Is Stewart Regan, Chief Executive Officer of the Scottish Football Association a DIDDY?
Disingenuous: Incompetent: Dishonest: Duped? You decide.
Ladies and gentlemen of the Scottish Football Monitor sorority/fraternity jury, who want an honest game, honestly governed, are invited to pass judgement on Stewart Regan, the CEO of the SFA.
The main stream media are finally asking questions of Regan’s performance in that role, but based on a rather shallow (by comparison to what he has presided over) single issue of the recruitment of a national team coach, and not his character.
Maybe we can help the three monkeys media men (you know who they are) push for change at the SFA. How? By highlighting for them the appropriate response to Regan’s performance on the basis of what follows if he really is a DIDDY.
Disingenuous is defined as:
not candid or sincere, typically by pretending that one knows less about something than one really does.
Evidence of such can be found in the written exchanges with the SFA that Celtic initiated on 27th July, and continued on 18 August, 21 August, 4th September and 7th September 2017; and published on the Celtic web site with SFA agreement at http://cdn.celticfc.net/assets/downloads/SFA_Correspondence.pdf
This from the SFA letter of 18th August 2017:
Comment: the statements are not alleged, they are a matter of court record and if untrue represent perjury.
…. And then this from subsequent SFA letter of 4th September 2017
Both paras give the impression that the SFA were unaware that Rangers had accepted the liability without question before 31st March 2011. Yet the SFA’s attention was drawn to this fact in July 2015 by lawyers acting on behalf of Celtic shareholders as follows:
- Our information in respect of this £2.8M in unpaid tax is that Rangers PLC had been alerted in November 2010 by HMRC that they would be pursuing payment of this exact sum.
- From that date onwards, the Directors of Rangers PLC should have known there was a potential liability to HMRC for back taxes specifically relating to payments made to Tore Andre Flo and Ronald De Boer. These sums became an accepted liability in March 2011.
- Matters had been brought to a head on 23 February 2011 when HMRC presented Rangers with a written case for payment of back tax owed in respect of Flo and De Boer. As your department may well be aware, that case for payment involved hitherto undisclosed side letters which were found to be an adjunct to their declared and disclosed contracts of employment.
- Those contracts of employment were, of course, disclosed to the Scottish Football authorities (including the SFA) as part of the necessary compliance procedures followed by all clubs and demanded by both the SFA and UEFA.
- Additionally when replying to the initial enquiries by HMRC in 2005 regarding these alleged side letters and ancillary agreements, the then Group Tax Manager of Murray International Holdings (MIH) acting for Rangers PLC on tax matters, apparently advised HMRC that no such agreements or side letters existed.
- It ultimately proved that these representations to HMRC were completely untrue and without foundation. The tax Inspectors concerned in turn saw these false misrepresentations as being an attempt to simply hide the true financial position and an attempt to avoid paying the taxes which were lawfully due on the contracts of the players concerned.
- As mentioned earlier, Rangers PLC accepted liability on 21st March 2011 for unpaid tax having taken legal advice on the matter.
- In turn, HMRC then chose to formally pursue payment of the back taxes and penalties in relation to these two players, all in terms of HMRC’s debt recovery procedures under what is known as regulation 80.
- Prior to 31st March 2011, there was clear knowledge within Rangers Football Club of the liability to make payment for these back taxes and, as can be seen from the attached documentation, by 20th May 2011 HMRC had served formal assessments and demands on Rangers PLC for the sums concerned.
The impression given by Regan’s reply to Celtic is that the first time the SFA were aware there might be an issue on granting was in June 2017 as result of testimony at the Craig Whyte trial. This is clearly not the case and the only explanation that would clear Regan of being disingenuous is a that he was incompetent as in not knowing what the SFA already had in their possession, however a bit more on being disingenuous before looking at incompetency.
The above extract of the exchange of 4th September where Regan mentions Celtic being satisfied on the UEFA Licence 2011 issue was challenged by Celtic on 7th September 2017 as follows:
“on the matter of the Licensing Decision in 2011 it is not accurate to describe Celtic as having been “satisfied” at any stage. Like everyone else we were in a position of responding on the basis of information available to us. In correspondence, Celtic raised continuing concerns as did a number of Celtic shareholders.”
In dealing with the Celtic shareholders the SFA and Regan appeared keen to welcome from the early days of correspondence that only the process after granting i.e. the monitoring phase of June and September was being questioned and not the granting itself. That was the case initially but as new information emerged in respect of what UEFA judged to be an overdue payable, upheld by the Court of Arbitration on Sport in 2013, focus swung back in 2016 to the significance of what the SFA had been told by the Res 12 lawyer in July 2015. However the emphasis the SFA put on shareholders accepting the grant was in order was puzzling at the time. The suspicion since is that the SFA did not want the circumstances around the granting investigated and the SFA and Regan were being disingenuous in their attempts to keep that aspect under wraps. especially when their defence of not acting as required in 2011 was based around when the SFA responsibilities on granting ended and UEFA’s on monitoring began. (for more on that read the Incompetence charge)
In response to a separate point in Regan’s letter of 18th August about the QC advice on there not being a rule in place at the time to use to sanction Rangers or the limited sanctions available to a Judicial Panel, Peter Lawwell responded on 21st August to Regan’s disingenuousness as follows:
” In your letter you refer to advice from Senior Counsel that;
‘there was very little chance of the Scottish FA succeeding in relation to any compliant regarding this matter and that, even if successful, any sanctions available to a Judicial Panel would be very limited in their scope.’
As I said in my last letter Celtic considers that this misses the point. The fact that disciplinary sanctions may not be secured is in our view not a reason for Scottish football to ignore the opportunity to review and possibly learn lessons from the events in question.”
Although they didn’t refer to it in that reply of 21st August, Celtic could have pointed out the following catch all rule in existence in 2011 (and presumably earlier) under Article 5 in SFA handbook.
5. Obligations and duties of Members (where all members shall)
5.1 Observe the principles of loyalty, integrity and sportsmanship in accordance with the rules of fair play.
This Article could have been used to demonstrate sporting dishonesty by Rangers FC. However by recognising this Regan would be on a collision course with an issue that he wanted to avoid at all costs;
whom to sanction? Rangers FC? The Rangers FC? Those currently at The Rangers FC who were officials or on the Board of Rangers FC in 2011?
Consequently, the SFA chose to hide behind QC advice – but to protect whom? Not the integrity of the game. Here is a suggestion to restore it:
That the Rangers FC admit that the trophies won in the EBT years were won as a result of clear wrongdoing (the wrongdoing Regan was so desperate to say never occurred – see later), and that The Rangers give them up. Surrendering them is not being defeated, it is simply the right thing to do for the game AND for Rangers to restore some integrity to themselves.
If they want to lay claim to their history, lay claim to all of it, just be honourable and act with dignity and we can all move on.
In summary then, Regan is being disingenuous by pretending to know a lot less than he does – and on that note the case of disingenuousness ends.
