Thoroughly enjoying yesterday’s coordinated effort by Newco fans who have rushed to the coattails of Dave King. To be fair to the fans, the time for them to act was years ago, before Sir David Murray set Oldco on a path to destruction, there is little positive that can be done now. Still, that’s no reason to dive headlong into destruction.
After the debacle of 2012, when Oldco were liquidated, the assets were scooped up by people who wanted to make a lot of money. The moment Charles Green and his consortium owned the assets, this reality should have been acknowledged. No amount of 13th hour Blue Knight revisionism was going to change things.
Green made off with his money a year ago, but as a consequence of that, there are newer investors, with exactly the same objectives. There are also local investors in the form of the Easdale brothers. Neither of these groups will be bullied into submission.
King’s escrow plan, which hopes to gain security of the stadium and Murray Park, cannot be accommodated by the club. How many fans do you think they will convince to hand their season ticket money over, 1000? As many as 3000? Whatever your guess figure, this does not have the look of a high participation endeavour.
With many more fans likely to renew, and more still likely to be completely turned off by the nonsense, the The Rangers Football Club Ltd have a legal duty to their shareholders (Rangers International PLC) and creditors (coincidentally, also Rangers International PLC) to retain security of company assets. Placing them beyond the reach of creditors would be a remarkably brave and self-defeating act.
It now suits the club for King’s plan to appear to be effective, or at the very least, reduce season ticket renewals to a trickle. They can cite this as the action which tips The Rangers Football Club Ltd into administration. As the overwhelmingly major creditor, Rangers International would control this administration and their agents will set about reducing costs.
I would expect to see Newco to continue trading as a youth team for the foreseeable future, with Rangers International taking security of Ibrox and Murray Park, to satisfy their unresolved debt. This will be sold to the masses as ‘securing the stadium’, but it would be the key separation of club and stadium which King as sought to prevent.
Going forward, The Rangers Football Club Ltd will have no significant assets, no playing assets to speak of, and a substantial rental to pay to Rangers International, whose shareholders will still require their financial return. Don’t lose sight of this, the Piper Always Needs to be Paid. Always.
I haven’t revisited the RIPLC accounts which drew comment last week (might be worth an update later), but the important information to glean from them is the cost of running a football operation at a stadium which can occasionally host >40,000 people. You’re looking at circa £19m annually, before you employ a footballer.
I don’t see a way forward. This is a dead multi-club football franchise, killed by 1,000 reckless acts. Even the youth team scenario is unaffordable.
The hedge funds will know this already. Remember what John Brown claims Charles Green told him he would do to Ibrox if he was messed with? Raze it to the ground, apparently. After Newco Youth Team has spent a year-or-so bouncing around, we’ll hear that Ibrox is unsustainable as a football stadium (which I could believe). It will be razed and re-designated as an industrial area.
Celtic better have their plans in place now, as should the rest of Scottish football. There was a notion that there would be a three year hiatus before it was business as usual. This will not be the case.
We need to stand together, as a club, and with other clubs, wherever possible. We need to support the game, primarily through season ticket purchases, but we must find common ground with other clubs and fans.
Leppings Lane
Everything was wrong about football back then. Stadiums were not so much designed, they were built to fit the space and available materials. The lower Leppings Lane end of Hillsborough will be remembered as the worst terracing in football but, in truth, it was just where the next big disaster happened. It could have been anywhere.
After a decade or so of football hooliganism in England, fans were penned in, 8’ fences blocked entrance to the field, some topped with barbed wire. If you were at the fence, you were staying there until the thousands behind you headed home. Hampden Park had these fences, a legacy of the 1980 Cup Final, but they were absent from other grounds in Scotland. The Jungle had some high fencing but with regular breaks. If you wanted to get onto the field, you could do so.
Leppings Lane had further chronic safety violations. As well as a fence at the front the terrace was divided into four pens with fences running back to front. Once through the turnstile, fans were free to choose which pens to join; most would choose the central two. Of course they would.
The central two pens were accessed via a tunnel running under the upper stand. On That Day, fans entering at the rear of the tunnel had no inclination of the crush ahead. By the time they were part of the crush, others had gathered behind them. Space to retreat was quickly lost.
The outer pens were empty, the central two, death-traps. Fans piling into the tunnel knew nothing of the crisis ahead.
