SFA, The Offshore Game, flogging assets

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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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  1. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    BIG CUP WINNERS

     

    CALTON TONGUES

     

    LEFTCLICKTIC

     

     

    Thanks,lads. What a strike.

     

     

    I was in the Arsenal end that night. My sister had The Hoops on.

     

     

    I disowned her,haha!

     

     

    We warned the Arsenal fans about Wdowczyk,they said you’ll never beat England’s no 1.

     

     

    Some strike.

  2. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    DENA29

     

     

    Aye,but you’ll get a taste for them. A good few hours of craic and good-humoured bedlam.

     

     

    And tales of Celtic,past and present. Canny beat that.

  3. jude2005 is Neil Lennon \o/ on

    BCW

     

     

     

    Good wans. But its the wan where the cottin is on the table at the AGM.

  4. BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS

     

    15:30 on

     

    26 December, 2014

     

    DENA29

     

     

    Aye,but you’ll get a taste for them. A good few hours of craic and good-humoured bedlam.

     

     

    And tales of Celtic,past and present. Canny beat that.

     

     

    looking forward to it if I was in Scotland I would make more love listening to peoples tales of following Celtic each one unique :-)))))

     

     

    HH

  5. leftclicktic

     

    15:32 on

     

    26 December, 2014

     

    DENA29

     

    What time do you set off from the house in the morning for the fitba?

     

     

    Half 5

     

     

    HH

  6. guidetti/ griffiths or griffiths/ scepovic ? wonder if ronny knows ? for me griff has to play !

  7. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    DENA29

     

     

    I’ll just be finishing my shift then. Long day for you. Love the effort you and so many like you make to watch The Hoops.

     

     

    And meet WEEFRATHETIM…

  8. oh gear poor Newcastle 2 nil down ho ho ho only problem is man ure have to win to do it but lesser of two evils for me

     

     

    HH

  9. BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS

     

    15:37 on

     

    26 December, 2014

     

    DENA29

     

     

    I’ll just be finishing my shift then. Long day for you. Love the effort you and so many like you make to watch The Hoops.

     

     

    And meet WEEFRATHETIM…

     

     

    many people would love to be in the position I am in I take it as a privilege and Both worth every minute of it :-)))))

     

     

     

    HH

  10. oh gear should read oh dear doh (I’m certainly internetily challenged I think I made a new word)

     

     

    HH

  11. Burgas Hoops

     

    15:41 on

     

    26 December, 2014

     

    Big team from Manchester on easy street now -)))

     

     

    and man utd winning too

     

     

    HH

  12. I remember going to Maine Rd a few yrs ago with a tic scarf on …………….not made very welcome if memory serves -))))

  13. Burgas Hoops

     

     

    15:43 on 26 December, 2014

     

     

    I remember going to Maine Rd a few yrs ago with a tic scarf on …………….not made very welcome if memory serves -))))

     

     

    Old Trafford too me.

  14. Good afternoon all.

     

     

    I can assure each and every one of you that meeting at “oor coarner” is a privelege for me. One of the good things to come out of CQN thanks to CRC. See yawl the mo. KTF and COYBIG. Hope we hammer this mob. 6-0. Boaby, you no in bed yet, ya rascal. :-)

     

     

    Weefra HH praying to Wee Oscar.

  15. 16 roads - Celtic über alles... on

    After a year of the Islamic State of Iraq and Syria purging Christian minorities from its self-declared caliphate, Iraqi and Syrian Christians are facing muted celebrations this Christmas.

     

     

    “Talk of Christmas and Christian occasions is forbidden under ISIS,” said Sulaiman Youssef, a Syrian researcher on minorities.

     

     

    “The group has destroyed, torched and looted all churches, and barred any display of Christian faith. They also forced the hijab and Islamic way of dress on Christian women, and killed several Christian men for refusing to obey their orders.”

     

     

    Faced with the option of either paying a tax, converting to Islam or fleeing, almost no Christians now live in ISIS-controlled areas in Syria, Youssef said.

     

     

    When ISIS first rose to power – in the Syrian cities of Raqqa, Tabaqa and Deir al-Zour – churches were destroyed or repurposed for militant uses.

     

     

    ISIS fighters also robbed the belongings of Christians and confiscated their homes, properties and shops.

