Premiership-Championship, financial fundamentals

610

We’re in the last week of November and one point separates Celtic, Inverness and Dundee United at the top of the table, with Hamilton a point behind.  Dundee, who put on a credible performance yesterday, sit alongside seventh placed Kilmarnock, nine points of the pace.  That’s more than half the league within nine points of the top.

Remember the day Accies relegated Hibs, and we were told how the Championship would be vastly more competitive than the Premiership this season?  There’s a nine point gap at the top of the Championship, which is the least competitive senior league in Britain.

If you were an investor in a Championship team located anywhere outside Gorgie, you might be running the numbers this morning on what another season of lower league football is going to cost to fund.  With ever-diminishing income I know one club who could need £30m investment to get them through another 18 months of Championship football.

The chances of than kind of money materialising are zero, no matter if they flog their properties.  There will also be a structural deficit, even with Premiership football, of having a massive infrastructure to support, without European revenue, of around £10m per season.

If you are a football club in Scotland with a large infrastructure to operate, maintain, police and insure, you need significant and regular European income.  The cost of funding the job to overcome domestic and European competition (all of the latter would be seeded), runs into many tens of millions.

No one has even pretended they have a viable plan to overcome such obstacles.  Hope you can find the fun in financial fundamentals.

Thanks for the feedback on Caesar & the Assassin, which is available here on CQNBookstore, but… if you go here, for an extra £1.01 you can get the book and a DVD (from Cesar (sic.), 6-2 game, Road to Seville, Birthday Bhoys Beating Barca).

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610 Comments

  1. an tearmann

     

     

    10:19 on 25 November, 2014

     

     

     

     

    Cheers for that

     

     

    If only we had people like pilger running our countries.

     

     

    American, british gov would make you sick the things they get upto. Sadly proper juctice will never happen for those communities they have destroyed. Including their own

  2. livibhoy

     

     

    10:26 on 25 November, 2014

     

     

     

     

    No worries.. Heard few good reports on agassi book. Im just finishing bobby sands- a day in my life. Tough reading but read few books on bobby and his comrades so know what to expect.

     

     

    I really need to read happier books..

  3. The Token Tim

     

     

    Remember the cup game a couple of years ago against Dundee Utd when he got sent off for sheer stupidity? I thought his time are Sevco would be over then. Just shows how highly stupidity is valued by McCoist…

  4. The Battered Bunnet on

    Rock Garden was one of a number of pubs in Glasgow in the 80s and 90s that thought it could rip off the name of better known pubs and restaurants from elsewhere, many from London. I suppose it was, at least on the surface, an early reflection of Glasgow’s emerging instinct towards cosmopolitanism.

     

     

    The Rock Garden (Glasgow) was forced to rename itself RG’s after being sued for breach of trademark by the Rock Garden (London).

     

     

    Similar fates befell Bobolowski’s Baloon – nailed by Smollenski’s Baloon

     

     

    And Ed Dubevnic’s who thought they could get away with ripping off Ed Debevic’s of Chicago with the sneaky use of an additional ‘n’ in the name, while also ripping off the designs and trademarks of Ed’s Easy Diner in London, both of whom actioned the matter.

     

     

    Then there was the Solid Rock Café who claimed to be entirely unfamiliar with the Hard Rock Café…

     

     

    I’m sure there are more cases now forgotten.

     

     

    Happily, Glasgow is more confident in itself now, and tends towards a more colourful creative approach rather than paler imitation.

     

     

    That said, always liked the Rock Garden. Upstairs by day, downstairs on a Friday night. Schlitz has to be the perfect brand for those who want a pint of rock n roll, but don’t know what decent beer is supposed to taste like.

     

     

    Rolling Rock is not far behind in the name stakes, although there has to be some doubt as to whether a beer made with rice is a beer at all.

     

     

    Always liked The Fixx on Miller St too. Absolutely nothing to do with the band of the same name of course… I recall one particularly good night with Hue & Cry playing, me and the chaps having scooped up ahead of time across the road at Pacers. Why pay £1 per pint after all when it’s 46p over by?

     

     

    Didn’t find Linda mind, although I wasn’t really looking.

  5. Syd,

     

     

    Interesting.

     

     

    I’m guessing there would be no replay if Peterhead had lost.

     

     

    I know uefa have a ruling that the team sinned against shouldn’t be worse off after punishment is dished out, but dunno about our lot.

  6. BMCUW @ 4 22 .

     

     

    NIck Drake .

     

     

    I had the dissonant / dubious pleasure of seeing him twice . Once at The Royal Festival Hall in 69 ( with John and Beverley Martyn and Fairport Convention ) and then at Bedford College in 1970 (with Graham Bond / The Spencer Davis Group..)

     

     

    Poor man was clearly not suited for live performances.A nervous wreck. He should have been at home with a cup of camomile tea and someone holding his hand whilst whispering -” Everything is OK ,Nick “

  7. tully57

     

     

    Great story on your Madrid trip. My first Euro trip was Hamburg 1995 I think. Very messy bus trip that. Couldn;t remember the ferry on the way over and was told passing through Germany that we actually got on Channel Tunnel.

     

     

    LB

  8. Zico-Maltese Bhoy @ 22:57

     

     

    Thanks buddy – cheque is in the post !

     

     

    Hope the Hail Hail wasn’t a weather forecast for CQN corner!

