Rangers Banter Archive April 27 2013

27 Apr 2013 17:55:57
On the issue of shares, I bought my 500 shares at a cost of approx 350 punds. The equivalent 500 shares bought by the initial investors like Charles Green and Imaram Ahmed cost them 3. 50. My investment at close of trade Friday was down to 280 pounds. Charles and Imram's shares are now also worth 280 pounds but they only paid a penny for each of them so they still have 260. 50 profit. As they own a very large number of these penny shares they stand to make a killing even if the shares continue to drop. Me small holding and thousands of honest Rangers fans will however continue to lose fromtheir initial investments. As Charles and Imram are now gone and will most likely dump the shares at the earliest possible moment could someone please enlighten me on how we as supporters losing money daily are helping our club. Is there any good reason out there why we should not cut our losses and use what's left to really help the club.

This is how these guys work mate. green has previous all over the place for failed companies. Some people need to wake up, this lot could end up shutting the whole club down. The only hop is that the asset sale is deemed illegal, but that would start the whole administration all over again with BDO in charge. Far too much secrecy from Rangers at the moment. Has any body heard of the workmen ordered off site at Ibrox by their company, the bill was two months overdue. That other mob orlit have their claim lodged in edinburgh as well.

My heart goes out to you mate, keep ure head up for the moment and wait and se what occurs in the next few weeks, tommyblue

If you are buying shares as a fan then it shouldn't really matter what they are worth as you bought them at first to help the club and shouldn't be looking to sell them on for a profit.

I feel your pain mate. If you can afford it then roll with it mate. This is just personal but once the mess is sorted out and it may take till the end of next season to do so. I am hoping a new and more transparent board will be in place. just an opinion. Its neither right or wrong james.

No 3, you missed the point, shares were not bought to make any profit but to help my club. What I was asking is are the shares helping the club or link g people's pockets, At least if I cut my losses I could buy club merchandise etc.

How many shares did it take to pay Ally's wages??Or work out how many season tickets to win Div 3. Sure he has the club at heart, right up there with SDM, CW and CG.

#5- sorry mate your missing the point. You may have been well intentioned but buying the shares is helping Charles Green, and the rest of them NOT your club. It pays for the ridiculous salaries, bonuses, incentives, 1p shares, health care, free cars and accommodation. Wake up man.

@5 and line the Newcastle persons pockets and pennies in the pound going to the The Rangers! Bit of a no win situation you guys are in now isn't it?!

The equivalent 500 shares bought by CG cost £5. 00, not £3. 50. Sorry for you though mate, said all along that they are using your emotional tie to Rangers against you. Best of luck.

Shuggy

28 Apr 2013 07:07:24
And ANY "official"club merchandise you buy your club takes the hit after the rotund geordie gets his 49%.

I want to know how you managed to buy £350 pounds worth of shares when the min investment was £500, I know as I bought them, and as a Gers fan bought £250 when Murray offered shares and lost them, I bought them not as an investment but for the love of my club, if all those 100,000 fans who went to Manchester done the same we would own the club

You should have sold at 90p and then reinvested in a season ticket. only way to feed club you luve money.

zeus and green floatation experts where shareholders loose thier shirts and green and co walk with £5m+. profits.

merchandise. no use either as green has that contract placed with rangers retail - 50/50 with ashley and who. probably green and just 5% to rfc

. hats of for trying to save yur club.

A bit of advice, engage brain before opening cheque book.

27 Apr 2013 14:01:50
I see a lot of posts on here championing Dave King, why? He is on record as saying that he wanted the CVA to fail. Why would a 'Rangers man' want that? Why would he want liquidation? Because he is dodgy.

Because nobody wants to carry around that much debt. Anyways, thought it was the same club with the history intact so what does it matter? Surely you would agree with him in this instance?

G93

Did he not say liquidation was inevitable? If so at least he was honest but some seem to prefer hearing any old promise, like Charles Green telling fans that HMRC had given him the nod that a CVA would be accepted.

Said at the time this was obvious nonsense but most fans were happy to believe it. No wonder Charles Green felt he could just go on pretending about links with the Dallas Cowboys and moves to England ASAP and taking the majority of fans for mugs.

Dave King was also the first person I heard from rangers during all this debacle to appologise to Scottish Football for creating such an unprecadented mess.

