To Comply or not to Comply ?

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128472

UEFA Club Licensing. – To Comply or not to Comply ?

On 16 April 2018 The UEFA Club Financial Control Body (CFCB) adjudicatory chamber took decisions in the cases of four clubs that had been referred to it by the CFCB chief investigator, concerning the non-fulfilment of the club licensing criteria defined in the UEFA Club Licensing and Financial Fair Play Regulations.

Such criteria must be complied with by the clubs in order to be granted the licence required to enter the UEFA club competitions.

The cases of two clubs::

Olympique des Alpes SA (Sion Switzerland )

and

FC Irtysh  (Kazakhstan) 

are of particular interest to those following the events under which the SFA awarded a UEFA License to Rangers FC in 2011 currently under investigation by the SFA Compliance Officer because

  1. The case documentation tell us how UEFA wish national associations to apply UEFA FFP rules
  2. The cases  tell us what might have happened to Rangers  FC in 2012 had they not gone into liquidation and as a consequence avoided the same type of sanctions that UEFA applied to Sion and Irtysh.

 

FC Sion  (Olympique des Alpes SA)

Here we are told how the Swiss FL and then the UEFA CFCB acted in respect of FC Sion in 2017 where a misleading statement was made in the Sion UEFA licensing application.

Full details can be read at

http://tiny.cc/y6sxsy

 

but this is a summary.

In April 2017 the Swiss FL (SFL) granted a licence to Sion FC but indicated that a Disciplinary case was pending.

In July 2017 the CFCB, as part of their licence auditing programme,  carried out a compliance audit on 3 clubs to determine if licences had been properly awarded. Sion was one of those clubs.

The subsequent audit by Deloitte LLP discovered Sion had an overdue payable on a player, amounting to €950,000, owed to another football club (FC Sochaux ) at 31st March 2017 as a result of a transfer undertaken by Sion before 31st December 2016, although the €950,000 was paid in early June 2017.

Deloitte produced a draft report of their findings that was passed to SFL and Sion for comment on factual accuracy and comment on the findings. Sion responded quickly enabling Deloitte to present a final report to the CFCB Investigation Unit. In response to the Deloitte final report Sion stated:

“il apparaît aujourd’hui qu’il existait bel et bien un engagement impayé découlant d’une activité de transfert. Ce point est admis” translated as

“it now appears that there was indeed an outstanding commitment arising from transfer activity. This is admitted”

What emerged as the investigation proceeded was that the Swiss FL Licensing Committee, after granting the license in April and as a result of a Sochaux complaint of non-payment to FIFA, had reason to refer Sion’s application to their Disciplinary Commission in May 2017 with regard to the submission of potentially misleading information by FC Sion to the SFL on 7th April 2017 as part of its licensing documentation.

Sion had declared

“Written confirmation: no overdue payables arising from transfer activities”, signed by the Club’s president, stating that as at 31 March 2017 there were no overdue payables towards other football clubs. In particular, the Club indicated that the case between FC Sion and FC Sochaux regarding the transfer of the player Ishmael Yartey was still under dispute.

The SFL Disciplinary Commission came to the conclusion that FC Sion had no intention to mislead the SFL, but indeed submitted some incorrect licensing documentation; the SFL Disciplinary Commission further confirmed that the total amount of €950,000 had been paid by the Club to FC Sochaux on 7 June 2017. Because of the inaccurate information submitted, the SFL Disciplinary Commission decided to impose a fine of CHF 8,000 on the Club.

Whilst this satisfied the SFL Disciplinary process the CFCB deemed it not enough to justify the granting of the licence as UEFA intended their FFP rules to be applied.

Sion provided the CFCB with a number of reasons on the basis of which no sanction should be imposed. In particular, the Club admitted that there was an overdue payable as at 31 March 2017, but stated that the mistake in the document dated 7 April 2017 was the result of a misinterpretation by the club’s responsible person for dealing with the licence (the “Club’s licence manager”), who is not a lawyer. The Club affirmed that it never had the intention to conceal the information and had provisioned the amount due for payment and that, in any case, it has already been sanctioned by the SFL for providing the wrong information.

The CFCB Investigation Unit accepted that the Sion application, although inaccurate, was a one off misrepresentation and not a forgery, (as in intended to deceive ) but that nevertheless an overdue payable did exist at 31st March and a licence should not have been granted.

Based on their findings, the CFCB Chief Investigator decided to refer the case to the CFCB Adjudicatory Chamber and suggested a disciplinary measure to be imposed on FC Sion by the CFCB Adjudicatory Chamber, such measure consisting of a fine of €235,000, corresponding to the UEFA Revenues the Club gained by participating in the 2017/2018 UEFA Europa League.

The CFCB Investigatory Chamber submitted that it was  appropriate to impose a fine corresponding to all the UEFA revenues the Club gained by participating in the competition considering the fact that FC Sion should not have been admitted to the competition for failing to meet one of its admission criteria.

 

The Adjudicatory Chambers took all the circumstances (see paras 91 to 120 at http://tiny.cc/i8sxsy ) into consideration and reached the following key decisions.

  1. FC Sion failed to satisfy the requirements of Article 49(1) of the CL&FFP Regulations and it obtained the licence issued by the SFL not in accordance with the CL&FFP Regulations.
  2. FC Sion breached Articles 13(1) and 43(1)(i) of the CL&FFP Regulations. (Documents complete and correct)
  3. To exclude FC Sion from participating in the next UEFA club competition for which it would otherwise qualify in the next two (2) seasons (i.e. the 2018/19 and 2019/20).
  4. To impose a fine of two hundred and thirty five thousand Euros (€235,000) on FC Sion.
  5. FC Sion is to pay three thousand Euros (€3,000) towards the costs of these proceedings.

Comment in respect of the award of a UEFA Licence in 2011 to Rangers FC.

It is now public knowledge that an actual liability of tax due before 31stDecember 2010 towards HMRC, was admitted by Rangers FC before 31st March 2011.

