Good Evening.
As we ponder the historic vote to create a new Governing body to oversee Scottish League football, I cannot help but wonder what brilliant minds will be employed in the drawing up of its constitution, rules, memorandum and articles of association?
Clearly, Messrs Doncaster, Longmuir and even Mr Regan as the CEO of the SFA will be spending many hours with those dreaded folk known simply as “ The Lawyers” in an attempt to get the whole thing up and running and written down in the course of a few short weeks.
In truth, that scares me.
It scares me because legal documentation written up in a hurry or in a rush is seldom perfect and often needs amendment—especially when the errors start to show! The old adage of beware of the busy fool sadly applies.
It also scares me because the existing rules under which the game is governed are not, in my humble opinion, particularly well written and seem to differ in certain material respects from those of UEFA. Even then, adopting the wording and the approach of other bodies is not necessarily the way to go.
I am all in favour of some original thought– and that most precious and unusual of commodities known as common sense and plain English.
Further, the various licensing and compliance rules are clearly in need of an overhaul as they have of late produced what can only be best described as a lack of clarity when studied for the purposes of interpretation. Either that or those doing the studying and interpreting are afflicted with what might be described as tortuous or even tortured legal and administrative minds.
If it is not by now clear that the notion of self-certification on financial and other essential disclosure criteria necessary to obtain a footballing licence (whether European or domestic) is a total non-starter — then those in charge of the game are truly bonkers.
Whilst no governing body can wholly control the actions of a member club, or those who run a club, surely provisions can be inserted into any constitution or set of rules that allows and brings about greater vigilance and scrutiny than we have at present—all of course designed to do nothing other than alert the authorities as early as possible if matters are not being conducted properly or fairly.
However, the main change that would make a difference to most of the folk involved in the Scottish game – namely the fans— would be to have the new rules incorporate a measure which allowed football fans themselves to be represented on any executive or committee.
Clearly, this would be a somewhat revolutionary step and would be fought against tooth and nail by some for no reason other than that it has simply not been done before—especially as the league body is there to regulate the affairs of a number of limited companies all of whom have shareholders to account to and the clubs themselves would presumably be the shareholders in the new SPFL Ltd.
Then again to my knowledge Neil Doncaster is not a shareholder in The SPL ltd– is he?
I can hear the argument that a fan representative on a league body might not be impartial, might be unprofessional, might be biased, might lack knowledge or experience, and have their own agenda and so on—just like many chairmen and chief executive officers who already sit on the committees of the existing league bodies.
Remember too that the SFA until relatively recently had disciplinary committees made up almost exclusively of referees. I don’t think anyone would argue that the widening of the make up of that committee has been a backward step.
However, we already have fan representation at clubs like St Mirren and Motherwell, and of course there has been an established Tartan Army body for some time now. Clubs other than the two mentioned above have mechanisms whereby they communicate and consult with fans, although they stop short of full fan participation– very often for supposedly insurmountable legal reasons.
As often as not, the fans want a say in the running of their club, but also want to be able to make representations to the governing bodies via their club.
So why not include the fans directly in the new set up for governing the league?
Any fan representative could be someone proposed by a properly registered fan body such as through official supporters clubs, or could be seconded by the clubs acting in concert with their supporters clubs.
Perhaps a committee of fan representatives could be created, with such a committee having a representative on the various committees of the new league body.
In this way, there would be a fan who could report back to the fan committee and who could represent the interests of the ordinary fan in the street in any of the committees. Equally such a committee of fans could ensure that any behind the scenes discussions on any issue were properly reported, openly discussed, and made public with no fear of hidden agendas, secret meetings, and secret collusive agreements and so forth.
Is any of that unreasonable? Surely many companies consider the views of their biggest customer? This idea is no different.
Surely such a situation would go some way towards establishing some badly needed trust between the governing bodies and the fans themselves?
If necessary, I would not even object to the fan representatives being excluded from having a right to vote on certain matters—as long as they had a full right of audience and a full right of access to all discussions and relative papers which affect the running of the game.
In this way at least there would be openness and transparency.
In short, it would be a move towards what is quaintly referred to as Democracy.
Perhaps, those who run the game at present should consider the life and times of the late great Alexander Hamilton- one of the founding fathers of the United States of America and who played a significant role in helping write the constitution of that country.
Hamilton was a decent and brilliant man in many ways—but he was dead set against Democracy and the liberation of rights for the masses. In fact, he stated that the best that can be hoped for the mass populace is that they be properly armed with a gun and so able to protect themselves against injustice!
Sadly, Hamilton became embroiled in a bitter dispute with the then Vice President of the nation Aaron Burr in July 1804. Hamilton had used his influence and ensured that Burr lost the election to become Governor of New York and had made some withering attacks on the Vice President’s character.
When he refused to apologise, the Vice President took a whacky notion and challenged him to a duel! Even more whacky is the fact that Hamilton accepted the challenge and so the contest took place at Weehawken New Jersey on the morning of 11th July 1804.
The night before, Hamilton wrote a letter which heavily suggested that he would contrive to miss Burr with his shot, and indeed when the pistols fired Hamilton’s bullet struck a branch immediately above Burr’s head.
However, he did not follow the proper procedure for duelling which required a warning from the duellist that they are going to throw their shot away. Hamilton gave no such indication despite the terms of his letter and despite his shot clearly missing his opponent.
Burr however fired and hit Hamilton in the lower abdomen with the result that the former secretary to the treasury and founding father of the constitution died at 2pm on the twelfth of July.
The incident ruined Burr’s career (whilst duelling was still technically legal in New jersey, it had already been outlawed in various other states).
In any event, in Hamilton’s time full and open democracy in the United States of America would have met with many cries of outrage and bitter opposition. Yet, today, the descendants of slaves and everyone from all social standings, all ethnic minorities and every social background has the constitutional right to vote and seek entry to corridors of power.
In that light, is it really asking too much to allow football fans to have a say and a presence in the running of a game they pay so much to support?
74. That in the course of the latter part of August 2011 Mr Ken Olverman was contacted by two senior officials of the Customs and Excise (VAT) division of HMRC. Their enquiry was in relation to invoices which had been discovered in the business records of Ticketus which bore to have been raised by Rangers FC. The invoices related to sums of many millions of pounds and the VAT element in each of them had been the subject of offset by Ticketus in the submission of its VAT returns for the last period. Such was the size and impact of this offset of VAT which had been paid by Ticketus in respect of these invoices, that Ticketus had made a claim for payment of a substantial sum to it by HMRC by way of recovery of VAT paid.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Ticketus lent to Wavetower NOT RFC – that is why the invoices had to be faked but could be “fixed” at a later date once Craigie and crew were in control but there appears to have been a block within the Rangers accounting function.
