Rangers Finances

 

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15 May 2022 17:05:32
Whats the thoughts on the sports direct situation Mull? Even if as on the dark side has said it cost us 20mill that i would imagine is covered by patterson gerrard and Europe.
Are we a debt free club with a valuable squad with possibly money in the bank?

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16 May 2022 23:22:10
We have settled out of court according to the Sun. All confidential, so we wait til the accounts are out to find out the total.

17 May 2022 14:34:17
If it was anywhere near 20m, the fat man would never have asked for a non disclosure. That in itself speaks volumes.

Would bet the figure (if any) is nearer to zero than 20mil.

17 May 2022 21:26:20
Yes slim. It’s unlikely to be published in accounts as that would b a clear breach of confidential clause.
Should be included in operating costs.

10 May 2022 11:48:05
Can anyone advise if I've been duped. During the recent rangers share issue I purchased shares via follow follow. This was a scheme for those who could not afford the 500 pound a share price. They would buy shares and contributers would get a share certificate. Still waiting and no reply to numerous requests for information!
Have I been scammed? Anyone else in similar position? Help please.

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10 May 2022 12:57:55
Sorry mate I’d be worried, is mark Dingwall not still at follow follow. Good guy, he should keep u right.

10 May 2022 20:30:41
Seek advice from the relevant authorities. Share certificates are such an antiquated way of holding shares these days, costly and time consuming. Hope you get it sorted.

10 May 2022 10:45:18
Saw a video yesterday that explained the prize money on offer for our run to the final and should we win it. Tried to post a link but for whatever reason it hasn’t been uploaded by the Ed. It says that if we win we can expect to have generated at least 90 million from europa run, super cup appearance and champions league qualification. If accurate that’s a pretty tidy sum of money considering it’s apparently “the worst europa cup final ever”.

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17 Mar 2022 20:56:19
How much is that result worth to us tonight guys? John25 in particular you're the man in the know.

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17 Mar 2022 22:01:09
We probably earned around 4.5 million in that round and that also guarantees we will get around 5 million in the next round give or take a few quid.

18 Mar 2022 05:48:55
Getting into quarter finals you get 1.8 million euros. In the thread below.

18 Mar 2022 11:49:17
Paul u r correct re 1.8 million euros for reaching quarters.
Tv money for us in quarters is also 1.3 million euros.

Then circa 2 million pounds plus gate money.

08 May 2022 21:01:52
Turns out of the sums are correct and we win it will be close to 90m income from Europe including cl monies of we win the cup that is spectacular and will eclipse anything in Scotland before add in all the extra sponsors that will follow a euro win and the possible players who will want yo come and play in these games and win trophy after trophy , all our eggs should be on the euro Cup for these reasons

IOM? YOUR VERY VERY QUIET REGARDING THIS RECENT SUCCESS.

09 May 2022 13:43:05
I do think we r now using dembelle calculator, ness could u do a breakdown if u have time please.

09 May 2022 15:39:30
30m for champions league qualifying is well documented, prize money gate money and everything else associated with this run if the cups won is all over the net and papers the merchandise alone after a win in Europe for the club with more tops and the likes it isn't really hard to figure out.

10 May 2022 07:14:47
Well not what uefa say on prize list or tv share.
And not based on gate receipts.

12 May 2022 20:56:11
Well ots there for all to see now on the news and papers ect as I said I read it and posted it and look turns out was a correct rumour even SB cane out and u commented on this yourself since this comments were made,

We don't all need to have club contacts even though I do have a very good insider contact I just don't tell secrets am told that affect or even make out club better it's more than the lads job is worth (sport science neat in his field opened the academy in dubai John Collins and kris boyd are his best friends his Mrs used to cut all the players hair before they relocated back here to Inverness) his initials are DM he dose a lot of work with the youth and prospective signings, I get loads of info regarding our great club but like I say don't share private discussions especially with those in power

Seems John if u ain't th3 source u ain't interested in anything and rarely apologise for been wrong either.

13 May 2022 08:07:10
Hi Ness bear thanks for remembering me lol. I'm waiting on the facts and figures before making rash comments. I've already congratulated the team on a wonderful, outstanding performances, but will wait to see the accounts. By all the info said on here if we don't make a profit of £25-30m something not right, we have not spent a penny in the transfer market so a big profit is a must. Just to add Ashley is in line to take some of our profit.

13 May 2022 12:28:35
Ness wetting my self. Grow up.
Jealousy is a wonderful thing

John a great wee golfer him and big huges play with them regularly in cragielaw.

13 May 2022 12:30:37
Ness noticed last sentence, I apologise often, but you have me in your head.

Enjoy Seville.

13 May 2022 12:31:27
Mull can you explain how Ashley is in line to take some off our profit.

14 May 2022 06:25:42
The court case, we have already lost, Bill will fall in the next couple of months. I know your a lawyer (sorry have law degree, a accountancy degree and have more contact at Ibrox than any of us normal bears. How did you forget about this bill will be near £10m.

