Hullo, Hullo, we are the Newco Boys

This appears to be the new song of the SPL boys after today’s announcement of a vote to change some SPL rules but most importantly those pertaining to financial governance of clubs.
A blind man can see this for what it is. It is simply the SPL changing the rules to allow an RFC Newco entry into the SPL next season.


The SPL statement read:
“On 30 April 2012 the SPL Clubs will consider a range of proposals to amend the Articles and Rules of the SPL. A brief description of the effect of adopting the Resolutions is provided below.

  • Resolution 1 proposes an increase in the sporting sanction (points deduction) on any Club which suffers or is subject to an Insolvency Event from 10 points to the greater of 15 points and 1/3 of the Club’s SPL points in the preceding season.
  • Resolution 2A proposes further sporting sanctions in the event that any Club undergoes an Insolvency Transfer Event (i.e. transfers its share in the SPL to a new company where this occurs because of the insolvency of the transferor) of 10 points in each of two consecutive seasons from the Insolvency Transfer Event.
  • Resolution 2B proposes revisions to the fee payment arrangements i.e. SPL fees to any Club which has undergone an Insolvency Transfer Event will be reduced by 75% in each of three consecutive seasons from the Insolvency Transfer Event.
  • Resolution 3 proposes extending sporting sanctions where an Insolvency Event is suffered by a Group Undertaking of a Member Club of the SPL (Group Undertaking is defined in Section 1161(5) of the Companies Act 2006).
  • Resolution 4 proposes updates and extensions to the definition of Insolvency Event in the SPL Rules.
  • Resolution 5 proposes updates and extensions to the definition of Insolvency Event in the SPL Articles and clarifies the process in the event that a Member which is the subject of an Insolvency Event is required to transfer its share in the Company.
  • Resolution 6 proposes a specific requirement in the SPL Rules that Clubs must pay their Players in terms of their Contracts of Service on due dates and places a duty on any Club to report any failure to pay its Players in a timely manner to the SPL. Failure to pay Players and / or to notify such failure to the SPL would be a breach of SPL Rules.
  • Resolution 7 proposes a requirement in the SPL Rules that Clubs report to the SPL any failure to make payments to HMRC in respect of PAYE and NIC (a Default Event). Any Club suffering such a Default Event will be subject to a Player Registration Embargo. Any failure to report a Default Event shall be a breach of the SPL Rules.
  • Resolutions 2B and 5 require the support of a minimum of 11 Clubs to be adopted; all other Resolutions require the support of a minimum of 8 Clubs to be adopted.

“If adopted the amendments to the Articles and Rules will have effect from and including 14 May 2012 (the day after the last day of Season 2011/2012).
“No further comment will be made in respect of these proposals until after the General Meeting on 30 April at which they will be considered by the Clubs.”


Resolution 2A is the big one here. Basically a club which liquidates while a member of the SPL will be able to transfer their shares in the SPL to an entirely new company and continue to be part of the SPL.
Now the sanctions to be imposed will be damaging to any Newco but the question remains. Why change the rules now ?
Well we all know the answer to that. The other 10 bloodsuckers in the SPL see half of their gravy train disappearing and their selfish  greed won’t allow that to happen. There could also be another dimension to this as well after all I don’t know what is discussed and agreed in the smoke filled rooms of secret societies in Scotland.
Another question that could be raised is . Why were these types of rules never included in the original SPL rules ?
Once again this all stinks to high heaven. I love my club but I will find it very hard to part with £600 next season if an RFC Newco is allowed into the SPL. This will be nothing more than a reward for cheating and I can’t support that in any sport.
Please visit http://notonewco.glas2014.com/index.php  Sign up and have your say. We really need to stop this for the future integrity and fairness of Scottish football.

Comments

  1. James…I can feel your pain and outrage.
    Unfortunately this country has not moved on as far as fair play and being ethically courageous is concerned. You are right they have cheated their way to many trophies and titles. I still say this I believe UEFA will have some say over what has gone on if and its a big IF someone can get the ear of Monsieur Platini. They broke European competitions rules and took the money. That needs to be addressed and if it is then RFC 2012 will be in the European wilderness for a long time.
    But back to Bonnie Scotland for me, in their minds this is the best they could do without taking themselves to the edge of a financial cliff . Of course its short termism at it worst. But fuck em lets rise above this and keep our dignity.
    We love our club and are proud of our honesty. We are on the brink of a new era in Scotland and Glasgow Celtic will be dictating the shape of that era.

  2. James…I can feel your pain and outrage.
    Unfortunately this country has not moved on as far as fair play and being ethically courageous is concerned. You are right they have cheated their way to many trophies and titles. I still say this I believe UEFA will have some say over what has gone on if and its a big IF someone can get the ear of Monsieur Platini. They broke European competitions rules and took the money. That needs to be addressed and if it is then RFC 2012 will be in the European wilderness for a long time.
    But back to Bonnie Scotland for me, in their minds this is the best they could do without taking themselves to the edge of a financial cliff . Of course its short termism at it worst. But fuck em lets rise above this and keep our dignity.
    We love our club and are proud of our honesty. We are on the brink of a new era in Scotland and Glasgow Celtic will be dictating the shape of that era.

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