Rangers Fighting Fund - Pitiful

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Go G YellowScreen

Well-Known Member
Dec 16, 2011
6,610
60
48
400k raised.

What kind of **** is that? 400k?

What is there? 500,000 fans around the world (250,000 went to Manchester remember).

That works out at an average of 80p each.

Big well done by ra way <applause>
 

In March 1994, expatriate businessman and Celtic supporter Fergus McCann took control of a financially-strained club, in the process ousting a board of directors which included members with long family connections with Celtic. Shortly afterwards, Lou Macari was replaced as team manager by another ex-Celt Tommy Burns. Later that same year, in accordance with Fergus McCann's Five-Year Plan, the club was reconstituted as a plc, a development quickly followed by the most successful share-issue in the history of British football with 10,000 taking up the offer of investing a minimum of £620, thus contributing £14 million towards the re-financing of the club.

http://www.thecelticwiki.com/page/Fergus+McCann
 
**** off

McCann sold shares to fans not scarves.

If rangers sold all their shares to fans for say a grand each, every share would be bought within a day

PS he sold 10,000 shares. but apparently the shares were £620 each

10,000 x 620 = 14,000,000?

<sevillecalculator>


10,000 taking up the offer of investing a minimum of £620.

<thickhuncalculator>



"If rangers sold all their shares to fans for say a grand each, every share would be bought within a day"

<laugh><laugh><laugh>
 
If rangers sold all their shares to fans for say a grand each, every share would be bought within a day

Really, so what happened when Murray tried to sell shares? Didnt he end up underwriting millions?
 
If rangers sold all their shares to fans for say a grand each, every share would be bought within a day

Really, so what happened when Murray tried to sell shares? Didnt he end up underwriting millions?

That was only available to existing shareholders, of which Murray owned over 80% of them.

I wouldn't contribute anything to the fighting fund and wouldn't buy any shares if they were offered. I have better things to spend my money on than throwing it into a seemingly bottomless hole.
 
That was only available to existing shareholders, of which Murray owned over 80% of them.

I wouldn't contribute anything to the fighting fund and wouldn't buy any shares if they were offered. I have better things to spend my money on than throwing it into a seemingly bottomless hole.

That's what I thought when the fund was started ...

Why the **** would anyone contribute to a business without any return!
 
Magic Laudrup 11:2616625 said:
If rangers sold all their shares to fans for say a grand each, every share would be bought within a day

Really, so what happened when Murray tried to sell shares? Didnt he end up underwriting millions?

That was only available to existing shareholders, of which Murray owned over 80% of them.

I wouldn't contribute anything to the fighting fund and wouldn't buy any shares if they were offered. I have better things to spend my money on than throwing it into a seemingly bottomless hole.

<applause>

That's the thing, it is a134 million metres deep hole...there is no point to a fighting fund for rangers except as a brownie point in the Walter Smith knighthood campaign

Liquidate, serve your punishment in lower divisions as newco and save your money for when it can make a difference
 
That was only available to existing shareholders, of which Murray owned over 80% of them.

I wouldn't contribute anything to the fighting fund and wouldn't buy any shares if they were offered. I have better things to spend my money on than throwing it into a seemingly bottomless hole.

I actually agree with you. Why put in money when there is so much uncertainty surrounding the club? Surely, it would be better to keep your money and wait to see who the new owner is? If it's the BK's then the Rangers fans have a chance to invest then.