Polo 1,435 Posted February 11, 2017 Share Posted February 11, 2017 Just now, eosmhdo said: Loan, loan, loan. He never promised loans, he promised cash and if it's gifted it's not a problem He was never going to gift it to all the other shareholders. No-one in their right mind would do that. If they convert the soft loans into shares then that would be as good as a gift but without benefiting other shareholders and it would increase their percentage ownership. That's what they're planning on doing but they can't. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,778 Posted February 11, 2017 Share Posted February 11, 2017 20 minutes ago, PRW. said: The account showed 14m put in and they were released around September time. Go look at them.  where did that 14mill go though given the accounts were up to the end of last season where we didnt really spend much if anything, and that same season the fans came back in droves, we reached the scottish cup final which can be worth a cool mill given the TV revenue from the semi final etc and had some damn fine crowds throughout the season Quote Link to post Share on other sites More sharing options...
Siam69 27,159 Posted February 11, 2017 Share Posted February 11, 2017 10 minutes ago, LeeWallaceRFC said: Garner and Barton alone are 4million. Then there's O'Halloran, Dodoo, Alnwick, Windass. Then wages on the likes of Kranjcar, Senderos, Rossiter, Hill. All that before factoring in the new contracts given to Kiernan, Halliday, Tavernier and the likes. It's not difficult to see where the money went. Warburton wasted a lot of money on a lot of shite. He wasn't good enough and he failed. Simple as that. Pesky facts, never catch on in here ... Quote Link to post Share on other sites More sharing options...
Blue Avenger 22,567 Posted February 11, 2017 Share Posted February 11, 2017 He is treating us like the prick that he is. This mendacious character needs hunted. Quote Link to post Share on other sites More sharing options...
sassaaaa 11,406 Posted February 11, 2017 Share Posted February 11, 2017 Just now, Rangers_no1 said: Never trusted King and never will, guy is a lying prick. £18m - what a load of garbage. Knew fans would finally see sense over King after so long, but it's concerning reading numerous of our fans buying into this guy's pish still, probably same ones that believe and respect that clown Houston. We all know they have spunked millions , but what annoys folk is it wasn't Kings millions, it was the fans cash that kept us going. Quote Link to post Share on other sites More sharing options...
PRW. 5,631 Posted February 11, 2017 Share Posted February 11, 2017 13 minutes ago, stfu said: That's great it means we still have £46 Million left to collect. Aye? How come mate? Quote Link to post Share on other sites More sharing options...
Young Bob 1,360 Posted February 11, 2017 Share Posted February 11, 2017 Any money that will end up as shares should not be included in these figures. Much the same as a fans group handing over 50 million tomorrow and asking its repaid at 2 million a year. The fans are the biggest investors in Rangers. The only return they get is entry to cramped seating in the stadium. King and the Board need to learn about investing in Rangers. Quote Link to post Share on other sites More sharing options...
PRW. 5,631 Posted February 11, 2017 Share Posted February 11, 2017 6 minutes ago, Rangers_no1 said: Never trusted King and never will, guy is a lying prick. £18m - what a load of garbage. Knew fans would finally see sense over King after so long, but it's concerning reading numerous of our fans buying into this guy's pish still, probably same ones that believe and respect that clown Houston. Just dealing in facts mate. Fact is they have put in £14m, as it said in the accounts around September time. King is suggesting another £4m has come in since then. Instead of shouting "ye talk shite!" away look at the accounts.  Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted February 11, 2017 Author Share Posted February 11, 2017 2 minutes ago, Polo said: He was never going to gift it to all the other shareholders. No-one in their right mind would do that. If they convert the soft loans into shares then that would be as good as a gift but without benefiting other shareholders and it would increase their percentage ownership. That's what they're planning on doing but they can't. We give a gift every other week and  never want a return. He said he was a fan and would do the same. I only want what he promised, nothing more. Don't promise the world if you've no intentions of doing it. And bye the way what he promised if you take it on overall personal worth equates to probably less than you pay for your season book. And are you not in your right mind? He said he was a fan, prove it, I say. Quote Link to post Share on other sites More sharing options...
Bertent 2,081 Posted February 11, 2017 Share Posted February 11, 2017 Just now, Rangers_no1 said: Money has certainly been wasted, don't know the official figures, but I'm still not buying into the 20K a week to Rossiter etc rumours on players etc this season. However as you correctly pointed it, must of this is covered by income from season ticket money etc. Thing is Barton fucked off after 4 months, thats a lot more than 20K a week to arrive at they 4 million figure being bandied about to support Daves claims. Quote Link to post Share on other sites More sharing options...
sassaaaa 11,406 Posted February 11, 2017 Share Posted February 11, 2017 Just now, Rangers_no1 said: Money has certainly been wasted, don't know the official figures, but I'm still not buying into the 20K a week to Rossiter etc rumours on players etc this season. However as you correctly pointed it, must of this is covered by income from season ticket money etc. The club is still bing run by idiots who couldn't manage a market stall. When i owned my businesses the one thing i made sure of every year was not to spend more than i take in. These mugs have been raping the club for decades. Even now we are still giving 4 year contracts to donkeys we will never make anything from. Quote Link to post Share on other sites More sharing options...
