The woes of Rangers grows by the day. The insolvency firm Duff and Phelps have set a 48-hour deadline over the sale of the club after cost-cutting talks involving slashing players' salaries to prevent redundancies broke down and are already considering the possibility of liquidation if they cannot reach a deal. They also said Rangers may not be able to fulfil their remaining SPL fixtures without the promise of new income or drastic measures to reduce costs while also confirming Rangers had no chance of competing in Europe next season as they would not be able to submit fully audited accounts by a March 31 deadline. .
Asked if Rangers was in a state to be sold, an administrators source admitted: "There's an awful lot still to be resolved. It is all about who owns what. It doesn't matter whether you are selling a house, or a football club, or a company, you have to know what you're buying."
Scottish Football Association chief executive Stewart Regan has described the prospect of Rangers going into liquidation as "a disaster...[and] the news that the club is running out of cash and may be unable to fulfil their fixtures is the final piece of news that will send Rangers fans into despair."
The popularity of football inside capitalism made it an activity much adored by workers often too unfit to play it themselves, but keen to follow the efforts of their local sporting heroes. With the development of capitalism football has just become another business opportunity. Its development more likely to be followed by financial journalists rather than football ones. Football used to be about watching the match, buying a greasy pie and a cup of bovril. But now stadiums are like shopping malls. It is a truism - if not a cliché - that football today is big business.
Every activity that capitalism touches it turns into commodities.
As Rangers football club ails, vultures circle. In a society where common and shared identity count for little when there is a quick buck to be made, it can be no surprise that football has become infested by the sort of parasites whose idea of of a pastime is making money, especially at other people's expense. The market economy creates the conditions in which they can prosper and seize control of assets that communities often mistakenly think are theirs already.
It is time to take the money out of football altogether. And that means abolishing money in all other areas of life.
We live in a world of inequality. That is a natural consequence of the workings of capitalism. Socialists want a world of equality where everybody would have an equal say in the way things are run including our local sporting associations and where there would still be football, but no bankers or stockbrokers dealing in a football club's future, that being determined solely by the players skills on the field.
Students at the Taras Shevchenko University in the Ukraine are expected to vacate their rooms so that they can be rented out to those attending the European Football championships. Neither alternative accommodation nor compensation has been offered. Indeed, the students will have to continue to pay for 'their' vacated rooms! Furthermore, students have been asked to renovate them in good time!! Professors are being recruited to work as concierges!!!
ReplyDeleteThis news beggars belief. Read more here:
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