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St.Mirren
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Both the ICT and St Mirren statements are horrendous, the SFL are blameless in this situation. Both statements are eerily similar and talk of redundancies etc, and i imagine are reflective of most SPL clubs. That is why i cant get my head round St Johnstone and Killie signing players on contracts during this perid of financial uncertainty. To go off on a tangent.... Right so Rangers are gone...sponsors are gone, clubs are forced to sort themselves out, some even go into administration. What about when the Newco get back to the top division? Surely sponsors will come back? A better TV deal on the table etc etc In that case, we would have a top division of relatively financially prudent clubs, able to benefit massively from the revenue the returning newco would bring. And hopefully this extra revenue is spent wisely on youth development etc for the benefit of the game. Chuck in reconstruction and i think it could be short term pain, for long term gain.
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Alasdair Lamont @BBCAlLamontSo next Weds 12 SPL clubs will vote on a number of resolutions, one of which is to impose 10-pt deductions on newco for 2 seasons Alasdair Lamont @BBCAlLamontThat needs a minimum of 8 clubs to vote in favour to be passed Expand [/url] Alasdair Lamont @BBCAlLamontSeparately clubs will vote on whether to impose 75% reduction of SPL money on newco for 3 seasons, needing 11 clubs to pass it Alasdair Lamont @BBCAlLamontIf neither of those resolutions are voted through, it's the status quo for rules on newco, ie nothing specific to deal with eventuality Clearly, because of the voting requirements, it's more likely the deductions will be passed than the financial penalties
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rangers fans just don't seem to get this do they. Kennedy and Blue Knights may well be the best bidders for Rangers long term, but their bids screw the creditors, and the creditors are all D&P care about. Rangers media is a terrifying place. An hour ago they want to throw Kennedy to the dogs, he releases a statement and suddenly he is the saviour!