I was interested to learn today that a magnificently maned factotum had an enjoyable day out.
One of my informants contacted me with the news that an immaculately coiffed denizen of the Blue Room was wined and dined by KPMG at the Scotland-Wales rugby match.
Added piquancy came from the host being the esteemed Blair Nimmo who is Head of Restructuring at KPMG.
Perhaps the hirsute functionary wanted to hear his host give forth on his past role as liquidator of Airdrie Football Club.
Of course, the Blue Room chap may have just wanted to attend a match where ballooning the ball over the bar actually earned a team he supports some points.
For the avoidance of doubt, the Holding Company Vehicle is still a loss-making business without a pot to piss in.
with “bazza” on the way to sevco brendan must be shakin with fear . . . I think I mean fear . . aw naw . .wait . .mirth more like . . .
I see a number of articles at the weekend referring to Rangers as an institution……..then again so is Carstairs!
such a way with words……always leaves a smile
Might be nice if all the fine posters now discussing the possibility of admin being deliberately ‘contained’ until after the split could acknowledge that no one else had mentioned this possibility on any site (to the best of my knowledge) before my post yesterday morning (11.26am). Recognition is always nice 🙂
Self praise is no praise
I thought of the admin scam before 11.26 am but didn’t post. No, really. Can I too have some acknowledgement?
I also thought of the ayepod, spacebook and chatter. Some shysters made a few bucks out of these ideas.
Follow your monicker and stick to observing silently, mate.
Otherwise you risk coming across as a self serving unctuous tit.
Sarcasm and insults. Original thoughts like those certainly shouldnt be kept to oneself. And you deserve full credit.
It wasn’t an original thought, chief, many of us have considered the possibility, and certainly way before ‘Saturday at 11.26 am.’
So get over yourself, you’d think you’d discovered the origins of Man, ffs.
1. Why does it bother you so much? Your responses reek of anger.
2. It’s easy to say you already thought of something but just didn’t post. Yet you don’t strike me as someone slow to post.
3. The only reason it grabbed me is because there was a flurry of posts about it within the hours after mine, on this and JJs site. I follow both closely yet have never read this particular idea before. Joe’s post even inferred he’d never seen this before.
4. Even a Silent Observer needs to speak up if they believe something is being missed
I don’t really care about credit, it was a facetious remark (spot the smiley face). But if you’re gonna to insult me, back it up.
A 25 point deduction now would see the Ibrox club bottom, 3 points below Accies and in a dog fight to escape relegation or a play off.
With a half decent manager on board, interim or otherwise, and 12 games to be played they should have enough resources to climb away from the bottom.
On the other hand there will be no European football and we have been told ad infinitum how crucial that is to finances and attracting better players.
Those who have provided the soft loans are in a hopless position.
Throw more money into the Edmiston Drive black hole or fold your hand and risk losing your contribution to date?
Losing the SDI case, or a judgement in favour of the Ibrox 3, will be a game changer.
I sincerely trust that no early payment of prize money has been released by the SPFL……ffs we don”t even know if the years old SFL fine has been paid yet!
The residents of North Korea are better informed than Scottish football fans, transparency from Regan and his crew is an alien concept.
The drug testing scandal should have been the final nail in the coffin for our football authorities with the number of tests carried out in single figures covering a bear 2 year period. It’s feckin scandalous, whilst the Hampden elite soak up salaries and perks that would not be available to them in the private sector running companies with similar turnover.
Never mind the gap with Celtic, Rangers Lite are a shocking 9 points behind Aberdeen, effectively 10 with their superior GD, which will increase to 12 and 13 respectively with an Aberdeen win on Tuesday night.
After next weekend’s cup games it’s back to league duty and a visit to Celtic Park. Tough enough at the best of times but in the current situation perilous would be a suitable description.
No one currently employed will take an interim post with the prospect of getting bombed in May.
Only a fool would volunteer for Celtic Park duties. Will Walter step forward and apply his renowned cattenaccio formation or will Murty be left in charge for his last game, with the finger of blame pointed at him rather than Kingco?
Best wishes to Mr Celtic Billy McNeil.
Walk on.
Excellent point made by a poster on another site.
