Rangers banter 50912


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07 Nov 2017 15:48:37
Good afternoon bears. I just thought I would post this in case there is any fans who don't know this. as you all know rangers have had several loans from the director's for working capital. well as it stands rangers owe them 15.9ml but the board are hoping to push through a share issue in the upcoming agm which shouldn't get blocked this time. anyway the director's will convert the 15.9ml into shares. so bassicly we must get the share issue through bcos the loans have to be payed back by December 2018.also whatever money is raised that 15.9ml will come off before any money goes back into the club for new players and whatever else they have planned for the money they raise. I know most fans already know this but I thought I would post it just in case some fans didn't.

Agree4 Disagree5

07 Nov 2017 16:01:34
Sounds plausible Del, where did you hear that mate?

07 Nov 2017 16:56:03
Don't think they can have a share issue without a nomad and also I believe it will depend on the outcome of the takeover panel case at the court of session? Anyone confirm this or shoot it down?

07 Nov 2017 17:46:09
Bear mode 91 it was in the clubs accounts. if you go over to the clubs website all the details are there buddy. it's also in the accounts that the board will try and push through the share issue in this agm that's coming up. you should read the accounts there is a lot of interesting stuff in them bearmode91

07 Nov 2017 17:48:00
As far as not having the share issue without a nomad or the takeover panel I don't have a clue johnny. I was only passing on what I read in the accounts buddy

07 Nov 2017 18:41:55
I don't grudge them it. Without their money we might not have had a club.

08 Nov 2017 12:21:43
Well delboy it may be the start of our demise with fans like you openly stating that if mcinnes gets the job you won’t support the board or put another single penny into the club.

08 Nov 2017 12:22:24
Only need a NOMAD if the shares are publicly traded. The can sell shares privately or have a share issue subject to shareholders approval at any time.

08 Nov 2017 13:36:44
honestly guys u say mcinnes will only ever get us 2nd what a load of nonsense!

you don't know what the guy is capable of doing and with more at his disposal he could make a name for himself up here the way walter did.

i believe that we will be better than we have been in a whole decade once he gets through next summer with a couple of new signings .

but he must get moult in through the january transfer window.



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