When the wealthy borrow from the poor

1829

Sell fans a ticket, you owe them a game of football.  Whether the standard or result it good or bad, it’s a relatively easy commitment to keep.  That’s what fans get in return for spending money on a ticket.

Sell people shares, you owe them a share certificate.  That’s what shareholders get in return for coughing up for shares.

Borrow money from fans and you owe them much more than a game of football or a share certificate.  In many instances that money will have come from people who had to forgo things to provide you with the loan.  You owe them a duty of care that their loan will be repaid, or converted with their agreement.

It beggars belief that an unsecured loan has been offered to Rangers International by fans group, Rangers First.  If, as claimed, the obligations to Sports Direct have been met, the club will have both the ability and the incentive to pass the securities previously held by Sports Direct to the fans group.  The club’s IP, training ground and ancillary assets should now be unencumbered, who better to have security over these critical parts of the club than a fans group?

Unless, of course, the obligations to Sports Direct have not been met.  Or someone else has their eye on the assets.

The claim that Dave King would match Rangers First’s loan took me by surprise.  This was counter to everything I knew and expected of him.  His swift denial was more consistent with expectations.

There is an axiom in football: Any club who has enriched a PR individual to the tune of £500k in the last year is making a serious attempt to divert it’s fans attention.  Celtic’s PR machine deals with the efficient communication of football information and financial reports.  Nothing whatsoever is spend attempting to lead the news agenda.  This often leaves us on the receiving end of that agenda, but we have nothing to hide.  Which is the way it should be.

Few sights in business or football can be more alarming than when purportedly wealthy people borrow money from poorer people.  The warning signs are writ as tall as the Ibrox stands.  This time there is no hidden Ticketus deal people can claim they didn’t know about.

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  1. blantyretim is praying for the Knox family on

    Cosy corner Bhoy

     

     

    Think you are missing an L somewhere ;)

  2. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    This is from CLOGHERCELT-welcome back,mate!

     

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

     

     

    “Easter 2016 represents a special time for the people of Ireland and the members of the diaspora overseas. The Centenery of the Easter Rising will be commemorated throughout Ireland and indeed abroad.

     

     

    Given the unique relationship between Glasgow Celtic Football Club and the island of Ireland a number of posters on the CQN Blog have organised an evening on Saturday the 26th of March 2016, from 9pm until Midnight, at Craobh Chiarán, GAA Club, Parnell Park, Dublin 5.

     

     

    There will be an entry fee of €10, to cover music, waiting staff etc. Any surplus monies will be donated to the Kano Foundation.

     

     

    This is a non party political event and the intention is to provide a venue where people can meet during the Commemerations in Dublin, next year and relax among fellow Celts, irrespective of their backgrounds.

     

     

    We have been touched by the generosity of many in donating their time and expertise to help make the event possible and by the large number of emails from people who intend to travel, many of whom have never visited Ireland before, or who have not visited in years.

     

     

    Dublin next Easter will be a special place and we would be delighted to welcome as many as possible to our 2016 Dublin Hootenany.

     

     

    For further details please mail, dublin2016@mail.com.

     

     

    Clogher/Almore

  3. blantyretim is praying for the Knox family on

    Obviously our PR department at the club has told us what we need to hear through John Collins

     

    Or has he said it off his own bat .

  4. blantyretim is praying for the Knox family on

    I’m disgusted that these clowns who live in a bubble can talk so much garbage and tell us we are wrong for wishing to attend football matches in safety and play in a non corrupt sport

  5. Kevjungle thanks for your re my daughters BBC Alba programme. To answer some of your points, Sandra in the kitchen is not a relative but a guid Celtic woman, there are in this part of the world members of the same family who are either Celtic or Sevco supporters some may say they are naive but up here we tend not to carry the baggage of, especially Central Scotland. Hell we used to have an Old Firm Supporters club here, the only problem they ever encountered was when the shared bus going to Cup Finals involving both teams used to get routinely attacked/bottled by both sets of fans. Then when the polis boarded the bus near Hampden and called them crazy teuchters,cos they did,nt know where to park the bus!!! This long ramble was to explain the background to Island football and how it is of no consequence who individual players ar the manager and his assistant support. This is what we should all aspire to although I accept it will be difficult perhaps impossible to achieve all over the country but lets make the effort. Thanks for your patience. Hail Hail Hebcelt

  6. Roy Croppie have passed on your comments from yesterday afternoon, thanks, she is delighted. H H Hebcelt

  7. Mornin’ troops………..

     

     

    BIG news – First frosts here in ma bit o’ Corcaigh………dry, so tentative border skirmishes will be evaluated.

     

    Garden is a travesty – Canna lillies still in flower, as are rogue hydrangeas also Daffs making an early appearance. Something not right.

     

     

    Talking of things not right…………

     

     

    “Joahnny Coallins” – I’ll Bet his Level of briefing prior to the most recent promotional outburst redefined Hunguffery.

