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Rangers "£100 million plan"


Gaz92

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Other operating expenses. Squad enchancing? All these things happening just now will become running costs as the years go on. Also, there's nothing wrong with having £70m in the bank. I'd rather £70m doing little than £7m disappearing at a worrying rate.

Or a nice little dividend for the shareholders? :wink:

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Mr Stockbridge said: "It is about looking at new things the club has never done before to generate revenue, but without ripping people off. This is more than a football club. It is a global brand. Anything that can be done to improve the revenue for the club and commercialise things in a more effective way should be looked at."

While the exact reconstruction of the Scottish football leagues remains undecided, Mr Stockbridge is adamant the club does not need to be playing in the top flight to be profitable.

He admits to being "horrified" at some commercial contracts into which the club had previously been tied, but is delighted with where it now stands.

Interesting quote which provides more backing for those who claimed Murray's deal's with other MIH companies did us over.

I wonder how much he took out, by personal EBT or otherwise.

It also weakens the arguments of critics trying to score points over imaginary "unfair sporting advantages".

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"The Puma deal is a very good one. Typically, a manufacturer pays upfront and will claw that back at the end through the shirt prices.

"With Puma, I negotiated that we get a very high royalty rate on everything, even what we sell in the shop here at Ibrox."

A naming-rights deal for Ibrox is due to be in place for the start of the next season, with Sports Direct one potential partner.

The sales figures for online streaming of Rangers games this season are described as encouraging and the venture is "profitable". The club is also in discussions over rolling out WiFi around Ibrox and upgrading the electronic displays.

While Blackthorn Cider has agreed a deal to be shirt sponsor, Mr Stockbridge is looking for an additional brand to place on the youth team strips as they cannot carry alcohol advertising.

Mr Stockbridge said: "It is about looking at new things the club has never done before to generate revenue, but without ripping people off. This is more than a football club. It is a global brand. Anything that can be done to improve the revenue for the club and commercialise things in a more effective way should be looked at."

While the exact reconstruction of the Scottish football leagues remains undecided, Mr Stockbridge is adamant the club does not need to be playing in the top flight to be profitable.

He admits to being "horrified" at some commercial contracts into which the club had previously been tied, but is delighted with where it now stands.

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