Generic Sevco / Rangers meltdown thread

[Ozyhibby]

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How thick are the Hun and the Daily ****** and when will they learn this is a new club?

When Third Division leaders Queen's Park visit Ibrox, it will resurrect world football's oldest rivalry - the Spiders having first played Rangers 137 years ago.
Full story: Daily Record
The last time Queen's Park beat Rangers, in the semi-finals of the Glasgow Merchants' Charities Cup in 1953, the result was decided by the toss of a coin.
Full story: The Sun

When will people learn not to read those sorry excuse for newspapers?

[Part/Time Supporter]

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How thick are the Hun and the Daily ****** and when will they learn this is a new club?

When Third Division leaders Queen's Park visit Ibrox, it will resurrect world football's oldest rivalry - the Spiders having first played Rangers 137 years ago.
Full story: Daily Record
The last time Queen's Park beat Rangers, in the semi-finals of the Glasgow Merchants' Charities Cup in 1953, the result was decided by the toss of a coin.
Full story: The Sun

Even if you accept the premise that it's the same Huns, QPFC v RFC isn't the oldest derby in the world. Notts Forest and Notts County first played each other in 1866.

http://en.wikipedia.org/wiki/Nottingham_derby

[CropleyWasGod]

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When will people learn not to read those sorry excuse for newspapers?

Probably when the likes of Keith Jackson stop breaking stories like "Craig Whyte used the Ticketus money to fund the Rangers take-over".

July 2011, according to them, but certainly before the OldCo went into administration..

http://www.scotzine.com/2012/01/rang...eason-tickets/

They do get it right sometimes.

[LeighLoyal]

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Probably when the likes of Keith Jackson stop breaking stories like "Craig Whyte used the Ticketus money to fund the Rangers take-over".

July 2011, according to them, but certainly before the OldCo went into administration..

http://www.scotzine.com/2012/01/rang...eason-tickets/

They do get it right sometimes.

I thought it was the English Daily Mail that broke that story and they'd no choice.

[Phil MaGlass]

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How thick are the Hun and the Daily ****** and when will they learn this is a new club?

When Third Division leaders Queen's Park visit Ibrox, it will resurrect world football's oldest rivalry - the Spiders having first played Rangers 137 years ago.
Full story: Daily Record
The last time Queen's Park beat Rangers, in the semi-finals of the Glasgow Merchants' Charities Cup in 1953, the result was decided by the toss of a coin.
Full story: The Sun

shouldnt it say the worlds youngest rivalry?

[green glory]

Celtic v Clyde is the oldest Glasgow derby apparently. Neither Govan nor Maryhill were in Glasgow at the time.

[joe breezy]

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Celtic v Clyde is the oldest Glasgow derby apparently. Neither Govan nor Maryhill were in Glasgow at the time.

Yes but clyde haven't played in Glasgow for years - even before they played in Cumbernauld it was Rutherglen, not technically Glasgow (a lot further from Glasgow city centre than Maryhill for example)

[joe breezy]

Moan the Spiders anyway

[Seveno]

At least Queens Park, being amateurs, won't have dual contracts.

[jgl07]

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Even if you accept the premise that it's the same Huns, QPFC v RFC isn't the oldest derby in the world. Notts Forest and Notts County first played each other in 1866.

http://en.wikipedia.org/wiki/Nottingham_derby

Sorry to be pedantic but it is Nottm Forest and Notts County.

[jgl07]

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Don't forget about the net loss of around 15 players who didn't TUPE. That's what's got the wage bill down to £6 million from £30 million and made Green's newco a financial success.

Where did you get the £6 million figure from? Don't forget the players brought in such as Francisco Sandaza, Dean Shiels, David Templeton, Ian Black, Kevin Kyle, and Sébastien Faure most of who will be on big wages that no SPL club bar Celtic could afford.

If Sevco are such a financial success, why did Green go down the IPO route?

[LeighLoyal]

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Where did you get the £6 million figure from? Don't forget the players brought in such as Francisco Sandaza, Dean Shiels, David Templeton, Ian Black, Kevin Kyle, and Sébastien Faure most of who will be on big wages that no SPL club bar Celtic could afford.

If Sevco are such a financial success, why did Green go down the IPO route?

It's a lot more than 6m, hence why Crazy Chuck needs the Orc piggy banks emptied. I would guess the real wage bill is double that £6m Hertz had a wage bill at around £12m for several seasons, I imagine Sevco is similar. Sally and McCulloch alone will be 2m.

[green glory]

The FTTT verdict is apparently with both concerned parties.

[jgl07]

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Probably when the likes of Keith Jackson stop breaking stories like "Craig Whyte used the Ticketus money to fund the Rangers take-over".

July 2011, according to them, but certainly before the OldCo went into administration..

http://www.scotzine.com/2012/01/rang...eason-tickets/

They do get it right sometimes.

Just like a stopped clock!

[grunt]

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Where did you get the £6 million figure from? Don't forget the players brought in such as Francisco Sandaza, Dean Shiels, David Templeton, Ian Black, Kevin Kyle, and Sébastien Faure most of who will be on big wages that no SPL club bar Celtic could afford.

