21 Nov 2025 14:07:56
Our accounts have been published today.
Imo a positive step forward, accounts are to 30/6/25.
Key issues I take in financial year, we paid over 6 million in money due to directors, mainly Bennett. Directors also converted loans they were due to shares, 18 million
Bennett and wolthartd both let millions to keep us going throughout the financial year, both will be paid back prior to 2028 on a quarterly basis,
As I have stated, bet been rubbishd by many John Bennett holds security over eh to cover nearly 10 million for a separate loan he provided, this is being paid up to him over a period of time at agreed instalments, then security will be released back to the club
How lucky we r that these men put up money and have not demanded it be returned at any time and only took 4% interest. Not the 20% we were told by someone who had read the loan papers
The figures clearly do not show any transfer business after 30/6 ie proper igamane Dessers jefte Yilmaz et al, nor incoming
Still a loss but positives there, including salary reduction
Next years figures should be very interesting
Finally no talk of meeting 7 million, like last year to get us to end of season
Still lots needs done.
21 Nov 2025 15:21:20
Good update John. Thank you.
21 Nov 2025 15:23:48
Certainly is a step in the right direction.
Without this takeover, I'm not sure how long we'd have lasted.
21 Nov 2025 15:49:36
Thanks John ?.
21 Nov 2025 16:07:22
Great update John!
21 Nov 2025 16:22:21
An aside the figures as stated do not show the four games played at Hampden, where it was cost neutral on income and payment to SFA
TWO MILLION POUNDS THEY CHARGED US FOR THE FOUR GAMES.
21 Nov 2025 16:22:51
John i understand your views on the loans directors have but we are in the mess we are mainly due to there incompetence. Who was in charge when we sacked managers and backed beale who was in charge when we lost millions having to relocate to hampden and the mess pc had to deal with thst season.
Ty to them fir there servive but i'm glad they'veleft the club couldn't survive with any more errors no matter how well intentioned.
21 Nov 2025 16:43:56
Onewalter I have a totally different view we r only here today because they poured millions into us
Onewalter what about this seasons mess. employ Martin, buy Chermiti
U refer to peoples incompetence so can you list Bennett's incompetence
Or king, or park or Thornton Gilligan a very serious question.
21 Nov 2025 18:01:36
Ows if it wasn't for them they would be no club. How do you not understand this?
21 Nov 2025 18:10:00
Excellent post John ?.
21 Nov 2025 18:12:59
Either way these men will forever have my thanks for what they did for the club. people are quick to forgot sadly.
Sure mistakes were maid likewise with the Americans. that's football in a nutshell, u hope u get more things right than u do wrong.
21 Nov 2025 18:36:52
Onewalter a good podcast from four lads worth a watch, also Taylor on you tube
Also I did not mention our first team set up is 38% off our revenue, financial guys says UEFA allows 70% I thought this had mb changed to 60%. Could be that's next accounts.
21 Nov 2025 18:38:12
These men should be forever remembered at Ibrox park.
21 Nov 2025 19:43:29
John Gilligan an absolute gem of a guy for me and Rangers to the core ???Also and always have been a big fan of dave king and paul murray ???.
21 Nov 2025 19:48:38
Good info John, if it wasn't for these guys we would have gone to the wall again eh, you've more chance of meeting them than I have eh, so if you bump into any of them or have any corispondance with them could you thank them from this wee guy, cheers.
21 Nov 2025 20:18:07
Storm I simply have a different opinion who don't you get that?
21 Nov 2025 20:20:21
John i thought taylor spoke well and I. ll try get the 4 lads podcast. I think on the previous board we will never agree but that's why this site is so valuable where we can air those views.
21 Nov 2025 20:43:01
OWS, so is it your different opinion that these guys didn't save Rangers?
21 Nov 2025 20:57:39
It's not an opinion tho it's factually correct if it wasn't for them there would be no club. That is not hard to understand ?.
21 Nov 2025 21:03:03
One Walter how can u not recognise Bennett giving Rangers 30 million loan was excellent. How can u say he's incompetent
Park wolrhardt Scott Gibson MacLeish between them 40 million u call them incompetent.
U do not back up your statement
Would u prefer these Rangers men did not bail us out constantly since 2015 What do u think would happen to our club
They put that money in to try restore past glory's imo they deserve the respect of all Rangers fans.