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06 Jun 2021 10:04:27
Ed a question for you, do you think the club is in a health financial position and if so why did we have 11 share issues in 8 month.

{Ed001's Note - healthy financial position in a league like Scotland's is very difficult to determine as it usually comes down to selling players. So a healthy financial position is often based on having players young enough and good enough to sell for a profit.

As for the 11 share issues in 8 months, because they can. Most other clubs are not in the position to sell shares so would have taken out loans to keep afloat during the pandemic, with no fans in the ground. With share issues, there is no repayments to make later, but there are very few who are in a position to do it.

The future of football in Scotland, not just Rangers, depends on getting fans back in the ground. Without that money (and this goes for pretty much every league in Europe) there will be a lot of clubs going under. There needs to be a reset anyway and average players' wages needs to come down as the salaries right now are unsustainable throughout the game.}

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08 Jun 2021 08:57:58
IOM, who you going to call now, Ghostbusters?

Even your old pal Billyb has gone quiet since we won the league and DK passed the chairmanship over.

You were wrong on every front but on the bright side, we won the league so at least you should be smiling in defeat.

08 Jun 2021 19:16:41
Iom if I play devil's advocate what du think would be a good year or a bad year financiall? If we lost £20 million and that was covered by investors is that a good year?
Would you agree if our loses are covered this year and we make champions league group stages and fans are back in stadiums we are financially healthy?

03 Jun 2021 08:41:30
With Rangers announcing a new share issue aimed at us 'normal' everyday fans, are the club expecting too much financial input from fans?
Packages start at a minimum £500 with a maximum of £100,000 as the club hope to raise £6.75 million.
We already have the following expenses ( which I know are all optional ) :-
*Season Tickets
*Merchandise
*MyGers Membership
*Edminston House Supporters Package
Now the loyalty of the Rangers fans cannot be doubted - as was proven by the huge numbers who've Follow Followed these past 10 years through troubled times.
And when we all bought season tickets to sit in the house. Which we've done again with no idea if we will all get in to see the heroes of this season, next season!
But are the club playing on our emotional attachment to the club after the elation at securing 55?
Or is it a price we are all willing to pay ( finances allowing ) as we sit at the pinnacle of Scottish football again and the progress we hope to see year on year?
As a club we can't sit still. And we know we need to sell a star player or 2. That's the business model we are going to be operating under.
Dave King, the 3 Bears and others have given us back the club we love.
So every commercial opportunity has to be looked at.
We've all seen what can happen in the Eastend of Glasgow when the self-entitlement takes over and they took their eyes of the ball.
We have another huge season coming up - title 56 guarantees us the riches of the CL group stages. And would be a fitting tribute to our 150 year anniversary.
I'm all for the club looking at every avenue in raising much needed finance.
As long as it doesn't create a 'second class citizen' type of fan or a fan tier system based on how much or how little we can put into the club.
After all, we are all Rangers fans, no matter what.

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03 Jun 2021 20:17:25
Success isn't cheap mph kieran maguire did something on how much fans paid per head per club and because we sell lots of season tickets it goes against us as each fan pays a lot less per head per season that way. Think some fan averages were £1200-£1500 for some clubs per year.

04 Jun 2021 01:13:33
Next season could bring in 35 mil . We need to seize the day . The board have backed us . we need to step up if we can.

04 Jun 2021 06:22:13
Very interesting 55rangers about cost per head. 👍.

04 Jun 2021 08:07:40
Mph it was £1500-£1600 per fan per year sorry and it says we're considerably less because we sell so many season tickets. I wonder if it will change when C.V. is over?

31 May 2021 17:07:52
Can anyone tell me what the court case we've lost against Ashley actually means and why were still pursuing things.

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31 May 2021 18:16:30
55 this appears to be the one linked to elite owing us the money quoted. He blocked it, suggests he was in with elite.

01 Jun 2021 13:24:42
That's what I couldn't understand why it was sdi contesting it not elite/ hummel. Or Is the fat man just trying to be as obstructive as possible?

