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Big Rangers Administration/Liquidation Thread - All chat here!


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Lots of conjecture that T3B have secured an agreement over providing loan cash/funding for board inclusion (possibly the 2 places they were after).....providing they dump King?

Raises as many questions as answers in all honesty.

The beginning of the beginning or the delay of the, seemingly, inevitable ?

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Given that gate receipts account for the square root of f**k all in terms of elite EPL clubs' revenue, your assertion is actually groundless. It certainly is a gutter for fading clubs with delusions of grandeur, that their continued, claimed gullible support is no longer actually worth enough to fund genuine success: Newcastle, Celtic, Sevco alike at their own levels. None of those claims actually stand up to the reality of modern football though, as it isn't actually the 1970s anymore, at least outside of Newcastle.

A good point but you overstate your case.

Match day income represents a minority of total revenue but it can still be as significant a chunk as commercial or broadcasting

At most EPL clubs broadcasting is the biggest revenue stream but for Arsenal it's match day income and for Manchester United it's commercial followed by match day income.

It's actually outside the "elite" where broadcasting is the most dominant source of income

Gate receipts aren't the be all and end all, but they're not "the square root of f**k all" either.

With TV revenue getting bigger and the affect of gate receipts on competitive advantage will be diluted further but it's still there

In the case of Newcastle in particular its worth noting that despite pulling huge crowds their gate receipts are less than Spurs get from far less people.

Similarly Arsenal draw fewer people than Man. U. but generate more revenue because tens of thousands of Arsenal fans can afford four figure season ticket prices.

So the strength that Newcastle have in having such a large and devoted following is offset by that following being relatively skint.

A point which should be remembered when hypothesising about Celtic or Rangers playing in England

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A good point but you overstate your case.

Match day income represents a minority of total revenue but it can still be as significant a chunk as commercial or broadcasting

At most EPL clubs broadcasting is the biggest revenue stream but for Arsenal it's match day income and for Manchester United it's commercial followed by match day income.

It's actually outside the "elite" where broadcasting is the most dominant source of income

Gate receipts aren't the be all and end all, but they're not "the square root of f**k all" either.

With TV revenue getting bigger and the affect of gate receipts on competitive advantage will be diluted further but it's still there

In the case of Newcastle in particular its worth noting that despite pulling huge crowds their gate receipts are less than Spurs get from far less people.

Similarly Arsenal draw fewer people than Man. U. but generate more revenue because tens of thousands of Arsenal fans can afford four figure season ticket prices.

So the strength that Newcastle have in having such a large and devoted following is offset by that following being relatively skint.

A point which should be remembered when hypothesising about Celtic or Rangers playing in England

In fairness, I don't think the TV money is significant in the Conference, which is the first level they'd reach with regular televised football.

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In fairness, I don't think the TV money is significant in the Conference, which is the first level they'd reach with regular televised football.

It's just a hypothetical situation. It's usually conjured up in support of the Idea that the rest of the Scottish teams hold them back from being the European Titans that they should be.

Don't have nightmares

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It's just a hypothetical situation. It's usually conjured up in support of the Idea that the rest of the Scottish teams hold them back from being the European Titans that they should be.

Don't have nightmares

I know, it's just that sooner or later they're going to have to get the message that, while there's any money to be had at all, no English club is going to welcome them with open arms. They would bring no benefit - some would say the opposite - to any level of the English pyramid.

For the avoidance of doubt, I'm referring to both would-be titans here.

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While vikington was a little wide of the mark with regards to the "elite" Premiership clubs his argument is a lot stronger with respect to the lesser lights. At clubs like West Brom and Stoke match day revenue accounts for barely 10% of the total.

Theoretically you could, with a good manager and a bit of luck, survive in the EPL with no supporters at all.

Wigan Athletic managed to achieve something not entirely dissimilar for years.

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Rumours abound that details of the latest MA loan are to be released on Monday, will it be alone or a joint affair with T3B's consortium?

The Gummy Bears by themselves (ditching King) will not have the financial clout to combat Ashley ... they must be after the blazers then?

MA will continue to asset strip and hive off the money making streams ....

Austerity will still be the order of the day ... :thumsup2

Agreed, but it's all likely to be about the level of 'austerity' now I suspect.

