Jump to content

 

 

Leaderboard

Popular Content

Showing content with the highest reputation on 10/03/25 in all areas

  1. The share issue is likely to be the tidy up of the balance sheet pre-sale, converting existing investor debt to shares. It'll be done with the knowledge and agreement of the proposed purchasers, and included in the share purchase agreement.
    2 points
  2. This from Scottish coefficient. Following the issue of 18 million new shares by Rangers on 23rd January 2025, Rangers have issued paperwork confirming the issuing of a further tranche of shares in February. The 18 million shares in January were issued at 0.20p per share, meaning the total cost of the shares was £3.6million. Rangers have authorisation after their last AGM to issue a further 27 million new shares before the next AGM. That's pretty much exactly what has now happened. The latest share issue on 26th February was for 26,724,800 shares, which were also issued at 0.20p per share. This means the cost of these shares was £5.34m. This could be the issuing of new shares to a new investor, or perhaps more likely - the conversion of existing debt, by existing shareholders. If the impending takeover by the investment arm of the San Francisco 49ers goes ahead, there will be a price to pay per share that needs to be agreed. If that price is more than 20p per share, then it makes sense for existing shareholders to convert their debt to shares at the rate of 20p per share. If this was the case, then those current investors would then be selling their shares to the takeover party at a higher rate than they paid. The extra 26 million shares takes the existing share capital in Rangers to 532 million shares. There were 487 million shares at the start of December, which has increased to 532 million shares following the two share issues. A 50% buyout of Rangers, even just at 20p per share, would therefore now cost £53 million. At 40p per share, the cost of the takeover jumps to £106millon. That money would all go to the existing shareholders that are selling up. Any further investment in the team or stadium would be completely separate and over and above the buyout figure.
    2 points
  3. The top of this league has been blown wide open with the top 3 separated by 2 points after Leeds lost at Portsmouth. The play offs have 6 teams going for 2 places. Middlesboro and Blackburn hit bad form but Lampard has won 8 out of his 9 games and propelled Coventry into 5th.
    2 points
  4. Seems to happen with frustrating players and there is nothing more frustrating than sitters being missed. But his all round game has never been bad plus the sitter misses have dried up. He is also a likeable guy / player. And the other plus point is his injury record is good.
    2 points
  5. And to think back then both clubs got around half of the stadium none of this no tickets nonsense I remember standing next to the Celtic fans in that old jungle.
    1 point
  6. Those were the days. THE HEROES Ritchie, Shearer, Caldow, Davis, Paterson, Baxter; 🎵Scott, McMillan, Brand and Wilson were the forward line, Led by the fearless Jimmy Millar wearing number nine.🎵 THE OTHERS Fallon, McKay, Kennedy, Crerand, Kurila, Peacock, Conway, Chalmers, Carroll, Divers, Hughes. Scott, Millar, Brand, Wilson and Davis scored for the Famous.
    1 point
  7. Celtic 1.. Rangers 5 1960
    1 point
  8. My first attempts at a pass network from our last two games:
    1 point
  9. Not ideal being out the cup, but I'd imagine our management team would have been happy to have a good long spell of working with the team, and also a chance to recover a draining trip to Turkiye.
    1 point
  10. It has been quite a boring weekend of football, the games down south had nothing about them and no league matches north of the border. But that time off is massive for preparation for a huge 3 days coming up starting on Thursday night where we have a professional job to do to knock Jose out which would be a scalp. Then its over to Parkhead on Sunday where we want to put in a performance there.
    1 point
  11. And thanks to Dessers and company we’ve had a football free weekend whilst other clubs played cup football.
    1 point
  12. He is arguable Arsenal's best natural left back, streets ahead of Zinchenko. Calafiori and Timber are good players but play in multiple positions. It is good business for Celtic but as much as I dont wish players injuries he misses a lot of games so may not feature that much.
    1 point
  13. They brought on Tierney played him like a winger and he created a few chances he’ll be back at Parkhead next season a good bit of business
    1 point
  14. Rangers Journal had a US NBC reporter, Matt Maiocco, on its fancast ...
    1 point
  15. Dessers has won the last four Gersnet MOTM polls unless I am mistaken. The marmite reaction to players and managers at our club is a bit weird imo.
    1 point


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.