Guardian 4,281 Posted October 18, 2012 Share Posted October 18, 2012 With Hearts not able to pay players and the story below, things ain't looking so good for the crumbling SPL. The pressure's building and it's only a matter of time til the first collapses and the meltdown commences.Tick Tock.SCOTS footballers face pay freezes or cuts as struggling SPL clubs strive to live within their means, according to a report.Most top league clubs don’t expect to make any money this season.And while bosses try to reduce their wage bills, many players and their agents are still demanding big salaries.Accounting and business advice firm PKF said that could lead to a “widening gap” between wages here and those in England.That in turn could threaten the future development of the game north of the Border as clubs here will struggle to attract top players.PKF’s annual football survey, Leagues Apart, showed that two-thirds of Scottish Premier League clubs don’t expect to make a profit for the 2012-13 season.Only 17 per cent said their financial situation was “healthy” – the lowest of any of the leagues questioned.Two-thirds of SPL clubs depend on their principal shareholder to cover losses.Six SPL teams took part in the study, along with clubs in the English Premier League, Championship and Leagues One and Two – a total of 62.A third of SPL sides reported they would pay first team players the same as last year, while two-thirds said they would pay less.However, transfer budgets will stay the same.Charles Barnett, head of the football industry group at PKF, said: “There is clear evidence that clubs are absorbing some of the financial lessons of the last decade and are reducing wages to turnover to ensure they operate within a manageable ratio.“However, it is also equally clear that players and their agents may not have absorbed this lesson and are continuing to demand wages which are untenable for the majority of Scottish clubs.“The result is likely to be a widening gap between the wages players are paid in Scotland compared with their English counterparts.“This will have worrying ramifications for the development of Scottish football as it is unlikely SPL teams will attract top players in the same way as clubs in England which will, in turn, widen the gap between wages in Scotland and England.”SPL clubs’ income fell across the board in the 2011-12 season.The biggest concern for the coming season was a drop in TV cash, followed by falling attendances at games due to the poor state of the economy.A third of SPL clubs believe the state of the economy will cause all sources of revenue to be down in 2012-13, apart from corporate entertainment.And Rangers dropping down to the Third Division may have made things worse.Barnett said: “It is likely that the financial concerns of many SPL teams will be heightened with the loss of Rangers from the league.“It is likely that some clubs will now be predicting an even greater fall in revenue and further worries about whether they can manage the gap between expenditure and income which the departure of Rangers has undoubtedly precipitated.“The problem is that many SPL clubs were facing a difficult year anyway but the changed circumstances of the league mean those difficulties may have become exacerbated.“Nobody can deny these are worrying times for Scottish football. But there may be something more positive which arises.“For example, this season Rangers are substantially increasing revenues among Third Division teams.” Quote Link to post Share on other sites More sharing options...
hugh_capet 341 Posted October 18, 2012 Share Posted October 18, 2012 Fuck em Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted October 18, 2012 Share Posted October 18, 2012 Pull up thre chair, chill the beers and get the popcorn ready.............. :7325: Would love to see desmond struggle with severe financial problems and stop covering any shortfll for the immigrants.............and ask for his loans to be repaid. Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted October 18, 2012 Author Share Posted October 18, 2012 Hearts must be close to it now. Their ST cash has gone and they are living hand to mouth. There is no way they can get through the season not paying players.We must ensure they are sanctioned according to the rules, for sporting integrity and all that, or else what is to stop other clubs not paying their players.I seem to have heard that logic before Quote Link to post Share on other sites More sharing options...
Non_Sucumbi 876 Posted October 18, 2012 Share Posted October 18, 2012 Only 17 per cent said their financial situation was “healthy” – the lowest of any of the leagues questioned.83% therefore must be unhealthy???17% translates to 2 healthy clubs and TEN who do not have healthy bank accounts......... watch the dominoes tumble..... Quote Link to post Share on other sites More sharing options...
blueballss 3,025 Posted October 18, 2012 Share Posted October 18, 2012 bye bye rhats!!! Quote Link to post Share on other sites More sharing options...
boss 1,941 Posted October 18, 2012 Share Posted October 18, 2012 Only 17 per cent said their financial situation was “healthy” – the lowest of any of the leagues questioned.83% therefore must be unhealthy???17% translates to 2 healthy clubs and TEN who do not have healthy bank accounts......... watch the dominoes tumble..... Only 6 SPL sides took part in the survey. Assuming Celtic did (PKF and Charles Barnett are their auditors) then they are the 1 out of 6 (17%) who said everything is just fine. So a more accurate way of presenting the survey would be "every team except Celtic fear for their financial lives". Quote Link to post Share on other sites More sharing options...
