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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. When I was growing up in Clydebank in the fifties there was a bookie by the name of Halfpenny. He had a son called Bob and a daughter called Penny. Can any old CQNer confirm this.

  2. Good news story

     

     

    B&M announced they were donating £1m worth of goods to foodbanks – if you’re foodbank has a local store then you could apply for a share. Tonight at the Foodbank we were advised we were successful and now have £1500 worth of goods credit at our local B&M.

     

    We are quite rightly delighted 😀

  3. Bada

     

    Mrs Gene is the driving force behind our foodbank ,- I’m just the muscle 💪

  4. Shuggiebhoy67 on

    GUYFAWKESFOREVERHERO,6:45

     

    I`m sure you know only too well that i was not referring to days but dates as the moveable feasts are determined by Lunar events,

     

    “According to the Metonic cycle,the Paschal Full Moon falls on a recurring sequence of 19 dates ranging from March 21,to April 18,

     

    Since Easter happens on the Sunday following the Paschal Full moon,it can fall on any date between March 22, and April 25,(Years 1753-2400)

     

    Other moveable feasts because they are tied to Easter are;

     

    Ash Wednesday: 46 days before Easter

     

    Palm Sunday : 7 days before

     

    Maundy Thursday 3 days before

     

    Good Friday 2 days before

     

    But you Knew that,right ;0)

     

    HH

  5. The wife was saying there was something on bookface about the old BCG injection maybe working for COVID-19.

     

    As I’m not on bookface and trust everything my wife said I take it it’s true, 😂.

     

     

    Anyway watching sneaky peat in the man cave and season 1 episode 7 Celtic flags and Irish bunting in an office…

     

     

    Another one on the Huns banned list along with Ray Donovan. We need another Huns banned list

     

    In no particular order

     

     

    1. Ray Donovan

     

    2. Sneaky Peat

     

    3. Green straws

     

    4. Eggs Benedict

     

    5. Players blessing themselves openly

     

    6. Paying debt

     

     

    Feel free to add

     

     

    D. :)

  6. i'vehadtochangemynamebacktojackiemac on

    Teacher : can anyone give me a sentence using the word contagious ?

     

     

     

     

    Wee Johnny : our next door neighbour is painting the outside of his house with a 1 inch brush ,my dad said it will take the contagious .

  7. Better turnout tonight 👏👏👏👏

     

     

    BT – who’s going to wash my feet tonight

  8. Wouldn’t it be funny if Sevco forced everyone to play the games to end the season and ended up third…

  9. shuggiebhot67

     

     

    Are you trying to tell us that Easter is some kind of Pagan festival?

  10. blantyretim is praying for the Knox family on

    CELTIC MAC

     

    No answer at old yin’s , just tried to call your landline there too

  11. GuyFawkesaforeverhero on

    ShuggieBhoy67 on 9th April 2020 7:53PM

     

     

    Lot to take in there.

     

     

    My old RE teacher told us, first Sunday after the first full moon after the Spring Equinox for Easter. The Church allowed us to work backwards from there to find an appropriate Friday. Of course, then it became RK so maybe the rules have changed again.

     

     

    Nothing to fall out about.

  12. blantyretim

     

     

    Just missed your call there. His landline seems to be busy now, did he call you back?

  13. Shuggiebhoy67 on

    CELTIC MAC: 8;20

     

    Easter actually began as a Pagan festival,celebrating Spring in the Northern Hemisphere,long before the advent of Christianity, ref. the goddess Eostre.

  14. itscalledthemalvinas on

    I hope they are beefing up security at the Tony Macaroni stadium !

     

    With Livingstone voting to end the league due to coronavirus I think we know who won’t be happy with the decision.

     

    #hidethematches

  15. From observing nature the pagans celebrated that winter had finished and they would enjoy another year.

  16. The brass neck of the huns is umbelievable,

     

    just hope Celtic call their bluff,and propose

     

    an equal distribution of the SPL prize money

     

    if the league is not declared as it is.

     

    My preference is still to play the games

     

    as soon as foot ball starts again.

  17. There should be no prize money until Eh prizes are distributed.

     

     

    Sorry but no prizes no money.

     

     

    D. :)

  18. HT

     

    Kind of you to say so – but as you know these are team efforts – it’s a pity that in the 21st century we’re needed at all.

     

     

    Night all

  19. DeniaBhoy from earlier

     

    No need to apologise for questioning the presence of God in all this turmoil.

     

    Wee Christians, and maybe big ones too, and probably people of all faiths, question this presence and even our own Faith on a regular basis.

  20. Canamalar it looks like OCD obsession on

    I’m starting to think the rapture has passed and its just all the bawbags, holier than thou, hypocrites, nonbelievers and atheists that are left, I’m firmly in the bawbag category :)

  21. As is the norm, the Huns want to be the arbiter of the rules.

     

    After all they ran the SFA, the referees and the league structure for years.

     

    Where else could they have barred signing Catholics but in an environment that favored them?

     

    Where else could European Cup winners be passed over for caps?

     

    Where else could they be like Lazarus and rise from the dead?

     

    Where else could they blithely claim to be the same side?

     

    Where else could they silence dissent by controlling the media agenda?

     

    Only in Scotland, in a society sympathetic to their sense of entitlement.

  22. Whether you believe in God or not, the important thing to remember is that He believes in you.

  23. Canamalar it looks like OCD obsession on

    I mean lets be serious, the mad mulah evangelicals run about forcing their eye for eye old testament down everybody’s throat. They tell us God’s all powerful but insist that God needs their help to bring fourth the rapture. Like it will not happen without evangelical christians, I mean how condescending is that?