     

     

    Hell mend him.

     

     

    HH

  8. Petec,

     

    The greatest trick The Jesuits ever played was to convince the world they did not control the Vatican.

     

    Nothing at Celtic or the city council gets done without approval from the Garnethill mafia.

     

    AMDG

     

    I’m away to watch The Mission before the game starts.

  9. GlassTwoThirdsFull on

    Nothing new from Collins – has said the same things a couple of times before.

     

    I guess that’s why they keep going back to him.

  10. ANDYR53 on 10TH JANUARY 2016 1:45 AM

     

    Went visiting to my sisters the other day.. they got a new puppy and have been tryin to house train it.. they been puttin down sheets of the daily ranger.. the little runt wont even use it and still shits on the floor.

     

    ———————————————————-

     

     

    We know the feeling. It seems we have forgotten just how much hard work a new pup actually is.

     

    One thing that is easier though is that we only have to teach it to give a Celtic paw ,rather than in the old days when there was a ” Rangers”.

     

     

    Hebcelt,

     

     

    Totally agree. Some of the best most knowledgeable Celtic supporters come from the Isles. Sometimes I think the effort they make is overlooked.

     

     

    Anyway. COYBIG.

     

     

  11. Jfh

     

     

    There is no Rangers, the there is no old firm, they can’t come back if they haven’t been there, he should get his neck pulled in, we the fans can’t be seen to be saying the opposite that he is saying, seems like the guy likes an audience, I know what he thinks about Celtic fans as many others do, that’s common knowledge, but I’d keep him away from interviews from now on, although it’s a bit late now, they will be all over this now.

  12. mullet and co 2 on

    John Collins comments on Rangers don’t surprise me at all. He must be talking to fans in his house or in the boardroom though. No fantasy I know looks forward to a fixed game.

     

    What does surprise me is that he Deila and Kennedy were brought in as development coaches. I never knew that. I thought up to now that they were brought in to win titles and take Celtic as far as possible in Europe.

     

    It would have been helpful to know that before we went down the road.

     

    Is this not an admittance of downsizing and an admittance that we need Rangers. Clear as day this board are not fit for purpose nor have the intelligence gathered on the state of Play at Rangers.

  13. BLANTYRETIM IS PRAYING FOR THE KNOX FAMILY on 10TH JANUARY 2016 10:01 AM

     

    Obviously our PR department at the club has told us what we need to hear through John Collins

     

     

     

     

    Or has he said it off his own bat .

     

     

    – See more at: http://www.celticquicknews.co.uk/when-the-wealthy-borrow-from-the-poor/comment-page-20/#comment-2750586

     

     

    I doubt if this will go down well at Celtic Park, my e mail this morning to Celtic was along those lines…..was that his opinion, and if it is then he should keep it to himself, if it’s the clubs opinion, then let us know before the season tickets go on sail for next season, as a right good few of us are not on the same hym sheet as the club, personally I need clarity on this, and many others will too I would imagine………. If it gets answered as they normally have in the past, I will post it.

  14. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    Best response about Rangers-apart from “Who?”-is

     

     

    “We aren’t playing them,so there’s no point in discussing them”

     

     

    The MSM can play to any agenda they like,but we don’t have to.

  15. GlassTwoThirdsFull on

    Mullet and co 2

     

    I took it more to mean that we can’t now buy the type of players we were buying a few years ago.

     

    Hooper signed in 2010. Cost what – 2.3m or something? Same standard of player now would be into eight figures.

     

    Still getting some good value from abroad – but higher risk. Also more likely these guys will move on after a couple of years – VW, VVD, etc.

  16. macjay1 for Neil Lennon on

    FLAT5 on 10TH JANUARY 2016 10:14 AM

     

    Petec,

     

     

    The greatest trick The Jesuits ever played was to convince the world they did not control the Vatican.

     

     

    Nothing at Celtic or the city council gets done without approval from the Garnethill mafia.

     

     

    AMDG

     

     

    I’m away to watch The Mission before the game starts.

     

     

    =====================================================

     

     

    If the lie is big enough,enough mugs will believe it.

     

     

    That`s close enough to what Goebbels said.

  17. Morning Timland from a very windy hun free mountain valley.

     

    I see Collins has been spouting pish again, just toeing the party line me thinks, sad but Oh so predictable.

  18. glendalystonsils on

    A seamless transition into punditry awaits John Collins when Celtic finally pull the plug on him.

  19. B.T. and T.D.

     

    Both of you bang on the button.

     

    The disconnect between ordinary fans and PlC and management team is in danger of becoming a chasm and ruining our club.

     

    Thereisnooldfirm.com.

     

    T.D. if you would be so kind to keep us up to speed with any response you receive.

