Training Compensation, withdrawn rant, Celtic action on the streets


Football clubs tie themselves in knots sometimes.  Newco Rangers fired off with an incorrect rant on the same club/new club debate yesterday, only to be told to withdraw it a couple of hours later – which they promptly did.  Dundee United signed Charlie Telfer on a free contract and were due to pay Training Compensation to his previous club, for the player’s development from when he was 13-years-old.

Football operates a Training Compensation system whereby clubs signing players up to 23-years-old have to make a payment for the development of the player since they were 13.  The payment is made in its entirety to the club which previously held the player’s registration.  The receiving club is then obliged to pay any previous clubs for their portion of the player’s development.

Dundee United contested the rate at which they had to pay for Charlie Telfer, incorrectly, as it turned out.  They did not contest that they were due to pay the entirety of Telfer’s development to the preceding club.  No mechanism exists to forgive Training Compensation obligations in the event a preceding club no longer exist.  Any monies due remain payable, ultimately to the club’s creditors.

Those at Newco who fired off the statement in haste yesterday will now consider that they have collected payment for services fulfilled by oldco.  It is up to Rangers’ liquidators, BDO, to recover their portion of the money from Dundee United on behalf of creditors.

A condition which Newco signed up to, to gain membership of the SFA, was that they become responsible for all Rangers’ football financial obligations.  This includes paying down Training Compensation, as well as the still-uncollected £250k fine levied by the Nimmo Smith Inquiry.

That £250k fine has become something of a football ‘football’.  It is a football debt due to the SPL, which has since folded its liabilities and obligations onto the SPFL.  The SPL was not in a position to enforce payment as newco never played top flight football, so the matter was parked until it became actionable.  I don’t know the current position of the Nimmo Smith £250k debt but faux bravado can only encourage others to ask the question, “Where’s our £250k?”

CQN Annuals are shipping!  If you pre-ordered it should be dropping through the letter box soon.  You can order yours here in time for Christmas, or you can order an incredible Annual-DVD bundle here, two stocking fillers in one hit.  Get ‘em while DVDs remain in stock!

Have you signed up for the bucket collection on Sunday?  Hope to see you there.  More importantly, if you only have four minutes to spare today, watch this video.  It is out today and tells you what all the £1’s that go into your buckets do.

The whole ‘More than a club’ business takes life on the streets of Scotland, the schools of Africa and lots of places in between.  You need to watch the video to find out how.

Click Here for Comments >

About Author

  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. 8
  10. ...
  11. 19

  1. Interesting to see what the team will be tomorrow, with Broony, Forrest, Lustig, Denayer all left behind at home :






    matthews ambrose vandijk izzy



    ————– Bitton Johansen—————–



    Tonev Commons Stokes







    won’t be far away from that i reckon

  2. timomouse



    Interesting comment about Charlie Telfer playing for the best young side in Scotland.



    The average age of the Celtic squad is 24.5. The average age of the United squad is 24.3. Not much difference there. Our goal keepers are the obvious ones that push our average age up but in the main we have a very young squad.







    I suspect in January the average age of the Celtic squad will be younger than it is today.



    In comparison the Sevco squad average age is 28.3 and the super young Fartz wonder kids squad has an average age of 23.8. Their goal keeper is 36 though.







    Out of all 4 squads the biggest first team pool is Celtic with 33 which is expected due to our European participation.



    I predict in January and beyond that our squad will get younger and no doubt fitter. Interesting that football in Scotland these days is a young mans game. Only one manager has yet to suss this out though. He is the biggest earner in Scotland to be fair so everyone else may be wrong.




  3. gearoid1998- When you see the likes of Shane Long going for £12 mil,and Mutton being touted as the best right back in the league,VVD will easily cut it down there.

  4. Morrissey the 23rd on

    Auldheid @11:22





    To make it clear I’m not saying folks should boycott I’m saying having seen what I’ve seen and on the basis of the narrative that flows from it unless something is done to restore trust I’m our game I will give up supporting in the way I do.



    Self respect demands it of me. What others decide will be based on what the narrative they see before them tells them.’




  5. By the time we get to the summer transfer window of 2015, and on the verge of Champs League Qualifying campaign…. the make up of the Celtic team, and the areas that need addressed, i’d like to see sorted as follows :






    Lustig New Signing New Signing Izzy



    —————-Brown S.Armstrong———–



    Forrest ———-Johansen———–Oddeggard







    I reckon if we fill those voids, and sign Armstrong, Guidetti, and Oddeggard… we would get through Champs League qualifying.