     

     

    Since most Christian sects – including Armenians, Assyrians and Syriacs – living in ISIS-controlled areas have fled, the lives of the very few who remain are similar to the “cemetery’s dead,” said Youssef.

     

     

    “Those who have remained are a few families of elderly who couldn’t leave and are forced to pay the jizya [tax] to ISIS… We can’t get in touch with these people due to the network outage,” he added.

     

     

    Father Maysar Bahnam, who leads a congregation of around 400 at Baghdad’s Mar Korkis Catholic Church, said this year’s celebrations will be limited to traditional mass and liturgy services, and will be strictly limited to the confines of the church.

     

     

    “The situation in our city is very difficult… We can’t do anything outside the church,” he said.

     

     

    After seeing the effects of ISIS rule in Syria, no Christians still live in Iraq’s ISIS-controlled areas, Bahnam said.

     

     

    “Now, all the Christian people are living in Kurdistan…. so there’s no-one in the area” that ISIS controls.

     

     

    Youssef echoed Bahnam’s comments on the situation being worse in Iraq.

     

     

    “In Iraq, the scene is uglier and more horrid than it is in Syria, as ISIS has conducted operations of ethnic and religious cleansing which affected more than 250,000 Christians in the Nineveh province, which they control. “

     

     

    Michel Kassarji, the Chaldean bishop of Beirut, said his church was struggling to meet the needs of the 1,800 Christian refugee families – a figure growing by 25 every week – under its care.

     

     

    “It’s very difficult… As a church, we do everything to make the people here happy, and we try to help them with their food” and put children in school, said Kassarji.

     

     

    Nevertheless, the church still has numerous religious events this Christmas season, which both Iraqi and Syrian Christians attend.

     

     

    On Christmas day “we have three to four masses, and every three or four days we [give presents] to the children,” he added.

     

     

     

    Although Lebanon’s population is just under 5 million, there will be more than 1.3 million registered Syrian refugees in Lebanon by the start of next year, according to the U.N. refugee agency, with Iraqis making up a “significant” increase since ISIS seized Iraq’s second-largest city Mosul in June.

     

     

    Canon Andrew White, the vicar of Iraq’s only Anglican church who has fled the country, wrote on Facebook last week that despite the hardships, Iraqi Christians kept on clinging to their faith.

     

     

    “I will never forget the day in Baghdad when we had some visitors. They had come to see what it was really like for Christians in Iraq. They were so surprised by how happy the thousands of people were in our congregation. ‘How can you be so happy when you are surrounded, suicide bombs, mortar’s rockets and such violence.’ One of our young people answered the statement. “You see when you have lost everything, Jesus is all you have got left.”

  16. I hope you all had a fantastic day yesterday with family and friends. I know I had. And a really relaxing day today. Back to bedlam tomorrow as I’m going to the game. Everything needing sorted before I leave. Lol.

     

     

    Weefra HH praying to Wee Oscar.

  17. Minceyheidman

     

     

    Old Trafford too me.

     

     

     

    You’ve lost me Mincey -)) Maine Rd was shitty city’s ground.

  18. Jist Home fae the Holidays.

     

     

    Let’s See..

     

     

    Oh.. Aye..

     

     

    Again.. Ah Did Whit Ah like Tae Dae best..

     

     

    Confound Ma Critics.

     

     

    How Sweet it is!

     

     

    Yes, Virginia.. Those Guys Hiv A loat tae Learn.. but.. Wull They?

     

     

    Ah told those Panic Merchants.. tae Wait ..until

     

     

    EFTER CHRISTMAS.. Afore.. they Condemned Ronny tae the Scrap Heap.

     

     

    Did they Listen?

     

     

    Na.. No way..

     

     

    Well.. You Guys..n..ye know damn well. WHO ye ur!!

     

     

    Howdya Like Dem Dere Apples?

     

     

    it’s Noo..

     

     

    EFTER .. Christmas..

     

     

    n

     

     

     

    We are Firmly Ensconced at the Tap o league.. n..

     

     

    Ronny ,has Come Thru wi Flying Colors..

     

     

    Jist Like Ah Done Tole Ye.. When Ye wur Hollerin fur his Head..a few Months Ago..

