27 Mar 2014 10:31:28
well £3.5 million over 6 months roughly £583k /month its alo beer han most thought and surely can be tturned around wih a bi of pruning here and there and I expect a beer kitb deal and better tv and advertising revenues next season but will make interesting reading all is not lost

1.) 27 Mar 2014
@ op, the operating costs increased to almost £17 million for the six months, and you think that's not bad!

2.) 27 Mar 2014
Hopefully DK has been misquoted in an article on the Rangers rumours now website where one of the alleged business aims is "to close the difference in wage bill between us and Selik"

Surely not Mr King we have been there done that and couldn't sell the tee shirts.

A new business model all together please otherwise your millions won't last very long.

3.) 27 Mar 2014
We don know what the reason for costs going up but the essential thing is the loss was roughly £583k /month not as bad as was expected and I am quite sure with increased revenues and pruning it will be better next season but only if season tickets sales hold up which in the present climate and team performance now is the time to replace ally before he fans vote with there feet but with out seeing results in detail it could have been a lot worse move some players out new manager with lower wage jack irvines gone green and stockbridge of wage bill directors wages cut we might not be two far away also making it a bit more attractive to any one willing to invest however ill we view he accts in there entirety we can't pass much more comment

4.) 27 Mar 2014
Stockbridge walked away with £500k Severance that's why it went up. My next guess is the price of season tickets goes back up £50-£100 at renewal.

5.) 27 Mar 2014
1. )This I hope is a joke? can be turned round? the point is it should have to be bloody turned round. we should be financially stable at this point on our return. We are still losing money at an alarming rate and have nothing in bank other than loan money. (which has to be re-paid). Without our the fans season ticket money they can't go on? how is that not to bad?
3. ) Stockbridge left 24th January 2014. before December so figures not in the interim? as that's when they upto? so in essence his figures still to be deducted in next accounts along with the 1, 5 million loan? chuffing great. could be 2 million out season money before we kick a bal. now that's class accountancy.

6.) 27 Mar 2014
No iits not a joke there was no way the club would operate profitably for the first 2/3 seasons why so u think murray parks and co let green and co buy the clu b because they knew that tere would be losses but the coming season the revenue streams will go up here is supposed to be a better shirt deal on the tv money and advertising they will be no paymens like paying off stockbridge and company I don't think the club will make a profit next year best will be break even but remember does not matter who is running the club either dave king or the bandits the figures will remain the same

7.) 27 Mar 2014
Our basics are wrong. We are trying to spend as a top class outfit in the 3rd tier of Scottish football, with scant returns.
The money raised and certain investors have been ripped off by the crew that kept us in football.
As we stand, with DK seeking control and the threat of the season ticket fund, our situation is dire.
It is not investment we need it is a bloody miracle.

8.) 27 Mar 2014
Listen up let's get rid of this thieving mob once and for all, grow some meerkats starve them out.

9.) 27 Mar 2014
27 Mar 2014 21:46:29
@2 No unfortunately he did say that, its in the DR exclusive. I share your disappointed astonishment at it. Its total cuckoo.

10.) 28 Mar 2014
Spiv for godsake have some sense can u not understand the only way they will go without a bloodbath is buy there shares the club cannot stand anymore financial costa defending legal battles or withheld revenue put the bandits into a corner and they will do whatever it takes to get there money back liquidate the club sell the assets ibrox murray park albion carpark an edmiston house they have the power to do this with the security they hold so think on spiv u go down the starve them out route the actions I have listed could very easily come true and do u have any cast iron promises that d king and co will ride to the rescue they didn't do it the last time for a measly £5/6 million do u think they will plough in £50 million get real the starve route is a bloody minefield

11.) 28 Mar 2014
We are all forgetting mr wallace has investers standing bye so let's see the grand plan if these investers are on stand bye with plenty of money then alls well that ends well so come on board tell us about these people who are they why has nowt been said to assure us all is well I know what I think and though my opinion is only an opinion I think this 120 days was stalling tactics to clean us out completly

12.) 28 Mar 2014
Does having a bigger wage bill give a club more perceived value on the stock exchange?

13.) 28 Mar 2014
28 Mar 2014 07:03:52
@12 No. I can understand people grasping at straws but seriously, no. Its just that DK still thinks like SDM. hasn't learned a fickn thing and he's hoping we haven't either.

14.) 28 Mar 2014
I have said all along wallace must get a chance if there are investers out there only time will tell the results were a bit better than I thought next year the losses wiill be less and if and when we return to spl at best we will hover about break even the only way celtic have been making good profit is from transfersb out and champions league money the bread and butter domestic game only would allow them to break even unfortunely we do not have a manager and coaching saff with the ability to do this another reason why there must be change in the coaching team and a good scouting team in place but whether this will attractn investment I don't know because external investors look for profit fairly quickly and to be honest this is not going to happen so we must depend on either peace breaking out between the present regime or a mixture of supporers trusts and and a dking type investor which most bears would welcome but what ever way it won't be easy but changes in coaching is as urgent as getting investors because if the current product on the field continues revenues will struggle

15.) 28 Mar 2014
Dave King said in his DR interview that the board told him that the board have investment of £100M at their disposal from instutional investors following Wallaces review. This is why King stepped back and sarcastically said "great boys go ahead" because if others want to put in £100M he doesn't need to put in his money. Dave knows its all lies to buy time, this board won't be in place following Wallaces review. I predict either a massive change in direction when it comes to board changes or mass cuts to the playing squad and fans refusing to hand over season ticket monies. Either way I can not wait for this to be all over we are total embarresment and the meal of the day to the scottish media and our rivals.

16.) 28 Mar 2014
@ lbj d I know from your posts you are slightly more relieved with the latest 6 months figures but have a wee read at an article on the follow follow site about the figures.
Kind of spoiled in my opinion by the conclusion that only DK can save the day. He may well be a short term improvement but his headline tactic of matching Celtics salary cost is a sad unfunny joke. It will be music to the ears of Ally and his cheerleaders on here but guess what it is not sustainable as even wee Bazza Ferguson realises today. Now if that doesn't raise the option of youth development to a level of blatantly bleedin obvious whatever will?
Another interesting read was Kris Boyd praising Billy Davies as the "best coach he ever played under" Should any hope that he might actually not be coming back to Ibrox be taken from that or is it just more proof that a lot of football people speak without ever engaging the grey cells?
Certainly some manage that way.

17.) 28 Mar 2014
N15 nothingbutthestruth great post mate let's not rush into anything let's sit back and either way we will find out about the 100 million is it true or just more lies I know what ide put my money on