This week’s Economist has a most curious article on the football business, entitled “Welcome to the beautiful game. Football clubs can easily be used as stealing machines. Here is an instruction manual. The stories are real, but most details are concealed”.
They assert, “It is a good time to enter the football racket. Banks are less generous and sentimental about loans. Tax officials are less lenient, too, as Rangers, a big Glasgow club, discovered”.
“Set up a holding company (or a nest of them) in a discreet jurisdiction, as many owners do, and you have a money-laundering and embezzlement machine at your disposal.
“Exaggerating the attendance at matches lets you run some of the dirty takings from your previous career through the turnstiles, turning them into legitimate income (this particular ruse works best if you buy a middling club, where games are not routinely sold out).”
They conclude, “Some national associations do a spot of due diligence on new owners, but this is unlikely to interfere with your plans.”
Brazil, Balkans, Russia, Serbia and Bulgaria all get a mention but there was only the one club got a name check.
Nest of holding companies in discreet jurisdictions, money-laundering, embezzlement, exaggerated attendances, dirty previous businesses!! Read it and weep, football fans, just don’t expect the blazers to watch out for your best interests.
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Legend …here is a Legend …………….
http://www.youtube.com/watch?v=C9CJzqUjQes
neustadt-braw – Settle yerself,settle yerself.
16 roads – Neil Lennon walks on water.
02:02 on
15 July, 2013
neustadt-braw – Settle yerself,settle yerself.
aye …been a funny sort of day ….but I thank you …
If Tony Watt leaves – or is allowed to leave – there is only one man to blame. Neil Lennon.
Tony Watt was NOT given the opportunities hie merited. Instead, Lennon couldn’t wait to play that loser Stokes and what did we get. One decent game in the Cup Final. That apart, he couldn’t a barn door with a banjo.
Watts was – and is – the real deal. Big. Strong. Composed.
If he wasn’t given opportunities due to lack of application or attitude in training then the fault lies with Lennon. We pay him enough to manage.
Get managing.
Gosh this site is fun. I’m shocked on one hand by the insensitivity of a few posters but inspired by others On the other hand I have used cream which is now hurting my eye
16 roads – Neil Lennon walks on water.
02:02 on
15 July, 2013
neustadt-braw – Settle yerself,settle yerself.
hope you were lucky enough tae know ma pal…good night ..http://www.youtube.com/watch?v=ipTn5RgUhzA
Braw!
I agree to a certain extent, but Watt had a few chances last season, not as many as i thought though. He would benefit from gaining some maturity elsewhere, although we are short up front now and this needs to be addressed. I think NL is a young manager wasn’t my choice but i’ve warmed to him and what he has achieved in a short time. He will make his mistakes but we are on this journey with him and what a journey its been a good Europa campaign, last 16 CL so we’re punching well above our weight. However is the board going to back the manager with players not prospects thats the question!
neustadt-braw – That’s just the way life goes sometimes commandant. Trippy. All that speedy gonzalez carry on.
16 roads – Neil Lennon walks on water.
02:22 on
15 July, 2013
neustadt-braw – That’s just the way life goes sometimes commandant. Trippy. All that speedy gonzalez carry on.
http://www.youtube.com/watch?feature=endscreen&v=dq4Xp_TxWMI&NR=
free wheeling ……..just oor thing … …..aye funny day …
Having stoked the fire,Obama now calls for calm and respect for the judicial system.
TSD,
Am catching up on today’s postings.
Your nonsense, for my sins, was making me laugh,
Your attempts to the attack the honesty and integrity of BMCUW I can’t help liken to a hypothetical situation of Barry Ferguson being interviewed in the Celtic View and telling us that Sellic has been pure tax dowjin and employin a sectarian signing polisy fur 50 hunner years, man.
Thanks for giving me a laugh today ya rocket.
PS The 300,000 UK members of the Jedi religion are aware of your movements now. They are NOT to be messed with. They’ll pure strike ye doon with posh light sabres and whit not before they take over the planet – those fencing skills you learned when your Grandad won the Littlewoods Pools and sent you to Ampleforth from Summerston to get shot of you won’t help now.
Get help man !! I mean that.
Yep the Terry the Tec has been fool on today …and his wee co-joined bro is twitching and drooling …
Sev-jo is an awfy one for jumping up on the dinner table and taking a sh@te. What worries me is I’m starting to find it funny ! Never been one for laughing at people, but recent hun stuff and what not is pushing me to the edge !
That interview between jabba and Moisty was what sent me over the edge. Comedy gold :)))
The Singing Detective Demands The Resignation Of Campbell Ogilvie
I SECOND THAT…….
BreakingNews.ie @breakingnewsie 3h
Third night of violence in Belfast http://brne.ws/as8
16 Road,
Interesting story behind St Mary’s ( http://www.stmarysbelfast.org/history6.htm )
But if I was there and asked a question, would the answer be “That would be an ecumenical matter.” :))
“..it was built at a time when there was a strong ecumenical spirit within the town”
Neustadt-Braw ,
Aye, depressing stuff.
It’s just an opportunity for neds to go out nedding without fear of getting caught. A chance for them to get rid of bits of furniture without paying the disposal fee.
The OO “leaders” didn’t ask them to do all this, of course.
