Rangers Banter Archive October 11 2012

 

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11 Oct 2012 23:41:53
Cenkos Securities 4.9% and Octopus Inv Ltd 19.7% who own Ticketus who Oldco owe £26m to are actually business partners! londonstockexchange.com/exchange/price…

Believable7 Unbelievable1

Old co don't owe Ticketus anything, they are owed by Mr Whyte, which is why they are taking him to court. Whyte guaranteed the loan, he said it, Ticketus have said it.

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26,000 fans owned the remaining 15% of the shares in oldco... these lost thier shirts.

36,000 fans bought season tickets, how many of these are part of the 26,000 ?

how many of the 26,000 will now buy new shares, having lost thier shirts before... ? would like to hear from any of them on this ?

so looks at worse case scenario just 10,000 season tickets who did not invest before, may be ripe to invest.... ?

£500 min each, so that a pot of £5 million. But its xmas, and in a recession... so chances look poor. {Ed039's Note - It will be at least the beginning of next year before it is floated and yes money will defo be tight for alot)

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Ticketus are not chasing Whyte personally in the courts. No court documents lodged.
Don't believe stories from guys like Green and Whyte, the newco and oldco Rangers owners.

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Lol it's ok very well saying Ticketus maybe after Whyte but the chances of them getting anything are zilch because he doesn't have "wealth off the radar" like you all believed!

The reality of the situation is Ticketus made it quite clear only a few months ago that they wanted control of Rangers in the run upto the unsuccessful CVA.

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@3 Ticketus are chasing whyte through the courts in England. It is registered in court.
All this mrs doubtfire from the tims, obsession off the radar.

Agree3 Disagree7

@5) which court?

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11 Oct 2012 22:53:45
To the comments b4 me point.1 he aims to have us on the stock market by the end of the year point 2 transfer embargo does not stop us buying nd signing under 18s

Believable0 Unbelievable8

What percentage of the proposed 20 million quid would you foresee being spent on under 18s to bolster the squad?

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Lol you planning on spending vast sums on under 18's!

Reality check.

It's quite extraordinary that there's people trying to justify what is clearly lies by Green.

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11 Oct 2012 22:07:09
was looking at a picture of lennon in the newspaper the other day and couldnt fathom out who he resembled ,then i passed a industrial cloth shop and saw a pair of bib and brace dungarees then the penny dropped .f me chucky my favourite actor lol he too can be your enemy for life lol doug t.s.o

Believable26 Unbelievable20

Such a vivid recollection of you looking at pictures of Neil Francis Lennon.

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You have a man crush on wee Lenny doug, you seem to spend most of your time thinking about him,try applying the same scrutiny to chuckie that man is a bigger con artist than whyte

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11 Oct 2012 23:05:46
Doug funny you should say that my favourite actor is Chucky too , Chucky Green is his full name, he's currently running a great comedy show,his next show is about stealing £500 off 36,000 zombies......Stevie

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Poster 3 stevie so you like chuckies then he could never make any babys as both of them were made of rubber ask bobby vee if you know who he is lol doug t.s.o

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No 2 at least chuckie 1 has got a business brain more than i can say about chuckie 2 ps. its the woman i like they flock at my feet lol no comment lol doug t.s.o

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Poster 1 is francis no a wummans name ? lol doug t.s.o

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Poster 3 stevie your board have been stealing off yous for years and thats straight from the horses mouth your fellow tic supporters ,id 43 of your turnstiles on ebay a few years ago couldnt even sell them your mob are that tight fisted they ended up in a scrap yard in glasgow took pictures of them getting dumped on the pile pride of place on my wall now lol doug t.s.o

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Ive always wanted a turnstile..........not!

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Poster 8 they weighed 200 kg each 1 woman wanted to take it through her front door in grangemouth to make a bar in her garage ,i told her the weight of it she retracted her bid as her neighbours were all gers fans and they wouldnt let it across their gardens lol doug t.s.o

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Yes no 8 some of them had the date of a famous battle on them in graffiti and it wasnt the battle of britain lol doug t.s.o

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Geez would some of you rangers fans give t.s.o some company he is too lonely and is talking to himself and having a really fun time with it... My god what has your old and new club done to yous? But maybe yous don't want to deal wit him because he is just talking all nonsense which I understand(his love for Lennon about shouting hate to him is so sad and good to see yous are not taking part, maybe the old mentality is shedding and a brighter side is coming out of it) Hope you fans help each other out of what seems to have affected your mentality, and good to see some of yous are asking real question and wanting real answers from cg and what is going on wit your club, and not his stupid nonsense he makes up to get fans of t.s.o kind on his side.

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Poster 11 none of it made ,all facts ,weve have only 1 club ,same as your club have changed their name 3 times are your lot called coyco ? im quite happy with what C.G is doing but he seems to upset you and your fellow supporters cos were making some progress ,i come on here to split my day from work and relax for a while ,not that when yous are slagging ally off whose body size is on par with hooper your top scorer doug t.s.o

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Francis???? seriously................haahahhahahhahha {Ed039's Note - I have just seen this thread ............ you asked for it Doug)

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@Doug; What an unhealthy obsession you have with Mr Lennon.For goodness sake you are a man in your sixties try and grow up.Turnstyles? medication time methinks......green jhedi

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Doug:Can you tell me what progress rangerss are making.Can't seem to find any evidence myself.

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Loving the hypocrisy of the tic fans on here going on about obsession. Was a song by ultrasonic I believe.

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12 Oct 2012 13:55:24
taxi for doug lol

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@16: think you'll find it's also hypocritical of Rangers fans to go on about obsession when they're on here about Lennon, Celtic's attendances, Celtic's form etc...

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Poster 14 mr jhedi i see yu have surfaced again in the last week ,me i couldnt give 2 fs about lennon ,dont blame me cos you like him mr murrays words for every 5 that like him 10 dont ,turnstiles removed from parkhead in 2004 is what you call hgv road haulage earns me money by the way ,away and ask your wife to make you horlicks and heat your wee hat for bed its now 620pm fridsay and way past your bedtime doug t.s.o

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Poster 15 well yous keep singing about ice cream and jelly when we die ,well were still here alive and kicking getting better crowds than go to parkheid also earning money ,what do you call progress ,just remember theres a recession going on and your crowds will drop even further doug t.s.o

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Poster 17 dont need a taxi ,got a 320 m sport goes like sh-t doug t.s.o

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@18, lol ok. How dare Rangers fans make any comments about any other team/ management etc on THEIR OWN SITE. It is absolutely shocking. Clue for you there about the site, can you work it out..

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Poster 22 that would be too difficult for them , theyd need to ask the audience or a friend lol doug t.s.o

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Now haloween is almost upon us thought some of our visitors from the far east would like to know they can buy a full chucky outfit including mask for £36.45 plus £2.45 postage on e bay in honour of their manager lol doug t.s.o

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Hi ed 39 hope your not referring to trevor francis no theres class for you lol doug t.s.o

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11 Oct 2012 21:58:49
Alright bears and ed, wondering if any of use could help me out, im thinking of buying my first season ticket next season, im 17 next friday and im from N.I anyone know the best way of getting one when i live over here, i usually get to about 10 games a season and i want to go as often as i can, or every week, any answers will be appreciated thanks LeJonWATP

Believable1 Unbelievable8

Season ticket for where mate?

