Admin - I can't see this posted yet other than what I put in another thread but please delete if I've missed it.
According to the Rhetard this is it:
“That the board of the company be authorised and instructed to make payment to the member clubs of the league of loans equal to the amount that such member clubs would become entitled to if the Scottish Football Leagues were completed and each member club’s position in the completed league was the same as the position in which that member club is presently.
“Such loans to be provided without the payment of interest or fees to the league by the member clubs and to be made forthwith on the passing of this resolution and to continue to be available until the league determines that a final allocation of the payments to member clubs in respect of season 2019/2020 can be made.
“On such determination by the league, member clubs shall be entitled to effect repayment by written confirmation to the league that the loan provided to that member club may be set against the equivalent amount of the repayment to be made to such member club on determination.”
Hard to argue against it and it would allow clubs at all levels of the Scottish professional game to take advantage of gate receipts in the unlikely event that the season does resume.
According to the Rhetard this is it:
“That the board of the company be authorised and instructed to make payment to the member clubs of the league of loans equal to the amount that such member clubs would become entitled to if the Scottish Football Leagues were completed and each member club’s position in the completed league was the same as the position in which that member club is presently.
“Such loans to be provided without the payment of interest or fees to the league by the member clubs and to be made forthwith on the passing of this resolution and to continue to be available until the league determines that a final allocation of the payments to member clubs in respect of season 2019/2020 can be made.
“On such determination by the league, member clubs shall be entitled to effect repayment by written confirmation to the league that the loan provided to that member club may be set against the equivalent amount of the repayment to be made to such member club on determination.”
Hard to argue against it and it would allow clubs at all levels of the Scottish professional game to take advantage of gate receipts in the unlikely event that the season does resume.