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Showing content with the highest reputation on 23/04/20 in all areas

  1. There’s your apostrophe, buster. Put a rope on the little bugger and don’t let it out again ’til you need it. God, there are three of mine rampaging across the screen.
    5 points
  2. The glamour of the EPL, the Spanish gruesome twosome and the three big hitters in Serie A is what they're after. Soggy afternoons in Motherwell and Dingwall hold no global interest, so there's nothing to gain by associating with Scottish football.
    3 points
  3. There's much in what you say. I used to work for a well-known "company doctor". A Helensburgh man, now sadly passed away. He was the sort of guy who would be sent into an ailing company by the administrators or main shareholders to halt the decline a prepare the organisation for sale or recovery. Invariably his first action would be to lock away the cheque books and put a stop on all bank accounts - to immediately stop all cash outflow. Only then would he even think about ongoing operations - and those thoughts would always be about cutting costs and turning assets into cash. Now that's not the situation at Rangers but many of the same broad principles should be employed right now. Rangers has no idea how long they might have to endure having no income, so should be prudently assuming the worst case. Maybe they are already. I just see no sign of it.
    2 points
  4. One day in the future, when we remember Corona, we will all have a good laugh about it, saying: "How mad were those twelve years!"
    2 points
  5. Independent investigation into Scottish Football https://edm.parliament.uk/early-day-motion/56847/independent-investigation-into-scottish-football
    2 points
  6. Saudi´s at Ibrox Instead of Mediahouse, they bring in the Turkish death squad. ?
    1 point
  7. You should restrict it to one player from each country
    1 point
  8. It doesn't matter what actually happens over the next year or so. The point is the board should be hoping for the best and planning for the worst - from what we can see so far it seems they haven't got beyond the first part.
    1 point
  9. Deferrals rather than cuts weren´t an encouraging sign. I´d hope the club at least asked for cuts first, even if the players then refused. We´ve run a structured loss for a number of years and this pandemic has arrived at a point when we were looking to get a lot closer to break even, without soft loans or share issues to keep us going. The last couple of seasons has brought in significant European cash. If we were to lose out on that in 20/21, it would be a big hole to fill. You also have to wonder when we get the UEFA cash for this season regards cashflow.
    1 point
  10. Apologies if this has been covered in another thread but a Newcastle-supporting acquaintance of mine is unsure about the takeover by a Saudi family even though it means the end of the hated Ashley. How would Rangers fans feel if a similar cash-rich Middle-Eastern consortium went for us? Should it be welcomed? Do we want success at any price? My preference is always for Scottish, or at least, British, control. But curious to know what the grassroots feeling is. Secondly, should the Ashley buy-out if it happens increase or decrease the chances of loosening his manacles on us?
    1 point
  11. Obviously I agree with that @Bill. What steps would you take? Also, it's not just our board, it's the government and the CEOs of many firms. They all seem to be taking comfort in the perception that others are not panicking either. This is the time to 'profit' by planning effectively and yet too few actually do this, perhaps hoping it will just go away. This is the behaviour that I've seen plenty of times. Each time we've seen signs of a crisis I've made sure that I (and the large institutions I advise) do well out of it but it amazes me how few people learn from even the most recent events. Bizarre to say the least.
    1 point
  12. The cause of this impact on the economy is certainly new, but there have been 7 instances in the last 60 years which have caused similar impacts. The cause is not important, it's the impact that is, and that can be modelled fairly accurately. Also, your point about second and third waves isn't really that important. The markets don't care if there's a 4th, 5th, or 20th wave. All the markets are interested in is if the government is likely to pursue the lockdown approach. The lockdown is the problem, not the disease (for the markets anyway). At the moment the markets reflect the belief that the government will have to drop this ridiculous approach and take a different approach. However I do agree that there will be further hits on investments if the lockdown is the ongoing preferred route. That will spell disaster. The numbers are completely misleading in terms of deaths. Many people are dying with corona virus but very few die from it. There is very little evidence to suggest this is much different from the corona viruses we've suffered in previous years. As for our club, I'm all for being optimistic, but that means hoping for the best but preparing for the worst. I realise competing with that other lot is always on our minds but I'm hoping desperately that we have a plan B if this lockdown continues. If the government really is committed to this approach, I really can't see how many if any supporters will be attending matches for the next 18 months at least. If our season ticket money is reduced or eliminated, we need to find a way to survive. It would be great not to have to break the emergency glass but let's at least have the action plan ready. That's all I'm saying. I do also agree with you that Celtic have a much bigger problem looming. If we can navigate this smartly we may accelerate how quickly we catch them (and possibly overtake them) financially. I hope we do.
    1 point
  13. Yup, it's the same for the west juniors. https://en.m.wikipedia.org/wiki/West_of_Scotland_Football_League
    1 point
  14. Let's be quite open about this, there is not a remote chance of a 50,000 strong Ibrox crowd watching a Rangers match this calendar year. Until such time as a vaccine can be found, mass-produced, distributed and found to be working, can we take the chance as a country of allowing such mass congregation of spectators to watch a sporting event. The best estimate of this happening is 12-18 months. So there might be football back on tv before then, but not with full house crowds. So as a football club, and a business, that gets most of its annual income from such crowds, then the sooner we cut our costs accordingly, the better the chance we have of survival. There is not one player, coach, manager or administrator that is worth our club going bust for. Our non-staff overheads are also enormous at our club, for ongoing maintenance, insurances, etc, and with nothing coming in, these have to be managed. I have yet to hear that by furloughing a player, that gives them any wriggle room in their contract to leave for free. Obviously if it turns out that this would allow the player to leave for free (i.e. breach of contract), then this wouldn't work, but as far as I am concerned, we should be putting every single non-playing, non-income generating, member of staff on furlough and not topping up their wages, or if we can afford to , top them up to a reasonable level that would allow them to live. As for players, slash all wages until such times as they can undertake their work again. A lot of our players aren't even in the country, but we are continuing to pay them in full (dont give me any tosh about deferrals, that merely adds a debt to be repaid down the line), despite them not being able to go to work or to earn their wages. Furlough them all, take the longer term view and safeguard our future. If it turns out that somehow a vaccine is found sooner, and we dont have this gap in our income for as long as I am predicting, then we an make it up to them and repay the wages they have lost, or at least some of them. But the safety and long-term future of the club has to be our Director's first and only concern at this time. Players will come and players will go, the club has to be kept safe to ensure it is still there for us to enjoy in the decades to come.
    1 point


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