Monkey Tennis Posted January 15, 2016 Share Posted January 15, 2016 (edited) Ok, I'm going to do something absurd and take the board's figures here at face value. Let's say that Rangers have managed to turn into a business losing around £1m a year, having formerly been one that lost close to that each month. That's terrific progress against a backdrop that sees the team on the pitch in a much stronger position than at this point last season. Realistically though, how much more income can Rangers generate next season if they make the top flight? Prize money goes up, but it doesn't suddenly multiply like in England, or even like in SPL days. More can surely be charged at the gate and ST sales should remain healthy, but the team will have to get a fair bit better I think. Genuine question: How patient will Rangers fans be with a team that perhaps finishes fifth and might take a further three years say, to mount a title challenge? Will this be an issue, should such a scenario play out? Edited January 15, 2016 by Monkey Tennis 0 Quote Link to comment Share on other sites More sharing options...
calum_gers Posted January 15, 2016 Share Posted January 15, 2016 Ok, I'm going to do something absurd and take the board's figures here at face value. Let's say that Rangers have managed to turn into a business losing around £1m a year, having formerly been one that lost close to that each month. That's terrific progress against a backdrop that sees the team on the pitch in a much stronger position than at this point last season. Realistically though, how much more income can Rangers generate next season if they make the top flight? Prize money goes up, but it doesn't suddenly multiply like in England, or even like in SPL days. More can surely be charged at the gate and ST sales should remain healthy, but the team will have to get a fair bit better I think. Genuine question: How patient will Rangers fans be with a team that perhaps finishes fifth and might take a further three years say, to mount a title challenge? Will this be an issue, should such a scenario play out? We can't generate a whole lot more. Realistically we're hamstrung for the next 7 or so years, the Europa league will be our and selling players for a profit. We all know this. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted January 15, 2016 Share Posted January 15, 2016 We can't generate a whole lot more. Realistically we're hamstrung for the next 7 or so years, the Europa league will be our and selling players for a profit. We all know this. Monkey has been told this countless times, yet he keeps on asking again and again and again. 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted January 15, 2016 Share Posted January 15, 2016 Realistically though, how much more income can Rangers generate next season if they make the top flight? Prize money goes up, but it doesn't suddenly multiply like in England, or even like in SPL days. More can surely be charged at the gate and ST sales should remain healthy, but the team will have to get a fair bit better I think. Genuine question: How patient will Rangers fans be with a team that perhaps finishes fifth and might take a further three years say, to mount a title challenge? We'll sell more STs. Another 5,000 at (say) £300 would generate £1.5M. We'll also more pay per game fans as there'll be more more attractive games. Sponsorship/hospitality/endorsements will all be more lucrative. I'd say adding about £3M to the top line shouldn't be a stretch even if we don't win anything. The bottom line will be improved by the removal of Law, Clark, Templeton and Bell. We're also likely to face fewer court cases so our legal bills (which are the equivalent of a good-quality player or three) will be lower. The big imponderables are recruitment in.and 'transfers out'. Can we sell high and buy low? That's likely to be significant. 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted January 15, 2016 Share Posted January 15, 2016 A European slot and a cup each season will be a realistic target for us with a wage bill around £7.5m. Then again celtic might keep Ronny Roar. Will this be enough for fans though? I'm not being facetious. So much of the rhetoric involves being 'back' where they belong. I don't think that means 3rd or 4th. Will that put the club and its management - at all levels - under pressure? 0 Quote Link to comment Share on other sites More sharing options...
