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SPFL hand King his rump on a plate

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By on CQN BLOG & Comments

I could speak of having some man-love for Dave King, but at the very least, there is a growing affinity.  Hot on the heels of calling for an investigation into a Celtic fan on the SFA board, yesterday the chairman of Newco (and former director of Rangers (in liquidation)) demanded the SPFL “must immediately suspend its Chairman pending an independent investigation by a senior QC”.

This concerned “allegations of non-disclosure” that SPFL chairman Murdoch MacLennan was appointed as a non-executive director of an Irish media business in which Celtic director, Dermot Desmond, has a minority shareholding.

Only problem is, MacLennan disclosed his appointed to the SPFL board, two months before it took effect.  This board includes Newco managing director, Stewart Robertson.

The SPFL handed King his bum on a plate by killing the allegation of non-disclosure stone dead:

“The members of the SPFL board were each informed of Murdoch’s appointment on January 19 2018, the same day it was publicly announced in a press release from Independent News & Media PLC. That release was also circulated to the entire SPFL board that day.

“No director raised this issue subsequently [including Stewart Robertson]and it was not the subject of any board discussions.

“A non-executive position on a PLC does not constitute a business relationship between that individual and a minority shareholder in the company and, therefore, no investigation is warranted.”

Asks yourself, why would you publicly demand an investigation into an alleged non-disclosure four months after the matter was disclosed to you?  Why do this knowing the answer will be “But it was disclosed. To you”?

Based on confirmation from the SPFL that Stewart Robertson knew this information in January, we can conclude this is an entirely an entirely fabricated indignation.  It plays to King’s season ticket demographic, who may be the last constituents he has when several of the critical issues on the Newco horizon materialise.  It will not gain an inch of traction within Scottish football (please bear this in mind the next time you demand Celtic ‘take on the man’ in a futile attempt to show they care).

You would be embarrassed by such a quick and complete rebuttal of your “non-disclosure” allegation.  Not King, the fact that MacLennan’s appointment was disclosed will not even cause him a moment of cognitive dissonance.  The psychological insight is fascinating.

What’s his game?  I’ll remind you with a few suggestions:

Next month Uefa will decide if Newco have cleared Financial Fair Play rules.  If not, they will likely be denied entry to the Europa League.  This matter is down to corporate (King’s) planning, or lack thereof.  It will require an epic amount of spin, but King has prepared his placemen.

The club has survived thus far on soft loans, some of which are due to be repaid by 1 July (when season ticket money will be in the bank).  Expect some of the lenders to demand repayment.

He needs to get £11m into the UK, then wait to see how many shareholders accept his 20p offer.  My guess is this will relieve King of a substantial amount of his ‘warchest’.  There are also the issues around failure to comply with a court ruling on this within the specified period.

King was a director of Oldco when the club submitted its Uefa licence information in 2011, an issue which is now under investigation.

The man is besieged by problems all round.  What we are witnessing is bunker mentality, firing at targets which don’t exist.

I know what you are thinking, why did the SFA pass him as Fit and Proper?  He is not, of course, but don’t sweat this one.  It is much better to have him set the tone at Newco than anyone else.  He has no credible plan to build Newco into a competitive football club.  Leave him there for as long as possible.

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  1. KEVJUNGLE on

    Wenger said the other week that there’ll be a European league shortly.

     

    Is that six years noo that the huns have been on the life support machine?

     

    Jeez, who are the real gullibilly’s?

     

    Anywye,…….

     

    BLANTYRETIM your family are in my prayers.

     

    Weet Weet Weet, thoughts and prayers fella.

     

    WEEBAWBABITTY YNWA in the Parkheid Jungle ;

     

    ………oot.

  2. Delaneys Dunky on

    Madmitch

     

     

    I have stopped watching the EPL. The most overhyped, overrated league in Europe. I am a huge fan of La Liga. Celtic in Spain would force my hand in emigrating there. ??

  3. Oldbhoy on

    Madmitch, see what I mean on here ,you make a point,about a rumour,extra ,seats ,upgrade of the main Stand,and what is the response,yawn heard it all before,no wonder nothing gets done, inside the stadium,when Supporters like them 2,just sit on the fence,

  4. GlassTwoThirdsFull on

    Never thought I’d say this but I completely agree with Dave King. This bit:

     

    “Any organisation that has behaved properly would welcome an independent and transparent review.”

     

    Although I’m not sure we have the same organisation in mind…..

  7. Jimmynotpaul on

    Airdrie have just named their stadium The Penny Cars Stadium.

     

    Still not as good as Livvy though with Tony Macaroni.

     

    Sevco will trump both when Ibrox becomes Poundland.

     

    Hail Hail

  8. A Ceiler Gonof Rust on

    Bada Bing, please pass my beat wishes to Weet x 3. Probably the cqnr Ive known longest. A fine big fellow who deserves a break.

     

     

    Wits, hope all goes well with your MIL.

     

     

     

    TET, in your neck of the woods 9th to 23rd June if you fancy some sclaffbaw.

