Celtic Diary Wednesday May 27: It’s Happening Again…

Yesterday, “rangers ” were handed a licence to compete in European football,if there is any, next season.

 

This despite several concerns about their adherence to the rules. One “ongoing concern “, to be precise.

 

If they are allowed to participate, then the game is a bogey.

 

As you can see from this article, by Phil MacGhiollabhan, there are questions to be asked, and at least he’s asking them.

 

Phil’s piece

 

It’s all over the papers….headlines such as ” Another scandal in Scottish football ” , “Cheats can prosper ” , “They’re at it again ” and so on…

 

Oh, hang on, they’re not, are they ?

 

First of all, what did “rangers ” have to do to get a licence ?

 

Article 13, UEFA rules on club licencing…

 

1 The licence applicant must provide the licensor with:
a) all necessary information and/or relevant documents to fully demonstrate that
the licensing obligations are fulfilled; and
b) any other document relevant for decision-making by the licensor.
2 This includes information on the reporting entity/entities in respect of which
sporting, infrastructure, personnel and administrative, legal and financial
information is required to be provided.
3 Any event occurring after the submission of the licensing documentation to the
licensor representing a significant change to the information previously submitted
must be promptly notified to the licensor (including a change of the licence
applicant’s legal form, legal group structure or identity). 

 

The licensor is the SFA.

 

Clubs which qualify for the UEFA club competitions on sporting merit must obtain
a licence issued by their licensor according to the national licensing regulations,
except where Article 15 applies.
15
2 A licence expires without prior notice at the end of the season for which it was
issued.
3 A licence cannot be transferred.
4 A licence may be withdrawn by the licensor’s decision-making bodies if:
a) any of the conditions for the issuing of a licence are no longer satisfied; or
b) the licensee violates any of its obligations under the national club licensing
regulations.
5 As soon as a licence withdrawal is envisaged, the UEFA member association must
inform the UEFA administration accordingly. 

 

There then follows a list of conditions, most of which are basic contractual stuff…oh, and this one, which explains the Anyone Everyone nonsense of recent weeks…

 

Article 23

 

The licence applicant must establish and apply a policy to tackle racism and
discrimination in football in line with UEFA’s 10-point plan on racism as defined in the
UEFA Safety and Security Regulations.

 

then there’s the financial stuff…

Annual financial statements in respect of the statutory closing date prior to the deadline for submission of the application to the licensor and prior to the deadline for submission of the list of licensing decisions to UEFA must be prepared and submitted.

 

2 Annual financial statements must be audited by an independent auditor as defined in Annex V.

 

3 The annual financial statements must consist of:
a) a balance sheet; 

b) a profit and loss account; 

c) a cash flow statement; 

d) notes, comprising a summary of significant accounting policies and other
explanatory notes; and 

e) a financial review by management. 

4 The annual financial statements must meet the minimum disclosure requirements as set out in Annex VI and the accounting principles as set out in Annex VII. 

Comparative figures in respect of the prior statutory closing date must be provided. 

 

5 If the minimum requirements for the content and accounting as set out in paragraph 4 above are not met in the annual financial statements, then the licence applicant must prepare supplementary information in order to meet the minimum
29 

information requirements that must be assessed by an independent auditor as defined in Annex V.

 Article 47bis – Publication of financial information 

The licence applicant must publish on its website or on the website of its licensor by the date (which cannot be later than the date of the submission of the list of licensing decision to the UEFA administration) and in the form communicated by the licensor: 

a) the total amount paid in the latest reporting period to or for the benefit of agents/intermediaries; and 

b) the last audited annual financial information assessed by the licensor. 

Financial statements for the interim period 

1 If the statutory closing date of the licence applicant is more than six months before the deadline for submission of the list of licensing decisions to UEFA, then additional financial statements covering the interim period must be prepared and submitted. 

2 The interim period starts the day immediately after the statutory closing date and ends on a date within the six months preceding the deadline for submission of the list of licensing decisions to UEFA. 

