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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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316 Comments

  1. One for Big Jimmy

     

     

    “I rang up British Telecom and said: ‘I want to report a nuisance caller.’ He said: ‘Not you again.'”

     

     

    🤭

  2. BLANTYRETIM IS PRAYING FOR THE KNOX FAMILY on 9TH APRIL 2020 3:29 PM

     

    Jimmy

     

     

     

     

    Some clients have received notification by text, Are your contact details up to date, I’d assume so if hospital have been contacting you but GO may have old number

     

    ……

     

    All my contact details are up to date with my GP, Three Hospitals , heart Nurses….and Tesco . I have not been advised of anything regarding a “Vulnerable List”…as yet.

     

    cheers mate

     

    HH

  3. GENE…

     

    I once phoned The Samaritans…they hung up on me.

     

    on another day I was due to phone the Samaritans, the Advisor that I was due to speak to had phoned in a Sickie that morning !

     

     

    Was it me ?

     

    LOL

     

    HH

  4. The big fix is in and what will we do? We’ll do what we always do, roll over and say nothing.

     

     

    Posted by RhebelRhebel 6 days ago.

     

     

    @Tomtheleedstim Administration events preclude you from European tournaments for 3 years, unless they manage to get a rule change through.

     

     

    Now today from Jordanc1107

     

     

    Rangers have proposed a rule change that would allow the SPFL to provide interest-free loans to clubs equal to the amount they would receive in prize money at the end of the season, @TheAthleticUK understands.

     

     

    More details below ⬇️

     

     

    https://theathletic.com/1732733/2020/04/09/

  5. Blantyre Tim

     

     

    I meant to add to previous on Morrison Doorstop delivery you order by phoning this number 0345 611 6111 and select option 5 so if you do not shop on line, are in the vulnerable category it might be worth trying,

     

     

    you can order:

     

     

    Dairy

     

     

    milk 2 pints

     

    butter

     

    eggs

     

    cheese

     

     

    Bakery

     

    bread

     

     

    Fruit

     

    bananas

     

    oranges(tangerines/clementines

     

    apples

     

    grapes

     

     

    Vegetables

     

    potatoes

     

    broccoli

     

    carrots

     

    tomatoes

     

    lettuce

     

    cucumber

     

     

    Meat an Fish

     

    chicken breast fillets

     

    unsmoked bacon

     

    sausages

     

    corned beef fresh/tinned

     

    chicken slices

     

    beef mince

     

    salmon fillets

     

     

    Food cupboard

     

    pasta

     

    beef oxo cubes

     

    beef gravy granules

     

    ready salted crisps multipacks

     

    cornflakes

     

    custard creams

     

    chopped tomatoes

     

    tomato soup

     

    marmalade

     

    self raising flour

     

    sugar

     

     

    Drinks

     

    tea

     

    coffee

     

    diet lemonade

     

    diet coke

     

     

    Frozen

     

    chips

     

    scampi (don’t ask)

     

    peas

     

     

    Ready Meals

     

    cottage pie

     

    lasagne

     

     

    Household

     

    toilet roll 4 pack

     

    kitchen roll 2 pack

     

    ariel liquid

     

    bleach 750ml

     

     

    that’s all folks and Paul can you upgrade CQN so images can be posted .

  6. CANAMALAR IT LOOKS LIKE OCD OBSESSION on 9TH APRIL 2020 3:40 PM

     

    got to say I’m lost when people refer to “populist” as if it was something to be ashamed of. Its usually the majority that MP’s depend on for their champagne and caviar. If people are misguided its usually down to their “leaders” failing to communicate properly.

     

    …………….

     

    Is the “Popu List”…any relation to the “Most Vulnerable List” ?

     

    LOL

     

    HH

  7. Blantyre Tim

     

     

    I only addressed to you as you raised the subject and thought my experience worth sharing and you worth knowing professionally if you already didn’t.

  8. One thing I noticed on FtSPFL board

     

    No Celtic representation

     

    Sevco, Motherwell & Hamilton ( who have the Sevco Chairman as a shareholder) are the 3 premier league clubs with a rep on the board

  9. Canamalar it looks like OCD obsession on

    Ernie..,

     

    what is a populist agenda ?

     

     

    Big Jimmy :)

  10. RON BACARDI on 9TH APRIL 2020 1:19 PM

     

    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.

     

    ____________________________________

     

    Is it the same system in England, Ron? The Times article implies no problems for the vulnerable there.

  11. blantyretim is praying for the Knox family on

    Cheers Auldheid

     

    I have forwarded to colleagues for information

  12. I have just received this email response from my MSP, who I only emailed around 30 minutes ago.

     

     

     

    Dear Mr….

     

     

    Thanks for your email. I am sorry to hear you are facing these challenges with shopping, etc.

     

     

    In the first place, if you are needing food or other essentials over the weekend, please let me know and we can look for local neighbours or volunteers to help out. My staff finish for the holiday weekend at 5pm but I will still be available by email or phone.

     

     

    As far as the list of the most vulnerable people is concerned, I understand there are 136,000 names on that list. They include people who have had organ transplants, who have breathing problems, and some other specific conditions. The term vulnerable can be used very widely but this list is more specific. I think it is because Coronavirus can lead to pneumonia, that there is an emphasis on people with potential breathing issues. Thus when it comes to MND or dialysis, some would be on the list and some would not. The people on the list have been notified by their GP or other parts of the health service. My understanding would be that not everyone with a heart condition would be on the list.

