It’s kicking off in all directions today but keep an eye on the English Football Association proposals to introduce a series of changes to lower league football. One option on the table is for Premier and Championship sides’ “B teams” to compete in a new structure with League Two and Conference teams.
The FA are eyeing an opportunity to allow the best young English talent, often cosseted in the youth squads of top Premier League teams with little chance of first team action, to be exposed to competitive games. The proposal includes a geographical split of northern and southern teams.
While the FA Premier League is bust by any known measure, the Football League is in an even worse financial state. Average income in the lower leagues is remarkably high but the steep pyramid-model, which has clubs chasing huge increases in revenue in the Premier League, leads to excessive over-spend.
With these proposed changes on the table the Scottish FA could do worse than discuss their own game’s future with their English counterparts. Well run Scottish clubs are hamstrung by their better-funded neighbours cherry-picking their best players for a relative pittance. Scottish Premiership clubs regularly cannot compete financially for players in England’s fourth tier.
It’s surely time to federate the top Scottish league with the English league structure.
Information slipping out of Switzerland this morning that Manchester City and Paris St Germain are each facing a fine of circa £50m for breaching Financial Fair Play rules is encouraging – if Uefa are able to deliver on the deal.
When you consider financially punishing an entity which owns the oil wealth of a sovereign nation the figure needs to be a big one. £50m just about hits the mark.
Apparently the Great Sevco Shakedown began this morning when the club’s first every goal scorer, Andy Little, was released. The news is harsh on the player but the club needs to learn the lesson – income needs to match expenditure.
Imran Ahmed’s court hearing today against Rangers International comes exactly three years after liquidation expert, Craig Whyte, was triumphantly welcomed into Ibrox, an ominous anniversary, for some.
Issue 20 of CQN Magazine, CQLisboN is out and enjoying great reviews. Click here to read for FREE.
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BRTH
Ok definitely my last word.
I find a few things utterly astonishing apart from what you mentioned already.
E.g things like merit of case. The scope of the judgement and the judge. The taking at face value of the testimony of the hun high heid yins based on his scope which seems to have an inbuilt suspicion of IA but not the hun board. Do you agree ?
My next question is do you know if there is a precedent in Scottish law where , somebody has won such a case where supposedly …we can speculate…. that there is less than 620k …the claimants figure in the bank account of the defender
Where the defender has no banking or ,credit facilities ? Or any credible ,reference from that industry with regards future performance ?
That the main source of hopeful income has many impediments to get that income due to how poorly it is performing. Forget the highly publicised Hunfund I.e no DD or CC usage is not taken into the judgement ?
If the scope is just what is in the mans head rather than previous established law principle then what’s the point ?
Last nights board meeting was where it was negotiated. I have no doubt about that. Did Lard ;-) Armstrong partake in this conference call ?
Going by todays performance it would seem so ?
HH
Man U highlights worth watching?
brt&h…
Re newspaper columnists and traducing folk…
The big question is IMO why on earth would the person traduced not shout from the rooftops?
Cathedral View
The Big Hoose HAD to stay open and a form of “Rangers” HAD to keep playing there. Hence the SPL giving them a place in the league and BDO allowing the sale to go ahead. Social unrest and all that…..
Justafan
In the words of Ian Brown F.E.A.R.
Should read SFL, but I don’t doubt the SPL were equally behind it!
BRTH
Mags Mc Gill has been trying to sell his
KOJORandomPostgenerator app to all the SMSM. It could replace the entire industry;-)
HH
dd…
I know where you’re coming from…
But in this instance I can’t see any fear involved.
Although any commentary can be passed off as opinion, what is not debatable is the authorship of the column and therefore the integrity (laughing) of the paper.
Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma
21:32 on 6 May, 2014
‘shown to be de facto impecunious as at today?’
###
The BBC report suggests the judge considered whether Sevco would be skint when any damages fell due ie not today, but some time next year.
It’s easy enough to imagine a scenario where someone has no funds today but might reasonably be expected to be in funds at a future date (think Billy Bunter and his postal order).
I suppose a written judgement will follow in due course that will clarify everything.
The Sevco board is hopelessly split. So too for the first time is the MSM sports departments. Expect this to blow up after cup final…supporting Sevco is killing them and some are now standing up to the lamb takers…
Newspaper columns by celebrities, politicians etc are normally ghosted.
I thought everyone knew that.
Justafan
Mr Turnbell at Raith Rovers, seems to be more concilliatory towards doomdome. Why?
ernie lynch
16:34 on 6 May, 2014
Makes you wonder where the board are going to get the extra money needed…I heard equity mentioned, but would that not mean ‘equity on ipox’…….selling the crown jewels….anyway, getting really interesting………SB OR NOT TO BE……fekin’ hilarious….their credibility went down the same pan as sally”s pies ages ago….hahahahahahaha…what next…!!
