Rangers v Celtic

£17m loss. Can't wait for Monny to explain how all is ok.

 

That £17m is before the factor of Covid. Lol.

 

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Because of Covid, that's dad enough a £22m loss in a year. A 1-0 win vs is cost that. Our record buy is £1m in 1996. £84m to date loss since 2012.

how can you claim all is ok. Won the same (less) then us since then.

 

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Reading FollowFollow is Gold. These accounts don't even include the ability to sell Alfie, the Covid Crisis of the latest embarrassing share issue and they are.still happy. The same people that laughed at Celtic making a profit. £84m loss in 8 years. How?

 

Couldn't sleep all night, too worried about the accounts

 

I got drunk, laughed at Rangers and wrote ****e on Not606. What a Friday night. Best one in a while.

 

We consume you Chris!

 

Glesga Phil had an impeccably placed source that told him Rangers had applied for a Covid extension on publishing their accounts and would publish them next June.

This is wot he done wrote in his blog a couple of days ago!

We consume them all Chris!

 

https://thecelticblog.com/2020/11/b...rox-and-the-celtic-boards-nightmare-scenario/

They were all at it!

"Stop wondering where they are, no one will see them until June"

#anydaynow

 

Ahem!

https://www.afc.co.uk/2020/11/20/2019-20-financial-update/

Oooft! Another club published it's accounts yesterday and it went completely unnoticed by a certain fellow even though he was up to the wee small hours tinternetting like crazy. Makes grim reading especially the projections for the next 12 months!

Wages to turnover at 90%

 

We've had one bad year due to Covid. Rangers on their 8th year of £10+m losses.

 

0ne bad year! Didn't your chairman write off millions of pounds of debt last year?

8 years eh! And they said it was unsustainable!

 

that was the cost of training center.

Use whataboutery all you want mate.

£17m loss until June 30th so doesnt even include the realities of Covid.

keep pretending all is well.

 

Whataboutery!

Pretending all is well?

You're the one that is pretending all is well.

Debt is reletive mate. A 17 million loss is a terrible statistic but is 2.9 million any better given the both clubs annual turnover. Aberdeen's is far worse because even without Covid they have limited income. Rangers income is growing year on year and with the new merchandise deal, another good run in Europe, 40000+ season ticket sales, sellable assets on the pitch we are no worse off than your club.

Next season we will be in the Champions league so...

As long as we last that long of course

 

In all honesty - the figures weren't unexpected.

I think he will get to keep the squad until the end of the season but then a couple of assets may have to be cashed in like Morelos and/or Barisic.

 

And yet with all this magical increase in revenue, the debt grows bigger every year. Cormack can find £3m easily. Park can't keep finding £17m. That's why King ****ed off. But you keep selling 10% of your club for a pittence and doing share issues every year...nothing bad will happen.

 

Ra Shellick might even have to cash in the French dud - that should raise around £8m

 

"Aww but we sell 50000 seats and go on Euro runs"...

Yeah you've done that the last couple of years too and even with that it's over £30m lost during these wonderful runs.

We'Re FiNe. Lol