For some minutes it was possible for the police to burst open the pens and allow fans to flood free onto the pitch but they were still in crowd control mode. By the time they realised there was a disaster underway, it was too late.
There were lies and cover-ups. Fans were blamed, and accused of atrocious acts, all untrue. The government were complicit. The Sun were the worst media offenders but by no means the only one.
Two weeks ago a fresh inquiry into the events of that day opened in Warrington. At long last, the truth, which we’ve all known for years, will out. Too late for many campaigners and bereaved, who died fighting the combined weight of the establishment, but welcome nonetheless.
Tomorrow, CQN’er, Iain McGovern, sets off on a 232 mile walk from Celtic Park to Anfield, where he hopes to arrive 11 days later, in aid of the Lola Commons Fund for SiMBA. It’s his way of commemorating Hillsborough. Supporting him could be yours.
I’m delighted (actually excited) to confirm John Hughes will be on the blog on Thursday morning. John is Celtic’s seventh highest goal scorer in our 126 year history. He has remarkable insights into some of the great times and characters of our history. Tune in and ask him questions online.
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After watching the hillsbrough tribute programme last night , so moving , the strength of those people , of those Liverpool fans to not sit back and accept the cover up , the sham that was the inquest . The SUPPORT for there fight from Liverpool f.c . There retribution against the sun newspaper for printing untruths , an action that still stands today . I wonder if the English f.a had done what the Scottish f.a have done , and changed and bent the rules to the advantage of one club , do you think they would have been allowed to get away with it . NO CHANCE .
Ye know what ?
It’s all ‘YOUR’ faults.
Aye, probably the whole blog apart from ‘me’ who gives all their, hard earned wonga over to Celtic – ever so innocently and, well meaning…as you do.
But, ‘YOU’ aren’t handing yer money to Celtic cos, Celtic died when Fegus made it plastic. imho
“The game, the game is over….the rebels have won!”
But, how many rebels are left today ?
Is there anybody who even, thinks like a rebel…allowed near CP today ?
Stokes is just another pawn.
Lennon’s the same.
Lennon wisny a Celtic supporter until he got a sniff of the Celtic fans money that, MO’N waved under his nose to get him to sign. imho
PL’s return to the club was the reason that, MO’N got off oot. imho
When MO’N left….out the window went all the Celticness with him. imho
WGS began the PL managerial puppet show, Lennon is the present one. imho
There isny a Celtic fan on any level of what is a rudderless ship. imho
Effin canny be bothered typing any mair – off oot, bye.
If it doesn’t matter really what Newclub (NOT Newco) call themselves or are called by others, then why is so much care taken by several parties to always call them by the name of Deadclub?
Truth matters.
natknow – supporting wee oscar
17:01 on 15 April, 2014
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS ………Praying for our WEE HERO!
14:41 on
15 April, 2014
NATKNOW
Can you-or someone who knows you-make May 10?
If so,job done.
——————————–
What’s happening May 10th? And where?
~~~~~~~~~~++~~~~~~~~~~
Sorry,bud. I missed this yesterday.
A few of us are having a wee social teadance-type thingy in Glasgow that afternoon.
All are welcome!
If you mail me at
bmcuwp@gmail.com
I’ll reply with the details.
I haven’t read anywhere on any blog, that Celtic should go out their way to highlight the fact that they are a new club (i.e. torture them until they admit it or play jelly and ice cream over the tannoy), however if the question is asked of an employee, would it betoo much for them to say something along the lines of, ” Of course more competition would make for a healthier league, but it doesn’t really matter which team(s) provide it”.
Morning all. Lovely down here just at the moment. Maybe we’ll get another day of fine weather, Maybe….
I don’t know if anyone else watched the Referendum Debate last night. I was saddened by the 2 women supporting Independence. They either talked through even the Chair and prattled on, ignoring their being asked very pertinent questions or continually interrupting, talking over the other panel members, and even having the audacity of accusing one of them of being patronising, while he was simply trying to get a word in edgeways to answer a question put to him. Dreadful stuff.
All these years Neil Lennon had us fooled into thinking he was a Celtic fan,and it turns out not to be so. He only joined us because of money.
I’m shocked. (So too is his bank manager,since NL actually took a wage cut to join us)
Lennon out! Now!