     

     

    On Rayo Vallecano – have been to a game at their ground (houses at one end which is weird) and have their scarf in my office. They are very much the Madrid ‘wee team’ based in the south suburbs, and have a very noisy following.

     

     

    The Bukaneros, are fanatical and very working class, so it doesn’t surprise me that they demonstrate a big social conscience.

     

     

    Well worth taking in a game if you are in Madrid. At under 15,000, it isn’t the impressive Bernabeu, but the atmosphere is remarkable.

  9. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    SOUTH OF TUNIS

     

     

    Sadly I think that pretty much nails it,mate. His music doesn’t lend itself to live performance.

     

     

    Nor even to listening in company,I reckon. Best turned down low when in a contemplative mood with only a few,erm,refreshments for company.

     

     

    But never to be listened to when you canny face the world,not a good idea!

  10. blantyretim is praying for the Knox family on

    Tom

     

    all your posts including your previous names, hope he has plenty of built in memory on his pc…8))

  11. HISTORY QUETION TIME – LOOKING FOR HELP.

     

     

     

    would anyone be able to help me with a map of the Calton district around 1880 – 1900.

     

     

    And a comparison with what the boundary is todoy ,

     

     

    any linksappreiated.

  12. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    AN TEARMANN 1050

     

     

    Ffs,mate-I’ve just finished the Pilger post,for which,my thanks!

     

     

    Love GSH. Gets the musical fusions right then slips the stiletto in.

     

     

    His book,The Last Holiday,is well worth a read.

  13. !!Bada Bing!!

     

     

    I believe he had 2-0 for Hearts on Saturday. Done well giving away a stupid penalty.

     

     

    LB

  14. The Battered Bunnet

     

     

    And Ed Dubevnic’s who thought they could get away with ripping off Ed Debevic’s of Chicago with the sneaky use of an additional ‘n’ in the name, while also ripping off the designs and trademarks of Ed’s Easy Diner in London, both of whom actioned the matter.

     

     

    ——————————————————————————-

     

     

    Ever been to the original Ed Debevic’s? The waiting staff are hysterically rude (just an act). Not a place to go with a hangover though…

  15. tully57

     

     

    Could not beat a good bus trip. We went to Norwich for the Tim Williamson testimonial and left Livingston at 1am on the Sunday. Arrived in Norwich for the pub opening at 9am. We departed after the pubs shut. We were battering along the by pass on the way home on the Tuesday morning bus still in full party mode and people were travelling to work and double taking our bus. You could actually see people thinking ‘Where the hell have they been?’

     

     

    LB

  16. Tom McLaughlin @ 10.15

     

     

    Hope you don’t mind,I have a copy of your medical records,just in case I ever take no well Doon under.

  17. About the Peterhead ‘phone call’ issue, surely they can check their phone bill and it will show the details of the call to the SFA – number/date/time/duration?

     

     

    And surely they spoke to an individual they identified – first thing I do when calling any organisation.

  18. BMCUW @ 10 52 .

     

     

    Hope whoevever thought the Bedford College gig was a good idea has it on their conscience . An all nighter .-a rowdy , drunk ,stoned and pilled up audience .. Perfect for a pathologically shy guy with mental issues.

  19. weet weet weet(GBWO) on

    Saint Stivs

     

     

    Maybe this help mate

     

     

    urbanglasgow.co.uk/archive/old-glasgow-maps__o_t__t_1767… Cached

     

     

    HH

  20. weet weet weet(GBWO) on

    Try again

     

     

    urbanglasgow.co.uk/archive/old-glasgow-maps__o_t__t_1767… Cached

     

     

    HH

  21. proudbhoy 10: 35

     

     

    very true proudbhoy.There is v little dissent against western media in the way it manufactures news for our viewing.john pilger writes without fear.god bless him.he has written well bout Cambodia,Vietnam and East Timor to name a few.

     

    hh

  22. LB

     

     

    Great stuff. Had a few of those in the 70’s and 80’s.

     

     

    David O’Leary, Lou Macari testimonials and the big bad trip to Burnley in ’78.

  23. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    EMBRAMIKE

     

     

    At the risk of being shot down for racial stereotyping….

     

     

    Peterhead,guid hielanders,probably used someone else’s phone.

  24. The Battered Bunnet on

    Davidopoulos

     

     

    Never have. Ed’s Diner was my vocation for 3 years though. Best job I ever had.

  25. LiviBhoy

     

    11:00 on

     

    25 November, 2014

     

     

    Went to the Norwich testimonial on the Vogue bus. Left at shutting time on the Sunday night, carry out to help us through the night, arrived in Norwich for breakfast. I don’t think Tesco knew what hit them, 30+ hangovers looking for a full English, then off to the drinks aisle to stock up whilst

     

    waiting on the pubs to open at 11am.

  26. The Battered Bunnet

     

     

    11:17 on 25 November, 2014

     

     

    Davidopoulos

     

     

    Never have. Ed’s Diner was my vocation for 3 years though. Best job I ever had.

     

    ————————————————

     

     

    Know the feeling. I still long for the days when I worked at WH Smith. Mind you that was just at weekends, and I had a grant bank rolling my “standard of living”. It feels like I’ve never been better off than I was back in those days. And I didn’t work the days Celtic were playing!