Looks like CG gloves are off (in part anyway)
http://kerrydalestreet.co.uk/topic/8817196/781/?x=0#post12300896
Looks like CF gloves are off (in part anyway)
http://kerrydalestreet.co.uk/topic/8817196/781/?x=0#post12300896
Spot the error 🙂
Front of the DR,
from KDS.
http://kerrydalestreet.co.uk/topic/8817196/781/
Comedy Gold @ Charlotte
ecobhoy says:
June 30, 2013 at 11:37 pm
=========================================
You make many good points, especially on reporting of rumour and innuendo as fact. However, that brings us back to a point that has been much debated on here, i.e are Rangers a new club or the same club. It is reported as a fact in many media outlets they are the same club. It does not help that persons who are biased towards Rangers like Chris Graham have managed to ingratiate themselves with the media, some of whom seem only too keen to report his opinions on Rangers status as a club as a fact. Indeed, you only need to look at the Twitter accounts of Richard Wilson, Tom English and Graham Spiers to see the cosy wee relationships they have with Chris Graham and the supposed intelligentsia of the Rangers Standard website, all of whom bang the drum constantly that Rangers are the same club, although Spiers has not been convinced. You will see no such relationship by any journalist, or group of journalists with a similar group of Celtic fans, or indeed fans of any other club. This has led to the following rumours becoming facts
1) Rangers came out of Administration
2) Rangers were punished by relegation to the 3rd division
3) Rangers were punished by receiving a three year ban from Europe
4) Rangers managed to fit a crowds of approx. 50K into approx 35K seats
I think we can still see where the real problem lies in terms of getting the facts out there, and it’s not from the bampots.
Have a good day everyone!
heraldscotland.com/sport/football/early-release-proves-rich-reward-for-goian.21484411 … wow
http://www.heraldscotland.com/sport/opinion/rangers-have-to-keep-an-eye-on-their-spending-or-face-financial-woe-again.21493542
It would be interesting to know the source of the figures, but at least the right questions are finally being asked.
Carfins Finest. says:
July 1, 2013 at 8:08 am
1 0 Rate This
heraldscotland.com/sport/football/early-release-proves-rich-reward-for-goian.21484411
+++++++++++++
Can anyone out there explain the financial logic of releasing a player with a year to run on his contract, and paying his year’s wages in full? Even if he’s useless, you might as well park him on the bench, surely?
Perhaps he made it clear he does not want to play for a 3rd tier club who are clearly heading for an insolvency event….after all he has had previous experience of this….the last club he signed for, ended up asking him to take a 75% pay cut. 😉
From the Herald article
“Frankly, he has already built a squad which should be comfortably good enough to win not only SPFL League One but the SPFL Championship, as well, without the need for further additions.”
That squad is comfortably good enough to win the SPFL Championship, really. I wouldn’t have thought so.
Gaz says:
July 1, 2013 at 9:13 am
From the Herald article
“Frankly, he has already built a squad which should be comfortably good enough to win not only SPFL League One but the SPFL Championship, as well, without the need for further additions.”
That squad is comfortably good enough to win the SPFL Championship, really. I wouldn’t have thought so.
===================================
You need to be careful buying a squad to win the old Div 1, it’s not as easy as everyone thinks. They will need all sorts of special help during the attempt to win that division, especially as there is now more money flowing down. That’s unfortunately 7 years of experience talking.
Now, the Herald has Goian on £8.2K a week, how does that compare to what we have seen through charlotte? I’m guessing that the alleged savings of £2M are actually an expense.
Wonder if Auldheid could do a quick estimation of life expectancy based on 35k season tickets and starting with £4-5M in the bank?
Longmuir gets 100K bonus!?!?! That no one but Longmuir and Ballantyne seem to know about?!?! Absolutely shocking. Longmuir said he would do anything to help Scottish Football on SSN the other day as it was “his passion”. Seems to me he is also after a good night out. Work hard(ly) , p(l)ay hard.
Drew Peacock says:
July 1, 2013 at 1:36 am
If Ticketus lent to Wavetower as seems possible and not to Rangers in return for future season ticket sales they are merely lending. That is not good for VAT recovery nor is it any good for maintaining their tax favoured status under the EIS/VCT legislation.
==========================
They didn’t lend to anyone.
They made advance payment for supply of season tickets.
As Newt has pointed out they would appear to have created their own invoices, which would have allowed them to reclaim input tax on those payments.
neepheid says
July 1, 2013 at 8:52 am
Carfins Finest. says:
July 1, 2013 at 8:08 am
heraldscotland.com/sport/football/early-release-proves-rich-reward-for-goian.21484411
+++++++++++++
Can anyone out there explain the financial logic of releasing a player with a year to run on his contract, and paying his year’s wages in full? Even if he’s useless, you might as well park him on the bench, surely?
………………..
Neepheid…there are other associated costs that can be removed by taking this path.
Insurance cover
PAYE employer contributions
Performance bonuses
Medical costs or Medical insurance cover
Accommodation costs…if the club was footing the cost of his abode
Company vehicle, Road tax, insurance MOT etc
His salary may have been a big chunk….but the above would have been added to that if he remained.
Just had my weekly glance at Ranger Media, what a hoot. Rangers have been victims of fraud, lots of people sweating, at the possibility of more Whyte tapes being released…especially the tape involving……………………………………..Dr John Reid! How far do need to have your head jammed up your own passage to have such groundless circular reasoning?
upthehoops says:
July 1, 2013 at 7:26 am
ecobhoy says:
June 30, 2013 at 11:37 pm
=========================================
It does not help that persons who are biased towards Rangers like Chris Graham have managed to ingratiate themselves with the media, some of whom seem only too keen to report his opinions on Rangers status as a club as a fact . . . You will see no such relationship by any journalist, or group of journalists with a similar group of Celtic fans, or indeed fans of any other club.
I think we can still see where the real problem lies in terms of getting the facts out there, and it’s not from the bampots.
————————————————————————————————————————–
I have to say that the thrust of my article in response to your post was in dealing with investigative journalism – a phrase which doesn’t exist in the Sports Journalist Dictionary – although I did touch on what I perceive to be part of the structural reasons for the tugging of the forelock towards Rangers and Celtic.
