Generic Sevco / Rangers meltdown thread

[jacomo]

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There has been the usual media circus at Ibrox with the unveiling of Warburton and Weir, but what happened to the vote from the EGM on Friday. No mention, nothing, not a sausage!!

Did Mike Ashley just turn up and get his money back?

Where is the media in all this?

DR website has something like 8 stories on Warburton, very little else. Goebbels would approve.

[Jack Hackett]

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DR website has something like 8 stories on Warburton, very little else. Goebbels would approve.

Didn't someone post that the results of Fridays egm would be released today? The old 9/11 strategy of 'A good day to bury bad news' immediately springs to mind

Edit:.....In fact I believe it was you

[Ozyhibby]

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Didn't someone post that the results of Fridays egm would be released today? The old 9/11 strategy of 'A good day to bury bad news' immediately springs to mind

Edit:.....In fact I believe it was you

There is no good or bad news about Friday's vote. I think it's just a process Ashley is going through before demanding his money back.

[brog]

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7 years of mismanagement under Petrie and crowds are 1/3 lower.

Alternatively, you can look at our last home game against Killie before Petrie took over when we had under 9,000 on Boxing Day & argue that in 10 years Petrie increased our gates by well over 50%! I'm no RP fan but it does get a bit wearisome to see posts like this.

[jacomo]

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Didn't someone post that the results of Fridays egm would be released today? The old 9/11 strategy of 'A good day to bury bad news' immediately springs to mind

Edit:.....In fact I believe it was you

Yes it was me! They definitely reported that results would be out today.

I predict an official 99% in favour of the King... despite Ashley alone having 9%...

[NorthNorfolkHFC]

I see they are keen on Danny Wilson. From the sun twitter


"A friend of mine once said he liked his women like his parmesan: strong smelling and shaved"

[Brightside]

If Wilson is how high they are aiming we have nothing to worry about. bang average. and will still want close to 10k a week

[NorthNorfolkHFC]

It said in the sun he's to be their first 'marquee' signing.

They can throw all the money want at it, they are not prepared for the upcoming season and last season was evidence of preparation being key when you look at hearts.


"A friend of mine once said he liked his women like his parmesan: strong smelling and shaved"

[Nutmegged]

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I see they are keen on Danny Wilson. From the sun twitter


"A friend of mine once said he liked his women like his parmesan: strong smelling and shaved"

AgentScotland reported it yesterday morning...thought it was a lot of guff but everyone is running with it now

[emerald green]

Whoever the Ayebrokes club sign, you can be certain they will be better than the gash deadwood they are getting rid off.

They will be better and stronger than they were last season. They surely would not be worse? That's just naive to think that.

How long it takes for them to gell as a team will be a crucial factor as to who wins the Championship. IMHO.

[ScottB]

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Whoever the Ayebrokes club sign, you can be certain they will be better than the gash deadwood they are getting rid off.

They will be better and stronger than they were last season. They surely would not be worse? That's just naive to think that.

How long it takes for them to gell as a team will be a crucial factor as to who wins the Championship. IMHO.

Plus let's not forget our two defeats to said deadwood once they had a competent manager in charge of them.

Unless things really kick off away from the pitch for them, beating Rangers to the title will be a monumental task, and as things stand, I don't think we are looking fantastically well prepared, or markedly stronger than last season.

[bingo70]

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Plus let's not forget our two defeats to said deadwood once they had a competent manager in charge of them.

Unless things really kick off away from the pitch for them, beating Rangers to the title will be a monumental task, and as things stand, I don't think we are looking fantastically well prepared, or markedly stronger than last season.

Agreed, although I'm not concerned how strong we look now.

I think for us to go up automatically we'll need to do something similar to what hearts did last season.

[green day]

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as things stand, I don't think we are looking fantastically well prepared, or markedly stronger than last season.

Really? You don't like what we have signed so far?

Not having a pop, but don't you think we have done good business so far?

Clearly we need keepers, but I imagine that's in hand.

[Jack Hackett]

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Plus let's not forget our two defeats to said deadwood once they had a competent manager in charge of them.

Unless things really kick off away from the pitch for them, beating Rangers to the title will be a monumental task, and as things stand, I don't think we are looking fantastically well prepared, or markedly stronger than last season.

I'm of the opinion that it wasn't so much the competent manager as the arrival of Vuckic which was their biggest improvement. As for looking fantastically well prepared, or stronger than last season, especially compared to this time last year, we are at a whole different level, with a settled team and a happier support...in the main

[ScottB]

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Really? You don't like what we have signed so far?

Not having a pop, but don't you think we have done good business so far?

Clearly we need keepers, but I imagine that's in hand.

