Launch of SFSA Fans’ Survey


I can’t disagree with Ralph at all there.  If you …

Comment on Launch of SFSA Fans’ Survey by Smugas.

I can’t disagree with Ralph at all there.  If you accept that they wished to set out in 2010 to recreate the duopoly but with one side* “legally clear” of 30m of debt and 50m of tax having not contributed 1p (ok £250k deducted from winnings – they got to keep the other £79,750,000) towards it with not one person on either side* losing their job/pension over the head of it you would have to say they’ve done a damn fine job of it.  I wonder if they’ll insist that the review gives them that stupid line of honour clappy thing as they enter to answer only the questions they fancy answering, you know, legally n’that.

* for the absence of doubt the two sides are the rule makers and the rule breakers.  

Smugas Also Commented

Launch of SFSA Fans’ Survey
Going to be interesting watching the Neymar transfer saga play out with FPP issues being specifically mentioned.  Surely buying a player of that value on the never never won’t affect their sporting advantage anyway will it?

Although, in all seriousness, it is a bit like two keen Sunday drivers watching  a Lamborghini line up against a Maserati.  All good and interesting but utterly irrelevant to your day to day existence.

Launch of SFSA Fans’ Survey
AJ. You’re preaching to the converted here!

i was just responding to several comments on here that consider that Doncaster and Regan are chief architects of the continuity myth with which I would agree. but id argue they aren’t it’s chief proponents not least for all the incontrovertible evidence you and Cluster 1 list.  Instead theyre like the wee playground nyaff who starts the rumour and then steps back and revels in its impact all the time shrugging their shoulders and claiming its nowt to do with them.  

Launch of SFSA Fans’ Survey

Remember, despite all their efforts to brush it all under the carpet and move on, not one mouthpiece from Hampden has ever dared to say, ‘Rangers did not cheat’, nor that there is no case to answer!

Just one point on this btw.  Messr’s D&R being the sleekit h… they are, to my understanding there are actually precious few direct quotes or suchlike actually directly supporting the continuation myth per se.  Rather there’s just increasing amounts of intangible ‘stuff’ that seems to float around like history websites, ASA verdicts etc.  ‘Stuff’ that wouldn’t be as difficult to defend in literal court if challenged as simple honest mistakes.

At least that’s how I see it. 

Recent Comments by Smugas

It Is Better To Offer No Excuse Than A Bad One
In fairness to the pundits.   To a man Tonight (considering the chopped off derby goal) they could not understand why the tele evidence instantly available to anyone with a phone couldn’t be used in that scenario.  

It Is Better To Offer No Excuse Than A Bad One
In simplistic terms, as far as the recipients were concerned, the monies were paid in net.  I.e. as far as they were concerned all tax payable had been deducted and paid. Billy Dodds said as much on the radio as I recall.  What SDM said in one of the hearings was that they took the monies that would otherwise have been deducted and forwarded for tax added it to the payment to the player.  Hence a player who would have received £60 wages and in addition had deducted £40 in cash to give a £100 total from any other club would have received the whole £100 from oldco.  This gave rise to the famous quote about “buying players they couldn’t otherwise afford.”

so the answer to your question is…both!

The reason for the confusion of course is because the players had side letters explaining all this but sssshhhhh, they’re secret.

It Is Better To Offer No Excuse Than A Bad One
So, square the circle.

1/  King told to make offer.  No guarantee of level of take up especially given that…
2/  Future security of club predicated on King Loan.
3/  King saying he can’t afford to make offer so would presumably have to resign.
4/  Potential that him resigning causes share loss (ignoring imminent dilution).  One would think that might tempt a few more to his offer. 
4/  Also small matter that regardless of whether he resigns or not, whether he offers and whether they take up his offer, the future security of the club is still predicated on his loan.
5/  If he’s not a director can he trust the board with his extended loan, especially given that…
6/  In case you haven’t spotted it this is a loss making business.  Extending that loan doesn’t staunch the flow it simply pours more in the top to be leaked.  Staunching the flow requires more profitable surroundings (a new CL bucket).  But that needs investment and then…..

Ok you get the rest!

It Is Better To Offer No Excuse Than A Bad One
FWIW I still don’t see any advantage to them in ‘eventing.’  Threatening to ‘event.’  Yes for sure. That’ll get all the Christmas coppers rattling in the buckets  since whilst they may look down their nose at a credible challenge for 2nd it would still be a great result for them and give them European access.  Interestingly of course so does 3rd (4th?).  As clubs like Aberdeen know its actually bloody expensive in relative terms being the plucky loser.  But I fear crowd indifference would kick in.  Aberdeen losing 2000 fans by accepting 3rd is no biggie.  Rangers losing 20,000 is a different barrel of kippers.  

The no-event assumption has two core requirements of course.

1/  All parties keep speaking to each other, ignore individual rationality and act instead for the greater good of the club (don’t start) particularly in view of….
2/  Somebody, somewhere has to pony up to keep the loss making bus on the road else it grinds to a halt in the race to the top.  Shouting and screaming and stamping their foot that its all so unfair unless all the other buses are told to stop too is unlikely to get a sympathetic hearing.  Well, not from the fans anyway…. 

It Is Better To Offer No Excuse Than A Bad One
Homunculus @ 12.38

My thoughts exactly.  The AGM stuff to me made sense to a/ get a hold of 1872’s ‘new’ money with zero repayment clause and b/ to tidy up the balance sheet with a view to a euro licence (listed you will recall as essential to the clumpany’s future well being) which will surely be scrutinised like never before.  It makes no sense for the creditors to do it (unless a billionaire has flown in off the radar offering more per share for their quantum than a simple loan repayment would yield i.e. parity*) and it makes even less sense to allow a situation where the creditors can individually decide whether to do so given the fragility of the underlying company(ies).  Particularly given the reputation of some of the principle creditors.  

* parity insofar as they’d get their money back.  It is not enough to promise growth on their shares in some future dream complete with CL soundtrack if achieving said dream is literally costing you money in the meantime in terms of shareholder calls. RBS being the most recent example to spring to mind.  

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