Sevco vultures

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RebelBhoy said:
£300k due in January.

I don't know whether the situation changes given that Sevco agreed to pay all football debts in order to get Rangers' licence. I suspect not.

I think your point is a valid one but for the purposes of this thread it means of course that Sevco are ****s.

The fact that the offer has been rejected makes it all a moot point anyway.
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Naw, I don't think they are ****s for doing what businesses do.

The rejection of the offer is interesting though. The 500k would have taken care of Hearts immediate problem. I can only assume that Romanov is confident he can handle the situation without that money and/or he wants to keep the focus on their fan share offering and fears that the fans may not dig as deep in their own pockets if the immediate threat had passed.

I wonder what the Hearts fans make of it.
 
HarryHood over on the Celtic board reckons an individual has stepped up with the cash. If that is £400-£450k then that tackles the immediate problem. If that is indeed true. Whatever all the other Hearts fans come up with could see them through to the new year where youzuns will pay £300k.

Just pure guesswork but I still think that leaves them somewhere like half a million shy to get through to the end of the season. If they can hold a few folk off until then when they get the last of the Wallace money then maybe their path is a navigable one.

I have heard they could be alright after that as the bigger contracts go..... Then they have to do it all again when their tax case hits.

All of course if Romanov has any plans to save them
 
RebelBhoy said:
HarryHood over on the Celtic board reckons an individual has stepped up with the cash. If that is £400-£450k then that tackles the immediate problem. If that is indeed true. Whatever all the other Hearts fans come up with could see them through to the new year where youzuns will pay £300k.

Just pure guesswork but I still think that leaves them somewhere like half a million shy to get through to the end of the season. If they can hold a few folk off until then when they get the last of the Wallace money then maybe their path is a navigable one.

I have heard they could be alright after that as the bigger contracts go..... Then they have to do it all again when their tax case hits.

All of course if Romanov has any plans to save them
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What I heard was they need to raise 2 million from the fan share offering to see them to the end of the season. Hearsay and whatnots.
 
Chapmeister... said:
What's a sevco?
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"sevco"

It's what people of a certain persuasion insist on calling Rangers Football Club.

They seem unable to discern the difference between a company, a business, and a football club; and so they rattle about looking for all things real or imaginary that can be laid blame at RFC's door. They really enjoy it too, as their persistence and quite frankly sterling efforts attest.

I don't care as much about Rangers as those ****s do <laugh>
 
Gambol said:
What I heard was they need to raise 2 million from the fan share offering to see them to the end of the season. Hearsay and whatnots.
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That makes it even worse than my guess.

It can't suit Romanov to keep them going. In fact it definitely doesn't in terms of what liquidation would realize for him. That is where the biggest worry must be for the Jambo fans.
 
Gambol said:
"sevco"

It's what people of a certain persuasion insist on calling Rangers Football Club.

They seem unable to discern the difference between a company, a business, and a football club; and so they rattle about looking for all things real or imaginary that can be laid blame at RFC's door. They really enjoy it too, as their persistence and quite frankly sterling efforts attest.

I don't care as much about Rangers as those ****s do <laugh>
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Dear oh dear.
 
Proved what point?

I understand what happened. You are pretending not to.

That is ok. I don't object to you pretending whatever you want, i object to people acting dumb about it.
 
Albatross said:
BBC SPORTSOUND have just said that SEVCO offered Hearts £500K instead of the full £800K that they owe them. Ok that is more than they were due to pay, but given what SEVCO the new club have gone through over the funeral of rfc in the last few months, to TAKE ADVANTAGE of the diets in their hour if need is disgusting.

Is there no depth to which SEVCO will stoop?

Hearts fans are digging deep into their Xmas funds to prevent the death of their club and low and behold who is the first organisation to rub their hands together and try to see what they can make out if it for themselves.

Reptiles
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i don't think it's right but do you think lawell would do any different? would he ****. i could be totally wrong but when we signed bobo did we not get him for **** all because tolouse were ****ed? i think it is appalling but football clubs look after themselves first and foremost
 
Gambol said:
"sevco"

It's what people of a certain persuasion insist on calling The Rangers Football Club.

They seem unable to discern the difference between a company, a business, and a football club; and so they rattle about looking for all things real or imaginary that can be laid blame at RFC's door. They really enjoy it too, as their persistence and quite frankly sterling efforts attest.

I don't care as much about Rangers as those ****s do <laugh>
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happy to help, as they say.
 
Nice to see a wee ornithological thread from Albatross. It makes a nice change of pace from the usual ones raging about radio phone in punters. Perhaps his batteries are running out?:emoticon-0112-wonde
 
Really don't see a problem with it, it is surely normal business practice. They need 450k by next week, we offer to pay them a reduced fee early, what is the problem?
 
monacoger said:
Really don't see a problem with it, it is surely normal business practice. They need 450k by next week, we offer to pay them a reduced fee early, what is the problem?
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They would lose £300k they are owed. Yes they'd keep the taxman off their back for now but the bigger picture is more problems are around the corner. They probably cannot justify to creditors not awaiting the full balance.
 
anportmorbhoy said:
They would lose £300k they are owed. Yes they'd keep the taxman off their back for now but the bigger picture is more problems are around the corner. They probably cannot justify to creditors not awaiting the full balance.
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Possibly that is the case due to the winding up order they've been served. <ok>
 
anportmorbhoy said:
They would lose £300k they are owed. Yes they'd keep the taxman off their back for now but the bigger picture is more problems are around the corner. They probably cannot justify to creditors not awaiting the full balance.
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Yes, I am aware they would lose 300k, I went to school too. My main point was that it is normal business practice to offer a reduced fee, for early payment. I can't see a problem with it and I'm not sure why anybody else has a problem with it, apart from the obvious answer! The only reason for not accepting the offer is that they have the money to pay it, which that mad owner obviously does.
 
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