A Question of Trust (Updated)


TW (@tartanwulver) says: Sunday, February 10, 2013 at 13:42 If Aug …

Comment on A Question of Trust (Updated) by Auldheid.

TW (@tartanwulver) says:

Sunday, February 10, 2013 at 13:42

If Aug 2014 is the earliest that RIFC might submit audited accounts, when is the earliest that TRFC could submit audited accounts? These are presumably critical to get the clock ticking for potential European participation, and persuade backers that they have a realistic timescale they are working to to get to this goal?

There is a danger in focusing on accounts for UEFA competition entry purposes we lose sight of their role in annual club licensing.

For SPL clubs they are subject to the rather strict UEFA FFP Rules and had The Rangers gained entry into the SPL the SFA could NOT have granted a licence but would have needed to go to UEFA for their permission to do so. Now all academic since the new club (as far as UEFA are concerned in licensing terms) never gained entry into the SPL.

The Rangers are now subject to National Club Licensing as an SFL club and The SFA will need to decide in granting any licence what they will use instead of 3 years accounts.

Taking last years National Club Licensing rules at

Click to access 8%20%20Legal%20Admin%20&%20Finance%20Criteria%20(2).pdf

Section 8.1.2. as being an indicator of timing then The Rangers will have to submit something to the SFA by 30th April. It is unlikely to be AGM ratified accounts, so one imagines it might be an update on the business plan under which a National Club Licence was agreed last July when estimates provided of income and expenditure providede then can be reassessed in the light of hard figures realised since.

Presumably the SFA will have to take a close look at the projections there being no actual past accounting history to go on but which will have nearly one seasons of real figures to go on.

Auldheid Also Commented

A Question of Trust (Updated)
You would think that the goings on this week would have set a couple of alarm bells ringing at the SFA (although they say they have no power over the leagues.)

However it was the SFA National Club Licensing committee or SFA men with that expertise who would have looked at the business case The Rangers put forward in lieu of 3 years past accounts in order to grant a football licence to The Rangers.

There are two current lelements of concern for the business, the one that Phil Mac refers to that is the liquid cash value of the share price that is on tap as a safety blanket should the need arise to draw on it and the size of the wage bill.

The former may be confidential to The Rangers but the SFA (assuming players have been properly registered) will have a very good idea of the wage bill and from the prospectus and earlier accounts the other non player wage costs.

The Rangers supporters are quite rightly getting a bit twitchy over the well being of what many of them have paid hard earned cash into and even if only to assure them that the SFA are keeping an eye on the situation, it surely behoves the SFA to come out with something that says they ARE keeping an eye on the situation and will, if they deem it necessary, seek clarification on where The Rangers now are in terms of matching the original business case that enabled a licence to be granted with the latest figures.

Our game got into a mess imo because the SFA over many years did not carry out its club licensing responsibilities properly in respect of Rangers, (something the msm have not focusssed on) they surely cannot expect to turn another blind eye and remain as a body with any credibility or authority.

The SFA – Shell of a Football Association.

I see no point whatsoever in The Rangers supporters wanting to shoot every messenger who delivers what they would prefer not to hear, they would be far more effective turning their ire and attention on the SFA.

A Question of Trust (Updated)
neepheid says:

Saturday, February 9, 2013 at 17:24

Based on the propsectus there was an interesting exchange between Stephensanph, EcoJohn, Coybig and Adam where the consensus was the tota wage bill was £14.5M covering players wages (45), admin staff (175) Directors (at least 3) and NI/tax.

The breakdown is not provided but players wages will be over 50% of total.

A Question of Trust (Updated)
jonnyod says:

Friday, February 8, 2013 at 20:42
Ya think? Funny thing is a Rangers fan on Clyde (and JD asked if he was a plant) was voicing the same kind of concerns.

Until The Rangers are run by decent honest businessmen they will not prosper.

Recent Comments by Auldheid

It Is Better To Offer No Excuse Than A Bad One
The allegations on CQN that Bobby Madden has a gambling problem surely require his  removal from the the firing line until the allegators are proved wrong.
No snap decisions, just a leisurely swim until there is no question as to his motivations. 

It Is Better To Offer No Excuse Than A Bad One
Dons/Hibees/Jambos and any other club wanting a UEFA spot.
Flogging players who have put TRFC near top of league is an admission those players unaffordable.
The solution is to make a licence for TRFC conditional on a realistic sustainable business plan. SFA are not doing their licencing job. Never have in fact.
So what questions are your club Directors asking the SFA?
Why not get them to ask UEFA if they are happy with the way SFA process licence applications from Ibrox. Seems UEFA not happy.
Proper club licencing can level the playing field a bit but it also protects all clubs from charlatans selling jam tomorrow.

It Is Better To Offer No Excuse Than A Bad One
Allyjambo 21.41

Matthew Lindsay: Time for Dave King to depart Rangers – but who could take over at the Ibrox club?

Rangers need to be run by individuals whose integrity is beyond doubt.
Do such individuals steeped in blue exist?

