Generic Sevco / Rangers meltdown thread

[Killiehibbie]

Is that the gangster like bus company owners that used to burn down rival bus depots (allegedly)?

That's them. They maybe or maybe not robbed IBM of half a million pounds worth of chips many years ago then diversified.

[Prof. Shaggy]

That's them. They maybe or maybe not robbed IBM of half a million pounds worth of chips many years ago then diversified.

That's a lot of chips. Wonder if they sold them on to Mrs B.

[speedy_gonzales]

Wonder who they'll go for to replace Gerrard?

Not sure how accurate it is, but read elsewhere that Derek McInnes had a sit down with them recently, with an initial aim to act as caretaker for the rest of the season.
Again, unsure if the accuracy so don't shoot the messenger.

[gbhibby]

Gerard and Beale seen in London. If and when he takes Villa job I am sure he will raid The Rangers for Kent and Patterson.

[HoboHarry]

Gerard and Beale seen in London. If and when he takes Villa job I am sure he will raid The Rangers for Kent and Patterson.
Kent is decent but I imagine Gerrard will be aiming higher than that unless Gerrard takes advantage of how broke Sevco are and low balls them. Now that would be funny.......

[Gmack7]

Kent is decent but I imagine Gerrard will be aiming higher than that unless Gerrard takes advantage of how broke Sevco are and low balls them. Now that would be funny.......

He's more likely to go for Porteous and take his creepy ***in wierd obsession to a new level

[04Sauzee]

Gerard and Beale seen in London. If and when he takes Villa job I am sure he will raid The Rangers for Kent and Patterson.

Could definitely see him going for Kamara

[Brightside]

I’m not sure there is anyone in that Rangers team that would get a game for Villa.

[gbhibby]

He's more likely to go for Porteous and take his creepy ***in wierd obsession to a new level
Ryan was on Villa's radar at one time.

[Smartie]

Could definitely see him going for Kamara

I don’t think he’ll want anyone and as soon as he’s away he’ll be very critical of the standard up here to lend himself some credibility with the fans of his new club.

[Tommy75]

I don’t think he’ll want anyone and as soon as he’s away he’ll be very critical of the standard up here to lend himself some credibility with the fans of his new club.

I think the opposite. If he is critical of the standard up here then surely questions will be asked over his poor record (1 trophy in 9 hardly entitles him to be critical of the standard).

Callum Davidson has won more than him as a manager in a shorter period of time.

[green day]

https://twitter.com/FollowMeltdowns/status/1458751054003245060?s=20

Amusing

[007]

https://twitter.com/FollowMeltdowns/status/1458751054003245060?s=20

Amusing

Saddest thing about it is that he actually has a full size cardboard cutout.

[NorthNorfolkHFC]

If fat morelos is as good as the record says, surely Gerrard will move to secure the world's best striker.

Oh wait.

[jacomo]

If fat morelos is as good as the record says, surely Gerrard will move to secure the world's best striker.

Oh wait.


He could have given Sevco some broad assurances on that to let him leave quickly. Then it will turn out that Villa find the £15m valuation of Alfredo as ludicrous as everyone else.

[Bostonhibby]

Saddest thing about it is that he actually has a full size cardboard cutout.Probably only just realised it's a cardboard cut out, been talking to it, and performing other Masonic rituals with it for weeks.

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[CropleyWasGod]

Reported to be £4.5m compensation.

That will make a huge dent in their financial problem.

[HoboHarry]

Reported to be £4.5m compensation.

That will make a huge dent in their financial problem.
Well it just makes the 7.5M hole less deep no? Also, they were saying 2m a couple of days ago - I'm more inclined to believe that figure.

[oneone73]

Reported to be £4.5m compensation.

That will make a huge dent in their financial problem.

They have to replace the manager and backroom staff though. If they want anyone who's in a job, that will cost.

[jacomo]

Reported to be £4.5m compensation.

That will make a huge dent in their financial problem.


Just about to post the same. The Lying King is probably cross he didn’t round up the interest to a cool £1m, now that Rangers have some cash lying about.

[007]

https://www.rangers.co.uk/article/club-statement-11-11/59uIWHbnTGNvF7wRXO1oAI

https://i.ibb.co/WD5mWZf/Screenshot-20211111-130930-Instagram.jpg (https://ibb.co/4sthZzp)

[CropleyWasGod]

They have to replace the manager and backroom staff though. If they want anyone who's in a job, that will cost.

Sure, but if they go for van Bronckhorst, there won't be any compensation.

[Torto7]

https://www.rangers.co.uk/article/club-statement-11-11/59uIWHbnTGNvF7wRXO1oAI

https://i.ibb.co/WD5mWZf/Screenshot-20211111-130930-Instagram.jpg (https://ibb.co/4sthZzp)


A nasty little bully ned well suited to them
I wish him nothing but failure in the future.

[MrSmith]

Erm, Sevco's the rankers first title Steven!

[Keith_M]

Reported to be £4.5m compensation.

That will make a huge dent in their financial problem.



Are you gonna give it a rest with all these positive financial views of Der Hun?


You really are dampening the mood for everybody


:na na:

[jacomo]

Erm, Sevco's the rankers first title Steven!


He did put it in quotation marks.

[JeMeSouviens]

Erm, Sevco's the rankers first title Steven!

:agree:

And you can tell how much it hurts all the Old Huns by the way they have to continually pretend it's "55". :wink:

[Bostonhibby]

:agree:

And you can tell how much it hurts all the Old Huns by the way they have to continually pretend it's "55". :wink:If only they hadn't walked away and allowed the business to liquidate.

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[Hibernia&Alba]

Reported to be £4.5m compensation.

That will make a huge dent in their financial problem.

Supposedly that is for Gerrard and all his team combined. Half what Celtic got for Rodgers.

[ScottB]

Plugged half their budget hole, now they can bring in a lesser, but more staunch name who won’t be in the media demanding money to spend.

The Board is probably delighted.

[hibbydog]

I have to say, the violent racist that is John Terry is a perfect fit for Sevco.

A whole catalogue of despicable behaviour over a long period of time.

They deserve each other.

[gbhibby]

Saddest thing about it is that he actually has a full size cardboard cutout.
There is another grown man who has just dumped one(cardboard cut out) at the door of Ibrox. Strange people. Has anyone been in touch with SJM to tell him to show his new boss what a Scottish Cup winners medal looks like.

[h1bs4life]

Why don’t they just hire another manager , call him Steven Gerrard and tell everyone it’s the same management team. They have used that before

[Green Reaper]

Why don’t they just hire another manager , call him Steven Gerrard and tell everyone it’s the same management team. They have used that before

The Steven Gerrard

[Iain G]

Why don’t they just hire another manager , call him Steven Gerrard and tell everyone it’s the same management team. They have used that before

Scouseco?

[Bostonhibby]

The Steven GerrardSteveco?

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[Hibernia&Alba]

The Steven Gerrard


Scouseco?


Steveco?

Sent from my SM-A750FN using Tapatalk

:top marks

[007]

Why don’t they just hire another manager , call him Steven Gerrard and tell everyone it’s the same management team. They have used that before

Severenceco

[heretoday]

I think the opposite. If he is critical of the standard up here then surely questions will be asked over his poor record (1 trophy in 9 hardly entitles him to be critical of the standard).

Callum Davidson has won more than him as a manager in a shorter period of time.

Davidson would be the sensible appointment for Rangers right now. Luckily they don't have any sense and will get some old hun.

[Iggy Pope]

Davidson would be the sensible appointment for Rangers right now. Luckily they don't have any sense and will get some old hun.

Wonder if he’s related to Bobby Davidson.....

[Glory Lurker]

Ruth Davidson?

[Bostonhibby]

Ruth Davidson?I'm thinking Jim Davidson might fit right in.

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[Hibernia&Alba]

I'm thinking Jim Davidson might fit right in.

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:top marks

Exactly the type of rabid right wing Tory bigot, still stuck in the 1970s, they would welcome with open arms.

[EI255]

So long Scouser ned https://uploads.tapatalk-cdn.com/20211111/c325812e2cc4a674c4252e861a0f420d.jpg

Sent from my LG-H870 using Tapatalk

[EI255]

Still love this comment on Follow follow from yesterday [emoji1787] pmsl... https://uploads.tapatalk-cdn.com/20211111/41dc25c85adb8302e8ad915470da258e.jpg

Pick that apart ya dafties!!

