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    Comment on We’re Gonny Need Another Baw. by easyJambo.

    Some observations by Craig Levein on the distribution of referees and their associations.

    “There are some real anomalies. When you look at the referees, they have 12 associations and seven FIFA refs, five from Glasgow and two from Lanarkshire.

    "The FIFA refs get all the big games therefore they will get the Old Firm games and that means they live in and around the same areas as those supporters live.

    “Rather than get a foreign ref, if we beef up the associations and have a more healthy geographical spread of category one and FIFA refs we could have an Aberdeen or Fife referee or an Edinburgh official.

    “When they go home after a game they are removed from the huge pressure and kind of thing that happened to John Beaton.

    “It is fascinating when you look at the statistics and I didn’t really get an answer other than the fact it is just a trend, which I don’t believe.

    “One of the most significant statistics I found is the second biggest association is Edinburgh. Guess how many times in 145 years an Edinburgh ref has done the Scottish Cup Final? Three times. Three times in 145 years!

    “We have 31 category one refs yet Hearts have had John Beaton five times this season. That can’t be healthy. The spread needs to be much wider.”

    easyJambo Also Commented

    We’re Gonny Need Another Baw.
    Lady Wolffe could well close off the case of TOP v King next Friday

    LADY WOLFFE – Commercial Clerks

    Friday 1st March

    By Order

    P341/17 Pet: The Panel on Takeovers and Mergers for orders under section 955 – Dentons UK – Lindsays

     

     


    We’re Gonny Need Another Baw.
    So the SFA says …….. let's get the government to sort our problem. 

    The last attempt at legislation didn't work too well.

    I keep hearing about this “societal problem”, but I don’t believe that there is a widespread problem where there is a mass public demonstration of the bile and hatred that is tolerated in football.

    Orange Walks could be construed as such a public demonstration, but virtually all of those pass off without incident or abuse directed at others.

    I’m sure that there are many racists, bigots, homophobes, misogynists etc., throughout society, but not many feel the need to publicly demonstrate their intolerance, outside of football.


    We’re Gonny Need Another Baw.
    A fairly predictable statement from Rangers, which means they will continue to do nothing.

    Chris McLaughlin‏Verified account @BBCchrismclaug

    Rangers statement following Kilmarnock manager Steve Clarke’s comments about sectarian abuse at Ibrox: “Rangers wishes to make it clear unacceptable behaviour will not be tolerated at Ibrox. Everything will be done to eradicate this kind of behaviour.”


    Recent Comments by easyJambo

    In Whose Interests
    I have no idea what is being planned, or not, in the Blue Room.

    However, what is evident following the conversion of loans to equity is that King is now more vulnerable to a Boardroom coup than when he was the largest creditor.

    On the other hand, New Oasis is the largest shareholder with 26.12% of the issued shares, up from 14.57% before the last conversion of loan notes.  That provides King with at least a blocking stake in the event of any special resolutions being put forward that he is not in accord with. 


    In Whose Interests
    Another €570,000 in Rangers coffers following their win tonight.

    Celtic will receive €190,000 for their draw.

    https://www.uefa.com/uefaeuropaleague/news/newsid=2616279.html


    In Whose Interests
    Timtim 19th September 2019 at 16:48

    The way Brazil is talking it sounds like an unknown matter and the Ashley situation is already in the mainstream so could be more issues in Sth Africa that really do render him impecunious . He specifically points the finger at King so is unlikely to be the Wavetower issue as that would affect all shareholders and is more specific to Green.King knew exactly what he was doing by failing to get a Nomad and leaving his actions free of scrutiny , we will just have to wait and see what skullduggery he has been up to this time.

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

    I've had a look at the last set of accounts for Sebata Holdings (the new name for Micromega Holdings) for the full year to the end of March 2019. As far as we know, King's business investments in SA are predominantly held in that company. 

    King's family trust (Laird Investments) owns 63.3% of the shares in Sebata.

    At today's share price and exchange rate, the company is worth £26m 

    The valuation of Laird's investment is therefore around £16.5m.

    The company made a net profit of £8.5m in the year to March 2019.

    However, they made a dividend payment of  £18.7m. The resources to pay the apparently excessive dividend appear to have come from the sale of the NOSA subsidiary which realised £33.7m in April 2018, with a reported profit on disposal of £16.5m. Laird would have received £10.4m from the special dividend payment as a result.

    We know from the TOP machinations that King funded the "confirmation of funds" from that special dividend payment.

    In summary, King's SA investment is diminishing in value year on year, although he should still have more than £10m in liquid funds from the special dividend (before tax that is mail). 

    The fact that New Oasis (King) has written off £8.5m of loans in RIFC in exchange for shares of questionable value in the last 12 months leaves his residual wealth relatively limited when compared to his purported spending via TRFC. 


    In Whose Interests
    John Clark 18th September 2019 at 23:54

    easyJambo 18th September 2019 at 22:21

    '.. I don't believe that Hearts needed a DOF role..'

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

    eJ, I have only the vaguest notion of what a Director of Football is, or what his 'powers' are.

    Isn't  CL merely an employee? As 'sackable' at the Board's pleasure as Caldwell today or indeed any football manager?

    Or does being a 'director of football' give him the status and voting power of a Board member holding a significant number of shares?

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

    The role of a DOF varies from club to club. As we saw with Mark Allan at TRFC he had responsibilities for recruitment, scouting, and some elements of the academy and that was it.

    At Hearts, CL has responsibilities for recruitment, the academy, coaching, scouting, succession planning for the 1st team coach and an overarching view on the style of play adopted at all levels. As befits his title Ann Budge appointed him to the HMFC Board, although he is not a shareholder.  All that occurred before he became 1st team coach in succession to Ian Cathro after he was sacked after 9 months in charge, finishing 5th in the league, and having a poor start to the new season.

    CL has seen Hearts finish 6th in each of his two seasons in charge, his saving grace being reaching a cup final last season, albeit with the aid of the easiest draw imaginable. Hearts currently is on a run without a league victory since March, that equals the worst in its long history. That is why there are protests. It's not just a 5 game run this season

    His removal as an employee (first team coach) should be no different to any other club's non performing manager, assuming he was paid off for the remainder of his 3 year contract that he signed when he became 1st team coach.  His removal as a director would probably follow voluntarily   It could of course be forced, with a motion to a GM or AGM, if he chose to hang on.


    In Whose Interests
    theredpill 18th September 2019 at 21:58

    I see Ann Budge's statement regard craigie went down like a lead balloon with the Hearts fans that's a pity I was optimistic she would bring something different to football,but the bland patronising statement seems to show she is the same as the rest ,cares not a jot about the fans .

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

    Oh she does care ……….. but only if you fall into a particular category and agree with her..

    "I address to all genuine Hearts Supporters"

    I don't think I qualify as being genuine enough.  Mainly because I don't believe that Hearts needed a DOF role, far less CL as first team coach.

    Looking at Hearts fans' reaction to the statement, I think many would find it patronising and misses the point of deteriorating performances for a much longer period than the 5 games that she refers to in the statement.