BEARGER
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Everything posted by BEARGER
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No way is he going to make public how much he has to invest in Rangers. He lost all in the oldco, he says that in his statement.
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Keep getting this Tapatalk thingy coming up when logging on. What's it about? Worth having?
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The 1% mentioned is not all expenses just the banking charges for collection ? -
Rangers Supporters Association, Assembly and Trust - Statement
BEARGER replied to Zappa's topic in Rangers Chat
I posted a few days ago asking where this requirement for a loan left Wallace. "The Rangers Supporters Association, Assembly and Trust have been contacted by a number of Rangers supporters, who are also current shareholders, indicating they would have provided a secured loan of £1.5m on more favourable terms than the combined Laxey Partners/ Easdale loans." If this statement if true (and I have no reason to believe its not) Wallace has to go and go now if he has any self respect, otherwise he will be seen as just another spiv with his head in the trough. -
Rangers Announce Secure Loan - £1.5m. Repayable by 1st Sept
BEARGER replied to chilledbear's topic in Rangers Chat
Easdale's cash comes on a no-fee and no-interest basis, while Laxey Partners will lend the club £1m, with both sums secured against the Edmiston House and Albion car park facilities near to Ibrox. “ These credit facilities will be used by the company for general working capital purposes over the next few months ” Rangers statement Both loans are repayable by 1 September, while Laxey Partners, the club's single-biggest shareholder with an 11.64% stake, standing to make a £150,000 profit on its part of the deal. -
This survey is open to all to complete including Rangers haters. Survey will be a shambles, just like everything else this board do.
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Yes would think is the case in part. You also get people making assumptions. We will wait and see.
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Nobody gave me any information, this is what I said "3. BuyRangers and RangersFirst seen it posted elsewhere that more will be used on expenses/costs etc. with RF than BR. Is this correct?" I got that from a post on here or FF or some other forum. If it's not been determined yet how can somebody have given me the information?
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ALLY McCoist today urged Rangers fans to back the current Ibrox board.....
BEARGER replied to ian1964's topic in Rangers Chat
Ally should stick to team matters. We ain't going to be fooled again, are we? -
Eh? What are you talking about regarding where I get my information from? I asked questions about statements made on various forums about both schemes, that was all. I have no inside knowledge from either scheme or have attended any meetings. What information do you mean?
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See first post. Am I correct or not on points 1& 2? What is the answer to point 3 for BuyRangers? I realise you cannot speak for RangersFirst.
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Update on poll result Is this email not displaying correctly? View it in your browser. Rangers Supporters Association, Assembly & Trust Statement The Rangers Supporters Association, Assembly and Trust have contacted the CEO Graham Wallace to ask for clarification on the proposed loan by directors and/or selected shareholders. It is of great concern that at the club's AGM in December 2013 Graham advised there was sufficient cash in the business for the club to be able to continue to trade in the short to medium term yet two months later we require a loan for working capital. We would also like assurances that the club have explored all options for attracting fresh investment and this is the best deal available to the club. On the day that the club launched a survey on listening to fans they have ignored shareholding fans overwhelming opposition to resolutions 9 & 10 at the club AGM. Resolution 9 seems to be being used to increase the influence of certain shareholders without affording the same option to others, which is an affront to shareholder democracy and rights. Friend on Facebook Follow on Twitter Forward to a Friend follow on Twitter | friend on Facebook | forward to a friend Copyright © 2014 The Rangers Supporters Trust, All rights reserved. You are receiving this email because you opted in at our website and you are currently a Rangers Supporters Trust Member or Follower Our mailing address is: The Rangers Supporters Trust RST / BuyRangers Administration Clydebank Glasgow, Scotland g80 United Kingdom Add us to your address book unsubscribe from this list | update subscription preferences
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Rangers Supporters Association, Assembly & Trust Statement The Rangers Supporters Association, Assembly and Trust have contacted the CEO Graham Wallace to ask for clarification on the proposed loan by directors and/or selected shareholders. It is of great concern that at the club's AGM in December 2013 Graham advised there was sufficient cash in the business for the club to be able to continue to trade in the short to medium term yet two months later we require a loan for working capital. We would also like assurances that the club have explored all options for attracting fresh investment and this is the best deal available to the club. On the day that the club launched a survey on listening to fans they have ignored shareholding fans overwhelming opposition to resolutions 9 & 10 at the club AGM. Resolution 9 seems to be being used to increase the influence of certain shareholders without affording the same option to others, which is an affront to shareholder democracy and rights. Our mailing address is: The Rangers Supporters Trust RST / BuyRangers Administration Clydebank Glasgow, Scotland g80 United Kingdom
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Jeez that's worrying if a businessman thinks like that.
