Rangers Rumours Archive August 12 2013
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12 Aug 2013 16:54:50
2, 020,000 ordinary shares in RIFC PLC at 41. 5p per share, at a cost of £838,000 transferred at 3pm today.
As some of the large investors are tied in until December and cannot trade their shares, who can this be?
Who is selling up and who is buying?
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Unbelievable22
It's true. It's on the LSE website. Just google AIM Rangers & you'll find it. Maybe someone's making a move.?
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Somebody getting ready for egm
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Why did our manager not take a wage reduction last year like all playing staff did hen we went into administration
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Keep dreaming no one with half a brain will put even a penny in to a sinking ship
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Could it be Ahmad cashing in his 1p shares? The volume is about right but would have thought he was locked in. Since he is already suing the club for lost earnings this could be him cashing in the shares to one side or the other before the EGM.
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Well this will be part of the jigsaw
"A FINANCE shark with a history of boardroom wars is buying more than 700,000 Rangers shares from former chief Charles Green.
Millionaire hedge fund manager Colin Kingsnorth, 49, is an “activist investor” who buys small stakes in firms, then lobbies aggressively for changes which will make money for shareholders – including himself.
When the Green deal goes through, Kingsnorth’s firm, Isle of Man-based Laxey Partners, will own 714, 285 shares, about one per cent of Rangers.
At current prices, Green would make about £350,000 from the sale.
The Yorkshireman struck the Laxey deal on October 19 last year, before he had even bought into Rangers himself. He bought more than five million Ibrox shares for 1p each on October 31. "
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Just for clarification, "our manager" Ally McCoist DID in fact take a bigger paycut than any of the players, he worked for free for a considerable period of time.
Try getting facts right before trying to besmirch his good name {The Ed039's Note - he didn't work for free, but he did take a pay cut)
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Yes and then got it back in the form of 1m 1p shares!
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Now confirmed that Laxey Partners acquired the shares.
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12 Aug 2013 15:43:57
Audited accounts will show around 10m in the bank the days following their release an additional announcement of a substantial investment will be announced, in order to give the share price a shunt in the right direction.
Believable26
Unbelievable60
When will these audited accounts be shown?
Have I missed an anouncment?
DB77 {The Ed039's Note - deadline in 15 weeks or something?? Sure I read that but might be wrong)
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Remember that the accounts are up to 30th June, the end of the financial year only
ED039 - I don't believe that a 15 week deadline is right, I think LSE allows longer
JG
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12 Aug 2013 13:10:37
Nicky Clark was desperate to sign for Rangers. His agent was looking for £1700 per week basic. Rangers STARTED the negotiations with an offer of £2400 per week. This was signed in an instant. Just who dealt with this contract? From a reliable source.
Believable59
Unbelievable37
If your source was that reliable, he'd know who dealt with the contract mate!
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This is true though I am lead to believe its more near 2200
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Sounds like the current contracts guys are even worse than Martin Bain and I thought that would be impossible!
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Total nonsence! all the young (5 year deal boys) are on around £2000 with appearence money and that is a fact straight from the horses mouth!
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£700 a week difference is not a great amount of money to be fair to a team like rangers!
Mccoist is on about 15k a week
Board members on over 5k week
that is where we are losing money!
It is all the salaries of various board members that is squeezing money out of the club
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@op I can't see that happening the agent was going to ask for 1700 a week that was probably a month or mores wage at qots and rangers would have known what he was on don't think the shysters would have let that happen that's like them taking money out their own pocket also they say the wage bill is lower this year that it was last season
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2400 sounds like a bargain mate. he looks like the best of the lot so don't know what your point is. if anything rangers showed how much they value him not the other way around
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@4/ Your forgetting that Clark was bought he never came through the youths like the rest of the youngsters
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Get Ally out, Terry Butcher and Adams are the two best managers in Scotland and get around £3k-£5k each get one of the two in
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2nd aboveclark was not bought we ain't allowed to buy until september {The Ed039's Note - his age means compensation will be involved)
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I think the point is, you don't walk in a shop and make offers for stuff before you know the asking price. there have always been some shady deals in football like this. the money paid out by the club doesn't all go to the player and some can easily be siphoned back to a helpful insider by the agent. getting the drift?
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Cant you guys see what's happening here? Rangers go into Administration in December, players (who were obtained for nowt) get sold as assets, and we're back to square 1.
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