Past the Event Horizon

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Incidentally, a good Christmas present those in the MSM …

Comment on Past the Event Horizon by TSFM.

Incidentally, a good Christmas present those in the MSM :slamb: who advocate more spending in pursuit of European glory;

  • a copy of Downfall or,
  • a list of European successes of Scottish teams over the last ten years where you will find Gordon Strachan and Neil Lennon’s Austerity Celts have performed way better than Hectors Millions or even O’Neill’s Opulence :mrgreen:

TSFM Also Commented

Past the Event Horizon
A very Happy Christmas to everyone on TSFM. Here’s hoping for a warm and happy day with friends and family for everyone who has made this year a fun-filled, instructional episode in my life πŸ™‚

Thanks!

Also a time to remember absent friends like Paul McC and Corsica.
Also to my very good friend Stunney, who is still lurking.


Past the Event Horizon
I don’t think it is anything in the Rangers DNA that is preventing them from getting credit.

Pre-Murray, Scottish Football clubs didn’t operate with lines of credit. Post Murray and into the yuppie football boom, banks were generous in the extreme (some more than others of course) but now the banks are deleveraging all clubs and reining in the overdrafts and looking to clear debts – no matter how well (or badly) a club is run.

As a new club/company, TRFC, like any other footie startup, will only get tick if there is collateral provided in the form of property or personal guarantees from directors. TRFC are unable to go for the former due to politics and the latter due to the reluctance and/or lack of billionaire status of the main protagonists.

As someone said many moons go on RTC, they urgently need someone to bring about Β£30m to a bonfire to get to the same stage as most other clubs.


Past the Event Horizon
OT

WRT Paul McConville’s sad passing, many TSFMers have suggested that we could make a donation to Paul’s family via the blog – and already Β£100 has been pledged to that end. It has also been suggested that Paul’s family may prefer to have any donations sent to a charity of their choice.

I will sound them out about that through a mutual friend and get back to everyone with any result. If anyone wishes to make a donation, you can do so via the Donate to TSFM button, but make sure that you leave a message with Paul’s name so that we can be sure your money ends up where you intended.


Recent Comments by TSFM

Scottish Football: An Honest Game, Honestly Governed?
bogsdollox says:

March 7, 2014 at 1:08 pm

Alan Price says:
March 7, 2014 at 12:54 pm

+++++++++++++++++++++++++++++++++++++

Rangers were not the lender. The Sub-Trusts, into which Rangers made a contribution via an EBT, are the β€œlender”. Rangers gave the money away and there can be no suggestion of repayment to them.
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Yes, but had the loans been repaid by the lendees, Rangers would have been able to apply for one themselves had they set up a sub-trust in their favour. Therefore the money would have been available to the club in times of hardship.

Or perhaps I am missing something here?


Scottish Football: An Honest Game, Honestly Governed?
Auldheid
Res 12 is as you say important, but I am convinced that Celtic have no desire whatsoever to pursue its aims.
We could have a discussion about the possible reasons, but ultimately if DD is disinclined to seek a proper answer to these questions, then the SFA will dodge the bullet.
Thus my question to Campbellsmoney: do individual (or groups of) shareholders have locus to seek legal redress here?
Going at it in that fashion may even force Celtic and other clubs for that matter to come on board.


Scottish Football: An Honest Game, Honestly Governed?
Campbellsmoney

Is there anyone outside of the clubs who may have locus to challenge LNS? Is there any basis for a challenge?

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”
I don’t know is the answer, but I doubt it. You see its not a question of law really. Its not a proper court – its a made up thing by a private body.
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I meant a challenge in law. For example, is there a framework whereby a shareholder(s) of a club(s) could challenge the outcome?

It does seem rather odd that, if a most people here believe, RFC achieved honours dishonestly and in doing so denied other clubs prize-money and opportunity that those clubs are reluctant to seek redress.

My guess I that the must have something to lose by bringing that up – but what?

Is there a mechanism through which the SFA/SPL could be sued by individual shareholders for loss of earnings caused by a lack of proper regulation by the governing bodies.


Scottish Football: An Honest Game, Honestly Governed?
Campbellsmoney

Is there anyone outside of the clubs who may have locus to challenge LNS? Is there any basis for a challenge?


Scottish Football: An Honest Game, Honestly Governed?
Kicker Conspiracy

Double click or tap on the TU and it will change your vote πŸ™‚


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