Rangers Banter Archive February 17 2015

17 Feb 2015 20:40:08
Now we know our egm is going to be at ibrox which of course is a massive plus for us the down side is that its no longer on wednesday the 4th of march and the date will be now put back god knows how far back knowing how devious & inept this board of directors are guys, ed, how far back do you reckon they'll set the new egm date and is there any stock exchange legal rule on date parameters to when they have to have the egm?

{Ed039's Note - I honestly have never known anything like it mate so I dont know what the score if with that. I dont know what not on 4th March, there is no game at Ibrox on that day)

17 Feb 2015 21:54:45
ED039 on BBC it stated 6 march most likely date

{Ed039's Note - I am convinced it has something to do with draw down of final tranche of £5m from MA and a standing charge over further assets)

Jr there. Are no home games before the 4th so there should be no excuse to change that date.

George123, This regime will use every channel possible to ensure that, unless a deal is made with Dave King, the meeting is delayed. I think they realise, now, that they are goosed and as 'password' states in a later post, they are 'tidying up'.
I just feel that like the iceberg there is far more under the surface than we will ever see.

Billyb correct the goings on will be of massive proportions and will take years to come out, my own belief is that criminal activities are currently being covered up hence the desperate attempts to stall this e g m.

18 Feb 2015 08:19:02
Mike Ashley might be a money grabbing c--t but there's no way he would be involved in anything criminal,

Aye true Hooley . And all the staff at USC will agree on that too.

Would you consider taking goods and not paying for them criminal or normal business practice?

Hooly78, I agree that he would never get his hands dirty. Thus, his no comment policy and little, if never, hands on, but have no doubts there will be nothing that passes his scrutiny. He will set tasks and expect them done by his underlings. How that is achieved is down to his responsible associates. I don't think he would be involved in anything criminal, but I have no doubt that our accounts' details are somewhat ''interesting''.

18 Feb 2015 09:23:23
I agree he is a low life money grabbing fat piece of sh, but any thing he does is within the law the usc thing is typical of him and his like, no law breaking though, I fear even after egm he will still be involved dave king said as much, sports direct where described as Britains worst employers because of conditions of contracts etc but all legal, don't get me wrong I despise him as well but I just don't think he would be stupid enough to do anything illegal

Mike Ashley better watch his halo dose not slip down and choke him eh,

Depends on your interpretation of the word legal, try asking the former uk supplier of the diesel brand. I'd be willing to bet they would give a pretty clear description.

George et al, any sort of accusation that Ashley has put a legal foot wrong is wishful thinking from the King camp, who know that would be the only way to get rid of him.

Rangers is a side project for Ashley, small beer in terms of money. He's not going to risk it all to win another few quid on such a small game of poker.

ED039

As far as I am aware they already can now take security on Ibrox were thy to request it. You may be right about the stalling tactics

That said what boils down to is EGM victory then ashleys position is hugely weaker. There is so much illicit dealing regarding the contracts issued to ashley (as admitted by somers in the leaked email) that I honestly will be very surprised if any of them will stand up to forensic and police investigation.
One glaringly obvious contract that stinks is green selling our kit deal on paper for a song but it totally favours ashley % wise. Who in their right mind would do that with a very saleable asset, unless their was some underhand dealing such as a private payment to green/stockbridge. The deal stinks to high heaven as does every deal the board have done with ashley.
I think the document shredding has been in force now for weeks I will not be surprised when King and co take over that there is the biggest mess ever to go through accounting, invoice and statement wise.

I think as King stated ashley will find his funds frozen and every contract he has been issed at the least put on hold if not contested in the courts

i am george

18 Feb 2015 14:12:58
George123 that would be wishful thinkin

George slips in and out of delusion, now and again. This is another example.

Expat let's wait to see under the bonnet before we decide how clean the fat chap is eh.

17 Feb 2015 18:45:15
Can I be the first to thank the supporters of the other team in Glasgow, your tweets to the grange hotel group in London have helped us rangers supporters achieve what we wanted, grange hotels to cancel and the EGM now at Ibrox.