Perhaps I should have concentrated more on the apathy of Scottish Football fans who bought papers filled with lazy sports journalism involving every club in Scotland and in particular the Old Firm as was for decades. Sadly, consumers tend to end up with the product they deserve and Scottish football fans by and large were unquestioning.
There is no doubt that in recent years that has changed dramatically with the internet playing an enormous part in bringing a more questioning culture which has exposed the weakness of many journalists and administrators not just in terms of personal morality but also in professional ability.
One of the major problems with this story is that was from Day 1 it given to the sports journos and I believe that was a deliberate attempt to dumb it down and help keep a lid on it. The senior newspaper management that taking that decision didn’t understand the internet and never saw the potential for the mayhem that the bampots and clatterers caused in their blueprint.
I believe the real importance of blogs and posters is the questions that are posed rather than the answers. If we ask the right questions we know we have asked the right question when we are met with a blank silence that a simple reply could cover as long as it had been honestly arrived at. It might have been mistaken which is fair enough as none of us are perfect. However a trail of serious mistakes in most jobs leads to the sack for being not fir for purpose.
But the silence can only be taken by any reasonable person as part of a cover-up although the reasons for that might not be as straightforward as some may think and will actually depend on how deeply it is immersed in the Scottish Establishment and Government – I make no party political point here btw as politicians across the spectrum have shown real cowardice in grasping the nettle which is destroying Scottish Football.
As to Graham and the like they are merely ‘rent a gobs’. It’s interesting to see how he is increasingly coming under attacks from Bears who question his right to speak for them and distrust his motives which many believe is either to get an Ibrox ‘Blazer’ or a meeja job. The problem is that very few sports journos actually understand the intricacies of the Rangers story so they turn to ‘rent a mouths’ who of course will take the opportunity to advance the line which suits his club and furthers his own ambitions.
The problem isn’t Graham IMO but the sports journalists and broadcasters who are either so thick they don’t actually understand what’s happening and I believe that actually is the majority mainly because they don’t get the time to do background checks and research. Then there is the smaller percentage who are very well briefed by PR sources and are misusing their position to peddle an agenda which supports either the club they support or makes financial sense to them.
So there is a problem in getting the facts out there and in that I agree with you – I do believe some posters don’t help because they are wedded to a particular agenda and have tunnel-vision which can skew or nullify the import of the ‘facts’ they voice.
But as I say I see the real importance of the bampoits and clatterers being in spotting the flaws in the arguments advanced to placate us and asking searching questions and amassing what ‘facts’ we are able to but they have to be rigorously tested and not just taken at face value.
I see the CF material as very valuable because in so many ways it actually reinforces and explains many things that the bampots intuitively felt and believed but had no actual proof of. It’s like Auldheid’s labour of love on the accounts and the fact that now the Herald runs a ‘lite’ version today. We can make a difference but it is a long term project and nuclear buttons tend not to get pressed for very good reasons.
Personally I want Scottish Football cleaned-up and decisions being made much more transparently with explanations as to how they have been arrived at and why they are thought to be the best available option. I would not regard it as a success to destroy Scottish Football in the process.
neepheid says:
July 1, 2013 at 8:26 am
http://www.heraldscotland.com/sport/opinion/rangers-have-to-keep-an-eye-on-their-spending-or-face-financial-woe-again.21493542
It would be interesting to know the source of the figures, but at least the right questions are finally being asked.
==============================================
According to M. Grant TRFC costs £1.5m pm. to run.
Their own figure in the last report was,I think £2.4m.
Efforts may be being made to cut costs but I don’t see any evidence of almost £11m of savings being made already(900k pm),especially with the new signings,bus,etc.
At least people may ask some questions now,though.
2 stories,2 reporters,same paper,same day,
1.”Goian was on £8200 pw(even though his wage slip shows circa £20k)”
2.”Goian,Bocanegra and Alexander leaving take £45k pw off the wage bill”
If these are correct then with Goians £8.2k and Alexanders,£11k,then bocanegra has walked away from almost £36k pw!
Like nearly everything to do with this fiasco,nothing adds up.
upthehoops says:
June 30, 2013 at 10:38 pm
“Does the flip side of the Internet and the ease with which it can be used to threaten and/or discredit people put Journo’s off going after a story in some cases…”
——————-
Thats a simple but very important point upthehoops. We can’t really ask others to be professional if we don’t at least tip our cap to that standard ourselves.
torrejohnbhoy(@johnbhoy1958) says:
July 1, 2013 at 10:57 am
2 stories,2 reporters,same paper,same day,
1.”Goian was on £8200 pw(even though his wage slip shows circa £20k)”
2.”Goian,Bocanegra and Alexander leaving take £45k pw off the wage bill”
If these are correct then with Goians £8.2k and Alexanders,£11k,then bocanegra has walked away from almost £36k pw!
Like nearly everything to do with this fiasco,nothing adds up.
_____________________________________________________________-
tjb, one thing we can be sure of, we can’t rely on figures printed in the newspapers. I suspect that the E500,00 settlement for Goian is accurate, but is not a year’s salary, just an agreed settlement based on what he anticipates/already has lined up in the way of salary elsewhere. I’d assume that any settlement to Bocanegra will be of similar proportions to his year’s salary so we can be sure that the total settlement for them will be in excess of £1m. So that’s £1m spent with nothing to show for it if we factor in that they cost TRFC nothing last season. Not really a good news story, for TRFC, is it? Though I suspect many of the bears will see it as freeing up some cash for their next world record signing (for a third tier club).
yellohoose says:
July 1, 2013 at 10:04 am
Longmuir gets 100K bonus!?!?! That no one but Longmuir and Ballantyne seem to know about?!?! Absolutely shocking. Longmuir said he would do anything to help Scottish Football on SSN the other day as it was “his passion”. Seems to me he is also after a good night out. Work hard(ly) , p(l)ay hard.
********
Totally agree: this is scandal in high order. I wonder what Longmuir and Ballantyne have in common?
Remember this is the man who sent the following out to the SFL clubs in March, supposedly acting on his own initiative. Poorly researched and weakly argued, his job was supposed to be representing his member clubs, not preparing the ground for the departure of top flight teams to another league system.
https://www.dropbox.com/s/j2vob5km9g0jxxf/Longmuir.pdf
Surely we’ll hear more about this, or have we to simply ‘move on’?
