Generic Sevco / Rangers meltdown thread

They've hung Chris McLaughlin out to dry on this one, it would be interesting to see what specific aspects of his reporting the BBC considered did not meet their editorial standards and why they think it didn't meet their standards.

No specific apology or reference to specific articles/reports makes me think that they're just doing this to appease Sevco and their fans and get back into Ibrox as they think it was harming their coverage.

I'd hazard a guess that Chris McLaughlin still won't be welcome to report from there and it'll be other reporters doing all the work.

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Originally Posted by Torto7

Imagine how Spence is feeling now. The Beeb are in full unionist attack mode away from football so it makes sense for them to try and appease the loyalist pitbulls. Pathetic. They'll run anti racism campaigns whilst praising the atmosphere at Ibrox without the slightest hint of irony.

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Precisely this, there is a deeper meaning here rather than football stuff. Trying to keep as many of them inside as they can. I suspect under instruction from those higher up in the BBC

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Originally Posted by Torto7

Imagine how Spence is feeling now. The Beeb are in full unionist attack mode away from football so it makes sense for them to try and appease the loyalist pitbulls. Pathetic. They'll run anti racism campaigns whilst praising the atmosphere at Ibrox without the slightest hint of irony.

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Agreed, anyone expecting anything else from the UK State broadcaster hasn't been paying attention.

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Originally Posted by Moulin Yarns

https://twitter.com/BBCScotComms/sta...avDYKK0eA&s=19

BBC apology to the Rangers to end the dispute!!!

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The statement notes that the apologies have been previously been made and are repeated. If true why wasn’t the dispute settled with the original apologies.?

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Originally Posted by Torto7

Bingo. Orange walks are up by 129% since 2014. Someone is paying to bus in a lot of obese bigots from Ulster.

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That's an incredible and depressing stat.

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Originally Posted by MKHIBEE

The statement notes that the apologies have been previously been made and are repeated. If true why wasn’t the dispute settled with the original apologies.?

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It wasn't settled because the Beeb decided to stand by their employee and refused to let the Huns decide who could cover their games at ibrox. It certainly looks like they've chucked their employee under the big loyalist hun bus this time, hence the end of hostilities. The Beeb is going to need all the loyal unionists on side over the next year or so as they ramp up the propaganda, this is the reason this has happened now.

Stop whining about the BBC grovelling on its knees to Newco and do something else instead and there is absolutely nothing they can do about it.😂

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Originally Posted by Oscar T Grouch

It wasn't settled because the Beeb decided to stand by their employee and refused to let the Huns decide who could cover their games at ibrox. It certainly looks like they've chucked their employee under the big loyalist hun bus this time, hence the end of hostilities. The Beeb is going to need all the loyal unionists on side over the next year or so as they ramp up the propaganda, this is the reason this has happened now.

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Dispicable decision by the BBC. I wonder if the SFA and SPFL have put pressure on the BBC to stop victimising their beloved Sevco. To apologise so long after the original incident suggests some sort of collusion or pressure.

Not sure I'd be in a rush to go and work for the BBC.

The way they stand by their journalists really leaves something to be desired.

There's something absolutely ****ing rancid about Scotland when you see what happens to the likes of Jim Spence, Chris McLaughlin and Graham Spiers for either reporting facts or holding a slightly different opinion to the one that one of Scotland's most dubious institutions would like them to hold.

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Originally Posted by Oscar T Grouch

It wasn't settled because the Beeb decided to stand by their employee and refused to let the Huns decide who could cover their games at ibrox. It certainly looks like they've chucked their employee under the big loyalist hun bus this time, hence the end of hostilities. The Beeb is going to need all the loyal unionists on side over the next year or so as they ramp up the propaganda, this is the reason this has happened now.

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This, 100%.

The BBC are effectively condoning sectarian chanting at Ibrox by not continuing to fight the corner of their employee who’s reporting accurately described events at Ibrox at the time. To suggest this didn’t meet editorial standards makes a mockery of any genuine attempts to call out sectarianism and bigotry in Scotland.

Ultimately it wasn’t really much of a boycott as it’s not as if we didn’t hear enough Rangers content from the BBC on a daily basis on Sportsound. If they didn’t actually tell us they were boycotting Ibrox how would we have known?

