Calgacus 8 Posted October 14, 2013 Share Posted October 14, 2013 wikepedia is not a reliable source for anything. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted October 14, 2013 Share Posted October 14, 2013 In addition to the first team, Rangers F.C. also have a reserve team and an under-20 side. On 20 April 2004, Rangers Football Club announced the creation of a new company which would oversee the development of the club's youth players. The company, called Rangers Youth Development Limited, is entirely self-funding but completely owned by the club. It attracted four investors from outside Rangers who have invested £1 million, with the club also putting up an initial £2.5 million. This would leave Rangers F.C. in an unfamiliar position which would mean it has to buy its own youth players from Rangers Youth Development. The company will own the young players and the club will need to bid for them although it will have first option on all the players. If both sides cannot reach an agreement on a transfer fee then a FIFA transfer model will be used. Any profit made by the company will be divided between investors with the majority being invested to fund more youth players. [2] The main reasons for the formation of the new company is to offset the running costs of Murray Park. However, many of the Rangers fans were opposed to the formation of the[3] According to this Murray was to receive dividends from our youngsters.. http://en.wikipedia.org/wiki/Rangers_F.C._Reserve_and_Youth_squads. Come on I had you down as way smarter than that. 0 Quote Link to post Share on other sites More sharing options...
trueblue 64 57 Posted October 15, 2013 Share Posted October 15, 2013 wikepedia is not a reliable source for anything. http://www.telegraph.co.uk/sport/football/2377761/Supporters-mystified-by-Rangers-youth-plan.html It was a dodgy scheme that Murray was a part of, if profits had been made, dividends would have been paid. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,624 Posted October 15, 2013 Share Posted October 15, 2013 http://www.telegraph.co.uk/sport/football/2377761/Supporters-mystified-by-Rangers-youth-plan.html It was a dodgy scheme that Murray was a part of, if profits had been made, dividends would have been paid. Dividends can only be paid to shareholders. RYD was wholly owned by Rangers. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted October 15, 2013 Author Share Posted October 15, 2013 I'm pleased with yesterday's result as it means we should now have an open process at the AGM to not only ratify the existing board appointments but accept (or reject) any of the new nominations. It's now up to all those people to shows us why they're a better option. FWIW, I don't think any have really done that - even if PM spoke well enough on Sportsound last night. More than anything, I'd hope our fans would vote for people who are transparent about their intentions while showing us clear plans for their future well-being of the club. 0 Quote Link to post Share on other sites More sharing options...
Anchorman 0 Posted October 15, 2013 Share Posted October 15, 2013 Does anyone have a link to the PM interview on Sportsound last night? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted October 15, 2013 Author Share Posted October 15, 2013 Does anyone have a link to the PM interview on Sportsound last night? Available here: http://www.bbc.co.uk/podcasts/series/scotfoot 0 Quote Link to post Share on other sites More sharing options...
JTP 0 Posted October 15, 2013 Share Posted October 15, 2013 http://www.telegraph.co.uk/sport/football/2377761/Supporters-mystified-by-Rangers-youth-plan.html It was a dodgy scheme that Murray was a part of, if profits had been made, dividends would have been paid. A direct question to yourself. Are you happy and confident in the current board? Just curious. 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted October 15, 2013 Share Posted October 15, 2013 http://www.telegraph.co.uk/sport/football/2377761/Supporters-mystified-by-Rangers-youth-plan.html It was a dodgy scheme that Murray was a part of, if profits had been made, dividends would have been paid. Please explain what was "dodgy" about it 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 15, 2013 Share Posted October 15, 2013 I find its best to listen and learn when bludell is talking about rangers finances. 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.