Rangers Banter Archive March 07 2014

07 Mar 2014 21:45:39
Spivs want to use our season book money to repay this 1.5m loan? Sounds a lot like wot happened with ticketus. spwnding monet we don't have.

{Ed039's Note - Its exactly what happened with Ticketus only on a much smaller scale, they would probably have done something like Ticketus loan but nobody would touch us with a barge pole and quite rightly so)

Forgive an old thick man but am I missing something or is this really without any subtlety whatsoever?. "If we don't get your season ticket money then the bricks and mortar are at risk being as Laxey Asset Strippers hold security over them"?
But as you say OP if we have already spent or potentially needing to spend £1. 5M plus some interest of next season's income before the start of next season and we will not have circa £17m from a share offer how the feck will we survive next season?
I repeat again that monthly black hole that Bill Miller told us about in the finances is still there. Yes there won't be the one off payments et all but the problem is still there.
Our cousins from the East got the Bunnet we got David Murray they got a 60,000 stadium and no debt we got 10. 000 fewer seats and lots of debt. They are in Europe again and we are in the caoch again.
The Bunnet or- Murray, Shyte, Green and the Easdales? who got the best deal?

Anyone who buys their ST now are daft

07 Mar 2014 20:01:06
The agreement entered between Sandy Easdale, Laxey Partners, Rangers International Football Club plc and The Rangers Football Club Limited appears to show that both facilities shall be repaid either from "the sale of season ticket monies for the 2014/15 season" or "a placing or rights issue or other form of debt or equity fundraising of the company or any member of the Rangers Group, whichever is first to occur

I thought they were to cancel the loan because OUR club had been offered a loan from one of OUR OWN on better terms

@ 1 twmnn that is what should happen but I think the Laxey deal suits them better and might be part of their tactics to secure our season ticket money and counteract the threat from D King.
We will pay up to stop Laxey having control of our main assets- the stadium and car park. Happy to be corrected here and found guilty of over thinking this but it could be time for a legal - class action to protect our club.

Nbear2 surely if there was a legal way to save our club from these con artists we should have made a move by now these people are pure con men

The loan is just another way to get even more money out our club. Obviously now everyone can see that there is nothing left in the bank so we are living on borrowed money until the cup money comes in. This will cover next months wages etc then its the money from winning league and sponsorships that keeps us afloat. Then its us the support who will keep us afloat with our season ticket money. This unfortunately will not last long due to the debts to Laxley etc. the worrying thing must be that we don't pay the loan due to needing the money to keep going, hence Laxley keeps the goods. ( worth millions) they win. we lose. again. Its easy really for them they are asset strippers so take everything sell it on for millions massive profit gained, our club end up no ground no training facilities no car park etc. a team in name only. Stripped of everything,, then they WALK AWAY.

James - I don't want to state the obvious here but the credit facility if used, will be used to pay wages, bills etc to keep the club afloat until we have more revenue coming in

part of the revenue will of course be ST money, some will be sponsor deals, some will be advertising and I fully expet that there will be a share rights issue to existing shareholders that's how a business works

JG

Ally - maybe Glasgow council could sell as a big piece of ground for a quid and we could build a new car park!

JG

@ Ed and @ 1 I am going to correct myself - there is no grounds for a class action. There might be some small legal recourse to get the SFA and UEFA involved given all the brown stuff we have recently endured but our only hope is creating a Membership scheme/ a Football Mutual similar to the much maligned Rangers Supporters Trust.
On here ED there are too many people too ready to criticize this scheme but at the same time totally incapable of producing alternatives. Criticizing is easy- actually doing something is far more difficult. Those who are not criticizing this are still awaiting the Blue and White or Blue White and Red Knights charging in to deliver the club's salvation. Newsflash it ain't going to happen people.
Thee only way forward for our club is the way the much maligned RST has pointed us towards " A TOTAL FOOTBALL MUTUAL"

We the shareholders/owners own the club for the benefit of the club not for any pecuniary reward.

