THAT Debate, and the Beauty of Hindsight

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HOMUNCULUSMAY 7, 2017 at 16:44   It seems increasingly likely that Hearts …

Comment on THAT Debate, and the Beauty of Hindsight by upthehoops.

HOMUNCULUSMAY 7, 2017 at 16:44  
It seems increasingly likely that Hearts are going to end up fifth in the premiership. 
If that transpires would the Hearts support expect their board to take any action with regards Rangers getting a placed in Europe.
It strikes me that Hearts have achieved their position whilst living within their means, whereas Rangers will have borrowed something in the region of £3m to achieve theirs. 
That seems to run contrary to the concept of financial fair play.

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Just had a look at this article again, which was published on the STV website some time ago
https://stv.tv/sport/football/1374309-explained-will-rangers-need-approval-to-play-in-europe/

What is not clear from the article is whether the SFA have to tell UEFA that Rangers have been granted a licence, but that UEFA will now need to monitor them under the break even requirement. Or can the SFA simply say everything is fine, no need to monitor.

Also, should Rangers get knocked out in the qualifying rounds, having earned precious little, what chance is there of them breaking even if their current strategy continues. So is it is a case of just kicking the can down the road and incurring a ban in season 2018/2019.

For me the main concern is how much can the SFA do without involving UEFA. I’d be amazed if Hearts are not asking questions about this privately. 

upthehoops Also Commented

THAT Debate, and the Beauty of Hindsight
Tweet yesterday from Alex Thomson of Channel 4 News. Several people on his Timeline ask him to expand but he says no more

@alextomo It seems the Scottish FA say Rangers will not be stripped of titles whatever Supreme Court’s Big Tax Case verdict might be.


THAT Debate, and the Beauty of Hindsight
Grant Russell of STV now claiming on Twitter the loans Rangers have had can’t be counted as losses. I’m lost on that one. Without those loans they would not have been able to pay their bills, and faced insolvency.


THAT Debate, and the Beauty of Hindsight
So a couple of witnesses have now stated under oath in a court that the ‘wee tax case’ was accepted before March 31 2011, which is the date the SFA have stated it had not crystallized. There will be more witnesses to come of course, and it would be wise to wait until the trial is over, but right now there must be many within the Scottish game who so far wish this case had never got near a court. Playing the paranoid card to try and end the debate looks rather silly right now. 


Recent Comments by upthehoops

It Is Better To Offer No Excuse Than A Bad One
ALLYJAMBOJANUARY 2, 2018 at 11:07

Wow! I know we are not meant to put much store on the thumbs up or down, but two people have given thumbs down to this post! Who on earth could find fault with a post respecting the dead from the Ibrox disaster?

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A bit puzzled at the thumbs down myself A.J, but there’s nowt queerer than folk as they say!


It Is Better To Offer No Excuse Than A Bad One
On this day in 1971, the Ibrox disaster happened during a Rangers v Celtic game at Ibrox. 66 fans died in a crush. Some of us remember that day, some of us may even have been there, while some of us would not even be on this earth at the time. 

We are all football fans. Nobody should go to a football match and never return home. Rest in Peace.


It Is Better To Offer No Excuse Than A Bad One
CLUSTER ONEJANUARY 1, 2018 at 19:27

“If they move out of Hampden, the SFA are in danger of leaving themselves hostages to Rangers and Celtic,” said Queen’s Park president Alan Hutchison.

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I am a Celtic shareholder and if it was up to me (which it is not), I would tell the SFA here and now that Celtic Park is unavailable for any future fixture.  However I know that will not happen, but I doubt there is anything they could do to force Celtic to allow them use of the stadium.  


It Is Better To Offer No Excuse Than A Bad One
ALLYJAMBOJANUARY 1, 2018 at 12:18

I see, too, that PMGB is issuing challenges, in two posts, to the Ibrox based boards to issue denials of what he is telling us.

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I see it is alleged £800k is owed to suppliers. In my view unless any of it is due to a financial behemoth such as one of the big six energy suppliers, then we are unlikely to see any winding up requests heading towards court. It simply wouldn’t be worth the risk for any small supplier in Scotland to do that. Having said that I find it remarkable anyone is willing to extend them any sort of credit at all, or are they worried about the bully boys on that score as well?

I’m sure the SFA will want to satisfy themselves all is well though. I am also sure a herd of pink elephants takes off from Glasgow Airport at 20:00hrs tonight with the moon as their destination.


It Is Better To Offer No Excuse Than A Bad One
Phil McG alleging a surveyor has recently visited Rangers training ground to attain a valuation, and that King has also approached a non-Uk Finance House. As Phil says this may well be King raising funds to make a share offer, but IMO it could be to raise working capital too. 


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