sjc Posted September 16, 2014 Share Posted September 16, 2014 Ok, I didn't look at the date. I did think for one minute Rangers were that desperate. I dare say they are that desperate.......and who could blame them to be honest! 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted September 16, 2014 Share Posted September 16, 2014 TRIFC share price slumping again. N-n-n-n-nineteen pence. 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted September 16, 2014 Share Posted September 16, 2014 #prayforsally 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted September 16, 2014 Share Posted September 16, 2014 #prayforsally why? he got them for 1p each! 0 Quote Link to comment Share on other sites More sharing options...
WaffenThinMint Posted September 16, 2014 Share Posted September 16, 2014 TRIFC share price slumping again. N-n-n-n-nineteen pence. I have to admit I had to go check it because I couldn't believe it, but indeed it is 19p http://www.lse.co.uk/SharePrice.asp?shareprice=RFC Back on 1st Sept they were 25p, which was bad enough considering on 1st August they'd been 31. For this rate of decline for a club in season & thereby the money coming in suggests their next shirt sponsors may be Phones4U. 0 Quote Link to comment Share on other sites More sharing options...
Wee Willie Posted September 16, 2014 Share Posted September 16, 2014 ....This bear is voting yes. Well ye cannae be a' that bad 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted September 16, 2014 Share Posted September 16, 2014 TRIFC share price slumping again. N-n-n-n-nineteen pence. You have to hand it to the Rangers supporters organisations, they are buying up as many shares as possible to gain control of their club. The only problem is ?, there will be fcuk all to gain control of by the time they buy enough shares to try and have an influence. Any time soon when the share price drops enough, is there anyone stupid enough to buy the club from the holding company that is heavily indebted to the holding company tied up in erroneous contracts for years to come ? Also when admin is imminent everything that isn't nailed down will swiftly become the property of the holding company before admin takes place. So there won't be the selling of the clubs assets etc to try and pay unpaid bills and the debt owed by the club to the holding company will be settled by removal of all profitable assets and business departments and the club will be stripped down to the basic essentials that constitute a club ie association licences, players registrations and licences, players contracts, company paperwork for tax purposes etc you get the picture. So even if the club plummets to the point of complete insolvency and sent to the liquidator right beside it's previous incarnation there will be nothing of value to try to sell on to clone the club back to life once again. The next Rangers FC I fear will not even have the right to call itself "Rangers Football Club" either with a Ltd or PLC status as both previous incarnations or Ltd & PLC will be in the process of liquidation and the trading images and names will be the property of some other organisation or individual unless the next set of spivs rent or buy the intellectual property from someone else. The logical and proper thing to do is to get one step ahead of the spivs and drive the club and it's holding company into insolvency sooner rather than later so that the fans will then find out what the fcuk is actually happening doon at Ibrokes way. 0 Quote Link to comment Share on other sites More sharing options...
No8. Posted September 16, 2014 Share Posted September 16, 2014 Just asking....Does anybody believe the share price will reach a level where it actually makes the club an attractive proposition to an investor/ supporter such as Dave King? 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted September 16, 2014 Share Posted September 16, 2014 Just asking....Does anybody believe the share price will reach a level where it actually makes the club an attractive proposition to an investor/ supporter such as Dave King? Is he allowed to? -1 Quote Link to comment Share on other sites More sharing options...
Sergeant Wilson Posted September 16, 2014 Share Posted September 16, 2014 Just asking....Does anybody believe the share price will reach a level where it actually makes the club an attractive proposition to an investor/ supporter such as Dave King? It'll need to go in to the negatives. 0 Quote Link to comment Share on other sites More sharing options...
No8. Posted September 16, 2014 Share Posted September 16, 2014 Is he allowed to? I used King as an example of an investor/ supporter. Does there come a tipping point in the share value when it becomes better for both the seller/ buyer to do a deal before Administration? 0 Quote Link to comment Share on other sites More sharing options...
