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!
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There is zero return for any new investors at Poundland, Ashley and Challs have control of the money makers.
Bada bing
Zero return for them ….
Quite good for us
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS
23:27 on
26 December, 2014
Bloody wild out there tonight.
Offski to paddle my own canoe!
feck that u will need 2 kegs of the black stuff in your pockets to keep you from flying away
Hee Hee
the spirit of arthur lee
23:31 on 26 December, 2014
My first Apollo gig was Madness and i was at the last gig in the Apollo The Style Council
——–
All that time just to sweep up after one gig!?
HT
Tut Tut Sir
There would be no punk rock without those millionaires. Selling black American music to white America which was the first great rock and roll swindle ever. Why should their youthful art be tainted by success or is it just age ? Or both ?
HH
I take it that’s the same Donald Park, who got a ban at Tynecastle ( he was director at Hearts once) for locking a referee in his changing room after giving a decision against his team ?? Allegedly of course
Hail Hail
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS
23:27 on
26 December, 2014
Bloody wild out there tonight.
Offski to paddle my own canoe!,
Hey, don’t give anyone with the name Struth a lift….
ByGodStruthCSC :-))0
The perils of signing players.
amazes me that businesses would gamble money on some of these characters. There’s so many unfathomable things that can go wrong, it’s people after all.
Could be anything that upsets the plans: lingo, homesickness, the other players taking the hump…anything.
Anyone read Sutton’s book? He talks about missing an easy chance and his confidence, as a result, in a pre- season match in Scandinavia soon after leaving Blackburn !
The guy was a top striker, that m, Chelsea had spent £12,000,000.00 on and he was so fragile he couldn’t recover from a meaningless miss.
Thank goodness he scored at Tannadice.
Spokesman : “Why on earth would anyone not want a hugely successful businessman like Douglas Park involved?”
Letham was the guy who already loaned them money and hasn’t got it back yet, no?
Until we meet again…
Keep the Faith!
Hail Hail!
Yip Nytol
Hail Hail
cowiebhoy,
I’m hobnobbing it tomorrow in the number seven, my bhoy and his mate will be in our seats in 109, my daughter will be in the main stand with her friends, I’ll give them a wave :))
I’ll bring programmes down to the corner, as most just leave them anyway, catch you tomorrow mate.
That Hull goal against Sunderland has got to be the first goal in 20 odd years that was purely down to the pitch. Cue loads of other examples :O) or maybe not lifes to short
Is this bid a lot of pash and merely a way to mount pressure on the board? Is Matthew Lindsay’s(currant bun) incitement tweet to stir up the Klan?
Not read back…
Paul
Was it such a surprise that the SFA refused to authorize Ashleys increase in stake in Sevco?
When they have a disciplinary hearing due soon against Ashley & Sevco for exceeding the previously agreed club stake and board control, could they really pre-empt that hearing by telling Sevco/Ashley they could go ahead and do precisely what they have been summonsed to the Star Chamber for doing?
Just asking like.
Rwe
he did not exceed the agreed shareholding but biard control yes. He should not have any according to the rules. They are all bent.
HH
natknow,
Through the past few years of the hun demise, the one that always stuck in my mind is…you wouldn’t touch them with a shitty stick.
It has become apparent nobody will help thems now unless they can make a few bob out of it, they have been raped, pillaged and shafted to the extreme, that they have nowhere to turn to without being rogered again.
Payback tenfold.
Long may it continue.
HH
Wee RichWil spinning Sevco pash since 2012. Promoted from Herald to BBC to carry on his fairy tales..
Shocking a national broadcaster allows this ..
I see him in tears in his room,banging his keyboard, surrounded by minty pictures..
Utter drivel..
No one ever mentions the repair costs at poundland pending,or how they got to host the commonwealth rugby..
Journalism is shocking ..
Can’t wait for game tomorrow..
HH
sipsini
00:07 on
27 December, 2014
natknow,
Through the past few years of the hun demise, the one that always stuck in my mind is…you wouldn’t touch them with a shitty stick.
