Here you, bigger smiley's eh, can't even see that with the gregory's on. :greengrin
Printable View
Without hearing all of the evidence, one can't be certain about that. For example, it might clarify the exact nature (and valuation) of the amount that the new company paid for the goodwill of the old club.
(Insert stirring smiley)
Sent from my SM-A510F using Tapatalk
Looks like they deleted the thread 😢😂
If admin is a possibility, and it's an if, now would be the time to do it. Only downside might be they might lose out on a UEFA cup place depending on the points deduction. A few potential pitfalls but these should be easily bypassed iif previous events are anything to go by.
Administration is a useful tool for unscrupulous companies to shed debt.
I'm not sure The Rangers have any debt to shed and can't see how it would solve any of their other issues, such as needing tens of millions to catch up with Celtc and to repair the Stadium.
The only thing that could help them is a move to the cash rich English Leagues, which doesn't look like it's going to happen anytime soon.
This and the Fannies Hat fiasco, is brilliant entertainment!
I agree with most of that (and the UEFA place comment) but wonder about the possibility of extracting themselves from the Ashley contract and his involvement?
If they were considering admin as a possibility then now, 27 points behind Celtic and 25 ahead of ICT (new club/old club deductions? and 12 games to play), would seem as good a time as any.
They may, however, have no intentions in that direction.
(One of) the fundamental problems they have is the size of the ground. Celtic can average 10,000 per home game more which means 19 home games x min £25 avg ticket x 10,000 = £4.75m extra per year. Therefore Disco Dave's £30m investment is required to catch up (hmmmm) and will be gone in 6 years..and then normal service is resumed. Bit like ER and the PBS though on a much bigger scale 🙂
And that doesn't take into account Celtic have £19m in the bank and no debt and Sevco have zero in the bank and £15m debt.
Then you have the potential sale of Dembele which looks to be £20m and Tierney (£15m) compared with Barrie Mackay (£6m [emoji23][emoji23][emoji23]).
On top of that, Celtic make about £5m a year on merchandising and Rangers make zero and will continue with that for the next 6 years.
And of course Celtic have Champions league income. Say it's every two years and that still works out at an extra £15m a year.
To turn this around is going to take a lot more than £30m and it has to happen quickly or the gap will become wider as the Sevconians will not accept being Espanyol to Celtics Barca and will just stop attending games.
Sent from my iPhone using Tapatalk
That's no problem, David Murray announced plans to increase the size of the stadium to circa 60,000...
http://i13.tinypic.com/4uw26xj.jpg
http://mattleslie74.weebly.com/blog/...read-confusion
Sent from my iPhone using Tapatalk
Statement on the Warburton farce has the following snippet, is it all loans?
https://uploads.tapatalk-cdn.com/201...a7125bba1e.jpg
Sent from my iPhone using Tapatalk
Full R*ngers statement here: https://rangers.co.uk/news/headlines...ent-dave-king/
I see it is titled as "statement from Dave King" and it's got a 2016 Copyright.
Does that apply in 2017?
I think it can be summarised as, "it is all Warburton's fault".