Rangers Finances

 

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13 Jan 2018 21:24:56
Okay so I've seen the board getting absolute pelters regularly on here. Surely they deserve massive credit for taking the team to America and playing in this tournament. Speaking from experience (military), going away together creates fantastic unity and focus. Exactly what our team needed. For me the result against Corinthians (no mugs) is hopefully a turning point. Onwards and upwards!

Agree7 Disagree6

14 Jan 2018 19:59:47
Didnt the team take the team to America?

13 Jan 2018 09:21:05
Still no administration then? Oh what a disappointment for the dark side we await your next made up story saddos!

Agree5 Disagree4

13 Jan 2018 10:15:13
Don’t panic tinman it’s coming. Unless of course we can find someone to bankroll us, however that’s not going to happen while King is still involved with the club.

13 Jan 2018 10:52:13
I would not want to be hanging by the goolies waiting on on your administration rumor coming to fruition that’s a few years now we’ve had this a think big Dave is doing a grand job remember it’s a five year plan sorry to disappoint you but there will be no administration mate 🇬🇧

13 Jan 2018 11:21:04
You just keep ignoring reality tinman. We are a shambles with king in charge. If the Murphy embarrassment didn’t prove that I don’t know what will. Maybe you could tell me how we can avoid administration?

13 Jan 2018 12:13:27
Maybe you can explain why more to the point?

13 Jan 2018 13:49:23
He won’t but g4rry because he does not know🤭

13 Jan 2018 14:03:10
maybe he thinks that if we go into admin we get rid of all that debt and it only costs us point reduction. as Super Ally said to Whyte the last time "do it" .

13 Jan 2018 14:37:00
ABHABH1 all the Murphy transfer proves is that we're living within our means by paying for players when we have the readys. If you found that embarrassing then perhaps your a bit too bashful. The main reason we are still living off loans is down to your hero Ashley, who prevented a resolution to turn those loans into equity, and took all of our retail profits. Since we are finally rid of that evil parasite we will see some of our retail revenue and be able to attract further investment. If it makes you feel better you can just keep ignoring reality, perhaps King will go to jail for all his lies and a new sugar daddy will ride in and bankroll instant success!

Keep Believing

13 Jan 2018 15:14:06
We have no money, at present we have no prospect of any money coming in, as things stand administration is a certainty. Now tinman maybe you can explain why you believe administration won’t happen.

13 Jan 2018 17:09:25
As I told you we have a 5 year plan that we are sticking to yes mistakes will be made along the way but Mr. king and the board are doing fine but people like you would love us to go in to administration was it yesterday you lot said it would happen? And it didn’t so when is it now next Friday now or the Friday after that utter crap the reason is this we have no debt we owe soft loans to the directors and some investors which in turn will be paid back in shares we will do a share issue + the season ticket money for next year and maybe mr. king has some investors waiting in the wings to come you don’t know we will just have to wait and see but maybe you know more so let’s hear it?

13 Jan 2018 19:27:21
That’s hilarious Marv, I love that you think that Ashley’s gone. Tinman can you explain the 5 year plan to me and how that’s going? If you two want to ignore reality and believe that we have a future with the current board then go ahead but don’t slate me just for telling it like it really is.

13 Jan 2018 20:07:21
I haven’t heard from you how we are going into administration yet fire away

13 Jan 2018 21:04:18
Ok tinman here I go again. Administration happens when a company is no longer able to meet its liabilities i. e we have no money to pay the bills. As we are already in that situation or perilously close to it then administration is only a matter of time. Is that clear enough for you?

13 Jan 2018 21:26:43
But we do pay our bills and don’t fall into that category end of sorry to disappoint you and you keep saying it will not make it happen you tell more fibs than Pinocchio 🤥

13 Jan 2018 21:35:14
If as you say we have no money why would the board apply for planning for stadium repairs, and expansion to Auchenhowie? Why would they expand their numbers of staff? Why would they enter into negotiations with other clubs over players? Why did they outlay £8-9m on players in the summer? If they were heading for admin why would they give Ashley £3m? You and other Celtic bloggers have been telling us since King took over that admin2 is coming, yet we're in a much better position than we were then.

You claim to be telling it like it really is but all you seem to do is predict doom which never arrives. If it does ever go pear shaped you'll be able to say I told you so but if not we'll have to put up your eternal negativity.

13 Jan 2018 23:30:19
I do like and appreciate consistency and not having visited this page for over a year it is good to see ABHABH1 retains not only his sense of humour but continues to stick with his own particular fact pack.

15 Jan 2018 07:24:48
As big DJ says it all ifs, buts, and maybes. I said before I only look at the accounts and we do have a cash flow problem. We need over £7m to keep the lights on this year and all that money is from DK. If (there that word again) the takeover panel verdict stand we are in trouble. We also have millions to pay in transfer fees this coming summer. Yes we will have season ticket money but more money to pay out of it before we kick a ball. The board look divided a king faction V the rest. Why is King the only one putting money in now? . Think we all agree at the end of the day we all want the same thing a strong winning Rangers, we might fall out or have different views but want the same outcome. I just hope and pray we never have to go through what we did 6years ago. Stay united but vigilant bears.