Incompetence: is defined as;
lack of ability to do something successfully or as it should be done:
Whilst a CEO would not be expected to know the minutiae of any process, he would be expected to seek such information before going public to defend the SFA’s position.
On 23 October 2013, Stewart Regan had an interview with Richard Gordon on BBC Sportsound. Excerpts from it can be heard at http://www.bbc.com/sport/scotland/24685973 . Interestingly or strangely, the following excerpt regarding the lines of responsibility between the SFA and UEFA fell on the BBC cutting room floor.
https://drive.google.com/file/d/0B6uWzxhblAt9YktGc0kwWjJCY1E/view?usp=sharing
In it Regan is saying that the 31st March is a key date and AFTER that date, the SFA having granted the licence on evidence provided to the SFA (now under Compliance Officer investigation) have no more responsibility in the matter. Richard Gordon asks Regan to confirm that after 31st March there is no other course of action the SFA could have taken. To which Regan answers “Correct”.
This understanding however does not stand up when compared to the information supplied to the Res 12 Lawyer on 8th June 2016 by Andrea Traverso, Head of UEFA Club Licensing and so ultimate authority on the matter.
That letter (more famous for its new club/company designation of the current incumbents at Ibrox), confirmed that the UEFA Licence was not granted until the 19th April 2011, so Regan was wrong on his dates, but even more significantly UEFA stated that the list of clubs granted a licence was not submitted to them until 26th May 2011.
This raises the obvious question (though not so obviously to Regan);
” how can UEFA start monitoring until they know who to monitor?”
More significantly, and one for the SFA Compliance chap to consider, should the licence have been granted, irrespective of what “evidence” the SFA Licensing Committee acted on in March 2011 , when it was obvious from a HMRC Letter of 20th May 2011 to Rangers, that HMRC were pursuing payment of a tax liability which could no longer by dint of being pursued, be described as “potential” which was the justification for granting at 31st March/19th April?
Here ends the case of incompetence.
Dishonesty;
lack of honesty or integrity: defined as disposition to defraud or deceive.
The line between incompetence and dishonesty is a thin one and so difficult to judge, however some discernment is possible from observation over time.
On 29 March 2012 Stewart Regan was interviewed by Alex Thomson of Channel Four news, a transcript of which with comments can be found on a previous SFM blog of 8th March 2015 at
https://www.sfm.scot/did-stewart-regan-ken-then-wit-we-ken-noo/
It is a long article, but two points emerge from it.
Stewart Regan bases his defence of SFA inaction on the fact that at the time of the interview no wrongdoing had occurred . Regan emphasises this rather a lot. Had he been an honest man, he would have confessed that this defence fell when the Supreme Court ruled that wrong doing in respect of Rangers’ use of EBTs had occurred.
This extract from Regan’s letter of 4th September 2017 beggars belief in light of his position on wrongdoing during interview with Alex Thomson.
” The reality is that the final decision in “The Big Tax Case” signalled closure for many involved in the game. It is hard to believe that a “wide review” no matter how well intentioned and how wide ranging could ever bring closure in the minds of every Scottish football fan and stakeholder.”
How on earth did the Supreme Court decision signal closure to Regan given his emphasis on no wrong doing?
Had Regan (in response to Celtic in August and September 2017) acknowledged that wrongdoing had taken place, then that at least would have been honest, but the defence of not acting was on the grounds that admitting dishonesty would be raking over old coals. An honest man would have accepted that the situation had changed, and some form of enquiry was necessary, but instead Regan fell back on unpublished advice from a QC.
The second point is a new one. Regan was asked by Alex Thomson in March 2012
AT: But did anybody at any stage at the SFA say to you I have a concern that we need an independent body, that the SPL can’t and shouldn’t handle this?
SR: Well under the governance of football the SPL run the competition
AT: I’m not asking, I’m saying did anybody come to you at any stage and say that to you. Anybody?
SR: No they didn’t as far as the SPL’s processes is concerned. The SPL ,
AT: Never?
At time of interview in March 2012 this was true but 2 months later on 25th May 2012 the issue of a Judicial review WAS raised by Celtic
https://www.thetimes.co.uk/edition/scotland/celtic-still-pressing-sfa-for-inquiry-8p25q8wbb
for the same reasons that Regan had ignored in 2011 as the LNS Commissioning proceeded apace and Regan continued to ignore in the 2017 correspondence. An honest man would have recognised that his truth to Thomson in March was no longer true in May 2012 and acted. He didn’t.
These do not appear to be acts of an honest man, rather they appear to represent the behaviour of a man who is being dishonest with himself; although perhaps Regan was simply duped?
Duped is defined as;
“ If a person dupes you, they trick you into doing something or into believing something which is not true.”
In his e mail of 7th December to Ali Russell, then Rangers CEO , after a discussion on the 6th December 2011 with Andrew Dickson, Rangers Football Administrator and SFA License Committee member in 2011, Regan set out the basis on which the SFA granted a UEFA License in 2011.
This was a letter from Ranger’s auditors Grant Thornton describing the wee tax liability of £2.8m as a potential one with the implication that it was subject to dispute, an implication carried into the Interim Accounts of 1st April 2011 signed by Rangers FC Chairman Alistair Johnson.
The true status of the liability and the veracity of statements made that justified the UEFA License being granted are under investigation by the SFA Compliance Officer.
However Regan’s belief that the liability was disputed and therefore hadn’t crystalized, is supported more or less by his Tweets at
https://drive.google.com/file/d/0B6uWzxhblAt9NG5CNXcwLW9RZjQ/view?usp=sharing
The case that Regan was duped is a plausible one, at least up to 2015, but I would contend that the SFA responses to Res 12 lawyers after July 2015 suggest that whilst the SFA may have been duped initially, they subsequently appeared more concerned with keeping events beyond public scrutiny (like the effect on the licence issue of HMRC sending in Sheriff’s Officers to collect a £2.8m tax liability in August 2011).
At this point, based on the foregoing –
You the SFM jury are asked to decide: Is Stewart Regan a DIDDY?
Copy paste this link for GUILTY: https://www.youtube.com/watch?v=ejizOV-IQEM
And this for NOT GUILTY: https://www.youtube.com/watch?v=NwXGdgFZmNk
The Sin of Omission by Margaret Sangster ends:
And it’s not the things you do, dear,
It’s the things you leave undone,
Which gives you a bit of heartache
At the setting of the sun.
bluFebruary 6, 2018 at 14:49
‘.Is this the same Heather Anne Barton….?’
tonyFebruary 6, 2018 at 14:55
‘..yip,left celtic to go to hampden just as EBT’s where starting,
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You know, I thought the name was familiar, but couldn’t place it
What an incestuous little world the world of Scottish business is! Who could be a.sed with it?.
