Rangers Doomsday Clock - Administraion / Liquidation

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Gay Alan said:
So if we ask questions we can sort it?
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Maybe, I don't know. It might already be too late.

You have to look behind the smokescreen of Sally taking 800k / 400k whatever or the players accepting a 15% pay cut. Both of these cuts together would amount to less than £1.5 million annually, or about a month and a half of your current burn rate. That is f**k all. Your player wage bill is about a third of your turnover and that in itself is not the problem.

You need to look at how your directors took £10 million out of your IPO. You need to look at where the other two thirds of your income has gone. You need to demand the identity of those behind Blue Pitch holdings and Margarita.

Naturally you have assumed that the people who are running your club are doing it because they, like you, love Rangers. When you start to get some answers I fear you will have some very unpleasant surprises.

Remember the old broken club Celtic crest in the papers? Remember the rebels? Your turn.
 
Huns don't question, they follow follow the man in the big suit in the big house.

'Twas ever thus.
 
magicthighs said:
Maybe, I don't know. It might already be too late.

You have to look behind the smokescreen of Sally taking 800k / 400k whatever or the players accepting a 15% pay cut. Both of these cuts together would amount to less than £1.5 million annually, or about a month and a half of your current burn rate. That is f**k all. Your player wage bill is about a third of your turnover and that in itself is not the problem.

You need to look at how your directors took £10 million out of your IPO. You need to look at where the other two thirds of your income has gone. You need to demand the identity of those behind Blue Pitch holdings and Margarita.

Naturally you have assumed that the people who are running your club are doing it because they, like you, love Rangers. When you start to get some answers I fear you will have some very unpleasant surprises.

Remember the old broken club Celtic crest in the papers? Remember the rebels? Your turn.
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Oh the ****in horrible memory of it all :emoticon-0106-cryin can't even imagine what the average bear is goin through...
 
Hark at him pissing on our parade . f**k off Mick we is still celebrating Celtic s ****yness . <nahnah>
 
The question is when will they announce admin?

They would be as well doing it just now as they wont get out of the 1st division starting on -25 points.
 
eric cartman:6408173 said:
The question is when will they announce admin?

They would be as well doing it just now as they wont get out of the 1st division starting on -25 points.
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The people in charge dont care about points. They want to remain where they are doing exactly as they are doing for as long as possible to make as much money as possible. As soon as admin happens they wont be in control and their money making will stop. So they just want to string it out.

If they went into admin tomorrow and dont come out by season start next year theyd have points deducted this season and next anyway.
 
anportmorbhoy said:
The people in charge dont care about points. They want to remain where they are doing exactly as they are doing for as long as possible to make as much money as possible. As soon as admin happens they wont be in control and their money making will stop. So they just want to string it out.

If they went into admin tomorrow and dont come out by season start next year theyd have points deducted this season and next anyway.
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Quite so.

The only way to get shot of the incumbent crooks and shysters is for the fans to carry out their threat of withholding season ticket money to force the club into administration.

The only slight glimmer of hope is that the club is not in the huge kind of mess it was in last time, and, with a reputable administrator in charge, the clubs assets might attract some reputable business men.

One can only hope.
 
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