Siam69 27,159 Posted February 11, 2017 Share Posted February 11, 2017 1 minute ago, PRW. said: Just dealing in facts mate. Fact is they have put in £14m, as it said in the accounts around September time. King is suggesting another £4m has come in since then. Instead of shouting "ye talk shite!" away look at the accounts.  Look, did you not read above what I said about posting pesky facts, it'll never catch on in here you know. Some people just prefer to shout 'ye talk shite', generally have their mind already made up. Facts and logic are of no use to them, this and the DK statement thread is clear evidence of such. What can you do .... Quote Link to post Share on other sites More sharing options...
trueblueal 2,117 Posted February 11, 2017 Share Posted February 11, 2017 I'm sure he is counting the cost of purchasing shares in the open market to get onto power. The balance of the 18m is true investment. People saying that we've been run on fans money? No we haven't. We've needed loans to sustain our spending. Some of it is non recurring like repaying Ashley's £5m. We should so be closer to break even now. The remaining investment of upwards of £12m should be more targeted toward the first team. Quote Link to post Share on other sites More sharing options...
Tenerife Bear 1,748 Posted February 11, 2017 Share Posted February 11, 2017 People using players wages as Kings investment justification?  We pay wages. The fans, 2 full season tickets monies. Record sales no less. Quote Link to post Share on other sites More sharing options...
sassaaaa 11,406 Posted February 11, 2017 Share Posted February 11, 2017 1 minute ago, trueblueal said: I'm sure he is counting the cost of purchasing shares in the open market to get onto power. The balance of the 18m is true investment. People saying that we've been run on fans money? No we haven't. We've needed loans to sustain our spending. Some of it is non recurring like repaying Ashley's £5m. We should so be closer to break even now. The remaining investment of upwards of £12m should be more targeted toward the first team. Without season ticket money from the fans the club would have folded , its stupid if you think otherwise. Quote Link to post Share on other sites More sharing options...
KingKirk 25,779 Posted February 11, 2017 Share Posted February 11, 2017 Aye cause how much has been invested is the big problem right now ffs  Quote Link to post Share on other sites More sharing options...
williamcarvel9 87 Posted February 11, 2017 Share Posted February 11, 2017 Do people expect the transfer fees of players to total 18M for that to be considered the £18m investment?? That never will be the case. You have to factor transfer fees, agents fees, signing on fees, wages (inc bonuses). Then you have running costs which the board have reduced. Then there's investment to the infastructure. I am going against the grain by the look of it by supporting King  Quote Link to post Share on other sites More sharing options...
Tenerife Bear 1,748 Posted February 11, 2017 Share Posted February 11, 2017 1 minute ago, williamcarvel9 said: Do people expect the transfer fees of players to total 18M for that to be considered the £18m investment?? That never will be the case. You have to factor transfer fees, agents fees, signing on fees, wages (inc bonuses). Then you have running costs which the board have reduced. Then there's investment to the infastructure. I am going against the grain by the look of it by supporting King  Nonsense. Wages are paid over the course of a term. Club income pays wages. We pay the wages. Running costs we also contribute to. We are the clubs lifeblood. If King is claiming he has invested £18m, then that will be on top of the 2 years of record season book money, 2 years of sponsorship, other gate receipts, hospitality, other direct club revenue, cup match revenue, tv revenue........i've looked at the accounts and there isn't anywhere near £18m extra investment in the club on top of our normal business turnover. Nowhere near it. Quote Link to post Share on other sites More sharing options...
Smile 26,622 Posted February 11, 2017 Share Posted February 11, 2017 He will Bankrupt us and we will still have the same posters making excuses for him. Quote Link to post Share on other sites More sharing options...
Easton82 44 Posted February 11, 2017 Share Posted February 11, 2017 Nobody else wants to invest in us that's our biggest prob. King is alot better than what we've had recently he's just trying to run the club sensibly! Do people want us to go bust again? Were playing in the SPL where there's no decent money to be made! Ashley is our biggest prob! How much are we losing out on because of his dodgy deals? Quote Link to post Share on other sites More sharing options...
STEPPS BOY 74,692 Posted February 11, 2017 Share Posted February 11, 2017 25 minutes ago, PRW. said: Just dealing in facts mate. Fact is they have put in £14m, as it said in the accounts around September time. King is suggesting another £4m has come in since then. Instead of shouting "ye talk shite!" away look at the accounts.  Fuck facts.  They've not spent a penny Quote Link to post Share on other sites More sharing options...
Howsitgoing 4,281 Posted February 11, 2017 Share Posted February 11, 2017 Does King also deserve recognition for taking on Ashley and winning in the courts? The big tax case outcome still is unclear, that too can affect where future investment would be better spent. I think a lot of work gets done quite rightly behind closed doors. Quote Link to post Share on other sites More sharing options...
trueblueal 2,117 Posted February 11, 2017 Share Posted February 11, 2017 1 hour ago, sassaaaa said: Without season ticket money from the fans the club would have folded , its stupid if you think otherwise. I don't think otherwise. Some people seem to be of the opinion that the fans money is paying everyone. It isn't Quote Link to post Share on other sites More sharing options...
sassaaaa 11,406 Posted February 11, 2017 Share Posted February 11, 2017 Just now, trueblueal said: I don't think otherwise. Some people seem to be of the opinion that the fans money is paying everyone. It isn't Nobody said it pays for everything but it did keep the club alive , not anything from Kings pockets. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,778 Posted February 11, 2017 Share Posted February 11, 2017 1 hour ago, sassaaaa said: We all know they have spunked millions , but what annoys folk is it wasn't Kings millions, it was the fans cash that kept us going. pesky facts, never catch on in here Quote Link to post Share on other sites More sharing options...
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