Latest News

The McCoist lecture

|
Image for The McCoist lecture

Five years after steering Rangers to administration Ally McCoist has still to learn the basics of football economics.

The former Question of Sport funnyman refused to speak to BBC Scotland during various stages of his reign at Ibrox but has no problem taking money from BBC 5 Live in his new guise as a football expert.

According to McCoist Hull City have got it all wrong by selling their best players during the transfer window and are ‘only heading for one place’.

The place that Hull are likely to be heading towards is the Championship rather than administration and liquidation.

Had McCoist sold Nikita Jelavic in the summer of 2011 Rangers would have had the money to pay off HMRC for the wee tax case rather than suffer the shame of seeing bailiffs arrive at Ibrox to recover that debt.

Rather than signing Lee Wallace and handing out new contracts to Allan McGregor, Steve Davis and Steven Whittaker if McCoist had sold those players Rangers could have honoured their bills rather than stop paying HMRC in September.

Dishing out his business expertise he told 5 Live listeners: “If you’re a Hull City supporter you must be worried, and certainly fearing the worst.

“The best thing that can happen is that they replace them with quality and they stay up, but you have to be lucky to do that.

“They’re ripping any spirit they have from the team and their squad and if that’s the case there’s only one place they’re going”

Perhaps Hull have some serious debt issues that the directors are addressing rather than trying to dupe their fans into handing over more and more money.

Despite benefiting from a TUPE deal that maintained his salary McCoist knows that Rangers died, he was there with Craig Whyte and Charles Green watching it being played out.

Who knows what is happening behind the scenes at Hull but the chances are that the club will pay their bills rather than leave 276 creditors high and dry while certain highly paid executives enjoy the high life and cash in on penny shares that are then flogged to the gullibles for 70p a pop.

CLICK HERE for full BBC script.

Share this article

Online and independent- the only way to be. Enjoying instant news access and reaction, following the trends if not an influencer!