Originally Posted by bhoy07:
“now things are clearer.
NewCo took on OldCos football debts while at the same time waving any right to last season's SPL prize money.
NewCo assumed the SPL would then pay D'Utd out of that prize money which the SPL never agreed to.
Meanwhile as a result of the hoohaa surrounding the tv deal payments due just now will be delayed until the SPL receives its installment from Sky/Espn.”
Clear as mud you mean, like all things in spl/sfa managment.
Rangers have paid every other football debt they have, there is an agreement in place that the money owed to dundee utd was to be paid from the winnings Rangers gave up in order to get their licence.
The authorities have already paid half of it off, and dundee are now just waiting on the other half.
But, it now eems the authorities are having "cashflow problems", in other words they are skint and cant afford to pay their debts, so now dundee is asking where the rest of their money is, the authorities are claiming they dont owe the money, Rangers do!!!, despite already paying half of it.
God, you couldnt make it all up.