Date: 2nd January 2017 at 2:24pm
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Barry Ferguson has suggested that Sevco create a share issue in order to compete with Celtic.

Others have suggested that Barry leads by example and repays the £2m EBT that he was loaned by the old club prior to liquidation.

Fergie knows all about the worries of living within a budget as he attempts to get Clyde out of the bottom tier of Scottish football but fears that Sevco could be left in the shadow of Celtic for years to come.

While Rangers (IL) handed out EBT’s to players from their Champions League windfalls Celtic have invested their cash into scouting, buying and selling players while paying HMRC in full.

That sort of concept seems alien to anyone around Ibrox with Fergie explaining how his share plan would work to readers of the Daily Record: “Celtic are on a different planet financially. They have earned a fortune from the Champions League again. It’s hard for Rangers to stomach but second isn’t good enough and they will just have to somehow find a way to compete.

It could be a share issue further down the line to raise more cash or being shrewder in the transfer market. But it won’t happen overnight or by throwing millions and millions at it. It’s about getting the balance right.”

Rather than looking to see the club formed by Charles Green in 2012 evolve at their own pace Fergie reveals the motivation and dread that haunts him.

He added: “I hope we’re not sitting on Ne’erday 2021 with Celtic a similar distance ahead in the top flight and on their way to 10 in a row.”