Rangers Rumours Archive February 07 2013

 

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07 Feb 2013 02:05:50
But a Rangers spokesman said last night: "The sums sought are insignificant. An agreement has been reached subject to the necessary paperwork.
"Rangers Football Club is capable of meeting any debts presented legitimately. We would like to stress to supporters there is no threat to the club. "

That puts that scaremongering to bed

 


So there was a debt, they did threaten to wind up, the club considers it an insignificant amount and it will be paid in due course.

No explanation why the debt wasn't paid and a creditor felt they had to wind up the company to get paid.

Not exactly transparent, bearing in mind we need to be bridge building with creditors after last year.


I think it's an insult to anyone's intelligence to make a comment that 400 thousand pounds is an insignificant amount of money. 400k is a significant amount of money to anyone, in any walk of life, especially to a team who are claiming to be the same team who went into administration around this time last year. Why not just say it will be paid? Why the arrogance?

Another slap in the face for any of the creditors who lost out.

Seriously can't stand the lack of humility shown at times by people who represent my club.

And I can assure you if it turns out to be a front and there is problems and we end up in another bad situation, the people acting in this manner will have they're heads in theyr'e hands. That's a promise.

My gut instinct is that it's nothing to worry about. I hope I'm right.


OP; You do realise the damage this does to any credit facility? The facts are, there was a debt. it was for attracting investors to purchase the club, meaning green did not use his cash. If the debt was insignificant why was it not paid? Green seems to be looking shadier with every day.


£400,000 is an insignificant sum of money to Rangers?

And here's me and a load of other fans doing everything they can to spend money on the club's merchandise etc to make them as secure financially as they can be.

The whole episode is another farce and reflects badly on Charles Green. Basically it's giving ammunition to our enemies and that's the last thing we need at the moment.


As far as putting the scaremongering to bed,, this "orit" or whatever they are called, have this morning stated that a deal has NOT been agreed over the £400000 bill. So that will be the ex daily record and now rangers media chief blatantly telling porkies then? Or a company in Singapore (who I can't see gaining anything by) telling porkies? The truth is out there! Somewhere!


Well let's put it into prospectus. some one who owes maybe £4000 to a bank and scrapping by to make the payments might think £400,000 is an extortionate amount of money but from the clubs point of view who may have borrowed around 20 million to buy the club only sold maybe 20,000 season tickets at a reduced cost having gave away another 30,000 free to falsify the accounts as a marketing ploy to attract investors and has since lost sponsors and spl money tv money and no chance of any euro money add to that the running costs second highest wage bill in scotland match day running costs the same as it was in the spl interest in that loan growing every day and the club running at huge losses on top of the fact that all the assets and deeds are in the hands of the loan sharks making it impossible to get any credit now realistically that club could be in debt of around 50 million so. compared to that 400,000 is insignificant


Bbc stating that there is no agreement regarding the 400k. when is this misinformation from cg going to end. I feel like giving up.


400k is what is owed - what is already been paid to 'Orlit'? There was nothing about investors fees in the share prospectus? This is very fishy indeed.


In the grand scheme of things the wages the mob in 1-11 get for playing guff football, it is insignificant. however I bet its not insignificant compared with our current cash flow! if we don't have that which all clubs normally struggle with at this time of year we are in trouble and and if we are CG has to be taken to task. its almost a year to the day of administration and in my eyes green has done no better than whyte with this news now in the public domain


Is he craig rubbish in disguise? thought we had 22 million in the bank? something really dodgy about this. Just pay the debt ffs


Anyone who thinks there is £22m in the bank is deluded. The money from the share issue was all accounted for and no mention of this being one of the things it was to cover, hence why it hasn't been paid. Why is there no transparency, it feels like throwing good hard earned money after bad to me right now.


"puts the scaremongering to bed" - Not even for one second! Mr Green came out last week and declared we had no debt, now the official statement says that we DO have debt but can deal with it.

If this was your friend coming out with these statements in the pub, you would be thinking he was at it and secretly skint!

We are fed up of being told a tissue of lies about our club Mr Green - Play the game fairly and tell us the truth!


Yesterday traynor said agreement has been reached subject to the necessary paperwork. today cg says there was no contract it was a gentlemans agreement wewill not be blackmailed help.