It’s been a while since we’ve had this thread on the 1st page.

Could resist sharing this conspiracy theory that the death of former Pop Idol singer Darius Danesh is linked to The Rangers.

https://www.followfollow.com/forum/t...angers.219335/

Few Rangers mates reckon Park is selling the Buns next week to some Hong Kong consortium any truth in that or just Chinese whispers?

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Originally Posted by LunasBoots

Few Rangers mates reckon Park is selling the Buns next week to some Hong Kong consortium any truth in that or just Chinese whispers?

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It's all Phooey

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Originally Posted by LunasBoots

Few Rangers mates reckon Park is selling the Buns next week to some Hong Kong consortium any truth in that or just Chinese whispers?

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Well you never know……….. I was unaware of the link:

Hun, in Chinese Daoism, the heavenly (and more spiritual) “souls” of the human being that leave the body on death,

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Originally Posted by LunasBoots

Few Rangers mates reckon Park is selling the Buns next week to some Hong Kong consortium any truth in that or just Chinese whispers?

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After being compared to Mannequins against Ajax their new sponsors will be the Terracotta Warriors.

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Originally Posted by LunasBoots

Few Rangers mates reckon Park is selling the Buns next week to some Hong Kong consortium any truth in that or just Chinese whispers?

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Does he even own Sevco?

Sounds like a desperate attempt by the board to start a bidding war to try and recoup their collective losses. Maybe they don't fancy taking on the Lying King again in a power struggle.....

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Originally Posted by Moulin Yarns

https://twitter.com/BBCScotComms/sta...avDYKK0eA&s=19

BBC apology to the Rangers to end the dispute!!!

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That is a disgrace.

Huns trying to do walking away at half time earlier 🤣🤣

https://twitter.com/no7magic/status/...vvvhTwr4g&s=19

https://twitter.com/Hun_Occhio/statu...rwOykZqNA&s=19

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Originally Posted by LunasBoots

Few Rangers mates reckon Park is selling the Buns next week to some Hong Kong consortium any truth in that or just Chinese whispers?

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Looking forward to seeing Taiwanese flags alongside the Irish and Palestinian one's at Celtic Park.

Good to see @RangersTaxCase tweeting again about EBTs and taxes not being paid ...

https://twitter.com/rangerstaxcase/s...nGAq0BqwaYqv_A

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Originally Posted by grunt

Good to see @RangersTaxCase tweeting again about EBTs and taxes not being paid ...

https://twitter.com/rangerstaxcase/s...nGAq0BqwaYqv_A

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Rangers fans not happy with the current owners I see, asking where all the monies have gone 😁

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Originally Posted by LunasBoots

Rangers fans not happy with the current owners I see, asking where all the monies have gone 😁

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Realising that good chunks went/are going to Ashley and Hector would I would imagine have them booting goats around the lodge in anger lol.... Oh wait, they are always angry....

https://www.bbc.co.uk/sport/football/63566707

Huns post a profit. Is it just me or is £5.9m profit (to year end June 22) for a season that they sold a player for £12mil and reached the 2nd tier European final, seem a little small to you? Vast improvement on the £23.5mil lose from last season. Their turnover is up, probably due to their Euro adventures but doing a back of a fag packet calculation, take away Patterson's (12m) sale and the Euro final (est €10-12m so £9-10mil), they would still be taking a loss of around £18mil. Are the huns only sustainable if they sell players circa £10mil each year and get Euro football to the tune of around £10mil per season, is that a good business model?

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Originally Posted by Oscar T Grouch

https://www.bbc.co.uk/sport/football/63566707

Huns post a profit. Is it just me or is £5.9m profit (to year end June 22) for a season that they sold a player for £12mil and reached the 2nd tier European final, seem a little small to you? Vast improvement on the £23.5mil lose from last season. Their turnover is up, probably due to their Euro adventures but doing a back of a fag packet calculation, take away Patterson's (12m) sale and the Euro final (est €10-12m so £9-10mil), they would still be taking a loss of around £18mil. Are the huns only sustainable if they sell players circa £10mil each year and get Euro football to the tune of around £10mil per season, is that a good business model?

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Unfortunately think they’ll be doing fine money wise. Champions League money, Aribo and Bassey sales added to season ticket money etc will be a fair whack.

