Rangers International adopted a firm position in their court hearing against former director, Imran Ahmed, in Edinburgh yesterday. Directors and major shareholders know they have a cash shortfall for next season, even if season ticket sales are as higher than anticipated. Therefore, they know they will need to facilitate a loan, cough up for more shares or issue shares to new investors. A few million here or there from season tickets will not change this fact – so the argument goes.
With that in mind the club is under no serious threat from fans turning towards Dave King’s glorious attempt to deprive them of cash. Contrary to earlier reports, organised protests against the Easdales, Ashley and Laxey Partners is in no danger of putting the club under.
The best case scenario for King and his Band of Protagonists is that the club owners would be worn out by the sheer hassle of dealing with their campaign and would wilt before cutting a deal with him on very easy terms. This does not look likely today, the owners appear intent on getting a return for their money.
At various times during the past two years I’ve offered goodwill towards Hibernian, wishing them well against Hearts in the 2012 Cup Final, encouraging them after they lost to Celtic in the 2013 Final, and on the Hail Hail Media Celtic History podcast I spoke about The Famous Five being the best team in Europe in the late 40s, but I’m all Hibs-d out. I hope they are relegated.
50 years ago Hibs were almost the same size a club as Celtic, although Hibs were far more successful at the time. The decades since have utterly destroyed whatever legacy left by The Famous Five. Sir Tom Farmer’s ownership has provided financial stability but when he combined with Rod Petrie the pair contrived to bring about the most wasteful partnership in the history of the Scottish game – and that includes Sir David Murray’s years of unrestrained bombast.
New chief executive, Leann Dempster, has been more than a firm hand on the tiller at Motherwell, she delivered success over and above their station, but Hibs are so afflicted you wonder is anyone will be able to resurrect it with Petrie still in the chair, Farmer in ultimate control and Terry Butcher in the dugout. Not only do they deserve relegation, it may be necessary for Dempster to clear-out the deadwood above and below her. Better to be relegated than stumble on with Petrie and his Inverse Midas Touch.
Some good Celtic fans and CQN’ers are holding an event at Monroe’s Tavern in Galway tomorrow in aid of Console, the Irish suicide prevention charity. One of the many auction items is the photo above, signed by Bertie Auld. If you would like to help Console, stick a wee bid into ruairigucks@gmail.com .
Issue 20 of CQN Magazine, CQLisboN is out and enjoying great reviews. Click here to read for FREE.
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428 Comments- Pages:
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Steinreignedsupreme
14:21 on 7 May, 2014
‘None of them are buying season tickets. It didn’t sound like they are investing in King’s bank account either.
They have finally woke up to reality though.’
####
I have a feeling that they’re not that bothered if they suffer an insolvency event.
Their fear when the former club was in this position was that the club would die, the history would be lost etc etc.
That’s not an argument that can be advanced now.
Therefore whatever happens, as far as the huns are concerned, the club won’t die and the history will be safe.
So why worry?
….and there is an argument to say that the wealth being distributed throughout the lower divisions is no bad thing.
Stutz Bearcatt?
Is that the stage name cat Stevens is going by now?
I’m glad awbdy resisted the tranny gags ;)
‘ the wealth being distributed throughout the lower divisions is no bad thing’.
the ole twists’n’turns trickle down effect?
that’s why the bookies are drivin’ Ferraris.
yorkbhoy
Many Hearts supporters have been in the past followers of Rangers. They appear to interchange back and forward depending on various things. There are the hardcore Jambo’s who never change sides but others have been known to go to Hearts games when Rangers are away and they have no ticket.
I suspect a few will support Sevco next season or wait and see who goes up and follow that team the following year.
This may be unique to Livingston but I have known guys in their 30’s change teams many did so in the UEFA cup run.
Crazy stuff. I have slated plenty for it. A few changed back to Hearts when Rangers were liquidated. When Hearts went into admin I spoke to one in the pub and asked him who he intented to support the following season so I could put a bet on them going into admin. The whole pub laughed at him.
