Falkirk have been fined £60,000 by the SPFL over their recruitment of manager Ray McKinnon and assistant Darren Taylor.
The duo were enticed away from Morton by the Bairns and Falkirk must now pay £40,000 immediately with the rest suspended for two years.
After only taking the reigns at Cappielow four months prior, the pair replaced Paul Hartley on August 31st last year.
With the Bairns struggling at the wrong end of the Championship that’s money that really should be going towards the playing squad.
The SPFL ruling determined the £60,000 figure relative to McKinnon’s contract while the additional £20,000 resulting from Falkirk failing to admit responsibility.
McKinnon’s time at the Bairns hasn’t been a fruitful one as they sit bottom of the Championship table and in serious danger of relegation.
With Falkirk clinging to their Championship status, £60,000 is a figure that really could have helped strengthen McKinnon’s squad before tonight’s transfer deadline.
The Bairns really need some quality additions and this is something they could really do without.
Given the way McKinnon has failed to turn their fortunes around on the pitch – it’s a shame that their pursuit of him will likely cost them on and off the pitch.
If Falkirk do end up getting relegated this season, there will likely be a lot of finger pointing over the way the search for a new boss was handled in August.