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Rangers share offer prospectus (PDF) 122pages.


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Well if you have saying Bomber was right is a wild conclusion. He was claiming all sorts like Whyte owns Ibrox, all the season ticket money is being filtered out, administration again soon, Charles Green said a big bad evil thing, Green doesn't want a football license etc etc.

 

 

If you read the prospectus you'll note that the property valuation from DM Hall comes with the rather bizarre caveat that they formed their opinion without having sight of the deeds.

 

Some pretty large assumptions in there, and given previous claims it seems strange that they (Green & co) didn't take this very simple opportunity to put the claims to bed forever, it begs the question why not?

 

Tenure/Title Deeds and Leases

 

We have not had the opportunity of inspecting the Title Deeds of the subjects under valuation and, for the purposes of our valuation, we have assumed that the subjects are held under Title which is the equivalent of Heritable Ownership (formerly Feudal) unless otherwise stated as being subject to a Lease. We have further assumed that the properties are free from encumbrances, restrictions or outgoings of an onerous nature which would have a material impact on the value.

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Bloody hell, we're back to giving 'show us the deeds!!' credibility.

 

That's not exactly a helpful response. We've got two issues worth discussion here: The one forlan is highlighting regarding the deeds and the one Bluedell appears to be pointing out regarding the Share offer being for shares in a brand new company founded just a few weeks ago which doesn't own the clubs assets.

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That's not exactly a helpful response. We've got two issues worth discussion here: The one forlan is highlighting regarding the deeds and the one Bluedell appears to be pointing out regarding the Share offer being for shares in a brand new company founded just a few weeks ago which doesn't own the clubs assets.

Wasn't me who mentioned bomber.

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What exactly should we be worried about concerning them?

 

You should be of sufficient intelligence to work that out for yourself.

 

There's a wee clue in the fact that those who did the valuation do not know for sure what exactly they placed a valuation on!

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Well if you have saying Bomber was right is a wild conclusion. He was claiming all sorts like Whyte owns Ibrox, all the season ticket money is being filtered out, administration again soon, Charles Green said a big bad evil thing, Green doesn't want a football license etc etc.

 

Dividends are a perfectly common business practice including at football clubs. Now if in your view any money being taken out of the club is us being 'screwed' then fair enough, but that by no means equals or even suggest us going into administration and insolvency again.

 

So it's inaccurate to say 'screwed again' like it's a repeat of Whyte or something.

 

we need every penny to compete with celtic. we are already at a disadvantage. how many years behind them do you want to go?

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