Gilt-Edged Justice

By

‘I think it is actually very close to home and …

Comment on Gilt-Edged Justice by ParanoidWellFan.

‘I think it is actually very close to home and is SDM Mk 1.
First cousins and interlinked in ways we don’t even know yet.

This whole story is and was never about football but about egos in business and (some of) the Scottish Financial Mafia and how they helped each other.
Football just allowed some of them to increase their public profiles cheaply.

Its a story still waiting to be pieced together’

It’s a bit like 6 degrees of Kevin Bacon!! As someone with first hand experience of two of the companies mentioned, SDG Holdings and SDG Caledonia, it doesn’t take a huge amount of digging to reveal that they are both controlled by Kevin McCabe, former chairman of Sheffield United. Let me think…….wasn’t there some link between him and the current CEO of TRFC????

Recent Comments by ParanoidWellFan

Did Stewart Regan Ken Then Wit We Ken Noo?
Bawsman says:

March 12, 2015 at 12:47 pm

Saw this post on the Rangers share site, middle para is interesting, i’d have thought season long contracts would be just that, until the end of the season, i.e. after the last game the club plays that season? Am I wrong?

1 team goes up automatically winning the championship – looks like Hearts (4 more wins and its secure). 1 team can go up via playoffs (2/3/4) play each other – then winner of this plays 2nd bottom in SPFL.

So there are 6 extra games to negociate for this extra place. But these games could be after many of our players contracts lapse…. so looks like super gambled that we would win league.

Also being in SPFL next year would help share – but would increase costs – there are rumours of additional payments if we win promotion

Players’ Contracts are like any other Fixed Term Contract, they have an end date.Normal one is 31st May, as the season is over by then, the issue will be caused by the Play-Off Final being moved outwith that date due to Hibs or Falkirk being in the Cup Final.
Players won’t be registered with the club (or indeed insured), after 31st May, however past events have shown that improper registration issues don’t apply to the Establishment Club 👿


Spot the difference?
Pete Lambie says:

February 3, 2015 at 1:33 pm

0

0

Rate This

GoosyGoosy comment on:
February 3, 2015 at 12:06 pm

I can see your sentiment here, but the Financial LOAN is from SD (IIRC).

The loan of players is from NUFC. Salary payments would either be directly to players now registered to our favorite clumpany, or paid directly to NUFC who would then pay players in turn. On latter, would there by a 90 day wait for invoicing/payment?

At what point does this payment route given Ashely control, or get SD’s money back out sevco?

Other than payment to the onerous 5 as a debt which sevco can’t afford to meet with it’s own funds.

The invoicing route is standard, the players have to remain employees of, and be paid by, the loaning clumpany.
Sevco will have no means of paying these invoices, so they will be notionally ‘paid’ to NUFC by SD, thereby increasing Sevco’s debts to SD, and ensuring their position as major creditor, on terms that will scare off Goldilocks and the 3 Bears


Spot the difference?
scapaflow says:

January 29, 2015 at 4:59 pm

You might remember

http://news.stv.tv/west-central/217910-thirteen-arrested-in-aggressive-protest-by-green-brigade-in-gallowgate/

Just in 13 not guilty verdicts

Combined with this wrongful arrest, https://commonspace.scot/articles/108/the-independence-girls-who-stood-up-to-the-unionist-riot it hasn’t been a good week for Police Scotland 😆


Spot the difference?
mcfc says:

January 28, 2015 at 12:49 pm

19

1

Rate This

Doom & Gloom ?

So the plan seems to be that The Rangers will slash costs to the bone, dump overpaiid journeymen and live on their gate receipts minus onerous contracts, whilst MA pockets retail, sponsorship and advertising revenues.

If The Rangers get promoted this season and manage to sell 30,000 STs at an average £300, that’s £9mil gross, £7.5mil post VAT. Take away say £3mil in onerous contracts. That leaves a clear £4.5mil plus cup runs.

How much do mid table SPL clubs spend each year in comparison ?

MCFC, I know we can hardly be called ‘mid-table’ this season, but I’m pretty sure that £4.5m is significantly higher that Motherwell’s total turnover, our budget will be £1.5 – £2m at the most


Spot the difference?
Well done Tom English, some facts about the convicted tax cheat http://www.bbc.co.uk/sport/0/football/30911000


About the author