You have to laugh at Scottish football and its so-called financial experts. Recently I read a piece by Neil Plumley, a supposed football finance expert in the same vein as our good friend Kieran Maguire. He talks just as much nonsense.


I sometimes wonder where they find these guys and what their qualifications are to call themselves football finance experts.


There are people who really understand football financing. You can tell who they are because they can actually read a balance sheet and accurately report what it says. That excludes almost everyone in our mainstream media, including many of these self-proclaimed gurus.





Of course, if you want to call yourself an expert in football finance, you need to understand at least the basics, such as the bottom line: the main number that shows whether a club or company has made a profit or a loss. This is one of the most basic and straightforward parts of accounting, yet these so-called experts act like it’s rocket science.


The Ibrox club is in a desperate race to cut costs to the bone – we all know that. They recently admitted it during their General Meeting. They shared that freely with their own fans. They are trying to reduce their debts, get the wage bill under control and find a smarter way to deal with transfer expenses. Last year the numbers were a car crash, and this year it looks like they will be even worse.


So when I recently read Plumley’s piece claiming that Ibrox could afford to spend £4m on Lennon Miller in the January window, I was reminded of a recent Ibrox News article which suggested that this might be the right time for Morgan to take action. Whittaker.


Whittaker, who she snubbed twice, would cost an eight-figure sum. But in the context of where they stand financially, both suggestions are equally ridiculous.


If you ignore profit and loss figures, ignore UEFA’s financial sustainability rules and pretend £17m of debt doesn’t exist – along with directors fed up with bearing those costs – you can’t just so aim for the stars. With the club facing increasing challenges this season and perhaps even having to sack a manager before January, articles about spending £4m sound as ridiculous as you can get, and so I find an article in the fan media suggesting to spend £10 million on a player has no less credibility than a so-called financial expert claiming he can spend £4 million.


The reality at Ibrox borders on catastrophic. Their own directors made no attempt to hide this during the AGM. It amazes me how many people, both within and outside of their support base, don’t seem to understand the magnitude of the problems. You would think that someone whose livelihood depends on understanding money could put two and two together and understand this.


I’m not sure whose interests this nonsense serves. All it does is raise the expectations of Ibrox fans, giving them the impression that a spending spree is imminent. If that doesn’t work, it will cause even bigger problems for the club. And yet these so-called financial experts continue to push crazy interpretations of the accounts.


The Ibrox board may have tried to hide some of the finer details, but they recently set out the issues they face. They knew it was better to temper expectations and tell the truth. When asked about Vaclav Cerny, Clement actually said outright that with a fee of £6.5m they can’t afford to keep him at the club. Miller would cost less, but not enough to matter. We all know they have to pull some sort of rabbit out of the hat in January to give their fans hope, but it won’t be a £4million rabbit and although they have talked about signing younger players, this is too rich for them blood.


The Ibrox hierarchy cannot afford for their fans to continue to listen to these ‘experts’ and live in a fantasy. It helps no one – not the club, not its position, and not the so-called experts themselves. If the money isn’t there and the spending isn’t happening, what do they think comes next? The blame game does. And it will be addressed to them.


The first episode of our relaunched podcast, The Trinity Tims, is now live. Please like, subscribe and share people. We call this the opening goal.





