/watch?v=LA3zhzT1wDo

  8. jamesgang

     

    17:39 on

     

    14 April, 2014

     

     

    Great idea. I like the idea of “Sevco the Directors Cut”.

     

     

    1million to you charlie. 1 million to me. 1 million to you sandy. 1 million to me. 1 million to you Laxey. 1 million to me.

  9. How could Pirlo refuse the temptation of a few caskets of Chateau de Buckfast washed doon with Bru and a roll n skwer?

     

     

    MadNot2CSC. ;-)

     

     

    HH jamesgang

  10. tonydonnelly67

     

    17:45 on

     

    14 April, 2014

     

    Did any one here about the Sevco keeper who played at the weekend getting done after the title winning party for drunk driving?

     

     

    ————————–

     

     

    It was all over the front pages of the papers was it not?

  11. Another Celtic supporter’s story about Seville.

     

     

    PETROVSCHEF – Might as well join in. Stayed in Marbella with my Dad. Had been having a rough time of things, so was a welcome break. Hotel full of Celtic fans which wasn’t supposed to be a football type hotel but certainly turned into one! Managed to hire what seemed like the last mini bus on the Costa del Sol for a small fortune. Atmosphere in the city was amazing. Watched the game on a big screen in a park, like T in the Park for football, only better. Will never forget our goals and celebrations. Somehow managed to find the bus at 1:00am to get back to the hotel, how, I will never know. My old man seldom gives much away but I knew he was proud. He seemed to know everything going on on the pitch, even though he had lost his sight and the noise made it difficult to commentate to him! Like P67, never watched the game since on DVD. Prefer the memory even bittersweet.

     

     

    Get your copy of this wonderful book from CQN or all good book stores. SEVILLE – The Celtic Movement is published by CQN…

  12. Colour Blind Bhoy on

    Playing catch up as usual and apologies if already mentioned but decided to watch the start of the Sevco game to see what singing the press and media had missed.

     

    Could not believe Walker’s comments within the first 20 seconds as the bile rang out loud and clear; a real sense of occasion, a fabulous atmosphere and really great sound around the stadium.

     

    Hang your head in shame Andy.

  13. South Of Tunis on

    Thunder road @17 37 .

     

     

    Favorite renditions of YNWA.?

     

     

    Eddie The Computer did a great version in an episode of The Hitchikers Guide to The Galaxy .

     

     

    Great version by Gene Vincent and The Bluecaps. A fine 7 ” choon from 1958 .

  14. the long wait is over on

    BIG-CUP-WINNERS

     

     

     

     

    17:36 on

     

     

    14 April, 2014

     

     

     

     

    They shouls call anew club: Rangers then; Rangers now ; Rangers forever.

     

    ————————–

     

     

    or Rangers then ; Rangers now ; Ranger for , err , a wee bit longer , maybe…

  15. the long wait is over on

    tonydonnelly67

     

    17:45 on

     

    14 April, 2014

     

    Did any one here about the Sevco keeper who played at the weekend getting done after the title winning party for drunk driving?

     

     

    ——-

     

     

    They should have breathalysed him after that third goal…

  16. !!Bada Bing!! on

    Simonsen’s son gets abused on his Twitter site by The Gang,Sally blames the player……aye that’s the usual logic Sevco style.

  17. South Of Tunis

     

     

    Unexpected choices!

     

     

    I will try to find them on youtube if i can to see/hear why you liked them.

  18. Thunder Road

     

    17:54 on

     

    14 April, 2014

     

     

    If Pirlo’s ankles hurt the now wait til he tries Scottish fitba!

     

     

     

    What you mean?

     

     

    After 2 games he’ll have no ankles to worry about. Sounds like a win win, if you ask me.

  19. Dave King is obviously trying to bring down the current board, that is a given.

     

     

    What I can’t understand is, what makes people think that he will get the assets for a song, no way are the spivs going to sell the bigot dome and murray park on the cheap, if they own them that is.

     

     

    Whoever owns them will want top dollar, that is also a given.

     

     

    HH

  20. Winning Captains looking forward to your next magazine and Neganons critique.

     

     

    A vital component in our clubs history has been dissent,has been to question down thro the ages the direction the club is taking,the long term implications of decisions made now etc can affect our future. Long may it continue and long may we learn from it,or choose no to read it,:-))

     

     

    CrabbitoneminCreasinmaselaughinext:-))

  21. South Of Tunis on

    YNWA

     

     

    Genoa fans occasionally it .

     

     

    The Curva Sud at AC MIlan sang it 4 days after Hillsborough- before a European Cup game v Real Madrid

  22. Sevco.co.uk reports Sleekit as saying:

     

     

    “Season Still A Success

     

    The League Cup was obviously a disappointment. We couldn’t get playing our team and we knew that game was going to be difficult for us.

     

    Looking at the league campaign, that has been more than acceptable and getting to the Ramsdens Cup final was good too.”

  23. mcoist plumbed the depths in the news there.

     

     

    His goalkeeper and family have been seriously threatened on social media.

     

     

    He laughed and said “well maybe he shouldn’t be on it.”

     

     

    SCUM!

     

     

    WELL PAID SCUM!

     

     

    ENJOY YOUR CASH YA MIDDEN!

  24. I HATE THE WEE FAT GINGER OBNOXIOUS MONEY GRABBING BARSTEWARD.

     

     

    HE WILL ROAST IN HELL.

     

     

    I hope it is soon.

  25. glasgowdave

     

    11:44 on

     

    14 April, 2014

     

    Gearoid

     

    ‘ They Took The Soup ‘

     

     

    Dermot Desmond

     

     

    ” Rangers is a fantastic club with a great history,” he said. “With the support that they have, they will come back.

     

     

    “They will, in not too long a time, be back in the SPL. I have no doubt about that.

     

     

    “They’re needed for Scottish football because of their following and the size of the club and especially their history.”

     

     

     

     

    ernie lynch

     

    12:47 on

     

    14 April, 2014

     

    Maybe if the footballing authorities, and other clubs, were unequivocal and forthright in stating that liquidation results in the death of a club and the loss of its history, then Sevco and its followers wouldn’t be so cavalier about repeating the process.

     

     

    David Low in his pod cast suggests Fergus would want them back,The board want them back,tho acknowledging the difficulties the hate bring with them.

     

     

    As me old maths teacher used to say

     

     

    variables need to be defined.lol and not in a rory bremner type way

     

     

    :-))

  26. Frank Ryan's Whiskey " Independance for Shetland Now" on

    CQN Trivia

     

     

    Christy Moore sang Kevin Barry at the Barrowlands but how many here know Christy’s younger brother is named Kevin Barry Moore (AKA Luka Bloom)

  27. Philbhoy

     

    18:37 on

     

    14 April, 2014

     

     

     

    Not a fat chance in Gregg’s that the Sleekit one would throw his hands up & say “i’m responsible for the defeats in the Scottish Cup, the League Cup & the Fish Supper Amateur Cup”

  28. Thunder Road 17.37

     

     

    YNWA – Best version I ever heard was at Hampden v Leeds in 1970. After Bobby Murdoch’s goal we sang it for ages. Brilliant!

  29. South of Tunis I missed Krafterk at the Fairfield Halls tho i did catch the Stranglers at Crawley leisure centre when i lived down there

     

     

    Kraftwerk seen them at the Apollo 81 ok computer tour,cream fields 96 when it was all danced up,then at the colisseum in the gorbals. Autobahn was one of my early albums,a kinda tangential skite away from my brothers heavy rock(ah like that too)

     

     

    didnt once meet any nf anywhere lol

     

     

    klingklangcsc