Jimfanciesthedude 24,607 Posted February 11, 2017 Share Posted February 11, 2017 1 hour 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. the question should be, why have we needed another 4million loan less than 6 months after taking in the highest amount of ST revenue we have taken since pre admin, how badly ran are we that ST money plus all additional revenue gained since St renewal time wasnt enough to get us by halloween Quote Link to post Share on other sites More sharing options...
trueblueal 2,117 Posted February 11, 2017 Share Posted February 11, 2017 1 minute ago, sassaaaa said: Nobody said it pays for everything but it did keep the club alive , not anything from Kings pockets. Both kept us going this season. Those £12-13m of loans are monies we couldn't generate from normal revenue streams. Imagine the state we'd be in if you took that money away and we had to actually build a team and rebuild the infrastructure and staffing levels at break even. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,607 Posted February 11, 2017 Share Posted February 11, 2017 had the old board borrowed 4million quid by end of october and we sat languishing miles behind the leaders, they would rightly have got it tight for terrible mismanagement this board get praised for taking out the loan Quote Link to post Share on other sites More sharing options...
sassaaaa 11,406 Posted February 11, 2017 Share Posted February 11, 2017 3 minutes ago, trueblueal said: Both kept us going this season. Those £12-13m of loans are monies we couldn't generate from normal revenue streams. Imagine the state we'd be in if you took that money away and we had to actually build a team and rebuild the infrastructure and staffing levels at break even. You are hell bent on making King out to be something he isn't. All i said was the club would be dead if the fans never put millions in with season tickets and thats an honest fact. A loan gets repaid and probably with next seasons books bought by the fans and means King has put in the square root of fuck all. Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted February 11, 2017 Author Share Posted February 11, 2017 With King at the helm a. We won't get the Ashley thing sorted as they are both arseholes and won't back down in any way. b. We won't get investment in as people see the measure of him c. We are going nowhere Quote Link to post Share on other sites More sharing options...
grfc1872 56 Posted February 11, 2017 Share Posted February 11, 2017 Get of his back to many moaning cunts the man said what he'll do let him get on with it . Quote Link to post Share on other sites More sharing options...
BertContraband 282 Posted February 11, 2017 Share Posted February 11, 2017 2 hours ago, Tenerife Bear said: Soft loans are not investment. Fans have ploughed in far more than the board have. The club have spent about £3m on transfer fees in last 2 years and average £8m per season on wages. Pathetic for a club of our standing in the game. A soft loan is an investment Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,607 Posted February 11, 2017 Share Posted February 11, 2017 2 minutes ago, grfc1872 said: Get of his back to many moaning cunts the man said what he'll do let him get on with it . he also said he was paid a salary of 40 grand a year back in SA, how'd that one work out again Quote Link to post Share on other sites More sharing options...
Theulstervolunteer 1,859 Posted February 11, 2017 Share Posted February 11, 2017 1 hour 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. Spot on . Quote Link to post Share on other sites More sharing options...
Tenerife Bear 1,748 Posted February 11, 2017 Share Posted February 11, 2017 8 minutes ago, BertContraband said: A soft loan is an investment No it's not. Quote Link to post Share on other sites More sharing options...
sRcFoCt 7,677 Posted February 11, 2017 Share Posted February 11, 2017 There was never going to be 30m investment even at that investment was going into auchenhowie and stadium (can't really tell if it has happened) then a modern football club structure of producing players then selling on Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted February 11, 2017 Author Share Posted February 11, 2017 Just now, sRcFoCt said: There was never going to be 30m investment even at that investment was going into auchenhowie and stadium (can't really tell if it has happened) then a modern football club structure of producing players then selling on Major shifty eyes Quote Link to post Share on other sites More sharing options...
sRcFoCt 7,677 Posted February 11, 2017 Share Posted February 11, 2017 1 minute ago, eosmhdo said: Major shifty eyes (. ) (. ) ( .) ( .) Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted February 11, 2017 Author Share Posted February 11, 2017 Just now, sRcFoCt said: (. ) (. ) ( .) ( .) Exactly ? Quote Link to post Share on other sites More sharing options...
kplfishtank 4,657 Posted February 11, 2017 Share Posted February 11, 2017 29 minutes ago, Jimbeamjunior said: the question should be, why have we needed another 4million loan less than 6 months after taking in the highest amount of ST revenue we have taken since pre admin, how badly ran are we that ST money plus all additional revenue gained since St renewal time wasnt enough to get us by halloween We just need someone to say the strip deal for the full house. King has put not one coin into Rangers he bought shares from fuck knows where, he gave loans to turn to shares. Not what his campaign group claimed. Worse than politicians. Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted February 11, 2017 Author Share Posted February 11, 2017 42 minutes ago, kplfishtank said: We just need someone to say the strip deal for the full house. King has put not one coin into Rangers he bought shares from fuck knows where, he gave loans to turn to shares. Not what his campaign group claimed. Worse than politicians. Seen more transparency at Westminster , at least they get found out eventually. This lot have closed the shop. Rangers men as well, my arse. Quote Link to post Share on other sites More sharing options...