17 Feb 2015 19:19:49
There's only one other team in Glasgow? I'm sure they're delighted though as it appears Dave King will win the day.

PB1. I concur my learned friend.😃

Wooooopyfuc#igdooo. & an EGM held at Ibrox is a victory lol

17 Feb 2015 17:47:25
EGM will now be held at Ibrox, date not confirmed. source BBC

17 Feb 2015 18:25:50
In decades of watching football I've never come across a soap opera like this anywhere. Danger now is that the world and its wife will want to be there and the EGM could well be over before it starts. The best thing for everybody to do is stay away and let the money-men sort it out. If you decide you must be there, please try and keep emotions in check. Don't give them any ammo

Every Bear that attends should wear a gag and T-Shirts with EGM OUT RATS GTF on it and sit in silence just to show them what we are capable of

Then part like it '55 after the board are escorted by security from Ibrox

Just a thought

or party poppers and party hats

i am george

I know one guy that will be there if gags are involved. LoL

Gkk

lolol forgot about OCRSC our own wee gimp

i am george

17 Feb 2015 17:33:51
We all know that The Bored are playing silly buggers, and that they picking venues that do not and would not want a contentious horde descending on them - it was never going to happen, The Bored are just stalling.

I think King and The Three Bears might just be contacting The Stock Exchange to determine if they can impose their own venue - Ibrox? Or a similar venue - must be loads of hotels in and around Ibrox.

IT WIll BE AT IBROX.
😊

17 Feb 2015 09:53:01
What about Steve Clarke and Ian Ferguson (who's reputation seems to be high down under) as the new team to lead us forward although it would probably he difficult to lure fergie back home as it seems he's enjoying life in OZ but mabey it would be an offer the he'd just feel he couldn't turn down due to his love of the club and he'd also give this under achieving squad a good kick up the arse and they'd know who's boss but of the usual names mentioned I don't think Billy Davies or Terry Butcher are the answer butcher didn't do too well when he went to OZ and I don't think McInnes would jump ship without some serious guarantees about budgets ect which then leaves McCall as the only real possibility from the 4 names that are constantly put forward on this site.
What do others think??

{Ed001's Note - the Steve Clarke that just took over at Reading under rich new owners?}

17 Feb 2015 11:22:20
With the Rangers fans mentality not really changed since the Murray era, why not go for Wenger or Mourinho lol

Ed001. just thinking out the box here, if the board no they are at risk of being kicked to the kirb, I would think they would offer other shareholders decent rate for there shares to stay in power.like wise with king and bears.do u think there will still be probable shift in major shares parting hands or the other shareholders will bank on king winning and see share price rise above what both parties would offer.

{Ed001's Note - if a takeover is in the offing, share prices always rise mate. That is why these kind of boardroom battles are usually kept quiet, because of the possibility of the share price rising out of reach. I think you have pointed out a very real possible problem here. King might not be able to buy out everyone else.}

King is another whyte. He is doing this so he can say he tried. Take the flack off him.

Ed001. thanks for clarification on above post.

{Ed001's Note - you are welcome mate.}

Matalmickey

Jeez you lot must be bored to f**k up there with the big boys lolol
I am looking forward to taking the usual piss out you next season when the new Rangers 'model' ie fan ownership takes shape.Salary caps and a balanced set of books this is the future Rangers not boom and bust as you are hoping for.
We will have in place the manager currently giving your team a run for their money on a 10th of the budget with a third of the fans (depending on how many turn up at meccano park). or McColl who also built a team that gave you hard games on zero budget.
So I fully expect us to match celtic and win the league next season or at the latest the following season

My reasoning?

Every game we play will be a cup tie revenge mission when usually we only had big games against you, the sheep and the arabs. All the other games it was a struggle to raise the team level due to average opposition and general fan apathy at foregone result expectancy

Not when we return.

Celtic meanwhile as champs (assuming you don't bottle it and lose to the sheep) have every game teams raising their game against the champions.

