It’s still difficult to differentiate news which sounds important with information that is important. Rangers doing a deal to retain their (underperforming) players for their remaining meaningless leagues games was news, but not important information.
Administrators amended their contracts to include release clauses. This means that although top players have taken a hit on their wage packet, they will at least earn something, whereas redundancy would have left them without pay until the summer. Their agents are also able to line up deals for them with other clubs.
In other unimportant news, Steven Davis and Neil Alexander both put their homes on the market yesterday.
The important information came from Ticketus, who own what will be the vast majority of season tickets for the next three seasons, and have partnered with Paul Murray and various supporters’ organisations to bid for Rangers. Ticketus will not be top of Murray’s list of partner organisations but he will realise the club is in their control.
The consortium’s stated aim is to emerge from administration via a CVA, which I still regard as absolute fantasy. As Phil Mac Giolla Bhain reminded me with his article from January, HMRC already rejected an offer of £10m to settle from Craig Whyte, notions that they would be prepared to accept less now is hilarious.
Rangers will liquidate. Duff and Phelps plan to sell their league membership share to a new company leaves Ticketus ownership of the tickets in place. Plans to sell the league membership to a consortium headed by the company that enabled Craig Whyte to work his magic, and a director from the old improper-contracts regime are, literally, incredible.
We must remain resolute and do everything in our power to escape from this sorry messy of a league.
CQN Magazine issue 6 has sold out, many thanks for all your support.
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Glory oh, Glory oh, to the..
1-1 Beattie,i think PLs finest hour was getting £1.2 mil for him.
The bold print is easier on the eye with your mobile.
Mark Dingwall, saviour of the Rangers.
Nope, doesn’t sit well with me either.
Mark, leader of or spokesperson for The RSA, The RST, The Working Group (whatever happened to them?) and Follow Follow, has shamefully used the Rangers crisis to swell the coffers of the Rangers Supporters Trust as well as his already large head. Within a couple of days of the shit hitting the fan, Mark had e-mailed everyone on his FF database appealing for them to join the Trust. At a tenner a time. He then boasted that 5,000 fans did. So, that’s £50,000. What happens to all the tenners, you ask? Well ……. I’m sure Mark will tell you if you ask him.
Another couple of days passed and you, like me, probably got the glossy four page advertising leaflet outside Ibrox on Saturday. Ah ha! I think I have found where at least some of the £50,000 went.
In between time, Mark was on STV, the BBC and Sky and on every programme wore a different hat. On each, he extolled the virtue of a united support (wasn’t aware up to that point that he did irony).
If you joined, or were thinking of joining that the RST, you should be aware that, while formed for the best of reasons, it is not the mighty creature you have been led to believe. Prior to his advertising and recruitment drive, at the last three A.G.M.s, there were less than 30, yes that’s 30, in attendance.
You should also have a look at their accounts. What do you mean they aren’t on their website any more?
Mark has now been in the papers. The story is that his new initiative has raised £4.5 million for Rangers in 24 hours. Well, actually, he hasn’t. He has received pledges, not hard cash. Some of the pledges will not come to fruition. Well, they won’t will they? Not when every Celtic forum and blog is bragging of how they members have pledged thousands each. Now, I don’t know about you, but I think they are extracting the Michael. Out of Mark. Extracting the Michael out of Mark. Got that?
And it still doesn’t take into consideration the almost £100,000 of fans money from Gersave that the RST is sitting on. For a rainy day. Is it just me, or is it pouring?
Call me cynical, but anyone else thinking he is pushing for that seat on the Board on your money?
Via the wee proclaimer
conzaloni
Don’t think they can legally sell his shareholding without his approval at this stage but they will have been in discussions with him and if they have approached prospective buyers, I would assume he has said that’s ok. What they can do is sell any assets not secured by a fixed charge to prospective buyers.
Whoever owns the ground would be in best position to purchase the company.
In liquidation however, shareholder have little rights and all assets to be sold to pay of creditors and whats left will be divided between shareholders. As company insolvent its unlikely that shareholder will get any of their investment back.
Mort
Bada
One of Tony Mowbray’s better Celtic buys.
Craig Whyte caught on a prank call
http://www.youtube.com/watch?v=D9M-4AJw2yQ
Cheers Mort.
What a blooming mess this all is.
Nobody involved in this mess should be allowed to bring the game further into disrepute than it already is. Spl, rangers, sfa, media, tickets, blue knights, whyte knights, boogie nights gtf a nd don’t come back.