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OP You'll probably find a lot up for grabs on e-bay pretty soon.

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Cheers mate big shout out to the ibrox crew

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11 Oct 2012 21:07:54
Charles Green will buy shares shortfall

http://www.sportinglife.com/football/news/article/439/8158756/green-to-buy-shares-shortfall

Yes we know the club belongs to the fans but the operating and holding companies don't and never will because the fans will never have more than a small percentage of the shareholding.

However, we find that the original investors have doubled their money and it would appear can now go to hell.
So he is doing everybody a favour, then.

Paddy Malarkey

Believable8 Unbelievable0

"If someone wants to buy £50 or £100 worth, that's fine also."

how do you buy £50 or £100 worth of a £500 share?

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12 Oct 2012 07:15:21
£500 buys you a block of shares. It isnt £500 per share.

If they end up at £1 per share then £50 to a stockbroker would get you approx 50 shares. (Fees involved to stockbroker)

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@ 1

The 500 is a minimum investment, shares are between 50p-£1.50 so let's just use the top bracket of 1.50 a 500 quid investment would get ye 333 shares still with me, green has also said they can be purchased thru any stockbroker and can buy as many as ye want

Cranny

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If you think a stockbroker charges 10% you are dreaming. Last time I was doing the shares, last year, was paying £12.99 online though my bank. Would doubt that it would be much more than £15, shop around. If someone wants £50 from you, tell them to bolt.

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Number 2, I probably read your comment wrong there......

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11 Oct 2012 20:50:58
Ed, have you heard anything mate on Alasdair Johnston's dossier to the fraud squad and his global media comments stating he firmly believed the sale of Rangers to Craig Whyte was corrupt and illegal? It's now 4 months since he handed that dossier over. {Ed039's Note - I have not heard a thing mate)

Believable6 Unbelievable0

Should BDO not get a copy of that?

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Ed, Dave King went massive in the press and TV saying he was sueing David Murray for £25m. Is this still going ahead? {Ed039's Note - I dont think so, if he is, he is keeping it very quiet. What are the chances of him actually getting anything in cash money from SDM these days?)

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11 Oct 2012 20:31:27
Charles Green promised the fans they will own the club not one individual owner, then why doesn't he open up and come clean with the fans about the issues we all need to know. Fans are not going to pour money into a club they don't know the workings of especially with no return for their hard earned cash , hopefully it may help the club progress but the general punter has to be wary we already support our club at every turn and as one fan has already stated collectively the fans have put more into this great club than Green or his associates . The share issue doesn't look to me as if it's for tthe fans benefit as promised (another lie ) I can only surmise where the money will go.
Bobby

Believable9 Unbelievable2

The money is for Green and his Associates. They own Rangers and can sell their shares and keep the money there's no laws against telling lies, business conditions change and money decisions change after they get their paws on it.

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If I use my considerable wealth and buy 1% of Rangers I'm sure I wouldn't own 1% of the assets; Ibrox, Achenhowie, etc...
How much is the business valued at? What % is being sold for £20m?
The players were obtained for free. No fees for any of them.

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Lets see what the prospectus says

a prospectus is a document that describes a financial security for potential buyers. A prospectus commonly provides investors with material information about mutual funds, stocks, bonds and other investments, such as a description of the company's business, financial statements, biographies of officers and directors, detailed information about their compensation, any litigation that is taking place, a list of material properties and any other material information. In the context of an individual securities offering, such as an initial public offering, a prospectus is distributed by underwriters or brokerages to potential investors.

JG

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11 Oct 2012 20:24:08
My God what a shower we are by judging the majority of posts.
Not so long ago we were shouting for someone to save us anyone to save us-CG and co arrived and did just that.
We then demanded that we should know what shoe size he was and what waist size were his backers.
We then up the anti and shout that he should sell to True Rangers Men!-He then announces a share issue in our club giving fans and all comers the chance to invest and have some infleunce-Shock horror there must be a hidden agenda he is delivering excactly what he said he would deliver!
Everyone knows that if you want to keep moving forward with any business you need to invest and you need to spend.
When the time comes to re-invest in the playing side surely it would make sense to have real capital ready that does not put the club into debt?
Does everybody not maintain their property and assesets to keep them in order and maintain value?
Would it not be exciting to see New capital projects taking place in and around Ibrox?
We have been progamed over the last year or so to expect disappointment and bad news stories and to be wary of any good news!
However if we want to stagnate then down with investment dont buy tops and dont go to matches!
If we want to be back to where we belong we need to invest we need to buy tops and we need to sell out games but further we need to back anyone trying to make money for Rangers now and for Rangers future. East Bear.

Believable8 Unbelievable13

"" He is delivering exactly what he said he would deliver""

The problem is he has told about 20 lies. Celtic fans come in here and list them, then we all remember them.

He also stated he and his consortium would make their profit from a share issue. And that's exactly what is being rolled out.

If what you say is correct why the rush? Why not disclose accounts? Consortium people share holdings and title deeds to assets?

Why is it all murky darkness and lies?

I'm tired of it all, not one penny. My family deserve s good Christmas, times are tough enough.

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Op, thank goodness some common sense, I was beginning to think that there was nobody who understands the position.
When we were for sale the fans demanded that no one man should own the club and that the club belongs to the fans. Green has delivered what he promised.
And yet those that were so anxious to own it seem now to be using any excuse not to buy shares. Those that were in tears in case our club would not survive now have the chance to make sure we will carry on.
All the nonsense from Celtic supporters with numerous conspiracy theories seems to be working. Why do we believe these people. Why don't we give the guy that has saved us a chance. We really are as fans full of hot air. We shout and bawl and yet won't put our hands in our pockets. It is pretty pathetic, we can sit back and snipe at Green but just remember without him we would be finished, if he makes a profit, good on him. That's what business is about and frankly had Mr Murray understood this one rule of business we would not be in the mess we are.
I am buying shares, I am buying them for my son, I am buying them for my daughter. I don't expect to ever make money from them, I don't care, I want to support my club, because if we don't we may find ourselves in trouble again.

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1) what lies?

He said he thought HMRC would accept a CVA. He never said a deal had been done, thay may have been the headline but was not what he said.

He said he hoped to attract investors, that suddenly changed in the eyes of some to we have people lining up to invest.

He did get £5.5m in investment which is more than Kennedy, Smith, McColl could put in. He did say he would have a share issue, he is. Why is everybody hammering him if he makes a profit, he is a business man that's his job. Would you rather we made a loss?

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There's not enough money out here with fans to operate the club successfully with expensive players and the huge overheads of a massive Rangers AND deliver a profit for Green and his consortium.

There needs to be huge overhead cuts and the profits notions for anybody needs to go also. Also success on the pitch needs to start. 1-0 over Forres Mechanics ffs. We easily forget how lucky we've recently been also.