This liability was described as “potential” in Rangers Interim accounts audited by Grant Thornton.

“Note 1: The exceptional item reflects a provision for a potential tax liability in relation to a Discounted Option Scheme associated with player contributions between 1999 and 2003. A provision for interest of £0.9m has also been included within the interest charge.”

The English Oxford Dictionary definition of potential is:

Having or showing the capacity to develop into something in the future.

Which was not true as the liability had already been “developed” so could not be potential.

This was repeated by Chairman Alistair Johnson in his covering Interim Accounts statement

“The exceptional item reflects a provision for a potential tax liability in relation to a Discounted Option Scheme associated with player contributions between 1999 and 2003. “  where he also added

“Discussions are continuing with HMRC to establish a resolution to the assessments raised.”

This could be taken as disputing the liability but In fact the resolution to the assessments raised would have been payment of the actual liability, something that never happened.

In the Sion case it was accepted the misleading statement was a one off misrepresentation, but at the monitoring stages at June 2011 in Ranger’s case the status of the liability continued to be misrepresented and in September the continuing discussions reason was repeated, along with a claim of an instalment paid whose veracity is highly questionable.

The Swiss FL Licensing Committee did at least refer the case to their Disciplinary Committee when they realised a misleading statement might have been made. The SFA however in August 2011, when Sherriff Officers called at Ibrox for payment of the overdue tax , did no such thing and pulled up the drawbridge for six years, one that the Compliance Officer is now finally charged with lowering.

 


 

The case of FC Irtysh of Kazakhstan is set out in full at http://tiny.cc/y9sxsy  and is a bit more straightforward but is nevertheless useful to compare with events in 2011 in Scotland.

Unlike Rangers FC , FC Irtysh properly disclosed that they had an overdue payable to the Kazakhstan tax authorities at the monitoring point at 30th June 2017. This caused the CFCB Investigatory Unit to seek further information with regard to the position at 31st March

It transpired that Irtysh had declared an overdue payable at 31st March but cited their financial position (awaiting sponsor money) as a reason for non payment to the Kazakhstan FA who accepted it and granted the licence. The outstanding tax was paid in September 2107.

The outcome of the CFCB Investigation was a case put to the CFCB Adjudicatory Chamber  who agreed with the CFCB Investigation Unit that a licence should not have been granted and recommended that Irtysh be fined the equivalent of the UEFA prize money, (that had been withheld in any case whilst CFCB investigated.)

The CFCB Adjudicatory Chamber however decided that a fine was not sufficient in sporting deterrent terms and ruled that:

 

  1.  FC Irtysh failed to satisfy the requirements of Article 50bis(1) of the CL&FFP Regulations and it obtained the licence issued by the FFK not in accordance with the CL&FFP Regulations.
  2. To withhold four hundred and forty thousand Euros (€440,000) corresponding to the UEFA revenues FC Irtysh gained by participating in the 2017/2018 UEFA Europa League.
  3. To exclude FC Irtysh from participating in the next UEFA club competition for which it would otherwise qualify in the next three (3) seasons (i.e. the 2018/19, 2019/20 and 2020/21 seasons). This sanction is deferred for a probationary period of (3) three years. This exclusion must be enforced in case the Club participates again in a UEFA club competition having not fulfilled the licence criteria required to obtain the UEFA licence in accordance with the CL&FFP Regulations.
  4. FC Irtysh is to pay three thousand Euros (€3,000) towards the costs of these proceedings. “

 

The deferral was because unlike Rangers FC,  FC Irtysh had properly disclosed to the licensor the correct & accurate financial information required, so the exclusion was deferred for a probationary period of (3) years.

 

Comment in respect of the award of a UEFA Licence in 2011 to Rangers FC.

From the foregoing it could be deduced that had Rangers FC qualified for the Champions League (or European League) and not gone bust as a result and so not entered liquidation BUT it became public knowledge by 2012 that a licence had been wrongly and possibly fraudulently granted then

  1. Rangers would have been fined the equivalent of their earnings from their participation in the UEFA competitions in 2011
  2. At least a two year ban from UEFA Competitions would have been imposed, but more likely three in view of repeated incorrect statements.
  3. The consequences of both would have been as damaging for Rangers survival as the real life consequences of losing to Malmo and Maribor in the qualifying rounds of the Champions and European Leagues.

Karma eh!

Interestingly in the UEFA COMPLIANCE AND INVESTIGATION ACTIVITY REPORT 2015 – 2017 , the CFCB investigatory chamber recommended that both the Kazakhstan FA and Swiss FA as licensors

“pay particular attention to the adequate disclosure of the outstanding amounts payable towards other football clubs, in respect of employees and towards social/tax authorities, which must be disclosed separately;

Would the same recommendation apply to the Scottish FA with regard to their performance in 2011 and will the  SFA responses thereafter to shareholders in a member club be examined for compliance with best governance practice by the SFA Compliance Officer investigating the processing of the UEFA Licence in 2011?

This would be a welcome step in fully restoring trust in the SFA.

7185 COMMENTS


  1. Lawman
    []
    When your picture is posted on social media along with indications of whereabouts by folk proclaiming themselves bheast hunters or where you work etc you know for a fact that intimidation is part of the mindset.
    Not opinion. Fact.
    A mindset knows no boundaries, it is where behaviour dysfunctional or otherwise is conceived.
    Own the problem.

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  2. The article below is from 2012 and doesn’t directly relate to the Deloittes threats, but is relevant nonetheless.

    https://www.channel4.com/news/by/alex-thomson/blogs/threats-silence-intimidation-rangers-fans
    Alex Thomson12 Oct 2012

    Threats and silence: the intimidation by Rangers fans

    As I’ve said before my interest in Rangers stems purely from the standpoint of it being a spectacular example of a corporate omnishambles: British mismanagement so profound and bewildering it veers between performance art and social car-crash. With the loyal Rangers fans left mugged in the middle.

