Podcast Episode 3 – David Low

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It would appear that lazy “journalism” is not restricted to …

Comment on Podcast Episode 3 – David Low by Para Handy.

It would appear that lazy “journalism” is not restricted to the SMSM…


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Podcast Episode 3 – David Low
Billy Boyce says:
May 1, 2014 at 12:48 pm

Thanks for sharing this. It also begs a number of other questions.

– Given that setting up such Trusts takes time and from the sounds coming out of Ibrox, that is in as short supply as money, what are the timescales involved?
– If the Club/Company/Band of Brothers (delete as applicable) suffers an insolvency event between now and next season, how will the relationship between the Trust and the new Club/Company/Band of Brothers (delete as applicable) be set up and managed?

Probably more but a start…

Oh and while I am at it, I wonder if the SPFL/SFA will be having a wee word with the journalist of the year about wasting their time? Darryl might be Mr Unpopular around Hampden at the moment!

Podcast Episode 3 – David Low
Although a different country and a different sport, compare and contrast the decisive nature of the NBA’s leadership with that of any football association:


The debate is also interesting from the perspective of many instances of “private” comments made by directors, managers and players here in Scotland which have been dealt with inconsistently at best.

Podcast Episode 3 – David Low
One would have to assume that the business plan within the 127 Day Review takes into account the UEFA FFP rules when it targets European football?


Recent Comments by Para Handy

Did Stewart Regan Ken Then Wit We Ken Noo?
magicroundabout says:

April 30, 2015 at 3:39 pm
Anything to avoid being Chick Young. ? 🙄
I was really looking forward to Zebedee… ?

Did Stewart Regan Ken Then Wit We Ken Noo?
Chust sublime, Dougie

Did Stewart Regan Ken Then Wit We Ken Noo?
sannoffymesssoitizz says:
April 14, 2015 at 3:48 pm

Views on fan ownership model from East Stirlingshire
Interesting viewpoint and I would say a few shrewd observations. I was once in favour of fan “ownership”, not fans of the blazer and brogue variety but fans from the stands.

However, I no longer consider that to be important or indeed effective. What is needed is a governance model that:
– takes the fans into account
– involves them in the decision making processes
– gives them if not an equal say and vote in all matters, allows for it in areas that directly impact on fans – prices, facilities (inlcusinf safe standing), etc.
– enforces openness and accountability in the areas of finance, the SFA & the SPFL

The list could go on but I think that would be a fair start…

Did Stewart Regan Ken Then Wit We Ken Noo?
T’internet is a wonderful thing. Here is a brief synopsis of what is needed to become listed on ISDX:

How to join ISDX:

The admission process for issuers is clear and transparent (unlike some organisations we know).

ISDX Growth Market

The ISDX Growth Market is our market for earlier stage, entrepreneurial companies (well they are only three years old).

To join the ISDX Growth Market, all companies are required to meet the following specific admission criteria:

1. Appoint and retain an ICAP Securities & Derivatives Exchange Corporate Adviser at all times (Neil Patey, perhaps)?

2. Demonstrate appropriate levels of corporate governance including having at least one independent non-executive director (need to buy another blazer and pair of brogues)

3. Have published audited financial reports no more than nine months prior to the date of admission to trading (I am sure Deloitte’s will be happy for the work)

4. Have at least 12 months’ working capital (Over to you DCK)

5. Have no restrictions on the transferability of shares (other than caveat emptor)

6. Issue shares which are eligible for electronic settlement (just remember to keep paying the leccie bill)

7. Companies must also publish an ISDX Growth Market Admission Document, which is less onerous than a full prospectus. More information about the content of an ISDX Growth Market Admission Document can be found in the ISDX Growth Market – Rules for Issuers. (I am sure the 120 day plan could be brought up to date for this)

8. Under certain circumstances, for example if raising more than €5 million, companies may be required to publish a full prospectus for approval by the UK Listing Authority (UKLA). The company’s appointed Corporate Adviser will confirm where this is necessary. (Nae tother a ba given the excellent, well documented business acumen of the current Board)

Did Stewart Regan Ken Then Wit We Ken Noo?
Although not to do with Scottish football, IMHO this is an excellent way for fans to protest.


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