[Iain G]

Still love this comment on Follow follow from yesterday [emoji1787] pmsl... https://uploads.tapatalk-cdn.com/20211111/41dc25c85adb8302e8ad915470da258e.jpg

Pick that apart ya dafties!!

His autocorrect seems to have changed bigotedest to biggest...

[heretoday]

If fat morelos is as good as the record says, surely Gerrard will move to secure the world's best striker.

Oh wait.

He'd get knocked about by hairy-ersed Burnley defenders.

[gbhibby]

So long Scouser ned https://uploads.tapatalk-cdn.com/20211111/c325812e2cc4a674c4252e861a0f420d.jpg

Sent from my LG-H870 using Tapatalk
That's superb.

[Bostonhibby]

He'd get knocked about by hairy-ersed Burnley defenders.His first signing will surely be Nick Walsh.

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[gbhibby]

Apparently Gerard was told that Ryan was going to have a word with him at Hampden so S#at himself and decided to get out of the country.

[HoboHarry]

So long Scouser ned https://uploads.tapatalk-cdn.com/20211111/c325812e2cc4a674c4252e861a0f420d.jpg

Sent from my LG-H870 using Tapatalk

Fantastic :top marks

[Hibernia&Alba]

Financially in the grubber again; no manager or backroom staff; ageing team that is struggling for form.

Bring on the semi-final :flag:

[Prof. Shaggy]

His autocorrect seems to have changed bigotedest to biggest...

It doesn't do apostrophe's very well.

[JohnMcM]

So long Scouser ned
https://uploads.tapatalk-cdn.com/20211111/c325812e2cc4a674c4252e861a0f420d.jpg

Sent from my LG-H870 using Tapatalk

Who ever you are, what ever you are, what ever God you believe in, for this post you will forever be a legend in the legions of Sevco piss-takes. My hat doffs itself to you in admiration of your comic genius.

[mjhibby]

So long Scouser ned https://uploads.tapatalk-cdn.com/20211111/c325812e2cc4a674c4252e861a0f420d.jpg

Sent from my LG-H870 using Tapatalk

11 out of 10 for that. Superb.👏👏👏

[Moulin Yarns]

A question about Van Bronkhorst and Gattusso.

Did either benefit from the EBT additional letters?

If so will Hector go after them if they work in the UK?

[JimBHibees]

A question about Van Bronkhorst and Gattusso.

Did either benefit from the EBT additional letters?

If so will Hector go after them if they work in the UK?

Think they both did.

[CropleyWasGod]

A question about Van Bronkhorst and Gattusso.

Did either benefit from the EBT additional letters?

If so will Hector go after them if they work in the UK?

It's irrelevant where someone lives. If HMRC think they have a case against them, they can pursue them.

[hibsbollah]

Think they both did.

Gattuso was relatively unknown up and coming player with Perugia then in Italy’s 3rd tier, so probably was not on any kind of big salary or dodged much tax when he came to Scotland. Amuses me that he only stayed one season and the hun hordes seem to think they were instrumental in his future World Cup winning career! He’s proved to be a decent manager for a while at Milan though, it would be a coup for them. Still think John Terry is a good shout :faf:

[Is It On....]

They should go for Dean Smith..hope they don't though

[worcesterhibby]

They should go for Dean Smith..hope they don't though

I'd rather they went for Delia Smith

[007]

Gattuso was relatively unknown up and coming player with Perugia then in Italy’s 3rd tier, so probably was not on any kind of big salary or dodged much tax when he came to Scotland. Amuses me that he only stayed one season and the hun hordes seem to think they were instrumental in his future World Cup winning career! He’s proved to be a decent manager for a while at Milan though, it would be a coup for them. Still think John Terry is a good shout :faf:

Yes, give it to John Terry. Someone who is easy to dislike.

[greenlex]

25272There’s a wee updated video of the BT interview doing the rounds and I can’t seem to post it on here. It’s absolutely comedy gold. I can’t stop watching it :faf::faf::faf::faf: This is a screenshot I’ve grabbed

[gbhibby]

25272There’s a wee updated video of the BT interview doing the rounds and I can’t seem to post it on here. It’s absolutely comedy gold. I can’t stop watching it :faf::faf::faf::faf: This is a screenshot I’ve grabbed
At least now he will be able to talk to his pals at the BBC.

[Callyballybe]

Why don’t they just hire another manager , call him Steven Gerrard and tell everyone it’s the same management team. They have used that before

Haha! Yes!

[007]

25272There’s a wee updated video of the BT interview doing the rounds and I can’t seem to post it on here. It’s absolutely comedy gold. I can’t stop watching it :faf::faf::faf::faf: This is a screenshot I’ve grabbed

Here it is.

https://twitter.com/FarvaRangers/status/1458843459708665856?t=kWz1Z2hTvDx7vcGMucWGfg&s=19

[gbhibby]

New movie coming Three Billboards outside Ibrox.
https://www.glasgowtimes.co.uk/sport/19711849.rangers-replace-ibrox-sign-steven-gerrards-move-aston-villa/

[greenlex]

Here it is.

https://twitter.com/FarvaRangers/status/1458843459708665856?t=kWz1Z2hTvDx7vcGMucWGfg&s=19
:thumbsup::thumbsup: Love it.

[Tambo]

Have been laughing at that video all day. No doubt video of the year 2021.

[Hibernia&Alba]

New movie coming Three Billboards outside Ibrox.
https://www.glasgowtimes.co.uk/sport/19711849.rangers-replace-ibrox-sign-steven-gerrards-move-aston-villa/

Seething and devastated :lolrangers:

[FilipinoHibs]

Warning over Rangers as a going concern:

AUDITORS have raised a ‘going concern’ warning over Rangers FC as it emerged the club has accumulated nearly £80m in losses since the Dave King regime change six years ago. http://www.heraldscotland.com/news/homenews/19715270.auditors-going-concern-warning-rangers-fc-cumulative-losses-reach-nearly-80m-six-years/?ref=appshr

[hibsbollah]

I’m not sure there is anyone in that Rangers team that would get a game for Villa.

I was just reading that Villa have spent £250 million over the last 4 seasons. I can’t find a total for Rangers, (a lot of their players were frees so they spent more in wages than in transfer fees) but it’s much much less than that.

There are still some deluded huns trying to say they are a bigger club than Villa though…

[Keith_M]

Warning over Rangers as a going concern:

AUDITORS have raised a ‘going concern’ warning over Rangers FC as it emerged the club has accumulated nearly £80m in losses since the Dave King regime change six years ago. http://www.heraldscotland.com/news/homenews/19715270.auditors-going-concern-warning-rangers-fc-cumulative-losses-reach-nearly-80m-six-years/?ref=appshr



"This Article Is Only Available To Subscribers"

[green day]

"This Article Is Only Available To Subscribers"


