Old Firm Guilty of Rushing Into Impulse Buys

Summary


SPEND it or lose it. You don't have to be a hardened cynic (though it helps) to wonder whether that was the primary motivation for Martin O'Neill and Alex McLeish to make their belated smash-and- grab raids through the January transfer window at the start of the week.

The convoluted finances of the Old Firm will remain a puzzle to those of us for whom extended credit deals are limited to buying washing machines from Curry's, however a certain chill breeze of fiscal reality has blown through Scottish football recently, and the managers must have been worried that the days of big-name signings had been numbered.

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Extract


Old Firm Guilty of Rushing Into Impulse Buys

O'Neill and McLeish are astute customers, but from the outside it's difficult to see the acquisitions of Craig Bellamy and Barry Ferguson as triumphant coups. The suspicion is that the managers went to the January sales, cou...

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