Quote Originally Posted by Pacman1903 View Post
This is a funny one as the scottish beaks can only grant a license to teams whos books are in order. So how did sevco get in for their hillarious campaign this season. Truth bending? Risky ploy if UEFA were to have carried out a random fair play audit
Because they said their debts were covered by directors and a potential share issue. The fact there was no share issue during this season and the debts have increased has resulted in UEFA querying SFA application this season. They have, allegedly, been told that they need to covert some debt to equity before a licence will be issued hence the rushed share issue.

SFA backed them last season and probably will this season sadly.