AUDITORS have raised a “going concern” warning over Rangers FC as it emerged the club has accumulated nearly £80 million in losses since the Dave King regime change six years ago.
The “material uncertainty” warning came as the club confirmed a loan facility with an unidentified high street bank for the first time since Mr King wrested control of the club from Sports Direct supremo and former Newcastle United owner Mike Ashley.
The concern comes because the precise level of funding required for the club going forward was not clear.
It has emerged that the club has posted £77.25m in losses cumulatively over the years since Mr King and his Three Bears group of investors wrested control of Rangers from Sport Direct’s Mike Ashley in 2015.
That came three years after the club’s business under businessman Craig Whyte’s stewardship went into administration nine months after he took a majority shareholding for £1 while agreeing to take on millions in debt.
In the latest financial year, ending in June 2021, the club registered a loss of £24.15m – the highest annual deficit since businessman Charles Green and his Sevco consortium bought the assets of the club business in liquidation nine years ago for £5.5m. That is a rise of £6.6m on the previous year.
Last year’s £17.4m loss had itself gone up £6.3m from the previous year amid what the club called the “economic storm” of the Covid-19 crisis.
The only year since the club’s liquidated business was bought by Sevco that it turned a profit was in the 13 months to June 2013, when it was £1.192m in the black. Three years later, the club’s losses were at £3.3m.
According to a Rangers International Football Club plc (RIFC) board statement, it was forecast the club would require £7.5m by way of debt or equity funding by the end of season 2021/22 in order to meet its liabilities as they fall due with further funding of £0.4m required by the end of season 2022/23.
The first tranche of funding is required from investors before the end of this year.
But directors say the final amount required is dependent on future football performance, European football participation and player sales among other factors.
£5.25m loan
THE club has already sanctioned a sevenyear £5.25m loan facility provided by a lending group of shareholders including club vice-chairman John Bennett and non-executive directors Julian Wolhardt and Alastair Johnston. Interest was being charged at 6 per cent per year from July 31 and the cash injection is secured against the club’s Edmiston House, formerly home to Rangers FC’s Social Club and ticket office.
An agreement has been reached with club chairman Douglas Park and Mr Bennett where they will provide additional loan facilities as necessary to meet shortfalls.
In the club’s last financial year, some £21m in loans was pumped in by investors which was used as working capital.
The club also received £3.2m of public money allocated by Scottish ministers, as part of the Premiership Division Support Fund on an interest-free basis repayable over a period of 20 years.
The club believes the loan is considered to be “below market rate”.
The interest-free loans were given to 11 Premiership clubs last season to help mitigate the financial impact of matches being played behind closed doors.
And the Ibrox club topped the table when it came to clubs claiming emergency Covid loans from the Scottish Government.
But the club has also converted some £26m of shareholder loans into shares in the club while in the process diluting the value to others holding equity.
As of June 2021, there were loans with investors amounting to £10.3m and other commercial loans of £1.9m, while the company also has lease agreements totalling £1.7m.
The auditors have stated that the financial situation means there is a going concern uncertainty – something acknowledged by the board of the Scottish Premiership champions.
Auditor Greig McKnight for Azets Audit Services said there was a “material uncertainty related to going concern”, saying the precise level of funding required going forward was uncertain. The auditor said that in order to continue operations for the next 12 months, RIFC is dependent upon raising additional finance to cover projected cash shortfalls in seasons 2021/22 and 2022/23.
“The precise level of funding required is uncertain as it is inherently dependent on a number of key variables ...,” he said.
“The risk that key cash flows are not achieved as forecast, along with the absence of a binding debt facility for any shortfalls, indicate that a material uncertainty exists that may cast significant doubt on the group’s ability to continue as a going concern.”
‘Optimism’
DETAILS of the club’s financial position came as Steven Gerrard departed the Ibrox club to become the manager of Aston Villa in the English Premier League, having guided the club to a 55th Scottish Premiership title last season, finishing the league campaign undefeated. One fans group source said there remains cautious optimism about the future despite the club’s financial position and Mr Gerrard’s move.
“If we have people in the boardroom willing to put in the money, then I would hope that we would be okay. But I do wonder what will happen if that money is not there for any reason,” he said. “We don’t have the backing of any billionaire.
“What the supporters want is success on the pitch, and that has been delivered, but there is always that nagging question in the back of the mind about the price paid for success, that led the club into administration last time round. I just hope it never gets to that stage.
It comes as concern surfaced that a £5m loan from former chairman Mr King – still Rangers’ biggest single shareholder – has cost the club £832,000 in interest payments.
The loan from the 66-year-old South Africa-based executive, who stood down last year, came with an interest rate of 16%.
Past loans agreed with directors of the club including Mr King were set up interest free with the intention of converting them to shares in the club at a later date.
It came after Mike Ashley, who in 2015 had a near=9% share in Rangers, gave the
club money to help them remain solvent – but this came with a string of conditions which also included the right to shares in the Rangers Retail merchandise company, which meant he had control.
Merchandise
MR King said at the time that it was an “expensive so-called ‘interest-free’ loan” and that too much of the profits” from the merchandising were are “going to parties outside the club”.
After the Three Bears took control in 2015, Mr King said he had paid back a £5m emergency loan in full to Mr Ashley’s Sports Direct after it emerged security over the funding was being held over Murray Park, Albion car park as well as the club’s precious trademarks including the famous RFC scroll crest and the Ready logo.
Mr King was one of the leading figures in the Three Bears takeover when Rangers were in the Championship, the second tier of Scottish football, following the effects of financial implosion of the club in 2012. Before he took charge at Rangers, Mr King said he was prepared to stump up the £50m needed to compete with Celtic at the top of Scottish football, stating: “I actually believe whatever I invest in Rangers I will never get back. But I am happy to do it.”
Mr King’s loan, which was agreed two years ago with his South African-based Laird Investments (Proprietary) Limited, was repaid last month along with the interest payments.
The club said in announcing the repayment of the loan: “Replacing this high-interest, short-term borrowing with a long-term, lower-coupon structured facility provides significant benefit for the club.”
When Mr King stepped down as chairman of Rangers at the end of 2019 after four-and-a-half years at the helm, it left questions over how the club will be funded in the future – as his £5m loan emerged.
At that point, the Castlemilk-born Rangers fan’s Laird Investments company was quoted as providing loan facilities to meet a predicted shortfall in funding for that financial year “and further amounts that may be required”.
Last week, Mr King moved to set the record straight after “confusion” over what he called the “club’s recent incorrect statement” that a loan plus interest was repaid to “Dave King” which came after he said he was committed to any funding being on an unsecured and interest-free basis.
He said there were concerns that it appeared his loan had previously been unreported and had somehow compromised Rangers’ present financial position.
Interest rates
HE made clear that the original loan was provided by Laird, “a company in my family trust structure”, shortly before he stepped down as Rangers chairman and had to be approved by South African authorities. And he said that the South African authorities would not allow the loan to be made without it attracting a market-related interest rate.

[green day]

Next bit

“I explained at the [2019] AGM that my regret at interest being paid was that it went completely against the undertakings given by me and my fellow directors (at regime change) not to take director fees and not to receive interest or take security for loans provided to the club,” he said.
“The hardened position of the SA authorities to investment in the club reinforced the timing of my decision to step down.
“I had achieved my personal objective of removing the club from its state of crisis and it had become in the best interest of the club to be guided by individuals in the UK who, I thought, were capable of taking the club forward in a normalised manner (Covid had not yet happened) and who were willing and able to continue to provide any funds that might be required on an unsecured and interest free basis – and thereby honouring the commitment that we collectively made to supporters and shareholders.“At the club’s request, the Laird loan that I disclosed was only payable after two years.
“The payment, including agreed interest, had been recognised in all cash forecasting throughout the prior two years and consequently had no impact whatsoever on the club’s anticipated financial position.”
Loan extension
MR King said he was approached to consider an extension of the loan period to assist with the future funding of the club but said that it was too late to get approval from the South African authorities to extend the upcoming due date.
He said he was happy to give a new loan, but that it would have to be on an interest basis “as required by the authorities”.
But Mr King said the club did not take him up on his offer.
The present chairman, Mr Park, has said the board acknowledged the current uncertainty over the level of additional funds that will be required and a lack of a binding debt facility indicates that a “material uncertainty exists which may cast doubt over Rangers International Football Club plc’s ability to continue as a going concern”.
But Mr Park has said that having secured the offer of further loan funding the directors believed that there is a “reasonable expectation” that the company will at all times have adequate resources to continue in operational existence for the foreseeable future.
Accordingly, the board continued to adopt a “going concern basis”.
The Rangers board, in its latest overview, states: “When the current board and investors wrestled back control of our club in 2015, it saw before it a 10-year recovery project.
“Today, we consider that prognosis to be accurate.”

[CropleyWasGod]

Warning over Rangers as a going concern:

AUDITORS have raised a ‘going concern’ warning over Rangers FC as it emerged the club has accumulated nearly £80m in losses since the Dave King regime change six years ago. http://www.heraldscotland.com/news/homenews/19715270.auditors-going-concern-warning-rangers-fc-cumulative-losses-reach-nearly-80m-six-years/?ref=appshr

It's not a warning. It's drawing attention to the fact that the accounts have been drawn up on a Going Concern basis. The auditors conclude that that is appropriate.

It's a statement that has been made in every set of accounts for the past few years.

