The news that Rangers FC could be going bust would come as a shock only to the pliant Scottish football media (CEO Chick Young) and the follow followers who believe that talking frankly about football finance is some form of treachery. For those who have been following the likes of Phil Mac Giolla Bhain for the past year, the ‘news’ will come less of a surprise.
We’ve been saying for months that if Rangers were any other club they would – according to SPL rules – be docked points for financial mismanagement. They’ve been run by the bank for some time now and have at various times admitted as much. A short time ago Walter Smith let this slip in an interview and the club rapidly back-peddled and re-spun his very clear words. At the time of Ally McCoist’s appointment they said the same again. McCoist’s statement when he was appointed is extraordinary. Here’s what he said:
“I know what’s happening. I am as aware as anybody of what’s happening at the moment. The club is struggling – we are not on our knees, but financially we are looking for a buyer. We are struggling to bring players in, but I knew that and took it all into account. There are a lot of negatives, but an awful lot of positives as well”.
This was his statement on being offered his dream job. For all the facts on the perilous state of Rangers FC read Phil’s account of how the tax element of this shambles eventually has became mainstream. It’s not just another story about financial crisis nor is it just of interest to football fans. It’s about how the cosy consensus that is the Scottish sports press and the love-in that the mainstream media has with big business (slavish adoration of Sir David Murray is routine) is crumbling.
Why? Mostly because people like Phil are able to dig-out ‘scoops’ like this despite the submissive media and the culture of deference that hangs around the club lounge-suites and press conferences.