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Everything posted by RANGERRAB
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oh dear. A rangers supporter who thinks our club 'went into administration and eventual liquidation' I despair. Please allow me to explain: The oldco which ran the club until the middle of last year was refused a CVA (after going into administration)by its majority creditor HMRC because its then owner didn't pay the PAYE/NI deductions from employees salaries as it was supposed to. This resulted in somewhere between £10-15m. As a result a newco had to be formed by new owners which purchased the oldco's assets i.e. club, Ibrox stadium,MP etc. The oldco (which is now an empty corporate shell with no assets but with £5.5m in its account which was the purchase price from the new owners). The oldco will eventually be liquidated in probably 10 years time or so. Many respected observers& organisations recognise that the club continued and preserved its history e.g. SFA, SPFL, UEFA, HMRC, LNS, Neil Patey etc. Many other clubs have done likewise e.g. Leeds Utd, Fulham, Woves, Middlesbro, Fiorentina & Napoli. No one challenges them that they're not the same club. That only happens in this poisoned little country of ours
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- rangers fans
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it was more AJ who warned us about Whyte. Yes Whyte did pay LBG with ticketus money & unless I'm mistaken PM had a similar plan when tried to oust Whyte's bid at the eleventh hour
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The problem I have with PM is that he was on the board when Whyte got control of the club. I have said on here many times I want to know how Whyte got Rangers in the first place with apparently no money of his own(to pay off Fullerton & Kane at LBG). Until such times as these facts are know then I think it might be best if PM doesn't become involved but I respect that may change if DK is prepared to invest into Rangers because there's a financial black hole which needs plugged one way or another
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what we will need to know is how DK will inject funds into Rangers to fill the financial hole that everyone can see exists between now & when we return to the top.
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Minutes of meeting with Craig Mather, Brian Stockbridge etc
RANGERRAB replied to rbr's topic in Rangers Chat
that wouldn't work. You'd have difficulty attracting decent players for a start- 72 replies
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- rangers fc
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Minutes of meeting with Craig Mather, Brian Stockbridge etc
RANGERRAB replied to rbr's topic in Rangers Chat
Who would be FD then ? I'd suggest Gordon McKie ex-SRU and Rangers man who'd tick most boxes IMO. Also before we discuss the FD can we confirn if Ken Olverman is still at Rangers ? if so why ? this man's involvement in Whyte's reign was appalling in that he didn't turn whistleblower to reveal was Whyte was up to. If DK does gain control this guy must surely be first out the door, if he's still there- 72 replies
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Nacho Novo still waiting for a call from Rangers
RANGERRAB replied to ian1964's topic in Rangers Chat
looks like he's struggling to make the step up from QOS to Rangers -
They've become boring ever since games were played on a Friday night instead of a saturday. This has left the saturday a bit of a wash-out IMO
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Minutes of meeting with Craig Mather, Brian Stockbridge etc
RANGERRAB replied to rbr's topic in Rangers Chat
I don't think we can deny bonus payments to anyone at the club who is entitled to them providing they are reasonable. Bonus payments are part & parcel of football whether we like it or not. Almost major clubs would appear to have them but these bonuses were exorbitant for SFL3 along with the manager's salary- 72 replies
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- rangers fc
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Nacho Novo still waiting for a call from Rangers
RANGERRAB replied to ian1964's topic in Rangers Chat
must admit think Novo could do a job up front as I think a smaller, nippier player playing off Daly would be better for us. Even if it was for just one season -
you can tell THEY are starting to get worried about King's possible return when Gibbons starts writing about it.....................
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might be 'very high quality' craig but will some of these players be capable of progressing to the first team in a few years ? other it's a complete waste of money which we can no longer afford
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This article says CM's talks with DK were in vain. Richard Wilson's article in the Herald suggested the opposite. Who can we believe? We'll know nothing until DK states his position.
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As has been shown over these past couple of years we ignore the power of the mhedia in this country at our peril. It seems some of the reptiles employed in it can say whatever they like about Rangers regardless of whether factually correct or not. And as the old saying goes that a lie repeated often becomes a truth (certainly amongst our enemies at least) There have been many examples: we owed £134m (or whatever it was) as we'd lost the BTC, we cheated thro' the use of EBT's, etc, etc. I do not think we can simply ignore these lies as I previously stated. It is the duty of the CEO & others to confront these liars at every opportunity and seek legal action if necessary
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not so sure I'd agree. Other than Lewis McLeod how many of the current young players are as good as you say do you think ? and why did Ally go for experienced players during the summer e.g Daly ?
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don't forget Stokes' dive for Celt*c against Dundee Hibs earlier this season from which he got a freekick & scored the winner. Ii was one of the most blatant dives of all time but as expected Vincent Lunny overlooked it. I agree Peralta may need to watch as we're not in a level playing field here nowadays
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Scottish FA fit and proper guidelines could block Dave King
RANGERRAB replied to ian1964's topic in Rangers Chat
regardless of how the AGM goes and who is in control after it there's no doubt they will require someone like King to invest heavily & assume a controlling interest. -
I suppose you're right Andy but MP really does need to start paying for itself big time by producing young players capable of challenging for a first team place long before they're 21. Like Ajax for example. If it doesn't then it should be 'streamlined' as an earlier comment suggested. It must cost an absolute fortune in running costs at a time when we will undoubtedly be looking for areas to cut in the not too distant future.
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unless we can sell them onto the likes of the EPL then the amounts won't be worthwhile. No point in producing players for St Mirren, Partick Thistle etc. Simply not worth it.
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Scottish FA fit and proper guidelines could block Dave King
RANGERRAB replied to ian1964's topic in Rangers Chat
One thing Dave King's possible arrival may do is entice other 'Rangers-minded' investors to come forward who may have had reservations about becoming involved until now. To me it's a win-win situation if King gets involved again -
one of the major reasons we're losing so much money IMO is MP & its running costs. Here's yet another example with this pitch. Don't forget too all the youth teams, youth coaches the expenses, the trips all over the place and you can see it's burning a massive hole in Rangers pockets. Unless MP produces players who can be sold on perhaps if not every year but every other year then it is not viable as such is it? what it musn't become is a centre producing the likes of jordan mcmillan who joined Rangers at a young age, spent many years going thro' the youth system left Rangers for free and is now plying his trade as a journeyman with Plastic Whistle. Many others like him who cost us a fortune with no return whatsoever
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Scottish FA fit and proper guidelines could block Dave King
RANGERRAB replied to ian1964's topic in Rangers Chat
my ideal scenario would be to have both King & Mike Ashley involved(if he gets shot off Newcastle).Ashley might not appeal to all but I think he realises he's not going to get any success with Newcastle due to the exorbitant costs of success in the EPL. Rangers is a different proposition entirely, much more appealing to him I'm sure. Getting a decent Rangers team into Europe in the near future wouldn't cost anywhere near what a successful EPL side would cost year in year out. Could King & Ashley work together ? Who knows but it would certainly cause blind panic over at the girodome if they did get together. Even just the arrival of King himself seems to have ruffled a few feathers from what I hear. -
must have been one hell of a temptation for them would it not ? did they or didn't they ? I know what I think happened.......................
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they could do but they wouldn't be that stupid would they?
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We'll see about once the police investigations have concluded. And the Insolvency service investigation too for that matter. Fullerton and Kane aren't Shellik men? that's a new one on me. MIM had debt of around £750m and Rangers were around 3% of that debt yet LBG seemed more pre-occupied with Rangers debt rather than the vast MIM debt. Why could that be? doesn't take a genius to take an educated guess to figure that one out
- 44 replies