It says:-

We draw attention to information in note 1 in the financial statements concerning the Group’s ability to continue as a going
concern. In order to continue operations for the next 12 months the Group is dependent upon raising additional finance
to cover projected cash shortfalls in season 2021/22 and 2022/23. The precise level of funding required is uncertain as it is
inherently dependent on a number of key variables, including the achievement of forecast football performance and player
trading. As stated in note 1 the risk that key cash flows are not achieved as forecast, along with the absence of a binding
debt facility for any shortfalls, indicate that a material uncertainty exists that may cast significant doubt on the Group’s
ability to continue as a going concern. Our opinion is not modified in respect of this matter.

In auditing the financial statements, we have concluded that the directors’ use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.

[Pretty Boy]

Why do so many grown adults have cardboard cut outs of a football manager in their house?

[gbhibby]

Their business model seems that they need to qualify for the champions league group stage to offset their trading position each year. This is a risky strategy as Celtic have more money in the bank. They seem to be relying on borrowings each year, and recently offered shares for sale to raise funds. They will make money from the Europa league each game at home making in the Region of £2m in ticket sales plus prize money. Qualify for champions league they will probably wash their face not relying on borrowings each year, but it is still a risky strategy.

[Billy Whizz]

Their business model seems that they need to qualify for the champions league group stage to offset their trading position each year. This is a risky strategy as Celtic have more money in the bank. They seem to be relying on borrowings each year, and recently offered shares for sale to raise funds. They will make money from the Europa league each game at home making in the Region of £2m in ticket sales plus prize money. Qualify for champions league they will probably wash their face not relying on borrowings each year, but it is still a risky strategy.

They have plenty assets now to sell at least one player in January

[gbhibby]

They have plenty assets now to sell at least one player in January
Do you think they will get the money they expect to get for them?

[CropleyWasGod]

Do you think they will get the money they expect to get for them?

They've already had £3-4m for Gerrard that they didn't budget for. That's half of their cash requirements wiped out already.

[HoboHarry]

They've already had £3-4m for Gerrard that they didn't budget for. That's half of their cash requirements wiped out already.

Agreed but that just makes the hole less deep. Selling their prize assets (ahem) in January will only weaken them in term of winning the title.

[Billy Whizz]

They've already had £3-4m for Gerrard that they didn't budget for. That's half of their cash requirements wiped out already.

Will they get this paid in a oner though?

[Scorrie]

They've already had £3-4m for Gerrard that they didn't budget for. That's half of their cash requirements wiped out already.

They might have to use some of that for compensation for a new manager

[CropleyWasGod]

They might have to use some of that for compensation for a new manager

Not if it's GvB 😁

[gbhibby]

They've already had £3-4m for Gerrard that they didn't budget for. That's half of their cash requirements wiped out already.
Agree Crops that's a bonus for them. Do you think if any big transfer money comes in it will be spent on players or used to repay loans made to the club?

[Scorrie]

Not if it's GvB 😁

True! That could be why they want him. Cheaper!

[Spike Mandela]

Idiots never learn.

[Hibernia&Alba]

Stretched themselves to the limit to stop Celtic getting ten-in-a-row, which was achieved; but now it's more austerity. They need to watch every penny; the Gerrard compensation will be a massive relief to them.

The glib and shameless one charging them 16% on a loan is very satisfying.

[Bostonhibby]

Why do so many grown adults have cardboard cut outs of a football manager in their house?They have no real friends and in a few cases they may well have gone through some form of ceremony or made commitments with their recyclable friend/partner.

Sent from my SM-A750FN using Tapatalk

[Keith_M]

'AUDITORS have raised a “going concern” warning over Rangers FC......'.




Cheers


:aok:

[Kato]

Why do so many grown adults have cardboard cut outs of a football manager in their house?Rupert Pupkin huns.

Sent from my SM-A405FN using Tapatalk

[Hibernia&Alba]

Rupert Pupkin huns.

Sent from my SM-A405FN using Tapatalk

It's like the Alan Partridge episode with his 'biggest fan'.

"You're a mentalist" :greengrin

[FilipinoHibs]

Rangers are being financed by a group of directors who know that they will never get their money back. There is a limit to how much they will be willing to write off. They stopped ten a row. They or their children will be back in a few years to stop the next ten in a row.

[The Rebel]

Imagine living next door to this lot. Weird behaviour from adults. A strange bunch.

https://twitter.com/triviatim/status/1459610186965000202?s=24

[gbhibby]

Imagine living next door to this lot. Weird behaviour from adults. A strange bunch.

https://twitter.com/triviatim/status/1459610186965000202?s=24
WTF have I just watched.

[PatHead]

WTF have I just watched.
X2

[007]

Imagine living next door to this lot. Weird behaviour from adults. A strange bunch.

https://twitter.com/triviatim/status/1459610186965000202?s=24

Crap ending. Thought at very least they were going to set it on fire.

[CropleyWasGod]

Rangers are being financed by a group of directors who know that they will never get their money back. There is a limit to how much they will be willing to write off. They stopped ten a row. They or their children will be back in a few years to stop the next ten in a row.

There was £5.5m repaid to said directors during the year, with a further £7.4m converted to equity. The balance due to directors (3 of them) at the end of the year was £5.25m, for which there is a repayment plan over 7 years.

[Hibernia&Alba]

Imagine living next door to this lot. Weird behaviour from adults. A strange bunch.

https://twitter.com/triviatim/status/1459610186965000202?s=24

They are old timers, too, not some daft kids. In all seriousness, it makes you wonder about society.

[jacomo]

They are old timers, too, not some daft kids. In all seriousness, it makes you wonder about society.


:agree:

I feel sorry for all the offspring of this lot. Being raised by morons is a less than ideal start in life.

[HoboHarry]

:agree:

I feel sorry for all the offspring of this lot. Being raised by morons is a less than ideal start in life.
Nonsense. My kids are doing just fine....










:greengrin

[Hibernia&Alba]

:agree:

I feel sorry for all the offspring of this lot. Being raised by morons is a less than ideal start in life.

Rangers forums are just he same regarding Gerrard. Grown men who last week addressed him as 'Mr Gerrard' (the dignity), 'the gaffer' (the inanity) and Stevie G (the man love), are now calling him a snake, a rat, a liar. They are like teenagers dumped by their first girlfriend: "I never liked her anyhoo." It's uncomfortable reading, coming from adults.

[lord bunberry]

Imagine living next door to this lot. Weird behaviour from adults. A strange bunch.

https://twitter.com/triviatim/status/1459610186965000202?s=24
In fairness to that lot it’s clear they’re just pissing about. Some of the other cardboard cut out videos where they’re being deadly serious are far more disturbing.

[A Hi-Bee]

In fairness to that lot it’s clear they’re just pissing about. Some of the other cardboard cut out videos where they’re being deadly serious are far more disturbing.

To be a hun is disturbing
:greengrin

[lord bunberry]

To be a hun is disturbing
:greengrin
Very true :greengrin

[Moulin Yarns]

https://news.stv.tv/west-central/scottish-womens-premier-league-secures-new-title-sponsorship

Anybody think that this is a huge coincidence??

[Billy Whizz]

https://news.stv.tv/west-central/scottish-womens-premier-league-secures-new-title-sponsorship

Anybody think that this is a huge coincidence??

I’d be wanting the money upfront

[Moulin Yarns]

I’d be wanting the money upfront

I was thinking more along the lines of, Park's sponsored the women's league and the Rangers don't have to wear the Cinch logos

[CyberSauzee]

I’d be wanting the money upfront

There's no cash, it's converted into Sevco equity!

[Sudds_1]

No. 27 is a big lass!!😁

[PolmontHibby]

Not a big enough penalty for that sort of overspending in my view, but better than nothing.....and a lot better than anything (given we seem to have nothing) that we have in SPFL


Reading have been deducted six points by the English Football League for breaching financial rules.
The EFL determined the Royals lost £57.8m between 2017 and 2021 - the EFL's limit for that period is £39m.
A further six-point deduction is suspended until the end of next season, provided they comply with a business plan which includes player spending.

[greenlex]

Be interesting to see if Gerrard makes an appearance at the memorial service in Glasgow for Walter Smith and if he does what kind of reception he receives. Not expecting a standing ovation or indeed a stand up fist fight as it’s not the time nor place but you know what I mean.

[Keith_M]

Been told by a Sticky Bun workmate that a load of them are planning on turning Sunday into an Orange Fest, allegedly as a tribute to their new Dutch Manager.

Is this a wind-up, or has anybody else heard the same?