LB
Twists @ 1444
It’s one of the best things to come out of their liquidation imo.
charliebhoy
13:44 on
7 May, 2014
happy birthday all cqners what happens on the seventh of august that you all get born on the same day, I only as because my bhoy chris will be 21 on Friday but he was two days early !!!! his timing has never been great though got his birthday invite this morning …….mmmmm should I be paranoid?
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Could someone decipher the above post, please? Or put me in the direction of his dealer?————————————————————————————-
I so hate it when somethings got to be explained that really is a no brainer!!!! we have five or six birthday celebrants today, nine months prior to today is the 7 aug……..it just suggests that unlike you TCW not all the nuts are not numb!!!!
DBBIA
Aye indeed.
(though if a horse called Colebrooke wins at Worcester tonight I’ll be able to upgrade the Skoda to a Merc)
then
Dawn Commander wins at Haydock on Saturday -Ferrari- (deposit:-)
TAFKA Cat Stevens is now called Snoop Dogg.
And he is Celtic daft, with a capital D.
twists n turns
I had a wee £5 on Broonie on Sat to score anytime in 90mins :)))
Hope you are well Sir .
Till later all
Ernie makes a valid point in terms of the realigned moral hazard at Sevco.
Got to be kilmarnock for the drop for me,they are one of those teams whose fans don’t support rangers but like to see them beat Celtic.I’ve met many over the years particularly mwell,hearts,kilmarnock GIRUT all.
Bada Bing
Had a wee look on deluded media about the alleged signing by Dundee Hibs :))) of their 18yr old player Telfer who is seemingly out of contract and seen this.
“Heads should roll over this if true.
Larry, Curly and Moe tripping over each other in the dug out and not one of them can take time out to scout a player or check a contract.
Laughing stock on and off the park”.
Charliebhoy
Is your son Chris a West end bhoy?
Ryan’s mate?
DD naw hamilton
ernie lynch 14:43 on 7 May, 2014
No doubt there is some truth in that. But the Zombies have spent the last two years living in denial just to reach their current sorry position. I think many of them realise their stance over the past two years has been a complete waste of time.
Unsurprisingly, they don’t know who to trust, or even who they think they should be trusting. That has to be soul destroying.
Geordie
agree bud.
Tell you what I’d do to improve the wealth of the lower clubs – change the format of the League Cup to a CL type format.
Add 2 junior sides to give us 40 teams, and have 8 groups of 5.
Seed them based on previous seasons finishing positions.
Each team plays 4 games and 8 winners straight to the QF. (Effectively 7 games to win it)
Split the gate money
You’d then have the lower teams such as Albion Rovers, Montrose et al, getting 2 games at a bigger ground, or, at least 2 visits from a bigger seeded team, or, a mix of both.
I’d start the season with the initial group games. Summer football plus the CL representatives from Scotland get some competitive games under their belt.
A small team like East Stirling or the like getting a visit to CP early in the season, and getting a payday from even 25,000 fans at CP, or 10k at Aberdeen, would set them up nicely for a few seasons.
The league cup bores me anyhow and needs revamped imo.
Yes it’s a form of communism in the respect Celtic fans, Aberdeen fans etc are helping out the lower teams by halving gate money, but it would help these clubs improve and therefore we may see some more talent come through to the national side.
Sponsors would perhaps like the idea of the QF containing potentially the best 8 sides in the country.
Charliebhoy
A coincidence bud.
Happy Birthday to Chris for Friday.
was thinking of asking him to the hoopenany but with the Friday party, looks like a long shot, these weans canny drink on consecutive days……whimpscsc
Livibhoy
I find that weird that supporters change who they support on a regular basis. Certainly in England I play football with someone who will have a Chelsea top on one season and a Man City the next but they don’t go to games.
I go and watch York and get excited and shout at the ref but I get more nervous waiting for Celtic under 19 updates from GG.
