Trending
Celtic News Now
Celtic Quick News on News Now
Celtic Quick News
You are at:»»Small investors in football clubs cannot overpay

Small investors in football clubs cannot overpay

1059
By on CQN BLOG & Comments

Really delighted at the flow of sentiment towards Billy McNeill and the launch of the new frontage of Celtic Park tomorrow.  The place is beginning to look like a 21st Century venue, now we need the shops, restaurants and bars to bring the match-day experience alive.

Were you one of the fans who put £620 (or more) into Celtic shares in 1994?  Around 10,000 did, raising an initial total of around £10m from small investors alone.  It wasn’t an investment, none of us wanted or expected the money back, it was our contribution to Celtic at a time of critical need.

Many small investor-Rangers fans did the same when Newco went to market in December 2012, although one high-profile investor, who coughed up £500k, has asked Dave King to buy him out.

The stark reality facing these shareholders is that if King’s path is followed to a logical conclusion the club will be run into the ground, destroying their investments along with everything else.  I have some sympathy for their position.

King is not interested in buying control of the club, even at the discounted price shares are now available at.  He emailed the £500k investor “Why should any new investor bail out existing investors because they made mistakes in overpaying for their shares. The club needs money not complaining shareholders”.

The price paid by small investors was perhaps the most irrelevant figure to them, they paid the gross figure they could afford, irrespective of price.  The value of the share was irrelevant so to accuse them of making a mistake by overpaying is like criticising the month of March for being too purple.

How the small shareholders feel about this behaviour will not determine what actions the Newco board takes, that will be come down to how easily manipulated people like the Easdales, Mike Ashley and Laxey Partners are.  My information is they are not easily manipulated in the slightest.

Seville – The Celtic Movement:

Please SelectCorrect Delivery Option

Click Here for Comments >
Share.

About Author

1,059 Comments
  1. Pages:
  3. 1
  4. ...
  5. 21
  6. 22
  7. 23
  8. 24
  9. 25
  10. 26
  11. 27
  12. 28

  1. desertbhoy on

    Apparently a “British” man won £73mil on the lottery last night…..

     

     

    Assume sleekit has been on the phone to see if he’s one of the worldwide millions of bears!!

  3. Kayal33 on

    up_over_goal

     

     

    Griffiths, 7 goals, 7 assists in 11 league appearances. What’s not to like??

     

    We’ll see how he fares in Europe next season but so far so good as far as I’m concerned. He’s been a lot better than I thought he would be.

  4. voguepunter on

    desertbhoy

     

    12:57 on

     

    3 May, 2014

     

    Apparently a “British” man won £73mil on the lottery last night…..

     

     

    ————————————

     

    How dare you call me ‘ british’ !

  5. Billy Bhoy 05 on

    craggy island gaa

     

     

    09:44 on 3 May, 2014

     

    Morning all,

     

     

    I don’t think Eden Hazard will be too happy with his coverage on SSN. The banner headline across the bottom of the screen has not changed for the last 32 MINUTES and reads:

     

     

    CHELSEA MANAGER JOSE MOURINHO QUESTIONS EDEN HAZARD’S COMMITMENT TO TEAM DURING GAMES

     

     

    I guess SSN are really trying to hammer the point home.

     

     

    I wonder if Sevco/TRFC will ask them to display:

     

     

    WE ARE NOT ABOUT TO GO BUST. AGAIN. HONEST.

     

     

     

    Same headlines about Hazard inThe Times

  7. up_over_goal on

    Kayal33

     

     

    Yes – the stats don’t lie. He’s done what he was brought here to do – I prefer players like Stokes and Commons who do more for the team on a regular basis. If he carries on playing even half as well as he did v Inverness, I’ll change my view, but it’s only in the two Inverness (hapless under Yogi Hughes) games plus v Hearts that he’s genuinely impressed in terms of his overall play.

  9. Auldheid on

    Looking forward to regular updates this afternoon.

     

    Armed only with Android devices that do not handle Flash streaming, I’m cut off from Celtic TV, but with the sun splitting the Costa sky I guess you cannot have everything.

  13. NatKnow - Supporting Wee Oscar on

    hoopy-do

     

    12:14 on

     

    3 May, 2014

     

    ‘roll on bacon’?

     

     

    noooooooooooooooooooo

     

     

    it’s either a roll n bacon or a bacon roll (the ‘n’ being short for ‘and’ not ‘on’)

     

     

    never a roll on bacon

     

     

    rite, that’s the important stuff attended to.

     

    —————————————–

     

    Roll on bacon? Never tried it. I use Right Guard which comes in other flavours and is a spray-can.

