hellbhoy Posted October 18, 2013 Share Posted October 18, 2013 Which assets? Numerous previous posts have pointed out that Ibrox is worth nothing except as a football stadium, of which we already have a surplus. Ibrox and it's assets is worth around at least £4 million in rent a year and multiply that by 20 years and Octopus/Ticketus gets back it's dosh and then some more,as long as there is a football club at Ibrox called Rangers in name then it's rich pickings assuming they make it to the top tier to be exploited financially. Also these companies who would exploit their predicament can play the long game here and do not need a fast return on their investment if there should never be a football played there for 10 years,as the stadium collapses under no maintenance the land there will eventually become desirable at such a close location to the city centre and would become a prime location. Companies who hedge funds will calculate the future risks and will estimate the value of their acquisitions years ahead and not so much on the quick return spivs approach. 0 Quote Link to comment Share on other sites More sharing options...
scottxs Posted October 18, 2013 Share Posted October 18, 2013 Reading the Sir Craigy Whyte stuff you can just imagine him back then rubbing his hands thinking yow much fun and money is about to head his way "I wonder how many times I can f**k them before they wake up?"the answer is to many to count 0 Quote Link to comment Share on other sites More sharing options...
Bloomogganners Posted October 18, 2013 Share Posted October 18, 2013 The rangers fans really didn't see it coming. It's all thanks Sir David, let's get Sir Walter blah blah. Or it's who we gonna get to partner jelavic? Answer : Everton. Not surprising they didn't given the coverage that was coming from Scotlands MSM at the time from alleged journalists. 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted October 18, 2013 Share Posted October 18, 2013 Ahhh hopes http://forum.rangersmedia.co.uk/index.php?showtopic=186322 Astounding stuff there, one humiliating display of servile, ball-gargling sycophancy after another. No doubt we'll discover that these embarrassingly thick Rangers fans aren't representative of the wider support, just like they aren't whenever Rangers fans riot or sing proscribed songs en masse or swallow obvious lies. For now though, it's worth recalling that the Teds lined up to give Craigy Whyte a series of Dyson-strength sookies the second he issued his first press release, not least because they're about to do the same to Dave King. 0 Quote Link to comment Share on other sites More sharing options...
Sergeant Wilson Posted October 18, 2013 Share Posted October 18, 2013 lolzers, they now want the idiots to pay for the building materials in a revamped brick initiative Still was one of my fav moments so far , when the wifie on radio Scotland said she had got one for her wean for Christmas . tmp_Screenshot_2013-10-18-17-59-10-175166101.png tmp_Screenshot_2013-10-18-18-02-59-1046510724.png ^^^ one for Tedi... Will they still burn the names on to the brick with a fag? 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted October 18, 2013 Share Posted October 18, 2013 Ibrox and it's assets is worth around at least £4 million in rent a year and multiply that by 20 years and Octopus/Ticketus gets back it's dosh and then some more,as long as there is a football club at Ibrox called Rangers in name then it's rich pickings assuming they make it to the top tier to be exploited financially. Also these companies who would exploit their predicament can play the long game here and do not need a fast return on their investment if there should never be a football played there for 10 years,as the stadium collapses under no maintenance the land there will eventually become desirable at such a close location to the city centre and would become a prime location. Companies who hedge funds will calculate the future risks and will estimate the value of their acquisitions years ahead and not so much on the quick return spivs approach. -2 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted October 18, 2013 Share Posted October 18, 2013 Not surprising they didn't given the coverage that was coming from Scotlands MSM at the time from alleged journalists. The RTC Blog was up and running at that point warning about The Motherwell Born Billionaire and the dangers of insolvency. He was a mad timmy blogger though. 0 Quote Link to comment Share on other sites More sharing options...
