Podlie Posted June 8, 2015 Share Posted June 8, 2015 What in the name of f**k does "over invest" even mean? Is this recognised buisness speak or some other way of saying that they are going to pish the money up against the wall? Means putting more money into an asset than the asset is worth ie "they are going to pish the money up against the wall". 0 Quote Link to comment Share on other sites More sharing options...
P45 Posted June 8, 2015 Share Posted June 8, 2015 My granny taught me never to trust a man with an eye like a fish. 0 Quote Link to comment Share on other sites More sharing options...
Jambomo Posted June 8, 2015 Share Posted June 8, 2015 What in the name of f**k does "over invest" even mean? Is this recognised buisness speak or some other way of saying that they are going to pish the money up against the wall? I think its a new way of saying war chest. Its the same old, same old that we've heard over the past few years, same message new mouthpiece. 0 Quote Link to comment Share on other sites More sharing options...
H_B Posted June 8, 2015 Share Posted June 8, 2015 I think its a new way of saying war chest. Its the same old, same old that we've heard over the past few years, same message new mouthpiece. Not that I believe for a second that there will actually be more investment in the team but what this would translate to anyway is paying the same level of dross more per week. 0 Quote Link to comment Share on other sites More sharing options...
Thumper Posted June 8, 2015 Share Posted June 8, 2015 "over-invest" is the new moonbeams. Marvellous stuff. 0 Quote Link to comment Share on other sites More sharing options...
MEADOWXI Posted June 8, 2015 Share Posted June 8, 2015 Carry on up the Leagues? Carry on up the leagues.........till the Championship then grind to an embarassing halt 0 Quote Link to comment Share on other sites More sharing options...
H_B Posted June 8, 2015 Share Posted June 8, 2015 So, who's paying the June wages? 0 Quote Link to comment Share on other sites More sharing options...
Podlie Posted June 8, 2015 Share Posted June 8, 2015 So, who's paying the June wages? Jack Warner. 0 Quote Link to comment Share on other sites More sharing options...
H_B Posted June 8, 2015 Share Posted June 8, 2015 Jack Warner. Credit card or through a supermarket? 0 Quote Link to comment Share on other sites More sharing options...
Podlie Posted June 8, 2015 Share Posted June 8, 2015 Credit card or through a supermarket? 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted June 8, 2015 Share Posted June 8, 2015 "Apart from our debt which I can't pay off, we have no debt" Dave King 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted June 8, 2015 Share Posted June 8, 2015 Are rangers fans seriously going back this guy with STs? Surely HE should be trusting the fans and invest first , rather than telling them to back him with cash! 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted June 8, 2015 Share Posted June 8, 2015 Has anyone ever seen Terry Scott and Mike Ashley in the same room together? Terry Scott the comedian? Died years ago, I believe. That probably explains it, then... 0 Quote Link to comment Share on other sites More sharing options...
Owsley Posted June 8, 2015 Share Posted June 8, 2015 (edited) Over spending is the Rangers way after all. And they are Real Rangers Men after all. Ach, what could possibly go wrong? Edited June 8, 2015 by Owsley 0 Quote Link to comment Share on other sites More sharing options...
H_B Posted June 8, 2015 Share Posted June 8, 2015 Over spending is the Rangers way after all. And they are Real Rangers Men after all. Ach, what could possibly go wrong? Have any of either Rangers or The Rangers' owners ever invested any of their own money in the club ? 0 Quote Link to comment Share on other sites More sharing options...
beermonkey Posted June 8, 2015 Share Posted June 8, 2015 Have any of either Rangers or The Rangers' owners ever invested any of their own money in the club ? Nah....They've pocketed a fair bit from the company though. 0 Quote Link to comment Share on other sites More sharing options...
ObserverFromAfar Posted June 8, 2015 Share Posted June 8, 2015 That's the Glasgow's Justice of the Peace added to the list 'enemies of Rangers'. Warrant for arrest of ex-Rangers captain Lee McCulloch 2 hours ago From the section Glasgow & West Scotland A warrant has been issued for the arrest of former Rangers captain Lee McCulloch after he failed to appear in court to face a charge of speeding. The 37-year-old was expected to appear at Glasgow's Justice of the Peace Court on Monday. The warrant was granted by Justice of the Peace Alistair McLean after the player did not appear. Mr McCulloch is alleged to have driven at 81mph in a 60mph zone on the M8 motorway on 8 July last year. Though its probably OK because he isn't a Rangers player anymore, but he was when he failed to show. It's alleged he over-invested on the accelerator peddle while under-investing on the brakes. 0 Quote Link to comment Share on other sites More sharing options...
