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Big Rangers Administration/Liquidation Thread - All chat here!


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Fat Mikes lawyers now quoting posts from Rangers Media.........

How much is he paying these guys? minimum wage on zero hour contracts?

I'm not sure that was the SD lawyers based on this:

RFc counsel now showing various newspaper and online articles that mention the 7 year notice period. Not an Daily Record exclusive he notes

Here's the one about Rangers Media, which is just superb:

Judge now being shown a print out from a "rangers chat board" including post from "trueblue92"

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I'm not sure that was the SD lawyers based on this:

RFc counsel now showing various newspaper and online articles that mention the 7 year notice period. Not an Daily Record exclusive he notes

Here's the one about Rangers Media, which is just superb:

Judge now being shown a print out from a "rangers chat board" including post from "trueblue92"

To be fair Rangers would have won if their lawyers had printed out a few of Tedi's post from BRALT.

Poor show by King's lawyers IMHO

Edited by Insaintee
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No, you're right, it probably isnt. The split is the shareholding, isnt it? That means Rangers cut will come after SD have taken all their other costs off as well; store rent, staff wages, transport etc

If we take the £3.50 as being correct, that would be 25% of the profit after SDs costs. I make that a gross profit of £14 per shirt, or 40% margin. If the share split went back to 51/49, Rangers would get just over £7 per shirt.

To be fair, that isnt particularly bad considering they do absolutely nothing for the money

Indeed. So why is it taken as fact that the deal is such a bad one for Sevco.

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No doubt this has been discussed before, but can someone briefly summarise why Celtic are apparently still a going concern with no financial worries whereas Rangers, competing on more or less the same level, died as a result of years of spending money that didn't exist?

Bailed out by an Irish tax evader.

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I think if the margins were in anyway that decent then SD would have no issues in these being public knowledge, our previous commercial deals have been pretty transparent.

Thelionbrand ‏@thelionbrand 3 mins ago

SD don't want anyone to know it's LESS THAN £3.50 that goes to the club from a £50 top.

There goes that confidentiality clause again. Will some people never learn?

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Here is a genuinely funny post, IMO, from RM concerning boycotting 'the merchandise'.

,

Buying a new top could also suggest that you are proud to be a Rangers supporter and want to show it!

Its becoming like a Monty Python type sketch where plain clothed rangers fans surround and call out another Rangers fan for proudly wearing the top because that means he is not really a true Rangers fan!

Fcuked if they do and fcuked if they don't.

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Dont know really. Although, if the rumours of Rangers having to buy back unsold stock are true then it could turn out to be pretty bad for them.

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.

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