Man U have become a very ordinary team, almost overnight.
I have posted a few times re Sevco not getting any points deducted, and League Reconstruction if/ when The Pieman’s 11 finish 4th next year. After more of the Dark Arts ,which were on show yet again today, maybe some may start to agree with me.
All the best of luck to John Kennedy and his squad for the game against Dundee United.
An absolute credit to the green & white he is.
I will always maintain that John was the best defender that I have ever seen.
Future manager of our magnificent football club?
Let’s hope so.
HH.
67H
Your post has scarred me.
Sally’s toilet habits. ;))
Ernie
Well read old gits know that.
Most people don’t really know much at all.
I thought everyone knew that.
16roads
Hope so too bud.
The grandson of one of our greatest ever players. ;)
Having one of my random thoughts here so please indulge me.
Everyone , and i mean everyone seems to agree that one of the main reasons for Operation Open Hoose in 2012 was the prevention of civil unrest .
Now , 2 years later ,we seem to be heading in the same general direction but this time
1. Armageddon has been shown to be a myth
2. Govan support is , almost , irrevocably split
3. Brother is arrayed against brother (MSM and otherwise)
4. Associated costs related to their assets have risen
5. Value of their assets has plummeted
6. The world knows they are but a shadow (or ghost) of their former ‘glory’
Anyone think that if they fold this time there will be the same clamour to b ring them back ?
I don’t and I , for one , am hopeful it stays that way.
Don’t often indulge in footy politics but thought i would make an exception .
Sanna
” I read the newspapers avidly .They are my favourite form of fiction ”
Aneurin Bevan
DD – I never knew that JK was Jimmy Delaney’s grandson chief, to be honest with ye, just googled it there now.
Thanks for the information mate.
HH.
Delays Dunkey
Folk speak from their own position of informed understanding. I think TH is simply reflecting his.
To add mine I posted as follows on Truth and Reconciliation and SFA/SPFL governance. It is through these exchanges we become better informed .
Auldheid says:
May 6, 2014 at 9:07 am
Jean Brodie 8.22
What truth and reconciliation do is to prepare the ground for forgiveness.
For forgiveness to apply a wrongdoing has to have occurred and recognised for what it was by both wrongdoer and victims.
This is where Tutu ‘ s point about truth comes into play and why it is necessary to seek and set out the truth.
There is a problem in identifying the wrong because a number have occurred and in identifying the victims because there are different victims of different wrongs.
I go along with TH in that some of the wrongs were honest mistakes driven by fear but some were deliberate decisions to conceal wrongs. All wrongs though can be forgiven but recognising them in their depth, extent and nature is a pre – requisite.
There is also a need for justice that comes from recognising the self respect of the victims, but in an environment of real truth and reconciliation that need can be tempered by mercy as the anger at self respect being denied (and as long as the current charade of refusing to recognise the truth continues, so will the anger) is finally recognised.
However the conditions for that environment need to be created first and unless they are there will be no moving on, just putting an elastoplast over an uncleaned weeping wound.
And
May 6, 2014 at 9:30 am
TSFM
I thought the podcast very useful in bringing out the issues that cause us all to gather here.
I have said a bit about Truth and Reconciliation and why it is the only healing way forward but TH brought out his view about SFA and SPFL structures that I think needs exploring.
I recognise some of the changes from the McLeish Review were welcome but as the issue of SPL membership, SFA membership etc was being dealt with it seemed to me that no one had ultimate authority to dictate a way forward.
There was a statement by Stewart Regan at one point that suggested the SFA were powerless to act . It was probably in a particular context but it seems to me that there is a strong case for revisiting the roles and responsibilities of both organisations to identify where the existing structures failed to meet the challenge presented by Rangers demise.
For example there seemed to be no champion, in terms of structure as opposed to personal quality as exemplified by TH, for sporting integrity.
It seemed that all that bothered both SFA and SPL was the immediate commercial fallout from Rangers demise. Had their been a sporting integrity champion as in a unit in say the SFA to argue for it, then the 5 way agreement might never have got off the ground.
Given that all that did was put the successor of the liquidated club into the hands of Charles Green then the case for having a sporting integrity capacity built into the structures seems obvious to me, but it is but one aspect of the structures that never gets a mention.
What is needed is a lesson learning review leading to recommendations for change that will provide for proper professional governance of our game.
Forgot to say ,
Almost machiavellian in it’s construction and execution IF it was planned , wouldn’t you say ?
Sanna (Niccolò csc)
Neganon
re the tentacles of Sectarianism — trust me when I say that I have had experience of how far they reach and how dangerous such an attitude can be in the hands of an idiot who supposedly holds a position of prominence. I can also say that I have knowledge of and have seen the records of one of the so called greatest of Scottish Institutions being changed to protect a sectarian bigot or to protect the institution concerned who employed the bigot concerned.
