Ally McCoist is about to lose the £30m transfer warchest promised to him by Charlie Green.
Twelve months ago on the back of the successful company share issue optimism knew no bounds as the big ‘anded Yorkshireman prepared for his exit to the ‘orse breeding fields of France.
With the share income all but spent new chief executive Graham Wallace, a man of substance apparently because he once worked for Manchester City, has the task of breaking the bad news to big spending McCoist and the unhappy Sevco support.
Rather than breaking into a transfer war-chest it seems certain that Sevco will be shipping players out next month in a move similar to January 2012 when the sale of Nicky Jelavic delayed administration by a fortnight.
Wallace admitted: “If you look at the size of our playing squad, the financial components of our playing squad, we have the second most expensive wage bill in Scotland and yet we are playing in the third tier. You need to look at that at a point in time.
“It is getting that balance between what we need today and then looking forward for the next two years.
“Whether we get to the point (in January) where we agree that there are a number of players we would be open to either letting go on loan or take offers for is, obviously, dependent on there being a market for them and clubs being interested.
“What we have to do, and we are starting that process with the manager now, is looking at the squad and making what we hope are the right decisions for the club, for the near term but with an eye firmly through to the next 18 months.”
Twelve months ago the garden couldn’t have been rosier as Green spouted moonbeams to the gullible fans who had bought into the share issue with those 70p shares now trading for 34p on the Alternative Investment Market.
“It was a fantastic day with shares trading around 10 per cent up and that is a great platform,” the Yorkshireman announced
“Ask yourself ‘ow many clubs in Europe are sitting with no debt, no borrowings and £25m or more in cash and you would be lucky to count more than an ‘andful, yet that’s where we’re at. And we have £100m in assets.
“It is a really enviable position to be in and if Rangers was in any other league in the world – England, European, Atlantic, whatever – this club would be worth £400m.
“What we ‘ave now is a solid, rigid platform on which to rebuild Rangers instead of up to now what has been a temporary and changing one. We ‘ave a structure where Rangers are no longer a boom-or-bust club. It’s about managing this club professionally and increasing revenue.”
Looking at the transfer market Green added: “We’ve allocated £10m for Ally to spend on players as soon as he’s able to do that.
“We ‘ave a transfer ban for another year but Ally is looking at who is out of contract when we can sign pre-contracts in January. We can register a player who is out of contract, then from September 1 we can sign them.
“We’re not saying it’s £10m and only £10m because if fans, as we expect, buy their season tickets next year there is perhaps another £20m there and that is a fantastic position for the manager, the club and the fans to be in.”
Lol what a picture
Old Chico had them hook line and sinker can’t fault the guy. The Huns were done by green and whyte and they never even knew it HH
I really miss auld chuckles Green, he led the zombies a Very Merry dance and they lapped it aw up, warchests, 500 million fanbase, one of the richest clubs in Britain, pure comedy genius, i hope he wants tae build an extension on his French chateaux cause the Sevco fans a definitely gullible and stupid enough tae pay for it.. merry Christmas chuckles, u played a blinder this year… Hail Hail, KTF+
There is…’Stupid’
There is ‘Really Stupid’
and there is…’SEVCO STUPID’ = Cultured stupidity with delusions of grandeur.’
Watch fat Salary walking away very soon.
“Watch fat Salary walking away very soon” NOOOOOOOOOOOOOO. Contract for life please.
Merriam Webster Definition of “Govanible” : Easily fooled or cheated; Quick to believe something that is not true. GOVANIBLE : Easily Duped or Cheated.
Example’s of GOVANIBLE
Billy say’s “Sally McMoist has a £30 Million Transfer Warchest.” Timmy replies “I’m not govanible enough to believe something so outrageous!”
They sell over-priced Season Books to those Govanible Hoardes.
Merry Christmas Bhoy’s & Ghirl’s.
Hail Hail!
Chuckles & our Craig are legends now, although I’m warming to Brian Stockbridge…..:) Anyone like a bowl?
Q. What do you buy a Zombie for Xmas?
I mean shower gel,deoderant & mouthwash wouldn’t be appreciated would they?
Blaine, Copperfield, Zenon, Dynamo etc could learn a bit from big ‘ands, the ultimate illusion in front of everyone’s eyes, though the Scots’ MSM had their eyes shut, their ears plugged and their fingers crossed.
Really think it’s time to concentrate on our own club now. We’ve our own problems to sort out for the present and the future. Lawwell throws the odd sevco joke in when it suits, usually to divert attention away from pressing issues at our club.
We know they’re in dire straights over at Ibrox, and long may it continue.
In the meantime we should be ,heads down , powering ahead and leaving them disappearing in our rear view mirror . Looked like that was happening last season.
Suddenly it’s all unraveling. Team weakened, and looking like it’ll weaken further. No real sign of intent to address this .
Board seeming to be endlessly trying to undermine the importance of the fans. ( Why did no Celtic official mention the food collection from Saturday,not even” man of the fans” Neil Lennon).
Celtic blaming St Johnstone for banner ban, yet all other reports saying Celtic were involved in that decision.
The fans are beginning to disengage . Look at the “true” att at home games.
Where was the “thunder” on Sat. I attended many games in the Eighties where 25-30k created huge noise for 90 mins. Saturday, you could have heard a pin drop. Fans discouraged from singing, and now, having banners. If we’re not careful we’ll be getting the nickname of the Emirates stadium. I understand they call it “The Library”.
@jmct
I hear you when you talk of concentrating on our own club, however there is more fun antagonizing Zombies 🙂
You are so right.
There is a growing disconnect between the fans and the soul less corporate monster that is the modern day Celtic.
The board really have to start defending their “customers” and listening to what they want.
In my own circle, there are about half a dozen who have stated they will not renew their SB and others who are considering their options.
Watch out Celtic. A storm of your own making is headed your way
Is that Sally in the picture or Wallace?
Hilarous again,Joe.
The still photo of big Wallace with his
2 double chins,is one of my favourites,
but it doesn’t beat your stil of Pumkin
head Somers. Pure comedy classic !
Chuckles promised them the earth, and
left them all looking like turkeys.
The only club in European football to have
NO bank facility.
Watch MSM go into overdrive with highly
inflated prices for 3 tier players at sevco.
This,and stories of the SA crook coming to
the rescue (again) will fill the papers,to cheer the zombies up.
All the while,Chuckles wines and dines his
proxy business partners at his luxurious
French chateaus (paid for by IPO ) planning the next stage of the great Ibrokes giveaway.
I am convinced Googles and Chuckles have been sent from ABOVE !!
Merry xmas family …….its PANTO SEASON AT IHAVENTGOTATCLUE !!!!
Super Ally,Coisty,ally,must stay.
if he goes the gullible will not buy next years SB
either way its good news,
” When your smiling,the whole world smiles with you”……………
I walked past ibrox after the agm and seen 3 seasons tickets nailed to the main door I thought im having them you can never have a enough nails
Perhaps a correction to the title. .. surely for Sally to miss out it would need to have been there in the first place. The only place any money went was a chateau in France. HH
You gotta love Chucky boy for truly sticking it up Rankers rear end!
Swally will just need to rely on honest mistakes and his management skills now rather than buying his way through the lower leagues.
This’ll be fun.
It’s such a shame Graham Wallace has come on board. I loved Chas Green. So full of optimisim, hope, lies, deceit. Promised of £30m to spend on players in the first division. All makes perfect sense. Sally will now be throwing the towel in and following Walter Smith out the door. Gives a new emphasis on the Follow Follow theme does it not?