Mor3los_1 3,672 Posted November 9, 2022 Share Posted November 9, 2022 6 minutes ago, esquire8 said: Good thread. 8 million for Ashley, 9 million for Edminston House, 7 million repaying director loans, we would've been absolutely fucked if we hadn't gotten that Europa League run. Quote Link to post Share on other sites More sharing options...
leam_baw 166 Posted November 9, 2022 Share Posted November 9, 2022 Accounts look good to me, looks like we are now running the club properly and not risking its future Quote Link to post Share on other sites More sharing options...
esquire8 43,632 Posted November 9, 2022 Share Posted November 9, 2022 Surely they haven't released this 5 days early to try appease the support before the game tonight Quote Link to post Share on other sites More sharing options...
mjg224 326 Posted November 9, 2022 Share Posted November 9, 2022 there will be no lurkers on today they will be going through the accounts kelvd1873 1 Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,958 Posted November 9, 2022 Share Posted November 9, 2022 4 minutes ago, leam_baw said: Accounts look good to me, looks like we are now running the club properly and not risking its future The wage bill us a disgrace for what we see on the park, Quote Link to post Share on other sites More sharing options...
gj923 1,457 Posted November 9, 2022 Share Posted November 9, 2022 15 minutes ago, OrangeRab said: 55 million wage bill. Jesus wept The wage bill for the first team is 37.8M an increase from 33.5M the year before The 55M is all the staff employed by Rangers ElBufalo20 and Drunk and disorderly. 2 Quote Link to post Share on other sites More sharing options...
King Jela 20,662 Posted November 9, 2022 Share Posted November 9, 2022 11 minutes ago, Mor3los_1 said: 8 million for Ashley, 9 million for Edminston House, 7 million repaying director loans, we would've been absolutely fucked if we hadn't gotten that Europa League run. Or we've got Gerrard&Patterson money and the Europa run and they've used the chance to pay off people. Really don't understand the money going into NEH. would that 9/10 million no have been better spent on adding more seats and bumping up the number of season ticket holders? kelvd1873 1 Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,958 Posted November 9, 2022 Share Posted November 9, 2022 1 minute ago, gj923 said: The wage bill for the first team is 37.8M an increase from 33.5M the year before The 55M is all the staff employed by Rangers A 4mill increase and for that we went into a euro final without a striker, and a left back converted to centre half, Quote Link to post Share on other sites More sharing options...
KingKirk 25,811 Posted November 9, 2022 Share Posted November 9, 2022 1 hour ago, esquire8 said: In his annual report the Chairman, Douglas Park, commented: “The past year has provided many highs and lows, along with challenges both on and off the park, but ultimately, I believe we are continuing to grow stronger as a Club. "This time last year, I repeated my belief from 2015 when this current Board took control of the Club, that this would be a 10-year recovery project. "While there have been moments in the last year that have exceeded both my own and the Board’s expectations (with specific reference to the Europa League run to the final) we cannot, and will not, stand still and continue to have so much more to do. "Assisting us on that path are our strong executive team and talented staff both at Ibrox and at the Rangers Training Centre. Rangers was created by four pioneers, and it should be and is the aim of every single employee of the Club to continue in that spirit. "Beginning on the pitch, we appointed Giovanni van Bronckhorst as our football manager last November. As well as delivering us the Scottish Cup for the first time in 13 years he also, as I touched on earlier, gave the Club a thrilling European journey where we came within a kick of winning only our second European trophy. "This season, under Gio’s leadership, he and the players returned us to the UEFA Champions League for the first time in 12 years by navigating two difficult qualifying rounds in August. "Our ‘player trading model’ is something your Board mention on a number of occasions. On joining the Club, Ross Wilson, our Sporting Director, was mandated by the Board to build a modern football department. "Player trading success was essential to this, as it is a key revenue stream for the majority of European clubs. We are pleased that in the last twelve months, we have achieved two club record sales through our player recruitment and player development processes. "Our Academy continues to perform strongly, with Leon King the latest Academy graduate to make the breakthrough to become a regular fixture in the first team matchday squad. Encouragingly, fourteen players from the Academy have made appearances for the first team since the start of season 2021/22. "The introduction of our B team into the Lowland League has been a fantastic success with the team being challenged week-in, week-out. Additionally, qualification of our first team for the UEFA Champions League Group Stages opened the door for our under-19s to feature in the UEFA Youth League group stages for the first time. "Our women’s football operation is something the Board are very passionate about. Led by Amy McDonald and Malky Thomson, the Club won our first SWPL title in May, and were exceptionally unlucky not to qualify for the UEFA Women’s Champions League group stage after a valiant effort against Benfica in qualifying. "Our entire football operation, led by Ross Wilson, now operates in a world-class environment at the Rangers Training Centre. The Board is committed to further improvements to ensure we retain a facility among the very best in the UK. "Off the field, and allied to performance on the pitch, we have continued to make enormous strides. "I am delighted to be reporting a Club record turnover of £86.8m for the year to 30 June 2022. From this revenue, we returned an Operating Profit of £5.9m which represents an improvement of £27.6m on last year’s operating loss. This demonstrates the success and progress achieved over the last 12 months. "During the year to 30 June 2022, we have raised new equity of £10.1m and taken on new debt of £3.6m to strengthen our financial position.” Be the last we hear from him this year 😂 Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,958 Posted November 9, 2022 Share Posted November 9, 2022 1 minute ago, King Jela said: Or we've got Gerrard&Patterson money and the Europa run and they've used the chance to pay off people. Really don't understand the money going into NEH. would that 9/10 million no have been better spent on adding more seats and bumping up the number of season ticket holders? Many seats do you think we'd get for 9mill given we'd need massive construction work on any stand Quote Link to post Share on other sites More sharing options...
