bennett Posted February 20, 2014 Share Posted February 20, 2014 Emergency loans can't be classed as an investment Benny. Read the post again and it should be plain what i meant by investment... 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted February 20, 2014 Share Posted February 20, 2014 (edited) In a statement to the London Stock Exchange, the club said documentation and terms have not been finalised. So it's not a done deal yet. Why the happiness from the Orcs? It is anticipated these loans will not be repaid but converted into shares later this year, strengthening the positions of both groups at boardroom level. Is that at today's share price or a future share price? The arrangements are expected to be ratified and rubber-stamped at a board meeting scheduled for today. Rubber stamps, rubber cheques, bouncy, bouncy. Tick tock. eta just saw your post Mikebhoy123, please excuse repitition. Edited February 20, 2014 by cyderspaceman 0 Quote Link to comment Share on other sites More sharing options...
CityDave Posted February 20, 2014 Share Posted February 20, 2014 Read the post again and it should be plain what i meant by investment... The investment hasn't happened yet, so this can't be an investment. Bet you think this quacks like a duck, walks like a duck etc... 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted February 20, 2014 Share Posted February 20, 2014 What does the article actually say.. Is it £1.5m operating money in return for £1.5m of shares or along the lines of them getting their 'investment' doubled or trebled in return? The investment hasn't happened yet, so this can't be an investment. Bet you think this quacks like a duck, walks like a duck etc... Please tell me you're at the wind up here? And people wonder why most Rangers fans have stopped making serious posts on here.. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted February 20, 2014 Share Posted February 20, 2014 We know why the post pish, because they have f**k all, absolutely f**k all over any club supports. Eh? Are you getting angry again... 0 Quote Link to comment Share on other sites More sharing options...
MONKMAN Posted February 20, 2014 Share Posted February 20, 2014 I've a strange feeling of de ja vu at the moment. I genuinely hope from the bottom of my heart, that they die again. 0 Quote Link to comment Share on other sites More sharing options...
CityDave Posted February 20, 2014 Share Posted February 20, 2014 Please tell me you're at the wind up here? And people wonder why most Rangers fans have stopped making serious posts on here.. What people and how do you know they are wondering or are you talking about yourself as a third person? 0 Quote Link to comment Share on other sites More sharing options...
Kyle Posted February 20, 2014 Share Posted February 20, 2014 Hold on - the wee Hibs investors paid off a bank loan last week and it was fabulous news. Rangers investors do it and it's 'a dubious last minute loan'? Desperate, fantasy stuff over recent months from the plastics and diddies - I can well understand your pain at this most recent failure of your mystic meg wishes. It's a cracking news day - not as good as the title stripping outcome I know - but decent enough. You surely don't believe that this is good news? A working capital loan, barely a year after the IPO garnered , what, £22million? Especially when you consider who is giving out the loan... 0 Quote Link to comment Share on other sites More sharing options...
Bookies Love Me Posted February 20, 2014 Share Posted February 20, 2014 What does the article actually say.. Is it £1.5m operating money in return for £1.5m of shares or along the lines of them getting their 'investment' doubled or trebled in return? Can't say what their planning with shares. But do you think this could mean an off-load of players in the close season to curb their finances because surely the season ticket money can't stretch that far? I take it that will mean no "war chest" for ally. 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted February 20, 2014 Share Posted February 20, 2014 You surely don't believe that this is good news? A working capital loan, barely a year after the IPO garnered , what, £22million? Especially when you consider who is giving out the loan... Mr. Easdale addresses the faithful............... [yt] [/yt] 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted February 20, 2014 Share Posted February 20, 2014 Can't say what their planning with shares. But do you think this could mean an off-load of players in the close season to curb their finances because surely the season ticket money can't stretch that far? I take it that will mean no "war chest" for ally. Maybe, we should see the squad being reduced but i think that'll be more to bring the wage bill down rather than bring in transfer fees. Season tickets will probably increase in price but i know a lot of fans who A) won't give the crooks anymore money and B) Will go on a game to game to basis, so unless they pull off a PR masterstroke i can't see season tickets plugging that big a gap. £75m warchest. 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted February 20, 2014 Share Posted February 20, 2014 Season tickets will probably increase in price but i know a lot of fans who A) won't give the crooks anymore money and B) Will go on a game to game to basis, so unless they pull off a PR masterstroke i can't see season tickets plugging that big a gap. How much does Watty Smith cost to hire for a month long PR drive, is it still 50k? 0 Quote Link to comment Share on other sites More sharing options...
