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View Poll Results: What is your attitude to a new "Rangers" entering at Div1?

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  • Opposed - and will walk away from Scottish professional football

    533 53.09%
  • Opposed - but will continue to support the game.

    447 44.52%
  • In favour.

    24 2.39%
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  1. #39451
    Quote Originally Posted by Iain G View Post
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    Steve McClaren being linked to the managers position now...

    https://www.thetimes.co.uk/article/m...gers-9xc27fgwr
    You couldn't make it up..... Ffs Steve Mclaren!!


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  3. #39452
    @hibs.net private member greenginger's Avatar
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    Quote Originally Posted by DarlingtonHibee View Post
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    You couldn't make it up..... Ffs Steve Mclaren!!


    http://www.dailymail.co.uk/sport/foo...niversary.html


    The Wally with the Brolly !

  4. #39453
    Quote Originally Posted by Ozyhibby View Post
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    The players they bought in the summer are not included in these accounts. That will be next years losses.


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    My understanding is that Douglas Park paid for the players and the managers pay off himself. The club dont the have the money as a going concern to fund that kind of payment.

  5. #39454
    Coaching Staff Ozyhibby's Avatar
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    I hope they do get McInnes. There is no way he can achieve what their fans expect, so would eventually be hounded out. In the meantime, it causes disruption at Aberdeen.


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  6. #39455
    @hibs.net private member greenlex's Avatar
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    Quote Originally Posted by greenginger View Post
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    He will look quite dapper when he gets the bowler hat on.

  7. #39456
    @hibs.net private member jacomo's Avatar
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    Quote Originally Posted by Deansy View Post
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    Hope so - McInnes might actually be able to do a job for them !!

    Seems to me they are following the Scott Allan strategy -

    Leak McInness interest to the media, try and destabilise rival club, then make derisory offer.

    I hope they are as successful! McInnes is a good fit for the Dons and Scottish football needs a strong Aberdeen.

  8. #39457
    @hibs.net private member Hibernia&Alba's Avatar
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    Quote Originally Posted by jacomo View Post
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    Seems to me they are following the Scott Allan strategy -

    Leak McInness interest to the media, try and destabilise rival club, then make derisory offer.

    I hope they are as successful! McInnes is a good fit for the Dons and Scottish football needs a strong Aberdeen.
    But it would be funny if he told them to bolt
    HIBERNIAN FC - ON THE RIGHT SIDE OF HISTORY SINCE 1875

  9. #39458
    Couple of interesting snippets from the New Huns' accounts. The forecast of £7.2M funding required to keep the lights on this season and next assumes:

    - qualification and participation in European football next season (presumably group phase since that's when you start making money?)
    - £0 net transfer spend
    - all further loans to come from King & family's NOAL trust (not sure how this squares with inability to fund TP enforced share buyout?)


    So it looks like the other directors have got fed up pumping in the cash and want King to start ponying up. Presumably these figures are before Pedro got the bullet, so won't factor in his payoff and cash required to get new mug in.

  10. #39459
    @hibs.net private member MrSmith's Avatar
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    Quote Originally Posted by JeMeSouviens View Post
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    Couple of interesting snippets from the New Huns' accounts. The forecast of £7.2M funding required to keep the lights on this season and next assumes:

    - qualification and participation in European football next season (presumably group phase since that's when you start making money?)
    - £0 net transfer spend
    - all further loans to come from King & family's NOAL trust (not sure how this squares with inability to fund TP enforced share buyout?)


    So it looks like the other directors have got fed up pumping in the cash and want King to start ponying up. Presumably these figures are before Pedro got the bullet, so won't factor in his payoff and cash required to get new mug in.
    As we only have one place in the Champions League, how can he justify loans given they will get nowhere near winning the SPL for the foreseeable? The SFA/SPFL need to do their job now and end this continued farce.

  11. #39460
    @hibs.net private member Hibernia&Alba's Avatar
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    Quote Originally Posted by JeMeSouviens View Post
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    Couple of interesting snippets from the New Huns' accounts. The forecast of £7.2M funding required to keep the lights on this season and next assumes:

    - qualification and participation in European football next season (presumably group phase since that's when you start making money?)
    - £0 net transfer spend
    - all further loans to come from King & family's NOAL trust (not sure how this squares with inability to fund TP enforced share buyout?)