Incase anyone was wondering what all the Morelos to China nonsense was all about, I think the answer might be here: it was so Stewart Robertson could make this ‘administration rumours are nonsense’ announcement. Strange, isn’t it, why, when anyone from TRFC boasts of TRFC being on a ‘sound financial footing’, the intrepid interviewer never asks them to explain how that could be in view of the most recent accounts and continued losses? And just how often is the ‘bid’ figure going to change?
Rangers chief Stewart Robertson blasts ‘nonsense’ administration talk
Rangers managing director Stewart Robertson insists the club’s refusal of an £7.5million bid for Alfredo Morelos proves they are not on the brink of financial meltdown.
Rangers managing director Stewart Robertson with chairman Dave King. The Ibrox side fought off an advance from Chinese Super League side Beijing Renhe in the days leading up to the end of the January window. Their refusal to let Morelos go for such a large fee, in Robertson’s words, “raised a few eyebrows”. Particularly because there were rumours of Rangers once again being on the verge of administration in January. However, Robertson is adamant the club is on sound financial footing and says they didn’t wish to sell their leading goalscorer because progress is being made on the park. He told the Scottish Sun: “There were all the rumours in January that the club was going into administration and it was nonsense. The investor base is there. We have fantastic financial support. A decent example of that came with the Morelos bids being rejected.
“Some folk raised eyebrows at that, but that’s a sign that we’re trying to grow something and take the club forward. We want to compete year on year at the top of the game again. “We’re not saying we won’t sell him eventually because we do recognise recycling players in the player-trading model is a key part of the business plan going forward. But we’ll do that when it’s on our terms rather than on the terms of a potential buyer.”
Read more at: https://www.scotsman.com/sport/football/teams/rangers/rangers-chief-stewart-robertson-blasts-nonsense-administration-talk-1-4683750
bluFebruary 6, 2018 at 15:27
‘… John, the SFA has updated its Board information, as below..’
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Indebted to you, blu, thanks, I missed that.
Where do these SFA jobs get advertised, or are they in the gift of the corrupt cabal who live in the dark and want to prevent us living in the light . All this stuff should be transparent . Every committee position should be publicly advertised and open to all . Presently it’s being run like a bowling or golf club , but definitely restricted to them and such as them . Leave them in control and we will continue to live in the past and deny Scottish football a future .
ALLYJAMBO
FEBRUARY 6, 2018 at 16:06
…
“We’re not saying we won’t sell him eventually…But we’ll do that when it’s on our terms rather than on the terms of a potential buyer.”..
==========================================
For Stewart Robertson to make such a bullish statement – publicly – would indicate that he is confident that he will definitely not still be at Ibrox when Morelos is eventually offloaded ?
Was there not a statement in the recent RIFC accounts about the need to sell players in the January transfer window ?
AllyjamboFebruary 6, 2018 at 16:06
“……Rangers chief Stewart Robertson blasts ‘nonsense’ administration talk”
_____________
David Gunn and the ‘Scotsman’ must surely be deserving of nothing but scorn for simply repeating a report already reported in the ‘Sun’ :
“IN THE MONEY Rangers proved administration rumours were nonsense by refusing to sell Alfredo Morelos to Beijing Renhe says Stewart RobertsonThe Chinese Super League outfit’s £8million bid for the Colombian striker was rejected by the Light Blues but Robertson admitted things could change in futureExclusive By Robert Grieve 6th February 2018, 10:20 am Updated: 6th February 2018, 10:23 am ”
Neither of these appalling men did anything but act as a PR officer for a failing business. Not a question asked, not a reference to the continued need for loans, not any kind of attempt to operate as a ‘journalist’
Really, really self-demeaning, ars.-licking behaviour.
May they find themselves out-of-work very soon, if that is the best fist they can make of their job.
Honest to God.
And Gunn hadn’t even the decency to mention Grieve by name!
ULYANOVAFEBRUARY 6, 2018 at 15:
FINLOCH & BIGBOABBIGBOAB1916FEBRUARY 6, 2018 at 12:0remember Strachan picking Ian Black (yes him !) from The Rangers team at the time in Div 1 or 2 for a Scotland capWas that so Strachan would know for sure with Black it was sound to bet on Scotland losing.——————————————————————————————————————It wasn’t WGS who capped him.It was Stewart Regan’s best pal at the time, Craig Levine.It was a wee favour to tell the rest of us that it was time to move on.Here is what Wiki says “In 2012, despite now playing in Division Three, Black was called up to the Scotland squad for the friendly against Australia.[54] He was subsequently booed whilst coming on as a substitute in the second half.”]
The match against Australia was played at Easter Road 3 months after Hearts (with Black in the side) had beaten Hibs 5-1 in the Cup Final. Thus the booing. Craig Levein probably picked him to try to attract Hearts fans along. I’m sure neither Black’s Sevco connection or a wish to wind up Hibs entered his head.
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Sorry to disagree.
Black’s call up was a cynical move by the SFA to legitimise their new club by sending a message to its support that they might have been in the 4th level but were still big time enough to represent their country.
Black was always a good enough SPL player but certainly not good enough to be called up at the time.
But was the best they (The Rangers) had so he got the call.
It was a sham and his brief appearance was just The SFA doing their bit to move the club with a unique provisional licence a few steps further on..
The booing might have been partly to do with the Hibs v Hearts stuff but it was also from fans like those around me at the match who could see through Regan’s nonsense.
More information in this BBC article about the Hamilton Accies fraud. Looks like the club was pretty lax, although they are looking to sue RBS.
http://www.bbc.co.uk/news/uk-scotland-glasgow-west-42963379
paddy malarkeyFebruary 6, 2018 at 16:30
________________________________________________________
Can anyone apply for it? I am between jobs just now…
JEAN7BRODIE
so am i,ive put in for manager so i’m just getting my flip flops out for mexico and costa rica,see you over there boss as i won’t see you on the plane as you will be in first class as ceo
JEAN7BRODIEFEBRUARY 6, 2018 at 17:28
I am sure that you would raise the tone and collective IQ of the group , Jean , but would worry that your eloquence and grace would stupefy them further . So that’s a “naw” !
Needing a wee bit help here, regarding the Colt sides proposal.
Gordon Waddell, the sports journalist, wrote in his newspaper column
But the Stenhousemuir FC board, meeting their supporters last night, said that nine of the ten clubs in League two are against the plan. And the other is swithering.
So, who should I believe?
My interpretation of Robinson’s statement.
1/. He starts with mentioning the solid investor base. That suggests to me that someone has invested, solidly. The accounts note plus the lack of obvious sales suggests they will have had to.
2/. He says they wouldn’t let Morelos go for that sum. That suggests to me theyre valuing him even higher (see point 1).
3/. Cant help but notice mention of a potential bid. A POTENTIAL bid.
Fair play, if they pull this one off with the BBC as willing contributors.
WOTTPIFEBRUARY 6, 2018 at 09:15
HOMUNCULUSFEBRUARY 6, 2018 You are a bit behind on this one H.
on SFM In January.
Scott Gemmill was already being touted in the SMSM last week.