Surely the £22 million that was raised in January can pay off the £400,000 debt, but Charles Green and the Scottish MSM have all of a sudden went quiet over that whole thing, the mind ponders. {The Ed039's Note - There has just been a huge statement released about the whole thing, and as I said earlier, the amount is being disputed)


07 Feb 2013 19:56:02
Last night Traynor said in a statement that " it wasn't worth comment. " Now he puts out a statement commenting on it! Why are we paying this clown? Yet another bad signing sucking life from the club! Get some decent pr people in for gods sake Charles that will keep Traynor & yourself quiet for a while. Concentrate on business instead of fighting stupid battles that help no one! Start by getting a manager that can spot a player & motivate! {The Ed039's Note - It wasnt worth comment if the front pages hadnt run with a doomsday scenario, another Ibrox scandal, somebody has to defend the clubs position, because folk havent in the past and look what happened)


Could it be a genuine mistake and the invoice isn't right and Rangers don't owe that much and are disputing it, but what about the rumours that the investors are in fighting all this is going to cause is instability and scare away investors.


If it is a mistake then tell us. if not then pay the bill.


As usual in any reply to anything on yhis page, out come the charles green and rangers haters, can you not for one minute think that just maybe its the journalist and the tv who have got it wrong, or as usual on this supposed rangers page is it just easy to kick rangers


I just read traynors latest piece. I can assure him that criticism will not harm us. It was the absence of criticism from himself and others re. dm and cw that got us into the mess we now find ourselves. Criticism is good for us. Not only can I handle it but I welcome it. What I can't handle is not being told the facts. Myself and several of my friends are starting to worry. As a lfelong rangers fan I plead to the rangers heirarchy. Please no matter if ahe news is good or bad always be straight with us. Thank you.


I think this whole thing has been, as usual, totally blown out of proportion. Rangers have queried "made up" invoices from this firm, and by all accounts the matter has been settled, albeit at a much lesser amount than reported. Rangers are big news, we should take it as a compliment, but again as usual, Media only reporting on the negatives! I hope my fellow bears take Jim Traynors advice and stop buying these disgusting newspapers who continue to report inaccuracies to sell newspapers


07 Feb 2013 22:40:43
Charles Green haters? The journalists got it wrong? It's everyone else to blame. Well it's OUR fault for not questioning all these chancers who are taking us for a ride. This is the same situation we were warned about when people like you were cheering Whyte into Ibrox! Wake up! Green is the EXACT same type as Whyte & we are up a certain creek with no canoe never mind a paddle!! Traynor is more of a joke than anyone EVER associated with the club for his latest effort tonight as well.


I hope my fellow bears take Jim Traynors advice and stop buying these disgusting newspapers who continue to report inaccuracies to sell newspapers. belter. was james trainer not one of those reporters writing inaccuracies for these disgusting news papers before green employed him for his expertness in writing rubbish to fill his fans heads with nonsense ask you self one question why did green employ him in the first place


All we want is the club to run properly and be consulted ffs we must learn from past mistakes and the wage bill at ibrox is a joke men upstairs sort it out and inform the fans honestly


Brilliant, Jim Traynor slagging off the tabloid press he was such a big part of only a few weeks ago. He was as bad as any tabloid man, but now is a sage.
If the tabloid press is so bad why did he leave a broadsheet to take up his post at a tabloid and why did he not try to change things when he was the sports editor at a tabloid?
Al


Okay. We all know that any small item will always be blown out of proportion by the media - Sex and Sensation sells honest reporting can be boring. That said, this latest item indicates that, while some of the debt is disputed, there may be some debt which is legitimate. If Green is of that mind, why not pay the legitimate side then challenge the others? It would at least allow them to state their case. The use of the word "insignificant" is probably being used as a general term in the big picture of things. However, onece again, the club comes across as not being open and honest with the supporters (which they said they would be). The fans have kept their word by turning up, Green needs to keep his word now.


Problem is, we don't know if this is a small item. We don't know how the club stands financially.
I do know, however, that I don't trust Green. something I've been posting on here for months.


Ref the above post on charles green haters, did you not cheer when craig whyte took over or are you one of the told you so mob, I at least can say I was duped by the wee rat, but charles green has done no wrong yet and until he does he has my backing, at least he sticks up for the club


To everyone who says just pay the debt

YOU ALL OWE £25

Probably an insignificant amount to the most of you, but just pay it. Don't question it, PAY IT, this will prove your not in debt

Does nobody here ever look at a receipt and spot a mistake or question an item?

Then refuse to pay the wrong price and ask for it to be adjusted?

