SFA, The Offshore Game, flogging assets

616

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!

Click Here for Comments >
Share.

About Author

616 Comments

  1. Birthday and christmas all in same week

     

     

    Too much boozin. I’ll never learn.

     

     

    Happy christmas and new year to everyone.

  2. Like no other

     

    07:47 on

     

    27 December, 2014

     

    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

     

     

    We must be tolerant and accommodating at all times, however we must not attempt to turn our country into something it is not, against the will of the overwhelming majority.

     

     

    Yes we have our faults, however, like the USA, our Embassies and Consulates are ”queued round the block’ and ’round the clock’ in numerous countries, with people looking to start a new an FREE life.

     

     

    Of course let’s examine our behaviour and be critical of ourselves and our way of life, however there is a politically correct minority in our country who want only to ‘put the boot in’ and denigrate at every turn.

  3. Horrid Henry

     

     

    The plus is we can afford a small winter break, which i reckon will make a big difference. This will be crucial for the huns game especially imo.

     

    I would expect at least a 3 goal margin, depending on MIB performance.

  4. horrid henry

     

     

    08:09 on 27 December, 2014

     

     

    By the end of February we will have extended our lead at the top of the league, be in the League Cup Final and still be in the Scottish Cup. The only negative will be we will be out of Europe.

  5. Horrid Henry:-

     

    We must be tolerant and accommodating at all times, however we must not attempt to turn our country into something it is not, against the will of the overwhelming majority.

     

     

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

     

     

    I completely agree but fear that this is what the BBC and the “politically correct minority” are currently attempting to do.

  6. Horrid Henry

     

     

    Agreed wrt January/February. When it’s presented as starkly as that, it’s clearly a crucial two months coming up.

     

    KTF!!

     

    HH

  7. Somewhat Baltic in Glasgow today if you need to be somewhere soon by car get out and defrost it dont make the same mistake i did at 0530 this morning !!!

  8. 16 roads.

     

    I have said many a time LUBO is the greatest two footed player I have ever seen and I can go back to the fifties. ( 1st cup final, replay against Clyde).

     

    On one of my many DVDs OOR Henrik says ” it’s terrible, I train with him every day and still don’t know if he’s left or right footed. IMHO Henrik was no a bad player but spot on in his judgement of Lubo.

     

     

    HH

  9. thecelt45

     

     

    02:17 on 27 December, 2014

     

    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

     

     

     

    -///-

     

     

    I’ll pass on your kind regards the next time I see him. Hopefully that’ll be today.

     

     

    HH jamesgang

  10. Horrid Henry

     

    Agreed, be careful what we wish for, for all our faults we are often on the side of the Angels.

     

     

    16 roads

     

    Lubo is my favourite Celt of last twenty years, that DVD shows all of his genius, Henke and Paul McStay are also heroes but Lubo had that wee bit of devilment in him which made me wonder at his skills.

     

    HH

  11. £6.5m – values the shares on offer at 6.3p – is that likely to be accepted/acceptable?

     

    Happy days indeed!

     

    HH

  12. Pogmathonyahun aka Laird of the Smiles on

    Good morning from a somewhat chilly Dumbreck. Going to the game today with my 2 Bhoys who reliably inform me that they have never been to Paradise together, before. The youngest was too young when we moved to Germany.

     

    Looking forward to the whole match day experience with pre and post match libations and of course the more important visit to Paradise.

     

    May catch up with some of you Ghuys later.

     

     

    Hail! Hail! PMTYH.

  13. joe_joe_john_bobby_teddy on

    Folks I have an adults and child ticket spare for Kilmarnock, if anyone wants them let me know (no money required)

  14. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    PROUDBHOY

     

     

    Sounds like these joint celebrations took you by surprise. I thought you might be used to it by now!

     

     

    Glad you enjoyed them though.

     

     

    Not heard from Gordon64 since his joint celebration two days back. I hope he’s still alive,or Voguepunter will have to buy his own pint!

  15. Mighty Tim

     

    Thoughts and prayers. My brother-in-law is also of that persuasion, but a top bloke nevertheless. Family is everything.

     

    HH

  16. Tim Malone Will Tell on

    PMTYH

     

     

    Don’t know how you would normally travel to CP – but if you have the time and inclination I would suggest getting the train to Dalmarnock.

