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    Comment on In Whose Interests by Bogs Dollox.

    Some time ago I took on the onerous task of having my ears assaulted by SuperscrotesBoard on Clyde 1.

    This was because nobody else on here actually listened to it except J. Clark Esq who listens to everything that is going on in Scotchlandshire be it on the radio, in the courts or in the shareholders shenanigans.

    But be that as it is my underlying and solemn promise was to report back to the Bams with any juicy titbits that I may have gleaned from ClydeScroteBoard.

    Well tonight I heard Shug Keevins talk about a Rangers player called Murray Loss. I thought to mysef – well Shug code it as you must but it is received and understood. Nice one. He said it again. And I thought he had actually grown a pair.

    Third time though after the break he had been corrected and he pronounced the name with the Spanish "th" on the end.

    Otherwise the show was a great big suck up to the Old Firm and at times I thought I would vomit.

    However, I did learn from Craig Beattie that as an angry young player at Hibs Scott Brown once stood on Neil Lennons foot.

    Bogs Dollox Also Commented

    In Whose Interests
    Timtim 1st November 2019 at 11:21

    I think there would be serious issues for Directors of RIFC if they knew  the accounts would not be signed off yet were arranging for club 1872 to invest 500k , it really depends how desperate they are or if they believe they could spin their way out of it .

    ++++++++++++++++++++++++++++++++++++++++++

    I agree that there could be serious issues but I doubt they are the type where spin would get you out of it.

    In the same vein there must be the same question mark over the reliability of the half year to Dec 2018 numbers if the full year results produce substantial losses.

    An investor could have seen the reported half year profit and the upbeat message for the full year and thought: "you know what I'm going to get on the blower to that matched bargains geezer and see if I can't scoop up some shares in the holding company of the engine room subsidiary". Imagine his disappointment when the results for the full year are released!


    In Whose Interests
    upthehoops30th October 2019 at 10:06

    John Clark 30th October 2019 at 09:12

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    At times Sportsound might as well be recorded in a Rangers supporters club. I no longer listen. 

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    If you think that's bad spare a thought for the Superscoreboard listeners on Clyde 1. It's gone completely downhill ever since Big Deek Johnstone "retired".

     


    In Whose Interests
    Timtim29th October 2019 at 15:29

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    There are three factors that will be troubling the Auditors:

    Continued substantial losses

    An established liability to SD believed to be around £8m

    Future committments to pay transfer and loan fees

    The Auditors would need to convince themselves that the company is a viable going concern for 12 months after the balance sheet date and will have to consider cashflow analysis.

    If there are guarantees from Directors or others that they will provide funds to enable the company to continue trading none of the above issues would result in the accounts being qualified.

    If given the guarantees will need to be verifiable by the Auditors and not accepted on a nod and a wink given the precarious state of the company and what might happen next.

    That I believe is the difficulty. Hence the scramble for 1872 cash.


    Recent Comments by Bogs Dollox

    Tangled Up In Blue by Stephen O’Donnell (Book Review)
    bordersdon 5th September 2019 at 13:23

    ———————————————————————

    You are deluding yourself I'm afraid DB if you think there will be an insolvency event.

    ++++++++++++++++++++++++++++++++++++++++++++++++++++

    Thanks for that but I'm not delusional. The numbers speak for themselves. It's only a matter of time.

    Whether its caused by the Sports Direct claim or not making the Europa group stages one year it will happen. All they are doing is kicking the can down the road.


    Tangled Up In Blue by Stephen O’Donnell (Book Review)
    To my mind its not a matter of where the money come from.

    Its more a question of why pay that for a 22 year old with no proven track record?

    Of course I seriously doubt he cost anything like £7m. The upfront payment will be out of the Euro money. The other instalments won't need to be paid because if he performs with his feet and not his fists he could be sold into the over inflated English market to a Championship team but only if that happens before the inevitable insolvency event.


    Tangled Up In Blue by Stephen O’Donnell (Book Review)
    Sorry to bang on about this.

    But there is no way the Williams XI did not disgrace themselves in Denmark.


    Tangled Up In Blue by Stephen O’Donnell (Book Review)
    Homunculus 30th August 2019 at 12:12

    The third charges story is not true.

    https://www.dailyrecord.co.uk/sport/football/football-news/correction-daily-record-story-published-19037479.amp?__twitter_impression=true

    +++++++++++++++++++++++++++++++++++++

    One has to ask onesself why it's not true. I find it hard to believe they went a full 90 minutes without singing their old favourites.

    I see the Record have binned the freelance reporter who created the false article. This is new for the DR. In the past they would have signed creatives like him up on the spot. If their new policy is to terminate untruthful reporters then the sports desk is going to be a mighty lonely place to be.


    Tangled Up In Blue by Stephen O’Donnell (Book Review)
    bordersdon20th August 2019 at 12:12
    ======================Some reasonable points made especially the one about Sevco looking a lot better on the pitch.
    However, with the budget stretched to breaking point already you haven't figured in the Sports Direct compo claim. It could be hefty or manageable if SD agree to spread it against a new merchandise deal but I sense this might be personal for Ashley and he will turn the screw.