As I personally was the subject of the bigotry and idiocy concerned, I had a vested interest in following the matter through to a conclusion — which conclusion was that the idiot concerned was removed from his post– though whether he was shunted to some off shoot I will never know.
By the way the person who pointed out that the bigot concerned was in fact an utter uber bigot was the grandson of a Rangers FC director and at the time was a Rangers season ticket holder and shareholder.
I can only take people as I find them.
Awe Naw
Re what you say.
First, I don’t think the test here is whether you prefer the testimony of one side or another. The test is whether there is evidence before the court which shows that the club is de facto insolvent and in such a financial position that merits the arrestment of monies on the dependence of the Ahmed court case.
Where i find the judgement odd is on the seeming reliance on the supposed willingness of the investors to step in to protect the company. I think that is a nothing statement, carrying little weight and of only minor significance. On the face of it the company has no credit, reducing finances and so on — is that enough to warrant an arrestment?
Hmmm don’t know– I would need to hear the whole thing, but i don;t think the statement that rich guys will come to the rescue if it all goes pear shaped is very persuasive unless that becomes a formal undertaking.
Where the defender has no credit or banking facilities, in my opinion, automatically puts you on notice that this is a defender with financial difficulties and so it would be for the defender to bolster their position and rebutt the presumption that the company was in trouble financially and may have a problem.
But is it insolvent?
Tell you what though, I will come off the fence and and say that I would probably have granted Ahmad’s motion.
But then again I am not your average judge…………. Thank God.
16roads
Aye, a Celtic, Man U and Derry City legend!
We seem to be struggling to beat the young thems
My understanding is if we lose they could still win the u20 league
They have no money
They have got rubbish facilities and infrastructure
We have invested millions in our youth recruited by the great John Park
Are we just wasting money just because we can afford it?
Our youth system doesn’t appear to be giving value for money
Where’s the new McStay, Nicholas, Dalglish
We are from all over europe – the best of the rest
And thems are from Scotland an NI public park youths
Auldheid
Good post. Thanks.
Charliemac
Is there an age difference?
We seem to have loaned out our best young players.
Anyone know?
DD – And a didn’t know that JD also played for that Derry mob either!!
It’s always an education on CQN.
Slainte.
COYBIG:
http://m.youtube.com/watch?v=qGm2oS0ulJs
BRTH. Nuff said…..
Morning Timland from a very warm hun free mountain valley.
BadaB
I have been posting on here for a few years now, way before they went into admin, and back then, I always said that things would get political, it would end in court cases, and that the cabal would protect them as far as they could.
I was mocked for suggesting that the politicos would get involved, I was told that I was paranoid and deluded that I thought that the establishment would protect them.
We have seen the establishment bend over backwards for them, the politicos have even lobbied parlament on their behalf, administrators have broken every rule in the administrator rule book, liquidators are currently breaking the liquidator rule book, strange court judgements are still going in their favor, all in a day of the hun.
I was even barred from the RTC blog for saying that they would win the tax case, my reckoning was the establishment would see them right, no other reason, and I, along with many others were correct with that, just like everything else re the establishment and the hun, sadly.
I believe you >}
HH
Anyway,
As the late Joe Hughes fae Hughes Dowdalls used to say about this legal game ” Listen son, remember at the end of the day this legal malarkey is all a cod!”
Just a fleeting visit, things to do early doors.
Sleep well Bhoys and Ghirls
Take care and god bless all of Timland.
HH
KTF
BRTH
I was surprised the ruling was so definite. As you say admin would mean he would get nothing anyway. The prospect of Armstrong putting them into Administration WAS NEVER GOING TO HAPPEN. Only for HMRC as there is no choice . I bet his written judgement has him in the running for Scottish sports writer of the year. ;-)
HH
two questions IA QC should have posed:
1. Can the defendants produce contractual loan notices showing current investors have agreed to provide continuing finance by way of access to debt finance?
and
2. Can the defendants produce written contractual assurances that current investors have agreed to purchase additional shares under a second share issue should such a need arise?
As these would no doubt satisfy his lordship of the surety (or otherwise) of the suggested funding arrangements that my client should rely upon.
but
his QC did not.
Lesson for IA. They’re all part of the problem and probably all 3 legals were on the conference call!
HH
https://twitter.com/etimsnet/status/463793574010580992
Spot the hilarious bit……hahahahahahaha
While we are on the subject of legal shenanigans etc here is a story worth reading ,the link has 3 pages
http://www.irishtimes.com/news/crime-and-law/how-two-lawyers-ended-up-on-opposing-sides-in-1916-1.1781582