Rangers Banter Archive December 15 2012

15 Dec 2012 17:33:32
iv been told by someone in the know the reason for the players anger towards green ... when the players agreed to pay cuts they agreed they could leave at reduced transfer fees green exploited these clauses and used it to transfer the players from oldco to newco at ridiculously low costs but then reneged on the clause by claiming the transfer from oldco to newco for filled that agreement and could then hold the players to their full contract and sell them at full value the players feel green has cheated and conned them and want either released from their contract or return the money they where due from the pay cuts ... fuzzy

OP - I would go back to the someone in the know and ask them, what does that mean!

JG

Greens pronouncements on players showed his understanding on tupe was lax at best,

but if there grain of truth that green tried to save money ( and we now he had to save million) maybe he did pull a fast one and offer new contracts on the 75% off level not the original terms.........

non gers fans will be happy to see more money splahed on fruitless legal fees....

When sliding into admin, the players negotiated over 3 weeks new contracts with oldco including leaving on reduced transfer rates to recoup their wage losses back.
When oldco officially dropped into liquidation all players could walk.
Green in his new club had no legal contract with any of them and knew this. He desperately needed them to sign new contracts with him.
However he couldn't afford them.
This nonsense against former players is a deliberate distracting nonsense, playing on hate to victimise people to coalesce a group identity to buy shares.
But Green has said he doesn't need fans buying shares, he's said twice on TV he's got all the shares covered.
Naisy has implied fans don't know half of what went on. He or his agent needs to come out and tell us. After all this Ally stuff.

Wasn't there also some rumour/report prior to public enemy No1 tipping us over into admin that Davis, Mcgregor,Naismith and Whittaker were supposed to have renegotiated their contracts with Craig Whyte? I'm sure i remember something along those lines. You know i'm still going with the support CG as much as we can,but at the same time i have concerns,he is the only show in town at the moment,but there is too much cloak and dagger stuff for my liking. Surely all the agencies involved with everything that's happened can't be having the wool pulled over their eyes? Yes it is like shutting your eyes and hoping for the best,but what else can we do?
I'd rather Chico made a few bob for keeping our club,than lose it altogether.
P.O.B.

15 Dec 2012 13:28:36
This is a huge story in Scottish Football:

""Kilmarnock manager Kenny Shiels is accusing a match official of an 'outrageous fabrication' of evidence against him.

Shiels asserts that Andrew Dallas, the fourth official at Kilmarnocks league match against St Johnstone, invented a story that led to him being dismissed.""

Shiels goes on to say he recorded the incident on his laptop and the SFA dropped the charges against him. But this evidence proves this official to be a liar and untrustworthy with no integrity.

Scottish football desperately need professional officials with integrity and honesty. There can be no place for this guy now in the game. He casts suspicion on all officials whilst he remains.

Another Dallas? Must be something to do with the surename, tell me what woul Hugh, I mean you say.

No spl clubs have integrity after the way rangers were treated

@2 love that post coming from you! Maybe you should ask the creditors that your club owes money to about integrity! You just couldn't make your garbage up mate!!

@ 2 Couldn't pay creditors but wanted to give Cousin £5k a week while in administration, don't even start about integrity.

Gaz

16 Dec 2012 00:32:09
'; No.2 ..dry your eyes for goodness sake...get a life and be happy you are actually watching your team play football and forget about the SPL until you are nearly back in it ...JohnnyG

15 Dec 2012 11:48:54
One thing would kill the argument off if Rangers actually died would be for Green to actually come out and say he bought THE CLUB rather than the assets of the club?

15 Dec 2012 09:49:07
Few people on here saying not to buy shares now but to wait until later, some of them may have an alterior motive for saying this but let me explain one basic fact

If you buy shares now you are investing in the club, your money will be used as operating capital

If you buy shares later, you will be buying shares that someone else is selling therefore your money will go directly to the seller

Thats how it works folks

JG

The experts are saying the starting share price is too high, will drop after a few days and it would be better to buy at that point.

