For the Fitba finance experts among ye the following might prove to be interesting.
A Maroon buddy of mine sent it to me and I’m grateful to him.
The full thing can be read here.
We discussed it on the phone and I said that this was a very sober dry exposition of a plan for a club to be self-financing and sustainable.
Indeed, I pointed out to him that it was the obverse of what Walter Smith had aid when he was briefly the titular head of the Holding Company Vehicle.
In reality, he was merely a sock puppet for Charles of Normandy.
What the Blessed Cardigan did say during his reign of error was largely forgettable.
However, he did share this gem:
“There is no common business sense at a club such as Rangers.
“Yes, money is being lost. But what can you do?
“You can’t sit on the board of directors at Ibrox and tell the Rangers fans, ‘We can’t afford to do this.’ You have to go out and find the money to do it.”
The difference between the Ibrox insanity and the measured analysis from Tynecastle couldn’t be more different.
When both clubs were battling for automatic promotion out of the Championship the home crowd in Gorgie taunted the Sevco support with the chant of:
“You let your club die, you let your club die. You walked away and you let your club die.”
Unkind, but not untrue.
The fact is that Hearts fans rallied to the cause and saved their club.
In 2012 The People cluttered the pavement on Edmiston Drive waiting for a Sugar Daddy to appear and pay their bills.
My Maroon mate detests the lazy associations between his club and anything that emerges from Ibrox.
Moreover, he’s fully behind Ann Budge in her determined effort to extirpate the last of the John Wilson fraternity from Tynie.
These words blink to life beside a beautifully framed collage honouring the Edinburgh-born revolutionary James Connolly.
My Tynie mate gave it to me as a wedding present.
He spent hours cutting up material from a museum exhibition that celebrated the life of Edinburgh’s famous son.
The event was called “sing a rebel song”.
I treasure it.