13 Jan 2018 00:01:50
Dave King appeal is for Feb 28th.

Agree1 Disagree1

13 Jan 2018 14:03:41
he is fecked, no matter what, spiv ruined us again

13 Jan 2018 15:15:34
The man should be chased as far from our club as possible. Should never have been allowed here in the first place.

12 Jan 2018 20:26:13
Club submitted plans for a memorial gardens at Copland road. Looks good and I like the idea of it. Things like this cost money to do so not bad for a club that's going into administration next week.

Agree0 Disagree1

12 Jan 2018 21:41:29
I agree that a memorial should be built, and the memory of those fans honoured. But do you not think that the club should be making sure everything from the foundations up should be dealt with first. Having seen the images, ive got to say it doesn't look too great. Your club should make sure they're on a sound financial foot first and foremost, then maybe get that memorial put in place, something more grand and fitting to those lost than the one being shown today. Just an honest opinion.

13 Jan 2018 00:16:21
Who’s says there not?
We are bringing new youth coaches 3 this week.
Set up our scouting network.
On trip to Florida.
Bringing in new players.
Doing the repairs needed to the stadium.

But yeah we are going down the tubes because a load of tims out bets on us going into administration again.

The only people saying things are bad at ibrox are your lot.

I am not in anyway saying we are flush but we have a board who have put money into the club and still are doing so. do you really think we would be doing all of the above if they thought they where going to lose a large percentage of there money from us going into administration.

13 Jan 2018 14:06:01
Frustratedbear1 so your privy to what exactly we are due to everyone and who has put in what etc? please do enlighten us fans, because I for one can assure you there is so much hidden crap in our club, that even an exterminator would be able to get rid of the vermin.

15 Jan 2018 18:07:54
You signed Aluko in the November before administration and Celik for £240,000 a whopping 25 days before you went bust so being a bit flush with what meagre pounds you have while running full speed off a cliff is not new for you as a club. I don't know if admin will happen soon or not but it won't be the standard "we have ran out of cash and our creditors are calling" deal.

It will be done by either board members/ investors or King calling in their markers in a power struggle to effectively impact the other. No one seems to be denying they have talked to admin specialists for a quote on a pre-pack admin, that in itself may tell its own story.

15 Jan 2018 18:18:36
did I say I have any info I’m going on what been put to us by the board etc

If I’m so wrong why don’t you tell us what exactly you k ow I never claimed to know anything for a fact but I’m taking it on face value as I do t want to be a fan that paranoid and don’t trust anyone and think everyone is lying so please put me right with what you said you can assure me with.

I wait for your assurance on this.

10 Jan 2018 22:11:37
Good to see the board starting on the building repairs, it's not cheap at a million but well worth it, money well spent.

Agree9 Disagree13

13 Jan 2018 14:07:48
OMG. 1million really? who doing the job / the Trotters.

09 Jan 2018 21:21:51
What's this I hear bookies have dropped odds for us going into administration

Agree3 Disagree2

10 Jan 2018 07:17:52
Aye the dark side have been throwing there money down the drain for some reason teee heeee

10 Jan 2018 22:50:20
So your not in the least concerned?

11 Jan 2018 21:30:21
No am not concerned what so ever because it’s total rubbish

13 Jan 2018 00:01:50
It’s only a matter of time before we are forced into administration.

09 Jan 2018 20:07:01
Anynews on the administration of our club any statements yet?

Agree2 Disagree5

10 Jan 2018 07:15:47
Are you no fed up with that one it’s a bit played out now a think eh?

10 Jan 2018 13:27:00
Go over to the dark side they know everything about Rangers

12 Jan 2018 14:48:39
Seemingly it’s now Monday for admin 🤣😱🤣 according to the soap dodgers! I’ve never met a more deranged bunch of Moon howlers in my life. A 0 - 0 draw at the piggery, with Murty out smarting Brenda tactically has tipped them over the edge big time! 😂😂😂

12 Jan 2018 16:09:54
Batten down the hatches UJ. Witty (or so they think) retorts on the way from the usual suspects- bham, lh, raymie, etc etc. All foaming at their big gobs

13 Jan 2018 13:44:04
I hope it doesn't happen for at least another week or two, these posts you send are hilarious. 😂 its all building up.

09 Jan 2018 13:56:51
I am not believing that we are going into administration but we are only able to get by, buy players and upgrade facilities on soft loans. Things cannot continue like that its nonsensical in the long term. Should be looking at stabilizing, offloading the dross and committing to future plans. Seeking players we need with proven ability within this league or similar, too mny foreign expensive players and poor loan choices in my opinion. That's only my opinion though.

Agree14 Disagree3

09 Jan 2018 12:06:33
Don’t shoot the messenger rumour has it that Dave king has been speaking with Brian Kennedy about the 11 million pound shares and the sale sharks owner is very intrested in coming in and being on the board to
Me that seems like really good news so we could get more investment and the club stays well clear of sports direct fat man 👌🏻

Agree6 Disagree13

10 Jan 2018 12:47:26
Why does King need to go to Brian Kennedy?

09 Jan 2018 09:26:11
The Murphy deal was brokered on the projection of future season ticket sales. These forecasts were given to Brighton as part of a financial viability statement.

For a club that's been through the wars with fans who have constantly walked over coals the lack of transparency from the boardroom is disgusting.

Agree11 Disagree11

 


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