Bing (2) Posted September 16, 2014 Share Posted September 16, 2014 19 p? I wonder who on Earth would have predicted that as being the correct level for a Club of their size / history Anyhoo, the Union of fannies are disgusted that the Board are dealing with a convicted fraudster. How does that sit with their slavering on The Return of the King? "The Union of Fans has already called for the Rangers PLC board to remove Sandy Easdale due to his involvement with convicted fraudster, Rafat Rizvi. But, instead of acting with the necessary propriety, the board issued a statement denying prior knowledge of any involvement from Rizvi. Now, Mr Bin Ahmad of the Malaysian delegation, who the board claimed Rizvi was part of, has also denied all knowledge of him. This further fuels the feeling that the PLC directors are not in fact directing the affairs of the company. There are two possibilities if Mr Bin Ahmad is being truthful. The first is that the board was fully aware of Rizvi's meeting with Sandy Easdale and is complicit in involving Rizvi in the affairs of the club. The second is that Sandy Easdale mislead the board over the reason for Rizvi's involvement. Either way, we repeat our call for the PLC board to disassociate itself from Rizvi by removing Sandy Easdale immediately from his position as a club director.Does Norman Crighton, who is also non-executive Chairman of Weiss Korea Opportunity Fund, welcome Rizvi's involvement? Does David Somers, who also sits on the board of Ace Europe Life PLC and is a trustee at Fujitsu Technologies, condone the involvement of a fraudster wanted by Interpol in a company of which he is Chairman? If the board refuse to remove Mr Easdale then fans and shareholders will be within their rights to assume that they condone the involvement of Mr Rizvi.The board may be able to do little about the block of anonymous shareholders who Mr Easdale represents, and who are linked to Charles Green, Imran Ahmad and Rizvi. However, they can stop Mr Easdale from controlling the affairs of the club, on behalf of those shareholders, through his directorship. Mr Easdale has claimed that he wishes to leave his past behind him and show that he has been rehabilitated. When asked about his conviction for VAT fraud recently, he said "To cast up 17 years ago seems silly when everybody else has moved on. Let's look at what is happening now." Well, we are looking at what is happening now and we find it extremely difficult to ignore his past when he consorts with a convicted fraudster on the Interpol wanted list. If the board and Mr Easdale think this issue is going to go away then they are sadly mistaken." 0 Quote Link to comment Share on other sites More sharing options...
Bing (2) Posted September 16, 2014 Share Posted September 16, 2014 (edited) I used King as an example of an investor/ supporter. Does there come a tipping point in the share value when it becomes better for both the seller/ buyer to do a deal before Administration? Not really. Eta. the 'sellers' in your scenario would be the shareholders. If the break up of the assets realises more than a bid would, then the sensible financial option would be 'admin'. Edited September 16, 2014 by Bing (2) 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted September 16, 2014 Share Posted September 16, 2014 Just asking....Does anybody believe the share price will reach a level where it actually makes the club an attractive proposition to an investor/ supporter such as Dave King? Sorry No8. You clearly misunderstand the situation at Ibrox, the shares issued out through Green's share issue and the last issue are for shares in the holding company only. The club is an asset of the holding company and the fight would be over the holding company itself as it is the entity that has shares on the stock market and not the club as you perceive. Many twists and turns lay ahead in the battle of the spivs & shysters to which most of us won't even see coming. We could post a lot of speculation and conjecture but one thing is certain the cnuts at Ibrox will not let go of the cash cow easily. Your right the club could be sold but here's the sad thing for the fans who bought into the share issue they will not own shares in the club should it be sold and the fans will be left with worthless pieces of paper in the holding company only. The fans will be shafted again. The club may end up in sole control of a megalomaniac. If the club does get sold you can be sure the debt attached to the club will be sold on as well making the club looks twice as less attractive to any possible buyer unless they have £50 million of spare cash for a complete buy out the club plus it's assets and pay off the clubs debt to the holding company. Or ?, someone wrestles for control of the holding company to get the club and the club gets sold off on the cheap debt free to some other shsyter to fleece the fans and a healthy wedge of cash is paid to the spivs offshore on the fly avoiding any tax and payout to the fans. Or the club is reduced to it's bare essentials that the SFA constitute as a club debt free and sold on the cheap to anyone willing to pay rental for the assets and even worse the right to be called "Rangers Football Club". This option is what I think is highly most likely and is most profitable for the spivs and is also the best option for the club for survival as things stand until such time the clubs buys back it's rights and assets to be whole again. Actually as things are currently going the actual ultimate outcome for Rangers fans is to pay the oldco's debt and run this version of Rangers into ground and return as the REAL Rangers with a blip in their history but you'd have the ultimate goal of being the very same club est 1872 and I wouldn't even argue about a single thing. This might end up being the cheapest option as the oldco has paid some of the debt from liquidation to it's creditors. 0 Quote Link to comment Share on other sites More sharing options...
