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Celtic Diary Wednesday June 10 : Peter Says No

 With Celtic now having decided to enrol Bob Geldof as the face of this summers financial drive,
Celtic Diary Monday July 3: You Can Have Him Now, Or Wait For ...
 and as ever, the support being asked to dig deep into finite resources to keep the lights on during the current period of uncertainty, one wonders if the board, or perhaps the wealthier shareholders, could be persuaded to take a bit of a hit themselves.
 After all, if supporters are asked to pay disproportionate sums for a product they aren’t actually going to get, surely it’s only fair that those who have made money from the club do their bit as well ?
 Some people have an emotional investment in Celtic , as well as a financial one, but at the top of the tree, emotion doesn;t come into it for some, and they have made a few quid down the years from their investment.
 What follows are a series of emails between a supporter/shareholder and John Paul Taylor, who is blameless in all of this, and it has to be emphasised that he does a fantastic job and is above criticism for any and all of what you are about to realise.
 Which merely concludes what the diary said yesterday, Celtic are a club just like any other…..
1) Sent to JPT, Celtic SLO, on 04/May 2020.
Hello Mr Taylor,
I sent 2 emails to celticview@celticfc.co.uk”, as this was listed to contact Celtic SLO, on 24/25
April. I’ve had no response. 
I’ve since spoken to someone who gave me the address to which this is being sent. 
The 2nd, and main email, is below and with a self-explanatory attachment. 
Please would you forward the attachment, if this has not already been done, and advise accordingly.
Thanks and regards,
***Name and address redacted***
Attachment:
For the attention of Peter Lawwell and Dermot Desmond
Celtic PLC Dividends/A Club Like No Other/Covid 19
  In light of current affairs, specifically the Global effects of Covid 19, I, as a life-long Celtic supporter and Celtic PLC Shareholder would like to offer a suggestion which I hope you will fully consider. 
  As well as being tremendously helpful for the club it has incredible Public Relations potential globally. A real force for good which could pay long-term ‘dividends’ and in which we could be seen to lead the world of football in this time of desperate need, which is set to get worse. 
  I suggest that NO DIVIDENDS shall be payable to ANY party during this year. This will help the club’s balance sheet. 
 Furthermore I request and suggest that, in fact, there should be an optional negative dividend applied this year, i.e. that shareholders whom have benefitted over the years shall return something to our Club to be used specifically for charitable purposes for those whom will be hardest hit and least able to look after themselves amongst our supporters. 
“We’re all in this together” according to our Government, hence that approach has to be SEEN to be done by “all”. For the avoidance of doubt, “all” in this context is more pointed towards the richest in our unequal society but does not overlook the generally rich nor the better-off-than-most types we have.
 We’re ALL in this together, aren’t we? Or is that more of Johnson’s bluster?
I’m retired and live on the State Pension supplemented by a small personal pension but I’m happy to ‘kick this off’ with a personal pledge of £25. All of our shareholders could be invited to do something similar if they can afford to. This action, in terms of Global PR, would be noted and hopefully emulated by other football clubs throughout the world but they’ll remember where it all began, as will all the potential beneficiaries and the wider public too.
We may even attract more supporters globally but we’ll definitely be able to say we truly are A Club Like No Other with pride
and proof. 
It remains to be proven from whence the Covid 19 emerged, except to say the centre of Wuhan seems agreed by all. Whether that is finally proven to be the Level 4 laboratory or the ‘wet’ market may take a lot more time and investigation. One hopes that one day “the truth will out”.
Meantime at Celtic PLC I revert to my opening comments. Open and honest publishing of the cancellation of dividends, the effect of the ‘pay-back’ by way of negative dividends and the invitation to all our shareholders to participate will go a long way to enforcing our supporters’ view, and our marketing department’s joyful use of the term “A Club Like No Other”.
I’m sure our players would like to be involved here too.   
  Please give this suggestion serious consideration regarding both the good it would do and the PR potential and please advise me of your conclusions.
Thank you.
With hope and kind regards,
***Name and address redacted***
 That seems a fair enough request, there would be massive praise and respect if the major shareholders put something back….
   2) JPT’s reply of same date:
Hi *******(redacted)
Thank you for your email, I will of course pass this on as requested.
This is the rst email I’ve received from you so my apologies that you’ve not had any prior acknowledgement.
Best regards and keep well.
JP”
3) My email of 2nd June:
Dear Mr Taylor, you may recall I wrote to you (email) over a month ago (24th April)  but I believe you only received it when I changed from sending to “celticview” to “jptaylor”. 
Anyway, much as I thank you for YOUR reply (initially 4th May) I’ve yet to receive ANY response from either of the 2 intended recipients, Peter Lawwell and Dermot Desmond. 
In this regard, if I may, can I ask you to you confirm that you forwarded my email to both of these men? 
I’m minded to write to Mr Desmond directly but I feel it’s a matter for consideration by both. 
Please advise if any headway has been made. 
If we want to behave as “A Club Like No Other” we need to evidence that consistently. 
Thanks again for your earlier replies and keep well; this (Covid-19) is far from over, regardless of what politicians and their ilk may infer. 
********(redacted)
(contact details provided on earlier emails re this subject)
4) Reply from JPT same day:
” Hi ***** (redacted)
Thanks for your follow up, your note was passed to the Finance Director so I’ve just chased him up on it.
I’ll be in touch as soon as I have a response.
Best regards and keep well.
JP
5) My email, still 2nd June:
“That’s really good of you to respond so quickly John, but my request to pass it to PTL and DFD was for a reason.
It could NOT go anywhere without their agreement hence putting it via a (junior) 3rd party would at best delay and at worst be lost.
I trust you understand from my wording that this is important to me and many other world-wide Supporters of our Classic Club.
So, I ask again, please introduce this to the initial, intended recipients and ask for a response at their earliest convenience explaining that a month has elapsed already in this regard. 
I’m okay with going direct but I felt it was proper to go via your good self.
Thanks for all that you do.” 