     

     

    Well.. Wuz Ah no Right?

     

     

    When Ah said.. “Gie ,Ronny Till Efter Christmas,,afore ye Dump him oot wi the Dishwatter..

     

     

     

    Sure, Ah wiz Right..

     

     

    Ronny,is gonna be a Great Manager , fur us..

     

     

    No question..

     

     

    N.. Don’t Argue.

     

     

     

    Lookin’ Forward tae the Ross County Game..

     

     

    Although, It may turn oot tae be a Real Tough Game..

     

     

    Ross Coonty has a History of Gien us a Bad Time of It..

     

     

    Isnae that so.. LENNY BHOY?

     

     

    Kojo

     

    Still, Still Laughin’

  19. dena29

     

     

    A lot better and almost pain free. Strangely enough, the instep is still swollen, but it won’t stop me tomorrow, missing one game was bad enough.lol.

     

     

    Weefra HH praying to Wee Oscar.

  20. BMCUW

     

     

    How you doin mate? Hope all is good with you and yours.

     

    Thanks for posting the goals from Paul Davies testimonial.I was at that game accompanied by an Arsenal fan,senior in age and absolutely delighted how all Celtic

     

    were so friendly and cheery.he stilll speaks of that game.

     

    Cheers boab

     

    :-)

     

    HH

  21. Heh wee fra

     

     

    Whit yi sayin man?

     

     

    Are you gonnae pass fitness test for the morra? :-)

     

     

    Hope to see you there weefra

     

    ;-)

     

     

    HH

  22. WeefratheTim

     

    16:04 on

     

    26 December, 2014

     

    dena29

     

     

    A lot better and almost pain free. Strangely enough, the instep is still swollen, but it won’t stop me tomorrow, missing one game was bad enough.lol.

     

     

    Weefra HH praying to Wee Oscar.

     

     

    good ,plenty of strapping and we’ll get you a chairif we have to

     

     

    see you 2mara

     

     

    HH

  23. an tearmann

     

     

    How are you big chap. I am certainly fit enough to play ra morra. Hope to see you there. I’ll probably be there at my usual time of one hour before KO. That’s to suit the boozers on the bus. Lol.

     

     

    Weefra HH praying to Wee Oscar.

  24. While Ah am in the Mood tae Share..

     

     

    Next Celtic Starlet tae Mak the Big Time?

     

     

    JAMIE LINDSAY..

     

     

    This kid has Come oan.. At a Snail’s Pace..

     

     

    Aye.. Ah Hiv Jist Tumbled that He is a Star in the Makin..

     

     

    Remember the Name,Kiddies..

     

     

    that’s ..

     

     

    J A M IE L I N D S A Y

     

     

    He is Ma Kinda. Mid Fielder..

     

     

    Whit Kind is That.. then?

     

     

    Thocht Ye wid Nevah Ask!

     

     

    Well.. Ah wul Tell Ye..if Ye Promise No tae Tell anybuddy

     

     

    Promise?

     

     

    Good.

     

     

    Well.. Jamie LIndsay..

     

     

    NEVAH WASTES A PASS.. He always Makes Sure that His Pass Reaches a

     

    Celtic Player..

     

     

    Noo that may no Impress YOU.. but..

     

     

    It sure Diz…Me

     

     

    Yes.. Jamie Lindsay is Gonna be a Good Yin..

     

     

    He reminds me o… the Great Bobby Murdoch.. No quite as Good..yet…of Course..

     

     

    but Jamie is jist Nineteen.. n…. well…

     

     

    want Mair.. tales fae the Kojo Korner?

     

     

    O.K.

     

     

     

     

    Aiden Nesbit..is Turnin oot tae Be Anither Brammer..

     

     

    But.. Ah already hiv done Told Ye that He Is..

     

     

     

    He is Noo Recovered frum his Injury..

     

     

    N..he is Back in the Swing.. Ah like this Kid A Loater..

     

     

    Only a Lad of Seventeen Winters..

     

     

    but..

     

     

    He plays the GAME The Way RONNY likes tae see it played..

     

     

    Aiden, is an All Action Type.. he is Fiesty n he is Full of beans.. the Jumpin’ Kind.

     

     

    Kojo

     

    Still, Laughin’

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