In October last year, with Rangers riding high in the league and with Craig Whyte enjoying messianic worship at Ibrox, Celtic Quick News published an article with a few predictions:
“In the event of Rangers facing financial Armageddon…. a prepack offer from a new company, for example, Rangers Newco FC Ltd, would offer an administrator a deal for all assets of the club, including stadium and offer to meet outstanding player wages. Deals like this seldom offer unsecured creditors much but even a small percentage might realise more cash than the administrator would gamble on raising in an unstructured sale.
“In such circumstances, the administrator could accept as little as £4m for the unsecured creditors.
“In normal business Rangers Newco FC Ltd would begin trading and this would be the end of the story but football is not normal business. Rangers Newco FC would own a stadium and would employ some footballers but they would not be part of any league structure. They would need to apply for membership to the Scottish Football League or Scottish Premier League.
“In this scenario, the death of Rangers Football Club would leave a vacancy in the SPL, presenting several financial, logistical and sporting challenges…. current TV contracts and sponsorship deals could be jeopardised, while future contracts would be worth a fraction of their current values.
“There is, of course, a resolution to this problem.
“Rangers Newco FC Ltd could present an offer to the SPL. The new company, with its stadium and thousands of potential supporters, could. … adopt the place of Rangers FC, complete their fixtures and allow every other team in the league to fulfil commercial obligations.
“ If [enough]clubs stand against them, they would have to apply for membership of the Scottish Football League, but, having researched this story for several days, I expect Rangers Newco FC Ltd would get enough support to pick-up the place of the defunct Rangers FC.
“Celtic fans, as well as those from Aberdeen, Hibernian, Dundee United and St Johnstone, together with fans from Motherwell, who could become genuine championship contenders [they were pushing us hard at the time], and from those clubs who would avoid relegation if Rangers failed, must insist their club votes against any prepack company parachuting into the league.
“Watch the media coverage of these events carefully. If and when the decision time comes, the case to acquiesce to Rangers Newco’s demands will be overwhelming. Sincere ‘impartial’ observers will do their upmost to convince us all we must do whatever necessary to save Rangers for the good of the Scottish game. Some voices will even tell you Celtic need Rangers Newco. Whatever part of my club is dependent on Rangers I am willing to lose.”
Pretty much all of the above came to pass but the position of the SPL clubs is noteworthy. As recently as last month Celtic were the only club prepared to vote No to Newco. In the months since Rangers went into administration in February the crescendo of fans voices slowly became impossible to ignore. Clubs which were set to vote yes, were left with no choice but to observe their ultimate paymasters.
It was a phenomenal grassroots campaign.
Kelvinbhoy asked me to pass on his thanks for the fantastic response to his appeal for kids bikes for underprivileged children. Well done to all who helped!
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Let’s keep Grimmond McCrummoch in those sights…………………don’t let hbim get comfy again.
Seven Fishes Four Steaks on 26 June, 2012 at 20:00 said:
The tri-colour is still up just across from the Hatchet Field mate.Seen the letters being rolled up earlier,it was really heavy mist,but it is clearing now.
There are a few cop heli-copters hovering over the ‘Murph,nothing strange in that – no heli-copters near the mountain though,and there doesn’t seem to be anybody up there now.
Ron Bacardi you jogged my memory with your song , here is what I think is a better one…. http://www.youtube.com/watch?v=ziQx0cXV4nY
hen1rik on 26 June, 2012 at 20:08 said:
yes, maybe it’s all a conspiracy but I’d go for the Occam’s razor approach and suggest that they just know they have to be out by Thurs to avoid being transferred to newco and being stuck in limboland.
Jungle Jim on 26 June, 2012 at 19:50 said:
Here, here. I agree.
We know that other clubs , such as Motherwell, do have a “certain element” that would not be out of place amongst the hordes; nor indeed can we deny that all clubs have a minority of absolute head bangers in their midst…but let us hope that all our future rivalries have more to do with football and sporting grudges than anything else, like it was in the “bad old days”…let sectarianism and bigotry die with them.
I ok that put me in my place lol.
wonkyradar on 26 June, 2012 at 19:39 said:
That’s got to have been “awe nawed”. The spelling is too good.
Dont know if anyone has posted this, sorry if they have.
Just catching up .
Blackburn rovers interested in Naismith.
Lithybhoy said:
“Can anyone tell me how and why the absence of the Hun game in the long term will make things so much better?”
The Home games against THEM were, undoubtedly for me, the biggest games of the season. But it cannot be denied that pure hatred was the reason for the “special atmosphere”. My hope is that when we play whoever our nearest challengers are ( and we might NOT be top of the League anyway), then that game will be the one with the highly charged atmosphere but not, this time, because of hatred. I see that as being ” much better.”
Even so, I do take your point and am prepared for the possibility that whilst the love ove Celtic will remain intact, that exciting desperation of desire to finish above THEM might be missed. Might be…..but then again, might not be !
JJ
Len Brennan on 26 June, 2012 at 20:09 said:
Judging from the responses on that thread, it’s serious after all. A paltry group of 10-20 turned up.
There is something going on inside, they chapped the door and noone wanted to talk to the; doorman says it’s a private function and there’s a fancy silver car parked outside which one of them thinks might be Ally’s.
newradbhoy
Internet coin says Naismith goes to Everton.
Heard there are 3 seriously injured after being attacked by loyalists in the hatchet field.
Photo of Loyalists at the hatchet field
Árd Macha
Seven Fishes Four Steaks on 26 June, 2012 at 20:00 said:
Its a shame dodds couldnt use his own words against himself during his 10+ year tenure as north belfast MP every single July before, during and after the people of Ardoyne’s homes were turned into running battlefields.