—————–
You are a bit behind on this one Guy’s.
Scott Gemmill has already being touted as an exclusive
CLUSTER ONEJANUARY 22, 2018 at 19:48
O’Neill turns down Scotland job.When the No1 choice turns down the job, the next best option is to go for the under 20s coach.Scot Gemmill please step forward. (Is he still the u20s coach?)(well it’s all the rage these days) the statement will go something like“It is a genuine privilege for me to be made manager. It’s a huge honour to be asked to do so and I will continue to give everything I have to ensure we have a positive campaign.We cannot let our fans down. They have been incredible. and I would like to thank everyone for their backing.”—————–Now that the SMSM are running with Scot Gemmill the new 6/4 favourite for Scotland manager’s job can i claim the above as an exclusive?
On the Black call up, it was a decision that even baffled us Rangers fans. When he got called up he was playing dreadful for us, while Lee Wallace was our best player in the squad. We couldn’t fathom why Black was anywhere near the squad and if it was a ploy to get Rangers onboard then it was a huge flaw to bring in Black and not Wallace
tonyFebruary 6, 2018 at 17:37
paddy malarkeyFebruary 6, 2018 at 17:48
______________________________________________
Aw guys, shucks, thanks anyway. I have loads of experience dealing with disruptive, spoilt weans so thought I might have met some of the criteria.
ALLYJAMBOFEBRUARY 6, 2018 at 16:06
Rangers chief Stewart Robertson blasts ‘nonsense’ administration talk.
Particularly because there were rumours of Rangers once again being on the verge of administration in January. However, Robertson is adamant the club is on sound financial footing and says they didn’t wish to sell their leading goalscorer because progress is being made on the park. He told the Scottish Sun: “There were all the rumours in January that the club was going into administration and it was nonsense.
—————–
“There were all the rumours in January that the club was going into administration and it was nonsense.
So Mr Robertson waits until Feb to state the rumours in January about the club going into administration were nonsense.
Why wait so long to let their fans know this?
Has someone just recently come up with some cash to keep the lights on,so it is ok to try and quash these romours now? but not in January.
JEAN7BRODIEFEBRUARY 6, 2018 at 18:33
Aw guys, shucks, thanks anyway. I have loads of experience dealing with disruptive, spoilt weans so thought I might have met some of the criteria.
———-
You could get a job on SFM
OK I WILL GET MY COAT
Jean7BrodieFebruary 6, 2018 at 18:33
‘…loads of experience dealing with disruptive, spoilt weans ..’
________________
Ach, J7B, you must be far too young to have used the old ‘Lochgelly special’: that’s what you’d need with that ill-disciplined mob!
JOHN CLARKFEBRUARY 6, 2018 at 18:48
Good boot up the erchie is what they need and I’m sure Jean wouldn’t wish to despoil her Jimmy Choos . Off to the Energy Check Stadium at Firhill ,or ra gemme !
Robertson is adamant the club is on sound financial footing and says they didn’t wish to sell their leading goalscorer because progress is being made on the park. He told the Scottish Sun: “There were all the rumours in January that the club was going into administration and it was nonsense. The investor base is there. We have fantastic financial support. A decent example of that came with the Morelos bids being rejected.
“Some folk raised eyebrows at that, but that’s a sign that we’re trying to grow something and take the club forward. We want to compete year on year at the top of the game again. “We’re not saying we won’t sell him eventually because we do recognise recycling players in the player-trading model is a key part of the business plan going forward. But we’ll do that when it’s on our terms rather than on the terms of a potential buyer.”Read more at:
—————————
6) With the accounts identifying funding of £7.2m being required by the end of season 2018/19,when do the board forecast that the club will become self-sustaining and what is the plan toconvert loans to equity? Will this be staggered or will it be done in totality at the next share issue?
As mentioned by the Chairman in his speech at the AGM, regular European football will bethe key to the Club’s finances becoming fully self-sustaining. The increased revenues fromretail will go some way to narrowing the gap as will more effective player trading
————–
Not much of in the way of player trading this january more like an increase on player wages.and so far not much regular european football.
Yet Mr Robertson is adamant the club is on sound financial footing
I love football people /managers, they talk some amount of bunkum.
Graham (or Graeme) Murty earlier (played on Super Scoreboard) I paraphrase.
“If Aberdeen win the rest of their games it will be very difficult for us to catch them”
No Mr M, it will be impossible, you are already behind them. Oh and if you are playing them again guess what, you will be dropping points.
Sorry Partick Thistle supporters, you clearly have little chance tonight.
Rangers are so confident of a victory they have left an £8m striker on the bench.
John ClarkFebruary 6, 2018 at 18:48
The ‘Lochgelly’ was still in use when I started in 1974 but never used it. My ‘stare’ was enough!!!! Hence my interest in this SFA job
HOMUNCULUSFEBRUARY 6, 2018 at 19:16
Have to confess I was listening myself.
Another nonsense statement from that particular club which of course was left unchallenged by the interviewer. Maybe he was too embarrassed to point out the stupidity of what was said.
Cluster OneFebruary 6, 2018 at 18:44
ALLYJAMBOFEBRUARY 6, 2018 at 16:06Rangers chief Stewart Robertson blasts ‘nonsense’ administration talk.Particularly because there were rumours of Rangers once again being on the verge of administration in January. However, Robertson is adamant the club is on sound financial footing and says they didn’t wish to sell their leading goalscorer because progress is being made on the park. He told the Scottish Sun: “There were all the rumours in January that the club was going into administration and it was nonsense.—————–“There were all the rumours in January that the club was going into administration and it was nonsense.So Mr Robertson waits until Feb to state the rumours in January about the club going into administration were nonsense.Why wait so long to let their fans know this?Has someone just recently come up with some cash to keep the lights on,so it is ok to try and quash these romours now? but not in January.
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Strangely enough, something similar came to me a few minutes ago. Why now? Why remain silent on the subject, or any of the many rumours, for so long, then fly with the Miracle of Morelos before making this announcement. It really does look like a plan to give strength to this unusual step by TRFC.
I must ask, is there anybody believes that Morelos, a quite good striker, but not prolific, would induce an offer, from anywhere, in excess of, say, £1.5m?
And still, no hack asks the question, why has the Chinese interest disappeared four weeks before their transfer deadline, but on the stroke of the European one? Of course, that is not the only question any half-decent hack would ask, especially when given this opportunity to do so.
HomunculusFebruary 6, 2018 at 19:16 I love football people /managers, they talk some amount of bunkum.Graham (or Graeme) Murty earlier (played on Super Scoreboard) I paraphrase.“If Aberdeen win the rest of their games it will be very difficult for us to catch them”No Mr M, it will be impossible, you are already behind them. Oh and if you are playing them again guess what, you will be dropping points.
. Didn’t hear that but it is a cracker!!