It's a start, but we need a lot more than the 2 new boys we've added, folk talking like we have such an advantage over them, but we still need to add first team players, starters at that and not just keepers if we are going to win the title.

Last year, yeah, we came second, but Rangers could well be a whole different proposition, beating them to the title would arguably be Hibs greatest achievement in decades, let's not right off Rangers because they were a joke at times last year, basically!

[ScottB]

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I'm of the opinion that it wasn't so much the competent manager as the arrival of Vuckic which was their biggest improvement. As for looking fantastically well prepared, or stronger than last season, especially compared to this time last year, we are at a whole different level, with a settled team and a happier support...in the main

Yes indeed, but I don't think we are much stronger than the side that ended the season yet, and we need to be, we need a side that can come out the blocks like Hearts did, aim to beat every team etc.

[tamig]

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It's a start, but we need a lot more than the 2 new boys we've added, folk talking like we have such an advantage over them, but we still need to add first team players, starters at that and not just keepers if we are going to win the title.

Last year, yeah, we came second, but Rangers could well be a whole different proposition, beating them to the title would arguably be Hibs greatest achievement in decades, let's not right off Rangers because they were a joke at times last year, basically!

The hun have released a team full of players. They are in a similar position to what we were in 12 months ago. We are well ahead of them and Warburton will have his work cut out to get a team settled for the start of the new season.

[ScottB]

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The hun have released a team full of players. They are in a similar position to what we were in 12 months ago. We are well ahead of them and Warburton will have his work cut out to get a team settled for the start of the new season.

And despite their mess, they'll break out the chequebook. How that goes for them remains to be seen, but I'd say they were the favourites.

[Waxy]

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And despite their mess, they'll break out the chequebook. How that goes for them remains to be seen, but I'd say they were the favourites.

Your a right bundle of joy.

[Jack]

Would those who think they are going to be better and stronger please say where sevco and the glib and shameless liar are going to get the money from to achieve this?

Not getting promotion shot a bolt through what masqueraded as a business plan the Lying King had, if those nameless backers ever existed.

They're in hock to the previous management teams; there's still players on their books milking them of 10s of thousands a week between them; ibrox is falling down. And then there's the Ashley with more aces up his sleeve than there are cards in a deck.

They've no 'normal' income from any of the 'normal' channels a football club could expect from catering to advertising to merchandising (this could actually cost them), and virtually every other avenue.

The half support that backed their club last season look like boycotting this season!

Their backers, led by the fraudster, have shelled out pennies to pervious shareholders and none of the rest has been given, just loaned to the club to keep it afloat, it's gone now. None of it would bolster the playing staff.

None of this is a secret. So where do you guys think they are going to get the money from?

They have basically been struck off the stock market for being untrustworthy. No bank is going to give them a penny credit, none of their Championship backers have the cash to throw around and the others have fled, as I said previously, if they ever existed. The South African judge, at the same time as the glib and shameless, said nothing the Lying King said should be taken at face value unless backed up with documentary evidence.

The SPFL should be demanding a public statement guaranteeing that they can see out the season and privately documentary evidence to support that statement.

[Jack Hackett]

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And despite their mess, they'll break out the chequebook. How that goes for them remains to be seen, but I'd say they were the favourites.

Throwing money at a problem doesn't necessarily solve it, especially immediately. Warburton has a lot of building to do, and not a lot of time to do it in. Hibs can do enough, just like the jammy dodgers last season, to have them play catch up while they try to get their s**t together. With the team as it stands now, I think we are better than hertz were at the start of last season. We were certainly better than them at the end of it.

[Jack Hackett]

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Would those who think they are going to be better and stronger please say where sevco and the glib and shameless liar are going to get the money from to achieve this?

Not getting promotion shot a bolt through what masqueraded as a business plan the Lying King had, if those nameless backers ever existed.

They're in hock to the previous management teams; there's still players on their books milking them of 10s of thousands a week between them; ibrox is falling down. And then there's the Ashley with more aces up his sleeve than there are cards in a deck.

They've no 'normal' income from any of the 'normal' channels a football club could expect from catering to advertising to merchandising (this could actually cost them), and virtually every other avenue.

The half support that backed their club last season look like boycotting this season!

Their backers, led by the fraudster, have shelled out pennies to pervious shareholders and none of the rest has been given, just loaned to the club to keep it afloat, it's gone now. None of it would bolster the playing staff.

None of this is a secret. So where do you guys think they are going to get the money from?

They have basically been struck off the stock market for being untrustworthy. No bank is going to give them a penny credit, none of their Championship backers have the cash to throw around and the others have fled, as I said previously, if they ever existed. The South African judge, at the same time as the glib and shameless, said nothing the Lying King said should be taken at face value unless backed up with documentary evidence.

