QUOTE (zutons @ Nov 15 2008, 11:44)

Back to topic.
The SFL are very worried about livi's state, They are worried that another club in difficulties shortly after Gretna going out of business is going to give bad press about the scottish product. Sadly, Livi's financial problems won't go away anytime soon.

The SFL/footballing authoriies in general must shoulder some of the blame for the perilous situation that some clubs are in and must do more to regulate/assess the covenant of the people that buy our teams to run as "community clubs" but are not in turn willing to assume some "community responsibilities".
Perhaps it is time for every "owner" to place a bond into a fund with the authorities, the said fund could then be utilised in the event of a club failure. I notice in England they are talking about better regulation of clubs as it is felt that HMRC and smaller creditors are acting as bankers to football clubs and HMRC in particular are unhappy about their losses to the clubs.
In Livingstons case Massone nor Flynn before him and lets not start on Keane didn't have the money required to stabalise and run a football club prudently, I'm sure all three had passion and ambition, but as has been all too evident at Livi that is not enough.
Fans want success and when they get a taste of it they crave more, but success costs money, real money, there needs to be a rebalance of club expenditures and perhaps for a time a lowering of expectations by fans.
Remember it aint the winning that counts, it's the taking part. (That and still having a solvent team to support)