Romeo Posted February 20, 2014 Share Posted February 20, 2014 This money is to pay wages. There is nothing left. Sevco are relying on ra berz to bail them out at season ticket time. 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted February 20, 2014 Share Posted February 20, 2014 This money is to pay wages. There is nothing left. Sevco are relying on ra berz to bail them out at season ticket time. I'm going for a 1.5m upgrade to the wifi. 0 Quote Link to comment Share on other sites More sharing options...
WhiteRoseKillie Posted February 20, 2014 Share Posted February 20, 2014 So, the loan's for working capital. As in, they need an advance simply to operate. Were they unable to obtain this loan, surely they'd be trading while insolvent? Furthermore, as they've exhausted all "mainstream" sources of finance, and have had to draw up a deal with a somewhat "unorthodox" businessman, what does that say about their general viability? FWIW, I hope they manage to limp on past the end of the season. Starting next year with a massive points penalty would soon show how "loyal" the gloryhunting fúckers really are. Working Capital. That some of the horde's mood is buoyant and celebratory says it all, and goes a long way to explaining why they sat on their fat arses while the old club died. Evidently, not only can you tell them shite is sugar as long as you dress it up in a WATP soundbite - even when the club's statement blatantly says they're skint after spunking tens of millions in the lower divisions, all they see is "£1.5 million". Half of the thick cúnts are probably already making lists of players for Ally to buy for next season. -1 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted February 20, 2014 Share Posted February 20, 2014 The investment hasn't happened yet, so this can't be an investment. Bet you think this quacks like a duck, walks like a duck etc... Great stuff, love seeing rangers fans on here bury their heads in the sand That would be looks like an ostrich, talks like an ostrich, walks like an ostrich it mostly is an ostrich. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted February 20, 2014 Share Posted February 20, 2014 Maybe, we should see the squad being reduced but i think that'll be more to bring the wage bill down rather than bring in transfer fees. Season tickets will probably increase in price but i know a lot of fans who A) won't give the crooks anymore money and B) Will go on a game to game to basis, so unless they pull off a PR masterstroke i can't see season tickets plugging that big a gap. £75m warchest. How much are your STs the now? Ours was around £225 this season. surely the maximum you could charge would be £275 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted February 20, 2014 Share Posted February 20, 2014 The Daily Record are selling the story as if it's a great news piece with the headline "£1.5M cash boost for Gers" They make it sound like they've sold a player or got Unexpected TV money through. How long is it gonnae take for the penny to drop? 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted February 20, 2014 Share Posted February 20, 2014 How much are your STs the now? Ours was around £225 this season. surely the maximum you could charge would be £275 I never renewed last season and the same this season, i'm guessing around the £300 mark but Tedi or No.8 will know. As i said unless they pull off a major PR coup then i can't see them flogging enough ST's. Give us some honesty and transparency then i'd renew and pay up to around the £500 mark. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted February 20, 2014 Share Posted February 20, 2014 The Daily Record are selling the story as if it's a great news piece with the headline "£1.5M cash boost for Gers" They make it sound like they've sold a player or got Unexpected TV money through. How long is it gonnae take for the penny to drop? It's a tabloid newspaper, it's what they do. People have to read the story and not thr headline. 0 Quote Link to comment Share on other sites More sharing options...
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