Podcast Episode 3 – David Low

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Twopanda says: May 2, 2014 at 8:29 am Today`s the day then …

Comment on Podcast Episode 3 – David Low by South0fThe Border.

twopanda says:
May 2, 2014 at 8:29 am

Today`s the day then – admin day or not


I am not an insolvency practitioner so am very open to correction. If someone was going to petition the court for the appointment of an administrator then I would have thought that they would have already done that by now. A similar company that ran a football club that had financial difficulties, had a creditor (HMRC) apply to the court in Edinburgh on 13th February 2012, but wasn’t officially in administration until 14th February 2014 when the court appointed the administrator.

Not sure if the same applies in Scotland, but down here a company or its directors (not a creditor) can apply for a court to appoint an administrator without petitioning the court – but inform the court which can be done by fax at any time. The administration is deemed to start when the fax is sent/received even though it may not be processed until the next working day. So they could submit a fax before 16:45 tomorrow (before the end of the final match of the season) and we wouldn’t know about it until sometime the next working day – Tuesday 6th.

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Podcast Episode 3 – David Low
essexbeancounter says: May 4, 2014 at 11:04 pm
Yarmy…just returned from a lovely Sunday evening in the Epping Forest…three pints of Adnam’s Broadside raised to your side
A bit OT but if we’re discussing pubs in a misspent youth – Essex – were you at the Forest Gate in Bell Common? Drank there a few times whilst they built the M25 through the nearby cricket pitch – they were very considerate and covered it over to form a tunnel and restored the cricket pitch on top!

Podcast Episode 3 – David Low
Tuesday’s Daily Mail back-page – very relevant:

No – not the bit about trouble at Old Firm Youth Cup Final – and not the bit about King’s Wrath.

It’s the advert – “Have you suffered loses because you were Mis-Sold an investment”

Podcast Episode 3 – David Low
TSFM says:April 29, 2014 at 12:25 am

Big Pink is meeting with Turnbull Hutton later in the week, so we can expect a new Podcast with the Raith Chairman soon.

That’s gotta be worth a fiver to listen to!

Recent Comments by South0fThe Border

Spot the difference?
nowoldandgrumpy says: February 18, 2015 at 2:37 pm
just seen this on twitter. If true does that mean they still have to pay the two hotels some money?


I wouldn’t have thought so – the hotels themselves cancelled the meeting so certainly no money due or lost deposits for the full meeting taking place. As for having to hold a meeting at the originally specified venue to adjourn it to another time and place – I would have thought that one person sitting in the hotel foyer would achieve that administrative task.

A Sanity Clause for Xmas?
Richard Keys tweeted this morning “We should all be concerned by what’s happening at Rangers, this isn’t right.” with a picture of the Record back page. He then started getting into a dialogue with a few fans after he then said that Rangers were ‘needed’. Also said that Keith Jackson had been on top of things for the last 3 years, until someone pointed out that it was actually Phil that led with most things.

He then said that Rangers would be big topic of discussion of the Keys&Gray program this evening on beIN Sports. The program’s just been on and they did lead with Rangers – but instead of the usual Scottish football suffering, Rangers needed back in the top flight, etc; it was just Andy Gray being very factual about Ashley’s loan and saying whilst there are others who could loan, that he is in the driving seat. Lasted less than 2 minutes before they moved on to Van Gaal’s problems!

A spectre is haunting Scottish Football
GoosyGoosy says: December 15, 2014 at 4:43 pm
25 3 Rate This

In reality it is McCoist who has the ball at his feet
He should say nothing, stick it out and ensure he is well advised

I was thinking much the same after Keith Jackson said a couple of weeks ago after the Alloa defeat:


ALLY McCoist may not want to accept defeat but walking away without a pay-off would mean he could tell the whole Rangers story from the inside, says KEITH.
Which is why McCoist should consider calling their bluff and calling time on himself. Waiving his right to a pay-off in order to ensure that his silence cannot be bought.

Then at least he would be free. Free not just to to walk away from this toxic, mushroom cloud of a football club but free also to blow the whistle on what he has witnessed of it from the inside.

There are few if any in this story who know more than McCoist about what really went on under Whyte, throughout administration and post liquidation after Green’s big hands had grasped control of the assets. McCoist may well be sitting on the Rangers story to end them all but even if he is not, then he has a chance here to get it all off his chest in any case and to share what he knows with these fans who have been kept so far form the truth throughout it all.

That would be some way not just to restore his legacy but to safeguard it for the rest of time.

And then on Friday evening (before the QotS match) Keith Jackson was interviewed on the Keys and Gray show on BeIN Sports about McCoist’s resignation and again he was suggesting that McCoist should leave without a payoff and sell his story which would be worth much more.

I would imagine that the Daily Record and others are in contact with McCoist’s agent to negotiate the fee for an exclusive publishing contract. That would also enable to him to say that his waived payoff should be used to maintain jobs of the ordinary workers.

A spectre is haunting Scottish Football
John Clark says: December 2, 2014 at 9:44 pm

“The Scottish FA will host its inaugural Convention at Hampden Park tomorrow (Wednesday 3rd December) with a star-studded line-up of guest speakers providing insights across the whole spectrum of football.

Confirmed speakers include Barry Hearn, Chairman of the hugely successful Matchroom Sport, who will discuss the global success of his boxing, darts and snooker divisions.

What a good choice of speaker for the SFA – I notice that he is not down for discussing how to make money out of owning a football club (Leyton Orient) outwith footballing related activities!!

Hearn bought Leyton Orient in 1995 and the Brisbane Road land freehold for their stadium is owned by London Borough of Waltham Forest and the 999 year lease from Waltham Forest is just £1 per year according to The Leyton Orient Fans Trust. In 2004, the Council entered into a deed of variation to the ground lease which excluded the 4 corner sites of the ground from the Leyton Orient lease and enabled them to be separately sold for the development of flats. As a result of this agreement they received a sum of £7.35m with just £1m being agreed as payment to the Council who owned the freehold – of which he paid a £500k instalment a year late!
In 2009 Leyton Orient sold the stadium with it’s 990 remaining year lease to Hearn’s Matchroom Sports Limited. Matchroom then granted only a 20-year lease to the club, rent-free for the first five years, then £180,000 a year for the next five years, and reviewed again in years 10 and 15.
Add to that, after their bid for the Olympic Stadium was turned down and after fully supporting Tottenham Hotspur’s bid, he then demanded a judicial review of West Ham’s successful bid and also threatening to take it to the EU for illegal state aid (all these clubs supposedly getting illegal state aid!). Hearn then demanded that West Ham groundshare the Olympic Stadium with Orient – seeing no other way of being able to vacate Brisbane Road so that it could be redeveloped. When this failed he sold the club 5 months ago!

A spectre is haunting Scottish Football
Photo of Arthur Montford & Archie MacPherson playing keepie uppie on Hampden’s turf:


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