Few will be surprised that the Takeover Appeal Board (TAB) ruled Dave King acted in concert with George Taylor Douglas Park and George Letham when buying a controlling interest in Newco Rangers two years ago, another “favourable settlement”, you could say.
In their statement, TAB wrote, “Over the last two years Mr King has had ample opportunity to disclose documents and to provide other evidence to rebut any deeming, presumption or inference from the evidence that he was acting in concert with Messrs Letham, Taylor and Park. He has not done so.”
So far, so clear-cut, but while this is an unwelcome distraction (or more) to Dave, King, I genuinely hope he has the wherewithal to fund any necessary share purchase. It is difficult to overestimate the extent to which King’s position inhibits Newco.
The club will go nowhere while it remains in his clutches. It is far from clear who would pick up the years of potential liabilities should he exit (forget Sugar Daddy fantasies), but better the devil we know – when we know so much about him.
We have the perfect controller of Newco. He leads through PR dictate, appeals to the lowest common denominator, sat as a director through Oldco’s ignominious demise, and appears to have enough funding capacity to get them as high as third in the league.
I will rue the day Dave King decides he has had enough of Ibrox.
Many thanks to all who contributed to the Lisbon canvass raffle for Alzheimer Scotland. The competition is now closed and we raised an incredible £3264. The winner has been in touch, so if you don’t know already, unfortunately, it’s not you.
This has been another small excerpt in the Great Celtic Story. Well done.
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GlassTwoThirdsFull
Ah, see what you are saying.
Yes.
Although we all know that not a penny of the overinvestment has come from King. And they can claim they aren’t a concert party all they like, but they have exhausted every appeal.
‘Only in Scotland can a referee be awarded a Derby game when he’s a well-known fan of one of the clubs’
Brian McNally – based in England
TONYDONNELLY67 on 14TH MARCH 2017 12:32 PM
“…right now Celtic’s market value is £125million….”
If that’s in any way concretely true and has any long term meaning, then it’s quite an advance. In 2012, as the Old Rangers were disintegrating, I had the opportunity to speak with two central figures then at Celtic Park and asked them how much Rangers as a business were worth. Same as us, they said, £35m, though Green (or whoever’s money it was) only paid £5m for their assets.
If Aiden wants to comeback I think he would be a great addition, 24 assists and 8 goals in his poty season. No end product my erhie…
https://m.youtube.com/watch?v=rXCn4mdKOHo
Davidopoulos on 14th March 2017 1:42 pm
GlassTwoThirdsFull
Ah, see what you are saying.
——–
Cheers. Very few people have ever said that to me :-)
Different matter sending off Celtic players.
Could do worse than bringing Aiden in for a week or 2,and see what kind of shape he is in,not sure if his contract at Everton is up at the end of the season,but Koeman wouldn’t be hard to deal with.
GORDYBHOY64 on 14TH MARCH 2017 1:40 PM
Turkeybhoy,
Are you in Turkey just now,heading to Lara Beach at end of the month
and was wondering what the exchange rate is over there
Its been sort of steady around 4.5.terrific rate to change your Sterling.Should just be turning beautiful down Lara Beach way around that time.Enjoy.
I’ve seen McGeady a few times lately for Preston and he has looked good, although I think he’s the type of player who will look better in highlights clips than in a full game.
Don’t think I’d have him back as I don’t think he would fit Brendan’s style of play. Commons hasn’t been near the team.
Turkeybhoy,
cheers for the reply mucker
Speaking in January 2015, Mourinho said: ‘He’s being punished by opponents and not protected by refs, maybe one day we won’t have Hazard. They kick and kick and kick.
It was goood to see a referee taken action on the systematic fouling of Eden Hazard.
Watching Celtic for 50 odd years I think the “honest mistakes” are as bad as they’ve ever been.
I don’t think last nights referee would have allowed Waghorn or Holt to get away with some of the tackles they put in.
GLASSTWOTHIRDSFULL on 14TH MARCH 2017 1:56 PM
I’ve seen McGeady a few times lately for Preston and he has looked good, although I think he’s the type of player who will look better in highlights clips than in a full game.