6) JPT’s reply still 2nd June:
” Hi ***** (redacted)

 

That’s no problem at all, just to offer some clarity, the FD is a very senior position at the Club and converses daily with the CEO who equally is in regular contact with Mr Desmond. 

Please be assured that your request has been discussed and I’m fairly certain that both men have been made aware of the request. 

As I’m sure you appreciate there is a lot going on at the Club right now and with only few staff not on furlough, things are taking a bit longer than they would normally. 

I hope this helps offer some context and clarity.
Best regards
JP”

 

7) My email of (still 2nd June):
John Paul, I really do appreciate and am extremely grateful for your efforts. 

I hope our leaders see value in this promotional idea of The Celtic Way (Brand). 

To offer genuine aid to those most needy whilst amplifying “A Club Like No Other”, I just see winners all round. 

Thanks again for your incredibly rapid response to any query I’ve raised.

Thanks again,
***** (redacted)
8) JPT’s reply: 3rd June:
” Hi ***** (redacted)

Just as a follow up to your initial note now have a response for you, I hope this helps clarify:

Dear …………

Thank you for your email along with your constructive and selfless suggestion. The club and Celtic FC Foundation very much shares your ethos and outlook and you may have seen some of the great work the Celtic FC Foundation has been doing to alleviate the challenges imposed upon some of the most vulnerable in society as described in the article below: 

http://www.celticfc.net/news/17932 

 

As you may be aware the preference share dividends paid each year are payments that we are obliged to make in line with the terms of the preference share instrument. As a result the club does not have the latitude to decide whether to make this payment to the shareholders or not, as it is a contractual obligation and payment that we must adhere it. It is always open to the beneficiaries of these payments to donate them back to any charitable cause and the club would always support such a gesture.

Thank you again for taking the time to write and I wish you all the best in these challenging times.   

 

 

John Paul Taylor

 

Thats a no, then.

 

And ask for the look at what we do with the Celtic foundation, it’s worth noting that is mostly supporters money.

 

You’ll note that there isn’t even a compromise suggestion that they will ask major players to return the dividends as a donation to the Foundation, or to the club, which would suit everyone.

 

Hiding behind the rules never sits well with me, and all they have to do really is ask thise who benefit to consider , well, nit benefitting until all of this is over.

 

To make supporters pay for a product thats not there is fundamentally wrong, and whilst each one will respond after taking into account their own circumstances, to do this behind the veiled threat of missing the ten in a row season is kind of unsettling, as it places our club firmly in the same camp as any other club, which is not why we support them.

 

 

The disappointed sharheolder/supporter wrapped up the discussion with a final email…..

9) My response 5th June:
” Dear John Paul,
Thank you for your response and the way in which YOU have handled my enquiry. 

I’ve got to say I’m very disappointed that our leaders didn’t take this initiative on board. It could have made a Global statement about our club and its leaders and shareholders and helped a large number of individuals who’ll find themselves in dire straits. 

I understand how preference shares work; my suggestion was to get THOSE shareholders to put something back. 

I’d also suggested the club could encourage others, like myself, to help those in need in this specific way. 

I’m also fully aware of the Celtic Foundation and the good work it does. But again, my suggestion was intended to be IN ADDITION to it at this unprecedented juncture. 

So, in a nutshell, I’m grateful for YOUR assistance but find the overall response somewhat weak and hugely disappointing. 