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Don't know why you are saying I'm blaming Wallace for the clubs predicament, I never said he was to blame. What I am questioning is his credibility now after some of his past statements have been proven to be naive at the very least.
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There will always be groups and certain forums that will try the divide and rule tactic, but they are a minority. The problem is reaching out to the great majority and getting them organised.
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Been googling and looking through other sites to refresh my memory. The fact that we require loans now to get through the next few months has me questioning the ability/honesty of CEO Graham Wallace. This is what he said in a Q&A article in The Herald on 17th December 2103 " In the short-to-medium term there is sufficient cash within the club in order for it to continue trading on a normal basis." Now he was the Chief Financial Office at Manchester City so I'm assuming he has some kind of accountancy/financial qualification. That being the case when he made that statement only 8 weeks ago was he fully aware of the financial position at the club? Did he check himself? Was he assured by the board that we were ok in the mid term? Was he told the truth by the incumbents on the board and if not when did he realise we did not have sufficient cash for the short term never mind the mid term? In the same Q&A article he speaks about gaining investment for the club, can we also assume he has failed in this respect?
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No problem. Do you think one of the insiders from either scheme will come on here and give definitive answers?
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I did not mean to put any slant on the questions, honest! I was just writing down what I've seen posted on various forums and wish to know what is correct and what is not. You say these questions have been answered before, but by whom? Was it people who are involved in each scheme? For example a poster on here said that in the RangersFirst scheme money could only be spent other than on shares if everybody voted for it, I have my doubts about that statement. Also what % of takings are spent on admin & costs etc.? It would be best if only those who are intimately involved with each scheme gave us the answers
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Can anyone confirm or not the differences that exist between these two schemes. 1. BuyRangers you can get your money back after 3 years if you decide to leave the scheme, with RangersFirst you lose the money? 2. BuyRangers all monies raised go to buy shares, in RangersFirst money could be used for other things? 3. BuyRangers and RangersFirst seen it posted elsewhere that more will be used on expenses/costs etc. with RF than BR. Is this correct?
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RST to leaflet Ibrox on Saturday The Rangers Supporters Trusts runs the highly successful BuyRangers scheme. Our members have trusted us with over £300,000 of their money and the we now own over half a million shares in the club. We are looking for members and supporters to help us publicise BuyRangers and our new direct debit facility by leafleting Ibrox on Saturday. If you can help leaflet around the ground from 1pm up to kick-off, even for a short while, or to take some leaflets home to friends or distribute on your supporters bus - please email RangersRST@gmail.com http://www.therst.co.uk/buyrangers/ Friend on Facebook Follow on Twitter Our mailing address is: The Rangers Supporters Trust RST / BuyRangers Administration Clydebank Glasgow, Scotland g80 United Kingdom
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In the 60's I always left the Copland end by the Edmiston Drive stairs, I still believe that the badge on the end of the main stand stated "Aye Ready". But as you say no photographic evidence has been forthcoming to prove it. Age plays tricks on the memory!
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They get shares at reduced cost. They increase their stranglehold on the club. It dilutes the shares of everyone else.
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Mr Wallace said we had enough cash in the short term to mid term, that was just 2 months ago.
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Tomorrow's Mail saying that Laxey & Easdalesxare loaning club 1.5 million, to be paid back in SHARES!!!!!!