Big Rangers Administration/Liquidation Thread - All chat here!

[Gaz]

The kit man being on £120k and having a company car is fucking hilarious

[hellbhoy]

Football friends of mine in France didn't even know that Rangers had gone bust.

Rangers fans don't even know the club went bust

[Monkey Tennis]

A sensible post from the Bears' Den:

"We could simply buy a new set of strips for each game. Say 100 quid per player for a full strip. So say around 1700 quid total per game. Then right now 50 games per season. That's 85 grand. Still saving nearly 100K and no need to wash strips for 180K for two Kitmen or company cars."

That really puts things in perspective.

And he's overlooked the 75p Rangers would get back from buying each of those shirts from themselves. It's a brilliant plan.

[hellbhoy]

The kit man being on £120k and having a company car is fucking hilarious

He is also on a clean shorts bonus.

[hellbhoy]

And he's overlooked the 75p Rangers would get back from buying each of those shirts from themselves. It's a brilliant plan.

Don't forget the sell on value to the loyalist fan base after each game, could fetch well over the selling price of a replica strip. I might be tempted to buy the keepers strip after Simenson has dropped a huge one in the upcoming new OF fixture if the strip isn't too brown.

[Gaz]

How the hell did they go through an administration and not one person in the administrator's team think "hang on a second, £3,000 per week between two folk to wash some kits? Nope, that's got to stop!"

[thelegendthatis]

And here is Bennett with said reply sir,

I just don't get the Rangers supporters on here (and on Rangers Media). Their club is disintegrating before their eyes and they want to talk about whether there is a proddy flute band connected to Everton or similar nonsense.

With the news today about the Norman Atlantic ferry on fire between Greece and Italy people were standing on the decks and the soles of their shoes were melting from the heat of the fire. Just like what Rangers fans have experienced over the last few years.

Instead of dealing with the problems of the burning ship they want to talk about their last ports of call, how nice the head waiter was, and whether the captain was 'one of us' or not! Using the itinerary of the next trip of the Norman Atlantic they will be salivating about the exciting places they will be going, and the wonderful people who will be on board with them, and the top notch cabin they will book.

Meanwhile they can't breathe from the smoke, hopping around as their feet burn.

Wake up you Rangers supporters. Smell the smoke!

[stonedsailor]

Getting am image of Stoney as uncle Albert..

Whatever gets you off beeny, but remember what I told you before, I don't swing that way just keep me as a dirty wee fantasy.

[stonedsailor]

Spoken like a true seafarer, just don't let any others know about it FFS.

Do ye really think any of these monkeys has what it takes?

[hellbhoy]

I just don't get the Rangers supporters on here (and on Rangers Media). Their club is disintegrating before their eyes and they want to talk about whether there is a proddy flute band connected to Everton or similar nonsense.

With the news today about the Norman Atlantic ferry on fire between Greece and Italy people were standing on the decks and the soles of their shoes were melting from the heat of the fire. Just like what Rangers fans have experienced over the last few years.

Instead of dealing with the problems of the burning ship they want to talk about their last ports of call, how nice the head waiter was, and whether the captain was 'one of us' or not! Using the itinerary of the next trip of the Norman Atlantic they will be salivating about the exciting places they will be going, and the wonderful people who will be on board with them, and the top notch cabin they will book.

Meanwhile they can't breathe from the smoke, hopping around as their feet burn.

Wake up you Rangers supporters. Smell the smoke!

The bears are still in hibernianation.

[hellbhoy]

Whatever gets you off beeny, but remember what I told you before, I don't swing that way just keep me as a dirty wee fantasy.

WTF Stoney ?

[stonedsailor]

Oh come on Bellboy, do you no get flattered when someone shows such an interest?

Autocorrect can be funny!

Edited December 29, 2014 by stonedsailor

[thenolly]

All corrupt businesses need someone to do the laundry

[hellbhoy]

Oh come on Bellboy, do you no get flattered when someone shows such an interest?

Autocorrect can be funny!

I now fully expect the bears to pick up on your auto-correction and expand on it's content,

[Monkey Tennis]

How the hell did they go through an administration and not one person in the administrator's team think "hang on a second, £3,000 per week between two folk to wash some kits? Nope, that's got to stop!"

One of many questions regarding the bizarre conduct of Duff and Phelps throughout the admin process. I'm definitely no expert here, but it was like no administration I've ever known of before. It probably helps to explain why they're in trouble now.

[shull]

Aye No 8 .

[Gogs Grog]

Do ye really think any of these monkeys has what it takes?

Nope, wouldn't last a couple of days let alone a trip. Think they won't have to worry about tax rebates. Edited December 29, 2014 by Gogs Grog

[Monkey Tennis]

Nope, wouldn't last a couple of days let alone a trip. Think they won't have to worry about tax rebates.

You have the hands of a woman!

[WeeHectorPar]

http://www.dailyrecord.co.uk/sport/football/football-news/rangers-boxing-day-begging-letters-4891366

Rangers' Boxing Day begging letters: Ibrox chief David Somers sends desperate emails at 4am in panic-stricken bid for cash

• Dec 30, 2014 06:41
• By Keith Jackson

RANGERS chairman David Somers sent out pleading emails to wealthy individuals on Boxing Day in a bizarre bid to raise money for cash-strapped Gers

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David Somers and chief executive Derek Llambias

PANIC-stricken chairman David Somers pleaded for someone to save Rangers from financial meltdown in the New Year – by sending out begging letters at 4am on Boxing Day.

Record Sport understands Somers sent the emails to a number of wealthy individuals in a bizarre early morning attempt to raise the millions needed to keep the Ibrox club in business in January.

The cash appeal – which indicates the high level of boardroom concern at the club’s latest plight – was launched just two days after the SFA blocked Mike Ashley’s plan to plough around £8million into the club by taking his holding up to 29.9 per cent.

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And the apparent urgent nature of this latest move has shocked those potential saviours who woke on Boxing Day to discover they had been contacted by the man at the head of the crisis-hit regime.

It’s understood Somers asked all the various parties, including Sales Sharks owner Brian Kennedy, if they would be prepared to step into Ashley’s shoes by underwriting a share issue and snapping up more than 40 million new shares. Failing that, Somers asked if any of them would be willing to lend large amounts of emergency cash to the club on a secured basis.

As of last night, there was no indication that Somers had been successful with either request. Last night the Rangers chairman could not be contacted.

The move came after a trio of wealthy Rangers fans, Douglas Park, George Letham and George Taylor, put together an offer of £6.5m to underwrite the anticipated emergency share issue in an attempt to win control of the club back from Sports Direct magnate Ashley.

A separate offer of £16m in funding from South African-based businessman Dave King remains on the table despite being rejected by the Rangers board two months ago when they chose instead to accept a drip feed of crisis loans from Ashley.

Things are getting desperate. Surely the end is in sight.

[dave.j]

What's Jack Irvine up to these days?