We are three days away from Rangers creditors’ vote on the proposed CVA and my best sources remain strongly of the view that HMRC will vote against. As a result, on Thursday, the process to liquidate Rangers will commence and Charles Green’s company, Sevco 5088, will attempt to purchase the assets of the business.
One of the first acts of Sevco 5088 will be to apply for membership to the Scottish Premier League. They will offer the league an opportunity to retain considerable revenue streams which would be lost to the league following the liquidation of the former football club, Rangers.
Attitudes hardened towards a Newco proposition since Mr Green came onto the scene, specifically since Rangers raised an action against the Scottish FA at the Court of Session, but sentiment in football is fickle. We should ignore all public comments on the subject of Newco and concentrate our minds on the SPL vote, which will take place next week.
Two months ago the Gang of 10 clubs thought they were in an ‘Arab Spring’ moment when they met to discuss how they would use Rangers demise as an opportunity to re-engineer the league. Charles Green is aware of their feelings on this matter and is likely to use this knowledge to inform his offer to the league.
Expect Green to offer to support a change in voting rights if the SPL allow Servco a franchise in the SPL. This offer would allow the Gang of 10 to not only retain much of their existing income streams, they would actually be able to bring in additional income. Servco FC would benefit from being the first company to be able to buy a place in the top division of Scottish football. The only loser from this scenario would be Celtic.
The existing voting rights protect Celtic from several hazards. The most important two are the rights of home teams to retain match ticket revenue and a limit to the number of home games shown live on TV for any club.
You will hear lots of comment from the Gang of 10 that they are not interested in splitting home gate money but none of them have agreed to exclude this matter from the change in voting rights. More Celtic home games on TV would be welcomed by armchair fans that live abroad but would see season ticket holders suffer as kick off times are moved to accommodate TV scheduling. Neither of these matters will be addressed at this month’s SPL meeting but, if the voting rights change, you can expect to read about them soon.
If the application from Sevco is rejected, we enter a new world, where SPL voting rights will inevitably change and Scottish clubs will have to learn to cooperate with each other on a constructive basis. As Celtic fans, we will embrace that challenge, but you can be sure that a slice of your season ticket money is being offered right now by people who have nothing whatsoever to do with Celtic.
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deliasmith on 11 June, 2012 at 17:01 said:
I assume that, like your namesake, you are a capitalist. Home team keeps gate…
Rational… If other teams want to speculate to accumulate, they can build 60,000 seat stadia and sell tickets to anybody who will buy them.
True… Celtic attract 50 – 60 thousand regularly. Why should they share? They invested, and get the benefit. Would you share your income with somebody else, or expect them to live within their means?
Hail Hail.
Yours in Celtic.
Paul67 can you oblige and send me praecepta’s email.
HH
Dwarf walls? Are the Vanguard Krankies on the rampage again?
Ten Men Won The League
One week ago tickets for group games in Ukraine were available on UEFA website, exclude Ukraine games. Those who got more games there, they were selling them for less than face prices. Only thee teams including Ukraine stay in Ukraine. Thirteen teams stay in Poland. It’s not one Euro 2012. These are two Euros.
C’mon hingland ,hope
my French is still as good.
jusqu’à vous anglais
Right wingers are all the same. Slippery types.
Folk wonder why Scots want England to lose. I give you two words. Clive Tyldesley. A jingoistic idiot of the highest order. Waterloo then Dometsk? Dear oh dear
At least on BBC HD you can listen without the commentary instead of listening to these sycophantic ITV commentators. Allez les bleus !!
gerrard est une saucisse
Oh my, that was pitiful. Tee hee.
stevebhoy – He we go again. Proportions of GDP spent on anything, say health, reflect expenditure. It doesn’t, as you well know, tell you who the benificiary was or what the money was spent on. For example, Bush Jr signed one of the biggest-ever increases in health spending into law. Unfortunately, it guaranteed that HMOs could charge what they liked for medication. In the cases of the very poorest (about 25% of Americans qualify for food vouchers) that is an increase in federal spending. However, for those millions of Americans who have insurance, it meant that either their contributions were increased or that their exclusions (effectively, excess) increased so that they pay more for each prescription.
