Rangers Banter Archive December 11 2012

 

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11 Dec 2012 23:20:47
Ok just watched the CG interview on STV.
CG looked tight chested and uncomfortable. Blinked and coughed a lot. Main points were wont give up on players fees. Has lots of money doesn't need the share money. £9m of share money to fix up Ibrox for 2014 games.
Corporate investors will buy shares if fans don't and he'll buy them if corporations don't.
Won't join SPL. Against title stripping saying he bought titles and history.

I don't believe he has plenty money and doesn't need share money to run club.
I don't believe he would buy all the shares if no one else wated them.
I don't think it was possible for him to buy titles and history, but Lord Nimmo Smith is to rule on this.
My personal feeling is titles will be stripped in January.

Believable21 Unbelievable13

He didnt say he bought the titles and history he said he bought the trophy's and that they are part of the history ... big difference he mealy bought the contents of the cabinet

Agree14 Disagree13

Of course you don't believe anything he says....you are a Celtic fan. You certainly ain't goin to agree with him are you?!

TTG

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Regretfully MacKay had a few chances to say many insist its not the same club. Which he didn't do and accepted CGs answers on questions that were presumptuous on it being same club.
MacKay also didn't mention deeds to Assets and ownership. He did however challenge on £9m to fix up Ibrox saying it was high. An excellent opportunity passed now John you won't get him in again. 6/10.

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Bah Humbug and a Happy new year to you too mate.
He also said he's already raised £17 million,but you conveniently left thay out...Why? The worldwide scope and fan base of Rangers is a very investable no brainer. CG is a very shrewd man,don't get too hung up on the upscaling of Ibrox either,we'll get a large chunk of that from the sports council for the commonwealth games.
P.O.B

Agree6 Disagree15

The good news is that the club is not in a critical situation and does not rely on fans money in the share issue. If you believe it.

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Well he said it himself tonight.He's there for the money but it's going to take much longer to get it.Funny the big rush with the share sale----it's this year so he doesn't break his promise he said but maybe it's to get the money in sooner?Fans would have waited for the shares to come next year and not before Xmas ---why the rush I'm wondering.

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6) yeah he said he's here for longer term to make big money. Citing champions league. But here he conflicts himself. He's four years from champions league minimum. He also clearly stated that he won't join SPL. So as an investor that means no big money!!! If fact you get CL money only after tournament so minimum 5 years to cheque hitting the rangers account.

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Mark my words. Charles Green won't be at Ibrox this time next year.

Hamish RTID

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@4 funny how the worldwide fan base wasn't there when you really needed them now were they! You were left with CG and if you believe anything that fellow says then you are a bigger fool than your post suggests!
Rangers fans need to wake up very quickly or you are going to be left in the exact same position you were in this year! So can anyone explain the refusal to play in the SPL? Is he counting on reconstruction of the league? If that isn't the case, what does the club have to aspire to? Playing in the Europa league every season because champions league will only be awarded to winners of the SPL! So where does that leave the club with regard to potential corporate sponsorship? And before the usual cast of people get on here stating they are happy with the "boycott" of the SPL because "we will never forgive them for what they did to my club" statement my advice to you is move on and grow the feck up!

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@6)7) yes but he has no accounts either and requires three full years accounts before getting into European competitions. So three reasons for no Europe for a long time. How can he possibly attract investment promising non existent euro type returns?

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@9. Are you foolish enough to believe the SPL will still be around for much longer? My advice to you would be stop telling people to "Grow the feck up" and for you to wake up. The SPL is toxic now and will be a deserted wasteland pretty soon.
P.O.B.

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1. No accounts to get into Europe until fourth year.
2. 4 years of winning every league to get into Europe.
3. No entry to SPL- Europe isn't possible.

Earliest possible European money in bank end of tournament in FIVE years - 2018.

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@11) Celtic has delivered an extra £200k for each 11 SPL team euro money this year. If they buy some SPL players with their winnings it'll also flow money around SPL. Two very good TV contracts negotiated in SPL and good sponsors. It's on a sound footing.

