From The Mail’s article. “Rangers set to net an additional £5m – The Scottish Football Monitor

From The Mail’s article. “Rangers set to net an additional £5m …

Comment on Time for Scots Government to Take Bull by the Horns by Homunculus.

From The Mail’s article.

“Rangers set to net an additional £5m a year via a huge increase in shirt sales”

Net income of £5m on shirt sales alone seems a tad optimistic to me. If they were making £10 a shirt, after VAT and corporation tax that would mean selling 500,000 shirts.

I don’t have any particular knowledge in the area but I just don’t see them having 500,000 supporters Worldwide who would all want to buy a strip.

That’s ignoring the fact that they are currently selling last years shirts at £20 a pop apparently. 

Homunculus Also Commented

Time for Scots Government to Take Bull by the Horns
Congratulations to Aberdeen, I watched the game and it was a well deserved win.

It’s good to see Scotland still represented in both European competitions, long may it continue. 

Time for Scots Government to Take Bull by the Horns
Can I just say, good luck to Aberdeen tonight. 

The game is on Premier Sports if anyone is interested.

Time for Scots Government to Take Bull by the Horns
I have joined the SFSA and completed their survey.

At the very least it will hopefully give some indication of the strength of feeling people have.

Recent Comments by Homunculus

To Comply or not to Comply ?
JULY 16, 2018 at 22:16

I think there is sometimes a perception of the infallible lawyer, where they never get anything wrong and always see through these things.

I think its probably worth considering two things.

1, This contract will be under English law and Ashley will have a team of experts in the field. Would Rangers have done the same. 

2, Ticketus believed that Scots law was the same as English and that their rights to tickets they had paid for survived an insolvency event. Until the Court of Session disabused them of this notion.

It is entirely possible that it was not just a case of Rangers being desperate, its also entirely possible that their advisers made an arris of it as well. 

To Comply or not to Comply ?
JULY 16, 2018 at 20:15

I couldn’t agree more.

All I was really saying was that they may not have had much in the way of options at the time. Their much publicised deal was not just economically crippling it was also terrible PR.

King need the “win” against Ashley to keep the support onside. Hence him not mentioning the £3m and this deal presumably. It was lauded as King giving Ashley a bloody nose. Presumably the zero hours contract master just sat back and thought fine, tell them what you want, so long as they start buying the shirts, they’ll find out soon enough. 

I think this deal shows just how bad things were / are if this is considered better.

To Comply or not to Comply ?
The old SDI agreement with Rangers had a 7 year notice period, which they would have been desperate to get out of.

The £3m to Ashley plus this “first refusal” deal may have been their only way out of it. The logic being that if they are matching JD Sports, or someone else then we will be getting at least a decent arrangement.

It’s the splitting the deal up business which is very strange, and indeed the bit they seem to be arguing over. Without that, whilst not ideal its probably much better than what they had previously. 

To Comply or not to Comply ?
It is worth bearing in mind that administration is normally used (at least by football clubs) as a form of self-defence.

A creditor doesn’t get paid, they move for winding up, the company places itself into administration. A company cannot be wound up if it is administration.

There is of course voluntary administration, but that is really just saying “we are fecked financially, can someone sort it out please”.

In either case, as I understand it, the directors hand over control to an insolvency practitioner. 

To Comply or not to Comply ?
JULY 10, 2018 at 23:02

The right to freedom of expression is not absolute, it must take into account the needs of the entire population.

If someone said they wanted to have a rally in Glasgow Green in which they would proclaim their hatred for {insert minority group here} and would want the Police to be there to ensure their right to express their hatred was respected, do you think it would be allowed.

Or would that depend on who the minority group was.

The right to freedom of expression is not absolute, certainly not in this country.

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