    But does Pedro and Dermot have the ambition.??

  6. Morrissey the 23rd on

    judester @ 12:11


    ‘Auldheid @01:13


    Where do we go from here?At what juncture is res 12 at?’



    I will leave one of the others to answer your question.



    This highlights exactly why I believe Celtic should have updated their fans and share-holders. Nobody at the AGM left the room remembering every word spoken at the AGM. The only update I have seen ANYWHERE is on CQN and most CQN’ers missed that.

  7. Natknow@17.22


    Re the Anton “Jesus Christ”Rogan.


    A really good Tim (and I was at the Partizan game) but as a kid he used to travel on our supporters bus to the game. Wouldn’t sanction playing football anywhere else when he heard Celtic were interested in signing him.


    Changed times indeed.



  8. I put in a complaint to the bbc about David Curries claim that they came out of administration.



    Just got their response.



    Thank you for getting in touch.



    The company that owned Rangers went into liquidation but the club and assets were bought out of administration before the company was liquidated therefore this report is factually correct.


    We were referring to the football team here and not the company that formerly owned it.



    We frequently refer to the liquidation of the company that owned Rangers when reporting on business and finanical matters.



    We will continue to refer to Rangers as the same club ; where we will make a distinction is between the old company and the company which currently controls the club’s assets. This is in line with the BBC Trust findings on the matter , Details of which are available at…



    Thank you , once again for taking the time to contact us.



    Kind Regards


    Natasha McCartney BBC Complaints

  9. Bada@17.27


    VVD could make it in any league in the World (apart from the bestest, most competivist, Scoddish Championship).


    Mutton best right back in the League!!!ffs. What are they watching in Braille.



  10. Jeez ruggygman, I hope that is not the team or we will be well and truly skelped. We need to play as strong a midfield as possible. My guess would be direct swap Kayal for Brown.


    Wouldn’t mind seeing O’Connell partnering Virgil with Efe going into midfield either but I reckon it will be minimum change.

  11. !!Bada Bing!!



    In the UK as whole if Sky are not slavering over your player and highlighting all his best bits of play then you are struggling to get top dollar for them.


    It’s a transfer shop window tool that is used by agents to publicise their players. No wonder Jim White is best buddies with half the managers in the league. If they need someone punted Jim and his pals can tout them on TV 24 hours a day. It’s like Youtube but in effect much more effective. It’s brainwashing people. How many times have you spoken to someone and they think A or B is amazing because they saw one move they did, flick, cross, free kick or goal they scored on Skysports news 100 times? If big Virgil wants a move to a top club then he needs to do something a bit special and then get his agent to speak to SSN and get it publicised. Rangers/Sevco never had that problem though because Jim White will readily give them as much positive coverage as possible for their players.


    I never heard the comments from Andy Walker but that sort of thing does not help Celtic sell but it certainly helps them hold onto players.


    Would VVD be able to play for Arsenal? Probably I don;t watch a lot of them but they have been leaking goals. I certainly think Liverpool could do with him. If Rodgers is kept on there Virgil would be just the type of CB he would like to work with given his style of football.


    One thing is certain though, VVD will not line up for Celtic this time next year. Cracking big player but I feel a move may just help the lad move to the next level. If he stays though I will be delighted. To get top dollar from the EPL you need Sky to talk your boys up. We don;t seem to get that at the minute.




  12. gearoid1998


    17:35 on


    10 December, 2014




    Re the Anton “Jesus Christ”Rogan.


    A really good Tim (and I was at the Partizan game) but as a kid he used to travel on our supporters bus to the game. Wouldn’t sanction playing football anywhere else when he heard Celtic were interested in signing him.


    Changed times indeed.






    The Partizan Belgrade game is etched in my memory – as I said to my cousin who stood next to me “I’ve never been so high and so low so many times within 90 mins”. My comment was just a wee joke – I loved Anton. Great tim!!

  13. If VVD is not going to be with us next season we should sell in the upcoming transfer window. We should then sign one, possibly two, new centre halves and give them 6 months to settle in and form partnerships ahead of CL qualifier.