I note one poster claiming we have 1.5 million supporters in Scotland and 5.5 million world wide. Reality check people we at best have 1. 00 million supporters world wide but only 200,000 who care enough to go to a match in the UK. If they cannot go to a European final in the UK then this extra 1.3 million in Scotland is fantasy football stuff.
Murray/ LLoyds/ Shyte and the current incumbents have taken us to the brink of oblivion for the second time in two years.

The ONLY way forward is the "Hearts Model" or that already set out and available to us through the RST.

I will finish this tediously long post by quoting the conclusion of a far greater brain

" Certainly the mutual model should be in the thinking of any group of supporters looking at the rescue of a club in financial difficulties" (know any club in this position?)

" There will be changes in football over the next few years. The changes will be at best damaging and at worst catastrophic IF THEY DO NOT REFLECT THE CONCERNS OF THE SUPPORTERS WHO MAKE THE GAME WHAT IT IS.
"The mutual model makes it possible for this to happen in a structured way, giving the supporters a stake- not as investors but as custodians together in the future of their club"

Nbear were do do you get this 1 million worldwide from? Who actually counted every rangers supporter in Manchester?

@ 8 John I was trying to be a bit more real than our fellow poster KFraser who said 5.5m worldwide. My figure came from the television audiences announced from the BBC when apparently 715,000 sets were tuned into Rangers 6 versus Dunfermline 1 whilst our cousins from the East had 425,000 sets tuned into their away game at Kilmarnock which they won 4. 1 but we won the league. Most ESTIMATES reckoned there were 200,000 bears in Manchester but hey who really knows? I don't suppose it really matters but there is sufficient of us to fill a 75,000 stadium if the team was playing well which could produce the type of income we need to survive if we cannot sell players for decent fees.

Do you really think we couldn't fill 75,000? Over the course of the day at Manchester there was more than 200,000 defo, but am not not whipping Seville calls out here. Anyway good luck to ally and the boys today, c'mon the gers!

{Ed039's Note - I dont think we would fill 75,000 on a consistent basis, cant fill the one we have at the moment on a consistent basis)

Nbear - the hearts model looks good until you realise it's only possible because of one female fan, Ann Budge, who has put up 2.5 million of her own money, and well done to her!

How many wealthy rangers fans could have done that for us but chose not to?

JG

On a consistent basis is another matter ed, no we wouldn't esp were we are at and the feelings towards ally just now.

J. G I hope you are not expecting me to defend the like of the "billionaire" McColl because I ain't going to. His behaviour and those of the other rich "bears" bemuses me and their love of money is far greater than any feelings they allege they have for the club. But then again McColl was defending Scottish Independence. Yes indeed well done Ann Budge a real Hearts fan and I suspect a far better human being than McColl et al- and I will not be retracting that last statement.

Jg mr l offered the million loan and in regards the lady that is LENDING hearts 2 and a half mill for 4 yrs ime sure rangers would have a wealthy supporter that would do the same for rangers if we were in the same predicament as hearts

{Ed039's Note - we more or less are and have been)

07 Mar 2014 14:36:58
If TRFC do go into Admin, what will the SPFL/SFA actually do?

As TRFC are NOT full members of the SFA as they don't have 3 years accounts and have previously been in Admin within the last 2 years, could they actually throw them out of the League structure?

@op did we not get full membership at the start of the season with the new spfl

I don't think so, as far as I know the 3 years audited accounts still applies - I think it's actually a UEFA requirement.

We have 5.5 million Rangers fans worldwide, 1.5 million in Scotland.

To go into a second administration would be scandalous. Those fans at Ibrox and away from home matches get my biggest vote of thanks. They're the real heroes of the club.

Rangers became full members of the SFA during the div 3 season having been 'conditional' members for a short time. They were associate members of the SFL but became full members of the SPFL at the same time as the other 29 SFL teams

Only full members of the SFA are permitted to play in the Scottish Cup.
Likes of Girvan Juniors and some other Junior clubs are full members hence the reason they play in that cup.

Correction to my last post which was the case. Nowadays the winners of the Junior Cup and certain leagues are eligible to play in the Scottish Cup. Apologies for any confusion.

