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weeneily

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weeneily last won the day on October 29 2015

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About weeneily

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  1. it looked a lot clearer one everyone got their cards in place.
  2. Aye the chant soon put their gas at a peep.
  3. Thank goodness the Russians saved to atmosphere by performing their George square candlelight vigil tribute using their phone lights. Pure artistry it was and brought a touch of glamour to the proceedings.
  4. I was as far away from the Rapid section as possible but their 2000 fans singing drowned us out until the second goal. They took their beating well and really added to the occasion of a great night back in the later stages if European competition at long last. Couldn't have asked for better opposition fans, loud and supportive of the team but ultimately well beaten.
  5. Yes its a pity the guys at law firm waited until today to realise that SD were correct in their interpretation of the contract. Mind you, they are getting a nice bit of fee income out of it courtesy of the season ticked money. Fuck knows why the Club are entertaining their legal fee bill.
  6. 7p in the £ would actually be excellent as Rangers only own half RR so that would indicate a 14% return on sales after tax which 99% of UK retailers would bite your hand off for.
  7. As far as allocation and split of income/expenditure is concerned it is irrelevant to us. The retail partner will give the Club a % of sales before VAT as a royalty for using the Rangers IP. Same way as every other Club who completely outsource Retail to a 3rd party. The sponsors money has nothing to do with the retail partner deal and will go straight to the Club and I am not aware of the volume of replica kit sales having any bearing on this. Do you have information that sponsors investment varies depending on replica kit sales? Either way sponsorship money will not go near the retail partner (unless of course the board have made a monumental fuckup). In Hummel's case they will also make margin from supplying the kits to SD at wholesale cost or possible license fee income by allowing SD to make kits under license in one of their far east sweatshops.
  8. If the Club were handling their own retail then this point would be valid although the vat man and suppliers would get 50% between them followed by the typical 40% overhead of running a retail operation which would inevitably end up with £5 profit left for the Club. This is similar to the old deal with RR being a joint venture. In this case however SD will be controlling all retail operations. They will pay the VAT man and manufacturer and retail overheads and the Club will receive a royalty of typically between 5% and 10% of the net retail sales before VAT ie £42 x 5% - 10% = £4.20-£8.40 per kit. All other bits of the pie are eaten up by the manufacturer, HMRC and the retailer. Same for all clubs who subcontract their retail operations.
  9. Great result. Hope these wee tarriers in the crowd in their filthy hoops enjoyed the game.
  10. I know that they are definitely going with a retail partner which will be decided by end of July as they are considering a few and I'm sure JD will be in the mix. But they will be relying on the chosen partner to start the IP carrying product process as no supplier may start sampling until that time due to SD having exclusive license rights until that time which is bit of a pain as it takes time to get approval for products considering all the dye and fire retardation certification etc to allow products onto the market. The retail partner will control all aspects of the supply chain so they will have to move quickly to get kits out in any volume within a month or two of the deal being arranged. That's not to say someone hasn't been tipped the wink in advance of course although the commercial department are adamant that no decision has yet been made.
  11. One of our firm's specialist areas is retail turnaround and restructure. Looking at typical clients the retail cost/profit structure per £100 income is as follows : sales £100 vat man gets £16.67 supplier gets £40 (retail standard is sales = 2.5 x cost price) shop overheads and wages etc £33.33 (typically a third of turnover) balance left for shop after costs £10.00 or 10p per £1 of sales. This is fine if the directors/shareholders have their salaries covered and get a 10p per £1 dividend but it is insignificant if the retail operation is expected to contribute the meagre surplus to a football club. They real way to make income from sale of products is license income from 3rd party sales, not from running your own retail activity.
  12. It's a situation much like Arnold schwarzenegger and devito in Twins as far as the funding is concerned.
  13. His were harsher. I've not stopped greeting since I read his insult.
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