The pressure is all on celtic plus you will have the extra euro games like this season (Inter Milan away knocking you out then the sheep will beat you in the league)
We welcome the chase as always and we hope that celtic and their fans think that the shambles of a side mccoist built is going to be anything like the team you face when we are back

i am george

17 Feb 2015 13:33:56
George I agree with most of what your saying, especially about having a salary cap and balanced set of books, but Paul murray has already said they might have to overspend on the team, I don't think we should be doing that, we have to start living within are means

17 Feb 2015 14:17:01
Ha ha George "challenge Celtic next season" which comedian writes your scripts lol

They will do an initial "write off" of I reckon 10million there is no choice other than to do that to compensate for the mccoist disaster.

That does not burden us with debt or overspending as it is writen off to address the problems we have.

After that we can think along balanced books etc etc

I agree with King and Murray on this as were we to just try to catch celtic on an immediate balanced books basis we will remain behind them for at least 5 years which is not acceptable

i am george

Lol. Wot money is he spending. Is it just me or do u live in fairytale land. Take my club for instance. Run well but have no money to spend. Not bug money anyway. Where are ure club pulling this astronomical amount from.

This is not acceptable George. Wot kind of statement is that. I've said many times on here ure club is arrogant. U epitomise this. U are no longer the club u were. Deal with this and u will get somewhere.

Martyr hoy that is the first time any of your lot have admitted yous have no money, something I have been posting for 3years now only to be told I was wrong, lol so for your admitting it I will give you a crackerjack pencil.

Tims R Us

There is no option but to write off 10million of the proposed 16million investment and tbh it will I can almost guarantee be a 20million or even 30million write off

You say "where di money at"

Well considerig at Rangers lowest ever ebb we managed to generate 50million plus in season sales and share issue only to have been conned as part of ongoing financial mismanagement (translation = fraudulent scheme) there will be absolutely no problem with Rangers fan base at a time when Rangers needs us most to us being part of a further raising of 20 or 30 or even 50million if that is what it takes to get Rangers back to the top. This has to be in the form of raised capital to write off to repair the damage done by the board and mby mccoist.

Fans knowing it will be going to the Rangers team and stadium/youth development/scouting system will have no problem with this

You are aware of the fact that close to 250000 Rangers fans went to Manchester in 2008 at a cost of hundreds of pounds each? So think about it do you really think Rangers fans are going to have a problem helping fund the ACTUAL rebuilding of their team and all its facilities?

Anyone with common sense realises that when you are talking matching celtic you sre talking winning the title every second year on average which with the easier path into Champs League means a pot of 15/20million pounds every 2 years and knowing how we will likely win more titles than you as it is what we do the money is a safe investment. TV money and sell outs every home game puts serious more millions into bank aswell mind.

The secret to its success is in writing off the initial 10/20/30 million whichever is required THEN getting your books balanced after that.

Fan investment, share issue and board own wealth investment will ensure this happens

IT IS NOT THE SAME AS MURRAY THROWING 80Million at Euro Cup dream this is an investment in foundations of the new regime and youth development at Rangers

Probably too difficult for you tims to understand so just sit back and watch as we eventually draw level then pass you

If I am wrong slag me off in 2 years I will still be here and always be a Rangers fanatic

i am george

Scottish football has no money. Obviously. Is this not part of the reason u are wot u are now. Which I have yet to figure out wot that is. A shell shall we call it. Anyway. I all I want to know is where this money is coming from and who is willing just to throw at minimum 50 million quid away and kiss it goodbye. Cum on waken up.

Why don't u just play ure wee game of fantasy football again and let the innocent pick up the tab because u are glory hunters and crave the success.

17 Feb 2015 19:08:30
George you really are hilarious or deluded. There is no possibility of raising that kind of money. Rangers are currently 3rd place in the 2nd tier of Scottish football and you think we'll be challenging Celtic next season? It is a nice dream but realistically it will take several years of living within our means and developing youth players to eventually build a team capable of challenging for European places.