3 Interim financial statements must be reviewed or audited by an independent auditor as defined in Annex V. 

4 The interim financial statements must consist of: 

a) a balance sheet as of the end of the interim period and a comparative balance
sheet as of the end of the immediately preceding full financial year; 

b) a profit and loss account for the interim period, with comparative profit and loss accounts for the comparable interim period of the immediately preceding financial year; 

c) a cash flow statement for the interim period, with a comparative statement for the comparable interim period of the immediately preceding financial year; 

d) specific explanatory notes. 

5 If the licence applicant did not have to prepare interim financial statements for the comparable interim period of the immediately preceding financial year, comparative figures may refer to the figures from the financial statements of the immediately preceding full financial year. 

 

6 The interim financial statements must meet the minimum disclosure requirements as set out in Annex VI.

Additional line items or notes must be included if their omission would make the interim financial statements misleading. 

7 The interim financial statements must follow the same accounting policies as those followed for the preparation of the annual financial statements, except for  30 accounting policy changes made after the date of the most recent full annual financial statements that are to be reflected in the next annual financial statements – in which case details must be disclosed in the interim financial statements. 

8 If the minimum requirements for the content and accounting as set out in paragraphs 6 and 7 above are not met in the interim financial statements, then the licence applicant must prepare supplementary information in order to meet the minimum information requirements that must be assessed by an independent auditor as defined in Annex V.

 

In addition, there can be no overdue payables to other clubs, their own employees, and of course, the taxman.

 

But the key is here, in Article 52.

This is the bit that should have the media asking questions, because based on what follows, I cannot see how they how they could have possibly qualified…, given that on their last set of proper accounts a going concern was notied, and they made reference to £10m being needed just to see out the season.

 

The licence applicant must prepare and submit future financial information in order to demonstrate to the licensor its ability to continue as a going concern until the end of the licence season if it has breached any of the indicators defined in paragraph 2 below. 

2 If a licence applicant exhibits any of the conditions described by indicator 1 or 2, it is considered in breach of the indicator: 

a) Indicator 1: Going concern 

The auditor’s report in respect of the annual or interim financial statements submitted in accordance with Articles 47 and 48 includes, regarding the going concern, either a key audit matter or a qualified opinion/conclusion. 

b) Indicator 2: Negative equity 

The annual financial statements (including, where required, the supplementary information) submitted in accordance with Article 47 disclose a net liabilities position (negative equity) that has deteriorated relative to the comparative figure contained in the previous year’s annual financial statements, or the interim financial statements submitted in accordance with Article 48 (including, where required, the supplementary information) disclose a net liabilities position (negative equity) that has deteriorated relative to the comparative
figure at the preceding statutory closing date. 

 

3 Future financial information must cover the period commencing immediately after the later of the statutory closing date of the annual financial statements or, if applicable, the balance sheet date of the interim financial statements, and it must cover at least the entire licence season. 

4 Future financial information consists of: 

a) a budgeted profit and loss account, with comparative figures for the immediately preceding financial year and interim period (if applicable);

b) a budgeted cash flow, with comparative figures for the immediately preceding financial year and interim period (if applicable);

c) explanatory notes, including a brief description of each of the significant assumptions (with reference to the relevant aspects of historic financial and other information) that have been used to prepare the budgeted profit and loss account and cash flow statement, as well as of the key risks that may affect the future financial results. 

 

5 Future financial information must be prepared, as a minimum, on a quarterly basis. 

 

6 Future financial information must be prepared on a consistent basis with the audited annual financial statements and follow the same accounting policies as those applied for the preparation of the annual financial statements, except for  35 accounting policy changes made after the date of the most recent annual financial statements that are to be reflected in the next annual financial statements – in which case details must be disclosed. 

 

7 Future financial information must meet the minimum disclosure requirements as set out in Annex VI and the accounting principles as set out in Annex VII. 

