ForeverBlue_Since91 2,895 Posted December 18, 2012 Share Posted December 18, 2012 Last i heard their should be around 5million from this IPO. I think their was 10million their for the fans to take? Does this mean that the all the things Green was talking about ie stadium upgrades etc are fucked now? Or will that still go ahead? Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 18, 2012 Share Posted December 18, 2012 Last i heard their should be around 5million from this IPO. I think their was 10million their for the fans to take?Does this mean that the all the things Green was talking about ie stadium upgrades etc are fucked now?Or will that still go ahead?£4m from their original one.........think the immigrants have had three in total. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted December 18, 2012 Author Share Posted December 18, 2012 £4m from their original one.........think the immigrants have had three in total.Did Murray do one of these? So the manky mob have had three share issues and only raised 4million?Did i not read someones post on here the other day some fud called "in the know" and he brought this up as if it was amazing? Rangers fans have put more money into their club in the last 4 months alone than the majority of other clubs fans in Scotland have.They never mention this fact though in Scotland. Quote Link to post Share on other sites More sharing options...
The Godfather 75,952 Posted December 18, 2012 Share Posted December 18, 2012 The worst time of year to have this kind of think tbh. Lucky I saved with this on the cards. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted December 18, 2012 Author Share Posted December 18, 2012 Depends how much they can bring in from business investors. Well theirs 17million their from investors then add the money the fans have put in their is 20million their straight away.Looking good to me no matter what STV or the papers say. Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted December 18, 2012 Share Posted December 18, 2012 £4m from their original one.........think the immigrants have had three in total.He means 'there' Ed - he's talking about Rangers, not 'them' Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted December 18, 2012 Share Posted December 18, 2012 The worst time of year to have this kind of think tbh.Lucky I saved with this on the cards.I can only assume that CG knew that too, and that he had his own motives for issuing it now - and I'm fine with that - he's much smarter than me.I know he said "I promised before the end of the year" but I'm also sure that he could have easily adapted that promise, and we would have been happy, not angry. So the fact that he didn't suggests he had reasons. Quote Link to post Share on other sites More sharing options...
JCDBigBear 11,009 Posted December 18, 2012 Share Posted December 18, 2012 £4m from their original one.........think the immigrants have had three in total.ED: I think more than a fan meant to use "there" instead of "their"!! Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 18, 2012 Share Posted December 18, 2012 ED: I think more than a fan meant to use "there" instead of "their"!! Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted December 18, 2012 Share Posted December 18, 2012 Attention MTAF:there is and there are.Their means it belongs to themThey're is short for they areYou keep confusing us all with all of your theirs!Sort it out !!! Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 18, 2012 Share Posted December 18, 2012 He means 'there' Ed - he's talking about Rangers, not 'them' Quote Link to post Share on other sites More sharing options...
wearethemighty 186 Posted December 18, 2012 Share Posted December 18, 2012 CG wanted to raise £20M in total, I think he has raised around £17M from investors and this £5M from fans will take it past his target Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted December 18, 2012 Share Posted December 18, 2012 He also said on Scotland Tonight that any of the fans' allocation which isn't taken up will be gladly taken up by the big investors. Quote Link to post Share on other sites More sharing options...
1873bear 192 Posted December 18, 2012 Share Posted December 18, 2012 The share issue should have been at a later date if that was possible & the minimum amount was too much for people at this time of year.....Hopefully it goes well for us. Quote Link to post Share on other sites More sharing options...
