When directors and creditors are one and the same

1069

Thanks to everyone who contributed questions for the Forum last night.  It was an open, frank and productive meeting.  Draft minutes will be distributed to attendees to be checked for accuracy before being formalised, after which the meeting’s outcomes will be made public through various outlets.

One thing which is evident, and goes largely unacknowledged, is the significant contribution made by Auldheid in building the channels needed for constructive dialogue between the club and supporters.  Well done, Pat.

I see Neil Lennon in the news being “flattered” after Norwich City chief exec, and former Celtic commercial director, David McNally, told the media he believed it only prudent he keeps an eye open for a new manager, should Chris Hughton ‘leave’.  Neil answered well, refused to comment on a job which is already filled, while setting a standard answer, suitable whether he was interested or not.  There is no point firmly denying interest in a job as a subsequent refusal to do so for a different position would leave too much information on the table.

McNally is right, it is only prudent you keep an eye on these things, but can you imagine how Hughton feels when reading this stuff, or what the resulting speculation will do to the club’s relegation chances?  There is now far too much information on the table now for Hughton to be effective.

A football manager needs authority and respect, Houghton has been denied both.  Norwich should do the decent thing and pay the man his contract before they sleepwalk into the lower leagues.

It’s funny how different people read the same thing in different ways.  An announcement that a club is in discussions with a couple of existing shareholders to borrow money to provide working capital is self-explanatory in most respects.

The announcement by Newco Rangers this morning establishes that the club needs a fresh injection of money to pay its bills.  We all knew this, but the sharp-eyed will also have noted that this loan will create the club’s two major creditors.  No bank will lend to Newco, their creditors will be limited to trade suppliers, HMRC and other football clubs, all pretty low values.  This £1.5m loan is likely to give the lenders sufficient control to vote through anything they desire, should administration occur.  The controlling directors and creditors will be one and the same.

Newco Rangers has been rag-dolled since its inception by various pressure groups within the broader family who seem determined to stamp on whatever green shoots of recovery exist.  What it really needs is the kind of strong leadership this directors-creditors group can provide, leaders who will do the right thing, take the necessary medicine and stand firm against the quislings.  While others tried to get the club for free, they paid their money, continue to do so, and deserve the chance to run their club as they see fit.  For what it’s worth I think the club and its current controllers are a perfect fit.  I hope they use their largest creditor status to protect their interests.

Congratulations to STV’s Peter Smith (aged 12 ½), who scooped the Royal Television Society’s Young Talent of the Year award, achieved partly because he was prepared and able to ask hard questions, when many of his elder peers would rather eat their own toe nails.  He’s still not uncovered that Dallas Cowboys email, so more work still to be done.

If you would like to read the new CQN Magazine, GO HERE to read properly, and for FREE, the graphic below is just a taster.
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  1. ACGR

     

     

    What cost are the flights? Pal o mine has a b n b there and having been meaning to go for a while?

     

     

    Kikinthenakas

  2. Benny apart from the fact your are a one dimensional being, most of us don’t hang around reading green papers etc. we need to trust our politicians to do the right thing. That’s clearly misplaced in Scotland. Tell me do you support this remarkable bid to social engineer Scotland?

  3. neganon2 @ 23:51 on 20 February, 2014

     

    “I. Can’t live in this country any more.”

     

     

    Bye bye.

     

     

    “It’s gone beyond the pale.”

     

     

    What an ill thought phrase on a Celtic blog.

  4. a light insanity on

    It hasn’t. We conform to rules that put children as a priority. I don’t disagree with that though it needs adjusted a little as all legislation does .

  5. ‘Hindsight is only a great thing if the opportunity arises to use it as foresight the next time. Otherwise it’s just a bit of a kick in the nuts.’

     

     

    ConfuciusCSC

     

     

    HH jamesgang

  6. By the way

     

     

    Young Frase is Lookin awfy Good.. tae me…Noo that he has come Back fae Injury

     

     

     

    He has a Magnificent Physique..n that is a start…Anyway!

     

     

     

    He jis Looks The Part..

     

     

    N.. Looking the Part is Half the Battle..

     

     

    Fur..

     

     

    Virgil.. jist Looks like the Kinda Guy that Ye wid luv tae Playin … at Center Back .

     

     

     

     

    All kiddin ,aside,, fur a wee while…anyway

     

     

    Ah am very Impressed by..

     

     

    Young Ownie O’Connell…

     

     

    He is a Virgil Clone..

     

     

    Watch him.. He Comes forward wi the Ba.. as a Attacker.. from time tae time.. jist like Virgiill..

     

     

    And.. Ownie, also.. Passes the Fitba..rather than.. Hoofs it up the Park..

     

     

    A la Mc Manus.