Of course we could follow your model and go bust in 3 years.

Marty and KEBAB

We raised 50million + in the bottom 2 divisions whan ally and green heralded us with promises of great future and war kitty

Why would Rangers fans and a board of businessmen devoted to rebuilding Rangers not be able to do that again entering the top division and with the fans involved in ownership/membership

If Rangers First reaches 50000 which I believe it will after the EGM it will not take a rocket scientist long working out a membership investment scheme to raise millions for the rebuilding of Rangers FC from youth structure, scouting to top team and the stadium. Anyone that thinks Rangers fans will not unite and join with the board in refunding our team is deluded

What people are getting confused with here is I am not talking layoing out millions on signings and wages like the Murray era I mean what King and Murray have been talking about fan ownership and the complete overhaul of everything at Rangers the fans wil buy into this

The board which I believe will have members from 3 Bears and a fans rep will no doubt have a business plan that will involve corporate investment, personal investment and fan investment

i am george

George it would take me a month I don't have to point out all the holes in the madness you typed in this thread but please just answer me one question. Where is this balanced set of books coming from when you will already be £29m in debt "payable within a year" to the parent company and others?

Gaz I

17 Feb 2015 22:18:49
Fair enough George. I'm all for fan ownership. However your idea that rangers will be challenging Celtic next season or in the champs league within the next 2 years shows that you are getting ahead of yourself. Also I can't imagine there will be too many corporate investors given the recent history of the club and losses of previous investments. I admire your optimism but I'm afraid it is misplaced. The only income that will be available to the club will be ticket sales and match day income, onerous contracts account for all other income. So you are relying on the board and fans investing. I think there is still a lot of pain to endure before any glory.

Gaz and KEBAB

I have already given an outline of where the funds will come from.

I think you are both underestimating the lengths Rangers fans and future shareholders will go to if they TRUST the new board and are shown a business and football strategy taking Rangers into the next 100 years.

For example we raised 50million in Div3 and 4 of Scottish leagues diue to the rallying call of Greens con and allys support of this con

You seriouly are telling me that if it means putting us back at the top of Scottish football after the worst 3 years in our 142 years history that fans and rich investors will baulk at raising another 50million to be put to proper use by as I state a trusted board?

I personally would jump at the chance of being a Rangers OWNING fan if the board can put a deal in place for us to buy into Rangers even if it was 250 pounds 500 pounds or a 1000 pounds.

250000 Bears went to Manchester that level of support if asked to will rise to the occasion

Paying say 500/1000 a head to have a membership scheme and shares issue to forever guarantee this 3 years nightmare can never happen again would be a no brainer for ever single Rangers fan that has been through this torture.On top of this King and the new board members themselves assuming 3Bears involvement have between them shown a total of 24million available and stated it will be a write off NOT a debt Rangers owes this is the point you all keep missing. A write of of 20million or more does not put us back in debt it is writen off that is the point. King and Murray have already stated this and they reassessed the figure to 25million based on things like the disgraceful state of maintainance of the Stadium for one thing.
All debts wiped and with Magath in place to oversee development of youth and scouting plus McInnes or similar in charge of team affairs who would say no to this type of investment.
Like I say it is not the same as Murray overspending as after the initial capital sum raised is invested in the restructuring it is the income from seasons, mostly sell out games, TV contracts and renewed kit and sponsorship deals will all happen and we create a wage structure and player sourcing policy that fits in with the finances we are generating from this restructuring, ie balancing the books
I honestly think most Rangers fans will buy into this