:dunno:

[JimBHibees]

Been told by a Sticky Bun workmate that a load of them are planning on turning Sunday into an Orange Fest, allegedly as a tribute to their new Dutch Manager.

Is this a wind-up, or has anybody else heard the same?


:dunno:

Perfect time to beat them. Genuinely due one against them

[Renfrew_Hibby]

[QUOTE=Keith_M;6751655]Been told by a Sticky Bun workmate that a load of them are planning on turning Sunday into an Orange Fest, allegedly as a tribute to their new Dutch Manager.

Is this a wind-up, or has anybody else heard the same?

Yeah, gers fans round my way are all digging out the orange gear for Sunday.

[Keith_M]

Yeah, gers fans round my way are all digging out the orange gear for Sunday.


Cheers.


It sounded ridiculous but at the same time unsurprising. Their bigotry is just so transparent.

[gbhibby]

Cheers.


It sounded ridiculous but at the same time unsurprising. Their bigotry is just so transparent.
https://youtu.be/YV8zGNe7Ebg
Do they look and sound like this.

[Logie Green]

[QUOTE=Keith_M;6751655]Been told by a Sticky Bun workmate that a load of them are planning on turning Sunday into an Orange Fest, allegedly as a tribute to their new Dutch Manager.

Is this a wind-up, or has anybody else heard the same?

I’ll be amazed if we notice the difference from a ‘normal’ game against them. Ibrox must be the only place in the world you can be in three different periods - caveman, 1690s and today.

[gbhibby]

[QUOTE=Keith_M;6751655]Been told by a Sticky Bun workmate that a load of them are planning on turning Sunday into an Orange Fest, allegedly as a tribute to their new Dutch Manager.

Is this a wind-up, or has anybody else heard the same?

I’ll be amazed if we notice the difference from a ‘normal’ game against them. Ibrox must be the only place in the world you can be in three different periods - caveman, 1690s and today.
https://youtu.be/LCuRgRgk4Io
Watch out for this thing on Sunday

[Nicho87]

Can we sing on Sunday

When the hibs went up to win the Scottish cup you were here

[gbhibby]

Can we sing on Sunday

When the hibs went up to win the Scottish cup you were here
You can stick your F****** Tango up your ar**.
Inspired by Greta Thumberg.

[heretoday]

Imagine living next door to this lot. Weird behaviour from adults. A strange bunch.

https://twitter.com/triviatim/status/1459610186965000202?s=24

You'd be frightened to go out of the house.

[Iggy Pope]

[QUOTE=Keith_M;6751655]Been told by a Sticky Bun workmate that a load of them are planning on turning Sunday into an Orange Fest, allegedly as a tribute to their new Dutch Manager.

Is this a wind-up, or has anybody else heard the same?

I’ll be amazed if we notice the difference from a ‘normal’ game against them. Ibrox must be the only place in the world you can be in three different periods - caveman, 1690s and today.

Let’s be thankful they kept Remembrance Sunday to a fortnight not a month or we’d be throwing that in as well.

[Keith_M]

Apparently Van Bronkhurst's first choice for his second in command has turned him down.

His name?


John Paul van Gastel


I wonder why he said no

:hmmm:

[gbhibby]

Apparently Van Bronkhurst's first choice for his second in command has turned him down.

His name?


John Paul van Gastel


I wonder why he said no

:hmmm:
O Bless him 😁

[Moulin Yarns]

Apparently Van Bronkhurst's first choice for his second in command has turned him down.

His name?


John Paul van Gastel


I wonder why he said no

:hmmm:

Catechismic!

[007]

Apparently Van Bronkhurst's first choice for his second in command has turned him down.

His name?


John Paul van Gastel


I wonder why he said no

:hmmm:

I wonder if Van Bronkhurst will forgive him.

[gbhibby]

Apparently Van Bronkhurst's first choice for his second in command has turned him down.

His name?


John Paul van Gastel


I wonder why he said no

:hmmm:
Heard he was an expert on crosses.

[FilipinoHibs]

There was £5.5m repaid to said directors during the year, with a further £7.4m converted to equity. The balance due to directors (3 of them) at the end of the year was £5.25m, for which there is a repayment plan over 7 years.

The equity is going to end up worthless.Converting debt to equity is sign a company is in trouble and creditors accept it as a long shot they might get something back. Romanov converted a lot of his loans to equity. Of course not his money in the first place but the parent bank's that went under.

[007]

The equity is going to end up worthless.Converting debt to equity is sign a company is in trouble and creditors accept it as a long shot they might get something back. Romanov converted a lot of his loans to equity. Of course not his money in the first place but the parent bank's that went under.

You'd think if they win the league and therefore get the automatic Champions League group stage place that they be able to pay back a good chunk of that debt.

[Since90+2]

You'd think if they win the league and therefore get the automatic Champions League group stage place that they be able to pay back a good chunk of that debt.

I think Champions League football is worth around 12 million so they'll be fine financially if they win the league. Probably 5050 if they do though.

[007]

I think Champions League football is worth around 12 million so they'll be fine financially if they win the league. Probably 5050 if they do though.

I thought groups stages = £30m - £40m, could be wrong though.

[CropleyWasGod]

The equity is going to end up worthless.Converting debt to equity is sign a company is in trouble and creditors accept it as a long shot they might get something back. Romanov converted a lot of his loans to equity. Of course not his money in the first place but the parent bank's that went under.

It can also be a sign of confidence in a company's long term prospects,as well as making it more attractive to an external lender.

[Since90+2]

I thought groups stages = £30m - £40m, could be wrong though.

I think qualification is worth around £12 million then it's 2.5 million for each group win. Although you wouldn't expect them to win many games at that level. I'm not sure if that money includes gate receipts though or if it's purely TV rights and prize money for qualifying.

Either way I think it's safe to say if they win the league they will be pretty safe financially.

[gbhibby]

It can also be a sign of confidence in a company's long term prospects.
In your opinion Crops what do you think of their long term prospects. The model seems to be based on getting into the Champions league group stage which is not guaranteed as Celtics financial position is better than theirs. If Celtic or somebody else wins the league they have a funding gap that needs to be filled.

[CropleyWasGod]

In your opinion Crops what do you think of their long term prospects. The model seems to be based on getting into the Champions league group stage which is not guaranteed as Celtics financial position is better than theirs. If Celtic or somebody else wins the league they have a funding gap that needs to be filled.

Their model, thus far, has been built on getting into the latter stages of the EL regularly. That was their stated aim a few years ago, and many scoffed at that. But they achieved that, which is IMO Gerrard's most important contribution to their recovery.

They still have short term problems, and the Ashley thing to be resolved. But they are in a better position than they were a year ago, which is no bad thing.

CL money next season would probably steady the ship completely, as long as they don't go daft with the money.

[Hibees1973]

The equity is going to end up worthless.Converting debt to equity is sign a company is in trouble and creditors accept it as a long shot they might get something back. Romanov converted a lot of his loans to equity. Of course not his money in the first place but the parent bank's that went under.
Exactly, this is what irritates me about that lot, their debt in real terms was not £30m.....it was nearer £50-60m. They repaid fraction of their debts and built a £20m stand within a couple of years.

Parasites, always will be.

[O'Rourke3]

CL money next season would probably steady the ship completely, as long as they don't go daft with the money.

That have a tradition of restraint, so here's hoping....

Sent from my SM-G965F using Tapatalk

[007]

Rangers fans' tears and snotters coming up on Superscoreboard now.

https://planetradio.co.uk/clyde/shows/clyde-1-superscoreboard/

[Keith_M]

Rangers fans' tears and snotters coming up on Superscoreboard now.

https://planetradio.co.uk/clyde/shows/clyde-1-superscoreboard/



The whole web site is painted orange!

[Hibeesforever]

Rangers fans' tears and snotters coming up on Superscoreboard now.

https://planetradio.co.uk/clyde/shows/clyde-1-superscoreboard/

Best hour spent in a while listening to the Rangers turmoil...3-1 to Hibs at Half-time, game over haha

[Bostonhibby]

The whole web site is painted orange!How do we know it's orange?

They could well have had another digestive system setback.

Sent from my SM-A750FN using Tapatalk

[Hibs4185]

£85 million (or whatever it is) in losses over 5 years just to get pumped by us at Hampden again. GIRFUY’s

[Kato]

They fume so much its only a matter of time before they spontaneously combust.