Additional line items or notes must be included if they provide clarification or if their omission would make the future financial information misleading. 

8 Future financial information with the assumptions upon which they are based must be approved by management and this must be evidenced by way of a brief statement and signature on behalf of the executive body of the reporting entity.   

 

 

All of that, and more, most of which makes the decision even more, er, strange, is in here..

 

UEFA

 

 

 

The SFA have ignored this, just like they ignored a crystallised tax payable back in the days of the old club.

 

If Celtic…and the other clubs who make up the SPFL do not act, and the new club compete in europe next season, then we have learned nothing from the previous episode.

 

We will be allowing one entity to breach the rules and destroy any integrity that was left in the game, and when that happens, fans , sponsors , advertisers and investors simply put their money somewhere else.

 

If I’m wrong, and when the Ibrox pitch was dug up they found the roots of a magic money tree, then I apologisw unreservedly for blackening the name of the SFa and the others in their little fiefdom.

 

I would be mightily surprised if I am, though.

 

And even more surprised if those at the SPFL, those in the media and those at Ibrox could show me how.

 

I think we know why they can’t, and if they think that those who actually pay for Scottish football are going to put up with it again, they too, will be mightily surprised.

 

It’s time now to make our voices heard.

 

Football is our game, not theirs.

 

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por cierto

This just shows the utter contempt the SFA has for football fans in Scotland. Where is Aberdeen? Why are they not asking questions here? They stand to get this spot. Maybe they don’t want it as it probably loses them money, in the early rounds, por cierto

Let’s all bombard the SFA with tx and keep reminding them sevco must, like all other clubs, submit accounts, which they seem to think does not include them, or are they just following Dominic Cummings, one rule for them, and another for us.? Things do not change much then!!

portpower

Scottish Professional Football:
Subject to one’s whims because of palm-greasing.

The flagitious SFA Rite of ums & ahs.

alzyerpal

The only thing standing between us, the fans, and justice is us, the fans. Until such time as we really put the board’s (and SFA’s) feet to the fire, financially, then sevco (and SFA) will continue to drag Scottish football deeper into the abyss. I realise It’s difficult for supporters to even consider hurting Celtic, in any way. But it is definitely a case of ‘short term pain for long term gain’. To continue financing a loaded game makes it hypocritical to continually accuse the Huns of being ‘Gullible’.

DixieD

The rules stated above require a club to post its financial returns for the interim period on its website, or on the website of the licensor (SFA) in order for a license to be granted. Has this EVER happened. I don’t recall seeing any clubs financial returns being posted like this. Has anyone seen the Sevco financial returns??

SteveNaive

Mike,
I remember your lead on Larsson. Was just debating with myself whether or not his return as a coach would be equitable to Duff who, by all accounts, did a good job.
Seems it won’t happen now anyway but we need a good signing in there.

Monti

Personally i’d give the European licence to Dundee!

portpower

Are they team or clause 12?

Monti

They are popular 🙂

Mike

Steve talking to yourself is a no-no, but that aside you are perfectly correct, there are a few good men out there, Celtic minded men, who could do a good job supporting Lenny.

portpower

Alan Thompson`s just joined twitter.
Would/could Neil?

The licensing process is confidential between a member club and the SFA. It is a tick box exercise not worth the paper its re lied upon. It has to be much more transparent and subject to more UEFA audit. Not sure from memory if any was ever done on an application by a club as opposed to the process itself. Not on a Scottish club that can be identified by UEFA’s audit department report but I’ll check. Remember Andrew Dickson is viewed as an expert in football administration and knows the rules back to front and prepared to find interpretations… Read more »

portpower

Andrew faire inciter Dickson. One of only 2 paid directors of the New club’s operating company. C/O Video Celts. Andrew Dickson submitted Mr Whyte’s application to be a football club director to the SFA in May 2011 just as the £2.8m core tax bill arising from the wee tax case dropped through the Ibrox letter box. In his role as an experienced administrator regarding club licencing he would have advised RFC Finance Director Ken Olverman how to report the status of that bill to UEFA. For reasons unknown, despite his horrendous track record, having withheld the side letters detailing EBT… Read more »

portpower

Auldheid,I always called Dickson,
‘The Chauffer.’

portpower

Andrew Dickson was paid a £33,000 EBT.

