The SPL deadline for clubs to provide information on improper registration of players was six weeks ago today but the league has yet to report findings to clubs, while the chief executive rallies support to allow a Newco access to the league.
Time has expired on this policy of non-disclosure until it’s too late.
If the SPL chief executive ever tells us that Rangers fielded improperly registered players between 2000 and 2012, resulting in years of 3-0 defeats being awarded, there will be an enormous amount of anger, not only among supporters, but in boardrooms across the country, as they ponder money which was rightfully theirs but which went to Rangers – perhaps including Rangers prize money for finishing second this season.
We have made an attempt to quantify this money. Some of the losses were easier to calculate than others. For example, it was easy to calculate that when Rangers won the title in 2009 with improperly registered players, earning automatic qualification to the Champions League group stage, they denied Celtic £15m European earnings, plus £340k SPL prize money. Other losses are less clear, specifically when a club was denied a place in a qualifying round for the Champions League or Uefa Cup, which they may or may not have progressed from.
We have established three figures for each club in the SPL during the season just finished, to cover the period from 2000 to 2012:
Minimum loss:
The absolute minimum each club was denied from European and SPL prize money as a result of Rangers finishing above them with ineligible players.
Weighted loss:
The figure based on Scottish clubs gaining entry to Champions League/Europa League (Uefa Cup) group stages from 20% of their qualifying campaigns (which is slightly less than trend).
Maximum loss:
The maximum a club could have achieved if it qualified for the European group stage it was denied entry to.
Out estimates take no account of the subsequent effect money has on future years. For example, If Celtic earned an additional £15m from entering the Champions League group stage in 2009-10 their league challenge for that season would have been £15m stronger, and Rangers £15m weaker, potentially resulting in consequences in future years.
This multiplier effect would have benefited Celtic but it would be likely to have a greater effect on other clubs, some of whom would be denied the enormous percentage increase in budget automatic qualification to European group stages would have brought.
Hearts finished immediately behind Celtic and Rangers more often than any other club over the period and suffer the greatest potential losses, even more so than Celtic. Hibernian, Aberdeen, Dundee United and Motherwell also suffered significant losses.
Several clubs got nowhere near European football over the period, and some of the 11 spent only a few years in the SPL but each club lost over £1m.
Figures for each club are:
Hearts
Maximum: £72.3m
Weighted: £16.3m
Minimum: £6.2m
Celtic
Maximum: £46.7m
Weighted: £21.9m
Minimum: £17.4m
Hibernian
Maximum: £34.8m
Weighted: £8.4m
Minimum: £3.6m
Aberdeen
Maximum: £21.1m
Weighted: £5.5m
Minimum: £2.7m
Dundee United
Maximum: £20.8m
Weighted: £5.2m
Minimum: £2.4m
Motherwell
Maximum: £16.7m
Weighted: £4.4m
Minimum: £2.1m
Kilmarnock
Maximum: £5.1m
Weighted: £1.9m
Minimum: £1.3m
Dunfermline
Maximum: £3.4m
Weighted: £1.8m
Minimum: £1.5m
Inverness
Maximum: £1.3m
Weighted: £1.3m
Minimum: £1.3m
St Johnstone
Maximum: £1.1m
Weighted: £1.1m
Minimum: £1.1m
St Mirren
Maximum: £1.1m
Weighted: £1.1m
Minimum: £1.1m
In the event Rangers fielded ineligible players during the period under consideration, which everyone apart from Neil Doncaster knows, and even he will be unable to deny next week, we know the following:
Rangers received a minimum of £40.9m which should have gone to the 11 other clubs, assuming each club lost all their European group stage qualifying campaigns. This calculation does not include earnings from clubs now in the Scottish Football League, such as Hamilton Accies or Dundee.
If Scottish clubs progressed to the group stages of European competition on only 20% of their qualifying campaigns the loss would be £69.0m.
The figure for total potential losses if clubs successfully progressed to every European group stage is, as the figure for 100% failure, more illustrative than likely, but the maximum cost to the 11 SPL clubs is £224.6m.
Results will be changed, trophies can and will, be re-awarded, but these are the harsh financial consequences clubs, their lawyers and supporters, will consider when the facts are presented to them next week. The SPL executive has had six weeks to consider if there is sufficient evidence to commence disciplinary proceedings; they have failed to do so. They have failed you and every other football supporter in the land, while shamelessly pursuing an accommodation for the errant club BEFORE REVEALING THE FACTS TO YOU.
Time will be up soon, Mr Doncaster. You’ve had your chance but you have convinced no one. The people who really matter in this entire debacle are those who buy tickets for Celtic Park, Pittodrie, Easter Road, Tynecastle, Tannadice, Fir Park and the rest, they will hear the truth and read these figures. You have failed them.
