Having been handed their backside on a plate by the SPFL, Newco claim their incompetent resolution “was never intended to release end of season payments” as “any club facing short term financial difficulties should request a loan from the SPFL”. This runs contrary to their earlier statement “Rangers [sic.] will immediately propose a members’ resolution which would release prize money.”
Exactly why a resolution would be required for a club to request a loan under existing arrangements is unfathomable and the reason why you don’t allow children to issue statements on behalf of football clubs.
Can you imagine the wording of such a resolution, “We propose that clubs are allowed to request a loan as it already says in the rules clubs are allowed to request a loan.”
A leaked document on the SPFL vote indicates that the vote remains active for 28 days or until it gains sufficient acceptance to pass. If the majority of clubs voted No, the issue would still remain on the table for 28 days, allowing any number to change their vote to a Yes. It is also the case that not voting is the same as voting No; the resolution requires sufficient numbers of Yes votes to pass.
Dundee’s No vote and rescinding that vote therefore count as the same; they are entitled to rescind or change their vote to Yes at any time.
All of this, ALL of it, is like rearranging the deckchairs on the Titanic. Releasing prize money now will assist community clubs with a very low cash burn. It will put only transient money in the pockets of others. If they do not have many millions in the bank, like Celtic, or cannot find a benefactor, and no other Premiership club has one, they will be insolvent soon.
Instead of firing off angry statements or conspiring to subvert the League, Newco would be better advised to face harsh realities.
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We pay no income tax, no VAT
No money back, no guarantee
Black or white, rich or broke
We’ll cut prices at a stroke
God bless Hooky Street
Viva Hooky Street
Long live Hooky Street
C’est magnifique Hooky Street
Magnifique Hooky Street
Ob la di, ob la da the league has gone
Oh no Celtic are the champions
In Penny Lane there is a fenian with an hourglass
And in his pocket is a portrait of the queen
He likes to keep his fire engine clean
It’s a clean machine
Braw
The long and winding road – to nowhere.
Day after day, a loan from the spl
The man with the fooling spin
Is keeping perfectly shrill
And nobody wants to know him.
Ends
well i winae top that …
smiley have a braw day thing
Braw
KTF….
remember the ping pong balls !
“So I looked around and I noticed there wasn’t a chair”
or a trophy but there was a bike.
After Dundee changes their vote and award Celtic the 9…. will Peter Lawwell be a candidate of POTY?
TIMALOY
Will be the chairman of Dundee.
Huns latest statement…
I am he as you are he as you are me and we are all together…
Foolish… I blame autocorrect
TBB as you know
“They call it the Sevco dream, because you have to be asleep to believe it”
Braw
Interesting,
Inverness CT have registered a going concern in their accounts, section 1.2…
https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/l2dyEgCNlkg9iz0jyk_oZ85h5DrsOSssQhnVpKGb1do/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAWRGBDBV3CZZAX3HU%2F20200413%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20200413T130033Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEEEaCWV1LXdlc3QtMiJIMEYCIQDRil6%2FsDThrtHACtqB8MDQP%2FU9M5DC1jKrWDCJkP%2F2sQIhALwPEglwup6dGCULL1gbObcibLkdKsgEa3wOZ7blLf6jKrQDCFoQAhoMNDQ5MjI5MDMyODIyIgzi0JS4LUB8ON41XfwqkQPaga0K3sBZj6n%2BkwngP%2B87U4GFgtajOMP1rIJAZVZbauBHao3neJ7p%2F2pm2R%2BGLaIeRs4qgrWvTD3h0NrihFOBFJps88Kp45CIO8dwWequGZ2UWAec9MpMrZ7LNuZaBt7TOd9hFElAEDq1kF%2FkqwX9t2tq4oe0UuXrOzH%2F%2B0N3D0O6P%2FN2ZsiqHRx5fJh26K%2BAxffDp43RqsVkFhXvmCkbx%2FkcEbYJduLF5mib2OwXQ5ggQ%2FD5OG9sjm0bHsonKHaeOUTnMpuIXaYXzRnu4jkKX2pRsQzlqLTMvbKClCEAaThyz8WT2yqwgp0AIa2atrvDG17AfTynA5lj4O1Mz%2Frfd1SrX2reXe2roofRcQr7EjdmQl%2BVvdXTEH7djIKJUqWz%2Bnl%2FKsTlmEfedd4Wl8tu6voQKUjBzCq1cTu931ToeQWCkEOapCCSQA%2BpiJsjRqxZZTaAMreG7%2BDL8XPNxdp%2FgaeyLiKCFAX5F6YSsRR8B7yOSPwXwcyxmwhzMhKR0B4lft9gAJCF%2FfThrbmzQyY32zCD2ND0BTrqAc%2BU24fLhpd3h7go1%2FKm44WxXJKo00ldv8ln60ui4Au7S582O3i%2FECttpJUpy3LKq0ep0VaycMY9U0uFV%2F1Ef0mS9OIP1pIRDPO4pa0JPcrL9AUJ%2Bz8ml3M5oG2cfOWbPLxA50DcShizeRm4QMVzMgSaZdUldEfdNw3Yg5qspHQMeDmUwG61CYyzdyphnyEkEPb0WE%2FwWw4FQv4YotBshKCBJ2uvz4VeS2yaA4fdO95pBunANK3ggAQwXGK6eaOELkX8b8b3OokdkvEQgLAeclYpehLXWcNEzQG97eFtnSe02zEnbyS2F%2FWa2w%3D%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=623a4f32727c29e8b688e9e5a8d50d5e87c766f34e6dbec02f94b3a1f6a77928
Would also appear Scot Gardiner is not a Company Director.
https://beta.companieshouse.gov.uk/company/SC149117/officers
So in summary, ICT club rep to SPFL is back channeling info to Newco and sharing confidential info with the media all while his club is in a precarious financial position. Potentially he could walk into a job with Newco and leave ICT in a hole, but could not be held legally responsible for that.
A see charlie nicks gone for the blonde look!!!.
Jeez.
Seems Peter Vardy car showrooms are opening to the public from 4th May….
Don’t bring me down
Can you lend me a pound
Don’t bring me down
Cos i’m a hun and a clown
KEEP THE FAITH
You say you want a resolution,
well, you know,
we all want to change the rules
But if you want money for people with minds that hate
All I can tell you is, Brother, you have to wait
Got a good reason for taking the cheating way out.
You say Hello (Taxman) We say goodbye(Sevco) H H Hebcelt
Will you still need me,will you still feed me when I’m 55 (64)
Sitting on the sofa with a lawyer or two…
Dvid17,
apparently Dundee FC have also registered a going concern notice in their accounts
https://d1ssu070pg2v9i.cloudfront.net/pex/dfc/2020/02/28153435/Dundee-FC-Accounts-2019.pdf
CANAMALAR IT LOOKS LIKE OCD OBSESSION on 13TH APRIL 2020 2:49 PM
Hearts too.
https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/j5cgzvejPXG7BfO52nOsya4Fe2BhuqONUtkkTyPUx3U/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAWRGBDBV3CZZAX3HU%2F20200413%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20200413T135519Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEEEaCWV1LXdlc3QtMiJIMEYCIQDRil6%2FsDThrtHACtqB8MDQP%2FU9M5DC1jKrWDCJkP%2F2sQIhALwPEglwup6dGCULL1gbObcibLkdKsgEa3wOZ7blLf6jKrQDCFoQAhoMNDQ5MjI5MDMyODIyIgzi0JS4LUB8ON41XfwqkQPaga0K3sBZj6n%2BkwngP%2B87U4GFgtajOMP1rIJAZVZbauBHao3neJ7p%2F2pm2R%2BGLaIeRs4qgrWvTD3h0NrihFOBFJps88Kp45CIO8dwWequGZ2UWAec9MpMrZ7LNuZaBt7TOd9hFElAEDq1kF%2FkqwX9t2tq4oe0UuXrOzH%2F%2B0N3D0O6P%2FN2ZsiqHRx5fJh26K%2BAxffDp43RqsVkFhXvmCkbx%2FkcEbYJduLF5mib2OwXQ5ggQ%2FD5OG9sjm0bHsonKHaeOUTnMpuIXaYXzRnu4jkKX2pRsQzlqLTMvbKClCEAaThyz8WT2yqwgp0AIa2atrvDG17AfTynA5lj4O1Mz%2Frfd1SrX2reXe2roofRcQr7EjdmQl%2BVvdXTEH7djIKJUqWz%2Bnl%2FKsTlmEfedd4Wl8tu6voQKUjBzCq1cTu931ToeQWCkEOapCCSQA%2BpiJsjRqxZZTaAMreG7%2BDL8XPNxdp%2FgaeyLiKCFAX5F6YSsRR8B7yOSPwXwcyxmwhzMhKR0B4lft9gAJCF%2FfThrbmzQyY32zCD2ND0BTrqAc%2BU24fLhpd3h7go1%2FKm44WxXJKo00ldv8ln60ui4Au7S582O3i%2FECttpJUpy3LKq0ep0VaycMY9U0uFV%2F1Ef0mS9OIP1pIRDPO4pa0JPcrL9AUJ%2Bz8ml3M5oG2cfOWbPLxA50DcShizeRm4QMVzMgSaZdUldEfdNw3Yg5qspHQMeDmUwG61CYyzdyphnyEkEPb0WE%2FwWw4FQv4YotBshKCBJ2uvz4VeS2yaA4fdO95pBunANK3ggAQwXGK6eaOELkX8b8b3OokdkvEQgLAeclYpehLXWcNEzQG97eFtnSe02zEnbyS2F%2FWa2w%3D%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=70344aafbcf56d58d6b79fa2e6546b78cc6a2b213e295be29c1a9ff7675fddab
