I’ve had an initial read through the prospectus for yet another Newco, this time Rangers International Football Club plc, which “was incorporated with the intention of acquiring RFCL upon Admission in order to allow an investment in the Company to qualify for VCT and EIS tax relief”.
There can be no qualms from HMRC that anything has been hidden from them this time, incorporated to allow an investment to qualify for tax relief. RFCL (Rangers Football Club Limited) is not eligible for VCT and EIS tax relief, so the incorporation of a new company was necessary. HMRC provisions require VCT and EIS schemes to be used for genuine trading purposes, not as part of a tax avoidance scheme, so I’m sure the Newco’s lawyers have got all their details correct.
On the subject of getting details correct, the prospectus notes there are 33,415, 200 RFCL shares in issue. It then goes on to list the shareholdings of entities which own over 3% of the company, and lists 36,385,200 shares in this category. Shares held by entities with less than 3% of the company’s shares, such as the £700k-basic-per-annum-Ramsdens-Cup-flop McCoist, are on top of this 36million.
The prospectus also notes that if the issue is fully subscribed the new shareholders will own 63.3% of shares, not the 53.6% my calculator suggests (existing shares: 33.4152m, placing: 24.242875m, offer: 14.285714m).
Charlie Green is paying £2.5m for this issue, perhaps the cost of a calculator would have blown the budget.
Most curiously of all, the identity of those behind Blue Pitch Holdings, remains undeclared.
As you should know by now, the year ahead is an enormous one for the club. Many among the support, and at the club, want to use our 125th year to reaffirm why we are more than just a football club – we are a humanitarian phenomenon.
You are going to hear a lot about this over the next 12 months but this week you, me and everyone else are called to assist Teenage Cancer Trust and Celtic Charity by supporting a totally unique opportunity.
One of the world’s genuine A-list celebrities is lending his talent to our cause. Today, Rod Stewart’s new single, Have Yourself a Merry Little Christmas, is released in aid of Celtic Charity and Teenage Cancer Trust. You can download or buy a CD from Amazon, Play.com or, if you really want to, iTunes.
I want the objectives of the 125 4 125 campaign to succeed. This is a year when the Celtic Movement can push ahead in a way no other club or group can. The Rod Stewart brand gives us an opportunity to raise the profile of the larger campaign higher than the combines efforts of thousands of us online. He’s also a genuine, bleed-green fan with Celtic in his heart.
Encourage everyone you know to buy the single and get it as high up the charts this week as possible. You Have Yourself a Merry Little Christmas now.
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A bit hangover today,
I was at my grans birthday party last night, bless her, she died during the summer,
but we said, if the huns can do it , then so can we ,
what a party !!!
hen1rik:
If you post the first two sentences of the article I’ll try and lift it for you.
weeminger:
As far as I am concerned it is THEM, only a much nastier version. I think that anybody who tries to deny that is… well… is in denial.
Morning bhoys from a cold sunny hun free mountain.
Went up to the post office this morning, waiting for a parcel daughter sent, wisny there, when I checked on friday, it told me it had arrived and was ready for delivery, checked the tracking number when I got home, and now it tells me it has arrived and ready for delivery, in New Delhi.
New feckin Delhi, looks like that will no be here any time soon then, hunbelievable !!!
I see Rod’s charity single is only at no. 65 in the itunes chart.
Kjam.
No surprise there mate.
http://www.celticfc.net/newsstory?item=3443
https://itunes.apple.com/gb/album/have-yourself-merry-little/id576328653
Rod Stewart and Kylie Minogue – Let it Snow
Done! Two of Rod`s Chritmas CD`s purchased for £15 (including postage). £1.99 if you only want the single . Get in there Tims….Celtic and Rod No 1 at Christmas.
JJ
MWD happy birthday mate, all the very best to one of planet Celtics no1 sons.
HH
kitalba
No doubt you noticed the Celtic Drum on the clip above. Kylie looking lovely. Maybe Rod could bring her to the next CL game?
