SFA, The Offshore Game, flogging assets

616

The SFA surprised many by refusing Mike Ashley permission to buy up to 29.9% of a second club.  As I said earlier in the week, don’t get too hung up on this one.  Ashley could play The Offshore Game, like the anonymised Blue Pitch or Margarita, or he could just do what he’s already done, ignore the SFA and underwrite the share issue anyway.  What would the SFA do?

Well, they could impose the ultimate sanction, but that’s unlikely.  They could impose a heavy point penalty, enough to ensure the club are not promoted this season, and refuse to register signings of players older than 21-years.

It’s perhaps more likely that Ashley will loan the money required in return for whatever assets are left.  Oldco went out of business a few months after they were sold to a liquidation expert.  The path newco will follow down the lavvy will be different.  Like any other squeezed business, they will redeem assets, sell the training fields, and the stadium, before putting themselves into the hands of a liquidator.

As for long-term financial viability, does anyone think this looks likely?

Sale starts today on CQNBookstore, fill your boots!

Click Here for Comments >
Share.

About Author

616 Comments

  1. sid

     

     

    Yes there were circumstances that may have affected his performances. However, I don’t think, based on how he played in a hooped jersey, that it’s unfair to say that he was poor in his first season and good in his second.

  2. My 7 year old daughter could push Kelvin Wilson off a ball,weak as water,same as Loovens who couldnae punch their weight ,when it came to it.

  3. Natknow

     

     

    I had been working in Germany in ’76-’77.

     

     

    They were all still listening to Floyd and Ten Years After over there.

     

     

    I came home to my Zep, Purple, Bowie, Roxy stuff, and there was my wee diddy

  4. Awe_Naw_No_Annoni_Oan_Anaw_Noo

     

    23:04 on

     

    26 December, 2014

     

    1. Black and White

     

    2. Rattus Norvegicus

     

    3. No More Heroes

     

    4. The Raven

     

    5. 5 minutes live Album

     

     

    the rest are not worth ralkung about in the above company

     

     

    HH

     

    ———————-

     

     

    For sentimental reasons I’d include MenInBlack and La Folie but I think you make a valid point. :-)

  5. Dearie me, another saviour to the rescue.

     

     

    Quite a few Dearie me’s of late.

     

     

    Whit they like, I will tell you this, the movie will be a sure fire blockbuster :)

     

     

    HH

  6. As for long-term financial viability, does anyone think this looks likely?

     

     

    George Taylor

     

     

    Co Hamilton /ChapelHall Ind est Doubt it

  7. CowieBhoy, if I can get another phone fixed up, not charging!

     

    If not will leave a note here.

     

    EmbraMike, looking forward to it.

  8. beatbhoy

     

    23:08 on

     

    26 December, 2014

     

    Natknow

     

     

    I had been working in Germany in ’76-’77.

     

     

    They were all still listening to Floyd and Ten Years After over there.

     

     

    I came home to my Zep, Purple, Bowie, Roxy stuff, and there was my wee diddy

     

    ————————————-

     

    All good bands dude. Even the diddy ones! :-)

  9. . . . My wee diddy of a brother playing Rattus Norvegicus.

     

     

    ‘Git that shit aff. They cannae sing or play’, I declared.

     

     

    2 days later, he couldn’t get me to put it off, and Zep, Floyd etc remained unplayed for about 5 years.

     

     

    Changed my musical taste, did those bad boys.

  10. If as was suggested the other day the faceless ones behind the scenes at the”hate factory” were not prepared to share the pie with Ashley ,hence their res9 getting voted down,there is absolutely no,zilch,nada, hee haw chance they will give 30% to park & co.

     

    desperate times for huns that are powerless to do anything about the spivs knawing at their marrow.

     

    I shouldn’t be so pleased about it but :))))))))))))))))))))))))

  11. The Spirit of Arthur Lee on

    Kelvin Wilson makes Daniel Majstorović a super duper centre half

     

     

    I blame an overdose of Mulled wine

  12. beatbhoy

     

    23:13 on

     

    26 December, 2014

     

    . . . My wee diddy of a brother playing Rattus Norvegicus.

     

     

    ‘Git that shit aff. They cannae sing or play’, I declared.

     

     

    2 days later, he couldn’t get me to put it off, and Zep, Floyd etc remained unplayed for about 5 years.

     

     

    Changed my musical taste, did those bad boys.