  14. Dharma Bam \o/ stands up for Neil Lennon on

    Brilliant, NatKnow! I was in town 28 years ago today, thinking we wouldn’t win. the game had finished and I still didn’t know the score. I was standing at the top of Buchanan Street in front of the escalator entrance to the Underground when this guy with a Celtic scarf on ran up the stairs out of the entrance, stopped in the middle of the street, put his arms up in the air and shouted; “YESSSSS!”. That’s how I found out we had won the league!

  15. beatbhoy on

    Glasgowbhoy at 12.00

     

     

    Sorry for delay in replying. I was in the enclosure too, with that awful sick feeling which accompanied the fear of throwing away a 2 goal lead against Deidco, which would have made a loss to them even more unbearable.

     

    Sick-feeling transferred with a strike of Murdo’s boot!

  18. nakasammi on

    Dundee Utd have sold out their Scottish Cup Final ticket allocation.

     

     

    But the SFA and Celtic!!!have failed to have more briefs printed to sell over the bank holiday weekend.

     

     

    Reported by that eejit Gordon ‘I’m a Falkirk fan’ Waddell in the DR

     

     

    Celtic really do need to challenge this mob.

     

     

    I didn’t buy it just noticed it on the back page in Tescos:-)

  19. tobagostreet on

    Hail Hail lads:

     

     

    I’ve been looking for pics of the new Celtic Way.

     

    Last I saw was the old school coming down.

     

    Does anyone have a link to the completed project,

     

    would love to see it.

     

     

    T

  22. tobagostreet on

    Exactly lhads! It looks SO good!

     

    So much better than walking into a parking lot.

     

    Love the giant crest!

     

     

    Thanks again!

     

     

    T

     

     

    ps keep ’em coming!

  23. Summa of Sammi.... on

    .

     

     

    Heard Rangers are planning something that could upstage.. The Celtic Way..

     

     

    It’s Called..The Rangers Way and will be a One Way Road/Tunnel that takes You directly to Hell..

     

     

    Summa of SatansWayCSC

  25. RobinBhoy on

    Celtic Way pics look great! Disappointed not to be there today but longstanding commitment to take Mrs RobinBhoy on holiday for her birthday means we will miss the game today.

     

     

    Enjoy the game! Fancy a big crowd today and a good win for Celtic looking at that team.

     

     

    Hail Hail!

     

     

    RobinBhoy

  26. Robcfc11 on

    summa.. i hear hell vetoed the planning request for the rangers way.. a spokesman from hell said “we are bad here but we are not THAT bad” ….

  27. mullet and co 2 on

    Saw someone dressed as a bear there in tescos port Glasgow. Half Celtic strip half rangers I commented that the bear was half deed.

     

    Promoting some Celtic v deed at park lea. Frank mcgarvey taking part as well as well as some folk from that old mythological entity.

     

    Is this a sign of things to come where ye olde derby will be reprised on a annual basis much like re runs of the original game of football.

     

    I wonder if there will be smoke bombs or just the usual odour of après rasage and sausage rolls.

  30. 'GG on

    No youth players named today. Understandable with two vital games coming up next week

     

     

    NEIL Lennon has named an unchanged team for today’s Scottish Premiership clash against Aberdeen as Celtic aim to repeat their dazzling display in last week’s 6-0 trouncing of Inverness Caley Thistle.

     

    Another victory for the Scottish champions would keep their hopes alive of smashing the 100-points barrier before the end of the campaign.

     

    Kick off in Paradise is 3pm and there will be live updates of the games on the club’s official Twitter feed: @celticfc

     

    CELTIC (4-3-1-2) Forster; Matthews, Ambrose, Van Dijk, Izaguirre, Brown, Mulgrew, Johansen; Commons; Stokes Grififths

     

    Subs: Zaluska, Balde, Pukki, Lustig, Kayal, Boerrigter, Henderson

  31. mullet and co 2 on

    Actually they could do a rerun of the sham my or their bohemian cousins – the sons of Donegal versus the port rangers. The port rangers didn’t sign a catholic till after judas. They said that was because Catholics wouldn’t sign for them.

  32. Summa of Sammi.... on

    .

     

     

    LymmBhoy..

     

     

    It went Great/Fantastic/Emotional/ and many More More Surreal being one of them..

     

     

    Taking things Slowly ..

     

     

    But at times Words fail me..in a Good way..

     

     

    Thanks

     

     

    001Bhoy

  36. andyR53 on

    weet weet weet(GBWO) 13:00 on 3 May, 2014

     

    Ha Ha Ha Ha Ha Ha… the funniest comment of all time surely… impossible not to sing ‘Hail Hail’ to it.. Brilliant.!!!!

  1. Pages:
  3. 1
  4. ...
  5. 21
  6. 22
  7. 23
  8. 24
  9. 25
  10. 26
  11. 27
  12. 28