//
archives

Financial Integrity

This category contains 164 posts

Muddling Through With the Three Stooges with their Scorched Scottish Football Earth Policy of their Master Will Not Reach a Solution For Next Season. Status Quo Not an Option.

Lawyers, PR and Politicians (Labour/SNP same football shirt underneath) Rod McKenzie’s fingerprints are all over the shenanigans with the two SPFL sycophants, Neil Doncaster and Murdoch MacLennan hiding behind McKenzie ‘metaphorically’ and his statements including the pre-written one in reply to the Rangers dossier speedily sent out before reading it. Here’s Mr McKenzie representing the … Continue reading

Celtic Redevelopment Indoor Training Centre at Westthorn shows the EU State Aid case was valid. The DV was correct. Abnormal Costs are Corrupt.

Glasgow City Council Valuation of Westthorn Since Celtic bought Westthorn for £675,000 in 2009, from Glasgow City Council, they have done nothing with it except use it as security on the Co-Op Bank low interest overdrafts and loans. Note that Westthorn was bought after Celtic decided to move their training centre to Lennoxtown. It would … Continue reading

Celtic Player Football Debts March 1994: Charlie Nicholas owed £100,000 by Celtic for over 3 Years then given Dempsey Land/House Tax Avoidance/Side Deal/Football Debt deal.

Celtic’s Bankruptcy Threat Trigger was March 1994 Sheffield United Demand for £350,000 for Willie Falconer In fact it was demands for a player debt that prompted the Bank Of Scotland to call in Celtic’s overdraft. Willie Falconer was signed in January 1994 from Sheffield Untied for £350,000 and it was the demand for that full … Continue reading

Murdoch MacLennan’s Conflict of Interest remains even though O’Brien and Desmond have sold their INM Plc shares. Teams Realise They’re All SPFL Bitches Now!

Murdoch MacLennan reading oath at Leveson Inquiry 10 January 2012 link. INM Plc Has Gone Private But Conflict of Interest Remains Last year Denis O’Brien, Celtic shareholder who had 29.9%, and Dermot Desmond, controlling shareholder of Celtic Plc, had 15%, respectively of INM Plc. A Belgium based media group, Mediahuis, firstly acquired a percentage of … Continue reading

Football Debt: Stoke City’s compo for poaching Lou Macari was unpaid overlapping 2 seasons. Why did the SFA allow Celtic to start 94/95 season with it outstanding?

One of the first things Fergus McCann did upon taking over Celtic, in March 1994, was sack Lou Macari a couple of months later in June 1994. Macari was not quite 8 months into a 3 year contract. As Celtic did with Tommy Burns at Kilmarnock, after Lou Macari was poached, Stoke City only allowed … Continue reading

Celtic 1992 HMRC investigation of Unpaid Payroll Tax in 1994 Accounts. Tax Avoidance scheme, Side Deals, Cash and Disguised Payments.

In a previous post we highlighted the revisionism of several of the Celtic annual accounts after the Fergus McCann takeover in March 1994. One of the main items was Unpaid Payroll taxes which were detailed by Mr McCann in the Celtic 1994 accounts:  In the notes the figure of £170,485 is given, in the first … Continue reading

Adidas, Celtic’s new Shirt Sponsor, Named and Shamed as using Uighur Forced Labour in China.

On the 1st March 2020, a few days before the Daily Record, on the 4th March 2020, named Adidas as Celtic’s next shirt supplier, the Australian Strategic Policy Institute (ASPI) in a reported titled “Uyghurs for Sale” named Adidas in a group of companies that allegedly used companies that exploit forced Uyghur/Uighur labour as recently … Continue reading

John Delaney FAI CEO forced to resign. Celtic’s Chief Apologist at UEFA and on Disciplinary Committee in 2011 when Rangers hit with PSV charges.

John Delaney in the fine traditions of Irish corporate payouts and cover-ups comes out smelling of roses with a shut up payout from FAI, the Irish football authority, where he was CEO from 2005 until 2019. Both parties agreed not to air their dirty laundry. Think the SFA are bad? Take a look at the … Continue reading

When they almost went bust: Celtic’s Unpaid Payroll Taxes in years prior to June 1994 Accounts and Creative Accounting in 1993 Accounts.

In the previous post it was highlighted Celtic’s deception in investigating the impact of the numerous child abusers that existed between Celtic FC and Celtic Boys Club whereby the board instead of secretly investigating contingencies should have been keeping the AIM stock market informed. Another period ripe for investigation are the years 1993 and 1994 … Continue reading

Market Abuse due to Child Abuse: Celtic Directors broke the AIM Listing rules on Disclosure on Secret Abuse Investigation.

Peter Lawwell announced on 1 June 2019 that for 2 years the Celtic Board had a third party a “wholly independent and experienced lawyer” investigate what were their possible liabilities regarding the numerous (ring) of paedophiles that occupied the nexus between Celtic FC and Celtic Boys Club. Now Mr Lawwell, how long have you been … Continue reading