I cannot say that I was surprised when I was told today that Sevco had been granted a licence to play in European competitions next season.
The key thing to understand that the UEFA take the national associations at their word.
In turn, there is a high degree of trust domestically that the clubs will act in good faith.
Of course, this is the touching naivety that saw the application from Ibrox nodded through for season 2011-2012.
As regular readers will know, that is the focus of Resolution 12.
Essentially, the licensing procedures at UEFA need to know if the club will be able to see out the competition-i.e. not suffer a financial collapse during the coming season.
The final season of the original Rangers did, of course, experience an insolvency event.
However, by that time the Ibrox club had already been eliminated from both UEFA competitions.
That was mainly thanks to the tactical brilliance of Super Salary.
I noted that in the crucial area of “Legal/Admin/Finance & Codes” that the Ibrox club was only awarded “Silver” status.
Conversely, Celtic achieved “Gold” in all categories leading to an overall grading of “Platinum”-the highest.
I have today submitted some precise questions to the UEFA Media Office apropos Sevco’s licence application.
Unlike the chaps in Hampden, they always answer this journalist promptly and professionally.
When I receive their answers, I will publish them here.
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Where are the back of the fag packet accounts? They must be horrendous. It shouldn’t take much for UEFA to quickly check on the loss making company that is sevco. Deferring wages whilst attempting to buy new players also, come on..
Doncaster knows the klanbase would go tonto if they were denied a European place, even if he showed they blantantly do not pass the regulations and rules of entry.
Don’t worry though Jim McColl is coming.. ROFL.
Do we now have Res 12 Rev 2 – if the SFA have passed through Intrim account which are knowingly false then same applies – the teams below Rangers are being commercially disadvantaged including 1 other team who would have gone into European competition to take up the Rangers place. Surely this is now also a crime ? Their shareholders – Aberdeen, Killie and I think Hibs last season as well as Aberdeen, Motherwell and Livingston this season, should be challenging their clubs boards. Incidentally it also gets it away from a Celtic revenge mode. PS does anyone know which club would have benefited if Rangers hadn’t participated in 2013
Sevco have influence at eufa.
Hugh Dallas, Campbell ogilvey and I believe there is the third man. Can’t remember his name.
I think you are referring to David Taylor.
He’s deid noo !
As a consequence of lock-down I’ve taken to wondering….who can survive into August? Could it be Sevco or Dominic Cummings….all bets and bank details to…..
The whole ethos of FFP is that clubs do not spend loan/borrowed money in order to bring in players that improve their prospects of qualifying for European football and therefore earn back the money that has been spent.
Irrespective of the Pandemic players will have to be sold by Rangers in the next window to pay the bills and soak up the losses. This financial year’s loss will move the cumulative losses since 2012 to over £50m.
The ‘investors’ who have provided the cash to cover the losses find themselves in possession of a diluted shareholding in a club/company/thingy that has never returned a profit since 2012, nor has won a major trophy to balance that spend.
That’s money that they will never see again, so fair play to those who have stepped up.
I doubt that’s what they signed up for initially but walking away is not an option as the pressure to keep pumping in cash remains.
Less than a week till the window opens, Hagi’s ‘rental’ period(Gabriel McKay in the Daily Ranger) now over and a permanent deal done, another mouth to feed.
Looking forward to the Scottish media going into a frenzy over the number of clubs competing to buy the likes of Morelos, Tavernier, Kamara ……
Well, Karma should hopefully now be more far reaching.
TRFC ‘should’ go bust during EL participation.
As punishment, UEFA ‘should’ ban ALL Scottish teams from the CL and EL for X seasons.
Then the SFA, the clubs and the SPFL can fight amongst themselves at the lost revenue.
They might even consider improving governance.
And Lawwell could retire in disgrace.
My that seems to be an odd reaction to this situation, punish all for the cheating of one club with the assistance of the is parent body. The club in question and said organisation ought to be the ones dealt with, the silence of others in the organisation seems yo be equally odd though.