Given my earlier post comparing Ashley and Green, I can certainly see the sense in this potential (nothing confirmed yet you understand) 'compromise' between the factions seeking to take control at SevCo. However Ashley still holds the trump card by virtue of his wealth and negotiating T3B involvement is a clever move by Ashley to work the fans back into their seats. The idea of not using Ibrox as security after all may well have come from Ashley himself as a means to cut King adrift (finally)

As they say, everyone has their price.

Clearly T3B (well Park and Latham at least) have a reasonably sound business sense and perhaps they also understand the new reality that is Scottish Football and its stature and relative value in 2015.

Only time will tell.

Interesting times ahead.

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While vikington was a little wide of the mark with regards to the "elite" Premiership clubs his argument is a lot stronger with respect to the lesser lights. At clubs like West Brom and Stoke match day revenue accounts for barely 10% of the total.

Theoretically you could, with a good manager and a bit of luck, survive in the EPL with no supporters at all.

Wigan Athletic managed to achieve something not entirely dissimilar for years.

Crystal Palace were the last team I can recall where a smaller support was partly blamed for their failure to compete - back in the mid-90s.

I've missed out on the chance of a trip to Wigan today, coincidentally. Might get up to Pock later, if Mrs WRK gets back from shopping.

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Agreed, but it's all likely to be about the level of 'austerity' now I suspect.

Given my earlier post comparing Ashley and Green, I can certainly see the sense in this potential (nothing confirmed yet you understand) 'compromise' between the factions seeking to take control at SevCo. However Ashley still holds the trump card by virtue of his wealth and negotiating T3B involvement is a clever move by Ashley to work the fans back into their seats. The idea of not using Ibrox as security after all may well have come from Ashley himself as a means to cut King adrift (finally)

As they say, everyone has their price.

Clearly T3B (well Park and Latham at least) have a reasonably sound business sense and perhaps they also understand the new reality that is Scottish Football and its stature and relative value in 2015.

Only time will tell.

Interesting times ahead.

Anyone who understands this, and thinks there's the slightest chance of satisfying the Horde with what's realistic, has to deserve some admiration.

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Anyone who understands this, and thinks there's the slightest chance of satisfying the Horde with what's realistic, has to deserve some admiration.

:lol:

Now now WRK.... we ALL know how easily bought they are.

The 'victory' of keeping Ibrox a non securitised asset will draw a considerable percentage back.

The King fantasists will always be agitating from the sidelines of course but Ashley will ignore them and, potentially, get the team competitive enough to be a genuine domestic challenger at a value for money price tag as opposed to the profligacy that has gone before.

Once that is achieved, the revenue stream will be proof of exactly how well Ashley has played the game.

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While vikington was a little wide of the mark with regards to the "elite" Premiership clubs his argument is a lot stronger with respect to the lesser lights. At clubs like West Brom and Stoke match day revenue accounts for barely 10% of the total.

Theoretically you could, with a good manager and a bit of luck, survive in the EPL with no supporters at all.

Wigan Athletic managed to achieve something not entirely dissimilar for years.

Just picked any old Championship club to see what their sources of income were.

http://www.bwfc.co.uk/news/article/financial-results-announced-31.12.13-1265771.aspx

Interesting comments about financial support from their chairman. But this part I thought was especially significant for Rangers:

"We are responding to a changing environment by improvement and development of the wider Burnden Leisure business interests.
"This year we secured sole ownership of the hotel, expanded our education business and applied for planning permission to increase our non-football operations to improve revenues over the medium to long term."
Here were Rangers right in the middle of an area of high deprivation, could have developed its facilities to do what Bolton is doing. Instead of that they leased out their property to David Murray's call centre business for pennies. Murray's bargain paid for by the Rangers fans. :(
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With another sevco game postponed these fixtures are starting to pile up. Are they going to be around long enough to play these games?

Excuse number one after the game v Celtic

"Our players weren't match fit" (no idea who, exactly, might be saying this)

Next?

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What annoys in all the talk about this loan and that one, securitised or not, and which directors should be sacked and which appointed, is the lack of any mention of sporting integrity. How can it be acceptable for a club to win promotion if they had to borrow millions to do so. IMHO a clubs should NOT be allowed to borrow in-year. If that means they cannot finish a season then so be it. That would be a fairer outcome.

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