Rangers v Celtic

A loan is not your money, buddy.
Christ on a bike. It would have been paid in advance of money due. The SPFL wouldn't have been paying clubs any money that the clubs wouldn't have been entitled to when the season was eventually called. They had the facility to make such payments. It is written into their constitution. They said they didn't have that facility and the only way they could make payment was to call the league and pay out on current standings.

They lied.

I'll ask you again.

The SPFL hasn't been called. Have the SPFL clubs recieved payments from the SPFL?
 
was it not an advance rather than a loan?
Trev you are actually spot on. Aldo still doesn't understand.

It was a loan and NOT an advance that was asked for.

An interest and fee free loan.

Unsecured.

Sevco get the loan.

Sevco entitled to prize money.

2 payments
 
Christ on a bike. It would have been paid in advance of money due. The SPFL wouldn't have been paying clubs any money that the clubs wouldn't have been entitled to when the season was eventually called. They had the facility to make such payments. It is written into their constitution. They said they didn't have that facility and the only way they could make payment was to call the league and pay out on current standings.

They lied.

I'll ask you again.

The SPFL hasn't been called. Have the SPFL clubs recieved payments from the SPFL?
Once again...

This loan was not an advance on money due. They still ask for entitlements.

Administrators would not need to prioritise unsecured loans and Sevco in admin would still be entitled to prize money.

Because it was a loan.

Not and advance.
 
Trev you are actually spot on. Aldo still doesn't understand.

It was a loan and NOT an advance that was asked for.

An interest and fee free loan.

Unsecured.

Sevco get the loan.

Sevco entitled to prize money.

2 payments
Don't talk ****e.

Every club gets a loan.

Every club gets a payment over an above any loan if they are entitled to such when the final standings are eventually set in stone.

1 payment. The payment that was always their entitlement.
 
Don't talk ****e.

Every club gets a loan.

Every club gets a payment over an above any loan if they are entitled to such when the final standings are eventually set in stone.

1 payment. The payment that was always their entitlement.

that’s the way I understood it, Alexander.
 
Trev- was it not an advance rather than a loan

Mindy- you're spot in Trev it was a loan rather than an advance.

Honest to fùck.

Just when you thought he couldn't possibly get any thicker he sets the bar even higher.

<doh>
 
When Rangers went into admin they were still entitled to receive payment of prize money despite massive debts. It went to the liquidators.

So you reckon if we get say 2M (for talking sake) advance of our prize payment then we go into admin we can go back to the SPFL and ask for the the whole prize money amount instead of the remainder?? Ps if we went into admin would we end up finishing lower than expected anyway?

my head hurts
 
So let's get the straight Mindy.

The SPFL claimed that they wanted to call the season so they could pay monies out because clubs are needing vital cash injection to stop them from going into administration.

But refused to pay out monies in case clubs went into administration.

Is that what your saying?
 
  • Like
Reactions: Toley Fart