Apparently, time for Rangers fans to step forward to save their club has passed. For the want of £500k any one or collection of them could have bought an exclusive period as preferred bidder and worked on a rescue but no one stepped forward.
It is perhaps worthwhile reflecting on our hour of need 18 years ago. Celtic had exceeded their agreed overdraft limit and the Bank of Scotland informed the club that unless the account was brought back into agreed limits that day, it would go to court to appoint an administrator.
Back then there were no transfer windows, so players could, and would, have been sold by the administrator the next day. Celtic would have been left with an unwanted shell of a squad.
Word of the impending doom spread around the Celtic business community and John Keane decided to act. He withdrew £1m from his account and paid it straight into Celtic’s account at the Bank of Scotland.
John did this in the hope that he could buy time for the Celtic Movement to pull a rescue together. The bank could still have withdrawn the overdraft the same day, which would have made him an unsecured creditor with no chance of a return. There was also no agreement signed to secure the transfer of the club from the old board, each member of whom would later be dealt with on an individual basis, as shares were sold, or in the case of Kevin Kelly, pledged behind Fergus McCann’s consortium.
John kept his money in Celtic and received a seat on the new board, which he retains. He declined to appear in the publicity photos on the steps of Celtic Park when the club was rescued and although he attends the AGM every year, he remains a quiet and largely unknown figure. He has since invested more in Celtic, money he will never see back, but which has ensured his family can block a Glazier-style takeover of Celtic.
I have spoken to him once or twice, although he doesn’t know who I am, but I have often thought he deserves a standing ovation at the AGM for what he did all those years ago. Maybe this year.
We can only wonder why there was not a John Keane across the city.
Very well done to the Daily Record for their excellent story about CQN’er Tony Conway today. Tony, who now lives in the United States, suffers from motor neuron disease and made the trip back to Celtic Park last year with his Dad, John, and brother, Martin. They spent time with Jinky’s son James and met a host of people at the club, including Neil Lennon and Billy McNeill.
Read it, it’s a great story.
Remember to keep an eye on the signed Celtic shirt being auctioned for Wellburn Care Home, it ends Monday.
907 Comments- Pages:
- «
- 1
- ...
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- »
Timbhoy
A hun has nout to do with religion. It’s a state of mind and the manner that one conducts oneself.
timbhoy2,
I don’t get your point about fascists and Protestants?
CRC
:|||)
How long till Guy Fawkes night……?
timbhoy2
Explain myself, certainly sir.
There are many facists here, still clinging on the the days of Franco, fortunatly they are a dying breed, they acted like huns, they acted like bigots.
I could go on, google it, you will get all the info you need
Young Tony Watt could score a few against that Utd defence.
After the nights shock five nil win against Houstons hero’s the huns are bumming their load again…our three nil (going on seven) win on Sunday was a fluke, a one off, a rare blip…now they’re gonni sweep aside all before them next season…in the…third division…hehehehehe…
……..I’ve missd the bangers, not to mention the rockets………..
bankie :>)))
TET
Plenty of Huns over here? You log in telling us Mountain is Hunfree! you a Hun? ;-) Hope all well.
ET
;)
Nytol…….
.
HebCelt..
Yes in BB’s Tomoz @ 4pm.. All welcome..
Summa
Mikel’s assault on the Newcastle player is a jailing job.
emu
All good..Feck off :>)
Just like to thank soal for keeping us up to date on all the big games and awards this evening
Full-time. Athletic Bilbao 0-3 Real Madrid.
A thirty-second league title for the meringue men.
Happy for people like my good friend Antonio López.
For the protectionist cheats who have helped them to some of those titles and for the people who used to do something ‘special’ with the two letters S in the centre of their Ultras Sur banners behind the goal near La Plaza de Lima, not so much. But Real Madrid seem to have got rid of that element. It can be done.
Javi Martínez went to say something to Cristiano Ronaldo and the guy just gave Javi a good old-fashioned vicky. Cristiano Ronaldo makes an eejit of himself even at this moment.
http://www.youtube.com/watch?v=xQbXO828Vio
EXILED TIM Opus dei a right wing movement supporting franco
C1st
But there has to be a will and that doesn’t exist currently on the south side.