Excellent point.
So you agree with me that simply increasing public spending doesn’t necessarily do the taxpayer much if any good?
Brilliant.
Incidentally, I’m aware there is much wrong with the US system of healthcare, but the quality of treatment you get for your money is first class. Compare that to here, where patients (particularly the old dears) are often made to feel like an inconvenience by stroppy nurses and unsympathetic doctors. (thumbsup)
sitter from Milner
Milner rounds the keeper – but he’s not Messi who scored in an identical move against Brazil at the weekend.
Milner est une boulette
Fernando like finish from Milner there
Stolen – I’m not as funny as this:
Ribery’s on fire tonight, or at least he looks like he has been at some point.
•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-• on 11 June, 2012
Good looks and good sense of humour,that’s me
covered ,what about you?
Philvis…
“So you agree with me that simply increasing public spending doesn’t necessarily do the taxpayer much if any good?” and ‘…the quality of treatment you get for your money is first class…’
Increasing public spending, which you rightly point out occurred under failed monetarist Thatcher as well as other leaders, rarely benefits the taxpayer if it is used, as is again being proposed, merely to line the pockets of subsidy junky capitalists. In Maggies day it was hospital cleaning contracts. Dave has the kids sleeping under bridges unpaid to suit ‘security’ companies. Hope Lizzy felt safe with those guards!
Quality of treatment, for those who can afford it, is excellent around the globe. Of course, choice relies upon ability to pay. You should try medicare. Americans hate it. Wonder why?
Thumbs up.
sparkleghirl
Close enough. The right side of Riberys face, and part of his forehead, were torn in a car accident when he was two.
So perhaps not so funny.
Oops. There you go.
P67
If a newco is voted in many will not go
I will not attend Scottish could wither on the vine as far as I’m concerned , if they allow this
Sparkleghirl…
Ribery..? Didnae seem tae know the words of his ain National Anthem…
That’ll have them dancin’ in the Banlieus
Alan Green ,on R5L. The human vuvuzela.
PF ayr
Have you renewed? I have, but I find myself agreeing fully with your point. I think I would go to home games and chuck away games (I missed two last season). I would also not go to any match at Hampden.
The French right-back is Sean Connery’s favourite composer.
deliasmith
I buy a season ticket for Celtic Park because I believe in the Club and what it stands for. I am willing to contribute financially to keep Celtic in the strongest position possible so that those beliefs are able to be aired in a society hostile to them. I am not willing to fund Clubs who are not part of that ethos and I believe that halving gate recepts with them does just that.
Also, Celtic are the reason why 50,000 or so are at the game, not the opposition whose numbers can be counted in the hundreds. Should Sinatra and his piano player have shared the “gate” money?
JJ
1-0 lescott
Oh dear.
1-0 Lescot pour L’anglais
Les Cott 1
Les Bleus 0
A copy of Ireland’s goal.
merde
Franck Ribery, Who’s he?
Bilal Yusuf Mohammed is his name.
You wouldnae call Mohammed Ali Cassius Clay or Cat Stephens Cat Stephens.
England should now go on to win the um, world cup.
•-:¦:-•** -:¦:- sparkleghirl :¦:-.•**• -:¦:-•
gonnae sort it ….
•-:¦:-•**•-:¦:- sparkleghirl -:¦:-.•**• -:¦:-•
… please
PFayr@17:25
‘If a newco is voted in many will not go’
I agree. Scottish football would be dead to me
That Alou Diarra is a poor player. The French must be struggling for defensive midfielders if he is getting a game
Bloke 109
Haven’t as yet
My situation has changed in that my bhoy whom I go to games with is going away to uni in Aberdeen
However I have delayed any decision to see how this newco Hun nonsense pans out
You wouldn’t call Steven Demetre Georgiou Gregor Stephens.