Farrah Swango Posted January 15, 2016 Share Posted January 15, 2016 A European slot and a cup each season will be a realistic target for us with a wage bill around £7.5m. Then again celtic might keep Ronny Roar. How much was the wage bill when you couldn't win the championship or diddy cup out of interest ? 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted January 15, 2016 Share Posted January 15, 2016 Will this be enough for fans though? I'm not being facetious. So much of the rhetoric involves being 'back' where they belong. I don't think that means 3rd or 4th. Will that put the club and its management - at all levels - under pressure? Our fans have been absolutely brilliant. To sell 30k+ season tickets in our 4th season outside of the 1st league and to have Ibrox sold out for a few games so far is credit-worthy. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted January 15, 2016 Share Posted January 15, 2016 How much was the wage bill when you couldn't win the championship or diddy cup out of interest ? We had an Ally, special circumstances. 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted January 15, 2016 Share Posted January 15, 2016 No, they have the ability to allot shares but it has to be to all shareholders in the same proportion as their existing holdings. The only way these loans can be converted is if Rangers can get a motion passed at the AGM removing pre-emptive rights. The last twice they have tried to do this it has been voted down. But not in a Lidl bag. 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted January 15, 2016 Share Posted January 15, 2016 he could have invested in a football club/company From the BBC report: The figures from July to December 2015 were lodged during the hearing, showing an improvement in the club's accounts. The sheriff said that document "did change the whole focus of the hearing". During submissions earlier in the week counsel for Rangers, Christopher Wilson, said that those investing in the club "would not stand by and let the club go under". Delivering his judgment, sheriff Miller said: "It is right to take in to account this fact of the particular nature of the business, its present situation and willingness of those with deep pockets and affection for the club to keep it in business, at least for the foreseeable future." Should the words I've highlighted not really say 'company which owns and operates the club'??? But but, there's nae mechanisimmmmmmmmmm!!!!! 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted January 15, 2016 Share Posted January 15, 2016 But not in a Lidl bag. Shut up Jhack! 0 Quote Link to comment Share on other sites More sharing options...
scottxs Posted January 15, 2016 Share Posted January 15, 2016 But but, there's nae mechanisimmmmmmmmmm!!!!!so is that them lying in court again. ? 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted January 15, 2016 Share Posted January 15, 2016 But but, there's nae mechanisimmmmmmmmmm!!!!! so is that them lying in court again. ? Scotty backing up Klingy. The apotheosis of the blind leading the partially sighted. 0 Quote Link to comment Share on other sites More sharing options...
scottxs Posted January 15, 2016 Share Posted January 15, 2016 Scotty backing up Klingy. The apotheosis of the blind leading the partially sighted.not backing up anyone I asked a question. Did you notice the ? If not why not you notice everything else ? 0 Quote Link to comment Share on other sites More sharing options...
Joe schmo Posted January 15, 2016 Share Posted January 15, 2016 Our fans have been absolutely brilliant. To sell 30k+ season tickets in our 4th season outside of the 1st league and to have Ibrox sold out for a few games so far is credit-worthy. Credit-worthy, you say. The fans maybe, not sure about the club. 0 Quote Link to comment Share on other sites More sharing options...
Ned Nederlander Posted January 15, 2016 Share Posted January 15, 2016 We had an Ally, special circumstances. Very true. Very very true in fact. Mark Warburton has done an excellent job of putting the current squad together, if he were to go could the next guy carry on his good work or would they succumb to the "Rangers Way" and start paying top dollar again? 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted January 15, 2016 Share Posted January 15, 2016 Mark Warburton has done an excellent job of putting the current squad together, if he were to go could the next guy carry on his good work or would they succumb to the "Rangers Way" and start paying top dollar again? If the diddies are reduced to the 'what happens if Warburton leaves' argument then you know we're doing something right. 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted January 15, 2016 Share Posted January 15, 2016 I distinctly said as part of an option, you saw this and deliberately ignored it. If Rangers hold a share option then the other shareholders will have the option to invest if they wish to avoid dilution. I am not sure why you have went on the attack here. I just provided the reason why they cannot do this. Can you provide imfo on what you mean by share option as the normal use of this term would not normally be used in the context of fundraising but in executive or employee rewards. Currently there is no way for Rangers to issue shares to the lenders without either a) paying them back and inviting them to take part in a share offer that was open to all shareholders or; b) getting them to invest more money in a general offer and then paying back the loaned amounts. Only a shareholder vote would allow any other options. 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted January 15, 2016 Share Posted January 15, 2016 Can you provide imfo on what you mean by share option as the normal use of this term would not normally be used in the context of fundraising but in executive or employee rewards. Calm doon, Strychnine. I am sure Teds meant 'issue' rather than 'option'. I'm also sure you knew that. No need to get excited here. -1 Quote Link to comment Share on other sites More sharing options...
bennett Posted January 15, 2016 Share Posted January 15, 2016 Very true. Very very true in fact. Mark Warburton has done an excellent job of putting the current squad together, if he were to go could the next guy carry on his good work or would they succumb to the "Rangers Way" and start paying top dollar again? Well I hope he stays for a few years atleast, any new manager probably won't have a choice in it. Bring em in cheap and try to sell em on for a profit. 0 Quote Link to comment Share on other sites More sharing options...
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