Rangers Doomsday Clock - Administraion / Liquidation

Discussion in 'Rangers' started by Medro, Nov 6, 2013.

  1. Bhoy From Brum

    Bhoy From Brum Well-Known Member

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    That should solve the problem, chucking more money in!!!

    If they did put £20m in it would keep you afloat for 18 months or so.......but thats not solving the problem of you losing £1m a month!

    What Wallace is doing now is the most important thing for the future of the club. Playing top wages to management and players in the current league is ridiculous
     
    #421
  2. A.L.D.O 4.1

    A.L.D.O 4.1 1 of the top defendants in Europe

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    Nae **** Sherlock .
     
    #422
  3. Moses

    Moses Well-Known Member

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    I totally agree with what you are saying about the wages and Wallace. The squad is definitely too big. The problem now is that we're closer to next season than last season. We will need some of the players we have now for the championship as it looks like it will be a much more competitive league. Do we sell who we can now and then need to get replacements for next season? I believe we could win it without buying anyone else and trimming the high earning deadwood of our current squad.

    The only ones that would get us any real money are the guys I would want to keep (obviously). For me the three most important players to keep would be Wallace, Law and MacLeod. Cribari for example is out of contract in the summer, he's gash, bit makes a lot of cash. Even if we freed him to save money who would take him? I don't know how many are out of contract in the summer, but that may be the only option as compensation to players is not really an option.

    I'm kind of disappointed that we have wasted more time and money on the journey back to the top leagues. I do have a lot more faith in Wallace than some of the other charlatans that have run the place into the ground. He at least has a proven track record and does seem to understand football. As I have said before it's the wages of some of the non-playing staff that really bothers me.
     
    #423
  4. Null

    Null Well-Known Member
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    Any blame attributed to mccoist?
     
    #424
  5. Bhoy From Brum

    Bhoy From Brum Well-Known Member

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    And yet twitter is full of folk talking about Dave King, Murray and The Blue Knights.....
     
    #425
  6. Otto Flayshow

    Otto Flayshow Well-Known Member

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    #426
  7. magicthighs

    magicthighs Member

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    The current market value of Rangers is around £19.5 million. Easedale owns around 5%, or £1 million.

    For him to invest £20 million he would have to buy every single Rangers share, at about £18.5 million and spend £1.5 million on some other special shares taht you can only see if you wear the special glasses.

    So, that's probably not true, then.

    The other way of investing would be to provide a loan. Which is debt. Which is probably not a good long term solution.
     
    #427
  8. Moses

    Moses Well-Known Member

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    I don't know what the fuss is about. I intend to win the euromillions in the next month. I am going to then buy the club outright and create a new board comprising of myself, Gus, Baz, MD, Trev, Gambol, Aldo, Rocket, UN and that other guy I can't remember his name. The one that lives abroad that's always left out. What's his name? That civil rights champion from the place Mark Hateley used to hang out in.
     
    #428
  9. A.L.D.O 4.1

    A.L.D.O 4.1 1 of the top defendants in Europe

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    Tuesdays euromillions will probably have a jackpot of forty million so I'll buy a ticket, win it and gift twenty million to ra Gers .

    I knew those Brian Stockbridge finance classes would come in handy .
     
    #429
  10. A.L.D.O 4.1

    A.L.D.O 4.1 1 of the top defendants in Europe

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    Ffs damn you Mo <doh>
     
    #430

  11. Moses

    Moses Well-Known Member

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    Yes if it says it in the papers it surely must be true
     
    #431
  12. Moses

    Moses Well-Known Member

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    <laugh>.
     
    #432
  13. anportmorbhoy

    anportmorbhoy Well-Known Member

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    You really think intelligent business men would pump £20m into a business that has spunked more than that in 12 months? If there is anything in the story it may be more that they would buying up shares. if they do this the money would be going to share holders not the club. The wouldnt actually see any of it.

    If they are buying shares in a business bleeding money its more likely they want to be in control of the assets for some reason. imo
     
    #433
  14. Big Audio Dynamite

    Big Audio Dynamite Well-Known Member

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    Can the doomsday clock be stopped once started?

    The end is nigh :emoticon-0106-cryin
     
    #434
  15. Bhoy From Brum

    Bhoy From Brum Well-Known Member

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    Or via a loan facility to get cheap shares, claim on assets or a just a nice gesture
     
    #435
  16. Admiral Pure

    Admiral Pure Well-Known Member

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    Actually I'm planning on buying a ticket so when I win, I'll buy Rangers. First move, appoint Superhoops to head a new board. Even worse, I'll keep Ally as manager and give him a nice payrise :emoticon-0130-devil:emoticon-0130-devil
     
    #436
  17. Moses

    Moses Well-Known Member

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    Only if he joins the masons first<laugh>
     
    #437
  18. magicthighs

    magicthighs Member

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    From the Celtic board:

    "McCoist looks and sounds naive but there is a point here.

    Normally, what happens is the board give the manager a budget for wages and transfer fees. If he stick within that, fine. We don't here news about Lennon spending too much because he wouldn't be allowed to. The buck stops with the guy who sets the budgets and signs the cheques. When the budget is reached, you stop signing the cheques: simples.

    What is interesting here is that this simple stuff does not appear to have happened at Ibrox.

    Why? Because the football club is a smokescreen for spivs to line their pockets? Because they were expecting money they didn't get? Because they don't understand 'O' Grade arithmetic?

    The Berrs need to be asking these questions, not poking sticks into the blubbery folds of fat Sal. He's a f**king decoy FFS, can't anyone see that? A patsy, Lee Harvey f**kin' Coisty.

    As per post above on the IPO: They need to ask why Rangers only got £10 million from a £22 million share issue. Why did costs raise to £6 million when the prospectus said £2.5 million? Why was Green et al allowed to take back every penny of the £5.5 million that they paid for the assets of the club? Why wasn't this in the prospectus? Why were the club allowed, unchallenged, to use the money for working capital (AKA subsidise running losses) when the prospectus expressly stated that this wouldnl't happen?

    This is one big con and it makes me sick. Even though it is the current buns."

    You guys need to start asking questions or you will be ****ed over again very, very soon.
     
    #438
  19. Girvan Loyal 1690

    Girvan Loyal 1690 Nobody's safe now

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    So if we ask questions we can sort it?
     
    #439
  20. ManDingo 20"/20"

    ManDingo 20"/20" MDMA Guru

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    Yes.

    Questioning things is the universal answer to world peace/injustice/big tax case.
     
    #440

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