sjc Posted April 25, 2014 Share Posted April 25, 2014 At least there is some light at the end of the tunnel for them. http://www.scotsman.com/sport/football/spfl-lower-divisions/mccoist-poised-to-strengthen-rangers-squad-1-3389044 Really!!!! I wonder how many players they can get in exchange for a tea lady's wages. what an embarrassing pile of shit! 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted April 25, 2014 Share Posted April 25, 2014 Spunking away £70m in the bottom leagues of Scotland is just fucking ridiculous. I mean was nothing learned from the first time around? Obviously not. Would be interesting to know how much of the £70M was spent on "directors emoluments". 0 Quote Link to comment Share on other sites More sharing options...
NotfromFifehonest Posted April 25, 2014 Share Posted April 25, 2014 Maybe the tea lady had to go as she was also on a £200,000 bonus for winning Scottish League 1 ........seems par for the course 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted April 25, 2014 Share Posted April 25, 2014 Back where they belong, IMO. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted April 25, 2014 Share Posted April 25, 2014 Maybe the tea lady had to go as she was also on a £200,000 bonus for winning Scottish League 1 ........seems par for the course Heard she was on £10k per tea bag reused 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted April 25, 2014 Share Posted April 25, 2014 Heard she was on £10k for teabagging the first team squad. 0 Quote Link to comment Share on other sites More sharing options...
mikebhoy123 Posted April 25, 2014 Share Posted April 25, 2014 Noone in the media will ask this so what do us bampots think will happen in the next few days ? the share issue is way in the future and not even been through a shareholder vote. If those ST figures are correct, how will the market react on Monday 15pc down today. These investors will have set up a standing instruction to sell at a certain point, when is bail out time ? Will the wages be paid ? Will the bonuses be paid ? Will Sally take the pay cut ? All the BBC can report about is 3 year plans to get back to the top its absolutely insane. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RFC&ArticleCode=7g61sdvj&ArticleHeadline=Business_Review_and_Strategic_Plan_Update That is a disaster of and RNS and it SHOULD tank - the more I read it the worse it seems - always be wary of stockmarket news coming out on a Friday... It's hard to believe the II's didn't know about all this already though and with football clubs having a different set of shareholders to normal companies ( ie. fans ) there might not be a mass sell off on Monday - I expect it will be shaky first thing but might recover a bit as the day goes on - but the trend now will be down until funding is sorted out - As for " These investors will have set up a standing instruction to sell at a certain point, when is bail out time ? You can set a stop loss figure on shares ( ie automatically sell at a certain price ) but I doubt any RFC shareholders will have stop losses - Stop losses are often set to protect profits - no one is in profit at RFC and I doubt anybody who bought in at 80 odd pence would have set a stop loss so low as 22p - anybody holding from there needs an almost 400 % rise just to break even 0 Quote Link to comment Share on other sites More sharing options...
K Dodd Posted April 25, 2014 Share Posted April 25, 2014 Heard she was on £10k for teabagging the first team squad. Wallace and co might find a bit of string hangin outta their teacups soon. 0 Quote Link to comment Share on other sites More sharing options...
Father Ted Posted April 25, 2014 Share Posted April 25, 2014 FFS £70million! Thats some gravy train. As a Gers fan it is sad to see matters unfold as they are. Are the current board seriously considering a share issue, considering what happened to the last one, potential investors will be sceptical to say the least. 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted April 25, 2014 Share Posted April 25, 2014 (edited) They're on their way back to the top of Scottish football. Copyright Bendarroch. Edit to add: here follows a list of everything bad about Rangers being totally fucked beyond all belief. - No Old Firm rivalry. - That's it. Edited April 26, 2014 by flyingrodent 0 Quote Link to comment Share on other sites More sharing options...