I may propose this to other football clubs and see how they feel but I really wanted Celtic to lead what could have conceivably grown into a mammoth effort from the football world for the betterment of, potentially, millions of lives. 

Thanks and regards to you and yours, and don’t let your guard down against this pandemic.
***** (redacted) 

 

And as a summation, he adds….

For the record I’d like to say that JPT (Celtic FC SLO) was absolutely terrific with his responses and seems to genuinely understand where I was coming from.

 I also understand that Celtic FC will get quite a few suggestions from our supporters.

 However, I still feel that Mr Desmond and Mr Lawwell could offer something by way of a sacrifice from THEM for a change instead of grasping everything they can from our wonderful supporters, and also to invite world-wide shareholders to help, if they are able, too. I’m a bit down about this, but not OUT.

 

The supporter had a great idea, and had it been taken on board by the board, even by merely suggesting that major shareholders put something back, the image of a club like no other would have been strengthened, we would have had a genuine case to state that we were all in it together, but sadly, Celtic today isn’t the Celtic of old, and we have become more of a business than a club, which is okay to an extent, but we really need those in charge to be of the same mindset of thise who support, and until that happens, we have no moral right to claim we are a club like no other.

 

 

In other news, another CEO who has a lot more passion about his club, albeit mostly misdirected, is about to be cited on diesrepute charges.

 

Which should keep us entertained for a few days.

 

But not as entertained as this new outlook from a club steeped in bigotry…..you’ve got to hand it to the guy who took this job on….

 

 

ChacePR
@ChacePR
ChacePR is proud to project-manage Rangers Football Club’s Everyone Anyone diversity and inclusion campaign. Supporter Richard MacDonald, who is part of the initiative, has released the following statement about his attendance at a Black Lives Matter event at the weekend.  
Image
Seems like they’re making sure that they are in tune with at least one of the requirements of obtaining a UEFA licence, to actively discourage racism, and hoping no one notices the financial failings that they hope to blame on Covid.
 Bizarrely, he then claims that his speech at a Black Lives Matter demo was him talking through his personal hat, and not his “rangers” hat, though we can be sure he is talking through his hat, as they say….
“I attended and spoke at Sunday’s Black Lives Matter demonstration at Glasgow Green in a personal capacity on behalf of my mixed race family and not as a representative or spokesman for Rangers Football Club. 
“In response to an interjection from the crowd which referenced Rangers FC, I responded with a phrase which with hindsight, I would have reacted to differently. 
Oh ho…looks like he’s already made an arse of it…. in the eyes of the less tolerant bears…
“I should have said ‘society has to change’ and we can all do better and given recent events in America, I am sure any fair-minded individual would agree. 
“I know some fellow supporters believed I was being critical of Rangers. Again, that was not my intention and I was actually trying to communicate my support of the club’s highly positive EA campaign. 
“Rangers is a club for everyone and anyone and totally opposed to all forms of discrimination. “I am honoured to play a role in a campaign that promotes such lofty principles of tolerance, inclusion and togetherness. 
“I trust this statement clarifies my position and puts an end to the matter.” Richard MacDonald Tuesday June 9, 2020
 so, what happened…?
From the Sun…

RANGERS’ anti-racism campaigner told the Black Lives Matter demonstration in Glasgow that the club “needs to change”.

 They did….in 2012…
Oh, sorry, I got the wrong end of the stick there, please, carry on…. what did he say ?

 “I was born in 1968 and right now I Can’t Breathe.

“I can’t breathe with emotion here today to see so much support, it’s unbelievable.

“Rangers as an institution has to change and I’m there to help it change.”

 Actually, he meant “society “, or at least thats what the club/company have told him to say.
 Thats because the club/company would like society to change, to change back to the one where white protestant superiority holds sway, and catholics and Irish should be seen and not heard.
 Actually, not seen and not heard.
 It’s all a bit tricky for some in Scotland.
 One the one hand defiantly calling out prejiducial behaviour against blacks whilst ignoring the hatred shown routinely to Irish.
 We still have a long way to go, and you have to hand it to the Richard Macdonald, he really has got his work cut out.
 If he were to call out the Ibrox board and stand by what he said, there’s a new statue and street name up for grabs, as he truly would be a visionary.
 Although if he did that, he might also get an idea how things were in Alabama for those who were seen as outsiders a hundred years or so ago.
 Good luck and best wishes to him.
It’s a hell of a job he’s taken on.
And I’m still astonished that Celtic want to perpetuate the Old Firm brand, even if they see us as the good guys in this “battle “.
Why do we want to be associated with that club, and why do we actively support their deeply entrenched bigotry, as well as theiur more recent behaviour of cheating and lying ?
 We hear they’re having a bit of trouble with their new kit people….as this “genuine ” extract shows….
Image
 Meanwhile, some time ago the Diary mentioned a somewhat outlandish tale about a Scottish football club/company stealing water from a nearby church, a story so bizarre it could not have been ignored, even of only for comedic purposes.
Apparently, the club/company, which is not as solvent as others, had come up with a way of saving money on their water bills by not having any, and had sourced free water by siphoning off that of the church.
Not holy water, of course, as that would have seen their premises disappear in a violent burst of steam.
Anyway, the story was dismissed out of ahnd as being the product of a fertile and quite probably drunk imagination.
 However, with talk of a new development roughly where the re routed pipes would have been. are moves underway to give the church it’s water back ?
Image
 All very silly, and there is no suggestion that any club/company would not pay their bills as they became due….
Stan Laurel Oliver Hardy laughing on Make a GIF
 The last caption competition was on Saturday…..
Image
Sancheto

