The BBC have started their ban on Rangers coverage by talking about Rangers for an hour on sportsound. Beyond parody.
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The BBC have started their ban on Rangers coverage by talking about Rangers for an hour on sportsound. Beyond parody.
Breaking news......Douglas Park resigns.
http://www.heraldscotland.com/sport/...Rangers_board/
Hmmmm:cb
it has been an honour and a privilege to serve the Club and I will always be proud of the part I played in bringing this great institution back into the hands of those who have its best interests at heart
oh aye, bigot central is a great institution to be proud of right enough :faf: there's not an ounce of honour in that vile institution, never has been and never will be
To be fair, the BBC's ban is on sending reporters to Ibrox to broadcast matches from the ground. They will still include match reports ( they will get their reports second hand I presume ) and cover Sevco news etc. Sevco still have their supporters within the BBC of course. Richard Wison commented that "..... all this is really unfortunate as there are great things coming this year ...... Sevco ( he calls them Rangers) going back up ......."
Alex Thomson on the Rangers ban http://blogs.channel4.com/alex-thoms...-football/9763
Anyone know how much debt The Rangers are in and how much they've been losing every year by spending money they've not got?
Fairly withering assessment on this blog
john james @sitonfence Jul 29
https://rangerssupportersloyal.wordpress.com/2015/07/03/rsl-statement-on-lies/comment-page-2/#comment-2128 …
Last Paragraph "The £6.75M raised from 30.050 ST cards, which yields £5.4M after tax, is barely sufficient to pay the current player payroll. There is one chattered accountant on the board, and one who has lied that he is a CA when scamming investors in South Africa. Surely the real CA can, on the back of a cigarette packet, look at operational expenditure of £30M and income from ST, broadcasting, 32 Red, match day spend, cup runs and best case £200,000 from Rangers Retail and arrive at a deficit of £8-£10m, or £12.5m if the boycott of SD is successful. The £2.5m monthly burn rate will soon catch up with them."
Rangers debts are to Mike Ashley ( £ 5 million ), the 3 bears about £ 3 million but probably not repayable as they will convert to shares.
Nothing to the banks as they won't lend to the toxic club.
There could well be other debts building up with late payments of Business Rates ( £ 837,000 total for 1 year ), also utilities and phone companies seem targets for non-payment by distressed football clubs.
I've done a few rough calcs. based on their 2013 TRFC accounts and I reckon the money will run out by November /December even without Ashley's repayment.
That is, unless they have a hugely successful share issue or the glib and shameless one starts investing big time.