Rangers rumours 18966


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21 Nov 2017 17:24:02
I was told today to expect no appointment or any announcements about new manager until after AGM and that two potential manager lists have been drafted. A list that current board will pursue without investment and another that requires investment.
The current board expect the resolution to be passed which will enable investment and rumours about it coming from a North American group being guided by Alastair Johnston aren't going away.

Agree21 Disagree14

21 Nov 2017 18:13:23
Who in their right mind is going to want to invest in us? In the papers every week for all the wrong reasons

21 Nov 2017 18:37:32
Govanfront ----It is at a time like this that investors will look very closely at an investment.

21 Nov 2017 18:40:39
Goven front it's res11 at the agm that he's talking about. it's been blocked for the last two years but this time it should go through. well here's hoping. bcos the board are banking on it going through. as a matter of fact res11 is massive to our club going forward so fingers crossed enough votes get it over the line this time

21 Nov 2017 18:42:58
what wrong reasons, for sacking a twit and not paying 800 grand for someone who would not take rangers forward as he has proved against cetic and his recent results best he could do would get you second place, you should not read too much into what you read in the rags
they are all full of rubbish anyway they only listen to what they are fed with wait and see what the board come out with

21 Nov 2017 19:16:26
Well with the exception of the SD deal I’m struggling to remember a ‘good story’ coming out of Ibrox. I’m not being all doom and gloom I just can’t see the fairly tale investor thing being the answer everyone is hoping for. I will wait patiently like everyone else and hope I’m wrong!

21 Nov 2017 20:21:48
You do know that the money raised not a penny will go to the club it will go to paying off loans also why would anyone in the right mind dilute there current shares and buy more

21 Nov 2017 20:44:47
Gordo loans are not getting paid back they are to be turned into shares in a share issue and if you buy more shares less chance of diluting your shares, think about it.

21 Nov 2017 20:52:44
If that’s he case they should be upfront and tell us. This is turning into a farce as per usual. I don’t think there are many fans that wouldn’t accept waiting till after the AGM if we were just told that was the case.

21 Nov 2017 20:55:02
not a penny . that surely will depend how much money is raised Gordo, and also what the terms of the soft loans are

issuing new shares is one way a company can raise money its fairly common practice Also the price which will be offered to shareholders will be at a discount to market price that’s why it’s attractive

all of this of course is dependant or res 11 being passed.

21 Nov 2017 21:30:47
Its always been public knowledge the loans will be converted into shares when they can be.

Im sure rangers first/ club 1872 also have a load of cash to invest to boost fan ownership levels or keep its holdings strong after a share issue.

21 Nov 2017 21:40:02
Dave King himself has said that all loans will be paid back in shares at some point if you don’t know this then you clearly haven’t been reading much over the last couple years

21 Nov 2017 22:12:13
Hopefully SuperAlly can be bothered to vote this time or has at least Proxied his rights!

22 Nov 2017 01:12:10
Sticks in the throat the fact we paid around £3-4m for two imposters in Herrera and Pena

22 Nov 2017 05:58:11
To be fair res11 was ruuned last year by 1% and that was wee sally that never voted but ashleys shares are gone now so it shoukd be straight forward. let's hope we get investment.

22 Nov 2017 09:26:18
the money raised will be to pay people off so what investment this isn't a magic wand that wipes all the debt away like king as said it doesn't make sense but if you really believe that then that's up to you think of this logically the more shares there is the less they are worth for instance say you spent 1 million on the original shares and that got you 10% the loans are at 18 million that means your shares are diluted

22 Nov 2017 10:23:53
You vote against it then Gordo. Simple.

As stated by nearly everyone above, the soft loans will be converted into shares reducing the debt. Current shareholders will be given the opportunity to re-invest to maintain their shareholding and hopefully this will provide some much needed capital.

No magic wand, but this will help the club. Most of the investors are now supporters of the club so they are not in vesting to make a huge profit.

Hopefully with a new retail deal, kit sponsor and shirt sponsor we will be able to raise additional cash each year. Also if the DOF and scouting system just put in place we would hope to make some money on player transfers and finally if we have a better manager and players in place we can get some money from European competition.

The business model is the easy bit. It’s getting the right manager and better players that seem to cause us problems.

22 Nov 2017 13:08:37
Gordo it doesn’t makes shares worth less money it just means that the percentage of the company you own is less

For instance if you have 1% of the shares and there is 10,000 shares and in the next share issue they release another 10,000 shares you then own 0.5% of the shares in the company but your share value isn’t effected by this.

22 Nov 2017 13:48:04
I may be totally wrong btw so if anyone wants to correct me if I am then I’m fine with that as I have zero stock experience lol

22 Nov 2017 13:51:43
Sorry for another post but this is what I found on the interweb this is direct copy and paste.

In simplest terms, when a company creates new shares and sells them, it's true that existing shareholders now own a smaller percentage of the company. However, as the company is now more valuable (since it made money by selling the new shares), the real dollar value of the previous shares is unchanged.

That said, the decision to issue new shares can be interpreted by investors as a signal of the company's strategy and thereby alter the market price; this may well affect the real dollar value of the previous shares. But the simple act of creating new shares does not alter the value in and of itself.



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