Exclusive: Celtic AGM Special: Auldheid on ‘Moral Hazard’ and the Res12 Hod Carriers Bowing Out

[michael duffy]

Fantastic article Larry. Yes the credit for the fighting against Res 12/11 goes to Auldheid and his colleagues, but still a wonderfully researched and well written article. You must understand that we are not used to this level of journalism these days in Scotland! Thanks.

 

[TheVerdict88]

Just read Sevco have announced three new investors willing to put in money. If they can do it, why not us? Obviously it won't be Desmond, but we must have people who would do the same.

 

[Shadow2]

Just read Sevco have announced three new investors willing to put in money. If they can do it, why not us? Obviously it won't be Desmond, but we must have people who would do the same.

Lawell & Desmond have said it before that that type of spending is not part of the Celtic board's strategy mate.

They've said multiple times over the years that Celtic has to be self-sustaining and that the club won't spend what it doesn't earn and as investments wouldn't be seen as earnings and more to the point any 'investment' would likely mean certain people having to sell up some of their shares and hand over some of their power, then that type of outside investment isn't sought by the board.

 

[boab1916]

Just read Sevco have announced three new investors willing to put in money. If they can do it, why not us? Obviously it won't be Desmond, but we must have people who would do the same.

Why would you invest in a company in debt that is also on the verge of selling to fans the biggest amount of shares giving them a bigger slice of an insolvement event pie than you if it goes bottoms up.
What assets would your investment be valued against?

 

[boab1916]

Not really a good time be buying willy nilly when you have a squad more than capable and you are missing key revenue streams with bills to pay. Every investment wants something in return, promises need to be kept and prudence applied, next moves have to be the right moves.

 

[boab1916]

Why is Robertson bringing up the title of last year and once again seeking change within the SFA, placemen been lined up perhaps or is Scottish football behind the scenes worse than imagined and about to be revealed.

 

[michael duffy]

Not really a good time be buying willy nilly when you have a squad more than capable and you are missing key revenue streams with bills to pay. Every investment wants something in return, promises need to be kept and prudence applied, next moves have to be the right moves.


View attachment 12462

Investing in a criminal enterprise,who have free reign to do whater they like,without any oversight