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@3 Believe he said he had been TOLD a CVA would be accepted,he SAID he has 20 millionaire's ready to invest. Also believe the investment is a LOAN. Who are you talking about when you say " would you rather WE made a loss " ?
Tam

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11 Oct 2012 20:09:03
Ok if our friends from the darkside can allow us to debate this between ourselfs I would be greatful. Now the hour is nearly upon us when Charlie issues his shares issue so the question I want to ask is who is buying in I personally can't due to finances but if I could I would. Now what worries me is that if people who can buy but don't buy because they don't trust Charlie or they are disgusted with the way our season has started they have been brainwashed by our good friends or any other reason. This is the question I would ask if nobody buys in and the club runs into financial difficulty who will you blame

Believable4 Unbelievable10

So no-one else should be allowed to make any points about the share issue, according to you? Even if they make total sense?

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Lol OP isn't putting in a penny and pontificating against anyone else who does likewise.
Hypocrite.

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Darkside? Celtic fans are the bringers of light and honesty to the dark and murky world of Rangers.
Buyer beware, caveat emptor.

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Gers fans put in £12 million for season ticket, for that ammount they could have bought gers lock stock and barrel... if only

but those fans expect a full season of matches for that money.....

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Yep good to see they are that obsessed they can't let us have a simple debate even when asked nicely. Yes I ain't putting money in but at least I am honest enough to admit it. It just goes to show how simple some of the numpties on here are. I asked for proper answers to a simple question if fans that can afford it but don't buy in for whatever reasons who will they blame if the club runs into financial trouble. PS the reason I can't due to finances is not the question many good fans won't be able to buy in due to finances. The question is to people who can buy in but are on here constantly saying they wont

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If I get my money back for my debentures, I might consider it. But I think neither is likely.

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OP your not Charlie are you ?.He ain't got any money either that's why he is trying to rush through this share scheme. At least some of the bear's are noticing he's a bit economical with the truth.
Tam

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11 Oct 2012 18:56:27
Just watching the news there.Reporter points out that no new players before Jan,2014.Also stadium adequate for 'a division 3 club' so money must be for the running of the club.Does that not say it all?

Believable12 Unbelievable3

11 Oct 2012 20:04:54
As it seems to be a day for jokes, here is mine.Well your Mr Green started it.....

Despite all the controversy over the new Wonga
sponsorship of newcastle united, their manager
Alan Pardew has told all the players to go on the pitch and give it their usual 4,195% LOL Timalloy

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Green quote in dr

"When we were put into the Third Division I should probably have made 25% of the staff redundant but we haven't done that," the former Sheffield United chief executive said.


How could you tupe does not allow this - without major redundancy costs ???

Forbes said packages were massive....

so no easy way out. huge salary bills to pay.

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Oh my god, who cares what Forbes says, he is talking about when they looked at the deal, not now. He says have to be dramatic savings made, well they have been.

We may moan that lost players for nothing or next to nothing but that also wiped £24m from wages.

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OP - I think the reporter was having a wee dig at Rangers by referring to the Div 3 status.
Apart from Hampden it is the only div 3 stadium that can hold the level of support that is turning up. In fact it is one of three stadiums in scottish football that can hold the level of support that is turning up.
From all the comments about rust and asbestos and the place falling apart, I think there are areas that can be improved.
But of course a tv reporter will defo know better. {Ed039's Note -

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3). what huge savings.... making 25% of employes redundancy is a huge saving in future salaries but costs money upfront to do........

8 players gone... yup thats spme money, but how many employees remain, if most and 4 months ago those employees cost too much and no redundancy and no way to lower those salaries (tupe!) then they still massive!,,,,,, and no real change

forbes was right about the costs 4 months ago and most of that cost not changed, new players came in and they have salaries to add to the existing costs....

simple maths...... situation is still similar, but income massively down, salaries only maginally down, so fanancial situaion has got worse...% on salaries probably increase from bad to terminal......

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11 Oct 2012 18:29:39
ffs it is now october and i was reading a post further down about a poor pre season the cause of players not performing as they should , when do they think is a reasonable time to perform as i for one wont be back till they start to play as they should be it is so frustrating and quite frankly boring watching that lot of idiots

Believable13 Unbelievable3

Rich idiots!

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Big money was offered to entice them to fourth tier in Scotland. Big money, better believe it. I'm predicting that squad ain't the come next June.

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11 Oct 2012 18:26:54
Charles Green has just been on STV News giving an interview.

He was asked what was meant that part of the money raised through the share issue would be used for "additional working capital".

Green got a bit flustered and floundered with his response, ending up saying that it was not going to be used to pay the debts of Oldco.

Oh dear ..........

I'm afarid that this is not a satisfactory answer.

You were asked a clear question Mr Green and you failed to provide a clear answer.

Rangers supporters know any monies raised in the share issue will not go to pay the debts of Oldco.

This response is worrying, very, very worrying. This was a perfect opportunity to expplain what the money raised would be used for and you blew it big time.

This is not good enough.

Believable19 Unbelievable1

Ticketus?? Craig Whyte??...........hello? Anyone home??

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..What about ticketus and craig whyte?....

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The reason given by CGreen regarding Additional working capital..is standard wording for share issues, but in relation to AIM companies share issues, it is often used when the corporate entity is technically insolvent and more cash is needed. As others have pointed out the other two reasons given are implausible (squad strengthening and stadium).

It should be noted that while CG is under a director obligation to promote the interest of the company (not the club) he is not working under the rules of AIM, and has no guarantee that his proposal will be accepted by the AIM market which is trying to clean up its membership.

His forecasts for revenue and cashflow will have to be reviewed and agreed by an independent Nominated Advisor. It would probably show the clubs revenue as if it was promoted over successive seasons. But the share prospectus should also highlight there maybe substantial risk that this may not happen.

So wait and see what the proposal says. The cost of making such a share issue will cost around £0.5m whether it happens or not. That's a big chunk to front. It will take some months so CG will know by then whether Ally is on track for promotion.

Then CG can decide to go ahead or not. Otherwise I predict there is some cash issue looming. {Ed001's Note - I am struggling to understand how the stadium is implausible? Clearly it is in desperate need of a refurbishment, which would require money.}

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Where did you get idea that this will pay debts of oldco. Nonsense, rubbish, impossible. Oldco gone, new owners, no HMRC, no Ticketus, No whyte and his Bentley. Finished, no more.

Newco need money to run club, it's called working capital. They want to buy property next door, need money to fit it out, need money for day to day running. Ibrox costs a lot to run, Murray Park costs £1.4m each year to run.

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To number 4. If a share issue is used to fund day to day running - then that is it, curtains. You can not go cash calling on share holders every year. There is no revenue stream to support an operation the size of Rangers. This share issue will either: keep Rangers limping along or fund CG and his mystery boys departure. end of.

