Residents of Planet Fitba awoke this morning to learn that Sevco have a £10m player on their books!
A cynic might conclude that the Barrie McKay algorithm was in play for that valuation.
Sadly, the grubby truth is that all Sevco players are up for sale.
The Sevco High Comand recently had communications with a club who had put in a bid for Josh Windass.
They were told that if they doubled their bid to £300k and paid up front then they had a deal.
If the deal goes through then it could only be described as a distressed sale.
The financial reality is that the basket of assets desperately requires around £3.5m to plug the immediate hole.
For the avoidance of doubt, that doesn’t get them to the end of the season.
No doubt one of the directors will step in at the 11th hour this week and the wages will be paid.
Of course, it won’t be Mr King.
Dave doesn’t do that kinda thing.
I learned today that that only last week the Serious Professional was dispatched to plead with two chaps who used to directors.
They were told that their money would now be very welcome at Stalag Sevco, where every pound is in the Cooler.
Their tenure came to an end with the Off License Putsch.
This is another indication of how desperate they are to bring in cash.
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My understanding and this comes from an infallible source is that €300m will at the managers disposal by tomorrow lunch time. Top of the shopping list will be a plethora premier league stars. Will this be enough to catch Celtic – the blue room thinks so.
I also heard that bitcoin billionaire and former Rangers captain Barry Ferguson had a helping hand here.
£10 million pounds for Morelos ? Aye right. Mores like 10/- .
Hallucinogenics appear to be widely used in Mordor. Only logical explanation for this delusional merde emanating from this rancid organism.
It would also appear that the serious professional has acquired a pair of miner’s knee pads in his search for financial investors. The Holy Grail comes to mind.
Excellent
Hogwash !
Laughable that the SMSM are now calling for the resignation of Regan for not getting O’Neil – as if the job is a lucrative bed of roses that only the insane would turn down.
More likely, The Fat Controller and his masters have decided that Regan, the useful idiot, has served his purpose and should be moved on to make room for a cleanskin to oversee Admin II (sic). That way, Regan’s portfolio of obsequious deceit cannot be used against the venerable SFA as rules are forged, moment to moment, in the white heat of self-serving expediency.
But it does raise the issue of who is qualified to take on Regan’s position and run with his consistent anti-governance, anti-integrity, ant-fairness, anti-sport, anti-success agenda? David Murray perhaps, or David King, maybe Charles Green, or as an outside silly bet, Craig Whyte. These are definitely the calibre of chap needed to continue the good work.
Scottish football is unable to afford goal line technology or VAR according to our esteemed authorities. What a blessing the latter will be for Fleming and his team.
Neither can we afford a cohesive drug testing policy, or any sort of policy at all.
Scottish football remains the only sport in the world without a drugs problem.
We know this to be true because, to the best of my knowledge no player has been tested positive for using performing enhancing drugs in the last 5 years.
Is this the result of an extensive testing programme with players regulary checked with no prior notice?
That we don’t know as the SFA appear reluctant to share the statistics with anyone, all of course as part of their transparency culture.
Most sporting bodies in the UK actually regularly test their own employees as part and parcel of their conditions of employment.
Given the poverty of our football authorities I wonder how many of the non coaching staff will be on the plane to the Americas at the end of May and what class they will be flying?
Try getting an answer from Regan on that one.
With no manager in place who actually thought that flying half way across the world to play meaningless friendlies was a super idea?
With the World Cup shortening domestic seasons in May and some of our clubs playing in Europe in July the decision is madness.
Should we expect any more from a football authority that time abd time again has shown itself not fit for purpose.
From a purely selfish point of view I hope Brendan picks up the phone to Stuey and tells him to do one!
All hands on deck the bus men are back fares please.
Same old story,this months wages due again,and we have to believe that one of their directors will step in and throw money away.
The source of these resources are not the directors,but its a good cover up to hide the real source.