    It’s still happening. Past mismanagement matched by the odious behaviour of a no-doubt small minority of Rangers fans apparently hellbent on proving the new Rangers will be like the old.

    An element of the Rangers customer base remains out of order and neither Rangers, nor Scotland’s football authorities, nor the police appear willing or able to do much about it.

    I’m talking intimidation.

    Of the legal profession. Of football’s governing bodies. Of football club executives. Of publishing. Of bookshops. Of newspapers. Of TV stations.

    Tellingly, in Glasgow this will come as news to nobody. Which should tell anybody half awake how sick things are in this singular aspect of that great city.

    Outside Scotland people may legitimately wonder how or why this is tolerated? Or simply gawp in astonishment that such things go on almost daily this year.

    And it is arguably getting worse.

    Consider the following brief summary of just some of what’s happened in Glasgow since Rangers’ downfall began, not a year ago.

    THE LAWYERS

    In April a 3 man Scottish FA Tribunal dared punish Rangers for bringing the game into disrepute (so seriously it was deemed just short of match-fixing).

    Gary Allan QC, Raith Rovers director Eric Drysdale, and former commentator, Alastair Murning had their identities disclosed as well as private details with threats so serious the police advised all three on security measures.

    Their identities became public after the Rangers manager no less, Ally McCoist said: “Who are these people? I want to know who these people are.”

    The Scottish FA was left, not for the first time, wringing its corporate hands, saying: “We are deeply concerned that the safety and security of judicial panel members has been compromised by a wholly irresponsible betrayal of confidential information.”

    And: ” all three panel members have reported intrusion into their personal and work lives, including abusive and threatening communication”.

    Yet the manager of Rangers itself, a man steeped in the ways of Glasgow football, was instrumental in this chain of events, knowingly, or not.

    Hardly an episode of corporate social responsibility.

    It has continued. In the past few weeks Scottish Law Lord and former Supreme Court Judge Lord Nimmo-Smith actually had to put out a statement pleading for his independence to be recognised as he embarks on yet another investigation of the fallen club.

    Again – the sheer weirdness of this to outsiders, passes almost without comment in Glasgow.

    THE FOOTBALL AUTHORITIES

    Like anybody prepared to challenge or ask questions or charged with passing judgement on Rangers, both Scottish Football Association and Scottish Premier League directors have had a torrid time of it.

    In the case of SFA boss Stewart Regan, there were death threats.

    The SFA have said publicly this year that private details of SFA directors have been published online.

    The SFA Chief Executive Stewart Regan has said:

    ” At times, that does make you wonder whether it is going to impact on your family and your personal life.But it’s never once made me think about walking from the job.”

    Incredibly, to those outside the Clyde Cauldron, the SFA boss said he’d had to speak to Counter-Terrorism officers over the nature of the threats and the security response.

    Yes – Counter-Terrorism police officers.

    This revolting behaviour from a minority continues to spike in activity when those running the game are forced to take action to try and clear up the Ibrox mess.

    Nobody, but nobody, should have to put up with this in the course of doing their job. But in Glasgow football it is dangerously close to being accepted as part of the job.

    THE PUBLISHER

    There has been just one book published on the Rangers. As you’d expect it’s gone through several print runs in the few weeks it has been out. But for daring to print a factual account of the Ibrox meltdown, the publisher, Bob Smith of Frontline Noir speaks of having to deal with a catalogue of abuse.

    It had a potentially serious affect on customers and shops buying the book ‘Downfall’ he says:

    “There was definitely pressure applied and there were certainly some wobbles along the way from shops and customers. But we got through and in the end people were supportive.”

    Material was published online to identify where at least one person lived who worked on the production of ‘Downfall’.

    The abuse I received for simply writing the forward to this factual account of the Ibrox debacle was routine for me – for publishers unused to it, the experience was frightening.

    THE BOOKSELLERS

    Those outside Scotland will find this hard to credit, but several shops including major chains like Waterstones and WHS were unable to display the book openly in some shops because of reported threats and actual abuse of staff.

    For selling a work of non-fiction and journalistic enterprise!

    In at least one store copies were ripped up. In another Glasgow shop an angry individual wearing a Union Jack repeatedly entered the bookshop to scream at staff to send the offending tome back to the publishers.

    THE BROADCASTERS

    As I write a colleague at STV in Glasgow has received threats for successfully doing his job. This person wishes to keep a low profile on police advice and is constrained to say nothing at all about it.

    NUJ officials say currently around 25 journalists have been threatened recently for attempting to tell the truth about Rangers.

    Understandably most feel they cannot discuss it openly. As one told me in a Glasgow hotel this summer: “I’m not paid enough and I don’t feel I have bosses who’d back me up if it came to it.”

    Silence…hoping it will all go away…totally understandable when you live in Glasgow. But it isn’t going away, is it?

    THE FOOTBALL CLUB

    Enter Raith Rovers and their redoubtable chairman Turnbull Hutton. For Turnbull it was who was somewhat thrown into the limelight this summer as a champion of sporting integrity. As the SPL set about making itself a laughing stock in its tangled efforts to defy fairness, reason and morality to try and keep Rangers up in the Premier League, it was club chairmen like Mr Hutton who said no, Rangers must be treated like any other club.

    But why, exactly? Yesterday Turnbull Hutton told me: “We had to circle our wagons at Raith given what had been done to us by Rangers fans.”

    And he listed the endless abusive phone calls – some from Belfast – to Raith staff, theats, heavy-breathing, silent calls and so forth.

    The day Fife police passed on credible information from the Strathclyde force that two men has been paid to burn down Raith’s stadium is a day Mr Turnbull and Raith Rovers will remember.

    And all of it because that Raith man Eric Drysdale had dared sit on that SFA Tribunal and pass judgement and sanction upon Rangers’ gross mismanagement.

    After all that Raith and Turnbull Hutton would lead the charge to stop Rangers remaining anywhere near the SPL, whatever it took.

    The would-be intimidators didn’t tame Turnbull, their cowardice only making the club bide its time and help Rangers down into the fourth tier of Scottish football.

