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Big Rangers Administration/Liquidation Thread - All chat here!


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Aaaannnnnd.. now he's back, not bothered at all. :lol:

Although you've been around, haven't you, you playful wee rascal? Just didn't have the arse to post after your hubris smacked you right in the haw maws.

One wee chink of light where your team gets a result* makes up for all the rest of the mediocrity, eh? Well, there's proof of the rangers' Diddy qualifications right there.

*Or the sycophantic loyal think they've got a result...

I was away in London and only got back on Monday evening. I did look in to see if there were any developments and that was it.

As far as the 'chink of light'....

A LIGHT...IT SHONE IN THE NIGHT SOMEWHERE AHEAD...... :P

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I was away in London and only got back on Monday evening. I did look in to see if there were any developments and that was it.

As far as the 'chink of light'....

A LIGHT...IT SHONE IN THE NIGHT SOMEWHERE AHEAD...... :P

Aye, now I remember the news story - "London paralysed by Internet shortage" :lol:

At least Vicky puts some effort into his excuses.

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Have to disagree with you here, Shull. What's happening at rangers is an absolute embarrassment to the Game and the Country. This lot shouldn't even exist, for fúck's sake, and the way they're burning through cash is so blatant any responsible governing body would have put sanctions in place, if not from their conception, then at least once the accounts showed the GDP of small African nations disappearing when they were in the Seaside League.

Stubbs is right*. What would be a good thing for Scottish Football is for this lot to get horsed before we have another clusterfuck like 2012.

*At least, what you've quoted there is right. Bang on the fucking money, in fact. I agree he probably didn't mean it that way, though.

It's a toughie. On the one hand i have very nearly laughed myself to death at the expense of theTheRangers fans and their suffering (NoB in particular is amusing me today) while on the other the behaviour of the thing in Govan that plays in blue is an absolute embarrassment to everyone and everything to do with Scottish football. But they've been a disgrace for so long it's become part of the landscape. A pity, imagine how much better shape our game would be in if they just crawled back under their rock and wasted away quietly.

Doubt the holistic argument works for most bears tho. Oh well *points* Ha Ha

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Whatever happened to Sally's shares? From September.

The club raised £3.13million in their latest rights issue, falling short of their £4million target, but McCoist revealed on Monday that he dipped into his own pocket to invest.

Rangers announced that several plc directors had increased their shareholdings - most significantly James Easdale, who purchased 215,606 of the 20p shares.

The Ibrox board had set a minimum target of selling 15million shares and exceeded that by 667,860.

McCoist - who already owned over a million shares, giving him a stake of just under two per cent - said ahead of Tuesday night's League Cup tie with Inverness: "I did invest. Without going into too much detail, I just thought it was the right thing to

Asked if he had ploughed a "substantial" sum into the rights issue, he replied: "It depends how you would look on it as substantial. A few quid, yes."

http://sport.stv.tv/football/clubs/rangers/305651-who-owns-rangers-our-detailed-breakdown-of-the-shareholders-at-ibrox/?

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02AZUCg.jpg

This, in a nutshell, is pretty much how it's going down at the moment. Needing loans to make payroll every month is basically the definition of trading while insolvent.

Cockwomble really does have a face that you wouldn't tire of punching, doesn't he?

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As much as I agree with Rangers' stance that £18m is quite a low sum of money for complete control of Rangers, This yankee guy has to be the best option surely? One guy wanting to own and run the club? Without all these different portions owned out and everyone having a say? I may have picked that up wrong though as I just skim over most of the articles.

On the whole though I cant say I have any sympathy for where Rangers are at right now, they should've cut their cloth to suit their means as soon as they were liquidated and built themselves back up properly.

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As much as I agree with Rangers' stance that £18m is quite a low sum of money for complete control of Rangers, This yankee guy has to be the best option surely? One guy wanting to own and run the club? Without all these different portions owned out and everyone having a say? I may have picked that up wrong though as I just skim over most of the articles.

On the whole though I cant say I have any sympathy for where Rangers are at right now, they should've cut their cloth to suit their means as soon as they were liquidated and built themselves back up properly.

5.5M to 18M in three years, that's a whore of a mark up. £18M is not a low offer!

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How Ironic it is that the guy who said not to buy season tickets is now the guy holding the most individual shares...yet has no further control of the club than he did when he demanded the boycott.

And is likely being investigated for his part in the share price dropping by asking the fans to boycott and then picking up the shares at a lower price...

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So who does own Rangers?

Good Guy camp 39.16%

Rangers First 610,000 0.75%

Kieran Prior 1,100,740 1.35%

George Taylor 7,575,000 9.30%

George Letham 3,299,515 4.05%

Douglas Park 5,000,000 6.14%

Dave King 11,869,505 14.57%

Aly McCoist 1.31%

Rangers supporters trust 0.86%

Malcolm Murray 0.33%

Walter Smith 0.09%

Phillip Nash 233,031 0.29%

Norman Crighton 96,222 0.12%

Wet Fish camp 23.01% (+12.14% of as yet unknown SE Proxy votes)

Sandy Easdale 4,242,110 5.21%

Mike Ashley 7,265,000 8.92%

Margarita Funds Holding Trust 2,600,000 3.19% (SE Proxy)

James Easdale 572,749 0.70% (SE Proxy)

David Somers 61,186 0.08%

Blue Pitch Holdings 4,000,000 4.91% (SE Proxy)

Undecided voting camp 37.83% (SE has a proxy of 26.15% in total 14.01% of which are detailed above, this leaves a definite 12.14% of this undecided total in the SE Proxy but who they are is unknown)

Unknowns 18.8% 15, 346,938 (small shareholders some of which are Rangers fans, others part of the SE Proxy, some of which are not allocated)

River and Mercantile Asset Management LLP 4,704,827 5.77%

Legal and General Investment Management Limited 2,000,000 2.45%

FMR LLC 2,000,000 2.45%

Discretionary clients of Hargreave Hale 69,450 0.09%

Cazenove Capital Management Limited 2,450,000 3.01%

Artemis 5.26% 4,286,000

Some bloke who's having a bit of light relief from the hurly-burly of owning a big club in the English Premier League.

(Because I hate to break it to you, Tedi - those shares are actually in a holding company)

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The backlash from the support had already started though spineless fuckers had already caved in and bought STs anyway, many fans were calling for other fans to starve them out, DK joined in as did a fair few other prominent fans.

Dear me, we're on a bit of a revisionist roll today, aren't we Pelucía?

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