Jump to content

Coronavirus and the Scottish Championship


Recommended Posts

23 minutes ago, Shadow Play said:

 

 

Danger is having a nightmare here - again.

He regularly brings up the fact Dundee have been in administration twice as some sort of point scoring, yet tries to make out it wouldn’t bother him if Dundee faced financial difficulties.

You really can’t make it up with him.

You’re thicker than Weeper.  That’s some achievement.

Link to comment
Share on other sites

4 hours ago, Granny Danger said:

The Dundee insurance argument is puerile.  If they’re covered they’re covered, if they’re not they’re not.  We will find out eventually.

 

 

1 hour ago, Granny Danger said:

You’re thicker than Weeper.  That’s some achievement.

Speaking of puerile.

Link to comment
Share on other sites

John Nelms, again, confirming we have insurance:

https://www.thecourier.co.uk/fp/sport/football/dundee-fc/1303627/john-nelms-coronavirus-dundee-survival/

Also admits he had the whole of Scottish football on strings for a laugh: 'We are still trying to entertain in whatever small way we can when people are stuck at home.'

Edited by Speroni*1
Link to comment
Share on other sites

Quote

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 and Tom English.

Link to comment
Share on other sites

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 and Tom English.

Doncaster actually came across very well on Sportsound.

Tom English as per usual did not.
Link to comment
Share on other sites

36 minutes ago, DA Baracus said:

Think they need to start discussions about the possibility of not playing next season and starting again in 21/22.

If we didn’t play any football in the 20/21 season we can’t use average points per game as every club would be equal and it would appear all seasons must come to an end with champions and relegation being decided .  Only fair way would be to use alphabetical order to decide champions and the relegated team for that season.  

Everyone quite likes Alloa, so quite happy to see them champions.  It would also mean Raith Rovers would head straight back down, so quite an accurate way of doing it for relegation.  Arguably more accurate than this season 😮

Link to comment
Share on other sites

33 minutes ago, D'Jaffo said:

SPFL dishing out telts to Ann Budge and Tom English.

Doncaster actually came across very well on Sportsound.

Tom English as per usual did not.

It certainly helped having a conversation where Richard Gordon was the only other person allowed to speak. What is he trying to hide that the other panelist’s can’t ask questions? English knows more about this than he’s letting on and isn’t letting it drop 

Link to comment
Share on other sites

Just now, AyrExile said:

It certainly helped having a conversation where Richard Gordon was the only other person allowed to speak. What is he trying to hide that the other panelist’s can’t ask questions? English knows more about this than he’s letting on and isn’t letting it drop 

I'm no Neil Doncaster fan, but who would want to go onto that show and have 4 or 5 arguing against you with ridiculous view points? What chance would anyone have in that scenario? Tom English could've taken the reigns on the interview, but didn't.

If he knows more about this than he's letting on then he's not doing his job as a journalist properly and has a vested interest and as such shouldn't even be on the show. As it is though, he's just shown himself up as a blethering arsehole that's suckling the Budge teet for 'exclusives'.

Link to comment
Share on other sites

8 minutes ago, Speroni*1 said:

I'm no Neil Doncaster fan, but who would want to go onto that show and have 4 or 5 arguing against you with ridiculous view points? What chance would anyone have in that scenario? Tom English could've taken the reigns on the interview, but didn't.

If he knows more about this than he's letting on then he's not doing his job as a journalist properly and has a vested interest and as such shouldn't even be on the show. As it is though, he's just shown himself up as a blethering arsehole that's suckling the Budge teet for 'exclusives'.

Managers and chairmen do it all the time so why not him? Seems an articulate guy so If the arguements are weak then surely he can bat them all away? Considering all the mistakes that are appearing on a weekly basis from the league I can’t believe you’re expecting a journalist to be accountable but Doncaster less so 

Link to comment
Share on other sites

6 minutes ago, AyrExile said:

Managers and chairmen do it all the time so why not him? Seems an articulate guy so If the arguements are weak then surely he can bat them all away? Considering all the mistakes that are appearing on a weekly basis from the league I can’t believe you’re expecting a journalist to be accountable but Doncaster less so 

I think he has been accountable by coming on and answering all the questions they wanted asked tbh.

Link to comment
Share on other sites

Doncaster came across as having made his mind up weeks ago that his was the only way to go and no one should dare stand against him, or else. I personally can't see where allegations of bullying could come from.

Link to comment
Share on other sites

Does anyone know when this reconstruction discussion is going to be wrapped up/voted on?

Wouldn’t expect anytime soon.

Cameron has said that Les Grey is still collating all the proposals and they’ve yet to have an actual discussion on what ones could work.
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...