A busted flush, Tom English and the subtle difference between Loans and Advances

Stewart Robinson is a qualified accountant. Fact.

If he does not know the difference between an advance and a loan, then he is grossly incompetent and should be dealt with by the relevant accountancy bodies.

If he does know the difference then he has a duty to bring it to the attention of his employers and as CEO advise them. It appears they are still unaware of the distinction.

As an SPFL board member he has a duty to bring it to the attention of every member club involved in the debate. He has not done so as yet.

If he supported a motion to have monies released from the SPFL while the status of those monies were unclear then his position on the SPFL Board is totally untenable and he should resign immediately.

To me, it appears he has a lot of serious questions to answer.
 
Stewart Robinson is a qualified accountant. Fact.

If he does not know the difference between an advance and a loan, then he is grossly incompetent and should be dealt with by the relevant accountancy bodies.

If he does know the difference then he has a duty to bring it to the attention of his employers and as CEO advise them. It appears they are still unaware of the distinction.

As an SPFL board member he has a duty to bring it to the attention of every member club involved in the debate. He has not done so as yet.

If he supported a motion to have monies released from the SPFL while the status of those monies were unclear then his position on the SPFL Board is totally untenable and he should resign immediately.

To me, it appears he has a lot of serious questions to answer.
Unfortunately in this shitehole of a country serious questions not on the agenda ,so called journalists would rather pander tae the skint jakey wie the petted lip in the corner
 
The SPFL are in the right when it comes to the issuing of monies ( whether loans or prize money ) yet the MSM refuse to acknowledge this .
Loans require financial records being produced and guarantees as to said loans being repaid
Prize money can only be advanced if the recipients of said monies agree that the league positions which determine the amount of prize money are accepted by ALL !

The likes of Tom English and the seried ranks of 'Sports journalists ' , EBT recipients and John Brown look-a-likes impersonating financial experts is becoming laughable .

Not ONE of them will address the REAL scandal in Scottish Football - the imminent demise of Sevco due to industrial levels of mismanagement and the Silence of the Succulent Lambs in the media NOT reporting it !

HH
 
The crucial difference between a loan and an advance is that clubs can only get an advance on prize money guaranteed by their league position. This means we could be paid out for 2nd place, the sevvies could get paid out for 3rd because they too could potentially be caught.
This means that by providing advances, the SPFL would be retaining a significant amount of the prize money in their bank account until the leagues are decided. (However they are decided) It would be financially irresponsible of the SPFL to make repayable loans to clubs who are teetering on the financial brink. The clubs need the money now. Calling the leagues now releases all of the money now. It's the smart move.
 

Tom English
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Tom advance payments did and could be made and if made then there remains further payment your story above 1st May 2020 is not news mate and the SPFL have been open look below in the Evening Times story and the date and whar was out there, Sevco like Oliver came back for more.

26th March Celtic, Rangers and Motherwell to get BIGGER handout than other clubs as SPFL issue advance payments

By Aidan Smith Sports Writer

Celtic, Rangers and Motherwell to get BIGGER handout than other clubs as SPFL issue advance payments


Celtic, Rangers and Motherwell to get BIGGER handout than other clubs as SPFL issue advance payments






The SPFL is set to hand out advanced payments to all senior Scottish clubs amid the coronavirus shutdown.
The BBC say Celtic, Rangers and Motherwell will receive £395,000 plus VAT as they are the top three sides in the Premiership, while other top flight sides will get £157,500 plus VAT.
Going down the Scottish football pyramid payments dip significantly. Reports suggest Championship clubs will land £26,500 plus VAT, League One clubs £2,700 plus VAT and League Two clubs £1,350 plus VAT.

All payments are set to be processed at the turn of the month with many clubs facing financial difficulty as a result of the COVID-19 pandemic.
The Scottish football season has been on shutdown since March 13 and it remains to be seen when teams will return to action.
UEFA recently revealed they hope to have domestic action completed by the end of June.

Some have argued this is too optimistic and uncertainty reigns in Scotland at this time with some saying Celtic should win the Premiership, while others hope the season is declared null and void.

We told how one top flight side will call for the SPFL season to be scrapped.
A source revealed the Premiership side is ready to demand league chief Neil Doncaster to end the season if it cannot be completed. It has already been reported that the SPFL has no plans to void the 2019/20 season.
UEFA is expected to offer further advice to Europe's 55 member nations on how to react to the spread of the disease in the coming days.
 
https://twitter.com/Hullbhoy




Rangers Tax-Case

@rangerstaxcase

·
2h

Journalists. If you are happily taking leaks and leads from shady PR people but not demanding they give you the full text of the resolution Rangers* wanted the SPFL to present for a vote, you are just a shill.

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Andrew

@Hullbhoy


I think Neil Doncaster has just ended Tom English’s coverage of Scottish football. Absolutely brutal explanation of facts and processes.
 
EPL teams are reported to be desperate to get games played or they have to pay back £150 million to TV. So they would take risks with lives rather than lose this money, so can these clubs afford to lose this revenue in the interest of safety.
English football is run by parasites who have sucked the blood out football, they can easily pay back this money to allow it to be regenerated and they should be contributing to the pressure on the NHS which will give them the riches back, fuck the EPL dont watch it when it comes back, they do not give a fuck for us.
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Top quality writing again by Niall in his latest piece. Outstanding use of analogy and with an incision that cuts right to the heart of the matter without getting bogged down in typical journalistic 'hacksplaining'

How I wish that fella was a professional in the field of journalism. I'm not sure his editor would fully approve of his copy, but I'm 100% certain that the readership would (unless they happened to be sevco fans).

Truly outstanding work and a good reminder to go and indulge Bill Hicks on YouTube again.
 

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