It’s been a pleasure yet again to witness these leaders use their influence for the greater good, helping the homeless, fundraising for the world’s poor and what not. Their god will be proud, whoever he might be. Money?
aye …no so Braw!…..funny how Derry has no that bother ….
when I saw footage I,m thinking ….compressed air …or Lassos…but then again I,m a dreamer …hehehehe
By the way. A lot of you posters absolutely suck. tsd arsewipe kojo and gg. And those who want Lennon fired. Wtf is up with that. Longer post tomorrow. Kojo gtf. Leave my country already you prick. You never fail to mention all the cash youve made here but you dont allow for a countrys political leanings to change. And Obama is a socialist. Yeah gitmo and drones abd hes a socialist. 30 years of inaction on health care and he achieved what he could. Are you a big fan of letting kids die of lekemia? Apparently so. Paul feel free to delete but assholes abound tonight.
FFM – Sorry mate,i don’t really understand the terminology to be honest with you.
The reason i posted about that church is because another poster mentioned being at mass in Germany and CIA landed in.
When Clinton visited Belfast,a lot of his CIA minders went to mass at St.Mary’s,and the mass was said in Gaelic,believe it or not.
It is just a nice and peaceful place.
I will be honest with you,i know this because i am a frequent visitor to the bookies at the top of Chapel Lane,and the Hercules pub directly across from the bookies.
You see people,genuine people,and people with problems in their lives calling into that place during the day to pray and to reflect.
That BBC news makes me feel sick to my stomach,the sheer hypocrisy of it.
whinhallkev
03:33 on
15 July, 2013
no fear of the truth being hidden here….there a load of twats …but that seems to be the way …keep on free wheeling …yeah ..
Neustadt-Braw
:)) Think you’re onto something about the compressed air and/ or Lassos.
When Brit holidaymakers go there, the temperature makes them frisky.
Similar weather brings out frustrated violence in huns as they can’t get their nat king due to the unattractiveness of their bitterness-induced facial expressions (ie, bulldogs chewing wasps). The only solution might be to send over 300 Edinburgh prostitutes as long as it doesn’t clash with either group’s busiest time of the year.
Unbelievable to me. Total crap that people post. tsd and kojo in that cringing style — espousing racial superiority and unfettered free markets. Where the hell were they when Glass Steagal was repealed? Which caused the damn mess we are in. Sorry. Pissed but would like to bury my fist in Kojos face. Yeah I said it. Absolutely hun of a man. Always talking about how much fing money he has. FY kojo!
16 Roads,
I got that, looks like a place I’d certainly visit.
“Ecumenical”…hope this explains. Very funny.
A jibe at the lack of understanding of some of us on certain religious matters !
https://www.youtube.com/watch?v=IvvwNR3vF44
16 ROADS
It might help if you pay St Mary’s a visit prior to the bookies,haha!
I would do the same in Swindon,but I’m fairly sure hypocrisy is kinda frowned on.
Actually,I’d be better doing that,and leaving my betting money in the plate. Save time and later disappointment….
hahahahahhaha 300 ….they would need C.O D…….and whit city lass wid give an Orc credit …wis SDM no the stuff of legends! 50 shades of …
whinhallkev
I’ll look for your post tomorrow when you are sober.
In the meantime think about the consequences of fining the Catholic Church and other faiths and affiliated groups for failing to finance abortions.
FFM – Classic! :)
WHINHALLKEV
Best not to let people like that get you down,bud.
Expose the intent of the few,but revel in the goodness of the many.
Of course,nothing wrong with winding up the former….
Bobby M – How’s it goin’ chief?
Tried to buzz ye the other day mo chara,but yer fone was on answering machine it was.
Gg. It wasnt that comment. It was your trayvon take. Out of order in my view. You might as well debate me now because its the closest thing to a fair fight you might see.
Neustadt-Braw
:)))
Very true point ! Bawbag Salmond would have to pay for the travel expenses of they puir women and use his Wind Turbine budget to make sure the ugly orcs finally get their end off. Personally, I’d put them in a remote field and let them shag each other. Just the men that is.
The bottom line is….2.11
What utter nonsense you spout!
If the boy or any player for that matter….
Fails to apply themselves when given an opportunity to shine, then they are not good enough for a winning team with desire never mind Celtic.
Management on Neil’s take on the situation as far as I can see is 100% correct!
I he canny apply himself then punt him !
Good management imo
Bmcuw. Im trying. Iniquitous is my good friend. Both members of the same csc. Right wing politics just doesnt sit well with me. And for the love of God these two get away with outrageous statements. Im going to call them on it.
Father Ted is sublime!
I caught this on the sidebar.
http://m.youtube.com/watch?v=d7rsrKQtvYQ&feature=related
“don’t”.
16 Roads,
Every time I get a black can back from the city centre, it always guarantees a discount!.
Cab 1: Whit way do you want to go buddy?
Moi: That would be an ecumenical matter
Cab 1: Er, M8 then pal??
—
Cab 2: Whit way do you want to go buddy?
Moi: That would be an ecumenical matter
Cab 2: Hahh hah hah hah :))))))
Cab2 would always be the most pleasant trip home :)
WHINHALLKEV.
Give the man a pint from me for having good taste in music!
As for right-wing politics,we best get used to it.
The Left is largely crushed these days,and only watered-down alternatives are available.
That is largely due to being a victim of its own success. As left-wing governments moved people out of poverty,those people tended to acquire greater-and more selfish-aspirations.
Way of the world,I suppose…