Bing (2) Posted June 11, 2014 Share Posted June 11, 2014 HEARTS officially exit administration, when Did Rangers do that? Oooo, I know that one I think. Perhaps the day they entered the Liquidation leading to death phase ? 0 Quote Link to comment Share on other sites More sharing options...
Bing (2) Posted June 11, 2014 Share Posted June 11, 2014 You mean Hearts didn't have to go through the liquidation exit door ? I know, wheat were those pesky edinburgers thinking... Although they did this in nineteen canteen so they know what liquidation means... 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 11, 2014 Share Posted June 11, 2014 Seems like you're really stupid. Unlike your constant stream of drivel, however, I can back this argument up. Sent from my jPhone 1 (next-gen) Yes Norman i know that you're the cleverest person on the internet, i know..... But you're still talking pish... 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 11, 2014 Share Posted June 11, 2014 If you can say that about the school uniform you'll be on a winner. I'm not Angus Young. 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted June 11, 2014 Share Posted June 11, 2014 We are all individuals stoney with individual choices, fans of both clubs have the choice to move on, many have and I applaud them many, still hold onto notions of orange and tricolour tops and use excuses like heritage for doing so. My point is that this 'heritage' no longer means anything in today's society, especially with regards to football, it is outdated and there simply is no excuse for holding onto it. Painting us all with the same brush is neither reasonable or in anyway truthful. Heritage? Do you mean history? Heritage is heritable property. Was 'the policy' property which can be passed from one person to another? 0 Quote Link to comment Share on other sites More sharing options...
Bing (2) Posted June 11, 2014 Share Posted June 11, 2014 Gonna have a look for the bit around the Clumpany's prospectus time to see if I can find the bit about another share issue being likely in about 2 years (which I am positive was mooted) and I end up trawling through the prospectus http://scotslawthoughts.files.wordpress.com/2012/12/rifc-prospectus.pdf Bits of 'fun' are..... • The RFCL Group and the Rangers Group may require additional capital in the longer-term to fund development, but this might only be available on onerous terms. • The price of the Ordinary Shares may be volatile. • Substantial sales of Ordinary Shares could cause the price of Ordinary Shares to decline. • Any future equity issues by the Company could have an adverse effect on the market price of the Ordinary Shares and could dilute ownership, although the Company has no current plans to issue equity and note the 12 months thing............all that 'history' and anything over a year is 'long term' Possible future share offerings The Company may offer additional shares in the future, which may adversely affect the market price of the outstanding Ordinary Shares. The Company has no current plans (that is, at least for the next twelve months) for a subsequent offering of its shares or of rights or invitations to subscribe for shares. However, it is possible that the Company may decide to offer additional shares in the longer term. An additional offering of shares by the Company or the public perception that an offering may occur, could have an adverse effect on the market price of the Ordinary Shares. lol, next up, Devlins wet dream about King UEFA Financial Fair Play regulations may limit an owners ability to inject further capital into the RFCL Group or the Rangers Group In the future the Club may qualify to play in the UEFA Champions League or UEFA Europa League either by winning the Scottish Cup or through achieving a sufficiently high position in the SPL, however this may be unlikely before the 2015/16 season due to the requirement for a three year trading history. UEFA Financial Fair Play regulations may limit an owner’s ability to inject further capital into the Club and/or the RFCL Group or the Rangers Group as a whole. As part of UEFA’s broader club licensing regulations, it has implemented a set of rules which include the requirement for clubs participating in UEFA club competitions (the Champions League and the Europa League) to break-even in the long term (the Club Licensing and Financial Fair Play regulations). Clubs who wish to participate in UEFA club competitions from the 2013- 14 season will have to submit detailed financial information in order to demonstrate that they comply with the UEFA break-even criteria. Whilst certain losses are permitted, if clubs breach the break-even regulations, then sanctions for clubs can include UEFA fines, points deductions, player registration prohibitions, withholding prize money and potentially expulsion from UEFA competition. The regulations only allow owners to provide additional equity up to certain thresholds to subsidise any losses. Should the Club participate in UEFA competition in the future, it will have to comply with the UEFA rules. This may place limitations on the signing of new players by the Club which may have an adverse effect on the performance of the Club and which in turn may cause the Company to be in breach of its contractual obligations under agreements which it relies on for income or which may otherwise result in contractual counterparties seeking to terminate or renegotiate short term contractual arrangements. The effect of this risk will be mitigated by the Directors intention to limit the annual amount of player wages to one third of turnover and then, hello hello boycott. It really is worth a read again... The sources and levels of income are dependent on the success of the Club and whether the Club is a member of the SFL or another league (depending on whether the Club is promoted and whether the structure of Scottish football changes in the future). The Directors consider that the effects of this risk have been mitigated given that the Club participates in SFL Division Three and has secured season ticket sales and sponsorship agreements. The Directors believe, therefore, that if the Club is successful in gaining promotion due to the success of the Club into higher divisions it would provide opportunities for the Club to increase its sources and levels of income. The Rangers Group and the RFCL Group are financially dependent on the Club’s supporters, who are concentrated in Scotland A significant amount of the Rangers Group’s or the RFCL Group’s income will be derived from season ticket sales and match day ticket sales to supporters of the Club and others who attend football matches at Ibrox Stadium and elsewhere and the Rangers Group’s and the RFCL Group’s share of gate receipts from cup matches. In particular, the income generated from Ibrox Stadium will be highly dependent on the continued attendance at matches of the Club’s individual and corporate supporters. 0 Quote Link to comment Share on other sites More sharing options...
