Redwhiteandblue 3,330 Posted December 20, 2012 Share Posted December 20, 2012 He has said he is here to make money. I'm absolutely fine with that.How is he going to do it though?Him and his investors invested mininmum £5.5m straight away. Am guessing lawyers fees and all the admin fees would have cost a good few million as well.We still haven't been told, and as far as I'm aware, no one has asked, where exactly are they going to be taking the initial investment from to pay back the cash they spent at the start.Also, they will be looking for a return on that investment. How much of a return were they after?Has this amount risen as they have noticed there is more money to be made that they probably first thought? If so, how much are they after now, and which income will this be deducted from and when?I know they all also own shares, and will obviously make money on them when they sell them. Am guessing this is where they origanally thought this would be their profit, but has probably changed no they know there is more to be made.Will we forever be owned by multiple investors? I cant see anyone coming in with a wad of cash that would entice all the major shareholders to sell at the same time. How many shares are needed to have a controling stake in the club? According to the prospectus, Charles ownes the most amount of shares, but he said he can be sacked at anytime. Who could sack him? Have any of these questions been answered and I have just missed them?I think they are quite important questions we should know about, as they directly affect our future in every single way.Surely with Charles being the largest single share holder, he can't be sacked. Can he? Anyway, it's the first couple of questions I'm more concerned about, so think about them first please. Quote Link to post Share on other sites More sharing options...
Blue Nosed Babe 21,524 Posted December 20, 2012 Share Posted December 20, 2012 Perhaps this is why he floated the idea of selling naming rights. There is also the marketability of Rangers as a global brand. Quote Link to post Share on other sites More sharing options...
trueblue68 2,497 Posted December 20, 2012 Share Posted December 20, 2012 I thought the same thing myself, and listening to this guy below i think he will make his profit from selling us on for a big profit, and that will be his aim.http://www.bbc.co.uk/news/business-20781261 Quote Link to post Share on other sites More sharing options...
Redwhiteandblue 3,330 Posted December 20, 2012 Author Share Posted December 20, 2012 I thought the same thing myself, and listening to this guy below i think he will make his profit from selling us on for a big profit, and that will be his aim.http://www.bbc.co.uk/news/business-20781261Its seems our playing budget will have to come directly from season tickets in the future then, as I doubt there will be any more share issues. The way it should be tbh. Still doesn't answer any of the questions in my OP though. Quote Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted December 20, 2012 Share Posted December 20, 2012 they make there money by having publicly tradable shares that go up in value and by paying dividends on those shares if they hold on to them. the share float yesterday valued their share at about £20 m so if they put £10 m they have doubled their money. green will also have a decent salary. Quote Link to post Share on other sites More sharing options...
Edmiston Drive 3,846 Posted December 20, 2012 Share Posted December 20, 2012 they make there money by having publicly tradable shares that go up in value and by paying dividends on those shares if they hold on to them. the share float yesterday valued their share at about £20 m so if they put £10 m they have doubled their money. green will also have a decent salary.tut tut shocking post.................. Quote Link to post Share on other sites More sharing options...
Big Al 55 9,539 Posted December 20, 2012 Share Posted December 20, 2012 As far as I'm aware the £5.5M purchase price shows up as a debt on our books.Also read that Green wasn't taking a salary so if true you would assume that he invested no cash, the shares are his renumeration. Although that may have been the plan when they thought it was going to be a short turnaround.The sale of the club or his shares at least will be how he will make his money and yes he can be sacked as he can still be a shareholder without being employed as the CEO. Quote Link to post Share on other sites More sharing options...
nachothelegend 1,932 Posted December 20, 2012 Share Posted December 20, 2012 Everything at the Club is for sale . Quote Link to post Share on other sites More sharing options...
Brian Fantana 28,894 Posted December 20, 2012 Share Posted December 20, 2012 when he sells his share he will make a profit. Quote Link to post Share on other sites More sharing options...
