Ally McCoist has revealed that his salary cut has still to be implemented.
The £850,000-a-year Sevco boss first indicated in October that he was willing to take a cut on his massive salary with some reports claiming that it would be reduced by 50%.
Last weekend it was reported that the reduction had been agreed but crucially, on Friday, McCoist revealed that he had still to sign the new contract.
After being questioned about the proposed 15% pay cut that the players rejected McCoist was asked when his pay cut was effective from.
“As soon as the contract is put in front of me I’ll sign it,” he replied. “The deal is done, it’s agreed, as soon as the contract is put in front of me I’ll do it.”
The former Question of Sport skipper has increasingly found himself in the firing line as the reality finally dawns that the new club is following it’s predecessor in the road to ruin.
While Rangers (IL) went into liquidation for withholding National Insurance and Income Tax payments from HMRC it seems Sevco are also outspending with outgoings vastly in excess of income.
A brutal round of cost cutting is required to starve off administration which is likely to see the playing squad decimated.
McCoist brought in nine new stars in September of 2013 and now realises that just five months later that those contracts are a massive burden to the survival of the club.
He explained: “Maybe I had it totally wrong but with the player budget coming down, I was looking at the season tickets, working out the costs – I’m doing it on the back of a fag packet obviously – and thinking, ‘It kind of fits.’
“We also had a lot of money in from an IPO as well as having had two amounts of season ticket money in – but I was obviously wrong.
“Did someone tell me I had the financial where-with-all to sign players? Absolutely. I just went about my business.
“I was wanting to bolster the squad and that’s what I did. No one said it was a
problem. No one said stop.”
CLICK HERE for STV video where McCoist confirms contract issue.
Is this chappie really as daft as he looks ,or is he appealing to the Hordes.mmmmm
A big bhoy done it and ran away……..
Haw haw haw.
Shteakbakesh don’t buy themshelvesh ye know!
Shteakbakesh Hmmmmmmm!
The saddest part of all this fiasco, is still the part the SFA/SPL played and still play in it all.
It makes you wonder if some of the vast sums rapidly disappearing may be finding the accounts and back pockets of higher profile people in the Scottish game, not exactly directly connected with this new club, barely one year old yet flying swiftly into the same dark room as the club they replaced.
It’s real comedy gold like……:)
Backed Whyte, then Green, voted against the rebels at the AGM, paid a bumper contract, bought shares for a penny with Green’s cronies, has constantly called for them to strengthen to be able to challenge Celtic (be serious) and has overspent massively in doing so. Have I missed anything?
Sleekit must be worth a few bob by now.
only fat sally could pass the buck&the gullible zombies believe him,any other manager in world football would of been lynched for everything fat sally has done to their new club
now they how it feel’s when you start to pay bills, as for fat boy he is really lucky to be in this position co’s if he were to be in the spfl he would have been sacked long ago for being a shit manager
Good article,Joe.
Like your line, ” brought in nine new stars”
Buying success in the 3’rd tier of Scottish
football.Will they never learn.
Doing his sums on a fag packet,while
working out his salary on a calculator.The
sleekit one, is playing the Zombies, like a
good old violin.
With his weight,Sally shouldn’t be having
fags.The sums are the least of his problems.Put a match to him, and he will
combust, into many pieces ( of silver ).
So,forget walking away or rolling away.Fat
Sally, could be BLOWN away,any day now
the affair with patsy kensit has really paid off after all as she only went out with singers who played the same tune week in week out and fat sally is doing the same thing “wasn’t me, I know nothing, the players are great the fans are great, i’ll sign the contract that I’ll not read, we talk all the time but I know nothing”
The fat prick learned alot of his mentor sir walter of cardigans, SPEND SPEND SPEND and dont ask questions, he might as well stay at Sevco to the very end then he can set a world record of being the manager of 2 dead clubs.. a more horrible little slekit of a man you will never meet. Hail Hail.
“we talk all the time but I know nothing”
EXACTLY LOL
This is unbelievable. If he loved the club he’d do a Billy Brown & work for nothing till they sort themselves out. Pure greed & no morals whatsoever. Funny though.
When will the zombies relise whats in front of the… Love it Sally keep it up
Fat Sally’s sums must have been written on the back of a cigarette packet of 50 ‘Players Full Strength’ and like most eedjits the Sleekit ‘weed’ has ignored the warning on the side
. . .
‘WARNING – BUYING PLAYERS YOU CAN’T AFFORD CAN SERIOUSLY DAMAGE YOUR CLUBS HEALTH!’
Here’s a ‘tip’ Ally whatever you do do not leave Sevco or Ibrox Park Drive. Do not be forced out by lesser ‘brands’ of ‘dog-ends’. The joy and comedy you bring to the rest of Scottish football is incalculable! You are fast becoming the ‘light-up’ of our lives and for that we are truly grateful. We ‘draw’ inspiration from your ”wit” and blow ‘smoke-rings’ of approval and hilarity every time you open your big smoky gob. In your managerial capacity you have no ‘match’. No one could hold a flame to your obvious talents for. . . well. . .er. . .making us laugh. You are the ‘butt’ of many a joke but you breathe it all in and fart it out as yet another classical sound bite. You are our manager of the decade and should be knighted at the ‘Embassy’ for your Regal services to comedy/ entertainment.
LET’S HEAR IT FOR SUPERALLY . . .
THE MANAGER THAT TURNS FOOTBALL CLUBS INTO ASH.
My name is chubby
My mummy’s fat
My daddy’s fat
But I’m just chubby.
Haw haw haw
On the BBC Saturday radio discussion I am positive that G Spiers said that the deal for the sale of C. Green’s shares to the Easedales had not been finalised because they had not made the final payment.
Did anyone else here this?
If I am correct does this mean that Green still has a stake in the Sevco club?
You are absolutely correct, I heard that too!!
John,
I also heard this.
As for charlie chuckles,he has an agreement to sell to the Easdales.
The Easdales have to sell their bus coy. for
liquid funds to buy shares at 70p.
As the share price is 27p,and dropping fast, the Easdales have been sold a bum
deal.
So has every other investor,who bought in
at 70p.
Charlie Chuckles, in his French chateaux,
is laughing all the way to the bank.
A well. The thing is the fans cant see past his bullshit. Oh wait?….. they can!! But couldnt give a shit!! No got jelly n ice cream but dream topping is a great substitute!!
“I will be having a cup of tea with the C E O about my budget for players”
What CEO was that,theres been that Many.
Its said when you tell a fibby,you sometimes tell fibbys to cover up the first one.
As Kenny Dalglish said,Maybe I and Maybe naw.
McCoist said he would stay at Ibrox because he could only be of help from the ‘inside’, yet any questions about what is actually going on and he resorts to “I dunno”, he is the biggest Spiv of the lot.