Taking the huge step to save your club

907

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  The bank could still have withdrawn the overdraft the same day, which would have made him an unsecured creditor with no chance of a return.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.

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907 Comments

  1. I see there was a couple of ex celts scoring last night

     

     

    Sno got (2)

     

    And n’guemo for bordeaux

  2. Ignored in life; forgotten in death.

     

     

    A fate that awaits a certain type of man.

     

     

    PS

     

     

    Tommy Burns & fascism don’t seem to go in the same sentence. Tommy would have made the worst fascist in history.

  3. BABASONICOS71

     

     

    I have learned more about music than Celtic on this blog. And I would have always thought I knew more about music than Celtic.

     

     

    But way better, I have had confirmed all the things I always thought were great about supporting our club – perseverance, gallows humour, tolerance, diversity, kinship, willingness to seek and embrace the commonality that supporting Celtic confers on otherwise very different people.

     

     

    And on that thoughtful note, I’m away to my bed. Love to the Celtic family everywhere.

     

     

    http://youtu.be/MRHeTIcgwH8

  4. BABASONICOS71 on

    For Shatner

     

    http://www.youtube.com/watch?v=m0VAe1C6GAk

     

     

    Wishin’ I was skinny

     

    Wishin’ that the whole world knew my name

     

    Wishin’ I was thrillin’, that I would never be to blame

     

    Wishin’ I was kissin’ a girl with lips smooth as pearl

     

    Wishin’ I was pretty

     

     

    Wish that I could twist the world ’round my finger

     

     

     

    Wishin’ I had money, wishin’ for the time to spend it all

     

    Wishin’ I was pretty

     

     

    Wish that I could twist the world ’round my finger

     

     

     

    But I would always love you

     

    I guess that would never change

  5. Estadio Nacional on

    Is it Neds Atomic Dustbin?

     

     

    Is it?

     

     

    Answer to Number 4.

     

     

    Bet it is.

  6. Estadio Nacional on

    BABASONICOS71 01:08

     

     

    YEEEEEEEEEEEEEEEEEEEES

     

     

    That the first points Ibve won in this thing.

     

     

    Thanks.

     

     

    Whats the Capital of Peru?

     

     

    EN

  7. BABASONICOS71 on

    I thought i’d watch Cisse’s goals then head to bed but having now witnessed them i had to post about it before hitting the sack.

     

    The first was absolute class,a thing of great beauty,poise and clinical finishing.

     

    The second made the first look lame.Wow,wow and wow again.Has a player ever scored a brace of better efforts.

     

    The second was astonishing.

  8. Estadio Nacional on

    Bye, cheery bye bye, ayeeee, see yeeee ye, get to France, adiós,

     

    وداعاtot ziens,

     

    Sağ olun,

     

    да пабачэння,

     

    ভাল বিদায়,

     

    довиждане,

     

    再见,

     

    zbogom,

     

    rozloučenou,

     

    farvel,

     

    magandang bye,

     

    näkemiin,

     

    კარგი bye,

     

    Abschied,

     

    αντίο, ,

     

    להתראותअलविदा अच्छा

     

     

    Aaaaaaaaaaaaaaaaaaaaaaaaaaaand Paul McStaaaay

     

     

    Thats all I can do for now on the ‘Bye Bye translations;

     

     

     

    Cheerie Bye Bye.

  9. Estadio Nacional on

    YES.

     

     

    rangers are dying.

     

     

    YES

     

     

    Thats all we need to know, them and their years of absolute muck are on their way Out.

     

     

    Its all we need to know.

     

     

     

    YES.

  10. Estadio Nacional on

    http://www.youtube.com/watch?v=4T6e3GJCjow

     

     

    Ive giggled at East Kilbride before………… But.

     

     

    Hot dog, jumping frog, Albuquerque

     

    Hot dog, jumping frog, Albuquerque

     

     

    The dream helps you forget you ain’t never danced a step

     

    You were never fleet of foot, hippy.

     

    All the pathos you can keep for the children in the street

     

    For the vision I have had is sweeping

     

    – New broom, this room, sweep it clean

     

     

    Hot dog, jumping frog, Albuquerque

     

    Hot dog, jumping frog, Albuquerque

     

    High kickin’ dandy, fine figure fine cut a fine figure fine oh yeah ;

     

    Long legged candy, fine figure fine cut a fine figure fine oh yeah ;

     

     

    Now my rhythm ain’t so hot, but it’s the only friend I’ve got

     

    I’m the king of rock’n roll completely

     

    All the pretty birds have flown now I’m dancing on my own

     

    I’m the king of rock’n roll completely

     

    – Up from, suede shoes to my baby blues

     

     

    Hot dog, jumping frog, Albuquerque

     

    Hot dog, jumping frog, Albuquerque

     

    High kickin’ dandy, fine figure fine cut a fine figure fine oh yeah ;

     

    Long legged candy, fine figure fine cut a fine figure fine oh yeah ;

     

    Hot dog, jumping frog, Albuquerque

     

    Hot dog, jumping frog, Albuquerque

  11. Celtic_First on 2 May, 2012 at 23:15 said:

     

    Dublinbhoy

     

     

    Your use of “definitely” is unmerited there. Let me assure you I know Opus Dei people who are very far from being fascist or right wing.