Redwhiteandblue 3,330 Posted December 20, 2012 Author Share Posted December 20, 2012 As far as I'm aware the £5.5M purchase price shows up as a debt on our books.Also read that Green wasn't taking a salary so if true you would assume that he invested no cash, the shares are his renumeration. Although that may have been the plan when they thought it was going to be a short turnaround.The sale of the club or his shares at least will be how he will make his money and yes he can be sacked as he can still be a shareholder without being employed as the CEO.I'm sure I heard him say he took his first salary a month or 2 ago?? how would a sacking work? Who would do it?Am guessing it would be the share holders, but how can the share holders get together and talk to each other if we don't even know the names of some of the large share holders - Blue pitch for example? Quote Link to post Share on other sites More sharing options...
Redwhiteandblue 3,330 Posted December 20, 2012 Author Share Posted December 20, 2012 when he sells his share he will make a profit.Obviously, but is that the only way he is making money out the club? Quote Link to post Share on other sites More sharing options...
Big Al 55 9,539 Posted December 20, 2012 Share Posted December 20, 2012 I'm sure I heard him say he took his first salary a month or 2 ago?? how would a sacking work? Who would do it?Am guessing it would be the share holders, but how can the share holders get together and talk to each other if we don't even know the names of some of the large share holders - Blue pitch for example?It would take a majority decision from the board fo directors to sack him. Quote Link to post Share on other sites More sharing options...
RM Monitor And Standards Officer 112,894 Posted December 20, 2012 Share Posted December 20, 2012 Maybe Andy Webster is part of his cunning plan Quote Link to post Share on other sites More sharing options...
Brian Fantana 28,894 Posted December 20, 2012 Share Posted December 20, 2012 Obviously, but is that the only way he is making money out the club?his tenure is a long term investment. He bought everything for £5.5million but the value of our stock has shot skywards from that figure and this will only keep increasing as sure as we are buying tickets and we have investments and sponsorship. When he comes to sell his share our value could topple £100 million dependant on sponsorship, outside investment etc. so for that £5.5million, he could walk away with say £25 million when someone wants to buy him out or he floats his shares he will quite rightly be taking a salary, but i don't believeing he's skimming money off the top when we get £5 million paid into us. Quote Link to post Share on other sites More sharing options...
Redwhiteandblue 3,330 Posted December 20, 2012 Author Share Posted December 20, 2012 Maybe Andy Webster is part of his cunning plan I don't think he's trying to get himself the sack lol. Quote Link to post Share on other sites More sharing options...
Redwhiteandblue 3,330 Posted December 20, 2012 Author Share Posted December 20, 2012 his tenure is a long term investment. He bought everything for £5.5million but the value of our stock has shot skywards from that figure and this will only keep increasing as sure as we are buying tickets and we have investments and sponsorship. When he comes to sell his share our value could topple £100 million dependant on sponsorship, outside investment etc. so for that £5.5million, he could walk away with say £25 million when someone wants to buy him out or he floats his shares he will quite rightly be taking a salary, but i don't believeing he's skimming money off the top when we get £5 million paid into us.I guess he's going to want to sell his shares when they peak, but who is going to want to buy shares that have peaked without getting a controling stake in the company?I think he will struggle to sell his shares, unless he does it when we're in the first division. Quote Link to post Share on other sites More sharing options...
Redwhiteandblue 3,330 Posted December 20, 2012 Author Share Posted December 20, 2012 It would take a majority decision from the board fo directors to sack him.Who's all on the board? Imran Ahmed, Brian Stockbridge, Malcolm Murray. Anyone else? Who is their boss? Quote Link to post Share on other sites More sharing options...
Big Al 55 9,539 Posted December 20, 2012 Share Posted December 20, 2012 Who's all on the board? Imran Ahmed, Brian Stockbridge, Malcolm Murray. Anyone else? Who is their boss?Their boss are the shareholders. Those with the controlling interest ultimately. Quote Link to post Share on other sites More sharing options...
