Rangers Finances 2

 

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26 Nov 2017 09:21:16
A probity meeting was held by an external advisor with key stakeholders of the club on Thursday afternoon. This summit was to kick off the evaluation of key investment that The Rangers Football Club Ltd had sought expressions of interest from within the market.

Due to the responses received two stakeholders have been dismissed from the evaluation panel due to a conflict of interest (s) from with prospective investors. How much potential investment or how many parties have come forward is yet to be determined with the market sounding only closing at 6pm GMT on Friday evening.

Interestingly two parties have engaged external consultants to keep them in the loop regarding developments through representatives One of which is Hon Hai Precsion Industry Co Ltd and the other Mash Holdings (who have held talks with a stakeholder through former Director Derek Llambias) . Both parties will only be interested in investing if David King is willingly to step aside something that he is not willing to do currently.

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23 Nov 2017 21:46:01
What happened d at agm the day guys, been out the loop for days.

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24 Nov 2017 08:00:33
It's on the 30th is it not?

20 Nov 2017 18:57:07
Won't be at all surprised if MA sells Newcastle United now that a formal offer has apparently been tabled and attempts to invest in us again.

Not saying it's what I want but I can see it coming.

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21 Nov 2017 13:49:41
Why would he want to invest in Rangers? He's all about profit and we make losses just about every year.

22 Nov 2017 13:57:01
I don’t think he will but I always had it in the back of my head that he thought He could get us into Europe and there for his sports direct brand would be seen over Europe cheaper easier option than trying to do it with Newcastle with sports direct being seen over Europe he would then make more money from European sales

then when we are doing well sell us at a good Prince and make even more money to me a man with his wealth could have afforded too take that risk but we as fans wouldn’t allow this to happen as he went about it all wrong.

18 Nov 2017 20:11:55
Hearing a story that Whyte has won the litigation case over Ibrox, it will hit the papers next week.

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15 Nov 2017 20:07:46
Boardroom squabbling going on over money and the appointment of new manager. Still looking like Murty if a positive result on Saturday.

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15 Nov 2017 20:28:37
I wouldn't mind having Murty in for a stint. He is clearly good with the players, seems to know the game, Scottish football and media and more importantly how to change it up.

Why spend when the man with potential is already in the hot seat.

17 Nov 2017 09:33:25
Murty is a good man and a useful stopgap but he's not the man to challenge rodgers. We need a seasoned manager with hopefully a bit of a war chest.

11 Nov 2017 13:35:52
Resolutions for the agm of RIFC seem to screw everyone associated with rangers who own shares. Why not force king to pay the 20p figure set by the takeover panel rather than see the value of each share fall from 0.000001% of the equity of the company to 0.0000005%. common sense to most of us will rangers share holds show any sense or will they follow like sheep

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19 Nov 2017 18:07:33
Fans buy shares out of sentiment, they don't care what the price is

11 Nov 2017 09:20:54
Revolution 11 needs to be passed with 75 %of the vote, its needs to be done but as in life it's the small shareholders who paid 70p a share who will lose out.

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11 Nov 2017 12:09:42
Sorry to be a bit of a realist but are you not just burying your head in the sand? by ignoring the fact that Resolution 11 doesn't mean anything when we are not listed on stock market we don't have a nomad and still waiting for outcome of court of session 're take over panel which may lead us to getting the cold shoulder ( nobody in finance will touch us 're shares ) or am I being too negative and all will be fine? And of course super confident that shareholders are so in love with our club that they will vote to lose considerable money for the umpteenth time just to bail out king and those that are owed their loan money.? Remember any money raised has to firstly pay off these loans before the club gets a penny . I wish I was as confident as you but as I said I am too much of a realist and will wait with baited breath until the serious issues are resolved before commenting on how many millions we will have to put us back on our feet

11 Nov 2017 13:36:35
I think there will be a lot of people jumping to take the 20p if king is forced to comply with the take over panel decision. Rocky road ahead for king and co.

16 Nov 2017 19:42:48
10inaR - or maybe it's part of a bigger plan lol!
Lighten up :-)

08 Nov 2017 19:08:48
Anyone heard the rumours of the American business man looking to invest.

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08 Nov 2017 21:01:51
I’ve heard Alister Johnson is involved with 2 Americans seemingly willing to invest. How true I don’t know. probably Lillian Gish but you never know!

09 Nov 2017 08:43:07
Bill Miller, five years ago. Arguably the last totally transparent person regards Rangers accounts, he told you frankly there was a £30 million hole in the club, which has proven to be accurate given the perpetual losses, your reply was a banner saying "Yank Go Home! " which was all the more cringeworthy as two "Yanks" were playing for you that day and you had a third in the squad. At that was for being open and telling you the truth! Seems you prefer liars.

09 Nov 2017 11:02:43
gazo you seem to know more about our club than your own pacific shelf

10 Nov 2017 06:19:28
Yeah I can read kini, it's an amazing thing when you apply it in a non bias way, it shows up charlatans and fraudsters regardless of what colour tie they wear, some of you should try it some time.

11 Nov 2017 08:49:44
Didn't wee fergus pocket over £40m and walk away?

11 Nov 2017 12:18:53
Didn't wee Fergus say that's what he was gong to do and did so! Can't fault the guy for doing exactly what he said he would and leaving them financially solvent and with a business acumen that we can only dream about.

14 Nov 2017 13:24:55
we need sugar daddy to shut up some of our fans ut i think we will be ok once on the market and will get investors coming then as they won't do it till we are

07 Nov 2017 21:41:37
crystal palace reportedly due £2mill compensation if big sam takes job before july 2018 - sky sports.

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08 Nov 2017 08:51:37
Good! That's him ruled out

05 Nov 2017 09:51:17
Accounts out
£6.7m losses
We paid £3m to get out the sports direct deal
We need another £4m to get to the end of the season
Loan repayments put back till June next year when £12.9m needs to be repaid and another £3m in December.
Cash in the bank in June £2.8m-wow

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05 Nov 2017 10:57:25
In other words rangers are in dire straits and this is last seasons accounts, How much to pay off pedro and no europa league this season!

06 Nov 2017 18:58:51
Altogether now- There may be trouble ahead.

15 Nov 2017 14:47:29
well anyone at the top knows where we are finacially but also know with new sponsors and sales of the new kit when its released we will make enough to almost break even in one season but this will affect us on the pitch and in turn effect our income from europe.
i think we will be ok and the board will not allow us to go back into administration

 


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