Yesterday I must have posted about 20 comments re supporting Celtic in the 60s. This morning I came on and posted one comment questioning another comment by agcr, who responded by accusing me of only coming on here for attention.
How does that work?
Gold Coast Tom
08:15 on 16 April, 2014
‘What do you guys want?’
###
An unequivocal statement form the SFA that Sevco are a new club, that there is no continuity and that Sevco have no claim on the old club’s history.
And if the SFA can’t or won’t provide a statement to that effect, such a statement form Celtic.
What I do NOT want is a statement from Celtic’s de facto owner saying
“Rangers are a fantastic club with a great history. They will, in not too long a time, be back in the SPL. I have no doubt about that.
“And they’re needed for Scottish football because of their following, the size of the club and especially their history. We certainly would like to contest with them every week. We believe we have a better team and management structure.
“For us, it’s disappointing that they are not there but that’s decisions by the various clubs and leagues and we accept those.
“Rangers are one of the great clubs in Britain and we have to acknowledge that.
“They are a motivation for us to go along and beat them in every Old Firm match, so we miss that opportunity.”
PARKHEADCUMSALFORD
It’s not a new tactic,mate.
Salmond has been doing it for over twenty years. It’s one of the reasons I dislike him so much.
Kev, formerly of the jungle..
Effin canny be bothered typing any mair – off oot, bye.
—————————-
Any mair? What, like ever?
Canbuthopecsc
If it’s the case that Celtic players have been briefed to bum up Sevco in case they suffer abuse or violence, and if members of the MSM and others do likewise, is this really the way to deal with this situation?
Morning CQN this looks fantastic
http://www.scotsman.com/lifestyle/arts/visual-arts/spectacular-pyrotechnics-to-bring-kelpies-to-life-1-3377615
Gold Coast Tom
08:29 on 16 April, 2014
___________________
Don’t worry about it mate.
I get called an attention seeker, almost every time I come on here.
I think that the ‘real’ reason for that is – cos I’m no a big sook.
Cage-rattling rebels are what I believed to be the, essence of being
a Celtic fan – not some one who seeks their name in neon light for
carrying out acts that should be benevolent.
imho.
BobbyRussell
08:33 on 16 April, 2014
___________________
More farewells than Henrik :)
HH
Ernie, fair point. Those statements are fawning at best. There is a growing momentum among fans to have the club make a statement that Rangers were not punished for their cheating. I would like the club to make a very public statement that they do not hold any trust in the Nimmo Smith findings. I couldn’t care less for their want to keep hold of their history as long as it properly reflects what they legitimately won.
If it doesn’t matter really what Newclub (NOT Newco) call themselves or are called by others, then why is so much care taken by several parties to always call them by the name of Deadclub?
Syd Negakev
08:37 on
16 April, 2014
Mon, KD and WGS managed spectacularly well in dealing with the MSM in answering questions, KD proudly held his in Bairds bar an establishment which IMO was far too luxurious for the SMSM, i despair at our dealings with MSM
good point DOBBS earlier
my take on the deid club debate
it’s like the emperor’s new cloths
everyone can see what’s going on
BUT are too scared to say
you know what they say it only takes one voice
hail hail
I’ve just read your input Paul and I must say it is one of your best so much so that I am going to come back later and read it again, so much in it.
It still begs the question why no MSM involvement in all of this, even this bad news for them would sell loads of papers, but silence is all we here.
Will they ever waken up to reality!
HH
Syd Negakev
08:37 on 16 April, 2014
___________________
The only folk who can sort all of this are – the ‘bored’!
Aye, thats right, the guid ole Sellic ‘bored’.
They had a chance to ’empty’ the mess of Scottish football onto
the world stage when, Salmond called them to a summit after the,
shame game were, Celtic had three players booked ???????
That was the cue for the ‘bored’ to, call their own media conference
and tell the world exactly why they would ‘NOT’ be attending Salmonds
summit.
It was an open-goal!
But, what did the ‘bored’ do ?
Why, they jumped into bed with the anti Celtic fan – establishment!!!
And look were thats got us.
I’d be happy for them to call themselves ‘Rangers’ and Celtic to refer to them as such so long as Celtic make a clear statement that they’re no longer the same club.
No flippant Rory Bremner type remark, something that leaves no ambiguity.