Sent from my SM-A405FN using Tapatalk

[Hibernia&Alba]

They don't do irony. Protesting to UEFA about racism, those anti-bigotry crusaders -

https://www.followfollow.com/forum/threads/anti-racism-banner-outside-ibrox.185876/

[Eyrie]

I see they've banned Sutton again.

Surely BT need to grow a pair and do the whole broadcast from Celtc Park, repeatedly explaining that Sevco have refused to ensure the safety of their pundits.

[Hermit Crab]

Time for another statement. This ones a belter. :greengrin

https://www.rangers.co.uk/article/club-statement-061221/3zhTfgjcOapPEuFLzcFpQo

[Dalianwanda]

Time for another statement. This ones a belter. :greengrin

https://www.rangers.co.uk/article/club-statement-061221/3zhTfgjcOapPEuFLzcFpQo

nice to see a return of the stone cold classic ‘beggars belief’

[greenlex]

Time for another statement. This ones a belter. :greengrin

https://www.rangers.co.uk/article/club-statement-061221/3zhTfgjcOapPEuFLzcFpQo

Don’t see much wrong with that to be fair. As fans we would be raging too to be honest.

[blackpoolhibs]

Don’t see much wrong with that to be fair. As fans we would be raging too to be honest.

Yip, we would. Still you do have to laugh. :faf:

[greenlex]

Yip, we would. Still you do have to laugh. :faf:
Of course:greengrin

[Smartie]

It would be nice to think that we’d hear in future from more clubs/ towns/ countries who decide that the aggro and bollocks that goes with hosting a few thousand huns just isn’t worth the hassle.

[Crab apple]

It would be nice to think that we’d hear in future from more clubs/ towns/ countries who decide that the aggro and bollocks that goes with hosting a few thousand huns just isn’t worth the hassle.

Absolutely no sympathy. They've brought it on themselves. Other countries don't seem so ready to accept some of the stuff that we appear to have to put up with when der hun come visiting.

[brog]

nice to see a return of the stone cold classic ‘beggars belief’


It's almost like they're writing a spoof of their own statements. Does anyone really say 'beggars belief? As you say, a classic!!

[JohnMcM]

Let’s wait and see if they will reimburse their fans who lose money as gesture of two-way loyalty. Beggars belief that they won’t. :greengrin

[Cat Stanton]

Maybe the Lyon officials had seen a video of The Rangers supporters at... any away match at all.

(In fact, Lyon Hibs: did you have anything to do with this..?)

Anyway, a close call for the residents of Lyon. They can now relax and enjoy their week. If only we could have banned them from Edinburgh last week.

[Keith_M]

nice to see a return of the stone cold classic ‘beggars belief’


That's the first thing I noticed as well :greengrin


If this had happened to decent fans of any respectable club, I'd be really annoyed and have a deal of sympathy.

But it's not, so I have none.

[tamig]

Time for another statement. This ones a belter. :greengrin

https://www.rangers.co.uk/article/club-statement-061221/3zhTfgjcOapPEuFLzcFpQo

A few Budgisms in there.

Disrespectful of them imo to write “festival of light” in this manner.

I like their ad banner beneath the article for their shop.

21/22 home shirt - was £65 now £65.

[Logie Green]

If only Edinburgh had Festivals at different times of the year to give us a reason to ban them from Easter Road....

[wookie70]

A few Budgisms in there.

Disrespectful of them imo to write “festival of light” in this manner.

I like their ad banner beneath the article for their shop.

21/22 home shirt - was £65 now £65.

To be fair the socks are just as good a bargain at £16 having been £16

[Billy Whizz]

To be fair the socks are just as good a bargain at £16 having been £16

It was one sock for £16, you now get 2

[A Hi-Bee]

It jist beggars Belief whatever it is. Such a shame but can understand any town with a family event ongoing banning them numbskulls.
:dummytit:

[Bostonhibby]

Yip, we would. Still you do have to laugh. :faf:I'd be blaming the whole thing on beggars, incapable of telling the truth.

Glib and shameless so they are.



Sent from my SM-A750FN using Tapatalk

[Callum_62]

Don’t see much wrong with that to be fair. As fans we would be raging too to be honest.According to my ranges supporting mate they were warned last week not to travel

Now they are whinging about it

Sent from my VOG-L29 using Tapatalk

[Bostonhibby]

It was one sock for £16, you now get 2Do the socks all have 5 individual but very long toes and are tight and short around the ankles?

Sent from my SM-A750FN using Tapatalk

[Hibernia&Alba]

No Huns in Lyon. Not wanted :bye::sauzee::lolrangers:

[jacomo]

nice to see a return of the stone cold classic ‘beggars belief’


Intransigence is an entirely new concept to the Sevconians, who are known for their flexibility and willingness to take on board opposing points of view.

[Glory Lurker]

Intransigence is an entirely new concept to the Sevconians, who are known for their flexibility and willingness to take on board opposing points of view.

Parklife :-)

[matty_f]

Parklife

:greengrin

[007]

Parklife :-)

(Douglas) Parklife.

[Nakedmanoncrack]

A few Budgisms in there.

Disrespectful of them imo to write “festival of light” in this manner.

I like their ad banner beneath the article for their shop.

21/22 home shirt - was £65 now £65.

The inclusion of the standard "Beggars belief" is always welcome, but is topped as the highlight of this one by those inverted commas. Hinting that its not a "real" Festival of light, but possibly a fictitious one invented as some sort of papish conspiracy.

[Hermit Crab]

Half past 1 in the afternoon and Rangers fans are now allowed to attend. Absolutely mental to change their minds at this time.



https://www.bbc.co.uk/sport/football/59554099

[JohnMcM]

Half past 1 in the afternoon and Rangers fans are now allowed to attend. Absolutely mental to change their minds at this time.



https://www.bbc.co.uk/sport/football/59554099

Beggars belief:greengrin

[HoboHarry]

Hope the French polis skelp them all around the city.

[Rumble de Thump]

Emmanuel Macron has been barred from Ibrox.

[CentreLine]

Emmanuel Macron has been barred from Ibrox.

🤣 and they will no longer allow red white and blue flags. All too French

[gbhibby]

If only Edinburgh had Festivals at different times of the year to give us a reason to ban them from Easter Road....
Also don't forget Leith Festivals.

[tamig]

The inclusion of the standard "Beggars belief" is always welcome, but is topped as the highlight of this one by those inverted commas. Hinting that its not a "real" Festival of light, but possibly a fictitious one invented as some sort of papish conspiracy.
My thinking exactly. Let’s hope if any do decide to travel that they end up shooting for the stars strapped to some rocket.

[gbhibby]

Up to their knees in christmas lights.

[Hibernia&Alba]

Up to their knees in christmas lights.

Up to their knees in Fenian snow :greengrin

Poor Lyon, about to have their city centre trashed right before Christmas.

[Ozyhibby]

https://www.bailii.org/ew/cases/EWHC/Comm/2021/3364.html

Win for Ashley?


Sent from my iPhone using Tapatalk

[CropleyWasGod]

https://www.bailii.org/ew/cases/EWHC/Comm/2021/3364.html

Win for Ashley?


Sent from my iPhone using Tapatalk

Looks like it.

It remains to be seen what is in the relevant documents, but it must be important.

[Billy Whizz]

As an aside, see King wants back on the board, so things must be bad

[Keith_M]

As an aside, see King wants back on the board, so things must be bad


Apparently he's seriously worried that the value of his shares are being diluted by the loan conversions and sales of new shares.

[HoboHarry]

As an aside, see King wants back on the board, so things must be bad
Not sure how he can do that - he was banned from being a director for 4 years was he not?

[ancient hibee]

Not sure how he can do that - he was banned from being a director for 4 years was he not?


No-he was cold shouldered-finance speak for a rap on the knuckles.

[greenginger]

No-he was cold shouldered-finance speak for a rap on the knuckles.

was it not the case that any company that took King on their board will also be cold shouldered .

[Chorley Hibee]

Everytime I see this thread appear I'm always disappointed to find out they've not gone pop again.

[Hibernia&Alba]

Everytime I see this thread appear I'm always disappointed to find out they've not gone pop again.

:agree:

It gets my hopes up each time it's bumped to the top.

[PatHead]

was it not the case that any company that took King on their board will also be cold shouldered .