     

     

    In fact, an Opus Dei sympathiser is a greatly venerated Celt, and rightly so, and no one could fairly label him with either of your epithets, even without the “definitely”.

     

     

    ——————————

     

     

    I don’t really want to get too deeply into this but my opinions on Opus Dei are based on years of personal experience. Not a nice organisation.

     

     

    Hail Hail

  12. Margaret McGill on

    CQN Logic Re Real Madrid. The Spanish huns.

     

    Spanish are Catholics therefore cannot be huns

     

    The fact that they have fascists tendencies were supported by Nazis is acceptable cause Stalin supported the other side therefore they cannot be huns.

     

    Thats Hun logic.

  13. Estadio Nacional on

    How can anybody compare real Madrid, multi European Cup Winners to the wee daft huns?

     

     

    real Madrid should not be mentioned in the same week as the muck.

  14. Margaret McGill on

    To me hun means more than rangers. Its a despicable coalescence of

     

    bigotry, racism, ignorance, a lack of education and a malignant personality

     

    thats attracted to thuggery, intimidation, violence and their symbols.

     

    In Scotland huns means rangers

     

     

    Hitler and Mussolini were huns. They were both also catholics and both supported Franco,another catholic, who was seminal in the corruption that is Real Madrid today? Next?

  15. Estadio Nacional on

    The game is being shown on OSN again….

     

     

     

    Chico Muldini?

     

     

    Wow?

     

     

    Chico Muldini?

     

     

    He is living a dream and doing it so Very Very well.

     

     

    Well done Charles Mulgrew, you utter utter Legend.

  16. Estadio Nacional on

    Watching that game again…

     

     

    20 minutes McCabe and Aluko line up to take a free kick for rangers and hit the wall.

     

     

    The patheticness of that is beautiful, absolutely Beautiful.

  17. Sixteen roads to Golgotha on

    I sometimes despair at the extreme left-wing ramblings of the majority on here.

     

     

    So,the great Real Madrid are hun-like now,are they?

     

     

    The same Madrid of Di Stefano and Puskas fame eh? Where Jimmy Johnstone was greeted like a footballing God.

     

     

    One of the greatest,if not the greatest football clubs on this earth.

     

     

    CATCH YERSELVES ON FFS.

  18. Estadio Nacional on

    Sixteen roads to Golgotha 03:28

     

     

    To clarify my point I was trying to say the muck and non Big Cup winners should not be mentioned in the same sentence as the pretenders. Im sure you knew that.

     

     

    Who were Glasgow rangers?

     

     

    Who were they?

     

     

    Did they do anythjing of note?

     

     

     

    EN

  19. Estadio Nacional on

    Sixteen roads to Golgotha 03:28

     

     

    To clarify further, I and others didnt mention the muck in the same vein as European Cup Winners like Cetic and real Madrid, but see your point they shouldnt be mentioned in the same week as Real Winners.

     

     

     

    EN

  20. Margaret McGill on

    Sound familiar? Now read on you Real Madrid lovers……..

     

     

    Franco put large amounts of state reserves into Real Madrid, as the name means “Royal Madrid” strangeley enough, in order to allow them to be better than any other side, particularly Barca who, as a Catalan club, did not want to be part of Franco’s regime and were in direct opposition to everything he stood for.

     

     

    When Franco’s fascist forces finally prevailed over the Republicans in 1939,

     

    Barça, who had narrowly survived the Civil War, came in for a pounding.

     

     

    Real Madrid – Franco’s team – was to be deified. Officially.

     

    State-controlled Spanish television continually showed highlights

     

    of Real’s matches and very little of Barça’s, thus generating the notion

     

    among the populace that Real were Spain’s team, whilst also allowing Real

     

    to take a far larger share of revenue.

     

     

    A Franco stooge Barça president managed to ‘lose’ Alfredo Di Stefano to their

     

    arch rivals when they’d already signed him. Di Stefano went on to lead Real

     

    to five successive European Cup victories.

     

     

    The Spanish referees were also got at in a regime of terror. Not only did they

     

    favour Real in any encounter with Barça, the 1940s, 50s, 60s and 70s were also littered with bizarre – and obviously biased – refereeing decisions in other matches involving Barça which cost them championships and Cups. The decisions were so appalling that eventually even a puppet Barça president had the temerity to complain to the Spanish College of Referees. He was ignored.”

  21. Margaret McGill on

    Jimmy Johnstone was treated as a “footballing god” only because it was Di Strefano’s testimonial and a friendly. The true Spanish respect for Jimmy Johnstone occurred a few years later when Atletico Madrid visited Parkhead and one Ruben Ayala reminded all us Tims..oh aye.. I remember noo..not so friendly

  22. On a completely unrelated topic…

     

     

    I noticed Gary Parker conspicuous by his absence in the Thai Tim performances. Away having a last minute gander before the transfer windows opens are we Gary? Wonder on what fair shores he finds himself?

     

     

    And on another unrelated topic the hun hordes were simultaneously smashing toilets. Dearie me.

  23. Estadio Nacional on

    Margaret McGill 03:39

     

     

    Aye, Paella without rabbit.

     

     

    Theres Spanish drival for ye.

     

     

     

    EN

  24. macjay1 for Neil Lennon on

    Maggie

     

    Apparently,there was a laughable offer that Di Stefano be shared between the clubs on a weekabout basis.

     

    Barca,understandably,declined.

     

    Affoot,masel.