    So it looks like the other directors have got fed up pumping in the cash and want King to start ponying up. Presumably these figures are before Pedro got the bullet, so won't factor in his payoff and cash required to get new mug in.
    But didn't King's lawyer recently say he is flat broke? They are going to go tits up again as they try to catch Celtic.
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  12. #39461
    @hibs.net private member CropleyWasGod's Avatar
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    Finally got round to looking at the RFC accounts, and would add my own observations to the others.

    1. "the loans are considered to be quasi-equity". It is hoped that there will be a share issue in 2018, at which point these will be converted into shares.

    2. they are interest-free and unsecured. Some, although not clear which, are repayable in July next year.

    3. "our stadium is of the highest standard" Did they get the roof fixed?

    4. some of the Caixinha buys are in these accounts, most not.

    5. 1st team-squad costs were £10.4 m.

    6. these £6m loss was actually after the costs of sorting out the SD stuff, which was about £3m. So, in trading terms, they only made a loss of £3m. Well done, chaps.

    7. the assumptions about future funding are based on their need to be in the Europa League group stages 3 years out of 5. 1 of them has already gone.

    8. the directors don't get paid.

    I'm not sure MSM has picked up on point 7.......

  13. #39462
    @hibs.net private member jacomo's Avatar
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    Quote Originally Posted by Deansy View Post
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    Hope so - McInnes might actually be able to do a job for them !!

    Seems to me they are following the Scott Allan strategy -

    Leak McInness interest to the media, try and destabilise rival club, then make derisory offer.

    I hope they are as successful! McInnes is a good fit for the Dons and Scottish football needs a strong Aberdeen.

  14. #39463
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by Hibernia&Alba View Post
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    But didn't King's lawyer recently say he is flat broke? They are going to go tits up again as they try to catch Celtic.
    I've tried to get hold of NOAL's accounts, with no luck.

    NOAL is a family trust, so it isn't his personal cash. The Court case was about his personal ability to buy the other shares. He may have a lot of equity in NOAL, whilst still being cash-poor.

  15. #39464
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by MrSmith View Post
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    As we only have one place in the Champions League, how can he justify loans given they will get nowhere near winning the SPL for the foreseeable? The SFA/SPFL need to do their job now and end this continued farce.
    Not sure what the SFA can do. The club is paying its bills, and is a going concern. For the foreseeable, it will continue.

  16. #39465
    @hibs.net private member MrSmith's Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    Not sure what the SFA can do. The club is paying its bills, and is a going concern. For the foreseeable, it will continue.
    I guess so but the continued loans are surely irresponsible and against Europe's FPP rules?

  17. #39466
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by MrSmith View Post
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    I guess so but the continued loans are surely irresponsible and against Europe's FPP rules?
    Irresponsible, sure, but so was Hearts appointing Cathro

    They're not against the FFP rules. They make that clear in the accounts, and I presume that the auditors are in agreement with that. I am guessing that the "hope" to have a share issue next year would be their get-out.

    UEFA would have the last word on that, though.... as they did this season.
    Last edited by CropleyWasGod; 06-11-2017 at 02:51 PM.

  18. #39467
    @hibs.net private member MrSmith's Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    Irresponsible, sure, but so was Hearts appointing Cathro

    They're not against the FPP rules. They make that clear in the accounts, and I presume that the auditors are in agreement with that. I am guessing that the "hope" to have a share issue next year would be their get-out.

    UEFA would have the last word on that, though.... as they did this season.
    Ha ha aye its really complicated stuff huh! I guess I thought that all clubs should be self sufficient or bank rolled by their owners not 3rd, 4th, 5th or even 10th removed parties.

  19. #39468
    @hibs.net private member BigKev's Avatar
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    I wonder how much they'll blitz in the summer of 2020 when Celtic will be going for 10 in a row.

    Every chance they could be on reincarnation no.2 by then 😁

  20. #39469
    Coaching Staff Thecat23's Avatar
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    Quote Originally Posted by BigKev View Post
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    I wonder how much they'll blitz in the summer of 2020 when Celtic will be going for 10 in a row.

    Every chance they could be on reincarnation no.2 by then 😁
    Be lucky to make 2020.

  21. #39470
    Will they be allowed to have a share issue if the court finds for the takeover panel .

  22. #39471
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by ancient hibee View Post
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    Will they be allowed to have a share issue if the court finds for the takeover panel .
    Don't see why not.