     

     

    If you are not in immediate need of shopping help, my staff can follow up with Tesco next week and see if they can make you a priority amongst their own customers. But as I say, please do contact me by email or phone if you are needing supplies before Tuesday.

     

     

    I hope this initial response is helpful. With best wishes at this difficult time.

     

     

    John

     

     

     

    John Mason

     

     

    MSP for Glasgow Shettleston – BPA airson Baile Nighean Sheadna, Glaschu

     

    1335 Gallowgate, Parkhead Cross, Glasgow G31 4DN

     

    Office: 0141-550 4327

     

    Mobile: 07879 430 877

     

     

    I should have advised him that I have Breathing problems etc, but I forgot to include that in my email to him.

     

    I am impressed with his response so quickly after I emailed him Just pity hes a “MASON” !

     

    HH

  13. !!BADA BING!! on 9TH APRIL 2020 2:50 PM

     

     

    If they are doing their jobs properly, their work could be invaluable – reporting back on local conditions and local emergencies. They may well need extra professional secretarial assistance.

     

     

    Find it hard to defend some of them but they are still the poorest paid parliament in western Europe.

  14. Iconic Celtic shirt named among best of all time as Ballon d’Or organisers pick the greatest kits

     

    The Lisbon Lions didn’t just win the European Cup – they looked stylish doing it.

     

     

     

     

     

    The kit Celtic wore in the 1967 European Cup final has been named one of the greatest of all time by the organisers of the Ballon d’Or.

     

     

    The Lisbon Lions became the first team from the British Isles to lift the trophy when they beat Inter in the final, with a squad made up of players born within 30 miles of Celtic Park.

     

     

     

    And France Football has named the shirt they wore that day as the 12th greatest of all time.

     

     

    Celtic are the only Scottish club to feature on the list, with Ajax’s 1971-73 shirt crowned as the best in history.

     

     

    The usual suspects like Boca Juniors, Sampdoria and the New York Cosmos are all represented, and perhaps unsurprisingly three French clubs make the top 10.

     

     

    ….

     

    ONLY 12th…..were the French all drunk when deciding that ?

     

    LOL

     

    HH

  15. Sutton1888 on 9th April 2020 4:08 pm

     

     

     

    The big fix is in and what will we do? We’ll do what we always do, roll over and say nothing.

     

     

     

     

     

     

    Posted by RhebelRhebel 6 days ago.

     

     

     

     

     

     

    @Tomtheleedstim Administration events preclude you from European tournaments for 3 years, unless they manage to get a rule change through.

     

     

     

     

     

     

    Now today from Jordanc1107

     

     

     

     

     

     

    Rangers have proposed a rule change that would allow the SPFL to provide interest-free loans to clubs equal to the amount they would receive in prize money at the end of the season, @TheAthleticUK understands.

     

     

     

     

     

     

    More details below ⬇️

     

     

     

     

     

     

    https://theathletic.com/1732733/2020/04/09/

     

    ==================

     

    Administration would only lead to a 3 year exclusion from UEFA if it ended in liquidation.

     

     

    However a going concern note in the accounts the SFA used to grant a licence would cause UEFA to ask questions of the basis and which the SFA granted a licence with a going concern note in the accounts.

     

     

    Of course if the SFA didn’t mention it then how would UEFA know but Phil MacGillola Bhaoin ” understands that unaudited interims may not suffice for the folks in Nyon and this was (has been) communicated to TRFC”

     

     

    On the idea of giving clubs money to ensure their survival how on earth could Celtic possibly object to that? They depend on other clubs surviving and are powerless to separate the wheat from the chaff.

  16. BIG JIMMY,

     

     

    Not all heart patients are in the extremely vulnerable category and might not be on the government list. See the pages about coronavirus on the british heart foundation website bhf.org.uk

     

     

    It says that if you have not been notified and you think you should then contact your GP or hospital.

  17. It is being “Reported” that Livingston FC will support any Resolution that the SPL Propose thereby going against The Huns..and Mini Huns.

     

    Plz dont shoot the messenger.

     

    HH

  18. Canamalar it looks like OCD obsession on

    Come on Ernie

     

    What constitutes a “populist agenda”?

  19. Canamalar it looks like OCD obsession on

    St StIves,

     

    No seen JJ today, but you’ve obviously got some exciting news for him, care to share :)

  20. There appear to be quite a few bloggers urgently needing Covid-19 related answers. It might be an idea to contact your own council website. The one for Inverclyde is updated daily. It’s as near a one-stop-shop for info as you’ll get.

  21. £10,000 jeese oh.

     

     

    that on top of the£28000 they get already to run their office.

     

     

    brass knecks

  22. The money they want from the SPFL is prize money for league positions , the SPFL is not a bank and cannot be used as such, any use of prize money for interest free loans is not on and I hope most clubs will see this for what it is, another attempt by Sevco to obtain money but not accepting the reason for it being given, they either accept the payout for league positions or they wait until a final decision is made about the league finishing as is, or if it restarts its played with no crowds in the future.

  23. blantyretim is praying for the Knox family on

    FRITZSONG

     

    Glasgow website leaves a lot to be desired as does their response so far

  24. SAINT STIVS on 9TH APRIL 2020 5:09 PM

     

    ……..

     

    Thats me in the corner with a Bunnet, braces…and a Fag while leaning on the wall !

     

    LOL

     

    HH

  25. Never mind needy MPs getting a Ten Grand to work from home allowance.

     

    What about an old layabout like me, who this morning was informed by the DWP, that as a result attaining the age of 80, I am to be awarded 25p a week of an increase in my pension.