King Jela 20,662 Posted November 9, 2022 Share Posted November 9, 2022 Just now, Jimbeamjunior said: Many seats do you think we'd get for 9mill given we'd need massive construction work on any stand I have absolutely no idea. That's why I was asking the question. Quote Link to post Share on other sites More sharing options...
The Specky Forum Organiser 66,215 Posted November 9, 2022 Share Posted November 9, 2022 17 minutes ago, Mor3los_1 said: 8 million for Ashley, 9 million for Edminston House, 7 million repaying director loans, we would've been absolutely fucked if we hadn't gotten that Europa League run. We wouldn't have paid the directors back or went for ED house if we weren't bringing that money in tho Geo17 and Drunk and disorderly. 2 Quote Link to post Share on other sites More sharing options...
The Specky Forum Organiser 66,215 Posted November 9, 2022 Share Posted November 9, 2022 13 minutes ago, esquire8 said: Surely they haven't released this 5 days early to try appease the support before the game tonight ? Quote Link to post Share on other sites More sharing options...
graeme_4 35,185 Posted November 9, 2022 Share Posted November 9, 2022 7 minutes ago, gj923 said: The wage bill for the first team is 37.8M an increase from 33.5M the year before The 55M is all the staff employed by Rangers It really illustrates how important it is to get rid of the guys that don’t contribute anymore because their either too injury prone, too old or not good enough. Where you add up Helander, Roofe and Souttar you’ve probably got £45k a week if not more for guys that will barely kick a ball for us. That’s £2.3m a year before bonuses or anything else for guys that offer zilch. One Jock Wallace and The Archer 2 Quote Link to post Share on other sites More sharing options...
esquire8 43,632 Posted November 9, 2022 Share Posted November 9, 2022 Just now, The Specky Liar said: ? This was due to be released on the 14th going by the same source that correctly said the AGM was on the 6th of December. Quote Link to post Share on other sites More sharing options...
The Specky Forum Organiser 66,215 Posted November 9, 2022 Share Posted November 9, 2022 Just now, esquire8 said: This was due to be released on the 14th going by the same source that correctly said the AGM was on the 6th of December. 🤣 Quote Link to post Share on other sites More sharing options...
TheKingObv 10,657 Posted November 9, 2022 Share Posted November 9, 2022 22 minutes ago, Mor3los_1 said: 8 million for Ashley, 9 million for Edminston House, 7 million repaying director loans, we would've been absolutely fucked if we hadn't gotten that Europa League run. And it would have been an incredible year without certain exceptional fees. It works both ways. RFC55 1 Quote Link to post Share on other sites More sharing options...
Mor3los_1 3,672 Posted November 9, 2022 Share Posted November 9, 2022 Just now, TheKingObv said: And it would have been an incredible year without certain exceptional fees. It works both ways. Now we'll suffer due to the squad being old and rubbish? Works both ways, we front loaded investment in the pitch for the success which worked however by repaying all the loans and settlements all at once when the squad is done leaves us in an awkward situation? The Archer 1 Quote Link to post Share on other sites More sharing options...
The Archer 1,208 Posted November 9, 2022 Share Posted November 9, 2022 Next year we won’t pay the SD 6 million so why not pay 80% of the duds on our treatment table and Davis,Arfield,McGregor off .Can’t be good for moral when you have so many wounded that will never play for us. Quote Link to post Share on other sites More sharing options...
The Specky Forum Organiser 66,215 Posted November 9, 2022 Share Posted November 9, 2022 Just now, Mor3los_1 said: Now we'll suffer due to the squad being old and rubbish? Works both ways, we front loaded investment in the pitch for the success which worked however by repaying all the loans and settlements all at once when the squad is done leaves us in an awkward situation? That's because the recruitment was terrible, there is better value for money out there than what we got in the summer Quote Link to post Share on other sites More sharing options...
Clemdog 39,389 Posted November 9, 2022 Share Posted November 9, 2022 The £7.5 Million on player trading is a bit fucking mental. Quote Link to post Share on other sites More sharing options...
The Specky Forum Organiser 66,215 Posted November 9, 2022 Share Posted November 9, 2022 Just now, The Archer said: Next year we won’t pay the SD 6 million so why not pay 80% of the duds on our treatment table and Davis,Arfield,McGregor off .Can’t be good for moral when you have so many wounded that will never play for us. What would we gain by wasting that sort of money Quote Link to post Share on other sites More sharing options...
TheKingObv 10,657 Posted November 9, 2022 Share Posted November 9, 2022 1 minute ago, Mor3los_1 said: Now we'll suffer due to the squad being old and rubbish? Works both ways, we front loaded investment in the pitch for the success which worked however by repaying all the loans and settlements all at once when the squad is done leaves us in an awkward situation? Not denying any of that - but your initial post wasn't about the strength of the squad. Quote Link to post Share on other sites More sharing options...
Bears r us 30,998 Posted November 9, 2022 Share Posted November 9, 2022 1 hour ago, STEPPS BOY said: Think we can also forget about Ross Wilson going anywhere tbh. After reading D Park's piece that was what stood out to me, and also how outstanding everything at the training centre is. kelvd1873 and Hadron Collider 2 Quote Link to post Share on other sites More sharing options...
Mor3los_1 3,672 Posted November 9, 2022 Share Posted November 9, 2022 1 minute ago, The Specky Liar said: That's because the recruitment was terrible, there is better value for money out there than what we got in the summer I don't have a real issue with the recruitment this year, it's more the fact we did nothing last year which has fucked is badly. Kylegib 1 Quote Link to post Share on other sites More sharing options...
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