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Originally Posted by JohnM1875

Unfortunately think they’ll be doing fine money wise. Champions League money, Aribo and Bassey sales added to season ticket money etc will be a fair whack.

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Yeah I suppose, just sticks in the craw a bit. Their demise lead to 120mil in loses and they are still competing and spending more than everyone bar celtc.

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Originally Posted by Oscar T Grouch

Yeah I suppose, just sticks in the craw a bit. Their demise lead to 120mil in loses and they are still competing and spending more than everyone bar celtc.

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It remains to be seen how engaged the "hordes" will remain if they're a distant second best to Celtic over a sustained period of time, and they appear to have a pretty high bar for breaking even. As has been pointed out, to make a profit of "only" 5 and a bit million when they've had a lot go their way poses more than a few questions.


Funny to see this thread come back around again now - I'm going to a lecture up at Stirling Uni tomorrow by a business lecturer who has written a book on the subject of the whole Rangers implosion. I'm quite looking forward to it.

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Originally Posted by Smartie

It remains to be seen how engaged the "hordes" will remain if they're a distant second best to Celtic over a sustained period of time, and they appear to have a pretty high bar for breaking even. As has been pointed out, to make a profit of "only" 5 and a bit million when they've had a lot go their way poses more than a few questions.


Funny to see this thread come back around again now - I'm going to a lecture up at Stirling Uni tomorrow by a business lecturer who has written a book on the subject of the whole Rangers implosion. I'm quite looking forward to it.

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Could you let us know how it goes and if the book sounds worthwhile?

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Originally Posted by WhileTheChief..

Could you let us know how it goes and if the book sounds worthwhile?

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Me too!

Sent from my EML-L29 using Tapatalk

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Originally Posted by Oscar T Grouch

Yeah I suppose, just sticks in the craw a bit. Their demise lead to 120mil in loses and they are still competing and spending more than everyone bar celtc.

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They hardly spent a thing in the last transfer window compared to what they've done in the past. I imagine that will remain the case moving forward as they are in the FFP sights of UEFA.

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Originally Posted by HoboHarry

They hardly spent a thing in the last transfer window compared to what they've done in the past. I imagine that will remain the case moving forward as they are in the FFP sights of UEFA.

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That is one part of it but if they're relying on selling players each year to break even, restricting what you spend makes that all the more difficult, which is nice, the harder they have to struggle to exist the better! :greengrin

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Originally Posted by WhileTheChief..

Could you let us know how it goes and if the book sounds worthwhile?

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Quote:

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Originally Posted by donno

Me too!

Sent from my EML-L29 using Tapatalk

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Of course.

This is the lecture...

https://www.eventbrite.co.uk/e/range...s-439489333427

And a couple of articles from the press about the lecture and book from last week...

https://www.thescottishsun.co.uk/spo...ers-died-book/

https://www.thescottishsun.co.uk/spo...nts-glad-dead/



A lot of the info regarding the collapse of Rangers has come from the "Celtic minded" fraternity, so I was hoping there might be some merit in hearing the angle of a Falkirk supporting academic.

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Originally Posted by Smartie

Of course.

This is the lecture...

https://www.eventbrite.co.uk/e/range...s-439489333427

And a couple of articles from the press about the lecture and book from last week...

https://www.thescottishsun.co.uk/spo...ers-died-book/

https://www.thescottishsun.co.uk/spo...nts-glad-dead/



A lot of the info regarding the collapse of Rangers has come from the "Celtic minded" fraternity, so I was hoping there might be some merit in hearing the angle of a Falkirk supporting academic.

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That sounds very interesting although a bit far for me to attend. I think almost all fans of other clubs observed the goings-on with a huge amount of distaste and find it difficult, if not impossible, to be dispassionate; but as the chap is an academic he will probably produce some difficult conclusions for most of us.

One of these is if he tries to separate the club from the company as I'd always lumped the two together. Up until Murray put them on the market, the directors were, to my knowledge, all Rangers supporters so inextricably linked to the club and after they were sold they were not, just 'suits' in to pillage the club as fast as possible. However, as we all know, the financial problems had started many years before when Murray was looking for ways to pay for his excessive spending to try and keep up with Celtc.

I look forward to hearing what Mr. Howieson says but I hope he confirms many of our suspicions.

