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Posts posted by MarreZ
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Why is this still in the SPL section? Any other team would have been moved AGES ago. I demand transparency and no special treatment!
Probably cos Div's been on holiday.
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TBF - Lennon and the club had already paid the tax and NI. Rangers had not. Not the same at all.
Sorry, I didnt read the full thing, I was assuming it was like the bbc presenters thing where they had their own companies to reduce their tax burden.
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The schemes and circumstances are nowhere similar .. and a lot of the investors in that scheme will included ordinary punters in all walks of profession.
It was not a vehicle for tax fraud created by the club for the sole purpose of avoiding tax liable on their wages.
It's a non-story it terms of comparison to EBTs
To be fair to the guy, its not really. Its just one was people trying to avoid paying as much tax as they can, the other is a company doing the same, if both are ruled illegal then they are the same.
Players/People will be penalised (as we see here by having their case thrown out), companies doing it penalised by being made to pay tax, if it was a non footballing company then there wouldnt be any hoo hah about cheating, its just a vehicle for reducing tax either way.
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How many have they sold so far? Can't be many...
Yeah I dunno if they have published them or not.
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Umm 15 -20 million from st seems unlikely when they've only sold a thousand odd reportedly...I actually think the issue of working capital is more pressing than embargoes title stripping etc...if the sfa licence them without definitive proof that they can fulfill fixtures then it will be an act of gross negligence. I know the rules re audited accounts are discretionary but this is a case where the financials should be thoroughly examined as a matter or priority.
I was basing it on a best case scenario really for them, anyone you speak to says they are buying a season ticket to support them, whether they do or not is another matter.
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Wasn't that what they were losing in the SPL, with a TV deal, having finished second in the league the previous season?
What's more, their plan is to sell seasons for £250 a pop in the Third. Even if they sold 40,000 of them (which they won't: they will be very lucky indeed to get a quarter of that, which would still be ten times what they've sold three days before their first match) that's only ten mil pre-tax.
Yeah, but they dont have the tv money but have reduced wages. As stated above, they have a range of season tickets, I took 350 as an estimate since most are about £315 from what they said on RM.
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Coontin's no' your gemme, is it? Did you work for the auld Rangers as an accountant?
20 at 5 grand a week x 4 weeks is 400k. BUT 45000 STs at average of £300 is only £13.5m, so STs vs wages on players alone is -£7.5m pa. Plus as you say £1m per month running. Does that include non-squad wages? Even so that's a loss of c. £20 m per annum to be made up by sponsorship and TV money . Over min of 3 years, £60 million. Aye, the Berrs are gonnae be great when they get into the SPL debt-free.
I am also not an accountant, so this is simple primary school arithmetic. Maybe some real accountants (or porn barons) can show us how this can be turned into a profit (No tax loopholes, please)
I did 50,000 season tickets at an average of 350, since they have a range of season tickets, from about 300 up to 800 +.
Sally and his backroom staff will be on 3-400,000 between them all, if not more, not to mention Jardine and the scouts etc - there still is the existing group of players who are still on their old contracts - Bocanegra, Edu and co will all be on over 10k a week. A million a month is a reasonable guestimate for the football related side not included in the running of the club (given that it would be 1/3 to 1/4 of what it used to be, as we were told cutting of 75% -50% on players salary was saving over a million at the start of administration).
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And yet somone Sevco think they can afford to keep the likes of McCulloch, Broadfoot, Wallace, Goian on the books, plus all the backroom staff. and thats before being linked with the like of Black, Beattie & Shiels!
They simple cannot afford these guys, even some of their reserve or youth team players would be on higher wages than most of the 3rd Div
EDIT: forgot to add Neil Alexander to that list, who is reportedly £12,000 per week!
I guess it depends how long they will be playing the game for.
If the figures we are told are correct their running costs for the ground and training area is 1m a month - say they run with a 20 man squad all on about 5 grand average - thats another million a month - in the third division lowering costs you could be looking at 2.5-3m - 36m a year say. Season tickets could bring in 15-20m - other sponsorship i dont know, maybe 2 or 3 million?
