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You are at:»»SFA, The Offshore Game, flogging assets

SFA, The Offshore Game, flogging assets

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By on CQN BLOG & Comments

The SFA surprised many by refusing Mike Ashley permission to buy up to 29.9% of a second club.  As I said earlier in the week, don’t get too hung up on this one.  Ashley could play The Offshore Game, like the anonymised Blue Pitch or Margarita, or he could just do what he’s already done, ignore the SFA and underwrite the share issue anyway.  What would the SFA do?

Well, they could impose the ultimate sanction, but that’s unlikely.  They could impose a heavy point penalty, enough to ensure the club are not promoted this season, and refuse to register signings of players older than 21-years.

It’s perhaps more likely that Ashley will loan the money required in return for whatever assets are left.  Oldco went out of business a few months after they were sold to a liquidation expert.  The path newco will follow down the lavvy will be different.  Like any other squeezed business, they will redeem assets, sell the training fields, and the stadium, before putting themselves into the hands of a liquidator.

As for long-term financial viability, does anyone think this looks likely?

Sale starts today on CQNBookstore, fill your boots!

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  5. antipodean red on

    mighty tim,

     

     

    Best Wishes to you, your father-in-law and your family in difficult times.

     

     

    AR

  9. Fess19 on

    We need 8 million to get to end of season.

     

    We owe mshley 3 million.

     

    Here’s 6.5 million?

     

    Am I missing something?

  10. jamesgang on

    mighty tim supporting wee oscar,

     

     

    Prayers said for your father in law.

     

     

    KTF

     

     

    HH jamesgang

  12. Thecelt45 on

    HH from Houston!

     

    Been some really good stuff on the blog last few days. Certainly kept me entertained and informed (stuck in hospital since Christmas Eve – bummer).

     

    Thoughts to all who are / have been facing challenging times throughout the year,

     

    KTF y’all…..You Will Never Walk Alone!

     

     

    Jamesgang, have not met you mate, but if you are at CQN corner tomorrow and Richie is there, say hi from me. Tell him I am still suffering from New Orleans! :)

     

    TC45

  14. Saint Stivs on

    That boy from Norway.

     

     

    On his way to Celtic it seems.

     

     

    Pal from Oslo told me in a wee Xmas text.

  16. RWE on

    Thecelt45

     

     

    Sorry to hear about your hospitalization.

     

     

    Get well soon and that Richie has got a lot to answer for :o)

     

     

    HH & KTF

  18. RWE on

    the_huddle

     

     

    Piano Man was the sing song/knees up at the end of my elder son’s wedding in Milwaukee in 2004. Only has that one memory for me now.

     

     

    As for GR’s Whatever’s written in your Heart – knocks lumps off the Lennon/McCartney and Brian Wilson.

     

     

    HH & Night

  20. westies on

    Mighty Tim,

     

    My father-in-law was also “from the other side” and a very decent man…..well he gave my girl about 45 years ago. Will say prayers for his recovery.

  21. 16 roads - Celtic über alles... on

    Mighty Tim – Hopefully the Dougie fella wins his battle, a wee prayer said in Ireland for himself, yerself and the rest of the clan.

     

     

    HH.

  23. Thindimebhoy on

    Christmas for 2014 is over

     

     

    Now we get ready for year 2015

     

     

    Top of the league whatever happens

     

     

    Don’t forget their nine was swine our nine was sublime

     

     

    HH

  24. Thindimebhoy on

    Posting on CQN influences BBC webpages is this possible…?

     

     

    Thindimebhoy

     

     

    21:40 on 24 December, 2014

     

     

    “Christians from across the world are gathering in the West Bank town of Bethlehem to mark Christmas Eve in the place they believe Jesus was born”

     

     

    http://www.bbc.co.uk/news/world-middle-east-30596539

     

     

    I have noticed over the last few years at Christmas time the BBC has revised its interpretation of Christ’s birthplace from the unquestionable to dubious.

     

     

    I expect this may be the controlling influence from secularism and atheism within the corporation.

     

     

    I believe the other great religions have no issue with the integrity of Christ’s birthplace.

     

     

    I have yet to read anything from the BBC about Mecca the place where Muslims believe Mohammed was born.

     

     

    On that note I wish all the posters on CQN of all persuasions a very happy Christmas the day Christ the saviour was born in Bethlehem or thereabouts.

     

     

    HH

     

     

    Now read the new BBC story about Christians at the same web address

     

     

    http://www.bbc.co.uk/news/world-middle-east-30596539

     

     

    Looks like us slap the other cheek chaps are back in vogue

     

     

    HH

  25. 16 roads - Celtic über alles... on

    You’ll never ever see another footballer like Lubomir Moravcik again, in your lives.

     

     

    And here, I include Tully, Jinky, Diego, Pele, the Maestro, Messi,Ronaldo and all in this statement.

     

     

    We have all played football /soccer whatever… ye hink yer doin’ well kicking, passing, shooting a wee bit ok with your weaker foot?

     

     

    See that video, the start think – def right foot is his strongest, then he starts smashing the goals in with the left, then vice versa.

