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Regrettably, we have to correct Ann Budge’s statement in the article by Tom English on the BBC Scotland website today, where she said: “I’ve sat on the SPFL board and I’ve approved a loan for another club.”
Quite simply, she did not, (and neither did anyone else during Ann’s tenure on the SPFL board).

Her subsequent statement in the same BBC interview is far more accurate: “I genuinely can’t remember the club involved, but a club required an advance. We discussed it, it wasn’t contentious , everybody agreed and we moved on.”

As Ann herself correctly states in the latter comment – it was an advance payment of fees due to clubs – and not a loan, which is a crucial distinction.

The confusion is unfortunate, but the facts are clear:

In 2016, the SPFL agreed to pay invoices from two clubs for fees they were due to receive in the 2016/17 season. This was to help them with cash flow problems caused when Rangers’ promotion into the Premiership meant some clubs would have only two Old Firm home games pre-split rather than three, which they had had prior to 2012.

To overcome this challenge, the Board, of which Ann was a director, approved £150k advance fee payments to two clubs.

•    These advance payments were subject to VAT – Loans are not.
•    These advance payments were invoiced – Loans are not.
•    Loans, by their very definition, have to be repaid – these advance fee payments did not.  

Moving forward, we are still being asked if we could have made loans to clubs of £9m in April, but there is no practical nor realistic way to have done so.

Before directors make loans, they must carry out due diligence into whether clubs have the ability to repay the loans. 

That is a major exercise and to do so 42 times in a short timescale would have been impossible. And, being frank, given the financial crisis that the game is in, it is impossible to see how the Board could have satisfied itself that all 42 clubs would have been a good credit risk. Clubs defaulting on loan repayments would have left every other club liable for the loss - which is exactly what happened when Gretna were given a loan over a decade ago.

As to the question: could we not have made millions of pounds of further advance fee payments in April, to help clubs weather the financial storm caused by Covid-19? The answer is no. By the end of March, the SPFL had already made fee payments up to roughly the entitlement of the bottom club in the Ladbrokes Championship, Ladbrokes League 1 and Ladbrokes League 2.

With fee payments being entirely dependent on final League placings, the Board’s resolution remains the only realistic way to have made substantial and quick payments to lower league clubs, as well as giving them the certainty and clarity they required to make the tough decisions necessary to get them through to the point that matches can be played once again.

SPFL dishing out telts to Ann Budge & Tom English.

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Here our hero Doncaster explains it all and in the process eviceratesTom English.

 

 

 https://twitter.com/BenTheTim/status/1256584028632895490?s=09

 

 

I await the "aye, but...." Responses from the big and wee ****.

 

 

 

 

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Will English triple down? Or admit he made a rip roaring c**t if it?

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19 minutes ago, Speroni*1 said:

SPFL dishing out telts to Ann Budge & Tom English.

That is beautiful. Tom English made to look incredibly fucking thick, mostly down to him steadfastly sticking by his best pal Ann Budge.

Neil Doncaster and the SPFL have fucked up a lot since this all started but they haven’t here. Absolutely right to get these morons telt. 

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That'll be another few pages ripped out of the"EXPLOSIVE DOSSIER"

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Hopefully that's the end of Tom English's overlong foray into football journalism. Back to rugby for him, please.

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Not taking Doncaster explaining things in the correct rational manner very well....

 

20200502_161506.jpeg.7cce5e76c4db7fe616eec3800bcc441d.jpeg

 

 

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9 minutes ago, yoda said:

Hopefully that's the end of Tom English's overlong foray into football journalism. Back to rugby for him, please.

For anyone that follows egg chasing; is he considered a decent pundit for that sport?

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Leagues all over Europe being called and we are arguing about stopping the lower leagues and the definition of a loan.

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52 minutes ago, Romeo said:

Will English triple down? Or admit he made a rip roaring c**t if it?

He's tripled down:

 

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He's tripled down:
 
He does seem to have forgotten about the payments things and it's back to the bullying. Which as the twitter respondent says he address during the show.

Why not name the person, the club who contacted him?

His reputation is in tatters.

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8 minutes ago, Speroni*1 said:

He's tripled down:

 

 

When there's more comments than likes on a twitter post, the poster has usually made a c**t of it. 

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2 minutes ago, Romeo said:

He does seem to have forgotten about the payments things and it's back to the bullying. Which as the twitter respondent says he address during the show.

Why not name the person, the club who contacted him?

His reputation is in tatters.
 

He'd better be sure that his source is trustworthy or he could be done for defamation by repeating a 3rd party's accusation.  He mentioned Dundee by implication - all it needs is for Nelms to deny any bullying took place and that's English in trouble.

IANAL.

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3 minutes ago, AFCDannyFTH said:

 

When there's more comments than likes on a twitter post, the poster has usually made a c**t of it. 

Celtic fans on Twitter calling him out for it gives him the easy excuse that there's always 'one half' of Scotland's football supporters against you when 'chasing the truth' and I've no doubt he'll be trying to console himself with that.

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2 minutes ago, AFCDannyFTH said:

 

When there's more comments than likes on a twitter post, the poster has usually made a c**t of it. 

Not really,  especially when the celtic support are fully roused.

 

Tom's Twitter notifications must be red hot by now, no one criticises the spfl when celtic fans are on the case.

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32 minutes ago, Speroni*1 said:

For anyone that follows egg chasing; is he considered a decent pundit for that sport?

I don't follow it but I believe he is. 

My old man is a big rugby fan and I got him a book that English had written about the Calcutta Cup rivalry which went down well.

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1 minute ago, bennett said:

Not really,  especially when the celtic support are fully roused.

 

Tom's Twitter notifications must be red hot by now, no one criticises the spfl when celtic fans are on the case.

Blah blah blah Something Celtic.. blah blah something something Celtic... change the channel lad... Tom English made an absolutel c**t of himself, nothing to do with Celtic. HTH.

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19 minutes ago, Speroni*1 said:

He's tripled down:

 

Is there any claim of who did the bullying? The demand is for Doncaster to be suspended, are these related?

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Is there any claim of who did the bullying? The demand is for Doncaster to be suspended, are these related?

Not sure Mrs Budge, let us know if you find out.

 

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