Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

RANGERS’ journey back to the top flight netted their lower-league rivals a £4.5million windfall, The Scottish Sun on Sunday can reveal.

Smaller clubs cashed in on bumper crowds and juicy TV paydays from clashes with the Ibrox giants after their demotion to footie’s bottom tier.

Sponsorship, hospitality and merchandising boomed, while a travelling army of Bears fans splashed out in local shops, eateries and pubs on matchdays.

And football finance expert Neil Patey, of accountants Ernst & Young, urged the minnows to make the most of their unexpected bonanza.

He said: “Rangers moving through the leagues has had a significant positive impact.

“But the halo effect won’t last so building a legacy is important.

“The temptation will be to bump up wages to attract better players — but that strategy has got teams into trouble in the past.

“My advice is to pay off debt and invest in the future.â€

League chief Neil Doncaster warned of financial “armageddon†when Rangers were booted down to League Two in 2012 following the club’s liquidation.

But figures for the three seasons to 2014/15 reveal 22 of the game’s smaller clubs turned a combined £3.28million loss into a £1.23million profit.

In the three years before 2012 their assets shrank by £1.69million — but rose by £144,000 in the three years after.

Meanwhile, total cash reserves bounced back from £1.08million in the red to £1.63million profit, a £2.71million turnaround.

Biggest winners were Championship side Falkirk who pocketed £2million from eight Gers clashes, helping to boost their total coffers by £608,000.

Queen of the South took in £1.7million to add £401,000 to their reserves. Dumfries local Mr M Tennis told us that Rangers were the dugs baws and he'll always have a soft spot for the blue nosed heroes.

And League Two outfit Berwick Rangers enjoyed a £189,000 cash injection from four games, while clubs like Livingston, Stirling Albion and Alloa also shared in the total £4.5million boost.

Paul Goodwin, of the Scottish Football Supporters Association, said: “Many clubs paid off debts thanks to having a large travelling support visit twice a season.

“Rangers fans also benefited far-flung local communities by spending in shops and restaurants.â€

Cash-strapped Ayr United, Montrose, Peterhead, Albion Rovers, Cowdenbeath, East Fife and East Stirling failed to improve their bank balances in the three years.

Five teams were excluded from our probe.

Annan Athletic, Brechin City and Stranraer don’t produce accounts.

Dunfermline went bust in 2013, and Queen’s Park’s ownership of Hampden clouds the results.

Rangers won promotion to the Premiership at the second attempt last month.

A club spokesman said: “We’re delighted all these teams benefited from our journey.â€

The SPFL said: “These clubs can now build strong financial health

Succulent stuff for the hordes to lap up.

Aye, normal service us resumed right enough.

Link to comment
Share on other sites

29 Bigots in my class at School supported the Blue Vermin FC (deceased)

Not much financial help to the local Senior Team that I supported.

I did get the last and the most hysterical laugh in 2012.

Link to comment
Share on other sites

RANGERS’ journey back to the top flight netted their lower-league rivals a £4.5million windfall, The Scottish Sun on Sunday can reveal.

Smaller clubs cashed in on bumper crowds and juicy TV paydays from clashes with the Ibrox giants after their demotion to footie’s bottom tier.

Sponsorship, hospitality and merchandising boomed, while a travelling army of Bears fans splashed out in local shops, eateries and pubs on matchdays.

And football finance expert Neil Patey, of accountants Ernst & Young, urged the minnows to make the most of their unexpected bonanza.

He said: “Rangers moving through the leagues has had a significant positive impact.

“But the halo effect won’t last so building a legacy is important.

“The temptation will be to bump up wages to attract better players — but that strategy has got teams into trouble in the past.

“My advice is to pay off debt and invest in the future.â€

League chief Neil Doncaster warned of financial “armageddon†when Rangers were booted down to League Two in 2012 following the club’s liquidation.

But figures for the three seasons to 2014/15 reveal 22 of the game’s smaller clubs turned a combined £3.28million loss into a £1.23million profit.

In the three years before 2012 their assets shrank by £1.69million — but rose by £144,000 in the three years after.

Meanwhile, total cash reserves bounced back from £1.08million in the red to £1.63million profit, a £2.71million turnaround.

Biggest winners were Championship side Falkirk who pocketed £2million from eight Gers clashes, helping to boost their total coffers by £608,000.

Queen of the South took in £1.7million to add £401,000 to their reserves. Dumfries local Mr M Tennis told us that Rangers were the dugs baws and he'll always have a soft spot for the blue nosed heroes.

And League Two outfit Berwick Rangers enjoyed a £189,000 cash injection from four games, while clubs like Livingston, Stirling Albion and Alloa also shared in the total £4.5million boost.

