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buster.

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Everything posted by buster.

  1. TBH I haven't the expertise or knowledge to go much further with the guessing game but I would say that given recent history, to be anything other than an "unapologetic cynic" in these circumstances would be akin to believing in the tooth fairy. I concur that relevant plans will have been made and that there will be various options within, so as to cover the possible upcoming scenarios.
  2. I'm no expert in this material but did come accross this within the Companies Act of 2006 I was told that shareholder approval would be required in this hypothetical case if RIFC looked to subsequently dispose of/sell TRFC. However could RIFC exhange TRFC debt for Ibrox and thereafter charge a rent for the use of ?
  3. They wouldn't need shareholder approval to simply transfer Ibrox from TRFC to RIFC (in exchange for debt). (But would if RIFC then looked to sell TRFC)
  4. I'm sorry if the truth hurts (there is a Monty Python sketch in there somewhere). It was certainly true from my perspective although I didn't intend to make a conversation out of it given you had told me I was on your 'ignore list'. Let's end that there and get back to Topic.............. You talk of 'answers', I think we've reached a place where there are very few that are palatable thanks to the long line of sp.ivs who you welcomed through the doors. They have executive control and will have layed the financial mines.
  5. I've come to almost look forward to DB's posts for some light relief.
  6. I don't think (or rather guess) Xmas will be far off the mark and yes, I think we get closer to the time when sp.ivs will look to position/extract value from the assets in one way or another. The sp.ivs will have options covered and there will be real pain of some kind, even if that were in part, to be to a bank account in South Africa. Wouldn't surprise me if attempts were made to drag the whole thing out longer so as to keep sucking out money with assets going one by one. Pain being the Chinese drip by drip path to a darker place.
  7. Can anyone make an educated projection regards how long this amount of money (if raised in full) would keep the lights on for ?
  8. "In line with the exemption to the European Union Prospectus Directive the possible equity issue would be for not more than an aggregate EUR5m and would avoid the costs of preparing a prospectus." http://rangers.g3dhosting.com/regulatory_news_article/386
  9. Just thought I'd interject here because at the time of the IPO, there wasn't enough attention directed towards the political side and how that would ultimeatly effect how monies raised were spent.
  10. We were obviously playing some fantastic stuff a year ago with as fluid a middle to front as has been seen in world football and then it suddenly went wrong as entertainment value slumped. As Mr.Hemdani says it's little wonder there has been such a sudden drop in STs. .............
  11. The 'old' never left although the dynamic changed somewhat and has produced another split of sorts on various issues.
  12. The root of those circumstances needs to be addressed, not ignored. I'd have thought after your longrunning blindspot with Green&Co you'd be keen to look or analyse situations in a more comprehensive manner.
  13. I guess the 5M at the press of a button goes down on the long list under, 'fob them off bullshit'. Misleading public statement from Wallace ? ----------------------------------------------------------------------------------- Remember this is to keep the lights on and wouldn't be enough to get through the season. As for the 20-30M needed for acting on the 'business review'........where is this coming from ? And if it isn't then what are the revised projections regards the football operation ?...Or perhaps for other events. Remember the football club (TRFC) already has a large debt, will RIFC swap it for Ibrox ?
  14. CL gets more repetitive as every year goes by and it's very much the odd game in the group stage that is worth watching.
  15. As I said in the second post of this thread the media will always try and push this type of supposed controversy because it makes for easy journalism with many consumers anxious to jump on the bandwagon. I don't know if it were poor planning as the circumstance was very forseeable. It may or may not have simply been an imperfect but acceptable outcome for those involved.
  16. That's all fine and well but I think it more relevant to consider the particular circumstances you are dealing with rather than general studies. I'd have thought that people with "higher intelligence" will vary their outlook dependent on circumstances.
  17. It's been a complicated political game in the background for a number of years that has often had Jack Irvine pushing and pulling levers for the benfit of those signing his cheques. What you have now is a more sceptical landscape for Irvine or similar to 'play his games' which tends to make one think that he or similar will have to change tact. On one hand you have the proposed membership scheme that was first conceived by Rangers when Irvine was very much at the centre of the communications strategy. On the other there are other possibilities that I'm reluctant to go into at the moment until I can firm them up at least a little from the 'possibility' stage............... I always try to get to 4, not 5 and at the moment I don't know. As the person who first put the 'Toxic' beside Jack.....I've been on his case and others like him for a while
  18. Sometimes things aren't always as they seem. Whether that could apply at least in part to the above or not, we'll have to think about.
  19. The long and the short of it is that there doesn't exist a way of seeding that isn't exempt of flaws. If seeding has to be employed in this case, I don't see as unreasonable the use of league positions. The fact that we are 23rd is a fact and we as a club simply have to deal with such. Although in the end we got to 8th because of circumstances.
  20. Blue Pound is now divided between club and sp.ivs. Effectively we are paying a 'spi.v tax'. ps. this thread and it's constant posting is like being on FF
  21. Enough folk and a comprehensive enough conversations to be able to state in such a categoric manner........ BH "IMHO most of those who have not renewed have taken the position of being selective because of the poor quality of football on show and many of those who cite the Board etc as their reason are using this as an excuse to hide the real reasons which are the lack of quality/poor tactics/duff opposition etc." ........must have spent a fair few days at it.
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