harry handsome 629 Posted October 18, 2012 Share Posted October 18, 2012 Sorry to piss on our parade but I cannot see the SPL/SFA allow another "TOP" club suffer our fate.The minute it happens then they will keep the club afloat, given the SPL aren't insolvent, and re-structure immediately.The writings on the wall we can all see it, as for them and the puppets in position they will lose out.Why do you think it was important for CG to do a touch down visit in Europe a couple of months ago, he knows the situation and is trying to keep us ahead of the rest in this country.As several of us have said before, the games a bogey welcome to the league of Ireland part two. Quote Link to post Share on other sites More sharing options...
bigblueyonder 11,158 Posted October 18, 2012 Share Posted October 18, 2012 The minute it happens then they will keep the club afloat, given the SPL aren't insolvent, and re-structure immediately.Technically the SPL are insolvent, if as they stated they are not able to pay bills as and when they become due. That's the definition of insolvent. Quote Link to post Share on other sites More sharing options...
browndad 24 Posted October 18, 2012 Share Posted October 18, 2012 They only questioned 6 SPHell clubs so 17% = 1 club of the 6. I wonder which club that was? Quote Link to post Share on other sites More sharing options...
browndad 24 Posted October 18, 2012 Share Posted October 18, 2012 Only 6 SPL sides took part in the survey. Assuming Celtic did (PKF and Charles Barnett are their auditors) then they are the 1 out of 6 (17%) who said everything is just fine. So a more accurate way of presenting the survey would be "every team except Celtic fear for their financial lives".Beat me to it boss Quote Link to post Share on other sites More sharing options...
NorthernLights 2,529 Posted October 18, 2012 Share Posted October 18, 2012 Desperately sad. Quote Link to post Share on other sites More sharing options...
dummiesoot 16,225 Posted October 18, 2012 Share Posted October 18, 2012 Probs ross county would be ok assuming they still feel the 'benefit ' of spl football. The spl is a dead duck. Quote Link to post Share on other sites More sharing options...
kplfishtank 4,745 Posted October 18, 2012 Share Posted October 18, 2012 Shame really cause I enjoyed going to these grounds and subsidising them. Well actually feck them. Hope they all go to the wall and let proper teams run the new SFL premier Division Quote Link to post Share on other sites More sharing options...
Buzz Lightyear 7 Posted October 18, 2012 Share Posted October 18, 2012 If Hearts for talk sake were to enter administration.....I wonder if the SFA would be as unhelpful to them as they were to us?I doubt very fuckin much that'll be the case. Quote Link to post Share on other sites More sharing options...
bluenose48 974 Posted October 18, 2012 Share Posted October 18, 2012 Lets wait and see how many times " Sporting Integrity " is mentioned. Quote Link to post Share on other sites More sharing options...
Moody Blue Legend 63,233 Posted October 18, 2012 Share Posted October 18, 2012 Heard this on the radio this morning.How can some muppet say (forget who) a couple of weeks back that everything is rosey in the garden in the SPHell, now we get this wee gem? Quote Link to post Share on other sites More sharing options...
TravelingWilBEARy 4,319 Posted October 18, 2012 Share Posted October 18, 2012 You reap what you sow. Quote Link to post Share on other sites More sharing options...
bertybobo 29 Posted October 18, 2012 Share Posted October 18, 2012 Karma! Quote Link to post Share on other sites More sharing options...
Sea Bear 285 Posted October 18, 2012 Share Posted October 18, 2012 Heard this on the radio this morning.How can some muppet say (forget who) a couple of weeks back that everything is rosey in the garden in the SPHell, now we get this wee gem?Wasn't it Doncaster just last week telling the world how good everything was without us.... Quote Link to post Share on other sites More sharing options...
