Ibrox_Nights
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Posts posted by Ibrox_Nights
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26 minutes ago, Ibroxholm said:
Bar maybe Lawrence none of the new signings inspire me. Don’t look an improvement in anything we had/have and look distinctly unsuited to the physicality and demands of winning the League in Scotland.
Wilson's contact book would rather bizarrely virtually only seem to extend to Belgium and England's second division.
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4 minutes ago, Blue72 said:
Wasn’t directed at you (or anyone specifically) - just the flip between great transfer window to the whole squad are shite and then we’ll get a result vs Ajax to the whole squad need culled.
but agree there’s something amiss in our planning and player turnover and recruitment
I wasn't taking it personally my friend, just wanted to point out that there are many who have thought the direction of the squad was worrying.
The EL run was great, of course, but it did a lot to mask serious issues in planning, and as you say, player recruitment.
People were smugly championing the resigning of players like Arfield by virtue of a goal against Livingston in the league opener, as if that was enough to justify signing on players who should have been moved on a season or two ago. And that is just one example. Things are now coming home to roost and people are getting an unfortunate reality check.
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12 minutes ago, Blue72 said:
Thanks - very helpful and clear informed response.
Given operating losses in 21/22 and 20/21 my assumption was that FFP concerns were the reason for the lack of investment. I think the board, given the last decade, could quite easily (without drawing attention to FFP) make the case that they’re ensuring the sustainability of the club. Whether this would resonate in the knee jerk reactions after individual (now two in a row) dire performances is I guess probably unlikely!
To be fair, and I can only speak for myself, my points are far from a knee jerk reaction. I have had serious concerns (as have many I am sure) with the state of the squad and the trajectory of it over the last two to three seasons.
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25 minutes ago, Brubear said:
I am awaiting the 2021/22 accounts with great interest. Being an accountant I read them thoroughly and if this years do not reflect a sizeable profit leaving some surplus funds then there will be questions that need asked. I suspect the FFP is a bigger issue. Clubs are only allowed to have 30m€ of losses over a rollibg 3 year period and ours over the past 3 years were 50m€ but special dispensation was allowed for covid. We need to get that down to under 30m€ going forward. A profit in 2021/22 should help considerable and the bassey and aribo sales in 2022/24 and CL entry should give us reasonable base for a 2022/23 profit.
The second FFP constraint is that playing and management staff wages plus transfer fees including agent fee should not be more than 70% of revenue. Last year our revenues were only 51m£ and costs were 75m£, hence a 24m£ loss. Staff costs within this was 48m so 94% of revenue. Again we were given relief due to covid. This is why we are on UEFA's FFP "watch list". It is probably this second constraint which stopped us bringing in more players.
The first paragraph says it all really. Full agreement.
On the FFP, how many clubs have UEFA magicked up to put on that, though? And, more importantly, how many real world sanctions will follow through from it. We absolutely have to reduce the wage bill, though. Not in any small measure due to the fact there is an abundance of utter crap on it or players who spend half their time on the treatment table.
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7 minutes ago, HG5 said:
Not sure how many of the directors loans are actually repayable, as opposed to being converted to shares.
It’s been occurring to me that, with issues around the world, some of these investors may be needing their cash back, possibly sooner than anticipated, and needing cash rather than shares.
May be nothing to this notion, but neither do I see it being impossible.
I was always under the impression, likewise, that most of these loans, the theory behind them was that they would be converted to shares. Barring a compete collapse of a portfolio, one would imagine anyone with a major stake in the club (remembering of course it isn't a case of a majority shareholder a la Murray any longer) would be independently wealthy enough to stick to the gameplan.
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4 minutes ago, Blue72 said:
Agree but without knowing things like the value of all assets, liabilities/debt, assumptions around any future liabilities (eg. Legal action/fees given our ongoing appearance regularly in court cases around contract disagreements) then it’d hard to really judge.
i think the board could communicate this better - and it makes me slightly worried they’ve not tried, explaining the position is more likely to get people on side
All true - but the stance from the board that we are paying back director loans rather than investing further, while attempting to pass off the last three to four transfer windows in the process, probably wouldn't be the most welcomed of messages.
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10 minutes ago, Blue72 said:
Tbf none of us really know the state of the finances - it’s much more complicated than just income/expenditure and we’ve no idea about payments owed on contracts (eg. Mike Ashley) and repaying director loans - lack of transparency is concerning though.
Obviously, however, the amount of income generated to our net spend is somewhat contrasting wouldn't you say?
And on director loans, they can't defer those repayments until they think we are in a better state squad wise. Or if they do, then that is even more worrying. They either care more about their own loan being repayed or have a grossly misguided read on our current set of players.
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9 minutes ago, Darth Bear said:
The only other times I mentioned it is replying to your nonsense.
Get a grip ffs 😅
You're the one spouting pish that being on a UEFA watch list with half of Europe is so worrying and using it as a rational to push an agenda of spending bugger all.
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5 minutes ago, Darth Bear said:
I've mentioned it once as it is a good gauge of our financial situation and you are trying to make out that it means something else. That is on you.
Do you really think that we should be taking on more debt?