You can read our calculations here. European income figures were sources from Uefa data.
Celtic’s disadvantage deepened when their winger John Doyle was sent off ten minutes into the second half for kicking the scorer, but there was an equaliser from Aitken, who was especially suited to a night of such fervour and force. Never bashful, Aitken was stimulated by the challenge of being in an outnumbered line-up.
From Celtic: A Biography in Nine Lives, by Kevin McCarra.
You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.
The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.
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Fek me,is this Olympic torch code name for the Ark of the
Covenant or the Holy Grail.
Sick of hearing aboot it already.
Monaghan1900
I think there is a TV programme that night.I wonder.Slan
I fart in your general direction Voguepunter
Monaghan1900 on 18 May, 2012 at 18:53 said:
From Edgar Blamm on RTC:
G4S advertising for extra security staff at Ibrox on Wednesday?
http://www.gumtree.com/p/jobs/security-staff-required-for-short-term-contract-in-glasgows-south-side-wednesday-23rd-of-may/102688216
share on F’book or Twitter
for just after the BBC programme airs!!!
Aye…I know what you’re saying is right……but I am incensed by this blatant continuation of criminality unchecked & abetted by the msm.
(I’m also in the process of givin’ up ciggies…….)
Rocket Man on 18 May, 2012 at 19:01 said:
Take that back.
I’ve had to tell my wee bhoy to cut out the “……..when Rangers die” songs when he’s out playing – you never can tell what could happen in ML2. His answer was along the lines of “we hate Rangers though, don’t we Dad”.
I keep trying to get that stuff out of his head (for his own good) and tell him that I dont hate anyone and just love Celtic and don’t care about what Rangers do. I try to tell him that he should love Celtic and forget about any other team.
I just got that look that only an 8 year old can do – the one that says “haw da! I know you’re talking sh*te, and you know you’re talking sh*te but I’ll just go along with you ’cause you’re my Dad”.
Starryhope
I hope it’s just a flesh wound VP
Tony McKelvie @TonyMcKelvie
Without a CVA, RFC cannot hold the players to contract, largely because RFC cannot honour the contracts. They are free to go. Free. Bye Bye
Free I tell you, freeeeee…
Or alternatively: They’re digging in the wrong place!
Rocket Man on 18 May, 2012 at 19:04 said:
Smells more like burning flesh.
Miki67
“Keevins states he has scant knowledge”
At last … Hugh tells the truth.
Hail Hail
What is your favourite colour?
What is the air-speed velocity of an unladen swallow?
I appear to have started the quiz early! Apologies!
monaghan1900
Could it be the arrival of the Olympic Torch in Govan? Given that it owes its provenance to the Nazis, and 1936, maybe the blue hoards see it as a sign of a new awakening.
What if the newco got into the SPL as mentioned earlier and those clubs who didn’t want the newco decided to split on the point of integrity what would UEFA do? Force them to join a league with no integrity or over rule the SPL?
Fanadpatriot
Magnificentseven
For some reason (stupidity perchance) I had it in my mind that the programme was Monday. Makes sense now. Next week should be great.
HH
So Green comes along knowing a CVA is a no go with a pence in the pound deal but ensures Whyte gets his shares back when it is declined.
For the stupid huns, he did not say the deal was off only that Whyte kept his shares. Whyte will remain the owner, he just has more mouths to feed from any money rangers make.
Craigy Bhoy plays another blinder.
Thank you for the several responses to my earlier post. I don’t post much but I lurk and lurk, and enjoy everything that I read on CQN. The leaders and responses are the best that can be found anywhere in Celtic or otherwise minded cyberspace.
One thing though, nobody has called me a Hun yet. Is that good or bad?
Hail!! Hail!!
KevinBhoy.
(as opposed to the respected Kelvinbhoy who has an L in the middle) :-)
Celtic Mac
Could well be. Any ideas for use of the torch?
KevinBhoy on 18 May, 2012 at 19:17 said:
Kevin I hate to be the one to ask you this but are you a currant bun??
KevinBhoy on 18 May, 2012 at 19:17 said
beat it ya hun :-)
Stoap shouting Wulllyuum…
Craig owns yer club!!
KevinBhoy on 18 May, 2012 at 19:17 said:
KevinBhoy,apologies for misreading your name.
Thought it was too good a post for Kelvin.
hail hail
Wee Craigy has played a blinder. He has ended the huns.
Craig Whyte – The Man Who Shot Liberty Takers.
In our stinkin’ Kapitalist system it always comes down to this :
“Show me the money!”
Sad.
