Spiderpig Posted December 18, 2020 Report Share Posted December 18, 2020 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 Quote Link to comment Share on other sites More sharing options...
The African Posted December 18, 2020 Report Share Posted December 18, 2020 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? Quote Link to comment Share on other sites More sharing options...
santheman Posted December 18, 2020 Report Share Posted December 18, 2020 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. Quote Link to comment Share on other sites More sharing options...
Lobey_Dosser Posted December 18, 2020 Report Share Posted December 18, 2020 The criteria for grants/loans would be dependent on revenue streams. On the face of it, seems like a reasonable call from the Scottish Government. Quote Link to comment Share on other sites More sharing options...
underboyleheating Posted December 18, 2020 Report Share Posted December 18, 2020 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. Quote Link to comment Share on other sites More sharing options...
Yabba's Turd Posted December 19, 2020 Report Share Posted December 19, 2020 Don't accept it if we don't need it 1 Quote Link to comment Share on other sites More sharing options...
steelboy Posted December 19, 2020 Report Share Posted December 19, 2020 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. Quote Link to comment Share on other sites More sharing options...
Kmcalpin Posted December 19, 2020 Report Share Posted December 19, 2020 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. Quote Link to comment Share on other sites More sharing options...
weeyin Posted December 19, 2020 Report Share Posted December 19, 2020 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?" Quote Link to comment Share on other sites More sharing options...
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