Caption – breaking news ……… “Gers” battle bus stopped in tracks before season starts.  

 

 

 

Today….

 

 

Image

 

 

 

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Warriorthruandthru
3 years ago

Aye Doogie. Sevco want to sign me cos they heard “I can do herring down the wing.”

3 years ago

Caption: Hamish you take the high road and I’ll take the low road. Hamish to Jock, I think their might be a song in that someday jock you should write that down.

3 years ago

Caption: Whit you got in your basket Ach just some hand sanitizer never know when you will need it whit about you white in her bag
Ach some toilet rolls the same.

alzyerpal
3 years ago

In 1901 Fergus McDuff, a missionary for the ‘United Church of Scotland’ (Wee Frees), returned from an expedition to the ‘Dark Continent’, bearing the boiled heads of Congolese pygmy babies, whose parents had become Jesuits the previous year.

Tamthetim
3 years ago

Ralph, I put a comment on an article in the Guardian related to the BLM protests, but in the context of the experiences here in Scotland of the Irish. It was a very reasonable comment but then it started. I was called a bigot by one punter and then others weighed in. My comment was eventually removed by the moderator. I never mentioned sevco or Protestants, just the term loyalists. Ffs, I’ll have to stop using tamthetim.

TicToc
3 years ago
Reply to  Tamthetim

Tam, you should, er, ‘follow’ this up and get a comment from their moderator and then complain. Those scum are past-masters (as well as other masters) of playing the innocent when demonstrably guilty. We need to show them up for what they REALLY are.
Don’t give up on it. Good Mhan.
PS the scum probably refer to the ‘hour’ rather than the ‘Time’, that’s how bad they truly are. 🙂 Don’t change your moniker for that shower!

Puggy67
3 years ago

Caption: Lachlan musters his courage and asks the best looking girl in North Uist for a date.

Luke Warmwater
3 years ago

Recently discovered evidence of Bill Struth buying the actual basket of assets, in exchange for a ballbag.

Puggy67
3 years ago

Caption: Yes Murdo quite why Celtic’s Financial Director would want fans’ emails printed up and delivered by hand to the Board by a one man delivery company on Benbecula beats me too!

Whitearra
3 years ago

Caption : Grandfather Lawwell ‘It’s more bullshit for the next AGM’.

Grandfather Bankier ‘Same here’.

Mike
3 years ago

Remember when Ally McCoist starred in the film “A Shot At Glory” alongside Robert Duvall, playing a legendary Celtic player. 😉
He continued taking his hefty salary while on gardening leave, the Celtic supporters called him Super Salary.
Well if the cap fits- Dermots Divvy.

Mike
3 years ago
Reply to  Mike

Celtic supporters, “putting the cash into Dermots moustache”.

Hello Hamish, are you gagging for Guga?

Stevie D
3 years ago
Reply to  Mike

At some point during the filming of this movie “classic” Robert Duvall got tapped for a tenner in Possil. True. He was with Chic Charnley at the time in a close in Panmure Street.

TonyDtic
3 years ago

Caption – Castore brothers head north with the first consignment of new kit straight from the lean to.

charlie
3 years ago

caption pilla fights afore pillas ye can tell the wan wae the baskets a cheatin hun barsteward

pilsbury dough bhoy
3 years ago

See this film-themed fancy dress party in the big croft the nicht? Ah’m goin as the Wicker Man. Whit about you?
Bring Me The Head of Alfredo Morelos.

