The Far Post: Schadenfreude, Celtic and the future of the Old Firm

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The rivalry between Celtic and Rangers is historically among the most fierce in the world.

Russell Cheyne /Reuters

Whyte boasted of having millions to invest but soon Celtic fans and even some Rangers supporters were referring to him as the 'thousandaire.' Under Whyte's tenure, which lasted from April 2011 until the club went into administration nine months later, Rangers withheld all taxes — a sum approaching £14 million. During this time hundreds of creditors simply weren't paid, ranging from European soccer clubs to local newsagents, florists and taxi firms. It was HMRC, however, who made the calls that finished Rangers.

Even the youngest of Celtic fans is well versed in the sorrows encompassing bitter rival Rangers.

Lynne Cameron/PA Wire/AP

Kevin McKenna is a columnist for The Observer.