Rangers Rumours Archive November 06 2010
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06 Nov 2010 17:33:39
ALEXANDER SIGNS NEW DEAL
I THINK COMMONS TO COME IN JANUARY I READ ABOUT HIM PRACTICALLY EVERY DAY ON THIS SITE
i reckon miller to follow Alexander with a new contract
06 Nov 2010 17:33:34
Billyboy you are correct that Rangers Football Club are not owned by Lloyds Banking Group and as such will not show as an asset on the Lloyds Balance Sheet. However Lloyds have lent RFC money and this debt, on which Lloyds earn interest, is an asset in the Banks balance sheet. Put simply lending is an asset and deposits are a liability on a Banks Balance Sheet.
06 Nov 2010 10:27:58
I work in the business of debt collection.
I'll make it simple, you owe me a fiver for ten vallium. You don't have the money but your dad owes you a fiver for sucking him off. If this went to any court in the land, I cannot claim the money off your dad. Got it.
Someone will prob buy Llyods and all their debt for the money owed to the government then Rangers would owe the new owners the money. Llyods cannot and I repeat cannot class Rangers Football Club as an asset. Billyboy
Who says anything bout lloyds being sold? woohoo you phone people and ask can they pay their debt! doesn't make u an accountant! if lloyds were to do a trial balance to balance the companys books rangers would be listed under debtor as lloyds are due money from them. Which makes Rangers an asset for them! You have no clue man. and if rangers were to get sold the new owners would be taking on this debt unless its sorted b4 that. If lloyds were to get sold Rangers would still be due the money to Lloyds. Its lloyds were due money to not the owner you idiot! !
Ofcourse you can't pass debt you plonker nobody is debating that! !
HOWEVER BUYS LLYODS BUYS THEIR DEBT YOU FOOL. DEBT CANNOT BE CLASSED AS AN ASSET. IT IS A NON FIXED TANGIBLE AND RFC ARE NOT OWNED BY LLYODS(DEBTORS). I DON'T COLLECT DEBT, I BUY IT. BILLYBOY
06 Nov 2010 10:20:10
Llyods do not own Rangers, therefore Ranger Football Club is not an asset.
06 Nov 2010 10:17:05
DEBT IS NOT AN ASSET! ! ! ! AAAARRRGGGHH!