Guest Posted June 23, 2012 Share Posted June 23, 2012 http://sport.stv.tv/football/clubs/motherwell/107668-motherwell-board-says-loss-of-rangers-could-put-well-into-administration/Motherwell board says loss of Rangers could put Well into administrationSTV 23 June 2012 15:58 BSTMotherwell FC has warned its fans of the financial consequences of a newco Rangers being voted out of the SPL© SNS GroupVoting a keep a newco Rangers out of the SPL could plunge Motherwell into administration, the club has told fans.In guidance issued to supporters of the Lanarkshire club, posted on the Motherwell fans’ site Fir Park Corner, Motherwell estimated that it would lose more than £900,000 in income without Rangers in the league.That sum will have to be balanced out with investment from the fans, otherwise it could be tipped into administration, says the club’s board.Motherwell FC is in the process of moving to a fan ownership model, as majority shareholder John Boyle pledges his stake in the Fir Park club to a group of supporters in the form of the Well Society.The society’s members are being polled on whether to allow a newco to enter the SPL after Rangers FC began the process of being liquidated.The breakdown of costs that Motherwell foresee if the newco is voted out of the league are a loss of £600,000 from SPL revenues, made up of sponsorships and the television deal for the league.The club expects to lose £275,000 in gate receipts from Rangers supporters and estimates a drop of £40,000 in matchday hospitality and sponsorship.If the newco is allowed to enter the SPL, Motherwell still expects to make losses in gate receipts as it anticipates that fans will stay away for reasons of “sporting integrity”.In conclusion, the guidance note states: “Whatever decision is made on the newco vote by the SPL clubs, the financial position of Motherwell Football Club will suffer. There are clear risks to the financial stability and very future of this club presented by the current situation.“In the event of serious financial difficulty, the board will have to look to the members, shareholders and supporters to step up their support for the club and the Well Society. This is likely to be in the form of increased prices, higher attendances and further Society memberships and contributions.“It is clear that if we are unable to replace significant amounts of income lost under either scenario, the club would be facing an insolvency event. This would lead to a 21 point reduction.” Quote Link to post Share on other sites More sharing options...
Redmond7 795 Posted June 23, 2012 Share Posted June 23, 2012 I think everyone who spouts this sporting integrity pish from now on should have their heads blown off with a shotgun. Clearly wouldn't do them any harm anyway as anyone who think there is actually sporting integrity in scottish - or indeed any - football doesn't have a brain anyway. Quote Link to post Share on other sites More sharing options...
HHB 63 Posted June 23, 2012 Share Posted June 23, 2012 Excellent.'Sporting Integrity' gets its first victim (not including us). Hopefully Abergreen to follow soon.Am I a bad person to wish ill upon the rest of them? Quote Link to post Share on other sites More sharing options...
Silver Fox 167 Posted June 23, 2012 Share Posted June 23, 2012 Excellent--hopefully we can make these predictions come to fruition by boycotting effectively and ridding Scottish football of one diddy club for starters, remember sporting integrity versus survivall ??Go On--Make my dayDo you feel lucky Quote Link to post Share on other sites More sharing options...
legalbeagle 3,734 Posted June 23, 2012 Share Posted June 23, 2012 Presumably if Motherwell were to go into administration AGAIN, there would be severe punishments. Quote Link to post Share on other sites More sharing options...
LeeWallaceRFC 3,920 Posted June 23, 2012 Share Posted June 23, 2012 Without us = RIP the SPL. Quote Link to post Share on other sites More sharing options...
IbroxBurnzy 484 Posted June 23, 2012 Share Posted June 23, 2012 Fucking Excellent news!! Quote Link to post Share on other sites More sharing options...
debear 603 Posted June 23, 2012 Share Posted June 23, 2012 Excellent--hopefully we can make these predictions come to fruition by boycotting effectively and ridding Scottish football of one diddy club for starters, remember sporting integrity versus survivall ??Go On--Make my dayDo you feel luckyWe can't boycott them if we are in a different league! Quote Link to post Share on other sites More sharing options...
debear 603 Posted June 23, 2012 Share Posted June 23, 2012 Looks like they are sayig to their fans, its your choice, but if you put Rangers down, you might put us down with them. Quote Link to post Share on other sites More sharing options...
