Super Cooper 0 Posted April 10, 2014 Share Posted April 10, 2014 fairly clever from the club. canceling and going back later costs you more and gets he club the money sooner. I'm still waiting on a reply to my cancellation and complaint. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 10, 2014 Share Posted April 10, 2014 Mate, I'm struggling to work this out. You are willing to call Trading Standards on Rangers over travel insurance, yet are calm about lobbing another tranche of ST monies at a corporate structure which has done much, much worse? That was more than 10 years ago and doesn't have anything to do our current situation. I got a positive result for all travelling fans by ensuring: (a) that if they already had travel insurance, they didn't have to buy more from Rangers and (b) if they did not have travel insurance, they could make their own choice of provider. I used the example solely to illustrate that I am not afraid to challenge the Club as I have done many times over the years. If Rangers fans don't buy ST's in significant numbers the only way the Club can survive the summer is to borrow again on whatever terms it can get. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 10, 2014 Share Posted April 10, 2014 fairly clever from the club. canceling and going back later costs you more and gets he club the money sooner. In all honesty GS, what else would you expect them to say? 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted April 10, 2014 Share Posted April 10, 2014 If Rangers fans don't buy ST's in significant numbers the only way the Club can survive the summer is to borrow again on whatever terms it can get. No it's not they could and in all honesty really should recapitalise no borrowing required at all. 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted April 10, 2014 Share Posted April 10, 2014 No it's not they could and in all honesty really should recapitalise no borrowing required at all. We've got one dude offering £30,000,000. Same dude even stated that he'd get another £20m from other investors. No need whatsoever to borrow money. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 10, 2014 Share Posted April 10, 2014 No it's not they could and in all honesty really should recapitalise no borrowing required at all. Yes that's fair enough FS but would it not take several months to design and organise a new share issue? How quickly would a new issue raise money? Didn't I read somewhere that it was planned for later in the year? It seems the problem is more immediate than that. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted April 10, 2014 Share Posted April 10, 2014 Yes that's fair enough FS but would it not take several months to design and organise a new share issue? How quickly would a new issue raise money? Didn't I read somewhere that it was planned for later in the year? It seems the problem is more immediate than that. Wouldn't take nearly that long, the Board already hold the authority to do so and it could be completed in a matter of weeks. The club has been under-capitalised since the day Green got his grubby hands on it, Seriously why borrow and increase the mess? It will already take the monies from circa 7000 season tickets to settle the Easdale and Letham loans, another borrowing exercise and there would be serious questions to answer in regards to the Board exercising their legal fiduciary duty. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 10, 2014 Share Posted April 10, 2014 In all honesty GS, what else would you expect them to say? I would have liked them not to make it 27 quid extra to pay over 4 months. But as I have said what they have done is quite clever. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 10, 2014 Share Posted April 10, 2014 I would have liked them not to make it 27 quid extra to pay over 4 months. But as I have said what they have done is quite clever. Did you just credit the Board with being "clever"; you'll be hanging a banner next. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 10, 2014 Share Posted April 10, 2014 Did you just credit the Board with being "clever"; you'll be hanging a banner next. snake like cunning. 0 Quote Link to post Share on other sites More sharing options...
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