When you are asked " are you an investor?"by the man and told your investment is doing well, it kinda let's you know where the guy is coming from. I like many many others didn't give a fuck about an " investment" I cared about my club. The " investment" has not and never will be returned, the shares will stay with my family forever. I could not imagine many bigger insults to us all than to describe our uptake of shares other than an emotional imperative. He did what he said he would, surely did, and walked away with fair recompense fair enough. Again sorry to be a naysayers, am just the wrong person to beatify the bunnet .
Thats a simplistic way to look at things. And yes most small shareholders will indeed be hoping to hold their shares in their family for long time.
But if the people running club arent running it as an investment then you might not have any shares to pass onto the future generations.
I bet your life the shareholders of RFC were expecting to pass their shares onto their future generation. But that simplistic assumption that the club cant die means the shareholders of RFC have bits of paper that dont correspond to the New Club they claim is the same club.
Two separate entities, both with their own unique share holding certificates, one club dead, the other one dying.
So the simplistic version of I dont buy shares for investment is flawed. Because if you arent looking after your investment then the stewards can and will run off with the investment and eventually if you dont get your act in gear and start looking after your investment then you will find yourself in the same sad place that RFC shareholders exist. No investment, worthless bits of paper, and trying to conbince people their club didnt die, despite other people with new bits of share papers controllinga completely different entity.
The way I look at it is this.
If you buy shares and dont pick worthy stewards to look after your investment but are satisfied with short term frittering of your investment for short term glory then when your club dies you can thank the simplistic investment assumptions that made your investment worthless.
The club only has value if the stewards look after your investment.
And sadly in this highly monetised modern capitalist system if you arent looking after your investemnt the vultures will pounce on your emotions and fill their pocket with your investment till they have the capitla and you have the worthless bits of paper.
So the bunnet did the entire Celtic family the greatets service when he kept the biscuit tin and let the vultures destroy the false glory hunter across the city.
Their deid and Celtic are now the financial power, but unless you have the creepy capitalist stewards being very frugal and tight with the investment (even if they seem to be doing very nicely for themsleves in process) then you will get vulture capitalists who will crush the cclub into dust while convincing you the investment is in safe hands.
The bunnet deserves the applause for having the balls to stand up against the mob who want short term glory at expense of sustainable glory.