Same thing here, except we don't have all the press follow us around and report on our every decision {The Ed039's Note - You can pay it to the Ed039 Lager Fund as well)


Some top class posts above. Well done Rangers fans. Of course I don't agree with them all but that is good. I AM NOT YET CONVINCED THAT GREEN AND TRAYNOR ARE GOOD FOR US. Perhaps its a fear of twice bitten thrice shy. I sometimes believe they think our heads zip up the back. Ifind it irritating when they assume synthetic indignation whenever anyone asks relevent questions. Some of the previous posters claim that at least they stand up for rangers. That may be true but so did murray so did white. I believe we have more chance of success if we thoroughly question these individuals. Surely it is better to find out sooner rather than before it is too late if their agenda is altruistic. If their agenda is to benefit rangers. Let us hope it is otherwise we could be in serious trouble.


If it is an insignificant amount, why not just pay it?. Paper this morning Rangers say we will go to court and fight, if this company try to wind up Rangers, beg's the question how much is really owed.
Tam


08 Feb 2013 17:34:22
No I didn't cheer Whyte in unlike yourself because I checked his business background & knew he was a chancer. It wasn't hard to find out just as it isn't hard to find out Green is the EXACT same! Bet you didn't think Murray was diddling us either? Well I did & he was! Now learn a lesson & challenge everything these people say because they ain't fans.


Debt for invoices is over 6 months old, rangers now published that invoice is false - this is defamatory and if untrue singapore company can sue IN singapore - as on website and published in all world jurisdictions.

Oldco would never do this - newco does just months after floating as new company with (up to ) £22 million in bank. . how big is this singapore company (which green has links to) - and HOW MUCH DAMAGES if the invoice IS REAL?

£1 million in damages is easy if you PUBLISH a false claim on your official website.

invoice BETTER be false! or else!

easy way for green to collapse GERS in one single libel case.


The issue is not the invoice, the issue is the contract or order, CG says it was a verbal agreement involving 400k?

So neither side has documented proof of an agreement, and yet one is issuing a winding up order for services rendered.

CG is either conning yet another Rangers creditor, conning the Rangers fans or being conned out of 400k, in any event he doesn't come up smelling of roses.


Why should we come out and declare what money we have? doesn't this let teams know in future we have a certain amount to spend and would allow them to chance it regarding transfer fees for players? let's keep it in house.

As for this orlit story, it seems to be a case of a company pushing their luck for more cash than they were due because of a better response/outcome than expected. Its like a club who wants a bigger sell on fee after seeing the player go for treble they expected them to. Doesnt/cant happen. Too many tic fans posing as bears here, don't listen to their claims!

RTID


Has the bill been settled? is there a payment plan? the accusations from orlit are now very quiet?

john


Gentleman's agreement? For that kind of cash?

Am amazed after what's happened at our club how gullible some still are.

I called him Craig Whyte Mk2 months ago and nothing's persuaded me otherwise.


You don't issue a winding up order if you are bluffing, and no I am not a Celtic fan.


2 invoices paid so far, hardly gentlemans agreement then.

maybe 'verbal' then green better have taped of the conversation, verbal contracts legal in some jurisdictions, if no tape ( remeber whyte taped d&p). how does green disprove invoices. .

green is unable to settle bills with his pals, what his payments like to non friends. we won't find out till accounts sign off and green could be long gone by then.


This is all spin and fud - real story is gers now banished from champions league for addition year thansk to green.

need 3 years signed accounts or can't play in top scot div or europe.

that was june 2012 + 3 years as green bought rfc.

now its dec 2012 + 3 years as rifc own rfc, so at least 4 years out of cl thanks to green mismanagement

and no word of this in scottish press?


Champions league in 3 or 4 years?

I wouldn't lose any sleep over it, Rangers have a long way to climb back to that standard.

Is it not 3 years in June 2015 or am I missing something?


3 years of accounts are needed. None has been produced yet. Plus there is the need to qualify on the pitch.


Same for europe games, so winning cup would get into europe, unless no 3 year audited accounts.

rangers have spl players and could win cup, as celtic can't get to every final

but green has closed that route in short term.


How can you produce 3 years of accounts when the company has been trading for less than a year.

Rangers is trading under a new company, new company=new accounts.


OP: no scaremongering has been cleared up, the statement came from Jabba & Chuckles, neither of whom can be trusted.

He said "an agreement has been reached" which now turns out to be not the case at all. Hmmm, what next. ?

The two recent club statements were frankly embarrassing for anyone to put out. this is only getting worse for you.

Iain


 

 

 
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