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Just a wee thought; TRFC trying to scotch one rumour tonight, but no attempt to stand up the Morelos bid, a situation more in the ‘now’ than the rumours of administration, which have always been there.
Ronald Koeman is the new Dutch national manager, I see.
I wonder did his name figure at all in Regan’s short-list?
They could always appeal it?
AllyjamboFebruary 6, 2018 at 19:54 Just a wee thought; TRFC trying to scotch one rumour tonight, but no attempt to stand up the Morelos bid, a situation more in the ‘now’ than the rumours of administration, which have always been there.
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OK I’ll say again. They will limp through til ST time. That is big bucks compared to AFC, HMFC, HFC et al. Always able to find a saviour to “keep the lights on” as posters here are ever saying. But they will, dear friends, as MY rugger pal tells me (impeccable source as you know) and eventually get back to where they BELONG.
The issue is why they are allowed to debt finance (quasi equity!) without the authorities stepping in? On what basis can they? NOAL has confirmed they will pony up, the auditors (Campbell Dallas?) have given qualified acceptance of going concern so all good.
When will the debt be transferred to equity and when will any new money be found? Morales etc sales? I wouldn’t scoff too much about that because there are some decent players there. Yes they are skint at the moment but that is only relative. Unless you are CFC? Big issue for the TRFC Board is to manage expectations. No easy!
ALLYJAMBOFEBRUARY 6, 2018 at 19:37
I am very much in the camp who thinks this story was fabricated because they knew the media would run with it. Also, it is unlikely that anyone in China monitors the Scottish media on a daily basis. The outcome of it is.
(1) Rangers are well enough off to reject such an offer.
(2) They will get even more for him in the Summer.
It works because there are plenty who believe it.
BORDERSDONFEBRUARY 6, 2018 at 21:15
That is exactly the point ,they are trying to manage expectations and therein LIES their BIGGEST problem
If as the are, a new club plying their trade in the top division the fans of any new 6 year old club would be partying nearly every week .
The problem is they are pretending to be ragers 1872 and therefore they have to manage the expectations of the dead clubs fans .
If they could tell the fans the truth and live within their means then they would probably be mid table looking to make the top 6 at the split .
The fact that they can’t admit the truth to the fans and the fans don’t want to believe the truth means that they have to borrow more and more money just to keep the show on the road .
What we all have to remember in all this ,is that sevco 2012 at this moment in time are MAXED out on their ST sales ,yes that’s right .The team playing out of Ibrokes and surviving on directors loans are already taking in about 40,000 ST fans money and are still posting a loss this year alone of £7.2m .
This in a league were ST sales are one of the most important income streams you will get (outwith CL).
In simple terms Ibrokes and murky park are a millstone round their necks ,they just simply cost too much to run and sevco 2012 have cut everything to the bone to try and pay for players they can’t afford ,so much so that they can’t make anymore cuts ,so are trying to buy players with next years money .
It now looks like they either bring in players that allows them to balance the books or they vacate Ibrokes and murky park .
they could not possibly move to Hampden with the corrupt cabal in the same building …..oh wait
IMO they have had a wee coven and realised that the playing squad HAS to compete at all costs ,as if they do not Ibrokes would be of no use anyway ,as the bears would take up golf or bowls .
https://philmacgiollabhain.ie/2018/02/05/a-show-boat-to-china/
Two things don’t make sense – that a Chinese club would value Morelos at anything like £7.5m, and that TRFC could possibly turn it down.
Remember last season, as the 31 March approached, and TRFC looked on dodgy ground as far as UEFA’s FFP was concerned? Well, assuming there was no SFA/TRFC shenanigans, they must have only made it by the skin of their teeth. They used unaudited accounts in March to achieve their opportunity to wow Europe, and when the annual report was published, it did not make good reading. Another large loss, and more loans than you could shake a stick at. The report also told us that they needed to borrow a further £4m this season, with more next, and had to look to make sales in the January window. I think it’s reasonable to assume they need some money in, big money, to comply with FFP come the end of March.
Now, they may well have received more money from some gullible source, but, unless the source is truly beyond gullible, it must be another loan, and that makes FFP compliance virtually impossible – without SFA complicity, of course.
So, they get an offer that would wipe out that projected loan requirement, at one fell swoop. Bingo, you’d think. No need for any more loans, and Europe here we come (if they qualify). They turn it down.
I know they claim the share issue is just over the horizon, again, but there’s a little problem with the TOP appeal at the end of this month, and even if that doesn’t shoot the issue down, dead, there isn’t much time left to complete the issue before that deadline date of 31 March. At best, they will be putting in an application for a Euro Licence with a note that they hope to clear some of the debt soon. And, I don’t think that is how UEFA’s FFP works!
I may be wrong, and I don’t have any knowledge on the matter, other than that provided by the likes of Auldheid, but it looks to me that raising millions from player sales last month was the only way they could make it into Europe for next season.
As I say, it just doesn’t make sense. And Stewart Robertson eschewed the opportunity to appraise us all on how TRFC are going to make that FFP compliance.
upthehoopsFebruary 6, 2018 at 21:37
ALLYJAMBOFEBRUARY 6, 2018 at 19:37I must ask, is there anybody believes that Morelos, a quite good striker, but not prolific, would induce an offer, from anywhere, in excess of, say, £1.5m?
—————————————————————–
To be honest I was just about as much pi**ed off about the continuing saga in the smsm about how much Dembele was worth and who was bidding!
View Comment
AllyjamboFebruary 6, 2018 at 22:24 And, I don’t think that is how UEFA’s FFP works!
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Think that’s the point AJ. It doesn’t work as we all know.
Just to give my tuppence: I’m a Celtic fan, but I fully understand the fans of other Scottish teams being fed up with the status quo in terms of the financial disparity within our game. It reminds me slightly of when England wanted to take the vast share of the profits of the 6 nations rugby tournament. If I recall correctly, the other nations threatened to withdraw, which would of course have scuppered English greed. I’ve always felt rather uncomfortable about our economic advantage tbh, but the counter argument is that the game is and has been based within a capitalist framework for a long time. Things really took a nosedive with the outrageous and disproportionate rise in players’ wages when clubs ownership rights were altered.
Anyway, I would genuinely sacrifice Celtic’s dominance in order to create a competitive league. My only priviso would be that Rangers* should not be allowed to participate in any form now or in the future. The degree of cheating and institutional fraud committed by that organisation, with full support of the national football authorities, should see them banned sine die. Then we can focus on creating a really exciting, competitive league among the genuinely sporting minded, historic football clubs in this country. Forget 10 in a row; forget Europe – we could lead a counter to the ever increasing financial elitism which is destroying club football.
ALLYJAMBOFEBRUARY 6, 2018 at 22:24
At best, they will be putting in an application for a Euro Licence with a note that they hope to clear some of the debt soon. And, I don’t think that is how UEFA’s FFP works!
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It is a strange one.sell a player,bring the debt down and make that FFP compliance.
