Jimfanciesthedude 24,540 Posted February 24, 2012 Share Posted February 24, 2012 we paid 9 million in transfer fees as well. over that actually.is that not what the trade creditors 10mill down to 2mill was the alukoman alluded towhich means the debt reduction of 17mill included paying off transfer fees, and as studs said above we also sold mendes, ferguson, adam, miller, thomson and wilson, in that time frame,so just where did all the money go Quote Link to post Share on other sites More sharing options...
ogbg 20 Posted February 24, 2012 Share Posted February 24, 2012 is that not what the trade creditors 10mill down to 2mill was the alukoman alluded towhich means the debt reduction of 17mill included paying off transfer fees, and as studs said above we also sold mendes, ferguson, adam, miller, thomson and wilson, in that time frame,so just where did all the money goThe answer should be in the accounts Quote Link to post Share on other sites More sharing options...
StudsLonniegan 9 Posted February 24, 2012 Author Share Posted February 24, 2012 The answer should be in the accountsThe answer is a lot simpler the board were shit scared of murray, as well as being fuckin incompetent which suited the grasping grape grower down to the fuckin ground, not even on the board and the puppets still dancing to his tune. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,540 Posted February 24, 2012 Share Posted February 24, 2012 The answer should be in the accountswell i dont have a copy by my side, im simply asking if 37million extra in revenue only clears 17mill of debt, and we sell near 10million quid in players in that time as well as paying 10mill in transfer paymentswhere did the rest of the cash go? could it be that we were nowhere near breaking even and the 10mill black hole that whyte alluded to has been there for years Quote Link to post Share on other sites More sharing options...
ogbg 20 Posted February 24, 2012 Share Posted February 24, 2012 well i dont have a copy by my side, im simply asking if 37million extra in revenue only clears 17mill of debt, and we sell near 10million quid in players in that time as well as paying 10mill in transfer paymentswhere did the rest of the cash go? could it be that we were nowhere near breaking even and the 10mill black hole that whyte alluded to has been there for yearsThe 2010 accounts are here: My linkNot sure if its viewable on a phone.Do you mean after operating costs? I think it went into the bank account. Quote Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted February 24, 2012 Share Posted February 24, 2012 next thing you know adoniram will be at ibrox. the times they are a changing.Wow r u saying he does not normally go? Surely not ? Quote Link to post Share on other sites More sharing options...
*Manticore* 1,893 Posted February 24, 2012 Share Posted February 24, 2012 Wow r u saying he does not normally go? Surely not ?It must be some sort of tradition. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted February 24, 2012 Share Posted February 24, 2012 It must be some sort of tradition. Quote Link to post Share on other sites More sharing options...
BelgradeBear 27 Posted February 24, 2012 Share Posted February 24, 2012 It's a lesson to us all and to all supporters groups: just because someone connected to Rangers gives you the time of day does not mean you should suck their cock and believe everything they say. We've had certain fans groups telling us for at least 5 years that David Murray was a total cnt but too many turned a blind eye because they'd fallen for his sliver tongue. We all need to think of the common good for Rangers and not personal pride or gain. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted February 24, 2012 Share Posted February 24, 2012 Wow r u saying he does not normally go? Surely not ?but happily has a go at the likes of goat for his type of support. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,540 Posted February 24, 2012 Share Posted February 24, 2012 The 2010 accounts are here: My linkNot sure if its viewable on a phone.Do you mean after operating costs? I think it went into the bank account.alukoman posted this, i have no reason to doubt himYeah but you have to realise that the picture on 1st July 2009 was wholly different from the picture on 1st May 2011.On 1/7/09 we owed them £27m and we owed trade creditors a further £10m with no cash in the bankOn 1/5/11 we owed them £18m and we owed trade creditors a further £2m with cash in the bankPlease tell me you can see why that would make a difference to the way our club would be run. as you can see from 1/7/09 we owed 37mill and had no cash, then on 1/5/11 we had cleared 17mill of debt and had cash in the bankin between they two dates we soldMendes 1millAdam 500kMiller 500kThomson 2millWilson 2millferguson 1.5millthats 7.5mill of transfer fees we got and im not including any of the extra payments we got for wilson as per the whole dealin the same time we cleared a lot of the 2008 transfer purchases, say 10mill (gunslinger says 9 or more) but they surely must be the trade creditors alukoman was alluding to, if not just who else did we own 10mill to outside of LloydsWe could include the transfers of beattie and half of jelavic as we only paid half of him so far which is 3 millSo thats 17mill of debt cleared, a transfer net spend of maybe 4.5mill and 10mill of transfers cleared (if they arent the trade creditors, i would think they were)thats still only 31.5mill, we made an extra 37mill minimum from europe in they 2 seasons, plus bonuses for winning the SPL etcyou could be looking at a minimum of maybe 8-10mill in the bank apparently (where lol), double that if the trade creditors alukoman mentions ARE the outstanding transfer fees Quote Link to post Share on other sites More sharing options...