If they go with a decent squad they will be losing about 10m a year, could be more, could be less, how much more would they get when back in the SPL - you know they cant make anything for 4 years so its gotta be at least 50m they are in the hole before they start making money, unless they run on a very cheap squad, in which case they could be in a good position when they come back, will they take the risk and do that? Unlikely, the orcs wont let them.
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Would the sevco glory hunters even want to go a team with zero stars? Their guys would be slow as f**k.
Yeah, on second thoughts, that would possibly be even funnier than them not being in, being a half star team
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http://forum.rangersmedia.co.uk/index.php?showtopic=232886
The realisation sets in that they are now a diddy club.
They will only get 72k in total for winning the third division at most for the season based on them providing all the content.
On the surface it is pretty harsh, if they are shown every game you would expect them to be paid for that, on the other hand its hugely funny that the orcs will be inconvenienced with horrible kick off times when one of the things they were looking forward to was 3pm games on a saturday every week.
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They must be absolutely bricking it that 0.001% of their customers might, possibly be thinking about not shoplifting their game.
For every boycott they threaten, we should threaten two boycotts if they get in and other third division teams dont.
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Worth looking back to poor old Leggo when Whyte took over for a few laughs while we are in a dry spell.
http://leggoland2.blogspot.co.uk/2011_05_07_archive.html <-- The day after the takeover "Confounding the enmies of Rangers should be one of the first tasks for Craig Whyte now that he has confounded his critics."
http://leggoland2.blogspot.co.uk/2011_05_10_archive.html <--- ONE of the many things Rangers supporters should be be glad of, now that Craig Whyte owns the club, is that he is a Bluenose.
Funnily enough he's binned all the anti BBC stuff from when the first Whyte documentary aired.
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My mistake, was heroin.
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Sky one just now in Glasgow, woman overdoses on Valium, when they get there, you guessed it she's wearing a rangers top, obviously it was all too much for her.
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Anyone else sussed that Di Stefano is working for Stuart Regan and Neil Doncaster as the last chance saloon?
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He isn't as good as bomber but it's close.
I love legal speak
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name='Enrico Annoni' timestamp='1343123594' post='6461274']
"@STVRaman: STV has learned former Hearts duo Craig Beattie and Ian Black are to train with Rangers this week - starting today
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"@STVRaman: STV has learned former Hearts duo Craig Beattie and Ian Black are to train with Rangers this week - starting today
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This whole saga has aged Chic Young.
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Sitting in the pub last night, minding my own business. When in comes this very attractive girl, wearing not only a Sevco top but a scarf also. She then proceeds to give me the glad eye for half an hour, before bringing me a pint of lager and chatting me up for another half hour........Finally she said to me 'fancy taking me home?'..... I said 'sorry hen, but you're not in my league'
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If I opened a cafe with the company name "Chicken Wings Over Scotland", I still couldn't trade as "McDonalds" and put that name over the door.
You could if McDonalds gave you permission to use their name.
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If I opened a cafe with the company name "Chicken Wings Over Scotland", I still couldn't trade as "McDonalds" and put that name over the door.
You could if McDonalds gave you permission to use their name.
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Sky aren't showing any games apparently this season?
f**k off Sky
Do you say that because the schedule is off Sky at the moment? It was confirmed it was taken down while they rejig the fixtures.
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Feel sorry for all bigots who took time off work etc AGAIN especially gloryhunters we had travelling from from England and Inverness etc.
Over 2000 tickets sold in 4 days from all over Britain, We Truly Are The People Who Everyone Laugh At.
I wholeheartedly agree.
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Big Rangers Administration/Liquidation Thread - All chat here!
in Celtic v Rangers, Rangers v Celtic
Posted
Its a case of journalism by numbers - what will i do for my column this week? Ill regurgitate old shit other people have said, ignoring more current information and spend the rest of the week at the bookies.
Gilmour backtracked on his comments, saying actually it wasnt as bad as it first looked (surprise surprise), so the column isnt even meaningful when the main basis for it is his quote.