But they don’t sell? and now may not make that FFP compliance.so no europe. yet they say they wanted to keep the player to help them qualify for europe?
It is all a bit mixed up muddled up world over at ibrox.
BORDERSDONFEBRUARY 6, 2018 at 22:26
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upthehoopsFebruary 6, 2018 at 21:37ALLYJAMBOFEBRUARY 6, 2018 at 19:37I must ask, is there anybody believes that Morelos, a quite good striker, but not prolific, would induce an offer, from anywhere, in excess of, say, £1.5m?—————————————————————–To be honest I was just about as much pi**ed off about the continuing saga in the smsm about how much Dembele was worth and who was bidding!
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It is not the saga of who was bidding i believe that is making the story, (well not all of it) more of a saga that a skint club can (if true?) turn the money down
It’s not as though it was a house during a housing boom that TRFC turned down the offer for (let’s pretend), it’s a football player who may very well be injured between now and the end of the season. A great many clubs have regretted not accepting a very good (amazing in this case) offer for a player, whose value crashes with serious injury, or just loss of form.
I wonder if any Celtic supporter will correct me on this. If Morelos was a Celtic player, with the exact same goal record he has now, I very much doubt that Celtic, a club in extremely good financial health, would have turned down an offer of even half that amount (or even less than that).
Hame and thawed out enough to type one -fingered (quiet at the back) . We gave it 30 minutes then decided that the cup was our best chance of honours this season . And it was cold .What surprised me was the dislocation between TRFC players and their support – they simply didn’t want to play on that side of the pitch . Best player on the park was Candeias , but he done his groin before being substituted . The £8 million dollar man also had no appetite to embrace the warmth of the away support, who nearly got through the game without embarrassing themselves – a one man field invasion (he looked about 50 – young people nowadays !) , some nutter trying to fire a rocket into the ground from the canal bank, and a rendition of BBs just before the final whistle by the young guys in the vicinity of the guy with the drum at the half way line . Improvement , and should be applauded . I’m told wee Mr McRae was in attendance – you’d have thunk he’d be introduced to the crowd so we could give him the recognition he deserves-hiding in plain sight now .
ALLYJAMBOFEBRUARY 6, 2018 at 23:48
I wonder if any Celtic supporter will correct me on this. If Morelos was a Celtic player, with the exact same goal record he has now, I very much doubt that Celtic, a club in extremely good financial health, would have turned down an offer of even half that amount (or even less than that).
===================================
I am a Celtic fan. My view is if they genuinely believed the player would go on to score at a higher level and receive International recognition they may not have sold for half the amount. However I doubt they would refuse the reported £8m, which would have represented a £7m profit in just six months. If Rangers had actually been offered £8m, there is no chance they would not have taken it IMO.
The Scottish media must really think people’s heads button up the back…eh sorry I’ve got that wrong. Rangers KNOW the Scottish media’s heads button up the back. They even have the media reporting now that they are in sound financial health. Apparently you don’t need audited accounts to show the state of your finances. You just need a compliant cabal of lick-spittle football hacks.
bordersdonFebruary 6, 2018 at 21:15
“…they are skint at the moment but that is only relative. ……….NOAL has confirmed they will pony up, the auditors (Campbell Dallas?) have given qualified acceptance of going concern so all is good..”
________________
KPMG are being looked at hard in the context of Carillion’s very rapid collapse into Liquidation.
I suspect that Campbell Dallas will be extremely anxious, at apparently having given the thumbs up to a ‘skint’ organisation limping along on occasional loans from its directors, virtually trading while insolvent!
King had better pony up when required , but he’ll need to keep in mind that he told our Courts that he has no influence over NOAL-so he’d better watch out, or Lord Bannatyne will declare him to be a liar.
He also needs to keep a few bob in hand so as to be able to comply with Lord Bannatyne’s order, if he loses his appeal against the Court’s decision to comply with the TOP’s order.
The TRFC Ltd board can try to dress things up as much as they like, but they will be extremely fortunate to avoid Administration- possible Liquidation, and subsequent grilling of their directors for being so crass as to think they can remain in business!
Its an intriguing one.
IF King hasn’t provided the current liquidity AND FFP does what it is supposed to AND FFP is impacted by the ability to do the D/E swop, none of which is a given, then without putting in a penny King still holds the aces. IMO.
Well played sir.
Off to Court now, to see how many thousand D&P documents are still to be scrutinised! Whatever about anything else, the Administrators email correspondence filing seems to have been pretty unorganised!
ALLYJAMBOFEBRUARY 6, 2018 at 23:48
I wonder if any Celtic supporter will correct me on this. If Morelos was a Celtic player, with the exact same goal record he has now, I very much doubt that Celtic, a club in extremely good financial health, would have turned down an offer of even half that amount (or even less than that).
————
I am a Celtic fan. My view is.
I would be wondering if we had employed Level5 as our PR Machine.
Ps. I’m with all you day trippers today
bordersdon
February 6, 2018 at 22:26
To be honest I was just about as much pi**ed off about the continuing saga in the smsm about how much Dembele was worth and who was bidding!
====================================
As a Celtic supporter I agree. I get fed up reading their unsubstantiated tripe on an almost daily basis. As to what Dembele is worth, the cliche goes “he is worth what someone is willing to pay for him”. I have yet to see anything which substantiates that being the huge sums being quoted in the papers. Scoring a few goals in Europe and an unbeaten treble in Scotland doesn’t make him worth the figures quoted, in my opinion.
The huge difference here though is that Celtic really don’t have to sell Dembele. So if there are any offers then they can wait until they get one which is acceptable to the club. If clubs make offers for Dembele, and Celtic don’t think it’s enough, then he won’t be sold. So in this instance, he is actually worth what Celtic are willing to sell him for. Financial prudence does that for you. Not “splashing the cash” every time you make a bit of a profit.
I find it astonishing that people believe Rangers turned down £8m for Morelos. The reason is simple, they couldn’t afford to. I find it astonishing that people believe the Chinese club offered that sum for him, all of the evidence I have seen points to it not being true. It was a “feelgood story” in the run up to season ticket sales. It appears to have backfired and unsettled the player.
Surely the true value of any player in Scotland can be sorted by asking the sage Ian McCall.
He seemed to be given plenty column inches previously with regard to realistic transfer values involving T’Rangers.
Smugas
February 7, 2018 at 09:04
IF King hasn’t provided the current liquidity AND FFP does what it is supposed to AND FFP is impacted by the ability to do the D/E swop, none of which is a given, then without putting in a penny King still holds the aces. IMO.
Well played sir.
========================
Forgive me but what aces does he hold.
Re my post from last night about players’ value dropping after an amazing offer is made for them and turned down.
Last season there was a player, Barrie MacKay, whose club turned down some £6m. The story was the lead story in every rag in Scotland. Six months later he was sold for 1/12 of that sum. The circumstances of the two, quite unbelievable offers, are quite unbelievably similar.
Last year’s accounts, of that club, showed that they just had to sell any (most) player(s) they had to prevent yet another annual loss. Although that club didn’t announce to the world that by turning down such a generous offer it was clear they were financially sound, the implication was there for anyone gullible enough to swallow a whale!
Re Morelos
Well , well The Record reporting this a.m. Beijing Rehne – “Morelos no longer a transfer target” – not sure I believe this , I’ll await Kheriddine’s confirmation .
ALLYJAMBOFEBRUARY 7, 2018 at 10:24
Last season there was a player, Barrie MacKay, whose club turned down some £6m. The story was the lead story in every rag in Scotland. Six months later he was sold for 1/12 of that sum. The circumstances of the two, quite unbelievable offers, are quite unbelievably similar.
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https://www.express.co.uk/sport/football/915468/Rangers-transfer-exclusive-Beijing-interest-Alfredo-Morelos
————
jUST HOW LONG BEFORE THIS PLAYER IS TOLD TO TRAIN WITH THE UNDER 20’S?
Previously linked with a move to Bundesliga side RB Leipzig, McKay’s
Ibrox future in doubt after he is sent to train with Under-20s
http://www.dailymail.co.uk/sport/football/article-4641706/Rangers-star-Barrie-McKay-s-Ibrox-future-doubt.html
Homunculus
King is atop the marble staircase both literally and in the emotional sense i.e. he still has the bear on the street’s backing.
He has sustained this, one understands, whilst first Johnston and now a.n.other have funded the continuing loss. The continuing loss is questionable enough anyway, but running up a loss with a singular kamikaze goal to achieve European football and then being denied it by virtue of an FFP infringement would seem particularly careless.
The two most likely FFP infringements would be ‘an event’ (and fwiw I agree with Bordersdon re the likelihoods of that happening) and a failure to complete the D/E swop. Arguably King holds plenty control re the former albeit it would be their own doomsday button I suspect. And equally he holds plenty control of the latter since without his agreement it can’t happen. He can actually use the action against him to his own personal benefit if that makes sense.
And all without having put in any more than his original stake.
Not much to report from the Court of Session hearing this morning re the BDO/RFC (2012) v D&P case, although JC may have more from his notes
D&P as respondents were looking for a “specification” of documents on which BDO were basing their action. Gavin MacColl for D&P argued that the administrators didn’t know what it was they were being accused of doing/not doing and were seeking that BDO provide more information.
Craig Sandison for BDO confirmed that both parties already had copies of all the documents (40 boxes), BDO had the physical ones passed on by the administrators to the liquidators, while D&P had a mix of electronic copies and physical documents, including some that had been returned after being seized by the police. He went on to say that the outline of the case against the administrators had already been provided in notes before the court and a couple of reports from an “expert”. Mr Sandison was willing to accept the specification requested, if it was amended to exclude all documents that D&P already have in their possession (the 40 boxes plus the expert reports)
We don’t know what is in included in the notes or the expert reports, although Lord Doherty did mention “lack of experience” and “not to the appropriate standard” when passing comments during the hearing.
Lord Doherty tended to side with BDO’s arguments. While he did grant the “specification” request, he did so in the amended form as sought by Mr Sandison.
And that was about it. There was no date set for any future hearings.
It was suggested that any “proof” hearing would be very much in the form of “expert” v “expert”.
Presenting, in the red corner, ‘expert’ for BDO……. Sir Isaac Newton
and in the blue corner, ‘expert’ for D&P……… King Canute
HomunculusFebruary 7, 2018 at 09:52
bordersdon February 6, 2018 at 22:26 To be honest I was just about as much pi**ed off about the continuing saga in the smsm about how much Dembele was worth and who was bidding! ====================================
As a Celtic supporter I agree. I get fed up reading their unsubstantiated tripe on an almost daily basis. As to what Dembele is worth, the cliche goes “he is worth what someone is willing to pay for him”. I have yet to see anything which substantiates that being the huge sums being quoted in the papers. Scoring a few goals in Europe and an unbeaten treble in Scotland doesn’t make him worth the figures quoted, in my opinion.
The huge difference here though is that Celtic really don’t have to sell Dembele. So if there are any offers then they can wait until they get one which is acceptable to the club. If clubs make offers for Dembele, and Celtic don’t think it’s enough, then he won’t be sold. So in this instance, he is actually worth what Celtic are willing to sell him for. Financial prudence does that for you. Not “splashing the cash” every time you make a bit of a profit.
I find it astonishing that people believe Rangers turned down £8m for Morelos. The reason is simple, they couldn’t afford to. I find it astonishing that people believe the Chinese club offered that sum for him, all of the evidence I have seen points to it not being true. It was a “feelgood story” in the run up to season ticket sales. It appears to have backfired and unsettled the player.
—————————————————————-
I wasn’t drawing a parallel between the circumstances surrounding the stories, just saying they were equally tiresome. For the avoidance of doubt I do not believe TRFC turned down a bid of £8m for Morelos. I would also say that I think that Celtic would have sold Dembele if £20m had been offered (not saying that they said that they turned down a bid of that amount though).
easyJamboFebruary 7, 2018 at 11:52
‘.. although JC may have more from his notes.’
______________
No , nothing really to add. The proceedings lasted scarcely more than a half hour.
I have read back the handwritten notes I made at the last BDOv D&P hearing that I was able to attend, which was on 20/07/18. I have a wee scribble in them about the ‘expert’
This was in the context of there having been some suggestion by the Respondents at the time that the expert being used by the Noter (BDO) might be in some way compromised by having previously acted in some way in a connected matter. Mr Sandison for the Noter had at that time asked that that be cleared up then, because he did not want in subsequent proceedings to have the evidence of the ‘expert’ challenged.
There was no mention of that circumstance today.
There was also no discussion of another matter that had been raised by the respondents previously, namely, whether such documents as might have had hand-written, casual notes or comments on them, notes made by solicitors for D&P when they were telephoning each other or their clients, about the case, had been made available to the Noter.
I assume that both these matters were dealt with at hearing I was not able to attend.
[ Lord Doherty , granting the ‘specification’ request as amended, asked the parties to get together to move things on; as eJ suggests, the feeling is that the Court kind of thinks that Counsel for D&P are dragging their feet, and I think that Lord Doherty said that they were using the wrong means of dealing with the question of establishing precisely on what documents BDO have founded their case. (He had earlier made the point that both sides had the ’40 boxes’, albeit in different formats)
To me, anyway, the implication was clear that Lord Doherty felt that the Respondents had enough already, and with such other documents as the Noter was now to produce under the amended ‘specification’, they should be able to construct their replies to the averments made by BDO]
It would have been a bit of an elephant in the room for the next 3 weeks if there was absolutely no more phone calls from Beijing Reinhe regarding Morelos. Seems that today’s Express and Record have been called into magical action to make said elephant disappear by printing the same story which tells us that “according to a report” there will be no more bids. If last weeks action by Rangers in which they demanded an apology from a journalist who had printed a story to say they had received no bid wasn’t strange enough, now we have the bidding club apparently spending their time compiling reports for media consumption all around targets they themselves have no further interest in.