So Newco, Hearts, Inverness and Dundee, the great bastions of Scottish football have all registered a going concern in their accounts. How odd.
Nill and void kills lots of teams in the league, delay of prize money hurts lots and kills others.
Giving prize money out reduces the risk of teams dying but hurts a couple of clubs ego and finance.
Would be amazed if the spfl is allowed to just pass every team loans on the never, never without assurance that the league will be finished to prevent litigation against them.
Is it illegal to knowingly place someone into debt they cant afford to pay back? Companies cant do it all the credit checks are to prevent that arising.
If there is no end of season then there is no prize money and so any money you do receive by way of a loan is knowingly placing said party in debt they cant afford unless there is assurance that league will end.
HH
Looks like The Italians and Germans are looking to play out their leagues…
Celtic should move with this! Let’s finish it for real and forget about this voting pish
https://thecelticstar.com/9iar-latest-celtic-to-stand-up-and-play-the-games-as-italians-set-to-play-behind-closed-doors/
I need a fix cause I’m going down
HH
we can include partick thistle, are these turkeys voting for Xmas
this going concern stuff is probably a part of Corona loan negotiation ….
smiley it will be catchy thing
Braw
Trump sacked a captain of a US ship,who said there was coronavirus present on the ship,one of the sailors just died,Trump will view this as a defeat.
Trump sacked the Captain of the USS Theodore Roosevelt, a nuclear powered aircraft carrier which had to dock in Guam to disembark the sick crewmen, he complained that the Navy were not doing enough for the crew and his sailors were at risk of dying outside of a War situation, he sent his complaint by email include in the list was a San Francisco newspaper, he was sacked for going outside his line of command, I think the captain has since tested positive for Corona Virus.
Anyone who thinks Trump could not have reversed this decision does not live in Trumps world.
Like a virgin touched for the 31st time
Relieved of his command by whom ?
The anti Trump CNN.
” Washington (CNN)President Donald Trump on Saturday said it was “inappropriate” for the former USS Theodore Roosevelt commander to widely send a letter warning that action was needed to save the lives of his crew from an outbreak of coronavirus aboard the aircraft carrier.
Capt. Brett Crozier was relieved of his command this week by acting US Navy Secretary Thomas Modly, for what Modly called “poor judgment,” going outside the chain of command, and too widely disseminating the memo over an unsecured system. ”
Aaah. CQN Fake News.
Aberdeen also going concern notice, be interesting to find out exactly how meany clubs apart from Celtic who are not registering going concern notice, this season will be a big cull.
I have told you before, I will not be replying to anything you say post or try to instigate.
Is it a notice or just a statement by the auditors covering themselves
A sound decision .
” instigate ”
You mean respond to .
Modly’s official justification for firing Crozier was a loss of confidence for the letter leaking publicly, though his argument for the termination centered on the number of people the officer copied in his e-mailed plea for help. “It was copied to 20 or 30 other people,” Modly said, adding that Crozier’s claims that as many as 50 of his crew could die “raised alarm bells unnecessarily.” The Navy expects the number of cases on the coronavirus-striken carrier to end up in the hundreds.