I have to agree. "But all it needs is a couple of players paid £100,000 a week to derail those estimates." True, but that ain't going to happen is it? You might as well say "all it needs is a couple of £20m transfer fees to derail those estimates". Someone is mistaking the SPL for the EPL.
I now understand how the dishonest Charlie was able to buy Ibrox Park, Murray Park, and the car park for £5.5m. Considering that the Charlie has these items valued at £63 m. then the deal looks too good to be true. However I now understand what happened Charlie also bought the good-will of the dead and liquidated Rangers at minus £55m and so his £5.5 m promise of other people's money makes sense as he got a decent discount of approximately £2.5 m. Isn't it terrible that the young school boys who now support Sevco have to carry around for the rest of their lives all the hate, all the tax dodging and perhaps tax evasion, all the unpaid debts to what were loyal Rangers people. Surely not even getting £55 off at purchase wouldn't cover the shame of their fathers, and fathers fathers have bestowed on the young people supporting Sevco.
Heard a few rumours that Chuck has only sold £3m worth of shares - nothing official about the place though. Could be in for liquidation mark 2. Third Rangers lucky?
you been reading the daily rhebel with it's anti rangers agenda? http://www.dailyrecord.co.uk/sport/...-green-on-the-backfoot-for-first-time-1493627 THERE’S a touch of the Boycotts about Charles Green. And it has nothing to do with not taking tickets for Tannadice. For six months this eccentric, torn-faced Yorkshireman has been strutting around Scottish football, smashing almost everything and everyone for six. His aggressive, sleeves-rolled-up batting style has been fun to watch and, at times, pretty spectacular too. Somehow, and in almost no time at all, Green has won over the hearts and minds of a support which at first could not have been more suspicious of him had he pitched up at Ibrox wearing Craig Whyte’s old pointy shoes. His straight-talking charm offensive has been a thing of beauty and those same fans now have no problem at all with the fact that, by tomorrow, Green will have earned himself a small fortune from their club. Maybe even as much as £3.5million. That’s his reward for riding to their rescue. Also, it must be said, when it was announced only 10 or so days ago that he had secured £17m worth of reasonably blue chip institutional investment in his planned flotation, many a flat cap was doffed in Green’s direction. This was arguably an even more impressive success than his snake charming act on the masses. But – and you knew there was a “but” coming – at some point in the next 24 hours Green may be forced on to the back foot for the first time. A lot less bullish than before. Maybe even a little sheepish, depending on the extent of the damage. Those same supporters now eating out of the palm of his hand have only until 1pm tomorrow to make good on their promises to buy shares in Green’s Rangers. To put their money where their mouths were a few months ago when around £22m was pledged in the online land of lah-de-dah. If ever there was proof of the dangers of taking the internet’s word for it, then this is surely it. Because, as things stood over the weekend, the total stumped up by these supporters was closer to £2m than £22m. Maybe not even that much. A total of £10m worth of shares was ring-fenced by Green for fans. But the word from those who know inside Ibrox yesterday was that the uptake has been slow. The exact numbers are blurry, not least because sales have picked up slightly over the last 72 hours but, even so, the best Green can hope for now is to shift half of the £10m he set aside. In fact, the truth is Rangers will be delighted to break through the £4m barrier in the final few hours of trading. So, unless there is a late stampede to hand over bundles of £500s – a week before Christmas – Green will be left with quite a significant hole in his plans. And someone, somewhere will have badly miscalculated. It’s too easy to blame the fans for failing to follow through with their cash pledges, which came in the form of registered interest. The suspicion is many pledges may have been made by cunning rival fans as a wind-up. You know the kind of thing. “Yes, the name’s Lennon.” “First name?” “Eh, Niall. And I’m good for 20 grand ma man.” “Yaldi!” Others may well have been genuine and full of good intentions at the time but baulked when it came to coughing up the cash. Or when it was time to tell the missus to buy a smaller turkey this year. Or a pack of chicken dippers. Yes, with hindsight, Green may well be wishing now that he had not chosen to launch this issue in December, in the middle of a recession. He may also be thinking he was asking for too much when he set the minimum asking price at a monkey. Now I’m no Lord Sugar but wasn’t that all rather bleeding obvious? These same supporters, remember, have already been paying hand over fist to keep their club alive since all its troubles began to crystallise at the start of a year that will go down in history as Rangers’ annus horribilis. That’s Latin for Craig Whyte. Also, Green may have blundered on TV last week by apparently stressing there was very little need for the club’s fans to dig deep. He said unsold shares would be quickly gobbled up by his institutional investors, who wanted to plough around £25m into the club but were scaled back to £17m to satisfy demand from fans. “If there’s any left over I’ll even buy ’em myself,” was how Green put it. But this may have backfired on him because, if anything, it allowed fans to feel as if their larger-than-life chief executive had it all covered. When 10,000 Celtic supporters raised £9m between them in 1995, they were doing it to save their club. That was the message from Fergus McCann and the response was quite staggering. If Rangers supporters fall way short of that kind of sum, they can expect to be told about it by their neighbours. Over and over. And no, Green won’t be there with his cheque book to make up the difference. He’s not here to spend his own money. He prefer others to spend for him. So now, barring a late and intense flurry of investment from supporters today and tomorrow, he’s going to be left with a whole load of unwanted shares on his office desk and a sizeable chunk missing from his budget. He had better hope his assembled squad of big-money backers in London are indeed prepared to pick up the slack to the tune of up to £7m or suddenly, what had been shaping up as a major success story could become a minor source of embarrassment.
Can't expect fans to stump up £500 to buy shares in the company which owns the history of their club. And It's Xmas
Rangers FC Official ‏@RFC_Official CG: "We have always wanted a CVA in order to preserve that history." just seen this on twitter
I saw a picture of this last night. I like some of the comments, though MCFC fans must be like no other in their obsession, eh
That particular tweet has been retweeted hundreds of times - comes up every couple of days There was another one being frequently belted out again yesterday. I wish I could remember it.
I remember seeing a poll on Follow Follow back in about March in which 80% of about 5,000 votes said they could never support a Newco. My biggest regret of the last the year is not screen dumping that, before they had a chance to deny it ever happened
That is hilary-ious. But 80% of Follow Follow is Timposter. The only Bear on here with a FF account is well known sectarian bigot, Squiggly. Meanwhile, you, Keern, ST, Weeble (that I know of) have FF accounts. Internet polls mean **** all, you know that.
I do not have an account on ff. The "Red card to liquidation" display was really quite something though. A sea of dissenting voices stating "Sink us and we'll sink you! You wont simply reform a newco and everything's bright and rosy. Not a chance in hell". Sure thing
Well, they did. The oldco "incorporated" in 1899 went titzup and a newco was formed to take over the club.
I've just remembered what it was It wasn't an official tweet at all. It was a screenshot of the cardigan on STV news with the caption from his group's initial letter to Green. "We wish the new Rangers Football Club every good fortune"
True, which is probably why today's holding company's holding company share issue won't sell. You can't buy shares in a club, Timmy A club is not who or what runs it, it is a slew of image-related contextual images like a scarf or a colour