Presuming there is no admin event prior to the split then Rangers will find themselves in the top 6.
A 25 point deduction will drop them to 6th place, so bye bye European football but on the plus side finishing 6th won’t get them relegated even with considerable fewer points than the bottom two teams overall.
So they have to get through 7 more games to get to the split. A Scottish Cup semi final with their share of the pooled gates will be a relief to the soft loan providers.
Enjoy your posts Joe, what is stop the board of the SPFL having an emergency meeting to discuss the following.
Any club who enters administration after the split shall automatically be put into bottom 6. (As club must have been operating outside of FFP and should not benefit from being in top six)
Hi Phil,
There is only one King Billy that’s McNeill Legend.A leader of men and a true gentleman.Personification of Celtic football club.Keep fighting Big Man.Thank you.
He hated The song “There’s only one King Billy That’s McNeill”..I remember when he was Manager he asked the Fans to stop chanting it..Which they done immediately
Nothing compares to the loss of our captain xx
Hail Cesar!
Love & respect to Liz, big Billy and all the McNeill family for their courage and devotion, to both the club we love, and each other.
Terribly sad news during what should be a monumental year of celebration for all of us.
Keep up the good fight, Caesar.
You’ll always be our greatest captain.
Cesar
Autocorrect!
Aye, more like Line-Ups and Wails of Sickuidation!
cofused.com here…..
while it would be HIGHLY unlikely for a team being in the top 6 post “split” to end up in such a position I don’t see where it says that team couldn’t then be relegated… as far as I’m aware the split is just about deciding which 5 teams you play in the last round of fixtures
it’s still the one league
any thoughts… anyone?
There’s no way a club that enters an insolvency event will be allowed in the top six.
It means they’ve bought their football performance and success on debt and bankrupted themselves contrary to FFP to beat well run solvent clubs.
Rewarding fiscal cheating is not on.
But what do the rules say about such a situation? We must stick with rules. That’s why Sevco are a new club. There’s rules from before 2012 that state that.
Precisely – how will the BBC and others dispaly Rangers half way up the league table if they have less points than bottom half teams. Ludicrous! Also raises questions for Albert Kinloch Vs Coral if a team with more points than Rangers is relegated. Pay attention Lord Bannatyne, Rob McKenzie may be about to venture an entertaining definition of “relegation” – remember he was unable to present the current definition in court and wasn’t even judged a fat, useless pillock.
It is not unusual for the team that ends sixth to have fewer points than the team that ends seventh. The split is the split and positions change only within each half. But I agree that if there is an administration event after the split, people might start to ask questions about the wisdom of this system.
I woulld have to question the benefit of administration, though. It can help businesses by restructuring debt or by cancelling contracts, but it can’t help a business that has no scheduled income until next season.
Nick, it’s happened in previous seasons with teams in the bottom 6 mini league finishing with more points than those at the bottom of the top 6 mini league.
Whoever finishes 6th in the top mini league will therefore receive prize money in excess of teams below them who have more points.
The split is just that, part of the argument being that teams in the bottom 6, though there on merit, have easier fixtures than the top 6 teams as they don’t have the likes of Celtic and Aberdeen to compete with, and in an era long removed the Ibrox club would have come into that category.
Rangers’ last pre-split match is 15th April – http://spfl.co.uk/premiership/fixtures/
It’s a long, long way from there to here.
Can Ashley, Warburton or the WiFi Guy ring fence funds before then to force administration?
If not, can the SPFL really relegate a team at the end of the season with more points than Rangers?
Is there anything in the rulebook defining that top half teams as immuned to relegation even if they have fewer points than the bottom team – due to deductions made by the same rulebook?
There are just so many options here for the SFA and SPFL to demonstrate imperfect integrity and turn an Uzi to their own feet.
This is going to be a fantastic run in. I’m anticipating some world-class governance, MC Escher logic and GoSF discretion. And possibly some social unrest.
Once you are in the top six at the split you remain there regardless of points. Sevco will likely not got into admin prior to the split meaning they dodge relegation or play offs.
Can you point me to the relevant section in the rulebook? When did it last happen? Will it be just another SPFL discretionary first for Rangers?
