When Duff and Phelps put their initial deadline in place for bidders for Rangers back in March, Celtic Quick News took the view that Craig Whyte was the only show in town and that any successful bid for the company’s assets would have to come from him or his proxy.
We didn’t know who his proxy would be then and we are still not sure – although we could have a pretty good guess.
Place the current SPL and SFA dramas aside for a moment. If a deal is done to allow a Rangers-Newco to apply to play football next season the new ‘owner’ will be a Craig Whyte appointment.
If this unfolds in the days to come, I fully expect the SFA will take a very long time to consider any Fit and Proper questions, and I expect the SPL board will vote 4-1 to allocate a share in the league to the Newco.
Celtic, united with their own fans, and fans of the Gang of 10 clubs stand in one corner. The boards of the Gang of 10 want Rangers-Newco money too much to object. Don’t even count on Newco being subject to the penalties discussed at yesterday’s meeting.
A CQN’er is raising funds for the Wellburn Care Home in Dundee. Run by the Little Sisters of the Poor, Welburn offers incredible residential support for those in need in the Dundee area. It is only a viable concern through the dedication of the sisters and volunteers and fundraising initiatives such as sales of work, coffee mornings etc.
You can support their work by bidding for a Celtic top signed by the first team squad at this eBay auction. Your help is greatly appreciated.
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CFC
ail Hail
4th?
3rd?
5th?
Two things we are waiting for: the Big Tax Case outcome and the SPL “two contracts” inquiry outcome. I think they will arrive in that order – and may help to clarify the overall picture somewhat.
Top 10 . ya beauty – no to read the article
One Law to Bind Them
If there’s not one there already
We can always make one up
Put it into place at once
Delay it for backup
We can make one nice an sugary
Sweet and easy to help it slip
Cover up the nice wee lies
It’s all about friendship
So next time you’re in administration
Want a new law to set you free
Forget about your corruption
We’ll just make a new decree
Congratulations to Ton Che Dan & Lyndsey on the birth of another young hoopy.
Certainly makes the 1st of May more palatable after the loss of our buddy Pablophanque a year ago today. RIP Steve.
SECONDLY – to all those writing emails to SPL. Please also put your communication in writing and post it off. Always good to cc Celtic, CSA , CST etc too.
MWD
My email to Neil Doncaster:
NO ZOMBIE HUNS IN THE SPL.
Best Wishes,
Sandman.
who is bill miller?
if somebody says “towing tycoon” i’ll scream.
i can’t even find a wikipedia profile for him.
all google shows are articles about his bidding for them.
who is he??? and why would he be interested in rangers?
Ten Men Won The League on 1 May, 2012 at 10:42 said:
From Video Celts
Crawford Allan will referee Celtic’s match with St Johnstone tomorrow night with Iain Brines in the middle for Sunday’s trip to Dundee United.
+++++++++++++++++++++++++++++++++++++++++++++++
I predict good old Crawford will have a very easy night of it. Especially since the match is Thursday not Wednesday!
Thumbs up
Hail Hail
Paul67
Sounds like you are resigned then, don’t look too good does it.
The only ones who are going to suffer here are Celtic.
Paul67
So do the Celtic Board have any plans as to what to do next other than to wring their hands, shake their heads and mutter to themselves in a disconsolate fashion?
You’ll appreciate that this matters to some of us rather more than others. It’s make or break.
Thai Tims to start at 7.10pm on thursday
Get along early……….
P67
They are a shambles…and totally without morals.
I firmly believe that the penalties for newco will be reduced to 10 points for 2 years and zero financial penalties.
The quicker UEFA step in, the better
Mr Lawwell needs to speak out and tell us what is happening, even if itt means falling out with the gang of 10….their fans deserve better too
hhplc
Congratulations to Ton Che Dan & Lyndsey on the birth of another young hoopy
Hail hail
Paul67
I still maintain UEFA will not allow rangers/Newco to get away with not paying their football debt.
