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Players refuse 15% wage cut?

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Giving new contracts to Naismith and Cole then releasing them is one of the stupidest things I have ever seen our club do.

So much mis management on the lower end of the scale too - it all adds up

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Yes I think we should be getting rid of the deadwood in the team, instead of asking all to take wage cuts renegotiate and release including the excess on board

Maybe the plans the plans to do all that?

rangersfc77 likes this

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Running at a lose of 1million a month of course there is.. How do we pay that when the IPO has gone?

Except we're not losing £1m a month.

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You do know that we have yearly incomings don't you?

Like(apart from ST money) and enough to avoid these cuts i dont think so...Its clear to me that If we dont start saving money now soon it will run dry and we will be left with no option but admin..

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Like(apart from ST money) and enough to avoid these cuts i dont think so...Its clear to me that If we dont start saving money now soon it will run dry and we will be left with no option but admin..

How do you know it will soon run dry. You're just making up worst case scenarios to scaremonger amongst the support. We were told we would need to cut costs, it's hardly a shock. The myth you keep repeating about losing £1m a month is just a myth. It's good to see we finally have. CEO with balls that is saying "No" to McCoist.

Oh and we've already knocked over £400k off the wage bill thanks to McCoist taking a wage cut (although he's still on far too much) so theres a saving straight away.

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Running at a lose of 1million a month of course there is.. How do we pay that when the IPO has gone?

The IPO is long gone we are running on generated income, I always felt that we should have went with the planned increase in the ST prices, a further share issue is available but the share price needs to recover to make that workable, the biggest problem is restoring confidence in Rangers to allow this to happen.

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We raised 22million for the club plus season ticket money n matchday income prob looking at 26/27million last season how the fuck can we get to the point in april this were we will have 1million left..Spending way to much and these cuts are needed.

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How do you know it will soon run dry. You're just making up worst case scenarios to scaremonger amongst the support. We were told we would need to cut costs, it's hardly a shock. The myth you keep repeating about losing £1m a month is just a myth. It's good to see we finally have. CEO with balls that is saying "No" to McCoist.

Oh and we've already knocked over £400k off the wage bill thanks to McCoist taking a wage cut (although he's still on far too much) so theres a saving straight away.

CM and CG said we are losing about 1million a month. Stockbridge said at the fans meeting that in April we will be down to 1million in the bank

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ah so thats why the Blackthorn logos peel of the replica shirts so easily; they were going to be replaced soon anyhow

Wouldn't surprise me. All part of the 'plan'

In all seriousness though, did we ever get an idea of what either the Blackthorn or Puma deals were worth?

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CM and CG said we are losing about 1million a month. Stockbridge said at the fans meeting that in April we will be down to 1million in the bank

Oh no they didn't!

The losing £1m a month myth comes from working the average of what we've spent since the IPO, but it fails to take into account one off costs, of which there were a lot.

Stockbridge did say that, luckily the summer is when we see ST money come in eh?

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