marka1979 76 Posted October 18, 2012 Share Posted October 18, 2012 With Hearts not able to pay players and the story below, things ain't looking so good for the crumbling SPL. The pressure's building and it's only a matter of time til the first collapses and the meltdown commences.Tick Tock.SCOTS footballers face pay freezes or cuts as struggling SPL clubs strive to live within their means, according to a report.Most top league clubs don’t expect to make any money this season.And while bosses try to reduce their wage bills, many players and their agents are still demanding big salaries.Accounting and business advice firm PKF said that could lead to a “widening gap” between wages here and those in England.That in turn could threaten the future development of the game north of the Border as clubs here will struggle to attract top players.PKF’s annual football survey, Leagues Apart, showed that two-thirds of Scottish Premier League clubs don’t expect to make a profit for the 2012-13 season.Only 17 per cent said their financial situation was “healthy” – the lowest of any of the leagues questioned.Two-thirds of SPL clubs depend on their principal shareholder to cover losses.Six SPL teams took part in the study, along with clubs in the English Premier League, Championship and Leagues One and Two – a total of 62.A third of SPL sides reported they would pay first team players the same as last year, while two-thirds said they would pay less.However, transfer budgets will stay the same.Charles Barnett, head of the football industry group at PKF, said: “There is clear evidence that clubs are absorbing some of the financial lessons of the last decade and are reducing wages to turnover to ensure they operate within a manageable ratio.“However, it is also equally clear that players and their agents may not have absorbed this lesson and are continuing to demand wages which are untenable for the majority of Scottish clubs.“The result is likely to be a widening gap between the wages players are paid in Scotland compared with their English counterparts.“This will have worrying ramifications for the development of Scottish football as it is unlikely SPL teams will attract top players in the same way as clubs in England which will, in turn, widen the gap between wages in Scotland and England.”SPL clubs’ income fell across the board in the 2011-12 season.The biggest concern for the coming season was a drop in TV cash, followed by falling attendances at games due to the poor state of the economy.A third of SPL clubs believe the state of the economy will cause all sources of revenue to be down in 2012-13, apart from corporate entertainment.And Rangers dropping down to the Third Division may have made things worse.Barnett said: “It is likely that the financial concerns of many SPL teams will be heightened with the loss of Rangers from the league.“It is likely that some clubs will now be predicting an even greater fall in revenue and further worries about whether they can manage the gap between expenditure and income which the departure of Rangers has undoubtedly precipitated.“The problem is that many SPL clubs were facing a difficult year anyway but the changed circumstances of the league mean those difficulties may have become exacerbated.“Nobody can deny these are worrying times for Scottish football. But there may be something more positive which arises.“For example, this season Rangers are substantially increasing revenues among Third Division teams.”I just hope when they come to cg to come back he tells them where to go. Quote Link to post Share on other sites More sharing options...
Moody Blue Legend 63,233 Posted October 18, 2012 Share Posted October 18, 2012 Wasn't it Doncaster just last week telling the world how good everything was without us....One of the two i would have thought. Blind leading the blind, funny though!! Quote Link to post Share on other sites More sharing options...
Chef 436 Posted October 18, 2012 Share Posted October 18, 2012 What happened the last time hearts were late with thr payment? Punished? Sporting integrity? Hearts will pay as it's just a game to them, yet this is ok Quote Link to post Share on other sites More sharing options...
Smile 26,624 Posted October 18, 2012 Share Posted October 18, 2012 Hope they die never to be formed again. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted October 18, 2012 Share Posted October 18, 2012 With Hearts not able to pay players and the story below, things ain't looking so good for the crumbling SPL. The pressure's building and it's only a matter of time til the first collapses and the meltdown commences.Tick Tock.SCOTS footballers face pay freezes or cuts as struggling SPL clubs strive to live within their means, according to a report.Most top league clubs don’t expect to make any money this season.And while bosses try to reduce their wage bills, many players and their agents are still demanding big salaries.Accounting and business advice firm PKF said that could lead to a “widening gap” between wages here and those in England.That in turn could threaten the future development of the game north of the Border as clubs here will struggle to attract top players.PKF’s annual football survey, Leagues Apart, showed that two-thirds of Scottish Premier League clubs don’t expect to make a profit for the 2012-13 season.Only 17 per cent said their financial situation was “healthy” – the lowest of any of the leagues questioned.Two-thirds of SPL clubs depend on their principal shareholder to cover losses.Six SPL teams took part in the study, along with clubs in the English Premier League, Championship and Leagues One and Two – a total of 62.A third of SPL sides reported they would pay first team players the same as last year, while two-thirds said they would pay less.However, transfer budgets will stay the same.Charles Barnett, head of the football industry group at PKF, said: “There is clear evidence that clubs are absorbing some of the financial lessons of the last decade and are reducing wages to turnover to ensure they operate within a manageable ratio.“However, it is also equally clear that players and their agents may not have absorbed this lesson and are continuing to demand wages which are untenable for the majority of Scottish clubs.“The result is likely to be a widening gap between the wages players are paid in Scotland compared with their English counterparts.“This will have worrying ramifications for the development of Scottish football as it is unlikely SPL teams will attract top players in the same way as clubs in England which will, in turn, widen the gap between wages in Scotland and England.”SPL clubs’ income fell across the board in the 2011-12 season.The biggest concern for the coming season was a drop in TV cash, followed by falling attendances at games due to the poor state of the economy.A third of SPL clubs believe the state of the economy will cause all sources of revenue to be down in 2012-13, apart from corporate entertainment.And Rangers dropping down to the Third Division may have made things worse.Barnett said: “It is likely that the financial concerns of many SPL teams will be heightened with the loss of Rangers from the league.“It is likely that some clubs will now be predicting an even greater fall in revenue and further worries about whether they can manage the gap between expenditure and income which the departure of Rangers has undoubtedly precipitated.“The problem is that many SPL clubs were facing a difficult year anyway but the changed circumstances of the league mean those difficulties may have become exacerbated.“Nobody can deny these are worrying times for Scottish football. But there may be something more positive which arises.“For example, this season Rangers are substantially increasing revenues among Third Division teams.” Quote Link to post Share on other sites More sharing options...
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