forlanssister
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Everything posted by forlanssister
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Record Back Page - Ally, I Need New Players
forlanssister replied to ian1964's topic in Rangers Chat
Indeed though the way it actually rolls means with each passing week he becomes more expensive to remove not less. -
LOL... the Great Pontificator parks up his bike and graces us with his presence I dare say some sermons are on their way.
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What you consider doom and gloom is nothing more than reality, we'd all love to live in Brigadoon but alas it doesn't exist and we have to live in what does exist. What Whyte did was in actual entirely predictable in fact it was inevitable, second sight and crystal balls were irrelevant. Same with Green anybody that bothered to look at his record (and contrary to what you appear to believe plenty did) would have seen what he was going to do, his time at Sheffield United was ample demonstration of what was to come and Panceltica with hundreds of millions of value destroyed in 18 months should have been clear enough warning for even the most myopic. It was all there to see and if you couldn't be arsed to check it out for yourself then that's not mine or anyone else's. I think Wallace was (and probably still is) a decent and capable enough guy but he knew exactly what he was taking on at the time and exactly what he was doing and whose bidding he was doing. Dave King didn't prevent one single fan renewing their season ticket each and everyone made their own decision and I salute them for it they're better men than me. Risking the clubs future? Once again you fail massively to appreciate the predicament we're actually in at present and that's not doom and gloom that's the actualité , and it's the result of not what the fans have done but what Greenco have done and continue to do. Those of us who have been brought up knowing only Capitalism are well aware of how it works and equally aware of how it's abused. Ashley himself at the Sports Direct AGM lay bare the fact that owning Newcastle is good for Sports Direct and that's all that matters. It will be no different if he gets his hands on Rangers but he doesn't even need to increase his stake by so much as a single share for us to be forever beholden to him. Forget the Rangers in the Champions League nonsense for that's all it is we're years and tens of millions of pounds from there and he doesn't need to risk millions to reap the rewards, he can get millions of bog standard plain white polo shirts made for pennies and punt them for a couple of quid, splash the Slazenger/Lonsdale/Dunlop whatever logo on them and knock them out at a fiver or stick a Rangers crest on them and flog them for £15 that's the attraction of Rangers to Ashley not a football club to win trophies but merely a brand to extract maximum value for Sports Direct and himself at the minimum possible cost, that's how he made his billions.
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Record Back Page - Ally, I Need New Players
forlanssister replied to ian1964's topic in Rangers Chat
He's bullet proof. -
Better for Sports Direct doesn't necessitate that it will be better for Rangers though.
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Vote for Gersnet in the Football Blogging Awards
forlanssister replied to Frankie's topic in Rangers Chat
Done and dusted. -
Rangers already is a gold mine for Ashley and that's what he'll protect the gold mine not the club. If he decides he can extract more gold for Sports Direct by taking complete ownership then he'll do that, if he thinks it's Sports Directs interest to jump into bed with Dave King then he'll do that, if he thinks it's in Sports Directs interest to keep the Easdales egos fed as Greenco's stooges then that's what he'll do. It's only ever been about the filthy lucre it's never been about a successful football club.
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Well the South African authorities with whom he had his dispute don't have a problem do they?
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Wonder if he briefs Merlin and Three Names via a conference call or just emails them the same shit to pad out in their own inimitable style?
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I'd be stunned if they were to make such a basic strategic error. It was pointed out every time there was a hue and cry for him to buy!!!buy!!!,buy!!! shares why he would be stupid to do so.
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Here's the crux though, you did maintain that they could only make money from us by running us successfully. Granted you were far from alone in doing so.
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He can't pay one shareholder 50p per share iirc he'd have to pay 50p per share for the shares he'd be getting when the loan would be converted so the £16m would need to be £40m.
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Is it or is it just what happened when when Murray cast us aside to Whyte like a child casts away an unwanted toy?
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Comeback David Murray all is forgiven?
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Not an assumption at but a fact that's how the great and the good of the stock market place a valuation but no doubt you'll know different. Didn't those across the city just report a merchandising of £4.8m ? Ye Olde "he can only make money by making us a success" chestnut. Did you not learn anything from spouting that re Whyte and Green? Depends how you define "positive", is having us finish 3rd bottom of the top tier year in year out a success so long as it avoids an administration event or is merely avoiding administration in itself positive enough? And a King and Ashley deal is something you don't countenance? There is absolutely no doubt that if Mike Ashley wants us badly enough then he will get us but while we know exactly what he would get out of such a scenario is crystal clear indications from his running of Newcastle don't emit an abundance of positivity in our direction.
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It's not free though as it costs the club, costing Newcastle circa £30m a year in lost revenue.
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See post #42
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In fairness to Ashley he got them into the Championship pretty quickly!
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We'll soon find out! I'm sure he won't want you eating to many slices of humble pie....
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http://www.sportsdirectplc.com/
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They'll need 75% of votes cast and they won't get that without the acquiescence of Ashley.
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I've previously explained to you why Ashley invests in Rangers and it's not a mutually beneficial arrangement. So here goes again it's a real simple formula. Sports Direct trades on a P/E ratio of circa 20 which means each £1m of profit has a market value (in share price terms) of £20m, Ashley holds circa 54% of the Sports Direct shares ergo giving him personally circa £10m for every £m profit that he can extract from Rangers. Merchandise profits of circa £5m could well be attained and that would be worth circa £100m to Sports Direct and circa half that to Ashley, not a bad return for an investment of circa £2m and that doesn't include the value to Sports Direct of the free advertising when Ibrox is eventually splattered with Sports Direct sign and banners et al.
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What makes you think Ashley wants Rangers as a football club for its own benefit as opposed to what he's doing at Newcastle which is run for Sports Direct's benefit?
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Of course they can and of course they do. They were relegated in their second season under Ashley is that the kind of success we should be looking for under Ashley?
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Are Newcastle United successful?