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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Apparently the Qatar airports will be congested……
An Tearmann
No way are we risking Kyogo in the starting line up
I bet you £50 it won’t happen 😎
CONEYBHOY
The sevvies often extol the virtues of the Columbian bambi by saying “he puts himself about “.
What he does of course is ,push ,pull ,barge and cheat his way through a game .He can stand up ok when he is bumping and barging into opposition players {usually after the ball is away ) but even breathe on the guy with muscle overload and he faster than a sevco 2012 share value
HH
should read
falls faster than a sevco share value
HH
Fergusslayed
Exactly
Watched the game in 2019 when we we were Lennonesque but the cheating instilled by Slippy was so obvious
Felt sorry for Julenne because he was fouled throughout and nearly scored twice. I love that big guy
I am really looking forward to seeing what Ange’s team can produce in the bigots backyard .
We have not had a good time of it of late at Ibrokes and if we put on a show and leave with the 3 pts ,I honestly that it will break them .
IMO we have a chance on Sunday to not only put us in the driving seat for the title but to destroy their season .
Let’s get it done bhoys
TORA TORA TORA
I was a a midfielder who became a full back due to my height not my ability. Right decision because brawn is part of the gsme. I got elbowed a lot, like Morelos does but i made sure i went down holding the guy. Taylor and Starfelt worty me because they don’t get the free
#iliredabouttgeability😎
CONEYBHOY.
Your spot on with the Gerrard comment .
I first noticed his influence when watching the sportscene highlights .
The highlights only last about 8 or 9 mins but the shear number of times the sevco highlights contained free kicks about 35 yards out ,left or right leading to a diagonal ball into the penalty spot area was telling
It was so obvious a tactic that most other teams in the spfl took on the same tactic against us
HH
FERGUSSLAYEDTHEBLUES @ 8:45 PM
——
Agree with all you say – but this is the acid test – it’s not quite ‘winner takes all’ – but if we come away with three points, the title is ours to lose. Having come so far from last season’s hangover and a terrible start to this, I can’t see us ‘bottling it’ on the run in.
Go for the jugular and leave nothing in the pitch – that’s what we expect.
Not trying to be a smart ass (Ernie) but I dont think that Tora Tora is a wise choice.
“Tora, Tora, Tora” was the Japanese code to begin the attack on Pearl Harbor. “Tora” is a Japanese word meaning “tiger,” but the full phrase is considered an abbreviation for totsugeki raigeki, which means “lightning attack.” Tora! Tora! Tora! was also the name of a 1970 blockbuster film that was more popular in Japan than the United States.
I myself like COYBIG.
Not the Unionist non-North of Ireland Unionist but the Scottish Non-Unionist pro the Union non-unionist CSC
I haven’t been this confident since we had Stuart Sinclair and Andy Payton😎😎😎
Sorry for not using my ‘speech marks’ as they say ‘parlez-vous’ (that is French).
I thought Sinclair was brilliant, one of his curlers beat the fat man and he would have been a hero
Tora tora tora was a great
Depeche Mode song
Here we go again…..
Let’s not ‘-Unionist as in North of Ireland Unionist as in Scottish Unionist, bottle it’ on Sunday. It is a test of our ‘mettle’ and a proof of ‘Ange ball’ as well as proof of ‘how far we have come’ never mind our ability to use speech marks to show how ‘impressive’ our posts are.
The non-Unionist, as in North of Ireland Unionist but non-unionist, Scottish unionist as in Scottish unionist accepting Brexit democratic non=unionist party CSC (with a non-unionist, non-union Jack in the back window of our non-unionist CSC).
CONEYBHOY
Think you mean Slater ,a diminutive bhoy but I thought he had something about him .
wasn’t to be though
HH .
Ferguslayedtheblue..never mind talking to these charlatans doon the pub on sunday do the Huns sorted.
D :)
JHB
Think Ange will do just that
DAVID66
You back from the Shipbank already ,did BIG Jimmy make you walk the plank .
Hope you had a great day and hope we make it a great weekend on Sunday
HH
Ange has achieved far, far more than I could ever have expected, certainly this early in his reign……
Remember the dodgy decisions that has propped up the huns as well.
How many points is that worth to hundom…………….
I doubt we’ll be allowed to win this year but we’re at the beginning of something very positive for the Club and us.
It’s Good To Be a Tim.
HHH.
Heard a whisper today that Morelos got injured in training .
He was practicing his diving ,when he twisted his knee .