i am george

Okay, I'll bite despite all sense in me telling me it is a waste of time.
1) Institutional investment in Rangers will be practically non existent due to the last few years and let's face it, it is no way to make cash any way. Bill Miller with his £30m burn and all that.
2) There is no way Rangers financial problems begin and end with the £29m which is already at the very upper end of you write off. Even McCoist's wage till December and Mcdowall's till January should see you above that.
3) The squad has 12 players out of contract in the summer, a whole new team is required, I don't doubt there is better value for money out there but they still need paying.
4) Do you really think King is in this for fan ownership?
5) The big pink elephant in the room, Deeds of Novation, look it up, get back to me. Because until that is sorted this club is going nowhere
6) You say this £30m write off is an investment in foundations not comparable to throwing £80m at the European Cup, if these investors exist how come none of them came in when Green was prepared to sell to Smith's consortium for much, much less? Surely buying the club for £11m was better than throwing £30m down a hole?
7) Celtic have had these pesky things, I believe they are called yearly annual accounts profits, the past few years, you reckon we'll just lie back, fail to invest and let this happen?
8) Rangers more years than not failed to make a profit when winning the league and in the Champions League, why would that suddenly be different now in a club that needs massive investment to pay debts and get even remotely close to on the field parity.
9) There is no guarantee King will be allowed anywhere near the club, with any of those 3 concerns, failure to to be seen as fit and proper on two counts with the football authorities and perhaps one with AIM where would that leave his investment in this?
10) Ashley has many of your merchandising contracts stitched up for years.
So in summation, this club can't have a write off of £30m (as an optimistic bare minimum), hope to make a competitive team and generate enough cash from other revenue sources without the guts of say £70m, in football terms alone, Van Dijk may be worth more than entire teams Rangers have fielded lately, that is the chasm between these clubs right now George. And it still fails to establish who owns the deeds. Cloud cuckooland stuff at best and I guarantee I'll have forgot other forthcoming problems as I was too busy laughing at your suggestions to actually give it my full attention. Oh here's another, this is based on getting out of the Championship I presume? Do you have any faith that this current squad can get by Hibs and others in the play offs?

Gaz I

Gaz!

I am prepared to be shot down if I am wrong.

Near 2 years ago I warned of EVERY thing that this board has done I even came up and handed out fliers called The Old Firm Long Firm and now 2 years later Whyte and his gang of four are going to trial for a fraudulent scheme (see Jake Arnott book The Long Firm and you will see detailed EXACTLTY what Whyte has done) I also stated the second phase of this "fraud" would entail gross financial mismanagement of funds by the Green board. I think it is clearnow that is what has happened and still happening.

So based on my own business experience I am prepered to bet Rangers WILL be a fan owned or fan membership Club on the lines of Barcelona. We will draw funds from this fan membership matched by corporte funds through King and his board colleagues. They will rebuild Rangers at a cost of between 25million and 50million which will be written off. We will have in place after this a youth development, scouting system and a financially prudent wage structure based NOT on the write off funding but on our actual income balance from seasons, advertising, TV, KIT deal after ashwipe dealt with, (somers email states deals are dodgy), and probably Stadium naming etc etc.

If I am wrong I will still be on here I said that 2 years ago when I warned of the fraudulent activities and I will take the slagging in a year if I am wrong.

We just need this EGM to go through and the future will be bright. 2016/17 contesting SPFL and we can beat celtic that season. Any tims that think we won't have a stronger team than Aberdeen are deluded, if we get McInnes we will end up with a few of Aberdeen's best players anyway just as tims took Dundee United's 2 best players it is the way Scottish football is, 50000 and 60000 crowds and TV mean Rangers and tims cannot ever be on Aberdeen or Dundee Utd level ever again.

i am george

18 Feb 2015 20:17:42
Thank you Gaz. Although I'm sure George will dismiss all your very valid points for his pie in the sky nonsense. George clearly is one of the head in the sand brigade who sat back and did nothing during admin and liquidation expecting a sugar daddy to ride in and save the day.

KEBAB

Read my last post I was right before and I will be here to be slagged off if I am wrong with my predictions I will be on here in next year to be slagged off

i am george

George I've been in here pre-admin so I'm well aware of your claims regards all of this several years ago and you are to be applauded for it, I recall arguing in here the very day Whyte won the right to choose D&P as administrators so I'm not exactly new to the story, the sham or indeed the site as Larky Bear etc can testify.