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Ed001 there is £12 million in season tickets to cover stadium upkeep...why does green need share issue to update the only class 1 uefa stadium in scotland.... ?

does not add up... unless there is shortfall already, just 8 weeks into the season when lots of money in the bank........ {Ed001's Note - or if they only allow the club to break even, extra input would be needed for improvements.}

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@4. A share issue for working capital is not a disaster, but it is worrying. If an organisation needs a share issue to continue running then does that mean it will be a regular thing (just surmising, but I think the club is being run outwith its means based on income streams available to them). Any time working capital is needed have a share issue?
An English club (can't remember which one) had numerous shares issues to the point that the shares were diluted and were as worthless as the Deutch Mark in the 30's as the FT put it.
Al

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@6. I know that you were only trying to have a dig at your city neighbours with your "only class 1 uefa stadium in Scotland" statement, but Uefa Class 1 is the lowest grade and 4 the highest. Plus I think that Hampden is also Class 4.
Al

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11 Oct 2012 18:15:56
Green came in saying he would give fans the opportunity of buying shares. He, yet again, has or is about to deliver that chance. If I am not mistaken the fans called for the chance to own it, I read on here hundreds of posts that said no one man should own us, the fans should own the club. Well now you have the chance.

I am afraid it is now the time to put up or shut up.
We have not backed previous share issues, and I believe that was partially due to the feeling that if we didn't buy them then Murray would, in fact he announced that before the last share issue. It was hardly a hard sell.

We have seen how near we came to being no more, so buy shares, buy as many as you can.

Believable1 Unbelievable13

Ok Mr Green and McCoist....anything you say

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Nae bother charlie

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If u want keep chucking money at green then good luck to u we need some serious answers before we commit to any of this it just doesnt add up he has previously stated his consortium would make money from the share issue now he saying the money will go back into the club simple questions need answerd

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OP Get real man.Find out what your buying shares in first.Is it the holding company or the club.Take advice from others.

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I am not sure the fans will own the club does Green not retain a controlling interest?

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OP, Is green not in the press today saying that he would make up any shortfall?
Al

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11 Oct 2012 15:46:26
Can someone help me out with this, or am I being dim.It is reported that CG paid 2.00 pound to CW for Rangers and its assets. Then CG loaned his new company or club 5.5 million to operate. How can this have been allowed by the administrators Duff and Phelps? They were admistering the wind up of a company and its assets that were up to 150 million in debt, including 90 million owed to HMRC. How could they allow it and its assets be sold for 2.00 (even 5.5 million would have been well below market value). Surely the role of the administrator is to ascertain the level of debt and sell assets to pay back creditors? Which makes me think, what are the assets that Charles Green owns? Does he really own Ibrox and Murray Park? Or is there a lot more behind the scenes. Have Duff and Phelps acted in a proper fashion? If they are found not to have done then trouble ahead. Really fed up with this.

Believable9 Unbelievable1

You're a little confused here.

Charles Green offered Craig Whyte £2 to purchase the shares of Oldco and which bwould have given him an 85.3% shareholding in Oldco. This required a CVA to be accepted by Oldco's Creditors and Charles Green was going to put £8.5m into Oldco as a loan to pay of the creditors. The CVA was rejected by the Creditors and as a result Oldco are due to be liquidated on 12 October 2012. As such Charles Green could not proceed with the purchase of Oldco.

Green set up a new company "Newco" and Newco paid the administrators £5.5m for the assets of Oldco, which included £1.5m for Ibrox, Murray Park, the Albion and other property assets. Also included was £2.5m was the players contracts.

However, the point you make is credible and the question does arise as to how all the property assets could be sold for only £1.5m.

This is something BDO, the Liquidators will certainy look into when they are appointed tomorrow.

If a gratuitous alienation is found to have taken place (in this case, assets deliberately sold at under value by a company in an insolvency event) then the deal by Green to purchase the assets could be ruled invalid.

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Role of administrators is to get most money for creditors. end of.

D&P only appear to have looked at selling as a going concern, not firesale.

Liquidators (and this occurs 12th october) job it to review administrators action, and if they deficient liquidators can unravel deal.

But its possible to sellon, newco, if done quickly, to avoid the reach of liquidators, and hence original creditors.

time will tell.

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Green paid CW the £2 if a CVA was accepted. It was not, so his group paid D & P the £5.5 m for the assets, namely Ibrox, Murray Park , players contracts etc. This was accepted because it was the best offer available. I would remind you that at the time the thought was that we would be in SPL. It is unlikely that any offer now would even come near that figure.
Whilst the assets were in the accounts at over £100m, they are only worth what somebody will pay, that was £5.5m.
It is absolutely clear that Green & Co own the assets, because if you paid £5.5m for anything you get the deeds, he would not be there if he paid £5.5m for nothing.
There are many out there who either question this (bomber), and plenty who want to cause trouble by questioning this. It is a stupid and crass attempt to muddy the waters. Unfortunately there are people who believe this and therefore the muck stirrers have won. Perhaps if people thought about the logic in these spurious claims rather than believing what they read as FACTS, the scaremongering would stop.

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11 Oct 2012 18:25:28
Rangers owe 90 Million to HMRC? - Did not know you had already given out you verdict m'lud, must have missed it.

Agree1 Disagree6

Thanks for that Number 1. Bit clearer for me now. But still a bleeding mess. 1.5 million for Ibrox and Murray Park?? What is all that about? You can buy a 2 bed flat in Kensington for 1.5 million! or a 51, 000 seater stadium and a huge training facility! Hhhhhm. scratching head.

Agree4 Disagree1

Creditors refused the penny in pound CVA and knew £100m in assets were sitting there. But they were robbed of those assets.
The club deck guys paid £8.5m for their seats and green got the whole show for £1.5m.
Somebody should go to prison for this.

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Sorry Number 4. It is a fact. do some searching (try BBC) the figure is 94 million to HMRC. Acknowledged and signed off by Duff & Phelps. Are you another who has buried his head in the sand.

Agree6 Disagree0

Number 4. Just go here. Rangers final tax bill = £94 million. Thank you.

http://www.bbc.co.uk/news/uk-scotland-glasgow-west-19786824

Agree4 Disagree0

To 4 The verdict has already been given you did miss it Rangers are currently appealing the verdict ruling due this month apparently

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4 & 7 - wish you would stop this. It's just not true. D & p signed of a potential £94m if case is lost. The verdict has not been announced yet. Just taking bits to suit your argument but not factual.

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@7 What is the breakdown of the £94m? I think you will find it is made up of the IT and NI witheld by Whyte and the HMRC bill which the FTT will decide upon, soon.

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11 Oct 2012 21:24:47
@6

£100million in assets ? All company holdings have an inflated paper value, however at the end of the day they are only worth what someone is prepared to pay.

£8.5 million club deck money would not be there if Green had not invested, so this is an unfair arguement.

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11 Oct 2012 15:26:54
I would advice and suggest that all non rangers fans commenting on here regarding the upcoming share issue should cease immediately as any comments are treated with derission and disdain by the bears as obsession and lies due to jealousy against their once great team..I would therefore suggest they find out for themselves this time regarding share issue and exactly where the money will go after the share issue is finalised...after all warnings about Whyte, Administration,Green, ticketus and all the mysterious investors have all been met with cries of timmy lies and propagander and even n when most came to fruition it was still a timmy conspiricy..so again i urge all non rangers fans who feel the need to warn the good rangers fans of their suspicions ....dont..as you are waisting your time ..let them discover for themselves and not let them taint it as timmy interference...... johnnyG ...will the RFF use any of the money for shares? ..are the trust and supporters association urging fans to buy shares?.......ally must stay!!!

