Rangers Finances

 

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13 May 2021 19:58:11
Another 30 million pounds paid out today by Scottish government/ procurator fiscal office for wrongful arrest and fraudulent charges in relation to rangers.
Roll on the public enquiry, payout now tops 110 million, with further cases to be settled.
Green claiming 50 million.

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13 May 2021 23:26:27
Won’t make any difference John. We the public keep paying the taxes to subsidise worsening public services until it’s too late.

Corruption is rife but nobody cares.

06 May 2021 06:29:37
Court case upcoming guys, no idea what about but involves former employees.

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06 May 2021 07:21:58
Yep Tom. At present rangers. Administrators liquidates Ashley elite sports Hummel. It company re WiFi
Company re wall at ibrox etc etc
We r present directly involved or linked to 17 court cases.
Most do not directly impact on us.

22 Apr 2021 09:36:26
Shareholder % in Rangers after latest investment:-
New Oasis - 16.76%
Douglas Park - 13.46%
Stuart Gibson - 10.24%
George Taylor - 10.01%
Borita - 6.05%
Club1872 - 5.02%
George Letham - 4.42%
John Bennett - 4.3%
Perron - 4.16%
Barry Scott - 3.88%.

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22 Apr 2021 12:30:04
Yep MrPH a few big hitters joining the table.
People like Gibson, Perron, mcliesh are new investor
This is new share purchase going directly to rangers. Not people buying existing rangers shares.
Bonita is Julian Wolthardt
Perron is John Halstead
And one just under 3% is mcliesh family, from Kilmarnock.

22 Apr 2021 13:29:10
Is the Mcleish family the ones who's company sponsored Killie, John25?

22 Apr 2021 14:26:19
Yes. The wife off one is a director at killie, allegedly going through a divorce which is delaying further investment in Rangers.

22 Apr 2021 15:38:39
I didn't realise it was them that had just under 3%, John25.
So it looks like we are attracting plenty of investors.
What's to happen to King's shares if Club1872 can't buy them all.
Will he keep them John25, or sell to anyone?

22 Apr 2021 18:37:03
I think he would sell to an existing shareholder who he considered had the best interest off our club at the forefront.
1872 struggling to raise money, king allowed them to delay buying his shares to buy directly from the club at present.
1872 raised 470k which they used to buy shares directly from club
I struggle to see where they can raise the money required to buy out King.

24 Apr 2021 10:36:16
Good to see new investment in the club. Obviously means we're in an investible position and a broader church of people with deep pockets.

24 Apr 2021 11:20:21
Defo 55, Gibson and Halstead have access to many billions
I’m told both would be interested in buying kings shares if 1872 can’t raise the money.
I don’t think we want an individual owning 30% off shares and being required to offer to buy rest out.
However, these guys appear to be long term rangers supporters.

24 Apr 2021 15:33:55
John25 - how does it work with Club1872? Surely if you have 1000 fans putting money in, they all have different ideas on how the club should be run. Does it go to a vote with them in what direction they take?

24 Apr 2021 17:46:57
Yes fans put in money.
On key issues they take a vote 50.1 percent wins vote.
So 49.9 could say no but it goes through. That is fine if it’s only small amount off shares. I had £12k off shares
But needed to hand over control.

A chair is voted in each year although it stayed the same due to C.V.. No issue as the lady is good
But she is part time appeals for help to send out emails letters etc.
If they r to hold 20% off shares they in my opinion need full time staff. That then uses up share of money used.

25 Apr 2021 08:56:13
John since October/ November I've been told we have converted £17m loans into shares can you confirm.

If this is true that would cover nearly 3 months running costs
It cost over £6m a month the run the club.

25 Apr 2021 11:40:42
Not seeing anything in companies house papers.
That is not far from the total figure new equity raised mb bit off confusion re new money coming in.

25 Apr 2021 18:02:29
The running cost should be less should it not IOM if we would normally spend 17 million surely that cost goes down with no fans.

27 Apr 2021 23:42:13
£59m income last year involved 9 Europa ties,5 home friendlies. We made losses of over 14m, so total running was £73m divided 12 comes to over 6 million a month running costs 55 rangers. Can't see how this will go down with Roofe contact ( read on here it's £35k a week so that's £1.75m a years extra) plus new contract to Tav, Goldson and more. Remember our total income will be dramatically reduced due to the C.V., if we can take in £40m we will be doing well BUT out going will climb to the high £70s.

