I can understand their 9 16% interest rate after the 12 months 0% promotion. People get this LOC all the time with their personal credit cards and after the 0% promotional period it goes to the regular variable rate their credit card may have. Apparently they have the ability to get much larger LOC than someone could do by doing it on your own and that’s where the premium has to be paid..
You can unsubscribe at any time.Thank you for subscribingWe have more newslettersShow meSee ourprivacy noticeClyde have become the latest club to indicate they won vote for the league reconstruction proposal put forward by Ann Budge.The Hearts supremo this week submitted a vision for the how the SPFL could be revamped from next season.Clubs are set to meet on a divisional basis next week to discuss the plans in depth but some have already made up their minds and it bad news for the Jambos.Budge has put forward a 14 14 14 setup, with the option to expand the bottom tier further to include Lowland League champions Kelty Hearts and Highland League winners Brora Rangers.The proposal may not even reach a vote, and the bar for passing a ballot is very high.At least eleven Premiership clubs and eight Championship clubs must support the plan, plus 15 of 20 clubs in League One and League Two.Sign up to our Record newsletterGet all the latest s news sent straight to your Inbox every day by signing up to our newsletter.We cover every morsel of information regarding your favourite club in the form of articles, videos and podcasts.The newsletter will arrive every day at 12pm, giving you a round up of the best stories we covered that in the last 24 hours.To sign up, simply enter your email address into the link here.The margins were already fine before the Bully Wee lodged their opposition, a move which looks set to ensure six sides in the bottom two leagues will vote against, sinking the plan altogether.Here are the clubs who look likely to oppose it.Clyde Upon reviewing the proposal, Clyde admit they understand the position in which Hearts and Budge find themselves but announced they would not back it.In what become a theme in recent days, the Bully Wee raised concerns that far too much emphasis has been placed on what should be done with the Premiership.A statement said: “The core of the proposal to a top 14 seems to be the most urgent matter to be resolved, as we appreciate the central revenue generating league requires clarity for a number of commercial and practical reasons.”However, that clarity is critical for the other clubs across the leagues as well. The reality is that the landscape for returning to football remains uncertain, particularly for the clubs below Premiership level.”The financial resources and sustainability of clubs when testing costs of perhaps 120,000 per season per club, perhaps with no crowds and no hospitality, are still unknown factors.”These major factors might become clearer in the coming weeks or months, so it seems premature to enforce a structure across the rest of the leagues simply because it appears to work for the Premiership.”Peterhead Blue Toon boss Jim McInally lodged a fairly vociferous opposition to Budge push for reconstruction this week.He went as far as to say he hopes clubs can “make her pay” for what he perceived to be a self serving attempt to stop Hearts being relegated.He accused Budge of attempting to “bully” smaller sides, as Peterhead would drop into the bottom tier under the re jig.”It’s just not true (that no club will be disadvantaged),” he said. “It just shows a total disregard for other clubs..