Just saw they had a display that said "let me tell you a story of honour and glory"

Not a hint of irony

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Originally Posted by Fuzzywuzzy

Just saw they had a display that said "let me tell you a story of honour and glory"

Not a hint of irony

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[Curtain Up]

The date is 21st May 2016

The clock reads ninety-plus-two

It's Liam Henderson to deliver

David Gray The Captain

What Kept You Hibs

[Curtain Drops]

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Originally Posted by Oscar T Grouch

https://www.bbc.co.uk/sport/football/63566707

Huns post a profit. Is it just me or is £5.9m profit (to year end June 22) for a season that they sold a player for £12mil and reached the 2nd tier European final, seem a little small to you? Vast improvement on the £23.5mil lose from last season. Their turnover is up, probably due to their Euro adventures but doing a back of a fag packet calculation, take away Patterson's (12m) sale and the Euro final (est €10-12m so £9-10mil), they would still be taking a loss of around £18mil. Are the huns only sustainable if they sell players circa £10mil each year and get Euro football to the tune of around £10mil per season, is that a good business model?

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I'm not a qualified accountant, but in their accounts it says an operating loss for the year to 30 June 2022 of just under £1m. So where does the £5.9m profit come from :confused:

https://assets.ctfassets.net/39646ie...2_09_FINAL.pdf

Attachment 26281

Quote:

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Originally Posted by CyberSauzee

I'm not a qualified accountant, but in their accounts it says an operating loss for the year to 30 June 2022 of just under £1m. So where does the £5.9m profit come from :confused:

https://assets.ctfassets.net/39646ie...2_09_FINAL.pdf

Attachment 26281

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Sorry I was going by the BBC story which states that as profit, I wouldn't even look at the accounts as I have less comprehension of them than a rock does of quantum mechanics :greengrin
Maybe one of our better knowledged posters will be able to help.

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Originally Posted by Oscar T Grouch

Sorry I was going by the BBC story which states that as profit, I wouldn't even look at the accounts as I have less comprehension of them than a rock does of quantum mechanics :greengrin
Maybe one of our better knowledged posters will be able to help.

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Wasn't having a go at you Oscar!! Just very confused with the headline myself when you see an actual loss in the P&L!!!! Where is cropley was god???

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Originally Posted by Fuzzywuzzy

Just saw they had a display that said "let me tell you a story of honour and glory"

Not a hint of irony

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seen that last night as well mate creepy people lol

They have been making losses for 10 years I was surprised that was the only debt they owe anyone haha i thought it would have been in the tens of millions.

Quote:

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Originally Posted by CyberSauzee

I'm not a qualified accountant, but in their accounts it says an operating loss for the year to 30 June 2022 of just under £1m. So where does the £5.9m profit come from :confused:

https://assets.ctfassets.net/39646ie...2_09_FINAL.pdf

Attachment 26281

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David Low was pretty quick to guffaw at the notion that they made a profit. They didn't.

Quote:

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Originally Posted by CyberSauzee

I'm not a qualified accountant, but in their accounts it says an operating loss for the year to 30 June 2022 of just under £1m. So where does the £5.9m profit come from :confused:

https://assets.ctfassets.net/39646ie...2_09_FINAL.pdf

Attachment 26281

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No, it says an operating profit of just under £5.9m which is the profit before one-off costs (the note suggests that’s legal costs), finance costs (so interest etc.) and tax. Taking those three things into account, the loss after tax, one-off costs and finance costs is just under £1m.

According to this, still owe £78m to investors


https://www.ibroxnews.com/2022/11/10...rs-chris-jack/

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Originally Posted by Billy Whizz

According to this, still owe £78m to investors


https://www.ibroxnews.com/2022/11/10...rs-chris-jack/

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They are in UEFA's cross-hairs too after falling foul of the FFP rules. F*** 'em, I hope they go bust and the Park's et al don't get their money back.

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Originally Posted by HoboHarry

They are in UEFA's cross-hairs too after falling foul of the FFP rules. F*** 'em, I hope they go bust and the Park's et al don't get their money back.

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I hope they cinch it 🤣

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Originally Posted by Billy Whizz

According to this, still owe £78m to investors


https://www.ibroxnews.com/2022/11/10...rs-chris-jack/

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Not seeing that at all.

