Originally posted by 57vintage
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Rangers Then, Sevco Now, Scotland's Shame Forever....
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ooh "Rangers back with a bang " Tediously confrontational.IOriginally posted by Devanha Red View PostFantasists galore 🤣
The Huns are so desperate to stop 10in a row they are relying on a high risk strategy of spending completely out with their means . They are relying on soft plans from the well heeled of Glasgow to keep their heads above water and that simply put cannot go on forever.
Clearly they have enough on field assets to dig themselves out of a receivership scenario if that was to ever arrive.
In the meantime they pay transfer fees and attract players they shouldn't be able to afford by spunking their season ticket money at beginning of the season and wealthy benefactors keeping them afloat for the rest of the season. The European money has been very serendipitous to say the least however that can't be relied upon year in year out and even with it they are posting heavy losses.
Unfortunately i agree with Pacman and think that they will stumble along financially for the next couple of seasons and either prevent the ten in a row or crash and burn spectacularly ( although surviving the process )having failed to do so.
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Soft loans not plans !Originally posted by Kilgore trout View Postooh "Rangers back with a bang " Tediously confrontational.I
The Huns are so desperate to stop 10in a row they are relying on a high risk strategy of spending completely out with their means . They are relying on soft plans from the well heeled of Glasgow to keep their heads above water and that simply put cannot go on forever.
Clearly they have enough on field assets to dig themselves out of a receivership scenario if that was to ever arrive.
In the meantime they pay transfer fees and attract players they shouldn't be able to afford by spunking their season ticket money at beginning of the season and wealthy benefactors keeping them afloat for the rest of the season. The European money has been very serendipitous to say the least however that can't be relied upon year in year out and even with it they are posting heavy losses.
Unfortunately i agree with Pacman and think that they will stumble along financially for the next couple of seasons and either prevent the ten in a row or crash and burn spectacularly ( although surviving the process )having failed to do so.
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On the Upside, the boards Jim Traynor has gone very quietOriginally posted by 57vintage View PostImagine my disappointment when I thought they’d gone bust today. I thought the news report said that they’d called in the administrators. Unfortunately, it’s Mothercare rather than Motherfucares as I thought.
Goddam.
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Saracens docked 35 points and fined £5.3m for breaching salary cap rules
Egg chasing - but relevant to the Sevco thread in my view as the contrast between a governing body with the balls to punish a big team ripping the piss & our lot really is stark.
I especially note the reference to the fact the sanctions relate to "failure to disclose player payments" in the last 3 years - sound familiar?
Ok - there may be ensuing legal battles and a reduction in penalties, but this sends a clear message right now from the governing body that nobody is above the rules - even the big boys. That's what proper governance looks like.
Meanwhile in Scottish fitba...
SFA - GTF. Corrupt to the core.
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JT will have been ultra busy trying to deflect news since the SevCo accounts came out.Originally posted by Feck_the_Huns View PostHas that psuedo hvn nonce Devanha_Red given up, banned, or working on some rig in Kazakhstan? Not been seen since the 2nd.
Puts the Ferguson link into perspective.
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