    THE NEWSPAPER

    It seems an entire newspaper can be got at, when it’s Glasgow and it’s Rangers.

    Recent weeks saw one of the more bizarre editorial u-turns of recent newspaper history in the UK when a Scottish Sun double-page splash promoting the author of ‘Downfall’ prior to serialising the book – suddenly became a non-serialisation.

    In a somewhat embarrassed editorial The Sun admitted to receiving a large number of complaints about promoting the book, from Rangers fans.

    The paper denied it was bowing to threats. Yet the publisher of the book says the threat of a Hillsborough-style boycott was real and instrumental.

    It’s widely known the threats were real, nasty and yet again Strathclyde police were involved.

    Many – including the book’s publisher – express real sympathy with The Scottish Sun’s dilemma. It editor and staff are known to have been shocked at the level and fury of complaints.

    The difficulty here is that, whatever the paper’s reasons, in the end the mob got their way. The serialisation of a fast-selling factual book on Rangers never happened.

    They couldn’t get Turnbull Hutton, Lord Nimmo-Smith, Eric Drysdale, STV and many, many more – but many believe they did get the Scottish Sun.

    That should give us all pause for thought. Is this the reason why not a single Scottish newspaper has reviewed a book selling way beyond its publisher’s estimates?

    What kind of power does the Ibrox mob have still, in today’s Scotland?

    So against all this catalogue of attempted (and mostly failed) intimidation, the new Rangers owner Charles Green must surely take a stand and trying to kick this poison out of Ibrox and some of its support for good?

    Already in his short ownership Mr Green’s referred to the football authorities as ‘the enemy’ at fans’ meeting on many occasions and he faced formal disciplinary action for saying other clubs were motivated by ‘bigotry’ towards Rangers.

    Mr Green must lead from the top because if he fails to do so what chance has anyone got to stop the moronic element at the bottom of the Rangers food chain from lashing out with threats against anyone who dares speak truth unto Ibrox?

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  3. What were the details of the threats to Ch4 News Alex Thomson? In his own words, he
    “received overt physical threats from a former Glasgow-bsed sports journalist…”
    I didn’t see any further detail published.
    Did the broadcaster not follow this up too for the safety of staff?

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  4.      Keep your eye on the ball chaps. 
       On another note, Sevco have launched some blistering ST sales drives over the years. OK they have been dressed up more than just a wee bit, but most clubs would be guilty of gilding the lily a bit within parameters. Advertising does work, or it wouldn’t be an industry. 
        To this end, there appears to be a whispering campaign surrounding Gerrard, that the inexperienced U18 coach wouldn’t be travelling north if he was not on a promise of a healthy war-chest.  
        Who actually believes this, when all Sevco have said, during this present sales drive, is a £6m share issue……I would suggest if there was any truth to it, it would not be a whisper, but a roof-top megaphone campaign of epic proportions. 
        Because lets face it……..They would have said by now.  Although I have zero hard facts to support this claim, other than my observations of spotty leopards, but the whispers are based on nothing more than Tiddles the cat.

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  5. Corrupt Official

    I agree.  I dont think he has been promised a war chest at all and  I have no faith he will be given anything serious to work with cause, well, eh, we dont have it to give him.  

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  6. BILLYDUG
    MAY 12, 2018 at 10:28
    =====================================

    I don’t think there has been any announcement, official or otherwise of a £6m share issue.

    If I remember correctly Dave King held an audience in which a select group of hackolytes were treated to his latest set of proclamations.

    In that he mentioned a shares issue and the possibility of that including cash of £6m, or maybe £8m, but there would be no new investors, it would come from existing shareholders / investors.

    He then exited stage south east and left them to paint this as the beginnings of a war chest to those who he hoped would fund the club again over the next few months. Cash flow is King when you have no money left in your bank account and no normal credit facility available to you. 

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  7. Corrupt Official

    I’m not so sure that the rumours of cash for Stevie G originated as part of any orchestrated whispering campaign. Anyone with an ounce of understanding would be forgiven for thinking that Gerrard would never saddle himself with such a financial handicap as his predecessors suffered, and that there must be something in the pipeline.

    Now it could well be that Rangers have encouraged those assumptions and started their own disinformation campaign centred on their plausibility – resulting in our sources confidently asserting inward investment of one kind or another, and King exiting the arena.

    It may also be that expectation management at Ibrox has moved up a rack or two, and that a pleasant surprise is on the way for the Bears, who are now in the situation where they doubt even the reported (and  inadequate) £6m will appear.

    It is frustrating to have to speak in riddles, but the latter explanation is still one we are being offered. Usual caveats of course, but I don’t think this story is over.

    It is often the problem with social media that it is instantaneous, and leaves little time for self reflection. If the £6m is the end of the matter, then that will be a major embarrassment for Rangers, and a major problem for the new manager.

    But that is too big an ‘If’ on which to draw a final conclusion.

    In order for the short term demands of Rangers fans to be met, there is only Plan A – a trophy investor, quintessentially Chinese or quintessentially British or otherwise. Someone who is happy to metaphorically trundle a barrow filled with cash to the £60m ‘max’ mark, and throw it on a bonfire.

    Failing that, years of building are required to get the club up to the levels of the old club (that is the honestly arrived at levels BEFORE Murray started driving his combine harvester through the rules and integrity of our game).

    In other words, Plan B is not a solution to those short term demands.

    However I wouldn’t be mocking just yet, because Plan A, however unlikely, may yet be possible.

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  8. On the Delloitte resignation letter may I, with respect, give a diddy team fan’s perspective?
    If my club received such a letter I would expect them to distance themselves from such behaviour and condemn the culprits REGARDLESS of who they supported.  In fact I consider it would be verging on the criminally negligent not to do so.  The fact that this crap sells season tickets, or at least that is taken as a given, has no part in football.
    Weasel wording in an attempt to apportion blame on to “them” rather than “us” is laughable. Grow up.

