OMG I am part of the 60,943,912 block of humanity that owns 43.5% of Glasgow Rangers and nobody told me.
Disinvest me.
I don't wish to own any part of a stock that I would rather make a strategic short selling position upon.
This is a distressed stock.
All the playing staff are on the transfer list and it is rumoured that failed property developer, Sir Murray, was ousted from his eyrie by bankers.
I don't want to own 0.0000714% of this outfit.
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Meanwhile, the situation at Glasgow Celtic is equally dire.
Our internal analysis of the match data over the opening three rounds of the Europa Cup matches shows that the only team worse than Celtic is CSKA Sofia.
48 teams, and the Bhoys are in 47th place.
There are internal ructions between players and management, appallingly inept performances on the field of play (Theo Guardian, who obviously have an interest in such matters, reckon that it is crazy that there are already question marks against Tony Mowbray. Really?), the club have now managed to lose three Champions League home ties as Fortress Parkhead has deteriorated into a Half Empty Shell Of Mass Discontent, players repeatedly arguing with one another on the pitch, and people like The Warmongering Dwarf, The Bookmaking Specialist, Lie-Well and The John Colquhoun Experience in the boardroom.
Yesterday, the British government stepped in over fears that the banks supporting Rangers might tip the esteemed club over into the depths of administration. This would mean points deductions.
And things like that.
It seems fair enough for HBOS to be concerned about the money owed, particularly in the light of the rampant exploitation of the Scottish Premier League by BSkyB.
We, as citizens of these islands, should also be concerned that public money is supporting the unsupportable.
How many other fake entities are enjoying our help in these Depressing Times?
When BSkyB targeted Setanta, the writing was on the wall.
And on this blog too...
Less money above the line in a waterlogged vessel was never likely to turn out well.
Desperate stares into the future envisage an Atlantic League (well at least Rangers and Celtic might overwhelm teams from the Faroe Islands) or acceptance into ScudamoreWorld.
The Scottish teams need to do some joined up thinking on their options here.
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And do it before the clubs are 'sold' to the betting markets.
* All posts labelled # are only available fully by subscription.
© Football Is Fixed/Dietrological
Tuesday, 27 October 2009
Tuesday, 6 October 2009
The Premier League Is A Ponzi Scheme Based On The Fake Hierarchies Of Masonic Disorder
The Premier League's 'Fit-And-Proper-Persons-Test' is a primary example of Jean Baudrillard's phase of the image template.
The new wave of owners are not fit, they are improper, the 'persons' are more likely to be shell operations covering up for something altogether more seedy, and, most importantly of all, there is no test.
It should be noted how rarely Our Great Leader pops his head up to shed light on these concerns.
As it is Manchester, and it is pissing down, let's do a swift rain check.
Today Birmingham City will finally be taken over by... well, nobody knows actually, because there is an ongoing sale of shares in the ownership company which will not be completed for another fortnight.
Consequently, the Premier League are waving through the takeover without knowing whether the owners are fit and proper, or bookmakers.
As Carston Yeung made his money in casinos in Macau, our bet would be the latter.
And The Munsters have got their latest owner, their third dodgy deal and the season is only eight games old.
After the illegal arms dealer had sold out to Sulaiman 77 and his coterie of Ponzi schemes (we told you at the time to clock that image of Al-Fahim at his first match in charge of Pompey), today Al-Fahim will complete the sale of 90% of Portsmouth to another Middle East consortium of opaque ownership.
Peter Storrie, the Portsmouth chief executive, who has just been questioned again over the Pompey Three Affair, will retain his post and his twenty five grand per week.
And who knows? The wages of the staff might be paid too.
Now none of the above owners are legitimate in that their takeovers have not been subjected to the FPPT.
The whole world and his cat understood that it was Arkadi and not his idiot offspring who owned Portsmouth and yet ScudamoreWorld did nothing about it.
Why wasn't Al-Fahim rumbled earlier?
Who has Storrie stitched up a deal with?
The fans need to know.
The Pompey Three are being questioned over serious charges of fraud and money laundering after all.
And as for waving through the Birmingham deal before ownership is known...
Of course, this is the problem of running a free market league.
When the shit hits the fan (in all manners of meaning), the financial saviours are likely to be from the murkier end of the spectrum.
