Mckay 146 Posted December 19, 2012 Share Posted December 19, 2012 Rangers have pledged to hand manager Ally McCoist up to £30 million for new signings once the club's transfer embargo has been lifted.The club, currently the Scottish Third Division leaders, are barred from buying players until January 2014 but the club has raised £22.5 million from the club's flotation on the stock exchange.Rangers chief executive Charles Green said: "In the presentation we did when we were selling the shares, we said that, of the £22 million, £10 million is put to one side for Ally."Of course, we can't buy players at the moment, we can't do that until January 2014."But between now and then, we'll also have another season's worth of season ticket sales so the cash position will increase."Green added: "We're not saying it's £10 million and only £10 million."If Rangers fans, as we expect, come out and buy their season tickets next year, there is perhaps another £20 million there and that is a fantastic position for the manager, the club and its fans to be in."When we are allowed to go into the market, this club will take the right players and take the right action."This is definitely the springboard for the rebirth of Rangers."Never in the club's history did it sit there with no debt, no borrowings, with cash in the bank."The enterprise value of Rangers is still very, very low and that's why, I believe, institutions have invested in it." Quote Link to post Share on other sites More sharing options...
Maverick_Golfer 11 Posted December 19, 2012 Share Posted December 19, 2012 Exciting times ahead Quote Link to post Share on other sites More sharing options...
Scott-RFC 308 Posted December 19, 2012 Share Posted December 19, 2012 We should use it to buy one class player! Quote Link to post Share on other sites More sharing options...
Blue corn flakes 1,282 Posted December 19, 2012 Share Posted December 19, 2012 Ally with 30 mill to spend. Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted December 19, 2012 Share Posted December 19, 2012 30 million might sound a lot, but bear in mind each of these players will be on 100K a week Quote Link to post Share on other sites More sharing options...
papaguy51 941 Posted December 19, 2012 Share Posted December 19, 2012 Just need a decent scouting set up and we're laughing! Quote Link to post Share on other sites More sharing options...
El Carpintero 546 Posted December 19, 2012 Share Posted December 19, 2012 One of the early mistakes Murray made, telling the world we will spend and what we will spend. Silly, silly, silly but a nice sound bite. Quote Link to post Share on other sites More sharing options...
El Carpintero 546 Posted December 19, 2012 Share Posted December 19, 2012 30 million might sound a lot, but bear in mind each of these players will be on 100K a week Thankfully transfer budgets do not include wages mate. Quote Link to post Share on other sites More sharing options...
AlBear. 8,499 Posted December 19, 2012 Share Posted December 19, 2012 Just need a decent scouting set up and we're laughing!Bet you're really nervous now. Quote Link to post Share on other sites More sharing options...
8watp8 254 Posted December 19, 2012 Share Posted December 19, 2012 please to the love of god do not give that money to mccoist, green would be better off buying players himself. i have no confidence in ally's signings whatsoever so with 30 mill i worry. but by what he is saying, hopefully its to buy younger players which would be good! Quote Link to post Share on other sites More sharing options...
Ger_onimo 20,488 Posted December 19, 2012 Share Posted December 19, 2012 Just need a decent scouting set up and we're laughing!Spot on. I hope we spend wisely in that department before we even think about buying any players. Quote Link to post Share on other sites More sharing options...
bilko89 507 Posted December 19, 2012 Share Posted December 19, 2012 30 million might sound a lot, but bear in mind each of these players will be on 100K a week You must be steaming. Falcao will want more than 100K Quote Link to post Share on other sites More sharing options...
8watp8 254 Posted December 19, 2012 Share Posted December 19, 2012 infact invest 10 million into scouting and coaching and we are laughing Quote Link to post Share on other sites More sharing options...
Skol 401 Posted December 19, 2012 Share Posted December 19, 2012 please to the love of god do not give that money to mccoist, green would be better off buying players himself. i have no confidence in ally's signings whatsoever so with 30 mill i worry. but by what he is saying, hopefully its to buy younger players which would be good!Seems a bit harsh. He's picked up mostly good signings this season I think, under tough circumstances. Quote Link to post Share on other sites More sharing options...
Marco Negri's Beard 1,423 Posted December 19, 2012 Share Posted December 19, 2012 £30m? Blimey. Don't see that happening somehow. Wouldn't really want us to. Sensible signings. Young prospects please Quote Link to post Share on other sites More sharing options...
Scott-RFC 308 Posted December 19, 2012 Share Posted December 19, 2012 We should sign 300 players worth 100k! Quote Link to post Share on other sites More sharing options...
SC1312 153 Posted December 19, 2012 Share Posted December 19, 2012 Quote Link to post Share on other sites More sharing options...
gersandy 594 Posted December 19, 2012 Share Posted December 19, 2012 Any money should be invested wisely. We will sign a dud now and again, but id like to see it minimised. Buy low, sell high. Shop in up and coming markets, develop the player, sell on to the premiership for a profit. Quote Link to post Share on other sites More sharing options...
The Monk 3,209 Posted December 19, 2012 Share Posted December 19, 2012 We should be looking to pick up young players on the cheap like that Fraser and Paterson, no need to spend over £3 million on a player in Scottish football, suppose if we could fork out 1-2mil on a player I'd love to see us sign Mackay-Steven Quote Link to post Share on other sites More sharing options...
8watp8 254 Posted December 19, 2012 Share Posted December 19, 2012 Seems a bit harsh. He's picked up mostly good signings this season I think, under tough circumstances.yeah reading back does sound abit harsh, but he has signed way more dross than good and i believe this season we are relying way more on what we already had / youth with the exception of templeton. Quote Link to post Share on other sites More sharing options...
Ger_onimo 20,488 Posted December 19, 2012 Share Posted December 19, 2012 Even if we do have that to spend, i'm not sure publicising it is a very good idea. That's when £1m players on £5k a week become £5m players on £25k a week. Let's not go down that route again please. Quote Link to post Share on other sites More sharing options...
TheodoreBear 0 Posted December 19, 2012 Share Posted December 19, 2012 We've got such a strong team right now that, by the time we're back into the top flight, we'll easily be fending off teams, and probably give Septic a run for their money. Obviously there are some areas which need to be developed and strengthened, but I feel that the team will grow and learn to play to each others strengths.We've got a good thing going for us, and I think that, of course it was dreadful the treatment of Rangers while being liquidated, that Rangers being liquidated, was one of the best things to happen to us, financially. Obviously there will be some people who disagree, but Rangers are still Rangers, no matter what happens. Then, Now, Forever. Quote Link to post Share on other sites More sharing options...
whytes3 254 Posted December 19, 2012 Share Posted December 19, 2012 Great to see us in asucha stron position - no way we will blowthat sort of money in one window but it is a serious re-biuilding war chest Quote Link to post Share on other sites More sharing options...
TheKingObv 10,877 Posted December 19, 2012 Share Posted December 19, 2012 Thinking of Daniel Sturridge, Steven Naismith, Theo Walcott and Michu.Really make a statement that we mean business. Quote Link to post Share on other sites More sharing options...
rfcfraserrfc 262 Posted December 19, 2012 Share Posted December 19, 2012 Potentially 10 players worth 3 mil each Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.