01 Jun 2021 16:04:57
Near 7 million share issue to fans, more good business.

01 Jun 2021 16:14:08
Withholding a 2.5 million pound payment to gers for merchandise.

01 Jun 2021 20:19:24
Yip Davie it looks like he's being obstinate. Not sure about that being good business john25 how's it any different to what Dave King has offered? The cynical would see an end of year and a scramble to get money in?

02 Jun 2021 10:24:38
Absolutely and totally different from what king offered.
The share issue money goes to the club, what king offers to club 1872 goes to king.
If it was a scramble to get money in they would just sell to a existing big shareholder
Gibson has indicated he wishes to invest a further 10 million pounds.

02 Jun 2021 12:07:51
Fair enough John25 bit of a slap in the face for DK but If we make money I suppose fair enough. I'm daring to dream but there's always something makes you question after what's gone by.

02 Jun 2021 12:29:05
1872 can’t afford to buy king out, also if fans like myself want shares why line kings pockets when we can invest directly into club.
That benefits RFC not an individual, also 1872 imo do not act in best interests off fans who sign shares or give them money.

03 Jun 2021 06:24:01
John so you are dropping Mr King like a hot potato. ET TU BRUTE? . I've read we had 11 share issues in 8 months ( each between £2.5m and £3.8m) now it's the fans turn to raise £6.75m in 10 days to me it smacks of desperation. Season book is starting to come in but we need £6.75m in 10 days WHY? . I also think the well may have run dry with our current investors hence it's the fans turn. Finally 11 shares in 8 months just shows how unsustainable our financial position is.

03 Jun 2021 15:14:54
Riom hom am I dropping king. What I said fans group can’t afford his shares. I wrote this in day one
Would u give 1872 your money to manage your shares to feed their ego.
Iom u buy shares, then as a shareholder u can ask the company these questions and attend agm
Once again you don’t grasp the model.
U were not happy re soft loans, noe don’t like share issue so how would u finance the business.

03 Jun 2021 18:33:46
Not one answer to my many questions/ no I can't grasp this business model. What the final outcome here. I've said before what are these investors getting out the deals? . Rich people don't give millions away with no return.
You called this latest share issue ' good business', why does the club need this money in 10 days especially with season book money, second trance of castore money will be due. Have they heard the final payment due to Ashley?

03 Jun 2021 20:01:46
I'm kind of with with iom on this one John it's a strange timing and it goes against our main share holders interests. Worries me a wee bit that it's a scramble to get money in might just be the sceltic in me though. Does anyone know what the money is to finance?

04 Jun 2021 01:31:38
Guessing 55 that it’s to finance a players budget so we don’t need to sell players to balance the books . The board and Stevie G know what they are doing do kets gave sone faith .
Next year is massive with a pit of 35 mil at the end of it so we need to do whatever it takes to get that . and it could set us up for years ahead .
Mull I can’t believe your still giving it this rhetoric. Does it matter as long as we get there in the end . Get back on a winning streak, and get to a place that the other mob will struggle to catch us? No . you would rather sit mid table . no Europe football with Dereck McInnes as manager? Really . don’t you understand yet?

Regarding the last court case it’s not a big deal . We were suing Hummel and the first case . no sorry second gave us that right and blew Ashley’s injunction out the water which was stopping us claiming for that money. He appealed that and the judge ruled in his favour . Not a big deal but he might have been better served coming to an agreement whereas he got a percentage of the money .
I doubt we would ever have got a Payment anyway as Hummel would gave manoeuvred around it . We might have got half .
Onwards and upwards though.

04 Jun 2021 04:57:01
Why do you think that the club needs this money in 10 days mull? This is a share issue for fans giving fans a chance to invest in our club and get voting rights and enable fans to attend and ask questions at the agm etc. You have 10 days to register an interest to buy shares so your wrong on that. The reason its 6.75m that they want to raise is because the limit is 8m euro. You are also wrong that rich people don't just give money away without a return because many do.
55rangers the money will be used to buy paint for the fence at Murray Park, new cutlery in the canteen, gyprock sheets for the new museum and some will probably get used on paying Kemar roofe his wages. In general the money will be spent on Rangers things.

