allgers 735 Posted January 29, 2014 Share Posted January 29, 2014 Who are 'these guys'?Oh Wallace, Somers, Easdale and Crighton and a Financial director, the guys. Quote Link to post Share on other sites More sharing options...
calgary 12 Posted January 29, 2014 Share Posted January 29, 2014 I've stated before I dont think the club does enough to advertise the Rangers Lotto.Maybe its time for a re-invention of the scheme, which could be to the benefit of the club. Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted January 30, 2014 Share Posted January 30, 2014 yes it is but they dont seem to be up to it. at least with something like this we could have a bit of money behind us when we get back to the topWhat makes you think they aren't up to it ? Quote Link to post Share on other sites More sharing options...
obiwan72 28 Posted January 30, 2014 Share Posted January 30, 2014 Emm if the fans are already shareholders then we can invest if we like. Quote Link to post Share on other sites More sharing options...
JCDBigBear 10,824 Posted January 30, 2014 Share Posted January 30, 2014 With the turnover we generate we shouldn't need anymore money from the supporters.We do not have a large enough turnover to generate the income necessary to run our Club. That is the problem we face at present. Our overhead costs are extremely high. Quote Link to post Share on other sites More sharing options...
corbyloyal84 130 Posted January 30, 2014 Author Share Posted January 30, 2014 What makes you think they aren't up to it ?well if the storys are true about us holding out for £1.4m for our best player then they cant be very confident of getting more investment any time soon Quote Link to post Share on other sites More sharing options...
Frank Reynolds 3,359 Posted January 30, 2014 Share Posted January 30, 2014 well if the storys are true about us holding out for £1.4m for our best player then they cant be very confident of getting more investment any time soonOr, we are stable enough to hold out for a price that we set ourselvesWe didn't accept a bid of £500k, nor did we bite when it went to £900kIf we really were that bad financially, we would have to sell players like Wallace for what was being offered - to not do would be to say 'We will have our best players, but won't be able to play anymore because we've no money left' Quote Link to post Share on other sites More sharing options...
Straight-Edge-Loyal 6,686 Posted January 30, 2014 Share Posted January 30, 2014 this is what Jam Tarts have donewe need to do the sameWe THE PEOPLE need to own the clubNo.we dont we need a strong Rangers minded businessman who can take 100% of.the club and most importantly run.it.within our means and for our benefit Quote Link to post Share on other sites More sharing options...
corbyloyal84 130 Posted January 30, 2014 Author Share Posted January 30, 2014 Or, we are stable enough to hold out for a price that we set ourselvesWe didn't accept a bid of £500k, nor did we bite when it went to £900kIf we really were that bad financially, we would have to sell players like Wallace for what was being offered - to not do would be to say 'We will have our best players, but won't be able to play anymore because we've no money left'im not saying we are that bad financially i just dont think if the board were confident of having the neccesary funding in place we would even consider selling our best player for less than we actually paid for him Quote Link to post Share on other sites More sharing options...
SoldierBlue1 499 Posted January 30, 2014 Share Posted January 30, 2014 thatsthats the only thing that would hold this back. i certainly cant think of anyoneWalter Quote Link to post Share on other sites More sharing options...
corbyloyal84 130 Posted January 30, 2014 Author Share Posted January 30, 2014 Waltergood shout that mate Quote Link to post Share on other sites More sharing options...
Thewhitesettler 2,711 Posted January 30, 2014 Share Posted January 30, 2014 'corbyloyal84'exactly, there must be thousands of bears out there for wotever reason are unable to buy a ST but would be willing to give what ever they could each month to help the clubYou mean like subscribing to RTV? I can't get to as many games as I'd like, & I've subscribed to RTV for 1 year, so at least I'm still supporting my club, in some way. Quote Link to post Share on other sites More sharing options...
wullyRFC 5,230 Posted January 30, 2014 Share Posted January 30, 2014 We do not have a large enough turnover to generate the income necessary to run our Club. That is the problem we face at present. Our overhead costs are extremely high.This pretty much puts it to bed for me.Who in the right mind is going to just hand over cash to Rangers so the overheads can get their massive salaries? The wage bill needs slashed notvmoney thrown at them so they can keep lining their pockets. Quote Link to post Share on other sites More sharing options...
