Bill

GvB will still be our manager at the end of next season. You can take that to the bank.

🤣

Sometimes it's the small things that reveal most. BBC Scotland's coverage of Celtic's drubbing at home from RM introduced us to the new stock phrase when their team is losing ... "Celtic is a club going in the right direction". This strange mantra was repeated verbatim by at least 4 commentators on TV and online in what is clearly a rehearsed and coordinated use of select language to assuage the faithful in times of trouble.

Any idea how Tav's defensive stats compare.

I wonder what is actually going on. It's clear the Record has no idea. I wish we'd go back to banning quotes from the Sun and the Record. It's always bullshit.

We'll end up in legal action to recover costs from the SPFL

Ha ha isn't that the truth. You should know by now, everyone is an expert - "I watch football so I know how to manage a football team" - "I've been to school so I'm an expert on education" - "I've been to a bank so I'm a finance expert". It explains a lot about why we elect so many idiots to parliament. Seriously, the reaction to Saturday's debacle shows why fans should never be allowed to own and run Rangers.

That's taking offendedness to a new level 😂

A bit melodramatic don't you think. We got horsed, there are problems, it was gut-wrenching to watch. But hey, we're still drawing breath and tomorrow is always another day. What is it they say, our day will come 🤣

Yes, you make very good points but I think quoting revenue figures counts for little in itself. What makes a "big" club is being able to spend big and with the financial freedom to spend when you want to. That means the ability to generate either profit or debt - whether operating profit or through realising assets. Since FFP is intended specifically to stop clubs spending beyond their means (ie accumulating large and inappropriate amounts of debt), being a big club in financial terms means being profitable over UEFA's 3-year assessment period. On that basis I don't think we are so big yet ... but I admit I have little idea how other clubs compare in these terms. I'm still not sure what is counted in or out of FFP arrangements. If you take the director loans that were converted to equity, the loans are surely income in cash terms (we certainly used enough of it to service debt), while the sale of shares to cancel out the loans are an income-neutral movement on the balance sheet. What then if there's a new share issue to all-comers, is the cash generated counted as income ... it seems to me it should be in terms of how much we can then spend within FFP constraints. I'd love if one of our money mechanics could shed some light on this.

It is in financial terms I'm afraid

Tanganyika was a far better name. Why these locals have to mess with our maps is beyond me. Same as Nyasaland, which I'd barely learned to spell when some other numpties had to change it. (it's a slow day)

Can he play wide right?

It should be becoming clear to everyone just how much the club was damaged in 2012 and how hard the climb back up really is. Winning 55 was always on when they announced Lennon was returning, otherwise I doubt it would have happened, and reaching Seville was some kind of a miracle that I still don't understand - but I think these also served to wake up the people in the east and remind them to strengthen their own efforts. I fully expect we will be the top dog again but more time is needed.

I thought it raised the quality of the topic by an order of magnitude.

But surely if it's excluded then we ought to be able to spend more rather than less. No? Edit - belay that, I see what you mean be excluded now. Sorry.

It has a bearing on all clubs

Fück off. 😁 I've always been civil 😉

Two comments... Refreshing the mission is always useful, to the extent it clarifies the objectives and unites the club. I also agree this would be a good time to do so and that should largely be the business of any AGM. To compete fully, we must first repair our financial position that only a year ago was still perilous. That will take more time than it seems many fans expect, which only leads to the sort of frustrations we see all around us. Even then we still need to conduct our affairs properly, both on and off the field.

Per the UEFA website ... "Currently, clubs can spend up to €5m more than they earn per three-year assessment period. However they can exceed this level to a limit of €30m, if it is entirely covered by a direct contribution/payment from the club owner(s) or a related party. According to UEFA, the idea of this was to 'prevent the build-up of unsustainable debt'." Does anyone understand whether the loans from shareholders, that were then converted to equity, are included in or excluded from FFP assessment?

I think that's entirely reasonable, if a tad ambitious. Were it to be achieved I think it would be weighted towards the far end of that period.

I think the board has expressed a fairly clear strategy, given the uncertainties they have to try to factor in and the inherently unpredictable nature of sport-based businesses. Whether or to what extent it's going to be successful, I've no idea. I think one valid point that has been made several times is the need for far better communication between club and support ... not that the board can open it's books to everyone for obvious reasons but in terms of general direction and intention, much improvement is needed.

What are your limits to asap? Two years from now, three, more?

It's always counterproductive.