Financial Fair Play, Winding Up Orders, new CQN Magazine



Scottish clubs are now subject to Uefa Licensing and Financial Fair Play Regulations which insist club’s pay creditors in a timely manner or become subject to sanctions.  These pesky rules should prevent debts reaching a maturity of more than six months old and becoming subject of a Winding-up Order.  I am sure old Heavily Conflicted, also known as the SFA president, will have sprung into action on hearing recent news.

The Rangers yesterday issued a short statement following Channel 4’s story that Orlit Enterprise threatened a Winding-Up Order, insisting, “Rangers Football Club is capable of meeting any debts presented legitimately and we would like to stress to our supporters there is no threat to the Club whatsoever”.  They really need to stay on-message… football clubs are never threatened; it’s only the Company which can be liquidated!  Apparently.

I hear Charles Green is on an international bucket collection, Dubai and then onto Australia.  Meanwhile, it is crucial no one disturbs his important work.  When you think of the people who could have taken ownership of Ibrox last year, he has been absolutely perfect.

On other matters……..

The new edition of CQN Magazine is out and available for your consumption.  Written by and for Celtic fans, it is another Celtic joy!

I’m also delighted to report we have been seriously diss’ed by the Italians ahead of Tuesday’s Champions League game. Notes for the dressing room wall coming up soon!
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