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I posted at 3) and need to revise my score on John MacKay's performance. He did get the blue pitch holdings and other unknown investor group question in, which got CG coughing and squirming. So a credible 7/10.

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At pob are you foolish enough to believe that just because rangers arnt in split it will crumble. The spl doesn't need rangers so enjoy working ure way back up the leagues to nowhere

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Interesting the same figure £17 million appears as the negative goodwill revaluation of ibrox et al...

Even the float costs £2 million - so its down to £15 million - but lets see if it rises.

Too many hmmms and errrs for me.

Why chase ex-players who leave as is their right, rod-of-iron on players leaving, who will therefore come in future, if they cannot leave without being chased.... ?

Silly man..... no making friends to other clubs who could supply players in future, or buy when he wants to of-load... very short-term.....

he here for quick profit only, how quick, we may find out on the 18th

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11 Dec 2012 23:03:02
Well i'm quite impressed with our Charlie based on that interview.
Be interesting to see the darksiders pick holes in that though. Should be fun. C'mon then let's be having you.Lol
P.O.B.

Believable11 Unbelievable22

No surprise you r constantly. Duped by conmen if you were impressed by that interview.

Agree18 Disagree5

Blindly shuffling along pob, could you trust Charlie with your grannies pension? Imran Ahmed brought him in as a front man. Fraud squad went in to his capital investment company last month. Charlie couldn't tell us the major consortium investors behind blue pitch holdings, etc,...

Agree15 Disagree2

Why no openness and honesty?
Who is behind blue pitch holdings?
Why can't we be told?

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@2. So you base an argument against someone for upholding confidentiality and anonymity? Strange. People are entitled to privacy you know. Oh and one other thing if the prospectus was passed by all the bodies mentioned by CG without this requirement why are you so hung up on it? The prospectus is out there for everyone to see,granted there are one or two issues regarding the pfa case,and the assets against heritable goodwill etc,but that aside Rangers are very investable.Can you build a case to contest that point?
P.O.B.
P.O.B.

Agree7 Disagree11

If Rangers are very investable, what are the projected returns above bank base interest rate or inflation rate over the next 3 years?
Is £1,000 in Rangers better than £1,000 in a current account at 3%?

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@5. Well obviously not,but would you expect a return on investment after one year? As with most share issues investment is subject to tax deductions,early redemption charges etc. Based over a 3-5 year period when the club becomes stronger then that is when you look for your return. Pick another line from the prospectus and i'll try to answer that too.
P.O.B.

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Well glad you're so happy pob but I don't think that was a CEO £360k plus west end apartment plus benefits performance.

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Well Delia if you were impressed by Charlie it just prove's your another gullible bear, you should really listen to all the sensible bear's,Bobby who lost money when your old team went into liquidation, Brian,Lochaber bear,big baz you might learn a bit from their sceptisism regarding Charlie boy.
Tam

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11 Dec 2012 20:51:48
Just seen Green say on tv that he has advised parents of young players to " go round to the PFA offices and grab the guy by the throat and ask him what's going on" this guy is an idiot and should be brought to task with his stupid comments.

Believable26 Unbelievable9

Op - there was me thinking that this players organisation was there to represent the players - in this case they seem to be representing themselves as no players have asked for them to raise any actions

My question is;
Why would they do that?

JG

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OP,

Why should Charles Greene be punished for that comment? Do you actually believe it is a serious statement? I honestly think you want Charles Greene punished purely on the basis that you don't like him and it's pathetic. Get a life man!!

TTG

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@1 you are missing the point totally, his aggressive comments don't help anyone whether you agree with the legality of this case or not

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11 Dec 2012 22:06:22
@2: is that the kind of comment that's acceptable from someone in charge of a football club? If the head of a bank or a politician had made a comment like that, there would be a public outcry. It's totally irresponsible and stupid. It may sound far-fetched but it may give the f*ckwit element in the fanbase (every club has them) ideas. Alternatively, what if one of the parents is inclined to do exactly what he suggests and feels justified by Green's comments? You just can't vouch for or predict some people's behaviour, and I include Green in that.

