Rangers Banter Archive June 12 2013

12 Jun 2013 15:39:03
Guys this is from a 100% reliable source from within ibrox. Walter took a huge payment to take on the role of Chairman and as timmy thought. it was a ploy to sell STs. however there is a major story about to break regarding all the shenanigans in the background and Both Walter and Ally are incriminated in these revelations. they will be seen to all as mercenarys. and rightly so from what I've heard. we are rapidly losing money. check the AIM. its not rocket science the shares price have more than halved in just over 6 months. analysts are predicting only the season book sales are keeeping us afloat for now and we will be liquidated by November!!!!!!

My answer apart from the fact this is pure P**H is that NOBODY in any position you have described would be building a team the way we have over the last month it would be pointless. I could believe WS and Ally maybe partly in it for money but not to the extent of destroying RFC. dream on timmy or paranoid person whichever you are. george

A reliable source who's told his mate! According to all these reliable sources we have been going into administration and liquidation every month since last summer. So no named poster thanks fir your efforts. Another non starter for me PB

Yeah ok mate that's a good 1 keep trying lol

@ o. p
Got a feeling someone
telling porkies to stop us
buying season tickets
DREAM ON!
WE'LL SUPPORT U EVERMORE
billy h

What evidence have you to substantiate this?

You should see a doctor mate your well off the mark

Really!!!!!!

A wee question. How can you know when a compnay 5 months in advance is going to be put into liquidation. Ahm not having a go its a serious question. Could you explain it please.

Aye and the sky is falling

Your source isn't imram ahmed by any chance, absolute fantasy.

@6 so where are the audited accounts if all rosey? shares in freefall and no statement to stem the flow.

meanwhile tapes now show wally got£1.7 mill for 3 years, just under £6 mill, while ally gets £3/4 of a mill, they rolling in it. and could buyout any other club in sfl with that stash

do they fund gers recovery. not a penny.

40,000 SB @ £250 (average) = £10, OOO, OO0 less VAT @ £8, OOO, OOO
24 Players £5000 X 52weeks = £6, 240. 000
Ally, McDowell & Durant £2, 100,000 per year
The above figures show a loss of £340,000
We do not know how much sponsorship we have.
I would think no more than £2,000,000 which would leave us £1, 660,000 to pay for the other running costs which would include reserve & youth players, directors fees, admin & general non player employees, Murray park & Ibrox & match day expenses including police costs. If we are to believe that we lost £1,000,000 a month last season & this is repeated again this season then in my opinion administration/liquidation in November is feasible.
I should stress that my figures are an estimate but not far of the true figures. Discuss

@8) you can look at income and monthly outgoings and calculate the bust month.

You forgot one important aspect of income my son, how much merchandise do you think wee flog? Between Scotland and Ireland alone, my guess is well over 100,000 shirts/kits, then all your official merch, with rangers being one of the biggest footballing institutions in the world, it's safe to say that we'll never die or go away, in all fairness the troops up the stairs aren't going to make the same mistakes as the last pair of clowns. We'll be back in the top tier in jig time, and that's what scares them.

@13. Insolvency leads to administration you cannot predict liquidation.

Smith or McCoist could put all these rumours to bed by telling us what is going on, their continued silence has been ringing alarm bells for some time.

Wow we better add November to the list of previous "this wednesday, this thursday we will be liquidated!" So your reliable source only told you about this eh?! Jog on son!

And seriously is ST's and sponsorship the only source of our income? What about strip sales, retail sales, match day packages, Ibrox tour sales?

Much as I hate to say this number (12) you are most likley to be very close to how much we are spending per month/year at moment.
Only thing you may have missed would be the bonus amounts everyone was paid out for winning the League? if that is in everyones contract similiar to last then we have a huge amount of money to find to pay it all. So to your figures add the bonus figures for last year add them to this years figures and? can only think our share issue money has a massive dent in it.
Walter time to be truthfull with us before end June, how much is there in the pot and how much do we need to find to make costs add up? surely you are man enough do do that? remember everyone we still don't have any bank offering us any loans etc.

Fellow bears, the figures above are probably on the money TBH, however what this nutcase has skimmed over or missed totally is, TV money £2million, Hospitality £7. 16million (official in company accounts 2010-2011 season, Food&Bevereage @ kiosks 40000 people spend £5 @ 24 homes games =£4.8million, new strip sales both home and away strips 40000 @ £40 = £1.6million.
the above figures are only based on 40000 supporters but we all know there is probably 140000 peiople buying strips, we all know we spend more than a £5 at kiosks for food and drinks, so dream on Selllik lover our finances good WATP! {Ed001's Note - you have forgotten to factor in just the profit on all those things though mate. The hospitality will cost probably two thirds to run, so call it £2.5m profit. Food and beverage roughly the same profit margin, so maybe as much as £2m. The shirts will not benefit the club, other than the initial amount paid to produce the kits, unless sold through an official club source, which, if I remember correctly is now split with Sports Direct, is it not? So the merchant's cut, that Rangers would normally be able to command for selling through their online and offline stores, will be split with them, unless I have misunderstood the deal.}

13 Jun 2013 08:48:23
Doubt Walter needed a bg payment to join the board. The man was on £1, 700,000 pa in his last stint as boss.