It has become apparent nobody will help thems now unless they can make a few bob out of it, they have been raped, pillaged and shafted to the extreme, that they have nowhere to turn to without being rogered again.
Payback tenfold.
Long may it continue.
——————————————-
Can’t argue with that. :-))))
ANNAOAN
Very bendy.
But even a very bendy person would see how stupid it was to summons them for breaking a rule, but before that hearing takes place – agreeing in a well advertised and high profile meeting that they could carry on and raise their stake, making the disciplinary hearing nothing more than a pantomine.
Mind it is Christmas and it is the SFA and Scottish football..
Aye they did, Naw they didnae, Widow Twankie meets Aladdin
arranmorebhoylxv11,
Titter ye not!
AR
Seriously, this unfinished story is a classic. If any of our churnalists really wanted to have a go at it, this is probably (definitely) the biggest story in the history of UK sport. From back to the early nineties right through until today and possibly beyond, there is a story that would almost certainly lead to several high profile figures going to jail and many others working at her majesty’s pleasurable institutions. Little wonder no one wants to touch it with a bargepole.
Wouldn’t mind reading the book right enough.
AR
Morning all. Can I ask you bhoys and ghirls to say a wee prayer tonight for my father in law. This morning we were called to the hospital and told by the doctor that we need to prepare ourselves as he won’t be coming out. They are easing the his pain and keeping him comfortable. My father in law is a bluenose but he is a man who I am proud to say has been my friend for over 27 years. Dougie Craig I love you mate.
HH
KTF
UTLR
Antipodean red
try Filth by Irvine Welsh
HH
Awe _Naw
Or neither?
Their youthful art remains untainted. Listen and encourage others to listen, any age.
But the youthful anger/ frustration, which often lay behind their art, is no longer there, for me anyway, when they perform live decades later.There is a credibility gap, but, if you can get past that, pay the over-inflated ticket prices if you like.
Anchor butter adverts, and “Pretty Vacant”, anyone?
My weans are all out to night.
waiting on the call to lift them.
Come on The Hoops
mighty tim supporting wee oscar,
Sorry to hear that mate, your family has had a torrid time of late, I’ll be saying a prayer for Dougie tonight, hope he can pull through. HH
“Same rules apply”. D S Robertson
“no rules apply”. SFA President Campbell Ogilvie.
Mighty tim. Your father in law despite his football leaning is clearly a friend and loved one. I’m not religious but will think about you and your family tonight.
HH
beatbhoy
00:36 on 27 December, 2014
When your art becomes history and it changes the world for the better then yes I can still get off on it even live in fact more so I appreciare the visceral aspect is diminished. I would rather be a Keef or Chuck than a Jimi or a Kurt.
HH
Ok, seriously RD, emphatic victory tomorrow, and build a comfortable points gap before Inter ties.
Hail Hail!
Awe _Naw
And there’s nothing wrong with that. It’s just not for me, mate.
They all have their time, and if you catch them then, it’s wonderful, and you’re lucky. If you think they can still do that years later, great, and enjoy.
And I’m certainly not going to dispute your last point!
Rock on!
Mighty Tim.
Prayer said for your father in law.
My father in law was also a bluenose but he was also my friend ,loved the guy.
They ain’t all bad eh.
Mighty Tim
prayers said sorry to here that…
God Bless
HH
Thanks bhoys I appreciate your kind words and thoughts.
Newradbhoy they ain’t all bad right enough mate.
Skyisalandfill thank you.
Sipsini J yep been a tough year mate be glad to see the back of it. You up for CQN 11 I am thinking of taking a table.
Butsybhoy thanks P. For your Maryhill valley I will raise you a cadder young team. HH
Thanks again bhoys.
HH
KTF
UTLR
Mighty Tim
Prayers said.
God bless your family.
HH
mighty tim supporting wee oscar,
Ye. Defiinately as is jtt, take care and pass my regards to your good lady. HH