It might have been a stretch to yesterday suggest Aaron Mooy as the breakout star of World Cup 2022. Still, Josip Juranovic’s defensive performance ensured a clean sheet for Croatia this morning and Daizen Maeda leads the Japanese line against Germany at lunchtime. I’m v excited for him!
If you were around here 17 years ago, you’ll perhaps remember that CQN started when a radio pundit said, “What the Celtic fans want to know, is what happened to all the Seville money?” I had had enough. Celtic lost millions during the Seville season. Fun was had, but the money went in the pockets of Henrik Larsson, John Hartson, Chris Sutton, Martin O’Neill and our other cherished heroes.
The founding issue of CQN was to bring light to the finances of Celtic. We did this and among others, continue to do so. I do, however, feel insight can more easily be found looking in on the actions around other clubs. Dave King, former director of former and Newco Rangers, waded into this territory yesterday.
I told you that you would miss King when he resigned from the Newco board. That guy was content gold for us blog writers, always there with a plan to “overinvest”, which is a euphemism that will get you into a bit of bother some ways down the line.
The good news is Dave’s back. He “jetted back”, of course, newspapers remain convinced their readers are obsessed by the propulsion method used when Newco staff and signing targets travel. Once the jetting stopped, he was able to enlighten the media of his plans.
At next month’s AGM he will apparently vote against the reappointment of chairman and diesel propulsion magnate, Douglas Park. Blood on the brogues, and not for the first time.
King told the Daily Record, “I’ve put in more than Douglas [Park]. I’ve put in more money than any one person in the history of the club. But I’ll tell you what. The supporters have put in a lot more than me.” Ah, the supporters. Shower them with praise when embarking on a civil war, nothing to do with King’s own interests, of course.
He continued, “They put in more than any investor and always have done. Just be honest with the supporters. Tell them what you are doing with the money. Then they’ll still back you.”
Just as with Celtic in 2004, what Newco are doing with their money is not in any doubt. It is writ large in their accounts for anyone who cares to read them. This is a football club hooked on persistent operating losses that is now subject to Uefa supervision under Financial Fair Play protocols. They can no longer “overinvest” and maintain acces to critical European revenues.
You and I know this, but our version is not what I hear from my Newco supporting pals. King’s tub thumping is what they hear. It fits the outlook of some football fans, who want their clubs to spend money and win more football games, without concern for what would follow.
I see it as asking: “Why can’t they just do the obvious and alleviate the consequences of my poor life choices by buying success I can use as a proxy for my self-worth.” This is what it boils down to, but honestly, try civilly explaining that to them! They do not appreciate my efforts!
You and I have said it before, a club can most effectively be brought down by internecine strife. Nothing an opponent can do to them comes close. Watch and learn lessons from them.