RandomGuy. Posted June 23, 2016 Share Posted June 23, 2016 How much debt are Rangers in? It was reported, three months ago, that the club is in debt to parent company Rangers International, to the sum of £18m. Clearly though, thats something Rangers fans fine utterly acceptable and are more than willing to just deflect and bluster past. So please, please, tell me how totally unimportant such a huge figure is and how it doesnt mean your club is just blindly bulldozing down the exact same path which killed it before, while you lot all applaud and cheer signing overpaid 30+ year olds. 0 Quote Link to comment Share on other sites More sharing options...
RangersRyan084 Posted June 23, 2016 Share Posted June 23, 2016 It was reported, three months ago, that the club is in debt to parent company Rangers International, to the sum of £18m. Clearly though, thats something Rangers fans fine utterly acceptable and are more than willing to just deflect and bluster past. So please, please, tell me how totally unimportant such a huge figure is and how it doesnt mean your club is just blindly bulldozing down the exact same path which killed it before, while you lot all applaud and cheer signing overpaid 30+ year olds. So we basically owe ourselves money? 0 Quote Link to comment Share on other sites More sharing options...
RandomGuy. Posted June 23, 2016 Share Posted June 23, 2016 *sigh* 0 Quote Link to comment Share on other sites More sharing options...
thepundit Posted June 23, 2016 Share Posted June 23, 2016 Probably but I reckon it will be very bonus orientated without going daft on guaranteed basic. Possibly, but it's hard enough getting the likes of Barton up to Murray Park. To then offer a low basic salary topped up by bonuses seems unlikely. There might be some bonus structure but a player of Bartons quality will still be on a hefty salary. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 23, 2016 Share Posted June 23, 2016 It was reported, three months ago, that the club is in debt to parent company Rangers International, to the sum of £18m. Clearly though, thats something Rangers fans fine utterly acceptable and are more than willing to just deflect and bluster past. So please, please, tell me how totally unimportant such a huge figure is and how it doesnt mean your club is just blindly bulldozing down the exact same path which killed it before, while you lot all applaud and cheer signing overpaid 30+ year olds. It's been mentioned and discussed numerous times, do we have to mention it several times a day? -1 Quote Link to comment Share on other sites More sharing options...
RandomGuy. Posted June 23, 2016 Share Posted June 23, 2016 It's been mentioned and discussed numerous times, do we have to mention it several times a day? I don't read the BRALT, so its the first time I've even seen it mentioned. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 23, 2016 Share Posted June 23, 2016 Possibly, but it's hard enough getting the likes of Barton up to Murray Park. To then offer a low basic salary topped up by bonuses seems unlikely. There might be some bonus structure but a player of Bartons quality will still be on a hefty salary. Warburton has been pretty specific when asked about wage structures, I can't see them being on some of the figures mentioned on here. -1 Quote Link to comment Share on other sites More sharing options...
nacho Posted June 23, 2016 Share Posted June 23, 2016 I don't read the BRALT, so its the first time I've even seen it mentioned. It's been mentioned and discussed numerous times, do we have to mention it several times a day? its been mentioned 100s of times, internal debt is 18 million, external debt - 0, the plan at some point in the next couple of years is to have a share issue and convert that debt into shares which the people who are owed that interest free debt are happy to do - so its not an issue at all 0 Quote Link to comment Share on other sites More sharing options...
Dee Man Posted June 24, 2016 Share Posted June 24, 2016 Seems low, Tedi, with the greatest respect, particularly for Joey Barton. Sure, he's up here for football reasons but he's not going to sign for (Premiership terms) peanuts. "He's up here for football reasons" 0 Quote Link to comment Share on other sites More sharing options...
RandomGuy. Posted June 24, 2016 Share Posted June 24, 2016 its been mentioned 100s of times, internal debt is 18 million, external debt - 0, the plan at some point in the next couple of years is to have a share issue and convert that debt into shares which the people who are owed that interest free debt are happy to do - so its not an issue at all Where did the parent company get the £18m? 0 Quote Link to comment Share on other sites More sharing options...
CowdenConvert Posted June 24, 2016 Share Posted June 24, 2016 Where did the parent company get the £18m?From the warchest 0 Quote Link to comment Share on other sites More sharing options...
nacho Posted June 24, 2016 Share Posted June 24, 2016 Where did the parent company get the £18m? from the major shareholders who are lending it interest free and dont want it back except as extra shares in a share issue. 0 Quote Link to comment Share on other sites More sharing options...
CityDave Posted June 24, 2016 Share Posted June 24, 2016 (edited) I take it the big wages are set against the potential sales of season tickets since otherwise it would have required another crippling loan. Interesting?. Warchest??? Edited June 24, 2016 by CityDave 0 Quote Link to comment Share on other sites More sharing options...
Ya Bezzer! Posted June 24, 2016 Share Posted June 24, 2016 Can someone get me odds on Joey Barton to be sent off and Niko Kranjcar to break down injured and never play again within the first 90 minutes of the season. 0 Quote Link to comment Share on other sites More sharing options...
VanCityHibs Posted June 26, 2016 Share Posted June 26, 2016 Can Hibs fans f**k off to their own forum instead of trying to create a rivalry with Rangers.Ram it 👊 0 Quote Link to comment Share on other sites More sharing options...
The Grass Is Greener. Posted June 26, 2016 Share Posted June 26, 2016 its been mentioned 100s of times, internal debt is 18 million, external debt - 0, the plan at some point in the next couple of years is to have a share issue and convert that debt into shares which the people who are owed that interest free debt are happy to do - so its not an issue at all 0 Quote Link to comment Share on other sites More sharing options...
The Grass Is Greener. Posted June 26, 2016 Share Posted June 26, 2016 its been mentioned 100s of times, internal debt is 18 million, external debt - 0, the plan at some point in the next couple of years is to have a share issue and convert that debt into shares which the people who are owed that interest free debt are happy to do - so its not an issue at all 0 Quote Link to comment Share on other sites More sharing options...
nacho Posted June 26, 2016 Share Posted June 26, 2016 yawn - cracking response there, you really gave me something to think about with all that contradictory evidence 0 Quote Link to comment Share on other sites More sharing options...
akredz Posted June 27, 2016 Share Posted June 27, 2016 I thought the point of the projected share issue was to make working capital available. So, a large chunk of the share issue will be immediately swallowed up to repay the existing debt, which the loss making club seems to be continuing to build without any apparent concerns. 0 Quote Link to comment Share on other sites More sharing options...
Erskjne Bridge Posted June 27, 2016 Share Posted June 27, 2016 from the major shareholders who are lending it interest free and dont want it back except as extra shares in a share issue.So living beyond your means....Again? 0 Quote Link to comment Share on other sites More sharing options...
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