     

     

    Virgil ,of course.. always maks that easy Pass tae a Colleague,as wel.

     

     

     

    Ah tellya Folks..

     

     

    Young Ownie Could Mak us Forget.. Virgil.. in a Hurry.. If

     

     

    Neil. Gies Him a Chance like he did.. Fisher…

     

     

    So in eether.. Fraser of O’Connell.. Celtic, ur well fixed fur Able Deputies..

     

     

    Fur Virgil.. when he Leaves..

     

     

    N He Wull Leave..

     

     

     

    Get Used tae that idea.

     

     

    Kojo

     

    Still,Laughin

  7. A Ceiler Gonof Rust Dancing in the Moonlight with Annabel Goldie on

    paolosboots, I use different method’s. The wee machair loch I fish is shallow and has sandy beaches along the west shore. I use a 12g silver toby on light spinning gear there. The rest of the loch I fish with the fly.

     

     

    BTW, I’m joking about the strangle part, I’ve not killed a fish in years. If I want a fish Doc can get me one in Aberdeen served with chips and mushy peas.

     

     

    How you doing fella?

     

     

    HH

  8. NegAnon2

     

    23:51 on

     

    20 February, 2014

     

     

    That’s why I said we need a new politics at the end. The whole system is beholden to Westminster.

     

     

    As we all know the SNP was traditional to the right. Why the clear swing to the left, and they are by far the leftist of the major parties? Well they know that’s what will keep them in power. We are a left leaning nation. All of the main Westminster parties are right of centre.

     

     

    We need radical change. It will never happen in the Union. I’d like to see if it can happen in an Independent Scotland.

  9. neganon2 @ 23:57 on 20 February, 2014

     

     

    No I don’t support it, and I made my view known. I didn’t wait until after it was passed to show my disgust. I didn’t need my wife to tell me about it. I am not one dimensional.

     

     

    You really come across as an eejit. You have been too concerned with my team’s chief executive that you miss the really important things. You really come across as a buffoon who greets because naebody told you this was going to happen. Time you got your priorities sorted. You trust your politicians to do the right thing? Since when has that been the case? You really are a buffoon. What is the outcome if everyone expects their politicians to do the right thing? Ukraine maybe?

  10. A Ceiler Gonof Rust Dancing in the Moonlight with Annabel Goldie on

    kikinthenakas, I’ve not flown there in the past five years so your question made me curious. I checked the Loganair website and it’s typically about £75 each way.

     

     

    Here’s a link to their site. I might fly up this summer. I’ve been twice with my son and both time we done the ferry trip. He’s off to Uni at the end of the summer so a jaunt is beckoning.

     

     

    http://www.loganair.co.uk/lowfarefinder/

     

     

    Some cheaper ones around £40.

     

     

     

    HH Bruv

  11. Doc you ignored my post. All parties in Scotland voted for this. They are all drunk on power. How on earth would that change with independence.mweeminger same point.

     

     

    Alight insanity oops what?

     

     

    Benny you along with tonydonnely represent the stupid on this site. You don’t learn or listen and all you represent is the dumbed down stupidity of the tabloid press. I am fully aware of what beyond the pale means but for you to be such a tube about it while supporting the scottish government in their attempts to socially engineer support for them speaks volumes about you.

  12. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    PAOLOSBOOTS

     

     

    ACGR is no doubt telling the truth when he states that he hasn’t strangled a trout in years.

     

     

    Choking the chicken,though. That is a different matter.

     

     

    Afterthewatershed,lightenupCSC

  13. NegAnon2

     

    00:13 on

     

    21 February, 2014

     

     

    I don’t assume that the parties will remain the same after Independence. The agenda will no longer be set by Westminster. Here’s a quote from Scots singer Aiden Moffat that sums up the position for me:

     

     

    “I’d rather gamble for a better life than accept the shit we’ve been dealt.”

  14. Neganon, didn’t ignore it, missed it.

     

    I trust in us to get the government right, more than I do Wessex.

     

    :-)

     

     

    This is a bad law, but governments we support will pass bad law, they all do.

     

     

    Whether together or not.

  15. Benny you are a contemptable tube. You know nothing and your posts betray your stupidity. Ooohhh it’s an insult my wife tells me about this latest atrocity. What an ar£££hole. You are one dimensional Right enough. So far up the ruling elites behind that yo can’t see straight.

     

     

    Your pathetic attempts at bullying show how juvenile you are. You tell me you are against this and were aware well before it got passed. Then tell me Benny what did you do to resist it?

  16. A Ceiler Gonof Rust Dancing in the Moonlight with Annabel Goldie on

    TET, the Gallogate pubs are heaving to bursting right after the games. A couple in the KDS and an easy saunter along to the Gallowgate will see the bhoy right. The Gallowgate pubs are buzzing until chucking out time anyway.