Believable13 Unbelievable5

OP I suggest you read thro' all the posts on this page before making ridiculous statements.You'll find that the large majority of comments against this share issue are from concerned rangers men.

Agree9 Disagree2

11 Oct 2012 18:08:27
#1..op here..I appreciate all you said and agree with you...but not a rediculous statement only a request that non rangers fans keep quiet and let the share issue develop as it will....I truly hope it is succesful for your club...but fear that the "told you so " brigade will have their day and dont want any more talk of jealousy and hatred emmenating from these pages ......up till now all warnings and comments are treated with disrespect...as anti rangers rather than treated as well wishing points of view...
JohnnyG...

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11 Oct 2012 15:27:28
The Celtic Football Club are cleared of any wrongdoing in displaying the zombie banner.

Laughing at zombies is not a crime!

Hallowen party, everyone to dress uo as zombies!!!!

Hail hail

Believable17 Unbelievable5

I dont think the whole zombie thing was the issue. It was the sick paramilitary sniper lookalike!

Snail Snail

Agree5 Disagree12

Well what a surprise (NOT). It must have been Norwich supporters who took the banner into their ground and displayed it.

Agree2 Disagree7

Most of scotland dont need any make up lol

Agree2 Disagree0

It was a cartoon. Yes the joke was on Rangers. Live with it. Most found it funny only rangers people didn't. Shooting zombies is a huge part of modern culture. Computer games, tv serials, movies, ..... Everyone knows you can only put down a zombie with a head shot.
Definitely no case to answer.

Agree8 Disagree2

11 Oct 2012 18:17:01
dress up as zombies?? surely a celtic fan like yourself has been to parkhead cross and knows theres no need to use the words dress up!
FauldsRFC

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Snail snail.....what makes you think it was a paramilitary sniper lookalike?perhaps you have seen enough paramilitary flags being sold outside ibrox.maybe the sick paramilitary sniper lookalike was copied from a british army recruitment advertisement.
no zombies where harmed during the making of this banner.

Agree8 Disagree3

Fauldsrfc Lot of Rangaers people round about Parkhead cross so you could be right
Tam

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11 Oct 2012 14:59:56
'Neil Lennon holding his breath'- headline from sporting life. Better just use listerene neily boy.

Believable7 Unbelievable9

Sorry, having read my comment again, I feel I need to add something. Other dentistry products are also available. Phew!!

Agree1 Disagree4

Mr Lennon doesn't need to hold his breath. He's under no pressure. He goes forward already being Scotland's top manager and a huge success. He wants to achieve as much as possible for the fans, the club, his players and himself in that order.........
Ally on the other hand needs to let out some air before he bursts, too much pressure.

Agree8 Disagree1

Ha ha number 2. Good luck to you if you believe that.

Agree1 Disagree3

11 Oct 2012 14:51:54
Is this another craig whyte, a chancer
who cannot get our club past the 6 month
mark?
We must await the outcome of all pending
cases old and new. And a full declaration
of current finances. And who owns what.

WE HAVE BEEN HERE BEFORE!

Make him wait, then we will see all, this
is not the TIME for a share issue!

Believable14 Unbelievable1

STV website:

""No financial information about The Rangers Football Club Limited, formerly Sevco Scotland Limited, has been lodged with Companies House or made publicly available, while the make-up of the consortium, as well as what percentage of the company is owned by each party, has not been established.""

Enough said. Another spiv fronting for foreign guys who couldn't possibly front themselves.

Agree7 Disagree0

11 Oct 2012 17:10:58
Do you know for FACT that Charles Green is no good?
You would rather see your Club suffer than get over
your own scepticism? Given all the recent high profile publicity Whyte received i think Green would be either very very clever or very very stupid to pull the wool once more. RTID

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Just read Charles Green's words of wisdom on that website.

"Rangers is debt-free and a huge club with enormous support and a 140 year track record of success on the domestic and international arenas. Our aim is to return the club to its glory days whilst ensuring it is run efficiently and profitably."

"The debts of the club need to be removed, we need to get finance into the club and I need to list the club on an appropriate exchange."

Can somebody please explain to me how if we're debt free that the debts of the club need to be removed?

BARNEY BEAR

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@2 Do you not remember the lie's he has been caught telling. The history is gone,HMRC have told me a CVA will be accepted, I have a meeting with Uefa.Oh and by the way the history is still there. Face up to it he's only telling you's what you want to hear.
Tam

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11 Oct 2012 14:06:39
20 million green wants to raise for players we can not sign and to upgrade the facilties this doesnt need done just now and it aint how shiny the building is on the outside its what matters inside it coaches aint good anuf so forget bout that so that leavs to help with running of the club and since we are ment to be running in profit this shouldnt be needed either Mr Green had previously stated in an interview with the club's official online TV channel that his consortium would make money through a share issue. so its more likley the last one to make money for his consortium cause all his other points for raising the cash do not add up its not needed at this time he should wait a season or two he is desparate for the cash for a reason

Believable11 Unbelievable0

Fans won't buy, the public wont buy and institutional investors wouldn't touch it with a bargepole. The only way for this to be successful is if dirty money goes in from the overseas Muslim guys cleaning money into the UK or Craig whyte puts in the £30m he took out under the guise of institutional investment. But Man Utd couldn't raise much institutional money in the summer why would any go to Rangers? It would stick out to the authorities and the public like a sore thumb.

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36000 fans each buys a share for 500 that gives 17.5 million i know some will buy more than one but a lot wont buy any and most people who dont buy a season ticket is unlikely to buy shares to me this sounds doomed like murrays share scheme and that was when oldco was high flying ...fuzzy

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It's a cash giveaway to Green for saving the club, his and his investors payday.

Agree8 Disagree0

11 Oct 2012 13:39:13
Not going for this rubbiosh with the share offering coming so soon. What is the real problem? Why is Charles Green offering the fans a chance to "invest"? Well, simples, it is because he has no money. We have done our bit, forwarded this guy our 300.00 in advance season ticket money. As far as I am concerned I have given Rangers more Money than Charles Green has! But the Charlatan wants more to "invest". Aye, Right.

Believable18 Unbelievable0

Just had a wee look at the Financial Times online to see what experts with no agenda think about the proposed share issue.

They are pretty scathing, i.e

'Also worth noting, from an investor perspective, is the fact that Rangers Football Club Ltd has no corporate history whatsoever. The club may have been founded in 1872 but the company it has hermit-crabbed into has only existed since May and has never published a single page of accounts.'

No serious investor is going to touch this with a bargepole. Only Rangers die-hards who are far less sceptical than me will. I genuinely hope they don't regret it.

BARNEY BEAR

Agree20 Disagree0

What's he hoping for? Maybe 20,000 fans investing £1k each. Can't see this issue attracting any institutional money.

I'd be looking for a decent dividend (which is unlikely). About 8%, which means paying out £1.6m per year to shareholders. Profit will need to be above this level to sustain that level of dividend. How can Rangers make £2m profit?