Gaz says:
July 1, 2013 at 12:02 am
“I don’t see how Octopus could have made the supply, they were the customers. Either Rangers or Wavetower must have made the supply.”
——————
Just off the top of my head, Ticketus effectively bought the future season tickets at a discount on their face value. They then gave them to RFC to sell for them. I’d need to look at the invoices again to fathom out a logical sequence but I presume that as the tckets did not belong to RFC, they would need to have procured them in some way.
I think the latest CF material showing the questions that The Insolvency Service apparently want CW to answer is very interesting and should give our Ticketus experts a field day 🙂
http://www.scribd.com/doc/150985937/Insolvency-Questions-for-Craig-Whyte
torrejohnbhoy(@johnbhoy1958) says:
July 1, 2013 at 10:57 am
2 stories,2 reporters,same paper,same day,
1.”Goian was on £8200 pw(even though his wage slip shows circa £20k)”
2.”Goian,Bocanegra and Alexander leaving take £45k pw off the wage bill”
If these are correct then with Goians £8.2k and Alexanders,£11k,then bocanegra has walked away from almost £36k pw!
Like nearly everything to do with this fiasco,nothing adds up.
================================================
£45K it is actually closer to £51; Goian and Bocanegra on £20K, Alexander on £11k, miss reporting of £312k a year.
Or, almost a million if you take the £8.2K vice £20K into account. (£312,000 + £613,600)
But what’s a million amongst brothers?
ForresDee says:
July 1, 2013 at 11:48 am
0
0
Rate This
torrejohnbhoy(@johnbhoy1958) says:
July 1, 2013 at 10:57 am
2 stories,2 reporters,same paper,same day,
1.”Goian was on £8200 pw(even though his wage slip shows circa £20k)”
2.”Goian,Bocanegra and Alexander leaving take £45k pw off the wage bill”
If these are correct then with Goians £8.2k and Alexanders,£11k,then bocanegra has walked away from almost £36k pw!
Like nearly everything to do with this fiasco,nothing adds up.
================================================
£45K it is actually closer to £51; Goian and Bocanegra on £20K, Alexander on £11k, miss reporting of £312k a year.
Or, almost a million if you take the £8.2K vice £20K into account. (£312,000 + £613,600)
But what’s a million amongst brothers?
=============================================
To brothers it may not mean a lot but if Bocanegra has the same sort of pay-off then around 5000 of the 28k ST holders who renewed have just seen their money disappear.
Just over 17% of TRFCs biggest income source gone over a weekend.That’ll put a wee dent in the Profit & Loss for next season.
Castofthousands says:
July 1, 2013 at 11:33 am
Indeed.
The initial supply of tickets was made by Rangers / Wavetower to Ticketus.
Those tickets were then sold by Rangers / Wavetower (acting as agents for Ticketus) to the fans.
That is standard practice for Ticketus in these sorts of arrangements.
So the first supply was the sale to Ticketus. The second supply was from Ticketus to the supporters.
torrejohnbhoy(@johnbhoy1958) says:
July 1, 2013 at 12:08 pm
To brothers it may not mean a lot but if Bocanegra has the same sort of pay-off then around 5000 of the 28k ST holders who renewed have just seen their money disappear.
Just over 17% of TRFCs biggest income source gone over a weekend.That’ll put a wee dent in the Profit & Loss for next season.
==============================================================
When you look at it in those terms it really puts things in a very chilling perspective when any club, for whatever reason, has to shift a player without being able to recoup any cash through a sale.
Obviously in this case the financial pressures obviously forced the pay-off move, presumably on basic wages, to save all the add-ons if they stayed and played. But I can’t see that McCoist could have kept them without playing them because I think the fans might have gone Tonto at seeing their money being poured down the drain every week for two players who never took to the field. The pay-off deal might be more than bare wages of course and will ultimately have depended on what is in the actual contracts.
On the ST issue it appears that Rangers have a serious problem in fan retention with only 28K STs sold compared to the 38K allegedly sold last season. Obviously more will be sold through public sale. But it’s the ‘churn’ factor which seems high.
And last season 9K fans didn’t renew their STs from the year before which is an official RFC figure and tbh has always surprised me that so many Bears walked away and yet many others flocked in – an achievement that I think few clubs would have managed.
So using the figures which appear to be official a total of 19K fans haven’t renewed over the last two seasons. I wonder what their reasons would be if sent a marketing questionnaire and I wonder how many of the replacements for the 19K will be cheaper tickets for younger fans which might have an effect on Auldheid’s ST profile for his spreadsheet.
It will also be interesting to see what the Celtic ST figures are and if they are significantly down it may well be that it goes beyond the current ‘recession’ effect and that would open the argument as to whether some Celtic fans do miss ‘Old Firm’ games.
Good to see the focus squarely back on finances at Ibrox. What have he had? Huge amounts of cash burned since the IPO. Next to nothing in the way of cost cutting. Goian and Bocanegra will have taken them for every penny they could so I doubt if much of the their savings would be seen till next year. Charlie and his pals counting the cash pile from a year of salary and bonuses. No appetite amongst the authorities to look under the carpet of what has gone on at Ibrox. That will be left to BDO after the IPA cleared D&P. The UTTT decision has already been deemed irrelevant by the powers that be at Hampden.
With both the organisations that Rangers and The Rangers played under now gone, there is only the financial health of RIFC to be decided.
How do they survive? Firstly, this assumes that those in control at Ibrox actually care about survival. Am not so sure they do.
Have posted previously that only major cost cutting saves them unless somebody coughs up £m’s per season. Of that individual there is no sign.
I doubt accounts will ever get signed off (remember GT’s going concern issues) & a Third Rangers will be with us next season.
seems to me that the only logical explanation is
keep the bears happy until ALL the ST money is in
then duck down low and DISAPPEAR with the swag !!
TICKETUS
Some of the questions that the Insolvency Service are asking CW to answer re Ticketus according to the material supplied by CF:
2.Please outline when and how you were first made aware of/introduced toTicketus LLP (Octopus Investments Ltd).
3.Please provide a chronological summary of the negotiations and dealingsbetween you/Wavetower/Liberty Capital/RFC and Ticketus and providecopies of all emails, correspondence and meeting minutes that you havein connection with this matter.
4.Who, aside from you, was involved in negotiating the deal signed betweenRFC and Ticketus on 09/05/2011? Please provide copies of all emails,correspondence and meeting minutes that you have in connection with this matter
11.What information did you disclose to the seller regarding the Ticketus deal? When was this information disclosed? Please provide copies of all emails, correspondence and meeting minutes that you have in connection with this matter.