Only any profit would go to the seller {Ed001's Note - you really should think about it before posting name calling (which I removed) as you are wrong. It is not a difficult thing to figure out, the seller would receive the price paid, plus any intermediaries would receive fees. What do you think the club would get from it? A share represents a part ownership of the company, the initial buyers are putting capital in and in return getting a share of the company. That is then theirs to sell as they wish. The club doesn't get another capital injection each time a share or shares are sold.}

@2 ED-01 is spot on, when anyone sells shares the money goes to the seller


JG

Ed you are correct but your logic applies to these original consortium investors. They are selling these shares to dilute their holding thus getting payback from this share issue by putting up their original shares.
It's exactly how Green said they'd make their money.
Bottom line is We will see. {Ed001's Note - I don't see the relevance in your point? The debate was whether waiting and buying shares later helped the club or not. Clearly the only way the company benefits is from the initial share issue raising working capital.}

The starting price is hugely high.
The club cannot be valued at £50m when currently Celtic are valued at £30m.
Even bluenose Neil Patey smirked at this and made the comparison.
After the sale the shares will drop considerably. The stock exchange won't mess about. Probably over 50% drop realistically.

Money to buy albion and offices from Charlotte holdings. Charlotte Square in Edinburgh is where SDMs in distress Murray Group have their HQ. So its SDM clawing more and more money out of Rangers whilst Ally distracts the audience with piffle about two good former players who got stiffed for their wages then castigated by McCoist. SDM still feathering his pockets.
Share issue is to further feather SDMs pocket for Albion car park and Edminston House. Are these property purchases mentioned in share prospectus?

How does initial share purchase help the club when its the founding consortium selling their equity for their benefit?

I certainly don't see how Charles Green could object to any bear holding back to get shares at a cheaper price. After all he paid the absolute minimum price when he acquired the assets of the club.

Might even have a wee punt on some myself when the price becomes right but no way at £500.

How can you sell 1 share for £500
And then at a later date sell 1 share for anything lower than that? I imagine you would say because the share price had dropped. But then if the price had dropped considerably ALREADY would that not be a sign to any sane person not to invest in these shares? When you add the dwindling share values to the important questions that have not been answered (bodyswerved) by Charles Green then you can hardly blame people for not rushing out to buy them can you? I think the only way this could have had a chance of being a success is if CG had answered all the relevant questions needing answered, got the share price and timing of this share floatation correct and he hasn't done any one of those.

@9 do yourself a favour and do a wee bit of research before posting

One share is not 500 quid, the minimum investment is 500 quid

As for your point about the shares dropping already, as this is an IPO, the first time shares have been offered to the public, then they havent done anything yet

JG

15 Dec 2012 02:17:46
Why is it that ally is talking about Celtic? It sounds like he is setting up the excuses already just in case he yet again gets out of another tourny. Celtic's game was on what the players said it was an ice rink and they dominated the game where the score could have been more if not for disallowed or great saves, although they didn't play well. But just because the score was 1-0 dosent mean Celtic were in trouble, that's the whole difference ally, Celtic didn't play their best but they were never close to losing the game and played well unlike his tactics and players, where theyagave a hard time every game.

So having sat and watched the match is he not allowed an opinion? Cos many have had their say and passed judgement on rangers this season. Having read his comments I don't see the problem. He said that even Celtic didnt have it all their own way , found that these places aren't always easy to go on a cold night when the temperature gets below freezing. And that perhaps their players probably preferred more salubrious surroundings. Hardly defamatory quotes are they. Can't imagine him getting censored for that. Pretty much a pointless trouble making op id say.

He's obsessed,as is Charles Green,mentions Celtic every time he open his Yorkshire gob! FFS We are even mentioned in the prospectus...... And you call us the obsessive!

Briggs

Everybody is talking about Celtic mate.
Including Ally, Green, Smith, Jabba, Hately, .....

The celtic fans obsession has went from funny to restraining order material... Their banter page is 90% story about rangers.

OP - why are you talking about ally talking about celtic?

JG

14 Dec 2012 23:08:54
I dont see what is illegal about buying something for less than face value when you are the winning bidder? Why would bdo be interested in the 5m transaction which cg values at 17m now?

The buying is not the problem but the selling. D & P had a legal obligation to obtain the maximum return for the creditors. They failed to get 1p for star players worth many millions, nothing for goodwill professionaly valued at £16m

Something to with creditors going unpaid because of insuficiant funds to settle those debts ,, a fair percentage of those creditors have still to be paid and this aspect is the principal concern for BDO .

What if whyte chose d&p so they only sell to green , who whyte also linked with.......

that would be illegal and bdo could unravel this sale as it would be a clear case of collusion to stiff creditors.

note what stops someone now doing that agains to new gers... and stuffing folks like jg who are paying good money to save they club, he is therefore creditor of club, he owns shares in it.....