Whyte’s proxy set to step forward for acceptance by SFA, SPL


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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  1. Auld Neil Lennon heid on



    We have to start trusting that good will prevail somewhere and I would put that trust in Celtic before anywhere else.


    The longer this goes on the more discredited the save Rangers at all cost case becomes.


    A Newco will need a licence to play in the SPL. The granting of one is the job of the SFA. Licenses are NOT transferrable, no wriggle room. The UEFA FFP criteria apply, Newco cannot meet them, an exception case has to be made to UEFA. That case can only have a commercial justification. It is where the commercial rubber hits integrity road. UEFA have choices to make

  2. ernie lynch on

    Sixteen roads to Golgotha on 1 May, 2012 at 14:15 said:


    ”I do not see how Celtic can say or do anything at this moment in time.”




    They could make it clear to the rest of the SPL either in public or in private (which of course they may have done) that Celtic will resign from the SPL if a newco huns is allowed immediate entry.



    That would negate every single argument in favour of the proposal.

  3. TimJim on 1 May, 2012 at 14:23 said:



    Don’t worry so is he. I presume he’s talking of the Bill Miller model. OldCo still exists but NewCo has the infrastructure and license to playe football.



    There’s one major problem with that route. The OldCo still exists for HMRC to serve the Big Tax Bill to. How are OldCo going to pay that if they have no operational income? Answer: they can’t and will be wound up accordingly.



    So while it may be true that a model exists whereby immediate liquidation of OldCo isn’t required, it’s inevitable in the medium/long term.

  4. Does Newco mean “new company” if it’s a new company how can it be the “old company” and how can you have a Newco without liquidation?



    Answers on a postcard to allymccoist!

  5. Neil canamalar Lennon hunskelper extrordinaire on 1 May, 2012 at 14:21 said:



    I figured it out tho’ I got a two year predictive text expert on my knee!!



    The Truth and Scottish football now there’s a shadow boxing champion!

  6. playfusbal4dguilders on

    Apologies if already mentioned or of no consequence.



    Ralph Toppoing stands down from SFA Board







  7. My dear,dear,dear,friend.. Ah Am Neil Lennon






    Ah hiv too much Sense.. NO… TAE GIVE UP!



    The Fix is In.. Don’t Ye realize that?



    CelticFc, Are the Stranger in a Strange Land..





    Yer pal.. who likes ye aloater.

  8. Headtheball on 1 May, 2012 at 13:32 said:


    “Surely everyone should hold off from buying a season ticket until they know what the outcome of all this will be? ”



    I will hold off until there is clarity. I will not pay to watch a league which is biased against clubs which pay taxes and debts. If thems get back in scot free then the spl is condoning and abetting cheating at sport and cheating of taxes.


    I love Celtic but why pay £550 to take my daughter to watch a rigged and dishonest league?

  9. ernie lynch



    There are too many unknowns at the minute. SPL rules allow for (providing a vote of the board) the transfer of shares from one company to another. Celtic can’t simply threaten to resign because the company they are a member of is enforcing its rules.



    If new rules are brought in and Celtic have voted against them and been consistent throughout then, that is the time for action.



    I don’t think now is the time but it is getting close.




  10. It’s frustating that we are looked on as non involved observers as the pro-NewCo Cabal fix the Phoenix.



    But I think Celtic PLC and management, coaching staff, players et al have played this very well, obviously they are all aware. Lenny said if he’d been cheated out of Titles and Trophies he’d have something to say about it. I’m sure he will at the right time.



    So it shoud be for the PLC, Lord Reid hit it on the head when he said he didn’t want to intrude on private grief. We should be fighting hard behind the scenes but leaving our public utterances to the basic & bland.



    I hope the PLC are working on the contingencies and coaches are working on the CL qualifiers.



    The cracks are beginning to show, I believe there is civil war in Scottish Football those who caused it don’t care a damn. I don’t think we’ve heard the last of the Topping tale.

  11. Awe_Naw_No_Annoni_Oan_Anaw_Noo on




    Your Stockholm syndrome symptoms and inability to read today is at fever pitch. You should call a Doctor or a dominatrix.




  12. monteblanco on

    The Onlooker



    Celtic will be involved in a plastic, kiddy on, red necked farce every week.



    You can go watch if you like, I wont.



    It was bad enough having it proven that the past couple of decades have been an outrageous farce where one team has flaunted the rules and won trophies and revenues illegally. Now they have been caught but it matters not a jot, we have to keep turning up to keep them all afloat?



    Aye right, fill yer boots

  13. Not renewing Celtic season tickets and indeed boycotting Celtic matches is only going to harm Celtic.



    A better way to protest would be to boycott all away grounds, cancel all sky/ESPN etc and only spend money on Scottish football that goes direct to Celtic.



    If the smaller clubs in the SPL can’t do without Rangers and the supporters they bring, the same applies to Celtic.




  14. Rangers FC 2013 Line up – Naismith, Naifuture, Naiclass, Naimoney, Naistadium, Naihope, Naitrophies, Naiprospects, Naifans, Naimanager, Naiplayers.

