Rangers rumours 23429

 

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30 Jun 2022 08:03:41
Morning all
It appears my first ever post was scoffed at by most people last week, clearly I was correct in what I posted! Especially with the recruitment announcement yesterday regarding an influx of youth players recruited.
At present the situation is we a very small budget to work with until we either sell or qualify for champs league.
The reason for the limited budget available is the loans that were given to the club by the bigger players behind the scene are in the process of being paid back, shares were created for those who loaned the club but are potentially worthless for anyone making a return on them.
The business model was always to be self sufficient and our earnings from last season has given us a crack at it.
The youth are going to be given the chance to step up whether you like it or not.
If we do not or cannot sell we will bring in a forward for a max £2:5m or a loanee.
Every Other Saturday ???????????????????????.

Agree0 Disagree0

30 Jun 2022 08:27:57
You were scoffed at because the transfer window has barely opened and yet you have written the executive summary.

I’m sure you’ll re-write it at the end of the window and correct your theories.

30 Jun 2022 08:30:24
Very sensible post; I also think Ashley got millions off us unfortunately.

30 Jun 2022 08:39:23
Unfortunately, u are best guessing mate

With a glass half empty mentality

Have some patience, where u may be surprised in what u see.

30 Jun 2022 08:50:06
So the club gave the investors shares as payment and are now paying them back for a second time? If that's the case then sack the board but I simply don't believe that's true.

30 Jun 2022 08:56:50
Richard, sounds reasonable to me. I calculated a profit in the region of £18.6m for the current financial year (interested to see how accurate that calculation actually is when the accounts are published) . I mentioned the loans which require to be repaid, but the agreement was they do not have to be repaid asap, but nevertheless I would imagine the club would want to repay these loans from the profits generated from the Euro run. So yes not much available funds but I expect the club to be able to afford to sign two players in the region of £2 to £3m without selling (colak being one), but selling would generate additional funds for Gio. Repaying the loans puts the club on a better footing going forward. Champions league qualification would a huge bost financially.

30 Jun 2022 09:00:38
DeBoer some on here like to ignore reality when it comes to rangers finances.

30 Jun 2022 09:28:22
Yes your post doesn’t make sense maybe that’s why how would the people who have loans to club be paid in shares then money.

30 Jun 2022 09:44:11
Storm not all loans were converted to shares.

30 Jun 2022 09:47:20
The Ibrox club’s vice-chairman is one of the main sources of loans which mitigate the ongoing annual losses the Scottish champions continue to record.

Along with chairman Douglas Park, Bennett has already stumped up the £7.5 million needed to meet this season’s shortfall after Rangers posted a deficit of just over £24 million in their most recent accounts.

While many of the loans from directors and other Rangers-supporting investors are converted to equity, some are made on repayment terms!

30 Jun 2022 09:49:48
I’m not savvy on the financial side of things
But it does seem so far we are operating on a small budget maybe it is to do with paying back loans etc

But to make it to champions league we need to spend so I don’t know what direction we’re heading

Do we try stick with same squad that wasn’t good enough to win the league and get us straight into the champions league proper
Do we try and stick with the same current squad that came up short in depth when players got injured and we had no real quality to replace them with?

I’m all for the club being good with the cash and standing on our own feet
But we also need to invest to make the money to put us on a sound footing and without the champions league and winning the league.
Celtic go way ahead of us once more and we don’t make the money needed for a club our size
We need to invest and invest wisely on quality players who can come in and help us achieve what I said above
If anything Atleast win the league this coming season
if players want to leave and don’t get the moved they want are they going to drop performance and there fight for our manager and club? It may sound crazy but we have all seen players down tools when they don’t get what they want and we can’t afford that either.
seems we’re stuck between a rock and hard place
I say come to some agreement with the loans and see whoever can hold off on getting money back and use it to invest and give Gio a real crack at this?

30 Jun 2022 10:10:11
The shares are worthless; in what world do rich people spend their millions without wanting anything back? It's a world of greed we live in, so why would the Rangers investors be any different?

{Ed001's Note - they wouldn't have taken them in that case, they clearly feel that investing now in something worth little will bring them a greater return in the future. It is like those people who invest big money in start ups in return for a %age of the company. It is worth nothing when they put their money in, so their %age is technically worthless, but it is about what it will become worth. They hope it will become worth anyway.}

30 Jun 2022 10:21:48
Fair enough Ed but the way Scottish football is going do you honestly see an upturn in share prices?

