Jump to content

Sign in to follow this  
Spiderpig

Financial help for Scottish Football

Recommended Posts

I see the Scottish Government has announced the amount of financial support to Scottish clubs to help out during the covid pandemic.

It seems each premiership club will get loans of £2 million each, while all the other championship, league 1, league 2 and lowland / Highland league teams get varying amou to of Grants.

While the cash will no doubt be welcomed by the board its seem unfair that the top clubs are saddled with a  new £2 million debt while others get non payback grants

Share this post


Link to post
Share on other sites

I wonder if the terminology is a bit disingenuous. Free cash to top level football clubs would be a difficult pill for any government to swallow, politically. The question really is, is there much expectation that these loans will be repaid at any stage?

Share this post


Link to post
Share on other sites

It would depend on the repayment terms I suppose. If they were at a very low rate of interest over a decent length of time then it would be sensible for the club to take advantage of it if needed.

As far as lower league clubs are concerned (at least the better supported ones) then they should be treated the same as the SPL clubs and be offered loans not grants. Why should the likes of ICT Dunfermline etc get a possible financial advantage over clubs they could potentially face in a play off.

I would Imagine that there will be some kind of limitations as to what the loans/grants can be used for though.

Share this post


Link to post
Share on other sites
4 hours ago, Spiderpig said:

...unfair that the top clubs are saddled with a  new £2 million debt while others get non payback grants

Can we not just ask for the smaller grant instead so we don’t need to pay it back? Some free money is better than nothing. 

Share this post


Link to post
Share on other sites

There is no chance of the Scottish government getting a penny of the £2m back off Accies or Livi! 

I forsee another fraud victim at New Douglas Park and David Martindale expanding his business interests. 

Share this post


Link to post
Share on other sites
18 hours ago, Spiderpig said:

While the cash will no doubt be welcomed by the board its seem unfair that the top clubs are saddled with a  new £2 million debt while others get non payback grants

I wouldn't touch these loans with a bargepole unless we really, really need the dosh. For those who take the cash there will be a day of reckoning.

Share this post


Link to post
Share on other sites
3 hours ago, steelboy said:

There is no chance of the Scottish government getting a penny of the £2m back off Accies or Livi! 

I forsee another fraud victim at New Douglas Park and David Martindale expanding his business interests. 

"Sorry Nicola. It just disappeared from our bank account. I know, I know - you'd never think it would happen twice. Can I interest you in some CBD Vindaloo?"

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

Twitter @MotherwellFC

×