    Obviously I’d much rather VVD signs a new contract and commits to stay for another couple of seasons. Doubt it’ll happen though.

  14. glendalystonsils


    17:36 on


    10 December, 2014





    and oliver ‘ FFS!’ Tebily





  15. Newco / oldco Charlie Telfer thingy……



    We received £305,000 compensation for Islam Feruz from Chelsea.



    Not sure that proves anything, mind.



    He must be worth a fair bit more now, given his newly discovered powers of invisibility…….

  16. G67-i take your point,i really hope for once we have a settled team ,going into the CLQs,no more Berget signings.

  17. lennon's passion on




    17:46 on 10 December, 2014



    Cheers i thought that. But my mate was certain his contract was up in summer.

  18. Cosy Corner Bhoy on

    Re the butcher pun , Kilwinning had a butcher called William(surprise) Wales , who ad the sign best Scotch Beef from Wales. I liked it:-)

  19. bamboo


    17:38 on


    10 December, 2014



    Im sure the unpaid creditors of RFC would find that of interest…

  20. who are the BBC tyrust? the same people that seem to have a sectarian emploment strategy, especially in sport department

  21. Well I didnt put the complaint to BBC Scotland ,but the reply seems to be typical shortbread reponse. I’ll check out the link and see whats in that.

  22. Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma on

    The BBC can only say what they say because of the daft Nimmo Smith ruling.



    Re Res 12 – I am working on the next stage of that just now and have someone to go and see tomorrow.



    Personally, I don’t agree with Morrissey on the issue of Celtic making a statement on their website regarding the resolution and I think it would be detrimental to our interests and goals.



    The resolution is an internal Celtic PLC process going from shareholders to board and then on through the board to a third party.



    A statement on the webpage is a broadcast to the whole world and is there for anyone to see.



    We are in the midst of a process and know exactly where that process is going, who it is going to, where it is going through and then have to wait and see how it will be handled.



    None of the detail of that is for public consumption and the process is an ongoing one.



    Of key — absolute key importance — is the fact that it is now a process where there will be direct communication with the SFA.



    No filtering, no diluting, no censorship and no interfering or any suggestion of it from the board of Celtic PLC.



    If Celtic were to in any way interfere or prejudice that by making some daft or loose statement on their website — and football clubs have been known to make a dog’s dinner of website statements in the past — I, for one, would be incandescent with anger.



    There is a process here – we follow it and see where it leads – perhaps slowly, but methodically and professionally with no sideshows.

  23. This is the BBC link re Rangers



    Coverage of Rangers Football Club, BBC Online



    This is a consolidated appeal from two complainants who said that a number of reports on the BBC’s website were inaccurate in giving the impression that Rangers Football Club, rather than the company which had previously owned the club, had gone into administration/liquidation. One complainant also asked the Committee to review the Trust Unit’s decision not to accept on appeal elements of his complaint relating to an allegation of institutional bias.


    The Committee concluded:


     that the elements of the complaint relating to alleged institutional bias did not qualify for consideration on appeal.


     that the choice of the right language by the BBC was highly dependent on the purpose and context of the output, including the intended audience and, for example, whether it was a sport story or a business story.


     that, while there was no reason to treat the football club itself as “new” simply because the assets that make up the club had been transferred from one company to another, there was good reason to distinguish between “newco” and “oldco” when referring to the owning companies and the corporate transactions involved in the sale of the club.


     that the BBC had not used clear, precise language and due accuracy had not been achieved where the distinction between an “old” and “new” Rangers had been made in output referring to, and related to, football and the club as opposed to the “old” and “new” company.


     that it was likely to be the complex nature of this particular story that had led to the lack of due accuracy and there were no grounds on which to uphold the complaint of bias.


    The complaint was upheld in part. For the finding in full see pages 25 to 35.

  24. Natknow@17.47


    I know you were only jesting about




    Like your goodselves I would rather VVD signed a long term contract with us. I hate us being typecast as a feeder club for the EPL. I also resent the fact that they get our players on the cheap. If VVD was playing in Portugal he would be a £20m transfer target.


    Having said that if he wants to go sell him when we would get the best price for him. No player is bigger than the famous Glasgow Celtic.


    Time of selling should also be predicated on what gives us the best chance re Champions league qualification for 2015/16.



  1. Pages:
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. 8
  10. ...
  11. 19