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11 Oct 2012 13:35:59
hi ed, frank meade, the outgoing chairman at albion rovers has just done an interesting interview. he states how bad a position the club was in when he took over in 2005. the club was in melt down, behind in payments in paye and vat, yet he says the club met many times with hmrc, and came to an agreement, on a new repayment plan, which allowed the club time to pay back all debts. if i remember rightly, i dont think rangers were ever offered that option by hmrc, which begs to ask the question, WHY ??, boyblue !! {Ed039's Note - I think that Craig Whyte had suggested a repayment plan over a significant number of years and HMRC didnt belive/trust him and snowballed it. I think what the difference is here, is that HMRC were owed potentially tens of millions by Rangers and Albion Rovers would possible have been in the tens of thousands, maybe even hundreds of thousands at the most. It would have been a mere modest amount compared to what MHRC are claiming from Rangers which would have made it easier to comramise, and probably, and I dont want to put the boot into my club here but we all know the score, Albion would have been a genuine cash flow problem, not a rouse to beat the system out of millions)

Believable8 Unbelievable2

What a very fair reply,well done ED039........green jhedi

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Craig Whyte's previous history with HMRC was a major factor in no agreement being reached.

Agree3 Disagree2

For those of you with short memories, it was reported at the time that HMRC came to a number of agreements with rangers over repayment plans in the year before administration - none of which Craig Whyte honoured. It wasn't even HMRC who started the administration process, it was Whyte so he could get his choice of administrators.

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Whyte put Rangers into admin NOT HMRC. The laptop loyal put out a story he beat HMRC down the motorway to the court to get his papers in first to enable his, Rangers friendly, administrators in. Queue praise by silly bears. And on a point of law the judge should never have allowed it.

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Hi ed, i take on board what you said about albion rovers and rangers. yes it is possible hmrc would viewed it as a rouse by rangers as you say. but if it was a genuine attempt to pay back hmrc knowing now it was now in the public domain, then i think it should have been viewed in that manner. im sure albions debt was comparable to rangers in terms of size of the clubs and both their potential means they would have been able to pay them back, in years and in amounts, taking on board the size of support and other means of income generated by a club the size of rangers, i feel the debt could have been paid with ease and save the business side of rangers going into liquidation. boyblue !! {Ed039's Note - maybe you are right mate but I think that the reasons I listed may just be a few. I think the way rangers have conducted themselves throughout the last ten years in regards to tax may have been a reason, but mostly they didn't want to work with Craig why're)

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@4 Well Sherlock, gotta laugh 'judge should never have allowed it' another legal expert from the east end posting pure p!sh. Your obsession and hatred is unending.

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11 Oct 2012 13:13:32
Does Ally need any subs for saturday. Iam being serious here, i am off work and have nothing to do.

Believable8 Unbelievable1

Youd be better giving Craig Levein a shout then.

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Op well go into subway and get yourself a 6 inch PMT italian herb bread toasted and a fanta for 3 quid ,just remember your a 48 inch waist ,are you taking your pal tam cowan ? lol doug t.s.o

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I guite good i was captain of gilford crusaders

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11 Oct 2012 11:51:34
This whole stock market thing does not sit well with me It said it intends to raise up to £20m, which will be used for "strengthening the player squad, improving and developing the club's properties and facilities, as well as providing additional working capital."

why do we need to raise cash for players we can;'t buy it worries me it is more for working capital and is needed to pay the wages as money is not there or have I totally lost it and just paranoid now?

Believable17 Unbelievable0

From STV website:

"After the Sevco asset purchase, Mr Green has been behind the drive to sell 36,000 season tickets at Ibrox, and confirmed in an interview with the club's official online TV channel in May that his consortium's objective was to profit through a share issue.

He said: "I said on day one I wasn't coming here because I was the Salvation Army and I came here to make money. I make no apology for that and the reality is that any money I make will be in the form of shares""

Our pals at STV giving us the warning up front. The Forbes International article timed to perfection. Take heed.

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I googled IPO as I didn't have a scooby what the chairman was on about and got this- 'What is an IPO?' Also referred to as a flotation or new issue, an IPO is the first offering of a company's shares on a stock market. Companies use IPOs typically to raise capital to expand or to reward founder investors.
Makes you think?
JMG

Agree8 Disagree0

My advice? Wait and see......
The good thing about shares is you can buy into it at anytime, not straight away.
Wait 6 months or a year or two.... And if Green I'd spending the money rather than keeping it...... Buy shares then.

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Well done any supporters that are buying shares at present, i prefer to wait a few months to see if C Green does fight the spl, tooth and nail, in the courts, if they manage to steal our titles.

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11 Oct 2012 11:38:23
Ed Green on BBC sport website regarding shares on AIM stock exchange. Green says money goes to three areas:
1) buy players
2) improve facilities
3) working capital

I'm worried because we cannot buy players for a year. Improving Ibrox could and should wait a year also and I'm very concerned about the working capital issue, if we're selling shares to pay operating expenses; wages, electricity, etc.... Then we're doomed. I'm only a small businessman but the economics are the same.
Green needs to declare the priority one two and three and how many million for the £20m to each and when.
Thanks Ed.

Believable18 Unbelievable0

The money is going to his investors (high risk/ high reward) who want their return) IPOs are to reward initial investors/ consortiums.

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11 Oct 2012 11:01:43
I keep hearing that Rangers have a £6million pound wage bill. In the absence of any accounts it wis impossible to say exactly what the wages are. Under TUPE. players coming over from OLCo must be paid the same wages and conditions as before so the likes of McCulloch, Alexander, Wallace could well be on £1m each McCoist could be on a million Black Kyle, Sandaza, Templeman and The Greek the french man and the brazillian must be on £3million between them. Looking at that, I'd say the wage bill is significantly higher then £6 million. possible over £10 million.

Is that sustainable for a 3rd division club? {Ed039's Note - No way are those players on £1m each, that is over £19,000 per week. McCoist yes, the other guys, even if the other guys are all on £7k per week, which they are not then that is £2.5m. No chance are your figures anywhere near correct)

Believable9 Unbelievable3

Read forbes its not just players, many of most expensive who have gone, forbes article points out that lots of employees at gers on huge costed salaries,pensions etc etc etc and they all tuped across....

hence £10 million loss per year even in spl or div 3

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I've been told on very good advice that the goalie is on £15k a week. That's £780k just for the goalie.

Is his £6m playing staff or the whole wages for the whole club? There's 200 people there. Then all the services by the old 276 creditors still have to be paid; council tax for Ibrox, for Murray park for Albion, electricity bills Murray park and Ibrox, has bills, policing, first aid medical people, coaches, cars, fuel, stationery, computers, software licenses, lawyers, accountants, share issue fees, broker fees, AIM exchange fees, maintenance, spare parts, consumables, these expenses go on and on at the same costs for the huge Rangers Goliath, with only div3 income. {Ed039's Note - £15k, i dont think so. Anybody else have any reliable links to what he is on? I dont dispute that it is an expensive outfit to run, just what you think Alexander is renumerated)

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This whole venture is a super high risk endeavour by the sevco consortium. Their private confidential business plan is high risk taking high reward.....
Unfortunately 4 months in they know there is no high reward. It's like owning an old boat. Constantly needing cash injected as per statements Ng, Dave King and Pritchard.
A quick smash n grab leaving Ally with empty offices on the top floor and no money in the bank.