Yes but the other clubs have been turning a blind eye as the blue pound and tv deals depend on their being a Rangers, and these are keeping the clubs afloat. Over a barrel by Rangers I’d say. However I see Dave Cormack AFC is floating the Europa league – he obviously sees the conflict so quicker AFC get away from Rangers and SFA the better – see Rev 12 Rev 2 above as plenty bullets for the other clubs to fire at the SFA. On another thought – you would think FFP would also review the last auditable accounts as well as the interims for the season – that being the case it would be obvious to SFA and UEFA that Rangers interims have not been accurate
Celtic have backed sevco from day and still back them till this day hence the 5 way Agreement LIEWELL fingerprints are all over it Celtic need sevco they are the other half of the cashcow . Think back when sevco where in lower divisions the top tier of Celtic park was shut . That’s why there will always be a sevco be that sevco 1 or 2 or 3 .
How anyone can have anything to do with the SFA knowing about the corruption dripping out of that organisation . The fact sevco hot the license way back in 2011/12 is now the green light for season in season out to play in Europe. If and when sevco do get to the top of Scottish football for the first time only then will there be a backlash from Celtic supporters because the club itself ain’t going to do anything. But by that time the damage would have done sevco will be top dog and all the bitching and sniping won’t change that as it will to late . Hence why something should have done at the time but instead our club turned a blind eye and that was all down to LIEWELL & Co .
One word corrupt
It is good to see that at least one Journalist within planet Fitba’ has the interests of fairness and integrity at the forefront of their approach.
No Mr English I’m not referring to you ya 🔔🔚
Phil, I don’t think you will get answers here. UEFA’s head is just as buried in the sand as well and won’t want to open this can of worms.
Good on you Phil,keep at them there’s no one better for that✅
I also see that on the JohnJames site there is a copy of the email used at the start of this 5WA fiasco,clubs,names,dates all there for public perusing…
Until today I’d never seen it,PL has sold Our 🍀collective souls,in making a pact with the enemy.
I find that so very SAD.
Maybe one day he’ll pay for that.
Thanks Phil. Keep at them.
I’m going to assume there are a lot of placemen of the blue persuasion nearing retirement at Hampden who don’t care a fig for observing the rules and only care about saving the club they all love. UEFA sanctions for the SFA and the rest of Scottish football don’t matter to these odious creeps, only doing everything they can to aid whatever eldritch horror is occupying Ibrox…
This has now gone beyond farce Phil.
Its a scandal that a Club can be accommodated in this manner…and get away with it.
I always wish you luck in your quest for honest answers…because when I take the people you are dealing with into account…
You need all the luck in the world.
Keep shining lights into dark corners.
Stay safe
hail hail
What questions have you posed Phil?
I will publish them with the replies from UEFA.
Someone decided last season that leaking the 6 monthly interims would show what the SFA was looking at before waiving through the licence application.
As we know now that healthy half year forecast £5m profit flipped and the audited annual accounts showed a loss of £12m.
The current financial year’s numbers will be in that same ball park, or worse.
It would appear that the prank played on the SFA last season has been repeated and no difficult, or any, questions have been asked by Maxwell and the licence committee of the numbers supplied to them by Rangers.
The whole process is built on trust. When the SFA submit the licence applications to UEFA, UEFA assume that the SFA have reviewed and are happy with the financials put forward to them by the clubs.
Given the 6 monthly figures supplied by Rangers last season, compared to the annual audited numbers, someone was taking the piss.
Since 2012, and before, nothing that comes out of Ibrox can be taken at face value.
Without the income from the Europa run last season Rangers annual loss would have been nearer £20m, ditto the current season.
Maxwell, as expected, has done nor said anything that distinguishes him from his predecessors.
He’s now got dirty hands with regards to Res 12. Everyone knows that the Rangers submission in 2011/12 was fraudulent, they lied about their tax status.
Those responsible, either still, or departed, from Ibrox and Hampden can still be charged with fraud. There is no time bar on criminal fraud and in this instance waiving through the licence could potentially have earned Rangers millions.
The old entity is no more and the current club playing out of Ibrox can’t be held to account for the sins of the former.
It’s those individuals responsible for the fraud, some of whom are still in situ, who should be brought to account.
What’s to stop them doing the same thing again? Oops, hold on, they just have.
Hope you asked how an 8 year old club who has operated at a loss for each of these 8 years, passes UEFA FFP regulations.
What are the questions?
The price of them voting to end the league?. ., lol
Phil why does no other Journalist ask the same questions, surely it would be difficult for the SFA to ignore a raft of questions from multiple sources, Cantor get my head round that…its a story begging to be told