The SPFL should be demanding a public statement guaranteeing that they can see out the season and privately documentary evidence to support that statement.

Well said Jack

[Bostonhibby]

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Would those who think they are going to be better and stronger please say where sevco and the glib and shameless liar are going to get the money from to achieve this?

Not getting promotion shot a bolt through what masqueraded as a business plan the Lying King had, if those nameless backers ever existed.

They're in hock to the previous management teams; there's still players on their books milking them of 10s of thousands a week between them; ibrox is falling down. And then there's the Ashley with more aces up his sleeve than there are cards in a deck.

They've no 'normal' income from any of the 'normal' channels a football club could expect from catering to advertising to merchandising (this could actually cost them), and virtually every other avenue.

The half support that backed their club last season look like boycotting this season!

Their backers, led by the fraudster, have shelled out pennies to pervious shareholders and none of the rest has been given, just loaned to the club to keep it afloat, it's gone now. None of it would bolster the playing staff.

None of this is a secret. So where do you guys think they are going to get the money from?

They have basically been struck off the stock market for being untrustworthy. No bank is going to give them a penny credit, none of their Championship backers have the cash to throw around and the others have fled, as I said previously, if they ever existed. The South African judge, at the same time as the glib and shameless, said nothing the Lying King said should be taken at face value unless backed up with documentary evidence.

The SPFL should be demanding a public statement guaranteeing that they can see out the season and privately documentary evidence to support that statement.

This is an accurate assessment of the standing of their finances - the cash outs are considerably bigger than the cash ins, and unless King produces new money from outside their existing sources they have not got many great options - soak the fans with a new share issue?, borrow at high rates to reflect the risk that they are given their stock market situation and no obvious nomad previously willing to touch them? Mystery backers are likely to remain even more mysterious now given that the costs associated with messing Ashley about will be more than just the debt.


The reason they are pleading with der hun to buy season tickets is this is effectively the only sizeable cash flow that might just take care of the current mess with a bit left over - new money from dodgy dave is as rare as a payment by the now defunct Glasgow rangers to their majestys' tax collector.

Mind you, it's tilting at windmills to expect the SPFL to do anything except cross their fingers and hope the latest fit and proper person doesn't go pop along with the clubs finances again as they really haven't got the balls to front the rangers or the "rangers men" who continue to do what they like.

[Ozyhibby]

Anyone who thinks that Rangers will spend big must believe that King is about to get out his personal cheque book because that is the only source of finance available to them.
Personally I have my doubts that he has the cash.

[PatHead]

Was speaking to a neighbour who follows The Rangers on the Kelso bus. He says a few seasons ago they filled a bus easily. Now the bus is half empty or they take a smaller bus depending on who they are playing. He doesn't believe the appointment of Warburton will fill the bus or sell season tickets. Feels it may be a good appointment but nothing exciting as it will take time to sort "the mess"

[jacomo]

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Anyone who thinks that Rangers will spend big must believe that King is about to get out his personal cheque book because that is the only source of finance available to them.
Personally I have my doubts that he has the cash.

Maybe he really is thinking about administration? Wipe the debt, renegotiate contracts and all income from then on is his.

His big problem is still Ashley, a powerful and remorseless foe.

[portycabbage]

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Maybe he really is thinking about administration? Wipe the debt, renegotiate contracts and all income from then on is his.

His big problem is still Ashley, a powerful and remorseless foe.

I think Ashley has security over much of the assets in an admin - and they'd get 25 points deducted this season, and 15 points the next season as well (under recent changes to the rules).

[DH1875]

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His big problem is still Ashley, a powerful and remorseless foe.

We should get him to loan us Vuckic for next season :)

[AndyM_1875]

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Maybe he really is thinking about administration? Wipe the debt, renegotiate contracts and all income from then on is his.

His big problem is still Ashley, a powerful and remorseless foe.

The debt is the 5m to Ashley plus the dreadful retail contracts so I can't see Ashley pulling the rug for Admin2 as he holds the cards.

Warburton will be scrabbling about the Bosman market and use loan signings. There is no "war chest" and talk of them spending 500k here or £1m there is nonsense.
Rangers couldn't afford to spend 500k to get Derek McInnes so there's no way they'll be paying transfer fees.

[Ozyhibby]

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The debt is the 5m to Ashley plus the dreadful retail contracts so I can't see Ashley pulling the rug for Admin2 as he holds the cards.

Warburton will be scrabbling about the Bosman market and use loan signings. There is no "war chest" and talk of them spending 500k here or £1m there is nonsense.
Rangers couldn't afford to spend 500k to get Derek McInnes so there's no way they'll be paying transfer fees.

Ashley holds security over everything except Ibrox. He can force admin 2 and still be in total control at the end of the process.