Rob O'Keeffe

UEFA,riddled with corruption.SFA,riddled with corruption.r******* ,totally corrupt.Lamestreamedia in Scotland mostly favour the latter.So,forget about hard hitting pieces about this debacle from them.If the SPFL clubs won’t have an “investigation ” regarding this matter,then,Celtic either shut up shop or shut up and keep Winning Everything For Ever and Ever……that would annoy them slightly more than “losing” a licence during a time when Euro football isn’t even guaranteed to take place,especially if a second wave hits continental Europe…..more Prozac and Guinness please,does Dom do deliveries?

Con

And what will happen?

Yet another in a long line of pointless articles.

Sorry to say

The Name Of The True Rebel

All pointless articles on all the blogs nowadays, Con, all the authors are interested in is keeping Theo parochial idiot talking shops going. It’s like the steamie used to be for women, a place to let aff steam about their husbands. In these idiotic ‘Celtic blogs’ case, their ‘husband’ is Sevco/the SFA and Celtic are their battered wife who refuses to call the cops on the c@nt because they’re all in it together in extracting the cash from football supporters. If Ralphie/Ritchie really wanted change he’d have these fool readers of his standing outside Hampden every day. Instead he just… Read more »

The Name Of The True Rebel
Kenny Mac

The rules are being broken yet again for Scotland’s shame. What infuriates me is if uefa make these stringent rules why do they not ask each country’s federations to pass on said information, or it makes a complete mockery of setting rules in the first place! These officials are highly paid muppets and leave the door wide open for certain clubs (club) to lie and cheat the real qualifiers out of much needed money source. HAIL HAIL.

Mike

They remind me of a sick animal, sick being the operative word, taking succour from everyone and anyone. Their teats in the Scottish press, TV. Sky et al. But what makes me sick, is that my own club also gives them succour, when all they had to do was give them the “coup de gras”. The SFA. is their suckler cow, bending and making up the rules to make them better, letting them suck as much as they can on their many teats, led by the bull shaped donkey the SFA. president, Mr. Heavily Conflicted Petrie. Time to bring in… Read more »

Mike

Its gone again skipped to the loo my darling.

portpower

Ive just explained to the wee Mhan(3yo),dont argue with your Mum and Nan because itll all end up in the adjacent matrix from the original subject.
They
ll have you in their belief of thought!

New Scottish FA chief executive,Ann Budge?

Rearranger of Scottish Professional Football.

charlie

aint that the truth port hope you and yours are well mate tell wee spenser tae agree then if they disagree ..agree wae that anaw its usually fur the best heh heh

portpower

Same to you and yours charlie.
thus 9IAR, wee Spencer and myself need listerine from singing out the back.

The next Grand Bambinoll(due on the 25th) be here with us out the back, operatic for the XIAR.

Aint huns cross.

charlie

congrats port wan mer and yool have a barbershop quartet heh heh

Benjamin Lynch

Two points: (1) the requirement that interim financial statements be published on the clubs’ website is has clearly not been met. That is a black and white issue which could (and should) be the basis of any appeal to the UEFA control body. (2) UEFA’s regulations restrict those who can appeal to only those clubs who are being disenfranchised by the improper granting of a license. In this instance, Motherwell have standing as a successful appeal would result in them entering the EL in the 2nd qualifying round instead of the 1st round; and Livingston would also be eligible to… Read more »

According to Companies House Next Statement is due 29th May. Published 12th June.

portpower

The kinds of law hasn’t caught up with the Next Statement.

sevco lower than the top FC.