19.Why was the Ticketus deal not disclosed to RFC’s Financial Controller insufficient time for it to be included in the July 2011 VAT return?
20.How and when was the Financial Controller made aware of the Ticketusdeal?
21.How and when were HMRC made aware of the Ticketus deal?
THE RANGERS PURCHASE
Some of the questions that the Insolvency Service are asking CW to answer re the Rangers purchase according to the material supplied by CF:
1.Please provide a chronological summary of the key events leading to Wavetower Limited’s purchase of an 85% shareholding (hereinafter “the purchase”) in RFC and provide copies of all emails, correspondence and meeting minutes that you have in connection with this matter.
5.What other sources of funding were considered in respect of the purchase? Why did you decide to obtain the majority of the funding by way of the Ticketus deal?
6.Concern has been raised that the Independent Board Committee, the seller, shareholders and the public were led to believe that funding for the purchase and for the satisfaction of the LBG debt, the Small Tax Case Liability, the Playing Squad Amount and the H&S Amount (referred to in the Share Purchase Agreement dated 06/05/2011) would come from your own personal funds, and/or via Liberty Capital Limited. Why was the Ticketus deal not disclosed to the IBC or to shareholders prior to the purchase?
7.What advice was sought regarding the Ticketus deal and whether it constituted Financial Assistance as defined by the Companies Act 2006? Please provide copies of all advice received.
11.What information did you disclose to the seller regarding the Ticketus deal? When was this information disclosed? Please provide copies of all emails, correspondence and meeting minutes that you have in connection with this matter.
COLLYER BRISTOW
Some of the questions that the Insolvency Service are asking CW to answer re Collyer Bristow according to the material supplied by CF:
8.Who, at Merchant Turnaround PLC, authorised the payment into Collyer Bristow’s client account of £1,000,000 on 31/03/2011? Why did Merchant Turnaround provide these funds? Please provide copies of all emails,correspondence and meeting minutes that you have in connection with this matter.
9.What is your connection to JLT Benefit Solutions?
10.Who, at JLT Benefit Solutions, authorised the payment into Collyer Bristow’s client account of £2,925,000 on 07/04/2011? Why did JLT Benefit Solutions provide these funds Please provide copies of all emails,correspondence and meeting minutes that you have in connection with this matter.
22.Three payments totalling £234,000 were made to PJ/S Betts from Collyer Bristow’s client account between 01/06/2011 and 21/10/2011. Pleas eexplain what these payments relate to.
HECTOR
Some of the questions that the Insolvency Service are asking CW to answer re HMRC according to the material supplied by CF:
14.Why was no payment made to HMRC in respect of the Small Tax Case liability?
15.Please provide details of all payments made to HMRC against RFC’songoing taxes from 01 September 2011 onwards.
16.I understand that you instructed RFC’s Financial Controller to stop making payments to HMRC on or around 01 September 2011. Please confirm whether this is true and if so, explain why this instruction was issued.
19.Why was the Ticketus deal not disclosed to RFC’s Financial Controller insufficient time for it to be included in the July 2011 VAT return?
21.How and when were HMRC made aware of the Ticketus deal?
ecobhoy says:
July 1, 2013 at 12:41 pm
It will also be interesting to see what the Celtic ST figures are and if they are significantly down it may well be that it goes beyond the current ‘recession’ effect and that would open the argument as to whether some Celtic fans do miss ‘Old Firm’ games.
+++++++++++++++++++++++
I won’t be renewing, and I don’t miss “Old Firm” games at all. I won’t be renewing because the unopposed coronation of Ogilvie 3 weeks ago has stuck in my craw, but I guess that’s just me. So attribute any reduction in Celtic ST sales to a burning desire for the return of “Old Firm” games if you like- just deduct one for me, please.
neepheid says:
July 1, 2013 at 8:52 am
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Carfins Finest. says:
July 1, 2013 at 8:08 am
1 0 Rate This
heraldscotland.com/sport/football/early-release-proves-rich-reward-for-goian.21484411
+++++++++++++
Can anyone out there explain the financial logic of releasing a player with a year to run on his contract, and paying his year’s wages in full? Even if he’s useless, you might as well park him on the bench, surely?
………………………………..
Did he /they, not have 2 years left on their contracts?
BITS N BOBS
Some of the questions that the Insolvency Service are asking CW to answer on various issues according to the material supplied by CF:
12.Why was your previous disqualification not disclosed to Ticketus, the SFA or the PLUS Markets Group?
17.Please provide details of all amounts expended by RFC on its playing squad from 06/05/2011 onwards. How was this expenditure funded?Please provide copies of any documentary evidence that you have in respect of this matter.
18.Why were funds not injected into the company in accordance with the terms set out at paragraphs 6.4 to 6.8 of the Share Purchase agreement?
23.When did the company become insolvent?24.When did you take the decision to place the company into administration and why?
Oh deary deary me ,CW has a lot to do here.
Bottom line re Craig Whyte
He pre-sold season tickets for 4 years bringing in millions of pounds. Knowing that the business could not succeed with that level of drop in turnover. It couldn’t succeed without that money being lost to them. He said so himself when he talked about the black hole in the finances.
He spent that money on getting control of the business. Whilst at the same time creating a debt from Rangers, to himself of that same amount. Taking over the floating charge on the assets at the same time.
He decided not to pay any tax to HMRC for a protracted period, knowing that would kill the business off. He knew they would move for winding up and he would reply by administration. Or the business would be placed straight into administration.
His intention all along was to creat debt and to shaft creditors. Had it worked he would have a debt free Rangers in the SPL, with a floating charge now held by the company which owned and operated Rangers, so no outside influence or control.
He contrived the insolvency as an integral part of his business plan. The only way to “save” Rangers was to shaft other people for tens of millions of pounds.
ecobhoy says:
July 1, 2013 at 11:48 am
I think the latest CF material showing the questions that The Insolvency Service apparently want CW to answer is very interesting and should give our Ticketus experts a field day
http://www.scribd.com/doc/150985937/Insolvency-Questions-for-Craig-Whyte
———————————————-
Lots to chew over in there but this one caught my eye.
14.Why was no payment made to HMRC in respect of the Small Tax Caseliability.
It was reported in September 2011 on BBC that a sum had been paid and in fact that £500k had found its way to HMRC. This was taken as true and appeared on blogs subsequently.