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Originally Posted by CropleyWasGod

Not seeing that at all.

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Looks like just over £12m to me. Their total liabilities isn't that much more than the figure stated in that article, so I'm not too sure where they are getting that.

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Originally Posted by overdrive

Looks like just over £12m to me. Their total liabilities isn't that much more than the figure stated in that article, so I'm not too sure where they are getting that.

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Possibly included the share capital and share premium, which is a nonsense way to look at things. I still can't get those numbers to work either.

To answer the earlier questions about profit/loss,they have included the £11m (?) from Everton for Patterson when arriving at the headline profit.

After the season end , they also sold Aribo and Bassey.

I haven't looked at the accounts in detail, but what I have seen suggests that they need to sell to keep afloat.....

... just like most clubs:))

Just when you think it's all gone away...



https://news.stv.tv/west-central/spo...-discovery-bid



Sue them!!!! £9.5mill

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Originally Posted by Moulin Yarns

Just when you think it's all gone away...



https://news.stv.tv/west-central/spo...-discovery-bid



Sue them!!!! £9.5mill

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One day Sevco will realise that while they can run roughshod over the inept dullards at the SFA, their irresponsibility and/or dishonesty will get them handed their ***** when they play with big business. **** them, I hope they go bust. Again.

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Originally Posted by HoboHarry

One day Sevco will realise that while they can run roughshod over the inept dullards at the SFA, their irresponsibility and/or dishonesty will get them handed their ***** when they play with big business. **** them, I hope they go bust. Again.

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Oi!! What’s this “again” thing. The the rangers have never been bust😏

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Originally Posted by Moulin Yarns

Just when you think it's all gone away...



https://news.stv.tv/west-central/spo...-discovery-bid



Sue them!!!! £9.5mill

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According to the Scottish sun (yeah I know) . Sydney super cup promoters have filed legal action against rangers and are looking for 1.7 million in compensation. Hope this is true as well 😆

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Originally Posted by Donegal Hibby

According to the Scottish sun (yeah I know) . Sydney super cup promoters have filed legal action against rangers and are looking for 1.7 million in compensation. Hope this is true as well 😆

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https://news.stv.tv/sport/rangers-sued-for-1-6m-after-withdrawing-from-sydney-super-cup

Quote:

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Originally Posted by Moulin Yarns

Just when you think it's all gone away...



https://news.stv.tv/west-central/spo...-discovery-bid



Sue them!!!! £9.5mill

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Apparently that company have now gone into administration.

Not that it stops the receivers from trying to get money, but I'd imagine it makes it less likely.

quite a few voting against the re-election of Douglas Park as chairman though still expected to get it

Club 1872 to vote AGAINST Rangers chairman Douglas Park as fan group reveal their stance on 3 AGM issues (msn.com)

Rangers liquidators finally agree settlement .
https://www.thescottishsun.co.uk/spo...mrc-creditors/

this whole case has cost the scottish taxpayer fortunes

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Originally Posted by happiehibbie

this whole case has cost the scottish taxpayer fortunes

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To be pedantic, it's the UK taxpayer. The whole debacle happened at a time when we didn't have access to our own Income Tax receipts.

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Originally Posted by CropleyWasGod

To be pedantic, it's the UK taxpayer. The whole debacle happened at a time when we didn't have access to our own Income Tax receipts.

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However, the malicious prosecution of Sevco has cost the Scottish Taxpayer £51m

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Originally Posted by Winston Ingram

However, the malicious prosecution of Sevco has cost the Scottish Taxpayer £51m

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Indeed:)

If we'd had access to our own IT money, we might have ended up ahead .... but that's for another thread ;)

Nice to see @RangersTaxCase posting again on Twitter.

He's talking about this story in The Times https://www.thetimes.co.uk/article/s...x=1673543200-1

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EXCLUSIVE: A sheriff who owned shares in Rangers FC is to retire after it emerged that he colluded with a senior police officer before submitting a dishonest and misleading report during the botched police investigation into the takeover of the Ibrox ...

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Quote:

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Originally Posted by grunt

Nice to see @RangersTaxCase posting again on Twitter.

He's talking about this story in The Times https://www.thetimes.co.uk/article/s...x=1673543200-1

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Will be interesting to see how the MSM covers this. Deafening silence from the Sevco acolytes most likely.