    If the Court support the TP, DK et al will have to find a way to buy the remaining shares. Can't see that being a legal barrier to another share issue, although it may concentrate minds on whether they actually want one.

    If it goes that way, I reckon DK will be looking for an exit route.

  23. #39472
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    Quote Originally Posted by ancient hibee View Post
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    Will they be allowed to have a share issue if the court finds for the takeover panel .
    I'd imagine not until the matter had been fully resolved one way or another. The takeover panel is merely seeking the COS to enforce the gasl to comply with its normal business practice rules. I can't foresee any other outcome than the Court ordering him to comply which would almost certainly put any plans of an ordinary share offer being processed on hold until the matter of compliance had been resolved one way or another.

    GGTTH

  24. #39473
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    Quote Originally Posted by Ozyhibby View Post
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    I hope they do get McInnes. There is no way he can achieve what their fans expect, so would eventually be hounded out. In the meantime, it causes disruption at Aberdeen.


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    Hmmm, good thinking - fingers crossed !

  25. #39474
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by lgnsh70 View Post
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    I'd imagine not until the matter had been fully resolved one way or another. The takeover panel is merely seeking the COS to enforce the gasl to comply with its normal business practice rules. I can't foresee any other outcome than the Court ordering him to comply which would almost certainly put any plans of an ordinary share offer being processed on hold until the matter of compliance had been resolved one way or another.

    GGTTH
    The TP's action is against DK, not the company, so I can't see why it would, or could, stop them issuing more shares.

  26. #39475
    @hibs.net private member oldbutdim's Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    Finally got round to looking at the RFC accounts, and would add my own observations to the others.





    8. the directors don't get paid.

    I'm not sure if it's relevant or not....................... but I believe Paul Murray and James Blair are directors of a security company which just happens to be the same one that The The Rangers use to employ thugs to eject hapless opposition fans from the Hunnery.

    I wonder how much they get from that?

  27. #39476
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by oldbutdim View Post
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    I'm not sure if it's relevant or not....................... but I believe Paul Murray and James Blair are directors of a security company which just happens to be the same one that The The Rangers use to employ thugs to eject hapless opposition fans from the Hunnery.

    I wonder how much they get from that?
    You've just reminded me to look at them. Someone mentioned them over the weekend, and I made a mental note to have a squint.

    What was their name? Or what thread was it on?

    EDIT... Garrion. I'll be back.
    Last edited by CropleyWasGod; 06-11-2017 at 04:20 PM.

  28. #39477
    Coaching Staff Iain G's Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    You've just reminded me to look at them. Someone mentioned them over the weekend, and I made a mental note to have a squint.

    What was their name? Or what thread was it on?

    EDIT... Garrion. I'll be back.
    Garrion camping?

  29. #39478
    @hibs.net private member oldbutdim's Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    You've just reminded me to look at them. Someone mentioned them over the weekend, and I made a mental note to have a squint.

    What was their name? Or what thread was it on?

    EDIT... Garrion. I'll be back.
    Garrion it is.

    I think it may be a subsidiary of The The Huns.

  30. #39479
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    Quote Originally Posted by CropleyWasGod View Post
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    The TP's action is against DK, not the company, so I can't see why it would, or could, stop them issuing more shares.
    If enforcement is issued I'd imagine there would be no new share issue until the matter of enforcement had been settled one way or another. Mind you I'm basing my opinion on normal practice logic as it would seem logical to have the matter of enforcement brought to a close before issuing new shares. Of course there's no telling what they might actually do whether or not its logical with the example already being they reached a conclusion ordinary business practice rules don't apply to them. There's no telling what such unscrupulous blase people might actually do, granted.

  31. #39480
    @hibs.net private member CropleyWasGod's Avatar
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    Garrion Security Services Limited....

    1. 100% owned by Rangers International, the club's holding company.

    2. directors are Dickson, Robertson (both appointed in August this year) and Murray (appointed March 2015).

    3. latest accounts are for June 16. It made a loss of £144k, and has net liabilities of £238k.

    4. Going Concern covered by the assurance that RIFC will continue to support it for the foreseeable.

    5. at June 16, owes RIFC £34k, which will not be pursued for the moment.

    6. the directors take no remuneration from the company.

    The June 17 accounts will be interesting.

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