Rangers International Football Club PLC Annual Report

[buster. 5,166]

2 minutes ago, CammyF said:

It was posted earlier in this thread (can't remember who by) that in general terms running Rangers financially shouldn't be to difficult for someone with the correct knowledge and experience. 

 

Our incoming money and outgoing costs are largely known / fixed. We just have to ensure that the incomings match or exceed the outgoings.

 

Vanity projects like NEH should have been shelved until we were in good financial health. £12M on a venue that isn't used and can't be used for our AGM as its too small 😀

To say   running Rangers financially shouldn't be too difficult   is for a comedy sketch.

[alexscottislegend 2,314]

23 hours ago, CammyF said:

This afternoon, I'm  off to a Q&A with Graeme Souness organised by my RSC. Can't wait. 

Let us know what he has to say. I think RFC is still close to his heart though I hated him for dropping us for Liverpool at the time.

[Sutton_blows_goats 5,307]

On 01/11/2024 at 09:25, Sutton_blows_goats said:

Any financial experts able to specify how much we made from the Europa league last season?

Any ideas?

[buster. 5,166]

13 minutes ago, Sutton_blows_goats said:

Any ideas?

Around €16,270,000 from UEFA in participation fees, match bonus, co-eff.

 

Not sure if Broadcast money included.

 

Plus match day revenue 

 

https://www.football-coefficient.eu/money/#money-club

Edited 2 hours ago by buster.

[Rousseau 10,563]

When our two stubborn posters clashed I was expecting Rumble in the Jungle not Tyson-Jake Paul.

 

They're now having a reasonable discussion... 

 

[CammyF 8,027]

1 hour ago, alexscottislegend said:

Let us know what he has to say. I think RFC is still close to his heart though I hated him for dropping us for Liverpool at the time.

I'll attempt to get as much as I remember from the event.

Part 1 started with Gordon Smith talking Souness through his playing management career from Edinburgh Schools to his retirement.

Early career was Edinburgh and Scotland schools and then invitations to train with Hearts and Celtic. Nothing materialised from these and he had an offer to go to Spurs. His parents encouraged him to leave home and go to the bright lights of London aged 15. He said he thought Spurs didn't trust him enough to replace some their experienced players so decided to leave for Middlesbrough.

Middlesbrough were managed by Jackie Charlton at time and Souness got his debut as a left back. During that season one of the CBs got injured, Charlton put the CM back into defence and gave Souness the.CM role. He never looked back after that.

Liverpool is well covered - an amazing world class player playing in arguably the best club team in world at the time.

Italy - loved his time there as he got more time on the ball and learned so much about fitness and diet.

Rangers - move came about when David Holmes phoned him and asked if he'd be interested in being Rangers player manager. He jumped at the chance.

Said masterstroke was getting Walter Smith in to help him. Couldn't speak highly enough of Walter but did blame Walter for his red card at Easter Road!

As this was a time when English teams were banned from Europe, it was easier to attract players like Butcher, Woods, Stevens, Steven, Walters, Gough, Hateley etc.

Saif it was a mistake letting Cooper leave for Motherwell and a mistake leaving when he did. That was down to his frustration regarding touchline bans, press intrusion into his personal life and a bust-up with St Johnstone Chairman which didn't end well for said Chairman.

Souness thought he'd be sacked as SDM witnessed the altercation as it happened in the St Johnstone boardroom and instigated from a disagreement with the tea-lady. He decided he'd had enough and spoke to SDM who advised him to stay - take some time out or move upstairs. Liverpool had approached Sounes twice previously and he'd turned them own. He then phoned Liverpool Chairman and said he go to them if the offer was still there.

He regrets leaving Rangers and regrets going to Liverpool.  Said it was the right job but the wrong time.

The remainder of part 1 was about Turkey and the infamous flag incident.

Part 2 was questions from the floor- moat notable answers below ;

Rates Cooper in top 3 players he played with, Derek Ferguson was the best player at Rangers when he arrived but Durrant quickly overtook him and was destined to play in Spain / Italy.

Hard players that could also play - the usual suspects from England but two that surprised him were Terry Yorath and Terry Hurlock.

On recommending Lampard - his connections and relationships with Chelsea and Man City. But also spoke highly of Clement.

On Clement - thinks he's doing the best with players he has. That didn't go down well with the crowd but he stuck by this. Mentioned Butland as a good keeper and thought if we had Cletic's attacking 5 we'd win the league.

On investment  - his opinion is we won't move forward until board have sold club. Didn't talk negatively about the board, just said they need to sell club on.

Smith then mentioned that there was an offer for rhe club that got as far as a meeting being arranged but Rangers pulled out.

Overall it was a great afternoon with some interesting discussions.
Finally, our club presented the charity Debra with a cheque for £3,000 raised at our annual golf day. This is a charity that is close to the hearts of some of our members family (who kindly helped finance the Q&A) and one the Souness has done so much to help.

 

Also, please see 2nd post on page 18 in this thread 
 

Edited 1 hour ago by CammyF