Rangers Finances

08 Sep 2024 16:14:36
Was just reading that someone from club 1872 copywrote the name G51, which is the name of the new sports bar, a week before plans for the bar were announced, is that dodgy or an unbelievable coincidence?

09 Sep 2024 08:37:12
It's dodgy reporting and if the holder of the copywrite owns a clothing brand called G51 then it is dodgy. He perhaps copywriter it to protect his brand when he knew Rangers bar was going to be called this; i'd do the same.
Others on the forum have also said he has no issues with Rangers using the name for their bar. He might just want to stop a range of G51 products from us which might confuse people with his range.

08 Sep 2024 14:01:53
Clearlake capital discussion ongoing, doing there due diligence and valuation.

Todd Boehly not seen as a potential investors at the moment as he may be about to leave the Blue. co alliance.

08 Sep 2024 15:28:22
I doubt this is true? Where's your info from? Boehly as far as I read isn't part of Clearlake.

08 Sep 2024 16:16:37
Asathor not saying you are incorrect here but press reporting that Clearlake looking to buy out Boehly at Chelsea. They see according to press today as seeing their ownership of Chelsea as being decades long. If they were to also buy us then UEFA rules state no two clubs or more participating in a UEFA club competition may be directly or indirectly controlled by the same entity or managed by the same person.
Unless us or Chelsea refuse a European trophy place every year then that rules out your suggestion. if we were to do that this is a major revenue stream which is removed.
Boehly could buy out Clearlake I suppose which could happen and make your claim more likely but you also say he is about to leave their alliance which suggests Clearlake will still be there and in control. so
so without being in the know which you may be I see it as being unlikely.

08 Sep 2024 17:19:53
Angus word I got is we were getting looked at as part of blue. co.

08 Sep 2024 17:40:36
Asathor. As I say not doubting what you say just that what the press are saying seems to say they see Chelsea as a long-term investment and ion they buy us European Football off the table so where is the profit for their investment. Not sure if Chelsea in ECL and us in Europa works as City also own Girona. It may be they sell to Boehly and look to invest in us as an alternative. let's see anyway as it would be interesting.

08 Sep 2024 21:24:42
Asathor did hear the opposite might be a thing Boehly was the one interested but didn't pay much heed to it. Think it was even reported somewhere. Still think noone would touch us until they new the state of finance. Whether that's after accounts or not we'll see.

07 Sep 2024 16:46:07
Surely rangers must generate tons of money from shirts sales, season tickets, merchandise etc that we should have money to spend. Is it the board members don't have the money themselves to put forward or is it as a club we ain't generating the money from shirt sales, merchandise etc. Can anyone shed any light please ad I'm not clued up on the finances part of our club.

07 Sep 2024 20:48:23
Ffp dictates how much investors can put in tbh need to generate what we spend essentially.

08 Sep 2024 09:44:50
which is why they put the money they did as loans. Bennett reportedly has put in £20 milllion. the loans are either converted into shares or paid back at agreed times. They might make some interest on the pay backs but for the mounts being put in they would get higher rates form high street banks.

However we need to stop relying on investment/ loans as the club needs to brought to a sustainable level. will be done through lower wages and player trading. hence purchasing your players to develop Uefa also reported to be bringing in FFP salary to turnover restrictions of 70%, ours sat at 76% last year.

05 Sep 2024 09:52:48
John2561. The person who gave me the explanation of why it’s so difficult to take over Rangers is an ex CEO of the club. He was talking about a ‘Buy Out’ not a Majority Stake Buy In. Sorry about the confusion .

05 Sep 2024 10:31:19
Bobby virtually no one in Scotland could then buy out our club and fund progress.

The whole point is rangers never want a single owner again.

05 Sep 2024 15:42:38
as a buy out is just a controlling interest in the club all of the really small shareholders' shares wouldn't be needed to achieve that. I think it was John who said the first 5 shareholders by percentage agreeing would achieve that 51%. They would however once they reach 30% be required to offer to purchase all other shares. the others down need to accept this. If they get to 90% I think again there can be a compulsory purchase order to force the 10% or below to sell. Not an expert but web search confirmed or seemed to what I believed.

As John says though there would be a need to get the first 5 to agree knowing that it would lead to one voice having the say on running the club.

06 Sep 2024 21:44:42
I might be wrong but surely david murray never owned 100% of shares . Folks been shareholders for years . I know in 2012 those shares were lost though.

08 Sep 2024 10:53:44
Gary Murray was the majority shareholder.

02 Sep 2024 20:39:58
I am sorry to point this out again, but myself and others stated upon the sacking of Gio that there was worrying times ahead. We were slated as scaremongers and frauds.

I can't speak for others but in terms of myself I have an extensive business portfolio and the signs were clear from the start.

As for potential investors all I can say is until the parks and King are off, then we will struggle. People are reluctant to do business with them because of their hero complex.

08 Sep 2024 08:15:48
Asathor, it's people like you with the knowledge you possess that it required at Rangers, I really thought our days of living off Soft Loans were behind us following 4 good earning years in Europe, and also the income from retail plus Sponsors. It really is worrying that we seem to be making no progress whatsoever, I appreciate your posts mate.

02 Sep 2024 18:11:51
Hope I can word this correctly and someone can answer lol. With the club having no money, is this because the club aren't bringing in enough cash from merchandise and shirt sales? etc, so the board can't throw money into transfers because it will break the ffp or is it the board and Co just don't have the money to spend on what we really need?

02 Sep 2024 15:39:22
John The people I’m meaning about real big money men don’t want 53% or even 60% they want lock stock and barrel, total control.

02 Sep 2024 18:51:00
Well Bobby, it’s not happening, u can’t make anyone sell their shares

51% is total control, u never lose a vote.

05 Sep 2024 00:28:28
Bobby what Big money men you referring too. ?????????.