{Ed001's Note - it would require the club to stay profitable and competitive in Europe, so it will be difficult. Priority to being worth more is profitability.}

30 Jun 2022 10:36:19
Correct ED, who in their right mind would invest their hard earned cash in return for something considered to be worthless. Its an investment with the expectation of greater returns further down the road. Investors may be Rangers supporters at heart, but they are also successful business people with an eye for a profit.

30 Jun 2022 11:07:06
Let’s not forget all the people who deferred wages during C.V.. Have they been paid.

30 Jun 2022 11:09:11
I would suggest that it is all guess work at present and we will not really know the true facts until we see this Year's Annual Accounts.
I would be disappointed if all we made after selling Patterson, receiving compensation for Gerrard, selling Itten and the run in Europe, which brought in significant money, was £18.5m unless our outgoings have been greater than I have assumed.
That could be as a result of a number of items but again we will not know until we see the Annual Accounts and that will be the time to ask questions.

As for Investment, I can see benefits to investing in Rangers since the Club has a wide coverage internationally and European Competition is a significant aspect of that, but as an Individual the only reason I can see is that you are a supporter of the Club. As a Company, Rangers are an excellent 'investment' in terms of Marketing and PR but in terms of Share Appreciation it just isn't going to happen.

Investing in an English Football Club, even a club in the National League, has more potential than a Club in Scotland and this sadly will not change until there is a fundamental change in the way that Scottish Football is run. Too many people with their own self interests will ensure that this never happens!

As for incoming players, bringing in Youth Players seems to be the way forward since we appear to be very clever at picking up quality up and coming players, 20 year olds and younger however we don't appear to be quite as clever at bringing in so called proven players in their mid 20's. This can be seen from our European Final Team where few of the players in that Team have been brought in recently.

30 Jun 2022 11:15:24
I bought some brewdog shares and if I don't like what they are worth I can simply get my money back and keep my shares! Brilliant!

30 Jun 2022 11:24:57
Replying directly to yourself richard gough, for the sake of clarity in your post, are you saying previous loans given back as shares (which could be potentially worthless i believe you said) are now being turned into shares, or loans given in recently are being repaid and not turned into shares as previously?

30 Jun 2022 11:30:24
Separating the financial to player, i agree we have to get into this bringing through the youth, it will help us in future to keep talent such as young Rory Wilson who has felt he had to move on, I know there is great anxiety about this amongst us, however Auchenhowie was built because of Advocates demanding so or he wouldn't sign new contract, let's see us use it the way the dutch do. over to you gvb, ps still trying to recover from Sevilla, i'm getting old pmsl.

30 Jun 2022 11:51:36
Quite a few on here seem to be obsessed with our finances right now, starting to sound like the other sides fans.

We need to be sustainable and investing in the future along with maintaining our ability to compete domestically and in Europe without overspending.

I will wait till the end of the window and judge how well or not it has went then, along with the qualifiers.

30 Jun 2022 12:03:49
Agree bee82.

30 Jun 2022 12:18:44
Honestly think that if you don't understand corporate finance you should stay clear of commenting about it.

I don't see anyone commenting on the complexities of Hagis injury when they know nothing about sports science but lots deem it appropriate to spout nonsense about the clubs finance BECAUSE we haven't spent any serious money on a player with 55 days left of the transfer window!

Too many negative posters who refuse to miss an opportunity to take the glass half-empty version of the clubs affairs.

30 Jun 2022 12:42:31
Dk sorry to be pedantic 61 days although I do like 55

I’d love to know when we allegedly gave Ashley a few million, was it last twelve months.

30 Jun 2022 12:58:10
Well said DK19.

30 Jun 2022 13:02:23
Couldn't agree more DK. It so important it's the right investment as well - the other lot have shelled out big money on another LB. they've signed a fair few over the last few years, arguably none of them have worked out, whilst our investment in Barisic have proven astute. Big money and big headlines doesn't mean anything. We need to trust the people in charge and support the signings. moaning before the window has even opened is pretty grim.

30 Jun 2022 13:04:47
I think the problems with not spending early were seen in last year's Champions League qualifiers and were one of the reasons Gerrard left. I think we need to be very careful that we give the squad the freshness that it requires to evolve.

30 Jun 2022 13:25:55
Think people are just commenting on a post by a poster and debating what there thoughts are on it all DK
it’s what’s the sites all about surely?

If we all decided not to reply because like myself who doesn’t t understand corporate finance what’s the point in the poster putting up the original post if no one can reply?