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  9. TRISIDIUM
    MAY 12, 2018 at 10:55
    ======================================

    You will forgive me if I happily mock what you describe as “Plan A”.

    “Plan A – a trophy investor, quintessentially Chinese or quintessentially British or otherwise. Someone who is happy to trundle a barrow filled wit cash to the £60m ‘max’ mark, and throw it on a bonfire.”

    It is unadulterated tosh.

    Perhaps Homunculus 🙂 ,
    But that is most definitely the bones of Plan A. Has been for three years.
    T

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  10. TRISIDIUMMAY 12, 2018 at 10:55
    Corrupt Official
    I’m not so sure that the rumours of cash for Stevie G originated as part of any orchestrated whispering campaign. Anyone with an ounce of understanding would be forgiven for thinking that Gerrard would never saddle himself with such a financial handicap as his predecessors suffered, and that there must be something in the pipeline.
        —————————————————————————————————–
        As far as I am aware Tris, Sevco had to provide Gerrard with certain “assurances”. Until those assurances are known, it is still hanging in the air as to whether they have been met. 
       I’m not saying he will not take up the post, but I’m not saying he will either.  Those “assurances” could be many fold, and they may well be performance related on a sliding scale, following a settling in period. They may be conditional terms of his acceptance. Who knows?
         I think it may well be a very complicated contract.
        Again I used “Sevco” when I really meant, DCK.   Apologies Billydug.. Other than the PLC chairman, the boards of both companies have been very quiet on this matter. 

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  11. THELAWMAN2
    MAY 12, 2018 at 10:42

    Corrupt Official

    I agree.  I dont think he has been promised a war chest at all and  I have no faith he will be given anything serious to work with cause, well, eh, we dont have it to give him.  

    Isn’t your agreement a possible sign that the expectation management is working then?

    If not, what do you think attracted Gerrard to the job given the high expectation levels and the (relative) lack of resources?

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  12. For clarification, I don’t think what you are saying is tosh, Tris.

    I think you are correct that is what they hoped would happen (not really a plan, more a desire).

    It just isn’t going to happen and anyone believing it is a suitable target for buying a river crossing in the nations capital. 

    Yes they may be able to bring in some more money from a shares issue, but £20m of that is already spent. Anything outside of a share issue is simply more loans, whether the PLC chooses to style them as “quasi equity” or not. 

    I say again, and I know it is boring. The PLC loses millions every year, it’s chairman is predicting further loses (and claims that is the plan) it is over £20m in debt and it cannot use it’s major assets to secure credit facilities. There is no “external funding” available. No adviser in their right mind would allow a client to do it. 

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  13. For what it’s worth it’s looking a bit like SG is using TRFC as leverage to secure a better deal elsewhere in the same way Davide Ginola used Celtic to bounce into English football all those years ago. Time will tell.

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  14. TRISIDIUM
    MAY 12, 2018 at 11:39

    If not, what do you think attracted Gerrard to the job given the high expectation levels and the (relative) lack of resources?
    ============================================

    I think that’s a simple one.

    Who else would offer him such a high profile post as someone with no managerial experience.

    He can have a season at it, if he gets any level of success maybe a cup or making a competition out of the SPFL then he has proven he can manage a bit. If he achieves nothing it was a lost cause anyway. Particularly if he can cite lack of funds / backing from the board.

    In football terms it’s kind of a no lose situation in my opinion. 

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  15. TRISIDIUMMAY 12, 2018 at 10:55 Corrupt Official I’m not so sure that the rumours of cash for Stevie G originated as part of any orchestrated whispering campaign. Anyone with an ounce of understanding would be forgiven for thinking that Gerrard would never saddle himself with such a financial handicap as his predecessors suffered, and that there must be something in the pipeline.
    ____________________-

    Tris, I, too, found it extremely difficult to believe that TRFC had nothing ‘in the pipeline’ after they announced Gerrard as their new manager and then said they (King) had an announcement to make on the following Monday. We know that that announcement turned into a wandering ramble of close to nothingness, which now, after what you say, leads me to wonder if there maybe was this inward investment in the pipeline, but by Monday the pipeline had been blocked, but King still had to say something, and, caught off guard, made a hash of it by saying much too much!

    I seem to remember that during the Whyte trial it came out that David Murray had to put up with one or two false dawns in his search for a buyer for Rangers, and I’d suspect the world in which King moves will attract similar false dawns. Hearts, too, had one or two interested parties that were nothing more than timewasters.

    There is also the possibility that King, in his desperation to stave off the TOP and any CoS fallout, plus lend credence to his promises to Gerrard, jumped the gun and called a press conference before any negotiations had been concluded, or had even reached the serious stage. Any negotiations might still be ongoing, or they might be dead

    There was something about the tone of King’s presser that didn’t suggest to me that any good news, such as imminent fresh investment, was in the pipeline, or still in the pipeline.

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  16. TRISIDIUMMAY 12, 2018 at 11:39
        Isn’t your agreement a possible sign that the expectation management is working then?
    If not, what do you think attracted Gerrard to the job given the high expectation levels and the (relative) lack of resources?
         ——————————————————————————————————
       Possibly Tris. Again as far as I am aware, the expectation is of a stronger showing and a higher degree of consistency.  Given the disparity in player spends between Sevco’s immediate rivals for a strong second, the resources should be more than adequate. 
        I imagine Gerrard’s remit will not be too far from the above, (possibly a cup thrown in)and it could be argued using the correlation between spends and performance, on paper, a cake-walk. 

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  17. REDETINMAY 12, 2018 at 09:58
          What were the details of the threats to Ch4 News Alex Thomson? In his own words, he“received overt physical threats from a former Glasgow-bsed sports journalist…”
        I believe this is the incident to which you refer.. (Around 8:45 mins). I have heard nothing since.

        

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  18. COrruptofficial

    Part of the second best budget argument is defeated by the fact that a lot of that budget has been spent on the wrong things and it has been committed to pay for those in the future. There are Mexican wastrels and others who have contracts on very high wages for no return .