04 Jun 2021 10:27:48
I’m coming off finance site. Waste off my time.

04 Jun 2021 11:16:47
John 25

I understand your scelticism of Club 1872 as they can never really be the means to finance the club completely unless the fans back it substantially. There are enough large shareholdings with interest to never really let this happen, so we have a mixed bag of investment.

If you are an investor interested in making money then you never buy shares in a football club never mind Rangers (unless you are Fergus McCann) who was very shrewd and took an opportunity. DM did the same but went the other way so not so shrewd in the end.

If you are a supporter, you back the club in which ever way you can, whether it be season ticket, merchandise, shares, Mygers, Club 1872 but only on the basis that you are prepared to lose this money for the betterment of the club and that this turns into players on the park and step by step improvement. This is the camp that I am in and will invest in the share issue and Club 72 with no expectation of a return. Naive maybe, or even stupid but the reality is that Rangers are my charity of choice and will continue to give what I can afford to keep Rangers moving forward

If all fans do what they can, we will be ok. This is effectively what the larger shareholders are doing but on a different scale. They may see a bigger opportunity over the longer term, but they are taking the risk and I say fair play to them, particularly Dave King.

Like it or not he has allowed the club to survive and its up to the collective now to take it to the next stage and the stage after that.

04 Jun 2021 11:19:50
Sorry John 😅 appreciate your view on things. I'll be less worried about it after end of June🤞.

04 Jun 2021 21:40:00
Mols I too will increase my investment in shares just won’t sign control to 1872.
Your post is excellent.

05 Jun 2021 06:47:46
Good post molsgoals your points ( a rangers supporter with his heart and soul in the right place) are relevent, but this is business and useless your very wealthy hearts don't rule heads. On your court room bit remember we had to cancel the Hummel 3 year deal after 2 years because we broke a injection. We lost the overall case against Sports Direct and await the final bill that could be anywhere from a few million to well over 10m. Three cheers says the share issue is £6.75m because we can't go over 8 m euros, well can I tell you UEFA financial fair play says you can only use up to 30m euro over 3 years in shares for equity. We nearly done that in the last 8 months. Surely if we need £6.75m we could get rid of some of the dead wood in our massive squad instead we ask the supporters to raise the money. When Dave King took over we had less than 100m shares now we are fast approaching half a billion. To some on here (not me) Mr King was a god could do no wrong, he put his money in, now wants it back as sound business people do but the board to me are stabbing him in the back with more share issues ( maybe this issue is to pay DK back his loan plus his 8 % PA. Mr king had a deal with club 1872 but the didn't want them to pay me king they wanted the money ( example to £2.5m they want from club 1872 a few month ago for ' new' shares. We are in a race to find money have said we might have took in £40m but it took almost £80m to run for season. I ask again why do we urgently need this £6.75 m to pay the outstanding tax bill ( see accounts) to pay mr King loan ( see accounts) or to pay off SD.

05 Jun 2021 08:55:43
There you are IOM. Haven’t seen any posts from you since we won the league but figured you would be lurking in the background waiting to post your special kind of doom predictions.

Dave King has proved you wrong on every count. Taking into account C.V., the club is in a healthy financial position with almost no debt.

Yes, loans have been turned into equity and new shares issued that dilute the value of existing shares but no one in their right mind buys football shares to make money.

Wallowing in the penniless goldfish bowl that is Scottish football if we want a successful future we must take every opportunity to grow and improve.

Dave King put his money where his mouth is and still have a massive sum tied up (at risk) in our club. We are fortunate that other investors have taken a similar view and put their hands in their pockets.

Time to face the facts unless you have a different model for success and can name the people who will lead us - after this season there is no reason to be bitter and twisted or 100% negative.