1. Jim Farry = SFA = cheat
2. George Peat = SFA = cheat
3. Campbell Ogilvie = Thief & corrupt
4. Neil Doncaster = corrupt
5. Stewart Regan = corrupt
6. Mike McCurry = cheat
7. Hugh Dallas = SFA = mocks child abuse = cheat = liar
7. Dougie McDonald = SFA = cheat = liar
8. Andrew Dallas = SFA = cheat
9. Bobby Madden = SFA = ibrox season ticket holder = cheat.
Yes our game is healthy but our governing body and it’s referees are a disgrace and until clubs wake up to this the SFA will never be squeaky clean.
Now read this this is an absolute scandal in our game and no one will bat an eye lid and again our governing body will remain silent.
GoosyGoosy says:
April 15, 2014 at 11:52 pm
35 0 Rate This
Have I got this right?
,,,,,,,,,,,,,,,,,,,,,,,,,,,
The results of the 120 day review will be released on Friday 25 April.
The ST deadline for withdrawal from bank accounts is Monday 28 April
The final TRFC game is on Sat 3rd May
The first Ramsden Cup game of the new season will be on or around Sat 3 Aug
TRFC will have to go into Administration to cut costs irrespective of the ST uptake
,,,,,,,,,,,,,,,,,,
If so
The optimal Administration period is one week
Starting Monday 28 April and ending with a CVA on Friday 2May
That way the sporting penalty points deduction is applied to season 2013 – 2014
If Administration is not exited before the new season ends on Sat 3 May the penalty points deduction will apply to season 2014 –2015
……………………
Therefore
The 120 day message from the Spivs could well be
1 TRFC is bust and must go into Administration week commencing Mon 28 April
2 The club has an opportunity to exit Administration on Friday 2 May and avoid a points penalty for next season. If this cannot be achieved the club will have to apply for liquidation
The CVA will require:
Sufficient ST funds and assets to make a CVA dividend acceptable to 75% of Creditors
A major round of redundancies
A major cut in the player budget
Sale of the club shorn of assets
I suspect the £1m loan will be repaid in full before the Administration takes effect
,,,,,,,,,,,,,,,,,,,,,,,,,,,
It looks very much like the end game is approaching fast
If so the main Spivs will have their exit strategy in place.
GCT
I think you have totally misjudged how angry Celtic fans are, about the sevco cheating.
Its a disgrace, that they are allowed to blatantly cheat, and nothing is said about it by our board.
Personally, im not having it……they can all cheat amongst themselves, I wont contribute to corruption.
I wont be back at CP, until something is done about these chancers on our board…..tugging the forelock to the huns at every turn.
If this is what happens to the truth in scoddland, then its all over……PLC, are idiots and fools,lapping up the sevco lies at the expense of losing thousands of Celtic fans from the ground.
Carry on Peter….do your worst, but you wont be there forever.
Celtic FC, not PLC.
And if anyone from the board is looking in, I just want to say, you are a total disgrace and embarrassment to Celtic fans.
HH
hen1rik
08:50 on 16 April, 2014
___________________
Only the Celtic ‘bored’ can sort this.
But, heres the tricky bit….Celtic fans have to make the
‘bored’ press the buttons !
The ‘bored’ won’t do that until….Celtic fans hold a financial gun to the
‘boreds’ heads by, telling them that – no money from fans until…you get
into the ring and effin deal with this sh#t – head-on !!!
More, billionaires and millionaires than you could shake a stick at…connected to
Celtic….pool the resources and, get a fleet of Philadelphia lawyers into the ring to
take on the hun-corruption or, shut the f up and turn the other cheek !!!
HH
hoopy-do
08:00 on
16 April, 2014
desertbhoy
04:53 on
16 April, 2014
Btw…. Very, very hot in the desert!!
—————————-
is there also lots of sand there?? :-)
………………………………………………………………..
naeostricheshereCSC
HENR1K
Leeds tried similar a few years back when they were relegated to the third tier.
They tried to get the points deduction applied to the relegation season.
The FA threw the book at them.
I think there was a disrepute charge too,and rightly so.
It will be interesting to see how our suits react to such a ploy.
Another thing…I don’t really get this lack of competition argument.
Excuse me but weren’t we dumped out of two cups this season and humped badly in the CL? Looks like there’s plenty of competition.
Why do some people long for the ‘return’ of a club which many are saying won’t be able to compete with us anyway for 10+ years?