BertContraband 282 Posted February 11, 2017 Share Posted February 11, 2017 1 hour ago, Tenerife Bear said: No it's not. Its money into the club that will become shares in the club. Describe what you think an investment is. Quote Link to post Share on other sites More sharing options...
trueblueal 2,117 Posted February 11, 2017 Share Posted February 11, 2017 2 hours ago, sassaaaa said: You are hell bent on making King out to be something he isn't. All i said was the club would be dead if the fans never put millions in with season tickets and thats an honest fact. A loan gets repaid and probably with next seasons books bought by the fans and means King has put in the square root of fuck all. The loan getting repayed? It's to be converted to shares. He's effectively invested in the share issue ahead of time Quote Link to post Share on other sites More sharing options...
eosmhdo 1,879 Posted February 11, 2017 Author Share Posted February 11, 2017 33 minutes ago, trueblueal said: The loan getting repayed? It's to be converted to shares. He's effectively invested in the share issue ahead of time And with the lack of investment can choose when the price is right to fuck off with a profit, just like last time . Sick of hearing he lost 20 m whom MIM paid that back allegedly. And even if it didn't he would be able to right of the investment as a bad one tax wise and lose fuck all. The mans lost zero from us imo and stands to yet again make a profit. get him take fuck imo, Rangers man my arse Quote Link to post Share on other sites More sharing options...
Stroll_on 16 Posted February 11, 2017 Share Posted February 11, 2017 6 hours ago, LeeWallaceRFC said: t. Warburton wasted a lot of money on a lot of shite. He wasn't good enough and he failed. Simple as that. Couldn't agree more, his signings have all been terrible. Quote Link to post Share on other sites More sharing options...
Malkster 4,897 Posted February 11, 2017 Share Posted February 11, 2017 18 mil..............my arse! Quote Link to post Share on other sites More sharing options...
magic8ball 27,901 Posted February 11, 2017 Share Posted February 11, 2017 7 hours ago, PRW. said: Nit picking. The 30m he originally stated WILL go in. Probably more. The problem is a lot of people expected the 30m quoted to be spent within the first year and on transfers , the same people would be wanting kings head hung from the main stand if the 30m was spent on players and half proved Duds and there was no cash left after that the people giving king stick need to get real ,there isn't a queue of people wanting to invest 10s of millions in the club ,and king along with the 3 bears are doing what they can to get us going in the right direction the onerous contracts will be cancelling out a significant amount of the cash put in by our main shareholders even id the cash was put in as soft loans ,it's still investment into the club to keep us at a semi competitive level ,a lot of fans baulk at the soft loans as investment ,but no person in their right mind would gift cash to any business when there is a leech like Ashley sitting there that would benefit from such gifting of cash we can all sit and say,if I won the euro millions I would throw money at the club ,but in the cold light of day and the euro millions did come up very very few would throw millions at the club without some sort of recompense ie future shares when there was a billionaire that screws the club taking a cut of any future success Quote Link to post Share on other sites More sharing options...
LeeWallaceRFC 3,920 Posted February 12, 2017 Share Posted February 12, 2017 56 minutes ago, Stroll_on said: Couldn't agree more, his signings have all been terrible. I like Foderingham and Waghorn, and I reckon if utilised correctly in a 4-4-2 then Garner could become a very good player for us. However, that was one of numerous things that perplexed me most about Warburton. Why spend such a large sum of money on a player, and then through his own stubbornness refuse to adapt the system to suit his style? At the end of the day, the man was out of his depth and nowhere near up to the job. Thankfully we can now hire a new manager and move forward. Quote Link to post Share on other sites More sharing options...
Dlydon81 245 Posted February 12, 2017 Share Posted February 12, 2017 7 hours ago, Ger77 said: There isn't 12 million left, because there wasn't 30 million sitting waiting to be spent in the first place. So true! The £18m he claims has been invested already is an alternative fact! Quote Link to post Share on other sites More sharing options...
Stroll_on 16 Posted February 12, 2017 Share Posted February 12, 2017 2 minutes ago, LeeWallaceRFC said: I like Foderingham and Waghorn, and I reckon if utilised correctly in a 4-4-2 then Garner could become a very good player for us. However, that was one of numerous things that perplexed me most about Warburton. Why spend such a large sum of money on a player, and then through his own stubbornness refuse to adapt the system to suit his style? At the end of the day, the man was out of his depth and nowhere near up to the job. Thankfully we can now hire a new manager and move forward. I'm not convinced with foderingham and waghorn has done hehaw all season, I don't know why we spent 1.8 million on a striker who's scored about 105 goals in ten years, sure he might do us a turn if the team can actually play good but I just don't see it happening. Quote Link to post Share on other sites More sharing options...
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