Generic Sevco / Rangers meltdown thread

[Cooshed Kid]

I hope Bennett makes a speedy recovery, too. This possibly shows the peril of getting too close to the club you love, if his problems are in any way stress-related. I gather he has quite a passion for his club and probably he got an awful lot of abuse for failing to overcome the Celtic behemoth even as FSR makes it more and more difficult. We have so many posters who think they could do better than the Gordons in running Hibs but they have little idea how big the toll on their health and sanity can be for those who care too much.

[CentreLine]

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I hope Bennett makes a speedy recovery, too. This possibly shows the peril of getting too close to the club you love, if his problems are in any way stress-related. I gather he has quite a passion for his club and probably he got an awful lot of abuse for failing to overcome the Celtic behemoth even as FSR makes it more and more difficult. We have so many posters who think they could do better than the Gordons in running Hibs but they have little idea how big the toll on their health and sanity can be for those who care too much.

Well said. Some things are more important than football.

[Donegal Hibby]

Funny😂😂…

https://youtu.be/b9VdamYKOzk

[007]

https://www.thescottishsun.co.uk/spo...leckie-europa/


They get away with it in the league, hopefully UEFA throw the book at them.

[Keith_M]

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https://www.thescottishsun.co.uk/spo...leckie-europa/


They get away with it in the league, hopefully UEFA throw the book at them.

'Representatives from the SFA, SPFL, Police Scotland, Football Safety Officers (Scotland) Association and the Scottish government met at Hampden back in the November of 2023 to discuss a coordinated action plan in the wake of a pyrotechnic mass display by Rangers fans at Dens Park which resulted in players being taken back into their dressing rooms.

...Oil tankers which are stuck in the Suez Canal move quicker than they have....'

https://www.heraldscotland.com/sport...-pyro-display/

[Kato]

The Scotsman thinks these displays by LOYAL Rangers fans are BRILLIANT.

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[jacomo]

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I hope Bennett makes a speedy recovery, too. This possibly shows the peril of getting too close to the club you love, if his problems are in any way stress-related. I gather he has quite a passion for his club and probably he got an awful lot of abuse for failing to overcome the Celtic behemoth even as FSR makes it more and more difficult. We have so many posters who think they could do better than the Gordons in running Hibs but they have little idea how big the toll on their health and sanity can be for those who care too much.

I think his stress comes from a previous chairman (the lying king) openly criticising him.

Taking on Celtc is one thing, but taking on enemies within at the same time seems too much.

[CentreLine]

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'Representatives from the SFA, SPFL, Police Scotland, Football Safety Officers (Scotland) Association and the Scottish government met at Hampden back in the November of 2023 to discuss a coordinated action plan in the wake of a pyrotechnic mass display by Rangers fans at Dens Park which resulted in players being taken back into their dressing rooms.

...Oil tankers which are stuck in the Suez Canal move quicker than they have....'

https://www.heraldscotland.com/sport...-pyro-display/

Wow. Was that last year already. I just don’t understand why this has not been given a priority. It stinks on so many safety levels as well as just stinks and sticks in your throat.
I think the time it really struck home was when the smoke alarm went off at Livingston v Rangers and everyone just ignored it. Match should have been stopped and that part of the ground evacuated, surely.

[tamig]

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Wow. Was that last year already. I just don’t understand why this has not been given a priority. It stinks on so many safety levels as well as just stinks and sticks in your throat.
I think the time it really struck home was when the smoke alarm went off at Livingston v Rangers and everyone just ignored it. Match should have been stopped and that part of the ground evacuated, surely.

What always sticks in my throat is the outlandish aftermath of our Cup win in 2016. How much cash did Police Scotland waste on hunting down the pitch invaders? It was an obscene waste of public money. And these erses get away with this pyro nonsense all over the country.

[HoboHarry]

John Gilligan will take tough decisions? Aye sure he will, pretty sure that when Graham Spiers got banned from Ibrox, Gilligan told him that he liked hearing the Billy Boys and that it added to the atmosphere. He's as full of s***e as the rest of them.

[Kato]

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What always sticks in my throat is the outlandish aftermath of our Cup win in 2016. How much cash did Police Scotland waste on hunting down the pitch invaders? It was an obscene waste of public money. And these erses get away with this pyro nonsense all over the country.

It's almost like there's one rule for them and another for us.

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[JimBHibees]

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https://www.thescottishsun.co.uk/spo...leckie-europa/


They get away with it in the league, hopefully UEFA throw the book at them.

McCoist on the commentary came out with the line is that smoke coming from outside the ground as the camera panned to the lit pyros in the crowd. More faces than the town clock that boy.

[CentreLine]

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McCoist on the commentary came out with the line is that smoke coming from outside the ground as the camera panned to the lit pyros in the crowd. More faces than the town clock that boy.