As rare as a dodo nesting on an iceberg in Carlisle Bay, Barbados.
” No problem can be solved from the same level of consciousness that created it.” Albert Einstein 

It Is Better To Offer No Excuse Than A Bad One
I got my electronic copy of Not The View delivered yesterday.
Browsing through I thought I recognised The Christmas Tale offering and was pleased to read it as I had forgotten it was a tale I told at Christmas in 2012 (on CQN I think).
I think it worth repeating as a reminder of why SFM exists – because we love football and we love Scottish football and we aren’t done yet.
See me?
See me?
Ah jist luv fitbaw.
Its funny cos I was never that interested until about age eleven when a good pal, who was destined never to see his 21st birthday after a car crash in Rome encouraged me to try it. John was there to become a priest but got fast tracked by the Big Man who knows a good guy when he sees wan.
John encouraged me to give it a go in Suffolk St.  We played “croassies in” with the metal pull down blinds that formed the gates to the interior of the Barras as goals. Plastic baws, Fridos then Wembleys, arrived about then and many a red hot poker made the game a bogey in a failed attempt at repairing a burst baw.
(I blame the whelk shells; they were aw ower the place from the Oyster Bar in the Gallowgate (where I was entrapped in the cellar two weekends in a row cleaning whelks and mussels) and the ravenous appetite of the Glasgow punter for shellfish.
I played fitbaw morning, noon and night and saw Glasgow Green pitches UPGRADED from black ash/clinker to red blaze. We thought we were Wullie Fernie playing on that stuff and there was a case for playing with 10 baws as teams were filled with tanner baw players (goalies were just last man standing) for whom the object of the game was to beat everybody else in the opposition before scoring or it wisnae a goal.
I remember wan night  at the Glasgow Green waiting to play for St Alphonsus v Our Lady of Fatima  when I saw Tony Green, who was a Mungo boy and went on to play for Newcastle and Scotland before injury ended his career too early, waiting, sannies under his arm, to get a game with any team who were a man short. I think the OLOF manager mugged wan of his boys as Tony appeared for them and turned a virtuoso performance against us to give OLOF a 3-2 victory.
I started work and went to London for a year to work in the old Post Office Savings Bank. In my first week Jock (a Jock) approached and asked if I played. He never mentioned the sport, he didnae hiv tae, we wur already communicating at the spiritual level only fitbaw lovers can reach (the kind of thing that electrifies CP on CL nights.)
I get directions fur a game oan the Saturday at Acton Town and turn up, new Puma boots, paid by my transfer grant, under my arm (nae sannies fur me) On entering the park ahm puzzled, there wiz GRASS everywhere, nae clinker or red blaze in sight.  “Must be roon the back of the dressing rooms “ I remember thinking.
Anyhoo I gets changed runs roon the back to see — MAIR grass as far as the eye can see. So I troop back tae the dressing rooms to get directions to the ash pitches. When I explain what ah wiz used to playin oan they aw jist looked at me like my village wiz searching fur their idiot.
Well I get sorted out and line up. The baw, I remember, wiz a size 5 orange wan, but no wan o they bricks wi laces. The first pass to me wiz high and ah chests the ball doon and whirls roon afore I get studded from the back as wiz the custom oan the narrow pitches of Glasgow Green. To ma amazement the nearest opponent to me is about 4 yards away. As I look into his eyes I smile and turn to Jock at the sidelines and shout.
“Yer gonnae need anither baw” as I meander off in pursuit of the only goal that counted for a tanner baw man. I think I managed 7 before netting and I’ll take that. It wiz oan unfamiliar grass after all.
 Postscript “Aye very guid Auldheid” yer thinking (if you have stayed with me so far.)
“Nice reminiscing and it is Christmas Eve, so thanks fur the memories. “
But there’s mer tae this tale fur
See me?
See me?
I jist luv fitbaw.
Its ma game, its  OOR game and when I see the mess those responsible for looking after its welfare have made of it ah want to do something.
I hope ahm not alone.
Dec 2012

It Is Better To Offer No Excuse Than A Bad One
That Dave King is allowed any influence in Scottiish football is a dereliction of the duty of the SFA to protect our game from criminality.

Dave King should be called to account by the other clubs via the SFA to provide evidence he can do what he has promised, which is bank roll TRFC.

At the very least the clubs should be preparing for another insolvency event at Ibrox and deciding the conditions they will set for TRFC to continue taking part in Scottish football on the same basis as every other club, who act with the utmost good faith to fellow members.

The clubs via the SFA have the powers under Club Licensing to do so, powers that the SFA Comp Off can only conclude the SFA have failed to utilise. Powers that UEFA must have recognised by now as a result of Res12 letter of May 2016 and UEFA Licence submission this year, are not being used fully by the SFA.  

It was self preservation that underpinned the 5 Way Agreement . The dangers of that agreement – destroying integrity, undermining trust, ignoring deceit – become more and more manifest and should alert other clubs to the necessity to exercise their collective responsibility to each other and so to our game that they govern via the SFA on our behalf, using Club Licensing powers.

When a particular course of action designed to preserve self is not working it is human nature to try another course.

Not renewing STs come April/May unless positive trust restoring actions are taken by our clubs collectively, is one way of changing minds about what is self preserving.

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