So-called spivs only ones to cough up again

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It appears that the so-called spivs are once again the only people likely to put their hands in their pockets to fund the coming season’s shortfall at Newco Rangers.  There has been a campaign for much of this year to drive the club into the gutter, although on this occasion no one has accused Celtic fans, the SFA, HMRC or various imaginary enemies of acting in an underhand manner.  These moves were all the work of formerly loyal Rangers men, who wanted ownership of Newco on the cheap, or some kind of influence thereafter.

The ‘spivs’ have not been intimidated or been blackmailed into handing over the club to hostile forces.  Instead they are prepared to invest again, stay the course and see a return on their money.

‘Spivs’ is an unnecessarily pejorative term but if money comes in from the variety of hedge funds and offshore entities it will not be a gift.  Neither was the initial investment of £5.5m, or the subsequent monies raised at the IPO.

It’s too late to complain about who owns the club, or that a collection on wealthy fans could have bought the assets of Rangers on the cheap when Charles Green stepped in.  Campaigns to undermine the club will not bring about a dramatic change, they will only weaken an already painfully weak entity.

Two years ago someone inside the game told me ‘the Rangers you know are dead, whether they phoenix or not.’  The outfit which exists now will forever be a bit-part player, which even Dave King recognises is an untenable commercial proposition.

Remember, Tommy Gemmell, Bertie Auld and John Hughes will be signing copies of their books at the Celtic Store in Argyle St from 1pm until 4pm on Saturday. Take a camera.
And before that, Bertie Auld will be live on CQN from 1pm this Friday. Expect anecdote overload.

Visit the CQN Bookstore to get Tommy Gemmell to sign your personal copy of his tome, All the Best.

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  1. Dontbrattbakkinanger on

    The current devolved NHS is Scotland has been saved from a lot of the swivel eyed lunacy affecting the NHS in England.

     

     

    However, the NHS in Scotland is bankrolled by UK taxation, and the Barnett formula helps send a few more bawbees ove rthe Border [hooray!]

     

     

    If Independence is the outcome of the referendum then the health service will be relying on wee Nicola’s fabled trillions of oil revenue to keep it running.

  2. You would think that one of our hungry journos would be on the phone to Mr Wallace asking him why only yesterday,he was assuring all and sundry that all was well with the huns.In fact,they have not been as well off for two years,we were assured.

     

    Yet today,we read they desperately need £8 million to keep afloat.

     

    What a quandary that has left me in.I really dont know who to believe.Drat those pesky huns.

  3. Dontbrattbakkinanger,

     

     

    So “Oil wealth”is now fabled,is it?.The things you learn on here,eh.

  4. I have a mortgage brokerage .

     

    My business is really struggling to get uk banks to lend in Spain.

     

     

    You see they are really risk averse to lending on foreign property.

     

     

    If they do the interest rates and set up fees are horrendous.

     

     

    Never mind if we get independence then surely the UK banks won’t treat a mortgage on a property in Scotland as an overseas mortgage.

     

     

    They would never use that as a reason to profiteer .

     

     

    Or would they?

     

     

    The whole independence thing is a joke .

     

    None of the big questions have been answered.

     

     

    Let’s just believe that it will be all right on the night.

     

     

    That seems a very sound way forward.

     

     

    Gamble,Gamble,Gamble.

     

     

    TT

  5. traditionalist88 on

    TinyTim

     

     

    Tommy in Glasgow had a good old chat with Imrhan Ahmed last week and Ahmed was pretty forthcoming with information on certain questions – seems to think the spivs are of the belief that they will get their money back *20 when ‘Rangers’ and Celtic move to a new environment.

     

     

    He’s a mouthpiece of course but you don’t know whats going on behind the scenes.

     

     

    Why are they keeping Sevco alive?

     

     

    I agree with you and looking at their squad compared to Hearts/Hibs at the moment there is a good chance they will make their first appearance in the Scots Premiership in season 2015/2016.

     

     

    I certainly can’t see them bouncing around the lower league for a couple of years before dying off as our host seems confident about…

     

     

    HH

  6. !!Bada Bing!! on

    I wonder how the hun who gave Sevco £1 mil plus, feels about Kenny Misser resigning? Seemingly he was due his money back last week and got hee haw

  7. Hamiltontim is praying for Oscar on

    Wee prediction.

     

     

    In his first season in charge of the mighty Celtic oul Ronny will win a domestic double and have us in the EL after Christmas.

  8. Pogmathonyahun aka Laird of the Smiles on

    favourite uncle

     

    12:14 on 11 June, 2014

     

    Pogmathonyahun aka Laird of the Smiles

     

    £27k winging to you as I type.hope your sister gets well soon.

     

    ————————————————————————————

     

    FU, funds received with thanks. Sister and me currently en route to Brazil for four weeks in search of miracle cure. Will keep you posted.

     

     

    PMTYH

  9. “Two years ago someone inside the game told me ‘the Rangers you know are dead, whether they phoenix or not.’ The outfit which exists now will forever be a bit-part player, which even Dave King recognises is an untenable commercial proposition”

     

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

     

    Celtic FC sit perhaps a little uncomfortably as the only viable European level club in Scotland but draws in the main its support from only around 17% of the culturally and religiously Catholic population.