BossHogg Posted June 11, 2014 Share Posted June 11, 2014 Anybody seen a Rangers one of these? 0 Quote Link to comment Share on other sites More sharing options...
Monkmyster Posted June 11, 2014 Share Posted June 11, 2014 But it's okay, they will keep on signing players. Nothing to see here. 0 Quote Link to comment Share on other sites More sharing options...
BossHogg Posted June 11, 2014 Share Posted June 11, 2014 But it's okay, they will keep on signing players. Nothing to see here. true ..buy STs or PAYG the spivs get the cash all the same. 0 Quote Link to comment Share on other sites More sharing options...
BossHogg Posted June 11, 2014 Share Posted June 11, 2014 The bears will fall into line when they realise King doesn't give a fuk...then the backsliding about the board will begin. 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted June 11, 2014 Share Posted June 11, 2014 All for starving the board out and behind the UoF but most likely 'going to the games' when he can he make his mind up .. Jesusmaryandfuckingjoseph. 'Making your mind up'? Umpteen posts on The Big Thread and all the while you're biding your time just waiting for the opportunity to post about Bucks Fizz! Whatever the question may be the posting of a Eurovision plastic group video from the 80s is NEVER the answer 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted June 11, 2014 Share Posted June 11, 2014 Sorry to bring this back to basics, and apologies if it's already been covered, but how can they go from "being in a good place" financially to needing to raise £7-8 million pounds within a few days? 0 Quote Link to comment Share on other sites More sharing options...
forever_blue Posted June 11, 2014 Share Posted June 11, 2014 Anybody seen a Rangers one of these? not bothered about hearts. happy john wilson has caught a break though 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted June 11, 2014 Share Posted June 11, 2014 not bothered about hearts. happy john wilson has caught a break though Neck was it? Good. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted June 11, 2014 Share Posted June 11, 2014 Sorry to bring this back to basics, and apologies if it's already been covered, but how can they go from "being in a good place" financially to needing to raise £7-8 million pounds within a few days? Firstly it's called lying. Secondly, they spent needless fortunes 0 Quote Link to comment Share on other sites More sharing options...
thelegendthatis Posted June 11, 2014 Share Posted June 11, 2014 Sorry to bring this back to basics, and apologies if it's already been covered, but how can they go from "being in a good place" financially to needing to raise £7-8 million pounds within a few days? It is for a one off cost. The £7-8 million will go towards the severance package for Ally and his management 'team'. Could be the best £7million they have spent. 0 Quote Link to comment Share on other sites More sharing options...
NotfromFifehonest Posted June 11, 2014 Share Posted June 11, 2014 I luve that picture - took so much of Ra Peepul's money he can afford to wear 2 shirts at a time 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted June 11, 2014 Share Posted June 11, 2014 I luve that picture - took so much of Ra Peepul's money he can afford to wear 2 shirts at a time And he's so untouchable, that he can sport mustard coloured breeks... and get away with it. 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted June 11, 2014 Share Posted June 11, 2014 I luve that picture - took so much of Ra Peepul's money he can afford to wear 2 shirts at a time If ever a picture summed up a story. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted June 11, 2014 Share Posted June 11, 2014 (edited) I just keep picturing him saying to RFC that I'm considerably richer than you!!!! Edited June 11, 2014 by Gaz FFC 0 Quote Link to comment Share on other sites More sharing options...
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