3 years ago

“Celtic today isn’t the Celtic of old, and we have become more of a business than a club”,Ralph I think we are all starry eyed with this process of thought. Our History books show Celtic have always been a business, ask Hibs, Brother Walfraid wanted us to be different,but even he couldn’t stop the business men, like John Glass etc from taking control and making sure money was made from the brand that is Celtic.
This season ticket shambles is a disgrace. If you have 4 members in your household then you will get 4 log in numbers. The first question is why. Those 3 extras will then give those log ins to other family members and friends and so on and so forth. The whole system looks flawed.
Season tickets should have been put on hold until such times as All season ticket holders can rightfully take their place inside the stadium. Everyone wants to be there for the winning match that gives us 10 in a row. I’m sure we will safely return in time for this.
Once again Peter has acted as an accountant not as a Celtic man.
He really should have thought outside the box on this one he has failed the club and our supporters and it needs revisited quickly.

Mike
3 years ago
Reply to  jimmybee

The 1891 AGM. is regarded as the first battle for the soul of the club, between charitable and the business side. That debate continues until today ^. Dr. John Conway was a whole hearted advocate of Celtic’s charitable beginnings and for it to remain so. Most of the founding fathers were involved in business. Dr. Conway wanted it to remain so.
But, the original proposer of the paid officials can be identified not as John Brown, but none other than Brother Walfrid.
“The Celtic Graves Society”.
The club had been losing money, so it is obvious to me that Brother Walfrid realised that for it to continue that it had to endorse business to provide money to keep the club and the charitable ethos going.

Mike
3 years ago
Reply to  Mike

Its also obvious to me that when Fergus turned the club from a “Private Ltd. Co.” into a plc. That he wanted the shares divided amongst the support, not for it to become what it is. He wanted the support to have a say in the running of the club…

Damian Smyth
3 years ago
Reply to  Mike

If Fergus wanted Shares owned by fans in such a way that the fans would have a meaningful say in the running of Celtic, why did he seek out D Desmond and ask him to buy his shares . Fergus said he knew he could trust DD to do what was right for the club .

Mike
3 years ago
Reply to  Damian Smyth

It was always his intention to sell his shares (51%) mainly to the support if he could and not to financial companies. That is why he offered them interest free and did not sell them to Jim Kerr and Kenny Dalgleish who wanted to takeover the running of the club. When he left the small shareholders (5300) off, combined, owned 63%. of the shareholding, by far the biggest overall shareholding. D.D. originally bought 13.8% and then topped them up to 19.8%. Making him the biggest single shareholder. He was glad that the support had bought into Celtic and thought that it was possible for them to have a say on the running of the club.

Cartvale88
3 years ago

Caption

Have u no heard, the Rankers are coming, oor jobs are no save!

Alan Ryan
3 years ago

I didn’t know they were doing Stright-Jackets in their new Summer Range Jock ?

mattybhoy
3 years ago

am telling you john rangers football club will die in the year 2012

Humpty Numpty
3 years ago
Reply to  mattybhoy

CAPTION.
A soldier boy to the war has gone.
In the ranks of death you will find him.
With his white cotton shirt buttoned up to his throat.
And his turf creel swung behind him.

dubcelt
3 years ago

the cancellation of dividends idea is a nice thought but is not practical. as PL says the payment of dividends on preference shares is contractually bound. furthermore the preference shares are held by many large institutions on who we rely for finance (and who in turn have a fiduciary duty to their own shareholders). putting additional pressure on these to relinquish their dividends is not conducive to future fund-raising particularly at a time of great uncertainty when we may very well need to tap the markets for additional funding.
something that regularly goes unnoticed and which PL could have made clear is that NO dividend is paid or has EVER been paid on the ordinary shares i.e. the ones which DD holds c.30% of along with other large investors. this is always overlooked including in the reference above to “those who have made money out of the club over the years”. DD takes nothing out of the club and PL and the board do not recommend a dividend payment on the ordinary shares regardless of the profit that the club makes in a year. DD and holders of these shares are already leaving profits within the club every year that these dividends are not paid.
i fully agree with the points made around the season ticket – we could in theory be paying full price to watch 18 matches on tv (or not even on tv, online so we can’t even record a match that we might not be able to make) over the season – but i think its important that the above is noted which it rarely is.

3 years ago
Reply to  dubcelt

There are 15,797,924 Preference Shares and the fixed dividend is 6% so the ‘nominal’ pay-out is just under £1m.

I and, I assume, most shareholder supporters don’t take the money and instead get additional shares (DRIP scheme), which is effectively no cost to the club/company/shower of barstewards (delete as per personal preference).

Desmond has over 5m Pref Shares, so his dividend is over £300k. He was asked to take part in the DRIP but refused.

This is something that he and others could do that would cost the club nothing and would get over the spurious legal argument.

Personally, I’m not sure that this is that big an issue, as its only just over 1% of our costs and probably about a 1% return on Desmond’s shares worth.