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@3 dont think he is aggressive, he just calls a spade a size 10 shovel,
at the end of the day if he speaks up to defend my club and refuses to let others walk over us as they thought they could for the last year, then i am all for it, i wish there was some way i could see stv tonight to see his interview, i am sure he wont let himself or the rangers down

JG

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Come on. Let's be serious. If this was Lenny saying that you'd be all over it baying for his blood and giving him the 'Lenny treatment'.

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The guy Green has no class at all.

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@ 4),

I am pretty sure the parents of these players grasp the concept of what Charles Greene is talking about. We all know the point he is making. He isn't suggesting that the parents should physically do that. You know it, I know it and everyone else knows it!!

TTG

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For years under murray I felt that we never stood up to injustice from SFA etc Finally we have a man who will speak out his mind and speak out for the majority of fans protecting the clubs interests - He is plain speaking and to the point. No more will we be playing politics with the games various authorities - No longer will we be walked over - Good on ya charlie and hey anyone who thought he meant it literally needs to look in a mirror !!

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@9 In his position he should choose his words more carefully.I'm old enough to think he should 'set an example' and using his inflamitory language is no good for the image of the club.

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His choice of words is often suspect it seems that he is trying to appeal to what he thinks people want to hear, not being from glasgow and having nothing to do with rangers he has a prconception of scottish people and I find it offensive.

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He has set his stall out to impress some fans who will bail him out and buy into his dream.

It only takes a few it seems.

Not the majority.

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@9. Just what injustices from the SFA did Rangers have to stand up against during Murray's time?
Fans can agree or disagree with boycotting the Dundee Utd game if they wish, but to make it a corporate policy is very unbusinesslike and unprofessional. It makes the club playing out of Ibrox seem like a local cab firm, but if that is the type of behaviour you want from your chief executive then so be it.
Al

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11 Dec 2012 20:02:44
Rangers International. It is a bit like Rodney Trotters International Trading, Peckham, London. When are you going to be International? you wont be playing abroad for many years, Charles Green must be having a laugh. But, If he is serious - then you have a mad man on the loose.

Believable18 Unbelievable5

He wanted to call it The Rangers Football Club plc but the stock exchange told him they already have one of those in liquidation.
Inter Rangers.
I need to watch this guy tonight very closely and listen to his every syllable.

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It's international cause Imran and Charles have holidays abroad with their fabulous salaries.

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The only laugh is at your expense, think you'll find it was Derek Trotter, Rodney was the brother. What a plonker!! PB

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It's a misnomer.
Rangers Domestic sounded like a cleaner.

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Ah but Derek trotter was banned from being a director so brother Rodney became the managing director.

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Is that the best come back you could make up timmy, utter colin nish!

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11 Dec 2012 22:15:45
@6: it's true lol

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@6 Who needs to make anything up these days with all the unbelievable stuff going around.You'd laugh if it wasn't so serious.

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Rangers are known world wide, a fan base world wide, marketing potentials world wide so yes we are international company/club oh and hey even without european games for a couple of years we are still the biggest draw in scottish football.

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Biggest draw in scottish football hence the reason you could not get any frendly matches pre season and the ones you did arange cancelled

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@10 wrong wrong wrong, we had no licence right up until two days before our first game, remember? therefore we could not play until we "agreed" to the conditions to grant our licence

JG

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11 Dec 2012 20:00:42
Do we find out how much has been pledged on the 17th dec?

Believable2 Unbelievable1

OP - No the time for pledges is over now it comes to the crunch,
but we will find out how many shares have been taken up on the 18th and all true bears who can afford them should take them up

The need to invest in and save our club, now that we have the opportunity to do so, heavily outweighs the doubts about the consortium

JG

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Do we care? Charles has promised to buy up all shares not purchased by fans. It's a success before it starts.