No! Surely not. But then some people extraordinary at making up excuses before they’re even asked for them.

[Pete70]

Reports this morning of a hefty fine from UEFA heading their way and possibly partial stadium closure for a future game.

[Bostonhibby]

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Reports this morning of a hefty fine from UEFA heading their way and possibly partial stadium closure for a future game.

Surely the hun defence will be they thought it was okay because the Scottish football authorities never do anything about it and at least one Scottish media outlet thinks it's a great display of loyalty?

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[CentreLine]

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Surely the hun defence will be they thought it was okay because the Scottish football authorities never do anything about it and at least one Scottish media outlet thinks it's a great display of loyalty?

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Nah! The smoke was coming from outside the ground. They’ll be let off 🤔

[NeilT]

RFC 2012 P.L.C. ( previously RANGERS FOOTBALL CLUB P.L.C. )

Incorporated on 27 May 1899

Dissolved following liquidation on 17 October 2024

[snedzuk]

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RFC 2012 P.L.C. ( previously RANGERS FOOTBALL CLUB P.L.C. )

Incorporated on 27 May 1899

Dissolved following liquidation on 17 October 2024

If this company has any assets, liquidating it before the budget is probably a no brainer due to the noise around capital gains hikes. Does anyone benefit from the liquidation.

[supershotmo]

So officially the new Rangers now.

[Lendo]

https://x.com/BabaGol_/status/1849287868440625520

Drink driving Morelos has hit a motorcyclist and left them in a critical condition. One of the worst human-beings to have ever graced Scottish football.

[weecounty hibby]

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https://x.com/BabaGol_/status/1849287868440625520

Drink driving Morelos has hit a motorcyclist and left them in a critical condition. One of the worst human-beings to have ever graced Scottish football.

If ever there was a player and a club that was a perfect match it was him and the hun

[Lendo]

Reading that the drink drive limit in Colombia is 2.5 times that of Scotland and he was 2 times over that limit. The boy must have been fair gone.

[CentreLine]

Tragic for the victim, victim’s loved ones and also for those around Morelos that have to pick up the pieces.

[007]

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https://x.com/BabaGol_/status/1849287868440625520

Drink driving Morelos has hit a motorcyclist and left them in a critical condition. One of the worst human-beings to have ever graced Scottish football.

CCTV footage of it on Twitter (Zach Lowy). Morelos is all over the place, clipping a truck and possibly another motorbike before the head on collision but it actually seems like the guy on the motorbike was on the wrong side of road. Not that I'm excusing Morelos, he could well get a jail sentence which would be deserved.

[JohnM1875]

Annual results posted, from the DR;

"Rangers have announced an operating loss of £17.2million in the past financial year.

The Ibrox club released the annual report and accompanying financial statement for the year ended 30 June 2023 which is in stark contrast to last year’s. Twelve months ago the club posted a slim operating profit of £252,000 but it’s a sorrier sight now with cash being haemorrhaged.

The figures do show record core revenue is up by £5m to £88.3m. But total operating expenses – or costs – remain high at £110m. Staff costs account for £61m, down by £3m on last year. The outlay of their short term Hampden tenancy was also listed with Rangers writing the Scottish Football Association a cheque for £67,000.

The Ibrox club counted the cost of Michael Beale's summer spending spree last season as well as paying off the Englishman who was replaced by Philippe Clement. The club missed out on the Champions League last season, losing to PSV Eindhoven in the qualifiers but reached the last-16 of the Europa League where they lost to Benfica.

The Light Blues lifted the League Cup but blew two more trophy chances as they surrendered their advantage over Celtic in the Scottish Premiership run-in and lost the Scottish Cup final to their fierce rivals.


Crucially, the club say they are "free of any litigation claims for first time in over a decade following settlements" and interim chairman John Gilligan said: “Undoubtedly, it has been a challenging period for the football club with significant change occurring both on and off the park throughout both season 2023/24 and over the summer months.

"As part of these changes John Bennett stepped away from his role as Chairman in order to focus on his health. John remains a supportive shareholder and investor in the club and I’d like to place on record my thanks for his leadership both as Chairman and a Director over the past nine years. We look forward to welcoming you back to Ibrox.


“In addition, we have had a number of changes in senior leadership positions with the CEO, James Bisgrove, departing to join Al-Qadsiah in the Saudi Premier League and Creag Robertson recently departing as our Director of Football Operations. We wish both James and Creag all the best in their future careers and thank them for their efforts with the football club.

“Whilst we continue our search for the outstanding candidate for the CEO position, we retain a strong executive team within the football club led by our Chief Financial Officer, James Taylor, Chief Commercial Officer, Karim Virani and our Director of Football Recruitment, Nils Koppen. All three were recruited in the period under review, and, as you can see from our underlying performance, there have been significant steps made in a short period of time in delivering against our strategic objectives.


