No8. Posted August 8, 2013 Share Posted August 8, 2013 £10 Million...well that is £10 million more than the Ps & Ds were claiming we had. Still got to count in the Puma deal. Still have to take in the Blackthorn money. The seaon ticket estimations are miles out..my sons was £ 68 For Copland rear. My main complaint is relating to the management wages..unbelievable. As somebody on Follow Follow said. No wonder Ally doesnt do walking away. 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted August 8, 2013 Share Posted August 8, 2013 There is no way this club in it's current financial turmoil will ever reach the top tier without going into admin at least once to shed it's debt and is this the master plan to rip of it's creditors once again ?. . But that's what I've never understood. They started off a year ago with no debt, why not just run the company at break even for 3 years until they got to the top league. 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted August 8, 2013 Share Posted August 8, 2013 There is no way this club in it's current financial turmoil will ever reach the top tier without going into admin at least once to shed it's debt and is this the master plan to rip of it's creditors once again ?. This club will most likely to gain capital to survive possibly sell off the stadium on leaseback,another share issue or God forgive sell the club to another consortium leaving the holding company with the debt ???. 'Club'? The 'club' can do feck all. The holding company can voluntarily liquidate, sell the assets, (all that silver!) and dump the 'club'. Yes/No? 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted August 8, 2013 Share Posted August 8, 2013 Barry Ferguson. It wasn't Green who saves Gers, it was the fans ImageUploadedByPie & Bovril1376003709.814847.jpg Haha fantastic! Pat your selves on the back berz, you did this. 0 Quote Link to comment Share on other sites More sharing options...
Taxi for Ben Posted August 8, 2013 Share Posted August 8, 2013 lol!!! You made it happen. 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted August 8, 2013 Share Posted August 8, 2013 But that's what I've never understood. They started off a year ago with no debt, why not just run the company at break even for 3 years until they got to the top league. Sensible uncle Davey. You've got the wrong attitude. SUPREMACY, that's the watchword. Thank feck, it'll kill them. KEEL THEM! :lol: 0 Quote Link to comment Share on other sites More sharing options...
MikeyWellFan Posted August 8, 2013 Share Posted August 8, 2013 (edited) Christmas message That is too funny. What a complete fruitcake he is. Edited August 8, 2013 by MikeyWellFan 0 Quote Link to comment Share on other sites More sharing options...
Ned Nederlander Posted August 8, 2013 Share Posted August 8, 2013 £10 Million...well that is £10 million more than the Ps & Ds were claiming we had. 6 months ago Green was claiming that 'Rangers' had no debt and £20m in the bank And 'Rangers' have sold 30k+ season tickets since then Where'd it go ? 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted August 8, 2013 Share Posted August 8, 2013 £10 Million...well that is £10 million more than the Ps & Ds were claiming we had. Still got to count in the Puma deal. Still have to take in the Blackthorn money. The seaon ticket estimations are miles out..my sons was £ 68 For Copland rear. My main complaint is relating to the management wages..unbelievable. As somebody on Follow Follow said. No wonder Ally doesnt do walking away. She wasna happy at the meeting tonight, And FYI that was the estimated amount we thought it'd be around when the ST's alone were factored into the bank balance for this point in the year. And the berrz all said I was way off the fucking mark when I said there was less than £5 million left of the IPO back in April or May . The sponsorship money won't plug the massive hole in the finances with the club in expenditure of £30 million plus a year because it will probably be way less than £10 million for the season. So let's have a check back eh No8, Will cost the club probably over £30 million all season. Club has ten million in the bank and might get just under ten million in sponsorship money along with on the day ticket sales and assorted others. Equates to a £10 million shortfall as I predicted way back as far as when the interim accounts came out. Suck it up loser . . 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted August 8, 2013 Share Posted August 8, 2013 lol!!! You made it happen. Is that tedi's video? 0 Quote Link to comment Share on other sites More sharing options...
~~~ Posted August 8, 2013 Share Posted August 8, 2013 £10 Million...well that is £10 million more than the Ps & Ds were claiming we had. Still got to count in the Puma deal. Still have to take in the Blackthorn money. The seaon ticket estimations are miles out..my sons was £ 68 For Copland rear. My main complaint is relating to the management wages..unbelievable. As somebody on Follow Follow said. No wonder Ally doesnt do walking away. Is that the Puma deal they won't tell you how much it's worth, only it's on par with some SPL clubs? I think it's safe to say its worth peanuts. I don't understand how your main complaint can be the management wages when the clubs had admitted its spunked away more than half the ST & Investors money already, you should be shitting it incase Admin Mk2 is just around the corner 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted August 8, 2013 Share Posted August 8, 2013 But that's what I've never understood. They started off a year ago with no debt, why not just run the company at break even for 3 years until they got to the top league. Because the fans wouldn't stand for it watching pish players because they have only ever known winning or competing for the top title with far better players than the opposition. 0 Quote Link to comment Share on other sites More sharing options...
Bentdarroch Posted August 8, 2013 Share Posted August 8, 2013 What happened? I was away for a walk. Are we deid yet? 0 Quote Link to comment Share on other sites More sharing options...
~~~ Posted August 8, 2013 Share Posted August 8, 2013 Lets not forget Sevco have zero bank credit either. Just think back to the fiasco invoking ST money last year and Direct Debits. Banks wouldn't touch them let alone give then an overdraft facility 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted August 8, 2013 Share Posted August 8, 2013 They could always come up with some nutcase membership scheme. 500m berz worldwide a pound a year membership. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted August 8, 2013 Share Posted August 8, 2013 What happened? I was away for a walk. Are we deid yet? Away oot smashing up some public utilities and amenities to vent you anger was it and yes you deid but just the walking deid for now because the club is in the motions of digging it's grave 0 Quote Link to comment Share on other sites More sharing options...
Taxi for Ben Posted August 8, 2013 Share Posted August 8, 2013 6 months ago Green was claiming that 'Rangers' had no debt and £20m in the bank And 'Rangers' have sold 30k+ season tickets since then Where'd it go ? It sure does cost a lot of money to police and steward the mutants among them (most of them)! 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted August 8, 2013 Share Posted August 8, 2013 'Club'? The 'club' can do feck all. The holding company can voluntarily liquidate, sell the assets, (all that silver!) and dump the 'club'. Yes/No? That's if the holding company is liable for the clubs debt so that would be a YES,but the club itself will be a saleable asset as a whole to anyone with the cash. 0 Quote Link to comment Share on other sites More sharing options...
Umbungo1874 Posted August 8, 2013 Share Posted August 8, 2013 £10 Million...well that is £10 million more than the Ps & Ds were claiming we had. Still got to count in the Puma deal. Still have to take in the Blackthorn money. The seaon ticket estimations are miles out..my sons was £ 68 For Copland rear. My main complaint is relating to the management wages..unbelievable. As somebody on Follow Follow said. No wonder Ally doesnt do walking away. Yet another positive to come out of Charles Green taking an active role in promoting the club. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted August 8, 2013 Share Posted August 8, 2013 6 months ago Green was claiming that 'Rangers' had no debt and £20m in the bank And 'Rangers' have sold 30k+ season tickets since then Where'd it go ? It was all smoke screens and mirrors back then because the club had deferred debts it had to pay at the end of the season like TAX ,estimated around £9 million that had to be paid but they did get some interest from holding onto it before paying it but is a non starter now 0 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.