It's said that McCulloch is on £12k-that's a week not a season.
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It's said that McCulloch is on £12k-that's a week not a season.
It's amazing it's come to this again.
They should have been able to absolutely walk their way through the leagues with a sustainable annual wage budget of £2m (£40k a week) and a journeyman manager with good experience at that level. But no -- they decided to try to compete in the cups and pay Fat Sally more than £2,000 a day. He probably still earns more than the entire squad of any other team in the third or fourth tier.
With any kind of boardroom leadership they wouldn't have gone mental with SPL signings (Daly, Sheils, Black, Sandaza, Templeton, Kyle, Bell) when they were in the fourth tier. Remember when we were in the first division? McLeish signed guys like Derek Collins, Tom Smith and Paul Lovering (who were all solid at that level) to fill the gaps between a few real quality players. That's the way to do it, and Sevco already had a few SPL-level players in McCulloch, Wallace, Alexander etc.
Like Hearts they can have no excuses this time. The fans were happy to sign the players so they can pay the consequences.
The media campaign to bring in Dave King (aka tax evading white knight) will be ratcheted up several notches in the next few days I expect.
Apparently the players have declined to take that 15% wage cut. :greengrin
http://www.football365.com/rangers/9...eir-pay-by-15-
I don't blame their players. If they've been promised that then why should they take a cut?
This only has one outcome really...
What a ****ing shame :greengrin
I can see them selling Wallace and Templeton during this window to raise some much needed cash.
We're focusing on the players' wages because the game is what interests us. While the players' wages are way above what's necessary to win the league they're in, it should be noted that The Rangers would still have lost millions last season if the entire squad had been amateurs.
The cost of the players isn't unreasonable as a proportion of turnover. Other expenses are a much larger problem as they're still at a level near to that of the Oldco on around half the turnover. That's where they need cuts of a lot more than the 15% wage reduction that's been turned down. It'll be getting worked on in the background but won't get the same publicity at present.
Rarely and when he does its the typical patronising pish you'd expect from someone who doesn't attend games anyway. It was a Celtic fan who told me about Phil and that he was basically a hysteric and an axe grinding bore.
Although he got himself an NUJ card out of a cornflakes box Phil is certainly not a real journalist and basically jumped on a story (Rangers tax issues) originally broken by another journalist (Darryl King) and fair play to him he's milked it for all it's worth.
But his writing style is clunky and invariably descends into puerile name calling such as referring to Rangers fans as Nazis & Klan. That's just embarrassing and is the sort of nonsense you would read on the more infantile Sellik sites. His two books are even worse, bordering on the unreadable at time as he spouts his near incoherent ire and outrage and are filled with long links to online articles. In printed format I personally find that sort of thing off putting in the extreme. He must have had a very inexperienced editor or one who was asleep at the time.
Desperate to be taken seriously Phil sold the rights to his book to the Sun who then ran a mile when they read some of his stuff online and realised he was just another sectarian minded fruitcake. Although his little band of disciples squealed their outrage at this slight and insisted that Phil was being ironic rather than bigoted in truth he's never recovered from that.
Avoid.
Rangers go Mammaries Up....
Reincarnated as The Rangers (Sevco 5088).....
They go mammaries up AGAIN......what will they be called :rolleyes:
http://www.rangers.co.uk/images/stat...Report2013.pdf
I'm not an accountant so if I get anything wrong I'm happy to be corrected. As I understand it, page 12 shows that their income for last season was £19 million and operating costs were over £33 million. One-off costs like repaying Oldco's football debts appear elsewhere.
The biggest item in operating costs was Staff Costs of almost £18 million. First team player wages were less than half of that. Rangers employ a lot of other people. McCoist and his sidekicks are the best known, and the executives took a good cut, but there's a large number in office jobs, stadium maintenance etc. I'd be surprised if any other SPFL club spends more on non-playing staff than it does on players.
The second biggest item in operating costs was Other Operating Charges at £13 million. That includes policing and stewarding on match days and the general running costs of Ibrox and Murray Park. I don't know what else is in that. Their player budget is way down from what the old Rangers paid in the SPL, while other costs haven't reduced so much. The review has to look at other items. Even simple things like travelling to away games on the day rather than staying in hotels overnight can help bring losses down.
that seems like a staggering amount, to pay out on staff in it's self! even half of that going to players, is unbelievable, given their league status at the moment. incredible, and I hope they get their due returns, for acting like the biggest club on the planet, while heading up the 3rd tier of Scottish football
I don't think that Whyte, Green and whoever else was involved had considered the possibility that the new Rangers would not be voted into the SPL. When it happened they didn't adjust to it - they may well have believed that the consequences for the rest of the SPL would be so bad that a reorganisation would bring them back to the top tier for this season. Reality's kicking in now.