Darthter 542 Posted May 4, 2011 Share Posted May 4, 2011 What happens if the Paul Murray deal goes through??? �£25m is ploughed into the squad in the summer & McCoist gets to rebuild the squad with some quality players....excellent news for next season!!! However, what happens then??? The pocket money's gone, but the wages still remain, as does the bank debt - even though I would imagine it being reduced further. The team would have a good chance of winning the league, possibly at least one other domestic cup, and would hopefully do quite well in Europe - more likely Europa cup rather than Champ league though.....all being revenue that has been achieved over the past couple of years. How will the club be able to afford to keep the new quality that McCoist has just brought in??? Does the club then develop into a feeder club for the big boys down south??? Profit being generated by bringing players in for a season, then selling on.... Also, How is the �£25m being raised??? My understanding is that it is being UNDER-WRITTEN by P Murray & his backers.....does that not mean that xx number of shares are put up for sale, and if the total value does not meet the target, PM & his backers make up the difference ie. Share sales raise �£15m, the PM & his backers have to stump up the additional �£10m. Who is buying the shares - THE FANS!!!! Possibly some large chunks being bought by various wealthy folk, but in the main it would be the average fan coughing up the money. If the share sales raise the full �£25m....it cost PM & his backers nothing!!!! My view is that the CW deal should bring the club onto a more financially stable platform ie no �£20m debt. Therefore any monies/profit generated stay with the club....this in itself should generate transfer funding & enable to club to turn round an overall profit. Time will tell the true outcome.... 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,626 Posted May 4, 2011 Share Posted May 4, 2011 My view is that the CW deal should bring the club onto a more financially stable platform ie no �£20m debt. Therefore any monies/profit generated stay with the club....this in itself should generate transfer funding & enable to club to turn round an overall profit. Time will tell the true outcome.... The suggestion has been that the CW deal just moves the debt away from LBG and to someone else so we are not better off. 0 Quote Link to post Share on other sites More sharing options...
Stefanovitch 0 Posted May 4, 2011 Share Posted May 4, 2011 Is Craig Whyte clearing the debt or moving it offshore? What's to stop Craig Whyte underwriting a share issue himself? What specifically do the takeover panel not like about Whyte's offer? Why don't Whyte and Murray pull resources and take the club forward bigger and better? Too many questions and not enough answers. 0 Quote Link to post Share on other sites More sharing options...
Guest scotranger Posted May 4, 2011 Share Posted May 4, 2011 Time will tell the true outcome.... Further to my earlier post on the subject you have given an excellent viewpoint in your post. However time is not on our side here with three games to go. Ally is placed between a rock and a hard place.We are in a much better position with the CW deal. 0 Quote Link to post Share on other sites More sharing options...
laudrup11 0 Posted May 4, 2011 Share Posted May 4, 2011 (edited) I feel our best option at moment is to go with Craig Whytes proposal. By doing this Surely Rangers free of MIH and LBG would be a more attractive proposition to any other interested parties out there if there is any. A fresh start is what is needed throughout the club. changes to playing staff are required and certainly in the boardroom. I don't know too much about either Craig Whyte or Paul Murray but my opinion is if Paul Murray was a serious contender to takeover Rangers how could he have sat back and watch us get into this mess in first place. Why not come up with a consortium years back and buyout SDM Edited May 4, 2011 by laudrup11 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 4, 2011 Share Posted May 4, 2011 Do we think Murrays backer is King?? Who is behind Whyte?? Agatha Christie anybody!! 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted May 4, 2011 Share Posted May 4, 2011 Further to my earlier post on the subject you have given an excellent viewpoint in your post. However time is not on our side here with three games to go. Ally is placed between a rock and a hard place.We are in a much better position with the CW deal. We are ? How do you know this ? Rumours abound that all CW is doing is moving the debt from LBG to an offshore company. Just how does that make things better ? Taking yor debt from a reputable (somewhat) UK bank to some unknown offshore company and/or person(s) ? I think i would prefer the devil I know.... 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,626 Posted May 4, 2011 Share Posted May 4, 2011 I don't know too much about either Craig Whyte or Paul Murray but my opinion is if Paul Murray was a serious contender to takeover Rangers how could he have sat back and watch us get into this mess in first place. Why not come up with a consortium years back and buyout SDM I'm sure he has been trying. 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted May 4, 2011 Author Share Posted May 4, 2011 I think i would prefer the devil I know.... IF we go down this route.....there is a strong possibility that in a few years, we will be in exactly the same position??? My opinion is that the PM offer simply papers over the cracks....it does not deal with the real issue. Its like finding �£20 in your jacket pocket, when you've reached your overdraft limit - it will ease the problems for a short time, but before long, your back where you started!!! CW may be moving the debt else where, but HE will be in control of it, not the bank. this may mean that re-payments are easier on the pocket etc. Also, from what I understand, under PM's offer, SDM & LBG will still be in control....even though SDM has made it clear that he wants out....is that the best way forward, having a Chairman who doesn't really want to be there??? 0 Quote Link to post Share on other sites More sharing options...
laudrup11 0 Posted May 4, 2011 Share Posted May 4, 2011 I'm sure he has been trying. I know he was linked in with Dave King bid a while back mate Just saying why has it taken him so long to come up with anything else, it just seems that he has seen that Craig Whyte is genuine ( in terms of buying club) and now decided to counter it 0 Quote Link to post Share on other sites More sharing options...
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