Paul67 et al
“Through copywrite (sic) Celtic and Newco have a legal veto over the commercialisation of the phase (sic)
“Old Firm”. Translated as the Old Firm share co-ownership of said phrase as Celtic FC and The Rangers FC. As to “Newco”, no, the intellectual property rights to above trade mark were transferred from ‘Sevco’ to The Rangers Football Club”. As listed at Companies House under Intellectual Property rights the trade mark “Old Firm” covers a panoply of classifications (9,12,14,16,18,21, 24,25,26,27,28,29,30,32,33,35,36,38,40,41,42) 41 specifically relating to football. These registrations via UK 2264673 and UK 2181523A are very much alive, under the “Old Firm” trade mark and are very much co-owned. If Celtic FC are not part of the “Old Firm” why bother trying to protect said phrase? What the hell do we care, if we are not part of it? Fact is Paul, Celtic PLC very much “cherish the phrase and status” of the Old Firm brand so much so that they continue to share it across the board, across changes of ownership, RFC – Sevco – TRFC (to be continued). Kid yourself all you like, continue to be Peter Lawwell’s copywriter all you want but do not take the rest of us for fools as you continue down that path. I updated the relationship a long time back and woe betide anyone who tries to commercialise it…….
OldFirmrUsCSC
Fergusslayedtheblues- was last man standing and birds falling over me as usual…. you know the score.
Stroll on sunday
D :)
DAVID66 on 1ST APRIL 2022 9:36 PM
Fergusslayedtheblues- was last man standing and birds falling over me as usual
—————–
David 66 fell asleep in front of wummins bogs :O)
Evening all.
A wee trio of tunes before I retire to ‘ma cot’
https://youtu.be/CBRQM0vErH8
https://youtu.be/zFtcvPBnjnI
https://youtu.be/3e-mkINU5GY
Nite all
‘mon the hoops
GNAGB
Brian
BANKIEBHOY1
Agree
Ange today picked up the manager of the month trophy for the 3rd month IAR ,yet only a few days ago the JF blog did a piece on the LL scribbling their reasons why the manager of the year should be anyone bar Ange .
For me it’s not just what Ange does at our club, it’s the positivity and honesty he brings to the Scottish game .
He comes across a honest guy who loves the game and has a philosophy of football as being a sport that should entertain the supporters first and foremost and if honours come from that then all the better.
I think if there were more like him the game would be in a far better place
Maybe Braga not such a bad team.
They are beating the champs league quarter finalists Benfica 2-0 right now with 20 mins to go !
‘Interesting’ penalty decision in the Morton v Kilmarnock game. Defender with arms by his side leans his body towards the ball which hits his arm. I suppose the leaning made it intentional so the fact the arm was by the side doesn’t come in to it.
Voguepunter- I used to school you at Dumbarton ma man.
Then on a Sunday the Dry Dock schooled the Vogue bar.
Never have I fell asleep when theres a job to be done and there is Huns to be smelled.
:)
D :)
Watching the Morton – Killie match on and off, and well played Morton, could not but be impressed with the grass pitch at Cappielow Park, especially this far into the season. If Greenock Morton can have a pitch this good, what excuses are there for Kilmarnock, Accies, Livingston et al? No grass pitch no entry into SPL.
CONEYBHOY on 1ST APRIL 2022 8:23 PM
An Tearmann
No way are we risking Kyogo in the starting line up
I bet you £50 it won’t happen
=≈=============
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
Coneybhoy my answer to An Dun👆 should have read👇
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
I agree Gio to start,kyogo as a sub,but am no Ange 😇
HH
Smelled … yuch = skelped.
D :)
DAVID 66 VOUGE PUNTER .
Two contradicting stories there .
I hope Big Jimmy has the video evidence .
Although I have to say ,there’s many a time I would not have made it back from the pub without David 66
help .
Iv’e never been conscious though to confirm the “birds falling all over him ” claim
HH
Burnley
They certainly were crap when the rookie coach with the big budget squad had to play them
We lost due to rhe rookie, who unfortunately thought he was a real manger from the pub
VOGUEPUNTER on 1ST APRIL 2022 9:38 PM
DAVID66 on 1ST APRIL 2022 9:36 PM
Fergusslayedtheblues- was last man standing and birds falling over me as usual
—————–
David 66 fell asleep in front of wummins bogs :O)
=====
That’s true,voguepunter🤣start a rumour 🤣🤣
Hope you bhoys had a good day at the court o bigjimmy
HH
Last post.
For that sevco mob, a wee choon
https://youtu.be/Xa2cQ46vAnA
Nite all
Brian
An Tearmann
I’ll give you 50 bucks if we win anyway cis i have bet my whole intellect on winning on Sunday
Hence, i will sell my own sister to pay my debts
Meeaseehhhass