Thorongil Posted November 13, 2021 Share Posted November 13, 2021 Why are they being allowed to continue playing in the Scottish leagues? £100m of losses in their 9 year existence is beyond the pale. It’s against any spirit of financial fair play certainly but surely a club trading in such a way must be breaking some SFA or league rules? and this after they were handed a licence after oldco’s insolvency. How is it that this state of affairs is accepted? 2 Quote Link to comment Share on other sites More sharing options...
bennett Posted November 13, 2021 Share Posted November 13, 2021 4 Quote Link to comment Share on other sites More sharing options...
coprolite Posted November 13, 2021 Share Posted November 13, 2021 59 minutes ago, Thorongil said: Why are they being allowed to continue playing in the Scottish leagues? £100m of losses in their 9 year existence is beyond the pale. It’s against any spirit of financial fair play certainly but surely a club trading in such a way must be breaking some SFA or league rules? and this after they were handed a licence after oldco’s insolvency. How is it that this state of affairs is accepted? Not all losses count for FFP rules and you're allowed to average about 10m Euros a season, (previously 15m) if the losses are underwritten. 0 Quote Link to comment Share on other sites More sharing options...
Thorongil Posted November 13, 2021 Author Share Posted November 13, 2021 6 minutes ago, coprolite said: Not all losses count for FFP rules and you're allowed to average about 10m Euros a season, (previously 15m) if the losses are underwritten. So are they allowed to just keep losing money forever until they go bust again under league and association rules? 0 Quote Link to comment Share on other sites More sharing options...
G51 Posted November 13, 2021 Share Posted November 13, 2021 Dictating that football clubs must make a profit in order to justify their continued participation in sporting events is just about the most capitalist argument I’ve ever heard someone make, congratulations. 0 Quote Link to comment Share on other sites More sharing options...
coprolite Posted November 13, 2021 Share Posted November 13, 2021 9 minutes ago, Thorongil said: So are they allowed to just keep losing money forever until they go bust again under league and association rules? Yep. New rules coming in (don't know of definite) tie player salaries to turnover and don't even try to limit losses. The penalties payable could even increase losses. Don't you want them to go bust again? 2 Quote Link to comment Share on other sites More sharing options...
Thorongil Posted November 13, 2021 Author Share Posted November 13, 2021 Just now, coprolite said: Yep. New rules coming in (don't know of definite) tie player salaries to turnover and don't even try to limit losses. The penalties payable could even increase losses. Don't you want them to go bust again? I certainly do. But to accelerate this I want them kicked out of the league. Today. 2 Quote Link to comment Share on other sites More sharing options...
Orbix Posted November 13, 2021 Share Posted November 13, 2021 3 minutes ago, coprolite said: Yep. New rules coming in (don't know of definite) tie player salaries to turnover and don't even try to limit losses. The penalties payable could even increase losses. Don't you want them to go bust again? Rangers have got a 1st team squad to revenue ratio of 50%, total staff to revenue of 70% in non-COVID affected years, why would you want them punished for fiscal responsibility? 0 Quote Link to comment Share on other sites More sharing options...
Leith Green Posted November 13, 2021 Share Posted November 13, 2021 3 minutes ago, Thorongil said: I certainly do. But to accelerate this I want them kicked out of the league. Today. Thats all very well, but would require the rules, and history, to be rewritten. I am not a fan of how they go about their business, but until they actually breach a rule which all clubs have accepted, you cant go around pissing in your pants about their "overspend". 2 Quote Link to comment Share on other sites More sharing options...
AJF Posted November 13, 2021 Share Posted November 13, 2021 Could’ve asked this in the Rangers thread. File under: attention seeking. 2 Quote Link to comment Share on other sites More sharing options...
