topcat(The most tip top) Posted August 12, 2016 Share Posted August 12, 2016 Quote in article "Of five football finance directors who took part, one said their club’s finances were a cause for “grave concern/on verge of administration”. Quote in Headline: "Finance expert Bryan Jackson warns of Premiership club being on the brink of administration" Haven't Killie's finances been a source of "Grave Concern" for about a decade Link to comment Share on other sites More sharing options...
stonedsailor Posted August 12, 2016 Share Posted August 12, 2016 So we get a club called Rangers into the premiership and it all goes to ratshit. Armageddon was slow to arrive. Link to comment Share on other sites More sharing options...
Jimboyjones1976 Posted August 12, 2016 Share Posted August 12, 2016 Either way, if it's true or not, Ra Ranjurs fans will be rubbing their hands with glee at the thought of a team going under, unless it's Killie as they see them as the only ones who didn't 'try to f**k them over'. Their vengeance will be boiling over to the point of fever pitch. Saying that, it would be funny if it was them again although they'd come up with some pish excuse to say they're still the same club. Rangers then, The Rangers tomorrow, another Rangers in two weeks blah blah blah... "The big house must become a Tescos". Ha ha. Link to comment Share on other sites More sharing options...
TheScarf Posted August 12, 2016 Share Posted August 12, 2016 I have no doubt whatsoever this story was written by a Rangers-supporting Record sports writer. They're absolutely fucking desperate for someone to go to the wall to give it the 'told you so'. Link to comment Share on other sites More sharing options...
CityDave Posted August 12, 2016 Share Posted August 12, 2016 Encouraging that in the course of four years its gone from six clubs will go bust to just one. Its all bullshit anyway but funny how the blue bigot sympathy brigade still churn out this pish as if the new Rangers have the same form of the relevance as the old one before it died. If any club's survival depends on having to play Rangers each season then their finances have to be in a mess to start with and probably deserve to go into administration. But at least here that club would have the supporters to bail them out, unlike the blue bigot fans for all their strength in numbers did nothing and allowed their club to die. Link to comment Share on other sites More sharing options...
Sherrif John Bunnell Posted August 12, 2016 Share Posted August 12, 2016 It could be Ross County "Ross County are debt-free for the first time in 22 years" https://www.pressandjournal.co.uk/fp/sport/football/ross-county/998602/debt-free-county-in-control/ Link to comment Share on other sites More sharing options...
Nizzy Posted August 12, 2016 Share Posted August 12, 2016 Sounds like Bryan Jackson's trying to drum up a bit of business. Must have another overseas holiday to pay for. Link to comment Share on other sites More sharing options...
thisGRAEME Posted August 12, 2016 Share Posted August 12, 2016 13 minutes ago, Nizzy said: Sounds like Brian Jackson's trying to drum up a bit of business. Must have another overseas holiday to pay for. BRYAN JACKSON'S MOTHERWELL ARMY! Link to comment Share on other sites More sharing options...
Gibby82 Posted August 12, 2016 Share Posted August 12, 2016 Derek Rae's just tweeted that it's Dundee United. Link to comment Share on other sites More sharing options...
Cowden Cowboy Posted August 12, 2016 Share Posted August 12, 2016 Derek Rae's just tweeted that it's Dundee United. Here's me thinking they aren't in the Premiership Link to comment Share on other sites More sharing options...
Jacksgranda Posted August 12, 2016 Share Posted August 12, 2016 31 minutes ago, CityDave said: Encouraging that in the course of four years its gone from six clubs will go bust to just one. Its all bullshit anyway but funny how the blue bigot sympathy brigade still churn out this pish as if the new Rangers have the same form of the relevance as the old one before it died. If any club's survival depends on having to play Rangers each season then their finances have to be in a mess to start with and probably deserve to go into administration. But at least here that club would have the supporters to bail them out, unlike the blue bigot fans for all their strength in numbers did nothing and allowed their club to die. And it took 4 years, not 5 weeks... Link to comment Share on other sites More sharing options...
Cowden Cowboy Posted August 12, 2016 Share Posted August 12, 2016 Encouraging that in the course of four years its gone from six clubs will go bust to just one. Its all bullshit anyway but funny how the blue bigot sympathy brigade still churn out this pish as if the new Rangers have the same form of the relevance as the old one before it died. If any club's survival depends on having to play Rangers each season then their finances have to be in a mess to start with and probably deserve to go into administration. But at least here that club would have the supporters to bail them out, unlike the blue bigot fans for all their strength in numbers did nothing and allowed their club to die. The six clubs thing was resolved mainly by the bank involved writing off a large part of several clubs debts surely Link to comment Share on other sites More sharing options...
Jacksgranda Posted August 12, 2016 Share Posted August 12, 2016 1 minute ago, Cowden Cowboy said: The six clubs thing was resolved mainly by the bank involved writing off a large part of several clubs debts surely Bloody banks, helping their customers! Honestly! (Did the individuals/companies owed the money not write it off? Exchanged debt for shares?) Link to comment Share on other sites More sharing options...
Dons_1988 Posted August 12, 2016 Share Posted August 12, 2016 The six clubs thing was resolved mainly by the bank involved writing off a large part of several clubs debts surely The banks don't just write things off.In Aberdeenshire case we had a wealthy couple reach a negotiation with the bank to pay off a portion of the debt and write off a portion.However, we still owe the bank a % of any future transfer fees also. Link to comment Share on other sites More sharing options...
lubo_blaha Posted August 12, 2016 Share Posted August 12, 2016 Scottish football can't afford to let any more holding companies die imo. Link to comment Share on other sites More sharing options...
Cowden Cowboy Posted August 12, 2016 Share Posted August 12, 2016 The banks don't just write things off.In Aberdeenshire case we had a wealthy couple reach a negotiation with the bank to pay off a portion of the debt and write off a portion.However, we still owe the bank a % of any future transfer fees also. So the bank did write off some of your debt and contrary to your belief banks do indeed sometimes just write things off Link to comment Share on other sites More sharing options...
CityDave Posted August 12, 2016 Share Posted August 12, 2016 Just now, Cowden Cowboy said: The six clubs thing was resolved mainly by the bank involved writing off a large part of several clubs debts surely That sentence was about what gets hurled around by the scaremongers in the media. Link to comment Share on other sites More sharing options...
Dons_1988 Posted August 12, 2016 Share Posted August 12, 2016 So the bank did write off some of your debt and contrary to your belief banks do indeed sometimes just write things off My point was that it's a negotiation on the premise the bank will still receive future funds.They don't merely write debt off out of good nature. Link to comment Share on other sites More sharing options...
Rugster Posted August 12, 2016 Share Posted August 12, 2016 28 minutes ago, Gibby82 said: Derek Rae's just tweeted that it's Dundee United. I might be being wooshed here, but he hasn't - or if he did, he's deleted it. Link to comment Share on other sites More sharing options...
Jimbo Jagsfan Posted August 12, 2016 Share Posted August 12, 2016 Something OLD, something NEW, something over-extended at the bank, something BLUE. Hopefully. Link to comment Share on other sites More sharing options...
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