Surely your Antipodean influence counts for something? 0:-)
JJ
This is hilarious. Paddy Crerand on 5 Live earlier.
http://www.bbc.co.uk/programmes/p012ctfh
MWD
Your birthday? Mine on Friday. We are virtually twins (courtesy of Henry Fonda in “On Golden Pond” )! Anyway, happy birthday, my friend. I will buy you a pair of gloves 0:-)
JJ
Jungle Jim:
Rod Stewart has had that drum for the past five years… it has been to every country that has a stage.
The man is on TV again down here (right now) and wearing his white poppy. Twice, tonight, I’ve been asked why white, twice I’ve answered peace doesn’t bleed.
Malcolm Tucker? Is that rhyming slang?
The Exiled Tim @ 10 39
I know the feeling .
Big multi national courier company managed to ” mislay ” a parcel between Nashville and Sicily .
It was in their system for 4 months — it finally ended up at my door having been in Moldova , Liberia and Malta .
The choons were worth waiting for . !
kitalba
Hadn`t registered with me that it was a white poppy. Rod goes up even higher in my estimation.
I was aware of his use of the Celtic emblem on the drum bur didn`t realise he always used it.
JJ
PS One of life`s little coincidences. Just as I typed this, a clip of Rod`s Mandolin Wind came on Radio North Angus!
Son of Gabriel
Not sure if anyone got back to you re: your request for a link to BRTH’s post on the FTT.
In case not, here’s a link that may be the one you’re after:
http://broganrogantrevinoandhogan.wordpress.com/2012/11/23/the-hoover-the-runaways-and-a-judicial-nod-is-as-good-as-a-wink-on-the-rangers-tax-case/
FF
Within professional football during the last two decades athletism, fitness and mental preparation have started to gain equal importance as sporting ability and skill. Many professional footballers at the very top level are starting to resemble cruiser weight boxers in term of their physiques while the sports psychologist is making a permanent entrance into some backroom teams.
jungle jim
10:58 on
10 December, 2012
Where do I order them from, please……?
Good morning CHAMPIONS
Many happy returns MWD and I hope you end up having as many as me :)).
Weefra HH
http://www.celticunderground.net/index.php?option=com_content&view=article&id=978:jim-mcguinness-the-brains-of-the-operation&catid=49:season-2012-2013&Itemid=85
Try this link matey.
please would everyone stop giving the DR any airspace on this blog……………..they are an utter irrelevance !
Dead chuffed this morning as Broonie has followed me back on Twitter. Yeeha.
Weefra HH
hen1rik
Within professional football during the last two decades athletism, fitness and mental preparation have started to gain equal importance as sporting ability and skill. Many professional footballers at the very top level are starting to resemble cruiser weight boxers in term of their physiques while the sports psychologist is making a permanent entrance into some backroom teams.
Recently, Celtic continued their form for groundbreaking and innovative backroom appointments when they appointed All-Ireland Gaelic Football winning coach Jim McGuinness – fresh from leading his native Donegal to their first All-Ireland triumph in nearly a quarter of a century – as their new performance consultant.
McGuinness has long been considered a maverick within GAA circles for superficial as well as more substantive reasons. As a GAA player for Donegal, he sported long black curly hair within a sport where the crew cut had almost been mandatory. Off the pitch, he excelled academically in the field of psychology (eventually gaining a Masters in his subject), again at a time when much of the GAA playing fraternity traditionally spurned such areas in favour of more vocational university study.
However, this level and field of study was also a means to an end. McGuinness was, and still is, passionate about team sports and particularly Gaelic football. An All-Ireland winner as a player, it would not be inarguable to suggest that McGuinness had a quest to become an All-Ireland winning manager also. McGuinness’s coaching abilities were identified and honed at quite an early age. According to Damian Lawlor in the Irish Independent: “At the age of 18 McGuinness was coaching underage [Gaelic football] teams. Columba McDyer, at the time the only Donegal man with an All-Ireland Senior Football Championship medal, approached him one night. He said “I think you are going to be a coach. I want you to have this whistle.”, and presented him with a blue and white whistle. McGuinness still uses the whistle to this day”[i].
Nevertheless, McGuinness’s road to eventual success was anything but smooth. Bit part roles coaching under-age teams had proved to less than fully satisfying and, after repeated requests and applications, McGuinness was appointed as Donegal Gaelic Football Under-21 Manager in 2010.