SimonLichtie Posted June 8, 2015 Share Posted June 8, 2015 "We're going to increase running costs at the club," he said. "The idea is to have it sustainable by the end of the three-year period -- not during it." That's exactly what I wanted to hear 0 Quote Link to comment Share on other sites More sharing options...
beermonkey Posted June 8, 2015 Share Posted June 8, 2015 Rangers to hand next manager transfer war chest for promotion push From ESPN Rangers chairman David King will hand the next Ibrox manager a multi-million-pound war chest after promising to spend "whatever it takes" to guarantee the club's Scottish Premiership return next season. The Gers face another 12 months in the Championship after their humiliating 6-1 aggregate playoff defeat to Motherwell and the task now for King is to find the man who can lead them back to the top-flight. After that, his task will be to help the manager recruit a whole new team after 11 out-of-contract players were told they were free to go. While King has not ruled handing interim boss Stuart McCall a new deal, the Castlemilk-born tycoon did reveal Rangers have touched base with five candidates for boss, with an announcement likely next week. He said: "There are possibly five realistic candidates that might fit the bill. It is very important we balance the obvious urgency of making an appointment with the need to get it right. "We need to make an appointment that sees us through for the next three years." The Johannesburg-based businessman -- back in Glasgow to launch a five percent increase in the club's season-ticket prices -- had previously stated it could take £30 million to put the club back on an even keel with Celtic. Now he claims the spread of that cash will have to be front-loaded to ensure the club do not let another 12 months fritter away. "I think we will need money now because we will need to beef up the squad," he said. "So there will be a fairly substantial investment required in the next couple of months from me and the other investors. "But if you want to look at the funding plan, it is to spend whatever it takes to win the Championship next year and have at least the nucleus of a squad to move up to the Premier League the year after.'' He added: "The mandate to the manager is going to be, 'do not get players who will help us win the Championship -- get players that could compete in the Premier League.'" For many, King's words will bear a resemblance to former owner David Murray's infamous claim that "for every fiver Celtic spent, he'd put down a tenner." It was that kind of flagrant spending which saw Rangers eventually sink into a financial blackhole. But King insists the new board will have to live dangerously in the meantime if they are to solve the club's current loss-making problems. "We're going to increase running costs at the club," he said. "The idea is to have it sustainable by the end of the three-year period -- not during it." While King claims Rangers will spend big this summer, he refused to put a figure on how much he would personally put into the club as he admitted factors such as their controversial Sports Direct retail deal and the £5 million loan taken out from the sportswear company's owner Mike Ashley could put hurdles in his way. "That hasn't changed," he said when asked if £30 million was still the sum required to end the turmoil Rangers have been living through since their 2012 liquidation. "The only thing that has changed in my own personal thoughts over the last couple of weeks is the acceleration of that. "I think it is very important that we win the league this year, so it's probably the right thing to over-invest this season and make sure we do comfortably come out of the league and have a strong squad going into next season. "The funding figure of what will be required is based on a number of things outwith our control. It would depend on our ability to renegotiate the commercial arrangements, the level of season-ticket uptake, whether we repay the £5 million loan. "So the investment must be whatever it takes to comfortably win the league and substantially take us forward into the following season." Former Brentford boss Mark Warburton has held "informal talks" with Rangers about replacing McCall but King admitted other bosses had been turned off the idea of managing the club by the prospect of another year in the Championship. But despite the failure to reclaim their Premiership slot, King -- who says the club are hoping to be re-listed on the ISDX stock market in October -- thinks the task of one day catching Celtic will be made easier by an extra season in the second tier. He added: "I don't think catching Celtic has been made harder by the Motherwell result. It's been delayed by a year but I think it's now easier. "To have gone up this year with a new management team and virtually a whole new team would have been very hard. At least now we have three transfer windows so we can get the new management structure settled in." "The funding figure of what will be required is based on a number of things outwith our control. It would depend on our ability to renegotiate the commercial arrangements, the level of season-ticket uptake, whether we repay the £5 million loan. Don't know why, but this wee bit just jumped out at me. 0 Quote Link to comment Share on other sites More sharing options...
Sting777 Posted June 8, 2015 Share Posted June 8, 2015 Dear Lord. They have spent close on £90,000,000 in the last 3 years to get to the 15th best team in Scotland, now The King is promising more. It will end in tears....lol 0 Quote Link to comment Share on other sites More sharing options...
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