09 May 2025 21:25:26
Also in the FAB minutes that FSR rules have changed so that expenditure on everything from the stadium to the training ground is now included. This will likely slow the pace at which progress can be made.
Agree0
09 May 2025 22:35:19
Stadium development is what it said wasn't it? so the owners can't spend £100M on stadium to increase turnover by extra £xM every year through extra gate money. wouldn't have included EH or other infrastructure spend. yes might affect stadium improvements but does it slow down it really at least initially.
03 May 2025 17:20:46
Red Bull as possible front shirt sponsor total non story. If happens brilliant because got to be better than Ivor Smallpiece parochial bookies nobody kn̈ows. At least worldwide product raise gers profile.
Agree0
03 May 2025 22:54:05
Those bookies whether you like it or I want them have given the club a lot of money over the length of the contract. not sure which business is worse tbh as both have their downside.
01 May 2025 11:19:35
Apologies new post regarding selling edmiston house. Would this be tactile so another 15 million is put into the accounts meaning we have a higher turn over also meaning we can have a higher transfer budget and still stay within ffp. Thoughts of any1.
Agree0
01 May 2025 17:43:05
Possibly it would be. my worry is it isn't much more than we paid to build/ develop it so even if there is a share of profits then is it a really good deal for club. but does it matter of the club is owned by the people who will own us. only relevant if they sell us but not EH.
07 May 2025 09:44:05
Not sure about how FFP goes, but it's not sustainable anyway. a one off sale might boast revenue, but only for that season. Thereafter it's a cost to us if we rent / lease it back.
01 May 2025 06:26:06
What is the price per share of the offer now accepted to secure 51pc of the issued share capital?
Agree0
01 May 2025 18:58:31
It will possibly be different with each existing shareholder who is selling to them. the club isn't listed on the markets where you can see the price of transactions or at least I can't see this anywhere. so answer is I don't know.
02 May 2025 08:25:07
Thanks Angus, so you believe possibly purchased different holdings at different prices. Could be but I would be surprised.
02 May 2025 23:28:39
Hi Angus, do you think listing the Club on a Trading Platform is something the new owners will look at, I don't know much about that side of things.
08 May 2025 12:40:30
Irvger I'd hope so would protect the club more if they did.
30 Apr 2025 23:02:15
Would 1 way to get around the FFP rule be, say Rangers sold Ibrox to RedBull to be rebranded 'RedBull Arena' for say £70m could that in theory be used to buy players and avoid FFP?
Agree2
01 May 2025 08:31:56
Ayrshire. If RB have no connection to us then I think it would be an option. However we would then no longer own our largest asset and have to pa whatever rent they decide to put on it. there are a couple of instances in Scotland even where the landlord and the club tenant have fallen out and the club have had to move. I don't think the club will sell Ibrox.
I think what you might mean is sell the naming rights to the stadium though for a multi million fee for a number of years. and as long as that matches fair value then that is a way to generate cash. it is also something which can be repeated every 5 years contract.
01 May 2025 09:52:35
I wouldn't want Ibrox sold.
I don't mind it being called something else, but not sold.
01 May 2025 12:52:56
You do t need to sell it and just naming rights will raise a fortune.
01 May 2025 15:12:54
I agree with u lately.
03 May 2025 11:17:14
Ibrox should never be at risk and should always be owned by the club. Naming rites i don't mind.
24 Apr 2025 17:58:05
John, could i ask you what state financially our club would be in without this takeover?
I thought i read somewhere we were having to borrow money to keep going. Are things really that bad?
Agree2
24 Apr 2025 18:51:27
Mark since 2012 the board have had to give loans to the club to be able to spend what we have been; somewhere north of £100million. this is one of the reasons several on here have been arguing for the board whenever fans say they are only in it for the blazer. they could have bought enough blazers to fill Ibrox 100 times over for that amount.
they were cutting wages and overheads to stop them from having to do that. Not ITK but that to me meant we would be closer to stability but might not have been able to compete for a lot longer. might be miles off and we were close to another 2012 than I think.
24 Apr 2025 22:18:30
Mark imo if it had not been for park senior and undoubtedly bennnett and Scott in last two years we would probably have sunk, we needed stage payment from Europe to get us by.
26 Apr 2025 18:31:48
Tell me john, do any of those guys bear any responsibility for the club being in such a position? Fgs we committed money for the likes of ED house i believe 10m the stadium upgrades the wage bill who agreed to that so whilst those men have done so many good things they've also been at the heart of decisions to put the club where we are.
26 Apr 2025 19:00:14
Your opinion one Walter. We need to spend on capital projects to realise revenue
Did I pay the wages. Did u pay for Edmiston house then convert to loan
Very easy to moan.
26 Apr 2025 19:29:31
As John says we need to commit to infrastructure to get revenue to eb able to spend more on players and wages. if we hadn't spent it there we couldn't have spent it on players as it breached FFP laws. there is always the criticism they are in it for the blazer. well some were paying multi millions for their seat when they could have just let us die again by paying just £500 to watch the team.
26 Apr 2025 23:17:42
Angus and John, thanks for your replys to my question.
27 Apr 2025 12:02:14
John,
i can't pretend to know the ins and outs of what the current board have put in, but I do know after 55 they've overseen our club fall way behind. Hiring and firing managers at a cost of millions, signing off projects when it appears we had very little money or is that why Bennett loaned money for ed house at 6% interest.