    That can be part of normal recruiting and its failures if there is money to deal with that. With a planned and apparently welcome loss such is more difficult. Big budgets may meet austerity in normal places But if the requirement is immediate success and continuing world domination that is not so easy.

    And if the fans expect limitless funds to be spent because they deserve it as part of their rightful place then when reality breaks in from the auditors there might be a reaction. Threats to auditors fit into a pattern of behaviour which is not only condoned but encouraged by inflammatory statements from the Club itself. THe seige mentality and banning of reporters for reporting is not useful.

    If the BBC is banned from Ibrox perhaps they should limit their activities there anent to the barest of minimums rather than provide commentary from TV screens and a home for over superannuated former Rangers player peddling myths and inanities?

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  19. Re whether Gerrard would not have joined Rangers without knowing decent funding is available. Dave King may be many things but he has demonstrated a real talent to convince people of things which turn out to be untrue. Who is to say Gerrard and his advisors are not the latest to be conned. His agent is a big Rangers fan from Glasgow so who knows how starstruck he was. I would not be at all surprised if Gerrard never manages them in competitive game.

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  20. BFBPUZZLEDMAY 12, 2018 at 12:40
    COrruptofficial
    Part of the second best budget argument is defeated by the fact that a lot of that budget has been spent on the wrong things and it has been committed to pay for those in the future. There are Mexican wastrels and others who have contracts on very high wages for no return.
       ————————————————————————————————
        Agreed BFB, but the correlation does exist, and is widely recognised throughout the levels right up to CL. It rather points the performance correlation not at spends, but towards those responsible for recruitment at Sevco.
        I have been reading reports of Sevco being active wrt recruitment (Jason Cummings for e.g.), which, in the absence of any new manager as yet, suggests recruitment is outside of the managers remit, and any new guy will have to p*ss with the c*ck he is given.
        Whether changing that was one of the assurances sought by Gerrard, I dinna ken, but if it was, they are going a funny way about it.

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  21. Talking of delusional, former vice-chairman of Rangers, Donald Findlay, thinks the current Rangers could afford to appoint EPL managers Sean Dyche, Eddie Howe and possibly even Rafa Benitez. He doesn’t explain where he thinks the necessary millions of pounds would come from though, a common trait amongst followers of the current club playing out of Ibrox, although to his credit, he is dismissive of Dave King.

    https://www.scotsman.com/sport/football/teams/rangers/donald-findlay-rangers-should-have-gone-for-sean-dyche-or-eddie-howe-1-4738617

    Donald Findlay: Rangers should have gone for Sean Dyche or Eddie Howe

    AIDAN SMITH Published: 06:00 Saturday 12 May 2018

    Former Rangers vice-chairman Donald Findlay has described Steven Gerrard’s appointment as “a gamble” and claimed the Ibrox club will not regain their previous status until the present boardroom regime is replaced.

    Current chairman Dave King unveiled former England captain Gerrard as Rangers’ new manager last week. But in an interview in The Scotsman today, Findlay says he would have preferred the club to have appointed someone with more experience.

    Findlay said. “I would have gone for more experience and banged on Sean Dyche’s door or Eddie Howe’s and said: ‘This is Rangers, you can be kings here.’ Or, though I don’t know if he would have moved, said to Rafa Benitez, ‘Come and look at Ibrox’, and taken him straight to the trophy room. All that history and tradition.

    “But my biggest concern is whether the new manager, Gerrard in this case, will be given the money he needs. Would you get a straight answer from the Rangers chairman? And if you did would you not question it anyway? I’m afraid I don’t think Rangers are going to return to where they were until the present lot are cleared out lock, stock and barrel.”

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  22. If by tomorrow evening TRFC lie (Freudian?) second top of SPFL with a UEFA place assured (but I think the UEFA jury is still out on that one) then why would they need a warchest?
    The argument to SG might be ” We don’t need to increase the wage budget by much, just use it better to save the points dropped amongst those we lost them to. Celtic have shown they are more than capable of dropping points to the rest too so it might just boil down to games v Celtic and the SFA are on our side. You could make a real name for yourself unless Celtic realise there is a challenge and further strengthen, but they have a “develop rather than buy” policy and fear debt, whereas we welcome it, so the odds on upsetting their House of Cards are favourable.
    That is how I would sell the job and I’m honest! 

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  23. Tris it’s really hard to tell what has and hasn’t been said.  Appreciate many on here won’t agree but managing Rangers is evidently seen as a huge thing outwith these shores as has been witnessed by the messages from all corners of the world in recognition of him taking on the role.

    I’m not convinced but as much as I criticise King and the board, the Gerard appointment has definitely lifted the interest and season ticket sales. I don’t believe for a minute there is any funny deal about him dropping out and getting a bonus.

    I think that’s wishful thinking. 

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  24. THELAWMAN2
    MAY 12, 2018 at 15:14

    “… managing Rangers is evidently seen as a huge thing outwith these shores …”
    ====================================

    That would be why the last group of managers have been such huge names.

    Ignoring the actual interim ones (Nichol, McCall, McDowell)

    Murty
    Caixinha
    Warburton
    McCoist

    Sorry, but if there is interest in who the Rangers manager is just now it is because it is a big name footballer. 

    Managing Rangers is not seen as a huge thing outside these shores. 

    =======================================

    ” … the Gerard appointment has definitely lifted the interest and season ticket sales.”

    I agree, however the Rangers facing social media sites I have read are adamant the season tickets would have been selling out anyway. 

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  25. HomunculusMay 12, 2018 at 15:31

    I think you are both correct, Homunculus. It’s undoubtedly Gerrard who has caused the sudden interest in TRFC in the press outside of Scotland (it wouldn’t have been possible to increase the level of fawning press coverage in Scotland), and not the other way round, while, in my opinion, any TRFC facing sites saying that ST sales would have been as good without the appointment of Gerrard, are indulging in a bit of hubristic WATP, unless they are assuming some other big named manager would have been brought in to spark that interest.