Almost immediately McGuinness had his work cut out when “before their first training session he called the squad into a huddle and told them they would be celebrating an Ulster title within a few weeks. One player burst out laughing in front of him. It wasn’t out of ignorance or insolence; the youngster giggled aloud almost before even realising. But McGuinness pounced on him. “Do you see that?” he asked the others. “This is where we were at. This is what Donegal football has become. No belief.” Eight weeks later, they were crowned provincial champions”[ii].
Not long after achieving success with the Under 21 side, McGuinness was appointed senior team manager of Donegal. His appointment, however, had quite a harrowing context: Donegal had become derisively dismissed as also-rans, players were despondent and demoralised, and, such was even the negative internal impression within the county, McGuinness was the only candidate when he put his name forward for the job! Even then, McGuinness’s appointment seemed to be laced with reluctance by the men who gave him the job. According to the man himself: “I was the only candidate and I struggled to get it…I don’t know. I don’t know [why there was reluctance by Donegal to appoint him]” he sighs, sipping his tea. “Maybe my face didn’t fit.”[iii].
However, once in the door, McGuinness did not look back. In 2011, Donegal made it to the All-Ireland Gaelic football Semi-Final (losing to eventual winners Dublin) and also managed to win their first Ulster title for several years. The following year, Donegal reclaimed their Ulster title and won the All-Ireland in a triumph that was as innovative as it was comprehensive. ‘The System’, as McGuinness’s strict tactical approach has become known, employed a devastating counter-attacking plan that saw players routinely defend en masse while attack as a devastating wave. A definition that sounds falsely simplistic, this approach saw Donegal quite simply blow the opposition away. Even seasoned GAA commentators and rivals were astounded by Donegal’s quality and impact: “Tyrone’s [manager] Mickey Harte, attempting to analyse the game for the BBC, expressed his shock: “To be honest, I could not see that coming. Donegal annihilated Cork, there is no other word for it”. Martin McHugh, a member of the successful [Donegal All-Ireland winning] 1992 side, said it was the best ever performance by any Donegal team, including his own”[iv].
Considering the achievements, the impact of McGuinness in, not just Donegal but also, Gaelic Football has been revolutionary. As Brendan Crossan explained in The Glasgow Herald recently: “There are thinkers of the game – and there is Jim McGuinness. In his first year, he was lambasted for playing negative [Gaelic] football. In 2012, he was lauded for transforming Donegal into the most devastating counter-attacking team in the country, and undoubtedly the fittest there has been”[v]. In any team sport, this is an accolade that many would accept and few of course would refuse.
The impact of McGuinness has even been noted outside of GAA and Irish circles, a move completely unheard with regards to the global reach and significance of Gaelic sports. The Donegal Democrat was moved to comment that “The Donegal team and their Croke Park heroics were name-checked on several occasions last night on the [Manchester United] Red Devils’ own television channel MUTV. The man doing giving all the praise was none less than Utd [sic] legend and honorary Donegal man Paddy Crerand”[vi].
Paul Brennan also noted on CQN the impressive scale of McGuinness’s success and what he can bring to Celtic: “McGuinness had transformed Gaelic football, since taking control of unfancied Donegal they have been described as “virtually unbeatable”, provoking astonishment and some hostility from those close to the game as a result of his tactical revolution, known as ‘The System’. For his sport, he has found the ‘Moneyball code’ and the metaphorical answer to ‘Why England lose’, which we have discussed here for a number of years. In short, Jim McGuinness sees things that others don’t and Celtic know the value of new ideas”[vii].
Therefore, what does Jimmy McGuinness bring to Celtic? Well, his record should speak for itself – McGuinness is a winner and has a talent for developing and honing winning teams (at least in Gaelic football). However, that notwithstanding, McGuinness’s appointment will increase the move to a more diagnostic, systematic, analytical, and even intellectual approach to breaking down teams, and individuals, fault lines and weaknesses (be it Celtic or the opposition that Celtic are facing). This will enable Celtic keep several steps ahead of weaker opposition whilst also giving Celtic more than fighting chance against stronger competitors and rivals.
