The Causes of Crime

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As we head towards the end of the calender year …

Comment on The Causes of Crime by wottpi.

As we head towards the end of the calender year we once again hear rumours of T’Rangers running out of cash.
This time the rumours are related to water rates.
This is just the latest in a long line of cab driver type talk that we have seen over the years but little has come to pass.
However regardless of what financial ghouls come knocking on the Blue Room door history tells us that come January T’Rangers have needed additional finance be it from the likes of Ashley or RRM.
As discussed with Easyjambo the other day the finances may actually be better this term than they have been for a few years.
However if sustainability has not been achieved and additional investment is still required then there is no-one left to blame.
If an AGM is held in December, as has been the case, King will have been at the helm for a year and a half.
He has got nowhere  with Ashley. He seems to have pissed of Puma and now BT are in the Ibrox Big Book of B’stards. I doubt even the SFA are all that happy re the various cup final statements.
Despite Joey always having been a problem character my guess is that given the circus, many an English club and players agents will be a bit more careful really the possibility of loan deals and the likes come January.
They are running out of friends.
The income for this season is as good as it is going to get down Govan way for a while.
If the rumours are true and they  can’t manage on that then the whole operation is a busted flush.

wottpi Also Commented

The Causes of Crime
BARCABHOYOCTOBER 21, 2016 at 16:45

I have a post in moderation pointing out a number of issues. (Not sure why it is stuck there)

One being that it would appear, if the internet info is up to date, that the same consultancy deals with both the Celtic and T’Rangers water supplies and the figures mentioned re savings made through good water husbandry again are similar to those you mention and those I have posted re Hampden.

As you say there is info out there that you would expect folks to have a look at before going to ‘print’, be it E-tims JJ or others.

There may be some water supply issues in the south of Glasgow but a pipe running to the nearest church some 550m metres away from the Ibrox Superstore to siphon off free water takes some swallowing.

This ‘back of a cab’ type talk does us Bampots no good whatsoever.

The Causes of Crime
ZAM1OCTOBER 21, 2016 at 09:35

To be honest Zam I would just keep the heid and continue to listen to the level heads on this site.

Both Phil and JJ appear to have their sources. Both make claims but in terms of the nuclear blast everyone has fallen short over the last four years.

Phil is clever enough to be wary about mentioning figures and outcomes. The term developing story is used a lot and some issues fall away without being heard off again. Of course it may still be a developing story but that tends to be a coverall.

Also Phil at least appears to try and double check some of the financial issues with his ‘man in the city’. When it comes to roofing matters and water consumption I am sure he would try and source an opinion from someone in those fields before making grandiose claims. That is why we have only seen teases of information from Phil.

Happy to be proven wrong but over the past few months JJ appears to have been pushing for donations to his site and seems to be more concerned about getting that big exclusive scoop over the SMSM.

Don’t get me wrong I like some of his stuff, however, as with my earlier post a quick web search appears to indicate that £2.28m in water consumption over two years appears to be “off the radar” for a 50,000 seater stadium when compared to Hampden.  If that level of expenditure was transferred pro rata to smaller clubs/grounds  then I am sure we would have heard an outcry by now from a whole range of clubs given how that would affect their meger budgets.

Perhaps the £2.28m figure is made up of different elements, maybe fines, who knows but on the face of it, IMHO, there needs to be a lot more information and detail on this one.

As I keep saying I think it is unlikely there will be a nuclear event. The boards run by Wallace and Llambais were no fools. These guys will have known what the current and future expenditure would be along with where problems lay ahead. People like Park and Robertson come across as decent guys who play with a straight bat. They have reputations to protect.

As discussed with Easyjambo the other day the Ibrox accounts may be heading in the right direction if some austerity has been applied.

The operation does however need to be run as a tight ship. Despite increased income from ticket sales this season I guess they will still need some additional investment shortly  as I do not believe, given the size of the overall club operations, they will have been able to cut the overall historical operating expenditure significantly and I believe the player wage bill is mostly increasing above previous years published figures. (Big money signings like Barton etc and enhanced packages to existing players, Wallace Tavenier Waghorn etc).

An unexpected cost could indeed pose problems and there may indeed be one coming down the line. However I think it will be a basic cash flow problem allied to being unable to get a credit line from a reputable bank for that pay-day loan should something break that will pose the problem more than the water being shut off or the roofs caving in.

At the end of the day the club is now just like any other in Scotland bar Celtic. It is living hand to mouth and relying on the contributions for fans via ticket and retail sales, contributions to potential funding vehicles like 1872 and from the generosity of individuals.

The Causes of Crime
Never fail to be surprised by the events down Govan way but the water story as described by JJ seems too far fetched.
Firstly the figures appear too high.
Based on that article and with a rough late night calculation  I make Hampden’s annual water consumption to have been charged at around £92k per annum if £40k represents a 35% saving on a previous 15 month figure of £115k
Secondly the reason for the free water is given as a deliberate ploy that has been going on for two years.
As I reminded folks the other day King & Co have only been in post for 18 months.If as claimed an invoice was issued 3 months ago and if investigations have shown any fault was due to the actions of the old board two years ago, do we not think King would have been running to the courts and the papers?
Maybe T’Rangers are behind in their water bills but not by the amounts claimed.

Recent Comments by wottpi

It Is Better To Offer No Excuse Than A Bad One
HOMUNCULUSDECEMBER 28, 2017 at 13:48

Indeed. And that was my other thought.
Even if Mark Allen does a good job T”Rangers wouldn’t see any cash for any upcoming talent (internal or bought in)  for a god number of years.
To date a good few lads showing talent have been allowed to leave to keep the lights on.
At present the only prospect they have is McRorie who I think has stepped up and performed well when asked.He certainly has confidence and could develop into a decent centre back playing with the likes of Souttar for Scotland.

It Is Better To Offer No Excuse Than A Bad One
I am sure the thought will have crossed other’s minds but will say it anyway.
Celtics ‘free money’ from the VVD  transfer is more than T’Rangers stated  loan requirements to keep the lights on for the next year or two.
Thats the size of the gap between Celtic and the rest of us.

It Is Better To Offer No Excuse Than A Bad One
DECEMBER 22, 2017 at 12:56

Lets just call it 14 February for old times sake and serendipity. 21

It Is Better To Offer No Excuse Than A Bad One
Statement O’clock but on another matter.

ClydeSSB tweeting Murty appointed until end of the season.

It Is Better To Offer No Excuse Than A Bad One
EASYJAMBODECEMBER 22, 2017 at 10:33

Thought that may be the case but was wondering if someone would be trying to get ahead of the game.

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