If I were to put on my detective cap here I would be coming to the conclusion that it is vitally important to Rangers Football Club that they were seen to be able financially to turn down that £8 million. But why? Only thing I can think of, and yesterday’s newspaper interviews with Stewart Robertson back this up, is that at some point in the near future Rangers are about to do something along the lines of “solvent restructuring”, questions asked about this restructuring’s solvency by any press hack bold enough to raise will surely now be met with,”if we are skint like you say why are we turning down £8 million for one of our players? In summary, and with no insider knowledge I now believe that the Morelos story is there purely to make a future restructuring of RIFC and TRFC look like it’s all kosher.
bordersdonFebruary 7, 2018 at 12:09
I wasn’t drawing a parallel between the circumstances surrounding the stories, just saying they were equally tiresome.
=========================
Sorry if this didn’t come across. I totally agree they were equally tiresome.
Unsubstantiated newspaper nonsense.
Maybe if they put the same effort into investigating and reporting things which were actually happening we would all be better off and some people might actually buy them … for the news.
I think the difference between the Dembele stories, and the Morelos one, is that, if Celtic were putting the stories about, as opposed to it just being paper talk, then it was just everyday feelgood PR for the sake of their supporters, to maybe sell a few more STs or walk-ups. It could be looked on as a form of advertising. Certainly, Celtic have not used it to get any other message across, other than that they have a very good player on their books.
There is, however, something much more sinister about the Morelos tale, and it has been used to get a non-football message across. It is also a repeat of a slightly less overt message put out at the same time last year, and yet the SMSM have not cottoned on, or, at least, mentioned it!
Think about it! How is it possible for no, so called journalist, to draw on this so obvious comparison?
Smugas
February 7, 2018 at 11:06
================================
What you see as “holding the aces” I see as a man being in charge of a business on the brink of failure, who can do little to stop it and will be villified when it happens.
I suppose the Captain of the Titannic held all the aces if one chooses to look at it that way.
Here’s a headline from the Express we could have all written…about a fortnight ago!
‘Rangers transfer exclusive: Beijing cool interest in striker Alfredo Morelos’
Why can’t we be like Spain, and nail the cheats?-and get the money back.
“Manchester United striker Alexis Sanchez sentenced to 16 months in prison – but will not serve jail timeSanchez accepted commiting tax fraud of €1m during his time at Barcelona”
“The Independent” today.
DR today;
“Graeme Murty and Pedro Caixinha’s Rangers records compared
Stats are only part of the story but this Ibrox head-to-head may surprise you.
…
Of course statistics only tell half the story.
Murty’s big-game record, for instance, far outweighs that of his predecessor.
…”
===================================================
We all know the DR is a ‘simple tool’ for Level42 to have their p!sh copy/pasted without question.
The article above is just one such example.
Murty is much better then Pedro – so there.
But,
in addition to brainwashing the receptive bears into agreeing with the continuous stream of positive PR…the DR also includes a Poll at the foot of this article, with the slanted question;
“Is Graeme Murty a better manager then Pedro Caixinha?”
Now, IMO, the DR enables reinforcement in their newspaper of PR Fake / Jakey News.
We’re not being given much of a choice now that Malky Mackay is being touted for Scotland manager – two turncoat tax dodgers and a serial racist . Now that Regan has gone , why not invite WGS back on a temporary basis to cover the friendlies and advertise the post internationally to find a suitable candidate . He knows how to do the job despite the clowns at the SFA . I don’t like him either but this is going beyond farce .
PADDY MALARKEY
FEBRUARY 7, 2018 at 15:37
…
Now that Regan has gone , why not invite WGS back on a temporary basis to cover the friendlies and advertise the post internationally to find a suitable candidate.
…
===============================
That’s a very sensible and workable suggestion PM.
And one that the blazers will probably not even entertain!
And you would think that it is imperative that a CEO is in place BEFORE the manager position is decided ?
So, that won’t happen either…
Homunculus
OK, so to call his bluff they have to crash the bus. A/ they don’t want to do that for hopefully obvious reasons if they can find an alternative. You can bet your last cent King has given them that alternative. £20m wasn’t it Dave? B/. This bus they’re crashing. They have a pretty hefty investment in that bus. Its THEIR bus. Willing to write it off to prove a point? Doubt it.
What’s Steve McClaren doing nowadays ? He has the experience and a Scottish/Northern Irish surname – what’s not to like ?
Smugas
February 7, 2018 at 15:50
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Don’t you think he is pretty much in the same position.
You see a man holding all the aces.
I see a man with a gun to his own head saying “Anyone move and the Sheriff gets it”
Mel Brooks really does have to direct the movie.
Another curious aspect of King and his apparent, impending ‘cold shoulder’…
You would think that both Campbell Dallas and Metro Bank would have discreetly ended their business relationship with RIFC/TRFC before now ?
Can’t imagine Metro Bank derives that much income from the Ibrox company.
And although the auditors get a nice payday, why wait until they are forced to act?
Having your organisation’s name frequently linked with such a dodgy character as King in the media should have rendered those business links untenable before now?
HomunculusFebruary 7, 2018 at 16:08
I think what Smugas is alluding to is that, within the RIFC boardroom, King holds all the aces. That’s because he is the only one that knows there’s a game going on, or, at least, what the actual game is that’s being played.
But, despite his ability to cheat and get away with it, he eventually slips up having overplayed his con, and the other players realise that all four aces are black
(or red).
King’s gambit, though, is to be well away from the gambling den before his switcheroo is discovered.
It now transpires where all things Sevco are concerned the BBC (Blue Brethren Cohort) cannot now even count up to eight.
http://www.bbc.co.uk/sport/football/42975907
For all it was an excellent goal, six touches???????
StevieBCFebruary 7, 2018 at 16:20
Another curious aspect of King and his apparent, impending ‘cold shoulder’…You would think that both Campbell Dallas and Metro Bank would have discreetly ended their business relationship with RIFC/TRFC before now ?Can’t imagine Metro Bank derives that much income from the Ibrox company.And although the auditors get a nice payday, why wait until they are forced to act?Having your organisation’s name frequently linked with such a dodgy character as King in the media should have rendered those business links untenable before now?
___________________
I think that a lack of negative press will be keeping those upstanding financial institutions onside for a while yet, at least, and who knows, the Morelos story may well have been for the benefit/’wool pulling over the eyes’ of one, or both, of those institutions.
In fact, what if this widely publicised inflated valuation of a player isn’t to fool the supporters, after all, but to help inflate the asset value of the club when Campbell Dallas come to audit the annual accounts, maybe even the interim ones? Could it even be that without this asset worth £7.5m that RIFC/TRFC is trading whilst insolvent? Didn’t Murray do similar with the valuation of Ibrox and Murray Park?