28 Apr 2021 06:19:51
Access to billions eh, just like Craig Whytes wealth was off the scale let's hope not. maybe we shouldn't overestimate.

28 Apr 2021 12:47:55
Punter subtle difference whyte never had a penny.
Other guys are registered at companies house.

28 Apr 2021 21:16:46
IOM it will go down like all business at the moment yes we don't have the same coming in but we don't pay for policing security business outlays all the way down to buying the food to sell there should be a bit to come off. You've also got to have more positive thought on more investors coming dilution of share price aside. Need to keep faith until the summer.

29 Apr 2021 07:17:17
Re dilution off shares price. Did not happen. Companies house state all new shares since September purchased at 20 p a share.
Jenkins the coy who trade our shares trading them at 20p a share yesterday.

29 Apr 2021 14:06:12
That's the bit I don't understand John. Do these investors know something we don't ie a British league. I agree the share price has not come down but we now have over 400 million shares compared to about a quarter that 3 years ago. We are still trapped in a Scottish League with no money. As I've said before we made just shy of £60m last year but running costs were over £70m. This season we might get £40m in but with running costs of touching £80m. Why are the investing a money losing club in a money losing league. Do they know something?

29 Apr 2021 15:46:53
Iom my take on it is they r staying at 20 p as the progress and company r to their liking.
We r increase value in the brand.
There is significant talk off new share issue at 1.00 a share.

29 Apr 2021 20:27:50
Even better John/ IOM just assumed it would change share price with the introduction of that much investment. 🤞We're on the right track.

05 May 2021 11:15:19
Five tear deal signed with shirt sponsorship, great deal and further investment and stability.

05 May 2021 14:50:48
Wee bit research re our five year deal with 32red.
We signed a two year extension 2019/ 20 season valued at 1.5 million per year.
Sports business website indicates that the five year deal is
Valued at 2 million a year rising slightly during the five years. Also add ons based on champions league and league wins.
So imo this is further proof off excellent business bisgrove and his team are delivering, a 10 million addition to funds over next five years.

05 May 2021 16:47:41
Good positive stuff John.

05 May 2021 20:13:45
Well researched John 👍👍great to know.

09 May 2021 20:37:02
Mols goals picked up on a good article from Kieran McGuire today.
In 2017 our revenue turnover from sponsorship was 4 million.
This season 20 million and predicted to rise significantly next season.

10 May 2021 18:59:38
Once we get the fans back we will be rockin 👍cheers John great news.

13 May 2021 21:37:01
Hope you're right Mols I'm still a bit nervous about what the next set of accounts will say. 🤞 It won't be too bad but have a feeling we ll take a hit even with the extra we've brought in.

20 Apr 2021 19:35:06
Big money men Looking to invest in Rangers 👀.

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21 Apr 2021 13:01:37
Are they same names I refer to below, Neil or do you have additional info.

21 Apr 2021 15:55:54
John Halsted mate from Perron investments.

21 Apr 2021 16:50:20
Cool. One off the names I posted. A very rich man.

21 Apr 2021 18:16:21
What is also interesting is that the business partner of John Halsted has bought a 75% controlling share in Piza, a serie B team in Italy.

Make of that what you will lol.

21 Apr 2021 18:28:08
Yes read that today slim. Not sure what that could mean, interesting player development.

20 Apr 2021 15:41:27
See there some new investor in our club owns 4.7% of the shares.

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14 Apr 2021 20:00:14
Wheres the 20mill investment that was due before C.V. from the far east dude.

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15 Apr 2021 02:09:34
If your meaning Stuart Gibson he's invested around 8 million I think. There's also been more money from other folk. All this info is freely available online for exact figures and investors.

16 Apr 2021 17:45:20
Stuart Gibson has increased his share in rangers to just over 10% 40 million shares at 20p a share since September. Total value 8 million
Alan and Barry mcliesh appear to have purchased 3 million pounds off shares at 20p a share
Someone else has purchased 3 million pounds of shares at 20 p a share.

20 Apr 2021 16:10:20
Banxger. This is name I alluded to 16/ 4 as the someone else. . John Halstead.
He appear to have bought 4 million pounds of shares in two lots in past month.

31 Mar 2021 18:21:51
Is our shirt sponsor about to change this year and has anyone heard anything?

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