BlueMazza 0 Posted January 31, 2013 Share Posted January 31, 2013 Sorry to burst your bubble BM but we already have every player sponsored by a different company/group. I mean advertised on the shirts. As far as I'm aware we don't do that. 0 Quote Link to post Share on other sites More sharing options...
BlueMazza 0 Posted January 31, 2013 Share Posted January 31, 2013 I think most fans will accept a stadium naming rights deal, but the new owners need to be very careful about it and definitely not sell the naming rights on a long term basis unless the money is stunning. All the rumours we've heard so far combined with a little logic point to it not being a lot of money we're looking at for selling the stadium name at the moment, so it really has to be a short term deal. With a long term naming rights deal we should ultimately be looking at the buyer essentially paying for a stadium refurb, upgrade & expansion package in exchange for a long term contract (5 to 50 years depending on the level and cost of the stadium development work they'd be willing to undertake). Regarding the kit: After everything that's happened, the kit manufacturer somehow seems more trivial than ever before, but I think if it's Puma it'll be received as a sort of 'oh well' type affair. Quite a lot of people will be disappointed at us not managing to get Adidas, but nobody is going to make a fuss about it unless the new strip is very poor quality or a horrific design. I don't think it not being Adidas is a bad thing myself but I suppose everyone has their own preferred brands. I just feel that with the 3-stripes it seems to reduce the options with the shirts. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted January 31, 2013 Share Posted January 31, 2013 A £9m-£10m loss this year makes a very big dent in the share issue money raised! This has to be reduced somehow. This is the first I've heard about such a substantial loss being projected. We've been talking about the loss making subject on the forum since Green mentioned it at that recent meeting with some fans, but IIRC the highest figure mentioned was shorerdbear saying he'd heard a loss of about £3.5m was projected. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted January 31, 2013 Share Posted January 31, 2013 someone explain this £10m loss please. sounds a hell of alot. a scary amount tbh. 0 Quote Link to post Share on other sites More sharing options...
plgsarmy 111 Posted January 31, 2013 Share Posted January 31, 2013 someone explain this £10m loss please. sounds a hell of alot. a scary amount tbh. As far as I know the projected loss is £3.5m. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted January 31, 2013 Share Posted January 31, 2013 As far as I know the projected loss is £3.5m. any ideas of ins and outs, roughly? 0 Quote Link to post Share on other sites More sharing options...
plgsarmy 111 Posted January 31, 2013 Share Posted January 31, 2013 any ideas of ins and outs, roughly? Rangers Profit & Loss Model Table 2: P&L Year to 30th June 2013F 2014F 2015F Match Day 13,467 15,210 17,052 Non-Match Day 17,515 23,957 29,512 Total Revenue 30,982 39,167 46,564 Operating Costs -32,613 -32,548 -34,623 EBITDA -1,631 6,619 11,941 Depreciation -420 -420 -420 Operating Profit -2,051 6,199 11,521 Finance Charge -714 -556 -494 PBT - pre player trading -2,765 5,643 11,027 Player Trading Net Gains/Losses 870 - - Cenkos PBT -1,895 5,643 11,027 Taxation -1,031 -1,303 -1,460 Profit After Tax -2,926 4,340 9,567 Minority Interest (Sports Direct International) -3,266 -4,129 -4,624 Profit Attributable to Rangers' Shareholders -6,192 211 4,943 Reported P&L Amortisation Goodwill -12 -12 -12 Amortisation of Players -1,450 -1,130 -580 Exceptional Charges -3,667 - - Operating Profit -7,180 5,057 10,929 Finance Charge -714 -556 -494 Exceptional Finance Charge -750 - - Player Trading 870 - - PBT -8,644 4,501 10,435 Tax -1,031 -1,303 -1,460 Exceptional Tax - - - Profit After Tax -9,675 3,198 8,975 Minority Interest -3,266 -4,129 -4,624 Profit Attributable to Rangers' Shareholders -12,941 -931 4,351 Sorry, not very easy to read. 0 Quote Link to post Share on other sites More sharing options...
Mountain Bear 0 Posted January 31, 2013 Share Posted January 31, 2013 Thanks Plgsarmy. The EBITDA & operating profit numbers for 2013 are the important ones and don't look too bad to me (they give the underlying trading performance -and show a managable couple of million shortfall in 2013). Most of the rest of the forecast losses are exceptional, non-recurring items. As long as the cash position is healthy, and I'm sure it will be, CG won't mind posting a big accounting loss in year one. He can always offset future year profits against it for Corporation tax purposes. Btw, if the source is genuine, then don't expect a £10m signing war chest, as there's zero net expenditure on transfer fees forecast in '14 and '15. Also, overall operating costs only go up by a couple of million over the same period, suggesting that player wages aren't going to increase that much even if we're after out of contract players only. 0 Quote Link to post Share on other sites More sharing options...
Guest sarry Posted February 1, 2013 Share Posted February 1, 2013 I've bought some stuff from them on line and found their service alright 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted February 1, 2013 Share Posted February 1, 2013 Use Sports Direct a lot, they sell good stuff at stupid prices. But if any Sports Direct management are reading FFS stop sending out the huge bloody mug when I buy online. On a serious note what the Hell is the hold up with the shirt deal and stadium branding, Green has been bumming this up for a couple of months and all we are getting is silence on the final deals, not god enough. 0 Quote Link to post Share on other sites More sharing options...
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