Michael W Posted July 6, 2020 Share Posted July 6, 2020 1 hour ago, Ro Sham Bo said: If this story was true it would almost certainly be leaked to either the Courier or the FFP rather than the Sun. Agreed. Capital City Press (CCP) are usually very reliable in addition to the FFP and Courier. If none of those three are going with it, I think it's just standard tabloid sensationalism. 2 Quote Link to comment Share on other sites More sharing options...
renton Posted July 6, 2020 Share Posted July 6, 2020 (edited) 8 hours ago, craigkillie said: I can't see why there would be a long legal battle here - the point of the SFA arbitration is to avoid that. And anyway, there is absolutely no requirement for Raith to have legal representation here - that was entirely the choice of the three promoted clubs, and it didn't really pay off given that they lost their own case. Presumably it was because of the slightly different aims of the two parties: arbitration vs throwing the case out entirely. It probably does make sense to make sure our point is represented at arbitration. Still, I can see why the promoted clubs would be looking to see if there was an appetite from other clubs to provide some financial backing, but the article is fairly over the top clickbait. We'll spend that kind of money on Lewis Vaughan's knee surgery every year alone. Edited July 6, 2020 by renton 0 Quote Link to comment Share on other sites More sharing options...
L. Brilliant Posted July 6, 2020 Share Posted July 6, 2020 I assume Rovers, Utd and to some extent Cove want to have a voice should there be a sense that the other 37 clubs are intimidated by a possible compensation liability to Hearts - as promoted teams we would have a stronger case for compensation ourselves and would pursue it, in the unlikely event the promotions were reversed. 0 Quote Link to comment Share on other sites More sharing options...
RaithRover123 Posted July 6, 2020 Share Posted July 6, 2020 10 hours ago, Loemba90 said: https://www.thescottishsun.co.uk/sport/football/5777316/raith-rovers-promotion-legal-battle-bust/ Raith in danger of going bust as a result of having to defend themselves for being promoted. Scottish football at its best. Funny that the sun are picking us out, yet partick were talking about going part time 0 Quote Link to comment Share on other sites More sharing options...
CALDERON Posted July 6, 2020 Share Posted July 6, 2020 Anyway good memories in those videos of the 03/04 season. We were very, very good until getting beat 7-1 at home to County. Faded badly after that. Some cracking away supports we took in those days. 1 Quote Link to comment Share on other sites More sharing options...
Beastie Russell Posted July 6, 2020 Share Posted July 6, 2020 9 hours ago, CALDERON said: Have to admit, I'm struggling to see the point in us having legal representation at arbitration given our case was dismissed. Its all about the SPFL now is it not? Correct, we have no part to play in this new fight 0 Quote Link to comment Share on other sites More sharing options...
Wardy Posted July 6, 2020 Share Posted July 6, 2020 40 minutes ago, CALDERON said: Anyway good memories in those videos of the 03/04 season. We were very, very good until getting beat 7-1 at home to County. Faded badly after that. Some cracking away supports we took in those days. It’s funny to see Ramiro having quite a few decent games from those highlights. But that 7-1 game was probably one worst goalkeeping performances I’d ever witnessed... 0 Quote Link to comment Share on other sites More sharing options...
Miko’s Dive Posted July 6, 2020 Share Posted July 6, 2020 12 hours ago, Loemba90 said: https://www.thescottishsun.co.uk/sport/football/5777316/raith-rovers-promotion-legal-battle-bust/ Raith in danger of going bust as a result of having to defend themselves for being promoted. Scottish football at its best. Heart(s)-breaking. -2 Quote Link to comment Share on other sites More sharing options...
Its not only a game Posted July 6, 2020 Share Posted July 6, 2020 https://www.thescottishsun.co.uk/sport/football/5777316/raith-rovers-promotion-legal-battle-bust/ Raith in danger of going bust as a result of having to defend themselves for being promoted. Scottish football at its best.Or maybe its in the Sun-known for making things up- exaggeration- nobody still reads that rag do they...???! 0 Quote Link to comment Share on other sites More sharing options...
Jilted John Posted July 6, 2020 Share Posted July 6, 2020 I’m going to suggest a wild premonition here, and I’m happy for you all to quote me on this if I get it wrong...I’m going to put it out there that there’s no way we will go bust as a result of this. I think the article is complete sensationalism and that the paper in question has ‘assumed’ we will be struggling financially. Like I said, I’m happy to be proven wrong in the weeks/months ahead. 0 Quote Link to comment Share on other sites More sharing options...
Ro Sham Bo Posted July 6, 2020 Share Posted July 6, 2020 If only we were one of those clubs that managed to raise £100k in fundraising over the last few months, or we had a player we could have sold to a club in England, say for £150k payable at the start of July. 10 Quote Link to comment Share on other sites More sharing options...
Michael W Posted July 6, 2020 Share Posted July 6, 2020 6 minutes ago, Ro Sham Bo said: If only we were one of those clubs that managed to raise £100k in fundraising over the last few months, or we had a player we could have sold to a club in England, say for £150k payable at the start of July. Prize money also. A small amount to some clubs, but very significant to a club like ours. Steven Naismith's wages, for example, won't be that far off our entire wage budget. 0 Quote Link to comment Share on other sites More sharing options...
renton Posted July 6, 2020 Share Posted July 6, 2020 12 minutes ago, Ro Sham Bo said: If only we were one of those clubs that managed to raise £100k in fundraising over the last few months, or we had a player we could have sold to a club in England, say for £150k payable at the start of July. And before we've started selling season tickets 1 Quote Link to comment Share on other sites More sharing options...
