“Do you wish to rise? Begin by descending. You plan
a tower that will pierce the clouds? Lay first the foundation of humility.” The
words and thoughts there of St Augustine the Latin philosopher and theologian. A
Wise choice of words I believe when looking at how to aspire to greater heights
though I suspect they would be sadly lost on one man north of the border. If
you’ve fallen from grace before you consider how to rise again wouldn’t you be
better off to show some humility in doing so? It seems not so in the case of
Rangers new owner Charles Green who some might say has gone on the record with
some ill advised comments aimed at City rivals Celtic and the state of Scottish
football financially.
When the old company
went into administration it owed up to £134 million to unsecured creditors before
it was eventually liquidated. Whilst the exact financial knock on affect is yet
to be seen on Scottish football of the old clubs liquidation it’s widely
predicted that it will have a massive detrimental effect and could potentially
see some smaller clubs pay the ultimate price and go to the wall. Given this
fact and claims from clubs like Stenhousemuir FC that they will have to scrap
their youth system in order to be able to survive and you would think that
Rangers new owner Charles Green would be somewhat careful in regards to what he
has to say about building for the future.
Charles Green it
would appear is akin to a bull in a China shop.
Yesterday saw Rangers
win their Ramsden’s Cup first round tie away to Brechin City 2-1 in a tightly
contested cup game which went into extra time after Rangers has taken the lead
within the first five minutes. The good news for the Scottish game is that the
travelling support is believed to have contributed around £30,000 to Brechin
City’s coffers, the bad news is that it seems Green can’t resist having a dig
at City rivals Celtic. Before the game Green went on record as stating he
believes that his new company will be financially stronger than current
Scottish Champions Celtic in a year.
Rangers are aiming to follow in the footsteps of Scottish league teams
Gretna and Livingston who have both successfully climbed their way through the
leagues and into the Scottish Premier League. Despite no longer receiving
income from European matches after their subsequent relegation and punishment
for liquidation for at least three years Green is confident about the new club’s
short term financial prospects.
Green
went on record stating; "If you look at the balance sheets at the end of
next season you should see the strength of the two companies.
"We
are in the third division and Celtic are in the SPL and what I'd like you to do
is promise me at the end of the season, when all the games are played, examine
the balance sheets of the clubs and tell me which one is strongest.
"Let's
see who has got the strongest balance sheet. We've not got the debt that any of
these clubs have.
"On
the last day of the season I would really enjoy some clever financial analyst
looking at the balance sheets and debt-to-equality ratio of every club in
Scotland."
Yes
– these are the words of a man who’s just set up a new company after the demise
of the old one which went into liquidation owing £134 million to unsecured creditors.
Ladies and gentlemen, boys and girls, members of the jury do you think it is
wise to start trumpeting the fact that you haven’t any debts whilst the old
Rangers went into liquidation owing so much money? Do you think it’s wise to
bring such matters up when clubs in the Scottish Premier League like their
English counterparts have spent beyond their means in an attempt to keep their
position in the league which in the case of the SPL and like La Liga has been
dominated for so long by just two teams? Celtics debts if any will have been
contributed to by trying to compete with the old Rangers Company in the first
place. You’ve been allowed to continue to use Ibrox; an all seater stadium with
a capacity of 51,802 so for every home game if you only charged a tenner and
sold out every seat your match day income would be over half a million alone
before programme sales, food and drink sales etc where included into that tally.
Given that many of the team’s highest earners have been removed from the wage
bill will be another testimony to the chances of ending the season in the black
and not in the red for once.
So
whilst you might be correct in your claims Mr Green wouldn’t it be wise to just
think them rather than say them as if you are some sort of moral hero. Whilst
you may not have been the man that created so much debt in the first place
there are many, many people who will have suffered as a consequence being amongst
those who were owed part of the £134 million. Do you think they want to have to
read the types of comments that you raised yesterday? Just one more kick in the
balls as far as I’m concerned.
So
Mr Green would surely stop there would he not making ill advised comments and
rubbing the noses of others into the ground that have lost money after the old
companies liquidation. No it appears Mr Greens levels of decorum are akin to a
snow ball rolling down the side of a hill; by the time they stop they have
created a full on avalanche.
So
having been so disregardful of the old company Rangers part in the debts now acquired
by fellow members of the Scottish league he then sets about a vitriolic questioning
of the future financial viability of Scottish football.
Green
as part of negotiations to acquire membership of the Scottish FA agreed a deal
which will allow Ranger’s matches in the Third Division to be shown as part of
the SPL’s broadcast offering. Something I’m sure wasn’t offered to the nine
other teams competing in the Scottish leagues bottom tier. Watch how Mr Green
distances his new company from the mistakes of the old one yet still retains Ibrox
and all its potential benefits. On why they agreed to the deal;
"We signed up to the TV deal because we don't
want to be held responsible for the downfall of Scottish football," Green
told the Rangers website.
“This is not
the end of the problems for Scottish football”
"But someone is responsible for the demise.
"It's the end of the problems for Rangers but
it will be the beginning for many other clubs. I think it will hugely difficult
for Scottish clubs.
"There is no doubt Scottish football has been
going downhill and if you look back in history, as I can as a non-conflicted
outsider, to 14 years ago when the SPL was formed and since that time Scotland
hasn't qualified for a major competition.
"Incomes have not grown and there really has
to be a look at where Scotland as football business is going."
Yes Mr Green really did say the words "But
someone is responsible for the demise.” Would that be the same way someone in
the old company was responsible for such huge levels of debt which are set to
have a knock on affect on the whole of Scottish football?
"If we had come to the table with a clean
piece of paper then we wouldn't have signed up to the agreement but the
realities are there have been historical misdemeanours and this is the price we
have paid," Green said.
"We were on the outside trying to get
membership of the SFA and they set the rules and the regulations.
"I'm interested to see how things will be
applied in the future because this is not the end of the problems for Scottish
football.
"We'll make a lot of friends along the way I'm
sure and while our former friends have the difficulties they are going to face
Rangers and the fans will have an enjoyable few years walking through the
divisions."
Mr Green also indicated that there shouldn’t be any
job losses as a result of Rangers having to start the new season in the bottom
tier of Scottish football whilst clubs like Stenhousemuir are looking at having
to scrap their youth system and community support workers in a bid to stay
afloat.
So for Mr Green everything is bright for Rangers
whilst piled somewhere in a back office in the Ibrox stadium are the past of misdemeanours
of Rangers pilled under a carpet ignored and nothing to do with his new
company. The new club has washed its hands of the problems of the past and
distanced themselves as best they can from anything that went on previously yet
are indebted to have transferred £5.5 million worth of assets into the new
company including Ibrox which should see them finish this season in the red
whilst other clubs are struggling to survive and having to cut costs.
With the starting line in sight for Pompey in the
next few days let’s hope that Mr Chanrai has the common decency to keep his
mouth firmly shut as we head into the future. We can’t and won’t shy away from
the mistakes of the past as we look to rebuild for the future.
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