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Everything posted by Bluedell
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Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
No, not a guess, but what was said online at the time, hence the use of the word allegedly. What would a generic statement say? That the search continues? That they're close? They aren't ging to say the latter in case it backfires again, given the last candidate pulled out, and aren't going to say the former as they would be accused of issuing a statement that didn't give any information. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Given the last potential CEO allegedly backed out due to his family getting unwarranted attention, it may be that they've decided to not say anything until the guy is in place. Obviously they could make a holding announcement but that could cause more problems than it solves, depending in the progress that they're making. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Yeah, I haven't heard one sensible alternative. They may have made some bad decisions, but most were made with the best of intentions, and they've continued to fund the club. If people think things are bad now, how much worse would we be if they walked away taking their £20m support with them? -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
The issues weren't under Souness or Smith (either time). The spending under Advocaat was crazy and that's when the problems arose and it was around this time that Murray got creative with tax as well. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
We were well run during NIAR and came out of it with cash in the bank. -
Match Thread [FT] Rangers 1 (Dessers 6') - 0 Hearts
Bluedell replied to Frankie's topic in Rangers Chat
If we're going to move on then we need to ensure King isn't involved. That's just going to set us back. He did great for us, but we can't go back to 2015. -
Match Thread [FT] Rangers 1 (Dessers 6') - 0 Hearts
Bluedell replied to Frankie's topic in Rangers Chat
You're right. It shouldn't be that difficult to get it right off the pitch. We're not a difficult business model to understand. Much of our income is known to an extent at the start of the season and likewise the costs. We need someone who is mentally strong, and perhaps not from the West of Scotland. It really shouldn't be difficult to get a capable chairman and CEO. They are out there. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Makes sense. Better to have a lawyer taking on the company secretarial function where possible, particulalrly when there's a plc involved. -
GPL Predictions Bluebear54's GPL 2024/25: Rangers vs Hearts
Bluedell replied to Rousseau's topic in Rangers Chat
If that 89th minute chance had gone in. 😂 -
I thought Souttar and Balogun played well as did Raskin and Barron but am going for Raskin.
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GPL Predictions Bluebear54's GPL 2024/25: Rangers vs Hearts
Bluedell replied to Rousseau's topic in Rangers Chat
2-0 to Gers Dessers -
GPL Predictions Bluebear54's GPL 2024/25: Olympiakos vs Rangers
Bluedell replied to Rousseau's topic in Rangers Chat
Olympiakos 2 - 1 Rangers FGS Bajrami -
Agreed. Looks much nicer. Shame we couldn't keep that design for next season.
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Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Perhaps to safeguard the voting structure and prevent last minute surprises? Otherwise I can't see the logic. -
Cerny had a stinker of a first half.
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GPL Predictions Bluebear54's GPL 2024/25: Motherwell vs Rangers
Bluedell replied to Rousseau's topic in Rangers Chat
2-1 to Rangers Cerny -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Yeah, was there but can't really remember it too well. Relatively forgettable -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Again I'm the opposite. The only game that comes close to Leipzig for me is winning the league in 99, which was done on their patch and had the added bonus of them humiliating themselves both on and off the park. Maybe the fact that I was there added to it in a way that Helicopter Sunday didn't as I was watching that on the TV. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
These results could be forecast 5 years ago. We need to supplement our income with player sales and aren't doing that regularly enough. Another option is for us to reduce costs significantly which would presumably reduce the playing quality (even further). We seem to be going back to the Murray model of just hoping something (a Patterson, Bassey or Seville) will come along and help us out of a hole. Will the accounts look much different in 12 months time? Any salary savings and additional Euro income would be offset by the additional costs of Hampden and the loss of £5m of one-off income, although we should save the £4m of settlement costs. It'll be an 8 figure loss again And what about the following year? At some point we're going to hit another brick wall, and we'll need to reduce player purchases significantly and reduce the wage bill a lot more than we have already, as the trading model that we were promised has disappeared and the board don't seem to have any answers other than to thankfully continue to support us through loans and funding. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Obviously different fans have different priorities and get different levels of enjoyment. For example the NIAR win at Dundee Utd would feature very highly for many fans, but although I was there, it was something that was expected and it's not a game that would feature highly in my lists of great Rangers moments. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Not for me. I've seen us win the league loads of times, but these nights at Ibrox and to reach a European final are unforgettable. They'll live with me forever. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
The post-55 squad got us to Seville so I don't see that as a mistake. I wouldn't swap the memories from that season for anything. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
Partly due to receiving £3.9m of a covid related business interruption insurance claim and partly due to the sale of part of the Albion () for £1.1m, so £5m that don't relate to that year's trading. -
Rangers International Football Club PLC Annual Report
Bluedell replied to Bluedell's topic in Rangers Chat
A couple of other comments: We are largely reliant on financial support from the directors, and there are £22m of loans outstanding to them at the year end. They can be rightly criticised over a number of issues but they are obviously still highly committed to the club, and I'm not sure where we would be without their ongoing support, for which they deserve to be praised. We have a settlement cost of £3.8 million, which is presumably the cost relating to the Elite/Hummel case. It's so frustrating that we have wasted cash in such things, although perhaps it was factored in to an extent when deciding to switch to Castore. We are now apparently litigation free for the first time in 10 years. Thank f***!- 234 replies
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Rangers International Football Club PLC Annual Report | Rangers Football Club Revenue up from £84m to £88m. Increased loss for the year from £4m loss to £17m loss, mainly due to making a lot less on player sales.