14 May 2022 08:43:55
Because I disagree. We won our appeal iom.

15 May 2022 11:04:25
RANGERS have lost their legal battle with Sports Direct over the disclosure of documents relating to the club's deal with Castore and could be forced into a multi-million pound pay-out.

A company in the Sports Direct Group, SDI Retail Services (SDIR), is suing the Ibrox club for damages after successfully claiming Gers had breached an agreement with the sportswear firm over merchandise rights.

The sportswear firm owned by Mike Ashley (who will step down in May next year) took Rangers to court to claim for losses arising from the club's kit deal with Hummel, struck in 2018, but their most recent deal with Castore also factors in when calculating the final cost of the damages.
From the Sun December 21
Now my learner friend show us your evidence of the appeal you say we won.

15 May 2022 14:03:01
Riom I’m no longer interested in anything u have to say. You know more than the courts and judges
Enjoy Seville stay safe.

15 May 2022 18:44:58
Same to you John and the prosecution rest.

15 May 2022 21:05:32
Cheers re Seville mate.

16 May 2022 00:09:09
You too John let's bring it home.

18 May 2022 08:26:02
Mull we will I’ve felt that way since 4-2 in Dortmund.

11 Mar 2022 10:29:09
Europa League prize money ( excluding ticket sales etc ) .
• Qualified to group stage: €3,630,000
• Match won in group stage: €630,000 x 2
• Match drawn in group stage: €210,000 x 2
• 1st in group stage: €1,100,000
• 2nd in group stage: €550,000
• Knockout round play-offs: €500,000
• Round of 16: €1,200,000
• Quarter-final: €1,800,000
• Semi-final: €2,800,000
• Runner-up: €4,600,000
• Champion: €8,600,000
That's 7.5 million Euros earned already.
It's been a brilliant source of income for the club since Gerrard arrived, with Gio now continuing the good performances at this level.

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16 Mar 2022 10:42:00
I agree but again we seem to focus on money coming in and not the other way round. In the last accounts our wage bill was just under £45m, that would have increased so our EL income might cover 8 or 9 weeks wages. As I've always said it's very expensive to run a football club even in Scotland but without the big money benefits (FFS the English woman Cup winners will get £3m next season) . We have lots of outgoings before we pay the leckie bill.

17 Mar 2022 12:02:43
Mr ph once again we find someone who only counts part of income from Europe, they ignore gate money tv money corporate. Pmsl.

17 Mar 2022 14:29:46
Agreed John25.
Never on to congratulate the team, only to pick over the finances?
Strange?

17 Mar 2022 14:53:29
Prob taken in circa 15 million from gates in 6 home games in europe this season also. on top 12 million for patterson and 4 milliom for SG. And the 7mill earnimgs from europa of course.

17 Mar 2022 20:14:22
Paul not to be pedantic we have had 7 home European ties with a 8 now.
Apart for 1.8 million euros for appearing in quarters we also get at least 1.2 million tv Money. So tie will raise at least 5,5 million.

18 Mar 2022 05:50:19
John your correct. I was totally missing out alashkert. Had it in my head we went straight from malmo into europa groups.

18 Mar 2022 07:40:29
Cool paul.

26 Mar 2022 08:01:36
Yes John some people only count part of the ins and outs.

Then circa 2 million pounds plus gate money.
Minus 20% VAT
ie £2m minus 400k.

26 Mar 2022 09:20:48
Once again we have covered this multiple times, u really do not get it mate.
U need to earn it to be taxed on it. You also know many parts of tax r written off, when calculating a return.
I have told u many times I know how finance works, all u do is run down our club.
Do u have better qualifications than our company accountants.

01 Apr 2022 18:38:34
I agree John being one of your cohorts 👍.

01 Apr 2022 19:58:42
Molsgoals lol, we always stand side by side even when we disagree mate. It’s called respect.

04 Mar 2022 14:03:35
85,000 sell out in Sydney. Rangers and Celtic receive equal share.

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04 Mar 2022 13:06:08
Davie King now accepts he made a big mistake stepping down as Chairman and board member but it was his decision to step down. He is also now frustrated that Club 1872 cannot raise the funds to buy his shares. King did a wonderful job as Chairman and is damaging his legacy by this this name calling and second guessing the board nonsense. If he wants back on the board there are ways to achieve that without damaging the unity of the club.

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04 Mar 2022 15:41:58
Everyone but King knew that a group of individuals ( Club1872 ) would struggle to raise the required amount.
They continually fall out amongst themselves in direction and policy!

05 Mar 2022 11:57:24
Agree mr ph 1872 are a basket case imo.

06 Mar 2022 17:40:43
King walk away with the share issue money that's true.

08 Mar 2022 18:41:40
Could you imagine trying to set direction and policy on this website highlights the problem they have.

 


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