Not all contracts are fulfilled. Usually, the failure is caused by an underperformance, less often, by one party wilfully reneging on their obligations.
Newco’s fans, and other fans, have bought tickets for games at the Ange Coming Home Tour that will not happen, leaving the promoters with an obligation to refund money. Money paid for promotional events has been wasted, as has costs sunk into the setup. Perhaps only the lawyers’ fees were not wasted.
Contracts have been concluded with Celtic, at a sum more than twice as high as Newco’s, agreements are in place with other clubs too. The promoters need to fulfil those contracts – in Celtic’s case, the deal is not dependent on Newco attending. Celtic contracted to play the tournament without mention of any other club. The promoters have a £6m liability to Celtic and doubtlessly a few million to other clubs, venues and elsewhere.
If you detect some frustration from the promoters in response to Newco’s unilateral withdrawal from the Ange tour, it is not difficult to imagine why. They will now attempt to line-up an alternative attendee that allows them to sell the tickets and the TV rights necessary to keep the project afloat.
Now that other clubs know Celtic bid the price up to £6m, the promoters are unlikely to find a suitable draw who are as disparate as Newco and to accept the first offer of £2.5m. Any substitute club capable of selling the required volume of tickets will demand parity with Celtic. That’s a bitter £3.5m pill to swallow.
I expect they are looking at a £10m liability if the project fails to go ahead. The costs of starting again with another club are likely to be £5m more than the promoters initially budgeted. These tours always carry a commercial risk for the promoters, but no one ever makes this kind of money. The project is underwater.
Today the promoters will be running various scenarios. I expect they will try to get a big English club to step in. Either way, they will tally up the costs and get the lawyers on the phone. The £2.5m fee Newco will not now collect, is only the first phase of their exposure.
Newco made a mistake in signing the initial contract. Without wanting to be petty here, they are a newer corporate structure than Celtic, with less experience and expertise. They cannot be expected to be as accomplished as more experienced clubs.
Neither sets of fans wanted the game, but in bowing the pressure, Newco exposed themselves to far greater risks. Sometimes you need to take an unpopular stance for the good of the club, even if you were the one who made the initial mistake. Fans never say, “Indulge our demands and expose the club to a £10m liability that could do longterm harm to our strategic aims”, but scenarios like this are played out by angry mobs everywhere.
Despite the unpopularity of the game, Celtic had an easy decision to make. We still do not know if we will get Champions League money next season, but the Ange Tour money will cover the fee being asked for, for one of our top signing priorities. As I mentioned, sometimes you need to take an unpopular stance for the good of the club. Insert our own “Indulge our demands… strategic aims” quote here.
Newco apparently briefed that one of their objections to the tour was that the phrase “Old Firm” would not be used. I know this subject has been covered at several AGMs, on here and other places many times – but some people live to wind up Celtic fans. Through copywrite, Celtic and Newco have a legal veto over the commercialisation of the phase “Old Firm”.
If you have any connection to football, you know this is because Celtic moved to kill the phrase in any commercial sense. If, when this tour was announced, you used this copywrite to claim the exact opposite, that Celtic cherish that phrase and status, you need to take a good look at yourself in the mirror. What are you trying to do to Celtic fans, what are you trying to do to the club?
For the watching CSC.
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Today we have a draw for a football tournament for which the construction of stadia and infrastructure is estimated to have cost at least 6,500 people their lives.
Not for me.
AN DÚN on 1ST APRIL 2022 5:39 PM
I think we’ll see:
Hart
Juranovic, CCV, Starfelt, Taylor
O’Riley, CalMac, Hatate
Jota, Kyogo, Maeda
======
Kyogo starting AD,I would maybe switch Gio to start,and maybe start Tom if fit but content with o Riley.
A good team to work with
HH
Good read
https://greekcitytimes.com/2022/04/02/sydney-rangers-fans-ange/?amp
I’m nowhere near as nervous about Sunday as I was about the game in Feb.
Worse case scenario, we lose and remain top on GD.
We still have them to come to CP, we have a fully fit squad, we have one game a week and we on paper will have the easier run in with 4 from the last 6 played at CP. They’re missing their top scorer and have at least two midweek games to play.
It’s all there for us. The pressure and anxiety should all be on them this weekend.
I think we smell blood and will get this done on Sunday.
How did the USA get intae Pot 2?
And intae England’s group?
Aw Naw Iran in England’s group anaw noo
Cant see us not scoring on Sunday, we have tremendous firepower now that Kyogo is fit again, would guess we would start with big GG – with Jota and Maeda either side, Abada as back up.
If our defence is on song we will win, if we can keep a clean sheet its all over for them.
Scotland (should they make it) in with England, USA & Iran.
Ukraine seem to have been written out of this World Cup draw
Apparently, according to the BBC it is between Scotland and Wales for Group B
As with all Euro or World Cup draws, group stage or finals, Englandshire almost always draw the weakest teams. Just inexplicable.
