The cost of failure at Sevco

It would appear that the chaps in the radar press are pushing strongly for Derek McInnes to be the new guy at Sevco.

No doubt he would do a good job at Ibrox.

However, he will cost money.

A well placed Granite City source told me this morning that a likely compensation deal would be in the region of £750k.

That’s £250k per year of his new contract.

Of course, that does not include the price of paying Aberdeen for the release of the Pittodrie backroom team that McInnes would demand accompany him to Ibrox.

At the time of writing, my information is that Senhor Pedro Miguel Faria Caixinha hasn’t been paid off.

He received his salary at the end of last week for this month.

Therefore, he’s probably still on the payroll.

However, I’m sure it will all be sorted out in a Quintessentially British fashion.

Such managerial failures can be costly.

If there is any intrepid stenographer out there who wants to try this journalism thing then they might want to contact the Admirable Warburton.

The following apposite questions would be value added:

Have you reached a settlement with your previous employer in Glasgow?

If so has any such settlement been honoured?

That could clear up a few things.

In the meantime, Sevco remains a loss-making business without a credit line from a bank.