Generic Sevco / Rangers meltdown thread

[Hibby70]

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That is nowhere near he highest paid current player.

It's spelt Currant

[Makaveli]

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.

[Springbank]

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It's spelt Currant

Nice of you to capitalise it.

It's about the only thing that can be capitalised on at ibrox these days

[Weststandwanab]

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It's spelt Currant

Nice one

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Nice of you to capitalise it.

It's about the only thing that can be capitalised on at ibrox these days

You could capitalise loses - the Mad Vlad way !

[Spike Mandela]

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.

[Gettin' Auld]

Apparently the players have declined to take that 15% wage cut.

http://www.football365.com/rangers/9...eir-pay-by-15-

[Northernhibee]

I don't blame their players. If they've been promised that then why should they take a cut?

[Sylar]

This only has one outcome really...

What a ****ing shame

[Hibs Class]

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I don't blame their players. If they've been promised that then why should they take a cut?

Agree completely, in fact I commend them. If this hastens their demise then I'm all for it.

[CB_NO3]

I can see them selling Wallace and Templeton during this window to raise some much needed cash.

[Jack Hackett]

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I can see them selling Wallace and Templeton during this window to raise some much needed cash.

What's the going rate for Scottish 3rd Tier players?

[SteveHFC]

[ballengeich]

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.

[AndyM_1875]

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In the way you meant. He's not objectively reporting on the situation, I just find his whole style cringey: his language, the way he changed his name to something "more Irish", the way he moved "back" to Ireland (despite being from Glasgow). He is everything anti-Rangers, he's almost a parody of a Celtic fan you'd be more likely to see in "Only an Excuse?"

I know we're not exactly objective about Hearts (or Rangers, for that matter), but this is a fan's forum. We don't claim to be serious grown-up journalists.

Does he ever talk about Celtic?

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.

[SMAXXA]

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True. Was just on the radio there, that Sheils and Black are on 7 grand a week..........and i doubt they are the highest earners.

And it goes upto 10 grand a week next year, crazy stuff

[Big Ed]

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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.

Can you give examples of the other expenses, please?

Not trying to be smart: genuinely interested.

[andrew70]

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Can you give examples of the other expenses, please?

Not trying to be smart: genuinely interested.

I am sure I read somewhere that it costs Rangers £1m a month to run Ibrox and Murray Park. Ibrox itself is in need some major renovation works.

[down-the-slope]

Rangers go Mammaries Up....

Reincarnated as The Rangers (Sevco 5088).....

They go mammaries up AGAIN......what will they be called

[Weststandwanab]

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Rangers go Mammaries Up....

Reincarnated as The Rangers (Sevco 5088).....

They go mammaries up AGAIN......what will they be called

Serial failures.

[Eyrie]

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Rangers go Mammaries Up....

Reincarnated as The Rangers (Sevco 5088).....

They go mammaries up AGAIN......what will they be called

The The Rangers (Sevco 1690).

[ballengeich]

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Can you give examples of the other expenses, please?

Not trying to be smart: genuinely interested.

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.

[monktonharp]

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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

[ballengeich]

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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.

[Big Ed]

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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.

Thanks for the considered reply.

It looks like there may be a few awkward questions getting asked now, as it appears that no one else, other than The Huns themselves, can be blamed for this one.

Maybe the press might.......nah, maybe not.

[Ozyhibby]

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Thanks for the considered reply.

It looks like there may be a few awkward questions getting asked now, as it appears that no one else, other than The Huns themselves, can be blamed for this one.

Maybe the press might.......nah, maybe not.

There was nobody to blame but themselves last time. Didn't stop them though and it won't stop them this time either.

[jonty]

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Rangers go Mammaries Up....

Reincarnated as The Rangers (Sevco 5088).....

They go mammaries up AGAIN......what will they be called

Sevco 80085 and Sevco 5138008


Old Skool calculator folk ken whits goan oan.

[stokesmessiah]

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Sevco 80085 and Sevco 5138008


Old Skool calculator folk ken whits goan oan.

5318008 to be more precise

Personally i think they should go with 55378008.

[jonty]

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5318008 to be more precise

Personally i think they should go with 55378008.

that's what I get for going Casio and not Texas.

[JeMeSouviens]

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Rangers go Mammaries Up....

Reincarnated as The Rangers (Sevco 5088).....

They go mammaries up AGAIN......what will they be called

Third Rangers.

[Moulin Yarns]

Does anybody know who will be out of contract at The Rangers in the summer?

Anybody worth trying to get?