Green Lantern (((((0))))) on 18 May, 2012 at 19:22 said:
>>>
You assume everyone knows Westerns? Jack Palance?John Wayne?
: )))
HH!
Why do Celtic supporters listen to radio Snyde ssb?
Thier anti Celtic agenda is blatant.
Why make yourself angry?
Ned Flanders trying to convince us that it is a complicated process to establish if a player had more than one contract!!!
What’s difficult about it?
Starryhope
KevinBhoy on 18 May, 2012 at 18:27 said:
……………………………………………………
Don’t worry about being called a hun.
I get it almost on a daily basis.
And I get called a hun almost on a daily basis as well.
P.S. Ghreat post. More of the same please.
Hail Hail
lorbobo on 18 May, 2012 at 19:27
Anger is an energy.
The Sniveller showing everyone his scants.
KevJungle – “1st Flag on the JUNGLE roof for LENNON’S LION’S” on 18 May, 2012 at 19:27
In the words of the great Mahn…
“Aye but you are wan!!”
HAil Hail
Balram Chainrai makes offer to buy Portsmouth
By Nabil Hassan
BBC Sport Former Portsmouth owner Balram Chainrai has made a firm offer to buy back the debt-ridden League One club.
Pompey are currently £58m in debt after previous owners Convers Sports Initiatives went into administration.
Chainrai is owed around £19m by the club but previously stated he would not let them be liquidated.
“I’m a businessman but I realise that the club will only have value if it is successful. I now want to turn things around,” said Chainrai in a statement.
Administrator Trevor Birch, from PKF, revealed Chainrai’s offer was the only firm bid made for the stricken club, who could be out of administration by the start of July if Pompey’s creditors accept his proposal.
ANALYSIS
Tony Husband
BBC South Today sports editor “Chainrai’s impending third spell as the owner of the club has been an inevitable consequence of Portsmouth’s latest financial disaster.
“He’s owed around £19m and that debt would be wiped out with liquidation. Equally inevitable is a split among fans over his return.
“Some will welcome the promise to keep the club afloat, others who favour a clean break and a fresh start – albeit lower down the football pyramid – may stay away.”
The proposal from Chainrai would form the basis of a Company Voluntary Agreement (CVA) – the only way apart from folding that the club could get out of administration.
“Nobody wants to see this much-loved club collapse into either liquidation or administration again so it is essential that all parties work together to bring stability back to Fratton Park,” said Birch.
“It is the least that fans, staff and players deserve after the turbulence of the past few years.”
For Hong Kong businessman Chainrai it would be the third time he has become owner of the south-coast side.
“I now want to turn things around at Portsmouth and see the club regain its rightful position,” he added.
“The success of this goal can only be achieved if all parties with a vested interest in the club’s business work together.
“Let’s not be under any illusions though: we are planning to take on a club with severe financial problems that cannot be fixed overnight.
“I don’t have a magic wand but many important elements – a proud history, passionate supporters and one of the country’s top managers – are already in place and provide a strong platform on which we hope to build stability.”
A takeover by a Supporters’ Trust had been muted, while Birch said there may be another interested party in buying the club.
But, with time and money running out before the Football League Annual General Meeting at the end of the month, Birch and Chainrai have had to act to stop the club from being liquidated.
“PKF has not received bids from any other potential buyers and we do not expect any new bidders to emerge before the club runs out of money,” said Birch.
“The Supporters’ Trust is working hard to make a proposal but as yet is not in a funded position to make a bid.
“We’ve made it clear from the start that a new owner would need to demonstrate that it can not only fund a CVA that is acceptable to creditors but also cover the club’s ongoing operating losses.
“Only [Chainrai’s company] Portpin has been able to give us the necessary assurances that the funding will be in place. This is important because at some stage it will have to give the Football League those assurances too
Starry Plough @19:30
………………………………………………………………………….
Thats it!
Am gonnea tell ma ma mammy oan you!
Yah hun, back!
So there!
KevJungle – “1st Flag on the JUNGLE roof for LENNON’S LION’S” on 18 May, 2012 at 19:34
Thanks Kev I’ve been posting here almost three years and you’re the first to call me a hun..
Ah’m no a CQN virgin any mair!!
lorbobo on 18 May, 2012 at 19:27
Apologies. That was a rather flippant reply. But keeping an eye or ear as to what is happening in the mainstream (even though it is slowly dissolving) is important. Even though it’s horrible. A society has to have well maintained sewers. And our sewers need an eye keeping on them.
Wars, of any kind, are increasingly won or lost in the media. They must be challenged and, unfortunately, that means sometimes we have to listen to them in order to do so.
And I enjoy it in a theatre of the absurd kinda way.