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Personally i'd buy all the shares i could afford if i had the money. He's not really looking for the ordinary john on the street to buy in,he's looking for business minded people to invest at least 10 grand a pop. Only 32% of the shares will go to the "ordinary" fans. However i reckon any investor will make ten times their initial outlay easily. Watch this space. That's why Charlie has promised to buy any unsold shares.
P.O.B.

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Chuckie wont buy diddly squat and any buisness man will not touch the share issue with a barge pole, it a flotation to fleece bears

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Personally I see it more as a donation rather than an investment but good luck to all bears that buy into it. ANd anybody predicting huge profits really don't have a clue. Sorry but if you were gonny make ten times your initial investment do you not think the Financial Times would have urged their readers to buy into it rather than poo-poo the share issue?

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"Ten times their initial outlay" P.O.B. really? Why isn't this the most oversubscribed floatation in history therefore?

Gaz

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Do any bears out there honestly believe that the way CG has been carrying on and even his latest shocker of never playing in the SPL ever again (therefore no champions league) really endearing the big paying

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Personally i'd buy all the shares i could afford if i had the money


thats why you hae not got the money

PS I have some magic beans for sale.

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11 Dec 2012 19:24:37
Now that we have 60 odd players suing us I wonder if Charlie could spin it around and get big Jig and the rest of the players still at Rangers to sue the Union for trying to sue using their names.........just a thought

Believable7 Unbelievable5

OP - think you are a bit off the mark there, did the PFU not make a statement saying;
they were not representing any players and had no idea where that number had come from but they had brought this action on their own because rangers asked the sfa for arbitration
they also said they will drop there action if rangers withdraw the request for arbitration
Interesting to note that rangers lawyers believe we have a strong case, just as they believed we had a strong case against HMRC



JG

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11 Dec 2012 21:00:09
@1: the lawyers wouldn't publicly say otherwise, would they?

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11 Dec 2012 18:58:48
Charles green is on Scotland tonight, STV 10.30pm live.
I hope John MacKay asks the right questions, we deserve answers to all the difficult questions not an easy ride for Charles and we're left in the dark guessing.

Too many big questions.
This new show needs to deliver or MacKays reputation is oot the windae.

Believable15 Unbelievable1

Well it's 100 Years of the Royal Variety Performance on ITV at that time, assume Chuckie is doing a little turn for us.

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We need Jeremy Paxman.
If I smell a lie or disingenuous responses Ill just switch off to the guy. I know he's needed and the clubs relationship with these guys is symbiotic, but I really don't like him very much. The lies don't help us.
They don't fool anyone or affect people outside the club.

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Royal variety is 23.05, afterwards lol

But best laughs during chuckie half hour.

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Does it matter what questions he asks? Relly!!

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Watched the show last night and an easy ride given there(woman politician---no name here in case Ed doesn't print)Needs more than John MacKay I'm afraid to grill the guy but then,do we want to put him on the line?He has fitted into the system here very quickly and very well.Learned the ropes,shout loud and often and they'll believe you.

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11 Dec 2012 16:43:42
I am getting heartily fed up of the newco/history discussion. Anyone who follows football, regardless of team, knows that football allegiance is an emotional connection, generally handed down over generations and bourne of belonging and common history. Owners, banks and even administrators may come and go but this has little consequence to a fans feeling for the club. Rangers are about Ibrox, light blue shirts, Struth, Grieg, 1972 and (yes) even Manchester but most importantly it is about being Rangers. Anyone who argues this is a banking, legal, accountancy or corporate governance issue completely misses the point of being a fan and offers opinion which has no relevance or significance to me. Have the events over the last few years reduced our love for the club or degraded our feeling of being Rangers fans? I know my answer to this and that this is enough.
Iain

Believable19 Unbelievable30

OP, good on you for finding a way of dealing with your loss.
Al

Agree16 Disagree5

Well said mate plenty disagrees but no responses. In other words they know your right and can't come up with a answer to suggest otherwise. So as per usual the bullsh,t brigade just hit the disagree button to show there st,pidity

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So really what you are saying is that yes the history died but your not going to aqdmit it lol

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11 Dec 2012 16:37:33
In Evening Times tonight that some muppet(s) was chucking coins at the Stirling fans , hit a young lad. Hope if anyone saw this sort of behaviour they would do the decent thing and report it.