Cartvale88

It is a farce, but this farce is supported by the other clubs in Scotland plus the fans that attend Scottish Cup games and National games. I stopped doing this in 2017 and believe that the Green pound has muscle. PREMIER sports is also not an option. A bit like The buses why are the club so subservient

Monti

Oh fuck off with that ‘ fans who attend Scottish cup games ‘ pish.
We go to see Celtic win & hopefully put on a show….not to fucking support the SFA!

The Name Of The True Rebel

So to get rid of the SFA you give them your money, Monti?

Please explain.

For the surest way to rid the game of these parasites all we need do is withhold our money and watch how quickly their house of Masonic cards collapses.

Money is their life blood.

Stop the supply then watch them die.

Couldn’t be simpler.

Monti

The explanation is above in the reply to sergeant bilko.

We go to support the team & back them to the hilt.

” They are there they are always there ” – Tommy Burns

The Name Of The True Rebel

See why Celtic are so subservient in my reply above, CV.

It’s because they’re sub servants to Sevco/SFA in the Masonic hierarchy.

Monti

Here we go again ” it’s the masons “?
Did the masons stop Celtic doing the first 9 in a row?
Did the masons stop Celtic winning the european cup in 1967?
Did the masons stop original rangers going into administration?
Did the masons stop them being liquidated?

Well?

The Name Of The True Rebel

No, Monti, Freemasonry allowed all of that because Freemasonry wholly owns & runs the game and has done since the very start. The only reason Andrew Kerins’ plans even came to fruition was through the tacit agreement of these Freemasons who saw the benefits of having a team for Rangers to piss all over while keeping S Roland divided at the same time. Indeed the first formal meeting held to discuss the formation of Celtic was NOT at St Mary’s in the Calton as recorded but was in fact in the Bethany Hall on Tullis St in Bridgeton just up… Read more »

portpower

C/O Rangers(IL) Tax Case. It is interesting to see Mr. Dickson try to duck questions around player registration and the requirement to declare of all payments related to playing football. In defiance of logic, Mr. Dickson just sticks doggedly to his (presumably coached) lines of “we didn’t think we had to”. Had he endlessly answered “because We Are The People?” for a whole day under oath it would have made as much sense. It is quite a long read but worth the effort for anyone who wants to understand how the ailing mammoth that was Rangers ended up dying in… Read more »

Jonathan

Impossible , they do not fulfil important criteria . How is this possible?

The Name Of The True Rebel

Handshakes.

Mike

Sometimes an expression can capture a meaning in its full entirety, like-“Oh what a tangled web we weave, when first we practice to deceive”. Sir Walter Scott’s expression describes the Sevco licence application and conduct fully. When you tell lies or act dishonestly you have to expand on the lies to cover up the original lie. *Rangers told lies to receive a licence to enter the 2011-12 C.L. We know this because of the Resolutioners inquiries. When you tell lies or act dishonestly and are backed in this dishonest behaviour by others, the (SFA) and the MSSM and others, then… Read more »

The Name Of The True Rebel

The game is a bogey.

It has been since the 80s.

Good to see you all finally catching up.

portpower

Good health and well-being to you Walter Smith.

SteveNaive

To Pistol Pete, We are amazed but not amused By all the things you say that you’ll do Though much concerned but not involved With decisions that are made by you But we are sick and tired of hearing your song Tellin’ how you are gonna change right from wrong ‘Cause if you really want to hear our views You haven’t done nothin’ Ow It’s not too cool to be ridiculed But you brought this upon yourself The world is tired of pacifier We want the truth and nothing else And we are sick and tired of hearing your song… Read more »

Mike

😉

Monti

Steve,
If you, like me have a few issues with PL, don’t listen to the recent Etims podcast…
I was fucking spewin.

portpower

Could Christopher or Kristoffer defend against Odsonne?

portpower

Invincibles.
Celt it into place.

portpower

sevco FC novated lease an Automobili Lamborghini to Ianis.

