Rangers floating on AIM

[Gambol]

Heard on the news this morning that Rangers are to be floated on the Alternative Investments Market (AIM).

Apparently AIM is seen as the market for small and/or risky investments.

They expect to raise £20 million from shares sold to financial institutions with a "limited" number of shares offered to fans.

 

[Girvan Loyal 1690]

**** knows

 

[Otto Flayshow]

Go long on pork bellies.

 

[Gambol]

Maybe a smart move floating on the smaller market while we're on the bottom rung of the football ladder, I would think that may well be an attractive prospect to investors who would expect a good return as we progress back to the top flight.

But then, I ain't no financial whizz kid.

 

[eric cartman]

Buy low sell high, thats all you need to know.

 

[RebelBhoy]

Go long on pork bellies.

pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.

 

[Ciaran]

That Charlie Green has some swingers

 

[Girvan Loyal 1690]

why?

 

[The Raging Oxter]

why?

Because there's not enough money coming into the club to keep you afloat as a going concern so he needs the fan's money to line his and the other investor's pockets.

 

[Mind The Duck]

So NOW the club and the company are the same thing...

 

[anportmorbhoy]

why?

Because he is asking you to pay money for something you have no accounts for. He's asking you to pay a premium for a share that you have no idea what they are ( or will be) worth.

He's basically asking the fans to pay for the running of the club up front. He's basically saying money coming in already is not enough to pay the bills also, because if there is enough to pay the bills whys he diluting his shareholding?

 

[Gambol]

Because he is asking you to pay money for something you have no accounts for. He's asking you to pay a premium for a share that you have no idea what they are ( or will be) worth.

He's basically asking the fans to pay for the running of the club up front. He's basically saying money coming in already is not enough to pay the bills also, because if there is enough to pay the bills whys he diluting his shareholding?

From what the financial guy on Radio Scotland was saying is that to float on AIM the club accounts have to be shown to potential investors as well as whatever body runs AIM.

Dunno what happens with the "limited share offer" to fans though.

 

[anportmorbhoy]

Because he is asking you to pay money for something you have no accounts for. He's asking you to pay a premium for a share that you have no idea what they are ( or will be) worth.

He's basically asking the fans to pay for the running of the club up front. He's basically saying money coming in already is not enough to pay the bills also, because if there is enough to pay the bills whys he diluting his shareholding?

From what the financial guy on Radio Scotland was saying is that to float on AIM the club accounts have to be shown to potential investors as well as whatever body runs AIM.

Dunno what happens with the "limited share offer" to fans though.

The accounting rules on the AIM are limited. I'm one for details. I note. Charles green states rangers play at ibrox and have the benefit of Murray park. It doesn't confirm if they own them, which you'd want to know before you invest

 

[Gambol]

The accounting rules on the AIM are limited. I'm one for details. I note. Charles green states rangers play at ibrox and have the benefit of Murray park. It doesn't confirm if they own them, which you'd want to know before you invest

Yep, AIM is less strict than floating on the "proper" stock market but investors see the accounts. Rumours been going around that he does not own Ibrox or Murray park. Which begs the question what D&P were selling and what he bought from them.

 

[ManDingo 20"/20"]

Yep, AIM is less strict than floating on the "proper" stock market but investors see the accounts. Rumours been going around that he does not own Ibrox or Murray park. Which begs the question what D&P were selling and what he bought from them.

Smack is my guess

 

[Gambol]

Smack is my guess

You could be right, the players look like they're on it half the time

 

[anportmorbhoy]

The accounting rules on the AIM are limited. I'm one for details. I note. Charles green states rangers play at ibrox and have the benefit of Murray park. It doesn't confirm if they own them, which you'd want to know before you invest

Yep, AIM is less strict than floating on the "proper" stock market but investors see the accounts. Rumours been going around that he does not own Ibrox or Murray park. Which begs the question what D&P were selling and what he bought from them.

They will but how detailed those accounts are at this point will be limited. Serious investors may be put off, but those who already have an emotional investment in rangers may not. If enough fans jump in they'll get what they want. Charles and pals get the money they invested back. And money to run the club, for not

 

[RebelBhoy]

Yep, AIM is less strict than floating on the "proper" stock market but investors see the accounts. Rumours been going around that he does not own Ibrox or Murray park. Which begs the question what D&P were selling and what he bought from them.

D&P were quite explicit about the sale of Ibrox and MP from Rangers to Sevco were they not?

 

[Gambol]

D&P were quite explicit about the sale of Ibrox and MP from Rangers to Sevco were they not?

Yet the rumours persist. Not helped by Bomber Brown saying as much a couple of weeks ago on Radio Scotland.

 

[Medro]

Yet the rumours persist. Not helped by Bomber Brown saying as much a couple of weeks ago on Radio Scotland.

You for real? He said all that ****e about Whyte owning the club and that he had proof. When quizzed about it he shriveled back into his shell.