Nobody likes them, they don't care.

[HoboHarry]

was it not the case that any company that took King on their board will also be cold shouldered .

That's what I recall......

[Ozyhibby]

https://twitter.com/scotsunsport/status/1473003598833504263?s=21

MSM catching up.


Sent from my iPhone using Tapatalk

[Billy Whizz]

https://twitter.com/scotsunsport/status/1473003598833504263?s=21

MSM catching up.


Sent from my iPhone using Tapatalk

The more the millions, the more it will hurt them
Shame they have to pay it to Ashley though

[CentreLine]

Looks like more delaying and disruption tactics incoming. I feel there must be a negative story coming along in need of deflection 🤔. That’s when these stories usually appear is it not?

https://www.scotsman.com/sport/football/rangers/spfl-under-investigation-as-rangers-cinch-sponsorship-row-referred-to-sfa-compliance-officer-3508768

[jacomo]

Looks like more delaying and disruption tactics incoming. I feel there must be a negative story coming along in need of deflection 🤔. That’s when these stories usually appear is it not?

https://www.scotsman.com/sport/football/rangers/spfl-under-investigation-as-rangers-cinch-sponsorship-row-referred-to-sfa-compliance-officer-3508768


They’ve referred their sponsorship row to the SFA compliance officer?!

FFS this is beyond parody. As is their complaint that the SPFL did not act with ‘the upmost good faith’.

[Bostonhibby]

They’ve referred their sponsorship row to the SFA compliance officer?!

FFS this is beyond parody. As is their complaint that the SPFL did not act with ‘the upmost good faith’.It's a very clever tactic.

There is no chance that a properly constituted court of law, following due process and legal precedent will ever award them a penalty or give Ryan Porteous a retrospective red card because slippy steve says so but they've got a fighting chance that the compliance officer is a hun.

Get them to make favourable noises for the huns to highlight what an injustice it all is and what does an actual court decision matter? Unless of course it's in their favour .

Sent from my SM-A750FN using Tapatalk

[HIGHLANDLEITHER]

https://twitter.com/scotsunsport/status/1473003598833504263?s=21

MSM catching up.


Sent from my iPhone using Tapatalk
They will be keen to have Dave King back in that case. After all he sorted these contracts out and saw off Ashley previously. 😂

[CentreLine]

At least, if this develops over the next three weeks, we’ll have something to keep us entertained 🤞🏻

[jacomo]

It's a very clever tactic.

There is no chance that a properly constituted court of law, following due process and legal precedent will ever award them a penalty or give Ryan Porteous a retrospective red card because slippy steve says so but they've got a fighting chance that the compliance officer is a hun.

Get them to make favourable noises for the huns to highlight what an injustice it all is and what does an actual court decision matter? Unless of course it's in their favour .

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Surely the compliance officer just says ‘sorry, but this is a commercial dispute way beyond my remit?’

It’s a farce.

[Bostonhibby]

Surely the compliance officer just says ‘sorry, but this is a commercial dispute way beyond my remit?’

It’s a farce.You're right, I can see Sevco demanding an apology and the compliance officer saying sorry[emoji6]

In reality I'd like to think the compliance officer would say this is sub judicial and that its beyond their remit regardless.

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[Iggy Pope]

I see they are entering in to big celebrations marking the first “major European club” to reach a 150th anniversary.
They go way beyond self-aggrandisement, you could say they are the quintessential exponents of it.

[Pagan Hibernia]

I see they are entering in to big celebrations marking the first “major European club” to reach a 150th anniversary.
They go way beyond self-aggrandisement, you could say they are the quintessential exponents of it.

they’ll go all out on the 150 year stuff… overcompensating for the fact that it’s really only their 10th birthday.

[greenginger]

I see they are entering in to big celebrations marking the first “major European club” to reach a 150th anniversary.
They go way beyond self-aggrandisement, you could say they are the quintessential exponents of it.

Seem to have forgotten Nottingham Forest , 2 European Cups and founded in 1865.

[Bostonhibby]

they’ll go all out on the 150 year stuff… overcompensating for the fact that it’s really only their 10th birthday.Has any other "major" European clubs fans ransacked more major European city centres than fans of the now defunct Glasgow rangers? Maybe that's what they should be celebrating.

Oh aye, and Nottingham Forest......

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[Mick O'Rourke]

I see they are entering in to big celebrations marking the first “major European club” to reach a 150th anniversary.
They go way beyond self-aggrandisement, you could say they are the quintessential exponents of it.


This new mob,sevco,will go to all extremes to try and convince people that The Rangers Football Club plc did not go defunct in 2012.


Of course they did. The dugs in the street knew.

The old club is brown bread,deceased, late,gone,no more and finito !
So...

55=1

150=10

[jacomo]

Seem to have forgotten Nottingham Forest , 2 European Cups and founded in 1865.


Seem to forgotten that they died.

Zombies right enough.

[JimBHibees]

Seem to have forgotten Nottingham Forest , 2 European Cups and founded in 1865.

That is hilarious. Typical Rangers

[greenginger]

That is hilarious. Typical Rangers

Also wonder if their version of European football history will include the fact that the original Rangers refused to take part in the inaugural European Championship and it was us who took their place and got to the Semi finals.

[oneone73]

Also wonder if their version of European football history will include the fact that the original Rangers refused to take part in the inaugural European Championship and it was us who took their place and got to the Semi finals.

I thought it was Aberdeen whose place we took?

[JimBHibees]

I thought it was Aberdeen whose place we took?

I think it was Aberdeen

[greenginger]

I thought it was Aberdeen whose place we took?

you're right, think I should apologise to The Rangers or previous Ranger’s corpse ?

[Kato]

I think it was Aberdeen

Aberdeen were never invited. The invites went out before the season ended, when Aberdeen were 2nd in the League. Hibs were the only Scottish team invited by L'Quippe, when FIFA took the tourney over they invited Hibs too - se we were invited twice.

[Mick O'Rourke]

Possibly due to the exploits of The Famous Five sides that won 3 titles and had great success playing clubs from other nations in friendlies,touring, etc led to the invite

The Coronation Cup as well may have caught their attention to Hibernian.
Her Madge must have enjoyed two Scottish clubs founded by Irishman competing for Her Trophy.
We were certainly seen as one of Europe's prestigous clubs at that time..

Strangely ,Chelsea were invited, but under pressure from EFL, who saw the tournament as a" distraction to the domestic game",withdrew from the invitation !
Now they cannot get enough European football !!

[Bostonhibby]

you're right, think I should apologise to The Rangers or previous Ranger’s corpse ?Sevco

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[Mick O'Rourke]

Sevco

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Sevco
Founded 2012
Sevco play at Ibrox Stadium ,formerly the home of the defunct Glasgow Rangers FC RIP

Hi Zombies..:na na:

[Bostonhibby]

Sevco
Founded 2012
Sevco play at Ibrox Stadium ,formerly the home of the defunct Glasgow Rangers FC RIP

Hi Zombies..:na na:Don't do walking away, except obviously when its debts and liabilities and the history that went with the entity they were walking away from.

Reincarnation of the now defunct Glasgow rangers. One Petrol pump cup and one title that involved colossal debt, again.

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[ancient hibee]

O
Possibly due to the exploits of The Famous Five sides that won 3 titles and had great success playing clubs from other nations in friendlies,touring, etc led to the invite

The Coronation Cup as well may have caught their attention to Hibernian.
Her Madge must have enjoyed two Scottish clubs founded by Irishman competing for Her Trophy.
We were certainly seen as one of Europe's prestigous clubs at that time..

Strangely ,Chelsea were invited, but under pressure from EFL, who saw the tournament as a" distraction to the domestic game",withdrew from the invitation !
Now they cannot get enough European football !!

Think Chelsea were league champions.

[Mick O'Rourke]

O

Think Chelsea were league champions.

Yes, indeed they were ,Aberdeen too.
Aberdeen declined for same reasons as Chelsea.
But the tournament was basically by invitation,not mandatory for league champions

Not all partipants were their own domestic league champions.
It was a great success and our club added to that .
Pity television was not as it is now.
Some terrific teams played... world class players ....and plenty goals !

Harry Swan was correct,where many others were not.

It was not a gimmick ....and it did catch on !!