We don’t rely on large institutions for finance. If they buy shares the money goes to the seller not the club and similarly if they sell the money comes from the buyer not the club.

No one buys shares in Celtic for dividends, as there’s been none on Ordinary shares in 25 years and the Pref one is, er, pretty ordinary.

Details of share ownership:

celticfc .net/pages/corporate_sharecapital

dubcelt
3 years ago
Reply to  The Cha

DRIP or cash dividend makes no real difference. the DRIP just defers the payment (more shares at same dividend rate). while it may assist cashflow the total liability to the club is the same.

the reference to financial institutions support was with regard to share capital issuance not secondary market trading. excluding DD’s holding there is almost 20% of shares held through a BNYM nominee account much of which will be financial institutions, trusts and funds. there are also likely smaller direct and nominee holdings.

i agree in the overall scheme of costs this is pretty irrelevant. i just feel it is often overlooked when PL and DD are routinely criticised about taking money out of the club and running the club at a profit for its owners that it is ignored that the ordinary shares never have paid a dividend regardless of profit. in fact whether the club is profitable or not is almost irrelevant to DD (ignoring share rice appreciation) as all he gets is his fixed pref share dividend.

TicToc
3 years ago
Reply to  The Cha

^Interesting stuff. There’s an item in the Celtic plc Interim Report Dec. 2019 which says: “Debt element of Convertible Cumulative Preference Shares” £4.174 million. Now I must admit accounts are not my thing and I may have misunderstood this but IF that £4.174 million is to cover dividends on Preference Shares and as Cha correctly states (I think) there’s around £1 million needed to cover the 6% ones, where does the rest of it go? The other £3.174 million? Is it to cover the other (around 13 million)type of Preference Shares?
HELP!! Can someone please clarify this.
Thanks. HH
PS, the last thing we need is a ‘civil war’ here but we should ALL know the Truth about all things Celtic and Res 12 must be kept front and central until we get a proper conclusion. For that I thank those guys who have worked so hard; we should ALL back them and get the Truth out there.

3 years ago
Reply to  TicToc

The short answer is I don’t know and can’t get the figures to add up but here’s my tuppence worth.

The Preference Shares (CCP) of which there are just under 16m have a fixed dividend of 6% and are non-voting unlike Ordinary Shares.

The other big difference is that in the event of an insolvency they are a creditor unlike the Ordinary ones that would be worthless.

By my reckoning the debt for these would be £9.5m, which obviously doesn’t tie-in with the £4m mentioned in the Accounts.

Perhaps its an accounting mechanism, whereby the full amount is spread over a number of periods.

These are the only shares that are a debt and the Convertible Preferred Ordinary Shares (CPO) are probably ex-Preference Shares that were converted to Ordinary Shares.

Damian Smyth
3 years ago
Reply to  The Cha

If DD & PL have any balls , they won’t be pushed into doing anything to humour a number of supporters . I would have little doubt that both men can look in the mirror at any time & be content that the person they see gives sufficient to charity so that they can sleep at night. They won’t be forced into doing what they don’t want to do

TicToc
3 years ago
Reply to  Damian Smyth

DS, Thanks for adding the grand sum of NOTHING to this thread, but just trying to protect those you adore and no doubt aspire to be, if indeed you’re not already one of them. Knobhead.

Damian Smyth
3 years ago
Reply to  dubcelt

I am certainly no supporter of individual members of our Board , however I think they deserve some respect & privacy. D D & PL can do what they want with dividends. They can give £100, £1,000 or £1m or more.
If they donate publicly some fans will find fault , deride the amount & ridicule them for not doing every yr . In fact they are on a lose lose situation.

3 years ago
Reply to  Damian Smyth

It’s good to see you’re “no supporter of individual members of our Board” 😉

R.St.Parsley
3 years ago

Wake up Sevvies I think I have something to say to you
You’ve got no money and you can’t blame that on ‘Cafflick’ schools
You know it keeps us amused
To see your thickness being abused
Oh Sevvies we couldn’t have laughed any more
You gave every crook a home
If he didn’t like the Pope of Rome
They stole your cash and left you in the dirt.

The moaning hun when he shows his face is always in a rage
But that don’t worry me none in my eyes you’re all deranged
We laughed at huns as a joke
The hunettes gave us all the boak
Oh Sevvies we couldn’t have laughed any more
They made first class fools out of you
But you were thick and gullible too
They stole your cash you couldn’t see sense if you tried.

All you needed was a friend to lend a thousand grand
But you chose to ask a conman and brother what a conman
He cleaned you out
All he did was pish the bed
Run up bills and leave you in the red
Oh Sevvies he couldn’t have lied any more
He made first class fools out of you
But you were thick and gullible too
He stole your cash but you loved him anyway.