5.5m fans world wide @ 3?. don't drink and post. it shows you up for the deluded person you are. I repeat, RFC have had to organise an emergency loan, at DAFT interest, that is LESS than 6 weeks wages for Wayne Rooney. WAKE UP!,, without DK or the like, RFC are finished. Please get behind him.

@3. 5.5 million fans world wide and 1. 5 n in Scotland. well the e-petition regarding HMRC leaks required 100,000 signatures and after a year it could not muster 75% of this figure. Apathetic is the word to describe these heroes you speak of. and you expect fans to put hands in pockets and buy the club yet they can't be bothered to send an e-mail. APATHETIC

07 Mar 2014 13:08:53
Nothing will ever change at Ibrox until there is a complete change of ownership, everybody must go from Chairman to CEO to Manager, I can't believe the naivety of some posters, the whole set up is rotten to the core, these people are draining the club of every spare penny that they can get, wallace is in it up to his neck, TRUST NO ONE, McCoist may have his dream job but he is a patsy who will be discarded as soon as he is no longer required, he sure isn't employed for his managerial skills.
The sooner Dave King gets control and starves the shareholders out of Ibrox the better.
One final rant, I am sick fed up hearing how bad SDM was, that man brought us success that we can only dream about these days, players the like we will never see again, I never ever heard one person slag him off when we were at the top of the Scottish game.

07 Mar 2014 15:40:41
#OP, you do know the only money Murray put in to Rangers was borrowed? And have you conveniently forgotten that he sold our club for the same sum of money that it costs to buy an item in Poundland and not only that sold it to Craig Whyte despite the warnings of many.

Yes I admired the man back in the day but would happily have given up 9IAR if I knew the absolute mess that the man left Rangers in and if the Big Tax case appeal does go against Rangers I hope the man is stripped of his knighthood.

Yes he might've brought us good players but it was with money we never had, nobody slaughtered him because we trusted him to be running rangers properly which he clearly wasn't.

Well said naz the man is a worm, his day will come, also I believe he is still involved somewhere, like maybe the owner of Ibrox or Auchinhowie or both. it will all come out in the end.

OP I agree with some of your post but 100% disagree with your final rant. Let's put it down to absence makes the heart grow fonder but some of us are under no illusions that the man whose gambling and poor governance including borrowing and EBTs who allowed all subsequent events and who really put us in this deep shyte is David Murray. David Edgar of the RST told us about this man's harmful leadership of our Club several years before he was "duped" by Shyte even though his fellow directors told him not to sell to Shyte.

@ ED you have plenty of polls on the go just now all of which make interesting reading but perhaps a future poll might be who has the biggest responsibility for this current mess? And one of the options should be us fans and our blind belief in shysters who talk the talk?

{Ed039's Note - Thats actually not a bad idea for a poll Nbear, I will get onto that in a wee while)

Honestly murray maybe made some bad calls when the club was sold it was makink moneyeand trading sucessfully the bank of scotland forced the sale by saying it woul stop supporting the club financially if it was not sold to whyte murrays problem was not rangers but a falling property values b downturn in steel tcrash in his property portfolio which was backing up loans etc made b o s jittery and they did not want the backlash if tax case went against the club if the club had been allowd to trade on and even if the tax had went against club agreement would have been reached on payment schedule because the club before whyte were totally paid up for v a t and n I c contributions onlyn when whyte took over did they default in payments everyone forgets the sucess under murray and the fact he'd paid the biggest % of the debt back through various ways right now if u asked who u would rather be in control david murray or the bandits I know who I would want if he had been left to trade away he would have managed to keep club trading

Op totally agree with the part about dave king

07 Mar 2014 10:29:33
Just read there that mccoist is to speak to Wallace regarding new players. Also big d. j spouting his usual standard that we must strengthen with players that have played at championship level or premiership level. What planet are these two Muppets living on. Our team has more than enough experience to walk through that large. Can understand mccoists reasons tho. He knows he must buy the championship like he's Don the previous two leagues due to the lack of managerial ****ing knowledge.

I am quite certain we have the players to do the job we would be better getting rid of thedeadwood in the summer if we we need anyone mid season get some one in january window but the biggest problem is ally and tactics or the lack of again I say he and the bus shellter must go