Agree8 Disagree0

What ever the players are on is just a basic if they play win or score there on a bonus it just aint cost effective to run d3 club full time nor is it wise to invest your savings in it at this point and time the board a looking for a quick return once they get it they will start taking a backwards step from ibrox

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Ed, 200 people on £30k A YEAR is £6m.
The wage bill is obviously much more.

I fear we already have a big vat, national insurance and Paye bill already. The £10m season tickets is a £2m vat bill already, only on that. A £20m rights issue would owe £4m in tax plus all the brokers fees, printing of letters, prospectuses, and shares certificates plus envelopes and postage plus AIM exchange fees.......
Plus NI and PAYE for 200 for last 4 months plus vat on all food, drink, single ticket sales, ...... I don't think HMRC is going to see any of that....

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11 Oct 2012 09:12:39
Does anyone else think its fishy that Mr Green is saying one of the reasons for share issue is to buy players? (cant sign anyone for 15 months)

Believable5 Unbelievable2

That's not entirely true as come 1st September Rangers will be able to sign free agents and there are always plenty of them these days

Agree1 Disagree17

Simple question for all fans.... how much money does green have ... personally.

been chairman of many companies whomfloated for millions in past, now did he make money or not.

if he rich, then ask youself why he want investment now from fans, if he poor also ask same question.

easy. also ask who actually owns ibrox.

Agree16 Disagree1

Does that mean Green wants the share issue to buy players for free?

Mikey Bhoy

Agree13 Disagree1

No idea about Green's wealth. The real money men behind him like Arif Masood Navqi certainly have plenty - for example a six million charity donation to Palestine recently.

Anyway I'm less charitable myself so no £500 donation from me to Mr Navqi & co I'm afraid.

BARNEY BEAR

Agree13 Disagree0

I really do feel for my fellow scotsmen(women) if they are taken in by
this charlatan (think the word was coined
specially for him).Look closer at his history
prior to coming to Glasgow-director of 38
companies (14 of which dissolved) History of
a serial robber? {Ed039's Note - Director does not mean he had anything to do with day to day running, it does not mean he ran all these companies into the ground. He may have had a shareholding in them but I do take your point)

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Ed director means directing the board and the business on a day to day basis i think your getting mixed up with a non director shareholder who doesnt get involved {Ed001's Note - not if the director is a non-executive director it doesn't.}

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Arid Masood Navqi and Imran Ahmed and the Indonesian Muslim guy with two names (ffs who has two names? And why?) are not billionaire philanthropists like Craig whyte lol... They shark profits from Rangers type situations. Rangers fans have to stump up for these Muslim guys expected profits and to cover the operating costs of a duff club with poor on field performances.
The fans clearly don't have the cash to do both. This particular venture is doomed.

Agree6 Disagree0

Ed dermot desmond is a none executive director of celtic are you trying to say hes not hands on ?? {Ed001's Note - did I say that? No. So stop trying to be a smart arse. I pointed out that you were wrong, that is not what the term means, end of. What Dermot Desmond does or doesn't do is neither here nor there. There are lots of non-directors who are actually running companies, do you want to include those as well?}

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Ed read my point i said your getting mixed up with ( non directors) the op said directors ... directors make up the board of directors who run the club or business ...what are you on about non directors running businesses ?? non execs can run businesses as directors of the board name one person that runs a company that is not on the board of directors ?? {Ed001's Note - plenty of people do, I could name a large number of them, only I would get them into trouble as they are all disqualified for doing so and in name are not running the business. It happens all over the world.}

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Ed whos being the smart arse now ?? fair enough then not trying to piss you off just debating well leave it at that {Ed001's Note - sorry, I am probably unfairly assuming as 99% of posts replying to anything we say are from smart arses just trying to be bitchy. The point does stand though, they are just titles, meaningless really in many cases.}

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11 Oct 2012 08:39:59
So C. Green is to float The Rangers on the Alternative Investment Market ( AIM ) and not the main market. This market does not scrutinise the investments as strictly as the main market. He wants to raise money for the day to day running of our club and to strengthen the playing squad and he intends to do it from 5pm tonight. He certainly is in an almighty rush to do this . I for one would be willing to invest in Rangers as I have previously done, not for profit as this would be non existent but for my love of the club, but not as long as Green is in custodian of our club. He repeatedly withheld and lied to us about issues of the club so far. Where is the money his investors supposed to be millions gone? Who are these investors? Who is really running the Gers? The questions go on. I will register my interest in this share issue but would be very wary in investing as I don't trust Green, it's not that I would be looking for a return from the investment that doesn't happen but if it was for the good of the club I have no problem there. But fellow Bears be very wary of this issue till learn all we need to know. If it was the fans making the issue I would have no problem. £20m is not a lot to run a club of our size this needs to be scrutinised further.
Bobby

Believable21 Unbelievable1

I agree. it does seem a small sum to be needing to raise if you have so many millionaires already onboard in your consortium. ? (where are and who are these people?)However, 20 million is not a bad return if you outlay 5.5 million and trouser 20 million and walk away.

Agree17 Disagree0

Well said Bobby.Why subscribe to Green's
pension fund at this moment.

Agree18 Disagree1

11 Oct 2012 09:46:05
You incorrectly use the word "investment" when in reality it is a donation or gift which may well be misappropriated.

Agree16 Disagree0

You are correct it is really a a donation or gift but done through an investment issue and you are also correct to say it can be misappropriated to whatever the poeple who run the club want to do with it. I was was marrying to make that point, thanks
Bobby

Agree9 Disagree0

So it's make your mind up bears.You have a choice here.Spend £500 on a possibly worthless piece of paper or a new flat screen (possibly 3D) television.Very difficult
choice. {Ed039's Note - I already have a new flat screen, but I still wont be buying shares. Not something that interests me. The thousands I have spent in the last 20 something years has been more than enough. This season I have season ticket, strips, programmes, pies, bovrils, a load of other swag (ie, wallet, mugs, dvds) ........ that is investment enough for me)

Agree10 Disagree0

Its spend £500 more now, or wait and spend this £500 for the next gers recovery vehicle, or next years season ticket.

worst case scenario if gers fans stump up another £500 (next years season ticket) ... newco folds and all the money (like all oldco value....) disappears....then what...gers in div 3 and no sign of season tickets to rescue then for 2 years.......

who then will walk in and rescue gers.....??.

worrying time... but fans in control.

Agree10 Disagree1

11 Oct 2012 08:11:10
Looks like more lies from Green. Did he not say that he was only selling shares to fans? Well he has just stated (see BBC) that most of the shares will go to Institutional Investors. {Ed039's Note - Did he not say 40% to fans? I thought I read that somewhere)

Believable12 Unbelievable1

He did say he would sell 40% of his shares to raise 20 million, i believe. He then said when he met the Ulster fans that he would sell these shares to fans of Rangers only. But now he states he is raising the 20 million from institutional investors and the fans (or public). So the fans wont own anywhere near 40% of the club. Flotations on this market are generally difficult for the public (fans) to buy anyhow. As if its a good thing the institutional investors get first dibs and the public get stuffed. If ids a dud then the public get the shares and are gubbed. Be very wary.