Shanghai Loon Posted October 18, 2013 Share Posted October 18, 2013 Ibrox and it's assets is worth around at least £4 million in rent a year and multiply that by 20 years and Octopus/Ticketus gets back it's dosh and then some more,as long as there is a football club at Ibrox called Rangers in name then it's rich pickings assuming they make it to the top tier to be exploited financially. Also these companies who would exploit their predicament can play the long game here and do not need a fast return on their investment if there should never be a football played there for 10 years,as the stadium collapses under no maintenance the land there will eventually become desirable at such a close location to the city centre and would become a prime location. Companies who hedge funds will calculate the future risks and will estimate the value of their acquisitions years ahead and not so much on the quick return spivs approach. Not sure why Bennett would find this funny, this is a real possibility. Does anyone think that the fans would see the club play anywhere other than Ibrox? I mean it's not like there will be people queuing up for another share issue and I doubt the current investors really want their investment diluted. 0 Quote Link to comment Share on other sites More sharing options...
Fotbawmad Posted October 18, 2013 Share Posted October 18, 2013 Sevco wedding of the year 0 Quote Link to comment Share on other sites More sharing options...
Stag Nation Posted October 18, 2013 Share Posted October 18, 2013 Ibrox and it's assets is worth around at least £4 million in rent a year and multiply that by 20 years and Octopus/Ticketus gets back it's dosh and then some more,as long as there is a football club at Ibrox called Rangers in name then it's rich pickings assuming they make it to the top tier to be exploited financially. Also these companies who would exploit their predicament can play the long game here and do not need a fast return on their investment if there should never be a football played there for 10 years,as the stadium collapses under no maintenance the land there will eventually become desirable at such a close location to the city centre and would become a prime location. Companies who hedge funds will calculate the future risks and will estimate the value of their acquisitions years ahead and not so much on the quick return spivs approach. So who is going to pay £4 million a year to rent a football stadium in Govan? Oh, I forgot - Clyde are still looking for a home. Problem solved. 0 Quote Link to comment Share on other sites More sharing options...
thehoss Posted October 18, 2013 Share Posted October 18, 2013 So who is going to pay £4 million a year to rent a football stadium in Govan? Oh, I forgot - Clyde are still looking for a home. Problem solved. Isn't the simple answer the rangers fans. 0 Quote Link to comment Share on other sites More sharing options...
Bloomogganners Posted October 18, 2013 Share Posted October 18, 2013 Ibrox and it's assets is worth around at least £4 million in rent a year and multiply that by 20 years and Octopus/Ticketus gets back it's dosh and then some more,as long as there is a football club at Ibrox called Rangers in name then it's rich pickings assuming they make it to the top tier to be exploited financially. Also these companies who would exploit their predicament can play the long game here and do not need a fast return on their investment if there should never be a football played there for 10 years,as the stadium collapses under no maintenance the land there will eventually become desirable at such a close location to the city centre and would become a prime location. Companies who hedge funds will calculate the future risks and will estimate the value of their acquisitions years ahead and not so much on the quick return spivs approach. Rangers Retail Limited was founded on 13 Jul 2012. The organisation's status is listed as "Live"and it currently has 4 directors. It was founded by Mr David Michael Forsey, Mr Barry John Leach. It's other two directors are Mr Green & Mr Stockbridge. It used to be known as Sdi Newco No.1 Limited a joint venture with sports retailer SportsDirect.com. Rangers International Football Club Plc the parent company of The Rangers Football Club Limited only has The Rangers Football Club Limited and The Rangers Football CLub Limited has no subsidury companies. Expect Mr Green and chums own the "Rangers" brand etc after all he did pay £1 for them so all legal above board stuff. Which will be a nice little earner for him and his chums but not for The Rangers Football CLub Limited. Asset stripping is what it is. 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted October 18, 2013 Share Posted October 18, 2013 Rangers Retail Limited was founded on 13 Jul 2012. The organisation's status is listed as "Live"and it currently has 4 directors. It was founded by Mr David Michael Forsey, Mr Barry John Leach. It's other two directors are Mr Green & Mr Stockbridge. It used to be known as Sdi Newco No.1 Limited a joint venture with sports retailer SportsDirect.com. Rangers International Football Club Plc the parent company of The Rangers Football Club Limited only has The Rangers Football Club Limited and The Rangers Football CLub Limited has no subsidury companies. Expect Mr Green and chums own the "Rangers" brand etc after all he did pay £1 for them so all legal above board stuff. Which will be a nice little earner for him and his chums but not for The Rangers Football CLub Limited. Asset stripping is what it is. Definitely the gift that keeps on giving for the spivs. I know we all like to laugh at the stupid sevconians, but I'd it any wonder they get confused by the myriad of dodgy companies and individuals involved in stripping the carcass. I honestly think the best thing for the fans last year would have been a Foundation of Rangers that was willing to start afresh, possibly in the juniors and possibly not at Ibrox. Ibrox continues to be a huge weight(both emotional and financial) around the neck of the newco that the spivs can use to ransom, alà chucky in the summer of 2012. 0 Quote Link to comment Share on other sites More sharing options...