     

    ———————————-

     

    :-)))

     

     

    The band always got a great reception in Scotland. I’ve never seen them without Hugh. Friend of mine tempting me to go along see them soon. Not sure though – feels like a tribute band to me!

  13. So, another saviour on the horizon for the team formerly known as ….

     

    Personally, I think the circus is about to bottom out.

     

    I suspect there will be a third player, possibly fourth to emerge, but for any astute business guy, much of the hard work has already been done

     

    – costs have been cut, albeit more is needed

     

    – expectations have been adjusted , again a wee bit to go

     

    – crowds have fallen, but there is now a degree of predictability on ratio of crowds vs performance.

     

    – media have backed their horses

     

     

    Interesting next few weeks.

     

    Are bidders lbudgetting on promotion this season or next?

     

    Serious players, will take a 5year + view and won’t be too bothered by promotion this season or next, but, they will factor performance into their numbers.

  14. Natknow

     

     

    Naw, too many good memories of the Apollo gigs.

     

     

    Don’t want to tarnish them.

     

     

    Rock’n roll, especially Punk, a young man’s game, apart from listening to it, of course. Any age you’re young enough for that.

     

     

    But 60/70 year old multi millionaires singing ‘Street Fighting Man’ ?

     

     

    Nein, danke!

  15. Hamiltontim.

     

     

    Yes fair comment, no doubt about it, my point is if a player has really good performances, then is rotten for a period, or vice versa, there is usually reason’s for it.Injuries,personal, systems etc.

  16. Bada

     

     

    I’m convinced it’s only you and I who watch our players at games :-)

     

    Put it this way, Doc, watches a different game usually – roaster

     

    100% with you on Wilson, softest centre half I can remember, hence reference to a donut, had pace though, like Efe ?

     

     

    Hail Hail

  17. Does the latest Huns news(and SFA knowledge) mean that the SFA made their decision to hinder Ashley rather than stick to the rules?

  18. beatbhoy

     

    23:23 on

     

    26 December, 2014

     

    Natknow

     

     

    Naw, too many good memories of the Apollo gigs.

     

     

    Don’t want to tarnish them.

     

     

    Rock’n roll, especially Punk, a young man’s game, apart from listening to it, of course. Any age you’re young enough for that.

     

     

    But 60/70 year old multi millionaires singing ‘Street Fighting Man’ ?

     

     

    Nein, danke!

     

    ————————–

     

    Agreed bud!

  19. Phyllis Dietrichson on

    Travelling home to the Dear Green Place tomorrow – if anyone is on the Manchester train (stopping at Wigan 11.43) I’m buying.

  20. Ye olde MSM

     

    getting a tad desperate with the last throw of the dice by”bears”

     

     

    Matthew Lindsay‏@MattLindsayET

     

    Reckon Rangers fans will storm the front doors of Ibrox if the board turn this offer down.

     

    To which a bampot responded

     

    “Last 2 demos organised they delivered letters to a door with no letterbox

     

    And march to Hampden when shut”.

     

    Goodnight all even the Roasters :)))))

     

    Ps

     

     

     

    TraceAgent‏@TracingAgent

     

    Sevco have said they need £8million, so 3 guys offer £6.5? Magic, they sound perfect. FFS.

  21. ....PFayr supports WeeOscar on

    £6.5m…

     

     

    Papering over the cracks

     

     

    They need a radical financial overhaul…clowns throwing money at this busted flush will simply prolong the entertainment

  22. The Spirit of Arthur Lee on

    My first Apollo gig was Madness and i was at the last gig in the Apollo The Style Council

  23. sid

     

    23:27 on

     

    26 December, 2014

     

    Does the latest Huns news(and SFA knowledge) mean that the SFA made their decision to hinder Ashley rather than stick to the rules?

     

    looks like it :))))

     

    3rd rankers tick tock

  24. ....PFayr supports WeeOscar on

    Btw ….Ashley will be delighted if some loonballs kept Sevco afloat ….he can continue to knob them with the kit deal without risking his own cash

  25. phyllis dietrichson

     

     

    Safe trip sir and I’ll see you soon.

     

     

    Sid

     

     

    Yes I’d agree with that. I also think we’re too quick with the ‘he’s pish/ brilliant’ analysis based on just a couple of good/bad games.

  26. Sipsini

     

     

    You hobknobbing it the morra or in your ain seat ? Be good to see you Bhud, now that ACGR has outed you :-)

     

     

    Pfayr, sorry forgot you also watch same players as Bada and I :-)

     

     

    Hail Hail