Recent content by contra mundum

I did not watch Saturday’s game because it has become even more predictably rigged and the plc are unquestionably complicit in it. An under-qualified, tactically deficient manager appointed by an arrogant, complacent CEO, playing players out of position, officiated by a former season ticket...

How wealthy would someone need to be to provide an unlimited guarantee? The money trail is everything. The only direct sources known publicly are those disclosed in the financial statements, but what are the ultimate sources? No journalist, auditor or the SFA will go there. Again, the...

The key phrase is, "lack of a binding debt facility." If written guarantees were in place these would be binding. I wouldn't underestimate the intimidation factor.

Since they were published on 20 November there has been little or no commentary on yet another questionable audit opinion expressed on RIFC’s financial statements. This might seem irrelevant but bear with me. Auditing is often not very well understood but it can have a vital impact on a...

My concerns with respect to governance and management at Celtic plc are long-standing. Specifically, the board’s and CEO’s: silence regarding the illegal use of EBTs by the liquidated club; acquiescence to the 5 Way Agreement; tacit acceptance of the continuation myth; acceptance of the...

The resolution will certainly be defeated, which we knew was always going to be the case. So the Board can consider Resolution 12 dead and their response to it places them under the obligation to do precisely nothing – just the way they like it. No matter what they do or do not do, they will...