Colin Traive 22,775 Posted March 23, 2020 Share Posted March 23, 2020 My view in this situation is always the same. I wish them no more and no less than they wished us. RIP Link to post Share on other sites More sharing options...
ritchieshearercaldow 22,137 Posted March 23, 2020 Share Posted March 23, 2020 3 minutes ago, East Enclosure Row N said: They nearly all did. Aye and fuck em all, told them at the time, what goes round comes round, they said but we’re a well run club Link to post Share on other sites More sharing options...
The Dude 20,026 Posted March 23, 2020 Share Posted March 23, 2020 Yer man from Hong Kong better get his money into us quickly, or we'll be struggling soon too. Link to post Share on other sites More sharing options...
Bad Robot 21,150 Posted March 23, 2020 Share Posted March 23, 2020 1 minute ago, The Dude said: Yer man from Hong Kong better get his money into us quickly, or we'll be struggling soon too. based on what financial figures ? Link to post Share on other sites More sharing options...
Colin Traive 22,775 Posted March 23, 2020 Share Posted March 23, 2020 7 minutes ago, Bad Robot said: based on what financial figures ? Don’t get him started. He’s a right ray of gloom. Nothing he’d love more than our demise. Link to post Share on other sites More sharing options...
The Dude 20,026 Posted March 23, 2020 Share Posted March 23, 2020 7 minutes ago, Bad Robot said: based on what financial figures ? Based on the fact we have an existing £10m shortfall which needs to be plugged by directors when there are games Taken from the annual accounts "At the time of preparation, the forecast identified that the Group would require £10.0m by way of debt or equity funding by the end of season 2019/2020 in order to meet its liabilities as they fall due." https://media.Rangers.co.uk/uploads/2019/11/Rangers-Reports-and-Accounts-2019.pdf Link to post Share on other sites More sharing options...
The Dude 20,026 Posted March 23, 2020 Share Posted March 23, 2020 2 minutes ago, Colin Traive said: Don’t get him started. He’s a right ray of gloom. Nothing he’d love more than our demise. Utter bollocks, but nothing less than expected from you. Link to post Share on other sites More sharing options...
KeyserSoze 14,544 Posted March 23, 2020 Share Posted March 23, 2020 It’s a dodgy financial strategy to rely on cash made from “match day”. But I’m assuming many senior clubs have that assurance that there’s cash coming in on match day. pies, corporate bookings and shearing sessions must keep them afloat eh Link to post Share on other sites More sharing options...
savenosouls 97 Posted March 23, 2020 Share Posted March 23, 2020 2 minutes ago, The Dude said: Based on the fact we have an existing £10m shortfall which needs to be plugged by directors when there are games Taken from the annual accounts "At the time of preparation, the forecast identified that the Group would require £10.0m by way of debt or equity funding by the end of season 2019/2020 in order to meet its liabilities as they fall due." https://media.Rangers.co.uk/uploads/2019/11/Rangers-Reports-and-Accounts-2019.pdf So it would be more than £10m as this figure would no doubt assume that we have income from all our games to the end of the season. I understand the sentiment re Aberdeen - but be careful what you wish for. Link to post Share on other sites More sharing options...
The Dude 20,026 Posted March 23, 2020 Share Posted March 23, 2020 Just now, savenosouls said: So it would be more than £10m as this figure would no doubt assume that we have income from all our games to the end of the season. I understand the sentiment re Aberdeen - but be careful what you wish for. Quite probably. If Aberdeen are looking at a 5-6m black hole, then it could be substantially more than £10m. Link to post Share on other sites More sharing options...
BookWorm 4,124 Posted March 23, 2020 Share Posted March 23, 2020 Link to post Share on other sites More sharing options...
Essandoh 21,208 Posted March 23, 2020 Share Posted March 23, 2020 24 minutes ago, The Dude said: Yer man from Hong Kong better get his money into us quickly, or we'll be struggling soon too. I’d imagine celtic must be fucked too, on wages alone Link to post Share on other sites More sharing options...