It’s all dull now. Deliver the coup de grace and kill off the cheats at IPOX, SFA and all in collusion with their phantom investigations. Disgusting. Immoral. Unprecedented.
The temporary wage cuts over Ibrox demonstrate exactly how far outwith their means they were living. The administrators only looked to reach a situation of short term stability, that is ensuring the debts don’t go up any further. They are not making money, not paying off what they owe.
And to reach this situation they had to cut the wage bill in half.
Now, imagine RFC PLC (ia) had been working to a wage bill of this level over the past few years. Would they ever have signed Davis? Jelavic? Kept hold of McGregor? And what level of players would they have been able to afford in their place? Where in the league would they have finished? How many cups would they have won?
The wage cuts demonstrate exactly what the cheating they have indulged in has allowed them to achieve.
The Swinecastle pitch has failed to withstand the grim Gorgie winter.
12 more posts until bolding is gone
Mort
11
10
9
How many more posts until the huns are gone?
7
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6
jmccormick on 10 March, 2012 at 12:28 said:
Happy Birthday….
Your saints day include St.John Ogilvie and St. Kessog.
St. Kessogs was my primary school in Balloch.
It is also the.feast of St. Simplicius.
4
Paul67……BOLD is better on the eye………great article again…….they’re fecked, and they know they are……LOL
Unbolded?
sparkleghirl on 10 March, 2012 at 12:25 said:
Ticketus statement on their website
http://www.ticketus.co.uk/
Just emailed them this, http://theweeproclaimer.wordpress.com/2012/02/29/the-biggest-rangers-forum-out-there-aye-right/
This time, sorry to those who prefer bolding.
Mort
Kitalba
When I was new to the CQN community you posted me a link to (remember the St Patricos Battalion) it might not seem much to some folk but to me it was an act of kindness from one Celt to another that made me feel part of this Wonderful place.
I could not do the linky thing but hoped one day to post a link back to you so for you.
http://www.youtube.com/watch?gl=GB&hl=en-GB&v=-d30rpdvtiA
&
http://www.youtube.com/watch?gl=GB&hl=en-GB&v=-d30rpdvtiA
how techno am i :)))))). Who ever or Where ever you are in the Celtic family, May your days be blessed.( Hope this works).
HAIL HAIL
Paul 67 , All
Given the controversy about 2nd contracts at Ibrokes, and that these were allegedly in situ until very recently, would Paul Murray pass a fit and proper test ?
BSR
The pitch looks like a rugby pitch, which is ironic given the large number of empty seats and the fact that Scotland’s rugby team are away from home ………I wonder where the ‘faithful’ are today ?
googybhoy ♥ Celtic and Integrity on 10 March, 2012 at 13:23 said:
Thanks, I am named after Blessed John Ogilvie , HH
kitalba
OOPS not so clever meant this
http://www.youtube.com/watch?v=taBIqmba54o&feature=fvwrel
HAIL HAIL
Another great article, Paul – keep up th egood work.
I am pretty sure that the sharp suited men at Celtic Park have one thing in mind:
“No direct entry into the SPL for NewCo, and that is Non-Negotiable!”
I like that word so much that I will highlighted it:
Non-Negotiable
Jim Traynor sounding very much like the cat that got the cream…
jmccormick on 10 March, 2012 at 13:29said:
googybhoy ♥ Celtic and Integrity on 10 March, 2012 at 13:23 said:
Thanks, I am named after Blessed John Ogilvie , HH
……..
Bet you glad you were no named after St. Simplicius.
happy birthday as well.
lots of great guys born in march. i wonder why that is.
Gary Neville on SKY….WHY??
Listening to GN well seen he tried to get the huns for his benefit match..a total waste of space.
Bolton playing Depeche Mode after scoring a goal.
Why does every other club in Britian wish they were Celtic.
How many clubs copy us for our songs and our huddle.
Even the cheating hun take our songs and turn them into songs of hate.
LET THE PEOPLE SING!!
What’s Traynor saying?
2-1 Hearts
Beattie makes it for Skacel
leftclicktic:
some people welcome the new folks by calling them ‘hun’, that is up to them. I wouldlove to say I remember making the link but I don’t, over the years I’ve linked quite a few that will take you to Mexico.
Thanks for the song mate, many a night I’ve sat at home with that on. Only the other day I was explaining to a very big Tim the significance ofthe ‘four’ grean fields.
Some say our day will come, I tend to agree with them; but it won’t be today and if we don’t lose the apathy and make it happen… it won’t be tomorrow either.