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Big Rangers Administration/Liquidation Thread - All chat here!


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A legitimate point is also made in one of the posts r.e. value: Green bought 'the club' with the assets for £5.5M... then a few months later the Mather chap bought a 10% stake for £1M - meaning the value had doubled. Do we have any info yet on how much of the club a sale of £20M-odd shares would represent, %-wise?

Hibee ! I did a bit of research recently into this share scam and the clubs value when it floats and also Chuckies business practices.

Firstly according to legal sources on Green's business acumen ! he will not float half of the total club and has divided the club into 2 parts now.

1, The club itself

2, The business section of the club outwith footballing matters for matchdays.

What Green is actually selling in his share issue is 50% of the club '1' which means his consortium will still retain 75% percent controlling stake in the whole club including the business section if the business side is valued at 50% of the whole club.The fans are being sold 25% of the club as a whole.SUCKERS ! but Greens consortium need to retain at least 52% of the whole club to call the shots

Now to the value of the club if the share issue is successful :lol:

Supposing the share issue is successful and the share is 25% of the club as a whole raising £20 million in revenue ! and here's the clever bit here according to legal sources ! if 25% of the whole club is worth £20 million then the other 75% automatically is valued at a whopping £60 million because 25% of the club was sold for £20 million and this is where Chuckie will make a fast buck on the value of the remaining shares if he sold them on !.

Another wee thing is the business side ! the fans who buy into this share issue will not be a part of the business side and will not receive any bonuses from any profit made from it and only the consortium will receive bonuses as they will own it.So if the club '1' posts a loss then fans receive feck all !.

Lastly we come to the money raised ! Chuckies consortium are quite rightly by law to keep and share the share issue money as they sold part of the club amongst the consortium ! ALL OF IT ! if they want and there's feck all the fans can do.

%'s are hypothetical in above post and only as reference guide only.

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That money should have gone towards Minty's share issue a long time ago. That was the chance to save oldco yet the typical fan did nothing.

Was only open to certain existing shareholders, for the 67892nd time of telling.

bang_my_head_against_the_wall_by_EeveeBlossom.gif

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As it stands right now you are right but to state that fans are too poor because of the team they support is nonsense, plenty of Rangers fans have been holding back money since we went to into admin for a share issue. Though this share issue needs a lot of questions answered first.

What did the Rangers Fans Fighting Fund ever do with that £500,000 they managed to raise from the fans?

Is it going into the new club, paying off Rangers debts?

Not sure of the relevance that has to my post Rico. Theres a current thread on follow follow about the RFFF, if you have log in - hop over there.

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Was only open to certain existing shareholders, for the 67892nd time of telling.

No, it was open to ALL existing shareholders for the 67892nd time. Also, shares were traded on a public market so any member of the public could have purchase shares before the issue and taken up their rights.

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Rangers: Ally McCoist bullish on club future

Rangers manager Ally McCoist thinks the Ibrox club are on the road to recovery, but has warned fans to be patient.

Or be careful what you wish for.

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Was watching this earlier, Ally's body language is not good. I think if results had been brilliant on the park he would hold a lot more cards.

With the bad away form he is now CG's puppet and this was a cringeworthy appearance.

Ally a naturally charming guy, has changed so much in a couple of years.

CG makes your skin crawl, slimey bugger.

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No, it was open to ALL existing shareholders for the 67892nd time. Also, shares were traded on a public market so any member of the public could have purchase shares before the issue and taken up their rights.

Such blatant lies, you have fun.

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