Barcabhoy,
would rather you turned your sights on the sfa and the need for an independant investigation into why fiscal irregularities were not identified before now. the rest is small fry
Barcabhoy – when I get a bad feeling that in some way the Huns will escape their rightful punishment (not that often now to be fair) I remind myself of your posts on here and RTC.
It doesn’t sit comfortably with me that I am reliant on a stranger but I trust you (et al) will do the necessary when the timing is right.
If it’s an ’83 jag with a soiled Panama in the back window, it no doubt belongs to “Hughie”…………..
It’s the stink of a rotten carcass…the bloated decomposing corpse of a beached Blue Whale…Doncaster, Regan, Ogilvie, Green and others are attempting to resuscitate it…refusing to accept it’s dead…but every now and then an incoming wave suddenly crashes on the shore and moves the putrefying hulk very briefly…the fools jump up and down screaming: “It’s still alive, it’s still alive.”
FROM wonkyradar’s FF Hun post:
‘like a cornered insane elephant we will dust down our brogues we will come fighting back as we march’
=======================
‘a cornered insane elephant’ .
Beyond perfect. :))))))))))))))
Sorry for posting a link to the DR,,but you have to listen to the absolute drivel being spouted by Jabba and Jangle Jackson on the DR podcast!!!
http://www.dailyrecord.co.uk/
They are hurting badly!!!
Hail hail
ard macha,
five faces covered up, showing intent IMO premeditated is conspiracy.
Bloke 109
When does the focus go back to football? The Huns are dead.
Why should we suffer. If it is Zombie team bring them on. The real miscreants in this are not going to get away with it. They will face the law of the land and hopefully jailed. This will bring me more satisfaction ultimately than a signing ban or demotion to Div 3.
The opportunity to rub their noses in it mercilessly and directly is more appealing.
Lads…………..IMO, don’t click on the rockets….
Deprive them of your traffic……….
Bhoycott.
Wonky & MWD
which one of you genius penned that masterpiece – I think I just p!5hed myself reading it…Lawwell possessed with the spirit of Bobby Sands – wtf!!
RobertTressell on 26 June, 2012 at 17:26 said:
Off topic but looking for some advice.
Anyone got any inkling of what areas near the city centre in Glasgow (West of City preferably) might be regarded as ‘up and coming’? I am very out of touch and looking for some advice on where one might purchase a decent flat, at non west end prices in an area that is nice to live in. ASking the impossible probably and it’s not for myself not that it makes any difference (well it kinda does because it’s for a young lady trying to get on the property ladder who I wish to remain safe and well housed)
———————————————————————————–
Robert, there’s a Big House in the Govan area that will soon be going for a song. Only downside is that recently it has had several careless owners,
but upside is that it has had a new kitchen installed and apparently has a lovely marble staircase.
Hail! Hail! PMTYH
Big welcome to Ross County – good to see 2 Highland teams in the SPL..
Saint Stivs on 26 June, 2012 at 19:58 said:
“I’ve got into an awful habit lately. anytime i can i drive last the Victorian toilet block for a wee look.”
So do I. My wife has told me to chuck it as “they” will know what I’m up to…. and it’s her motor.
Cultsbhoy
I’d love to say it was me but…
It wasn’t.
MWD
Lithybhoy on 26 June, 2012 at 20:21 said:
Bloke 109
When does the focus go back to football? The Huns are dead.
Why should we suffer. If it is Zombie team bring them on. The real miscreants in this are not going to get away with it. They will face the law of the land and hopefully jailed. This will bring me more satisfaction ultimately than a signing ban or demotion to Div 3
correct the huns are dead…….Sevco are not a club…they cannot get demoted they are not in any league to get kicked out of it………….
Saint Stivs
I have driven passed it 4 times this week.
If I start going any slower i’ll get done for curb crawling.
MWD
16 roads, Just going by what i read on Twitter from Squinter from ATown news.
ArdMacha seems to have heard the same.
EWO, Dodds could be doing a lot more in North Belfast.
The amount of UDA UVF flags is incredible but he is worried about a tricolour on a mountain.
SffS
Árd Macha on 26 June, 2012 at 20:16 said:
Why do these cockeyed onanistic borstal boys always have that ubiquitous “look”? The overgrown foetus look? Are these inbred’s all related or is that stunted, underfed, bulbous forehead with the receding hairline a symptom of some incurable pathology? At least some of the glaiket toothless wonders had the good sense to hide their faces.
Neil canamalar Lennon hunskelper extrordinaire on 26 June, 2012 at 20:20 said
The irony is they left a jungle of union flags, UDA & UVF flags to go to a Belfast mountainside where a tricolour featured.
Apparently a few lads from West Belfast went up to challenge them and they ran off.
Helicopters buzzing now.
Árd Macha
CultsBhoy loves being 1st forever & ever on 26 June, 2012 at 20:22 said:
Wonky & MWD
which one of you genius penned that masterpiece – I think I just p!5hed myself reading it…Lawwell possessed with the spirit of Bobby Sands – wtf!!
I’m out on day pass!
Celtic Underground @celticrumours
So Sevco are unlikely to have any players. No SFA membership. No league to play in. Won’t own the stadium. No season ticket holders.
Sums it up nicely.
Beware the Elephant
Árd Macha on 26 June, 2012 at 20:16 said:
There is a fair squad up there now,about 200 or so i reckon,the mist has cleared rightly.
The sneaky sewer rats must have sneaked up after the fog had covered the mountain,and stole the letters.
The flag is still there.
Steve Davis walks away.
SFFS
the wife told me switching off her mothers life support machine is the hardest thing shes ever done.
obviously never sneezed while holding a pint