05 Jun 2021 10:29:48
I asked questions you and your cohorts can't answer DK 19and I become bitter, twisted and negative. Clubs in health financial positions DON'T need 11 share issues in 8 months to keep their heads above water. No debt you say in our own accounts from 2019 ( last one issued) we owed the taxman over £10m, DK £5m loan and SD final bill. Even you can see we will have a massive deficit in 55 season. Look across the city they are in total meltdown but even they know the value of a pound. Every year they don't make the CL they sell a asset or 2. Our biggest sell since 2012 has been £2.5m for Josh windass. 22/ 23 season we will hopefully have a free run at automatic CL place but until then the qualification is swamped with danger. Europa money will not cover our overall expenses. I ask you DK19 why the desperate need for this £6.75m. If we are in this ' health financial position' why not do what every good business does and get a bank loan (lower interest than we are paying Mr King his is 8% see accounts) . Maybe we would have to show the bank our up to date accounts and the they could see our health financial position- would we get it.

{Ed001's Note - a bank loan is not a better option than a share issue. Most businesses don't have the option to issue shares as they are not big enough to do so. A share issue has no interest to be repaid. The only reason not to do so is dilution of the shares, but that only matters if you are buying shares to receive a later dividend.}

05 Jun 2021 12:14:54
I'm not going to argue mull about the £40m deficit you think we have I just think income will have dropped but so will expenditure. He didn't say no debt but I get where you are in regards to that but it's going to be a lot better than other clubs in Europe some will be buckled with debt and tax. But we've had huge investment from investors last few years and £20mill from dk during previous DM reign. 8% on a £5 mil loan is it really big grand scheme?

My thinking aligns with you regards this share issue its kind of against the interest of two of our major shareholders. For them to have consented to this to me looks like a scramble for money. I hope to be proven wrong and will put my hands up on here when I'm wrong.

05 Jun 2021 19:04:59
I don't know what everyone else's take is on our clubs finances, but me personally thinks that we have never been in such a strong position. We are now a club who is ran by many very rich businessmen who were born rangers supporters. The only 2 investors that were not born fans would be Julian waltard and John Halstead who are both billionaires and I'm pretty sure they have put their money into our club for future success and not to make a quick buck just the same as all the other investors. Our squad is now full of assets and our debt could be easily wiped out by selling a few of these assets. Our board can see the bigger picture and all going well the future should be very bright. Hence why John Bennet recently stated he thinks we could be self sustainable in around 18 months.

05 Jun 2021 19:56:35
Ed according to the accounts we are paying DK 8% pa on his loan would a bank loan not be cheaper.

{Ed033's Note - If Rangers are already in an agreement to discharge the loan at 8% p.a. then how would Rangers even get out of the deal unless D.K. agrees to it? [or unless there's a Clause in the agreement that allows it].

05 Jun 2021 23:37:06
That not the question ed would it be cheaper to get a loan from the bank yes or no
That's all I asked.

{Ed001's Note - how could it possibly cheaper to get a bank loan that you have to pay interest on than release some shares that you get the money from with no interest to pay?}

05 Jun 2021 23:46:14
John Bennett said we could be self sustainable in 18 month yes- if quality for the CL every year

Sound financial management
If Is a a very big word
If we make the CL.

06 Jun 2021 06:03:52
Funny mull because not once did J Bennet mention that qualifying for the champions league was pivotal to becoming self sustainable . He said Ross Wilson was key to making it happen with player trading with quality over quantity and James Bisgrove doing his job. What interview did you watch when he said his plan relied on the Champions league money or is that just something you've made up yourself?
If we do make the group stages of the champions league then happy days because that will not only bring in more cash but also put players value up.

06 Jun 2021 09:27:15
Well three cheers if you notice this symbol- between Mr Bennett quote and mine if we qualify for the CL every year. Example 2019 we made the last 16 of Europa cup 9 home games mostly full house plus prize money, we also played 5 home friendlies BUT still made a loss of nearly £15m. Spend the way we do is unsustainable while playing in Scotland.