Kyle Reese Posted November 13, 2021 Share Posted November 13, 2021 (edited) 1 hour ago, Thorongil said: Why are they being allowed to continue playing in the Scottish leagues? £100m of losses in their 9 year existence is beyond the pale. It’s against any spirit of financial fair play certainly but surely a club trading in such a way must be breaking some SFA or league rules? and this after they were handed a licence after oldco’s insolvency. How is it that this state of affairs is accepted? As long as someone is covering the losses, it’s within the rules, I suppose. Win the league this season and they suddenly have at least £30m in their sky rocket, probably riding to £60m when second place doesn’t get through the CL qualifiers. High stakes. My preference would be for neither OF side pocketing that sort of cash. If Hearts were to somehow find miraculous form and pinch it (highly improbable - know), it would change Scottish Football for most of our lifetimes. Edited November 13, 2021 by Kyle Reese 1 Quote Link to comment Share on other sites More sharing options...
Ric Posted November 13, 2021 Share Posted November 13, 2021 OP, there is an Old Firm forum section for exactly this sort of shite. 5 Quote Link to comment Share on other sites More sharing options...
Sortmeout Posted November 13, 2021 Share Posted November 13, 2021 46 minutes ago, Thorongil said: So are they allowed to just keep losing money forever until they go bust again under league and association rules? Exactly. Be patient my friend. 1 Quote Link to comment Share on other sites More sharing options...
ropy Posted November 13, 2021 Share Posted November 13, 2021 36 minutes ago, coprolite said: Yep. New rules coming in (don't know of definite) tie player salaries to turnover and don't even try to limit losses. The penalties payable could even increase losses. Don't you want them to go bust again? Penalty to Rangers? 11 Quote Link to comment Share on other sites More sharing options...
Thorongil Posted November 13, 2021 Author Share Posted November 13, 2021 (edited) 28 minutes ago, AJF said: Could’ve asked this in the Rangers thread. File under: attention seeking. Aw naw, one of these forum polis/gatekeepers. So tedious. Edited November 13, 2021 by Thorongil 1 Quote Link to comment Share on other sites More sharing options...
Sergeant Wilson Posted November 13, 2021 Share Posted November 13, 2021 36 minutes ago, Orbix said: Rangers have got a 1st team squad to revenue ratio of 50%, total staff to revenue of 70% in non-COVID affected years, why would you want them punished for fiscal responsibility? Because I hate them. 11 Quote Link to comment Share on other sites More sharing options...
Thorongil Posted November 13, 2021 Author Share Posted November 13, 2021 18 minutes ago, Ric said: OP, there is an Old Firm forum section for exactly this sort of shite. It’s every club in Scotland they are cheating. Consider yourself marked down for gatekeeping. 0 Quote Link to comment Share on other sites More sharing options...
Kyle Reese Posted November 13, 2021 Share Posted November 13, 2021 2 minutes ago, Thorongil said: It’s every club in Scotland they are cheating. Consider yourself marked down for gatekeeping. The alternative, of your club winning everything each year, is no more palatable for most other supporters. The idea that supporters of the other ten clubs are somehow going to feel sympathy for Celtic is pretty naive. You couldn’t give a toss about Sevco cheating anyone out of anything. You are just worried that they’ll pocket the potential £60m and pull away from Celtic. c***s aren’t stupid. 1 Quote Link to comment Share on other sites More sharing options...
Kyle Reese Posted November 13, 2021 Share Posted November 13, 2021 44 minutes ago, Orbix said: Rangers have got a 1st team squad to revenue ratio of 50%, total staff to revenue of 70% in non-COVID affected years, why would you want them punished for fiscal responsibility? Genuine question. If this is true, then what is responsible for the tens of millions in losses? 1 Quote Link to comment Share on other sites More sharing options...
Thorongil Posted November 13, 2021 Author Share Posted November 13, 2021 7 minutes ago, Kyle Reese said: The alternative, of your club winning everything each year, is no more palatable for most other supporters. The idea that supporters of the other ten clubs are somehow going to feel sympathy for Celtic is pretty naive. You couldn’t give a toss about Sevco cheating anyone out of anything. You are just worried that they’ll pocket the potential £60m and pull away from Celtic. c***s aren’t stupid. I’m not that parochial. I don’t really care who wins what in Scotland anymore. It’s pointless whether Celtic or Sevco win trophies. 0 Quote Link to comment Share on other sites More sharing options...
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