The source of that £500k payment is CW himself in a letter dated xx/Sept. 2011 to the SFA in respect of the 30th September Licence checkpoint which the SFA asked for as part of the licensing checks on 19th September.
CF thought nothing had been paid and this seems to be the confirmation that it was all part of an elaborate device to take the SFA on a ride they were not unhappy to step off in order to get and keep that licence.
INSOLVENCY SERVICE
I am quite surprised that there in no mention by the Insolvency Service of the role played by MCR and some of its key players especially as it is obvious from the previous letter of contract released by CF that they were at the hearty of things and not only privvy to all sorts of info but monitoring the cash flow on a daily basis.
Obviously MCR is a highly professional outfit and I would assume they would have carried out their duties with due diligence and that everything has been meticulously recorded and is available for inspection. Indeed, I believe David Grier was part of the 2-man MCR team tasked to perform the duties outlined in the letter of contract between MCR and Rangers.
One thing that really surprises me about the Insolvency Service approach is that they repeatedly request of CW: ‘Please provide copies of all emails,correspondence and meeting minutes that you have in connection with this matter’.
HELLO? Haven’t you heard about tape recordings?
I’m sure you might want to be able to confirm what people tell you with what they said on tape nearer the actual events as later recollections can be distorted by time. And I think you’ll find the many tapes that the internet bampots have already listened to very helpful to your investigation. Perhaps you would like to begin with the tape featuring not only Mr Grier’s role but his own thoughts on the matter.
Auldheid says:
July 1, 2013 at 1:41 pm
ecobhoy says:
July 1, 2013 at 11:48 am
I think the latest CF material showing the questions that The Insolvency Service apparently want CW to answer is very interesting and should give our Ticketus experts a field day
http://www.scribd.com/doc/150985937/Insolvency-Questions-for-Craig-Whyte
———————————————-
Lots to chew over in there but this one caught my eye.
14.Why was no payment made to HMRC in respect of the Small Tax Caseliability.
It was reported in September 2011 on BBC that a sum had been paid and in fact that £500k had found its way to HMRC. This was taken as true and appeared on blogs subsequently.
The source of that £500k payment is CW himself in a letter dated xx/Sept. 2011 to the SFA in respect of the 30th September Licence checkpoint which the SFA asked for as part of the licensing checks on 19th September. CF thought nothing had been paid and this seems to be the confirmation that it was all part of an elaborate device to take the SFA on a ride they were not unhappy to step off in order to get and keep that licence.
=====================================================================
Good spot auld yin 🙂
From Michael Grants article in The Herald today I read with interest:
“Neil Murray, Tommy Wilson and Pip Yeates left as chief scout, reserve coach and physio respectively, with only the scouting role earmarked to be filled again (because a good scout will eventually pay for himself many times over). Some other staff around the club have also gone. Around £1m has come off the maintenance bill.”
So if I read this correctly…..currently no Chief Scout, no FIRST TEAM PHYSIO and no reserve coach?
There are no plans to replace the departed first team physio? Really? This along with the apparent non-replacement of the team doctor does not bode well at all…..
Surely a senior club has to have a Physio.
Mayhap they have contracted the work out, rather than having someone actually on their books.
Gaz says:
July 1, 2013 at 2:09 pm
Surely a senior club has to have a Physio.
Mayhap they have contracted the work out, rather than having someone actually on their books.
————————————————————————————————————————————-
SFL rulebook
98.5 It is the responsibility of the home club in first team matches played under
the auspices of the League to ensure that a qualified medical practitioner
or failing which a qualified paramedic is in attendance throughout the match.
At other matches played under the auspices of the League a person suitably
qualified in emergency first aid treatment must be in attendance throughout
the match.
The get-out clause – looks like you just need any of the above and none of them have to be on the payroll.
I wonder what the SPFL rulebook will state once it has been approved by RFC(IL)
ecobhoy says:
July 1, 2013 at 10:41 am
14 2 Rate This
———–
A very interesting post vis-à-vis the media, echobhoy.
Totally agree that sports writers have handled the financial aspects badly. But our sports reporters have inherited a pattern of merely reporting what other people say, and in reality, that’s what all reporters do. Investigative reporters try to report what people are not saying. The current crisis in Scottish football calls for investigative journalists.
The time is long gone when huge masses worked morning to night in shipyards and factories and were dependent on Evening Citizen, Evening Times and other papers to kerp them informed. Your average sports reporter has not moved with the times, however. But that said, there is a new dishonesty that puts reporters in an awkward position of unknowingly reporting falsehoods. What is totally unacceptable though is the way so many reporters and editors have allowed themselves to be used as an extended PR department, certainly for one club in particular.
Perhaps newspapers should consider importing journalists from other towns and cities to report on their local sports stories where genetic bias is endemic? Or simply re-educating their staff to the 21st-century reality.
Celtic have shifted 43,000 Season Books (Corporate seas not included) which is a VERY impressive take up.
I’ve renewed my 2 books for the year, I would MUCH rather have quality Champions League opposition than having my ears assaulted by sectarian bile twice a season at CP. I know it’s an injustice but having 3 home European matches just to get to the qualifiers is refreshing, at the very least it gives our club more income and the support different teams to watch. I imagine some neutrals will enjoy the games too.
My hope is that with Celtic, Aberdeen and Dundee Utd in the driving seat then decisions on personnel ‘selected’ for senior admin positions will be from neutral stock. All we ask is for a level playing field and the advancement of our game, not gerrymandering the game to suit one club.
I really enjoyed the domestic fare last year, teams came at us and some got their just deserts. With the money being spread around more evenly I hope some teams step up to the plate and take our game back to the great health it was in the last time Rangers were an irrelevance.
Auldhied, great find ma man 🙂
Gaz says:
July 1, 2013 at 2:09 pm
===================================================================================You may find your answer here.I suppose TRFC may be Entry Level,as a new club>
http://www.scottishfa.co.uk/resources/documents/ClubLicensing/Part2:National/Part%202%20Section%206%20-%20First%20Team%20Football%20Criteria%282%29.pdf
Bawsman says:
July 1, 2013 at 2:28 pm
Is that a confirmed figure.
If it is I would be very impressed.
Gaz says:
July 1, 2013 at 12:25 pm
“So the first supply was the sale to Ticketus. The second supply was from Ticketus to the supporters.”