IbroxBurnzy 484 Posted June 23, 2012 Share Posted June 23, 2012 Fecking Excellent news!!! Next please?? Quote Link to post Share on other sites More sharing options...
rangers_1993 68 Posted June 23, 2012 Share Posted June 23, 2012 Get on your knee's and beg for us to stay in the SPL cunts Quote Link to post Share on other sites More sharing options...
HHB 63 Posted June 23, 2012 Share Posted June 23, 2012 Presumably if Motherwell were to go into administration AGAIN, there would be severe punishments.Twice in 10 years ....... HUGE punishment I should imagine. probably 3 points and a £10 fine under new rules to be agreed after Rangers have ben punished but before anyone else goes bust. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted June 23, 2012 Share Posted June 23, 2012 Looks like they are sayig to their fans, its your choice, but if you put Rangers down, you might put us down with them.That is exactly what they are saying Quote Link to post Share on other sites More sharing options...
fyfe 19 Posted June 23, 2012 Share Posted June 23, 2012 Politicians would do well to learn their trade from Scottish football The board know they want Rangers in the SPL, it's their job after all to look after the commercial interests, but they're now putting pressure on their own fans to come to the same conclusion. Typical sneakiness from an SPL club. Quote Link to post Share on other sites More sharing options...
bluebellsareblue82 15 Posted June 23, 2012 Share Posted June 23, 2012 Very surprised the club have came out with this TBH. Other clubs being honest about this position may have us in the spl yet. Quote Link to post Share on other sites More sharing options...
lau03143 74 Posted June 23, 2012 Share Posted June 23, 2012 And I thought the increase in competition and European places would help these clubs?Fuck 'em. Quote Link to post Share on other sites More sharing options...
pcbear 10,913 Posted June 23, 2012 Share Posted June 23, 2012 We should set up one of the swingometers like in the elections, see which way were headed.I think the fans leaning towards accepting or even welcoming division 3 has put the shitters up a few of the chairmen. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted June 23, 2012 Share Posted June 23, 2012 So really they have no chance even if they do vote us in? Quote Link to post Share on other sites More sharing options...
Gaz92 966 Posted June 23, 2012 Share Posted June 23, 2012 Motherwell, the team who were finally passed to the fans after they raised enough money for it, and the team who will have a Champions League payment next season, still can't cope without us. How the hell can the rest cope?Fascinated to see what happens to the next team to go into administration in this country. Quote Link to post Share on other sites More sharing options...
HHB 63 Posted June 23, 2012 Share Posted June 23, 2012 Just in .........Official response from Motherwell supporters to their Board's statement ...........Boooooooooooooooooooooooooooooooooooo Quote Link to post Share on other sites More sharing options...
rangers_1993 68 Posted June 23, 2012 Share Posted June 23, 2012 All week i've seen motherwell fans giving it "send the scum down" then it was "if this was us (motherwell) everyone would vote us down" well fuck them Quote Link to post Share on other sites More sharing options...
Blumhoilann 6,712 Posted June 23, 2012 Share Posted June 23, 2012 This bit of honesty from 'well should be welcomed afterall,we've been telling them the same for ages 2 down,9 to go Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted June 23, 2012 Share Posted June 23, 2012 OK, who had "Motherwell in July" in the sweepstakes?? Quote Link to post Share on other sites More sharing options...
tango 341 Posted June 23, 2012 Share Posted June 23, 2012 Fascinated to see what happens to the next team to go into administration in this country.Absolutely fuck all the rules will be changed and the SFA and SPL will bend over backwards to help. Quote Link to post Share on other sites More sharing options...
Super1872 463 Posted June 23, 2012 Share Posted June 23, 2012 “In the event of serious financial difficulty, the board will have to look to the members, shareholders and supporters to step up their support for the club and the Well Society. This is likely to be in the form of increased prices, higher attendances and further Society memberships and contributions.Do they seriously think they can offset nearly a million quid this way?, this is a team with an average attendence last year of 5,946 (and this is including a league with Rangers) I can't see it myself.I hope to see more statements from the rest of the clubs shortly, I feel they will all be fairly similar.Their fans still wont care though, they want their pound of flesh they just refuse to see that they are the ones who will ultimately suffer most in the long run. Quote Link to post Share on other sites More sharing options...
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