Ally McCoist has warned Graham Wallace of the consequences for Sevco of attempting to live within their means.
After McCoist’s traditional seems-like-a-good-guy/shares-the-same-ambitions-as-me welcome to the new club’s latest Chief Executive the realities of 18 months of Gretna-like overspending are beginning to be felt around Ibrox.
With the cost of a five star stadium and state-of-the-art training complex eating up the best part of £10m a year slashing the playing budget is the most likely source of savings to keep the club solvent.
However it’s highly unlikely that anyone will offer a transfer fee for stars like Dean Shiels, David Templeton, Steven Smith, Dick Foster, Steve Simonsen, Andy Little, Ian Black, Emilson Cribari or Ross Perry meaning that the club may be forced to pay players to leave as they did earlier in the season with Carlos Bocanegra and Dorin Goian.
Massive playing cuts and a hike in season ticket prices are needed to keep the Third Division champions afloat but despite the seriousness of the situation McCoist has his attention set on toppling Celtic!
“If I have a budget of £3million and Celtic have a budget of £20m then it would be extremely difficult to compete with them, an enormous task,” the £850,000-a-year Ibrox boss explained. “Rangers and Celtic have always had the highest budgets.”
While Celtic invested in their stadium, infrastructure and scouting network to build their business up it seems that McCoist wants to fast track his way to the top.
In order to have a £20m playing budget Neil Lennon has had to sell players like Aiden McGeady, Gary Hooper, Victor Wanyama and Marco Fortune while maintaining payments for Income Tax and National Insurance to HMRC.
Tough decisions have had to be made at Celtic to reach the current levels of performance with income coming from three main sources- ticket sales, commercial deals and participating in the Champions League.
Sevco income is almost solely dependent on ticket sales with McCoist giving his traditional conflicting views on the need for supporters to stick with the club and avoid a ticket boycott.
“The fans must continue to buy season tickets if the club is to survive, improve and progress,” he explained. “I’m sure, the way things look at the moment, there’s no appetite for talk of boycotts but I won’t tell the fans what to do. All I can do is state they will have a major bearing on how we move on from here.”
Sevco Financial Director Brian Stockbridge recently told a meeting with supporters that the club would have £1m in April, a month before season ticket renewal forms are sent out.
A £3m playing budget would allow McCoist to have 20 players on £3,000 per week which is more than triple the SPFL Premiership average.
My 2 bhoys are getting more spent on the for their Xmas tha allys getting for his budget hail hail and merry Xmas bhoys and girls
Santa, for Xmas could I have Rangers death certificate?……please!
GIRFUY McCoist!
Sleekit coming up with the excuses and the zombies are still, at best, a year and a half away from just playing against let alone competing with Celtic!!! Sleekit Sally at his best!!!
fat sally is a major problem at ibrokes he wants to spend money that is not there and with years and years of this he cant understand cos he’s to thick, there will be a fire sale in January with big ‘ands squeezing every little penny out before he gets rid of his 1p shares and sets off into the sunset laughing at the zombies he’s had to endure, while this club disintegrates and the whole world laughs at them… THE END (then the looney tune plays)
did I miss Celtic having a £20m budget? We have spent a little over £10m, we sold £20m
a clearer example of McCoist not knowing how football works would be difficult to come up with. He obviously thinks if you sell £20m you buy £20m
Rumor has it, the player budget will remain the same if mcsally will reduce his pie budget.
Seems he understands calories a lot better than players worth.
Joe,Funny as always.
I like Sally’s first pic the best.His 3 chins
look and dreaming of a pie feast. lol.
In the sun,Gromet (sally ) wants Wallace
to phone Dave (S.A. crook ) so he can come over with his stash and be sugar
Dave.But,SA Inl.Rev.have to be paid crook’s massive fines first.
Sally will do anything to hold on to his
850 k. He also said he has had 3 CEO’s and 3 chairman,and it must be a record.
Not as good as his managerial record in
cups.Knocked out 8 cups in 2 years.
Now that is a record.
He also says,how can he compete with us
if we have a far bigger budget.
Well he has a short memory.
Did Minty not buy 9-in-a-row with borrowed millions,also using dodgy DOS
and EBT schemes along the way.
What was our budget then ?
The saying you reap what you sow comes
to mind.As a result, no bank will touch
Sevco with a bargepole.
So for us, 10 – in -a -Row is not an
unrealistic goal !!
caption the pic… here’s mine…this is the way I’ll pucker my lips to kiss dave’s ass while trying hard to think of greggs steak bake
Typical Rangers man. ” Celtic have £20m to spend.” Just shows everyone at that Looney Bin still thinks you should spend more than you sell
Merry Christmas to the thousands of hoops fans here in West Australia, long may the pantomime season at Ibrox continue.
Hail Hail – Australia’s Green and White,
Mandurah CSC
Merry Christmas to Floridas green and white, looking forward to more creative accounting from the dark side in 2014. hail hail!
Fat Sallys ranting just a bore these days…see you when you get here rangers sevco hun trollips…
Clearly McCoist has spent more than he needed to in order to ensure that promotion was gained from the bottom league. Again bringing SPL players into the 3rd tier on SPL wages was over the top and as a result next year when you do need the better players to ensure promotion there could be a problem as finances are all but gone and used up whilst in the 3rd tier.
That all said the provision of £3million a year and remaining within budget will enable them to compete with most in the SPL, just not Celtic. However with Hearts imploded and Hibs not competing and in trouble then they will progress and play in Europa league and gain finances that way. McCoist and the ibrox Hunz will not be happy with their new board as they will want to spend and compete with Celtic, even if that means running up lots of debt – and the closer it gets to 10 in a row the more noise they will be making for the board to spend no matter what.