Believable23 Unbelievable2

From where I was, there was no sign of any trouble at all. Hope its not true, that kind of thing is way out of order.

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Whos to say (and im only just pointing it out) That it wasnt a Stirling fan (who couldnt hit a coo in the erse wi a banjo) that was dishing it out? Now im just asking the question, protecting my fans firstly because obviously the fingers will be pointed at the home support. Guilty until proven innocent and all that! Whoever DID throw it, be it home or away fans want locked up!
I hope the wee fan is ok and isnt put off attending games in future.

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Yeah I reported it to the taxman a seen the wee Stirling boy stocking the coinage down his drawers. I don't like these things appending at football but they do. Did you see how many big rio got hit with and burst his puss wide open. I hope whoever threw that gets jail time

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@2 you reckon a Stirling fan threw coins at a Stirling fan? From within the Stirling fans segregated area presumably, in amongst that mass horde of Stirling fans where he could so easily hide. 2) Never give up your day job to become a lawyer.

Gaz

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11 Dec 2012 19:17:31
@2: in that case, is it also a possibility that Rio Ferdinand was hit by a coin thrown by United fans but it was aimed at the City fans or players?

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@4 there are too many expert lawyers in glasgow already,

JG

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Reports as it was a 2p - so must be gers fans, as they got no money.... lol

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12 Dec 2012 08:09:52
Gaz if you read properly. Im suggesting i could have possibly been thrown by a Stirling fan intended for the home support. Hence the "coo in the erse wi a banjo!"

Dont give up your day job as a sarcastic person.

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@ 8 ahhh the old friendly fire defense meets the magic bullet theory.

Did you say the same of Hugh Dallas at Celtic Park, was Rio's 2p aimed at Tevez by a poor aiming Man U fan? Given the sparseness of the Stiring support this would have to be one really bad thrower or...as I suspect you are talking nonsense, don't worry mate my day job is safe.

Gaz

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Im talking nonsense? It is within the realms of possibility is it not? Which is what the crux of my OP was all about. Regarding Hugh Dallas(LOL) and i havent seen the Rio Ferdinand incident to therfore unable to offer comment. Chow for now x

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11 Dec 2012 14:49:25
To all those on here who are of the green persuasion, please now desist from spouting all your company is the same as a club nonsense, read the next paragraph

In May 2010, accounts were released showing the holding company of the club to be £350m in debt (due to leveraged takeover) with losses of £55m, causing auditor KPMG to qualify its audit opinion.[86] The group's creditors, including the Royal Bank of Scotland, took Gillett and Hicks to court to force them to allow the board to proceed with the sale of the club, the major asset of the holding company

the above paragraph refers to Liverpool who were taken over and run by a holding company, the club didnt change, the team didnt change they are still the same in fact they have since been taken over by another holding company called the Fenway Sports Group

All this proves is that the company can change at any time but the club remains the same heres to the next 140 years,
or timmy if you still persist that there is no distinction between company and club, i now look forward to all your posts on LFC banter page telling them they are a new club and their history has gone

JG

JG

Believable15 Unbelievable24

Waiting for Lenny the regular poster, the highly qualified accountant, tax expert, sports law solicitor, company house expert, football tactics advisor to answer this one, over to you o' knowledgeable one your thoughts please.
Good post OP finally put an end to the nonsense posted from the green and grey know it alls. PB

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11 Dec 2012 16:05:42
were they ever in administration and proceeded thereafter to liquidation??? apples and oranges I am afraid..JohnnyG

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Funny, don't remember Liverpool being in administration!! straw, grasp, the comedy gold continues!

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At no point in this piece does it say Liverpool where liquidated? Back to the old drawing board JG.

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But they weren't in administration or liquidation

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CVA gets approved then you keep your history the lot.that never happened.do sadly Cheerio rangers your a new club with no history.charles green jim Traynor the lot all say its a new club.its like saying elvis is Alive hrs not there are however alot of tribute acts of him.