SDM was a great cover for oldco,as most people believed that he was using his own money,and now we all know the truth,thanks to people like Phil.
So let’s not swallow any more crap,and consider why this club is allowed to exist by the Scottish government.
The courts decide on insolvency, unless you are inferring direct funding from the Scottish Government, which really would be a paranoic fantasy on your part of truly heroic scale.
I love it when a plan half comes together or a half-arsed plan comes together – adding to the salary and world class breakfast costs by bringing in loadsa loaners – without shipping out any duds for real cash in hand. Result – even more stress on cashflow projections.
Today, I’ll mostly be reading David Copperfield by Charles Dickens featuring Mr Wilkins Micawber and his homespun economic philosophy.
Nothing would surprise me with this mob anymore. Somebody will come in and save them one of these days. Don’t know who or when but a way will be found to save them. The gullible will carry on supporting them as if all is well in their little world. The rest of us will just have to accept it. I just hope that celtic continue to dominate in the meantime and for the foreseeable future.
Hope it’s the pied piper
“Buying” players with first down payment being in August?
So players registration passes to Sevco who undergo an insolvency event at a later date and pre the payment date, player becomes a free agent if chooses not to TUPE over to new entity and selling club gets pence in the pound.
Phil; funniest thing about the whole Morelos “valuation” is that they couldn’t get an offer near that to buy the whole lot and kaboodle at Ibrox, brogues, blazers and 1 Petrofac cup included. They just truly are the gift that just refuses to stop giving…???
Meanwhile the usual Sevco Scottish Cup byes with lower league teams are filling the backlog.
Whilst the Premiership teams are halving their numbers at each stage. With fewer and fewer Premiership clubs for Sevco to face in the competition.
Don’t worry. At some point if that continues they’ll need to face us…….. And goodnight Vienna. Plus how much will they make off away ties to Fraserburgh and Ayr United. They could get to the quarters having lifted virtually zilch.
The real reason for Sevco slapping a £10 million price tag on morelos is more to do with them trying to drive down our valuation of Moussa. This is a guy who’s so slow he needs a yard head start on our backline in the hope the linesman makes an honest mistake. Either that or he doesn’t understand the offside rule..?
They know fine well morelos is worth in the region of a million but with him beating moussa in the scoring charts so far this season surely moussa must now be keech and last season was a fluke.
After going all in these past few seasons it would kill them stone dead if we got £30 million for moussa and they know it. It terrifies them that we are debt free with all taxes paid and a hotel and museum complex in the planning. We’re shopping at M&S for Kobe beef while they root about the skip at the back of Morrisons for past it’s sell by date mince.
So thats where the sevconian players get changed now….!!!!
I would take the price tag with a pinch of salt.
Windass, allegedly has a £3.5m buy out clause in his contract yet has attracted potential offers of around £300k.
As the close of the transfer window gets closer that £300k, if still available, might be crucial to plug cash flow issues and the buy out clause will be redundant.
Pricing Morelos at £10m isn’t going to have a queue of buyers lining up on Edmiston Drive.
In fact it’s much more likely to put off prospective buyers.
So if we are to believe our media that the club is desperate to hold onto the player then the £10m price tag will have achieved it’s aim and Morelos as the most valuable player on the books will no doubt have his agent chomping at the bit to see that his client is paid according to the value placed on him by the club, which will be around 4 times what he’s currently on after his move from the Finnish minnows.
Windass has attracted interest in the £150k range.
Sevco have asked the club in question to double it and they have a deal.
That £3.5m buy out price tag did appear somewhere in the fantasy press. I can’t remember where but I do remember seeing it.
Is the ploy to maybe sell to an ex sevco manager (there’s enough of them) to take the £10m player with a requisite towards money owed to them in return. I wouldn’t put it past them. Just a thought?
Ah, the old Souness-Boumsong shuffle. Surely they wouldn’t try that one again. ?