     

     

    Sublime.

     

     

    Lubo was the greatest footballer that I have ever seen.

     

     

    Anybody who wants to bet, or argue – just watch and learn.

     

     

    A gift from God.

     

     

    Indeed.

     

     

    HH.

  26. 16 roads - Celtic über alles... on

    The BBC is the ultimate evil entity – propaganda and lies.

     

     

    See them now, referring to the Satanic beheaders and cannibals in Syria as “rebels”, “moderates”,”fighters”.

     

     

    Look at their support for the for the “establishment” team in Scootlaund, to this very day – almost 2015 ffs.

     

     

    The lies that this entity broadcast during the most recent conflict in Ireland?

     

     

    I read and watch the BBC “news” each and every day of my life, however I am very weary of every word that they write or speak.

     

     

    You can add the Guardian and the Huffington Post to that list as well.

     

     

    Baloney.

     

     

    HH.

  27. Jonny the Tim on

    googybhoy ♥ celtic

     

     

    17:17 on 26 December, 2014

     

    Norman “Curly” Watts is a prominent fictional character in the long-running British soap opera Coronation Street from 1983 to 2003, and in a few spin-off DVDs. He was portrayed throughout by the actor Kevin Kennedy.

     

     

    Kevin Kennedy is a big City Dan

     

    _________________________________________________________________________

     

     

    ( a wee bit late, as I’m playing catch-up) ……and, he once auditioned to play Bass with an up-and-coming band from Manchester, I think they were called “The Smiths” or something like that. I wonder what happened to them.

     

     

    HH

  29. Thindimebhoy on

    16 roads I agree

     

     

    We are scuttled by our self imposed modern comfortable uselessness

     

     

    Imagine not being able to work out how much we are all actually worth to the cosmos

     

     

    HH

  31. 16 roads - Celtic über alles... on

    One last thing – the BBC weather forecast is absolute Jimmy White.

     

     

    Frauds /crooks and phonies.

     

     

    Like the old and new Ranges clubs.

     

     

    Why should I pay my taxes to support this corruption?

     

     

    Left and right wing leeches.

     

     

    F them all.

     

     

    Gone.

     

     

    HH.

  32. Thindimebhoy on

    From this

     

     

    “Christians from across the world are gathering in the West Bank town of Bethlehem to mark Christmas Eve in the place they believe Jesus was born”

     

     

    To this

     

     

    “Christian pilgrims from across the world have celebrated midnight Mass in Bethlehem to mark Christmas Eve in the traditional birthplace of Jesus”

     

     

    Changed within one day after being posted on CQN under the same web address a

     

     

    http://www.bbc.co.uk/news/world-middle-east-30596539

     

     

    Never under estimate the power of the internet bampot

     

     

    HH

  36. Thunder Road on

    Back to work for this tim.

     

    Slept in and had to run a mile to catch a bus with a wee hangover.

     

    Good start to the day!

     

     

    Have a good day everyone……especially those going to Paradise.

  38. Gerryfaethebrig on

    jude2005 is neil lennon \o/

     

     

    13:46 on 26 December, 2014

     

    What price Griff hat trick tomorrow??

     

     

    Just looked at odds checker and they say Labrokes & Corals are 16/1 & Hills are 18/1, some on-line mob are 25/1, I still go to the bookies so I realise how much cash I hand over and not just press a button

  40. Like no other on

    Thindimebhoy:-

     

    I have noticed over the last few years at Christmas time the BBC has revised its interpretation of Christ’s birthplace from the unquestionable to dubious.

     

    I expect this may be the controlling influence from secularism and atheism within the corporation.

     

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~

     

     

    Completely agree. The BBC have a very narrow agenda which consists of pushing secularism and humanism, whilst ridiculing anything and everything to do with Christianity.

     

     

    And we pay for the pleasure.

     

     

    Can you imagine the uproar there would be if gunmen where climbing onto buses in Nigeria or Kenya and ordering Jews or Muslims to say Christian prayers or be shot?? But because its “only Christians”, this sectarian violence continues unabated and ignored by MSM.

     

    The time had come to make a bit of noise for these poor people struggling day in and day out – (like being forced to give birth in shackles in a prison cell because ypu won’t convert to Islam???????!!!!!!).

  41. Like no other on

    Anyways, back to happier times –

     

     

    CP @ 3!!!!!!

     

    Is there a finer feeling than waking up in the morning of a trip to Paradise!

     

    I don’t think so :)))))))

     

    #happyhoopyghirl

  42. Horrid Henry on

    TESTING TIMES IN JANUARY & FEBRUARY

     

    ————————————————————–

     

     

    After today we will face 11 games during the above two months – of these 7 will be SPFL (2 Home/5 Away) – 2 S/cup & L/cup (Dundee & Hampden) – 2 EUFA Cup (1 Home/1 Milan).

     

     

    Our whole season may hinge on these games.

     

     

    We take only a four point SPFL advantage into this period – very very interesting!!!

     

     

    Four competitions – make or break?

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