I applaud your every effort regards looking out for the best interests of your team but surely after all this misery of just over three years it's time for utter pragmatic realism and not the Disney fantasy you are projecting in this thread. You haven't shot down one claim I made, not one. The last thing Rangers fans need is even more smoke and mirrors from a guy who saw the whole thing as a money making exercise from the start.

I argued tooth and nail in here regards Carnoustie, Green's bonus per division, you name it but it met with deaf ears in the most part because I'm a Celtic fan, but you are blowing as much smoke up folks arses as anyone here with this nonsense.

I'll be honest with you I fear any honest, legitimate Rangers at heart folk getting their hands on that boardroom might open a Pandora's box of woes best left undisturbed such is the clusterf*** that is Rangers right now. It may well turn out to be the most thankless task as onerous contracts, deeds rights, everything are still very much subjects we know precious little about. No deeds of novation, Whyte has a claim, does Ashley strike you as a guy who leaves any contract details to chance? He still has his claim of 2 board members of his choosing till the loan is repaid and who knows what he has up his sleeve if the second tranche of £5m is drawn prior to the EGM and I have more than a suspicion it will be. At this stage such a rosy prediction for the next few seasons goes very much against everything you have written to date and frankly belittles your earlier efforts as it is so off the chart fantasy stuff. I understand any glimmer of hope being pounced upon after these three trying years, I really do, but honestly such is the sugar content of your posts in this thread it should come with a diabetes warning. :)

Gaz I

Abhabh I am George sat back and done nothing during addmin and liquidation? What could he have done?

19 Feb 2015 00:08:07
George123 I will reply to you as I am George won't reply to me. He on his own could probably do very little if nothing at all. The problem was that the vast majority of fans stood back, did nothing, and allowed admin and liquidation all the while waiting for a rich benefactor to ride in to save the day. Now he has pinned his hopes on a convicted criminal to save the day who throws out the odd sound bite with very little substance to appease the fans. It all seems a little familiar.

AVAKEBAB

Actually I did do something back then I was on here and other sites 24/7 trying to arrange a protest and arranged to come up to Glasgow from London and printed off 2000 fliers explaining in detail how the Fraud at Rangers was happening and warning that Green and co would asset strip us and cash strip us of millions which they did

The day I came up only 10 people turned up LUCKILY one of them was Craig Houston and we went for a talk and this led to him setting up the Sons of Struth so ABAKEBAB before you accuse people of doing nothing know your facts I did what I thought was right tried to raise awareness of the crooks in Ibrox and I think you would agree the SoS movement have been a huge thorn in the side of the board? Craig has worked tirelessly and only wanted Rangers and Ibrox to be protected from these criminals

He will get his glory day at the EGM and I am glad that I was a wee part in starting that movement . what have YOU done in 3 years outside of typing on a banter site?

i am george

19 Feb 2015 08:10:05
Hi George are you referring to me? I assume not, an intelligent adult wouldn't stoop to the depths of name calling. When did you print your flyers? Post liquidation I believe. I applaud what you have done since but your optimism about what will happen post-EGM is seriously misplaced. I prefer to maintain a pragmatic view of things and I realise that there are years of pain ahead.

ABHABH with some of the fanciful nonsense he has imagined I'd be actually impressed that you drew his attention enough for him to get 2/3 of the letters in your name correct. :)

He was closer there than his "Project Rangers 2015/2016" will ever be. Name adapting etc is nothing new in here I've been all sorts to the point where one guy vigilantly stalked Celtic sites, didn't see my name and immediately made the assumption I was an Aberdeen fan??

Gaz I

19 Feb 2015 17:26:49
Haha Gaz. Very true. It's just a shame that some people haven't learned from recent history.

*removed*

{Ed001's Note - you can't just copy and paste in articles mate. Post in a link if you really wish people to see it, but that is someone else's work, it is not right to steal it from them, so to speak. Even though I know that wasn't how it was intended, that is how it would be viewed.}