So Hun sherriff falsifies warrants so that Hun cop can try to fit up Duff & Phelps because they're both beelin about what happened to the Old Huns. This costs the taxpayer a multi-million pound settlement.

But Scotland's most senior judge personally intervenes so no action is taken and the sherriff can just quietly retire? :confused:

I’m always happy when this thread reappears on Page 1.

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Originally Posted by Lendo

I’m always happy when this thread reappears on Page 1.

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I live in hope that I open this thread one day to find that the new iteration of that ugly club has gone into administration.

Quote:

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Originally Posted by JeMeSouviens

So Hun sherriff falsifies warrants so that Hun cop can try to fit up Duff & Phelps because they're both beelin about what happened to the Old Huns. This costs the taxpayer a multi-million pound settlement.

But Scotland's most senior judge personally intervenes so no action is taken and the sherriff can just quietly retire? :confused:

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Yep a shocker he is able to retire says it all. Corrupt as

Quote:

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Originally Posted by JimBHibees

Yep a shocker he is able to retire says it all. Corrupt as

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And folk still insist the game in Scotland is not corrupt, the law is corrupt, and some of those in charge of the football are either frightened to do or say anything, and the rest just plain corrupt.

And we are all daft enough to still follow the bloody game knowing this. :crazy:

Every team in Scotland needs to isolate the rangers to remove them from Scottish football. This is the tip of the iceberg in regards to the level of corruption that surrounds them.

Quote:

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Originally Posted by HoboHarry

I live in hope that I open this thread one day to find that the new iteration of that ugly club has gone into administration.

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:agree:
I hope and pray that by the time we reach page 1690 the zombie incarnation has received the fatal blow to the noggin.
217 pages to go for the delicious irony.

Quote:

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Originally Posted by grunt

Nice to see @RangersTaxCase posting again on Twitter.

He's talking about this story in The Times https://www.thetimes.co.uk/article/s...x=1673543200-1

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Looks like a conflict of interest and blatant corruption.

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Originally Posted by 007

Looks like a conflict of interest and blatant corruption.

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I agree, they should get these 2 judges trained up for VAR duties asap.

Sent from my SM-A750FN using Tapatalk

Quote:

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Originally Posted by Bostonhibby

I agree, they should get these 2 judges trained up for VAR duties asap.

Sent from my SM-A750FN using Tapatalk

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They must have done a crash course to get them in the booth (or whatever they call it) for tonight.

Not the club but their support


https://twitter.com/ionafyfe/status/...QWJxNMOyQ&s=19



Waking up to horrid comments (an entire thread) dedicated to harassing me on FollowFollow, the Rangers forum that The Rangers Club endorse. All because I suggested that people could buy my CD’s through my Ko-Fi to help offset $170 unexpected medical bills.

In eleven days time, this thread will have been on the go for eleven years.

Wishful thinking aside, it looks like we're stuck with the successors to the original Govan Bigots.


Maybe time to close it?

Quote:

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Originally Posted by Keith_M

In eleven days time, this thread will have been on the go for eleven years.

Wishful thinking aside, it looks like we're stuck with the successors to the original Govan Bigots.


Maybe time to close it?

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Hell no, that would mean all hope was completely lost.

Quote:

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Originally Posted by Keith_M

In eleven days time, this thread will have been on the go for eleven years.

Wishful thinking aside, it looks like we're stuck with the successors to the original Govan Bigots.


Maybe time to close it?

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Nah they’re still funny as **** from time to time and the rest of the time downright shameful


Sent from my iPhone using Tapatalk

like father like son Craig Whyte's dodgy dad banned from being company director after fraud probe (msn.com)

Notice that they have issued another shed load of shares. Is history repeating itself?

Maybe the face painter can now get paid

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Originally Posted by gbhibby

Notice that they have issued another shed load of shares. Is history repeating itself?

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Hopefully that lands them in a world of s***e with the new financial guidelines. They are already on the watchlist.

Quote:

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Originally Posted by BILLYHIBS

Maybe the face painter can now get paid

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🤣🤣🤣

Park has stepped down

Quote:

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Originally Posted by LunasBoots

Park has stepped down

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Distancing himself from the club before asking for his loan money back? Or he knows there is a financial s***storm coming from another conflict between share confetti and the new FSR? Butting heads with UEFA isn't going to end well, they don't kowtow to them like the SFA does.

