Generic Sevco / Rangers meltdown thread

[scoopyboy]

Wasn't it today that Paul Murray was going to announce the new manager?

[Onion]

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As they can out vote him now anyhow, is it not needlessly antagonistic?

King talks about a renegotiating 'holistic' relationship with Sports Direct, then does what he can to p*** MA off. Seems like an amateur.

But King will still expect to tap into the Newcastle subs bench for players to prop up their title bid 😏

[jacomo]

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But King will still expect to tap into the Newcastle subs bench for players to prop up their title bid 😏

He probably will!

[JeMeSouviens]

The jungle lambegs of Hundom seem to suggest they're going for Warburton/Weir.

Warburton's career is unconventional to say the least: crap player turned city trader turned youth coach turned manager. His managerial record consists of taking over an already decent side in league 1 mid-season, not changing much and getting them promoted, then getting them to the Championship play offs while falling out with the chairman and getting the heave-ho. He's never had to build a team from scratch and he's never been anywhere near the sort of profile he'd have at the New Huns. On that basis, seems a better bet (for us) than McCall.

https://en.wikipedia.org/wiki/Mark_Warburton

[Geo_1875]

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The jungle lambegs of Hundom seem to suggest they're going for Warburton/Weir.

Warburton's career is unconventional to say the least: crap player turned city trader turned youth coach turned manager. His managerial record consists of taking over an already decent side in league 1 mid-season, not changing much and getting them promoted, then getting them to the Championship play offs while falling out with the chairman and getting the heave-ho. He's never had to build a team from scratch and he's never been anywhere near the sort of profile he'd have at the New Huns. On that basis, seems a better bet (for us) than McCall.

https://en.wikipedia.org/wiki/Mark_Warburton

It doesn't matter who they get, they've got little or no money to spend.

[tamig]

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It doesn't matter who they get, they've got little or no money to spend.

Aye but DK says if they buy loads of seasons he will lump in loads of cash. Do you not believe him?



😀

[grunt]

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Dave King, [director] Douglas Park and [investors] George Letham and George Taylor, if you count their share purchases, their investment in the business is over £8m. That's not a sum to be dismissed

Errr, did these guys buy new shares, or did they buy them from other shareholders? If its the latter, then the people they bought the shares from will have got the money, not the club? In which case the £8m "invested in the business" didn't all go to the benefit of the business?

Of course, I could be wrong.

[Bostonhibby]

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Wasn't it today that Paul Murray was going to announce the new manager?

How did that go? Is it Carver backed up with the Newcastle treatment room until the season starts?

[jacomo]

I like how the results of the vote won't be announced until Monday. I'm definitely not suggesting any improperiety at all, just an interesting way of doing things.

[CropleyWasGod]

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Errr, did these guys buy new shares, or did they buy them from other shareholders? If its the latter, then the people they bought the shares from will have got the money, not the club? In which case the £8m "invested in the business" didn't all go to the benefit of the business?

Of course, I could be wrong.

Nope. You're right.

[Jim44]

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Aye but DK says if they buy loads of seasons he will lump in loads of cash. Do you not believe him?





I don't think that's what he actually said. He said he wanted the fans to contribute megabucks through STs. If that ended in a shortfall, he would then invest what was needed. Aye,right Dave.

[Liberal Hibby]

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The jungle lambegs of Hundom seem to suggest they're going for Warburton/Weir.

Warburton's career is unconventional to say the least: crap player turned city trader turned youth coach turned manager. His managerial record consists of taking over an already decent side in league 1 mid-season, not changing much and getting them promoted, then getting them to the Championship play offs while falling out with the chairman and getting the heave-ho. He's never had to build a team from scratch and he's never been anywhere near the sort of profile he'd have at the New Huns. On that basis, seems a better bet (for us) than McCall.

https://en.wikipedia.org/wiki/Mark_Warburton

That's one way of looking at it. I suspect many Bees fans might disagree. I think he'd be a good choice and harmful for us. But I suspect he's got better offers in the English lower leagues.

[Bostonhibby]

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That's one way of looking at it. I suspect many Bees fans might disagree. I think he'd be a good choice and harmful for us. But I suspect he's got better offers in the English lower leagues.

They punched above their usual weight last season, played good football - not sure the new boys are the best move for him but he might see the prospect of managing the myth as tempting without really appreciating the toxic nature of the tradition of the institution that stands behind it - certainly not one to go into thinking its just about the football.

[Bostonhibby]

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Nope. You're right.

So its sounds like a bunch of rich(ish) the rangers "men" are passing the shares around amongst themselves, and when the music stops whoevers holding them is the new loss making mug?

If so, since they are all "the rangers men" its got to be better to just put the same cash up in the form of low interest long term loans to help their club like STF has done instead of playing pass the parcel with a turd as they seem to be doing?