The Dude 20,026 Posted March 23, 2020 Share Posted March 23, 2020 2 minutes ago, Essandoh said: I’d imagine celtic must be fucked too, on wages alone Aye. Think they've got a hefty reserve of cash (c30m) but even that's only enough to cover around 6 months of their payroll. Link to post Share on other sites More sharing options...
Essandoh 21,208 Posted March 23, 2020 Share Posted March 23, 2020 Just now, The Dude said: Aye. Think they've got a hefty reserve of cash (c30m) but even that's only enough to cover around 6 months of their payroll. Fucking mind boggling when you look at how £30,000,000 can vanish that quickly Link to post Share on other sites More sharing options...
CooperSF 5,792 Posted March 23, 2020 Share Posted March 23, 2020 Superb Link to post Share on other sites More sharing options...
kanjo 26,328 Posted March 23, 2020 Share Posted March 23, 2020 Assuming emergency power laws are passed today and Boris calls an end to the season, i’d assume some clubs would get respite? Link to post Share on other sites More sharing options...
The Dude 20,026 Posted March 23, 2020 Share Posted March 23, 2020 Just now, Essandoh said: Fucking mind boggling when you look at how £30,000,000 can vanish that quickly Crazy. The money us and them spend on wages for bog average players is ridiculous. Link to post Share on other sites More sharing options...
Terry Hurlock Loyal 12,133 Posted March 23, 2020 Share Posted March 23, 2020 Thought they were debt free and all that, hahahaha!!! Link to post Share on other sites More sharing options...
TEFTONG 60,108 Posted March 23, 2020 Share Posted March 23, 2020 41 minutes ago, Essandoh said: Die die die. No last minute miracles. No new entity Phoenix club. Remove the stain. Hope every one of their fans cries a million salty bitter oceans and shite hedgehogs for the next 70 years Tell us how you feel about them really mate 😅👍 Posted on the other thread it's Good Riddance to the sheep molesters. Agree 100% with your post. Link to post Share on other sites More sharing options...
Escobar 13,676 Posted March 23, 2020 Share Posted March 23, 2020 Hopefully all the poofs crying about Hearts show their faces and greet for the sheep aswell. Fuckin round them. Link to post Share on other sites More sharing options...
Copland bear 7,966 Posted March 23, 2020 Share Posted March 23, 2020 25 minutes ago, The Dude said: Based on the fact we have an existing £10m shortfall which needs to be plugged by directors when there are games Taken from the annual accounts "At the time of preparation, the forecast identified that the Group would require £10.0m by way of debt or equity funding by the end of season 2019/2020 in order to meet its liabilities as they fall due." https://media.Rangers.co.uk/uploads/2019/11/Rangers-Reports-and-Accounts-2019.pdf I'm waiting to renew my books as soon as the club send out the forms. I don't care if the season does not start till December and we play 20 games but what I and thousands of other bears will never let Rangers go to the walll. Link to post Share on other sites More sharing options...
kanjo 26,328 Posted March 23, 2020 Share Posted March 23, 2020 1 minute ago, Copland bear said: I'm waiting to renew my books as soon as the club send out the forms. I don't care if the season does not start till December and we play 20 games but what I and thousands of other bears will never let Rangers go to the walll. Same for me. Link to post Share on other sites More sharing options...
The Dude 20,026 Posted March 23, 2020 Share Posted March 23, 2020 2 minutes ago, Copland bear said: I'm waiting to renew my books as soon as the club send out the forms. I don't care if the season does not start till December and we play 20 games but what I and thousands of other bears will never let Rangers go to the walll. I totally agree with the sentiments behind it but with individuals just as likely to feel the strain financially as business, I'd not be hanging my hat on 40,000+ rushing to spend 400 quid on season tickets when they are fearing for their own jobs etc. Link to post Share on other sites More sharing options...
Teamgers 1,214 Posted March 23, 2020 Share Posted March 23, 2020 13 minutes ago, The Dude said: Crazy. The money us and them spend on wages for bog average players is ridiculous. Agree with that Link to post Share on other sites More sharing options...
ally62 393 Posted March 23, 2020 Share Posted March 23, 2020 😢, gonna miss them Link to post Share on other sites More sharing options...
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