Like every Celtic supporter I was absolutely gutted to hear about Celtic legend Billy MacNeil’s fight with dementia. For once I bought the Sunday Fail just to read about his battle and was stunned to learn just how frail he is. The one thing that permanently stood out was the dignity shown by his family and I sincerely hope he is okay and comfortable during what must be a horrible time for them all. I know that the club have a game arranged at CP on the 28th, May and I’d urge all CFC fans to do what they do best. The image of Cesar holding aloft the EC is seared into my mind as it will be with every single supporter and will stay with us and future fans forever. Humility and dignity epitomises the big man best.
YNWA
Nimmo had a torrid time as administrator of Airdrie. Not sure he would be up for the Rangers gig.
Not long to the league splits now and the top 6 cant be relegated….
Might be the plan, as per my own post. However, it may be longer than you think. From what I can tell, the split is around second week of April. That’s a long 6/7 weeks on fumes. Too long for the custodians of dignity?
And btw, I’m not saying it’s a good plan. Certainly not the ‘dues ex machina’ that their little pantomime requires. Just that it might be their plan. Jumping from fire to fire as they do.
It doesn’t matter whether it is 10pts or 25pts.
What matters is that administration will blast away the smoke and smash the mirrors of this utterly failed business that has survived its entire SPFL history on debt – soft loans from soft RRM manipulated by criminal King. There will be no CVA. There will be no one buying a basket of assets and history from a dodgy administrator. There is no easy money left to be made at Ibrox. The only money to be made at Ibrox is from heavy investment and very hard work over many years to build an entirely new brand on a toxic wasteland. Anyone able to do this could make ten times more money doing any number of other things elsewhere. So rebuilding will require genuine love of the club, plus heavy investment plus many year’s hard work plus willingness to sacrifice other money-making opportunities plus immense skill and a very thick skin. I see no one who gets close to that CV.
Some speculate that Ashley will take on the challenge. I don’t see that. At best he will buy it for pennies, slash costs, fire every RRM, run it on a shoestring until he can find a naïve, foreign buyer to take it off his hands. To be followed by another failed business adventure. And that’s the best case scenario.
Could it be that they’re just fighting to push back announcing admin until after the split? Thereby avoiding being in bottom 6 and/or relegation regardless of a points deduction (15 or 25, it wouldn’t matter at that point). Presumably the compliant spfl would have no problem with them trading insolvently in the meantime. Could they be the first team to finish with fewest points in the league overall and not be relegated? They do like their records, you know.
I wonder if they like the record button Jim Morrisons’ of The Doors,their hit song,’This Is The End’⚱️
A fitting epitaph,but we can only hope that it actually ‘is the end’ this time round.Somehow,I very much doubt it.
They have rumbled along on loans from MASH,to soft loans from rrm and sponging from directors,for 5 years.All the while claiming to be the dead team who owed £millions to all sorts,from face painters to HMRC,I can’t see these court cases making a whole lot of difference.
Only in Scotland could this farce have taken place,EVERY other country would have been done and dusted with this Flying Circus.
But,if I believed in God,I would be saying an extra few prayers each night,in the hope that I’m so very,very wrong.
Thanks Phil☮️ ALL HAIL CESAR
Does anyone have a rough idea how much the “outgoings” are each month ?
Succinct yet tenderising journalism.
I chuckle
Enjoy your blog and sometimes your turn of phrase leaves me in stitches, “… without a pot to piss in”, quality
How can Sevco survive March? Will directors pony up for the massive legal bills and compensation payments? I doubt it. Why pay for King’s idea to cheat the 3 out of their payments
The President’s Suite at Murrayfield is an elegant and welcoming place to enjoy free drink, fine food and the opportunity to share chat, not business, with many who enjoy rugby and its characters.
Mr Murray will have taken in the atmosphere of two proud countries going head to head in a fierce confrontation. He will have heard a different form of songs and encouragement from both sets of fans.
He will not have seen lines of police officers separating Scottish snd Welsh fans: he will have dropped his jaw with wonder, trying to get his well coiffured head around how fans of both nations can actually sit together enjoying wine and beer provided by the many bars and kiosks dotted throughout Murrayfield.