[Eyrie]

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That's one way of looking at it. I suspect many Bees fans might disagree. I think he'd be a good choice and harmful for us. But I suspect he's got better offers in the English lower leagues.

From a career point of view Warburton would be better staying in England. Any success at Sevco Huns will be put down to them having a much higher budget than their opponents (especially in the second tier) and failure to achieve everything with that financial backing will damage his reputation.

Personally I'm just hoping that they keep delaying the appointment which will leave the new man with less time to assemble a new squad from an ever shrinking pool of players and even less time to work with them.

[CropleyWasGod]

BDO's latest report. .....

http://www.bdo.co.uk/__data/assets/p...15-WEBSITE.pdf

[BoomtownHibees]

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BDO's latest report. .....

http://www.bdo.co.uk/__data/assets/p...15-WEBSITE.pdf

What does it all mean in simple terms?

[CropleyWasGod]

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What does it all mean in simple terms?

There's no real change from before. The Big Tax Case is ongoing, as is their "correspondence "with Duff and Phelps. Both of those things will have an effect on the eventual dividend to creditors.

2 new things stick out:-

1. They got less than they hoped from the Jelavic deal, as Hull were relegated.

2. There will be an interim dividend shortly of 6/7 pence in the £.

[BoomtownHibees]

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There's no real change from before. The Big Tax Case is ongoing, as is their "correspondence "with Duff and Phelps. Both of those things will have an effect on the eventual dividend to creditors.

2 new things stick out:-

1. They got less than they hoped from the Jelavic deal, as Hull were relegated.

2. There will be an interim dividend shortly of 6/7 pence in the £.

Can any of this affect The Rangers (Sevco) or is it all from the old (liquidated) club?

[CropleyWasGod]

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Can any of this affect The Rangers (Sevco) or is it all from the old (liquidated) club?

It's very unlikely that any of it would affect the current club.

The only remote possibility is if BDO manage to argue that D&P's handling of the administration was so wrong that it should be reversed. However, any financial fall out of that would probably be borne by D&P's insurance.

That is, if they have any

[BoomtownHibees]

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It's very unlikely that any of it would affect the current club.

The only remote possibility is if BDO manage to argue that D&P's handling of the administration was so wrong that it should be reversed. However, any financial fall out of that would probably be borne by D&P's insurance.

That is, if they have any

Ah well. We can hope :)

[Hibs Class]

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It's very unlikely that any of it would affect the current club.

The only remote possibility is if BDO manage to argue that D&P's handling of the administration was so wrong that it should be reversed. However, any financial fall out of that would probably be borne by D&P's insurance.

That is, if they have any

And presumably the reason it doesn't affect the current club is because it is indeed (in this case) a different club.

[Bostonhibby]

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And presumably the reason it doesn't affect the current club is because it is indeed (in this case) a different club.

Be careful I think you might have got away with it......

[Ozyhibby]

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And presumably the reason it doesn't affect the current club is because it is indeed (in this case) a different club.

Nailed it

[Jim44]

While all the discussion/banter/expectation etc. on this thread re. the progress, or lack of it, of Sevco, is very amusing and interesting, only one thing is almost certain ........ they will be a stronger and better managed team next season and we will have our work cut out to deal with them ( no reason why we can't, however ). We shouldn't let the King/Ashley circus divert our attention from this fact.

[BoomtownHibees]

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only one thing is almost certain ........ they will be a stronger and better managed team next season and we will have our work cut out to deal with them

Says who and on what grounds?

[Pretty Boy]

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While all the discussion/banter/expectation etc. on this thread re. the progress, or lack of it, of Sevco, is very amusing and interesting, only one thing is almost certain ........ they will be a stronger and better managed team next season and we will have our work cut out to deal with them ( no reason why we can't, however ). We shouldn't let the King/Ashley circus divert our attention from this fact.

That as may be but we will also be a stronger and better managed team this season and thanks to a relatively settled squad (compared to the hun) and a couple of early additions we already have the edge on them.

[CropleyWasGod]

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And presumably the reason it doesn't affect the current club is because it is indeed (in this case) a different club.

Naw.

It's a different company

[The Falcon]

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Be careful I think you might have got away with it......

Worth resurrecting this little gem

https://www.youtube.com/watch?v=q3il9rf6lPE

[Jim44]

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Says who and on what grounds?

Good question and, no, I can't give you an answer. The reason for my observation is based on best guessing and probability. I make the point because every time I look at the Generic Sevco thread, I start to enjoy the mess they appear to be in, yet I can't forget the 'Jambo demise mega thread', how they were meant to be on the verge of extinction and yet got their act together in time to progress to where they are. I suspect Sevco are capable of the same Houdini act and all I'm saying is that we shouldn't have our heads turned by the hilarity of the in fighting in the west.