woodvale1690 43 Posted August 23, 2013 Share Posted August 23, 2013 Of course not, not even Mather has seen them as they are still being audited.However, at the recent fans meeting Stockbridge confirmed this to be the case.miss or diss information Quote Link to post Share on other sites More sharing options...
woodvale1690 43 Posted August 23, 2013 Share Posted August 23, 2013 daly has now converted to the orange club Quote Link to post Share on other sites More sharing options...
woodvale1690 43 Posted August 23, 2013 Share Posted August 23, 2013 how you keeping bawsburst,why the name change?ye ha partner, no not him, how u no watchin the game live, i am 6-0 gers Quote Link to post Share on other sites More sharing options...
scott12003 724 Posted August 23, 2013 Share Posted August 23, 2013 Woodvale with 3 posts in a row...Hahaha get it up ye scum Quote Link to post Share on other sites More sharing options...
TheFarmer 260 Posted August 23, 2013 Share Posted August 23, 2013 Mather has done well in the small amount of time he has been CEO.Walter wants him to stay, that's good enough for me. Quote Link to post Share on other sites More sharing options...
TheFarmer 260 Posted August 23, 2013 Share Posted August 23, 2013 not the worst, we paid off all footbaloing debts, the initial investor group paid the wages of the players before liquidation, the 5.5million paid for the club might well be paid off for all we know, edminston house and albion car park bought outright, big payoffs to boca and goian, and for all we know stadium upgrades and other expenses were paid offuntil the accounts come out we know heehawWait, so you're saying Green and Co didn't actually put in the £5.5m to buy the club?Genuine question? Quote Link to post Share on other sites More sharing options...
woodvale1690 43 Posted August 23, 2013 Share Posted August 23, 2013 Woodvale with 3 posts in a row...Hahaha get it up ye scumare u who he wants u to be Quote Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted August 23, 2013 Share Posted August 23, 2013 We are too big a club to have someone 'learning'.Thats a bit harsh - it was only a DP Quote Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted August 23, 2013 Share Posted August 23, 2013 Only ones losing here is the club, it's not difficult ... really.Last season we sold 38,000 ST's = £8-10mThis season ST sales are 34,000 = £6-8mPre-IPO we raised £12m (confirmed by Ahmed)We raised £22m during IPOThat is a total of just over £50m raised over 2 years (not counting commercial deals, ticket sales from public sales etc)Mather AND Stockbridge have confirmed we have £10m in the bank right now.That means we have burned through £40m in ONE season, are you getting this ..... we spent £40MILLION to get promoted from Div3 to Div2 in ONE season !!Do you think that is financially sound, is that the performance you expect from our board ??Be patient - wait till you see the accounts - before ranting off on one. Quote Link to post Share on other sites More sharing options...
SteveJ 743 Posted August 23, 2013 Share Posted August 23, 2013 not the worst, we paid off all footbaloing debts, the initial investor group paid the wages of the players before liquidation, the 5.5million paid for the club might well be paid off for all we know, edminston house and albion car park bought outright, big payoffs to boca and goian, and for all we know stadium upgrades and other expenses were paid offuntil the accounts come out we know heehawThe £5.5M was repaid in last years audited accounts, along with the footballing debts. Edminston House and Albion should appear in this years accounts, along with player pay off fees and maintenance for the stadium.So, end of year accounts gave us a bank balance of around £23M and the interim balance for 2013/14 will be £10M or less. Looking at it like that, you wonder what the fuss is, but you have to consider the fact that the 2013/14 season ticket money is not factored in my synopsis there. Quote Link to post Share on other sites More sharing options...
jintybear 8,748 Posted August 23, 2013 Share Posted August 23, 2013 Can someone explain the significance of having the £10 million in the bank at the end of the financial year? Does that mean we had the £10 million plus this seasons ticket money with the money from Puma and Sports Direct deals still to come?If that is so, it blows a lot of the concerns, issues being used against the current board out the water and puts a big question on why people are talking about administration again.That's what I took from it. The financial year starts in April so therefore if what Mather is saying is correct then we should have all this year's ST money still to be added on to that as well as the other cash due. I sincerely hope this is the case. Quote Link to post Share on other sites More sharing options...