If arms dealers, former drug dealers, baby boilers, private equity myopics, bookmakers, oligarchs, Ponzi capitalists, casino owners, sovereign wealth funds and criminalised heads of state are not able to save the unstable model of ScudamoreWorld, there is nobody else to step in.
Remember that it was Our Great Leader's rottweiler, Sir Richards, who informed rogue manager Sven Goran Eriksson that Shinawatra was "absolutely clean."
And those of us that used to take solace in the fact that the Football League, at least, was still fairly legit have come to alter our perspective.
The Premier League distorts the FA and the Football League to it's own competitive advantage.
Betting scandals?
Only happen in matches between Accrington Stanley and Bury, mate.
Yet our primary Asian broker now reckons that nigh on 100% of Premier League matches are entirely bent.
We agree with him.
Being rotten to the core, ScudamoreWorld also extends further down the hierarchy of English football, and the issue of illicit or, at least, potentially illicit ownership is now a generality across the lower leagues.
Flavio Briatore, the man who arranged for the Formula One crash to alter the race outcome, is obviously not a fit and proper person to control Queens Park Rangers.
If you are going to sell a race outcome, you're going to sell a football match outcome too.
Leeds United sit on top of the third tier of English football which, for marketing reasons, is called League Alpha Platinum Plus or something or other, and nobody knows who their Real owners are, and nobody has done for the last four years.
Brighton are now owned by Tony Bloom, who made his money trading on the underground betting markets in the Far East.
Notts County are owned by almost every businessman who has ever passed through the British criminal justice system.
There are numerous other clubs who have been abused for proprietary gain, infected with non-strategic and non-sustainable financial plans, who hover on the verge of administration or, equally frequently, topple over into it, and who are punished for bringing shame on the game with points reductions that merely increase the likelihood of total collapse.
The Premier League does not employ trickle down economics with regard to the Football League.
Rather it is like a Wrecking Ball, swinging in an elliptical and tilted orbit, a bit like Pluto, bringing destruction as it mashes through the lower tiers of the league.
And meanwhile the Premier League roster of ownership is typical of any nation that bases success on the fake hierarchies of masonic disorder.
And as the Murdochracy exports it's brand of betting to other European countries, the same structural deficiencies are already coming to light there.
Launching expansionist projects in the midst of the worst Depression since the Thirties is a perilous strategy.
So, in Italy, for example, where the Murdochracy has most influence after England, Bari are about to be taken over by American money while it looks like Berlusconi is on the way out of Milan (see future post for the nonsense in Serie A).
And Ponzi turns out to be the key word in all this...
A Ponzi scheme is one which cannot be sustained, as the pyramid extends downwards, there comes a time where the financial structure collapses under the weight of it's lack of economic robustness.
As the whole of the capitalist system might be seen as a Ponzi scheme, it should come as little surprise that the ScudamoreWorld model is not sustainable.
Prior to the onset of the European Super League, we are going to see a trail of destruction as teams enter administration, are demoted, go belly up, before reforming as proper bottom up sporting clubs, which is what they were in the first place before the bookmakers took over.
There will, however, be an 'elite' collection of outfits that will remain viable due to the murkiness of their ownership.
The slimmed down ScudamoreWorld and Football League will be a Ponzi scheme backed by, at best grey market and, at worst, black market money.
From porn barons to betting barons, what have Birmingham City done to deserve this?
© Football Is Fixed/Dietrological
The new wave of owners are not fit, they are improper, the 'persons' are more likely to be shell operations covering up for something altogether more seedy, and, most importantly of all, there is no test.
It should be noted how rarely Our Great Leader pops his head up to shed light on these concerns.
As it is Manchester, and it is pissing down, let's do a swift rain check.
Today Birmingham City will finally be taken over by... well, nobody knows actually, because there is an ongoing sale of shares in the ownership company which will not be completed for another fortnight.
Consequently, the Premier League are waving through the takeover without knowing whether the owners are fit and proper, or bookmakers.
As Carston Yeung made his money in casinos in Macau, our bet would be the latter.
And The Munsters have got their latest owner, their third dodgy deal and the season is only eight games old.
After the illegal arms dealer had sold out to Sulaiman 77 and his coterie of Ponzi schemes (we told you at the time to clock that image of Al-Fahim at his first match in charge of Pompey), today Al-Fahim will complete the sale of 90% of Portsmouth to another Middle East consortium of opaque ownership.