Did the boumsong money go into rangers accounts mmm
Or the old Warburton- McCleod shuffle ( Cook-Rossiter) Beware Wigan owners!!
Who are these ex-Sevco managers?
Magic Hat – unemployed
I doubt Stuart McCall has either an overflowing warchest or compulsion to risk his job paying over the odds for newco duds.
McDowall and McCoist are gardening and Sir Cardigan is enjoying retirement and wishes the new club every success.
More significant than all that the EBT brown paper bung is no longer in play.
One flaw in that !
Most ex oldco/Newco mangers (vague) are proven duds and not in a job or any position of power to exercise such a deal.
So “Rangers” deem a player having played half a season in Scotland as being worth 10 million but only value established players in the Scottish League who they think will improve their team as being worth less than half a million with zero cash up front?
Surely if we take Sevco at face value and Morelos is worth 10 million, this means Docherty at Hamilton is a 6 million player, Jones at Kilmarnock a 7 million etc.
It must be very disheartening for the new signings knowing the club thinks Morelos is worth 10 million but they were not even willing to spend a paltry 1 million to buy them, essentially the club thinks Morelos is more than ten times the player Jamie Murphy is.
Yes I saw that – ten million? LMAO!
I fear maybe the Sevco manual adding machine has mechanically added a couple of extra zeros on the end there. Where have they come from?
Well perhaps it’s all his full international caps for the mighty Colombi… oh wait.
Well perhaps it’s his goals for the Colombian under 20… oh. Well maybe not.
But then, perhaps it’s his many goals for the under 17… oh really? Fair enough.
On the other hand though, if you add his full international caps to his under 20 international goals and his under 17 international goals – there you have the explanation.
That’s three extra zeros right there. xD
Or perhaps the many clubs queueing up for his signature plan to turn him upside down and polish their players’ boots with his comedy hairstyle?
Another epic fail by the SFA in their search for a new manager.
The Compliance Officer is still dancing around the SFA’s handling of the fraudulent UEFA licence granted to Oldco in 2012 despite the unpaid tax bill.
The number of drug tests being carried out by the SFA/SPFL remains a state secret that no one wants to discuss.
Apparently football in Scotland is the only sport in the world without a drug problem.
Who amongst the blazers though it was a super idea to jet off to South America at the end of May for 2 meaningless friendlies which without doubt will set off a club v country issue with Celtic who face 4 CL qualifying games over July and August.
Is there anything that the Hampden blazers can lay claim to as a job well done?
Oh yes, the latest Scottish Cup draw where they managed not to confuse their 6’s and 9’s……whopee for then.
I wonder how many of the blazers make themselves available for the South American jaunt. Will it be a family event?
No doubt the best seats are already spoken for.
If it’s the same guys then I recall seeing footage on YouTube of these two fellas taking stage at the AGM.
If they have an ounce of self respect they’d tell them where to shove it.
This will be interesting. If the terms are a downpayment in August, 7 months away, and the balance over an extended period Accies should tell them where to go.
However the recent fraud may be a factor in the decision.
Perhaps they could ask Newco for details of the invoice financing companies they spoke to, they may well agree to advance the bulk of the agreed fee!
Stranger things have happened. Newco might even earn some commission from the deal for introducing Accies to the finance house.
Win, win.
I laughed out loud at “the Barrie McKay algorithm”. It could be the name of a really terrible easy listening band!
Meanwhile (and if I may…) here is a possible scene from the newsroom which broke the £10m story… https://theclumpany.wordpress.com/2018/01/22/ten-million-pounds/
Barrie McKay and the Algorithimics…
STV understand sevco have upped their bid for Docherty to £500k , must be over 3-4 years
If Sevco are skint–and I’ve no doubt they are–they might wish to place a saleable price on their playing assets. ?
Would these two Directors who have been approached… be guys who employ people to shout….
“Come oan …get aff….the bus is startin’ tae stoap ”
Surely no…??
Mibeez aye ! mibeez naw………….btw.