BEARGER
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Posts
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Everything posted by BEARGER
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Borrowed from FF.
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What are you meaning? The Ibrox 1972 ST scheme does not take deposits from anyone. You pledge to buy a ST if the club give security of Ibrox etc. to Ibrox 1972, if that happens Ibrox1972 hand over details of all those pledged to them. Ibrox 1972 does not collect any money under any circumstance. If no deal is done by season start you make up your own mind about renewing.
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Club now willing to except 4 cash payments for ST. Desperation ? Should have said May, June, July & August.
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Jeez oh! So it's ok to have a 100% bonus with no written objectives for achieving it? -
I have signed up with the ST trust scheme as I believe its another way of applying pressure on the board and hopefully safeguards Ibrox etc. at least in the short term. My own personal option would have been a campaign to drive all the shysters from our club, but only the DK/UOF plan is available at this time. I do not know anybody who has renewed. I agree that most are waiting to see what happens over the next few months, that in itself is a problem for the club and us. These ST holders could be lost for a long time, that's why I would encourage all to sign up to the ST trust scheme. If a deal is done you get a ST if not no money is taken from your account and you make up your own mind about renewing. Under 4000 renewals is shocking at this time from the directors viewpoint but it does show the strength of feeling from the majority of fans.
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Smart arse, can find the newspaper reports but not the actual agreement. Old age does not come alone.
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Well done Sherlock. :)If I knew you had been looking for the documents I would not have wasted the last 20 minutes doing the same:cheers:
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Yes that is my understanding of the agreement details. I suppose Letham could give a wee bit of leeway. One thing I did not include is the VAT payments, this would need more renewals to get to £1.5M Just spotted D T post !!
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I used the £400 average ST cost as guide. Some seem to think that figure is too high, if it is then the number of renewals is even lower. At £350 requires 4286 renewals and £300 requires 5000 renewals. The loan agreement is very specific, the money has to be paid back on the first business day after ST renewals reach £1.5 M. The idea that they club in fact did not need the loans and may only require a minimum amount is just plain stupid. Or are people saying that the original loan from Laxey was a con to give them some more of our cash as interest payments?
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Unless there is an announcement tomorrow looks like the boards appeals have fallen on deaf ears. The agreement Sandy Easdale and George Letham have for the their loans - 1.5million - stipulates that the loan will be repaid from season ticket income on the first business day in which the club has 1.5million in the bank from season ticket sales. At roughly £400 a book that would require about 3,000 or 4,000 sales. As of yet there has been no announcement to the Stock Exchange or the Registers Of Scotland releasing the securities that Easdale and Letham have over Edmiston House or the Albion car park. Therefore, I think we can conclude renewals are well under the 5,000 mark.
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http://www.rangers.co.uk/news/headlines/item/6943-new-founders-date-added
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Certainly would, great day out. All fans should do this tour IMO.
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Due to overwhelming demand we're delighted to announce an additional Tour on Saturday 14th June. Our Tour on Sunday 15th June which is Father's Day is completely sold out. Please note that Tour Gift Vouchers for Dad are available. Tour details are as follows. Join us on a journey of discovery back to 1872 when The Rangers were just the dream of a group of young kids who gathered on Fleshers Haugh. They had no ball, no football kit and used a bush on the green as a changing room. Their Club, which they nurtured, was to become the world?s most successful and it all happened on the streets of Glasgow. Our journey takes us to the area of Fleshers Haugh where The Rangers played their first ever match, we also visit Glassford Street, Union Street, Berkeley Street, Burnbank, Kinning Park, Craigton Cemetery and many other places of interest before finishing off our day with a tour of our magnificent Ibrox Stadium. During our journey we have a 30 minute break at the West of Scotland Cricket Ground in Partick which was the scene of the Rangers first ever Scottish Cup Final in 1877. It gives everyone a chance to unwind, grab a beer or soft drink and a bite to eat at a beautiful and historical setting. Adults : £20.00 Children (under 16) and Senior Citizens £15. Group discounts are available upon request. To reserve your seat just send an email to : thegallantpioneers@googlemail.com For further information phone : 0790 2855536 An insight into our research can be found here on our website. http://www.thegallantpioneers.co.uk/
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That's me signed up.
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David Somers buys 35,000 shares + Easdale buys more shares
BEARGER replied to Frankie's topic in Rangers Chat
Found this on FF Easdale buying more shares A LSE announcement tonight at 6.18pm shows that Easdale bought another 57,043 shares at 23p a share -
We; the Union Bears would like to confirm our current stance with regards to next season and announce that we will not be renewing our tickets. Whilst we would like to have announced this sooner it has not been an easy decision to come to and one which we haven't taken lightly. It has been a painful sacrifice but we hope it proves to be an effective one. We believe we can't continue to put our hard earned money into a club suffering from mismanagement in all areas. We find it very hard to renew with all the uncertainty surrounding the club and don't believe that throwing cash into a financial black hole is the answer. If the situation changes, we will update everyone as soon as we can. But as things stand, the group will NOT be renewing and won't be back in BF1 next season. Thanks for your continued support the last few seasons. UB07
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Yes we will, but not issuing a running daily total. Let's hope that we have a large number when push comes to shove.
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The club will know how many have renewed obviously. Ibrox 1972 will know how many have registered with them, it would be stupid of them to give out figures, best to keep board guessing for the time being.
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In favour of UOF.
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Nope, the 2K barrier comes before that.
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Looks like opening the Ticket Office for ST renewals over the weekend went well.
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They certainly hold the fans in contempt that's for sure and yet a minority want to trust them with their ST money.
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"That said there will doubtless be people who will say that any sacrifice is worth it in pursuit of their objective but there will be others who are under the illusion that if the security is granted they will get their own seat when in fact they are not guaranteed any seat all." Why do you persist with this nonsense? We had 13000 non ST seats last season (minus visiting fans) and everyone expects ST sales to be down no matter what. But you say that there is no guarantee that existing ST holders will get a ST at all, are you saying the shysters will refuse to sell?
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Because he can, just him being pedantic.
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You hope it will not succeed would be a more honest statement. "So if Ibrox 1872 Ltd pays Rangers for a ticket on your behalf and there is dispute between you and Rangers, say over which seat you get, Rangers will speak to you about it? I very much doubt it. If you have a dispute and you phone up Rangers, they will say you didn't buy the ticket from us, speak to the people who did." That is just more waffle from you, trying to kid on that there are loads of others waiting for that particular seat. There is no waiting list, there is no upsurge in new fans appearing. My main worry is that 1000's will just not renew due to the football we are served up & the shyster's running our club, these people could be lost for a long time or for ever.