Green was quoted from a meeting with Rangers supporters saying that the wage bill had been redcued from £30m to £6m. If you google Charles Green £6m wages you get a bunch of stories. No one believes it for a second, even Rangers supporters, and even if true, it's still possibly the third highest wage bill in the Scottish leagues - depending on how Hearts' cost cutting is going.

http://www.thesun.co.uk/sol/homepage.../4576955/.html

[Ozyhibby]

The old Rangers, MIH and HMRC all have the FTT decision according to Rangers Tax Case.
If it has gone well for them then I expect David Murray will be shouting it from the rooftops before the end of the weekend.
Silence probably means it has gone as expected.

[Caversham Green]

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Where did you get the £6 million figure from? Don't forget the players brought in such as Francisco Sandaza, Dean Shiels, David Templeton, Ian Black, Kevin Kyle, and Sébastien Faure most of who will be on big wages that no SPL club bar Celtic could afford.

If Sevco are such a financial success, why did Green go down the IPO route?

While not wishing to speak for Ballengeich, I think there may have been a degree of sarcasm in his post. He was replying to my comment about staff numbers being slashed from 256 to 255.

[ballengeich]

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Where did you get the £6 million figure from? Don't forget the players brought in such as Francisco Sandaza, Dean Shiels, David Templeton, Ian Black, Kevin Kyle, and Sébastien Faure most of who will be on big wages that no SPL club bar Celtic could afford.

If Sevco are such a financial success, why did Green go down the IPO route?

The reduction from £30 to £6 million was in one of Green's statements about the share issue. Surely you don't doubt him? Charles is an honourable man.

[ballengeich]

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While not wishing to speak for Ballengeich, I think there may have been a degree of sarcasm in his post. He was replying to my comment about staff numbers being slashed from 256 to 255.

Indeed. Charlie's claim is that wages have been reduced by £24 million since last season. There's been a net reduction of 15-20 in the playing staff. Has a single MSM outlet expressed the slightest scepticism about these figures?

[grunt]

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Has a single MSM outlet expressed the slightest scepticism about these figures?

I have to say that with every week which passes, it is this aspect which is becoming more annoying. The only people to point out the contradictions and blatant lies coming from Rangers are the forums and twitter folk. The BBC online and on the radio continue to provide outright support for Rangers, and the newspapers repeat every utterance verbatim with nary a quizzical comment.

[Moulin Yarns]

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The reduction from £30 to £6 million was in one of Green's statements about the share issue. Surely you don't doubt him? Charles is an honourable man.

Don't forget, th £6m is just the wage bill. There is still the £24 in trust funds to take account of.

[Jack Hackett]

Maybe Green actually meant to say £6m so far this season

[grunt]

I thought this was quite good:

http://www.twohundredpercent.net/?p=20932

[Seveno]

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I thought this was quite good:

http://www.twohundredpercent.net/?p=20932

Yes, an enjoyable read. You would be hard pressed though to decide who, from their current owner back to the previous two, had told the most lies.

I find it somewhat appropriate that such a vile institution attracts so many crooks.

[magpie1892]

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When will people learn not to read those sorry excuse for newspapers?

When will people learn that this is how papers (especially those published in Glasgow) retain a readership?

Naive much?

[LeighLoyal]

Lance Armstrong statement:


"Those races were won on the track, I want to know the names of these people..."



Another cup bites the dust!

[greenginger]

http://scotslawthoughts.wordpress.co...reholder-list/


The list of share holders in The Rangers/ Zombie Huns. Got a feeling I know who a couple of the mugs, sorry minor investors.

[LeighLoyal]

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http://scotslawthoughts.wordpress.co...reholder-list/


The list of share holders in The Rangers/ Zombie Huns. Got a feeling I know who a couple of the mugs, sorry minor investors.

Sally, £1m in newcorpse shares. Would like to know if he paid fair value and if not if tax will be applied when newcorpse float like a turd on the AIM. Tax dodging turds.

[Caversham Green]

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Sally, £1m in newcorpse shares. Would like to know if he paid fair value and if not if tax will be applied when newcorpse float like a turd on the AIM. Tax dodging turds.

It might be £1m or it might not - The list only gives the number of shares, not the value. It's quite common for shares to be issed with a nominal value that is less than £1 - for example Hibs shares are 2p each while the Oldhun's shares were 10p (as are the Yams).

As I said earlier, it may be coincidence, but 22m shares at 25p gives us £5.5m - now where have we seen that number before....

[Kaiser1962]

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It might be £1m or it might not - The list only gives the number of shares, not the value. It's quite common for shares to be issed with a nominal value that is less than £1 - for example Hibs shares are 2p each while the Oldhun's shares were 10p (as are the Yams).

As I said earlier, it may be coincidence, but 22m shares at 25p gives us £5.5m - now where have we seen that number before....

And Chico has nil shares which means despite his phenoemenol claims regarding Newhun's financial future he has not been prepared to forward one penny of his own money.