Paul Goodwin, of the Scottish Football Supporters Association, said: “Many clubs paid off debts thanks to having a large travelling support visit twice a season.

“Rangers fans also benefited far-flung local communities by spending in shops and restaurants.â€

Cash-strapped Ayr United, Montrose, Peterhead, Albion Rovers, Cowdenbeath, East Fife and East Stirling failed to improve their bank balances in the three years.

Five teams were excluded from our probe.

Annan Athletic, Brechin City and Stranraer don’t produce accounts.

Dunfermline went bust in 2013, and Queen’s Park’s ownership of Hampden clouds the results.

Rangers won promotion to the Premiership at the second attempt last month.

A club spokesman said: “We’re delighted all these teams benefited from our journey.â€

The SPFL said: “These clubs can now build strong financial health

 

We did start this, the supporters of the then SPL clubs told their clubs to tell Charles Green to f*** off somewhere else. :lol:

 

Its also called sharing the cake or passing the cash cow around. :lol: :lol:

Link to comment
Share on other sites

We did start this, the supporters of the then SPL clubs told their clubs to tell Charles Green to f*** off somewhere else. :lol:

Its also called sharing the cake or passing the cash cow around. :lol: :lol:

Bennett prefers hiding the cake tbh.

Link to comment
Share on other sites

Only on P and B could such a huge cash boost be seen as a negative thing but it does involve Rangers, so....

A financial boost was provided, but obviously it limited the chances for the other sides by wildly distorting what's usually a relatively level playing field, particularly in the bottom two tiers.

The financial boost for clubs, clearly did exist though.

There's a contradiction however, in telling us how Rangers reaching the top flight is so good for a Scottish game that's apparently been so damaged by them being lowly, yet wishing to play up perceived benefits to teams that are parts of that very game.

Link to comment
Share on other sites

We did start this, the supporters of the then SPL clubs told their clubs to tell Charles Green to f*** off somewhere else. :lol:

 

Its also called sharing the cake or passing the cash cow around. :lol: :lol:

All of those smilies really do disguise how angry you are, tho I've no idea why you're angry over this.

He'll now post a pic of him that used to be in top gear.

Link to comment
Share on other sites

Talk me through how this is trolling, chappy.

Mainly because I'm not sure what point it is trying to prove by posting it other than to generate a reaction.

I mean, is the news story really worth writing for neutrals? Rangers have far more fans than a normal lower league club, which meant extra income, more people eating fish & chips in the town etc. Is the news story really just that you have a lot of fans?

But I am open to convincing, if it's not a troll, what exactly does it contribute to the thread?

Link to comment
Share on other sites

I reckon that some people just can't handle a positive Rangers story after years of pushing negative Rangers stories, there was no trolling in that post.

Can't we discuss the positives?

Link to comment
Share on other sites

I reckon that some people just can't handle a positive Rangers story after years of pushing negative Rangers stories, there was no trolling in that post.

Can't we discuss the positives?

I agree.  It was so good god Scottish football that we should do it again.

 

Let's have another new Rangers start in the lowest tier next year and your version can go and get liquidated like the last version did.

 

edit for bad typing, not bad grammar!

Edited by killingfloorman
Link to comment
Share on other sites

I know we're important to you but thanks for using your 1,000th post to confirm our longevity.

 

Here's to your next 1,000.  They can only get better.

 

I agree.  It was so good god Scottish football that we should do it again.

 

OK so I got it wrong.  Stick with the Big Thread, chap.  It will help your language skills if you read more than post.

Edited by The_Kincardine
Link to comment
Share on other sites

I reckon that some people just can't handle a positive Rangers story after years of pushing negative Rangers stories, there was no trolling in that post.

Can't we discuss the positives?

It's like a burglar who broke into your house and stole £1000, who then comes back and gives you £50. Then he cries cause you're not grateful and you won't take the "positives" of the situation.

If you could think for yourself instead of taking the article at face value, then you'd understand the diddy mindset on this.

Link to comment
Share on other sites

A step down from your normal common sense approach, the negativity of this thread is obviously taking its toll on you. A few months ago you would have been one of the ones bucking the trend and applauding this.

From the beginning we have been told time and time again on this thread that Rangers in the lower leagues had zero benefit to the clubs in those divisions, this article differs from that view.

On the contrary, I would never have denied the benefits that lower league clubs would have gained financially from 'the journey', hence, I'm not sure what the article adds to anything.

I'm not so naive to deny the financial benefits of having a large support visiting community clubs. I am so naive as to wish football was about more, alas it is not.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...