He will ponder Welsh fans cheering Scottish fans and players as Scotland won a pulsating match with flair and passion.
Perhaps his next visit to Murrayfiled will see him sitting alongside officials from the SFA & SPFL where they can consider why Scottish football is unable to replicate anything close to their rugby cousins.
Careful Phil.
Now Sevco have a Rugger Chap too.
Must have been a delightful experience and a tight fit with all of the elephants in the room to be avoided. How’s business? Ahem….. Good to be back in the top flight? Ahem……. Do you have Good Title to your assets? ……….. Maybe!
Being in charge of a rudderless ship headed for the rocks must have it’s pressures. The realisation that a 25 point admin penalty would now put them bottom of the league must have been quite sobering. Then again, if they can convince Ra People and the football authorities that a new club can have a 100+ year history then it’s only 10 points. Sure you can fool all of Ra People all of the time … Anyway hope he enjoyed the day out.
It would have been interesting if your rugger chap had been beside him. They could have had a riveting chat about the Sevco “annual accounts”.
It seems the penny is beginning to drop with some of the brighter members of the Dothebouncy forum (my personal favourite of the many bigot-forums). They are starting to realise that they have not landed a manager and Director of Fantasy is because they can’t afford them; they know that they won’t attract a big name; they know that the current squad is not good enough; and they know that their destiny (on a best case scenario) is to accept their status as SPL mid-table fodder like Motherwell. One even started a thread saying that his mate said the staff at Murray Park (ahem… Auchenhowie) had been told administration was imminent. And another said that they would welcome a take over by RB Leipzig even if it meant sacrificing the history in the process. Tough times…
There seems to be a growing acceptance that King does not intend to invest millions – he has had two years to do so and the excuse that he didn’t trust the manager to spend it wisely doesn’t work when that untrusted manager (whose contract was extended in the close season) has left.
There is an acceptance that Celtic can and will get ten in a row – and on and on – and some have started to suggest that a run in Europe, even were it to happen, would be short, distracting and wreck the summer break.
One or two members have said that times were worse when they lost to Annan despite the Annan manager being away for his friend’s wedding; or to have been two up against Alloa and still lost. But we all know that these times were not as bad. Although the opposition might have been poorer, and the results objectively worse, at least then the Sevconians had hope. They were at the start of a Journey. Now they seem to have lost hope, and that is a far worse place to be.
To adapt from T2: Trainspotting – “there were no more gullibillies left”.
So, just the diddy shareholders (sorry, fans (or should that be “sorry fans”)) and trade creditors who’ll be taking a haircut so to speak, rather than the mane man and the lying King?
In awe of the news gathering of your network, Phil.
This is definitely TICK TOCK and not a moment too soon.
Oh fuck, here we go again
First time was a blur
This time will be special
Dejavo anyone, with added sweetness lol
Phil please explain the mechanics of exiting liquidation and when if ever will Sevco accomplish this?
Pat
You can`t exit liquidation. Liquidation means you have been liquidated, which means wiped from the face of the earth. The liquidation process will be complete when any cash that is left has been allocated and the only signs left of the old r4ngers will be in the letters lying around the various offices and apartments that have been given around 2p in the pound as a final payment.
I purchased a van from a firm who was liquidated and I`m still getting letters from the liquidators
eleven years later.
Rangers till they die…..
…twice
… “hirsute functionary”…. “immaculately coiffed denizen” … Love it.
Hi Phil! Was an absolute pleasure to bump into you at the match today, My boy loves Downfall and is most chuffed with his selfie! Thanks.
I think that the next thing to happen down Govan way will be the fragmentation of the ‘board.’
Then disintegration. There’s not much reading between the lines required to identify the schisms that already exist.
These are strange times.
The pleasure was mine
Perhaps he just wanted to experience supporting a winning team. That 25 point penalty for going into administration must be looking ominous but then I stand corrected they are a new club, so it’s only 10 points !!! Wait a second they are a new club but with the trophies and history of the old club. Phew that was close nearly tripped up and left them at the bottom of the league. The 10 point 25 point conundrum is really going to stretch the minds of the football authorities.
There’s the loving cup…..