——————–
As you said, Supply of tickets was by RFC. They would then be expected to make remittance to Ticketus and there was a repayment schedule and a ring fenced account to accommodate this. I’m not sure why RFC are billing Ticketus. Doh! Here’s an invoice just to jog memories.
c) http://www.scribd.com/doc/148999307/Rangers-FC-Invoice-to-Ticketus-13-14
Gaz says:
July 1, 2013 at 1:33 pm
——————————–
I agree although I would have just said “Bottom line re all involved parties”
ecobhoy says:
July 1, 2013 at 1:05 pm
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THE RANGERS PURCHASE
Some of the questions that the Insolvency Service are asking CW to answer re the Rangers purchase according to the material supplied by CF:
7.What advice was sought regarding the Ticketus deal and whether it constituted Financial Assistance as defined by the Companies Act 2006? Please provide copies of all advice received.
*****************************************************
Many posters have previously discussed the possibility of the Ticketus / CW deal falling within what the Act (Companies Act 2006) deems to be Financial Assistance. Hopefully BDO are considering the same issues. Shredder notwithstanding, BDO should have all the relevant documentation required to make an informed decision and then take such actions as required as liquidators.
Castofthousands says:
July 1, 2013 at 2:40 pm
That is not my understanding of how it works.
The process should be.
1 RFC sell Tickets to Ticketus (at a discount)
2 Ticketus pay for these.
3 Rangers then sell those tickets to supporters (on behalf of Ticketus)
4 Rangers pay Ticketus money received (at face value minus agents commission)
The first supply is the sale from Rangers to Ticketus.
The second supply is from Ticketus to the fans (via Rangers)
Ticketus profit equates to (Face value – Disccounted price) – (Agents Commission).
From a VAT perspective Ticketus would reclaim the input tax when they buy the tickets and declare the output tax when they are sold. The sale could be years later, depending on what season they relate to.
sorry to return to an “older” subject
http://www.bbc.co.uk/sport/0/football/23056041
Fenerbahce – for MATCH FIXING [were given this punishment]
rangers(IL) were found guilty of a charge that was SECOND to match fixing in seriousness
…WHAT PUNISHMENT DID RANGERS(il) get ?!!
shocking
21. ecobhoy says:
July 1, 2013 at 12:41 pm
6 10 i
It will also be interesting to see what the Celtic ST figures are and if they are significantly down it may well be that it goes beyond the current ‘recession’ effect and that would open the argument as to whether some Celtic fans do miss ‘Old Firm’ games.
———————————————————————————————
And what would be the point in opening that argument?
To provide an excuse to leapfrog New RFC up a division or two?
I don’t see any other point
ecobhoy says:
July 1, 2013 at 11:48 am
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I think the latest CF material showing the questions that The Insolvency Service apparently want CW to answer is very interesting and should give our Ticketus experts a field day
http://www.scribd.com/doc/150985937/Insolvency-Questions-for-Craig-Whyte
————————————————————————————————–
This is just a Word document with a series of questions typed up. It could have been created by anybody. Very dubious.
A nice wee earner if you can get it
http://www.newsnow.co.uk/A/653889238?-11344:801
Peterjung says:
July 1, 2013 at 2:05 pm
There are no plans to replace the departed first team physio? Really? This along with the apparent non-replacement of the team doctor does not bode well at all…..
=================================================================
Could very much be a case of penny wise pound foolish. Maybe that’s why McCoist has gathered such a big squad because it will take players longer to recover from injuries without a physio. Should be interesting of a Saturday night if a visit is required to the local casualty to see a doctor.
However on a more serious note it would appear that everything is for show such as the bus and beneath the facade or indeed under the bonnet the engine is crumbling. I wonder if Mr Prior has found anything yet?
Celtic Paranoia says:
July 1, 2013 at 3:16 pm
VICTORIA.EDGAR or EDGAR VICTORIA or RED HERRING?
Celtic Paranoia says:
July 1, 2013 at 3:16 pm
ecobhoy says:
July 1, 2013 at 11:48 am
I think the latest CF material showing the questions that The Insolvency Service apparently want CW to answer is very interesting and should give our Ticketus experts a field day
http://www.scribd.com/doc/150985937/Insolvency-Questions-for-Craig-Whyte
————————————————————————————————–
This is just a Word document with a series of questions typed up. It could have been created by anybody. Very dubious.
=========================================================
That’s why I used the word ‘apparently’. However, to make a more informed decision I think it’s worth looking at the emails between CF and the Insolvency Service as they paint a wider picture.
Looks like the insolvency service has taken over the case lead – inauspicious signal to PolisScot if so
http://local.stv.tv/glasgow/231534-rangers-investors-james-and-sandy-easdale-have-100000-stolen
Celtic Paranoia says:
July 1, 2013 at 3:15 pm
21. ecobhoy says:
July 1, 2013 at 12:41 pm
It will also be interesting to see what the Celtic ST figures are and if they are significantly down it may well be that it goes beyond the current ‘recession’ effect and that would open the argument as to whether some Celtic fans do miss ‘Old Firm’ games.
———————————————————————————————
And what would be the point in opening that argument? To provide an excuse to leapfrog New RFC up a division or two? I don’t see any other point.
===========================================================
I can’t see any connection between the fact that some Celtic supporters might be missing the Rangers games and an argument for acceleration of Rangers’ promotion by a division or two. The two just don’t compute in my brain but you are obviously entitled to your point but there is more than one way of looking at it.
Neepheid has already pointed out he hasn’t renewed this year because of CO’s re-election without any reaction from Celtic and he has made clear he doesn’t miss OF games. So looks as though we might have a minimum of five different points of view but I wouldn’t be surprised if there aren’t more.
Danish Pastry says:
July 1, 2013 at 2:26 pm
ecobhoy says:
July 1, 2013 at 10:41 am
Perhaps newspapers should consider importing journalists from other towns and cities to report on their local sports stories where genetic bias is endemic? Or simply re-educating their staff to the 21st-century reality.
========================================================
Sadly they soon acclimatise to what is expected of them in my experience and they also have the cover of their home team as a deflection shield.
is The Insolvency Service one of CW’s companies?
ecobhoy says:
July 1, 2013 at 3:38 pm
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Celtic Paranoia says:
July 1, 2013 at 3:15 pm
21. ecobhoy says:
July 1, 2013 at 12:41 pm
It will also be interesting to see what the Celtic ST figures are and if they are significantly down it may well be that it goes beyond the current ‘recession’ effect and that would open the argument as to whether some Celtic fans do miss ‘Old Firm’ games.
———————————————————————————————
And what would be the point in opening that argument? To provide an excuse to leapfrog New RFC up a division or two? I don’t see any other point.