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Nebraska medical marijuana legalization is closer to reality after judge's ruling but an appeal is likely
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Nebraska medical marijuana legalization is closer to reality after judge's ruling but an appeal is likely
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Nebraska medical marijuana legalization is closer to reality after judge's ruling but an appeal is likely
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US woman finds marijuana instead of burrito in package she ordered from Uber Eats
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Nebraska judge's ruling edges the state closer to legalizing medical marijuana - ABC News
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Nebraska judge's ruling edges the state closer to legalizing medical marijuana - WDRB
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Lancaster County District Court rules decision to legalize medical marijuana in Nebraska should s...
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Nebraska judge's ruling edges the state closer to legalizing medical marijuana - Delta Optimist
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Nebraska judge’s ruling moves the state closer to legalizing medical marijuana - Toronto Star
Published 18 hours ago
Nebraska judge’s ruling edges the state closer to legalizing medical marijuana - Toronto Star
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Nebraska medical marijuana legalization is closer to reality after judge’s ruling but an appeal is likely - KOB 4
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Nebraska judge dismisses challenges against medical marijuana petitions - Omaha World-Herald
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Verdict reached in case over legality of medicinal marijuana in Nebraska
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Nebraska judge sides with medical marijuana advocates in petition signature case
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Mankato city council passes cannabis retail ordinances - KEYC
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Verdict reached in case over legality of medicinal marijuana in Nebraska - Nebraska Public Media | News
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Nebraska voters decision to legalize medical marijuana will stand - KETV
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Two applicants from Owensboro among first selectees for medical cannabis dispensary licenses
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Kentucky Awards First Medical Cannabis Dispensary Licenses - Benzinga
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Judge rules in favor of Nebraska medical marijuana petitioners - WOWT
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Democrats Make Last Plea to Biden to Change Marijuana Law Before Trump
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District judge sides with Nebraska medical cannabis ballot sponsors in legal challenge
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Democrats Call On Biden to Limit Marijuana Prosecutions Before End of Term
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District judge sides with Nebraska medical cannabis ballot sponsors in legal challenge - Nebraska Examiner
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Federal Health Officials 'Rejected' DEA's Request To Testify At Marijuana Rescheduling ...
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Flatliners - by Todd Harrison - Cannabis Confidential - Substack
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What to expect from next week’s cannabis rescheduling hearing
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Bellevue family 'ecstatic' over medical marijuana lawsuit's dismissal
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Kentucky awards 1st medical cannabis licenses to 36 dispensaries around the state - WDRB
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St. Louis County Board approves cannabis ordinance - WDIO
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Carlton County bans marijuana consumption in public spaces - Cloquet Pine Journal
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Medical Marijuana Texas - Dr. B's Compassionate Care
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Colorado Springs Narrowly Legalizes Recreational Cannabis Sales, but Questions Still Remain
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DEA Posts Details On Next Week's Marijuana Rescheduling Hearing, Including Live Stream ...
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Kentucky issues medical marijuana permits amid out-of-state controversy - Marijuana Business Daily
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Lancaster County District Court rules decision to legalize medical marijuana in Nebraska should stand
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DEA to Hold Hearing on the Rescheduling of Marijuana
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Federal Marijuana Banking Legislation Could Still Pass By Year’s End, But Time is Running Out
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Germany-bound traveller from Canada caught carrying 45 kilos of weed in her luggage: Toronto Airport RCMP - CP24
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Ohio Lawmakers Want to Make Cannabis Illegal Again
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Nebraska judge's ruling moves the state closer to legalizing medical marijuana
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Ohio Bill Would Crack Down on Intoxicating Hemp Products - Cleveland Scene
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What's next for Nebraska medical cannabis, paid sick leave, abortion, school choice
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New York's Legal Marijuana Market Set To Pass $1 Billion In Sales By End Of 2024
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Kentucky Holds Lottery To Award First Medical Marijuana Dispensary Licenses
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Biden Should Expand Marijuana Pardons And Issue New Cannabis Prosecution Memo Before His Term Ends, Lawmakers Say - Marijuana Moment
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Florida approves 22 applicants for medical marijuana dispensary licenses
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Sioux Falls woman cited for weed, more - nwestiowa.com
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How Ohio’s recreational marijuana sales compare to Michigan
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Mankato limits cannabis retailers to four, sets strict zoning rules
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Pair convicted on cannabis charges to be deported to Malaysia - BBC
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Students learn about the dangers of cannabis - The Southern News
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Nebraska Judge Dismisses Legal Challenge to Medical Marijuana Initiatives Approved by Voters
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