I suppose that you will just go bust and do it all again
Say you’re ‘stull Raynjurz’ and get the BBC to back your claim
Round up all your media fans
To give a helping hand
Oh Sevvies I wish we’d never seen your face
With your cheating and bigotry
You’re a disgrace to humanity
Rancid huns are a pain we can do without.

3 years ago
Reply to  R.St.Parsley

Brilliant

Stevie D
3 years ago
Reply to  R.St.Parsley

Genius!

Christina
3 years ago
Reply to  R.St.Parsley

Arsene you never cease to stun me with your genius! As always I bow to your talent- brilliant my friend! Hope you and yours are well – stay safe!
Much love, Christina x

TicToc
3 years ago
Reply to  R.St.Parsley

RSP, to say that’s your best would be one helluva statement given all your past stuff, but, that’s your best! 🙂
HH

TicToc
3 years ago
Reply to  TicToc

PS to above, from memory, your version of Waltzing Matilda (A skelly chairman?) is jointly best with this fine effort. 🙂
HH

Kevinjames
3 years ago

Hello Charlie, is that the basket of assets you were oan aboot?

Schrodinger's Cat
3 years ago

As part of the “…and trust that we will deliver additional value to you throughout the season”, Dermot and Peter prepare to personally deliver a Match Programme and a pie to the Investor Season Ticket Holders.

Man in Denial
3 years ago

caption

2012 Operation Sevco – Keep the Big Hoose open gets underway:

Right Wullie you’ve got the loving cup hidden in your basket (of assets) and I’ve got the title deeds to get to John Brown…………

SteveNaive
3 years ago

R.St.Parsley…genius !

R.St.Parsley
3 years ago
Reply to  SteveNaive

Thanks – maybe Rod could sing it next time he’s at Paradise

TicToc
3 years ago
Reply to  Ralph Malph

If he can’t do it, I could maybe fill in, but only on the specified dates below which are going, er, em, incredibly quickly. 12th June to 31st December 2020. I also have a few dates for 2021….. 🙂

Arsene Parcelie
3 years ago

Caption:
The single remaining St Kilda RFC supporter tells his wife and mother that they’re still the same club.

puggy67
3 years ago

Caption: Now chust let me go over that again, I paid you for potatoes, the wife and the boy paid you for potatoes but because of this virus we can’t get at the potatoes, so you want to keep all of our money and send us pictures of the potatoes?

Mike
3 years ago

David Murray The rope-a-dope King. Verses.
Fergus McCann The man with a plan.
Murray, backed by the Edinburgh Establishment (apron wearing) sshh Rebel. Bought/ (Borrowed) *Rangers for £6.00 mill. included in that money he borrowed, he got a first class stadium and a reasonable player pool and manager, as well as the moon howlers willing to forgo everything for the football equivalent of world domination, well Europe. He borrowed and borrowed until he bankrupted his club, his company, as well as his morals.
Fergus McCann- He bought the club for £9.00m, a crumbling stadium that he rebuilt at a cost of £40.00m. Got rid of the praying mantises of the old board and he gave us back all our pride in our club. “Bhoys against Bigotry” was his idea, he was on record as saying “He did not want an individual or company to take over the club. He wanted the Celtic season ticket supporters to buy into the club. That is why he rejected the Jim Kerr (simple minds) and Kenny Dalgleish takeover. The club has come a long way since 1994 when it was in “Dire Straights” (Mark Knopfler). He put up for sale his 51% stake in the club and donated £1.5m to help build a Celtic Academy. Since its beginnings history explains that Celtic have always been (except for the 80-90s the most successful club in Scotland, fact. We look forward to that continuing…

Rob O'Keeffe
3 years ago

Caption: Conor McGregor telling anyone who’ll listen that he’s retiring,again….

Rob O'Keeffe
3 years ago

Simple solution for the ST situation.Celtic will lose a large amount of matchday income with no fans being present for quite a while.Those adults who sign up for a VST this season are given a cast iron guarantee that the following (sorry) season,they will pay £200 less for their RealST with Champions League money hopefully taking up the slack,as it seems Celtic will have less qualifying matches to navigate through…..

3 years ago

LEAVE THE SHARES FOR THE SHAREHOLDERS DINNA TAKE EM A WA’ YI BUNCHA FEKEN EEJITS

Salad queen
3 years ago
Reply to  thedeesk

I see the green brigade are changing street names in Glasgow.
What would have happened if George Lloyd was white?