Aim costs 0.5 mill / year
rangers shop at airport 0.5 mill
win bonus £2.5 mill
legal fees £1 mill
hidden payments to directors pals.

sponsors could be nothing up front,.

What about this Kieran bloke who has said he is buying into the club, perhaps he will help?

@14: merchandise won't make as much as you think - certainly not enough to make up the shortfalls suggested above.

#22. This is quite interesting as if this guy is wanting to buy a much higher stake in Rangers then they're going to have to give him a good swatch at the books.

If after that he is still willing to invest significant amounts of money then that would be a very good sign for the club.

The guy's certainly smart enugh according to the Record. I didn't even know IQs went higher than 200.

If everything is great at ibrox where is the accounts, who owns the deeds and where is your 10 million pound war chest. Answers on a postcard please.

No this is net profit for hospitality "mate"! (in offical accounts), you go to TGI and buy "jack daniels chicken, you get a breast and some mash potato, £13. 95, costs for ingredients £1. 50, cost to produce £1. 50 tops, that's 465% profit, you do the math on your (sellik calculator)!.
cost to product garments in far east £3max, shipping £1 (as shipped 40ft container) duty 2. 7%, VAT is claimed back with HMRC on sale £39. 99, sports direct deal is profit share between both parties. {Ed001's Note - and electricity and gas to cook, plus staff wages is free is it? Clearly a fantasist with no real idea of running a business or what costs it entails. I have no idea what a sellik calculator is, but you are so wrong and so far up your own bigoted arse it is pathetic. Go away with your tiresome crap about Celtic whenever anything is posted that disagrees with your nonsense. Nothing you have said regarding the garments has any basis in reality. You don't understand what a kit deal involves. Rangers get an upfront payment, not a cut of sales unless the item is sold through official club stores. There was a deal done once between Reebok and Liverpool, wherein the club got a tiny percentage of all kit sales, but Rangers haven't done the same deal.}

@14 you are a Belter!

That'll be you marked as a Celtic fan by some now Ed001.

1903 {Ed001's Note - I am used to people being so stupid as to assume that everyone who disagrees with them must support their rivals, rather than it just being that they were wrong! Mind, on the Everton or Man Utd pages they might have a point.....}

Hi Ed ever heard of Primark----huge profits, slave wages and aye no gas or Electric paid lol.
And Aye there might be a point to the financial arguments but only the board knows!

Ed learn to read! I factored in £1. 50 to produce!.
80%of profit for kit sold through Rangers stores are retained by the club hence why we Rangers fans are encouraged to purchase throught official Rangers outlets.
As for the being bigoted, i'm not the Sellik fan on a Ranger fans forum using smoke and mirrors to make nonsensical points based on an agenda. {Ed001's Note - I can read, but you have no business sense or intelligence whatsoever. You are too lacking in requisite reading skills to realise I am a Liverpool fan and have no interest in Celtic at all, other than to take the mick out of Ed007 when they lose! Clearly you are the bigot, who is so bigoted that they believe anyone who doesn't live in their fantasy world must be a Celtic fan. One day you will grow up and realise that most of the rest of the world really couldn't give a monkey's about the Old Firm, either side. Certainly no one has any kind of 'agenda' about you, you just don't matter enough outside of Scotland, either of you, to bother with an agenda, other than keeping your bigotry out of the English game.}

@30 Ed feckin brilliant mate! Well said! These people live in such large glass houses its unbelievable!
Cheers Ed, you have made my day!

Ed001: he obviously didn't/couldn't read my last post @28 either lol

And where's he geting the 80% profit thing from? I'm pretty sure Ashley would never have done a deal like that.

1903 {Ed001's Note - I am pretty sure he doesn't understand that staff need paying, the shops needs fittings and fixtures, transport costs, lighting, heating etc etc all have to come out of that 80% he was talking about. Even if you don't factor in Sports Direct's cut.}

12 Jun 2013 12:05:22
SFL clubs have voted in reform plans 23-6

12 Jun 2013 09:05:58
Rangers only need another 3 signings in my opinion ie. 2 centre halfs, a right back, the 3 I hope we sign are marius zaliukas, Craig Cathcart & David wotherspoon, what do you think?In my opinion we have enough midfielders & strikers to walk the 2nd division

We need 4 2 Centre backs right back and fast right mid field