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Big Rangers Administration/Liquidation Thread - All chat here!


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Perhaps, but the general consensus is that the deal is a disaster at the profit split level, which your numbers suggest isn't actually the case.

No. I did make a slight mistake, though. The £14 isnt the gross profit, its net. That means the gross is probably more like £30 per strip (or 60%). Now, Rangers could keep all that to themselves but they would also have to run, and pay for, a retail operation out of that money.

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I thought the whole deal was rewritten later when all the shop thing happened.

I guess us mere mortals have no way of knowing with these gagging orders, the board will know of course.

Ah possibly.

Still find it hard to believe that Rangers were forced or coerced into signing the retail agreement.

Maybe they made a bad decision at the time, but that's an entirely different matter.

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I thought the whole deal was rewritten later when all the shop thing happened.

I guess us mere mortals have no way of knowing with these gagging orders, the board will know of course.

Would reckon Ashley will have used sound advice from city lawyers drawing on previous precedents in the terms of the contracts, making them pretty much bullet proof.

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Ah possibly.

Still find it hard to believe that Rangers were forced or coerced into signing the retail agreement.

Maybe they made a bad decision at the time, but that's an entirely different matter.

It might look like a bad deal today, but when they had to take, it was the only offer on the table. Had they not taken it, they would probably be out of business today. The Rangers fans seem to be forgetting that.

Beggars can't be choosers. Kinda ironic that.

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Ah possibly.

Still find it hard to believe that Rangers were forced or coerced into signing the retail agreement.

Maybe they made a bad decision at the time, but that's an entirely different matter.

Exactly, the deal is actually free money. Absolutely no hassle risk or cost, but with a limited return. You can't have it all ways.
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The current SD contract is dated January 15, this was confirmed in court today, so his own employees were definitely complicit, now what were you saying earlier about facts?

Sevco agreed to the contract.

No point crying about it now.

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The Sports Direct situation with merchandise is interesting, in that it shows the route of the current Orc mentality.

The reason the deal is so in favor of SD is because The Rangers are a new company who had no ability to sell merchandise at a level SD could. If anything, the retail deal is favorable to The Rangers because left to their own efforts, they would have struggled to sell many shirts at anything close to a decent margin. The Sports Direct statement makes this clear.

Put it this way. Imagine you made candles that many people want but you can only buy so much wax and make so many candles, so much so that it would be impossible to meet demand and buy enough wax in one go to take advantage of economies of scale. You can then accept that you can only sell 1000 candles in your wee shop. But John Lewis come along and say, 'hey we'll sell your candles, buy your materials and then give you a cut of the profits. While your cut of the profits goes from 100% to 25%, you are now able to double the profit margin which means it is a real hit of 50%, and then John Lewis can sell far more than 1000 candles. So all you need is John Lewis to sell over 2000 candle for you to be better off. Add into the bargain that you don't even need to make the candles yourself and it is a no brainer.

Now the only way the SD deal is bad for The Rangers is if you think of the club/company as being the machine it was in the past at their peak. If that was the case then they would be right to feel agrieved. But they are not. They are a new company, with no track record of doing this.

This is what deep down annoys the Orcs, the whole SD situation is a reminder that they died and are not the same club!!

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The current SD contract is dated January 15, this was confirmed in court today, so his own employees were definitely complicit, now what were you saying earlier about facts?

Is that not likely to be the agreement with MASH that altered the %'s for the duration of the loan rather than the initial rangers retail agreement?

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The Sports Direct situation with merchandise is interesting, in that it shows the route of the current Orc mentality.

The reason the deal is so in favor of SD is because The Rangers are a new company who had no ability to sell merchandise at a level SD could. If anything, the retail deal is favorable to The Rangers because left to their own efforts, they would have struggled to sell many shirts at anything close to a decent margin. The Sports Direct statement makes this clear.

Put it this way. Imagine you made candles that many people want but you can only buy so much wax and make so many candles, so much so that it would be impossible to meet demand and buy enough wax in one go to take advantage of economies of scale. You can then accept that you can only sell 1000 candles in your wee shop. But John Lewis come along and say, 'hey we'll sell your candles, buy your materials and then give you a cut of the profits. While your cut of the profits goes from 100% to 25%, you are now able to double the profit margin which means it is a real hit of 50%, and then John Lewis can sell far more than 1000 candles. So all you need is John Lewis to sell over 2000 candle for you to be better off. Add into the bargain that you don't even need to make the candles yourself and it is a no brainer.

Now the only way the SD deal is bad for The Rangers is if you think of the club/company as being the machine it was in the past at their peak. If that was the case then they would be right to feel agrieved. But they are not. They are a new company, with no track record of doing this.

This is what deep down annoys the Orcs, the whole SD situation is a reminder that they died and are not the same club!!

(Chapeau) Top post, Sir!

Picturing DK as Ronnie Corbett trying to purchase four candles...

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Next you will be pretending fat mike was not found guilty of influencing the club under dual ownership rules.

Was he found guilty in a court of law similar to Davey King?

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