Do you remember the knot in your stomach when we were five points behind in the league race, when every game was a ‘must win’ event? Five points is a substantial gap, eight is huge. I seriously doubt Derek McInnes reckons Aberdeen have a remote chance of winning the league, but should the gap increase to eight points tomorrow, he could be excused if he gets carried away for a moment.
Celtic will win the league but only because they will improve and win important games, like tomorrow’s against Hearts. The knot’s back in my stomach; we need the win. Although Hearts are not the league challengers this season, the scenario mirrors their visit to Celtic Park a decade ago, when they were the last non-Glasgow club to open the league season with a flurry of wins.
Resist, resist, we must resist
300 years and the tune never changes. Newco chairman, Dave King, proclaimed, “This application will be strongly resisted”, as he confirmed Charles Green has been to court to enforce the contract which, apparently, obliges Newco to pay his legal fees for actions in connection with the club, a liability which was recorded in Newco’s 2012 IPO prospectus.
King seemed to confirm Green had a good case by telling journalists Green’s legal difficulties concern his time “his time as an officer of the Club”, closing speculation on one possible angle of defence.
There’s nothing unusual in this clause in Green’s contract. Company directors can be held criminally liable for acts of corporate wrong-doing. They can be fined or jailed for actions carried out by their staff, even without a direct instruction. If you are a company director, it is your responsibility to ensure Health and Safety regulations are enforced and appropriate, and that actions by the company are not criminal.
In the event a criminal charge is levelled against a director (or former director) of a company for acts carried out by, or on behalf of, the company, directors will seek the assistance of the company in preparing and funding their defence.
This is how business is conducted and the responsibility of the non-executive directors to ensure that the actions of directors are consistent with the interests of shareholders and other stakeholders (in this instance fans).
If Green holds a contract, Kings will know his protests are empty bluster. I see estimates of legal fees in the region of £500k. There will be no change from £500k on this one, not even close. That figure might cover the photocopying costs. Dig deep, Dave.