K Dodd Posted September 16, 2014 Share Posted September 16, 2014 I used King as an example of an investor/ supporter. Does there come a tipping point in the share value when it becomes better for both the seller/ buyer to do a deal before Administration? You would have thought, when the shares reached 40ish pence, from the high of around 90p it would have been attractive to someone. Now they have reached a low of 19p, which is lower than the price to be paid by the latest investors on the 18th of this month, it could be a trigger for the initial investors to bail and the arse could really fall out of them. Consider Sally's position, what would you do? 19 times your original investment is a pretty good return. Maybe it will be now that he walks away with some lame excuse about the fans not supporting him, and it's the right thing to do. When in reality he is just accumulating a huge pie fund for his family and mistress. Like a squirrel storing nuts for winter. 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted September 16, 2014 Share Posted September 16, 2014 You would have thought, when the shares reached 40ish pence, from the high of around 90p it would have been attractive to someone. Now they have reached a low of 19p, which is lower than the price to be paid by the latest investors on the 18th of this month, it could be a trigger for the initial investors to bail and the arse could really fall out of them. Consider Sally's position, what would you do? 19 times your original investment is a pretty good return. Maybe it will be now that he walks away with some lame excuse about the fans not supporting him, and it's the right thing to do. When in reality he is just accumulating a huge pie fund for his family and mistress. Like a squirrel storing nuts for winter. Alastair has a mistress ? Whitaboot dignity ? And brown-broguery ? Eh ? Who is this person / cum bucket ? RaPeepul need to be told. 0 Quote Link to comment Share on other sites More sharing options...
K Dodd Posted September 16, 2014 Share Posted September 16, 2014 Alastair has a mistress ? Whitaboot dignity ? And brown-broguery ? Eh ? Who is this person / cum bucket ? RaPeepul need to be told. http://www.dailymail.co.uk/tvshowbiz/article-75839/McCoists-mistress.html It was a while ago, when he was a cheeky chappy, he is a little more rotund now and not quite so attractive to the opposite sex. That's where the dosh might help. (a bar of soap wouldn't go amiss either). 0 Quote Link to comment Share on other sites More sharing options...
K Dodd Posted September 16, 2014 Share Posted September 16, 2014 ffs, I remember this lol that white van at the beginning is a ford bedford (scooby doo van) I preferred the vauxhall version. 0 Quote Link to comment Share on other sites More sharing options...
K Dodd Posted September 16, 2014 Share Posted September 16, 2014 the Chev? yes, that was a van and a half and so was the 3 door chev, easy as pie to soup up My dad had one. We called it the shovit. Wasn't so much souped up as fcuked up. 0 Quote Link to comment Share on other sites More sharing options...
K Dodd Posted September 16, 2014 Share Posted September 16, 2014 apologies for being off track/topic.........very un-roadworthy of me Beats the chit outta the usual bigotry/racism/homophobic/memorial point scoring that usually ensues when there's fek all else to talk about. 0 Quote Link to comment Share on other sites More sharing options...
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