King did not say he wanted a CVA to fail and the 2nd post is right in that he had the honesty to say upfront that liquidation was inevitable. Other sources at the time were quoted as saying that HMRC had made it patently clear that they would not accept any negotiated settlement and that a CVA would be rejected.

Rangers fans didn't want to believe the truth of the inevitable and anyone promising avoidance of liquidation seemed a better option, the only acceptable option. There are plenty of brilliant and astute business people the world over creating and running businesses caught up in grey zones of taxation issues and casting judgement on character is far too easy for people who don't know the facts. Fact is that King is a more than credible businessman and he's a Rangers man. I'd back him.

Cos unlike most he put £20 m into rfc.

name one other person even close!

Dave King lost £20 million. He is still interested in putting more money in. He's either mad or really does think a lot of the club. CheltBlue

28 Apr 2013 13:50:01
King is rangers thru and thru, he doesn't need to worry or even care about us, but he does, and so does another guy we needed to stay, alistar johnston, king gave sdm many millions for the good of rangers, why are there still people who doubt his intentions? Both him and johnston warned us to watch the google eyed rat didn't they? Tommyblue

Failed CVA (clearance of all debts) best financial advantage for any business.

27 Apr 2013 13:29:39
on the footballing front
if Rangers can't win against a 10 man east stirlingshire team then the game IS a bogie

4-2 up now and a win is a win but once again the play was pretty poor.

@1 a win is a win, oh dear what a terrible attitude, east Stirling have a -47 goal difference in 3rd division and we were 2-2 at 1 point against 10 men, ally go now, you give useless a bad name, the picture board is calling.

If these 3 men continue as Rangers management next season it MUST be at a lower rate of pay. they are simply not worth the money and no amount of new players will change that. Les

27 Apr 2013 09:37:43
Ally McCoist should keep his mouth shut on season tickets, and concentrate on his job, which is to put a winning team on the park.

He uses it as a power lever, without my backing and substantial investment in my team you don't get me endorsing the new regime/CEO. This will be the third season in a row he has been seen by the fans as the litmus paper. Batting 0/2 so far.

Perhaps it is impossible for him to fully focus on his team, on the pitch. In case you have not noticed there have been some distractions over his managerial tenure.

McCoist now believes himself to be a sacred cow. Untouchable. Bigger than Owners and Directors. Truth is he's just a bad manager. The lad deserves a wake up call and coming down to earth with a reality check bump.

@2/ Silly argument to put up mate. Twice he has used that excuse, twice he has not influenced anything other than to help Green raise a lot of money for Green! Maybe he should concentrate on his team for a change?

@4

If you believe that matters on the pitch- when we have already won league by huge amount- are more important than what is going on currently, let us hope you are in a tiny minority. Job was done on the pitch, not pretty, but job done. There is real potential that the club could cease to exist over coming months. Slightly more important, but each to their own.

Even if he was 'distracted' he should have enough trust in his two lieutenants to carry out his orders. How good are they?

@AB72/ Exactly. There is nothing to be gained with Ally messing in the politics of the club. Maybe a couple of good cup runs to bring in revenue might have helped. Ally seems to like playing the hero though

26 Apr 2013 23:57:22
The time for action is now before its to late I for one don't want the club going down the tubes once and for all. The only to get rid of these persons is to starve them of season ticket money and take back the club which is rightfully ours and get it sorted. We need to stand up and be counted

Ok after refusing to buy season tickets what would be the next stage?

27 Apr 2013 12:00:44
According to a pal of mine the plan has always been for Rangers to go down the tubes again and then for Dave King to step in (and he will in time be found a fit and proper person by the Scottish footballing authorities).

Anybody else remember the rumour that Green, Whyte, King and Ellis - who all have a habit of threatening each other with lawsuits - all met in Switzerland back in October - when Green claimed he was meeting UEFA but was caught lying?

The week Green took over, King flew in to Scotland and met with him at Ibrox.

King's cover story was to check his business plan was sound. King said it wasn't and criticised Green. But that was a ruse. Green didn't need to let him near the building.

English in the Scotsman stated Greens usefulness was up, within two days his problems arose and he was gone. Strange that.

Poster above me reckons its deliberate to go down the tubes twice. That would mean the IPO was a fraud.

I'm not a TRFC supporter but what about the money the ordinary punter will have lost through buying shares in the new company? Think a lot of fans would be alienated from your club if that was the plan all along.

The fact you used 'TRFC' in comment, and went to trouble of doing so, gave it away, lol.