No, you repeatedly mentioned it and I continued to explain why what you were insidiously inferring was bollocks. No need to wriggle when the FFP isn't even a situation remotely pertaining in any dangerous way to us. As it isn't for the vast majority of clubs who have been involved.
With the amount of revenue generated in the last one and a half seasons, you are happy with the level of investment in the last three or four windows?
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Just now, Darth Bear said:
It means exactly what it says. Are you denying that we are being monitored? If not then why do you think we are being monitored?
If you consider that post to be scaremongering then you must be a hell of a shitebag 😅
I think you should look up the term. You are the one banging on about us being, oh 'monitored'. As are about half the top clubs in Europe. In practical terms it means fuck all.
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10 minutes ago, folkestoneger said:
We have been put on a sort of watch list warning from what I read .
So have about half the top clubs in Europe, though :-D
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Just now, Darth Bear said:
That we are about to be sanctioned is something that you have made up in your own head I'm afraid as I suggested nothing of the sort.
A business model that runs consistently at a loss is not viable. The fact that we are on a watch list is not something to be overly worried about but does show how fragile our finances are. We have enough debt that we should be lowering not increasing in my opinion.
Quite simply we can't spend what we don't have.
I made up nothing. What else does 'we are being looked at by FFP' imply. Scare mongering and then changing the angle of your point and /or being deliberately obtuse.
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32 minutes ago, JWAC said:
Squad has been too big for years filled with utter shite like zungu, simpson, sakala, barker etc etc
Players the fans know won't make it but we sign them anyway, never mind the injury prone players we constantly waste our money on. The club is not performing and the europa league run papered over the cracks
I had actually forgotten about Zungu. Thanks
We should start introducing our youth who actually do look decent, this crop. I am not advocating for seven youth in up at the sheep, but there is absolutely no reason we should not be playing our promising youth team players over some of the utter shite / players who have had their day in this squad. I would be amazed if that happened, though.
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36 minutes ago, Laudrup1690 said:
Which comes down to the fucking board.
The squad is so stale just look at the team tonight it’s still mostly Gerrards team
Changes should have been made gradually over the past three or four windows. This team has stagnated horribly and this season could be a complete and utter farce.
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7 minutes ago, Darth Bear said:
Being watched by UEFA for FFP and people still think that we should have spent loads more. We have actually spent more than we have in years and it looks like we will break even this year. Like it or not we have to live within our means and it will take a few more years of earning what we have the last couple of seasons before we will have our full spending power back and that is still probably going to be a fair bit less than the teams we are playing against in Europe.
Anyone thinking that we have money to spend is kidding themselves.
You make it sound like we are about to be sanctioned. We are hardly being watched for FFP when you seriously look into the amount of teams that UEFA have moved into the - will now be considered - bracket.
All we would need to do is pay a diddy little fine, anyway, no? That is how the marvelously arbitrary world of FFP works, while some teams have the square root of fuck all done to them, or pay fines for what? Spending too much money. Seems legit. FFP is a joke.
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10 minutes ago, Big Al 55 said:
He’s already made an impact. The fee will be paid next season, he’ll be ready by then 👍
Exactly, and the point I am about to make isn't to contradict what you are saying, but that is why all this bollocks about 'ring-fencing' money for Tillman and Sands is disengenious and very convenient for the board. And that is putting it nicely.
If we sign them them, then it is going to be next season, in next seasons transfer window. With money banked from this seasons CL being in a different financial year to the EL run and all the other incomings from last season. Also a fresh seasons ST sales.
That is if we even want to take up the option. Sands at near five million I wouldn't touch with a barge pole.
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We are paying the price for the team standing absolutely fucking still over these past three or four transfer window. That, or bringing in mostly utter shite. The Europa run has papered over the cracks. This squad is big and needs a massive overhaul. Two really big problems.
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1 minute ago, lewislaudrup said:
No point Gio leaving if Ross wilson still gonna be there
Should be out the door. Absolute fraud.
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Should also drop off Wright back up there at the weekend because the sheep are exactly his level. Supposedly there as an outball when you will have a reduced amount of possession and he manages to get caught offside how many fucking times. Totally brainless.
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Defence is a fucking clownshow. We have spent the two biggest sums of our 'wonderful' transfer window on defenders who are nowhere near the first eleven.
Our undroppable vice captain who thinks he is Beckenbauer can't even fucking defend a set piece that a team full of jobbers or plumbers could have scored against you with.
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He has coasted along with timely success delivered in the vast majority by players and a squad not selected or signed by him. The guy is an imposter and the sooner he is gone the better.
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7 hours ago, graeme_4 said:
It looks strong on paper, but there 4 or 5 on longterm sick that really leaves us short.
This is the point. We have a lot of potential strength until you realize we have a huge amount of players (big players) not squad fillers who are either injured for months or are more difficult to find than Lord Lucan.
We know around half of them, or slightly more will be out again just after returning, as well.
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Napoli is hardly a given but they are in transition. Have had a turn over of big players who have been there a long time.
*****The Official Ajax v Rangers Match Thread*****
in Jimmy Bell's Kitroom
Posted
Sad and pathetic in resorting to calling people juvenile names when they have no point to back it up with. I'd look in the mirror at your own ignorance.
You clearly think there isn't any money to spend, without any form of proof, and evidence that flies directly in the face of that. You are obviously content with second place in life.