    In fact, if Gerrard was to turn round and say, in a couple of weeks time, ‘thanks, but no thanks’, I think the board would heave a sigh of relief and reckon things had worked out quite well, with job done.

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  26. UPTHEHOOPSMAY 12, 2018 at 12:44
    16
    0 Rate This
     Who is to say Gerrard and his advisors are not the latest to be conned. His agent is a big Rangers fan from Glasgow so who knows how starstruck he was. I would not be at all surprised if Gerrard never manages them in competitive game.
    ————-
    My thoughts also

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  27. Was doing a bit of revision, and came across this from May 12,2012. The top right. It got me thinking just how much does the ibrox club/company pay it’s PR Firm? And could the money they spend be put to better use.
    Ps. who knew the SFA had a Dossier.

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  28. ALLYJAMBO
    Far fetched scenario 
    dck. Stevie fancy being manager of the rangers
    Sg, lol no thanks
    dck,I’ll put £150,000 in your bank account 
    sg,what do I need to do
    dck,put on a blazer and pretend you are going to manage us,I’ll get season ticket money you’ll get yours 
    sg,when do I start

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  29. BillydugMay 12, 2018 at 17:33
    ‘…‘Lierse SK have been declared bankrupt; ending 112 years of their history’.’
    ________________
    From: http://deredactie.be/cm/vrtnieuws.english/sports/1.3195921

    “..It was an emotional evening in Lierse SK’s Lisp Stadium on Friday as thousands of fans held a wake for their club that went into liquidation earlier this week. Lierse should have played their last home match of the season against Waasland-Beveren at the Lisp on Friday.However, with the club now in the hands of the receivers this and next Friday’s game against Zulte Waregem have been cancelled…………”

    The Belgians are a pragmatic people. They accept the fact of death.

    And honest, to boot.

    There  will be no secret 5-way agreement to propagate a myth of ‘continuity Lierse’, between deceitful men in Belgian football governance, the Liquidators, and a ‘SevcoBelgium’and Lierse SK(IL) .

    There will instead be proper recording that Lierse SK ceased to exist as a professional football club participating in a professional football league operating under the umbrella of the Belgian FA and UEFA and FIFA authority.

    There will be no trying to hide the fact that the liquidated club is Lierse SK by re-naming it ‘Lierse SK 2018′, and setting up a new club to apply for membership of the Belgium FA as “THE Lierse SK Ltd’.

    The liquidated Lierse SK will be confined, honourably enough, to the history books.

    In the way our governance body ought to have done , and now ought to do, in relation to Rangers FC (IL), and so re-assert their authority as the body charged with operating a clean and honest sport and discharge the functions entrusted to them not just by ‘football businesses’ but by the huge numbers of football supporters who are the very life blood of the sport.

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  30. Tony,

    Steven Gerrard is almost certainly vastly more wealthy than Dave King. He’d be highly unlikely in my view to do anything which could damage his reputation for what to him would be a measly £150k. 

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  31. While the chances of Gerrard not taking up his post has crossed my mind, like all the talk of imminent administration over the years, it is all wishful thinking.
    It may all work out well for both parties but T”Rangers track record with Managers has seen the last four ‘non caretaker’ appointments leave before their contracts were up.
    I still can’t see were the money is coming from. Before long Gerrard will see he has been sold a pup and chances are  it will, as with the others before him, end in tears. If King remains at the helm I give SG a season and a half before he finds out he has resigned.
    If King departs then I think SG may stay a bit longer if realism kicks in and a long term development plan is put in place.

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  32. RyanGoslingMay 13, 2018 at 00:22
    ‘…He’d be highly unlikely in my view to do anything which could damage his reputation for what to him would be a measly £150k.’
    _____________
    I would suggest that whatever his motives ( and they are probably related to things other than mere money) I think he has  already damaged his reputation as any kind of intelligent sportsman by

    a) agreeing to work with a club masquerading as another club and trying to live on  deceased clubs sporting merits and achievements

    b) demonstrating an appalling unawareness of the true financial circumstances that the false club finds itself in.

    I perfectly understand that fiercely competitive sportsmen, no longer able to compete in their  sport, might think and believe that their success in the playing of their sport should be able to be replicated  in other areas of the sport.

    And that is by no means a given.

    I think Gerrard’s decision to try his hand in football management( for reasons other than money) is fair enough, and fair dos.

    But for him to think that his potential management skills will blossom in the impecunious environment of a desperatey struggling club is, I think, a grave error of judgment.

    He may, of course, have been given absolute guarantees that squillions are and will be available.

    Publicly, all we know is that the general impecuniosity will continue into his first season as manager.

    Needless to say, I do not wish him well, because he has bought into the myth. ( and, actually,there was, is, something in his attitude on the pitch that did not appeal to me, the very occasional time that I watched him play)

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  33. JOHN CLARKMAY 13, 2018 at 01:14
    I would suggest that whatever his motives ( and they are probably related to things other than mere money) I think he has  already damaged his reputation.

    ____________________________________________________________________

    I would suggest the evidence supports the exact opposite of this John.  The evidence says the only place he has done damage to his reputation is on Scottish Football Social Media.

    Every English pundit, ex fellow player, managers, coaches, England players, England managers et all have been extremely supportive which in no way indicates his reputation has been damaged.

    Outwith the Central Scotland Social Media goldfish bowl, his stock and well wishing is extremely high.

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  34. HOMUNCULUSMAY 12, 2018 at 15:31

    Managing Rangers is not seen as a huge thing outside these shores. 

    ==========================

    When you consider Derek McInnes knocked them back you wonder how the job is viewed in Scotland these days. McInnes (and others) will be close enough to the action to see how much of a basket case the club is, with a very poor quality board of directors.  As for the views of English pundits, they are based on complete ignorance of the facts.  The most laughable was that of Mark Lawrenson who said ‘Rangers can now go after the same players as Celtic, who will now be more likely to sign for Rangers’. Yet Rangers fans are clinging to such ridiculous statements as some kind of endorsement, while castigating any Scottish pundit who dares to say it is a gamble. 