Don’t think I’d have him back as I don’t think he would fit Brendan’s style of play. Commons hasn’t been near the team.
________________________
Just for clarification, do you think Aiden and Kris have similar playing styles?
That share price is just woopeee fantasticalspectacular.
That’s what supporting is all about.
First Q from any new signing – what’s your share price?
MWD
Hey folks.
Was chatting to an ex teammate of mine (a stout Zombie) last night and we got talking about Pedro’s ludicrous claims of 144 years and 54 titles.
I obviously told him the facts of liquidation etc but you as predictable as death and taxes (see what I did there) you can imagine his automatic response (“you’re obsessed”).
I also said that this stuff about being the most successful football club in the world is also utter garbage.
He said “how? The amount of trophies we have won is a world record”.
I sighed. I then said “are you telling me you wouldn’t swap you’re 27 league cups for 1 European Cup?”
I explained that different trophies carry less or more significance/status than others.
Eventually this was something that he admitted. I made the point that officially Barca has won more trophies than Real Madrid but no one is foolish enough to say that Barca are the more successful club (11 European cups being the biggest factor of course).
So, I told him we should allocate a number of points to each trophy and then see which club had the most.
He agreed to this feeling that his beloved Holding Company Vehicle would still come out on top.
We agreed to assign 10 points to a league title, 5 to a Scottish Cup, 3 to a League Cup.
150 points for a European Cup and 75 for the Cup Winners Cup (he eventually admitted that the European Cup was twice as important given its status, this took some doing though as you can imagine due to the levels of jealousy they feel for the achievements of the Lisbon Lions).
We also assigned points for reaching certain European finals and for reaching the Champions League knockout phases.
We also analysed both teams overall performances in European competition and the historical domestic dominance in decades (based on league wins).
Here are the results.
Celtic v Rangers
League (10 points)
Celtic – 47 (470)
Rangers – 54 (540)
Scottish Cup (5 points)
Celtic – 36 (180)
Rangers – 33 (165)
Scottish League Cup (3 points)
Celtic – 16 (48)
Rangers – 27 (71)
Total domestic
Celtic – 99 (698)
Rangers – 114 (776)
European Cup (150 points)
Celtic – 1 (150)
Rangers – 0
Cup Winners Cup (75 points)
Celtic – 0
Rangers – 1 (75)
Other European Finals (50 points for European Cup Final, 25 points for Cup Winners Cup/UEFA Cup Final)
Celtic – 2 (75)
Rangers – 3 (75)
Champions League knockout round (10)
Celtic – 3 (15)
Rangers – 1 (5)
Champions League
Celtic – P161 W88 D32 L68 Win 46.81%
Rangers – P161 W62 D40 L59 Win 38.51%
Cup Winners Cup
Celtic P38 W21 D4 L13 Win 55.26%
Rangers P54 W27 D11 L16 Win 50%
Europa League
Celtic P99 W40 D25 L34 Win 40.40%
Rangers P76 W31 D23 L22 Win 40.79%
Total Europe
Celtic P334 W151 D64 L119 Win
45.21%
Rangers P313 W128 D80 L105 Win 40.89%
Total
Celtic – 100 (938)
Rangers – 115 (931)
League titles – decade dominance
1890s – Celtic 4 Rangers 2
1900s – Celtic 5 Rangers 3
1910s – Celtic 6 Rangers 4
1920s – Celtic 2 Rangers 8
1930s – Celtic 2 Rangers 7
1940s – Celtic 0 Rangers 2
1950s – Celtic 1 Rangers 5
1960s – Celtic 4 Rangers 3
1970s – Celtic 7 Rangers 3
1980s – Celtic 4 Rangers 2
1990s – Celtic 1 Rangers 9
2000s – Celtic 6 Rangers 4
2010s – Celtic 5 Rangers 2
Decades on top – Celtic 8 Rangers 5
As you can see despite having 15 trophies less we accumulate more points given the prestige of certain trophies we’ve won (here’s looking at you Big Ears!)
My Hun acquaintence of course wasn’t having this and insisted it be based on purely trophies and that I take away points for reaching finals and for champions league knockout rounds.