     

     

    If oldco never come back as the force they once were and to represent the culture they once espoused then Celtic has to find a formula to be all things to all people in Scotland.

     

     

    This may explain the dumbing down of the support…..the barring and harassing of the GB….the watering down of the clubs historical context…..the religious orientation of its core support.

     

     

    In many ways it looks like a strategic business plan…….trying to retain its historic customer base while trying to be as many things as possible to as many new people as possible.

     

    It amounts to a repositioning of the business in the market place.

     

     

    If you accept this then logically we as a club must move to become more Scottish (I am speaking from a cultural and not legal perspective) and less Irish to accommodate the rest of the population of Scotland who whish to support a team in CL football.

     

     

    However when this happens we then lose the heart of what made us great for 125 years (and counting).

     

     

    Regardless of what the magnolia painters and decorators say and do to Celtic FC…..

     

     

    We were founded in Glasgow by Irish Roman Catholics to feed and support destitute Irish Roman Catholics because of the active discrimination against us…….this is the heartbeat that still drives the club today.

     

     

    When the core support who have come down through the generations can no longer remember the songs….dance the jigs……speak their minds…….we become just another franchise like KFC, McD’s, etc

     

     

    We have SOUL at Celtic but each successive coat of magnolia paint applied makes it less special.

     

     

    Just an opinion……

  10. Turkeybhoy

     

     

    “Seems to be a lot of the “No”brigade on here today.The ones that usually moan when any of the “Yes”guys bring it onto the blog.”

     

     

    And that is again what happened today. Yes guys brought it on to the blog and we responded. I have tried ignoring it but that wasn’t working. It keeps coming back.

     

     

    It might diminish when the WC starts tomorrow

  11. leftclicktic We are all Neil Lennon on

    ger57

     

     

     

    15:35 on 11 June, 2014

     

     

     

    Nothing on here suprises me anymore :)))

     

    Duran Duran pfffffffffffffft

  12. Hamiltontim is praying for Oscar on

    SFTB

     

     

    My knowledge is that it was to provide dinners for the people of the 3 parishes: Sacred Heart, St Mary’s and St Michael’s.

  13. TinyTim

     

     

    16:18

     

     

    The questions that are not being answered are deliberately not being answered by the UK Government/Better Together/No Thanks! They want to maintain the element of the unknown and fear as it is their best weapon.

     

     

    I would say, if someone feels the need to use fear then surely they do not have much of a leg to stand on. They know Scotland would be better off alone, otherwise they would spend their energy convincing us of the benefits of the UK, not what might happen if we go independent.

     

     

    It’s a hell YES for me.

  14. So the Great Sevco Season Book Boycott, which was aimed at prizing away control of the assets from the ‘unapproved’ Spivs in to the hands of genuine ‘Rangers’ Spivs, has actually had the reverse effect and ended up with Laxeys et al having an even greater call on the bricks, mortar, tarmac and playing fields?

     

     

    Who saw that coming?

     

     

    Well, er, apart from all of us………

     

     

    Bless their polyester socks

  15. Hamiltontim is praying for Oscar on

    greendreamz

     

     

    16:30 on 11 June, 2014

     

     

    I empathise with much of your post, however, being an all inclusive club we’ll never be limited only to that 17% Catholic population.

     

     

    There are many Protestants who follow us and I’ve met a few Muslims and Jews as well.

  16. ymmbhoy

     

     

    12:40 on 11 June, 2014

     

     

    Jock Stein documentary again for anyone who’s missed it.

     

     

    http://vimeo.com/97800904

     

     

    HH

     

     

    Quite brilliant! Archie and even Souness were deeply moved. Big Jock was a giant of the game and I well remember those days when we were a real force in world club football. Thanks for posting that link.

     

     

    HH

  17. FAVOURITE UNCLE on

    Pogmathonyahun aka Laird of the Smiles

     

     

     

    16:28 on 11 June, 2014

     

     

     

    favourite uncle

     

    12:14 on 11 June, 2014

     

    Pogmathonyahun aka Laird of the Smiles

     

    £27k winging to you as I type.hope your sister gets well soon.

     

    ————————————————————————————

     

    FU, funds received with thanks. Sister and me currently en route to Brazil for four weeks in search of miracle cure. Will keep you posted.

     

     

    PMTYH

     

     

     

    have a great time.keep all the receipts for me as a new EUROPEAN LOTTO WINNER {$95mil last night}I can claim against tax.anyone else that knows me can get in touch if they require any folding stuff for hols ,weans shoos,take a burd oot etc.ps I draw the line at season ticket renewals,GOLDBERGS ACCS,

  18. Why do Westminster want to hold onto Scotland?

     

     

    For our charm of course! Oh, and their altruistic side couldn’t bear to watch us go to hell in a hand cart.

     

     

    There couldn’t be any other reason, could there?