ASonOfDan on 1 May, 2012 at 12:31 said:
Newco won’t have any debt.
theres no way they should be allowed in the spl div 1 or 2 .
div 3 if they get elected
no zombie huns in the spl
canny believe were even discussing it
shocking
liquidize and die huns
UEFA will be interested in all of this, no mistake. Financial Fair Play is Platini’s baby. And he has talked before about FAs having to put financial fair play above financial gain.
I would be very surprised if UEFA officials, at Platini’s instruction, are not in contact with the SFA regularly right now.
MattE on 1 May, 2012 at 12:30 said:
Thai Tims to start at 7.10pm on thursday
Get along early……….
Thanks mate will be there
Hail Hail
If Newco are voted into the SPL because of the blue pound, surely that does not mean we will sit gladly back and watch. They need to then be denied the green pound by organised boycotts and same match time events at Parkhead to give our money to our club. Away match beam backs?
Reading about the release of players from hearts this summer. Did not realise they had been hit with a transfer embargo as well… :)
jock tamson
Bill Miller ?
Not only is he a tow truck tycoon -he is also a portable toilet tycoon — his biggest earner is a product called Porta Potty
His Business accounts indicate that he likes to work with hard cash. His business record also suggests that he is not terribly keen on paying tax.
Gordon J….,
I’d expect threats of civil unrest are being used to intimidate uefa, no doubt strathclyde polis have made the security argument the biggest priority.
Let’s say the worst happens – Newco gets in, looks like oldco, smells like oldco, all obstacles out of way.
What do we do?
I am conflicted.
If the above happens we will be watching a tainted league, but my Celtic, my beloved Celtic will have to play in it.
Do I walk away? I only damage Celtic if I do but I know that they are being shafted, or rather, continue to be shafted by a corrupt set up.
My heart says stay. The head says go.
It is a sickening scenario. Cheated for years before and if this comes to pass cheated for the rest of our lives.
What position will Newco be in? Financially I can see them being weak for a while. But I can also envisage a share issue on the back of the huge relief their fans feel at still having a club, albeit a new one, to follow follow. and it would be succesful enough to compensate for Ticketus.
For the first time in a while I think our structural advantage may only last for 3 or 4 years. So we will have to make it count.
Hopefully they will employ ally mccoist to assist us in that.
Depressing article. But has to be put out there.
What can we do? What can Celtic PLC do?
Realistically?
ernie lynch
Exactly! You think UEFA will seriously turn a blind eye to that.
pintaguinness on 1 May, 2012 at 12:35 said:
The huns will fill the seats.
And a beam back wouldn’t be allowed.
If a newco is allowed in it’s too late to do anything about it.
Paul67 et al
May Day, May Day, May Day!
I wonder how we and the Gang of 10 will reform..
League of Scotland?
Super League of Scotland?
Premier League of Scotland?
Would be a great option. Cut the whole Phoenix debate out completely
We can but wish!
HH
/Bishop B
Paul67
Everything including the Big Tax Case postponed until Newco safely takes its place in the SPL?
No sanctions if they just hurry up and pull the plug on themselves?
Do they fall on their sword now, or risk it?
Hopefully only days away now.
ASonOfDan on 1 May, 2012 at 12:38 said:
UEFA will get their information from the SFA, not Celtic, and certainly not from Celtic fans.
They won’t intervene.
They will still have the referees to help them.
The status quo will remain.
RobertTressell on 1 May, 2012 at 12:38 said:
I’m the same. What I’d do is boycott away games and non-home cup games, and put any money I would have spent into Celtic merch. Even if it ends up getting donated elsewhere it’s money that other clubs aren’t getting that Celtic are. Punish them, strengthen us.
Reply to my E-Mail from David Ogilvie at the SPL
RobinBhoy
Thanks for your e-mail.
Leeds United, Rotherham, Bournemouth and Luton Town are all clubs which did not agree a CVA with creditors (following them going into administration) and which (in the last few years) were permitted to remain in the League with their League share being transferred to a newco.
This demonstrates that, while a number of clubs have agreed a CVA with creditors, a number have not – but have still been permitted to remain in the Football League nonetheless.
Kind regards
David
This gets worse by the hour….
Please let it not be so.