     

     

    Play it right.

     

     

    I’m heading back your way in the last week of April. Put it in yer diary for a sclaffbaw event bud. I’m also looking at 10 days in June, a week in Aug and a week in Oct. So get them sclaff bats oot and get practicing:-)

  17. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    WEEMINGER

     

     

    All sensible gamblers know how to weigh up the odds.

  18. neganon2 @ 00:13 on 21 February, 2014

     

     

    What did you do to stop the children’s bill before it was passed?

     

     

    Nothing? You are too disengaged to realise it was being discussed. Too late buddy.

     

     

    You are always too late. That seems to be one of your main attributes.

     

     

    Do you know what an attribute is?

  19. Doc and Weeminger p. the OBFabd now this. If we are independent how one argh will it make a difference. Billy Connelly called it right. We will get what we deserve.

  20. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    Offski. Duty calls.

     

     

    Got a name to rub off the holiday board for starters!!!

  21. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    PAOLOSBOOTS

     

     

    Smashing,bud. And you?

     

     

    Mail you in a coupla hours,tempus fugit…

  22. Benny as I said you were aware and did nothing. I work abroad every week and am unaware. You are aware and do nothing. Why didn’t you tell us all about this atrocity given you were aware?

  23. Weeminger..

     

     

    Afore Ah go..

     

     

    So.. Ye want the Best kinda Government?

     

     

    Well..

     

     

     

    The very bes Kind of Government..

     

     

    Wid Be

     

     

    A .. Philosopher.. KING.

     

     

    Democracy,like Ah keep oan tell you guys..

     

     

    Is The WORST Form of Government.. well..Mebb no the Very Worst.. futr that is

     

     

    Totalitarianism..Like.. well.. Communism. or Fascism,

     

     

    Fur.. In under the Democratic System..

     

     

    Everyone Gets a Vote..

     

     

    Can ye believe that??

     

     

    Every, Jan n Joe .. gets a Chance tae Cast a Vote..

     

     

    Is that No INSANE?

     

     

    Whit a Stupid Ideal.. but…

     

     

    Naturally, If A Politician,under the Democratic System..

     

     

    If he wants tae be Elect..

     

     

    Must..

     

     

    Gie Things away.. ye know.. Bribes?

     

     

    So He diz. Fur he Knows well if He wants tae be re-elected tae his Brand New.. Swell Joab..’

     

     

    He must Get fold tae WANT tae re-Elect him

     

     

    So he spends his time kin Government..

     

     

     

    Making sure that He Gies As Much Freebies n Gifts tae His Voing Block.the wan that He Identifies wull be Maist willing tae Vote fur his Re-election..’

     

     

    So that Block,, Naturally.. Canny be. the Scots Catholics..

     

     

    But thur ur Nae Enuff of Them..

     

     

    They could be Useful as a Swing Vote,of course..

     

     

    but.at this time.. That wull Be Un necessary.

     

     

    As he wull Hiv Plenty of Voter if he remembers tae Favour the Majority..n Furget aboot the Minority.

     

     

    So..Like Ah say.. Democracy is a Very Bad Form of Government

     

     

    Fur..although,is Gies Everybuddy the Vote..

     

     

    It still Manasges tae Be Unfair.. tae a Loat of Folk, tae..

     

     

    This is a very Complex Subject fur this Time o Nicht..s Ah wull Let it Be..

     

     

    Fur Noo..

     

     

    But.. Remember..

     

     

    the best Form of Government n the Wan

     

     

    Kojo would Prefer..

     

     

    wid be that Ran By a Philosopher King.,, who widnae Need..

     

     

    ANY ADVISORS

     

     

    Fur Advisors. are Nast things tae Hiv…

     

     

     

    Kojo.

     

     

    Still,Laughin’

  24. “Doc and Weeminger p. the OBFabd now this. If we are independent how one argh will it make a difference. Billy Connelly called it right. We will get what we deserve.”

     

     

    This is remarkably like how someone steaming would sound. Probably blame it on the iPad.

  25. neganon2 @ 00:21 on 21 February, 2014

     

    “Benny as I said you were aware and did nothing.”

     

     

    I refer you to my answer at 00:07.

  26. A Ceiler Gonof Rust Dancing in the Moonlight with Annabel Goldie on

    BobM, I quite like chicken, needs lots of salt though. As for your comment. Remember, wee reprobate children read this blog once they come in from clubbing, hoose breakin and chasing dragons.

     

     

    And that aside, weefra will not be happy about you mentioning the chicken choke, double entendre or not.

     

     

    Shocking. I’m pyoor shocked.

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