     

    The walk to CP from the station is truly inspiring – the stadium is like a cathedral beckoning the pilgrims. I think your boys would enjoy that walk (weather and time permitting of course).

  17. * LAST MAN STANDING 3 *

     

     

    Another reminder that another Last Man Standing competition will kick off in the New Year (Sat 10th Jan). As before it will be £10 to enter, with 50% as before going to support Wee Shay.

     

     

    The idea is simple. Each week you simply choose 1 team from a list of selected top flight UK games and if your team wins, you’re still in. You cannot pick the same team more than once.

     

     

    There will be a slight twist with the upcoming competition. If you fall in any of the first 3 weeks you have the option of buying another life – but to do so (each time) will cost another £10.

     

     

    To register your interest, please drop us an email to cqnpredictor@gmail.com and we’ll issue further details to you in the next week or so. It can also help if you remember to put your moniker in the email. Feel free to rope in any lurkers, friends, family, colleagues,etc – all they need to do is email their interest.

     

     

    Jobo/CRC

  18. ....PFayr supports WeeOscar on

    BMCUWP

     

     

    What’s the ole tipster from Kilwinning on today ??

     

     

    He seems to be ahead of us …..wisnae be hard

  19. Big game today lots of teams within striking distance of us Ross County may be dangerous opposition fighting against relegation.Let’s hope for an entertaing match and that we start putting away a reasonable percentage of the chances we create.Leigh Griffiths to start please.Would’nt mind someone to provide the quality of corner kicks Lubo used to swing in with either foot.

  20. Meant to say earlier, thanks to Paul 67 for this blog and everything it brings, most especially the fantastic charity work. We may disagree from time to time, but nobody can deny the ultimate good that is engendered.

     

    Looking forward to another great day at CP – definitely with thermals! Arbroath CSC bus pick up at Monifieth at 1145. Hope we get a good performance and result.

     

    HH to one and all

     

    (p.s. for Neustadt Braw, got a call to say that I have won £25 via the Forfar CSC Christmas Raffle – braw!).

  21. Mighty Tim hope your father in law Dougie pulls through. Look after yourself and family. Take care.

  22. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    PF AYR

     

     

    I’ll bet the aul’ sod will post his own tip this week,about two minutes before the off!

     

     

    If you think you’re on a bad run,you have come to the right person to console you.

     

     

    Shocking run of form here.

  23. Dexter says PAY THE LIVING WAGE CELTIC PLC on

    Happy Christmas one and ahll.

     

     

    Love to see the lhads really hammer a team at home like we do often used to.

     

     

    In order to achieve this aim, I think the following XI should start today-

     

     

    Gordon

     

    Izzy, VVD, Lustig (if fit- alternatively Efe through gritted teeth- no alternatives), Adam M, Brown, Johansen, Commons, Bitton, Guidetti, Griff.

     

     

     

    HH!

  24. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    GENE

     

     

    Are you heading for Swindon tomorrow to watch your local team getting gubbed?

     

     

    Hmmm,jinxed that…

  25. bmcwp

     

    don’t go to away games and don’t expect anything from the game tomorrow – mind you didn’t expect to beat sheffied yesterday, so you never know.

  26. Joe Filippis Haircut on

    Well it looks like the Rangers are going to be thrown yet another lifeline 6.5 million of new money that should last until about April.Why these folk just dont buy St Mirren and start again instead of continueing to kiss a dead frog. H.H.

  27. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    GENE

     

     

    SWINDON are a very young and inexperienced side.

     

     

    As such,they can beat anyone. Or cock it up.

     

     

    They had about 70% possession last week. Still lost.

  28. £6.5 million into a busines that no one knows who owns it?

     

    I’m sure these guys all made there money being clever at deals,now I’m not a high roller, but this to me doesent look like a good deal.

     

    But as I said what do i know?

  29. Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma on

    Good Morning All.

     

     

    Unfortunately, I am still not well enough to venture out and take in today’s game and listening to Malorbhoy’s patter during the 90 minutes so it will be a day of staying indoors for me.

     

     

    I hope everyone enjoys the game and that those meeting up afterwards for a night out have a great time.

     

     

    Mighty Tim — thoughts and prayers with your father – in- law and with your family at this time.

     

     

    HH

     

     

    BRTH

  30. Joe Filippis Haircut on

    tonydonnelly67. There must be oil under Ibrokes why else would they waste there money. H.H. :- )