So I did…
Celtic = 848
Rangers = 851
I said “congratulations, according to our criteria you are still the most successful club.”
He had a smug WATP grin on his face.
I then said “that is until perhaps this weekend when we win the league and even if you somehow win the Scottish Cup we will still be in front. We welcome the chase!”
He called the usual bigoted names and then stormed off before shouting back at me “aye but you’re still 16 trophies behind eh!”
You can’t win eh lol
(This experiment also failed to take into account our historic Coronation Cup victory, the Empire Exhibition Cup, the Victory in Europe Cup, all of the Glasgow Cups won down the years so I don’t think it’s much of a debate who the most successful club in Scotland is).
I’m sure Pedro will soon have us sorted out though and restore “The Rangers” to their rightful place as number one ;0)
From Aiden McGeadys attitude under WGS I couldn’t see him knuckling under to Brendan’s regime.
Just read The Scotmans Referee Review of Madden on Sunday. Hilarious. Obviously written by 2 zombie journos. Griffiths wasn’t a penalty, Miller should have been a yellow, Holt should have been a yellow and Brown should have been sent off.
HUNTLYBHOY
Monday night’s in a pub are effing murder,aren’t they?
On another point,
I really hope Sunday serves as our wake up call as to how good we’ll need to be in order to progress to the Cup final in May. Hopefully we may look back at the lapse in performance and concentration as a blessing in disguise after the semi.
A few other posters have mentioned the fact that not only the players but the support have to guard against complacency.
The whole “here we go 10IAR” song sits really uncomfortably with me, it’s something that the Zombies would do and I always get the feeling it can come back to bite us if we don’t keep striving to keep improving in all areas of the club. One year, let alone four, is a long long time in football and much can happen.
Just my opinion mind.
Here’s hoping that if Brendan sticks around for at least the next few years (let’s say he gets to 8IAR for example) that his heart rules his head and he sees it as his personal legacy to carry on an extra few years to ensure that the song becomes a reality.
Dbhoy
No two players are identical, but I’d say they are similar. I don’t think either can play in a high-tempo, high-intensity, high-energy style.
BOURNESOUPRECIPE on 14TH MARCH 2017 1:49 PM
Different matter sending off Celtic players.
~~~~~~~~~~++~~~~~~~~~~
Indeed,and yet we are so surprised.
Maybe the only second time that I’m disappointed with PAUL67 ducking an issue-it’s his choice what he posts,and I’ve ducked a few anaw-and I got a kicking on here the first time.
On the other hand,head over to E-Tims,and see if they’re being so nice about the proceedings.
PAUL67,you made your reputation by leading from the front. I distinctly recall my first few months on here.
Around April 2009, you said-as we were clearly losing the league-that you would do a summation of where it went wrong,and that you would be excoriating in your criticism.
It never happened,and much as I love you for this site,it hasn’t happened since.
I’ve always wondered why.
Soukous 2:03
Good spot!
They were clearly targeting Hazard last night.
People talk about a sending-off “spoiling the game”. Isn’t a game spoiled when the most skilful player is getting kicked off the park?
No chance we will see McGeady again, think about Brendan’s buzzwords, desire, mentality, concentration, work, press, hunger. Aiden doesn’t fit this team nor does he fit our recruitment profile.
Pedro = Patsy
GLASSTWOTHIRDSFULL on 14TH MARCH 2017 2:24 PM
Fair enough but I would say Aiden is a lot more mobile than Kris and would add to what we’ve got already. Also think BR being the coach he is would get more out if Aiden than we have seen previously.
He also comes back with more experience and prior knowledge of the club/league obviously.
As a potential signing, its a big YES from me
if paddy Roberts can’t get a start ahead of Forrest I can’t see Mcgeady getting one
THETIMREAPER on 14TH MARCH 2017 2:29 PM
No chance we will see McGeady again, think about Brendan’s buzzwords, desire, mentality, concentration, work, press, hunger. Aiden doesn’t fit this team nor does he fit our recruitment profile.