As long as they continue to pander to the bigots amongst their support, by playing ‘Simply the Best’ for example, then it won’t diminish never mind disappear.
Bill Miller is to Craig Whyte as Don Corleone is to Snow Whyte.
And…he’s the bag man for a Russian hedge fund. Vulture Capitalists.
If he snatches Rankers he’ll flog the lot.
Asset stripping is the name of the game.
The special one does it again.
love him or loathe him, there is no arguing with the guys record.
Although i dont think he could do anything with rankers, he’s not that special.
HamiltonTim
Agreed.
Doesn’t surprise me that he wants his half million back if it doesn’t work out. He seems to think he can rewrite rules/laws. What about this “incubator” thing? Is it even legal in this country? Not that i’m up to date on financial things, but I’ve certainly never heard of it.
Big thanks to everyone for.their welcomes to a newbie. X
pedrocaravanachio67 on 2 May, 2012 at 22:57 said:
just saying hello, in case you feel your are being left out :-)
Here you are a pal of midfield maestro.
HH
CRC
katieghirl on 2 May, 2012 at 22:59 said:
Another day another new CQN ghirl!!!
CQN is defo trending!!! Welcome!! Minxy and OneAntonRogan will defo be jealous with all this CQN female attention :-)
HH
CRC
timbhoy2
I don’t know too much about Opus Dei, I know a few members, and they are as bigoted as I have ever met.
I supose it just depends on a persons definiton of bigot.
A bigot doesn’t have to be a prod.
There are good people in Opus Dei as well.
Katieghirl
They’re being nice cause yer a wummin. That’s sexism………. ya hun!
nonsexistwelcomingcommitteecsc
HH
shocking from dundee utd tonight
43,000 + inside ipox (bbc), aye right
just waiting for the sports headlines tomorrow of how wonderful they are and how we would miss this kind of entertainment when they go pop!
time the people of this country and the press of this country remembered the contempt and complete disdain that der hun had for scotland and its football clubs during 90’s and late 00’s
i for one will never forget, nor will i forget the glee and smugness by both press and hun at the prospect of us going belly up before fergus rode into town
feck the o*d f*rm, we are celtic, we need them not, our brand is unique, our support is unique, we are GLASGOW CELTIC
lets hope the month of may frees us from our parasitic neighbour
hail, hail
celticrollercoaster says In Neil we trust
You talkin to me :-)
Yes indeed, he needs all the friends he can get…..did he tell you he used to be an MIB.
Plus his endless gloating about his latest aquisition, dont expect to see any payment for that, tighter than 2 coats of paint.
Some talk that wee Cristiano is upset because he’s two goals behind Leo Messi in the top-scorer stakes and made a total mess of his penalty tonight.
Mon the Messi.
There was talk the night amongst the Uber Huns on FF, who follow Herr leader Von Marko Stinkball’s every moronic word like it were a decree from the Oracle at Delphi, their would be a protest against Wild Bill’s takeover bid. Stinkball & his wrecking crew want the Blue Jobby instead.
Incidentally, it is rumoured, Stinkball has a tattoo on his hairy back, with three phrases just like at Delphi: 1) Know nothing. 2) Everything in excess, particularly pies & lager. 3) Get a job & they will expect you to pay tax.
These hun sayings have been assortatively attributed to one of the seven bampots of Ibrox.
C1st
There are, and I also know a few of them as well.
Son of Warsaw – 22.24
Just watched that link – fantastic!!
People lets not get in to another Spanish Civil War debate!
Suffice to say there were good guys and bad guys on both sides
Anyone who thinks different is kidding themselves on
Here’s to another devasting performance tomorrow night!
HH
Katieghirl
The only incubator companies in this world supply hospitals only. Billy Boy Miller is not in the medical supplies business.
HH
Evening All,
Opus Dei are definitely right wing and definitely fascist….does this make them huns? In my book, they are as darn close to being as any organisation can be.
Hail Hail