Ed the only bit you missed out on our loan/ share issue debate is the main one. Loans have to be paid back with interest while share issues is free money for a piece of paper. Your £500 will get you 2500 1 pence shares. There is almost 500000000 shares in circulation.

{Ed001's Note - how is that the main point? People buying shares in Rangers are not doing it to make money. You are the only one missing that point and it is the most important of all.}

06 Jun 2021 09:59:08
Maybe I am but the only point I'm trying to highlight, is why we need this money just now with cash coming in. We have been told that the investors want to put in more so why at this time do we ask the fans and deprive these willing investors. This share issue will bring approx 34 million extra shares about a 15th of all shares. Maybe that's my point ed the decimal point. Do you have any idea ed why we need this money just now.

{Ed001's Note - you know why, the pandemic has left every club struggling financially, it is not rocket science.}

06 Jun 2021 10:08:29
Think your starting to make it up as we go along here ed. We went from less than 100 shares to over 3 times that pre C.V.

{Ed001's Note - its not me making things up, you know nothing about business. Perhaps you should just try educating yourself.}

06 Jun 2021 10:20:16
Ed I agree every club is struggling haven't seen any of them having 11 share issues in 8 months and wanting supporters to pony up £6.75 more. Motherwell are actually giving their fans free season books for their loyalty. Question ED can you name another Scottish premier club who have asked the fans to pony up anywhere near what rangers have asked us during this C.V.

{Ed001's Note - are you really this dense or just acting stupid to be annoying? Not one other Scottish club are in a position to have 11 share issues. How many times do you have to be told the same thing before it sinks in? I give up, you are just wasting everyone's time with your idiotic questions. I can't be bothered with you and your repetitive nonsense. If you really are unable to understand any of this, then you are just beyond help.}

06 Jun 2021 11:52:45
Ed don’t waste your time and breath, we have not had 11 share issues in 11 months. We have had three people mb four on ten separate occasions.
We have indicated one share issue to fans.
Your first sentence hits it on the head.

06 Jun 2021 22:01:15
I agree John . The Ed’s first sentence hit it on the head but mull will just say now that the Ed is in with the cohorts 🥴.

06 Jun 2021 22:06:25
Ps can I put it a tad simpler.
I bought a beautiful bottle of rum from rangers with 55 title winners on it as a present .
Unfortunately every other club in the country didn’t put this on sale . why? Because no one would buy 😊.

07 Jun 2021 15:29:44
Mull although I agree with some of your concerns most of us will say we are worried about coming out the other side of this in a good position. I'm also wary of going back to the bad old days which I couldn't stomach again. Said and still believe on here before if we make it through and take the C.V. hit . C.V. will be a leveler between us and them. If the share issues mean we keep the wolf from the door is it such a bad thing? We sell in the summer break even get into the champions league. Surely a good position to be in? Not expecting good financial results when they come and I do think getting this year out of the way will be the most precarious. But I think if we make champions league and become self sufficient the board do deserve a pat on the back.

07 Jun 2021 17:24:18
Defo 55 but they deserve a massive pat on the back anyhoo . so fo the fans that are dipping into their pockets . Am quite well aware Motherwell and the like are offering all sorts of incentives. but as someone said on here success dies not come cheap . Motherwell have no chance or ambition to win the champions league straight qualification.
I submitted my 750 to retrain my season tick knowing full well we might not get in again . It was a struggle I can tell you but it had to be done . We pulled together 5 / 6 years ago when it mattered so rangers fans . board . team . management . give ourselves a massive oat in the back . We deserve it .
I still hope Mr King cones to unfurl the flag .
Lest we forget.

07 Jun 2021 19:34:48
Yip Mols you're right I've said that on here previously re success costs money. I too think Dave King has been the saviour of the club and if we get to champions league proper and self sustainable he's first on the mount Rushmore of statues I'd love to see up. That's why this share issue s got me a bit concerned if it's at his consent great but I'm not sure and it worries me there's a split in the boardroom. I think it's because the club's something we all love and that's why it invokes such responses. Don't want that to sound negative again just a wee red flag for me.