INIQUITOUSIV on 1ST APRIL 2022 6:23 PM
As with all Euro or World Cup draws, group stage or finals, Englandshire almost always draw the weakest teams. Just inexplicable.
There is a long/shot chance that Iran may be kicked out and the next highest FIFA ranked team would take their place – Italy.
So, England would be playing two opponents from the last Euro’s who they were unable to beat, and another team (USA) who they have not beaten in the World Cup (is that right?)
oops assuming Scotland get through
And live from Greenock…….
Hope all the Shipbank bhoys are having a great day out .
Celtic men having a wee swally and talking all things Celtic ,what’s not to like
COYBIG
Tough group, Germany and Spain 😁
EXPAT CELT
Alan Shearer already commenting that Southgate and his players will be happy with draw as it could have been a lot more difficult.
For example: Netherlands, Ecuador, Senegal
Or, Uruguay, Ghana, South Korea.
Out of interest, why do you think Iran might be tossed?
HH
Fergus 👏 Its all about the Celtic HH 🍀
Stay safe bhoys
I hope Iran don’t get kicked out.
A lot of talk about the rotund Columbian being laid low for a few weeks .
2 goals in, who knows how many games against us ? ,I think the sevvies and us know it will be his diving prowess they will miss more than his goal threat .
Well over to you Kenty .He will have to fall faster than the sevco boards popularity to make the ground up
Unfinished business with Iran from ‘78
Looking forward to leading England to go through in the final group game and ending up getting beat to finish bottom
INQUITOUSIV
We formally request that FIFA immediately suspend Iran and prohibit its participation in the World Cup 2022 as long as the Football Federation of Iran continues to violate the Olympic Charter and FIFA regulations,” it said in a letter to FIFA’s deputy secretary general Mattias Grafstrom.
https://www.sportbible.com/football/there-is-an-extremely-slim-chance-italy-could-play-at-the-world-cup-20220330
Just a reminder that Superbru predictions are due in for 3 pm tomorrow
Bhoys, a 3 bed semi detached in EK….checked his account, then his provider…..it’s real
Fergusslayed
You are spot on there regards Morelos. He is a tactic vs us but a goalscorer vs other teams.
I think they will sit in and break through Kent. The other tactic is the bullying surge from Aribo and the long crossing from TavPen
Hatate has to deal with Aribo and Maeda with TavPen. Taylor needs massive protection
If they win their battles ( I assume Juranovic with deal with Kent), we stroll it
BB
?
BADA
Inscrutable post. Wot ye talking aboot?
I think Morelos is out for the season. We’ve seven weeks left to the last league game.
Wee GVB said he’s out for weeks and it’s long term although he has no time scale as yet.
Even if it’s three or four weeks, he’ll be the size of a small bungalow when he comes back and will need a preseason training schedule to get up to speed.
He’s done for the season imo.
Just read back BB , understand nod
That is a nationalisation closed argument now
I flipped mine last night in Ireland; 38 % off and today all providers have announced similar hikes. Status Quo for me
Could go deeper and down though
If we win on Sunday it is ours to lose
We have been here before
2005 won at Ibrox then collapsed
2021 won at Ibrox, got a spawny pen at CP and the same guy took the same bad pen that he luckily scored at Ibrox. Still rankles
THE DIFFERENCE
We were in the end of a beautiful era in 2005
We were are the start of an era with a rookie manager in 2011
This time we have a dominant team, best squad and an experienced winner in chargei
Football is finicky but we hold all the aces and if we don’t win it is down to chance
“We have people who want to force their views down the throats of the population, whether they like it, or, not”.
Oh the irony!…Give it a rest Julia, we have a game on Sunday.
Best 1st of April I’ve seen today. Charlie Nicholas to become Ange’s assistant and advisor.
Tee Hee.
Electric and gas if the same in England I can see a lot of not so nice protests.
GREENPINATA
I’m sitting here thinking that might be the best.
HRVATSKI JIM on 1ST APRIL 2022 5:51 PM
Today we have a draw for a football tournament for which the construction of stadia and infrastructure is estimated to have cost at least 6,500 people their lives.
Not for me.
———
100% Agree. I’ll not be watching any of it.
CARDBOARD CSC
Great part of the home matchday experience for me is the pre and post match banter in the pub ,
discussing what went right and what went wrong in the previous game and what were expecting from the game that day .
If we better them on Sunday I will duly look forward to a great rare Saturday 3 o’clock hoe kick off
HH
ERNIE LYNCH
You make it sound just like an Old Firm game.
Which is a bit odd.
Because we all know it isn’t.
And we know it isn’t because we don’t call it that anymore.
Apart from you wee man.
You’re so thick you don’t even get it.
HRVATSKI JIM on 1ST APRIL 2022 5:51 PM
Today we have a draw for a football tournament for which the construction of stadia and infrastructure is estimated to have cost at least 6,500 people their lives.
6,500?
Evidence?
Source?
Lhads
No internecine rammy please
BIG game on Sunday