NotfromFifehonest Posted April 26, 2014 Share Posted April 26, 2014 Bendy and Co did try to tell us it's all about the Rangers...... 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted April 26, 2014 Share Posted April 26, 2014 (edited) I'm more interested in the 75p loaf........... FREE LOAF !! Edited April 26, 2014 by Florentine_Pogen 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted April 26, 2014 Share Posted April 26, 2014 I'm more interested in the 75p loaf........... FREE LOAF !! Choice of 5 as well. 0 Quote Link to comment Share on other sites More sharing options...
NotfromFifehonest Posted April 26, 2014 Share Posted April 26, 2014 I'm more interested in the 75p loaf........... FREE LOAF !! If you bought 5 Daily Records, collected the 5 loaves, there's a fair chance you could exchange them for an Ibroke ST fairly soon - they've reverted back to the more traditional forms of commerce such as barter after abandoning electronic transactions. 0 Quote Link to comment Share on other sites More sharing options...
NotfromFifehonest Posted April 26, 2014 Share Posted April 26, 2014 Choice of 5 as well. But the laffathon from Govan is far more delicious 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted April 26, 2014 Share Posted April 26, 2014 But the laffathon from Govan is far more delicious Also appointed by her majesty the Queen as well. 0 Quote Link to comment Share on other sites More sharing options...
Kamenitza Posted April 26, 2014 Share Posted April 26, 2014 FREE LOAF !! 0 Quote Link to comment Share on other sites More sharing options...
Stag Nation Posted April 26, 2014 Share Posted April 26, 2014 Would be interesting to know how much of the £70M was spent on "directors emoluments". Presumably that is included in the £7 million "Non-football payroll costs", so maybe £1 or £2 million. Some might consider that outrageous in the circumstances, but it certainly wasn't a major cause of their troubles. It's interesting that the accounts show £5.5 million spent on "Purchase of the Club", whereas it was actually spent on purchasing the assets of the failed club/company - there was no club left to purchase. 0 Quote Link to comment Share on other sites More sharing options...
Boghead ranter Posted April 26, 2014 Share Posted April 26, 2014 Noone in the media will ask this so what do us bampots think will happen in the next few days ? the share issue is way in the future and not even been through a shareholder vote. If those ST figures are correct, how will the market react on Monday 15pc down today. These investors will have set up a standing instruction to sell at a certain point, when is bail out time ? Will the wages be paid ? Will the bonuses be paid ? Will Sally take the pay cut ? All the BBC can report about is 3 year plans to get back to the top its absolutely insane. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RFC&ArticleCode=7g61sdvj&ArticleHeadline=Business_Review_and_Strategic_Plan_Update That is a disaster of and RNS and it SHOULD tank - the more I read it the worse it seems - always be wary of stockmarket news coming out on a Friday... It's hard to believe the II's didn't know about all this already though and with football clubs having a different set of shareholders to normal companies ( ie. fans ) there might not be a mass sell off on Monday - I expect it will be shaky first thing but might recover a bit as the day goes on - but the trend now will be down until funding is sorted out - As for " These investors will have set up a standing instruction to sell at a certain point, when is bail out time ? You can set a stop loss figure on shares ( ie automatically sell at a certain price ) but I doubt any RFC shareholders will have stop losses - Stop losses are often set to protect profits - no one is in profit at RFC and I doubt anybody who bought in at 80 odd pence would have set a stop loss so low as 22p - anybody holding from there needs an almost 400 % rise just to break even However, to sell shares, there has to be someone willing to buy them It's not like cashing in chips on the way out of the (super) casino. If no-one wants to buy them, you're stuck with them. 0 Quote Link to comment Share on other sites More sharing options...
dirty dingus Posted April 26, 2014 Share Posted April 26, 2014 Is it just me that finds it strange that not one mainstream hack challenged him to explain how there was still just under 3.5 million in cash given the monthly running costs and wages ... These figures are common knowledge .. Jan would have swallowed a huge chunk alone .. never mind Feb, March and April ... Yet not one murmur of contention when he trotted that pish out ... With all that money sloshing about in the washing machine why did the have to get a couple of secured loans from their very own blue chip investors? 0 Quote Link to comment Share on other sites More sharing options...
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