Agree11 Disagree0

Lada you have to be honest with yourselfs, this stinks to the high heavens. The lies, the contradictions, the timing, the rush he appears to be in. If it were a normal investment opportunity and not Rangers, you would stay clear and look elsewhere. Even taking away the fact you know its a non profitable investment, and just for the love of the club. Tread carefully bears.

Agree9 Disagree0

Wasn't he suppose to give a discount to fans who had previously held shares in oldco and lost out financially?

Agree9 Disagree0

Poster 3. yep. discounts to the 26,000 Old Rangers shareholders who lost out. that is another strange thing he said. If you float the shares, you float the shares at a set price. You can not buck the market by offering certain people discounts in a public share flotation. CG seems to be a daftie who will say anything at anytime.

Agree9 Disagree0

11 Oct 2012 07:55:04
Quite frankly I am sick of the so called Rangers supporters slagging off the team and management {Ed039's Note - Its quite justified, if it were any other manager, lets just say Billy Davies for example, you would probably join in)

Believable6 Unbelievable11

Lets be honest mate, if it were the ugly, ginger one who's team had been beat by stirling albion you would be giving him pelters aswell. The record under this management team has been nothing short of awful for a club the size of Rangers. There's no getting away from it.

Agree10 Disagree6

11 Oct 2012 07:41:30
Rangers football club has formally announced that it intends to float its shares on the AIM market in London.

The club said it intended to raise up to £20m through an institutional investor placing and limited public offering.

Rangers said the funds raised would be used to strengthen the player squad, improve facilities and provide additional working capital.

Fans wanting to invest have been invited to register their interest.

Believable1 Unbelievable2

Could this be ticketus getting their share of the club ed? {Ed039's Note - Who knows, there are plenty of rumours/theories, alot of them believable, some not so)

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'Rangers said the funds raised would be used to strengthen the player squad...'

Right guys, who do you think we should sign in the January transfer window?

Oh! Wait a minute...

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11 Oct 2012 03:15:34
Ed why u not posting my posts ? Gers 1975 {Ed039's Note - You posted at the back of 2 and back of 3 in the morning, mans gotta sleep buddy. They are there now)

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Hi ed can you not set your alarm for 0145am ? lol doug t.s.o {Ed039's Note - I dont live in Shettleston anymore mate, if I did I would have been awake coz that was the best time to watch the fights outside Deans Bar and Town Tavern on a Friday night lol)

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How you enjoying Blackhill then ed? {Ed039's Note - My mum was born in Blackhill)

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Ty ed gers1975 {Ed001's Note - he is getting a bit lazy, I will start phoning him at 1:30am to check the site for you ;o)}

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Hi ed 39 deans was 1 of my haunts ,you might have seen me out on the street ,bet your too young to remember the paliceum picture house that burnt down ,or an icea da creama from tony capaldis lol doug t.s.o {Ed039's Note - Showing your age Doug, I used to live in the last close on Shettleston Road just before Deans .......... next to the Roll Inn)

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11 Oct 2012 03:13:34
Haha we are in div 3 and Celtic fans are even more obsessed with us , how many gers fans have watched any of the so called top scottish spl games not me....... Or in fact give two monkeys about Celtic not me ......... They keep saying we are an experienced side etc lol only players who got any games was McCulloch /Wallace Last season
Alexander = back up
Greek guy = released
Faure = released from Lyon with no games for them
Cibri = never heard of him
Wallace
McKay=18
Aird = 17
Mccleod =18
Crawford = 18
Shields = injured
Black = injured / rotten
McCulloch
Little = injured
Kyle = banned
Sandasa = injured
Templeton = injured
Hutton = not given enough due to black
Oh who have I missed that's rite youngsters I haven't even heard of? That's 18 first team players there so stop being obsessed with us
Gers1975

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Interesting that you mention Celtic twice in the first two lines of your post.....let me explain irony to you.... {Ed039's Note - Whats ironic about it? Do you not mean hypocritical?)

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Your playing division 3 mate, they are part-timers.

Alexander = played & won cup finals
Agyriou = 3 diff top flight clubs in greece
Faure = 21 now. Represented france at u17, u18, u19, u20 levels
Cribari = 13 years in Serie A
Wallace = Rangers most valuable player
Shiels = Injured but been just ok
Black = Injured / Rotten
McCulloch = Swan diver
Little = Broken Left Kettle
Kyle = Experienced but mince
Sandaza = No comment needed
Templeton = Good winger, no caps
Kyle Hutton = Manager should have kept him in the team after Motherwell
Ross Perry = Hardly a kid anymore
Stella = "Not fit"

Darren Cole = Another one who the manager wont give a game even though he's "highly rated"

Fraser Aird
McKay
Mitchell
Crawford
Kai Naismith
Chris Hegarty
S Gallacher sub gk


Thats 23 players and enough to beat Stirling Albion. {Ed039's Note - Absoloutlry)

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Its dramatic irony Ed...The OP is stating something they believe to be true but I know different. "Or in fact give two monkeys about Celtic not me"....Its ironic because He does give two monkeys about Celtic. However you are also correct is is also total hypocrisy. But then i'm sure you already knew that hypocrisy was a subset of irony! {Ed039's Note - Mrs Robertson?? .......... I thought my old English teacher was dead lol)

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I knew you weren't paying attention!
Mrs Robertson
a.k.a poster no.1 & 3

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For me Ally's signing policy in the summer has now came back to haunt him.

Instead of making 1 or 2 marquee signings like Templeton and Shields and searching the lower leagues for tried and tested players at that level he goes and brings in Black, Sandaza, Kyle, Cribari, Faure, Agyriou and Stella. I mean he gave Kyle a 1 year deal?! For a fraction of Kyle's wage we could have had Rory McAllister, a proven goalscorer at this level. With the likes of Hutton, Wallace, Perry, Alexander, Little, McCulloch, Mitchell, Cole and Hemmings all sticking about and youngsters like Aird, McKay, McLeod, Crawford and Naismith all coming through i would have thought Templeton, Shields and half a dozen tried and tested players at lower league level would have been sufficient to see us up until SFL1. Who know we might have even unearthed a few wee gems. For me, Ally must go!!!
J1985

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11 Oct 2012 02:46:48
Read a lot about getting new coaches in , don't hear enough about getting rid of durant for a start wtf has he down apart from hiding his face with his hands I know he's a blue nose but we don't need him , I read derek ferguson the other day Wat he said was spot on regards mccoists signing this season why sign the Greek , brazing and French guy for div 3 when they haven't a clue about the lower div , should have bought the best 1st and 2nd div players the way Gretna done it , then once we and if we get to div 1 go out buy the brazilians and French players to get to spl ? I believe these players are good just look at the well game, compared to all the away games this season but in saying that I am still with McCoist good positives is the kids coming on keep it coming continue to play these boys no matter what! I believe if we win all our home gmes we will still win the div 3 ok it's not good not winning away to these teams but we take these games for granted at the end of the we will come out the other side knowing and experiencing the meaning of winning and losing if your not a gers fan now you never will be
Gers1975

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