===========================================================
I can’t see any connection between the fact that some Celtic supporters might be missing the Rangers games and an argument for acceleration of Rangers’ promotion by a division or two. The two just don’t compute in my brain but you are obviously entitled to your point but there is more than one way of looking at it.
Neepheid has already pointed out he hasn’t renewed this year because of CO’s re-election without any reaction from Celtic and he has made clear he doesn’t miss OF games. So looks as though we might have a minimum of five different points of view but I wouldn’t be surprised if there aren’t more.
—————————————————————————————
I wouldn’t necessarily dispute that the absence of Celtic-RFC games makes the league a less interesting spectacle.
The reason I commented is because the only people I have encountered keen to push this as an “argument” are Sevco fans attempting to accelerate their team into the top division, not least pundits on radio phone-ins and in print. I find it hard to believe you are unaware of this line of argument.
I am not trying to insinuate anything by this. Like you, I believe the two are not related. Rangers are in liquidation and there is nothing that can be done about it. A natural consequence of this is the absence of OF games.
It’s a bit like when one of the big nations fails to qualify for a World Cup or European Championship. Some people might be disappointed by the missing big name, others not, but nobody would seriously suggest they should be just shoe-horned into the tournament on the basis of prestige or money, because then it would cease to be a sport obviously.
Bawsman says:
July 1, 2013 at 2:28 pm
Celtic have shifted 43,000 Season Books (Corporate seas not included) which is a VERY impressive take up.
===============================================================
That is VERY impressive and it should help scotch any SMSM nonsense that Celtic fans are walking away because they miss Rangers. I have no problem with Rangers but I do with the baggage that comes with the team and which was stoked up by the spivs to make money.
Scottish Football and ordinary fans are the ones left behind to deal with a resurgence of things under Green’s stewardship that would have been better left behind.
However I also look forward to European nights at Parkhead which are so special. As I noted in a number of posts last year when attendances were mentioned that ST holders, because of financial pressures, were picking their games to attend because going to a game costs a helluva lot more than ticket money especially for far-travelled fans.
You would think the Easdales’ long term business experience would have included using a bank / safe deposit system to stop having lots of cash lying around which might be at risk of being purloined or earmarked by persons unknown for purposes unknown.
Now call me stupid but how does any of the press with a brain claim that rangers have made any savings with Goian,Bocanegra and Alexander leaving and 8 new signings
Open to being corrected but Goian and Bocanegra have been away on loan and therefor havent been on the payroll, over the period in question.
So 11k a wee off for Alexander and 8 new signings in ….all for less than 11k a week??
Celtic Paranoia says:
July 1, 2013 at 3:53 pm
It’s a bit like when one of the big nations fails to qualify for a World Cup or European Championship. Some people might be disappointed by the missing big name, others not, but nobody would seriously suggest they should be just shoe-horned into the tournament on the basis of prestige or money, because then it would cease to be a sport obviously.
=======================================================================
Well some of the SMSM would seriously consider suggesting it and have but then I think we know the reasons behind this and CF has done well with exposing the PR dimension which many guessed was there but now we have the proof. Other SMSM sports journos want Rangers back in the big time for purely selfish career prospects and not because they have any particular love for Rangers.
So it becomes a pretty mixed-up stew usually of the succulent lamb variety of course 🙂
ecobhoy says:
July 1, 2013 at 3:29 pm
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Celtic Paranoia says:
July 1, 2013 at 3:16 pm
ecobhoy says:
July 1, 2013 at 11:48 am
I think the latest CF material showing the questions that The Insolvency Service apparently want CW to answer is very interesting and should give our Ticketus experts a field day
http://www.scribd.com/doc/150985937/Insolvency-Questions-for-Craig-Whyte
————————————————————————————————–
This is just a Word document with a series of questions typed up. It could have been created by anybody. Very dubious.
=========================================================
That’s why I used the word ‘apparently’. However, to make a more informed decision I think it’s worth looking at the emails between CF and the Insolvency Service as they paint a wider picture
—————————————————————————————————
What I can gather from the Twitter exchanges is that CF has access to CW’s liberty biz email account. It is suggested the 25 Questions document was sent by the insolvency service to CW at that email address as part of the “Fraud Busters Takeover Probe” as per typically understated DR headline. I suppose this is plausible but doesn’t suggest a very professional approach from the insolvency service – and they are being extremely optimisitc with question 25 !
Gaz says:
July 1, 2013 at 10:29 am
Drew Peacock says:
July 1, 2013 at 1:36 am
If Ticketus lent to Wavetower as seems possible and not to Rangers in return for future season ticket sales they are merely lending. That is not good for VAT recovery nor is it any good for maintaining their tax favoured status under the EIS/VCT legislation.
==========================
They didn’t lend to anyone.
They made advance payment for supply of season tickets.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++
The “advance” was made to Wavetower at a time when it did not own TRFC and was not therefore in a position to supply season tickets. That position was only corrected after the acquisition of TRFC through the issuing of dodgy invoices.
As Newt has pointed out they would appear to have created their own invoices, which would have allowed them to reclaim input tax on those payments.
iamacant says:
July 1, 2013 at 2:25 pm
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Gaz says:
July 1, 2013 at 2:09 pm
Surely a senior club has to have a Physio.
Mayhap they have contracted the work out, rather than having someone actually on their books.
————————————————————————————————————————————-
SFL rulebook
98.5 It is the responsibility of the home club in first team matches played under
the auspices of the League to ensure that a qualified medical practitioner
or failing which a qualified paramedic is in attendance throughout the match.
At other matches played under the auspices of the League a person suitably
qualified in emergency first aid treatment must be in attendance throughout
the match.
The get-out clause – looks like you just need any of the above and none of them have to be on the payroll.
I wonder what the SPFL rulebook will state once it has been approved by RFC(IL)
………………………….
FIFA and UEFA list it as a mandatory requirement for a professional football club to have a Physio on their books.
Ps.
The SFL obviously realise that the cost of having a full time Physio would be unaffordable for clubs at their level and have….I assume made an allowance in their rules to accommodate this…
But they do have a big Red Bus though….the wheels on the bus go round and round ….round and round….
Couple of points from the CF Insolvency Service material.
Has anyone come across JLT Benefit Solutions previously in this saga as it seems to have a very prestigious parent company.
And the three payments totalling £234,000 made to PJ/S Betts from Collyer Bristow’s client account – who is PJ?