MaddistonKnight 1,577 Posted December 20, 2012 Share Posted December 20, 2012 Because you are a shareholder it doesn't mean youi can't be sacked. Anyone can get the push, unless you are a majority shareholder when it would obviously be a bit more difficult!I don't care how much Mr Green makes from us, as long as he leaves us in a healthy state with a viable future and no/minimal debt. If you want to talk about taking money out of the club have a look at some of the figures against a good few names in the run up to our troubles. Murray took ridiculous amounts out of the club for one. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted December 20, 2012 Share Posted December 20, 2012 He has said he is here to make money. I'm absolutely fine with that.How is he going to do it though?Him and his investors invested mininmum £5.5m straight away. Am guessing lawyers fees and all the admin fees would have cost a good few million as well.We still haven't been told, and as far as I'm aware, no one has asked, where exactly are they going to be taking the initial investment from to pay back the cash they spent at the start.Also, they will be looking for a return on that investment. How much of a return were they after?Has this amount risen as they have noticed there is more money to be made that they probably first thought?If so, how much are they after now, and which income will this be deducted from and when?I know they all also own shares, and will obviously make money on them when they sell them. Am guessing this is where they origanally thought this would be their profit, but has probably changed no they know there is more to be made.Will we forever be owned by multiple investors? I cant see anyone coming in with a wad of cash that would entice all the major shareholders to sell at the same time.How many shares are needed to have a controling stake in the club? According to the prospectus, Charles ownes the most amount of shares, but he said he can be sacked at anytime. Who could sack him? Have any of these questions been answered and I have just missed them?I think they are quite important questions we should know about, as they directly affect our future in every single way.Surely with Charles being the largest single share holder, he can't be sacked. Can he?Anyway, it's the first couple of questions I'm more concerned about, so think about them first please.See the interview in the Scotsman Quote Link to post Share on other sites More sharing options...
GOAT 30,449 Posted December 20, 2012 Share Posted December 20, 2012 Still not giving Green my full trust, half the thinga he says are just to get the fans on board. He's saying the right things but so far very few have came up. Quote Link to post Share on other sites More sharing options...
Brian Fantana 28,894 Posted December 20, 2012 Share Posted December 20, 2012 I guess he's going to want to sell his shares when they peak, but who is going to want to buy shares that have peaked without getting a controling stake in the company?I think he will struggle to sell his shares, unless he does it when we're in the first division.well why are fans buying shares without getting a controlling stake? With the share issue everything was set at a price and the money went to the club. Now they are on market they will sell for more/less with the money be it profit or loss, going to the share owner.Green will sell when he feels he will make enough back then it's up to the remaining owners to ensure that we can keep investment etc going without him, which is a worry that we will need to face in the future, but anyone buying in must surely have ideas or they wouldn't invest. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted December 20, 2012 Share Posted December 20, 2012 Still not giving Green my full trust, half the thinga he says are just to get the fans on board. He's saying the right things but so far very few have came up.I'm sure he won't be losing much sleep over that.The list of things he has delivered on is much much longer than the list he hasn't, renaming Murray Park being the only one I can think of. Quote Link to post Share on other sites More sharing options...
gersandy 594 Posted December 20, 2012 Share Posted December 20, 2012 Surely the times of washing our dirty laundry in public are gone. We have Walter Smith and Ally McCoist on the board now. Rest assured if theres anything untoward happening, they'll be first on it. Quote Link to post Share on other sites More sharing options...
bornabear 6,275 Posted December 20, 2012 Share Posted December 20, 2012 As I see it, Charles Green came in when no one else would and ploughed his money into the Club andhas always said he is there to make money out of it.The biggest way for him to make money is to have a share issue, which he has successfully done despitethere being a world recession. This proves he is a very astute business man.His shares are locked for two years before he can sell them, so he is here for a while yet.Yes, he has bragged a bit, which is a good thing, it shows he is confident and that attracted investors.I look back to 6 months ago when we didn't have 2 pennies to rub together and now we're worth £45M, are debtfree and money in the bank.Charles Green also backs the Club from attacks from outsiders, something which has been missing for a long time.He has done what he said he would so far and his story isn't over yet, so when the day comes when he decides tocall in his shares, he will be applauded forever and a day. 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.