Your the only 'people' who believe rangers FC is still in business sadly it's not

Same team same players same staff same debt ? Naw no us

Should have listened to the yank he would have saved your history but you chased him out

Lenny

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Yes the club Liverpool was owned by a holding company. But was a company in its own right with its own board of directors, registration number, paid players wages. audited accounts etc. Also the holding company bought Liverpool by aquiring the shares of the club, and this is what they sold.

In the case of Rangers there was no holding company. If you had restructured like this then the holding company could have gone bust and the history continued, but you were not.

Also the part of the organisation that went but was not the owners (Craig whyte is still liquid I believe) but the club. The club went bust because the owner did not put sufficent monies into it to pay the clubs debts (PAYE NIC etc). It was the club then went bust.

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If it was the same club then please tell why players contracts had to be transferred over?

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Let me explain for the dhims and then this is my last comment on the subject

a company owns assets, the company that owned liverpool had assets, one of the assets was the club, if you read above they were forced by the courts to sell the asset (the club) which they did to another company from the US

RFC 2012 (a company) went bust but still had assets, another company (previously sevco now TRFC ltd) bought the assets which included the club
It makes no difference if someone buys the assets of a solvent company or an insolvent company, the asset remains the same

Now that is my very last comment on the subject over to the east end law/tax/contractual experts for the usual retort,

JG

JG

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@8 good question but FS the answer is obvious
It is because the players had contracts with the c-----y not the
c--b

JG

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JG you keep saying last post, then post again. The liverpool went to court to force a board to accept a sale..... old the holding company from one owner to other.

The club (owned by holding company) held contracts so these did not transfer as no change of ownership.

Issue with rangers is "Rangers FC" held the contracts and it went bust, and then contracts/assets/goodwill bought by NEWCO - but this does transfer ownership and therefore contracts became new.

Its very complex and hard to follow, poor bear, but its pretty simple.

Rangers SFA "golden" share was only thing transferred (from RangerFC to NewCo) - but to this clings rangers history and any dishonour that brings - including penalites for ebts and the like.

Newco could have whole new SFA share - but they would probably fail to meet that as no trading history.

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JG you are the biggest belligerent denier in here mate. It's what you truly truly believe in your head. But it's ridiculous and wrong. The system in this country: SFA/ companies house/ lord N-S, etc.... Have given you months to get used to the idea. I don't expect you to change. But after the formal ruling on the issue, please try to get over anger as quick as possible and achieve acceptance, move forward without a big chip on your shoulder.

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11 Dec 2012 13:05:41
Ed I was confused at the now even more confused why did we pay 750,000 for Templeton? 3rd division sides shouldn't be paying transfer fees like that, also ed do you not find it strange the share issue coming out a WEEK before Xmas? Starting to worry about green. {Ed001's Note - it does seem a strange acquisition, I am sure that Ally and Green had their reasons for it, personally I would think there must be cheaper options out there. I am sure they were thinking he could be good as the basis of the team, even at a higher level. The share issue seems to have just been produced as quickly as possible, it just happens to coincide with that particular time. It does make you wonder how much cash is actually available to run the club, the speed of the issue is remarkable but not unprecedented.}

Believable7 Unbelievable0

Not unprecedented.... come on Ed, be fair, name some companies that floated on AIM after just

30 days of incorporation, now full audit or years of trading statements.... ?


hmmmmm nope beats me. {Ed001's Note - I have seen a list of companies that have done the same, just because you haven't heard of them (nor I for that matter!) doesn't mean it hasn't happened. It is usually done to raise money for an expansion or similar though, not sure in what area Rangers can expand, which is why it is worrying that is was done with such speed.}

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Maybe greens £90,000 payment was for negociating this contract?? who knows... only green sadly.

