Generic Sevco / Rangers meltdown thread

[grunt]

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A general question.

Can there be a share issue when the company isn't listed on a stock exchange?

And. What is the status of shares when they're not listed?

That's two questions.

1. Yes.
2. They are unlisted.

(sorry, couldn't resist) Here's an article http://www.moneywise.co.uk/investing...sted-companies

[Off the bar]

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A general question.

Can there be a share issue when the company isn't listed on a stock exchange?

And. What is the status of shares when they're not listed?

From my limited understanding they can issue the shares but it will be very difficult for people who 'invest' to then sell them on. A bit like hearts 'share' issue except in this case you might get a certificate.

[jacomo]

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From my limited understanding they can issue the shares but it will be very difficult for people who 'invest' to then sell them on. A bit like hearts 'share' issue except in this case you might get a certificate.

Hibs aren't listed either and we have a share issue right now.

[GreenLake]

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So The Rangers fan sites are now trying to urge fans not to buy strips and merchandise as only a tiny portion of the retail goes back to the club allegedly.......

The Rangers fans are now fragmented into those that don't trust their new Board, and those that think Ashley is harming them, those that want to back King..........Disunity United

King has stated at a press conference that they need volume season ticket sales ideally and has not given any inkling as to what he and his new Board will invest into the playing side of the club.....

The Rangers have no manager and have released 11 playing staff this week.......McCall now being heavily backed into second favourite

Pre-season starts in around 2/3 weeks...............

The Rangers are apparently going to 'invest' this phantom money to not only win our league but challenge Celtic next season as part of a 3 year plan..........



......just wait until their screaming bairns come out with 'oi Da, I want the new Rangers strip fir ma birthday/Christmas/to annoy ma Celtic mates at school'

I quite like Mike Ashley

They will also have the bill to send several of their remaining players to assisted living homes for the summer.

[Off the bar]

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Hibs aren't listed either and we have a share issue right now.

Fair point but in the same way it's an emotional investment rather than a 'make money' financial one. And I may be wrong but I think selling them is more difficult as you're not selling through a market like AIM.

[jacomo]

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Fair point but in the same way it's an emotional investment rather than a 'make money' financial one. And I may be wrong but I think selling them is more difficult as you're not selling through a market like AIM.

I'm not saying their delisting will make things any easier - just that it's possible!

[CropleyWasGod]

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From my limited understanding they can issue the shares but it will be very difficult for people who 'invest' to then sell them on. A bit like hearts 'share' issue except in this case you might get a certificate.

It's the transferability, or rather the lack of it, that is the problem. That makes them less attractive to buy, and hence would have to be pitched at a much lower price than they might have, had they still been on the AIM.

[Off the bar]

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I'm not saying their delisting will make things any easier - just that it's possible!

I guess the big difference for the hun is that they've already had a push to sell shares as an investment and chuckie Green had reasonable success with them, now the only people who would buy shares in them are fans, and those fans have already been shaken down several times.

[jacomo]

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I guess the big difference for the hun is that they've already had a push to sell shares as an investment and chuckie Green had reasonable success with them, now the only people who would buy shares in them are fans, and those fans have already been shaken down several times.

Maybe it's time to call Brian Kennedy!

[Andy74]

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A general question.

Can there be a share issue when the company isn't listed on a stock exchange?

And. What is the status of shares when they're not listed?

Public companies can offer shares to the public, listed or not, private companies cannot.

[Seveno]

I understand that they have taken an idea from FIFA and are to commission a movie based on the life of Ibrox legend, Lee McCulloch. The soundtrack is to be provided free of charge by the band, Elbow.

[CropleyWasGod]

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I understand that they have taken an idea from FIFA and are to commission a movie based on the life of Ibrox legend, Lee McCulloch. The soundtrack is to be provided free of charge by the band, Elbow.

......as Lee slides into yet another late tackle, the referee reaches for his yellow card. Rolling his eyes, he brandishes the card and breaks into Elbow's latest smash hit....