Beachbum Posted July 6, 2020 Share Posted July 6, 2020 And then there's the sales of the new strips - 700+ at the last count. 0 Quote Link to comment Share on other sites More sharing options...
R.R.FC Posted July 6, 2020 Share Posted July 6, 2020 (edited) 44 minutes ago, renton said: And before we've started selling season tickets This is the most important thing for me. If we were on the verge of administration, surely the season tickets would have been on sale at the very first opportunity? It is a pretty substantial part of any lower league sides income. It is highly likely nonsense by the Sun. Even reading it, the headline is click bait and contradictory to some of the information in the article. Although there is the tiny prospect of it being a sympathy play to boost potential crowd funding of the legal costs (I hope not). I remember a paper quoting Clark as saying we’d be in administration by August if the league ending vote didn’t go through. There was then a Raith TV interview with him days later where it wasn’t mentioned and there was a pretty upbeat tone on the finances. Edited July 6, 2020 by R.R.FC 0 Quote Link to comment Share on other sites More sharing options...
steakngravy Posted July 6, 2020 Share Posted July 6, 2020 I don't now if any of you have read the bulletins that are put out every Saturday,most of them have an update from the boardroom and it's quite informative. It will not give details of the on going legal proceedings for obvious reasons but I am quite confident that will come out sometime after they have come to a decision. I for one am still giving money to the club as and when I can. 0 Quote Link to comment Share on other sites More sharing options...
Bandohope Posted July 6, 2020 Share Posted July 6, 2020 1 hour ago, renton said: And before we've started selling season tickets Very reliable source states that United picking up a large portion of legal bill 0 Quote Link to comment Share on other sites More sharing options...
SanStarko Posted July 6, 2020 Share Posted July 6, 2020 Statement up on the Dundee Utd site now about costs incurred so far and how much they could increase to. Appears that we aren't dropping out of the case but are going to the other teams and crowd funding to get the funds to cover the legal bills. Surprised a similar statement hasn't gone up on the Rovers site yet. On the day that the SPFL have released the Premiership fixture list for 2020/21, which is scheduled to start on 1st August, instead of looking forward and planning for the forthcoming season, the executive team and Board at the Club are embroiled in preparation work for the SFA arbitration process that starts this week in respect of the action raised by Heart of Midlothian and Partick Thistle. As confirmed in our joint statement on Friday, we, along with Raith Rovers and Cove Rangers, were pleased with Lord Clark’s decision to refer the dispute to arbitration, however we remain incensed that we are having to devote considerable time and incur significant legal costs in defending this action. Together we have already incurred costs of over £50,000, and face further legal fees for the arbitration process that could take the total bill to over £150,000. Given the serious financial implications of these escalating legal costs for Raith Rovers, Cove Rangers and ourselves, the three clubs have considered withdrawing from the arbitration process and allowing the expert panel of arbiters to judge the case raised by Heart of Midlothian and Partick Thistle without any submissions from us in defence of our case. However, we believe (and our external legal advisors have confirmed same) that there is too much at stake to not defend our position against the Heart of Midlothian and Partick Thistle petition, which is seeking to reverse a decision that was made by 81% of the SPFL member clubs. If successful in their action, in our opinion Heart of Midlothian and Partick Thistle would compromise the sporting integrity of the SPFL with clubs having been declared champions of their league not being promoted. Having won the Championship by a considerable margin, and invested substantial sums of money in preparing for next season in the Premiership, a decision to overturn the SPFL resolution that was supported by 34 of the 42 member clubs would be ruinous for us and our fans. Heart of Midlothian and Partick Thistle could also be awarded significant sums in terms of compensation. Their compensation claim is for a total of £10 million. For the SPFL and its member clubs this would have potentially catastrophic consequences, with any compensation payment made to Heart of Midlothian and Partick Thistle being paid directly out of SPFL funds that are distributed to all clubs each season as prize money. It is with these factors in mind, that, along with Raith Rovers and Cove Rangers, we are reaching out to our fellow member clubs for support in defending this action, which has not only potentially grave consequences for us, but every SPFL club. We also intend running a crowdfunding campaign to raise money to help fund the huge legal bills that we face. We hope that as well as our own supporters, fans of clubs across Scotland will see this as a worthy cause to get behind in that if Heart of Midlothian and Partick Thistle are successful in their action it could have serious ramifications for the whole of Scottish football. 0 Quote Link to comment Share on other sites More sharing options...
Paco Posted July 6, 2020 Share Posted July 6, 2020 £50k for a couple of days in court is absolutely fucking ridiculous. 0 Quote Link to comment Share on other sites More sharing options...
renton Posted July 6, 2020 Share Posted July 6, 2020 1 minute ago, Paco said: £50k for a couple of days in court is absolutely fucking ridiculous. Standard. You should see the hourly rates for even junior associate lawyers... 0 Quote Link to comment Share on other sites More sharing options...
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