StudsLonniegan 9 Posted February 24, 2012 Author Share Posted February 24, 2012 alukoman posted this, i have no reason to doubt himas you can see from 1/7/09 we owed 37mill and had no cash, then on 1/5/11 we had cleared 17mill of debt and had cash in the bankin between they two dates we soldMendes 1millAdam 500kMiller 500kThomson 2millWilson 2millferguson 1.5millthats 7.5mill of transfer fees we got and im not including any of the extra payments we got for wilson as per the whole dealin the same time we cleared a lot of the 2008 transfer purchases, say 10mill (gunslinger says 9 or more) but they surely must be the trade creditors alukoman was alluding to, if not just who else did we own 10mill to outside of LloydsWe could include the transfers of beattie and half of jelavic as we only paid half of him so far which is 3 millSo thats 17mill of debt cleared, a transfer net spend of maybe 4.5mill and 10mill of transfers cleared (if they arent the trade creditors, i would think they were)thats still only 31.5mill, we made an extra 37mill minimum from europe in they 2 seasons, plus bonuses for winning the SPL etcyou could be looking at a minimum of maybe 8-10mill in the bank apparently (where lol), double that if the trade creditors alukoman mentions ARE the outstanding transfer fees 30/01/2008 £9 million roughly, Huttons fee. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,540 Posted February 24, 2012 Share Posted February 24, 2012 30/01/2008 £9 million roughly, Huttons fee.yeah but when was that cleared, i didnt use that as i didnt know how much was paid to us in the timeframes specifiedas it stands i believe that the trade creditors alukoman alluded to were outstanding transfer fees, which means 17mill of debt cleared plus a net spend of 4.5mill, 21mill spent in a timeframe were extra revenue maye well have hit 40mill, say we had 10mill cash in the bank at the end of the timeframe (lords knows how) thats still 9mill loss potentially over 2 seasonsso we werent breaking even under Lloyds and AJ and co, we just relied on europe to bail us out Quote Link to post Share on other sites More sharing options...
Adoniram 1,919 Posted February 24, 2012 Share Posted February 24, 2012 Anyone wants to say what they want to my face I'll be at the Hearts game. You could have said it at the Killie game. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted February 24, 2012 Share Posted February 24, 2012 oh superfan. Quote Link to post Share on other sites More sharing options...
OneDavidCooper 2,505 Posted February 24, 2012 Share Posted February 24, 2012 Quote Link to post Share on other sites More sharing options...
Adoniram 1,919 Posted February 24, 2012 Share Posted February 24, 2012 oh superfan.Like I said if you want to call me that to my face or debate other issues I'll see you there. Your call Quote Link to post Share on other sites More sharing options...
OneDavidCooper 2,505 Posted February 24, 2012 Share Posted February 24, 2012 Anyone wants to say what they want to my face I'll be at the Hearts game. You could have said it at the Killie game. Quote Link to post Share on other sites More sharing options...
*Manticore* 1,893 Posted February 24, 2012 Share Posted February 24, 2012 So is 'superfan' an insult these days? Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted February 24, 2012 Share Posted February 24, 2012 Like I said if you want to call me that to my face or debate other issues I'll see you there. Your call Quote Link to post Share on other sites More sharing options...
OneDavidCooper 2,505 Posted February 24, 2012 Share Posted February 24, 2012 So is 'superfan' an insult these days? T'would seem so. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted February 24, 2012 Share Posted February 24, 2012 Guys come on, it's a forum for god sake and everything re threats and the taig issue is really no place here.Water ducks back, think before you start to call out a fellow bluenose for a square go.Argue your case and quite frankly if anyone takes a reply that badly just ignore it and just answer with smiley face as that nips it in the bud. Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted February 24, 2012 Share Posted February 24, 2012 UNITY! Quote Link to post Share on other sites More sharing options...
marmalade1872 40 Posted February 24, 2012 Share Posted February 24, 2012 Guys come on, it's a forum for god sake and everything re threats and the taig issue is really no place here.Water ducks back, think before you start to call out a fellow bluenose for a square go.Argue your case and quite frankly if anyone takes a reply that badly just ignore it and just answer with smiley face as that nips it in the bud.well said i coudant have put it better Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted February 24, 2012 Share Posted February 24, 2012 UNITY!you and your codes INTYU Quote Link to post Share on other sites More sharing options...
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