ChildOfGoth
Well-Known Member
Good points there DD.Why do they need to have the accounts signed off before they can make the payments?
At the time of the vote shamble (copyrite Celtc FC) the SPFL were very vocal in telling everyone how much the final payment of tv money was, how desperate clubs were to receive their share and how they would only get it if they voted to agree that Shame FC were awarded the SPFL title.
If the amount of money to be distributed to clubs was known back in April, why do they need to wait for the accounts to be signed off?
The payments are based on tv income which was known and just like all other payments/bonuses, figures are agreed in advance. If payments were made back to Sky/BT, then adjustments can be made.
The tv figures are not based upon profits made, so there is absolutely no need to wait until the accounts are signed off to make payment. They should just be treated like any other expense.
Something stinks. Probably the fact that after paying back BT, they don't have any money left to make the payments that they promised and they are simply stalling for time, waiting for the next tranche of money to come in from from Sky or the Government.
the other Q i can see is has this same requirement been the fee for final payments in the other seasons ? Or solely 2019/20 ? If only this years then are we to assume there is a significant risk in the audit that justifies this retention ?