With Kris Commons coming out and saying he would love Gary Hooper back at Celtic,then the next day Lenny telling us all that he would like to have him back,depending on the finances,I would think that as KC and GH are mates,that the negotiations have already been ongoing.Depending on Norwich surviving the drop,very unlikely,and GH not really a first pick,I would think we could afford him.A 30 goal a season striker,yes please.
Go get him Lenny.You know you want to.
By the way is it not about time that the current hun custodians put out a statement to the fact that everyone,SFA,SPFL,GCC,the Pope,tarriers,MSM etc etc is out to get them and sign off with WATP,no surrender? They will have the season tickets sold in jig time………….it worked for all the others.
Steinreignedsupreme: “Unsurprisingly, they don’t know who to trust, or even who they think they should be trusting. That has to be soul destroying.”
And amusing. Don’t forget that …
charliebhoy
14:49 on
unlike you TCW not all the nuts are not numb!!!!
————————————————————-
Again I must ask my learned friend…………WTF?
Unlike me not all the nuts are numb? Does that mean that `like me some of the nuts are numb? All of the nuts are like me, numb? Hardly any of the nuts are numb unlike me i`m all numb?
numbnumbnumbnumbcsc
Ernie Lynch @ 14:43,
Well it would be worth checking that out. Think they changed they fixed the criteria Article 14 of the Association Handbook- Auldheid posted about it a while back.
Still they might have another we Timmy proof work around in there.
But in essence you are correct, they could just state you transferred the membership before so why not again.
A wee bit like Airdrie United – They kept their name, why couldn’t we?
Hail Hail
TnT
Like your League Cup revamp plan. The Morton game will be my last in that cup in it’s present format.
twists n turns
Certainly worth thinking about.
I think that would allow us to blood some youngsters too.
LB
The ole sun, which has been prominent by its absence so far today is currently shining brightly. Mind you, the sky is still leaden down here.
yorkbhoy
It’s not unusual for young Celtic fans from Edinburgh to go watch Hibs with their mates. The cost of getting to Paradise and their mammy not letting them a factor obviously.
LB
Lead sky at night, Chinese shepherds delight.
Tnt,
Interesting.
I agree. It’s time to revamp or get rid.
I’m confused.
Is it “not all the nuts are numb” or “not all the nuts are not numb”?
kingsnake 15:07 on 7 May, 2014
“Unsurprisingly, they don’t know who to trust, or even who they think they should be trusting. That has to be soul destroying.”
And amusing. Don’t forget that …
———-
It has been hysterical. Almost as funny as some posters on here believing Sevco are anything other than a farce.
Steinreignedsupreme @ 14:59,
Quite, but the thing is Trust is irrelevant now….
Dave King”s oxy Trust, The Blue Knights, The Walt & Ally Dream Team can do nothing about this situation.
RIFC PLC is the only show in town.
They buy their Season Books, Support another share issue and back the team next season to get to the Premier League or they rip it up and start again.
Hail Hail
When NL leaves
I hope he sticks the nut on that fat tart thats (beard) his arse to all in the boardroom down ibrox way .
Please please Neil ;))
Steinreignedsupreme
14:59 on 7 May, 2014
ernie lynch 14:43 on 7 May, 2014
No doubt there is some truth in that. But the Zombies have spent the last two years living in denial just to reach their current sorry position. I think many of them realise their stance over the past two years has been a complete waste of time.
Unsurprisingly, they don’t know who to trust, or even who they think they should be trusting. That has to be soul destroying.
——————————————————————
Ironically, it’s us Tims they would be best to trust – because we’re giving it to them straight day-in day-out. Stll, non so blind etc… :-)
Charliebhoy
Theres a space in the car if you need a lift into the
Hootenanay , where in Hamilton are you ?
I see the dutch are considering introducing road markings that charge up during sunlight and release a green glow at night..better visibility for us and no orcs on the roads.
its a win win situation….