The Dude 20,026 Posted February 1, 2014 Share Posted February 1, 2014 Withdraw the clubs main source of working capital then how does it survive? Sorry but there's no possible way that can be a solution.I'd like to think even if I was more on the cynical side I wouldn't go that far.Accotding to Brian we are due a 70% increase in sponsor revenue this season (Puma/Blackthorn) as opposed to the Tennants and Umbro deals. We are due an increase in hospitality revenue, The accounts didn't even factor in the 3 kits we released. We also have a 2.5m credit facility available. Our ST income dropped 33% in the 13 months up to June 2013 and at that point in time only 4.5m of the 11m in the bank was from STs. So, its hardly as crucial as its made out to be that we all buy a ST. Quote Link to post Share on other sites More sharing options...
The Dude 20,026 Posted February 1, 2014 Share Posted February 1, 2014 Not just Real and Barca that are in debt though is itIn that case surely the single owner method is 'discredited and unworkable'. Its not just fan owned clubs who have debt. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,928 Posted February 1, 2014 Share Posted February 1, 2014 We should be thinking of ways to make it work rather than reasons that it would not.The reasons for it not working are pretty fucking big Quote Link to post Share on other sites More sharing options...
bawsburst 1,381 Posted February 1, 2014 Share Posted February 1, 2014 Not just Real and Barca that are in debt though is itMore Spanish Don Quixote of sorts ?http://tinyurl.com/dodgy-games Quote Link to post Share on other sites More sharing options...
Straight-Edge-Loyal 6,696 Posted February 1, 2014 Share Posted February 1, 2014 In that case surely the single owner method is 'discredited and unworkable'. Its not just fan owned clubs who have debt.It would need.to be run sustainably and i dont think it would be as i dont see where the funding to run the club would come from. Quote Link to post Share on other sites More sharing options...
The Dude 20,026 Posted February 1, 2014 Share Posted February 1, 2014 It would need.to be run sustainably and i dont think it would be as i dont see where the funding to run the club would come from.All of the current revenue sources plus membership fees from those who are involved in the scheme. It would also be possible to hold a certain % of the overall shareholding for institutional investors to allow further investment in the club. ie 51% fan owners/49% institutions Quote Link to post Share on other sites More sharing options...
1st_Jan_1994 4,868 Posted February 1, 2014 Share Posted February 1, 2014 Fan ownership Never Thankfully Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted February 1, 2014 Share Posted February 1, 2014 Rangers fans would happily pay £20 a month. Imagine 36k doing this. Got to laugh when people on here say "we don't agree with each other" the Rangers support hasn't always agreed with the Rangers board the Rangers board hasn't always agreed with the Rangers fans.It hasn't stopped us being run by investors / board members though. Do you think investors agree with the Rangers support?A club like Rangers with the fan base etc....... will work.Also with Rangers being fan owned maybe we will start to grow some balls when it comes to the media? Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted February 1, 2014 Share Posted February 1, 2014 Accotding to Brian we are due a 70% increase in sponsor revenue this season (Puma/Blackthorn) as opposed to the Tennants and Umbro deals. We are due an increase in hospitality revenue, The accounts didn't even factor in the 3 kits we released. We also have a 2.5m credit facility available. Our ST income dropped 33% in the 13 months up to June 2013 and at that point in time only 4.5m of the 11m in the bank was from STs. So, its hardly as crucial as its made out to be that we all buy a ST.The club budgets for season tickets every year you're delusional if you're being serious Quote Link to post Share on other sites More sharing options...
gmcf 34,632 Posted February 1, 2014 Share Posted February 1, 2014 We should keep all avenues open and not just dismiss them out of hand. However , is this doable ? I don't have the figures ( maybe someone can help ? ) , but I'm pretty sure the amount of fans that bought into the IPO was in the low thousands and not tens of thousands. So to hope 20000 put into it , will be a big ask. Quote Link to post Share on other sites More sharing options...
Muz333 361 Posted February 1, 2014 Share Posted February 1, 2014 While fan ownership may be a path worth pursuing I don't believe the article is in tune with the majority of the support. From the fan groups mentioned to the distrust in the current board. It was of my opinion that most here are willing to give the current board time. Quote Link to post Share on other sites More sharing options...
The Dude 20,026 Posted February 1, 2014 Share Posted February 1, 2014 The club budgets for season tickets every year you're delusional if you're being seriousIn the same way we budgeted for going out of Europe at the first hurdle every year? Quote Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted February 1, 2014 Share Posted February 1, 2014 Or you could 'invest' through the RST and not have a sayYep - the RST have to take some 'responsibility' for sowing mistrust through the fan base for the way they have handled their own governance and operation Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted February 1, 2014 Share Posted February 1, 2014 In the same way we budgeted for going out of Europe at the first hurdle every year?Budgeting for football results is slightly different... Quote Link to post Share on other sites More sharing options...
