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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DD
Freezing like “f” outside, but the ole cole fire has the hoose biling. Lol. Hope yer well “G”. See ya at the next home game. HH
https://pbs.twimg.com/media/CYIZq-yWEAAsn1T.jpg
A training ground stramash
arthurmontfordCSC
BT, I believe Dancing Brave was that horse, it did win the Prix de l’Arc de Triomphe though.
I won a tidy sum on that.
Weefrathetim
So heartwarming.
CQN back to its best thanks to you.
https://pbs.twimg.com/media/CYKD7-TWcAAPGRw.jpg
The Maestro strokes one home at Tanndice
HH
The bear is with Mclair, with McStay catching up
I thought Provan ?
Weefra, a real fire, remember one of them from about 35 year ago – brilliant :-))
https://www.youtube.com/watch?v=qpJ0cyXbMbI
Steve Harley
Made me smile
CockneyRebelsCSC
JNP
Thanks for that, I remember a mate at work had his tank on dancing brave to win the Derby, 1st Tuesday of the month and we where paid last day of the month in those days, unless we we where still on giros because of payroll strike :))
Weefra…
I ran over a fox on the way to work after dropping my daughter off today, I didn’t fancy taking a chance to miss it with the ice.
I felt bad and didn’t tell my daughter as she would have been upset.
Thought of yourself and thought feck it… That bassa would eat your chickens with half a chance. :) HH
Weefra
Did you notice Accies game moved to Tuesday 19th at 7.45
I’ll check to see if Larkie bus going that evening
https://pbs.twimg.com/media/CX4XMKLWEAA0xxM.jpg
Jim Craig
he’llmakeyousmiletooCSC
https://pbs.twimg.com/media/CX5kO0yWwAECTjK.jpg
Wee Joe scores on his debut v Dundee
HH
COWIEBHOY on 8TH JANUARY 2016 10:21 PM
RC
It is Billy Stark.
Keep the Faith!
Hail Hail!
Jimmynotpaul
As I said cracking memories of good times, Love St I wasnt at the game, at 16 but our community centre opened that day so we had the five a side hall to ourselves, although it was more like 11 v 11 none of this organised rubbish, if you got a touch of the ball you had to make the best of it…..
On the topic about songs that you used to hear in the late 80s / early 90s I used to enjoy a wee rendition of the “Broad Black Brimmer” up at Pittodrie….
Weefra
When we moved fae a coal fire in Partick to gas central heating in Knightswood, a part of me died. Learnt that rubbish went in an outside bin and not up a lum, for the first time aged 8.
See you Saints match Fra.
https://pbs.twimg.com/media/CXlSkspWsAA9RXn.jpg
Tully
HH
Blantyretim.
The day after Greville Starkey mucked up The Sporting life, which was the main racing paper of the day, went with the headline Crime Of The Century. Greville was the main jockey for the trainer Guy Harwood. Khalid Abdullah was the owner of Dancing Brave and made sure Greville never rode the horse again. Poor Greville’s career went downhill after that.
Right that’s me almost out of juice. Night all, be nice to each other.
https://www.youtube.com/watch?v=ZRAr354usf8
The Doors
People Are Strange
faceslookuglyinsevconiaCSC
https://pbs.twimg.com/media/CXk29_uWcAE_5CI.jpg
New Year Success ’83
happydaysCSC
https://www.youtube.com/watch?v=YSR4kwcJIQs
Grace
Paddy Reilly
WaysidefavouriteCSC
Lennybhoy.
You sure ? :-)
DD
We don’t need coal fires for heating in the shire now
We use the chimenea don’t you know ☘☘. ;-))
Cheers JNP
https://pbs.twimg.com/media/CXk35XWWkAIiNhc.jpg
McGugan’s moment
HH
And doc
Flipping red wine is great stuff
https://pbs.twimg.com/media/CXk4zSMWQAAJ5ZC.jpg
Extra time Tynecastle winner…always good
HH
Sipsini
I hand feed the Clydebank Reynards. Foxes are my favourite creatures. You must be devaststated at that accident.
The Urban Foxes are wising up and taking over.
Nae rats or mice here. :)
https://www.youtube.com/watch?v=BJIoDTcPGds
The Pogues
White City
Shane’snewteethCSC
Roy C
Great stuff as per usual, am away to listen to 10.40pm post
Hail Hail
https://pbs.twimg.com/media/CXa_-ZCWcAAlkjj.jpg
Feyenoord v Celtic
HH
BT
We still burn huns in West Dunbartonshire. Ones that deal smack anyway.
https://www.youtube.com/watch?v=r2vGa-yLiso
Sonnet
The VERVE
HH
Cowiebhoy:
I’m a Roaster, remember, we are always right…:)
Keep the Faith!
Hail Hail!
https://pbs.twimg.com/media/CX9eMwTWYAAqiIV.jpg
Dixie v Stranraer
HH
https://www.youtube.com/watch?v=fdSqpT6gfDU
The Jam
Start
https://pbs.twimg.com/media/CX4XArAWAAAzoAc.jpg
anyone? who is this?
sicknoteCSC
BLANTYRETIM @ 10:17 PM,
“Agree,McClair did the dirty on Celtic that season”
Bit out of order BT…
Comparing Brain to Maurice Johnstone.
No comparison!
BTW RC Doing a great job as usual but…
Just did what you mean by “2 Bhoys and the unmentionable…“?
Hail Hail
https://www.youtube.com/watch?v=coCjlhyFug8&list=PLPAL315FJtRyNtWoyStt_pzJYO63qbK-f
The Kinks
Death of a Clown
HH