One Jock Wallace 858 Posted January 30, 2014 Share Posted January 30, 2014 'corbyloyal84'exactly, there must be thousands of bears out there for wotever reason are unable to buy a ST but would be willing to give what ever they could each month to help the clubYou mean like subscribing to RTV? I can't get to as many games as I'd like, & I've subscribed to RTV for 1 year, so at least I'm still supporting my club, in some way.I agree but think the club really has to improve it's marketing. There are plenty expats who want to do their bit for the club but nothings in place. Last year I contacted Jim Hannah to ask if there was any way I could buy a ST & donate it to a good cause via the club & he said he'd look into it & never got back. Think he had lots going on at the time. But my point is that these things should be set up & marketed properly, targeting expats or fans who are in a position to do more. I'd like to think this is one of the areas GW will look to improve. Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,891 Posted January 30, 2014 Share Posted January 30, 2014 Easdales will pump in 20 million and BPH capable of writing a cheque for 50 million..Nothing to worry about. Quote Link to post Share on other sites More sharing options...
Corky True Legend 2,682 Posted January 30, 2014 Share Posted January 30, 2014 WS has already walked away from the position of chairman saying he wasn't up to it. Great man and a hero as far as team manager is concerned but not for business. Quote Link to post Share on other sites More sharing options...
bump 168 Posted January 30, 2014 Share Posted January 30, 2014 gordon smith would be my vote to head up some kind of monthly investment from the fans,i have said before that there are so many supporters around the world and many down in england that would chip in a tenner a month,if promoted correctly there could be as many as 50,000 people contributing who are not ST holders,many fans have RTV but we as a club and support could do so much more if run correctly,even get former legends involved. Quote Link to post Share on other sites More sharing options...
Brian Fantana 28,894 Posted January 30, 2014 Share Posted January 30, 2014 agreed but when we are wasting money on the likes of smith and foster etc we need to do something to fund the club cant see it coming from anywhere elseor we stop wasting money and take Wallace advice to cut costs? Quote Link to post Share on other sites More sharing options...
corbyloyal84 130 Posted January 30, 2014 Author Share Posted January 30, 2014 or we stop wasting money and take Wallace advice to cut costs? yes but even when we do cut costs we still need further investment from somewhere Quote Link to post Share on other sites More sharing options...
Brian Fantana 28,894 Posted January 30, 2014 Share Posted January 30, 2014 yes but even when we do cut costs we still need further investment from somewherei've said for months - expect a further share option in the near future. Quote Link to post Share on other sites More sharing options...
corbyloyal84 130 Posted January 30, 2014 Author Share Posted January 30, 2014 i've said for months - expect a further share option in the near future.how will that work regarding existing shareholders? Quote Link to post Share on other sites More sharing options...
IainB 599 Posted January 30, 2014 Share Posted January 30, 2014 how will that work regarding existing shareholders?it will likely be a second tier level share. What it is likely to do is increase the value of the current share price. Only Rangers people outside the board I would trust to manage a Fans membership scheme would be Gordon Smith and Richard Gough. Another idea would be to bring back the Rangers Pools. Back in the late 60's early 70's it generated enough cash to fund rebuilding the stadium and was the largest such thing in its day. My late father was one of their top agents. Quote Link to post Share on other sites More sharing options...
Corky True Legend 2,682 Posted January 30, 2014 Share Posted January 30, 2014 If the next share sale is done as a rights issue, it would be up to the existing shareholders as to whether or not their holdings were diluted. Take up your ights - no dilution. Do not take up your rights - some else buys the shares - dilution. Simples! Quote Link to post Share on other sites More sharing options...
rea 22 Posted January 30, 2014 Share Posted January 30, 2014 The Fans should be the Source jointly of any new funding injection.If the Fans buy more shares but all as individuals they will simply have handed more money over to the board and have no louder voice than they started with.....As ever you can read some more details here.http://thecrossedrubicon.blogspot.co.uk/2014/01/a-big-welcome-to-new-institutional.html Quote Link to post Share on other sites More sharing options...
corbyloyal84 130 Posted January 30, 2014 Author Share Posted January 30, 2014 it will likely be a second tier level share. What it is likely to do is increase the value of the current share price.Only Rangers people outside the board I would trust to manage a Fans membership scheme would be Gordon Smith and Richard Gough. Another idea would be to bring back the Rangers Pools. Back in the late 60's early 70's it generated enough cash to fund rebuilding the stadium and was the largest such thing in its day. My late father was one of their top agents.thats why i asked earlier if the Rangers lotto was ran independently of the club as im pretty sure the Rangers pools were Quote Link to post Share on other sites More sharing options...
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