Peter Storrie, the Portsmouth chief executive, who has just been questioned again over the Pompey Three Affair, will retain his post and his twenty five grand per week.
And who knows? The wages of the staff might be paid too.
Now none of the above owners are legitimate in that their takeovers have not been subjected to the FPPT.
The whole world and his cat understood that it was Arkadi and not his idiot offspring who owned Portsmouth and yet ScudamoreWorld did nothing about it.
Why wasn't Al-Fahim rumbled earlier?
Who has Storrie stitched up a deal with?
The fans need to know.
The Pompey Three are being questioned over serious charges of fraud and money laundering after all.
And as for waving through the Birmingham deal before ownership is known...
Of course, this is the problem of running a free market league.
When the shit hits the fan (in all manners of meaning), the financial saviours are likely to be from the murkier end of the spectrum.
If arms dealers, former drug dealers, baby boilers, private equity myopics, bookmakers, oligarchs, Ponzi capitalists, casino owners, sovereign wealth funds and criminalised heads of state are not able to save the unstable model of ScudamoreWorld, there is nobody else to step in.
Remember that it was Our Great Leader's rottweiler, Sir Richards, who informed rogue manager Sven Goran Eriksson that Shinawatra was "absolutely clean."
And those of us that used to take solace in the fact that the Football League, at least, was still fairly legit have come to alter our perspective.
The Premier League distorts the FA and the Football League to it's own competitive advantage.
Betting scandals?
Only happen in matches between Accrington Stanley and Bury, mate.
Yet our primary Asian broker now reckons that nigh on 100% of Premier League matches are entirely bent.
We agree with him.
Being rotten to the core, ScudamoreWorld also extends further down the hierarchy of English football, and the issue of illicit or, at least, potentially illicit ownership is now a generality across the lower leagues.
Flavio Briatore, the man who arranged for the Formula One crash to alter the race outcome, is obviously not a fit and proper person to control Queens Park Rangers.
If you are going to sell a race outcome, you're going to sell a football match outcome too.
Leeds United sit on top of the third tier of English football which, for marketing reasons, is called League Alpha Platinum Plus or something or other, and nobody knows who their Real owners are, and nobody has done for the last four years.
Brighton are now owned by Tony Bloom, who made his money trading on the underground betting markets in the Far East.
Notts County are owned by almost every businessman who has ever passed through the British criminal justice system.
There are numerous other clubs who have been abused for proprietary gain, infected with non-strategic and non-sustainable financial plans, who hover on the verge of administration or, equally frequently, topple over into it, and who are punished for bringing shame on the game with points reductions that merely increase the likelihood of total collapse.
The Premier League does not employ trickle down economics with regard to the Football League.
Rather it is like a Wrecking Ball, swinging in an elliptical and tilted orbit, a bit like Pluto, bringing destruction as it mashes through the lower tiers of the league.
And meanwhile the Premier League roster of ownership is typical of any nation that bases success on the fake hierarchies of masonic disorder.
And as the Murdochracy exports it's brand of betting to other European countries, the same structural deficiencies are already coming to light there.
Launching expansionist projects in the midst of the worst Depression since the Thirties is a perilous strategy.
So, in Italy, for example, where the Murdochracy has most influence after England, Bari are about to be taken over by American money while it looks like Berlusconi is on the way out of Milan (see future post for the nonsense in Serie A).
And Ponzi turns out to be the key word in all this...
A Ponzi scheme is one which cannot be sustained, as the pyramid extends downwards, there comes a time where the financial structure collapses under the weight of it's lack of economic robustness.
As the whole of the capitalist system might be seen as a Ponzi scheme, it should come as little surprise that the ScudamoreWorld model is not sustainable.
Prior to the onset of the European Super League, we are going to see a trail of destruction as teams enter administration, are demoted, go belly up, before reforming as proper bottom up sporting clubs, which is what they were in the first place before the bookmakers took over.
There will, however, be an 'elite' collection of outfits that will remain viable due to the murkiness of their ownership.
The slimmed down ScudamoreWorld and Football League will be a Ponzi scheme backed by, at best grey market and, at worst, black market money.
From porn barons to betting barons, what have Birmingham City done to deserve this?
© Football Is Fixed/Dietrological
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