  19. Hamiltontim is praying for Oscar on

    SFTB

     

     

    I would hope not.

     

     

    My point is that it was for the provision of those 3 parishes that Celtic was founded.

     

     

    Being the man he was I don’t believe Brother Walfrid would have turned anyone away.

  20. 16 roads - Celtic über alles... on

    George Leathem was the generous supporter whom loaned the zombie club £1million.

     

     

    The condition for the loan being,that the amount is paid back as soon as the zombie club has that sum available in their account.

     

     

    Poor fella hasn’t been paid back the million yet,because they don’t have the money in their bank account, not yet anyway.

     

     

    If they do raise £7million through a new share issue, then £1million of that money is gone straight away to pay back the said creditor.

     

     

    HH.

  21. Hamiltontim is praying for Oscar on

    Apparently Archie McPherson will be providing alternative commentary on STV during the WC.

     

     

    Like him or not, at least it’s better than Chiles and the rest of those basket cases.

  22. HT

     

     

    I think it is an important distinction because the FF myth about our funding is that we were a sectarian organisation employing and feeding only Catholics.

     

     

    I know, and I believe it to be an important distinction, that, while Brother Walfrid wanted to provide food to local Catholics to reduce the temptation of proselytising via “non-denominational” food kitchens, htere is no record of any hungry having to agree to attend mass or take sacraments as a condition of being fed.

     

     

    I am wary of the FF myth being given credence.

  23. Dontbrattbakkinanger on

    I think wee Nicola is applying Sevconian season ticket sales forecasts to future oil revenues.

     

     

    In the meantime, down here we can’t move for wind turbines.

     

     

    Gggrrr…

  24. Right, I’m going out on a limb…

     

    I just get thus feeling about oor Ronnie.

     

    Prediction 1: we won’t get through the CL qualifiers this year

     

    2: we will lose more away league games thus coming season than the last 2 1/2 combined

     

    3: Ronnie will take us further in the CL, in its current format, than any previous manager.

     

     

    The Bhoy will come good!

     

     

    Might be the Hibs Club new Bud tap talking.

  25. Spoke to a couple of family members back home in Scotland lately. I thought they were shoe ins for the No vote.

     

     

    I was wrong and who’d a thunk it?

     

     

    Their reasons? The negativity of the Better Together campaign but MOSTLY the chance to rid themselves of the Eton Elite. To quote ‘At least and independent Scotland will never be Tory’.

     

     

    What I find really fascinating about the referendum and the campaigns on both sides is that you find all shades of political opinion on both sides of the argument. In particular it has really split the ‘Left’ – mind you it doesn’t take much to split the left!

     

     

    I also wonder if Scotland will be unique in modern history in a campaign for independence and a vote that could go either way NOT resulting in any kind of violence? I think that is highly commendable. I think it should also allay any fears people have about what will happen afterwards. If anything a Yes vote will lead to more trouble in the North East of Ireland as it will leave Unionists feeling all the mroe insecure about their ‘culture’ and future – without foundation I might add – and you will see a few very difficult years over here as a result. But that should not affect the vote.

     

     

    I don’t have a vote so I’m not encouraging anyone to vote either way, however, I personally hope for Independence for Scotland. Although as Jim Connolly said about Ireland, if all you do is change the flag then it will have been worth not one drop of the sweat that has been shed over it. If Scotland isn’t a better place for the weak and the vulnerable as a result of independence, then independence won’t be worth a damn.

     

     

    If it’s a no vote the same applies.

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

    Also any poor unfortunate that invested in shares during the original sale are going to see their price diluted even further after the next issue,rendering them shares virtually worthless.

     

     

    The spivs want their own investments back, and with interest, that’s why their sole intention is to keep the zombie club alive until such time as they can cash in.

     

     

    That time is when they are able to sell the asbestos dome,the car park and moonbeam park.

     

     

    HH.

  27. Big Nan

     

     

    Even in 1927, Celtic were being accused of downsizing:-

     

     

    “Montreal Guardian sportswriter UNO opines that the current Celtic squad are competent, but do not compare with Young, Loney and Hay and are “a Canal’s length behind the Celtic of Jimmy Quinn’s day”, who with McMenemy, Bennet, and Andy McAtee, were far superior.”

  28. bournesouprecipe on

    I remember Alan Rough and the ole curly perm versus hairodynamics debate.

     

     

    Eder CSC

  29. Nae,Nae,and thrice Nae, I was leaning to the Aye’s,Til Moonbeams converted me to the Nae’s.

  30. !!Bada Bing!! on

    HT- knowing STV, the 2 of them will be commentating from a broom cupboard at Atlantic Quay

  31. Hamiltontim is praying for Oscar on

    SFTB

     

     

    In 19thC Glasgow many of the immigrant Catholic population were on their knees.

     

     

    I’ve read at least 3 sources that claim the Brother Walfrid’s intention was to prevent starvation amongst those who lived and attended those 3 parishes.

     

     

    As you say that doesn’t equate to refusal to feed others of different faiths or the setting down of conditions such as attending Mass etc.

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