On topic
thank goodness the zombies were not there.
We wouldn't hear the end of it

Edit
I might add
Uncles and older cousins of my family believe had the tournament began a few years earlier,we would have won it !!

The FF were in decline, yet still made the semi final.

[blackpoolhibs]

Did this guy sanction all the EBT's. :greengrin25460

[Bostonhibby]

Did this guy sanction all the EBT's. :greengrin25460Cannae see it, I always thought Jason King was one of the good guys[emoji6]

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[CropleyWasGod]

https://www.bbc.co.uk/news/uk-scotland-59953108

Gordon Grier loses his civil case against the Crown Office and Police Scotland.

[Prof. Shaggy]

https://www.bbc.co.uk/news/uk-scotland-59953108

Gordon Grier loses his civil case against the Crown Office and Police Scotland.

David

[CropleyWasGod]

David

:rolleyes: yeah

Gordon played at Killie, no?

[Prof. Shaggy]

:rolleyes: yeah

Gordon played at Killie, no?

Aye.

[greenginger]

How an earth can the crown admit liability to malicious prosecution in all the other cases and then claim Grier’s cases was not malicious ?

The judge adds insult to injury by saying it would not be appropriate to identify any reasons for crowns decision.

What happened to justice being seen to be done ?

Hope it’s appealed.

[HoboHarry]

:rolleyes: yeah

Gordon played at Killie, no?
Scored against us in a cup final.

His own defence let in 5 at the other end though :greengrin

[jacomo]

How an earth can the crown admit liability to malicious prosecution in all the other cases and then claim Grier’s cases was not malicious ?

The judge adds insult to injury by saying it would not be appropriate to identify any reasons for crowns decision.

What happened to justice being seen to be done ?

Hope it’s appealed.


Dunno, but you do realise it’s us taxpayers that are funding all this don’t you?

£10m each to Duff and Phelps, over £6m from all of us to Charles Green. Craig Whyte walks free after seemingly using club income to fund his takeover, saying he didn’t, and getting away with it.

Personally I’m glad we’re not paying huge sums to another of these charlatans.

[greenlex]

How an earth can the crown admit liability to malicious prosecution in all the other cases and then claim Grier’s cases was not malicious ?

The judge adds insult to injury by saying it would not be appropriate to identify any reasons for crowns decision.

What happened to justice being seen to be done ?

Hope it’s appealed.
I think they were separate cases. It was possible to maliciously prosecute Greens alleged wrongdoing but that was long after prosecuting Whites.

[greenginger]

Dunno, but you do realise it’s us taxpayers that are funding all this don’t you?

£10m each to Duff and Phelps, over £6m from all of us to Charles Green. Craig Whyte walks free after seemingly using club income to fund his takeover, saying he didn’t, and getting away with it.

Personally I’m glad we’re not paying huge sums to another of these charlatans.

I know us tax payers foot the bill but it’s our Scottish Government that appointed clowns at the top of our legal tree and have a minister supposedly supervising the operation of Police Scotland.

[Malthibby]

I know us tax payers foot the bill but it’s our Scottish Government that appointed clowns at the top of our legal tree and have a minister supposedly supervising the operation of Police Scotland.

Then just be happy that another dirty hun hasn't added to the cost to taxpayers rather than attempt to pin blame on the Blessed Nicola & Co.
There will be a public enquiry to look at who is responsible & whoever they are they should be nailed to the nearest tree.

[Killiehibbie]

How an earth can the crown admit liability to malicious prosecution in all the other cases and then claim Grier’s cases was not malicious ?

The judge adds insult to injury by saying it would not be appropriate to identify any reasons for crowns decision.

What happened to justice being seen to be done ?

Hope it’s appealed.

A malicious prosection should be one that is made up of lies. The fact that all the chancers got away with it doesn't make it malicious.

[greenginger]

A malicious prosection should be one that is made up of lies. The fact that all the chancers got away with it doesn't make it malicious.

It was malicious because no crime had been committed and the prosecution knew or should have known it.

[uwxm07]

Rumoured Prince Andrew will join The Rangers Management Team in the next week -that way he can keep his titles .!

[greenginger]

https://www.thescottishsun.co.uk/sport/football/8279180/prosecutors-rangers-takeover-fraud-case-nail-businessmen-police-probe/

Grier appealing court decision , no surprise there.

[O'Rourke3]

Rumoured Prince Andrew will join The Rangers Management Team in the next week -that way he can keep his titles .![emoji1787]

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[Killiehibbie]

It was malicious because no crime had been committed and the prosecution knew or should have known it.

Their actions were not all above board and certainly questionable.

[JohnMcM]

Rumoured Prince Andrew will join The Rangers Management Team in the next week -that way he can keep his titles .!

That post is very funny and worthy of a title of its own.

[CentreLine]

That post is very funny and worthy of a title of its own.

I’m definitely guilty of stealing it. Belter 👍🏻👍🏻👍🏻

[Billy Whizz]

They’ve spent £100 in 6 and a half years
Wow


https://www.footballinsider247.com/rangers-have-spent-money-well-after-100m-robertson-reveal-maguire/

[matty_f]

They’ve spent £100 in 6 and a half years
Wow


https://www.footballinsider247.com/rangers-have-spent-money-well-after-100m-robertson-reveal-maguire/

It’s £100 million. Eye watering investment. Thankfully they wasted a lot of it getting through the divisions.

[Carheenlea]

“Rangers and the SFA have held constructive talks after the Ibrox club highlighted a number of refereeing concerns during their 1-1 draw at Aberdeen”

Scottish Football :lolrangers:

https://www.skysports.com/football/news/11788/12521269/rangers-hold-sfa-talks-over-refereeing-concerns-during-aberdeen-match

[Ronniekirk]

“Rangers and the SFA have held constructive talks after the Ibrox club highlighted a number of refereeing concerns during their 1-1 draw at Aberdeen”

Scottish Football :lolrangers:

https://www.skysports.com/football/news/11788/12521269/rangers-hold-sfa-talks-over-refereeing-concerns-during-aberdeen-match

Do all teams get to do this ?
Edit article says dialogue open with all clubs


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[Billy Whizz]

“Rangers and the SFA have held constructive talks after the Ibrox club highlighted a number of refereeing concerns during their 1-1 draw at Aberdeen”

Scottish Football :lolrangers:

https://www.skysports.com/football/news/11788/12521269/rangers-hold-sfa-talks-over-refereeing-concerns-during-aberdeen-match

Are they asking why McGregor wasn’t sent off

[Moulin Yarns]

“Rangers and the SFA have held constructive talks after the Ibrox club highlighted a number of refereeing concerns during their 1-1 draw at Aberdeen”

Scottish Football :lolrangers:

https://www.skysports.com/football/news/11788/12521269/rangers-hold-sfa-talks-over-refereeing-concerns-during-aberdeen-match

Have they admitted to making up the Cinch lies yet.

[LunasBoots]

“Rangers and the SFA have held constructive talks after the Ibrox club highlighted a number of refereeing concerns during their 1-1 draw at Aberdeen”

Scottish Football :lolrangers:

https://www.skysports.com/football/news/11788/12521269/rangers-hold-sfa-talks-over-refereeing-concerns-during-aberdeen-match

Yet more pressure on officials to give them everything. Ridiculous

[Glory Lurker]

The article gives the impression that this sort of dialogue goes on all the time. If that's right, why does this example get coverage?

[Jones28]

“Rangers and the SFA have held constructive talks after the Ibrox club highlighted a number of refereeing concerns during their 1-1 draw at Aberdeen”

Scottish Football :lolrangers:

https://www.skysports.com/football/news/11788/12521269/rangers-hold-sfa-talks-over-refereeing-concerns-during-aberdeen-match


:faf:

And Paul McGinn gets a ban for calling out a referee after a cup final.

[gbhibby]

It’s £100 million. Eye watering investment. Thankfully they wasted a lot of it getting through the divisions.

£100M Spent,one major trophy not very good ROI in my opinion. Oops wait forgot the Petrofac cup.😁

[Carheenlea]

“Everyone Anyone”

https://www.glasgowlive.co.uk/news/glasgow-news/rangers-fan-in-tears-after-22846537?fbclid=IwAR2jR1Y_RAs***-mWSI2sXc-oa0pIoWKNiKIFKTTVmWhpMC1WvhcEVyXnA0