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Scott Allan back, Newco will have a plan!

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Scott Allan had an enormous August, feted by more than one club before joining the champions, so the emotional crash caused by his subsequent injury must have been significant. It was great to hear him return to action with the youths against Hearts last night. We’re competing in three competitions in the coming weeks, so there should be ample opportunity for Scott to get his feet under the table.

I’m a bit curious at reports Dave King and other Newco majority shareholders have agreed a plan to pay Charlies Green’s legal costs, “should they be ordered to do so by the court”.  Aye, very good.  It’s all a bit of a let down to me, who was hoping to see Dave take on the courts, before coming to an inevitable satisfactory outcome with them.

It puts a hitherto unknown limit on the modesty of Mr King, who has now apparently accepted his authority is below that of the Scottish court system. What we haven’t heard is what that plan is, who is going to stump up the cash, or who is going to make up the trading shortfall for this season.  I’m sure there’s nothing to worry about.

With no assets to secure and the prospect of a criminal trial rendering the business unsustainable, further investment at this stage is an act of considerable faith. Such acts do happen, think back to our own John Keane in 1994, who paid £1m to stop the Bank of Scotland putting Celtic into administration. It’s just this kind of act doesn’t seem to happen at Ibrox.  I wonder why?

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  1. It would appear to me that Mr King is getting his excuses in first and preparing for the insolvency event that he and his Bears are about to announce.

     

     

    Sports Direct, Greens Legal expenses and the expected long drawn-out court case, will be used as the ‘decision’ to “rip it up and start again”.

     

     

    Sevco is a ‘bucket with a hole in it’ and even if someone was willing to pour money in, in would do no good whatsoever. If the judgement goes against them and it is found that the club was born out of fraud, then a ‘healthy’ Sevco would only provide ‘easy pickings’ when it came to dissolution.

     

     

    The current incarnation must surely ‘hit the buffers’ – it is only a matter of when!

  2. I remember Tommy Burns doing a Q&A in Vegas to the North American Celtic supporters, and he was asked, (9/10 years ago this was maybe longer not sure) if there where any young bloods coming through who he thought was special? And the boy he said was named Michael O’Halleran had something different from the rest, he went on about this kid for about five minutes praised him to the highest and told us all to watch out for him in the future, he also added that for reasons unknown to the back room staff, that for some reason he developed later than the rest of the kids at his age, IE more or less he said others would make it before him, but! He was a late developer, and we should watch for him.

     

    He is not a bad player, and he is still young, time will tell I suppose.

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