     

     

    HH

     

     

    P.S. King is a frothing at the squinty eyes lunatic and the uber right wing hun horde are lapping it up.

     

     

    Smashing…….:_)

  9. Jimmynotpaul on

    WITS.

     

    Give all your loved ones an extra hug tonight.

     

    Hopefully your Mother in law will pull through.

     

    Hail Hail

  10. dessybhoy on

    WITS

     

    Didn’t realise your MIL was poorly, all the best to her and a full recovery.

  11. David66 on

    Guys it seems Sevco don’t have their troubles to seek. But feck them.

     

    Our CQN guys and Gals need our thoughts and prayers.

     

    WWW although we have never met, you will be in my thoughts and prayers.

     

    WITS so will your mother in law.

     

     

    Any other CQNr’s who are not well, please stay strong and keep on fighting.

     

     

    YNWA

     

     

    ???

     

     

    D. :|

  12. What is the Stars on

    Thanks again lads

     

    Hope Weet weet weet recovers

     

    Thoughts and prayers for him

  14. Delaneys Dunky on

    ACGR

     

     

    As wee used to mock the squint eye wean at school. It is the same wi the lying King. One eye is going for the messages whilst the other eye is coming back wi the change.

     

    Thanks for Friday bro. Loved it. You and Tam are stars, and great mates now.

     

    YNWA

  16. Delaneys Dunky on

    WITS

     

     

    God bless and protect your mammy in law.

     

    Added to my ever growing prayer list for ill bro’s and sis’.

     

    YNWA

  18. weebobbycollins on

    Bada Bing…best wishes for our pal weets…hope he’s back on the blog soon. Hard times…

  20. Delaneys Dunky on

    WITS

     

     

    Sean O’Casey’s Juno and the Paycock and James Joyce Dubliners got me an A in Higher English at Saint Thomas Aquinas Glasgow. My English teachers were a pair of ould Irish rebels. Thank you Mr and Mrs Gormley for pushing Irish writers. Met Mr Gormley at Allianz Arena last October at BM v Celtic match.

     

    UTLR

  21. fairhill bhoy on

    WITS-hope your mother in laws feels better soon.

     

    WEET WEET WEET-thinking of you mate.

  23. corkcelt on

    Very sorry to read about Weetweetweet, poor man has had a terrible year. Best wishes Comrade, hope you are fighting fit for the start of new season. Stay strong.

     

    WITS Best Wishes, Hope your Mother in Law pulls through & best wishes to all CQN’ers who are going through hard times..

  24. mike in toronto on

    just reading back a bit …

     

     

    hope things turn out ok for WITS and WWW

     

     

    sorry if I have missed out on anyone else.

  25. Deko on

    Bada Bing

     

     

    Shocked at the news, hope he makes a full recovery. Tell him I`m asking for him and he`s in my prayers,

  30. stephbhoy on

    King us simply trying to distract the void of thinking, thinking he is giving them to much credit,

     

     

    Just tell them we are the people and your sorted

     

     

    hh

  31. leftclicktic on

    STEPHBHOY on 30TH MAY 2018 9:28 PM

     

    All they want off the GASL now is an orange strip and all is forgiven :))))))))))))))))))

     

    NotjokingCSC

  32. Through A Green Glass Brightly on

    KEVJUNGLE – 8:28 PM

     

    “Wenger said the other week that there’ll be a European league shortly.

     

    Is that six years noo that the huns have been on the life support machine?

     

    Jeez, who are the real gullibilly’s?”

     

     

    Since they won the Petrofac Coupe de Ballon Monde D’Or in that time guess it must be us eh?

  33. prestonpans bhoys on

    Like Hitler in his final days in the bunker King is just as delusional, off his nut and somethings imminent . No Steiner either :0) if you know history………

  34. i'vehadtochangemyname on

    night night champions,

     

     

    here we go 8iar

     

     

    thoughts and prayers for www, wits and families.

  35. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    IVEHADTOCHANGEMYNAME

     

     

    Aye. When you’re in bother,you need your friends.

     

     

    Pissing them off tends not to work very well.

  36. Delaneys Dunky on

    BMCUW

     

     

    A blame the Timmy schools for making my weans cleverer than their non denom school peers. They know it. It is why they want an end to Catholic schools. We are out breeding them. Our weans are out reading their’s.

     

    Tiochfaidh ar la

  37. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    PRESTONPANSBHOY

     

     

    There was an article by Sir Anthony Beevor in today’s Guardian,discussing movie makes of wars.

     

     

    Downfall was one of very few which got a good mention.

     

     

    Personally,I’ve only seen a few minutes of it,but I can see his point.

  40. dessybhoy on

    BMCUW

     

    I read his book on The Battle of Stalingrad, not written from a pro Soviet or German viewpoint, a good read for those interested.

  41. !!Bada Bing!! on

    The World Cup documentary series on The History Channel just now is excellent, takes you back to when you were a wean dreaming of being a player….

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