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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whitedogthathunches…
a lot of protein there,,,
smiley how butch are you thing …
Braw
have family down in P 32 …the Armagnac saved me …(visit to neighbours duck/goose farm)
not so nice …
thank you for the reply
smiley sherry and vinegarry saucey thing
hail hail ……
gute besserung
Missed the what does
The blatant, donate £5 to the NHS advert is fkn ridiculous ,we all pay NI ,and taxes to pay for it,shamelessly underfunded by the Tories
Can all youse who imply you are in the know let the rest of us know what ‘register a going concern’ means.
Bawwy
20 March.
” I still believe strongly that the season cannot be declared null and void but I also feel that titles have to be won fair and square on the pitch. I realise Celtic fans will be up in arms at the suggestion and they’ll say I’m just looking at this through blue-tinted specs.
As a matter of fact, they’d be wrong. I’m sitting top of the Lowland League with Kelty Hearts right now and I don’t want to be awarded with a title that we didn’t win.”
Ron..,
Going concern basis of reporting in my understanding is that companies use this to evaluate their current performance, and use the same parameters such as turnover, income, profit and loss to extrapolate their future trading ability.
If they loose income or the loss becomes greater than their income or predicted income then they need to declare this by registering it as a warning.
That my layman’s interpretation, it would be better explained by an expert.
Neustadt-Braw
most of the Foie I would eat would be in caring restaurants where the birds are allowed to feed and gorge naturally, to fatten- my favourite PX;-
https://www.waitrosecellar.com/sherry/g-byass-noe-pedro-ximinez-viejo
take care
Kelty Hearts
Only 6 points ahead with the team in 2nd
having a game in hand.
In today’s FT: ‘Auditors clash with directors over the question of going concern’.
https://giftarticle.ft.com/giftarticle/actions/redeem/adcd6259-730c-442f-8ac1-d0e91c08d441
I thought as much …
smiley just testing thing
quack quack
Braw
but left unattended birds love to gorge…..
smiley ask any divorce lawyer thing
Braw
I expect most SME’s have this statement/registration in their annual report.
I doubt very much that subject matter experts are any where near them …
smiley unless they are of the tongue in cheek fenian variety thing
Braw
Macjay1 @ 6.03
Thanks that means I was correct for a change, how unusual that the ole grey cells still work.
Wonder if Bawwy will be asked about that by his freens in the meeja? Naw I don’t think so either.
https://www.youtube.com/watch?v=KrbfyZ2lRkQ
any way here is ma pal….
smiley hoopy days …and the bluest eyes i have ever seen thing
Braw
SPFL- You can change a No vote before 28 April, but you can’t change a Yes vote, North Korea Rules?
EMERALDBEE\O/ STILL PROUD TO BE AN INTERNET BAMPOT on 13TH APRIL 2020 6:47 PM
Thank you.
Love to see examples of their hypocrisy .
Happy to prove you right .
Bada @6:57
It’s cracking comments like that which almost makes up for the absence of Judith😕
whole day without a statement, thats not good enough
BBC correspondent who challenged the Morelos to China story then backed down has tagged the Santa Fe Public Library SFPL rather than the Scottish Professional Football League SPFL, see videocelts for more.
SS
They’ve ran oot of crayons
Celtic Board says sfa.
Good lads .
Hold your fire .
Don`t interrupt the enemy while they are doing their lemming impersonation.
Amazed CQN hasn’t picked up that the Kelty Hearts Asst Manager, beside Barry, is:
Bob ‘FTP’ Malcolm.
Delicious…..
PB- Definitely a worry re Big Judith, it’s possible someone at home infected. Until 1,40 pm tomorrow amigo…😁
i do like this one –
Celtic Underground
@celticrumours
·
Apr 11
Hearing Dundee are going to wait until the 3rd of May and then get Albert Kidd to announce they are relegating Hearts.
Deep down, the hun lashing out at anything and everything is a reaction to how things have been going on the pitch for a period of time. They just don’t and cant win. It’s killing them, they are in so much denial its not even true. Its an existential crisis of epic proportions. For a brief moment they thought COVID was going to kibosh 9 in a row and they just cant let it go.
Strange that the Scottish media have had all sorts of former players and team coaches of the Ibrox clubs saying that Celtic should not be announced as champions, yet nothing from the current team coach.
biily scores, the cup is won
https://lh3.googleusercontent.com/FRdBCadDv1oHXMx_1UpZ8i44uDIkS1bjDPsF7xeywp80aSmC8PApJt0gF3U2Sn075X2xlOM7neHt5dw=w1920-h1080-rw-no
our willie miller
https://lh3.googleusercontent.com/k5NQ_A8pIQK7atP-d6JR3TsoiDngXL28a6yokAkHltoI6PLcCVHTBMDqEQtyfdzQ7PY5-ODv8XYMcvI=w1920-h1080-rw-no
jinky jumpin johnstone
another heidie
https://lh3.googleusercontent.com/lx_4VXgPcLGnT6QVp2WnZLbkps-0eegVcq7Ss2FMqLr4OiH9WlLZftFTY-ZRYJWN_LkmXMf9XE5Dpag=w1920-h1080-rw-no
RON BACARDI on 13TH APRIL 2020 8:40 PM
Strange that the Scottish media have had all sorts of former players and team coaches of the Ibrox clubs saying that Celtic should not be announced as champions, yet nothing from the current team coach.
Liverpool.
just caught Charlie Nic on Sky.
wtf is he doing.
dressed like PIRA in 1974.
and that hair cut.
get him locked doon
We would all like to see the league played to its 38 games and to have a title party.
But if we run out of time I expect that the SPFL will announce that it was “imperfectly” conpleted.
“Imperfectly” has of course, already been defined as “not quite with the rules but who cares?”
Edinburgh City – we think SPFL proposals lack ‘sporting integrity’
Also Edinburgh City (2nd in league) – we want prize money and reconstruction (neither of which are in line with existing rules.)
More laughable s****.
Should any attempt be made to steal the SPL title from Celtic , I would expect the Celtic Board to respond in the most assertive of ways .
Perhaps with an ultimatum.
In the game of poker , the guy with the bankroll wins , or he is a mug.
And PL is no mug.
It appears that our custodians are happy to sit on the sidelines and watch the also rans squabble .
Good.
HEY , PETEC .
Let`s be hearing from you .
Scott Gardner was up to this afternoon the CEO of ICT.
People on twitter were today questioning why, if he wasn’t a board member why he is still working when ICT have furloughed ALL their staff.
This is a serious breach of the government’s rules on this and could result in ICT not qualifying for the scheme.
Tonight the Daily Record are describing him as the CHAIRMAN.
This guy’s a walking disaster fir his club.
Nally81 with you there if as has been stated he was the guy at Hearts that forgot to order the seats for the new stand then I’m surprised (maybe not) that he could still get a job in Scottish football
Gardiner,
The guy who appointed the guy who played at I Rox stadium as manager at Dundee