JCDBigBear 11,009 Posted December 18, 2012 Share Posted December 18, 2012 I know Charles Green said that he wanted to have the IPO this year but he should probably have waited until spring. However I have a notion that having it earlier was a case of "striking while the iron is hot" in relation to the institutional/corporate investors. He probably felt it was better to go for it now. Some fans have complained that there wasn't enough notice but it was about three months ago when it was mooted for December. I'm not sure if Charles is particularly concerned about supporters not taking up their full allocation as he stated that the corporate investment was over-subscribed and he could go back to them. I'm not opposed to that idea. I can fully understand that £500 is a significant amount to many fans but there must be thousands of others who can easily afford that amount. For those people who could afford but haven't signed up, after today if you haven't subscribed then don't complain about how the Club is run in the future. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 18, 2012 Share Posted December 18, 2012 I know Charles Green said that he wanted to have the IPO this year but he should probably have waited until spring. However I have a notion that having it earlier was a case of "striking while the iron is hot" in relation to the institutional/corporate investors. He probably felt it was better to go for it now. Some fans have complained that there wasn't enough notice but it was about three months ago when it was mooted for December. I'm not sure if Charles is particularly concerned about supporters not taking up their full allocation as he stated that the corporate investment was over-subscribed and he could go back to them. I'm not opposed to that idea. I can fully understand that £500 is a significant amount to many fans but there must be thousands of others who can easily afford that amount. For those people who could afford but haven't signed up, after today if you haven't subscribed then don't complain about how the Club is run in the future.I am in agreement re CG not that overly worried about fans taking up allocation..........it can and would be a can of worms . Just to have that one share if that's what a fan wants to have his name on a share certificate. Quote Link to post Share on other sites More sharing options...
JCDBigBear 11,009 Posted December 18, 2012 Share Posted December 18, 2012 I am in agreement re CG not that overly worried about fans taking up allocation..........it can and would be a can of worms . Just to have that one share if that's what a fan wants to have his name on a share certificate.It is my opinion that if CG really wanted to concentrate on fan ownership he would have delayed the IPO until next spring. Clearly he thinks it better to get the corporate investment now. £17m would be 34k fans at £500 and you can imagine the struggle to get that. 2000 fans per £1m is a lot of trouble when you can get a dozen or so investors to come up with £17m. Quote Link to post Share on other sites More sharing options...
ger50champ 300 Posted December 18, 2012 Share Posted December 18, 2012 Just purchased mine .Makes you feel great knowing your doing your bit for the club we love .There will be negative spin no matter what from the rancids but I don't give a fuck what they say Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 18, 2012 Share Posted December 18, 2012 It is my opinion that if CG really wanted to concentrate on fan ownership he would have delayed the IPO until next spring. Clearly he thinks it better to get the corporate investment now. £17m would be 34k fans at £500 and you can imagine the struggle to get that. 2000 fans per £1m is a lot of trouble when you can get a dozen or so investors to come up with £17m.And less hassle. Quote Link to post Share on other sites More sharing options...
JCDBigBear 11,009 Posted December 18, 2012 Share Posted December 18, 2012 And less hassle.Yes indeed. Separately, I have to say I'm already looking forward to the next AGM. Quote Link to post Share on other sites More sharing options...
BRITNEY IS NOT FEELING IT 8,293 Posted December 18, 2012 Share Posted December 18, 2012 CG did say last week on scotland tonight ( Hello I'm John Mackay ) , that if the fans don't take up all the quota of shares , the corporate investment company's would Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 18, 2012 Share Posted December 18, 2012 Yes indeed. Separately, I have to say I'm already looking forward to the next AGM.I think the 1st will be all sweetness and lovey dovey unless the rst come in dressed in battle fatigues Quote Link to post Share on other sites More sharing options...
GMac 1,405 Posted December 18, 2012 Share Posted December 18, 2012 I think CG will want as much in place at the earliest possible time certainly in time for the start of next season i.e Rangers Media outlets, club shop, ticket office and other upgrades. Think the timing is correct. Quote Link to post Share on other sites More sharing options...
JCDBigBear 11,009 Posted December 18, 2012 Share Posted December 18, 2012 I think the 1st will be all sweetness and lovey dovey unless the rst come in dressed in battle fatigues Don't start me on the RST. First question from you know who: Can I get a seat on the board as fans' representative?I don't know what I'll find funniest, the "seat on the board" bit or the "fans' representative" bit. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 18, 2012 Share Posted December 18, 2012 Don't start me on the RST. First question from you know who: Can I get a seat on the board as fans' representative?I don't know what I'll find funniest, the "seat on the board" bit or the "fans' representative" bit. Yet many cannot see that the man , well is not really for the club as more for a bank account and what he can get re sitting in a certain area within the ground. Quote Link to post Share on other sites More sharing options...
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