Not all brothers are Close

As the Celtic lads were preparing to meet their Russian opponents I’m afraid that off the field matters were concerning the Sevco High Command.

My information is that there was a full and frank exchange of views this week among the Blue Room brethren.

I’m told that not all of that Churchillian conclave were fully in the loop about the full implications of the deal with Close Brothers.

Of course, terms and conditions do apply!

With that in mind, I understand that some of the finer details of this historic arrangement came as something as a surprise to some within the Blue Room.

I must say that I am surprised that if they were surprised, but my sources are adamant.

It just might be that a very select group among the Sevco High Command worked on this one without keeping the rest of their brethren in the loop.

Let’s just say that at the time of writing they all know the full implications of the deal with Close Brothers.

However, it is fair to say that this wasn’t the case at the start of the week.

My views on the import of this secured loan are a matter of public record and can be read here as can the document itself.

Celtic will have taken in a similar sum in matchday earnings from their victorious clash with Zenit than Sevco has borrowed from Close Brothers.

Just let that sink in.


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34 thoughts on “Not all brothers are Close”

  1. The pro McLeish men have been called into BBC Scotland today in force…

    It’s early in the day and already heard..

    “Move on”
    “Let’s get on with it”
    “We’ve got McLeish, let’s see how he does”
    “He’s there, deal with it!”

    Comments from listeners clearly filtered to add weight to the cause.

    Never felt so disgusted by my country.

    There is no saving the game in Scotland.

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  2. If this was happening at Celtic. Thankfully it isn’t. I would be demanding my board step down on the grounds of corporate irresponsibility. Taking out a loan secured against assets whilst rebuffing the sale of a player for over £5million. Instead the sevco fans are happy to keep their mouths shut and hand over their cash, either directly or to club1872. The only hope for the board is to limp to the summer, sell players very early in the window, repay their close brother loan and beg the accountants to sign off on the accounts. Just a shame they have found flogging their shit players difficult

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  3. According to the rectum i see they have oganised another charity legneds game for late March. The cardigan is in the dugoot, Doesn’t say what charity would benefit though.

    I’ll have a wild stab and say it’s Sevco again. You really couldn’t mark Sevco and the rectums necks with a blow tourch.

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  4. PHIL,you know they really are hurting when they have sly digs at the champions,we’ll known sevconian Jim White talking to an abuse victim on his program yesterday,the guy wanted to remain anonymous so whitey decided to call him Tim and kept repeating it as often as possible.the guy was obviously badly affected by the events at Man City and Crewe but sicko White took great joy at calling him Tim

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  5. The moreorless story will die down for a few days till next week when Celtic play Zenit.
    If Celtic get a favourable result the stenographers know what to do. They’ll produce more hyperbole and the price will be about £12m+ and that sevco are holding firm.
    HH

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  6. I’ve just read the El Sevcorinos on rangers (sic) media arguing over the merits of accepting or not accepting a fictitious £11m bid for a player to pay off a fictitious overdraft (“it’s not a loan, that’s taig talk”). The thread runs to circa 50 pages for fucksakes .

    Delusional doesn’t cover it.

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  7. I liked how as the details of this (in effect) secured Wonga ‘desperate loan’ came to light, Jabba was punting out an equally desperate “4th Morelos bid rebuffed” tall tale to his pals in the Daily Hun to deflect and distract the People. He even added a wee twist with other clubs also interested. Quite smart of Jabba to avoid his usual propaganda underling Radar Jackson but no cigar again. Flogging a dead parrot, Jabba, a debunked dead parrot at that.

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  8. It’s quite obvious the right hand doesn’t know what the left hand is doing or should that be foot?
    I love the way you haughtily describe the Churchillian Conclave and Blue room Brethren but we all know they’re a shower of fishwives running to the pawn with a bundle while trying to make sure their men don’t find out.
    All good stats Phil but the fun can’t go on forever and my sides are splitting at every word that eminates from the dead club and let’s be honest they spin so much that the crumbledome must feel like a waltzer. HH

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  9. “A £20m windfall at Ibrox”. The only explanation is that the Ibrox Noise chaps have been sniffing Jabba’s jockstrap again. When the fun stops stop.

    Their delusion is my delight!

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  10. That the left RRM handshake doesn’t know what the right RRM handshake is doing is bladder strainingly funny.

    Their dysfunction is my delight.

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  11. Bottom line is that good managers aren’t out of work for long. EBT Eck’s career has been in a downward spiral for most of a decade – smaller clubs, shorter stays, further afield, longer gaps. There are many better managers but few better fits for the utterly corrupt SFA.

    In the spirit of transpatency, can we please the detailed. job spec to which EBT Eck is the best possible answer?

    What’s a job spec? Enough said.

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  12. Entirely unsurprising this lot are rabid.

    What’s the latest on this supposed bid for Morelos and your enquiries in the Far East. Surely if they were fabricated the Chinese club would rebuff such statements. On the other hand the Hong Kong chap may have a back channel connection to Beijing Renhe to smooth over such hyperbole.

    New contracts for Tavernier and Windass are also surprising with their current finances. I imagine these are manoeuvres to secure personnel post admin. It’s prudent for these players to ensure the terms and conditions are properly looked at. My thinking is in an admin event the players could do walking away if their contract has not been honoured to the letter.

    My two cents.

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    • ‘According to the Scottish Sun’ appears to be the credit attached to this ‘story’ in other news channels. Anyone would think that they were all trying to cover their arses!
      Moonbeams.

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    • ‘According to the Scottish Sun’ appears to be the credit attached to this Morelos ‘story’ in other news channels. Anyone would think that they were all trying to cover their arses!
      Moonbeams.

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    • Hong Kong is one of the top places in world for money laundering. Nothing would surprise me more if morelos did end up in China for a massive fee. Just follow the money.

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  13. I dont think anyone in the sevco high command would be surprised if the terms of a “Close” loan are onerous.

    This company as i have commented before, is quite frankly brutal. If Shylock (forgive spelling if wrong) from merchant of venice (hat tip to my english teacher of 20yrs ago for introducing me to shakespeare plays) was creating a finance company today this would be it.

    Therefore i would be surprised of men of business of any note know less about close than a run of mill nobody like me.

    However if your source is adamant they were surprised, then this means one thing:

    The terms are even worse than they expected from a city loan shark like close.

    This company is brutal. They prey on the poor , in this case the poor of football clubs being sevco.
    There will be major devil in the detail if experienced businessmen are “surprised”.

    There could be all sorts with the interpretation of the terms.
    Be in no doubt, Close know this pitch well and they know it shall favour them.
    All this is IMO. but im pretty sure i know what im on about here.

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  14. Andrew Dickson the only signatory onthe MR01 document ?
    This asset has been passed about over the years like a 10-Bob Hooker !
    Bit like my old Dad’s suit tothe Pawn every Monday back in the day !

    Reply

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