07 Jun 2021 20:01:57
And as you say Mols doff my cap to every fan that has put their hand up this year and bought a season ticket (it makes it that much sweeter watching what we have this year imagine being a celtic fan and paying for that)

just a wee query mols would you pay an extra £100-£150 for a season ticket if it meant we were self sufficient?

08 Jun 2021 09:51:53
Probably 55 . don’t know what my cut off would be . but considering arsenal and teams down south are charging well over 1 k for tickets I think I would rather pay to watch our glorious team than what they present .
Heard Andy Halliday say that Ryan Kent is probably the most entertaining and exciting player to grace Scotland in decades and we should cherish seeing him here . I agree and that helps when forking out cash 👍.

08 Jun 2021 10:08:49
Yip 100% Mols I genuinely think kent will be a future England International. We are customers and as the quality gets better I think we will end up paying more. I would be willing to pay that wee bit more it might end up like Sophies choice with which one of my kids gets to go if it gets too expensive. But if we want to compete with the best in Europe unfortunately I think we will have to pay more.

17 May 2021 19:04:10
Bears it's great reading how some of our real fans take a serious interest in the financial side of club business, very comforting knowing that good supporters breath Rangers. I commend you folks, you have my respect.

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19 May 2021 18:30:39
Chunky what’s your take on the finances.

20 May 2021 07:22:39
After what we've been through Chunky definitely. Assuming your not tongue in cheek success off of the park is what's driving us forward on it.

24 May 2021 22:03:54
John25 I don't follow as tight as some, but if losses are similar to last year we will have to sell a popular player at least to patch the books. If we could get decent money for Hagi or Kamara hopefully we could take £10m off our bill to start with. We are a very attractive business model growing every year, expanding in all directions. I would love to see eventually a hotel where fans could stay and eat, drink and have contact with players without corporate expenses. Maybe prematch dinners with explayers. i know this is small fry for Rangers but could be used for Business accomodation through the week. GoGlasgow/ Swallow hotel would be ideal site. Our value as a club is soaring and our finances will snowball with the current regime and in the future when this changes the outgoing management will ensure we are in good standing financially and in safe hands. Never again can we be left vulnerable financially.

25 May 2021 09:18:52
Good ideas chunky.

25 May 2021 16:08:39
Chunky nice one . just don’t mail Charles green about the swallow hotel . he might buy it and force us to rent at a mil a year 😊.

25 May 2021 19:55:05
Lads I think as a club we should be thinking outside the box for our financial benefits. Have you any good ideas that could turn a few pounds for the club.

26 May 2021 08:32:44
Molsgoals have a couple of ideas for green and Whyte and it's not involving a hotel. Pair o saddlesniffers.

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.

14 May 2021 10:19:27
Tend to agree DK.

14 May 2021 20:52:33
Green claiming any monies tells its own story on how corrupt it is . He has his house and stables in France bought by our cash. I would really like to kn if his finger is still in our catering operations. ? Anyone know.

23 May 2021 09:17:49
All these conspiracy theories guys and still not a mention of SDM never questioned by PS, only court appearance was as a witness. When looking at the whole sorry saga he started the ball rolling and jumped ship just as the ball was about to explode. Gave the keys to Ibrox to a charlatan ( who deleted his previous from the internet a clue here Sir David) but for throwing us to the wolves he got back the controlling share of MIM ( see the court statements) . And finally don't start me on the EBT scandal started by Murray and who took the most out of it sir David. I saw someone asking if CG still had his fingers in the pie of the catering I don't know but SDM owed Azure who ran a very profitable cartering at Ibrox for many years and the profits never went to club but to SDM very deep pockets.

