A huge part of journalism is about trusting the integrity of a source.
In my case, one person, in particular, has been supplying me with high-grade information for years and that scéal is usually on the money.
Often aI can double source what I’m told.
However, when I haven’t been able to do that and decided not to run the story the tip is usually validated by subsequent events.
Therefore, when I got the call yesterday I was intrigued.
My source told me that to expect a PR campaign emanating from the Blue Room in the coming period about the Ibrox club being a shrewd investment.
Dear reader, let me run that by you again:
My source said that the discussion had been had with the Sevco High Command that now ( with a European final and the potential of Champions league riches) was a good time to entice possible outside investors.
My response was this:
“Why when there is suddenly good financial news on the horizon would they be thinking about getting out?”
The answer to my question was a cynical laugh.
I’m long enough at this game to realise that sources do not always tell you everything.
Clearly, there is something that I do not know that’s significant.
Therefore, I’m only left with speculation.
Has a rather big bill dropped?
More than one?
I don’t know.
What is certain is that unlike the good old boys at the Scottish Football Writers Association I will try and find out.
The chaps in the Blue Room might be successful in their plan to lure in new blood.
Caveat emptor and all that I suppose…
Of course, there is no need to speculate on the reasoning behind this move.
For the avoidance of doubt, it will be met with a commercially successful Pavlovian response from the klanbase.
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The economically challenging times have arrived. I told you they were coming. The printing press had stopped and intetest rates will rise… People won’t. Be buying as much. Cars, football shirts, season tickets etc
Sevcos fututr now hangs on 1 fitba match
My first thought was ‘due diligence’. I wonder if any prospective investors will be allowed to go through the books. Clearly the Ashley case is public knowledge, I assume wages, and payments for VAT and HMRC are up to date?
How many new kits have they released this season, is that 5 now ?
They must be absolutely skint
When Malmo took Sevco to the Champions League cleaners back in August, some would say it was a very strange time for Dave King to ask for his £5m loan with £1m interest to be paid back pronto, surely Parks of Hamilton aren’t about to do the same thing??? it would be cynical to suggest that this could be the very break they’ve been waiting for to get their money back from keeping the lights on at Ibrox for the last four years, as they know they may not get another one