Benjamin_Nevis Posted October 18, 2013 Share Posted October 18, 2013 Ibrox and it's assets is worth around at least £4 million in rent a year and multiply that by 20 years and Octopus/Ticketus gets back it's dosh and then some more,as long as there is a football club at Ibrox called Rangers in name then it's rich pickings assuming they make it to the top tier to be exploited financially. Also these companies who would exploit their predicament can play the long game here and do not need a fast return on their investment if there should never be a football played there for 10 years,as the stadium collapses under no maintenance the land there will eventually become desirable at such a close location to the city centre and would become a prime location. Companies who hedge funds will calculate the future risks and will estimate the value of their acquisitions years ahead and not so much on the quick return spivs approach. Nonsense. Govan is a fucking shit-tip, and the land Ibrox sits on is worth hardly anything. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted October 18, 2013 Share Posted October 18, 2013 So who is going to pay £4 million a year to rent a football stadium in Govan? Oh, I forgot - Clyde are still looking for a home. Problem solved. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted October 18, 2013 Share Posted October 18, 2013 Nonsense. Govan is a fucking shit-tip, and the land Ibrox sits on is worth hardly anything. Over 20 years ago Partick was a fucking shitehole near the city centre and look at it now with the yuppie influx . No one can tell the exact future but eventually the green belt will fill up and then brown zones like Govan become desirable by location,especially the location (<1 mile from city centre),amenities & road access and blah blah the area has.If you need a real working model then Paris & London and how the land value and desirability become centralised around the city centre and then land value spirals and then the rich move in. Albeit Govan is a shitehole now but if The Clone Rangers went extinct and the yuppies moved in and around the area then slowly it will become a land to acquire for wealthier types . 0 Quote Link to comment Share on other sites More sharing options...
No8. Posted October 18, 2013 Share Posted October 18, 2013 Nonsense. Govan is a fucking shit-tip, and the land Ibrox sits on is worth hardly anything. It is not only Govan but the whole of that area for miles around. An absolute midden of a place. HBQC has a point about the transport links etc but Kinning Park,Cessnock,Ibrox,Govan,Drumoyne and so on ...that is a helluva lot of cleaning up to be done. 0 Quote Link to comment Share on other sites More sharing options...
aofjays Posted October 18, 2013 Share Posted October 18, 2013 You must be on your 2nd bottle of spirits Ibrox is about 3 miles from the City Centre....... If your prophecy comes true Rangers will become the Sloan Rangers. But it's right next to the BBC and STV, I'm sure if you could get rid of the locals the luvvies would love it. -1 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted October 18, 2013 Share Posted October 18, 2013 You must be on your 2nd bottle of spirits Ibrox is about 3 miles from the City Centre....... If your prophecy comes true Rangers will become the Sloan Rangers. Govan is itself at the shoreline of the Clyde is less than a mile from the City Centre from nearest point to point ,yes about 3 miles by road and not as the crow flies but if you travel in No8's taxi because the road layout has you go via Paisley then it's fair to say that becomes over 20 miles . 0 Quote Link to comment Share on other sites More sharing options...
saint john Posted October 18, 2013 Share Posted October 18, 2013 (edited) Govan is itself at the shoreline of the Clyde is less than a mile from the City Centre from nearest point to point ,yes about 3 miles by road and not as the crow flies but if you travel in No8's taxi because the road layout has you go via Paisley then it's fair to say that becomes over 20 miles . You've been in No8's taxi!!! :lol: Must have seen you comming! Spiv!!! Edited October 18, 2013 by saint john 0 Quote Link to comment Share on other sites More sharing options...
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