The Dude 20,026 Posted February 1, 2014 Share Posted February 1, 2014 Budgeting for football results is slightly different...At the end of June we had received 4.5m of ST money and had 11m in the bank with a 2.5m credit facility. It's hardly crucial that we get that money in one fell swoop. Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted February 1, 2014 Share Posted February 1, 2014 At the end of June we had received 4.5m of ST money and had 11m in the bank with a 2.5m credit facility. It's hardly crucial that we get that money in one fell swoop.It really is and has been for some time Quote Link to post Share on other sites More sharing options...
Bobby Hume 13,399 Posted February 1, 2014 Share Posted February 1, 2014 Have Fred Goodwin and Paul Murray got together on this article, and changed first names to confuse us fans ? .I personally, would have to know a lot more about this proposed route than just this article, but if the minority supporters groups mentioned in this article, are what are to be put in front of us as an example of unity among Rangers fans', and foisted upon us as credible standard bearers, then to be honest, it is certain fail, before it even has a chance to be offered up.To be an avenue of positivity, these divisive groups' must have more credible leaders than they have now, to allow this project to bear any fruit. To talk of fan ownership, we must first, have fan unity. This will only be achieved when these groups' throw out their deadwood, and chose leaders who will be acceptable to the majority of fans'. This process, would surely be acceptable, as it is not that far away from what they proposed the majority of fans' should do,concerning board member elections, prior and upto the recent AGM .Until this can be achieved, i'm afraid that fan ownership is as far away from being successful as Craig Whyte asking Big Sandy to step outside onto Edmiston Drive for a square go. It just will not happen. Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted February 1, 2014 Share Posted February 1, 2014 Great idea and must be done , pity too many of our fans will be pushing an agenda , some of our fans will not participate in this plan , infact they will go out of their way to wreck it or sabotage it , even if its to the detriment of the club they say they love ....already in this thread it has begun, with attacks on supporters groups , i have no doubt some supporters would rather see the club go to the wall , than unite or get on board with certain groups and people ...Are you referring to the supporters groups there as it was them calling on fans to avoid renewing and starving the club of cash. You might have got away with that but for those pesky memories It was minico and the groups that split the fans with their smear campaigns so you just look foolish calling for unity now and blaming everyone else.Lest we forget. Quote Link to post Share on other sites More sharing options...
Straight-Edge-Loyal 6,696 Posted February 1, 2014 Share Posted February 1, 2014 All of the current revenue sources plus membership fees from those who are involved in the scheme. It would also be possible to hold a certain % of the overall shareholding for institutional investors to allow further investment in the club. ie 51% fan owners/49% institutionsNot a chance would investers sell more than half the club at a loss though it simply wouldnt work people can barely afford to live at the moment let alone find an extra £20 a month or whatever it is. Quote Link to post Share on other sites More sharing options...
Johnny Hubbard 280 Posted February 1, 2014 Share Posted February 1, 2014 All the wee capitalist toadies touching their forelocks to the board might suit the right wing nut jobs and board plants on here who are intent on serving their masters. Notice is served......your P45's are in the post."Capital is dead labour, which, vampire-like, lives only by sucking living labour, and lives the more, the more labour it sucks."The PEOPLE will own our club.....your time is up Quote Link to post Share on other sites More sharing options...
onefootwillie 1,519 Posted February 1, 2014 Share Posted February 1, 2014 Fans buying the club has got to be the way forward , just look at the German clubs . I don't know much about the various fans groups but if we have it on 1 vote for every member then it's democracy. Far better than the rubbish we have had to put up with Quote Link to post Share on other sites More sharing options...
Bothwellbear 1,392 Posted February 1, 2014 Author Share Posted February 1, 2014 Not a chance would investers sell more than half the club at a loss though it simply wouldnt work people can barely afford to live at the moment let alone find an extra £20 a month or whatever it is.8000 Hearts fans are doing it. They can afford it. Why can we not? Quote Link to post Share on other sites More sharing options...
The Dude 20,026 Posted February 1, 2014 Share Posted February 1, 2014 It really is and has been for some timeThe numbers say otherwise... Quote Link to post Share on other sites More sharing options...
Johnny Hubbard 280 Posted February 1, 2014 Share Posted February 1, 2014 8000 Hearts fans are doing it. They can afford it. Why can we not?that says everything ! Quote Link to post Share on other sites More sharing options...
1st_Jan_1994 4,868 Posted February 1, 2014 Share Posted February 1, 2014 that says everything !No it doesn't The situations are different We now have established investors and share holders running the club Hearts are up for tender with a fans group in the forefront We had our chance So called Rangers men with money like McColl, Gillespies, Murray, Smilie, Parl etc had their chance and as fans the fact the fighting fund raised the mere sum of 500k says it all Quote Link to post Share on other sites More sharing options...
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