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Liquidation stalks corridors and the odd marble staircase

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Did you notice a degree of synchronicity in yesterday’s statements by Hearts and Newco?

Newco: “It is abhorrent that certain clubs could be unfairly relegated if the current SPFL proposals were implemented.”
Hearts: “no Club should be penalised as a consequence of these exceptional circumstances”.

Newco: “[We propose] a member’s resolution which would release prize money to be distributed to all clubs throughout Scotland”.
Hearts: “we will be supporting the Members Resolution being put forward by Rangers [sic].

The SPFL proposal, to finish and call the season for the bottom three divisions now, and for the Premiership as soon as it is clear it cannot be finished, is the only possible way forward for Scottish football, and even then, it might not be enough.

Let’s be clear about the decision facing clubs in the Championship, League One and League Two.  They are currently in lockdown, players and other staff furloughed, government dues are deferred, so cash burn is low.  “Prize money” would be handy, but only if you can do the right thing with it.

If these leagues are not called now, but have to finish their seasons after lockdown eases in order that no club is “unfairly relegated”, their cash burn situation changes significantly.  With zero prospect of paying spectators for the early months after lockdown, clubs would need to re-employ players and coaches for the 10-12 weeks minimum it will take to undergo an element of preseason and complete the remaining matches.

That’s the best part of 3 months with zero income and normal outgoings.  “Prize money” that could be used to cope with what is inevitably going to be a difficult new season, will be burned trying to finish this season.  It will not be enough money for any club to offset the increase in costs when furlough is ended.

In order to finish this season, the number of games played next season would have to be curtailed.  Next season’s TV deal is significantly higher than the current one.

The choice becomes having more games under this season’s low value TV deal, while burning your “prize money” on games without spectators, or maintaining a high value TV contract, while keeping your “prize money” to offset the lack of gate receipts for the opening months of the season.  The latter option might be viable for some, the former is a recipe for bankruptcy for most.

And yes, the “prize money” quote must have taken some mental gymnastics at Newco, you cannot have prizes until you know the outcome.  They want the money but don’t want ANY outcome.

I see the benefit in not calling the Premiership now.  Let’s see what transpires between Belgium and Uefa – and we would all like to see Celtic become champions and Hearts relegated on the field.  Celtic are hoping these things happen in August, but I doubt it.

Uefa will eventually issue guidance and all leagues will declare their champions.  The new season will start behind closed doors, but with Champions League and domestic TV cash flowing.  Some solidarity cash will trickle down, giving some a fighting chance.

As for how SPFL clubs will vote?  I am far from confident they have the collective insight to see a path through the next few months.  They will need the Wisdom of Solomon, and if any of them had that quality, they would not be in football.  Liquidation stalks the corridors, even the odd marble staircase!

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  1. Naka's left boot on Kieran Tierney's foot on

    Surely not!?

     

     

    Attempting a podium during lockdown is a touch shift………now to read the article! :)

     

     

    And back to lurking…

  2. POR CIERTO on 9TH APRIL 2020 12:24 PM

     

    I’VEHADTOCHANGEMYNAMEBACKTOJACKIEMAC on 9TH APRIL 2020 8:54 AM

     

     

    You’ll enjoy Sunderland tillI die.

     

    Martin Bain is something else.

     

    The 2nd series has just come as well, so lots of tv tonight my friend :) por cierto

  3. blantyretim is praying for the Knox family on

    WDH

     

    I am trying to contact Tesco in relation to this

  4. Naka's left boot on Kieran Tierney's foot on

    Attempting a podium post without spelling mistakes seems to be a tough shift also.

     

     

    Need to change my name back to Sheriff Fatman as well, clearly not posted since Tierney left!!

  5. whitedoghunch on

    !!Bada Bing!!

     

    the bench at the tape at Hamiliton is my favourite place on a track anywhere in the world

     

    Factotum

  6. !!Bada Bing!! on

    How can we be sure that the millions donated to the NHS, actually goes to what is required, PPE mainly? I wouldn’t trust this government for a second. What’s happening is the public are subsidising an organisation, thats been underfunded for years.

  7. PAUL67:

     

    Much along the lines of a post I made yesterday, T.V. and sponsorship monies and UEFA will decide what happens.

     

    Keep the Faith!

     

    Hail Hail!

  8. blantyretim is praying for the Knox family on

    WdH eat all

     

    Tesco are awaiting. On Government database to add shielded clients to priority list

     

     

    I have spoken to Scottish government also and they are trying to move this along asap

  9. BIG JIMMY/ EVERYONE ELSE

     

     

    If this is any use to anyone. TESCO release their available delivery slots at MIDNIGHT. They may be 3 weeks ahead though. Hope this helps.

     

     

    KEEP THE FAITH

  10. !!Bada Bing!! on

    MP’s are getting an extra 10k to work from home no receipts required, a fkn disgrace

     

    The same MPs who cheered when they knocked back a pay rise for the NHS

  11. BT

     

    Is there any data protection issues with providing the vulnerable list to supermarkets

  12. blantyretim is praying for the Knox family on

    Gene

     

    That was my initial issue when speaking to clients but seems this has been overcome somehow, my belief is that some on the list may not want their details shared

  13. It may be popular news in UK, but what is the justification for the extra 10K?

     

     

    HH

  14. !!BADA BING!! on 9TH APRIL 2020 1:02 PM

     

    MP’s are getting an extra 10k to work from home no receipts required, a fkn disgrace

     

     

    The same MPs who cheered when they knocked back a pay rise for the NHS

     

    _____

     

    With respect, that sounds utter shite.

     

    Where did you read that?

  15. As Government/NHS cannot pass personal data to the supermarkets I expect they will message/email/mail the known vulnerables telling them that they need to register themselves. They will also be given details of how to do that.

  16. All clubs in the SPFL will vote with the own interests in mind, not Sevco’s imo.

     

     

    Majority didn’t vote in their favour in 2012, very much doubt they’ll do it now.

     

     

    HH

  17. blantyretim is praying for the Knox family on

    DBHOY

     

    Extra expenses when working from home

     

    In other words but yourself top of the range pc printers etc 😡😡

     

     

    WDH

     

    Tell me about it, not been out for 3’weeks tomorrow

  18. So an extra 10K of taxpayers money to pay for home office equipment they no doubt already have. Why do we put up with this shit!

     

     

    HH

  19. ZIGGY,

     

     

    It is true. Was not announced as such, just allowed to leak out. Was a decision within the parliament side of things. Not a measure by the chancellor. Lucky for him.

     

     

    We have something like 630 MPs, so that freebie amounts to £6 million plus, no questions asked !

  20. !!BADA BING!! on 9TH APRIL 2020 1:02 PM

     

    MP’s are getting an extra 10k to work from home no receipts required, a fkn disgrace

     

     

    The same MPs who cheered when they knocked back a pay rise for the NHS

     

    ——————

     

     

    Bada I seen that this morning and it is feckin disgusting.

     

     

    Can we say they that they are profiting from this tragedy.

     

     

    Well I think so, shame on every single one who takes that cash.

     

     

    Feckin disgrace

     

    Ld. :)

  21. Now is that £10k a week/month??

     

     

    Horrible, horrible shower of ………

     

     

    Ach feck them

     

     

    D. :)

  22. Back to Basics - Glass Half Full on

    Cheers Pablo.

     

     

    Fantastic deconstruction of the absolutely desperate lines being peddled by Sevco and HMFC.

     

     

    Thought provoking stuff.

     

     

    Your highlighting of the value of the current and new TV contracts is particularly adroit.

  23. Paul , your line about liking to see Hearts relegated on the field made me laugh out loud.

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