There is a skill to making austerity work.
If the cuts are too swingeing then the ability of an organisation to continue operating can be threatened, but sometimes there is no choice.
Last week a senior member of staff remarked about the long terms impact of the ten redundancies that had just been announced.
He said that “I don’t know how this club will operate after Friday” and this chap is not known for having a penchant for hyperbole.
For the avoidance of doubt that was last Friday.
Moreover, he was stressing that the staff that had been let go were vital people doing essential jobs.
There is never a good time to lose your job, but a few weeks before Christmas is particularly tough.
These are ordinary people paid through the PAYE system who have been employed at Ibrox for many years.
They never had an EBT when Rangers were operating out of Ibrox and they certainly aren’t pampered footballers.
I understand that there are other job losses in the pipeline this week.
A turnaround consultant, based in the City of London used the term “soft administration” to me when I was discussing the situation at Rangers International Football Club (RIFC) with him.
I am told that the folk at Laxey Partners are rather peeved that what is now happening is rather what they had wanted to implement last February.
Then there was money in the bank and even a formal insolvency event would have still resulted in TRFC winning the league because they were so far ahead and therefore the points penalty could have been brushed off.
However, as regular readers will know, they could not get their plan past the board despite having a very detailed plan drawn up.
The cup game against Kilmarnock at the weekend would have cost the club money.
Sources tell me that Philip Nash and David Somers constantly disagreed about the viability of keeping the entire stadium open when they knew that the crowd would be low.
The RIFC chairman agreed with other board members that partially closing the stadium was “not the Rangers way”.
Somers and other directors thought that to do so “would send out the wrong message”.
The issue of people not being able to take their regular seats was also flagged up as a reason for keeping the entire stadium open.
Philip Nash responded by stating that at a match against Clyde they had 15 stewards and three police officers minding two paying customers!
Partially closing a stand makes good business sense.
I spoke yesterday with a legal chap who is the in-house Tom Hagen for a major EPL club.
He reminded me that professional football in Britain was not a normal business in fact he described it as “bonkers” and then professed his undying love for the level of daftness.
Walters Smith two time manager of Rangers and one time RIFC Chairman stated that (I’m paraphrasing) financial common-sense didn’t have a seat at the boardroom table at Ibrox.
He was obviously on the money with that comment.
The choice for Sevco this year was always austerity or insolvency.
Now that the creature created by Charles of Normandy is perilously close to the latter the former is finally being implemented.
It is 11th hour stuff.
It remains to be seen what action is taken by Big Mike to keep the lights on throughout this month.
The January window allows players to be sold, but only if there is a buyer and the player agrees to go.
It is an inconvenient truth that the cost base at Sevco remains too high and-gasp-it would appear that The People finally get that one.
With the AGM only a few weeks away the words of Graham Wallace still ring true from the last dignified conclave.
The new club is spending too much money for a club in the top flight of Scottish football and for the avoidance of doubt Sevco have never been in the highest league.
Instead of being in denial The People have successfully convinced themselves that they are the victims of a massive conspiracy.
New villains are unearthed every week as they construct labyrinthine connections between perfect strangers.
In this narrative individuals who have never met and don’t know each other somehow worked in concert and skulked in the shadows to bring down the mighty Rangers.
The truth dear reader is more prosaic and ultimately much shabbier than the conspiracy theory currently accepted as truth by those dignified chaps.
Rangers self-destructed due to an amoral mixture of envy and hubris.
With the Ibrox club on the liquidator’s slab in the corporate mortuary Charlie and the boys made a bid for the body parts.
The entity they created had a specific utility purpose and that was to enrich the offshore chaps who had stumped up the original £5.5m.
It mattered little that the collateral damage of this venture would be the new club itself.
As The People wallow in self-pity the mood can quickly turn ugly and the lynch mob barracking outside of Glasgow sheriff court is another manifestation of klan performance art.
Throughout this year and last I have stated that the choice facing RIFC/TRFC was austerity or insolvency.
As I stated this The People scoffed and smeared as they believed that everything was going to be ok.
Then the mountain of evidence slowly chipped away at their hubristic denial.
However, my analysis did not alter and the choice was austerity or insolvency.
Now the former is being implemented and not in the most ideal conditions.
It remains to be seen how skilful and how ruthless Derek Llambias will be in executing Big Mike’s orders.
In the meantime The People are attending a pity party.
It isn’t a pretty sight.