Of Assets and Liabilities

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HirsutePursuit says: Sunday, November 4, 2012 at 23:24 Ah the Max Bialystock …

Comment on Of Assets and Liabilities by Agrajag.

HirsutePursuit says:
Sunday, November 4, 2012 at 23:24

Ah the Max Bialystock hypothesis again.

Agrajag Also Commented

Of Assets and Liabilities
Not The Huddle Malcontent says:
Monday, November 5, 2012 at 11:25

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I think he is just playing to the crowds again. Both the SPL and the SFL have collective media arrangements, and as far as I know clubs do not have the option to opt out and go their own way. If you are in the league you are part of the collective bargaining process.

The SFL put their media rights up for sale and the SPL bought them. It is widely believed that Peter Lawwell was at the meetings with both the SFL and Sky.

Once the SPL had bought the SFL rights they packaged them together with their own and sold packages to Sky and ESPN.

I’m not really sure at which point Sky would be asking Charles Green, or any other CEO to sign things. Their deal is with the SPL as far as I am aware.


Of Assets and Liabilities
Re attendance.

There really are two figures.

The attendance figure issued by most if not all clubs takes Season Tickets (whether the person attends or not) plus “match day” sales (whether the person turns up or not) plus any others for example complementaries. I believe this is common practice.

The Police figure for attendance will be just that. The number of people in the stadium, or as close to that number as they can get. They really won’t be interested in whether those people paid or not, or whether people paid but didn’t actually turn up.


Of Assets and Liabilities
doontheslope says:
Monday, November 5, 2012 at 04:54

The headline to Hugh Keevins’ latest:

CELTIC TRUST’S PLAN TO SELL JERSEYS IS A DAFT ONE.

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From the “article”

Barcelona can afford to have the Qatar Foundation on their shirts as a charitable gesture. Celtic have bills to pay.

The reality

http://www.guardian.co.uk/football/2010/dec/10/barcelona-shirt-sponsor-qatar-foundation

Barcelona have reached a five-year, €150m (£125m) deal with the Qatar Foundation for it to join Unicef as the Spanish champions’ shirt sponsor.

http://www.dailymail.co.uk/sport/football/article-2041727/Barcelona-ratify-148m-kit-sponsorship-deal-Qatari-Foundation.html

http://www.barcelonareporter.com/index.php?/news/comments/fc_barcelona_shirt_sponsor_deal_with_qatar_foundation_richest_deal_ever_but/

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So this charitable gesture, as Keevins describes it, raises them something like £25m per year. More than Rangers’ entire alleged turnover for the season.

FFS the man is an idiot, why would anyone take him even remotely seriously. Surely a “reporter” realises that they must get the basic crux of their argument right.


Recent Comments by Agrajag

The Real Battle Begins?
If they raise money through the floatation, use that to renovate the stadium and re-build the club, get it back to the SPL and competing in Europe then it will be a much more attractive sale. Particularly if it is debt free.

The holding company can then sell the club, 100% of it, without any pesky fans in the way.

The fans will then have shares in a business which they have no interest in. They are not buying shares in their club, they are buying shares in a company which could quite easily sell their club some time in the future.


The Real Battle Begins?
goosygoosy says:
Saturday, December 8, 2012 at 16:07

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A disclaimer regarding the asbestos risk, and no sight of the title deed does not seem to be a very thorough valuation.

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Condition of Buildings

Our inspection of the subjects did not constitute a structural survey nor did we inspect woodwork or other parts of the structure which were covered, unexposed or inaccessible. Also, the various services have not been tested and we are not in a position, therefore, to report that any of the properties are free from defects.

We have not had sight of an Asbestos Risk Assessment relative to the subjects and cannot report that they are free from risk in this respect. Accordingly, we have made the assumption that such an investigation would not disclose the presence of any such material in any adverse situation or condition.

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But bear in mind this is a Depreciated Replacement Cost, as I understand it, how much it would cost to rebuild the stadium, as opposed to a value if they were to sell it.

————-

IBROX STADIUM, 150 EDMISTON DRIVE, GLASGOW

Total value, calculated on a Depreciated Replacement Cost
basis –

£65,200,000 (SIXTY FIVE MILLION TWO HUNDRED THOUSAND POUNDS)
allocated as –

Buildings
£61,500,000 (SIXTY ONE MILLION FIVE HUNDRED THOUSAND POUNDS)

Land
£3,700,000 (THREE MILLION SEVEN HUNDRED THOUSAND POUNDS)


The Real Battle Begins?
Release the prospectus and announce the controversial Traynor appointment at the same time.

Hmmm!


The Real Battle Begins?
Yes Jim, your peurile spat with Chic live on radio was really professional and uplifting.

Oh and Rangers did cheat the tax man, out of at least £20m, and they did hide records, and procrastinate, and they did try to mislead and conceal. And they did do the same with the Scottish football authorities.

You were wrong, again.


The Real Battle Begins?
Can “The SPL” actually just change it’s basic structure.

I thought The SPL was the members, the teams in it. So in order to change anything they would have to vote on it and agree that new structure.

That would be the same teams who voted that Rangers could not be forced into the SPL not that long ago. Do people think that has changed significantly, or that the supporters of those clubs would feel any differently than a few months ago.


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