The John James blog has of late thrown up many hooks to hang our theories on and provided much food for thought on the Rangers issue.
His casual invective against individuals, particularly Dave King, and often members of the Bench is not particularly SFM-like in its approach, but despite the industrial nature of much of the discourse, the value of his work cannot be denied. Read More
LNS is currently back in the headlines. It might therefore be a good time to try to set out a timeline describing correspondence we had with the representatives of the authorities over discrepancies and anomalies that appeared to have arisen. None of this is necessarily predicated upon the recent findings of the CoS in the Big Tax Case, but stands on its own.
Back in February 2014 The Scottish Football Monitor wrote to Harper MacLeod, the law firm that the SPL had engaged to gather evidence for the Lord Nimmo Smith (LNS) Commission investigating the full and proper registration of players paid by Rangers Football Club under Employee Benefit Trust (EBT) arrangements.
It has recently been suggested to me quite strongly by two separate Finance Industry experts that no matter the outcomes of the forthcoming criminal trials into the sale of Rangers and the subsequent disposal of the liquidated assets, it is highly unlikely that the sale will be reversed. In fact BDO (the liquidators of Rangers) see the path of least resistance to any remedy (if guilty verdicts are returned) through the professional indemnity insurance held by organisations involved (I am choosing my words carefully here to comply with the rules surrounding the court case). Read More
David Low spoke to SFM today about the latest focus on Rangers Oldco, but thinks that Dave King’s words about Oldco being the real Rangers matters less to King than the increasingly improving health of the Oldco, now in liquidation.
In the last week it has emerged that HMRC may have lost their appeal against the improper use of EBTs, and that coupled with Dave King’s £20m claim being thrown out, has reduced liabilities so dramatically that Oldco could be solvent – especially if the asset sale from Oldco to Sevco Scotland is overturned as a consequence of current criminal proceedings involving all parties to that sale. Read More
“Anyone read Michael Grant’s article in The Times? Only saw a pull-quote but the headline is about not everyone cheering for Celtic to European success since the financial windfall will put them too far ahead of the other clubs. It’s that old UEFA distribution thingy. Auldheid had a sensible alternative a while back.”
Thanks Danish Pastry for giving Big Pink the opportunity to nudge me (over a coffee I paid for – so how’s that for redistribution of income? 🙂 ) to blog again on the issue of redistribution of UEFA money whilst he was advocating gate sharing as an alternative. Read More
Over the past couple of years, we have built a healthy, vibrant and influential community which recognises the need to counter the corporate propaganda spouted by the mainstream media on behalf of the football authorities.
The media have, not entirely but in the main, been hostage to the patronage of those in charge of the club/media links, and to the narrow demographic of their readership. Despite a continuing rejection of the media’s position by that readership (in terms of year on year slump in sales) there is an obstinate refusal to see what is by now inevitable – the death of the print media. The lamb metaphor in fact ironically moving to the slaughter. Read More
As we all know, this site emerged from the ashes of RTC. The wish of the original administrator of the site, one which I wholeheartedly share, was to keep together the wonderful community RTC had built, in terms of both personnel and spirit. There are still many individuals around who were also part of RTC, and regrettably many who are no longer with us. The RTC spirit however, that of a cross-party football site where issues can be discussed in a respectful and insightful manner remains. The “wisdom of the crowd” phenomenon is also with us to perhaps an even greater extent than before, and consequently SFM’s credentials as a formidable alternative to the print media have grown. Read More