Incidently the same man who appointed bisgrove, signed off Beale and his ridiculous use of the little money we had left us without a sporting director for 2 years and was in charge of the Copland road fiasco that probably cost the club any chance of cl football by not having Ibrox ready and sanctioned a contract extension for a man in the job little under a year only for that man to be sacked months later costing 100s of thousands in compo. Good riddance to that lot, John.
27 Apr 2025 13:34:26
That's it, Walter, the men that saved rangers,6% is an incredibly good interest rate, re Bennett putting in 23 million would u have done the same.
Majority knew Bennett was desperate to get out, why do u think he met fox and others, he has been trying to sell for three years.
27 Apr 2025 14:50:02
John I'm merely pointing out these guys have to take responsibility for where we are as a club yes they did good but have also made bad decisions many iv listed.
27 Apr 2025 14:52:44
Find it strange john you don't seem able to offer critiscm for in incumbents. Maybe your friends with some i don't know. but i guess we ll need to agree to. disagree and I do respect your opinion.
27 Apr 2025 18:19:50
One Walter, I've made it plain I'm a friend of king smith and know a few others.
That's why mull said I'd no right to be on here.
27 Apr 2025 19:20:04
You've every right john to be on this site and tbh I wasn't aware of yiur friendships.
27 Apr 2025 20:00:09
And I am not a friend of any of them but I can see the good things they have done. yes they may have made some bad decisions but the club was still there for them to make the decision as they punted over £100 million of their cash into the club trying to close the gap between Celtic.
spent money on Ed which would allow us to have more funds in future to invest in the squad.
upgraded Copland road to make the match day experience better for disabled spectators.
beaten by DK as we went down to 10 men, that would have probably happened at Ibrox as well.
Bisgrove mad lots of many for the club in his commercial deals; in fact the most the club ever earned
I don't think we have ever had a sporting director.
sanctioned new deal for manager as he had agreed to stay on and oversee the cost-cutting of the wages and spending on players; probably to get the takeover started. cost the manager his job as he couldn't compete with the squad we had.
so lots of reasons why things happened when you don't actually know but another spin on it.
27 Apr 2025 21:11:28
Angus iv acknowledge the board done good things but also many decisions have been poor and are part of the reason we are where we are.
27 Apr 2025 21:57:56
No matter what anyone thinks of the board, no one can deny they've done their best for the club.
It was a huge undertaking to try and stabilise us financially.
28 Apr 2025 08:18:26
That is the point Mark. tell me of anyone who makes a decision and they all go right. they made these with best interests of club and with the information they have available at the time a lot has gone right.
people pick the ones which haven't and say they don't have a clue. they are Rangers fans and want to beat Celtic and personally I think that is why some decisions went badly.
28 Apr 2025 10:47:38
Angus, agreed.
There will always be some fans who will focus on the decisions the board got wrong.
28 Apr 2025 12:14:00
Gents I totally get OWS's position. I personally feel the same way. We got into a whole lot of mess because we were not run in a responsible and sustainable way. And when the current leadership board have come I. They have also done the same. I appreciate they are fans wanting to catch Celtic etc etc. Stop the ten etc etc.
But it counts for nothing if we don't have a club in the future to support or have to repeat all our past failures again.
It's actually quite ridiculous tbh.
I hope all the board member get what their looking for out of this deal, they all seem pretty decent and hopefully we can move on to brighter days.
28 Apr 2025 13:31:08
Zikos I agree 100% but read the threads on here and when the board stopped filling the losses there were people saying that they had taken the club as far as they could. also see takeover chat and it is full of large war chests and backing the manager. so people don't follow the logic of sustainability and having a club at all. I remember 2012 and the thoughts of not having a team to follow so whoever is in charge does need to be sustainable.
Koppen and Clement I think were the catalyst for the change to sustainability (possibly directors also fed up of spending their own cash) and hopefully we don't change that due to the takeover. that doesn't mean we won't spend cash but that we stick to same new sustainable business plan.
29 Apr 2025 15:33:03
It really makes me laugh, we all agree we need to be run sustainably but not so long ago people on here were saying just pay the wages/ transfer fees and stop penny pinching.
we all agreed that the rebuild was a long term project but wanted instant success. we have as fans seen off 3 managers because we were impatient yet blame it all on the board.
29 Apr 2025 18:30:24
1000% Zikos.
30 Apr 2025 08:04:57
Geese you are right but I feel that is about to get worse as fans will think we now have that bottomless pit of money. I still think Clement was the right man at the wrong time and if given time he would have got there. even more now with the t/ o. not saying I am right but all managers need time.
08 May 2025 08:16:47
John I can't remember ever saying you shouldn't be on here. I remember asking to live within our means, something everyone seem to agree with now. You back everyone on the board and James Bisgrove to the hilt. i said getting deals with titty tyre companies only got us peanuts, you highlighted ever peanut deal he got, another deal signed wow magic.
One question to everyone here what in this deal for the buyers?, and before you answer think Green got us for £5.5m over 10 years ago. Since we have lost over £10m every year, so why are the paying over £50m for 50% of the club to get £3m for winning the league? The woman FA Cup pays out more.
I await your answers.