The Name Of The True Rebel

Penis Tadgie

Whitearra

No repeat of 2011/12 Lawwell! Bombard both the SFA and our ‘club like no other’ regarding the Rangers* licence. The SFA may not give a shit, but withholding funds from Celtic might, might get Lawwell off his highly paid arse. When was FFP ditched? If we as supporters accept this without some sort of outcry, we deserve the Board and the SFA we have. Demand your refund now! Do not pay season ticket money! They can stick merchandise up their arses. Until something meaningful is done give them fuck all!

Robert Carson

Let’s start a petition

Monti

Fuck off Zombie

The Name Of The True Rebel

Petitions change nothing.

Don’t buy anything off them but go to the the ground every day en masse and tell them why you’re withholding your cash til this shit changes.

Bear in mind, however, that this kind of direct action only works when you do not give them one more penny.

Then watch the c@nts squirm like no other.

Save Celtic Sack The Board

Friesdorfer

Well said.

Holysmokes

’fans , sponsors , advertisers and investors simply put their money somewhere else.’ I disagree. None of the above have any vested interest in changing the status quo, rocking the boat, except the fans. If the fans start demanding change then change happens or all of those dominoes start to fall.
’It’s time now to make our voices heard.
Football is our game, not theirs.’ I agree.

The Name Of The True Rebel

‘Football is nothing without the fans.’

It’s even less without their money.

Funkyy

“If I’m wrong……then I apologise unreservedly for blackening the name of the SFa and the others in their little fiefdom”.
Ralph, I think you meant “thiefdom”…has a better ring to it!!

Mike

When you think about it, “Its Utterly Butterly. For we were in Heaven for Seven 😉 <7

Feeling fantasticly great at Eight 😉 <8

Really played sublime for Nine 😉 <9

As we enter the lions den for ten 😉 <10

Good luck Celtic our history makers.

On this day May 28th 1888.
Celtic 5 Rangers 2 and so it began at Celtic Park.
The Scottish Catholic Observer 16th June 1888:
“The first time they [Celtic] had the Rangers, a first class team, all will admit, and who had to lower their colours on leaving the field, as the Celtic beat them by five goals to two, not a bad start.”

Review
“It would appear as if the newly-formed Glasgow club, the Celtic F.C., has a bright future before it.”
The Scottish Umpire (1888)
Little did they know how bright
HH

Jimmybee.. yes, shining bright 🙂

Weered sorry for the late response thoroughly enjoyed the Belfast Celtic podcast the other night. Great presentation. Must have been some pitch to play on for the great Stanley Matthews to comment on. HH.

Jimmybee the rest of the talks should be good. I’m glad you enjoyed the last one 🙂

Mike

First we had Onion Bhagi,
Now we have Hunion Hagi,
Bringing tears to the eyes of the Celtic support.

I’ve always had a wee soft spot for the Hibs. Maybe reading our history and how we basically hijacked their best players is something to do with it. Of course Hibs backed the sfa to take down the tricolour in the 50s maybe they were still angry at us, but the chairman at that time also took down the Harp and Shamrock from their stand.So maybe he was got at by the SFA,I believe he was the first non catholic chairman of Hibs. So as today we celebrate our first ever game and victory over rangers* I think it’s important… Read more »

Puggy67

Donegal branch?

Puggy67

Where abouts?

Monti

I thought your surname was arsehole?

Monti

7 out of 7 donkey boy!

Monti

” he halted this bhoys progress “?
Oh did he?
Strange that most if not all of the players who played under Brendan, said he improved them as players.
…..anyway.

The Name Of The True Rebel

‘ We combine biometrics such as face, voice and fingerprint with device-binding, geolocation, and other factors to establish the highest levels of trust.’

They mean, ‘If you look shady we’ll pull you off the street without charge and torture you for fun.’

Just like the old Glasgow Police used to do to us back in the good old days but at least they’d let us go home to our families when it was over.

https://www.daon.com/

You mad about ETims or just plain mad? Why not buy the t-shirt at http://etims.spreadshirt.co.uk/