Scottish Football Administration in the 21st Century

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RyanGosling says: (72) October 18, 2013 at 10:09 pm In …

Comment on Scottish Football Administration in the 21st Century by Den.

RyanGosling says: (72)
October 18, 2013 at 10:09 pm

In the case of Northern Rock in particular, there was no problem until the media created one.
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“No problem”

Really!

Den Also Commented

Scottish Football Administration in the 21st Century
Not The Huddle Malcontent says: (988)

October 16, 2013 at 8:45 pm

Keep hearing rangers made a £14M loss this year.

I thought it was just over £18M – £14M operating loss + a further £4M for non recurring costs.
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£14.4m was the operating loss.
They then managed to report a profit of £1.26m when adding £20.5m Negative Goodwill (accounting adjustment that inflates Fixed assets and profit, for no good reason).

If you take the Negative goodwill out you are left with £19.25m loss, I think that is a more useful figure than reported in the accounts.. That loss is on a turnover of £19.1M.

Stockbridge’s comments did imply that non recurring costs (£4m+) were part of the Operating loss which was wrong.


Recent Comments by Den

Sweet Little Lies
The article did note that there was no image of the new kit.

Like all things Ibrox it is huge, until it ends in tears.

Why put out an announcement on Sunday morning, most of which was known, and not even have an image of the product. 

Did Sports Direct pass on their opportunity to match the deal or will they hold fire and then demolish it in court.

On the bright side, it will be ready for the 150th anniversary, in 2162.  

 

 


Sweet Little Lies
Paddy Malarkey.

Your sources are correct and the statement will be released at given time.

It is a lengthy document that outlines the feelings if the Board and also their next steps.

A leaked summary is as follows.

Since the disgraceful and democratic and legal demolition of our dignafied (sic) resolution by a large majority, our board has met to consider our dignafied response. It runs to 632 dignafied and indignant pages.

The board will deliver the statement to the SPFL tomorrow; by brick.

In essence.

"We will scream and scream until we make ourselves sick".

No change there.

 

 

 


Celtic’s Questions to Answer
"As long as it is legal"

That is ok for the common herd but, this is Sevco, why should they be constrained by rules/ laws, why start now ?


To Comply or not to Comply ?
The SFA have had enough time to frame the charges in a manner that keeps themselves out of it. Judging by the LNS inquiry they will also have a way out for Rangers. 
Of course there was a lot of crossover between Rangers and SFA so individuals cannot be charged for wrongdoing. 
I wonder if charges could be laid against Sevco for their response. The last paragraph directly questions the integrity of the governing body.
Let’s see the previous agreements between the club and the SFA. 


To Comply or not to Comply ?
Tomorrow’s press conference should be interesting, but probably another deflection from the people who gushed about a secured term loan as an overdraft facility.
How complicit of the media to hold any questions until tomorrow. Of course they may not have been given the questions yet.
There may be some new information tomorrow but I expect another Smoke and mirrors production.


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