  20. The boul’ Joahnny Coallins will doubtless be “used” by Shortie when the time is right

     

    to ensure proper OleFirrum balance on the wireless

     

    – their Charter dictates that when an all-hun panel passes comment on a game

     

    there should be a hun progandist talking up the ranjurs…………

     

    and a former Tim…………..

     

    snydely denigrating Celtic.

     

     

    He’ll be perfect, sadly.

     

     

     

    BracketedUnder”Murder”PetNavanCharlieNickEtc CSC?

     

     

    HH

  21. Are you guys sure of what John Collins actually said? See Big Pink over on SFM. Apparently the headline is another sham from this rag.

     

     

    Why read the garbage? Why not check before rushing into print?

  22. 67Heaven .. CHALLENGING THE LIE ..I am wee Oscar...... Ipox belongs to the creditors on

    Every time John Collins opens his mouth he inserts his foot …… he needs to understand that the last thing the majority of Celtic Supporters want to see is that shower of hate-filled, violent, bigoted cretins coming anywhere near Celtic Park …… are you really looking forward to the NHS being put under even more pressure …… Their corruption / cheating denied other SPL teams the basic right of sporting integrity, for at least 20 years, and you want them back …… I’m beginning to think you live in Cloud-Cuckoo land with the hunhordes ……

  23. The boul’…….. ( bowel?) Joahnny Coallins in the day’s Herlad…….

     

     

    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

     

     

    Of course we would, 100 per cent,” he said. “Rangers have been our biggest rivals for hundreds of years so of course it would change everything if Rangers are back in the league. Everyone’s happy when we’re above Rangers. Celtic supporters are happy when it’s like that, that’s the reality.

     

     

    “I think Rangers in the league brings more spice, more interest, of course it does. Anybody who says otherwise, I don’t think is in the real world. This is the second season [for Collins and Deila at Celtic without Rangers], so you’re kind of getting used to it now. If and when they do get back then it’s a totally different ball game; every week’s exciting, we’re looking for each other’s results, everyone’s talking about both of us and everyone’s full of energy when Rangers are in the league. The fans love Old Firm games, winning Old Firm games.”

     

     

    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

  24. willmacufree

     

    Well that’s fine if it is garbage, the why isn’t it on my official Celtic web page denying it, then there woulden be a knee jerk reaction, why is it left to me to bring it to Celtics attention? Well, so that I can get an answer, I’v used the proper Channels , the balls I there court.

  25. Why don’t the board just tell us where they stand on the cheating by the SFA and Sevco . Then when the season tickets come out we can all decide if we want to be a part of the corruption or not.

  26. 67Heaven .. CHALLENGING THE LIE ..I am wee Oscar...... Ipox belongs to the creditors on

    I’m reading back here and some are saying the SMSM are at it again……..if so, then OK, we need a reaction from / official statement from our Board, and we need it today …… I am sending an email to Peter Lawwell, right now, and would encourage others to do the same ……. I am getting the distinct impression they have entered the same parallel universe they accused the bhuns of entering…… someone needs to put a sock in JC’s mouth………

  27. Morning Celts

     

     

    John Collins….taking the Celtic support for granted.

     

    What an arse.

     

    I really hope the fans give him an answer today.

     

    We don’t need the cheating bigots anywhere near…..they are poison.

     

    However, I hope there are not as many old firm fans….as JC thinks.

     

    I wont be having anything to do with it.

     

    Fecking disgrace that they are allowed to cheat.

     

    I wont be buying into that.

     

    Shocking that JC cant tell the fecking truth.

     

    Muppet.

     

     

    HH

  28. Calm down folks.

     

    Collins is only toeing the PL and DD Party Line.

     

    As I posted recently. The Board is keeching itself in case BDO are refused leave to appeal before ST renewals are due.

  29. Aidenbhoy

     

     

    Maybe they fear it will be bad for business, all about the money, while the sport is reduced to a sham.

  30. AIDEN BHOY on 10TH JANUARY 2016 11:45 AM

     

    Why don’t the board just tell us where they stand on the cheating by the SFA and Sevco . Then when the season tickets come out we can all decide if we want to be a part of the corruption or not.

     

     

    They will bob and weave to avoid the straight answer you want.

     

    And if pushed, they will accuse you of disloyalty for even asking the question.

     

    God help us all if their vision of the way forward is to kiss, make up and forgive THEM for cheating us out of trophies and millions of pounds.

     

     

    – See more at: http://www.celticquicknews.co.uk/when-the-wealthy-borrow-from-the-poor/comment-page-20/#comment-2750606

  31. As I said if it’s BS fine, but JC or a Celtic representative should be on the official Celtic web site and letting us know it is BS in no uncertain manner, until the I have to assume, the tool is there that’s what it’s for, use it, don’t leave us assuming and sitting in the dark, with no disrespect but I couldent care what the SFM said, I need official denial ASAP.

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