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If the money in the bank at the end of August (which included all or atleast a substantial amount of season ticket revenue) was around £3M and wages are around £250K a week plus everything else, the walls are abound to collapse

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OP - you need to go lie down in a dark room if you are that confused
buying him for 750k was a great piece of business for rangers, if he was not going to be out of contract his price would certainly have been much higher, especially after his performance against liverpool
this young guy has the potential to develop into a very good player who could be worth a few million to us in a couple of years time
also if you have been that confused that you have forgotten about the embargo, then the players we added in the summer will have to take us through the next two seasons so some quality was required
I have never heard of any supporters complaining about signing good players before (you sure you are a bear not just Ed-01's mate), I for one was glad we signed him and I enjoy watching him play, he is one of the better players that we have, he is never afraid to have a go from outside the box or take a man on

JG {Ed001's Note - I don't think it is his ability in question, more the price paid by a club that is playing 3rd Division football. That amount should be able to build a whole squad for this level.}

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I have no doubt the share issue is to get us through the first year only. I fear the ST money is all gone. From £8m to £4m on 31st August to who knows 4 months later, especially with salaries at £3.5m for 4 months not including all other bills.
I don't expect any corporate take up on the shares at all. Why would any corporations throw away money? After all its a kind of donation.

Agree11 Disagree3

How can 3 years playing against lowe league scottish clubs like elgin , peterhead, alloa etc week in week out add millions of pounds to a players value (i could understand if rangers were in spl and he was playing well every week but he will be in his mid 20s by time rangers are in spl and he may struggle against playing quality opposition for each week.

The player was a good spl player but 3 years in lower leagues will not be good for his development.......

Agree9 Disagree1

Templedon is huge gamble on one player, in lower divs one missed tackle from parttimer and thats it, whereas eds point about spending same across a squad is key

ally gambles all or nothing, on one or two key players.

Agree8 Disagree2

@7 i would think we would mitigate the risk by taking out insurance against serious injury for our players

JG

Agree0 Disagree3

@8 but insurance for that quality player will cost a fortune, hes in div 3 where part-timer could kick the hell out of him.

Do you think newco can afford insurance for thier players, will be money upfront, not monthly payments, not after oldco went tits up.

No-one will sell players to newco with payment in installments.....

still gamble. Even if insurance pays, no player on pitch and cant sign new one to replace him.

BIG gamble. {Ed001's Note - insurance is based on the size of the wage.}

Agree1 Disagree1

11 Dec 2012 12:43:16
Lots of quotes from Green

http://www.cityam.com/latest-news/rangers-shoot-20m-junior-market-offering

including, rise to £500 next year for season ticket in Div2.

Believable3 Unbelievable3

Potential rise, and increase to 40,000 season tickets bringing in £20million.

Agree1 Disagree7

No working class person will pay 500 pound for a season ticket for 2nd division never mind 40,000, try 15,000 if tickets are that price.

Agree7 Disagree2

40,000 at £500 is deliberate misrepresentation by Green.
He's addicted to DEliberate Misrepresentation. This is why they've been playing numbers games on blogs and their poodle hacks in press. To con London based investers into thinking they've got paying crowds when it's empty Ibrox or people with a Charles Green free entry ticket.

Agree6 Disagree3

Rangers fans have showed great loyalty and deserve credit for they're support in buying 36+ thousand season tickets this season especially when you consider the standard of football and opposition they are seeing BUT i think it would be very unfair to be asked to pay £500 to watch 2nd division football and i wouldn't blame even the more enthusiastic punters from saying no to that. £375-400 is a bit closer to value.

Agree7 Disagree0

Why tell london 26,000 shareholders in last firm lost thier shirts.... its like a setup to fail so only the fans can help

Agree4 Disagree1

@5 all your eggs must be double yoked,

i dont think the fans that had shares in rangers oldco lost their shirts, considering one guy had 87% of the shares then some fans had ten, 20 or couple of hundred quids worth
not all the family savings were invested

JG

Agree0 Disagree2

11 Dec 2012 11:51:48
I have to say I was feeling for players who were going lose their medals if we were stripped of titles after reading they could take us to court I couldn't give a monkey's about them anymore.

Believable15 Unbelievable7

OP and all those who agreed - why? what have they done?

JG

Agree1 Disagree0

 
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