woodvale1690 43 Posted August 23, 2013 Share Posted August 23, 2013 The £5.5M was repaid in last years audited accounts, along with the footballing debts. Edminston House and Albion should appear in this years accounts, along with player pay off fees and maintenance for the stadium.So, end of year accounts gave us a bank balance of around £23M and the interim balance for 2013/14 will be £10M or less. Looking at it like that, you wonder what the fuss is, but you have to consider the fact that the 2013/14 season ticket money is not factored in my synopsis there.correcto moodo, add shirt sales, mechandise, sponsors we are lookin good Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted August 23, 2013 Share Posted August 23, 2013 No surprise to here that the papers are a shower of lying bastards. I don't know how many lies they can spout about Rangers before people relies what they are doing.The papers have caused alot of fighting on here in the last week with there edited made of storys. Quote Link to post Share on other sites More sharing options...
yoga bear 20 Posted August 23, 2013 Share Posted August 23, 2013 Spoke well and didn't realise he has invested £1million of his own money into Rangers.how could he invest £1milion in Rangers without knowing about it? Quote Link to post Share on other sites More sharing options...
adam2102 662 Posted August 23, 2013 Share Posted August 23, 2013 how could he invest £1milion in Rangers without knowing about it?I didn't realise he had invested £1million into Rangers. Quote Link to post Share on other sites More sharing options...
rankbadyin 11 Posted August 23, 2013 Share Posted August 23, 2013 That's what I took from it. The financial year starts in April so therefore if what Mather is saying is correct then we should have all this year's ST money still to be added on to that as well as the other cash due. I sincerely hope this is the case.The financial year for the club starts on 1st July. Quote Link to post Share on other sites More sharing options...
woodvale1690 43 Posted August 23, 2013 Share Posted August 23, 2013 how could he invest £1milion in Rangers without knowing about it?are u no banned Quote Link to post Share on other sites More sharing options...
SteveJ 743 Posted August 23, 2013 Share Posted August 23, 2013 correcto moodo, add shirt sales, mechandise, sponsors we are lookin goodYou may be right but I was not painting a pretty picture, as all you have mentioned there, is income that should be added prior to the £10M balance! Quote Link to post Share on other sites More sharing options...
Brubear 2,972 Posted August 23, 2013 Share Posted August 23, 2013 That's what I took from it. The financial year starts in April so therefore if what Mather is saying is correct then we should have all this year's ST money still to be added on to that as well as the other cash due. I sincerely hope this is the case.I think the end of the financial year for Rangers is 30th June which would be even better as it would mean all last seasons costs incurred but no ST money for this season in the figure. What worries me is Stockbridge is meant to be the CFO but when has quoted this figure he gave no clarity which was at the best poor communication and at the worst he did not actually know. Quote Link to post Share on other sites More sharing options...
yoga bear 20 Posted August 23, 2013 Share Posted August 23, 2013 are u no bannedno; are u no pissed? Quote Link to post Share on other sites More sharing options...
Blade 38 Posted August 23, 2013 Share Posted August 23, 2013 zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzYou're a dozy bastard ! Wake up ! Quote Link to post Share on other sites More sharing options...
sergio 1,199 Posted August 23, 2013 Share Posted August 23, 2013 Why doesn't everyone just wait on the Audited Accounts before they go shouting about the clubs finances, honestly, you couldn't redden some necks on here with a blow torch. Quote Link to post Share on other sites More sharing options...
scott12003 724 Posted August 23, 2013 Share Posted August 23, 2013 ffs woodvale still herehes a CUNT not a rangers fan.there has been many before him but i decided to target him Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted August 23, 2013 Share Posted August 23, 2013 Why doesn't everyone just wait on the Audited Accounts before they go shouting about the clubs finances, honestly, you couldn't redden some necks on here with a blow torch.When are the accounts out? Quote Link to post Share on other sites More sharing options...
elephants stoned 2,994 Posted August 23, 2013 Share Posted August 23, 2013 how could he invest £1milion in Rangers without knowing about it?Perhaps he was on a Bender with MM and forgot, the things you get up tae when your pished Quote Link to post Share on other sites More sharing options...
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