Quote:

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Originally Posted by LunasBoots

Park has stepped down

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Has he blown the family fortune on a despicable football club ?

Quote:

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Originally Posted by greenginger

Has he blown the family fortune on a despicable football club ?

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Maybe daddy has finally lost his patience and seen enough money flushed down the toilet.

Quote:

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Originally Posted by HoboHarry

Distancing himself from the club before asking for his loan money back? Or he knows there is a financial s***storm coming from another conflict between share confetti and the new FSR? Butting heads with UEFA isn't going to end well, they don't kowtow to them like the SFA does.

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Think the fans have been asking for him to get out anyway, it’s not a happy camp!
How much are his loans worth

Quote:

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Originally Posted by Billy Whizz

Think the fans have been asking for him to get out anyway, it’s not a happy camp!
How much are his loans worth

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Guessing the amount they are trying to raise via new shares...

Sent from my SM-G990B using Tapatalk

Quote:

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Originally Posted by gbhibby

Notice that they have issued another shed load of shares. Is history repeating itself?

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Not sure it's that much of a story.

In cash terms, at best it's £1.93m. Not a lot in today's game.

However, I suspect it's (at least in part) another debt-for-equity swap. That way, FFP is kept at bay for now.

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Originally Posted by LunasBoots

Park has stepped down

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Other than wrecking the league’s relationship with its main sponsor, what did he achieve?

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Originally Posted by CropleyWasGod

Not sure it's that much of a story.

In cash terms, at best it's £1.93m. Not a lot in today's game.

However, I suspect it's (at least in part) another debt-for-equity swap. That way, FFP is kept at bay for now.

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Noticed that Crops, I think they did the same last year as well.

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Originally Posted by CropleyWasGod

Not sure it's that much of a story.

In cash terms, at best it's £1.93m. Not a lot in today's game.

However, I suspect it's (at least in part) another debt-for-equity swap. That way, FFP is kept at bay for now.

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I'm not up to date on all of this but I believe the FSR has superseded the old FFP and my understanding is that clubs are meant to live within their football income and share issues like this aren't included. This smacks of an emergency cash injection to me. They are on the FSR watchlist and I personally think Park is getting out while he can. We'll see, maybe I'm completely wrong (hopefully completely correct) but I just don't believe anything those tramps say and I also believe their must be a damn good reason for Park giving up his throne.

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Originally Posted by HoboHarry

I'm not up to date on all of this but I believe the FSR has superseded the old FFP and my understanding is that clubs are meant to live within their football income and share issues like this aren't included. This smacks of an emergency cash injection to me. They are on the FSR watchlist and I personally think Park is getting out while he can. We'll see, maybe I'm completely wrong (hopefully completely correct) but I just don't believe anything those tramps say and I also believe their must be a damn good reason for Park giving up his throne.

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Their latest 6 monthly accounts are out shortly. That could help us understand.

I expect them to be pretty good, given the money from player sales. If they're not, then....:cb

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Originally Posted by CropleyWasGod

Their latest 6 monthly accounts are out shortly. That could help us understand.

I expect them to be pretty good, given the money from player sales. If they're not, then....:cb

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If their accounts are healthy it seems a strange thing to do to dilute the value of the shares,

The SFA have responded to Rangers complaints about refereeing decisions following Saturdays game.

Is this normal practice?

https://www.footballscotland.co.uk/s...ponse-26668040

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Originally Posted by Carheenlea

The SFA have responded to Rangers complaints about refereeing decisions following Saturdays game.

Is this normal practice?

https://www.footballscotland.co.uk/s...ponse-26668040

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Did Entitled FC make a formal complaint, was it one of their crazy statements or some other method of saying "it isnae fair, we didnae win"?

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Originally Posted by Carheenlea

The SFA have responded to Rangers complaints about refereeing decisions following Saturdays game.

Is this normal practice?

https://www.footballscotland.co.uk/s...ponse-26668040

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Were they demanding that only Beaton and Walsh be allowed to officiate at all Sevco games?

Roasters doesn't cover it......

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https://www.bbc.co.uk/news/uk-scotland-65234008

They really are ****.