BroxburnBhoy
3 years ago
Reply to  Salad queen

He’d be alive and well today and treated with the respect every human deserves

TicToc
3 years ago
Reply to  BroxburnBhoy

Good shout, BB.
Keep well….and well away from those ^tossers!
HH

Frank McGaaaarvey
3 years ago
Reply to  Salad queen

Very respectful of you. Can’t even get his name right.

Salad queen
3 years ago

I see you must be in the same opinion that magdalene is black.

Frank McGaaaarvey
3 years ago
Reply to  Salad queen

Assume what you want. You seem to be good at that.

Puggy67
3 years ago

Good to see Paul Elliott speaking out and being on English FA, classy player and intelligent bloke. Sat behind two hotel maids when he played for us going on about how he kept his shoes in little bags hanging in the wardrobe

3 years ago

Uch Angus i love your new castore sportswear suit,
AYE shug ,and your new castore straight jacket goes with your mygers loyalty points

Monti
3 years ago
Reply to  Andrew Coyle

Anyone got a spare room?

TicToc
3 years ago
Reply to  Monti

Naw but ah’ve a spare tyre! 🙂

Uibh fhaili
3 years ago

Naw fuck it billy i enjoy this more than the face painting job I had

Tyrone9
3 years ago

CAPTION
Defoe and Davis after training, (with the laundry )discuss tactics to stop 55 In A Row…..

R.St.Parsley
3 years ago
Green Homer J
3 years ago

It’s a disgrace that the season ticket holders are being emotionally blackmailed by the club. JP Taylor has provided his email address and people should be contacting the club to register their disappointment. I have already done so and been a season book holder for 20+ years, but so pissed off that I probably won’t be renewing.

3 years ago

Well done charlie I’ve 10 years still to go be 20 in a row by the time I’m done 🙂

3 years ago

Dunno about you all out there but I’m getting slightly worried that no real movement on getting help to Neil and Big John as yet. Our players have returned to train at kennoxtown yet we are missing a first team coach.
This has to be addressed quickly so the players can adapt to what he will bring.
Our first team looks like this
Forster
El Hamed Jullien Ajer
Forrest Brown McGregor Christie Taylor.
Edouard Griff.
Squad Subs Bitton Ntcham Rogic Frimpong Kimala Bayo Mikey Bolingoli
Now If we were to lose Forster Ajer Ntcham Rogic and heaven forbid Eddy that would be a massive loss of quality and back up in the squad it would be hard to fill with the quality we will lose.
10 in a row Peter is at stake you must protect us at all costs. Give the players the bonus required to stay at the club. 10 in a row will make the club a fortune through merchandise now is the time to invest in the squad

3 years ago
Reply to  jimmybee

I agree with Rogic he has the ability to create and score out of nothing.When you need someone to change a game or get us a winner he is the man. Ntcham brilliant on his day but 2 games are never the same. McKenna I think we can do much better tbh.

Monti
3 years ago
Reply to  jimmybee

Rogic misses too many games!

Monti
3 years ago
Reply to  jimmybee

Exactly^

MabozzaRitchie
3 years ago
Reply to  jimmybee

yes but very slowly. hes no good enough.

Puggy67
3 years ago

Caption: I was reading in the Highland Free Press that there has been vandalism at yon statue of yon Keeng Beely in Glaschow Lachlan.
Oh dear Dougal and is that to do with yon black lives matter?
I’m not so sure about that. I think it’s more to do with him being a bit of an all round cunt.
Ah I see. And a bit of a gay boy too I believe?
Now, now Lachy you can’t be saying things like that it’s homeopathic and that’s criminal now.
Ah I see. But I meant nothing by it, if he wants to be going around in a wig and tights well that would be up to him. I’m just surprised those Orange boys don’t have an issue. After all the Wee Frees shut the playground on the Sabbath, yet these lads seem alright with the old bum love.
Well look at them in their dressing up in sequins and mincing down the street saying they love a Queen, you don’t need to be Sigmund Fred to figure that one out.
Chust so Dougy and if you’ve seen their women and with a few halfs in you, well any port in a storm.
Aye Lachy but that’s a terrible thought now you’ve put in my mind now.
Sorry Dougy, I’ve a wee stash from the distillery in yon dyke, have you a thirst on you?
Cheesus dykes now Lachy have you been on yon pornhub again?

Monti
3 years ago

Can you mortgage a barn?

R.St.Parsley
3 years ago

Caption:
‘So, Hamish, how come they sacked ye frae the fishing boat?’
‘Och, when we hit that berg Ah thought they shouted: All hands on dick’

3 years ago

I thought Craig Gordon was excellent for us every goalie makes mistakes but he pulled off some incredible saves. A very good signing in my opinion and would enhance any team.

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