Glasgow Rangers may be facing administration and a crisis beyond their control at the moment,
but at least they now know who their true fans are. And she's kicking it! / via Daylife
Tweet This Post
Scattered amongst the news articles this week in the soccer world were two disturbing stories of
financial failure involving top clubs in both England and Scotland. Sadly, fans of Rangers and
Portsmouth awoke to the news that their clubs had entered "administration" due to overwhelming
financial debts which, according to the rules of their respective Leagues, means that both teams
receive a 10-point deduction for the current season.
By Chris Wright
As you'll no doubt be aware, Rangers are currently in administration to the
tune of a £50-odd million tax bill and, safe to say, Celtic are bloody loving it hence this
impressively large HMRC banner, that was unfurled during the Bhoys' 5-0 spanking of Hibernian at
Easter Road on Saturday.
Portsmouth Football Club have been hit with yet another punch as the threat of administration
looms – with manager Michael Appleton stating he is ‘ready for a points deduction.'
But is a points deduction really fair on Portsmouth Football Club?
Pompey's recent dogged luck has been created by individuals who were inadequate to run the football
club and a controversial system in which they were appointed: the so called Fit and Proper Person's
Test.
We have been waiting for this since November but that doesn't make it any better. The new
manager, the younger team, and games like the awayday at Blackpool notwithstanding, no one has been
able to fully enjoy the simplicity of Championship survival. That is because, when the first shoe
hit the floor in November, we learned that 'self-sustaining' really meant 'injection of a £10.
Ignore the hype. Ignore the sad hypocrisy of the crocodile tears and the valiant claims such as
"I will not allow this historic club to go out of business," emanating from the biggest vested
interest of them all. Translate the sentence. It reads, "I will not allow my front loaded debt to
go down the drain.