“The challenges encountered with the redevelopment of the Copland Road stand have been well documented, and as a Board we once again apologise to our supporters for the inconvenience caused by the delays in returning to our home. The support received at Hampden was outstanding and epitomises the link that our great club has with our supporters. I’d also like to once again place on record my thanks to the SFA, SPFL and UEFA for their understanding and support through this period.


“With the Copland Road stand now complete, we are extremely proud of the work undertaken to upgrade and improve the facilities for our disabled supporters. They truly are now some of the best facilities in Europe and are evidence of the Board’s commitment to continue to modernise and improve Ibrox and the wider campus.”

£17 million quid!

[Bostonhibby]

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Annual results posted, from the DR;

"Rangers have announced an operating loss of £17.2million in the past financial year.

The Ibrox club released the annual report and accompanying financial statement for the year ended 30 June 2023 which is in stark contrast to last year’s. Twelve months ago the club posted a slim operating profit of £252,000 but it’s a sorrier sight now with cash being haemorrhaged.

The figures do show record core revenue is up by £5m to £88.3m. But total operating expenses – or costs – remain high at £110m. Staff costs account for £61m, down by £3m on last year. The outlay of their short term Hampden tenancy was also listed with Rangers writing the Scottish Football Association a cheque for £67,000.

The Ibrox club counted the cost of Michael Beale's summer spending spree last season as well as paying off the Englishman who was replaced by Philippe Clement. The club missed out on the Champions League last season, losing to PSV Eindhoven in the qualifiers but reached the last-16 of the Europa League where they lost to Benfica.

The Light Blues lifted the League Cup but blew two more trophy chances as they surrendered their advantage over Celtic in the Scottish Premiership run-in and lost the Scottish Cup final to their fierce rivals.


Crucially, the club say they are "free of any litigation claims for first time in over a decade following settlements" and interim chairman John Gilligan said: “Undoubtedly, it has been a challenging period for the football club with significant change occurring both on and off the park throughout both season 2023/24 and over the summer months.

"As part of these changes John Bennett stepped away from his role as Chairman in order to focus on his health. John remains a supportive shareholder and investor in the club and I’d like to place on record my thanks for his leadership both as Chairman and a Director over the past nine years. We look forward to welcoming you back to Ibrox.


“In addition, we have had a number of changes in senior leadership positions with the CEO, James Bisgrove, departing to join Al-Qadsiah in the Saudi Premier League and Creag Robertson recently departing as our Director of Football Operations. We wish both James and Creag all the best in their future careers and thank them for their efforts with the football club.

“Whilst we continue our search for the outstanding candidate for the CEO position, we retain a strong executive team within the football club led by our Chief Financial Officer, James Taylor, Chief Commercial Officer, Karim Virani and our Director of Football Recruitment, Nils Koppen. All three were recruited in the period under review, and, as you can see from our underlying performance, there have been significant steps made in a short period of time in delivering against our strategic objectives.


“The challenges encountered with the redevelopment of the Copland Road stand have been well documented, and as a Board we once again apologise to our supporters for the inconvenience caused by the delays in returning to our home. The support received at Hampden was outstanding and epitomises the link that our great club has with our supporters. I’d also like to once again place on record my thanks to the SFA, SPFL and UEFA for their understanding and support through this period.


“With the Copland Road stand now complete, we are extremely proud of the work undertaken to upgrade and improve the facilities for our disabled supporters. They truly are now some of the best facilities in Europe and are evidence of the Board’s commitment to continue to modernise and improve Ibrox and the wider campus.”

£17 million quid!

I find myself wondering how early in their journey to extinction the now defunct Glasgow rangers achieved a £17m loss?

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[Springbank]

One assumes a good chunk of the £17m arose from lost causes in court settlements

[HoboHarry]

Some of the best facilities in Europe says John Gilligan whilst the BBC are claiming it stinks to high heaven - "Rangers' Ibrox Stadium has been rated the worst-smelling stadium in the Scottish Premiership after it topped the charts for the highest number of odour-related complaints from visitors on TripAdvisor, more than double Celtic Park in second place" .

To be fair, any stadium starting with tens of thousands of Sevco fans in it is bound to reek a bit.....

[HoboHarry]

So what is their total current debt accumulated over the 12 years they've been in existence? Need CWG here to give some detail...

[JohnM1875]

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So what is their total current debt accumulated over the 12 years they've been in existence? Need CWG here to give some detail...

Apparently;

'The Rangers' losses by the season:


2012-13 - £14m
2013-14 - £8.1m
2014-15 - £7.5m
2015-16 - £3.3m
2016-17 - £6.7m
2017-18 - £14.3m
2018-19 - £11.3m
2019-20 - £15.9m
2020-21 - £23.5m
2021-22 - £0.9m
2022-23 - £4.14m
2023-24 - £17.17m'

So £126.81 million. Absolutely insane for a 12 year old club.