__________________
TTR
Some valid criticism of Aiden there based on past performances but I don’t think you could apply any of the above words to Forrest pre Brendan.
Where as now Forrest shows majority of those attributes on a regular basis.
Some on here don’t think positives about the club and how it’s ran is not a good thing, Hun mentality if you ask me, but no one did, so I’ll post this outstanding positive article on how the club and the board are doing, wasent that long ago some in here where begging for shares for others to get a resolution through, short memories eh? Unlike the sevco, everything Celtic is Celtic..
Thought I’d post these positive items about the club and the board, to good to miss. :))
TONYDONNELLY67 on 14TH MARCH 2017 12:02 PM
Outstanding job by the board, and PL take a bow lads, well done.
According to the Reuters chief market correspondent, Celtic shares have hit their highest in over 15 years.
Celtic shares highest in over 15 years. Up 28% so far this year, strongly outperforming the wider market. @Heavidor pic.twitter.com/O1woKPSVjg
— Jamie McGeever (@ReutersJamie) March 14, 2017
With the club showing growth on and off the park shares have steadily risen over the course of the season.
Right now Celtic’s market value is £125million. To put that into some sort of perspective a team third place in the league in the same league is only valued at £20million.
For those number anoraks out there wanting to know what it all means, have a look at THIS article from yesterday via Dasher Business review
TONYDONNELLY67 on 14TH MARCH 2017 12:05 PM
https://dasherbusinessreview.com/celtic-plc-ccp-l-shows-positive-weekly-momentum/
BMCUW
Indeed, not only do we have supporters that expect and accept ‘it’ – we have a PLC and Board of Directors that are happy to play along ( whilst we’re winning the longer game .)
This is where the Celtic support fractions into groups,
A) Celtic supporters that say “ What do you expect when the referee is already a a card carrying known supporter “ we rolled up on Sunday with this knowledge, so we must roll over?
B) Celtic supporters that are diametrically opposed to the heated driveway notion of Celtic.
The Celtic mantra is not to complain or definately not too publicly and that is why we are where we are. Board says we’ve got the money you’ve still got the League.
The difficulty is not Bobby Madden the difficulty could be John Beaton or Andrew Dallas next week, Steven McLean again, or Craig Thompson again, etc, etc.
Brendan Rodgers had the balls to call out the referee, he even interviewed him on the pitch by the Jungle , it’s a pity the lily livered Board didn’t and don’t .
Plus ca change CSC
Dbhoy
Agree re mobility.
Also agree with TheTimReaper about not fitting our signing profile.
I think there’s sometimes a tendency to get a bit misty-eyed about former players or Celtic-supporting players.
I always think just get the person who fits the bill best.
CELTIC40ME
True enough, but wee Jamesie might continue to get hooked at half time.
GLASSTWOTHIRDSFULL on 14TH MARCH 2017 2:58 PM
Dbhoy
Agree re mobility.
Also agree with TheTimReaper about not fitting our signing profile.
I think there’s sometimes a tendency to get a bit misty-eyed about former players or Celtic-supporting players.
I always think just get the person who fits the bill best.
_____________________
Messi it is then ;)
BMCUW,
They sure are! It’s often my “humour a Hun” night.
McGeady appears to be playing well and in good physical shape right now. He’ll be available on a bosman.
It will of course depend on what kind of money he’s after but I’d have him back. Paddy Roberts may not be at Celtic next season and we can do worse than bring back a former player of the year.
Hi Troops going to Benalmadena tomorrow for a week looking for a couple of bars to go to. Mainly for the Celtic game at Dundee and for ST Patricks day would be much appreciated Cheers. HH.
Turkeybhoy DD will very pleased with the share price. Mon the Balance sheet.
HUNTLYBHOY86 on 14TH MARCH 2017 2:08 PM
FANTASTIC post. You have done all my work for me as I had been thinking the same thoughts about the relative value of trophies but was too lazy to do the comparison that you have just done.
Over all my years on CQN, I have saved 7 posts for posterity. Now I have 8.
Wullie Collum for Sun. At Dens Park.
And the hits just keep on coming. :)
https://youtu.be/WQZqJ_-WAO8