What Time Do You Call This?

[Seveno]

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......as Lee slides into yet another late tackle, the referee reaches for his yellow card. Rolling his eyes, he brandishes the card and breaks into Elbow's latest smash hit....

What Time Do You Call This?

Well I doubt it will be 'An audience with the Pope' .

[Ozyhibby]

Cathro resigned at Valencia

[anon1875]

I honestly ****ing hate rangers so much, hopefully King ****s them over and they go bust again. Did anyone hear about that orange fest in Glasgow last week?

http://www.dailyrecord.co.uk/news/sc...orange-5834627

[JeMeSouviens]

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Cathro resigned at Valencia

Wow, 28 year old that's never been a manager in his own right. Gamble!

[ancient hibee]

Cathro would be a disaster.

[CallumLaidlaw]

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Cathro would be a disaster.

For us or for them?

Obviously a very talented coach. Question would be if it was too high pressured a job at 28

[ancient hibee]

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For us or for them?

Obviously a very talented coach. Question would be if it was too high pressured a job at 28

For them.How is he obviously a very talented coach-I know this is often said but I see nothing to justify it.

[vincipernoi]

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I honestly ****ing hate rangers so much, hopefully King ****s them over and they go bust again. Did anyone hear about that orange fest in Glasgow last week?

http://www.dailyrecord.co.uk/news/sc...orange-5834627

that's a particularly gormless Kenny McDowell look-alike next to the biddy in the white parka on her phone

[CallumLaidlaw]

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For them.How is he obviously a very talented coach-I know this is often said but I see nothing to justify it.

What evidence would you be looking for?
The fact that a manager chose to take him to Valencia with him as his assistant at 28 speaks volumes to me

[andrew70]

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What evidence would you be looking for?
The fact that a manager chose to take him to Valencia with him as his assistant at 28 speaks volumes to me

He's a cracking coach, his story is fantastic and he will do well. I don't think he'll end up at Rangers but if he does it's definitely bad news for us.

I don't think he's daft enough to go to Ibrox.

[CapitalGreen]

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What evidence would you be looking for?
The fact that a manager chose to take him to Valencia with him as his assistant at 28 speaks volumes to me

Colin Calderwood

[Ozyhibby]

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He's a cracking coach, his story is fantastic and he will do well. I don't think he'll end up at Rangers but if he does it's definitely bad news for us.

I don't think he's daft enough to go to Ibrox.

The new Rangers job is a bad job for anybody just now. He would be mad to take it.

[brog]

Doesn't sound as though Cathro is going to Newco. Apparently left for family reasons, departure was agreed some time ago & is not currently considering any offers. Good! Far too imaginative an appointment for the Neanderthals!

[Ryan69]

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He's a cracking coach, his story is fantastic and he will do well. I don't think he'll end up at Rangers but if he does it's definitely bad news for us.

I don't think he's daft enough to go to Ibrox.

In the footballing world anywhere....its very impressive!

Get involved in that mob and he blows it!

He is not that stupid!

[andrew70]

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The new Rangers job is a bad job for anybody just now. He would be mad to take it.

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In the footballing world anywhere....its very impressive!

Get involved in that mob and he blows it!

He is not that stupid!

I agree I don't think he's daft enough to go. He's a clever and intelligent young man who has done very well for himself. He will know that the job at Ibrox is a poisoned chalice.

Not worth gambling his whole career on it.

[CallumLaidlaw]

And Warburton has now been installed as favourite for Sheffield Wednesday.

Wonder what mcoist is up to? 🌲🌹🌲🌹🌱

[Greenblood70]

At this rate I can see sevco doing a 'Blackpool' next season.

**crosses fingers**

[Jack]

The turmoil at Sports Ibrox Direct is known throughout the world, there was even a swipe at them in the New York Times or similar the other week.

ANYONE would be daft to take any job there in those circumstances alone never mind all the other crap that goes with the club.