  15. Ah see. Wan Suggestion..



    “Celticfc should Threaten Tae Resign”



    Wid that be wan of They..”Hollow Threats”


    that ye hear Aboot,then??



    Fur, if CelticFc, Did ,indeed Resign..



    Then Whit???






    Ah am afraid.. that the Thret tae Resign from the League, by





    Must come under the Designation



    of Being









    Still, Laughin’

  16. Sixteen roads to Golgotha on

    ernie lynch on 1 May, 2012 at 14:26 said:



    Resign? Are you out of your mind? One Belfast Celtic is enough thank you very much.

  17. thomthethim on

    My main hope is that when the dirty deal is done,is that we have the calibre of person on the Board who hasn’t got to where they are today by allowing themselves to be dumped on.



    I don’t think that DD or Denis O’Brien will just roll over.



    I would suggest that very few, if any, of our shareholders have invested for financial reasons.



    Threatening to resign from the SPL is not the same as resigning from the SFA.



    In 1968, Bob Kelly challenged EUFA over allowing Soviet Bloc countries to compete, after the invasion of Czechoslovakia.Us or them.



    He risked Celtic being expelled

  18. I suggest that we wait and see just what does happen, there is no point going on with this debate as things stand at the moment.


    I say we wait until it is clear just what we are facing, and who the real enemy is!



  19. tomthelennytim on

    RobinBhoy on 1 May, 2012 at 14:23 said:


    Speaking purely from a personal point of view I won’t be taking any action in order to “punish” Celtic (although I realise that by not buying a season ticket they will suffer to some extent) – if I decide not to renew it is because the whole system within Scottish Football will have been changed to accommodate the cheating, corrupt and shameless entity that is Hunsfc and that by not doing EVERYTHING within their power to stop it then Celtic have rolled over.


    You’d have to ask whether it is worthwhile watching it at all.


    As I said earlier, I live in hope though.

  20. Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha



    You class me as a Hun.



    Ha Ha Ha Ha Ha Ha Ha Ha Ha Ha.

  21. Listen all this talk of not renewing season tickets until we know whats happening about the debt dodgers. I Dont give 2 hoots about them im renewing my tkt.for god sake we are celtic supporters thats all that matters to me .forget about rangers mind ourselfs thts all that matters to this celtic man and thats the bottom line.

  22. monteblanco



    Turning up at Celtic games only gives Celtic money. Don’t go to away games especially Ibrox as this will cut down all these teams revenues.



    Celtic winning the league and associated CL monies will keep us stronger than any other side and Rangers (in whatever guise they may end up) will not be able to cheat anymore and will become no threat at all.




  23. hen1rik on 1 May, 2012 at 14:36 said:



    I’ll ask again. What action have you or are you taking? People need to know what the best plan is.

  24. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    We wait until one week before the season starts and then we sue





    The SFA


    The ECA


    The SPL



    We are all together thrown out of EUROPE



    Scotland does not have a national team.



    We keep the courts busy until we find a way out to another franchise while bleeding them dry.




  25. Headtheball on

    I wouldn’t dream of advising anyone not to renew their season ticket. I’m just saying that, personally, I would like to know what I was buying into before parting with my cash.


    As for deadlines for buying….what do deadlines mean in Scotland anyway?

  26. Let’s just for a moment assume that Bill Miller succeeds, that all of the legal, structural and financial impediments are removed and a Newco plays in the SPL next season. He then has a debt free club in the SPL for which he has paid £11M or so.



    If he decides to sell up immediately, how much could he reasonably expect to make?

  27. My dear,dear,dear,friend.. Kev



    Yep. . Ye are wan guy, oan here



    Besides,, Me..of Course!!



    Who is willing tae Face Facts.



    “Celticfc , is a Stranger in a Strange Land”



    An.. Interloper..Harsh?



    But.. so, so, True!



    So. If we wish tae continue tae Exist, then we must


    make allowances…



    If ye Dinnae wish tae Exist,any Mair..



    then, We Should.. NOT mak Allowances..




    Ah.. Fur , wan…


    Am Content tae Exist.





    Yer pal.. who likes the wey ye think.



    Still, Laughin’

  28. The Onlooker on



    Have you been ignoring the eviodence, of our entire history, that we were not playing on a level field?


    Only difference now is that there is no longer any pretence.


    I don’t do walking away.



    The Onlooker

  29. Awe_Naw_No_Annoni_Oan_Anaw_Noo on




    Pretence ?



    Who is pretending if we meekly accept this.



    I think Celtic PLC.




  30. Neil canamalar Lennon hunskelper extrordinaire on

    Loving the I’ve got money to burn brigade telling everyone paying for a rigged product is in any way morally right.


    Regardless of the clubs position, no one has the right to question ethical people’s choices.

  31. jude2005 is Neil Lennon \o/ on

    I T alert



    Whats the best way to Defrag my Laptop?? Keep it simples please!! lol

  32. Steinreignedsupreme on

    ernie lynch on 1 May, 2012 at 12:30:



    “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.”



    Maybe you could organize a protest of some sort to get your message out there.