    I really don’t think it is possible now for Rangers fans in general to wake up and smell the coffee. They have been taken in too many times, and their desperation allows the wrong people to con the life out of them with the soundbites they crave to hear.  If anyone needs a reminder, watch this video. 

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  35. RYANGOSLING
    MAY 13, 2018 at 00:22
    Tony,
    Steven Gerrard is almost certainly vastly more wealthy than Dave King. He’d be highly unlikely in my view to do anything which could damage his reputation for what to him would be a measly £150k. 

    =======================================================

    I agree the notion of him being paid a fee to pretend he is going to be Rangers manager is way out there. If he leaves it will; be because things did not play out the way he was promised, not because that was always planned. 

    In my opinion he is having a “no lose” go at football management in a high pressure job. He does anything at all (say winning a cup, or sitting at the to of the league for a reasonable period) he looks good, he does nothing and it’s another season of fighting for 2/3/4, it was a lost cause before he started.

    However with regards damaging his reputation. He doesn’t have one as a football manager, and he is hardly going to damage his reputation as a player. 

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  36. I’m not sure that Gerrard is good for Scottish Football.  Doesn’t say much for the standard of the game if an Under-18’s coach with zero experience can win the league!

    Oh, and I’m maybe a bit late to the party on this one but there was a thread on one of the Rangers fan sites about next season’s strip which had links to tweets that Hummel had put out showing off the new strip for some random European Club.  The first comment was from some clown with a Union Jack in their name telling Hummel that the Rangers strip better not be as “s****”.

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  37. LM2 @ 0430

    I feel you are correct re the support Stevie Gee has and gets down here in Englandshire from all the highly paid pundits and mates.
    However that is simply because they have absolutely no idea of the back story to the whole saga re RIFC. Scottish Football down here in England is just not rated and it’s generally thought to be little more than a pub league which can be won easily. He’s viewed as if he’s going up there to carry out Missionary work to improve the lives of the underprivileged natives.
    I live in in a part of Merseyside famous for its Red Squirrels and have always felt that Stevie Gee,himself,  was nothing more than a ‘Red’ Squirrel to soothe the Ibrox faithful. Indeed, Stevie has the loveable creatures running about his nearby ample acres.
    If you should want to see some of his finest moments as a football player have a look at YouTube and search for ‘Steven Gerrard Dives’. 
    Training drills at Auchenhowie should be fun.

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  38. UPTHEHOOPS

    MAY 12, 2018 at 12:44

    Re whether Gerrard would not have joined Rangers without knowing decent funding is available. Dave King may be many things but he has demonstrated a real talent to convince people of things which turn out to be untrue. Who is to say Gerrard and his advisors are not the latest to be conned. His agent is a big Rangers fan from Glasgow so who knows how starstruck he was. I would not be at all surprised if Gerrard never manages them in competitive game.
    —————————————————–

    Let’s turn those two highlighted sentences around the other way.

    What if the boot is on the other foot & it’s Gerrard & his advisors who have conned TRFC (not stating they have or would, of course).

    What if it was Robertson, King & Allan who were starstruck & have bought into Gerrard’s magic beans? Their track-record in choosing managers isn’t great.

    What if the Gerrard camp simply said what they thought DCK wanted, or needed, to hear (perhaps giving indications that finance would follow an appointment) & then reneged after the new manager’s rapturous ascension to the Ibrox throne on the Friday, requiring DCK to give a lacklustre poodle-presser on the Monday? Imagine if DCK had said that StevieG wasn’t joining TRFC after all?

    Apologies for all the ‘what-iffery’. Just trying to present a different viewpoint.

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  39. Part of a message published today by a well known west of Scotland Celtic Supporter

    he urges us to: “contribute to our shared commitment to stemming the spread of fake news and to rediscovering the dignity of journalism and the personal responsibility of journalists to communicate the truth.”The term “fake news” refers to the spreading of disinformation online or in the traditional media based on non-existent or distorted data designed to deceive and manipulate the reader by mimicking real news. Social networks can allow untrue stories to spread so quickly that even authoritative denials fail to contain the damage.Such disinformation can discredit and demonise while fomenting conflict and spreading arrogance and hatred. Preventing and identifying the way disinformation works calls for a profound and careful process of discernment. So how do we defend ourselves? The most radical antidote to the virus of falsehood is purification by the truth.”
    Old buddy of yours Homunculus
    The arch plagiarist seems to be under a bit of pressures if his latest exclusive is anything to go by it breaks the news that there is something worth following on SFM 

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  40. JINGO JIMSIE MAY 13 10.53
    Rather than “trying to present a different viewpoint”, why can’t you, along with some others, just not accept that Steven Gerrard will be the manager of Rangers starting on 01/06/18.
     
      

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  41. CLUSTER ONEMAY 12, 2018 at 20:39(EDIT)
    19
    0 Rate This
    Attachment 
    Was doing a bit of revision, and came across this from May 12,2012. The top right. It got me thinking just how much does the ibrox club/company pay it’s PR Firm? And could the money they spend be put to better use.Ps. who knew the SFA had a Dossier.
    =========
    An absolutely crucial question the Compliance Officer should be wrestling with is did that dossier contain everything it should have if RFC complied with FFP rules during 2011?
    One item that CW was strangely not charged with was the failure to meet his Takeover Undertaking of June 2011 to pay the wtc liability of £2.8m.
    Why was that? It’s not as if by 2012 the SFA were unaware it hadn’t been paid. Their licensing Dept were asking in Feb 2012 for proof of appeal. 
    Could it be that the wtc trail led back to Sir David Murray’s stewardship of Rangers from 2000 when the first ebt with side letter was issued right up to 6th May 2011? 
    That article puts all of Rangers ills at the time on CW. The SFA Judicial Disciplinary Panel could only go along with that if they were unsighted on the details of the wtc liability.
    More to come on that issue.

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