23 May 2021 18:48:42
Iom what do u mean conspiracy theories. 130 million paid out to date, that does not suggest a theory.
Whilst majority of fans don’t like green, whyte bdo et al, they were on the addmition of PF wrongfully and malicious arrested.
Your point re Murray his actions were immoral not illegal, same re ebt.

Azure was owned by Murray’s sons.

25 May 2021 22:17:25
Why did police Scotland go after these people with little or no evidence? . Yes Murray sons got one of the biggest profit making operations at Ibrox did any of the profits go back into the club.

26 May 2021 09:06:37
Iom need to ask police Scotland.
U would need to ask Murray what he done with profits.
Sons sold it for 35 million to present catere Elinor 2011.

29 May 2021 09:13:43
Ok John I will ask your opinion do you thing a penny of Azure profits over the years or the £35m sale. Do you think one penny of that went back into the club? A yes or no will do.

29 May 2021 09:27:21
No, the club never owned it.

29 May 2021 14:35:22
So mull do you think the current board are better or worse than what's gone before?

30 May 2021 11:33:33
No one is arguing with you mull? I think you just come on here desperate for an argument lol.

31 May 2021 07:23:49
Maybe the truth would do molsgoals. The club never owed its foodbars/ catering maybe but surely if you are selling food and drink to rangers fans in Ibrox, the club MUST get a good cut or unless your surname Murray. Remember we boycotted Sports Direct because of the 7 p in the pound.

31 May 2021 11:35:14
Again mull. No one is arguing. agreed Murray shafted us and we were just his ego toy . ok he brought huge success but like Fergus he did ok out of it . Green definitely had his fingers in the catering operation . Don’t kn if he does now but I’m sure mr king would pull out all the stops to correct .
Nothing can be done about the past now mull apart from possibly learn from our mistakes.
The Charletons seem to have won in regards to profit making from our demise, even finding legal loopholes to benefit from.
However they cannot take 55 away from us, and the success that is to come . The noise from the inside us people think there is something really special happening at our great club . Let’s enjoy while it lasts x.

31 May 2021 15:04:07
Good post Mols. Agree with all of it wholeheartedly the past can't be changed but we must learn from it. Again Mull do you believe the current board are doing a good job compared with previous?

31 May 2021 15:22:55
Molsgoals catering was sold by Murray’s sons 2011. Long b4 green came in.

31 May 2021 21:48:47
55 rangers yes but as I've said before we are running at massive losses each year to get us back to the top. I know some/ most bears will disagree with me, but rich guys ( not talking about billionaires) don't put money into a business that can't make a profit. So there must be something else like a British league or a European league for wealth guys to throw millions of their hard earned into us.

01 Jun 2021 13:34:26
Partly mull I Just think the good side is we're investable these guys will do due diligence and see that the club is worth investing in. Saw John Bennett saying he believes we could be self sufficient in 18 months and the deficit has been brought down quite a bit. The British league would be huge but we would have to spend to compete in it. On the losses we've had it could be worse we could be man u with the glazers or Barcelona with debt in the near billions.

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%.

Agree1 Disagree0

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.

14 May 2021 10:20:39
55 I’d be stunned if we don’t take a big hit.
It’s why we need champions leage money to help out.

14 May 2021 17:16:28
Agree John problem is it might cost us a bit to get there too. Or do you see us going with the existing squad?

14 May 2021 18:43:00
55 need better starters.

15 May 2021 08:46:07
Rangers55 you said

It won't be too bad but have a feeling we ll take a hit even with the extra we've brought in.

Can I just remind everyone we have taking a hit every year since 2012. This season will be our biggest hit. As explained before it will takes the best part of £80m to run the club this season. If we can bring in £40m we will be doing well.

15 May 2021 22:16:05
You forgot the 🤞 mull I can always hope but I expect us to take a hit. Can't see that big a gap Mull we will have saved on some things in the C.V.. We have the new investment and the money from castore among other things which are extra from last year. It will definitely be hard reading the next financial results but I'm not sure it's a £40 million hole.

 


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