Rangers Banter Archive October 15 2012

15 Oct 2012 22:34:39
Got a feeling that this whole new rangers thing is going to end in disaster cg doesn't have the money end of story!He is telling lies after lies and he ain't fooling me!

I totally agree......................Wemyss Bay Gaz

You genius that you are well come on then tell me when it's going to happen. And if you are right what will happen next. I agree I think green ain't got the money but I still ain't convinced he is the one putting money In. I think there is still more to this than meets the eye. But I would never try and predict the outcome good or bad I will support my club as best I can and what ever happens happens because walking away ain't a option

I think Green has money (been part of too many floats not too, and chairman of sooooo many companies, 8 rangers ones)

But why invest your money and risk it, when you can invest others monay (at no risk) and use that.....

he very smart...

Look bottom line if we still want a team to support the best thing to do is buy shares and hope that green is lejit

@2 Walking away ain' an option,so tell me if Greene goe's down the swanney and Rangers go into administration again, what will you do.If you have an answer to that then please tell the rest of us. The only way Rangers can be sure of winning is for the supporter's to buy this guy out completly.
Tam

@4 Ah hope!Where has that got you up'til now

15 Oct 2012 19:29:51
Well that's us in the middle of October so obviously liquidation is second half October and FTTT result also. Does it make a legal difference which is delivered first? I presume if oldco are liquidated before FTTT then HMRC could chase newco if proven to be a Phoenix company. Green has said he bought "the BUSINESS and the assets". He states its the same strips, logos, badges, history, etc.....

15 Oct 2012 17:27:58
Charles Green is a Director of the following companies, which are seperate companies from Rangers:

Rangers Security Services Ltd
Rangers Retail Ltd
Rangers Financial Services Ltd
Ranger.co.uk Ltd
Rangers Youth Development Ltd
Rangers Media Investments Ltd
Rangers Matchday Services Ltd
The Rangers Shop Ltd

Are any of the fawning supporters groups that were taken in by Craig Whyte aware of this and if so have they sought an explanation from Charles Green in relation to them. Some of these companies were in existence prior to Green's takeover, so what is the need for the continuance and what is their purpose.

Is Green looking to divert monies into these companies rather than it going to Rangers. {Ed039's Note - Are you paranoid or what, clubs have subisidures of their different departments all over the world, I dont think there is anything to worry about there. If you look at corporations all over the world, there are companies who have these "umberlla companies", what is wrong with this and why are you worried?)

No mention of football in those company names does that mean McCoist is staying?

We all know this is how sdm syphon end money out. He owned s dozen Rangers companies similar to above and all revenues went to him not the club.

Yes Ed you are correct. Many companies do operate a Group structure, with the financial and business activity of each company within the Group being shown in the Group's accounts.

But this is not what is happening here.

The other 8 companies are independent and have no accounting relationship to Rangers.

Rangers have absolutely no control or right to any money going into these companies.

There may well be an innocent explanation, but the questions need to be asked. That is the point.

For example, Rangers Retail Limited were set up on 13 July 2012. The trading address is in Mansfield. Who is David Michael Forsey, listed as a Director and also a Director of 164 other companies.

I for one want to know what this and the other companies are all about.

As I say, there may be an innocent explanation, but why is the company called Rangers Retail Limited, if it is operating out of Mansfield. How does it generate income. Is it using the Rangers name to benefit from retail sales. Why would such sales not go straight to Rangers.

All questions I feel need to be asked and certainly not paranoid.

Ed039 which of these companies are the shares covering, so hard for fans to keep in touch with corporate governance, does green take directors salary from each......

if you puting shares on aim you want to be transparent...why the subterfuge......

guess the shares only for rangers fc.... so no chance of ever turning a profit....... {Ed039's Note - You are right, there is no chance of them ever turning a profit, I have said this already about football shares. The shares will be transparent as you will be told which company you are buying shares in, and the company that is floated on the stock make is the company you would buy shares in. What is the big deal about these subsiuary companies??)

David Michael Forsey is the Chief Executive of Sports Direct International PLC. {Ed039's Note - I guess this goes some way to answering above)

I would say to fans make your own decisions and ask all the questions but I'm sure cg will tippy toe around everything as to make everything sound great but don't let another one put your head in the sand. And I would say to you Ed that you seem to be a watp and have your blue eyes of the old club in your mentality and there for hope the fans don't decide to give money just because you say its all good, and calling ppl paranoid for asking the right questions finally.

15 Oct 2012 15:10:02
struggling atm to keep the faith in the gers..
LeJonWATP

Op.....cheer up! Have no fear cos the Gers are still here! Nils Desperandum! Geo the Ger

Never lose faith in your team. The suits etc yes. But not the badge. hH

OP Celtic man here, ok your team ain't playing so well just now but if you are a true fan, you will stick by them through thick and thin. It's the guy's at the top ( Green and Murry)you should maybe thinking about having faith in.
Tam

I know that financially there is a major difference but If I was a Rangers supporter I would be looking at the positives. Classic example (forget all the admin/liquidation stuff, stick to football) look at Manchester Utd, one of the biggest footballing clubs in the world. No one could see it happening with such a massive club and European Champions in 1968 - Relegated to second tier and it was the best thing that ever happened to them. They regrouped became stronger and now look at them.

15 Oct 2012 14:07:30
CG apologising to EPL teams following derogatory comments...is this CG keeping the share issue high profile and talked about? Or is this CG making a d1ck of himself again?

It is certainly not assisting the share issue.

Any institutional investors will look at several criteria when making an investment and one of the important issues is to look at who is running the business.

Green is not creating a favourable impression.

The fact he knew of the top of his head what man utd get and what Aston villa get shows he done some research prior to saying this

Well so far i think mr charles green has came across as a bit of a fud not to good as the voice of the peepul

He got two mentions in daily mail.... so its great publicity two mentions... in two days

hes very good at pr.

15 Oct 2012 10:55:18
it will be interesting to see how many gers fans flood hampden when we play queens park. with there average attendance 500 folk, if we take 40,000 it.l see them rite for the next few years. hopefully with the biger pitch we may actually get an away win. but please ally do not play one up front. rather like levein, that tactic could well be your death knell. hard to beleive a record goal scorer can play such negative tactics

Queens Park will no longer play at Hampden until after the Commonwealth Games.

I believe they will ground share with Clyde.

Will queens park not be playing at another ground, as hampden is ment to be getting a face lift ??

Getting off the subject, how long will Little be out ? He was brilliant for your club..

Clyde capacity 8,000 - so bringing 40,000 pointless

Hampden is closing from late 2013, by which time Rangers will no longer be in SFL3

@5 So where will they be then?

Wot yeeze on about they wont be moving from hampden till next year.when we wont be in the division. so 2 big days when rangers visit will finance them for years.