Within the British Olympic Cycling team, the team’s psychiatrist, Steve Peters, “takes each cyclist through their ‘foundation stones’. This is a massive list of individual items that can affect performance: everything from diet to disc wheels to a dispute with a significant other. Peters estimates that 50 per cent of his work is with athletes, 50 per cent with ‘significant others’, mainly the coaches. That might seem a little obscure, but not in a system where every area is open to improvement: ironing out relationships between the athletes and the people who work with them is seen as critical. Peters is also behind the athlete-centred training system, where cyclists are given freedom to define their own programmes, the coaches playing the role of expert advisers rather than dictatorial father figures”[viii].
For too long football, especially in Scotland, has been a ‘closed shop’ – too many incompetents and traditionalists have been entrusted with nurturing and furthering all aspects of the game. People like Jim Jeffries, Terry Butcher, and Walter Smith (Gordon Strachan?) have been allowed to neglect progressive and modern approaches and practices at their football clubs for the sake of the short-term. Indeed, in some cases, success was actually absent as tradition was given disproportionate trust and credibility. Scouting, performance management, technique improvement and progression (i.e. aspects of the game that can be analysised and advanced by people from ‘football backgrounds’ and ‘non-football backgrounds’ alike) were all sacrificed at the high altar of convention and insularity. The sport of Football itself has long refused to take on transferrable skills and approaches from other sports instead choosing to believe that their ways – whether recent or not – remain the ‘correct’ ways.
Celtic, through this innovative and impressive appointment, now have their very own version of ‘Steve Peters’ and are arguably leading the way in developing a (so far) unique approach to football coaching, performance analysis and match preparation in Scotland.
Sean has spent over ten years playing, promoting and administering the sport of Gaelic football in Scotland and Britain as part of the Glasgow Gaels Gaelic Football Club – see http://www.glaschugaels.com and http://www.scotlandgaa.com for more details about Gaelic Games in Scotland
——————————————————————————–
http://www.independent.ie/sport/gaelic-football/managing-to-move-forward-3230086.html
http://www.independent.ie/sport/gaelic-football/managing-to-move-forward-3230086.html
http://www.independent.ie/sport/gaelic-football/managing-to-move-forward-3230086.html
http://www.bbc.co.uk/sport/0/northern-ireland/19371945
http://www.heraldscotland.com/sport/football/theres-black-and-white-and-then-theres-mcguinness.19412770
http://www.donegaldaily.com/2012/08/28/now-even-manchester-utd-know-who-jim-mcguinness-and-his-team-are/
http://www.celticquicknews.co.uk/?p=10900#comments
http://www.guardian.co.uk/sport/2008/jun/29/cycling.olympicgames2008
67 heaven
Click on the link in the final sentence of Paul`s article. There are choices then available. I went with Amazon .
JJ
hen1rik:
That worked, cheers.
☺
Thay never worked then :¬)
Neither did That innaw
Jungle Jim:
I know somebody who deals with rock stars, heads of state; their bodyguards; their red tape, football teams (including Celtic), you name it, and the one his staff laud the most as the most ordinary, down to earth person… Kylie.
kitalba
That`s it then. She must be a Tim!
hen1rik
The more I read about Jim McGuinness the more alive I become as regards what he could achieve with our already talented young players.
Off to Morrison`s now for some really beautiful Black Farmer sausages.
JJ
Kit,
Down to earth usually means miserable wretch :oD))))
if you’re incontinent get yer rubber mat under ye – ye’ll pish yeresel
Original: http://www.youtube.com/watch?v=kA59a-plMWg
Spoofs: http://www.youtube.com/watch?feature=player_embedded&v=VTvFC7QNc0Q
http://www.youtube.com/watch?feature=player_embedded&v=9kU3KsZLw5A
http://www.youtube.com/watch?v=ZsPVPtjye4c
MDW,
Happy buffday
Neil canamalar:
I’ve never met her, but if that is a true definition them maybe Sydney Tim has something more to answer for.
Champions League draw? Anyone know when this will take place (date/time?).
Rothbhoy
20th of this month, dont know what time though
Weefra HH