I think it is clear that we think of ourselves as Celtic fans and many Celtic fans do not want anything to do with the Rangers but not all there are among Celtic fans those who miss the big games and all that went with them.The board are both Celtic fans and custodians and are charged with the responsibility of running our great club so finances come into it and the Rangers would provide four huge gates if they were in the SPL and any business would welcome the revenue they would provide also most players would love the big game atmosphere and the challenge it brings.So it is not cut and dried what the Celtic support think on the matter but as ever there are different views.H.H.
I have been a Celtic supporter for all my life and, in that time (over 50 years), I have always felt that I was blessed to be a Bhoy. Win, lose or draw, it was a privilege to feel part of the Celtic family. Many posts last night on CQN reinforced that feeling and is summed up perfectly in the song YNWA. Wonderful stories of supporters’ buses, cairry-oots & cairry-oans, Celtic songs, rebel songs and e wee bit of young tongs!
Today, it seems that one comment by a Celtic player (who clearly stated it to be his own personal opinion) and Celtic FC advertising a match on their official website as against Rangers, and all the bonhomie of the previous 24 hours seems to be forgotten. Well, not by me.
C’mon lhads, we’re better than this. We’re Celtic supporters.
We’re Celtic supporters, faithful through and through,
And over and over, we will follow you.
HH
eddieinkirkmichael
@
23:02 on 15 April, 2014
I know a few fans who never miss a game home or away, their whole lives are determined by Celtic’s fixture list, holidays arranged to coincide with Euro qualifyers ect. These guys and gals live for our club and I have the greatest respect for them and their commitment. I envy them but know that I could never be like them, does this make me any less of a supporter? I don’t think so but I do acknowledge that these people are the life blood of our club and without them we wouldn’t be as respected throughout the world as we are.
We come from all walks of life, working class, middle class, probably some from Bearsben aswell. I bet though when these different classes get together the only thing that matters is their love of this great club, a club that at times can take us places we never knew exsisted.
——————————————————————————————————————–
Well said and eloquently put sir.
I have the same problem with only being to attend occasional games (and not just the high profile games) I can’t pick and choose and attend when I can.
Funnily enough one of these occasions came last year when we were to play AC Milan at home. My wife and I had bought tickets to see Nickelback at the SECC a year previously and lo and behold did it not turn out to be the same evening!
Anyway, once ensconced in our hotel I couldn’t bear it and talked her into going to the game to see if we could get tickets and although we lost I don’t regret it for one moment.
These are the opportunities I have to seize and regret them not one jot.
I do not want to see the Hun back in my clubs ground ever. Whether I continue to support if they do arrive back in the top league, I do not know at this time. I feel that their cheating has cost Celtic more than it has cost them.
Repost from yesterday for anyone who might be able to use these for free. I realise the last paragraph may put some people off – rest assured full instructions and a starter pack will be provided:
Monaghan1900
17:31 on
15 April, 2014
I have two train tickets from Glasgow to London (and on to Harwich) for 22nd of this month together with two ferry tickets Harwich to Hook of Holland going out on the night of 22nd and returning on the night of 1st May. I can’t use them and have discovered that I don’t get a refund. If you can use them (or any part of them) or know anyone that can, they’re yours.
All I ask is that you torch the offices of Stena Line and hole the boat when it docks at Hook of Holland.
MONAGHAN 1900
Blinkin’ flip,mate. That’s a bit much to ask of anyone,innit?
Have you seen the price of petrol nowadays?
Apathy rules !
Apathy will see the huns back !
Anarchy – will set us free from a compliant ‘bored’….over to you tims…
Aaaaaarrrrrrrggghhhhhhh…….off oot, bye, adios etc….
If the board wont tackle this sevco corruption, then they are condoning it.
They are fully aware of the corruption, but refuse to tackle it, what does that say about them?
Ive had enough of it, its sad indeed, when people don’t have the balls to stand up to cheating.
I was taught as a kid, to stand up to cheats and bullies, and that’s what I will always do.
Its just a pity, that the Celtic board don’t seem to have any fight in them, they just roll over and accept it.
Taking responsibility for the so- called shame game was extremely foolish, sevco totally lost the plot that night…..and somehow, we got the blame for it.
We are being totally shafted by sevco, and a board who refuse to stand up for their own supporters….shame on you.
HH