What’s wrong in saying we would all like the club to bring in new players faster than it’s taking? It’s a talking point
It’s a debate and a chance to talk to fellow bears no point coming on and demanding we don’t talk none sense about things we don’t know or understand the site would be a very lonely place surely?

for me personally I like to see everyone’s thoughts on all things rangers good and bad it’s a read that passes some of my quiet time whwn I get a chance and also a chance like I say to reply to fellow bears whether I know what I’m talking about or not it’s just people talking to each other and keeping each other company at the end of the day.

so if no one minds I’m going to reiterate what I said I hope we invest in quality players to bring us success this year and give GVB a real crack at showing what’ll did team he can put together to get the league back
whether that’s right or wrong of me to want it’s my opinion and desire the club can. Manage to do that

?.

30 Jun 2022 13:30:45
As weird as it may sound, I'm a data scientist (yes, its a real thing) and I predominantly work in the world of finance - although I have been doing some consulting with one of the data platforms used for player analytics.

Like any data, people tend to see what they want to see when looking at Finances.

I think we'll be holding off any major transfer moves until we know the end game for Aribo, Kent and Morelos.

30 Jun 2022 13:53:50
With regard to people making money out of football clubs, I believe Simon Jordan hit the nail on the head. The best way to make a small amount of money from a football club is to invest a huge amount of money! Having said that, there are plenty companies and investors putting money our way just now so maybe just maybe there is something happening here!

{Ed001's Note - Simon Jordan is just a moron. Plenty of people make money out of investing in football, just not him. That old adage is out of touch with the modern era and dates from a time when the running of football was amateur. There is a reason so many investment houses are now buying chunks of football clubs around the world and it isn't because they want to lose money.}

30 Jun 2022 13:58:40
@2Blue

What figures are u calculating a profit of £18.6 mil

Would love to see all your guesstimates on a spreadsheet

Unless your our accountant then u have no basis in relaying that figure.

30 Jun 2022 14:23:09
A wee reminder of the new financial rules replacing the Financial fair play rules the books will be scrutinized every Quarterly to make sure the bills are being paid we will be spending less from 2023 season we can spend 90% 2023/ 24 season 80% 2024/ 25 season 25/ 25 season of our revenue the rules are in place as of now. That would explain why we have been restraint in the last few windows and will be for some time which is why we have targeted Youth.

30 Jun 2022 14:32:45
I forgot to say 25/ 26 season it's 70%.

30 Jun 2022 14:42:01
2blue what loans weren’t paid back then?

30 Jun 2022 14:46:07
Sydney 2 blue is guessing just like we all are.


2 blue I didn’t say all loans were repaid by loans maybe read slower.

I said why would loans that were converted to shares have to be paid as well.

30 jun 2022 15:31:43
very noticeable to me

the op hasn’t said another word
the 2 posters who have supported his theory have scarcely, if ever had a good word to say about rangers, ever.

30 Jun 2022 15:36:17
No DK the site is full of people with different opinions in which you disagree with.

30 Jun 2022 15:58:32
Sydney Ger i have worked in UK top ten accounting firm for 17 years and worked for corporate companies so i'm not talking garbage, problem being I do not work for Rangers so do not have access to all the financial information hence I stated its a rough estimate based on what i do know. Storm loans converted to shares do not have to be repaid but there are loans which have not been converted to shares and do have to be repaid. As stated I am estimating profit with a blindfold on so its to be taken with a pinch of salt.

30 Jun 2022 16:03:13
Sweep, everyone entitled to their view and I, like everyone else is entitled to comment.

My point is that you and others ALWAYS take the glass half empty position even when there is no EVIDENCE to validate your opinion.

The transfer window is barely open, players and staff have mostly just returned from holiday and yet because we haven't made a big signing you and others automatically take the view that we are not going to spend BECAUSE we have no money or the board are keeping is for themselves.

Just my opinion but I think your (and others) pre-judged, uninformed and baseless opinion is wrong and not indicative of someone who supports the club in the manner that the club deserves.

30 Jun 2022 16:56:24
RG I said pretty much the same thing and was laughed at too sell before buy. but I'd be ok with it if it means giving Lowry and co a shot rather than sub standard players. You don't have to pay big fees to get good standard players but you have to do your homework early and take a few gambles.

30 jun 2022 17:42:56
imo

this post was put here to encourage undertoughts of impending doom, a couple, who never need any encouragement to bring the devil to the door have been quick to endorse the op opinion

he has no evidence and hasn’t said anything more

il trust the people who have taken us from a basket case to european finalists, thanks.

30 Jun 2022 19:14:17
Without these baseless supporters which they are many for football clubs around the world the clubs may not survive without there baseless financial support ?
Maybe there baseless financial support is really not needed therefore should we all stop spending our baseless money and stop our baseless opinions on sites like this and see how long they all survive without it?
Just a thought? ?.







 

 

 
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